Oil prices have moved into another ‘flag shape’ – which previously provided critical warning of the March collapse, and of those in 2014 and 2008. The shape is important as it means the bulls and bears have been battling each other to exhaustion, making it likely one or the other will give up. This time, […]
Chemicals and the Economy
Bankruptcies now the key risk as hopes for V-shaped recovery disappear
Governments, financial markets and central banks all originally assumed the Covid-19 pandemic would be over in a few days or weeks. But it is now clear they were wrong. And unfortunately, there is little sign of a Plan B emerging. The idea was that consumers would have plenty of money in their pockets after the […]
Reshoring set to create Winners and Losers as advanced manufacturing takes over
Not many companies still operate in the same way as 500 years ago, or even 50 years ago. But in manufacturing, it’s quite common. As the pictures show, a visitor from Shakespeare’s time – or from after World War 2 – would feel at home if they visited many manufacturing sites today. The issue is […]
Merkel warns of need to prepare for No Deal Brexit
Most people missed the fact that last Tuesday was the last possible date to delay the UK’s exit from the EU at the end of the year. Yet as Germany’s leader, Angela Merkel warned on Wednesday: “To put it mildly, progress in the negotiations has been very limited. I will continue to press for a good […]