A recent article in Canada’s Financial Post by Eric Lascelles, chief economist at RBC Global Asset Management, Inc. predicts that the U.S economy will soon be all sunshine and lollipops, as its current malaise can easily be explained by a confluence of several unfortunate and unavoidable factors. These include the Japanese earthquake and tsunami, the spate of bad weather that wreaked havoc upon the American south and mid-west, and the spike in oil prices earlier this year that Lascelles assures his readers will return to normal sometime soon.
