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2023-05-19

Crash ?

FOMC Remains "Strongly Committed" To Bringing Inflation To 2%, Jerome Powell Says

2023-05-18

Sign of market crash ? Inflation control is still far from 2%? Or soft landing ?

U.S. Weekly Jobless Claims Fall More Than Expected

2023-05-01

Bad impact of UBS to take over credit Sussie being instructed by the government. Pity on FRB shareholders

First Republic Bank Stock Drops over 50% in Premarket Trading

2023-04-24

I couldn't believe the author has such big confidence for the rally, retail investors should be more careful as the logic behind. Even the rally is around the corner anytime soon, there will be another crash soon after therally. The fundamental issues are not resolved like bank crash issues, de-dollarisation, inflation( I do not believe that the inflation is under control as commented), and the fact is that the recession is on the way

Sorry, the original content has been removed

2022-11-10

What a chaos world.

How Binance, FTX Deal Rocked the Crypto World and Then Collapsed

2022-11-02

$S&P 500(.SPX)$

2022-10-25

$S&P 500(.SPX)$

2022-10-20

Shame

Sorry, the original content has been removed

2021-05-17

Have to wait for the crypto market to stabilise, the recent tumble are all due to ELON MUSK’s tweets

Blockchain Stocks tumbled in premarket trading

2021-01-29

TD Ameritrade sti can freely trade

“拔网线”霸凌散户，华尔街惊现史上最丑陋的一天

Go to Tiger App to see more news

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?","listText":"Crash ?","text":"Crash ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970243255","repostId":"1170947548","repostType":2,"repost":{"id":"1170947548","pubTimestamp":1684511364,"share":"https://ttm.financial/m/news/1170947548?lang=&edition=fundamental","pubTime":"2023-05-19 23:49","market":"us","language":"en","title":"FOMC Remains \"Strongly Committed\" To Bringing Inflation To 2%, Jerome Powell Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1170947548","media":"Seeking Alpha","summary":"Failure to get inflation down to the Federal Reserve's 2% target would \"prolong the pain\" and the ha","content":"<html><head></head><body><p style=\"text-align: left;\">Failure to get inflation down to the Federal Reserve&#39;s 2% target would &#34;prolong the pain&#34; and the hardship that Americans experience when prices aren&#39;t stable, Federal Reserve Chair Jerome Powell said Friday at the Thomas Laubach Research Conference in a discussion with former Fed Chair Ben Bernanke.</p><p style=\"text-align: left;\">He repeated that the Federal Open Market Committee is &#34;strongly committed&#34; to returning inflation to that target.</p><p>Session concludes at 11:47 AM ET.</p><p style=\"text-align: left;\"><strong>11:46 AM ET:</strong> Powell sees the potential for the labor market to achieve a better balance by lowering labor vacancies rather than through workers losing jobs.</p><p><strong>11:44 AM ET: </strong>The Fed policymakers haven&#39;t yet made any decisions on further firming, Powell said. They can afford to look at the incoming data to make that decision.</p><p><strong>11:37 AM ET: </strong>Markets appear to be pricing in a different rate path than the FOMC has communicated, Powell said. So far, data seems to support the committee&#39;s view that it will take time to lower inflation to its target, he added.</p><p style=\"text-align: left;\"><strong>11:36 AM ET:</strong> Powell said the FOMC has come a &#34;long way&#34; in its policy tightening and reiterated that the FOMC will make its rate decisions meeting-by-meeeting.</p><p><strong>11:32 AM ET: </strong>Powell emphasized the Fed&#39;s responsibility to provide transparency to the public, building on the increased communication started by Alan Greenspan, then Ben Bernanke, then Janet Yellen.</p><p style=\"text-align: left;\">However, &#34;communication comes with the potential for miscommunication and reduced flexiblity,&#34; he said.</p><p style=\"text-align: left;\">It proved a &#34;useful and effective tool&#34; in the Fed&#39;s current tightening cycle.</p><p style=\"text-align: left;\"><strong>11:19 AM ET:</strong> Supply shocks could persist, as we can&#39;t know how persistent they&#39;ll be, he said.</p><p style=\"text-align: left;\"><strong>11:16 AM ET: </strong>Liquidity tools are separate from the Fed&#39;s monetary policy instrument. The Fed&#39;s use of liquidity tools after the March bank failures helped to ease the stress without affecting the Fed&#39;s monetary policy path, he said.</p><p style=\"text-align: left;\">The central banking may not need to increase rates as high because credit conditions have tightened, Powell said.</p><p style=\"text-align: left;\"><strong>11:13 AM ET:</strong> Banks and the banking system are &#34;strong and resilient,&#34; Powell said, echoing his previous remarks on financial stability since the banking stresses seen in March.</p><p style=\"text-align: left;\">Developing... check back for updates.</p><p style=\"text-align: left;\">On Thursday, Dallas Fed President Lorie Logan said the current data doesn&#39;t yet support a pause at the Fed&#39;s June meeting. Traders now price in a 39% probability of a 25-basis point rate hike at the June 13-14 meeting, up from 15.5% a week ago, according to the CME FedWatch tool.</p><p style=\"text-align: left;\">Earlier this week, New York Fed President John Williams said inflation is moving in the right direction, but it&#39;s still too high.