Apple’s China problems highlight smartphone market downturn
Apple symbolises the major changes underway in the economy. Its stock price is in decline as central bank stimulus disappears. And its profits are threatened as pressure builds on its supply chain…
‘The chemical industry is screaming “Recession”‘
The chemicals industry is a bellwether for the global economy and its message couldn’t be any clearer:
A severe global recession is imminent.
FAANG stock prices start to tumble as the tech bubble begins to burst
Since January, investors have begun to realise that the FAANG stocks were just as over-valued in December as during the dotcom bubble. Of course, hope springs eternal as we saw this…
Europe’s bread price crisis highlights growing risk of food shortages and higher prices in 2023
Food shortages and price rises are inevitable next year. So we all need to reduce the 25% of food now thrown away each year in the developed world. And in the developing world,…
Global housing markets risk major downturn, as interest rates return to more normal levels
Buyers’ confidence has been key to the rise in house prices over the past decade. But that is now disappearing as central banks are forced to refocus on inflation risks, and interest…
Scenario planning key amid volatility
Russia’s invasion is a major wake-up call about the danger of assuming business will always be “as usual”. The window for investing in future growth is starting to close. As Hemingway warned…
Interest rates break out of their 40-year downtrend – and start creating chaos in global markets
US inflation was last at 8.3% in January 1982. And then, the 10-year yield was 14.6%. History may not be a perfect guide, but it is the best we have. So it…
Our pH Report Sentiment Index continues to be a reliable guide to the S&P 500’s performance
Most commentators chose to ignore the warnings on inflation and recession provided by chemical industry data. As a result, they have been blindsided by the speed and scale of the S&P 500’s…
Smartphone sales go ex-growth as consumers cut back
Consumers around the world are tightening their purses and cutting back on non-essentials as the impact of the 4 Horsemen of the Apocalypse – Covid, the war, food shortages and rising interest…