Rest of 2021

[Snapolit1]

Originally Posted by Exhibitman

Well we have the lesson of 2008-2010. If you had to sell 2005-2007 purchases in the recession you took a beating. If you held onto your good cards you enjoyed a strong run-up. If you were able to buy during that down period you really did well. No reason to think that the pattern won't repeat itself during the next recession.

I’m no economist by a long shot, and am decidedly not trying to pick a partisan fight with anyone or goad someone into some political crap, but is it possible with the degree of control the government is ready willing and able to deploy now to stabilize the markets and the dollar that we will never again have a severe recession like some of us have experienced in our lifetime?

[Exhibitman]

Originally Posted by Snapolit1

I’m no economist by a long shot, and am decidedly not trying to pick a partisan fight with anyone or goad someone into some political crap, but is it possible with the degree of control the government is ready willing and able to deploy now to stabilize the markets and the dollar that we will never again have a severe recession like some of us have experienced in our lifetime?

That's what Alan Greenspan said, more or less.

Nope.

Thing you gotta remember is that no matter how foolproof something is, fools are ingenious creatures.

[Seven]

If there's anything I've learned from the past couple of years is that this market is impossible to predict.

I think we've seen some leveling out as other posters have pointed out. The Gold Standard of Pre and Post War however, are remaining strong. I do not know what the future brings, but will be monitoring things closely going forward.

For the Ruth's, Gehrigs, Cobbs and Mantle's of the world, I don't think we're going to see significant regression, they might dip ever so slightly, but nothing like the prepandemic levels. I'm just spitballing here, like I said this market is downright impossible to predict.

[mrreality68]

Originally Posted by Seven

If there's anything I've learned from the past couple of years is that this market is impossible to predict.

I think we've seen some leveling out as other posters have pointed out. The Gold Standard of Pre and Post War however, are remaining strong. I do not know what the future brings, but will be monitoring things closely going forward.

For the Ruth's, Gehrigs, Cobbs and Mantle's of the world, I don't think we're going to see significant regression, they might dip ever so slightly, but nothing like the prepandemic levels. I'm just spitballing here, like I said this market is downright impossible to predict.

+1 Agree but

I would also add Wagner and Jackson to that list

[GasHouseGang]

Originally Posted by Exhibitman

That's what Alan Greenspan said, more or less.

Nope.

Thing you gotta remember is that no matter how foolproof something is, fools are ingenious creatures.

You said it brother!

[dealme]

Originally Posted by GasHouseGang

You said it brother!

This falls in line with trying to idiot-proof something. Every time one tries to, they build a better idiot.

[Kutcher55]

One set that has seemed to keep going up, even as much of the market experienced a decline between February and now, is 1941 Play Ball. There's just not that much good inventory out there to be found. I think the flagship Dimaggio card might have softened a tiny bit over this time frame. For several months earlier this year the card was next to impossible to find in low grade. Then a few ok examples popped up, but for the most part the card is steady. A lot of the other play ball continues to go up.

None of it is excessively scarce per se, but it sure as he11 is scarce compared to any non-niche issue from 1950 and later.

[jchcollins]

I would guess it remains a moderate sellers market for the next few years, although not with the absurdity heights seen in 2020. As someone who collects mostly midgrade postwar, I would like to see some things there get reasonable again as a buyer. It seems like a lot of 1960's raw stars that used to go for $25 or so before the pandemic got up to like $60 cards in the last few years, and that to me felt unreasonable.

As far as my PC, I would agree with a lot of what's been said earlier - I'm in no hurry to move my "big" (such that they are...) cards right now.

[Yoda]

I wonder, despite the effectiveness of the vaccine, what will be the impact on card prices, if any, with the resurgence of Covid.

[Exhibitman]

Originally Posted by dealme

This falls in line with trying to idiot-proof something. Every time one tries to, they build a better idiot.

I always used to say in regard to my first secretary that there was a village somewhere missing a pretty good idiot. I had a Federal court filing on deadline and I found her at 1:00 making file copies of the motion instead of getting the filing itself ready and on the way to court, which closed at 4:00. I had steam coming out of my ears. When I complained to my then-boss he told me that they knew she was incompetent but that she'd been there for so long that they felt they could not fire her without getting sued for age discrimination (she was in her sixties and close to retirement), so they just passed her along to each new attorney until there was an incident like mine, and she would go on to wreck the mental health and blood pressure of another baby lawyer. Since I could not fire her I turned to telling her exactly what I thought of her performance instead. Probably why the staff nicknamed me "the meanest man in the office."

[ajjohnsonsoxfan]

I'm hoping I can retire when I sell this one...

[mrreality68]

Originally Posted by ajjohnsonsoxfan

I'm hoping I can retire when I sell this one...

Actually that is pretty sharp looking.

Would have made a nice Ruth CJ Card

[todeen]

Originally Posted by Snapolit1

I’m no economist by a long shot, and am decidedly not trying to pick a partisan fight with anyone or goad someone into some political crap, but is it possible with the degree of control the government is ready willing and able to deploy now to stabilize the markets and the dollar that we will never again have a severe recession like some of us have experienced in our lifetime?

Economics are political. Anything's possible when two sides aren't willing to compromise. Infrastructure is a bipartisan issue that neither party is willing support. Trump wanted an infrastructure package but didn't get it. If infrastructure falls apart, like it currently is with continued increasing bridge collapses and etc, anything can happen. Many poor countries are poor simply because their govt won't/can't invest in building.

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[BobbyStrawberry]

Originally Posted by todeen

Infrastructure is a bipartisan issue that neither party is willing support.

This is completely false. Perhaps you missed this?
https://apnews.com/article/joe-biden...6eedf6608c4c70

[todeen]

Originally Posted by BobbyStrawberry

This is completely false. Perhaps you missed this?

https://apnews.com/article/joe-biden...6eedf6608c4c70

You'll have to forgive me, I'm a cynic. I know about the trillion dollar bipartisan deal. But it's also currently stuck behind Democrat maneuvering (I'm a purple Democrat). Trump wanted an infrastructure deal, too, but couldn't get one pushed through. Plus, 1 trillion is less than is needed to fix and update ALL the problems that already exist. I'll say congrats once it's a signed bill on the president's desk.

I know I'm not in the majority on this, but "the greatest generation" helped create a strong US after WWII by paying high taxes that invested in American infrastructure, especially Eisenhower's highway system and a standing military.

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[nineunder71]

Please read the Rules

Politics are not to be discussed here

Thanks

[Leon]

Originally Posted by todeen

You'll have to forgive me, I'm a cynic. I know about the trillion dollar bipartisan deal. But it's also currently stuck behind Democrat maneuvering (I'm a purple Democrat). Trump wanted an infrastructure deal, too, but couldn't get one pushed through. Plus, 1 trillion is less than is needed to fix and update ALL the problems that already exist. I'll say congrats once it's a signed bill on the president's desk.

I know I'm not in the majority on this, but "the greatest generation" helped create a strong US after WWII by paying high taxes that invested in American infrastructure, especially Eisenhower's highway system and a standing military.

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Please don't talk politics whatsoever on the forum. Thanks

.