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Corn is Gold

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- Corn is GoldCorn is Gold
  ·2023-01-10
  Fed must stick to its plan to bring down inflation, else risk of inflation come biting in 2H23
  Jerome Powell Says Bringing Down Inflation Could Fuel Political Opposition
  The Federal Reserve is strongly committedto lowering inflationeven though interest-rate increases to
  Jerome Powell Says Bringing Down Inflation Could Fuel Political Opposition
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- Corn is GoldCorn is Gold
  ·2022-09-11
  RIP
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- Corn is GoldCorn is Gold
  ·2022-09-11
  $NVIDIA Corp(NVDA)$BullishBullishBullishbuy on dips
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- Corn is GoldCorn is Gold
  ·2022-09-09
  RIP
  Queen Elizabeth Dies at 96, Ending an Era for Britain
  BALMORAL, Scotland, Sept 8 (Reuters) - Queen Elizabeth, Britain's longest-reigning monarch, the nati
  Queen Elizabeth Dies at 96, Ending an Era for Britain
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- Corn is GoldCorn is Gold
  ·2022-08-24
  Fly
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- Corn is GoldCorn is Gold
  ·2022-08-24
  $Taiwan Semiconductor Manufacturing(TSM)$BullishBullishBullishfly
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- Corn is GoldCorn is Gold
  ·2022-08-22
  Short
  Forecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility
  For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserv
  Forecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility
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- Corn is GoldCorn is Gold
  ·2022-08-21
  $Apple(AAPL)$BearishBearishBearishBearishques
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- Corn is GoldCorn is Gold
  ·2022-08-16
  $Taiwan Semiconductor Manufacturing(TSM)$BullishBullishBullishbuy
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- Corn is GoldCorn is Gold
  ·2022-08-15
  $Grab Holdings(GRAB)$BearishBearishBearishBearishdrop
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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\">\nJerome Powell Says Bringing Down Inflation Could Fuel Political Opposition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-10 22:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jerome-powell-says-bringing-down-inflation-could-fuel-political-opposition-11673358963?mod=Searchresults_pos1&page=1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve is strongly committedto lowering inflationeven though interest-rate increases to restrain economic growth could fuel political blowback, said Chair Jerome Powell.“Price stability ...</p>\n\n<a href=\"https://www.wsj.com/articles/jerome-powell-says-bringing-down-inflation-could-fuel-political-opposition-11673358963?mod=Searchresults_pos1&page=1\">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.wsj.com/articles/jerome-powell-says-bringing-down-inflation-could-fuel-political-opposition-11673358963?mod=Searchresults_pos1&page=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150400563","content_text":"The Federal Reserve is strongly committedto lowering inflationeven though interest-rate increases to restrain economic growth could fuel political blowback, said Chair Jerome Powell.“Price stability is the bedrock of a healthy economy and provides the public with immeasurable benefits over time,” Mr. Powell said Tuesday in remarks prepared for delivery on panel discussion in Stockholm. “But restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy.”The Fed’s institutional arrangements—in which policy makers set interest rates without direct control by Congress or the White House, sometimes referred to as its “independence”—allows the central bank “to take these necessary measures without considering short-term political factors,” Mr. Powell said.Mr. Powell’s prepared remarks didn’t otherwise comment on the Fed’scoming interest-rate decisionsand instead highlighted the importance of central bank independence as well as the steps needed to safeguard that policy-setting autonomy. He addressed a conference focused on central bank independence that was convened by Sweden’s central bank.The Fed raised its benchmark short-term interest rate aggressively last year, from near zero in March to just below 4.5% by the end of the year. Officials have signaled their intention to lift the rate above 5% this year, extending the fastest sequence of increases since the early 1980s to combat inflation that has also been near a 40-year high.Mr. Powell was confirmed last spring with broad bipartisan Senate support to a second four-year term as the Fed’s chair. But some senior Democratic lawmakers have more recently voiced alarm at the Fed’s rapid rate rises.The chairman of the Senate Banking Committee, Sen.Sherrod Brown(D., Ohio), and the top Democrat on the House Financial Services Committee, Rep.Maxine Waters(D., Calif.), separately sent letters to Mr. Powell last fall warning against overdoing rate increases. “You must not lose sight of your responsibility to ensure that we have full employment,” Mr. Brown wrote in October.Other critics have been more outspoken. “There is a big difference between landing a plane and crashing it,” Sen. Elizabeth Warren (D., Mass.) said at a conference in November. “Powell risks pushing our economy off a cliff.”Mr. Powell has said the central bank is trying to avoid unnecessary economic damage, including higher unemployment, by slowing the pace of its rate rises. But he has repeatedly warned that there would likely be some pain in bringing down high inflation.In his remarks, Mr. Powell said he believes the “benefits of independent monetary policy in the U.S. context are well understood and broadly accepted.” He also said grants of independence to regulatory agencies should be “exceedingly rare, explicit, tightly circumscribed, and limited to those issues that clearly warrant protection from short-term political considerations.”In exchange for such autonomy, Mr. Powell said the Fed “ should ‘stick to our knitting’ and not wander off” into addressing policy issues that aren’t directly linked to its mandate to keep inflation low and to support a strong job market.Some Democrats and environmental groups have put pressure on the central bank to take a more activist role in policing bank lending decisions to address climate change. Mr. Powell on Tuesday argued for a far more limited role in which the Fed monitors how banks are managing an array of financial risks, including those posed by climate change.“Without explicit congressional legislation, it would be inappropriate for us to use our monetary policy or supervisory tools to promote a greener economy or to achieve other climate-based goals,” he said. “We are not, and will not be, a ‘climate policy maker.’ ”","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936782264,"gmtCreate":1662826859058,"gmtModify":1676537147251,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"RIP","listText":"RIP","text":"RIP","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936782264","repostId":"2266415879","repostType":4,"isVote":1,"tweetType":1,"viewCount":1811,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936782603,"gmtCreate":1662826843903,"gmtModify":1676537147243,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishbuy on dips","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishbuy on dips","text":"$NVIDIA Corp(NVDA)$BullishBullishBullishbuy on dips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936782603","isVote":1,"tweetType":1,"viewCount":2508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936991679,"gmtCreate":1662688798191,"gmtModify":1676537119078,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"RIP","listText":"RIP","text":"RIP","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936991679","repostId":"2266816228","repostType":4,"repost":{"id":"2266816228","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1662676304,"share":"https://ttm.financial/m/news/2266816228?lang=&edition=fundamental","pubTime":"2022-09-09 06:31","market":"uk","language":"en","title":"Queen Elizabeth Dies at 96, Ending an Era for Britain","url":"https://stock-news.laohu8.com/highlight/detail?id=2266816228","media":"Reuters","summary":"BALMORAL, Scotland, Sept 8 (Reuters) - Queen Elizabeth, Britain's longest-reigning monarch, the nati","content":"<html><head></head><body><p>BALMORAL, Scotland, Sept 8 (Reuters) - Queen Elizabeth, Britain&#39;s longest-reigning monarch, the nation&#39;s figurehead and a towering presence on the world stage for seven decades, died peacefully at her home in Scotland on Thursday aged 96.</p><p>&#34;The death of my beloved Mother, Her Majesty The Queen, is a moment of the greatest sadness for me and all members of my family,&#34; the new king, her eldest son Charles, said.</p><p>&#34;We mourn profoundly the passing of a cherished Sovereign and a much-loved mother. I know her loss will be deeply felt throughout the country, the Realms and the Commonwealth, and by countless people around the world,&#34; the 73-year-old said in a statement.</p><p>News that the queen&#39;s health was deteriorating emerged shortly after midday on Thursday when her doctors said she was under medical supervision, prompting her family to rush to Scotland to be by her side.</p><p>Thousands gathered outside Buckingham Palace, in central London, and there was a stunned silence when the flag was lowered to half-mast. The crowd surged to the gates as the notice announcing the death of the only monarch most Britons have ever known was attached to the black iron gates.</p><p>Royal officials said King Charles III and his wife Camilla, the Queen Consort, would remain at Balmoral Castle, where the queen died, before returning to London on Friday, when he is expected to address the nation and meet Prime Minister Liz Truss. Details of the funeral have not been confirmed.</p><p>On Elizabeth&#39;s death, Charles automatically became monarch of the United Kingdom and the head of state of 14 other realms including Australia, Canada and New Zealand. He is expected to visit all the nations of the United Kingdom in the coming days.</p><p><b>&#39;HUGE SHOCK TO THE NATION&#39;</b></p><p>The queen, whose husband died last year, had been suffering from what Buckingham Palace had called &#34;episodic mobility problems&#34; since the end of last year, forcing her to withdraw from nearly all her public engagements.</p><p>Her last official duty came only on Tuesday, when she appointed Truss prime minister - the 15th of her reign.