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One swallow does not make a summer, but one skein of geese, cleaving the murk of March thaw, is the Spring.
Aldo Leopold Categories
Tag Archives: weak dollar
More on the Decoupling of the Macro from the Micro
The US economy has slowed significantly in recent months compared to late 2010 and early 2011. We’re not forecasting a recession … yet. But we are talking about a marked deceleration in the growth rate of our gross domestic product. Read More
Pondering the Fate of Inflation
For some time, we have forecast that inflation would return to relatively normal levels in 2011. In fact, we expect core inflation (inflation excluding food and energy) to rise from its near-zero year-over-year rate to closer to 2%. Read More
