Episode 1144: Think Tank: Why stock markets soar yet chemicals slump

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Stock markets around the world are surpassing previous highs while the chemical industry continues to be bogged down by low demand, poor profitability and rising overcapacity.  -          Chemicals supply/demand imbalance will persist even if economy picks up-          China, Middle East will continue to add capacity-          China chemicals demand growth could be low or even negative-          Stock markets dominated by technology companies-          Valuations bloated by past era of cheap borrowing-          Stock market bubble could burst -          More trade barriers likely to protect European industry-          Demographics will continue to drag on GDP growth

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