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Labeling the readers of Bloomberg Markets "elite" provides an echo of the long-running campaign for The Economist magazine, which portrays its readers as important, affluent and intelligent — an elite, if you will.
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In the months to come, one positive effect of the Trump rally if it sticks around will be a rise in all-important affluent confidence.
Equally or perhaps more important, the affluent dominate the small percentage of the electorate that makes campaign contributions.
Nevertheless, these are also what anthropologists call "threat gestures," instruments of consumption to assert that "We are so important and affluent that we can blow $1000 on a mid-field ticket and dozens of thousands to show up at the Super Bowl or Wimbledon".
It tells the world that they are important or affluent.
You might think that strengthening families trying to work their way out of poverty is more important than persuading affluent professionals not to live in sin.
For long, schools have been among the most important islands of the affluent.
But it has become an important marker of an affluent world city, argues Isabel Dedring, the deputy mayor for transport.
Ms. Leung also had a knack for finding the most important, and often most affluent, person in a crowd, several business and political associates said.
And there is another important point, often misunderstood: Affluent households will pay the new 39.6 percent rate only on income above $450,000.
"The older generation would have valued much more their interaction with their private banker, whereas nowadays execution speed and delivery through an online platform seems to be much more important to the newly affluent individuals," Mr. Brooks said.
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CEO of Professional Science Editing for Scientists @ prosciediting.com