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KWSW

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- KWSWKWSW
  ·2021-07-20
  Well I wished that’s true
  Biden says inflation temporary; Fed should do what it deems necessary for recovery
  WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden on Monday said an increase in prices was ex
  Biden says inflation temporary; Fed should do what it deems necessary for recovery
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- KWSWKWSW
  ·2021-07-20
  That’s concerning
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- KWSWKWSW
  ·2021-07-20
  Sad
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- KWSWKWSW
  ·2021-07-20
  Good
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- KWSWKWSW
  ·2021-07-20
  ??
  Truckmaker Volvo profit just misses view as chip shortage weighs
  STOCKHOLM, July 20 (Reuters) - Sweden's AB Volvo(VOLVb.ST)reported second-quarter core earnings slig
  Truckmaker Volvo profit just misses view as chip shortage weighs
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It should take whatever steps it deems necessary to support a strong, durable economic recovery.\"</p>\n<p>Growing concerns about inflation dragged U.S. consumer sentiment in early July to its lowest level in five months, a survey showed Friday, after a 0.9% jump in consumer prices in June, the biggest increase in 13 years, but economists continue to believe that higher inflation is transitory.</p>\n<p>The Democratic president said his plans to invest more in infrastructure, as well as better care for older people and children, would help reduce inflationary pressures in the future by boosting productivity.</p>\n<p>\"These steps will enhance our productivity, raising wages without raising prices,\" he said. \"It will take the pressure off of inflation, give a boost to our workforce which leads to lower prices in the years ahead.\"</p>\n<p>He said critics had warned repeatedly that his economic policies would lead to an end to capitalism, but economists were now predicting the United States would hit its highest economic growth rate in 40 years.</p>\n<p>\"It turns out capitalism is alive and very well,\" he said. \"We're making serious progress to ensure that it works the way it's supposed to work for the good of the American people.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden says inflation temporary; Fed should do what it deems necessary for recovery\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\">2021-07-20 07:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden on Monday said an increase in prices was expected to be temporary, but his administration understood that unchecked inflation over the longer term would pose a \"real challenge\" to the economy and would remain vigilant.</p>\n<p>Biden said he told Federal Reserve Board Chair Jerome Powell recently that the Fed was independent and should take whatever steps it deems necessary to support a strong, durable recovery.</p>\n<p>\"As our economy comes roaring back, we've seen some price increases,\" Biden said, while rejecting concerns the recent increases could be a sign of persistent inflation.</p>\n<p>He said his administration was doing all it could to address supply chain bottlenecks that had pushed up the price of cars, and noted that lumber prices were now easing after spiking higher early in the recovery.</p>\n<p>\"I want to be clear: my administration understands that were we ever to experience unchecked inflation in the long term, that would pose a real challenge for our economy,\" he said. \"While we're confident that isn't what we're seeing today, we're going to remain vigilant about any response that is needed.\"</p>\n<p>Biden said he had also made that point clear to Powell: \"The Fed is independent. It should take whatever steps it deems necessary to support a strong, durable economic recovery.\"</p>\n<p>Growing concerns about inflation dragged U.S. consumer sentiment in early July to its lowest level in five months, a survey showed Friday, after a 0.9% jump in consumer prices in June, the biggest increase in 13 years, but economists continue to believe that higher inflation is transitory.</p>\n<p>The Democratic president said his plans to invest more in infrastructure, as well as better care for older people and children, would help reduce inflationary pressures in the future by boosting productivity.</p>\n<p>\"These steps will enhance our productivity, raising wages without raising prices,\" he said. \"It will take the pressure off of inflation, give a boost to our workforce which leads to lower prices in the years ahead.