Shoe’s Lumber Report – 10/7/22

Shoe’s Lumber Report – 10/7/22

October 7, 2022                ONE SCARY BEAR MARKET! The first week of October provided some tremendous roars in both directions as the financial markets buttoned up the week on a more bearish tone that rocked the nerves of everyone. So how did the bearish financial...
Shoe’s Lumber Report – 9/30/22

Shoe’s Lumber Report – 9/30/22

September 30, 2022                                HURRICANES, LABOR STRIKES, AND BEAR MARKETS – OH MY! The final week of September offered zero, zip, zilch, as far as positive news, as doom and gloom were present in every direction. From Hurricane Ian hammering...
Shoe’s Lumber Report – 9/9/22

Shoe’s Lumber Report – 9/9/22

September 9, 2022                                WE NEED A LITTLE GOOD NEWS FOR ONCE. With school bells ringing in the distance, and the approach of autumn just around the corner, we could use a bit of positive news in the housing sector. Unfortunately, this week was...
Shoe’s Lumber Report – 8/26/22

Shoe’s Lumber Report – 8/26/22

August 26, 2022                                LITERALLY, A FALLING HOUSING MARKET! This week’s release of July New Home Sales did little to add a glimmer of hope in the near term, as red numbers were abundant. The July New Home Sales number came in at a dismal...
Shoe’s Lumber Report – 8/19/22

Shoe’s Lumber Report – 8/19/22

August 19, 2022                                DID THE BOTTOM JUST FALL OUT? Last week’s curtailment announcement of Canada’s top producer West Frasier’s plan to curtail 170 million board feet from its Frasier Lake and Williams Lake sawmills looks to have been a...
Shoe’s Lumber Report – 8/12/22

Shoe’s Lumber Report – 8/12/22

August 12, 2022                                THUMP! HAS A BOTTOM ARRIVED? This week marked number seven of a deteriorating market, as seven may just be the lucky number for producers. Why you ask? This week, Canada’s top producer West Frasier announced they will be...