Sadly it seems to be true. Heard it late last week from a coworker in a position to know.

“There are three of these things made in a year, and I’ve got the juice to get one of them” is. Zuck doesn’t care about a million dollar price tag, any more than I would care about a couple bucks.

Grand Seiko makes some truly beautiful watches, and also some terribly gaudy horrors.

The price isn’t keeping anyone at that level of wealth from buying a Nautilus or a Lange 1 or a panda Daytona. But they can still flex with ultralimited pieces like Zuck’s Greubel Forsey.

The point is that the market doesn’t move enough on the jobs data to trigger a circuit breaker, not that there’s a -20% move and it doesn’t trigger.