October 2012 Macro Pulse -- Groping Blindly in Murky Economic Water

During his later teens, one of the Delphi Advisors team spent a couple of years living on a remote Indian reservation along the banks of the Paraguay River in South America. One memorable event occurred when a crate of the family’s effects was accidentally dumped into the river while being unloaded from a riverboat. Like the Mississippi, the Paraguay River is pitch dark within just a few feet of the surface. Mike spent much of his spare time during several subsequent months attempting to retrieve the crate’s strewn contents, diving slightly upstream and groping blindly for anything worthwhile as the current carried him over the muddy debris bed.

Recent data releases seem almost as murky as the Paraguay River, providing little help in determining the true state of the U.S. economy. For example….

Click here to read the entire October 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.