Tag Archives | Ben Bernanke

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Nothing Has Changed In Japan

By John Richardson

THE Nikkei Index has risen by more than 30% since November (see the chart below). Earlier this week, the Nikkei was at its highest level since September 2008.

 

Global stock markets are, in general, of course, …

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World Heading For L-Shaped Recovery

Mr Bernanke, please take note

By John Richardson

The recovery is always six months away and so while most people have written-off the first half of next year, the hope is that by H2 everything will be back to normal.…

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Central Bankers Making Global Economy Worse

By John Richardson

A NEW research note from our colleagues at International eChem discusses how central bankers have pledged to do “whatever it takes” to achieve a sustainable economic recovery. Click here for a full copy – Research-Note-24Sept12.pdf.

Their well-meaning …

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Failure Of Central Bankers

Source of graph: Reuters

 

By John Richardson

THE Federal Reserve has got it badly wrong, and could compound its mistake by launching a third round of quantitative easing (QE3), warns Ruchir Sharma, head of emerging markets and global macro …

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As Oil Rises Demand Weakens

By John Richardson

A barrel of Brent crude oil cost $88.49 a barrel in June. Yesterday, it was trading at $116.55 a barrel.

In the intervening period the global economy has substantially weakened, most notably in the case of China, …

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China’s VUCA Moment

 

Ben Bernanke. Source of picture: Wikipedia

 

By John Richardson

OUR next three blog posts will examine some of the threats to a recovery in China’s chemicals and polymer demand growth over the next 12-18 months.

We will look …

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Clinging On To Vain Hopes

By John Richardson

ANYONE clinging on to the hope that the weakness in the global polyolefin market is merely down to China going through a prolonged period of destocking could face a rude awakening.

China’s polyethylene (PE) demand was down …

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Chemicals Buying & The IEA Decision

 

By John Richardson

CHEMICALS and polymer demand looks even less likely to be supported by “buying forward” following yesterday’s decision by the International Energy Agency (IEA) to release 60m barrels of crude into the market.

Here is a bit …

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Chemicals “Spin” Will Continue

By John Richardson

THE reluctance of sell-side chemicals analysts to downgrade their forecasts should be severely tested by the Federal Reserve’s decision to downgrade its outlook for the US economy.

US GDP growth will now be only 2.7-2.9% in 2011 …

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