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Alvintan87

Alvintan87

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2021-09-17

Oh so AMC and GME can still buy and hodl? Bullish!

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2021-07-08

Should buy the dip?

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2021-06-22

Good

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2021-06-17

Ok

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2021-06-17

Disagree, nothing beats the cinema experience. No matter what, watching a movie on a large screen in a cinema is always a good experience, a different one from streaming.

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2021-06-17

Should buy?

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2021-06-15

Ok

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2021-06-15

Ok

Here’s what the market wants — and doesn’t want — to hear from Powell at this week’s Fed meeting<blockquote>以下是市场希望——和不希望——在本周的美联储会议上听到鲍威尔的话</blockquote>

2021-06-15

Hopefully the other crypto currencies also go up!

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2021-06-15

Cool

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2021-06-15

Wow

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2021-06-10

Which means even if there is a squeeze, the economy will still be all right. No worries please buy more.

Goldman Explains Why The Economy Won't Overheat, No Matter What Today's CPI Shows<blockquote>高盛解释了为什么无论今天的消费者物价指数显示什么，经济都不会过热</blockquote>

2021-06-09

$AMC Networks(AMCX)$Hello guys, if you are here for the popular AMC stocks, you are in the wrong place! Please go to $AMC Entertainment(AMC)$instead!!

2021-06-07

Buy and Hodl my fellow apes!!

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2021-06-04

$AMC Entertainment(AMC)$lets all HODL!! To the moon!

2021-05-31

Thanks for the info!

Is the Stock Market Open Today? Here Are the Hours on Memorial Day 2021.<blockquote>今天股市开市吗？以下是2021年阵亡将士纪念日的时间。</blockquote>

2021-05-28

Can continue to buy?

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2021-05-28

Ok

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2021-05-21

Finally!

