I thought I could use the pricing on secondary marketplace sites such as Grailed and StockX as an economic indicator. I was expecting quick and fairly extreme drops.

Surprising to me though, over the past month, prices haven't moved much.

Yeah lots of good thoughts on this thread. Why is this the case?

1) Liquidity flows when there is certainty around prices and trends. Right now when it isn't clear where pricing shakes out, it's harder for people to transact on both sides. This is proving out in real estate too

2) Pricing isn't automatically updated, so listed prices don't represent true price today. transactions actually have to happen

3) I have to imagine scarcity of supply makes an impact too. If you know you're not going to get that supply again easily, I think you hold onto it longer