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Mega1314
Mega1314
·
09-27
$TSLA 20250926 462.5 CALL$
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Mega1314
Mega1314
·
2021-09-10
Huat
Sorry, this post has been deleted
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Mega1314
Mega1314
·
2021-08-31
Who wants to join live conference?
UP Fintech Holding Limited to Report Second Quarter 2021 Financial Results on September 10, 2021
BEIJING, Aug. 27, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”
UP Fintech Holding Limited to Report Second Quarter 2021 Financial Results on September 10, 2021
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Mega1314
Mega1314
·
2021-08-30
$NVIDIA Corp(NVDA)$
share for coins
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Mega1314
Mega1314
·
2021-08-02
$Tiger Brokers(TIGR)$
So strange that pre market is so quiet today, at Tigr.
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Mega1314
Mega1314
·
2021-06-23
Tiger has helped many enterprises with IPO. Keep it up!
老虎證券任分銷商助力滿幫集團赴美上市 首日開盤漲幅達16%
@TigerBrokers:
截止目前,2021年上半年IPO規模最大的中概股花落滿幫集團。美東時間6月22日,世界最大的數字貨運平臺滿幫集團成功掛牌紐交所,首日開盤漲幅達16%。老虎證券作爲滿幫集團IPO分銷商,貢獻訂單份額7.5億美元,參與認購人數達4.1萬人,“貨運第一股”IPO的市場參與度頗高。滿幫集團由“貨車幫”和“運滿滿”合併後成立。貨車幫和運滿滿分別成立於2011年和2013年,兩家公司迅速成長爲中國領先的數字貨運平臺。滿幫集團通過建立標準化的貨運交易流程,搭建了直連貨主與司機的線上數字貨運平臺,實現了貨主高效找車、司機快速找貨的功能,減少卡車空駛及配貨等待時間,全面提升公路運輸效率。截至2020年底,滿幫業務覆蓋全國超過300座城市,平臺上卡車數量達280萬,線路覆蓋超過10萬條,高度密集的全國線路網,形成巨大的網絡效應。招股書顯示,滿幫集團是世界上最大的數字貨運平臺。基於平臺上龐大的用戶基礎,老虎證券此次擔任滿幫集團赴美上市分銷商,助力發行人精準觸及美股投資圈併成功發行,在擴大公司在投資者中的知名度的同時,爲公司拓寬了投資者來源。在機構側,老虎證券也貢獻了相當份額的訂單。入局投行兩年多來,老虎證券持續領銜美股中概股承銷和分銷,與國際知名大行共登招股書封面,並數次作爲承銷團中唯一或獲配份額最多的互聯網科技投行。2020年,老虎證券承銷14宗中概股赴美上市。進入2021年,老虎擔任庫客音樂赴美上市的牽頭行主導IPO項目推進,投行能力持續加碼,並助力知乎、BOSS直聘等明星企業在美股上市。與此同時,老虎證券投行業務國際化進程取得重要進展,上半年承銷嗶哩嗶哩、汽車之家等3宗港股IPO。“赴美上市的新經濟企業對老虎證券非常信賴。對於市值50億美元以上的美股中概股項目,老虎證券投行合作覆蓋率達到100%。”老虎證券投行業務負責人表示,“大多新經濟企業都還很年輕,又是首次在海外上市,對於過程中需要避
老虎證券任分銷商助力滿幫集團赴美上市 首日開盤漲幅達16%
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Mega1314
Mega1314
·
2021-06-12
INFLATION HISTORY
以史为鉴,美国通胀飙升后的演绎与影响
美国东部时间2021年6月10日,美国劳工部发布5月通胀数据。美国5月CPI同比升5.0%、核心CPI同比升3.8%,创2008年8月以来最大增幅。今年年初以来,美国通胀率加速上升,美联储6月议息会议在即,市场上通胀担忧挥之不去。我们回顾了历史上美国通胀的几次飙升,以便更好地理解本次的通胀及其影响:。1960年以来美国CPI同比破5%出现了4次(图1)。本次通胀飙升的主要原因在于疫情下的基数效应和供给短缺。房租价格走势对未来通胀的演绎有重要影响。
以史为鉴,美国通胀飙升后的演绎与影响
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Mega1314
Mega1314
·
2021-06-12
TIGER IS HERE!!!
