Market cools after a year of meteoric growth
A snippet in the Wall Street Journal in the middle of last month pointed out that the Dow Jones Industrial Average began the new year by logging its worst

A snippet in the Wall Street Journal in the middle of last month pointed out that the Dow Jones Industrial Average began the new year by logging its worst 13 sessions ever. This eyebrow-raising item seemed incongruous against the backdrop of unusually high levels of activity in the pre-owned jet market, or perhaps the robust action is spillover from last year as deals in the pipeline are just now being completed.

Unlike last year, when almost anything late-model seemed to command ever increasing prices, or at the very least hold steady at high values, there is now a clear handful of models backing off from their highs, while others continue to maintain lofty perches.