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luxury market shifts focus to us amid weak demand in china
The luxury goods industry is shifting its focus from China to the United States due to weak demand in the former. Analysts predict mid-single-digit growth in the US, driven by jewellery and high-end watches, despite potential risks from US tariffs on European imports that could raise prices.
investing strategies after trump victory focus on cryptocurrencies and us stocks
Swiss investors are repositioning their portfolios following Donald Trump's election victory, with a focus on cryptocurrencies and U.S. stocks. Companies like Alcon, ABB, and Holcim are favored due to anticipated tax cuts, while firms such as Swatch and Richemont may face higher import duties. The pharmaceutical sector has shown strong performance, bolstering the overall Swiss market.
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