by Katharina Buchholz, Aug 14, 2020After almost 1.5 years of the U.S.-China trade war, some cracks are starting to show in the commitment of U.S. companies to their China operations. In mid-2019 as well as in mid-2020, around 15 percent of companies surveyed said that they were moving at least part of their operations out of … More More U.S. Companies Are Moving Out of China
What is a small Chinese electronics factory like? We’re visiting a factory that does PCB assembly(PCBA), and final assembly (putting the finished product together and putting it in boxes). This is going deep into the Strange Parts archives – this is the first ever factory tour video I made, long before I started Strange Parts. … More Inside a Small Chinese Electronics Factory – Video
COTD – Chart of the Day Source: FiveThirtyEight
COTD: Chart of the Day The World Bank published its latest Global Economic Prospects report on Monday, providing us with another glimpse of the expected economic fallout of the COVID-19 pandemic. According to its revised forecasts, the global economy will shrink by 5.2 percent this year, which would mark the deepest recession since World War II. “This is … More COTD: COVID Growth Impact – Statista
On May 15, the administration announced that Taiwan Semiconductor Manufacturing Co., plans to build a new $12 billion factory in Arizona. In addition, Intel is considering moving some production back to the U.S., and U.S. officials is also trying to convince Samsung to the States. Call us skeptical as announcements are just that and we will … More U.S. Semi Production Hobbled By Labor Shortages
US manufacturing output fell by a post-war record of 8.1% in the three months to April. We will know if April proves to be the bottom We next week as Markit PMI has a 90% correlation with the official data, and May flash PMI data are updated next week.
Click on video Massive fiscal spending and swift Congressional action against COVID-19 differ starkly from the Great Depression. Insights by Blu Putnam. — Bloomberg QuickTake (@QuickTake) May 11, 2020
By Gary Evans and Jon Custer Custer Consulting Group Summary The Atlanta Fed’s GDP Now is estimating a -34.9 percent Q2 GDP print, which is 3.5x the largest quarterly decline in the post-WWII economy If realized, the 11.3 percent non annualized first-half GDP collapse in 2020 will approach the worse year of the Great Depression, … More Depression Data But Depression Not The Base Case