Part 8/9:
Ultimately, while Trump's policies will play a role, the broader economic landscape will significantly influence lumber prices. Factors such as mortgage rates, housing market dynamics, and overall economic growth will dictate consumer behavior and, consequently, lumber demand. A decrease in interest rates may encourage more home purchases, thereby spiking demand for lumber.
Moreover, concerns about national debt and inflation could complicate economic stability, leading to higher interest rates—an obstacle for housing affordability and, by extension, lumber demand.