The Push for Onshoring Semiconductor Manufacturing Isn’t Going Well
In his podcast addressing the markets today, Louis Navellier offered the following commentary. So Far, So GoodThe Treasury auction is going fine. The three-year Treasury notes were sold yesterday and the yields came in a little less than expected, so there was robust demand. So far, everything seems okay, and it looks like we can finance all this. Now, the reason we can finance the Treasury auction is there is capital coming from China. China is now experiencing deflation as its economy struggles with declining exports and imports for the past few months. China’s official purchasing manager in...