Lumber is down almost 40% from its recent peak. I think it's a good reminder that there are distinct differences between inflation, shortages, and speculation. More importantly, they don't mean the same thing.pic.twitter.com/WzgToao3B2
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I tweeted essentially the same thing yest ...it's all narrative
is it? i honestly think you could go pretty far at least making regional ones. the point is be more specific about the frame the basket is relative to.
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