Hot inflation may have become scorching in May and is expected to hit a 28-year high

cnbc2021-06-10

Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May. The consensus forecast for the core consumer price index, which excludes food and energy, is...

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Comments

haoren
2021-06-10
haoren
Hope inflation will decrease soon
MoccaTB
2021-06-10
MoccaTB
Nice
ShirlySuet
2021-06-10
ShirlySuet
OMG
Bodoh
2021-06-10
Bodoh
Really that hot?
jemmie
2021-06-10
jemmie
yawnz
- Bodoh:
  You can say that again
Bossiwei
2021-06-10
Bossiwei
Ok

Leave a comment

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}\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\">\nHot inflation may have become scorching in May and is expected to hit a 28-year high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html","article_id":"1193607718","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1193607718","pubTimestamp":1623282335,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month ","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"translate_title":"火热的通胀可能在5月变得炙热，预计将创下28年来的新高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is 3.5% on a year-over-year basis, according to Dow Jones. That's the fastest annual pace in 28 years.\nEconomists expect both core and headline CPI rose by 0.5% in May. Headline CPI is expected to jump 4.7% year-over-year, the highest rate since sky high energy prices spiked inflation readings in the fall of 2008.\n\"It will be hot. It could be up to 5%,\" said Diane Swonk, chief economist at Grant Thornton. \"The worst of the heat is going to be the second quarter in terms of headline. It will be interesting to see what it looks like when you strip out the extremes. I think we're still going to have a warm summer when you have surge pricing kicking in for everything from airfares to hotels.\"\nA customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021.David Paul Morris | Bloomberg | Getty Images\nMay CPI is expected at 8:30 a.m. ET Thursday and comes as investors are debating whether the period of rising prices is transient, as the Fed believes, or more pervasive and persistent. If it's the latter, the concern is the central bank would then be forced to back away from its easy policies that have helped keep interest rates low, boosted liquidity and provided fuel for the stock market's gains.\nGreater expectations\nMark Zandi, chief economist at Moody's Analytics, said he expects a 0.6% jump in May core CPI. \"The year-over-year growth rate would be 3.65%,\" he said. \"The last time it was this high was July 1992.\"\nThe last time the core CPI was above the consensus expectation of 3.5% was February 1993.\nSwonk expects headline inflation to reach 4.9% year-over-year. That compares to a4.2% headline pace in April.Core inflation was 3% year-over-year in April, a level it has only occasionally reached in the past two decades.\n\"I am worried about rent and owners' equivalent rent because it should go up. It had decelerated,\" she said. Shelter is more than 30% of CPI, and rent costs have bottomed in some cities, Swonk added. \"The issue is it could have longer legs and keep overall inflation measures buoyed more than people expect.\"\n\nThe Fed has said it would begin the first phase of easing when it believes the economy and labor market is strong enough. Central bank officials have said they will tolerate inflation in an average range around their 2% target.\nSome strategists expect the Fed to begin talking about tapering its $120 billion a month in late August when it meets at theJackson Hole Economic Symposium. It is then expected to wait several months and begin to pare back purchases in December or early next year.\nThat would then lead to a long period of the Fed slowly reducing its bond purchases before it actually moves to raise interest rates. Most market pros do not expect the Fed to hike interest rates before 2023.\nGoing beyond the expected price increases\nWells Fargo bond strategists say they will be looking at the data for trends that go beyond the obvious price hikes associated with the economic reopening.\n\"Airfares, hotels and event admissions all registered big price increases and contributed to the spike in CPI inflation in April,\" they wrote in a report. \"But these categories are merely recovering declines seen last year, and the Fed is unlikely to be swayed if their prices continue to accelerate. Rent, owners' equivalent rent and medical care services (collectively 50% of the core CPI basket) inflation are muted.\"\nGrant Thornton's Swonk said the surge of inflation is being driven by pent-up demand, with consumers rushing to return to normal.\n\"The biggest thing I worry about longer term is whether or not what we're seeing a reaction to friction upon re-entry, before you hit the cold waters and reach splashdown, it gets hot,\" she said.\nEconomists are carefully eyeing wages, which have been rising. They do not expect the picture to become clear for several months as workers are expected to come back to the labor force. The559,000 jobs added in Maywas lower than expected, but the pace of hiring is expected to pick up as September approaches when federal unemployment benefits run out and schools reopen, allowing parents to return to work.\nInflation: Good to some degree\nFor the stock market, some inflation is good, especially for those companies that can meet rising costs with higher prices for goods. Inflation becomes negative when it gets too hot and erodes margins.\n\"These near-term readings are not going to tell us anything about whether the inflation readings are going to be anything but transitory,\" said Ron Temple, head of U.S. equities and co-head of multi-asset investing at Lazard Asset Management. He said it will be several more months before it's clear whether the period of higher prices is temporary.\nTemple said a hot CPI reading — one that's much higher than expected — would be a negative for stocks and bonds. Bond yields rise when prices fall.\n\"I think inflation is the thing people want to be afraid of … I think it's a misplaced fear. I think the worst thing we could have is deflation,\" he said.\nTemple said he does not expect a few months of rising inflation to destabilize the stock market, but he said there are bond market pros who think the Fed could move sooner on unwinding its bond program.\n\"I think the Fed will keep its nerve. They've made it clear. There's been a consistency of commentary. I think [Fed Chairman] Jay Powell's done a good job discussing 'transitory,'\" he said.