In March 2022, long queues formed outside a small number of Swatch boutiques in cities such as New York, London, Paris, Tokyo, and Zurich. People were waiting, sometimes for hours, to buy a plastic-and-ceramic wristwatch called the MoonSwatch — a joint creation of Swatch and Omega, two brands that both belong to the Swatch Group. Within the first year, more than one million units were sold, far above the company's initial forecast, and management later noted that interest in

Few emotional forces have moved as quietly, and as powerfully, through modern markets as the feeling of being left behind. In everyday language we call it the #fear_of_missing_out, or #FoMO. It is the worry that other people are gaining something valuable, an opportunity, a profit, an experience, while we stay still. This feeling is old, but the digital world has made it louder. Through phones, social platforms, and constant updates, we can now see in real time what others ar