Inflation is rising but the reasons why are changing_老虎社区_美港股上老虎

Inflation is rising but the reasons why are changing

cnn2021-07-12

New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...

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146

在於我們是
·2021-07-12
Interesting!
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WKB
·2021-07-12
I hope the inflation is only a temporary phenomenon
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77663629
·2021-07-12
This month is crucial for DJI
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Nickystonks
·2021-07-12
Important week for US inflation data
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WildFoE
·2021-07-12
Pls help like n comment.
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2
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- HillaryV:
  Comment
  2021-07-12
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WilKoh
·2021-07-12
Like
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4
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Chris82
·2021-07-12
Latest
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4
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- KBchan:
  nice
  2021-07-12
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IAmThankful
·2021-07-12
Wow
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4
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- HillaryV:
  Comment
  2021-07-12
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ASMH
·2021-07-12
Good
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2
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TinyRabbit
·2021-07-12
A concern
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9
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- Jeffso:
  Pls like and comments, thanks
  2021-07-12
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EeHoe
·2021-07-12
hmmmmm
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2
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duhduhduh
·2021-07-12
No good!Please like and comment!
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6
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- TJW1991:
  k
  2021-07-12
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- Rteo:
  Totally
  2021-07-12
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StreetMoon
·2021-07-12
Inflation ,the only way to be rich is invest
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- EeHoe:
  yes
  2021-07-12
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- Nickystonks:
  yes sir
  2021-07-12
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Juliantotans
·2021-07-12
Wow
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5
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Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","article_id":"1176934613","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","pubTimestamp":1626048251,"sourceInfo":null,"weMediaInfo":null,"summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","collect":0,"end_time":0,"defaultTopTitle":"cnn.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"通货膨胀正在上升，但原因正在改变","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9},"content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":146603132,"gmtCreate":1626071887226,"gmtModify":1633930421828,"author":{"id":"3580638845558081","authorId":"3580638845558081","name":"在於我們是","avatar":"https://static.tigerbbs.com/400933d41d715fa2dc89a42f82e63f64","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3580638845558081","authorIdStr":"3580638845558081"},"htmlText":"Interesting!","listText":"Interesting!","text":"Interesting!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146603132","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":146392507,"gmtCreate":1626052767309,"gmtModify":1633930644945,"author":{"id":"3580984813011332","authorId":"3580984813011332","name":"WKB","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580984813011332","authorIdStr":"3580984813011332"},"htmlText":"I hope the inflation is only a temporary phenomenon&nbsp;","listText":"I hope the inflation is only a temporary phenomenon&nbsp;","text":"I hope the inflation is only a temporary phenomenon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146392507","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":146392322,"gmtCreate":1626052748766,"gmtModify":1633930645563,"author":{"id":"3585109808495850","authorId":"3585109808495850","name":"77663629","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585109808495850","authorIdStr":"3585109808495850"},"htmlText":"This month is crucial for DJI","listText":"This month is crucial for DJI","text":"This month is crucial for DJI","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146392322","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":146955130,"gmtCreate":1626051027420,"gmtModify":1633930681321,"author":{"id":"3581978054709801","authorId":"3581978054709801","name":"Nickystonks","avatar":"https://static.tigerbbs.com/9ea10f153b0e264f05c7d19fcc08cdee","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581978054709801","authorIdStr":"3581978054709801"},"htmlText":"Important week for US inflation data","listText":"Important week for US inflation data","text":"Important week for US inflation data","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146955130","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":146985383,"gmtCreate":1626049689042,"gmtModify":1631891114056,"author":{"id":"3582681863367126","authorId":"3582681863367126","name":"WildFoE","avatar":"https://static.tigerbbs.com/67af813b31febdb58805e26e317209f2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582681863367126","authorIdStr":"3582681863367126"},"htmlText":"Pls help like n comment.