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News  ›  Benzinga

K-Shaped Economy Fuels Luxury Boom: 10 Stocks To Watch Now

Benzinga Logo Benzinga By Piero Cingari
K-Shaped Economy Fuels Luxury Boom: 10 Stocks To Watch Now

Despite weak consumer sentiment, luxury spending is rising in the U.S., driven by wealthy consumers, highlighting a growing economic divide where high-end discretionary spending remains strong while mass-market consumption weakens.

Insights
LVMUY   positive

Top holding in luxury ETF, benefiting from high-end consumer spending growth