Jack91 personal page - To The Moon

Jack91

Jack91

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2021-06-19

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Over 2 trillion U.S. stock options decisive battle tonight's "Four Witches Day"

2021-12-28

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Sorry, the original content has been removed

2021-06-25

Good

Opening: Nasdaq and S&P hit new highs! Tech stocks continue their strength

2021-06-20

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Preview: Powell joins hands with US core inflation data to hit

2023-01-03

$老虎证券(TIGR)$

2021-06-24

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The iPhone 13 uses fingerprint recognition, and it can really kill bangs!?

2021-06-21

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Sorry, the original content has been removed

2021-06-20

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The market actually went like this after the resolution! Has the Fed thought of it?

2021-06-17

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Some WSB concept stocks fell, and AMC cinemas fell more than 10%

2023-04-28

$第一共和银行(FRC)$

Go to Tiger App to see more news

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Didi Chuxing App will be removed from the shelves for rectification in strict accordance with the requirements of relevant departments. Users who have downloaded Didi App can use it normally, and passengers' travel and drivers' orders will not be affected. We sincerely thank the competent authorities for guiding Didi to investigate risks. We will seriously rectify and rectify, continuously improve risk prevention awareness and technical capabilities, continue to protect user privacy and data security, prevent network security risks, and continue to provide users with safe and convenient services.<img src=\"https://static.tigerbbs.com/6b915e55def9ab7e3d9bc2ac3f9e6696\" tg-width=\"856\" tg-height=\"373\" referrerpolicy=\"no-referrer\"><b>Cyberspace Administration of China: Remove the \"Didi Chuxing\" App</b></p><p>Netcom issued a notice on the removal of the \"Didi Chuxing\" App. According to the report, after testing and verification, the \"Didi Chuxing\" App has serious violations of laws and regulations in collecting and using personal information. According to the relevant provisions of the Cybersecurity Law of the People's Republic of China, the State Internet Information Office notified the App store to remove the \"Didi Chuxing\" App, requiring Didi Chuxing Technology Co., Ltd. to strictly follow the legal requirements and refer to relevant national standards, seriously rectify existing problems, and effectively protect the personal information security of users.<img src=\"https://static.tigerbbs.com/e196df68ba7072b0b8971a7078b6b3c1\" tg-width=\"980\" tg-height=\"438\" referrerpolicy=\"no-referrer\"></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>The Cyberspace Administration of China removed the \"Didi Chuxing\" App from the shelves, Didi responded: Serious rectification</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nThe Cyberspace Administration of China removed the \"Didi Chuxing\" App from the shelves, Didi responded: Serious rectification\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-07-04 19:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>Didi responded to being removed from shelves and serious violations of laws and regulations to collect and use personal information</b></p><p>Didi resolutely implements the relevant requirements of relevant state departments, and has suspended the registration of new users on July 3. Didi Chuxing App will be removed from the shelves for rectification in strict accordance with the requirements of relevant departments. Users who have downloaded Didi App can use it normally, and passengers' travel and drivers' orders will not be affected. We sincerely thank the competent authorities for guiding Didi to investigate risks. We will seriously rectify and rectify, continuously improve risk prevention awareness and technical capabilities, continue to protect user privacy and data security, prevent network security risks, and continue to provide users with safe and convenient services.<img src=\"https://static.tigerbbs.com/6b915e55def9ab7e3d9bc2ac3f9e6696\" tg-width=\"856\" tg-height=\"373\" referrerpolicy=\"no-referrer\"><b>Cyberspace Administration of China: Remove the \"Didi Chuxing\" App</b></p><p>Netcom issued a notice on the removal of the \"Didi Chuxing\" App. According to the report, after testing and verification, the \"Didi Chuxing\" App has serious violations of laws and regulations in collecting and using personal information. According to the relevant provisions of the Cybersecurity Law of the People's Republic of China, the State Internet Information Office notified the App store to remove the \"Didi Chuxing\" App, requiring Didi Chuxing Technology Co., Ltd. to strictly follow the legal requirements and refer to relevant national standards, seriously rectify existing problems, and effectively protect the personal information security of users.<img src=\"https://static.tigerbbs.com/e196df68ba7072b0b8971a7078b6b3c1\" tg-width=\"980\" tg-height=\"438\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/90e9b3b1ac56aae7290447c10b3ea865","relate_stocks":{"DIDI":"滴滴(已退市)"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155046075","content_text":"滴滴回应被下架和严重违法违规收集使用个人信息\n滴滴坚决落实国家有关部门的相关要求，已于7月3日暂停新用户注册，滴滴出行App将严格按照有关部门的要求下架整改。已下载滴滴App的用户可正常使用，乘客的出行和司机师傅的接单不受影响。真诚感谢主管部门指导滴滴排查风险，我们将认真整改，不断提升风险防范意识和技术能力，持续保护用户隐私和数据安全，防范网络安全风险，持续为用户提供安全便捷的服务。国家网信办：下架“滴滴出行”App\n网信中国发布关于下架“滴滴出行”App的通报，根据举报，经检测核实，“滴滴出行”App存在严重违法违规收集使用个人信息问题。国家互联网信息办公室依据《中华人民共和国网络安全法》相关规定，通知应用商店下架“滴滴出行”App，要求滴滴出行科技有限公司严格按照法律要求，参照国家有关标准，认真整改存在的问题，切实保障广大用户个人信息安全。","news_type":1,"symbols_score_info":{"DIDI":0.9}},"isVote":1,"tweetType":1,"viewCount":3461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126650295,"gmtCreate":1624567935817,"gmtModify":1703840428520,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126650295","repostId":"1199120523","repostType":4,"repost":{"id":"1199120523","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624541451,"share":"https://ttm.financial/m/news/1199120523?lang=en_US&edition=fundamental","pubTime":"2021-06-24 21:30","market":"us","language":"zh","title":"Opening: Nasdaq and S&P hit new highs! Tech stocks continue their strength","url":"https://stock-news.laohu8.com/highlight/detail?id=1199120523","media":"老虎资讯综合","summary":"6月24日（周四），纳斯达克综合指数开盘上涨91.1点，涨幅0.64%，报14362.8点；标普500指数开盘上涨22.36点，涨幅0.53%，报4264.20点；道琼斯指数开盘上涨182.35点，涨","content":"<p>On June 24 (Thursday), the Nasdaq Composite Index opened up 91.1 points, or 0.64%, to 14362.8 points; The S&P 500 index opened up 22.36 points, or 0.53%, to 4264.20 points; The Dow Jones index opened up 182.35 points, or 0.54%, to 34,056.59 points.</p><p><img src=\"https://static.tigerbbs.com/95f1bc6c5ee7460a3506f35d137a3a29\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/90f02b2081ef4cd205fc04be09117cd5\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Up 0.8% at the opening, XPeng Motor announced that the maximum issue price of the Hong Kong public offering is HK $180 per share or US $23.19 (equivalent to US $46.39 per ADS).</p><p><a href=\"https://laohu8.com/S/UXIN\">Youxin</a>It opened up more than 5%. At the regular press conference held by the Ministry of Commerce today, spokesman Gao Feng said that the Ministry of Commerce is working with relevant departments to promote the accelerated development of the second-hand car market by canceling the policy of restricting the relocation of second-hand cars and facilitating second-hand car transactions.</p><p><a href=\"https://laohu8.com/S/LLY\">Eli Lilly</a>It rose more than 8%, and its Alzheimer's disease treatment drug donanemab was certified as a breakthrough therapy by the U.S. Food and Drug Administration.</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>It opened up 0.51%. Microsoft shares hit a record intraday high on Wednesday, with a total market value of $2 trillion. At 23:00 Beijing time tonight, Microsoft will release a new generation of Windows system Win11. It is reported that the new generation of Windows will provide many functions designed for the \"post-epidemic world\".</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose more than 2% before the market. Previously, the Tesla Model 3 was named the most made car in the United States in 2021 by Cars.com, an American online car sales service provider.</p><p>Sub-new shares, customer experience management platform<a href=\"https://laohu8.com/S/CXM\">Sprinklr</a>It rose more than 15%, and closed up 10% on the first day of listing yesterday.</p><p><a href=\"https://laohu8.com/S/LAZR\">Luminar</a>With an increase of more than 10%, its lidar technology will become the standard equipment of Volvo's upcoming all-electric flagship car.</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>Opening: Nasdaq and S&P hit new highs! Tech stocks continue their strength</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nOpening: Nasdaq and S&P hit new highs! Tech stocks continue their strength\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-24 21:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 24 (Thursday), the Nasdaq Composite Index opened up 91.1 points, or 0.64%, to 14362.8 points; The S&P 500 index opened up 22.36 points, or 0.53%, to 4264.20 points; The Dow Jones index opened up 182.35 points, or 0.54%, to 34,056.59 points.</p><p><img src=\"https://static.tigerbbs.com/95f1bc6c5ee7460a3506f35d137a3a29\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/90f02b2081ef4cd205fc04be09117cd5\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Up 0.8% at the opening, XPeng Motor announced that the maximum issue price of the Hong Kong public offering is HK $180 per share or US $23.19 (equivalent to US $46.39 per ADS).</p><p><a href=\"https://laohu8.com/S/UXIN\">Youxin</a>It opened up more than 5%. At the regular press conference held by the Ministry of Commerce today, spokesman Gao Feng said that the Ministry of Commerce is working with relevant departments to promote the accelerated development of the second-hand car market by canceling the policy of restricting the relocation of second-hand cars and facilitating second-hand car transactions.</p><p><a href=\"https://laohu8.com/S/LLY\">Eli Lilly</a>It rose more than 8%, and its Alzheimer's disease treatment drug donanemab was certified as a breakthrough therapy by the U.S. Food and Drug Administration.</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>It opened up 0.51%. Microsoft shares hit a record intraday high on Wednesday, with a total market value of $2 trillion. At 23:00 Beijing time tonight, Microsoft will release a new generation of Windows system Win11. It is reported that the new generation of Windows will provide many functions designed for the \"post-epidemic world\".</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose more than 2% before the market. Previously, the Tesla Model 3 was named the most made car in the United States in 2021 by Cars.com, an American online car sales service provider.</p><p>Sub-new shares, customer experience management platform<a href=\"https://laohu8.com/S/CXM\">Sprinklr</a>It rose more than 15%, and closed up 10% on the first day of listing yesterday.</p><p><a href=\"https://laohu8.com/S/LAZR\">Luminar</a>With an increase of more than 10%, its lidar technology will become the standard equipment of Volvo's upcoming all-electric flagship car.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199120523","content_text":"6月24日（周四），纳斯达克综合指数开盘上涨91.1点，涨幅0.64%，报14362.8点；标普500指数开盘上涨22.36点，涨幅0.53%，报4264.20点；道琼斯指数开盘上涨182.35点，涨幅0.54%，报34056.59点。\n\n\n小鹏汽车开盘涨0.8%，小鹏汽车公布：香港公开发行的最高发行价为每股180港元或23.19美元(相等于每ADS 46.39美元)。\n优信开盘涨超5%。在今天商务部举行的例行新闻发布会上，新闻发言人高峰表示，商务部正会同有关部门，围绕取消二手车限迁政策、便利二手车交易等推动二手车市场加快发展。\n礼来开涨逾8%，其阿尔茨海默病治疗药物donanemab获美国食品药品监督管理局突破性疗法认证。\n微软开盘涨0.51%。微软股价周三盘中创历史新高，总市值达两万亿美元。北京时间今晚23:00，微软将发布全新一代Windows系统Win11。据悉，新一代Windows将提供多方面为“后疫情世界”设计的功能。\n特斯拉盘前涨超2%。此前特斯拉Model 3被美国在线汽车销售服务商Cars.com评为2021年美国制造最多的汽车。\n次新股、客户体验管理平台Sprinklr涨超15%，昨日上市首日收涨10%。\nLuminar涨超10%，其激光雷达技术将成为沃尔沃即将推出的全电动旗舰车的标准配备。","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128819777,"gmtCreate":1624509821599,"gmtModify":1703838812931,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128819777","repostId":"1136951406","repostType":4,"repost":{"id":"1136951406","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624497362,"share":"https://ttm.financial/m/news/1136951406?lang=en_US&edition=fundamental","pubTime":"2021-06-24 09:16","market":"hk","language":"zh","title":"Chaoju Ophthalmology will launch its IPO today, and the first-hand admission fee is about HK $5353.41","url":"https://stock-news.laohu8.com/highlight/detail?id=1136951406","media":"老虎资讯综合","summary":"6月24日，朝聚眼科发布公告，公司于6月24日至6月29日招股；公司拟全球发售1.7093亿股股份，其中香港发售股份1709.3万股，国际发售股份1.53837亿股；每股发行价9.48-10.60港元","content":"<p>On June 24, Chaoju Ophthalmology issued an announcement that the company will issue an IPO from June 24 to June 29; The company plans to sell 170.93 million shares globally, including 17.093 million shares offered in Hong Kong and 153.837 million shares offered internationally; The issue price per share is 9.48-10.60 Hong Kong dollars, each lot is 500 shares, and the admission fee is about 5353.41 Hong Kong dollars; Haitong International and Huatai International are joint sponsors, and it is expected that the shares will be listed on the main board of the Stock Exchange on July 7.</p><p><b>Tiger Trade will open for subscription at 11:30 [</b><a href=\"https://www-web.itiger.com/mi/ipo/index/hk/listing\" target=\"_blank\"><b>Subscription entrance</b></a><b>】</b></p><p><img src=\"https://static.tigerbbs.com/396a841474a75b2709096e6774872273\" tg-width=\"850\" tg-height=\"763\" referrerpolicy=\"no-referrer\"></p><p><b>Subscription ladder:</b></p><p>There are 500 shares per lot, and the admission fee is HK $5,353.41.</p><p>The threshold for Group B is 500,000 shares, and the funds required for subscription are approximately HK $5,353,408.1.</p><p><img src=\"https://static.tigerbbs.com/3ad211e1911379810ca70b4c49d2cfe8\" tg-width=\"1153\" tg-height=\"662\" referrerpolicy=\"no-referrer\"></p><p>The Group is a leading and nationally renowned ophthalmic medical service group in North China. According to the Frost & Sullivan Report, among private eye hospitals, the Group ranked first in Inner Mongolia, second in North China and fifth in China in terms of total revenue in 2020. China has a large and rapidly growing ophthalmic medical service market. According to the Frost & Sullivan Report, the size of China's ophthalmic medical service market increased from RMB 73 billion in 2015 to RMB 127.5 billion in 2019, with a compound annual growth rate of 15.0%, and is expected to further increase to RMB 223.1 billion in 2024; The size of the ophthalmic medical service market in North China increased from RMB 13.2 billion in 2015 to RMB 21.2 billion in 2019, with a compound annual growth rate of 12.5%, and is expected to further grow to RMB 33.7 billion in 2024; The size of the ophthalmic medical service market in Inner Mongolia increased from RMB1.1 billion in 2015 to RMB2 billion in 2019, representing a CAGR of 15.6%, and is expected to further grow to RMB3.3 billion in 2024. With the increasing population and the strong demand for ophthalmic medical services, the growth potential of the ophthalmic medical services market in China is expected to be huge. Leveraging on the Group's experience and market leadership in ophthalmic services, the Group believes that the Group is well positioned to seize the growing opportunities and benefit from the rapid expansion of China's ophthalmic services market.</p><p>During the Track Record Period, the Group experienced rapid growth. The Group's revenue increased by 13.0% from RMB 632.7 million in 2018 to RMB 714.7 million in 2019, and further increased by 11.1% to RMB 794.3 million in 2020. The group's net profit also increased significantly from RMB 29.2 million in 2018 to RMB 70.8 million in 2019, and further increased by 70.2% to RMB 120.5 million in 2020. In 2018, 2019 and 2020, the number of patient visits to the Group's hospitals was 638,650, 702,143 and 696,206, respectively, and the number of client visits to the optometry center was 73,935, 79,903 and 91,660, respectively.</p><p><img src=\"https://static.tigerbbs.com/9b85516f9bf7cbda5d3618c2a26e58d7\" tg-width=\"957\" tg-height=\"639\" referrerpolicy=\"no-referrer\"></p><p>The Group has entered into a Cornerstone Investment Agreement with the Cornerstone Investor, pursuant to which the Cornerstone Investor has agreed to subscribe for, or procure its designated entity to subscribe for, a certain number of Offer Shares at the Offer Price. The cornerstone investors have agreed to subscribe for the relevant number of Offer Shares available at the Offer Price, totaling US $102 million or approximately HK $792 million. Calculated based on the offer price of HK $10.04 per share (i.e. the mid-point of the offer price range), assuming that the over-allotment option is not exercised, the total number of shares to be subscribed by cornerstone investors is 78.8395 million shares, accounting for approximately 46.12% of the offer shares and immediately following the completion of the global offering The total issued share capital is approximately 11.47%. Cornerstone investors include Wells Fargo Fund Management Limited, Gigantic Wealth Holdings Limited, Tongbai Capital (Hong Kong) Limited, and The Valliance Fund.</p><p><img src=\"https://static.tigerbbs.com/bec0f4980a5f1eb938ada0e1abe84825\" tg-width=\"946\" tg-height=\"629\" referrerpolicy=\"no-referrer\"></p><p>Assuming an offer price of HK $10.04 per share (the mid-point of the offer price range), and assuming that the over-allotment option is not exercised, the Group estimates that the net proceeds received from the global offering will be approximately HK $1,283.2 million. Among them, approximately 35.8% of the net proceeds from the global offering will be used to establish new hospitals and relocate, upgrade and decorate existing hospitals; Approximately 44.8% will be used to acquire hospitals in new markets with large population and relatively high demand for ophthalmic medical services when suitable opportunities arise; About 9.4% will be used to upgrade the Group's information technology system; And approximately 10.0% will be used for working capital and other general corporate purposes.</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>Chaoju Ophthalmology will launch its IPO today, and the first-hand admission fee is about HK $5353.41</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nChaoju Ophthalmology will launch its IPO today, and the first-hand admission fee is about HK $5353.41\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-24 09:16</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 24, Chaoju Ophthalmology issued an announcement that the company will issue an IPO from June 24 to June 29; The company plans to sell 170.93 million shares globally, including 17.093 million shares offered in Hong Kong and 153.837 million shares offered internationally; The issue price per share is 9.48-10.60 Hong Kong dollars, each lot is 500 shares, and the admission fee is about 5353.41 Hong Kong dollars; Haitong International and Huatai International are joint sponsors, and it is expected that the shares will be listed on the main board of the Stock Exchange on July 7.</p><p><b>Tiger Trade will open for subscription at 11:30 [</b><a href=\"https://www-web.itiger.com/mi/ipo/index/hk/listing\" target=\"_blank\"><b>Subscription entrance</b></a><b>】</b></p><p><img src=\"https://static.tigerbbs.com/396a841474a75b2709096e6774872273\" tg-width=\"850\" tg-height=\"763\" referrerpolicy=\"no-referrer\"></p><p><b>Subscription ladder:</b></p><p>There are 500 shares per lot, and the admission fee is HK $5,353.41.</p><p>The threshold for Group B is 500,000 shares, and the funds required for subscription are approximately HK $5,353,408.1.</p><p><img src=\"https://static.tigerbbs.com/3ad211e1911379810ca70b4c49d2cfe8\" tg-width=\"1153\" tg-height=\"662\" referrerpolicy=\"no-referrer\"></p><p>The Group is a leading and nationally renowned ophthalmic medical service group in North China. According to the Frost & Sullivan Report, among private eye hospitals, the Group ranked first in Inner Mongolia, second in North China and fifth in China in terms of total revenue in 2020. China has a large and rapidly growing ophthalmic medical service market. According to the Frost & Sullivan Report, the size of China's ophthalmic medical service market increased from RMB 73 billion in 2015 to RMB 127.5 billion in 2019, with a compound annual growth rate of 15.0%, and is expected to further increase to RMB 223.1 billion in 2024; The size of the ophthalmic medical service market in North China increased from RMB 13.2 billion in 2015 to RMB 21.2 billion in 2019, with a compound annual growth rate of 12.5%, and is expected to further grow to RMB 33.7 billion in 2024; The size of the ophthalmic medical service market in Inner Mongolia increased from RMB1.1 billion in 2015 to RMB2 billion in 2019, representing a CAGR of 15.6%, and is expected to further grow to RMB3.3 billion in 2024. With the increasing population and the strong demand for ophthalmic medical services, the growth potential of the ophthalmic medical services market in China is expected to be huge. Leveraging on the Group's experience and market leadership in ophthalmic services, the Group believes that the Group is well positioned to seize the growing opportunities and benefit from the rapid expansion of China's ophthalmic services market.</p><p>During the Track Record Period, the Group experienced rapid growth. The Group's revenue increased by 13.0% from RMB 632.7 million in 2018 to RMB 714.7 million in 2019, and further increased by 11.1% to RMB 794.3 million in 2020. The group's net profit also increased significantly from RMB 29.2 million in 2018 to RMB 70.8 million in 2019, and further increased by 70.2% to RMB 120.5 million in 2020. In 2018, 2019 and 2020, the number of patient visits to the Group's hospitals was 638,650, 702,143 and 696,206, respectively, and the number of client visits to the optometry center was 73,935, 79,903 and 91,660, respectively.</p><p><img src=\"https://static.tigerbbs.com/9b85516f9bf7cbda5d3618c2a26e58d7\" tg-width=\"957\" tg-height=\"639\" referrerpolicy=\"no-referrer\"></p><p>The Group has entered into a Cornerstone Investment Agreement with the Cornerstone Investor, pursuant to which the Cornerstone Investor has agreed to subscribe for, or procure its designated entity to subscribe for, a certain number of Offer Shares at the Offer Price. The cornerstone investors have agreed to subscribe for the relevant number of Offer Shares available at the Offer Price, totaling US $102 million or approximately HK $792 million. Calculated based on the offer price of HK $10.04 per share (i.e. the mid-point of the offer price range), assuming that the over-allotment option is not exercised, the total number of shares to be subscribed by cornerstone investors is 78.8395 million shares, accounting for approximately 46.12% of the offer shares and immediately following the completion of the global offering The total issued share capital is approximately 11.47%. Cornerstone investors include Wells Fargo Fund Management Limited, Gigantic Wealth Holdings Limited, Tongbai Capital (Hong Kong) Limited, and The Valliance Fund.</p><p><img src=\"https://static.tigerbbs.com/bec0f4980a5f1eb938ada0e1abe84825\" tg-width=\"946\" tg-height=\"629\" referrerpolicy=\"no-referrer\"></p><p>Assuming an offer price of HK $10.04 per share (the mid-point of the offer price range), and assuming that the over-allotment option is not exercised, the Group estimates that the net proceeds received from the global offering will be approximately HK $1,283.2 million. Among them, approximately 35.8% of the net proceeds from the global offering will be used to establish new hospitals and relocate, upgrade and decorate existing hospitals; Approximately 44.8% will be used to acquire hospitals in new markets with large population and relatively high demand for ophthalmic medical services when suitable opportunities arise; About 9.4% will be used to upgrade the Group's information technology system; And approximately 10.0% will be used for working capital and other general corporate purposes.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{"02219":"朝聚眼科"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136951406","content_text":"6月24日，朝聚眼科发布公告，公司于6月24日至6月29日招股；公司拟全球发售1.7093亿股股份，其中香港发售股份1709.3万股，国际发售股份1.53837亿股；每股发行价9.48-10.60港元，每手买卖单位500股，入场费约5353.41港元；海通国际及华泰国际为联席保荐人，预期股份将于7月7日于联交所主板挂牌上市。\nTiger Trade将于11:30开放申购【申购入口】\n\n申购阶梯：\n每手500股，入场费5353.41港元。\n乙组门槛为50万股，申购所需资金约5353408.1港元。\n\n集团是中国华北地区领先、全国知名的眼科医疗服务集团。根据弗若斯特沙利文报告，于民营眼科医院中，按2020年的收益总额计，集团在内蒙古排名第一、在中国华北地区排名第二及在中国排名第五。中国拥有一个庞大且快速成长的眼科医疗服务市场。根据弗若斯特沙利文报告，中国眼科医疗服务市场的规模从2015年的人民币730亿元增加至2019年的人民币1,275亿元，复合年增长率达15.0%，预计将进一步增至2024年的人民币2,231亿元；中国华北地区眼科医疗服务市场的规模从2015年的人民币132亿元增加至2019年的人民币212亿元，复合年增长率达12.5%，预计将进一步增长至2024年的人民币337亿元；内蒙古眼科医疗服务市场的规模由2015年的人民币11亿元增至2019年的人民币20亿元，复合年增长率达15.6%，预期将进一步增长至2024年的人民币33亿元。随着人口增加，加上眼科医疗服务需求殷切，预期中国眼科医疗服务市场的增长潜力庞大。凭藉集团于眼科服务的经验及市场领先优势，集团相信集团处于有利位置以把握不断增长的机遇，并从中国眼科服务市场的快速扩展中受惠。\n于往绩记录期间，集团迎来快速增长。集团的收益由2018年的人民币6.327亿元增加13.0%至2019年的人民币7.147亿元，并进一步增加11.1%至2020年的人民币7.943亿元。