MyNi_NotYourNi

MyNi_NotYourNi t1_j6by7o7 wrote

Lumber follows home construction, which hasn't really weakened that much. Not to mention, people still have jobs, and are earning more in nominal terms, and sometimes even real terms.

Some might even note that lumber is a leading indicator of economic expansion, which, in this case, would translate to ... inflation. Yup. That soft landing might be getting more unlikely now.

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