An early Chinese New Year spending spree will kick-start a year of growth for the country’s luxury goods makers, supported by domestic expansion and overseas acquisitions.

An early Chinese New Year spending spree will kick-start a year of growth for the country’s luxury goods makers, supported by domestic expansion and overseas acquisitions.

An early Chinese New Year spending spree will kick-start a year of growth for the country’s luxury goods makers, supported by domestic expansion and overseas acquisitions.

Low expectations can sometimes be very beneficial for near-term stock performance as has been the case for US industrial stocks so far this year.

Low expectations can sometimes be very beneficial for near-term stock performance as has been the case for US industrial stocks so far this year.

The S&P equity risk premium (ERP; see black line below) widened swiftly from 3¾% to 4¾% in 4Q18.

The S&P equity risk premium (ERP; see black line below) widened swiftly from 3¾% to 4¾% in 4Q18.

Simone Reinhold (53), until now Managing Director of Group Marketing, leaves the company after 25 years.

Low expectations can sometimes be very beneficial for near-term stock performance as has been the case for US industrial stocks so far this year.

The S&P equity risk premium (ERP; see black line below) widened swiftly from 3¾% to 4¾% in 4Q18.