Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says

cnbc2021-06-11

KEY POINTS The U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008. Livermore Partners has noted that wages ...

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精彩评论

Jazling
2021-06-12
Jazling
Comment pls
- 11d76adf:
  nice
- tomatomashy:
  Ok
Ray19
2021-06-12
Ray19
Nooooooo
2572422d
2021-06-12
2572422d
Yup
JasLYJ
2021-06-12
JasLYJ
Hmmm…
koolgal
2021-06-12
koolgal
Time to look at Commodities stock? Please like and comment. Thanks
- gingy:
  which one to add?
- koolgal:
  I like Fortress Minerals because the price of iron ore has shot up to more than 200US per tonne. But the price is quite volatile
- gingy回复koolgal:
  thank u
- koolgal回复gingy:
  You are welcome
- 54a438:
  if china stop building, iron ore price will go south. but that will not happen in near future
JngJiaRong
2021-06-12
JngJiaRong
comment !!
- Jazling:
  Comment pls

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Real average hourly earnings, which account for inflation, were down 2.8% in May from the previous year.\n\nEuropean stocks are set to outperform the U.S. as inflation sticks around and commodities begin a new “supercycle,” according to Livermore Partners Chief Investment Officer David Neuhauser.\nTheU.S. consumer price index on Thursday showed a 5% jump in headline inflationin May from the previous year, its sharpest increase since 2008. Core inflation, which excludes volatile food and energy prices, also notched a 28-year high of 3.8%.\nWhilemarkets have broadly dismissedthe current red-hot inflation figures as transitory and fueled by short-term anomalous factors, Neuhauser argued that a more fundamental \"structural shift\" was taking place.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings in the U.S., which account for inflation, were down 2.8% in May from the previous year, according to theBureau of Labor Statistics.\n\"As you are seeing prices for automobiles, as prices for houses, as prices for food and energy go up, even though it looks like the economies are starting to boom, the real issue is you're not seeing wages grow as fast,\" Neuhauser told CNBC's \"Squawk Box Europe\" Friday.\n\"Thus ultimately that is going to start to pinch the consumer and as you know, the consumer is 70%-plus of the economy.\"\nIf inflation is indeed here to stay, as Livermore Partners anticipates, Neuhauser suggested this will cause troubles down the line and will cause the Federal Reserve to apply the brakes to its accommodative monetary policy.\nWage growth sluggish\nNeuhauser pointed to McDonald's and Chipotle as examples of companies that have begun to incur substantial and rising input costs while struggling to attract workers in the wake of the pandemic, leading them to offer bonuses and focus on wage growth.\n\"That is ultimately going to increase the price of their goods and services which will of course increase the prices to consumers,\" he added.\nThis could cause problems if these trends combine with the potential tapering of the Fed's unprecedented bond-buying program, Neuhauser suggested.\n“That is going to have the potential at least to start to rerate markets, which look extremely frothy. Ultimately, that is what you have to focus on as an investor,” he said.\n“You have to look at the numbers and you can push them off to the side, but you can’t do that if you start to see more consistent hotter numbers running forward.”\nCommodities ‘supercycle’\nNeuhauser’s fund is now largely focused on commodities, banks and industrials, as he believes commodities are in the start of a new “supercycle” — a decades-long period in which commodity prices remain above long-term trends.\n“We have seen (fewer) mines being built, we have seen oil and gas see capex (capital expenditure) being pulled away as banks aren’t lending anymore, you are seeing ESG initiatives make front and center stage when it comes to board meetings,” he said.\n“I think there has been this structural shift where you have not seen capital, capital has been starved to the complex and ultimately you have a dollar that is looking to potentially fall apart.”\nThis shift means commodities are the place to be for investors over the next three to five years, he argued.\n“We are playing that in terms of some of the smaller cap free cash flow or cash flow businesses out there,” he said.\n“A lot of it is in Europe and a lot of it is international, so I think Europe is going to outperform the U.S. as we go forward and that is where most of our capital is actually at Livermore, in a lot of these European stocks tied to mining.”","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":186500129,"gmtCreate":1623506849361,"gmtModify":1634032274908,"author":{"id":"3566821013640470","authorId":"3566821013640470","name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3566821013640470","authorIdStr":"3566821013640470"},"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/186500129","repostId":1196090491,"repostType":4,"repost":{"id":"1196090491","kind":"news","pubTimestamp":1623418568,"share":"https://www.laohu8.com/m/news/1196090491?lang=&edition=full","pubTime":"2021-06-11 21:36","market":"us","language":"en","title":"Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1196090491","media":"cnbc","summary":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May ","content":"<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Real average hourly earnings, which account for inflation, were down 2.8% in May from the previous year.