Quote:
Originally Posted by inadeje
The laws of economics tell us that the ADs will be the VERY LAST in the chain to feel the recession in the watch market. Why? Well, almost every watch is still x2 retail, even though the 3x retail at greys is dropping to 2x, and the 2x to 1.5x. Those that can get pieces from ADs can still make incredible profit. So scarcity of popular models at ADs will not change for a very long time. When you see say a sub at greys for 1k over retail, that’s when the ADs will start having watches, since the speculators won’t immobilize their money or waste time for such a paltry return.
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I agree with this. I do see ad as the last place to feel the correction. Watching for sale ads and seeing for the first time things I think are actually good deals. And then I go, “yeah, it’s still double msrp.” Ugh.