\"</p>\n<p>He said critics had warned repeatedly that his economic policies would lead to an end to capitalism, but economists were now predicting the United States would hit its highest economic growth rate in 40 years.</p>\n<p>\"It turns out capitalism is alive and very well,\" he said. \"We're making serious progress to ensure that it works the way it's supposed to work for the good of the American people.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152651282","content_text":"WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden on Monday said an increase in prices was expected to be temporary, but his administration understood that unchecked inflation over the longer term would pose a \"real challenge\" to the economy and would remain vigilant.\nBiden said he told Federal Reserve Board Chair Jerome Powell recently that the Fed was independent and should take whatever steps it deems necessary to support a strong, durable recovery.\n\"As our economy comes roaring back, we've seen some price increases,\" Biden said, while rejecting concerns the recent increases could be a sign of persistent inflation.\nHe said his administration was doing all it could to address supply chain bottlenecks that had pushed up the price of cars, and noted that lumber prices were now easing after spiking higher early in the recovery.\n\"I want to be clear: my administration understands that were we ever to experience unchecked inflation in the long term, that would pose a real challenge for our economy,\" he said. \"While we're confident that isn't what we're seeing today, we're going to remain vigilant about any response that is needed.\"\nBiden said he had also made that point clear to Powell: \"The Fed is independent. It should take whatever steps it deems necessary to support a strong, durable economic recovery.\"\nGrowing concerns about inflation dragged U.S. consumer sentiment in early July to its lowest level in five months, a survey showed Friday, after a 0.9% jump in consumer prices in June, the biggest increase in 13 years, but economists continue to believe that higher inflation is transitory.\nThe Democratic president said his plans to invest more in infrastructure, as well as better care for older people and children, would help reduce inflationary pressures in the future by boosting productivity.\n\"These steps will enhance our productivity, raising wages without raising prices,\" he said. \"It will take the pressure off of inflation, give a boost to our workforce which leads to lower prices in the years ahead.\"\nHe said critics had warned repeatedly that his economic policies would lead to an end to capitalism, but economists were now predicting the United States would hit its highest 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concerning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171796187","repostId":"1102833436","repostType":4,"isVote":1,"tweetType":1,"viewCount":1628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171798434,"gmtCreate":1626762324228,"gmtModify":1703764716547,"author":{"id":"4089206793500490","authorId":"4089206793500490","name":"KWSW","avatar":"https://static.tigerbbs.com/d7e4031e687e25d45873393774c63c17","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089206793500490","idStr":"4089206793500490"},"themes":[],"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171798434","repostId":"1166035606","repostType":4,"isVote":1,"tweetType":1,"viewCount":1759,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171798042,"gmtCreate":1626762251086,"gmtModify":1703764715734,"author":{"id":"4089206793500490","authorId":"4089206793500490","name":"KWSW","avatar":"https://static.tigerbbs.com/d7e4031e687e25d45873393774c63c17","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089206793500490","idStr":"4089206793500490"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171798042","repostId":"1192569125","repostType":4,"isVote":1,"tweetType":1,"viewCount":1670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171791551,"gmtCreate":1626762194973,"gmtModify":1703764715378,"author":{"id":"4089206793500490","authorId":"4089206793500490","name":"KWSW","avatar":"https://static.tigerbbs.com/d7e4031e687e25d45873393774c63c17","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089206793500490","idStr":"4089206793500490"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/171791551","repostId":"1121370539","repostType":4,"repost":{"id":"1121370539","kind":"news","pubTimestamp":1626761386,"share":"https://ttm.financial/m/news/1121370539?lang=&edition=fundamental","pubTime":"2021-07-20 14:09","market":"us","language":"en","title":"Truckmaker Volvo profit just misses view as chip shortage weighs","url":"https://stock-news.laohu8.com/highlight/detail?id=1121370539","media":"Reuters","summary":"STOCKHOLM, July 20 (Reuters) - Sweden's AB Volvo(VOLVb.ST)reported second-quarter core earnings slig","content":"<p>STOCKHOLM, July 20 (Reuters) - Sweden's AB Volvo(VOLVb.ST)reported second-quarter core earnings slightly below market expectations on Tuesday as the truckmaker juggled strong demand for its vehicles with intense pressure on its supply chain from a global chip shortage.