Tyler Durden of ZeroHedge examines an unusual set of data points for economic comparison — high end Swiss Watch exports — and finds an interesting correlation to the health of the global economy: Year-to-date data is a mirror of other economic indicators: the US is doing fine, Europe and China/Hong Kong less so.
Beyond the question, “Who needs a $3000 watch anyway?”, Durden’s findings are a unique glance at an often complicated landscape. Read it here.
