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by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef’s website) The price of lumber experienced a steep rise since the depths of the Great Recession and was particularly strong through most of 2017 and … Read more
by WARREN MOSLER This has been know to be associated with the housing cycle: Framing Lumber Prices Down 30% Year-over-year This has taken a dive recently: Global economy enters … Read more
by Tom McClellan For years the price of lumber futures has been a pretty good leading indicator for a variety of economic data, especially the series related to the housing market. … Read more
by Michael Snyder Oil, copper and lumber are all telling us the exact same thing, and it isn’t good news for the global economy. When economic activity is booming, demand … Read more
via Martin Pring Nonfarm payrolls are an economic series that is widely followed by the investment community. However, it’s a coincident indicator, meaning it tells you what is going on now, not … Read more
by Tom McClellan For a few years now, I have been employing lumber prices as a leading indicator for what the homebuilding sector of the stock market would do, and it … Read more
BY SRSROCCO As the price of lumber reaches an all-time record high, investors better take this as another warning that the market is in a massive bubble. However, a large … Read more