The Swiss watch industry experienced a notable revival in April 2024, following a significant decline in the previous month. A shift towards higher-value watches suggests upper-income consumers continue to spend while other income tiers remain reluctant to purchase luxury items. Click here to read the entire article on Forbes.com
(FORBES) AI Demand Boosts Nvidia Earnings, Challenges Commodities And Utilities
While Nvidia benefits from the exponential growth in artificial intelligence, other areas of the economy associated with the boom — certain commodities and electric utilities — are struggling to keep pace with the expansion. Click here to read the entire article on Forbes.com
(BLOG) Polarized Consumer Spending: Q1 Earnings Reveal Resilient Luxury Demand Amid Weakness at Lower Income Levels
This week’s post highlights some themes gathered from Q1 earnings reports, provides an update on a recent investment recommendation, and showcases some interesting charts from last week.
(FORBES) LVMH, Walmart and Home Depot Highlight Shift In Consumer Spending
Retailers are in the midst of reporting season, and their results indicate a change is consumer spending habits. Click here to read the entire article on Forbes.
(FORBES) (Published Works) Top 5 Takeaways From S&P 500 Q1 Earnings Season
Earnings season highlighted continued growth in the profit cycle, powered by a handful of technology companies. However, signs of consumer stress are beginning to emerge. Click here to read the entire article on Forbes.com.
(FORBES) (Published Works) How Independent Watchmakers Compete With Swiss Titans
Rolex, Patek Philippe, and Audemars Piguet are brands synonymous with elegance, precision, quality and status. However, smaller, independent watchmakers have emerged to fill in the gaps where the household names don’t want to operate. Why are these niche brands growing in significance and reputation, and how do they compete with the giant Swiss juggernauts? Click …
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(FORBES) (Published Works) Chinese Stock Surge Surprises Investors: Too Late To Join The Rally?
Chinese equity markets are surging, causing anxiety for investors who have abandoned the market after years of poor returns. Is it time to get back in? Click here to read the entire article on Forbes.com
(FORBES) Falling Luxury Watch Prices: Time to Buy?
Demand for luxury watches soared during the pandemic as consumers flush with cash and a growing interest in collectibles clamored to buy brand-name timepieces. Now, prices are falling. In my latest Forbes article, I explore some of the recent trends in the watch market and what may arrest the decline in secondary market values.
