Putt-Putt

Heard about deflation coming a couple of months ago. Boomerang effect of businesses overstocking for snap-back economy. Now bond market is predicting it they say. Not sure it will affect collector cars as much as commodities.

Optionman1

Governments will continue to provide stimulus and print $$$$, that's all they know. I don't see global deflation as an issue worth worrying about, though some individual commodities such as lumber are just reverting to the norm after bubble conditions. Look at a long term chart of the cost of shipping containers if you want to see something interesting.

GC996

Yeah, we are a long way from dis-inflation let alone de-flation. The global bond market is rotating out of lower yielding countries and credits into higher yielding ones. In this case, the US had some of the highest interest rates in the world after our bond market sell-off earlier this year.

The US inflation rate is now at 5% and bottlenecks in global supply chains will continue for awhile as long as the pandemic continues to spread throughout the emerging and frontier countries. Even Japan which is a developed country has less than 15% of its population vaccinated. Hence no spectators for the Olympics. All this would be deflationary if it wasn't for the massive $13 trillion in monetary stimulus and $7 trillion in fiscal stimulus around the world.

The genie is out of the bottle. Inflation is rising. Central banks will have to decide when they will taper and ultimately tighten rates to combat inflation. When they do, we will have a global problem on mass scale. But that's another story.

In the meantime, I will enjoy my 996 knowing that they aren't making any more.

GarrettSR5

You should have bought Apple stock in 1992 dude

Putt-Putt

I've been plenty succe$$ful, thanks.

brontosaurus

whoosh.

EVOMMM

Can we focus on the main topic this drift does nothing for the core 996 world

GC996

This is a long broad thread on "Prices Drifting Up".

What is it that you want to focus on?

EVOMMM

Maybe as the title states as why 996 prices drift instead of how well people did on the stock market or woulda shoulda coulda

Jedi Apprentice

agreed. I liked when this thread followed ridonkulous BaT cars/prices instead of op-eds on economics and ******* commenting on their success.

so to get back to the cars…how much is this 99 coupe closing for tomorrow.

https://bringatrailer.com/listing/19...-carrera-4-31/

GarrettSR5

It seems like you are upset you didn't buy Apple

GC996

😂

Optionman1

I agree, i started this thread to document actual transactions to dispel the then thought that stupid high prices were just one off events. Six months later the facts speak for themselves and we should get back to discussing the drift upwards in actual sales.

motoo344

I had to stop looking because all these high sale prices make me want to sell.

philbert996

I think the upward drift has stopped and prices have stabilized.

It will be interesting to see if they start a downward trend.