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Holiday optimism
DESPITE INFLATION, INTEREST RATE HIKES AND WAR IN UKRAINE, U.S. ECONOMISTS OPTIMISTIC ABOUT UPCOMING HOLIDAY SEASON

One month after Labor Day, traditionally regarded the end of the summer hiatus, and the U.S. retail is already counting down to the holiday season, which will kick off with the Thanksgiving Day weekend at the end of November. While certain signs are ominous, like the still rampant rate of inflation and war clouds in Ukraine, the mood in the market is still relatively even.

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diamonds
IT MAY BE RAINING DIAMONDS A MERE 4.33 BILLION KILOMETERS AWAY

There has long been speculation among scientists about vast quantities of diamonds, or possibly even planets comprised almost entirely of diamonds, located outside of our solar system. A new study published in the academic journal, Science Advances, confirms it most probably is in fact closer to home, on Uranus or Neptune.

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GAME, SET AND MATCH: THE ROMANCE OF TENNIS AND DIAMONDS

The special relationship between tennis and diamond jewelry predates Serena Williams. Popular history says it started at the 1987 U.S. Open, when one the most celebrated women’s player at the time, Chris Evert, was remembered to have asked for a time out from officials during a game. But maybe it was before then.

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U.S. ECONOMY STILL PRESENTS A CONFUSING PICTURE, BUT DIAMOND AND JEWELRY SALES MAY BE COOLING

All eyes are generally focused on the U.S. economy, and especially those of those of the diamond industry, which makes more than half its sales each year, at least in terms of value, as the song says, from sea to shining sea. For many, this current year provides a confusing picture, in part because the economic data are a deceptive, and in part because its depends on who is interpreting them.

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