Hey Piggs — I’ve been an extra busy bee this month, as the utter lack
of new content would suggest. I’m coming up for air to post a
quick rodeo, but this month I’ll let the graphs largely speak for
themselves. While nothing very interesting happened in the data
last month, I will just note the following:
- Prices have been pretty weak considering seasonality, but
- …the months-of-supply figure has been remarkably stable and
rests at a level that probably precludes much in the way of downside.
Now, enjoy the soothing silence of the graphs to follow…