\nMarket-based inflation expectations have been falling recently, and the 10-year Treasury yield fell below the key 1.5% Wednesday.\nGeorge Goncalves, head of U.S. macro strategy at MUFG, said investors were looking for an explanation for the surprise drop in yields, but he said it could simply be that the market is not looking for the pace of inflation or economic growth to stay at current levels.\n\"It's got to be short-covering. I think what we're experiencing is a rethinking of the narrative at the same time,\" he said. \"We're living through the peak of the activity, the peak of the inflation and markets are supposed to be forward looking.\"","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":189439215,"gmtCreate":1623284495537,"gmtModify":1704199962192,"author":{"id":"3581803494981906","authorId":"3581803494981906","name":"haoren","avatar":"https://static.tigerbbs.com/959cadb42575ede705b330aa58d68a63","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3581803494981906","authorIdStr":"3581803494981906"},"htmlText":"Hope inflation will decrease soon","listText":"Hope inflation will decrease soon","text":"Hope inflation will decrease soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189439215","repostId":1193607718,"repostType":4,"repost":{"id":"1193607718","pubTimestamp":1623282335,"share":"https://ttm.financial/m/news/1193607718?lang=&edition=fundamental","pubTime":"2021-06-10 07:45","market":"sh","language":"en","title":"Hot inflation may have become scorching in May and is expected to hit a 28-year high","url":"https://stock-news.laohu8.com/highlight/detail?id=1193607718","media":"cnbc","summary":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month ","content":"<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot inflation may have become scorching in May and is expected to hit a 28-year high</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot inflation may have become scorching in May and is expected to hit a 28-year high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1193607718","content_text":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is 3.5% on a year-over-year basis, according to Dow Jones. That's the fastest annual pace in 28 years.\nEconomists expect both core and headline CPI rose by 0.5% in May. Headline CPI is expected to jump 4.7% year-over-year, the highest rate since sky high energy prices spiked inflation readings in the fall of 2008.\n\"It will be hot. It could be up to 5%,\" said Diane Swonk, chief economist at Grant Thornton. \"The worst of the heat is going to be the second quarter in terms of headline. It will be interesting to see what it looks like when you strip out the extremes. I think we're still going to have a warm summer when you have surge pricing kicking in for everything from airfares to hotels.\"\nA customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021.David Paul Morris | Bloomberg | Getty Images\nMay CPI is expected at 8:30 a.m. ET Thursday and comes as investors are debating whether the period of rising prices is transient, as the Fed believes, or more pervasive and persistent. If it's the latter, the concern is the central bank would then be forced to back away from its easy policies that have helped keep interest rates low, boosted liquidity and provided fuel for the stock market's gains.\nGreater expectations\nMark Zandi, chief economist at Moody's Analytics, said he expects a 0.6% jump in May core CPI. \"The year-over-year growth rate would be 3.65%,\" he said. \"The last time it was this high was July 1992.\"\nThe last time the core CPI was above the consensus expectation of 3.5% was February 1993.\nSwonk expects headline inflation to reach 4.9% year-over-year. That compares to a4.2% headline pace in April.Core inflation was 3% year-over-year in April, a level it has only occasionally reached in the past two decades.\n\"I am worried about rent and owners' equivalent rent because it should go up. It had decelerated,\" she said. Shelter is more than 30% of CPI, and rent costs have bottomed in some cities, Swonk added. \"The issue is it could have longer legs and keep overall inflation measures buoyed more than people expect.\"\n\nThe Fed has said it would begin the first phase of easing when it believes the economy and labor market is strong enough. Central bank officials have said they will tolerate inflation in an average range around their 2% target.\nSome strategists expect the Fed to begin talking about tapering its $120 billion a month in late August when it meets at theJackson Hole Economic Symposium. It is then expected to wait several months and begin to pare back purchases in December or early next year.\nThat would then lead to a long period of the Fed slowly reducing its bond purchases before it actually moves to raise interest rates. Most market pros do not expect the Fed to hike interest rates before 2023.\nGoing beyond the expected price increases\nWells Fargo bond strategists say they will be looking at the data for trends that go beyond the obvious price hikes associated with the economic reopening.\n\"Airfares, hotels and event admissions all registered big price increases and contributed to the spike in CPI inflation in April,\" they wrote in a report. \"But these categories are merely recovering declines seen last year, and the Fed is unlikely to be swayed if their prices continue to accelerate. Rent, owners' equivalent rent and medical care services (collectively 50% of the core CPI basket) inflation are muted.\"\nGrant Thornton's Swonk said the surge of inflation is being driven by pent-up demand, with consumers rushing to return to normal.\n\"The biggest thing I worry about longer term is whether or not what we're seeing a reaction to friction upon re-entry, before you hit the cold waters and reach splashdown, it gets hot,\" she said.\nEconomists are carefully eyeing wages, which have been rising. They do not expect the picture to become clear for several months as workers are expected to come back to the labor force. The559,000 jobs added in Maywas lower than expected, but the pace of hiring is expected to pick up as September approaches when federal unemployment benefits run out and schools reopen, allowing parents to return to work.\nInflation: Good to some degree\nFor the stock market, some inflation is good, especially for those companies that can meet rising costs with higher prices for goods. Inflation becomes negative when it gets too hot and erodes margins.