HeatMap Thursday 12 Jan 2023 - CPI Print

 HeatMap Thursday 12 Jan 2023 - CPI Print

Today’s issue covers the consumer price index’s sixth straight decline, an unhappy shareholder’s fight with Disney, and another twist in the FTX saga. 📰

Check out today’s heat map:

8 of 11 sectors closed green. Energy (+1.89%) led, and consumer staples (-0.80%) lagged. 💚

Taiwan Semiconductor (+6.37%) reported a record Q4 profit but is cutting 2023 capital expenditures as chip demand softens. 🏭

Semi fight back will be a domination of semiconductor for 2023-2030.