Nvidia announces four-for-one stock split<blockquote>英伟达宣布四比一的股票分割</blockquote>

2021-05-20

All right

5 Stocks To Watch For May 20, 2021<blockquote>2021年5月20日值得关注的5只股票</blockquote>

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I knew him, Horatio.\" MARKETWATCH PHOTO ILLUSTRATION/GET","content":"<p>All eyes on the Fed!</p><p><blockquote>所有人都在关注美联储！</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4c83a98ead1e0406f6e21bde6e1f550\" tg-width=\"1260\" tg-height=\"876\"><span>\"Alas, poor inflation! I knew him, Horatio.\" MARKETWATCH PHOTO ILLUSTRATION/GETTY IMAGES, EVERETT COLLECTION</span></p><p><blockquote><p class=\"t-img-caption\"><span>“唉，可怜的通货膨胀！我认识他，霍雷肖。”MARKETWATCH照片插图/盖蒂图片社，埃弗雷特收藏</span></p></blockquote></p><p> You couldn’t fault Wall Street for envisaging a bit of Hamlet in Jerome Powell at the Federal Open Market Committee’s June policy meeting this coming week:</p><p><blockquote>你不能责怪华尔街在下周的联邦公开市场委员会六月政策会议上设想杰罗姆·鲍威尔有点像哈姆雷特：</blockquote></p><p> Transitory, or not transitory?</p><p><blockquote>短暂的，还是不短暂的？</blockquote></p><p> Therein lies the question that the interest rate-setting Fed committee needs to answer for financial markets on Wednesday, at the conclusion of the FOMC’s two-day gathering.</p><p><blockquote>这就是周三FOMC为期两天的会议结束时，制定利率的美联储委员会需要为金融市场回答的问题。</blockquote></p><p> Whether ’tis nobler in the mind to suffer the slings and arrows of outrageous inflation or to take arms against a sea of troubles, as Hamlet might have said if he had been a central bank governor.</p><p><blockquote>如果哈姆雷特是央行行长，他可能会说，忍受令人愤慨的通货膨胀的弹弓和箭，还是拿起武器对抗麻烦的海洋，在思想上更高尚。</blockquote></p><p> Of course, no one is expecting fireworks at this coming meeting but it could still proof a pivotal point for stocks and bonds.</p><p><blockquote>当然，没有人预计即将到来的会议会有烟花，但它仍可能证明是股票和债券的关键点。</blockquote></p><p> That is especially true with the S&amp;P 500 index,the Dow Jones Industrial Average,and the Nasdaq Composite Index,hovering at, or near, record closing highs.</p><p><blockquote>标普500指数、道琼斯工业平均指数和纳斯达克综合指数尤其如此，它们徘徊在或接近历史收盘高点。</blockquote></p><p> The Fed meeting comes against the backdrop of growing evidence of pricing pressures building in the economy as it recovers from the COVID pandemic of the past year and vaccination rollouts allow businesses to return to some semblance of normality.</p><p><blockquote>美联储会议召开之际，越来越多的证据表明，随着经济从过去一年的新冠疫情中复苏，以及疫苗接种的推出使企业恢复了某种程度的正常状态，定价压力正在加大。</blockquote></p><p> Last Thursday’s&nbsp;consumer-price index report&nbsp;from the U.S. Labor Department showed that the cost of living surged in May and drove the&nbsp;pace of inflation&nbsp;to a 13-year high of 5%, reflecting a broad increase in prices confronting Americans.</p><p><blockquote>美国劳工部上周四发布的消费者价格指数报告显示，5月份生活成本飙升，推动通胀率升至5%的13年高点，反映出美国人面临的物价普遍上涨。</blockquote></p><p> “The critical question now is whether this elevated rate of inflation is ‘transitory’ or whether higher prices risk becoming psychologically entrenched,” wrote Matt Weller, global head of market research at Forex.com in a Friday research note.</p><p><blockquote>Forex.com全球市场研究主管马特·韦勒(Matt Weller)在周五的一份研究报告中写道：“现在的关键问题是，通胀率上升是否是‘暂时的’，或者价格上涨是否有可能在心理上根深蒂固。”</blockquote></p><p> The fixed-income market may already have had its say on inflation, with the yields on the 10-year Treasury note&nbsp;and the 30-year Treasury bond&nbsp;hanging around their lowest levels since at least early March.</p><p><blockquote>固定收益市场可能已经对通胀有了发言权，10年期国债和30年期国债收益率徘徊在至少3月初以来的最低水平附近。</blockquote></p><p> Treasury and stock-market investors are viewing the surge in inflation as fostered by supply chain distortions as consumers splurge after the pandemic, along with statistical base effects as last year’s falling prices drop out of the annual calculations, and therefore likely to be fleeting.</p><p><blockquote>财政部和股市投资者认为，随着消费者在大流行后挥霍，供应链扭曲加剧了通胀飙升，以及去年价格下跌退出年度计算的统计基数效应，因此可能转瞬即逝。</blockquote></p><p> Is isn’t clear exactly however what transitory means — months, years ? How long are elevated levels of inflation to be tolerated before market participants and the Fed lose patience with inflation that undermines asset prices?</p><p><blockquote>然而，不清楚过渡到底是什么意思——几个月、几年？在市场参与者和美联储对破坏资产价格的通胀失去耐心之前，高通胀水平还要容忍多久？</blockquote></p><p> “Going forward to the end of 2021 and into 2022, policy makers continue to expect inflation to subside back down nearer their 2% objective, is a message the Committee is likely to reiterate at next week’s meeting,” wrote Lindsey Piegza, chief economist at Stifel in a Friday note.</p><p><blockquote>首席经济学家Lindsey Piegza写道：“展望2021年底和2022年，政策制定者继续预计通胀将回落至接近2%的目标，委员会可能会在下周的会议上重申这一信息。”Stifel在周五的一份报告中。</blockquote></p><p> “That being said, the U.S. economy is clearly gaining momentum, with the labor market adding more than 500,000 jobs a month. Therefore, while no policy adjustment is expected in June, nor an announcement of a timeline for an eventual adjustment to policy, at least some Fed members are expected to push for a discussion in the coming months regarding an eventual rollback of emergency measures,” she said.</p><p><blockquote>“话虽如此，美国经济显然正在获得动力，劳动力市场每月增加超过50万个工作岗位。因此，虽然预计6月份不会进行政策调整，也不会宣布最终调整政策的时间表，但至少一些美联储成员预计将在未来几个月推动讨论最终取消紧急措施，”她说。</blockquote></p><p> Some traders, analysts and economists are betting the Fed will aim to articulate the view that the tapering of its $120 billion a month purchase of assets, implemented during the worst of the pandemic, will begin by towards the end of 2021.</p><p><blockquote>一些交易员、分析师和经济学家押注，美联储将致力于阐明这样一种观点，即在疫情最严重时期实施的每月1200亿美元资产购买计划将于2021年底开始缩减。</blockquote></p><p> The Fed may talk about talking about tapering in June and by August or September begin the work toward a roll back.</p><p><blockquote>美联储可能会在6月份谈论缩减规模，并在8月或9月开始缩减规模。</blockquote></p><p> In the face of rising inflation, the timing of any tapering looks tricky for the U.S. central bank since the recovery in the labor market still looks shaky, relative to the the demand for workers, and is reflected in the&nbsp;weaker-than-expected May nonfarm payrolls report&nbsp;and the job openings data from last week&nbsp;which hit a record 9.3 million.</p><p><blockquote>面对通胀上升，任何缩减购债规模的时机对美联储来说都很棘手，因为相对于对工人的需求，劳动力市场的复苏看起来仍然不稳定，这反映在弱于预期的5月份非农就业报告和上周的职位空缺数据达到创纪录的930万个。</blockquote></p><p> Lawrence Gillum, fixed-income strategist for LPL Financial, said that the key thing the market wants to here is the timing of the Fed’s tapering. He also noted the tapering of the central bank’s $40 billion of mortgage-backed securities in particular will be important because the housing market is widely viewed as overheated.</p><p><blockquote>LPL Financial固定收益策略师Lawrence Gillum表示，市场想要的关键是美联储缩减购债规模的时机。他还指出，央行缩减400亿美元抵押贷款支持证券尤其重要，因为人们普遍认为房地产市场过热。</blockquote></p><p> “The main thing we’d like to hear next week is how and when the Fed plans to reduce its bond purchase programs,” Gillum said.</p><p><blockquote>吉勒姆表示：“下周我们最想听到的是美联储计划如何以及何时缩减债券购买计划。”</blockquote></p><p> “Additionally, why the Fed continues to buy $40 billion in mortgage securities every month when the housing market, by all accounts, doesn’t need that support. Will we get that clarity? Probably not,” he offered.</p><p><blockquote>“此外，为什么美联储继续每月购买400亿美元的抵押贷款证券，而从各方面来看，房地产市场都不需要这种支持。我们会弄清楚吗？可能不会，”他提出。</blockquote></p><p> Andrew Hunter, senior U.S. economist at Capital Economics, in a Friday report, said that in that context, he still expects policy makers to convey a go-slow approach to any scaling back of monetary accommodation.</p><p><blockquote>凯投宏观(Capital Economics)美国高级经济学家安德鲁·亨特(Andrew Hunter)在周五的一份报告中表示，在这种背景下，他仍然预计政策制定者将对任何缩减货币宽松政策采取缓慢态度。</blockquote></p><p></p><p> “While we suspect that Fed officials may finally begin ‘talking about talking about’ tapering their asset purchases at next week’s&nbsp;FOMC meeting, they are likely to emphasize that the economy is still some way from making ‘substantial further progress’ towards their goals,” he said.</p><p><blockquote>“虽然我们怀疑美联储官员可能最终会在下周的FOMC会议上开始‘谈论谈论’缩减资产购买，但他们很可能会强调，经济距离朝着他们的目标取得‘实质性的进一步进展’还有一段路要走，”他说。</blockquote></p><p> Indeed, Peter Essele, head of investment management for Commonwealth Financial Network&nbsp;said the market may need to hear more dovishness from Fed officials, even as they circumnavigate the notion of scaling back easy-money policies.</p><p><blockquote>事实上，联邦金融网络投资管理主管Peter Essele表示，市场可能需要听到美联储官员更多的鸽派言论，即使他们回避了缩减宽松货币政策的想法。</blockquote></p><p> “Market participants are clearly expecting a dovish tone from the Fed next week, as evidenced by the recent path of interest rates,” Essele told MarketWatch in emailed comments.</p><p><blockquote>埃塞尔在电子邮件评论中对MarketWatch表示：“市场参与者显然预计美联储下周将采取鸽派基调，最近的利率走势就证明了这一点。”</blockquote></p><p> “We expect the Fed will keep its foot on the accommodative pedal next week, which won’t change until inflation is no longer transitory and the economy is back to full employment,” Essele said.</p><p><blockquote>Essele表示：“我们预计美联储下周将继续踩下宽松踏板，在通胀不再是暂时的、经济恢复充分就业之前，这种情况不会改变。”</blockquote></p><p> “Until then, Treasury rates should remain range-bound on the long end and anchored on the short end, offering bond investors little to worry about in the near term,” he said.</p><p><blockquote>他表示：“在此之前，美国国债利率应保持长期区间波动，短期锚定，短期内债券投资者无需担心。”</blockquote></p><p> <b>What else is on investors’ radar?</b></p><p><blockquote><b>投资者还关注什么？</b></blockquote></p><p> Meanwhile, the only other main item on the docket for next week is U.S. May retail sales on Tuesday, while investors continue to watch negotiations between the Biden administration and Republicans on an infrastructure spending plan, given it has implications for economic growth and debt issuance.</p><p><blockquote>与此同时，下周议程上唯一的另一个主要项目是周二的美国5月零售销售，而投资者将继续关注拜登政府与共和党之间关于基础设施支出计划的谈判，因为该计划对经济增长和债务发行有影响。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here’s what the market wants — and doesn’t want — to hear from Powell at this week’s Fed meeting<blockquote>以下是市场希望——和不希望——在本周的美联储会议上听到鲍威尔的话</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere’s what the market wants — and doesn’t want — to hear from Powell at this week’s Fed meeting<blockquote>以下是市场希望——和不希望——在本周的美联储会议上听到鲍威尔的话</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-06-14 07:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>All eyes on the Fed!</p><p><blockquote>所有人都在关注美联储！</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4c83a98ead1e0406f6e21bde6e1f550\" tg-width=\"1260\" tg-height=\"876\"><span>\"Alas, poor inflation! I knew him, Horatio.\" MARKETWATCH PHOTO ILLUSTRATION/GETTY IMAGES, EVERETT COLLECTION</span></p><p><blockquote><p class=\"t-img-caption\"><span>“唉，可怜的通货膨胀！我认识他，霍雷肖。”MARKETWATCH照片插图/盖蒂图片社，埃弗雷特收藏</span></p></blockquote></p><p> You couldn’t fault Wall Street for envisaging a bit of Hamlet in Jerome Powell at the Federal Open Market Committee’s June policy meeting this coming week:</p><p><blockquote>你不能责怪华尔街在下周的联邦公开市场委员会六月政策会议上设想杰罗姆·鲍威尔有点像哈姆雷特：</blockquote></p><p> Transitory, or not transitory?</p><p><blockquote>短暂的，还是不短暂的？</blockquote></p><p> Therein lies the question that the interest rate-setting Fed committee needs to answer for financial markets on Wednesday, at the conclusion of the FOMC’s two-day gathering.</p><p><blockquote>这就是周三FOMC为期两天的会议结束时，制定利率的美联储委员会需要为金融市场回答的问题。</blockquote></p><p> Whether ’tis nobler in the mind to suffer the slings and arrows of outrageous inflation or to take arms against a sea of troubles, as Hamlet might have said if he had been a central bank governor.</p><p><blockquote>如果哈姆雷特是央行行长，他可能会说，忍受令人愤慨的通货膨胀的弹弓和箭，还是拿起武器对抗麻烦的海洋，在思想上更高尚。</blockquote></p><p> Of course, no one is expecting fireworks at this coming meeting but it could still proof a pivotal point for stocks and bonds.</p><p><blockquote>当然，没有人预计即将到来的会议会有烟花，但它仍可能证明是股票和债券的关键点。</blockquote></p><p> That is especially true with the S&amp;P 500 index,the Dow Jones Industrial Average,and the Nasdaq Composite Index,hovering at, or near, record closing highs.</p><p><blockquote>标普500指数、道琼斯工业平均指数和纳斯达克综合指数尤其如此，它们徘徊在或接近历史收盘高点。</blockquote></p><p> The Fed meeting comes against the backdrop of growing evidence of pricing pressures building in the economy as it recovers from the COVID pandemic of the past year and vaccination rollouts allow businesses to return to some semblance of normality.</p><p><blockquote>美联储会议召开之际，越来越多的证据表明，随着经济从过去一年的新冠疫情中复苏，以及疫苗接种的推出使企业恢复了某种程度的正常状态，定价压力正在加大。</blockquote></p><p> Last Thursday’s&nbsp;consumer-price index report&nbsp;from the U.S. Labor Department showed that the cost of living surged in May and drove the&nbsp;pace of inflation&nbsp;to a 13-year high of 5%, reflecting a broad increase in prices confronting Americans.</p><p><blockquote>美国劳工部上周四发布的消费者价格指数报告显示，5月份生活成本飙升，推动通胀率升至5%的13年高点，反映出美国人面临的物价普遍上涨。</blockquote></p><p> “The critical question now is whether this elevated rate of inflation is ‘transitory’ or whether higher prices risk becoming psychologically entrenched,” wrote Matt Weller, global head of market research at Forex.com in a Friday research note.</p><p><blockquote>Forex.com全球市场研究主管马特·韦勒(Matt Weller)在周五的一份研究报告中写道：“现在的关键问题是，通胀率上升是否是‘暂时的’，或者价格上涨是否有可能在心理上根深蒂固。”</blockquote></p><p> The fixed-income market may already have had its say on inflation, with the yields on the 10-year Treasury note&nbsp;and the 30-year Treasury bond&nbsp;hanging around their lowest levels since at least early March.</p><p><blockquote>固定收益市场可能已经对通胀有了发言权，10年期国债和30年期国债收益率徘徊在至少3月初以来的最低水平附近。</blockquote></p><p> Treasury and stock-market investors are viewing the surge in inflation as fostered by supply chain distortions as consumers splurge after the pandemic, along with statistical base effects as last year’s falling prices drop out of the annual calculations, and therefore likely to be fleeting.</p><p><blockquote>财政部和股市投资者认为，随着消费者在大流行后挥霍，供应链扭曲加剧了通胀飙升，以及去年价格下跌退出年度计算的统计基数效应，因此可能转瞬即逝。</blockquote></p><p> Is isn’t clear exactly however what transitory means — months, years ? How long are elevated levels of inflation to be tolerated before market participants and the Fed lose patience with inflation that undermines asset prices?</p><p><blockquote>然而，不清楚过渡到底是什么意思——几个月、几年？在市场参与者和美联储对破坏资产价格的通胀失去耐心之前，高通胀水平还要容忍多久？</blockquote></p><p> “Going forward to the end of 2021 and into 2022, policy makers continue to expect inflation to subside back down nearer their 2% objective, is a message the Committee is likely to reiterate at next week’s meeting,” wrote Lindsey Piegza, chief economist at Stifel in a Friday note.</p><p><blockquote>首席经济学家Lindsey Piegza写道：“展望2021年底和2022年，政策制定者继续预计通胀将回落至接近2%的目标，委员会可能会在下周的会议上重申这一信息。”Stifel在周五的一份报告中。</blockquote></p><p> “That being said, the U.S. economy is clearly gaining momentum, with the labor market adding more than 500,000 jobs a month. Therefore, while no policy adjustment is expected in June, nor an announcement of a timeline for an eventual adjustment to policy, at least some Fed members are expected to push for a discussion in the coming months regarding an eventual rollback of emergency measures,” she said.</p><p><blockquote>“话虽如此，美国经济显然正在获得动力，劳动力市场每月增加超过50万个工作岗位。因此，虽然预计6月份不会进行政策调整，也不会宣布最终调整政策的时间表，但至少一些美联储成员预计将在未来几个月推动讨论最终取消紧急措施，”她说。</blockquote></p><p> Some traders, analysts and economists are betting the Fed will aim to articulate the view that the tapering of its $120 billion a month purchase of assets, implemented during the worst of the pandemic, will begin by towards the end of 2021.</p><p><blockquote>一些交易员、分析师和经济学家押注，美联储将致力于阐明这样一种观点，即在疫情最严重时期实施的每月1200亿美元资产购买计划将于2021年底开始缩减。</blockquote></p><p> The Fed may talk about talking about tapering in June and by August or September begin the work toward a roll back.</p><p><blockquote>美联储可能会在6月份谈论缩减规模，并在8月或9月开始缩减规模。</blockquote></p><p> In the face of rising inflation, the timing of any tapering looks tricky for the U.S. central bank since the recovery in the labor market still looks shaky, relative to the the demand for workers, and is reflected in the&nbsp;weaker-than-expected May nonfarm payrolls report&nbsp;and the job openings data from last week&nbsp;which hit a record 9.3 million.</p><p><blockquote>面对通胀上升，任何缩减购债规模的时机对美联储来说都很棘手，因为相对于对工人的需求，劳动力市场的复苏看起来仍然不稳定，这反映在弱于预期的5月份非农就业报告和上周的职位空缺数据达到创纪录的930万个。</blockquote></p><p> Lawrence Gillum, fixed-income strategist for LPL Financial, said that the key thing the market wants to here is the timing of the Fed’s tapering. He also noted the tapering of the central bank’s $40 billion of mortgage-backed securities in particular will be important because the housing market is widely viewed as overheated.</p><p><blockquote>LPL Financial固定收益策略师Lawrence Gillum表示，市场想要的关键是美联储缩减购债规模的时机。他还指出，央行缩减400亿美元抵押贷款支持证券尤其重要，因为人们普遍认为房地产市场过热。</blockquote></p><p> “The main thing we’d like to hear next week is how and when the Fed plans to reduce its bond purchase programs,” Gillum said.</p><p><blockquote>吉勒姆表示：“下周我们最想听到的是美联储计划如何以及何时缩减债券购买计划。”</blockquote></p><p> “Additionally, why the Fed continues to buy $40 billion in mortgage securities every month when the housing market, by all accounts, doesn’t need that support. Will we get that clarity? Probably not,” he offered.</p><p><blockquote>“此外，为什么美联储继续每月购买400亿美元的抵押贷款证券，而从各方面来看，房地产市场都不需要这种支持。我们会弄清楚吗？可能不会，”他提出。</blockquote></p><p> Andrew Hunter, senior U.S. economist at Capital Economics, in a Friday report, said that in that context, he still expects policy makers to convey a go-slow approach to any scaling back of monetary accommodation.</p><p><blockquote>凯投宏观(Capital Economics)美国高级经济学家安德鲁·亨特(Andrew Hunter)在周五的一份报告中表示，在这种背景下，他仍然预计政策制定者将对任何缩减货币宽松政策采取缓慢态度。</blockquote></p><p></p><p> “While we suspect that Fed officials may finally begin ‘talking about talking about’ tapering their asset purchases at next week’s&nbsp;FOMC meeting, they are likely to emphasize that the economy is still some way from making ‘substantial further progress’ towards their goals,” he said.</p><p><blockquote>“虽然我们怀疑美联储官员可能最终会在下周的FOMC会议上开始‘谈论谈论’缩减资产购买，但他们很可能会强调，经济距离朝着他们的目标取得‘实质性的进一步进展’还有一段路要走，”他说。</blockquote></p><p> Indeed, Peter Essele, head of investment management for Commonwealth Financial Network&nbsp;said the market may need to hear more dovishness from Fed officials, even as they circumnavigate the notion of scaling back easy-money policies.</p><p><blockquote>事实上，联邦金融网络投资管理主管Peter Essele表示，市场可能需要听到美联储官员更多的鸽派言论，即使他们回避了缩减宽松货币政策的想法。</blockquote></p><p> “Market participants are clearly expecting a dovish tone from the Fed next week, as evidenced by the recent path of interest rates,” Essele told MarketWatch in emailed comments.</p><p><blockquote>埃塞尔在电子邮件评论中对MarketWatch表示：“市场参与者显然预计美联储下周将采取鸽派基调，最近的利率走势就证明了这一点。”</blockquote></p><p> “We expect the Fed will keep its foot on the accommodative pedal next week, which won’t change until inflation is no longer transitory and the economy is back to full employment,” Essele said.</p><p><blockquote>Essele表示：“我们预计美联储下周将继续踩下宽松踏板，在通胀不再是暂时的、经济恢复充分就业之前，这种情况不会改变。”</blockquote></p><p> “Until then, Treasury rates should remain range-bound on the long end and anchored on the short end, offering bond investors little to worry about in the near term,” he said.</p><p><blockquote>他表示：“在此之前，美国国债利率应保持长期区间波动，短期锚定，短期内债券投资者无需担心。”</blockquote></p><p> <b>What else is on investors’ radar?</b></p><p><blockquote><b>投资者还关注什么？</b></blockquote></p><p> Meanwhile, the only other main item on the docket for next week is U.S. May retail sales on Tuesday, while investors continue to watch negotiations between the Biden administration and Republicans on an infrastructure spending plan, given it has implications for economic growth and debt issuance.</p><p><blockquote>与此同时，下周议程上唯一的另一个主要项目是周二的美国5月零售销售，而投资者将继续关注拜登政府与共和党之间关于基础设施支出计划的谈判，因为该计划对经济增长和债务发行有影响。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/heres-what-the-market-wants-and-doesnt-want-to-hear-from-powell-at-next-weeks-fed-meeting-11623452360?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/heres-what-the-market-wants-and-doesnt-want-to-hear-from-powell-at-next-weeks-fed-meeting-11623452360?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142788371","content_text":"All eyes on the Fed!\n\"Alas, poor inflation! I knew him, Horatio.\" MARKETWATCH PHOTO ILLUSTRATION/GETTY IMAGES, EVERETT COLLECTION\nYou couldn’t fault Wall Street for envisaging a bit of Hamlet in Jerome Powell at the Federal Open Market Committee’s June policy meeting this coming week:\nTransitory, or not transitory?\nTherein lies the question that the interest rate-setting Fed committee needs to answer for financial markets on Wednesday, at the conclusion of the FOMC’s two-day gathering.\nWhether ’tis nobler in the mind to suffer the slings and arrows of outrageous inflation or to take arms against a sea of troubles, as Hamlet might have said if he had been a central bank governor.\nOf course, no one is expecting fireworks at this coming meeting but it could still proof a pivotal point for stocks and bonds.\nThat is especially true with the S&P 500 index,the Dow Jones Industrial Average,and the Nasdaq Composite Index,hovering at, or near, record closing highs.\nThe Fed meeting comes against the backdrop of growing evidence of pricing pressures building in the economy as it recovers from the COVID pandemic of the past year and vaccination rollouts allow businesses to return to some semblance of normality.\nLast Thursday’s consumer-price index report from the U.S. Labor Department showed that the cost of living surged in May and drove the pace of inflation to a 13-year high of 5%, reflecting a broad increase in prices confronting Americans.\n“The critical question now is whether this elevated rate of inflation is ‘transitory’ or whether higher prices risk becoming psychologically entrenched,” wrote Matt Weller, global head of market research at Forex.com in a Friday research note.\nThe fixed-income market may already have had its say on inflation, with the yields on the 10-year Treasury note and the 30-year Treasury bond hanging around their lowest levels since at least early March.\nTreasury and stock-market investors are viewing the surge in inflation as fostered by supply chain distortions as consumers splurge after the pandemic, along with statistical base effects as last year’s falling prices drop out of the annual calculations, and therefore likely to be fleeting.\nIs isn’t clear exactly however what transitory means — months, years ? How long are elevated levels of inflation to be tolerated before market participants and the Fed lose patience with inflation that undermines asset prices?\n“Going forward to the end of 2021 and into 2022, policy makers continue to expect inflation to subside back down nearer their 2% objective, is a message the Committee is likely to reiterate at next week’s meeting,” wrote Lindsey Piegza, chief economist at Stifel in a Friday note.\n“That being said, the U.S. economy is clearly gaining momentum, with the labor market adding more than 500,000 jobs a month. Therefore, while no policy adjustment is expected in June, nor an announcement of a timeline for an eventual adjustment to policy, at least some Fed members are expected to push for a discussion in the coming months regarding an eventual rollback of emergency measures,” she said.