February 2015 Macro Pulse -- Will Atlas Shrug?

Atlas was the primordial Titan in Greek mythology who held up the celestial spheres. In somewhat similar fashion, the United States “is carrying the world economy at the moment, [but] that is simply not sustainable,” Canadian Finance Minister Joe Oliver recently remarked. “Collectively, [the leading indicators] suggest that the U.S. is not immune to a global slowdown,” agreed Charlie Bilello, research director at Pension Partners. “From easy monetary policy to plummeting yields and inflation expectations, the U.S. looks very much like its global peers.” So, will “Atlas” shrug and allow the global economy to fall? Perhaps the following observations will provide some answers.

Click here to read the rest of the February 2015 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.