集团的纯利亦由2018年的人民币2920万元大幅增加至2019年的人民币7080万元，并进一步增加70.2%至2020年的人民币1.205亿元。于2018年、2019年及2020年，集团医院的患者就诊人次分别为638,650名、702,143名及696,206名，且视光中心的客户就诊人次分别为73,935名、79,903名及91,660名。\n\n集团已与基石投资者订立基石投资协议，据此，基石投资者已同意按发售价认购或促使其指定实体按发售价认购若干数目的发售股份。基石投资者已同意按发售价认购可认购有关数目的发售股份，总额为1.02亿美元或约7.92亿港元。按发售价每股10.04港元(即发售价范围中位数)计算，假设超额配股权不获行使，基石投资者将予认购的股份总数为7883.95万股，占发售股份约46.12%及紧随全球发售完成后已发行股本总额约11.47%。基石投资者包括富国基金管理有限公司、Gigantic Wealth Holdings Limited、通柏资本(香港)有限公司、及The Valliance Fund。\n\n假设发售价为每股10.04港元(即发售价范围中位数)，并假设超额配股权未获行使，集团估计收取的全球发售所得款项净额将约为12.832亿港元。其中，全球发售所得款项净额约35.8%将用于建立新医院以及搬迁、升级及装修现有医院；约44.8%将在出现合适机遇时，用于在人口庞大且对眼科医疗服务需求相对较高的新市场中收购医院；约9.4%将用于升级集团的信息技术系统；及约10.0%将用于营运资金及其他一般企业用途。","news_type":1,"symbols_score_info":{"02219":0.9}},"isVote":1,"tweetType":1,"viewCount":2664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121515331,"gmtCreate":1624474767523,"gmtModify":1703837833613,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121515331","repostId":"1152958237","repostType":4,"repost":{"id":"1152958237","kind":"news","pubTimestamp":1624460851,"share":"https://ttm.financial/m/news/1152958237?lang=en_US&edition=fundamental","pubTime":"2021-06-23 23:07","market":"us","language":"zh","title":"The iPhone 13 uses fingerprint recognition, and it can really kill bangs!?","url":"https://stock-news.laohu8.com/highlight/detail?id=1152958237","media":"雷科技","summary":"下一代iPhone的传闻，在整个数码圈再度兴起波澜。","content":"<p>Rumors of the next generation iPhone have once again stirred up waves in the whole digital circle.</p><p>According to the domestic media \"Science and Technology Innovation Board Daily\", supply chain sources say that the next generation iPhone will be released in September this year, and this product may be named iPhone 12s or iPhone 13. It is reported that unlike the iPhone 12 series, the design, screen, and camera configuration of the next generation iPhone series will all usher in a comprehensive upgrade, and it is expected to add under-screen fingerprint unlocking technology for the first time.</p><p>Coincidentally, some time ago the American media \"Tom's Guide\" also broke the news that,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>In-screen fingerprint technology is being developed for the next generation iPhone 13. This feature will serve as an auxiliary biometric function together with Face ID, completely replacing the existence of passwords.</p><p>All kinds of revelations about Apple's future models also make us more and more curious about the shape of the next generation iPhone.</p><p><b>Touch ID Coming back?</b></p><p>It doesn't seem to be anything new for Apple fans to want Touch ID.</p><p>The so-called Touch ID is actually a fingerprint identification technology of Apple. As early as 2013, Apple installed the Touch iD function on the iPhone 5s for the first time. This function captured the love of a large number of fruit powders with its advantages of sensitive recognition and high security. Subsequently, this function appeared on devices such as iPad and Mac, and was also popular with fruit powder.</p><p><img src=\"https://static.tigerbbs.com/f8f93511c6a376d4aa6f08bd368ad9f8\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p><p>Unfortunately, in 2017, Apple launched its first full-screen model, the iPhone X. In order to completely get rid of the Home button on the iPhone, Apple began to phase out Touch ID fingerprint recognition and instead use Face ID facial recognition function. So far, the iPhone series product line bid farewell to Touch iD for 3 years until the appearance of iPhone SE 2020 in 2020.</p><p>Now it seems that although Apple has said that \"we will not make a second plan\", three years after Face ID was mass-produced, Apple is indeed seriously considering the possibility of under-screen fingerprints. As early as January this year, many bloggers revealed that Apple plans to release an iPhone that supports Touch ID and Face ID dual unlocking functions in 2021, and relevant supply chain manufacturers gave a \"no comment\" reply, which made netizens It feels more like a \"real hammer in disguise\".</p><p><img src=\"https://static.tigerbbs.com/dc7fca321658916961cd3e1c87313790\" tg-width=\"550\" tg-height=\"130\" referrerpolicy=\"no-referrer\"></p><p>In terms of technology, in November 2020, Apple submitted a patent. In the patent document, Apple described that they have developed a technology called \"Short-wave infrared optical imaging through electronic device displays\", which can use infrared light and penetration without reintroducing the physical Home button. Display imaging technology to re-add Touch ID to the iPhone.</p><p>In fact, this is not the first time that Apple has submitted patents related to fingerprint identification. Since 2017, Apple has submitted research patents related to fingerprint identification to the government every year. Apple has not given up Touch ID on hardware either. At the launch conference in September 2020, the new iPad Air did not use Face ID technology due to cost reasons, and used side fingerprints for the first time. It can be seen that Apple does have the reserve of under-screen fingerprint recognition technology.</p><p><img src=\"https://static.tigerbbs.com/fab835daadeb290b6afe739a894546cf\" tg-width=\"550\" tg-height=\"185\" referrerpolicy=\"no-referrer\"></p><p>The question is, Apple clearly has a touch-free Face ID, so why does it still use off-screen Touch ID on the iPhone?</p><p>Admittedly, Face ID is very convenient. You only need to point your face at your mobile phone to complete unlocking, online payment, etc., providing users with an insensitive interactive experience, but this does not mean that it has no shortcomings. For example, during the epidemic, everyone will wear masks when going out. In this case, the recognition efficiency of Face ID will be greatly reduced, resulting in users often manually entering 6-digit passwords to unlock.</p><p><img src=\"https://static.tigerbbs.com/974ec913f5287215259d3181c5bcf195\" tg-width=\"550\" tg-height=\"344\" referrerpolicy=\"no-referrer\"></p><p>In addition, Face ID is very particular about unlocking postures. Generally speaking, Face ID can only be unlocked successfully when there is sufficient light and when the face is in the same horizontal position as the iPhone. In some dark light environments or specific angles, such as if you put your phone on the desktop, lay your phone flat on the desktop, or lie on your side on the bed, the probability of successful Face ID unlocking will also drop a lot.</p><p>In contrast, Touch ID doesn't encounter this situation. As long as you put your finger in the designated identification area, you can complete unlocking, which not only reduces the probability of unlocking failure, but also saves the trouble of manually entering passwords. As those analysts said, judging from the current information, it is entirely possible that Apple will add Touch ID to future iPhones, and its continuous patent submissions are also telling us that Apple is not completely satisfied with Face ID.</p><p><b>This is the next iPhone</b></p><p>If Touch ID is about to return, what kind of iPhone will we usher in?</p><p>In terms of appearance design, according to foreign media 9to5Mac reports, compared with the previous generation products, the design of the next generation iPhone has not changed much. It still has the familiar front notch screen, square right-angled bezel and the Lightning interface that continues to this day. Due to the expanded battery capacity, the iPhone 13 will increase slightly in weight and thickness, and the bangs of the 13 may also shrink. It will \"flatten\" and narrow in the portrait direction, leaving the same width.</p><p><img src=\"https://static.tigerbbs.com/07607e308eddf89176315f24a4d35fc7\" tg-width=\"550\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p><p>In terms of screens, according to foreign media MacRumors, the iPhone 13 series will not come standard with high refresh screens. Only the iPhone 13 Pro and iPhone 13 Pro Max series will use a high refresh screen of 120Hz, while the screen of the traditional digital series is still 60Hz. In addition, these two high-end models may be equipped with LTPO OLED panels and support adaptive refresh rates to save power consumption.</p><p>Speaking of the screen, we have to talk about the bangs of the iPhone 13 series. Judging from the latest renderings released so far, the screen bangs of the iPhone 13 Pro have been significantly reduced. The reduction in the size of the screen bangs also helps to improve the visual experience, which means that the screen of the iPhone 13 Pro series can display more content, and the impact of the bangs on screen occlusion will also be reduced.</p><p><img src=\"https://static.tigerbbs.com/445863198c55d48a22a574f9eda54055\" tg-width=\"550\" tg-height=\"330\" referrerpolicy=\"no-referrer\"></p><p>Finally, according to previous predictions from many parties, the upgrade of the next generation iPhone will focus on the appearance and imaging system. According to the latest information released by Taiwanese media DigiTimes, all series of iPhone 13 models come standard with sensor displacement optical image stabilization function. Unfortunately, the main camera of the machine is likely to still be 12 million pixels. Only the main cameras of two Pro series will be upgraded to 6P lenses, the aperture will be further increased, and autofocus will be supported. These upgrades may be able to make up for the previous iPhone Pro series. Disadvantages in ultra-wide-angle night scene shooting.</p><p><img src=\"https://static.tigerbbs.com/6dd41612eb37ba30cd58e9d5090b0e74\" tg-width=\"960\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p><p><b>sum up</b></p><p>Judging from the current intelligence, Xiaolei believes that the chance of Touch ID returning is indeed not small. From the perspective of user needs, according to a survey by foreign media SellCell.com, the feature currently expected by the vast majority of Apple users is the return of Touch ID, accounting for as much as 21%. Other high-refresh screens, larger batteries, and smaller bangs can only come second.</p><p><img src=\"https://static.tigerbbs.com/55dd004ca467b5f82c2a76f882bb5482\" tg-width=\"550\" tg-height=\"256\" referrerpolicy=\"no-referrer\"></p><p>In terms of technology, the under-screen fingerprint technology currently on the market has become mature. According to supply chain data, with the continuous promotion of Android manufacturers, Goodix's optical fingerprint modules have achieved a leap in research and development in just a few years, the response speed has been accelerating, and the module price has become lower and lower. If the under-screen fingerprint solution is cheaper and has a better look and feel than Face ID, why should Apple not use it?</p><p>If the next generation iPhone really adds off-screen Touch ID, it means that Apple is indeed considering users. For users who hate notch screens, it is undoubtedly a good thing that Apple can return to Touch ID. With Apple's endorsement, the new iPhone can easily access the original identification system. In the future, even if you go out, you don't have to be bothered by fingerprints. You don't have to manually enter your password while lying in bed. Even payment can be done with one click. Everything is so beautiful.</p>","source":"lsy1582507589608","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>The iPhone 13 uses fingerprint recognition, and it can really kill bangs!?</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nThe iPhone 13 uses fingerprint recognition, and it can really kill bangs!?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">雷科技</strong><span class=\"h-time small\">2021-06-23 23:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Rumors of the next generation iPhone have once again stirred up waves in the whole digital circle.</p><p>According to the domestic media \"Science and Technology Innovation Board Daily\", supply chain sources say that the next generation iPhone will be released in September this year, and this product may be named iPhone 12s or iPhone 13. It is reported that unlike the iPhone 12 series, the design, screen, and camera configuration of the next generation iPhone series will all usher in a comprehensive upgrade, and it is expected to add under-screen fingerprint unlocking technology for the first time.</p><p>Coincidentally, some time ago the American media \"Tom's Guide\" also broke the news that,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>In-screen fingerprint technology is being developed for the next generation iPhone 13. This feature will serve as an auxiliary biometric function together with Face ID, completely replacing the existence of passwords.</p><p>All kinds of revelations about Apple's future models also make us more and more curious about the shape of the next generation iPhone.</p><p><b>Touch ID Coming back?</b></p><p>It doesn't seem to be anything new for Apple fans to want Touch ID.</p><p>The so-called Touch ID is actually a fingerprint identification technology of Apple. As early as 2013, Apple installed the Touch iD function on the iPhone 5s for the first time. This function captured the love of a large number of fruit powders with its advantages of sensitive recognition and high security. Subsequently, this function appeared on devices such as iPad and Mac, and was also popular with fruit powder.</p><p><img src=\"https://static.tigerbbs.com/f8f93511c6a376d4aa6f08bd368ad9f8\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p><p>Unfortunately, in 2017, Apple launched its first full-screen model, the iPhone X. In order to completely get rid of the Home button on the iPhone, Apple began to phase out Touch ID fingerprint recognition and instead use Face ID facial recognition function. So far, the iPhone series product line bid farewell to Touch iD for 3 years until the appearance of iPhone SE 2020 in 2020.</p><p>Now it seems that although Apple has said that \"we will not make a second plan\", three years after Face ID was mass-produced, Apple is indeed seriously considering the possibility of under-screen fingerprints. As early as January this year, many bloggers revealed that Apple plans to release an iPhone that supports Touch ID and Face ID dual unlocking functions in 2021, and relevant supply chain manufacturers gave a \"no comment\" reply, which made netizens It feels more like a \"real hammer in disguise\".</p><p><img src=\"https://static.tigerbbs.com/dc7fca321658916961cd3e1c87313790\" tg-width=\"550\" tg-height=\"130\" referrerpolicy=\"no-referrer\"></p><p>In terms of technology, in November 2020, Apple submitted a patent. In the patent document, Apple described that they have developed a technology called \"Short-wave infrared optical imaging through electronic device displays\", which can use infrared light and penetration without reintroducing the physical Home button. Display imaging technology to re-add Touch ID to the iPhone.</p><p>In fact, this is not the first time that Apple has submitted patents related to fingerprint identification. Since 2017, Apple has submitted research patents related to fingerprint identification to the government every year. Apple has not given up Touch ID on hardware either. At the launch conference in September 2020, the new iPad Air did not use Face ID technology due to cost reasons, and used side fingerprints for the first time. It can be seen that Apple does have the reserve of under-screen fingerprint recognition technology.</p><p><img src=\"https://static.tigerbbs.com/fab835daadeb290b6afe739a894546cf\" tg-width=\"550\" tg-height=\"185\" referrerpolicy=\"no-referrer\"></p><p>The question is, Apple clearly has a touch-free Face ID, so why does it still use off-screen Touch ID on the iPhone?</p><p>Admittedly, Face ID is very convenient. You only need to point your face at your mobile phone to complete unlocking, online payment, etc., providing users with an insensitive interactive experience, but this does not mean that it has no shortcomings. For example, during the epidemic, everyone will wear masks when going out. In this case, the recognition efficiency of Face ID will be greatly reduced, resulting in users often manually entering 6-digit passwords to unlock.</p><p><img src=\"https://static.tigerbbs.com/974ec913f5287215259d3181c5bcf195\" tg-width=\"550\" tg-height=\"344\" referrerpolicy=\"no-referrer\"></p><p>In addition, Face ID is very particular about unlocking postures. Generally speaking, Face ID can only be unlocked successfully when there is sufficient light and when the face is in the same horizontal position as the iPhone. In some dark light environments or specific angles, such as if you put your phone on the desktop, lay your phone flat on the desktop, or lie on your side on the bed, the probability of successful Face ID unlocking will also drop a lot.</p><p>In contrast, Touch ID doesn't encounter this situation. As long as you put your finger in the designated identification area, you can complete unlocking, which not only reduces the probability of unlocking failure, but also saves the trouble of manually entering passwords. As those analysts said, judging from the current information, it is entirely possible that Apple will add Touch ID to future iPhones, and its continuous patent submissions are also telling us that Apple is not completely satisfied with Face ID.</p><p><b>This is the next iPhone</b></p><p>If Touch ID is about to return, what kind of iPhone will we usher in?</p><p>In terms of appearance design, according to foreign media 9to5Mac reports, compared with the previous generation products, the design of the next generation iPhone has not changed much. It still has the familiar front notch screen, square right-angled bezel and the Lightning interface that continues to this day. Due to the expanded battery capacity, the iPhone 13 will increase slightly in weight and thickness, and the bangs of the 13 may also shrink. It will \"flatten\" and narrow in the portrait direction, leaving the same width.</p><p><img src=\"https://static.tigerbbs.com/07607e308eddf89176315f24a4d35fc7\" tg-width=\"550\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p><p>In terms of screens, according to foreign media MacRumors, the iPhone 13 series will not come standard with high refresh screens. Only the iPhone 13 Pro and iPhone 13 Pro Max series will use a high refresh screen of 120Hz, while the screen of the traditional digital series is still 60Hz. In addition, these two high-end models may be equipped with LTPO OLED panels and support adaptive refresh rates to save power consumption.</p><p>Speaking of the screen, we have to talk about the bangs of the iPhone 13 series. Judging from the latest renderings released so far, the screen bangs of the iPhone 13 Pro have been significantly reduced. The reduction in the size of the screen bangs also helps to improve the visual experience, which means that the screen of the iPhone 13 Pro series can display more content, and the impact of the bangs on screen occlusion will also be reduced.</p><p><img src=\"https://static.tigerbbs.com/445863198c55d48a22a574f9eda54055\" tg-width=\"550\" tg-height=\"330\" referrerpolicy=\"no-referrer\"></p><p>Finally, according to previous predictions from many parties, the upgrade of the next generation iPhone will focus on the appearance and imaging system. According to the latest information released by Taiwanese media DigiTimes, all series of iPhone 13 models come standard with sensor displacement optical image stabilization function. Unfortunately, the main camera of the machine is likely to still be 12 million pixels. Only the main cameras of two Pro series will be upgraded to 6P lenses, the aperture will be further increased, and autofocus will be supported. These upgrades may be able to make up for the previous iPhone Pro series. Disadvantages in ultra-wide-angle night scene shooting.</p><p><img src=\"https://static.tigerbbs.com/6dd41612eb37ba30cd58e9d5090b0e74\" tg-width=\"960\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p><p><b>sum up</b></p><p>Judging from the current intelligence, Xiaolei believes that the chance of Touch ID returning is indeed not small. From the perspective of user needs, according to a survey by foreign media SellCell.com, the feature currently expected by the vast majority of Apple users is the return of Touch ID, accounting for as much as 21%. Other high-refresh screens, larger batteries, and smaller bangs can only come second.</p><p><img src=\"https://static.tigerbbs.com/55dd004ca467b5f82c2a76f882bb5482\" tg-width=\"550\" tg-height=\"256\" referrerpolicy=\"no-referrer\"></p><p>In terms of technology, the under-screen fingerprint technology currently on the market has become mature. According to supply chain data, with the continuous promotion of Android manufacturers, Goodix's optical fingerprint modules have achieved a leap in research and development in just a few years, the response speed has been accelerating, and the module price has become lower and lower. If the under-screen fingerprint solution is cheaper and has a better look and feel than Face ID, why should Apple not use it?</p><p>If the next generation iPhone really adds off-screen Touch ID, it means that Apple is indeed considering users. For users who hate notch screens, it is undoubtedly a good thing that Apple can return to Touch ID. With Apple's endorsement, the new iPhone can easily access the original identification system. In the future, even if you go out, you don't have to be bothered by fingerprints. You don't have to manually enter your password while lying in bed. Even payment can be done with one click. Everything is so beautiful.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://finance.sina.com.cn/tech/csj/2021-06-23/doc-ikqciyzk1421263.shtml\">雷科技</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/12379a9884b4da1581b2341ae272c330","relate_stocks":{"AAPL":"苹果"},"source_url":"http://finance.sina.com.cn/tech/csj/2021-06-23/doc-ikqciyzk1421263.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152958237","content_text":"下一代iPhone的传闻，在整个数码圈再度兴起波澜。\n根据国内媒体《科创板日报》报道，供应链方面的消息称，下一代iPhone手机即将在今年9月份发布，这款产品可能会被命名为iPhone 12s或者iPhone 13。据悉，不同于iPhone 12系列，下一代iPhone系列的设计、屏幕、相机配置都将迎来全面升级，并有望首次加入屏下指纹解锁技术。\n无独有偶，前段时间美国媒体《Tom‘s Guide》也曾爆料称，苹果正在为下一代iPhone 13研发屏内指纹技术，这一功能将与Face ID一起作为辅助生物识别功能，彻底取代密码的存在。\n关于苹果未来机型的种种爆料，也让我们愈加好奇下一代iPhone的形态。\nTouch ID要回来了？\n果粉想要Touch ID，似乎并不是什么新鲜事。\n所谓Touch ID，其实就是苹果公司的一种指纹识别技术。早在2013年，苹果公司在iPhone 5s上首次实装Touch iD功能，该功能便以其识别灵敏、安全性高的优势，俘获了一大批果粉的喜爱。随后，该功能更是在iPad和Mac等设备上出现，同样饱受果粉的欢迎。\n\n遗憾的是，2017年，苹果推出了旗下首款全面屏机型iPhone X。为了让iPhone彻底摆脱Home键，苹果开始逐步淘汰Touch ID指纹识别，转而采用Face ID面部识别功能。至此，iPhone系列产品线告别Touch iD达到3年之久，直到2020年iPhone SE 2020的出现。\n现在看来，虽然苹果说过“我们不会做第二套方案”，但在Face ID量产三年后，苹果确实在认真考虑屏下指纹的可能性。早在今年一月，就有不少博主透露了苹果计划在2021年发布支持Touch ID和Face ID双解锁功能iPhone的消息，而相关供应链厂商给出“不予置评”的答复，让网友们感觉更像是“变相实锤”。\n\n技术方面，2020年11月，苹果曾经提交了一则专利。在专利文件上苹果描述称，他们研发了一项名为 “通过电子设备显示屏进行短波红外光学成像 ”的技术，该技术可以在不重新引入实体Home键的情况下，利用红外光和穿透式显示屏成像技术，将Touch ID重新添加到iPhone上。\n事实上，这并不是苹果第一次提交有关指纹识别的专利，从2017年开始，苹果每年都会向政府提交指纹识别的相关研究专利。苹果也没有在硬件上放弃Touch ID，在2020年9月的发布会上，新款iPad Air就因为成本原因没有采用Face ID技术，破天荒地使用了侧边指纹。由此可见，苹果确实有屏下指纹识别技术的储备。\n\n问题来了，苹果明明有了不用触摸的Face ID，为何还要在iPhone上使用屏下Touch ID呢？\n诚然，Face ID很方便，只需将人脸对准手机，即可完成解锁、在线支付等，给用户提供了一种无感的交互体验，但是这并不代表它没有缺点。例如疫情期间，大家出门都会佩戴口罩，在这种情况下Face ID的识别效率就会大打折扣，导致用户经常手动输入6位数密码来解锁。\n\n此外，Face ID还是非常讲究解锁姿势的。一般来说，只有在光照充足、当人脸与iPhone处于同一水平位置时，Face ID才可以解锁成功。在一些暗光环境或特定的角度下，例如你将手机放在桌面，将手机平放在桌面又或者是你侧躺在床上，Face ID解锁成功的几率也会下降不少。\n作为对比，Touch ID就不会遇到这种情况。只要将手指放在指定识别区域内，即可完成解锁，不仅减少了解锁失败的概率，还省去了手动输入密码的麻烦。正如那些分析师所言，从目前的信息来看，苹果完全有可能会在未来的iPhone中增加Touch ID，而它不断提交的专利也在告诉我们：苹果并没有对Face ID感到完全满意。\n这就是下一代iPhone\n如果Touch ID即将回归，那我们会迎来一款怎样的iPhone？\n外观设计方面，根据外媒9to5Mac报道，和前代产品相比，下一代iPhone的设计变化不大，依然是熟悉的正面刘海屏幕、方方正正的直角边框还有延续至今的Lightning接口。由于电池容量扩大，iPhone 13在重量和厚度上会略微增加，13的刘海也可能会缩小，它将会“变扁”，在纵向上收窄，宽度保持不变。\n\n屏幕方面，据外媒MacRumors报道，iPhone 13系列并不会全系标配高刷屏。只有iPhone 13 Pro、iPhone 13 Pro Max系列才会采用120Hz的高刷屏，而传统数字系列的屏幕依旧是60Hz。此外，这两款高端机型可能会配备LTPO OLED面板，支持自适应刷新率，以此达到节省功耗的效果。\n讲到屏幕，就不得不聊下iPhone 13系列的刘海。从目前爆出的最新渲染图来看，iPhone 13 Pro的屏幕刘海部分大幅缩减。屏幕刘海体积缩小，同样有助于提升视觉体验，这也就意味着iPhone 13 Pro系列的屏幕可以显示更多的内容，刘海对屏幕遮挡的影响也会随之减小。\n\n最后，按照此前多方预测的消息，下一代iPhone的升级将集中在外观和影像系统上。根据台媒DigiTimes最新发布的信息，iPhone 13全系列机型均标配传感器位移式光学图像防抖功能。遗憾的是，该机主摄很可能依然是1200万像素，只有两款Pro系列的主摄会升级为6P镜头，光圈也进一步增大，并且支持自动对焦，这些升级或许能够弥补此前iPhone Pro系列在超广角夜景拍摄上的劣势。\n\n总结\n从目前的情报来看，小雷认为Touch ID回归的机会确实不小。从用户需求的角度来看，根据外媒SellCell.com的一项调查，目前绝大多数苹果用户期待的功能是Touch ID的回归，占比高达21%。其他的高刷屏幕、更大电池、更小刘海都只能屈居其后。\n\n技术方面，目前市面上的屏下指纹技术已经趋于成熟。根据供应链数据，在安卓厂商的不断推动下，汇顶的光学指纹模组在短短几年间已经实现了研发飞跃，响应速度不断加快，模组价格变得越来越低。如果屏下指纹方案对比Face ID成本更低、观感更优秀，那苹果还有什么理由不用呢？\n如果下一代iPhone真的加入了屏下Touch ID，那么说明苹果确实有在为用户考虑。对于讨厌刘海屏的用户来说，苹果能够回归Touch ID无疑是一件好事。有着苹果的背书，新iPhone可以很轻易地接入原有的识别系统。