A recent Typhoon (one of the half dozen that hammered China) refilled all their reservoirs about a month or so ago.
The one thing that complicates economics is that it's not a linear equation like they teach in Macroeconomics. The equations are more or less "true" in a vague sense but each term is actually a differential equation term in both time and other quantities.
If you are familiar with simple one variable ODEs per STEM undergrad courses, imagine the 2nd order forms but now those exist across many variables and time spans. It makes you realize that CNBC is just pulling causes/effects and making predictions out of their asses.
> A recent Typhoon (one of the half dozen that hammered China) refilled all their reservoirs about a month or so ago.
Yes I should have phrased that better, sorry. The thing is, making one wafer of chips takes roughly 3 months, and everything else has even more terrible lead times. So there's a delay in the impact of events.
The one thing that complicates economics is that it's not a linear equation like they teach in Macroeconomics. The equations are more or less "true" in a vague sense but each term is actually a differential equation term in both time and other quantities.
If you are familiar with simple one variable ODEs per STEM undergrad courses, imagine the 2nd order forms but now those exist across many variables and time spans. It makes you realize that CNBC is just pulling causes/effects and making predictions out of their asses.