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FOMC Remains \"Strongly Committed\" To Bringing Inflation To 2%, Jerome Powell Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFOMC Remains \"Strongly Committed\" To Bringing Inflation To 2%, Jerome Powell Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-19 23:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3973500-fomc-remains-strongly-committed-to-bringing-inflation-to-2-jerome-powell-says><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Failure to get inflation down to the Federal Reserve's 2% target would \"prolong the pain\" and the hardship that Americans experience when prices aren't stable, Federal Reserve Chair Jerome Powell said...</p>\n\n<a href=\"https://seekingalpha.com/news/3973500-fomc-remains-strongly-committed-to-bringing-inflation-to-2-jerome-powell-says\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/news/3973500-fomc-remains-strongly-committed-to-bringing-inflation-to-2-jerome-powell-says","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1170947548","content_text":"Failure to get inflation down to the Federal Reserve's 2% target would \"prolong the pain\" and the hardship that Americans experience when prices aren't stable, Federal Reserve Chair Jerome Powell said Friday at the Thomas Laubach Research Conference in a discussion with former Fed Chair Ben Bernanke.He repeated that the Federal Open Market Committee is \"strongly committed\" to returning inflation to that target.Session concludes at 11:47 AM ET.11:46 AM ET: Powell sees the potential for the labor market to achieve a better balance by lowering labor vacancies rather than through workers losing jobs.11:44 AM ET: The Fed policymakers haven't yet made any decisions on further firming, Powell said. They can afford to look at the incoming data to make that decision.11:37 AM ET: Markets appear to be pricing in a different rate path than the FOMC has communicated, Powell said. So far, data seems to support the committee's view that it will take time to lower inflation to its target, he added.11:36 AM ET: Powell said the FOMC has come a \"long way\" in its policy tightening and reiterated that the FOMC will make its rate decisions meeting-by-meeeting.11:32 AM ET: Powell emphasized the Fed's responsibility to provide transparency to the public, building on the increased communication started by Alan Greenspan, then Ben Bernanke, then Janet Yellen.However, \"communication comes with the potential for miscommunication and reduced flexiblity,\" he said.It proved a \"useful and effective tool\" in the Fed's current tightening cycle.11:19 AM ET: Supply shocks could persist, as we can't know how persistent they'll be, he said.11:16 AM ET: Liquidity tools are separate from the Fed's monetary policy instrument. The Fed's use of liquidity tools after the March bank failures helped to ease the stress without affecting the Fed's monetary policy path, he said.The central banking may not need to increase rates as high because credit conditions have tightened, Powell said.11:13 AM ET: Banks and the banking system are \"strong and resilient,\" Powell said, echoing his previous remarks on financial stability since the banking stresses seen in March.Developing... check back for updates.On Thursday, Dallas Fed President Lorie Logan said the current data doesn't yet support a pause at the Fed's June meeting. Traders now price in a 39% probability of a 25-basis point rate hike at the June 13-14 meeting, up from 15.5% a week ago, according to the CME FedWatch tool.Earlier this week, New York Fed President John Williams said inflation is moving in the right direction, but it's still too high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970653256,"gmtCreate":1684413263476,"gmtModify":1684413267473,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"Sign of market crash ? Inflation control is still far from 2%? Or soft landing ?","listText":"Sign of market crash ? Inflation control is still far from 2%? Or soft landing ?","text":"Sign of market crash ? Inflation control is still far from 2%? Or soft landing ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970653256","repostId":"1197788776","repostType":2,"repost":{"id":"1197788776","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1684413138,"share":"https://ttm.financial/m/news/1197788776?lang=&edition=fundamental","pubTime":"2023-05-18 20:32","market":"us","language":"en","title":"U.S. Weekly Jobless Claims Fall More Than Expected","url":"https://stock-news.laohu8.com/highlight/detail?id=1197788776","media":"Reuters","summary":"WASHINGTON, May 18 (Reuters) - The number of Americans filing new claims for jobless benefits fell m","content":"<html><head></head><body><p style=\"text-align: start;\">WASHINGTON, May 18 (Reuters) - The number of Americans filing new claims for jobless benefits fell more than expected last week, with filings in Massachusetts decreasing sharply, suggesting the labor market remains tight.</p><p style=\"text-align: start;\">Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 242,000 for the week ended May 13, the Labor Department said on Thursday. Claims jumped to 264,000 in the prior week, driven by a surge in filings for unemployment insurance in Massachusetts.</p><p>The state&#39;s Department of Unemployment Assistance said it was &#34;experiencing an increase in fraudulent claim activities where people attempt to gain access to active UI accounts or file new UI claims using stolen personal information so they can fraudulently obtain unemployment benefits.&#34;</p><p style=\"text-align: start;\">Economists polled by Reuters had forecast 254,000 for the latest week. Unadjusted claims for Massachusetts fell 14,042 last week.</p><p style=\"text-align: start;\">The labor market is being closely watched for signs of stress from the Federal Reserve&#39;s fastest interest rate-hiking campaign since the 1980s to tame inflation.</p><p>Though it has shown some signs of cooling, the labor market has remained tight, with 1.6 job openings for every unemployed person in March, well above the 1.0-1.2 range that is consistent with a jobs market that is not generating too much inflation.