The Financial Times’ Investment Editor argues this week that “there is no point in forecasting stock market performance to the last digit“. Instead it presents 3 scenarios for 2010: • Standard Bear Market. This view suggests that the current rally is “the normal adjustment after a market crash“. After the rally ends, we will then […]
Chemicals and the Economy
Boom/Gloom Index remains cautious
The IeC Boom/Gloom Index remains cautious as we enter the New Year. Meant to track sentiment in financial markets, it shows clearly that talk of ‘green shoots’ (green line) leading to a quick recovery has virtually stopped. Whilst the reading for ‘frugal’ (red line) steadied, as we went into the Christmas period. The Index itself […]
The 2010 Outlook
Extended downturns, of the type that we are now suffering, generally mark a transition period from one set of business conditions to another. I look at what might be in store for us during this transition, in this week’s edition of ICIS Chemical Business. The analysis focuses on the key areas in the chart – […]
Opportunities for the New Decade
Over the past century, many parts of the world have seen an extraordinary increase in living standards and life expectancy. As the Financial Times notes, we used to marry at c15 years, become grandparents at c30 and die at c45. Yet whilst 15 – 30 – 45 is still the demographic cycle in the poorest […]