&nbsp;","listText":"Pls help like n comment.&nbsp;","text":"Pls help like n comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/146985383","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5191189,"gmtCreate":1626050407529,"gmtModify":1631891114057,"authorId":3566190997597521,"author":{"id":3566190997597521,"idStr":"3566190997597521","authorId":3566190997597521,"name":"HillaryV","avatar":"https://static.tigerbbs.com/a5e41a8432102fa946fee83eeb1384d7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146985383,"type":1,"supId":0,"prevId":0,"content":"Comment","text":"Comment","html":"Comment"}],"langContent":"EN"},{"id":146982036,"gmtCreate":1626049589325,"gmtModify":1633930711694,"author":{"id":"3581476554875043","authorId":"3581476554875043","name":"WilKoh","avatar":"https://static.tigerbbs.com/361eba2ae11ac6c3003fa8380c9f0705","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581476554875043","authorIdStr":"3581476554875043"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146982036","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":146917900,"gmtCreate":1626049240200,"gmtModify":1633930719232,"author":{"id":"3586564542180561","authorId":"3586564542180561","name":"Chris82","avatar":"https://static.tigerbbs.com/bd197088a3b1cbc3c139d97a5851a381","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3586564542180561","authorIdStr":"3586564542180561"},"htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/146917900","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5190976,"gmtCreate":1626049506708,"gmtModify":1635231660792,"authorId":3582453112692311,"author":{"id":3582453112692311,"idStr":"3582453112692311","authorId":3582453112692311,"name":"KBchan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146917900,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"EN"},{"id":146914740,"gmtCreate":1626049231180,"gmtModify":1633930719479,"author":{"id":"3572176137415007","authorId":"3572176137415007","name":"IAmThankful","avatar":"https://static.tigerbbs.com/70c6aad0b12d9421dbbed3a0b64ed057","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3572176137415007","authorIdStr":"3572176137415007"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/146914740","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5191194,"gmtCreate":1626050421341,"gmtModify":1635231637280,"authorId":3566190997597521,"author":{"id":3566190997597521,"idStr":"3566190997597521","authorId":3566190997597521,"name":"HillaryV","avatar":"https://static.tigerbbs.com/a5e41a8432102fa946fee83eeb1384d7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146914740,"type":1,"supId":0,"prevId":0,"content":"Comment","text":"Comment","html":"Comment"}],"langContent":"EN"},{"id":146914663,"gmtCreate":1626049225652,"gmtModify":1633930719954,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146914663","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":146918357,"gmtCreate":1626049034879,"gmtModify":1633930724166,"author":{"id":"3586854302245038","authorId":"3586854302245038","name":"TinyRabbit","avatar":"https://static.tigerbbs.com/6685482ed446811291c305271d57d5ed","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586854302245038","authorIdStr":"3586854302245038"},"htmlText":"A concern","listText":"A concern","text":"A concern","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/146918357","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5190846,"gmtCreate":1626049054005,"gmtModify":1635231674795,"authorId":3582756157113197,"author":{"id":3582756157113197,"idStr":"3582756157113197","authorId":3582756157113197,"name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146918357,"type":1,"supId":0,"prevId":0,"content":"Pls like and comments, thanks","text":"Pls like and comments, thanks","html":"Pls like and comments, thanks"}],"langContent":"EN"},{"id":146937239,"gmtCreate":1626048824821,"gmtModify":1633930727587,"author":{"id":"3569357432940876","authorId":"3569357432940876","name":"EeHoe","avatar":"https://static.tigerbbs.com/cb0c6bece08ddb8d0b70306a6488c1a2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569357432940876","authorIdStr":"3569357432940876"},"htmlText":"hmmmmm","listText":"hmmmmm","text":"hmmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146937239","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":146937602,"gmtCreate":1626048822006,"gmtModify":1633930727711,"author":{"id":"3548519664875261","authorId":"3548519664875261","name":"duhduhduh","avatar":"https://static.tigerbbs.com/3d0b0a451777c580da7e35ef36023d93","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3548519664875261","authorIdStr":"3548519664875261"},"htmlText":"No good!Please like and comment!","listText":"No