AS78 personal page - To The Moon

AS78

AS78

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11-10

$NVIDIA Corp(NVDA)$ bull

11-02

$Apple(AAPL)$ bull

10-27

$Apple(AAPL)$ bull

10-19

$Apple(AAPL)$ bull

10-13

$Apple(AAPL)$ [Miser]

10-05

$JD-SW(09618)$ bull

09-30

$Apple(AAPL)$ bull

09-07

$ASML Holding NV(ASML)$ bull

08-24

$DBS Group Holdings(D05.SI)$ bull

08-10

$Tesla Motors(TSLA)$ bear

07-14

$Tesla Motors(TSLA)$ bull

07-06

$Tesla Motors(TSLA)$ bull

07-06

$Tesla Motors(TSLA)$ bull

06-30

$Apple(AAPL)$ [What]

06-22

$Tesla Motors(TSLA)$ [What]

06-16

[Miser]

@Tiger_comments:Is it Wise to Buy Stocks at Historical Highs?

06-16

$Advanced Micro Devices(AMD)$ [What]

06-02

$Apple(AAPL)$ bull

05-18

$Coinbase Global, Inc.(COIN)$ great

05-18

$Coinbase Global, Inc.(COIN)$ bull

Go to Tiger App to see more news

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[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/319423359025272","isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":317147578523784,"gmtCreate":1718467650697,"gmtModify":1718467655795,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"[Miser]&nbsp;&nbsp;","listText":"[Miser]&nbsp;&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317147578523784","repostId":"316535288164384","repostType":1,"repost":{"id":316535288164384,"gmtCreate":1718286748042,"gmtModify":1718298002315,"author":{"id":"3501196737273098","authorId":"3501196737273098","name":"Tiger_comments","avatar":"https://community-static.tradeup.com/news/227887b200e9925968650d5db4a8bfb3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3501196737273098","authorIdStr":"3501196737273098"},"themes":[],"title":"Is it Wise to Buy Stocks at Historical Highs?","htmlText":"Over the past year and a half, <a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> has risen nearly 50% from its low at the end of 2022. However, the stock market cannot keep rising indefinitely; a pullback will occur sooner or later. If you buy at historical highs and the market subsequently falls, your portfolio could suffer significant losses.Although buying at high points seems risky, if you can hold firmly for the long term, this risk can be mitigated.It depends on what type of investor you are. If you hold a stock or an index for the long term, it should be fine. For example, <a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> previously rose to a high of $950, then pulled back to $760, consolidated for two months, and then broke through to $1,000.Is buying at h","listText":"Over the past year and a half, <a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> has risen nearly 50% from its low at the end of 2022. However, the stock market cannot keep rising indefinitely; a pullback will occur sooner or later. If you buy at historical highs and the market subsequently falls, your portfolio could suffer significant losses.Although buying at high points seems risky, if you can hold firmly for the long term, this risk can be mitigated.It depends on what type of investor you are. If you hold a stock or an index for the long term, it should be fine. For example, <a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> previously rose to a high of $950, then pulled back to $760, consolidated for two months, and then broke through to $1,000.Is buying at h","text":"Over the past year and a half, $S&P 500(.SPX)$ has risen nearly 50% from its low at the end of 2022. However, the stock market cannot keep rising indefinitely; a pullback will occur sooner or later. If you buy at historical highs and the market subsequently falls, your portfolio could suffer significant losses.Although buying at high points seems risky, if you can hold firmly for the long term, this risk can be mitigated.It depends on what type of investor you are. If you hold a stock or an index for the long term, it should be fine. For example, $NVIDIA Corp(NVDA)$ previously rose to a high of $950, then pulled back to $760, consolidated for two months, and then broke through to $1,000.Is buying at h","images":[{"img":"https://community-static.tradeup.com/news/ad3d5c87ed30f121bafe32a43280b9d5","width":"300","height":"210"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/316535288164384","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":317147422626040,"gmtCreate":1718467614170,"gmtModify":1718467619633,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMD\">$Advanced Micro Devices(AMD)$&nbsp;</a><v-v data-views=\"0\"></v-v>[What]&nbsp;&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/AMD\">$Advanced Micro Devices(AMD)$&nbsp;</a><v-v data-views=\"0\"></v-v>[What]&nbsp;&nbsp;&nbsp;","text":"$Advanced Micro Devices(AMD)$ [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317147422626040","isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312357530624032,"gmtCreate":1717299865887,"gmtModify":1717299869240,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v> bull&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v> bull&nbsp;","text":"$Apple(AAPL)$ bull","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312357530624032","isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306987340472536,"gmtCreate":1715983244289,"gmtModify":1715983247976,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$&nbsp;</a><v-v data-views=\"1\"></v-v> great&nbsp;","listText":"<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$&nbsp;</a><v-v data-views=\"1\"></v-v> great&nbsp;","text":"$Coinbase Global, Inc.(COIN)$ great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/306987340472536","isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306987217338464,"gmtCreate":1715983212873,"gmtModify":1715983216659,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$&nbsp;</a><v-v data-views=\"1\"></v-v> bull&nbsp;","listText":"<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$&nbsp;</a><v-v data-views=\"1\"></v-v> bull&nbsp;","text":"$Coinbase Global, Inc.(COIN)$ bull","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306987217338464","isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9077369796,"gmtCreate":1658455346515,"gmtModify":1676536162105,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Ok//<a href=\"https://ttm.financial/U/3572923586954779\">@LimLS</a>: Companies that depends on Ad revenue should see similar bad results. Not too surprising. During Q1, Ad revenue is already seeing a slowdown as companies are trying to cut cost to prepare for possible recession. Cost cutting measures had increased over the last few months with so many companies announcing job cuts and hiring freeze. But not all is doom and gloom. They will be the first few to bounce back when recovery is in sight. So make use of this chance to observe and shortlist the stronger companies. Buy quality, avoid meme/hype.","listText":"Ok//<a href=\"https://ttm.financial/U/3572923586954779\">@LimLS</a>: Companies that depends on Ad revenue should see similar bad results. Not too surprising. During Q1, Ad revenue is already seeing a slowdown as companies are trying to cut cost to prepare for possible recession. Cost cutting measures had increased over the last few months with so many companies announcing job cuts and hiring freeze. But not all is doom and gloom. They will be the first few to bounce back when recovery is in sight. So make use of this chance to observe and shortlist the stronger companies. Buy quality, avoid meme/hype.","text":"Ok//@LimLS: Companies that depends on Ad revenue should see similar bad results. Not too surprising. During Q1, Ad revenue is already seeing a slowdown as companies are trying to cut cost to prepare for possible recession. Cost cutting measures had increased over the last few months with so many companies announcing job cuts and hiring freeze. But not all is doom and gloom. They will be the first few to bounce back when recovery is in sight. So make use of this chance to observe and shortlist the stronger companies. Buy quality, avoid meme/hype.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":65,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077369796","repostId":"2253777204","repostType":4,"repost":{"id":"2253777204","pubTimestamp":1658445948,"share":"https://ttm.financial/m/news/2253777204?lang=&edition=fundamental","pubTime":"2022-07-22 07:25","market":"us","language":"en","title":"After-Hours Movers: Snap Plunges on Weak Results and Lack of Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=2253777204","media":"StreetInsider","summary":"After-Hours Stock Movers:Snap (NYSE: SNAP) 26% LOWER; reported Q2 EPS of ($0.02), versus the analyst","content":"<html><head></head><body><p><b>After-Hours Stock Movers:</b></p><p>Snap (NYSE: SNAP) 26% LOWER; reported Q2 EPS of ($0.02), versus the analyst estimate of ($0.20). Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.15 billion. DAUs were 347 million in Q2 2022, an increase of 54 million, or 18%, year-over-year. Given uncertainties related to the operating environment, we are not providing our expectations for revenue or adjusted EBITDA for the third quarter of 2022.</p><p>Intuitive Surgical (NASDAQ: ISRG) 13% LOWER; reported Q2 EPS of $1.14, $0.06 worse than the analyst estimate of $1.20. Revenue for the quarter came in at $1.52 billion versus the consensus estimate of $1.56 billion.</p><p>Seagate Technology (NASDAQ: STX) 10% LOWER; reported Q4 EPS of $1.59, $0.31 worse than the analyst estimate of $1.90. Revenue for the quarter came in at $2.63 billion versus the consensus estimate of $2.8 billion. Seagate Technology sees Q1 2023 EPS of $1.20-$1.60, versus the consensus of $2.27. Seagate Technology sees Q1 2023 revenue of $2.35-2.65 billion, versus the consensus of $3.03 billion.</p><p>Corsair Gaming (NASDAQ: CRSR) 10% LOWER; preliminary second-quarter revenue was below the consensus.</p><p>Boston Beer Co. (NYSE: SAM) 8% LOWER; reported Q2 EPS of $4.31, $0.48 worse than the analyst estimate of $4.79. Revenue for the quarter came in at $655 million versus the consensus estimate of $628.99 million. Boston Beer Co. sees FY2022 EPS of $6.00-$11.00, versus the consensus of $11.67.</p><p>The Trade Desk, Inc. (NASDAQ: TTD) 7% LOWER; lower on SNAP&#39;s results, lack of guidance.</p><p><a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a> (NYSE: PINS) 6% LOWER; lower on SNAP&#39;s results, lack of guidance.</p><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, Inc. (NASDAQ: META) 5% LOWER; lower on SNAP&#39;s results, lack of guidance.</p><p>Capital One Financial (NYSE: COF) 5% LOWER; reported Q2 EPS of $4.96, $0.14 worse than the analyst estimate of $5.10. Revenue for the quarter came in at $8.2 billion versus the consensus estimate of $8.3 billion.</p><p>Alphabet Inc. (NASDAQ: GOOGL) 3% LOWER; lower on SNAP&#39;s results, lack of guidance.</p><p>Twitter, Inc. (NYSE: TWTR) 2% LOWER; lower on SNAP&#39;s results, lack of guidance.</p><p>Mattel (NASDAQ: MAT) 2% LOWER; reported Q2 EPS of $0.18, $0.12 better than the analyst estimate of $0.06. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.1 billion. Mattel sees FY2022 EPS of $1.42-$1.48, versus the consensus of $1.48.</p><h1></h1><h1></h1></body></html>","source":"highlight_streetinsider","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>After-Hours Movers: Snap Plunges on Weak Results and Lack of Guidance</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\">\nAfter-Hours Movers: Snap Plunges on Weak Results and Lack of Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-22 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20354519><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:Snap (NYSE: SNAP) 26% LOWER; reported Q2 EPS of ($0.02), versus the analyst estimate of ($0.20). Revenue for the quarter came in at $1.11 billion versus the consensus estimate...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20354519\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SAM":"波斯顿啤酒","STX":"希捷科技","TTD":"Trade Desk Inc.","META":"Meta Platforms, Inc.","CRSR":"Corsair Gaming, Inc.","GOOGL":"谷歌A","MAT":"美国美泰公司","GOOG":"谷歌","PINS":"Pinterest, Inc.","COF":"第一资本","SNAP":"Snap Inc","TWTR":"Twitter","ISRG":"直觉外科公司"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20354519","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253777204","content_text":"After-Hours Stock Movers:Snap (NYSE: SNAP) 26% LOWER; reported Q2 EPS of ($0.02), versus the analyst estimate of ($0.20). Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.15 billion. DAUs were 347 million in Q2 2022, an increase of 54 million, or 18%, year-over-year. Given uncertainties related to the operating environment, we are not providing our expectations for revenue or adjusted EBITDA for the third quarter of 2022.Intuitive Surgical (NASDAQ: ISRG) 13% LOWER; reported Q2 EPS of $1.14, $0.06 worse than the analyst estimate of $1.20. Revenue for the quarter came in at $1.52 billion versus the consensus estimate of $1.56 billion.Seagate Technology (NASDAQ: STX) 10% LOWER; reported Q4 EPS of $1.59, $0.31 worse than the analyst estimate of $1.90. Revenue for the quarter came in at $2.63 billion versus the consensus estimate of $2.8 billion. Seagate Technology sees Q1 2023 EPS of $1.20-$1.60, versus the consensus of $2.27. Seagate Technology sees Q1 2023 revenue of $2.35-2.65 billion, versus the consensus of $3.03 billion.Corsair Gaming (NASDAQ: CRSR) 10% LOWER; preliminary second-quarter revenue was below the consensus.Boston Beer Co. (NYSE: SAM) 8% LOWER; reported Q2 EPS of $4.31, $0.48 worse than the analyst estimate of $4.79. Revenue for the quarter came in at $655 million versus the consensus estimate of $628.99 million. Boston Beer Co. sees FY2022 EPS of $6.00-$11.00, versus the consensus of $11.67.The Trade Desk, Inc. (NASDAQ: TTD) 7% LOWER; lower on SNAP's results, lack of guidance.Pinterest, Inc. (NYSE: PINS) 6% LOWER; lower on SNAP's results, lack of guidance.Meta Platforms, Inc. (NASDAQ: META) 5% LOWER; lower on SNAP's results, lack of guidance.Capital One Financial (NYSE: COF) 5% LOWER; reported Q2 EPS of $4.96, $0.14 worse than the analyst estimate of $5.10. Revenue for the quarter came in at $8.2 billion versus the consensus estimate of $8.3 billion.Alphabet Inc. (NASDAQ: GOOGL) 3% LOWER; lower on SNAP's results, lack of guidance.Twitter, Inc. (NYSE: TWTR) 2% LOWER; lower on SNAP's results, lack of guidance.Mattel (NASDAQ: MAT) 2% LOWER; reported Q2 EPS of $0.18, $0.12 better than the analyst estimate of $0.06. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.1 billion. Mattel sees FY2022 EPS of $1.42-$1.48, versus the consensus of $1.48.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970503238,"gmtCreate":1684549359125,"gmtModify":1684549364811,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>Bullish&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>Bullish&nbsp;","text":"$Apple(AAPL)$ Bullish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":4,"repostSize":10,"link":"https://ttm.financial/post/9970503238","isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4091884160412060","authorId":"4091884160412060","name":"Aqa","avatar":"https://community-static.tradeup.com/news/4a899a6e247bc68815d3a2da3b82a81a","crmLevel":2,"crmLevelSwitch":1,"idStr":"4091884160412060","authorIdStr":"4091884160412060"},"content":"Thanks for sharing. Liked, shared & comment to support you. Buy AAPL! 👍🏻","text":"Thanks for sharing. Liked, shared & comment to support you. Buy AAPL! 👍🏻","html":"Thanks for sharing. Liked, shared & comment to support you. Buy AAPL! 👍🏻"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193332288635048,"gmtCreate":1688229915877,"gmtModify":1688229919434,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>bull forever","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>bull forever","text":"$Apple(AAPL)$ bull 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bull","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/346701057278192","isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341778227216560,"gmtCreate":1724463796290,"gmtModify":1724463800093,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS Group Holdings(D05.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v> bull&nbsp;","listText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS Group Holdings(D05.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v> bull&nbsp;","text":"$DBS Group Holdings(D05.SI)$ bull","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341778227216560","isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941844930,"gmtCreate":1680159378320,"gmtModify":1680159382030,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941844930","repostId":"9941842345","repostType":1,"repost":{"id":9941842345,"gmtCreate":1680158167388,"gmtModify":1680158859837,"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://community-static.tradeup.com/news/7a02781de36c0ac0f4851adb1cee54ff","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/RE4.SI\">$GEO ENERGY RESOURCES LIMITED(RE4.SI)$&nbsp;</a>suddenly wake up today one step higher 😂 bought back <a href=\"https://ttm.financial/S/O5RU.SI\">$AIMS APAC REIT(O5RU.SI)$&nbsp;</a> looking to add&nbsp;<a href=\"https://ttm.financial/S/O39.SI\">$OVERSEA-CHINESE BANKING CORP(O39.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>now that in red, what the best price ? My target actually below $12 is it possible? That day went below $12 due to bank crisis n US and EU, waiting directions a bit clearer it went up again 😅 What to do ? Missed the boat.&nbsp; Do you think OCBC will go below $12 again ? btw ex date dividend 08 May 2023 SGD 0.4&nbsp; Invest wisely my holding here still red because this is the latest plant after harvested earlier profit 😂 Not investment advic","listText":"<a href=\"https://ttm.financial/S/RE4.SI\">$GEO ENERGY RESOURCES LIMITED(RE4.SI)$&nbsp;</a>suddenly wake up today one step higher 😂 bought back <a href=\"https://ttm.financial/S/O5RU.SI\">$AIMS APAC REIT(O5RU.SI)$&nbsp;</a> looking to add&nbsp;<a href=\"https://ttm.financial/S/O39.SI\">$OVERSEA-CHINESE BANKING CORP(O39.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>now that in red, what the best price ? My target actually below $12 is it possible? That day went below $12 due to bank crisis n US and EU, waiting directions a bit clearer it went up again 😅 What to do ? Missed the boat.&nbsp; Do you think OCBC will go below $12 again ? btw ex date dividend 08 May 2023 SGD 0.4&nbsp; Invest wisely my holding here still red because this is the latest plant after harvested earlier profit 😂 Not investment advic","text":"$GEO ENERGY RESOURCES LIMITED(RE4.SI)$ suddenly wake up today one step higher 😂 bought back $AIMS APAC REIT(O5RU.SI)$ looking to add $OVERSEA-CHINESE BANKING CORP(O39.SI)$ now that in red, what the best price ? My target actually below $12 is it possible? That day went below $12 due to bank crisis n US and EU, waiting directions a bit clearer it went up again 😅 What to do ? Missed the boat. Do you think OCBC will go below $12 again ? btw ex date dividend 08 May 2023 SGD 0.4 Invest wisely my holding here still red because this is the latest plant after harvested earlier profit 😂 Not investment advic","images":[{"img":"https://community-static.tradeup.com/news/c9b9db95d4bd527335bdc4df73ea794b","width":"555","height":"647"},{"img":"https://community-static.tradeup.com/news/3cefc4a93085f55ff904d8f7a0c2471d","width":"750","height":"990"},{"img":"https://community-static.tradeup.com/news/4736240ed00d679f542d2a8886fa9364","width":"578","height":"668"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941842345","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":240243153232128,"gmtCreate":1699672078375,"gmtModify":1699672081342,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v>Bullish&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v>Bullish&nbsp;","text":"$NVIDIA Corp(NVDA)$ Bullish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/240243153232128","isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880225396,"gmtCreate":1631061034415,"gmtModify":1676530455092,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Please like and comment back, thanks&nbsp;","listText":"Please like and comment back, thanks&nbsp;","text":"Please like and comment back, thanks","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":8,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/880225396","repostId":"1180677223","repostType":4,"repost":{"id":"1180677223","pubTimestamp":1631057155,"share":"https://ttm.financial/m/news/1180677223?lang=&edition=fundamental","pubTime":"2021-09-08 07:25","market":"us","language":"en","title":"Apple to Hold Sept. 14 Event for New iPhone Line, Other Devices","url":"https://stock-news.laohu8.com/highlight/detail?id=1180677223","media":"Bloomberg","summary":"Updated phones will feature smaller notch and improved cameras\nCompany to hold virtual event to show","content":"<ul>\n <li>Updated phones will feature smaller notch and improved cameras</li>\n <li>Company to hold virtual event to showcase latest hardware</li>\n</ul>\n<p>Apple Inc.&nbsp;has set the date for its biggest product launch of the year: Sept. 14. That’s when the company is set to unveil its latest line of iPhones and other products ahead of a critical holiday season.</p>\n<p>The presentation, which features the tag line “California streaming,” will take place at 10 a.m. Pacific time next Tuesday. Like all of Apple’s launches since 2020, the event will be held virtually due to the Covid-19 pandemic.</p>\n<p><img src=\"https://static.tigerbbs.com/41066bfafdd6b682c4449e5c0cbbdac0\" tg-width=\"883\" tg-height=\"833\" width=\"100%\" height=\"auto\"></p>\n<p>The Cupertino, California-based technology giant has been readying four new iPhones, as well as Apple Watches with larger screens,Bloomberg has reported. Apple has also been working on revamped entry-level AirPods earbuds and new MacBook Pros. Apple typically holds multiple launches in the fall, so not every new device for 2021 may appear next week. Last year, it held three events across two months.</p>\n<p>The fall product season is critical for Apple, with analysts estimating that the company will generate $120 billion in revenue during the holiday quarter. That would be an all-time record.</p>\n<p>The new iPhones are expected to have the same 5.4-inch, 6.1-inch and 6.7-inch screen sizes as last year’s iPhone 12, but the devices will include camera upgrades like a video version of Portrait mode, support for the higher-quality ProRes video recording resolution and more advanced filters system. Also coming to this year’s models are faster A15 processors, a smaller cutout at the top of the screen and display improvements like a faster refresh rate.</p>\n<p>Apple has also been planning a slew of satellite features for emergencies, such as a mechanism for reaching first-responder services and texting key contacts. While the new iPhone hardware may support the features, they aren’t expected to become available until sometime next year.</p>\n<p>The&nbsp;new Apple Watches&nbsp;will feature the first redesign to the product since the Series 4 in 2018. The new models will have flatter edges and displays, in addition to a&nbsp;sizable increase to the screen sizes. They’ll feature 41-millimeter and 45-millimeter cases, up from 40 and 44 millimeters.</p>\n<p>The larger model will also have a screen of about 1.9 inches diagonally, up from 1.78 inches. And it will include a faster processor and updated wireless technology. But the watches have faced production snags, which&nbsp;could result in shortages.</p>\n<p>Also coming this fall are the new MacBook Pros, iPads and AirPods. The MacBook Pros will be Apple’s first high-end computers to transition over to custom processors. And they’ll mark the first redesign to the MacBook Pro since 2016. The new models will include flatter edges and the removal of the Touch Bar strip on the keyboard. They also will offer MagSafe magnetic charging.</p>\n<p>The&nbsp;new AirPods will look similar&nbsp;to the AirPods Pro, but lack pricier features like noise cancellation. Apple hasn’t refreshed the entry-level earbuds since early 2019, but it released AirPods Max headphones last December.</p>\n<p>The company is&nbsp;planning two new iPads&nbsp;for this fall. First, an update to the base iPad geared toward schools. That version will get a faster processor and a thinner design. Second is the biggest overhaul to the iPad mini since the product first debuted in 2012. The new version will have a larger screen and thinner borders.</p>\n<p>Alongside the new hardware, Apple will also roll out the previously announced iOS and iPadOS 15, watchOS 8, tvOS 15 and macOS Monterey software updates. Apple typically gives release timing for those updates at these types of product launches.