\n\nEuropean stocks are set to outperform the U.S. as inflation sticks around and commodities begin a new “supercycle,” according to Livermore Partners Chief Investment Officer David Neuhauser.\nTheU.S. consumer price index on Thursday showed a 5% jump in headline inflationin May from the previous year, its sharpest increase since 2008. Core inflation, which excludes volatile food and energy prices, also notched a 28-year high of 3.8%.\nWhilemarkets have broadly dismissedthe current red-hot inflation figures as transitory and fueled by short-term anomalous factors, Neuhauser argued that a more fundamental \"structural shift\" was taking place.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings in the U.S., which account for inflation, were down 2.8% in May from the previous year, according to theBureau of Labor Statistics.\n\"As you are seeing prices for automobiles, as prices for houses, as prices for food and energy go up, even though it looks like the economies are starting to boom, the real issue is you're not seeing wages grow as fast,\" Neuhauser told CNBC's \"Squawk Box Europe\" Friday.\n\"Thus ultimately that is going to start to pinch the consumer and as you know, the consumer is 70%-plus of the economy.\"\nIf inflation is indeed here to stay, as Livermore Partners anticipates, Neuhauser suggested this will cause troubles down the line and will cause the Federal Reserve to apply the brakes to its accommodative monetary policy.\nWage growth sluggish\nNeuhauser pointed to McDonald's and Chipotle as examples of companies that have begun to incur substantial and rising input costs while struggling to attract workers in the wake of the pandemic, leading them to offer bonuses and focus on wage growth.\n\"That is ultimately going to increase the price of their goods and services which will of course increase the prices to consumers,\" he added.\nThis could cause problems if these trends combine with the potential tapering of the Fed's unprecedented bond-buying program, Neuhauser suggested.\n“That is going to have the potential at least to start to rerate markets, which look extremely frothy. Ultimately, that is what you have to focus on as an investor,” he said.\n“You have to look at the numbers and you can push them off to the side, but you can’t do that if you start to see more consistent hotter numbers running forward.”\nCommodities ‘supercycle’\nNeuhauser’s fund is now largely focused on commodities, banks and industrials, as he believes commodities are in the start of a new “supercycle” — a decades-long period in which commodity prices remain above long-term trends.\n“We have seen (fewer) mines being built, we have seen oil and gas see capex (capital expenditure) being pulled away as banks aren’t lending anymore, you are seeing ESG initiatives make front and center stage when it comes to board meetings,” he said.\n“I think there has been this structural shift where you have not seen capital, capital has been starved to the complex and ultimately you have a dollar that is looking to potentially fall apart.”\nThis shift means commodities are the place to be for investors over the next three to five years, he argued.\n“We are playing that in terms of some of the smaller cap free cash flow or cash flow businesses out there,” he said.\n“A lot of it is in Europe and a lot of it is international, so I think Europe is going to outperform the U.S. as we go forward and that is where most of our capital is actually at Livermore, in a lot of these European stocks tied to mining.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4714351,"gmtCreate":1623514850172,"gmtModify":1635325159554,"authorId":3562483301865399,"author":{"id":3562483301865399,"idStr":"3562483301865399","authorId":3562483301865399,"name":"11d76adf","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":186500129,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":4727549,"gmtCreate":1623573805202,"gmtModify":1635323926008,"authorId":3575037711303784,"author":{"id":3575037711303784,"idStr":"3575037711303784","authorId":3575037711303784,"name":"tomatomashy","avatar":"https://static.tigerbbs.com/b4ef93593819bb14a7f75712dc04c3a6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":186500129,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":186973730,"gmtCreate":1623471242120,"gmtModify":1634032688077,"author":{"id":"3581771143434296","authorId":"3581771143434296","name":"Ray19","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581771143434296","authorIdStr":"3581771143434296"},"htmlText":"Nooooooo","listText":"Nooooooo","text":"Nooooooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/186973730","repostId":1196090491,"repostType":4,"repost":{"id":"1196090491","kind":"news","pubTimestamp":1623418568,"share":"https://www.laohu8.com/m/news/1196090491?lang=&edition=full","pubTime":"2021-06-11 21:36","market":"us","language":"en","title":"Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1196090491","media":"cnbc","summary":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May ","content":"<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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 undergoing a ‘structural shift’ and these markets will benefit, strategist says</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; 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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 undergoing a ‘structural shift’ and these markets will benefit, strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">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.