Yes panel on cnbc friday eluded to fact that as jobs have risen gdp is falling and were calling for a global recession. Not a lot of optimism out there right now
The reality is that the other chip makers news implies that we too will see some adjustments to earnings, no way otherwise. We are the best of the semis and probably will see the most minimal of the group but I have accepted we must hear what the forward guidance is.
biggest downside risk I see is the idiot Lacker this am calling for 4 fed fund rate increases this year
Yeah thats just #$%$, and setting the inflation bar at 2% ridiculous. $ rate hikles will destroy everything that has been gained which isnt much
#$%$ whoda thought. Would not buy more yet. Could just be a reaction to being oversold and will settle back again
Nice article in fortune discussing the lack of reliability of supply chain checks and how analysts should be called out for using this information to recalculate earnings. CRUS being 70% business tied to aapl will be the best barometer.
do not buy the lgcyp. very illiquid, spreads on bid ask are much wider and if you want to dump good luck usually no buyers
I'm baffled because he said there is more market turbulence in the market than in the demand in China. Although he alluded demand was not robust it was not without good demand. He sounded ok and not reflective of 30% drkp