A market that's frequently closely tied to housing -- lumber -- just got slaughtered yesterday. It was by far the biggest commodity loser.
A Dow Jones report offers a purely technical explanation, which we don't necessarily buy, though we're open to suggestions.
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See Also:
- Lumber Futures Spike Before Housing's Last Gasp
- Lumber Prices Tank: An Early Warning For Housing
- Forget Empty Housing Developments, Check Out The Massively Empty Cities Of China
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