The Blog

High-flying “story stocks” hit air pockets as credit finally tightens

“Nobody could ever have seen this coming” is the normal comment after sudden share price falls.  And its been earning its money over the past week as “suddenly” share prices of some of the major “story stocks” on the US market have hit air pockets, as the chart shows: Facebook was the biggest “surprise”, falling […]

The post High-flying “story stocks” hit air pockets as credit finally tightens appeared first on Chemicals & The Economy.

read more

London house prices slip as supply/demand balances change

London house prices are “falling at the fastest rate in almost a decade” according to major property lender, Nationwide.  And almost 40% of new-build sales were to bulk buyers at discounts of up to 30%, according of researchers, Molior.  As the CEO of builders Crest Nicholson told the Financial Times:  “We did this sale because we […]

The post London house prices slip as supply/demand balances change appeared first on Chemicals & The Economy.

read more

UK faces ‘make or break summer’ as ‘No Deal’ Brexit risk rises

Last week, the UK’s Foreign Secretary, its chief Brexit negotiator and several junior ministers, resigned.  President Trump gave an interview attacking the UK prime minister, Theresa May, and suggesting her policies would “kill” any future trade deal with the US.  And the EU 27’s main negotiator on the critical Brexit issue, Michel Barnier, warned: “On both […]

The post UK faces ‘make or break summer’ as ‘No Deal’ Brexit risk rises appeared first on Chemicals & The Economy.

read more

US-China tariffs could lead to global Polyethylene price war

I was interviewed on Friday about the likely impact of President Trump’s trade wars on the global chemical industry by Will Beacham, deputy editor of ICIS Chemical Business. His interview is below. The introduction on Friday of trade tariffs by China and the US is the first step in a trade war that could turn into […]

The post US-China tariffs could lead to global Polyethylene price war appeared first on Chemicals & The Economy.

read more

Archives

Categories

Latest Tweets