And The Rich Get Poorer? Swiss Watch Exports Collapse At Fastest Pace Since Lehman

by Tyler Durden
ZeroHedge.com
Nov 22, 2016

For the 16th month in a row (longer than the 14 month stretch during the financial crisis), Swiss Watch exports have collapsed year-over-year. As Bloomberg reports, the 16.4% plunge in October is the biggest monthly drop in seven years, as demand weakened in almost every major market for Rolex and Omega timepieces.

The Rest…HERE

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