Podcast: Overoptimistic Retail?

RAPAPORT... Early projections for the US holiday season are upbeat, but that sentiment hasn't filtered through to the rest of the diamond market, Rapaport's editorial team observed. "I was a bit surprised by the optimism," noted Senior Analyst Avi Krawitz, chatting with News Editor Joshua Freedman on the Rapaport Diamond Podcast. "The economic activity, [with] inflation, rising interest rates and volatile stock markets, [is] having an impact on sentiment and [potentially] on discretionary spending. So I think we've got to take these predictions in context and temper them a little bit."The episode also features Joshua and Avi's take on the high-end market, the growing importance of the GemGen??ve show, the lab-grown diamond segment, De Beers' negotiations with Botswana, and the recent Kimberley Process (KP) plenary meeting. Listen to the podcast here: