If the Economic Recovery Is Strong, Why Are Lumber Prices Dropping?
by Sasha Cekerevac, Investment Contrarians:
As we all know, the stock market is in record-setting territory. One would think that this must mean the economic recovery engineered by the Federal Reserve is surely in place, but it’s not. I believe that the economic recovery is far from being assured.
The shocking thing to consider is how many trillions of dollars the Federal Reserve has pumped into the economy, and yet all we have to show for it is this very weak economic recovery. To me, this means that the underlying strength of the economic recovery without the Federal Reserve’s support would be much weaker.