on April 24, 2015

Nobody would imagine that the SFr 800bn ($840bn) Swiss pension scheme could go bankrupt.  But Swiss pension experts suggest it “will be bankrupt within 10...

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on April 23, 2015

Vast over-expansion is underway in the global petrochemicals industry, as companies rush to build new capacity at a time when demand patterns are going...

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on April 22, 2015

Its hard to be optimistic about the outlook for the global auto market.  The chart above of the Top 7 markets, which account for...

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on April 21, 2015

More and more evidence is emerging of the major slowdown now underway in China’s economy. China’s leadership have warned this would take place since...

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on April 20, 2015

Oil market traders have been having fun in recent weeks, as they have managed to create guaranteed price movements every week: US oil inventory...

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on April 17, 2015

Who would pay the bill, if Greece defaulted on its current €320bn debt ($340bn)? This is no longer just a theoretical question.  Of course, we have...

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on April 16, 2015

Q1 showed little sign of improvement in the world’s second-tier auto markets – Brazil, Russia, India, Japan. In total, their sales used to equal those...

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on April 15, 2015

Who would have believed, a few years ago, that European cracker operators would see an operating rate of 84% as something to celebrate?  It...

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on April 14, 2015

China’s auto market is going through major change.  Tier 1 cities have imposed limits on car ownership, and car use by government officials is being severely restricted. ...

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on April 13, 2015

As I have feared, major volatility is developing in financial and chemical markets, as the Great Unwinding of policymaker stimulus continues.  The chart above...

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