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2021-08-23

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The Federal Reserve will continue to discuss "scaling back bond purchases" at the Jackson Hole meeting.

2021-08-23

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Goldman Sachs: The worst is over and the lost decade of emerging markets is over

2021-07-02

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Last night and this morning: The S&P 500 hit its 34th all-time high this year!

2021-06-11

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A terrible shock may arrive in September! New Bond King: Massive quantitative easing severely distorts the economy

2021-06-09

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JOLTS surpasses 9 million, setting another new record.

2021-05-24

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2021-05-21

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2021-05-16

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Last night and this morning: Technology led a two-day rebound in US stocks, while Tesla fell 12% this week.

2021-05-11

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The results of the seventh national population census have been released! The country's total population is 1,411.78 million.

2021-05-04

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Bill Gates announces divorce! How much does it cost for a super-rich person to get a divorce?

2021-04-15

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Both are about tapering QE. How will this time be different from eight years ago?

2021-04-13

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2021-04-08

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Buy Chinese concept stocks at the bottom! Munger has his eye on Alibaba, and the "female version of Buffett" increases his holdings in Baidu.

2021-04-06

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April is the best month for US stocks in 20 years! Could the non-farm payrolls data surge ignite a new market trend?

2021-04-04

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2021-03-30

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With the Federal Reserve and the market increasingly diverging, how will this affect asset allocation?

2021-03-26

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2021-03-25

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Ma Huateng's First Response to Anti-Monopoly: Actively Cooperate with Regulation

2021-03-25

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Is Japan the culprit behind the "riot" in US Treasury yields? The situation may reverse in April.

2021-03-24

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Adobe achieved record revenue in its first fiscal quarter, with net profit increasing by 32% year-over-year.