以后，即便出门在外也不用被指纹困扰，躺在床上不必手动输入密码，就连支付也能一按搞定，一切都是那么美好。","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2867,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120821712,"gmtCreate":1624319368736,"gmtModify":1703833207695,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120821712","repostId":"2145503164","repostType":4,"isVote":1,"tweetType":1,"viewCount":2987,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164271045,"gmtCreate":1624220979487,"gmtModify":1703830735392,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164271045","repostId":"2144770254","repostType":4,"isVote":1,"tweetType":1,"viewCount":699,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164273629,"gmtCreate":1624220798261,"gmtModify":1703830735067,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164273629","repostId":"2144709321","repostType":4,"repost":{"id":"2144709321","kind":"highlight","pubTimestamp":1624167977,"share":"https://ttm.financial/m/news/2144709321?lang=en_US&edition=fundamental","pubTime":"2021-06-20 13:46","market":"us","language":"zh","title":"The market actually went like this after the resolution! Has the Fed thought of it?","url":"https://stock-news.laohu8.com/highlight/detail?id=2144709321","media":"智通财经网","summary":"德银首席外汇策略师George Saravelos认为，从收益率曲线平坦化可以看出，美联储犯了一个重大的政策错误，市场表明了对中性利率r*的极度悲观态度。","content":"<p>The market performance after the Federal Reserve's decision is extraordinary from any angle: the US Dollar Index has recorded its biggest single-day increase since the new crown epidemic swept the world in March last year, long-term U.S. bond yields have fallen to their lowest since February, and some commodity prices have fallen to a new low since March last year, but the Nasdaq index has hit a record high.</p><p>Why did the market perform so unexpectedly?<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Chief foreign exchange strategist George Saravelos said in the report that the Fed made a major policy mistake, as can be seen from the flattening of the yield curve. And this comes down to the market's extremely pessimistic view of the neutral interest rate r *, \"in other words, this is the same argument we predicted six years ago that the Fed's rate hike cycle would end in disaster.\"<img src=\"https://static.tigerbbs.com/531c16b22c4764b6f441ed19bd04fd96\" tg-width=\"500\" tg-height=\"271\" referrerpolicy=\"no-referrer\">Why is there such an unexpected trend in the market? Deutsche Bank analysts gave analysis one by one:</p><p>The dollar's surge: The performance of the dollar's surge is completely in line with the traditional view, that is, the front-end real interest rate has the greatest impact on the the US Dollar Index. Expectations for the Federal Reserve to tighten monetary policy in 2023 have been repriced, supporting the recent strength of the dollar. Even if the 10-year U.S. Treasury yield does not hit a new high, it is not surprising that the US Dollar Index has rebounded strongly.<img src=\"https://static.tigerbbs.com/55140d5c720ec904810eff37a21a9a99\" tg-width=\"500\" tg-height=\"423\" referrerpolicy=\"no-referrer\">Commodity plunge: The Fed's role in pushing up commodity prices should not be underestimated, perhaps as we can see from the current very high correlation between the US dollar and base metal prices. Deutsche Bank's previous report also showed that there was a strong correlation between the Fed's balance sheet, commodity prices and inflation expectations. The 2013 shrinking balance sheet also marked the peak of inflation expectations at that time.<img src=\"https://static.tigerbbs.com/16ddc2ef3dd4221af38423d4be2d5b54\" tg-width=\"500\" tg-height=\"404\" referrerpolicy=\"no-referrer\">A number of survey-based indicators, such as the University of Michigan Inflation Expectations Index, also show a high correlation between commodity prices and inflation expectations. The above arguments all show that the Fed's ability to influence inflation expectations through the US dollar and commodities far exceeds the imagination of ordinary people.</p><p>Finally, and most importantly, the bonds and neutral interest rate segments. As can be seen from the chart below, in the past 48 hours, the bond market has experienced obvious distortion flattening, which is unusual when the Federal Reserve has not even started its rate hike.</p><p>Repeating the Fed's rate hike cycle from 2015 to 2019, although the market's pricing of rate hike in 2023 and 2024 has risen, the yield after these two points in time has begun to decline, mainly because the market believes that the Fed can only do at most rate hike in less than two years.<img src=\"https://static.tigerbbs.com/9df9859d8bd5aaac81db8c1c1d9764e2\" tg-width=\"500\" tg-height=\"254\" referrerpolicy=\"no-referrer\">This also coincides with a noticeable decline in inflation expectations. In fact, the Fed made a hawkish shift even before breakeven inflation reached the normal range level of 2014. And now the market has taken an extremely pessimistic view on the neutral rate r *.<img src=\"https://static.tigerbbs.com/9676f27f16093d1d7ed45606d48f0913\" tg-width=\"500\" tg-height=\"248\" referrerpolicy=\"no-referrer\">In other words, if the Fed decides to act early, then market voices say that the Fed cannot go far until inflation and growth reach their speed limits, which also leads to a decline in market expectations for interest rates after the Fed's first rate hike.</p><p>Other markets outside the bond market also reflect pessimism about the neutral interest rate r *. The huge demand for yields from global investors has driven the dollar stronger and produced a faster-than-expected disinflation impact. In other words, the global downturn in neutral interest rates has pushed the US neutral rate even lower.</p><p>The low neutral interest rate is consistent with the strengthening of the stock market, especially for growth stocks that rely heavily on the medium-term discount rate. The trend of U.S. stocks in the past two days has reflected a huge relative rotation from the Russell 2000 to the Nasdaq index, but Deutsche Bank analysts warned that this is actually version 2.0 of pricing that has been stagnant for a decade from 2010 to 2019.<img src=\"https://static.tigerbbs.com/b8d22b5805d705bf59b246a7ea496732\" tg-width=\"500\" tg-height=\"270\" referrerpolicy=\"no-referrer\">While a day or two of price performance doesn't constitute a trend, the odd signals from the market should not be ignored. Deutsche Bank analysts have emphasized in the past few weeks that there are still many issues to be resolved from a V-shaped recovery to a post-COVID stable state, including the structural damage left by COVID-19 pandemic to the private sector savings rate and the new equilibrium real interest rate level. Imagine the tragic situation of the economy without fiscal stimulus measures-without trillions of dollars of new fiscal stimulus measures every year, can the United States maintain a positive GDP growth rate? And what will happen to inflation if the Fed is forced to cut interest rates before the inflation fire goes out? These are all questions that the market will have to consider in the coming months.</p><p>The biggest question currently facing the Fed is whether it is possible to repeat the mistakes of 1937, when the Fed believed that the U.S. economy had improved and began to launch a rate hike, but the result was that the U.S. economy fell back into trouble, and ultimately it was massive fiscal reflation during World War II that saved everything.</p><p>But the question is, at present, the debt and deficit of the United States have risen to the level of World War II. Without war, how can the U.S. government justify the annual fiscal stimulus measures of several trillion dollars? When prices continue to rise in 2024 and the economy falls into recession again, how will the then Federal Reserve chairman fight inflation?</p>","source":"highlight_zhitongcaijin","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>The market actually went like this after the resolution! Has the Fed thought of it?</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nThe market actually went like this after the resolution! Has the Fed thought of it?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2021-06-20 13:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The market performance after the Federal Reserve's decision is extraordinary from any angle: the US Dollar Index has recorded its biggest single-day increase since the new crown epidemic swept the world in March last year, long-term U.S. bond yields have fallen to their lowest since February, and some commodity prices have fallen to a new low since March last year, but the Nasdaq index has hit a record high.</p><p>Why did the market perform so unexpectedly?<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Chief foreign exchange strategist George Saravelos said in the report that the Fed made a major policy mistake, as can be seen from the flattening of the yield curve. And this comes down to the market's extremely pessimistic view of the neutral interest rate r *, \"in other words, this is the same argument we predicted six years ago that the Fed's rate hike cycle would end in disaster.\"<img src=\"https://static.tigerbbs.com/531c16b22c4764b6f441ed19bd04fd96\" tg-width=\"500\" tg-height=\"271\" referrerpolicy=\"no-referrer\">Why is there such an unexpected trend in the market? Deutsche Bank analysts gave analysis one by one:</p><p>The dollar's surge: The performance of the dollar's surge is completely in line with the traditional view, that is, the front-end real interest rate has the greatest impact on the the US Dollar Index. Expectations for the Federal Reserve to tighten monetary policy in 2023 have been repriced, supporting the recent strength of the dollar. Even if the 10-year U.S. Treasury yield does not hit a new high, it is not surprising that the US Dollar Index has rebounded strongly.<img src=\"https://static.tigerbbs.com/55140d5c720ec904810eff37a21a9a99\" tg-width=\"500\" tg-height=\"423\" referrerpolicy=\"no-referrer\">Commodity plunge: The Fed's role in pushing up commodity prices should not be underestimated, perhaps as we can see from the current very high correlation between the US dollar and base metal prices. Deutsche Bank's previous report also showed that there was a strong correlation between the Fed's balance sheet, commodity prices and inflation expectations. The 2013 shrinking balance sheet also marked the peak of inflation expectations at that time.<img src=\"https://static.tigerbbs.com/16ddc2ef3dd4221af38423d4be2d5b54\" tg-width=\"500\" tg-height=\"404\" referrerpolicy=\"no-referrer\">A number of survey-based indicators, such as the University of Michigan Inflation Expectations Index, also show a high correlation between commodity prices and inflation expectations. The above arguments all show that the Fed's ability to influence inflation expectations through the US dollar and commodities far exceeds the imagination of ordinary people.</p><p>Finally, and most importantly, the bonds and neutral interest rate segments. As can be seen from the chart below, in the past 48 hours, the bond market has experienced obvious distortion flattening, which is unusual when the Federal Reserve has not even started its rate hike.</p><p>Repeating the Fed's rate hike cycle from 2015 to 2019, although the market's pricing of rate hike in 2023 and 2024 has risen, the yield after these two points in time has begun to decline, mainly because the market believes that the Fed can only do at most rate hike in less than two years.<img src=\"https://static.tigerbbs.com/9df9859d8bd5aaac81db8c1c1d9764e2\" tg-width=\"500\" tg-height=\"254\" referrerpolicy=\"no-referrer\">This also coincides with a noticeable decline in inflation expectations. In fact, the Fed made a hawkish shift even before breakeven inflation reached the normal range level of 2014. And now the market has taken an extremely pessimistic view on the neutral rate r *.<img src=\"https://static.tigerbbs.com/9676f27f16093d1d7ed45606d48f0913\" tg-width=\"500\" tg-height=\"248\" referrerpolicy=\"no-referrer\">In other words, if the Fed decides to act early, then market voices say that the Fed cannot go far until inflation and growth reach their speed limits, which also leads to a decline in market expectations for interest rates after the Fed's first rate hike.</p><p>Other markets outside the bond market also reflect pessimism about the neutral interest rate r *. The huge demand for yields from global investors has driven the dollar stronger and produced a faster-than-expected disinflation impact. In other words, the global downturn in neutral interest rates has pushed the US neutral rate even lower.</p><p>The low neutral interest rate is consistent with the strengthening of the stock market, especially for growth stocks that rely heavily on the medium-term discount rate. The trend of U.S. stocks in the past two days has reflected a huge relative rotation from the Russell 2000 to the Nasdaq index, but Deutsche Bank analysts warned that this is actually version 2.0 of pricing that has been stagnant for a decade from 2010 to 2019.<img src=\"https://static.tigerbbs.com/b8d22b5805d705bf59b246a7ea496732\" tg-width=\"500\" tg-height=\"270\" referrerpolicy=\"no-referrer\">While a day or two of price performance doesn't constitute a trend, the odd signals from the market should not be ignored. Deutsche Bank analysts have emphasized in the past few weeks that there are still many issues to be resolved from a V-shaped recovery to a post-COVID stable state, including the structural damage left by COVID-19 pandemic to the private sector savings rate and the new equilibrium real interest rate level. Imagine the tragic situation of the economy without fiscal stimulus measures-without trillions of dollars of new fiscal stimulus measures every year, can the United States maintain a positive GDP growth rate? And what will happen to inflation if the Fed is forced to cut interest rates before the inflation fire goes out? These are all questions that the market will have to consider in the coming months.</p><p>The biggest question currently facing the Fed is whether it is possible to repeat the mistakes of 1937, when the Fed believed that the U.S. economy had improved and began to launch a rate hike, but the result was that the U.S. economy fell back into trouble, and ultimately it was massive fiscal reflation during World War II that saved everything.</p><p>But the question is, at present, the debt and deficit of the United States have risen to the level of World War II. Without war, how can the U.S. government justify the annual fiscal stimulus measures of several trillion dollars? When prices continue to rise in 2024 and the economy falls into recession again, how will the then Federal Reserve chairman fight inflation?</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.zhitongcaijing.com/content/detail/497227.html\">智通财经网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/85333027402a432a97137c9e6d12fcdc","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","OEX":"标普100","DDM":"2倍做多道指ETF-ProShares","SH":"做空标普500-Proshares","UDOW":"三倍做多道指30ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares","QQQ":"纳指100ETF","SPY":"标普500ETF","DJX":"1/100道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","OEF":"标普100指数ETF-iShares","SPXU":"三倍做空标普500ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","IVV":"标普500ETF-iShares","DOG":"道指ETF-ProShares做空","QID":"两倍做空纳斯达克指数ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares"},"source_url":"http://www.zhitongcaijing.com/content/detail/497227.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2144709321","content_text":"美联储决议后的市场表现，无论从什么角度来看都非比寻常：美元指数自去年3月新冠疫情席卷全球以来创下单日最大涨幅，长端美债收益率跌至2月以来最低，部分商品价格跌至去年3月以来新低，但纳斯达克指数却创下历史新高。\n市场为何出现如此出乎意料的表现?德意志银行首席外汇策略师George Saravelos在报告中表示，从收益率曲线平坦化可以看出，美联储犯了一个重大的政策错误。而这归结为市场对中性利率r*的极度悲观看法，“换句话说，这与我们六年前预测的，美联储加息周期将以灾难结束时的论点相同。”为何市场会有如此意外走势?德银分析师一一给出分析：\n美元大涨：美元大涨的表现完全符合传统观点，即对美元指数影响最大的是前端实际利率。美联储2023年收紧货币政策的预期已经被重新定价，支撑近期美元强势的表现。即便10年期美债收益率没有创下新高，美元指数强势反弹也并不让人惊讶。商品暴跌：不应低估美联储在推升商品价格方面起到的作用，或许我们从目前美元与基金属价格之前非常高的相关性中可以看出。德银此前的报告也表明，美联储资产负债表、商品价格和通胀预期之间存在强关联性，2013年缩表也标志着当时的通胀预期顶。而多项基于调查的指标，比如密歇根大学通胀预期指数也表明商品价格与通胀预期的高关联性。上述的论据都表明，美联储通过美元和商品影响通胀预期的能力远超一般人想象。\n最后，也是最重要的，债券和中性利率的部分。从下图可以看出，在过去48小时内，债券市场出现明显的扭曲平坦化，在美联储甚至还没开始加息的时候出现这种情况非比寻常。\n重演2015年至2019年美联储加息周期，尽管市场对2023年和2024年加息定价已经上升，但这两个时间点之后的收益率开始下降，主要因市场认为美联储最多能做到的也只有在不到两年时间内加息。这也与通胀预期的明显下降相吻合。事实上，美联储甚至在盈亏平衡通胀率达到2014年正常区间水平前就出现了鹰派的转变。而现在市场对中性利率r*采取了极其悲观的看法。换句话说，如果美联储决定提前行动，那么市场的声音表示，在通胀和增长达到速度极限前，美联储无法走得很远，这也导致市场对美联储第一次加息后的利率预期下降。\n债券市场之外的其他市场也反映出对中性利率r*的悲观，全球投资者对收益率的巨大需求推动美元走强，并产生比预期来得更快的去通胀(通胀放缓，disinflation)影响。换句话说，全球中性利率的低迷将美国中性利率推得更低了。\n而低中性利率与股市走强是相一致的，特别是严重依赖中期贴现利率的成长股。过去两天美股走势反映的是从罗素2000到纳斯达克指数的巨大相对轮动，但德银分析师警告，这其实是2010年到2019年长期停滞十年定价的2.0版本。虽然一两天的价格表现并不能构成趋势，但市场发出的奇怪信号不应被忽略。德银分析师在过去几周一直强调，从V型复苏到后新冠时代的稳定状态，还有许多问题有待解决，包括新冠疫情对私营部门储蓄率，以及新均衡实际利率水平留下的结构性损伤。可以想象，没有财政刺激措施之后经济的悲惨情形——没有每年数万亿美元的新财政刺激措施，美国是否能维持正的GDP增长率?而如果美联储被迫在通胀之火熄灭前就降息，通胀率会怎样?这些都是市场在未来几个月内不得不考虑的问题。\n美联储当前面临的最大问题在于是否可能重蹈1937年覆辙，当时美联储认为美国经济已经好转，并开始启动加息，但结果是美国经济重新陷入困境，最终是二战时期的大规模财政再通胀挽救了一切。\n但问题在于，目前美国的债务和赤字都已经升至二战时的水平，没有战争，美国政府还能如何证明每年几万亿美元的财政刺激措施合理?当2024年物价继续上涨，经济再度陷入衰退，时任的美联储主席要如何抗击通胀?","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SPY":0.9,"ESmain":0.9,"DJX":0.9,"SDOW":0.9,"PSQ":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,"QQQ":0.9,"QLD":0.9,"OEX":0.9,".IXIC":0.9,"UPRO":0.9,"NQmain":0.9,".DJI":0.9,"SDS":0.9,"SQQQ":0.9,"SSO":0.9,"IVV":0.9,"DOG":0.9,"DXD":0.9,"MNQmain":0.9,"DDM":0.9,"QID":0.9,"TQQQ":0.9,".SPX":0.9,"UDOW":0.9}},"isVote":1,"tweetType":1,"viewCount":780,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164147504,"gmtCreate":1624185932908,"gmtModify":1703830321514,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164147504","repostId":"1129554767","repostType":4,"repost":{"id":"1129554767","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624183832,"share":"https://ttm.financial/m/news/1129554767?lang=en_US&edition=fundamental","pubTime":"2021-06-20 18:10","market":"fut","language":"zh","title":"Preview: Powell joins hands with US core inflation data to hit","url":"https://stock-news.laohu8.com/highlight/detail?id=1129554767","media":"老虎资讯综合","summary":"周二关键词：美联储主席鲍威尔讲话周二经济数据方面，主要关注英国6月CBI工业订单差值、美国5月成屋销售年化总数、欧元区6月消费者信心指数。","content":"<p><b>Summary:</b></p><p><b>Economic data:</b>China LPR Rate, US PCE Price Index, US Jobless Claims, US Markit Manufacturing PMI Initial...<b>For new shares:</b>China's leading digital freight platform \"Manbang\" and \"the first social metaverse stock\" Soul will be listed soon;<b>In terms of events:</b>Federal Reserve Chairman Powell and a number of Federal Reserve officials delivered intensive speeches;<b>Financial report:</b>Nike, BlackBerry, JinkoSolar, Yidu Technology and many other companies will announce financial reports.<b>Monday (June 21) Keywords: China LPR interest rate</b></p><p><b>There was less economic data on Monday, mainly focusing on China's LPR interest rate data.</b></p><p>The Bloomberg Asia economist team wrote that the People's Bank of China's latest medium-term lending facility (MLF) operation rate was stable, indicating that the loan market quoted rate (LPR) will remain unchanged in June. China's latest economic activity data offers no pressing reason for the central bank to change its policy track.</p><p><b>China's one-year loan market quoted rate (the reference rate for bank-to-enterprise loans) may remain at 3.85% in June. The five-year LPR (mortgage reference rate) is likely to remain at 4.65%.</b></p><p><b>There were also relatively few risk events on Monday. During the European session, we mainly paid attention to the speeches of Bank of England officials. Among them, Vice Governor of Prudential Supervision Woods delivered a speech on climate risk scenario planning, and Fintech Director Tom Mutton delivered a speech on encrypted assets, stablecoins and digital currencies.</b></p><p>New York session,<b>FOMC permanent voting committee and New York Fed President Williams delivered a speech at the banking conference.</b>Needs attention.</p><p><b>Tuesday (June 22) Keywords: Federal Reserve Chairman Powell's speech</b><img src=\"https://static.tigerbbs.com/78c64fef53276362a340b4399b87f3b7\" tg-width=\"627\" tg-height=\"209\" referrerpolicy=\"no-referrer\">In terms of economic data on Tuesday, the main focus is on the difference of CBI industrial orders in the UK in June, the annualized total of existing home sales in the United States in May, and the consumer confidence index in the euro zone in June.</p><p>Relatively speaking, the speeches of Fed officials are more worthy of attention. Generally, one week after the Fed's decision, Fed officials will deliver speeches one after another, from which investors can get more details of officials' future monetary policy.</p><p>New York session,<b>Federal Reserve Chairman Jerome Powell will speak to Congress on the COVID-19 pandemic response and economic outlook.</b>This will be the focus of the market.</p><p>Federal Reserve Chairman Powell pointed out at the press conference after the Fed's interest rate decision on June 17 that there is still a long way to go before the economy recovers enough for the Fed to start reducing its monthly bond purchases. He also said that there was no mention of raising interest rates in the discussion. Time point. Relatively speaking, Powell's attitude is slightly more dovish than the Fed's decision. If Powell makes a more dovish speech, he needs to beware of the risk of a correction in the US dollar and a rebound in gold prices.</p><p><b>Wednesday (June 23) Keywords: European and American Markit manufacturing PMI initial value in June</b><img src=\"https://static.tigerbbs.com/a1ada5dfc03bdde86a678460e27d6a51\" tg-width=\"625\" tg-height=\"628\" referrerpolicy=\"no-referrer\"><b>The United States will release the preliminary U.S. Markit manufacturing PMI value for June</b>。<b>The market expects the Markit manufacturing PMI in the United States to fall slightly to 61.8 in June, but it is still at a historically high level and is still favorable to stock markets, commodities and risky assets.</b></p><p>Furthermore,<b>Federal Reserve Governor Bowman, Atlanta Fed President Bostic, and Boston Fed President Rosengren will deliver speeches separately, and investors also need to focus on them.</b></p><p><b>Thursday (June 24) Keywords: initial request data, Fed official speech, Soul listing, Nike/BlackBerry earnings report</b><img src=\"https://static.tigerbbs.com/a613c99edd05cba1056a8acb4759ac4f\" tg-width=\"628\" tg-height=\"471\" referrerpolicy=\"no-referrer\">In terms of data, investors need to pay attention<b>U.S. jobless claims change</b>。<b>The number of people claiming unemployment benefits may continue to show a downward trend.</b>Because after the supplemental unemployment benefits expire in many states, Americans are more willing to apply for jobs.</p><p>In terms of financial reports,<b><a href=\"https://laohu8.com/S/NKE\">Nike</a>、<a href=\"https://laohu8.com/S/BB\">Blackberry</a>、<a href=\"https://laohu8.com/S/FDX\">FedEx</a>Will announce the new quarterly earnings report.</b></p><p>In terms of new shares,<b>Social metaverse First Stock<a href=\"https://laohu8.com/S/SSR\">Soul</a>Will be listed on Nasdaq.</b></p><p>Furthermore,<b>FOMC permanent voting committee, new york Fed President Williams and St. Louis Fed President Bullard will deliver separate speeches, and investors also need to focus on them.</b></p><p><b>Friday (June 25) Keywords: U.S. May PCE data</b><img src=\"https://static.tigerbbs.com/c6539b1d406c9cd4841b089f661b184f\" tg-width=\"633\" tg-height=\"392\" referrerpolicy=\"no-referrer\">On Friday, the market will usher in one of two data that the Federal Reserve will focus on monitoring-<b>U.S. PCE price index, which is a key indicator to measure U.S. private consumption inflation.</b></p><p>May's personal income and expenditure report will show how much Americans are trying to make up for what was missing during the pandemic. While the latest retail sales report showed a decline in goods consumption last month, upcoming data could suggest that accelerated growth in the services sector made up for the loss in goods spending.</p><p>In terms of financial reports,<b><a href=\"https://laohu8.com/S/JKS\">JinkoSolar</a>、<a href=\"https://laohu8.com/S/02158\">Yidu Technology</a>Will report new quarterly earnings</b>, investors can pay attention.</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>Preview: Powell joins hands with US core inflation data to hit</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nPreview: Powell joins hands with US core inflation data to hit\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-20 18:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>Summary:</b></p><p><b>Economic data:</b>China LPR Rate, US PCE Price Index, US Jobless Claims, US Markit Manufacturing PMI Initial...<b>For new shares:</b>China's leading digital freight platform \"Manbang\" and \"the first social metaverse stock\" Soul will be listed soon;<b>In terms of events:</b>Federal Reserve Chairman Powell and a number of Federal Reserve officials delivered intensive speeches;<b>Financial report:</b>Nike, BlackBerry, JinkoSolar, Yidu Technology and many other companies will announce financial reports.<b>Monday (June 21) Keywords: China LPR interest rate</b></p><p><b>There was less economic data on Monday, mainly focusing on China's LPR interest rate data.</b></p><p>The Bloomberg Asia economist team wrote that the People's Bank of China's latest medium-term lending facility (MLF) operation rate was stable, indicating that the loan market quoted rate (LPR) will remain unchanged in June. China's latest economic activity data offers no pressing reason for the central bank to change its policy track.</p><p><b>China's one-year loan market quoted rate (the reference rate for bank-to-enterprise loans) may remain at 3.85% in June. The five-year LPR (mortgage reference rate) is likely to remain at 4.65%.</b></p><p><b>There were also relatively few risk events on Monday. During the European session, we mainly paid attention to the speeches of Bank of England officials. Among them, Vice Governor of Prudential Supervision Woods delivered a speech on climate risk scenario planning, and Fintech Director Tom Mutton delivered a speech on encrypted assets, stablecoins and digital currencies.