A lot of recent surges that make zero sense… that’s why it’s a sellers market… sell sell sell…
I’m staring to buy in on your theory the bubble is going to burst…especially with the latest on he unemployment debacle…
Dark days are ahead. I know so many who are looking for work now, even in the tech industry that is thriving by being able to work remotely…
I work in finance. There has never been more discretionary income floating around ever, in the history of our country, than there has been for the last 5 months.
There is no imminent downturn. Not even close. We have already seen the worst.
So all the businesses that have closed that will likely not reopen while this pandemic is not nearly over will just fire right back up sooner rather than later and everyone gets back to work… the 30+ million who are now jobless? Yeah, I wish I had your optimism… but unless the government keeps handing out money, it’s gonna get dark and take years to climb out. We have no seen the worse I think, it’s only the beginning. I hope I’m wrong as I’m usually on the… optimistic side of things but not so much nowadays currently…
Totally agree, we are at the cusp of all time highs in the S&P. Easily quadrupled my principle from swings alone since the lows. A lot of people don’t understand that the economy is not the market.
lol the wave of defaults coming are gonna be massive, mortgage , car payments, credit cards. that doesnt even include rental evictions.
We do need a good montage
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Exactly what you said, the government is just going to keep throwing money at this. They have no choice.
And for a lot of the unemployed, they’re getting, on average, about $800 a week in income with hardly any expenses due to their ability to defer their mortgage, car, and credit card payments.
And for the people who are still working, same thing, they too can defer the mortgage, car and credit card payments.
Like I said, there has never been more discretionary income floating around ever.
Don’t get me wrong, there will be some small businesses who parish, but it’s not going to be as bad as you’re thinking.
There will not be a wave. They learned from 2008. They won’t let it happen.
Deferments are the solution and are in full force.
payment are deferred, they still have to pay them at some point. and they wont have the money to do so
That’s not ‘renewed’ interest, imo. It is just an influx of newer buyers who don’t really know what ‘store variants’ are. They sound good because they are falsely advertised as ‘exclusive’ yet any shop can make as many as copies as they want, for whatever issues they can, and sell it wherever they want. None of those things are ‘exclusive’. And I believe you somewhat made Poyos point that store variants are turrible long term investments. Sure, you may be able to squeeze a quick buck by flipping them quickly, but, they really don’t have much of any track record for ever surpassing their open order counterparts in value, or holding much value at all.
I pay my mortgage with Donny Cates books you guys are using the wrong currency.
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They will permit deferments until things get under control. They have no choice.
The whole system collapses if they don’t and they know that.
https://www.bloomberg.com/news/articles/2020-08-07/survey-exposes-america-s-looming-rent-crisis
and the trump EO he signed for unemployment isnt legal, so people are not getting anything extra at this time.
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Trust me, there is no way a Federal Eviction and Foreclosure moratorium doesn’t get implemented. Same for renewing the enhanced unemployment. Talk about political suicide for any politician who opposes that.
Plus, many local governments have these moratoriums already in place.
I buy and sell all my books with fun money, never touching my actual income 
Nice buy! Those have been hitting a few hundred lately!
You can’t take a 9.8 CGC SS and use that as the standard. Most store variants are not 9.8 CGC SS.