Go to Tiger App to see more news

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00:58","market":"us","language":"zh","title":"The Federal Reserve will continue to discuss \"scaling back bond purchases\" at the Jackson Hole meeting.","url":"https://stock-news.laohu8.com/highlight/detail?id=2161479737","media":"新浪财经","summary":"由于新冠疫情的风险，一年一度的杰克逊霍尔全球央行年会将于8月26日至28日在线上举行，这是连续第二年在线上举行。美联储官员将面临压力，要求他们在不引发市场恐慌的情况下，温和地减少政策支持。　　美联储官员在最近的多次讲话和采访中，已经设法加快了人们对他们何时开始缓慢削减每月1200亿美元债券购买计划的预期，预计在本周四开始的年度研讨会上将有更多的讨论。","content":"<p><img src=\"https://static.tigerbbs.com/8a03cdd3de4f9b3834557cba97cc285d\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Due to the risk of the COVID-19 pandemic, the annual Jackson Hole Global Central Bank Meeting will be held online from August 26 to 28, marking the second consecutive year that it has been held online. Federal Reserve officials will face pressure to moderately reduce policy support without triggering market panic.</p><p>In recent speeches and interviews, Federal Reserve officials have managed to accelerate expectations about when they will begin slowly tapering their $120 billion monthly bond-buying program, with more discussion expected at the annual seminar, which begins this Thursday.</p><p>Speeches by Federal Reserve chairmen are typically a highlight of annual events, and several Fed chairmen have delivered important messages at the Jackson Hole Global Central Bank Annual Meeting in Wyoming. The question is whether Powell will provide more details in his speech Friday morning about the Federal Reserve potentially starting to cancel its bond-buying program, or even whether he himself is ready to embrace it.</p><p>\"We do not expect any major policy announcements at this meeting,\"<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Mark Cabana, head of short strategy in the United States, said. He said, \"I don't think Powell wants to chair the meeting before the September meeting because there are countless voices outside right now. I don't think now is the time for Powell to really want to make a splash.\"</p><p><b>The Federal Reserve and the Market</b></p><p>The Federal Reserve's moves will be paramount, and investors will be closely watching how the economy copes with the spread of the coronavirus variant. The stock market has declined over the past week, with the S&P 500 falling 0.6%.</p><p>The Federal Reserve's seminar may experience some volatility, as the minutes of its last official meeting, released last Tuesday, unsettled investors. The meeting minutes stated that most members of the Federal Open Market Committee (fomc) are prepared to scale back bond purchases this year if the economy is strong enough. Cabana said he changed his mind after the data was released and now expects the Federal Reserve to begin tapering its bond purchases in November, instead of January next year.</p><p>As for Powell, \"He will not announce a reduction in bond purchases. We expect him to give a speech talking about a lot of progress since the start of the COVID-19 pandemic, and there really has been a lot of progress,\" Cabana said. He said Powell is likely to reiterate that the Fed's decision to taper its bond purchases will depend on data, and many Fed officials believe the Fed may make sufficient progress toward that goal later this year.</p><p>The meeting minutes triggered market volatility, and investors reacted accordingly to news that the Federal Reserve might take the first step of gradually phasing out its excessive policies used to combat the impact of the pandemic. Reducing the bond-buying program may take months, but once it ends, it could herald the beginning of a rate hike.</p><p>Diane Swonk, chief economist at Grant Thornton, said Powell should provide a roadmap for how the Federal Reserve will taper, but it should be noted that shrinking balance sheet’s course could be changed if the COVID-19 pandemic becomes severe.</p><p>“The asset purchases were initially intended to stabilize financial conditions… Given the rhetoric (Fed officials) have been making since then, the consensus reached now is clearly stronger than at the last meeting in July.” “They want to reduce asset purchases. But right now they’re not putting on the brakes. They’re just lifting their foot off the gas. It’s important for Powell to make this distinction at the Jackson Hole meeting.”</p><p><img referrerpolicy=\"no-referrer\">Massive amounts of information and accurate interpretation are available here.<a href=\"https://laohu8.com/S/SINA\">Sina</a>Financial APP</p><p>Editor: Qi Qiqi</p>","source":"sina","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Federal Reserve will continue to discuss \"scaling back bond purchases\" at the Jackson Hole meeting.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Federal Reserve will continue to discuss \"scaling back bond purchases\" at the Jackson Hole meeting.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-08-23 00:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/8a03cdd3de4f9b3834557cba97cc285d\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Due to the risk of the COVID-19 pandemic, the annual Jackson Hole Global Central Bank Meeting will be held online from August 26 to 28, marking the second consecutive year that it has been held online. Federal Reserve officials will face pressure to moderately reduce policy support without triggering market panic.</p><p>In recent speeches and interviews, Federal Reserve officials have managed to accelerate expectations about when they will begin slowly tapering their $120 billion monthly bond-buying program, with more discussion expected at the annual seminar, which begins this Thursday.</p><p>Speeches by Federal Reserve chairmen are typically a highlight of annual events, and several Fed chairmen have delivered important messages at the Jackson Hole Global Central Bank Annual Meeting in Wyoming. The question is whether Powell will provide more details in his speech Friday morning about the Federal Reserve potentially starting to cancel its bond-buying program, or even whether he himself is ready to embrace it.</p><p>\"We do not expect any major policy announcements at this meeting,\"<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Mark Cabana, head of short strategy in the United States, said. He said, \"I don't think Powell wants to chair the meeting before the September meeting because there are countless voices outside right now. I don't think now is the time for Powell to really want to make a splash.\"</p><p><b>The Federal Reserve and the Market</b></p><p>The Federal Reserve's moves will be paramount, and investors will be closely watching how the economy copes with the spread of the coronavirus variant. The stock market has declined over the past week, with the S&P 500 falling 0.6%.</p><p>The Federal Reserve's seminar may experience some volatility, as the minutes of its last official meeting, released last Tuesday, unsettled investors. The meeting minutes stated that most members of the Federal Open Market Committee (fomc) are prepared to scale back bond purchases this year if the economy is strong enough. Cabana said he changed his mind after the data was released and now expects the Federal Reserve to begin tapering its bond purchases in November, instead of January next year.</p><p>As for Powell, \"He will not announce a reduction in bond purchases. We expect him to give a speech talking about a lot of progress since the start of the COVID-19 pandemic, and there really has been a lot of progress,\" Cabana said. He said Powell is likely to reiterate that the Fed's decision to taper its bond purchases will depend on data, and many Fed officials believe the Fed may make sufficient progress toward that goal later this year.</p><p>The meeting minutes triggered market volatility, and investors reacted accordingly to news that the Federal Reserve might take the first step of gradually phasing out its excessive policies used to combat the impact of the pandemic. Reducing the bond-buying program may take months, but once it ends, it could herald the beginning of a rate hike.</p><p>Diane Swonk, chief economist at Grant Thornton, said Powell should provide a roadmap for how the Federal Reserve will taper, but it should be noted that shrinking balance sheet’s course could be changed if the COVID-19 pandemic becomes severe.</p><p>“The asset purchases were initially intended to stabilize financial conditions… Given the rhetoric (Fed officials) have been making since then, the consensus reached now is clearly stronger than at the last meeting in July.” “They want to reduce asset purchases. But right now they’re not putting on the brakes. They’re just lifting their foot off the gas. It’s important for Powell to make this distinction at the Jackson Hole meeting.”</p><p><img referrerpolicy=\"no-referrer\">Massive amounts of information and accurate interpretation are available here.<a href=\"https://laohu8.com/S/SINA\">Sina</a>Financial APP</p><p>Editor: Qi Qiqi</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-08-23/doc-ikqcfncc4386896.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8a03cdd3de4f9b3834557cba97cc285d","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时",".IXIC":"NASDAQ Composite","SQQQ":"纳指三倍做空ETF","PSQ":"做空纳斯达克100指数ETF-ProShares",".SPX":"S&P 500 Index","SDOW":"三倍做空道指30ETF-ProShares","SPY":"标普500ETF","TQQQ":"纳指三倍做多ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","DOG":"道指ETF-ProShares做空","SDS":"两倍做空标普500 ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","DDM":"2倍做多道指ETF-ProShares","OEX":"标普100","SH":"做空标普500-Proshares","IVV":"标普500ETF-iShares","DJX":"1/100道琼斯","UPRO":"三倍做多标普500ETF-ProShares","UDOW":"三倍做多道指30ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","OEF":"标普100指数ETF-iShares","QQQ":"纳指100ETF",".DJI":"道琼斯"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-08-23/doc-ikqcfncc4386896.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2161479737","content_text":"由于新冠疫情的风险，一年一度的杰克逊霍尔全球央行年会将于8月26日至28日在线上举行，这是连续第二年在线上举行。美联储官员将面临压力，要求他们在不引发市场恐慌的情况下，温和地减少政策支持。\n美联储官员在最近的多次讲话和采访中，已经设法加快了人们对他们何时开始缓慢削减每月1200亿美元债券购买计划的预期，预计在本周四开始的年度研讨会上将有更多的讨论。\n美联储主席的讲话通常是年度活动的亮点，美联储的多位主席都曾在怀俄明州的杰克逊霍尔全球央行年会发送重要信息。问题在于，鲍威尔是否会在周五早间的讲话中提供更多美联储可能开始取消债券购买计划的细节，甚至他本人是否准备好接受这一计划。\n“我们预计此次会议不会公布重大政策，”美国银行美国空头策略主管Mark Cabana表示。他说：“我不认为鲍威尔想在9月份的会议之前主持会议，因为外界现在有无数的声音。我不认为现在是鲍威尔真正想引起轰动的时候。”\n美联储和市场\n美联储的动向将是最重要的，投资者也将密切关注经济如何应对新冠病毒变种的传播。过去一周股市走低，标普500指数下跌0.6%。\n美联储的研讨会可能会出现一些波动，因为上周二公布的上次官方会议纪要令投资者感到不安。会议纪要称，如果经济足够强劲，联邦公开市场委员会（fomc）的大多数成员都准备在今年缩减购债规模。Cabana表示，在该数据发布后，他改变了看法，现在预计美联储将在11月开始缩减购债规模，而不是明年1月。\n至于鲍威尔，“他不会宣布缩减购债规模。我们预计，他将进行演讲，谈论自新冠疫情开始以来取得的很多进展，确实有很多进展。”Cabana说道。他说，鲍威尔可能会重申，美联储缩减购债规模的决定将依赖于数据，而且许多美联储官员相信，美联储在今年晚些时候可能会朝着这一目标取得足够的进展。\n会议纪要引发市场震荡，针对美联储可能将采取第一步措施，逐步取消其用于抗击疫情影响的超量政策的消息，投资者也有了相应的反应。缩减购债计划可能需要数月时间，但一旦结束，可能预示着加息的开始。\n均富（Grant Thornton）首席经济学家Diane Swonk表示，鲍威尔应该为美联储会如何缩减提供一个路线图，但要注意的是，如果新冠疫情变得严重，缩表的路线可以被改变。\n“购买资产最初是为了稳定金融状况……考虑到（美联储官员）自那时以来一直在发表言论，现在达成的共识显然比7月上次会议上更强烈。”“他们希望减少资产购买。但目前他们没有踩刹车。他们只是把脚从油门上抬了起来。对于鲍威尔来说，在杰克逊霍尔会议提出这种不同之处是很重要的。”\n海量资讯、精准解读，尽在新浪财经APP\n责任编辑：戚琦琦","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SDS":0.9,"OEX":0.9,".IXIC":0.9,"QLD":0.9,"TQQQ":0.9,"SPXU":0.9,".SPX":0.9,"QQQ":0.9,"SDOW":0.9,"DJX":0.9,"ESmain":0.9,"PSQ":0.9,"QID":0.9,"UPRO":0.9,"NQmain":0.9,"SPY":0.9,"IVV":0.9,"SH":0.9,"DDM":0.9,"UDOW":0.9,"DOG":0.9,"SSO":0.9,"SQQQ":0.9,"MNQmain":0.9,"DXD":0.9,"OEF":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":4427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832451798,"gmtCreate":1629676129514,"gmtModify":1676530090409,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/832451798","repostId":"2161216747","repostType":4,"repost":{"id":"2161216747","kind":"news","pubTimestamp":1629666180,"share":"https://ttm.financial/m/news/2161216747?lang=en_US&edition=fundamental","pubTime":"2021-08-23 05:03","market":"us","language":"zh","title":"Goldman Sachs: The worst is over and the lost decade of emerging markets is over","url":"https://stock-news.laohu8.com/highlight/detail?id=2161216747","media":"新浪财经","summary":"大宗商品价格上涨和收益增长预期引发了对新兴市场股票的看涨押注。此前10多年，新兴市场股票表现不佳，使其相对于发达国家股票的表现接近20年低点。南非、俄罗斯和巴西等市场将从中受益。　　然后，世界爆发了新冠疫情，尽管股市从2020年3月的低点开始强劲反弹，但新兴市场的股市再次落后。美联储的会议记录还导致大宗商品价格下跌。　　同时，并不是所有人都相信最糟糕的时期已经过去。","content":"<p>Rising commodity prices and expectations of earnings growth have triggered bullish bets on emerging market stocks. Over the previous decade, emerging market stocks had underperformed, bringing their performance relative to developed country stocks close to a 20-year low.</p><p><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Group Goldman Sachs Group Inc.,<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Bank of America Corp (BAC-N) and Lazard Asset Management expect investors to capitalize on undervaluations to help the global economy recover from the pandemic once a vaccine is rolled out, which will boost stocks in developing countries. Markets such as South Africa, Russia and Brazil will benefit from this.</p><p>In the 10 years following the global financial crisis,<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>Capital International's emerging markets index rose just 8%, while the benchmark index in developed countries more than doubled.</p><p>Then, the world was hit by the COVID-19 pandemic, and although stock markets began to rebound strongly from their lows in March 2020, emerging market stock markets lagged behind again. The MSCI Developed Markets Index has returned about 14% since the beginning of 2021, while the Emerging Markets Index has fallen 5%.</p><p>This situation may change in the coming months as the global economic recovery strengthens, inflation increases, and raw material prices continue to rise, driven by infrastructure projects in various countries.</p><p>There are signs that the transformation has begun. Bank of America stated that since March of this year, capital flows to emerging market stocks in Eastern Europe, the Middle East, and Africa have accelerated, exceeding inflows into bond funds and reaching the highest level since 2014.</p><p>Lazard stated that although emerging market GDP growth lagged behind developed countries in 2021, this situation may begin to change in the fourth quarter as economic activity in developed economies begins to slow and commodity prices rise.</p><p>The outstanding performance of the U.S. stock market over the past decade has been largely due to the abundant liquidity provided by the Federal Reserve, much of which has failed to reach emerging markets. When liquidity disappears, stock markets around the world may suffer a temporary shock, but the United States will lose its advantage. This supports the view that emerging market stocks may perform well in a post-stimulus world.</p><p>Stock markets in developing countries fell along with global stock markets after the Federal Reserve hinted that it might begin tapering its stimulus measures later this year, demonstrating their sensitivity to the prospect of tapering bond purchases. The minutes of the Federal Reserve meeting also caused commodity prices to fall.</p><p>At the same time, not everyone believes that the worst is over.<a href=\"https://laohu8.com/S/BLK\">BlackRock</a>The Investment Research Institute downgraded emerging market stocks to neutral earlier this month due to uncertainty about the dollar outlook and tightening policies.</p>","source":"sina","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>Goldman Sachs: The worst is over and the lost decade of emerging markets is over</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs: The worst is over and the lost decade of emerging markets is over\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-08-23 05:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Rising commodity prices and expectations of earnings growth have triggered bullish bets on emerging market stocks. Over the previous decade, emerging market stocks had underperformed, bringing their performance relative to developed country stocks close to a 20-year low.</p><p><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Group Goldman Sachs Group Inc.,<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Bank of America Corp (BAC-N) and Lazard Asset Management expect investors to capitalize on undervaluations to help the global economy recover from the pandemic once a vaccine is rolled out, which will boost stocks in developing countries. Markets such as South Africa, Russia and Brazil will benefit from this.</p><p>In the 10 years following the global financial crisis,<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>Capital International's emerging markets index rose just 8%, while the benchmark index in developed countries more than doubled.</p><p>Then, the world was hit by the COVID-19 pandemic, and although stock markets began to rebound strongly from their lows in March 2020, emerging market stock markets lagged behind again. The MSCI Developed Markets Index has returned about 14% since the beginning of 2021, while the Emerging Markets Index has fallen 5%.</p><p>This situation may change in the coming months as the global economic recovery strengthens, inflation increases, and raw material prices continue to rise, driven by infrastructure projects in various countries.</p><p>There are signs that the transformation has begun. Bank of America stated that since March of this year, capital flows to emerging market stocks in Eastern Europe, the Middle East, and Africa have accelerated, exceeding inflows into bond funds and reaching the highest level since 2014.</p><p>Lazard stated that although emerging market GDP growth lagged behind developed countries in 2021, this situation may begin to change in the fourth quarter as economic activity in developed economies begins to slow and commodity prices rise.</p><p>The outstanding performance of the U.S. stock market over the past decade has been largely due to the abundant liquidity provided by the Federal Reserve, much of which has failed to reach emerging markets. When liquidity disappears, stock markets around the world may suffer a temporary shock, but the United States will lose its advantage. This supports the view that emerging market stocks may perform well in a post-stimulus world.</p><p>Stock markets in developing countries fell along with global stock markets after the Federal Reserve hinted that it might begin tapering its stimulus measures later this year, demonstrating their sensitivity to the prospect of tapering bond purchases. The minutes of the Federal Reserve meeting also caused commodity prices to fall.</p><p>At the same time, not everyone believes that the worst is over.<a href=\"https://laohu8.com/S/BLK\">BlackRock</a>The Investment Research Institute downgraded emerging market stocks to neutral earlier this month due to uncertainty about the dollar outlook and tightening policies.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/world/2021-08-23/doc-ikqcfncc4401952.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3a7d208683cff9046f5b2ec49bb73add","relate_stocks":{"GS":"高盛"},"source_url":"https://finance.sina.com.cn/world/2021-08-23/doc-ikqcfncc4401952.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2161216747","content_text":"大宗商品价格上涨和收益增长预期引发了对新兴市场股票的看涨押注。此前10多年，新兴市场股票表现不佳，使其相对于发达国家股票的表现接近20年低点。\n高盛集团（Goldman Sachs Group Inc．）、美国银行（$Bank of America Corp(BAC-N)$．）和拉扎德资产管理公司（Lazard Asset Management）预计，一旦疫苗推出，投资者将利用低估值，帮助全球经济从疫情中复苏，这将提振发展中国家的股票。南非、俄罗斯和巴西等市场将从中受益。\n在全球金融危机爆发后的10年里，摩根士丹利资本国际的新兴市场股指仅上涨了8%，而发达国家的基准股指则上涨了一倍多。\n然后，世界爆发了新冠疫情，尽管股市从2020年3月的低点开始强劲反弹，但新兴市场的股市再次落后。MSCI发达市场股指自2021年初以来的回报率约为14%，而新兴市场股指则下跌了5%。\n而在未来几个月，随着全球经济复苏势头增强、通胀加剧、各国基础设施项目推动的原材料价格持续上涨，这种情况可能会改变。\n有迹象表明，转变已经开始。美银表示，自今年3月以来，随着投资者转向价值型股票，东欧、中东和非洲新兴市场股市的资本流动加速，超过了流入债券基金的资金，为2014年以来的最高水平。\n拉扎德表示，尽管新兴市场的GDP增速在2021年落后于发达国家，但随着发达经济体的经济活动开始放缓以及大宗商品价格上涨，这种情况可能在第四季度就会开始改变。\n在过去的十年里，美国股市的优异表现在很大程度上与美联储提供的大量流动性有关，而这些流动性大多未能到达新兴市场。当流动性消失时，世界各地的股市可能会遭受暂时的冲击，但美国将失去其优势。这支持了新兴市场股市在刺激结束后的世界中可能表现出色的观点。\n在美联储暗示可能从今年晚些时候开始削减刺激措施后，发展中国家的股市与全球股市一道走低，这也证明了它们对缩减购债规模前景的敏感性。美联储的会议记录还导致大宗商品价格下跌。\n同时，并不是所有人都相信最糟糕的时期已经过去。贝莱德投资研究所本月早些时候将新兴市场股票评级下调至中性，原因是美元前景的不确定性和政策收紧。","news_type":1,"symbols_score_info":{"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":4696,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156051862,"gmtCreate":1625187453156,"gmtModify":1703737890407,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":",,??","listText":",,??","text":",,??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156051862","repostId":"1118701671","repostType":4,"repost":{"id":"1118701671","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625183640,"share":"https://ttm.financial/m/news/1118701671?lang=en_US&edition=fundamental","pubTime":"2021-07-02 07:54","market":"hk","language":"zh","title":"Last night and this morning: The S&P 500 hit its 34th all-time high this year!","url":"https://stock-news.laohu8.com/highlight/detail?id=1118701671","media":"老虎资讯综合","summary":"摘要：美股三大指数周四全线收涨，标普500指数续创历史新高；中概股多数下跌，叮咚买菜大跌15％，滴滴市值却一夜飙升700亿；投资者预计价值股下半年将引领美股走势，通胀仍是市场最大风险。\n\n海外市场\n1","content":"<p>Abstract: All three major U.S. stock indexes closed higher on Thursday, with the S&P 500 continuing to hit a new all-time high; Most Chinese concept stocks fell.<a href=\"https://laohu8.com/S/DDL\">ding-dong</a>While grocery prices plummeted 15%, Didi's market value surged by 70 billion yuan overnight. Investors expect value stocks to lead US stocks in the second half of the year, while inflation remains the biggest risk to the market. Overseas markets</p><p>1. US stocks closed higher across the board, with the S&P 500 hitting a new high for the sixth consecutive day and Didi surging nearly 16%.</p><p>All three major U.S. stock indexes closed higher on Thursday, with the S&P 500 hitting a new all-time high for the sixth consecutive day. Investors are closely watching the U.S. non-farm payroll report and the progress of Biden's new infrastructure plan. The fear index VIX fell 2.21% to 15.48 points. At the close, the Dow Jones Industrial Average rose 0.38%; The Nasdaq rose 0.13%; The S&P 500 rose 0.52%.</p><p>Didi's stock price surged 15.98% and was included in the MSCI China All Stock Index.<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It fell 1.71%, with June deliveries reaching a record high of 6,565 units.<a href=\"https://laohu8.com/S/NIO\">Nio</a>It fell 4.32%, with a record high of 8,083 units delivered in June. Dingdong Maicai's stock price fell 14.96%, after surging 62.84% the day before.</p><p>2. Most Chinese concept stocks fell, with Dingdong Maicai plunging 15%, while Didi's market capitalization surged by 70 billion yuan overnight.</p><p>Pupu Culture, which surged 400% on its first day of trading, closed up nearly 98% the following day. Didi surged 15.98% on Thursday, with its market capitalization soaring by $10.8 billion (approximately RMB 70 billion), bringing its total market capitalization to $78.6 billion.</p><p>On the list of decliners, Dingdong Maicai, which surged 63% in the previous trading day, fell nearly 15% on Thursday, and TuSimple Future fell more than 11%.<a href=\"https://laohu8.com/S/JD\">JD.com</a>It fell nearly 3%.</p><p>3. European stocks closed higher across the board, with Eurozone manufacturing activity growing at its fastest pace on record.</p><p>European stocks closed higher across the board on Thursday as investors anticipated an economic recovery in the continent in the second half of 2021. The pan-European Stoxx 600 index closed up 0.62%. Tourism and leisure stocks led the gains, rising 2%. The optimism in European markets differed from the overnight trend in the Asia-Pacific region, where markets fell as a private survey showed that factory activity growth in China slowed in June.</p><p>4. US crude oil surged 2.4%, hitting a new closing high in nearly three years! Break through the $75 mark</p><p>Crude oil futures prices closed sharply higher on Thursday, with U.S. crude oil futures prices breaking through the $75 per barrel mark for the first time since October 2018. Traders are awaiting a decision by OPEC and its allies (collectively known as \"OPEC+\") to further ease production cuts in response to growing demand from the global economy.</p><p>5. Gold prices closed up 0.3%, marking their second consecutive gain! The US dollar exchange rate fell from a three-month high.</p><p>Gold futures closed slightly higher on Thursday, marking their second consecutive gain, as the dollar retreated slightly from a three-month high reached the previous trading day. Gold futures for August delivery on the New York Mercantile Exchange rose $5.20 to settle at $1,776.80 an ounce, a gain of 0.3%, after the contract also closed up 0.5% on Wednesday.</p><p>International macro</p><p>1. Investors expect value stocks to lead the US stock market in the second half of the year, while inflation remains the biggest risk to the market.</p><p>A recent survey shows that Wall Street investors believe that \"affordable and economically sensitive stocks will regain market leadership in the second half of 2021.\" Inflation remains the hottest topic of debate on Wall Street today, as its duration could determine the success or failure of the stock market by mid-2021.</p><p>2. The U.S. House of Representatives approved a $715 billion infrastructure bill; Congress hopes to complete comprehensive infrastructure legislation in September.</p><p>The Democratic-controlled U.S. House of Representatives approved a $715 billion bill for surface transportation and water infrastructure. Democrats believe this is the first step Congress hopes to complete comprehensive infrastructure legislation in September. This bill includes provisions from President Biden's initial $2.3 trillion infrastructure plan, authorizing increased spending on infrastructure such as roads, bridges, highway safety, railways, and transportation.</p><p>3. What will become of the US stock market in July? Analysts make three predictions</p><p>June gave U.S. stocks some breathing room after the end of the first-quarter earnings season. Investors' attention turned to inflation, employment, and the Federal Reserve. But what will happen to the US stock market in July? In response, senior Wall Street analysts made three predictions. The market still needs bad economic news; The airline and hotel industries will face even more difficult challenges; The earnings season will begin with mixed results.</p><p>4. The OPEC+ Committee recommends gradually increasing oil production for the remainder of this year.</p><p>The OPEC+ Ministerial Committee recommended gradually increasing oil production by the end of the year, thereby paving the way for the organization to reach an agreement. Even with oil prices at two-year highs, this move will still allow the organization to firmly control supply.</p><p>5. IMF: The Federal Reserve could have rate hike by the end of 2022 at the latest.</p><p>The International Monetary Fund (IMF) points out that because large-scale government spending has kept inflation above the central bank's long-term average target, the Federal Reserve may need to begin rate hike as early as the end of 2022 or 2023.</p><p>6. The Federal Reserve is trying to avoid an inflation crisis, but controlling inflation expectations is extremely difficult.</p><p>Federal Reserve Chairman Jerome Powell said that controlling inflation expectations is key to achieving the central bank's dual goals of stabilizing prices and maximizing employment. The problem is that as the economy recovers from the COVID-19 pandemic, it remains to be seen whether the Federal Reserve can do so. Consumer expectations may vary greatly depending on age and gender, and they are less sensitive to the words and actions of the Federal Reserve.</p><p>7. Supply chain challenges and material shortages continue to plague US manufacturers, leading to their sharpest price increase in 42 years.</p><p>For a long time, American manufacturers have struggled with supply chain challenges and material shortages. Now, these two persistent problems are also reflected in prices: manufacturers are reporting their biggest price increase in June in 42 years.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2148887829\" target=\"_blank\">Newly listed stock Pupu Culture surged over 129%, triggering a circuit breaker at one point.</a></p><p>On July 1, newly listed stock Pupu Culture surged sharply, soaring nearly 140% before triggering a circuit breaker again. As of 22:11 Beijing time, the stock rose more than 129% to $69.39 after trading resumed. The stock surged 405% on its first day of trading yesterday, triggering a temporary trading suspension seven times during the session.</p><p>2、<a href=\"https://laohu8.com/NW/2148492822\" target=\"_blank\">Didi's stock price surged nearly 16% on its second day of listing, reaching a market capitalization of $78.6 billion.</a></p><p>On its first day of trading on the New York Stock Exchange yesterday, Didi opened at $18, up 28.5% from its IPO price. By the close of trading, Didi's stock price had risen 1% to $14.14. Based on the closing price, Didi's market capitalization is nearly $67.8 billion.</p><p>3、<a href=\"https://laohu8.com/NW/2148582928\" target=\"_blank\">Luckin Coffee, the \"king of counterfeiting,\" has finally released real data: it inflated its revenue by over 60% in 2019.</a></p><p>On July 1, 2020, it broke the record for the fastest listing of a Chinese concept stock.<a href=\"https://laohu8.com/S/LUCKIN\">Luckin Coffee</a>Three months after revealing the financial fraud, the special committee released its investigation results, stating that the fabricated transactions began in April 2019, and that the company's net revenue, costs and expenses for that year were exaggerated by 2.12 billion yuan and 1.34 billion yuan, respectively. A year later,<a href=\"https://laohu8.com/S/LK\">Luckin Coffee</a>The company reissued its 2019 annual report, which, after revision, showed net revenue of RMB 3.025 billion, total operating and cost expenses of RMB 6.237 billion, and an operating loss of RMB 3.212 billion.</p><p>4、<a href=\"https://laohu8.com/NW/2148824998\" target=\"_blank\">Porsche North America CEO: Will accelerate its electric vehicle deployment plan but will still invest in gasoline vehicles.</a></p><p>Porsche North America CEO Kjell Gruner said in an interview on Thursday that Porsche is planning to build on the success of its all-electric models and set new sales records. Gruner stated that Porsche's second-quarter earnings increased by 55% compared to the same period last year.</p><p>5、<a href=\"https://laohu8.com/NW/2148821961\" target=\"_blank\">General Motors' U.S. sales rose 39.7% year-over-year in the second quarter, slightly below expectations due to chip shortages.</a></p><p>General Motors' second-quarter U.S. sales fell slightly short of analysts' expectations as a persistent shortage of semiconductor chips impacted auto production and dealer inventory. The Detroit-based automaker reported sales of 688,236 vehicles in the second quarter on Thursday, a 39.7% increase from the same period last year, when the coronavirus pandemic forced the company to take measures and temporarily close car dealerships. Analysts expect GM's sales to grow by about 40% to 43%.</p><p>6、<b>Didi ADRs will be included in the eligible S&P 500 index on July 12.</b></p><p>In an emailed statement, the S&P Dow Jones Industrial Average said that Didi ADRs will be added to eligible indices before the market opens on Monday, July 12.</p><p>7. Virgin Galactic will send its founder into space on July 11; the stock price surged 22% in after-hours trading.</p><p><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>The company announced on Thursday that it will attempt a spaceflight test on July 11, with founder Sir Richard Branson aboard.<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Founder Jeff Bezos plans to travel to space on July 20 through his company Blue Origin. Virgin Galactic shares rose more than 22% in after-hours trading.</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>Last night and this morning: The S&P 500 hit its 34th all-time high this year!</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast night and this morning: The S&P 500 hit its 34th all-time high this year!\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-07-02 07:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Abstract: All three major U.S. stock indexes closed higher on Thursday, with the S&P 500 continuing to hit a new all-time high; Most Chinese concept stocks fell.<a href=\"https://laohu8.com/S/DDL\">ding-dong</a>While grocery prices plummeted 15%, Didi's market value surged by 70 billion yuan overnight. Investors expect value stocks to lead US stocks in the second half of the year, while inflation remains the biggest risk to the market. Overseas markets</p><p>1. US stocks closed higher across the board, with the S&P 500 hitting a new high for the sixth consecutive day and Didi surging nearly 16%.</p><p>All three major U.S. stock indexes closed higher on Thursday, with the S&P 500 hitting a new all-time high for the sixth consecutive day. Investors are closely watching the U.S. non-farm payroll report and the progress of Biden's new infrastructure plan. The fear index VIX fell 2.21% to 15.48 points. At the close, the Dow Jones Industrial Average rose 0.38%; The Nasdaq rose 0.13%; The S&P 500 rose 0.52%.</p><p>Didi's stock price surged 15.98% and was included in the MSCI China All Stock Index.<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It fell 1.71%, with June deliveries reaching a record high of 6,565 units.<a href=\"https://laohu8.com/S/NIO\">Nio</a>It fell 4.32%, with a record high of 8,083 units delivered in June. Dingdong Maicai's stock price fell 14.96%, after surging 62.84% the day before.</p><p>2. Most Chinese concept stocks fell, with Dingdong Maicai plunging 15%, while Didi's market capitalization surged by 70 billion yuan overnight.</p><p>Pupu Culture, which surged 400% on its first day of trading, closed up nearly 98% the following day. Didi surged 15.98% on Thursday, with its market capitalization soaring by $10.8 billion (approximately RMB 70 billion), bringing its total market capitalization to $78.6 billion.</p><p>On the list of decliners, Dingdong Maicai, which surged 63% in the previous trading day, fell nearly 15% on Thursday, and TuSimple Future fell more than 11%.<a href=\"https://laohu8.com/S/JD\">JD.com</a>It fell nearly 3%.</p><p>3. European stocks closed higher across the board, with Eurozone manufacturing activity growing at its fastest pace on record.</p><p>European stocks closed higher across the board on Thursday as investors anticipated an economic recovery in the continent in the second half of 2021. The pan-European Stoxx 600 index closed up 0.62%. Tourism and leisure stocks led the gains, rising 2%. The optimism in European markets differed from the overnight trend in the Asia-Pacific region, where markets fell as a private survey showed that factory activity growth in China slowed in June.</p><p>4. US crude oil surged 2.4%, hitting a new closing high in nearly three years! Break through the $75 mark</p><p>Crude oil futures prices closed sharply higher on Thursday, with U.S. crude oil futures prices breaking through the $75 per barrel mark for the first time since October 2018. Traders are awaiting a decision by OPEC and its allies (collectively known as \"OPEC+\") to further ease production cuts in response to growing demand from the global economy.</p><p>5. Gold prices closed up 0.3%, marking their second consecutive gain! The US dollar exchange rate fell from a three-month high.</p><p>Gold futures closed slightly higher on Thursday, marking their second consecutive gain, as the dollar retreated slightly from a three-month high reached the previous trading day. Gold futures for August delivery on the New York Mercantile Exchange rose $5.20 to settle at $1,776.80 an ounce, a gain of 0.3%, after the contract also closed up 0.5% on Wednesday.</p><p>International macro</p><p>1. Investors expect value stocks to lead the US stock market in the second half of the year, while inflation remains the biggest risk to the market.</p><p>A recent survey shows that Wall Street investors believe that \"affordable and economically sensitive stocks will regain market leadership in the second half of 2021.\" Inflation remains the hottest topic of debate on Wall Street today, as its duration could determine the success or failure of the stock market by mid-2021.</p><p>2. The U.S. House of Representatives approved a $715 billion infrastructure bill; Congress hopes to complete comprehensive infrastructure legislation in September.</p><p>The Democratic-controlled U.S. House of Representatives approved a $715 billion bill for surface transportation and water infrastructure. Democrats believe this is the first step Congress hopes to complete comprehensive infrastructure legislation in September. This bill includes provisions from President Biden's initial $2.3 trillion infrastructure plan, authorizing increased spending on infrastructure such as roads, bridges, highway safety, railways, and transportation.</p><p>3. What will become of the US stock market in July? Analysts make three predictions</p><p>June gave U.S. stocks some breathing room after the end of the first-quarter earnings season. Investors' attention turned to inflation, employment, and the Federal Reserve. But what will happen to the US stock market in July? In response, senior Wall Street analysts made three predictions. The market still needs bad economic news; The airline and hotel industries will face even more difficult challenges; The earnings season will begin with mixed results.</p><p>4. The OPEC+ Committee recommends gradually increasing oil production for the remainder of this year.</p><p>The OPEC+ Ministerial Committee recommended gradually increasing oil production by the end of the year, thereby paving the way for the organization to reach an agreement. Even with oil prices at two-year highs, this move will still allow the organization to firmly control supply.</p><p>5. IMF: The Federal Reserve could have rate hike by the end of 2022 at the latest.</p><p>The International Monetary Fund (IMF) points out that because large-scale government spending has kept inflation above the central bank's long-term average target, the Federal Reserve may need to begin rate hike as early as the end of 2022 or 2023.</p><p>6. The Federal Reserve is trying to avoid an inflation crisis, but controlling inflation expectations is extremely difficult.</p><p>Federal Reserve Chairman Jerome Powell said that controlling inflation expectations is key to achieving the central bank's dual goals of stabilizing prices and maximizing employment. The problem is that as the economy recovers from the COVID-19 pandemic, it remains to be seen whether the Federal Reserve can do so. Consumer expectations may vary greatly depending on age and gender, and they are less sensitive to the words and actions of the Federal Reserve.</p><p>7. Supply chain challenges and material shortages continue to plague US manufacturers, leading to their sharpest price increase in 42 years.</p><p>For a long time, American manufacturers have struggled with supply chain challenges and material shortages. Now, these two persistent problems are also reflected in prices: manufacturers are reporting their biggest price increase in June in 42 years.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2148887829\" target=\"_blank\">Newly listed stock Pupu Culture surged over 129%, triggering a circuit breaker at one point.</a></p><p>On July 1, newly listed stock Pupu Culture surged sharply, soaring nearly 140% before triggering a circuit breaker again. As of 22:11 Beijing time, the stock rose more than 129% to $69.39 after trading resumed. The stock surged 405% on its first day of trading yesterday, triggering a temporary trading suspension seven times during the session.</p><p>2、<a href=\"https://laohu8.com/NW/2148492822\" target=\"_blank\">Didi's stock price surged nearly 16% on its second day of listing, reaching a market capitalization of $78.6 billion.</a></p><p>On its first day of trading on the New York Stock Exchange yesterday, Didi opened at $18, up 28.5% from its IPO price. By the close of trading, Didi's stock price had risen 1% to $14.14. Based on the closing price, Didi's market capitalization is nearly $67.8 billion.</p><p>3、<a href=\"https://laohu8.com/NW/2148582928\" target=\"_blank\">Luckin Coffee, the \"king of counterfeiting,\" has finally released real data: it inflated its revenue by over 60% in 2019.</a></p><p>On July 1, 2020, it broke the record for the fastest listing of a Chinese concept stock.<a href=\"https://laohu8.com/S/LUCKIN\">Luckin Coffee</a>Three months after revealing the financial fraud, the special committee released its investigation results, stating that the fabricated transactions began in April 2019, and that the company's net revenue, costs and expenses for that year were exaggerated by 2.12 billion yuan and 1.34 billion yuan, respectively. A year later,<a href=\"https://laohu8.com/S/LK\">Luckin Coffee</a>The company reissued its 2019 annual report, which, after revision, showed net revenue of RMB 3.025 billion, total operating and cost expenses of RMB 6.237 billion, and an operating loss of RMB 3.212 billion.</p><p>4、<a href=\"https://laohu8.com/NW/2148824998\" target=\"_blank\">Porsche North America CEO: Will accelerate its electric vehicle deployment plan but will still invest in gasoline vehicles.</a></p><p>Porsche North America CEO Kjell Gruner said in an interview on Thursday that Porsche is planning to build on the success of its all-electric models and set new sales records. Gruner stated that Porsche's second-quarter earnings increased by 55% compared to the same period last year.</p><p>5、<a href=\"https://laohu8.com/NW/2148821961\" target=\"_blank\">General Motors' U.S. sales rose 39.7% year-over-year in the second quarter, slightly below expectations due to chip shortages.</a></p><p>General Motors' second-quarter U.S. sales fell slightly short of analysts' expectations as a persistent shortage of semiconductor chips impacted auto production and dealer inventory. The Detroit-based automaker reported sales of 688,236 vehicles in the second quarter on Thursday, a 39.7% increase from the same period last year, when the coronavirus pandemic forced the company to take measures and temporarily close car dealerships. Analysts expect GM's sales to grow by about 40% to 43%.</p><p>6、<b>Didi ADRs will be included in the eligible S&P 500 index on July 12.</b></p><p>In an emailed statement, the S&P Dow Jones Industrial Average said that Didi ADRs will be added to eligible indices before the market opens on Monday, July 12.</p><p>7. Virgin Galactic will send its founder into space on July 11; the stock price surged 22% in after-hours trading.</p><p><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>The company announced on Thursday that it will attempt a spaceflight test on July 11, with founder Sir Richard Branson aboard.<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Founder Jeff Bezos plans to travel to space on July 20 through his company Blue Origin. Virgin Galactic shares rose more than 22% in after-hours trading.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118701671","content_text":"摘要：美股三大指数周四全线收涨，标普500指数续创历史新高；中概股多数下跌，叮咚买菜大跌15％，滴滴市值却一夜飙升700亿；投资者预计价值股下半年将引领美股走势，通胀仍是市场最大风险。\n\n海外市场\n1、美股全线收涨，标普连续六日创新高 滴滴暴涨近16％\n美股三大指数周四全线收涨，标普500指数续创历史新高，这也是该基准股指连续第六日创新高，投资者正密切关注美国非农报告，以及拜登新基建计划的进展。恐慌指数VIX跌2.21%，报15.48点。截至收盘，道指涨幅为0.38%；纳指涨幅为0.13%；标普500指数涨幅为0.52%。\n滴滴股价大涨15.98％，获纳入MSCI中国全股票指数。小鹏汽车跌1.71％，6月交付量6565台创新高。蔚来跌4.32％，6月交付8083台创新高。叮咚买菜股价跌14.96%，此前一日暴涨62.84%。\n2、中概股多数下跌，叮咚买菜大跌15％，滴滴市值却一夜飙升700亿\n上市首日大涨400%的普普文化次日收涨近98%，滴滴周四大涨15.98%，市值飙升108亿美元（约合人民币700亿元），目前总市值达786亿美元。\n跌幅榜上，上个交易日大涨63%的叮咚买菜周四跌近15%，图森未来跌超11%，京东跌近3%。\n3、欧洲股市全线收高 欧元区制造业活动以有记录以来最快速度增长\n投资者预期欧洲大陆2021年下半年将迎来经济复苏，欧洲股市周四全线收高。泛欧斯托克600指数收盘上涨幅0.62%。其中旅游和休闲类股领涨，涨幅2%。欧洲市场的乐观情绪与亚太地区隔夜的趋势不同，该地区市场回落，因为一项民间调查显示，中国6月份工厂活动增长放缓。\n4、美油大涨2.4％，创下近3年收盘新高！突破75美元关口\n原油期货价格周四收盘大幅上涨，其中美国原油期货价格自2018年10月以来首次突破每桶75美元关口。交易员们正在等待欧佩克及其盟友（统称为“OPEC+”）做出进一步放松限产的决定，以应对全球经济增长势头不断增长的需求。\n5、金价收高0.3％，录得二连涨！因美元汇率从3个月高位回落\n黄金期货周四收盘小幅走高，录得二连涨，原因是美元汇率从此前一个交易日触及的三个月高位小幅回落。纽约商品交易所8月份交割的黄金期货价格上涨5.20美元，报收于每盎司1776.80美元，涨幅为0.3%，此前该合约在周三的交易中也收盘上涨0.5%。\n国际宏观\n1、投资者预计价值股下半年将引领美股走势，通胀仍是市场最大风险\n最新调查显示，华尔街投资者认为“平价且对经济敏感的股票将在2021年下半年重新占据市场领先地位”。通胀仍是当下华尔街最热门的辩论话题，因为它的持续时间可能在2021年中途决定股市的成败。\n2、美国众议院批准7150亿美元基建法案 国会希望在9月份完成全面基础设施立法\n民主党控制的美国众议院批准了一项7150亿美元的地面交通和水利基础设施法案。民主党人认为，这是国会希望在9月份完成全面基础设施立法的第一步。这项法案包括拜登总统最初提出的2.3万亿美元基础设施计划中的条款，授权在道路、桥梁、公路安全、铁路、交通等基础设施方面增加开支。\n3、7月美国股市将何去何从？分析师做出三大预测\n在第一季度财报季结束后，六月给了美国股市一些喘息的时间。投资者的注意力转向通胀、就业和美联储。但是7月的美国股市将何去何从？ 对此，华尔街资深分析师做出了三大预测。市场仍需要坏的经济消息；航空公司和酒店行业将面临更艰难的困境；将以喜忧参半的方式开启财报季。\n4、OPEC＋委员会建议在今年余下时间逐步提高石油产量\nOPEC+部长级委员会建议在年底前逐步增加石油产量，从而为该组织达成协议铺平道路。即使油价处于两年高位，此举仍能让该组织牢牢控制供应。\n5、IMF：最晚可能在2022年年底美联储就得加息\n国际货币基金组织（IMF）指出，因为大规模的政府支出导致通胀保持在央行设定的长期平均目标水平上方，美联储最早可能需要在2022年底，或者2023年年就得开始加息。\n6、美联储力图避免通胀危机 但要掌控通胀预期难乎其难\n美联储主席杰罗姆·鲍威尔表示，控制通胀预期是实现央行物价稳定和就业最大化双重目标的关键所在。问题在于，随着经济从新冠疫情中实现复苏，美联储能否做到这一点远未可知。按照年龄和性别不同，消费者预期可能会有很大差异，对美联储的言行也不那么敏感。\n7、供应链难题和材料短缺纠缠不休 美国制造商迎来42年最猛价格上涨\n很长一段时间以来，美国的制造商们一直疲于应对供应链难题和材料短缺。现在，这两个纠缠不休的难题也体现在价格上：制造商纷纷报告称，6月份价格出现了42年来最大幅度的上涨。\n公司新闻\n1、次新股普普文化涨超129% 一度触及熔断\n7月1日次新股普普文化直线拉升，飙涨近140%后再次触及熔断。截至北京时间22：11，该股恢复交易后涨超129%，报69.39美元。该股昨日上市首日大涨405%，盘中七度触发临时停牌。\n2、滴滴上市次日：股价大涨近16% 市值达786亿美元\n滴滴昨日登陆纽交所首日，开盘价为18美元，较发行价上涨28.5%，截止收盘，滴滴股价上涨1%，报14.14美元，按照收盘价计算，滴滴市值近678亿美元。\n3、“造假王”瑞幸终于给出了真数据：2019年虚增超六成收入\n2020年7月1日，刷新中概股最快上市记录的瑞幸咖啡在自曝财务造假三个月后，公布了特别委员会的调查结果，称捏造交易始于2019年4月，而公司当年的净营收、成本和支出也因此被夸大了21.2亿元、13.4亿元。时隔一年，瑞幸咖啡补发了2019年年报，经修正后，公司当年的净收入为30.25亿元，总运营及成本费用62.37亿元，经营亏损32.12亿元。\n4、保时捷北美CEO：将加快其电动汽车部署计划 但仍将投资汽油汽车\n保时捷北美地区首席执行官Kjell Gruner周四在接受采访时表示，保时捷正计划在全电动车型的成功基础上再创销售纪录。Gruner表示，保时捷第二季度收益较去年同期增长了55%。\n5、通用汽车第二季度美国销量同比增长39.7% 受芯片短缺影响略低于预期\n通用汽车第二季度美国销量略低于分析师预期，因半导体芯片持续短缺影响了汽车生产和经销商库存。这家美国底特律汽车制造商周四公布，第二季度的销量为688，236辆，比去年同期增长39.7%，当时新冠病毒大流行导致公司不得不采取措施，并暂时关闭了汽车经销商。分析师预计通用汽车的销量将增长约40%至43%。\n6、滴滴ADR将于7月12日加入符合条件的标普指数\n标普道琼斯指数在电子邮件声明中称，滴滴ADR将从7月12日周一开盘前加入符合条件的指数。\n7、维珍银河7月11日将把创始人送上太空，盘后大涨22%\n维珍银河周四宣布，该公司将尝试于7月11日进行一次太空飞行测试，创始人Sir Richard Branson将搭乘这次太空飞行。亚马逊创始人贝佐斯计划于7月20日通过自己的公司蓝色起源进行太空旅行。美股盘后，维珍银河涨超22%。","news_type":1,"symbols_score_info":{"ESmain":0.9}},"isVote":1,"tweetType":1,"viewCount":4689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181926274,"gmtCreate":1623371243998,"gmtModify":1704201825194,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181926274","repostId":"1174161709","repostType":4,"repost":{"id":"1174161709","kind":"news","pubTimestamp":1623329027,"share":"https://ttm.financial/m/news/1174161709?lang=en_US&edition=fundamental","pubTime":"2021-06-10 20:43","market":"us","language":"zh","title":"A terrible shock may arrive in September! New Bond King: Massive quantitative easing severely distorts the economy","url":"https://stock-news.laohu8.com/highlight/detail?id=1174161709","media":"腾讯美股  ","summary":"美国联邦政府的疫情紧急失业补偿（PUEC）计划延长了人们能够领取周失业救济的时间，而疫情失业援助（PUA）计划则覆盖了自雇、兼职和零工人群，还有混合收入者失业补偿（MEUC）计划，为那些自雇者和混合型","content":"<p><i>The U.S. federal government's Pandemic Emergency Unemployment Compensation (PUEC) program has extended the time people can receive weekly unemployment benefits, while the Pandemic Unemployment Assistance (PUA) program covers the self-employed, part-time, and casual workers, as well as the Mixed Earner Unemployment Compensation (MEUC) program, which provides support for those who are self-employed and have mixed incomes. All these plans will expire on September 6 this year. The new debt king, Gonglak, predicted that the economy would then suffer a \"major shock\" because people's discretionary income would be significantly reduced.</i></p><p><img src=\"https://static.tigerbbs.com/1128c45336de836d2faa4cd00f221686\" tg-width=\"1080\" tg-height=\"718\" referrerpolicy=\"no-referrer\">On the one hand, the restart in the post-pandemic era has been slow, and on the other hand, the federal government's fiscal stimulus has caused the US economy to be \"severely distorted\" in the view of Jeffrey Gundlach, founder of Two-Line Capital.</p><p>The notorious \"bond king\" pointed out in a webcast on Tuesday that countless businesses, large and small, across the United States are finding it extremely difficult to recruit enough people to keep their companies running and expand. Although \"a large number of positions are vacant, they cannot be filled in a timely manner, all because the federal government is competing with private companies.\" Two-Line Capital manages more than $140 billion in investments, and Gunlach is clearly referring to the overly generous unemployment benefits. During Tuesday's more than ninety-minute webcast, he also spoke about his many other views on the economy in the post-pandemic era.</p><p><b>Inflation expectations</b></p><p>Gunlach stated that although inflation is currently rising rapidly, this may only be temporary. Currently, food prices are high, and manufacturing inventory levels are at their lowest point in nearly two decades. \"None of these are likely to put downward pressure on inflation.\"</p><p>The Producer Price Index (PPI), which measures long-term changes in the sales prices of goods and services across the United States, has also been rising, but no one knows how long this rise will last. Gunlach predicted that even if prices continue to rise, the index's rise may slow down.</p><p><b>Distorted department</b></p><p>“We’re not really seriously studying it right now; it’s actually some special areas of the economy, like used cars,” Gunlach analyzed. “The prices of these goods have almost doubled in the past year.” He also recently discovered that used trucks are now priced almost the same as new trucks, and in fact, they are almost out of stock across the United States. “This situation is clearly unsustainable,” Gunlach added, adding that these high prices are clearly “insufficient to create an anti-inflationary trend.”</p><p>Housing inventory is also a \"highly distorted\" sector of the economy. Gunlach pointed out that the national housing inventory has now fallen to a level not seen in many years, and in some areas, there are no homes for sale. He said that in many places, the number of real estate agents is even ten times that of the homes they sell, \"which is not good news for brokerages.\"</p><p>Demand for residential construction and renovation materials remained high, directly contributing to the explosion in timber prices, joining the ranks of other commodity prices that skyrocketed, but Gunlach believed that these problems had probably peaked.</p><p>Office real estate prices continue to plummet, and occupancy rates remain low. \"Although the recovery in all sectors of the economy is underway and has also led to the emergence of these inflationary pressures,\" the process of people returning to work has been very slow. Gunlach predicts that \"unless the pandemic recurs,\" the shift back to work will peak by the end of summer.</p><p>Even so, business operations will probably never be the same again. \"Many people have expressed their desire to spend more time working from home. Virtual technology is so advanced now, and reality has proven that in some cases, working from home can actually improve efficiency by eliminating a lot of communication time.\"</p><p><b>Overseas stocks and the US dollar</b></p><p>For many years prior, the U.S. stock market had consistently outperformed overseas stock markets. However, the gap between the two has been narrowing recently. “Non-U.S. stocks have begun to perform on par with U.S. stocks, no longer allowing the latter to outperform them,” Gunlach pointed out. He added that if the dollar starts to weaken, the situation could become more favorable for overseas stocks. He recently began investing in overseas stock markets for the first time in his career.</p><p>“There are strong indications that the dollar will weaken in the medium to long term,” Gunlach added, adding that he would temporarily maintain a neutral stance on the dollar in the short term.