Semis recovery secured?

via @GS_CapSF: Singapore electronics exports -26.7% Semis recovery secured. $TSM end mkts declining (although some production problems). Concerning that HPC & smartphone are declining so much.    

RECOVERY SUMMER, THE UN-IRONIC EDITION

Retail Sales and Manufacturing Are Powering U.S. Growth This Summer. Retail sales—a measure of spending at U.S. stores, websites and restaurants—rose a seasonally adjusted 0.5% in July from the prior month, the Commerce Department said Wednesday. That was well ahead …

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Does This Sound Like A Healthy Recovery To You?

1. #Subprime Auto Loans Currently defaulting at highest rate in TWO DECADES https://twitter.com/OccupyWisdom/status/1004920690137534464 2. Student Loans 11% are delinquent out of $1,480,000,000,000 TRILLION worth of debt……..so about $154,000,000,000 BILLION https://twitter.com/OccupyWisdom/status/1004920698106675200 3. Credit card delinquency rates (not top 100 banks by …

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