October 2011 Macro Pulse -- Sinking Ship or Rising Tide?

The story is told of a yacht owner who threw a party on his craft while it was moored. Somehow, the boat sprang a leak and began to sink. When the situation was brought to the owner’s attention, not wanting to alarm his guests, he announced, “The yacht’s not sinking; it’s just the tide coming in.” Of course, anyone giving the owner’s statement more than a moment’s thought would realize its stupidity, and that they had all better get ashore.

That parable has many parallels to today’s situation. Click here to see how, and to read the entire October 2011 Macro Pulse recap.

The Macro Pulse blog is a commentary about recent economic developments that affect the forest products industry. That commentary provides context for our 24-month forecast, which is contained in the monthly Economic Outlook newsletter available through Forest2Market. The monthly Macro Pulse newsletter summarizes the previous 30 days of commentary available on this website.