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2023-06-16

Looks like the bears are gonna make a lot of money by making the retailers sell it to them at discount...

Sorry, the original content has been removed

2022-11-07

$Exela Technologies, Inc.(XELA)$

2022-03-15

$Oiltek(HQU.SI)$Will it ever come up or just dump?

2021-08-31

Insightful

Five potential bubbles that may be about to burst

2021-08-31

Finger crossed

Former Fed official warns of 'urgent' threat of another financial crisis

2021-08-31

Insightful

Sorry, the original content has been removed

2021-08-31

When will you go up!!!

2021-08-31

?

S&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors

2021-08-30

Hope this one will reach 3$ again

2021-08-20

When will you go up?

Go to Tiger App to see more news

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like the bears are gonna make a lot of money by making the retailers sell it to them at discount...","listText":"Looks like the bears are gonna make a lot of money by making the retailers sell it to them at discount...","text":"Looks like the bears are gonna make a lot of money by making the retailers sell it to them at 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dump?","text":"$Oiltek(HQU.SI)$Will it ever come up or just dump?","images":[{"img":"https://community-static.tradeup.com/news/c9eac9b57ae2b18d4ab3ed404edfa338","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032819329","isVote":1,"tweetType":1,"viewCount":547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":818122481,"gmtCreate":1630386689143,"gmtModify":1676530288383,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"Insightful","listText":"Insightful","text":"Insightful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818122481","repostId":"1122000344","repostType":4,"repost":{"id":"1122000344","kind":"news","pubTimestamp":1630370673,"share":"https://ttm.financial/m/news/1122000344?lang=&edition=fundamental","pubTime":"2021-08-31 08:44","market":"us","language":"en","title":"Five potential bubbles that may be about to burst","url":"https://stock-news.laohu8.com/highlight/detail?id=1122000344","media":"The Telegraph","summary":"If you own your home, you may have noticed that the roof above your head has been growing more valua","content":"<p>If you own your home, you may have noticed that the roof above your head has been growing more valuable at a startling rate.</p>\n<p>Almost every part of the property market – some London flats excepted – is booming. Prices in June were up more than 13pc on the year,the fastest pace since 2004.</p>\n<p>It is not only homes which are getting more expensive. Stocks, bonds, commodities and more have all seen sharp price moves since Covid struck.</p>\n<p>Heady rises in assets certainly make investors feel good and raise hopes the economy is on the right track, often in a self-reinforcing cycle.</p>\n<p>But when everything is going up, twitchy markets can suddenly turn, alert for anything which could knock the rebound off course or burst what turns out to be a bubble.</p>\n<p>The Federal Reserve couldbungle the end of quantitative easing, causing a 2013-style taper tantrum. Inflation’s surge could be sustained,forcing higher interest rates. Another Covid wave could shock markets out of their optimism.</p>\n<p>Here are five potential bubbles and the threats facing investors.</p>\n<p><b>House prices</b></p>\n<p>Prices hit records this summer. The UK average jumped to £266,000 – up £31,000 on the year, according to the Office for National Statistics.</p>\n<p>Britain’s boom is but one part of an extraordinarily hotglobal property market. US prices are up almost 15pc, the fastest pace in 30 years. Canada’s market is up almost 14pc. New Zealand’s property market is up almost 30pc.</p>\n<p>This is all evidence to analysts at the Resolution Foundation that low interest rates, lockdown savings and shifting demand have been more important factors than Britain’s stamp duty holiday in pushing up prices.</p>\n<p>The end of the tax break is unlikely to burst the bubble – but a rise in interest rates could.</p>\n<p>Andrew Wishart at Capital Economics expects prices to rise another 7.5pc by the end of 2023 aided by lower mortgage rates. But he acknowledges the risk of Bank of England rate hikes.</p>\n<p>“If the Monetary Policy Committee undertakes a significant tightening cycle, perhaps raising Bank Rate to 1.50pc, house prices could drop by 4pc,” he says.</p>\n<p><b>Bonds</b></p>\n<p>Families are not the only borrowers who have become extremely used to ultra-low rates.</p>\n<p>Governments and businesses have also borrowed hard since the pandemic began with minimal repayments allowing them to spend without too many worries.</p>\n<p>Low bond interest rates – yields – equal high bond prices, raising concern over the potential for a bust.</p>\n<p>Britain’s Government ran its biggest deficit on record in 2020-21, borrowing £298bn. Yet the cost of servicing the debt slumped to a record low of just 2pc of Treasury revenues, down from as much as 4pc in 2019-20 and 7pc in 2011-12.</p>\n<p>But that has already crept up to 2.9pc as.</p>\n<p>Meanwhile businesses worldwide have borrowed heavily. Non-financial businesses’ debts in advanced economies boomed from 165pc of GDP in the final months of 2019 to 185pc by the end of 2020, according to the Bank for International Settlements. In emerging markets it jumped from 147pc to 173pc of GDP. It leaves borrowers vulnerable to a jump in rates.</p>\n<p>Barry Naisbitt, economist at the National Institute of Economic and Social Research, says the extent of the risk depends on how suddenly any rise in rates arrives.</p>\n<p>“The average duration of UK government debt is long compared to other countries, so it would not immediately face having to roll over debts [at a higher rate],” he says. “But some countries and companies do need to roll over debts soon and could be caught out by a very sudden change.”</p>\n<p><b>Stocks</b></p>\n<p>America’s S&amp;P 500 rapidly rebounded from the Covid slump and routinely reaches new highs.</p>\n<p>Optimism on growth is one thing. Assumingand inflation will not become a problem is another.</p>\n<p>Mark Haefele, chief investment officer at UBS Wealth Management, expects a “smooth landing” as the Fed eases off the accelerator, but is wary of the hazards ahead.</p>\n<p>“Every inflation report above 2pc will lead to a chorus of calls for the Fed and other central banks to rein in stimulus, so that inflation doesn’t spiral out of control,” he says.</p>\n<p>“At the same time, the Fed knows that overzealous attempts to tame inflation risk putting the economy and markets on course for a hard landing.”</p>\n<p>He expects the S&amp;P 500 to rise from almost 4,500 now to 4,800 by June 2022. But with “bad inflation”, a growth crunch or a new Covid scare – the market could tumble to 3,800, erasing almost all of 2021’s gain</p>\n<p><b>Commodities</b></p>\n<p>The real economy is as big a risk as monetary policy, particularly when it comes to commodity prices.</p>\n<p>Copper offers a salutary lesson to any investors who think everything has to keep rising this year.</p>\n<p>The red metal doubled in price between its spring 2020 trough and May 2021, far above pre-pandemic levels as China’s economy boomed and the net zero agenda set demand forecasts soaring. But it stumbled several times as Chinese authorities took action to cool prices, then fears of a new wave of Covid hit demand.</p>\n<p>At their low ebb this month– high by historical standards, but a sign of how fast a booming market can change.</p>\n<p><b>Bitcoin</b></p>\n<p>If real world assets are not enough,appears to be on another tear, rising close to $50,000 in recent days from a July low of below $30,000. In April it was more than $60,000.</p>\n<p>Andrew Bailey, Governor of the Bank of England, has been clear about his expectations for the fashionable digital creation. “A cryptoasset is not money (hence the term cryptocurrency is misleading) and has no intrinsic value because it has no backing,” he said earlier this summer.</p>\n<p>Its ultimate value is “highly unstable and could be nothing.”</p>\n<p>At least houses can still be lived in when a bubble pops.