75 Bps Hike.The Federal Open Market Committee (FOMC) concluded on 15 June and as expected, interest rate on the upper range of Fed Fund rate was raised by 75bps to 1.75%. This is the largest since 1994 in a bid to ease runaway inflation which came in at 8.6% yoy in May 22.Many have argued that the Fed have been extremely late in the curve last year in addressing that inflation by considering that it was largely transitory.However, it is proved that inflation is stickier than previously thought given the supply side issues have been further exacerbated by on-going supply chain disruptions and the geopolitical crisis between Russia and Ukraine.The Fed continue to guide July’s FOMC rates increase in the range of 50-75bps and forecast a 3.25%-3.5% by end of 2022.Some impacts may
Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out "T.I.G.E.R" during your journey for a chance to receive the limited edition 8th Anniversary Gi
TSM's May revenue is NT185.705 Billion. If this revenue is the floor for the rest of the year, TSM will have 36% YoY increase. I know there are addition of 3NM and 4NM on the Q3/Q4, so will it be 40% YoY?TSMC's management needs to raise the 2022 revenue target from mid-high 20% to mid-high 30% on the 2nd quarter earning report. Current target of 30% is so conservative, and the naysayer think the rest of the year, and the year 2023 will be flat and possibly negative, so the stock price is so depressed, my 2 cents.Personally, I do not think the slow down will happen on TSM this year and there are additional capacity add-on Q3/Q4 and 2023 to reach the 2023 growth rate of 20%+ Go TSM$Taiwan Semiconductor Manufacturing(TSM)$