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Weijunn
Weijunn
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2021-09-08
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Weijunn
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2021-08-31
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2021-08-31
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Weijunn
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2021-08-27
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Weijunn
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2021-08-25
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Weijunn
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2021-08-24
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Weijunn
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2021-08-21
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Weijunn
Weijunn
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2021-08-20
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Amazon Plans to Open Large Retail Locations Akin to Department Stores
Online shopping pioneer wants a larger retail presence to sell clothing and household items and faci
Amazon Plans to Open Large Retail Locations Akin to Department Stores
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Weijunn
Weijunn
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2021-08-19
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Inflation Is Higher in the U.S. Than Elsewhere, but Don’t Panic
While prices in the eurozone appear to be rising more slowly, the difference isn’t best explained by
Inflation Is Higher in the U.S. Than Elsewhere, but Don’t Panic
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Weijunn
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2021-08-18
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,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/838277899","repostId":"1147944508","repostType":4,"repost":{"id":"1147944508","kind":"news","pubTimestamp":1629416654,"share":"https://www.laohu8.com/m/news/1147944508?lang=&edition=full","pubTime":"2021-08-20 07:44","market":"us","language":"en","title":"Amazon Plans to Open Large Retail Locations Akin to Department Stores","url":"https://stock-news.laohu8.com/highlight/detail?id=1147944508","media":"The Wall Street Journal","summary":"Online shopping pioneer wants a larger retail presence to sell clothing and household items and faci","content":"<p>Online shopping pioneer wants a larger retail presence to sell clothing and household items and facilitate exchanges</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c9636afd2930660d1ff0c50ce38f3f33\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Amazon is stepping up its move into bricks-and-mortar retail, an area once dominated by department stores like Sears.</span></p>\n<p>Amazon.com Inc. plans to open several large physical retail locations in the U.S. that will operate akin to department stores, a step to help the tech company extend its reach in sales of clothing, household items, electronics and other areas, people familiar with the matter said.</p>\n<p>The plan to launch large stores will mark a new expansion for the online-shopping pioneer into bricks-and-mortar retail, an area Amazon has long disrupted.</p>\n<p>Some of the first Amazon department stores are expected to be located in Ohio and California, the people said. The new retail spaces will be around 30,000 square feet, smaller than most department stores, which typically occupy about 100,000 square feet, and will offer items from top consumer brands. The Amazon stores will dwarf many of the company’s other physical retail spaces and will have a footprint similar to scaled-down formats that Bloomingdale’s Inc.,Nordstrom Inc. and other department-store chains have begun opening, the people said.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d67f9de0074029db2427cb052caf03fc\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>Chains including J.C. Penney have emerged from bankruptcy protection with new owners.</span></p>\n<p>It is unclear what brands Amazon will offer in the stores, although the company’s private-label goods are expected to feature prominently, the people said. Amazon sells scores of products including clothes, furniture, batteries and electronic devices through many of its own labels. The plans aren’t yet final and could change, these people said.</p>\n<p>Amazon’s plans represent an evolution in the company’s efforts to move into bricks-and-mortar retail after years of taking market share from big-box operators—moves that helped to push many into bankruptcy. The company’s growth in online shopping helped accelerate the fall of mall operators and other once-potent physical-store empires.Amazon is now the largest seller of clothing in the U.S., surpassing Walmart Inc.,according to Wells Fargo & Co.</p>\n<p>Founded in 1994 as an online bookseller, Amazon has gradually gained a foothold in physical retail through the opening of book stores,grocery outlets and other physical spaces. The company bought the grocer Whole Foods Market in 2017.</p>\n<p>Amazon is pushing into an area that has struggled for decades. Department stores were once big, exciting places to shop, where consumers could find everything from toaster ovens to evening gowns under one roof. But they have lost out to discounters, fast-fashion retailers and online players. A generation ago, department stores comprised 10% of retail sales, excluding automobiles, gas and restaurants, according to estimates by the consulting firm Customer Growth Partners. So far this year, they account for less than 1%.