Sounds like TSMC production was shut down for roughly a half day. If that is all, then the impact will be relatively small. But, if dust got into the clean room areas, or vacuum pumps shut down, then expect weeks of delays. That could have significant impacts on just about anything electronic.That's going to mess up the semiconductor/electronics industry for a while I imagine.
Non-manufacturing PMI came in weaker than expected right at that timepoint. Meaning, more hope for a rate cut sooner.What's with the spike at 10 AM. Is it the ADP data? Higher employment with higher wages doesn't sound like rate cutty type of information.
No, you are not the only one who sees it. That is one of the fed's two methods to control interest rates. (1) pull the lever to change rates and (2) talk about pulling the lever so that bond traders change rates for you. The fed is very explicit in exactly doing that.Powell still promising free ice cream for the bond traders who behave (and not short bonds), yet zero cuts on the horizon...because they are unnecessary.
He is hoping that the anti jaw boning will do his job for him. Whisper sweet nothings to your duped lover.
I am the only one who sees this?
I did some profit taking on March 4th. Can't wait for the tax bill next year on those capital gains.Market jitters. Selling underway..
DJT in freefall now. I have one put for next week.The sharks seem to doing their best to short DJT, but since Donnie owns something like 68% of the shares there might not be enough float to support it.
Stefanie Ruhl mentioned something last night about Trump suing his Truth Social co-founders.
Might look into that later.
Help me understand it. DJT was in the lower $40s before the merger. It is now in the lower $40s after the merger. So, we should conclude that it merged with something totally worthless?DJT in freefall now. I have one put for next week.
I heard a local investment podcast today, and they said for it to be valueted at the current cost it would need to have a growth rate far above 200% and would need to have +150 mio users in 2026. Currently it has around 5 mio.Help me understand it. DJT was in the lower $40s before the merger. It is now in the lower $40s after the merger. So, we should conclude that it merged with something totally worthless?
Sounds about right. We all knew it was just a way to funnel money from supporters to Trump and his associates. I am surprised that it feel this quickly though. Volume still seems low, so it wouldn't take too much buying from big supporters to prop it right back up (at least temporarily).I heard a local investment podcast today, and they said for it to be valueted at the current cost it would need to have a growth rate far above 200% and would need to have +150 mio users in 2026. Currently it has around 5 mio.
So their estimate was that it probably was 20 times lower than current cost.
Nobody's talking about gold. Even I have to say that the runup since September has been amazing. I'm guesstimating around 30%. Such a weird "commodity." It'll lay dormant for a decade and then go crazy.
Sold for a triple!DJT in freefall now. I have one put for next week.
Its transitory bro, its transitory! Prices will go back to 2019 levels.WSJ on inflation impact on grocery bills 2019 compared to 2024 (+37%):
View attachment 96469
Keep in mind this doesn't account for shrinkflation. Even a 5% decrease in quantity would mean prices are up >40%.
No wonder dollar stores are hurting. Their typical customer can't afford to spend 40%+ more on groceries.
NASDAQ was below 7,500 in 2019 and the Dow was below below 25k. You want that back?Its transitory bro, its transitory! Prices will go back to 2019 levels.
Not.