</p>","source":"lsy1584095487587","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>Apple to Hold Sept. 14 Event for New iPhone Line, Other Devices</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\">\nApple to Hold Sept. 14 Event for New iPhone Line, Other Devices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-07/apple-to-hold-sept-14-event-for-new-iphone-line-other-devices><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Updated phones will feature smaller notch and improved cameras\nCompany to hold virtual event to showcase latest hardware\n\nApple Inc. has set the date for its biggest product launch of the year: Sept. ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-07/apple-to-hold-sept-14-event-for-new-iphone-line-other-devices\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-07/apple-to-hold-sept-14-event-for-new-iphone-line-other-devices","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180677223","content_text":"Updated phones will feature smaller notch and improved cameras\nCompany to hold virtual event to showcase latest hardware\n\nApple Inc. has set the date for its biggest product launch of the year: Sept. 14. That’s when the company is set to unveil its latest line of iPhones and other products ahead of a critical holiday season.\nThe presentation, which features the tag line “California streaming,” will take place at 10 a.m. Pacific time next Tuesday. Like all of Apple’s launches since 2020, the event will be held virtually due to the Covid-19 pandemic.\n\nThe Cupertino, California-based technology giant has been readying four new iPhones, as well as Apple Watches with larger screens,Bloomberg has reported. Apple has also been working on revamped entry-level AirPods earbuds and new MacBook Pros. Apple typically holds multiple launches in the fall, so not every new device for 2021 may appear next week. Last year, it held three events across two months.\nThe fall product season is critical for Apple, with analysts estimating that the company will generate $120 billion in revenue during the holiday quarter. That would be an all-time record.\nThe new iPhones are expected to have the same 5.4-inch, 6.1-inch and 6.7-inch screen sizes as last year’s iPhone 12, but the devices will include camera upgrades like a video version of Portrait mode, support for the higher-quality ProRes video recording resolution and more advanced filters system. Also coming to this year’s models are faster A15 processors, a smaller cutout at the top of the screen and display improvements like a faster refresh rate.\nApple has also been planning a slew of satellite features for emergencies, such as a mechanism for reaching first-responder services and texting key contacts. While the new iPhone hardware may support the features, they aren’t expected to become available until sometime next year.\nThe new Apple Watches will feature the first redesign to the product since the Series 4 in 2018. The new models will have flatter edges and displays, in addition to a sizable increase to the screen sizes. They’ll feature 41-millimeter and 45-millimeter cases, up from 40 and 44 millimeters.\nThe larger model will also have a screen of about 1.9 inches diagonally, up from 1.78 inches. And it will include a faster processor and updated wireless technology. But the watches have faced production snags, which could result in shortages.\nAlso coming this fall are the new MacBook Pros, iPads and AirPods. The MacBook Pros will be Apple’s first high-end computers to transition over to custom processors. And they’ll mark the first redesign to the MacBook Pro since 2016. The new models will include flatter edges and the removal of the Touch Bar strip on the keyboard. They also will offer MagSafe magnetic charging.\nThe new AirPods will look similar to the AirPods Pro, but lack pricier features like noise cancellation. Apple hasn’t refreshed the entry-level earbuds since early 2019, but it released AirPods Max headphones last December.\nThe company is planning two new iPads for this fall. First, an update to the base iPad geared toward schools. That version will get a faster processor and a thinner design. Second is the biggest overhaul to the iPad mini since the product first debuted in 2012. The new version will have a larger screen and thinner borders.\nAlongside the new hardware, Apple will also roll out the previously announced iOS and iPadOS 15, watchOS 8, tvOS 15 and macOS Monterey software updates. Apple typically gives release timing for those updates at these types of product launches.","news_type":1},"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115484027,"gmtCreate":1623027191869,"gmtModify":1704194487188,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Please like and comment my post, thanks&nbsp;","listText":"Please like and comment my post, thanks&nbsp;","text":"Please like and comment my post, thanks","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":8,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/115484027","repostId":"1102053637","repostType":4,"repost":{"id":"1102053637","pubTimestamp":1623027033,"share":"https://ttm.financial/m/news/1102053637?lang=&edition=fundamental","pubTime":"2021-06-07 08:50","market":"us","language":"en","title":"G-7 Strikes Deal to Revamp Tax Rules for Biggest Firms","url":"https://stock-news.laohu8.com/highlight/detail?id=1102053637","media":"Bloomberg","summary":"(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to o","content":"<p>(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.</p><p>The Group of Seven rich nations secured a landmark deal that could help countries collect more taxes from big companies and enable governments to impose levies on U.S. tech giants such as Amazon.com Inc. and Facebook Inc.</p><p>The agreement by the G-7 finance ministers in London satisfies a U.S. demand for a minimum corporate tax rate of “at least 15%” on foreign earnings and paves the way for levies on multinationals in countries where they make money, instead of just where they are headquartered.</p><p>The deal is aimed at modernizing the century-old international tax code and cools transatlantic tensions that threatened to spill into a trade war under Donald Trump. But key details are still to be nailed down, more nations must sign on, and full implementation could take years.</p><p>U.S. Treasury Secretary Janet Yellen, among the finance chiefs who hailed the announcement as an unprecedented step, said a final accord on which companies could see their profits taxed outside their home countries would include the likes of Amazon and Facebook.</p><p>“What you’re seeing is a revival of multilateralism, a willingness of leading nations in the G-7 and G-20, to cooperate to address the most critical challenges facing the global economies,” Yellen said after the meeting.</p><p>Focus will now shift to a July meeting of the Group of 20 finance ministers in Italy and long-running talks between about 140 countries at the Organization for Economic Cooperation and Development.</p><p>The G-7 pact marks a step to re-write a global system that critics said allowed big companies to save billions of dollars in tax bills by shifting jurisdictions. It’s also help address complaints that major digital companies can make money in multiple countries and pay taxes only at home.</p><p>In response to the announcement, some of the world’s biggest tech companies focused on how the deal could help clear up the rules on where to pay taxes.</p><p>“Today’s agreement is a significant first step toward certainty for businesses and strengthening public confidence in the global tax system,” Facebook’s Global Affairs Vice President Nick Clegg said on Twitter.</p><p>An Amazon spokesperson said the OECD-led process “will help bring stability to the international tax system” and described Saturday’s deal as a “welcome step forward in the effort to achieve this goal.”</p><p>Under the Trump administration, the U.S. had also refused to allow foreign governments to tax American digital companies, a key European demand.</p><p>The transatlantic division spiraled into a battle of unilateral measures and threats of trade sanctions, which although suspended, are still in place.</p><p>According to the communique after the London meeting, countries where big firms operate would get the right to tax “at least 20%” of profits exceeding a 10% margin. That would apply to “the largest and most profitable multinational enterprises,” potentially enabling the G-7 to square the circle so that digital is included without being targeted.</p><p>Asked whether that means companies like Facebook and Amazon would be included, Yellen said they would qualify “by almost any definition,” and “most of those firms are likely to be included in this new scheme.”</p><p>The ministers of the U.K. and France both said they were now assured that tech giants would be in the cross-hairs of new rules, even as the final quantitative criteria are still to be determined.</p><p>“We’ve been fighting for four years in all European and international forums, here at the G-7 and the G-20 for a fair taxation of digital giants and for a minimum corporate tax,” France’s Finance Minister Bruno Le Maire said.</p><p>The antipathy in recent years was greatest between Paris and Washington. France was the first country to bypass the slow-going OECD process on how to tax profits, opting for a controversial levy exclusively on the digital revenues of large firms.</p><p>The G-7 said that countries would “provide for appropriate coordination” to remove such digital services taxes. Resolving the exact sequencing of that could prove tricky, with countries unwilling to give up revenues before they have certainty over what they will gain from new global rules.</p><p>Italian Finance Minister Daniele Franco said he’ll aim to broaden the discussion when G-20 finance ministers meet in July in Venice. Once the proposal is agreed, Italy will no longer need its digital tax, he said.</p><p>Japan’s Finance Minister, Taro Aso said the change in U.S. leadership this year had opened space for an agreement and criticism of the big profits being made by tech companies also galvanized the group to take action.</p><p>Two Issues</p><p>Highlighting other remaining divisions, the finance minister of Ireland, whose country has attracted some of the world’s big businesses with low taxes, said any deal on a minimum rate must meet the needs of “small and large countries, developed and developing.”</p><p>Pushing in the other direction, Le Maire said the 15% is a starting point and France would fight for a higher rate in the coming weeks.</p><p>President Joe Biden’s administration still needs approval from the U.S. Congress and will hope the deal hands it leverage for its massive infrastructure program. It is seeking support from lawmakers to raise the domestic corporate tax rate to 28% from 21%. An international deal for 15% could help him because it offers multinationals options.</p><p>Two top Republican lawmakers said the agreement “appears premature given the many unanswered questions about the Pillar 1 and Pillar 2 proposals and their potential effect on American companies and U.S. revenues.”</p><p>“We continue to caution against moving forward in a way that could adversely affect U.S. businesses,” Senate Finance Committee Ranking Member Mike Crapo and House Ways and Means Ranking Member Kevin Brady said in a statement.</p><p>The OECD has said a final global deal may not come until October, with delivery requiring nations to pass the plan through national legislatures.</p><p>“There is important work left to do,” said OECD Secretary-General Mathias Cormann. “But this decision adds important momentum to the coming discussions.”</p>","source":"lsy1612507957220","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>G-7 Strikes Deal to Revamp Tax Rules for Biggest Firms</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\">\nG-7 Strikes Deal to Revamp Tax Rules for Biggest Firms\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 08:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/g-7-strikes-historic-deal-113523085.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.The Group of Seven rich nations secured a landmark deal that could help countries collect...</p>\n\n<a href=\"https://finance.yahoo.com/news/g-7-strikes-historic-deal-113523085.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/g-7-strikes-historic-deal-113523085.