The Sy Hersh effect: killing the messenger, ignoring the message

Goldman's Meeting With Top Memory Supplier Points To Higher Prices As Crunch Worsens The high-bandwidth memory (HBM) shortage is already pressuring the margins of consumer electronics companies, disrupting product launches, and pushing up the prices of TVs and computers. The latest development is Valve's handheld gaming PC, which is reportedly out of stock in select regions as the memory crunch now filters into retail availability. We have been leaning on institutional channel checks across the semis and hardware coverage universe to gain an insider's perspective on what's happening across the...

Earlier this week, Israel announced that they’d begun their ground invasion of southern Lebanon. Early fighting was reported around the city of Khiam. That just continues to worsen, according to reports, and is starting to spread to other areas of the border region. In addition to Khiam, locals in the border village of Ayta al-Shaab […]

All's Not So Quiet On Any Front Authored by James Howard Kunstler, Project Freedom. Cute move! Notice that it’s not Operation Freedom. That would frame it as a military move. The President is tactically framing this as a humanitarian action. Mr. Trump has advised Congress as of May 1 that hostilities with Iran (Operation Epic Fury) are terminated, at the 60-day limit of the War Powers Resolution. Commercial ships from countries not involved in the Iran / US dispute will now get escorted safely through the Strait of Hormuz by US naval vessels. (Later...