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1196090491","content_text":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings, which account for inflation, were down 2.8% in May from the previous year.\n\nEuropean stocks are set to outperform the U.S. as inflation sticks around and commodities begin a new “supercycle,” according to Livermore Partners Chief Investment Officer David Neuhauser.\nTheU.S. consumer price index on Thursday showed a 5% jump in headline inflationin May from the previous year, its sharpest increase since 2008. Core inflation, which excludes volatile food and energy prices, also notched a 28-year high of 3.8%.\nWhilemarkets have broadly dismissedthe current red-hot inflation figures as transitory and fueled by short-term anomalous factors, Neuhauser argued that a more fundamental \"structural shift\" was taking place.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings in the U.S., which account for inflation, were down 2.8% in May from the previous year, according to theBureau of Labor Statistics.\n\"As you are seeing prices for automobiles, as prices for houses, as prices for food and energy go up, even though it looks like the economies are starting to boom, the real issue is you're not seeing wages grow as fast,\" Neuhauser told CNBC's \"Squawk Box Europe\" Friday.\n\"Thus ultimately that is going to start to pinch the consumer and as you know, the consumer is 70%-plus of the economy.\"\nIf inflation is indeed here to stay, as Livermore Partners anticipates, Neuhauser suggested this will cause troubles down the line and will cause the Federal Reserve to apply the brakes to its accommodative monetary policy.\nWage growth sluggish\nNeuhauser pointed to McDonald's and Chipotle as examples of companies that have begun to incur substantial and rising input costs while struggling to attract workers in the wake of the pandemic, leading them to offer bonuses and focus on wage growth.\n\"That is ultimately going to increase the price of their goods and services which will of course increase the prices to consumers,\" he added.\nThis could cause problems if these trends combine with the potential tapering of the Fed's unprecedented bond-buying program, Neuhauser suggested.\n“That is going to have the potential at least to start to rerate markets, which look extremely frothy. Ultimately, that is what you have to focus on as an investor,” he said.\n“You have to look at the numbers and you can push them off to the side, but you can’t do that if you start to see more consistent hotter numbers running forward.”\nCommodities ‘supercycle’\nNeuhauser’s fund is now largely focused on commodities, banks and industrials, as he believes commodities are in the start of a new “supercycle” — a decades-long period in which commodity prices remain above long-term trends.\n“We have seen (fewer) mines being built, we have seen oil and gas see capex (capital expenditure) being pulled away as banks aren’t lending anymore, you are seeing ESG initiatives make front and center stage when it comes to board meetings,” he said.\n“I think there has been this structural shift where you have not seen capital, capital has been starved to the complex and ultimately you have a dollar that is looking to potentially fall apart.”\nThis shift means commodities are the place to be for investors over the next three to five years, he argued.\n“We are playing that in terms of some of the smaller cap free cash flow or cash flow businesses out there,” he said.\n“A lot of it is in Europe and a lot of it is international, so I think Europe is going to outperform the U.S. as we go forward and that is where most of our capital is actually at Livermore, in a lot of these European stocks tied to mining.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":188259724,"gmtCreate":1623451130068,"gmtModify":1634033128941,"author":{"id":"3575302420482909","authorId":"3575302420482909","name":"2572422d","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575302420482909","authorIdStr":"3575302420482909"},"htmlText":"Yup","listText":"Yup","text":"Yup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188259724","repostId":1196090491,"repostType":4,"repost":{"id":"1196090491","kind":"news","pubTimestamp":1623418568,"share":"https://www.laohu8.com/m/news/1196090491?lang=&edition=full","pubTime":"2021-06-11 21:36","market":"us","language":"en","title":"Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1196090491","media":"cnbc","summary":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May ","content":"<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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 undergoing a ‘structural shift’ and these markets will benefit, strategist says</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; 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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 undergoing a ‘structural shift’ and these markets will benefit, strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">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.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1196090491","content_text":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings, which account for inflation, were down 2.8% in May from the previous year.\n\nEuropean stocks are set to outperform the U.S. as inflation sticks around and commodities begin a new “supercycle,” according to Livermore Partners Chief Investment Officer David Neuhauser.