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Pre-owned watch dealers are keen to tell you that the fall in prices since the first quarter of last year has been a healthy correction that is great for the market and their businesses. Don't believe a word of it, argues Morgan Stanley.
Good morning! This week in the Saturday Extra: How we're starting to think about the impact of the tragedy in Oxford. Plus, a historical footnote on A. Alfred Taubman and his conviction 20 years ago in the Sotheby's/Christie's price-fixing scheme.
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