Yet another asset that has gone waaaay up in value. Just another supply chain problem there Here4money? Where you see crude going in near term Suntrader?
I'm talking about the lumber folks who bought the peak near 1700 a month ago, and the gold folks who bought at 2000ish back in late summer 2020. Especially the GC folks, they have not fared well.
Uhh, this is old news. Also, this is not a very analytical take on the inflation situation. FYI, lumber futures are down 30% since their peak last month. Elevated lumber was driven by a big boost to demand (for housing) and supply shock caused by sawmill issues (shut down), tariffs on Canadian lumber, and a few other issues.