Why Rolex will emerge unscathed from this downturn

[inadeje]

Originally Posted by RolexNewbie23

I'm about to purchase an entry level Rolex and I'm grateful to see this info!! Thanks for sharing!

Which are you looking at? No Rolex is entry level, they’re all timeless masterpieces in their own right.

Enjoy and let’s see it posted when get it

[Cauhauna]

Good write up, OP

You know what I’ve noticed since prices started declining a few weeks ago?

A lot fewer 2022 members posting in threads, and a lot more old members posting

Is the watch market hurting because stocks and crypto are down, and interest rates are up?
Are most of the new members that were posting here just speculators that are now no longer interested?

Interesting days ahead

[inadeje]

Originally Posted by Cauhauna

Good write up, OP

You know what I’ve noticed since prices started declining a few weeks ago?

A lot fewer 2022 members posting in threads, and a lot more old members posting

Is the watch market hurting because stocks and crypto are down, and interest rates are up?
Are most of the new members that were posting here just speculators that are now no longer interested?

Interesting days ahead

Thanks. Yes, I’ve noticed a distinct reduction in the speculative focused posts from new(ish) members. However, I’m not one to throw the baby out with the bath water, so I hope and feel that some of those with a new interest in the brand will become long term aficionados like ourselves. The old adage “any press is good press” applies to this flurry of interest in Rolex and mechanical watches.

[Fredrik]

Originally Posted by Cauhauna

Is the watch market hurting because stocks and crypto are down, and interest rates are up?

Shanghai has been in lockdown for a month now.

[28mm]

Just responding to the title " Why Rolex will emerge unscathed from this downturn "

I ask what downturn?

That prices have come down a little in the aftermarket?

Surely that's not a downturn or anything Rolex is even slightly concerned with.

I know you know that.

[inadeje]

Originally Posted by 28mm

Just responding to the title " Why Rolex will emerge unscathed from this downturn "

I ask what downturn?

That prices have come down a little in the aftermarket?

Surely that's not a downturn or anything Rolex is even slightly concerned with.

I know you know that.

I was referring to the fact that during economic downturns luxury brands are usually some of the first to suffer. My post attempted to outline why, in this upcoming downturn, I think that Rolex may actually be immune to the fallout, precisely for the reasons I endeavored to relay.

[28mm]

Originally Posted by inadeje

I was referring to the fact that during economic downturns luxury brands are usually some of the first to suffer. My post attempted to outline why, in this upcoming downturn, I think that Rolex may actually be immune to the fallout, precisely for the reasons I endeavored to relay.

I hear you and understand your outline but we've had an enormous run on many luxury goods, with prices raising at perhaps an unprecedented rate.

I'm surprised that anyone is surprised that prices don't rise and continue to rise as in a parabolic stock chart.

In short it's much ado about not so much as I see it at least.

In other words, I agree!

[ricardo-sf]

-- hard to really believe that a 20% loss on the market over 4 months is the same as a downturn.

-- its not that yet.

Hoping that this brings grey prices back in line with msrp is still wishful thinking.

Should the market stagnate at current levels for a few years, or even go further down nfor a few years, then yes. -- and we'd have got get down another 30-50% from current levels.

for now .. its business as usual.