tag:blogger.com,1999:blog-6616959642391988608.post2535245888319462393..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Chemical activity and trade still strongScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6616959642391988608.post-23919029708240445592017-04-29T13:30:21.271-07:002017-04-29T13:30:21.271-07:00The chemical index has not been a leading indicato...The chemical index has not been a leading indicator in the past two years.<br />Perhaps before that it was.The Cliff Claven of Financehttps://www.blogger.com/profile/13541954550199246606noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14027694919336031662017-04-26T08:03:21.269-07:002017-04-26T08:03:21.269-07:00Lumber prices are a factor in housing prices, of c...Lumber prices are a factor in housing prices, of course, but zoning restrictions are almost certainly a bigger factor.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-51500158476971096632017-04-25T21:31:27.639-07:002017-04-25T21:31:27.639-07:00Scott Grannis: Do you suppose it is lumber prices,...Scott Grannis: Do you suppose it is lumber prices, or tight, stipulative anti-competitive, anti-free market state and local property zoning that causes housing prices to be so high along the California coast? Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-73444915101468931442017-04-25T11:51:12.697-07:002017-04-25T11:51:12.697-07:00Cliff: you have missed the fact that the chemical ...Cliff: you have missed the fact that the chemical index is a leading indicator of industrial production.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-8428416021326794022017-04-25T11:39:06.730-07:002017-04-25T11:39:06.730-07:00The chemical index is narrow coverage of the whole...The chemical index is narrow coverage of the whole economy, and bullish.<br /><br />Industrial production is broad coverage of the whole economy, and bearish.<br /><br />One of these indicators is wrong.<br /><br />It would be a bullish bias to focus on on the bullish narrow indicator, and ignore the bearish broad indicator.<br /><br />Yet, that's exactly what this article did.<br /><br />It&The Cliff Claven of Financehttps://www.blogger.com/profile/13541954550199246606noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-50658375634940950742017-04-25T10:30:13.526-07:002017-04-25T10:30:13.526-07:00Trump's proposed 20% tariff on lumber from Can...Trump's proposed 20% tariff on lumber from Canada is shocking if for no other reason than it will increase the cost of lumber in the US at a time when new construction is still trying to get some wind in its sails. On a different subject, I am having trouble digesting the chasm between stocks and bonds. I remain frightened by the markets.<br /><br /><a href="https://www.bloomberg.com/news/McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-87195848981537220432017-04-25T04:45:33.814-07:002017-04-25T04:45:33.814-07:00For his entire life Trump has been a terrific self...For his entire life Trump has been a terrific self promoter. Bombastic over promiser and under deliverer. If the GOP can't get together on tax reform-as they failed on health care, we'll be LUCKY to match economic growth under O's term. So much for "animal spirits". stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41899571058283776182017-04-24T22:40:18.534-07:002017-04-24T22:40:18.534-07:00I wonder how how the U.S natural-gas boom is playi...I wonder how how the U.S natural-gas boom is playing into chemical production? <br /><br />Happy I am for the good news; just wondering if the chemical industry is faring well for a while, as U.S. prices for natural gas are lower than global prices. <br /><br />Dow Chemical wants to keep US gas cheap and at home. Obviously, producers would like to export natural gas. <br /><br />If US natural-gasBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com