August 2012 Macro Pulse -- Synchronized Slowdown: Not an Olympic Event

Beginning in late July, a significant share of the world’s population watched the Olympics take place in London. Some 36 different sports, including synchronized swimming, were showcased during the two-week event. While not an Olympic sport, another synchronized event has also been unfolding in a wider venue. In the words of Pacific Investment Management Co.’s Mohammed El-Erian, the global economy has been experiencing “a serious, synchronized slowdown” in which the manufacturing sectors of most economically important countries are shrinking. Supporting El-Erian’s position are….

Click here to read the entire August 2012 Macro Pulse recap.

The Macro Pulse blog is a commentary about recent economic developments affecting 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.