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Viewing Lumber as an Economic Indicator | Kyle Little
Lumber is a key economic indicator that typically doesn’t get as much attention as it should. Housing and lumber demand are leading factors that can help determine what is going on in the broader economic picture.
Kyle Little, Chief Operating Officer of Sherwood Lumber, is an expert on this topic. His whole career has been based on the intersection of finance, lumber economics and more. He joins Eric Chemi to discuss the basics of lumber and where he sees the price going in a year from now.
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#lumber #housingmarket #economy
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.
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