\nSome traders, analysts and economists are betting the Fed will aim to articulate the view that the tapering of its $120 billion a month purchase of assets, implemented during the worst of the pandemic, will begin by towards the end of 2021.\nThe Fed may talk about talking about tapering in June and by August or September begin the work toward a roll back.\nIn the face of rising inflation, the timing of any tapering looks tricky for the U.S. central bank since the recovery in the labor market still looks shaky, relative to the the demand for workers, and is reflected in the weaker-than-expected May nonfarm payrolls report and the job openings data from last week which hit a record 9.3 million.\nLawrence Gillum, fixed-income strategist for LPL Financial, said that the key thing the market wants to here is the timing of the Fed’s tapering. He also noted the tapering of the central bank’s $40 billion of mortgage-backed securities in particular will be important because the housing market is widely viewed as overheated.\n“The main thing we’d like to hear next week is how and when the Fed plans to reduce its bond purchase programs,” Gillum said.\n“Additionally, why the Fed continues to buy $40 billion in mortgage securities every month when the housing market, by all accounts, doesn’t need that support. Will we get that clarity? Probably not,” he offered.\nAndrew Hunter, senior U.S. economist at Capital Economics, in a Friday report, said that in that context, he still expects policy makers to convey a go-slow approach to any scaling back of monetary accommodation.\n“While we suspect that Fed officials may finally begin ‘talking about talking about’ tapering their asset purchases at next week’s FOMC meeting, they are likely to emphasize that the economy is still some way from making ‘substantial further progress’ towards their goals,” he said.\nIndeed, Peter Essele, head of investment management for Commonwealth Financial Network said the market may need to hear more dovishness from Fed officials, even as they circumnavigate the notion of scaling back easy-money policies.\n“Market participants are clearly expecting a dovish tone from the Fed next week, as evidenced by the recent path of interest rates,” Essele told MarketWatch in emailed comments.\n“We expect the Fed will keep its foot on the accommodative pedal next week, which won’t change until inflation is no longer transitory and the economy is back to full employment,” Essele said.\n“Until then, Treasury rates should remain range-bound on the long end and anchored on the short end, offering bond investors little to worry about in the near term,” he said.\nWhat else is on investors’ radar?\nMeanwhile, the only other main item on the docket for next week is U.S. May retail sales on Tuesday, while investors continue to watch negotiations between the Biden administration and Republicans on an infrastructure spending plan, given it has implications for economic growth and debt issuance.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160981027,"gmtCreate":1623769273269,"gmtModify":1631890605032,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Hopefully the other crypto currencies also go up!","listText":"Hopefully the other crypto currencies also go up!","text":"Hopefully the other crypto currencies also go up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160981027","repostId":"1123375053","repostType":4,"isVote":1,"tweetType":1,"viewCount":3043,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160914292,"gmtCreate":1623769158716,"gmtModify":1631890605044,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160914292","repostId":"1127088935","repostType":4,"isVote":1,"tweetType":1,"viewCount":2410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187582471,"gmtCreate":1623759138593,"gmtModify":1631890605067,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187582471","repostId":"1178091722","repostType":4,"isVote":1,"tweetType":1,"viewCount":649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183833654,"gmtCreate":1623319818878,"gmtModify":1634034625925,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Which means even if there is a squeeze, the economy will still be all right. No worries please buy more.","listText":"Which means even if there is a squeeze, the economy will still be all right. No worries please buy more.","text":"Which means even if there is a squeeze, the economy will still be all right. No worries please buy more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/183833654","repostId":"1127298356","repostType":4,"repost":{"id":"1127298356","kind":"news","pubTimestamp":1623310533,"share":"https://www.laohu8.com/m/news/1127298356?lang=zh_CN&edition=full","pubTime":"2021-06-10 15:35","market":"us","language":"en","title":"Goldman Explains Why The Economy Won't Overheat, No Matter What Today's CPI Shows<blockquote>高盛解释了为什么无论今天的消费者物价指数显示什么，经济都不会过热</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127298356","media":"zerohedge","summary":"Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a fu","content":"<p>Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a furious shortsqueeze discussed earlier...</p><p><blockquote>10年期国债收益率自3月初以来首次跌破1.50%，此前曾讨论过激烈的空头挤压...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e87da5d75100fe75f0be86933791246f\" tg-width=\"500\" tg-height=\"422\" referrerpolicy=\"no-referrer\">... and as post-pandemic inflation concerns appear to be waning as quickly as they flared up.</p><p><blockquote>...随着大流行后的通胀担忧似乎像爆发一样迅速减弱。</blockquote></p><p> This is a point we first brought up last month when observing the collapse in China's credit impulse, arguably the most important variable for the entire global reflationary narrative (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\")...</p><p><blockquote>这是我们上个月在观察中国信贷冲动崩溃时首次提出的一点，可以说是整个全球再通胀叙事中最重要的变量（见“中国信贷冲动刚刚转为负面，释放全球通缩冲击波”）...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cfc3b4fc471bcf50ee51b9be637a3ed4\" tg-width=\"500\" tg-height=\"294\" referrerpolicy=\"no-referrer\">... and it's a point that Goldman's chief economist Jan Hatzius reiterated in a note published on Tuesday titled simply \"Why the Economy Won’t Overheat,” in which he argues - the same as the Fed - that the inflation we are seeing so far is likely to be temporary and prices will normalize again as we leg further away from unprecedented pandemic activity curtailments.</p><p><blockquote>...高盛首席经济学家Jan Hatzius在周二发表的一份题为“为什么经济不会过热”的报告中重申了这一点，他在报告中与美联储一样认为，我们迄今为止看到的通胀很可能是暂时的，随着我们进一步远离前所未有的大流行活动削减，价格将再次正常化。</blockquote></p><p> While we disagree - and so does Deutsche Bank,which sees nothing short of Weimar hyperinflationbeing unleashed by the Fed soon, something we first predicted in March 2009 as the ultimate endgame -&nbsp; it is interesting that today, at least, markets appear to be adopting this view judging by the collapse in 10Y nominal rates and the recent breach of the upward trendline in breakevens...</p><p><blockquote>虽然我们不同意——德意志银行也不同意，它认为美联储很快就会释放魏玛恶性通货膨胀，这是我们在2009年3月首次预测的最终结局——但有趣的是，至少在今天，市场似乎正在接受这一观点，从10年期名义利率的崩溃和最近盈亏平衡上升趋势线的突破来看...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ef6de63c2434121178b1a7b351df6ee9\" tg-width=\"500\" tg-height=\"308\" referrerpolicy=\"no-referrer\">... this even as China's PPI printed at a Lehman Sept 2008 high of 9.0% overnight.</p><p><blockquote>...尽管中国的PPI一夜之间达到了雷曼兄弟2008年9月的高点9.0%。</blockquote></p><p> So what, according to Goldman is the reason for receding inflation fears? As Hatzius and strategist Chris Hussey explain, the past 2 payrolls reports have been underwhelming as the rush back to work \"is being slowed by generous stimulus as well as an inability — perhaps — to simply process so many new workers. On the one hand, fewer available workers should push up wages as companies compete to attract new workers. But a more orderly stream of employment in the post-pandemic recovery may also allow for a more extended reopening period and perhaps a bit less top-line pressure on prices.\"</p><p><blockquote>那么，高盛认为通胀担忧消退的原因是什么呢？正如Hatzius和策略师Chris Hussey解释的那样，过去的两份就业报告并不令人印象深刻，因为“慷慨的刺激措施以及可能无法简单地处理如此多的新工人，导致重返工作岗位的热潮正在放缓。一方面，随着公司竞相吸引新工人，可用工人的减少应该会推高工资。但在大流行后的复苏中，更有序的就业流动也可能会延长重新开放期，并可能减轻价格的顶线压力。”</blockquote></p><p> Another reason for receding inflation fears may also simply be time. According to Goldman, as Americans become more accustomed to getting back to their daily routines, the strangeness of such activity recedes. And it is perhaps easier for investors to envision what‘normal’ will look like.&nbsp; And perhaps that vision is collectively coalescing around a‘new normal’ that looks surprisingly similiar to the pre-pandemic ‘old normal’.</p><p><blockquote>通胀担忧消退的另一个原因可能只是时间。高盛表示，随着美国人越来越习惯于回到日常生活中，这种活动的陌生感正在消退。投资者也许更容易想象“正常”会是什么样子。也许这种愿景正在围绕一种“新常态”集体凝聚，这种“新常态”看起来与大流行前的“旧常态”惊人地相似。</blockquote></p><p> Hatzius then elaborates why the recent inflation pickup will remain transitory: \"On the wage side,<b>labor supply should increase dramatically over the next 3-6 months as fear of the virus diminishes further and the $300/week benefit top-up expires—over the next few weeks in most Republican-controlled states and on September 6 in the remaining states.\"</b></p><p><blockquote>哈齐乌斯随后阐述了为什么最近的通胀回升仍将是暂时的：“在工资方面，<b>随着对病毒的恐惧进一步减弱以及每周300美元的福利充值到期，劳动力供应应该会在未来3-6个月内大幅增加——大多数共和党控制的州将在未来几周内到期，其余州将在9月6日到期。”</b></blockquote></p><p> In other words, employers will likely hold out another 3 months until the end of emergency benefits expire at which point they expect a flood of workers to reverse the calculus in the labor market,<b>from one of no labor supply to a flood of supply.</b></p><p><blockquote>换句话说，雇主可能会再坚持3个月，直到紧急福利到期，届时他们预计大量工人将扭转劳动力市场的格局，<b>从没有劳动力供应到大量供应。</b></blockquote></p><p> On the price side, Goldman's trimmed core PCE—which excludes the 30% most extreme month-to-month price changes, and as a reminder the surge in inflation last month was largely driven by soaring used car prices and transportation services, or as Goldman puts it \"outliers\" — remains at just 1.56% year-on-year, half the standard core PCE rate.&nbsp; This gap illustrates the unprecedented role of outliers in the recent inflation pickup.</p><p><blockquote>在价格方面，高盛削减的核心PCE——不包括30%最极端的月度价格变化，提醒一下上个月通胀飙升主要是由二手车价格和运输服务飙升推动的，或者正如高盛所说的“异常值”——同比仍仅为1.56%，是标准核心PCE利率的一半。这一差距说明了异常值在近期通胀回升中前所未有的作用。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3eaf58fed43ba69dc0224a4d192f457b\" tg-width=\"500\" tg-height=\"307\" referrerpolicy=\"no-referrer\">Ultimately, to Goldman, the biggest question in the overheating debate remains whether US output and employment will rise sharply above potential in the next few years. If the answer is yes, then inflation could indeed climb to undesirable levels on a more permanent basis. Predictably, Goldman's answer continues to be no, and here's why: \"Even though real GDP is nearly back to the pre-pandemic level, we still see significant slack in the economy based on the remaining jobs shortfall of nearly 8 million and the pandemic-driven productivity gain of 4.1% year-on-year in Q1. Moreover, we think sequential GDP growth has probably already peaked in monthly terms and will trend down from here as the fiscal impulse wanes, modestly at first and then more sharply in late 2021 and 2022.\"</p><p><blockquote>最终，对高盛来说，过热辩论中最大的问题仍然是美国产出和就业在未来几年是否会大幅高于潜力。如果答案是肯定的，那么通胀确实可能会在更持久的基础上攀升至不良水平。可以预见的是，高盛的答案仍然是否定的，原因如下：“尽管实际GDP几乎回到了大流行前的水平，但基于剩余的近800万个就业岗位缺口和大流行的推动，我们仍然看到经济显着疲软。第一季度生产率同比增长4.1%。此外，我们认为，按月计算，GDP环比增长可能已经见顶，随着财政刺激的减弱，GDP环比增长将呈下降趋势，先是温和，然后在2021年底和2022年大幅下降。”</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/5bbda3c1cc274419a5ecdfeea29dd30b\" tg-width=\"500\" tg-height=\"324\" referrerpolicy=\"no-referrer\">Here JPMorgan also chimes in and in a recent note from economist Dan Silver writes that as we prepare for the CPI print, it is worthwhile to consider the impacts of the removal of federal unemployment benefits and increasing hourly wages. In Silver's note, he illustrates the growth in job openings among low-income jobs.</p><p><blockquote>摩根大通也加入了进来，经济学家丹·西尔弗(Dan Silver)在最近的一份报告中写道，当我们准备CPI数据时，值得考虑取消联邦失业救济金和增加时薪的影响。在西尔弗的报告中，他说明了低收入工作岗位空缺的增长。</blockquote></p><p> JPM then asks the right question: \"<b>will wage increases remain durable if business owners know that supply is coming back online?\"</b>A question we have asked previously, and the answer is a decisive not. To JPM, if the answer is indeed no, \"we see a quicker than expected deceleration in wage growth, spending, and CPI.\" Although, alternatively, it seems more likely that we will also see a surge in jobs taken and potentially another leg higher in absolute macro data.</p><p><blockquote>摩根大通随后提出了正确的问题：“<b>如果企业主知道供应正在恢复，工资上涨会持续吗？”</b>我们以前问过这个问题，答案是决定性的否定。对于摩根大通来说，如果答案确实是否定的，“我们看到工资增长、支出和消费者物价指数的减速速度快于预期。”不过，或者，我们似乎更有可能看到就业岗位激增，绝对宏观数据也可能进一步走高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dd33a3897ee720aefc640dc061344a18\" tg-width=\"500\" tg-height=\"332\" referrerpolicy=\"no-referrer\">With that in mind, what's next on the inflation catalyst front and what will today's critical CPI print show?&nbsp; Here, Goldman estimates a 0.50% increase in May core CPI (in line with consensus), which will boost the year-on-year rate by six tenths to 3.55%, up from 3.0% which however is largely impacted by the base effect collapse of last year. Goldman's monthly core inflation forecast<b>\"reflects reopening-driven strength in airfares, hotel prices, and recreation prices.\"</b>Additionally, Goldman expects strong monthly readings in used cars (+6%) and new cars (+0.5%), reflecting \"one-time\" supply chain disruptions and microchip shortages.</p><p><blockquote>考虑到这一点，通胀催化剂方面的下一步是什么？今天的关键CPI数据将显示什么？在此，高盛预计5月份核心CPI将上涨0.50%（与共识一致），这将使同比增长率从3.0%提高十分之六至3.55%，但这在很大程度上受到基数效应崩溃的影响去年。高盛月度核心通胀预测<b>“反映了重新开放推动的机票、酒店价格和娱乐价格走强。”</b>此外，高盛预计二手车（+6%）和新车（+0.5%）的月度数据将强劲，反映出“一次性”供应链中断和微芯片短缺。</blockquote></p><p> And while the Fed is more concerned with PCE inflation rather than CPI, Goldman concludes that even though the inflation burst is transitory, \"<b>it will be interesting to see how markets react to a 3.5%+ inflation report in a monetary regime that presumably is focused on keeping inflation around 2%.\"</b></p><p><blockquote>尽管美联储更关心PCE通胀而不是CPI，但高盛的结论是，尽管通胀爆发是暂时的，”<b>在一个可能专注于将通胀率保持在2%左右的货币制度中，看看市场对3.5%以上的通胀报告有何反应将会很有趣。”</b></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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it is interesting that today, at least, markets appear to be adopting this view judging by the collapse in 10Y nominal rates and the recent breach of the upward trendline in breakevens...</p><p><blockquote>虽然我们不同意——德意志银行也不同意，它认为美联储很快就会释放魏玛恶性通货膨胀，这是我们在2009年3月首次预测的最终结局——但有趣的是，至少在今天，市场似乎正在接受这一观点，从10年期名义利率的崩溃和最近盈亏平衡上升趋势线的突破来看...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ef6de63c2434121178b1a7b351df6ee9\" tg-width=\"500\" tg-height=\"308\" referrerpolicy=\"no-referrer\">... this even as China's PPI printed at a Lehman Sept 2008 high of 9.0% overnight.</p><p><blockquote>...尽管中国的PPI一夜之间达到了雷曼兄弟2008年9月的高点9.0%。</blockquote></p><p> So what, according to Goldman is the reason for receding inflation fears? As Hatzius and strategist Chris Hussey explain, the past 2 payrolls reports have been underwhelming as the rush back to work \"is being slowed by generous stimulus as well as an inability — perhaps — to simply process so many new workers. On the one hand, fewer available workers should push up wages as companies compete to attract new workers. But a more orderly stream of employment in the post-pandemic recovery may also allow for a more extended reopening period and perhaps a bit less top-line pressure on prices.\"</p><p><blockquote>那么，高盛认为通胀担忧消退的原因是什么呢？正如Hatzius和策略师Chris Hussey解释的那样，过去的两份就业报告并不令人印象深刻，因为“慷慨的刺激措施以及可能无法简单地处理如此多的新工人，导致重返工作岗位的热潮正在放缓。一方面，随着公司竞相吸引新工人，可用工人的减少应该会推高工资。但在大流行后的复苏中，更有序的就业流动也可能会延长重新开放期，并可能减轻价格的顶线压力。”</blockquote></p><p> Another reason for receding inflation fears may also simply be time. According to Goldman, as Americans become more accustomed to getting back to their daily routines, the strangeness of such activity recedes. And it is perhaps easier for investors to envision what‘normal’ will look like.&nbsp; And perhaps that vision is collectively coalescing around a‘new normal’ that looks surprisingly similiar to the pre-pandemic ‘old normal’.</p><p><blockquote>通胀担忧消退的另一个原因可能只是时间。高盛表示，随着美国人越来越习惯于回到日常生活中，这种活动的陌生感正在消退。投资者也许更容易想象“正常”会是什么样子。也许这种愿景正在围绕一种“新常态”集体凝聚，这种“新常态”看起来与大流行前的“旧常态”惊人地相似。</blockquote></p><p> Hatzius then elaborates why the recent inflation pickup will remain transitory: \"On the wage side,<b>labor supply should increase dramatically over the next 3-6 months as fear of the virus diminishes further and the $300/week benefit top-up expires—over the next few weeks in most Republican-controlled states and on September 6 in the remaining states.\"</b></p><p><blockquote>哈齐乌斯随后阐述了为什么最近的通胀回升仍将是暂时的：“在工资方面，<b>随着对病毒的恐惧进一步减弱以及每周300美元的福利充值到期，劳动力供应应该会在未来3-6个月内大幅增加——大多数共和党控制的州将在未来几周内到期，其余州将在9月6日到期。”</b></blockquote></p><p> In other words, employers will likely hold out another 3 months until the end of emergency benefits expire at which point they expect a flood of workers to reverse the calculus in the labor market,<b>from one of no labor supply to a flood of supply.</b></p><p><blockquote>换句话说，雇主可能会再坚持3个月，直到紧急福利到期，届时他们预计大量工人将扭转劳动力市场的格局，<b>从没有劳动力供应到大量供应。</b></blockquote></p><p> On the price side, Goldman's trimmed core PCE—which excludes the 30% most extreme month-to-month price changes, and as a reminder the surge in inflation last month was largely driven by soaring used car prices and transportation services, or as Goldman puts it \"outliers\" — remains at just 1.56% year-on-year, half the standard core PCE rate.&nbsp; This gap illustrates the unprecedented role of outliers in the recent inflation pickup.</p><p><blockquote>在价格方面，高盛削减的核心PCE——不包括30%最极端的月度价格变化，提醒一下上个月通胀飙升主要是由二手车价格和运输服务飙升推动的，或者正如高盛所说的“异常值”——同比仍仅为1.56%，是标准核心PCE利率的一半。这一差距说明了异常值在近期通胀回升中前所未有的作用。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3eaf58fed43ba69dc0224a4d192f457b\" tg-width=\"500\" tg-height=\"307\" referrerpolicy=\"no-referrer\">Ultimately, to Goldman, the biggest question in the overheating debate remains whether US output and employment will rise sharply above potential in the next few years. If the answer is yes, then inflation could indeed climb to undesirable levels on a more permanent basis. Predictably, Goldman's answer continues to be no, and here's why: \"Even though real GDP is nearly back to the pre-pandemic level, we still see significant slack in the economy based on the remaining jobs shortfall of nearly 8 million and the pandemic-driven productivity gain of 4.1% year-on-year in Q1. Moreover, we think sequential GDP growth has probably already peaked in monthly terms and will trend down from here as the fiscal impulse wanes, modestly at first and then more sharply in late 2021 and 2022.\"</p><p><blockquote>最终，对高盛来说，过热辩论中最大的问题仍然是美国产出和就业在未来几年是否会大幅高于潜力。如果答案是肯定的，那么通胀确实可能会在更持久的基础上攀升至不良水平。可以预见的是，高盛的答案仍然是否定的，原因如下：“尽管实际GDP几乎回到了大流行前的水平，但基于剩余的近800万个就业岗位缺口和大流行的推动，我们仍然看到经济显着疲软。第一季度生产率同比增长4.1%。此外，我们认为，按月计算，GDP环比增长可能已经见顶，随着财政刺激的减弱，GDP环比增长将呈下降趋势，先是温和，然后在2021年底和2022年大幅下降。”</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/5bbda3c1cc274419a5ecdfeea29dd30b\" tg-width=\"500\" tg-height=\"324\" referrerpolicy=\"no-referrer\">Here JPMorgan also chimes in and in a recent note from economist Dan Silver writes that as we prepare for the CPI print, it is worthwhile to consider the impacts of the removal of federal unemployment benefits and increasing hourly wages. In Silver's note, he illustrates the growth in job openings among low-income jobs.</p><p><blockquote>摩根大通也加入了进来，经济学家丹·西尔弗(Dan Silver)在最近的一份报告中写道，当我们准备CPI数据时，值得考虑取消联邦失业救济金和增加时薪的影响。在西尔弗的报告中，他说明了低收入工作岗位空缺的增长。</blockquote></p><p> JPM then asks the right question: \"<b>will wage increases remain durable if business owners know that supply is coming back online?\"</b>A question we have asked previously, and the answer is a decisive not. To JPM, if the answer is indeed no, \"we see a quicker than expected deceleration in wage growth, spending, and CPI.\" Although, alternatively, it seems more likely that we will also see a surge in jobs taken and potentially another leg higher in absolute macro data.</p><p><blockquote>摩根大通随后提出了正确的问题：“<b>如果企业主知道供应正在恢复，工资上涨会持续吗？”</b>我们以前问过这个问题，答案是决定性的否定。对于摩根大通来说，如果答案确实是否定的，“我们看到工资增长、支出和消费者物价指数的减速速度快于预期。”不过，或者，我们似乎更有可能看到就业岗位激增，绝对宏观数据也可能进一步走高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dd33a3897ee720aefc640dc061344a18\" tg-width=\"500\" tg-height=\"332\" referrerpolicy=\"no-referrer\">With that in mind, what's next on the inflation catalyst front and what will today's critical CPI print show?&nbsp; Here, Goldman estimates a 0.50% increase in May core CPI (in line with consensus), which will boost the year-on-year rate by six tenths to 3.55%, up from 3.0% which however is largely impacted by the base effect collapse of last year. Goldman's monthly core inflation forecast<b>\"reflects reopening-driven strength in airfares, hotel prices, and recreation prices.\"</b>Additionally, Goldman expects strong monthly readings in used cars (+6%) and new cars (+0.5%), reflecting \"one-time\" supply chain disruptions and microchip shortages.</p><p><blockquote>考虑到这一点，通胀催化剂方面的下一步是什么？今天的关键CPI数据将显示什么？在此，高盛预计5月份核心CPI将上涨0.50%（与共识一致），这将使同比增长率从3.0%提高十分之六至3.55%，但这在很大程度上受到基数效应崩溃的影响去年。高盛月度核心通胀预测<b>“反映了重新开放推动的机票、酒店价格和娱乐价格走强。”</b>此外，高盛预计二手车（+6%）和新车（+0.5%）的月度数据将强劲，反映出“一次性”供应链中断和微芯片短缺。</blockquote></p><p> And while the Fed is more concerned with PCE inflation rather than CPI, Goldman concludes that even though the inflation burst is transitory, \"<b>it will be interesting to see how markets react to a 3.5%+ inflation report in a monetary regime that presumably is focused on keeping inflation around 2%.\"</b></p><p><blockquote>尽管美联储更关心PCE通胀而不是CPI，但高盛的结论是，尽管通胀爆发是暂时的，”<b>在一个可能专注于将通胀率保持在2%左右的货币制度中，看看市场对3.5%以上的通胀报告有何反应将会很有趣。”</b></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/goldman-explains-why-economy-wont-overheat-no-matter-what-tomorrows-cpi-shows?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/goldman-explains-why-economy-wont-overheat-no-matter-what-tomorrows-cpi-shows?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127298356","content_text":"Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a furious shortsqueeze discussed earlier...\n... and as post-pandemic inflation concerns appear to be waning as quickly as they flared up.\nThis is a point we first brought up last month when observing the collapse in China's credit impulse, arguably the most important variable for the entire global reflationary narrative (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\")...