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不保持原状小小投资，获益良多，凡事需适可而止。
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猫猫723
猫猫723
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2021-09-06
?
Xiaomi Group: Spending HK $199 million to repurchase 7.98 million shares today
9月6日，小米集团公布，于2021年9月6日，该公司以每股24.9-25港元的价格回购798万股股份，斥资1.99亿港元。
Xiaomi Group: Spending HK $199 million to repurchase 7.98 million shares today
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猫猫723
猫猫723
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2021-09-03
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猫猫723
猫猫723
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2021-08-29
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BRIEF-U.S. CDC Says Delivered 439,428,235 Doses Of Covid-19 Vaccine As Of Aug 28
Aug 28 (Reuters) - * U.S. CDC SAYS DELIVERED 439,428,235 DOSES OF COVID-19 VACCINE AS OF AUG 28 V
BRIEF-U.S. CDC Says Delivered 439,428,235 Doses Of Covid-19 Vaccine As Of Aug 28
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猫猫723
猫猫723
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2021-08-29
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iPhone 13 series mobile phones with 1TB storage revealed as low as 14,000 yuan
相关消息透露称，iPhone 13系列将会在9月17日正式发售，该系列分别是iPhone 13 mini、iPhone 13、iPhone 13 Pro、iPhone 13 Pro Max。对于它的售价，最近有爆料称iPhone 13系列手机最低5499元起，1TB顶配版估计会高至1.4 万元。
iPhone 13 series mobile phones with 1TB storage revealed as low as 14,000 yuan
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猫猫723
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2021-08-29
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Tesla's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph
Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvi
Tesla's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph
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猫猫723
猫猫723
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2021-08-28
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猫猫723
猫猫723
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2021-08-27
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猫猫723
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2021-08-27
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How is the Fed manipulating global inflation?
按照价格上升的速度，人们通常将通货膨胀划分为以下几个级别： 爬行通货膨胀(creeping inflation, 每年物价上升1%~3%); 温和通货膨胀(moderate inflation, 每年
How is the Fed manipulating global inflation?
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猫猫723
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2021-08-23
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Tencent Holdings: Spending HK $101 million to buy back 230,000 shares today
8月23日，腾讯控股发布公告：2021年8月23日耗资1.01亿港元回购23万股股票，回购价格每股432-443.8港元。
Tencent Holdings: Spending HK $101 million to buy back 230,000 shares today
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猫猫723
猫猫723
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2021-08-19
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The Federal Reserve's voting committee next year: QE will end in the first quarter of next year, and rate hike in the fourth quarter will be reasonable
圣路易斯联储主席布拉德表示，他倾向于美联储在2022年一季度完成减码QE的任务，2022年第四季度是开始加息的最“合乎逻辑的地方”。美国经济显然已经适应流行病疫情，德尔塔变异毒株的扩散可能并不会阻碍经济的适应能力
The Federal Reserve's voting committee next year: QE will end in the first quarter of next year, and rate hike in the fourth quarter will be reasonable
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630193231,"share":"https://ttm.financial/m/news/2163346079?lang=en_US&edition=fundamental","pubTime":"2021-08-29 07:27","market":"sh","language":"en","title":"BRIEF-U.S. CDC Says Delivered 439,428,235 Doses Of Covid-19 Vaccine As Of Aug 28","url":"https://stock-news.laohu8.com/highlight/detail?id=2163346079","media":"Reuters","summary":"Aug 28 (Reuters) - * U.S. CDC SAYS DELIVERED 439,428,235 DOSES OF COVID-19 VACCINE AS OF AUG 28 V","content":"<html><body><p>Aug 28 (Reuters) - </p><p> * U.S. CDC SAYS DELIVERED 439,428,235 DOSES OF COVID-19 VACCINE AS OF AUG 28 VERSUS 437,567,285 DOSES DELIVERED AS OF AUG 27</p><p> * U.S. CDC SAYS ADMINISTERED 367,911,870 DOSES OF COVID-19 VACCINE AS OF AUG 28 VERSUS 366,838,484 DOSES ADMINISTERED AS OF AUG 27</p><p> * U.S. CDC SAYS 203,992,008 INDIVIDUALS HAVE RECEIVED AT LEAST ONE DOSE OF COVID-19 VACCINE AS OF AUG 28 VERSUS 203,475,192 INDIVIDUALS AS OF AUG 27</p><p> * UU.S. CDC SAYS 173,101,292 INDIVIDUALS HAVE BEEN FULLY VACCINATED AGAINST COVID-19 AS OF AUG 28 VERSUS 172,646,952 INDIVIDUALS AS OF AUG 27</p><p>((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","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>BRIEF-U.S. CDC Says Delivered 439,428,235 Doses Of Covid-19 Vaccine As Of Aug 28</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\">\nBRIEF-U.S. CDC Says Delivered 439,428,235 Doses Of Covid-19 Vaccine As Of Aug 28\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-29 07:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Aug 28 (Reuters) - </p><p> * U.S. CDC SAYS DELIVERED 439,428,235 DOSES OF COVID-19 VACCINE AS OF AUG 28 VERSUS 437,567,285 DOSES DELIVERED AS OF AUG 27</p><p> * U.S. CDC SAYS ADMINISTERED 367,911,870 DOSES OF COVID-19 VACCINE AS OF AUG 28 VERSUS 366,838,484 DOSES ADMINISTERED AS OF AUG 27</p><p> * U.S. CDC SAYS 203,992,008 INDIVIDUALS HAVE RECEIVED AT LEAST ONE DOSE OF COVID-19 VACCINE AS OF AUG 28 VERSUS 203,475,192 INDIVIDUALS AS OF AUG 27</p><p> * UU.S. CDC SAYS 173,101,292 INDIVIDUALS HAVE BEEN FULLY VACCINATED AGAINST COVID-19 AS OF AUG 28 VERSUS 172,646,952 INDIVIDUALS AS OF AUG 27</p><p>((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生","MRNA":"Moderna, Inc.","PFE":"辉瑞"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163346079","content_text":"Aug 28 (Reuters) - * U.S. CDC SAYS DELIVERED 439,428,235 DOSES OF COVID-19 VACCINE AS OF AUG 28 VERSUS 437,567,285 DOSES DELIVERED AS OF AUG 27 * U.S. CDC SAYS ADMINISTERED 367,911,870 DOSES OF COVID-19 VACCINE AS OF AUG 28 VERSUS 366,838,484 DOSES ADMINISTERED AS OF AUG 27 * U.S. CDC SAYS 203,992,008 INDIVIDUALS HAVE RECEIVED AT LEAST ONE DOSE OF COVID-19 VACCINE AS OF AUG 28 VERSUS 203,475,192 INDIVIDUALS AS OF AUG 27 * UU.S. CDC SAYS 173,101,292 INDIVIDUALS HAVE BEEN FULLY VACCINATED AGAINST COVID-19 AS OF AUG 28 VERSUS 172,646,952 INDIVIDUALS AS OF AUG 27((Reuters.Briefs@thomsonreuters.com;))","news_type":1,"symbols_score_info":{"PFE":0.9,"MRNA":0.9,"JNJ":0.9}},"isVote":1,"tweetType":1,"viewCount":2325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813590379,"gmtCreate":1630210510092,"gmtModify":1676530244575,"author":{"id":"4088869543384780","authorId":"4088869543384780","name":"猫猫723","avatar":"https://static.tigerbbs.com/6c5060d3e47a8d4bf6b19697a47d2e33","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088869543384780","authorIdStr":"4088869543384780"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813590379","repostId":"2163799020","repostType":2,"repost":{"id":"2163799020","kind":"news","pubTimestamp":1630200210,"share":"https://ttm.financial/m/news/2163799020?lang=en_US&edition=fundamental","pubTime":"2021-08-29 09:23","market":"us","language":"zh","title":"iPhone 13 series mobile phones with 1TB storage revealed as low as 14,000 yuan","url":"https://stock-news.laohu8.com/highlight/detail?id=2163799020","media":"苏圆","summary":"相关消息透露称，iPhone 13系列将会在9月17日正式发售，该系列分别是iPhone 13 mini、iPhone 13、iPhone 13 Pro、iPhone 13 Pro Max。对于它的售价，最近有爆料称iPhone 13系列手机最低5499元起，1TB顶配版估计会高至1.4 万元。","content":"<p><html><body><div><div itemprop=\"articleBody\"><img src=\"https://article-fd.zol-img.com.cn/t_s640x2000/g6/M00/03/01/ChMkKmEq4sCISMZfAABCiJ3Ju24AATNLgMWqPoAAEKg187.jpg\"/><div><div><div></div></div></div>Relevant news revealed that the iPhone 13 series will be officially released on September 17. The series are iPhone 13 mini, iPhone 13, iPhone 13 Pro, and iPhone 13 Pro Max.</p><p><span></span><img height=\"337\" src=\"https://article-fd.zol-img.com.cn/t_s640x2000/g6/M00/03/01/ChMkKmEq4sCISMZfAABCiJ3Ju24AATNLgMWqPoAAEKg187.jpg\" width=\"600\"/></p><p>Regarding its price, it has recently been reported that the iPhone 13 series mobile phones start from as low as 5,499 yuan, and the 1TB top-end version is estimated to be as high as 14,000 yuan.