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MemeTrader
MemeTrader
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2021-06-25
AMC is better. Like and comment if you agree.
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MemeTrader
MemeTrader
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2021-06-24
Yeah sure
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MemeTrader
MemeTrader
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2021-06-24
Like and comment please. Thanks.
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MemeTrader
MemeTrader
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2021-06-22
More to come!
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MemeTrader
MemeTrader
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2021-06-22
Please like and comment, thanks!
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MemeTrader
MemeTrader
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2021-06-22
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Rising Inflation Looks Less Severe Using Pre-Pandemic Comparisons<blockquote>与大流行前相比,通胀上升看起来不那么严重</blockquote>
Annual inflation hit a 13-year high in May, but annualized price growth from 2019 was more modest.
Rising Inflation Looks Less Severe Using Pre-Pandemic Comparisons<blockquote>与大流行前相比,通胀上升看起来不那么严重</blockquote>
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MemeTrader
MemeTrader
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2021-06-22
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Google Faces EU Antitrust Probe of Alleged Ad-Tech Abuses<blockquote>谷歌因涉嫌滥用广告技术而面临欧盟反垄断调查</blockquote>
EU probe increases scrutiny of Google’s leading role brokering digital ads across the internet. The
Google Faces EU Antitrust Probe of Alleged Ad-Tech Abuses<blockquote>谷歌因涉嫌滥用广告技术而面临欧盟反垄断调查</blockquote>
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MemeTrader
MemeTrader
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2021-06-21
Like and comment please. Thanks.
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2021-06-21
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2021-06-21
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","text":"More to come!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129368015","repostId":"1147836907","repostType":4,"isVote":1,"tweetType":1,"viewCount":3293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129363870,"gmtCreate":1624359872090,"gmtModify":1634007328353,"author":{"id":"3578535572025884","authorId":"3578535572025884","name":"MemeTrader","avatar":"https://static.tigerbbs.com/cdd6f948b4e50b4e4707503cb7d7917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578535572025884","idStr":"3578535572025884"},"themes":[],"htmlText":"Please like and comment, thanks!","listText":"Please like and comment, thanks!","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/129363870","repostId":"1186919064","repostType":4,"isVote":1,"tweetType":1,"viewCount":2996,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129369813,"gmtCreate":1624359834632,"gmtModify":1634007329425,"author":{"id":"3578535572025884","authorId":"3578535572025884","name":"MemeTrader","avatar":"https://static.tigerbbs.com/cdd6f948b4e50b4e4707503cb7d7917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578535572025884","idStr":"3578535572025884"},"themes":[],"htmlText":"Please like and comment, thanks.","listText":"Please like and comment, thanks.","text":"Please like and comment, thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129369813","repostId":"1103131610","repostType":4,"repost":{"id":"1103131610","kind":"news","pubTimestamp":1624356292,"share":"https://www.laohu8.com/m/news/1103131610?lang=zh_CN&edition=full","pubTime":"2021-06-22 18:04","market":"us","language":"en","title":"Rising Inflation Looks Less Severe Using Pre-Pandemic Comparisons<blockquote>与大流行前相比,通胀上升看起来不那么严重</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103131610","media":"The Wall Street Journal","summary":"Annual inflation hit a 13-year high in May, but annualized price growth from 2019 was more modest.\n\n","content":"<p> Annual inflation hit a 13-year high in May, but annualized price growth from 2019 was more modest. <img src=\"https://static.tigerbbs.com/07bcce12b3d15940e848d7380e1dc96a\" tg-width=\"1297\" tg-height=\"851\" referrerpolicy=\"no-referrer\"></p><p><blockquote>5月份年度通胀率创下13年来的新高,但2019年的年化价格增长更为温和。