\n... and it's a point that Goldman's chief economist Jan Hatzius reiterated in a note published on Tuesday titled simply \"Why the Economy Won’t Overheat,” in which he argues - the same as the Fed - that the inflation we are seeing so far is likely to be temporary and prices will normalize again as we leg further away from unprecedented pandemic activity curtailments.\nWhile we disagree - and so does Deutsche Bank,which sees nothing short of Weimar hyperinflationbeing unleashed by the Fed soon, something we first predicted in March 2009 as the ultimate endgame -  it is interesting that today, at least, markets appear to be adopting this view judging by the collapse in 10Y nominal rates and the recent breach of the upward trendline in breakevens...\n... this even as China's PPI printed at a Lehman Sept 2008 high of 9.0% overnight.\nSo what, according to Goldman is the reason for receding inflation fears? As Hatzius and strategist Chris Hussey explain, the past 2 payrolls reports have been underwhelming as the rush back to work \"is being slowed by generous stimulus as well as an inability — perhaps — to simply process so many new workers. On the one hand, fewer available workers should push up wages as companies compete to attract new workers. But a more orderly stream of employment in the post-pandemic recovery may also allow for a more extended reopening period and perhaps a bit less top-line pressure on prices.\"\nAnother reason for receding inflation fears may also simply be time. According to Goldman, as Americans become more accustomed to getting back to their daily routines, the strangeness of such activity recedes. And it is perhaps easier for investors to envision what‘normal’ will look like.  And perhaps that vision is collectively coalescing around a‘new normal’ that looks surprisingly similiar to the pre-pandemic ‘old normal’.\nHatzius then elaborates why the recent inflation pickup will remain transitory: \"On the wage side,labor supply should increase dramatically over the next 3-6 months as fear of the virus diminishes further and the $300/week benefit top-up expires—over the next few weeks in most Republican-controlled states and on September 6 in the remaining states.\"\nIn other words, employers will likely hold out another 3 months until the end of emergency benefits expire at which point they expect a flood of workers to reverse the calculus in the labor market,from one of no labor supply to a flood of supply.\nOn the price side, Goldman's trimmed core PCE—which excludes the 30% most extreme month-to-month price changes, and as a reminder the surge in inflation last month was largely driven by soaring used car prices and transportation services, or as Goldman puts it \"outliers\" — remains at just 1.56% year-on-year, half the standard core PCE rate.  This gap illustrates the unprecedented role of outliers in the recent inflation pickup.\nUltimately, to Goldman, the biggest question in the overheating debate remains whether US output and employment will rise sharply above potential in the next few years. If the answer is yes, then inflation could indeed climb to undesirable levels on a more permanent basis. Predictably, Goldman's answer continues to be no, and here's why: \"Even though real GDP is nearly back to the pre-pandemic level, we still see significant slack in the economy based on the remaining jobs shortfall of nearly 8 million and the pandemic-driven productivity gain of 4.1% year-on-year in Q1. Moreover, we think sequential GDP growth has probably already peaked in monthly terms and will trend down from here as the fiscal impulse wanes, modestly at first and then more sharply in late 2021 and 2022.\"\nHere JPMorgan also chimes in and in a recent note from economist Dan Silver writes that as we prepare for the CPI print, it is worthwhile to consider the impacts of the removal of federal unemployment benefits and increasing hourly wages. In Silver's note, he illustrates the growth in job openings among low-income jobs.\nJPM then asks the right question: \"will wage increases remain durable if business owners know that supply is coming back online?\"A question we have asked previously, and the answer is a decisive not. To JPM, if the answer is indeed no, \"we see a quicker than expected deceleration in wage growth, spending, and CPI.\" Although, alternatively, it seems more likely that we will also see a surge in jobs taken and potentially another leg higher in absolute macro data.\nWith that in mind, what's next on the inflation catalyst front and what will today's critical CPI print show?  Here, Goldman estimates a 0.50% increase in May core CPI (in line with consensus), which will boost the year-on-year rate by six tenths to 3.55%, up from 3.0% which however is largely impacted by the base effect collapse of last year. Goldman's monthly core inflation forecast\"reflects reopening-driven strength in airfares, hotel prices, and recreation prices.\"Additionally, Goldman expects strong monthly readings in used cars (+6%) and new cars (+0.5%), reflecting \"one-time\" supply chain disruptions and microchip shortages.\nAnd while the Fed is more concerned with PCE inflation rather than CPI, Goldman concludes that even though the inflation burst is transitory, \"it will be interesting to see how markets react to a 3.5%+ inflation report in a monetary regime that presumably is focused on keeping inflation around 2%.\"","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180397723,"gmtCreate":1623180584962,"gmtModify":1631888894975,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMCX\">$AMC Networks(AMCX)$</a>Hello guys, if you are here for the popular AMC stocks, you are in the wrong place! Please go to <a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>instead!!","listText":"<a href=\"https://laohu8.com/S/AMCX\">$AMC Networks(AMCX)$</a>Hello guys, if you are here for the popular AMC stocks, you are in the wrong place! Please go to <a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>instead!!","text":"$AMC Networks(AMCX)$Hello guys, if you are here for the popular AMC stocks, you are in the wrong place! Please go to $AMC Entertainment(AMC)$instead!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/180397723","isVote":1,"tweetType":1,"viewCount":2498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114129431,"gmtCreate":1623058618623,"gmtModify":1634037405101,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Buy and Hodl my fellow apes!!","listText":"Buy and Hodl my fellow apes!!","text":"Buy and Hodl my fellow apes!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114129431","repostId":"1175289580","repostType":2,"isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118597433,"gmtCreate":1622736986222,"gmtModify":1634098520290,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>lets all HODL!! To the moon!&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>lets all HODL!! To the moon!&nbsp;","text":"$AMC Entertainment(AMC)$lets all HODL!! To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/118597433","isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110257037,"gmtCreate":1622463507429,"gmtModify":1634101310551,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Thanks for the info!","listText":"Thanks for the info!","text":"Thanks for the info!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/110257037","repostId":"1164081350","repostType":4,"repost":{"id":"1164081350","kind":"news","pubTimestamp":1622442926,"share":"https://www.laohu8.com/m/news/1164081350?lang=zh_CN&edition=full","pubTime":"2021-05-31 14:35","market":"us","language":"en","title":"Is the Stock Market Open Today? Here Are the Hours on Memorial Day 2021.<blockquote>今天股市开市吗？以下是2021年阵亡将士纪念日的时间。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164081350","media":"Barrons","summary":"Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.\nSince it bec","content":"<p>Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.</p><p><blockquote>2021年阵亡将士纪念日到了，给美国交易员和其他人带来了一个长周末。</blockquote></p><p> Since it became a national holiday in 1971, Memorial Day has been the last Monday of May, honoring those who died while serving in the U.S. military. In this case, Memorial Day falls on the last day of the month.</p><p><blockquote>自1971年成为全国性节日以来，阵亡将士纪念日一直是五月的最后一个星期一，纪念那些在美国军队服役期间牺牲的人。在这种情况下，阵亡将士纪念日是这个月的最后一天。</blockquote></p><p> U.S. equities had&nbsp;a mostly dull&nbsp;week, with the&nbsp;S&amp;P 500 index&nbsp;rising 1.2% and the&nbsp;Dow Jones Industrial Average&nbsp;rising 0.9%. The S&amp;P 500 and Dow ended the month 2% and 0.6% higher, respectively.</p><p><blockquote>美国股市本周表现平淡，标准普尔500指数上涨1.2%，道琼斯工业平均指数上涨0.9%。标普500指数和道琼斯指数本月分别上涨2%和0.6%。</blockquote></p><p> The majority of the action this week was in more speculative areas of the market: Cryptocurrencies were on a roller-coaster ride and shares of Reddit favorites&nbsp;AMC Entertainment&nbsp;(ticker: AMC) and&nbsp;GameStop&nbsp;(GME) surged. Shares of AMC closed out the week&nbsp;116% higher.</p><p><blockquote>本周的大部分行动都发生在市场更具投机性的领域：加密货币经历了过山车般的走势，Reddit最受欢迎的AMC院线（股票代码：AMC）和游戏驿站（GME）的股价飙升。AMC股价本周收盘上涨116%。</blockquote></p><p> <b>Is the Stock Market Open on Memorial Day 2021?</b></p><p><blockquote><b>2021年阵亡将士纪念日股市开放吗？</b></blockquote></p><p> Investors must wait until Tuesday to see if those trends continue. The New York Stock Exchange and Nasdaq are both closed on Monday, May 31. The same is true for U.S. over-the-counter markets. They’ll be back open on Tuesday at 9:30 a.m. EDT. U.S. bond markets will also be closed.</p><p><blockquote>投资者必须等到周二才能看到这些趋势是否会持续。纽约证券交易所和纳斯达克均于5月31日星期一休市。美国场外市场也是如此。他们将于美国东部时间周二上午9:30重新开放。美国债券市场也将休市。</blockquote></p><p> <b>What About International Markets?</b></p><p><blockquote><b>国际市场呢？</b></blockquote></p><p> Since Memorial Day is an American holiday, international markets are mostly open. An exception is the London Stock Exchange, which will be closed for a bank holiday. The Toronto Stock Exchange, Shanghai Stock Exchange, Hong Kong stock exchange, and Tokyo Stock Exchange will be open.</p><p><blockquote>由于阵亡将士纪念日是美国假日，国际市场大多是开放的。伦敦证券交易所是个例外，该交易所将因银行假日休市。多伦多证券交易所、上海证券交易所、香港证券交易所、东京证券交易所将开放。</blockquote></p><p> <b>How Will Covid-19 Impact the Holiday?</b></p><p><blockquote><b>新冠肺炎将如何影响这个假期？</b></blockquote></p><p> Memorial Day events were largely restricted or canceled last year due to the Covid-19 pandemic. This year, the Centers for Disease Control and Prevention has said vaccinated Americans can travel and enjoy the holiday with other vaccinated friends.</p><p><blockquote>由于新冠肺炎疫情，去年阵亡将士纪念日活动在很大程度上受到限制或取消。今年，疾病控制和预防中心表示，接种疫苗的美国人可以和其他接种疫苗的朋友一起旅行和享受假期。</blockquote></p><p> “If you are vaccinated, you are protected, and you can enjoy your Memorial Day,” said CDC Director Dr. Rochelle P. Walensky,according to the New York Times. “If you are not vaccinated, our guidance has not changed for you, you remain at risk of infection. You still need to mask and take other precautions.”</p><p><blockquote>据《纽约时报》报道，疾病预防控制中心主任罗谢尔·P·瓦伦斯基博士说：“如果你接种了疫苗，你就会受到保护，你就可以享受阵亡将士纪念日。”“如果你没有接种疫苗，我们对你的指导没有改变，你仍然有感染的风险。你仍然需要戴口罩并采取其他预防措施。”</blockquote></p><p> While the U.S. is reopening, some things will be closed on Memorial Day because it’s a federal holiday. Mail, for example, will not be delivered.</p><p><blockquote>虽然美国正在重新开放，但一些事情将在阵亡将士纪念日关闭，因为这是一个联邦假日。例如，邮件将不会被投递。</blockquote></p><p> Memorial Day is a popular weekend for sales at home-improvement retailers such as&nbsp;Lowe’s&nbsp;(LOW) and&nbsp;Home Depo&nbsp;t(HD), which both benefited during the pandemic from&nbsp;consumers spending more on their homes.</p><p><blockquote>阵亡将士纪念日是Lowe's(LOW)和Home Depo T(HD)等家装零售商销售的热门周末，这两家零售商在疫情期间都受益于消费者在房屋上的支出增加。</blockquote></p><p> <b>How Have Stocks Performed Historically During the Week After Memorial Day?</b></p><p><blockquote><b>阵亡将士纪念日后一周，股票的历史表现如何？</b></blockquote></p><p> The S&amp;P 500 has posted gains 31 out of 50 times in the four-day weeks following Memorial Days since 1971. Its average percentage change is 0.5%. The Dow has gained 27 out of 50 times over the same period. It averaged a percentage change of 0.4%.</p><p><blockquote>自1971年以来，在阵亡将士纪念日之后的四天周内，标普500 50次上涨中有31次。其平均百分比变化为0.5%。同期，道琼斯指数上涨了50倍中的27倍。平均百分比变化为0.4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c62a3828e77bc897198199c8ff4d3c69\" tg-width=\"976\" tg-height=\"644\"></p><p><blockquote></blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is the Stock Market Open Today? Here Are the Hours on Memorial Day 2021.<blockquote>今天股市开市吗？以下是2021年阵亡将士纪念日的时间。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs the Stock Market Open Today? Here Are the Hours on Memorial Day 2021.<blockquote>今天股市开市吗？以下是2021年阵亡将士纪念日的时间。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-05-31 14:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.</p><p><blockquote>2021年阵亡将士纪念日到了，给美国交易员和其他人带来了一个长周末。</blockquote></p><p> Since it became a national holiday in 1971, Memorial Day has been the last Monday of May, honoring those who died while serving in the U.S. military. In this case, Memorial Day falls on the last day of the month.</p><p><blockquote>自1971年成为全国性节日以来，阵亡将士纪念日一直是五月的最后一个星期一，纪念那些在美国军队服役期间牺牲的人。在这种情况下，阵亡将士纪念日是这个月的最后一天。</blockquote></p><p> U.S. equities had&nbsp;a mostly dull&nbsp;week, with the&nbsp;S&amp;P 500 index&nbsp;rising 1.2% and the&nbsp;Dow Jones Industrial Average&nbsp;rising 0.9%. The S&amp;P 500 and Dow ended the month 2% and 0.6% higher, respectively.</p><p><blockquote>美国股市本周表现平淡，标准普尔500指数上涨1.2%，道琼斯工业平均指数上涨0.9%。标普500指数和道琼斯指数本月分别上涨2%和0.6%。</blockquote></p><p> The majority of the action this week was in more speculative areas of the market: Cryptocurrencies were on a roller-coaster ride and shares of Reddit favorites&nbsp;AMC Entertainment&nbsp;(ticker: AMC) and&nbsp;GameStop&nbsp;(GME) surged. Shares of AMC closed out the week&nbsp;116% higher.</p><p><blockquote>本周的大部分行动都发生在市场更具投机性的领域：加密货币经历了过山车般的走势，Reddit最受欢迎的AMC院线（股票代码：AMC）和游戏驿站（GME）的股价飙升。AMC股价本周收盘上涨116%。</blockquote></p><p> <b>Is the Stock Market Open on Memorial Day 2021?</b></p><p><blockquote><b>2021年阵亡将士纪念日股市开放吗？</b></blockquote></p><p> Investors must wait until Tuesday to see if those trends continue. The New York Stock Exchange and Nasdaq are both closed on Monday, May 31. The same is true for U.S. over-the-counter markets. They’ll be back open on Tuesday at 9:30 a.m. EDT. U.S. bond markets will also be closed.</p><p><blockquote>投资者必须等到周二才能看到这些趋势是否会持续。纽约证券交易所和纳斯达克均于5月31日星期一休市。美国场外市场也是如此。他们将于美国东部时间周二上午9:30重新开放。美国债券市场也将休市。</blockquote></p><p> <b>What About International Markets?</b></p><p><blockquote><b>国际市场呢？</b></blockquote></p><p> Since Memorial Day is an American holiday, international markets are mostly open. An exception is the London Stock Exchange, which will be closed for a bank holiday. The Toronto Stock Exchange, Shanghai Stock Exchange, Hong Kong stock exchange, and Tokyo Stock Exchange will be open.</p><p><blockquote>由于阵亡将士纪念日是美国假日，国际市场大多是开放的。伦敦证券交易所是个例外，该交易所将因银行假日休市。多伦多证券交易所、上海证券交易所、香港证券交易所、东京证券交易所将开放。</blockquote></p><p> <b>How Will Covid-19 Impact the Holiday?</b></p><p><blockquote><b>新冠肺炎将如何影响这个假期？</b></blockquote></p><p> Memorial Day events were largely restricted or canceled last year due to the Covid-19 pandemic. This year, the Centers for Disease Control and Prevention has said vaccinated Americans can travel and enjoy the holiday with other vaccinated friends.</p><p><blockquote>由于新冠肺炎疫情，去年阵亡将士纪念日活动在很大程度上受到限制或取消。今年，疾病控制和预防中心表示，接种疫苗的美国人可以和其他接种疫苗的朋友一起旅行和享受假期。</blockquote></p><p> “If you are vaccinated, you are protected, and you can enjoy your Memorial Day,” said CDC Director Dr. Rochelle P. Walensky,according to the New York Times. “If you are not vaccinated, our guidance has not changed for you, you remain at risk of infection. You still need to mask and take other precautions.”</p><p><blockquote>据《纽约时报》报道，疾病预防控制中心主任罗谢尔·P·瓦伦斯基博士说：“如果你接种了疫苗，你就会受到保护，你就可以享受阵亡将士纪念日。”“如果你没有接种疫苗，我们对你的指导没有改变，你仍然有感染的风险。你仍然需要戴口罩并采取其他预防措施。”</blockquote></p><p> While the U.S. is reopening, some things will be closed on Memorial Day because it’s a federal holiday. Mail, for example, will not be delivered.</p><p><blockquote>虽然美国正在重新开放，但一些事情将在阵亡将士纪念日关闭，因为这是一个联邦假日。例如，邮件将不会被投递。</blockquote></p><p> Memorial Day is a popular weekend for sales at home-improvement retailers such as&nbsp;Lowe’s&nbsp;(LOW) and&nbsp;Home Depo&nbsp;t(HD), which both benefited during the pandemic from&nbsp;consumers spending more on their homes.</p><p><blockquote>阵亡将士纪念日是Lowe's(LOW)和Home Depo T(HD)等家装零售商销售的热门周末，这两家零售商在疫情期间都受益于消费者在房屋上的支出增加。</blockquote></p><p> <b>How Have Stocks Performed Historically During the Week After Memorial Day?</b></p><p><blockquote><b>阵亡将士纪念日后一周，股票的历史表现如何？</b></blockquote></p><p> The S&amp;P 500 has posted gains 31 out of 50 times in the four-day weeks following Memorial Days since 1971. Its average percentage change is 0.5%. The Dow has gained 27 out of 50 times over the same period. It averaged a percentage change of 0.4%.</p><p><blockquote>自1971年以来，在阵亡将士纪念日之后的四天周内，标普500 50次上涨中有31次。其平均百分比变化为0.5%。同期，道琼斯指数上涨了50倍中的27倍。平均百分比变化为0.4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c62a3828e77bc897198199c8ff4d3c69\" tg-width=\"976\" tg-height=\"644\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stock-market-memorial-day-2021-51622246416?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/stock-market-memorial-day-2021-51622246416?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164081350","content_text":"Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.\nSince it became a national holiday in 1971, Memorial Day has been the last Monday of May, honoring those who died while serving in the U.S. military. In this case, Memorial Day falls on the last day of the month.\nU.S. equities had a mostly dull week, with the S&P 500 index rising 1.2% and the Dow Jones Industrial Average rising 0.9%. The S&P 500 and Dow ended the month 2% and 0.6% higher, respectively.\nThe majority of the action this week was in more speculative areas of the market: Cryptocurrencies were on a roller-coaster ride and shares of Reddit favorites AMC Entertainment (ticker: AMC) and GameStop (GME) surged. Shares of AMC closed out the week 116% higher.\nIs the Stock Market Open on Memorial Day 2021?\nInvestors must wait until Tuesday to see if those trends continue. The New York Stock Exchange and Nasdaq are both closed on Monday, May 31. The same is true for U.S. over-the-counter markets. They’ll be back open on Tuesday at 9:30 a.m. EDT. U.S. bond markets will also be closed.\nWhat About International Markets?\nSince Memorial Day is an American holiday, international markets are mostly open. An exception is the London Stock Exchange, which will be closed for a bank holiday. The Toronto Stock Exchange, Shanghai Stock Exchange, Hong Kong stock exchange, and Tokyo Stock Exchange will be open.\nHow Will Covid-19 Impact the Holiday?\nMemorial Day events were largely restricted or canceled last year due to the Covid-19 pandemic. This year, the Centers for Disease Control and Prevention has said vaccinated Americans can travel and enjoy the holiday with other vaccinated friends.\n“If you are vaccinated, you are protected, and you can enjoy your Memorial Day,” said CDC Director Dr. Rochelle P. Walensky,according to the New York Times. “If you are not vaccinated, our guidance has not changed for you, you remain at risk of infection. You still need to mask and take other precautions.”\nWhile the U.S. is reopening, some things will be closed on Memorial Day because it’s a federal holiday. Mail, for example, will not be delivered.\nMemorial Day is a popular weekend for sales at home-improvement retailers such as Lowe’s (LOW) and Home Depo t(HD), which both benefited during the pandemic from consumers spending more on their homes.\nHow Have Stocks Performed Historically During the Week After Memorial Day?\nThe S&P 500 has posted gains 31 out of 50 times in the four-day weeks following Memorial Days since 1971. Its average percentage change is 0.5%. The Dow has gained 27 out of 50 times over the same period. It averaged a percentage change of 0.4%.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":634,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134839482,"gmtCreate":1622214551246,"gmtModify":1634182743068,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Can continue to buy?","listText":"Can continue to buy?","text":"Can continue to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134839482","repostId":"1171052675","repostType":4,"isVote":1,"tweetType":1,"viewCount":651,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134897331,"gmtCreate":1622214416323,"gmtModify":1634182744859,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/134897331","repostId":"2138488929","repostType":4,"isVote":1,"tweetType":1,"viewCount":595,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139846106,"gmtCreate":1621608686705,"gmtModify":1634187665488,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Finally!","listText":"Finally!","text":"Finally!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139846106","repostId":"1104206984","repostType":4,"repost":{"id":"1104206984","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621602307,"share":"https://www.laohu8.com/m/news/1104206984?lang=zh_CN&edition=full","pubTime":"2021-05-21 21:05","market":"us","language":"en","title":"Nvidia announces four-for-one stock split<blockquote>英伟达宣布四比一的股票分割</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104206984","media":"Tiger Newspress","summary":"Nvidia stock surged 4% in premarket trading after Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtu","content":"<p>Nvidia&nbsp;stock&nbsp;surged&nbsp;4%&nbsp;in premarket trading&nbsp;after&nbsp;Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.</p><p><blockquote>英伟达宣布进行四比一的股票分割后，英伟达股价在盘前交易中飙升4%，等待股东在定于6月3日举行的年会上批准。</blockquote></p><p><img src=\"https://static.tigerbbs.com/7ce7f341b06f2a7d0ff51e4ab3cb6f2e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.</p><p><blockquote>英伟达今天宣布，其董事会宣布以股票股息的形式将英伟达普通股进行四比一的分割，以使投资者和员工更容易获得股权。</blockquote></p><p>The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.</p><p><blockquote>股票股息的条件是在公司2021年年度股东大会（将于太平洋时间6月3日星期四上午11点举行）上获得股东批准，将普通股授权股数增加到40亿股。</blockquote></p><p>If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.</p><p><blockquote>如果获得批准，在2021年6月21日营业结束时登记在册的每位NVIDIA股东将获得在登记日持有的每股额外三股普通股的股息，该股息将在交易结束后分配2021年7月19日。预计将于7月20日在股票分割调整后开始交易。</blockquote></p><p><b>About NVIDIA</b></p><p><blockquote><b>关于英伟达</b></blockquote></p><p>NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.</p><p><blockquote>英伟达（纳斯达克股票代码：NVDA）于1999年发明的GPU引发了PC游戏市场的增长，并重新定义了现代计算机图形、高性能计算和人工智能。该公司在加速计算和人工智能方面的开创性工作正在重塑交通、医疗保健和制造业等价值数万亿美元的行业，并推动许多其他行业的增长。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia announces four-for-one stock split<blockquote>英伟达宣布四比一的股票分割</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia announces four-for-one stock split<blockquote>英伟达宣布四比一的股票分割</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-05-21 21:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nvidia&nbsp;stock&nbsp;surged&nbsp;4%&nbsp;in premarket trading&nbsp;after&nbsp;Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.