</p><p>This article is an original article. If reprinted, please indicate the source: The iPhone 13 series mobile phone with 1TB storage is exposed to a minimum of 14,000 yuan https://news.zol.com.cn/775/7754952.html</p><p><div zpv-events-inview=\"article-cont-bottom-viewport\"></div><div><span itemprop=\"url\">https://news.zol.com.cn/775/7754952.html</span><span itemprop=\"indexUrl\">news.zol.com.cn</span><span itemprop=\"isOriginal\">true</span><span itemprop=\"author\"><a href=\"https://laohu8.com/S/000931\">Zhongguancun</a>Online</span><span itemprop=\"isBasedOnUrl\">https://news.zol.com.cn/775/7754952.html</span><span itemprop=\"genre\">report</span><span itemprop=\"wordCount\">211</span><span itemprop=\"description\">Relevant news revealed that the iPhone 13 series will be officially released on September 17. The series are iPhone 13 mini, iPhone 13, iPhone 13 Pro, and iPhone 13 Pro Max. For its selling price, it has been revealed recently that the iPhone 13 series mobile phones start from as low as 5,499 yuan, and the 1TB top version is estimated to be as high as 14,000 yuan....</span></div></div></div></body></html></p>","source":"zol_stock","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>iPhone 13 series mobile phones with 1TB storage revealed as low as 14,000 yuan</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\">\niPhone 13 series mobile phones with 1TB storage revealed as low as 14,000 yuan\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">苏圆</strong><span class=\"h-time small\">2021-08-29 09:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body><div><div itemprop=\"articleBody\"><img src=\"https://article-fd.zol-img.com.cn/t_s640x2000/g6/M00/03/01/ChMkKmEq4sCISMZfAABCiJ3Ju24AATNLgMWqPoAAEKg187.jpg\"/><div><div><div></div></div></div>Relevant news revealed that the iPhone 13 series will be officially released on September 17. The series are iPhone 13 mini, iPhone 13, iPhone 13 Pro, and iPhone 13 Pro Max.</p><p><span></span><img height=\"337\" src=\"https://article-fd.zol-img.com.cn/t_s640x2000/g6/M00/03/01/ChMkKmEq4sCISMZfAABCiJ3Ju24AATNLgMWqPoAAEKg187.jpg\" width=\"600\"/></p><p>Regarding its price, it has recently been reported that the iPhone 13 series mobile phones start from as low as 5,499 yuan, and the 1TB top-end version is estimated to be as high as 14,000 yuan.</p><p>This article is an original article. If reprinted, please indicate the source: The iPhone 13 series mobile phone with 1TB storage is exposed to a minimum of 14,000 yuan https://news.zol.com.cn/775/7754952.html</p><p><div zpv-events-inview=\"article-cont-bottom-viewport\"></div><div><span itemprop=\"url\">https://news.zol.com.cn/775/7754952.html</span><span itemprop=\"indexUrl\">news.zol.com.cn</span><span itemprop=\"isOriginal\">true</span><span itemprop=\"author\"><a href=\"https://laohu8.com/S/000931\">Zhongguancun</a>Online</span><span itemprop=\"isBasedOnUrl\">https://news.zol.com.cn/775/7754952.html</span><span itemprop=\"genre\">report</span><span itemprop=\"wordCount\">211</span><span itemprop=\"description\">Relevant news revealed that the iPhone 13 series will be officially released on September 17. The series are iPhone 13 mini, iPhone 13, iPhone 13 Pro, and iPhone 13 Pro Max. For its selling price, it has been revealed recently that the iPhone 13 series mobile phones start from as low as 5,499 yuan, and the 1TB top version is estimated to be as high as 14,000 yuan....</span></div></div></div></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://news.zol.com.cn/775/7754952.html\">苏圆</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e64b08e46b6eb1bee9b4fcb8733eb9bd","relate_stocks":{"AAPL":"苹果"},"source_url":"http://news.zol.com.cn/775/7754952.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163799020","content_text":"相关消息透露称，iPhone 13系列将会在9月17日正式发售，该系列分别是iPhone 13 mini、iPhone 13、iPhone 13 Pro、iPhone 13 Pro Max。对于它的售价，最近有爆料称iPhone 13系列手机最低5499元起，1TB顶配版估计会高至1.4 万元。本文属于原创文章，如若转载，请注明来源：曝1TB存储的iPhone 13系列手机最低1.4 万元 https://news.zol.com.cn/775/7754952.html\n\nhttps://news.zol.com.cn/775/7754952.html\nnews.zol.com.cn\ntrue\n中关村在线\nhttps://news.zol.com.cn/775/7754952.html\nreport\n211\n相关消息透露称，iPhone 13系列将会在9月17日正式发售，该系列分别是iPhone 13 mini、iPhone 13、iPhone 13 Pro、iPhone 13 Pro Max。对于它的售价，最近有爆料称iPhone 13系列手机最低5499元起，1TB顶配版估计会高至1.4 万元。...","news_type":1,"symbols_score_info":{"AAPL":1}},"isVote":1,"tweetType":1,"viewCount":2479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813507661,"gmtCreate":1630210465453,"gmtModify":1676530244567,"author":{"id":"4088869543384780","authorId":"4088869543384780","name":"猫猫723","avatar":"https://static.tigerbbs.com/6c5060d3e47a8d4bf6b19697a47d2e33","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088869543384780","authorIdStr":"4088869543384780"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/813507661","repostId":"2163079626","repostType":2,"repost":{"id":"2163079626","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630200486,"share":"https://ttm.financial/m/news/2163079626?lang=en_US&edition=fundamental","pubTime":"2021-08-29 09:28","market":"us","language":"en","title":"Tesla's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph","url":"https://stock-news.laohu8.com/highlight/detail?id=2163079626","media":"Reuters","summary":"Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvi","content":"<html><body><p>Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's</p><p> planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources. </p><p> E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported.</p><p> Earlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings are expected in the coming weeks, according to the newspaper.</p><p> Tesla, Amazon, Samsung and Nvidia did not immediately respond to a Reuters request for comment. </p><p> Nvidia is likely to seek European Union antitrust approval for the $54 billion purchase of Arm early next month, with regulators expected to launch a full-scale investigation after a preliminary review, people familiar with the matter have said.</p><p> (Reporting by Aishwarya Nair in Bengaluru)</p><p>((Aishwarya.Nair@thomsonreuters.com; +91-8067494421;))</p></body></html>","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>Tesla's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph</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\">\nTesla's Musk signals concerns over Nvidia deal for UK chip maker -The Telegraph\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-29 09:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's</p><p> planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources. </p><p> E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported.</p><p> Earlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings are expected in the coming weeks, according to the newspaper.</p><p> Tesla, Amazon, Samsung and Nvidia did not immediately respond to a Reuters request for comment. </p><p> Nvidia is likely to seek European Union antitrust approval for the $54 billion purchase of Arm early next month, with regulators expected to launch a full-scale investigation after a preliminary review, people familiar with the matter have said.</p><p> (Reporting by Aishwarya Nair in Bengaluru)</p><p>((Aishwarya.Nair@thomsonreuters.com; +91-8067494421;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","AMZN":"亚马逊"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163079626","content_text":"Aug 28 (Reuters) - Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources. E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported. Earlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings are expected in the coming weeks, according to the newspaper. Tesla, Amazon, Samsung and Nvidia did not immediately respond to a Reuters request for comment. Nvidia is likely to seek European Union antitrust approval for the $54 billion purchase of Arm early next month, with regulators expected to launch a full-scale investigation after a preliminary review, people familiar with the matter have said. (Reporting by Aishwarya Nair in