good!Please like and comment!","text":"No good!Please like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/146937602","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5190872,"gmtCreate":1626049152353,"gmtModify":1635231672102,"authorId":3578904826776116,"author":{"id":3578904826776116,"idStr":"3578904826776116","authorId":3578904826776116,"name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146937602,"type":1,"supId":0,"prevId":0,"content":"k","text":"k","html":"k"},{"id":5190920,"gmtCreate":1626049328836,"gmtModify":1635231666927,"authorId":3582595806100338,"author":{"id":3582595806100338,"idStr":"3582595806100338","authorId":3582595806100338,"name":"Rteo","avatar":"https://static.tigerbbs.com/ba4c61a94c707cd25f18400b8cc52a4c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146937602,"type":1,"supId":0,"prevId":0,"content":"Totally","text":"Totally","html":"Totally"}],"langContent":"EN"},{"id":146935279,"gmtCreate":1626048739191,"gmtModify":1633930729419,"author":{"id":"3581450937859419","authorId":"3581450937859419","name":"StreetMoon","avatar":"https://static.tigerbbs.com/66309fcb0dabf3ca68ead8e251963340","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581450937859419","authorIdStr":"3581450937859419"},"htmlText":"Inflation ,the only way to be rich is invest&nbsp;","listText":"Inflation ,the only way to be rich is invest&nbsp;","text":"Inflation ,the only way to be rich is invest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/146935279","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5190798,"gmtCreate":1626048838188,"gmtModify":1635231679588,"authorId":3569357432940876,"author":{"id":3569357432940876,"idStr":"3569357432940876","authorId":3569357432940876,"name":"EeHoe","avatar":"https://static.tigerbbs.com/cb0c6bece08ddb8d0b70306a6488c1a2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146935279,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"},{"id":5191263,"gmtCreate":1626050749982,"gmtModify":1635231630121,"authorId":3581978054709801,"author":{"id":3581978054709801,"idStr":"3581978054709801","authorId":3581978054709801,"name":"Nickystonks","avatar":"https://static.tigerbbs.com/9ea10f153b0e264f05c7d19fcc08cdee","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146935279,"type":1,"supId":0,"prevId":0,"content":"yes <u>sir</u>","text":"yes <u>sir</u>","html":"yes <u>sir</u>"}],"langContent":"EN"},{"id":146936935,"gmtCreate":1626048645527,"gmtModify":1631893958899,"author":{"id":"3579167848320394","authorId":"3579167848320394","name":"Juliantotans","avatar":"https://static.tigerbbs.com/8ef95ca83ff749e3e3273525996642c1","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3579167848320394","authorIdStr":"3579167848320394"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146936935","repostId":1176934613,"repostType":4,"repost":{"id":"1176934613","pubTimestamp":1626048251,"share":"https://www.laohu8.com/m/news/1176934613?lang=&edition=full","pubTime":"2021-07-12 08:04","market":"us","language":"en","title":"Inflation is rising but the reasons why are changing","url":"https://stock-news.laohu8.com/highlight/detail?id=1176934613","media":"cnn","summary":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few mon","content":"<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.</p>\n<p>Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.</p>\n<p>It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.</p>\n<p>See here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.</p>\n<p>Before the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.</p>\n<p>As the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.</p>\n<p>Data point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.</p>\n<p>Eventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.</p>\n<p>Powell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.</p>\n<p>Last week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.</p>\n<p>Up next: June consumer price data is due on Tuesday.</p>\n<p><b>It's raining unicorns</b></p>\n<p>\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.</p>\n<p>What's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.</p>\n<p>Investments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.</p>\n<p>The United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.</p>\n<p>According to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.</p>\n<p>Details, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&amp;T Express.</p>\n<p>The title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).</p>\n<p>Investor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.</p>\n<p>At the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.</p>\n<p>\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.</p>\n<p><b>Up Next</b></p>\n<p><b>Monday: </b>Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal</p>\n<p><b>Tuesday: </b>US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings</p>\n<p><b>Wednesday: </b>Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings</p>\n<p><b>Thursday: </b>China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings</p>\n<p><b>Friday: </b>US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is rising but the reasons why are changing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is rising but the reasons why are changing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/07/11/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176934613","content_text":"New York / London (CNN Business)Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.