Barack Obama at his last press briefing with reporters, 2017:
"I have enjoyed working with all of you. That does not, of course, mean that I've enjoyed every story that you have filed, but that's the point of this relationship. You're not supposed to be sycophants. You're supposed to be skeptics. You're supposed to ask me tough questions. You're not supposed to be complimentary, but you're supposed to cast a critical eye on folks who hold enormous power."
โChinese capacity keeps coming onto the market. The supply shortage problem has already completely disappeared." Acer CEO
Memory trade market, show me you care!!
$SMH $EWY $QQQ
Jason Chen, chairman of Taiwanese PC and IT hardware maker Acer, dismissed the memory Big 3's claim that memory prices will keep rising through 202X, saying it simply isn't true.
Specifically, he said the reason memory makers keep coming out and saying "the price uptrend will continue into 2027" is that antitrust rules prevent them from coordinating prices directly, so they use public statements to send a kind of "signal" to one another. He said a veteran like him can tell just by looking.
He also pushed back on the market narrative of a memory supply shortage:
"No. How could it stay short forever? Chinese capacity keeps coming onto the market. The supply shortage problem has already completely disappeared."
Chen also expects the cost of the SSDs and memory Acer holds in 2027 to be lower than this year. If that gets reflected in end product prices, he sees a possibility that prices at least stop rising and stabilize in the second half of next year.
Chen said prices could be raised further in 1Q27 as well. But since this is a period of pricing chaos, he expects the size of the increases to gradually shrink. He estimates component prices could peak around the middle of 2027, when the capacity that chipmakers have added is expected to start running in earnest.
After that, prices would enter a stable phase, and whether they can actually come down in the second half remains to be seen. He admitted, though, that nobody can know the exact timing of the reversal. Chen said PC selling prices coming back down is strictly "a hope."
He criticized component suppliers for treating price hikes like a fad. Countless suppliers are showing up to notify him of price increases, he said, and a whole series of components, from PCBs to glass fiber cloth to memory, are going up one after another.
He wrapped up by saying this chain of price hikes ultimately creates inflation, which in turn pushes central banks to raise rates, and that "this is not a normal phenomenon."
*This quote does not reflect my views and is shared solely for informational purposes.
There are three important sources of funding for the Kennedy Center: government, charity, and ticket sales. Congress has already allocated $256 million for the Center that Trump is holding hostage. And charity and ticket sales plummeted as soon as Trump put his name on the building. So all he has to do is step away, and people will come flooding back.
Thank you @TheLeadCNN & @jaketapper for having me!
No network should broadcast a single Trump or Vance event, speech or press conference live until his ban targeting specific media companies for their coverage is lifted. At some point you have to stop limiting your response to lawsuits and go on offense to defend the First Amend.
If every computer in the world crashed, and the internet shut down completely, Gen-X is the only generation that could survive. ๐คทโโ๏ธ
And we'd communicate in cursive, too, just to keep the rest guessing how we do it. ๐คฃ
Hands Around the Kennedy Center
Friday, September 18, 2026 @ 6:30 PM EST
The Kennedy Center, 2700 F Street NW, Washington, DC
RSVP: https://t.co/7PN4qjDRha
๐ฏ
Reminds me of the question:
โ if you didnโt know how old you are, how old would you be?
If the real inflation rate is 7%, then real rates would be/are โฆ negative.
Market, do you care?
#Gundlach
Hillary Clinton: "I love Israel, and I hate Netanyahu's government and his policies. I love America, and I hate Trump's government and policies ... if the Israelis want to vote for that again, then I think the United States has to take a very tough position."
Do not fall for this kabuki theater!
Trump, Lutnick, Bessent, Warsh, Blanche โฆ
ALL co-conspirators in corrupt cronyism colluding for concentration of power to further capitalize on their concoction for total control & government capture that crushes our core values and causes the coming collapse of our countryโs currency.