Vintage Card Performance During A Recession

[trdcrdkid]

Originally Posted by packs

Not really sure how anyone can deny the reality of what's coming for the economy. The economy is not a political entity and neither party needs to believe in it for it to be true. Economists are the ones predicting it, not political pundits.

Economists are notoriously poor at predicting recessions, basically no better than the ordinary man on the street. There will certainly be another recession in the U.S. at some point, but neither you nor I know when it will be, or how bad it will be.

[Peter_Spaeth]

Originally Posted by trdcrdkid

Economists are notoriously poor at predicting recessions, basically no better than the ordinary man on the street. There will certainly be another recession in the U.S. at some point, but neither you nor I know when it will be, or how bad it will be.

Nearly every day since after the bottom in 2009 I have seen some article online by one economist or another predicting imminent and catastrophic collapse of the markets and the economy. Indeed, many of them claimed it had already begun. They always identify the same reasons and present the same doomsday graphs showing supposedly infallible indicators.

[Leon]

+1
I see the same articles with all of the indicators yet no one can ever tell what the market is going to do. I am sure more than a few great investors have said as much. (The only thing for sure is nothing is for sure). That all said, it is more fun to collect cards than stocks....at least to me. A balance is always best.

Originally Posted by Peter_Spaeth

Nearly every day since after the bottom in 2009 I have seen some article online by one economist or another predicting imminent and catastrophic collapse of the markets and the economy. Indeed, many of them claimed it had already begun. They always identify the same reasons and present the same doomsday graphs showing supposedly infallible indicators.

[Santo10Fan]

Originally Posted by Leon

...That all said, it is more fun to collect cards than stocks....at least to me. A balance is always best.

I agree, I caught a little of the antiquing bug from my mother and hers. Is that one of the genes we can edit now? Can they keep the gene active and add the balancing part? I'm in!