</p><p>In the long run, the eventual weakening of the US dollar is an almost irreversible trend, given that the US trade and budget deficits have now \"doubled from what we once thought were bad levels.\" After Americans received their stimulus checks from the government, many used them to buy products, many of which were manufactured in Asia, which only further widened the trade deficit.</p><p>\"Retail investors have recently emerged as a dark horse with astonishing strength, which is actually a distortion, and its root lies in the discretionary income from the government.\"</p><p><b>The \"impact\" of unemployment benefits</b></p><p>During the pandemic, the number of people filing for unemployment benefits for the first time each week inevitably increased significantly, and this figure has not yet returned to normal levels. While unemployment rates in various states have begun to normalize, truly normalizing them is a \"delusion,\" Gunlach said, because federal stimulus benefits continue to be distributed.</p><p>The federal government's Pandemic Emergency Unemployment Compensation (PUEC) program extended the time people were able to receive weekly unemployment benefits, while the Pandemic Unemployment Assistance (PUA) program covered the self-employed, part-time, and casual workers, and the Mixed Earner Unemployment Compensation (MEUC) program provided support for those who were self-employed and mixed earners. All these plans will expire on September 6 this year. Gunlach predicted that the economy would then suffer a \"major shock\" because people's discretionary income would be greatly reduced.</p><p>This shock may reverse some of the current astonishing trends, such as the severe scarcity of housing and cars. Gunlach said this is perhaps \"the strongest basis for believing that inflation will only be a temporary phenomenon—but it also means that the economy could suffer a major reversal as a result.\"</p>","source":"txmg","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>A terrible shock may arrive in September! New Bond King: Massive quantitative easing severely distorts the economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA terrible shock may arrive in September! New Bond King: Massive quantitative easing severely distorts the economy\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯美股  </strong><span class=\"h-time small\">2021-06-10 20:43</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>The U.S. federal government's Pandemic Emergency Unemployment Compensation (PUEC) program has extended the time people can receive weekly unemployment benefits, while the Pandemic Unemployment Assistance (PUA) program covers the self-employed, part-time, and casual workers, as well as the Mixed Earner Unemployment Compensation (MEUC) program, which provides support for those who are self-employed and have mixed incomes. All these plans will expire on September 6 this year. The new debt king, Gonglak, predicted that the economy would then suffer a \"major shock\" because people's discretionary income would be significantly reduced.</i></p><p><img src=\"https://static.tigerbbs.com/1128c45336de836d2faa4cd00f221686\" tg-width=\"1080\" tg-height=\"718\" referrerpolicy=\"no-referrer\">On the one hand, the restart in the post-pandemic era has been slow, and on the other hand, the federal government's fiscal stimulus has caused the US economy to be \"severely distorted\" in the view of Jeffrey Gundlach, founder of Two-Line Capital.</p><p>The notorious \"bond king\" pointed out in a webcast on Tuesday that countless businesses, large and small, across the United States are finding it extremely difficult to recruit enough people to keep their companies running and expand. Although \"a large number of positions are vacant, they cannot be filled in a timely manner, all because the federal government is competing with private companies.\" Two-Line Capital manages more than $140 billion in investments, and Gunlach is clearly referring to the overly generous unemployment benefits. During Tuesday's more than ninety-minute webcast, he also spoke about his many other views on the economy in the post-pandemic era.</p><p><b>Inflation expectations</b></p><p>Gunlach stated that although inflation is currently rising rapidly, this may only be temporary. Currently, food prices are high, and manufacturing inventory levels are at their lowest point in nearly two decades. \"None of these are likely to put downward pressure on inflation.\"</p><p>The Producer Price Index (PPI), which measures long-term changes in the sales prices of goods and services across the United States, has also been rising, but no one knows how long this rise will last. Gunlach predicted that even if prices continue to rise, the index's rise may slow down.</p><p><b>Distorted department</b></p><p>“We’re not really seriously studying it right now; it’s actually some special areas of the economy, like used cars,” Gunlach analyzed. “The prices of these goods have almost doubled in the past year.” He also recently discovered that used trucks are now priced almost the same as new trucks, and in fact, they are almost out of stock across the United States. “This situation is clearly unsustainable,” Gunlach added, adding that these high prices are clearly “insufficient to create an anti-inflationary trend.”</p><p>Housing inventory is also a \"highly distorted\" sector of the economy. Gunlach pointed out that the national housing inventory has now fallen to a level not seen in many years, and in some areas, there are no homes for sale. He said that in many places, the number of real estate agents is even ten times that of the homes they sell, \"which is not good news for brokerages.\"</p><p>Demand for residential construction and renovation materials remained high, directly contributing to the explosion in timber prices, joining the ranks of other commodity prices that skyrocketed, but Gunlach believed that these problems had probably peaked.</p><p>Office real estate prices continue to plummet, and occupancy rates remain low. \"Although the recovery in all sectors of the economy is underway and has also led to the emergence of these inflationary pressures,\" the process of people returning to work has been very slow. Gunlach predicts that \"unless the pandemic recurs,\" the shift back to work will peak by the end of summer.</p><p>Even so, business operations will probably never be the same again. \"Many people have expressed their desire to spend more time working from home. Virtual technology is so advanced now, and reality has proven that in some cases, working from home can actually improve efficiency by eliminating a lot of communication time.\"</p><p><b>Overseas stocks and the US dollar</b></p><p>For many years prior, the U.S. stock market had consistently outperformed overseas stock markets. However, the gap between the two has been narrowing recently. “Non-U.S. stocks have begun to perform on par with U.S. stocks, no longer allowing the latter to outperform them,” Gunlach pointed out. He added that if the dollar starts to weaken, the situation could become more favorable for overseas stocks. He recently began investing in overseas stock markets for the first time in his career.</p><p>“There are strong indications that the dollar will weaken in the medium to long term,” Gunlach added, adding that he would temporarily maintain a neutral stance on the dollar in the short term.</p><p>In the long run, the eventual weakening of the US dollar is an almost irreversible trend, given that the US trade and budget deficits have now \"doubled from what we once thought were bad levels.\" After Americans received their stimulus checks from the government, many used them to buy products, many of which were manufactured in Asia, which only further widened the trade deficit.</p><p>\"Retail investors have recently emerged as a dark horse with astonishing strength, which is actually a distortion, and its root lies in the discretionary income from the government.\"</p><p><b>The \"impact\" of unemployment benefits</b></p><p>During the pandemic, the number of people filing for unemployment benefits for the first time each week inevitably increased significantly, and this figure has not yet returned to normal levels. While unemployment rates in various states have begun to normalize, truly normalizing them is a \"delusion,\" Gunlach said, because federal stimulus benefits continue to be distributed.</p><p>The federal government's Pandemic Emergency Unemployment Compensation (PUEC) program extended the time people were able to receive weekly unemployment benefits, while the Pandemic Unemployment Assistance (PUA) program covered the self-employed, part-time, and casual workers, and the Mixed Earner Unemployment Compensation (MEUC) program provided support for those who were self-employed and mixed earners. All these plans will expire on September 6 this year. Gunlach predicted that the economy would then suffer a \"major shock\" because people's discretionary income would be greatly reduced.</p><p>This shock may reverse some of the current astonishing trends, such as the severe scarcity of housing and cars. Gunlach said this is perhaps \"the strongest basis for believing that inflation will only be a temporary phenomenon—but it also means that the economy could suffer a major reversal as a result.\"</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/D0R8RIuBdSQ_YXcKnU3ksQ\">腾讯美股  </a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1128c45336de836d2faa4cd00f221686","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://mp.weixin.qq.com/s/D0R8RIuBdSQ_YXcKnU3ksQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174161709","content_text":"美国联邦政府的疫情紧急失业补偿（PUEC）计划延长了人们能够领取周失业救济的时间，而疫情失业援助（PUA）计划则覆盖了自雇、兼职和零工人群，还有混合收入者失业补偿（MEUC）计划，为那些自雇者和混合型收入者提供支持。所有这些计划都将在今年9月6日期满。新债王冈拉克预言说，到那时，经济就会受到“重大冲击”，因为人们的可任意支配所得将大幅度减少。\n一方面是后疫情时代的重启步履迟缓，一方面是联邦政府的财政刺激，在双线资本创始人冈拉克（JeffreyGundlach）看来，两者交相作用，已经使得美国经济受到“严重扭曲”。\n这位鼎鼎大名的“债王”在周二的网络广播当中指出，全美层面，无数大大小小的企业都发现，想要招募到足够公司运转下去和扩大经营的人手正变得极端困难。虽然“为数众多的岗位都空缺着，但是却无法及时得到填补，这都是因为联邦政府在同私人企业竞争的缘故”。双线资本旗下管理着超过1400亿美元投资，冈拉克这里所指的，显然是过于慷慨大度的失业救济补贴。在周二长达九十多分钟的网络广播当中，他还谈到了自己对后疫情时代经济的许多其他看法。\n通货膨胀预期\n冈拉克表示，虽然通货膨胀现在正在急速抬头，但是这真的可能只是暂时性的。目前，食品价格高企，制造业库存水平处在近二十年来的最低点。“这些显然都不可能对通货膨胀造成下行的压力。”\n度量全美商品和服务销售价格长期变化的生产者价格指数（PPI）也一直在上涨，但是没有人知道这涨势会持续多久。冈拉克预言说，即便价格还会继续走高，但是指数的上涨速度可能将会放缓。\n被扭曲的部门\n“我们现在并没有真正认真去研究的，其实是经济当中的一些特殊领域，比如二手汽车。”冈拉克分析道，“这些商品的价格在过去一年时间里几乎翻了一番。”他最近还发现，现在二手卡车的价格已经和新卡车相去无几，而且事实上几乎是在全美范围内断货了。“这种局面显然是不可持久的。”冈拉克补充说，这些高企的价格显然“不足以形成反通货膨胀趋势”。\n住宅库存也是经济当中被“高度扭曲”的一个部门。冈拉克指出，现在全美住宅库存已经跌到了多年以来仅见的水平，在一些地区，甚至已经找不到待售的住宅了。他说，在许多地方，房地产经纪商的数量甚至要十倍于他们销售的住宅，“这对于经纪行来说可不是什么好消息”。\n住宅建筑和翻修材料的需求也居高不下，直接导致木材价格大爆炸，加入了其他商品价格暴涨的大军，但是冈拉克认为，这些麻烦可能已经见顶了。\n办公房地产价格还在持续暴跌，入住率持续保持低水平。“虽然经济各个领域当中的复苏都在进行当中，而且还导致了这些通货膨胀压力的出现”，但是大家回公司办公的进程却很迟缓。冈拉克预计说，“除非疫情出现反复”，不然到夏季结束的时候，回去办公的变化就会迎来峰值。\n不过即便如此，企业经营恐怕也不会再像以前那样了。“许多人都表示，希望多一点在家办公的日子，现在虚拟技术已经如此发达，而且现实已经证明，在一些情况下，因为去除了大量沟通的时间，在家上班反而能够提高效率。”\n海外股票与美元\n此前的许多年时间当中，美国股市的表现一直都要好于海外股市。不过近期以来，两者之间的差距正在缩小。“非美股票已经开始与美国股票表现并驾齐驱，不再让后者专美于前。”冈拉克指出，如果美元汇率开始走低，局面就可能变得对海外股票更加有利。他近期已经职业生涯第一次开始投资海外股市。\n“有充分的迹象显示，中期到长期之内，美元将会趋向疲软。”冈拉克补充道，只是短期之内，他会暂时对美元持中立立场。\n长期角度看来，美元汇率最终走低已经是近乎不可改变的趋势，毕竟美国的贸易赤字和预算赤字现在已经“较之我们曾经以为很糟糕的水平又翻了一番”。美国人从政府拿到他们的刺激支票之后，很多人都将其用于购买产品了，而这些产品当中许多都是在亚洲生产的，而这只能让贸易赤字进一步扩大。\n“散户投资者近来异军突起，强势惊人，其实同样是一种扭曲，而其根源就在于来自政府的可任意支配收入。”\n失业救济“冲击”\n在疫情期间，每周首度申报失业救济人数不可避免地大幅增加，而这一数据至今尚未恢复正常水平。各州的失业率虽然已经开始趋向常态，但是要真正正常化完全是“妄想”，冈拉克说，这是因为联邦刺激福利还在持续发放。\n联邦政府的疫情紧急失业补偿（PUEC）计划延长了人们能够领取周失业救济的时间，而疫情失业援助（PUA）计划则覆盖了自雇、兼职和零工人群，还有混合收入者失业补偿（MEUC）计划，为那些自雇者和混合型收入者提供支持。所有这些计划都将在今年9月6日期满。冈拉克预言说，到那时，经济就会受到“重大冲击”，因为人们的可任意支配所得将大幅度减少。\n这一冲击也许会扭转目前一些令人瞠目结舌的势头，比如住宅和汽车的严重稀缺。冈拉克说，这也许是“认为通货膨胀将只是暂时性现象的最有力根据——不过，这同时也意味着经济可能因此遭遇重大反转”。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":4551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180118006,"gmtCreate":1623194504005,"gmtModify":1704197913922,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180118006","repostId":"2141267679","repostType":4,"repost":{"id":"2141267679","kind":"highlight","pubTimestamp":1623164987,"share":"https://ttm.financial/m/news/2141267679?lang=en_US&edition=fundamental","pubTime":"2021-06-08 23:09","market":"us","language":"zh","title":"JOLTS surpasses 9 million, setting another new record.","url":"https://stock-news.laohu8.com/highlight/detail?id=2141267679","media":"华尔街见闻","summary":"美国劳工部下属的劳工统计局发布了4月职位空缺及劳动力流动调查（JOLTS）结果。相关数据显示，美国当月职位空缺的数量从3月上修后的828.8万上升至928.6万，再度录得历史新高，而职位空缺率则由上次","content":"<p>The Bureau of Labor Statistics, part of the U.S. Department of Labor, released the results of its April Job Openings and Labor Mobility Survey (JOLTS). According to relevant data, the number of job openings in the United States rose to 9.286 million in the month from the revised 8.288 million in March, setting another record high, while the job vacancy rate rose to 6% from 5.3% in the previous survey. JOLTS is currently U.S. Treasury Secretary Janet Yellen's favorite labor market indicator.</p><p>Some analysts believe that job vacancies in the United States in April hit a new record high since March, highlighting the rapid increase in labor demand as companies gradually emerge from COVID-19 restrictions.</p><p><img src=\"https://static.tigerbbs.com/84bcf23cd9e1faa6bb947c4d36ee274f\" tg-width=\"1199\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p>According to data released by the Bureau of Labor Statistics on the same day, the number of unemployed people per job opening has declined for a consecutive year after reaching a high of 5.0 last year. This month it has fallen to 1.06, which is closer to the low of 0.8 to 0.9 in 2018-2020, indicating that the employment market situation is still improving.</p><p><img src=\"https://static.tigerbbs.com/c614c94feb2d73829328c99be02b8c98\" tg-width=\"1196\" tg-height=\"704\" referrerpolicy=\"no-referrer\"></p><p>The number of voluntary departures that Yellen is monitoring reached 3.985 million that month, while the voluntary departure rate was 2.7%, both figures showing significant increases compared to the previous survey.</p><p>In terms of recruitment, a total of 6.075 million people were recruited in April, with an employment rate of 4.2%, marking the fourth consecutive month of increase.</p>","source":"wallstreetcn_api","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>JOLTS surpasses 9 million, setting another new record.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJOLTS surpasses 9 million, setting another new record.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-06-08 23:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Bureau of Labor Statistics, part of the U.S. Department of Labor, released the results of its April Job Openings and Labor Mobility Survey (JOLTS). According to relevant data, the number of job openings in the United States rose to 9.286 million in the month from the revised 8.288 million in March, setting another record high, while the job vacancy rate rose to 6% from 5.3% in the previous survey. JOLTS is currently U.S. Treasury Secretary Janet Yellen's favorite labor market indicator.</p><p>Some analysts believe that job vacancies in the United States in April hit a new record high since March, highlighting the rapid increase in labor demand as companies gradually emerge from COVID-19 restrictions.</p><p><img src=\"https://static.tigerbbs.com/84bcf23cd9e1faa6bb947c4d36ee274f\" tg-width=\"1199\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p>According to data released by the Bureau of Labor Statistics on the same day, the number of unemployed people per job opening has declined for a consecutive year after reaching a high of 5.0 last year. This month it has fallen to 1.06, which is closer to the low of 0.8 to 0.9 in 2018-2020, indicating that the employment market situation is still improving.</p><p><img src=\"https://static.tigerbbs.com/c614c94feb2d73829328c99be02b8c98\" tg-width=\"1196\" tg-height=\"704\" referrerpolicy=\"no-referrer\"></p><p>The number of voluntary departures that Yellen is monitoring reached 3.985 million that month, while the voluntary departure rate was 2.7%, both figures showing significant increases compared to the previous survey.</p><p>In terms of recruitment, a total of 6.075 million people were recruited in April, with an employment rate of 4.2%, marking the fourth consecutive month of increase.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3632482\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/627bc890436e46f74a0fe8143398a725","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3632482","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141267679","content_text":"美国劳工部下属的劳工统计局发布了4月职位空缺及劳动力流动调查（JOLTS）结果。相关数据显示，美国当月职位空缺的数量从3月上修后的828.8万上升至928.6万，再度录得历史新高，而职位空缺率则由上次调查时的5.3%升至6%。JOLTS是当前美国财长耶伦最喜爱的劳动力市场指标。\n有分析认为，美国4月份的职位空缺继3月之后再度创下历史新高，凸显出随着企业从新冠限制当中逐渐摆脱以及，劳动力需求迅速增加。\n\n根据劳工统计局同日发布的数据，每个职位空缺对应的失业人口数在去年触及5.0的高位之后已经连续一年出现下降，本月已经降到1.06，距离2018~2020年的0.8~0.9低位更加接近，显示市场就业状况仍在改善当中。\n\n耶伦关注的自主离职人数当月录得398.5万人，而自主离职率则为2.7%，两项数据相对上次调查均出现明显上升。\n招聘方面，4月整体招聘人数607.5万人，聘用率4.2%，已经是连续第四个月出现上升。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":4542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133726105,"gmtCreate":1621812950907,"gmtModify":1704362530807,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/133726105","repostId":"1159987430","repostType":4,"isVote":1,"tweetType":1,"viewCount":4009,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130513218,"gmtCreate":1621556420334,"gmtModify":1704359497941,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130513218","repostId":"1190176519","repostType":4,"isVote":1,"tweetType":1,"viewCount":5293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192052089,"gmtCreate":1621132459341,"gmtModify":1704353153056,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192052089","repostId":"1164480285","repostType":4,"repost":{"id":"1164480285","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621039073,"share":"https://ttm.financial/m/news/1164480285?lang=en_US&edition=fundamental","pubTime":"2021-05-15 08:37","market":"us","language":"zh","title":"Last night and this morning: Technology led a two-day rebound in US stocks, while Tesla fell 12% this week.","url":"https://stock-news.laohu8.com/highlight/detail?id=1164480285","media":"老虎资讯综合","summary":"摘要：美债收益率大跌提升投资者风险偏好，纳指大涨逾2％，中概股集体反弹；美国输油管道重开，美油、布油双双大涨逾2％；14个月牛市后，贝佐斯等亿万富豪纷纷减持股票 ，大佬Q1持仓 ：桥水建仓特斯拉抛黄金","content":"<p><b>Abstract:</b></p><p><ul><li>The sharp drop in US Treasury yields boosted investor risk appetite, causing the Nasdaq to surge more than 2% and Chinese concept stocks to rebound collectively.</li><li>With the reopening of U.S. oil pipelines, both U.S. and Brent crude oil prices surged by more than 2%.</li><li>After a 14-month bull market, billionaires such as Bezos have reduced their stock holdings.</li><li>Big name Q1 holdings: Bridgewater Associates builds positions<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Selling gold, Soros builds a position<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>Clearance Sale Palantir.</li></ul><b>Overseas markets</b></p><p><b>1. Falling US Treasury yields helped US stocks record their second consecutive rise! The Nasdaq surged over 2%, and Chinese concept stocks rebounded collectively.</b></p><p>The three major U.S. stock indexes opened higher and closed higher across the board on Friday as U.S. retail sales in April failed to grow and fell short of expectations, and U.S. Treasury yields plummeted, boosting investor risk appetite. At the close, the Dow Jones Industrial Average rose 360.68 points to 34,382.13, a gain of 1.06%. The Nasdaq rose 304.99 points to 13,429.98, or 2.32%. The S&P 500 rose 61.35 points to 4,173.85, or 1.49%.</p><p>Chinese concept stocks as a whole have seen a relatively strong rebound. As of Friday's close,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Up 1.66%<a href=\"https://laohu8.com/S/00700\">Tencent</a>ADR rose 3.64%.<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Up 3.85%<a href=\"https://laohu8.com/S/JD\">JD.com</a>Up 1.67%<a href=\"https://laohu8.com/S/NTES\">NetEase</a>Up 3.77%<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>Up 10.72%<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Up 9.08%<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automobiles rose 7.05%.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up 6.50%<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up 11.25%<a href=\"https://laohu8.com/S/JKS\">Jinko Solar</a>Up 2.47%<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>Up 2.69%<a href=\"https://laohu8.com/S/TAL\">TAL Education Group</a>Up 5.38%<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>Up 5.99%<a href=\"https://laohu8.com/S/DAO\">Youdao</a>Up 8.64%.</p><p><b>2. Bank of England Governor says inflation will not last; European stocks closed higher across the board on Friday.</b></p><p>European stocks continued their sharp rebound on Friday (May 14) as investor concerns about inflation slowed as the decline in commodity prices, following a sell-off at the start of trading this week.</p><p><b>3. With the reopening of US oil pipelines, both US and Brent crude oil prices surged by more than 2%! Both rose for the third consecutive week.</b></p><p>Crude oil futures prices closed higher on Friday and have also risen this week as a key U.S. fuel pipeline reopened after being forced to shut down over the weekend due to a ransomware attack.</p><p><b>4. A stronger US dollar pushed gold prices up 0.8%, marking their second consecutive gain! Hit a new closing high in over three months</b></p><p>Gold futures for June delivery on the New York Mercantile Exchange rose $14.10 to settle at $1,838.10 an ounce, a gain of 0.8%, marking their highest closing price since February 10. The contract also closed up nearly 0.1% on Thursday. In overall trading this week, gold futures prices rose by about 0.4% based on the main contract.</p><p><b>5. Dogecoin surges over 40%! Musk speaks out again: Will cooperate with Dogecoin developers</b></p><p>Dogecoin prices surged on Friday after Tesla (NASDAQ:TSLA) CEO Elon Musk, a supporter of the cryptocurrency, posted a message on social media, and cryptocurrency exchange Coinbase announced it would offer Dogecoin trading.</p><p><b>6、</b><a href=\"https://laohu8.com/NW/2135988454\" target=\"_blank\"><b>Top investors in Q1: Bridgewater builds a position in Tesla, Soros builds a position in Vipshop.</b></a></p><p>Bridgewater Associates, the world's largest hedge fund, increased its holdings in consumer and bank stocks in the first quarter of this year, while selling gold ETFs and technology stocks, but also built positions.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>。 Soros's family office also sold off some tech stocks, including big data star Palantir, which directly sold off its holdings. However, it also increased its holdings in many Chinese concept stocks, including newly added long positions.<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>。</p><p><b>7、</b><a href=\"https://laohu8.com/NW/2135600444\" target=\"_blank\"><b>Bridgewater Associates Q1 Holdings: Increased holdings in consumer stocks, bought back Tesla shares; reduced holdings in Chinese concept stocks.</b></a></p><p>According to statistics from 13F data platform Whalewisdom, in Bridgewater's Q1 holdings, a total of 204 targets were increased, 123 targets were reduced, 127 targets were newly added, and 197 targets were sold. From an overall perspective, Bridgewater's main focus in the first quarter was on consumer stocks.<a href=\"https://laohu8.com/S/SPY\">S&P 500 ETF</a>Funds such as gold ETFs have significantly reduced their holdings.</p><p><b>International macro</b></p><p><b>1. Federal Reserve's Mester: Policy is in good shape; now is not the time for adjustments.</b></p><p>Loretta Mester, president of the Federal Reserve Bank of Cleveland, said the Fed's policy is currently in a good state. She also downplayed signals from economic data, saying the data would be volatile as the economy restarted.</p><p><b>2. Americans are no longer willing to spend money? Retail sales did not grow in April and were weaker than expected.</b></p><p>Data released by the U.S. Commerce Department on Friday showed that overall retail sales remained roughly flat month-on-month in April, with an upward revision to a 10.7% increase in March. A Bloomberg survey shows that economists' median forecast is for 1% growth in April.</p><p><b>3. Is the Federal Reserve ready to surrender? Big short Schiff: US inflation will \"explode\" and the dollar is losing its purchasing power.</b></p><p>According to renowned investor and financial commentator Peter Schiff, the Federal Reserve will not fight inflation in the United States. This is because even if they tried to fight, they were destined to fail, so they wouldn't even try. For this reason, I have been telling everyone that there will be no war on inflation. The Fed is now ready to surrender. Inflation will undoubtedly win big. In fact, the future inflation problem will be much more dire than the market expects. If the weakness in gold prices is indeed due to higher-than-expected inflation, then investors should seize the opportunity to buy now.</p><p><b>4、</b><a href=\"https://laohu8.com/NW/2135600094\" target=\"_blank\"><b>Secure your profits! After 14 months of bull market, billionaires such as Bezos have reduced their stock holdings</b></a></p><p>The world's richest shareholders are selling their shares to secure their profits. Including<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Jeff Bezos and<a href=\"https://laohu8.com/S/GOOG\">Google</a>Company insiders, including co-founder Sergey Brin, have recently accelerated their share reductions to seize the opportunity presented by the 14-month bull market to cash out.</p><p><b>5. Unable to distinguish between good news and bad news for inflation, American investors have reason to be anxious.</b></p><p>It is widely believed that inflation is a positive factor for the stock market. However, over the past week, inflation has risen far beyond economists' expectations, causing panic among U.S. stock market investors. One Wall Street analyst said that a closer look at historical records might reveal why investors behave the way they do.</p><p><b>6. New bond king Gunlak: There is reason to worry about inflation, which may force the Federal Reserve to rate hike.</b></p><p>\"In my opinion, the market is starting to get a little worried (about inflation) this week,\" Gunlach said. He then added, \"This is the biggest discrepancy between the consumer price index and economists' expectations in years, and perhaps even the biggest in my entire career.\"</p><p><b>Company News</b></p><p><b>1、</b><a href=\"https://laohu8.com/NW/2135860760\" target=\"_blank\"><b>Earnings reports from Disney, Airbnb, and DoorDash reveal a new economic normal after the pandemic.</b></a><b></b></p><p>Airbnb says interest in travel has surged again as vaccines become more widely available. The company noted a significant increase in travel bookings in the UK immediately after Prime Minister Boris Johnson announced a gradual exit from lockdown in February. For U.S. customers aged 60 and older, searches for Airbnb summer travel increased by more than 60% between February and March this year.</p><p><b>2、</b><a href=\"https://laohu8.com/NW/2135860665\" target=\"_blank\"><b>Amazon is launching another large-scale recruitment campaign, planning to hire 10,000 permanent employees in the UK.</b></a></p><p>During the COVID-19 pandemic, many companies laid off employees, but Amazon, the world's largest online retailer, bucked the trend. Amazon announced today that it will be hiring 10,000 more people in the UK, bringing the company's total number of employees in the UK to 55,000 by the end of 2021.</p><p><b>3、</b><a href=\"https://laohu8.com/NW/2135607690\" target=\"_blank\"><b>Following Musk's lead, Square backed down, with media reports indicating it has no intention of acquiring more Bitcoin.</b></a></p><p>Among the companies that had previously purchased Bitcoin as reserves, some chose to stop. According to reports, after losing $20 million on related investments, payment fintech company Square has stated that it has no intention of purchasing more Bitcoin as a reserve.</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>Last night and this morning: Technology led a two-day rebound in US stocks, while Tesla fell 12% this week.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast night and this morning: Technology led a two-day rebound in US stocks, while Tesla fell 12% this week.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-15 08:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>Abstract:</b></p><p><ul><li>The sharp drop in US Treasury yields boosted investor risk appetite, causing the Nasdaq to surge more than 2% and Chinese concept stocks to rebound collectively.</li><li>With the reopening of U.S. oil pipelines, both U.S. and Brent crude oil prices surged by more than 2%.</li><li>After a 14-month bull market, billionaires such as Bezos have reduced their stock holdings.</li><li>Big name Q1 holdings: Bridgewater Associates builds positions<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Selling gold, Soros builds a position<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>Clearance Sale Palantir.</li></ul><b>Overseas markets</b></p><p><b>1. Falling US Treasury yields helped US stocks record their second consecutive rise! The Nasdaq surged over 2%, and Chinese concept stocks rebounded collectively.</b></p><p>The three major U.S. stock indexes opened higher and closed higher across the board on Friday as U.S. retail sales in April failed to grow and fell short of expectations, and U.S. Treasury yields plummeted, boosting investor risk appetite. At the close, the Dow Jones Industrial Average rose 360.68 points to 34,382.13, a gain of 1.06%. The Nasdaq rose 304.99 points to 13,429.98, or 2.32%. The S&P 500 rose 61.35 points to 4,173.85, or 1.49%.</p><p>Chinese concept stocks as a whole have seen a relatively strong rebound. As of Friday's close,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Up 1.66%<a href=\"https://laohu8.com/S/00700\">Tencent</a>ADR rose 3.64%.<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Up 3.85%<a href=\"https://laohu8.com/S/JD\">JD.com</a>Up 1.67%<a href=\"https://laohu8.com/S/NTES\">NetEase</a>Up 3.77%<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>Up 10.72%<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Up 9.08%<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automobiles rose 7.05%.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up 6.50%<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up 11.25%<a href=\"https://laohu8.com/S/JKS\">Jinko Solar</a>Up 2.47%<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>Up 2.69%<a href=\"https://laohu8.com/S/TAL\">TAL Education Group</a>Up 5.38%<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>Up 5.99%<a href=\"https://laohu8.com/S/DAO\">Youdao</a>Up 8.64%.</p><p><b>2. Bank of England Governor says inflation will not last; European stocks closed higher across the board on Friday.</b></p><p>European stocks continued their sharp rebound on Friday (May 14) as investor concerns about inflation slowed as the decline in commodity prices, following a sell-off at the start of trading this week.</p><p><b>3. With the reopening of US oil pipelines, both US and Brent crude oil prices surged by more than 2%! Both rose for the third consecutive week.</b></p><p>Crude oil futures prices closed higher on Friday and have also risen this week as a key U.S. fuel pipeline reopened after being forced to shut down over the weekend due to a ransomware attack.</p><p><b>4. A stronger US dollar pushed gold prices up 0.8%, marking their second consecutive gain! Hit a new closing high in over three months</b></p><p>Gold futures for June delivery on the New York Mercantile Exchange rose $14.10 to settle at $1,838.10 an ounce, a gain of 0.8%, marking their highest closing price since February 10. The contract also closed up nearly 0.1% on Thursday. In overall trading this week, gold futures prices rose by about 0.4% based on the main contract.</p><p><b>5. Dogecoin surges over 40%! Musk speaks out again: Will cooperate with Dogecoin developers</b></p><p>Dogecoin prices surged on Friday after Tesla (NASDAQ:TSLA) CEO Elon Musk, a supporter of the cryptocurrency, posted a message on social media, and cryptocurrency exchange Coinbase announced it would offer Dogecoin trading.</p><p><b>6、</b><a href=\"https://laohu8.com/NW/2135988454\" target=\"_blank\"><b>Top investors in Q1: Bridgewater builds a position in Tesla, Soros builds a position in Vipshop.</b></a></p><p>Bridgewater Associates, the world's largest hedge fund, increased its holdings in consumer and bank stocks in the first quarter of this year, while selling gold ETFs and technology stocks, but also built positions.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>。 Soros's family office also sold off some tech stocks, including big data star Palantir, which directly sold off its holdings. However, it also increased its holdings in many Chinese concept stocks, including newly added long positions.<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>。</p><p><b>7、</b><a href=\"https://laohu8.com/NW/2135600444\" target=\"_blank\"><b>Bridgewater Associates Q1 Holdings: Increased holdings in consumer stocks, bought back Tesla shares; reduced holdings in Chinese concept stocks.</b></a></p><p>According to statistics from 13F data platform Whalewisdom, in Bridgewater's Q1 holdings, a total of 204 targets were increased, 123 targets were reduced, 127 targets were newly added, and 197 targets were sold. From an overall perspective, Bridgewater's main focus in the first quarter was on consumer stocks.<a href=\"https://laohu8.com/S/SPY\">S&P 500 ETF</a>Funds such as gold ETFs have significantly reduced their holdings.</p><p><b>International macro</b></p><p><b>1. Federal Reserve's Mester: Policy is in good shape; now is not the time for adjustments.</b></p><p>Loretta Mester, president of the Federal Reserve Bank of Cleveland, said the Fed's policy is currently in a good state. She also downplayed signals from economic data, saying the data would be volatile as the economy restarted.</p><p><b>2. Americans are no longer willing to spend money? Retail sales did not grow in April and were weaker than expected.</b></p><p>Data released by the U.S. Commerce Department on Friday showed that overall retail sales remained roughly flat month-on-month in April, with an upward revision to a 10.7% increase in March. A Bloomberg survey shows that economists' median forecast is for 1% growth in April.</p><p><b>3. Is the Federal Reserve ready to surrender? Big short Schiff: US inflation will \"explode\" and the dollar is losing its purchasing power.</b></p><p>According to renowned investor and financial commentator Peter Schiff, the Federal Reserve will not fight inflation in the United States. This is because even if they tried to fight, they were destined to fail, so they wouldn't even try. For this reason, I have been telling everyone that there will be no war on inflation. The Fed is now ready to surrender. Inflation will undoubtedly win big. In fact, the future inflation problem will be much more dire than the market expects. If the weakness in gold prices is indeed due to higher-than-expected inflation, then investors should seize the opportunity to buy now.</p><p><b>4、</b><a href=\"https://laohu8.com/NW/2135600094\" target=\"_blank\"><b>Secure your profits! After 14 months of bull market, billionaires such as Bezos have reduced their stock holdings</b></a></p><p>The world's richest shareholders are selling their shares to secure their profits. Including<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Jeff Bezos and<a href=\"https://laohu8.com/S/GOOG\">Google</a>Company insiders, including co-founder Sergey Brin, have recently accelerated their share reductions to seize the opportunity presented by the 14-month bull market to cash out.</p><p><b>5. Unable to distinguish between good news and bad news for inflation, American investors have reason to be anxious.</b></p><p>It is widely believed that inflation is a positive factor for the stock market. However, over the past week, inflation has risen far beyond economists' expectations, causing panic among U.S. stock market investors. One Wall Street analyst said that a closer look at historical records might reveal why investors behave the way they do.</p><p><b>6. New bond king Gunlak: There is reason to worry about inflation, which may force the Federal Reserve to rate hike.</b></p><p>\"In my opinion, the market is starting to get a little worried (about inflation) this week,\" Gunlach said. He then added, \"This is the biggest discrepancy between the consumer price index and economists' expectations in years, and perhaps even the biggest in my entire career.\"</p><p><b>Company News</b></p><p><b>1、</b><a href=\"https://laohu8.com/NW/2135860760\" target=\"_blank\"><b>Earnings reports from Disney, Airbnb, and DoorDash reveal a new economic normal after the pandemic.</b></a><b></b></p><p>Airbnb says interest in travel has surged again as vaccines become more widely available. The company noted a significant increase in travel bookings in the UK immediately after Prime Minister Boris Johnson announced a gradual exit from lockdown in February. For U.S. customers aged 60 and older, searches for Airbnb summer travel increased by more than 60% between February and March this year.</p><p><b>2、</b><a href=\"https://laohu8.com/NW/2135860665\" target=\"_blank\"><b>Amazon is launching another large-scale recruitment campaign, planning to hire 10,000 permanent employees in the UK.</b></a></p><p>During the COVID-19 pandemic, many companies laid off employees, but Amazon, the world's largest online retailer, bucked the trend. Amazon announced today that it will be hiring 10,000 more people in the UK, bringing the company's total number of employees in the UK to 55,000 by the end of 2021.</p><p><b>3、</b><a href=\"https://laohu8.com/NW/2135607690\" target=\"_blank\"><b>Following Musk's lead, Square backed down, with media reports indicating it has no intention of acquiring more Bitcoin.</b></a></p><p>Among the companies that had previously purchased Bitcoin as reserves, some chose to stop. According to reports, after losing $20 million on related investments, payment fintech company Square has stated that it has no intention of purchasing more Bitcoin as a reserve.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{"SQQQ":"纳指三倍做空ETF","JD":"京东","TQQQ":"纳指三倍做多ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","PDD":"拼多多","QQQ":"纳指100ETF","QNETCN":"纳斯达克中美互联网老虎指数","BABA":"阿里巴巴","03086":"华夏纳指","PSQ":"做空纳斯达克100指数ETF-ProShares",".IXIC":"NASDAQ Composite","TTTN":"老虎中美互联网巨头ETF","NTES":"网易","QID":"两倍做空纳斯达克指数ETF-ProShares"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164480285","content_text":"摘要：美债收益率大跌提升投资者风险偏好，纳指大涨逾2％，中概股集体反弹；美国输油管道重开，美油、布油双双大涨逾2％；14个月牛市后，贝佐斯等亿万富豪纷纷减持股票 ，大佬Q1持仓 ：桥水建仓特斯拉抛黄金，索罗斯建仓唯品会清仓Palantir。海外市场1、美债收益率下跌助美股录得二连涨！纳指大涨逾2％，中概股集体反弹美股三大指数周五高开高走全线收涨，因美国4月零售销售未见增长并逊于预期，美债收益率大跌，提升了投资者的风险偏好情绪。截至收盘，道指涨360.68点，报34382.13点，涨幅为1.06%；纳指涨304.99点，报13429.98点，涨幅为2.32%；标普500指数涨61.35点，报4173.85点，涨幅为1.49%。中概股整体出现了较为强劲的反弹。截至周五收盘，阿里巴巴涨1.66%、腾讯ADR涨3.64%、百度涨3.85%、京东涨1.67%、网易涨3.77%、哔哩哔哩涨10.72%、小鹏汽车涨9.08%、蔚来汽车涨7.05%、理想汽车涨6.50%、嘉楠科技涨11.25%、晶科能源涨2.47%、拼多多涨2.69%、好未来涨5.38%、新东方涨5.99%、有道涨8.64%。2、英国央行行长称通胀不会持续 欧股周五全线收涨投资者对通胀的担忧随着大宗商品价格的回落放缓，欧洲股市周五（5月14日）继续大幅反弹，此前股市在本周交易开始时遭遇抛售。3、美国输油管道重开，美油、布油双双大涨逾2％！本周均连续第三周走高原油期货价格周五收盘上涨，本周也同样走高，原因是美国一条关键的燃油输送管道在上周末因受到勒索软件攻击而被迫关闭后重新开放。4、美元走强推动金价收高0.8％，录得二连涨！创3个多月收盘新高纽约商品交易所6月份交割的黄金期货价格上涨14.10美元，报收于每盎司1838.10美元，涨幅为0.8%，创下了自2月10日以来的最高收盘价，此前该合约在周四的交易中也收盘上涨近0.1%在本周的整体交易中，按主力合约计算，黄金期货价格累计上涨了0.4%左右。5、狗狗币飙涨逾40％！马斯克再发声：将与狗狗币开发商合作狗狗币价格周五飙升，原因是这种加密货币的支持者、特斯拉（NASDAQ:TSLA）首席执行官埃隆·马斯克（Elon Musk）在社交媒体上发布了一条消息，且加密货币交易所Coinbase称其将提供狗狗币交易。6、大佬Q1投资：桥水建仓特斯拉，索罗斯建仓唯品会全球最大对冲基金桥水今年一季度增持消费类股和银行股，抛售黄金ETF和科技股，但建仓了特斯拉。索罗斯的家族办公室也抛售了一些科技股，其中大数据明星Palantir直接清仓，但同时增持了不少中概股，包括新进做多唯品会。7、桥水基金Q1持仓：加仓消费买回特斯拉，中概股遭减持根据13F数据平台Whalewisdom统计，在桥水Q1持仓中，总共增持204个标的、减持123个标的、新进127个标的、清仓197个标的。从整体操作来看，桥水一季度主要加仓方向为消费股，对于标普500ETF、黄金ETF等基金工具做出了较大减持。国际宏观1、美联储梅斯特：政策处于良好状态 现在不是进行调整的时候克里夫兰联邦储备银行行长洛蕾塔·梅斯特（Loretta Mester）表示，美联储的政策目前处于良好状态。她还淡化了经济数据发出的信号，称随着经济重启，数据将会表现不稳定。2、美国人不愿意花钱了？4月零售销售未见增长，并逊于预期美国商务部周五公布的数据显示，4月整体零售额环比基本持平，3月上修为增长10.7%。彭博调查显示，经济学家预估中值为4月增长1%。3、美联储已准备投降？大空头席夫：美国通胀将“爆炸”，美元正丧失购买力在著名投资人、财经评论家席夫（Peter Schiff）看来美，联储不会和通货膨胀作战的。这么说是因为，哪怕他们尝试去作战，也注定将会失败，所以，他们根本就连尝试都不会去尝试。出于这个原因，我一直在告诉大家，不会有针对通货膨胀的战争。联储现在就已经准备好投降了。通货膨胀毫无疑问将大获全胜。事实上，未来的通胀问题将比市场所预计的可怕得多。如果金价的疲软真的是因为通货膨胀高过预期的缘故，那么投资者现在就应该抓住机会买进。4、落袋为安！14个月牛市后，贝佐斯等亿万富豪纷纷减持股票全世界最富有的股东们纷纷出售持股、落袋为安。包括亚马逊的杰夫·贝佐斯和谷歌联合创始人Sergey Brin在内，企业内部人士最近加快减持步伐，抓住14个月大牛市的机会变现。5、分不清通胀到底是喜讯还是噩耗 美国投资者有理由心惊肉跳人们普遍认为，对于股市来说，通货膨胀是个利好因素。但是，在过去的一周内，远超经济学家预期的通胀攀升，让美国股市的投资者们惊慌失措。一位华尔街分析师表示，仔细翻看历史记录，或许就能知道投资者们为何会有如此表现了。6、新债王冈拉克：有理由担心通胀，可能迫使美联储加息冈拉克表示：“在我看来，本周市场开始有点担心（通胀）了。”他随后补充说：“这是多年来消费者物价指数与经济学家预期相差最大的一次，甚至可能是我整个职业生涯中最大的一次。”公司新闻1、迪士尼、爱彼迎和DoorDash的财报揭示了疫情后的经济新常态爱彼迎表示，随着疫苗变得更加普及，人们对旅游的兴趣再次飙升。该公司指出，在英国首相鲍里斯-约翰逊2月份宣布逐步退出封锁后，英国的旅游预订量立即大幅增加。对于60岁及以上的美国客户来说，今年2月至3月，Airbnb上夏季旅游的搜索量增长了60%以上。2、亚马逊再次大规模招聘 计划在英吸纳10000名永久雇员新冠期间大量企业纷纷裁员，但全球最大在线零售商亚马逊却成为逆流而上的公司。亚马逊今日宣布将在英国增加招聘1万人，到2021年底，公司在英国的总雇员人数将达到5.5万人。3、跟风马斯克收手，媒体称Square无意购买更多比特币此前曾经购买比特币作为储备的企业当中，有人选择了停手。根据报道，在相关投资上损失了2000万美元之后，支付金融技术公司Square表示无意购买更多的比特币作储备。","news_type":1,"symbols_score_info":{"QNETCN":0.9,".IXIC":0.9,"NTES":0.9,"QID":0.9,"BABA":0.9,"QLD":0.9,"SQQQ":0.9,"PDD":0.9,"TTTN":0.9,"NQmain":0.9,"QQQ":0.9,"03086":0.9,"MNQmain":0.9,"TQQQ":0.9,"JD":0.9,"PSQ":0.9}},"isVote":1,"tweetType":1,"viewCount":4260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199654326,"gmtCreate":1620702010365,"gmtModify":1704347014389,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199654326","repostId":"1178159521","repostType":4,"repost":{"id":"1178159521","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620698492,"share":"https://ttm.financial/m/news/1178159521?lang=en_US&edition=fundamental","pubTime":"2021-05-11 10:01","market":"us","language":"zh","title":"The results of the seventh national population census have been released! The country's total population is 1,411.78 million.","url":"https://stock-news.laohu8.com/highlight/detail?id=1178159521","media":"老虎资讯综合","summary":"据央视新闻报道，5月11日上午10时，国新办举行新闻发布会，介绍第七次全国人口普查主要数据结果并答记者问。国家统计局局长宁吉喆在会上通报，全国人口共141178万人，与2010年的133972万人相比","content":"<p>According to CCTV News, at 10:00 a.m. on May 11, the State Council Information Office held a press conference to introduce the main data results of the Seventh National Population Census and answer questions from reporters. At the meeting, Ning Jizhe, Director of the National Bureau of Statistics, reported that the national population totaled 1,411.78 million, an increase of 72.06 million, or 5.38%, compared with 1,339.72 million in 2010. The average annual growth rate was 0.53%, a decrease of 0.04 percentage points from the average annual growth rate of 0.57% from 2000 to 2010. Data shows that my country's population has continued to grow at a low rate over the past 10 years.</p><p>Of the national population, 723,339,956 are male, accounting for 51.24%; The female population was 68,8438,768, accounting for 48.76%. The sex ratio of the total population was 105.07.</p><p><b>National Bureau of Statistics: The aging population is deepening, and the country will continue to face pressure for long-term balanced population development in the coming period.</b></p><p>Of the national population, 253,383,938 are aged 0-14, accounting for 17.95%. The population aged 15-59 is 894,376,020, accounting for 63.35%; The population aged 60 and above was 26,4018,766, accounting for 18.70%, of which 19,063,5280 were aged 65 and above, accounting for 13.50%. Compared with the sixth national population census in 2010, the proportion of the population aged 0-14 increased by 1.35 percentage points, the proportion of the population aged 15-59 decreased by 6.79 percentage points, the proportion of the population aged 60 and above increased by 5.44 percentage points, and the proportion of the population aged 65 and above increased by 4.63 percentage points.</p><p><b>National Bureau of Statistics: The average population per household is 2.62.</b></p><p>There are a total of 49,4157,423 households and 28,531,842 collective households nationwide, with a household population of 12,92,809,300 and a collective household population of 11,896,9424. The average population per household was 2.62 persons, a decrease of 0.48 persons from 3.10 persons in the sixth national census in 2010.</p><p><b>The population of Northeast China has declined by 1.2% in 10 years.</b></p><p>The National Bureau of Statistics released the main data results of the seventh national population census on the 11th. Data shows that the eastern region accounts for 39.93% of the population, the central region for 25.83%, the western region for 27.12%, and the northeastern region for 6.98%. Compared with 2010, the proportion of the population in the eastern region increased by 2.15 percentage points, the central region decreased by 0.79 percentage points, the western region increased by 0.22 percentage points, and the northeastern region decreased by 1.20 percentage points. The population is further concentrated in economically developed regions and urban clusters.</p><p><b>National Bureau of Statistics: Over the past 10 years, my country's new urbanization process has progressed steadily, and historic achievements have been made in urbanization construction.</b></p><p>The population living in urban areas was 901.99 million, accounting for 63.89%; The population living in rural areas is 509.79 million, accounting for 36.11%. Compared with 2010, the urban population increased by 236.42 million, the rural population decreased by 164.36 million, and the proportion of the urban population increased by 14.21 percentage points. With the deepening development of my country's new industrialization, informatization and agricultural modernization, and the implementation of the policy of urbanization of rural migrants, my country's new urbanization process has been steadily advanced over the past 10 years, and historic achievements have been made in urbanization construction.</p><p><b>National Bureau of Statistics: Population is further concentrated in economically developed regions and urban agglomerations.</b></p><p>According to data from the National Bureau of Statistics, among the 31 provinces, two have a population of over 100 million, nine have a population between 50 million and 100 million, 17 have a population between 10 million and 50 million, and three have a population of less than 10 million. Among them, the top five provinces in terms of population account for 35.09% of the national population. By region, the population of the eastern region is 56,3717,119, accounting for 39.93%; The population of the central region is 36,469,4362, accounting for 25.83%; The population of the western region is 38,285,2295, accounting for 27.12%; The population of Northeast China is 98,514,948, accounting for 6.98%. Compared with 2010, the proportion of the population in the eastern region increased by 2.15 percentage points, the central region decreased by 0.79 percentage points, the western region increased by 0.22 percentage points, and the northeastern region decreased by 1.20 percentage points. The population is further concentrated in economically developed regions and urban clusters.</p><p><b>National Bureau of Statistics: The population omission rate in the Seventh National Population Census was 0.05%, and the census results are authentic and reliable.</b></p><p>The National Bureau of Statistics stated that the seventh national population census implemented a strict quality control system and established and improved a mechanism for tracing and accountability of census data to ensure that census data is verifiable, traceable, and accountable. Make full use of departmental administrative records and enterprise big data to conduct refined comparison and verification of census data. Census agencies at all levels strictly implement quality control requirements, conscientiously carry out quality acceptance inspections, and ensure the quality of work at each stage of the census. To objectively and comprehensively evaluate the quality of national population census registration, the Leading Group Office organized a post-event quality inspection. The results showed that the population omission rate in the seventh national population census was 0.05%, and the census results were authentic and reliable.</p><p><b>National Bureau of Statistics: The population with a university degree is 218.36 million</b></p><p>The population with a university degree is 218.36 million. Compared to 2010, the number of people with a university degree per 100,000 increased from 8,930 to 15,467, the average years of education for people aged 15 and above increased from 9.08 years to 9.91 years, and the illiteracy rate decreased from 4.08% to 2.67%. The continuous improvement in educational status reflects the positive results achieved in my country's vigorous development of higher education and the eradication of illiteracy among young and middle-aged adults over the past 10 years, as well as the continuous improvement in the quality of the population.</p><p><b>There are 34.9 million more men than women in China</b></p><p>The male population was 723.34 million, accounting for 51.24%; The female population is 688.44 million, accounting for 48.76%. The total population sex ratio (100 females, male to female ratio) was 105.07, which was basically the same as in 2010, but slightly lower. The sex ratio at birth was 111.3, a decrease of 6.8 compared to 2010.</p><p><b>Bureau of Statistics: my country's domestic market advantages and demographic dividend still exist.</b></p><p>According to a press conference held by the State Council Information Office, my country's advantage of a super-large domestic market will exist for a long time, and the population, resources and environment are in a tight balance, requiring measures to promote balanced population development. Labor resources remain abundant, and the demographic dividend still exists; As the quality of the population continues to improve, new advantages of the talent dividend will gradually emerge.</p><p><b>National Bureau of Statistics: The proportion of second children among births rose from about 30% in 2013 to about 50% in 2017.</b></p><p>According to Ning Jizhe, director of the National Bureau of Statistics, the number and proportion of children in the population are increasing in terms of age composition. The number of children aged 0-14 increased by 30.92 million compared to 2010, an increase of 1.35 percentage points. Decisions and policies such as \"individual two-child policies\" and \"universal two-child policies\" have promoted a rebound in the birth population, resulting in a significant increase in the birth rate of second children. The proportion of second children in the birth population rose from about 30% in 2013 to about 50% in 2017.</p><p><b>National Bureau of Statistics: Slowing population growth requires measures to promote long-term balanced population development.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, explained that the impact of population change on the economy and society should be viewed dialectically. my country's basic national conditions of a large population base and large population have not changed, the advantage of a super-large domestic market will exist for a long time, and the population, resources and environment will remain in a tight balance. At the same time, population growth is slowing down, and measures need to be taken to promote long-term balanced population development.</p><p>National Bureau of Statistics: Population growth will continue to slow down, but the total will remain above 1.4 billion for a long time.