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2021-09-08

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17:28","market":"us","language":"en","title":"Inflation Rate Climb Adds Impetus to Fed Policy Shift","url":"https://stock-news.laohu8.com/highlight/detail?id=1114956060","media":"The Wall Street Journal","summary":"Central bankers are set to begin talking about easing bond purchases as soaring prices test patience","content":"<blockquote>\n Central bankers are set to begin talking about easing bond purchases as soaring prices test patience.\n</blockquote>\n<p>WASHINGTON—The recent inflation surge gives Federal Reserve officials further reason to begin discussing an eventual wind-down of their pandemic-driven easy-money policies at their meeting next week.</p>\n<p>A growing number of economists are becoming concerned that the Fed could fall behind the curve on inflation as it seeks to aid the labor market’s recovery. If that happened, the central bank would have to tighten policy more abruptly than economists and market participants currently anticipate, dealing a potential blow to the economy and fueling market volatility.</p>\n<p>“The intensity of the current inflation and the current bottlenecks in supply chains and labor markets is greater than I had anticipated,” said former Fed Vice Chairman Donald Kohn, adding that he still shares the central bank’s belief that the inflation pickup is temporary. “But it also could be that the underlying demand-supply balance will not correct as readily or as comfortably as the Fed and I had expected earlier. It’s got my inflation antenna quivering.”</p>\n<p><img src=\"https://static.tigerbbs.com/49af371440294f4e99311c66545c2930\" tg-width=\"333\" tg-height=\"417\">The first step in what is expected to be a gradual process of scaling back easy money would be to slow Fed purchases of mortgage and government bonds, something Fed Chairman Jerome Powell has said he’s not in a hurry to do.</p>\n<p>Consumerprices rose 5% in Mayfrom a year earlier, the Labor Department said Thursday. So-called core prices, which exclude volatile food and energy components, rose 3.8%, the largest annual jump since 1992. That followed strong price increases in April as well. The Fed seeks 2% inflation over the medium term, though it uses a different index as a gauge.</p>\n<p>Central bankers note that the recent increase in inflation has been powered by an unusual combination of supply bottlenecks and pent-up demand from consumers emerging from their homes—pressures that should ease on their own later this year.</p>\n<p>But Thursday’s data raise the stakes for the Fed as it begins to weigh pulling back on stimulative policies rolled out early in the pandemic.</p>\n<p>Since last year, the Fed has held its key overnight interest rate near zero and has been buying at least $120 billion a month of Treasury and mortgage bonds. Its goal is to fuel the economy’s recovery by providing cheap credit.</p>\n<p>Economists say the easy money is likely exacerbating some of the imbalances that are pushing up prices, since it fuels demand without directly boosting the supply of workers, cars or airplane tickets. A key risk is that price increases become large or persistent enough that consumers and businesses begin to expect and accept higher inflation. If that happens, the Fed would likely have to raise interest rates more than it currently anticipates to bring down those expectations.</p>\n<p>For decades, the Fed relied on forecasts of inflation to guide its monetary policy, knowing that interest-rate increases or cuts can take months or years to filter through the economy. If the forecasts showed excessive inflation looming, the Fed tightened policy to prevent inflation from rising that much.</p>\n<p>But last August, after more than a decade of below-target inflation, the Fed scrapped that strategy for one that prioritizes a strong labor market. Under the new strategy, if the economy is below full employment, the Fed will wait until it sees evidence of persistently above-target inflation before tightening policy.</p>\n<p>Fed officials have said since December that they won’t raise interest rates until the labor market has returned to maximum employment and inflation has risen to 2% and is on track to rise moderately higher for some time.</p>\n<p>They haven’t said how high they would be comfortable letting inflation go or for how long, but the sheer size of the recent price increases suggests it is on track to meet or exceed the Fed’s target sooner than was expected just a few months ago.</p>\n<p>Central bankers have warned in recent remarks that they would act sooner if inflation becomes a problem.</p>\n<p>Julia Coronado, a former Fed economist and president of MacroPolicy Perspectives LLC, said she doesn’t think recent inflation data call for the Fed to change course.</p>\n<p>“These price pressures are very narrowly focused on things that seem like they will be obviously transitory,” Ms. Coronado said. “Think about this: We are at the most intense moment. It will not get more intense than this. We are reopening. We are blasting stimulus into the economy with a fire hose. We’ve got monetary policy at maximum stimulation.”</p>\n<p>Mark Carney, a veteran central banker who led the Bank of England from 2013 to 2020 and the Bank of Canada from 2008 to 2013, said he sees growing evidence that the tightness in the U.S. labor market and related price pressures could extend beyond the short term.</p>\n<p>“The prospect of inflation being above target for longer than the makeup of the past undershoot—I think the balance of risks is headed in that direction at this stage,” Mr. Carney said in a Brookings Institution event Monday.</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>Inflation Rate Climb Adds Impetus to Fed Policy Shift</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\">\nInflation Rate Climb Adds Impetus to Fed Policy Shift\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 17:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/inflation-rate-climb-adds-impetus-to-fed-policy-shift-11623341429?mod=markets_lead_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Central bankers are set to begin talking about easing bond purchases as soaring prices test patience.\n\nWASHINGTON—The recent inflation surge gives Federal Reserve officials further reason to begin ...</p>\n\n<a href=\"https://www.wsj.com/articles/inflation-rate-climb-adds-impetus-to-fed-policy-shift-11623341429?mod=markets_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/inflation-rate-climb-adds-impetus-to-fed-policy-shift-11623341429?mod=markets_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114956060","content_text":"Central bankers are set to begin talking about easing bond purchases as soaring prices test patience.