EP 115: "Lumber Tariff Built-In or Baked Out Price?" w/ Matt Layman

Matt Layman is back, and we start cranking early. From builder earnings to home sale trends, we dig into what’s driving the housing and lumber machine right now. Then we ask the big one: Is the tariff risk already priced in? Or is there more heat to come?

We get into the SPF vs. SYP narrative—why it’s gotten way too loud, and what matters. With the new SYP CME contract launching Monday, we take a few wild guesses on how it’ll trade.

Plus, we tackle real customer questions (some live!), and as always, drop a few nuggets to make you just a little bit smarter.