\nTheU.S. consumer price index on Thursday showed a 5% jump in headline inflationin May from the previous year, its sharpest increase since 2008. Core inflation, which excludes volatile food and energy prices, also notched a 28-year high of 3.8%.\nWhilemarkets have broadly dismissedthe current red-hot inflation figures as transitory and fueled by short-term anomalous factors, Neuhauser argued that a more fundamental \"structural shift\" was taking place.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings in the U.S., which account for inflation, were down 2.8% in May from the previous year, according to theBureau of Labor Statistics.\n\"As you are seeing prices for automobiles, as prices for houses, as prices for food and energy go up, even though it looks like the economies are starting to boom, the real issue is you're not seeing wages grow as fast,\" Neuhauser told CNBC's \"Squawk Box Europe\" Friday.\n\"Thus ultimately that is going to start to pinch the consumer and as you know, the consumer is 70%-plus of the economy.\"\nIf inflation is indeed here to stay, as Livermore Partners anticipates, Neuhauser suggested this will cause troubles down the line and will cause the Federal Reserve to apply the brakes to its accommodative monetary policy.\nWage growth sluggish\nNeuhauser pointed to McDonald's and Chipotle as examples of companies that have begun to incur substantial and rising input costs while struggling to attract workers in the wake of the pandemic, leading them to offer bonuses and focus on wage growth.\n\"That is ultimately going to increase the price of their goods and services which will of course increase the prices to consumers,\" he added.\nThis could cause problems if these trends combine with the potential tapering of the Fed's unprecedented bond-buying program, Neuhauser suggested.\n“That is going to have the potential at least to start to rerate markets, which look extremely frothy. Ultimately, that is what you have to focus on as an investor,” he said.\n“You have to look at the numbers and you can push them off to the side, but you can’t do that if you start to see more consistent hotter numbers running forward.”\nCommodities ‘supercycle’\nNeuhauser’s fund is now largely focused on commodities, banks and industrials, as he believes commodities are in the start of a new “supercycle” — a decades-long period in which commodity prices remain above long-term trends.\n“We have seen (fewer) mines being built, we have seen oil and gas see capex (capital expenditure) being pulled away as banks aren’t lending anymore, you are seeing ESG initiatives make front and center stage when it comes to board meetings,” he said.\n“I think there has been this structural shift where you have not seen capital, capital has been starved to the complex and ultimately you have a dollar that is looking to potentially fall apart.”\nThis shift means commodities are the place to be for investors over the next three to five years, he argued.\n“We are playing that in terms of some of the smaller cap free cash flow or cash flow businesses out there,” he said.\n“A lot of it is in Europe and a lot of it is international, so I think Europe is going to outperform the U.S. as we go forward and that is where most of our capital is actually at Livermore, in a lot of these European stocks tied to mining.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":188228812,"gmtCreate":1623450565636,"gmtModify":1634033133761,"author":{"id":"3571433323459611","authorId":"3571433323459611","name":"JasLYJ","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3571433323459611","authorIdStr":"3571433323459611"},"htmlText":"Hmmm…","listText":"Hmmm…","text":"Hmmm…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188228812","repostId":1196090491,"repostType":4,"repost":{"id":"1196090491","kind":"news","pubTimestamp":1623418568,"share":"https://www.laohu8.com/m/news/1196090491?lang=&edition=full","pubTime":"2021-06-11 21:36","market":"us","language":"en","title":"Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1196090491","media":"cnbc","summary":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May ","content":"<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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 undergoing a ‘structural shift’ and these markets will benefit, strategist says</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; 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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 undergoing a ‘structural shift’ and these markets will benefit, strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">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.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1196090491","content_text":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings, which account for inflation, were down 2.8% in May from the previous year.\n\nEuropean stocks are set to outperform the U.S. as inflation sticks around and commodities begin a new “supercycle,” according to Livermore Partners Chief Investment Officer David Neuhauser.\nTheU.S. consumer price index on Thursday showed a 5% jump in headline inflationin May from the previous year, its sharpest increase since 2008. Core inflation, which excludes volatile food and energy prices, also notched a 28-year high of 3.8%.\nWhilemarkets have broadly dismissedthe current red-hot inflation figures as transitory and fueled by short-term anomalous factors, Neuhauser argued that a more fundamental \"structural shift\" was taking place.