\n\nWASHINGTON—The recent inflation surge gives Federal Reserve officials further reason to begin discussing an eventual wind-down of their pandemic-driven easy-money policies at their meeting next week.\nA growing number of economists are becoming concerned that the Fed could fall behind the curve on inflation as it seeks to aid the labor market’s recovery. If that happened, the central bank would have to tighten policy more abruptly than economists and market participants currently anticipate, dealing a potential blow to the economy and fueling market volatility.\n“The intensity of the current inflation and the current bottlenecks in supply chains and labor markets is greater than I had anticipated,” said former Fed Vice Chairman Donald Kohn, adding that he still shares the central bank’s belief that the inflation pickup is temporary. “But it also could be that the underlying demand-supply balance will not correct as readily or as comfortably as the Fed and I had expected earlier. It’s got my inflation antenna quivering.”\nThe first step in what is expected to be a gradual process of scaling back easy money would be to slow Fed purchases of mortgage and government bonds, something Fed Chairman Jerome Powell has said he’s not in a hurry to do.\nConsumerprices rose 5% in Mayfrom a year earlier, the Labor Department said Thursday. So-called core prices, which exclude volatile food and energy components, rose 3.8%, the largest annual jump since 1992. That followed strong price increases in April as well. The Fed seeks 2% inflation over the medium term, though it uses a different index as a gauge.\nCentral bankers note that the recent increase in inflation has been powered by an unusual combination of supply bottlenecks and pent-up demand from consumers emerging from their homes—pressures that should ease on their own later this year.\nBut Thursday’s data raise the stakes for the Fed as it begins to weigh pulling back on stimulative policies rolled out early in the pandemic.\nSince last year, the Fed has held its key overnight interest rate near zero and has been buying at least $120 billion a month of Treasury and mortgage bonds. Its goal is to fuel the economy’s recovery by providing cheap credit.\nEconomists say the easy money is likely exacerbating some of the imbalances that are pushing up prices, since it fuels demand without directly boosting the supply of workers, cars or airplane tickets. A key risk is that price increases become large or persistent enough that consumers and businesses begin to expect and accept higher inflation. If that happens, the Fed would likely have to raise interest rates more than it currently anticipates to bring down those expectations.\nFor decades, the Fed relied on forecasts of inflation to guide its monetary policy, knowing that interest-rate increases or cuts can take months or years to filter through the economy. If the forecasts showed excessive inflation looming, the Fed tightened policy to prevent inflation from rising that much.\nBut last August, after more than a decade of below-target inflation, the Fed scrapped that strategy for one that prioritizes a strong labor market. Under the new strategy, if the economy is below full employment, the Fed will wait until it sees evidence of persistently above-target inflation before tightening policy.\nFed officials have said since December that they won’t raise interest rates until the labor market has returned to maximum employment and inflation has risen to 2% and is on track to rise moderately higher for some time.\nThey haven’t said how high they would be comfortable letting inflation go or for how long, but the sheer size of the recent price increases suggests it is on track to meet or exceed the Fed’s target sooner than was expected just a few months ago.\nCentral bankers have warned in recent remarks that they would act sooner if inflation becomes a problem.\nJulia Coronado, a former Fed economist and president of MacroPolicy Perspectives LLC, said she doesn’t think recent inflation data call for the Fed to change course.\n“These price pressures are very narrowly focused on things that seem like they will be obviously transitory,” Ms. Coronado said. “Think about this: We are at the most intense moment. It will not get more intense than this. We are reopening. We are blasting stimulus into the economy with a fire hose. We’ve got monetary policy at maximum stimulation.”\nMark Carney, a veteran central banker who led the Bank of England from 2013 to 2020 and the Bank of Canada from 2008 to 2013, said he sees growing evidence that the tightness in the U.S. labor market and related price pressures could extend beyond the short term.\n“The prospect of inflation being above target for longer than the makeup of the past undershoot—I think the balance of risks is headed in that direction at this stage,” Mr. Carney said in a Brookings Institution event Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889383107,"gmtCreate":1631109656009,"gmtModify":1676530470420,"author":{"id":"3555077406572366","authorId":"3555077406572366","authorIdStr":"3555077406572366","name":"Tiltedguy","avatar":"https://static.tigerbbs.com/6297b71cc103811214fd585f61f3a8f2","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555077406572366"},"themes":[],"htmlText":"#garbage","listText":"#garbage","text":"#garbage","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/889383107","repostId":"1175171654","repostType":4,"repost":{"id":"1175171654","pubTimestamp":1631093315,"share":"https://ttm.financial/m/news/1175171654?lang=&edition=fundamental","pubTime":"2021-09-08 17:28","market":"us","language":"en","title":"5 Stock Ideas From an Investor Who Predicted Tesla Would Rise to $1,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1175171654","media":"Barron's","summary":"Investors listen to what Gary Black has to say about Tesla. But the investing veteran is more than j","content":"<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> listen to what Gary Black has to say about Tesla. But the investing veteran is more than just a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-trick, or one-stock, pony.</p>\n<p>He has other picks for growth investors as well as a new actively managed ETF: The Future Fund (ticker: FFND), designed to capitalized on 10 megatrends he sees changing the world.</p>\n<p>That fund is only a couple of weeks old. Black has been at the investing game for about 30 years, starting as a research analyst at Bernstein in 1992.