Dracula’s Lanterns Join Patek Philippe in Auction

Nov. 26 (Bloomberg) -- As Dracula he shunned the light, though in real life Hungarian actor Bela Lugosi owned a pair of 18th-century Chinese lantern stands that will go on sale at Christie’s International in Hong Kong. The six-day auction of wine, modern and contemporary Asian Art, classical Chinese paintings and calligraphy, ceramics, Chinese furniture, watches and jewelry began Nov. 23 and is estimated by Christie’s to raise as much as HK$2.2 billion ($284 million). (Source: Bloomberg)

Do Markets Worry Too Much About Inflation?
05:11 - Federal Reserve Chair Janet Yellen said the central bank was not to blame for the tumult that has engulfed financial markets this year and is unlikely to roll back its December interest-rate increase in response. Yellen added that the Fed was taking another look at negative interest rates as a potential policy tool if the U.S. economy faltered, a scenario some investors view as a mounting possibility amid a darkening outlook for world growth. SVM Asset Management Managing Director Colin McLean discussed with Bloomberg’s Manus Cranny on “Countdown.”
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