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102053637","content_text":"(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.The Group of Seven rich nations secured a landmark deal that could help countries collect more taxes from big companies and enable governments to impose levies on U.S. tech giants such as Amazon.com Inc. and Facebook Inc.The agreement by the G-7 finance ministers in London satisfies a U.S. demand for a minimum corporate tax rate of “at least 15%” on foreign earnings and paves the way for levies on multinationals in countries where they make money, instead of just where they are headquartered.The deal is aimed at modernizing the century-old international tax code and cools transatlantic tensions that threatened to spill into a trade war under Donald Trump. But key details are still to be nailed down, more nations must sign on, and full implementation could take years.U.S. Treasury Secretary Janet Yellen, among the finance chiefs who hailed the announcement as an unprecedented step, said a final accord on which companies could see their profits taxed outside their home countries would include the likes of Amazon and Facebook.“What you’re seeing is a revival of multilateralism, a willingness of leading nations in the G-7 and G-20, to cooperate to address the most critical challenges facing the global economies,” Yellen said after the meeting.Focus will now shift to a July meeting of the Group of 20 finance ministers in Italy and long-running talks between about 140 countries at the Organization for Economic Cooperation and Development.The G-7 pact marks a step to re-write a global system that critics said allowed big companies to save billions of dollars in tax bills by shifting jurisdictions. It’s also help address complaints that major digital companies can make money in multiple countries and pay taxes only at home.In response to the announcement, some of the world’s biggest tech companies focused on how the deal could help clear up the rules on where to pay taxes.“Today’s agreement is a significant first step toward certainty for businesses and strengthening public confidence in the global tax system,” Facebook’s Global Affairs Vice President Nick Clegg said on Twitter.An Amazon spokesperson said the OECD-led process “will help bring stability to the international tax system” and described Saturday’s deal as a “welcome step forward in the effort to achieve this goal.”Under the Trump administration, the U.S. had also refused to allow foreign governments to tax American digital companies, a key European demand.The transatlantic division spiraled into a battle of unilateral measures and threats of trade sanctions, which although suspended, are still in place.According to the communique after the London meeting, countries where big firms operate would get the right to tax “at least 20%” of profits exceeding a 10% margin. That would apply to “the largest and most profitable multinational enterprises,” potentially enabling the G-7 to square the circle so that digital is included without being targeted.Asked whether that means companies like Facebook and Amazon would be included, Yellen said they would qualify “by almost any definition,” and “most of those firms are likely to be included in this new scheme.”The ministers of the U.K. and France both said they were now assured that tech giants would be in the cross-hairs of new rules, even as the final quantitative criteria are still to be determined.“We’ve been fighting for four years in all European and international forums, here at the G-7 and the G-20 for a fair taxation of digital giants and for a minimum corporate tax,” France’s Finance Minister Bruno Le Maire said.The antipathy in recent years was greatest between Paris and Washington. France was the first country to bypass the slow-going OECD process on how to tax profits, opting for a controversial levy exclusively on the digital revenues of large firms.The G-7 said that countries would “provide for appropriate coordination” to remove such digital services taxes. Resolving the exact sequencing of that could prove tricky, with countries unwilling to give up revenues before they have certainty over what they will gain from new global rules.Italian Finance Minister Daniele Franco said he’ll aim to broaden the discussion when G-20 finance ministers meet in July in Venice. Once the proposal is agreed, Italy will no longer need its digital tax, he said.Japan’s Finance Minister, Taro Aso said the change in U.S. leadership this year had opened space for an agreement and criticism of the big profits being made by tech companies also galvanized the group to take action.Two IssuesHighlighting other remaining divisions, the finance minister of Ireland, whose country has attracted some of the world’s big businesses with low taxes, said any deal on a minimum rate must meet the needs of “small and large countries, developed and developing.”Pushing in the other direction, Le Maire said the 15% is a starting point and France would fight for a higher rate in the coming weeks.President Joe Biden’s administration still needs approval from the U.S. Congress and will hope the deal hands it leverage for its massive infrastructure program. It is seeking support from lawmakers to raise the domestic corporate tax rate to 28% from 21%. An international deal for 15% could help him because it offers multinationals options.Two top Republican lawmakers said the agreement “appears premature given the many unanswered questions about the Pillar 1 and Pillar 2 proposals and their potential effect on American companies and U.S. revenues.”“We continue to caution against moving forward in a way that could adversely affect U.S. businesses,” Senate Finance Committee Ranking Member Mike Crapo and House Ways and Means Ranking Member Kevin Brady said in a statement.The OECD has said a final global deal may not come until October, with delivery requiring nations to pass the plan through national legislatures.“There is important work left to do,” said OECD Secretary-General Mathias Cormann. “But this decision adds important momentum to the coming discussions.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571101390027565","authorId":"3571101390027565","name":"guohaoer","avatar":"https://static.tigerbbs.com/db4aff1cc5b9b782a032756d0ead58b5","crmLevel":4,"crmLevelSwitch":0,"idStr":"3571101390027565","authorIdStr":"3571101390027565"},"content":"Comment Back please","text":"Comment Back please","html":"Comment Back please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811935099,"gmtCreate":1630282971511,"gmtModify":1676530255268,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Please like and comment back, thanks&nbsp;","listText":"Please like and comment back, thanks&nbsp;","text":"Please like and comment back, thanks","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":9,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/811935099","repostId":"2163776380","repostType":4,"repost":{"id":"2163776380","pubTimestamp":1630268536,"share":"https://ttm.financial/m/news/2163776380?lang=&edition=fundamental","pubTime":"2021-08-30 04:22","market":"other","language":"en","title":"August jobs report, Consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2163776380","media":"Yahoo Finance","summary":"New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the summer.The Labor Department's August jobs report will be the marquee economic report out this week. Consensus economists expect to see that a still-robust 750,000 jobs came back in August, according to Bloomberg data. This would represent a significant print by pre-pandemic standards, but still mark a d","content":"<p>New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the summer.</p>\n<p>The Labor Department's August jobs report will be the marquee economic report out this week. Consensus economists expect to see that a still-robust 750,000 jobs came back in August, according to Bloomberg data. This would represent a significant print by pre-pandemic standards, but still mark a deceleration from July's increase of 943,000 jobs. The unemployment rate likely improved further, reaching 5.2% from the 5.4% reported during July.</p>\n<p>The August jobs report is set to be an especially telling report, capturing the impact of the latest surge in coronavirus cases on the U.S. labor market. Other recent economic reports already began to reflect the Delta variant impacts on activity: Job creation in the U.S. services sector slowed by the most since February, while manufacturing sector workforce numbers increased by the least since last year, according to IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a>'s latest purchasing managers' index reports.</p>\n<p>\"High frequency labor market data are signaling a marked slowdown in employment activity in the August payroll survey week, suggesting downside risk to our forecast,\" Bank of America economist Michelle Meyer wrote in a note on Friday, adding that she expects non-farm payrolls to grow by just 600,000 for August.</p>\n<p>\"Our below-consensus non-farm payrolls forecast is predicated on the markedly weaker high frequency employment data between the July and August payroll survey periods,\" Meyer added. \"Specifically, the Homebase and UKG employment series were both down 3.4% and 2.4%, respectively, over the month.\"</p>\n<p>The outcome of the August jobs report will also be another closely watched data point informing the Federal Reserve's next moves on monetary policy, signaling whether the labor market has recovered enough to warrant a less accommodative tilt. Namely, many Fed officials have been waiting to see the evolution of the labor market recovery to determine the timing for the central bank to announce tapering of its $120 billion per month asset purchase program.</p>\n<p>Last week, Federal Reserve Chair Jerome Powell said during the central bank's virtual Jackson Hole symposium that there has \"been clear progress toward maximum employment\" and suggested \"it could be appropriate to start reducing the pace of asset purchases this year\" if the recovery continues to improve.</p>\n<p>However, he also flagged the ongoing risks introduced by the Delta variant, and added that an \"ill-time policy move\" could knock the recovery off its trajectory.</p>\n<p><img src=\"https://static.tigerbbs.com/67ac641337acd82a0408b6109dad21f9\" tg-width=\"5505\" tg-height=\"3655\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">NEW YORK, NEW YORK - MAY 27: People walk near Little Island park on May 27, 2021 in New York City. On May 19, all pandemic restrictions, including mask mandates, social distancing guidelines, venue capacities and restaurant curfews were lifted by New York Governor Andrew Cuomo. (Photo by Noam Galai/Getty Images)Noam Galai via Getty Images</p>\n<p>\"Given the emphasis that Powell and other FOMC members have placed on incoming data — especially on the labor market — the payrolls report will probably take on even greater importance than usual,\" Jonas Goltermann, senior markets economist for Capital Economics, wrote in a note on Friday. \"We expect another robust increase in U.S. employment,\"</p>\n<p>Other data in Friday's jobs report will include average hourly wage changes. These are expected to grow 0.3% over last month and 4.0% over last year, with these paces remaining roughly unchanged compared to July. The increases are set to come as job growth slows across lower-wage roles after an initial reopening surge in hiring in the spring and early summer, and as worker shortages push up compensation costs across many firms.</p>\n<h3>Consumer confidence</h3>\n<p>Other economic data due for release this week will reflect consumers' assessments of the recovery.</p>\n<p>The Conference Board's consumer confidence index is set for release on Tuesday, with a drop baked into the forecast. Consensus economists expect the index to slip to 123.0 for August, down from 129.1 in July, according to Bloomberg data. July's print had been the highest since February 2020, marking a rebound in confidence back to pre-pandemic levels.</p>\n<p>The Conference Board's labor differential, or difference between those who said jobs are \"plentiful\" less those who said jobs were \"hard to get,\" also increased to the most since 2000 in last month's report, pointing to the abundance of job openings as employers seek out workers to meet rising demand.</p>\n<p>Consumer confidence and sentiment indices have been monitored closely this year as a gauge of the outlook among Americans at large, pointing to consumers' propensity to spend and presaging demand trends for goods, services and labor down the line. The data have been bumpy in recent months, however, and have ebbed and flowed largely in line with COVID-19 infection trends.