“FANGs” lose their teeth as stock markets relearn their key role of price discovery
Now, we are all starting to suffer for the central banks mistake in adopting Bernanke Theory. The bubbles they created are finally starting to burst as interest rates return to more…
Chart of the Year – Our Sentiment Index proved a great guide to the S&P 500 in 2022
Nobody knows how markets will develop. But past performance is the best guide that we have. This is why our Sentiment Index is my Chart of the year for 2022.
Break glass in case of emergency – the 2023 outlook for the economy
Please join me for my free ACS webinar on Thursday, December 15, 2022 @ 2-3pm ET.
The car market is crashing
Winners and Losers are becoming inevitable in the world’s largest manufacturing industry. Companies and their suppliers have to manage fixed costs to survive the recession. But they also have to invest in…
Europe sets new rules to boost plastics recycling, as Russia’s invasion highlights risks with fossil-fuel dependence
Last week’s UN Conference confirmed that curbs on the production of virgin plastics are clearly on the way. Plastics companies have the technology and expertise needed to make advanced recycling of plastics…
China has locked down again. Yet World Cup TV shows that normal life has resumed outside China. And the real estate bubble (29% of GDP) continues to burst
The World Cup runs till December 18. That’s a long time for Chinese viewers to ask themselves “Why am I still locked down, when the rest of the world is living a…
Global economy set to go ex-growth as world population hits 8bn
Underlying growth has been slowing since 2000 as more people joined the Perennials generation. Now, the bursting of the central bank stimulus bubbles – combined with the impact of Russia’s invasion -…
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.