</p>","source":"lsy1602484828908","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>Five potential bubbles that may be about to burst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFive potential bubbles that may be about to burst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 08:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/five-potential-bubbles-may-burst-113839455.html><strong>The Telegraph</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you own your home, you may have noticed that the roof above your head has been growing more valuable at a startling rate.\nAlmost every part of the property market – some London flats excepted – is ...</p>\n\n<a href=\"https://finance.yahoo.com/news/five-potential-bubbles-may-burst-113839455.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/five-potential-bubbles-may-burst-113839455.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122000344","content_text":"If you own your home, you may have noticed that the roof above your head has been growing more valuable at a startling rate.\nAlmost every part of the property market – some London flats excepted – is booming. Prices in June were up more than 13pc on the year,the fastest pace since 2004.\nIt is not only homes which are getting more expensive. Stocks, bonds, commodities and more have all seen sharp price moves since Covid struck.\nHeady rises in assets certainly make investors feel good and raise hopes the economy is on the right track, often in a self-reinforcing cycle.\nBut when everything is going up, twitchy markets can suddenly turn, alert for anything which could knock the rebound off course or burst what turns out to be a bubble.\nThe Federal Reserve couldbungle the end of quantitative easing, causing a 2013-style taper tantrum. Inflation’s surge could be sustained,forcing higher interest rates. Another Covid wave could shock markets out of their optimism.\nHere are five potential bubbles and the threats facing investors.\nHouse prices\nPrices hit records this summer. The UK average jumped to £266,000 – up £31,000 on the year, according to the Office for National Statistics.\nBritain’s boom is but one part of an extraordinarily hotglobal property market. US prices are up almost 15pc, the fastest pace in 30 years. Canada’s market is up almost 14pc. New Zealand’s property market is up almost 30pc.\nThis is all evidence to analysts at the Resolution Foundation that low interest rates, lockdown savings and shifting demand have been more important factors than Britain’s stamp duty holiday in pushing up prices.\nThe end of the tax break is unlikely to burst the bubble – but a rise in interest rates could.\nAndrew Wishart at Capital Economics expects prices to rise another 7.5pc by the end of 2023 aided by lower mortgage rates. But he acknowledges the risk of Bank of England rate hikes.\n“If the Monetary Policy Committee undertakes a significant tightening cycle, perhaps raising Bank Rate to 1.50pc, house prices could drop by 4pc,” he says.\nBonds\nFamilies are not the only borrowers who have become extremely used to ultra-low rates.\nGovernments and businesses have also borrowed hard since the pandemic began with minimal repayments allowing them to spend without too many worries.\nLow bond interest rates – yields – equal high bond prices, raising concern over the potential for a bust.\nBritain’s Government ran its biggest deficit on record in 2020-21, borrowing £298bn. Yet the cost of servicing the debt slumped to a record low of just 2pc of Treasury revenues, down from as much as 4pc in 2019-20 and 7pc in 2011-12.\nBut that has already crept up to 2.9pc as.\nMeanwhile businesses worldwide have borrowed heavily. Non-financial businesses’ debts in advanced economies boomed from 165pc of GDP in the final months of 2019 to 185pc by the end of 2020, according to the Bank for International Settlements. In emerging markets it jumped from 147pc to 173pc of GDP. It leaves borrowers vulnerable to a jump in rates.\nBarry Naisbitt, economist at the National Institute of Economic and Social Research, says the extent of the risk depends on how suddenly any rise in rates arrives.\n“The average duration of UK government debt is long compared to other countries, so it would not immediately face having to roll over debts [at a higher rate],” he says. “But some countries and companies do need to roll over debts soon and could be caught out by a very sudden change.”\nStocks\nAmerica’s S&P 500 rapidly rebounded from the Covid slump and routinely reaches new highs.\nOptimism on growth is one thing. Assumingand inflation will not become a problem is another.\nMark Haefele, chief investment officer at UBS Wealth Management, expects a “smooth landing” as the Fed eases off the accelerator, but is wary of the hazards ahead.\n“Every inflation report above 2pc will lead to a chorus of calls for the Fed and other central banks to rein in stimulus, so that inflation doesn’t spiral out of control,” he says.\n“At the same time, the Fed knows that overzealous attempts to tame inflation risk putting the economy and markets on course for a hard landing.”\nHe expects the S&P 500 to rise from almost 4,500 now to 4,800 by June 2022. But with “bad inflation”, a growth crunch or a new Covid scare – the market could tumble to 3,800, erasing almost all of 2021’s gain\nCommodities\nThe real economy is as big a risk as monetary policy, particularly when it comes to commodity prices.\nCopper offers a salutary lesson to any investors who think everything has to keep rising this year.\nThe red metal doubled in price between its spring 2020 trough and May 2021, far above pre-pandemic levels as China’s economy boomed and the net zero agenda set demand forecasts soaring. But it stumbled several times as Chinese authorities took action to cool prices, then fears of a new wave of Covid hit demand.\nAt their low ebb this month– high by historical standards, but a sign of how fast a booming market can change.\nBitcoin\nIf real world assets are not enough,appears to be on another tear, rising close to $50,000 in recent days from a July low of below $30,000. In April it was more than $60,000.\nAndrew Bailey, Governor of the Bank of England, has been clear about his expectations for the fashionable digital creation. “A cryptoasset is not money (hence the term cryptocurrency is misleading) and has no intrinsic value because it has no backing,” he said earlier this summer.\nIts ultimate value is “highly unstable and could be nothing.”\nAt least houses can still be lived in when a bubble pops.","news_type":1},"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818126738,"gmtCreate":1630386607724,"gmtModify":1676530288351,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"Finger crossed","listText":"Finger crossed","text":"Finger crossed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818126738","repostId":"2163381188","repostType":4,"repost":{"id":"2163381188","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1630370460,"share":"https://ttm.financial/m/news/2163381188?lang=&edition=fundamental","pubTime":"2021-08-31 08:41","market":"hk","language":"en","title":"Former Fed official warns of 'urgent' threat of another financial crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=2163381188","media":"Dow Jones","summary":"Don Kohn calls on Congress to pass financial stability mandates for regulators.\n\nInvestors cheered F","content":"<blockquote>\n Don Kohn calls on Congress to pass financial stability mandates for regulators.\n</blockquote>\n<p>Investors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.</p>\n<p>Don Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.</p>\n<p>\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"</p>\n<p>Kohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.</p>\n<p>Despite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.</p>\n<p>What's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.</p>\n<p>Kohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"</p>\n<p>Unlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.</p>\n<p>One strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.</p>\n<p>The Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.