Page 20 - OCEAN BLUE - SPRING 2016
P. 20

FROM THE CHAIRMAN

                                  Investing

                              in the Luxury Market

                              A        s the entire world               He himself is the child of an
                                       becomes more and                 immigrant mother from Scotland and
                                       more fascinated with             his father was a first generation child
                                       the upcoming U.S.                of American immigrant parents from
                              presidential race I think it is time to   Germany. Whatever your political
                              remember that when the U.S. ballot        views are, his campaign slogan to
                              boxes close on November 8, 2016, no       “make America great again” is based in
                              matter who the new President elect        the desire to see America healthy and
                              might be that the world will still be     prosperous in the coming years... and
                              moving forward and the demand for         a strong and prosperous U.S. economy
                              luxury in every form will continue to     transpires into an enormous halo
                              be high. I believe that demand will       effect on the world economy.
                              be stronger than ever before. Perhaps     So I ask, could the U.S. possibly live
                              it will be spurred on by the ‘Trump       without its Mexican business and trade
                              Effect’. Controversial to say the least,  relations? Absolutely not. Mexico and
                              but no one can deny that the word         the U.S. are simply tied together and
                              Trump has long been associated with       are driven to get even closer as time
                              luxury.                                   goes by because of mutual financial
                                                                        economical needs.
                              Arguably the most talked about person     The OEC (The Observation of
                              this year, Donald Trump needs little      Economic Complexity) notes in 2013
                              introduction...TV reality show star       Mexico exported $379 billion USD,
                              and real estate developer are among       making it the 15th largest exporter in
                              his many known roles but he has now       the world, $269 billion of that destined
                              added the most shocking one, U.S.         for the U.S., and in the same year, $180
                              presidential candidate. Most agree        billion was imported to Mexico from
                              his candidacy has set the entire U.S.     the U.S.
                              election process on fire. His unfiltered
                              comments on immigration have
                              caused huge controversy in Mexico as
                              well as around the world.

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