</p><p>&#34;The death of Her Majesty the Queen is a huge shock to the nation and to the world,&#34; Truss said outside her Downing Street office where the flag, like those at royal palaces and government buildings across Britain, were lowered.</p><p>&#34;Through thick and thin, Queen Elizabeth II provided us with the stability and the strength that we needed. She was the very spirit of Great Britain – and that spirit will endure,&#34; said Truss, who was informed of the death at 4:30 p.m. London time.</p><p>The news stunned not only people in Britain, with condolences pouring in from leaders around the world.</p><p>&#34;Her legacy will loom large in the pages of British history, and in the story of our world,&#34; U.S. President Joe Biden said in a statement. He ordered flags at the White House to be flown at half-mast</p><p>In Paris, the mayor announced the lights of the Eiffel Tower would be turned off in honour of her passing; in Brazil, the government declared three days of mourning; and the United Nations General Assembly and the Security Council both stood for a moment of silence.</p><p>Even Russian President Vladimir Putin, whose country&#39;s relations with Britain have plummeted over the war in Ukraine, extended his condolences, calling it an &#34;irreparable loss&#34;.</p><p>Queen Elizabeth II, who was also the world&#39;s oldest and longest-serving head of state,came to the throne following the death of her father King George VI on Feb. 6, 1952, when she was just 25.</p><p><b>PLEDGED TO SERVE</b></p><p>She was crowned in June the following year. The first televised coronation was a foretaste of a new world in which the lives of the royals were to become increasingly scrutinised by the media.</p><p>&#34;I have in sincerity pledged myself to your service, as so many of you are pledged to mine. Throughout all my life and with all my heart I shall strive to be worthy of your trust,&#34; she said in a speech to her subjects on her coronation day.</p><p>Despite reputedly only being about 5ft 3ins tall, she commanded any room she entered. Famed for her bright outfits, she is said to have quipped: &#34;I have to be seen to be believed&#34;.</p><p>Elizabeth became monarch at a time when Britain still retained much of its old empire. It was emerging from the ravages of World War Two, with food rationing still in force and class and privilege still dominant in society.</p><p>Winston Churchill was Britain&#39;s prime minister at the time, Josef Stalin led the Soviet Union and the Korean War was raging.</p><p>In the decades that followed, Elizabeth witnessed massive political change and social upheaval at home and abroad. Her own family&#39;s tribulations, most notably the divorce of Charles and his late first wife Diana, were played out in full public glare.</p><p>While remaining an enduring symbol of stability and continuity for Britons at a time of relative national economic decline, Elizabeth also tried to adapt the ancient institution of monarchy to the demands of the modern era.</p><p>&#34;She has managed to modernise and evolve the monarchy like no other,&#34; her grandson Prince William, who is now heir to the throne, said in a 2012 documentary.</p><p><b>RECORDS</b></p><p>Elizabeth was the 40th monarch in a royal line that followed Norman King William the Conqueror, who claimed the English throne in 1066 after defeating Anglo-Saxon ruler Harold II at the Battle of Hastings.</p><p>Her long reign meant she repeatedly broke records for British rulers. When she surpassed the more than 63 years her great-great-grandmother Queen Victoria spent on the throne, she said it was not a landmark to which she had ever aspired.</p><p>&#34;Inevitably a long life can pass by many milestones - my own is no exception,&#34; she said.</p><p>Her marriage to Prince Philip lasted 73 years, until his death in April 2021, and they had four children, Charles, Anne, Andrew and Edward.</p><p>She never gave a media interviewand critics said she came across as distant and aloof.</p><p>But for the vast majority of her subjects she was a figure who commanded respect and admiration. Her death marks the end of an era.</p><p>&#34;When people around the world spoke of &#39;the queen&#39;, they actually meant our queen,&#34; former Prime Minister John Major said. &#34;That was the status she had in every part of the world. It was truly remarkable.&#34;</p><p>Opinion polls have suggested that Charles does not enjoy anywhere near the same level of support and there is speculation that the loss of Elizabeth may see a rise in republican sentiment, particularly in the other realms.</p><p>&#34;We know that, in losing our beloved queen, we have lost the person whose steadfast loyalty, service and humility has helped us make sense of who we are through decades of extraordinary change in our world, nation and society,&#34; the Archbishop of Canterbury, Justin Welby, said.</p><p>At her death the queen was head of state of not only the United Kingdom but also of Australia, the Bahamas, Belize, Canada, Grenada, Jamaica, New Zealand, Papua New Guinea, Saint Lucia, Saint Kitts and Nevis, Tuvalu, the Solomon Islands, Saint Vincent and the Grenadines, and Antigua and Barbuda.