RAPAPORT… It’s time for optimistic dreams for the year ahead, reflection of the holiday period and tech trends that may influence the market, as the editorial team discusses a range of topics in episode 55 of the Rapaport Diamond Podcast.
The crew members consider how Covid-19 is impacting the market (again) at the start of the year and review some surprising trends they spotted during the festive season. They also clarify the mysterious world of non-fungible tokens (NFTs) and how diamonds and jewelry fit in.
Plus, News Editor Joshua Freedman puts his reputation on the line by stating very specific goals for 2022, while Editor in Chief Sonia Esther Soltani elegantly avoids such risky behavior and Senior Analyst Avi Krawitz already acknowledges the failure to achieve one of his.
Listen to the podcast here:
00:07 – Introduction, can we still say Happy New Year?
02:25 – Sonia, Joshua and Avi outline their new year resolutions.
06:04 – Joshua provides a summary of which industry events have been postponed due to Covid-19’s Omicron outbreak.
09:15 – Sonia points out there are more important events later in the year that will set the tone for the industry.
13:13 – The discussion shifts to what was hot in the holiday season.
19:23 – Joshua provides an update on the small-diamond market and what is driving demand for low-value stones.
25:00 – We pose the question: Will the market find a balance in 2022?
28:30 – Sonia takes us on a wild ride with diamond NFTs. Are they a fad or a tool to boost demand?
35:38 – The trio reveals their message — or watch list — for 2022.
This episode of the Rapaport Diamond Podcast is sponsored by De Beers Group Ignite: Pioneering a new diamond world through innovation.