Quote:
Originally Posted by francoamerican
Markets aren't really down much (only down about 10% from peak 12/31/2021), I have a somewhat alternative investment heavy mix and i'm now even from the 12/31/2021 peak now - so i expect many others are too.
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depends on what you're in. blue chips and s&p? sure, likely down 10-15%. tech, startups and more risky assets like crypto which is what was funding watches and fueling the greys? a lot are still down 50-80%. tesla was down 75% just a month ago and amazon is still down 50%, so not sure you can say markets aren't down much. they're still down bad, the s&p just masks the damage because of the way it's weighed
for steel sports watches, there's just too much of a backlog of demand for them to go under retail still but for the PM pieces there's much less people that can afford them now given all the price increases and the fact that anyone using any sort of leverage has been wiped out last year