Mixed Signals

You wouldn’t know that there are dire concerns about the economic outlook judging from second-quarter earnings results posted by chemical makers over the past few weeks. Growth has slowed but chemical makers say they have enough momentum to carry them through the second half. Market activity last week told a different story as fears about the debt crisis in Europe and a possible tip back into recession sparked a broad market sell off. Chemical stock indexes fell about 10% in the seven-day period ended August 4, worse than the rout in global stock market...

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