

⌚ “Engagement Watch” — Rolex’s wedding win. Starbucks’ barista championship. Home Depot’s ICE raid.
Jun 13, 2025
Sales of Rolex watches are soaring as women gift them as engagement rings. Home Depot faces new risks with immigration raids impacting their business strategy. Starbucks kicks off the world's first Barista Championship while creatively leveraging in-house influencers. The discourse also touches on the broader economic landscape, including trade wars and recession indicators like TaskRabbits, alongside a mix of light-hearted commentary and personal anecdotes from the hosts.
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Rolex as Engagement Gifts
- Women have started giving men Rolex watches as engagement gifts, creating a new trend of "Rolex engagement watches."
- Rolex sales surged due to this trend, alongside a new seven-year-designed model called the Land Dweller.
TaskRabbit as Economic Indicator
- A rise in TaskRabbit gig workers signals economic worry, while increased requests from customers can indicate healthy consumer spending.
- TaskRabbit imposed a waitlist for workers due to high demand in gig work this year.
Rolex's Manufactured Scarcity
- Rolex produces 1.2 million watches yearly, far more than many think, making it common rather than rare.
- Perceived scarcity of luxury goods like Rolex is manufactured through marketing rather than actual rarity.