</p><p><b>National Bureau of Statistics: The average age of my country's population is 38.8 years old</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, introduced that the census results also show that my country's working-age population aged 16-59 is 880 million, and the labor force resources are still abundant. According to this census, the average age of my country's population is 38.8 years old. Overall, they are still young and energetic. The United States recently released its latest census data, showing that the average age is 38 years old, which is similar to the level in my country.</p><p><b>The National Bureau of Statistics responded to the slowdown in population growth: a combination of factors.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that census data shows that my country's population growth rate has slowed down, with an average annual growth rate of 0.53% over the past decade, a decrease of 0.04 percentage points from the previous decade. This trend is the result of a combination of factors, mainly due to the continuous decline in the number of women of childbearing age, especially those in their prime, the delay in people's childbirth, and the increase in the cost of childbirth and childcare. This is an objective result of my country's economic development, especially industrialization and urbanization, reaching a certain stage, and it is also a common problem faced by the world, especially developed countries.</p><p><b>National Bureau of Statistics: Population aging presents both opportunities and challenges as a significant national condition during the growth period.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that population aging is an important trend in my country's social development and a long-term and important national condition. Addressing population aging presents both challenges and opportunities. In terms of challenges, population aging has reduced the working-age population and increased the burden on social security. However, it should also be recognized that aging has promoted the development of the silver economy, increased consumption of elderly services, and technological advancements. It is worth mentioning that among the elderly population, young people aged 60 to 69 account for more than 50%, indicating great potential to contribute their remaining energy.</p><p><b>Is there a \"data adjustment phase\" in the population census? Bureau of Statistics: No post-event adjustments</b></p><p>Zhang Yi, deputy director of the Office of the Leading Group for the Seventh National Population Census of the State Council and director of the Department of Population and Employment Statistics of the National Bureau of Statistics, said that the population census is a comprehensive survey. The Seventh Population Census registers all census subjects one by one according to unified standards and within a unified time frame. Data is collected electronically and reported in real time online. After the data is reviewed, the relevant population data is directly summarized and calculated without any subsequent adjustments.</p><p><b>Statistics Bureau Responds to Population Decline in Northeast China: Further Strengthen Research on Population Problems in Northeast China</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that the population decline in Northeast China is affected by many factors, including the natural environment, geographical environment, fertility level, and economic and social development. Next, we will further strengthen our research on population issues in Northeast China, actively address the challenges brought about by population change, seize the opportunities presented by these changes, and serve the economic and social development of Northeast China.</p><p>According to the National Bureau of Statistics, the total fertility rate of women of childbearing age in my country was 1.3 in 2020, which is at a relatively low fertility level.</p><p><b>In 2020, China's birth population was 12 million.</b></p><p>Ning Jizhe, deputy head of the State Council's Leading Group for the Seventh National Population Census and director of the National Bureau of Statistics, said at a press conference on May 11 that the universal two-child policy has achieved positive results. First, the export population is large, with the birth population increasing significantly in 2016 and 2017, exceeding 18 million and 17 million respectively. The number of births has declined since 2018. Preliminary data shows that my country's birth population in 2020 was 12 million, which is still a considerable number. Second, the proportion of second children is high. Between 2014 and 2017, the proportion of second children among those born increased significantly, from 30% in 2013 to about 50% in 2017. Although it has declined since then, it is still above 40%. Third, the fertility rate has declined. The total fertility rate of women of childbearing age in my country is 1.3, which is already at a low fertility level.<img src=\"https://static.tigerbbs.com/42f8c6889d366f137dfa29760f7e099f\" tg-width=\"750\" tg-height=\"4160\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The results of the seventh national population census have been released! The country's total population is 1,411.78 million.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe results of the seventh national population census have been released! The country's total population is 1,411.78 million.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-11 10:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>According to CCTV News, at 10:00 a.m. on May 11, the State Council Information Office held a press conference to introduce the main data results of the Seventh National Population Census and answer questions from reporters. At the meeting, Ning Jizhe, Director of the National Bureau of Statistics, reported that the national population totaled 1,411.78 million, an increase of 72.06 million, or 5.38%, compared with 1,339.72 million in 2010. The average annual growth rate was 0.53%, a decrease of 0.04 percentage points from the average annual growth rate of 0.57% from 2000 to 2010. Data shows that my country's population has continued to grow at a low rate over the past 10 years.</p><p>Of the national population, 723,339,956 are male, accounting for 51.24%; The female population was 68,8438,768, accounting for 48.76%. The sex ratio of the total population was 105.07.</p><p><b>National Bureau of Statistics: The aging population is deepening, and the country will continue to face pressure for long-term balanced population development in the coming period.</b></p><p>Of the national population, 253,383,938 are aged 0-14, accounting for 17.95%. The population aged 15-59 is 894,376,020, accounting for 63.35%; The population aged 60 and above was 26,4018,766, accounting for 18.70%, of which 19,063,5280 were aged 65 and above, accounting for 13.50%. Compared with the sixth national population census in 2010, the proportion of the population aged 0-14 increased by 1.35 percentage points, the proportion of the population aged 15-59 decreased by 6.79 percentage points, the proportion of the population aged 60 and above increased by 5.44 percentage points, and the proportion of the population aged 65 and above increased by 4.63 percentage points.</p><p><b>National Bureau of Statistics: The average population per household is 2.62.</b></p><p>There are a total of 49,4157,423 households and 28,531,842 collective households nationwide, with a household population of 12,92,809,300 and a collective household population of 11,896,9424. The average population per household was 2.62 persons, a decrease of 0.48 persons from 3.10 persons in the sixth national census in 2010.</p><p><b>The population of Northeast China has declined by 1.2% in 10 years.</b></p><p>The National Bureau of Statistics released the main data results of the seventh national population census on the 11th. Data shows that the eastern region accounts for 39.93% of the population, the central region for 25.83%, the western region for 27.12%, and the northeastern region for 6.98%. Compared with 2010, the proportion of the population in the eastern region increased by 2.15 percentage points, the central region decreased by 0.79 percentage points, the western region increased by 0.22 percentage points, and the northeastern region decreased by 1.20 percentage points. The population is further concentrated in economically developed regions and urban clusters.</p><p><b>National Bureau of Statistics: Over the past 10 years, my country's new urbanization process has progressed steadily, and historic achievements have been made in urbanization construction.</b></p><p>The population living in urban areas was 901.99 million, accounting for 63.89%; The population living in rural areas is 509.79 million, accounting for 36.11%. Compared with 2010, the urban population increased by 236.42 million, the rural population decreased by 164.36 million, and the proportion of the urban population increased by 14.21 percentage points. With the deepening development of my country's new industrialization, informatization and agricultural modernization, and the implementation of the policy of urbanization of rural migrants, my country's new urbanization process has been steadily advanced over the past 10 years, and historic achievements have been made in urbanization construction.</p><p><b>National Bureau of Statistics: Population is further concentrated in economically developed regions and urban agglomerations.</b></p><p>According to data from the National Bureau of Statistics, among the 31 provinces, two have a population of over 100 million, nine have a population between 50 million and 100 million, 17 have a population between 10 million and 50 million, and three have a population of less than 10 million. Among them, the top five provinces in terms of population account for 35.09% of the national population. By region, the population of the eastern region is 56,3717,119, accounting for 39.93%; The population of the central region is 36,469,4362, accounting for 25.83%; The population of the western region is 38,285,2295, accounting for 27.12%; The population of Northeast China is 98,514,948, accounting for 6.98%. Compared with 2010, the proportion of the population in the eastern region increased by 2.15 percentage points, the central region decreased by 0.79 percentage points, the western region increased by 0.22 percentage points, and the northeastern region decreased by 1.20 percentage points. The population is further concentrated in economically developed regions and urban clusters.</p><p><b>National Bureau of Statistics: The population omission rate in the Seventh National Population Census was 0.05%, and the census results are authentic and reliable.</b></p><p>The National Bureau of Statistics stated that the seventh national population census implemented a strict quality control system and established and improved a mechanism for tracing and accountability of census data to ensure that census data is verifiable, traceable, and accountable. Make full use of departmental administrative records and enterprise big data to conduct refined comparison and verification of census data. Census agencies at all levels strictly implement quality control requirements, conscientiously carry out quality acceptance inspections, and ensure the quality of work at each stage of the census. To objectively and comprehensively evaluate the quality of national population census registration, the Leading Group Office organized a post-event quality inspection. The results showed that the population omission rate in the seventh national population census was 0.05%, and the census results were authentic and reliable.</p><p><b>National Bureau of Statistics: The population with a university degree is 218.36 million</b></p><p>The population with a university degree is 218.36 million. Compared to 2010, the number of people with a university degree per 100,000 increased from 8,930 to 15,467, the average years of education for people aged 15 and above increased from 9.08 years to 9.91 years, and the illiteracy rate decreased from 4.08% to 2.67%. The continuous improvement in educational status reflects the positive results achieved in my country's vigorous development of higher education and the eradication of illiteracy among young and middle-aged adults over the past 10 years, as well as the continuous improvement in the quality of the population.</p><p><b>There are 34.9 million more men than women in China</b></p><p>The male population was 723.34 million, accounting for 51.24%; The female population is 688.44 million, accounting for 48.76%. The total population sex ratio (100 females, male to female ratio) was 105.07, which was basically the same as in 2010, but slightly lower. The sex ratio at birth was 111.3, a decrease of 6.8 compared to 2010.</p><p><b>Bureau of Statistics: my country's domestic market advantages and demographic dividend still exist.</b></p><p>According to a press conference held by the State Council Information Office, my country's advantage of a super-large domestic market will exist for a long time, and the population, resources and environment are in a tight balance, requiring measures to promote balanced population development. Labor resources remain abundant, and the demographic dividend still exists; As the quality of the population continues to improve, new advantages of the talent dividend will gradually emerge.</p><p><b>National Bureau of Statistics: The proportion of second children among births rose from about 30% in 2013 to about 50% in 2017.</b></p><p>According to Ning Jizhe, director of the National Bureau of Statistics, the number and proportion of children in the population are increasing in terms of age composition. The number of children aged 0-14 increased by 30.92 million compared to 2010, an increase of 1.35 percentage points. Decisions and policies such as \"individual two-child policies\" and \"universal two-child policies\" have promoted a rebound in the birth population, resulting in a significant increase in the birth rate of second children. The proportion of second children in the birth population rose from about 30% in 2013 to about 50% in 2017.</p><p><b>National Bureau of Statistics: Slowing population growth requires measures to promote long-term balanced population development.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, explained that the impact of population change on the economy and society should be viewed dialectically. my country's basic national conditions of a large population base and large population have not changed, the advantage of a super-large domestic market will exist for a long time, and the population, resources and environment will remain in a tight balance. At the same time, population growth is slowing down, and measures need to be taken to promote long-term balanced population development.</p><p>National Bureau of Statistics: Population growth will continue to slow down, but the total will remain above 1.4 billion for a long time.</p><p><b>National Bureau of Statistics: The average age of my country's population is 38.8 years old</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, introduced that the census results also show that my country's working-age population aged 16-59 is 880 million, and the labor force resources are still abundant. According to this census, the average age of my country's population is 38.8 years old. Overall, they are still young and energetic. The United States recently released its latest census data, showing that the average age is 38 years old, which is similar to the level in my country.</p><p><b>The National Bureau of Statistics responded to the slowdown in population growth: a combination of factors.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that census data shows that my country's population growth rate has slowed down, with an average annual growth rate of 0.53% over the past decade, a decrease of 0.04 percentage points from the previous decade. This trend is the result of a combination of factors, mainly due to the continuous decline in the number of women of childbearing age, especially those in their prime, the delay in people's childbirth, and the increase in the cost of childbirth and childcare. This is an objective result of my country's economic development, especially industrialization and urbanization, reaching a certain stage, and it is also a common problem faced by the world, especially developed countries.</p><p><b>National Bureau of Statistics: Population aging presents both opportunities and challenges as a significant national condition during the growth period.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that population aging is an important trend in my country's social development and a long-term and important national condition. Addressing population aging presents both challenges and opportunities. In terms of challenges, population aging has reduced the working-age population and increased the burden on social security. However, it should also be recognized that aging has promoted the development of the silver economy, increased consumption of elderly services, and technological advancements. It is worth mentioning that among the elderly population, young people aged 60 to 69 account for more than 50%, indicating great potential to contribute their remaining energy.</p><p><b>Is there a \"data adjustment phase\" in the population census? Bureau of Statistics: No post-event adjustments</b></p><p>Zhang Yi, deputy director of the Office of the Leading Group for the Seventh National Population Census of the State Council and director of the Department of Population and Employment Statistics of the National Bureau of Statistics, said that the population census is a comprehensive survey. The Seventh Population Census registers all census subjects one by one according to unified standards and within a unified time frame. Data is collected electronically and reported in real time online. After the data is reviewed, the relevant population data is directly summarized and calculated without any subsequent adjustments.</p><p><b>Statistics Bureau Responds to Population Decline in Northeast China: Further Strengthen Research on Population Problems in Northeast China</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that the population decline in Northeast China is affected by many factors, including the natural environment, geographical environment, fertility level, and economic and social development. Next, we will further strengthen our research on population issues in Northeast China, actively address the challenges brought about by population change, seize the opportunities presented by these changes, and serve the economic and social development of Northeast China.</p><p>According to the National Bureau of Statistics, the total fertility rate of women of childbearing age in my country was 1.3 in 2020, which is at a relatively low fertility level.</p><p><b>In 2020, China's birth population was 12 million.</b></p><p>Ning Jizhe, deputy head of the State Council's Leading Group for the Seventh National Population Census and director of the National Bureau of Statistics, said at a press conference on May 11 that the universal two-child policy has achieved positive results. First, the export population is large, with the birth population increasing significantly in 2016 and 2017, exceeding 18 million and 17 million respectively. The number of births has declined since 2018. Preliminary data shows that my country's birth population in 2020 was 12 million, which is still a considerable number. Second, the proportion of second children is high. Between 2014 and 2017, the proportion of second children among those born increased significantly, from 30% in 2013 to about 50% in 2017. Although it has declined since then, it is still above 40%. Third, the fertility rate has declined. The total fertility rate of women of childbearing age in my country is 1.3, which is already at a low fertility level.<img src=\"https://static.tigerbbs.com/42f8c6889d366f137dfa29760f7e099f\" tg-width=\"750\" tg-height=\"4160\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6e4894dac17cab9d6e66dcf36e795d20","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178159521","content_text":"据央视新闻报道，5月11日上午10时，国新办举行新闻发布会，介绍第七次全国人口普查主要数据结果并答记者问。国家统计局局长宁吉喆在会上通报，全国人口共141178万人，与2010年的133972万人相比，增加了7206万人，增长5.38%；年平均增长率为0.53%，比2000年到2010年的年平均增长率0.57%下降0.04个百分点。数据表明，我国人口10年来继续保持低速增长态势。全国人口中，男性人口为723339956人，占51.24%；女性人口为688438768人，占48.76%。总人口性别比为105.07。国家统计局：人口老龄化程度进一步加深，未来一段时期将持续面临人口长期均衡发展的压力全国人口中，0—14岁人口为253383938人，占17.95%；15—59岁人口为894376020人，占63.35%；60岁及以上人口为264018766人，占18.70%，其中65岁及以上人口为190635280人，占13.50%。与2010年第六次全国人口普查相比，0—14岁人口的比重上升1.35个百分点，15—59岁人口的比重下降6.79个百分点，60岁及以上人口的比重上升5.44个百分点，65岁及以上人口的比重上升4.63个百分点。国家统计局：平均每个家庭户的人口为2.62人全国共有家庭户494157423户，集体户28531842户，家庭户人口为1292809300人，集体户人口为118969424人。平均每个家庭户的人口为2.62人，比2010年第六次全国人口普查的3.10人减少0.48人。东北地区人口10年下降1.2%国家统计局11日公布第七次全国人口普查主要数据结果。数据显示，东部地区人口占39.93％，中部地区占25.83％，西部地区占27.12％，东北地区占6.98％。与2010年相比，东部地区人口所占比重上升2.15个百分点，中部地区下降0.79个百分点，西部地区上升0.22个百分点，东北地区下降1.20个百分点。人口向经济发达区域、城市群进一步集聚。国家统计局：10年来我国新型城镇化进程稳步推进，城镇化建设取得了历史性成就居住在城镇的人口为90199万人，占63.89%；居住在乡村的人口为50979万人，占36.11%。与2010年相比，城镇人口增加23642万人，乡村人口减少16436万人，城镇人口比重上升14.21个百分点。随着我国新型工业化、信息化和农业现代化的深入发展和农业转移人口市民化政策落实落地，10年来我国新型城镇化进程稳步推进，城镇化建设取得了历史性成就。国家统计局：人口向经济发达区域、城市群进一步集聚国家统计局数据显示，31个省份中，人口超过1亿人的省份有2个，在5000万人至1亿人之间的省份有9个，在1000万人至5000万人之间的省份有17个，少于1000万人的省份有3个。其中，人口居前五位的省份合计人口占全国人口比重为35.09%。分区域看，东部地区人口为563717119人，占39.93%；中部地区人口为364694362人，占25.83%；西部地区人口为382852295人，占27.12%；东北地区人口为98514948人，占6.98%。与2010年相比，东部地区人口所占比重上升2.15个百分点，中部地区下降0.79个百分点，西部地区上升0.22个百分点，东北地区下降1.20个百分点。人口向经济发达区域、城市群进一步集聚。国家统计局：第七次全国人口普查人口漏登率为0.05%，普查结果真实可靠国家统计局称，第七次全国人口普查实行严格的质量控制制度，建立健全普查数据追溯和问责机制，确保普查数据可核查、可追溯、可问责。充分利用部门行政记录和企业大数据，对普查数据开展精细化比对核查。各级普查机构严格执行质量控制要求，认真开展质量验收，确保普查各阶段工作质量。为客观全面评价全国人口普查登记质量，领导小组办公室统一组织了事后质量抽查，结果显示，第七次全国人口普查人口漏登率为0.05%，普查结果真实可靠。国家统计局：具有大学文化程度的人口为21836万人具有大学文化程度的人口为21836万人。与2010年相比，每10万人中具有大学文化程度的由8930人上升为15467人，15岁及以上人口的平均受教育年限由9.08年提高至9.91年，文盲率由4.08%下降为2.67%。受教育状况的持续改善反映了10年来我国大力发展高等教育以及扫除青壮年文盲等措施取得了积极成效，人口素质不断提高。中国男性比女性多3490万人男性人口72334万人，占51.24%；女性人口为68844万人，占48.76%。总人口性别比（以女性为100，男性对女性的比例）为105.07，与2010年基本持平，略有降低。出生人口性别比为111.3，较2010年下降6.8。统计局：我国国内市场优势、人口红利依然存在国新办发布会介绍，我国超大规模的国内市场优势将长期存在，人口和资源环境处于紧平衡状态，需要采取措施促进人口均衡发展；劳动力资源依然丰富，人口红利依然存在；人口素质不断提高，人才红利新的优势将逐步显现。统计局：出生人口中“二孩”占比由2013年的30%左右上升到2017年的50%左右国家统计局局长宁吉喆介绍，从年龄构成上看，少儿人口数量增加，比重上升。0-14岁少儿人口的数量比2010年增加了3092万人，比重上升了1.35个百分点。“单独二孩”“全面两孩”等决策部署和政策措施，促进了出生人口出现回升，“二孩”生育率明显提升，出生人口中“二孩”占比由2013年的30%左右上升到2017年的50%左右。统计局：人口增长放缓 需要采取措施促进人口长期均衡发展国家统计局局长宁吉喆介绍，辩证看待人口变化对经济社会的影响。我国人口基数大、人口众多的基本国情没有改变，超大规模国内市场优势将长期存在，人口与资源环境仍将处于紧平衡状态。同时，人口增长放缓，需要采取措施促进人口长期均衡发展。国家统计局：人口增长将持续放缓，但总量将较长期保持在14亿以上。国家统计局：我国人口的平均年龄为38.8岁国家统计局局长宁吉喆介绍，普查的结果还显示，我国16-59岁劳动年龄人口为8.8亿人，劳动力人口资源仍然充沛。我国人口平均年龄通过这次普查了解到是38.8岁。总的看，依然年富力强。美国最近公布了最新的人口普查数据，平均年龄是38岁，和我国的水平差不多。统计局回应人口增速放缓：多种因素综合影响国家统计局局长宁吉喆表示，普查数据显示，我国人口增速放缓，过去十年间年均增长率是0.53%，较前一个十年下降了0.04个百分点，这种趋势的出现是多种因素综合影响的结果，主要原因是育龄妇女特别是生育旺盛期妇女数量的持续下降，人们生育时间的推迟，以及生育养育成本的提高。这是我国经济发展特别是工业化、城镇化发展到一定阶段的客观结果，也是世界尤其是发达国家普遍面临的问题。统计局：人口老龄化成长期重要国情 机遇挑战并存国家统计局局长宁吉喆表示，人口老龄化是我国社会发展的重要趋势，是较长期的重要国情，应对人口老龄化，既有挑战，也有机遇。挑战方面，人口老龄化减少了劳动人口，加重了社会保障负担。但同时也要看到，老龄化促进了银发经济的发展，增加了老年服务的消费和技术进步等。值得一提的是，在老龄人口中，60至69岁低龄老年人占比超过50%，发挥余热的潜力较大。人口普查有没有“数据调整阶段”？ 统计局：无事后调整国务院第七次全国人口普查领导小组办公室副主任、国家统计局人口和就业统计司司长张毅表示，人口普查是全面调查，七人普按照统一标准、在统一的时间范围内对所有普查对象进行逐人逐项登记，采用电子化方式采集数据，并联网实时上报，数据审核完成后，直接汇总计算得出相关人口数据，不进行事后调整。统计局回应东北地区人口减少：进一步加强对东北人口问题的研究国家统计局局长宁吉喆表示，东北地区人口的减少，受到自然环境、地理环境、人口生育水平和经济社会发展等多方面因素的影响。下一步，我们将进一步加强对东北人口问题的研究，积极应对人口变化带来的挑战，抓住变化中存在的机遇，来服务东北的经济社会发展。国家统计局：2020年我国育龄妇女总和生育率为1.3，处于较低生育水平。2020年中国出生人口为1200万人国务院第七次全国人口普查领导小组副组长、国家统计局局长宁吉喆5月11日在发布会上表示，全面两孩政策取得积极成效。第一，出口人口规模大，2016年、2017年出生人口大幅增加，分别超过1800万人、1700万人。2018年以来出生人口数量有所回落。初步汇总数据显示，2020年我国出生人口为1200万人，这个规模依然不小。第二，二孩的占比高，2014年-2017年出生人口中二孩占比明显上升，由2013年的30%上升到2017年的50%左右，此后虽有所下降但还是高于40%。第三，生育率降低，我国育龄妇女总和生育率为1.3，已经处于较低生育水平。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":4671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106956254,"gmtCreate":1620085760078,"gmtModify":1704338319650,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106956254","repostId":"2132152425","repostType":4,"repost":{"id":"2132152425","kind":"news","pubTimestamp":1620080580,"share":"https://ttm.financial/m/news/2132152425?lang=en_US&edition=fundamental","pubTime":"2021-05-04 06:23","market":"sh","language":"zh","title":"Bill Gates announces divorce! How much does it cost for a super-rich person to get a divorce?","url":"https://stock-news.laohu8.com/highlight/detail?id=2132152425","media":"新浪财经综合","summary":"　　微软创始人比尔·盖茨日前宣布与妻子梅琳达·盖茨离婚。根据福布斯今年发布的2021全球富豪榜，比尔·盖茨以1240亿美元的资产位列世界第四。　　超级富豪离婚的代价有多大？2019年世界首富亚马逊创始人杰夫．贝佐斯离婚曾经付出383亿美元的天价“分手费”，而传媒大亨默多克在与邓文迪结婚前把名下的主要资产放进了家族信托进行隔离保护。两人婚后共抚养四名子女。　　2019年，拥有逾千亿美元身价的贝佐斯与麦肯齐达成离婚协议。","content":"<p>Source: Overlooking the World</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>Founder Bill Gates recently announced his divorce from his wife Melinda Gates. According to Forbes' 2021 list of the world's richest people, Bill Gates ranked fourth in the world with a net worth of $124 billion.</p><p>How much does it cost for a super-rich person to get a divorce? The world's richest man in 2019<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Founder Jeff Bezos paid a staggering $38.3 billion in divorce settlements, while media mogul Rupert Murdoch placed his main assets in a family trust for segregation and protection before marrying Wendi Deng. Some divorce cases involving wealthy individuals in China have also led to complex entanglements.</p><p><img src=\"https://static.tigerbbs.com/1dc6b7900e225fb1072ea0b139686c40\" tg-width=\"550\" tg-height=\"588\" referrerpolicy=\"no-referrer\"></p><p>Bill Gates ranked fourth on Forbes' 2021 list of the world's richest people.</p><p><b>Bezos's $38.3 billion sky-high \"breakup fee\"</b></p><p>Mackenzie and Bezos met more than 20 years ago while working at the same hedge fund, and the two married in 1993. In 1994, Bezos founded<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>McKenzie was Amazon's accountant at the time and one of Amazon's earliest employees. The couple raised four children after their marriage.</p><p>In 2019, Bezos, who has a net worth of over $100 billion, reached a divorce agreement with McKenzie. Since Bezos and McKenzie did not sign a prenuptial agreement when they got married, the couple jointly held approximately 16% of Amazon shares before their divorce, according to Washington state law.<b>McKenzie could have received half of her net worth, but she chose to let go generously, ultimately taking only 4% of Amazon's stock, which was worth $38.3 billion at the time.</b>After that, Bezos only owned about 11% of Amazon shares.</p><p>This exorbitant \"divorce settlement\" was dubbed the world's most expensive divorce settlement, even though the Bloomberg Billionaires Index still ranked Bezos as the world's richest person and estimated his net worth at $118 billion. (Note: As of 2021, Bezos's assets had grown to $177 billion.)</p><p><img src=\"https://static.tigerbbs.com/4e5786f8a7a4defcf4d285b9bef35e4f\" tg-width=\"550\" tg-height=\"368\" referrerpolicy=\"no-referrer\"></p><p>Other Issues</p><p><b>Asset shrinkage</b></p><p>Even if Bezos's divorce announcement is better written than his wedding vows, he still has to face the issue of asset division, and asset shrinkage is the most direct problem in billionaire divorces.</p><p>In 2016, Chinese internet giants<a href=\"https://laohu8.com/S/300418\">Kunlun Tech</a>Chairman Zhou Yahui and his wife Li Qiong reached a divorce property division agreement, with Li Qiong receiving 277.93 million shares.<a href=\"https://laohu8.com/S/300418\">Kunlun Tech</a>Based on the stock price at the time, Li Qiong received a staggering 7.076 billion yuan in assets, making it the most expensive divorce case in China. After a 36-month lock-up period, Li Qiong sold a large amount of Kunlun Tech stock. Before her divorce, she was ranked first on the Hurun Self-Made List with a net worth of 26 billion yuan. However, in 2018, she was only ranked among the top 2,000 on the Hurun Rich List with a net worth of 6.9 billion yuan. \"If Zhou Yahui dumps me, I will dump Zhou Yahui's stock.\"</p><p><img src=\"https://static.tigerbbs.com/51b54161d1cbf10046520ca70105c16a\" tg-width=\"550\" tg-height=\"586\" referrerpolicy=\"no-referrer\"></p><p><b>Murdoch paid $1.7 billion in divorce from his second wife, Anna Tove</b>Having suffered heavy losses, Murdoch, having learned from his mistakes, transferred his main assets, especially...<a href=\"https://laohu8.com/S/NWS\">News Corp.</a>The shares were all placed in a family trust for segregation and protection.<b>In 2013, when Wendi Deng divorced, she only received two properties and made her two daughters beneficiaries of an $8.7 million fund. For Wendi Deng, this was essentially leaving with nothing.</b>As expected of an old mage who had been divorced three times.</p><p>Of course, there are also property divisions that are calm and \"happy for everyone\". In 2014, Dai Xiuli, the first Chinese billionaire to appear on the UK's richest women list, divorced. However, her British husband, Tony Hawken, who was a math teacher, filed for divorce on the grounds that she was tired of living an excessively wealthy life. This British teacher is content with affordable £10 bottles of wine, enjoys lunching at chain pubs, and dislikes designer brands, while his wife prefers to drive...<a href=\"https://laohu8.com/S/RRN.UK\">Rolls-Royce</a>With Bentleys, buying football clubs all over the world, drinking £900 a bottle of champagne. Hawken revealed to British media that he only asked Dai Xiuli, who has a net worth of £1.2 billion (approximately RMB 12.3 billion), for £1 million in alimony. Believing that his life would be secure for the rest of his life, he spent his daily life teaching children from poor families for free.</p><p><img src=\"https://static.tigerbbs.com/5acf1a71ca7bca43197bc3bbe855294c\" tg-width=\"498\" tg-height=\"590\" referrerpolicy=\"no-referrer\"></p><p>Even if there are no problems with asset division, the negative effects of divorce itself can make career and marriage \"reverse\". The divorce of Yang Mi and Liu Kaiwei has made the news of \"menstrual posts\" that had been going on for several years a thing of the past, and has also reduced the valuation of the companies in which Yang Mi holds shares by 1 billion yuan.</p><p><b>IPO blocked, severely affected by merger</b></p><p>In the eyes of some wealthy people, a beautiful wife is a savior before marriage, but a stumbling block after marriage.</p><p>In August 2007, Wang Wei, the founder of Tudou.com, registered his marriage with Yang Lei, a female anchor from Shanghai Television. The couple, who were once widely regarded as a perfect match, began to separate 10 months after their marriage. In August 2008, Wang Wei filed for divorce for the first time, but the court did not support her divorce request until March 2010, when the court finally granted a divorce. In November, more than six months after their divorce, Tudou.com submitted its IPO application to the U.S. Securities and Exchange Commission before Youku. Just as Wang Wei was beginning to envision a broad future, an unexpected event occurred: the day after Tudou.com submitted its IPO application, Wang Wei's ex-wife, Yang Lei, filed a lawsuit in the Xuhui District People's Court of Shanghai, demanding a division of the property during the marriage.</p><p>The Xuhui District People's Court of Shanghai froze the equity of three companies under Wang Wei's name, instantly thwarting Tudou.com's listing plan. Six months later, Wang Wei and Yang Lei reached an out-of-court settlement. Wang Wei paid his ex-wife Yang Lei a total of $7 million in economic compensation, with $3 million paid upfront and the balance paid separately after Tudou.com went public. In August of the same year, Tudou.com finally went public on NASDAQ in the United States, but it missed the best opportunity to go public. Tudou.com, which was far ahead, was eventually swallowed up by Youku. This divorce case also gave rise to the \"potato clause\" in the investment world.</p><p>The so-called \"potato clause\" refers to an investor's requirement that the CEO or main founder of the invested company must obtain the consent of the board of directors, especially preferred shares shareholders, to get married or divorced. Wang Wei's ex-wife, Yang Lei, now hosts a family dispute mediation program on Shanghai TV, and her every move exudes the posture of a victor.</p><p>However, even with the \"potato clause\" as a firewall, it cannot stop the manifestation of the divorce curse. Unlike Wang Wei and Yang Lei, Yang Haoran, the founder of Ganji.com, and his wife are a typical married couple who met and got married in China more than 20 years ago, and then went to study in the United States together. In 2005, Yang Haoran and his younger brother returned to China to found Ganji.com. Like many couples who can share joys and sorrows but not wealth and wealth, just as their careers were taking off, Yang Haoran and Wang Hongyan's marriage faced a crisis.</p><p>The trigger for the rapid collapse of their marriage was Wang Hongyan's unexpected discovery that Yang Haoran was secretly transferring a huge sum of money from his American account. Unwilling to divide the shares of Ganji.com, which he had worked so hard to build, to his wife, the two began a tug-of-war divorce proceeding. Some of the shares were preserved, causing Ganji.com, like Tudou.com, to miss the opportunity to go public. In 2013, Ganji.com's old rival<a href=\"https://laohu8.com/S/WUBA\">58.com</a>After completing its Nasdaq listing, and with the support of funds, it quickly surpassed Ganji.com. Investors no longer expected Ganji.com to go public and began to plan mergers and acquisitions. Ultimately, 58.com acquired Ganji.com. By the way, Ganji.com and<a href=\"https://laohu8.com/S/WUBA\">58.com</a>The spokespeople are Yao Chen and Yang Mi, who are both \"divorced\".</p><p>Based on the lessons learned from precedents like Ganji.com and Tudou.com, it may no longer be something that documents and terms can prevent. Some VC firms have stated that for companies they plan to invest in, if the owner is married, their wives should be interviewed.</p><p>Not every billionaire's divorce is accompanied by equity disputes and debt defaults. The property division structure of Wu Yajun, once China's richest woman, is a replicable divorce model. As early as 2008, before Longfor Properties went public, Wu Yajun and her husband Cai Kui had already \"pre-divorced\". They divided the shares and each entrusted them to their own family trusts for control, but in order to successfully go public, they concealed the issue of emotional discord. Because of this design, there was no dispute over equity division when the couple divorced in 2012. Wu Yajun took control of their shares after the divorce through an agreement, while her ex-husband Cai Kui married a flight attendant with a huge divorce settlement.</p><p>If the divorce of the founder of Tudou Ganji was a \"non-cooperative game,\" then the \"divorce economics\" of Wu Yajun and his wife is a model of \"cooperative game.\"</p><p><b>Feuds between wealthy families and imprisonment</b></p><p>Divorce feuds between wealthy families can sometimes lead to imprisonment.</p><p>apm in Beijing, ifc and iapm in Shanghai, IFS in Chengdu—these iconic shopping malls from various places are all Hong Kong.<a href=\"https://laohu8.com/S/00016\">Sun Hung Kai Properties</a>With its commercial real estate projects, the Kwok family behind it is the second richest family in Hong Kong after Li Ka-shing. With the unity and cooperation of the three Kwok brothers, Sun Hung Kai Properties has become the largest real estate company in Hong Kong by market capitalization. And it was this business tycoon who was almost sunk by a marital breakdown.</p><p>The 1997 kidnapping case of the century left a psychological scar on Sun Hung Kai Properties' young master Walter Kwok, causing him to develop mania. The various hesitations in the ransom payment process made him suspicious of his family, and he was even unable to communicate with his wife, Li Tianying. It's worth noting that back then, in order to marry Jimmy Lee, the amorous Kwok Ping-sheung was willing to divorce and break with his family.</p><p><img src=\"https://static.tigerbbs.com/f961bc00237d816a35460b3453d1d5cb\" tg-width=\"486\" tg-height=\"458\" referrerpolicy=\"no-referrer\"></p><p>At this time, Walter Kwok's first love, Tang Jinxin, gave him the greatest care. Walter Kwok also stayed at Tang Jinxin's home to recover. After gradually recovering, he returned to take charge of the family business and appointed Tang Jinxin to a key position in Sun Hung Kai Properties. Tang Jinxin gradually intervened in the company's operations and expanded her personal influence, which aroused dissatisfaction among the rest of the Guo family.</p><p>Walter Kwok and his wife, Miss Tang, appeared as a couple, seemingly just waiting for a divorce papers from her first wife. Having witnessed two eldest daughters-in-law, Mrs. Kwok clearly hoped that things would not happen more than three times. In October 2002, she gathered her three brothers and had Walter Kwok record \"11 family rules,\" including: Walter Kwok could not divorce Jimmy Lee, Tang Kam-hsin and her children could not participate in company affairs and management, were not allowed to enter the Emperor Garden Hotel and its two offices, and could not marry Walter Kwok or call herself Mrs. Kwok, etc. The signatures were witnessed by the three brothers.</p><p>However, if family rules are useful, why would a screenwriter be needed? Walter Kwok did not abide by them. Left with no other option, Mrs. Guo used her highest authority in the group to remove Walter Kwok from his position as chairman, kick him out of the board of directors, and divide the family's trust fund into three parts, giving it to his second son, Walter Kwok, his third son, Walter Kwok, and Walter Kwok's first wife, Li Tianying. The original family heir, Walter Kwok, did not receive a single penny. This division was to ensure that the family fund would not be significantly affected in the event of a marital breakdown between Walter Kwok and Walter Kwok.</p><p>Walter Kwok did not sit idly by. He used the evidence he collected to accuse his two younger brothers of bribery, exposing Hong Kong's corruption case of the century—the corruption case involving former Chief Secretary for Administration Hui Sze-yan.</p><p>To save her two sons from imprisonment, Grandma Kwong Siu-hing distributed the shares of Sun Hung Kai Properties equally among the three Kwok brothers. However, despite the support of a golden legal team, the second son of the Kwok family, Kwok Ping-kong, was convicted and resigned from his position at Sun Hung Kai Properties.</p><p>This plot, as captivating as a TVB drama, was actually brought to the screen by TVB. Coincidentally, Yue Hua and Kwok Ping-sheung, the actor who played the role and the prototype of the character, passed away on the same day in 2018.</p>","source":"sina","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>Bill Gates announces divorce! How much does it cost for a super-rich person to get a divorce?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBill Gates announces divorce! How much does it cost for a super-rich person to get a divorce?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经综合</strong><span class=\"h-time small\">2021-05-04 06:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Source: Overlooking the World</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>Founder Bill Gates recently announced his divorce from his wife Melinda Gates. According to Forbes' 2021 list of the world's richest people, Bill Gates ranked fourth in the world with a net worth of $124 billion.</p><p>How much does it cost for a super-rich person to get a divorce? The world's richest man in 2019<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Founder Jeff Bezos paid a staggering $38.3 billion in divorce settlements, while media mogul Rupert Murdoch placed his main assets in a family trust for segregation and protection before marrying Wendi Deng. Some divorce cases involving wealthy individuals in China have also led to complex entanglements.</p><p><img src=\"https://static.tigerbbs.com/1dc6b7900e225fb1072ea0b139686c40\" tg-width=\"550\" tg-height=\"588\" referrerpolicy=\"no-referrer\"></p><p>Bill Gates ranked fourth on Forbes' 2021 list of the world's richest people.</p><p><b>Bezos's $38.3 billion sky-high \"breakup fee\"</b></p><p>Mackenzie and Bezos met more than 20 years ago while working at the same hedge fund, and the two married in 1993. In 1994, Bezos founded<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>McKenzie was Amazon's accountant at the time and one of Amazon's earliest employees. The couple raised four children after their marriage.</p><p>In 2019, Bezos, who has a net worth of over $100 billion, reached a divorce agreement with McKenzie. Since Bezos and McKenzie did not sign a prenuptial agreement when they got married, the couple jointly held approximately 16% of Amazon shares before their divorce, according to Washington state law.<b>McKenzie could have received half of her net worth, but she chose to let go generously, ultimately taking only 4% of Amazon's stock, which was worth $38.3 billion at the time.</b>After that, Bezos only owned about 11% of Amazon shares.</p><p>This exorbitant \"divorce settlement\" was dubbed the world's most expensive divorce settlement, even though the Bloomberg Billionaires Index still ranked Bezos as the world's richest person and estimated his net worth at $118 billion. (Note: As of 2021, Bezos's assets had grown to $177 billion.)</p><p><img src=\"https://static.tigerbbs.com/4e5786f8a7a4defcf4d285b9bef35e4f\" tg-width=\"550\" tg-height=\"368\" referrerpolicy=\"no-referrer\"></p><p>Other Issues</p><p><b>Asset shrinkage</b></p><p>Even if Bezos's divorce announcement is better written than his wedding vows, he still has to face the issue of asset division, and asset shrinkage is the most direct problem in billionaire divorces.</p><p>In 2016, Chinese internet giants<a href=\"https://laohu8.com/S/300418\">Kunlun Tech</a>Chairman Zhou Yahui and his wife Li Qiong reached a divorce property division agreement, with Li Qiong receiving 277.93 million shares.<a href=\"https://laohu8.com/S/300418\">Kunlun Tech</a>Based on the stock price at the time, Li Qiong received a staggering 7.076 billion yuan in assets, making it the most expensive divorce case in China. After a 36-month lock-up period, Li Qiong sold a large amount of Kunlun Tech stock. Before her divorce, she was ranked first on the Hurun Self-Made List with a net worth of 26 billion yuan. However, in 2018, she was only ranked among the top 2,000 on the Hurun Rich List with a net worth of 6.9 billion yuan. \"If Zhou Yahui dumps me, I will dump Zhou Yahui's stock.\"</p><p><img src=\"https://static.tigerbbs.com/51b54161d1cbf10046520ca70105c16a\" tg-width=\"550\" tg-height=\"586\" referrerpolicy=\"no-referrer\"></p><p><b>Murdoch paid $1.7 billion in divorce from his second wife, Anna Tove</b>Having suffered heavy losses, Murdoch, having learned from his mistakes, transferred his main assets, especially...<a href=\"https://laohu8.com/S/NWS\">News Corp.</a>The shares were all placed in a family trust for segregation and protection.<b>In 2013, when Wendi Deng divorced, she only received two properties and made her two daughters beneficiaries of an $8.7 million fund. For Wendi Deng, this was essentially leaving with nothing.</b>As expected of an old mage who had been divorced three times.</p><p>Of course, there are also property divisions that are calm and \"happy for everyone\". In 2014, Dai Xiuli, the first Chinese billionaire to appear on the UK's richest women list, divorced. However, her British husband, Tony Hawken, who was a math teacher, filed for divorce on the grounds that she was tired of living an excessively wealthy life. This British teacher is content with affordable £10 bottles of wine, enjoys lunching at chain pubs, and dislikes designer brands, while his wife prefers to drive...<a href=\"https://laohu8.com/S/RRN.UK\">Rolls-Royce</a>With Bentleys, buying football clubs all over the world, drinking £900 a bottle of champagne. Hawken revealed to British media that he only asked Dai Xiuli, who has a net worth of £1.2 billion (approximately RMB 12.3 billion), for £1 million in alimony. Believing that his life would be secure for the rest of his life, he spent his daily life teaching children from poor families for free.</p><p><img src=\"https://static.tigerbbs.com/5acf1a71ca7bca43197bc3bbe855294c\" tg-width=\"498\" tg-height=\"590\" referrerpolicy=\"no-referrer\"></p><p>Even if there are no problems with asset division, the negative effects of divorce itself can make career and marriage \"reverse\". The divorce of Yang Mi and Liu Kaiwei has made the news of \"menstrual posts\" that had been going on for several years a thing of the past, and has also reduced the valuation of the companies in which Yang Mi holds shares by 1 billion yuan.</p><p><b>IPO blocked, severely affected by merger</b></p><p>In the eyes of some wealthy people, a beautiful wife is a savior before marriage, but a stumbling block after marriage.</p><p>In August 2007, Wang Wei, the founder of Tudou.com, registered his marriage with Yang Lei, a female anchor from Shanghai Television. The couple, who were once widely regarded as a perfect match, began to separate 10 months after their marriage. In August 2008, Wang Wei filed for divorce for the first time, but the court did not support her divorce request until March 2010, when the court finally granted a divorce. In November, more than six months after their divorce, Tudou.com submitted its IPO application to the U.S. Securities and Exchange Commission before Youku. Just as Wang Wei was beginning to envision a broad future, an unexpected event occurred: the day after Tudou.com submitted its IPO application, Wang Wei's ex-wife, Yang Lei, filed a lawsuit in the Xuhui District People's Court of Shanghai, demanding a division of the property during the marriage.</p><p>The Xuhui District People's Court of Shanghai froze the equity of three companies under Wang Wei's name, instantly thwarting Tudou.com's listing plan. Six months later, Wang Wei and Yang Lei reached an out-of-court settlement. Wang Wei paid his ex-wife Yang Lei a total of $7 million in economic compensation, with $3 million paid upfront and the balance paid separately after Tudou.com went public. In August of the same year, Tudou.com finally went public on NASDAQ in the United States, but it missed the best opportunity to go public. Tudou.com, which was far ahead, was eventually swallowed up by Youku. This divorce case also gave rise to the \"potato clause\" in the investment world.</p><p>The so-called \"potato clause\" refers to an investor's requirement that the CEO or main founder of the invested company must obtain the consent of the board of directors, especially preferred shares shareholders, to get married or divorced. Wang Wei's ex-wife, Yang Lei, now hosts a family dispute mediation program on Shanghai TV, and her every move exudes the posture of a victor.</p><p>However, even with the \"potato clause\" as a firewall, it cannot stop the manifestation of the divorce curse. Unlike Wang Wei and Yang Lei, Yang Haoran, the founder of Ganji.com, and his wife are a typical married couple who met and got married in China more than 20 years ago, and then went to study in the United States together. In 2005, Yang Haoran and his younger brother returned to China to found Ganji.com. Like many couples who can share joys and sorrows but not wealth and wealth, just as their careers were taking off, Yang Haoran and Wang Hongyan's marriage faced a crisis.</p><p>The trigger for the rapid collapse of their marriage was Wang Hongyan's unexpected discovery that Yang Haoran was secretly transferring a huge sum of money from his American account. Unwilling to divide the shares of Ganji.com, which he had worked so hard to build, to his wife, the two began a tug-of-war divorce proceeding. Some of the shares were preserved, causing Ganji.com, like Tudou.com, to miss the opportunity to go public. In 2013, Ganji.com's old rival<a href=\"https://laohu8.com/S/WUBA\">58.com</a>After completing its Nasdaq listing, and with the support of funds, it quickly surpassed Ganji.com. Investors no longer expected Ganji.com to go public and began to plan mergers and acquisitions. Ultimately, 58.com acquired Ganji.com. By the way, Ganji.com and<a href=\"https://laohu8.com/S/WUBA\">58.com</a>The spokespeople are Yao Chen and Yang Mi, who are both \"divorced\".</p><p>Based on the lessons learned from precedents like Ganji.com and Tudou.com, it may no longer be something that documents and terms can prevent. Some VC firms have stated that for companies they plan to invest in, if the owner is married, their wives should be interviewed.</p><p>Not every billionaire's divorce is accompanied by equity disputes and debt defaults. The property division structure of Wu Yajun, once China's richest woman, is a replicable divorce model. As early as 2008, before Longfor Properties went public, Wu Yajun and her husband Cai Kui had already \"pre-divorced\". They divided the shares and each entrusted them to their own family trusts for control, but in order to successfully go public, they concealed the issue of emotional discord. Because of this design, there was no dispute over equity division when the couple divorced in 2012. Wu Yajun took control of their shares after the divorce through an agreement, while her ex-husband Cai Kui married a flight attendant with a huge divorce settlement.</p><p>If the divorce of the founder of Tudou Ganji was a \"non-cooperative game,\" then the \"divorce economics\" of Wu Yajun and his wife is a model of \"cooperative game.\"</p><p><b>Feuds between wealthy families and imprisonment</b></p><p>Divorce feuds between wealthy families can sometimes lead to imprisonment.</p><p>apm in Beijing, ifc and iapm in Shanghai, IFS in Chengdu—these iconic shopping malls from various places are all Hong Kong.<a href=\"https://laohu8.com/S/00016\">Sun Hung Kai Properties</a>With its commercial real estate projects, the Kwok family behind it is the second richest family in Hong Kong after Li Ka-shing. With the unity and cooperation of the three Kwok brothers, Sun Hung Kai Properties has become the largest real estate company in Hong Kong by market capitalization. And it was this business tycoon who was almost sunk by a marital breakdown.</p><p>The 1997 kidnapping case of the century left a psychological scar on Sun Hung Kai Properties' young master Walter Kwok, causing him to develop mania. The various hesitations in the ransom payment process made him suspicious of his family, and he was even unable to communicate with his wife, Li Tianying. It's worth noting that back then, in order to marry Jimmy Lee, the amorous Kwok Ping-sheung was willing to divorce and break with his family.</p><p><img src=\"https://static.tigerbbs.com/f961bc00237d816a35460b3453d1d5cb\" tg-width=\"486\" tg-height=\"458\" referrerpolicy=\"no-referrer\"></p><p>At this time, Walter Kwok's first love, Tang Jinxin, gave him the greatest care. Walter Kwok also stayed at Tang Jinxin's home to recover. After gradually recovering, he returned to take charge of the family business and appointed Tang Jinxin to a key position in Sun Hung Kai Properties. Tang Jinxin gradually intervened in the company's operations and expanded her personal influence, which aroused dissatisfaction among the rest of the Guo family.