Lumber has Entered a Bear Market

June 10, 2014
By Knowledge Leaders Team in Uncategorized

Lumber prices are now down nearly 21% from the December peak of $375/bft and are now trading at $297.6/btf. We’ve noted several times how lumber prices (a measure of the health of the US economy) have completely disconnected from stock prices, and today’s action confirms that continued disconnect. Lumber is also not suggesting a lot of upside for housing in the near term either.

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