Bengaluru)((Aishwarya.Nair@thomsonreuters.com; +91-8067494421;))","news_type":1,"symbols_score_info":{"TSLA":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819455058,"gmtCreate":1630100810074,"gmtModify":1676530223015,"author":{"id":"4088869543384780","authorId":"4088869543384780","name":"猫猫723","avatar":"https://static.tigerbbs.com/6c5060d3e47a8d4bf6b19697a47d2e33","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088869543384780","authorIdStr":"4088869543384780"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819455058","repostId":"2162271120","repostType":2,"isVote":1,"tweetType":1,"viewCount":1815,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810795887,"gmtCreate":1630009180349,"gmtModify":1676530197811,"author":{"id":"4088869543384780","authorId":"4088869543384780","name":"猫猫723","avatar":"https://static.tigerbbs.com/6c5060d3e47a8d4bf6b19697a47d2e33","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088869543384780","authorIdStr":"4088869543384780"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810795887","repostId":"1149933443","repostType":4,"isVote":1,"tweetType":1,"viewCount":1843,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810795134,"gmtCreate":1630009151028,"gmtModify":1676530197811,"author":{"id":"4088869543384780","authorId":"4088869543384780","name":"猫猫723","avatar":"https://static.tigerbbs.com/6c5060d3e47a8d4bf6b19697a47d2e33","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088869543384780","authorIdStr":"4088869543384780"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810795134","repostId":"1187114664","repostType":4,"repost":{"id":"1187114664","kind":"news","pubTimestamp":1630031209,"share":"https://ttm.financial/m/news/1187114664?lang=en_US&edition=fundamental","pubTime":"2021-08-27 10:26","market":"us","language":"zh","title":"How is the Fed manipulating global inflation?","url":"https://stock-news.laohu8.com/highlight/detail?id=1187114664","media":"财主家的余粮","summary":"按照价格上升的速度，人们通常将通货膨胀划分为以下几个级别：\n爬行通货膨胀(creeping inflation, 每年物价上升1%~3%);\n温和通货膨胀(moderate inflation, 每年","content":"<p>According to the rate at which prices are rising, people usually divide inflation into the following levels:</p><p><b>creeping inflation (1% ~ 3% annual price increase);</b></p><p><b>moderate inflation (3% ~ 6% annual price increase);</b></p><p><b>raging inflation (6% ~ 9% annual price increase);</b></p><p><b>galloping inflation (galloping inflation, price increases of 10% ~ 50% every year);</b></p><p><b>hyper-inflation, where prices rise by more than 50% every year.</b></p><p>By studying the monetary history of the United States for nearly a hundred years from 1867 to 1960, Friedman came to a firm conclusion about inflation:</p><p><b>\"Inflation, at any time and anywhere, is a monetary phenomenon\".</b></p><p>Furthermore, according to Friedman's research, except hyperinflation, inflation usually occurs 12-24 months after the issuance of additional currency, and its duration is usually longer than 24 months.</p><p>Therefore, how to manipulate inflation, to put it bluntly, is to manipulate the issuance of currency, which is the central bank's business.</p><p><img src=\"https://static.tigerbbs.com/9c98d63d291d237f8950be12f1a0750f\" tg-width=\"1080\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>Some people stare at the changes of the central bank's balance sheet to judge the trend of inflation-because the size of the central bank's balance sheet indeed represents the total size of the central bank's money printing, and the size of the balance sheet is completely under the control of the central bank.</p><p>There is really nothing wrong with this idea. Unfortunately, the reality is very skinny. Apart from seeing that the central bank's balance sheet has been increasing and inflation has been continuing, you can hardly see the relationship between changes in inflation and changes in the size of the central bank's balance sheet.</p><p>For example, since 2008, we can observe the size of the balance sheet of the Federal Reserve. After the periodic surge, we can indeed observe that inflation also soared in periods one year later, but most of the time inflation has an impact on the balance sheet. There is little response to changes in sheet size.</p><p><img src=\"https://static.tigerbbs.com/b661b875fd52225ff055b573bda9d7bc\" tg-width=\"864\" tg-height=\"420\" referrerpolicy=\"no-referrer\"></p><p>The size of central bank balance sheets in other major global economies, including Europe, China and Japan, has less to do with inflation.</p><p>Some people stare at the rate of change of broad money, because the definition of broad money does include all the money and credit derived from the base money in a society, which represents the ability of the whole society to pay.</p><p>Take the growth rate of US dollar M2 again to observe the relationship between broad money and inflation.</p><p><img src=\"https://static.tigerbbs.com/4566cd8037455a6e2d0f324863cab858\" tg-width=\"864\" tg-height=\"441\" referrerpolicy=\"no-referrer\"></p><p>The relationship between M2 growth rate and inflation is better than the change of asset size, but there is still no pattern overall.</p><p>More importantly, no matter in the United States or China, broad money mainly comes from the expansion of social credit. Although the central bank can affect its expansion speed by cutting interest rates and printing money in rate hike, it is not completely under the control of the central bank after all. To a large extent, it is affected by the economic environment, and the central bank must choose a data that it can completely control and manipulate.</p><p>As far as the US dollar is concerned, this data is called \"Currency in Circulation\", which I call CiC.</p><p>Here's an interpretation of the main composition of the Fed's debt side.</p><p>On the asset side of the Federal Reserve, it is a question of what it uses to print money; On the liability side of the Federal Reserve, it is a question of which accounts the money it prints eventually flows to.</p><p>According to the balance sheet of the Federal Reserve, at present, the liability side of the Federal Reserve is mainly composed of four parts:</p><p><b>1) Bank reserves:</b>Including the statutory reserves and excess reserves of banks, the statutory reserve ratio in the United States is very low. However, since the global financial crisis in 2008, the amount of excess reserves deposited by major banks in the accounts of the Federal Reserve has increased rapidly, and it is currently the debt of the Federal Reserve. The largest item on the side is that the money belongs to major banks, but it is placed in the reserve account of the Federal Reserve and has not circulated to the society.</p><p><b>2) Federal government accounts:</b>There is nothing to say about this. It is the account opened by the U.S. Treasury Department in the Federal Reserve, commonly known as the \"TGA (Treasury General Account)\". The funds shown here have been deposited in the Federal Reserve account and have not been circulated to the society. If the U.S. government spends it, the account amount will be reduced, that is, it will be circulated to the society.</p><p><b>3) The Federal Reserve's reverse repurchase account funds:</b>This is a tool used by the Federal Reserve to adjust the tightness of credit in the financial market in the short term. It is just the opposite of the reverse repurchase of the People's Bank of China. The reverse repurchase of the Federal Reserve is a move to recover market funds. The funds in it are also deposited in the account of the Federal Reserve, not money circulating in society. All along, the funds in the reverse repurchase account are not worth mentioning. However, since the global financial crisis in 2008, in order to recover excessive liquidity in the financial market, the scale of reverse repurchase has grown rapidly; Since April 2020, the size of this account has soared to a huge amount, becoming one of the most important liabilities of the Federal Reserve.</p><p><b>4) Currency in circulation:</b>There is nothing to say about this, that is, the sum of all account funds currently opened in Federal Reserve member banks (almost all large and medium-sized banks in the United States are Federal Reserve member banks) is the money that really circulates in American society.</p><p>Except during the 2008 financial crisis and other rare times, the sum of these four accounts accounted for more than 90% of the total debt of the Federal Reserve, and currently accounted for 96%. It is through the balance of these four accounts that the Federal Reserve adjusts and changes the total amount of money circulating in American society, thus affecting the inflation situation of the whole society.