Rolex Forums - Rolex Watch Forum - View Single Post - When do you think secondary market prices will bottom out?

johnliley · 20 January 2024, 04:46 AM

I don't think we are close to the bottom. The labor market as already intimated is far from really posting what is going on. Seasonal labor and second jobs skewing whats out there. Layoffs are coming and maybe "they" will let us know we are probably in a recession. The bets that the Fed were going to lower short term rates in March are a little muddled last 2 weeks and that will tell a lot. The 10 yr is up over 4% again. So in all that gobblygook there is a lot going on. Yes many YouTubers are quitting after covid and the insta crowd so yes personally I see more mov't down. But thats just me and what i look at. Daily

JL

20 January 2024, 04:46 AM	#14
johnliley 2024 Pledge Member Join Date: Jul 2006 Location: SLC, Utah USA Posts: 820	I don't think we are close to the bottom. The labor market as already intimated is far from really posting what is going on. Seasonal labor and second jobs skewing whats out there. Layoffs are coming and maybe "they" will let us know we are probably in a recession. The bets that the Fed were going to lower short term rates in March are a little muddled last 2 weeks and that will tell a lot. The 10 yr is up over 4% again. So in all that gobblygook there is a lot going on. Yes many YouTubers are quitting after covid and the insta crowd so yes personally I see more mov't down. But thats just me and what i look at. Daily JL __________________ "What you do or do not do in life will determine what you do or not do in life..." me.