</p>\n<p>Their troubles worsened last year during the depths of the Covid-19 pandemic, when J.C. Penney, Neiman Marcus Group Inc., Lord & Taylor and Stage Stores Inc. filed for bankruptcy. J.C. Penney and Neiman Marcus emerged from court protection under new owners. Lord & Taylor now sells only online, and Stage Stores liquidated.</p>\n<p>Analysts and industry executives aren’t counting department stores out just yet. Chains including Macy’s Inc. and Kohl’s Corp. reported strong sales Thursday as shoppers restocked their closets after reducing clothing purchases last year. The shares of both chains jumped Thursday.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/674ac6c89fb6009753f0194a611af973\" tg-width=\"1890\" tg-height=\"1260\" width=\"100%\" height=\"auto\"><span>Macy’s is benefiting as shoppers update their wardrobes after cutting back on clothing purchases last year.</span></p>\n<p>“People are absolutely returning and shopping in department stores,” John Idol, the chief executive of the Michael Kors parent Capri Holdings Ltd. told analysts on a conference call last month.</p>\n<p>Amazon approached some U.S. apparel brands roughly two years ago with the idea of opening large-scale stores that would showcase their products, a person familiar with the matter said.</p>\n<p>An expanded store footprint would enable Amazon to offer consumers a bevy of items they could try out in person before deciding to buy. That would be particularly beneficial in apparel, which can often be a guessing game for customers shopping online because of size and fit concerns. It would also give customers even more instant gratification than the quick shipping offered by Amazon for online purchases.</p>\n<p>Amazon executives have felt that bricks-and-mortar stores would enable better engagement with customers and provide a showcase for its devices and other products to shoppers who otherwise might not have tried them, a person familiar with the matter said. The company has sought to innovate in bricks and mortar while building a network of stores that could glean insightful customer data and provide new shopping experiences.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4331d12588b278f9081ae6c943c78038\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>The more than two dozen Amazon 4-star stores sell gadgets from electronics to kitchen products.</span></p>\n<p>While physical stores took a hit during the pandemic as people sheltered at home, foot traffic has gradually returned, although it remains below 2019 levels, according to ShopperTrak, which uses cameras to count traffic in U.S. retail stores.</p>\n<p>Amazon’s physical-store sales declined roughly 5% last year as customers shopped more online because of the pandemic. Year-over-year sales for the segment grew 11% during the second quarter this year.</p>\n<p>The company has in recent years invested more in building out its fashion business and giving shoppers increased alternatives regarding the purchase of apparel.Amazon has had a tougher time breaking into high-end fashion. Although Oscar de la Renta began selling cocktail dresses on Amazon’s website last year, few other luxury brands have followed.</p>\n<p>Over the years, Amazon has used its clout to expand into new markets, disrupting some industries and gaining strength in many others, including entertainment, groceries, healthcare and more. While the extent to which its physical-retail ambitions will grow isn’t clear, the company has been steadily adding stores for years.</p>\n<p>Amazon opened its first physical store in 2015, a bookstore in Seattle. It tried to set the stores apart from competitors by providing discounts to Amazon Prime customers, offering its own devices for testing and sale, and creating a highly curated selection of books based on a ratings system.</p>\n<p>Amazon now operates more than 20 bookstores throughout the country, as well as more than two dozen Amazon 4-star stores, outlets that sell gadgets from electronics to kitchen products. The 4-star stores have typically been around 4,000 square feet. Two years ago, the company said it would close many “pop-up” stores it had opened in malls. The small shops showcased such devices as smart speakers, tablets and Kindle e-readers.</p>\n<p>The company’s technological innovations have been particularly present in its line of grocery stores, which began with its purchase of Whole Foods. Those now include its cashierless Amazon Go convenience stores in Chicago, New York, San Francisco and Seattle and its more conventional Amazon Fresh stores across several states. It is unclear if Amazon is planning to introduce any store features such as cashierless technology at the new retail locations.</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>Amazon Plans to Open Large Retail Locations Akin to Department Stores</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nAmazon Plans to Open Large Retail Locations Akin to Department Stores\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 07:44 GMT+8 <a href=https://www.wsj.com/articles/amazon-retail-department-stores-11629330842?mod=hp_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Online shopping pioneer wants a larger retail presence to sell clothing and household items and facilitate exchanges\nAmazon is stepping up its move into bricks-and-mortar retail, an area once ...</p>\n\n<a href=\"https://www.wsj.com/articles/amazon-retail-department-stores-11629330842?mod=hp_lead_pos2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.wsj.com/articles/amazon-retail-department-stores-11629330842?mod=hp_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147944508","content_text":"Online shopping pioneer wants a larger retail presence to sell clothing and household items and facilitate exchanges\nAmazon is stepping up its move into bricks-and-mortar retail, an area once dominated by department stores like Sears.\nAmazon.com Inc. plans to open several large physical retail locations in the U.S. that will operate akin to department stores, a step to help the tech company extend its reach in sales of clothing, household items, electronics and other areas, people familiar with the matter said.\nThe plan to launch large stores will mark a new expansion for the online-shopping pioneer into bricks-and-mortar retail, an area Amazon has long disrupted.\nSome of the first Amazon department stores are expected to be located in Ohio and California, the people said. The new retail spaces will be around 30,000 square feet, smaller than most department stores, which typically occupy about 100,000 square feet, and will offer items from top consumer brands. The Amazon stores will dwarf many of the company’s other physical retail spaces and will have a footprint similar to scaled-down formats that Bloomingdale’s Inc.,Nordstrom Inc. and other department-store chains have begun opening, the people said.\nChains including J.C. Penney have emerged from bankruptcy protection with new owners.\nIt is unclear what brands Amazon will offer in the stores, although the company’s private-label goods are expected to feature prominently, the people said. Amazon sells scores of products including clothes, furniture, batteries and electronic devices through many of its own labels. The plans aren’t yet final and could change, these people said.\nAmazon’s plans represent an evolution in the company’s efforts to move into bricks-and-mortar retail after years of taking market share from big-box operators—moves that helped to push many into bankruptcy. The company’s growth in online shopping helped accelerate the fall of mall operators and other once-potent physical-store empires.Amazon is now the largest seller of clothing in the U.S., surpassing Walmart Inc.,according to Wells Fargo & Co.\nFounded in 1994 as an online bookseller, Amazon has gradually gained a foothold in physical retail through the opening of book stores,grocery outlets and other physical spaces. The company bought the grocer Whole Foods Market in 2017.\nAmazon is pushing into an area that has struggled for decades. Department stores were once big, exciting places to shop, where consumers could find everything from toaster ovens to evening gowns under one roof. But they have lost out to discounters, fast-fashion retailers and online players. A generation ago, department stores comprised 10% of retail sales, excluding automobiles, gas and restaurants, according to estimates by the consulting firm Customer Growth Partners. So far this year, they account for less than 1%.\nTheir troubles worsened last year during the depths of the Covid-19 pandemic, when J.C. Penney, Neiman Marcus Group Inc., Lord & Taylor and Stage Stores Inc. filed for bankruptcy. J.C. Penney and Neiman Marcus emerged from court protection under new owners. Lord & Taylor now sells only online, and Stage Stores liquidated.\nAnalysts and industry executives aren’t counting department stores out just yet. Chains including Macy’s Inc. and Kohl’s Corp. reported strong sales Thursday as shoppers restocked their closets after reducing clothing purchases last year. The shares of both chains jumped Thursday.\nMacy’s is benefiting as shoppers update their wardrobes after cutting back on clothing purchases last year.\n“People are absolutely returning and shopping in department stores,” John Idol, the chief executive of the Michael Kors parent Capri Holdings Ltd. told analysts on a conference call last month.\nAmazon approached some U.S. apparel brands roughly two years ago with the idea of opening large-scale stores that would showcase their products, a person familiar with the matter said.\nAn expanded store footprint would enable Amazon to offer consumers a bevy of items they could try out in person before deciding to buy. That would be particularly beneficial in apparel, which can often be a guessing game for customers shopping online because of size and fit concerns. It would also give customers even more instant gratification than the quick shipping offered by Amazon for online purchases.\nAmazon executives have felt that bricks-and-mortar stores would enable better engagement with customers and provide a showcase for its devices and other products to shoppers who otherwise might not have tried them, a person familiar with the matter said. The company has sought to innovate in bricks and mortar while building a network of stores that could glean insightful customer data and provide new shopping experiences.\nThe more than two dozen Amazon 4-star stores sell gadgets from electronics to kitchen products.\nWhile physical stores took a hit during the pandemic as people sheltered at home, foot traffic has gradually returned, although it remains below 2019 levels, according to ShopperTrak, which uses cameras to count traffic in U.S. retail stores.\nAmazon’s physical-store sales declined roughly 5% last year as customers shopped more online because of the pandemic. Year-over-year sales for the segment grew 11% during the second quarter this year.\nThe company has in recent years invested more in building out its fashion business and giving shoppers increased alternatives regarding the purchase of apparel.Amazon has had a tougher time breaking into high-end fashion. Although Oscar de la Renta began selling cocktail dresses on Amazon’s website last year, few other luxury brands have followed.