Entries from Chemicals & The Economy tagged with 'S&P 500'
Oil hits $80/bbl
The blog should award itself a pat on the back, now its May forecast of $80/bbl crude has come true. And it is pleased to maintain its 100% record in forecasting the direction and level of oil prices. But it...
Crude oil prices tumble on S&P 500 weakness
Sometimes, the blog gets lucky with its timing. A week ago, it wrote bearishly on crude oil markets, and suggested that "chemical companies need to keep a close eye on changing sentiment in financial markets". By Friday, oil prices had...
Selling the rallies
Stock markets are usually good indicators of future economic conditions. Their savage downturn since the start of the year suggests that investors now feel a growth slowdown is almost inevitable. Barrons (the major US investment paper) today highlights another...
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