</p><p style=\"text-align: start;\">The claims report covered the period during which the government surveyed business establishments for the nonfarm payrolls portion of May&#39;s employment report.</p><p style=\"text-align: start;\">Claims were little changed between the April and May survey weeks. The economy created 253,000 jobs in April, with the unemployment rate falling back to a 53-year low of 3.4%.</p><p style=\"text-align: start;\">The number of people receiving benefits after an initial week of aid, a proxy for hiring, fell 8,000 to 1.799 million during the week ending May 6, the claims report showed. The so-called continuing claims remain low by historical standards, but it could be taking longer for some unemployed to find new work.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Weekly Jobless Claims Fall More Than Expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Weekly Jobless Claims Fall More Than Expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-18 20:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">WASHINGTON, May 18 (Reuters) - The number of Americans filing new claims for jobless benefits fell more than expected last week, with filings in Massachusetts decreasing sharply, suggesting the labor market remains tight.</p><p style=\"text-align: start;\">Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 242,000 for the week ended May 13, the Labor Department said on Thursday. Claims jumped to 264,000 in the prior week, driven by a surge in filings for unemployment insurance in Massachusetts.</p><p>The state&#39;s Department of Unemployment Assistance said it was &#34;experiencing an increase in fraudulent claim activities where people attempt to gain access to active UI accounts or file new UI claims using stolen personal information so they can fraudulently obtain unemployment benefits.&#34;</p><p style=\"text-align: start;\">Economists polled by Reuters had forecast 254,000 for the latest week. Unadjusted claims for Massachusetts fell 14,042 last week.</p><p style=\"text-align: start;\">The labor market is being closely watched for signs of stress from the Federal Reserve&#39;s fastest interest rate-hiking campaign since the 1980s to tame inflation.</p><p>Though it has shown some signs of cooling, the labor market has remained tight, with 1.6 job openings for every unemployed person in March, well above the 1.0-1.2 range that is consistent with a jobs market that is not generating too much inflation.</p><p style=\"text-align: start;\">The claims report covered the period during which the government surveyed business establishments for the nonfarm payrolls portion of May&#39;s employment report.</p><p style=\"text-align: start;\">Claims were little changed between the April and May survey weeks. The economy created 253,000 jobs in April, with the unemployment rate falling back to a 53-year low of 3.4%.</p><p style=\"text-align: start;\">The number of people receiving benefits after an initial week of aid, a proxy for hiring, fell 8,000 to 1.799 million during the week ending May 6, the claims report showed. The so-called continuing claims remain low by historical standards, but it could be taking longer for some unemployed to find new work.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197788776","content_text":"WASHINGTON, May 18 (Reuters) - The number of Americans filing new claims for jobless benefits fell more than expected last week, with filings in Massachusetts decreasing sharply, suggesting the labor market remains tight.Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 242,000 for the week ended May 13, the Labor Department said on Thursday. Claims jumped to 264,000 in the prior week, driven by a surge in filings for unemployment insurance in Massachusetts.The state's Department of Unemployment Assistance said it was \"experiencing an increase in fraudulent claim activities where people attempt to gain access to active UI accounts or file new UI claims using stolen personal information so they can fraudulently obtain unemployment benefits.\"Economists polled by Reuters had forecast 254,000 for the latest week. Unadjusted claims for Massachusetts fell 14,042 last week.The labor market is being closely watched for signs of stress from the Federal Reserve's fastest interest rate-hiking campaign since the 1980s to tame inflation.Though it has shown some signs of cooling, the labor market has remained tight, with 1.6 job openings for every unemployed person in March, well above the 1.0-1.2 range that is consistent with a jobs market that is not generating too much inflation.The claims report covered the period during which the government surveyed business establishments for the nonfarm payrolls portion of May's employment report.Claims were little changed between the April and May survey weeks. The economy created 253,000 jobs in April, with the unemployment rate falling back to a 53-year low of 3.4%.The number of people receiving benefits after an initial week of aid, a proxy for hiring, fell 8,000 to 1.799 million during the week ending May 6, the claims report showed. The so-called continuing claims remain low by historical standards, but it could be taking longer for some unemployed to find new work.