The only reason people are discussing a recession is that there are certain signs that have presaged past recessions that are beginning to show up now. This doesn't mean that there will definitely be one, and it doesn't tell us when it will occur. It merely means there are worrying signs out there so it is in everyone's best interest to pay attention.
As far as the future of the hobby, we can only guess. I think there will always be money available for the very rare and the highest graded cards. Where the hobby might have problems is that there will likely be fewer collectors piecing together 1958 Topps sets in VG-EX condition. That area of the hobby is likely to shrink over time.
Things are changing and I think baseball cards will head in the same direction as coins and stamps- collectors are getting older and for every young collector who comes in, two or three older ones will either drop out or die. That could be troublesome for the future of the hobby. But this is only a prediction, not a guarantee of what will happen.
Last edited by barrysloate; 08-22-2019 at 02:29 PM.
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