\nSince then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.\nIt's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.\nSee here: Used car prices soared in part because lockdowns led many city-dwellers to buy cars, and because new car production was hampered by shuttered plants and chip shortages. In the year ended in May, used car prices were up nearly 30%, according to the Bureau of Labor Statistics.\nBefore the pandemic, inflation — which the Federal Reserve would like to have around 2% — had been stuck near rock bottom for years. Now, the Fed finds itself striking an increasingly difficult balance between supporting the recovery through ample stimulus while keeping inflation in check.\nAs the recovery gathers steam, the items that are driving inflation up are changing. For example, people are spending more money dining out as pandemic restrictions are lifted, while the return to offices is prompting a work wardrobe refresh.\nData point: In the 12-month period ended in May, the price index for food eaten outside the home was up 4%, fueled by increases in restaurant spending in late spring as Covid restrictions were scaled back. Similarly, apparel prices rose 5.6% in the year ended in May.\nEventually, these pandemic-era price hikes should normalize. Last month, Federal Reserve Chairman Jerome Powell, fielding questions about rampant inflation at a press conference, said there is no reason to assume prices will remain this high for an extended period. But quite how long they stick around remains uncertain.\nPowell isn't alone in expecting inflation to fall. The bond market is pricing post-pandemic inflation to be as stubbornly low as it was before, head of income investing for the BlackRock Multi-Asset Strategies Group, Michael Fredericks said last week on CNN Business' digital live show Markets Now.\nLast week, the 10-year Treasury bond yield dropped to its lowest level since February, indicating that investors likely see current price spikes as transitory, or are at least waiting to see how inflation will develop over the summer.\nUp next: June consumer price data is due on Tuesday.\nIt's raining unicorns\n\"Unicorn\" may no longer be the right term to describe companies that achieve $1 billion valuations, because these days they're a dime a dozen.\nWhat's happening: Between March and June, 136 new unicorns were created globally — more than the 128 born through all of 2020 and a new record, according to data provider CB Insights.\nInvestments into startups worldwide also smashed previous highs, hitting $156 billion in the second quarter. \"This marks the biggest quarter for dollars raised in the last decade,\" CB Insights said in a report this week.\nThe United States accounted for nearly half of the amount raised, with Silicon Valley leading the charge and cementing its position as the world's largest tech hub, if ever there was any doubt.\nAccording to CB Insights, there were 390 \"mega rounds,\" where companies raise $100 million or more, triple the number in the same quarter of last year.\nDetails, details: Among the top 10 deals in the quarter sits Fortnite creator Epic Games' $1 billion fundraise, Swedish battery maker Northvolt's $2.75 billion funding round and a $1.8 billion investment into Indonesian logistics company J&T Express.\nThe title of the world's most valuable unicorn belongs to TikTok owner ByteDance ($140 billion), followed by payments company Stripe ($95 billion) and Elon Musk's SpaceX ($74 billion).\nInvestor insight: The pandemic has clearly boosted demand for digital services to a new level, highlighted by the eye-watering amounts raised by e-commerce companies and those in financial technology and health technology.\nAt the same time, a new crop of yield-hungry investors awash with central bank liquidity are becoming increasingly active in private finance. Many of these players are much larger than traditional venture capital outfits.\n\"That puts a small number of financiers in control, and raises serious questions about how the wealth will be spread as venture investing completes its transformation from a Silicon Valley cottage industry into one of the main engines of global finance,\" writes the FT's Richard Waters.\nUp Next\nMonday: Eurogroup finance ministers meet; Elon Musk heads to court over Tesla's SolarCity deal\nTuesday: US CPI; China trade data; Volkswagen (VLKAF) unveils new strategy; Goldman Sachs (GS), JP Morgan (JPM) and Conagra (CAG) earnings\nWednesday: Zomato IPO; Bank of America (BAC), BlackRock (BLK), Citigroup (C), Delta Air Lines (DAL) and PNC (PNC) earnings\nThursday: China GDP; OPEC monthly report; US industrial production; TSMC (TSM) earnings\nFriday: US retail sales; US consumer sentiment; Bank of Japan interest rate decision; Ericsson and State Street (STT) earnings","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":146,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}