Swiss watch exports just posted a solid turnaround in November. The year-over-year growth came in at 7.3%, a sharp reversal from the previous month's -4.4% contraction. This rebound signals improving demand in luxury goods and signals broader economic recovery momentum. When traditional markets show strength like this, it often reflects consumer confidence and purchasing power—factors that historically correlate with risk-on sentiment across asset classes. Worth monitoring as macro data continues to reshape market dynamics.