Don’t be surprised if your finance team starts working even longer hours over the next few weeks. Not only will they have to worry about revising profit forecasts and working capital issues, as demand weakens in some core markets. Now they have to worry about what might happen to the cash actually in some company […]
Chemicals and the Economy
Aging US BabyBoomers mean new home boom unlikely
Is a recovery underway in the US housing market? Investors on Wall Street certainly think so. One over-excited fund manager called the blog recently to exclaim “housing starts were at 500k, now they are at 900k, and they’ll be back to 2 million within a year or two”. His definition of a pessimist was someone […]
S&P 500 hits new record as Kem One files for bankruptcy
The divergence between the real world and financial markets was sharply clarified last week: • The world’s major stock index, the US S&P 500, hit a record new closing high of 1569 • Sadly, Europe’s 3rd largest PVC producer, Kem One, filed for bankruptcy These developments are clearly not mutually supportive. As we enter Q2, […]
Jump to page: