December 2012 Macro Pulse -- Muddling Through TEOTWAWKI

Thanks to a flood of pop culture take-offs on the supposed Mayan doomsday prediction, many people have bought into the belief that the end of the world as we know it (TEOTWAWKI) will occur on December 21. So many, in fact, even NASA felt compelled to reassure the public – especially young children – that these claims are just "manufactured fantasy" and have no scientific basis. In a similar vein, although the U.S. economy was “chugging along” near the theoretical long-term potential in 3Q, some of the more easily excited pundits have been warning it is about to nosedive into the ground. A more measured analysis of current statistics suggests the most likely outcome is for continued “muddling through” instead of TEOTWAWKI. For example,...

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

The Macro Pulse blog is a commentary about recent economic developments affecting the forest products industry. The monthly Macro Pulse newsletter summarizes the previous 30 days of commentary available on this website.