Tick-tock.

Photographer: JUSTIN TALLIS/AFP/Getty Images

Time Isn't on Luxury Watchmakers' Side

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Upper-Middle-Class Angst Is Depressing Swiss Watch Sales

If this generation can’t afford one, and the next generation doesn’t want one, the future looks bleak for Swiss timepieces. Mark Gilbert explains why social and economic changes around the world are keeping horologists in Geneva up at night. 

U.S. Companies Were Hurt By China, Too

American manufacturing workers weren’t alone in taking a beating from low-cost overseas competition, Noah Smith finds: New research suggests U.S. businesses also shrank from the free-trade challenge. 

Innovators Succeed Outside of Regulators’ Boxes

Renting an Airbnb isn’t the same as staying at a hotel, and thank goodness for that. Virginia Postrel is happy to accept some trade-offs in service and convenience, if it means entrepreneurs are free to explore.

Expect the Unexpected From Trump the Deal-Maker

Real-estate bargaining has its own logic. In a government context, that opens the door to surprises. Tyler Cowen lays out a possible scenario for the next administration based on Donald Trump’s experience as a developer.

Five Facts About Trump’s ‘Popularity’

There’s nothing nothing Teflon about this president-elect, even if he tells the American people otherwise. Jonathan Bernstein offers reason to be skeptical. 

Ritholtz’s Reads

  • The trick to not giving a terrible gift this year (Wonkblog)
  • Anil Dash on the future of tech (Hint: It’s weirdly human) (Trello)
  • Venture capitalists, cognitive bias, and the dangers of learning from the past (Mattermark)

(Read Barry Ritholtz’s full daily news roundup.)

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