Archive | Company Strategy RSS feed for this section

Brexit: Automation Could Replace Many UK Jobs

As immigration declines, labour costs are set to rise. Companies could thus shut down, leave Britain or invest in more automation if they decide to stay in the UK

By John Richardson

THE BRITISH town of Slough has an unemployment …

Continue Reading

Global Economic Recovery To Weaken On End Of China Stimulus

By John Richardson

THE extent to which the global economic recovery has been dependent on China will become all-too apparent over the rest of this year, and into 2018, as China once again reduces lending. As UBS writes in a …

Continue Reading

Brexit, US-China Trade Talks: Time Is Running Out

By John Richardson

BY MARCH 2019, Britain needs to have successfully negotiated the terms of Brexit – and be certain that when the clock stops ticking the terms of the deal will work in practice.

And the task of hitting …

Continue Reading

US Economy Returns To Weak Growth On Demographics

By John Richardson

THE US is a deeply politically divided country to the point where the divisions are having a profound effect on consumer confidence. As the New York Times writes:

Among Republicans, the University of Michigan consumer expectations index …

Continue Reading

Credit, Commodities And China: History May Soon Repeat Itself

By John Richardson

YOU should be getting that strong feeling that history might be about to repeat itself when you look at the January-February data on China’s petrochemicals markets. In polypropylene (PP), polyethylene, styrene, mono-ethylene glycol, phenol and acetone, the …

Continue Reading

Global Deflation At Risk Of Returning On End Of China Commodities Bubble

By John Richardson

THIS time last year it was deflation that seemed to be the problem for the global economy. Despite many years of US Federal Reserve, European Central Bank (ECB) and Bank of England (BOE) etc. economic stimulus, consumer …

Continue Reading

China Crude Imports: Low Growth Could Again Mean Fall In Oil Prices

By John Richardson

RIGHT now, of course, oil prices are on the up again because of disruptions to Libyan production and confidence that OPEC will extend its production cuts.

Libya might of course be a temporary factor, and it depends …

Continue Reading

Brexit Article 50: Into The Unknown As Political Risks Increase

By John Richardson

BRITAIN enters the unknown today with the triggering of Article 50, the beginning of the formal procedure for quitting the EU. The clock will start ticking on two years of negotiations when British ambassador to the EU, …

Continue Reading

New Petchems Business Model Based On Trading Blocs

By John Richardson

THE above chart should give every analyst who thinks low feedstock costs are by themselves guarantee of success in petrochemicals pause for thought:…

US net polyethylene (PE) exports in 2016 were 5,000 tonnes lower than in 2015,

Continue Reading

Oil Prices Could Fall By 50% On Demand As Well As Supply Realities

By John Richardson

THE REAL crude-oil supply story is becoming more commonly understood – hence, the recent declines in pricing. As I discussed in early March, before oil prices started heading south again,  supply has been long for a substantial …

Continue Reading