</p><p>Comparing the annualized growth rate of CiC in the past 20 years with the CPI inflation 12 months later, in addition to seeing that the growth rate of CiC is highly correlated with inflation, it is also clear that the Fed's operating ideas are clearly seen.</p><p>The adjustment idea is very simple:</p><p><b>If the inflation rate is at a high and rising stage, try our best to reduce the growth rate of currency in circulation;</b></p><p><b>When the inflation rate is low and declining, we will try our best to increase the growth rate of currency in circulation.</b></p><p>After the outbreak of the \"9/11 Incident\" in 2001, the Federal Reserve aggressively increased the amount of money in circulation. As a result, since the end of 2002, the CPI inflation in the United States began to rise and exceeded 2% and remained above 2%. Subsequently, the Federal Reserve took a series of measures to recover some liquidity in the market, and as long as the market inflation rate was high, the growth rate of CiC kept it low.</p><p>By the beginning of 2008, the annualized growth rate of money in circulation had dropped to a level close to zero. Soon after, the global financial crisis triggered by the subprime mortgage crisis broke out, and the inflation level dropped sharply. The Federal Reserve immediately chose to print money crazily (QE1). Under the manipulation of the Federal Reserve, since the end of 2008, the growth rate of currency in circulation has skyrocketed. Since mid-2009, the inflation level in the United States has also skyrocketed from a low level and returned to over 2%.</p><p>Then, the Federal Reserve chose to stop QE1. As a result, the growth rate of CiC quickly plummeted. The Federal Reserve had to start QE2, allowing the growth rate of CiC to skyrocket again, thus keeping the inflation rate in the United States above 2%.</p><p>When the inflation rate in the United States remained at 1%-2%, the Federal Reserve believed that the monetary target had been achieved, so it controlled the growth rate of CiC to slowly decline. This process continued until September 2019, and basically maintained low CiC growth since then. However, with the outbreak of global COVID-19 pandemic in March 2020, the U.S. inflation rate is at risk of a sharp decline. The Federal Reserve immediately launched unlimited QE and printed money frantically, causing the growth rate of CiC to continue to skyrocket to a historical high of nearly 17%...</p><p>In March this year, the inflation rate in the United States rose rapidly again. Although QE was still continuing, the Federal Reserve began to reduce the annualized growth rate of CiC from a high of nearly 17%.</p><p>Observing the changes in the Fed's liabilities in the past year and a half, we can clearly discover the Fed's thinking of manipulating the CiC growth rate:</p><p>First, through unlimited QE money printing, the size of the balance sheet soared by more than 80%; But at the same time, in order to avoid the confusion of the capital market and social value system that may be caused by the direct doubling of currency in the market, the scale of reserves and reverse repurchase began to skyrocket: the reserve account increased at a rate of more than 100%, while the growth rate of reverse repurchase account was also close to 100%. As for the U.S. Treasury account, because the federal government has to deal with the crazy money throwing in the future, its growth rate is more than 1,000%...</p><p>Under these three major increases, although the growth rate of money circulating in the society has reached the highest level in history, it only exceeds 10%, thus ensuring that the scale of dollars circulating in the whole society increases in a relatively normal range, so as not to subvert the dollar value base of the whole society.</p><p>This process continued until March 2021. As the inflation data in the United States \"rapidly exceeded the standard\", the Federal Reserve began to rapidly reduce the growth rate of CiC, and the method was to quickly reduce the growth rate of reserves. In addition, as all the money from the U.S. Treasury Department is distributed to people and enterprises by the government, the account quota of the Treasury Department has slowed down by more than 50%. In order to offset this impact, the Federal Reserve vigorously launched the reverse repurchase account, and the growth rate of the reverse repurchase account quota exceeded 500%...</p><p>Under this series of large-scale operations, the annualized growth rate of CiC began to gradually decrease, and it has now dropped to less than 10%, moving towards the level of \"normalization\".</p><p>Obviously, no matter how drastically the total balance sheet size, reserves, reverse repurchases, or the amount of government accounts (which are controlled by the U.S. Treasury Department, not the Federal Reserve), the policy goal of the Federal Reserve is to always keep money in circulation in society. of<b>\"Steady growth\"</b>--On the basis of steady growth, adjust its growth rate according to the level of inflation, and then manipulate future inflation.</p><p>This is the overall idea of the Fed manipulating dollar inflation.</p><p>In the past, I have written articles to inform everyone about the manipulation of inflation data by government statistics departments in various countries, but inflation manipulation is not only a matter for statistics bureaus alone, but also for central banks including the Federal Reserve<b>Priority</b>。</p><p>In fact, just in June 2020, with the skyrocketing growth rate of CiC, according to historical laws, the Federal Reserve was already very clear that inflation in the United States in the second quarter of 2021 would inevitably \"greatly exceed the standard\", so it proposed the so-called<b>\"Average inflation targeting\"</b>, they just are not sure how far this \"exceeding the standard\" can be exceeded.</p><p>At present, large-scale QE has become the \"normal operation\" of the Federal Reserve, and it has been superimposed on drastic changes in the U.S. government account quota. At this time, the reserve account and reverse repurchase account of the Federal Reserve are like super buffers to absorb drastic changes in the amount of dollar money. It is conceivable that these two accounts will continue to play this role in the coming year and serve as the gripper for the Fed to manipulate inflation.</p><p>Furthermore, why Powell has always vowed that even if there is inflation, the Fed will have a way to deal with it is actually his confidence in adjusting the reserve account and reverse repurchase account.</p><p>As a result, someone asked, saying that the growth rate of CiC has rapidly dropped below 10%, beginning to align with the average level of the past 10 years, and the Federal Reserve has also vowed that it can cope with inflation-</p><p>So, is inflation in the United States really temporary now, like it was after QE in 2008?</p><p>Although this is another problem, to be honest, I personally feel that the result may not be what the Fed claims. Because the current and future global economic situation is completely different from that after 2008. In previous articles, I have emphasized many times that this round of inflation is likely to continue.</p><p>Consider that in mid-2002, the annualized growth rate of CiC only exceeded 10% for a very short period of time, but for more than 5 years after that, the inflation rate in the United States exceeded 3% half the time...</p><p>After the crazy money printing so far in 2020, the severity of global inflation this time is likely to be greater than that of 20 years ago. After all, inflation is affected by too many internal and external factors, unlike the Fed's account, you can play it however you want.</p>","source":"wqqq","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>How is the Fed manipulating global inflation?</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\">\nHow is the Fed manipulating global inflation?