Region – understanding Asia's chip cycle
My latest video, a discussion of everything you need to understand the macro implications of the huge chip cycle – what's driving it, why prices and volumes matter, the role of China, the growth and inflation consequences, and what it all means for markets.
00:00 Introduction
04:38 Summary
05:55 The chip export surge
07:54 Prices in Korea, volumes in Taiwan
09:10 Gross Domestic Product v Gross Domestic Income
11:54 Does K-shaped matter
15:37 Domestic and global inflation
17:31 External surpluses and currencies
19:11 China's role
23:13 Implications