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Posted

It will have a negative impact! On all things. Essential and fixed costs spending will be given first priority. Then discretionary will be evaluated.  If prices need to come down, then they will. We will all need to adjust to the new reality. 

Posted

Market corrections:

2008 Financial Crisis: The S&P 500 fell over 50%, but by 2013, it had fully recovered and surged to record highs.

2020 Pandemic Crash: The Market dropped 34% in 33 days but rallied and hit new highs by summer 2020.

2022 Inflation Shock: Due to Fed policy shifts, markets declined 19.4% but rebounded in 2023.

The market declines today aren’t even close to those recent downturns.

Posted

I never even check these things, but I happened to see my IRA total on Friday (because I had to add money before tax day)- it had decreased 10% in a few days! While I was initially upset, I quickly realized that it was actually a good time to add money, so less money now will mean more in the future!

Regarding the topic at hand, I can’t afford it to begin with (I just spend it anyway), so it will not impact my spending on providers at all.

Posted (edited)
2 hours ago, Peter Eater said:

this ain’t hardly “a market correction.”

Perhaps not. But as of today, it still is. We were slightly below 5000 in May of 2024.  

The market spiked (unreasonably) after the election.

We are slightly below 5000 as of my writing.

So as of today, I still view this as a correction. So do the investment experts who I follow.

Let's see what the rest of the week brings.  

For my part, I see buying opportunity and a decrease in the prime rate would definitely make me a happy man. Rates have been way too high for way too long.

I have no reason to change my budget for massage services or anything else at this point.

Edited by pubic_assistance
added thought
Posted (edited)

This isn't a normal correction. These sell-offs result from a policy instituted only twice before in our country's history. Both times, it led to not recessions but depressions. Sure, some folks will pick up more stock at a cheaper price, but the long-term implications are terrible. 

If those implications are realized, the ecosystem of providers and clients could be upended. It seems the primary cohort hiring are Gen Xers and Boomers, who are retiring or coming to that in the next 10 years. That may lead to less hiring. It may also see young people graduating into a recession or unable to attend college, turning to sex work which could flood the market. It's hard to know how people will react. 

NAM.ORG

The U.S. stock market saw its worst day yesterday since the early days of the pandemic, following President...

 

Edited by BrooklynIrish
Posted
2 hours ago, BrooklynIrish said:

This isn't a normal correction. These sell-offs result from a policy instituted only twice before in our country's history. Both times, it led to not recessions but depressions. Sure, some folks will pick up more stock at a cheaper price, but the long-term implications are terrible. 

NAM.ORG

The U.S. stock market saw its worst day yesterday since the early days of the pandemic, following President...

 

I don't see where this article mentions male escorts or massuers 

Posted

I’ve had a guy I’ve seen a few times take a lot of interest in hooking up again.  His day job has been cutting back on hours.  

While my accounts still indicate that I’m 99% on course for retirement.  It still bothers me, and I cut back.

Albeit my current solution is to let a provider stay with me.  Lunch was nice. 

 

Posted
5 hours ago, BrooklynIrish said:

If those implications are realized, the ecosystem of providers and clients could be upended. It seems the primary cohort hiring are Gen Xers and Boomers, who are retiring or coming to that in the next 10 years. That may lead to less hiring. It may also see young people graduating into a recession or unable to attend college, turning to sex work which could flood the market. It's hard to know how people will react. 

Nice!  Sounds like a buyer's market for escorts and massuers will be upon us.  Back to stable rates and a wider variety of home-grown men from which to choose. 🥳 

Posted

So far I haven't seen any discounts announced in ads, like during the pandemic.

But yes. If you have the cash, there may be many advantages. Unlike the pandemic, there's no fear to meet. Unlike a regular recession, this one might last awhile.

Posted

The stock market issue has created issues,  but maybe not in the way most here think.    It is taking me away from as much time with escort clients.  My time and attention has had to be elsewhere,  although I haven't noticed any less bookings on the escort side.   It is definitely a topic of discussion even with my escort clientele.   It can be challenging to discuss without politics and that... isn't a very good thing ,  just as on here site!

Posted

There is one masseur in my area I've had my eye on since he started advertising earlier this year (newly relocated here, I believe). His rates seem reasonable, but I haven't been in the mood to hire since early February. I noticed this evening he has edited his ad since this morning, which now says he's offering 20% off all appointments for new clients April 14 - April 20. I may take him up on his offer, as his location is convenient to my location. 

So either he's trying to establish himself in this area after being here for four months, or the crash last week has cleared his calendar for this week. Or both. 

Posted (edited)

OK...so an observation from today...my wife and kids were away for the day and I decided to browse Rent.men in case there was some new interesting talent in town.  Three of the profiles I looked at messaged me without me making any advances. And two providers who I had previously hired saw me online and also said hello. (I ended up making a visit to one of the repeats).

Maybe coincidence...but the communications were much more aggressive than I've ever experienced before. Sign of the times ?  I did well strategizing the market panic and walked away with some mad-money for the summer.

Edited by pubic_assistance
spelling
Posted
On 4/5/2025 at 5:58 PM, KensingtonHomo said:

 

Now, if you wanted someone to come over and put the Wolford's on so you could beg fuck them, I might do it for free. LOL 

Thank you for your most generous offer.  I will, of course, tip well.

Posted (edited)
On 4/13/2025 at 11:10 PM, pubic_assistance said:

OK...so an observation from today...my wife and kids were away for the day and I decided to browse Rent.men in case there was some new interesting talent in town.  Three of the profiles I looked at messaged me without me making any advances. And two providers who I had previously hired saw me online and also said hello. (I ended up making a visit to one of the repeats).

Maybe coincidence...but the communications were much more aggressive than I've ever experienced before. Sign of the times ?  I did well strategizing the market panic and walked away with some mad-money for the summer.

That is very similar to my own recent experiences in NYC,

Edited by BaronArtz
Posted
5 hours ago, Whippoorwill said:

Given the state of what's going on, it is leading me to hire more often, not less, for my mental health. 

When the pandemic just started, I felt the same. I hired x2 in a single week, something I never do. It was healthier and cheaper just to go to my rural Wisconsin place.

Posted

Interestingly, the guy I had my eye on who was offering 20% off massages this week, has a better offer as of today through the weekend. Now if you book a one hour massage, he will extend it to a 90 minute massage for the one-hour rate  (usually his 90 minutes is $75 more than a 60 minutes). I'm trying to make room in my very busy schedule for the rest of this week. 

Posted
On 4/5/2025 at 3:51 PM, DrownedBoy said:

I'm already starting to see an influx of new guys in my area, but in terms of quality, they don't stand out much

Same here, especially hot Latinos. Sadly, they rarely respond and then, the next day, they’re in Dallas or somewhere else.

Posted

My regular guy said he has noticed a significant drop in work the timing of which he mentioned has corresponded exactly with the onset of the new administration.  Without being political - I think the cause/effect is pretty clear. 

The current climate of instability/potential incoming recession hits providers first - they can be considered 'canaries in the coal mines' as it were.  It's a worrying sign for everyone. 

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