Asia Leads Global Value Rotation On Chip Woes

Judge Blocks Trump Admin's Move To Halt Wind, Solar Approvals Authored by Owen Evans via The Epoch Times, A federal judge on Tuesday blocked the Trump administration’s efforts to halt federal approvals for wind and solar projects. Chief U.S. District Judge Denise Casper in Boston issued a preliminary injunction on April 21, sought by a coalition of renewable energy groups. The injunction blocks five specified agency action measures, including Interior review rules, a wildlife permitting ban, land-use limits, an Army Corps memo, and a legal opinion that had tightened permitting and slowed wind...

Trump Admin Working To Ease Memory Chip Crunch And Soaring Prices With Supply Chain Coalition In a world where high commodity prices are the cure for high commodity prices, it was only a matter of time before we saw a surge in oil output in response to near-record oil prices, as Diamondback did ovenright. The same logic applies to memory chips, another commodity, whose prices have exploded in recent months due to soaring demand by data centers. And while markets expect prices to drop once more supply comes on line, the...

The White House leaks that a deal is almost done. Markets surge. Insiders profit. The deal collapses. Repeat. Now the markets barely move. Nobody believes it anymore. A government that cries wolf this many times eventually finds itself alone.