Shortages, price escalation, long lead times, increased freight cost. Do you think the general public understands the significance of this situation? Mills are full of lumber but don’t ship and jack up the price. Chemicals and fiberglass are in short supply, maybe. Illegal price gouging may be happening. Is anyone at DOJ or the Feds looking into this? Just wondering.
The ugly head of inflationary pressures. It always starts in sectors and then spreads. Expect this to become far more widespread as this has as much to do with supply constraints as it does about the sentiment towards the foreseeable economic future.
Toilet paper was just the beginning and a perfect example of what fear does.
The DOJ can do nothing about this, it’s a cycle that needs to play out.