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re: Housing starts grow at fastest pace since July 2007 (but lumber!!!?!?)
Posted on 6/19/18 at 11:47 am to buckeye_vol
Posted on 6/19/18 at 11:47 am to buckeye_vol
quote:
Maybe I'm wrong, but it seems like the timeline from extraction to consumption is a lot faster for oil than it is for lumber.
This. Plus there is a exchange traded global market for oil. I do not believe this exists for lumber.
I would also guess the dollar spent on oil is several OMs of lumber.
1
Posted on 6/19/18 at 11:51 am to brian_wilson
Believe? You believed wrong.
Guess? You do that a lot.
Throw out potential next time for the trifecta.
Guess? You do that a lot.
Throw out potential next time for the trifecta.
This post was edited on 6/19/18 at 11:56 am
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