Quote:
Originally Posted by Republicaninmass
Ryan, as well as Jamie (blunder) selling off, the precipice is very close now
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That's an inductive leap. People sell for various reasons: personal finances, desire to do something else with the money, moving, etc. You cannot make macro conclusions from micro actions of a few people.
Vintage card prices have been declining (gasp) for a while now, but there are no 'precipices', just a normal correction off of some crazy market highs.
If you want to predict that the sky is falling, you are probably right...eventually. Most leading economists have successfully predicted nine of the last five recessions.