Archive | January, 2009

se118_drewvertical.jpg

Chem engineers back with avengeance

At the moment, a shell-shocked chemicals industry is still recovering from the impact of destocking following the huge inventory write downs in Q4.

The next step will be to measure the state of genuine, end-user demand and how this compares …

Continue Reading
deadcat.jpg

The dead cat has bounced. Now what?

OK, this blog is supposed to focus on the long term, but in line with just about everybody else, all I can think about is the immediate and my collapsing share portfolio and the value of my home.

As a …

Continue Reading
intro.jpg

The demise of private equity

I am reading Charles R Morris’s The Triillion Dollar Meltdown at the moment, having also recently cheered myself up with Paul Krugman’s update of his classic, The Return Of Depression Economics.

As the private equity model implodes, Morris’s following words …

Continue Reading
business-man-putting-money-in-piggy-bank.jpg

Any spare change, Mister?

It’s all about hoarding cash over the next few years, but survival might not even be possible for even the best managed of companies if Martin Wolf’s worst-case scenario comes true. The Financial Times columnist writes of the unravelling of …

Continue Reading
Woody-Allen.jpg

It’s fun to be miserable….

To quote Woody Allen, “More than any time in history mankind faces a crossroads. One path leads to despair and utter hopelessness, the other to total extinction. Let us pray that we have the wisdom to choose correctly.”

It’s refreshing …

Continue Reading