Lumber Briefs: 20% More Downside: Stocks and Lumber Matt Layman In both the lumber and stock markets, there are more disruptions coming in 2019. The immediate influences of government shutdown, mass exodus from stocks, on-going trade war, volatile oil market, fight to suppress interest rates, President Trump’s legal issues, and global economic and... Read More January 2019 Issue #11234 Page 82
Advertiser Forum: Another Year Older…And Wiser? Anna Stamm As the end of the year approaches, we often find ourselves thinking about what we’ve accomplished in the preceding months, which tasks we feel are incomplete, and how we’ve learned a few more lessons the hard way. Things never seem to turn out the way we’ve expected, but life... Read More December 2018 Issue #10233 Page 6
The Silence is Deafening If you are a Boomer, Next Gen, Gen Z, Millennial, or Green Martian, you have been effected by the Affordable Care Act, AKA Obamacare. The Affordable Care Act added the employer shared responsibility provisions under section 4980H of the Internal Revenue Code. (IRS) When the affordable... Read More December 2018 Issue #10233 Page 66
Lumber Briefs: Lesson Learned: 2019 Will Out Do 2018 Matt Layman 2018 is a year for the record books. All time price highs followed by all time largest price drop in shortest time. One very important lesson learned or reinforced was how significantly supply disruptions can influence price movement. The variable is the set up. Specifically, the state of... Read More December 2018 Issue #10233 Page 82
Lumber Briefs: A Fragile Housing Recovery Built on Credit Matt Layman Many Americans are not overzealous about the moderate improvements to their lifestyle, income, and overall state of wellbeing during this economic recovery. That is being expressed by the stock market’s decline and increased recession rhetoric. No in-depth statistical analysis is needed... Read More November 2018 Issue #10232 Page 78
Lumber Briefs: Lumber Market Forecast Matt Layman Tariffs Keep U.S. & Canadian Lumber Border-Bound About Housing Affordability: The evidence continues to pile on. Let’s just skip right over the sources and the comments. They are numerous and more frequent. 25% of all homes for sale have lowered prices. New and existing home... Read More October 2018 Issue #10231 Page 96
Lumber Briefs: Lumber Doing Its Seasonal 180° Matt Layman Now 39 years into this lumber gig, there is one thing I have more confidence in than anything else. It is the foundation of my entire lumber career and reason for my success forecasting lumber market timing. The repeating lumber market cycle. Some of it sloshes around, yet, in spite of all the... Read More July 2018 Issue #10228 Page 81
Lumber Briefs: Lumber: Why So High? Matt Layman Rationing On May 23, in its most active lumber futures day ever, the market traded $68 of volatility from $15 limit down to $30 limit up and back down $15 to unchanged. Why is that? Futures suspected what we Layman’s Lumber Guide members have known since mid-May. BC mills are not... Read More June 2018 Issue #10227 Page 83
Lumber Briefs: Trucking Shortage: Lumber’s Summer Nightmare Matt Layman We lumber types have come to expect the unexpected. Hence, there is great value when we can identify, well in advance, what the next price manipulating phenomenon might be. 2018 has been a year of looking for an elusive lumber market top. Early in the year I went so far as to call 2018 a bear... Read More May 2018 Issue #10226 Page 77
Lumber Briefs: More Lumber Price Volatility Ahead Matt Layman There are three fundamental lumber market components that will likely combine to make 2018 the most volatile year for prices on record. LABOR: ICE gave notice last week that it intends to crack down on undocumented workers in the construction industry...on the jobsites. We already... Read More April 2018 Issue #10225 Page 83