Wealth Effect & Porsche GT Prices
#1
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Wealth Effect & Porsche GT Prices
Only thing to note here is that by the time the popular media gets a hold of a theme it's usually closer to the end than the beginning.....
http://www.foxbusiness.com/features/2017/02/28/what-do-buy-when-trump-wins-bentley.html
http://www.foxbusiness.com/features/2017/02/28/what-do-buy-when-trump-wins-bentley.html
#2
Only thing to note here is that by the time the popular media gets a hold of a theme it's usually closer to the end than the beginning.....
http://www.foxbusiness.com/features/...s-bentley.html
http://www.foxbusiness.com/features/...s-bentley.html
#4
I just hope there aren't morons who read those articles and think these 991 GT cars will become the next collector items or buy them at a premium only to attempt to flip them at a higher premium.
We need an article that says...."10% depreciation as soon as you drive off the lot on all GT cars" haha
We need an article that says...."10% depreciation as soon as you drive off the lot on all GT cars" haha
#6
Yup, having money has never guaranteed that you can't be a moron. I know it won't happen but I'd be nice if they left the GT3 to people who actually intended on owning and driving the car.
#7
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#8
I probably should be focusing on arbitrage rather than day dreaming about stuff...
#9
I've had day dreams where certain car manufacturers had a process where they chose who could buy their car and who couldn't. Similar to an entrance exam. Then again, I probably would fail as I want a GT3 mostly to spend 14 hours waxing it, then stare at it while drinking a Mac18. Hardly the market segment PAG wants.
I probably should be focusing on arbitrage rather than day dreaming about stuff...
I probably should be focusing on arbitrage rather than day dreaming about stuff...
#11
Let's all give thanks to Central Banks around the world for giving us this latest asset bubble. Now that they're out of bullets, we're left with massive uncertainty rather than just plain old assessable risk.
#12
Marketing creates demand for products we don't need but want and everyone needs more money to buy the products so we work harder at creating more demand with either more marketing or cheaper products: The viscous cycle of the consumer economy on a global scale.
#13
But this bubble has absolutely nothing to do with any of that and everything to do with Central Banks injecting capital in the system and keeping interest rates artificially low. There is little to nothing in the way of fundamentals driving this asset bubble. It's solely a function of cheap money. There's a huge global game of musical chairs going on and the only question is when is the music going to stop and how abrupt will it be.
#15
But this bubble has absolutely nothing to do with any of that and everything to do with Central Banks injecting capital in the system and keeping interest rates artificially low. There is little to nothing in the way of fundamentals driving this asset bubble. It's solely a function of cheap money. There's a huge global game of musical chairs going on and the only question is when is the music going to stop and how abrupt will it be.