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947864814,"gmtCreate":1682938590638,"gmtModify":1682938595857,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"Bad impact of UBS to take over credit Sussie being instructed by the government. Pity on FRB shareholders&nbsp;","listText":"Bad impact of UBS to take over credit Sussie being instructed by the government. Pity on FRB shareholders&nbsp;","text":"Bad impact of UBS to take over credit Sussie being instructed by the government. Pity on FRB shareholders","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947864814","repostId":"1148557774","repostType":4,"repost":{"id":"1148557774","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1682928041,"share":"https://ttm.financial/m/news/1148557774?lang=&edition=fundamental","pubTime":"2023-05-01 16:00","market":"us","language":"en","title":"First Republic Bank Stock Drops over 50% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1148557774","media":"Tiger Newspress","summary":"U.S. regulator seizes First Republic Bank, to sell assets to JP Morgan","content":"<html><head></head><body><p>United States regulators said on Monday <a href=\"https://laohu8.com/S/FRC\">First Republic Bank </a> has been seized and a deal agreed to sell the bank to <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase &amp; Co </a>, in what is the third major U.S. institution to fail in two months.</p><p>Shares of <a href=\"https://laohu8.com/S/FRC\">First Republic Bank </a> dropped over 50% in premarket trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f98a7d2ee50b6933949d79edc8719f85\" title=\"\" tg-width=\"818\" tg-height=\"630\"/></p><p style=\"text-align: start;\">The Wall Street major bank will take most of First Republic&#39;s assets and all the deposits, including uninsured ones, the regulators said in a statement.</p><p style=\"text-align: start;\">JPMorgan was one of several interested buyers including <a href=\"https://laohu8.com/S/PNC\">PNC Financial Services Group </a>, and <a href=\"https://laohu8.com/S/CFG\">Citizens Financial Group Inc </a>, which submitted final bids on Sunday in an auction being run by U.S. regulators, sources familiar with the matter said over the weekend.</p><p>The California Department of Financial Protection and Innovation announced early on Monday it had taken possession of First Republic and the Federal Deposit Insurance Corporation (FDIC) would act as its receiver.</p><p style=\"text-align: start;\">The FDIC estimated in a statement that the cost to the Deposit Insurance Fund would be about $13 billion. The final cost will be determined when the FDIC terminates the receivership.</p><p style=\"text-align: start;\">The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.</p><p>First Republic had total assets of $229.1 billion as of April 13 and $103.9 billion worth of deposits, the FDIC statement said.</p><p style=\"text-align: start;\">&#34;Our government invited us and others to step up, and we did,&#34; said Jamie Dimon, Chairman and CEO of JPMorgan Chase. “Our financial strength, capabilities and business model allowed us to develop a bid to execute the transaction in a way to minimize costs to the Deposit Insurance Fund.”</p><p style=\"text-align: start;\">The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.</p><p style=\"text-align: start;\">The failed bank&#39;s 84 offices in eight states will reopen as branches of JPMorgan Chase Bank from Monday, according to the statement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Republic Bank Stock Drops over 50% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Republic Bank Stock Drops over 50% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-01 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>United States regulators said on Monday <a href=\"https://laohu8.com/S/FRC\">First Republic Bank </a> has been seized and a deal agreed to sell the bank to <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase &amp; Co </a>, in what is the third major U.S. institution to fail in two months.</p><p>Shares of <a href=\"https://laohu8.com/S/FRC\">First Republic Bank </a> dropped over 50% in premarket trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f98a7d2ee50b6933949d79edc8719f85\" title=\"\" tg-width=\"818\" tg-height=\"630\"/></p><p style=\"text-align: start;\">The Wall Street major bank will take most of First Republic&#39;s assets and all the deposits, including uninsured ones, the regulators said in a statement.</p><p style=\"text-align: start;\">JPMorgan was one of several interested buyers including <a href=\"https://laohu8.com/S/PNC\">PNC Financial Services Group </a>, and <a href=\"https://laohu8.com/S/CFG\">Citizens Financial Group Inc </a>, which submitted final bids on Sunday in an auction being run by U.S. regulators, sources familiar with the matter said over the weekend.</p><p>The California Department of Financial Protection and Innovation announced early on Monday it had taken possession of First Republic and the Federal Deposit Insurance Corporation (FDIC) would act as its receiver.</p><p style=\"text-align: start;\">The FDIC estimated in a statement that the cost to the Deposit Insurance Fund would be about $13 billion. The final cost will be determined when the FDIC terminates the receivership.</p><p style=\"text-align: start;\">The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.</p><p>First Republic had total assets of $229.1 billion as of April 13 and $103.9 billion worth of deposits, the FDIC statement said.</p><p style=\"text-align: start;\">&#34;Our government invited us and others to step up, and we did,&#34; said Jamie Dimon, Chairman and CEO of JPMorgan Chase. “Our financial strength, capabilities and business model allowed us to develop a bid to execute the transaction in a way to minimize costs to the Deposit Insurance Fund.”</p><p style=\"text-align: start;\">The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.