BoA on Inflation

[Bullitt]

I wonder how long the lumber futures prices take to hit Home Depot and Lowe's. If you think about it, that could really drive any inflation numbers lower.

 

[tsptalk]

At least lumber seems to have crashed.

This move really has been unbelievable. Bitcoin and GME have nothing on this chart.

A couple of open gaps just below the current price.

 

[Bullitt]

Firms love giving excuses for missed numbers. "Inflation" sure isn't hurting Nike - or GOOGL or FB which are tech stocks and susceptible to getting hammered in an inflationary environment due to inability to increase prices.

At least lumber seems to have crashed.

 

[tsptalk]

BofA Crashes The "Transitory" Party: Sees Up To 4 Years Of "Hyperinflation"

https://www.zerohedge.com/markets/bofa-crashes-transitory-party-sees-4-years-hyperinflation