</p>\n<p>\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.</p>\n<p>Kohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.</p>\n<p>Kohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.</p>\n<p>\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.</p>\n<p>Kohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.</p>\n<p>\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing this.\"</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>Former Fed official warns of 'urgent' threat of another financial crisis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Fed official warns of 'urgent' threat of another financial crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-31 08:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Don Kohn calls on Congress to pass financial stability mandates for regulators.\n</blockquote>\n<p>Investors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.</p>\n<p>Don Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.</p>\n<p>\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"</p>\n<p>Kohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.</p>\n<p>Despite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.</p>\n<p>What's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.</p>\n<p>Kohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"</p>\n<p>Unlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.</p>\n<p>One strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.</p>\n<p>The Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.</p>\n<p>\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.</p>\n<p>Kohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.</p>\n<p>Kohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.</p>\n<p>\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.</p>\n<p>Kohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.</p>\n<p>\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing this.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163381188","content_text":"Don Kohn calls on Congress to pass financial stability mandates for regulators.\n\nInvestors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.\nDon Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.\n\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"\nKohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.\nDespite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.\nWhat's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.\nKohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being one of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"\nUnlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.\nOne strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks $(XLF)$ to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.\nThe Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.\n\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.\nKohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.\nKohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.\n\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.\nKohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.\n\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing this.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818126260,"gmtCreate":1630386575050,"gmtModify":1676530288359,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"Insightful&nbsp;","listText":"Insightful&nbsp;","text":"Insightful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818126260","repostId":"1170371463","repostType":4,"isVote":1,"tweetType":1,"viewCount":434,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818121639,"gmtCreate":1630386445521,"gmtModify":1676530288304,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"When will you go up!!!","listText":"When will you go up!!!","text":"When will you go up!!!","images":[{"img":"https://static.tigerbbs.com/52ca32f937df2761cac25ce8c8ebf7e3","width":"1080","height":"2587"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818121639","isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":818123387,"gmtCreate":1630386359349,"gmtModify":1676530288280,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818123387","repostId":"2163833181","repostType":4,"repost":{"id":"2163833181","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630353642,"share":"https://ttm.financial/m/news/2163833181?lang=&edition=fundamental","pubTime":"2021-08-31 04:00","market":"us","language":"en","title":"S&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2163833181","media":"Reuters","summary":"S&P 500 tracks longest monthly winning streak since 2018.\nS&P 500, Nasdaq end at fresh record highs\n","content":"<p>S&amp;P 500 tracks longest monthly winning streak since 2018.</p>\n<p>S&amp;P 500, Nasdaq end at fresh record highs</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> gains on report it is exploring a stock-trading platform</p>\n<p>Aug 30 (Reuters) - The S&amp;P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.</p>\n<p>Apple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&amp;P 500 and the Dow.</p>\n<p>High-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.</p>\n<p>The benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.</p>\n<p>Fed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.</p>\n<p>\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>\"Some investors are thinking that tapering might not even start this year, but the <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"</p>\n<p>The S&amp;P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.</p>\n<p>It is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&amp;P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite&nbsp;added 136.22 points, or 0.9%, to 15,265.72.</p>\n<p>While U.S. crude prices rose 0.7% on Monday, energy stocks&nbsp;broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.</p>\n<p>Falling bond yields also pressured bank stocks, with the S&amp;P 500 banking index ending down.</p>\n<p>PayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.</p>\n<p>U.S.-listed shares of Chinese gaming firm NetEase Inc&nbsp;slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-31 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>S&amp;P 500 tracks longest monthly winning streak since 2018.</p>\n<p>S&amp;P 500, Nasdaq end at fresh record highs</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> gains on report it is exploring a stock-trading platform</p>\n<p>Aug 30 (Reuters) - The S&amp;P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.</p>\n<p>Apple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&amp;P 500 and the Dow.</p>\n<p>High-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.</p>\n<p>The benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.</p>\n<p>Fed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.</p>\n<p>\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>\"Some investors are thinking that tapering might not even start this year, but the <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"</p>\n<p>The S&amp;P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.</p>\n<p>It is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&amp;P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite&nbsp;added 136.22 points, or 0.9%, to 15,265.72.</p>\n<p>While U.S. crude prices rose 0.7% on Monday, energy stocks&nbsp;broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.</p>\n<p>Falling bond yields also pressured bank stocks, with the S&amp;P 500 banking index ending down.</p>\n<p>PayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.</p>\n<p>U.S.-listed shares of Chinese gaming firm NetEase Inc&nbsp;slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163833181","content_text":"S&P 500 tracks longest monthly winning streak since 2018.\nS&P 500, Nasdaq end at fresh record highs\nPayPal gains on report it is exploring a stock-trading platform\nAug 30 (Reuters) - The S&P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.\nApple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&P 500 and the Dow.\nHigh-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.\nThe benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.\nFed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.