What is Lumber Signalling?
Lumber has been decimated over the last 3 weeks.
With housing data coming out tomorrow along with PCE. Is this weak lumber chart signaling a continuation of yield strength moving up?
Does the market interpret the housing data as negative?
One thing is for sure interest rates should make a move tomorrow off of the data sets.
With housing data coming out tomorrow along with PCE. Is this weak lumber chart signaling a continuation of yield strength moving up?
Does the market interpret the housing data as negative?
One thing is for sure interest rates should make a move tomorrow off of the data sets.
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