</p>\n<p>The latest surge in the Delta variant catalyzed a collapse in the University of Michigan's Surveys of Consumers index for August, suggesting the Conference Board's measure might also see a similar dip for the month. The University of Michigan's consumer sentiment index slid to a 10-year low in August, plunging to 70.3 from July's 81.2.</p>\n<p>\"Consumers' extreme reactions were due to the surging Delta variant, higher inflation, slower wage growth, and smaller declines in unemployment,\" Richard Curtin, Surveys of Consumers chief economist, wrote in a press statement. \"The extraordinary falloff in sentiment also reflects an emotional response, from dashed hopes that the pandemic would soon end and lives could return to normal.\"</p>\n<h3>Economic calendar</h3>\n<ul>\n <li><p><b>Monday: </b>Pending home sales, month-over-month, July (0.4% expected, -1.9% in June); Dallas Fed Manufacturing Activity index, August (23.0 expected, 27.3 in July)</p></li>\n <li><p><b>Tuesday: </b>FHFA Home Price index, month-over-month, June (1.9% expected, 1.7% in May); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City index, month-over-month, June (1.87% expected, 1.81% in May); S&amp;P CoreLogic Case-Shiller 20-City index, year-over-year, June (18.60% expected, 16.99% in May); MNI Chicago PMI, August (68.0 expected, 73.4 in July); Conference Board Consumer Confidence, August (123.4 expected, 129.1 in July)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended August 27 (1.6% during prior week); ADP employment change, August (650,000 expected, 330,000 in July); Markit U.S. Manufacturing PMI, August final (61.2 expected, 61.2 in prior print); Construction spending, month-over-month (0.2% expected, 0.1% in June); ISM Manufacturing index, August (58.5 expected, 59.5 in July)</p></li>\n <li><p><b>Thursday: </b>Challenger Job Cuts, year-over-year, August (-92.8% in July); Initial jobless claims, week ended August 28 (346,000 expected, 353,000 during prior week); Continuing claims, week ended August 21 (2.862 million during prior week); Unit labor costs, 2Q final (1.0% expected, 1.0% in prior print); Trade balance, July (-$74.1 billion expected, -$75.7 billion in June); Factory orders, July (0.3% expected, 1.5% in June); Durable goods orders, July final (-0.1% in prior print); Non-defense capital goods orders, excluding aircraft, July final (0.0% in prior print); Non-defense capital goods shipments, July final (1.0% in prior print)</p></li>\n <li><p><b>Friday: </b>Change in non-farm payrolls, August (750,000 expected, 943,000 in July); Change in manufacturing payrolls, August (700,000 expected, 703,000 in July); Unemployment rate, August (5.2% expected, 5.4% in July); Average hourly earnings, month-over-month, August (0.3% expected, 0.4% in July); Average hourly earnings, year-over-year, August (3.9% expected, 4.0% in July); Markit U.S. services PMI, August final (55.2 expected, 55.2 in prior print); Markit U.S. composite PMI, August final (55.4 in prior print); ISM Services Index, August (62.0 expected, 64.1 in July)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications (ZM) after market close</p></li>\n <li><p><b>Tuesday: </b>Crowdstrike (CRWD) after market close</p></li>\n <li><p><b>Wednesday: </b>Campbell Soup (CPB) before market open; Okta (OKTA), Chewy (CHWY), C3.ai (AI), Asana (ASAN) after market close</p></li>\n <li><p><b>Thursday: </b>American Eagle Outfitters (AEO) before market open; Broadcom (AVGO), DocuSign (DOCU), MongoDB (MDB) after market close</p></li>\n <li><p><b>Friday:</b><i> </i>No notable reports scheduled for release</p></li>\n</ul>","source":"yahoofinance_au","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>August jobs report, Consumer confidence: What to know this week</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; 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}\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\">\nAugust jobs report, Consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 04:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/august-jobs-report-consumer-confidence-what-to-know-this-week-202216254.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/august-jobs-report-consumer-confidence-what-to-know-this-week-202216254.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/650fad7fca15e203aa26611c0dfb8d62","relate_stocks":{"WMT":"沃尔玛","SPY.AU":"SPDR® S&P 500® ETF Trust","TGT":"塔吉特","XRT":"零售指数ETF-SPDR标普"},"source_url":"https://finance.yahoo.com/news/august-jobs-report-consumer-confidence-what-to-know-this-week-202216254.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163776380","content_text":"New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the summer.\nThe Labor Department's August jobs report will be the marquee economic report out this week. Consensus economists expect to see that a still-robust 750,000 jobs came back in August, according to Bloomberg data. This would represent a significant print by pre-pandemic standards, but still mark a deceleration from July's increase of 943,000 jobs. The unemployment rate likely improved further, reaching 5.2% from the 5.4% reported during July.\nThe August jobs report is set to be an especially telling report, capturing the impact of the latest surge in coronavirus cases on the U.S. labor market. Other recent economic reports already began to reflect the Delta variant impacts on activity: Job creation in the U.S. services sector slowed by the most since February, while manufacturing sector workforce numbers increased by the least since last year, according to IHS Markit's latest purchasing managers' index reports.\n\"High frequency labor market data are signaling a marked slowdown in employment activity in the August payroll survey week, suggesting downside risk to our forecast,\" Bank of America economist Michelle Meyer wrote in a note on Friday, adding that she expects non-farm payrolls to grow by just 600,000 for August.\n\"Our below-consensus non-farm payrolls forecast is predicated on the markedly weaker high frequency employment data between the July and August payroll survey periods,\" Meyer added. \"Specifically, the Homebase and UKG employment series were both down 3.4% and 2.4%, respectively, over the month.\"\nThe outcome of the August jobs report will also be another closely watched data point informing the Federal Reserve's next moves on monetary policy, signaling whether the labor market has recovered enough to warrant a less accommodative tilt. Namely, many Fed officials have been waiting to see the evolution of the labor market recovery to determine the timing for the central bank to announce tapering of its $120 billion per month asset purchase program.\nLast week, Federal Reserve Chair Jerome Powell said during the central bank's virtual Jackson Hole symposium that there has \"been clear progress toward maximum employment\" and suggested \"it could be appropriate to start reducing the pace of asset purchases this year\" if the recovery continues to improve.\nHowever, he also flagged the ongoing risks introduced by the Delta variant, and added that an \"ill-time policy move\" could knock the recovery off its trajectory.\nNEW YORK, NEW YORK - MAY 27: People walk near Little Island park on May 27, 2021 in New York City. On May 19, all pandemic restrictions, including mask mandates, social distancing guidelines, venue capacities and restaurant curfews were lifted by New York Governor Andrew Cuomo. (Photo by Noam Galai/Getty Images)Noam Galai via Getty Images\n\"Given the emphasis that Powell and other FOMC members have placed on incoming data — especially on the labor market — the payrolls report will probably take on even greater importance than usual,\" Jonas Goltermann, senior markets economist for Capital Economics, wrote in a note on Friday. \"We expect another robust increase in U.S. employment,\"\nOther data in Friday's jobs report will include average hourly wage changes. These are expected to grow 0.3% over last month and 4.0% over last year, with these paces remaining roughly unchanged compared to July. The increases are set to come as job growth slows across lower-wage roles after an initial reopening surge in hiring in the spring and early summer, and as worker shortages push up compensation costs across many firms.\nConsumer confidence\nOther economic data due for release this week will reflect consumers' assessments of the recovery.\nThe Conference Board's consumer confidence index is set for release on Tuesday, with a drop baked into the forecast. Consensus economists expect the index to slip to 123.0 for August, down from 129.1 in July, according to Bloomberg data. July's print had been the highest since February 2020, marking a rebound in confidence back to pre-pandemic levels.\nThe Conference Board's labor differential, or difference between those who said jobs are \"plentiful\" less those who said jobs were \"hard to get,\" also increased to the most since 2000 in last month's report, pointing to the abundance of job openings as employers seek out workers to meet rising demand.\nConsumer confidence and sentiment indices have been monitored closely this year as a gauge of the outlook among Americans at large, pointing to consumers' propensity to spend and presaging demand trends for goods, services and labor down the line. The data have been bumpy in recent months, however, and have ebbed and flowed largely in line with COVID-19 infection trends.\nThe latest surge in the Delta variant catalyzed a collapse in the University of Michigan's Surveys of Consumers index for August, suggesting the Conference Board's measure might also see a similar dip for the month. The University of Michigan's consumer sentiment index slid to a 10-year low in August, plunging to 70.3 from July's 81.2.\n\"Consumers' extreme reactions were due to the surging Delta variant, higher inflation, slower wage growth, and smaller declines in unemployment,\" Richard Curtin, Surveys of Consumers chief economist, wrote in a press statement. \"The extraordinary falloff in sentiment also reflects an emotional response, from dashed hopes that the pandemic would soon end and lives could return to normal.\"\nEconomic calendar\n\nMonday: Pending home sales, month-over-month, July (0.4% expected, -1.9% in June); Dallas Fed Manufacturing Activity index, August (23.0 expected, 27.3 in July)\nTuesday: FHFA Home Price index, month-over-month, June (1.9% expected, 1.7% in May); S&P CoreLogic Case-Shiller 20-City index, month-over-month, June (1.87% expected, 1.81% in May); S&P CoreLogic Case-Shiller 20-City index, year-over-year, June (18.60% expected, 16.99% in May); MNI Chicago PMI, August (68.0 expected, 73.4 in July); Conference Board Consumer Confidence, August (123.4 expected, 129.1 in July)\nWednesday: MBA Mortgage Applications, week ended August 27 (1.6% during prior week); ADP employment change, August (650,000 expected, 330,000 in July); Markit U.S. Manufacturing PMI, August final (61.2 expected, 61.2 in prior print); Construction spending, month-over-month (0.2% expected, 0.1% in June); ISM Manufacturing index, August (58.5 expected, 59.5 in July)\nThursday: Challenger Job Cuts, year-over-year, August (-92.8% in July); Initial jobless claims, week ended August 28 (346,000 expected, 353,000 during prior week); Continuing claims, week ended August 21 (2.862 million during prior week); Unit labor costs, 2Q final (1.0% expected, 1.0% in prior print); Trade balance, July (-$74.1 billion expected, -$75.7 billion in June); Factory orders, July (0.3% expected, 1.5% in June); Durable goods orders, July final (-0.1% in prior print); Non-defense capital goods orders, excluding aircraft, July final (0.0% in prior print); Non-defense capital goods shipments, July final (1.0% in prior print)\nFriday: Change in non-farm payrolls, August (750,000 expected, 943,000 in July); Change in manufacturing payrolls, August (700,000 expected, 703,000 in July); Unemployment rate, August (5.2% expected, 5.4% in July); Average hourly earnings, month-over-month, August (0.3% expected, 0.4% in July); Average hourly earnings, year-over-year, August (3.9% expected, 4.0% in July); Markit U.S. services PMI, August final (55.2 expected, 55.2 in prior print); Markit U.S. composite PMI, August final (55.4 in prior print); ISM Services Index, August (62.0 expected, 64.1 in July)\n\nEarnings calendar\n\nMonday: Zoom Video Communications (ZM) after market close\nTuesday: Crowdstrike (CRWD) after market close\nWednesday: Campbell Soup (CPB) before market open; Okta (OKTA), Chewy (CHWY), C3.ai (AI), Asana (ASAN) after market close\nThursday: American Eagle Outfitters (AEO) before market open; Broadcom (AVGO), DocuSign (DOCU), MongoDB (MDB) after market close\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113368500,"gmtCreate":1622594765000,"gmtModify":1704186916338,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Please help to like and comment, thanks&nbsp;","listText":"Please help to like and comment, thanks&nbsp;","text":"Please help to like and comment, thanks","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":7,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/113368500","repostId":"1106176005","repostType":4,"repost":{"id":"1106176005","pubTimestamp":1622588821,"share":"https://ttm.financial/m/news/1106176005?lang=&edition=fundamental","pubTime":"2021-06-02 07:07","market":"us","language":"en","title":"S&P 500 dips, as healthcare weighs; Dow ends higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1106176005","media":"Reuters","summary":"The S&P 500dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.The S&P 500 financial sectorhit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector3.9%, its biggest $one$-day gain in nearly four months. The heavyweight tech sectorfell while the healthcare sectorwas dragged down by a weak profit forec","content":"<p>The S&amp;P 500(.SPX)dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.