</p><p><blockquote>英伟达宣布进行四比一的股票分割后，英伟达股价在盘前交易中飙升4%，等待股东在定于6月3日举行的年会上批准。</blockquote></p><p><img src=\"https://static.tigerbbs.com/7ce7f341b06f2a7d0ff51e4ab3cb6f2e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.</p><p><blockquote>英伟达今天宣布，其董事会宣布以股票股息的形式将英伟达普通股进行四比一的分割，以使投资者和员工更容易获得股权。</blockquote></p><p>The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.</p><p><blockquote>股票股息的条件是在公司2021年年度股东大会（将于太平洋时间6月3日星期四上午11点举行）上获得股东批准，将普通股授权股数增加到40亿股。</blockquote></p><p>If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.</p><p><blockquote>如果获得批准，在2021年6月21日营业结束时登记在册的每位NVIDIA股东将获得在登记日持有的每股额外三股普通股的股息，该股息将在交易结束后分配2021年7月19日。预计将于7月20日在股票分割调整后开始交易。</blockquote></p><p><b>About NVIDIA</b></p><p><blockquote><b>关于英伟达</b></blockquote></p><p>NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.</p><p><blockquote>英伟达（纳斯达克股票代码：NVDA）于1999年发明的GPU引发了PC游戏市场的增长，并重新定义了现代计算机图形、高性能计算和人工智能。该公司在加速计算和人工智能方面的开创性工作正在重塑交通、医疗保健和制造业等价值数万亿美元的行业，并推动许多其他行业的增长。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104206984","content_text":"Nvidia stock surged 4% in premarket trading after Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.About NVIDIANVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130972118,"gmtCreate":1621508897434,"gmtModify":1634188580020,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"All right","listText":"All right","text":"All right","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/130972118","repostId":"2136237739","repostType":4,"repost":{"id":"2136237739","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1621503605,"share":"https://www.laohu8.com/m/news/2136237739?lang=zh_CN&edition=full","pubTime":"2021-05-20 17:40","market":"us","language":"en","title":"5 Stocks To Watch For May 20, 2021<blockquote>2021年5月20日值得关注的5只股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2136237739","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:","content":"<p>Some of the stocks that may grab investor focus today are:</p><p><blockquote>今天可能引起投资者关注的一些股票包括：</blockquote></p><p> <ul>  <li>Wall Street expects <b> Hormel Foods Corp</b> (NYSE:HRL) to report quarterly earnings at $0.41 per share on revenue of $2.42 billion before the opening bell. Hormel shares gained 0.2% to $46.05 in after-hours trading.</li>  <li><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b> (NYSE:LB) reported better-than-expected earnings for its first quarter and issued strong earnings forecast for the current quarter. The company named Wendy Arlin as Bath &amp; Body Works CFO and Tim Johnson as Victoria's Secret CFO. L Brands shares fell 2% to $65.95 in the after-hours trading session.</li>  <li>Analysts are expecting <b> BJs Wholesale Club Holdings Inc</b> (NYSE:BJ) to have earned $0.57 per share on revenue of $3.62 billion for the latest quarter. The company will release earnings before the markets open. BJs Wholesale shares rose 1.2% to $49.14 in after-hours trading.</li> </ul> <ul>  <li><b>Cisco Systems Inc</b> (NASDAQ:CSCO) reported upbeat results for its third quarter, but issued weak profit forecast for the current quarter. Cisco shares dropped 5.6% to $49.52 in the after-hours trading session.</li>  <li>Analysts expect <b> Applied Materials, Inc.</b> (NASDAQ:AMAT) to post quarterly earnings at $1.51 per share on revenue of $5.41 billion after the closing bell. Applied Materials shares gained 2.5% to close at $124.80 on Wednesday.</li> </ul></p><p><blockquote><ul><li>华尔街预计<b>荷美尔食品公司</b>（纽约证券交易所股票代码：HRL）将在开盘前公布季度收益为每股0.41美元，营收为24.2亿美元。荷美尔股价在盘后交易中上涨0.2%，至46.05美元。</li><li><b><a href=\"https://laohu8.com/S/LB\">L品牌公司</a></b>（纽约证券交易所股票代码：LB）公布了好于预期的第一季度盈利，并发布了强劲的本季度盈利预测。该公司任命温迪·阿林(Wendy Arlin)为Bath&amp;Body Works首席财务官，蒂姆·约翰逊(Tim Johnson)为维多利亚的秘密首席财务官。L Brands股价在盘后交易时段下跌2%，至65.95美元。</li><li>分析师预计<b>BJs批发俱乐部控股公司</b>（纽约证券交易所股票代码：BJ）最近一个季度每股收益0.57美元，营收为36.2亿美元。该公司将在开市前发布财报。BJs Wholesale股价在盘后交易中上涨1.2%至49.14美元。</li></ul><ul><li><b>思科系统公司</b>（纳斯达克：CSCO）公布了乐观的第三季度业绩，但发布了疲软的本季度利润预测。思科股价在盘后交易时段下跌5.6%，至49.52美元。</li><li>分析师预计<b>应用材料公司。</b>（纳斯达克：AMAT）收盘后公布季度收益为每股1.51美元，营收为54.1亿美元。应用材料公司股价周三上涨2.5%，收于124.80美元。</li></ul></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Stocks To Watch For May 20, 2021<blockquote>2021年5月20日值得关注的5只股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks To Watch For May 20, 2021<blockquote>2021年5月20日值得关注的5只股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-05-20 17:40</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p><p><blockquote>今天可能引起投资者关注的一些股票包括：</blockquote></p><p> <ul>  <li>Wall Street expects <b> Hormel Foods Corp</b> (NYSE:HRL) to report quarterly earnings at $0.41 per share on revenue of $2.42 billion before the opening bell. Hormel shares gained 0.2% to $46.05 in after-hours trading.</li>  <li><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b> (NYSE:LB) reported better-than-expected earnings for its first quarter and issued strong earnings forecast for the current quarter. The company named Wendy Arlin as Bath &amp; Body Works CFO and Tim Johnson as Victoria's Secret CFO. L Brands shares fell 2% to $65.95 in the after-hours trading session.</li>  <li>Analysts are expecting <b> BJs Wholesale Club Holdings Inc</b> (NYSE:BJ) to have earned $0.57 per share on revenue of $3.62 billion for the latest quarter. The company will release earnings before the markets open. BJs Wholesale shares rose 1.2% to $49.14 in after-hours trading.</li> </ul> <ul>  <li><b>Cisco Systems Inc</b> (NASDAQ:CSCO) reported upbeat results for its third quarter, but issued weak profit forecast for the current quarter. Cisco shares dropped 5.6% to $49.52 in the after-hours trading session.</li>  <li>Analysts expect <b> Applied Materials, Inc.</b> (NASDAQ:AMAT) to post quarterly earnings at $1.51 per share on revenue of $5.41 billion after the closing bell. Applied Materials shares gained 2.5% to close at $124.80 on Wednesday.</li> </ul></p><p><blockquote><ul><li>华尔街预计<b>荷美尔食品公司</b>（纽约证券交易所股票代码：HRL）将在开盘前公布季度收益为每股0.41美元，营收为24.2亿美元。荷美尔股价在盘后交易中上涨0.2%，至46.05美元。</li><li><b><a href=\"https://laohu8.com/S/LB\">L品牌公司</a></b>（纽约证券交易所股票代码：LB）公布了好于预期的第一季度盈利，并发布了强劲的本季度盈利预测。该公司任命温迪·阿林(Wendy Arlin)为Bath&amp;Body Works首席财务官，蒂姆·约翰逊(Tim Johnson)为维多利亚的秘密首席财务官。L Brands股价在盘后交易时段下跌2%，至65.95美元。</li><li>分析师预计<b>BJs批发俱乐部控股公司</b>（纽约证券交易所股票代码：BJ）最近一个季度每股收益0.57美元，营收为36.2亿美元。该公司将在开市前发布财报。BJs Wholesale股价在盘后交易中上涨1.2%至49.14美元。</li></ul><ul><li><b>思科系统公司</b>（纳斯达克：CSCO）公布了乐观的第三季度业绩，但发布了疲软的本季度利润预测。思科股价在盘后交易时段下跌5.6%，至49.52美元。</li><li>分析师预计<b>应用材料公司。</b>（纳斯达克：AMAT）收盘后公布季度收益为每股1.51美元，营收为54.1亿美元。应用材料公司股价周三上涨2.5%，收于124.80美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CSCO":"思科","BJ":"BJ批发俱乐部","LB":"LandBridge Co. LLC","HRL":"荷美尔"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136237739","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects  Hormel Foods Corp (NYSE:HRL) to report quarterly earnings at $0.41 per share on revenue of $2.42 billion before the opening bell. Hormel shares gained 0.2% to $46.05 in after-hours trading.\nL Brands Inc (NYSE:LB) reported better-than-expected earnings for its first quarter and issued strong earnings forecast for the current quarter. The company named Wendy Arlin as Bath & Body Works CFO and Tim Johnson as Victoria's Secret CFO. L Brands shares fell 2% to $65.95 in the after-hours trading session.\nAnalysts are expecting  BJs Wholesale Club Holdings Inc (NYSE:BJ) to have earned $0.57 per share on revenue of $3.62 billion for the latest quarter. The company will release earnings before the markets open. BJs Wholesale shares rose 1.2% to $49.14 in after-hours trading.\n\n\nCisco Systems Inc (NASDAQ:CSCO) reported upbeat results for its third quarter, but issued weak profit forecast for the current quarter. Cisco shares dropped 5.6% to $49.52 in the after-hours trading session.\nAnalysts expect  Applied Materials, Inc. (NASDAQ:AMAT) to post quarterly earnings at $1.51 per share on revenue of $5.41 billion after the closing bell. Applied Materials shares gained 2.5% to close at $124.80 on Wednesday.","news_type":1,"symbols_score_info":{"CSCO":0.9,"HRL":0.9,"BJ":0.9,"LB":0.9}},"isVote":1,"tweetType":1,"viewCount":510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":180397723,"gmtCreate":1623180584962,"gmtModify":1631888894975,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMCX\">$AMC Networks(AMCX)$</a>Hello guys, if you are here for the popular AMC stocks, you are in the wrong place! Please go to <a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>instead!!","listText":"<a href=\"https://laohu8.com/S/AMCX\">$AMC Networks(AMCX)$</a>Hello guys, if you are here for the popular AMC stocks, you are in the wrong place! Please go to <a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>instead!!","text":"$AMC Networks(AMCX)$Hello guys, if you are here for the popular AMC stocks, you are in the wrong place! Please go to $AMC Entertainment(AMC)$instead!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/180397723","isVote":1,"tweetType":1,"viewCount":2498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118597433,"gmtCreate":1622736986222,"gmtModify":1634098520290,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>lets all HODL!! To the moon!&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>lets all HODL!! To the moon!&nbsp;","text":"$AMC Entertainment(AMC)$lets all HODL!! To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/118597433","isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134897331,"gmtCreate":1622214416323,"gmtModify":1634182744859,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/134897331","repostId":"2138488929","repostType":4,"isVote":1,"tweetType":1,"viewCount":595,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161446328,"gmtCreate":1623939103064,"gmtModify":1631883986898,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Disagree, nothing beats the cinema experience. No matter what, watching a movie on a large screen in a cinema is always a good experience, a different one from streaming.","listText":"Disagree, nothing beats the cinema experience. No matter what, watching a movie on a large screen in a cinema is always a good experience, a different one from streaming.","text":"Disagree, nothing beats the cinema experience. No matter what, watching a movie on a large screen in a cinema is always a good experience, a different one from streaming.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/161446328","repostId":"2144056746","repostType":4,"isVote":1,"tweetType":1,"viewCount":1636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183833654,"gmtCreate":1623319818878,"gmtModify":1634034625925,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Which means even if there is a squeeze, the economy will still be all right. No worries please buy more.","listText":"Which means even if there is a squeeze, the economy will still be all right. No worries please buy more.","text":"Which means even if there is a squeeze, the economy will still be all right. No worries please buy more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/183833654","repostId":"1127298356","repostType":4,"repost":{"id":"1127298356","kind":"news","pubTimestamp":1623310533,"share":"https://www.laohu8.com/m/news/1127298356?lang=zh_CN&edition=full","pubTime":"2021-06-10 15:35","market":"us","language":"en","title":"Goldman Explains Why The Economy Won't Overheat, No Matter What Today's CPI Shows<blockquote>高盛解释了为什么无论今天的消费者物价指数显示什么，经济都不会过热</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127298356","media":"zerohedge","summary":"Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a fu","content":"<p>Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a furious shortsqueeze discussed earlier...</p><p><blockquote>10年期国债收益率自3月初以来首次跌破1.50%，此前曾讨论过激烈的空头挤压...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e87da5d75100fe75f0be86933791246f\" tg-width=\"500\" tg-height=\"422\" referrerpolicy=\"no-referrer\">... and as post-pandemic inflation concerns appear to be waning as quickly as they flared up.</p><p><blockquote>...随着大流行后的通胀担忧似乎像爆发一样迅速减弱。</blockquote></p><p> This is a point we first brought up last month when observing the collapse in China's credit impulse, arguably the most important variable for the entire global reflationary narrative (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\")...</p><p><blockquote>这是我们上个月在观察中国信贷冲动崩溃时首次提出的一点，可以说是整个全球再通胀叙事中最重要的变量（见“中国信贷冲动刚刚转为负面，释放全球通缩冲击波”）...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cfc3b4fc471bcf50ee51b9be637a3ed4\" tg-width=\"500\" tg-height=\"294\" referrerpolicy=\"no-referrer\">... and it's a point that Goldman's chief economist Jan Hatzius reiterated in a note published on Tuesday titled simply \"Why the Economy Won’t Overheat,” in which he argues - the same as the Fed - that the inflation we are seeing so far is likely to be temporary and prices will normalize again as we leg further away from unprecedented pandemic activity curtailments.</p><p><blockquote>...高盛首席经济学家Jan Hatzius在周二发表的一份题为“为什么经济不会过热”的报告中重申了这一点，他在报告中与美联储一样认为，我们迄今为止看到的通胀很可能是暂时的，随着我们进一步远离前所未有的大流行活动削减，价格将再次正常化。</blockquote></p><p> While we disagree - and so does Deutsche Bank,which sees nothing short of Weimar hyperinflationbeing unleashed by the Fed soon, something we first predicted in March 2009 as the ultimate endgame -&nbsp; it is interesting that today, at least, markets appear to be adopting this view judging by the collapse in 10Y nominal rates and the recent breach of the upward trendline in breakevens...</p><p><blockquote>虽然我们不同意——德意志银行也不同意，它认为美联储很快就会释放魏玛恶性通货膨胀，这是我们在2009年3月首次预测的最终结局——但有趣的是，至少在今天，市场似乎正在接受这一观点，从10年期名义利率的崩溃和最近盈亏平衡上升趋势线的突破来看...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ef6de63c2434121178b1a7b351df6ee9\" tg-width=\"500\" tg-height=\"308\" referrerpolicy=\"no-referrer\">... this even as China's PPI printed at a Lehman Sept 2008 high of 9.0% overnight.</p><p><blockquote>...尽管中国的PPI一夜之间达到了雷曼兄弟2008年9月的高点9.0%。</blockquote></p><p> So what, according to Goldman is the reason for receding inflation fears? As Hatzius and strategist Chris Hussey explain, the past 2 payrolls reports have been underwhelming as the rush back to work \"is being slowed by generous stimulus as well as an inability — perhaps — to simply process so many new workers. On the one hand, fewer available workers should push up wages as companies compete to attract new workers. But a more orderly stream of employment in the post-pandemic recovery may also allow for a more extended reopening period and perhaps a bit less top-line pressure on prices.\"</p><p><blockquote>那么，高盛认为通胀担忧消退的原因是什么呢？正如Hatzius和策略师Chris Hussey解释的那样，过去的两份就业报告并不令人印象深刻，因为“慷慨的刺激措施以及可能无法简单地处理如此多的新工人，导致重返工作岗位的热潮正在放缓。一方面，随着公司竞相吸引新工人，可用工人的减少应该会推高工资。但在大流行后的复苏中，更有序的就业流动也可能会延长重新开放期，并可能减轻价格的顶线压力。”</blockquote></p><p> Another reason for receding inflation fears may also simply be time. According to Goldman, as Americans become more accustomed to getting back to their daily routines, the strangeness of such activity recedes. And it is perhaps easier for investors to envision what‘normal’ will look like.&nbsp; And perhaps that vision is collectively coalescing around a‘new normal’ that looks surprisingly similiar to the pre-pandemic ‘old normal’.</p><p><blockquote>通胀担忧消退的另一个原因可能只是时间。高盛表示，随着美国人越来越习惯于回到日常生活中，这种活动的陌生感正在消退。投资者也许更容易想象“正常”会是什么样子。也许这种愿景正在围绕一种“新常态”集体凝聚，这种“新常态”看起来与大流行前的“旧常态”惊人地相似。</blockquote></p><p> Hatzius then elaborates why the recent inflation pickup will remain transitory: \"On the wage side,<b>labor supply should increase dramatically over the next 3-6 months as fear of the virus diminishes further and the $300/week benefit top-up expires—over the next few weeks in most Republican-controlled states and on September 6 in the remaining states.\"</b></p><p><blockquote>哈齐乌斯随后阐述了为什么最近的通胀回升仍将是暂时的：“在工资方面，<b>随着对病毒的恐惧进一步减弱以及每周300美元的福利充值到期，劳动力供应应该会在未来3-6个月内大幅增加——大多数共和党控制的州将在未来几周内到期，其余州将在9月6日到期。”</b></blockquote></p><p> In other words, employers will likely hold out another 3 months until the end of emergency benefits expire at which point they expect a flood of workers to reverse the calculus in the labor market,<b>from one of no labor supply to a flood of supply.</b></p><p><blockquote>换句话说，雇主可能会再坚持3个月，直到紧急福利到期，届时他们预计大量工人将扭转劳动力市场的格局，<b>从没有劳动力供应到大量供应。</b></blockquote></p><p> On the price side, Goldman's trimmed core PCE—which excludes the 30% most extreme month-to-month price changes, and as a reminder the surge in inflation last month was largely driven by soaring used car prices and transportation services, or as Goldman puts it \"outliers\" — remains at just 1.56% year-on-year, half the standard core PCE rate.&nbsp; This gap illustrates the unprecedented role of outliers in the recent inflation pickup.</p><p><blockquote>在价格方面，高盛削减的核心PCE——不包括30%最极端的月度价格变化，提醒一下上个月通胀飙升主要是由二手车价格和运输服务飙升推动的，或者正如高盛所说的“异常值”——同比仍仅为1.56%，是标准核心PCE利率的一半。这一差距说明了异常值在近期通胀回升中前所未有的作用。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3eaf58fed43ba69dc0224a4d192f457b\" tg-width=\"500\" tg-height=\"307\" referrerpolicy=\"no-referrer\">Ultimately, to Goldman, the biggest question in the overheating debate remains whether US output and employment will rise sharply above potential in the next few years. If the answer is yes, then inflation could indeed climb to undesirable levels on a more permanent basis. Predictably, Goldman's answer continues to be no, and here's why: \"Even though real GDP is nearly back to the pre-pandemic level, we still see significant slack in the economy based on the remaining jobs shortfall of nearly 8 million and the pandemic-driven productivity gain of 4.1% year-on-year in Q1. Moreover, we think sequential GDP growth has probably already peaked in monthly terms and will trend down from here as the fiscal impulse wanes, modestly at first and then more sharply in late 2021 and 2022.\"</p><p><blockquote>最终，对高盛来说，过热辩论中最大的问题仍然是美国产出和就业在未来几年是否会大幅高于潜力。如果答案是肯定的，那么通胀确实可能会在更持久的基础上攀升至不良水平。可以预见的是，高盛的答案仍然是否定的，原因如下：“尽管实际GDP几乎回到了大流行前的水平，但基于剩余的近800万个就业岗位缺口和大流行的推动，我们仍然看到经济显着疲软。第一季度生产率同比增长4.1%。此外，我们认为，按月计算，GDP环比增长可能已经见顶，随着财政刺激的减弱，GDP环比增长将呈下降趋势，先是温和，然后在2021年底和2022年大幅下降。”</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/5bbda3c1cc274419a5ecdfeea29dd30b\" tg-width=\"500\" tg-height=\"324\" referrerpolicy=\"no-referrer\">Here JPMorgan also chimes in and in a recent note from economist Dan Silver writes that as we prepare for the CPI print, it is worthwhile to consider the impacts of the removal of federal unemployment benefits and increasing hourly wages. In Silver's note, he illustrates the growth in job openings among low-income jobs.</p><p><blockquote>摩根大通也加入了进来，经济学家丹·西尔弗(Dan Silver)在最近的一份报告中写道，当我们准备CPI数据时，值得考虑取消联邦失业救济金和增加时薪的影响。在西尔弗的报告中，他说明了低收入工作岗位空缺的增长。</blockquote></p><p> JPM then asks the right question: \"<b>will wage increases remain durable if business owners know that supply is coming back online?\"</b>A question we have asked previously, and the answer is a decisive not. To JPM, if the answer is indeed no, \"we see a quicker than expected deceleration in wage growth, spending, and CPI.\" Although, alternatively, it seems more likely that we will also see a surge in jobs taken and potentially another leg higher in absolute macro data.</p><p><blockquote>摩根大通随后提出了正确的问题：“<b>如果企业主知道供应正在恢复，工资上涨会持续吗？”</b>我们以前问过这个问题，答案是决定性的否定。对于摩根大通来说，如果答案确实是否定的，“我们看到工资增长、支出和消费者物价指数的减速速度快于预期。”不过，或者，我们似乎更有可能看到就业岗位激增，绝对宏观数据也可能进一步走高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dd33a3897ee720aefc640dc061344a18\" tg-width=\"500\" tg-height=\"332\" referrerpolicy=\"no-referrer\">With that in mind, what's next on the inflation catalyst front and what will today's critical CPI print show?&nbsp; Here, Goldman estimates a 0.50% increase in May core CPI (in line with consensus), which will boost the year-on-year rate by six tenths to 3.55%, up from 3.0% which however is largely impacted by the base effect collapse of last year. Goldman's monthly core inflation forecast<b>\"reflects reopening-driven strength in airfares, hotel prices, and recreation prices.\"</b>Additionally, Goldman expects strong monthly readings in used cars (+6%) and new cars (+0.5%), reflecting \"one-time\" supply chain disruptions and microchip shortages.</p><p><blockquote>考虑到这一点，通胀催化剂方面的下一步是什么？今天的关键CPI数据将显示什么？在此，高盛预计5月份核心CPI将上涨0.50%（与共识一致），这将使同比增长率从3.0%提高十分之六至3.55%，但这在很大程度上受到基数效应崩溃的影响去年。高盛月度核心通胀预测<b>“反映了重新开放推动的机票、酒店价格和娱乐价格走强。”</b>此外，高盛预计二手车（+6%）和新车（+0.5%）的月度数据将强劲，反映出“一次性”供应链中断和微芯片短缺。</blockquote></p><p> And while the Fed is more concerned with PCE inflation rather than CPI, Goldman concludes that even though the inflation burst is transitory, \"<b>it will be interesting to see how markets react to a 3.5%+ inflation report in a monetary regime that presumably is focused on keeping inflation around 2%.\"</b></p><p><blockquote>尽管美联储更关心PCE通胀而不是CPI，但高盛的结论是，尽管通胀爆发是暂时的，”<b>在一个可能专注于将通胀率保持在2%左右的货币制度中，看看市场对3.5%以上的通胀报告有何反应将会很有趣。”</b></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Explains Why The Economy Won't Overheat, No Matter What Today's CPI Shows<blockquote>高盛解释了为什么无论今天的消费者物价指数显示什么，经济都不会过热</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Explains Why The Economy Won't Overheat, No Matter What Today's CPI Shows<blockquote>高盛解释了为什么无论今天的消费者物价指数显示什么，经济都不会过热</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-10 15:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a furious shortsqueeze discussed earlier...</p><p><blockquote>10年期国债收益率自3月初以来首次跌破1.50%，此前曾讨论过激烈的空头挤压...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e87da5d75100fe75f0be86933791246f\" tg-width=\"500\" tg-height=\"422\" referrerpolicy=\"no-referrer\">... and as post-pandemic inflation concerns appear to be waning as quickly as they flared up.</p><p><blockquote>...随着大流行后的通胀担忧似乎像爆发一样迅速减弱。</blockquote></p><p> This is a point we first brought up last month when observing the collapse in China's credit impulse, arguably the most important variable for the entire global reflationary narrative (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\")...</p><p><blockquote>这是我们上个月在观察中国信贷冲动崩溃时首次提出的一点，可以说是整个全球再通胀叙事中最重要的变量（见“中国信贷冲动刚刚转为负面，释放全球通缩冲击波”）...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cfc3b4fc471bcf50ee51b9be637a3ed4\" tg-width=\"500\" tg-height=\"294\" referrerpolicy=\"no-referrer\">... and it's a point that Goldman's chief economist Jan Hatzius reiterated in a note published on Tuesday titled simply \"Why the Economy Won’t Overheat,” in which he argues - the same as the Fed - that the inflation we are seeing so far is likely to be temporary and prices will normalize again as we leg further away from unprecedented pandemic activity curtailments.</p><p><blockquote>...高盛首席经济学家Jan Hatzius在周二发表的一份题为“为什么经济不会过热”的报告中重申了这一点，他在报告中与美联储一样认为，我们迄今为止看到的通胀很可能是暂时的，随着我们进一步远离前所未有的大流行活动削减，价格将再次正常化。