Not necessarily, Alan, they could just be on the tail end of a
recession turning into a depression...
But that's just the glass 'half-full' perspective...
Patrick
On Mar 29, 2008, at 10:01 AM, Alan Heimann wrote:
colin i guess then it's reasonable to say that by the time people
have declared that we are officially in a recession we are already
starting to come out of it.
-----MoPo List <mopo-l@LISTSERV.AMERICAN.EDU> wrote: -----
To: MoPo-L@LISTSERV.AMERICAN.EDU
From: CK MacLeod <[EMAIL PROTECTED]>
Sent by: MoPo List <mopo-l@LISTSERV.AMERICAN.EDU>
Date: 03/29/2008 01:55PM
Subject: Re: [MOPO] Economy Inflation Recession? How are Sellers
doing? HONESTLY!
For me, sales were pretty slow through most of the Winter, then
turned up significantly over the last month or so. On the other
hand, I have a small operation that is highly sensitive to the
buying decisions of just a few customers - so there's a lot of
randomness involved. I had expected continued improvement to non-
Americans taking advantage of the weak dollar, but, to my surprise,
most of the upturn was generated by domestic sales. It may have
been coincidence, but some of my best days coincided with big stock
market days associated with the recent aggressive moves by the
Fed. Another coincidence: Just before my little upturn, CNN was
rotating a report featuring some major collector-dealer (didn't
catch his name) talking up movie posters and comic books as an
alternative for investors burned by real estate and stocks!
As for the larger question, usually, by the time everyone is
talking about an economic crisis, by the time news outlets are
sponsoring special multi-part series on whatever's wrong, by the
time politicians are proposing massive and ill-conceived
interventions and those who refuse to do so are being chided for
heartlessness, by the time demagogues are drooling over their
electoral opportunities and viewing negative economic numbers with
thinly disguised glee, by the time small cap fund managers are
urging their clients to get into commodities, and by the time
warnings of truly dire events - Depression, Crash, etc. - are heard
in the land from eminent experts, the bad news is already in. If
you're a speculator, it's usually a good time to buy.
Usually.
Colin
CK MacLeod Collectibles at ckmac.com
Kymar's on eBay
-----Original Message-----
From: MoPo List [mailto:[EMAIL PROTECTED] On Behalf Of
Saul H. Chapman, Ph.D
Sent: Saturday, March 29, 2008 03:34 AM
To: MoPo-L@LISTSERV.AMERICAN.EDU
Subject: [MOPO] Economy Inflation Recession? How are Sellers doing?
HONESTLY!
With all this talk (and reality) of economic woes and dire warnings
of inflation and recession (some of which we are beginning to see
everyday), I'm curious whether this is impacting Sellers and more
specifically, are you seeing a drop in Buyers and Bidders? Any
thoughts on this? Seems to have been avoided as a topic and I'm
sure people are talking about it off-list (or certainly thinking
about it).
Thanks.
Saul
Visit the MoPo Mailing List Web Site at www.filmfan.com
___________________________________________________________________
How to UNSUBSCRIBE from the MoPo Mailing List Send a message
addressed to: [EMAIL PROTECTED] In the BODY of your
message type: SIGNOFF MOPO-L The author of this message is solely
responsible for its content.
Visit the MoPo Mailing List Web Site at www.filmfan.com
___________________________________________________________________
How to UNSUBSCRIBE from the MoPo Mailing List Send a message
addressed to: [EMAIL PROTECTED] In the BODY of your
message type: SIGNOFF MOPO-L The author of this message is solely
responsible for its content.
Visit the MoPo Mailing List Web Site at
www.filmfan.com_______________________________________________________
____________How to UNSUBSCRIBE from the MoPo Mailing ListSend a
message addressed to: [EMAIL PROTECTED] the BODY of
your message type: SIGNOFF MOPO-LThe author of this message is
solely responsible for its content.
Visit the MoPo Mailing List Web Site at www.filmfan.com
___________________________________________________________________
How to UNSUBSCRIBE from the MoPo Mailing List
Send a message addressed to: [EMAIL PROTECTED]
In the BODY of your message type: SIGNOFF MOPO-L
The author of this message is solely responsible for its content.