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings in the U.S., which account for inflation, were down 2.8% in May from the previous year, according to theBureau of Labor Statistics.\n\"As you are seeing prices for automobiles, as prices for houses, as prices for food and energy go up, even though it looks like the economies are starting to boom, the real issue is you're not seeing wages grow as fast,\" Neuhauser told CNBC's \"Squawk Box Europe\" Friday.\n\"Thus ultimately that is going to start to pinch the consumer and as you know, the consumer is 70%-plus of the economy.\"\nIf inflation is indeed here to stay, as Livermore Partners anticipates, Neuhauser suggested this will cause troubles down the line and will cause the Federal Reserve to apply the brakes to its accommodative monetary policy.\nWage growth sluggish\nNeuhauser pointed to McDonald's and Chipotle as examples of companies that have begun to incur substantial and rising input costs while struggling to attract workers in the wake of the pandemic, leading them to offer bonuses and focus on wage growth.\n\"That is ultimately going to increase the price of their goods and services which will of course increase the prices to consumers,\" he added.\nThis could cause problems if these trends combine with the potential tapering of the Fed's unprecedented bond-buying program, Neuhauser suggested.\n“That is going to have the potential at least to start to rerate markets, which look extremely frothy. Ultimately, that is what you have to focus on as an investor,” he said.\n“You have to look at the numbers and you can push them off to the side, but you can’t do that if you start to see more consistent hotter numbers running forward.”\nCommodities ‘supercycle’\nNeuhauser’s fund is now largely focused on commodities, banks and industrials, as he believes commodities are in the start of a new “supercycle” — a decades-long period in which commodity prices remain above long-term trends.\n“We have seen (fewer) mines being built, we have seen oil and gas see capex (capital expenditure) being pulled away as banks aren’t lending anymore, you are seeing ESG initiatives make front and center stage when it comes to board meetings,” he said.\n“I think there has been this structural shift where you have not seen capital, capital has been starved to the complex and ultimately you have a dollar that is looking to potentially fall apart.”\nThis shift means commodities are the place to be for investors over the next three to five years, he argued.\n“We are playing that in terms of some of the smaller cap free cash flow or cash flow businesses out there,” he said.\n“A lot of it is in Europe and a lot of it is international, so I think Europe is going to outperform the U.S. as we go forward and that is where most of our capital is actually at Livermore, in a lot of these European stocks tied to mining.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":188268653,"gmtCreate":1623449473272,"gmtModify":1631885484899,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"htmlText":"Time to look at Commodities stock?&nbsp; Please like and comment.&nbsp; Thanks&nbsp;","listText":"Time to look at Commodities stock?&nbsp; Please like and comment.&nbsp; Thanks&nbsp;","text":"Time to look at Commodities stock? Please like and comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":11,"repostSize":0,"link":"https://laohu8.com/post/188268653","repostId":1196090491,"repostType":4,"repost":{"id":"1196090491","kind":"news","pubTimestamp":1623418568,"share":"https://www.laohu8.com/m/news/1196090491?lang=&edition=full","pubTime":"2021-06-11 21:36","market":"us","language":"en","title":"Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1196090491","media":"cnbc","summary":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May ","content":"<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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 undergoing a ‘structural shift’ and these markets will benefit, strategist says</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; 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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 undergoing a ‘structural shift’ and these markets will benefit, strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">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.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1196090491","content_text":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings, which account for inflation, were down 2.8% in May from the previous year.\n\nEuropean stocks are set to outperform the U.S. as inflation sticks around and commodities begin a new “supercycle,” according to Livermore Partners Chief Investment Officer David Neuhauser.\nTheU.S. consumer price index on Thursday showed a 5% jump in headline inflationin May from the previous year, its sharpest increase since 2008. Core inflation, which excludes volatile food and energy prices, also notched a 28-year high of 3.8%.\nWhilemarkets have broadly dismissedthe current red-hot inflation figures as transitory and fueled by short-term anomalous factors, Neuhauser argued that a more fundamental \"structural shift\" was taking place.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings in the U.S., which account for inflation, were down 2.8% in May from the previous year, according to theBureau of Labor Statistics.