The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 25 December 2018, 11:45 AM   #31
TimeToWatch
Banned
 
Join Date: Dec 2013
Location: TRF
Watch: Rolex & AP
Posts: 1,757
Quote:
Originally Posted by Patton250 View Post
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.
TimeToWatch is offline   Reply With Quote
Old 25 December 2018, 11:47 AM   #32
Patton250
2024 Pledge Member
 
Patton250's Avatar
 
Join Date: Oct 2015
Real Name: Brett
Location: Florida
Watch: 5205R
Posts: 5,160
Quote:
Originally Posted by TimeToWatch View Post
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.
__________________
Morality does not derive from consensus. It only comes from one place.

Pride goes before destruction, and haughtiness before a fall.

Often times unbelief is disguised as wisdom

Instagram - patton250
Patton250 is offline   Reply With Quote
Old 25 December 2018, 11:49 AM   #33
TimeToWatch
Banned
 
Join Date: Dec 2013
Location: TRF
Watch: Rolex & AP
Posts: 1,757
Quote:
Originally Posted by Patton250 View Post
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
TimeToWatch is offline   Reply With Quote
Old 25 December 2018, 11:50 AM   #34
Patton250
2024 Pledge Member
 
Patton250's Avatar
 
Join Date: Oct 2015
Real Name: Brett
Location: Florida
Watch: 5205R
Posts: 5,160
Quote:
Originally Posted by TimeToWatch View Post
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.
__________________
Morality does not derive from consensus. It only comes from one place.

Pride goes before destruction, and haughtiness before a fall.

Often times unbelief is disguised as wisdom

Instagram - patton250
Patton250 is offline   Reply With Quote
Old 25 December 2018, 11:51 AM   #35
TimeToWatch
Banned
 
Join Date: Dec 2013
Location: TRF
Watch: Rolex & AP
Posts: 1,757
Quote:
Originally Posted by Patton250 View Post
Try watching TCM instead of MSNBC tonight. It will do your heart good.
Who said I watch MSNBC?
TimeToWatch is offline   Reply With Quote
Old 25 December 2018, 11:52 AM   #36
Patton250
2024 Pledge Member
 
Patton250's Avatar
 
Join Date: Oct 2015
Real Name: Brett
Location: Florida
Watch: 5205R
Posts: 5,160
Quote:
Originally Posted by TimeToWatch View Post
Who said I watch MSNBC?
The Bishops Wife is on. It’s wonderful. Merry Christmas.
__________________
Morality does not derive from consensus. It only comes from one place.

Pride goes before destruction, and haughtiness before a fall.

Often times unbelief is disguised as wisdom

Instagram - patton250
Patton250 is offline   Reply With Quote
Old 25 December 2018, 11:53 AM   #37
Greenwich Mean Time
"TRF" Member
 
Greenwich Mean Time's Avatar
 
Join Date: Dec 2015
Location: PNW
Watch: 116710LN
Posts: 467
IMO this is nothing more than a marketing scheme designed to get and sell your personal info to the highest bidder. No thanks!
__________________
116710LN Current
16610 Sold
1675 Gifted
Greenwich Mean Time is offline   Reply With Quote
Old 25 December 2018, 12:16 PM   #38
JacksonStone
Banned
 
Join Date: Jul 2011
Location: Oregon
Posts: 5,150
Quote:
Originally Posted by TswaneNguni View Post
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.
JacksonStone is offline   Reply With Quote
Old 25 December 2018, 12:17 PM   #39
Lol-x
Facilitator
 
Lol-x's Avatar
 
Join Date: Nov 2005
Real Name: Steve
Location: Omnipresent
Posts: 33,593
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.
__________________

Most folks are about as happy as they make up their minds to be. ~Abraham Lincoln
Nothing compares to the simple pleasure of a bike ride. ~John F. Kennedy

ROLEXploitation - yeah I'm a victim
Lol-x is offline   Reply With Quote
Old 25 December 2018, 12:49 PM   #40
Rocketman39
"TRF" Member
 
Join Date: Nov 2017
Location: Florida
Watch: 5513,Hulk,GMTII
Posts: 364
When on Fixed income, the down Market really hurts.
Rocketman39 is offline   Reply With Quote
Old 25 December 2018, 01:24 PM   #41
rollyp
"TRF" Member
 
Join Date: Jan 2015
Location: Wherever I am
Watch: where your hand is
Posts: 236
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!).
rollyp is offline   Reply With Quote
Old 25 December 2018, 02:19 PM   #42
xtra3cats
Banned
 
Join Date: Feb 2008
Location: United States
Posts: 931
Quote:
Originally Posted by Patton250 View Post
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
xtra3cats is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.