Holiday Industry News

“U.S. holiday season driving positive sentiment.  Trump-effect expected to boost jewelry demand as financial markets climb to record levels.  Fed interest rate hike signal improving economic outlook.  Chinese, Indian and Middle East markets cautious.  Polished diamond shortages expected in 1Q as Indian production declines due to government demonetization scheme.  De beers 2016 rough sales  +36% to $5.8B.”