\n\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.\n\"Some investors are thinking that tapering might not even start this year, but the one thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"\nThe S&P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.\nIt is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.\nUnofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite added 136.22 points, or 0.9%, to 15,265.72.\nWhile U.S. crude prices rose 0.7% on Monday, energy stocks broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.\nFalling bond yields also pressured bank stocks, with the S&P 500 banking index ending down.\nPayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.\nU.S.-listed shares of Chinese gaming firm NetEase Inc slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.\n(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811289208,"gmtCreate":1630326698404,"gmtModify":1676530269371,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"Hope this one will reach 3$ again","listText":"Hope this one will reach 3$ again","text":"Hope this one will reach 3$ again","images":[{"img":"https://static.tigerbbs.com/0dbe4734b29e6b969c856fc36439ccc7","width":"1080","height":"2686"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811289208","isVote":1,"tweetType":1,"viewCount":648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":838491666,"gmtCreate":1629422701355,"gmtModify":1676530034788,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"When will you go up?","listText":"When will you go up?","text":"When will you go up?","images":[{"img":"https://static.tigerbbs.com/3d23dbc315ab42f8ebc862db7626b490","width":"1080","height":"2587"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838491666","isVote":1,"tweetType":1,"viewCount":486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9987101626,"gmtCreate":1667835747865,"gmtModify":1676537971969,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>","listText":"<a href=\"https://ttm.financial/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>","text":"$Exela Technologies, Inc.(XELA)$","images":[{"img":"https://community-static.tradeup.com/news/e05193093420c39d966f678c258ae01d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987101626","isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":818123387,"gmtCreate":1630386359349,"gmtModify":1676530288280,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818123387","repostId":"2163833181","repostType":4,"repost":{"id":"2163833181","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630353642,"share":"https://ttm.financial/m/news/2163833181?lang=&edition=fundamental","pubTime":"2021-08-31 04:00","market":"us","language":"en","title":"S&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2163833181","media":"Reuters","summary":"S&P 500 tracks longest monthly winning streak since 2018.\nS&P 500, Nasdaq end at fresh record highs\n","content":"<p>S&amp;P 500 tracks longest monthly winning streak since 2018.</p>\n<p>S&amp;P 500, Nasdaq end at fresh record highs</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> gains on report it is exploring a stock-trading platform</p>\n<p>Aug 30 (Reuters) - The S&amp;P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.</p>\n<p>Apple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&amp;P 500 and the Dow.</p>\n<p>High-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.</p>\n<p>The benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.</p>\n<p>Fed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.</p>\n<p>\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>\"Some investors are thinking that tapering might not even start this year, but the <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"</p>\n<p>The S&amp;P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.</p>\n<p>It is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&amp;P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite&nbsp;added 136.22 points, or 0.9%, to 15,265.72.</p>\n<p>While U.S. crude prices rose 0.7% on Monday, energy stocks&nbsp;broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.</p>\n<p>Falling bond yields also pressured bank stocks, with the S&amp;P 500 banking index ending down.</p>\n<p>PayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.</p>\n<p>U.S.-listed shares of Chinese gaming firm NetEase Inc&nbsp;slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-31 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>S&amp;P 500 tracks longest monthly winning streak since 2018.</p>\n<p>S&amp;P 500, Nasdaq end at fresh record highs</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> gains on report it is exploring a stock-trading platform</p>\n<p>Aug 30 (Reuters) - The S&amp;P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.</p>\n<p>Apple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&amp;P 500 and the Dow.</p>\n<p>High-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.</p>\n<p>The benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.</p>\n<p>Fed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.</p>\n<p>\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>\"Some investors are thinking that tapering might not even start this year, but the <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"</p>\n<p>The S&amp;P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.</p>\n<p>It is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&amp;P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite&nbsp;added 136.22 points, or 0.9%, to 15,265.72.</p>\n<p>While U.S. crude prices rose 0.7% on Monday, energy stocks&nbsp;broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.</p>\n<p>Falling bond yields also pressured bank stocks, with the S&amp;P 500 banking index ending down.</p>\n<p>PayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.</p>\n<p>U.S.-listed shares of Chinese gaming firm NetEase Inc&nbsp;slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163833181","content_text":"S&P 500 tracks longest monthly winning streak since 2018.\nS&P 500, Nasdaq end at fresh record highs\nPayPal gains on report it is exploring a stock-trading platform\nAug 30 (Reuters) - The S&P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.\nApple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&P 500 and the Dow.\nHigh-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.\nThe benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.\nFed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.\n\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.\n\"Some investors are thinking that tapering might not even start this year, but the one thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"\nThe S&P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.\nIt is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.\nUnofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite added 136.22 points, or 0.9%, to 15,265.72.\nWhile U.S. crude prices rose 0.7% on Monday, energy stocks broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.\nFalling bond yields also pressured bank stocks, with the S&P 500 banking index ending down.\nPayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.\nU.S.-listed shares of Chinese gaming firm NetEase Inc slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.\n(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187670334185696,"gmtCreate":1686845576558,"gmtModify":1686845580765,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"Looks like the bears are gonna make a lot of money by making the retailers sell it to them at discount...","listText":"Looks like the bears are gonna make a lot of money by making the retailers sell it to them at discount...","text":"Looks like the bears are gonna make a lot of money by making the retailers sell it to them at discount...