</p><p>Walter Kwok and his wife, Miss Tang, appeared as a couple, seemingly just waiting for a divorce papers from her first wife. Having witnessed two eldest daughters-in-law, Mrs. Kwok clearly hoped that things would not happen more than three times. In October 2002, she gathered her three brothers and had Walter Kwok record \"11 family rules,\" including: Walter Kwok could not divorce Jimmy Lee, Tang Kam-hsin and her children could not participate in company affairs and management, were not allowed to enter the Emperor Garden Hotel and its two offices, and could not marry Walter Kwok or call herself Mrs. Kwok, etc. The signatures were witnessed by the three brothers.</p><p>However, if family rules are useful, why would a screenwriter be needed? Walter Kwok did not abide by them. Left with no other option, Mrs. Guo used her highest authority in the group to remove Walter Kwok from his position as chairman, kick him out of the board of directors, and divide the family's trust fund into three parts, giving it to his second son, Walter Kwok, his third son, Walter Kwok, and Walter Kwok's first wife, Li Tianying. The original family heir, Walter Kwok, did not receive a single penny. This division was to ensure that the family fund would not be significantly affected in the event of a marital breakdown between Walter Kwok and Walter Kwok.</p><p>Walter Kwok did not sit idly by. He used the evidence he collected to accuse his two younger brothers of bribery, exposing Hong Kong's corruption case of the century—the corruption case involving former Chief Secretary for Administration Hui Sze-yan.</p><p>To save her two sons from imprisonment, Grandma Kwong Siu-hing distributed the shares of Sun Hung Kai Properties equally among the three Kwok brothers. However, despite the support of a golden legal team, the second son of the Kwok family, Kwok Ping-kong, was convicted and resigned from his position at Sun Hung Kai Properties.</p><p>This plot, as captivating as a TVB drama, was actually brought to the screen by TVB. Coincidentally, Yue Hua and Kwok Ping-sheung, the actor who played the role and the prototype of the character, passed away on the same day in 2018.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-05-04/doc-ikmxzfmm0438875.shtml\">新浪财经综合</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8ae09aeb718ecfeb44eda599f34a7a54","relate_stocks":{"09086":"华夏纳指-U","MSFT":"微软","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","AMZN":"亚马逊"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-05-04/doc-ikmxzfmm0438875.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2132152425","content_text":"来源：瞰天下\n微软创始人比尔·盖茨日前宣布与妻子梅琳达·盖茨离婚。根据福布斯今年发布的2021全球富豪榜，比尔·盖茨以1240亿美元的资产位列世界第四。\n超级富豪离婚的代价有多大？2019年世界首富亚马逊创始人杰夫．贝佐斯离婚曾经付出383亿美元的天价“分手费”，而传媒大亨默多克在与邓文迪结婚前把名下的主要资产放进了家族信托进行隔离保护。国内一些富豪离婚案也曾导致一些复杂纠葛。\n\n福布斯2021全球富豪排行榜，比尔·盖茨位列第四。\n贝佐斯的383亿美元天价“分手费”\n20多年前，麦肯齐和贝佐斯在同一家对冲基金工作时相识，两人1993年结婚。1994年，贝佐斯创立亚马逊，麦肯齐是当时亚马逊的会计，也是亚马逊最早的员工之一。两人婚后共抚养四名子女。\n2019年，拥有逾千亿美元身价的贝佐斯与麦肯齐达成离婚协议。由于贝佐斯和麦肯齐在结婚时并没有签过婚前协议，他们夫妇在离婚前则共同持有约16%的亚马逊股份，根据他们所在的华盛顿州法律，麦肯齐本可分到一半身价，但她选择了慷慨放手，最终只分走了亚马逊4%的股票，当时这部分股票的价值达383亿美元。此后，贝佐斯手中仅剩11%左右的亚马逊股份。\n这笔天价“分手费”被外界称之为世界最贵离婚协议，当时彭博亿万富翁指数仍将贝佐斯列为全球第一富豪，并估计其净资产为1180亿美元。（注：截至2021年，贝佐斯资产已经增至1770亿美元。）\n\n其他问题\n资产缩水\n即便贝索斯的离婚声明写得比结婚誓词还要好，他也不得不面对资产分割的问题，而资产缩水也是富豪离婚中最直接的问题。\n2016年，中国互联网巨头昆仑万维董事长周亚辉与妻子李琼达成离婚财产分割约定，李琼分得2.7793亿股昆仑万维股份，按照当时的股价计算，李琼分得财产达到70.76亿元之巨，这是中国最贵的离婚案。在36个月的锁定期后，李琼便抛出了大量昆仑万维的股票，离婚前还能以260亿位列胡润白手起家榜第一位，到了2018年却只能以69亿的身家排在胡润百富榜的2000多位，“周亚辉抛我，我就抛周亚辉股票”。\n\n默多克在与第二任妻子安娜·托芙离婚时支付了17亿美元，损失惨重，吃一堑长一智的默多克在与邓文迪结婚前把名下的主要资产，特别是新闻集团股权都放进了家族信托进行隔离保护。2013年，邓文迪在离婚时仅获得了两套房产和让两个女儿成为870万美金基金的受益人，对于邓文迪而言这基本属于净身出户了，不愧是离过三次婚的老法师。\n当然，也有风平浪静、“皆大欢喜”的财产分割。2014年，首登全英女富豪榜的华人女富豪戴秀丽离婚了，不过是她身为数学老师的英国丈夫托尼·霍肯提出的，理由是自己厌倦了太富裕的生活。这位英国老师满足于每瓶十镑的平价酒、喜欢在连锁酒吧吃午餐，也不喜欢名牌，而他的太太喜欢开着劳斯莱斯和宾利、满世界买着足球俱乐部、喝着900英镑一瓶的香槟。霍肯向英国媒体透露，自己只向身家12亿英镑（约合人民币123亿元）的戴秀丽要了100万英镑的赡养费，认为后半辈子生活有了保障的他，日常生活是免费给穷人家的孩子上课。\n\n即便资产分割没有问题，离婚本身的负面效应也会让事业婚姻“双水逆”，杨幂和刘恺威离婚，让持续几年的“月经贴”新闻爆料成为了过去式，也让杨幂参股的公司估值缩水了10个亿。\n上市受阻，惨被兼并\n娇妻在一些富豪的眼中，婚前是救世主，婚后是拦路虎。\n2007年8月，土豆网创始人王微与上海电视台的女主播杨蕾登记结婚，曾经被外界普遍看好的郎才女貌的一对，婚后10个月便开始分居。2008年8月，王微第一次提出离婚，法院没有支持其离婚请求，直至2010年3月，法院才判决双方离婚。双方离婚后半年多的11月，土豆网先于优酷向美国证监会提交了IPO申请，就当王微开始憧憬未来的广阔蓝图时，意外发生了：王微的前妻杨蕾在土豆网提交上市申请的第二天，向上海市徐汇区人民法院起诉，要求分割婚姻关系存续期间的财产。\n上海徐汇区人民法院冻结了王微名下三家公司的股权，土豆网的上市计划瞬间泡汤。半年后，王微与杨蕾达成庭外和解，王微总共支付前妻杨蕾700万美元的经济补偿，先行支付300万美元，待土豆网上市后另行支付余额。同年8月，土豆网终于在美国纳斯达克上市，但是却错过了上市的最好时机，本来遥遥领先的土豆网，最后被优酷吞并。而这件离婚案也催生出了投资界的“土豆条款”。\n所谓“土豆条款”是指投资者要求被投资公司的CEO、主要创始人结婚或者离婚必须经过董事会，尤其是优先股股东的同意后方可进行。如今王微的前妻杨蕾在上海台主持一档家庭纠纷调节节目，举手投足间全是胜利者的姿态。\n不过即便有着“土豆条款”作为防火墙，也是抵挡不住离婚魔咒的显现。与王微杨蕾不同，赶集网的创始人杨浩然与太太是典型的患难夫妻，二十多年前他们在国内相识并结婚，随后一同去美国留学。2005年杨浩然与弟弟一起回国创建了赶集网，与许多能同甘共苦然却不能同富贵的夫妻一样，正当事业有了起色之时，杨浩然和王红艳的婚姻却出现了危机。\n婚姻快速崩溃的导火索是王红艳意外发现了杨浩然在悄悄转移美国账户里的巨额存款，由于不甘心把自己辛苦创立的赶集网的股权分割给妻子，两人开始了堪称拉锯战的离婚诉讼，部分股权被保全有，让赶集网与土豆网一样错失了上市的良机。2013年，赶集网的老对手58同城完成了纳斯达克上市，在资金的支持下，很快超越了赶集网，投资人不再期盼赶集网上市转而开始谋划并购，最终，58并购了赶集网。顺便提一句，赶集网和58同城的代言人，分别是“离过婚”的姚晨和杨幂。\n针对赶集网、土豆网等前车之鉴，可能已经不是文件和条款可以防范的了，有VC公司表示，对准备投资的公司，凡是老板已婚的，要访谈其太太。\n并不是每个富豪的离婚都伴有股权之争和债务违约，曾经的中国女首富吴亚军财产分割架构，便是可复制的离婚范本。早在2008年，龙湖地产上市前，吴亚军与丈夫蔡奎已经“预离婚”，他们把股份分割好，并各自交由自己的家族信托控制，只是为了成功上市瞒而不报感情不和的问题。正是由于这样的设计，2012年二人离婚时，并没有产生任何股权分割的纠纷，吴亚军通过协议在离婚后掌管着二人的股份，而前夫蔡奎拿着巨额分手费和一个空姐结了婚。\n如果说土豆赶集创始人的离婚是“非合作博弈”，那吴亚军夫妇的“离婚经济学”则正是“合作博弈”的典范。\n豪门恩怨与牢狱之灾\n豪门的离婚恩怨，有时还会催生出牢狱之灾。\n北京的apm，上海的ifc、iapm，成都的IFS，这些各地标志性的购物中心都是香港新鸿基地产旗下的商业地产项目，而它背后的郭氏家族也是香港继李嘉诚之后的第二大富豪家族，新鸿基在郭氏三兄弟的团结合作下成为了香港市值最大的地产公司。而就是这样一个商业巨擘，差点被婚变击沉。\n1997年的世纪绑架案给新鸿基大少郭炳湘留下了心理阴影，导致他患上了躁狂症，赎金支付环节的种种迟疑让他对家里人产生了怀疑，连妻子李天颖也无法沟通。要知道当年为了娶李天颖，多情种子郭炳湘不惜离婚并且与家人决裂。\n\n在这个时候，郭炳湘的初恋情人唐锦馨给予他最大的关怀，郭炳湘也一直住在唐锦馨家里疗伤，慢慢恢复之后又重新回到家族企业掌权，并让唐锦馨进入新鸿基担任要职。而唐锦馨逐渐介入公司营运并扩展个人影响力，引起了郭家其他人的不满。\n郭炳湘和他的唐小姐出双入对，似乎只等一张与原配的离婚纸，见证了两任大儿媳的郭老太太显然希望事不过三。2002年10月，她聚齐三兄弟，让郭炳江记录了“11条家规”，包括：郭炳湘不能与李天颖离婚，唐锦馨与子女不能参与公司事务及管理、不准进入帝苑酒店及两个办公室、不能嫁郭炳湘及自称郭太，等等。并由三兄弟见证签名作实。\n不过如果家规有用，还要编剧做什么，郭炳湘并没有遵守这些。不得已郭老太太动用集团最高权限罢免了郭炳湘的主席位，踢他出了董事局，还将家族的信托基金一分为三，分别给了二儿子郭炳江、三儿子郭炳联以及郭炳湘的原配妻子李天颖，原本的家族继承人郭炳湘反而没有分到一毛钱，这样的分割是为了保证郭炳湘一旦婚变，家族基金不受大的影响。\n郭炳湘并没有坐以待毙，他运用手上搜集的证据，指控两个弟弟贿赂，爆出香港世纪贪污案——前政务司司长许仕仁的涉贪案件。\n为了两个儿子免受牢狱之灾，郭老太邝肖卿向郭氏三兄弟平均分配了新鸿基股权，但是尽管有黄金律师团助阵，郭家二爷郭炳江还是被判入罪，辞去了新鸿基的职务。\n这段如TVB大戏般精彩的剧情还真被TVB搬上了荧幕，巧合的是岳华与郭炳湘，角色扮演者和角色的原型竟然在2018年的同一天去世。","news_type":1,"symbols_score_info":{"QNETCN":0.9,"MSFT":0.9,"03086":0.9,"AMZN":0.9,"09086":0.9}},"isVote":1,"tweetType":1,"viewCount":3991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344707207,"gmtCreate":1618441645409,"gmtModify":1704710800490,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344707207","repostId":"1163247183","repostType":4,"repost":{"id":"1163247183","kind":"news","weMediaInfo":{"introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1618379686,"share":"https://ttm.financial/m/news/1163247183?lang=en_US&edition=fundamental","pubTime":"2021-04-14 13:54","market":"us","language":"zh","title":"Both are about tapering QE. How will this time be different from eight years ago?","url":"https://stock-news.laohu8.com/highlight/detail?id=1163247183","media":"华尔街见闻","summary":"“劳动力市场大致上与2013年底一样健康，但美联储认为这离充分就业还很远。”\n\n2013年4月，也就是QE4宣布退出的半年前，美国失业率刚刚从金融危机峰值下降到7.5%，黑人失业率则还高达13％。\n那","content":"<p>\"The labor market is roughly as healthy as it was at the end of 2013, but the Federal Reserve believes it is still far from full employment.\" In April 2013, six months before the exit of QE4 was announced, the U.S. unemployment rate had just fallen from the peak of the financial crisis to 7.5%, while the unemployment rate for Black people was still as high as 13%.</p><p>At that time, Powell had just become a governor of the Federal Reserve. At a meeting of the Open Market Committee, he said that \"substantial progress has been made in achieving economic goals\" and suggested starting to consider reducing bond purchases.</p><p><b>Eight years later, the unemployment rate has fallen from its pandemic peak to 6%, and the job market is much healthier than it was back then (for example, the Black unemployment rate has fallen to 9.6%), but Powell feels that this is not enough.</b></p><p><b>\"The recovery remains incomplete and uneven,\" he noted at last week's IMF Spring Meetings webinar.</b>The scale of QE will be maintained until \"substantial further progress\" is made towards achieving the inflation and employment targets before considering tapering.</p><p><img src=\"https://static.tigerbbs.com/0cb9269b36146e907455c5636dc1bd7d\" tg-width=\"1019\" tg-height=\"535\" referrerpolicy=\"no-referrer\"></p><p>The index combines 22 indicators reflecting the health of the job market, showing that current health is better than in 2013.</p><p>This shift in attitude indicates that the Federal Reserve now prioritizes achieving full employment and has a different understanding of \"full employment\".</p><p><b>Employment is the top priority</b></p><p>When it came to prioritizing two economic goals—stabilizing inflation at an average of 2% and achieving full employment—the Federal Reserve chose the latter this time, using a methodology derived from its experience in 2013.</p><p>In 2013, the Federal Reserve linked inflation and the unemployment rate very closely, believing that a drop in the unemployment rate to a certain level (4.5%) would trigger a sharp rise in prices. Conversely, in order to prevent inflation from getting out of control, stimulus should be withdrawn before the job market fully recovers.</p><p>Therefore, when the unemployment rate was still 7% that year, the Federal Reserve announced that it would reduce its bond purchases because it expected the unemployment rate to continue to decline after tapering QE, gradually pushing inflation back to the 2% target level.</p><p><b>But as it turns out, inflation is indeed rising, but at a very slow pace. The unemployment rate has long since fallen below 4.5%, but inflation has remained below 2% for eight years due to insufficient enthusiasm for private sector consumption and investment.</b></p><p><b>Reuters analyst Howard Schneider commented that this could lead the Federal Reserve to believe that inflation is generally weak, so it can wait for the unemployment rate to fall to a lower level this time without significant inflationary risks.</b></p><p><b>According to the Federal Reserve's forecast, the unemployment rate will fall from the current 6% to 4.5% by the end of the year, and it is expected to add one million jobs per month by this summer.</b>U.S. non-farm payrolls increased by 916,000 in March, far exceeding expectations, which is seen as evidence of a positive outlook for the job market.</p><p>However, many analysts are skeptical of this approach. The U.S. CPI rose 2.6% year-on-year in March, the highest level since August 2018. Although this was partly due to the low base effect in the same period last year, the widening supply-demand gap cannot be ignored.</p><p>The pandemic has caused widespread disruptions to the downstream consumer goods supply chain in the United States, which has not yet fully recovered, with the recent chip shortage being the most obvious example. On the demand side, demand is indeed gradually recovering, with significant improvements in demand for gasoline, food, and housing, and demand for offline services is also on a recovery track.</p><p>Edward Al-Hussainy, senior interest rate analyst at Columbia Threadneedle, said:</p><p>A large-scale experiment is underway... We are making the economy hotter and hotter. The constraints on the supply side caused by the pandemic have not been completely lifted, and the economy is undergoing restructuring. We do not know how this will affect price formation.<b>When will \"substantial progress be made\"?</b></p><p>So what constitutes a \"complete\" and \"balanced\" recovery in the job market?</p><p>At the IMF spring meetings, Powell gave a rough quantitative statement: if we can increase employment by 1 million people \"for several consecutive months\" as we did in March, \"that would really begin to show that we are making progress toward our goals.\"</p><p><b>But in addition, the Federal Reserve needs to make a significant contribution to the \"health\" of the job market this time.</b></p><p>At a Federal Reserve meeting in March, Powell expressed concern about the state of socioeconomic inequality in the United States:</p><p>The economic downturn did not hit all Americans equally; those who were already the most vulnerable were hit hardest. Currently, although the US job market is performing better in several indicators, including the overall unemployment rate, the Black unemployment rate, and the female unemployment rate, than it did when QE was exited in 2013,<b>However, the labor force participation rate and the proportion of long-term unemployed people in the unemployed population are still lower than in previous years.</b></p><p><img src=\"https://static.tigerbbs.com/ebc5f0395bc553ddbb5eb9870f1c7080\" tg-width=\"965\" tg-height=\"736\" referrerpolicy=\"no-referrer\"></p><p>Nick Bunker, head of economic research at Indeed Hiring Lab, said that today's Federal Reserve \"has a different view of what constitutes full employment.\"<b>The labor market is roughly as healthy as it was at the end of 2013, but the Federal Reserve believes it is still far from full employment.</b>”</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>Both are about tapering QE. How will this time be different from eight years ago?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoth are about tapering QE. How will this time be different from eight years ago?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time smaller\">2021-04-14 13:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>\"The labor market is roughly as healthy as it was at the end of 2013, but the Federal Reserve believes it is still far from full employment.\" In April 2013, six months before the exit of QE4 was announced, the U.S. unemployment rate had just fallen from the peak of the financial crisis to 7.5%, while the unemployment rate for Black people was still as high as 13%.</p><p>At that time, Powell had just become a governor of the Federal Reserve. At a meeting of the Open Market Committee, he said that \"substantial progress has been made in achieving economic goals\" and suggested starting to consider reducing bond purchases.</p><p><b>Eight years later, the unemployment rate has fallen from its pandemic peak to 6%, and the job market is much healthier than it was back then (for example, the Black unemployment rate has fallen to 9.6%), but Powell feels that this is not enough.</b></p><p><b>\"The recovery remains incomplete and uneven,\" he noted at last week's IMF Spring Meetings webinar.</b>The scale of QE will be maintained until \"substantial further progress\" is made towards achieving the inflation and employment targets before considering tapering.</p><p><img src=\"https://static.tigerbbs.com/0cb9269b36146e907455c5636dc1bd7d\" tg-width=\"1019\" tg-height=\"535\" referrerpolicy=\"no-referrer\"></p><p>The index combines 22 indicators reflecting the health of the job market, showing that current health is better than in 2013.</p><p>This shift in attitude indicates that the Federal Reserve now prioritizes achieving full employment and has a different understanding of \"full employment\".</p><p><b>Employment is the top priority</b></p><p>When it came to prioritizing two economic goals—stabilizing inflation at an average of 2% and achieving full employment—the Federal Reserve chose the latter this time, using a methodology derived from its experience in 2013.</p><p>In 2013, the Federal Reserve linked inflation and the unemployment rate very closely, believing that a drop in the unemployment rate to a certain level (4.5%) would trigger a sharp rise in prices. Conversely, in order to prevent inflation from getting out of control, stimulus should be withdrawn before the job market fully recovers.</p><p>Therefore, when the unemployment rate was still 7% that year, the Federal Reserve announced that it would reduce its bond purchases because it expected the unemployment rate to continue to decline after tapering QE, gradually pushing inflation back to the 2% target level.</p><p><b>But as it turns out, inflation is indeed rising, but at a very slow pace. The unemployment rate has long since fallen below 4.5%, but inflation has remained below 2% for eight years due to insufficient enthusiasm for private sector consumption and investment.</b></p><p><b>Reuters analyst Howard Schneider commented that this could lead the Federal Reserve to believe that inflation is generally weak, so it can wait for the unemployment rate to fall to a lower level this time without significant inflationary risks.</b></p><p><b>According to the Federal Reserve's forecast, the unemployment rate will fall from the current 6% to 4.5% by the end of the year, and it is expected to add one million jobs per month by this summer.</b>U.S. non-farm payrolls increased by 916,000 in March, far exceeding expectations, which is seen as evidence of a positive outlook for the job market.</p><p>However, many analysts are skeptical of this approach. The U.S. CPI rose 2.6% year-on-year in March, the highest level since August 2018. Although this was partly due to the low base effect in the same period last year, the widening supply-demand gap cannot be ignored.</p><p>The pandemic has caused widespread disruptions to the downstream consumer goods supply chain in the United States, which has not yet fully recovered, with the recent chip shortage being the most obvious example. On the demand side, demand is indeed gradually recovering, with significant improvements in demand for gasoline, food, and housing, and demand for offline services is also on a recovery track.</p><p>Edward Al-Hussainy, senior interest rate analyst at Columbia Threadneedle, said:</p><p>A large-scale experiment is underway... We are making the economy hotter and hotter. The constraints on the supply side caused by the pandemic have not been completely lifted, and the economy is undergoing restructuring. We do not know how this will affect price formation.<b>When will \"substantial progress be made\"?</b></p><p>So what constitutes a \"complete\" and \"balanced\" recovery in the job market?</p><p>At the IMF spring meetings, Powell gave a rough quantitative statement: if we can increase employment by 1 million people \"for several consecutive months\" as we did in March, \"that would really begin to show that we are making progress toward our goals.\"</p><p><b>But in addition, the Federal Reserve needs to make a significant contribution to the \"health\" of the job market this time.</b></p><p>At a Federal Reserve meeting in March, Powell expressed concern about the state of socioeconomic inequality in the United States:</p><p>The economic downturn did not hit all Americans equally; those who were already the most vulnerable were hit hardest. Currently, although the US job market is performing better in several indicators, including the overall unemployment rate, the Black unemployment rate, and the female unemployment rate, than it did when QE was exited in 2013,<b>However, the labor force participation rate and the proportion of long-term unemployed people in the unemployed population are still lower than in previous years.</b></p><p><img src=\"https://static.tigerbbs.com/ebc5f0395bc553ddbb5eb9870f1c7080\" tg-width=\"965\" tg-height=\"736\" referrerpolicy=\"no-referrer\"></p><p>Nick Bunker, head of economic research at Indeed Hiring Lab, said that today's Federal Reserve \"has a different view of what constitutes full employment.\"<b>The labor market is roughly as healthy as it was at the end of 2013, but the Federal Reserve believes it is still far from full employment.</b>”</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/acda3093f2aff10e50f822317125a553","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163247183","content_text":"“劳动力市场大致上与2013年底一样健康，但美联储认为这离充分就业还很远。”\n\n2013年4月，也就是QE4宣布退出的半年前，美国失业率刚刚从金融危机峰值下降到7.5%，黑人失业率则还高达13％。\n那时鲍威尔刚当上美联储理事不久，他在公开市场委员会会议上表示，“实现经济目标已取得实质性进展”，建议开始考虑减少购债。\n八年后的今天，失业率已经从疫情峰值下降到6%，就业市场健康状况也远好于当年（如黑人失业率降至9.6%），鲍威尔却觉得这还不够。\n上周的IMF春季会议线上研讨会上他指出，“复苏仍然不完整，不均衡”，将维持QE规模，直至实现通胀和就业目标“取得实质性的进一步进展”再考虑缩减。\n\n指数综合了反应就业市场健康状况的22个指标，显示当前健康状况好于2013年\n其中的态度转变表明，美联储如今把实现充分就业放在重中之重，并且对“充分就业”有了不同的理解。\n就业是重中之重\n在两个经济目标——稳定通胀率在平均2%水平和实现充分就业——何者为优先项上，美联储这次选择了后者，这是从2013年的经验中得来的方法论。\n2013年，美联储将通胀和失业率联系得十分紧密，他们认为失业率降到一定程度（4.5%）会触发物价水平急剧上升；则反过来，为了不让通胀失控，就应该在就业市场完全复苏前退出刺激。\n于是，当年失业率还在7%的时候，美联储就宣布减少购债，因为预计缩减QE后失业率还会继续下降，慢慢推升通胀回到2%目标位。\n但事实证明，通胀确实在升，却升得非常慢。失业率早已降到4.5%以下，但八年来，由于私营部门消费投资热情不足，通胀持续低于2%。\n路透分析师Howard Schneider评论，这可能让美联储认为，通胀总体上较弱，所以这次可以等待失业率下降到更低的水平，而不会有很大的通胀风险。\n根据美联储的预测，到年底，失业率将从目前的6％下降到4.5％，预计到今年夏天，每月将增加一百万就业人数。美国3月非农就业人口增加91.6万，远超预期，被认为是就业市场前景向好的一个证明。\n不过，许多分析师对这种做法持怀疑态度。美国3月CPI同比增长2.6%，创下2018年8月来最高水平，虽然部分是由于去年同期低基数效应，但供需缺口的扩大不容忽视。\n疫情造成美国下游消费品端大面积供应链断裂，目前尚未完全恢复，近期芯片短缺就是最明显的例子。需求端则确实在逐步抬头，汽油、食品、住房需求均明显改善，线下服务需求也处于复苏轨道。\nColumbia Threadneedle高级利率分析师Edward Al-Hussainy表示：\n\n 一场大规模的实验正在进行……我们正在让经济变得越来越热。疫情对供应端形成的约束并未完全解除，经济正在进行重新配置，我们不知道这将如何影响价格形成。\n\n何时“取得实质性进展”？\n那么对于就业市场，怎样才叫做复苏实现“完整”、“均衡”？\n鲍威尔IMF春季会议上给了个大致的定量说法：如果能像3月那样增加就业，“连续几个月”增加100万就业人口，“那样就真正开始显示，向着我们的目标有了进展”。\n但另外，美联储这次要在就业市场“健康”程度上好好画上一笔。\n3月一次美联储会议上，鲍威尔对美国社会经济不平等的状态表示担忧：\n\n 经济下滑并没有使得所有美国人受到相同的打击，本就最脆弱的那些人受到的打击最大。”\n\n目前，虽然美国就业市场在整体失业率、黑人失业率、女性失业率等多项指标上，表现都优于2013年退出QE时期，但在劳动参与率、长期失业人口占失业人口比重等方面仍不及当年。\n\nIndeed Hiring Lab经济研究主管Nick Bunker说表示，今天的美联储“对充分就业的构成有不同的看法”，“劳动力市场大致上与2013年底一样健康，但美联储认为这离充分就业还很远。”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1840,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345997924,"gmtCreate":1618271298268,"gmtModify":1704708328764,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345997924","repostId":"2126518690","repostType":4,"isVote":1,"tweetType":1,"viewCount":1966,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341585155,"gmtCreate":1617840965877,"gmtModify":1704703740819,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341585155","repostId":"1101500877","repostType":4,"repost":{"id":"1101500877","kind":"news","pubTimestamp":1617773331,"share":"https://ttm.financial/m/news/1101500877?lang=en_US&edition=fundamental","pubTime":"2021-04-07 13:28","market":"us","language":"zh","title":"Buy Chinese concept stocks at the bottom! Munger has his eye on Alibaba, and the \"female version of Buffett\" increases his holdings in Baidu.","url":"https://stock-news.laohu8.com/highlight/detail?id=1101500877","media":"上海证券报","summary":"巴菲特老搭档查理·芒格建仓买入阿里巴巴、“女版巴菲特” 凯瑟琳·伍德加仓百度、京东……趁着中概股异常下跌，华尔街大佬们正忙着抄底中概股。\n“女版巴菲特”持续加仓百度\n被称为“女版巴菲特”的凯瑟琳·伍德","content":"<p><div>Warren Buffett's longtime partner Charlie Munger built a position in Alibaba, and Katherine Wood, the \"female version of Buffett,\" increased her holdings in Baidu and JD.com... Taking advantage of the abnormal decline in Chinese concept stocks, Wall Street bigwigs are busy buying Chinese concept stocks at the bottom. Katherine Wood, known as the \"female version of Buffett,\" continues to increase her holdings in Baidu. She has always maintained a high level of attention to Chinese concept stocks. Recently, while the stock prices of some Chinese concept stocks have fallen sharply, Katherine Wood has been quietly increasing her holdings. Unlike Buffett, Katherine Wood focuses on cutting-edge technology. Currently, Katherine Wood manages five actively managed funds in the ARK product: ...</p><p><a href=\"https://mp.weixin.qq.com/s/r3RK3nJ8gyNVxr_mQLwQBQ\">Web page link</a></div></p>","source":"shzqb","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy Chinese concept stocks at the bottom! Munger has his eye on Alibaba, and the \"female version of Buffett\" increases his holdings in Baidu.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy Chinese concept stocks at the bottom! Munger has his eye on Alibaba, and the \"female version of Buffett\" increases his holdings in Baidu.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">上海证券报</strong><span class=\"h-time small\">2021-04-07 13:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>Warren Buffett's longtime partner Charlie Munger built a position in Alibaba, and Katherine Wood, the \"female version of Buffett,\" increased her holdings in Baidu and JD.com... Taking advantage of the abnormal decline in Chinese concept stocks, Wall Street bigwigs are busy buying Chinese concept stocks at the bottom. Katherine Wood, known as the \"female version of Buffett,\" continues to increase her holdings in Baidu. She has always maintained a high level of attention to Chinese concept stocks. Recently, while the stock prices of some Chinese concept stocks have fallen sharply, Katherine Wood has been quietly increasing her holdings. Unlike Buffett, Katherine Wood focuses on cutting-edge technology. Currently, Katherine Wood manages five actively managed funds in the ARK product: ...</p><p><a href=\"https://mp.weixin.qq.com/s/r3RK3nJ8gyNVxr_mQLwQBQ\">Web page link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/r3RK3nJ8gyNVxr_mQLwQBQ\">上海证券报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d8fb95e65f042f352c6313989391357","relate_stocks":{"09888":"百度集团-W","BIDU":"百度","09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://mp.weixin.qq.com/s/r3RK3nJ8gyNVxr_mQLwQBQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101500877","content_text":"巴菲特老搭档查理·芒格建仓买入阿里巴巴、“女版巴菲特” 凯瑟琳·伍德加仓百度、京东……趁着中概股异常下跌，华尔街大佬们正忙着抄底中概股。\n“女版巴菲特”持续加仓百度\n被称为“女版巴菲特”的凯瑟琳·伍德一直保持着对中概股的高度关注。近期，在部分中概股股价大幅下降之际，凯瑟琳·伍德却在悄悄加仓。\n与巴菲特不同，凯瑟琳·伍德专注于前沿科技领域。目前，凯瑟琳·伍德一手掌管的ARK产品中有五个主动基金：ARKK（创新ETF）、ARKQ（自主技术和机器人ETF）、ARKW（下一代互联网ETF）、ARKG（基因革命ETF）、ARKF（金融科技创新ETF）。\n百度似乎是凯瑟琳·伍德眼中另一个特斯拉。去年12月，ARKK首次建仓百度，之后连续分批加仓。到了4月6日，ARKK的百度持仓量飙升到了351.5万股。与此同时，ARK的另外一支基金ARKW也开始购入百度股票。此后，旗下三大基金ARKK、ARKQ及ARKW均拥有百度仓位。\n截至当地时间4月6日，ARK旗下3只基金共持有约484.5万股百度，总市值近10.77亿美元。\n凯瑟琳·伍德看中的是百度在自动驾驶方面的潜力和入局造车后的巨大想象空间。今年1月，百度宣布正式组建一家智能汽车公司，以整车制造商的身份进军汽车行业，新组建的百度汽车公司将面向乘用车市场，着眼于智能汽车的设计研发、生产制造、销售服务全产业链。\n在百度入局造车后，公司股价一路攀升，最高涨至339.91美元的高位。但在刚刚过去的3月，受美国监管层宣布通过《外国公司问责法案》最终修正案以及Archegos基金爆仓事件等利空消息影响，百度股价大幅缩水，最低跌至204.7美元，月度累计跌幅逾23%，市值缩水数百亿美元。\n在百度股价下挫之际，ARK旗下3只基金仍在持续买入。此前，ARK产品中有4只基金均持有腾讯ADR、京东ADR、3只基金持有贝壳。在电动车概念方面，ARK还持有比亚迪ADR、小牛电动。电商方面，持有电商巨头京东、阿里巴巴等。\n芒格抄底阿里巴巴\n中概股遭遇“水逆”之际，巴菲特的老搭档芒格也在悄悄抄底。\n根据Daily Journal于4月5日提交给美国证监会的13F文件，该公司在2021年第一季度新建仓中概股阿里巴巴，在3月底的持股数为165320股，以当时的股价计算持仓市值约3750万美元。截至2021年第一季度，Daily Journal持有5只股票，总价值1.97亿美元。除阿里巴巴外，该公司还持有富国银行、美国银行、浦项制铁和美国合众银行的股份，这些持仓自2020年底以来一直没有变化。\n去年年底以来，阿里巴巴股价持续大跌。外界认为，查理·芒格建仓的时机大概率是在阿里巴巴大跌之后，抄底意图较为明显。\n安山资本有限公司（Amber Hill Capital Ltd.）资产管理总监杰克逊·黄（Jackson Wong）认为，目前阿里巴巴和腾讯仍是中国的重量级科技股，暂时还看不到有哪个公司可以撼动它们的地位。\n此前，芒格在Daily Journal的年度股东大会上表示看好中国。芒格认为，中国脱贫速度让他震惊。此外，中国的工厂自动化普及率高，中国已经迈入现代化国家行列。\n业内：中概股正在去泡沫\n今年，部分机构仓位调整引发的剧烈动荡使得中概股成为关注焦点。\n财经评论员郭施亮认为，经过了这一轮的快速下跌走势，部分中概股的估值泡沫发生了快速挤压的迹象，这或许只是市场去泡沫的一个演绎过程。\n2020年以来，中概股所面临的外部环境不确定有所增加，中概股回港股上市热度不减。中金公司认为，从长远发展角度考虑，外部压力不断增加会促使更多中概股选择回归以备不时之需，特别是考虑到较低的回归成本。\n“对于符合条件的中概股公司而言，二次上市对企业没有太多新增成本，同股同权、香港联系汇率制度也使得二次上市对美国上市主体的扰动最大限度降到最低，因此选择回归都不啻为一个‘百利而无一害’的后备方案。”中金称。","news_type":1,"symbols_score_info":{"BIDU":0.9,"09988":0.9,"09888":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":1689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343070151,"gmtCreate":1617666644973,"gmtModify":1704701472763,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343070151","repostId":"1110729138","repostType":4,"repost":{"id":"1110729138","kind":"news","pubTimestamp":1617604490,"share":"https://ttm.financial/m/news/1110729138?lang=en_US&edition=fundamental","pubTime":"2021-04-05 14:34","market":"us","language":"zh","title":"April is the best month for US stocks in 20 years! Could the non-farm payrolls data surge ignite a new market trend?","url":"https://stock-news.laohu8.com/highlight/detail?id=1110729138","media":"第一财经","summary":"标普500指数上周首次突破4000点，在美国3月非农等经济数据持续向好的背景下，二季度市场值得期待。上周美国三大股指全线上涨，拜登政府的大规模基建计划提振了外界对美国经济前景的预期，标普500指数史上","content":"<p><div>The S&P 500 index broke through 4,000 points for the first time last week. Against the backdrop of continued positive economic data such as the US March non-farm payrolls report, the second quarter market is worth looking forward to. Last week, all three major U.S. stock indexes rose, as the Biden administration's large-scale infrastructure plan boosted expectations for the U.S. economic outlook, and the S&P 500 broke through the 4,000-point mark for the first time in history. Historical data shows that US stocks saw their largest average gain in April over the past 20 years. Supported by both stimulus policies and the advancement of COVID-19 vaccinations, many macroeconomic indicators in the US have continued to improve recently, and investors' confidence in the future market has increased. Senior Fellow at the Oxford Institute of Economics...</p><p><a href=\"https://www.yicai.com/news/101009919.html\">Web page link</a></div></p>","source":"dyvj","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>April is the best month for US stocks in 20 years! Could the non-farm payrolls data surge ignite a new market trend?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApril is the best month for US stocks in 20 years! Could the non-farm payrolls data surge ignite a new market trend?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">第一财经</strong><span class=\"h-time small\">2021-04-05 14:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>The S&P 500 index broke through 4,000 points for the first time last week. Against the backdrop of continued positive economic data such as the US March non-farm payrolls report, the second quarter market is worth looking forward to. Last week, all three major U.S. stock indexes rose, as the Biden administration's large-scale infrastructure plan boosted expectations for the U.S. economic outlook, and the S&P 500 broke through the 4,000-point mark for the first time in history. Historical data shows that US stocks saw their largest average gain in April over the past 20 years. Supported by both stimulus policies and the advancement of COVID-19 vaccinations, many macroeconomic indicators in the US have continued to improve recently, and investors' confidence in the future market has increased. Senior Fellow at the Oxford Institute of Economics...</p><p><a href=\"https://www.yicai.com/news/101009919.html\">Web page link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.yicai.com/news/101009919.html\">第一财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/fd680cd945fd32917c8ece66ec685e5f","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.yicai.com/news/101009919.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110729138","content_text":"标普500指数上周首次突破4000点，在美国3月非农等经济数据持续向好的背景下，二季度市场值得期待。上周美国三大股指全线上涨，拜登政府的大规模基建计划提振了外界对美国经济前景的预期，标普500指数史上首次突破4000点大关。历史数据显示，过去20年里美股4月的平均涨幅最大，在刺激政策和新冠疫苗接种推进双管齐下的支撑下，近期美国多项宏观指标持续向好，投资者对未来市场的信心有所上升。牛津经济研究院高级经济学家施瓦茨（Bob Schwartz）在接受第一财经记者采访时表示，随着疫苗接种率上升，美国经济的复苏动能正在释放。新基建计划助力经济复苏美国劳工部2日公布的非农就业报告显示，3月美国新增就业岗位91.6万个，创近8个月新高，失业率环比回落0.3个百分点至6.0%。外界对经济前景的乐观情绪推升基准10年期美债收益率尾盘再次突破1.7%关口。随着疫苗接种率逐步上升，美国各州逐步放松了对社会和商业活动的限制，受疫情影响较大的休闲和酒店业就业增长最为明显，更多的求职者进入了劳动力市场，这可能为雇主在未来几个月加大招聘力度提供良好条件。美国正在为进一步全面开放做准备，美国疾病控制与预防中心(CDC)上周五宣布,完成疫苗接种的美国人在做好防护措施的前提下可以恢复国内外旅行。在劳动力市场强劲复苏的同时，制造业也进入了加速扩张阶段。美国3月美国供应管理学会（ISM）制造业指数报64.7，创1983年12月以来的最高水平。分项指标中库存指数迅速回落，供应商正在努力满足日益增长的市场需求。施瓦茨说，非农报告、制造业PMI和消费者信心调查数据都体现了实体经济的活力。在他看来，疫苗接种进度对前景将起到决定性作用。数据显示，目前全美疫苗接种速度已经攀升到每天近300万剂，近20%的美国人完成了接种。加之，美国总统拜登上周在匹茨堡公布了超过2万亿美元的基础设施建设计划，涉及修复道路和桥梁、扩大宽带互联网接入和增加研发资金。杰富瑞（Jefferies） 预计，新一轮刺激措施如果顺利落地，有望为经济增速增加0.5到1个百分点。施瓦茨向第一财经记者表示，高频数据显示，各行业复苏的广度和持续性正在扩大，他对美国经济在春夏季节维持高速扩张的前景乐观。对于经济过热及美联储政策转向的风险，他向记者重申了此前的看法，短期内通胀超频无法避免，但很难形成持续性压力。另一方面，美国劳动力市场距离复苏依然遥远，目前整体就业人数距离大流行前峰值低840万，服务业依然存在较大缺口，因此短期内美联储调整政策立场的条件并不具备。美股4月有望延续历史刚过去的一季度，道指和标普500指数累计上涨超5%并迭创历史新高，纳指同期上涨2.8%。板块轮动成为了今年美股行情的主线，能源、金融和工业板块跑赢大盘，而去年领跑的信息技术和通信服务板块表现落后。不少机构认为这一趋势有望持续下去。景顺首席全球市场策略师胡珀（Kristina Hooper）认为， 接下来经济可能会加速增长，这意味着能源、非必需消费品、原材料等板块将继续跑赢大盘，这些都是股市中对经济最敏感的领域。二季度周期股能否延续强势（资料来源：彭博）历史数据显示，4月美国股市表现是全年最好的月份之一。LPL Financial首席市场策略师德特里克（Ryan Detrick）在发给第一财经记者的报告中指出，去年4月，标普500指数上涨了12.7%，开启了本轮美股的牛市行情。统计显示，过去15年，美股有14次在4月上涨，是过去20年美股表现最好的月份，即使把时间段扩大至近70年，4月也在所有12个月份中排名第二。“没有什么比4月份股市走高更稳定的了，通常而言前三周市场往往会迎来加速冲刺。”德特里克指出。近20年美股4月平均涨幅最高（资料来源LPL Financial）当然历史并不会简单重复，经济复苏和通胀预期上升背后的美债市场波动可能继续成为短期内市场的一大不确定因素，今年一季度， 中长期美债收益率创下2016年以来最大季度涨幅，令估值高企的科技股遭遇资金抛售，并一度引发整体市场的恐慌杀跌。汇丰私人银行全球首席投资官塞尔斯（Willem Sels）表示，市场已经预料到了经济增长的前景，也对经济复苏和财政刺激将带来的通胀后果进行了评估，现在需要关注本轮通胀率的峰值有多高，在得到数据之前，我们可能会陷入波动性的持有模式。花旗的观点类似，认为市场的潜在风险在于，投资者正在警惕地关注通胀预期，并对美联储逆转宽松政策非常担忧。","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340789014,"gmtCreate":1617492862938,"gmtModify":1704699932922,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340789014","repostId":"1185840581","repostType":4,"isVote":1,"tweetType":1,"viewCount":1880,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355864293,"gmtCreate":1617061599312,"gmtModify":1704801383015,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355864293","repostId":"1157897293","repostType":4,"repost":{"id":"1157897293","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1616979068,"share":"https://ttm.financial/m/news/1157897293?lang=en_US&edition=fundamental","pubTime":"2021-03-29 08:51","market":"us","language":"zh","title":"With the Federal Reserve and the market increasingly diverging, how will this affect asset allocation?","url":"https://stock-news.laohu8.com/highlight/detail?id=1157897293","media":"Wind万得","summary":"自去年美联储推出史无前例的宽松政策以刺激经济以来，全球市场开始复苏，美债市场已看向通胀走高。摩根士丹利分析师认为，在这一背景下，美联储仍保持宽松政策支持，与市场预期逐渐背离。\n具体来看，大摩信贷证券化","content":"<p>Since the Federal Reserve launched an unprecedented easing policy to stimulate the economy last year, global markets have begun to recover, and the US Treasury market has begun to look towards higher inflation.<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>Analysts believe that against this backdrop, the Federal Reserve's continued accommodative policy support is gradually deviating from market expectations.</p><p>Specifically, Vishwanath Tirupattur, head of securitization product research and strategy at Morgan Stanley Credit, wrote in a research report: A year ago, in March, global stock markets bottomed out, initial jobless claims soared to a record high, the global economy was paralyzed by the pandemic, and pessimism began to emerge. It was also at this time that large-scale monetary and fiscal policy interventions began, comparable in severity to the disaster. Today, people are increasingly hopeful about the light at the end of the tunnel, anticipating that the economy is returning to normal.</p><p>Compared to the 2021 outlook released by Morgan Stanley strategists in November 2020, the U.S. economy is aligning with the bull market view of Morgan Stanley economists. The economic rebound appears to be stronger than analysts consensus, with vaccine rollouts accelerating in speed and scale in 2021, and the U.S. fiscal response being more aggressive than expected. The $1.9 trillion U.S. bailout package is more than double what Morgan Stanley had previously expected, and another $2 trillion infrastructure package is in the works. In Morgan Stanley's 2021 outlook, economic growth will continue to follow a bull market narrative.</p><p>Over the past six to eight weeks, risk assets have appeared lifeless. The S&P 500 has remained largely unchanged since early February, with U.S. investment-grade credit spreads remaining within a narrow range of around 90 basis points. On the other hand, US Treasury yields have risen steadily. During the same period, the benchmark U.S. 10-year Treasury Bond yield climbed by about 60 basis points. Morgan Stanley strategists believe this is a resonant effect of U.S. fiscal and monetary policies, and we need to consider the tensions behind this policy convergence.</p><p><img src=\"https://static.tigerbbs.com/de7bd1782d8c5dd301040d8cedc9a0f3\" tg-width=\"796\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p><p>Stronger-than-expected economic growth, coupled with a sharp decline in the overall unemployment rate, would have led to a tightening of monetary policy due to expectations of rising inflation. In fact, the bond market expects a 25 basis point rate hike at the beginning of 2023, followed by two more rate hike by the end of 2023. Morgan Stanley argues that trillions of dollars in stimulus packages and accelerated vaccinations mean that front-end interest rates cannot remain at such low levels if inflation does not spiral out of control.</p><p>However, the Federal Open Market Committee’s “dot plot,” Fed Chairman Powell’s comments at the press conference following the interest rate decision last week, and subsequent statements all indicate that Fed officials will remain dovish, which is inconsistent with inflation expectations in the bond market.</p><p><img src=\"https://static.tigerbbs.com/17c1709ea57c7acefb37677287e6f6b8\" tg-width=\"796\" tg-height=\"686\" referrerpolicy=\"no-referrer\"></p><p>Morgan Stanley analysts pointed out, \"Policymakers have not doubled their dovish stance compared to before, but more than tripled it.\" They emphasized that although the median FOMC participants now believe that core inflation will remain at 2% or above until 2023, this is not a reason to consider rate hike, as the Federal Reserve now uses the labor market as the primary basis for policymaking.</p><p>The Federal Reserve has not only raised the threshold for future rate hike, but its chairman has also remained moderate in reducing the scale of asset purchases. Powell had pledged, \"We will continue to buy assets at the current pace until we see substantial further progress in the economy, rather than predicting progress. This is different from our past approach.\"</p><p>The bond market reflects expectations for traditional Federal Reserve policy, in stark contrast to recent clear messages from Fed officials. Will the market move closer to the Federal Reserve, or will the Federal Reserve change its policy stance in response to market reactions? Morgan Stanley global macro strategists Matthew Hornbach and Guneet Dhingra are more confident in the former, suggesting that investors view the recent technical correction in the bond market as noise trading and are paying attention to signals from the Federal Reserve. They advise investors to bet on a steep trend in the yield curves for 30-year and 5-year US Treasury bonds. Morgan Stanley economists continue to predict that the Federal Reserve will rate hike in the third quarter of 2023 and that its balance sheet will begin to shrink in January 2022.</p><p>Clearly, we are in uncharted territory when it comes to Federal Reserve policy. As Morgan Stanley analysts Andrew Pauker and Michael Wilson and their team have warned, this policy response could mean that the current economic cycle may be hotter than the previous three, but for a shorter period. They believe that the dominance of risky assets has shifted from \"early cycle\" to \"mid-cycle,\" and investors should adjust their positions accordingly.</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>With the Federal Reserve and the market increasingly diverging, how will this affect asset allocation?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWith the Federal Reserve and the market increasingly diverging, how will this affect asset allocation?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2021-03-29 08:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Since the Federal Reserve launched an unprecedented easing policy to stimulate the economy last year, global markets have begun to recover, and the US Treasury market has begun to look towards higher inflation.<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>Analysts believe that against this backdrop, the Federal Reserve's continued accommodative policy support is gradually deviating from market expectations.</p><p>Specifically, Vishwanath Tirupattur, head of securitization product research and strategy at Morgan Stanley Credit, wrote in a research report: A year ago, in March, global stock markets bottomed out, initial jobless claims soared to a record high, the global economy was paralyzed by the pandemic, and pessimism began to emerge. It was also at this time that large-scale monetary and fiscal policy interventions began, comparable in severity to the disaster. Today, people are increasingly hopeful about the light at the end of the tunnel, anticipating that the economy is returning to normal.</p><p>Compared to the 2021 outlook released by Morgan Stanley strategists in November 2020, the U.S. economy is aligning with the bull market view of Morgan Stanley economists. The economic rebound appears to be stronger than analysts consensus, with vaccine rollouts accelerating in speed and scale in 2021, and the U.S. fiscal response being more aggressive than expected. The $1.9 trillion U.S. bailout package is more than double what Morgan Stanley had previously expected, and another $2 trillion infrastructure package is in the works. In Morgan Stanley's 2021 outlook, economic growth will continue to follow a bull market narrative.</p><p>Over the past six to eight weeks, risk assets have appeared lifeless. The S&P 500 has remained largely unchanged since early February, with U.S. investment-grade credit spreads remaining within a narrow range of around 90 basis points. On the other hand, US Treasury yields have risen steadily. During the same period, the benchmark U.S. 10-year Treasury Bond yield climbed by about 60 basis points. Morgan Stanley strategists believe this is a resonant effect of U.S. fiscal and monetary policies, and we need to consider the tensions behind this policy convergence.</p><p><img src=\"https://static.tigerbbs.com/de7bd1782d8c5dd301040d8cedc9a0f3\" tg-width=\"796\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p><p>Stronger-than-expected economic growth, coupled with a sharp decline in the overall unemployment rate, would have led to a tightening of monetary policy due to expectations of rising inflation. In fact, the bond market expects a 25 basis point rate hike at the beginning of 2023, followed by two more rate hike by the end of 2023. Morgan Stanley argues that trillions of dollars in stimulus packages and accelerated vaccinations mean that front-end interest rates cannot remain at such low levels if inflation does not spiral out of control.</p><p>However, the Federal Open Market Committee’s “dot plot,” Fed Chairman Powell’s comments at the press conference following the interest rate decision last week, and subsequent statements all indicate that Fed officials will remain dovish, which is inconsistent with inflation expectations in the bond market.</p><p><img src=\"https://static.tigerbbs.com/17c1709ea57c7acefb37677287e6f6b8\" tg-width=\"796\" tg-height=\"686\" referrerpolicy=\"no-referrer\"></p><p>Morgan Stanley analysts pointed out, \"Policymakers have not doubled their dovish stance compared to before, but more than tripled it.\" They emphasized that although the median FOMC participants now believe that core inflation will remain at 2% or above until 2023, this is not a reason to consider rate hike, as the Federal Reserve now uses the labor market as the primary basis for policymaking.</p><p>The Federal Reserve has not only raised the threshold for future rate hike, but its chairman has also remained moderate in reducing the scale of asset purchases. Powell had pledged, \"We will continue to buy assets at the current pace until we see substantial further progress in the economy, rather than predicting progress. This is different from our past approach.\"</p><p>The bond market reflects expectations for traditional Federal Reserve policy, in stark contrast to recent clear messages from Fed officials. Will the market move closer to the Federal Reserve, or will the Federal Reserve change its policy stance in response to market reactions? Morgan Stanley global macro strategists Matthew Hornbach and Guneet Dhingra are more confident in the former, suggesting that investors view the recent technical correction in the bond market as noise trading and are paying attention to signals from the Federal Reserve. They advise investors to bet on a steep trend in the yield curves for 30-year and 5-year US Treasury bonds. Morgan Stanley economists continue to predict that the Federal Reserve will rate hike in the third quarter of 2023 and that its balance sheet will begin to shrink in January 2022.</p><p>Clearly, we are in uncharted territory when it comes to Federal Reserve policy. As Morgan Stanley analysts Andrew Pauker and Michael Wilson and their team have warned, this policy response could mean that the current economic cycle may be hotter than the previous three, but for a shorter period. They believe that the dominance of risky assets has shifted from \"early cycle\" to \"mid-cycle,\" and investors should adjust their positions accordingly.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157897293","content_text":"自去年美联储推出史无前例的宽松政策以刺激经济以来，全球市场开始复苏，美债市场已看向通胀走高。摩根士丹利分析师认为，在这一背景下，美联储仍保持宽松政策支持，与市场预期逐渐背离。\n具体来看，大摩信贷证券化产品研究与策略主管Vishwanath Tirupattur在研报中写道：一年前的3月，全球股市触底，初请失业金人数飙升至历史高位，全球经济因疫情而瘫痪，悲观情绪开始显现。也是在这个时候，大规模的货币和财政政策干预开始了，与灾难的严重性相当。今天，人们对隧道尽头的光明越来越有希望，预期经济正在回归常态。\n与大摩策略师在2020年11月发布的2021年展望相较，美国经济正与大摩经济学家的牛市观点一致。经济反弹似乎比分析师共识更为其为强劲，疫苗推出的速度和规模在2021年提升，同时美国的财政应对措施也较预期更积极。美国1.9万亿美元的救助计划是大摩此前预期的两倍多，另一个2万亿美元的基础设施一揽子计划正在制定中。而在大摩的2021年展望中，经济增长仍将遵循牛市的叙事。\n在过去的六到八周内，风险资产似乎了无生气。自2月初以来，标准普尔500指数基本没有变化，美国投资级信贷息差一直维持在90个基点左右的窄幅区间内。另一方面，美债收益率稳步上升。同期，基准的美国10年期国债收益率攀升了约60个基点。大摩策略师认为，这是美国财政政策和货币政策的共振效果，我们需要思考这种政策融合背后的紧张关系。\n\n经济增长强于预期，再加上整体失业率大幅下降，传统的应对措施会导致货币政策因通胀上升的预期而趋紧。事实上，债券市场的预期是2023年初加息25个基点，到2023年底再加息两次。大摩的论点是，数万亿美元的刺激计划和加速的疫苗接种意味着，如果通货膨胀不失控，前端利率不可能维持在如此低的水平。\n然而，联邦公开市场委员会的“点阵图,”美联储主席鲍威尔上周在利率决议后的新闻发布会上的评论，以及随后的声明都表明，美联储官员仍将保持鸽派立场，这与债市表现出的通胀预期不一致。\n\n大摩分析师指出：“政策制定者在鸽派立场上不是较以往加倍，而是加了三倍不止。他们强调，尽管FOMC中位数参与者现在认为，到2023年核心通胀率将保持在2%或以上，但这并不是考虑加息的理由，因为美联储现在将劳动力市场作为政策制定的主要依据。\n美联储不仅提高了未来加息时间的门槛，美联储主席在缩减资产购买规模上同样保持温和。鲍威尔曾承诺：“我们将继续以当前速度购买资产，直到看到经济出现实质性的进一步进展，而不是预测进展。这与我们过去的做法有所不同。”\n债券市场反映出对传统美联储政策的预期，与美联储官员近期发出的明确信息形成了鲜明对比。市场会向美联储靠拢，还是美联储会为了市场反应改变政策立场？大摩全球宏观策略师马修•霍恩巴赫(Matthew Hornbach)和冈尼特•丁格拉(Guneet Dhingra)更相信前者，暗示投资者将近期债市的技术性调整额视为噪音交易，关注美联储发出的信号。他们建议投资者押注美债30年期和5年期收益率曲线走陡。大摩经济学家继续预计，美联储将在2023年第三季度加息，资产负债表将从2022年1月开始缩减规模。\n显然，就美联储政策而言，我们正处于一片未知的领域中。正如大摩分析师安德鲁•保尔(Andrew Pauker)、迈克尔•威尔逊(Michael Wilson)及其团队所警告的那样，这种政策反应可能意味着，当前的经济周期可能会比前三个周期更热，但时间会更短。他们认为，风险资产的主导地位已经从“周期早期”转向“周期中期”，投资者应该相应地调整头寸。","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1921,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358446694,"gmtCreate":1616725368018,"gmtModify":1704797930352,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358446694","repostId":"2122428362","repostType":4,"isVote":1,"tweetType":1,"viewCount":1529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351483529,"gmtCreate":1616625742361,"gmtModify":1704796517461,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351483529","repostId":"1170428045","repostType":4,"repost":{"id":"1170428045","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616589407,"share":"https://ttm.financial/m/news/1170428045?lang=en_US&edition=fundamental","pubTime":"2021-03-24 20:36","market":"hk","language":"zh","title":"Ma Huateng's First Response to Anti-Monopoly: Actively Cooperate with Regulation","url":"https://stock-news.laohu8.com/highlight/detail?id=1170428045","media":"老虎资讯综合","summary":"3月24日，在腾讯控股2020年业绩发布会上，关于反垄断的最新情况，腾讯控股主席马化腾回应了媒体的问询。马化腾表示，会积极配合监管部门，总的来说尽可能做到合规，保证长远的发展。腾讯总裁、执行董事刘炽平","content":"<p>On March 24,<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>At the 2020 earnings release conference, Tencent Holdings Chairman Ma Huateng responded to media inquiries regarding the latest anti-monopoly situation.</p><p><b>Ma Huateng stated that he will actively cooperate with regulatory authorities and, in general, strive to achieve compliance as much as possible to ensure long-term development.</b></p><p>Tencent President and Executive Director Martin Lau stated that he has met with relevant departments multiple times regarding anti-monopoly measures and has regular meetings with the government regarding these requirements. During these meetings, he discussed a variety of topics and hopes to create a healthy environment that allows more innovation to take place in China. Tencent has always attached great importance to compliance and requirements.</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>Ma Huateng's First Response to Anti-Monopoly: Actively Cooperate with Regulation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMa Huateng's First Response to Anti-Monopoly: Actively Cooperate with Regulation\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-24 20:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On March 24,<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>At the 2020 earnings release conference, Tencent Holdings Chairman Ma Huateng responded to media inquiries regarding the latest anti-monopoly situation.</p><p><b>Ma Huateng stated that he will actively cooperate with regulatory authorities and, in general, strive to achieve compliance as much as possible to ensure long-term development.</b></p><p>Tencent President and Executive Director Martin Lau stated that he has met with relevant departments multiple times regarding anti-monopoly measures and has regular meetings with the government regarding these requirements. During these meetings, he discussed a variety of topics and hopes to create a healthy environment that allows more innovation to take place in China. Tencent has always attached great importance to compliance and requirements.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/021510365d0fb5b88cf0401c9450d576","relate_stocks":{"00700":"腾讯控股"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170428045","content_text":"3月24日，在腾讯控股2020年业绩发布会上，关于反垄断的最新情况，腾讯控股主席马化腾回应了媒体的问询。马化腾表示，会积极配合监管部门，总的来说尽可能做到合规，保证长远的发展。腾讯总裁、执行董事刘炽平则表示，关于反垄断已经跟相关部门多次见面，对这方面要求跟政府都有定期会议，在会议当中谈及多项议题，期待能够打造一个健康的环境，让更多创新在国内发生，腾讯也一直非常重视合规和要求。","news_type":1,"symbols_score_info":{"00700":0.9}},"isVote":1,"tweetType":1,"viewCount":1654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351480788,"gmtCreate":1616625583544,"gmtModify":1704796514853,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":",??","listText":",??","text":",??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351480788","repostId":"2121458286","repostType":4,"repost":{"id":"2121458286","kind":"highlight","pubTimestamp":1616556629,"share":"https://ttm.financial/m/news/2121458286?lang=en_US&edition=fundamental","pubTime":"2021-03-24 11:30","market":"sh","language":"zh","title":"Is Japan the culprit behind the \"riot\" in US Treasury yields? The situation may reverse in April.","url":"https://stock-news.laohu8.com/highlight/detail?id=2121458286","media":"华尔街见闻","summary":"大部分分析师从美国经济内部寻找近期美债抛售源头的时候，摩根士丹利不这么看。","content":"<p>When most analysts look within the US economy to find the source of the recent sell-off in US Treasury bonds,<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>I don't see it that way. The bank views the sell-off in the United States as part of a domino effect in a global sell-off, believing that the original card lies with Japan.</p><p>In a research report this week, analyst Matthew Hornbach stated that this is supported by the fact that the decline in US Treasury futures prices this year has mainly been concentrated in the Tokyo trading session.</p><p>According to Eastern Time, the Tokyo trading session coincides with the New York trading session (8 a.m. to 5 p.m.) and the London trading session (3 a.m. to 8 a.m.) of the United Kingdom, the third largest overseas creditor of the United States. Japan is currently the largest overseas creditor of US Treasury bonds, which has a significant impact on the performance of US Treasury bonds during the overnight trading session.</p><p>As shown in the two charts below, on the one hand, after a short break in the first week of March until the FOMC meeting, the sell order accelerated sharply during Tokyo's trading session and continued thereafter; On the other hand, 85% of the cumulative decline in US Treasury futures prices since the beginning of the year has occurred overnight. The combination of the two means that Japan almost single-handedly led the recent plunge in US Treasury bonds.