Bubbles are often created by cheap and easy money in the system. The table below is courtesy Greed & Fear via Seeking Alpha and looks at some of the most notable bubbles in history. Wonder how long is it going to take for this current global central bank engineered asset bubble to pop?
Gucci Sales Drop 18% In Q1 Amid China’s Slowdown And Demand For ‘Quiet
Luxury’
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Luxury conglomerate Kering reported a 10% decline in first-quarter sales as
Gucci, its flagship brand, grapples with China woes and brand redirection.
25 minutes ago