I found this chart and thought I would post it out of interest. It is well known that lumber, like copper is a good economic indicator due to the fact that they are used in housing. In the top chart you can see how lumber turned down in 2005 but stocks diverged upward for another couple of years before the GFC. We are now seeing the same divergence which should end in similar fashion. This fits with the view that around mid September this year, the whole cup and ball game is going to unravel once again at the end of the Shmita year. Only this time I believe it will be a lot worse than in 07/08. Lets see if it does. I will be following these signals as the time draws nearer.
(Chart source: @Not_Jim_Cramer) S&P 500 V Lumber
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