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187670334185696","repostId":"2341081589","repostType":2,"repost":{"id":"2341081589","kind":"highlight","pubTimestamp":1686090618,"share":"https://ttm.financial/m/news/2341081589?lang=&edition=fundamental","pubTime":"2023-06-07 06:30","market":"us","language":"en","title":"Contemplating A Position In Guardforce AI? Here's What You Need To Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2341081589","media":"seekingalpha","summary":"iunderhill/iStock via Getty Images Introduction Guardforce AI (NASDAQ:GFAI) is a Thailand-based integrated security solutions provider (40 years of experience in this field), that made its debut on th","content":"<html><body><p><figure><picture><img height=\"1024px\" loading=\"lazy\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/481242114/image_481242114.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/481242114/image_481242114.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/481242114/image_481242114.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/481242114/image_481242114.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/481242114/image_481242114.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/481242114/image_481242114.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/481242114/image_481242114.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/481242114/image_481242114.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/481242114/image_481242114.jpg?io=getty-c-w240 240w\" width=\"1536px\"/></picture><figcaption><p>iunderhill/iStock via Getty Images</p></figcaption></figure></p> <h2><strong>Introduction</strong></h2> <p>Guardforce AI (<span>NASDAQ:GFAI</span>) is a Thailand-based integrated security solutions provider (40 years of experience in this field), that made its debut on the bourses around 20 months ago. We are not sufficiently moved by this stock, but if<span> you're contemplating a position, here are a few considerations that may abet your decision-making process.</span></p> <h2><strong>Business-Related Considerations</strong></h2> <p>Whilst GFAI wants to position itself as a comprehensive security service entity that protects all sorts of high-value assets, of both public and private sector organizations (see image below for key clients), its roots lie in the field of cash solutions, cash handling, and cash logistics. Beyond the cash expertise, GFAI also offers plain vanilla services such as security alarm systems installations, smart shop management systems (for retailers), and other information security offerings (such as web, mobile, API penetration test, network infrastructure test, etc.)</p> <p><figure contenteditable=\"false\"><picture><span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/6/6/9658941-16860534866431684.png\"/></span></picture><figcaption><p>Company Presentation May 2023</p></figcaption></figure></p> <p>In the next stage of its growth cycle (and what we imagine would ostensibly attract investors to this story), GFAI wants to leverage its foundation, and inculcate AI and robotics offerings, thus offering multiple revenue streams for its existing client base.</p> <p><figure contenteditable=\"false\"><picture><span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/6/6/9658941-16860534879893365.png\"/></span></picture><figcaption><p>Company Presentation May 2023</p></figcaption></figure></p> <p>Management believes there's great scope for AI &amp; RaaS (Robot-as-a-Service) acceptance in entry-level servicing jobs in the hospitality, entertainment, tourism, and real estate industry which is characterized by labor shortages, high labor costs, and non-standardized servicing levels. If RaaS can gain traction, then it also helps shift the texture of revenue to a recurring-rev-based model, which would be taken more favorably. GFAI is also rather enthused about its \"AIoT\" Robot advertising model, but if it is only winning contracts with lengths of less than 6 months, that's clearly nothing to shout home about.</p> <p>Even though some investors may be excited about the prospects of RaaS penetration across various industries (the services robotics market is expected to grow at a CAGR of 15%), they need to consider that currently, the GFAI story is primarily being driven by what's happening on the traditional side of the portfolio; For context, out of the $35.5m of pro forma revenue generated last year, less than 3% came from Robotics and AI, with the rest coming from traditional avenues such as secured logistics, general security, and information security. Given the huge tilt, don't expect a drastic shift in the revenue mix any time soon.</p> <p><figure contenteditable=\"false\"><picture><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/6/6/9658941-16860534891091454.png\"/></picture><figcaption><p>Company Presentation May 2023</p></figcaption></figure></p> <p>Worryingly, GFAI's largest contributor to group revenue-secured logistics (~90% of group revenue) has been witnessing declining revenue growth (down by 10% YoY in FY22, but largely on account of the trajectory of the Thai baht; nonetheless, even on an FX-adjusted basis, revenues were still trending lower YoY).</p> <p>Management attributes this weakness to COVID disruptions and shutdown of certain customer facilities, but even if one were to assume a bounce back in the periods ahead, it's hard to imagine this business putting up growth rates that could whet your appetite; for context, Freedonia Group believes that the traditional security services market will likely only grow at 4% through FY26. In fact, YCharts revenue estimates for GFAI point to a figure of $37m for FY23, implying annual revenue growth of 4%.</p> <h2><strong>Stock-Related Considerations</strong></h2> <p><figure contenteditable=\"false\"><picture><span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/6/6/9658941-16860534795962875.png\"/></span></picture><figcaption><p>YCharts</p></figcaption></figure></p> <p>In light of GFAI's low growth cadence, it is no surprise to discover that the stock is currently priced at a lowly price-to-sales multiple of less than 1x; to be more specific, based on the FY23 estimates, you're looking at a multiple of 0.63x, a 27% premium over the stock's trading history average multiple (0.495x).</p> <p>Also note that since its listing debut in late Sep 2021, the GFAI stock has been a source of wealth destruction; admittedly, most micro-caps have had a rough 1-2 years (the <a href=\"https://laohu8.com/S/EEMA\">iShares</a> Micro-Cap ETF is down by -27% since GFAI's listing date), but GFAI has fared a lot worse, losing -97% of its market-cap since its debut.</p> <p><figure contenteditable=\"false\"><picture><span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/6/6/9658941-16860534809381802.png\"/></span></picture><figcaption><p>YCharts</p></figcaption></figure></p> <p>It isn't just the degree of losses that is a concern, it's also fair to say that GFAI isn't a stock meant for the faint-hearted, as its volatility profile has gone through the roof over time. On an annualized basis, the standard deviation of its monthly returns currently trades at levels of over 83% (this is a lingering issue, as across its entire trading history, the average standard deviation of the GFAI stock has been quite high at 51%).</p> <p><figure contenteditable=\"false\"><picture><span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/6/6/9658941-1686053482250878.png\"/></span></picture><figcaption><p>YCharts</p></figcaption></figure></p> <p>Owners of the GFAI stock will also likely have to deal with plenty of dilution challenges. No matter how attractive the end markets look, at the end of the day, you're looking at a young industrial company that will guzzle a lot of cash during this stage of the lifecycle. For context between FY21 and FY22, the cash on books slumped by 48% and currently only account for 13% of the asset base at $8.2m (note that this figure also includes restricted cash, which leaves them hamstrung even further). To boost its capital resources, you'll see GFAI come up with public offerings every now and then (for instance, in the first week of May, they tapped the markets and raised ~$9m, followed by another offering 10 days later for $14m). In effect, investors should be prepared to deal with significant shifts in the outstanding shares (the image below gives you a sense of the ferocity of the growth seen here).