</p><p><img src=\"https://static.tigerbbs.com/3f63996e5026bf62e703e97b5026aa04\" tg-width=\"500\" tg-height=\"460\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/965c528e60638dbb21723f6dec82016e\" tg-width=\"500\" tg-height=\"468\" referrerpolicy=\"no-referrer\"></p><p>Morgan Stanley stated that the sharp drop during the Tokyo session would trigger a ripple effect in other markets around the world. For example, if the London trading session follows the Tokyo session, the weak performance of US Treasury bonds during the Tokyo session will lead to increased selling during the London session, although to a lesser extent.</p><p><b>Japan's sell-off of US Treasury bonds may end in April.</b></p><p>Hornbach believes that if his view holds true, it could be good news for U.S. Treasury bulls, as Japan's 2020 fiscal year ends on March 31, at which time the liquidation of non-yen bond holdings should cease. While the possibility of another reversal at some point in the first quarter cannot be ruled out, \"there are good reasons to believe that the sell-off in Japan will not continue into April.\"</p><p>The reason Japan sold off non-yen bonds heavily at the end of the fiscal year is because commercial banks previously held a large number of stocks, and the Nikkei 225 index recorded its best performance in decades in fiscal year 2020. The harvest was already good enough, so bond yields were not so important. At this point, Japanese commercial banks simply sold US Treasury Bond, thus avoiding the risk of continued rise in US Treasury yields and capital losses to their bond portfolios at the end of the fiscal year.</p><p><img src=\"https://static.tigerbbs.com/c78eac5ea2c54ae2c502351899c7c3b9\" tg-width=\"500\" tg-height=\"465\" referrerpolicy=\"no-referrer\"></p><p>However, in the new fiscal year, unless the Bank of Japan remains confident in the stock market, US Treasury bonds may become more attractive after a sharp price correction. Morgan Stanley said banks may want to gain arbitrage opportunities from the bond market.</p><p>Hornbach believes that Japan may repurchase US Treasury bonds at that time, and the current rapid collapse of US Treasury bonds may come to an end.</p><p>He also stated that the Federal Reserve has set higher thresholds for reducing asset purchases and rate hike, which greatly increases the possibility of achieving a downturn in US Treasury yields.</p>","source":"sina_us","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>Is Japan the culprit behind the \"riot\" in US Treasury yields? The situation may reverse in April.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Japan the culprit behind the \"riot\" in US Treasury yields? The situation may reverse in April.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-03-24 11:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>When most analysts look within the US economy to find the source of the recent sell-off in US Treasury bonds,<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>I don't see it that way. The bank views the sell-off in the United States as part of a domino effect in a global sell-off, believing that the original card lies with Japan.</p><p>In a research report this week, analyst Matthew Hornbach stated that this is supported by the fact that the decline in US Treasury futures prices this year has mainly been concentrated in the Tokyo trading session.</p><p>According to Eastern Time, the Tokyo trading session coincides with the New York trading session (8 a.m. to 5 p.m.) and the London trading session (3 a.m. to 8 a.m.) of the United Kingdom, the third largest overseas creditor of the United States. Japan is currently the largest overseas creditor of US Treasury bonds, which has a significant impact on the performance of US Treasury bonds during the overnight trading session.</p><p>As shown in the two charts below, on the one hand, after a short break in the first week of March until the FOMC meeting, the sell order accelerated sharply during Tokyo's trading session and continued thereafter; On the other hand, 85% of the cumulative decline in US Treasury futures prices since the beginning of the year has occurred overnight. The combination of the two means that Japan almost single-handedly led the recent plunge in US Treasury bonds.</p><p><img src=\"https://static.tigerbbs.com/3f63996e5026bf62e703e97b5026aa04\" tg-width=\"500\" tg-height=\"460\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/965c528e60638dbb21723f6dec82016e\" tg-width=\"500\" tg-height=\"468\" referrerpolicy=\"no-referrer\"></p><p>Morgan Stanley stated that the sharp drop during the Tokyo session would trigger a ripple effect in other markets around the world. For example, if the London trading session follows the Tokyo session, the weak performance of US Treasury bonds during the Tokyo session will lead to increased selling during the London session, although to a lesser extent.</p><p><b>Japan's sell-off of US Treasury bonds may end in April.</b></p><p>Hornbach believes that if his view holds true, it could be good news for U.S. Treasury bulls, as Japan's 2020 fiscal year ends on March 31, at which time the liquidation of non-yen bond holdings should cease. While the possibility of another reversal at some point in the first quarter cannot be ruled out, \"there are good reasons to believe that the sell-off in Japan will not continue into April.\"</p><p>The reason Japan sold off non-yen bonds heavily at the end of the fiscal year is because commercial banks previously held a large number of stocks, and the Nikkei 225 index recorded its best performance in decades in fiscal year 2020. The harvest was already good enough, so bond yields were not so important. At this point, Japanese commercial banks simply sold US Treasury Bond, thus avoiding the risk of continued rise in US Treasury yields and capital losses to their bond portfolios at the end of the fiscal year.</p><p><img src=\"https://static.tigerbbs.com/c78eac5ea2c54ae2c502351899c7c3b9\" tg-width=\"500\" tg-height=\"465\" referrerpolicy=\"no-referrer\"></p><p>However, in the new fiscal year, unless the Bank of Japan remains confident in the stock market, US Treasury bonds may become more attractive after a sharp price correction. Morgan Stanley said banks may want to gain arbitrage opportunities from the bond market.</p><p>Hornbach believes that Japan may repurchase US Treasury bonds at that time, and the current rapid collapse of US Treasury bonds may come to an end.</p><p>He also stated that the Federal Reserve has set higher thresholds for reducing asset purchases and rate hike, which greatly increases the possibility of achieving a downturn in US Treasury yields.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-03-24/doc-ikkntiam7394904.shtml\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3f63996e5026bf62e703e97b5026aa04","relate_stocks":{},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-03-24/doc-ikkntiam7394904.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121458286","content_text":"大部分分析师从美国经济内部寻找近期美债抛售源头的时候，摩根士丹利不这么看。该行将美国本土抛售视作全球抛售浪潮中多米诺效应的一环，而认为源头那张牌在于日本。其分析师Matthew Hornbach在本周研报中称，佐证这一点的是，今年以来，美债期货价格跌势主要都集中在东京交易时段。按美东时间算，东京交易时段正值美东时间晚间7点至次日凌晨3点，刚好与纽约交易时段（上午8点至下午5点）、以及美国第三大海外债权国英国的伦敦交易时段（凌晨3点至早间8点）错开，而目前日本又是美债第一大海外债权国，因而对隔夜交易时段美债表现具有重大影响。则按照下面两张图显示，一方面，3月第一个星期短暂休整后直到FOMC会议，东京交易时段卖盘急剧加速，此后一直持续；另一方面，自年初以来，美债期货价格累计跌幅的85%均发生在隔夜时段。两相结合，意味着日本几乎单枪匹马主导了近期的美债暴跌。大摩表示，东京时段的暴跌会在全球其它市场引起连锁反应。比如伦敦交易时段紧接着东京时段而来，东京时段美债的疲软走势会导致伦敦时段抛售增加，尽管程度可能较小。日本抛售美债4月或将结束Hornbach认为，如果他的观点成立，那么对美债看涨者来说这可能是个好消息，因为日本的日本2020财政年度将于3月31日结束，届时对非日元债券持有的清算应该会停止。虽然不排除一季度某个时间点再次发生逆转的可能，但“有充分的理由相信，日本的抛售不会持续到四月”。而日本之所以会在财年末大举抛售非日元债券，是因为此前商业银行持有大量股票，日经225指数2020财年又录得几十年来最好表现，收成已经足够好，债券收入也就不那么重要。这时候，日本商业银行干脆卖掉美国国债，遂不用承受美债收益率继续上行，债券投资组合在财年末遭受资本损失的风险。但是，到了新一财年，除非日本银行对股市仍然信心十足，否则价格大幅回调过后的美债可能更具吸引力。大摩表示，银行可能希望从债券市场中获得套利机会。Hornbach认为，届时，日本可能会重新购买美债，美债当前的迅速崩盘有望告一段落。同时他表示，美联储为缩减资产购买和加息设定了更高的门槛，这大大增加了实现美债利率下行的可能。","news_type":1,"symbols_score_info":{"ZTmain":0.9,"ZBmain":0.9,"TNmain":0.9,"ZNmain":0.9,"ZFmain":0.9,"UBmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1993,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351009300,"gmtCreate":1616543205300,"gmtModify":1704795384725,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351009300","repostId":"2121319904","repostType":4,"repost":{"id":"2121319904","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616541436,"share":"https://ttm.financial/m/news/2121319904?lang=en_US&edition=fundamental","pubTime":"2021-03-24 07:17","market":"hk","language":"zh","title":"Adobe achieved record revenue in its first fiscal quarter, with net profit increasing by 32% year-over-year.","url":"https://stock-news.laohu8.com/highlight/detail?id=2121319904","media":"老虎资讯综合","summary":"Adobe第一财季营收为39.05亿美元，创下公司历史上的最新纪录，与去年同期的30.91亿美元相比增长26%，这一业绩也超出分析师预期。据雅虎财经网站提供的数据显示，20名分析师此前平均预期Adobe第一财季营收将达37.6亿美元。Adobe第一财季毛利润为34.58亿美元，相比之下去年同期为26.39亿美元。Adobe第一财季来自于业务运营活动的现金流为17.7亿美元。","content":"<p>According to reports from the early hours of March 24th, Beijing time,<a href=\"https://laohu8.com/S/ADBE\">Adobe</a>The company released its financial results for the first fiscal quarter of 2021 today. The report shows that revenue for the first fiscal quarter of 2021 was $3.905 billion, setting a new record in the company's history, compared to market expectations of $3.76 billion and $3.091 billion in the same period last year. Earnings per share for the first fiscal quarter of 2021 were $2.61, compared to market expectations of $2.19 and $1.96 in the same period last year.</p><p>Adobe shares fell 0.04% in after-hours trading after releasing its earnings report.<img src=\"https://static.tigerbbs.com/c11ab58cb3f65e1694522c3d73d04d22\" tg-width=\"645\" tg-height=\"550\" referrerpolicy=\"no-referrer\"></p><p><b>SUMMARY OF</b></p><p>In the fiscal quarter ending March 5, Adobe's net profit was $1.261 billion, a 32% increase compared to a net profit of $955 million in the same period last year; Diluted earnings per share were $2.61, compared to $1.96 in the same period last year. Excluding certain one-time items (not in accordance with U.S. GAAP), Adobe's adjusted net income for the first fiscal quarter was $1.515 billion, compared to $1.107 billion in the same period last year. Adjusted earnings per share were $3.14, up from $2.27 in the same period last year and exceeding analysts' expectations. according to<a href=\"https://laohu8.com/S/YHOO\">Yahoo</a>Data provided by financial websites shows that 22 analysts had previously expected Adobe's earnings per share for the first fiscal quarter to reach $2.78.</p><p>Adobe's first-quarter revenue was $3.905 billion, a new record in the company's history, and a 26% increase compared to $3.091 billion in the same period last year. This result also exceeded analysts' expectations. According to data provided by Yahoo Finance, 20 analysts had previously expected an average of $3.76 billion in revenue for Adobe's first fiscal quarter.<img src=\"https://static.tigerbbs.com/e4279494de63f27dd7ccf04fa0bd78a7\" tg-width=\"721\" tg-height=\"796\" referrerpolicy=\"no-referrer\">By business segment, Adobe's subscription revenue in the first fiscal quarter was $3.584 billion, compared to $2.732 billion in the same period last year; Product business revenue was $155 million, compared to $143 million in the same period last year; Services and other business revenue was $166 million, compared to $216 million in the same period last year.</p><p>Adobe's total cost of revenue for the first fiscal quarter was $447 million, compared to $452 million in the same period last year. Of this, subscription business revenue costs were $324 million, compared to $274 million in the same period last year; The cost of revenue for the product business was $10 million, compared to $7 million in the same period last year; Cost of revenue from services and other businesses was $113 million, compared to $171 million in the same period last year.</p><p>Adobe's gross profit for the first fiscal quarter was $3.458 billion, compared to $2.639 billion in the same period last year. Adobe's operating profit for the first fiscal quarter was $1.454 billion, compared to $937 million in the same period last year.</p><p>Adobe's total operating expenses for the first fiscal quarter were $2.004 billion, compared to $1.702 billion in the same period last year. Of this, R&D expenditure was $620 million, compared to $532 million in the same period last year; Sales and marketing expenses were $1.049 billion, compared to $857 million in the same period last year; General and administrative expenses were $290 million, compared to $271 million in the same period last year; Amortization expense for acquired intangible assets was $45 million, compared to $42 million in the same period last year.</p><p>In the first fiscal quarter, Adobe repurchased approximately 1.9 million shares of the company's stock. Adobe's cash flow from operating activities for the first fiscal quarter was $1.77 billion.</p><p><b>Performance Outlook:</b></p><p>Adobe expects its revenue to reach approximately $3.72 billion in the second fiscal quarter of 2021, with digital media revenue growing by about 21% year-over-year and digital experience revenue growing by about 18% year-over-year. Digital experience subscription revenue is expected to grow by approximately 20% year-on-year; Net New Digital Media's annualized recurring revenue will reach approximately $450 million; The tax rate under U.S. Generally Accepted Accounting Principles (GAAP) will reach 19.5%, while the tax rate without GAAP will reach 16%. Earnings per share will be $2.09, and non-GAAP earnings per share will be $2.81.</p><p>According to data provided by Yahoo Finance, 20 analysts had previously expected an average of $3.7 billion in revenue for Adobe's second fiscal quarter, while 22 analysts had previously expected an average of $2.70 in non-GAAP earnings per share for Adobe's second fiscal quarter. This means that Adobe's outlook for second fiscal quarter revenue and earnings per share also exceeded expectations.</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>Adobe achieved record revenue in its first fiscal quarter, with net profit increasing by 32% year-over-year.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAdobe achieved record revenue in its first fiscal quarter, with net profit increasing by 32% year-over-year.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-24 07:17</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>According to reports from the early hours of March 24th, Beijing time,<a href=\"https://laohu8.com/S/ADBE\">Adobe</a>The company released its financial results for the first fiscal quarter of 2021 today. The report shows that revenue for the first fiscal quarter of 2021 was $3.905 billion, setting a new record in the company's history, compared to market expectations of $3.76 billion and $3.091 billion in the same period last year. Earnings per share for the first fiscal quarter of 2021 were $2.61, compared to market expectations of $2.19 and $1.96 in the same period last year.</p><p>Adobe shares fell 0.04% in after-hours trading after releasing its earnings report.<img src=\"https://static.tigerbbs.com/c11ab58cb3f65e1694522c3d73d04d22\" tg-width=\"645\" tg-height=\"550\" referrerpolicy=\"no-referrer\"></p><p><b>SUMMARY OF</b></p><p>In the fiscal quarter ending March 5, Adobe's net profit was $1.261 billion, a 32% increase compared to a net profit of $955 million in the same period last year; Diluted earnings per share were $2.61, compared to $1.96 in the same period last year. Excluding certain one-time items (not in accordance with U.S. GAAP), Adobe's adjusted net income for the first fiscal quarter was $1.515 billion, compared to $1.107 billion in the same period last year. Adjusted earnings per share were $3.14, up from $2.27 in the same period last year and exceeding analysts' expectations. according to<a href=\"https://laohu8.com/S/YHOO\">Yahoo</a>Data provided by financial websites shows that 22 analysts had previously expected Adobe's earnings per share for the first fiscal quarter to reach $2.78.</p><p>Adobe's first-quarter revenue was $3.905 billion, a new record in the company's history, and a 26% increase compared to $3.091 billion in the same period last year. This result also exceeded analysts' expectations. According to data provided by Yahoo Finance, 20 analysts had previously expected an average of $3.76 billion in revenue for Adobe's first fiscal quarter.<img src=\"https://static.tigerbbs.com/e4279494de63f27dd7ccf04fa0bd78a7\" tg-width=\"721\" tg-height=\"796\" referrerpolicy=\"no-referrer\">By business segment, Adobe's subscription revenue in the first fiscal quarter was $3.584 billion, compared to $2.732 billion in the same period last year; Product business revenue was $155 million, compared to $143 million in the same period last year; Services and other business revenue was $166 million, compared to $216 million in the same period last year.</p><p>Adobe's total cost of revenue for the first fiscal quarter was $447 million, compared to $452 million in the same period last year. Of this, subscription business revenue costs were $324 million, compared to $274 million in the same period last year; The cost of revenue for the product business was $10 million, compared to $7 million in the same period last year; Cost of revenue from services and other businesses was $113 million, compared to $171 million in the same period last year.</p><p>Adobe's gross profit for the first fiscal quarter was $3.458 billion, compared to $2.639 billion in the same period last year. Adobe's operating profit for the first fiscal quarter was $1.454 billion, compared to $937 million in the same period last year.</p><p>Adobe's total operating expenses for the first fiscal quarter were $2.004 billion, compared to $1.702 billion in the same period last year. Of this, R&D expenditure was $620 million, compared to $532 million in the same period last year; Sales and marketing expenses were $1.049 billion, compared to $857 million in the same period last year; General and administrative expenses were $290 million, compared to $271 million in the same period last year; Amortization expense for acquired intangible assets was $45 million, compared to $42 million in the same period last year.</p><p>In the first fiscal quarter, Adobe repurchased approximately 1.9 million shares of the company's stock. Adobe's cash flow from operating activities for the first fiscal quarter was $1.77 billion.</p><p><b>Performance Outlook:</b></p><p>Adobe expects its revenue to reach approximately $3.72 billion in the second fiscal quarter of 2021, with digital media revenue growing by about 21% year-over-year and digital experience revenue growing by about 18% year-over-year. Digital experience subscription revenue is expected to grow by approximately 20% year-on-year; Net New Digital Media's annualized recurring revenue will reach approximately $450 million; The tax rate under U.S. Generally Accepted Accounting Principles (GAAP) will reach 19.5%, while the tax rate without GAAP will reach 16%. Earnings per share will be $2.09, and non-GAAP earnings per share will be $2.81.</p><p>According to data provided by Yahoo Finance, 20 analysts had previously expected an average of $3.7 billion in revenue for Adobe's second fiscal quarter, while 22 analysts had previously expected an average of $2.70 in non-GAAP earnings per share for Adobe's second fiscal quarter. This means that Adobe's outlook for second fiscal quarter revenue and earnings per share also exceeded expectations.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/fd680cd945fd32917c8ece66ec685e5f","relate_stocks":{"ADBE":"Adobe"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121319904","content_text":"北京时间3月24日凌晨消息，据报道，Adobe今日公布了2021财年第一财季财报。报告显示，2021财年第一财季营收39.05亿美元，创下公司历史上的最新纪录，市场预期37.6亿美元，去年同期30.91亿美元。2021财年第一财季每股盈利2.61美元，市场预期2.19美元，去年同期1.96美元。公布财报后，Adobe盘后跌0.04%。业绩概要：在截至3月5日的这一财季，Adobe的净利润为12.61亿美元，与去年同期的净利润9.55亿美元相比增长32%；每股摊薄收益为2.61美元，相比之下去年同期的每股摊薄收益为1.96美元。不计入某些一次性项目（不按照美国通用会计准则），Adobe第一财季的调整后净利润为15.15亿美元，相比之下上年同期为11.07亿美元；调整后每股收益为3.14美元，高于去年同期的2.27美元，超出分析师预期。据雅虎财经网站提供的数据显示，22名分析师此前平均预期Adobe第一财季每股收益将达2.78美元。Adobe第一财季营收为39.05亿美元，创下公司历史上的最新纪录，与去年同期的30.91亿美元相比增长26%，这一业绩也超出分析师预期。据雅虎财经网站提供的数据显示，20名分析师此前平均预期Adobe第一财季营收将达37.6亿美元。按照业务部门划分，Adobe第一财季订阅业务营收为35.84亿美元，相比之下去年同期为27.32亿美元；产品业务营收为1.55亿美元，相比之下去年同期为1.43亿美元；服务和其他业务营收为1.66亿美元，相比之下去年同期为2.16亿美元。Adobe第一财季总营收成本为4.47亿美元，相比之下去年同期为4.52亿美元。其中，订阅业务营收成本为3.24亿美元，相比之下去年同期为2.74亿美元；产品业务营收成本为1000万美元，相比之下去年同期为700万美元；服务和其他业务的营收成本为1.13亿美元，相比之下去年同期为1.71亿美元。Adobe第一财季毛利润为34.58亿美元，相比之下去年同期为26.39亿美元。Adobe第一财季运营利润为14.54亿美元，相比之下去年同期为9.37亿美元。Adobe第一财季总运营支出为20.04亿美元，相比之下去年同期为17.02亿美元。其中，研发支出为6.20亿美元，相比之下去年同期为5.32亿美元；销售和营销支出为10.49亿美元，相比之下去年同期为8.57亿美元；总务和行政支出为2.90亿美元，相比之下去年同期为2.71亿美元；已收购无形资产摊销支出为4500万美元，相比之下去年同期为4200万美元。在第一财季中，Adobe回购了约190万股公司股票。Adobe第一财季来自于业务运营活动的现金流为17.7亿美元。业绩展望：Adobe预计，该公司2021财年第二财季营收将达37.2亿美元左右，其中数字媒体部门营收的同比增幅将达21%左右，数字体验部门营收的同比增幅将达18%左右；数字体验订阅营收的同比增幅将达20%左右；净新数字媒体年化经常性收入将达4.50亿美元左右；按照美国通用会计准则的税率将达19.5%，不按照美国通用会计准则的税率将达16%；每股收益将达2.09美元，不按照美国通用会计准则的每股收益将达2.81美元。据雅虎财经网站提供的数据显示，20名分析师此前平均预期Adobe第二财季营收将达37亿美元，22名分析师此前平均预期Adobe第二财季不按照美国通用会计准则计算的每股收益将达2.7美元，这意味着Adobe对第二财季营收的展望超出预期，对每股收益的展望也超出预期。","news_type":1,"symbols_score_info":{"ADBE":0.9}},"isVote":1,"tweetType":1,"viewCount":1793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":192052089,"gmtCreate":1621132459341,"gmtModify":1704353153056,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192052089","repostId":"1164480285","repostType":4,"repost":{"id":"1164480285","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621039073,"share":"https://ttm.financial/m/news/1164480285?lang=en_US&edition=fundamental","pubTime":"2021-05-15 08:37","market":"us","language":"zh","title":"Last night and this morning: Technology led a two-day rebound in US stocks, while Tesla fell 12% this week.","url":"https://stock-news.laohu8.com/highlight/detail?id=1164480285","media":"老虎资讯综合","summary":"摘要：美债收益率大跌提升投资者风险偏好，纳指大涨逾2％，中概股集体反弹；美国输油管道重开，美油、布油双双大涨逾2％；14个月牛市后，贝佐斯等亿万富豪纷纷减持股票 ，大佬Q1持仓 ：桥水建仓特斯拉抛黄金","content":"<p><b>Abstract:</b></p><p><ul><li>The sharp drop in US Treasury yields boosted investor risk appetite, causing the Nasdaq to surge more than 2% and Chinese concept stocks to rebound collectively.</li><li>With the reopening of U.S. oil pipelines, both U.S. and Brent crude oil prices surged by more than 2%.</li><li>After a 14-month bull market, billionaires such as Bezos have reduced their stock holdings.</li><li>Big name Q1 holdings: Bridgewater Associates builds positions<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Selling gold, Soros builds a position<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>Clearance Sale Palantir.</li></ul><b>Overseas markets</b></p><p><b>1. Falling US Treasury yields helped US stocks record their second consecutive rise! The Nasdaq surged over 2%, and Chinese concept stocks rebounded collectively.</b></p><p>The three major U.S. stock indexes opened higher and closed higher across the board on Friday as U.S. retail sales in April failed to grow and fell short of expectations, and U.S. Treasury yields plummeted, boosting investor risk appetite. At the close, the Dow Jones Industrial Average rose 360.68 points to 34,382.13, a gain of 1.06%. The Nasdaq rose 304.99 points to 13,429.98, or 2.32%. The S&P 500 rose 61.35 points to 4,173.85, or 1.49%.</p><p>Chinese concept stocks as a whole have seen a relatively strong rebound. As of Friday's close,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Up 1.66%<a href=\"https://laohu8.com/S/00700\">Tencent</a>ADR rose 3.64%.<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Up 3.85%<a href=\"https://laohu8.com/S/JD\">JD.com</a>Up 1.67%<a href=\"https://laohu8.com/S/NTES\">NetEase</a>Up 3.77%<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>Up 10.72%<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Up 9.08%<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automobiles rose 7.05%.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up 6.50%<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up 11.25%<a href=\"https://laohu8.com/S/JKS\">Jinko Solar</a>Up 2.47%<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>Up 2.69%<a href=\"https://laohu8.com/S/TAL\">TAL Education Group</a>Up 5.38%<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>Up 5.99%<a href=\"https://laohu8.com/S/DAO\">Youdao</a>Up 8.64%.</p><p><b>2. Bank of England Governor says inflation will not last; European stocks closed higher across the board on Friday.</b></p><p>European stocks continued their sharp rebound on Friday (May 14) as investor concerns about inflation slowed as the decline in commodity prices, following a sell-off at the start of trading this week.</p><p><b>3. With the reopening of US oil pipelines, both US and Brent crude oil prices surged by more than 2%! Both rose for the third consecutive week.</b></p><p>Crude oil futures prices closed higher on Friday and have also risen this week as a key U.S. fuel pipeline reopened after being forced to shut down over the weekend due to a ransomware attack.</p><p><b>4. A stronger US dollar pushed gold prices up 0.8%, marking their second consecutive gain! Hit a new closing high in over three months</b></p><p>Gold futures for June delivery on the New York Mercantile Exchange rose $14.10 to settle at $1,838.10 an ounce, a gain of 0.8%, marking their highest closing price since February 10. The contract also closed up nearly 0.1% on Thursday. In overall trading this week, gold futures prices rose by about 0.4% based on the main contract.</p><p><b>5. Dogecoin surges over 40%! Musk speaks out again: Will cooperate with Dogecoin developers</b></p><p>Dogecoin prices surged on Friday after Tesla (NASDAQ:TSLA) CEO Elon Musk, a supporter of the cryptocurrency, posted a message on social media, and cryptocurrency exchange Coinbase announced it would offer Dogecoin trading.</p><p><b>6、</b><a href=\"https://laohu8.com/NW/2135988454\" target=\"_blank\"><b>Top investors in Q1: Bridgewater builds a position in Tesla, Soros builds a position in Vipshop.</b></a></p><p>Bridgewater Associates, the world's largest hedge fund, increased its holdings in consumer and bank stocks in the first quarter of this year, while selling gold ETFs and technology stocks, but also built positions.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>。 Soros's family office also sold off some tech stocks, including big data star Palantir, which directly sold off its holdings. However, it also increased its holdings in many Chinese concept stocks, including newly added long positions.<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>。</p><p><b>7、</b><a href=\"https://laohu8.com/NW/2135600444\" target=\"_blank\"><b>Bridgewater Associates Q1 Holdings: Increased holdings in consumer stocks, bought back Tesla shares; reduced holdings in Chinese concept stocks.</b></a></p><p>According to statistics from 13F data platform Whalewisdom, in Bridgewater's Q1 holdings, a total of 204 targets were increased, 123 targets were reduced, 127 targets were newly added, and 197 targets were sold. From an overall perspective, Bridgewater's main focus in the first quarter was on consumer stocks.<a href=\"https://laohu8.com/S/SPY\">S&P 500 ETF</a>Funds such as gold ETFs have significantly reduced their holdings.</p><p><b>International macro</b></p><p><b>1. Federal Reserve's Mester: Policy is in good shape; now is not the time for adjustments.</b></p><p>Loretta Mester, president of the Federal Reserve Bank of Cleveland, said the Fed's policy is currently in a good state. She also downplayed signals from economic data, saying the data would be volatile as the economy restarted.</p><p><b>2. Americans are no longer willing to spend money? Retail sales did not grow in April and were weaker than expected.</b></p><p>Data released by the U.S. Commerce Department on Friday showed that overall retail sales remained roughly flat month-on-month in April, with an upward revision to a 10.7% increase in March. A Bloomberg survey shows that economists' median forecast is for 1% growth in April.</p><p><b>3. Is the Federal Reserve ready to surrender? Big short Schiff: US inflation will \"explode\" and the dollar is losing its purchasing power.</b></p><p>According to renowned investor and financial commentator Peter Schiff, the Federal Reserve will not fight inflation in the United States. This is because even if they tried to fight, they were destined to fail, so they wouldn't even try. For this reason, I have been telling everyone that there will be no war on inflation. The Fed is now ready to surrender. Inflation will undoubtedly win big. In fact, the future inflation problem will be much more dire than the market expects. If the weakness in gold prices is indeed due to higher-than-expected inflation, then investors should seize the opportunity to buy now.</p><p><b>4、</b><a href=\"https://laohu8.com/NW/2135600094\" target=\"_blank\"><b>Secure your profits! After 14 months of bull market, billionaires such as Bezos have reduced their stock holdings</b></a></p><p>The world's richest shareholders are selling their shares to secure their profits. Including<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Jeff Bezos and<a href=\"https://laohu8.com/S/GOOG\">Google</a>Company insiders, including co-founder Sergey Brin, have recently accelerated their share reductions to seize the opportunity presented by the 14-month bull market to cash out.</p><p><b>5. Unable to distinguish between good news and bad news for inflation, American investors have reason to be anxious.</b></p><p>It is widely believed that inflation is a positive factor for the stock market. However, over the past week, inflation has risen far beyond economists' expectations, causing panic among U.S. stock market investors. One Wall Street analyst said that a closer look at historical records might reveal why investors behave the way they do.</p><p><b>6. New bond king Gunlak: There is reason to worry about inflation, which may force the Federal Reserve to rate hike.</b></p><p>\"In my opinion, the market is starting to get a little worried (about inflation) this week,\" Gunlach said. He then added, \"This is the biggest discrepancy between the consumer price index and economists' expectations in years, and perhaps even the biggest in my entire career.\"</p><p><b>Company News</b></p><p><b>1、</b><a href=\"https://laohu8.com/NW/2135860760\" target=\"_blank\"><b>Earnings reports from Disney, Airbnb, and DoorDash reveal a new economic normal after the pandemic.</b></a><b></b></p><p>Airbnb says interest in travel has surged again as vaccines become more widely available. The company noted a significant increase in travel bookings in the UK immediately after Prime Minister Boris Johnson announced a gradual exit from lockdown in February. For U.S. customers aged 60 and older, searches for Airbnb summer travel increased by more than 60% between February and March this year.</p><p><b>2、</b><a href=\"https://laohu8.com/NW/2135860665\" target=\"_blank\"><b>Amazon is launching another large-scale recruitment campaign, planning to hire 10,000 permanent employees in the UK.</b></a></p><p>During the COVID-19 pandemic, many companies laid off employees, but Amazon, the world's largest online retailer, bucked the trend. Amazon announced today that it will be hiring 10,000 more people in the UK, bringing the company's total number of employees in the UK to 55,000 by the end of 2021.</p><p><b>3、</b><a href=\"https://laohu8.com/NW/2135607690\" target=\"_blank\"><b>Following Musk's lead, Square backed down, with media reports indicating it has no intention of acquiring more Bitcoin.</b></a></p><p>Among the companies that had previously purchased Bitcoin as reserves, some chose to stop. According to reports, after losing $20 million on related investments, payment fintech company Square has stated that it has no intention of purchasing more Bitcoin as a reserve.</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>Last night and this morning: Technology led a two-day rebound in US stocks, while Tesla fell 12% this week.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast night and this morning: Technology led a two-day rebound in US stocks, while Tesla fell 12% this week.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-15 08:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>Abstract:</b></p><p><ul><li>The sharp drop in US Treasury yields boosted investor risk appetite, causing the Nasdaq to surge more than 2% and Chinese concept stocks to rebound collectively.</li><li>With the reopening of U.S. oil pipelines, both U.S. and Brent crude oil prices surged by more than 2%.</li><li>After a 14-month bull market, billionaires such as Bezos have reduced their stock holdings.</li><li>Big name Q1 holdings: Bridgewater Associates builds positions<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Selling gold, Soros builds a position<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>Clearance Sale Palantir.</li></ul><b>Overseas markets</b></p><p><b>1. Falling US Treasury yields helped US stocks record their second consecutive rise! The Nasdaq surged over 2%, and Chinese concept stocks rebounded collectively.</b></p><p>The three major U.S. stock indexes opened higher and closed higher across the board on Friday as U.S. retail sales in April failed to grow and fell short of expectations, and U.S. Treasury yields plummeted, boosting investor risk appetite. At the close, the Dow Jones Industrial Average rose 360.68 points to 34,382.13, a gain of 1.06%. The Nasdaq rose 304.99 points to 13,429.98, or 2.32%. The S&P 500 rose 61.35 points to 4,173.85, or 1.49%.</p><p>Chinese concept stocks as a whole have seen a relatively strong rebound. As of Friday's close,<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Up 1.66%<a href=\"https://laohu8.com/S/00700\">Tencent</a>ADR rose 3.64%.<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Up 3.85%<a href=\"https://laohu8.com/S/JD\">JD.com</a>Up 1.67%<a href=\"https://laohu8.com/S/NTES\">NetEase</a>Up 3.77%<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>Up 10.72%<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Up 9.08%<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automobiles rose 7.05%.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up 6.50%<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up 11.25%<a href=\"https://laohu8.com/S/JKS\">Jinko Solar</a>Up 2.47%<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>Up 2.69%<a href=\"https://laohu8.com/S/TAL\">TAL Education Group</a>Up 5.38%<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>Up 5.99%<a href=\"https://laohu8.com/S/DAO\">Youdao</a>Up 8.64%.</p><p><b>2. Bank of England Governor says inflation will not last; European stocks closed higher across the board on Friday.</b></p><p>European stocks continued their sharp rebound on Friday (May 14) as investor concerns about inflation slowed as the decline in commodity prices, following a sell-off at the start of trading this week.</p><p><b>3. With the reopening of US oil pipelines, both US and Brent crude oil prices surged by more than 2%! Both rose for the third consecutive week.</b></p><p>Crude oil futures prices closed higher on Friday and have also risen this week as a key U.S. fuel pipeline reopened after being forced to shut down over the weekend due to a ransomware attack.</p><p><b>4. A stronger US dollar pushed gold prices up 0.8%, marking their second consecutive gain! Hit a new closing high in over three months</b></p><p>Gold futures for June delivery on the New York Mercantile Exchange rose $14.10 to settle at $1,838.10 an ounce, a gain of 0.8%, marking their highest closing price since February 10. The contract also closed up nearly 0.1% on Thursday. In overall trading this week, gold futures prices rose by about 0.4% based on the main contract.</p><p><b>5. Dogecoin surges over 40%! Musk speaks out again: Will cooperate with Dogecoin developers</b></p><p>Dogecoin prices surged on Friday after Tesla (NASDAQ:TSLA) CEO Elon Musk, a supporter of the cryptocurrency, posted a message on social media, and cryptocurrency exchange Coinbase announced it would offer Dogecoin trading.</p><p><b>6、</b><a href=\"https://laohu8.com/NW/2135988454\" target=\"_blank\"><b>Top investors in Q1: Bridgewater builds a position in Tesla, Soros builds a position in Vipshop.</b></a></p><p>Bridgewater Associates, the world's largest hedge fund, increased its holdings in consumer and bank stocks in the first quarter of this year, while selling gold ETFs and technology stocks, but also built positions.<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>。 Soros's family office also sold off some tech stocks, including big data star Palantir, which directly sold off its holdings. However, it also increased its holdings in many Chinese concept stocks, including newly added long positions.<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a>。</p><p><b>7、</b><a href=\"https://laohu8.com/NW/2135600444\" target=\"_blank\"><b>Bridgewater Associates Q1 Holdings: Increased holdings in consumer stocks, bought back Tesla shares; reduced holdings in Chinese concept stocks.</b></a></p><p>According to statistics from 13F data platform Whalewisdom, in Bridgewater's Q1 holdings, a total of 204 targets were increased, 123 targets were reduced, 127 targets were newly added, and 197 targets were sold. From an overall perspective, Bridgewater's main focus in the first quarter was on consumer stocks.<a href=\"https://laohu8.com/S/SPY\">S&P 500 ETF</a>Funds such as gold ETFs have significantly reduced their holdings.</p><p><b>International macro</b></p><p><b>1. Federal Reserve's Mester: Policy is in good shape; now is not the time for adjustments.</b></p><p>Loretta Mester, president of the Federal Reserve Bank of Cleveland, said the Fed's policy is currently in a good state. She also downplayed signals from economic data, saying the data would be volatile as the economy restarted.</p><p><b>2. Americans are no longer willing to spend money? Retail sales did not grow in April and were weaker than expected.</b></p><p>Data released by the U.S. Commerce Department on Friday showed that overall retail sales remained roughly flat month-on-month in April, with an upward revision to a 10.7% increase in March. A Bloomberg survey shows that economists' median forecast is for 1% growth in April.</p><p><b>3. Is the Federal Reserve ready to surrender? Big short Schiff: US inflation will \"explode\" and the dollar is losing its purchasing power.</b></p><p>According to renowned investor and financial commentator Peter Schiff, the Federal Reserve will not fight inflation in the United States. This is because even if they tried to fight, they were destined to fail, so they wouldn't even try. For this reason, I have been telling everyone that there will be no war on inflation. The Fed is now ready to surrender. Inflation will undoubtedly win big. In fact, the future inflation problem will be much more dire than the market expects. If the weakness in gold prices is indeed due to higher-than-expected inflation, then investors should seize the opportunity to buy now.</p><p><b>4、</b><a href=\"https://laohu8.com/NW/2135600094\" target=\"_blank\"><b>Secure your profits! After 14 months of bull market, billionaires such as Bezos have reduced their stock holdings</b></a></p><p>The world's richest shareholders are selling their shares to secure their profits. Including<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Jeff Bezos and<a href=\"https://laohu8.com/S/GOOG\">Google</a>Company insiders, including co-founder Sergey Brin, have recently accelerated their share reductions to seize the opportunity presented by the 14-month bull market to cash out.</p><p><b>5. Unable to distinguish between good news and bad news for inflation, American investors have reason to be anxious.</b></p><p>It is widely believed that inflation is a positive factor for the stock market. However, over the past week, inflation has risen far beyond economists' expectations, causing panic among U.S. stock market investors. One Wall Street analyst said that a closer look at historical records might reveal why investors behave the way they do.</p><p><b>6. New bond king Gunlak: There is reason to worry about inflation, which may force the Federal Reserve to rate hike.</b></p><p>\"In my opinion, the market is starting to get a little worried (about inflation) this week,\" Gunlach said. He then added, \"This is the biggest discrepancy between the consumer price index and economists' expectations in years, and perhaps even the biggest in my entire career.\"</p><p><b>Company News</b></p><p><b>1、</b><a href=\"https://laohu8.com/NW/2135860760\" target=\"_blank\"><b>Earnings reports from Disney, Airbnb, and DoorDash reveal a new economic normal after the pandemic.</b></a><b></b></p><p>Airbnb says interest in travel has surged again as vaccines become more widely available. The company noted a significant increase in travel bookings in the UK immediately after Prime Minister Boris Johnson announced a gradual exit from lockdown in February. For U.S. customers aged 60 and older, searches for Airbnb summer travel increased by more than 60% between February and March this year.</p><p><b>2、</b><a href=\"https://laohu8.com/NW/2135860665\" target=\"_blank\"><b>Amazon is launching another large-scale recruitment campaign, planning to hire 10,000 permanent employees in the UK.</b></a></p><p>During the COVID-19 pandemic, many companies laid off employees, but Amazon, the world's largest online retailer, bucked the trend. Amazon announced today that it will be hiring 10,000 more people in the UK, bringing the company's total number of employees in the UK to 55,000 by the end of 2021.</p><p><b>3、</b><a href=\"https://laohu8.com/NW/2135607690\" target=\"_blank\"><b>Following Musk's lead, Square backed down, with media reports indicating it has no intention of acquiring more Bitcoin.</b></a></p><p>Among the companies that had previously purchased Bitcoin as reserves, some chose to stop. According to reports, after losing $20 million on related investments, payment fintech company Square has stated that it has no intention of purchasing more Bitcoin as a reserve.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{"SQQQ":"纳指三倍做空ETF","JD":"京东","TQQQ":"纳指三倍做多ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","PDD":"拼多多","QQQ":"纳指100ETF","QNETCN":"纳斯达克中美互联网老虎指数","BABA":"阿里巴巴","03086":"华夏纳指","PSQ":"做空纳斯达克100指数ETF-ProShares",".IXIC":"NASDAQ Composite","TTTN":"老虎中美互联网巨头ETF","NTES":"网易","QID":"两倍做空纳斯达克指数ETF-ProShares"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164480285","content_text":"摘要：美债收益率大跌提升投资者风险偏好，纳指大涨逾2％，中概股集体反弹；美国输油管道重开，美油、布油双双大涨逾2％；14个月牛市后，贝佐斯等亿万富豪纷纷减持股票 ，大佬Q1持仓 ：桥水建仓特斯拉抛黄金，索罗斯建仓唯品会清仓Palantir。海外市场1、美债收益率下跌助美股录得二连涨！纳指大涨逾2％，中概股集体反弹美股三大指数周五高开高走全线收涨，因美国4月零售销售未见增长并逊于预期，美债收益率大跌，提升了投资者的风险偏好情绪。截至收盘，道指涨360.68点，报34382.13点，涨幅为1.06%；纳指涨304.99点，报13429.98点，涨幅为2.32%；标普500指数涨61.35点，报4173.85点，涨幅为1.49%。中概股整体出现了较为强劲的反弹。截至周五收盘，阿里巴巴涨1.66%、腾讯ADR涨3.64%、百度涨3.85%、京东涨1.67%、网易涨3.77%、哔哩哔哩涨10.72%、小鹏汽车涨9.08%、蔚来汽车涨7.05%、理想汽车涨6.50%、嘉楠科技涨11.25%、晶科能源涨2.47%、拼多多涨2.69%、好未来涨5.38%、新东方涨5.99%、有道涨8.64%。2、英国央行行长称通胀不会持续 欧股周五全线收涨投资者对通胀的担忧随着大宗商品价格的回落放缓，欧洲股市周五（5月14日）继续大幅反弹，此前股市在本周交易开始时遭遇抛售。3、美国输油管道重开，美油、布油双双大涨逾2％！本周均连续第三周走高原油期货价格周五收盘上涨，本周也同样走高，原因是美国一条关键的燃油输送管道在上周末因受到勒索软件攻击而被迫关闭后重新开放。4、美元走强推动金价收高0.8％，录得二连涨！创3个多月收盘新高纽约商品交易所6月份交割的黄金期货价格上涨14.10美元，报收于每盎司1838.10美元，涨幅为0.8%，创下了自2月10日以来的最高收盘价，此前该合约在周四的交易中也收盘上涨近0.1%在本周的整体交易中，按主力合约计算，黄金期货价格累计上涨了0.4%左右。5、狗狗币飙涨逾40％！马斯克再发声：将与狗狗币开发商合作狗狗币价格周五飙升，原因是这种加密货币的支持者、特斯拉（NASDAQ:TSLA）首席执行官埃隆·马斯克（Elon Musk）在社交媒体上发布了一条消息，且加密货币交易所Coinbase称其将提供狗狗币交易。6、大佬Q1投资：桥水建仓特斯拉，索罗斯建仓唯品会全球最大对冲基金桥水今年一季度增持消费类股和银行股，抛售黄金ETF和科技股，但建仓了特斯拉。索罗斯的家族办公室也抛售了一些科技股，其中大数据明星Palantir直接清仓，但同时增持了不少中概股，包括新进做多唯品会。7、桥水基金Q1持仓：加仓消费买回特斯拉，中概股遭减持根据13F数据平台Whalewisdom统计，在桥水Q1持仓中，总共增持204个标的、减持123个标的、新进127个标的、清仓197个标的。从整体操作来看，桥水一季度主要加仓方向为消费股，对于标普500ETF、黄金ETF等基金工具做出了较大减持。国际宏观1、美联储梅斯特：政策处于良好状态 现在不是进行调整的时候克里夫兰联邦储备银行行长洛蕾塔·梅斯特（Loretta Mester）表示，美联储的政策目前处于良好状态。她还淡化了经济数据发出的信号，称随着经济重启，数据将会表现不稳定。2、美国人不愿意花钱了？4月零售销售未见增长，并逊于预期美国商务部周五公布的数据显示，4月整体零售额环比基本持平，3月上修为增长10.7%。彭博调查显示，经济学家预估中值为4月增长1%。3、美联储已准备投降？大空头席夫：美国通胀将“爆炸”，美元正丧失购买力在著名投资人、财经评论家席夫（Peter Schiff）看来美，联储不会和通货膨胀作战的。这么说是因为，哪怕他们尝试去作战，也注定将会失败，所以，他们根本就连尝试都不会去尝试。出于这个原因，我一直在告诉大家，不会有针对通货膨胀的战争。联储现在就已经准备好投降了。通货膨胀毫无疑问将大获全胜。事实上，未来的通胀问题将比市场所预计的可怕得多。如果金价的疲软真的是因为通货膨胀高过预期的缘故，那么投资者现在就应该抓住机会买进。4、落袋为安！14个月牛市后，贝佐斯等亿万富豪纷纷减持股票全世界最富有的股东们纷纷出售持股、落袋为安。包括亚马逊的杰夫·贝佐斯和谷歌联合创始人Sergey Brin在内，企业内部人士最近加快减持步伐，抓住14个月大牛市的机会变现。5、分不清通胀到底是喜讯还是噩耗 美国投资者有理由心惊肉跳人们普遍认为，对于股市来说，通货膨胀是个利好因素。但是，在过去的一周内，远超经济学家预期的通胀攀升，让美国股市的投资者们惊慌失措。一位华尔街分析师表示，仔细翻看历史记录，或许就能知道投资者们为何会有如此表现了。6、新债王冈拉克：有理由担心通胀，可能迫使美联储加息冈拉克表示：“在我看来，本周市场开始有点担心（通胀）了。”他随后补充说：“这是多年来消费者物价指数与经济学家预期相差最大的一次，甚至可能是我整个职业生涯中最大的一次。”公司新闻1、迪士尼、爱彼迎和DoorDash的财报揭示了疫情后的经济新常态爱彼迎表示，随着疫苗变得更加普及，人们对旅游的兴趣再次飙升。该公司指出，在英国首相鲍里斯-约翰逊2月份宣布逐步退出封锁后，英国的旅游预订量立即大幅增加。对于60岁及以上的美国客户来说，今年2月至3月，Airbnb上夏季旅游的搜索量增长了60%以上。2、亚马逊再次大规模招聘 计划在英吸纳10000名永久雇员新冠期间大量企业纷纷裁员，但全球最大在线零售商亚马逊却成为逆流而上的公司。亚马逊今日宣布将在英国增加招聘1万人，到2021年底，公司在英国的总雇员人数将达到5.5万人。3、跟风马斯克收手，媒体称Square无意购买更多比特币此前曾经购买比特币作为储备的企业当中，有人选择了停手。根据报道，在相关投资上损失了2000万美元之后，支付金融技术公司Square表示无意购买更多的比特币作储备。","news_type":1,"symbols_score_info":{"QNETCN":0.9,".IXIC":0.9,"NTES":0.9,"QID":0.9,"BABA":0.9,"QLD":0.9,"SQQQ":0.9,"PDD":0.9,"TTTN":0.9,"NQmain":0.9,"QQQ":0.9,"03086":0.9,"MNQmain":0.9,"TQQQ":0.9,"JD":0.9,"PSQ":0.9}},"isVote":1,"tweetType":1,"viewCount":4260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344707207,"gmtCreate":1618441645409,"gmtModify":1704710800490,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344707207","repostId":"1163247183","repostType":4,"repost":{"id":"1163247183","kind":"news","weMediaInfo":{"introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1618379686,"share":"https://ttm.financial/m/news/1163247183?lang=en_US&edition=fundamental","pubTime":"2021-04-14 13:54","market":"us","language":"zh","title":"Both are about tapering QE. How will this time be different from eight years ago?","url":"https://stock-news.laohu8.com/highlight/detail?id=1163247183","media":"华尔街见闻","summary":"“劳动力市场大致上与2013年底一样健康，但美联储认为这离充分就业还很远。”\n\n2013年4月，也就是QE4宣布退出的半年前，美国失业率刚刚从金融危机峰值下降到7.5%，黑人失业率则还高达13％。\n那","content":"<p>\"The labor market is roughly as healthy as it was at the end of 2013, but the Federal Reserve believes it is still far from full employment.\" In April 2013, six months before the exit of QE4 was announced, the U.S. unemployment rate had just fallen from the peak of the financial crisis to 7.5%, while the unemployment rate for Black people was still as high as 13%.</p><p>At that time, Powell had just become a governor of the Federal Reserve. At a meeting of the Open Market Committee, he said that \"substantial progress has been made in achieving economic goals\" and suggested starting to consider reducing bond purchases.</p><p><b>Eight years later, the unemployment rate has fallen from its pandemic peak to 6%, and the job market is much healthier than it was back then (for example, the Black unemployment rate has fallen to 9.6%), but Powell feels that this is not enough.</b></p><p><b>\"The recovery remains incomplete and uneven,\" he noted at last week's IMF Spring Meetings webinar.</b>The scale of QE will be maintained until \"substantial further progress\" is made towards achieving the inflation and employment targets before considering tapering.</p><p><img src=\"https://static.tigerbbs.com/0cb9269b36146e907455c5636dc1bd7d\" tg-width=\"1019\" tg-height=\"535\" referrerpolicy=\"no-referrer\"></p><p>The index combines 22 indicators reflecting the health of the job market, showing that current health is better than in 2013.</p><p>This shift in attitude indicates that the Federal Reserve now prioritizes achieving full employment and has a different understanding of \"full employment\".</p><p><b>Employment is the top priority</b></p><p>When it came to prioritizing two economic goals—stabilizing inflation at an average of 2% and achieving full employment—the Federal Reserve chose the latter this time, using a methodology derived from its experience in 2013.</p><p>In 2013, the Federal Reserve linked inflation and the unemployment rate very closely, believing that a drop in the unemployment rate to a certain level (4.5%) would trigger a sharp rise in prices. Conversely, in order to prevent inflation from getting out of control, stimulus should be withdrawn before the job market fully recovers.</p><p>Therefore, when the unemployment rate was still 7% that year, the Federal Reserve announced that it would reduce its bond purchases because it expected the unemployment rate to continue to decline after tapering QE, gradually pushing inflation back to the 2% target level.</p><p><b>But as it turns out, inflation is indeed rising, but at a very slow pace. The unemployment rate has long since fallen below 4.5%, but inflation has remained below 2% for eight years due to insufficient enthusiasm for private sector consumption and investment.</b></p><p><b>Reuters analyst Howard Schneider commented that this could lead the Federal Reserve to believe that inflation is generally weak, so it can wait for the unemployment rate to fall to a lower level this time without significant inflationary risks.</b></p><p><b>According to the Federal Reserve's forecast, the unemployment rate will fall from the current 6% to 4.5% by the end of the year, and it is expected to add one million jobs per month by this summer.</b>U.S. non-farm payrolls increased by 916,000 in March, far exceeding expectations, which is seen as evidence of a positive outlook for the job market.</p><p>However, many analysts are skeptical of this approach. The U.S. CPI rose 2.6% year-on-year in March, the highest level since August 2018. Although this was partly due to the low base effect in the same period last year, the widening supply-demand gap cannot be ignored.</p><p>The pandemic has caused widespread disruptions to the downstream consumer goods supply chain in the United States, which has not yet fully recovered, with the recent chip shortage being the most obvious example. On the demand side, demand is indeed gradually recovering, with significant improvements in demand for gasoline, food, and housing, and demand for offline services is also on a recovery track.</p><p>Edward Al-Hussainy, senior interest rate analyst at Columbia Threadneedle, said:</p><p>A large-scale experiment is underway... We are making the economy hotter and hotter. The constraints on the supply side caused by the pandemic have not been completely lifted, and the economy is undergoing restructuring. We do not know how this will affect price formation.<b>When will \"substantial progress be made\"?</b></p><p>So what constitutes a \"complete\" and \"balanced\" recovery in the job market?</p><p>At the IMF spring meetings, Powell gave a rough quantitative statement: if we can increase employment by 1 million people \"for several consecutive months\" as we did in March, \"that would really begin to show that we are making progress toward our goals.\"</p><p><b>But in addition, the Federal Reserve needs to make a significant contribution to the \"health\" of the job market this time.</b></p><p>At a Federal Reserve meeting in March, Powell expressed concern about the state of socioeconomic inequality in the United States:</p><p>The economic downturn did not hit all Americans equally; those who were already the most vulnerable were hit hardest. Currently, although the US job market is performing better in several indicators, including the overall unemployment rate, the Black unemployment rate, and the female unemployment rate, than it did when QE was exited in 2013,<b>However, the labor force participation rate and the proportion of long-term unemployed people in the unemployed population are still lower than in previous years.</b></p><p><img src=\"https://static.tigerbbs.com/ebc5f0395bc553ddbb5eb9870f1c7080\" tg-width=\"965\" tg-height=\"736\" referrerpolicy=\"no-referrer\"></p><p>Nick Bunker, head of economic research at Indeed Hiring Lab, said that today's Federal Reserve \"has a different view of what constitutes full employment.\"<b>The labor market is roughly as healthy as it was at the end of 2013, but the Federal Reserve believes it is still far from full employment.