</blockquote></p><p> As consumers deal with starkly higher prices than a year ago, the Federal Reserve has maintained its stance that high inflation, the increase in the price consumers pay for goods and services, isn’t expected to last very long.</p><p><blockquote>随着消费者应对比一年前大幅上涨的物价,美联储坚持其立场,即高通胀(消费者为商品和服务支付的价格上涨)预计不会持续太久。</blockquote></p><p> The Fed tweaked its outlook and now expects toraise interest rates by late 2023—sooner than previously anticipated—noting progress in economic activity and employment.</p><p><blockquote>美联储调整了前景,目前预计将在2023年底前加息——比之前预期的要早——并指出经济活动和就业取得了进展。</blockquote></p><p> And while inflation’s 13-year high, as measured by the annual change in the consumer-price index from a year earlier, has caused concern, the central bank restated its belief that the rise in prices is “largely reflecting transitory factors.”</p><p><blockquote>尽管以消费者价格指数同比年度变化衡量的通胀创13年来新高引起了担忧,但央行重申了其信念,即物价上涨“在很大程度上反映了暂时性因素”。</blockquote></p><p> The Fed cuts its benchmark interest rate in economic downturns to lower borrowing costs and boost activity. When the economy is thriving, prices rise and the Fed tends to raise rates to keep inflation from climbing too far above its 2% target. Its preferred gauge, the personal-consumption expenditures price index, typically tracks just belowthe consumer-price index.</p><p><blockquote>美联储在经济低迷时期下调基准利率,以降低借贷成本并促进经济活动。当经济繁荣时,物价上涨,美联储往往会加息,以防止通胀攀升至2%的目标之上。其首选指标个人消费支出价格指数通常略低于消费者价格指数。</blockquote></p><p> A sudden burst in consumer demand from the economy reopening and an imbalance in supply disruptions are among the main factors driving up prices compared with the same period last year.</p><p><blockquote>与去年同期相比,经济重新开放带来的消费需求突然爆发以及供应中断的不平衡是推动价格上涨的主要因素之一。</blockquote></p><p> <b>Adjusting for the base effect</b></p><p><blockquote><b>调整基数效应</b></blockquote></p><p> Another much-discussed consideration is the importance ofthe so-called base effect, which is the outsize impact when comparing change from one year that was unusual to the next. This can be caused by an economic anomaly—like last year’s pandemic lockdown, when prices dropped.</p><p><blockquote>另一个备受讨论的考虑因素是所谓的基数效应的重要性,即在比较一年与下一年的异常变化时产生的巨大影响。这可能是由经济异常引起的——比如去年的疫情封锁,当时价格下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a423f1c05e21345158c14cf249918a67\" tg-width=\"683\" tg-height=\"462\" referrerpolicy=\"no-referrer\">The base effect can be illustrated by calculating price changes from two years prior, instead of one year prior, and annualizing those figures. That adjustment puts inflation from pre-pandemic levels at 2.5%, rather than 5.0%, which is closer to the Fed’s 2% target rate.</p><p><blockquote>基数效应可以通过计算两年前(而不是一年前)的价格变化并对这些数字进行年化来说明。此次调整使通胀率从疫情前的水平升至2.5%,而不是5.0%,更接近美联储2%的目标利率。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0328d45e5e6241e4e54280410b402ba5\" tg-width=\"736\" tg-height=\"464\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Recovery lag</b></p><p><blockquote><b>恢复滞后</b></blockquote></p><p> Some sectors that illustrated the base effect had high annual inflation in May but prices were actually below their pre-pandemic levels.</p><p><blockquote>一些说明基数效应的行业5月份的年通胀率很高,但价格实际上低于大流行前的水平。</blockquote></p><p> For example, lodging away from home, which includes hotel and motel prices, plummeted in early 2020 when travel restrictions were put in place. As restrictions eased this year, prices shot up. They were 9% higher in May compared with a year earlier during the beginning of the pandemic. Those prices, however, are still below pre-pandemic levels.</p><p><blockquote>例如,2020年初旅行限制实施后,包括酒店和汽车旅馆价格在内的离家住宿价格暴跌。随着今年限制的放松,价格飙升。与疫情开始时的一年前相比,5月份的数字增长了9%。然而,这些价格仍低于大流行前的水平。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9e4d12d9e5e772169f910dfa74bb6889\" tg-width=\"305\" tg-height=\"537\" referrerpolicy=\"no-referrer\">Airline fares suffered similarly from the base effect. Fares rose 24.1% in May compared with a year earlier, but were down 6% compared with their pre-pandemic level.</p><p><blockquote>机票价格同样受到基数效应的影响。5月份票价同比上涨24.1%,但较大流行前水平下降6%。</blockquote></p><p> <b>Reverse base effect</b></p><p><blockquote><b>反基效应</b></blockquote></p><p> The base effect impacted inflation for groceries in the other direction. As people shifted toward eating at home early in the pandemic, prices rose. Annual inflation peaked at 5.6% in June 2020 and fell to 0.7% in May from a year earlier—when prices were relatively high. Compared with pre-pandemic levels, though, prices never rose more than 3.3% and were up 2.7% in May.