Rising prices of luxury goods affecting wealthy consumers, WSJ reports These days wealthy consumers are rethinking how much they'll spend as the luxury-retail business expands into new markets and relies on price increases to fuel sales, reports the Wall Street Journal. The high-end brands say price increases are necessary to maintain quality and offset the rising production costs. Reference Link
Vanguard REIT ETF volatility at upper end of three-year range Vanguard REIT ETF overall option implied volatility of 18 compares to its 26-week average of 15 according to Track Data, suggesting large near term price movement.
SPDR S&P Oil and Gas Exploration and Production ETF volatility flat SPDR S&P Oil and Gas Exploration and Production ETF overall option implied volatility of 39 compares to its 26-week average of 38 according to Track Data, suggesting non-directional price movement as WIT oil is at a six-year low.