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Why the Price of Lumber Has Soared Day After Day After Day

Why the Price of Lumber Has Soared Day After Day After Day

FromOdd Lots


Why the Price of Lumber Has Soared Day After Day After Day

FromOdd Lots

ratings:
Length:
60 minutes
Released:
Apr 26, 2021
Format:
Podcast episode

Description

It's not often that lumber becomes a national obsession. But this year it has. Thanks to a combination of factors, including diminished sawmill capacity, a renovation boom, and then a homebuilding boom, the price of finished wood has soared to never-before-seen heights. On this episode, we speak with Stinson Dean, a lumber trader at Deacon Trading, to explain why the market has gone so wild, and how the market is structured.
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Released:
Apr 26, 2021
Format:
Podcast episode

Titles in the series (100)

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.