</p><p style=\"text-align: start;\">The failed bank&#39;s 84 offices in eight states will reopen as branches of JPMorgan Chase Bank from Monday, according to the statement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","FRCB":"第一共和银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148557774","content_text":"United States regulators said on Monday First Republic Bank  has been seized and a deal agreed to sell the bank to JPMorgan Chase & Co , in what is the third major U.S. institution to fail in two months.Shares of First Republic Bank  dropped over 50% in premarket trading.The Wall Street major bank will take most of First Republic's assets and all the deposits, including uninsured ones, the regulators said in a statement.JPMorgan was one of several interested buyers including PNC Financial Services Group , and Citizens Financial Group Inc , which submitted final bids on Sunday in an auction being run by U.S. regulators, sources familiar with the matter said over the weekend.The California Department of Financial Protection and Innovation announced early on Monday it had taken possession of First Republic and the Federal Deposit Insurance Corporation (FDIC) would act as its receiver.The FDIC estimated in a statement that the cost to the Deposit Insurance Fund would be about $13 billion. The final cost will be determined when the FDIC terminates the receivership.The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.First Republic had total assets of $229.1 billion as of April 13 and $103.9 billion worth of deposits, the FDIC statement said.\"Our government invited us and others to step up, and we did,\" said Jamie Dimon, Chairman and CEO of JPMorgan Chase. “Our financial strength, capabilities and business model allowed us to develop a bid to execute the transaction in a way to minimize costs to the Deposit Insurance Fund.”The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.The failed bank's 84 offices in eight states will reopen as branches of JPMorgan Chase Bank from Monday, according to the statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947038297,"gmtCreate":1682332521520,"gmtModify":1682332526233,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"I couldn't believe the author has such big confidence for the rally,&nbsp;retail investors&nbsp;should be more careful as the logic behind. Even the rally is around the corner anytime soon, there will be another crash soon after therally. The fundamental issues are not resolved like&nbsp;bank crash&nbsp;issues, de-dollarisation, inflation( I do not believe that the inflation is under control as commented), and the fact is that the recession is on the way&nbsp;","listText":"I couldn't believe the author has such big confidence for the rally,&nbsp;retail investors&nbsp;should be more careful as the logic behind. Even the rally is around the corner anytime soon, there will be another crash soon after therally. The fundamental issues are not resolved like&nbsp;bank crash&nbsp;issues, de-dollarisation, inflation( I do not believe that the inflation is under control as commented), and the fact is that the recession is on the way&nbsp;","text":"I couldn't believe the author has such big confidence for the rally, retail investors should be more careful as the logic behind. Even the rally is around the corner anytime soon, there will be another crash soon after therally. The fundamental issues are not resolved like bank crash issues, de-dollarisation, inflation( I do not believe that the inflation is under control as commented), and the fact is that the recession is on the way","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":17,"commentSize":10,"repostSize":1,"link":"https://ttm.financial/post/9947038297","repostId":"2329368890","repostType":4,"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4091449914273180","authorId":"4091449914273180","name":"CapybaraNDU","avatar":"https://static.itradeup.com/news/45f43895513a14a93d9fef520100f642","crmLevel":5,"crmLevelSwitch":1,"idStr":"4091449914273180","authorIdStr":"4091449914273180"},"content":"Would not take advice from a new investor like you =) spend more time in the field before commenting","text":"Would not take advice from a new investor like you =) spend more time in the field before commenting","html":"Would not take advice from a new investor like you =) spend more time in the field before commenting"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960394386,"gmtCreate":1668059776745,"gmtModify":1676538006407,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"What a chaos world.&nbsp;","listText":"What a chaos world.&nbsp;","text":"What a chaos world.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960394386","repostId":"1113225170","repostType":4,"repost":{"id":"1113225170","pubTimestamp":1668039943,"share":"https://ttm.financial/m/news/1113225170?lang=&edition=fundamental","pubTime":"2022-11-10 08:25","market":"us","language":"en","title":"How Binance, FTX Deal Rocked the Crypto World and Then Collapsed","url":"https://stock-news.laohu8.com/highlight/detail?id=1113225170","media":"Bloomberg","summary":"The crypto market rout deepens after a proposed rescue deal falls apart.Sam Bankman-Fried, left, and","content":"<html><head></head><body><p>The crypto market rout deepens after a proposed rescue deal falls apart.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6731c8ede9b2eaa8076b2ac9001ae530\" tg-width=\"1000\" tg-height=\"672\" width=\"100%\" height=\"auto\"/><span>Sam Bankman-Fried, left, and Zhao “CZ” Changpeng</span></p><p>It’s been a tumultuous few days in the largely unregulated cryptocurrency world, with mudslinging on Twitter, a shock exchange takeover bid — which then collapsed — and plunging token values.</p><p>On Tuesday, the world’s biggest exchange, Binance Holdings Ltd., was set to acquire troubled rival FTX.com. On Wednesday, Binance walked away from the deal citing problems with FTX’s finances as well as potential regulatory investigations. Its decision to walk away deepened the ongoing crypto rout, with Bitcoin tumbling to the lowest level in two years.