</b></p><p>New York session,<b>FOMC permanent voting committee and New York Fed President Williams delivered a speech at the banking conference.</b>Needs attention.</p><p><b>Tuesday (June 22) Keywords: Federal Reserve Chairman Powell's speech</b><img src=\"https://static.tigerbbs.com/78c64fef53276362a340b4399b87f3b7\" tg-width=\"627\" tg-height=\"209\" referrerpolicy=\"no-referrer\">In terms of economic data on Tuesday, the main focus is on the difference of CBI industrial orders in the UK in June, the annualized total of existing home sales in the United States in May, and the consumer confidence index in the euro zone in June.</p><p>Relatively speaking, the speeches of Fed officials are more worthy of attention. Generally, one week after the Fed's decision, Fed officials will deliver speeches one after another, from which investors can get more details of officials' future monetary policy.</p><p>New York session,<b>Federal Reserve Chairman Jerome Powell will speak to Congress on the COVID-19 pandemic response and economic outlook.</b>This will be the focus of the market.</p><p>Federal Reserve Chairman Powell pointed out at the press conference after the Fed's interest rate decision on June 17 that there is still a long way to go before the economy recovers enough for the Fed to start reducing its monthly bond purchases. He also said that there was no mention of raising interest rates in the discussion. Time point. Relatively speaking, Powell's attitude is slightly more dovish than the Fed's decision. If Powell makes a more dovish speech, he needs to beware of the risk of a correction in the US dollar and a rebound in gold prices.</p><p><b>Wednesday (June 23) Keywords: European and American Markit manufacturing PMI initial value in June</b><img src=\"https://static.tigerbbs.com/a1ada5dfc03bdde86a678460e27d6a51\" tg-width=\"625\" tg-height=\"628\" referrerpolicy=\"no-referrer\"><b>The United States will release the preliminary U.S. Markit manufacturing PMI value for June</b>。<b>The market expects the Markit manufacturing PMI in the United States to fall slightly to 61.8 in June, but it is still at a historically high level and is still favorable to stock markets, commodities and risky assets.</b></p><p>Furthermore,<b>Federal Reserve Governor Bowman, Atlanta Fed President Bostic, and Boston Fed President Rosengren will deliver speeches separately, and investors also need to focus on them.</b></p><p><b>Thursday (June 24) Keywords: initial request data, Fed official speech, Soul listing, Nike/BlackBerry earnings report</b><img src=\"https://static.tigerbbs.com/a613c99edd05cba1056a8acb4759ac4f\" tg-width=\"628\" tg-height=\"471\" referrerpolicy=\"no-referrer\">In terms of data, investors need to pay attention<b>U.S. jobless claims change</b>。<b>The number of people claiming unemployment benefits may continue to show a downward trend.</b>Because after the supplemental unemployment benefits expire in many states, Americans are more willing to apply for jobs.</p><p>In terms of financial reports,<b><a href=\"https://laohu8.com/S/NKE\">Nike</a>、<a href=\"https://laohu8.com/S/BB\">Blackberry</a>、<a href=\"https://laohu8.com/S/FDX\">FedEx</a>Will announce the new quarterly earnings report.</b></p><p>In terms of new shares,<b>Social metaverse First Stock<a href=\"https://laohu8.com/S/SSR\">Soul</a>Will be listed on Nasdaq.</b></p><p>Furthermore,<b>FOMC permanent voting committee, new york Fed President Williams and St. Louis Fed President Bullard will deliver separate speeches, and investors also need to focus on them.</b></p><p><b>Friday (June 25) Keywords: U.S. May PCE data</b><img src=\"https://static.tigerbbs.com/c6539b1d406c9cd4841b089f661b184f\" tg-width=\"633\" tg-height=\"392\" referrerpolicy=\"no-referrer\">On Friday, the market will usher in one of two data that the Federal Reserve will focus on monitoring-<b>U.S. PCE price index, which is a key indicator to measure U.S. private consumption inflation.</b></p><p>May's personal income and expenditure report will show how much Americans are trying to make up for what was missing during the pandemic. While the latest retail sales report showed a decline in goods consumption last month, upcoming data could suggest that accelerated growth in the services sector made up for the loss in goods spending.</p><p>In terms of financial reports,<b><a href=\"https://laohu8.com/S/JKS\">JinkoSolar</a>、<a href=\"https://laohu8.com/S/02158\">Yidu Technology</a>Will report new quarterly earnings</b>, investors can pay attention.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/46744ceebcd5f9f6cbe09f85295d7cfe","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129554767","content_text":"摘要：\n\n经济数据方面：中国LPR利率、美国PCE物价指数、美国初请失业金人数、美国Markit制造业PMI初值...\n\n\n新股方面：中国领先的数字货运平台“满帮”、“社交元宇宙第一股”Soul即将上市；\n\n\n事件方面：美联储主席鲍威尔携手多位美联储官员密集发表讲话；\n\n\n财报方面：耐克、黑莓、晶科能源、医渡科技等多家公司将公布财报。\n\n周一（6月21日）关键词：中国LPR利率\n周一经济数据较少，主要留意中国的LPR利率数据。\n彭博亚洲经济学家团队撰文称，中国人民银行最近一次中期借贷便利(MLF)操作利率持稳，表明贷款市场报价利率(LPR)6月份将维持不变。中国最新的经济活动数据没有给央行改变政策轨道提供紧迫的理由。\n中国一年期贷款市场报价利率（银行对企业贷款参考利率）6月份可能维持在3.85%。五年期LPR（抵押贷款参考利率）可能维持在4.65%。\n周一风险事件也比较少，欧洲时段主要留意英国央行官员讲话，其中审慎监管副行长伍兹就气候风险情景规划发表讲话，金融科技总监 Tom Mutton 就加密资产、稳定币和数字货币发表讲话。\n纽约时段，FOMC永久票委、纽约联储主席威廉姆斯在银行业大会上发表讲话，需要予以关注。\n周二（6月22日）关键词：美联储主席鲍威尔讲话周二经济数据方面，主要关注英国6月CBI工业订单差值、美国5月成屋销售年化总数、欧元区6月消费者信心指数。\n相对而言，美联储官员的讲话更加值得关注，一般在美联储决议后的一周，美联储官员会陆续发表讲话，投资者可以从中获取官员们对未来货币政策的更多细节。\n纽约时段，美联储主席鲍威尔将在国会就新冠疫情应对措施和经济前景发表讲话。这将是市场关注的焦点所在。\n美联储主席鲍威尔6月17日在美联储利率决议后新闻发布会上指出，经济复原程度足以让美联储开始缩减月度购债之前，还有一段长路要走，他并称讨论中甚至没有提到升息时点。相对而言，鲍威尔的态度比美联储决议要稍微鸽派一点，如果鲍威尔发表更加鸽派的讲话，则需要提防美元回调、金价反弹的风险。\n周三（6月23日）关键词：欧美6月Markit制造业PMI初值美国将公布美国6月Markit制造业PMI初值。市场预计美国6月Markit制造业PMI将小幅回落至61.8，但仍处于历史较高水平，仍偏向利好股市、大宗商品和风险资产。\n此外，美联储理事鲍曼、亚特兰大联储主席博斯蒂克、波士顿联储主席罗森格伦将分别发表讲话，投资者也需要重点关注。\n周四（6月24日）关键词：初请数据、联储官员讲话、Soul上市、耐克/黑莓财报数据方面，投资者需要关注美国的初请失业金人数变动。申领失业救济人数或将继续呈下降趋势，因为许多州的补充失业救济福利到期后，美国人求职意愿增强。\n财报方面，耐克、黑莓、联邦快递将公布新一季财报。\n新股方面，社交元宇宙第一股Soul将登陆纳斯达克上市。\n此外，FOMC永久票委、纽约联储主席威廉姆斯和圣路易斯联储主席布拉德将分别发表讲话，投资者也需要重点关注。\n周五（6月25日）关键词：美国5月PCE数据周五，市场将迎来美联储重点监控的两个数据之一——美国PCE物价指数，这是衡量美国民间消费通胀的关键指标。\n5月份的个人收入和支出报告将显示美国人在多大程度上试图弥补大流行期间的缺失。虽然最新的零售销售报告显示上月商品消费下降，但即将发布的数据可能表明服务业的加速增长弥补了商品支出的损失。\n财报方面，晶科能源、医渡科技将公布新一季财报，投资者可作关注。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":766,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164127719,"gmtCreate":1624183443731,"gmtModify":1703830294102,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164127719","repostId":"2144709321","repostType":4,"repost":{"id":"2144709321","kind":"highlight","pubTimestamp":1624167977,"share":"https://ttm.financial/m/news/2144709321?lang=en_US&edition=fundamental","pubTime":"2021-06-20 13:46","market":"us","language":"zh","title":"The market actually went like this after the resolution! Has the Fed thought of it?","url":"https://stock-news.laohu8.com/highlight/detail?id=2144709321","media":"智通财经网","summary":"德银首席外汇策略师George Saravelos认为，从收益率曲线平坦化可以看出，美联储犯了一个重大的政策错误，市场表明了对中性利率r*的极度悲观态度。","content":"<p>The market performance after the Federal Reserve's decision is extraordinary from any angle: the US Dollar Index has recorded its biggest single-day increase since the new crown epidemic swept the world in March last year, long-term U.S. bond yields have fallen to their lowest since February, and some commodity prices have fallen to a new low since March last year, but the Nasdaq index has hit a record high.</p><p>Why did the market perform so unexpectedly?<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Chief foreign exchange strategist George Saravelos said in the report that the Fed made a major policy mistake, as can be seen from the flattening of the yield curve. And this comes down to the market's extremely pessimistic view of the neutral interest rate r *, \"in other words, this is the same argument we predicted six years ago that the Fed's rate hike cycle would end in disaster.\"<img src=\"https://static.tigerbbs.com/531c16b22c4764b6f441ed19bd04fd96\" tg-width=\"500\" tg-height=\"271\" referrerpolicy=\"no-referrer\">Why is there such an unexpected trend in the market? Deutsche Bank analysts gave analysis one by one:</p><p>The dollar's surge: The performance of the dollar's surge is completely in line with the traditional view, that is, the front-end real interest rate has the greatest impact on the the US Dollar Index. Expectations for the Federal Reserve to tighten monetary policy in 2023 have been repriced, supporting the recent strength of the dollar. Even if the 10-year U.S. Treasury yield does not hit a new high, it is not surprising that the US Dollar Index has rebounded strongly.<img src=\"https://static.tigerbbs.com/55140d5c720ec904810eff37a21a9a99\" tg-width=\"500\" tg-height=\"423\" referrerpolicy=\"no-referrer\">Commodity plunge: The Fed's role in pushing up commodity prices should not be underestimated, perhaps as we can see from the current very high correlation between the US dollar and base metal prices. Deutsche Bank's previous report also showed that there was a strong correlation between the Fed's balance sheet, commodity prices and inflation expectations. The 2013 shrinking balance sheet also marked the peak of inflation expectations at that time.<img src=\"https://static.tigerbbs.com/16ddc2ef3dd4221af38423d4be2d5b54\" tg-width=\"500\" tg-height=\"404\" referrerpolicy=\"no-referrer\">A number of survey-based indicators, such as the University of Michigan Inflation Expectations Index, also show a high correlation between commodity prices and inflation expectations. The above arguments all show that the Fed's ability to influence inflation expectations through the US dollar and commodities far exceeds the imagination of ordinary people.</p><p>Finally, and most importantly, the bonds and neutral interest rate segments. As can be seen from the chart below, in the past 48 hours, the bond market has experienced obvious distortion flattening, which is unusual when the Federal Reserve has not even started its rate hike.</p><p>Repeating the Fed's rate hike cycle from 2015 to 2019, although the market's pricing of rate hike in 2023 and 2024 has risen, the yield after these two points in time has begun to decline, mainly because the market believes that the Fed can only do at most rate hike in less than two years.<img src=\"https://static.tigerbbs.com/9df9859d8bd5aaac81db8c1c1d9764e2\" tg-width=\"500\" tg-height=\"254\" referrerpolicy=\"no-referrer\">This also coincides with a noticeable decline in inflation expectations. In fact, the Fed made a hawkish shift even before breakeven inflation reached the normal range level of 2014. And now the market has taken an extremely pessimistic view on the neutral rate r *.<img src=\"https://static.tigerbbs.com/9676f27f16093d1d7ed45606d48f0913\" tg-width=\"500\" tg-height=\"248\" referrerpolicy=\"no-referrer\">In other words, if the Fed decides to act early, then market voices say that the Fed cannot go far until inflation and growth reach their speed limits, which also leads to a decline in market expectations for interest rates after the Fed's first rate hike.</p><p>Other markets outside the bond market also reflect pessimism about the neutral interest rate r *. The huge demand for yields from global investors has driven the dollar stronger and produced a faster-than-expected disinflation impact. In other words, the global downturn in neutral interest rates has pushed the US neutral rate even lower.</p><p>The low neutral interest rate is consistent with the strengthening of the stock market, especially for growth stocks that rely heavily on the medium-term discount rate. The trend of U.S. stocks in the past two days has reflected a huge relative rotation from the Russell 2000 to the Nasdaq index, but Deutsche Bank analysts warned that this is actually version 2.0 of pricing that has been stagnant for a decade from 2010 to 2019.<img src=\"https://static.tigerbbs.com/b8d22b5805d705bf59b246a7ea496732\" tg-width=\"500\" tg-height=\"270\" referrerpolicy=\"no-referrer\">While a day or two of price performance doesn't constitute a trend, the odd signals from the market should not be ignored. Deutsche Bank analysts have emphasized in the past few weeks that there are still many issues to be resolved from a V-shaped recovery to a post-COVID stable state, including the structural damage left by COVID-19 pandemic to the private sector savings rate and the new equilibrium real interest rate level. Imagine the tragic situation of the economy without fiscal stimulus measures-without trillions of dollars of new fiscal stimulus measures every year, can the United States maintain a positive GDP growth rate? And what will happen to inflation if the Fed is forced to cut interest rates before the inflation fire goes out? These are all questions that the market will have to consider in the coming months.</p><p>The biggest question currently facing the Fed is whether it is possible to repeat the mistakes of 1937, when the Fed believed that the U.S. economy had improved and began to launch a rate hike, but the result was that the U.S. economy fell back into trouble, and ultimately it was massive fiscal reflation during World War II that saved everything.</p><p>But the question is, at present, the debt and deficit of the United States have risen to the level of World War II. Without war, how can the U.S. government justify the annual fiscal stimulus measures of several trillion dollars? When prices continue to rise in 2024 and the economy falls into recession again, how will the then Federal Reserve chairman fight inflation?</p>","source":"highlight_zhitongcaijin","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>The market actually went like this after the resolution! Has the Fed thought of it?</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nThe market actually went like this after the resolution! Has the Fed thought of it?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2021-06-20 13:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The market performance after the Federal Reserve's decision is extraordinary from any angle: the US Dollar Index has recorded its biggest single-day increase since the new crown epidemic swept the world in March last year, long-term U.S. bond yields have fallen to their lowest since February, and some commodity prices have fallen to a new low since March last year, but the Nasdaq index has hit a record high.</p><p>Why did the market perform so unexpectedly?<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Chief foreign exchange strategist George Saravelos said in the report that the Fed made a major policy mistake, as can be seen from the flattening of the yield curve. And this comes down to the market's extremely pessimistic view of the neutral interest rate r *, \"in other words, this is the same argument we predicted six years ago that the Fed's rate hike cycle would end in disaster.\"<img src=\"https://static.tigerbbs.com/531c16b22c4764b6f441ed19bd04fd96\" tg-width=\"500\" tg-height=\"271\" referrerpolicy=\"no-referrer\">Why is there such an unexpected trend in the market? Deutsche Bank analysts gave analysis one by one:</p><p>The dollar's surge: The performance of the dollar's surge is completely in line with the traditional view, that is, the front-end real interest rate has the greatest impact on the the US Dollar Index. Expectations for the Federal Reserve to tighten monetary policy in 2023 have been repriced, supporting the recent strength of the dollar. Even if the 10-year U.S. Treasury yield does not hit a new high, it is not surprising that the US Dollar Index has rebounded strongly.<img src=\"https://static.tigerbbs.com/55140d5c720ec904810eff37a21a9a99\" tg-width=\"500\" tg-height=\"423\" referrerpolicy=\"no-referrer\">Commodity plunge: The Fed's role in pushing up commodity prices should not be underestimated, perhaps as we can see from the current very high correlation between the US dollar and base metal prices. Deutsche Bank's previous report also showed that there was a strong correlation between the Fed's balance sheet, commodity prices and inflation expectations. The 2013 shrinking balance sheet also marked the peak of inflation expectations at that time.<img src=\"https://static.tigerbbs.com/16ddc2ef3dd4221af38423d4be2d5b54\" tg-width=\"500\" tg-height=\"404\" referrerpolicy=\"no-referrer\">A number of survey-based indicators, such as the University of Michigan Inflation Expectations Index, also show a high correlation between commodity prices and inflation expectations. The above arguments all show that the Fed's ability to influence inflation expectations through the US dollar and commodities far exceeds the imagination of ordinary people.</p><p>Finally, and most importantly, the bonds and neutral interest rate segments. As can be seen from the chart below, in the past 48 hours, the bond market has experienced obvious distortion flattening, which is unusual when the Federal Reserve has not even started its rate hike.</p><p>Repeating the Fed's rate hike cycle from 2015 to 2019, although the market's pricing of rate hike in 2023 and 2024 has risen, the yield after these two points in time has begun to decline, mainly because the market believes that the Fed can only do at most rate hike in less than two years.<img src=\"https://static.tigerbbs.com/9df9859d8bd5aaac81db8c1c1d9764e2\" tg-width=\"500\" tg-height=\"254\" referrerpolicy=\"no-referrer\">This also coincides with a noticeable decline in inflation expectations. In fact, the Fed made a hawkish shift even before breakeven inflation reached the normal range level of 2014. And now the market has taken an extremely pessimistic view on the neutral rate r *.<img src=\"https://static.tigerbbs.com/9676f27f16093d1d7ed45606d48f0913\" tg-width=\"500\" tg-height=\"248\" referrerpolicy=\"no-referrer\">In other words, if the Fed decides to act early, then market voices say that the Fed cannot go far until inflation and growth reach their speed limits, which also leads to a decline in market expectations for interest rates after the Fed's first rate hike.</p><p>Other markets outside the bond market also reflect pessimism about the neutral interest rate r *. The huge demand for yields from global investors has driven the dollar stronger and produced a faster-than-expected disinflation impact. In other words, the global downturn in neutral interest rates has pushed the US neutral rate even lower.</p><p>The low neutral interest rate is consistent with the strengthening of the stock market, especially for growth stocks that rely heavily on the medium-term discount rate. The trend of U.S. stocks in the past two days has reflected a huge relative rotation from the Russell 2000 to the Nasdaq index, but Deutsche Bank analysts warned that this is actually version 2.0 of pricing that has been stagnant for a decade from 2010 to 2019.<img src=\"https://static.tigerbbs.com/b8d22b5805d705bf59b246a7ea496732\" tg-width=\"500\" tg-height=\"270\" referrerpolicy=\"no-referrer\">While a day or two of price performance doesn't constitute a trend, the odd signals from the market should not be ignored. Deutsche Bank analysts have emphasized in the past few weeks that there are still many issues to be resolved from a V-shaped recovery to a post-COVID stable state, including the structural damage left by COVID-19 pandemic to the private sector savings rate and the new equilibrium real interest rate level. Imagine the tragic situation of the economy without fiscal stimulus measures-without trillions of dollars of new fiscal stimulus measures every year, can the United States maintain a positive GDP growth rate? And what will happen to inflation if the Fed is forced to cut interest rates before the inflation fire goes out? These are all questions that the market will have to consider in the coming months.</p><p>The biggest question currently facing the Fed is whether it is possible to repeat the mistakes of 1937, when the Fed believed that the U.S. economy had improved and began to launch a rate hike, but the result was that the U.S. economy fell back into trouble, and ultimately it was massive fiscal reflation during World War II that saved everything.</p><p>But the question is, at present, the debt and deficit of the United States have risen to the level of World War II. Without war, how can the U.S. government justify the annual fiscal stimulus measures of several trillion dollars? When prices continue to rise in 2024 and the economy falls into recession again, how will the then Federal Reserve chairman fight inflation?</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.zhitongcaijing.com/content/detail/497227.html\">智通财经网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/85333027402a432a97137c9e6d12fcdc","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","OEX":"标普100","DDM":"2倍做多道指ETF-ProShares","SH":"做空标普500-Proshares","UDOW":"三倍做多道指30ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares","QQQ":"纳指100ETF","SPY":"标普500ETF","DJX":"1/100道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","OEF":"标普100指数ETF-iShares","SPXU":"三倍做空标普500ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","IVV":"标普500ETF-iShares","DOG":"道指ETF-ProShares做空","QID":"两倍做空纳斯达克指数ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares"},"source_url":"http://www.zhitongcaijing.com/content/detail/497227.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2144709321","content_text":"美联储决议后的市场表现，无论从什么角度来看都非比寻常：美元指数自去年3月新冠疫情席卷全球以来创下单日最大涨幅，长端美债收益率跌至2月以来最低，部分商品价格跌至去年3月以来新低，但纳斯达克指数却创下历史新高。\n市场为何出现如此出乎意料的表现?德意志银行首席外汇策略师George Saravelos在报告中表示，从收益率曲线平坦化可以看出，美联储犯了一个重大的政策错误。而这归结为市场对中性利率r*的极度悲观看法，“换句话说，这与我们六年前预测的，美联储加息周期将以灾难结束时的论点相同。”为何市场会有如此意外走势?德银分析师一一给出分析：\n美元大涨：美元大涨的表现完全符合传统观点，即对美元指数影响最大的是前端实际利率。美联储2023年收紧货币政策的预期已经被重新定价，支撑近期美元强势的表现。即便10年期美债收益率没有创下新高，美元指数强势反弹也并不让人惊讶。商品暴跌：不应低估美联储在推升商品价格方面起到的作用，或许我们从目前美元与基金属价格之前非常高的相关性中可以看出。德银此前的报告也表明，美联储资产负债表、商品价格和通胀预期之间存在强关联性，2013年缩表也标志着当时的通胀预期顶。而多项基于调查的指标，比如密歇根大学通胀预期指数也表明商品价格与通胀预期的高关联性。上述的论据都表明，美联储通过美元和商品影响通胀预期的能力远超一般人想象。\n最后，也是最重要的，债券和中性利率的部分。从下图可以看出，在过去48小时内，债券市场出现明显的扭曲平坦化，在美联储甚至还没开始加息的时候出现这种情况非比寻常。\n重演2015年至2019年美联储加息周期，尽管市场对2023年和2024年加息定价已经上升，但这两个时间点之后的收益率开始下降，主要因市场认为美联储最多能做到的也只有在不到两年时间内加息。这也与通胀预期的明显下降相吻合。事实上，美联储甚至在盈亏平衡通胀率达到2014年正常区间水平前就出现了鹰派的转变。而现在市场对中性利率r*采取了极其悲观的看法。换句话说，如果美联储决定提前行动，那么市场的声音表示，在通胀和增长达到速度极限前，美联储无法走得很远，这也导致市场对美联储第一次加息后的利率预期下降。\n债券市场之外的其他市场也反映出对中性利率r*的悲观，全球投资者对收益率的巨大需求推动美元走强，并产生比预期来得更快的去通胀(通胀放缓，disinflation)影响。换句话说，全球中性利率的低迷将美国中性利率推得更低了。\n而低中性利率与股市走强是相一致的，特别是严重依赖中期贴现利率的成长股。过去两天美股走势反映的是从罗素2000到纳斯达克指数的巨大相对轮动，但德银分析师警告，这其实是2010年到2019年长期停滞十年定价的2.0版本。虽然一两天的价格表现并不能构成趋势，但市场发出的奇怪信号不应被忽略。德银分析师在过去几周一直强调，从V型复苏到后新冠时代的稳定状态，还有许多问题有待解决，包括新冠疫情对私营部门储蓄率，以及新均衡实际利率水平留下的结构性损伤。可以想象，没有财政刺激措施之后经济的悲惨情形——没有每年数万亿美元的新财政刺激措施，美国是否能维持正的GDP增长率?而如果美联储被迫在通胀之火熄灭前就降息，通胀率会怎样?这些都是市场在未来几个月内不得不考虑的问题。\n美联储当前面临的最大问题在于是否可能重蹈1937年覆辙，当时美联储认为美国经济已经好转，并开始启动加息，但结果是美国经济重新陷入困境，最终是二战时期的大规模财政再通胀挽救了一切。\n但问题在于，目前美国的债务和赤字都已经升至二战时的水平，没有战争，美国政府还能如何证明每年几万亿美元的财政刺激措施合理?当2024年物价继续上涨，经济再度陷入衰退，时任的美联储主席要如何抗击通胀?","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SPY":0.9,"ESmain":0.9,"DJX":0.9,"SDOW":0.9,"PSQ":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,"QQQ":0.9,"QLD":0.9,"OEX":0.9,".IXIC":0.9,"UPRO":0.9,"NQmain":0.9,".DJI":0.9,"SDS":0.9,"SQQQ":0.9,"SSO":0.9,"IVV":0.9,"DOG":0.9,"DXD":0.9,"MNQmain":0.9,"DDM":0.9,"QID":0.9,"TQQQ":0.9,".SPX":0.9,"UDOW":0.9}},"isVote":1,"tweetType":1,"viewCount":1048,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162196427,"gmtCreate":1624039014069,"gmtModify":1703827456578,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162196427","repostId":"2144572198","repostType":4,"repost":{"id":"2144572198","kind":"highlight","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1623993218,"share":"https://ttm.financial/m/news/2144572198?lang=en_US&edition=fundamental","pubTime":"2021-06-18 13:13","market":"us","language":"zh","title":"Over 2 trillion U.S. stock options decisive battle tonight's \"Four Witches Day\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2144572198","media":"Wind万得","summary":"美股今年第二个“四巫日”今晚到来，届时将有超2万亿美元美股期权到期，加上美联储暗示流动性或收紧，此次“四巫日”或许是美股的一个转折点。\n四巫日(Quadruplewitchingday)是指美国市场于","content":"<p>The second \"Four Witches Day\" of U.S. stocks this year is coming tonight, when more than $2 trillion in U.S. stock options will expire. In addition, the Federal Reserve has hinted that liquidity may tighten. This \"Four Witches Day\" may be a turning point for U.S. stocks..</p><p>Quadruplewitchingday refers to the maturity and settlement date of derivative financial products in the U.S. market on the third Friday of the quarter (March, June, September, December). Stock index futures, stock index options, stock options and single stock futures all expire for delivery on the same day. Simultaneous delivery of these four asset classes will bring violent market volatility, with long and short positions playing against each other.</p><p><b>Options expiring this Friday include: $240 billion worth of<a href=\"https://laohu8.com/S/IVV\">S&P 500 Index ETF</a>Options, $200 billion mini S&P 500 futures and $1.8 trillion S&P 500 options, are worth more than $2 trillion in total.</b></p><p><img src=\"https://static.tigerbbs.com/e084b716c88bd8163b59b6f21fa71734\" tg-width=\"500\" tg-height=\"399\" referrerpolicy=\"no-referrer\"></p><p>As U.S. stocks have been hitting new highs recently, most open interest prices in June are expected to be lower than current spot prices. As shown in the figure below, options are most densely distributed with strike prices around 3900 and 4150. This means there may be some support around these points after this Friday until they are refilled with a new gamma.