</p></body></html>","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>Queen Elizabeth Dies at 96, Ending an Era for Britain</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\">\nQueen Elizabeth Dies at 96, Ending an Era for Britain\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-09 06:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>BALMORAL, Scotland, Sept 8 (Reuters) - Queen Elizabeth, Britain&#39;s longest-reigning monarch, the nation&#39;s figurehead and a towering presence on the world stage for seven decades, died peacefully at her home in Scotland on Thursday aged 96.</p><p>&#34;The death of my beloved Mother, Her Majesty The Queen, is a moment of the greatest sadness for me and all members of my family,&#34; the new king, her eldest son Charles, said.</p><p>&#34;We mourn profoundly the passing of a cherished Sovereign and a much-loved mother. I know her loss will be deeply felt throughout the country, the Realms and the Commonwealth, and by countless people around the world,&#34; the 73-year-old said in a statement.</p><p>News that the queen&#39;s health was deteriorating emerged shortly after midday on Thursday when her doctors said she was under medical supervision, prompting her family to rush to Scotland to be by her side.</p><p>Thousands gathered outside Buckingham Palace, in central London, and there was a stunned silence when the flag was lowered to half-mast. The crowd surged to the gates as the notice announcing the death of the only monarch most Britons have ever known was attached to the black iron gates.</p><p>Royal officials said King Charles III and his wife Camilla, the Queen Consort, would remain at Balmoral Castle, where the queen died, before returning to London on Friday, when he is expected to address the nation and meet Prime Minister Liz Truss. Details of the funeral have not been confirmed.</p><p>On Elizabeth&#39;s death, Charles automatically became monarch of the United Kingdom and the head of state of 14 other realms including Australia, Canada and New Zealand. He is expected to visit all the nations of the United Kingdom in the coming days.</p><p><b>&#39;HUGE SHOCK TO THE NATION&#39;</b></p><p>The queen, whose husband died last year, had been suffering from what Buckingham Palace had called &#34;episodic mobility problems&#34; since the end of last year, forcing her to withdraw from nearly all her public engagements.</p><p>Her last official duty came only on Tuesday, when she appointed Truss prime minister - the 15th of her reign.</p><p>&#34;The death of Her Majesty the Queen is a huge shock to the nation and to the world,&#34; Truss said outside her Downing Street office where the flag, like those at royal palaces and government buildings across Britain, were lowered.</p><p>&#34;Through thick and thin, Queen Elizabeth II provided us with the stability and the strength that we needed. She was the very spirit of Great Britain – and that spirit will endure,&#34; said Truss, who was informed of the death at 4:30 p.m. London time.</p><p>The news stunned not only people in Britain, with condolences pouring in from leaders around the world.</p><p>&#34;Her legacy will loom large in the pages of British history, and in the story of our world,&#34; U.S. President Joe Biden said in a statement. He ordered flags at the White House to be flown at half-mast</p><p>In Paris, the mayor announced the lights of the Eiffel Tower would be turned off in honour of her passing; in Brazil, the government declared three days of mourning; and the United Nations General Assembly and the Security Council both stood for a moment of silence.</p><p>Even Russian President Vladimir Putin, whose country&#39;s relations with Britain have plummeted over the war in Ukraine, extended his condolences, calling it an &#34;irreparable loss&#34;.</p><p>Queen Elizabeth II, who was also the world&#39;s oldest and longest-serving head of state,came to the throne following the death of her father King George VI on Feb. 6, 1952, when she was just 25.</p><p><b>PLEDGED TO SERVE</b></p><p>She was crowned in June the following year. The first televised coronation was a foretaste of a new world in which the lives of the royals were to become increasingly scrutinised by the media.</p><p>&#34;I have in sincerity pledged myself to your service, as so many of you are pledged to mine. Throughout all my life and with all my heart I shall strive to be worthy of your trust,&#34; she said in a speech to her subjects on her coronation day.</p><p>Despite reputedly only being about 5ft 3ins tall, she commanded any room she entered. Famed for her bright outfits, she is said to have quipped: &#34;I have to be seen to be believed&#34;.</p><p>Elizabeth became monarch at a time when Britain still retained much of its old empire. It was emerging from the ravages of World War Two, with food rationing still in force and class and privilege still dominant in society.</p><p>Winston Churchill was Britain&#39;s prime minister at the time, Josef Stalin led the Soviet Union and the Korean War was raging.</p><p>In the decades that followed, Elizabeth witnessed massive political change and social upheaval at home and abroad. Her own family&#39;s tribulations, most notably the divorce of Charles and his late first wife Diana, were played out in full public glare.</p><p>While remaining an enduring symbol of stability and continuity for Britons at a time of relative national economic decline, Elizabeth also tried to adapt the ancient institution of monarchy to the demands of the modern era.