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Re: luxury spending



Forstater, Mathew wrote:

Does anyone know how luxury consumption/spending has been doing
recently?  Have those who are fairly economically secure been taking
advantage of low interest rates, etc, or has the supposed 'wealth
effect' been overpowering that, etc? Thanks. leads to data would be
appreciated also. Mat

Here's one fun measure: <http://finance.yahoo.com/q?s=TIF&d=c&k=c1&c=wmt&a=v&p=s&t=6m&l=on&z=m&q=l>.

Doug




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