\n\"These near-term readings are not going to tell us anything about whether the inflation readings are going to be anything but transitory,\" said Ron Temple, head of U.S. equities and co-head of multi-asset investing at Lazard Asset Management. He said it will be several more months before it's clear whether the period of higher prices is temporary.\nTemple said a hot CPI reading — one that's much higher than expected — would be a negative for stocks and bonds. Bond yields rise when prices fall.\n\"I think inflation is the thing people want to be afraid of … I think it's a misplaced fear. I think the worst thing we could have is deflation,\" he said.\nTemple said he does not expect a few months of rising inflation to destabilize the stock market, but he said there are bond market pros who think the Fed could move sooner on unwinding its bond program.\n\"I think the Fed will keep its nerve. They've made it clear. There's been a consistency of commentary. I think [Fed Chairman] Jay Powell's done a good job discussing 'transitory,'\" he said.\nMarket-based inflation expectations have been falling recently, and the 10-year Treasury yield fell below the key 1.5% Wednesday.\nGeorge Goncalves, head of U.S. macro strategy at MUFG, said investors were looking for an explanation for the surprise drop in yields, but he said it could simply be that the market is not looking for the pace of inflation or economic growth to stay at current levels.\n\"It's got to be short-covering. I think what we're experiencing is a rethinking of the narrative at the same time,\" he said. \"We're living through the peak of the activity, the peak of the inflation and markets are supposed to be forward looking.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":189401930,"gmtCreate":1623283837020,"gmtModify":1704199937636,"author":{"id":"3580696609412947","authorId":"3580696609412947","name":"MoccaTB","avatar":"https://static.tigerbbs.com/06bb70f2fd1d34bedd4d0aa721d27bb9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580696609412947","authorIdStr":"3580696609412947"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189401930","repostId":1193607718,"repostType":4,"repost":{"id":"1193607718","pubTimestamp":1623282335,"share":"https://ttm.financial/m/news/1193607718?lang=&edition=fundamental","pubTime":"2021-06-10 07:45","market":"sh","language":"en","title":"Hot inflation may have become scorching in May and is expected to hit a 28-year high","url":"https://stock-news.laohu8.com/highlight/detail?id=1193607718","media":"cnbc","summary":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month ","content":"<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot inflation may have become scorching in May and is expected to hit a 28-year high</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot inflation may have become scorching in May and is expected to hit a 28-year high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1193607718","content_text":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is 3.5% on a year-over-year basis, according to Dow Jones. That's the fastest annual pace in 28 years.\nEconomists expect both core and headline CPI rose by 0.5% in May. Headline CPI is expected to jump 4.7% year-over-year, the highest rate since sky high energy prices spiked inflation readings in the fall of 2008.\n\"It will be hot. It could be up to 5%,\" said Diane Swonk, chief economist at Grant Thornton. \"The worst of the heat is going to be the second quarter in terms of headline. It will be interesting to see what it looks like when you strip out the extremes. I think we're still going to have a warm summer when you have surge pricing kicking in for everything from airfares to hotels.\"\nA customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021.David Paul Morris | Bloomberg | Getty Images\nMay CPI is expected at 8:30 a.m. ET Thursday and comes as investors are debating whether the period of rising prices is transient, as the Fed believes, or more pervasive and persistent. If it's the latter, the concern is the central bank would then be forced to back away from its easy policies that have helped keep interest rates low, boosted liquidity and provided fuel for the stock market's gains.\nGreater expectations\nMark Zandi, chief economist at Moody's Analytics, said he expects a 0.6% jump in May core CPI. \"The year-over-year growth rate would be 3.65%,\" he said. \"The last time it was this high was July 1992.\"\nThe last time the core CPI was above the consensus expectation of 3.5% was February 1993.\nSwonk expects headline inflation to reach 4.9% year-over-year. That compares to a4.2% headline pace in April.Core inflation was 3% year-over-year in April, a level it has only occasionally reached in the past two decades.\n\"I am worried about rent and owners' equivalent rent because it should go up. It had decelerated,\" she said. Shelter is more than 30% of CPI, and rent costs have bottomed in some cities, Swonk added. \"The issue is it could have longer legs and keep overall inflation measures buoyed more than people expect.\"\n\nThe Fed has said it would begin the first phase of easing when it believes the economy and labor market is strong enough. Central bank officials have said they will tolerate inflation in an average range around their 2% target.\nSome strategists expect the Fed to begin talking about tapering its $120 billion a month in late August when it meets at theJackson Hole Economic Symposium. It is then expected to wait several months and begin to pare back purchases in December or early next year.\nThat would then lead to a long period of the Fed slowly reducing its bond purchases before it actually moves to raise interest rates. Most market pros do not expect the Fed to hike interest rates before 2023.\nGoing beyond the expected price increases\nWells Fargo bond strategists say they will be looking at the data for trends that go beyond the obvious price hikes associated with the economic reopening.\n\"Airfares, hotels and event admissions all registered big price increases and contributed to the spike in CPI inflation in April,\" they wrote in a report. \"But these categories are merely recovering declines seen last year, and the Fed is unlikely to be swayed if their prices continue to accelerate. Rent, owners' equivalent rent and medical care services (collectively 50% of the core CPI basket) inflation are muted.\"\nGrant Thornton's Swonk said the surge of inflation is being driven by pent-up demand, with consumers rushing to return to normal.