For the record, that was NOT me. LLG’s conclusion is that housing is near term OVER BUILT. Shortage of qualifiable buyers. Affordability is not a housing issue. It is a personal debt issue that gets exacerbated with lower interest rates. [email protected]
Social media is overloaded with useless noise. LLG, Lumber Market Forecast is wise counsel that proves its value weekly. Learn how the lumber market works while earning money to pay for membership. Send request to: FREE: LLG 2-Month Preview [email protected]. #M
@norris_ed Very good info. Long time https://t.co/d9APUUX7uW fan. Great tool to supplement trading decisions however seasonal patterns alone drawdowns can be sizeable when looking at historical performance.
@THELumberGuru@micheleshi Maybe we should get rid of all the tariffs and let consumers decide what they want. Seems like good 'ol USA fights to keep prices of goods higher for its citizens. One day we will may be paying lumber producers to not produce. Farm bill to lumber bill. #lumberbill#lumbertariff
Lumber's Next Cat 5 Crisis. Too much timber in the south. After decades of excellent private and federal forest management practices, there is now a glut of timber that needs harvesting in the south (SYP). The trees are mature and in need of thinning to reduce forest fires.
@norris_ed@THELumberGuru@micheleshi Give yourself more credit Ed. Lumber market can be manipulated regardless or supply. Ups and downs are created when smart buyers like Ed Norris accumulate and liquidate inventory. LLG refers to those predictable occurrences as "Inventory Shifts." The next one is two weeks away.
Southern timber glut, 4bbft new production, preexisting lumber over supply, lethargic housing spells trouble for lumber market. 2018 record highs likely to be followed by 2019 decade record lows. #lumberglut#timberglut
I didn't say it. One builder to another did. "Can I bother you for the name of the lumber ORACLE that you had recommended I follow?" Maybe a stretch. 😇 https://t.co/LeNlHTKGYl #lumberoracle
LLG Membership now open for two replacement memberships. One retired and sold biz assets; one sold company to another LLG member. https://t.co/UVHhBNKD1x
Lumber Market: The Reversal Low Is In! LLG Members bought three days before the turn. OR...did they create the turn? They win again. Do you qualify for a FREE membership? https://t.co/UVHhBNKD1x #lumbermarket#lumberprices