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Old 25 December 2018, 11:45 AM   #31
TimeToWatch
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There are lots of other indications of the economy besides how the top .1% manipulate the stock market using the populations retirement money to futher enrich themselves. I wouldn’t let those few that really know what’s going on playing with your money get you too concerned. When they are ready the stock market will clime again.

It’s been since 2005 that I’ve seen the job market like this.
Yes, like rising interest rates, a global trade war, slowing global growth, crashing oil prices and a fed chair potentially on his way out... all pretty bearish if you ask me.
The stock market is a leading indicator as to the health of our economy and future corporate earnings. Whatever you say though... welcome to the bear market.
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Old 25 December 2018, 11:47 AM   #32
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Yes, like rising interest rates, a global trade war, slowing global growth, crashing oil prices and a fed chair potentially on his way out... all pretty bearish if you ask me.
The stock market is a leading indicator as to the health of our economy and future corporate earnings. Whatever you say though... welcome to the bear market.
Well let’s just keep that your little secret. Ok? At least for Christmas.
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Old 25 December 2018, 11:49 AM   #33
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Well let’s just keep that your little secret. Ok? At least for Christmas.
Secrets out of the bag unfortunately. I’m hiding out in treasuries and Rolexes
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Old 25 December 2018, 11:50 AM   #34
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Secrets out of the bag unfortunately. I’m hiding out in treasuries and Rolexes
Try watching TCM instead of MSNBC tonight. It will do your heart good.
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Old 25 December 2018, 11:51 AM   #35
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Try watching TCM instead of MSNBC tonight. It will do your heart good.
Who said I watch MSNBC?
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Old 25 December 2018, 11:52 AM   #36
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Who said I watch MSNBC?
The Bishops Wife is on. It’s wonderful. Merry Christmas.
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Old 25 December 2018, 11:53 AM   #37
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IMO this is nothing more than a marketing scheme designed to get and sell your personal info to the highest bidder. No thanks!
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Old 25 December 2018, 12:16 PM   #38
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Question : The recession of 2008,also called the great recession,how much did Rolex pricing drop at the AD ?
Second question: How much did pricing in the pre-owned market drop ?
MSRP actually went up every year - and sometimes twice a year - until 2012, but that was because China was booming. The aftermarket and gray market didn't look anything like what we're seeing now, and often were a source of discounts. That's because MSRP increases reflected market prices in Asia, and were actually out of step with Western economies. Supply was plentiful on most pieces (except the Daytona); combined with the escalating retail prices, there was no incentive for the gray market to charge above MSRP. When China cooled off in 2012, the West still hadn't caught up, and Rolex had outpriced themselves. Rolex didn't lower prices, but they haven't increased them across the board since that time. Now the situation has flipped: a booming global economy (up to now, at least), 2012 retail prices, and dwindling AD availability. That's the recipe for the high gray and aftermarket prices. Changing one or more of those variables would likely alter the outcome.
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Old 25 December 2018, 12:17 PM   #39
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Whatever may the the general trend in the watch market is not a true indicator about the market for Rolex. Rolex is a rule unto itself.
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Old 25 December 2018, 12:49 PM   #40
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When on Fixed income, the down Market really hurts.
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Old 25 December 2018, 01:24 PM   #41
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A huge part of the stock market gain was due to extremely low interest rates and a massive increase in the money supply. I'm pretty sure those two catalysts also fueled prices in many other classes including collectibles such as watches. Now that the liquidity is slowly being removed, prices are contracting. That will happen across the board, albeit less pronounced. As much as I'd like my 5711 to stay valued near $50K, it's probably not going to happen (unless they discontinue it!).
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Old 25 December 2018, 02:19 PM   #42
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There are lots of other indications of the economy besides how the top .1% manipulate the stock market using the populations retirement money to futher enrich themselves. I wouldn’t let those few that really know what’s going on playing with your money get you too concerned. When they are ready the stock market will clime again.

It’s been since 2005 that I’ve seen the job market like this.
W
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