</p><p><img src=\"https://static.tigerbbs.com/ac0e8bce636a6f73c6b57a18d39a180a\" tg-width=\"500\" tg-height=\"289\" referrerpolicy=\"no-referrer\"></p><p>The trading volume of the four witches is very huge in the calendar,<b>But what is more noteworthy this time is that the volatility of U.S. stocks was very low before, and hints of the Fed's liquidity turning point have already come out.</b></p><p>In the past 13 trading days, the volatility of the S&P 500 index was only 5.1%, which is the lowest volatility since 2019. However, compared with the dead market, the volatility of individual stocks is extremely high, especially retail group stocks, such as GME and AMC, etc.</p><p>Charlie McElligott of Nomura Securities pointed out,<b>It is very dangerous to coexist with extremely low market volatility and a large number of bullish gamma options expiring.</b>Because once the positions are collectively closed, the actual volatility may rebound instantly. At the same time, VIX futures are rising relative to the S&P 500 Beta, suggesting that if the market sells off, short gamma positions will pick up and the market will become more volatile.</p><p>In addition, the Federal Reserve's interest rate meeting on Thursday did not indicate an immediate tightening of liquidity, but also admitted that high inflation will not disappear in the short term, which is equivalent to walking a tightrope between doves and hawks. But on Friday, real action began to tighten liquidity.</p><p>Friday,<b>68 counterparties put $756 billion in funds to the Federal Reserve through overnight reverse repurchase facilities, setting a record high of $584 billion.</b>And the day before. The use of the Fed's overnight reverse repurchase rate is only $520.9 billion. This means that the tool's usage increased by $235.1 billion in just one day, a whopping 45% increase.</p><p>The effect of the Fed's reverse repurchase is just the opposite of that of China. Simply put, the role of my country's central bank's reverse repurchase is to release liquidity, while the Fed's reverse repurchase is to recover liquidity. Since last Wednesday, it exceeded the $500 billion mark for the first time in history, the single-day usage of the Fed's reverse repurchase facility has exceeded $500 billion for seven consecutive trading days.</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>Over 2 trillion U.S. stock options decisive battle tonight's \"Four Witches Day\"</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nOver 2 trillion U.S. stock options decisive battle tonight's \"Four Witches Day\"\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2021-06-18 13:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The second \"Four Witches Day\" of U.S. stocks this year is coming tonight, when more than $2 trillion in U.S. stock options will expire. In addition, the Federal Reserve has hinted that liquidity may tighten. This \"Four Witches Day\" may be a turning point for U.S. stocks..</p><p>Quadruplewitchingday refers to the maturity and settlement date of derivative financial products in the U.S. market on the third Friday of the quarter (March, June, September, December). Stock index futures, stock index options, stock options and single stock futures all expire for delivery on the same day. Simultaneous delivery of these four asset classes will bring violent market volatility, with long and short positions playing against each other.</p><p><b>Options expiring this Friday include: $240 billion worth of<a href=\"https://laohu8.com/S/IVV\">S&P 500 Index ETF</a>Options, $200 billion mini S&P 500 futures and $1.8 trillion S&P 500 options, are worth more than $2 trillion in total.</b></p><p><img src=\"https://static.tigerbbs.com/e084b716c88bd8163b59b6f21fa71734\" tg-width=\"500\" tg-height=\"399\" referrerpolicy=\"no-referrer\"></p><p>As U.S. stocks have been hitting new highs recently, most open interest prices in June are expected to be lower than current spot prices. As shown in the figure below, options are most densely distributed with strike prices around 3900 and 4150. This means there may be some support around these points after this Friday until they are refilled with a new gamma.</p><p><img src=\"https://static.tigerbbs.com/ac0e8bce636a6f73c6b57a18d39a180a\" tg-width=\"500\" tg-height=\"289\" referrerpolicy=\"no-referrer\"></p><p>The trading volume of the four witches is very huge in the calendar,<b>But what is more noteworthy this time is that the volatility of U.S. stocks was very low before, and hints of the Fed's liquidity turning point have already come out.</b></p><p>In the past 13 trading days, the volatility of the S&P 500 index was only 5.1%, which is the lowest volatility since 2019. However, compared with the dead market, the volatility of individual stocks is extremely high, especially retail group stocks, such as GME and AMC, etc.</p><p>Charlie McElligott of Nomura Securities pointed out,<b>It is very dangerous to coexist with extremely low market volatility and a large number of bullish gamma options expiring.</b>Because once the positions are collectively closed, the actual volatility may rebound instantly. At the same time, VIX futures are rising relative to the S&P 500 Beta, suggesting that if the market sells off, short gamma positions will pick up and the market will become more volatile.</p><p>In addition, the Federal Reserve's interest rate meeting on Thursday did not indicate an immediate tightening of liquidity, but also admitted that high inflation will not disappear in the short term, which is equivalent to walking a tightrope between doves and hawks. But on Friday, real action began to tighten liquidity.</p><p>Friday,<b>68 counterparties put $756 billion in funds to the Federal Reserve through overnight reverse repurchase facilities, setting a record high of $584 billion.</b>And the day before. The use of the Fed's overnight reverse repurchase rate is only $520.9 billion. This means that the tool's usage increased by $235.1 billion in just one day, a whopping 45% increase.</p><p>The effect of the Fed's reverse repurchase is just the opposite of that of China. Simply put, the role of my country's central bank's reverse repurchase is to release liquidity, while the Fed's reverse repurchase is to recover liquidity. Since last Wednesday, it exceeded the $500 billion mark for the first time in history, the single-day usage of the Fed's reverse repurchase facility has exceeded $500 billion for seven consecutive trading days.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/be0bdd49975f3ab5453ab8ae8b24f37e","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","VIXY":"波动率短期期货指数ETF","SH":"做空标普500-Proshares","UDOW":"三倍做多道指30ETF-ProShares","QQQ":"纳指100ETF","SDOW":"三倍做空道指30ETF-ProShares",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares","SQQQ":"纳指三倍做空ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","OEF":"标普100指数ETF-iShares","DOG":"道指ETF-ProShares做空",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","TQQQ":"纳指三倍做多ETF","SSO":"2倍做多标普500ETF-ProShares","DJX":"1/100道琼斯","QID":"两倍做空纳斯达克指数ETF-ProShares","IVV":"标普500ETF-iShares","OEX":"标普100","SVXY":"做空波动率指数短期期货ETF-ProShares","SPY":"标普500ETF","DDM":"2倍做多道指ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares","UVXY":"1.5倍做多短期期货恐慌指数ETF-Proshares"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144572198","content_text":"美股今年第二个“四巫日”今晚到来，届时将有超2万亿美元美股期权到期，加上美联储暗示流动性或收紧，此次“四巫日”或许是美股的一个转折点。\n四巫日(Quadruplewitchingday)是指美国市场于季月(三月、六月、九月、十二月)第三个星期五之衍生性金融商品到期结算日，股指期货、股指期权、股票期权以及单一股票期货，都在同一天到期交割。这四种资产类别同时交割会带来剧烈的市场波动，多头空头相互博弈。\n本周五到期的期权包括：价值2400亿美元的标普500指数ETF期权，2000亿美元的迷你标普500指数期货以及1.8万亿美元的标普500指数期权，总计价值超2万亿美元。\n\n由于近期美股一直在创新高，预计大部分6月未平仓合约价格都低于当前的现货价格。如下图所示，行权价在3900和4150附近期权分布最密集。这意味着在本周五之后，这些点周围可能会有一定的支撑，直到被新的gamma重新填充。\n\n四巫日历来成交量都非常巨大，但此次更值得注意的点是，此前美股波动率非常低，另外美联储流动性转折的暗示已经出来了。\n过去13个交易日，标普500指数波动率仅有5.1%，这是自2019年以来最低的波动率，但是与大盘死气沉沉相比，个股的波动性却极大，特别是散户抱团股，如GME和AMC等。\n野村证券的Charlie McElligott指出，极低的大盘波动率与大量看涨gamma期权到期并存非常危险，因为一旦头寸集体平仓，实际波动率可能会瞬间回升。同时，VIX指数期货相对于标普500指数Beta值不断上升，这表明，如果市场出现抛售，空头gamma仓位会回升，市场将变得更加不稳定。\n另外，周四的美联储议息会议并没有表示立即收紧流动性，但是也承认了通胀高企短期不会消失，相当于在鸽、鹰派之间走钢丝。但是周五却实实在在行动开始收紧流动性。\n周五，68家对手方通过隔夜逆回购工具将7560亿美元资金放到美联储，刷新了5840亿美元的纪录高位。而前一天。美联储的隔夜逆回购率的使用规模仅为5209亿美元。这意味着，在短短一天时间内，该工具的使用量增加了2351亿美元，增幅高达45%。\n美联储逆回购功效和中国刚刚相反，简单来说，我国央行逆回购的作用是为了释放流动性，而美联储逆回购则是为了收回流动性。自上周三用量史上首次突破5000亿美元大关以来，美联储逆回购工具的单日用量已连续七个交易日超过5000亿美元。","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"DXD":0.9,"SPXU":0.9,".SPX":0.9,"OEX":0.9,"TQQQ":0.9,"UDOW":0.9,"ESmain":0.9,"DJX":0.9,"NQmain":0.9,"SH":0.9,"UPRO":0.9,"QID":0.9,"SVXY":0.9,"UVXY":0.9,"OEF":0.9,"SQQQ":0.9,"DOG":0.9,".DJI":0.9,"SPY":0.9,"VIXY":0.9,"DDM":0.9,"SDOW":0.9,"IVV":0.9,"SSO":0.9,"PSQ":0.9,"QQQ":0.9,"VIXmain":0.9,".IXIC":0.9,"MNQmain":0.9,"QLD":0.9,"SDS":0.9}},"isVote":1,"tweetType":1,"viewCount":776,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163897663,"gmtCreate":1623866902652,"gmtModify":1703822029503,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163897663","repostId":"1182006197","repostType":4,"repost":{"id":"1182006197","kind":"news","weMediaInfo":{"introduction":"界面是中国最大的商业新闻和社交平台，只服务于独立思考的人群。","home_visible":1,"media_name":"界面新闻","id":"30","head_image":"https://static.tigerbbs.com/be3a47b8a80a6b0d62c8f48a7534c1af"},"pubTimestamp":1623850639,"share":"https://ttm.financial/m/news/1182006197?lang=en_US&edition=fundamental","pubTime":"2021-06-16 21:37","market":"us","language":"zh","title":"After completing the financing of US $315 million, how long can Uxin \"last\"?","url":"https://stock-news.laohu8.com/highlight/detail?id=1182006197","media":"界面新闻","summary":"利好消息并没能重振二级市场对优信的信心。\n\n持续亏损的二手车电商平台优信传来久违的好消息。\n6月15日，优信集团宣布其已于6月14日和蔚来资本及愉悦资本正式签署潜在总额达3.15亿美元的融资协议。与此","content":"<p><div>The good news failed to revive the confidence of the secondary market in Uxin. Long-lost good news came from Uxin, a used car e-commerce platform that continues to lose money. On June 15th, Uxin Group announced that it had formally signed a financing agreement with Nio Capital and Joy Capital with a potential total amount of USD 315 million on June 14th. At the same time, 58 Group, TPG and Huaping convertible bond holders intend to convert their convertible bonds totaling US $69 million into ordinary Class A shares of the company. At the same time, a total of more than ten important investors, including new investors and convertible bond holders, intend to make a commitment to lock up their shares for 9 months....</p><p><a href=\"None\">Web link</a></div></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>After completing the financing of US $315 million, how long can Uxin \"last\"?</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: 12.5px; color: #7E829C; margin: 0;}\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 completing the financing of US $315 million, how long can Uxin \"last\"?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/30\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/be3a47b8a80a6b0d62c8f48a7534c1af);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">界面新闻 </p>\n<p class=\"h-time smaller\">2021-06-16 21:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><div>The good news failed to revive the confidence of the secondary market in Uxin. Long-lost good news came from Uxin, a used car e-commerce platform that continues to lose money. On June 15th, Uxin Group announced that it had formally signed a financing agreement with Nio Capital and Joy Capital with a potential total amount of USD 315 million on June 14th. At the same time, 58 Group, TPG and Huaping convertible bond holders intend to convert their convertible bonds totaling US $69 million into ordinary Class A shares of the company. At the same time, a total of more than ten important investors, including new investors and convertible bond holders, intend to make a commitment to lock up their shares for 9 months....</p><p><a href=\"None\">Web link</a></div></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ce9c3c6dd8cf321a87724ae412e1ebf2","relate_stocks":{"UXIN":"优信"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182006197","content_text":"利好消息并没能重振二级市场对优信的信心。\n\n持续亏损的二手车电商平台优信传来久违的好消息。\n6月15日，优信集团宣布其已于6月14日和蔚来资本及愉悦资本正式签署潜在总额达3.15亿美元的融资协议。与此同时，58集团、TPG、华平等可转债持有人拟将其持有的合共6900万美元可转债转换为公司普通A类股份。\n同时，包含新投资人及可转债持有人在内总计十余家重要投资人拟做出承诺，将其所持有股份锁定9个月。前述交易的完成还有待部分交割条件的达成。\n虽然仅仅是“投资协议”，最终尚未完成交易，但对于低迷已久的优信而言，的确是一个难得的好消息。受此影响 ，美东时间6月15日盘前，优信股价涨幅超过20%。不过，随后该股股价急转向下，截至当天收盘，优信股价收于4.51美元/股，跌幅为12.93%。\n这意味着，上述利好消息并没能重振二级市场对优信的信心。\n这可能和优信的持续亏损有关。公开数据显示，2016-2018年三年，优信的亏损金额依次为13.9亿元、27.4亿元、15.3亿元。上市后也并未改变亏损的命运，2019年净亏损19.9亿元，2020年（截至9月30日）净亏损24.6亿元。过去五年，一共亏损101.1亿元。\n另外，2016-2019年，其经营现金流连年为负，分别为-6.61亿元、-18.34亿元、-22.81亿元、-11.94亿元；总负债高企不下，分别为19.86亿元、50.6亿元、49.78亿元、49.18亿元，资产负债率达85.7%、95.5%、66.9%、91.4%。\n受此影响，从2019年起，优信开启了断臂求生之路，以换取现金流。\n2019年7月，优信将二手车金融业务线Golden Pacer，卖给了58集团控股的汽车金融相关企业，获得1亿美元现金。去年1月，优信以3.3亿元人民币的价格，剥离旗下事故车拍卖业务“丰顺路宝”，出售给博车网。而在去年3月，又将B2B二手车拍卖业务卖给58同城获得1.05亿美元现金。\n至此，优信目前最主要甚至是唯一的核心业务，只剩下2C业务，即“全国购”业务，该业务于2018年10月中旬正式启动。这部分业务的主要营收来自于佣金收入，也就是二手车平台按价格比例向消费者收取服务费用，因此优信二手车销量的多少在一定程度上决定了营收的高低。\n2020年9月，优信集团创始人、董事长兼CEO戴琨宣布，优信将采用自建库存的新模式；2021年4月6日，优信全国首家二手车超级大卖场落户西安。至此，优信自建库存模式战略转型走向正轨。\n此前，优信宣布，其二手车超级大卖场占地超24000平方米，拥有13个仓库，承载了仓储、检测、整备、上架拍照、门店展示等功能，而且车源覆盖全国40多个城市，可以满足消费者各类选车需求。\n值得一提的是，C2C模式下的二手车交易模式链条较长，从搭建采购团队到物流、再到仓储，都需要不小的开支。此外，想要实现标准化的流程，也非易事。在这过程中，优信等二手车电商平台在黑猫投诉上的投诉率居高不下，服务质量堪忧。\n而自建仓库的方式虽从某种程度上降低了物流成本，但在标准化建立起来以前，单纯卖车并不能支撑起优信的基本盘。据其财报数据显示，截止到2020年12月31日，优信集团2C交易量为2307辆，总收入3.23亿元，去年同期为4.664亿元，同比减少30.8%。\n这样的数字对于持续亏损的优信而言无疑是捉襟见肘，也因此，优信很早就开启了撤退、裁员之路。\n去年5月，36氪曾报道，优信开启大规模裁员计划。据优信内部人士透露，1000多名线下销售团队将被裁掉，700多人的车源部门也可能阶段性被裁。去年年底，据《每日经济新闻》报道，优信将再次关闭多个货源城市，最终只留下30个左右，而包括邢台、东莞等40多个交付城市也将会关闭；同时，优信正在加快将部分业务向西安转移。\n这意味着，用抛售其他业务以全力保证“全国购”业务正常运转的期望可能要落空了，而这也是优信最后的核心业务。可预见的是，在其他业务均被出售的情况下，单纯C2C的卖车生意并不能让优信走出困境。\n即使优信能够获得潜在的3.15亿美元的意向投资，按照过去几年的亏损情况来看，这笔钱或许也仅仅只能支撑一年。之后优信该如何走出困局，现在看仍是一个问号。","news_type":1,"symbols_score_info":{"UXIN":0.9}},"isVote":1,"tweetType":1,"viewCount":887,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163895166,"gmtCreate":1623866783555,"gmtModify":1703822026059,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"Copy&nbsp;","listText":"Copy&nbsp;","text":"Copy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163895166","repostId":"1124993044","repostType":4,"repost":{"id":"1124993044","kind":"news","weMediaInfo":{"introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1623852042,"share":"https://ttm.financial/m/news/1124993044?lang=en_US&edition=fundamental","pubTime":"2021-06-16 22:00","market":"us","language":"zh","title":"Sister Wood spent 42.2 million to buy the sports lottery stock DraftKings","url":"https://stock-news.laohu8.com/highlight/detail?id=1124993044","media":"华尔街见闻","summary":"这不是木头姐第一次对该公司出手了，现在方舟基金共持有价值5.7亿美元的该公司股票，似乎木头姐对这些“有问题”的公司另眼相待，频繁买入各种被集中做空的公司股票。\n\n被誉为牛市女皇的“木头姐”Cathie","content":"<p>This is not the first time that Sister Wood has made a move against the company. Now Ark Fund holds a total of US $570 million worth of the company's shares. It seems that Sister Wood treats these \"problematic\" companies differently and frequently buys various companies. Concentrated short-selling company stocks. Cathie Wood, the \"wooden sister\" known as the queen of the bull market, is indeed unique. This time she bought the bottom of the sports lottery demon stock DraftKings.</p><p>According to news from Zerohedge, Sister Mu's ARK invest (Ark Fund) spent US $42.2 million on Tuesday to buy more than 870,000 DraftKings shares, and this company has already become the target of short-selling institutions.</p><p>This purchase does not seem to be a whim, but more like a well-prepared \"bargain hunting\". After Hindenburg released a short-selling report on Tuesday, causing the stock price to plummet by 10%, Sister Wood immediately began to increase her position and buy, and it was bought by two funds, Ark Innovation ETF and Ark Next Generation Internet, respectively, becoming the largest transaction of Ark Fund that day. In the end, the stock closed down only 4.17%.</p><p><img src=\"https://static.tigerbbs.com/edcb380b4e9a0263448a21d5ed58ca7e\" tg-width=\"640\" tg-height=\"536\" referrerpolicy=\"no-referrer\"></p><p>Wall Street News previously reported that short-selling agency Hindenburg Research released a report saying that as much as half of the revenue of DraftKings' technology subsidiary comes from the illegal gambling market. \"What investors don't know is that the merger of DraftKings and SBTech also revealed a large number of<b>Black market gambling, money laundering and organized crime</b>”。</p><p>But Sister Mumu doesn't seem to care, and this is not the first time Sister Mumu has bought this company. According to Zerohedge, Sister Mumu's Ark Fund currently holds a total of 11.3 million shares of the company's stock, with a total value of about 572.2 million US dollars.</p><p>The stock has fallen more than 30% from its March high.</p><p><img src=\"https://static.tigerbbs.com/6f4e242b4873f86094175fb5df8efd2b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>This means that this sports lottery demon stock has entered the list of continuous investment companies of Ark Fund. It seems that Sister Mumu is particularly interested in these \"problematic\" or concentrated short-selling companies. For example, after a large increase in Wirecard's position, the company quickly went bankrupt, concentrated short-selling<a href=\"https://laohu8.com/S/VUZI\">Vuzix</a>I also have positions with Workhorse Wood Sister.</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>Sister Wood spent 42.2 million to buy the sports lottery stock DraftKings</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSister Wood spent 42.2 million to buy the sports lottery stock DraftKings\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time smaller\">2021-06-16 22:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>This is not the first time that Sister Wood has made a move against the company. Now Ark Fund holds a total of US $570 million worth of the company's shares. It seems that Sister Wood treats these \"problematic\" companies differently and frequently buys various companies. Concentrated short-selling company stocks. Cathie Wood, the \"wooden sister\" known as the queen of the bull market, is indeed unique. This time she bought the bottom of the sports lottery demon stock DraftKings.</p><p>According to news from Zerohedge, Sister Mu's ARK invest (Ark Fund) spent US $42.2 million on Tuesday to buy more than 870,000 DraftKings shares, and this company has already become the target of short-selling institutions.</p><p>This purchase does not seem to be a whim, but more like a well-prepared \"bargain hunting\". After Hindenburg released a short-selling report on Tuesday, causing the stock price to plummet by 10%, Sister Wood immediately began to increase her position and buy, and it was bought by two funds, Ark Innovation ETF and Ark Next Generation Internet, respectively, becoming the largest transaction of Ark Fund that day. In the end, the stock closed down only 4.17%.</p><p><img src=\"https://static.tigerbbs.com/edcb380b4e9a0263448a21d5ed58ca7e\" tg-width=\"640\" tg-height=\"536\" referrerpolicy=\"no-referrer\"></p><p>Wall Street News previously reported that short-selling agency Hindenburg Research released a report saying that as much as half of the revenue of DraftKings' technology subsidiary comes from the illegal gambling market. \"What investors don't know is that the merger of DraftKings and SBTech also revealed a large number of<b>Black market gambling, money laundering and organized crime</b>”。</p><p>But Sister Mumu doesn't seem to care, and this is not the first time Sister Mumu has bought this company. According to Zerohedge, Sister Mumu's Ark Fund currently holds a total of 11.3 million shares of the company's stock, with a total value of about 572.2 million US dollars.</p><p>The stock has fallen more than 30% from its March high.</p><p><img src=\"https://static.tigerbbs.com/6f4e242b4873f86094175fb5df8efd2b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>This means that this sports lottery demon stock has entered the list of continuous investment companies of Ark Fund. It seems that Sister Mumu is particularly interested in these \"problematic\" or concentrated short-selling companies. For example, after a large increase in Wirecard's position, the company quickly went bankrupt, concentrated short-selling<a href=\"https://laohu8.com/S/VUZI\">Vuzix</a>I also have positions with Workhorse Wood Sister.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7f06c68f38adaefff91dc75f2a108c92","relate_stocks":{"DKNG":"DraftKings Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124993044","content_text":"这不是木头姐第一次对该公司出手了，现在方舟基金共持有价值5.7亿美元的该公司股票，似乎木头姐对这些“有问题”的公司另眼相待，频繁买入各种被集中做空的公司股票。\n\n被誉为牛市女皇的“木头姐”Cathie Wood确实别具一格，这次她又抄底了体彩妖股DraftKings。\n据Zerohedge的消息显示，木头姐旗下的ARK invest（方舟基金）本周二狂砸4220万美元大举抄底87万余股DraftKings股票，而这家公司早已成为做空机构的目标。\n这次的买入似乎也不是什么心血来潮，更像是早有准备的“逢低买入”，在Hindenburg周二发布做空报告，导致该股股价暴跌10%后，木头姐立刻开始加仓买入，并且由Ark Innovation ETF和Ark Next Generation Internet两只基金分别买入，成为当日方舟基金最大规模的交易。最终该股收盘仅跌4.17%。\n\n华尔街见闻此前报道过，做空机构Hindenburg Research发布报告称，DraftKings的科技子公司有多达半数的收入来自非法赌博市场，“投资者不知道的是，DraftKings与SBTech的合并也揭露了大量的黑市赌博、洗钱和有组织犯罪行为”。\n但木头姐似乎并不在意，并且这也不是木头姐第一次出手买这家公司了，据Zerohedge消息，当前木头姐的方舟基金共持有该公司股票1130万股，总价值约5.722亿美元。\n该股股价已从3月的高点下跌超30%。\n\n这意味着这个体彩妖股已经进入方舟基金的持续投资公司列表中了，似乎木头姐特别中意于这些“有问题”或是被集中做空的公司，例如对Wirecard大举增仓后，该公司很快就倒闭，被集中做空的Vuzix和Workhorse木头姐也有持仓。","news_type":1,"symbols_score_info":{"DKNG":0.9}},"isVote":1,"tweetType":1,"viewCount":961,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163896003,"gmtCreate":1623866666002,"gmtModify":1703822022958,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562723471400360","authorIdStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163896003","repostId":"1146756294","repostType":4,"repost":{"id":"1146756294","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623856744,"share":"https://ttm.financial/m/news/1146756294?lang=en_US&edition=fundamental","pubTime":"2021-06-16 23:19","market":"other","language":"zh","title":"Some WSB concept stocks fell, and AMC cinemas fell more than 10%","url":"https://stock-news.laohu8.com/highlight/detail?id=1146756294","media":"老虎资讯综合","summary":"6月16日，部分WSB概念股下行，AMC院线跌超10%，黑莓跌超8%，游戏驿站、ContextLogic跌超4%。","content":"<p>On June 16, some WSB concept stocks fell.<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Fell more than 10%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Fell more than 8%,<a href=\"https://laohu8.com/S/GME\">GameStop</a>、<a href=\"https://laohu8.com/S/WISH\">ContextLogic</a>Fell more than 4%.</p><p><img src=\"https://static.tigerbbs.com/dbeb078de2de6d1611ad66c88cca74b4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></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>Some WSB concept stocks fell, and AMC cinemas fell more than 10%</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSome WSB concept stocks fell, and AMC cinemas fell more than 10%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-16 23:19</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 16, some WSB concept stocks fell.<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Fell more than 10%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Fell more than 8%,<a href=\"https://laohu8.com/S/GME\">GameStop</a>、<a href=\"https://laohu8.com/S/WISH\">ContextLogic</a>Fell more than 4%.</p><p><img src=\"https://static.tigerbbs.com/dbeb078de2de6d1611ad66c88cca74b4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c7da52addfd52fb216bcf87283f43750","relate_stocks":{"GME":"游戏驿站","BB":"黑莓","AMC":"AMC院线"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146756294","content_text":"6月16日，部分WSB概念股下行，AMC院线跌超10%，黑莓跌超8%，游戏驿站、ContextLogic跌超4%。","news_type":1,"symbols_score_info":{"WISH":0.9,"GME":0.9,"AMC":0.9,"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":1166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":162196427,"gmtCreate":1624039014069,"gmtModify":1703827456578,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562723471400360","idStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162196427","repostId":"2144572198","repostType":4,"repost":{"id":"2144572198","kind":"highlight","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1623993218,"share":"https://ttm.financial/m/news/2144572198?lang=en_US&edition=fundamental","pubTime":"2021-06-18 13:13","market":"us","language":"zh","title":"Over 2 trillion U.S. stock options decisive battle tonight's \"Four Witches Day\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2144572198","media":"Wind万得","summary":"美股今年第二个“四巫日”今晚到来，届时将有超2万亿美元美股期权到期，加上美联储暗示流动性或收紧，此次“四巫日”或许是美股的一个转折点。\n四巫日(Quadruplewitchingday)是指美国市场于","content":"<p>The second \"Four Witches Day\" of U.S. stocks this year is coming tonight, when more than $2 trillion in U.S. stock options will expire. In addition, the Federal Reserve has hinted that liquidity may tighten. This \"Four Witches Day\" may be a turning point for U.S. stocks..</p><p>Quadruplewitchingday refers to the maturity and settlement date of derivative financial products in the U.S. market on the third Friday of the quarter (March, June, September, December). Stock index futures, stock index options, stock options and single stock futures all expire for delivery on the same day. Simultaneous delivery of these four asset classes will bring violent market volatility, with long and short positions playing against each other.