Fed rate increase = lower hifi prices?

@soix ,

You have nothing to apologize for. If anything, hearing from you was educational and sobering.

All the best,
Nonoise

@deludedaudiophile hey, just as a rough idea and from a quick, off-the-cuff look, there might be some useful info from the real earnings yield. What I failed to realize initially, because I’m just not that smart, is that by using the real earnings yield you are inherently taking into account market conditions — duh. It appears that when the real yield goes negative it might be a good sell signal, and when it climbs back to 3% or so it might be a good buy signal. Could be wrong, but it sure seems like something worth looking into. The biggest problem is you’re beholden to current earnings estimates (or next year’s estimate if you’re using forward earnings), so any earnings revisions could lead to false buy/sell signals. Such is investing. Anyway, thanks for making me think. BTW, as a coincidence I used to work directly with Ed Yardeni — he was our economist when I was market strategist at Deutsche Bank.

I wanted to revive this thread,  I traded my CJ Classic 2se toward a DAC.  The dealer had it on his site by the time I got home.   I clicked on the ad this morning, less than 24 hours later and it was gone .   I clicked on several other items I saw in store yesterday and there were gone too.   They got $250 more than what I was trying to sell it for locally and gave me all the money for it.   Just shows that some brands retain decent value used.   

@soix excellent points. You make far more sense and have much better logic than the talking heads on the financial/business news - and most all on the Street. Please feel free to update on your economic insights and analyses as you see fit.