\n\"The biggest thing I worry about longer term is whether or not what we're seeing a reaction to friction upon re-entry, before you hit the cold waters and reach splashdown, it gets hot,\" she said.\nEconomists are carefully eyeing wages, which have been rising. They do not expect the picture to become clear for several months as workers are expected to come back to the labor force. The559,000 jobs added in Maywas lower than expected, but the pace of hiring is expected to pick up as September approaches when federal unemployment benefits run out and schools reopen, allowing parents to return to work.\nInflation: Good to some degree\nFor the stock market, some inflation is good, especially for those companies that can meet rising costs with higher prices for goods. Inflation becomes negative when it gets too hot and erodes margins.\n\"These near-term readings are not going to tell us anything about whether the inflation readings are going to be anything but transitory,\" said Ron Temple, head of U.S. equities and co-head of multi-asset investing at Lazard Asset Management. He said it will be several more months before it's clear whether the period of higher prices is temporary.\nTemple said a hot CPI reading — one that's much higher than expected — would be a negative for stocks and bonds. Bond yields rise when prices fall.\n\"I think inflation is the thing people want to be afraid of … I think it's a misplaced fear. I think the worst thing we could have is deflation,\" he said.\nTemple said he does not expect a few months of rising inflation to destabilize the stock market, but he said there are bond market pros who think the Fed could move sooner on unwinding its bond program.\n\"I think the Fed will keep its nerve. They've made it clear. There's been a consistency of commentary. I think [Fed Chairman] Jay Powell's done a good job discussing 'transitory,'\" he said.\nMarket-based inflation expectations have been falling recently, and the 10-year Treasury yield fell below the key 1.5% Wednesday.\nGeorge Goncalves, head of U.S. macro strategy at MUFG, said investors were looking for an explanation for the surprise drop in yields, but he said it could simply be that the market is not looking for the pace of inflation or economic growth to stay at current levels.\n\"It's got to be short-covering. I think what we're experiencing is a rethinking of the narrative at the same time,\" he said. \"We're living through the peak of the activity, the peak of the inflation and markets are supposed to be forward looking.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":189577337,"gmtCreate":1623283712929,"gmtModify":1704199931937,"author":{"id":"3582360052677778","authorId":"3582360052677778","name":"ShirlySuet","avatar":"https://static.tigerbbs.com/57d93e0a20280806b45e744b5e2a11cb","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582360052677778","authorIdStr":"3582360052677778"},"htmlText":"OMG","listText":"OMG","text":"OMG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189577337","repostId":1193607718,"repostType":4,"repost":{"id":"1193607718","pubTimestamp":1623282335,"share":"https://ttm.financial/m/news/1193607718?lang=&edition=fundamental","pubTime":"2021-06-10 07:45","market":"sh","language":"en","title":"Hot inflation may have become scorching in May and is expected to hit a 28-year high","url":"https://stock-news.laohu8.com/highlight/detail?id=1193607718","media":"cnbc","summary":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month ","content":"<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot inflation may have become scorching in May and is expected to hit a 28-year high</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot inflation may have become scorching in May and is expected to hit a 28-year high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1193607718","content_text":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is 3.5% on a year-over-year basis, according to Dow Jones. That's the fastest annual pace in 28 years.\nEconomists expect both core and headline CPI rose by 0.5% in May. Headline CPI is expected to jump 4.7% year-over-year, the highest rate since sky high energy prices spiked inflation readings in the fall of 2008.\n\"It will be hot. It could be up to 5%,\" said Diane Swonk, chief economist at Grant Thornton. \"The worst of the heat is going to be the second quarter in terms of headline. It will be interesting to see what it looks like when you strip out the extremes. I think we're still going to have a warm summer when you have surge pricing kicking in for everything from airfares to hotels.\"\nA customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021.David Paul Morris | Bloomberg | Getty Images\nMay CPI is expected at 8:30 a.m. ET Thursday and comes as investors are debating whether the period of rising prices is transient, as the Fed believes, or more pervasive and persistent. If it's the latter, the concern is the central bank would then be forced to back away from its easy policies that have helped keep interest rates low, boosted liquidity and provided fuel for the stock market's gains.\nGreater expectations\nMark Zandi, chief economist at Moody's Analytics, said he expects a 0.6% jump in May core CPI. \"The year-over-year growth rate would be 3.65%,\" he said. \"The last time it was this high was July 1992.\"\nThe last time the core CPI was above the consensus expectation of 3.5% was February 1993.\nSwonk expects headline inflation to reach 4.9% year-over-year. That compares to a4.2% headline pace in April.Core inflation was 3% year-over-year in April, a level it has only occasionally reached in the past two decades.\n\"I am worried about rent and owners' equivalent rent because it should go up. It had decelerated,\" she said. Shelter is more than 30% of CPI, and rent costs have bottomed in some cities, Swonk added. \"The issue is it could have longer legs and keep overall inflation measures buoyed more than people expect.\"\n\nThe Fed has said it would begin the first phase of easing when it believes the economy and labor market is strong enough. Central bank officials have said they will tolerate inflation in an average range around their 2% target.\nSome strategists expect the Fed to begin talking about tapering its $120 billion a month in late August when it meets at theJackson Hole Economic Symposium. It is then expected to wait several months and begin to pare back purchases in December or early next year.\nThat would then lead to a long period of the Fed slowly reducing its bond purchases before it actually moves to raise interest rates. Most market pros do not expect the Fed to hike interest rates before 2023.