</p>\n<p>After Bernstein, Black moved to the buy-side with stints at <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a> Asset Management, Janus and Aegon, among others. After a brief respite following Aegon, Black jumped into the world of actively managed ETFs.</p>\n<p>He sat down with Barron’s to talk about his new fund, his approach to investing and some of the stocks he’s invested in. An edited version of the conversation follows.</p>\n<p><b>Barron’s: </b>We probably have to start with Tesla (TSLA). How do you value Tesla stock?</p>\n<p><b>Black:</b> I take where I think global [car sales are] going to be in about five years, and I take the EV adoption–it will get to 25% by 2025. This is the big investment controversy on Tesla: As competitors enter the market, can it keep its roughly 25% EV share? If it can, I get about $32 or so of earnings in 2025. And if I even put a 50 multiple on it, which is pretty low given projected 55% average annual earnings growth. I get a $1,600 price. And that’s worth about $1,100 today.</p>\n<p><b>Market share is the big controversy? What about self-driving cars?</b></p>\n<p>Stop saying Tesla has valuation equal to $1,000 a share because of the EV business. And then another $1,000 because of robotaxis.</p>\n<p><b>Tesla robotaxis like Waymo won’t be a thing?</b></p>\n<p>I think you’re going to have commercial robotaxi. And you’re going to have consumer robotaxi.</p>\n<p>Tesla has a head start, but competitors, especially those from <a href=\"https://laohu8.com/S/CAAS\">China</a>, are offering more expensive systems with vision, lidar, radar and HD mapping allowing them to close the gap. Everyone will get there eventually–which Elon has said. Tesla’s features will still let Tesla sell more Teslas.</p>\n<p><b>Why did you start the Future Fund ETF?</b></p>\n<p>Secular growth [is] its cornerstone. We’re looking to capitalize on 10 secular megatrends that are changing the world.</p>\n<p><b>What are they?</b></p>\n<p>They are: [1] 24/7 information and entertainment, [2] social networking, [3] mobility–working from anywhere–[4] e-commerce, [5] fintech innovation, [6] big data and security, [7] people living longer, [8] lifestyle betterment, [9] automation and [10] sustainability. Those are the 10.</p>\n<p>And so what we try to do is find companies that [have] the megatrends as tailwinds. No. 1, we’re looking for high growth, 20% revenue growth. We’re looking for unlevered brands, meaning, brands that are very successful in, say, one segment, and they bring them into other segments, or brands that are successful in one geography, and can go global.</p>\n<p>No. 2, we’re looking for investment controversy. We’re looking for something where there is a fight, and where investors don’t agree. And that’s what creates opportunity.</p>\n<p><b>What’s your research process like?</b></p>\n<p>We go out, and I talk. We talk to a lot of competitors. When I was an analyst, I used to do focus groups. For 2,000 bucks, you could get 10 people in a room, and ask them why they don’t like about Beyond Meat [BYND] versus Impossible [Foods]. We can usually find information that gives me a research edge to answer the controversy.</p>\n<p><b>And how do you build your portfolio?</b></p>\n<p>We want a portfolio that’s high conviction, meaning no more than about 40 names. The top 10 names are about 40% of the portfolio. So that’s high conviction to me.</p>\n<p>We think we have very strong buy and sell discipline. When we put something in the portfolio, we want it to have at least 2:1 risk-adjusted upside versus downside.</p>\n<p><b>What else do you like, besides Tesla?</b></p>\n<p>We have Google [parent <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> ], which is changing the world. Google is a mega cap stock just like Tesla is. But we think You Tube is 24/7 information and entertainment. YouTube is way undervalued. They’re still monetizing [search]. It has good 15% to 20% revenue growth. At 22 times projected earnings, it’s still [an attractive] price to us.</p>\n<p>Another name we have is <a href=\"https://laohu8.com/S/CMG\">Chipotle Mexican Grill</a> [CMG]. It fits with this megatrend of eating healthy, staying fit. We call it lifestyle betterment. Their product innovation has been superb–they launched these rolled quesadillas, which are going to have monster 15% same-store sales comps for them in the third quarter. It’s a great stock for us. Not cheap. But it has high growth.</p>\n<p><b>How about a couple more?</b></p>\n<p>One of the names that’s controversial we own is Tencent [TCEHY]. It’s one of the largest Internet companies in the world. It has 1.2 billion WeChat users. We believe that Chinese regulatory fears are overdone. Tencent is now trading at about 25 times next year’s earnings. We view it as having probably 20% revenue growth for at least the next few years.</p>\n<p><a href=\"https://laohu8.com/S/GNRC\">Generac</a> [GNRC] is another one. We’ll call it a climate change stock. Because climate change is happening, you have a lot of wildfires. You have a lot of weather patterns that aren’t normal. And in new homes today, one of the most common features that people are putting is a generator.</p>\n<p><b>Can Generac sales be disrupted by battery storage in homes?</b></p>\n<p>Battery and solar powered walls and roofs are still expensive–$40,000. A Generac system starts at $2,000.</p>\n<p><b>One more?</b></p>\n<p>Snap [SNAP] is another name. If you have kids, Snap is one of the [apps] everybody’s using. The ARPU [or average revenue per user] is $13 annually, up about 30% over a year ago. Active users will be up about 20% this year. Do you use Tik Tok?</p>\n<p><b>No.</b></p>\n<p>The biggest risk to Snap is something else comes along that the 18 to 25-year-old crowd wants to use that’s better. And Tik Tok is a disrupter to Snap. But I have kids in this age group, three of them, and they all use Snap.</p>\n<p>The monetization has just begun. The global expansion has just begun. I think you have got at least three or four years of [growth].</p>\n<p>Thanks, Gary.</p>","source":"lsy1610680873436","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>5 Stock Ideas From an Investor Who Predicted Tesla Would Rise to $1,000</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\">\n5 Stock Ideas From an Investor Who Predicted Tesla Would Rise to $1,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 17:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-ideas-gary-black-tesla-51631058814?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors listen to what Gary Black has to say about Tesla. But the investing veteran is more than just a one-trick, or one-stock, pony.