Stagnant imo.
I do see a small rebound in singles of desirable HOF type players. However, I can't see that outstripping inflation for the foreseeable future. You'd probably be better off buying BTC than Jordan, Mantle, Brady, etc.
I agree with Lou that baseball is the healthiest. And it should be as it has the biggest pool of relevant players( having Shohei doesn't hurt either). Soccer has the potential to be the biggest in that sense but that is decades away imo. Right now, like everything else, they are printing it to death relative to demand.
The main driving factor in the market being flat imo is an uncertain economic outlook and people getting smarter about what they are buying. Overprinting and way too much breaking is going to ensure stagnation for many years.
There is something amiss when modern singles are dirt cheap relative to the cost of a box. That tells you that breaking is propping up wax prices. It will be interesting to see how Fanatics deals with breaking. You could have a whole discussion just on that topic.
What needs to happen for the market to rebound? Russia/Ukraine war needs to stop, China has to democratise, or at the very least become less authoritarian and less threatening... and of course Geoff Wilson needs to go.