</p>\n<p>Adjusted operating profit at the maker of trucks, construction equipment, buses and engines rose to 9.73 billion Swedish crowns ($1.12 billion) from 3.27 billion a year ago, undershooting the 9.84 billion seen by analysts according to Refinitiv data.</p>\n<p>A global shortage of semiconductors just as the market roared back after last year's pandemic plunge has squeezed makers of heavy-duty trucks as well as smaller vehicles, crimping production, extending lead times and lifting costs.</p>\n<p>Volvo, a rival of Germany's Daimler(DAIGn.DE)and Traton(8TRA.DE), said it struggled with substantial production stoppages as a result in the second quarter.</p>\n<p>\"There will be further disruptions and stoppages in both truck production and other parts of the group in the second half of the year,\" Volvo Chief Executive Officer Martin Lundstedt said in a statement.</p>\n<p>Meanwhile, demand for heavy-duty trucks is strong with a surge in online shopping due to the pandemic driving freight volumes and rates, emboldening fleet operators to move ahead with vehicle orders put on hold after the virus first struck.</p>\n<p>Volvo said order bookings of its trucks, sold under brands such as Mack and Renault as well as its own name, soared 143% from a weak year-ago quarter and stood by forecasts for solid market growth in both Europe and North America this year.</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>Truckmaker Volvo profit just misses view as chip shortage weighs</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; 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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\">\nTruckmaker Volvo profit just misses view as chip shortage weighs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 14:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/autos-transportation/truckmaker-volvo-profit-just-misses-view-chip-shortage-weighs-2021-07-20/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>STOCKHOLM, July 20 (Reuters) - Sweden's AB Volvo(VOLVb.ST)reported second-quarter core earnings slightly below market expectations on Tuesday as the truckmaker juggled strong demand for its vehicles ...</p>\n\n<a href=\"https://www.reuters.com/business/autos-transportation/truckmaker-volvo-profit-just-misses-view-chip-shortage-weighs-2021-07-20/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VLVLY":"Volvo AB"},"source_url":"https://www.reuters.com/business/autos-transportation/truckmaker-volvo-profit-just-misses-view-chip-shortage-weighs-2021-07-20/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121370539","content_text":"STOCKHOLM, July 20 (Reuters) - Sweden's AB Volvo(VOLVb.ST)reported second-quarter core earnings slightly below market expectations on Tuesday as the truckmaker juggled strong demand for its vehicles with intense pressure on its supply chain from a global chip shortage.\nAdjusted operating profit at the maker of trucks, construction equipment, buses and engines rose to 9.73 billion Swedish crowns ($1.12 billion) from 3.27 billion a year ago, undershooting the 9.84 billion seen by analysts according to Refinitiv data.\nA global shortage of semiconductors just as the market roared back after last year's pandemic plunge has squeezed makers of heavy-duty trucks as well as smaller vehicles, crimping production, extending lead times and lifting costs.\nVolvo, a rival of Germany's Daimler(DAIGn.DE)and Traton(8TRA.DE), said it struggled with substantial production stoppages as a result in the second quarter.\n\"There will be further disruptions and stoppages in both truck production and other parts of the group in the second half of the year,\" Volvo Chief Executive Officer Martin Lundstedt said in a statement.\nMeanwhile, demand for heavy-duty trucks is strong with a surge in online shopping due to the pandemic driving freight volumes and rates, emboldening fleet operators to move ahead with vehicle orders put on hold after the virus first struck.\nVolvo said order bookings of its trucks, sold under brands such as Mack and Renault as well as its own name, soared 143% from a weak year-ago quarter and stood by forecasts for solid market growth in both Europe and North America this year.","news_type":1,"symbols_score_info":{"VLVLY":0.9}},"isVote":1,"tweetType":1,"viewCount":2170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}