以史为鉴,美国通胀飙升后的演绎与影响
美国东部时间2021年6月10日,美国劳工部发布5月通胀数据。美国5月CPI同比升5.0%、核心CPI同比升3.8%,创2008年8月以来最大增幅。今年年初以来,美国通胀率加速上升,美联储6月议息会议在即,市场上通胀担忧挥之不去。我们回顾了历史上美国通胀的几次飙升,以便更好地理解本次的通胀及其影响:。1960年以来美国CPI同比破5%出现了4次(图1)。本次通胀飙升的主要原因在于疫情下的基数效应和供给短缺。房租价格走势对未来通胀的演绎有重要影响。
以史为鉴,美国通胀飙升后的演绎与影响
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Mega1314
Mega1314
·
2021-06-12
AAA AWARDS TIGER TIGER TIGER
Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021
June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable
Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021
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Mega1314
Mega1314
·
2021-06-10
Tiger Tiger Tiger
老虎證券股價持續拉昇,其CEO透露擬佈局數字貨幣
@美股研究社:
美股研究社消息,智通財經APP獲悉,6月9日(週三),$老虎證券(TIGR)$ 持續拉昇,截至北京時間23:48,該股漲12%,報28.1美元,老虎證券宣佈完成650萬股ADS增發,融資1.6億美元。另外,在此前的一季報電話會議中,老虎證券CEO巫天華透露擬佈局數字貨幣。巫天華表示,最近一兩年來,數字貨幣比如比特幣已經開始逐步被一部分主流機構來接受,成爲他們資產配置的一部分。 本文來源:美股研究社,轉載請註明版權
老虎證券股價持續拉昇,其CEO透露擬佈局數字貨幣
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(GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”","content":"<p>BEIJING, Aug. 27, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that it will report its financial results for the second quarter ended June 30, 2021 before the U.S. market opens on September 10, 2021.</p><p>UP Fintech’s management will hold an earnings conference call at 8:00 AM on September 10, 2021, U.S. Eastern Time (8:00 PM on September 10, 2021 Beijing/Hong Kong Time).</p><p><b>Conference Call Information:</b></p><p>Due to the outbreak of COVID-19, operator assisted conference calls are not available at this time. All participants wishing to attend the call must preregister online before they may receive the dial-in numbers. Preregistration may require a few minutes to complete. UP Fintech would like to apologize for any inconvenience caused by not having an operator.</p><p><b>Preregistration Information:</b></p><p>Participants may register for the conference call by navigating to:http://apac.directeventreg.com/registration/event/3996772</p><p>Once preregistration has been complete, participants will receive dial-in numbers, direct event passcode, and registrant id. The conference ID: is 3996772</p><p>To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your PIN, and you will join the conference instantly.</p><p>A telephone replay of the call will be available after the conclusion of the conference call through September 24, 2021. Dial-in numbers for the replay are as follows:</p><p>International: +61 2 8199 0299</p><p>Passcode: 3996772</p><p>A live and archived webcast of the conference call will be available athttps://ir.itiger.com.</p><p><b>About UP Fintech Holding Limited</b></p><p>UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses. For more information on the Company, please visit:https://ir.itiger.com.</p><p><b>Investor Relations Contact</b></p><p>Mr. Clark S. Soucy</p><p>UP Fintech Holding Limited</p><p>Email:ir@itiger.com</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>UP Fintech Holding Limited to Report Second Quarter 2021 Financial Results on September 10, 2021</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\">\nUP Fintech Holding Limited to Report Second Quarter 2021 Financial Results on September 10, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-27 14:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, Aug. 27, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that it will report its financial results for the second quarter ended June 30, 2021 before the U.S. market opens on September 10, 2021.</p><p>UP Fintech’s management will hold an earnings conference call at 8:00 AM on September 10, 2021, U.S. Eastern Time (8:00 PM on September 10, 2021 Beijing/Hong Kong Time).</p><p><b>Conference Call Information:</b></p><p>Due to the outbreak of COVID-19, operator assisted conference calls are not available at this time. All participants wishing to attend the call must preregister online before they may receive the dial-in numbers. Preregistration may require a few minutes to complete. UP Fintech would like to apologize for any inconvenience caused by not having an operator.