</p> <p><figure contenteditable=\"false\"><picture><span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/6/6/9658941-16860534835090292.png\"/></span></picture><figcaption><p>YCharts</p></figcaption></figure></p> <p>Nonetheless, given this long-standing trend of price erosion, the heightened volatility profile, and the dilution risks, some of you may be hesitant to get on board with GFAI, but we also recognize there could be a fair few, wondering if this is an opportune time to consider a position from a trading perspective.</p> <p>To the latter cohort, we'd say that the stock has been leaving price imprints in the shape of a falling wedge, and since May there appears to be a flattening out of the price action. Meanwhile, the average true range (ATR) of GFAI's weekly prices too appeared to have declined in recent periods, If, you're contemplating a long position using the two boundaries as guideposts, we think the risk-reward looks favorable from a technical angle.</p> <p><figure contenteditable=\"false\"><picture><span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/6/6/9658941-16860534852239676.png\"/></span></picture><figcaption><p>Investing</p></figcaption></figure></p> <p>Having said that, investors should also be aware of the fact that this is a company that has often found it challenging to comply with Nasdaq listing agreements, and earlier this year, they were also forced to do a 1-40 reverse stock split, which certainly does not reflect well from a trading and liquidity angle.</p> <p>Besides, as noted earlier in the article, the narrative is currently largely driven by plain vanilla offerings in security services, and this does not look to be in a great place. All in all, we're not sufficiently convinced that GFAI is compelling enough to be pursued at this juncture.</p> <div></div> <p>Editor's Note: This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","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>Contemplating A Position In Guardforce AI? Here's What You Need To Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nContemplating A Position In Guardforce AI? Here's What You Need To Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-07 06:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4609843-contemplating-position-in-guardforce-ai-heres-what-you-need-to-know><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>iunderhill/iStock via Getty Images Introduction Guardforce AI (NASDAQ:GFAI) is a Thailand-based integrated security solutions provider (40 years of experience in this field), that made its debut on ...</p>\n\n<a href=\"https://seekingalpha.com/article/4609843-contemplating-position-in-guardforce-ai-heres-what-you-need-to-know\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/481242114/image_481242114.jpg","relate_stocks":{"ATR":"Aptar","BK4126":"金属与玻璃容器","GFAI":"GUARDFORCE AI CO., LIMITED","BK4137":"综合支持服务"},"source_url":"https://seekingalpha.com/article/4609843-contemplating-position-in-guardforce-ai-heres-what-you-need-to-know","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2341081589","content_text":"iunderhill/iStock via Getty Images Introduction Guardforce AI (NASDAQ:GFAI) is a Thailand-based integrated security solutions provider (40 years of experience in this field), that made its debut on the bourses around 20 months ago. We are not sufficiently moved by this stock, but if you're contemplating a position, here are a few considerations that may abet your decision-making process. Business-Related Considerations Whilst GFAI wants to position itself as a comprehensive security service entity that protects all sorts of high-value assets, of both public and private sector organizations (see image below for key clients), its roots lie in the field of cash solutions, cash handling, and cash logistics. Beyond the cash expertise, GFAI also offers plain vanilla services such as security alarm systems installations, smart shop management systems (for retailers), and other information security offerings (such as web, mobile, API penetration test, network infrastructure test, etc.) Company Presentation May 2023 In the next stage of its growth cycle (and what we imagine would ostensibly attract investors to this story), GFAI wants to leverage its foundation, and inculcate AI and robotics offerings, thus offering multiple revenue streams for its existing client base. Company Presentation May 2023 Management believes there's great scope for AI & RaaS (Robot-as-a-Service) acceptance in entry-level servicing jobs in the hospitality, entertainment, tourism, and real estate industry which is characterized by labor shortages, high labor costs, and non-standardized servicing levels. If RaaS can gain traction, then it also helps shift the texture of revenue to a recurring-rev-based model, which would be taken more favorably. GFAI is also rather enthused about its \"AIoT\" Robot advertising model, but if it is only winning contracts with lengths of less than 6 months, that's clearly nothing to shout home about. Even though some investors may be excited about the prospects of RaaS penetration across various industries (the services robotics market is expected to grow at a CAGR of 15%), they need to consider that currently, the GFAI story is primarily being driven by what's happening on the traditional side of the portfolio; For context, out of the $35.5m of pro forma revenue generated last year, less than 3% came from Robotics and AI, with the rest coming from traditional avenues such as secured logistics, general security, and information security. Given the huge tilt, don't expect a drastic shift in the revenue mix any time soon. Company Presentation May 2023 Worryingly, GFAI's largest contributor to group revenue-secured logistics (~90% of group revenue) has been witnessing declining revenue growth (down by 10% YoY in FY22, but largely on account of the trajectory of the Thai baht; nonetheless, even on an FX-adjusted basis, revenues were still trending lower YoY). Management attributes this weakness to COVID disruptions and shutdown of certain customer facilities, but even if one were to assume a bounce back in the periods ahead, it's hard to imagine this business putting up growth rates that could whet your appetite; for context, Freedonia Group believes that the traditional security services market will likely only grow at 4% through FY26. In fact, YCharts revenue estimates for GFAI point to a figure of $37m for FY23, implying annual revenue growth of 4%. Stock-Related Considerations YCharts In light of GFAI's low growth cadence, it is no surprise to discover that the stock is currently priced at a lowly price-to-sales multiple of less than 1x; to be more specific, based on the FY23 estimates, you're looking at a multiple of 0.63x, a 27% premium over the stock's trading history average multiple (0.495x). Also note that since its listing debut in late Sep 2021, the GFAI stock has been a source of wealth destruction; admittedly, most micro-caps have had a rough 1-2 years (the iShares Micro-Cap ETF is down by -27% since GFAI's listing date), but GFAI has fared a lot worse, losing -97% of its market-cap since its debut. YCharts It isn't just the degree of losses that is a concern, it's also fair to say that GFAI isn't a stock meant for the faint-hearted, as its volatility profile has gone through the roof over time. On an annualized basis, the standard deviation of its monthly returns currently trades at levels of over 83% (this is a lingering issue, as across its entire trading history, the average standard deviation of the GFAI stock has been quite high at 51%). YCharts Owners of the GFAI stock will also likely have to deal with plenty of dilution challenges. No matter how attractive the end markets look, at the end of the day, you're looking at a young industrial company that will guzzle a lot of cash during this stage of the lifecycle. For context between FY21 and FY22, the cash on books slumped by 48% and currently only account for 13% of the asset base at $8.2m (note that this figure also includes restricted cash, which leaves them hamstrung even further). To boost its capital resources, you'll see GFAI come up with public offerings every now and then (for instance, in the first week of May, they tapped the markets and raised ~$9m, followed by another offering 10 days