\n\"As you are seeing prices for automobiles, as prices for houses, as prices for food and energy go up, even though it looks like the economies are starting to boom, the real issue is you're not seeing wages grow as fast,\" Neuhauser told CNBC's \"Squawk Box Europe\" Friday.\n\"Thus ultimately that is going to start to pinch the consumer and as you know, the consumer is 70%-plus of the economy.\"\nIf inflation is indeed here to stay, as Livermore Partners anticipates, Neuhauser suggested this will cause troubles down the line and will cause the Federal Reserve to apply the brakes to its accommodative monetary policy.\nWage growth sluggish\nNeuhauser pointed to McDonald's and Chipotle as examples of companies that have begun to incur substantial and rising input costs while struggling to attract workers in the wake of the pandemic, leading them to offer bonuses and focus on wage growth.\n\"That is ultimately going to increase the price of their goods and services which will of course increase the prices to consumers,\" he added.\nThis could cause problems if these trends combine with the potential tapering of the Fed's unprecedented bond-buying program, Neuhauser suggested.\n“That is going to have the potential at least to start to rerate markets, which look extremely frothy. Ultimately, that is what you have to focus on as an investor,” he said.\n“You have to look at the numbers and you can push them off to the side, but you can’t do that if you start to see more consistent hotter numbers running forward.”\nCommodities ‘supercycle’\nNeuhauser’s fund is now largely focused on commodities, banks and industrials, as he believes commodities are in the start of a new “supercycle” — a decades-long period in which commodity prices remain above long-term trends.\n“We have seen (fewer) mines being built, we have seen oil and gas see capex (capital expenditure) being pulled away as banks aren’t lending anymore, you are seeing ESG initiatives make front and center stage when it comes to board meetings,” he said.\n“I think there has been this structural shift where you have not seen capital, capital has been starved to the complex and ultimately you have a dollar that is looking to potentially fall apart.”\nThis shift means commodities are the place to be for investors over the next three to five years, he argued.\n“We are playing that in terms of some of the smaller cap free cash flow or cash flow businesses out there,” he said.\n“A lot of it is in Europe and a lot of it is international, so I think Europe is going to outperform the U.S. as we go forward and that is where most of our capital is actually at Livermore, in a lot of these European stocks tied to mining.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4698300,"gmtCreate":1623455631083,"gmtModify":1635326662542,"authorId":3583895447755437,"author":{"id":3583895447755437,"idStr":"3583895447755437","authorId":3583895447755437,"name":"gingy","avatar":"https://static.tigerbbs.com/29f400e3962b56b8602b0cd0dedf74e5","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":188268653,"type":1,"supId":0,"prevId":0,"content":"which one to add?","text":"which one to add?","html":"which one to add?"},{"id":4705236,"gmtCreate":1623472219593,"gmtModify":1635325969875,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":188268653,"type":1,"supId":4698300,"prevId":0,"content":"I like Fortress Minerals because the price of iron ore has shot up to more than 200US per tonne.&nbsp; But the price is quite <u>volatile</u>","text":"I like Fortress Minerals because the price of iron ore has shot up to more than 200US per tonne.&nbsp; But the price is quite <u>volatile</u>","html":"I like Fortress Minerals because the price of iron ore has shot up to more than 200US per tonne.&nbsp; But the price is quite <u>volatile</u>"},{"id":4705905,"gmtCreate":1623474339341,"gmtModify":1635325909052,"authorId":3583895447755437,"author":{"id":3583895447755437,"idStr":"3583895447755437","authorId":3583895447755437,"name":"gingy","avatar":"https://static.tigerbbs.com/29f400e3962b56b8602b0cd0dedf74e5","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3559581955535845,"repliedAuthor":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":188268653,"type":1,"supId":4698300,"prevId":4705236,"content":"thank <u>u</u>","text":"thank <u>u</u>","html":"thank <u>u</u>"},{"id":4706478,"gmtCreate":1623476088243,"gmtModify":1635325857462,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3583895447755437,"repliedAuthor":{"id":3583895447755437,"idStr":"3583895447755437","authorId":3583895447755437,"name":"gingy","avatar":"https://static.tigerbbs.com/29f400e3962b56b8602b0cd0dedf74e5","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":188268653,"type":1,"supId":4698300,"prevId":4705905,"content":"You are welcome","text":"You are welcome","html":"You are welcome"},{"id":4709257,"gmtCreate":1623486858970,"gmtModify":1635325607782,"authorId":3561934316298325,"author":{"id":3561934316298325,"idStr":"3561934316298325","authorId":3561934316298325,"name":"54a438","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":188268653,"type":1,"supId":0,"prevId":0,"content":"if china stop building, iron ore price will go south. but that will not happen in near <u>future</u>","text":"if china stop building, iron ore price will go south. but that will not happen in near <u>future</u>","html":"if china stop building, iron ore price will go south. but that will not happen in near <u>future</u>"}],"langContent":"EN"},{"id":188292580,"gmtCreate":1623442700040,"gmtModify":1634033166592,"author":{"id":"3584342589442845","authorId":"3584342589442845","name":"JngJiaRong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3584342589442845","authorIdStr":"3584342589442845"},"htmlText":"comment !!","listText":"comment !!","text":"comment !