</b>”</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>Both are about tapering QE. How will this time be different from eight years ago?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoth are about tapering QE. How will this time be different from eight years ago?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time smaller\">2021-04-14 13:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>\"The labor market is roughly as healthy as it was at the end of 2013, but the Federal Reserve believes it is still far from full employment.\" In April 2013, six months before the exit of QE4 was announced, the U.S. unemployment rate had just fallen from the peak of the financial crisis to 7.5%, while the unemployment rate for Black people was still as high as 13%.</p><p>At that time, Powell had just become a governor of the Federal Reserve. At a meeting of the Open Market Committee, he said that \"substantial progress has been made in achieving economic goals\" and suggested starting to consider reducing bond purchases.</p><p><b>Eight years later, the unemployment rate has fallen from its pandemic peak to 6%, and the job market is much healthier than it was back then (for example, the Black unemployment rate has fallen to 9.6%), but Powell feels that this is not enough.</b></p><p><b>\"The recovery remains incomplete and uneven,\" he noted at last week's IMF Spring Meetings webinar.</b>The scale of QE will be maintained until \"substantial further progress\" is made towards achieving the inflation and employment targets before considering tapering.</p><p><img src=\"https://static.tigerbbs.com/0cb9269b36146e907455c5636dc1bd7d\" tg-width=\"1019\" tg-height=\"535\" referrerpolicy=\"no-referrer\"></p><p>The index combines 22 indicators reflecting the health of the job market, showing that current health is better than in 2013.</p><p>This shift in attitude indicates that the Federal Reserve now prioritizes achieving full employment and has a different understanding of \"full employment\".</p><p><b>Employment is the top priority</b></p><p>When it came to prioritizing two economic goals—stabilizing inflation at an average of 2% and achieving full employment—the Federal Reserve chose the latter this time, using a methodology derived from its experience in 2013.</p><p>In 2013, the Federal Reserve linked inflation and the unemployment rate very closely, believing that a drop in the unemployment rate to a certain level (4.5%) would trigger a sharp rise in prices. Conversely, in order to prevent inflation from getting out of control, stimulus should be withdrawn before the job market fully recovers.</p><p>Therefore, when the unemployment rate was still 7% that year, the Federal Reserve announced that it would reduce its bond purchases because it expected the unemployment rate to continue to decline after tapering QE, gradually pushing inflation back to the 2% target level.</p><p><b>But as it turns out, inflation is indeed rising, but at a very slow pace. The unemployment rate has long since fallen below 4.5%, but inflation has remained below 2% for eight years due to insufficient enthusiasm for private sector consumption and investment.</b></p><p><b>Reuters analyst Howard Schneider commented that this could lead the Federal Reserve to believe that inflation is generally weak, so it can wait for the unemployment rate to fall to a lower level this time without significant inflationary risks.</b></p><p><b>According to the Federal Reserve's forecast, the unemployment rate will fall from the current 6% to 4.5% by the end of the year, and it is expected to add one million jobs per month by this summer.</b>U.S. non-farm payrolls increased by 916,000 in March, far exceeding expectations, which is seen as evidence of a positive outlook for the job market.</p><p>However, many analysts are skeptical of this approach. The U.S. CPI rose 2.6% year-on-year in March, the highest level since August 2018. Although this was partly due to the low base effect in the same period last year, the widening supply-demand gap cannot be ignored.</p><p>The pandemic has caused widespread disruptions to the downstream consumer goods supply chain in the United States, which has not yet fully recovered, with the recent chip shortage being the most obvious example. On the demand side, demand is indeed gradually recovering, with significant improvements in demand for gasoline, food, and housing, and demand for offline services is also on a recovery track.</p><p>Edward Al-Hussainy, senior interest rate analyst at Columbia Threadneedle, said:</p><p>A large-scale experiment is underway... We are making the economy hotter and hotter. The constraints on the supply side caused by the pandemic have not been completely lifted, and the economy is undergoing restructuring. We do not know how this will affect price formation.<b>When will \"substantial progress be made\"?</b></p><p>So what constitutes a \"complete\" and \"balanced\" recovery in the job market?</p><p>At the IMF spring meetings, Powell gave a rough quantitative statement: if we can increase employment by 1 million people \"for several consecutive months\" as we did in March, \"that would really begin to show that we are making progress toward our goals.\"</p><p><b>But in addition, the Federal Reserve needs to make a significant contribution to the \"health\" of the job market this time.</b></p><p>At a Federal Reserve meeting in March, Powell expressed concern about the state of socioeconomic inequality in the United States:</p><p>The economic downturn did not hit all Americans equally; those who were already the most vulnerable were hit hardest. Currently, although the US job market is performing better in several indicators, including the overall unemployment rate, the Black unemployment rate, and the female unemployment rate, than it did when QE was exited in 2013,<b>However, the labor force participation rate and the proportion of long-term unemployed people in the unemployed population are still lower than in previous years.</b></p><p><img src=\"https://static.tigerbbs.com/ebc5f0395bc553ddbb5eb9870f1c7080\" tg-width=\"965\" tg-height=\"736\" referrerpolicy=\"no-referrer\"></p><p>Nick Bunker, head of economic research at Indeed Hiring Lab, said that today's Federal Reserve \"has a different view of what constitutes full employment.\"<b>The labor market is roughly as healthy as it was at the end of 2013, but the Federal Reserve believes it is still far from full employment.</b>”</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/acda3093f2aff10e50f822317125a553","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163247183","content_text":"“劳动力市场大致上与2013年底一样健康，但美联储认为这离充分就业还很远。”\n\n2013年4月，也就是QE4宣布退出的半年前，美国失业率刚刚从金融危机峰值下降到7.5%，黑人失业率则还高达13％。\n那时鲍威尔刚当上美联储理事不久，他在公开市场委员会会议上表示，“实现经济目标已取得实质性进展”，建议开始考虑减少购债。\n八年后的今天，失业率已经从疫情峰值下降到6%，就业市场健康状况也远好于当年（如黑人失业率降至9.6%），鲍威尔却觉得这还不够。\n上周的IMF春季会议线上研讨会上他指出，“复苏仍然不完整，不均衡”，将维持QE规模，直至实现通胀和就业目标“取得实质性的进一步进展”再考虑缩减。\n\n指数综合了反应就业市场健康状况的22个指标，显示当前健康状况好于2013年\n其中的态度转变表明，美联储如今把实现充分就业放在重中之重，并且对“充分就业”有了不同的理解。\n就业是重中之重\n在两个经济目标——稳定通胀率在平均2%水平和实现充分就业——何者为优先项上，美联储这次选择了后者，这是从2013年的经验中得来的方法论。\n2013年，美联储将通胀和失业率联系得十分紧密，他们认为失业率降到一定程度（4.5%）会触发物价水平急剧上升；则反过来，为了不让通胀失控，就应该在就业市场完全复苏前退出刺激。\n于是，当年失业率还在7%的时候，美联储就宣布减少购债，因为预计缩减QE后失业率还会继续下降，慢慢推升通胀回到2%目标位。\n但事实证明，通胀确实在升，却升得非常慢。失业率早已降到4.5%以下，但八年来，由于私营部门消费投资热情不足，通胀持续低于2%。\n路透分析师Howard Schneider评论，这可能让美联储认为，通胀总体上较弱，所以这次可以等待失业率下降到更低的水平，而不会有很大的通胀风险。\n根据美联储的预测，到年底，失业率将从目前的6％下降到4.5％，预计到今年夏天，每月将增加一百万就业人数。美国3月非农就业人口增加91.6万，远超预期，被认为是就业市场前景向好的一个证明。\n不过，许多分析师对这种做法持怀疑态度。美国3月CPI同比增长2.6%，创下2018年8月来最高水平，虽然部分是由于去年同期低基数效应，但供需缺口的扩大不容忽视。\n疫情造成美国下游消费品端大面积供应链断裂，目前尚未完全恢复，近期芯片短缺就是最明显的例子。需求端则确实在逐步抬头，汽油、食品、住房需求均明显改善，线下服务需求也处于复苏轨道。\nColumbia Threadneedle高级利率分析师Edward Al-Hussainy表示：\n\n 一场大规模的实验正在进行……我们正在让经济变得越来越热。疫情对供应端形成的约束并未完全解除，经济正在进行重新配置，我们不知道这将如何影响价格形成。\n\n何时“取得实质性进展”？\n那么对于就业市场，怎样才叫做复苏实现“完整”、“均衡”？\n鲍威尔IMF春季会议上给了个大致的定量说法：如果能像3月那样增加就业，“连续几个月”增加100万就业人口，“那样就真正开始显示，向着我们的目标有了进展”。\n但另外，美联储这次要在就业市场“健康”程度上好好画上一笔。\n3月一次美联储会议上，鲍威尔对美国社会经济不平等的状态表示担忧：\n\n 经济下滑并没有使得所有美国人受到相同的打击，本就最脆弱的那些人受到的打击最大。”\n\n目前，虽然美国就业市场在整体失业率、黑人失业率、女性失业率等多项指标上，表现都优于2013年退出QE时期，但在劳动参与率、长期失业人口占失业人口比重等方面仍不及当年。\n\nIndeed Hiring Lab经济研究主管Nick Bunker说表示，今天的美联储“对充分就业的构成有不同的看法”，“劳动力市场大致上与2013年底一样健康，但美联储认为这离充分就业还很远。”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1840,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133726105,"gmtCreate":1621812950907,"gmtModify":1704362530807,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/133726105","repostId":"1159987430","repostType":4,"isVote":1,"tweetType":1,"viewCount":4009,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199654326,"gmtCreate":1620702010365,"gmtModify":1704347014389,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199654326","repostId":"1178159521","repostType":4,"repost":{"id":"1178159521","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620698492,"share":"https://ttm.financial/m/news/1178159521?lang=en_US&edition=fundamental","pubTime":"2021-05-11 10:01","market":"us","language":"zh","title":"The results of the seventh national population census have been released! The country's total population is 1,411.78 million.","url":"https://stock-news.laohu8.com/highlight/detail?id=1178159521","media":"老虎资讯综合","summary":"据央视新闻报道，5月11日上午10时，国新办举行新闻发布会，介绍第七次全国人口普查主要数据结果并答记者问。国家统计局局长宁吉喆在会上通报，全国人口共141178万人，与2010年的133972万人相比","content":"<p>According to CCTV News, at 10:00 a.m. on May 11, the State Council Information Office held a press conference to introduce the main data results of the Seventh National Population Census and answer questions from reporters. At the meeting, Ning Jizhe, Director of the National Bureau of Statistics, reported that the national population totaled 1,411.78 million, an increase of 72.06 million, or 5.38%, compared with 1,339.72 million in 2010. The average annual growth rate was 0.53%, a decrease of 0.04 percentage points from the average annual growth rate of 0.57% from 2000 to 2010. Data shows that my country's population has continued to grow at a low rate over the past 10 years.</p><p>Of the national population, 723,339,956 are male, accounting for 51.24%; The female population was 68,8438,768, accounting for 48.76%. The sex ratio of the total population was 105.07.</p><p><b>National Bureau of Statistics: The aging population is deepening, and the country will continue to face pressure for long-term balanced population development in the coming period.</b></p><p>Of the national population, 253,383,938 are aged 0-14, accounting for 17.95%. The population aged 15-59 is 894,376,020, accounting for 63.35%; The population aged 60 and above was 26,4018,766, accounting for 18.70%, of which 19,063,5280 were aged 65 and above, accounting for 13.50%. Compared with the sixth national population census in 2010, the proportion of the population aged 0-14 increased by 1.35 percentage points, the proportion of the population aged 15-59 decreased by 6.79 percentage points, the proportion of the population aged 60 and above increased by 5.44 percentage points, and the proportion of the population aged 65 and above increased by 4.63 percentage points.</p><p><b>National Bureau of Statistics: The average population per household is 2.62.</b></p><p>There are a total of 49,4157,423 households and 28,531,842 collective households nationwide, with a household population of 12,92,809,300 and a collective household population of 11,896,9424. The average population per household was 2.62 persons, a decrease of 0.48 persons from 3.10 persons in the sixth national census in 2010.</p><p><b>The population of Northeast China has declined by 1.2% in 10 years.</b></p><p>The National Bureau of Statistics released the main data results of the seventh national population census on the 11th. Data shows that the eastern region accounts for 39.93% of the population, the central region for 25.83%, the western region for 27.12%, and the northeastern region for 6.98%. Compared with 2010, the proportion of the population in the eastern region increased by 2.15 percentage points, the central region decreased by 0.79 percentage points, the western region increased by 0.22 percentage points, and the northeastern region decreased by 1.20 percentage points. The population is further concentrated in economically developed regions and urban clusters.</p><p><b>National Bureau of Statistics: Over the past 10 years, my country's new urbanization process has progressed steadily, and historic achievements have been made in urbanization construction.</b></p><p>The population living in urban areas was 901.99 million, accounting for 63.89%; The population living in rural areas is 509.79 million, accounting for 36.11%. Compared with 2010, the urban population increased by 236.42 million, the rural population decreased by 164.36 million, and the proportion of the urban population increased by 14.21 percentage points. With the deepening development of my country's new industrialization, informatization and agricultural modernization, and the implementation of the policy of urbanization of rural migrants, my country's new urbanization process has been steadily advanced over the past 10 years, and historic achievements have been made in urbanization construction.</p><p><b>National Bureau of Statistics: Population is further concentrated in economically developed regions and urban agglomerations.</b></p><p>According to data from the National Bureau of Statistics, among the 31 provinces, two have a population of over 100 million, nine have a population between 50 million and 100 million, 17 have a population between 10 million and 50 million, and three have a population of less than 10 million. Among them, the top five provinces in terms of population account for 35.09% of the national population. By region, the population of the eastern region is 56,3717,119, accounting for 39.93%; The population of the central region is 36,469,4362, accounting for 25.83%; The population of the western region is 38,285,2295, accounting for 27.12%; The population of Northeast China is 98,514,948, accounting for 6.98%. Compared with 2010, the proportion of the population in the eastern region increased by 2.15 percentage points, the central region decreased by 0.79 percentage points, the western region increased by 0.22 percentage points, and the northeastern region decreased by 1.20 percentage points. The population is further concentrated in economically developed regions and urban clusters.</p><p><b>National Bureau of Statistics: The population omission rate in the Seventh National Population Census was 0.05%, and the census results are authentic and reliable.</b></p><p>The National Bureau of Statistics stated that the seventh national population census implemented a strict quality control system and established and improved a mechanism for tracing and accountability of census data to ensure that census data is verifiable, traceable, and accountable. Make full use of departmental administrative records and enterprise big data to conduct refined comparison and verification of census data. Census agencies at all levels strictly implement quality control requirements, conscientiously carry out quality acceptance inspections, and ensure the quality of work at each stage of the census. To objectively and comprehensively evaluate the quality of national population census registration, the Leading Group Office organized a post-event quality inspection. The results showed that the population omission rate in the seventh national population census was 0.05%, and the census results were authentic and reliable.</p><p><b>National Bureau of Statistics: The population with a university degree is 218.36 million</b></p><p>The population with a university degree is 218.36 million. Compared to 2010, the number of people with a university degree per 100,000 increased from 8,930 to 15,467, the average years of education for people aged 15 and above increased from 9.08 years to 9.91 years, and the illiteracy rate decreased from 4.08% to 2.67%. The continuous improvement in educational status reflects the positive results achieved in my country's vigorous development of higher education and the eradication of illiteracy among young and middle-aged adults over the past 10 years, as well as the continuous improvement in the quality of the population.</p><p><b>There are 34.9 million more men than women in China</b></p><p>The male population was 723.34 million, accounting for 51.24%; The female population is 688.44 million, accounting for 48.76%. The total population sex ratio (100 females, male to female ratio) was 105.07, which was basically the same as in 2010, but slightly lower. The sex ratio at birth was 111.3, a decrease of 6.8 compared to 2010.</p><p><b>Bureau of Statistics: my country's domestic market advantages and demographic dividend still exist.</b></p><p>According to a press conference held by the State Council Information Office, my country's advantage of a super-large domestic market will exist for a long time, and the population, resources and environment are in a tight balance, requiring measures to promote balanced population development. Labor resources remain abundant, and the demographic dividend still exists; As the quality of the population continues to improve, new advantages of the talent dividend will gradually emerge.</p><p><b>National Bureau of Statistics: The proportion of second children among births rose from about 30% in 2013 to about 50% in 2017.</b></p><p>According to Ning Jizhe, director of the National Bureau of Statistics, the number and proportion of children in the population are increasing in terms of age composition. The number of children aged 0-14 increased by 30.92 million compared to 2010, an increase of 1.35 percentage points. Decisions and policies such as \"individual two-child policies\" and \"universal two-child policies\" have promoted a rebound in the birth population, resulting in a significant increase in the birth rate of second children. The proportion of second children in the birth population rose from about 30% in 2013 to about 50% in 2017.</p><p><b>National Bureau of Statistics: Slowing population growth requires measures to promote long-term balanced population development.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, explained that the impact of population change on the economy and society should be viewed dialectically. my country's basic national conditions of a large population base and large population have not changed, the advantage of a super-large domestic market will exist for a long time, and the population, resources and environment will remain in a tight balance. At the same time, population growth is slowing down, and measures need to be taken to promote long-term balanced population development.</p><p>National Bureau of Statistics: Population growth will continue to slow down, but the total will remain above 1.4 billion for a long time.</p><p><b>National Bureau of Statistics: The average age of my country's population is 38.8 years old</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, introduced that the census results also show that my country's working-age population aged 16-59 is 880 million, and the labor force resources are still abundant. According to this census, the average age of my country's population is 38.8 years old. Overall, they are still young and energetic. The United States recently released its latest census data, showing that the average age is 38 years old, which is similar to the level in my country.</p><p><b>The National Bureau of Statistics responded to the slowdown in population growth: a combination of factors.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that census data shows that my country's population growth rate has slowed down, with an average annual growth rate of 0.53% over the past decade, a decrease of 0.04 percentage points from the previous decade. This trend is the result of a combination of factors, mainly due to the continuous decline in the number of women of childbearing age, especially those in their prime, the delay in people's childbirth, and the increase in the cost of childbirth and childcare. This is an objective result of my country's economic development, especially industrialization and urbanization, reaching a certain stage, and it is also a common problem faced by the world, especially developed countries.</p><p><b>National Bureau of Statistics: Population aging presents both opportunities and challenges as a significant national condition during the growth period.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that population aging is an important trend in my country's social development and a long-term and important national condition. Addressing population aging presents both challenges and opportunities. In terms of challenges, population aging has reduced the working-age population and increased the burden on social security. However, it should also be recognized that aging has promoted the development of the silver economy, increased consumption of elderly services, and technological advancements. It is worth mentioning that among the elderly population, young people aged 60 to 69 account for more than 50%, indicating great potential to contribute their remaining energy.</p><p><b>Is there a \"data adjustment phase\" in the population census? Bureau of Statistics: No post-event adjustments</b></p><p>Zhang Yi, deputy director of the Office of the Leading Group for the Seventh National Population Census of the State Council and director of the Department of Population and Employment Statistics of the National Bureau of Statistics, said that the population census is a comprehensive survey. The Seventh Population Census registers all census subjects one by one according to unified standards and within a unified time frame. Data is collected electronically and reported in real time online. After the data is reviewed, the relevant population data is directly summarized and calculated without any subsequent adjustments.</p><p><b>Statistics Bureau Responds to Population Decline in Northeast China: Further Strengthen Research on Population Problems in Northeast China</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that the population decline in Northeast China is affected by many factors, including the natural environment, geographical environment, fertility level, and economic and social development. Next, we will further strengthen our research on population issues in Northeast China, actively address the challenges brought about by population change, seize the opportunities presented by these changes, and serve the economic and social development of Northeast China.</p><p>According to the National Bureau of Statistics, the total fertility rate of women of childbearing age in my country was 1.3 in 2020, which is at a relatively low fertility level.</p><p><b>In 2020, China's birth population was 12 million.</b></p><p>Ning Jizhe, deputy head of the State Council's Leading Group for the Seventh National Population Census and director of the National Bureau of Statistics, said at a press conference on May 11 that the universal two-child policy has achieved positive results. First, the export population is large, with the birth population increasing significantly in 2016 and 2017, exceeding 18 million and 17 million respectively. The number of births has declined since 2018. Preliminary data shows that my country's birth population in 2020 was 12 million, which is still a considerable number. Second, the proportion of second children is high. Between 2014 and 2017, the proportion of second children among those born increased significantly, from 30% in 2013 to about 50% in 2017. Although it has declined since then, it is still above 40%. Third, the fertility rate has declined. The total fertility rate of women of childbearing age in my country is 1.3, which is already at a low fertility level.<img src=\"https://static.tigerbbs.com/42f8c6889d366f137dfa29760f7e099f\" tg-width=\"750\" tg-height=\"4160\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The results of the seventh national population census have been released! The country's total population is 1,411.78 million.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe results of the seventh national population census have been released! The country's total population is 1,411.78 million.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-11 10:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>According to CCTV News, at 10:00 a.m. on May 11, the State Council Information Office held a press conference to introduce the main data results of the Seventh National Population Census and answer questions from reporters. At the meeting, Ning Jizhe, Director of the National Bureau of Statistics, reported that the national population totaled 1,411.78 million, an increase of 72.06 million, or 5.38%, compared with 1,339.72 million in 2010. The average annual growth rate was 0.53%, a decrease of 0.04 percentage points from the average annual growth rate of 0.57% from 2000 to 2010. Data shows that my country's population has continued to grow at a low rate over the past 10 years.</p><p>Of the national population, 723,339,956 are male, accounting for 51.24%; The female population was 68,8438,768, accounting for 48.76%. The sex ratio of the total population was 105.07.</p><p><b>National Bureau of Statistics: The aging population is deepening, and the country will continue to face pressure for long-term balanced population development in the coming period.</b></p><p>Of the national population, 253,383,938 are aged 0-14, accounting for 17.95%. The population aged 15-59 is 894,376,020, accounting for 63.35%; The population aged 60 and above was 26,4018,766, accounting for 18.70%, of which 19,063,5280 were aged 65 and above, accounting for 13.50%. Compared with the sixth national population census in 2010, the proportion of the population aged 0-14 increased by 1.35 percentage points, the proportion of the population aged 15-59 decreased by 6.79 percentage points, the proportion of the population aged 60 and above increased by 5.44 percentage points, and the proportion of the population aged 65 and above increased by 4.63 percentage points.</p><p><b>National Bureau of Statistics: The average population per household is 2.62.</b></p><p>There are a total of 49,4157,423 households and 28,531,842 collective households nationwide, with a household population of 12,92,809,300 and a collective household population of 11,896,9424. The average population per household was 2.62 persons, a decrease of 0.48 persons from 3.10 persons in the sixth national census in 2010.</p><p><b>The population of Northeast China has declined by 1.2% in 10 years.</b></p><p>The National Bureau of Statistics released the main data results of the seventh national population census on the 11th. Data shows that the eastern region accounts for 39.93% of the population, the central region for 25.83%, the western region for 27.12%, and the northeastern region for 6.98%. Compared with 2010, the proportion of the population in the eastern region increased by 2.15 percentage points, the central region decreased by 0.79 percentage points, the western region increased by 0.22 percentage points, and the northeastern region decreased by 1.20 percentage points. The population is further concentrated in economically developed regions and urban clusters.</p><p><b>National Bureau of Statistics: Over the past 10 years, my country's new urbanization process has progressed steadily, and historic achievements have been made in urbanization construction.</b></p><p>The population living in urban areas was 901.99 million, accounting for 63.89%; The population living in rural areas is 509.79 million, accounting for 36.11%. Compared with 2010, the urban population increased by 236.42 million, the rural population decreased by 164.36 million, and the proportion of the urban population increased by 14.21 percentage points. With the deepening development of my country's new industrialization, informatization and agricultural modernization, and the implementation of the policy of urbanization of rural migrants, my country's new urbanization process has been steadily advanced over the past 10 years, and historic achievements have been made in urbanization construction.</p><p><b>National Bureau of Statistics: Population is further concentrated in economically developed regions and urban agglomerations.</b></p><p>According to data from the National Bureau of Statistics, among the 31 provinces, two have a population of over 100 million, nine have a population between 50 million and 100 million, 17 have a population between 10 million and 50 million, and three have a population of less than 10 million. Among them, the top five provinces in terms of population account for 35.09% of the national population. By region, the population of the eastern region is 56,3717,119, accounting for 39.93%; The population of the central region is 36,469,4362, accounting for 25.83%; The population of the western region is 38,285,2295, accounting for 27.12%; The population of Northeast China is 98,514,948, accounting for 6.98%. Compared with 2010, the proportion of the population in the eastern region increased by 2.15 percentage points, the central region decreased by 0.79 percentage points, the western region increased by 0.22 percentage points, and the northeastern region decreased by 1.20 percentage points. The population is further concentrated in economically developed regions and urban clusters.</p><p><b>National Bureau of Statistics: The population omission rate in the Seventh National Population Census was 0.05%, and the census results are authentic and reliable.</b></p><p>The National Bureau of Statistics stated that the seventh national population census implemented a strict quality control system and established and improved a mechanism for tracing and accountability of census data to ensure that census data is verifiable, traceable, and accountable. Make full use of departmental administrative records and enterprise big data to conduct refined comparison and verification of census data. Census agencies at all levels strictly implement quality control requirements, conscientiously carry out quality acceptance inspections, and ensure the quality of work at each stage of the census. To objectively and comprehensively evaluate the quality of national population census registration, the Leading Group Office organized a post-event quality inspection. The results showed that the population omission rate in the seventh national population census was 0.05%, and the census results were authentic and reliable.</p><p><b>National Bureau of Statistics: The population with a university degree is 218.36 million</b></p><p>The population with a university degree is 218.36 million. Compared to 2010, the number of people with a university degree per 100,000 increased from 8,930 to 15,467, the average years of education for people aged 15 and above increased from 9.08 years to 9.91 years, and the illiteracy rate decreased from 4.08% to 2.67%. The continuous improvement in educational status reflects the positive results achieved in my country's vigorous development of higher education and the eradication of illiteracy among young and middle-aged adults over the past 10 years, as well as the continuous improvement in the quality of the population.</p><p><b>There are 34.9 million more men than women in China</b></p><p>The male population was 723.34 million, accounting for 51.24%; The female population is 688.44 million, accounting for 48.76%. The total population sex ratio (100 females, male to female ratio) was 105.07, which was basically the same as in 2010, but slightly lower. The sex ratio at birth was 111.3, a decrease of 6.8 compared to 2010.</p><p><b>Bureau of Statistics: my country's domestic market advantages and demographic dividend still exist.</b></p><p>According to a press conference held by the State Council Information Office, my country's advantage of a super-large domestic market will exist for a long time, and the population, resources and environment are in a tight balance, requiring measures to promote balanced population development. Labor resources remain abundant, and the demographic dividend still exists; As the quality of the population continues to improve, new advantages of the talent dividend will gradually emerge.</p><p><b>National Bureau of Statistics: The proportion of second children among births rose from about 30% in 2013 to about 50% in 2017.</b></p><p>According to Ning Jizhe, director of the National Bureau of Statistics, the number and proportion of children in the population are increasing in terms of age composition. The number of children aged 0-14 increased by 30.92 million compared to 2010, an increase of 1.35 percentage points. Decisions and policies such as \"individual two-child policies\" and \"universal two-child policies\" have promoted a rebound in the birth population, resulting in a significant increase in the birth rate of second children. The proportion of second children in the birth population rose from about 30% in 2013 to about 50% in 2017.</p><p><b>National Bureau of Statistics: Slowing population growth requires measures to promote long-term balanced population development.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, explained that the impact of population change on the economy and society should be viewed dialectically. my country's basic national conditions of a large population base and large population have not changed, the advantage of a super-large domestic market will exist for a long time, and the population, resources and environment will remain in a tight balance. At the same time, population growth is slowing down, and measures need to be taken to promote long-term balanced population development.</p><p>National Bureau of Statistics: Population growth will continue to slow down, but the total will remain above 1.4 billion for a long time.</p><p><b>National Bureau of Statistics: The average age of my country's population is 38.8 years old</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, introduced that the census results also show that my country's working-age population aged 16-59 is 880 million, and the labor force resources are still abundant. According to this census, the average age of my country's population is 38.8 years old. Overall, they are still young and energetic. The United States recently released its latest census data, showing that the average age is 38 years old, which is similar to the level in my country.</p><p><b>The National Bureau of Statistics responded to the slowdown in population growth: a combination of factors.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that census data shows that my country's population growth rate has slowed down, with an average annual growth rate of 0.53% over the past decade, a decrease of 0.04 percentage points from the previous decade. This trend is the result of a combination of factors, mainly due to the continuous decline in the number of women of childbearing age, especially those in their prime, the delay in people's childbirth, and the increase in the cost of childbirth and childcare. This is an objective result of my country's economic development, especially industrialization and urbanization, reaching a certain stage, and it is also a common problem faced by the world, especially developed countries.</p><p><b>National Bureau of Statistics: Population aging presents both opportunities and challenges as a significant national condition during the growth period.</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that population aging is an important trend in my country's social development and a long-term and important national condition. Addressing population aging presents both challenges and opportunities. In terms of challenges, population aging has reduced the working-age population and increased the burden on social security. However, it should also be recognized that aging has promoted the development of the silver economy, increased consumption of elderly services, and technological advancements. It is worth mentioning that among the elderly population, young people aged 60 to 69 account for more than 50%, indicating great potential to contribute their remaining energy.</p><p><b>Is there a \"data adjustment phase\" in the population census? Bureau of Statistics: No post-event adjustments</b></p><p>Zhang Yi, deputy director of the Office of the Leading Group for the Seventh National Population Census of the State Council and director of the Department of Population and Employment Statistics of the National Bureau of Statistics, said that the population census is a comprehensive survey. The Seventh Population Census registers all census subjects one by one according to unified standards and within a unified time frame. Data is collected electronically and reported in real time online. After the data is reviewed, the relevant population data is directly summarized and calculated without any subsequent adjustments.</p><p><b>Statistics Bureau Responds to Population Decline in Northeast China: Further Strengthen Research on Population Problems in Northeast China</b></p><p>Ning Jizhe, director of the National Bureau of Statistics, said that the population decline in Northeast China is affected by many factors, including the natural environment, geographical environment, fertility level, and economic and social development. Next, we will further strengthen our research on population issues in Northeast China, actively address the challenges brought about by population change, seize the opportunities presented by these changes, and serve the economic and social development of Northeast China.</p><p>According to the National Bureau of Statistics, the total fertility rate of women of childbearing age in my country was 1.3 in 2020, which is at a relatively low fertility level.</p><p><b>In 2020, China's birth population was 12 million.</b></p><p>Ning Jizhe, deputy head of the State Council's Leading Group for the Seventh National Population Census and director of the National Bureau of Statistics, said at a press conference on May 11 that the universal two-child policy has achieved positive results. First, the export population is large, with the birth population increasing significantly in 2016 and 2017, exceeding 18 million and 17 million respectively. The number of births has declined since 2018. Preliminary data shows that my country's birth population in 2020 was 12 million, which is still a considerable number. Second, the proportion of second children is high. Between 2014 and 2017, the proportion of second children among those born increased significantly, from 30% in 2013 to about 50% in 2017. Although it has declined since then, it is still above 40%. Third, the fertility rate has declined. The total fertility rate of women of childbearing age in my country is 1.3, which is already at a low fertility level.<img src=\"https://static.tigerbbs.com/42f8c6889d366f137dfa29760f7e099f\" tg-width=\"750\" tg-height=\"4160\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6e4894dac17cab9d6e66dcf36e795d20","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178159521","content_text":"据央视新闻报道，5月11日上午10时，国新办举行新闻发布会，介绍第七次全国人口普查主要数据结果并答记者问。国家统计局局长宁吉喆在会上通报，全国人口共141178万人，与2010年的133972万人相比，增加了7206万人，增长5.38%；年平均增长率为0.53%，比2000年到2010年的年平均增长率0.57%下降0.04个百分点。数据表明，我国人口10年来继续保持低速增长态势。全国人口中，男性人口为723339956人，占51.24%；女性人口为688438768人，占48.76%。总人口性别比为105.07。国家统计局：人口老龄化程度进一步加深，未来一段时期将持续面临人口长期均衡发展的压力全国人口中，0—14岁人口为253383938人，占17.95%；15—59岁人口为894376020人，占63.35%；60岁及以上人口为264018766人，占18.70%，其中65岁及以上人口为190635280人，占13.50%。与2010年第六次全国人口普查相比，0—14岁人口的比重上升1.35个百分点，15—59岁人口的比重下降6.79个百分点，60岁及以上人口的比重上升5.44个百分点，65岁及以上人口的比重上升4.63个百分点。国家统计局：平均每个家庭户的人口为2.62人全国共有家庭户494157423户，集体户28531842户，家庭户人口为1292809300人，集体户人口为118969424人。平均每个家庭户的人口为2.62人，比2010年第六次全国人口普查的3.10人减少0.48人。东北地区人口10年下降1.2%国家统计局11日公布第七次全国人口普查主要数据结果。数据显示，东部地区人口占39.93％，中部地区占25.83％，西部地区占27.12％，东北地区占6.98％。与2010年相比，东部地区人口所占比重上升2.15个百分点，中部地区下降0.79个百分点，西部地区上升0.22个百分点，东北地区下降1.20个百分点。人口向经济发达区域、城市群进一步集聚。国家统计局：10年来我国新型城镇化进程稳步推进，城镇化建设取得了历史性成就居住在城镇的人口为90199万人，占63.89%；居住在乡村的人口为50979万人，占36.11%。与2010年相比，城镇人口增加23642万人，乡村人口减少16436万人，城镇人口比重上升14.21个百分点。随着我国新型工业化、信息化和农业现代化的深入发展和农业转移人口市民化政策落实落地，10年来我国新型城镇化进程稳步推进，城镇化建设取得了历史性成就。国家统计局：人口向经济发达区域、城市群进一步集聚国家统计局数据显示，31个省份中，人口超过1亿人的省份有2个，在5000万人至1亿人之间的省份有9个，在1000万人至5000万人之间的省份有17个，少于1000万人的省份有3个。其中，人口居前五位的省份合计人口占全国人口比重为35.09%。分区域看，东部地区人口为563717119人，占39.93%；中部地区人口为364694362人，占25.83%；西部地区人口为382852295人，占27.12%；东北地区人口为98514948人，占6.98%。与2010年相比，东部地区人口所占比重上升2.15个百分点，中部地区下降0.79个百分点，西部地区上升0.22个百分点，东北地区下降1.20个百分点。人口向经济发达区域、城市群进一步集聚。国家统计局：第七次全国人口普查人口漏登率为0.05%，普查结果真实可靠国家统计局称，第七次全国人口普查实行严格的质量控制制度，建立健全普查数据追溯和问责机制，确保普查数据可核查、可追溯、可问责。充分利用部门行政记录和企业大数据，对普查数据开展精细化比对核查。各级普查机构严格执行质量控制要求，认真开展质量验收，确保普查各阶段工作质量。为客观全面评价全国人口普查登记质量，领导小组办公室统一组织了事后质量抽查，结果显示，第七次全国人口普查人口漏登率为0.05%，普查结果真实可靠。国家统计局：具有大学文化程度的人口为21836万人具有大学文化程度的人口为21836万人。与2010年相比，每10万人中具有大学文化程度的由8930人上升为15467人，15岁及以上人口的平均受教育年限由9.08年提高至9.91年，文盲率由4.08%下降为2.67%。受教育状况的持续改善反映了10年来我国大力发展高等教育以及扫除青壮年文盲等措施取得了积极成效，人口素质不断提高。中国男性比女性多3490万人男性人口72334万人，占51.24%；女性人口为68844万人，占48.76%。总人口性别比（以女性为100，男性对女性的比例）为105.07，与2010年基本持平，略有降低。出生人口性别比为111.3，较2010年下降6.8。统计局：我国国内市场优势、人口红利依然存在国新办发布会介绍，我国超大规模的国内市场优势将长期存在，人口和资源环境处于紧平衡状态，需要采取措施促进人口均衡发展；劳动力资源依然丰富，人口红利依然存在；人口素质不断提高，人才红利新的优势将逐步显现。统计局：出生人口中“二孩”占比由2013年的30%左右上升到2017年的50%左右国家统计局局长宁吉喆介绍，从年龄构成上看，少儿人口数量增加，比重上升。0-14岁少儿人口的数量比2010年增加了3092万人，比重上升了1.35个百分点。“单独二孩”“全面两孩”等决策部署和政策措施，促进了出生人口出现回升，“二孩”生育率明显提升，出生人口中“二孩”占比由2013年的30%左右上升到2017年的50%左右。统计局：人口增长放缓 需要采取措施促进人口长期均衡发展国家统计局局长宁吉喆介绍，辩证看待人口变化对经济社会的影响。我国人口基数大、人口众多的基本国情没有改变，超大规模国内市场优势将长期存在，人口与资源环境仍将处于紧平衡状态。同时，人口增长放缓，需要采取措施促进人口长期均衡发展。国家统计局：人口增长将持续放缓，但总量将较长期保持在14亿以上。国家统计局：我国人口的平均年龄为38.8岁国家统计局局长宁吉喆介绍，普查的结果还显示，我国16-59岁劳动年龄人口为8.8亿人，劳动力人口资源仍然充沛。我国人口平均年龄通过这次普查了解到是38.8岁。总的看，依然年富力强。美国最近公布了最新的人口普查数据，平均年龄是38岁，和我国的水平差不多。统计局回应人口增速放缓：多种因素综合影响国家统计局局长宁吉喆表示，普查数据显示，我国人口增速放缓，过去十年间年均增长率是0.53%，较前一个十年下降了0.04个百分点，这种趋势的出现是多种因素综合影响的结果，主要原因是育龄妇女特别是生育旺盛期妇女数量的持续下降，人们生育时间的推迟，以及生育养育成本的提高。这是我国经济发展特别是工业化、城镇化发展到一定阶段的客观结果，也是世界尤其是发达国家普遍面临的问题。统计局：人口老龄化成长期重要国情 机遇挑战并存国家统计局局长宁吉喆表示，人口老龄化是我国社会发展的重要趋势，是较长期的重要国情，应对人口老龄化，既有挑战，也有机遇。挑战方面，人口老龄化减少了劳动人口，加重了社会保障负担。但同时也要看到，老龄化促进了银发经济的发展，增加了老年服务的消费和技术进步等。值得一提的是，在老龄人口中，60至69岁低龄老年人占比超过50%，发挥余热的潜力较大。人口普查有没有“数据调整阶段”？ 统计局：无事后调整国务院第七次全国人口普查领导小组办公室副主任、国家统计局人口和就业统计司司长张毅表示，人口普查是全面调查，七人普按照统一标准、在统一的时间范围内对所有普查对象进行逐人逐项登记，采用电子化方式采集数据，并联网实时上报，数据审核完成后，直接汇总计算得出相关人口数据，不进行事后调整。统计局回应东北地区人口减少：进一步加强对东北人口问题的研究国家统计局局长宁吉喆表示，东北地区人口的减少，受到自然环境、地理环境、人口生育水平和经济社会发展等多方面因素的影响。下一步，我们将进一步加强对东北人口问题的研究，积极应对人口变化带来的挑战，抓住变化中存在的机遇，来服务东北的经济社会发展。国家统计局：2020年我国育龄妇女总和生育率为1.3，处于较低生育水平。2020年中国出生人口为1200万人国务院第七次全国人口普查领导小组副组长、国家统计局局长宁吉喆5月11日在发布会上表示，全面两孩政策取得积极成效。第一，出口人口规模大，2016年、2017年出生人口大幅增加，分别超过1800万人、1700万人。2018年以来出生人口数量有所回落。初步汇总数据显示，2020年我国出生人口为1200万人，这个规模依然不小。第二，二孩的占比高，2014年-2017年出生人口中二孩占比明显上升，由2013年的30%上升到2017年的50%左右，此后虽有所下降但还是高于40%。第三，生育率降低，我国育龄妇女总和生育率为1.3，已经处于较低生育水平。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":4671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106956254,"gmtCreate":1620085760078,"gmtModify":1704338319650,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106956254","repostId":"2132152425","repostType":4,"isVote":1,"tweetType":1,"viewCount":3991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345997924,"gmtCreate":1618271298268,"gmtModify":1704708328764,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345997924","repostId":"2126518690","repostType":4,"isVote":1,"tweetType":1,"viewCount":1966,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355864293,"gmtCreate":1617061599312,"gmtModify":1704801383015,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355864293","repostId":"1157897293","repostType":4,"repost":{"id":"1157897293","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1616979068,"share":"https://ttm.financial/m/news/1157897293?lang=en_US&edition=fundamental","pubTime":"2021-03-29 08:51","market":"us","language":"zh","title":"With the Federal Reserve and the market increasingly diverging, how will this affect asset allocation?","url":"https://stock-news.laohu8.com/highlight/detail?id=1157897293","media":"Wind万得","summary":"自去年美联储推出史无前例的宽松政策以刺激经济以来，全球市场开始复苏，美债市场已看向通胀走高。摩根士丹利分析师认为，在这一背景下，美联储仍保持宽松政策支持，与市场预期逐渐背离。\n具体来看，大摩信贷证券化","content":"<p>Since the Federal Reserve launched an unprecedented easing policy to stimulate the economy last year, global markets have begun to recover, and the US Treasury market has begun to look towards higher inflation.<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>Analysts believe that against this backdrop, the Federal Reserve's continued accommodative policy support is gradually deviating from market expectations.</p><p>Specifically, Vishwanath Tirupattur, head of securitization product research and strategy at Morgan Stanley Credit, wrote in a research report: A year ago, in March, global stock markets bottomed out, initial jobless claims soared to a record high, the global economy was paralyzed by the pandemic, and pessimism began to emerge. It was also at this time that large-scale monetary and fiscal policy interventions began, comparable in severity to the disaster. Today, people are increasingly hopeful about the light at the end of the tunnel, anticipating that the economy is returning to normal.</p><p>Compared to the 2021 outlook released by Morgan Stanley strategists in November 2020, the U.S. economy is aligning with the bull market view of Morgan Stanley economists. The economic rebound appears to be stronger than analysts consensus, with vaccine rollouts accelerating in speed and scale in 2021, and the U.S. fiscal response being more aggressive than expected. The $1.9 trillion U.S. bailout package is more than double what Morgan Stanley had previously expected, and another $2 trillion infrastructure package is in the works. In Morgan Stanley's 2021 outlook, economic growth will continue to follow a bull market narrative.</p><p>Over the past six to eight weeks, risk assets have appeared lifeless. The S&P 500 has remained largely unchanged since early February, with U.S. investment-grade credit spreads remaining within a narrow range of around 90 basis points. On the other hand, US Treasury yields have risen steadily. During the same period, the benchmark U.S. 10-year Treasury Bond yield climbed by about 60 basis points. Morgan Stanley strategists believe this is a resonant effect of U.S. fiscal and monetary policies, and we need to consider the tensions behind this policy convergence.</p><p><img src=\"https://static.tigerbbs.com/de7bd1782d8c5dd301040d8cedc9a0f3\" tg-width=\"796\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p><p>Stronger-than-expected economic growth, coupled with a sharp decline in the overall unemployment rate, would have led to a tightening of monetary policy due to expectations of rising inflation. In fact, the bond market expects a 25 basis point rate hike at the beginning of 2023, followed by two more rate hike by the end of 2023. Morgan Stanley argues that trillions of dollars in stimulus packages and accelerated vaccinations mean that front-end interest rates cannot remain at such low levels if inflation does not spiral out of control.</p><p>However, the Federal Open Market Committee’s “dot plot,” Fed Chairman Powell’s comments at the press conference following the interest rate decision last week, and subsequent statements all indicate that Fed officials will remain dovish, which is inconsistent with inflation expectations in the bond market.</p><p><img src=\"https://static.tigerbbs.com/17c1709ea57c7acefb37677287e6f6b8\" tg-width=\"796\" tg-height=\"686\" referrerpolicy=\"no-referrer\"></p><p>Morgan Stanley analysts pointed out, \"Policymakers have not doubled their dovish stance compared to before, but more than tripled it.\" They emphasized that although the median FOMC participants now believe that core inflation will remain at 2% or above until 2023, this is not a reason to consider rate hike, as the Federal Reserve now uses the labor market as the primary basis for policymaking.</p><p>The Federal Reserve has not only raised the threshold for future rate hike, but its chairman has also remained moderate in reducing the scale of asset purchases. Powell had pledged, \"We will continue to buy assets at the current pace until we see substantial further progress in the economy, rather than predicting progress. This is different from our past approach.\"</p><p>The bond market reflects expectations for traditional Federal Reserve policy, in stark contrast to recent clear messages from Fed officials. Will the market move closer to the Federal Reserve, or will the Federal Reserve change its policy stance in response to market reactions? Morgan Stanley global macro strategists Matthew Hornbach and Guneet Dhingra are more confident in the former, suggesting that investors view the recent technical correction in the bond market as noise trading and are paying attention to signals from the Federal Reserve. They advise investors to bet on a steep trend in the yield curves for 30-year and 5-year US Treasury bonds. Morgan Stanley economists continue to predict that the Federal Reserve will rate hike in the third quarter of 2023 and that its balance sheet will begin to shrink in January 2022.</p><p>Clearly, we are in uncharted territory when it comes to Federal Reserve policy. As Morgan Stanley analysts Andrew Pauker and Michael Wilson and their team have warned, this policy response could mean that the current economic cycle may be hotter than the previous three, but for a shorter period. They believe that the dominance of risky assets has shifted from \"early cycle\" to \"mid-cycle,\" and investors should adjust their positions accordingly.</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>With the Federal Reserve and the market increasingly diverging, how will this affect asset allocation?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWith the Federal Reserve and the market increasingly diverging, how will this affect asset allocation?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2021-03-29 08:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Since the Federal Reserve launched an unprecedented easing policy to stimulate the economy last year, global markets have begun to recover, and the US Treasury market has begun to look towards higher inflation.<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>Analysts believe that against this backdrop, the Federal Reserve's continued accommodative policy support is gradually deviating from market expectations.</p><p>Specifically, Vishwanath Tirupattur, head of securitization product research and strategy at Morgan Stanley Credit, wrote in a research report: A year ago, in March, global stock markets bottomed out, initial jobless claims soared to a record high, the global economy was paralyzed by the pandemic, and pessimism began to emerge. It was also at this time that large-scale monetary and fiscal policy interventions began, comparable in severity to the disaster. Today, people are increasingly hopeful about the light at the end of the tunnel, anticipating that the economy is returning to normal.</p><p>Compared to the 2021 outlook released by Morgan Stanley strategists in November 2020, the U.S. economy is aligning with the bull market view of Morgan Stanley economists. The economic rebound appears to be stronger than analysts consensus, with vaccine rollouts accelerating in speed and scale in 2021, and the U.S. fiscal response being more aggressive than expected. The $1.9 trillion U.S. bailout package is more than double what Morgan Stanley had previously expected, and another $2 trillion infrastructure package is in the works. In Morgan Stanley's 2021 outlook, economic growth will continue to follow a bull market narrative.</p><p>Over the past six to eight weeks, risk assets have appeared lifeless. The S&P 500 has remained largely unchanged since early February, with U.S. investment-grade credit spreads remaining within a narrow range of around 90 basis points. On the other hand, US Treasury yields have risen steadily. During the same period, the benchmark U.S. 10-year Treasury Bond yield climbed by about 60 basis points. Morgan Stanley strategists believe this is a resonant effect of U.S. fiscal and monetary policies, and we need to consider the tensions behind this policy convergence.