</p><p>&#34;She has managed to modernise and evolve the monarchy like no other,&#34; her grandson Prince William, who is now heir to the throne, said in a 2012 documentary.</p><p><b>RECORDS</b></p><p>Elizabeth was the 40th monarch in a royal line that followed Norman King William the Conqueror, who claimed the English throne in 1066 after defeating Anglo-Saxon ruler Harold II at the Battle of Hastings.</p><p>Her long reign meant she repeatedly broke records for British rulers. When she surpassed the more than 63 years her great-great-grandmother Queen Victoria spent on the throne, she said it was not a landmark to which she had ever aspired.</p><p>&#34;Inevitably a long life can pass by many milestones - my own is no exception,&#34; she said.</p><p>Her marriage to Prince Philip lasted 73 years, until his death in April 2021, and they had four children, Charles, Anne, Andrew and Edward.</p><p>She never gave a media interviewand critics said she came across as distant and aloof.</p><p>But for the vast majority of her subjects she was a figure who commanded respect and admiration. Her death marks the end of an era.</p><p>&#34;When people around the world spoke of &#39;the queen&#39;, they actually meant our queen,&#34; former Prime Minister John Major said. &#34;That was the status she had in every part of the world. It was truly remarkable.&#34;</p><p>Opinion polls have suggested that Charles does not enjoy anywhere near the same level of support and there is speculation that the loss of Elizabeth may see a rise in republican sentiment, particularly in the other realms.</p><p>&#34;We know that, in losing our beloved queen, we have lost the person whose steadfast loyalty, service and humility has helped us make sense of who we are through decades of extraordinary change in our world, nation and society,&#34; the Archbishop of Canterbury, Justin Welby, said.</p><p>At her death the queen was head of state of not only the United Kingdom but also of Australia, the Bahamas, Belize, Canada, Grenada, Jamaica, New Zealand, Papua New Guinea, Saint Lucia, Saint Kitts and Nevis, Tuvalu, the Solomon Islands, Saint Vincent and the Grenadines, and Antigua and Barbuda.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","VUKE.UK":"英国富时100",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266816228","content_text":"BALMORAL, Scotland, Sept 8 (Reuters) - Queen Elizabeth, Britain's longest-reigning monarch, the nation's figurehead and a towering presence on the world stage for seven decades, died peacefully at her home in Scotland on Thursday aged 96.\"The death of my beloved Mother, Her Majesty The Queen, is a moment of the greatest sadness for me and all members of my family,\" the new king, her eldest son Charles, said.\"We mourn profoundly the passing of a cherished Sovereign and a much-loved mother. I know her loss will be deeply felt throughout the country, the Realms and the Commonwealth, and by countless people around the world,\" the 73-year-old said in a statement.News that the queen's health was deteriorating emerged shortly after midday on Thursday when her doctors said she was under medical supervision, prompting her family to rush to Scotland to be by her side.Thousands gathered outside Buckingham Palace, in central London, and there was a stunned silence when the flag was lowered to half-mast. The crowd surged to the gates as the notice announcing the death of the only monarch most Britons have ever known was attached to the black iron gates.Royal officials said King Charles III and his wife Camilla, the Queen Consort, would remain at Balmoral Castle, where the queen died, before returning to London on Friday, when he is expected to address the nation and meet Prime Minister Liz Truss. Details of the funeral have not been confirmed.On Elizabeth's death, Charles automatically became monarch of the United Kingdom and the head of state of 14 other realms including Australia, Canada and New Zealand. He is expected to visit all the nations of the United Kingdom in the coming days.'HUGE SHOCK TO THE NATION'The queen, whose husband died last year, had been suffering from what Buckingham Palace had called \"episodic mobility problems\" since the end of last year, forcing her to withdraw from nearly all her public engagements.Her last official duty came only on Tuesday, when she appointed Truss prime minister - the 15th of her reign.\"The death of Her Majesty the Queen is a huge shock to the nation and to the world,\" Truss said outside her Downing Street office where the flag, like those at royal palaces and government buildings across Britain, were lowered.\"Through thick and thin, Queen Elizabeth II provided us with the stability and the strength that we needed. She was the very spirit of Great Britain – and that spirit will endure,\" said Truss, who was informed of the death at 4:30 p.m. London time.The news stunned not only people in Britain, with condolences pouring in from leaders around the world.