Tag Archives | The Federal Reserve

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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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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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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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September Will Be A Cruel Month

By John Richardson

SEPTEMBER is going to be a cruel month when the West returns from the summer holiday period and the extent of damage to chemicals and polymer demand becomes more apparent.

In Asia, temporary supply constraints in polyolefins, paraxylene (PX) and …

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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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Broad Commodities Retreat Hurts Chemicals

By John Richardson

WE hate to say we told you so but the 15 per cent fall in oil prices last week – the steepest one-week decline in two-and-a-half years – was evidence of growing concern over the health of …

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Cotton Support For Fibre Intermediates Declines

By John Richardson

RISING cotton prices might well have been the single-biggest factor on the strength in the synthetic textiles chain for the last year.

Other major factors have obviously been the surge in crude and supply constraints in both …

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The Chemicals Party Is Over

By John Richardson

IT has been a fantastic party. Nobody expected that the drinks would last for so long, thanks to Wen Jiabao and Ben Bernanke working overtime to man the 24/7 off-licence (it is called “liquor store” in the States …

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