Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
How Stagflation Is Reshaping the Diamond Market
Episode 84 of Stagflation Conversations with Fexingo looks at an unexpected casualty of the current economic climate: the diamond market. With CPI at 334 and real GDP growth hovering around 2.1 percent, consumers are tightening discretionary spending. Lucas and Luna explore how lab-grown diamonds have captured 35 percent of the bridal market, forcing De Beers to slash prices on natural stones by over 40 percent in the past year. They also discuss why the resale value of mined diamonds has dropped sharply, turning a traditional store of value into a depreciating asset. Is the diamond industry…
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