February 7, 2023

Markets were initially lower on Tuesday but ended the day higher on talk that inflation might be heading down.

The S&P 500 was up 1.3% and Toronto was up 0.5%.

TFI International was up 6.8% after releasing Q4 earnings. 

After the close, West Fraser Timber announced curtailments at a B.C. lumber mill. The stock has done well and it may be because the various competitors are sort of sharing the curtailments around instead of over-producing and driving prices down.

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