\nGoing beyond the expected price increases\nWells Fargo bond strategists say they will be looking at the data for trends that go beyond the obvious price hikes associated with the economic reopening.\n\"Airfares, hotels and event admissions all registered big price increases and contributed to the spike in CPI inflation in April,\" they wrote in a report. \"But these categories are merely recovering declines seen last year, and the Fed is unlikely to be swayed if their prices continue to accelerate. Rent, owners' equivalent rent and medical care services (collectively 50% of the core CPI basket) inflation are muted.\"\nGrant Thornton's Swonk said the surge of inflation is being driven by pent-up demand, with consumers rushing to return to normal.\n\"The biggest thing I worry about longer term is whether or not what we're seeing a reaction to friction upon re-entry, before you hit the cold waters and reach splashdown, it gets hot,\" she said.\nEconomists are carefully eyeing wages, which have been rising. They do not expect the picture to become clear for several months as workers are expected to come back to the labor force. The559,000 jobs added in Maywas lower than expected, but the pace of hiring is expected to pick up as September approaches when federal unemployment benefits run out and schools reopen, allowing parents to return to work.\nInflation: Good to some degree\nFor the stock market, some inflation is good, especially for those companies that can meet rising costs with higher prices for goods. Inflation becomes negative when it gets too hot and erodes margins.\n\"These near-term readings are not going to tell us anything about whether the inflation readings are going to be anything but transitory,\" said Ron Temple, head of U.S. equities and co-head of multi-asset investing at Lazard Asset Management. He said it will be several more months before it's clear whether the period of higher prices is temporary.\nTemple said a hot CPI reading — one that's much higher than expected — would be a negative for stocks and bonds. Bond yields rise when prices fall.\n\"I think inflation is the thing people want to be afraid of … I think it's a misplaced fear. I think the worst thing we could have is deflation,\" he said.\nTemple said he does not expect a few months of rising inflation to destabilize the stock market, but he said there are bond market pros who think the Fed could move sooner on unwinding its bond program.\n\"I think the Fed will keep its nerve. They've made it clear. There's been a consistency of commentary. I think [Fed Chairman] Jay Powell's done a good job discussing 'transitory,'\" he said.\nMarket-based inflation expectations have been falling recently, and the 10-year Treasury yield fell below the key 1.5% Wednesday.\nGeorge Goncalves, head of U.S. macro strategy at MUFG, said investors were looking for an explanation for the surprise drop in yields, but he said it could simply be that the market is not looking for the pace of inflation or economic growth to stay at current levels.\n\"It's got to be short-covering. I think what we're experiencing is a rethinking of the narrative at the same time,\" he said. \"We're living through the peak of the activity, the peak of the inflation and markets are supposed to be forward looking.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":189577924,"gmtCreate":1623283711468,"gmtModify":1704199934218,"author":{"id":"3559859558754319","authorId":"3559859558754319","name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3559859558754319","authorIdStr":"3559859558754319"},"htmlText":"Really that hot?","listText":"Really that hot?","text":"Really that hot?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189577924","repostId":1193607718,"repostType":4,"repost":{"id":"1193607718","pubTimestamp":1623282335,"share":"https://ttm.financial/m/news/1193607718?lang=&edition=fundamental","pubTime":"2021-06-10 07:45","market":"sh","language":"en","title":"Hot inflation may have become scorching in May and is expected to hit a 28-year high","url":"https://stock-news.laohu8.com/highlight/detail?id=1193607718","media":"cnbc","summary":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month ","content":"<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot inflation may have become scorching in May and is expected to hit a 28-year high</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot inflation may have become scorching in May and is expected to hit a 28-year high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1193607718","content_text":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is 3.5% on a year-over-year basis, according to Dow Jones. That's the fastest annual pace in 28 years.\nEconomists expect both core and headline CPI rose by 0.5% in May. Headline CPI is expected to jump 4.7% year-over-year, the highest rate since sky high energy prices spiked inflation readings in the fall of 2008.\n\"It will be hot. It could be up to 5%,\" said Diane Swonk, chief economist at Grant Thornton. \"The worst of the heat is going to be the second quarter in terms of headline. It will be interesting to see what it looks like when you strip out the extremes. I think we're still going to have a warm summer when you have surge pricing kicking in for everything from airfares to hotels.\"\nA customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021.David Paul Morris | Bloomberg | Getty Images\nMay CPI is expected at 8:30 a.m. ET Thursday and comes as investors are debating whether the period of rising prices is transient, as the Fed believes, or more pervasive and persistent. If it's the latter, the concern is the central bank would then be forced to back away from its easy policies that have helped keep interest rates low, boosted liquidity and provided fuel for the stock market's gains.\nGreater expectations\nMark Zandi, chief economist at Moody's Analytics, said he expects a 0.6% jump in May core CPI. \"The year-over-year growth rate would be 3.65%,\" he said. \"The last time it was this high was July 1992.\"\nThe last time the core CPI was above the consensus expectation of 3.5% was February 1993.\nSwonk expects headline inflation to reach 4.9% year-over-year. That compares to a4.2% headline pace in April.Core inflation was 3% year-over-year in April, a level it has only occasionally reached in the past two decades.