</blockquote></p><p> While we disagree - and so does Deutsche Bank,which sees nothing short of Weimar hyperinflationbeing unleashed by the Fed soon, something we first predicted in March 2009 as the ultimate endgame -&nbsp; it is interesting that today, at least, markets appear to be adopting this view judging by the collapse in 10Y nominal rates and the recent breach of the upward trendline in breakevens...</p><p><blockquote>虽然我们不同意——德意志银行也不同意，它认为美联储很快就会释放魏玛恶性通货膨胀，这是我们在2009年3月首次预测的最终结局——但有趣的是，至少在今天，市场似乎正在接受这一观点，从10年期名义利率的崩溃和最近盈亏平衡上升趋势线的突破来看...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ef6de63c2434121178b1a7b351df6ee9\" tg-width=\"500\" tg-height=\"308\" referrerpolicy=\"no-referrer\">... this even as China's PPI printed at a Lehman Sept 2008 high of 9.0% overnight.</p><p><blockquote>...尽管中国的PPI一夜之间达到了雷曼兄弟2008年9月的高点9.0%。</blockquote></p><p> So what, according to Goldman is the reason for receding inflation fears? As Hatzius and strategist Chris Hussey explain, the past 2 payrolls reports have been underwhelming as the rush back to work \"is being slowed by generous stimulus as well as an inability — perhaps — to simply process so many new workers. On the one hand, fewer available workers should push up wages as companies compete to attract new workers. But a more orderly stream of employment in the post-pandemic recovery may also allow for a more extended reopening period and perhaps a bit less top-line pressure on prices.\"</p><p><blockquote>那么，高盛认为通胀担忧消退的原因是什么呢？正如Hatzius和策略师Chris Hussey解释的那样，过去的两份就业报告并不令人印象深刻，因为“慷慨的刺激措施以及可能无法简单地处理如此多的新工人，导致重返工作岗位的热潮正在放缓。一方面，随着公司竞相吸引新工人，可用工人的减少应该会推高工资。但在大流行后的复苏中，更有序的就业流动也可能会延长重新开放期，并可能减轻价格的顶线压力。”</blockquote></p><p> Another reason for receding inflation fears may also simply be time. According to Goldman, as Americans become more accustomed to getting back to their daily routines, the strangeness of such activity recedes. And it is perhaps easier for investors to envision what‘normal’ will look like.&nbsp; And perhaps that vision is collectively coalescing around a‘new normal’ that looks surprisingly similiar to the pre-pandemic ‘old normal’.</p><p><blockquote>通胀担忧消退的另一个原因可能只是时间。高盛表示，随着美国人越来越习惯于回到日常生活中，这种活动的陌生感正在消退。投资者也许更容易想象“正常”会是什么样子。也许这种愿景正在围绕一种“新常态”集体凝聚，这种“新常态”看起来与大流行前的“旧常态”惊人地相似。</blockquote></p><p> Hatzius then elaborates why the recent inflation pickup will remain transitory: \"On the wage side,<b>labor supply should increase dramatically over the next 3-6 months as fear of the virus diminishes further and the $300/week benefit top-up expires—over the next few weeks in most Republican-controlled states and on September 6 in the remaining states.\"</b></p><p><blockquote>哈齐乌斯随后阐述了为什么最近的通胀回升仍将是暂时的：“在工资方面，<b>随着对病毒的恐惧进一步减弱以及每周300美元的福利充值到期，劳动力供应应该会在未来3-6个月内大幅增加——大多数共和党控制的州将在未来几周内到期，其余州将在9月6日到期。”</b></blockquote></p><p> In other words, employers will likely hold out another 3 months until the end of emergency benefits expire at which point they expect a flood of workers to reverse the calculus in the labor market,<b>from one of no labor supply to a flood of supply.</b></p><p><blockquote>换句话说，雇主可能会再坚持3个月，直到紧急福利到期，届时他们预计大量工人将扭转劳动力市场的格局，<b>从没有劳动力供应到大量供应。</b></blockquote></p><p> On the price side, Goldman's trimmed core PCE—which excludes the 30% most extreme month-to-month price changes, and as a reminder the surge in inflation last month was largely driven by soaring used car prices and transportation services, or as Goldman puts it \"outliers\" — remains at just 1.56% year-on-year, half the standard core PCE rate.&nbsp; This gap illustrates the unprecedented role of outliers in the recent inflation pickup.</p><p><blockquote>在价格方面，高盛削减的核心PCE——不包括30%最极端的月度价格变化，提醒一下上个月通胀飙升主要是由二手车价格和运输服务飙升推动的，或者正如高盛所说的“异常值”——同比仍仅为1.56%，是标准核心PCE利率的一半。这一差距说明了异常值在近期通胀回升中前所未有的作用。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3eaf58fed43ba69dc0224a4d192f457b\" tg-width=\"500\" tg-height=\"307\" referrerpolicy=\"no-referrer\">Ultimately, to Goldman, the biggest question in the overheating debate remains whether US output and employment will rise sharply above potential in the next few years. If the answer is yes, then inflation could indeed climb to undesirable levels on a more permanent basis. Predictably, Goldman's answer continues to be no, and here's why: \"Even though real GDP is nearly back to the pre-pandemic level, we still see significant slack in the economy based on the remaining jobs shortfall of nearly 8 million and the pandemic-driven productivity gain of 4.1% year-on-year in Q1. Moreover, we think sequential GDP growth has probably already peaked in monthly terms and will trend down from here as the fiscal impulse wanes, modestly at first and then more sharply in late 2021 and 2022.\"</p><p><blockquote>最终，对高盛来说，过热辩论中最大的问题仍然是美国产出和就业在未来几年是否会大幅高于潜力。如果答案是肯定的，那么通胀确实可能会在更持久的基础上攀升至不良水平。可以预见的是，高盛的答案仍然是否定的，原因如下：“尽管实际GDP几乎回到了大流行前的水平，但基于剩余的近800万个就业岗位缺口和大流行的推动，我们仍然看到经济显着疲软。第一季度生产率同比增长4.1%。此外，我们认为，按月计算，GDP环比增长可能已经见顶，随着财政刺激的减弱，GDP环比增长将呈下降趋势，先是温和，然后在2021年底和2022年大幅下降。”</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/5bbda3c1cc274419a5ecdfeea29dd30b\" tg-width=\"500\" tg-height=\"324\" referrerpolicy=\"no-referrer\">Here JPMorgan also chimes in and in a recent note from economist Dan Silver writes that as we prepare for the CPI print, it is worthwhile to consider the impacts of the removal of federal unemployment benefits and increasing hourly wages. In Silver's note, he illustrates the growth in job openings among low-income jobs.</p><p><blockquote>摩根大通也加入了进来，经济学家丹·西尔弗(Dan Silver)在最近的一份报告中写道，当我们准备CPI数据时，值得考虑取消联邦失业救济金和增加时薪的影响。在西尔弗的报告中，他说明了低收入工作岗位空缺的增长。</blockquote></p><p> JPM then asks the right question: \"<b>will wage increases remain durable if business owners know that supply is coming back online?\"</b>A question we have asked previously, and the answer is a decisive not. To JPM, if the answer is indeed no, \"we see a quicker than expected deceleration in wage growth, spending, and CPI.\" Although, alternatively, it seems more likely that we will also see a surge in jobs taken and potentially another leg higher in absolute macro data.</p><p><blockquote>摩根大通随后提出了正确的问题：“<b>如果企业主知道供应正在恢复，工资上涨会持续吗？”</b>我们以前问过这个问题，答案是决定性的否定。对于摩根大通来说，如果答案确实是否定的，“我们看到工资增长、支出和消费者物价指数的减速速度快于预期。”不过，或者，我们似乎更有可能看到就业岗位激增，绝对宏观数据也可能进一步走高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dd33a3897ee720aefc640dc061344a18\" tg-width=\"500\" tg-height=\"332\" referrerpolicy=\"no-referrer\">With that in mind, what's next on the inflation catalyst front and what will today's critical CPI print show?&nbsp; Here, Goldman estimates a 0.50% increase in May core CPI (in line with consensus), which will boost the year-on-year rate by six tenths to 3.55%, up from 3.0% which however is largely impacted by the base effect collapse of last year. Goldman's monthly core inflation forecast<b>\"reflects reopening-driven strength in airfares, hotel prices, and recreation prices.\"</b>Additionally, Goldman expects strong monthly readings in used cars (+6%) and new cars (+0.5%), reflecting \"one-time\" supply chain disruptions and microchip shortages.</p><p><blockquote>考虑到这一点，通胀催化剂方面的下一步是什么？今天的关键CPI数据将显示什么？在此，高盛预计5月份核心CPI将上涨0.50%（与共识一致），这将使同比增长率从3.0%提高十分之六至3.55%，但这在很大程度上受到基数效应崩溃的影响去年。高盛月度核心通胀预测<b>“反映了重新开放推动的机票、酒店价格和娱乐价格走强。”</b>此外，高盛预计二手车（+6%）和新车（+0.5%）的月度数据将强劲，反映出“一次性”供应链中断和微芯片短缺。</blockquote></p><p> And while the Fed is more concerned with PCE inflation rather than CPI, Goldman concludes that even though the inflation burst is transitory, \"<b>it will be interesting to see how markets react to a 3.5%+ inflation report in a monetary regime that presumably is focused on keeping inflation around 2%.\"</b></p><p><blockquote>尽管美联储更关心PCE通胀而不是CPI，但高盛的结论是，尽管通胀爆发是暂时的，”<b>在一个可能专注于将通胀率保持在2%左右的货币制度中，看看市场对3.5%以上的通胀报告有何反应将会很有趣。”</b></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/goldman-explains-why-economy-wont-overheat-no-matter-what-tomorrows-cpi-shows?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/goldman-explains-why-economy-wont-overheat-no-matter-what-tomorrows-cpi-shows?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127298356","content_text":"Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a furious shortsqueeze discussed earlier...\n... and as post-pandemic inflation concerns appear to be waning as quickly as they flared up.\nThis is a point we first brought up last month when observing the collapse in China's credit impulse, arguably the most important variable for the entire global reflationary narrative (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\")...\n... and it's a point that Goldman's chief economist Jan Hatzius reiterated in a note published on Tuesday titled simply \"Why the Economy Won’t Overheat,” in which he argues - the same as the Fed - that the inflation we are seeing so far is likely to be temporary and prices will normalize again as we leg further away from unprecedented pandemic activity curtailments.\nWhile we disagree - and so does Deutsche Bank,which sees nothing short of Weimar hyperinflationbeing unleashed by the Fed soon, something we first predicted in March 2009 as the ultimate endgame -  it is interesting that today, at least, markets appear to be adopting this view judging by the collapse in 10Y nominal rates and the recent breach of the upward trendline in breakevens...\n... this even as China's PPI printed at a Lehman Sept 2008 high of 9.0% overnight.\nSo what, according to Goldman is the reason for receding inflation fears? As Hatzius and strategist Chris Hussey explain, the past 2 payrolls reports have been underwhelming as the rush back to work \"is being slowed by generous stimulus as well as an inability — perhaps — to simply process so many new workers. On the one hand, fewer available workers should push up wages as companies compete to attract new workers. But a more orderly stream of employment in the post-pandemic recovery may also allow for a more extended reopening period and perhaps a bit less top-line pressure on prices.\"\nAnother reason for receding inflation fears may also simply be time. According to Goldman, as Americans become more accustomed to getting back to their daily routines, the strangeness of such activity recedes. And it is perhaps easier for investors to envision what‘normal’ will look like.  And perhaps that vision is collectively coalescing around a‘new normal’ that looks surprisingly similiar to the pre-pandemic ‘old normal’.\nHatzius then elaborates why the recent inflation pickup will remain transitory: \"On the wage side,labor supply should increase dramatically over the next 3-6 months as fear of the virus diminishes further and the $300/week benefit top-up expires—over the next few weeks in most Republican-controlled states and on September 6 in the remaining states.\"\nIn other words, employers will likely hold out another 3 months until the end of emergency benefits expire at which point they expect a flood of workers to reverse the calculus in the labor market,from one of no labor supply to a flood of supply.\nOn the price side, Goldman's trimmed core PCE—which excludes the 30% most extreme month-to-month price changes, and as a reminder the surge in inflation last month was largely driven by soaring used car prices and transportation services, or as Goldman puts it \"outliers\" — remains at just 1.56% year-on-year, half the standard core PCE rate.  This gap illustrates the unprecedented role of outliers in the recent inflation pickup.\nUltimately, to Goldman, the biggest question in the overheating debate remains whether US output and employment will rise sharply above potential in the next few years. If the answer is yes, then inflation could indeed climb to undesirable levels on a more permanent basis. Predictably, Goldman's answer continues to be no, and here's why: \"Even though real GDP is nearly back to the pre-pandemic level, we still see significant slack in the economy based on the remaining jobs shortfall of nearly 8 million and the pandemic-driven productivity gain of 4.1% year-on-year in Q1. Moreover, we think sequential GDP growth has probably already peaked in monthly terms and will trend down from here as the fiscal impulse wanes, modestly at first and then more sharply in late 2021 and 2022.\"\nHere JPMorgan also chimes in and in a recent note from economist Dan Silver writes that as we prepare for the CPI print, it is worthwhile to consider the impacts of the removal of federal unemployment benefits and increasing hourly wages. In Silver's note, he illustrates the growth in job openings among low-income jobs.\nJPM then asks the right question: \"will wage increases remain durable if business owners know that supply is coming back online?\"A question we have asked previously, and the answer is a decisive not. To JPM, if the answer is indeed no, \"we see a quicker than expected deceleration in wage growth, spending, and CPI.\" Although, alternatively, it seems more likely that we will also see a surge in jobs taken and potentially another leg higher in absolute macro data.\nWith that in mind, what's next on the inflation catalyst front and what will today's critical CPI print show?  Here, Goldman estimates a 0.50% increase in May core CPI (in line with consensus), which will boost the year-on-year rate by six tenths to 3.55%, up from 3.0% which however is largely impacted by the base effect collapse of last year. Goldman's monthly core inflation forecast\"reflects reopening-driven strength in airfares, hotel prices, and recreation prices.\"Additionally, Goldman expects strong monthly readings in used cars (+6%) and new cars (+0.5%), reflecting \"one-time\" supply chain disruptions and microchip shortages.\nAnd while the Fed is more concerned with PCE inflation rather than CPI, Goldman concludes that even though the inflation burst is transitory, \"it will be interesting to see how markets react to a 3.5%+ inflation report in a monetary regime that presumably is focused on keeping inflation around 2%.\"","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110257037,"gmtCreate":1622463507429,"gmtModify":1634101310551,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Thanks for the info!","listText":"Thanks for the info!","text":"Thanks for the info!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/110257037","repostId":"1164081350","repostType":4,"repost":{"id":"1164081350","kind":"news","pubTimestamp":1622442926,"share":"https://www.laohu8.com/m/news/1164081350?lang=zh_CN&edition=full","pubTime":"2021-05-31 14:35","market":"us","language":"en","title":"Is the Stock Market Open Today? Here Are the Hours on Memorial Day 2021.<blockquote>今天股市开市吗？以下是2021年阵亡将士纪念日的时间。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164081350","media":"Barrons","summary":"Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.\nSince it bec","content":"<p>Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.</p><p><blockquote>2021年阵亡将士纪念日到了，给美国交易员和其他人带来了一个长周末。</blockquote></p><p> Since it became a national holiday in 1971, Memorial Day has been the last Monday of May, honoring those who died while serving in the U.S. military. In this case, Memorial Day falls on the last day of the month.</p><p><blockquote>自1971年成为全国性节日以来，阵亡将士纪念日一直是五月的最后一个星期一，纪念那些在美国军队服役期间牺牲的人。在这种情况下，阵亡将士纪念日是这个月的最后一天。</blockquote></p><p> U.S. equities had&nbsp;a mostly dull&nbsp;week, with the&nbsp;S&amp;P 500 index&nbsp;rising 1.2% and the&nbsp;Dow Jones Industrial Average&nbsp;rising 0.9%. The S&amp;P 500 and Dow ended the month 2% and 0.6% higher, respectively.</p><p><blockquote>美国股市本周表现平淡，标准普尔500指数上涨1.2%，道琼斯工业平均指数上涨0.9%。标普500指数和道琼斯指数本月分别上涨2%和0.6%。</blockquote></p><p> The majority of the action this week was in more speculative areas of the market: Cryptocurrencies were on a roller-coaster ride and shares of Reddit favorites&nbsp;AMC Entertainment&nbsp;(ticker: AMC) and&nbsp;GameStop&nbsp;(GME) surged. Shares of AMC closed out the week&nbsp;116% higher.</p><p><blockquote>本周的大部分行动都发生在市场更具投机性的领域：加密货币经历了过山车般的走势，Reddit最受欢迎的AMC院线（股票代码：AMC）和游戏驿站（GME）的股价飙升。AMC股价本周收盘上涨116%。</blockquote></p><p> <b>Is the Stock Market Open on Memorial Day 2021?</b></p><p><blockquote><b>2021年阵亡将士纪念日股市开放吗？</b></blockquote></p><p> Investors must wait until Tuesday to see if those trends continue. The New York Stock Exchange and Nasdaq are both closed on Monday, May 31. The same is true for U.S. over-the-counter markets. They’ll be back open on Tuesday at 9:30 a.m. EDT. U.S. bond markets will also be closed.</p><p><blockquote>投资者必须等到周二才能看到这些趋势是否会持续。纽约证券交易所和纳斯达克均于5月31日星期一休市。美国场外市场也是如此。他们将于美国东部时间周二上午9:30重新开放。美国债券市场也将休市。</blockquote></p><p> <b>What About International Markets?</b></p><p><blockquote><b>国际市场呢？</b></blockquote></p><p> Since Memorial Day is an American holiday, international markets are mostly open. An exception is the London Stock Exchange, which will be closed for a bank holiday. The Toronto Stock Exchange, Shanghai Stock Exchange, Hong Kong stock exchange, and Tokyo Stock Exchange will be open.</p><p><blockquote>由于阵亡将士纪念日是美国假日，国际市场大多是开放的。伦敦证券交易所是个例外，该交易所将因银行假日休市。多伦多证券交易所、上海证券交易所、香港证券交易所、东京证券交易所将开放。</blockquote></p><p> <b>How Will Covid-19 Impact the Holiday?</b></p><p><blockquote><b>新冠肺炎将如何影响这个假期？</b></blockquote></p><p> Memorial Day events were largely restricted or canceled last year due to the Covid-19 pandemic. This year, the Centers for Disease Control and Prevention has said vaccinated Americans can travel and enjoy the holiday with other vaccinated friends.</p><p><blockquote>由于新冠肺炎疫情，去年阵亡将士纪念日活动在很大程度上受到限制或取消。今年，疾病控制和预防中心表示，接种疫苗的美国人可以和其他接种疫苗的朋友一起旅行和享受假期。</blockquote></p><p> “If you are vaccinated, you are protected, and you can enjoy your Memorial Day,” said CDC Director Dr. Rochelle P. Walensky,according to the New York Times. “If you are not vaccinated, our guidance has not changed for you, you remain at risk of infection. You still need to mask and take other precautions.”</p><p><blockquote>据《纽约时报》报道，疾病预防控制中心主任罗谢尔·P·瓦伦斯基博士说：“如果你接种了疫苗，你就会受到保护，你就可以享受阵亡将士纪念日。”“如果你没有接种疫苗，我们对你的指导没有改变，你仍然有感染的风险。你仍然需要戴口罩并采取其他预防措施。”</blockquote></p><p> While the U.S. is reopening, some things will be closed on Memorial Day because it’s a federal holiday. Mail, for example, will not be delivered.</p><p><blockquote>虽然美国正在重新开放，但一些事情将在阵亡将士纪念日关闭，因为这是一个联邦假日。例如，邮件将不会被投递。</blockquote></p><p> Memorial Day is a popular weekend for sales at home-improvement retailers such as&nbsp;Lowe’s&nbsp;(LOW) and&nbsp;Home Depo&nbsp;t(HD), which both benefited during the pandemic from&nbsp;consumers spending more on their homes.</p><p><blockquote>阵亡将士纪念日是Lowe's(LOW)和Home Depo T(HD)等家装零售商销售的热门周末，这两家零售商在疫情期间都受益于消费者在房屋上的支出增加。</blockquote></p><p> <b>How Have Stocks Performed Historically During the Week After Memorial Day?</b></p><p><blockquote><b>阵亡将士纪念日后一周，股票的历史表现如何？</b></blockquote></p><p> The S&amp;P 500 has posted gains 31 out of 50 times in the four-day weeks following Memorial Days since 1971. Its average percentage change is 0.5%. The Dow has gained 27 out of 50 times over the same period. It averaged a percentage change of 0.4%.</p><p><blockquote>自1971年以来，在阵亡将士纪念日之后的四天周内，标普500 50次上涨中有31次。其平均百分比变化为0.5%。同期，道琼斯指数上涨了50倍中的27倍。平均百分比变化为0.4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c62a3828e77bc897198199c8ff4d3c69\" tg-width=\"976\" tg-height=\"644\"></p><p><blockquote></blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is the Stock Market Open Today? Here Are the Hours on Memorial Day 2021.<blockquote>今天股市开市吗？以下是2021年阵亡将士纪念日的时间。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs the Stock Market Open Today? Here Are the Hours on Memorial Day 2021.<blockquote>今天股市开市吗？以下是2021年阵亡将士纪念日的时间。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-05-31 14:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.</p><p><blockquote>2021年阵亡将士纪念日到了，给美国交易员和其他人带来了一个长周末。</blockquote></p><p> Since it became a national holiday in 1971, Memorial Day has been the last Monday of May, honoring those who died while serving in the U.S. military. In this case, Memorial Day falls on the last day of the month.</p><p><blockquote>自1971年成为全国性节日以来，阵亡将士纪念日一直是五月的最后一个星期一，纪念那些在美国军队服役期间牺牲的人。在这种情况下，阵亡将士纪念日是这个月的最后一天。</blockquote></p><p> U.S. equities had&nbsp;a mostly dull&nbsp;week, with the&nbsp;S&amp;P 500 index&nbsp;rising 1.2% and the&nbsp;Dow Jones Industrial Average&nbsp;rising 0.9%. The S&amp;P 500 and Dow ended the month 2% and 0.6% higher, respectively.</p><p><blockquote>美国股市本周表现平淡，标准普尔500指数上涨1.2%，道琼斯工业平均指数上涨0.9%。标普500指数和道琼斯指数本月分别上涨2%和0.6%。</blockquote></p><p> The majority of the action this week was in more speculative areas of the market: Cryptocurrencies were on a roller-coaster ride and shares of Reddit favorites&nbsp;AMC Entertainment&nbsp;(ticker: AMC) and&nbsp;GameStop&nbsp;(GME) surged. Shares of AMC closed out the week&nbsp;116% higher.</p><p><blockquote>本周的大部分行动都发生在市场更具投机性的领域：加密货币经历了过山车般的走势，Reddit最受欢迎的AMC院线（股票代码：AMC）和游戏驿站（GME）的股价飙升。AMC股价本周收盘上涨116%。</blockquote></p><p> <b>Is the Stock Market Open on Memorial Day 2021?</b></p><p><blockquote><b>2021年阵亡将士纪念日股市开放吗？</b></blockquote></p><p> Investors must wait until Tuesday to see if those trends continue. The New York Stock Exchange and Nasdaq are both closed on Monday, May 31. The same is true for U.S. over-the-counter markets. They’ll be back open on Tuesday at 9:30 a.m. EDT. U.S. bond markets will also be closed.</p><p><blockquote>投资者必须等到周二才能看到这些趋势是否会持续。纽约证券交易所和纳斯达克均于5月31日星期一休市。美国场外市场也是如此。他们将于美国东部时间周二上午9:30重新开放。美国债券市场也将休市。</blockquote></p><p> <b>What About International Markets?</b></p><p><blockquote><b>国际市场呢？</b></blockquote></p><p> Since Memorial Day is an American holiday, international markets are mostly open. An exception is the London Stock Exchange, which will be closed for a bank holiday. The Toronto Stock Exchange, Shanghai Stock Exchange, Hong Kong stock exchange, and Tokyo Stock Exchange will be open.</p><p><blockquote>由于阵亡将士纪念日是美国假日，国际市场大多是开放的。伦敦证券交易所是个例外，该交易所将因银行假日休市。多伦多证券交易所、上海证券交易所、香港证券交易所、东京证券交易所将开放。</blockquote></p><p> <b>How Will Covid-19 Impact the Holiday?</b></p><p><blockquote><b>新冠肺炎将如何影响这个假期？</b></blockquote></p><p> Memorial Day events were largely restricted or canceled last year due to the Covid-19 pandemic. This year, the Centers for Disease Control and Prevention has said vaccinated Americans can travel and enjoy the holiday with other vaccinated friends.</p><p><blockquote>由于新冠肺炎疫情，去年阵亡将士纪念日活动在很大程度上受到限制或取消。今年，疾病控制和预防中心表示，接种疫苗的美国人可以和其他接种疫苗的朋友一起旅行和享受假期。</blockquote></p><p> “If you are vaccinated, you are protected, and you can enjoy your Memorial Day,” said CDC Director Dr. Rochelle P. Walensky,according to the New York Times. “If you are not vaccinated, our guidance has not changed for you, you remain at risk of infection. You still need to mask and take other precautions.”</p><p><blockquote>据《纽约时报》报道，疾病预防控制中心主任罗谢尔·P·瓦伦斯基博士说：“如果你接种了疫苗，你就会受到保护，你就可以享受阵亡将士纪念日。”“如果你没有接种疫苗，我们对你的指导没有改变，你仍然有感染的风险。你仍然需要戴口罩并采取其他预防措施。”</blockquote></p><p> While the U.S. is reopening, some things will be closed on Memorial Day because it’s a federal holiday. Mail, for example, will not be delivered.</p><p><blockquote>虽然美国正在重新开放，但一些事情将在阵亡将士纪念日关闭，因为这是一个联邦假日。例如，邮件将不会被投递。