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Rebound In Used Luxury Watches Continues
Rebound In Used Luxury Watches Continues
During the COVID-era flood of free money, from stimulus checks to the Federal Reserve's zero-interest-rate policy, luxury watch prices skyrocketed to the moon. But once that liquidity boom faded and interest rates were pushed sharply higher to rein in the inflation monster fueled by helicopter money, the secondary luxury market slid into a multi-year correction.
Over the last year and a half, however, that downturn appears to have bottomed out (see here and here), with prices continuing to rebound.
The Bloomberg Subdial Watch Index, which...
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Aug 14, 2026 / Tyler Durden
Only 3% Of Americans Trust AI "A Great Deal" With Their Money - But One In Five Are Using It Anyway
Only 3% Of Americans Trust AI "A Great Deal" With Their Money - But One In Five Are Using It Anyway
A new Gallup survey finds a wide gap between the financial advice Americans say they trust and the advice they actually take.
Just 3% of Americans say they have "a great deal" of confidence in artificial intelligence to help manage their money - while about 30% express "a great deal" or "some" confidence. Moreover, roughly one in five people who sought financial advice in the past year used AI to get...
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Jul 14, 2026 / Tyler Durden
Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Shares of struggling EV maker Lucid plunged as much as 49% after auto-industry news website Electric-Vehicles.com reported that the company is working with restructuring adviser AlixPartners to evaluate strategic options, including a potential take-private transaction or a Chapter 11 bankruptcy filing.
Lucid (LCID) considering going private or chapter 11, according to https://t.co/lDDwzdDPdL
LUCID DOWN 45%
— zerohedge (@zerohedge) July 14, 2026
Lucid EV
Here's more from the report:
According to the sources who spoke on condition of anonymity because the review is strictly confidential, AlixPartners is...
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Jul 22, 2026 / Tyler Durden
Jim Quinn Warns "We've Already Entered This Fourth Turning's Global War..."
Jim Quinn Warns "We've Already Entered This Fourth Turning's Global War..."
Authored by Jim Quinn via The Bruning Platform blog,
“THESE are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph.” – Thomas Paine – The American Crisis
“At...
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