The Great Over-Correct Is Coming
#Katafin Week 47
TL:dr — Markets work. Where there is demand, there will be supply. Where there is strong demand, there will be oversupply.
Consumer and financial media is obsessed with shipping containers and skyrocketing gas prices but it has little to say about the collapse of some commodities like lumber. I know it’s a n=1 observation, but I have yet to see any shortages in the…