December 4, 2022

To get $1,000 off Paul Hodges’ research service, The pH Report, as well as receive a free sample report, email phodges@new-normal.com or jack@blockworks.co, or visit https://rb.gy/rlnmze

Paul Hodges, author of The pH Report and chairman of New Normal Consulting, returns to Forward Guidance to share the grim tidings from the chemicals industry, whose troubles Hodges argues are indicating that consumer demand will slow rapidly around the globe. After reviewing how and why the chemicals industry is a bellwether for the global economy, Hodges tells Jack Farley how the collapse in chemical prices is a harbinger for a severe global recession. Unrelenting high energy prices, which are a key input to chemical production, are making the chemical refining business even more challenging. Hodges and Farley also discuss the future of inflation and how it is affected by central banks, geopolitics, and demographics.

Disclosure: The pH Report is a research partner of Forward Guidance. Blockworks receives a share of proceeds for each conversion to The pH Report. For any questions, email phodges@new-normal.com or jack@blockworks.co.

Paul Hodges on Twitter https://twitter.com/paulhodges1
Follow Jack Farley on Twitter https://rb.gy/uesguv
Follow Forward Guidance on Twitter https://rb.gy/cy0dki
Follow Blockworks on Twitter https://rb.gy/igyzsj

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter:
https://rb.gy/5weeyw

Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter:
https://rb.gy/feusos

Find out more about the Blockworks video editor role here: https://blockworks.co/careers/

Timestamps:
00:00 Introduction
01:51 Chemicals Market Is Indicating The Recession Will Be Deep
14:03 The Mood Is Grim” In The Chemicals Business
19:21 Demographics Are Not Helping!
23:25 The Yield Curve Is Not The Be-All End-All
32:35 Chemical Prices Are Collapsing
40:04 Has Inflation Peaked?
44:44 In A Recession, Earnings Go Down
46:19 The Fed Put Is No More
52:51 A Food Crisis Is Brewing
55:46 Oil and Natural Gas
01:03:31 How Will Europe Handle This Winter?
01:11:17 There Is Considerable Downside Risk”
01:14:42 Discount To pH Report, Paul Hodges’ Research Service

Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Leave a Reply

Your email address will not be published.