</blockquote></p><p> Memorial Day is a popular weekend for sales at home-improvement retailers such as&nbsp;Lowe’s&nbsp;(LOW) and&nbsp;Home Depo&nbsp;t(HD), which both benefited during the pandemic from&nbsp;consumers spending more on their homes.</p><p><blockquote>阵亡将士纪念日是Lowe's(LOW)和Home Depo T(HD)等家装零售商销售的热门周末，这两家零售商在疫情期间都受益于消费者在房屋上的支出增加。</blockquote></p><p> <b>How Have Stocks Performed Historically During the Week After Memorial Day?</b></p><p><blockquote><b>阵亡将士纪念日后一周，股票的历史表现如何？</b></blockquote></p><p> The S&amp;P 500 has posted gains 31 out of 50 times in the four-day weeks following Memorial Days since 1971. Its average percentage change is 0.5%. The Dow has gained 27 out of 50 times over the same period. It averaged a percentage change of 0.4%.</p><p><blockquote>自1971年以来，在阵亡将士纪念日之后的四天周内，标普500 50次上涨中有31次。其平均百分比变化为0.5%。同期，道琼斯指数上涨了50倍中的27倍。平均百分比变化为0.4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c62a3828e77bc897198199c8ff4d3c69\" tg-width=\"976\" tg-height=\"644\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stock-market-memorial-day-2021-51622246416?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/stock-market-memorial-day-2021-51622246416?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164081350","content_text":"Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.\nSince it became a national holiday in 1971, Memorial Day has been the last Monday of May, honoring those who died while serving in the U.S. military. In this case, Memorial Day falls on the last day of the month.\nU.S. equities had a mostly dull week, with the S&P 500 index rising 1.2% and the Dow Jones Industrial Average rising 0.9%. The S&P 500 and Dow ended the month 2% and 0.6% higher, respectively.\nThe majority of the action this week was in more speculative areas of the market: Cryptocurrencies were on a roller-coaster ride and shares of Reddit favorites AMC Entertainment (ticker: AMC) and GameStop (GME) surged. Shares of AMC closed out the week 116% higher.\nIs the Stock Market Open on Memorial Day 2021?\nInvestors must wait until Tuesday to see if those trends continue. The New York Stock Exchange and Nasdaq are both closed on Monday, May 31. The same is true for U.S. over-the-counter markets. They’ll be back open on Tuesday at 9:30 a.m. EDT. U.S. bond markets will also be closed.\nWhat About International Markets?\nSince Memorial Day is an American holiday, international markets are mostly open. An exception is the London Stock Exchange, which will be closed for a bank holiday. The Toronto Stock Exchange, Shanghai Stock Exchange, Hong Kong stock exchange, and Tokyo Stock Exchange will be open.\nHow Will Covid-19 Impact the Holiday?\nMemorial Day events were largely restricted or canceled last year due to the Covid-19 pandemic. This year, the Centers for Disease Control and Prevention has said vaccinated Americans can travel and enjoy the holiday with other vaccinated friends.\n“If you are vaccinated, you are protected, and you can enjoy your Memorial Day,” said CDC Director Dr. Rochelle P. Walensky,according to the New York Times. “If you are not vaccinated, our guidance has not changed for you, you remain at risk of infection. You still need to mask and take other precautions.”\nWhile the U.S. is reopening, some things will be closed on Memorial Day because it’s a federal holiday. Mail, for example, will not be delivered.\nMemorial Day is a popular weekend for sales at home-improvement retailers such as Lowe’s (LOW) and Home Depo t(HD), which both benefited during the pandemic from consumers spending more on their homes.\nHow Have Stocks Performed Historically During the Week After Memorial Day?\nThe S&P 500 has posted gains 31 out of 50 times in the four-day weeks following Memorial Days since 1971. Its average percentage change is 0.5%. The Dow has gained 27 out of 50 times over the same period. It averaged a percentage change of 0.4%.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":634,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143064718,"gmtCreate":1625752999034,"gmtModify":1631890604956,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Should buy the dip?","listText":"Should buy the dip?","text":"Should buy the dip?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143064718","repostId":"1162204971","repostType":4,"isVote":1,"tweetType":1,"viewCount":1539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161798625,"gmtCreate":1623939901167,"gmtModify":1631890604983,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161798625","repostId":"2144741992","repostType":4,"isVote":1,"tweetType":1,"viewCount":1929,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161388682,"gmtCreate":1623905194246,"gmtModify":1631890604994,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Should buy?","listText":"Should buy?","text":"Should buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161388682","repostId":"2143794095","repostType":4,"isVote":1,"tweetType":1,"viewCount":1813,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134839482,"gmtCreate":1622214551246,"gmtModify":1634182743068,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Can continue to buy?","listText":"Can continue to buy?","text":"Can continue to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134839482","repostId":"1171052675","repostType":4,"isVote":1,"tweetType":1,"viewCount":651,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884303830,"gmtCreate":1631852306620,"gmtModify":1631890604937,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Oh so AMC and GME can still buy and hodl? Bullish!","listText":"Oh so AMC and GME can still buy and hodl? Bullish!","text":"Oh so AMC and GME can still buy and hodl? Bullish!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884303830","repostId":"1101501778","repostType":4,"isVote":1,"tweetType":1,"viewCount":1479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120789666,"gmtCreate":1624337429455,"gmtModify":1631890604969,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120789666","repostId":"2145032477","repostType":4,"isVote":1,"tweetType":1,"viewCount":1980,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160981027,"gmtCreate":1623769273269,"gmtModify":1631890605032,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Hopefully the other crypto currencies also go up!","listText":"Hopefully the other crypto currencies also go up!","text":"Hopefully the other crypto currencies also go up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160981027","repostId":"1123375053","repostType":4,"isVote":1,"tweetType":1,"viewCount":3043,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187582471,"gmtCreate":1623759138593,"gmtModify":1631890605067,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187582471","repostId":"1178091722","repostType":4,"isVote":1,"tweetType":1,"viewCount":649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139846106,"gmtCreate":1621608686705,"gmtModify":1634187665488,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Finally!","listText":"Finally!","text":"Finally!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139846106","repostId":"1104206984","repostType":4,"repost":{"id":"1104206984","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621602307,"share":"https://www.laohu8.com/m/news/1104206984?lang=zh_CN&edition=full","pubTime":"2021-05-21 21:05","market":"us","language":"en","title":"Nvidia announces four-for-one stock split<blockquote>英伟达宣布四比一的股票分割</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104206984","media":"Tiger Newspress","summary":"Nvidia stock surged 4% in premarket trading after Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtu","content":"<p>Nvidia&nbsp;stock&nbsp;surged&nbsp;4%&nbsp;in premarket trading&nbsp;after&nbsp;Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.</p><p><blockquote>英伟达宣布进行四比一的股票分割后，英伟达股价在盘前交易中飙升4%，等待股东在定于6月3日举行的年会上批准。</blockquote></p><p><img src=\"https://static.tigerbbs.com/7ce7f341b06f2a7d0ff51e4ab3cb6f2e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.</p><p><blockquote>英伟达今天宣布，其董事会宣布以股票股息的形式将英伟达普通股进行四比一的分割，以使投资者和员工更容易获得股权。</blockquote></p><p>The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.</p><p><blockquote>股票股息的条件是在公司2021年年度股东大会（将于太平洋时间6月3日星期四上午11点举行）上获得股东批准，将普通股授权股数增加到40亿股。</blockquote></p><p>If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.</p><p><blockquote>如果获得批准，在2021年6月21日营业结束时登记在册的每位NVIDIA股东将获得在登记日持有的每股额外三股普通股的股息，该股息将在交易结束后分配2021年7月19日。预计将于7月20日在股票分割调整后开始交易。</blockquote></p><p><b>About NVIDIA</b></p><p><blockquote><b>关于英伟达</b></blockquote></p><p>NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.</p><p><blockquote>英伟达（纳斯达克股票代码：NVDA）于1999年发明的GPU引发了PC游戏市场的增长，并重新定义了现代计算机图形、高性能计算和人工智能。该公司在加速计算和人工智能方面的开创性工作正在重塑交通、医疗保健和制造业等价值数万亿美元的行业，并推动许多其他行业的增长。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia announces four-for-one stock split<blockquote>英伟达宣布四比一的股票分割</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia announces four-for-one stock split<blockquote>英伟达宣布四比一的股票分割</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-05-21 21:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nvidia&nbsp;stock&nbsp;surged&nbsp;4%&nbsp;in premarket trading&nbsp;after&nbsp;Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.</p><p><blockquote>英伟达宣布进行四比一的股票分割后，英伟达股价在盘前交易中飙升4%，等待股东在定于6月3日举行的年会上批准。</blockquote></p><p><img src=\"https://static.tigerbbs.com/7ce7f341b06f2a7d0ff51e4ab3cb6f2e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.</p><p><blockquote>英伟达今天宣布，其董事会宣布以股票股息的形式将英伟达普通股进行四比一的分割，以使投资者和员工更容易获得股权。</blockquote></p><p>The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.</p><p><blockquote>股票股息的条件是在公司2021年年度股东大会（将于太平洋时间6月3日星期四上午11点举行）上获得股东批准，将普通股授权股数增加到40亿股。</blockquote></p><p>If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.</p><p><blockquote>如果获得批准，在2021年6月21日营业结束时登记在册的每位NVIDIA股东将获得在登记日持有的每股额外三股普通股的股息，该股息将在交易结束后分配2021年7月19日。预计将于7月20日在股票分割调整后开始交易。</blockquote></p><p><b>About NVIDIA</b></p><p><blockquote><b>关于英伟达</b></blockquote></p><p>NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.</p><p><blockquote>英伟达（纳斯达克股票代码：NVDA）于1999年发明的GPU引发了PC游戏市场的增长，并重新定义了现代计算机图形、高性能计算和人工智能。该公司在加速计算和人工智能方面的开创性工作正在重塑交通、医疗保健和制造业等价值数万亿美元的行业，并推动许多其他行业的增长。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104206984","content_text":"Nvidia stock surged 4% in premarket trading after Nvidia announcing four-for-one stock split, pending stockholder approval at annual meeting set for june 3.NVIDIA today announced that its board of directors declared a four-for-one split of NVIDIA’s common stock in the form of a stock dividend to make stock ownership more accessible to investors and employees.The stock dividend is conditioned on obtaining stockholder approval at the company’s 2021 Annual Meeting of Stockholders ― to be held virtually on Thursday, June 3, at 11 a.m. PT ― to increase the number of authorized shares of common stock to 4 billion shares.If approval is obtained, each NVIDIA stockholder of record at the close of business on June 21, 2021, will receive a dividend of three additional shares of common stock for every share held on the record date, to be distributed after the close of trading on July 19, 2021. Trading is expected to begin on a stock split-adjusted basis on July 20.About NVIDIANVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130972118,"gmtCreate":1621508897434,"gmtModify":1634188580020,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"All right","listText":"All right","text":"All right","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/130972118","repostId":"2136237739","repostType":4,"repost":{"id":"2136237739","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1621503605,"share":"https://www.laohu8.com/m/news/2136237739?lang=zh_CN&edition=full","pubTime":"2021-05-20 17:40","market":"us","language":"en","title":"5 Stocks To Watch For May 20, 2021<blockquote>2021年5月20日值得关注的5只股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2136237739","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:","content":"<p>Some of the stocks that may grab investor focus today are:</p><p><blockquote>今天可能引起投资者关注的一些股票包括：</blockquote></p><p> <ul>  <li>Wall Street expects <b> Hormel Foods Corp</b> (NYSE:HRL) to report quarterly earnings at $0.41 per share on revenue of $2.42 billion before the opening bell. Hormel shares gained 0.2% to $46.05 in after-hours trading.</li>  <li><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b> (NYSE:LB) reported better-than-expected earnings for its first quarter and issued strong earnings forecast for the current quarter. The company named Wendy Arlin as Bath &amp; Body Works CFO and Tim Johnson as Victoria's Secret CFO. L Brands shares fell 2% to $65.95 in the after-hours trading session.</li>  <li>Analysts are expecting <b> BJs Wholesale Club Holdings Inc</b> (NYSE:BJ) to have earned $0.57 per share on revenue of $3.62 billion for the latest quarter. The company will release earnings before the markets open. BJs Wholesale shares rose 1.2% to $49.14 in after-hours trading.</li> </ul> <ul>  <li><b>Cisco Systems Inc</b> (NASDAQ:CSCO) reported upbeat results for its third quarter, but issued weak profit forecast for the current quarter. Cisco shares dropped 5.6% to $49.52 in the after-hours trading session.</li>  <li>Analysts expect <b> Applied Materials, Inc.</b> (NASDAQ:AMAT) to post quarterly earnings at $1.51 per share on revenue of $5.41 billion after the closing bell. Applied Materials shares gained 2.5% to close at $124.80 on Wednesday.</li> </ul></p><p><blockquote><ul><li>华尔街预计<b>荷美尔食品公司</b>（纽约证券交易所股票代码：HRL）将在开盘前公布季度收益为每股0.41美元，营收为24.2亿美元。荷美尔股价在盘后交易中上涨0.2%，至46.05美元。</li><li><b><a href=\"https://laohu8.com/S/LB\">L品牌公司</a></b>（纽约证券交易所股票代码：LB）公布了好于预期的第一季度盈利，并发布了强劲的本季度盈利预测。该公司任命温迪·阿林(Wendy Arlin)为Bath&amp;Body Works首席财务官，蒂姆·约翰逊(Tim Johnson)为维多利亚的秘密首席财务官。L Brands股价在盘后交易时段下跌2%，至65.95美元。</li><li>分析师预计<b>BJs批发俱乐部控股公司</b>（纽约证券交易所股票代码：BJ）最近一个季度每股收益0.57美元，营收为36.2亿美元。该公司将在开市前发布财报。BJs Wholesale股价在盘后交易中上涨1.2%至49.14美元。</li></ul><ul><li><b>思科系统公司</b>（纳斯达克：CSCO）公布了乐观的第三季度业绩，但发布了疲软的本季度利润预测。思科股价在盘后交易时段下跌5.6%，至49.52美元。</li><li>分析师预计<b>应用材料公司。</b>（纳斯达克：AMAT）收盘后公布季度收益为每股1.51美元，营收为54.1亿美元。应用材料公司股价周三上涨2.5%，收于124.80美元。</li></ul></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Stocks To Watch For May 20, 2021<blockquote>2021年5月20日值得关注的5只股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks To Watch For May 20, 2021<blockquote>2021年5月20日值得关注的5只股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-05-20 17:40</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p><p><blockquote>今天可能引起投资者关注的一些股票包括：</blockquote></p><p> <ul>  <li>Wall Street expects <b> Hormel Foods Corp</b> (NYSE:HRL) to report quarterly earnings at $0.41 per share on revenue of $2.42 billion before the opening bell. Hormel shares gained 0.2% to $46.05 in after-hours trading.</li>  <li><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b> (NYSE:LB) reported better-than-expected earnings for its first quarter and issued strong earnings forecast for the current quarter. The company named Wendy Arlin as Bath &amp; Body Works CFO and Tim Johnson as Victoria's Secret CFO. L Brands shares fell 2% to $65.95 in the after-hours trading session.</li>  <li>Analysts are expecting <b> BJs Wholesale Club Holdings Inc</b> (NYSE:BJ) to have earned $0.57 per share on revenue of $3.62 billion for the latest quarter. The company will release earnings before the markets open. BJs Wholesale shares rose 1.2% to $49.14 in after-hours trading.</li> </ul> <ul>  <li><b>Cisco Systems Inc</b> (NASDAQ:CSCO) reported upbeat results for its third quarter, but issued weak profit forecast for the current quarter. Cisco shares dropped 5.6% to $49.52 in the after-hours trading session.</li>  <li>Analysts expect <b> Applied Materials, Inc.</b> (NASDAQ:AMAT) to post quarterly earnings at $1.51 per share on revenue of $5.41 billion after the closing bell. Applied Materials shares gained 2.5% to close at $124.80 on Wednesday.</li> </ul></p><p><blockquote><ul><li>华尔街预计<b>荷美尔食品公司</b>（纽约证券交易所股票代码：HRL）将在开盘前公布季度收益为每股0.41美元，营收为24.2亿美元。荷美尔股价在盘后交易中上涨0.2%，至46.05美元。</li><li><b><a href=\"https://laohu8.com/S/LB\">L品牌公司</a></b>（纽约证券交易所股票代码：LB）公布了好于预期的第一季度盈利，并发布了强劲的本季度盈利预测。该公司任命温迪·阿林(Wendy Arlin)为Bath&amp;Body Works首席财务官，蒂姆·约翰逊(Tim Johnson)为维多利亚的秘密首席财务官。L Brands股价在盘后交易时段下跌2%，至65.95美元。</li><li>分析师预计<b>BJs批发俱乐部控股公司</b>（纽约证券交易所股票代码：BJ）最近一个季度每股收益0.57美元，营收为36.2亿美元。该公司将在开市前发布财报。BJs Wholesale股价在盘后交易中上涨1.2%至49.14美元。</li></ul><ul><li><b>思科系统公司</b>（纳斯达克：CSCO）公布了乐观的第三季度业绩，但发布了疲软的本季度利润预测。思科股价在盘后交易时段下跌5.6%，至49.52美元。</li><li>分析师预计<b>应用材料公司。</b>（纳斯达克：AMAT）收盘后公布季度收益为每股1.51美元，营收为54.1亿美元。应用材料公司股价周三上涨2.5%，收于124.80美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CSCO":"思科","BJ":"BJ批发俱乐部","LB":"LandBridge Co. LLC","HRL":"荷美尔"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136237739","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects  Hormel Foods Corp (NYSE:HRL) to report quarterly earnings at $0.41 per share on revenue of $2.42 billion before the opening bell. Hormel shares gained 0.2% to $46.05 in after-hours trading.\nL Brands Inc (NYSE:LB) reported better-than-expected earnings for its first quarter and issued strong earnings forecast for the current quarter. The company named Wendy Arlin as Bath & Body Works CFO and Tim Johnson as Victoria's Secret CFO. L Brands shares fell 2% to $65.95 in the after-hours trading session.\nAnalysts are expecting  BJs Wholesale Club Holdings Inc (NYSE:BJ) to have earned $0.57 per share on revenue of $3.62 billion for the latest quarter. The company will release earnings before the markets open. BJs Wholesale shares rose 1.2% to $49.14 in after-hours trading.\n\n\nCisco Systems Inc (NASDAQ:CSCO) reported upbeat results for its third quarter, but issued weak profit forecast for the current quarter. Cisco shares dropped 5.6% to $49.52 in the after-hours trading session.\nAnalysts expect  Applied Materials, Inc. (NASDAQ:AMAT) to post quarterly earnings at $1.51 per share on revenue of $5.41 billion after the closing bell. Applied Materials shares gained 2.5% to close at $124.80 on Wednesday.","news_type":1,"symbols_score_info":{"CSCO":0.9,"HRL":0.9,"BJ":0.9,"LB":0.9}},"isVote":1,"tweetType":1,"viewCount":510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160922444,"gmtCreate":1623770065788,"gmtModify":1631890605004,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160922444","repostId":"1150591447","repostType":4,"isVote":1,"tweetType":1,"viewCount":1251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160982356,"gmtCreate":1623769370875,"gmtModify":1631890605018,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160982356","repostId":"2142788371","repostType":4,"repost":{"id":"2142788371","kind":"highlight","pubTimestamp":1623627985,"share":"https://www.laohu8.com/m/news/2142788371?lang=zh_CN&edition=full","pubTime":"2021-06-14 07:46","market":"us","language":"en","title":"Here’s what the market wants — and doesn’t want — to hear from Powell at this week’s Fed meeting<blockquote>以下是市场希望——和不希望——在本周的美联储会议上听到鲍威尔的话</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2142788371","media":"MarketWatch","summary":"All eyes on the Fed!\n\"Alas, poor inflation! I knew him, Horatio.\" MARKETWATCH PHOTO ILLUSTRATION/GET","content":"<p>All eyes on the Fed!</p><p><blockquote>所有人都在关注美联储！</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4c83a98ead1e0406f6e21bde6e1f550\" tg-width=\"1260\" tg-height=\"876\"><span>\"Alas, poor inflation! I knew him, Horatio.\" MARKETWATCH PHOTO ILLUSTRATION/GETTY IMAGES, EVERETT COLLECTION</span></p><p><blockquote><p class=\"t-img-caption\"><span>“唉，可怜的通货膨胀！我认识他，霍雷肖。”MARKETWATCH照片插图/盖蒂图片社，埃弗雷特收藏</span></p></blockquote></p><p> You couldn’t fault Wall Street for envisaging a bit of Hamlet in Jerome Powell at the Federal Open Market Committee’s June policy meeting this coming week:</p><p><blockquote>你不能责怪华尔街在下周的联邦公开市场委员会六月政策会议上设想杰罗姆·鲍威尔有点像哈姆雷特：</blockquote></p><p> Transitory, or not transitory?</p><p><blockquote>短暂的，还是不短暂的？</blockquote></p><p> Therein lies the question that the interest rate-setting Fed committee needs to answer for financial markets on Wednesday, at the conclusion of the FOMC’s two-day gathering.</p><p><blockquote>这就是周三FOMC为期两天的会议结束时，制定利率的美联储委员会需要为金融市场回答的问题。</blockquote></p><p> Whether ’tis nobler in the mind to suffer the slings and arrows of outrageous inflation or to take arms against a sea of troubles, as Hamlet might have said if he had been a central bank governor.</p><p><blockquote>如果哈姆雷特是央行行长，他可能会说，忍受令人愤慨的通货膨胀的弹弓和箭，还是拿起武器对抗麻烦的海洋，在思想上更高尚。</blockquote></p><p> Of course, no one is expecting fireworks at this coming meeting but it could still proof a pivotal point for stocks and bonds.</p><p><blockquote>当然，没有人预计即将到来的会议会有烟花，但它仍可能证明是股票和债券的关键点。</blockquote></p><p> That is especially true with the S&amp;P 500 index,the Dow Jones Industrial Average,and the Nasdaq Composite Index,hovering at, or near, record closing highs.</p><p><blockquote>标普500指数、道琼斯工业平均指数和纳斯达克综合指数尤其如此，它们徘徊在或接近历史收盘高点。</blockquote></p><p> The Fed meeting comes against the backdrop of growing evidence of pricing pressures building in the economy as it recovers from the COVID pandemic of the past year and vaccination rollouts allow businesses to return to some semblance of normality.</p><p><blockquote>美联储会议召开之际，越来越多的证据表明，随着经济从过去一年的新冠疫情中复苏，以及疫苗接种的推出使企业恢复了某种程度的正常状态，定价压力正在加大。</blockquote></p><p> Last Thursday’s&nbsp;consumer-price index report&nbsp;from the U.S. Labor Department showed that the cost of living surged in May and drove the&nbsp;pace of inflation&nbsp;to a 13-year high of 5%, reflecting a broad increase in prices confronting Americans.</p><p><blockquote>美国劳工部上周四发布的消费者价格指数报告显示，5月份生活成本飙升，推动通胀率升至5%的13年高点，反映出美国人面临的物价普遍上涨。</blockquote></p><p> “The critical question now is whether this elevated rate of inflation is ‘transitory’ or whether higher prices risk becoming psychologically entrenched,” wrote Matt Weller, global head of market research at Forex.com in a Friday research note.</p><p><blockquote>Forex.com全球市场研究主管马特·韦勒(Matt Weller)在周五的一份研究报告中写道：“现在的关键问题是，通胀率上升是否是‘暂时的’，或者价格上涨是否有可能在心理上根深蒂固。”</blockquote></p><p> The fixed-income market may already have had its say on inflation, with the yields on the 10-year Treasury note&nbsp;and the 30-year Treasury bond&nbsp;hanging around their lowest levels since at least early March.</p><p><blockquote>固定收益市场可能已经对通胀有了发言权，10年期国债和30年期国债收益率徘徊在至少3月初以来的最低水平附近。</blockquote></p><p> Treasury and stock-market investors are viewing the surge in inflation as fostered by supply chain distortions as consumers splurge after the pandemic, along with statistical base effects as last year’s falling prices drop out of the annual calculations, and therefore likely to be fleeting.</p><p><blockquote>财政部和股市投资者认为，随着消费者在大流行后挥霍，供应链扭曲加剧了通胀飙升，以及去年价格下跌退出年度计算的统计基数效应，因此可能转瞬即逝。</blockquote></p><p> Is isn’t clear exactly however what transitory means — months, years ? How long are elevated levels of inflation to be tolerated before market participants and the Fed lose patience with inflation that undermines asset prices?