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">财主家的余粮</strong><span class=\"h-time small\">2021-08-27 10:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p>According to the rate at which prices are rising, people usually divide inflation into the following levels:</p><p><b>creeping inflation (1% ~ 3% annual price increase);</b></p><p><b>moderate inflation (3% ~ 6% annual price increase);</b></p><p><b>raging inflation (6% ~ 9% annual price increase);</b></p><p><b>galloping inflation (galloping inflation, price increases of 10% ~ 50% every year);</b></p><p><b>hyper-inflation, where prices rise by more than 50% every year.</b></p><p>By studying the monetary history of the United States for nearly a hundred years from 1867 to 1960, Friedman came to a firm conclusion about inflation:</p><p><b>\"Inflation, at any time and anywhere, is a monetary phenomenon\".</b></p><p>Furthermore, according to Friedman's research, except hyperinflation, inflation usually occurs 12-24 months after the issuance of additional currency, and its duration is usually longer than 24 months.</p><p>Therefore, how to manipulate inflation, to put it bluntly, is to manipulate the issuance of currency, which is the central bank's business.</p><p><img src=\"https://static.tigerbbs.com/9c98d63d291d237f8950be12f1a0750f\" tg-width=\"1080\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>Some people stare at the changes of the central bank's balance sheet to judge the trend of inflation-because the size of the central bank's balance sheet indeed represents the total size of the central bank's money printing, and the size of the balance sheet is completely under the control of the central bank.</p><p>There is really nothing wrong with this idea. Unfortunately, the reality is very skinny. Apart from seeing that the central bank's balance sheet has been increasing and inflation has been continuing, you can hardly see the relationship between changes in inflation and changes in the size of the central bank's balance sheet.</p><p>For example, since 2008, we can observe the size of the balance sheet of the Federal Reserve. After the periodic surge, we can indeed observe that inflation also soared in periods one year later, but most of the time inflation has an impact on the balance sheet. There is little response to changes in sheet size.</p><p><img src=\"https://static.tigerbbs.com/b661b875fd52225ff055b573bda9d7bc\" tg-width=\"864\" tg-height=\"420\" referrerpolicy=\"no-referrer\"></p><p>The size of central bank balance sheets in other major global economies, including Europe, China and Japan, has less to do with inflation.</p><p>Some people stare at the rate of change of broad money, because the definition of broad money does include all the money and credit derived from the base money in a society, which represents the ability of the whole society to pay.</p><p>Take the growth rate of US dollar M2 again to observe the relationship between broad money and inflation.</p><p><img src=\"https://static.tigerbbs.com/4566cd8037455a6e2d0f324863cab858\" tg-width=\"864\" tg-height=\"441\" referrerpolicy=\"no-referrer\"></p><p>The relationship between M2 growth rate and inflation is better than the change of asset size, but there is still no pattern overall.</p><p>More importantly, no matter in the United States or China, broad money mainly comes from the expansion of social credit. Although the central bank can affect its expansion speed by cutting interest rates and printing money in rate hike, it is not completely under the control of the central bank after all. To a large extent, it is affected by the economic environment, and the central bank must choose a data that it can completely control and manipulate.</p><p>As far as the US dollar is concerned, this data is called \"Currency in Circulation\", which I call CiC.</p><p>Here's an interpretation of the main composition of the Fed's debt side.</p><p>On the asset side of the Federal Reserve, it is a question of what it uses to print money; On the liability side of the Federal Reserve, it is a question of which accounts the money it prints eventually flows to.</p><p>According to the balance sheet of the Federal Reserve, at present, the liability side of the Federal Reserve is mainly composed of four parts:</p><p><b>1) Bank reserves:</b>Including the statutory reserves and excess reserves of banks, the statutory reserve ratio in the United States is very low. However, since the global financial crisis in 2008, the amount of excess reserves deposited by major banks in the accounts of the Federal Reserve has increased rapidly, and it is currently the debt of the Federal Reserve. The largest item on the side is that the money belongs to major banks, but it is placed in the reserve account of the Federal Reserve and has not circulated to the society.</p><p><b>2) Federal government accounts:</b>There is nothing to say about this. It is the account opened by the U.S. Treasury Department in the Federal Reserve, commonly known as the \"TGA (Treasury General Account)\". The funds shown here have been deposited in the Federal Reserve account and have not been circulated to the society. If the U.S. government spends it, the account amount will be reduced, that is, it will be circulated to the society.</p><p><b>3) The Federal Reserve's reverse repurchase account funds:</b>This is a tool used by the Federal Reserve to adjust the tightness of credit in the financial market in the short term. It is just the opposite of the reverse repurchase of the People's Bank of China. The reverse repurchase of the Federal Reserve is a move to recover market funds. The funds in it are also deposited in the account of the Federal Reserve, not money circulating in society. All along, the funds in the reverse repurchase account are not worth mentioning. However, since the global financial crisis in 2008, in order to recover excessive liquidity in the financial market, the scale of reverse repurchase has grown rapidly; Since April 2020, the size of this account has soared to a huge amount, becoming one of the most important liabilities of the Federal Reserve.</p><p><b>4) Currency in circulation:</b>There is nothing to say about this, that is, the sum of all account funds currently opened in Federal Reserve member banks (almost all large and medium-sized banks in the United States are Federal Reserve member banks) is the money that really circulates in American society.</p><p>Except during the 2008 financial crisis and other rare times, the sum of these four accounts accounted for more than 90% of the total debt of the Federal Reserve, and currently accounted for 96%. It is through the balance of these four accounts that the Federal Reserve adjusts and changes the total amount of money circulating in American society, thus affecting the inflation situation of the whole society.</p><p>Comparing the annualized growth rate of CiC in the past 20 years with the CPI inflation 12 months later, in addition to seeing that the growth rate of CiC is highly correlated with inflation, it is also clear that the Fed's operating ideas are clearly seen.</p><p>The adjustment idea is very simple:</p><p><b>If the inflation rate is at a high and rising stage, try our best to reduce the growth rate of currency in circulation;</b></p><p><b>When the inflation rate is low and declining, we will try our best to increase the growth rate of currency in circulation.</b></p><p>After the outbreak of the \"9/11 Incident\" in 2001, the Federal Reserve aggressively increased the amount of money in circulation. As a result, since the end of 2002, the CPI inflation in the United States began to rise and exceeded 2% and remained above 2%. Subsequently, the Federal Reserve took a series of measures to recover some liquidity in the market, and as long as the market inflation rate was high, the growth rate of CiC kept it low.</p><p>By the beginning of 2008, the annualized growth rate of money in circulation had dropped to a level close to zero. Soon after, the global financial crisis triggered by the subprime mortgage crisis broke out, and the inflation level dropped sharply. The Federal Reserve immediately chose to print money crazily (QE1). Under the manipulation of the Federal Reserve, since the end of 2008, the growth rate of currency in circulation has skyrocketed. Since mid-2009, the inflation level in the United States has also skyrocketed from a low level and returned to over 2%.</p><p>Then, the Federal Reserve chose to stop QE1. As a result, the growth rate of CiC quickly plummeted. The Federal Reserve had to start QE2, allowing the growth rate of CiC to skyrocket again, thus keeping the inflation rate in the United States above 2%.</p><p>When the inflation rate in the United States remained at 1%-2%, the Federal Reserve believed that the monetary target had been achieved, so it controlled the growth rate of CiC to slowly decline. This process continued until September 2019, and basically maintained low CiC growth since then. However, with the outbreak of global COVID-19 pandemic in March 2020, the U.S. inflation rate is at risk of a sharp decline. The Federal Reserve immediately launched unlimited QE and printed money frantically, causing the growth rate of CiC to continue to skyrocket to a historical high of nearly 17%...</p><p>In March this year, the inflation rate in the United States rose rapidly again. Although QE was still continuing, the Federal Reserve began to reduce the annualized growth rate of CiC from a high of nearly 17%.</p><p>Observing the changes in the Fed's liabilities in the past year and a half, we can clearly discover the Fed's thinking of manipulating the CiC growth rate:</p><p>First, through unlimited QE money printing, the size of the balance sheet soared by more than 80%; But at the same time, in order to avoid the confusion of the capital market and social value system that may be caused by the direct doubling of currency in the market, the scale of reserves and reverse repurchase began to skyrocket: the reserve account increased at a rate of more than 100%, while the growth rate of reverse repurchase account was also close to 100%. As for the U.S. Treasury account, because the federal government has to deal with the crazy money throwing in the future, its growth rate is more than 1,000%...</p><p>Under these three major increases, although the growth rate of money circulating in the society has reached the highest level in history, it only exceeds 10%, thus ensuring that the scale of dollars circulating in the whole society increases in a relatively normal range, so as not to subvert the dollar value base of the whole society.</p><p>This process continued until March 2021. As the inflation data in the United States \"rapidly exceeded the standard\", the Federal Reserve began to rapidly reduce the growth rate of CiC, and the method was to quickly reduce the growth rate of reserves. In addition, as all the money from the U.S. Treasury Department is distributed to people and enterprises by the government, the account quota of the Treasury Department has slowed down by more than 50%. In order to offset this impact, the Federal Reserve vigorously launched the reverse repurchase account, and the growth rate of the reverse repurchase account quota exceeded 500%...</p><p>Under this series of large-scale operations, the annualized growth rate of CiC began to gradually decrease, and it has now dropped to less than 10%, moving towards the level of \"normalization\".</p><p>Obviously, no matter how drastically the total balance sheet size, reserves, reverse repurchases, or the amount of government accounts (which are controlled by the U.S. Treasury Department, not the Federal Reserve), the policy goal of the Federal Reserve is to always keep money in circulation in society. of<b>\"Steady growth\"</b>--On the basis of steady growth, adjust its growth rate according to the level of inflation, and then manipulate future inflation.</p><p>This is the overall idea of the Fed manipulating dollar inflation.</p><p>In the past, I have written articles to inform everyone about the manipulation of inflation data by government statistics departments in various countries, but inflation manipulation is not only a matter for statistics bureaus alone, but also for central banks including the Federal Reserve<b>Priority</b>。</p><p>In fact, just in June 2020, with the skyrocketing growth rate of CiC, according to historical laws, the Federal Reserve was already very clear that inflation in the United States in the second quarter of 2021 would inevitably \"greatly exceed the standard\", so it proposed the so-called<b>\"Average inflation targeting\"</b>, they just are not sure how far this \"exceeding the standard\" can be exceeded.</p><p>At present, large-scale QE has become the \"normal operation\" of the Federal Reserve, and it has been superimposed on drastic changes in the U.S. government account quota. At this time, the reserve account and reverse repurchase account of the Federal Reserve are like super buffers to absorb drastic changes in the amount of dollar money. It is conceivable that these two accounts will continue to play this role in the coming year and serve as the gripper for the Fed to manipulate inflation.</p><p>Furthermore, why Powell has always vowed that even if there is inflation, the Fed will have a way to deal with it is actually his confidence in adjusting the reserve account and reverse repurchase account.</p><p>As a result, someone asked, saying that the growth rate of CiC has rapidly dropped below 10%, beginning to align with the average level of the past 10 years, and the Federal Reserve has also vowed that it can cope with inflation-</p><p>So, is inflation in the United States really temporary now, like it was after QE in 2008?</p><p>Although this is another problem, to be honest, I personally feel that the result may not be what the Fed claims. Because the current and future global economic situation is completely different from that after 2008. In previous articles, I have emphasized many times that this round of inflation is likely to continue.</p><p>Consider that in mid-2002, the annualized growth rate of CiC only exceeded 10% for a very short period of time, but for more than 5 years after that, the inflation rate in the United States exceeded 3% half the time...</p><p>After the crazy money printing so far in 2020, the severity of global inflation this time is likely to be greater than that of 20 years ago. After all, inflation is affected by too many internal and external factors, unlike the Fed's account, you can play it however you want.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/j-I4SnKxJHxF3XljSZHIKg\">财主家的余粮</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/0f9e9a265cb0e7e8cb195039b2fe24a4","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite","OEX":"标普100","SH":"做空标普500-Proshares","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF","DOG":"道指ETF-ProShares做空","IVV":"标普500ETF-iShares",".SPX":"S&P 500 Index","SSO":"2倍做多标普500ETF-ProShares",".DJI":"道琼斯","QID":"两倍做空纳斯达克指数ETF-ProShares","DDM":"2倍做多道指ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares","SPY":"标普500ETF"},"source_url":"https://mp.weixin.qq.com/s/j-I4SnKxJHxF3XljSZHIKg","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187114664","content_text":"按照价格上升的速度，人们通常将通货膨胀划分为以下几个级别：\n爬行通货膨胀(creeping inflation, 每年物价上升1%~3%);\n温和通货膨胀(moderate inflation, 每年物价上升3%~6%);\n严重通货膨胀(raging inflation, 每年物价上升6%~9%);\n急剧通货膨胀(galloping inflation, 每年物价上升10%~50%);\n超级通货膨胀(hyper-inflation, 每年物价上升50%以上)。\n通过研究美国1867-1960年之间近百年的货币史，关于通货膨胀，弗里德曼得出来了一个斩钉截铁的结论：\n“通货膨胀，在任何时间，在任何地点，都是一个货币现象”。\n进一步地，根据弗里德曼的研究，除了超级通货膨胀之外，通货膨胀的发生，通常都发生在货币增发之后的12-24个月，而且持续时间，通常比24个月更久。\n所以，如何操纵通胀，说白了就是操纵货币的发行，这是央行的事儿。\n\n有人盯着央行的资产负债表变动，以此来判断通胀的走势——因为，央行资产负债表规模，确确实实代表了央行印钞的总规模，而且资产负债表大小完完全全在央行的操控之下。\n这个思路的确没啥问题。可惜，现实却很骨感，除了能看到央行资产负债表一直在增加、而通胀也一直持续这两个共同点之外，你几乎看不到通货膨胀变化与央行资产负债表规模变化之间的关系。\n例如，自2008年以来，我们可以观察到美联储的资产负债表规模，在阶段性的暴涨过后，的确能观察到一年之后的通胀也阶段性暴涨之外，但绝大部分时间通胀对资产负债表规模的变化几乎没有反应。\n\n其他的全球主要经济体，包括欧洲、中国和日本，央行资产负债表规模与通胀的关系更小。\n有人盯着广义货币的变化速率，因为广义货币的定义，的确包含了一个社会上由基础货币所衍生出来的所有货币和信贷，代表着整个社会的支付能力。\n再次拿美元M2增速，来观察广义货币与通货膨胀的关系。\n\nM2增长率与通货膨胀的关系比资产规模变化好一些，但整体还是看不出来什么规律。\n更重要的是，无论美国还是中国，广义货币主要来自于社会信贷的扩张，央行固然可以通过加息降息印钞收钞来影响其扩张速度，但毕竟不是完全在央行的管控之下，其很大程度上，受到经济环境的影响，而央行必须选一个自己能够完全掌控和操纵的数据。\n就美元而言，这个数据叫“流通中的货币（Currency in Circulation）” ，我称之为CiC。\n这里解读一下美联储负债端的主要构成。\n美联储的资产端，是它拿什么来印钞的问题；而美联储的负债端，则是它所印的钱，最终都流向了哪些账户的问题。\n根据美联储的资产负债表，目前，美联储的负债端主要由4个部分构成：\n1）银行准备金：包括了银行的法定准备金和超额准备金，美国的法定准备金率很低，但是自2008年全球金融危机以来，各大银行存放在美联储账户上的超额准备金额度迅速增长，目前是美联储负债端第一大项，这些钱隶属于各大银行，但是放在美联储的准备金账户上，未流通到社会上。\n2）联邦政府账户：这个没什么好说的，就是美国财政部开在美联储的账户，俗称为“TGA（Treasury General Account）”，这里面所显示的资金，一直存放在美联储账户上，并未流通到社会上。如果美国政府花出去，账户额会降低，就是流通到了社会上。\n3）美联储的逆回购账户资金：这是美联储用于短期调节金融市场信用松紧的工具，和中国央行的逆回购正好相反，美联储逆回购是收回市场资金的举动，这里面的资金，也是存放在美联储的账户上，不是社会上流通的钱。一直以来，逆回购账户资金不值一提。但自2008年全球金融危机之后，为了收回金融市场上过多的流动性，逆回购规模快速增长；从2020年4月份开始，这个账户规模更是飙升至天量，成为美联储最主要的负债端之一。\n4）流通中的货币：这个没啥说的，就是目前开在美联储会员银行（美国几乎所有的大中型银行都是美联储的会员银行）所有账户资金总和，是真正流通在美国社会上的钱。\n除了2008年金融危机期间及其他极少数时间，这4个账户总和，占到美联储负债总规模的90%以上，目前占比是96%。美联储正是通过这4个账户的平衡，来调节和改变美国社会上所流通的货币总量，进而影响整个社会的通货膨胀情况。\n把过去20年里CiC的年化增长率与12个月后的CPI通胀进行对比，除了能看出来CiC的增长率与通胀相关性很高之外，也明显看出美联储的操作思路。\n调节思路非常简单：\n通胀率处于高位且上升阶段，就想方设法降低流通货币增长率；\n通胀率处于低位且下降阶段，就使劲儿增加流通货币的增长率。\n2001年“911事件”爆发之后，美联储大肆增加流通货币数量，由此导致从2002年底开始，美国的CPI通胀开始上升并突破2%并一直保持在2%以上。随后美联储就采取一系列措施，收回市场上的一部分流动性，而且只要市场通胀率位于高位，CiC的增长率就一直让其保持在低位。\n到了2008年初，流通货币的年化增长率已经降至接近于0的水平。此后不久，又爆发了由次贷危机引发的全球金融危机，通胀水平急剧下降，美联储立即选择了疯狂印钞（QE1）。在美联储的操纵之下，自2008年底开始，流通货币增长率暴涨，从2009年年中开始，美国通胀水平也从低位开始暴涨并回到了2%以上。\n然后，美联储选择了停止QE1，结果CiC的增长率很快暴跌，美联储不得不开启QE2，让CiC的增长率再度暴涨，由此才将美国的通胀率维持在2%以上。\n当美国的通胀率维持在1%-2%水平的时候，美联储认为已经达成了货币目标，于是控制CiC的增长率缓慢下降，这一过程一直持续到2019年9月份，此后基本维持CiC低位增长。但随着2020年3月份全球新冠疫情的爆发，美国通胀率有急剧下降风险，美联储立即启动了无限QE，疯狂印钞，让CiC的增长率持续暴涨到近17%的历史极高位……\n今年3月份，美国的通胀率再度迅速上升，虽然还在持续QE，但美联储就又开始着手降低CiC的年化增长率，将其从近17%的高位降下来。\n观察最近一年半来美联储的负债项变化，可以清晰地发现美联储操纵CiC增长率的思路：\n先是通过无限QE印钞，资产负债表规模暴涨了80%以上；但同时，为避免市场上货币直接翻倍可能导致的资本市场及社会价值体系混乱，准备金和逆回购规模开始暴涨：准备金账户以超过100%的速度增加，而逆回购账户的增长率也接近100%。至于美国财政部账户，因为联邦政府要应对未来的疯狂撒钱，其增长率更是超过1000%……\n在这三个大项增长之下，社会上流通的货币增长率尽管达到了有史以来的最高水平，但也仅仅是超过了10%，从而确保整个社会流通美元的规模在一个相对正常的范围增长，不至于颠覆整个社会的美元价值基础。\n这一过程一直持续到2021年3月份，随着美国的通胀数据的“迅速超标”，美联储开始火速降低CiC的增长率，办法就是快速降低准备金的增速。另外，随着美国财政部的钱都被政府发给民众和企业，财政部账户额度的降速更是超过了50%。为抵消这个影响，美联储又强力启动逆回购账户，逆回购账户额度增速超过了500%……\n在这一系列大手笔操作之下，CiC的年化增长率开始逐渐降低，目前已经降低到了10%以下，向着“正常化”的水平迈进。\n显然，不管资产负债表总规模、准备金、逆回购或者政府账户（这个受美国财政部控制，不是美联储说了算）的额度如何剧烈变化，美联储的政策目标，就是始终保持社会上流通货币的“稳定增长”——在稳定增长的基础上，根据通货膨胀的高低，调整其增长率，进而对未来通胀加以操控。\n这就是美联储操纵美元通货膨胀的整体思路。\n以前，我曾经写过文章，告知大家关于各国政府统计部门对于通胀数据的操纵，但通胀操纵这事儿，可不仅仅是统计局一家的事儿，更是包括美联储在内各国央行的首要任务。\n实际上，就在2020年6月，随着CiC增长率的暴涨，根据历史规律，美联储已经很清楚， 2021年二季度美国的通胀必然会 “大大超标”，所以才提出来了所谓的“平均通胀目标制”，他们只是不确定这个“超标”能够超到什么程度而已。\n目前，大规模QE变成了美联储的“正常操作”，而且叠加了美国政府账户额度的剧烈变化。此时，美联储的准备金账户和逆回购账户，就像是吸收美元货币量剧烈变化的超级缓冲器。可以想象的是，在未来一年内，这两个账户还将持续发挥这种作用，并成为美联储操纵通胀的抓手。\n进一步地，鲍威尔为什么一直信誓旦旦地说，即使出现了通胀，美联储也有办法进行应对，其实也是对于调节准备金账户和逆回购账户的自信。\n这么一来，有人就问了，说现在CiC增长率已经迅速降低到了10%以下，开始向过去10年的平均水平看齐，而且美联储也信誓旦旦地说能够应对通胀——\n那么，现在美国的通胀是不是就真的是暂时的，像2008年的QE之后一样？\n虽然说，这是另外一个问题，但老实说，我个人觉得，结果可能不是美联储所宣称的那样。因为现在以及未来的全球经济状况，与2008年之后完全不一样。在以往文章里，我也多次强调，这一轮的通胀，大概率会持续下去。\n想想看，2002年年中，CiC的年化增长率，只是在极短时期内超过了10%，但在此后5年多的时间里，美国的通胀率在一半时间里都超过了3%……\n2020年初迄今的疯狂印钞之后，这一次的全球通胀，其严重性大概率会超过20年前。毕竟，通胀这玩意儿，有太多的内部和外部因素影响，可不像美联储的账户一样，自己想怎么玩，就怎么玩。","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SDS":0.9,"IVV":0.9,"ESmain":0.9,"QQQ":0.9,"QID":0.9,"SQQQ":0.9,"SPY":0.9,"TQQQ":0.9,"SPXU":0.9,".DJI":0.9,".IXIC":0.9,"DDM":0.9,"OEX":0.9,".SPX":0.9,"DOG":0.9,"SH":0.9,"SSO":0.9}},"isVote":1,"tweetType":1,"viewCount":3283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835541296,"gmtCreate":1629728779915,"gmtModify":1676530114551,"author":{"id":"4088869543384780","authorId":"4088869543384780","name":"猫猫723","avatar":"https://static.tigerbbs.com/6c5060d3e47a8d4bf6b19697a47d2e33","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088869543384780","authorIdStr":"4088869543384780"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835541296","repostId":"1113035690","repostType":4,"repost":{"id":"1113035690","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629722832,"share":"https://ttm.financial/m/news/1113035690?lang=en_US&edition=fundamental","pubTime":"2021-08-23 20:47","market":"hk","language":"zh","title":"Tencent Holdings: Spending HK $101 million to buy back 230,000 shares today","url":"https://stock-news.laohu8.com/highlight/detail?id=1113035690","media":"老虎资讯综合","summary":"8月23日，腾讯控股发布公告：2021年8月23日耗资1.01亿港元回购23万股股票，回购价格每股432-443.8港元。","content":"<p>August 23,<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>Announcement: On August 23, 2021, it spent HK $101 million to repurchase 230,000 shares at a repurchase price of HK $432-443.8 per share.</p><p><img src=\"https://static.tigerbbs.com/4ca8261fa186aff7ebf9829f7f0feae2\" tg-width=\"1561\" tg-height=\"693\" referrerpolicy=\"no-referrer\"></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>Tencent Holdings: Spending HK $101 million to buy back 230,000 shares today</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{ 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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\">\nTencent Holdings: Spending HK $101 million to buy back 230,000 shares today\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-08-23 20:47</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>August 23,<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>Announcement: On August 23, 2021, it spent HK $101 million to repurchase 230,000 shares at a repurchase price of HK $432-443.8 per share.</p><p><img src=\"https://static.tigerbbs.com/4ca8261fa186aff7ebf9829f7f0feae2\" tg-width=\"1561\" tg-height=\"693\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e7799eeb7043b8caaf3d109c3b13109e","relate_stocks":{"00700":"腾讯控股","TCEHY":"腾讯控股ADR"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113035690","content_text":"8月23日，腾讯控股发布公告：2021年8月23日耗资1.01亿港元回购23万股股票，回购价格每股432-443.8港元。","news_type":1,"symbols_score_info":{"00700":0.9,"TCEHY":0.9}},"isVote":1,"tweetType":1,"viewCount":2464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831495517,"gmtCreate":1629339138439,"gmtModify":1676530007526,"author":{"id":"4088869543384780","authorId":"4088869543384780","name":"猫猫723","avatar":"https://static.tigerbbs.com/6c5060d3e47a8d4bf6b19697a47d2e33","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088869543384780","authorIdStr":"4088869543384780"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/831495517","repostId":"2160535027","repostType":4,"repost":{"id":"2160535027","kind":"highlight","pubTimestamp":1629331790,"share":"https://ttm.financial/m/news/2160535027?lang=en_US&edition=fundamental","pubTime":"2021-08-19 08:09","market":"hk","language":"zh","title":"The Federal Reserve's voting committee next year: QE will end in the first quarter of next year, and rate hike in the fourth quarter will be reasonable","url":"https://stock-news.laohu8.com/highlight/detail?id=2160535027","media":"华尔街见闻","summary":"圣路易斯联储主席布拉德表示，他倾向于美联储在2022年一季度完成减码QE的任务，2022年第四季度是开始加息的最“合乎逻辑的地方”。美国经济显然已经适应流行病疫情，德尔塔变异毒株的扩散可能并不会阻碍经济的适应能力","content":"<p>On Wednesday, next year's Federal Reserve FOMC voting committee and St. Louis Fed President Bullard said,<b>He favors the Fed to complete the task of reducing QE in the first quarter of 2022.</b>Thus allowing the Fed to continue to push forward and open the door to rate hike.<b>The fourth quarter of 2022 is by far the most \"logical place\" to start a rate hike.</b></p><p>Bullard said that when adjusting monetary policy, the Fed needs to consider the massive \"inflationary shock\" the U.S. economy has experienced.<b>Inflation in 2022 is likely to be higher than \"we are willing to admit\" levels, and U.S. inflation is expected to be above 2.5% in 2022, with the risk of further growth, which will force the Fed into anti-inflation mode.</b>Currently, companies have pricing power, and they are confident that they will pass on the increase in input prices to consumers.</p><p>Bullard said he opposes raising the Fed's inflation target to 3% from the current 2%. He believes this will lead to turmoil in financial markets. Earlier this week, several former Fed economists supported raising the inflation target to a higher level.</p><p>Bullard's view on inflation is more similar to market concerns about inflation and is inconsistent with Federal Reserve Chairman Jerome Powell's repeated reiteration that \"the continued rise in inflation in recent months is a temporary phenomenon.\"</p><p>For the labor market, Bullard expects to see the job market return to the level before the COVID-19 pandemic by March 2022. In fact, he doesn't see the need for the strength of the labor market to return to pre-pandemic levels.</p><p>Overall, Bullard said, the United States has made a lot of progress towards achieving the Federal Reserve (maintaining price stability and achieving full employment).<b>The U.S. economy has clearly adapted to the epidemic, and the spread of the Delta variant strain may not hinder the economy's ability to adapt.