Tag Archives | the Fed

Asia, The Fed And Swimming Naked

 

By John Richardson

WHEN the tide eventually goes out, we will find out who has been swimming naked.

This will also be the case in several emerging markets, ex-China, when the Fed eventually draws down its stimulus.

Hot money …

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The Complexities Of Benzene

By John Richardson

SOMETIMES petrochemicals markets defy reality, on the occasions when pricing moves out-of-synchronicity with the underlying nature of demand.

This is the case with benzene today (see the above pricing chart) as my ICIS colleague Truong Mellor describes, …

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Get Behind China

By John Richardson

THE blog is often accused of being pessimistic. We are not. We are just realistic.

It was realistic last November to anticipate that China’s new leaders would be dedicated to major economic reform. In fact, this was …

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The 99.9 Percent

Credit: Odysseas Gp Creative Commons BY NC SA

 

By John Richardson

WHEN the Fed launched its third round of quantitative easing (QE3), a Perth Australia-based investment analyst said:

“I get the feeling that people are waking up to the …

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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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Saudi Arabia To Boost Oil Output

By John Richardson

SAUDI Arabia has offered its main customers in the US, Europe and Asia extra oil supplies until the end of the year as a result of concerns over the impact that expensive crude could have on the …

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Asia Faces More Asset Bubbles

Marc Faber

Source of picture: http://www.cliffkule.com/2011_06_26_archive.html

By John Richardson

RECENT action by Western central banks will result in more hot money flowing into Asia, creating further asset-price bubbles.

Last week, the Fed launched QE3 and the previous week, the European …

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Real Demand In The Real Economy

By John Richardson

THE FED’S decision to launch quantitative easing 3 (QE3), a series of open-ended steps more radical than anything it has attempted before, is bound to drive petrochemicals pricing higher, in response to the surging cost of crude.…

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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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China Investment Lowest Since 2002

By John Richardson

THE chart above indicates the extent to which polyethylene (PE) price rises over the last few weeks have failed to adequately compensate for higher feedstock costs.

Last week saw prices edge up by a further $10-40/tonne, according …

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