Lumber Prices Soaring Again
North American lumber prices are soaring to levels not seen in seven months
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See also $29 billion deposited to commercial banks in the last week (May 10th-17th). $1,006 billion in deposits has been pulled since the all time hit 4/13/22. Since the run picked up momentum 2/22/2023, $538 billion in deposits have been pulled. A transitory break before accelerating again?
When lumber prices fell, you should have knocked on wood. Now, they’re back up again.
h/t PANDEMIC OF THE VACCINATED