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GELLIE85
2021-06-22
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Louis Vuitton-owner LVMH believes the future of retail will be mostly in store
GELLIE85
2021-06-22
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GELLIE85
2021-06-22
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10, 30-year Treasury yields recover overnight dip to stage solid post-Fed climb Monday
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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>Louis Vuitton-owner LVMH believes the future of retail will be mostly in store</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\">\nLouis Vuitton-owner LVMH believes the future of retail will be mostly in store\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 15:38 GMT+8 <a href=https://www.cnbc.com/2021/06/22/louis-vuitton-owner-lvmh-on-the-future-of-retail.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON — There are questions about the future of retail, but French luxury goods giant LVMH has no doubt what it will look like.\n\"We see the future being two things: being mostly retail stores, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/louis-vuitton-owner-lvmh-on-the-future-of-retail.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LVMUY":"路易威登"},"source_url":"https://www.cnbc.com/2021/06/22/louis-vuitton-owner-lvmh-on-the-future-of-retail.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1178646274","content_text":"LONDON — There are questions about the future of retail, but French luxury goods giant LVMH has no doubt what it will look like.\n\"We see the future being two things: being mostly retail stores, because the client experience in a retail store cannot be matched easily online. As of today, I mean, no one has found the sort of miracle formula that would enable clients to enjoy as much online,\" Jean Jacques Guiony, chief financial officer at LVMH, told CNBC on Monday.\n\"The second point is also to enrich this experience with online content,\" he added.\nThe coronavirus pandemic, and subsequent stay-at-home orders, has led to a significant surge in online shopping and forced many retailers to develop their online offerings at a much faster pace. This dynamic has in turn challenged the need for physical stores.\nHowever, for LVMH, one of the world's biggest luxury brands, the online offering is just \"a complement to the physical experience.\"\nGuiony said that most customers who visit in store had previously checked the website and could have bought the items they wanted there.\n\"They get a lot of information, but they come to the store because the store experience is something that cannot be matched on the internet,\" he told CNBC's Charlotte Reed.\nTiffany & Co. in Vienna, Austria at the most prestigious shopping zone in downtown Wien also called the Golden U at Kohlmarkt street Strasse.Nicolas Economou | NurPhoto | Getty Images\nLVMH reported a 17% drop in revenues in 2020 compared to the previous year. The business was impacted not only by local lockdown measures, but also by the prohibitions on international travel.\n\"I don't know whether we can talk about roaring 20s … the analogy one century after makes me a little bit doubtful, but anyway, I don't know whether we can talk about that. We can definitely talk about the fact that the business is doing well with most of the client base, be it in Europe, be it in Asia,\" Guiony said. \"All in all, frankly, we cannot complain.\"\nLVMH last year completed the acquisition of Tiffany's, the jewelry brand, in a $15.8 billion deal.\n\"The integration of Tiffany is not a six-month job, it's something that will last for a number of quarters and the objective is not just to integrate, is to develop the business up to the level that we think the quality of the brand could generate, so it is a long-term job,\" he added.\nLVMHshares are up about 32.8% year-to-date.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129046574,"gmtCreate":1624347814998,"gmtModify":1703834081227,"author":{"id":"4087448669073090","authorId":"4087448669073090","name":"GELLIE85","avatar":"https://static.tigerbbs.com/759bd3761709de8f307f58712501d3db","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087448669073090","authorIdStr":"4087448669073090"},"themes":[],"htmlText":"Like and share","listText":"Like and share","text":"Like and share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129046574","repostId":"2145803031","repostType":4,"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129046322,"gmtCreate":1624347758766,"gmtModify":1703834080411,"author":{"id":"4087448669073090","authorId":"4087448669073090","name":"GELLIE85","avatar":"https://static.tigerbbs.com/759bd3761709de8f307f58712501d3db","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087448669073090","authorIdStr":"4087448669073090"},"themes":[],"htmlText":"Like