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/188292580","repostId":1196090491,"repostType":4,"repost":{"id":"1196090491","kind":"news","pubTimestamp":1623418568,"share":"https://www.laohu8.com/m/news/1196090491?lang=&edition=full","pubTime":"2021-06-11 21:36","market":"us","language":"en","title":"Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1196090491","media":"cnbc","summary":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May ","content":"<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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 undergoing a ‘structural shift’ and these markets will benefit, strategist says</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; 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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 undergoing a ‘structural shift’ and these markets will benefit, strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">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.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1196090491","content_text":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings, which account for inflation, were down 2.8% in May from the previous year.\n\nEuropean stocks are set to outperform the U.S. as inflation sticks around and commodities begin a new “supercycle,” according to Livermore Partners Chief Investment Officer David Neuhauser.\nTheU.S. consumer price index on Thursday showed a 5% jump in headline inflationin May from the previous year, its sharpest increase since 2008. Core inflation, which excludes volatile food and energy prices, also notched a 28-year high of 3.8%.\nWhilemarkets have broadly dismissedthe current red-hot inflation figures as transitory and fueled by short-term anomalous factors, Neuhauser argued that a more fundamental \"structural shift\" was taking place.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings in the U.S., which account for inflation, were down 2.8% in May from the previous year, according to theBureau of Labor Statistics.\n\"As you are seeing prices for automobiles, as prices for houses, as prices for food and energy go up, even though it looks like the economies are starting to boom, the real issue is you're not seeing wages grow as fast,\" Neuhauser told CNBC's \"Squawk Box Europe\" Friday.\n\"Thus ultimately that is going to start to pinch the consumer and as you know, the consumer is 70%-plus of the economy.\"\nIf inflation is indeed here to stay, as Livermore Partners anticipates, Neuhauser suggested this will cause troubles down the line and will cause the Federal Reserve to apply the brakes to its accommodative monetary policy.\nWage growth sluggish\nNeuhauser pointed to McDonald's and Chipotle as examples of companies that have begun to incur substantial and rising input costs while struggling to attract workers in the wake of the pandemic, leading them to offer bonuses and focus on wage growth.\n\"That is ultimately going to increase the price of their goods and services which will of course increase the prices to consumers,\" he added.\nThis could cause problems if these trends combine with the potential tapering of the Fed's unprecedented bond-buying program, Neuhauser suggested.\n“That is going to have the potential at least to start to rerate markets, which look extremely frothy. Ultimately, that is what you have to focus on as an investor,” he said.\n“You have to look at the numbers and you can push them off to the side, but you can’t do that if you start to see more consistent hotter numbers running forward.”\nCommodities ‘supercycle’\nNeuhauser’s fund is now largely focused on commodities, banks and industrials, as he believes commodities are in the start of a new “supercycle” — a decades-long period in which commodity prices remain above long-term trends.\n“We have seen (fewer) mines being built, we have seen oil and gas see capex (capital expenditure) being pulled away as banks aren’t lending anymore, you are seeing ESG initiatives make front and center stage when it comes to board meetings,” he said.\n“I think there has been this structural shift where you have not seen capital, capital has been starved to the complex and ultimately you have a dollar that is looking to potentially fall apart.”\nThis shift means commodities are the place to be for investors over the next three to five years, he argued.\n“We are playing that in terms of some of the smaller cap free cash flow or cash flow businesses out there,” he said.\n“A lot of it is in Europe and a lot of it is international, so I think Europe is going to outperform the U.S. as we go forward and that is where most of our capital is actually at Livermore, in a lot of these European stocks tied to mining.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4712797,"gmtCreate":1623506866963,"gmtModify":1635325297316,"authorId":3566821013640470,"author":{"id":3566821013640470,"idStr":"3566821013640470","authorId":3566821013640470,"name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":188292580,"type":1,"supId":0,"prevId":0,"content":"Comment pls","text":"Comment pls","html":"Comment pls"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":73,"commentSize":32,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1196090491"}