\nHe has other picks for growth investors as well as a new ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-ideas-gary-black-tesla-51631058814?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","FFND":"The Future Fund Active ETF","SNAP":"Snap Inc","GNRC":"Generac控股","TCEHY":"腾讯控股ADR"},"source_url":"https://www.barrons.com/articles/stock-ideas-gary-black-tesla-51631058814?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175171654","content_text":"Investors listen to what Gary Black has to say about Tesla. But the investing veteran is more than just a one-trick, or one-stock, pony.\nHe has other picks for growth investors as well as a new actively managed ETF: The Future Fund (ticker: FFND), designed to capitalized on 10 megatrends he sees changing the world.\nThat fund is only a couple of weeks old. Black has been at the investing game for about 30 years, starting as a research analyst at Bernstein in 1992.\nAfter Bernstein, Black moved to the buy-side with stints at Goldman Sachs Asset Management, Janus and Aegon, among others. After a brief respite following Aegon, Black jumped into the world of actively managed ETFs.\nHe sat down with Barron’s to talk about his new fund, his approach to investing and some of the stocks he’s invested in. An edited version of the conversation follows.\nBarron’s: We probably have to start with Tesla (TSLA). How do you value Tesla stock?\nBlack: I take where I think global [car sales are] going to be in about five years, and I take the EV adoption–it will get to 25% by 2025. This is the big investment controversy on Tesla: As competitors enter the market, can it keep its roughly 25% EV share? If it can, I get about $32 or so of earnings in 2025. And if I even put a 50 multiple on it, which is pretty low given projected 55% average annual earnings growth. I get a $1,600 price. And that’s worth about $1,100 today.\nMarket share is the big controversy? What about self-driving cars?\nStop saying Tesla has valuation equal to $1,000 a share because of the EV business. And then another $1,000 because of robotaxis.\nTesla robotaxis like Waymo won’t be a thing?\nI think you’re going to have commercial robotaxi. And you’re going to have consumer robotaxi.\nTesla has a head start, but competitors, especially those from China, are offering more expensive systems with vision, lidar, radar and HD mapping allowing them to close the gap. Everyone will get there eventually–which Elon has said. Tesla’s features will still let Tesla sell more Teslas.\nWhy did you start the Future Fund ETF?\nSecular growth [is] its cornerstone. We’re looking to capitalize on 10 secular megatrends that are changing the world.\nWhat are they?\nThey are: [1] 24/7 information and entertainment, [2] social networking, [3] mobility–working from anywhere–[4] e-commerce, [5] fintech innovation, [6] big data and security, [7] people living longer, [8] lifestyle betterment, [9] automation and [10] sustainability. Those are the 10.\nAnd so what we try to do is find companies that [have] the megatrends as tailwinds. No. 1, we’re looking for high growth, 20% revenue growth. We’re looking for unlevered brands, meaning, brands that are very successful in, say, one segment, and they bring them into other segments, or brands that are successful in one geography, and can go global.\nNo. 2, we’re looking for investment controversy. We’re looking for something where there is a fight, and where investors don’t agree. And that’s what creates opportunity.\nWhat’s your research process like?\nWe go out, and I talk. We talk to a lot of competitors. When I was an analyst, I used to do focus groups. For 2,000 bucks, you could get 10 people in a room, and ask them why they don’t like about Beyond Meat [BYND] versus Impossible [Foods]. We can usually find information that gives me a research edge to answer the controversy.\nAnd how do you build your portfolio?\nWe want a portfolio that’s high conviction, meaning no more than about 40 names. The top 10 names are about 40% of the portfolio. So that’s high conviction to me.\nWe think we have very strong buy and sell discipline. When we put something in the portfolio, we want it to have at least 2:1 risk-adjusted upside versus downside.\nWhat else do you like, besides Tesla?\nWe have Google [parent Alphabet ], which is changing the world. Google is a mega cap stock just like Tesla is. But we think You Tube is 24/7 information and entertainment. YouTube is way undervalued. They’re still monetizing [search]. It has good 15% to 20% revenue growth. At 22 times projected earnings, it’s still [an attractive] price to us.\nAnother name we have is Chipotle Mexican Grill [CMG]. It fits with this megatrend of eating healthy, staying fit. We call it lifestyle betterment. Their product innovation has been superb–they launched these rolled quesadillas, which are going to have monster 15% same-store sales comps for them in the third quarter. It’s a great stock for us. Not cheap. But it has high growth.\nHow about a couple more?\nOne of the names that’s controversial we own is Tencent [TCEHY]. It’s one of the largest Internet companies in the world. It has 1.2 billion WeChat users. We believe that Chinese regulatory fears are overdone. Tencent is now trading at about 25 times next year’s earnings. We view it as having probably 20% revenue growth for at least the next few years.\nGenerac [GNRC] is another one. We’ll call it a climate change stock. Because climate change is happening, you have a lot of wildfires. You have a lot of weather patterns that aren’t normal. And in new homes today, one of the most common features that people are putting is a generator.\nCan Generac sales be disrupted by battery storage in homes?\nBattery and solar powered walls and roofs are still expensive–$40,000. A Generac system starts at $2,000.\nOne more?\nSnap [SNAP] is another name. If you have kids, Snap is one of the [apps] everybody’s using. The ARPU [or average revenue per user] is $13 annually, up about 30% over a year ago. Active users will be up about 20% this year. Do you use Tik Tok?\nNo.\nThe biggest risk to Snap is something else comes along that the 18 to 25-year-old crowd wants to use that’s better. And Tik Tok is a disrupter to Snap. But I have kids in this age group, three of them, and they all use Snap.\nThe monetization has just begun. The global expansion has just begun. I think you have got at least three or four years of [growth].\nThanks, Gary.