{"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 \nTaiwan 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. \nEurodollar University's Money & Macro Analysis\nReuters: TSMC sending more workers to speed up building of new Arizona plant\nhttps://www.reuters.com/technology/tsmc-sending-more-workers-speed-up-building-new-arizona-plant-2023-06-29/\nCNBC: TSMC reports first profit drop in 4 years as electronics demand slump continues\nhttps://www.cnbc.com/2023/07/20/tsmc-q2-earnings.html\nFT: TSMC warns over deepening slump in chipmaking sector\nhttps://www.ft.com/content/f433971d-fd8e-4ed3-91e9-e25a96284ea0\nCNBC: Apple supplier TSMC delays start of Arizona chip factory\nhttps://www.cnbc.com/2023/07/20/tsmc-delays-start-of-arizona-chip-factory-that-will-build-apple-chips.html\nCNBC: Apple reports better-than-expected quarter driven by iPhone sales\nhttps://www.cnbc.com/2023/05/04/apple-aapl-earnings-report-q2-2023.html\nCanalys: Recovery in sight after global smartphone market declined by 11% in Q2 2023\nhttps://www.canalys.com/newsroom/global-smartphone-market-q2-2023\nCanalys: Worldwide smartphone shipments fall for fourth consecutive quarter, leaving market down 12% in 2022 \nhttps://www.canalys.com/newsroom/global-smartphone-market-2022\nLATimes: Supply of homes for sale in U.S. hits lowest level in more than two decades\nhttps://www.latimes.com/business/story/2022-01-28/homes-for-sale-listings-decline\nTwitter: https://twitter.com/JeffSnider_AIP\nhttps://www.eurodollar.university\nhttps://www.marketsinsiderpro.com\nhttps://www.PortfolioShield.net\nRealClearMarkets Essays: https://bit.ly/38tL5a7\nTHE EPISODES\nYouTube: https://bit.ly/310yisL...","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}