DRAMageddon Deepens As Samsung Prepares 20% Memory Price Hike

Knife-Wielding Maniac Woman Shot Dead In Times Square Unhinged middle-aged women are hitting the news feeds hard this month.  NYC police were forced to shoot a woman dead this week after she pulled two knives from a shopping bag in the middle of Times Square and went on a random stabbing spree.  At least one 68-year-old man was severely injured and another 32-year-old female victim was killed after being stabbed in the abdomen.  The shooting happened just before 4:30 p.m. next to a New York Police Department substation, just outside One Times...

Weather & Weak Demand Drive US PMIs Down To 10-Month Lows In February, But... While 'hard' data has been fading modestly in recent weeks, 'soft' survey data has bounced back but today we get a first glimpse at February's PMIs from S&P Global to see if that survey-based confidence is continuing. It is not as both Manufacturing and Services PMIs dropped notably., Flash US Services PMI Business Activity Index: 52.3 (January: 52.7). 10-month low. Flash US Manufacturing PMI: 51.2 (January: 52.4). 7-month low.    Source: Bloomberg Overall that dragged the US Composite PMI down...

Key Events This Holiday-Shortened Week: Payrolls, PMI, ISM, Retail Sales And Fed Speech Looking at the week ahead, we should start to learn about the economic consequences of the conflict, as several data releases for March are out which cover the period since the strikes began on February 28. In the US, that includes the monthly jobs report on Friday - which falls on a Holday when stocks are closed, while bonds are open for half a day -  where economists expect nonfarm payrolls to have risen by +60k in March. As...