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Re: stock_observer_77 post# 372550

Thursday, 05/06/2021 3:28:15 PM

Thursday, May 06, 2021 3:28:15 PM

Post# of 480978
And we continue to see the shutdown affects:

A 2x4 cost 7.25 at Home Depot? Certain items are difficult to obtain still.



The lumber shortage is fueled by an increased demand in new housing. Approaching the tech bubble level.

Housing prices sky rocket



Welcome to the concept of the free market. Due to very low interest rates folks can afford higher prices. It's a sellers market.

PG and many major Corp announce price increases this week on basic household supplies



Watch out for low toilet paper supply. The largest paper pulp producer in Brazil has its employees being ravaged by Covid. Which the Brazilian gov claimed was not a problem.

Gas prices closing in on $3 soon headed to $4



Have you ever heard of OPEC? Where they control supply, and price. Duuh.

Oh try to get some furniture these days LOL



With a lumber shortage, and housing demand should it be surprising?

Seems economic education in this country has failed miserably.

Yeah shutting down the economy during CV was smart.



Absolutely. It prevented a couple million deaths.

It’s May...are we back to where we were yet?



Getting there. From the WSJ:

A burst of growth put the U.S. economy just a shave below its pre-pandemic size in the first quarter, extending what is shaping up to be a rapid, consumer-driven recovery this year.



Imagine that. Any other bogus complaints?


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