‘Bling Bling’ No Longer Big With Wealthy Consumers?

Perhaps a little perspective is needed on the luxury recovery.

A flood of recent news reports say the wealthy have regained their appetite for $490,000 watches, $245,000 Rolls-Royces and $100,000 safaris to Africa.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire