JOOPITER Head of Sales on Michael Jordan Jersey Auction
Original Report
Caitlin Donovan, the Global Head of Sales at JOOPITER, discusses the rapid growth of sports memorabilia as an alternative asset class, saying the category is one of the fastest-growing parts of the...
Caitlin Donovan, the Global Head of Sales at JOOPITER, discusses the rapid growth of sports memorabilia as an alternative asset class, saying the category is one of the fastest-growing parts of the collectibles market. JOOPITER, the digital auction house founded by Pharrell Williams in 2022, has put a game-worn Michael Jordan jersey from Game 3 of the 1998 NBA Finals on the market with an opening bid of $10 million. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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