Is The Luxury Goods Bubble About to Burst?
Patrick Boyle On Finance
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The Fall of Luxury Watch Prices
Young shoppers who drew on savings during lockdowns are now under more pressure from rising prices than older generations with higher incomes. Millions of Americans face a hit of at least $500 a month to their household budgets from the restart of federal student loan payments in September. The only luxury investment that has outperformed the S&P 500 has been rare whiskey bottles.
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