[Robf52]

Originally Posted by Harry-57

I'm not remotely bothered about the fluctuating cost or value of luxury gods providing they are adequately insured, but since you seem to know about this area, and my curiosity is up, can you point me to a peer reviewed published paper which demonstrates this?

I think his point is that a bear market in stocks would result in a reduction in discretionary luxury brand spending. Don't think you need a peer reviewed paper to acknowledge that.