</p><p><b>Preregistration Information:</b></p><p>Participants may register for the conference call by navigating to:http://apac.directeventreg.com/registration/event/3996772</p><p>Once preregistration has been complete, participants will receive dial-in numbers, direct event passcode, and registrant id. The conference ID: is 3996772</p><p>To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your PIN, and you will join the conference instantly.</p><p>A telephone replay of the call will be available after the conclusion of the conference call through September 24, 2021. Dial-in numbers for the replay are as follows:</p><p>International: +61 2 8199 0299</p><p>Passcode: 3996772</p><p>A live and archived webcast of the conference call will be available athttps://ir.itiger.com.</p><p><b>About UP Fintech Holding Limited</b></p><p>UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses. For more information on the Company, please visit:https://ir.itiger.com.</p><p><b>Investor Relations Contact</b></p><p>Mr. Clark S. Soucy</p><p>UP Fintech Holding Limited</p><p>Email:ir@itiger.com</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155996171","content_text":"BEIJING, Aug. 27, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that it will report its financial results for the second quarter ended June 30, 2021 before the U.S. market opens on September 10, 2021.UP Fintech’s management will hold an earnings conference call at 8:00 AM on September 10, 2021, U.S. Eastern Time (8:00 PM on September 10, 2021 Beijing/Hong Kong Time).Conference Call Information:Due to the outbreak of COVID-19, operator assisted conference calls are not available at this time. All participants wishing to attend the call must preregister online before they may receive the dial-in numbers. Preregistration may require a few minutes to complete. UP Fintech would like to apologize for any inconvenience caused by not having an operator.Preregistration Information:Participants may register for the conference call by navigating to:http://apac.directeventreg.com/registration/event/3996772Once preregistration has been complete, participants will receive dial-in numbers, direct event passcode, and registrant id. The conference ID: is 3996772To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your PIN, and you will join the conference instantly.A telephone replay of the call will be available after the conclusion of the conference call through September 24, 2021. Dial-in numbers for the replay are as follows:International: +61 2 8199 0299Passcode: 3996772A live and archived webcast of the conference call will be available athttps://ir.itiger.com.About UP Fintech Holding LimitedUP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses. For more information on the Company, please visit:https://ir.itiger.com.Investor Relations ContactMr. Clark S. SoucyUP Fintech Holding LimitedEmail:ir@itiger.com","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":1292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811374696,"gmtCreate":1630293306115,"gmtModify":1676530259629,"author":{"id":"3569873224808379","authorId":"3569873224808379","name":"Mega1314","avatar":"https://static.tigerbbs.com/238d1fc7e659b1863ba570d82738c476","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3569873224808379","idStr":"3569873224808379"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a>share for coins","listText":"<a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a>share for coins","text":"$NVIDIA Corp(NVDA)$share for coins","images":[{"img":"https://static.tigerbbs.com/0a7aa7ade99f98cd64d8ddef419d6274","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811374696","isVote":1,"tweetType":1,"viewCount":1056,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":805794426,"gmtCreate":1627905343165,"gmtModify":1703497557165,"author":{"id":"3569873224808379","authorId":"3569873224808379","name":"Mega1314","avatar":"https://static.tigerbbs.com/238d1fc7e659b1863ba570d82738c476","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3569873224808379","idStr":"3569873224808379"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>So strange that pre market is so quiet today, at Tigr.","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>So strange that pre market is so quiet today, at Tigr.","text":"$Tiger Brokers(TIGR)$So strange that pre market is so quiet today, at Tigr.