https://www.google.com/amp/s/www.cnb...on-record.html
In another thread a bunch of you were saying Biden will cause inflation waaaaaah waaaah waaah and pointing to lumber prices as evidence. And I said this is a short term supply chain issue, one of many caused by COVID, and there is no significant harmful inflation on the horizon."This drop suggests that the cause of that inflation—the mismatch of supply and demand—will not last forever," said Brad McMillan, CIO at Commonwealth Financial Network. "As suppliers across industries get their acts together, those shortages will fade, along with the inflation. That looks to be happening for lumber now and will happen for other inputs later."
Looks like I’m right again. You’re welcome.