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World's Preeminent Luxury Shopping District - 5th and Madison Avenues - During the Economic Rec

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Lelzz
Lelzz
30 May 2021

An informal traipse down 5th Avenue and Madison Avenues in NYC amongst the highest end name brands in the world.
Let me know if you see a common and recurring theme. This is the trickle down theory about to happen, you just won't like what is trickling!
"According to the Spring 2021 edition of the IMF's Word Economic Outlook, the global economy is projected to expand at a rate of 6 percent in 2021, up from the 5.5 percent growth rate projected in January, due to the faster-than-expected recovery of advanced economies." May 7, 202
https://blogs.worldbank.org/de....velopmenttalk/uneven
I was bearish 5 months ago https://boombustblog.com/compo....nent/k2/item/187-fir
I was bearish on commercial real estate throughout the last 24 months https://boombustblog.com/compo....nent/k2/item/179-rep

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