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805794426","isVote":1,"tweetType":1,"viewCount":1230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123949062,"gmtCreate":1624407393456,"gmtModify":1703835631907,"author":{"id":"3569873224808379","authorId":"3569873224808379","name":"Mega1314","avatar":"https://static.tigerbbs.com/238d1fc7e659b1863ba570d82738c476","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3569873224808379","idStr":"3569873224808379"},"themes":[],"htmlText":"Tiger has helped many enterprises with IPO. Keep it up!","listText":"Tiger has helped many enterprises with IPO. Keep it up!","text":"Tiger has helped many enterprises with IPO. Keep it up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123949062","repostId":"129453566","repostType":1,"repost":{"id":129453566,"gmtCreate":1624382973955,"gmtModify":1703835199188,"author":{"id":"36992157811200","authorId":"36992157811200","name":"TigerBrokers","avatar":"https://static.tigerbbs.com/801219a1b6ce93d3dd574afc3dcc9be9","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"36992157811200","idStr":"36992157811200"},"themes":[],"title":"老虎證券任分銷商助力滿幫集團赴美上市 首日開盤漲幅達16%","htmlText":"截止目前,2021年上半年IPO規模最大的中概股花落滿幫集團。美東時間6月22日,世界最大的數字貨運平臺滿幫集團成功掛牌紐交所,首日開盤漲幅達16%。老虎證券作爲滿幫集團IPO分銷商,貢獻訂單份額7.5億美元,參與認購人數達4.1萬人,“貨運第一股”IPO的市場參與度頗高。滿幫集團由“貨車幫”和“運滿滿”合併後成立。貨車幫和運滿滿分別成立於2011年和2013年,兩家公司迅速成長爲中國領先的數字貨運平臺。滿幫集團通過建立標準化的貨運交易流程,搭建了直連貨主與司機的線上數字貨運平臺,實現了貨主高效找車、司機快速找貨的功能,減少卡車空駛及配貨等待時間,全面提升公路運輸效率。截至2020年底,滿幫業務覆蓋全國超過300座城市,平臺上卡車數量達280萬,線路覆蓋超過10萬條,高度密集的全國線路網,形成巨大的網絡效應。招股書顯示,滿幫集團是世界上最大的數字貨運平臺。基於平臺上龐大的用戶基礎,老虎證券此次擔任滿幫集團赴美上市分銷商,助力發行人精準觸及美股投資圈併成功發行,在擴大公司在投資者中的知名度的同時,爲公司拓寬了投資者來源。在機構側,老虎證券也貢獻了相當份額的訂單。入局投行兩年多來,老虎證券持續領銜美股中概股承銷和分銷,與國際知名大行共登招股書封面,並數次作爲承銷團中唯一或獲配份額最多的互聯網科技投行。2020年,老虎證券承銷14宗中概股赴美上市。進入2021年,老虎擔任庫客音樂赴美上市的牽頭行主導IPO項目推進,投行能力持續加碼,並助力知乎、BOSS直聘等明星企業在美股上市。與此同時,老虎證券投行業務國際化進程取得重要進展,上半年承銷嗶哩嗶哩、汽車之家等3宗港股IPO。“赴美上市的新經濟企業對老虎證券非常信賴。對於市值50億美元以上的美股中概股項目,老虎證券投行合作覆蓋率達到100%。”老虎證券投行業務負責人表示,“大多新經濟企業都還很年輕,又是首次在海外上市,對於過程中需要避","listText":"截止目前,2021年上半年IPO規模最大的中概股花落滿幫集團。美東時間6月22日,世界最大的數字貨運平臺滿幫集團成功掛牌紐交所,首日開盤漲幅達16%。老虎證券作爲滿幫集團IPO分銷商,貢獻訂單份額7.5億美元,參與認購人數達4.1萬人,“貨運第一股”IPO的市場參與度頗高。滿幫集團由“貨車幫”和“運滿滿”合併後成立。貨車幫和運滿滿分別成立於2011年和2013年,兩家公司迅速成長爲中國領先的數字貨運平臺。滿幫集團通過建立標準化的貨運交易流程,搭建了直連貨主與司機的線上數字貨運平臺,實現了貨主高效找車、司機快速找貨的功能,減少卡車空駛及配貨等待時間,全面提升公路運輸效率。截至2020年底,滿幫業務覆蓋全國超過300座城市,平臺上卡車數量達280萬,線路覆蓋超過10萬條,高度密集的全國線路網,形成巨大的網絡效應。招股書顯示,滿幫集團是世界上最大的數字貨運平臺。基於平臺上龐大的用戶基礎,老虎證券此次擔任滿幫集團赴美上市分銷商,助力發行人精準觸及美股投資圈併成功發行,在擴大公司在投資者中的知名度的同時,爲公司拓寬了投資者來源。在機構側,老虎證券也貢獻了相當份額的訂單。入局投行兩年多來,老虎證券持續領銜美股中概股承銷和分銷,與國際知名大行共登招股書封面,並數次作爲承銷團中唯一或獲配份額最多的互聯網科技投行。2020年,老虎證券承銷14宗中概股赴美上市。進入2021年,老虎擔任庫客音樂赴美上市的牽頭行主導IPO項目推進,投行能力持續加碼,並助力知乎、BOSS直聘等明星企業在美股上市。與此同時,老虎證券投行業務國際化進程取得重要進展,上半年承銷嗶哩嗶哩、汽車之家等3宗港股IPO。“赴美上市的新經濟企業對老虎證券非常信賴。對於市值50億美元以上的美股中概股項目,老虎證券投行合作覆蓋率達到100%。”老虎證券投行業務負責人表示,“大多新經濟企業都還很年輕,又是首次在海外上市,對於過程中需要避","text":"截止目前,2021年上半年IPO規模最大的中概股花落滿幫集團。美東時間6月22日,世界最大的數字貨運平臺滿幫集團成功掛牌紐交所,首日開盤漲幅達16%。老虎證券作爲滿幫集團IPO分銷商,貢獻訂單份額7.5億美元,參與認購人數達4.1萬人,“貨運第一股”IPO的市場參與度頗高。滿幫集團由“貨車幫”和“運滿滿”合併後成立。貨車幫和運滿滿分別成立於2011年和2013年,兩家公司迅速成長爲中國領先的數字貨運平臺。滿幫集團通過建立標準化的貨運交易流程,搭建了直連貨主與司機的線上數字貨運平臺,實現了貨主高效找車、司機快速找貨的功能,減少卡車空駛及配貨等待時間,全面提升公路運輸效率。截至2020年底,滿幫業務覆蓋全國超過300座城市,平臺上卡車數量達280萬,線路覆蓋超過10萬條,高度密集的全國線路網,形成巨大的網絡效應。招股書顯示,滿幫集團是世界上最大的數字貨運平臺。基於平臺上龐大的用戶基礎,老虎證券此次擔任滿幫集團赴美上市分銷商,助力發行人精準觸及美股投資圈併成功發行,在擴大公司在投資者中的知名度的同時,爲公司拓寬了投資者來源。在機構側,老虎證券也貢獻了相當份額的訂單。入局投行兩年多來,老虎證券持續領銜美股中概股承銷和分銷,與國際知名大行共登招股書封面,並數次作爲承銷團中唯一或獲配份額最多的互聯網科技投行。2020年,老虎證券承銷14宗中概股赴美上市。進入2021年,老虎擔任庫客音樂赴美上市的牽頭行主導IPO項目推進,投行能力持續加碼,並助力知乎、BOSS直聘等明星企業在美股上市。與此同時,老虎證券投行業務國際化進程取得重要進展,上半年承銷嗶哩嗶哩、汽車之家等3宗港股IPO。“赴美上市的新經濟企業對老虎證券非常信賴。對於市值50億美元以上的美股中概股項目,老虎證券投行合作覆蓋率達到100%。”