Tag Archives | US economy

Hurricane Harvey: The Case For Major Negative Economic Consequences

By John Richardson

THE most important thing here is the human cost. Thirty lives had already been lost as a result of Hurricane Harvey as I wrote this post. Let’s hope that if this number must rise, it doesn’t rise …

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China Lending Bubble Adds 4.7m Tonnes To Polyethylene Consumption

By John Richardson

THE IMF produced a very interesting study earlier this month, in which it estimated that if it had not been for China’s giant economic stimulus programme the country’s real GDP growth would have averaged only 5.3% per …

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US Trade Policy Has So Far Bought China More Time…

…..But any number of outcomes remain possible, which underlines the fact that we live in a world of elevated political risk. Chemicals companies must, as a result, build multiple scenarios for future economic growth and trade flows.

By John Richardson…

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Stock Market Threats Far Wider Than Just North Korea

By John Richardson

LAST WEEK’S steep fall in global stock markets was of course the result of rising US-North Korea geopolitical tensions. Some $1 trillion was wiped off equity values. We obviously all hope that the geopolitical tensions will ease.…

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Life Cycle Of Plastics Packaging Demand And Internet Sales

By John Richardson

THERE is a huge amount of excitement out there right now about booming internet sales and how this also boosting packaging demand and so sales of polymers such as polyethylene (PE), polypropylene and polystyrene.

China is, not …

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China PP Market Outlook for H2 And 2018

By John Richardson

AS IS the case with polyethylene (PE), China’s polypropylene (PP) market continues to catch up with the underlying realities of demand growth.

If you recall, in Q1 of this year PP net imports (imports minus exports) grew …

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China-led Global Downturn Could Again Happen In September

By John Richardson

WHEN the Americans and the Europeans come back from their summer holidays in September it seems quite possible that they will see history repeat itself.

It was of course from September 2014 onwards that commodities prices started …

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Failed Pursuit Of Inflation Creates Major Economic Risks

By John Richardson

BUILDING UP lots of debt isn’t a problem if it leads to inflation that then inflates-away the value of some of that lending.

And debt-induced healthy increases in inflation also show that all of that lending has …

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China: Real Story On Lending Says Slowdown Still On The Way

By John Richardson

THERE was a lot of unhelpful and distracting noise surrounding the release of China’s official year-on-year H1 GDP growth that came in at an unexpectedly strong 6.9%.

Equally misleading was the pick-up in June total social financing …

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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 …

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