Market Intelligence

Interest rates, looming recession affect mid-market superyachts, not high end

> , By 2023-08-24T11:45:00

Henry Smith

Cecil Wright broker gives market update in latest Heesen YachtTalk session

Rising interest rates and a looming recession depress mid-market superyacht sales but do not affect the elite top end, says Henry Smith, a partner and sales broker at the boutique brokerage firm of Cecil Wright.

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