</p><p>While crypto might seem like a niche corner of finance, the saga between two of its top players has upended the crypto ecosystem and is likely to have far-reaching repercussions.</p><p><b>What are Binance and FTX?</b></p><p>They’re two of the biggest crypto exchanges, which are marketplaces where investors buy, sell and store tokens. Binance is the biggest crypto exchange by volume by a long way — and FTX is in the top five, according to crypto data provider CoinMarketCap (which is owned by Binance).</p><p><b>Who runs them?</b></p><p>They’ve also been led by two of the most visible and charismatic people in the crypto world: Binance by Changpeng Zhao (or CZ, as he is known), and FTX by Sam Bankman-Fried (or SBF).</p><p>Formerly a trader at Jane Street, until just a few weeks ago the curly-haired 30-year-old was everywhere in the crypto industry — backing flailing projects including BlockFi, Voyager Digital and Celsius. He counted the likes of Softbank Vision Fund, Singapore wealth fund Temasek and Ontario Teachers’ Pension Plan as investors.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/535bbd30b95ab09c2c91bada9c2bb89c\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Sam Bankman-FriedPhotographer: Jeenah Moon/Bloomberg</span></p><p>Zhao is a China-born Canadian citizen who emigrated to Vancouver aged 12 and graduated with a degree in computer science from McGill University in Montreal. He started Binance in 2017 in Shanghai — but the Chinese government banned crypto exchanges the same year. He’s now based in Dubai.</p><p><b>Why did they fall out?</b></p><p>Back in 2019, Binance invested in FTX, then a derivatives exchange. The next year, Binance launched its own crypto derivatives, quickly becoming the leader in the field.</p><p>Tensions rose as the two companies increasingly took divergent tacks with regulators. Bankman-Fried was testifying in the US Congress, while Binance was said to be facing regulatory probes around the world.</p><p>The two companies have also been competing for assets, with both bidding for assets of Voyager Digital. FTX.US, the American affiliate of FTX, won the auction.</p><p>Zhao and Bankman-Fried have been trading barbs on Twitter for months, feuding over issues ranging from lobbying US politicians to allegations of frontrunning trades.</p><p><b>So what just happened in the crypto world?</b></p><p>Over the weekend Zhao tweeted that Binance would be liquidating its holdings of a token known as FTT, which is issued by FTX.</p><p>The tweet followed a story from crypto news outlet CoinDesk saying that Alameda Research, a trading house owned by FTX’s founder Bankman-Fried, had a lot of its assets in FTT token.</p><p>That fueled broader concerns about FTX’s health and investors began to withdraw money. The FTT token plunged. A day before reaching a deal, Bankman-Fried said on Twitter that assets on FTX were “fine” and that “a competitor is trying to go after us with false rumors.”</p><p>On Tuesday, CZ announced a potential takeover of FTX, with due diligence to be conducted “in the coming days.”</p><p>Then late Wednesday afternoon New York time, Binance said it was pulling out of the deal saying its rival’s issues were “beyond our control or ability to help.” Binance executives had discovered a gap between FTX’s liabilities and assets that may amount to more than $6 billion,  a person familiar with the matter told Bloomberg.</p><p>What’s more, US regulators are investigating whether FTX properly handled customer funds, as well as its relationship with other parts of Bankman-Fried’s crypto empire, including his trading house Alameda Research, Bloomberg News reported Wednesday.</p><p><b>What does this mean for the markets?</b></p><p>It’s injected a lot of uncertainty for investors who are worried about the potential for spreading contagion given the pivotal role FTX and its co-founder Sam Bankman-Fried played in the industry.</p><p>FTT, the utility token of the FTX exchange, collapsed by more than 40% Wednesday following a tumble of more than 70% Tuesday. But just about every digital coin is struggling.</p><p>Bitcoin fell as much as 15% to $15,987 on Wednesday, the least since November 2020, which leaves a lot of holders under water.</p><p><b>What does this mean for FTX users?</b></p><p>That’s unclear. Clients worried about the future of the exchange have already pulled out $430 million worth of Bitcoin in the space of just four days.</p><p><b>How does this affect CZ and SBF?</b></p><p>It’s a huge comedown for SBF, who had previously been seen as one of the most accomplished people in the industry.</p><p>That’s playing out in fortunes, as well. Bankman-Fried’s 53% stake in FTX was worth about $6.2 billion before Tuesday’s takeover, according to the Bloomberg Billionaires Index, based on that fundraising round and the subsequent performance of publicly traded crypto companies. His crypto trading house, Alameda Research, contributed $7.4 billion to his personal fortune.</p><p>The Bloomberg wealth index assumes existing FTX investors, including Bankman-Fried, will be completely wiped out by Binance’s bailout, and that the root of the exchange’s problems stemmed from Alameda. As a result, both FTX and Alameda are given a $1 value. That leaves SBF’s net worth at about $1 billion, down from $15.6 billion heading into Tuesday. The 94% loss is the biggest one-day collapse ever among billionaires tracked by Bloomberg.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e920d4e192c178a362237327be8e62c5\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Changpeng ZhaoPhotographer: Zed Jameson/Bloomberg</span></p><p>Even after pulling out of the deal, Bankman-Fried’s fall from grace leaves CZ as the top person in the crypto world. He’s had a rough period too, with his fortune down 84% year-to-date, according to the Billionaires Index — but he’s still estimated to be worth $14.9 billion.