Lawrence “Yogi” Berra -- the late major-league baseball
player, coach and manager legendary for his malapropisms and pithily
paradoxical statements -- has been credited
with the saying: “When you come to a fork in the road, take it.” Given the
junctures at which the U.S. business and credit cycles find themselves, that
imperative seems especially relevant; the all-important question, though, is
what “fork” is the economy taking? Is it a path leading to stronger growth, or
one leading to recession?
The Macro Pulse blog is a
commentary about recent economic developments affecting the forest products
industry. The quarterly Macro Pulse
newsletter typically summarizes the previous 30 to 90 days of commentary
available on this website.
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