• Plunging Lumber Prices Could Be A Warning For Stocks

    22 days ago - By ETF Daily News

    From Chris Kimble : Home and Lumber prices can send important messages to how the economy is doing. The chart above looks at Lumber prices over the past 11-years.
    So far this year, Lumber and the DJ Home Construction index is diverging against the broad market. This chart highlights that Lumber is now down over 40% from its peak earlier this year.
    Below compares the performance of the S&P to the DJ Home Construction index this year-
    Investors might want to keep a close eye on Lumber and the Home construction index going forward, due to weakness in this sector could be sending an important...
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