\n\"I am worried about rent and owners' equivalent rent because it should go up. It had decelerated,\" she said. Shelter is more than 30% of CPI, and rent costs have bottomed in some cities, Swonk added. \"The issue is it could have longer legs and keep overall inflation measures buoyed more than people expect.\"\n\nThe Fed has said it would begin the first phase of easing when it believes the economy and labor market is strong enough. Central bank officials have said they will tolerate inflation in an average range around their 2% target.\nSome strategists expect the Fed to begin talking about tapering its $120 billion a month in late August when it meets at theJackson Hole Economic Symposium. It is then expected to wait several months and begin to pare back purchases in December or early next year.\nThat would then lead to a long period of the Fed slowly reducing its bond purchases before it actually moves to raise interest rates. Most market pros do not expect the Fed to hike interest rates before 2023.\nGoing beyond the expected price increases\nWells Fargo bond strategists say they will be looking at the data for trends that go beyond the obvious price hikes associated with the economic reopening.\n\"Airfares, hotels and event admissions all registered big price increases and contributed to the spike in CPI inflation in April,\" they wrote in a report. \"But these categories are merely recovering declines seen last year, and the Fed is unlikely to be swayed if their prices continue to accelerate. Rent, owners' equivalent rent and medical care services (collectively 50% of the core CPI basket) inflation are muted.\"\nGrant Thornton's Swonk said the surge of inflation is being driven by pent-up demand, with consumers rushing to return to normal.\n\"The biggest thing I worry about longer term is whether or not what we're seeing a reaction to friction upon re-entry, before you hit the cold waters and reach splashdown, it gets hot,\" she said.\nEconomists are carefully eyeing wages, which have been rising. They do not expect the picture to become clear for several months as workers are expected to come back to the labor force. The559,000 jobs added in Maywas lower than expected, but the pace of hiring is expected to pick up as September approaches when federal unemployment benefits run out and schools reopen, allowing parents to return to work.\nInflation: Good to some degree\nFor the stock market, some inflation is good, especially for those companies that can meet rising costs with higher prices for goods. Inflation becomes negative when it gets too hot and erodes margins.\n\"These near-term readings are not going to tell us anything about whether the inflation readings are going to be anything but transitory,\" said Ron Temple, head of U.S. equities and co-head of multi-asset investing at Lazard Asset Management. He said it will be several more months before it's clear whether the period of higher prices is temporary.\nTemple said a hot CPI reading — one that's much higher than expected — would be a negative for stocks and bonds. Bond yields rise when prices fall.\n\"I think inflation is the thing people want to be afraid of … I think it's a misplaced fear. I think the worst thing we could have is deflation,\" he said.\nTemple said he does not expect a few months of rising inflation to destabilize the stock market, but he said there are bond market pros who think the Fed could move sooner on unwinding its bond program.\n\"I think the Fed will keep its nerve. They've made it clear. There's been a consistency of commentary. I think [Fed Chairman] Jay Powell's done a good job discussing 'transitory,'\" he said.\nMarket-based inflation expectations have been falling recently, and the 10-year Treasury yield fell below the key 1.5% Wednesday.\nGeorge Goncalves, head of U.S. macro strategy at MUFG, said investors were looking for an explanation for the surprise drop in yields, but he said it could simply be that the market is not looking for the pace of inflation or economic growth to stay at current levels.\n\"It's got to be short-covering. I think what we're experiencing is a rethinking of the narrative at the same time,\" he said. \"We're living through the peak of the activity, the peak of the inflation and markets are supposed to be forward looking.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":189578888,"gmtCreate":1623283552544,"gmtModify":1704199925895,"author":{"id":"3581767186680148","authorId":"3581767186680148","name":"jemmie","avatar":"https://static.tigerbbs.com/a4dec4a0576ef7e54edd75ad8197ee90","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":0,"idStr":"3581767186680148","authorIdStr":"3581767186680148"},"htmlText":"yawnz","listText":"yawnz","text":"yawnz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/189578888","repostId":1193607718,"repostType":4,"repost":{"id":"1193607718","pubTimestamp":1623282335,"share":"https://ttm.financial/m/news/1193607718?lang=&edition=fundamental","pubTime":"2021-06-10 07:45","market":"sh","language":"en","title":"Hot inflation may have become scorching in May and is expected to hit a 28-year high","url":"https://stock-news.laohu8.com/highlight/detail?id=1193607718","media":"cnbc","summary":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month ","content":"<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot inflation may have become scorching in May and is expected to hit a 28-year high</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot inflation may have become scorching in May and is expected to hit a 28-year high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1193607718","content_text":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is 3.5% on a year-over-year basis, according to Dow Jones. That's the fastest annual pace in 28 years.\nEconomists expect both core and headline CPI rose by 0.5% in May. Headline CPI is expected to jump 4.7% year-over-year, the highest rate since sky high energy prices spiked inflation readings in the fall of 2008.\n\"It will be hot. It could be up to 5%,\" said Diane Swonk, chief economist at Grant Thornton. \"The worst of the heat is going to be the second quarter in terms of headline. It will be interesting to see what it looks like when you strip out the extremes. I think we're still going to have a warm summer when you have surge pricing kicking in for everything from airfares to hotels.\"\nA customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021.David Paul Morris | Bloomberg | Getty Images\nMay CPI is expected at 8:30 a.m. ET Thursday and comes as investors are debating whether the period of rising prices is transient, as the Fed believes, or more pervasive and persistent. If it's the latter, the concern is the central bank would then be forced to back away from its easy policies that have helped keep interest rates low, boosted liquidity and provided fuel for the stock market's gains.