Housing – CME Lumber Futures Price

Housing – CME Lumber Futures Price Lumber futures are at record highs, as demand is supported by the recovery in housing construction. Image: The Daily Shot

Lumber Prices Are a Great Leading Indicator of Future Earnings

Lumber Prices Are a Great Leading Indicator of Future Earnings This chart suggests that lumber prices give a good forecast of where the stock market is going. When lumber prices fall over a 12-month period, then EPS follows 6 months later. Although there is no immediate recession on the horizon, a market downturn is possible. Image:…