</p><p><img src=\"https://static.tigerbbs.com/de7bd1782d8c5dd301040d8cedc9a0f3\" tg-width=\"796\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p><p>Stronger-than-expected economic growth, coupled with a sharp decline in the overall unemployment rate, would have led to a tightening of monetary policy due to expectations of rising inflation. In fact, the bond market expects a 25 basis point rate hike at the beginning of 2023, followed by two more rate hike by the end of 2023. Morgan Stanley argues that trillions of dollars in stimulus packages and accelerated vaccinations mean that front-end interest rates cannot remain at such low levels if inflation does not spiral out of control.</p><p>However, the Federal Open Market Committee’s “dot plot,” Fed Chairman Powell’s comments at the press conference following the interest rate decision last week, and subsequent statements all indicate that Fed officials will remain dovish, which is inconsistent with inflation expectations in the bond market.</p><p><img src=\"https://static.tigerbbs.com/17c1709ea57c7acefb37677287e6f6b8\" tg-width=\"796\" tg-height=\"686\" referrerpolicy=\"no-referrer\"></p><p>Morgan Stanley analysts pointed out, \"Policymakers have not doubled their dovish stance compared to before, but more than tripled it.\" They emphasized that although the median FOMC participants now believe that core inflation will remain at 2% or above until 2023, this is not a reason to consider rate hike, as the Federal Reserve now uses the labor market as the primary basis for policymaking.</p><p>The Federal Reserve has not only raised the threshold for future rate hike, but its chairman has also remained moderate in reducing the scale of asset purchases. Powell had pledged, \"We will continue to buy assets at the current pace until we see substantial further progress in the economy, rather than predicting progress. This is different from our past approach.\"</p><p>The bond market reflects expectations for traditional Federal Reserve policy, in stark contrast to recent clear messages from Fed officials. Will the market move closer to the Federal Reserve, or will the Federal Reserve change its policy stance in response to market reactions? Morgan Stanley global macro strategists Matthew Hornbach and Guneet Dhingra are more confident in the former, suggesting that investors view the recent technical correction in the bond market as noise trading and are paying attention to signals from the Federal Reserve. They advise investors to bet on a steep trend in the yield curves for 30-year and 5-year US Treasury bonds. Morgan Stanley economists continue to predict that the Federal Reserve will rate hike in the third quarter of 2023 and that its balance sheet will begin to shrink in January 2022.</p><p>Clearly, we are in uncharted territory when it comes to Federal Reserve policy. As Morgan Stanley analysts Andrew Pauker and Michael Wilson and their team have warned, this policy response could mean that the current economic cycle may be hotter than the previous three, but for a shorter period. They believe that the dominance of risky assets has shifted from \"early cycle\" to \"mid-cycle,\" and investors should adjust their positions accordingly.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157897293","content_text":"自去年美联储推出史无前例的宽松政策以刺激经济以来，全球市场开始复苏，美债市场已看向通胀走高。摩根士丹利分析师认为，在这一背景下，美联储仍保持宽松政策支持，与市场预期逐渐背离。\n具体来看，大摩信贷证券化产品研究与策略主管Vishwanath Tirupattur在研报中写道：一年前的3月，全球股市触底，初请失业金人数飙升至历史高位，全球经济因疫情而瘫痪，悲观情绪开始显现。也是在这个时候，大规模的货币和财政政策干预开始了，与灾难的严重性相当。今天，人们对隧道尽头的光明越来越有希望，预期经济正在回归常态。\n与大摩策略师在2020年11月发布的2021年展望相较，美国经济正与大摩经济学家的牛市观点一致。经济反弹似乎比分析师共识更为其为强劲，疫苗推出的速度和规模在2021年提升，同时美国的财政应对措施也较预期更积极。美国1.9万亿美元的救助计划是大摩此前预期的两倍多，另一个2万亿美元的基础设施一揽子计划正在制定中。而在大摩的2021年展望中，经济增长仍将遵循牛市的叙事。\n在过去的六到八周内，风险资产似乎了无生气。自2月初以来，标准普尔500指数基本没有变化，美国投资级信贷息差一直维持在90个基点左右的窄幅区间内。另一方面，美债收益率稳步上升。同期，基准的美国10年期国债收益率攀升了约60个基点。大摩策略师认为，这是美国财政政策和货币政策的共振效果，我们需要思考这种政策融合背后的紧张关系。\n\n经济增长强于预期，再加上整体失业率大幅下降，传统的应对措施会导致货币政策因通胀上升的预期而趋紧。事实上，债券市场的预期是2023年初加息25个基点，到2023年底再加息两次。大摩的论点是，数万亿美元的刺激计划和加速的疫苗接种意味着，如果通货膨胀不失控，前端利率不可能维持在如此低的水平。\n然而，联邦公开市场委员会的“点阵图,”美联储主席鲍威尔上周在利率决议后的新闻发布会上的评论，以及随后的声明都表明，美联储官员仍将保持鸽派立场，这与债市表现出的通胀预期不一致。\n\n大摩分析师指出：“政策制定者在鸽派立场上不是较以往加倍，而是加了三倍不止。他们强调，尽管FOMC中位数参与者现在认为，到2023年核心通胀率将保持在2%或以上，但这并不是考虑加息的理由，因为美联储现在将劳动力市场作为政策制定的主要依据。\n美联储不仅提高了未来加息时间的门槛，美联储主席在缩减资产购买规模上同样保持温和。鲍威尔曾承诺：“我们将继续以当前速度购买资产，直到看到经济出现实质性的进一步进展，而不是预测进展。这与我们过去的做法有所不同。”\n债券市场反映出对传统美联储政策的预期，与美联储官员近期发出的明确信息形成了鲜明对比。市场会向美联储靠拢，还是美联储会为了市场反应改变政策立场？大摩全球宏观策略师马修•霍恩巴赫(Matthew Hornbach)和冈尼特•丁格拉(Guneet Dhingra)更相信前者，暗示投资者将近期债市的技术性调整额视为噪音交易，关注美联储发出的信号。他们建议投资者押注美债30年期和5年期收益率曲线走陡。大摩经济学家继续预计，美联储将在2023年第三季度加息，资产负债表将从2022年1月开始缩减规模。\n显然，就美联储政策而言，我们正处于一片未知的领域中。正如大摩分析师安德鲁•保尔(Andrew Pauker)、迈克尔•威尔逊(Michael Wilson)及其团队所警告的那样，这种政策反应可能意味着，当前的经济周期可能会比前三个周期更热，但时间会更短。他们认为，风险资产的主导地位已经从“周期早期”转向“周期中期”，投资者应该相应地调整头寸。","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1921,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832456323,"gmtCreate":1629676200962,"gmtModify":1676530090448,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/832456323","repostId":"2161479737","repostType":4,"repost":{"id":"2161479737","kind":"news","pubTimestamp":1629651480,"share":"https://ttm.financial/m/news/2161479737?lang=en_US&edition=fundamental","pubTime":"2021-08-23 00:58","market":"us","language":"zh","title":"The Federal Reserve will continue to discuss \"scaling back bond purchases\" at the Jackson Hole meeting.","url":"https://stock-news.laohu8.com/highlight/detail?id=2161479737","media":"新浪财经","summary":"由于新冠疫情的风险，一年一度的杰克逊霍尔全球央行年会将于8月26日至28日在线上举行，这是连续第二年在线上举行。美联储官员将面临压力，要求他们在不引发市场恐慌的情况下，温和地减少政策支持。　　美联储官员在最近的多次讲话和采访中，已经设法加快了人们对他们何时开始缓慢削减每月1200亿美元债券购买计划的预期，预计在本周四开始的年度研讨会上将有更多的讨论。","content":"<p><img src=\"https://static.tigerbbs.com/8a03cdd3de4f9b3834557cba97cc285d\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Due to the risk of the COVID-19 pandemic, the annual Jackson Hole Global Central Bank Meeting will be held online from August 26 to 28, marking the second consecutive year that it has been held online. Federal Reserve officials will face pressure to moderately reduce policy support without triggering market panic.</p><p>In recent speeches and interviews, Federal Reserve officials have managed to accelerate expectations about when they will begin slowly tapering their $120 billion monthly bond-buying program, with more discussion expected at the annual seminar, which begins this Thursday.</p><p>Speeches by Federal Reserve chairmen are typically a highlight of annual events, and several Fed chairmen have delivered important messages at the Jackson Hole Global Central Bank Annual Meeting in Wyoming. The question is whether Powell will provide more details in his speech Friday morning about the Federal Reserve potentially starting to cancel its bond-buying program, or even whether he himself is ready to embrace it.</p><p>\"We do not expect any major policy announcements at this meeting,\"<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Mark Cabana, head of short strategy in the United States, said. He said, \"I don't think Powell wants to chair the meeting before the September meeting because there are countless voices outside right now. I don't think now is the time for Powell to really want to make a splash.\"</p><p><b>The Federal Reserve and the Market</b></p><p>The Federal Reserve's moves will be paramount, and investors will be closely watching how the economy copes with the spread of the coronavirus variant. The stock market has declined over the past week, with the S&P 500 falling 0.6%.</p><p>The Federal Reserve's seminar may experience some volatility, as the minutes of its last official meeting, released last Tuesday, unsettled investors. The meeting minutes stated that most members of the Federal Open Market Committee (fomc) are prepared to scale back bond purchases this year if the economy is strong enough. Cabana said he changed his mind after the data was released and now expects the Federal Reserve to begin tapering its bond purchases in November, instead of January next year.</p><p>As for Powell, \"He will not announce a reduction in bond purchases. We expect him to give a speech talking about a lot of progress since the start of the COVID-19 pandemic, and there really has been a lot of progress,\" Cabana said. He said Powell is likely to reiterate that the Fed's decision to taper its bond purchases will depend on data, and many Fed officials believe the Fed may make sufficient progress toward that goal later this year.</p><p>The meeting minutes triggered market volatility, and investors reacted accordingly to news that the Federal Reserve might take the first step of gradually phasing out its excessive policies used to combat the impact of the pandemic. Reducing the bond-buying program may take months, but once it ends, it could herald the beginning of a rate hike.</p><p>Diane Swonk, chief economist at Grant Thornton, said Powell should provide a roadmap for how the Federal Reserve will taper, but it should be noted that shrinking balance sheet’s course could be changed if the COVID-19 pandemic becomes severe.</p><p>“The asset purchases were initially intended to stabilize financial conditions… Given the rhetoric (Fed officials) have been making since then, the consensus reached now is clearly stronger than at the last meeting in July.” “They want to reduce asset purchases. But right now they’re not putting on the brakes. They’re just lifting their foot off the gas. It’s important for Powell to make this distinction at the Jackson Hole meeting.”</p><p><img referrerpolicy=\"no-referrer\">Massive amounts of information and accurate interpretation are available here.<a href=\"https://laohu8.com/S/SINA\">Sina</a>Financial APP</p><p>Editor: Qi Qiqi</p>","source":"sina","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Federal Reserve will continue to discuss \"scaling back bond purchases\" at the Jackson Hole meeting.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Federal Reserve will continue to discuss \"scaling back bond purchases\" at the Jackson Hole meeting.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-08-23 00:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/8a03cdd3de4f9b3834557cba97cc285d\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Due to the risk of the COVID-19 pandemic, the annual Jackson Hole Global Central Bank Meeting will be held online from August 26 to 28, marking the second consecutive year that it has been held online. Federal Reserve officials will face pressure to moderately reduce policy support without triggering market panic.</p><p>In recent speeches and interviews, Federal Reserve officials have managed to accelerate expectations about when they will begin slowly tapering their $120 billion monthly bond-buying program, with more discussion expected at the annual seminar, which begins this Thursday.</p><p>Speeches by Federal Reserve chairmen are typically a highlight of annual events, and several Fed chairmen have delivered important messages at the Jackson Hole Global Central Bank Annual Meeting in Wyoming. The question is whether Powell will provide more details in his speech Friday morning about the Federal Reserve potentially starting to cancel its bond-buying program, or even whether he himself is ready to embrace it.</p><p>\"We do not expect any major policy announcements at this meeting,\"<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Mark Cabana, head of short strategy in the United States, said. He said, \"I don't think Powell wants to chair the meeting before the September meeting because there are countless voices outside right now. I don't think now is the time for Powell to really want to make a splash.\"</p><p><b>The Federal Reserve and the Market</b></p><p>The Federal Reserve's moves will be paramount, and investors will be closely watching how the economy copes with the spread of the coronavirus variant. The stock market has declined over the past week, with the S&P 500 falling 0.6%.</p><p>The Federal Reserve's seminar may experience some volatility, as the minutes of its last official meeting, released last Tuesday, unsettled investors. The meeting minutes stated that most members of the Federal Open Market Committee (fomc) are prepared to scale back bond purchases this year if the economy is strong enough. Cabana said he changed his mind after the data was released and now expects the Federal Reserve to begin tapering its bond purchases in November, instead of January next year.</p><p>As for Powell, \"He will not announce a reduction in bond purchases. We expect him to give a speech talking about a lot of progress since the start of the COVID-19 pandemic, and there really has been a lot of progress,\" Cabana said. He said Powell is likely to reiterate that the Fed's decision to taper its bond purchases will depend on data, and many Fed officials believe the Fed may make sufficient progress toward that goal later this year.</p><p>The meeting minutes triggered market volatility, and investors reacted accordingly to news that the Federal Reserve might take the first step of gradually phasing out its excessive policies used to combat the impact of the pandemic. Reducing the bond-buying program may take months, but once it ends, it could herald the beginning of a rate hike.</p><p>Diane Swonk, chief economist at Grant Thornton, said Powell should provide a roadmap for how the Federal Reserve will taper, but it should be noted that shrinking balance sheet’s course could be changed if the COVID-19 pandemic becomes severe.</p><p>“The asset purchases were initially intended to stabilize financial conditions… Given the rhetoric (Fed officials) have been making since then, the consensus reached now is clearly stronger than at the last meeting in July.” “They want to reduce asset purchases. But right now they’re not putting on the brakes. They’re just lifting their foot off the gas. It’s important for Powell to make this distinction at the Jackson Hole meeting.”</p><p><img referrerpolicy=\"no-referrer\">Massive amounts of information and accurate interpretation are available here.<a href=\"https://laohu8.com/S/SINA\">Sina</a>Financial APP</p><p>Editor: Qi Qiqi</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-08-23/doc-ikqcfncc4386896.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8a03cdd3de4f9b3834557cba97cc285d","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时",".IXIC":"NASDAQ Composite","SQQQ":"纳指三倍做空ETF","PSQ":"做空纳斯达克100指数ETF-ProShares",".SPX":"S&P 500 Index","SDOW":"三倍做空道指30ETF-ProShares","SPY":"标普500ETF","TQQQ":"纳指三倍做多ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","DOG":"道指ETF-ProShares做空","SDS":"两倍做空标普500 ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","DDM":"2倍做多道指ETF-ProShares","OEX":"标普100","SH":"做空标普500-Proshares","IVV":"标普500ETF-iShares","DJX":"1/100道琼斯","UPRO":"三倍做多标普500ETF-ProShares","UDOW":"三倍做多道指30ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","OEF":"标普100指数ETF-iShares","QQQ":"纳指100ETF",".DJI":"道琼斯"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-08-23/doc-ikqcfncc4386896.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2161479737","content_text":"由于新冠疫情的风险，一年一度的杰克逊霍尔全球央行年会将于8月26日至28日在线上举行，这是连续第二年在线上举行。美联储官员将面临压力，要求他们在不引发市场恐慌的情况下，温和地减少政策支持。\n美联储官员在最近的多次讲话和采访中，已经设法加快了人们对他们何时开始缓慢削减每月1200亿美元债券购买计划的预期，预计在本周四开始的年度研讨会上将有更多的讨论。\n美联储主席的讲话通常是年度活动的亮点，美联储的多位主席都曾在怀俄明州的杰克逊霍尔全球央行年会发送重要信息。问题在于，鲍威尔是否会在周五早间的讲话中提供更多美联储可能开始取消债券购买计划的细节，甚至他本人是否准备好接受这一计划。\n“我们预计此次会议不会公布重大政策，”美国银行美国空头策略主管Mark Cabana表示。他说：“我不认为鲍威尔想在9月份的会议之前主持会议，因为外界现在有无数的声音。我不认为现在是鲍威尔真正想引起轰动的时候。”\n美联储和市场\n美联储的动向将是最重要的，投资者也将密切关注经济如何应对新冠病毒变种的传播。过去一周股市走低，标普500指数下跌0.6%。\n美联储的研讨会可能会出现一些波动，因为上周二公布的上次官方会议纪要令投资者感到不安。会议纪要称，如果经济足够强劲，联邦公开市场委员会（fomc）的大多数成员都准备在今年缩减购债规模。Cabana表示，在该数据发布后，他改变了看法，现在预计美联储将在11月开始缩减购债规模，而不是明年1月。\n至于鲍威尔，“他不会宣布缩减购债规模。我们预计，他将进行演讲，谈论自新冠疫情开始以来取得的很多进展，确实有很多进展。”Cabana说道。他说，鲍威尔可能会重申，美联储缩减购债规模的决定将依赖于数据，而且许多美联储官员相信，美联储在今年晚些时候可能会朝着这一目标取得足够的进展。\n会议纪要引发市场震荡，针对美联储可能将采取第一步措施，逐步取消其用于抗击疫情影响的超量政策的消息，投资者也有了相应的反应。缩减购债计划可能需要数月时间，但一旦结束，可能预示着加息的开始。\n均富（Grant Thornton）首席经济学家Diane Swonk表示，鲍威尔应该为美联储会如何缩减提供一个路线图，但要注意的是，如果新冠疫情变得严重，缩表的路线可以被改变。\n“购买资产最初是为了稳定金融状况……考虑到（美联储官员）自那时以来一直在发表言论，现在达成的共识显然比7月上次会议上更强烈。”“他们希望减少资产购买。但目前他们没有踩刹车。他们只是把脚从油门上抬了起来。对于鲍威尔来说，在杰克逊霍尔会议提出这种不同之处是很重要的。”\n海量资讯、精准解读，尽在新浪财经APP\n责任编辑：戚琦琦","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SDS":0.9,"OEX":0.9,".IXIC":0.9,"QLD":0.9,"TQQQ":0.9,"SPXU":0.9,".SPX":0.9,"QQQ":0.9,"SDOW":0.9,"DJX":0.9,"ESmain":0.9,"PSQ":0.9,"QID":0.9,"UPRO":0.9,"NQmain":0.9,"SPY":0.9,"IVV":0.9,"SH":0.9,"DDM":0.9,"UDOW":0.9,"DOG":0.9,"SSO":0.9,"SQQQ":0.9,"MNQmain":0.9,"DXD":0.9,"OEF":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":4427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832451798,"gmtCreate":1629676129514,"gmtModify":1676530090409,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/832451798","repostId":"2161216747","repostType":4,"repost":{"id":"2161216747","kind":"news","pubTimestamp":1629666180,"share":"https://ttm.financial/m/news/2161216747?lang=en_US&edition=fundamental","pubTime":"2021-08-23 05:03","market":"us","language":"zh","title":"Goldman Sachs: The worst is over and the lost decade of emerging markets is over","url":"https://stock-news.laohu8.com/highlight/detail?id=2161216747","media":"新浪财经","summary":"大宗商品价格上涨和收益增长预期引发了对新兴市场股票的看涨押注。此前10多年，新兴市场股票表现不佳，使其相对于发达国家股票的表现接近20年低点。南非、俄罗斯和巴西等市场将从中受益。　　然后，世界爆发了新冠疫情，尽管股市从2020年3月的低点开始强劲反弹，但新兴市场的股市再次落后。美联储的会议记录还导致大宗商品价格下跌。　　同时，并不是所有人都相信最糟糕的时期已经过去。","content":"<p>Rising commodity prices and expectations of earnings growth have triggered bullish bets on emerging market stocks. Over the previous decade, emerging market stocks had underperformed, bringing their performance relative to developed country stocks close to a 20-year low.</p><p><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Group Goldman Sachs Group Inc.,<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Bank of America Corp (BAC-N) and Lazard Asset Management expect investors to capitalize on undervaluations to help the global economy recover from the pandemic once a vaccine is rolled out, which will boost stocks in developing countries. Markets such as South Africa, Russia and Brazil will benefit from this.</p><p>In the 10 years following the global financial crisis,<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>Capital International's emerging markets index rose just 8%, while the benchmark index in developed countries more than doubled.</p><p>Then, the world was hit by the COVID-19 pandemic, and although stock markets began to rebound strongly from their lows in March 2020, emerging market stock markets lagged behind again. The MSCI Developed Markets Index has returned about 14% since the beginning of 2021, while the Emerging Markets Index has fallen 5%.</p><p>This situation may change in the coming months as the global economic recovery strengthens, inflation increases, and raw material prices continue to rise, driven by infrastructure projects in various countries.</p><p>There are signs that the transformation has begun. Bank of America stated that since March of this year, capital flows to emerging market stocks in Eastern Europe, the Middle East, and Africa have accelerated, exceeding inflows into bond funds and reaching the highest level since 2014.</p><p>Lazard stated that although emerging market GDP growth lagged behind developed countries in 2021, this situation may begin to change in the fourth quarter as economic activity in developed economies begins to slow and commodity prices rise.</p><p>The outstanding performance of the U.S. stock market over the past decade has been largely due to the abundant liquidity provided by the Federal Reserve, much of which has failed to reach emerging markets. When liquidity disappears, stock markets around the world may suffer a temporary shock, but the United States will lose its advantage. This supports the view that emerging market stocks may perform well in a post-stimulus world.</p><p>Stock markets in developing countries fell along with global stock markets after the Federal Reserve hinted that it might begin tapering its stimulus measures later this year, demonstrating their sensitivity to the prospect of tapering bond purchases. The minutes of the Federal Reserve meeting also caused commodity prices to fall.</p><p>At the same time, not everyone believes that the worst is over.<a href=\"https://laohu8.com/S/BLK\">BlackRock</a>The Investment Research Institute downgraded emerging market stocks to neutral earlier this month due to uncertainty about the dollar outlook and tightening policies.</p>","source":"sina","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>Goldman Sachs: The worst is over and the lost decade of emerging markets is over</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs: The worst is over and the lost decade of emerging markets is over\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-08-23 05:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Rising commodity prices and expectations of earnings growth have triggered bullish bets on emerging market stocks. Over the previous decade, emerging market stocks had underperformed, bringing their performance relative to developed country stocks close to a 20-year low.</p><p><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Group Goldman Sachs Group Inc.,<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Bank of America Corp (BAC-N) and Lazard Asset Management expect investors to capitalize on undervaluations to help the global economy recover from the pandemic once a vaccine is rolled out, which will boost stocks in developing countries. Markets such as South Africa, Russia and Brazil will benefit from this.</p><p>In the 10 years following the global financial crisis,<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>Capital International's emerging markets index rose just 8%, while the benchmark index in developed countries more than doubled.</p><p>Then, the world was hit by the COVID-19 pandemic, and although stock markets began to rebound strongly from their lows in March 2020, emerging market stock markets lagged behind again. The MSCI Developed Markets Index has returned about 14% since the beginning of 2021, while the Emerging Markets Index has fallen 5%.</p><p>This situation may change in the coming months as the global economic recovery strengthens, inflation increases, and raw material prices continue to rise, driven by infrastructure projects in various countries.</p><p>There are signs that the transformation has begun. Bank of America stated that since March of this year, capital flows to emerging market stocks in Eastern Europe, the Middle East, and Africa have accelerated, exceeding inflows into bond funds and reaching the highest level since 2014.</p><p>Lazard stated that although emerging market GDP growth lagged behind developed countries in 2021, this situation may begin to change in the fourth quarter as economic activity in developed economies begins to slow and commodity prices rise.</p><p>The outstanding performance of the U.S. stock market over the past decade has been largely due to the abundant liquidity provided by the Federal Reserve, much of which has failed to reach emerging markets. When liquidity disappears, stock markets around the world may suffer a temporary shock, but the United States will lose its advantage. This supports the view that emerging market stocks may perform well in a post-stimulus world.</p><p>Stock markets in developing countries fell along with global stock markets after the Federal Reserve hinted that it might begin tapering its stimulus measures later this year, demonstrating their sensitivity to the prospect of tapering bond purchases. The minutes of the Federal Reserve meeting also caused commodity prices to fall.</p><p>At the same time, not everyone believes that the worst is over.<a href=\"https://laohu8.com/S/BLK\">BlackRock</a>The Investment Research Institute downgraded emerging market stocks to neutral earlier this month due to uncertainty about the dollar outlook and tightening policies.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://finance.sina.com.cn/world/2021-08-23/doc-ikqcfncc4401952.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3a7d208683cff9046f5b2ec49bb73add","relate_stocks":{"GS":"高盛"},"source_url":"https://finance.sina.com.cn/world/2021-08-23/doc-ikqcfncc4401952.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2161216747","content_text":"大宗商品价格上涨和收益增长预期引发了对新兴市场股票的看涨押注。此前10多年，新兴市场股票表现不佳，使其相对于发达国家股票的表现接近20年低点。\n高盛集团（Goldman Sachs Group Inc．）、美国银行（$Bank of America Corp(BAC-N)$．）和拉扎德资产管理公司（Lazard Asset Management）预计，一旦疫苗推出，投资者将利用低估值，帮助全球经济从疫情中复苏，这将提振发展中国家的股票。南非、俄罗斯和巴西等市场将从中受益。\n在全球金融危机爆发后的10年里，摩根士丹利资本国际的新兴市场股指仅上涨了8%，而发达国家的基准股指则上涨了一倍多。\n然后，世界爆发了新冠疫情，尽管股市从2020年3月的低点开始强劲反弹，但新兴市场的股市再次落后。MSCI发达市场股指自2021年初以来的回报率约为14%，而新兴市场股指则下跌了5%。\n而在未来几个月，随着全球经济复苏势头增强、通胀加剧、各国基础设施项目推动的原材料价格持续上涨，这种情况可能会改变。\n有迹象表明，转变已经开始。美银表示，自今年3月以来，随着投资者转向价值型股票，东欧、中东和非洲新兴市场股市的资本流动加速，超过了流入债券基金的资金，为2014年以来的最高水平。\n拉扎德表示，尽管新兴市场的GDP增速在2021年落后于发达国家，但随着发达经济体的经济活动开始放缓以及大宗商品价格上涨，这种情况可能在第四季度就会开始改变。\n在过去的十年里，美国股市的优异表现在很大程度上与美联储提供的大量流动性有关，而这些流动性大多未能到达新兴市场。当流动性消失时，世界各地的股市可能会遭受暂时的冲击，但美国将失去其优势。这支持了新兴市场股市在刺激结束后的世界中可能表现出色的观点。\n在美联储暗示可能从今年晚些时候开始削减刺激措施后，发展中国家的股市与全球股市一道走低，这也证明了它们对缩减购债规模前景的敏感性。美联储的会议记录还导致大宗商品价格下跌。\n同时，并不是所有人都相信最糟糕的时期已经过去。贝莱德投资研究所本月早些时候将新兴市场股票评级下调至中性，原因是美元前景的不确定性和政策收紧。","news_type":1,"symbols_score_info":{"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":4696,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156051862,"gmtCreate":1625187453156,"gmtModify":1703737890407,"author":{"id":"3564398777411265","authorId":"3564398777411265","name":"sgczhao","avatar":"https://static.tigerbbs.com/463ea3f31ed77071863bce732e8e8336","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564398777411265","idStr":"3564398777411265"},"themes":[],"title":"","htmlText":",,??","listText":",,??","text":",,??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156051862","repostId":"1118701671","repostType":4,"repost":{"id":"1118701671","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625183640,"share":"https://ttm.financial/m/news/1118701671?lang=en_US&edition=fundamental","pubTime":"2021-07-02 07:54","market":"hk","language":"zh","title":"Last night and this morning: The S&P 500 hit its 34th all-time high this year!","url":"https://stock-news.laohu8.com/highlight/detail?id=1118701671","media":"老虎资讯综合","summary":"摘要：美股三大指数周四全线收涨，标普500指数续创历史新高；中概股多数下跌，叮咚买菜大跌15％，滴滴市值却一夜飙升700亿；投资者预计价值股下半年将引领美股走势，通胀仍是市场最大风险。\n\n海外市场\n1","content":"<p>Abstract: All three major U.S. stock indexes closed higher on Thursday, with the S&P 500 continuing to hit a new all-time high; Most Chinese concept stocks fell.<a href=\"https://laohu8.com/S/DDL\">ding-dong</a>While grocery prices plummeted 15%, Didi's market value surged by 70 billion yuan overnight. Investors expect value stocks to lead US stocks in the second half of the year, while inflation remains the biggest risk to the market. Overseas markets</p><p>1. US stocks closed higher across the board, with the S&P 500 hitting a new high for the sixth consecutive day and Didi surging nearly 16%.</p><p>All three major U.S. stock indexes closed higher on Thursday, with the S&P 500 hitting a new all-time high for the sixth consecutive day. Investors are closely watching the U.S. non-farm payroll report and the progress of Biden's new infrastructure plan. The fear index VIX fell 2.21% to 15.48 points. At the close, the Dow Jones Industrial Average rose 0.38%; The Nasdaq rose 0.13%; The S&P 500 rose 0.52%.</p><p>Didi's stock price surged 15.98% and was included in the MSCI China All Stock Index.<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It fell 1.71%, with June deliveries reaching a record high of 6,565 units.<a href=\"https://laohu8.com/S/NIO\">Nio</a>It fell 4.32%, with a record high of 8,083 units delivered in June. Dingdong Maicai's stock price fell 14.96%, after surging 62.84% the day before.</p><p>2. Most Chinese concept stocks fell, with Dingdong Maicai plunging 15%, while Didi's market capitalization surged by 70 billion yuan overnight.</p><p>Pupu Culture, which surged 400% on its first day of trading, closed up nearly 98% the following day. Didi surged 15.98% on Thursday, with its market capitalization soaring by $10.8 billion (approximately RMB 70 billion), bringing its total market capitalization to $78.6 billion.</p><p>On the list of decliners, Dingdong Maicai, which surged 63% in the previous trading day, fell nearly 15% on Thursday, and TuSimple Future fell more than 11%.<a href=\"https://laohu8.com/S/JD\">JD.com</a>It fell nearly 3%.</p><p>3. European stocks closed higher across the board, with Eurozone manufacturing activity growing at its fastest pace on record.</p><p>European stocks closed higher across the board on Thursday as investors anticipated an economic recovery in the continent in the second half of 2021. The pan-European Stoxx 600 index closed up 0.62%. Tourism and leisure stocks led the gains, rising 2%. The optimism in European markets differed from the overnight trend in the Asia-Pacific region, where markets fell as a private survey showed that factory activity growth in China slowed in June.</p><p>4. US crude oil surged 2.4%, hitting a new closing high in nearly three years! Break through the $75 mark</p><p>Crude oil futures prices closed sharply higher on Thursday, with U.S. crude oil futures prices breaking through the $75 per barrel mark for the first time since October 2018. Traders are awaiting a decision by OPEC and its allies (collectively known as \"OPEC+\") to further ease production cuts in response to growing demand from the global economy.</p><p>5. Gold prices closed up 0.3%, marking their second consecutive gain! The US dollar exchange rate fell from a three-month high.</p><p>Gold futures closed slightly higher on Thursday, marking their second consecutive gain, as the dollar retreated slightly from a three-month high reached the previous trading day. Gold futures for August delivery on the New York Mercantile Exchange rose $5.20 to settle at $1,776.80 an ounce, a gain of 0.3%, after the contract also closed up 0.5% on Wednesday.</p><p>International macro</p><p>1. Investors expect value stocks to lead the US stock market in the second half of the year, while inflation remains the biggest risk to the market.</p><p>A recent survey shows that Wall Street investors believe that \"affordable and economically sensitive stocks will regain market leadership in the second half of 2021.\" Inflation remains the hottest topic of debate on Wall Street today, as its duration could determine the success or failure of the stock market by mid-2021.</p><p>2. The U.S. House of Representatives approved a $715 billion infrastructure bill; Congress hopes to complete comprehensive infrastructure legislation in September.</p><p>The Democratic-controlled U.S. House of Representatives approved a $715 billion bill for surface transportation and water infrastructure. Democrats believe this is the first step Congress hopes to complete comprehensive infrastructure legislation in September. This bill includes provisions from President Biden's initial $2.3 trillion infrastructure plan, authorizing increased spending on infrastructure such as roads, bridges, highway safety, railways, and transportation.</p><p>3. What will become of the US stock market in July? Analysts make three predictions</p><p>June gave U.S. stocks some breathing room after the end of the first-quarter earnings season. Investors' attention turned to inflation, employment, and the Federal Reserve. But what will happen to the US stock market in July? In response, senior Wall Street analysts made three predictions. The market still needs bad economic news; The airline and hotel industries will face even more difficult challenges; The earnings season will begin with mixed results.</p><p>4. The OPEC+ Committee recommends gradually increasing oil production for the remainder of this year.</p><p>The OPEC+ Ministerial Committee recommended gradually increasing oil production by the end of the year, thereby paving the way for the organization to reach an agreement. Even with oil prices at two-year highs, this move will still allow the organization to firmly control supply.</p><p>5. IMF: The Federal Reserve could have rate hike by the end of 2022 at the latest.</p><p>The International Monetary Fund (IMF) points out that because large-scale government spending has kept inflation above the central bank's long-term average target, the Federal Reserve may need to begin rate hike as early as the end of 2022 or 2023.</p><p>6. The Federal Reserve is trying to avoid an inflation crisis, but controlling inflation expectations is extremely difficult.</p><p>Federal Reserve Chairman Jerome Powell said that controlling inflation expectations is key to achieving the central bank's dual goals of stabilizing prices and maximizing employment. The problem is that as the economy recovers from the COVID-19 pandemic, it remains to be seen whether the Federal Reserve can do so. Consumer expectations may vary greatly depending on age and gender, and they are less sensitive to the words and actions of the Federal Reserve.</p><p>7. Supply chain challenges and material shortages continue to plague US manufacturers, leading to their sharpest price increase in 42 years.</p><p>For a long time, American manufacturers have struggled with supply chain challenges and material shortages. Now, these two persistent problems are also reflected in prices: manufacturers are reporting their biggest price increase in June in 42 years.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2148887829\" target=\"_blank\">Newly listed stock Pupu Culture surged over 129%, triggering a circuit breaker at one point.</a></p><p>On July 1, newly listed stock Pupu Culture surged sharply, soaring nearly 140% before triggering a circuit breaker again. As of 22:11 Beijing time, the stock rose more than 129% to $69.39 after trading resumed. The stock surged 405% on its first day of trading yesterday, triggering a temporary trading suspension seven times during the session.</p><p>2、<a href=\"https://laohu8.com/NW/2148492822\" target=\"_blank\">Didi's stock price surged nearly 16% on its second day of listing, reaching a market capitalization of $78.6 billion.</a></p><p>On its first day of trading on the New York Stock Exchange yesterday, Didi opened at $18, up 28.5% from its IPO price. By the close of trading, Didi's stock price had risen 1% to $14.14. Based on the closing price, Didi's market capitalization is nearly $67.8 billion.</p><p>3、<a href=\"https://laohu8.com/NW/2148582928\" target=\"_blank\">Luckin Coffee, the \"king of counterfeiting,\" has finally released real data: it inflated its revenue by over 60% in 2019.</a></p><p>On July 1, 2020, it broke the record for the fastest listing of a Chinese concept stock.<a href=\"https://laohu8.com/S/LUCKIN\">Luckin Coffee</a>Three months after revealing the financial fraud, the special committee released its investigation results, stating that the fabricated transactions began in April 2019, and that the company's net revenue, costs and expenses for that year were exaggerated by 2.12 billion yuan and 1.34 billion yuan, respectively. A year later,<a href=\"https://laohu8.com/S/LK\">Luckin Coffee</a>The company reissued its 2019 annual report, which, after revision, showed net revenue of RMB 3.025 billion, total operating and cost expenses of RMB 6.237 billion, and an operating loss of RMB 3.212 billion.</p><p>4、<a href=\"https://laohu8.com/NW/2148824998\" target=\"_blank\">Porsche North America CEO: Will accelerate its electric vehicle deployment plan but will still invest in gasoline vehicles.</a></p><p>Porsche North America CEO Kjell Gruner said in an interview on Thursday that Porsche is planning to build on the success of its all-electric models and set new sales records. Gruner stated that Porsche's second-quarter earnings increased by 55% compared to the same period last year.</p><p>5、<a href=\"https://laohu8.com/NW/2148821961\" target=\"_blank\">General Motors' U.S. sales rose 39.7% year-over-year in the second quarter, slightly below expectations due to chip shortages.</a></p><p>General Motors' second-quarter U.S. sales fell slightly short of analysts' expectations as a persistent shortage of semiconductor chips impacted auto production and dealer inventory. The Detroit-based automaker reported sales of 688,236 vehicles in the second quarter on Thursday, a 39.7% increase from the same period last year, when the coronavirus pandemic forced the company to take measures and temporarily close car dealerships. Analysts expect GM's sales to grow by about 40% to 43%.</p><p>6、<b>Didi ADRs will be included in the eligible S&P 500 index on July 12.</b></p><p>In an emailed statement, the S&P Dow Jones Industrial Average said that Didi ADRs will be added to eligible indices before the market opens on Monday, July 12.</p><p>7. Virgin Galactic will send its founder into space on July 11; the stock price surged 22% in after-hours trading.</p><p><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>The company announced on Thursday that it will attempt a spaceflight test on July 11, with founder Sir Richard Branson aboard.<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Founder Jeff Bezos plans to travel to space on July 20 through his company Blue Origin. Virgin Galactic shares rose more than 22% in after-hours trading.</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>Last night and this morning: The S&P 500 hit its 34th all-time high this year!</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast night and this morning: The S&P 500 hit its 34th all-time high this year!\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-07-02 07:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Abstract: All three major U.S. stock indexes closed higher on Thursday, with the S&P 500 continuing to hit a new all-time high; Most Chinese concept stocks fell.<a href=\"https://laohu8.com/S/DDL\">ding-dong</a>While grocery prices plummeted 15%, Didi's market value surged by 70 billion yuan overnight. Investors expect value stocks to lead US stocks in the second half of the year, while inflation remains the biggest risk to the market. Overseas markets</p><p>1. US stocks closed higher across the board, with the S&P 500 hitting a new high for the sixth consecutive day and Didi surging nearly 16%.</p><p>All three major U.S. stock indexes closed higher on Thursday, with the S&P 500 hitting a new all-time high for the sixth consecutive day. Investors are closely watching the U.S. non-farm payroll report and the progress of Biden's new infrastructure plan. The fear index VIX fell 2.21% to 15.48 points. At the close, the Dow Jones Industrial Average rose 0.38%; The Nasdaq rose 0.13%; The S&P 500 rose 0.52%.</p><p>Didi's stock price surged 15.98% and was included in the MSCI China All Stock Index.<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>It fell 1.71%, with June deliveries reaching a record high of 6,565 units.<a href=\"https://laohu8.com/S/NIO\">Nio</a>It fell 4.32%, with a record high of 8,083 units delivered in June. Dingdong Maicai's stock price fell 14.96%, after surging 62.84% the day before.</p><p>2. Most Chinese concept stocks fell, with Dingdong Maicai plunging 15%, while Didi's market capitalization surged by 70 billion yuan overnight.</p><p>Pupu Culture, which surged 400% on its first day of trading, closed up nearly 98% the following day. Didi surged 15.98% on Thursday, with its market capitalization soaring by $10.8 billion (approximately RMB 70 billion), bringing its total market capitalization to $78.6 billion.</p><p>On the list of decliners, Dingdong Maicai, which surged 63% in the previous trading day, fell nearly 15% on Thursday, and TuSimple Future fell more than 11%.<a href=\"https://laohu8.com/S/JD\">JD.com</a>It fell nearly 3%.</p><p>3. European stocks closed higher across the board, with Eurozone manufacturing activity growing at its fastest pace on record.</p><p>European stocks closed higher across the board on Thursday as investors anticipated an economic recovery in the continent in the second half of 2021. The pan-European Stoxx 600 index closed up 0.62%. Tourism and leisure stocks led the gains, rising 2%. The optimism in European markets differed from the overnight trend in the Asia-Pacific region, where markets fell as a private survey showed that factory activity growth in China slowed in June.</p><p>4. US crude oil surged 2.4%, hitting a new closing high in nearly three years! Break through the $75 mark</p><p>Crude oil futures prices closed sharply higher on Thursday, with U.S. crude oil futures prices breaking through the $75 per barrel mark for the first time since October 2018. Traders are awaiting a decision by OPEC and its allies (collectively known as \"OPEC+\") to further ease production cuts in response to growing demand from the global economy.</p><p>5. Gold prices closed up 0.3%, marking their second consecutive gain! The US dollar exchange rate fell from a three-month high.</p><p>Gold futures closed slightly higher on Thursday, marking their second consecutive gain, as the dollar retreated slightly from a three-month high reached the previous trading day. Gold futures for August delivery on the New York Mercantile Exchange rose $5.20 to settle at $1,776.80 an ounce, a gain of 0.3%, after the contract also closed up 0.5% on Wednesday.</p><p>International macro</p><p>1. Investors expect value stocks to lead the US stock market in the second half of the year, while inflation remains the biggest risk to the market.</p><p>A recent survey shows that Wall Street investors believe that \"affordable and economically sensitive stocks will regain market leadership in the second half of 2021.\" Inflation remains the hottest topic of debate on Wall Street today, as its duration could determine the success or failure of the stock market by mid-2021.</p><p>2. The U.S. House of Representatives approved a $715 billion infrastructure bill; Congress hopes to complete comprehensive infrastructure legislation in September.</p><p>The Democratic-controlled U.S. House of Representatives approved a $715 billion bill for surface transportation and water infrastructure. Democrats believe this is the first step Congress hopes to complete comprehensive infrastructure legislation in September. This bill includes provisions from President Biden's initial $2.3 trillion infrastructure plan, authorizing increased spending on infrastructure such as roads, bridges, highway safety, railways, and transportation.</p><p>3. What will become of the US stock market in July? Analysts make three predictions</p><p>June gave U.S. stocks some breathing room after the end of the first-quarter earnings season. Investors' attention turned to inflation, employment, and the Federal Reserve. But what will happen to the US stock market in July? In response, senior Wall Street analysts made three predictions. The market still needs bad economic news; The airline and hotel industries will face even more difficult challenges; The earnings season will begin with mixed results.</p><p>4. The OPEC+ Committee recommends gradually increasing oil production for the remainder of this year.</p><p>The OPEC+ Ministerial Committee recommended gradually increasing oil production by the end of the year, thereby paving the way for the organization to reach an agreement. Even with oil prices at two-year highs, this move will still allow the organization to firmly control supply.</p><p>5. IMF: The Federal Reserve could have rate hike by the end of 2022 at the latest.</p><p>The International Monetary Fund (IMF) points out that because large-scale government spending has kept inflation above the central bank's long-term average target, the Federal Reserve may need to begin rate hike as early as the end of 2022 or 2023.</p><p>6. The Federal Reserve is trying to avoid an inflation crisis, but controlling inflation expectations is extremely difficult.</p><p>Federal Reserve Chairman Jerome Powell said that controlling inflation expectations is key to achieving the central bank's dual goals of stabilizing prices and maximizing employment. The problem is that as the economy recovers from the COVID-19 pandemic, it remains to be seen whether the Federal Reserve can do so. Consumer expectations may vary greatly depending on age and gender, and they are less sensitive to the words and actions of the Federal Reserve.</p><p>7. Supply chain challenges and material shortages continue to plague US manufacturers, leading to their sharpest price increase in 42 years.</p><p>For a long time, American manufacturers have struggled with supply chain challenges and material shortages. Now, these two persistent problems are also reflected in prices: manufacturers are reporting their biggest price increase in June in 42 years.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2148887829\" target=\"_blank\">Newly listed stock Pupu Culture surged over 129%, triggering a circuit breaker at one point.</a></p><p>On July 1, newly listed stock Pupu Culture surged sharply, soaring nearly 140% before triggering a circuit breaker again. As of 22:11 Beijing time, the stock rose more than 129% to $69.39 after trading resumed. The stock surged 405% on its first day of trading yesterday, triggering a temporary trading suspension seven times during the session.</p><p>2、<a href=\"https://laohu8.com/NW/2148492822\" target=\"_blank\">Didi's stock price surged nearly 16% on its second day of listing, reaching a market capitalization of $78.6 billion.</a></p><p>On its first day of trading on the New York Stock Exchange yesterday, Didi opened at $18, up 28.5% from its IPO price. By the close of trading, Didi's stock price had risen 1% to $14.14. Based on the closing price, Didi's market capitalization is nearly $67.8 billion.</p><p>3、<a href=\"https://laohu8.com/NW/2148582928\" target=\"_blank\">Luckin Coffee, the \"king of counterfeiting,\" has finally released real data: it inflated its revenue by over 60% in 2019.</a></p><p>On July 1, 2020, it broke the record for the fastest listing of a Chinese concept stock.<a href=\"https://laohu8.com/S/LUCKIN\">Luckin Coffee</a>Three months after revealing the financial fraud, the special committee released its investigation results, stating that the fabricated transactions began in April 2019, and that the company's net revenue, costs and expenses for that year were exaggerated by 2.12 billion yuan and 1.34 billion yuan, respectively. A year later,<a href=\"https://laohu8.com/S/LK\">Luckin Coffee</a>The company reissued its 2019 annual report, which, after revision, showed net revenue of RMB 3.025 billion, total operating and cost expenses of RMB 6.237 billion, and an operating loss of RMB 3.212 billion.</p><p>4、<a href=\"https://laohu8.com/NW/2148824998\" target=\"_blank\">Porsche North America CEO: Will accelerate its electric vehicle deployment plan but will still invest in gasoline vehicles.</a></p><p>Porsche North America CEO Kjell Gruner said in an interview on Thursday that Porsche is planning to build on the success of its all-electric models and set new sales records. Gruner stated that Porsche's second-quarter earnings increased by 55% compared to the same period last year.</p><p>5、<a href=\"https://laohu8.com/NW/2148821961\" target=\"_blank\">General Motors' U.S. sales rose 39.7% year-over-year in the second quarter, slightly below expectations due to chip shortages.</a></p><p>General Motors' second-quarter U.S. sales fell slightly short of analysts' expectations as a persistent shortage of semiconductor chips impacted auto production and dealer inventory. The Detroit-based automaker reported sales of 688,236 vehicles in the second quarter on Thursday, a 39.7% increase from the same period last year, when the coronavirus pandemic forced the company to take measures and temporarily close car dealerships. Analysts expect GM's sales to grow by about 40% to 43%.</p><p>6、<b>Didi ADRs will be included in the eligible S&P 500 index on July 12.</b></p><p>In an emailed statement, the S&P Dow Jones Industrial Average said that Didi ADRs will be added to eligible indices before the market opens on Monday, July 12.</p><p>7. Virgin Galactic will send its founder into space on July 11; the stock price surged 22% in after-hours trading.</p><p><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>The company announced on Thursday that it will attempt a spaceflight test on July 11, with founder Sir Richard Branson aboard.<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Founder Jeff Bezos plans to travel to space on July 20 through his company Blue Origin. Virgin Galactic shares rose more than 22% in after-hours trading.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118701671","content_text":"摘要：美股三大指数周四全线收涨，标普500指数续创历史新高；中概股多数下跌，叮咚买菜大跌15％，滴滴市值却一夜飙升700亿；投资者预计价值股下半年将引领美股走势，通胀仍是市场最大风险。\n\n海外市场\n1、美股全线收涨，标普连续六日创新高 滴滴暴涨近16％\n美股三大指数周四全线收涨，标普500指数续创历史新高，这也是该基准股指连续第六日创新高，投资者正密切关注美国非农报告，以及拜登新基建计划的进展。恐慌指数VIX跌2.21%，报15.48点。截至收盘，道指涨幅为0.38%；纳指涨幅为0.13%；标普500指数涨幅为0.52%。\n滴滴股价大涨15.98％，获纳入MSCI中国全股票指数。小鹏汽车跌1.71％，6月交付量6565台创新高。蔚来跌4.32％，6月交付8083台创新高。叮咚买菜股价跌14.96%，此前一日暴涨62.84%。\n2、中概股多数下跌，叮咚买菜大跌15％，滴滴市值却一夜飙升700亿\n上市首日大涨400%的普普文化次日收涨近98%，滴滴周四大涨15.98%，市值飙升108亿美元（约合人民币700亿元），目前总市值达786亿美元。\n跌幅榜上，上个交易日大涨63%的叮咚买菜周四跌近15%，图森未来跌超11%，京东跌近3%。\n3、欧洲股市全线收高 欧元区制造业活动以有记录以来最快速度增长\n投资者预期欧洲大陆2021年下半年将迎来经济复苏，欧洲股市周四全线收高。泛欧斯托克600指数收盘上涨幅0.62%。其中旅游和休闲类股领涨，涨幅2%。欧洲市场的乐观情绪与亚太地区隔夜的趋势不同，该地区市场回落，因为一项民间调查显示，中国6月份工厂活动增长放缓。\n4、美油大涨2.4％，创下近3年收盘新高！突破75美元关口\n原油期货价格周四收盘大幅上涨，其中美国原油期货价格自2018年10月以来首次突破每桶75美元关口。交易员们正在等待欧佩克及其盟友（统称为“OPEC+”）做出进一步放松限产的决定，以应对全球经济增长势头不断增长的需求。\n5、金价收高0.3％，录得二连涨！因美元汇率从3个月高位回落\n黄金期货周四收盘小幅走高，录得二连涨，原因是美元汇率从此前一个交易日触及的三个月高位小幅回落。纽约商品交易所8月份交割的黄金期货价格上涨5.20美元，报收于每盎司1776.80美元，涨幅为0.3%，此前该合约在周三的交易中也收盘上涨0.5%。\n国际宏观\n1、投资者预计价值股下半年将引领美股走势，通胀仍是市场最大风险\n最新调查显示，华尔街投资者认为“平价且对经济敏感的股票将在2021年下半年重新占据市场领先地位”。通胀仍是当下华尔街最热门的辩论话题，因为它的持续时间可能在2021年中途决定股市的成败。\n2、美国众议院批准7150亿美元基建法案 国会希望在9月份完成全面基础设施立法\n民主党控制的美国众议院批准了一项7150亿美元的地面交通和水利基础设施法案。民主党人认为，这是国会希望在9月份完成全面基础设施立法的第一步。这项法案包括拜登总统最初提出的2.3万亿美元基础设施计划中的条款，授权在道路、桥梁、公路安全、铁路、交通等基础设施方面增加开支。\n3、7月美国股市将何去何从？分析师做出三大预测\n在第一季度财报季结束后，六月给了美国股市一些喘息的时间。投资者的注意力转向通胀、就业和美联储。但是7月的美国股市将何去何从？ 对此，华尔街资深分析师做出了三大预测。市场仍需要坏的经济消息；航空公司和酒店行业将面临更艰难的困境；将以喜忧参半的方式开启财报季。\n4、OPEC＋委员会建议在今年余下时间逐步提高石油产量\nOPEC+部长级委员会建议在年底前逐步增加石油产量，从而为该组织达成协议铺平道路。即使油价处于两年高位，此举仍能让该组织牢牢控制供应。\n5、IMF：最晚可能在2022年年底美联储就得加息\n国际货币基金组织（IMF）指出，因为大规模的政府支出导致通胀保持在央行设定的长期平均目标水平上方，美联储最早可能需要在2022年底，或者2023年年就得开始加息。\n6、美联储力图避免通胀危机 但要掌控通胀预期难乎其难\n美联储主席杰罗姆·鲍威尔表示，控制通胀预期是实现央行物价稳定和就业最大化双重目标的关键所在。问题在于，随着经济从新冠疫情中实现复苏，美联储能否做到这一点远未可知。按照年龄和性别不同，消费者预期可能会有很大差异，对美联储的言行也不那么敏感。\n7、供应链难题和材料短缺纠缠不休 美国制造商迎来42年最猛价格上涨\n很长一段时间以来，美国的制造商们一直疲于应对供应链难题和材料短缺。现在，这两个纠缠不休的难题也体现在价格上：制造商纷纷报告称，6月份价格出现了42年来最大幅度的上涨。\n公司新闻\n1、次新股普普文化涨超129% 一度触及熔断\n7月1日次新股普普文化直线拉升，飙涨近140%后再次触及熔断。截至北京时间22：11，该股恢复交易后涨超129%，报69.39美元。该股昨日上市首日大涨405%，盘中七度触发临时停牌。\n2、滴滴上市次日：股价大涨近16% 市值达786亿美元\n滴滴昨日登陆纽交所首日，开盘价为18美元，较发行价上涨28.5%，截止收盘，滴滴股价上涨1%，报14.14美元，按照收盘价计算，滴滴市值近678亿美元。\n3、“造假王”瑞幸终于给出了真数据：2019年虚增超六成收入\n2020年7月1日，刷新中概股最快上市记录的瑞幸咖啡在自曝财务造假三个月后，公布了特别委员会的调查结果，称捏造交易始于2019年4月，而公司当年的净营收、成本和支出也因此被夸大了21.2亿元、13.4亿元。时隔一年，瑞幸咖啡补发了2019年年报，经修正后，公司当年的净收入为30.25亿元，总运营及成本费用62.37亿元，经营亏损32.12亿元。\n4、保时捷北美CEO：将加快其电动汽车部署计划 但仍将投资汽油汽车\n保时捷北美地区首席执行官Kjell Gruner周四在接受采访时表示，保时捷正计划在全电动车型的成功基础上再创销售纪录。Gruner表示，保时捷第二季度收益较去年同期增长了55%。\n5、通用汽车第二季度美国销量同比增长39.7% 受芯片短缺影响略低于预期\n通用汽车第二季度美国销量略低于分析师预期，因半导体芯片持续短缺影响了汽车生产和经销商库存。这家美国底特律汽车制造商周四公布，第二季度的销量为688，236辆，比去年同期增长39.7%，当时新冠病毒大流行导致公司不得不采取措施，并暂时关闭了汽车经销商。分析师预计通用汽车的销量将增长约40%至43%。\n6、滴滴ADR将于7月12日加入符合条件的标普指数\n标普道琼斯指数在电子邮件声明中称，滴滴ADR将从7月12日周一开盘前加入符合条件的指数。\n7、维珍银河7月11日将把创始人送上太空，盘后大涨22%\n维珍银河周四宣布，该公司将尝试于7月11日进行一次太空飞行测试，创始人Sir Richard Branson将搭乘这次太空飞行。亚马逊创始人贝佐斯计划于7月20日通过自己的公司蓝色起源进行太空旅行。美股盘后，维珍银河涨超22%。","news_type":1,"symbols_score_info":{"ESmain":0.9}},"isVote":1,"tweetType":1,"viewCount":4689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}