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U.S. Trading is Stable Despite Mixed Economic Trends

Kaufman Observes a Resilient NY Diamond Marketplace

Jul 11, 2012 7:00 PM   By Rapaport News
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New York Diamond Dealers Club (DDC) president Reuven Kaufman discusses a range of global market conditions affecting trading activity in Manhattan, but none of these issues have caused panic among traders. Kaufman observed that, unlike the economic downturn of 2008, traders in general today are better equipped to weather smaller economic bumps. The U.S. market is relative stable and large retail chains are ordering goods, albeit cautiously. Additionally, Kaufman discusses initiatives underway at the club that are meant to improve business opportunities for its mdiamondsembers.
Tags: dealers club, diamond, kaufman, Rapaport News, trading
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