</p><p>The S&amp;P 500 financial sector(.SPSY)hit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector(.SPNY)3.9%, its biggest <a href=\"https://laohu8.com/S/AONE\">one</a>-day gain in nearly four months. The heavyweight tech sector(.SPLRCT)fell while the healthcare sector(.SPXHC)was dragged down by a weak profit forecast from <a href=\"https://laohu8.com/S/ABT\">Abbott Laboratories</a>(ABT.N).</p><p>Data showed U.S.manufacturing activity pickedup in May as pent-up demand in a reopening economy boosted orders. But unfinished work piled up because of shortages of raw materials and labor.</p><p>\"People came back from a holiday weekend convinced that the economy is recovering nicely and that any inflation that we might be seeing in labor and other costs is temporary,\" Peter Tuz, president of <a href=\"https://laohu8.com/S/CCF\">Chase</a> Investment Counsel in Charlottesville, Virginia.</p><p>The Dow Jones Industrial Average(.DJI)rose 45.86 points, or 0.13%, to 34,575.31; the S&amp;P 500(.SPX)lost 2.07 points, or 0.05%, at 4,202.04; and the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite(.IXIC)dropped 12.26 points, or 0.09%, to 13,736.48.</p><p>Along with sharp gains for financials and energy, the small-cap Russell 2000(.RUT)rose 1.1% on Tuesday, underscoring strength for segments of the stock market expected to do particularly well in an expanding economy.</p><p>While the S&amp;P 500 remains less than 1% of its record high after four straight months of gains, investors are worried about whether rising inflation could hit equity prices.</p><p>\"We have supply chain issues, delays, price increases, pricing pressures in general, we have got employers saying they have got difficulty sourcing labor,\" said Kristina Hooper, chief global market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a> in <a href=\"https://laohu8.com/S/NWY\">New York</a>.</p><p>\"So this is a microcosm of what we are already hearing about and seeing in the overall economy and it's just a reminder that inflation remains a concern.\"</p><p>A Wall St. sign is seen near the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange (NYSE) in <a href=\"https://laohu8.com/S/NGD\">New</a> York <a href=\"https://laohu8.com/S/CHCO\">City</a>, U.S., May 4, 2021. REUTERS/Brendan McDermid/File Photo</p><p>Stock markets on Friday brushed off a surge inkey inflation readingsfor April following reassurances from Federal Reserve officials that the central bank’s ultra-loose monetary policy would remain in place.</p><p>Minneapolis Federal Reserve Bank President Neel Kashkari and Fed Vice Chair for supervision Randal Quarles on Tuesday reiterated the view that higher prices would be transitory.</p><p>This week's focus will be on a raft of economic data, culminating with U.S. payrolls due on Friday.</p><p>Abbott Labs shares fell 9.3% after the company cut itsfull-year 2021 profit forecast, citing expectations for a sharp decline in revenue from its COVID-19 tests as more Americans get vaccinated. Shares of other test makers also fell.</p><p>Cloudera Inc(CLDR.N)shares jumped 23.9% after private equity firms KKR &amp; Co(KKR.N)and Clayton Dubilier &amp; Rice LLCagreed to take the data analytics firm private.</p><p>A group of“meme stocks” extended gainsfrom the previous week, with shares of <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc(AMC.N)up 22.7% after the movie theater chain said it sold $230 million of its stock.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.54-to-1 ratio; on <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>, a 1.79-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 73 new 52-week highs and no new lows; the Nasdaq Composite recorded 168 new highs and 25 new lows.</p><p>About 10.7 billion shares changed hands in U.S. exchanges, compared with the 10.5 billion daily average over the last 20 sessions.</p><p><b>Here are company's financial statements：</b></p><p><a href=\"https://laohu8.com/NW/1184181912\" target=\"_blank\"><b>Zoom reports blowout earnings but warns of a coming slowdown</b></a></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>S&P 500 dips, as healthcare weighs; Dow ends higher</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; 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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\">\nS&P 500 dips, as healthcare weighs; Dow ends higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 07:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/sp-500-dips-healthcare-weighs-dow-ends-higher-2021-06-01/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500(.SPX)dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and ...</p>\n\n<a href=\"https://www.reuters.com/business/sp-500-dips-healthcare-weighs-dow-ends-higher-2021-06-01/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF","OEX":"标普100",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF","IVV":"标普500指数ETF","SPXU":"三倍做空标普500ETF"},"source_url":"https://www.reuters.com/business/sp-500-dips-healthcare-weighs-dow-ends-higher-2021-06-01/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106176005","content_text":"The S&P 500(.SPX)dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.The S&P 500 financial sector(.SPSY)hit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector(.SPNY)3.9%, its biggest one-day gain in nearly four months. The heavyweight tech sector(.SPLRCT)fell while the healthcare sector(.SPXHC)was dragged down by a weak profit forecast from Abbott Laboratories(ABT.N).Data showed U.S.manufacturing activity pickedup in May as pent-up demand in a reopening economy boosted orders. But unfinished work piled up because of shortages of raw materials and labor.\"People came back from a holiday weekend convinced that the economy is recovering nicely and that any inflation that we might be seeing in labor and other costs is temporary,\" Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.The Dow Jones Industrial Average(.DJI)rose 45.86 points, or 0.13%, to 34,575.31; the S&P 500(.SPX)lost 2.07 points, or 0.05%, at 4,202.04; and the Nasdaq Composite(.IXIC)dropped 12.26 points, or 0.09%, to 13,736.48.Along with sharp gains for financials and energy, the small-cap Russell 2000(.RUT)rose 1.1% on Tuesday, underscoring strength for segments of the stock market expected to do particularly well in an expanding economy.While the S&P 500 remains less than 1% of its record high after four straight months of gains, investors are worried about whether rising inflation could hit equity prices.\"We have supply chain issues, delays, price increases, pricing pressures in general, we have got employers saying they have got difficulty sourcing labor,\" said Kristina Hooper, chief global market strategist at Invesco in New York.\"So this is a microcosm of what we are already hearing about and seeing in the overall economy and it's just a reminder that inflation remains a concern.\"A Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2021. REUTERS/Brendan McDermid/File PhotoStock markets on Friday brushed off a surge inkey inflation readingsfor April following reassurances from Federal Reserve officials that the central bank’s ultra-loose monetary policy would remain in place.Minneapolis Federal Reserve Bank President Neel Kashkari and Fed Vice Chair for supervision Randal Quarles on Tuesday reiterated the view that higher prices would be transitory.This week's focus will be on a raft of economic data, culminating with U.S. payrolls due on Friday.Abbott Labs shares fell 9.3% after the company cut itsfull-year 2021 profit forecast, citing expectations for a sharp decline in revenue from its COVID-19 tests as more Americans get vaccinated. Shares of other test makers also fell.Cloudera Inc(CLDR.N)shares jumped 23.9% after private equity firms KKR & Co(KKR.N)and Clayton Dubilier & Rice LLCagreed to take the data analytics firm private.A group of“meme stocks” extended gainsfrom the previous week, with shares of AMC Entertainment Holdings Inc(AMC.N)up 22.7% after the movie theater chain said it sold $230 million of its stock.Advancing issues outnumbered decliners on the NYSE by a 2.54-to-1 ratio; on Nasdaq, a 1.79-to-1 ratio favored advancers.The S&P 500 posted 73 new 52-week highs and no new lows; the Nasdaq Composite recorded 168 new highs and 25 new lows.About 10.7 billion shares changed hands in U.S. exchanges, compared with the 10.5 billion daily average over the last 20 sessions.Here are company's financial statements：Zoom reports blowout earnings but warns of a coming slowdown","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817594357,"gmtCreate":1630973747279,"gmtModify":1676530430230,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Please like and comment back, thanks&nbsp;","listText":"Please like and comment back, thanks&nbsp;","text":"Please like and comment back, thanks","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":10,"commentSize":12,"repostSize":0,"link":"https://ttm.financial/post/817594357","repostId":"1136345203","repostType":4,"repost":{"id":"1136345203","pubTimestamp":1630932942,"share":"https://ttm.financial/m/news/1136345203?lang=&edition=fundamental","pubTime":"2021-09-06 20:55","market":"us","language":"en","title":"Can The Bulls Defy The Odds Of September Weakness?","url":"https://stock-news.laohu8.com/highlight/detail?id=1136345203","media":"zerohedge","summary":"While we had previously discussed that August tends to be one of the weaker months of the year, the ","content":"<p>While we had previously discussed that August tends to be one of the weaker months of the year, the bulls defined that weakness posting an almost 3% gain. However, as discussed in our&nbsp;<i><b>Daily Market Commentary</b></i>&nbsp;on Wednesday:</p>\n<blockquote>\n <i>“August seasonality was a bust with the market advancing 2.6%. Will September seasonality prove to be more accurate?”</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/c476595aaa36e3658acd7c6b2458a4f3\" tg-width=\"533\" tg-height=\"371\" width=\"100%\" height=\"auto\"></p>\n<p>For now, the bullish bias remains strong as a barrage of weaker than expected economic data from GDP to manufacturing and employment give hope the Fed may forestall their&nbsp;<i>“tapering”</i>&nbsp;plans. But, as we will discuss in a moment, we think the bulls may be correct for a different reason.</p>\n<p>However, in the meantime, the&nbsp;<i>“stairstep”</i>&nbsp;advance continues with fundamentally weak companies making substantial gains as speculation displaces investment in the market.&nbsp;<b>Thus, while prices remain elevated, money flows weaken, suggesting the next downturn is roughly one to two weeks away.</b>So far, those corrections remain limited to the 50-dma, which is approximately 3% lower than Friday’s close, but a 10% correction to the 200-dma remains a possibility.</p>\n<p><img src=\"https://static.tigerbbs.com/3d1ab015b2782edccd8f71c842786623\" tg-width=\"900\" tg-height=\"534\" width=\"100%\" height=\"auto\">While there seems to be little concern relative to the market’s advance over the last year, maybe that should be the concern given the sharpness of that advance. I will discuss the history of “market melt-ups” and their eventual outcomes in an upcoming article. However, what is essential to notice is the corresponding ramp in valuations as earnings fail<i>t</i>o keep up with bullish expectations.