Tag Archives | US economy

US Housing: The Demand Conundrum

By John Richardson

WEALTHY people don’t buy most of the world’s chemicals and polymers production because there are not that many wealthy people in the world – especially in the US these days.

The Economist, in it’s the World In …

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The Minority Isn’t Always Wrong

By John Richardson

“I REALLY worry about the ability to export extra capacity from the US as I think global markets will become much more regional,” said a source with a poylolefins producer .

“The US is also pretty much …

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No “Breakthrough Year” For The US In 2014

By John Richardson

PEOPLE who trade in oil, other commodities and equities don’t buy that many chemicals and polymers because, of course, relative to the US population as a whole, they number very few.

Thus, the challenge for 2014, as …

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Western Demand Still Weaker

By John Richardson

AS the euphoria over the Fed’s measured tapering echoes through global equity markets, many people at certain points on the continuum - which we described in detail earlier this week - will be happy.

Perhaps for the …

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Global Growth Outlook: Sorting Out The Continuum

By John Richardson

WHAT do you do for a living? Are you a speculator in equity markets or do you make things for a living?

These, we think, are highly relevant questions as we head towards the New Year.

It …

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Oil Market Risks For 2014

By John Richardson

PAUL Satchell, the UK-based chemicals analyst with glob investment bank Cannacord Genuity wrote  in his December Volume Proxy* report, which was released earlier this month: “It has long been our opinion that real demand fundamentals in commodity …

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The US Growth Conundrum

By John Richardson

WHERE is the growth in the US economy going to come from to consume the big increase in the country’s ethylene and derivatives production due to take place from 2017 onwards?

This is a question that continues …

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The Trickle-Down Effect….Again

By John Richardson

THE classic image of the high-school student flipping Big Macs has become out of date in the US, according to this New York Times article.

“Because of lingering unemployment and a relative abundance of fast-food jobs, older …

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The US Needs A Plenum

By John Richardson

CHINA’S crucial November plenum has now finished and so far there are no details on policy decisions. All we have had is a brief communiqué, which includes key phrases such as “deepening reform” and “crossing the river …

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US Housing Recovery? What Recovery?

 

By John Richardson

A SUSTAINED US housing recovery is vital for the global petrochemicals industry because, without it, far too much of the 64% of ethylene capacity, which is due to be added in the States, will have to …

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