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My older daughter* likes to tell the following joke: “Why did the banker quit his job?” “Because he lost interest.” This came to mind while reading a recent New York Times article on the power of yield curves as recession prognosticators more…
In our work over the years, we have come to learn that markets, like individuals, have “personalities” and capacities that “change” over time. For example, when fully rested and prepared, I can teach or write all day, but still cannot more…
In our previous post, we discussed timber market drivers and the “rough-hewn relationship between housing, lumber and timber.” Now, we consider regional analyses for localized investment strategies to best-position our mills and timberlands. While trees grow and markets cycle, regional more…