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Thread: Lumber

  1. #13

    Default Re: Lumber

    Makes sense. The closing high for the dollar was on Aug 19.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  3. #14

    Join Date
    Dec 2007
    Location
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    4,124

    Default Re: Lumber

    I've had some WY for awhile now, had to hang in through the big drop and back up again. dividends. Right wrong or indifferent-YMMV.
    "life can only be understood backwards, but it must be lived forwards" - soren kierkegaard

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  5. #15

    Join Date
    Sep 2006
    Location
    Upstate NY
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    Default Re: Lumber

    Good news on the inflation front.

    Lumber prices have fallen to their lowest level in more than two years, bringing two-by-fours back to what they cost before the pandemic building boom and pointing to a sharp slowdown in construction.

    Lumber futures ended Monday at $410.80 per thousand board feet, down about one-third from a year ago and more than 70% from their peak in March, when the Federal Reserve began raising interest rates to fight inflation.
    https://www.wsj.com/articles/lumber-...ls-11664239652

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