There are as many books as there are opinions on this topic. One way to look at this question is to look at industries and areas that are doing something right. So why look at Luxury as a proxy? Firstly, let’s establish that luxury as whole is an industry that is doing tremendously well in a still flaky economic environment. A favorite chart of mine is the S&P Global Luxury (blue line) Index compared to S&P 500: Five years of growth and ‘outperformance’ ... Read More