Headlines

Diamonds Fall to Last Place in Morgan Stanley’s “Commodity Preference” List

Published

8 years ago

July 5, 2016

INSTORE Staff

Smaller diamonds more susceptible to demand disruption, bank says.

Forbes writes that diamonds fell to last place in Morgan Stanley’s recently released “commodity preference” list, which author Tim Treadgold cites in a larger analysis of the challenges that the diamond industry is currently facing. The bank’s report, the article says, noted that smaller diamonds (less than 0.2 carats) “will be most susceptible to demand disruption.” But, Treadgold writes, “it’s the overall combination of factors that range from the rise of synthetic diamonds, to global economic uncertainty which is hurting all segments of the luxury goods market, to the more simple problem of excess production which has driven diamonds down the investment pecking order.”

Read more at Forbes

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”