and share","listText":"Like and share","text":"Like and share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129046322","repostId":"2145803031","repostType":4,"repost":{"id":"2145803031","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624344420,"share":"https://ttm.financial/m/news/2145803031?lang=&edition=fundamental","pubTime":"2021-06-22 14:47","market":"hk","language":"en","title":"10, 30-year Treasury yields recover overnight dip to stage solid post-Fed climb Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=2145803031","media":"Dow Jones","summary":"Yields for benchmark bonds on Monday climb higher on the long-end for the curve, with the long bond ","content":"<p>Yields for benchmark bonds on Monday climb higher on the long-end for the curve, with the long bond notching its sharpest yield climb since March. The moves come as investors continue to position following a Federal Reserve update last week that was interpreted as more inclined to end pandemic-era accommodations sooner than later, even as the central bank views surging pricing pressures as likely to be short-lived.</p>\n<p><b>How Treasurys performed</b></p>\n<p>Fixed-income drivers</p>\n<p>Strategists didn't offer an clear reason why yields turned lower and then popped up, but some attribute it to bearish positioning, with investors forced to unwind bets that prices would head lower, pushing yields higher.</p>\n<p>Read:Markets are sending 'peculiar' signals as Fed changes tune--here's what they mean</p>\n<p>In theory, the Fed's stance that post-COVID inflation pressures should be short-lived and the expectation that the Fed could begin raising rates as early as late 2022 or early 2023, should be nudging yields higher.</p>\n<p>But bond yields, which move opposite to prices, have been reluctant to hold higher for an extended period in benchmark 30-year and 10-year Treasurys, which are used to price everything from mortgages to corporate bonds.</p>\n<p>On Monday, both St. Louis Fed President James Bullard and Dallas Fed President Rob Kaplan said they expect the pace of inflation next year to remain above the central bank's target.</p>\n<p>Last Friday, Bullard, in interview with CNBC, suggested that he would be inclined to see the Fed lift interest rates by late 2022 and said that Fed Chairman Jerome Powell has effectively opened the door to tapering the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The market will hear from Powell again on Tuesday when he testifies before the House select subcommittee on the impact of the coronavirus on the economy.</p>\n<p><b>What strategists said</b></p>\n<p>Inflation-themed \"trades such as a bear-steepening of the curve and a weaker dollar depend on the Fed remaining dovish, with the implication that a hawkish Fed would move markets in reverse,\" wrote Alex Pelle and Steven Ricchiuto, U.S. economists at Mizuho, in an afternoon note.</p>\n<p>\"Our view is that Powell remains solidly on the dovish end of the FOMC, but he is a Chair trying to manage an increasingly factious committee as incoming inflation data surprises to the upside.\"</p>\n<p>Still, the trajectory of monetary, including any pullback, will hinge on the labor market recovery, the team wrote, adding that with the \"realistic unemployment rate closer to 7.9%,\" realizing the \"gargantuan task\" of a 4.5% unemployment rate by year-end would be difficult and \"require job growth averaging around 900K job additions per month for the next 6 months.\"</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>10, 30-year Treasury yields recover overnight dip to stage solid post-Fed climb Monday</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\">\n10, 30-year Treasury yields recover overnight dip to stage solid post-Fed climb Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-22 14:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Yields for benchmark bonds on Monday climb higher on the long-end for the curve, with the long bond notching its sharpest yield climb since March. The moves come as investors continue to position following a Federal Reserve update last week that was interpreted as more inclined to end pandemic-era accommodations sooner than later, even as the central bank views surging pricing pressures as likely to be short-lived.</p>\n<p><b>How Treasurys performed</b></p>\n<p>Fixed-income drivers</p>\n<p>Strategists didn't offer an clear reason why yields turned lower and then popped up, but some attribute it to bearish positioning, with investors forced to unwind bets that prices would head lower, pushing yields higher.