Helping you navigate the new normal
Financial markets are becoming more and more chaotic, with prices regularly moving by 1% per cent or more in a day. Prices have also started to suffer sharp reverses of direction within a day, as talk of new stimulus competes with the reality of mounting supply gluts. These developments are classic red flags, warning of […]
Financial markets are becoming more and more chaotic, with prices regularly moving by 1% per cent or more in a day. Prices have also started to suffer sharp reverses of direction within a day, as talk of new stimulus competes with the reality of mounting supply gluts. These developments are classic red flags, warning of […]
Chemical production is currently the best leading indicator for the wider economy, as financial markets have lost their power of price discovery due to the impact of central bank stimulus. The above chart, based as always on the excellent American Chemistry Council (ACC) data, continues to flash the orange warning signal first seen last month. The key […]
The chemical industry is the best leading indicator for the global economy. The slide in operating rates (OR%) around the world during the seasonally strong Q2 period. is a clear warning that global economic growth may be stalling. This should be a major wake-up call for anyone still hoping that growth may recover to the Boomer-led SuperCycle level. The latest update from […]