</b></p><p>Bullard is the representative of the Federal Reserve's \"dove-to-hawk\" on monetary policy issues. His stance was once dovish, but his current expectations for reducing QE and rate hike are significantly faster than the mainstream expectations of Wall Street. This week, the Wall Street Journal analyzed that the Federal Reserve has almost reached an agreement on reducing QE: it will begin reducing QE within about three months, and some officials are pushing for the end of asset purchases in the middle of next year.</p><p>The minutes of the Fed meeting released on the same day on Wednesday showed that at the July FOMC meeting, Fed officials explicitly discussed Taper for the first time since the epidemic, and the Fed hinted at action within this year. Most Fed policymakers believe that if the economic recovery is in line with expectations, it may be appropriate to start slowing down the pace of bond purchases this year. Some people believe that Taper may start in the next few months, while others believe that it should start early next year; Many people pointed out that when it is appropriate to slow down bond purchases, it is important for the FOMC to clearly confirm that there is no correlation between the Taper timing and the rate hike timing.</p><p>In fact, although the Federal Reserve has not officially announced the reduction of QE, investors have begun to make preparations. The sell-off of U.S. small-cap stocks and overseas stock markets is one of the market changes, but the U.S. stock market remains strong. According to CNBC, Jim Paulsen, chief investment strategist at Leuthold Group, said: \"(In fact) we have been in the tapering phase for several months, and the reaction in the market has been very obvious. The tapering started in March, and it has affected everything, the market has reacted the same way you think Taper will react.\"</p>","source":"wallstreetcn_api","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>The Federal Reserve's voting committee next year: QE will end in the first quarter of next year, and rate hike in the fourth quarter will be reasonable</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\">\nThe Federal Reserve's voting committee next year: QE will end in the first quarter of next year, and rate hike in the fourth quarter will be reasonable\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-08-19 08:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On Wednesday, next year's Federal Reserve FOMC voting committee and St. Louis Fed President Bullard said,<b>He favors the Fed to complete the task of reducing QE in the first quarter of 2022.</b>Thus allowing the Fed to continue to push forward and open the door to rate hike.<b>The fourth quarter of 2022 is by far the most \"logical place\" to start a rate hike.</b></p><p>Bullard said that when adjusting monetary policy, the Fed needs to consider the massive \"inflationary shock\" the U.S. economy has experienced.<b>Inflation in 2022 is likely to be higher than \"we are willing to admit\" levels, and U.S. inflation is expected to be above 2.5% in 2022, with the risk of further growth, which will force the Fed into anti-inflation mode.</b>Currently, companies have pricing power, and they are confident that they will pass on the increase in input prices to consumers.</p><p>Bullard said he opposes raising the Fed's inflation target to 3% from the current 2%. He believes this will lead to turmoil in financial markets. Earlier this week, several former Fed economists supported raising the inflation target to a higher level.</p><p>Bullard's view on inflation is more similar to market concerns about inflation and is inconsistent with Federal Reserve Chairman Jerome Powell's repeated reiteration that \"the continued rise in inflation in recent months is a temporary phenomenon.\"</p><p>For the labor market, Bullard expects to see the job market return to the level before the COVID-19 pandemic by March 2022. In fact, he doesn't see the need for the strength of the labor market to return to pre-pandemic levels.</p><p>Overall, Bullard said, the United States has made a lot of progress towards achieving the Federal Reserve (maintaining price stability and achieving full employment).<b>The U.S. economy has clearly adapted to the epidemic, and the spread of the Delta variant strain may not hinder the economy's ability to adapt.</b></p><p>Bullard is the representative of the Federal Reserve's \"dove-to-hawk\" on monetary policy issues. His stance was once dovish, but his current expectations for reducing QE and rate hike are significantly faster than the mainstream expectations of Wall Street. This week, the Wall Street Journal analyzed that the Federal Reserve has almost reached an agreement on reducing QE: it will begin reducing QE within about three months, and some officials are pushing for the end of asset purchases in the middle of next year.</p><p>The minutes of the Fed meeting released on the same day on Wednesday showed that at the July FOMC meeting, Fed officials explicitly discussed Taper for the first time since the epidemic, and the Fed hinted at action within this year. Most Fed policymakers believe that if the economic recovery is in line with expectations, it may be appropriate to start slowing down the pace of bond purchases this year. Some people believe that Taper may start in the next few months, while others believe that it should start early next year; Many people pointed out that when it is appropriate to slow down bond purchases, it is important for the FOMC to clearly confirm that there is no correlation between the Taper timing and the rate hike timing.</p><p>In fact, although the Federal Reserve has not officially announced the reduction of QE, investors have begun to make preparations. The sell-off of U.S. small-cap stocks and overseas stock markets is one of the market changes, but the U.S. stock market remains strong. According to CNBC, Jim Paulsen, chief investment strategist at Leuthold Group, said: \"(In fact) we have been in the tapering phase for several months, and the reaction in the market has been very obvious. The tapering started in March, and it has affected everything, the market has reacted the same way you think Taper will react.\"</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3638289\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e09a7b30204158feaaaf0f4efc19f31f","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SH":"做空标普500-Proshares","DXD":"两倍做空道琼30指数ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","DDM":"2倍做多道指ETF-ProShares","QLD":"2倍做多纳斯达克100指数ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","DOG":"道指ETF-ProShares做空","OEF":"标普100指数ETF-iShares","SDOW":"三倍做空道指30ETF-ProShares","SPY":"标普500ETF","TQQQ":"纳指三倍做多ETF","QID":"两倍做空纳斯达克指数ETF-ProShares","DJX":"1/100道琼斯",".DJI":"道琼斯","SDS":"两倍做空标普500 ETF-ProShares","OEX":"标普100","PSQ":"做空纳斯达克100指数ETF-ProShares","QQQ":"纳指100ETF","SQQQ":"纳指三倍做空ETF","IVV":"标普500ETF-iShares","UDOW":"三倍做多道指30ETF-ProShares"},"source_url":"https://wallstreetcn.com/articles/3638289","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160535027","content_text":"周三，明年美联储FOMC票委、圣路易斯联储主席布拉德表示，他倾向于美联储在2022年一季度完成减码QE的任务，从而允许美联储继续向前推进，打开加息的大门。到目前为止，2022年第四季度是开始加息的最“合乎逻辑的地方”。\n布拉德表示，在调整货币政策时，美联储需要考虑美国经济所经历的巨大“通胀冲击”。2022年的通胀率可能会高于“我们愿意承认的”水平，预计美国通胀将在2022年位于2.5%上方，并且有进一步增长的风险，这将迫使美联储进入抗通胀模式。目前，企业拥有定价权，他们有信心将投入品价格的上涨转嫁给消费者。\n布拉德表示，他反对将美联储的通胀目标从目前的2%上调至3%。他认为这将导致金融市场动荡。本周早些时候，几位前美联储经济学家支持将通胀目标提高到更高的水平。\n布拉德对通胀的观点更类似于市场上对通胀的担忧，与美联储主席鲍威尔不断重申的“最近几个月来通胀持续走高是暂时的现象”并不一致。\n对于劳动力市场，布拉德预计到2022年3月，将看到就业市场恢复至新冠疫情爆发之前的水平。事实上，他认为无需让劳动力市场的强劲程度恢复至疫情之前的水平。\n总体来看，布拉德说，美国已经朝着实现美联储（维持物价稳定和实现充分就业）取得大量进展。美国经济显然已经适应流行病疫情，德尔塔变异毒株的扩散可能并不会阻碍经济的适应能力。\n布拉德是美联储货币政策问题上“鸽转鹰”的代表。他一度立场偏鸽派，但当前对缩减QE和加息的预期，明显快于华尔街的主流预期。本周华尔街日报分析称，美联储内部就缩减QE近乎达成一致：将在大约三个月内开始缩减QE，一些官员推动在明年年中结束资产购买。\n周三同日公布的美联储会议纪要显示，7月FOMC会议上，美联储官员们疫情以来首次明确讨论Taper，美联储暗示今年内行动。多数美联储决策者认为，若经济复苏符合预期，可能适合今年开始放慢购债步伐，有人认为未来几个月可能开始Taper，还有人认为应明年初开始；多人指出，当适合减慢购债时，FOMC清晰确认Taper时点和加息时点之间毫无关联很重要。\n事实上，虽然美联储尚未正式宣布缩减QE，但投资者已经开始做了准备。美股小盘股和海外股市的抛售是市场变化之一，不过美股大盘仍保持强劲。据CNBC，Leuthold集团的首席投资策略师Jim Paulsen说：“（事实上）我们已经进入缩减购债阶段有几个月了，在市场上反应非常明显，缩减购债从3月份开始，它影响了一切，市场已有的反应和你认为Taper会产生的反应一样。”","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"IVV":0.9,"SH":0.9,"SQQQ":0.9,"QID":0.9,"UDOW":0.9,"NQmain":0.9,"SPY":0.9,"OEX":0.9,"OEF":0.9,".IXIC":0.9,"DOG":0.9,".DJI":0.9,"PSQ":0.9,"SSO":0.9,"ESmain":0.9,"SDOW":0.9,"DDM":0.9,"DJX":0.9,"QQQ":0.9,"MNQmain":0.9,"SPXU":0.9,"DXD":0.9,"QLD":0.9,"UPRO":0.9,"SDS":0.9,"TQQQ":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}