Chip makers expect demand to slow to outpace PCs and smartphones

The chip industry, which has been bracing for a tough time as laptop sales slump, is adjusting to a broader and more severe slowdown even as semiconductor companies prepare to spend billions of dollars on new plants. “The market is worse than we thought,” Mark Murphy, CFO at Memory Maker micron Technology Co., Ltd., tues. … Read more

Don’t be fooled by low headline inflation in the US. Markets will adjust to another figure on Wednesday.

All traders, investors, and economists are relying on Wednesday’s CPI report to show a drop in the headline annual inflation rate in the US for the month of July. But another number buried in the CPI data has a tendency to shake up the markets. It’s called the annual core CPI reading, and it’s a … Read more

A bustling job market is putting “booming inflation” back on the map for investors

Instead, the concern has shifted to what a crowded job market and higher costs of everything mean for stocks and bond portfolios, especially if they turn into a combination of higher growth and inflation with staying power. What do we call such a scenario? “Boomflation,” said Kent Engelk, chief economist at Capitol Securities Management, pointing … Read more