\nGreater expectations\nMark Zandi, chief economist at Moody's Analytics, said he expects a 0.6% jump in May core CPI. \"The year-over-year growth rate would be 3.65%,\" he said. \"The last time it was this high was July 1992.\"\nThe last time the core CPI was above the consensus expectation of 3.5% was February 1993.\nSwonk expects headline inflation to reach 4.9% year-over-year. That compares to a4.2% headline pace in April.Core inflation was 3% year-over-year in April, a level it has only occasionally reached in the past two decades.\n\"I am worried about rent and owners' equivalent rent because it should go up. It had decelerated,\" she said. Shelter is more than 30% of CPI, and rent costs have bottomed in some cities, Swonk added. \"The issue is it could have longer legs and keep overall inflation measures buoyed more than people expect.\"\n\nThe Fed has said it would begin the first phase of easing when it believes the economy and labor market is strong enough. Central bank officials have said they will tolerate inflation in an average range around their 2% target.\nSome strategists expect the Fed to begin talking about tapering its $120 billion a month in late August when it meets at theJackson Hole Economic Symposium. It is then expected to wait several months and begin to pare back purchases in December or early next year.\nThat would then lead to a long period of the Fed slowly reducing its bond purchases before it actually moves to raise interest rates. Most market pros do not expect the Fed to hike interest rates before 2023.\nGoing beyond the expected price increases\nWells Fargo bond strategists say they will be looking at the data for trends that go beyond the obvious price hikes associated with the economic reopening.\n\"Airfares, hotels and event admissions all registered big price increases and contributed to the spike in CPI inflation in April,\" they wrote in a report. \"But these categories are merely recovering declines seen last year, and the Fed is unlikely to be swayed if their prices continue to accelerate. Rent, owners' equivalent rent and medical care services (collectively 50% of the core CPI basket) inflation are muted.\"\nGrant Thornton's Swonk said the surge of inflation is being driven by pent-up demand, with consumers rushing to return to normal.\n\"The biggest thing I worry about longer term is whether or not what we're seeing a reaction to friction upon re-entry, before you hit the cold waters and reach splashdown, it gets hot,\" she said.\nEconomists are carefully eyeing wages, which have been rising. They do not expect the picture to become clear for several months as workers are expected to come back to the labor force. The559,000 jobs added in Maywas lower than expected, but the pace of hiring is expected to pick up as September approaches when federal unemployment benefits run out and schools reopen, allowing parents to return to work.\nInflation: Good to some degree\nFor the stock market, some inflation is good, especially for those companies that can meet rising costs with higher prices for goods. Inflation becomes negative when it gets too hot and erodes margins.\n\"These near-term readings are not going to tell us anything about whether the inflation readings are going to be anything but transitory,\" said Ron Temple, head of U.S. equities and co-head of multi-asset investing at Lazard Asset Management. He said it will be several more months before it's clear whether the period of higher prices is temporary.\nTemple said a hot CPI reading — one that's much higher than expected — would be a negative for stocks and bonds. Bond yields rise when prices fall.\n\"I think inflation is the thing people want to be afraid of … I think it's a misplaced fear. I think the worst thing we could have is deflation,\" he said.\nTemple said he does not expect a few months of rising inflation to destabilize the stock market, but he said there are bond market pros who think the Fed could move sooner on unwinding its bond program.\n\"I think the Fed will keep its nerve. They've made it clear. There's been a consistency of commentary. I think [Fed Chairman] Jay Powell's done a good job discussing 'transitory,'\" he said.\nMarket-based inflation expectations have been falling recently, and the 10-year Treasury yield fell below the key 1.5% Wednesday.\nGeorge Goncalves, head of U.S. macro strategy at MUFG, said investors were looking for an explanation for the surprise drop in yields, but he said it could simply be that the market is not looking for the pace of inflation or economic growth to stay at current levels.\n\"It's got to be short-covering. I think what we're experiencing is a rethinking of the narrative at the same time,\" he said. \"We're living through the peak of the activity, the peak of the inflation and markets are supposed to be forward looking.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4657296,"gmtCreate":1623283725679,"gmtModify":1663228318044,"authorId":3559859558754319,"author":{"id":3559859558754319,"idStr":"3559859558754319","authorId":3559859558754319,"name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.78%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":189578888,"type":1,"supId":0,"prevId":0,"content":"You can say that again","text":"You can say that again","html":"You can say that again"}],"langContent":"EN"},{"id":189578148,"gmtCreate":1623283547784,"gmtModify":1704199925726,"author":{"id":"3574922071165793","authorId":"3574922071165793","name":"Bossiwei","avatar":"https://static.tigerbbs.com/dfbc991d17c0826fbf583dc8682e96d3","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574922071165793","authorIdStr":"3574922071165793"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189578148","repostId":1193607718,"repostType":4,"repost":{"id":"1193607718","pubTimestamp":1623282335,"share":"https://ttm.financial/m/news/1193607718?lang=&edition=fundamental","pubTime":"2021-06-10 07:45","market":"sh","language":"en","title":"Hot inflation may have become scorching in May and is expected to hit a 28-year high","url":"https://stock-news.laohu8.com/highlight/detail?id=1193607718","media":"cnbc","summary":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month ","content":"<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nHot inflation may have become scorching in May and is expected to hit a 28-year high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/09/hot-inflation-became-scorching-in-may-and-is-expected-to-hit-a-28-year-high.