</p><p><blockquote>基数效应从另一个方向影响了食品杂货的通胀。随着人们在疫情早期转向在家吃饭,价格上涨。年通胀率在2020年6月达到5.6%的峰值,并在5月份降至0.7%,当时物价相对较高。不过,与大流行前的水平相比,价格涨幅从未超过3.3%,5月份上涨了2.7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0a1920202001304eff5f4ae3f49a0af8\" tg-width=\"302\" tg-height=\"321\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Tight supply</b></p><p><blockquote><b>供应紧张</b></blockquote></p><p> Prices for some goods and servicse have risen by both measures of inflation in recent months. In some industries, supply-chain issues abound as demand heats up and companies struggle to keep pace.</p><p><blockquote>近几个月来,根据通胀指标,一些商品和服务的价格都有所上涨。在一些行业,随着需求升温和企业难以跟上步伐,供应链问题比比皆是。</blockquote></p><p> The recentglobal chip shortagehas had a ripple effect throughout industries and in particular has strained new-car inventories, causing buyers to instead shop the used car and truck market. The demand and thin supply have helped push preowned-vehicle prices up 29.7% from a year earlier. The rise from pre-pandemic levels was high at 13.7%, but less stark than the one year-earlier comparison.</p><p><blockquote>最近的全球芯片短缺对整个行业产生了连锁反应,尤其是新车库存紧张,导致买家转而购买二手车和卡车市场。需求和供应不足导致二手车价格同比上涨29.7%。较大流行前的水平上升了13.7%,但没有一年前那么明显。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1b039f0ecb1f60bbb4d4845ec9141683\" tg-width=\"324\" tg-height=\"687\" referrerpolicy=\"no-referrer\">Rental-car companies pared back their fleets early in the pandemic, leaving them with fewer used vehicles to rent to customers later in the year. Car and truck rental prices more than doubled in May compared with a year earlier and increased 30.2% from pre-pandemic levels.</p><p><blockquote>汽车租赁公司在疫情初期削减了车队,导致今年晚些时候可出租给客户的二手车减少。与去年同期相比,5月份汽车和卡车租赁价格上涨了一倍多,比大流行前的水平上涨了30.2%。</blockquote></p><p> <b>How the U.S. stacks up</b></p><p><blockquote><b>美国的表现如何</b></blockquote></p><p></p><p> As more people return to work and the economy fully reopens, the Fed will continue to monitor consumer prices. Inflation in the U.S. has been higher than in other Group of Seven countries—the world’s largest advanced economies—a reflection in part of the impact of strong fiscal stimulus on the U.S. economy.</p><p><blockquote>随着更多人重返工作岗位和经济全面重启,美联储将继续监测消费者价格。美国的通胀率一直高于其他七国集团国家——全球最大的发达经济体——这在一定程度上反映了强有力的财政刺激对美国经济的影响。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/264887bf48c3c8e48dd21c2a18bff218\" tg-width=\"748\" tg-height=\"406\" referrerpolicy=\"no-referrer\"></p><p><blockquote></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>Rising Inflation Looks Less Severe Using Pre-Pandemic Comparisons<blockquote>与大流行前相比,通胀上升看起来不那么严重</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\">\nRising Inflation Looks Less Severe Using Pre-Pandemic Comparisons<blockquote>与大流行前相比,通胀上升看起来不那么严重</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-06-22 18:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p> Annual inflation hit a 13-year high in May, but annualized price growth from 2019 was more modest. <img src=\"https://static.tigerbbs.com/07bcce12b3d15940e848d7380e1dc96a\" tg-width=\"1297\" tg-height=\"851\" referrerpolicy=\"no-referrer\"></p><p><blockquote>5月份年度通胀率创下13年来的新高,但2019年的年化价格增长更为温和。</blockquote></p><p> As consumers deal with starkly higher prices than a year ago, the Federal Reserve has maintained its stance that high inflation, the increase in the price consumers pay for goods and services, isn’t expected to last very long.</p><p><blockquote>随着消费者应对比一年前大幅上涨的物价,美联储坚持其立场,即高通胀(消费者为商品和服务支付的价格上涨)预计不会持续太久。</blockquote></p><p> The Fed tweaked its outlook and now expects toraise interest rates by late 2023—sooner than previously anticipated—noting progress in economic activity and employment.</p><p><blockquote>美联储调整了前景,目前预计将在2023年底前加息——比之前预期的要早——并指出经济活动和就业取得了进展。</blockquote></p><p> And while inflation’s 13-year high, as measured by the annual change in the consumer-price index from a year earlier, has caused concern, the central bank restated its belief that the rise in prices is “largely reflecting transitory factors.”</p><p><blockquote>尽管以消费者价格指数同比年度变化衡量的通胀创13年来新高引起了担忧,但央行重申了其信念,即物价上涨“在很大程度上反映了暂时性因素”。