老虎證券投行業務負責人表示,“大多新經濟企業都還很年輕,又是首次在海外上市,對於過程中需要避","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129453566","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188406673,"gmtCreate":1623457390792,"gmtModify":1704204051224,"author":{"id":"3569873224808379","authorId":"3569873224808379","name":"Mega1314","avatar":"https://static.tigerbbs.com/238d1fc7e659b1863ba570d82738c476","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3569873224808379","idStr":"3569873224808379"},"themes":[],"htmlText":"INFLATION HISTORY","listText":"INFLATION HISTORY","text":"INFLATION HISTORY","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188406673","repostId":"1156453091","repostType":2,"repost":{"id":"1156453091","kind":"news","pubTimestamp":1623333482,"share":"https://ttm.financial/m/news/1156453091?lang=&edition=fundamental","pubTime":"2021-06-10 21:58","market":"us","language":"zh","title":"以史为鉴,美国通胀飙升后的演绎与影响","url":"https://stock-news.laohu8.com/highlight/detail?id=1156453091","media":"川阅全球宏观","summary":"美国东部时间2021年6月10日,美国劳工部发布5月通胀数据。美国5月CPI同比升5.0%、核心CPI同比升3.8%,创2008年8月以来最大增幅。今年年初以来,美国通胀率加速上升,美联储6月议息会议在即,市场上通胀担忧挥之不去。我们回顾了历史上美国通胀的几次飙升,以便更好地理解本次的通胀及其影响:。1960年以来美国CPI同比破5%出现了4次(图1)。本次通胀飙升的主要原因在于疫情下的基数效应和供给短缺。房租价格走势对未来通胀的演绎有重要影响。","content":"<p>美国东部时间2021年6月10日,美国劳工部发布5月通胀数据。<b>美国5月CPI同比升5.0%、核心CPI同比升3.8%,创2008年8月以来最大增幅。今年年初以来,美国通胀率加速上升,美联储6月议息会议在即,市场上通胀担忧挥之不去。</b>我们回顾了历史上美国通胀的几次飙升,以便更好地理解本次的通胀及其影响:</p>\n<p><b>1960年以来美国CPI同比破5%出现了4次</b>(图1)。我们对CPI破4%、破5%至回落期间的经济基本面和美联储政策进行了复盘(表1)。</p>\n<p><b>1968/06-1971/09</b>:经济陷入衰退,但前期大幅政府开支与财政刺激的余温仍在,通胀持续上升,美联储在1970年收紧货币政策以抑制通胀。</p>\n<p><b>1973/03-1982/11:</b>粮食危机和石油危机的双重打击下,美国经济陷入滞胀,供给冲击与成本推升通胀。政府价格管制失败,货币政策缺乏独立性并且过于滞后,未能成功抑制通胀。</p>\n<p><b>1987/08-1991/07:</b>走出滞胀后,美国经济经历了高速增长,但1987年开始经济增速放缓,并出现工资和价格上涨压力,美联储收紧货币政策。</p>\n<p><b>2007/11-2008/09:</b>油价飙升推升通胀,金融危机爆发,美联储货币政策的首要任务在于救市,通胀不在其重点关注范围内。</p>\n<p><b>当前的通胀和1973-1982年通胀的成因较为相似,均为成本推动。</b></p>\n<p><img src=\"https://static.tigerbbs.com/327f6f12c3af30abee8fa0ae334f9763\" tg-width=\"1006\" tg-height=\"611\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0ca353ebcbaf95ba1da0b46a815d5f8b\" tg-width=\"1025\" tg-height=\"853\" referrerpolicy=\"no-referrer\"></p>\n<p><b>本次通胀飙升的主要原因在于疫情下的基数效应和供给短缺。</b>今年5月美国CPI录得5.0%(为2008年8月以来的最高水平),但是<b>从CPI指数角度,2021年5月相对于2019年5月的复合增速仅为2.5%。</b></p>\n<p><b>对于今年通胀的演绎,我们重点关注二手车和房租两个分项。</b></p>\n<p><b>通胀的主要推力之一为二手车。</b>东南亚疫情恶化下多地芯片厂停工,芯片短缺导致车企减产。新车供应不足,二手车需求剧增,价格飙升(图2)。根据Manheim数据,2021年二手车售价增幅超越新车(图3)。此外,5月其他交通相关的价格涨幅进一步扩大,交通服务价格增幅从4月的5.6%扩大至11.2%,增幅翻倍。</p>\n<p><img src=\"https://static.tigerbbs.com/884ed39a8682a3df05e8411f17f2105c\" tg-width=\"995\" tg-height=\"585\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/599b70f4fadb590d0d7b20254d4b1403\" tg-width=\"1080\" tg-height=\"738\" referrerpolicy=\"no-referrer\"></p>\n<p><b>房租价格走势对未来通胀的演绎有重要影响。</b>美国CPI中房租的权重较高(约30%),尽管相对于其它分项,房租的增速相对温和(今年5月同比增2.2%),但年初以来增速斜率陡峭化(图4),我们<b>预计受到供给短缺的影响,未来房租将会持续温和地上升</b>。</p>\n<p><img src=\"https://static.tigerbbs.com/869c4f313152d3a14769097f150fb674\" tg-width=\"1021\" tg-height=\"644\" referrerpolicy=\"no-referrer\"></p>\n<p><b>通胀预期走势如何?</b></p>\n<p>从消费者的角度,密西根预期通胀率数据显示,2<b>021年5月美国消费者5年通胀预期从上月的2.7%跳升至3.0%(图5),但是仍然低于美联储可以容忍的3.5%。</b></p>\n<p>从政策制定者角度,如我们此前报告所述,美联储注重通胀预期的监测,关键指标为<b>共同通胀预期指数(CIE),CIE为季度数据,预计2021年二季度的数据将于本月底公布。</b></p>\n<p><img src=\"https://static.tigerbbs.com/21708bec0c792eb9299eda62ba3cd077\" tg-width=\"1080\" tg-height=\"666\" referrerpolicy=\"no-referrer\"></p>\n<p><b>未来通胀将会怎样影响资产价格?</b></p>\n<p>我们复盘了上述四次大通胀中,CPI破4%后不同时间区间内美元、美股和美债收益率的变化(表2):<b>通胀对于美元、美股存在负面影响,前者较为滞后,后者1个月内即有体现。</b>有趣的是,通胀对于美债收益率的影响不具规律性,关于美债的研究框架,请参考我们此前的报告。</p>\n<p><img src=\"https://static.tigerbbs.com/037d9e565ff952b13c942386e8d08506\" tg-width=\"1059\" tg-height=\"599\" referrerpolicy=\"no-referrer\"></p>\n<p><b>风险提示:</b>美联储过快收紧货币政策,地缘政治风险加剧</p>\n<hr>\n<p>恭喜您找到了字母E,参与《老虎大搜查》活动,下帖留言“ Tiger is here” 即可获赠100虎币,如集齐7张图片并留言,还可获赠7周年限定礼盒。