My 4 May post was titled “‘Sell in May and go away?’ as US, German bond yields jump“. Since then, US interest rates have continued to soar and the US stock market is starting …
Innovation is the life-blood of the chemical industry. It is also a critical success factor as we transition to the New Normal. Many of today’s plants and processes are simply too old and inefficient …
The above chart was my Chart of the Year last December, under the title “China’s auto sales bubble begins to burst‘. So it seems only sensible to update developments 6 months later. The key …
The key issue in the Greek debt crisis is easy to understand,. It is that Greece’s GDP last year was just $238bn, whilst its debts are estimated at €322bn ($365bn). So Greece is …
‘Peter Pan’ is one of the world’s most-loved children’s stories.But I hadn’t realised it had also become an economics textbook, at least in Japan. Yet the Governor of the Bank of Japan (BoJ), Haruhiko …
Everyone knows that the US Federal Reserve will “never” let stock markets fall. So it makes perfect sense for investors to borrow as much as they can, in order to chase the market higher. …