</blockquote></p><p> The Fed cuts its benchmark interest rate in economic downturns to lower borrowing costs and boost activity. When the economy is thriving, prices rise and the Fed tends to raise rates to keep inflation from climbing too far above its 2% target. Its preferred gauge, the personal-consumption expenditures price index, typically tracks just belowthe consumer-price index.</p><p><blockquote>美联储在经济低迷时期下调基准利率,以降低借贷成本并促进经济活动。当经济繁荣时,物价上涨,美联储往往会加息,以防止通胀攀升至2%的目标之上。其首选指标个人消费支出价格指数通常略低于消费者价格指数。</blockquote></p><p> A sudden burst in consumer demand from the economy reopening and an imbalance in supply disruptions are among the main factors driving up prices compared with the same period last year.</p><p><blockquote>与去年同期相比,经济重新开放带来的消费需求突然爆发以及供应中断的不平衡是推动价格上涨的主要因素之一。</blockquote></p><p> <b>Adjusting for the base effect</b></p><p><blockquote><b>调整基数效应</b></blockquote></p><p> Another much-discussed consideration is the importance ofthe so-called base effect, which is the outsize impact when comparing change from one year that was unusual to the next. This can be caused by an economic anomaly—like last year’s pandemic lockdown, when prices dropped.</p><p><blockquote>另一个备受讨论的考虑因素是所谓的基数效应的重要性,即在比较一年与下一年的异常变化时产生的巨大影响。这可能是由经济异常引起的——比如去年的疫情封锁,当时价格下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a423f1c05e21345158c14cf249918a67\" tg-width=\"683\" tg-height=\"462\" referrerpolicy=\"no-referrer\">The base effect can be illustrated by calculating price changes from two years prior, instead of one year prior, and annualizing those figures. That adjustment puts inflation from pre-pandemic levels at 2.5%, rather than 5.0%, which is closer to the Fed’s 2% target rate.</p><p><blockquote>基数效应可以通过计算两年前(而不是一年前)的价格变化并对这些数字进行年化来说明。此次调整使通胀率从疫情前的水平升至2.5%,而不是5.0%,更接近美联储2%的目标利率。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0328d45e5e6241e4e54280410b402ba5\" tg-width=\"736\" tg-height=\"464\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Recovery lag</b></p><p><blockquote><b>恢复滞后</b></blockquote></p><p> Some sectors that illustrated the base effect had high annual inflation in May but prices were actually below their pre-pandemic levels.</p><p><blockquote>一些说明基数效应的行业5月份的年通胀率很高,但价格实际上低于大流行前的水平。</blockquote></p><p> For example, lodging away from home, which includes hotel and motel prices, plummeted in early 2020 when travel restrictions were put in place. As restrictions eased this year, prices shot up. They were 9% higher in May compared with a year earlier during the beginning of the pandemic. Those prices, however, are still below pre-pandemic levels.</p><p><blockquote>例如,2020年初旅行限制实施后,包括酒店和汽车旅馆价格在内的离家住宿价格暴跌。随着今年限制的放松,价格飙升。与疫情开始时的一年前相比,5月份的数字增长了9%。然而,这些价格仍低于大流行前的水平。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9e4d12d9e5e772169f910dfa74bb6889\" tg-width=\"305\" tg-height=\"537\" referrerpolicy=\"no-referrer\">Airline fares suffered similarly from the base effect. Fares rose 24.1% in May compared with a year earlier, but were down 6% compared with their pre-pandemic level.</p><p><blockquote>机票价格同样受到基数效应的影响。5月份票价同比上涨24.1%,但较大流行前水平下降6%。</blockquote></p><p> <b>Reverse base effect</b></p><p><blockquote><b>反基效应</b></blockquote></p><p> The base effect impacted inflation for groceries in the other direction. As people shifted toward eating at home early in the pandemic, prices rose. Annual inflation peaked at 5.6% in June 2020 and fell to 0.7% in May from a year earlier—when prices were relatively high. Compared with pre-pandemic levels, though, prices never rose more than 3.3% and were up 2.7% in May.</p><p><blockquote>基数效应从另一个方向影响了食品杂货的通胀。随着人们在疫情早期转向在家吃饭,价格上涨。年通胀率在2020年6月达到5.6%的峰值,并在5月份降至0.7%,当时物价相对较高。不过,与大流行前的水平相比,价格涨幅从未超过3.3%,5月份上涨了2.7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0a1920202001304eff5f4ae3f49a0af8\" tg-width=\"302\" tg-height=\"321\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Tight supply</b></p><p><blockquote><b>供应紧张</b></blockquote></p><p> Prices for some goods and servicse have risen by both measures of inflation in recent months. In some industries, supply-chain issues abound as demand heats up and companies struggle to keep pace.</p><p><blockquote>近几个月来,根据通胀指标,一些商品和服务的价格都有所上涨。在一些行业,随着需求升温和企业难以跟上步伐,供应链问题比比皆是。</blockquote></p><p> The recentglobal chip shortagehas had a ripple effect throughout industries and in particular has strained new-car inventories, causing buyers to instead shop the used car and truck market. The demand and thin supply have helped push preowned-vehicle prices up 29.7% from a year earlier. The rise from pre-pandemic levels was high at 13.7%, but less stark than the one year-earlier comparison.