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181490536,"gmtCreate":1623405266125,"gmtModify":1704202705000,"author":{"id":"3555077406572366","authorId":"3555077406572366","authorIdStr":"3555077406572366","name":"Tiltedguy","avatar":"https://static.tigerbbs.com/6297b71cc103811214fd585f61f3a8f2","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555077406572366"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181490536","repostId":"2142228082","repostType":4,"repost":{"id":"2142228082","pubTimestamp":1623401520,"share":"https://ttm.financial/m/news/2142228082?lang=&edition=fundamental","pubTime":"2021-06-11 16:52","market":"us","language":"en","title":"Buy This Undervalued Stock Before Everyone Else Does","url":"https://stock-news.laohu8.com/highlight/detail?id=2142228082","media":"Motley Fool","summary":"This stock has more than doubled over the past year, but it's still trading at a cheap valuation.","content":"<p>Finding undervalued stocks before Wall Street gives them the credit they deserve is <a href=\"https://laohu8.com/S/AONE\">one</a> way to maximize your investment returns. Sooner or later, the secret will get out, and you'll see gains.</p>\n<p><b><a href=\"https://laohu8.com/S/GOM\">Ally Financial</a></b> (NYSE:ALLY) is a financial stock with several revenue streams that's trading at a serious discount. Here's why it's undervalued, and why it has high potential for growth.</p>\n<h3>A large product line with many opportunities</h3>\n<p>Ally is known for its auto lending business, but it operates several other businesses that round out a suite of financial technology solutions.</p>\n<p><img src=\"https://static.tigerbbs.com/b8d1a5c4ae3704712a33a1f76cb5128c\" tg-width=\"700\" tg-height=\"509\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>Its biggest business is auto lending, which has more than 4 million auto loan customers and 2.5 million auto insurance customers.Ally is the largest auto lender in the U.S., with $105 billion in loan commitments as of the end of the first quarter. The company had more than $10 billion in auto loan originations in the first quarter, the highest level in more than five years.That was solid performance during a global car shortage brought on by chip shortages. The lowest car inventory in decades pushed new and used car sales to high levels, and Ally is getting a chunk of that business.</p>\n<p>Its other large segment is digital consumer banking, which is also growing at a nice clip. Retail deposits were up 21% in Q1 to nearly $130 billion, which makes it a mid-size bank. Consumer banking customers were up 14% to 2.3 billion. Ally announced last week that is will completely eliminate overdraft fees for all of its accounts, and it is the first major bank to do that. That action shouldn't make a significant mark on its income statement, but it should attract new customers to its current 9 million.</p>\n<p>Ally has other smaller divisions that make up the rest of its operations. Home lending is becoming a bigger business for Ally, and home loan originations grew 145% in the first quarter to $1.8 billion.&nbsp; Current customers accounted for 45% of loan originations, which highlights the company's ability to build a strong organic growth model. Corporate loans reached a record high, also at $1.8 billion.</p>\n<p>Brokerage is a smaller player, with close to half a million customers and $14.5 billion in assets. But as it rolls out a more competitive consumer banking model and develops a fintech base for its customers, it can acquire more of its customer base for its brokerage services.</p>\n<p>In other words, Ally is growing nicely, and it has further means to keep it up.</p>\n<h3>Why is it undervalued?</h3>\n<p>Across many traditional valuation metrics, Ally's stock is trading low. Shares are trading at a little over 9 times forward <a href=\"https://laohu8.com/S/AONE.U\">one</a>-year earnings, which is low even for a bank. Tangible book value (TBV) came in at a little over $36 per share on an adjusted basis in Q1, which means the bank's ratio of price to TBV is an attractive&nbsp;1.4.</p>\n<p>Like other banks, Ally suffered at the beginning of the pandemic, when it had to move more money to cover potential losses, resulting in a net loss for the 2020 first quarter. But net income has increased in each successive quarter, up to $800 million in the 2021 first quarter, off of $1.9 billion in revenue.</p>\n<p>As a smaller player in banking, the market may not be giving Ally the attention (or gains) it deserves. Ally stock gained 132% over the past year as of Wednesday's close and is trading around all-time highs, but it still sports a low overall valuation, with plenty more upside to come.</p>","source":"fool_stock","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>Buy This Undervalued Stock Before Everyone Else Does</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\">\nBuy This Undervalued Stock Before Everyone Else Does\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/10/buy-this-undervalued-stock-before-everyone-else-do/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Finding undervalued stocks before Wall Street gives them the credit they deserve is one way to maximize your investment returns. Sooner or later, the secret will get out, and you'll see gains.\nAlly ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/10/buy-this-undervalued-stock-before-everyone-else-do/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ALLY":"Ally Financial Inc."},"source_url":"https://www.fool.com/investing/2021/06/10/buy-this-undervalued-stock-before-everyone-else-do/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142228082","content_text":"Finding undervalued stocks before Wall Street gives them the credit they deserve is one way to maximize your investment returns. Sooner or later, the secret will get out, and you'll see gains.\nAlly Financial (NYSE:ALLY) is a financial stock with several revenue streams that's trading at a serious discount. Here's why it's undervalued, and why it has high potential for growth.\nA large product line with many opportunities\nAlly is known for its auto lending business, but it operates several other businesses that round out a suite of financial technology solutions.\n\nImage source: Getty Images.\nIts biggest business is auto lending, which has more than 4 million auto loan customers and 2.5 million auto insurance customers.Ally is the largest auto lender in the U.S., with $105 billion in loan commitments as of the end of the first quarter. The company had more than $10 billion in auto loan originations in the first quarter, the highest level in more than five years.That was solid performance during a global car shortage brought on by chip shortages. The lowest car inventory in decades pushed new and used car sales to high levels, and Ally is getting a chunk of that business.