(详情请点击<a href=\"https://laohu8.com/TW/181890541\" target=\"_blank\">【七周年有奖活动】老虎大搜查 </a>了解)</p>\n<p><img src=\"https://static.tigerbbs.com/b519142d901e1ef1ff2a2e443798687b\" tg-width=\"214\" tg-height=\"286\"></p>","source":"lsy1582083733592","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>以史为鉴,美国通胀飙升后的演绎与影响</title>\n<style 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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\">\n以史为鉴,美国通胀飙升后的演绎与影响\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 21:58 北京时间 <a href=https://www.zhitongcaijing.com/content/detail/492521.html><strong>川阅全球宏观</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>美国东部时间2021年6月10日,美国劳工部发布5月通胀数据。美国5月CPI同比升5.0%、核心CPI同比升3.8%,创2008年8月以来最大增幅。今年年初以来,美国通胀率加速上升,美联储6月议息会议在即,市场上通胀担忧挥之不去。我们回顾了历史上美国通胀的几次飙升,以便更好地理解本次的通胀及其影响:\n1960年以来美国CPI同比破5%出现了4次(图1)。我们对CPI破4%、破5%至回落期间的经济...</p>\n\n<a href=\"https://www.zhitongcaijing.com/content/detail/492521.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/93c3dba7c4b0e443e40fe6df5639434d","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.zhitongcaijing.com/content/detail/492521.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156453091","content_text":"美国东部时间2021年6月10日,美国劳工部发布5月通胀数据。美国5月CPI同比升5.0%、核心CPI同比升3.8%,创2008年8月以来最大增幅。今年年初以来,美国通胀率加速上升,美联储6月议息会议在即,市场上通胀担忧挥之不去。我们回顾了历史上美国通胀的几次飙升,以便更好地理解本次的通胀及其影响:\n1960年以来美国CPI同比破5%出现了4次(图1)。我们对CPI破4%、破5%至回落期间的经济基本面和美联储政策进行了复盘(表1)。\n1968/06-1971/09:经济陷入衰退,但前期大幅政府开支与财政刺激的余温仍在,通胀持续上升,美联储在1970年收紧货币政策以抑制通胀。\n1973/03-1982/11:粮食危机和石油危机的双重打击下,美国经济陷入滞胀,供给冲击与成本推升通胀。政府价格管制失败,货币政策缺乏独立性并且过于滞后,未能成功抑制通胀。\n1987/08-1991/07:走出滞胀后,美国经济经历了高速增长,但1987年开始经济增速放缓,并出现工资和价格上涨压力,美联储收紧货币政策。\n2007/11-2008/09:油价飙升推升通胀,金融危机爆发,美联储货币政策的首要任务在于救市,通胀不在其重点关注范围内。\n当前的通胀和1973-1982年通胀的成因较为相似,均为成本推动。\n\n本次通胀飙升的主要原因在于疫情下的基数效应和供给短缺。今年5月美国CPI录得5.0%(为2008年8月以来的最高水平),但是从CPI指数角度,2021年5月相对于2019年5月的复合增速仅为2.5%。\n对于今年通胀的演绎,我们重点关注二手车和房租两个分项。\n通胀的主要推力之一为二手车。东南亚疫情恶化下多地芯片厂停工,芯片短缺导致车企减产。新车供应不足,二手车需求剧增,价格飙升(图2)。根据Manheim数据,2021年二手车售价增幅超越新车(图3)。此外,5月其他交通相关的价格涨幅进一步扩大,交通服务价格增幅从4月的5.6%扩大至11.2%,增幅翻倍。\n\n房租价格走势对未来通胀的演绎有重要影响。美国CPI中房租的权重较高(约30%),尽管相对于其它分项,房租的增速相对温和(今年5月同比增2.2%),但年初以来增速斜率陡峭化(图4),我们预计受到供给短缺的影响,未来房租将会持续温和地上升。\n\n通胀预期走势如何?\n从消费者的角度,密西根预期通胀率数据显示,2021年5月美国消费者5年通胀预期从上月的2.7%跳升至3.0%(图5),但是仍然低于美联储可以容忍的3.5%。\n从政策制定者角度,如我们此前报告所述,美联储注重通胀预期的监测,关键指标为共同通胀预期指数(CIE),CIE为季度数据,预计2021年二季度的数据将于本月底公布。\n\n未来通胀将会怎样影响资产价格?\n我们复盘了上述四次大通胀中,CPI破4%后不同时间区间内美元、美股和美债收益率的变化(表2):通胀对于美元、美股存在负面影响,前者较为滞后,后者1个月内即有体现。有趣的是,通胀对于美债收益率的影响不具规律性,关于美债的研究框架,请参考我们此前的报告。\n\n风险提示:美联储过快收紧货币政策,地缘政治风险加剧\n\n恭喜您找到了字母E,参与《老虎大搜查》活动,下帖留言“ Tiger is here” 即可获赠100虎币,如集齐7张图片并留言,还可获赠7周年限定礼盒。(详情请点击【七周年有奖活动】老虎大搜查 了解)","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1687,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188401043,"gmtCreate":1623457328182,"gmtModify":1704204047321,"author":{"id":"3569873224808379","authorId":"3569873224808379","name":"Mega1314","avatar":"https://static.tigerbbs.com/238d1fc7e659b1863ba570d82738c476","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3569873224808379","idStr":"3569873224808379"},"themes":[],"htmlText":"TIGER IS HERE!!!","listText":"TIGER IS HERE!!!","text":"TIGER IS HERE!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188401043","repostId":"1156453091","repostType":2,"repost":{"id":"1156453091","kind":"news","pubTimestamp":1623333482,"share":"https://ttm.financial/m/news/1156453091?lang=&edition=fundamental","pubTime":"2021-06-10 21:58","market":"us","language":"zh","title":"以史为鉴,美国通胀飙升后的演绎与影响","url":"https://stock-news.laohu8.com/highlight/detail?id=1156453091","media":"川阅全球宏观","summary":"美国东部时间2021年6月10日,美国劳工部发布5月通胀数据。美国5月CPI同比升5.0%、核心CPI同比升3.8%,创2008年8月以来最大增幅。今年年初以来,美国通胀率加速上升,美联储6月议息会议在即,市场上通胀担忧挥之不去。我们回顾了历史上美国通胀的几次飙升,以便更好地理解本次的通胀及其影响:。1960年以来美国CPI同比破5%出现了4次(图1)。本次通胀飙升的主要原因在于疫情下的基数效应和供给短缺。房租价格走势对未来通胀的演绎有重要影响。","content":"<p>美国东部时间2021年6月10日,美国劳工部发布5月通胀数据。<b>美国5月CPI同比升5.0%、核心CPI同比升3.8%,创2008年8月以来最大增幅。今年年初以来,美国通胀率加速上升,美联储6月议息会议在即,市场上通胀担忧挥之不去。</b>我们回顾了历史上美国通胀的几次飙升,以便更好地理解本次的通胀及其影响:</p>\n<p><b>1960年以来美国CPI同比破5%出现了4次</b>(图1)。我们对CPI破4%、破5%至回落期间的经济基本面和美联储政策进行了复盘(表1)。</p>\n<p><b>1968/06-1971/09</b>:经济陷入衰退,但前期大幅政府开支与财政刺激的余温仍在,通胀持续上升,美联储在1970年收紧货币政策以抑制通胀。</p>\n<p><b>1973/03-1982/11:</b>粮食危机和石油危机的双重打击下,美国经济陷入滞胀,供给冲击与成本推升通胀。政府价格管制失败,货币政策缺乏独立性并且过于滞后,未能成功抑制通胀。