</p><p>What does this mean in terms of regulation?</p><p>This episode and how quickly it unfolded provide a stark example for regulators who have been concerned about the lack of guardrails in the freewheeling crypto space. Jurisdictions that have been considering looser rules may be less likely to do so — especially on the back a few months ago of implosions in the Terra/Luna ecosystem and hedge fund Three Arrows Capital.</p><p><b>What’s Next?</b></p><p>Bankman-Fried told FTX.com investors on Wednesday that the company needs a cash injection, or else it would need to file for bankruptcy, Bloomberg News reported.</p><p>Whether FTX survives this crisis or not, the entire industry is on edge about the risks of contagion.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Binance, FTX Deal Rocked the Crypto World and Then Collapsed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Binance, FTX Deal Rocked the Crypto World and Then Collapsed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-10 08:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-09/bankman-fried-and-cz-how-binance-ftx-shocked-the-crypto-world><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto market rout deepens after a proposed rescue deal falls apart.Sam Bankman-Fried, left, and Zhao “CZ” ChangpengIt’s been a tumultuous few days in the largely unregulated cryptocurrency world,...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-09/bankman-fried-and-cz-how-binance-ftx-shocked-the-crypto-world\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-09/bankman-fried-and-cz-how-binance-ftx-shocked-the-crypto-world","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113225170","content_text":"The crypto market rout deepens after a proposed rescue deal falls apart.Sam Bankman-Fried, left, and Zhao “CZ” ChangpengIt’s been a tumultuous few days in the largely unregulated cryptocurrency world, with mudslinging on Twitter, a shock exchange takeover bid — which then collapsed — and plunging token values.On Tuesday, the world’s biggest exchange, Binance Holdings Ltd., was set to acquire troubled rival FTX.com. On Wednesday, Binance walked away from the deal citing problems with FTX’s finances as well as potential regulatory investigations. Its decision to walk away deepened the ongoing crypto rout, with Bitcoin tumbling to the lowest level in two years.While crypto might seem like a niche corner of finance, the saga between two of its top players has upended the crypto ecosystem and is likely to have far-reaching repercussions.What are Binance and FTX?They’re two of the biggest crypto exchanges, which are marketplaces where investors buy, sell and store tokens. Binance is the biggest crypto exchange by volume by a long way — and FTX is in the top five, according to crypto data provider CoinMarketCap (which is owned by Binance).Who runs them?They’ve also been led by two of the most visible and charismatic people in the crypto world: Binance by Changpeng Zhao (or CZ, as he is known), and FTX by Sam Bankman-Fried (or SBF).Formerly a trader at Jane Street, until just a few weeks ago the curly-haired 30-year-old was everywhere in the crypto industry — backing flailing projects including BlockFi, Voyager Digital and Celsius. He counted the likes of Softbank Vision Fund, Singapore wealth fund Temasek and Ontario Teachers’ Pension Plan as investors.Sam Bankman-FriedPhotographer: Jeenah Moon/BloombergZhao is a China-born Canadian citizen who emigrated to Vancouver aged 12 and graduated with a degree in computer science from McGill University in Montreal. He started Binance in 2017 in Shanghai — but the Chinese government banned crypto exchanges the same year. He’s now based in Dubai.Why did they fall out?Back in 2019, Binance invested in FTX, then a derivatives exchange. The next year, Binance launched its own crypto derivatives, quickly becoming the leader in the field.Tensions rose as the two companies increasingly took divergent tacks with regulators. Bankman-Fried was testifying in the US Congress, while Binance was said to be facing regulatory probes around the world.The two companies have also been competing for assets, with both bidding for assets of Voyager Digital. FTX.US, the American affiliate of FTX, won the auction.Zhao and Bankman-Fried have been trading barbs on Twitter for months, feuding over issues ranging from lobbying US politicians to allegations of frontrunning trades.So what just happened in the crypto world?Over the weekend Zhao tweeted that Binance would be liquidating its holdings of a token known as FTT, which is issued by FTX.The tweet followed a story from crypto news outlet CoinDesk saying that Alameda Research, a trading house owned by FTX’s founder Bankman-Fried, had a lot of its assets in FTT token.That fueled broader concerns about FTX’s health and investors began to withdraw money. The FTT token plunged. A day before reaching a deal, Bankman-Fried said on Twitter that assets on FTX were “fine” and that “a competitor is trying to go after us with false rumors.”On Tuesday, CZ announced a potential takeover of FTX, with due diligence to be conducted “in the coming days.”Then late Wednesday afternoon New York time, Binance said it was pulling out of the deal saying its rival’s issues were “beyond our control or ability to help.” Binance executives had discovered a gap between FTX’s liabilities and assets that may amount to more than $6 billion,  a person familiar with the matter told Bloomberg.What’s more, US regulators are investigating whether FTX properly handled customer funds, as well as its