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NVIDIA CFO expects supply will remain a constraint on growth through at least fiscal 2028; memory prices are extremely elevated.

2026-08-27

NVIDIA CFO expects supply will remain a constraint on growth through at least fiscal 2028; memory prices are extremely elevated.

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2026-08-26

1. The US July PCE data did not show a renewed acceleration in inflation, nor did it continue to improve; the PCE remains significantly higher than the Fed's 2% target; core PCE has remained at 3.3%, indicating that underlying inflation remains relat

1. The US July PCE data did not show a renewed acceleration in inflation, nor did it continue to improve; the PCE remains significantly higher than the Fed's 2% target; core PCE has remained at 3.3%, indicating that underlying inflation remains relatively sticky. The data has not decreased, and is actually slightly hawkish. 2. Why is the CPI only 2.5%, while the PCE reaches 3.3%? This is the most noteworthy aspect of this news. CPI and PCE are not simply "two versions of inflation"; their weights and statistical methods differ. The July figures of 2.5% for core CPI and 3.3% for core PCE are not contradictory. In fact, this precisely illustrates that we cannot conclude that US inflation is close to the 2% target based solely on the improvement in the July CPI. 3. The real highlight is Warsh's speech. The PCE itself does not provide a particularly clear policy answer, as the data largely aligns with the market's previous understanding of a high-inflation environment. However, Warsh's speech may change the market's judgment on the future policy path, especially whether he believes that the current 3.3% core PCE is still too high.
2026-08-26

Typhoon Shadiel (No.18, strong typhoon) was located at 28.4°N, 126.4°E at 17:00 on Aug 26, about 561 km east of Wenzhou. Central pressure 955 hPa, maximum wind force level 14, moving west at 10 km/h. Zhejiang Maritime Safety Administration activated

Typhoon Shadiel (No.18, strong typhoon) was located at 28.4°N, 126.4°E at 17:00 on Aug 26, about 561 km east of Wenzhou. Central pressure 955 hPa, maximum wind force level 14, moving west at 10 km/h. Zhejiang Maritime Safety Administration activated a Level I typhoon emergency response at 18:00 on Aug 26 and ordered units to execute typhoon contingency plans.
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