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Why Lumber Futures Surge Is an Ominous Sign, Veteran PM Breaks It Down


Michael Gayed manages the ATAC US Rotation ETF and ATAC Rotation Fund.
His ETF rotates around risk-on and risk-off assets based on the price of lumber relative to gold.
He says the lumber-price surge is ominous and offers advice on how investors can protect themselves.
The price of lumber has quadrupled from a year ago. Or, in the words of the investor Michael Gayed, it s gone the way of bitcoin.
Indeed, as May and July lumber futures on the Chicago Mercantile Exchange reached a record high above $1,600, even the crypto exchange FTX entered the game by launching a lumber-futures market on Thursday. ....

Michael Gayed , Luke Templeman , Chicago Mercantile Exchange , National Association Of Home Builders , Deutsche Bank , National Association , Home Builders , Year Treasury Bond , மைக்கேல் காயெத் , லூக் கோயில் மனிதன் , சிகாகோ வணிக பரிமாற்றம் , தேசிய சங்கம் ஆஃப் வீடு பில்டர்கள் , டாய்ச் வங்கி , தேசிய சங்கம் , வீடு பில்டர்கள் , ஆண்டு கருவூலம் பத்திரம் ,