later for $14m). In effect, investors should be prepared to deal with significant shifts in the outstanding shares (the image below gives you a sense of the ferocity of the growth seen here). YCharts Nonetheless, given this long-standing trend of price erosion, the heightened volatility profile, and the dilution risks, some of you may be hesitant to get on board with GFAI, but we also recognize there could be a fair few, wondering if this is an opportune time to consider a position from a trading perspective. To the latter cohort, we'd say that the stock has been leaving price imprints in the shape of a falling wedge, and since May there appears to be a flattening out of the price action. Meanwhile, the average true range (ATR) of GFAI's weekly prices too appeared to have declined in recent periods, If, you're contemplating a long position using the two boundaries as guideposts, we think the risk-reward looks favorable from a technical angle. Investing Having said that, investors should also be aware of the fact that this is a company that has often found it challenging to comply with Nasdaq listing agreements, and earlier this year, they were also forced to do a 1-40 reverse stock split, which certainly does not reflect well from a trading and liquidity angle. Besides, as noted earlier in the article, the narrative is currently largely driven by plain vanilla offerings in security services, and this does not look to be in a great place. All in all, we're not sufficiently convinced that GFAI is compelling enough to be pursued at this juncture.  Editor's Note: This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032819329,"gmtCreate":1647324939010,"gmtModify":1676534216776,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HQU.SI\">$Oiltek(HQU.SI)$</a>Will it ever come up or just dump?","listText":"<a href=\"https://ttm.financial/S/HQU.SI\">$Oiltek(HQU.SI)$</a>Will it ever come up or just dump?","text":"$Oiltek(HQU.SI)$Will it ever come up or just dump?","images":[{"img":"https://community-static.tradeup.com/news/c9eac9b57ae2b18d4ab3ed404edfa338","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032819329","isVote":1,"tweetType":1,"viewCount":547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":818122481,"gmtCreate":1630386689143,"gmtModify":1676530288383,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"Insightful","listText":"Insightful","text":"Insightful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818122481","repostId":"1122000344","repostType":4,"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818126738,"gmtCreate":1630386607724,"gmtModify":1676530288351,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"Finger crossed","listText":"Finger crossed","text":"Finger crossed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818126738","repostId":"2163381188","repostType":4,"repost":{"id":"2163381188","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1630370460,"share":"https://ttm.financial/m/news/2163381188?lang=&edition=fundamental","pubTime":"2021-08-31 08:41","market":"hk","language":"en","title":"Former Fed official warns of 'urgent' threat of another financial crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=2163381188","media":"Dow Jones","summary":"Don Kohn calls on Congress to pass financial stability mandates for regulators.\n\nInvestors cheered F","content":"<blockquote>\n Don Kohn calls on Congress to pass financial stability mandates for regulators.\n</blockquote>\n<p>Investors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.</p>\n<p>Don Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.</p>\n<p>\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"</p>\n<p>Kohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.</p>\n<p>Despite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.</p>\n<p>What's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.</p>\n<p>Kohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"</p>\n<p>Unlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.</p>\n<p>One strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.</p>\n<p>The Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.</p>\n<p>\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.</p>\n<p>Kohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.</p>\n<p>Kohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.</p>\n<p>\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.</p>\n<p>Kohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.</p>\n<p>\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing this.\"</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>Former Fed official warns of 'urgent' threat of another financial crisis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Fed official warns of 'urgent' threat of another financial crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-31 08:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Don Kohn calls on Congress to pass financial stability mandates for regulators.\n</blockquote>\n<p>Investors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.</p>\n<p>Don Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.</p>\n<p>\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"</p>\n<p>Kohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.</p>\n<p>Despite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.</p>\n<p>What's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.</p>\n<p>Kohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"</p>\n<p>Unlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.</p>\n<p>One strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.</p>\n<p>The Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.</p>\n<p>\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.</p>\n<p>Kohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.</p>\n<p>Kohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.</p>\n<p>\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.</p>\n<p>Kohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.</p>\n<p>\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing this.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163381188","content_text":"Don Kohn calls on Congress to pass financial stability mandates for regulators.\n\nInvestors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.\nDon Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.\n\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"\nKohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.\nDespite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.\nWhat's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.\nKohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being one of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"\nUnlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.\nOne strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks $(XLF)$ to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.\nThe Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.\n\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.\nKohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.\nKohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.\n\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.\nKohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.\n\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing this.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818126260,"gmtCreate":1630386575050,"gmtModify":1676530288359,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"Insightful&nbsp;","listText":"Insightful&nbsp;","text":"Insightful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818126260","repostId":"1170371463","repostType":4,"repost":{"id":"1170371463","kind":"news","pubTimestamp":1630378945,"share":"https://ttm.financial/m/news/1170371463?lang=&edition=fundamental","pubTime":"2021-08-31 11:02","market":"us","language":"en","title":"Affirm Stock Jumps On Amazon \"Buy Now, Pay Later\" E-Commerce Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1170371463","media":"Investors","summary":"Shares in Affirm Holdings, Inc. soared in early trading on Monday amid the consumer financing firm's","content":"<p>Shares in&nbsp;<b><a href=\"https://laohu8.com/S/AFRM\">Affirm Holdings, Inc.