C-MACC Sunday Thematic & Weekly Recap 113
Time to take a Beat: Why a Consumers Slowdown is Needed
- While many current shortages show little sign of easing – rising expenses for consumers must drive a pullback in discretionary spending – and this could be good
- A recession could take some heat out of markets that appear unfixable today – especially energy and materials – but the US jobs market could also benefit
- No energy transition, re-shoring, and national (energy) security goal can be met with insufficient commodities to meet demand – consumers NEED to slow down
- Without a market-based demand slowdown, governments will likely need to regulate material and energy use to help get priorities aligned – not popular
- Otherwise, we look at US ethylene vs propylene, the strength in PVC, renewable power constraints, and ideas. We also look at tight refined products markets
Last week we discussed 32 Chemicals and related products and 147 Companies.
See PDF below for all charts, tables and diagrams