</p><p><b>Options expiring this Friday include: $240 billion worth of<a href=\"https://laohu8.com/S/IVV\">S&P 500 Index ETF</a>Options, $200 billion mini S&P 500 futures and $1.8 trillion S&P 500 options, are worth more than $2 trillion in total.</b></p><p><img src=\"https://static.tigerbbs.com/e084b716c88bd8163b59b6f21fa71734\" tg-width=\"500\" tg-height=\"399\" referrerpolicy=\"no-referrer\"></p><p>As U.S. stocks have been hitting new highs recently, most open interest prices in June are expected to be lower than current spot prices. As shown in the figure below, options are most densely distributed with strike prices around 3900 and 4150. This means there may be some support around these points after this Friday until they are refilled with a new gamma.</p><p><img src=\"https://static.tigerbbs.com/ac0e8bce636a6f73c6b57a18d39a180a\" tg-width=\"500\" tg-height=\"289\" referrerpolicy=\"no-referrer\"></p><p>The trading volume of the four witches is very huge in the calendar,<b>But what is more noteworthy this time is that the volatility of U.S. stocks was very low before, and hints of the Fed's liquidity turning point have already come out.</b></p><p>In the past 13 trading days, the volatility of the S&P 500 index was only 5.1%, which is the lowest volatility since 2019. However, compared with the dead market, the volatility of individual stocks is extremely high, especially retail group stocks, such as GME and AMC, etc.</p><p>Charlie McElligott of Nomura Securities pointed out,<b>It is very dangerous to coexist with extremely low market volatility and a large number of bullish gamma options expiring.</b>Because once the positions are collectively closed, the actual volatility may rebound instantly. At the same time, VIX futures are rising relative to the S&P 500 Beta, suggesting that if the market sells off, short gamma positions will pick up and the market will become more volatile.</p><p>In addition, the Federal Reserve's interest rate meeting on Thursday did not indicate an immediate tightening of liquidity, but also admitted that high inflation will not disappear in the short term, which is equivalent to walking a tightrope between doves and hawks. But on Friday, real action began to tighten liquidity.</p><p>Friday,<b>68 counterparties put $756 billion in funds to the Federal Reserve through overnight reverse repurchase facilities, setting a record high of $584 billion.</b>And the day before. The use of the Fed's overnight reverse repurchase rate is only $520.9 billion. This means that the tool's usage increased by $235.1 billion in just one day, a whopping 45% increase.</p><p>The effect of the Fed's reverse repurchase is just the opposite of that of China. Simply put, the role of my country's central bank's reverse repurchase is to release liquidity, while the Fed's reverse repurchase is to recover liquidity. Since last Wednesday, it exceeded the $500 billion mark for the first time in history, the single-day usage of the Fed's reverse repurchase facility has exceeded $500 billion for seven consecutive trading days.</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>Over 2 trillion U.S. stock options decisive battle tonight's \"Four Witches Day\"</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nOver 2 trillion U.S. stock options decisive battle tonight's \"Four Witches Day\"\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2021-06-18 13:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The second \"Four Witches Day\" of U.S. stocks this year is coming tonight, when more than $2 trillion in U.S. stock options will expire. In addition, the Federal Reserve has hinted that liquidity may tighten. This \"Four Witches Day\" may be a turning point for U.S. stocks..</p><p>Quadruplewitchingday refers to the maturity and settlement date of derivative financial products in the U.S. market on the third Friday of the quarter (March, June, September, December). Stock index futures, stock index options, stock options and single stock futures all expire for delivery on the same day. Simultaneous delivery of these four asset classes will bring violent market volatility, with long and short positions playing against each other.</p><p><b>Options expiring this Friday include: $240 billion worth of<a href=\"https://laohu8.com/S/IVV\">S&P 500 Index ETF</a>Options, $200 billion mini S&P 500 futures and $1.8 trillion S&P 500 options, are worth more than $2 trillion in total.</b></p><p><img src=\"https://static.tigerbbs.com/e084b716c88bd8163b59b6f21fa71734\" tg-width=\"500\" tg-height=\"399\" referrerpolicy=\"no-referrer\"></p><p>As U.S. stocks have been hitting new highs recently, most open interest prices in June are expected to be lower than current spot prices. As shown in the figure below, options are most densely distributed with strike prices around 3900 and 4150. This means there may be some support around these points after this Friday until they are refilled with a new gamma.</p><p><img src=\"https://static.tigerbbs.com/ac0e8bce636a6f73c6b57a18d39a180a\" tg-width=\"500\" tg-height=\"289\" referrerpolicy=\"no-referrer\"></p><p>The trading volume of the four witches is very huge in the calendar,<b>But what is more noteworthy this time is that the volatility of U.S. stocks was very low before, and hints of the Fed's liquidity turning point have already come out.</b></p><p>In the past 13 trading days, the volatility of the S&P 500 index was only 5.1%, which is the lowest volatility since 2019. However, compared with the dead market, the volatility of individual stocks is extremely high, especially retail group stocks, such as GME and AMC, etc.</p><p>Charlie McElligott of Nomura Securities pointed out,<b>It is very dangerous to coexist with extremely low market volatility and a large number of bullish gamma options expiring.</b>Because once the positions are collectively closed, the actual volatility may rebound instantly. At the same time, VIX futures are rising relative to the S&P 500 Beta, suggesting that if the market sells off, short gamma positions will pick up and the market will become more volatile.</p><p>In addition, the Federal Reserve's interest rate meeting on Thursday did not indicate an immediate tightening of liquidity, but also admitted that high inflation will not disappear in the short term, which is equivalent to walking a tightrope between doves and hawks. But on Friday, real action began to tighten liquidity.</p><p>Friday,<b>68 counterparties put $756 billion in funds to the Federal Reserve through overnight reverse repurchase facilities, setting a record high of $584 billion.</b>And the day before. The use of the Fed's overnight reverse repurchase rate is only $520.9 billion. This means that the tool's usage increased by $235.1 billion in just one day, a whopping 45% increase.</p><p>The effect of the Fed's reverse repurchase is just the opposite of that of China. Simply put, the role of my country's central bank's reverse repurchase is to release liquidity, while the Fed's reverse repurchase is to recover liquidity. Since last Wednesday, it exceeded the $500 billion mark for the first time in history, the single-day usage of the Fed's reverse repurchase facility has exceeded $500 billion for seven consecutive trading days.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/be0bdd49975f3ab5453ab8ae8b24f37e","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","VIXY":"波动率短期期货指数ETF","SH":"做空标普500-Proshares","UDOW":"三倍做多道指30ETF-ProShares","QQQ":"纳指100ETF","SDOW":"三倍做空道指30ETF-ProShares",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares","SQQQ":"纳指三倍做空ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","OEF":"标普100指数ETF-iShares","DOG":"道指ETF-ProShares做空",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","TQQQ":"纳指三倍做多ETF","SSO":"2倍做多标普500ETF-ProShares","DJX":"1/100道琼斯","QID":"两倍做空纳斯达克指数ETF-ProShares","IVV":"标普500ETF-iShares","OEX":"标普100","SVXY":"做空波动率指数短期期货ETF-ProShares","SPY":"标普500ETF","DDM":"2倍做多道指ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares","UVXY":"1.5倍做多短期期货恐慌指数ETF-Proshares"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144572198","content_text":"美股今年第二个“四巫日”今晚到来，届时将有超2万亿美元美股期权到期，加上美联储暗示流动性或收紧，此次“四巫日”或许是美股的一个转折点。\n四巫日(Quadruplewitchingday)是指美国市场于季月(三月、六月、九月、十二月)第三个星期五之衍生性金融商品到期结算日，股指期货、股指期权、股票期权以及单一股票期货，都在同一天到期交割。这四种资产类别同时交割会带来剧烈的市场波动，多头空头相互博弈。\n本周五到期的期权包括：价值2400亿美元的标普500指数ETF期权，2000亿美元的迷你标普500指数期货以及1.8万亿美元的标普500指数期权，总计价值超2万亿美元。\n\n由于近期美股一直在创新高，预计大部分6月未平仓合约价格都低于当前的现货价格。如下图所示，行权价在3900和4150附近期权分布最密集。这意味着在本周五之后，这些点周围可能会有一定的支撑，直到被新的gamma重新填充。\n\n四巫日历来成交量都非常巨大，但此次更值得注意的点是，此前美股波动率非常低，另外美联储流动性转折的暗示已经出来了。\n过去13个交易日，标普500指数波动率仅有5.1%，这是自2019年以来最低的波动率，但是与大盘死气沉沉相比，个股的波动性却极大，特别是散户抱团股，如GME和AMC等。\n野村证券的Charlie McElligott指出，极低的大盘波动率与大量看涨gamma期权到期并存非常危险，因为一旦头寸集体平仓，实际波动率可能会瞬间回升。同时，VIX指数期货相对于标普500指数Beta值不断上升，这表明，如果市场出现抛售，空头gamma仓位会回升，市场将变得更加不稳定。\n另外，周四的美联储议息会议并没有表示立即收紧流动性，但是也承认了通胀高企短期不会消失，相当于在鸽、鹰派之间走钢丝。但是周五却实实在在行动开始收紧流动性。\n周五，68家对手方通过隔夜逆回购工具将7560亿美元资金放到美联储，刷新了5840亿美元的纪录高位。而前一天。美联储的隔夜逆回购率的使用规模仅为5209亿美元。这意味着，在短短一天时间内，该工具的使用量增加了2351亿美元，增幅高达45%。\n美联储逆回购功效和中国刚刚相反，简单来说，我国央行逆回购的作用是为了释放流动性，而美联储逆回购则是为了收回流动性。自上周三用量史上首次突破5000亿美元大关以来，美联储逆回购工具的单日用量已连续七个交易日超过5000亿美元。","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"DXD":0.9,"SPXU":0.9,".SPX":0.9,"OEX":0.9,"TQQQ":0.9,"UDOW":0.9,"ESmain":0.9,"DJX":0.9,"NQmain":0.9,"SH":0.9,"UPRO":0.9,"QID":0.9,"SVXY":0.9,"UVXY":0.9,"OEF":0.9,"SQQQ":0.9,"DOG":0.9,".DJI":0.9,"SPY":0.9,"VIXY":0.9,"DDM":0.9,"SDOW":0.9,"IVV":0.9,"SSO":0.9,"PSQ":0.9,"QQQ":0.9,"VIXmain":0.9,".IXIC":0.9,"MNQmain":0.9,"QLD":0.9,"SDS":0.9}},"isVote":1,"tweetType":1,"viewCount":776,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9009283252,"gmtCreate":1640690295581,"gmtModify":1676533534320,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562723471400360","idStr":"3562723471400360"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009283252","repostId":"2194877486","repostType":4,"isVote":1,"tweetType":1,"viewCount":2770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126650295,"gmtCreate":1624567935817,"gmtModify":1703840428520,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562723471400360","idStr":"3562723471400360"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126650295","repostId":"1199120523","repostType":4,"repost":{"id":"1199120523","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624541451,"share":"https://ttm.financial/m/news/1199120523?lang=en_US&edition=fundamental","pubTime":"2021-06-24 21:30","market":"us","language":"zh","title":"Opening: Nasdaq and S&P hit new highs! Tech stocks continue their strength","url":"https://stock-news.laohu8.com/highlight/detail?id=1199120523","media":"老虎资讯综合","summary":"6月24日（周四），纳斯达克综合指数开盘上涨91.1点，涨幅0.64%，报14362.8点；标普500指数开盘上涨22.36点，涨幅0.53%，报4264.20点；道琼斯指数开盘上涨182.35点，涨","content":"<p>On June 24 (Thursday), the Nasdaq Composite Index opened up 91.1 points, or 0.64%, to 14362.8 points; The S&P 500 index opened up 22.36 points, or 0.53%, to 4264.20 points; The Dow Jones index opened up 182.35 points, or 0.54%, to 34,056.59 points.</p><p><img src=\"https://static.tigerbbs.com/95f1bc6c5ee7460a3506f35d137a3a29\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/90f02b2081ef4cd205fc04be09117cd5\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Up 0.8% at the opening, XPeng Motor announced that the maximum issue price of the Hong Kong public offering is HK $180 per share or US $23.19 (equivalent to US $46.39 per ADS).</p><p><a href=\"https://laohu8.com/S/UXIN\">Youxin</a>It opened up more than 5%. At the regular press conference held by the Ministry of Commerce today, spokesman Gao Feng said that the Ministry of Commerce is working with relevant departments to promote the accelerated development of the second-hand car market by canceling the policy of restricting the relocation of second-hand cars and facilitating second-hand car transactions.</p><p><a href=\"https://laohu8.com/S/LLY\">Eli Lilly</a>It rose more than 8%, and its Alzheimer's disease treatment drug donanemab was certified as a breakthrough therapy by the U.S. Food and Drug Administration.</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>It opened up 0.51%. Microsoft shares hit a record intraday high on Wednesday, with a total market value of $2 trillion. At 23:00 Beijing time tonight, Microsoft will release a new generation of Windows system Win11. It is reported that the new generation of Windows will provide many functions designed for the \"post-epidemic world\".</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose more than 2% before the market. Previously, the Tesla Model 3 was named the most made car in the United States in 2021 by Cars.com, an American online car sales service provider.</p><p>Sub-new shares, customer experience management platform<a href=\"https://laohu8.com/S/CXM\">Sprinklr</a>It rose more than 15%, and closed up 10% on the first day of listing yesterday.</p><p><a href=\"https://laohu8.com/S/LAZR\">Luminar</a>With an increase of more than 10%, its lidar technology will become the standard equipment of Volvo's upcoming all-electric flagship car.</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>Opening: Nasdaq and S&P hit new highs! Tech stocks continue their strength</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nOpening: Nasdaq and S&P hit new highs! Tech stocks continue their strength\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-24 21:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 24 (Thursday), the Nasdaq Composite Index opened up 91.1 points, or 0.64%, to 14362.8 points; The S&P 500 index opened up 22.36 points, or 0.53%, to 4264.20 points; The Dow Jones index opened up 182.35 points, or 0.54%, to 34,056.59 points.</p><p><img src=\"https://static.tigerbbs.com/95f1bc6c5ee7460a3506f35d137a3a29\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/90f02b2081ef4cd205fc04be09117cd5\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Up 0.8% at the opening, XPeng Motor announced that the maximum issue price of the Hong Kong public offering is HK $180 per share or US $23.19 (equivalent to US $46.39 per ADS).</p><p><a href=\"https://laohu8.com/S/UXIN\">Youxin</a>It opened up more than 5%. At the regular press conference held by the Ministry of Commerce today, spokesman Gao Feng said that the Ministry of Commerce is working with relevant departments to promote the accelerated development of the second-hand car market by canceling the policy of restricting the relocation of second-hand cars and facilitating second-hand car transactions.</p><p><a href=\"https://laohu8.com/S/LLY\">Eli Lilly</a>It rose more than 8%, and its Alzheimer's disease treatment drug donanemab was certified as a breakthrough therapy by the U.S. Food and Drug Administration.</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>It opened up 0.51%. Microsoft shares hit a record intraday high on Wednesday, with a total market value of $2 trillion. At 23:00 Beijing time tonight, Microsoft will release a new generation of Windows system Win11. It is reported that the new generation of Windows will provide many functions designed for the \"post-epidemic world\".</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>It rose more than 2% before the market. Previously, the Tesla Model 3 was named the most made car in the United States in 2021 by Cars.com, an American online car sales service provider.</p><p>Sub-new shares, customer experience management platform<a href=\"https://laohu8.com/S/CXM\">Sprinklr</a>It rose more than 15%, and closed up 10% on the first day of listing yesterday.</p><p><a href=\"https://laohu8.com/S/LAZR\">Luminar</a>With an increase of more than 10%, its lidar technology will become the standard equipment of Volvo's upcoming all-electric flagship car.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199120523","content_text":"6月24日（周四），纳斯达克综合指数开盘上涨91.1点，涨幅0.64%，报14362.8点；标普500指数开盘上涨22.36点，涨幅0.53%，报4264.20点；道琼斯指数开盘上涨182.35点，涨幅0.54%，报34056.59点。\n\n\n小鹏汽车开盘涨0.8%，小鹏汽车公布：香港公开发行的最高发行价为每股180港元或23.19美元(相等于每ADS 46.39美元)。\n优信开盘涨超5%。在今天商务部举行的例行新闻发布会上，新闻发言人高峰表示，商务部正会同有关部门，围绕取消二手车限迁政策、便利二手车交易等推动二手车市场加快发展。\n礼来开涨逾8%，其阿尔茨海默病治疗药物donanemab获美国食品药品监督管理局突破性疗法认证。\n微软开盘涨0.51%。微软股价周三盘中创历史新高，总市值达两万亿美元。北京时间今晚23:00，微软将发布全新一代Windows系统Win11。据悉，新一代Windows将提供多方面为“后疫情世界”设计的功能。\n特斯拉盘前涨超2%。此前特斯拉Model 3被美国在线汽车销售服务商Cars.com评为2021年美国制造最多的汽车。\n次新股、客户体验管理平台Sprinklr涨超15%，昨日上市首日收涨10%。\nLuminar涨超10%，其激光雷达技术将成为沃尔沃即将推出的全电动旗舰车的标准配备。","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164147504,"gmtCreate":1624185932908,"gmtModify":1703830321514,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562723471400360","idStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164147504","repostId":"1129554767","repostType":4,"repost":{"id":"1129554767","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624183832,"share":"https://ttm.financial/m/news/1129554767?lang=en_US&edition=fundamental","pubTime":"2021-06-20 18:10","market":"fut","language":"zh","title":"Preview: Powell joins hands with US core inflation data to hit","url":"https://stock-news.laohu8.com/highlight/detail?id=1129554767","media":"老虎资讯综合","summary":"周二关键词：美联储主席鲍威尔讲话周二经济数据方面，主要关注英国6月CBI工业订单差值、美国5月成屋销售年化总数、欧元区6月消费者信心指数。","content":"<p><b>Summary:</b></p><p><b>Economic data:</b>China LPR Rate, US PCE Price Index, US Jobless Claims, US Markit Manufacturing PMI Initial...<b>For new shares:</b>China's leading digital freight platform \"Manbang\" and \"the first social metaverse stock\" Soul will be listed soon;<b>In terms of events:</b>Federal Reserve Chairman Powell and a number of Federal Reserve officials delivered intensive speeches;<b>Financial report:</b>Nike, BlackBerry, JinkoSolar, Yidu Technology and many other companies will announce financial reports.<b>Monday (June 21) Keywords: China LPR interest rate</b></p><p><b>There was less economic data on Monday, mainly focusing on China's LPR interest rate data.</b></p><p>The Bloomberg Asia economist team wrote that the People's Bank of China's latest medium-term lending facility (MLF) operation rate was stable, indicating that the loan market quoted rate (LPR) will remain unchanged in June. China's latest economic activity data offers no pressing reason for the central bank to change its policy track.</p><p><b>China's one-year loan market quoted rate (the reference rate for bank-to-enterprise loans) may remain at 3.85% in June. The five-year LPR (mortgage reference rate) is likely to remain at 4.65%.</b></p><p><b>There were also relatively few risk events on Monday. During the European session, we mainly paid attention to the speeches of Bank of England officials. Among them, Vice Governor of Prudential Supervision Woods delivered a speech on climate risk scenario planning, and Fintech Director Tom Mutton delivered a speech on encrypted assets, stablecoins and digital currencies.</b></p><p>New York session,<b>FOMC permanent voting committee and New York Fed President Williams delivered a speech at the banking conference.</b>Needs attention.</p><p><b>Tuesday (June 22) Keywords: Federal Reserve Chairman Powell's speech</b><img src=\"https://static.tigerbbs.com/78c64fef53276362a340b4399b87f3b7\" tg-width=\"627\" tg-height=\"209\" referrerpolicy=\"no-referrer\">In terms of economic data on Tuesday, the main focus is on the difference of CBI industrial orders in the UK in June, the annualized total of existing home sales in the United States in May, and the consumer confidence index in the euro zone in June.</p><p>Relatively speaking, the speeches of Fed officials are more worthy of attention. Generally, one week after the Fed's decision, Fed officials will deliver speeches one after another, from which investors can get more details of officials' future monetary policy.</p><p>New York session,<b>Federal Reserve Chairman Jerome Powell will speak to Congress on the COVID-19 pandemic response and economic outlook.</b>This will be the focus of the market.</p><p>Federal Reserve Chairman Powell pointed out at the press conference after the Fed's interest rate decision on June 17 that there is still a long way to go before the economy recovers enough for the Fed to start reducing its monthly bond purchases. He also said that there was no mention of raising interest rates in the discussion. Time point. Relatively speaking, Powell's attitude is slightly more dovish than the Fed's decision. If Powell makes a more dovish speech, he needs to beware of the risk of a correction in the US dollar and a rebound in gold prices.</p><p><b>Wednesday (June 23) Keywords: European and American Markit manufacturing PMI initial value in June</b><img src=\"https://static.tigerbbs.com/a1ada5dfc03bdde86a678460e27d6a51\" tg-width=\"625\" tg-height=\"628\" referrerpolicy=\"no-referrer\"><b>The United States will release the preliminary U.S. Markit manufacturing PMI value for June</b>。<b>The market expects the Markit manufacturing PMI in the United States to fall slightly to 61.8 in June, but it is still at a historically high level and is still favorable to stock markets, commodities and risky assets.</b></p><p>Furthermore,<b>Federal Reserve Governor Bowman, Atlanta Fed President Bostic, and Boston Fed President Rosengren will deliver speeches separately, and investors also need to focus on them.</b></p><p><b>Thursday (June 24) Keywords: initial request data, Fed official speech, Soul listing, Nike/BlackBerry earnings report</b><img src=\"https://static.tigerbbs.com/a613c99edd05cba1056a8acb4759ac4f\" tg-width=\"628\" tg-height=\"471\" referrerpolicy=\"no-referrer\">In terms of data, investors need to pay attention<b>U.S. jobless claims change</b>。<b>The number of people claiming unemployment benefits may continue to show a downward trend.</b>Because after the supplemental unemployment benefits expire in many states, Americans are more willing to apply for jobs.</p><p>In terms of financial reports,<b><a href=\"https://laohu8.com/S/NKE\">Nike</a>、<a href=\"https://laohu8.com/S/BB\">Blackberry</a>、<a href=\"https://laohu8.com/S/FDX\">FedEx</a>Will announce the new quarterly earnings report.</b></p><p>In terms of new shares,<b>Social metaverse First Stock<a href=\"https://laohu8.com/S/SSR\">Soul</a>Will be listed on Nasdaq.</b></p><p>Furthermore,<b>FOMC permanent voting committee, new york Fed President Williams and St. Louis Fed President Bullard will deliver separate speeches, and investors also need to focus on them.</b></p><p><b>Friday (June 25) Keywords: U.S. May PCE data</b><img src=\"https://static.tigerbbs.com/c6539b1d406c9cd4841b089f661b184f\" tg-width=\"633\" tg-height=\"392\" referrerpolicy=\"no-referrer\">On Friday, the market will usher in one of two data that the Federal Reserve will focus on monitoring-<b>U.S. PCE price index, which is a key indicator to measure U.S. private consumption inflation.</b></p><p>May's personal income and expenditure report will show how much Americans are trying to make up for what was missing during the pandemic. While the latest retail sales report showed a decline in goods consumption last month, upcoming data could suggest that accelerated growth in the services sector made up for the loss in goods spending.</p><p>In terms of financial reports,<b><a href=\"https://laohu8.com/S/JKS\">JinkoSolar</a>、<a href=\"https://laohu8.com/S/02158\">Yidu Technology</a>Will report new quarterly earnings</b>, investors can pay attention.</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>Preview: Powell joins hands with US core inflation data to hit</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nPreview: Powell joins hands with US core inflation data to hit\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-20 18:10</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>Summary:</b></p><p><b>Economic data:</b>China LPR Rate, US PCE Price Index, US Jobless Claims, US Markit Manufacturing PMI Initial...<b>For new shares:</b>China's leading digital freight platform \"Manbang\" and \"the first social metaverse stock\" Soul will be listed soon;<b>In terms of events:</b>Federal Reserve Chairman Powell and a number of Federal Reserve officials delivered intensive speeches;<b>Financial report:</b>Nike, BlackBerry, JinkoSolar, Yidu Technology and many other companies will announce financial reports.<b>Monday (June 21) Keywords: China LPR interest rate</b></p><p><b>There was less economic data on Monday, mainly focusing on China's LPR interest rate data.</b></p><p>The Bloomberg Asia economist team wrote that the People's Bank of China's latest medium-term lending facility (MLF) operation rate was stable, indicating that the loan market quoted rate (LPR) will remain unchanged in June. China's latest economic activity data offers no pressing reason for the central bank to change its policy track.</p><p><b>China's one-year loan market quoted rate (the reference rate for bank-to-enterprise loans) may remain at 3.85% in June. The five-year LPR (mortgage reference rate) is likely to remain at 4.65%.</b></p><p><b>There were also relatively few risk events on Monday. During the European session, we mainly paid attention to the speeches of Bank of England officials. Among them, Vice Governor of Prudential Supervision Woods delivered a speech on climate risk scenario planning, and Fintech Director Tom Mutton delivered a speech on encrypted assets, stablecoins and digital currencies.</b></p><p>New York session,<b>FOMC permanent voting committee and New York Fed President Williams delivered a speech at the banking conference.</b>Needs attention.</p><p><b>Tuesday (June 22) Keywords: Federal Reserve Chairman Powell's speech</b><img src=\"https://static.tigerbbs.com/78c64fef53276362a340b4399b87f3b7\" tg-width=\"627\" tg-height=\"209\" referrerpolicy=\"no-referrer\">In terms of economic data on Tuesday, the main focus is on the difference of CBI industrial orders in the UK in June, the annualized total of existing home sales in the United States in May, and the consumer confidence index in the euro zone in June.