\nIts other large segment is digital consumer banking, which is also growing at a nice clip. Retail deposits were up 21% in Q1 to nearly $130 billion, which makes it a mid-size bank. Consumer banking customers were up 14% to 2.3 billion. Ally announced last week that is will completely eliminate overdraft fees for all of its accounts, and it is the first major bank to do that. That action shouldn't make a significant mark on its income statement, but it should attract new customers to its current 9 million.\nAlly has other smaller divisions that make up the rest of its operations. Home lending is becoming a bigger business for Ally, and home loan originations grew 145% in the first quarter to $1.8 billion.  Current customers accounted for 45% of loan originations, which highlights the company's ability to build a strong organic growth model. Corporate loans reached a record high, also at $1.8 billion.\nBrokerage is a smaller player, with close to half a million customers and $14.5 billion in assets. But as it rolls out a more competitive consumer banking model and develops a fintech base for its customers, it can acquire more of its customer base for its brokerage services.\nIn other words, Ally is growing nicely, and it has further means to keep it up.\nWhy is it undervalued?\nAcross many traditional valuation metrics, Ally's stock is trading low. Shares are trading at a little over 9 times forward one-year earnings, which is low even for a bank. Tangible book value (TBV) came in at a little over $36 per share on an adjusted basis in Q1, which means the bank's ratio of price to TBV is an attractive 1.4.\nLike other banks, Ally suffered at the beginning of the pandemic, when it had to move more money to cover potential losses, resulting in a net loss for the 2020 first quarter. But net income has increased in each successive quarter, up to $800 million in the 2021 first quarter, off of $1.9 billion in revenue.\nAs a smaller player in banking, the market may not be giving Ally the attention (or gains) it deserves. Ally stock gained 132% over the past year as of Wednesday's close and is trading around all-time highs, but it still sports a low overall valuation, with plenty more upside to come.","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125393712,"gmtCreate":1624647627836,"gmtModify":1703842766526,"author":{"id":"3555077406572366","authorId":"3555077406572366","authorIdStr":"3555077406572366","name":"Tiltedguy","avatar":"https://static.tigerbbs.com/6297b71cc103811214fd585f61f3a8f2","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555077406572366"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125393712","repostId":"2145508543","repostType":2,"repost":{"id":"2145508543","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1624258236,"share":"https://ttm.financial/m/news/2145508543?lang=&edition=fundamental","pubTime":"2021-06-21 14:50","market":"us","language":"en","title":"Air Liquide, Airbus, ADP Sign MoU On Hydrogen In Airports","url":"https://stock-news.laohu8.com/highlight/detail?id=2145508543","media":"Reuters","summary":"L'AIR LIQUIDE SOCIETE ANONYME POUR L'ETUDE ET L'EXPLOITATION DES PROCEDES GEORGE :Air Liquide, Airbu","content":"<html><body><p>L'AIR LIQUIDE SOCIETE ANONYME POUR L'ETUDE ET L'EXPLOITATION DES PROCEDES GEORGE <adp.pa>:Air Liquide, Airbus And Groupe Adp Partner To Prepare Paris Airports For The Hydrogen Era.Air Liquide, Airbus And Groupe Adp Have Signed Mou To Prepare For <a href=\"https://laohu8.com/S/ARVL\">Arrival</a> Of Hydrogen In Airports By 2035.Further Company Coverage: Airp.Paair.Paadp.Pa. (Gdansk Newsroom). ((Gdansk.Newsroom@Thomsonreuters.Com; +48 58 778 51 10;)).</adp.pa></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Air Liquide, Airbus, ADP Sign MoU On Hydrogen In Airports</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\">\nAir Liquide, Airbus, ADP Sign MoU On Hydrogen In Airports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-21 14:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>L'AIR LIQUIDE SOCIETE ANONYME POUR L'ETUDE ET L'EXPLOITATION DES PROCEDES GEORGE <adp.pa>:Air Liquide, Airbus And Groupe Adp Partner To Prepare Paris Airports For The Hydrogen Era.Air Liquide, Airbus And Groupe Adp Have Signed Mou To Prepare For <a href=\"https://laohu8.com/S/ARVL\">Arrival</a> Of Hydrogen In Airports By 2035.Further Company Coverage: Airp.Paair.Paadp.Pa. (Gdansk Newsroom). ((Gdansk.Newsroom@Thomsonreuters.Com; +48 58 778 51 10;)).</adp.pa></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AI":"C3.ai, Inc.","AIRI":"Air Industries Group"},"source_url":"https://www.trkd.thomsonreuters.com","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145508543","content_text":"L'AIR LIQUIDE SOCIETE ANONYME POUR L'ETUDE ET L'EXPLOITATION DES PROCEDES GEORGE :Air Liquide, Airbus And Groupe Adp Partner To Prepare Paris Airports For The Hydrogen Era.Air Liquide, Airbus And Groupe Adp Have Signed Mou To Prepare For Arrival Of Hydrogen In Airports By 2035.Further Company Coverage: Airp.Paair.Paadp.Pa. (Gdansk Newsroom). ((Gdansk.Newsroom@Thomsonreuters.Com; +48 58 778 51 10;)).","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181483625,"gmtCreate":1623406741967,"gmtModify":1704202745927,"author":{"id":"3555077406572366","authorId":"3555077406572366","authorIdStr":"3555077406572366","name":"Tiltedguy","avatar":"https://static.tigerbbs.com/6297b71cc103811214fd585f61f3a8f2","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555077406572366"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181483625","repostId":"2142721782","repostType":4,"repost":{"id":"2142721782","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623401333,"share":"https://ttm.financial/m/news/2142721782?lang=&edition=fundamental","pubTime":"2021-06-11 16:48","market":"hk","language":"en","title":"Hong Kong stocks track Asia higher, but end lower for the week","url":"https://stock-news.laohu8.com/highlight/detail?id=2142721782","media":"Reuters","summary":"HK->Shanghai Connect daily quota used -0.7%, Shanghai->HK daily quota used 3.4%\nHSI +0.4%, HSCE +0.3","content":"<ul>\n <li>HK-&gt;Shanghai Connect daily quota used -0.7%, Shanghai-&gt;HK daily quota used 3.4%</li>\n <li>HSI +0.4%, HSCE +0.3%, CSI300 -0.9%</li>\n <li>FTSE China A50 -1.1%</li>\n</ul>\n<p>June 11 (Reuters) - Hong Kong stocks posted a second straight weekly drop on Friday even as markets settled higher for the day, in line with broader Asia as inflation fears eased.</p>\n<p>At the close of trade, the Hang Seng index was up 103.25 points, or 0.36%, at 28,842.13. The Hang Seng China Enterprises index rose 0.32% to 10,750.95</p>\n<p>The sub-index of the Hang Seng tracking energy shares&nbsp;rose 2%, while the IT sector rose 0.21% and the financial sector ended 0.07% higher.