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Mark Williams
Mar 30, 20204 min read
Lick it, or become like China
Coronavirus cases continue to mount world-wide. It’s getting to the point now where we all know somebody with symptoms and nearly...
14 views0 comments
Mark Williams
Mar 23, 20203 min read
The End of the Line for Small State Systems?
Last week we reported some Chinese state statistics that detailed the impact of Covid-19 on the economy in January and February, for...
76 views0 comments
![](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
![The Day the Earth Stood Still](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
Mark Williams
Mar 16, 20206 min read
The Day the Earth Stood Still
Governments around the world are taking extraordinary action to try to slow the spread of Covid-19, which now numbers more cases outside...
111 views0 comments
![](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
![Two Black Swans? Sauve Qui Peut!](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
Mark Williams
Mar 9, 20203 min read
Two Black Swans? Sauve Qui Peut!
Black Swan one is Coronavirus, the Mummy of public health scares. OK the global infection rate is much smaller than flu and the mortality...
144 views0 comments
![](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
![Unexpected Consequences of Covid-19](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
Mark Williams
Mar 2, 20205 min read
Unexpected Consequences of Covid-19
To add to last week’s portents of doom, China (as you will no doubt have seen already) released dismal Purchasing Managers Indices last...
195 views0 comments
![](https://static.wixstatic.com/media/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.webp)
![Macro Macchiato: Increasing Signs of Recession?](https://static.wixstatic.com/media/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.jpg/v1/fill/w_272,h_341,fp_0.50_0.50,q_90,enc_auto/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.webp)
Mark Williams
Feb 24, 20204 min read
Macro Macchiato: Increasing Signs of Recession?
The global economy has grown slowly since the financial crash of 2008, but it has grown consistently to recover lost production. Even in...
101 views0 comments
![](https://static.wixstatic.com/media/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.webp)
![Macro Macchiato: WHO do you trust?](https://static.wixstatic.com/media/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.jpg/v1/fill/w_272,h_341,fp_0.50_0.50,q_90,enc_auto/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.webp)
Mark Williams
Feb 16, 20204 min read
Macro Macchiato: WHO do you trust?
The legendary Irish columnist Fintan O’ Toole wrote a piece at the weekend for the UK’s Observer (a Sunday newspaper) in which he was...
59 views0 comments
![](https://static.wixstatic.com/media/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.webp)
![MACRO MACCHIATO: SKIP LNG, MOVE STRAIGHT TO HYDROGEN?](https://static.wixstatic.com/media/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.jpg/v1/fill/w_272,h_341,fp_0.50_0.50,q_90,enc_auto/2adcf8_f1b990c5987943a2b6174e47464134ca~mv2.webp)
Mark Williams
Feb 10, 20203 min read
MACRO MACCHIATO: SKIP LNG, MOVE STRAIGHT TO HYDROGEN?
Renowned philanthropist and exterminator of typing pools Bill Gates has ordered a luxurious super-yacht, his first as it turns out. The...
155 views0 comments
![Remain Deadly Calm At All Times, Part Two](https://static.wixstatic.com/media/2adcf8_7e8891d684da4f3894862506b121a1f2~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/2adcf8_7e8891d684da4f3894862506b121a1f2~mv2.webp)
Mark Williams
Feb 3, 20203 min read
Remain Deadly Calm At All Times, Part Two
On 30th January The World Health Organisation declared on a global health emergency. Nobody has died of Corona Virus in the US, but that...
157 views0 comments
![MACRO MACCHIATO:
Wuhan Coronavirus](https://static.wixstatic.com/media/2adcf8_7eee998603bf437e8c9c1f4d08b3db65~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/2adcf8_7eee998603bf437e8c9c1f4d08b3db65~mv2.webp)
Mark Williams
Jan 27, 20203 min read
MACRO MACCHIATO: Wuhan Coronavirus
The Wuhan Coronavirus and China’s nationwide public health emergency have caused a flurry of speculation about how the shipping markets...
213 views0 comments
![](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
![The World on Fire: Good News for Bulk Carriers?](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
Mark Williams
Jan 13, 20204 min read
The World on Fire: Good News for Bulk Carriers?
Millions of virtue-signalling, eco-woke words have been written about the Australian bush fires and how they are a signal for the climate...
120 views0 comments
![](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
![Sanctions and the Tanker Freight Market](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
Mark Williams
Jan 6, 20203 min read
Sanctions and the Tanker Freight Market
The US Middle East policy of shoot first and explain afterwards continues to bear fruit. The assassination of Iran’s military commander...
113 views0 comments
![](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
![All I want for Christmas is Huawei](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
Mark Williams
Dec 23, 20193 min read
All I want for Christmas is Huawei
I started 2019 with a research note about The Asian Century, concluding that within ten years we would all be in the Belt and Road...
50 views0 comments
![](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
![Will we get a good deal for Christmas?](https://static.wixstatic.com/media/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/2adcf8_03b0874d5d6d46b0bb4bd04f582f48e6~mv2.webp)
Mark Williams
Dec 16, 20193 min read
Will we get a good deal for Christmas?
The US and China announced their Phase One trade deal on Friday, though it has not yet been signed by either side. The deal reduces some...
64 views0 comments
![](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
![Too early to talk of decoupling? Macro Macchiato 09/12/19](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
Mark Williams
Dec 9, 20193 min read
Too early to talk of decoupling? Macro Macchiato 09/12/19
On Friday China announced that it would waive import tariffs for some soybeans and pork shipments from the US. It was promoted as a...
65 views0 comments
![](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
![China's BRI hits a brick wall](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
Mark Williams
Dec 2, 20194 min read
China's BRI hits a brick wall
I’ve been writing a course on the evolution of the Chinese shipping industry over the last 40 years and its likely trajectory over the...
87 views0 comments
![](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
![Cop that, climate accord (Macro Macchiato 25/11/19)](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
Mark Williams
Nov 25, 20193 min read
Cop that, climate accord (Macro Macchiato 25/11/19)
One of the more depressing charts I have seen shows a global decline in clean energy investment for 2018 with a lower prognosis for 2019....
13 views0 comments
![](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
![A Bang And A Whimper (Macro Macchiato)](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
Mark Williams
Nov 11, 20194 min read
A Bang And A Whimper (Macro Macchiato)
2019 looks like it may go out with a bang and a whimper. Around the world significant political events are afoot, giving us the bang....
84 views0 comments
![](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
![A Rum Bunch (Macro Macchiato 04/11/19)](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
Mark Williams
Nov 4, 20194 min read
A Rum Bunch (Macro Macchiato 04/11/19)
They are a rum bunch, the English. Take this week’s festivities for instance. The English will set off fireworks to commemorate the...
64 views0 comments
![](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
![A Flash in the Pan? (Macro Macchiato 29/10/19)](https://static.wixstatic.com/media/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/ff171e_2a8fe265058e494a8788c68e8dc4d489~mv2.webp)
Mark Williams
Oct 29, 20194 min read
A Flash in the Pan? (Macro Macchiato 29/10/19)
Earlier this month I gave a presentation to an invited audience of oil tanker owners. This in itself is not unusual. What was unusual on...
76 views0 comments
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