</p><p>Relatively speaking, the speeches of Fed officials are more worthy of attention. Generally, one week after the Fed's decision, Fed officials will deliver speeches one after another, from which investors can get more details of officials' future monetary policy.</p><p>New York session,<b>Federal Reserve Chairman Jerome Powell will speak to Congress on the COVID-19 pandemic response and economic outlook.</b>This will be the focus of the market.</p><p>Federal Reserve Chairman Powell pointed out at the press conference after the Fed's interest rate decision on June 17 that there is still a long way to go before the economy recovers enough for the Fed to start reducing its monthly bond purchases. He also said that there was no mention of raising interest rates in the discussion. Time point. Relatively speaking, Powell's attitude is slightly more dovish than the Fed's decision. If Powell makes a more dovish speech, he needs to beware of the risk of a correction in the US dollar and a rebound in gold prices.</p><p><b>Wednesday (June 23) Keywords: European and American Markit manufacturing PMI initial value in June</b><img src=\"https://static.tigerbbs.com/a1ada5dfc03bdde86a678460e27d6a51\" tg-width=\"625\" tg-height=\"628\" referrerpolicy=\"no-referrer\"><b>The United States will release the preliminary U.S. Markit manufacturing PMI value for June</b>。<b>The market expects the Markit manufacturing PMI in the United States to fall slightly to 61.8 in June, but it is still at a historically high level and is still favorable to stock markets, commodities and risky assets.</b></p><p>Furthermore,<b>Federal Reserve Governor Bowman, Atlanta Fed President Bostic, and Boston Fed President Rosengren will deliver speeches separately, and investors also need to focus on them.</b></p><p><b>Thursday (June 24) Keywords: initial request data, Fed official speech, Soul listing, Nike/BlackBerry earnings report</b><img src=\"https://static.tigerbbs.com/a613c99edd05cba1056a8acb4759ac4f\" tg-width=\"628\" tg-height=\"471\" referrerpolicy=\"no-referrer\">In terms of data, investors need to pay attention<b>U.S. jobless claims change</b>。<b>The number of people claiming unemployment benefits may continue to show a downward trend.</b>Because after the supplemental unemployment benefits expire in many states, Americans are more willing to apply for jobs.</p><p>In terms of financial reports,<b><a href=\"https://laohu8.com/S/NKE\">Nike</a>、<a href=\"https://laohu8.com/S/BB\">Blackberry</a>、<a href=\"https://laohu8.com/S/FDX\">FedEx</a>Will announce the new quarterly earnings report.</b></p><p>In terms of new shares,<b>Social metaverse First Stock<a href=\"https://laohu8.com/S/SSR\">Soul</a>Will be listed on Nasdaq.</b></p><p>Furthermore,<b>FOMC permanent voting committee, new york Fed President Williams and St. Louis Fed President Bullard will deliver separate speeches, and investors also need to focus on them.</b></p><p><b>Friday (June 25) Keywords: U.S. May PCE data</b><img src=\"https://static.tigerbbs.com/c6539b1d406c9cd4841b089f661b184f\" tg-width=\"633\" tg-height=\"392\" referrerpolicy=\"no-referrer\">On Friday, the market will usher in one of two data that the Federal Reserve will focus on monitoring-<b>U.S. PCE price index, which is a key indicator to measure U.S. private consumption inflation.</b></p><p>May's personal income and expenditure report will show how much Americans are trying to make up for what was missing during the pandemic. While the latest retail sales report showed a decline in goods consumption last month, upcoming data could suggest that accelerated growth in the services sector made up for the loss in goods spending.</p><p>In terms of financial reports,<b><a href=\"https://laohu8.com/S/JKS\">JinkoSolar</a>、<a href=\"https://laohu8.com/S/02158\">Yidu Technology</a>Will report new quarterly earnings</b>, investors can pay attention.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/46744ceebcd5f9f6cbe09f85295d7cfe","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129554767","content_text":"摘要：\n\n经济数据方面：中国LPR利率、美国PCE物价指数、美国初请失业金人数、美国Markit制造业PMI初值...\n\n\n新股方面：中国领先的数字货运平台“满帮”、“社交元宇宙第一股”Soul即将上市；\n\n\n事件方面：美联储主席鲍威尔携手多位美联储官员密集发表讲话；\n\n\n财报方面：耐克、黑莓、晶科能源、医渡科技等多家公司将公布财报。\n\n周一（6月21日）关键词：中国LPR利率\n周一经济数据较少，主要留意中国的LPR利率数据。\n彭博亚洲经济学家团队撰文称，中国人民银行最近一次中期借贷便利(MLF)操作利率持稳，表明贷款市场报价利率(LPR)6月份将维持不变。中国最新的经济活动数据没有给央行改变政策轨道提供紧迫的理由。\n中国一年期贷款市场报价利率（银行对企业贷款参考利率）6月份可能维持在3.85%。五年期LPR（抵押贷款参考利率）可能维持在4.65%。\n周一风险事件也比较少，欧洲时段主要留意英国央行官员讲话，其中审慎监管副行长伍兹就气候风险情景规划发表讲话，金融科技总监 Tom Mutton 就加密资产、稳定币和数字货币发表讲话。\n纽约时段，FOMC永久票委、纽约联储主席威廉姆斯在银行业大会上发表讲话，需要予以关注。\n周二（6月22日）关键词：美联储主席鲍威尔讲话周二经济数据方面，主要关注英国6月CBI工业订单差值、美国5月成屋销售年化总数、欧元区6月消费者信心指数。\n相对而言，美联储官员的讲话更加值得关注，一般在美联储决议后的一周，美联储官员会陆续发表讲话，投资者可以从中获取官员们对未来货币政策的更多细节。\n纽约时段，美联储主席鲍威尔将在国会就新冠疫情应对措施和经济前景发表讲话。这将是市场关注的焦点所在。\n美联储主席鲍威尔6月17日在美联储利率决议后新闻发布会上指出，经济复原程度足以让美联储开始缩减月度购债之前，还有一段长路要走，他并称讨论中甚至没有提到升息时点。相对而言，鲍威尔的态度比美联储决议要稍微鸽派一点，如果鲍威尔发表更加鸽派的讲话，则需要提防美元回调、金价反弹的风险。\n周三（6月23日）关键词：欧美6月Markit制造业PMI初值美国将公布美国6月Markit制造业PMI初值。市场预计美国6月Markit制造业PMI将小幅回落至61.8，但仍处于历史较高水平，仍偏向利好股市、大宗商品和风险资产。\n此外，美联储理事鲍曼、亚特兰大联储主席博斯蒂克、波士顿联储主席罗森格伦将分别发表讲话，投资者也需要重点关注。\n周四（6月24日）关键词：初请数据、联储官员讲话、Soul上市、耐克/黑莓财报数据方面，投资者需要关注美国的初请失业金人数变动。申领失业救济人数或将继续呈下降趋势，因为许多州的补充失业救济福利到期后，美国人求职意愿增强。\n财报方面，耐克、黑莓、联邦快递将公布新一季财报。\n新股方面，社交元宇宙第一股Soul将登陆纳斯达克上市。\n此外，FOMC永久票委、纽约联储主席威廉姆斯和圣路易斯联储主席布拉德将分别发表讲话，投资者也需要重点关注。\n周五（6月25日）关键词：美国5月PCE数据周五，市场将迎来美联储重点监控的两个数据之一——美国PCE物价指数，这是衡量美国民间消费通胀的关键指标。\n5月份的个人收入和支出报告将显示美国人在多大程度上试图弥补大流行期间的缺失。虽然最新的零售销售报告显示上月商品消费下降，但即将发布的数据可能表明服务业的加速增长弥补了商品支出的损失。\n财报方面，晶科能源、医渡科技将公布新一季财报，投资者可作关注。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":766,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950688889,"gmtCreate":1672748037742,"gmtModify":1676538729678,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562723471400360","idStr":"3562723471400360"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$老虎证券(TIGR)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TIGR\">$老虎证券(TIGR)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$老虎证券(TIGR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950688889","isVote":1,"tweetType":1,"viewCount":2697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121515331,"gmtCreate":1624474767523,"gmtModify":1703837833613,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562723471400360","idStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121515331","repostId":"1152958237","repostType":4,"repost":{"id":"1152958237","kind":"news","pubTimestamp":1624460851,"share":"https://ttm.financial/m/news/1152958237?lang=en_US&edition=fundamental","pubTime":"2021-06-23 23:07","market":"us","language":"zh","title":"The iPhone 13 uses fingerprint recognition, and it can really kill bangs!?","url":"https://stock-news.laohu8.com/highlight/detail?id=1152958237","media":"雷科技","summary":"下一代iPhone的传闻，在整个数码圈再度兴起波澜。","content":"<p>Rumors of the next generation iPhone have once again stirred up waves in the whole digital circle.</p><p>According to the domestic media \"Science and Technology Innovation Board Daily\", supply chain sources say that the next generation iPhone will be released in September this year, and this product may be named iPhone 12s or iPhone 13. It is reported that unlike the iPhone 12 series, the design, screen, and camera configuration of the next generation iPhone series will all usher in a comprehensive upgrade, and it is expected to add under-screen fingerprint unlocking technology for the first time.</p><p>Coincidentally, some time ago the American media \"Tom's Guide\" also broke the news that,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>In-screen fingerprint technology is being developed for the next generation iPhone 13. This feature will serve as an auxiliary biometric function together with Face ID, completely replacing the existence of passwords.</p><p>All kinds of revelations about Apple's future models also make us more and more curious about the shape of the next generation iPhone.</p><p><b>Touch ID Coming back?</b></p><p>It doesn't seem to be anything new for Apple fans to want Touch ID.</p><p>The so-called Touch ID is actually a fingerprint identification technology of Apple. As early as 2013, Apple installed the Touch iD function on the iPhone 5s for the first time. This function captured the love of a large number of fruit powders with its advantages of sensitive recognition and high security. Subsequently, this function appeared on devices such as iPad and Mac, and was also popular with fruit powder.</p><p><img src=\"https://static.tigerbbs.com/f8f93511c6a376d4aa6f08bd368ad9f8\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p><p>Unfortunately, in 2017, Apple launched its first full-screen model, the iPhone X. In order to completely get rid of the Home button on the iPhone, Apple began to phase out Touch ID fingerprint recognition and instead use Face ID facial recognition function. So far, the iPhone series product line bid farewell to Touch iD for 3 years until the appearance of iPhone SE 2020 in 2020.</p><p>Now it seems that although Apple has said that \"we will not make a second plan\", three years after Face ID was mass-produced, Apple is indeed seriously considering the possibility of under-screen fingerprints. As early as January this year, many bloggers revealed that Apple plans to release an iPhone that supports Touch ID and Face ID dual unlocking functions in 2021, and relevant supply chain manufacturers gave a \"no comment\" reply, which made netizens It feels more like a \"real hammer in disguise\".</p><p><img src=\"https://static.tigerbbs.com/dc7fca321658916961cd3e1c87313790\" tg-width=\"550\" tg-height=\"130\" referrerpolicy=\"no-referrer\"></p><p>In terms of technology, in November 2020, Apple submitted a patent. In the patent document, Apple described that they have developed a technology called \"Short-wave infrared optical imaging through electronic device displays\", which can use infrared light and penetration without reintroducing the physical Home button. Display imaging technology to re-add Touch ID to the iPhone.</p><p>In fact, this is not the first time that Apple has submitted patents related to fingerprint identification. Since 2017, Apple has submitted research patents related to fingerprint identification to the government every year. Apple has not given up Touch ID on hardware either. At the launch conference in September 2020, the new iPad Air did not use Face ID technology due to cost reasons, and used side fingerprints for the first time. It can be seen that Apple does have the reserve of under-screen fingerprint recognition technology.</p><p><img src=\"https://static.tigerbbs.com/fab835daadeb290b6afe739a894546cf\" tg-width=\"550\" tg-height=\"185\" referrerpolicy=\"no-referrer\"></p><p>The question is, Apple clearly has a touch-free Face ID, so why does it still use off-screen Touch ID on the iPhone?</p><p>Admittedly, Face ID is very convenient. You only need to point your face at your mobile phone to complete unlocking, online payment, etc., providing users with an insensitive interactive experience, but this does not mean that it has no shortcomings. For example, during the epidemic, everyone will wear masks when going out. In this case, the recognition efficiency of Face ID will be greatly reduced, resulting in users often manually entering 6-digit passwords to unlock.</p><p><img src=\"https://static.tigerbbs.com/974ec913f5287215259d3181c5bcf195\" tg-width=\"550\" tg-height=\"344\" referrerpolicy=\"no-referrer\"></p><p>In addition, Face ID is very particular about unlocking postures. Generally speaking, Face ID can only be unlocked successfully when there is sufficient light and when the face is in the same horizontal position as the iPhone. In some dark light environments or specific angles, such as if you put your phone on the desktop, lay your phone flat on the desktop, or lie on your side on the bed, the probability of successful Face ID unlocking will also drop a lot.</p><p>In contrast, Touch ID doesn't encounter this situation. As long as you put your finger in the designated identification area, you can complete unlocking, which not only reduces the probability of unlocking failure, but also saves the trouble of manually entering passwords. As those analysts said, judging from the current information, it is entirely possible that Apple will add Touch ID to future iPhones, and its continuous patent submissions are also telling us that Apple is not completely satisfied with Face ID.</p><p><b>This is the next iPhone</b></p><p>If Touch ID is about to return, what kind of iPhone will we usher in?</p><p>In terms of appearance design, according to foreign media 9to5Mac reports, compared with the previous generation products, the design of the next generation iPhone has not changed much. It still has the familiar front notch screen, square right-angled bezel and the Lightning interface that continues to this day. Due to the expanded battery capacity, the iPhone 13 will increase slightly in weight and thickness, and the bangs of the 13 may also shrink. It will \"flatten\" and narrow in the portrait direction, leaving the same width.</p><p><img src=\"https://static.tigerbbs.com/07607e308eddf89176315f24a4d35fc7\" tg-width=\"550\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p><p>In terms of screens, according to foreign media MacRumors, the iPhone 13 series will not come standard with high refresh screens. Only the iPhone 13 Pro and iPhone 13 Pro Max series will use a high refresh screen of 120Hz, while the screen of the traditional digital series is still 60Hz. In addition, these two high-end models may be equipped with LTPO OLED panels and support adaptive refresh rates to save power consumption.</p><p>Speaking of the screen, we have to talk about the bangs of the iPhone 13 series. Judging from the latest renderings released so far, the screen bangs of the iPhone 13 Pro have been significantly reduced. The reduction in the size of the screen bangs also helps to improve the visual experience, which means that the screen of the iPhone 13 Pro series can display more content, and the impact of the bangs on screen occlusion will also be reduced.</p><p><img src=\"https://static.tigerbbs.com/445863198c55d48a22a574f9eda54055\" tg-width=\"550\" tg-height=\"330\" referrerpolicy=\"no-referrer\"></p><p>Finally, according to previous predictions from many parties, the upgrade of the next generation iPhone will focus on the appearance and imaging system. According to the latest information released by Taiwanese media DigiTimes, all series of iPhone 13 models come standard with sensor displacement optical image stabilization function. Unfortunately, the main camera of the machine is likely to still be 12 million pixels. Only the main cameras of two Pro series will be upgraded to 6P lenses, the aperture will be further increased, and autofocus will be supported. These upgrades may be able to make up for the previous iPhone Pro series. Disadvantages in ultra-wide-angle night scene shooting.</p><p><img src=\"https://static.tigerbbs.com/6dd41612eb37ba30cd58e9d5090b0e74\" tg-width=\"960\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p><p><b>sum up</b></p><p>Judging from the current intelligence, Xiaolei believes that the chance of Touch ID returning is indeed not small. From the perspective of user needs, according to a survey by foreign media SellCell.com, the feature currently expected by the vast majority of Apple users is the return of Touch ID, accounting for as much as 21%. Other high-refresh screens, larger batteries, and smaller bangs can only come second.</p><p><img src=\"https://static.tigerbbs.com/55dd004ca467b5f82c2a76f882bb5482\" tg-width=\"550\" tg-height=\"256\" referrerpolicy=\"no-referrer\"></p><p>In terms of technology, the under-screen fingerprint technology currently on the market has become mature. According to supply chain data, with the continuous promotion of Android manufacturers, Goodix's optical fingerprint modules have achieved a leap in research and development in just a few years, the response speed has been accelerating, and the module price has become lower and lower. If the under-screen fingerprint solution is cheaper and has a better look and feel than Face ID, why should Apple not use it?</p><p>If the next generation iPhone really adds off-screen Touch ID, it means that Apple is indeed considering users. For users who hate notch screens, it is undoubtedly a good thing that Apple can return to Touch ID. With Apple's endorsement, the new iPhone can easily access the original identification system. In the future, even if you go out, you don't have to be bothered by fingerprints. You don't have to manually enter your password while lying in bed. Even payment can be done with one click. Everything is so beautiful.</p>","source":"lsy1582507589608","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>The iPhone 13 uses fingerprint recognition, and it can really kill bangs!?</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nThe iPhone 13 uses fingerprint recognition, and it can really kill bangs!?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">雷科技</strong><span class=\"h-time small\">2021-06-23 23:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Rumors of the next generation iPhone have once again stirred up waves in the whole digital circle.</p><p>According to the domestic media \"Science and Technology Innovation Board Daily\", supply chain sources say that the next generation iPhone will be released in September this year, and this product may be named iPhone 12s or iPhone 13. It is reported that unlike the iPhone 12 series, the design, screen, and camera configuration of the next generation iPhone series will all usher in a comprehensive upgrade, and it is expected to add under-screen fingerprint unlocking technology for the first time.</p><p>Coincidentally, some time ago the American media \"Tom's Guide\" also broke the news that,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>In-screen fingerprint technology is being developed for the next generation iPhone 13. This feature will serve as an auxiliary biometric function together with Face ID, completely replacing the existence of passwords.</p><p>All kinds of revelations about Apple's future models also make us more and more curious about the shape of the next generation iPhone.</p><p><b>Touch ID Coming back?</b></p><p>It doesn't seem to be anything new for Apple fans to want Touch ID.</p><p>The so-called Touch ID is actually a fingerprint identification technology of Apple. As early as 2013, Apple installed the Touch iD function on the iPhone 5s for the first time. This function captured the love of a large number of fruit powders with its advantages of sensitive recognition and high security. Subsequently, this function appeared on devices such as iPad and Mac, and was also popular with fruit powder.</p><p><img src=\"https://static.tigerbbs.com/f8f93511c6a376d4aa6f08bd368ad9f8\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p><p>Unfortunately, in 2017, Apple launched its first full-screen model, the iPhone X. In order to completely get rid of the Home button on the iPhone, Apple began to phase out Touch ID fingerprint recognition and instead use Face ID facial recognition function. So far, the iPhone series product line bid farewell to Touch iD for 3 years until the appearance of iPhone SE 2020 in 2020.</p><p>Now it seems that although Apple has said that \"we will not make a second plan\", three years after Face ID was mass-produced, Apple is indeed seriously considering the possibility of under-screen fingerprints. As early as January this year, many bloggers revealed that Apple plans to release an iPhone that supports Touch ID and Face ID dual unlocking functions in 2021, and relevant supply chain manufacturers gave a \"no comment\" reply, which made netizens It feels more like a \"real hammer in disguise\".</p><p><img src=\"https://static.tigerbbs.com/dc7fca321658916961cd3e1c87313790\" tg-width=\"550\" tg-height=\"130\" referrerpolicy=\"no-referrer\"></p><p>In terms of technology, in November 2020, Apple submitted a patent. In the patent document, Apple described that they have developed a technology called \"Short-wave infrared optical imaging through electronic device displays\", which can use infrared light and penetration without reintroducing the physical Home button. Display imaging technology to re-add Touch ID to the iPhone.</p><p>In fact, this is not the first time that Apple has submitted patents related to fingerprint identification. Since 2017, Apple has submitted research patents related to fingerprint identification to the government every year. Apple has not given up Touch ID on hardware either. At the launch conference in September 2020, the new iPad Air did not use Face ID technology due to cost reasons, and used side fingerprints for the first time. It can be seen that Apple does have the reserve of under-screen fingerprint recognition technology.</p><p><img src=\"https://static.tigerbbs.com/fab835daadeb290b6afe739a894546cf\" tg-width=\"550\" tg-height=\"185\" referrerpolicy=\"no-referrer\"></p><p>The question is, Apple clearly has a touch-free Face ID, so why does it still use off-screen Touch ID on the iPhone?</p><p>Admittedly, Face ID is very convenient. You only need to point your face at your mobile phone to complete unlocking, online payment, etc., providing users with an insensitive interactive experience, but this does not mean that it has no shortcomings. For example, during the epidemic, everyone will wear masks when going out. In this case, the recognition efficiency of Face ID will be greatly reduced, resulting in users often manually entering 6-digit passwords to unlock.</p><p><img src=\"https://static.tigerbbs.com/974ec913f5287215259d3181c5bcf195\" tg-width=\"550\" tg-height=\"344\" referrerpolicy=\"no-referrer\"></p><p>In addition, Face ID is very particular about unlocking postures. Generally speaking, Face ID can only be unlocked successfully when there is sufficient light and when the face is in the same horizontal position as the iPhone. In some dark light environments or specific angles, such as if you put your phone on the desktop, lay your phone flat on the desktop, or lie on your side on the bed, the probability of successful Face ID unlocking will also drop a lot.</p><p>In contrast, Touch ID doesn't encounter this situation. As long as you put your finger in the designated identification area, you can complete unlocking, which not only reduces the probability of unlocking failure, but also saves the trouble of manually entering passwords. As those analysts said, judging from the current information, it is entirely possible that Apple will add Touch ID to future iPhones, and its continuous patent submissions are also telling us that Apple is not completely satisfied with Face ID.</p><p><b>This is the next iPhone</b></p><p>If Touch ID is about to return, what kind of iPhone will we usher in?</p><p>In terms of appearance design, according to foreign media 9to5Mac reports, compared with the previous generation products, the design of the next generation iPhone has not changed much. It still has the familiar front notch screen, square right-angled bezel and the Lightning interface that continues to this day. Due to the expanded battery capacity, the iPhone 13 will increase slightly in weight and thickness, and the bangs of the 13 may also shrink. It will \"flatten\" and narrow in the portrait direction, leaving the same width.</p><p><img src=\"https://static.tigerbbs.com/07607e308eddf89176315f24a4d35fc7\" tg-width=\"550\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p><p>In terms of screens, according to foreign media MacRumors, the iPhone 13 series will not come standard with high refresh screens. Only the iPhone 13 Pro and iPhone 13 Pro Max series will use a high refresh screen of 120Hz, while the screen of the traditional digital series is still 60Hz. In addition, these two high-end models may be equipped with LTPO OLED panels and support adaptive refresh rates to save power consumption.</p><p>Speaking of the screen, we have to talk about the bangs of the iPhone 13 series. Judging from the latest renderings released so far, the screen bangs of the iPhone 13 Pro have been significantly reduced. The reduction in the size of the screen bangs also helps to improve the visual experience, which means that the screen of the iPhone 13 Pro series can display more content, and the impact of the bangs on screen occlusion will also be reduced.</p><p><img src=\"https://static.tigerbbs.com/445863198c55d48a22a574f9eda54055\" tg-width=\"550\" tg-height=\"330\" referrerpolicy=\"no-referrer\"></p><p>Finally, according to previous predictions from many parties, the upgrade of the next generation iPhone will focus on the appearance and imaging system. According to the latest information released by Taiwanese media DigiTimes, all series of iPhone 13 models come standard with sensor displacement optical image stabilization function. Unfortunately, the main camera of the machine is likely to still be 12 million pixels. Only the main cameras of two Pro series will be upgraded to 6P lenses, the aperture will be further increased, and autofocus will be supported. These upgrades may be able to make up for the previous iPhone Pro series. Disadvantages in ultra-wide-angle night scene shooting.