</p>\n<p><b>1987/08-1991/07:</b>走出滞胀后,美国经济经历了高速增长,但1987年开始经济增速放缓,并出现工资和价格上涨压力,美联储收紧货币政策。</p>\n<p><b>2007/11-2008/09:</b>油价飙升推升通胀,金融危机爆发,美联储货币政策的首要任务在于救市,通胀不在其重点关注范围内。</p>\n<p><b>当前的通胀和1973-1982年通胀的成因较为相似,均为成本推动。</b></p>\n<p><img src=\"https://static.tigerbbs.com/327f6f12c3af30abee8fa0ae334f9763\" tg-width=\"1006\" tg-height=\"611\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0ca353ebcbaf95ba1da0b46a815d5f8b\" tg-width=\"1025\" tg-height=\"853\" referrerpolicy=\"no-referrer\"></p>\n<p><b>本次通胀飙升的主要原因在于疫情下的基数效应和供给短缺。</b>今年5月美国CPI录得5.0%(为2008年8月以来的最高水平),但是<b>从CPI指数角度,2021年5月相对于2019年5月的复合增速仅为2.5%。</b></p>\n<p><b>对于今年通胀的演绎,我们重点关注二手车和房租两个分项。</b></p>\n<p><b>通胀的主要推力之一为二手车。</b>东南亚疫情恶化下多地芯片厂停工,芯片短缺导致车企减产。新车供应不足,二手车需求剧增,价格飙升(图2)。根据Manheim数据,2021年二手车售价增幅超越新车(图3)。此外,5月其他交通相关的价格涨幅进一步扩大,交通服务价格增幅从4月的5.6%扩大至11.2%,增幅翻倍。</p>\n<p><img src=\"https://static.tigerbbs.com/884ed39a8682a3df05e8411f17f2105c\" tg-width=\"995\" tg-height=\"585\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/599b70f4fadb590d0d7b20254d4b1403\" tg-width=\"1080\" tg-height=\"738\" referrerpolicy=\"no-referrer\"></p>\n<p><b>房租价格走势对未来通胀的演绎有重要影响。</b>美国CPI中房租的权重较高(约30%),尽管相对于其它分项,房租的增速相对温和(今年5月同比增2.2%),但年初以来增速斜率陡峭化(图4),我们<b>预计受到供给短缺的影响,未来房租将会持续温和地上升</b>。</p>\n<p><img src=\"https://static.tigerbbs.com/869c4f313152d3a14769097f150fb674\" tg-width=\"1021\" tg-height=\"644\" referrerpolicy=\"no-referrer\"></p>\n<p><b>通胀预期走势如何?</b></p>\n<p>从消费者的角度,密西根预期通胀率数据显示,2<b>021年5月美国消费者5年通胀预期从上月的2.7%跳升至3.0%(图5),但是仍然低于美联储可以容忍的3.5%。</b></p>\n<p>从政策制定者角度,如我们此前报告所述,美联储注重通胀预期的监测,关键指标为<b>共同通胀预期指数(CIE),CIE为季度数据,预计2021年二季度的数据将于本月底公布。</b></p>\n<p><img src=\"https://static.tigerbbs.com/21708bec0c792eb9299eda62ba3cd077\" tg-width=\"1080\" tg-height=\"666\" referrerpolicy=\"no-referrer\"></p>\n<p><b>未来通胀将会怎样影响资产价格?</b></p>\n<p>我们复盘了上述四次大通胀中,CPI破4%后不同时间区间内美元、美股和美债收益率的变化(表2):<b>通胀对于美元、美股存在负面影响,前者较为滞后,后者1个月内即有体现。</b>有趣的是,通胀对于美债收益率的影响不具规律性,关于美债的研究框架,请参考我们此前的报告。</p>\n<p><img src=\"https://static.tigerbbs.com/037d9e565ff952b13c942386e8d08506\" tg-width=\"1059\" tg-height=\"599\" referrerpolicy=\"no-referrer\"></p>\n<p><b>风险提示:</b>美联储过快收紧货币政策,地缘政治风险加剧</p>\n<hr>\n<p>恭喜您找到了字母E,参与《老虎大搜查》活动,下帖留言“ Tiger is here” 即可获赠100虎币,如集齐7张图片并留言,还可获赠7周年限定礼盒。(详情请点击<a href=\"https://laohu8.com/TW/181890541\" target=\"_blank\">【七周年有奖活动】老虎大搜查 </a>了解)</p>\n<p><img src=\"https://static.tigerbbs.com/b519142d901e1ef1ff2a2e443798687b\" tg-width=\"214\" tg-height=\"286\"></p>","source":"lsy1582083733592","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>以史为鉴,美国通胀飙升后的演绎与影响</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; 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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\">\n以史为鉴,美国通胀飙升后的演绎与影响\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 21:58 北京时间 <a href=https://www.zhitongcaijing.com/content/detail/492521.html><strong>川阅全球宏观</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>美国东部时间2021年6月10日,美国劳工部发布5月通胀数据。美国5月CPI同比升5.0%、核心CPI同比升3.8%,创2008年8月以来最大增幅。今年年初以来,美国通胀率加速上升,美联储6月议息会议在即,市场上通胀担忧挥之不去。我们回顾了历史上美国通胀的几次飙升,以便更好地理解本次的通胀及其影响:\n1960年以来美国CPI同比破5%出现了4次(图1)。我们对CPI破4%、破5%至回落期间的经济...</p>\n\n<a href=\"https://www.zhitongcaijing.com/content/detail/492521.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/93c3dba7c4b0e443e40fe6df5639434d","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.zhitongcaijing.com/content/detail/492521.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156453091","content_text":"美国东部时间2021年6月10日,美国劳工部发布5月通胀数据。美国5月CPI同比升5.0%、核心CPI同比升3.8%,创2008年8月以来最大增幅。今年年初以来,美国通胀率加速上升,美联储6月议息会议在即,市场上通胀担忧挥之不去。我们回顾了历史上美国通胀的几次飙升,以便更好地理解本次的通胀及其影响:\n1960年以来美国CPI同比破5%出现了4次(图1)。我们对CPI破4%、破5%至回落期间的经济基本面和美联储政策进行了复盘(表1)。\n1968/06-1971/09:经济陷入衰退,但前期大幅政府开支与财政刺激的余温仍在,通胀持续上升,美联储在1970年收紧货币政策以抑制通胀。\n1973/03-1982/11:粮食危机和石油危机的双重打击下,美国经济陷入滞胀,供给冲击与成本推升通胀。政府价格管制失败,货币政策缺乏独立性并且过于滞后,未能成功抑制通胀。\n1987/08-1991/07:走出滞胀后,美国经济经历了高速增长,但1987年开始经济增速放缓,并出现工资和价格上涨压力,美联储收紧货币政策。\n2007/11-2008/09:油价飙升推升通胀,金融危机爆发,美联储货币政策的首要任务在于救市,通胀不在其重点关注范围内。\n当前的通胀和1973-1982年通胀的成因较为相似,均为成本推动。\n\n本次通胀飙升的主要原因在于疫情下的基数效应和供给短缺。