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Barchart

Andrew Hecht

THE TRUTH ABOUT: Will lumber find a bottom - Caught on Camera

US Federal Reserve Interest Rates CME

In a February 27, 2024, Barchart article on lumber demand, as the market moved toward spring 2024, I wrote:

I believe the current environment limits lumber’s downside. At the same time, the price action over the past years suggests the upside could become explosive when the Fed finally cuts rates, increasing the addressable market for home buyers.

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