US Economic Outlook: Even Super Rich Pause Yacht Buying – Bloomberg
Boat and recreational vehicle sales, as well as dinners at pricey steakhouses and elective plastic surgery can be a good barometer of the economy and raise concern if they drop consistently, since they are highly discretionary, according to Michael Skordeles, head of U.S. macro strategy at SunTrust Banks Inc.
For elective plastic surgery, Scripps Green in La Jolla seems pretty awesome. Valets to park your car and all the nurses and doctors are model good looking, not that I have any personal experience with them. Ruth-Chris’s Steakhouse on Harbor Drive is pretty good, sometimes great, but the service is uneven. This I do have personal experience with. As to boats, a similar experience can be had by taking an ice cold shower while fully clothed and tearing up 100 dollar bills. In brief, kinda fun. That’s all for now.