</p>\n<p>The top gainer on the Hang Seng was Xinyi Solar Holdings Ltd , which gained 6.81%, while the biggest loser was Sino Biopharmaceutical Ltd , which fell 2.01%.</p>\n<p>U.S. bond yields dipped to three-month lows and a broad gauge of Asian shares rose on Friday as investors looked past rising U.S. consumer prices and focused on <a href=\"https://laohu8.com/S/AONE\">one</a> off-factors which suggested higher inflation could be short-lived.</p>\n<p>For the week, HSI slipped 0.3%, while HSCE shed 0.5%.</p>\n<p>China's new bank loans unexpectedly rose in May from the previous month but broader credit growth continued to slow, as the central bank seeks to contain rising debt in the world's second-largest economy.</p>\n<p>The Biden administration's top commerce official told her Chinese counterpart Washington is concerned about Beijing's industrial policies, the Commerce Department said on Thursday, the latest high-level exchange as the countries spar over disagreements.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was firmer by 0.34%, while Japan's Nikkei index&nbsp;closed down 0.03%.</p>\n<p>The yuan was quoted at 6.389 per U.S. dollar at 08:22 GMT, 0.06% firmer than the previous close of 6.3928.</p>\n<p>At close, China's A-shares were trading at a premium of 38.69% over Hong Kong-listed H-shares.</p>\n<p>(Reporting by the Shanghai Newsroom; Editing by Subhranshu Sahu)</p>\n<p>((luoyan.liu@thomsonreuters.com; Reuters Messaging: luoyan.liu.thomsonreuters.com@reuters.net))</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>Hong Kong stocks track Asia higher, but end lower for the 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; 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\">\nHong Kong stocks track Asia higher, but end lower for the week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-11 16:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>HK-&gt;Shanghai Connect daily quota used -0.7%, Shanghai-&gt;HK daily quota used 3.4%</li>\n <li>HSI +0.4%, HSCE +0.3%, CSI300 -0.9%</li>\n <li>FTSE China A50 -1.1%</li>\n</ul>\n<p>June 11 (Reuters) - Hong Kong stocks posted a second straight weekly drop on Friday even as markets settled higher for the day, in line with broader Asia as inflation fears eased.</p>\n<p>At the close of trade, the Hang Seng index was up 103.25 points, or 0.36%, at 28,842.13. The Hang Seng China Enterprises index rose 0.32% to 10,750.95</p>\n<p>The sub-index of the Hang Seng tracking energy shares&nbsp;rose 2%, while the IT sector rose 0.21% and the financial sector ended 0.07% higher.</p>\n<p>The top gainer on the Hang Seng was Xinyi Solar Holdings Ltd , which gained 6.81%, while the biggest loser was Sino Biopharmaceutical Ltd , which fell 2.01%.</p>\n<p>U.S. bond yields dipped to three-month lows and a broad gauge of Asian shares rose on Friday as investors looked past rising U.S. consumer prices and focused on <a href=\"https://laohu8.com/S/AONE\">one</a> off-factors which suggested higher inflation could be short-lived.</p>\n<p>For the week, HSI slipped 0.3%, while HSCE shed 0.5%.</p>\n<p>China's new bank loans unexpectedly rose in May from the previous month but broader credit growth continued to slow, as the central bank seeks to contain rising debt in the world's second-largest economy.</p>\n<p>The Biden administration's top commerce official told her Chinese counterpart Washington is concerned about Beijing's industrial policies, the Commerce Department said on Thursday, the latest high-level exchange as the countries spar over disagreements.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index&nbsp;was firmer by 0.34%, while Japan's Nikkei index&nbsp;closed down 0.03%.</p>\n<p>The yuan was quoted at 6.389 per U.S. dollar at 08:22 GMT, 0.06% firmer than the previous close of 6.3928.</p>\n<p>At close, China's A-shares were trading at a premium of 38.69% over Hong Kong-listed H-shares.</p>\n<p>(Reporting by the Shanghai Newsroom; Editing by Subhranshu Sahu)</p>\n<p>((luoyan.liu@thomsonreuters.com; Reuters Messaging: luoyan.liu.thomsonreuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00662":"亚洲金融"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142721782","content_text":"HK->Shanghai Connect daily quota used -0.7%, Shanghai->HK daily quota used 3.4%\nHSI +0.4%, HSCE +0.3%, CSI300 -0.9%\nFTSE China A50 -1.1%\n\nJune 11 (Reuters) - Hong Kong stocks posted a second straight weekly drop on Friday even as markets settled higher for the day, in line with broader Asia as inflation fears eased.\nAt the close of trade, the Hang Seng index was up 103.25 points, or 0.36%, at 28,842.13. The Hang Seng China Enterprises index rose 0.32% to 10,750.95\nThe sub-index of the Hang Seng tracking energy shares rose 2%, while the IT sector rose 0.21% and the financial sector ended 0.07% higher.\nThe top gainer on the Hang Seng was Xinyi Solar Holdings Ltd , which gained 6.81%, while the biggest loser was Sino Biopharmaceutical Ltd , which fell 2.01%.\nU.S. bond yields dipped to three-month lows and a broad gauge of Asian shares rose on Friday as investors looked past rising U.S. consumer prices and focused on one off-factors which suggested higher inflation could be short-lived.\nFor the week, HSI slipped 0.3%, while HSCE shed 0.5%.\nChina's new bank loans unexpectedly rose in May from the previous month but broader credit growth continued to slow, as the central bank seeks to contain rising debt in the world's second-largest economy.\nThe Biden administration's top commerce official told her Chinese counterpart Washington is concerned about Beijing's industrial policies, the Commerce Department said on Thursday, the latest high-level exchange as the countries spar over disagreements.\nAround the region, MSCI's Asia ex-Japan stock index was firmer by 0.34%, while Japan's Nikkei index closed down 0.03%.\nThe yuan was quoted at 6.389 per U.S. dollar at 08:22 GMT, 0.06% firmer than the previous close of 6.3928.\nAt close, China's A-shares were trading at a premium of 38.69% over Hong Kong-listed H-shares.