Jan
4
Private Jet Indicator, from James Sogi
January 4, 2009 |
On the way to the beach this New Year weekend, there was row after row of big private jets, with a total of approximately 60, on the Kona Hawaii tarmac, the poor guys with the little jets parked in the dark at the edges. The overflow has to park on Maui. Helicopters ferried the private jet passengers to their homes at Kukio. I talked to a few high flying friends, and they are buying. The indicator did not work well last year, or maybe my count was bad, but there were fewer jets last year than this, and so I project a good year for 2009 overall. These guys are both smart and lucky to have private jets which are not cheap to own and run. I note a positive change in attitude after Christmas, an increase in traffic with lower gas, and increase in shoppers, travelers. This is born out in the Christmas rally and the New Years rally.
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Another good indicator is the number of reported muggings in NYC prior to the holiday season. That has to be adjusted for population growth.
Another good indicator is the number of people in state housing getting lead-pane glass to ameliorate their shabby property appearance.