\"Her legacy will loom large in the pages of British history, and in the story of our world,\" U.S. President Joe Biden said in a statement. He ordered flags at the White House to be flown at half-mastIn Paris, the mayor announced the lights of the Eiffel Tower would be turned off in honour of her passing; in Brazil, the government declared three days of mourning; and the United Nations General Assembly and the Security Council both stood for a moment of silence.Even Russian President Vladimir Putin, whose country's relations with Britain have plummeted over the war in Ukraine, extended his condolences, calling it an \"irreparable loss\".Queen Elizabeth II, who was also the world's oldest and longest-serving head of state,came to the throne following the death of her father King George VI on Feb. 6, 1952, when she was just 25.PLEDGED TO SERVEShe was crowned in June the following year. The first televised coronation was a foretaste of a new world in which the lives of the royals were to become increasingly scrutinised by the media.\"I have in sincerity pledged myself to your service, as so many of you are pledged to mine. Throughout all my life and with all my heart I shall strive to be worthy of your trust,\" she said in a speech to her subjects on her coronation day.Despite reputedly only being about 5ft 3ins tall, she commanded any room she entered. Famed for her bright outfits, she is said to have quipped: \"I have to be seen to be believed\".Elizabeth became monarch at a time when Britain still retained much of its old empire. It was emerging from the ravages of World War Two, with food rationing still in force and class and privilege still dominant in society.Winston Churchill was Britain's prime minister at the time, Josef Stalin led the Soviet Union and the Korean War was raging.In the decades that followed, Elizabeth witnessed massive political change and social upheaval at home and abroad. Her own family's tribulations, most notably the divorce of Charles and his late first wife Diana, were played out in full public glare.While remaining an enduring symbol of stability and continuity for Britons at a time of relative national economic decline, Elizabeth also tried to adapt the ancient institution of monarchy to the demands of the modern era.\"She has managed to modernise and evolve the monarchy like no other,\" her grandson Prince William, who is now heir to the throne, said in a 2012 documentary.RECORDSElizabeth was the 40th monarch in a royal line that followed Norman King William the Conqueror, who claimed the English throne in 1066 after defeating Anglo-Saxon ruler Harold II at the Battle of Hastings.Her long reign meant she repeatedly broke records for British rulers. When she surpassed the more than 63 years her great-great-grandmother Queen Victoria spent on the throne, she said it was not a landmark to which she had ever aspired.\"Inevitably a long life can pass by many milestones - my own is no exception,\" she said.Her marriage to Prince Philip lasted 73 years, until his death in April 2021, and they had four children, Charles, Anne, Andrew and Edward.She never gave a media interviewand critics said she came across as distant and aloof.But for the vast majority of her subjects she was a figure who commanded respect and admiration. Her death marks the end of an era.\"When people around the world spoke of 'the queen', they actually meant our queen,\" former Prime Minister John Major said. \"That was the status she had in every part of the world. It was truly remarkable.\"Opinion polls have suggested that Charles does not enjoy anywhere near the same level of support and there is speculation that the loss of Elizabeth may see a rise in republican sentiment, particularly in the other realms.\"We know that, in losing our beloved queen, we have lost the person whose steadfast loyalty, service and humility has helped us make sense of who we are through decades of extraordinary change in our world, nation and society,\" the Archbishop of Canterbury, Justin Welby, said.At her death the queen was head of state of not only the United Kingdom but also of Australia, the Bahamas, Belize, Canada, Grenada, Jamaica, New Zealand, Papua New Guinea, Saint Lucia, Saint Kitts and Nevis, Tuvalu, the Solomon Islands, Saint Vincent and the Grenadines, and Antigua and Barbuda.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"VUKE.UK":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992439441,"gmtCreate":1661351364485,"gmtModify":1676536501619,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Fly","listText":"Fly","text":"Fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992439441","repostId":"1162343527","repostType":4,"isVote":1,"tweetType":1,"viewCount":2664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992439956,"gmtCreate":1661351344978,"gmtModify":1676536501603,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishfly","listText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishfly","text":"$Taiwan Semiconductor Manufacturing(TSM)$BullishBullishBullishfly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992439956","isVote":1,"tweetType":1,"viewCount":2274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996667860,"gmtCreate":1661164446852,"gmtModify":1676536464848,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"Short","listText":"Short","text":"Short","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996667860","repostId":"2261958518","repostType":4,"repost":{"id":"2261958518","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1661182375,"share":"https://ttm.financial/m/news/2261958518?lang=&edition=fundamental","pubTime":"2022-08-22 23:32","market":"us","language":"en","title":"Forecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility","url":"https://stock-news.laohu8.com/highlight/detail?id=2261958518","media":"Reuters","summary":"For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserv","content":"<html><head></head><body><p>For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell&#39;s remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.