Stock Market/Investing/Day Trading/Speculative Trading Thread (2 Viewers)

[BingoDingo]

For those who don't know, TSMC is the main chip maker for Apple, Nvidia, AMD, and others...

TSMC Halts Some Chipmaking, Evacuates Plants After Major Quake

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co., the world’s largest maker of advanced chips, halted some chipmaking machinery and evacuated staff after the biggest earthquake to hit its home island in 25 years.Most Read from BloombergTrump Sues Truth Social Company Co-Founders to Zero...

finance.yahoo.com

Seems like a short term issue...

 

[LoudHogRider]

Jobs report: 303K new jobs. Rate cut hopes are fading ...

 

[BingoDingo]

Boi-oi-oi-oing.

https://www.cnbc.com/2024/04/08/tsmc-set-to-receive-up-to-6point6-billion-in-funding-for-arizona-plants-.html

Also,

Yields sort of suck...

 

[LoudHogRider]

Boi-oi-oi-oing.

https://www.cnbc.com/2024/04/08/tsmc-set-to-receive-up-to-6point6-billion-in-funding-for-arizona-plants-.html

Also,

It makes YUGE sense to get Taiwan Semiconductor expertise, equipment & manufacturing here in the US. Having 100% of the most advanced chip manufacturing in the world under China’s watchful eye is potentially a very serious thing for the rest of the world. Get it done yesterday, please.

 

[BingoDingo]

Yikes.

 

[BingoDingo]

Yields sort of suck...

 

[LoudHogRider]

Yikes.

Those inflation #'s, tho ...

 

[Faux Sean Callahan]

 

[Faux Sean Callahan]

Yikes.

Those numbers.....

 

[BingoDingo]

Those inflation #'s, tho ...

I think any projection being under 3% by EOY(the consensus about an hour ago) is pretty much gone now. We may see some seasonality get us close in Oct/Nov possibly, but yeah...pretty much gonna be above 3% until maybe April/May 25? Implications on cuts? No cuts? Lol.

 

[Faux Sean Callahan]

I think any projection being under 3% by EOY(the consensus about an hour ago) is pretty much gone now. We may see some seasonality get us close in Oct/Nov possibly, but yeah...pretty much gonna be above 3% until maybe April/May 25? Implications on cuts? No cuts? Lol.

I mean.... has anybody seen a reason to cut rates?

It feels like if they cut rates this year, they will lose their grip on inflation.

 

[Faux Sean Callahan]

 

[BingoDingo]

I mean.... has anybody seen a reason to cut rates?

It feels like if they cut rates this year, they will lose their grip on inflation.

Well, I mean, there are lots and lots of reasons to cut given financials and spreads, lol. Given that wages/employment/growth seem to be working against them...it's probably just slog city for the rest of the year. I'm not sure a quarter or half a point cut would have a sizeable impact on inflation, given that most of the inflation now is indemnity and cost inflation sectors who have embedded lag costs. No credit/liquidity issues, no need for cuts though...so yeah, who knows.

 

[2010sarenevercoming]

The Fed "managing" inflation with rate adjustments while quintupling the money supply:

 

[BingoDingo]

 

[Faux Sean Callahan]

 

[Jim14510]

The Fed "managing" inflation with rate adjustments while quintupling the money supply:

View attachment 35837

Love that gif

 

[LoudHogRider]

 

[slattimer]

Only thing I've not seen affected by inflation at all....BACON. Blows my mind.

 

[BingoDingo]

"Inflation is now building on previous years of inflation; we effectively have compounding inflation."

This statement was pretty funny though...