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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Steve Lokness who wrote (10565)3/20/2004 8:10:43 PM
From: Raymond Duray   of 110194
 
Hi Steve,

The current high prices in lumber and steel are curious to me. Considering that lowering the tariffs should have brought cheaper foreign products back into the U.S. market, I cannot satisfactorily explain the current price spike in lumber. However, in the steel market, China is clearly having an impact.

I do find the situation to be "curious". :)
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