</p><p><blockquote>最近的全球芯片短缺对整个行业产生了连锁反应,尤其是新车库存紧张,导致买家转而购买二手车和卡车市场。需求和供应不足导致二手车价格同比上涨29.7%。较大流行前的水平上升了13.7%,但没有一年前那么明显。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1b039f0ecb1f60bbb4d4845ec9141683\" tg-width=\"324\" tg-height=\"687\" referrerpolicy=\"no-referrer\">Rental-car companies pared back their fleets early in the pandemic, leaving them with fewer used vehicles to rent to customers later in the year. Car and truck rental prices more than doubled in May compared with a year earlier and increased 30.2% from pre-pandemic levels.</p><p><blockquote>汽车租赁公司在疫情初期削减了车队,导致今年晚些时候可出租给客户的二手车减少。与去年同期相比,5月份汽车和卡车租赁价格上涨了一倍多,比大流行前的水平上涨了30.2%。</blockquote></p><p> <b>How the U.S. stacks up</b></p><p><blockquote><b>美国的表现如何</b></blockquote></p><p></p><p> As more people return to work and the economy fully reopens, the Fed will continue to monitor consumer prices. Inflation in the U.S. has been higher than in other Group of Seven countries—the world’s largest advanced economies—a reflection in part of the impact of strong fiscal stimulus on the U.S. economy.</p><p><blockquote>随着更多人重返工作岗位和经济全面重启,美联储将继续监测消费者价格。美国的通胀率一直高于其他七国集团国家——全球最大的发达经济体——这在一定程度上反映了强有力的财政刺激对美国经济的影响。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/264887bf48c3c8e48dd21c2a18bff218\" tg-width=\"748\" tg-height=\"406\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.wsj.com/articles/inflation-rates-fed-11624304034?mod=hp_lead_pos6\">The Wall Street Journal</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","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/inflation-rates-fed-11624304034?mod=hp_lead_pos6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103131610","content_text":"Annual inflation hit a 13-year high in May, but annualized price growth from 2019 was more modest.\n\n\nAs consumers deal with starkly higher prices than a year ago, the Federal Reserve has maintained its stance that high inflation, the increase in the price consumers pay for goods and services, isn’t expected to last very long.\nThe Fed tweaked its outlook and now expects toraise interest rates by late 2023—sooner than previously anticipated—noting progress in economic activity and employment.\nAnd while inflation’s 13-year high, as measured by the annual change in the consumer-price index from a year earlier, has caused concern, the central bank restated its belief that the rise in prices is “largely reflecting transitory factors.”\nThe Fed cuts its benchmark interest rate in economic downturns to lower borrowing costs and boost activity. When the economy is thriving, prices rise and the Fed tends to raise rates to keep inflation from climbing too far above its 2% target. Its preferred gauge, the personal-consumption expenditures price index, typically tracks just belowthe consumer-price index.\nA sudden burst in consumer demand from the economy reopening and an imbalance in supply disruptions are among the main factors driving up prices compared with the same period last year.\nAdjusting for the base effect\nAnother much-discussed consideration is the importance ofthe so-called base effect, which is the outsize impact when comparing change from one year that was unusual to the next. This can be caused by an economic anomaly—like last year’s pandemic lockdown, when prices dropped.\nThe base effect can be illustrated by calculating price changes from two years prior, instead of one year prior, and annualizing those figures. That adjustment puts inflation from pre-pandemic levels at 2.5%, rather than 5.0%, which is closer to the Fed’s 2% target rate.\n\nRecovery lag\nSome sectors that illustrated the base effect had high annual inflation in May but prices were actually below their pre-pandemic levels.\nFor example, lodging away from home, which includes hotel and motel prices, plummeted in early 2020 when travel restrictions were put in place. As restrictions eased this year, prices shot up. They were 9% higher in May compared with a year earlier during the beginning of the pandemic. Those prices, however, are still below pre-pandemic levels.\nAirline fares suffered similarly from the base effect. Fares rose 24.1% in May compared with a year earlier, but were down 6% compared with their pre-pandemic level.