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1193607718","content_text":"Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May.\nThe consensus forecast for the core consumer price index, which excludes food and energy, is 3.5% on a year-over-year basis, according to Dow Jones. That's the fastest annual pace in 28 years.\nEconomists expect both core and headline CPI rose by 0.5% in May. Headline CPI is expected to jump 4.7% year-over-year, the highest rate since sky high energy prices spiked inflation readings in the fall of 2008.\n\"It will be hot. It could be up to 5%,\" said Diane Swonk, chief economist at Grant Thornton. \"The worst of the heat is going to be the second quarter in terms of headline. It will be interesting to see what it looks like when you strip out the extremes. I think we're still going to have a warm summer when you have surge pricing kicking in for everything from airfares to hotels.\"\nA customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021.David Paul Morris | Bloomberg | Getty Images\nMay CPI is expected at 8:30 a.m. ET Thursday and comes as investors are debating whether the period of rising prices is transient, as the Fed believes, or more pervasive and persistent. If it's the latter, the concern is the central bank would then be forced to back away from its easy policies that have helped keep interest rates low, boosted liquidity and provided fuel for the stock market's gains.\nGreater expectations\nMark Zandi, chief economist at Moody's Analytics, said he expects a 0.6% jump in May core CPI. \"The year-over-year growth rate would be 3.65%,\" he said. \"The last time it was this high was July 1992.\"\nThe last time the core CPI was above the consensus expectation of 3.5% was February 1993.\nSwonk expects headline inflation to reach 4.9% year-over-year. That compares to a4.2% headline pace in April.Core inflation was 3% year-over-year in April, a level it has only occasionally reached in the past two decades.\n\"I am worried about rent and owners' equivalent rent because it should go up. It had decelerated,\" she said. Shelter is more than 30% of CPI, and rent costs have bottomed in some cities, Swonk added. \"The issue is it could have longer legs and keep overall inflation measures buoyed more than people expect.\"\n\nThe Fed has said it would begin the first phase of easing when it believes the economy and labor market is strong enough. Central bank officials have said they will tolerate inflation in an average range around their 2% target.\nSome strategists expect the Fed to begin talking about tapering its $120 billion a month in late August when it meets at theJackson Hole Economic Symposium. It is then expected to wait several months and begin to pare back purchases in December or early next year.\nThat would then lead to a long period of the Fed slowly reducing its bond purchases before it actually moves to raise interest rates. Most market pros do not expect the Fed to hike interest rates before 2023.\nGoing beyond the expected price increases\nWells Fargo bond strategists say they will be looking at the data for trends that go beyond the obvious price hikes associated with the economic reopening.\n\"Airfares, hotels and event admissions all registered big price increases and contributed to the spike in CPI inflation in April,\" they wrote in a report. \"But these categories are merely recovering declines seen last year, and the Fed is unlikely to be swayed if their prices continue to accelerate. Rent, owners' equivalent rent and medical care services (collectively 50% of the core CPI basket) inflation are muted.\"\nGrant Thornton's Swonk said the surge of inflation is being driven by pent-up demand, with consumers rushing to return to normal.\n\"The biggest thing I worry about longer term is whether or not what we're seeing a reaction to friction upon re-entry, before you hit the cold waters and reach splashdown, it gets hot,\" she said.\nEconomists are carefully eyeing wages, which have been rising. They do not expect the picture to become clear for several months as workers are expected to come back to the labor force. The559,000 jobs added in Maywas lower than expected, but the pace of hiring is expected to pick up as September approaches when federal unemployment benefits run out and schools reopen, allowing parents to return to work.\nInflation: Good to some degree\nFor the stock market, some inflation is good, especially for those companies that can meet rising costs with higher prices for goods. Inflation becomes negative when it gets too hot and erodes margins.\n\"These near-term readings are not going to tell us anything about whether the inflation readings are going to be anything but transitory,\" said Ron Temple, head of U.S. equities and co-head of multi-asset investing at Lazard Asset Management. He said it will be several more months before it's clear whether the period of higher prices is temporary.\nTemple said a hot CPI reading — one that's much higher than expected — would be a negative for stocks and bonds. Bond yields rise when prices fall.\n\"I think inflation is the thing people want to be afraid of … I think it's a misplaced fear. I think the worst thing we could have is deflation,\" he said.\nTemple said he does not expect a few months of rising inflation to destabilize the stock market, but he said there are bond market pros who think the Fed could move sooner on unwinding its bond program.\n\"I think the Fed will keep its nerve. They've made it clear. There's been a consistency of commentary. I think [Fed Chairman] Jay Powell's done a good job discussing 'transitory,'\" he said.\nMarket-based inflation expectations have been falling recently, and the 10-year Treasury yield fell below the key 1.5% Wednesday.\nGeorge Goncalves, head of U.S. macro strategy at MUFG, said investors were looking for an explanation for the surprise drop in yields, but he said it could simply be that the market is not looking for the pace of inflation or economic growth to stay at current levels.\n\"It's got to be short-covering. I think what we're experiencing is a rethinking of the narrative at the same time,\" he said. \"We're living through the peak of the activity, the peak of the inflation and markets are supposed to be forward looking.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":62,"commentSize":15,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1193607718"}