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Cities' "Doom Loops" Are Even Worse Than You Imagined
24.04.2024, 18:45 Uhr. ZeroHedge News - https: - Cities' "Doom Loops" Are Even Worse Than You Imagined Authored by Charles Hugh Smith via OfTwoMinds blog, This is why those who understand these dynamics are getting out, even though the city was their home. A correspondent who prefers to remain anonymous sent me this account of the "doom loop" that is playing out in many American cities. The correspondent...
Kering Tumbles On Profit Warning As Gucci Revamp Stumbles
24.04.2024, 15:42 Uhr. ZeroHedge News - https: - Kering Tumbles On Profit Warning As Gucci Revamp Stumbles Gucci owner Kering SA's problems in mainland China are only mounting as the French luxury giant issued a profit warning. As a result, shares of the company in Paris plunged to a six-year low. Lackluster Chinese demand for the luxury goods maker, which includes the Gucci, Balenciaga, Bottega...
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