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I keep an eye on the annual Barrett-Jackson classic car auction (starts this week) to gauge things. Values got pretty stupid just before the crash in 2008 https
by centrinoblue 6y ago
I keep an eye on the annual Barrett-Jackson classic car auction (starts this week) to gauge things. Values got pretty stupid just before the crash in 2008 https://www.barrett-jackson.com/ https://www.barrett-jackson.com/
- Guest42 6y agoThat seems like a great leading indicator. For a while I’d follow a few levels of real estate but the activity has seemed pretty strange and not very aligned to many other trends. I think the very large apartment companies using fancy stat models for pricing that update almost daily have moved interestingly too in both directions.
- chrisfinne 6y agoThat is a clever indicator, although the muscle-car generation is passing on, so less demand. Similar to the Model A/Model T crowd 30 years ago. Another classic indicator is when your cab driver gives you stock tips. But I figure now it's Uber driver giving crypto tips.