</p>\n<p><img src=\"https://static.tigerbbs.com/32446c1ed4942c292051ab6f2646826f\" tg-width=\"836\" tg-height=\"460\" width=\"100%\" height=\"auto\"><b>Significantly, investors never realize they are in a&nbsp;</b><b><i>“melt-up”</i></b><b>&nbsp;until after it is over.</b></p>\n<p><u><b>Breadth Remains Weak As Market Advances</b></u></p>\n<p>At the moment, the bullish trend continues, and we must respect that trend for now. However, there are clear signs the advance is beginning to narrow markedly, which has historically served as a warning to investors.</p>\n<blockquote>\n <i>”&nbsp;As shown in the chart below, although the S&amp;P 500 traded at an all-time high as recently as last week, the cumulative advance/decline (A/D) line for the broader NYSE universe peaked on June 11 this year. The divergence between the two looks similar to early-September last year—the point at which it was mostly the “big 5” stocks within the S&amp;P 500 (the “generals”) that had powered the S&amp;P 500 to its September 2, 2020 high.” – Charles Schwab</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/3bec2406de602b799eed4c8cda45840c\" tg-width=\"713\" tg-height=\"280\" width=\"100%\" height=\"auto\"><i>“The percentage of S&amp;P 500 stocks trading above their 50-day moving averages peaked in April, troughed in June, improved until recently, but has come under pressure again. The same can’t be said for the NASDAQ and Russell 2000, which both peaked in early February, since which time they’ve generally been descending.”</i></p>\n<p><img src=\"https://static.tigerbbs.com/80c475204276754086f148219d6f0947\" tg-width=\"688\" tg-height=\"284\" width=\"100%\" height=\"auto\"><i>“Relative to their 200-day moving averages (DMA), all three indexes have been generally trending lower since April, as shown in the second chart below.” – Charles Schwab</i></p>\n<p><img src=\"https://static.tigerbbs.com/e880f82c99840963c1b4fb2f95b915ec\" tg-width=\"713\" tg-height=\"299\" width=\"100%\" height=\"auto\">Of course, as we repeat each week, while we are pointing out the warning signs, such does not mean selling everything and going to cash. However, it does serve as a visible warning to adjust your risk exposures accordingly and prepare for a potentially bumpy ride.</p>\n<blockquote>\n <i>“Just because you put on a seatbelt when the plane is landing, doesn’t mean you are going to crash. But is a logic precaution just in case.”</i>\n</blockquote>\n<p><b>Can The Fed Really Taper?</b></p>\n<p>We have noted the rising number of Fed speakers discussing the need to begin&nbsp;<i>“tapering”</i>&nbsp;the Fed’s balance sheet purchases in recent weeks. With employment returning well into what is historically considered “full employment,” surge in job openings, and rising inflation, the need to taper is evident. As noted&nbsp;<b><i>in our daily market commentary:</i></b></p>\n<blockquote>\n <i>“PCE, met expectations rising 0.4% in July. The level was 0.1% below the June reading.&nbsp;</i>\n <i><b>The year-over-year rate is 4.2%, which is more than double the Fed’s 2% inflation target.</b></i>\n <i>&nbsp;Importantly&nbsp;</i>\n <i><b>it suggests the Fed should be moving to tighten monetary policy.</b></i>\n <i>However, the trimmed-mean PCE was inline at 2% giving the Fed some&nbsp;“wiggle-room”&nbsp;for now, but likely not for long.</i>“\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/f8bb27150d54a104d64668f5f4306208\" tg-width=\"829\" tg-height=\"514\" width=\"100%\" height=\"auto\">While the Fed may have some wiggle room short-term, the trimmed-mean PCE will catch up with PCE over the next month.</p>\n<p>The point is that the Fed is now getting pushed into needing to tighten monetary policy to quell inflationary pressures. However, a rising risk suggests they may be&nbsp;<i>“trapped</i>” in continuing their bond purchases and risking both an inflationary surge and creating market instability.</p>\n<p>That risk is the&nbsp;<i>“deficit.”</i></p>\n<p><b>Who Is Going To Fund The Deficit</b></p>\n<p>As discussed recently, the current mandatory spending of the Government consumes more than 100% of existing tax revenues. Therefore, all discretionary spending plus additional programs such as&nbsp;<i>“infrastructure”</i>&nbsp;and&nbsp;<i>“human infrastructure”</i>comes from debt issuance.</p>\n<p><img src=\"https://static.tigerbbs.com/5f74a7c9f8392d4c3c6d366934b42511\" tg-width=\"768\" tg-height=\"688\" width=\"100%\" height=\"auto\">As shown, the 2021 budget will push the current deficit towards $4-Trillion requiring the Federal Reserve to monetize at least<b><i>&nbsp;$1 Trillion of that issuance per our previous analysis.</i></b></p>\n<blockquote>\n <i>The scale and scope of government spending expansion in the last year are unprecedented. Because Uncle Sam doesn’t have the money, lots of it went on the government’s credit card. The deficit and debt skyrocketed. But this is only the beginning.&nbsp;</i>\n <i><b>The Biden administration recently proposed a $6 trillion budget for fiscal 2022, two-thirds of which would be borrowed.” –</b></i>\n <i>Reason</i>\n</blockquote>\n<blockquote>\n <i>The CBO&nbsp;(Congressional Budget Office) recently&nbsp;produced its long-term debt projection through 2050, ensuring poor economic returns.&nbsp;I reconstructed a chart from&nbsp;Deutsche Bank&nbsp;showing the US Federal Debt and Federal Reserve balance sheet. The chart uses the CBO projections through 2050.</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/771627893f89b51b37543e28698ed961\" tg-width=\"990\" tg-height=\"637\" width=\"100%\" height=\"auto\"><b>The federal debt load will climb from $28 trillion to roughly $140 trillion at the current growth rate by 2050.</b></p>\n<p>The problem, of course, is that the Fed must continue monetizing 30% of debt issuance to keep interest rates from surging and wrecking the economy.</p>\n<p>Let than sink in for a minute.</p>\n<p>If that is indeed the case, the Fed will not be able to&nbsp;<i>“taper”</i>&nbsp;their balance sheet purchases unless they are willing to risk a surge in interest rates, a collapse in economic growth, and a deflationary spiral.</p>\n<p>As Expected Q3-<b>GDP Gets Slashed</b></p>\n<p>Since the beginning of this year, we have penned several articles stating that economic growth would ultimately disappoint when fueled by an artificial stimulus. Specifically, we noted that&nbsp;<i>“bonds were sending an economic warning.”</i>&nbsp;To wit:</p>\n<blockquote>\n <i>“</i>\n <i><b>As shown, the correlation between rates and the economic composite suggests that current expectations of sustained economic expansion and rising inflation are overly optimistic.</b></i>\n <i>&nbsp;At current rates, economic growth will likely very quickly rturn to sub-2% growth by 2022.”</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/90ec177d9bfda4dab5c1a89f29d93556\" tg-width=\"853\" tg-height=\"549\" width=\"100%\" height=\"auto\">The&nbsp;<i><b>disappointment of economic growth</b></i>&nbsp;is also a function of the surging debt and deficit levels, which, as noted above, will have to be entirely funded by the Federal Reserve.</p>\n<p>On Thursday, both the Atlanta Fed and Morgan Stanley slashed their estimates for Q3 growth as economic data continues to disappoint.</p>\n<blockquote>\n <i>“The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2021 is&nbsp;</i>\n <i><b>3.7</b></i>\n <i>&nbsp;</i>\n <i><b>percent</b></i>\n <i>on September 2,&nbsp;</i>\n <i><b>down from 5.3 percent on September 1</b></i>\n <i>.” – Atlanta Fed</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/c4c362937b721d02c854d792606d0166\" tg-width=\"670\" tg-height=\"366\" width=\"100%\" height=\"auto\">Notably, there were significant downward revisions to consumption and investment, declining from 2.6% and 23.4% to 1.9% and 19.3%, respectively. However, as we noted previously, such is not surprising as “stimulus” leaves the system, and the economic drivers return to normalcy.</p>\n<p><b>Morgan and Goldman As Well</b></p>\n<p>As stated, Morgan Stanely also slashed their estimates:</p>\n<blockquote>\n <i>“</i>\n <i><b>We are revising down 3Q GDP tracking to 2.9% from 6.5%, previously</b></i>\n <i>. Our forecast for 4Q GDP remains at 6.7%. The revision to 3Q implies full year 4Q/4Q GDP at 5.6% (5.7%Y) this year – 1.4pp lower than the Fed’s forecast of 7.0% in its June Summary of Economic Projections (SEP), and 0.7pp below Bloomberg consensus of economists at 6.3%.</i>\n</blockquote>\n<blockquote>\n <i><b>An examination of the data reveals that the slowdown is not broad-based and primarily reflects payback from stimulus spending as well as continued supply chain bottlenecks.</b></i>\n <i>&nbsp;The swing factor is largest in spending on big-ticket durable goods that benefited most from stimulus checks and are affected most by lack of inventory and price increases due to supply shortages, for example motor vehicles.”</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/75e5c5eb2840814e2972c92ab0ef9bf3\" tg-width=\"826\" tg-height=\"487\" width=\"100%\" height=\"auto\">As we discussed previously, these two downgrades were playing catchup to our previous analysis and Goldman’s downgrade two weeks ago. To wit:</p>\n<blockquote>\n <i><b>“We have lowered our Q3 GDP forecast to +5.5%, reflecting hits to both consumer spending and production.</b></i>\n <i>Spending on dining, travel, and some other services is likely to decline in August, though we expect the drop to be modest and brief. Production is still suffering from supply chain disruptions, especially in the auto industry, and this is likely to mean less inventory rebuild in Q3.”</i>&nbsp;–\n <i>&nbsp;Goldman Sachs</i>\n</blockquote>\n<p>Investors should not overlook the importance of these downgrades.</p>\n<p><b>Earnings Estimates At Risk</b></p>\n<p>In our post on<i><b>“Peak Economic And Earnings Growth,</b></i>” we stated that corporate earnings and profits ultimately get derived from economic activity&nbsp;(personal consumption and business investment). Therefore, it is unlikely the currently lofty expectations will get met.</p>\n<p>The problem for investors currently is that analysts’ assumptions are always high, and markets are trading at more extreme valuations, which leaves little room for disappointment. For example, using analyst’s price target assumptions of 4700 for 2020 and current earnings expectations, the S&amp;P is trading 2.6x earnings growth.</p>\n<p><img src=\"https://static.tigerbbs.com/c3e58e6641c42d1879c094ce45b2f337\" tg-width=\"896\" tg-height=\"647\" width=\"100%\" height=\"auto\">Such puts the current P/E at 25.6x earnings in 2020, which is still expensive by historical measures.</p>\n<p><img src=\"https://static.tigerbbs.com/d4abafc44c03ff687ce87c361a1f1357\" tg-width=\"886\" tg-height=\"637\" width=\"100%\" height=\"auto\">That also puts the S&amp;P 500 grossly above its linear trend line as earnings growth begins to revert.</p>\n<p><img src=\"https://static.tigerbbs.com/ec0a0666e57f65c24037d219876028e2\" tg-width=\"988\" tg-height=\"534\" width=\"100%\" height=\"auto\">Through the end of this year, companies will guide down earnings estimates for a variety of reasons:</p>\n<ul>\n <li><p><i>Economic growth won’t be as robust as anticipated.</i></p></li>\n <li><p><i>Potentially higher corporate tax rates could reduce earnings.</i></p></li>\n <li><p><i>The increased input costs due to the stimulus can’t get passed on to consumers.</i></p></li>\n <li><p><i>Higher interest rates increasing borrowing costs which impact earnings.</i></p></li>\n <li><p><i>A weaker consumer than currently expected due to reduced employment and weaker wages.</i></p></li>\n <li><p><i>Global demand weakens due to a stronger dollar impacting exports.</i></p></li>\n</ul>\n<p><b>Such will leave investors once again</b><b><i>&nbsp;“overpaying”</i></b><b>&nbsp;for earnings growth that fails to materialize.</b></p>\n<p></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>Can The Bulls Defy The Odds Of September Weakness?</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; 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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\">\nCan The Bulls Defy The Odds Of September Weakness?