US house prices below 1979 levels in real terms
31st March 2009 by

Source: Chartoftheday.com US house prices remain on a “downward path” according to today...

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Obama gets tough on US auto industry
30th March 2009 by

There had been speculation that President Obama’s mid-West background might tempt him to take ...

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US housing market decline may start to slow
29th March 2009 by

US new home sales began falling in 2005, when they peaked at 1.4 million a month. Last month, as the...

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Congress ends ‘mark to market’
27th March 2009 by

Last month, the blog supported former US Treasury Secretary Brady’s argument that ‘mark ...

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US oil stocks rise, demand drops, prices rise
26th March 2009 by

Oil prices have been rising steadily over the past few weeks, and are up 20% since the start of the ...

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Japan’s exports fall record 49%, China builds inventory
25th March 2009 by

Japan’s auto exports tumbled 71% in February, and its US exports fell 58%, causing total expor...

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Low-cost operation key to survival
24th March 2009 by

ICIS Chemical Business has just published my article, ‘Low-cost operation key to survival̵...

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Benzene on the floor
22nd March 2009 by

Benzene is one of the most widely used, and widely traded, chemicals. It is therefore an excellent l...

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IMF says advanced economies to “contract sharply”
20th March 2009 by

The IMF and World Bank continue to play leap-frog in reducing their global growth forecasts. In Janu...

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Anger replaces Denial, as financial crisis evolves
18th March 2009 by

Human beings go through a number of stages when confronted by major change. As first described by El...

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