</a></b> soared in early trading on Monday amid the consumer financing firm's new partnership with&nbsp;<b><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></b>. The boost for Affirm stock follows&nbsp;<b><a href=\"https://laohu8.com/S/SQ\">Square</a>'s</b> acquisition of Afterpay, which highlighted the growing role of buy now, pay later services at the point of sale.</p>\n<p>Affirm said after the market close on Friday that&nbsp;Amazon is testingAffirm's system of buy now, pay later — also known as BNPL installment payment plans — with some customers. The e-commerce giant plans to make Affirm's BNPL services more broadly available in the coming months.&nbsp;Online retailers generally pay BNPL companies transaction fees of 4% to 5%.</p>\n<p>\"Although it is difficult to forecast the exact impact of this partnership, our first back of the envelope 2022 estimate would be an annual total payment volume contribution of about $7.7 billion, with a potential revenue contribution of $385 million (potentially around 22% of AFRM),\" Deutsche Bank analyst Bryan Keane said in a report to clients. \"Since Amazon will likely bring material volumes, AMZN likely attained attractive pricing especially given the competition for a deal of this size.\"</p>\n<p>Affirm stock soared 47% to close at 99.59 on the&nbsp;stock market today. AFRM stock launched an initial public offering in January. Amazon stock climbed 2.2% to 3,421.57.</p>\n<p>Affirm stock reports fiscal fourth-quarter earnings on Sept. 9.</p>\n<p>Affirm also provides BNPL services to Amazon rival&nbsp;<b><a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a></b>. BNPL services generally split payments into three or four equal installments over two months or less. Walmart and Affirm, though, stretch out some BNPL plans to 18 and 24 months.</p>\n<p><b>Affirm Stock: Biggest Customer Is Peloton</b></p>\n<p>Consumers typically use BNPL installments when buying items such as electronics and furniture. BNPL service providers generally split payments into three or four equal installments. Consumers avoid interest and transaction fees if they pay on time.</p>\n<p>Affirm's biggest customer has been home fitness giant<b>Peloton Interactive</b>(PTON), which makes pricey treadmills and stationary bikes. Other Affirm customers include<b><a href=\"https://laohu8.com/S/JWN\">Nordstrom</a></b>(JWN), privately held Neiman <a href=\"https://laohu8.com/S/MCS\">Marcus</a>,<b>Dick's Sporting Goods</b>(DKS), and<b><a href=\"https://laohu8.com/S/WSM\">Williams-Sonoma</a></b>(WSM).</p>\n<p>Square on Aug. 1 acquired Afterpay in a $29 billion all-stock deal. AFRM stock rose on the Square purchase of Afterpay on speculation it could also be a takeover target.</p>\n<p>As of Friday's market close, Affirm stock had aRelative Strength Ratingof only 13 out of a possible 99, according toIBD Stock Checkup.</p>","source":"lsy1610449120050","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>Affirm Stock Jumps On Amazon \"Buy Now, Pay Later\" E-Commerce Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAffirm Stock Jumps On Amazon \"Buy Now, Pay Later\" E-Commerce Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 11:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/technology/affirm-stock-jumps-on-amazon-buy-now-pay-later-ecommerce-deal/?src=A00220><strong>Investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares in Affirm Holdings, Inc. soared in early trading on Monday amid the consumer financing firm's new partnership with Amazon.com. The boost for Affirm stock follows Square's acquisition of ...</p>\n\n<a href=\"https://www.investors.com/news/technology/affirm-stock-jumps-on-amazon-buy-now-pay-later-ecommerce-deal/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","AMZN":"亚马逊","AFRM":"Affirm Holdings, Inc."},"source_url":"https://www.investors.com/news/technology/affirm-stock-jumps-on-amazon-buy-now-pay-later-ecommerce-deal/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170371463","content_text":"Shares in Affirm Holdings, Inc. soared in early trading on Monday amid the consumer financing firm's new partnership with Amazon.com. The boost for Affirm stock follows Square's acquisition of Afterpay, which highlighted the growing role of buy now, pay later services at the point of sale.\nAffirm said after the market close on Friday that Amazon is testingAffirm's system of buy now, pay later — also known as BNPL installment payment plans — with some customers. The e-commerce giant plans to make Affirm's BNPL services more broadly available in the coming months. Online retailers generally pay BNPL companies transaction fees of 4% to 5%.\n\"Although it is difficult to forecast the exact impact of this partnership, our first back of the envelope 2022 estimate would be an annual total payment volume contribution of about $7.7 billion, with a potential revenue contribution of $385 million (potentially around 22% of AFRM),\" Deutsche Bank analyst Bryan Keane said in a report to clients. \"Since Amazon will likely bring material volumes, AMZN likely attained attractive pricing especially given the competition for a deal of this size.\"\nAffirm stock soared 47% to close at 99.59 on the stock market today. AFRM stock launched an initial public offering in January. Amazon stock climbed 2.2% to 3,421.57.\nAffirm stock reports fiscal fourth-quarter earnings on Sept. 9.\nAffirm also provides BNPL services to Amazon rival Wal-Mart. BNPL services generally split payments into three or four equal installments over two months or less. Walmart and Affirm, though, stretch out some BNPL plans to 18 and 24 months.\nAffirm Stock: Biggest Customer Is Peloton\nConsumers typically use BNPL installments when buying items such as electronics and furniture. BNPL service providers generally split payments into three or four equal installments. Consumers avoid interest and transaction fees if they pay on time.\nAffirm's biggest customer has been home fitness giantPeloton Interactive(PTON), which makes pricey treadmills and stationary bikes. Other Affirm customers includeNordstrom(JWN), privately held Neiman Marcus,Dick's Sporting Goods(DKS), andWilliams-Sonoma(WSM).\nSquare on Aug. 1 acquired Afterpay in a $29 billion all-stock deal. AFRM stock rose on the Square purchase of Afterpay on speculation it could also be a takeover target.\nAs of Friday's market close, Affirm stock had aRelative Strength Ratingof only 13 out of a possible 99, according toIBD Stock Checkup.","news_type":1},"isVote":1,"tweetType":1,"viewCount":434,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818121639,"gmtCreate":1630386445521,"gmtModify":1676530288304,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"When will you go up!!!","listText":"When will you go up!!!","text":"When will you go up!!!","images":[{"img":"https://static.tigerbbs.com/52ca32f937df2761cac25ce8c8ebf7e3","width":"1080","height":"2587"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818121639","isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":811289208,"gmtCreate":1630326698404,"gmtModify":1676530269371,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"Hope this one will reach 3$ again","listText":"Hope this one will reach 3$ again","text":"Hope this one will reach 3$ again","images":[{"img":"https://static.tigerbbs.com/0dbe4734b29e6b969c856fc36439ccc7","width":"1080","height":"2686"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811289208","isVote":1,"tweetType":1,"viewCount":648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":838491666,"gmtCreate":1629422701355,"gmtModify":1676530034788,"author":{"id":"3563143729664530","authorId":"3563143729664530","name":"prabu","avatar":"https://static.tigerbbs.com/558da9e3759d69fb6e162aed0e484183","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563143729664530","authorIdStr":"3563143729664530"},"themes":[],"htmlText":"When will you go up?","listText":"When will you go up?","text":"When will you go up?","images":[{"img":"https://static.tigerbbs.com/3d23dbc315ab42f8ebc862db7626b490","width":"1080","height":"2587"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838491666","isVote":1,"tweetType":1,"viewCount":486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}