US sawmills warn of accelerating closures as tariffs, weak demand squeeze industry

U.S. sawmills say tariffs, shrinking export markets and competition from cheaper wood alternatives are driving a surge in closures that threatens the hardwood industry.

Fox Business • Dec 4, 2025

A Dovish Shift In Monetary Policy Breathes New Life Into Direxion's NAIL ETF

With the Federal Reserve moving away from its prior efforts to tighten money supply, the measure theoretically provides relief for many economic entities. Under basic economic principles, reduced costs of borrowing encourage capital expenditures, investments and other growth-centered activities.

Benzinga • Nov 11, 2025

The Leveraged NAIL ETF Could Be Priced To Buy

Direxion Daily Homebuilders and Supplies Bull 3X Shares ETF (NAIL) offers leveraged exposure to homebuilders and supply companies, benefiting from both new builds and renovations. NAIL's performance is highly sensitive to interest rates; falling rates could trigger a significant rally due to pent-up demand and limited existing home supply. The ETF carries substantial risk due to its 3x leverage, making strict use of price and time stops essential for capital protection.

Seeking Alpha • Oct 27, 2025

Trump unveils 10% tariff on wood, delays 25% duties on kitchen cabinets, furniture

He warned that tariffs on upholstered furniture, kitchen cabinets and bathroom vanities will jump on Jan. 1, 2026, unless foreign nations are able to reach trade agreements.

New York Post • Sep 30, 2025

Trump Orders Tariffs on Timber, Lumber, Kitchen Cabinets

US President Donald Trump ordered 10% tariffs on imports of softwood timber and lumber, as well as 25% levies on kitchen cabinets, vanities and upholstered wood products. The tariffs are set to apply from Oct. 14, with some increases targeted to take effect Jan. 1, according to a proclamation signed Monday.

Bloomberg Markets and Finance • Sep 30, 2025

Home Builder Stocks Fall. Lumber Tariffs Are Back in the Picture.

Builders are sensitive to lumber pricing. But they are likely to weather the new tariffs, one analyst says.

Barrons • Sep 30, 2025

Monetary Policy Fluctuations Put The Spotlight On Direxion's Ultra-Bull NAIL ETF

Earlier this summer, a worrying but bluntly unsurprising headline caught the attention of investors everywhere: a growing number of young Americans have given up pursuing homeownership, believing that an all-out global war will have a greater likelihood of materializing. However, a critical shift in monetary policy just might force a rethink of this dire condition.

Benzinga • Sep 29, 2025

Trump Officials Flesh Out Tariffs on Kitchen Cabinets, Furniture and Timber

The White House set a relatively low tariff on imports of timber and lumber, and a significantly higher tariff on furniture and kitchen cabinets.

NYTimes • Sep 30, 2025

NAIL: Too Early For A Levered Homebuilders Trade

The Direxion Daily Homebuilders & Supplies Bull 3X Shares ETF is not an attractive buy despite the recent Fed rate cut. The NAIL fund's leveraged structure is vulnerable to volatility and sideways trading, potentially leading to significant decay. Current macroeconomic conditions present challenges for the housing market regardless of the Fed's benchmark rate.

Seeking Alpha • Sep 23, 2025

NAIL: Analysts Have Given Up On Homebuilding Stocks

The Direxion Daily Homebuilders & Supplies Bull 3X Shares ETF seeks to deliver 300% (3x) the return of an index focused on homebuilding, building products, and home improvement retail stocks. While NAIL holdings trade at just 12.7x their trailing earnings, forward earnings estimates for the ETF's largest constituents point to lower earnings in the next twelve months. As a result, analysts expect limited price gains over the next year, reducing the attractiveness of buying NAIL in the short term.

Seeking Alpha • Sep 22, 2025