\nReverse base effect\nThe base effect impacted inflation for groceries in the other direction. As people shifted toward eating at home early in the pandemic, prices rose. Annual inflation peaked at 5.6% in June 2020 and fell to 0.7% in May from a year earlier—when prices were relatively high. Compared with pre-pandemic levels, though, prices never rose more than 3.3% and were up 2.7% in May.\n\nTight supply\nPrices for some goods and servicse have risen by both measures of inflation in recent months. In some industries, supply-chain issues abound as demand heats up and companies struggle to keep pace.\nThe recentglobal chip shortagehas had a ripple effect throughout industries and in particular has strained new-car inventories, causing buyers to instead shop the used car and truck market. The demand and thin supply have helped push preowned-vehicle prices up 29.7% from a year earlier. The rise from pre-pandemic levels was high at 13.7%, but less stark than the one year-earlier comparison.\nRental-car companies pared back their fleets early in the pandemic, leaving them with fewer used vehicles to rent to customers later in the year. Car and truck rental prices more than doubled in May compared with a year earlier and increased 30.2% from pre-pandemic levels.\nHow the U.S. stacks up\nAs more people return to work and the economy fully reopens, the Fed will continue to monitor consumer prices. Inflation in the U.S. has been higher than in other Group of Seven countries—the world’s largest advanced economies—a reflection in part of the impact of strong fiscal stimulus on the U.S. economy.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1673,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129360783,"gmtCreate":1624359789142,"gmtModify":1634007329892,"author":{"id":"3578535572025884","authorId":"3578535572025884","name":"MemeTrader","avatar":"https://static.tigerbbs.com/cdd6f948b4e50b4e4707503cb7d7917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578535572025884","idStr":"3578535572025884"},"themes":[],"htmlText":"Please like and comment, thanks!","listText":"Please like and comment, thanks!","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129360783","repostId":"1158893202","repostType":4,"repost":{"id":"1158893202","kind":"news","pubTimestamp":1624356715,"share":"https://www.laohu8.com/m/news/1158893202?lang=zh_CN&edition=full","pubTime":"2021-06-22 18:11","market":"us","language":"en","title":"Google Faces EU Antitrust Probe of Alleged Ad-Tech Abuses<blockquote>谷歌因涉嫌滥用广告技术而面临欧盟反垄断调查</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158893202","media":"The Wall Street Journal","summary":"EU probe increases scrutiny of Google’s leading role brokering digital ads across the internet.\n\nThe","content":"<p> EU probe increases scrutiny of Google’s leading role brokering digital ads across the internet. The European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector, the most wide-ranging case yet to look at that pillar of the tech giant’s business.</p><p><blockquote>欧盟调查加强了对谷歌在互联网上代理数字广告的主导作用的审查。欧盟对谷歌滥用其在广告技术领域领导地位的指控展开了正式的反垄断调查,这是迄今为止针对这家科技巨头业务支柱的最广泛的案件。</blockquote></p><p> The European Commission, the EU’s top antitrust enforcer, said Tuesday that its investigation, which has been under way informally since at least 2019, will look at a broad array of allegedly anticompetitive business practices around theAlphabetInc.GOOG0.71%unit’s brokering of advertisements and sharing of user data with advertisers across websites and mobile apps—one of the newest areas of antitrust scrutiny for the company.</p><p><blockquote>欧盟最高反垄断执法机构欧盟委员会周二表示,其调查至少自2019年以来一直在非正式进行,将调查围绕AlphabetInc.GOOG 0.71%部门的广告经纪和共享的一系列涉嫌反竞争的商业行为。通过网站和移动应用程序与广告商共享用户数据——这是该公司反垄断审查的最新领域之一。</blockquote></p><p> Some of the EU’s investigation will cover similar ground to a case filed last year against Google by agroup of U.S. states led by Texas. Similar areas include Google’s allegedly favoring its own ad-buying tools in the advertising auctions it runs.</p><p><blockquote>欧盟的一些调查将涵盖与去年以德克萨斯州为首的美国各州对谷歌提起的诉讼类似的理由。类似的领域包括谷歌据称在其运营的广告拍卖中偏爱自己的广告购买工具。</blockquote></p><p> But the EU probe will also cover complaints that haven’t yet been the subject of formal inquiries anywhere, including Google’s alleged exclusion of competitors from brokering ad buys on Google-owned video site YouTube.