</p>\n<p>Read:Markets are sending 'peculiar' signals as Fed changes tune--here's what they mean</p>\n<p>In theory, the Fed's stance that post-COVID inflation pressures should be short-lived and the expectation that the Fed could begin raising rates as early as late 2022 or early 2023, should be nudging yields higher.</p>\n<p>But bond yields, which move opposite to prices, have been reluctant to hold higher for an extended period in benchmark 30-year and 10-year Treasurys, which are used to price everything from mortgages to corporate bonds.</p>\n<p>On Monday, both St. Louis Fed President James Bullard and Dallas Fed President Rob Kaplan said they expect the pace of inflation next year to remain above the central bank's target.</p>\n<p>Last Friday, Bullard, in interview with CNBC, suggested that he would be inclined to see the Fed lift interest rates by late 2022 and said that Fed Chairman Jerome Powell has effectively opened the door to tapering the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The market will hear from Powell again on Tuesday when he testifies before the House select subcommittee on the impact of the coronavirus on the economy.</p>\n<p><b>What strategists said</b></p>\n<p>Inflation-themed \"trades such as a bear-steepening of the curve and a weaker dollar depend on the Fed remaining dovish, with the implication that a hawkish Fed would move markets in reverse,\" wrote Alex Pelle and Steven Ricchiuto, U.S. economists at Mizuho, in an afternoon note.</p>\n<p>\"Our view is that Powell remains solidly on the dovish end of the FOMC, but he is a Chair trying to manage an increasingly factious committee as incoming inflation data surprises to the upside.\"</p>\n<p>Still, the trajectory of monetary, including any pullback, will hinge on the labor market recovery, the team wrote, adding that with the \"realistic unemployment rate closer to 7.9%,\" realizing the \"gargantuan task\" of a 4.5% unemployment rate by year-end would be difficult and \"require job growth averaging around 900K job additions per month for the next 6 months.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145803031","content_text":"Yields for benchmark bonds on Monday climb higher on the long-end for the curve, with the long bond notching its sharpest yield climb since March. The moves come as investors continue to position following a Federal Reserve update last week that was interpreted as more inclined to end pandemic-era accommodations sooner than later, even as the central bank views surging pricing pressures as likely to be short-lived.\nHow Treasurys performed\nFixed-income drivers\nStrategists didn't offer an clear reason why yields turned lower and then popped up, but some attribute it to bearish positioning, with investors forced to unwind bets that prices would head lower, pushing yields higher.\nRead:Markets are sending 'peculiar' signals as Fed changes tune--here's what they mean\nIn theory, the Fed's stance that post-COVID inflation pressures should be short-lived and the expectation that the Fed could begin raising rates as early as late 2022 or early 2023, should be nudging yields higher.\nBut bond yields, which move opposite to prices, have been reluctant to hold higher for an extended period in benchmark 30-year and 10-year Treasurys, which are used to price everything from mortgages to corporate bonds.\nOn Monday, both St. Louis Fed President James Bullard and Dallas Fed President Rob Kaplan said they expect the pace of inflation next year to remain above the central bank's target.\nLast Friday, Bullard, in interview with CNBC, suggested that he would be inclined to see the Fed lift interest rates by late 2022 and said that Fed Chairman Jerome Powell has effectively opened the door to tapering the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe market will hear from Powell again on Tuesday when he testifies before the House select subcommittee on the impact of the coronavirus on the economy.\nWhat strategists said\nInflation-themed \"trades such as a bear-steepening of the curve and a weaker dollar depend on the Fed remaining dovish, with the implication that a hawkish Fed would move markets in reverse,\" wrote Alex Pelle and Steven Ricchiuto, U.S. economists at Mizuho, in an afternoon note.\n\"Our view is that Powell remains solidly on the dovish end of the FOMC, but he is a Chair trying to manage an increasingly factious committee as incoming inflation data surprises to the upside.\"\nStill, the trajectory of monetary, including any pullback, will hinge on the labor market recovery, the team wrote, adding that with the \"realistic unemployment rate closer to 7.9%,\" realizing the \"gargantuan task\" of a 4.5% unemployment rate by year-end would be difficult and \"require job growth averaging around 900K job additions per month for the next 6 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