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re: Will lumber prices go down by years end?

Posted on 5/17/21 at 10:54 am to
Posted by bbvdd
Memphis, TN
Member since Jun 2009
25071 posts
Posted on 5/17/21 at 10:54 am to
quote:

Rates are going to have an impact, so if we see a pretty good rate hike by year’s end, something will give.


If there is one it will be very late in the year but I wouldn't count on it.

Maybe if the fed would stop buying 20-30bn weekly in MBS and Treasuries.
Posted by SlidellCajun
Slidell la
Member since May 2019
10503 posts
Posted on 5/17/21 at 11:19 am to
quote:

Maybe if the fed would stop buying 20-30bn weekly in MBS and Treasuries.


Icymi, congress is looking to put the clamps down on the lumber shortage by lowering tariffs on Canadian lumber and maybe even looking into collusion amongst the US mills

This post was edited on 5/17/21 at 1:31 pm
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