Will this stock market madness affect cards?

[Dpeck100]

Cards just keep ripping higher.

Explosive results in so many genres.

I like it!

[jhs5120]

Trump calls for USPS rates to quadruple in exchange for loan:
https://www.businessinsider.com/trum...-report-2020-4

I'm not sure the card market would survive $6-10 shipping costs.

[MULLINS5]

Originally Posted by jhs5120

Trump calls for USPS rates to quadruple in exchange for loan:
https://www.businessinsider.com/trum...-report-2020-4

I'm not sure the card market would survive $6-10 shipping costs.

There's a reason FedEx and UPS don't touch First Class service - it's a loss.

In order to be profitable, or even just break even, USPS needs to increase their First Class Package rates. This would also mean an increase in Priority Mail services.

Once that is done FedEx and UPS will raise their rates, too.

As for the card market, I think an increase in shipping will actually increase sales as buyers will be more likely to add more to their order to help justify the rates.

[Chuck9788]

The customer service (almost universally) with the post office is incredibly slow and poor. This is a core reason why the post office is in such massive debt. The president doesn't want to continue to bail them out and I agree. All mail should be handled by private entities. The post office should be something of the past, we should just let it die off organically.

[packs]

My portfolio has never been worth more. I left my money in and fed my account the whole pandemic and I'm sky high as a result. If I'd listened to everyone panicking and pulled my money out on March I'd want to cry.

[nolemmings]

Originally Posted by Chuck9788

The customer service (almost universally) with the post office is incredibly slow and poor. This is a core reason why the post office is in such massive debt. The president doesn't want to continue to bail them out and I agree. All mail should be handled by private entities. The post office should be something of the past, we should just let it die off organically.

My postal service experience has been by and large pretty good, covering several post offices over the years. A core reason the postal service is operating at a large deficit is that it was ordered by Congress in 2006 to pre-pay much of its retirement benefits owed to its carriers/workers for 75 years beginning 2006--an onus faced by very few (read none) businesses. Prior to that date it was operating at a profit. Oh, and the 2006 law also prevented the Postal Service from offering most non-postal services--we wouldn't want them trying to get innovative or competitive with our corporate big business friends.

The Internet, with email, phone texts and online payments has of course greatly reduced the amount of mail that once generated revenue for the USPS. It is also arguable that it could extract more from Amazon and similar online retailers by negotiating more favorable terms--although the current ones are not necessarily so burdensome to USPS as they are advantageous for the private companies. But no, I really doubt you want to see privatization of the mail service. The costs associated with starting and maintaining a carrier service of that scale, and of course you expect nothing but top notch customer service, would drive the prices way out of proportion. As for our beloved hobby, you now and always have had the option of sending your cards by USPS, Fed Ex or similar courier. The many threads I've read here over the years tells me that those options are not always foolproof either.

[conor912]

Originally Posted by jhs5120

I'm not sure the card market would survive $6-10 shipping costs.

I feel like that’s what I’m already paying more times than not....

[Shoeless Moe]

I rarely watch CNN but watched Anderson Cooper, Chris Cuomo and Don Lemon, and not one of the 3 tonight said protesters should go home at the curfew.

Very interesting how they are fine with the protesters breaking the law.

If the protesters obeyed the law and went home then the police could focus on the looters and arsonists,etc.

So bottom line is these protesters are just as much the problem, and CNN being silent, are as some would say are complicit.

You want to protest during the day fine, but after curfew sorry that's breaking the law. Just a matter of time before they get hurt and then they'll be crying, and CNN will say hey they are just peaceful protesters. No they are not.

Back on Trumps side, once again he doesn't put it eloquently to say the least, but bring in the army.......or this is just going to continue night after night.

And CNN thanks for fueling the fire. Be proud of yourselves.

[1952boyntoncollector]

Originally Posted by Shoeless Moe

I rarely watch CNN but watched Anderson Cooper, Chris Cuomo and Don Lemon, and not one of the 3 tonight said protesters should go home at the curfew.

Very interesting how they are fine with the protesters breaking the law.

If the protesters obeyed the law and went home then the police could focus on the looters and arsonists,etc.

So bottom line is these protesters are just as much the problem, and CNN being silent, are as some would say are complicit.

You want to protest during the day fine, but after curfew sorry that's breaking the law. Just a matter of time before they get hurt and then they'll be crying, and CNN will say hey they are just peaceful protesters. No they are not.

Back on Trumps side, once again he doesn't put it eloquently to say the least, but bring in the army.......or this is just going to continue night after night.

And CNN thanks for fueling the fire. Be proud of yourselves.

i would think if i am the organizer of a protest and i know that many looters and rioters are using my cause to wreck my community i would take countermeasures like going home by curfew. Not that hard to do and message is known. The protesters are being used and they are complicit in it for some reason.

I remember in the old days there would be protests after an officer is found not guilty or charges dropped. Not after an arrest. Not saying right or wrong . protests are always allowed.

I also wish these networks would show the faces of these shop owners and workers that lost their jobs due to the riots. communities should ban together not just to protest but to protect their community.

[Republicaninmass]

If you mean hyper inflated prices being sold by veterans and bought up by new blood, more than likely trying to exit quickly and higher, yea it will affect cards!

[packs]

Not sure the protests are affecting the market.