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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (66769)	3/3/2021 2:46:41 PM
From: bruwin	2 Recommendations Recommended By DinoNavarre E_K_S Respond to of 78958

"That's my long answer/thought why Lumber is at record prices." I can't fault you on the length of your answer !! {;-) ...... And, in addition, the inclusion of a myriad of National and International "factors" that could, or maybe could not, affect a wide range of industries, and their companies, within the Stock Market ..... Personally I like Warren Buffett's Observation when it comes to where an individual investor should concentrate his efforts ------> "Ignore the Macro events, and rather concentrate on the business specific Micro events. Concern yourself with the long term prospects of a business rather than attempting to predict the short term fate of the stock market. Ask yourself, are you an analyst of the National Economy, or are you a Business/Company Analyst ?"

To: E_K_S who wrote (66769)	3/3/2021 4:25:11 PM
From: DinoNavarre	1 Recommendation Recommended By E_K_S Read Replies (1) \| Respond to of 78958

Hi EKS... Some of this stuff might be worth keeping an eye on too..... Currently plenty of lumber supply/demand issues throughout most of the world..... Wonder if spring/thaw will slow things down up north? 2X4 prices & housing starts key indicators.... Do you see the nearing end of covid in the US/Canada supplying plenty of more homes (not new construction homes) for sale into US/Canadian real estate markets? The US is increasingly dependent on overseas lumber supply as Canadian softwood lumber production continues to decline... Russia’s proposed log export ban in 2022 will have a far-reaching impact on global forest product markets.... Meanwhile, log supplies at sawmills across North America were plump to robust, but transportation was very difficult, especially on the rails. Large equipment suppliers for logging and trucking reported being booked out for 24 solid months. China extends tariff exclusions on imported hardwood lumber, logs... Current lumber, pulp and panel prices Latest NA lumber rail traffic.... Holy criminy ... #sawmills need to ramp up, this is going to take more than a year to work through: "There is a rising count of new homes offered for sale that have not started construction: total of 81k now. That's a 45% gain from a year ago." #lumber #softwood #housing https://t.co/lGOBLlE07L — Madison's Lumber Prices (@LumberNews) February 24, 2021