Key Events This Week: CPI, PCE, ADP, Durable Goods And More

Oil Holds Highs After Total Crude Stocks Rose, US Production & Gasoline Demand Dipped Oil prices reversed initial losses (Brent back above $100) on Wednesday amid persistent Middle East supply risks, as investors weighed the prospect of improved Saudi export flows and U.S.-Iran diplomacy against the potential for further disruptions. Saudi Arabia has begun testing its East-West pipeline for structural integrity and pressure, a step toward restoring oil flows after attacks knocked out the route earlier this month. Crude exports from the Red Sea port of Yanbu could restart within a...

World's Largest Chipmaker, Taiwan Semi, Accelerates Local DRAM Supply Chain With Winbond Collaboration In a time of heightened scrutiny on the memory supply chain, overnight the world's largest chipmaker, Taiwan's TSMC, is reportedly building out a domestic DRAM supply chain in Taiwan amid a severe global memory shortage, bringing in Winbond as a partner, UDN reported. TSMC and Winbond are collaborating on a localized DRAM supply chain using 3D wafer-on-wafer (WoW) stacking technology, where Winbond would supply DRAM memory wafers to be stacked with TSMC's logic wafers. The move is designed...

'An Epic Madness Burns In The Minds of Californians...' Authored by James Howard Kunstler, The California Death Trip “History records no pity for parties that choose purity over competence, vengeance over vision, pathology over pragmatism. The long night is not coming. It is here. . . . ” - LHGrey on X The Pacific Palisades fire ignited on January 7, 2025, in the very last days of the “Joe Biden” fake presidency. 6,837 total buildings destroyed plus about 1,000 damaged. The Altadena fire across town in Eaton Canyon was arguably worse: 9,418 buildings destroyed. A...