BLOOMBERG Bloomberg July 4, 2024
Lets talk about the markets. We are up about 8 . Stocks falling back to 64, spot 24 is where we are trading right now. What is driving that . Luxuries. I would argue china is one of the biggest effects on what is happening in europe today. Maybe more so than what is happening as a result of the cpr cpi we saw. Lvmh is up by 3. 5 . China is going to allow tour groups once again to visit the u. K. For, france, italy, you name it. As a result, luxury stocks will benefit. That is a big pickup. You can see the benefit in the stock it the engineering giant, there are issues with the digital business...