\n(Reporting by the Shanghai Newsroom; Editing by Subhranshu Sahu)\n((luoyan.liu@thomsonreuters.com; Reuters Messaging: luoyan.liu.thomsonreuters.com@reuters.net))","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380914669,"gmtCreate":1612503198351,"gmtModify":1704872073360,"author":{"id":"3555077406572366","authorId":"3555077406572366","authorIdStr":"3555077406572366","name":"Tiltedguy","avatar":"https://static.tigerbbs.com/6297b71cc103811214fd585f61f3a8f2","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3555077406572366"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380914669","repostId":"1189425388","repostType":4,"repost":{"id":"1189425388","pubTimestamp":1612501510,"share":"https://ttm.financial/m/news/1189425388?lang=&edition=fundamental","pubTime":"2021-02-05 13:05","market":"fut","language":"en","title":"Oil prices rise to highest in a year on U.S. growth optimism, crude supply restraint","url":"https://stock-news.laohu8.com/highlight/detail?id=1189425388","media":"reuters","summary":"Singapore (Reuters) - Oil prices climbed on Friday to their highest levels in a year, extending a ru","content":"<p>Singapore (Reuters) - Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains on signs of economic growth in the United States and a continued commitment by producers to hold back crude supply.</p>\n<p>“Rising confidence in an upturn in economic and oil demand recovery around the corner is a major impetus for crude,” said Vandana Hari, energy analyst at Vanda Insights.</p>\n<p>“Right now, the concurrent tightening of supply due to the additional Saudi cuts is adding to the tailwinds,” Hari said. “Brent may be well on its way to the $60 milestone.”</p>\n<p>Brent crude futures climbed 40 cents, or 0.7%, to $59.24 a barrel by 0428 GMT, after hitting a high of $59.41, its highest since Feb. 20 last year. Brent is on track to rise 6% this week.</p>\n<p>U.S. West Texas Intermediate (WTI) crude futures jumped 42 cents, or 0.8%, to $56.65 a barrel, after touching a high of $56.84, its top since Jan. 22 last year. The benchmark contract is on track for a weekly gain of nearly 9%, which would be its biggest weekly gain since October.</p>\n<p>In a sign of tightening crude oil supplies, the six-month backwardation in Brent and WTI futures - when the price for prompt delivery is higher than the price for future delivery - jumped to 13-month highs for both contracts at $2.41 and $2.30 a barrel, respectively.</p>\n<p>Markets were encouraged by stronger-than-expected orders for U.S. goods in December, pointing to strength in manufacturing, and hopes for swift approval by lawmakers of President Joe Biden’s proposed $1.9 trillion coronavirus aid plan.</p>\n<p>“OPEC+ discipline has been a real positive,” said Michael McCarthy, chief market strategist at CMC Markets, referring to the Organization of the Petroleum Exporting Countries and allies led by Russia. The alliance this week reaffirmed its support for deep supply cuts which have helped to bring down swollen global crude stockpiles.</p>\n<p>“And then when we have signs of better economic growth, then it’s up and away (for prices),” said McCarthy.</p>\n<p>Chinese demand for crude oil is also helping support the market, as shown by industry tracking that reports two tankers of North Sea crude oil heading to China for March 22 and March 24, said Axi global market strategist Stephen Innes.</p>\n<p>“When demand drives commodity prices, it has a more bullish impact and leaves a more lasting reflection on price action,” Innes said in a note.</p>","source":"lsy1601381805984","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>Oil prices rise to highest in a year on U.S. growth optimism, crude supply restraint</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\">\nOil prices rise to highest in a year on U.S. growth optimism, crude supply restraint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 13:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-global-oil/oil-prices-rise-to-highest-in-a-year-on-u-s-growth-optimism-crude-supply-restraint-idUSKBN2A508I?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore (Reuters) - Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains on signs of economic growth in the United States and a continued commitment by ...</p>\n\n<a href=\"https://www.reuters.com/article/us-global-oil/oil-prices-rise-to-highest-in-a-year-on-u-s-growth-optimism-crude-supply-restraint-idUSKBN2A508I?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3faadc006e67e6ac130a7b171f263b4d","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-global-oil/oil-prices-rise-to-highest-in-a-year-on-u-s-growth-optimism-crude-supply-restraint-idUSKBN2A508I?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189425388","content_text":"Singapore (Reuters) - Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains on signs of economic growth in the United States and a continued commitment by producers to hold back crude supply.\n“Rising confidence in an upturn in economic and oil demand recovery around the corner is a major impetus for crude,” said Vandana Hari, energy analyst at Vanda Insights.\n“Right now, the concurrent tightening of supply due to the additional Saudi cuts is adding to the tailwinds,” Hari said. “Brent may be well on its way to the $60 milestone.”\nBrent crude futures climbed 40 cents, or 0.7%, to $59.24 a barrel by 0428 GMT, after hitting a high of $59.41, its highest since Feb. 20 last year. Brent is on track to rise 6% this week.\nU.S. West Texas Intermediate (WTI) crude futures jumped 42 cents, or 0.8%, to $56.65 a barrel, after touching a high of $56.84, its top since Jan. 22 last year. The benchmark contract is on track for a weekly gain of nearly 9%, which would be its biggest weekly gain since October.\nIn a sign of tightening crude oil supplies, the six-month backwardation in Brent and WTI futures - when the price for prompt delivery is higher than the price for future delivery - jumped to 13-month highs for both contracts at $2.41 and $2.30 a barrel, respectively.\nMarkets were encouraged by stronger-than-expected orders for U.S. goods in December, pointing to strength in manufacturing, and hopes for swift approval by lawmakers of President Joe Biden’s proposed $1.9 trillion coronavirus aid plan.\n“OPEC+ discipline has been a real positive,” said Michael McCarthy, chief market strategist at CMC Markets, referring to the Organization of the Petroleum Exporting Countries and allies led by Russia. The alliance this week reaffirmed its support for deep supply cuts which have helped to bring down swollen global crude stockpiles.\n“And then when we have signs of better economic growth, then it’s up and away (for prices),” said McCarthy.\nChinese demand for crude oil is also helping support the market, as shown by industry tracking that reports two tankers of North Sea crude oil heading to China for March 22 and March 24, said Axi global market strategist Stephen Innes.\n“When demand drives commodity prices, it has a more bullish impact and leaves a more lasting reflection on price action,” Innes said in a note.","news_type":1},"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}