US Perspective—09.02.10
The Jacobsen Commentary and Market Opinion – 09.02.10
Courtesy of www.thejacobsen.com
It was a rather quiet Monday with not a lot of activity reported. The general consensus seemed to be that the market had crept higher and higher throughout the last month and now, with the higher prices, people were waiting until later in the week to buy what they need. One source summed it up well by saying some of the buyers are experiencing “sticker shock”.