Is the economy in deep trouble?

There is a big problem out there. You hear about Europe improving. The US economy strengthening again. But wait a minute. Do not jump to conclusions so fast.
Why is lumber tumbling (click on the chart to enlarge it)? If the economy was so strong, how come lumber - a great leading indicator of the economy and the housing sector - is sinking?
I do not think it is the weather. It must be something else. It could very well be tightening credit (see previous posts).
Time will tell, of course. And thank you for visiting my blog.
More details in The Peter Dag Portfolio on www.peterdag.com

George Dagnino, PhD
The Peter Dag Portfolio
Since 1977
Author, Profiting in Bull and Bear Markets
No. 1 bond timer in the past 12 months. 

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