</p><p><img src=\"https://static.tigerbbs.com/6dd41612eb37ba30cd58e9d5090b0e74\" tg-width=\"960\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p><p><b>sum up</b></p><p>Judging from the current intelligence, Xiaolei believes that the chance of Touch ID returning is indeed not small. From the perspective of user needs, according to a survey by foreign media SellCell.com, the feature currently expected by the vast majority of Apple users is the return of Touch ID, accounting for as much as 21%. Other high-refresh screens, larger batteries, and smaller bangs can only come second.</p><p><img src=\"https://static.tigerbbs.com/55dd004ca467b5f82c2a76f882bb5482\" tg-width=\"550\" tg-height=\"256\" referrerpolicy=\"no-referrer\"></p><p>In terms of technology, the under-screen fingerprint technology currently on the market has become mature. According to supply chain data, with the continuous promotion of Android manufacturers, Goodix's optical fingerprint modules have achieved a leap in research and development in just a few years, the response speed has been accelerating, and the module price has become lower and lower. If the under-screen fingerprint solution is cheaper and has a better look and feel than Face ID, why should Apple not use it?</p><p>If the next generation iPhone really adds off-screen Touch ID, it means that Apple is indeed considering users. For users who hate notch screens, it is undoubtedly a good thing that Apple can return to Touch ID. With Apple's endorsement, the new iPhone can easily access the original identification system. In the future, even if you go out, you don't have to be bothered by fingerprints. You don't have to manually enter your password while lying in bed. Even payment can be done with one click. Everything is so beautiful.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://finance.sina.com.cn/tech/csj/2021-06-23/doc-ikqciyzk1421263.shtml\">雷科技</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/12379a9884b4da1581b2341ae272c330","relate_stocks":{"AAPL":"苹果"},"source_url":"http://finance.sina.com.cn/tech/csj/2021-06-23/doc-ikqciyzk1421263.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152958237","content_text":"下一代iPhone的传闻，在整个数码圈再度兴起波澜。\n根据国内媒体《科创板日报》报道，供应链方面的消息称，下一代iPhone手机即将在今年9月份发布，这款产品可能会被命名为iPhone 12s或者iPhone 13。据悉，不同于iPhone 12系列，下一代iPhone系列的设计、屏幕、相机配置都将迎来全面升级，并有望首次加入屏下指纹解锁技术。\n无独有偶，前段时间美国媒体《Tom‘s Guide》也曾爆料称，苹果正在为下一代iPhone 13研发屏内指纹技术，这一功能将与Face ID一起作为辅助生物识别功能，彻底取代密码的存在。\n关于苹果未来机型的种种爆料，也让我们愈加好奇下一代iPhone的形态。\nTouch ID要回来了？\n果粉想要Touch ID，似乎并不是什么新鲜事。\n所谓Touch ID，其实就是苹果公司的一种指纹识别技术。早在2013年，苹果公司在iPhone 5s上首次实装Touch iD功能，该功能便以其识别灵敏、安全性高的优势，俘获了一大批果粉的喜爱。随后，该功能更是在iPad和Mac等设备上出现，同样饱受果粉的欢迎。\n\n遗憾的是，2017年，苹果推出了旗下首款全面屏机型iPhone X。为了让iPhone彻底摆脱Home键，苹果开始逐步淘汰Touch ID指纹识别，转而采用Face ID面部识别功能。至此，iPhone系列产品线告别Touch iD达到3年之久，直到2020年iPhone SE 2020的出现。\n现在看来，虽然苹果说过“我们不会做第二套方案”，但在Face ID量产三年后，苹果确实在认真考虑屏下指纹的可能性。早在今年一月，就有不少博主透露了苹果计划在2021年发布支持Touch ID和Face ID双解锁功能iPhone的消息，而相关供应链厂商给出“不予置评”的答复，让网友们感觉更像是“变相实锤”。\n\n技术方面，2020年11月，苹果曾经提交了一则专利。在专利文件上苹果描述称，他们研发了一项名为 “通过电子设备显示屏进行短波红外光学成像 ”的技术，该技术可以在不重新引入实体Home键的情况下，利用红外光和穿透式显示屏成像技术，将Touch ID重新添加到iPhone上。\n事实上，这并不是苹果第一次提交有关指纹识别的专利，从2017年开始，苹果每年都会向政府提交指纹识别的相关研究专利。苹果也没有在硬件上放弃Touch ID，在2020年9月的发布会上，新款iPad Air就因为成本原因没有采用Face ID技术，破天荒地使用了侧边指纹。由此可见，苹果确实有屏下指纹识别技术的储备。\n\n问题来了，苹果明明有了不用触摸的Face ID，为何还要在iPhone上使用屏下Touch ID呢？\n诚然，Face ID很方便，只需将人脸对准手机，即可完成解锁、在线支付等，给用户提供了一种无感的交互体验，但是这并不代表它没有缺点。例如疫情期间，大家出门都会佩戴口罩，在这种情况下Face ID的识别效率就会大打折扣，导致用户经常手动输入6位数密码来解锁。\n\n此外，Face ID还是非常讲究解锁姿势的。一般来说，只有在光照充足、当人脸与iPhone处于同一水平位置时，Face ID才可以解锁成功。在一些暗光环境或特定的角度下，例如你将手机放在桌面，将手机平放在桌面又或者是你侧躺在床上，Face ID解锁成功的几率也会下降不少。\n作为对比，Touch ID就不会遇到这种情况。只要将手指放在指定识别区域内，即可完成解锁，不仅减少了解锁失败的概率，还省去了手动输入密码的麻烦。正如那些分析师所言，从目前的信息来看，苹果完全有可能会在未来的iPhone中增加Touch ID，而它不断提交的专利也在告诉我们：苹果并没有对Face ID感到完全满意。\n这就是下一代iPhone\n如果Touch ID即将回归，那我们会迎来一款怎样的iPhone？\n外观设计方面，根据外媒9to5Mac报道，和前代产品相比，下一代iPhone的设计变化不大，依然是熟悉的正面刘海屏幕、方方正正的直角边框还有延续至今的Lightning接口。由于电池容量扩大，iPhone 13在重量和厚度上会略微增加，13的刘海也可能会缩小，它将会“变扁”，在纵向上收窄，宽度保持不变。\n\n屏幕方面，据外媒MacRumors报道，iPhone 13系列并不会全系标配高刷屏。只有iPhone 13 Pro、iPhone 13 Pro Max系列才会采用120Hz的高刷屏，而传统数字系列的屏幕依旧是60Hz。此外，这两款高端机型可能会配备LTPO OLED面板，支持自适应刷新率，以此达到节省功耗的效果。\n讲到屏幕，就不得不聊下iPhone 13系列的刘海。从目前爆出的最新渲染图来看，iPhone 13 Pro的屏幕刘海部分大幅缩减。屏幕刘海体积缩小，同样有助于提升视觉体验，这也就意味着iPhone 13 Pro系列的屏幕可以显示更多的内容，刘海对屏幕遮挡的影响也会随之减小。\n\n最后，按照此前多方预测的消息，下一代iPhone的升级将集中在外观和影像系统上。根据台媒DigiTimes最新发布的信息，iPhone 13全系列机型均标配传感器位移式光学图像防抖功能。遗憾的是，该机主摄很可能依然是1200万像素，只有两款Pro系列的主摄会升级为6P镜头，光圈也进一步增大，并且支持自动对焦，这些升级或许能够弥补此前iPhone Pro系列在超广角夜景拍摄上的劣势。\n\n总结\n从目前的情报来看，小雷认为Touch ID回归的机会确实不小。从用户需求的角度来看，根据外媒SellCell.com的一项调查，目前绝大多数苹果用户期待的功能是Touch ID的回归，占比高达21%。其他的高刷屏幕、更大电池、更小刘海都只能屈居其后。\n\n技术方面，目前市面上的屏下指纹技术已经趋于成熟。根据供应链数据，在安卓厂商的不断推动下，汇顶的光学指纹模组在短短几年间已经实现了研发飞跃，响应速度不断加快，模组价格变得越来越低。如果屏下指纹方案对比Face ID成本更低、观感更优秀，那苹果还有什么理由不用呢？\n如果下一代iPhone真的加入了屏下Touch ID，那么说明苹果确实有在为用户考虑。对于讨厌刘海屏的用户来说，苹果能够回归Touch ID无疑是一件好事。有着苹果的背书，新iPhone可以很轻易地接入原有的识别系统。以后，即便出门在外也不用被指纹困扰，躺在床上不必手动输入密码，就连支付也能一按搞定，一切都是那么美好。","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2867,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164271045,"gmtCreate":1624220979487,"gmtModify":1703830735392,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562723471400360","idStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164271045","repostId":"2144770254","repostType":4,"isVote":1,"tweetType":1,"viewCount":699,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164127719,"gmtCreate":1624183443731,"gmtModify":1703830294102,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562723471400360","idStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164127719","repostId":"2144709321","repostType":4,"repost":{"id":"2144709321","kind":"highlight","pubTimestamp":1624167977,"share":"https://ttm.financial/m/news/2144709321?lang=en_US&edition=fundamental","pubTime":"2021-06-20 13:46","market":"us","language":"zh","title":"The market actually went like this after the resolution! Has the Fed thought of it?","url":"https://stock-news.laohu8.com/highlight/detail?id=2144709321","media":"智通财经网","summary":"德银首席外汇策略师George Saravelos认为，从收益率曲线平坦化可以看出，美联储犯了一个重大的政策错误，市场表明了对中性利率r*的极度悲观态度。","content":"<p>The market performance after the Federal Reserve's decision is extraordinary from any angle: the US Dollar Index has recorded its biggest single-day increase since the new crown epidemic swept the world in March last year, long-term U.S. bond yields have fallen to their lowest since February, and some commodity prices have fallen to a new low since March last year, but the Nasdaq index has hit a record high.</p><p>Why did the market perform so unexpectedly?<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Chief foreign exchange strategist George Saravelos said in the report that the Fed made a major policy mistake, as can be seen from the flattening of the yield curve. And this comes down to the market's extremely pessimistic view of the neutral interest rate r *, \"in other words, this is the same argument we predicted six years ago that the Fed's rate hike cycle would end in disaster.\"<img src=\"https://static.tigerbbs.com/531c16b22c4764b6f441ed19bd04fd96\" tg-width=\"500\" tg-height=\"271\" referrerpolicy=\"no-referrer\">Why is there such an unexpected trend in the market? Deutsche Bank analysts gave analysis one by one:</p><p>The dollar's surge: The performance of the dollar's surge is completely in line with the traditional view, that is, the front-end real interest rate has the greatest impact on the the US Dollar Index. Expectations for the Federal Reserve to tighten monetary policy in 2023 have been repriced, supporting the recent strength of the dollar. Even if the 10-year U.S. Treasury yield does not hit a new high, it is not surprising that the US Dollar Index has rebounded strongly.<img src=\"https://static.tigerbbs.com/55140d5c720ec904810eff37a21a9a99\" tg-width=\"500\" tg-height=\"423\" referrerpolicy=\"no-referrer\">Commodity plunge: The Fed's role in pushing up commodity prices should not be underestimated, perhaps as we can see from the current very high correlation between the US dollar and base metal prices. Deutsche Bank's previous report also showed that there was a strong correlation between the Fed's balance sheet, commodity prices and inflation expectations. The 2013 shrinking balance sheet also marked the peak of inflation expectations at that time.<img src=\"https://static.tigerbbs.com/16ddc2ef3dd4221af38423d4be2d5b54\" tg-width=\"500\" tg-height=\"404\" referrerpolicy=\"no-referrer\">A number of survey-based indicators, such as the University of Michigan Inflation Expectations Index, also show a high correlation between commodity prices and inflation expectations. The above arguments all show that the Fed's ability to influence inflation expectations through the US dollar and commodities far exceeds the imagination of ordinary people.</p><p>Finally, and most importantly, the bonds and neutral interest rate segments. As can be seen from the chart below, in the past 48 hours, the bond market has experienced obvious distortion flattening, which is unusual when the Federal Reserve has not even started its rate hike.</p><p>Repeating the Fed's rate hike cycle from 2015 to 2019, although the market's pricing of rate hike in 2023 and 2024 has risen, the yield after these two points in time has begun to decline, mainly because the market believes that the Fed can only do at most rate hike in less than two years.<img src=\"https://static.tigerbbs.com/9df9859d8bd5aaac81db8c1c1d9764e2\" tg-width=\"500\" tg-height=\"254\" referrerpolicy=\"no-referrer\">This also coincides with a noticeable decline in inflation expectations. In fact, the Fed made a hawkish shift even before breakeven inflation reached the normal range level of 2014. And now the market has taken an extremely pessimistic view on the neutral rate r *.<img src=\"https://static.tigerbbs.com/9676f27f16093d1d7ed45606d48f0913\" tg-width=\"500\" tg-height=\"248\" referrerpolicy=\"no-referrer\">In other words, if the Fed decides to act early, then market voices say that the Fed cannot go far until inflation and growth reach their speed limits, which also leads to a decline in market expectations for interest rates after the Fed's first rate hike.</p><p>Other markets outside the bond market also reflect pessimism about the neutral interest rate r *. The huge demand for yields from global investors has driven the dollar stronger and produced a faster-than-expected disinflation impact. In other words, the global downturn in neutral interest rates has pushed the US neutral rate even lower.</p><p>The low neutral interest rate is consistent with the strengthening of the stock market, especially for growth stocks that rely heavily on the medium-term discount rate. The trend of U.S. stocks in the past two days has reflected a huge relative rotation from the Russell 2000 to the Nasdaq index, but Deutsche Bank analysts warned that this is actually version 2.0 of pricing that has been stagnant for a decade from 2010 to 2019.<img src=\"https://static.tigerbbs.com/b8d22b5805d705bf59b246a7ea496732\" tg-width=\"500\" tg-height=\"270\" referrerpolicy=\"no-referrer\">While a day or two of price performance doesn't constitute a trend, the odd signals from the market should not be ignored. Deutsche Bank analysts have emphasized in the past few weeks that there are still many issues to be resolved from a V-shaped recovery to a post-COVID stable state, including the structural damage left by COVID-19 pandemic to the private sector savings rate and the new equilibrium real interest rate level. Imagine the tragic situation of the economy without fiscal stimulus measures-without trillions of dollars of new fiscal stimulus measures every year, can the United States maintain a positive GDP growth rate? And what will happen to inflation if the Fed is forced to cut interest rates before the inflation fire goes out? These are all questions that the market will have to consider in the coming months.</p><p>The biggest question currently facing the Fed is whether it is possible to repeat the mistakes of 1937, when the Fed believed that the U.S. economy had improved and began to launch a rate hike, but the result was that the U.S. economy fell back into trouble, and ultimately it was massive fiscal reflation during World War II that saved everything.</p><p>But the question is, at present, the debt and deficit of the United States have risen to the level of World War II. Without war, how can the U.S. government justify the annual fiscal stimulus measures of several trillion dollars? When prices continue to rise in 2024 and the economy falls into recession again, how will the then Federal Reserve chairman fight inflation?</p>","source":"highlight_zhitongcaijin","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>The market actually went like this after the resolution! Has the Fed thought of it?</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nThe market actually went like this after the resolution! Has the Fed thought of it?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2021-06-20 13:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The market performance after the Federal Reserve's decision is extraordinary from any angle: the US Dollar Index has recorded its biggest single-day increase since the new crown epidemic swept the world in March last year, long-term U.S. bond yields have fallen to their lowest since February, and some commodity prices have fallen to a new low since March last year, but the Nasdaq index has hit a record high.</p><p>Why did the market perform so unexpectedly?<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Chief foreign exchange strategist George Saravelos said in the report that the Fed made a major policy mistake, as can be seen from the flattening of the yield curve. And this comes down to the market's extremely pessimistic view of the neutral interest rate r *, \"in other words, this is the same argument we predicted six years ago that the Fed's rate hike cycle would end in disaster.\"<img src=\"https://static.tigerbbs.com/531c16b22c4764b6f441ed19bd04fd96\" tg-width=\"500\" tg-height=\"271\" referrerpolicy=\"no-referrer\">Why is there such an unexpected trend in the market? Deutsche Bank analysts gave analysis one by one:</p><p>The dollar's surge: The performance of the dollar's surge is completely in line with the traditional view, that is, the front-end real interest rate has the greatest impact on the the US Dollar Index. Expectations for the Federal Reserve to tighten monetary policy in 2023 have been repriced, supporting the recent strength of the dollar. Even if the 10-year U.S. Treasury yield does not hit a new high, it is not surprising that the US Dollar Index has rebounded strongly.<img src=\"https://static.tigerbbs.com/55140d5c720ec904810eff37a21a9a99\" tg-width=\"500\" tg-height=\"423\" referrerpolicy=\"no-referrer\">Commodity plunge: The Fed's role in pushing up commodity prices should not be underestimated, perhaps as we can see from the current very high correlation between the US dollar and base metal prices. Deutsche Bank's previous report also showed that there was a strong correlation between the Fed's balance sheet, commodity prices and inflation expectations. The 2013 shrinking balance sheet also marked the peak of inflation expectations at that time.<img src=\"https://static.tigerbbs.com/16ddc2ef3dd4221af38423d4be2d5b54\" tg-width=\"500\" tg-height=\"404\" referrerpolicy=\"no-referrer\">A number of survey-based indicators, such as the University of Michigan Inflation Expectations Index, also show a high correlation between commodity prices and inflation expectations. The above arguments all show that the Fed's ability to influence inflation expectations through the US dollar and commodities far exceeds the imagination of ordinary people.</p><p>Finally, and most importantly, the bonds and neutral interest rate segments. As can be seen from the chart below, in the past 48 hours, the bond market has experienced obvious distortion flattening, which is unusual when the Federal Reserve has not even started its rate hike.</p><p>Repeating the Fed's rate hike cycle from 2015 to 2019, although the market's pricing of rate hike in 2023 and 2024 has risen, the yield after these two points in time has begun to decline, mainly because the market believes that the Fed can only do at most rate hike in less than two years.<img src=\"https://static.tigerbbs.com/9df9859d8bd5aaac81db8c1c1d9764e2\" tg-width=\"500\" tg-height=\"254\" referrerpolicy=\"no-referrer\">This also coincides with a noticeable decline in inflation expectations. In fact, the Fed made a hawkish shift even before breakeven inflation reached the normal range level of 2014. And now the market has taken an extremely pessimistic view on the neutral rate r *.<img src=\"https://static.tigerbbs.com/9676f27f16093d1d7ed45606d48f0913\" tg-width=\"500\" tg-height=\"248\" referrerpolicy=\"no-referrer\">In other words, if the Fed decides to act early, then market voices say that the Fed cannot go far until inflation and growth reach their speed limits, which also leads to a decline in market expectations for interest rates after the Fed's first rate hike.</p><p>Other markets outside the bond market also reflect pessimism about the neutral interest rate r *. The huge demand for yields from global investors has driven the dollar stronger and produced a faster-than-expected disinflation impact. In other words, the global downturn in neutral interest rates has pushed the US neutral rate even lower.</p><p>The low neutral interest rate is consistent with the strengthening of the stock market, especially for growth stocks that rely heavily on the medium-term discount rate. The trend of U.S. stocks in the past two days has reflected a huge relative rotation from the Russell 2000 to the Nasdaq index, but Deutsche Bank analysts warned that this is actually version 2.0 of pricing that has been stagnant for a decade from 2010 to 2019.<img src=\"https://static.tigerbbs.com/b8d22b5805d705bf59b246a7ea496732\" tg-width=\"500\" tg-height=\"270\" referrerpolicy=\"no-referrer\">While a day or two of price performance doesn't constitute a trend, the odd signals from the market should not be ignored. Deutsche Bank analysts have emphasized in the past few weeks that there are still many issues to be resolved from a V-shaped recovery to a post-COVID stable state, including the structural damage left by COVID-19 pandemic to the private sector savings rate and the new equilibrium real interest rate level. Imagine the tragic situation of the economy without fiscal stimulus measures-without trillions of dollars of new fiscal stimulus measures every year, can the United States maintain a positive GDP growth rate? And what will happen to inflation if the Fed is forced to cut interest rates before the inflation fire goes out? These are all questions that the market will have to consider in the coming months.</p><p>The biggest question currently facing the Fed is whether it is possible to repeat the mistakes of 1937, when the Fed believed that the U.S. economy had improved and began to launch a rate hike, but the result was that the U.S. economy fell back into trouble, and ultimately it was massive fiscal reflation during World War II that saved everything.</p><p>But the question is, at present, the debt and deficit of the United States have risen to the level of World War II. Without war, how can the U.S. government justify the annual fiscal stimulus measures of several trillion dollars? When prices continue to rise in 2024 and the economy falls into recession again, how will the then Federal Reserve chairman fight inflation?</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.zhitongcaijing.com/content/detail/497227.html\">智通财经网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/85333027402a432a97137c9e6d12fcdc","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","OEX":"标普100","DDM":"2倍做多道指ETF-ProShares","SH":"做空标普500-Proshares","UDOW":"三倍做多道指30ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares","QQQ":"纳指100ETF","SPY":"标普500ETF","DJX":"1/100道琼斯","UPRO":"三倍做多标普500ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","OEF":"标普100指数ETF-iShares","SPXU":"三倍做空标普500ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","IVV":"标普500ETF-iShares","DOG":"道指ETF-ProShares做空","QID":"两倍做空纳斯达克指数ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares"},"source_url":"http://www.zhitongcaijing.com/content/detail/497227.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2144709321","content_text":"美联储决议后的市场表现，无论从什么角度来看都非比寻常：美元指数自去年3月新冠疫情席卷全球以来创下单日最大涨幅，长端美债收益率跌至2月以来最低，部分商品价格跌至去年3月以来新低，但纳斯达克指数却创下历史新高。\n市场为何出现如此出乎意料的表现?德意志银行首席外汇策略师George Saravelos在报告中表示，从收益率曲线平坦化可以看出，美联储犯了一个重大的政策错误。而这归结为市场对中性利率r*的极度悲观看法，“换句话说，这与我们六年前预测的，美联储加息周期将以灾难结束时的论点相同。”为何市场会有如此意外走势?德银分析师一一给出分析：\n美元大涨：美元大涨的表现完全符合传统观点，即对美元指数影响最大的是前端实际利率。美联储2023年收紧货币政策的预期已经被重新定价，支撑近期美元强势的表现。即便10年期美债收益率没有创下新高，美元指数强势反弹也并不让人惊讶。商品暴跌：不应低估美联储在推升商品价格方面起到的作用，或许我们从目前美元与基金属价格之前非常高的相关性中可以看出。德银此前的报告也表明，美联储资产负债表、商品价格和通胀预期之间存在强关联性，2013年缩表也标志着当时的通胀预期顶。而多项基于调查的指标，比如密歇根大学通胀预期指数也表明商品价格与通胀预期的高关联性。上述的论据都表明，美联储通过美元和商品影响通胀预期的能力远超一般人想象。\n最后，也是最重要的，债券和中性利率的部分。从下图可以看出，在过去48小时内，债券市场出现明显的扭曲平坦化，在美联储甚至还没开始加息的时候出现这种情况非比寻常。\n重演2015年至2019年美联储加息周期，尽管市场对2023年和2024年加息定价已经上升，但这两个时间点之后的收益率开始下降，主要因市场认为美联储最多能做到的也只有在不到两年时间内加息。这也与通胀预期的明显下降相吻合。事实上，美联储甚至在盈亏平衡通胀率达到2014年正常区间水平前就出现了鹰派的转变。而现在市场对中性利率r*采取了极其悲观的看法。换句话说，如果美联储决定提前行动，那么市场的声音表示，在通胀和增长达到速度极限前，美联储无法走得很远，这也导致市场对美联储第一次加息后的利率预期下降。\n债券市场之外的其他市场也反映出对中性利率r*的悲观，全球投资者对收益率的巨大需求推动美元走强，并产生比预期来得更快的去通胀(通胀放缓，disinflation)影响。换句话说，全球中性利率的低迷将美国中性利率推得更低了。\n而低中性利率与股市走强是相一致的，特别是严重依赖中期贴现利率的成长股。过去两天美股走势反映的是从罗素2000到纳斯达克指数的巨大相对轮动，但德银分析师警告，这其实是2010年到2019年长期停滞十年定价的2.0版本。虽然一两天的价格表现并不能构成趋势，但市场发出的奇怪信号不应被忽略。德银分析师在过去几周一直强调，从V型复苏到后新冠时代的稳定状态，还有许多问题有待解决，包括新冠疫情对私营部门储蓄率，以及新均衡实际利率水平留下的结构性损伤。可以想象，没有财政刺激措施之后经济的悲惨情形——没有每年数万亿美元的新财政刺激措施，美国是否能维持正的GDP增长率?而如果美联储被迫在通胀之火熄灭前就降息，通胀率会怎样?这些都是市场在未来几个月内不得不考虑的问题。\n美联储当前面临的最大问题在于是否可能重蹈1937年覆辙，当时美联储认为美国经济已经好转，并开始启动加息，但结果是美国经济重新陷入困境，最终是二战时期的大规模财政再通胀挽救了一切。\n但问题在于，目前美国的债务和赤字都已经升至二战时的水平，没有战争，美国政府还能如何证明每年几万亿美元的财政刺激措施合理?当2024年物价继续上涨，经济再度陷入衰退，时任的美联储主席要如何抗击通胀?","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SPY":0.9,"ESmain":0.9,"DJX":0.9,"SDOW":0.9,"PSQ":0.9,"SPXU":0.9,"OEF":0.9,"SH":0.9,"QQQ":0.9,"QLD":0.9,"OEX":0.9,".IXIC":0.9,"UPRO":0.9,"NQmain":0.9,".DJI":0.9,"SDS":0.9,"SQQQ":0.9,"SSO":0.9,"IVV":0.9,"DOG":0.9,"DXD":0.9,"MNQmain":0.9,"DDM":0.9,"QID":0.9,"TQQQ":0.9,".SPX":0.9,"UDOW":0.9}},"isVote":1,"tweetType":1,"viewCount":1048,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163896003,"gmtCreate":1623866666002,"gmtModify":1703822022958,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562723471400360","idStr":"3562723471400360"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163896003","repostId":"1146756294","repostType":4,"repost":{"id":"1146756294","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623856744,"share":"https://ttm.financial/m/news/1146756294?lang=en_US&edition=fundamental","pubTime":"2021-06-16 23:19","market":"other","language":"zh","title":"Some WSB concept stocks fell, and AMC cinemas fell more than 10%","url":"https://stock-news.laohu8.com/highlight/detail?id=1146756294","media":"老虎资讯综合","summary":"6月16日，部分WSB概念股下行，AMC院线跌超10%，黑莓跌超8%，游戏驿站、ContextLogic跌超4%。","content":"<p>On June 16, some WSB concept stocks fell.<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Fell more than 10%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Fell more than 8%,<a href=\"https://laohu8.com/S/GME\">GameStop</a>、<a href=\"https://laohu8.com/S/WISH\">ContextLogic</a>Fell more than 4%.</p><p><img src=\"https://static.tigerbbs.com/dbeb078de2de6d1611ad66c88cca74b4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></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>Some WSB concept stocks fell, and AMC cinemas fell more than 10%</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{ 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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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSome WSB concept stocks fell, and AMC cinemas fell more than 10%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-16 23:19</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 16, some WSB concept stocks fell.<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Fell more than 10%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Fell more than 8%,<a href=\"https://laohu8.com/S/GME\">GameStop</a>、<a href=\"https://laohu8.com/S/WISH\">ContextLogic</a>Fell more than 4%.</p><p><img src=\"https://static.tigerbbs.com/dbeb078de2de6d1611ad66c88cca74b4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c7da52addfd52fb216bcf87283f43750","relate_stocks":{"GME":"游戏驿站","BB":"黑莓","AMC":"AMC院线"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146756294","content_text":"6月16日，部分WSB概念股下行，AMC院线跌超10%，黑莓跌超8%，游戏驿站、ContextLogic跌超4%。","news_type":1,"symbols_score_info":{"WISH":0.9,"GME":0.9,"AMC":0.9,"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":1166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947126639,"gmtCreate":1682692560821,"gmtModify":1682692563248,"author":{"id":"3562723471400360","authorId":"3562723471400360","name":"Jack91","avatar":"https://static.tigerbbs.com/37b3a9c58de0697da299b8608ae7b967","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562723471400360","idStr":"3562723471400360"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FRC\">$第一共和银行(FRC)$&nbsp;</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/FRC\">$第一共和银行(FRC)$&nbsp;</a><v-v data-views=\"0\"></v-v>","text":"$第一共和银行(FRC)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947126639","isVote":1,"tweetType":1,"viewCount":2688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}