Asset prices are reaching ‘stratospheric levels,’ and LVMH’s CEO expects a crisis soon
January 25, 2018 at 14:08 PM EST
The head of LVMH Moet Hennessy knows a thing or two about rich people — selling them Dom Pérignon champagne, Louis Vuitton handbags and Bulgari watches around the world. And after reporting record results, LVMH CEO Bernard Arnault is worried.