{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Eurodollar University","title":"We aren't supposed to say the R-word but that's what we keep finding in big ways and small.","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/77600abe\"></iframe>","width":"100%","height":180,"duration":1098,"description":"#recession #inflation #deflation #taiwan #semiconductor #apple Taiwan Semiconductor reported pretty awful results blaming the global macroeconomic environment, specifically singling out inventory bloat as well as China's failed reopening. The effects aren't being limited to that side of the Pacific; the spillover is already affecting projects in the United States. We aren't supposed to say \"recession\" yet that's what we keep finding in big ways and small. Eurodollar University's Money & Macro AnalysisReuters: TSMC sending more workers to speed up building of new Arizona planthttps://www.reuters.com/technology/tsmc-sending-more-workers-speed-up-building-new-arizona-plant-2023-06-29/CNBC: TSMC reports first profit drop in 4 years as electronics demand slump continueshttps://www.cnbc.com/2023/07/20/tsmc-q2-earnings.htmlFT: TSMC warns over deepening slump in chipmaking sectorhttps://www.ft.com/content/f433971d-fd8e-4ed3-91e9-e25a96284ea0CNBC: Apple supplier TSMC delays start of Arizona chip factoryhttps://www.cnbc.com/2023/07/20/tsmc-delays-start-of-arizona-chip-factory-that-will-build-apple-chips.htmlCNBC: Apple reports better-than-expected quarter driven by iPhone saleshttps://www.cnbc.com/2023/05/04/apple-aapl-earnings-report-q2-2023.htmlCanalys: Recovery in sight after global smartphone market declined by 11% in Q2 2023https://www.canalys.com/newsroom/global-smartphone-market-q2-2023Canalys: Worldwide smartphone shipments fall for fourth consecutive quarter, leaving market down 12% in 2022 https://www.canalys.com/newsroom/global-smartphone-market-2022LATimes: Supply of homes for sale in U.S. hits lowest level in more than two decadeshttps://www.latimes.com/business/story/2022-01-28/homes-for-sale-listings-declineTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityhttps://www.marketsinsiderpro.comhttps://www.PortfolioShield.netRealClearMarkets Essays: https://bit.ly/38tL5a7THE EPISODESYouTube: https://bit.ly/310yisLVurbl:...","thumbnail_url":"https://img.transistorcdn.com/-PtiTzNd5Hw0QA5KJSn4hxFg04siyhv-eokn_umaeKU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzkyNDMvMTY2ODk5/MjU1OS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}