</p><p>He&#39;d be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.</p><p>&#34;It&#39;s very hard to say with any confidence in normal times ... what the economy&#39;s going to be doing in six or 12 months,&#34; Powell said on July 27 after the end of the Fed&#39;s last policy meeting. &#34;These are not normal times.&#34;</p><p>Powell is scheduled to speak Friday morning at the Kansas City Fed&#39;s annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession&#39;s A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.</p><p>The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.</p><p>With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed&#39;s singular commitment to winning it.</p><p>&#34;What we should hear and are likely to hear next week is push-back&#34; to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would &#34;blink&#34; at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.</p><p>Rather, she said Powell was likely to emphasize that &#34;growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth.&#34;</p><p><b>INFLATION&#39;S BROAD ROOTS</b></p><p>The groundwork has been laid in comments recently from the Fed&#39;s cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like &#34;raise and hold&#34; to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.</p><p>It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.</p><p>The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia&#39;s Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call &#34;revenge spending&#34; by U.S. consumers to make up for lost time since the onset of the virus in early 2020.</p><p>&#34;We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart,&#34; Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. &#34;Historical correlations ... have broken down&#34; among simultaneous &#34;shocks&#34; pulling demand, supply and the economy overall in conflicting directions.</p><p>Getting a read on what&#39;s next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.</p><p>For workers, businesses and investors, that leaves a slim foundation for planning.</p><p><b>RECESSION &#39;COULD HAPPEN&#39;</b></p><p>Powell&#39;s remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world&#39;s most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.</p><p>The Fed&#39;s main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.</p><p>The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.</p><p>Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.</p><p>The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.</p><p>If not, and inflation numbers don&#39;t confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.</p><p>That&#39;s an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn&#39;t the Fed will need to tighten policy further.</p><p>&#34;There&#39;s a path to getting inflation under control, but a recession ... could happen in the process,&#34; Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. &#34;We are out of balance today.&#34;</p></body></html>","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>Forecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility</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\">\nForecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-22 23:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell&#39;s remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.</p><p>He&#39;d be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.</p><p>&#34;It&#39;s very hard to say with any confidence in normal times ... what the economy&#39;s going to be doing in six or 12 months,&#34; Powell said on July 27 after the end of the Fed&#39;s last policy meeting. &#34;These are not normal times.&#34;</p><p>Powell is scheduled to speak Friday morning at the Kansas City Fed&#39;s annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession&#39;s A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.</p><p>The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.</p><p>With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed&#39;s singular commitment to winning it.</p><p>&#34;What we should hear and are likely to hear next week is push-back&#34; to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would &#34;blink&#34; at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.</p><p>Rather, she said Powell was likely to emphasize that &#34;growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth.&#34;</p><p><b>INFLATION&#39;S BROAD ROOTS</b></p><p>The groundwork has been laid in comments recently from the Fed&#39;s cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like &#34;raise and hold&#34; to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.</p><p>It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.