\nOver the years, Amazon has used its clout to expand into new markets, disrupting some industries and gaining strength in many others, including entertainment, groceries, healthcare and more. While the extent to which its physical-retail ambitions will grow isn’t clear, the company has been steadily adding stores for years.\nAmazon opened its first physical store in 2015, a bookstore in Seattle. It tried to set the stores apart from competitors by providing discounts to Amazon Prime customers, offering its own devices for testing and sale, and creating a highly curated selection of books based on a ratings system.\nAmazon now operates more than 20 bookstores throughout the country, as well as more than two dozen Amazon 4-star stores, outlets that sell gadgets from electronics to kitchen products. The 4-star stores have typically been around 4,000 square feet. Two years ago, the company said it would close many “pop-up” stores it had opened in malls. The small shops showcased such devices as smart speakers, tablets and Kindle e-readers.\nThe company’s technological innovations have been particularly present in its line of grocery stores, which began with its purchase of Whole Foods. Those now include its cashierless Amazon Go convenience stores in Chicago, New York, San Francisco and Seattle and its more conventional Amazon Fresh stores across several states. It is unclear if Amazon is planning to introduce any store features such as cashierless technology at the new retail locations.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1708,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831225496,"gmtCreate":1629331245115,"gmtModify":1631892065295,"author":{"id":"3581902862365801","authorId":"3581902862365801","name":"Weijunn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581902862365801","authorIdStr":"3581902862365801"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/831225496","repostId":"1181537707","repostType":4,"repost":{"id":"1181537707","kind":"news","pubTimestamp":1629297265,"share":"https://www.laohu8.com/m/news/1181537707?lang=&edition=full","pubTime":"2021-08-18 22:34","market":"us","language":"en","title":"Inflation Is Higher in the U.S. Than Elsewhere, but Don’t Panic","url":"https://stock-news.laohu8.com/highlight/detail?id=1181537707","media":"The Wall Street Journal","summary":"While prices in the eurozone appear to be rising more slowly, the difference isn’t best explained by","content":"<blockquote>\n While prices in the eurozone appear to be rising more slowly, the difference isn’t best explained by any inflationary economic policies in Washington.\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/ca674d5c6ff01a5f89997288be6364b8\" tg-width=\"871\" tg-height=\"517\" width=\"100%\" height=\"auto\">America likes being exceptional, but too much exceptionalism when it comes to inflation is starting to cause concern. A closer look at the data suggests that investors can keep calm.</p>\n<p>On Wednesday, official figures confirmed that the harmonized consumer-price index in the eurozone rose 2.2% in July from a year earlier. This marked an acceleration relative to June, when inflation was 1.9%. But stripping out energy, food, alcohol and tobacco prices to see what is dubbed “core” inflation, the index only rose 0.7%, down from 0.9% the previous month.</p>\n<p>What is surprising isn’t inflation being too strong in the eurozone, but rather it being too weakrelative to the U.S., where CPI growth reached 5.4% in July, with core inflation at 4.3%.</p>\n<p>Officials argue that today’s inflation is only temporarily higher as global prices rebound from the troughs of the pandemic and companies work through supply bottlenecks. Yet, if it is so much higher in the U.S., doesn’t this mean that excessive fiscal and monetary policy are driving the economy—since transfers to households have been less generous in Europe—and could trigger a dangerous delayed reaction by the Federal Reserve? Some prominent economists think so.</p>\n<p><img src=\"https://static.tigerbbs.com/d76c2a0f13ab39592583dd45f8a3a9d2\" tg-width=\"742\" tg-height=\"416\" width=\"100%\" height=\"auto\">Once compared with U.S. data, however, Wednesday’s figures show that more than half of the 3.2-percentage-point gap between inflation figures across the Atlantic can be explained away by two factors.</p>\n<p>The first is Americans’ reliance on used cars, which make up 3.5% of their consumption baskets, versus 1.1% for Europeans. Auto makers are having production issues due to a microchip shortage. In Europe, consumers have delayed car purchases. In the U.S., they have bid the price of used cars up 42%.</p>\n<p>The other has to do with the way shelter costs are calculated. U.S. numbers include a theoretical category that factors in the rent that owner-occupiers would pay if they rented, whereas European statistics only count those who are actually renting—an issue that the European Central Bank is seeking to address. This has long made eurozone inflation appear lower, and is key now: While rents in both regions are up by a similar amount, they account for a massive 31% of the U.S. CPI basket, and only 7.5% of the European one.</p>\n<p>Of the differences that remain, most seem related to the U.S. having reopened its economy first, particularly travel. Airfares are up 19%, reflecting the degree of normality U.S. carriers are enjoying in the domestic market. Meanwhile, their European counterparts are still dealing with rafts of travel restrictions and have only increased prices 1%. There are similar stories for restaurants and hotels.</p>\n<p><img src=\"https://static.tigerbbs.com/d71c445a20f52dd97521b03eb12d417f\" tg-width=\"725\" tg-height=\"415\" width=\"100%\" height=\"auto\">To be sure, the relative surge in some price categories, such as apparel, could be more indicative of demand-led pressure caused by American consumers being awash with cash. But the weakness inthe latest U.S. retail sales datashould be a check on any assumptions that a short-term rebound in spending willnecessarily lead to a sustained boom.</p>\n<p>Overall, most goods’ prices have remained remarkably stable during the pandemic. A rebound in services will likely help European headline inflation catch up with its U.S. counterpart somewhat in the coming months. With the labor market recovery far from complete, though, signs of economic overheating on either side of the Atlantic are likely a mathematical mirage.</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>Inflation Is Higher in the U.S. Than Elsewhere, but Don’t Panic</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nInflation Is Higher in the U.S. Than Elsewhere, but Don’t Panic\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 22:34 GMT+8 <a href=https://www.wsj.com/articles/inflation-is-higher-in-the-u-s-than-elsewhere-but-dont-panic-11629296911?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While prices in the eurozone appear to be rising more slowly, the difference isn’t best explained by any inflationary economic policies in Washington.\n\nAmerica likes being exceptional, but too much ...</p>\n\n<a href=\"https://www.wsj.com/articles/inflation-is-higher-in-the-u-s-than-elsewhere-but-dont-panic-11629296911?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/inflation-is-higher-in-the-u-s-than-elsewhere-but-dont-panic-11629296911?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181537707","content_text":"While prices in the eurozone appear to be rising more slowly, the difference isn’t best explained by any inflationary economic policies in Washington.\n\nAmerica likes being exceptional, but too much exceptionalism when it comes to inflation is starting to cause concern. A closer look at the data suggests that investors can keep calm.\nOn Wednesday, official figures confirmed that the harmonized consumer-price index in the eurozone rose 2.2% in July from a year earlier. This marked an acceleration relative to June, when inflation was 1.9%. But stripping out energy, food, alcohol and tobacco prices to see what is dubbed “core” inflation, the index only rose 0.7%, down from 0.9% the previous month.\nWhat is surprising isn’t inflation being too strong in the eurozone, but rather it being too weakrelative to the U.S., where CPI growth reached 5.4% in July, with core inflation at 4.3%.\nOfficials argue that today’s inflation is only temporarily higher as global prices rebound from the troughs of the pandemic and companies work through supply bottlenecks. Yet, if it is so much higher in the U.S., doesn’t this mean that excessive fiscal and monetary policy are driving the economy—since transfers to households have been less generous in Europe—and could trigger a dangerous delayed reaction by the Federal Reserve? Some prominent economists think so.\nOnce compared with U.S. data, however, Wednesday’s figures show that more than half of the 3.2-percentage-point gap between inflation figures across the Atlantic can be explained away by two factors.\nThe first is Americans’ reliance on used cars, which make up 3.5% of their consumption baskets, versus 1.1% for Europeans. Auto makers are having production issues due to a microchip shortage. In Europe, consumers have delayed car purchases. In the U.S., they have bid the price of used cars up 42%.\nThe other has to do with the way shelter costs are calculated. U.S. numbers include a theoretical category that factors in the rent that owner-occupiers would pay if they rented, whereas European statistics only count those who are actually renting—an issue that the European Central Bank is seeking to address. This has long made eurozone inflation appear lower, and is key now: While rents in both regions are up by a similar amount, they account for a massive 31% of the U.S. CPI basket, and only 7.5% of the European one.\nOf the differences that remain, most seem related to the U.S. having reopened its economy first, particularly travel. Airfares are up 19%, reflecting the degree of normality U.S. carriers are enjoying in the domestic market. Meanwhile, their European counterparts are still dealing with rafts of travel restrictions and have only increased prices 1%. There are similar stories for restaurants and hotels.\nTo be sure, the relative surge in some price categories, such as apparel, could be more indicative of demand-led pressure caused by American consumers being awash with cash. But the weakness inthe latest U.S. retail sales datashould be a check on any assumptions that a short-term rebound in spending willnecessarily lead to a sustained boom.\nOverall, most goods’ prices have remained remarkably stable during the pandemic. A rebound in services will likely help European headline inflation catch up with its U.S. counterpart somewhat in the coming months. With the labor market recovery far from complete, though, signs of economic overheating on either side of the Atlantic are likely a mathematical mirage.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":2607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833281140,"gmtCreate":1629245263680,"gmtModify":1631892065296,"author":{"id":"3581902862365801","authorId":"3581902862365801","name":"Weijunn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581902862365801","authorIdStr":"3581902862365801"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833281140","repostId":"2160788036","repostType":2,"isVote":1,"tweetType":1,"viewCount":2540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}