Email of the day 2
Comment of the Day

March 21 2014

Commentary by David Fuller

Email of the day 2

On QE tapering:

“What is your view on this article that suggests that the tapering of QE is having and will have a negative effect on the purchases of luxury goods?”

David Fuller's view

QE tapering is already a convenient excuse for any slowdown but I think the article exaggerates any possible impact on luxury goods.  However, these shares became expensive in their own right and certainly relative to broader market indices.   

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