The great Rolex recession is here: How the Fed crushed the luxury watch boom

The great Rolex recession is here: How the Fed crushed the luxury watch boom

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The secondary market for luxury watches has sunk to its lowest level in over two years. • The WatchCharts market index and has slumped 32% from an all-time high in March last year. • Elevated interest rates and heightened economic uncertainties are seen as sapping demand for luxury timepieces.…

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