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 20:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/can-bulls-defy-odds-september-weakness><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While we had previously discussed that August tends to be one of the weaker months of the year, the bulls defined that weakness posting an almost 3% gain. However, as discussed in our Daily Market ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/can-bulls-defy-odds-september-weakness\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/can-bulls-defy-odds-september-weakness","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136345203","content_text":"While we had previously discussed that August tends to be one of the weaker months of the year, the bulls defined that weakness posting an almost 3% gain. However, as discussed in our Daily Market Commentary on Wednesday:\n\n“August seasonality was a bust with the market advancing 2.6%. Will September seasonality prove to be more accurate?”\n\n\nFor now, the bullish bias remains strong as a barrage of weaker than expected economic data from GDP to manufacturing and employment give hope the Fed may forestall their “tapering” plans. But, as we will discuss in a moment, we think the bulls may be correct for a different reason.\nHowever, in the meantime, the “stairstep” advance continues with fundamentally weak companies making substantial gains as speculation displaces investment in the market. Thus, while prices remain elevated, money flows weaken, suggesting the next downturn is roughly one to two weeks away.So far, those corrections remain limited to the 50-dma, which is approximately 3% lower than Friday’s close, but a 10% correction to the 200-dma remains a possibility.\nWhile there seems to be little concern relative to the market’s advance over the last year, maybe that should be the concern given the sharpness of that advance. I will discuss the history of “market melt-ups” and their eventual outcomes in an upcoming article. However, what is essential to notice is the corresponding ramp in valuations as earnings failto keep up with bullish expectations.\nSignificantly, investors never realize they are in a “melt-up” until after it is over.\nBreadth Remains Weak As Market Advances\nAt the moment, the bullish trend continues, and we must respect that trend for now. However, there are clear signs the advance is beginning to narrow markedly, which has historically served as a warning to investors.\n\n” As shown in the chart below, although the S&P 500 traded at an all-time high as recently as last week, the cumulative advance/decline (A/D) line for the broader NYSE universe peaked on June 11 this year. The divergence between the two looks similar to early-September last year—the point at which it was mostly the “big 5” stocks within the S&P 500 (the “generals”) that had powered the S&P 500 to its September 2, 2020 high.” – Charles Schwab\n\n“The percentage of S&P 500 stocks trading above their 50-day moving averages peaked in April, troughed in June, improved until recently, but has come under pressure again. The same can’t be said for the NASDAQ and Russell 2000, which both peaked in early February, since which time they’ve generally been descending.”\n“Relative to their 200-day moving averages (DMA), all three indexes have been generally trending lower since April, as shown in the second chart below.” – Charles Schwab\nOf course, as we repeat each week, while we are pointing out the warning signs, such does not mean selling everything and going to cash. However, it does serve as a visible warning to adjust your risk exposures accordingly and prepare for a potentially bumpy ride.\n\n“Just because you put on a seatbelt when the plane is landing, doesn’t mean you are going to crash. But is a logic precaution just in case.”\n\nCan The Fed Really Taper?\nWe have noted the rising number of Fed speakers discussing the need to begin “tapering” the Fed’s balance sheet purchases in recent weeks. With employment returning well into what is historically considered “full employment,” surge in job openings, and rising inflation, the need to taper is evident. As noted in our daily market commentary:\n\n“PCE, met expectations rising 0.4% in July. The level was 0.1% below the June reading. \nThe year-over-year rate is 4.2%, which is more than double the Fed’s 2% inflation target.\n Importantly \nit suggests the Fed should be moving to tighten monetary policy.\nHowever, the trimmed-mean PCE was inline at 2% giving the Fed some “wiggle-room” for now, but likely not for long.“\n\nWhile the Fed may have some wiggle room short-term, the trimmed-mean PCE will catch up with PCE over the next month.\nThe point is that the Fed is now getting pushed into needing to tighten monetary policy to quell inflationary pressures. However, a rising risk suggests they may be “trapped” in continuing their bond purchases and risking both an inflationary surge and creating market instability.\nThat risk is the “deficit.”\nWho Is Going To Fund The Deficit\nAs discussed recently, the current mandatory spending of the Government consumes more than 100% of existing tax revenues. Therefore, all discretionary spending plus additional programs such as “infrastructure” and “human infrastructure”comes from debt issuance.\nAs shown, the 2021 budget will push the current deficit towards $4-Trillion requiring the Federal Reserve to monetize at least $1 Trillion of that issuance per our previous analysis.\n\nThe scale and scope of government spending expansion in the last year are unprecedented. Because Uncle Sam doesn’t have the money, lots of it went on the government’s credit card. The deficit and debt skyrocketed. But this is only the beginning. \nThe Biden administration recently proposed a $6 trillion budget for fiscal 2022, two-thirds of which would be borrowed.” –\nReason\n\n\nThe CBO (Congressional Budget Office) recently produced its long-term debt projection through 2050, ensuring poor economic returns. I reconstructed a chart from Deutsche Bank showing the US Federal Debt and Federal Reserve balance sheet. The chart uses the CBO projections through 2050.\n\nThe federal debt load will climb from $28 trillion to roughly $140 trillion at the current growth rate by 2050.\nThe problem, of course, is that the Fed must continue monetizing 30% of debt issuance to keep interest rates from surging and wrecking the economy.\nLet than sink in for a minute.\nIf that is indeed the case, the Fed will not be able to “taper” their balance sheet purchases unless they are willing to risk a surge in interest rates, a collapse in economic growth, and a deflationary spiral.\nAs Expected Q3-GDP Gets Slashed\nSince the beginning of this year, we have penned several articles stating that economic growth would ultimately disappoint when fueled by an artificial stimulus. Specifically, we noted that “bonds were sending an economic warning.” To wit:\n\n“\nAs shown, the correlation between rates and the economic composite suggests that current expectations of sustained economic expansion and rising inflation are overly optimistic.\n At current rates, economic growth will likely very quickly rturn to sub-2% growth by 2022.”\n\nThe disappointment of economic growth is also a function of the surging debt and deficit levels, which, as noted above, will have to be entirely funded by the Federal Reserve.\nOn Thursday, both the Atlanta Fed and Morgan Stanley slashed their estimates for Q3 growth as economic data continues to disappoint.\n\n“The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2021 is \n3.7\n \npercent\non September 2, \ndown from 5.3 percent on September 1\n.” – Atlanta Fed\n\nNotably, there were significant downward revisions to consumption and investment, declining from 2.6% and 23.4% to 1.9% and 19.3%, respectively. However, as we noted previously, such is not surprising as “stimulus” leaves the system, and the economic drivers return to normalcy.\nMorgan and Goldman As Well\nAs stated, Morgan Stanely also slashed their estimates:\n\n“\nWe are revising down 3Q GDP tracking to 2.9% from 6.5%, previously\n. Our forecast for 4Q GDP remains at 6.7%. The revision to 3Q implies full year 4Q/4Q GDP at 5.6% (5.7%Y) this year – 1.4pp lower than the Fed’s forecast of 7.0% in its June Summary of Economic Projections (SEP), and 0.7pp below Bloomberg consensus of economists at 6.3%.\n\n\nAn examination of the data reveals that the slowdown is not broad-based and primarily reflects payback from stimulus spending as well as continued supply chain bottlenecks.\n The swing factor is largest in spending on big-ticket durable goods that benefited most from stimulus checks and are affected most by lack of inventory and price increases due to supply shortages, for example motor vehicles.”\n\nAs we discussed previously, these two downgrades were playing catchup to our previous analysis and Goldman’s downgrade two weeks ago. To wit:\n\n“We have lowered our Q3 GDP forecast to +5.5%, reflecting hits to both consumer spending and production.\nSpending on dining, travel, and some other services is likely to decline in August, though we expect the drop to be modest and brief. Production is still suffering from supply chain disruptions, especially in the auto industry, and this is likely to mean less inventory rebuild in Q3.” –\n  Goldman Sachs\n\nInvestors should not overlook the importance of these downgrades.\nEarnings Estimates At Risk\nIn our post on“Peak Economic And Earnings Growth,” we stated that corporate earnings and profits ultimately get derived from economic activity (personal consumption and business investment). Therefore, it is unlikely the currently lofty expectations will get met.\nThe problem for investors currently is that analysts’ assumptions are always high, and markets are trading at more extreme valuations, which leaves little room for disappointment. For example, using analyst’s price target assumptions of 4700 for 2020 and current earnings expectations, the S&P is trading 2.6x earnings growth.\nSuch puts the current P/E at 25.6x earnings in 2020, which is still expensive by historical measures.\nThat also puts the S&P 500 grossly above its linear trend line as earnings growth begins to revert.\nThrough the end of this year, companies will guide down earnings estimates for a variety of reasons:\n\nEconomic growth won’t be as robust as anticipated.\nPotentially higher corporate tax rates could reduce earnings.\nThe increased input costs due to the stimulus can’t get passed on to consumers.\nHigher interest rates increasing borrowing costs which impact earnings.\nA weaker consumer than currently expected due to reduced employment and weaker wages.\nGlobal demand weakens due to a stronger dollar impacting exports.\n\nSuch will leave investors once again “overpaying” for earnings growth that fails to materialize.","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838581683,"gmtCreate":1629419265442,"gmtModify":1676530033035,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Please like, thanks&nbsp;","listText":"Please like, thanks&nbsp;","text":"Please like, thanks","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":10,"commentSize":12,"repostSize":0,"link":"https://ttm.financial/post/838581683","repostId":"2160915795","repostType":4,"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361468336807960,"gmtCreate":1729269055773,"gmtModify":1729269059878,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v> bull&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v> bull&nbsp;","text":"$Apple(AAPL)$ bull","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361468336807960","isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832197188,"gmtCreate":1629597180344,"gmtModify":1676530075407,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"Please like and comment back, thanks&nbsp;","listText":"Please like and comment back, thanks&nbsp;","text":"Please like and comment back, thanks","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":11,"commentSize":11,"repostSize":0,"link":"https://ttm.financial/post/832197188","repostId":"1151608193","repostType":4,"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":225109990957056,"gmtCreate":1696034260281,"gmtModify":1696034263061,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>Bullish&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>Bullish&nbsp;","text":"$Apple(AAPL)$ Bullish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/225109990957056","isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}