今年5月美国CPI录得5.0%(为2008年8月以来的最高水平),但是从CPI指数角度,2021年5月相对于2019年5月的复合增速仅为2.5%。\n对于今年通胀的演绎,我们重点关注二手车和房租两个分项。\n通胀的主要推力之一为二手车。东南亚疫情恶化下多地芯片厂停工,芯片短缺导致车企减产。新车供应不足,二手车需求剧增,价格飙升(图2)。根据Manheim数据,2021年二手车售价增幅超越新车(图3)。此外,5月其他交通相关的价格涨幅进一步扩大,交通服务价格增幅从4月的5.6%扩大至11.2%,增幅翻倍。\n\n房租价格走势对未来通胀的演绎有重要影响。美国CPI中房租的权重较高(约30%),尽管相对于其它分项,房租的增速相对温和(今年5月同比增2.2%),但年初以来增速斜率陡峭化(图4),我们预计受到供给短缺的影响,未来房租将会持续温和地上升。\n\n通胀预期走势如何?\n从消费者的角度,密西根预期通胀率数据显示,2021年5月美国消费者5年通胀预期从上月的2.7%跳升至3.0%(图5),但是仍然低于美联储可以容忍的3.5%。\n从政策制定者角度,如我们此前报告所述,美联储注重通胀预期的监测,关键指标为共同通胀预期指数(CIE),CIE为季度数据,预计2021年二季度的数据将于本月底公布。\n\n未来通胀将会怎样影响资产价格?\n我们复盘了上述四次大通胀中,CPI破4%后不同时间区间内美元、美股和美债收益率的变化(表2):通胀对于美元、美股存在负面影响,前者较为滞后,后者1个月内即有体现。有趣的是,通胀对于美债收益率的影响不具规律性,关于美债的研究框架,请参考我们此前的报告。\n\n风险提示:美联储过快收紧货币政策,地缘政治风险加剧\n\n恭喜您找到了字母E,参与《老虎大搜查》活动,下帖留言“ Tiger is here” 即可获赠100虎币,如集齐7张图片并留言,还可获赠7周年限定礼盒。(详情请点击【七周年有奖活动】老虎大搜查 了解)","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188228264,"gmtCreate":1623450581858,"gmtModify":1704203856983,"author":{"id":"3569873224808379","authorId":"3569873224808379","name":"Mega1314","avatar":"https://static.tigerbbs.com/238d1fc7e659b1863ba570d82738c476","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3569873224808379","idStr":"3569873224808379"},"themes":[],"htmlText":"AAA AWARDS TIGER TIGER TIGER ","listText":"AAA AWARDS TIGER TIGER TIGER ","text":"AAA AWARDS TIGER TIGER TIGER","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188228264","repostId":"1138970454","repostType":2,"repost":{"id":"1138970454","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623385949,"share":"https://ttm.financial/m/news/1138970454?lang=&edition=fundamental","pubTime":"2021-06-11 12:32","market":"us","language":"en","title":"Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1138970454","media":"Tiger Newspress","summary":"June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable ","content":"<p>June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing Providers:</p><p><img src=\"https://static.tigerbbs.com/d2a1d625f288fc86245344e0a6275f6f\" tg-width=\"1096\" tg-height=\"354\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021</title>\n<style 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12:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing Providers:</p><p><img src=\"https://static.tigerbbs.com/d2a1d625f288fc86245344e0a6275f6f\" tg-width=\"1096\" tg-height=\"354\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138970454","content_text":"June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing 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Tiger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/183920501","repostId":"189719136","repostType":1,"repost":{"id":189719136,"gmtCreate":1623288470825,"gmtModify":1723720151455,"author":{"id":"3503452965237041","authorId":"3503452965237041","name":"美股研究社","avatar":"https://static.tigerbbs.com/a239c7906133df1f3817d0746a8a0ba1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3503452965237041","idStr":"3503452965237041"},"themes":[],"title":"老虎證券股價持續拉昇,其CEO透露擬佈局數字貨幣","htmlText":"美股研究社消息,智通財經APP獲悉,6月9日(週三),<a target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$老虎證券(TIGR)$</a> 持續拉昇,截至北京時間23:48,該股漲12%,報28.1美元,老虎證券宣佈完成650萬股ADS增發,融資1.6億美元。另外,在此前的一季報電話會議中,老虎證券CEO巫天華透露擬佈局數字貨幣。巫天華表示,最近一兩年來,數字貨幣比如比特幣已經開始逐步被一部分主流機構來接受,成爲他們資產配置的一部分。 本文來源:美股研究社,轉載請註明版權","listText":"美股研究社消息,智通財經APP獲悉,6月9日(週三),<a target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$老虎證券(TIGR)$</a> 持續拉昇,截至北京時間23:48,該股漲12%,報28.1美元,老虎證券宣佈完成650萬股ADS增發,融資1.6億美元。另外,在此前的一季報電話會議中,老虎證券CEO巫天華透露擬佈局數字貨幣。巫天華表示,最近一兩年來,數字貨幣比如比特幣已經開始逐步被一部分主流機構來接受,成爲他們資產配置的一部分。 本文來源:美股研究社,轉載請註明版權","text":"美股研究社消息,智通財經APP獲悉,6月9日(週三),$老虎證券(TIGR)$ 持續拉昇,截至北京時間23:48,該股漲12%,報28.1美元,老虎證券宣佈完成650萬股ADS增發,融資1.6億美元。另外,在此前的一季報電話會議中,老虎證券CEO巫天華透露擬佈局數字貨幣。巫天華表示,最近一兩年來,數字貨幣比如比特幣已經開始逐步被一部分主流機構來接受,成爲他們資產配置的一部分。 本文來源:美股研究社,轉載請註明版權","images":[{"img":"https://static.tigerbbs.com/cc41045995fd5aa4fb46bb72fa6f20ca","width":"500","height":"375"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189719136","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}