News

Advanced Search

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
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT...



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
Similar Articles
Rapaport Weekly Market Comment
Aug 17, 2017
Diamond trading slow ahead of Belgium and Israel dealers’ return from vacation next week (August...
Sothebys Sky Blue Diamond on handBlue Tops Fancy-Color Market
Aug 07, 2017
Prices of fancy blue diamonds performed better in the second quarter than the entire fancy-color market...
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2017 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.