07-30-2021, 10:37 PM
(07-30-2021, 09:59 PM)NilesMike Wrote: The real fun starts when the Covid re-opening surge wears off some. It will happen.I agree. I guess I wasn't clear. Maybe only a quarter for some sectors and years for others IMO.
I don't think the surge has fully engaged yet. Tons and tons of pent up demand is still coming.
Some lumber operations already curtailing production two months after record highs. They are not interested in 2019 prices anytime soon. Who knows what year certain semi-conductors, travel etc is back to normal. GDP growth is well short of predictions so maybe it will be more spread out? That would probably be better anyway.