</p><p><blockquote>但欧盟的调查还将涵盖尚未成为任何地方正式调查主题的投诉,包括谷歌涉嫌排除竞争对手在谷歌旗下视频网站YouTube上进行广告购买。</blockquote></p><p> The EU investigation is also examining Google’s plans to block certain kinds of user-tracking technologies on its platforms, such as the Chrome browser and Android mobile operating system. Curtailing such tracking responds, at least in part, to pressure from privacy regulators and activists, but has led to antitrust complaints from competitors in the advertising-technology industry.</p><p><blockquote>欧盟的调查还在审查谷歌在其平台上屏蔽某些用户跟踪技术的计划,如Chrome浏览器和Android移动操作系统。减少此类跟踪至少在一定程度上是对隐私监管机构和活动人士压力的回应,但也导致了广告技术行业竞争对手的反垄断投诉。</blockquote></p><p> “Online advertising services are at the heart of how Google and publishers monetize their online services,” said Margrethe Vestager, the EU’s antitrust chief. “We are concerned that Google has made it harder for rival online advertising services to compete in the so-called ad tech stack.”</p><p><blockquote>欧盟反垄断负责人玛格丽特·维斯塔格(Margrethe Vestager)表示:“在线广告服务是谷歌和出版商在线服务货币化的核心。”“我们担心谷歌让竞争对手的在线广告服务更难在所谓的广告技术堆栈中竞争。”</blockquote></p><p> Google didn’t immediately respond to a request for comment.</p><p><blockquote>谷歌没有立即回应置评请求。</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>Google Faces EU Antitrust Probe of Alleged Ad-Tech Abuses<blockquote>谷歌因涉嫌滥用广告技术而面临欧盟反垄断调查</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\">\nGoogle Faces EU Antitrust Probe of Alleged Ad-Tech Abuses<blockquote>谷歌因涉嫌滥用广告技术而面临欧盟反垄断调查</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-06-22 18:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p> EU probe increases scrutiny of Google’s leading role brokering digital ads across the internet. The European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector, the most wide-ranging case yet to look at that pillar of the tech giant’s business.</p><p><blockquote>欧盟调查加强了对谷歌在互联网上代理数字广告的主导作用的审查。欧盟对谷歌滥用其在广告技术领域领导地位的指控展开了正式的反垄断调查,这是迄今为止针对这家科技巨头业务支柱的最广泛的案件。</blockquote></p><p> The European Commission, the EU’s top antitrust enforcer, said Tuesday that its investigation, which has been under way informally since at least 2019, will look at a broad array of allegedly anticompetitive business practices around theAlphabetInc.GOOG0.71%unit’s brokering of advertisements and sharing of user data with advertisers across websites and mobile apps—one of the newest areas of antitrust scrutiny for the company.</p><p><blockquote>欧盟最高反垄断执法机构欧盟委员会周二表示,其调查至少自2019年以来一直在非正式进行,将调查围绕AlphabetInc.GOOG 0.71%部门的广告经纪和共享的一系列涉嫌反竞争的商业行为。通过网站和移动应用程序与广告商共享用户数据——这是该公司反垄断审查的最新领域之一。</blockquote></p><p> Some of the EU’s investigation will cover similar ground to a case filed last year against Google by agroup of U.S. states led by Texas. Similar areas include Google’s allegedly favoring its own ad-buying tools in the advertising auctions it runs.</p><p><blockquote>欧盟的一些调查将涵盖与去年以德克萨斯州为首的美国各州对谷歌提起的诉讼类似的理由。类似的领域包括谷歌据称在其运营的广告拍卖中偏爱自己的广告购买工具。</blockquote></p><p> But the EU probe will also cover complaints that haven’t yet been the subject of formal inquiries anywhere, including Google’s alleged exclusion of competitors from brokering ad buys on Google-owned video site YouTube.</p><p><blockquote>但欧盟的调查还将涵盖尚未成为任何地方正式调查主题的投诉,包括谷歌涉嫌排除竞争对手在谷歌旗下视频网站YouTube上进行广告购买。</blockquote></p><p> The EU investigation is also examining Google’s plans to block certain kinds of user-tracking technologies on its platforms, such as the Chrome browser and Android mobile operating system. Curtailing such tracking responds, at least in part, to pressure from privacy regulators and activists, but has led to antitrust complaints from competitors in the advertising-technology industry.</p><p><blockquote>欧盟的调查还在审查谷歌在其平台上屏蔽某些用户跟踪技术的计划,如Chrome浏览器和Android移动操作系统。减少此类跟踪至少在一定程度上是对隐私监管机构和活动人士压力的回应,但也导致了广告技术行业竞争对手的反垄断投诉。</blockquote></p><p> “Online advertising services are at the heart of how Google and publishers monetize their online services,” said Margrethe Vestager, the EU’s antitrust chief. “We are concerned that Google has made it harder for rival online advertising services to compete in the so-called ad tech stack.”</p><p><blockquote>欧盟反垄断负责人玛格丽特·维斯塔格(Margrethe Vestager)表示:“在线广告服务是谷歌和出版商在线服务货币化的核心。”“我们担心谷歌让竞争对手的在线广告服务更难在所谓的广告技术堆栈中竞争。”</blockquote></p><p> Google didn’t immediately respond to a request for comment.</p><p><blockquote>谷歌没有立即回应置评请求。