Here Are Seven Ways Rich Millennials Are Redefining Luxury
Rich millennials are creating new trends and status symbols — here are 7 ways they're redefining what luxury looks like
Hillary Hoffower Apr. 6, 2019
Rich millennials are giving the luxury world a facelift.
Like other millennials, they spend on experiences— but they're opting to pay for VIP treatments and customization.
In luxury fashion, rich millennials are reinventing the meaning of expensive sneakers and streetwear.
Rich millennials' spending habits are turning the luxury sector on its head.
Like the rest of their generation, rich millennials prefer to spend on experiences — but unlike the rest of their generation, they pay extra to heighten these experiences with VIP treatments and customization.
Emailed to Recaps:
Sam Oliver: Short and Sweet my friends. Today, the tariffs on China begin in full force.
Thursday and Friday of last week were low volatile days during a time when havoc normally would prevail in a market. Remember that trader's motto we talked about? "When volatility is low, so will the markets go low."
This is always a good time to make adjustments in a financial system. We have been told to prepare ourselves through many economic articles already as of late for a 10 to 20% decline.
Here is how a Tariff Works. Tariffs restrict imports into the US by increasing the price on goods and services coming into the US. This will make our trade volumes go even lower, and every move will have the capacity to change the direction of the market significantly.
Emailed to Recaps:
MarkZ Monday Update : Highlights by PDK – Not Verbatum
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: To the PTB, we are ready willing and able to do our part. We have been trained for years now. We got this!!!
MZ: Iraq did not have a new rate yet as of Saturday morning as my contractor contacts expected…..but we are still watching for them this week…
I really expected package deliveries last night……no confirmations on any as of yet. Monday mornings are tough because news usually doesn’t start flowing until after 2PM….
Reno is about 3 hours behind eastern time…….really early there still……I will know more later on ..
I do have some large groups that are expecting to distribute on Tuesday so we have a lot to watch tomorrow.
I feel it is possible to see 800 numbers at any time when all this starts… watching carefully after noon tomorrow.
"Re: The GCR Began Last Week" by TJ - 5.12.19
"The GCR Began Last Week" - Sam Oliver Update 5-12-19
TJ: This hits the nail on the head.
Tariffs, properly applied, naturally force the values of currencies to their correct levels relative to each other, and as they correct themselves the tariffs naturally reduce themselves to zero as the correct relative currency values are achieved.
This levels the playing field naturally and then keeps it level as nations' circumstances change over time.
The big 2 that must be corrected now relative to each other are America and China, and as they correct themselves, all other nations' currencies will more easily correct themselves too with a little help from some tariffs as required, which would fade away as their correct relative levels are also achieved.
This would allow fair trade rather than geopolitics to determine the relative value of currencies.