</p><p><blockquote>然而，不清楚过渡到底是什么意思——几个月、几年？在市场参与者和美联储对破坏资产价格的通胀失去耐心之前，高通胀水平还要容忍多久？</blockquote></p><p> “Going forward to the end of 2021 and into 2022, policy makers continue to expect inflation to subside back down nearer their 2% objective, is a message the Committee is likely to reiterate at next week’s meeting,” wrote Lindsey Piegza, chief economist at Stifel in a Friday note.</p><p><blockquote>首席经济学家Lindsey Piegza写道：“展望2021年底和2022年，政策制定者继续预计通胀将回落至接近2%的目标，委员会可能会在下周的会议上重申这一信息。”Stifel在周五的一份报告中。</blockquote></p><p> “That being said, the U.S. economy is clearly gaining momentum, with the labor market adding more than 500,000 jobs a month. Therefore, while no policy adjustment is expected in June, nor an announcement of a timeline for an eventual adjustment to policy, at least some Fed members are expected to push for a discussion in the coming months regarding an eventual rollback of emergency measures,” she said.</p><p><blockquote>“话虽如此，美国经济显然正在获得动力，劳动力市场每月增加超过50万个工作岗位。因此，虽然预计6月份不会进行政策调整，也不会宣布最终调整政策的时间表，但至少一些美联储成员预计将在未来几个月推动讨论最终取消紧急措施，”她说。</blockquote></p><p> Some traders, analysts and economists are betting the Fed will aim to articulate the view that the tapering of its $120 billion a month purchase of assets, implemented during the worst of the pandemic, will begin by towards the end of 2021.</p><p><blockquote>一些交易员、分析师和经济学家押注，美联储将致力于阐明这样一种观点，即在疫情最严重时期实施的每月1200亿美元资产购买计划将于2021年底开始缩减。</blockquote></p><p> The Fed may talk about talking about tapering in June and by August or September begin the work toward a roll back.</p><p><blockquote>美联储可能会在6月份谈论缩减规模，并在8月或9月开始缩减规模。</blockquote></p><p> In the face of rising inflation, the timing of any tapering looks tricky for the U.S. central bank since the recovery in the labor market still looks shaky, relative to the the demand for workers, and is reflected in the&nbsp;weaker-than-expected May nonfarm payrolls report&nbsp;and the job openings data from last week&nbsp;which hit a record 9.3 million.</p><p><blockquote>面对通胀上升，任何缩减购债规模的时机对美联储来说都很棘手，因为相对于对工人的需求，劳动力市场的复苏看起来仍然不稳定，这反映在弱于预期的5月份非农就业报告和上周的职位空缺数据达到创纪录的930万个。</blockquote></p><p> Lawrence Gillum, fixed-income strategist for LPL Financial, said that the key thing the market wants to here is the timing of the Fed’s tapering. He also noted the tapering of the central bank’s $40 billion of mortgage-backed securities in particular will be important because the housing market is widely viewed as overheated.</p><p><blockquote>LPL Financial固定收益策略师Lawrence Gillum表示，市场想要的关键是美联储缩减购债规模的时机。他还指出，央行缩减400亿美元抵押贷款支持证券尤其重要，因为人们普遍认为房地产市场过热。</blockquote></p><p> “The main thing we’d like to hear next week is how and when the Fed plans to reduce its bond purchase programs,” Gillum said.</p><p><blockquote>吉勒姆表示：“下周我们最想听到的是美联储计划如何以及何时缩减债券购买计划。”</blockquote></p><p> “Additionally, why the Fed continues to buy $40 billion in mortgage securities every month when the housing market, by all accounts, doesn’t need that support. Will we get that clarity? Probably not,” he offered.</p><p><blockquote>“此外，为什么美联储继续每月购买400亿美元的抵押贷款证券，而从各方面来看，房地产市场都不需要这种支持。我们会弄清楚吗？可能不会，”他提出。</blockquote></p><p> Andrew Hunter, senior U.S. economist at Capital Economics, in a Friday report, said that in that context, he still expects policy makers to convey a go-slow approach to any scaling back of monetary accommodation.</p><p><blockquote>凯投宏观(Capital Economics)美国高级经济学家安德鲁·亨特(Andrew Hunter)在周五的一份报告中表示，在这种背景下，他仍然预计政策制定者将对任何缩减货币宽松政策采取缓慢态度。</blockquote></p><p></p><p> “While we suspect that Fed officials may finally begin ‘talking about talking about’ tapering their asset purchases at next week’s&nbsp;FOMC meeting, they are likely to emphasize that the economy is still some way from making ‘substantial further progress’ towards their goals,” he said.</p><p><blockquote>“虽然我们怀疑美联储官员可能最终会在下周的FOMC会议上开始‘谈论谈论’缩减资产购买，但他们很可能会强调，经济距离朝着他们的目标取得‘实质性的进一步进展’还有一段路要走，”他说。</blockquote></p><p> Indeed, Peter Essele, head of investment management for Commonwealth Financial Network&nbsp;said the market may need to hear more dovishness from Fed officials, even as they circumnavigate the notion of scaling back easy-money policies.</p><p><blockquote>事实上，联邦金融网络投资管理主管Peter Essele表示，市场可能需要听到美联储官员更多的鸽派言论，即使他们回避了缩减宽松货币政策的想法。</blockquote></p><p> “Market participants are clearly expecting a dovish tone from the Fed next week, as evidenced by the recent path of interest rates,” Essele told MarketWatch in emailed comments.</p><p><blockquote>埃塞尔在电子邮件评论中对MarketWatch表示：“市场参与者显然预计美联储下周将采取鸽派基调，最近的利率走势就证明了这一点。”</blockquote></p><p> “We expect the Fed will keep its foot on the accommodative pedal next week, which won’t change until inflation is no longer transitory and the economy is back to full employment,” Essele said.</p><p><blockquote>Essele表示：“我们预计美联储下周将继续踩下宽松踏板，在通胀不再是暂时的、经济恢复充分就业之前，这种情况不会改变。”</blockquote></p><p> “Until then, Treasury rates should remain range-bound on the long end and anchored on the short end, offering bond investors little to worry about in the near term,” he said.</p><p><blockquote>他表示：“在此之前，美国国债利率应保持长期区间波动，短期锚定，短期内债券投资者无需担心。”</blockquote></p><p> <b>What else is on investors’ radar?</b></p><p><blockquote><b>投资者还关注什么？</b></blockquote></p><p> Meanwhile, the only other main item on the docket for next week is U.S. May retail sales on Tuesday, while investors continue to watch negotiations between the Biden administration and Republicans on an infrastructure spending plan, given it has implications for economic growth and debt issuance.</p><p><blockquote>与此同时，下周议程上唯一的另一个主要项目是周二的美国5月零售销售，而投资者将继续关注拜登政府与共和党之间关于基础设施支出计划的谈判，因为该计划对经济增长和债务发行有影响。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here’s what the market wants — and doesn’t want — to hear from Powell at this week’s Fed meeting<blockquote>以下是市场希望——和不希望——在本周的美联储会议上听到鲍威尔的话</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere’s what the market wants — and doesn’t want — to hear from Powell at this week’s Fed meeting<blockquote>以下是市场希望——和不希望——在本周的美联储会议上听到鲍威尔的话</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-06-14 07:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>All eyes on the Fed!</p><p><blockquote>所有人都在关注美联储！</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4c83a98ead1e0406f6e21bde6e1f550\" tg-width=\"1260\" tg-height=\"876\"><span>\"Alas, poor inflation! I knew him, Horatio.\" MARKETWATCH PHOTO ILLUSTRATION/GETTY IMAGES, EVERETT COLLECTION</span></p><p><blockquote><p class=\"t-img-caption\"><span>“唉，可怜的通货膨胀！我认识他，霍雷肖。”MARKETWATCH照片插图/盖蒂图片社，埃弗雷特收藏</span></p></blockquote></p><p> You couldn’t fault Wall Street for envisaging a bit of Hamlet in Jerome Powell at the Federal Open Market Committee’s June policy meeting this coming week:</p><p><blockquote>你不能责怪华尔街在下周的联邦公开市场委员会六月政策会议上设想杰罗姆·鲍威尔有点像哈姆雷特：</blockquote></p><p> Transitory, or not transitory?</p><p><blockquote>短暂的，还是不短暂的？</blockquote></p><p> Therein lies the question that the interest rate-setting Fed committee needs to answer for financial markets on Wednesday, at the conclusion of the FOMC’s two-day gathering.</p><p><blockquote>这就是周三FOMC为期两天的会议结束时，制定利率的美联储委员会需要为金融市场回答的问题。</blockquote></p><p> Whether ’tis nobler in the mind to suffer the slings and arrows of outrageous inflation or to take arms against a sea of troubles, as Hamlet might have said if he had been a central bank governor.</p><p><blockquote>如果哈姆雷特是央行行长，他可能会说，忍受令人愤慨的通货膨胀的弹弓和箭，还是拿起武器对抗麻烦的海洋，在思想上更高尚。</blockquote></p><p> Of course, no one is expecting fireworks at this coming meeting but it could still proof a pivotal point for stocks and bonds.</p><p><blockquote>当然，没有人预计即将到来的会议会有烟花，但它仍可能证明是股票和债券的关键点。</blockquote></p><p> That is especially true with the S&amp;P 500 index,the Dow Jones Industrial Average,and the Nasdaq Composite Index,hovering at, or near, record closing highs.</p><p><blockquote>标普500指数、道琼斯工业平均指数和纳斯达克综合指数尤其如此，它们徘徊在或接近历史收盘高点。</blockquote></p><p> The Fed meeting comes against the backdrop of growing evidence of pricing pressures building in the economy as it recovers from the COVID pandemic of the past year and vaccination rollouts allow businesses to return to some semblance of normality.</p><p><blockquote>美联储会议召开之际，越来越多的证据表明，随着经济从过去一年的新冠疫情中复苏，以及疫苗接种的推出使企业恢复了某种程度的正常状态，定价压力正在加大。</blockquote></p><p> Last Thursday’s&nbsp;consumer-price index report&nbsp;from the U.S. Labor Department showed that the cost of living surged in May and drove the&nbsp;pace of inflation&nbsp;to a 13-year high of 5%, reflecting a broad increase in prices confronting Americans.</p><p><blockquote>美国劳工部上周四发布的消费者价格指数报告显示，5月份生活成本飙升，推动通胀率升至5%的13年高点，反映出美国人面临的物价普遍上涨。</blockquote></p><p> “The critical question now is whether this elevated rate of inflation is ‘transitory’ or whether higher prices risk becoming psychologically entrenched,” wrote Matt Weller, global head of market research at Forex.com in a Friday research note.</p><p><blockquote>Forex.com全球市场研究主管马特·韦勒(Matt Weller)在周五的一份研究报告中写道：“现在的关键问题是，通胀率上升是否是‘暂时的’，或者价格上涨是否有可能在心理上根深蒂固。”</blockquote></p><p> The fixed-income market may already have had its say on inflation, with the yields on the 10-year Treasury note&nbsp;and the 30-year Treasury bond&nbsp;hanging around their lowest levels since at least early March.</p><p><blockquote>固定收益市场可能已经对通胀有了发言权，10年期国债和30年期国债收益率徘徊在至少3月初以来的最低水平附近。</blockquote></p><p> Treasury and stock-market investors are viewing the surge in inflation as fostered by supply chain distortions as consumers splurge after the pandemic, along with statistical base effects as last year’s falling prices drop out of the annual calculations, and therefore likely to be fleeting.</p><p><blockquote>财政部和股市投资者认为，随着消费者在大流行后挥霍，供应链扭曲加剧了通胀飙升，以及去年价格下跌退出年度计算的统计基数效应，因此可能转瞬即逝。</blockquote></p><p> Is isn’t clear exactly however what transitory means — months, years ? How long are elevated levels of inflation to be tolerated before market participants and the Fed lose patience with inflation that undermines asset prices?</p><p><blockquote>然而，不清楚过渡到底是什么意思——几个月、几年？在市场参与者和美联储对破坏资产价格的通胀失去耐心之前，高通胀水平还要容忍多久？</blockquote></p><p> “Going forward to the end of 2021 and into 2022, policy makers continue to expect inflation to subside back down nearer their 2% objective, is a message the Committee is likely to reiterate at next week’s meeting,” wrote Lindsey Piegza, chief economist at Stifel in a Friday note.</p><p><blockquote>首席经济学家Lindsey Piegza写道：“展望2021年底和2022年，政策制定者继续预计通胀将回落至接近2%的目标，委员会可能会在下周的会议上重申这一信息。”Stifel在周五的一份报告中。</blockquote></p><p> “That being said, the U.S. economy is clearly gaining momentum, with the labor market adding more than 500,000 jobs a month. Therefore, while no policy adjustment is expected in June, nor an announcement of a timeline for an eventual adjustment to policy, at least some Fed members are expected to push for a discussion in the coming months regarding an eventual rollback of emergency measures,” she said.</p><p><blockquote>“话虽如此，美国经济显然正在获得动力，劳动力市场每月增加超过50万个工作岗位。因此，虽然预计6月份不会进行政策调整，也不会宣布最终调整政策的时间表，但至少一些美联储成员预计将在未来几个月推动讨论最终取消紧急措施，”她说。</blockquote></p><p> Some traders, analysts and economists are betting the Fed will aim to articulate the view that the tapering of its $120 billion a month purchase of assets, implemented during the worst of the pandemic, will begin by towards the end of 2021.</p><p><blockquote>一些交易员、分析师和经济学家押注，美联储将致力于阐明这样一种观点，即在疫情最严重时期实施的每月1200亿美元资产购买计划将于2021年底开始缩减。</blockquote></p><p> The Fed may talk about talking about tapering in June and by August or September begin the work toward a roll back.</p><p><blockquote>美联储可能会在6月份谈论缩减规模，并在8月或9月开始缩减规模。</blockquote></p><p> In the face of rising inflation, the timing of any tapering looks tricky for the U.S. central bank since the recovery in the labor market still looks shaky, relative to the the demand for workers, and is reflected in the&nbsp;weaker-than-expected May nonfarm payrolls report&nbsp;and the job openings data from last week&nbsp;which hit a record 9.3 million.</p><p><blockquote>面对通胀上升，任何缩减购债规模的时机对美联储来说都很棘手，因为相对于对工人的需求，劳动力市场的复苏看起来仍然不稳定，这反映在弱于预期的5月份非农就业报告和上周的职位空缺数据达到创纪录的930万个。</blockquote></p><p> Lawrence Gillum, fixed-income strategist for LPL Financial, said that the key thing the market wants to here is the timing of the Fed’s tapering. He also noted the tapering of the central bank’s $40 billion of mortgage-backed securities in particular will be important because the housing market is widely viewed as overheated.</p><p><blockquote>LPL Financial固定收益策略师Lawrence Gillum表示，市场想要的关键是美联储缩减购债规模的时机。他还指出，央行缩减400亿美元抵押贷款支持证券尤其重要，因为人们普遍认为房地产市场过热。</blockquote></p><p> “The main thing we’d like to hear next week is how and when the Fed plans to reduce its bond purchase programs,” Gillum said.</p><p><blockquote>吉勒姆表示：“下周我们最想听到的是美联储计划如何以及何时缩减债券购买计划。”</blockquote></p><p> “Additionally, why the Fed continues to buy $40 billion in mortgage securities every month when the housing market, by all accounts, doesn’t need that support. Will we get that clarity? Probably not,” he offered.</p><p><blockquote>“此外，为什么美联储继续每月购买400亿美元的抵押贷款证券，而从各方面来看，房地产市场都不需要这种支持。我们会弄清楚吗？可能不会，”他提出。</blockquote></p><p> Andrew Hunter, senior U.S. economist at Capital Economics, in a Friday report, said that in that context, he still expects policy makers to convey a go-slow approach to any scaling back of monetary accommodation.</p><p><blockquote>凯投宏观(Capital Economics)美国高级经济学家安德鲁·亨特(Andrew Hunter)在周五的一份报告中表示，在这种背景下，他仍然预计政策制定者将对任何缩减货币宽松政策采取缓慢态度。</blockquote></p><p></p><p> “While we suspect that Fed officials may finally begin ‘talking about talking about’ tapering their asset purchases at next week’s&nbsp;FOMC meeting, they are likely to emphasize that the economy is still some way from making ‘substantial further progress’ towards their goals,” he said.</p><p><blockquote>“虽然我们怀疑美联储官员可能最终会在下周的FOMC会议上开始‘谈论谈论’缩减资产购买，但他们很可能会强调，经济距离朝着他们的目标取得‘实质性的进一步进展’还有一段路要走，”他说。</blockquote></p><p> Indeed, Peter Essele, head of investment management for Commonwealth Financial Network&nbsp;said the market may need to hear more dovishness from Fed officials, even as they circumnavigate the notion of scaling back easy-money policies.</p><p><blockquote>事实上，联邦金融网络投资管理主管Peter Essele表示，市场可能需要听到美联储官员更多的鸽派言论，即使他们回避了缩减宽松货币政策的想法。</blockquote></p><p> “Market participants are clearly expecting a dovish tone from the Fed next week, as evidenced by the recent path of interest rates,” Essele told MarketWatch in emailed comments.</p><p><blockquote>埃塞尔在电子邮件评论中对MarketWatch表示：“市场参与者显然预计美联储下周将采取鸽派基调，最近的利率走势就证明了这一点。”</blockquote></p><p> “We expect the Fed will keep its foot on the accommodative pedal next week, which won’t change until inflation is no longer transitory and the economy is back to full employment,” Essele said.</p><p><blockquote>Essele表示：“我们预计美联储下周将继续踩下宽松踏板，在通胀不再是暂时的、经济恢复充分就业之前，这种情况不会改变。”</blockquote></p><p> “Until then, Treasury rates should remain range-bound on the long end and anchored on the short end, offering bond investors little to worry about in the near term,” he said.</p><p><blockquote>他表示：“在此之前，美国国债利率应保持长期区间波动，短期锚定，短期内债券投资者无需担心。”</blockquote></p><p> <b>What else is on investors’ radar?</b></p><p><blockquote><b>投资者还关注什么？</b></blockquote></p><p> Meanwhile, the only other main item on the docket for next week is U.S. May retail sales on Tuesday, while investors continue to watch negotiations between the Biden administration and Republicans on an infrastructure spending plan, given it has implications for economic growth and debt issuance.</p><p><blockquote>与此同时，下周议程上唯一的另一个主要项目是周二的美国5月零售销售，而投资者将继续关注拜登政府与共和党之间关于基础设施支出计划的谈判，因为该计划对经济增长和债务发行有影响。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/heres-what-the-market-wants-and-doesnt-want-to-hear-from-powell-at-next-weeks-fed-meeting-11623452360?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/heres-what-the-market-wants-and-doesnt-want-to-hear-from-powell-at-next-weeks-fed-meeting-11623452360?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142788371","content_text":"All eyes on the Fed!\n\"Alas, poor inflation! I knew him, Horatio.\" MARKETWATCH PHOTO ILLUSTRATION/GETTY IMAGES, EVERETT COLLECTION\nYou couldn’t fault Wall Street for envisaging a bit of Hamlet in Jerome Powell at the Federal Open Market Committee’s June policy meeting this coming week:\nTransitory, or not transitory?\nTherein lies the question that the interest rate-setting Fed committee needs to answer for financial markets on Wednesday, at the conclusion of the FOMC’s two-day gathering.\nWhether ’tis nobler in the mind to suffer the slings and arrows of outrageous inflation or to take arms against a sea of troubles, as Hamlet might have said if he had been a central bank governor.\nOf course, no one is expecting fireworks at this coming meeting but it could still proof a pivotal point for stocks and bonds.\nThat is especially true with the S&P 500 index,the Dow Jones Industrial Average,and the Nasdaq Composite Index,hovering at, or near, record closing highs.\nThe Fed meeting comes against the backdrop of growing evidence of pricing pressures building in the economy as it recovers from the COVID pandemic of the past year and vaccination rollouts allow businesses to return to some semblance of normality.\nLast Thursday’s consumer-price index report from the U.S. Labor Department showed that the cost of living surged in May and drove the pace of inflation to a 13-year high of 5%, reflecting a broad increase in prices confronting Americans.\n“The critical question now is whether this elevated rate of inflation is ‘transitory’ or whether higher prices risk becoming psychologically entrenched,” wrote Matt Weller, global head of market research at Forex.com in a Friday research note.\nThe fixed-income market may already have had its say on inflation, with the yields on the 10-year Treasury note and the 30-year Treasury bond hanging around their lowest levels since at least early March.\nTreasury and stock-market investors are viewing the surge in inflation as fostered by supply chain distortions as consumers splurge after the pandemic, along with statistical base effects as last year’s falling prices drop out of the annual calculations, and therefore likely to be fleeting.\nIs isn’t clear exactly however what transitory means — months, years ? How long are elevated levels of inflation to be tolerated before market participants and the Fed lose patience with inflation that undermines asset prices?\n“Going forward to the end of 2021 and into 2022, policy makers continue to expect inflation to subside back down nearer their 2% objective, is a message the Committee is likely to reiterate at next week’s meeting,” wrote Lindsey Piegza, chief economist at Stifel in a Friday note.\n“That being said, the U.S. economy is clearly gaining momentum, with the labor market adding more than 500,000 jobs a month. Therefore, while no policy adjustment is expected in June, nor an announcement of a timeline for an eventual adjustment to policy, at least some Fed members are expected to push for a discussion in the coming months regarding an eventual rollback of emergency measures,” she said.\nSome traders, analysts and economists are betting the Fed will aim to articulate the view that the tapering of its $120 billion a month purchase of assets, implemented during the worst of the pandemic, will begin by towards the end of 2021.\nThe Fed may talk about talking about tapering in June and by August or September begin the work toward a roll back.\nIn the face of rising inflation, the timing of any tapering looks tricky for the U.S. central bank since the recovery in the labor market still looks shaky, relative to the the demand for workers, and is reflected in the weaker-than-expected May nonfarm payrolls report and the job openings data from last week which hit a record 9.3 million.\nLawrence Gillum, fixed-income strategist for LPL Financial, said that the key thing the market wants to here is the timing of the Fed’s tapering. He also noted the tapering of the central bank’s $40 billion of mortgage-backed securities in particular will be important because the housing market is widely viewed as overheated.\n“The main thing we’d like to hear next week is how and when the Fed plans to reduce its bond purchase programs,” Gillum said.\n“Additionally, why the Fed continues to buy $40 billion in mortgage securities every month when the housing market, by all accounts, doesn’t need that support. Will we get that clarity? Probably not,” he offered.\nAndrew Hunter, senior U.S. economist at Capital Economics, in a Friday report, said that in that context, he still expects policy makers to convey a go-slow approach to any scaling back of monetary accommodation.\n“While we suspect that Fed officials may finally begin ‘talking about talking about’ tapering their asset purchases at next week’s FOMC meeting, they are likely to emphasize that the economy is still some way from making ‘substantial further progress’ towards their goals,” he said.\nIndeed, Peter Essele, head of investment management for Commonwealth Financial Network said the market may need to hear more dovishness from Fed officials, even as they circumnavigate the notion of scaling back easy-money policies.\n“Market participants are clearly expecting a dovish tone from the Fed next week, as evidenced by the recent path of interest rates,” Essele told MarketWatch in emailed comments.\n“We expect the Fed will keep its foot on the accommodative pedal next week, which won’t change until inflation is no longer transitory and the economy is back to full employment,” Essele said.\n“Until then, Treasury rates should remain range-bound on the long end and anchored on the short end, offering bond investors little to worry about in the near term,” he said.\nWhat else is on investors’ radar?\nMeanwhile, the only other main item on the docket for next week is U.S. May retail sales on Tuesday, while investors continue to watch negotiations between the Biden administration and Republicans on an infrastructure spending plan, given it has implications for economic growth and debt issuance.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160914292,"gmtCreate":1623769158716,"gmtModify":1631890605044,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160914292","repostId":"1127088935","repostType":4,"isVote":1,"tweetType":1,"viewCount":2410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114129431,"gmtCreate":1623058618623,"gmtModify":1634037405101,"author":{"id":"3583709486658119","authorId":"3583709486658119","name":"Alvintan87","avatar":"https://static.tigerbbs.com/d9da6ab80c4944c1124d32097859ced9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583709486658119","idStr":"3583709486658119"},"themes":[],"htmlText":"Buy and Hodl my fellow apes!!","listText":"Buy and Hodl my fellow apes!!","text":"Buy and Hodl my fellow apes!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114129431","repostId":"1175289580","repostType":2,"isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}