The Outlook for Luxury in China

JPMorgan Chase Global Market Strategist David Stubbs discusses the outlook for luxury spending in China. Earlier, Bloomberg reported that Swiss watch exports fell for an eighth consecutive month as shipments to Hong Kong extended a one-year rut caused by rich Chinese traveling to cheaper locations to buy expensive timepieces. Stubbs joined Bloomberg’s Anna Edwards and Manus Cranny on “countdown.”

Bloomberg Markets: The Trump Economy 8/15/2017
22:34 - Guests include: Mihir Worah, PIMCO CIO of asset allocation and real return, and Ed Morse, Citigroup's global head of commodities research. (Source: Bloomberg)
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