</p><p>The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia&#39;s Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call &#34;revenge spending&#34; by U.S. consumers to make up for lost time since the onset of the virus in early 2020.</p><p>&#34;We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart,&#34; Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. &#34;Historical correlations ... have broken down&#34; among simultaneous &#34;shocks&#34; pulling demand, supply and the economy overall in conflicting directions.</p><p>Getting a read on what&#39;s next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.</p><p>For workers, businesses and investors, that leaves a slim foundation for planning.</p><p><b>RECESSION &#39;COULD HAPPEN&#39;</b></p><p>Powell&#39;s remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world&#39;s most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.</p><p>The Fed&#39;s main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.</p><p>The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.</p><p>Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.</p><p>The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.</p><p>If not, and inflation numbers don&#39;t confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.</p><p>That&#39;s an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn&#39;t the Fed will need to tighten policy further.</p><p>&#34;There&#39;s a path to getting inflation under control, but a recession ... could happen in the process,&#34; Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. &#34;We are out of balance today.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261958518","content_text":"For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell's remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.He'd be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.\"It's very hard to say with any confidence in normal times ... what the economy's going to be doing in six or 12 months,\" Powell said on July 27 after the end of the Fed's last policy meeting. \"These are not normal times.\"Powell is scheduled to speak Friday morning at the Kansas City Fed's annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession's A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed's singular commitment to winning it.\"What we should hear and are likely to hear next week is push-back\" to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would \"blink\" at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.Rather, she said Powell was likely to emphasize that \"growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth.\"INFLATION'S BROAD ROOTSThe groundwork has been laid in comments recently from the Fed's cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like \"raise and hold\" to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia's Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call \"revenge spending\" by U.S. consumers to make up for lost time since the onset of the virus in early 2020.\"We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart,\" Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. \"Historical correlations ... have broken down\" among simultaneous \"shocks\" pulling demand, supply and the economy overall in conflicting directions.Getting a read on what's next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.For workers, businesses and investors, that leaves a slim foundation for planning.RECESSION 'COULD HAPPEN'Powell's remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world's most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.The Fed's main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.If not, and inflation numbers don't confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.That's an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn't the Fed will need to tighten policy further.\"There's a path to getting inflation under control, but a recession ... could happen in the process,\" Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. \"We are out of balance today.\"","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998240903,"gmtCreate":1661011332705,"gmtModify":1676536438967,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishques","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishques","text":"$Apple(AAPL)$BearishBearishBearishBearishques","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998240903","isVote":1,"tweetType":1,"viewCount":2326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9993108724,"gmtCreate":1660637947070,"gmtModify":1676536370210,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishbuy","listText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishbuy","text":"$Taiwan Semiconductor Manufacturing(TSM)$BullishBullishBullishbuy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993108724","isVote":1,"tweetType":1,"viewCount":2132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999454019,"gmtCreate":1660575173033,"gmtModify":1676535589965,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576061323846814","idStr":"3576061323846814"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishdrop","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishdrop","text":"$Grab Holdings(GRAB)$BearishBearishBearishBearishdrop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999454019","isVote":1,"tweetType":1,"viewCount":2292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}