By John Richardson WHILST some Republicans claim that the House bill to replace the Affordable Care Act goes too far, others have called it “Obamacare lite”. And unless the Affordable Care Act is replaced, or at least modified, by the end of this year, then the rest of President Trump’s legislative programme for 2017 might […]
Asian Chemical Connections
China Credit And Economic Growth To Slow Again
By John Richardson Since early 2014, China’s economic history has been one of start, stop reforms. First of all, President Xi Jinping (pictured right) was in control as his “Princeling” political faction began to effectively implement the bold reform vision outlined in late 2013 at the pivotal 3rd Plenum Meeting of China’s top politicians. The Princelings […]
The Real Story Behind The Commodities Price Rebound
By John Richardson THE job of anybody involved in financial markets, whether equities or commodities, is to of course make money – whether by going long or short. What matters, therefore, is not whether an economic theory ultimately turn out to be true or false. All that matters is that the theory moves markets in […]
Supply-Driven Petrochemicals Success Under Threat
By John Richardson THE OLD joke goes like this: “If oil and gas exploration is the gorilla, refining the dog and petrochemicals the tail on the dog, what does the gorilla say when he looks at the dog? He says, “I can’t even see the tail on the dog’ ”. The history So events upstream […]