Posts filed under “Consumer Spending”

The Spending Habits of the 0.01%

Attention peasants: The Greubel Forsey GMT at $549,000

Source: Greubel Forsey
I have been hearing a lot about the spending habits of the 0.01 percent lately.

Perhaps, a little bit too much.

Don’t worry, this isn’t going to be a class-warfare rant or a treatise on living the simpler, less materialistic life. Rather, it is a suggestion to some folks that perhaps they might want to make some of their conspicuous consumption a little less conspicuous.

For example, I learned last week that Tiffany & Co. had a secret room for the big spenders. That’s because when you’re dropping $20 million on a necklace that, according to Tiffany’s vice president, is being bought with literally a wheelbarrow full of cash, you want some, you know, privacy.

Or how about those folks who want to learn how to drive a $500,000 car very, very fast and they need to take a specific class? It’s tough luck if you don’t have a Lamborghini Aventador Roadster yet, because they are sold out. So is the new $1.4 million Ferrari LaFerrari. You can still buy a Bentley GT or a Ferrari California T — assuming you don’t mind hearing the derisive snickers of the parking valets behind your back.  Continues here

Category: Consumer Spending, Psychology, Really, really bad calls

America & Automobile Efficiency

Americans are buying more fuel-efficient cars, but . . . Source: Know More   Other countries are still way ahead Source: Center for Climate and Energy Solutions   Continues here

Category: Consumer Spending, Energy

Housing, retail, risk: The week ahead


Source: Yahoo Finance

Category: Consumer Spending, Economy, Retail, Video

No, Those Are Not Millions of Unsold Cars Rusting Away

This week, an e-mail landed in my inbox with the header “Unsold Cars.” Above is just a few of the thousands upon thousands of unsold cars at Sheerness, United Kingdom. Please do see this on Google Maps….type in Sheerness, United Kingdom. Look to the west coast, below River Thames next to River Medway. Left of…Read More

Category: Consumer Spending, Data Analysis, Really, really bad calls, Web/Tech

13 Years of Apple Stores in 60 Seconds

Click for an animated graphic. Source: Retale   Click on the map to see an animation of Apple Inc. store openings and product releases over the last 13 years. We’ll wait for you. OK, that was pretty cool, right?  Continues here

Category: Consumer Spending, Digital Media, Retail, Technology

Why Citi Bike is too popular for its own good

Source: Know More

Category: Consumer Spending, Markets

What’s In a Logo?

Source: Visually

Category: Consumer Spending, Derivatives, Research

Mobile Usage Trends, Illustrated

Source: The Reformed Broker

Category: Consumer Spending, Digital Media, Technology

Global Gross Gambling Winnings = $440 Billion in 2013

Source: Economist

Category: Bad Math, Consumer Spending

Economic Indicators Dashboard

Click for an interactive graphic. Source: Russell Investments

Category: Consumer Spending, Credit, Economy, Employment, Fixed Income/Interest Rates, Markets