Shopping for Sofas, Hot Tubs or Espresso Equipment? Have Patience.

Must read


Some of this, Mr. Duffy said, was the result of production delays. Switzerland was shut down for much of the spring. Areas of Rolex’s factories had to be evacuated during Covid outbreaks over the summer and fall. All the while, the stock market soared, leaving high-earning investors with huge amounts of disposable income.

Still, Paul Boutros, the head of Phillips Auction House’s U.S. watches division, doesn’t see the possible end of the pandemic as being likely to change things. “I’ll put it this way,” he said. “If you are a regular person trying to buy your first good watch and you choose a Rolex sport watch, a Patek Phillipe Nautilus or a Royal Oak from Audemars Piguet and want to buy it on the spot — I think those days are over.”

Currently, Mr. Boutros is waiting on something else: a $4,329 Bull barbecue grill that he ordered from an online dealer in early April and won’t be arriving until July, at the earliest.

And Neal Bascomb, the author of biographies on Henry Ford and Walter Chrysler, has seen the renovation of his Philadelphia home grind to a halt because of a spray foam shortage that’s hobbled scores of construction projects in the area.

“It seems like a rather odd thing to stop construction, but there you have it,” he said, going on to note similarities between consumption today and consumption during the Roaring Twenties.

Both then and now, he said, there was “a crazy stock market,” “easy access to credit,” “scores of new products,” a growing wealth gap and a charismatic and temperamental industrialist, who not only transformed the car business but also became, as a result, arguably the defining technologist of the era.


- Advertisement -

Amir Khan says he was escorted from US flight ‘for no reason’ | UK...

British boxer Amir Khan has said he was escorted from a flight in the US by police “for no reason”.The 34-year-old, who has...

Arts, music featured at Franklin Park event

Yaw Asamoah of Dublin was born in the West African nation of Ghana but has lived in central Ohio for 20 years.He retains a...

Amber list scrapped in England travel shake-up | News

Transport Secretary, Grant Shapps, has announced a simplified system for international travel from the UK. He argued the move was possible in light of...

Peter Williams, Who Painted the Black Experience, Dies at 69

Peter Williams, whose colorful paintings — sometimes humorous, sometimes disturbing, often both — reflected his own history, Black history and contemporary issues like...

More articles


Please enter your comment!
Please enter your name here

- Advertisement -

Latest article

Covid - 19

Covid Update