Occasionally I’ll turn on the “CNBC T.V” widget within my Think Or Swim Trading Platform.
I get a chance to “see what you see” there in the U.S – the wonderful rants n raves of the “oh so knowledgeable” and not at all “bias” staff of CNBC. This morning I was thrilled to hear of the massive recovery in housing in the U.S, with some “million plus new homes on the build” and the question came to mind……..
How can there be a housing recovery in the U.S when the price of lumber has absolutely tanked since March?
I am no economist ( by any means ) and do hope that perhaps one my valued readers can help me understand.
Seriously? – Can some one a little closer to the source explain this? – Or just better to go with the opinions / bullshit that the local media keeps throwing you?