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X @Bloomberg
Bloomberg· 2025-10-10 13:44
The hottest thing in fashion nowadays? Old things. Rolex, Levi's and luxury brands are offering certified "pre-loved" resale programs. @Rovzar has more on what's driving this trend https://t.co/knjzFLukCv https://t.co/ItFUoBt2dx ...
We're in a K-shaped economy right now, says Gillon Capital's Ray Washburne
CNBC Television· 2025-09-02 12:20
Industrial Policy & Government Intervention - The speaker expresses reservations about government equity stakes in companies, preferring loan-based support similar to the Overseas Private Investment Corporation's approach [3][4] - The speaker contrasts current industrial policy with past practices, noting the oil industry's self-reliance during crises without government bailouts [4] - The speaker criticizes the concept of "too big to fail" banks, arguing it creates unfair competition for regional banks [5] Market & Economic Indicators - Gasoline sales are flat year-over-year, but prices are down 10-12%, suggesting reduced consumer driving [6][7] - Diesel sales are up 35% year-over-year, indicating strong commercial activity, potentially driven by onshoring [7] - The speaker suggests monitoring diesel sales in the third quarter to gauge the sustainability of the current economic activity [9] Retail & Consumer Behavior - The economy is K-shaped, with luxury shopping centers experiencing double-digit sales increases while middle-market retailers like Red Lobster struggle with flat sales and heavy discounting [10][11] - McDonald's price increases are encroaching on casual dining restaurants [11] - Consumers are trading down from higher-priced alcoholic beverages like margaritas to cheaper options like beer [14] - Consumers, especially younger demographics, are increasingly buying smaller quantities of alcohol for immediate consumption rather than larger quantities for later use [15][17]
Thieves steal $2 million in jewelry from Seattle store
NBC News· 2025-08-16 22:06
In seconds, at least $2 million worth of Rolexes, gold, an emerald necklace, and a platinum diamond gone. Staff say four people believed to be men in their 20s or 30s smashed their way through Manashian's sons in broad daylight. Co-owner Josh Manashie watched his dad be forced to the ground by one of them armed with bear spray.>> What a piece of work. Uh, I'm going to tell you I that's pretty scary business to get him on the ground and our other security guard was on the ground. You know, we really were or ...
X @Xeer
Xeer· 2025-08-07 03:56
Wealth Stages - The analysis outlines ten stages of wealth based on watch ownership, starting from no watch and progressing through various brands [1] - Stages include entry-level brands like Casio and Apple Watch, mid-range brands like Tissot and Seiko, and luxury brands like Rolex and Patek Philippe [1] - The progression culminates in ultra-high-end brands like FP Journe and Richard Mille, with the final stage returning to no watch [1] Brand Perception - Richard Mille is characterized as "dumb money," suggesting a perception of ostentatious or unwise spending [1] - Jacob & Co is labeled as "actual dumb fk," indicating a strong negative perception of the brand [1]
X @Xeer
Xeer· 2025-08-06 10:55
Wealth Accumulation Stages - The progression of wealth is often reflected in watch ownership, starting from no watch and evolving through various brands [1] - Early stages include affordable brands like Casio, Swatch, and Apple Watch [1] - Mid-tier brands such as Tissot, Seiko, Citizen, Tudor, Nomos, and Tag Heuer represent further financial progress [1] - Luxury brands like Omega, Zenith, IWC, Rolex, Grand Seiko, and JLC indicate significant wealth accumulation [1] - Ultra-luxury brands such as Patek Philippe, Audemars Piguet, Vacheron Constantin, and A Lange & Sohne signify substantial wealth [1] - Niche and independent brands like FP Journe and MB&F represent a high level of connoisseurship and wealth [1] - Richard Mille is associated with "dumb money," suggesting conspicuous consumption without genuine appreciation [1] - The final stage is "no watch," implying a return to simplicity or a transcendence of material status symbols [1] - Jacob & Co is considered an example of excessive and tasteless display of wealth [1]
X @Forbes
Forbes· 2025-07-24 01:00
Warm Summer Nights: Rose Gold From Parmigiani, Visconti And Rolex https://t.co/XTDZlkcLv6 ...
X @Xeer
Xeer· 2025-07-11 10:02
Investment Advice - Suggests reconsidering luxury purchases like Rolex watches for individuals in developing countries who have profited from cryptocurrency [1] - Recommends considering alternative luxury watch brands such as Omega, Vacheron Constantin, or Jaeger Lecoultre [1] Safety and Security - Highlights the importance of not taking safety for granted in locations like Singapore and Dubai [1]
X @Xeer
Xeer· 2025-07-11 04:24
What I thought being rich meant at 23:– Porsche– Luxury condo– Home cinema– Rolex– Business class flights- $ADA, $ETH, Polkadot– Retired by 35What rich looks like at 36:– Lamborghini– Resort-style villa– Patek Philippe– Personal chef and chauffeur- Strategic Bitcoin Reserve– Private jetIt's the golden bull run mfer.Stop being a pussy and believe in something.Hyperliquid. ...