Claymore/Robb Report Global Luxury Index ETF (ROB)
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loading ...Recent ROB Articles
- The Rules of the Game Have Changed
- Luxury: The Next Bubble To Pop
- Capture The Luxury Market With The Millionaire's ETF
- Are the Rich Really Getting Richer?
- Time May Be Right For The Luxury ETF
- Claymore/Robb Global Luxury Index ETF
- ETF Update: Tracking the Rich, Total ETF Assets, Good Diversifiers, Expensive ETFs
- Cost of Living Extremely Well Rises Twice As Quickly As CPI
- Claymore Targets Luxury Retail
- Retail and Consumer Goods & Services ETFs
- Full List of Articles »
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The Rules of the Game Have Changed [view article]
Thanks for helping jimmy understand the obvious. I fail to see how he interpreted year-over-year price comparisons as an apples to oranges comparison. It simply reflects the reality of a over extended system. ReplyThe Rules of the Game Have Changed [view article]
jimmy, how do you know only cheaper houses are selling? ahhh, because HALF ARE FORECLOSURES and we know they're concentrated in the lower end (aka subprime) market.I'd call that cold comfort indeed. Reply
The Rules of the Game Have Changed [view article]
YOU DON'T KNOW WHAT YOU'RE TALKING ABOUT."""&quo... home price in the San Francisco bay area fell from $655,000 in August 2007 to $447,000 last month.""&quo...
In 2007 a mix of houses sold, this year only the cheap houses are selling. You're comparing apples with oranges.
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Luxury: The Next Bubble To Pop [view article]
I agree--the uber-rich market is limited here in the US to the 50,000 or so you posit, and many uber-wannabes are getting hammered in this market.A recent piece in the WSJ on the Greenwich real estate market confirms this. And since this economic tsunami is centered within the banks and brokerages--two huge engines behind uber-wealth creation--it only stands to reason that these former masters of the universe are going down into the financial foxhole with the rest of us. Layoffs on Wall Street this year are in the tens of thousands, with no end in sight, and Mayor Bloomberg has already warned of tough days ahead for NYC as a result. Reply
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General Discussion on ROB
Is this a buy or a sell? ReplyCost of Living Extremely Well Rises Twice As Quickly As CPI [view article]
Could it be that there is some CPI multiplier at work to then generate the CLEWI. Seeing as how it takes many of the common mans working hours to make/manufacture/servi... these products. Is it a geometrical or inverse square relationship? I think this observation is hilarious, why you ask because I FEEL their pain, DEEPLY. ReplyClaymore Targets Luxury Retail [view article]
Can waves of nausea constitute a new Wave Theory? Reply