Lumber futures prices are falling hard this week, as it sinks in that a recession is coming, especially in housing.
https://x.com/McClellanOsc/status/1804301156673528127
Recession is a bigger worry for
1. Those without money depending on not losing their jobs to face cost of living pressures
2. Those with money who are putting much of their capital at risk
3. Those without money trying to make money and taking risks on stocks they can't afford to lose
....the economy is telling us a different story than what the market is.
....as Vern Gowdie always remind us 'Winning Is Not Losing'.
....once you lose, you hope, then you could lose even more, then you resign yourself to not doing anything, which could compound your losses.
....the non denialists would cut their dog stocks quick and re-deploy their capital out of harm's way to either re-invest in a better performing stock or wait out for a better opportunity.
...No Denial No Procrastination.
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