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.wsj.com/articles/google-faces-eu-antitrust-probe-of-alleged-ad-tech-abuses-11624355128?mod=hp_lead_pos1\">The Wall Street Journal</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":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.wsj.com/articles/google-faces-eu-antitrust-probe-of-alleged-ad-tech-abuses-11624355128?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158893202","content_text":"EU probe increases scrutiny of Google’s leading role brokering digital ads across the internet.\n\nThe European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector, the most wide-ranging case yet to look at that pillar of the tech giant’s business.\nThe European Commission, the EU’s top antitrust enforcer, said Tuesday that its investigation, which has been under way informally since at least 2019, will look at a broad array of allegedly anticompetitive business practices around theAlphabetInc.GOOG0.71%unit’s brokering of advertisements and sharing of user data with advertisers across websites and mobile apps—one of the newest areas of antitrust scrutiny for the company.\nSome of the EU’s investigation will cover similar ground to a case filed last year against Google by agroup of U.S. states led by Texas. Similar areas include Google’s allegedly favoring its own ad-buying tools in the advertising auctions it runs.\nBut the EU probe will also cover complaints that haven’t yet been the subject of formal inquiries anywhere, including Google’s alleged exclusion of competitors from brokering ad buys on Google-owned video site YouTube.\nThe EU investigation is also examining Google’s plans to block certain kinds of user-tracking technologies on its platforms, such as the Chrome browser and Android mobile operating system. Curtailing such tracking responds, at least in part, to pressure from privacy regulators and activists, but has led to antitrust complaints from competitors in the advertising-technology industry.\n“Online advertising services are at the heart of how Google and publishers monetize their online services,” said Margrethe Vestager, the EU’s antitrust chief. “We are concerned that Google has made it harder for rival online advertising services to compete in the so-called ad tech stack.”\nGoogle didn’t immediately respond to a request for comment.","news_type":1,"symbols_score_info":{"GOOGL":0.9,"GOOG":0.9}},"isVote":1,"tweetType":1,"viewCount":3123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167257207,"gmtCreate":1624273316909,"gmtModify":1634008602491,"author":{"id":"3578535572025884","authorId":"3578535572025884","name":"MemeTrader","avatar":"https://static.tigerbbs.com/cdd6f948b4e50b4e4707503cb7d7917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578535572025884","idStr":"3578535572025884"},"themes":[],"htmlText":"Like and comment please. Thanks.","listText":"Like and comment please. Thanks.","text":"Like and comment please. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/167257207","repostId":"1155298441","repostType":4,"isVote":1,"tweetType":1,"viewCount":2099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167254724,"gmtCreate":1624273293368,"gmtModify":1634008603165,"author":{"id":"3578535572025884","authorId":"3578535572025884","name":"MemeTrader","avatar":"https://static.tigerbbs.com/cdd6f948b4e50b4e4707503cb7d7917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578535572025884","idStr":"3578535572025884"},"themes":[],"htmlText":"Like and comment please. Thanks. ","listText":"Like and comment please. Thanks. ","text":"Like and comment please. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/167254724","repostId":"1141410103","repostType":4,"isVote":1,"tweetType":1,"viewCount":3447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167255604,"gmtCreate":1624273243608,"gmtModify":1634008604571,"author":{"id":"3578535572025884","authorId":"3578535572025884","name":"MemeTrader","avatar":"https://static.tigerbbs.com/cdd6f948b4e50b4e4707503cb7d7917a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578535572025884","idStr":"3578535572025884"},"themes":[],"htmlText":"Like and comment please. Thanks!","listText":"Like and comment please. Thanks!","text":"Like and comment please. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/167255604","repostId":"1154249454","repostType":4,"isVote":1,"tweetType":1,"viewCount":1431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}