In spite of the noise in global markets, it’s August – does anyone care? Investors celebrated the weaker-than-expected U.S. jobs report on Friday, rounding out a week in which both global stocks and bonds rallied. The U.S. jobs report pushed markets to price a higher probability that the Fed will hold rates steady in September and begin cutting later in the year, so stocks – especially more interest-rate sensitive stocks like small caps (e.g. the Russell 2000 index) – ra

Stocks and bonds diverged last week, as volatility kicked into high gear especially around semi-conductor stocks. Yields came in across the curve as long term inflation expectations subsided. Gold and Bitcoin lost ground, and the US Dollar continued to grind higher.

This article looks at the semi-conductor value chain and explores the opportunities for investors. It's not easy to evaluate many of the companies, and the valuations are stretched already.

This article takes a quick look at the semi-conductor value-chain, including chip designers, fabricators and chip machinery makers.

Although the advance in equities slowed, it certainly did not stop even as yields pushed higher off of better-than-expected PMI data.

Get ready for the next FOMC meeting and a market rip following the debt ceiling agreement. Want to better understand semiconductors?