relationship with other parts of Bankman-Fried’s crypto empire, including his trading house Alameda Research, Bloomberg News reported Wednesday.What does this mean for the markets?It’s injected a lot of uncertainty for investors who are worried about the potential for spreading contagion given the pivotal role FTX and its co-founder Sam Bankman-Fried played in the industry.FTT, the utility token of the FTX exchange, collapsed by more than 40% Wednesday following a tumble of more than 70% Tuesday. But just about every digital coin is struggling.Bitcoin fell as much as 15% to $15,987 on Wednesday, the least since November 2020, which leaves a lot of holders under water.What does this mean for FTX users?That’s unclear. Clients worried about the future of the exchange have already pulled out $430 million worth of Bitcoin in the space of just four days.How does this affect CZ and SBF?It’s a huge comedown for SBF, who had previously been seen as one of the most accomplished people in the industry.That’s playing out in fortunes, as well. Bankman-Fried’s 53% stake in FTX was worth about $6.2 billion before Tuesday’s takeover, according to the Bloomberg Billionaires Index, based on that fundraising round and the subsequent performance of publicly traded crypto companies. His crypto trading house, Alameda Research, contributed $7.4 billion to his personal fortune.The Bloomberg wealth index assumes existing FTX investors, including Bankman-Fried, will be completely wiped out by Binance’s bailout, and that the root of the exchange’s problems stemmed from Alameda. As a result, both FTX and Alameda are given a $1 value. That leaves SBF’s net worth at about $1 billion, down from $15.6 billion heading into Tuesday. The 94% loss is the biggest one-day collapse ever among billionaires tracked by Bloomberg.Changpeng ZhaoPhotographer: Zed Jameson/BloombergEven after pulling out of the deal, Bankman-Fried’s fall from grace leaves CZ as the top person in the crypto world. He’s had a rough period too, with his fortune down 84% year-to-date, according to the Billionaires Index — but he’s still estimated to be worth $14.9 billion.What does this mean in terms of regulation?This episode and how quickly it unfolded provide a stark example for regulators who have been concerned about the lack of guardrails in the freewheeling crypto space. Jurisdictions that have been considering looser rules may be less likely to do so — especially on the back a few months ago of implosions in the Terra/Luna ecosystem and hedge fund Three Arrows Capital.What’s Next?Bankman-Fried told FTX.com investors on Wednesday that the company needs a cash injection, or else it would need to file for bankruptcy, Bloomberg News reported.Whether FTX survives this crisis or not, the entire industry is on edge about the risks of contagion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985370856,"gmtCreate":1667333302376,"gmtModify":1676537898378,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>","text":"$S&P 500(.SPX)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985370856","isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988129813,"gmtCreate":1666699675132,"gmtModify":1676537791933,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>","text":"$S&P 500(.SPX)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988129813","isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983595067,"gmtCreate":1666270188559,"gmtModify":1676537733154,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"Shame&nbsp;","listText":"Shame&nbsp;","text":"Shame","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983595067","repostId":"1198288029","repostType":4,"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195937550,"gmtCreate":1621248096570,"gmtModify":1704354574826,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"Have to wait for the crypto&nbsp;market to stabilise, the recent tumble are all due to ELON MUSK’s tweets&nbsp;","listText":"Have to wait for the crypto&nbsp;market to stabilise, the recent tumble are all due to ELON MUSK’s tweets&nbsp;","text":"Have to wait for the crypto market to stabilise, the recent tumble are all due to ELON MUSK’s tweets","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195937550","repostId":"1131806074","repostType":4,"repost":{"id":"1131806074","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621238745,"share":"https://ttm.financial/m/news/1131806074?lang=&edition=fundamental","pubTime":"2021-05-17 16:05","market":"us","language":"en","title":"Blockchain Stocks tumbled in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1131806074","media":"Tiger Newspress","summary":"Blockchain Stocks tumbled in  Monday premarket trading.Marathon Digital and Riot Blockchain slipped ","content":"<p>Blockchain Stocks tumbled in &nbsp;Monday&nbsp;premarket trading.Marathon Digital&nbsp;and&nbsp;Riot Blockchain&nbsp;slipped&nbsp;more&nbsp;than&nbsp;10%.</p><p><img src=\"https://static.tigerbbs.com/541bd9f5a8f3da6d222b931205d49f67\" tg-width=\"369\" tg-height=\"486\" 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>Blockchain Stocks tumbled in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlockchain Stocks tumbled in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-17 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Blockchain Stocks tumbled in &nbsp;Monday&nbsp;premarket trading.Marathon Digital&nbsp;and&nbsp;Riot Blockchain&nbsp;slipped&nbsp;more&nbsp;than&nbsp;10%.</p><p><img src=\"https://static.tigerbbs.com/541bd9f5a8f3da6d222b931205d49f67\" tg-width=\"369\" tg-height=\"486\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAN":"嘉楠科技","COIN":"Coinbase Global, Inc.","XNET":"迅雷","MARA":"Marathon Digital Holdings Inc","RIOT":"Riot Platforms","SOS":"SOS Limited","NCTY":"第九城市","EBON":"亿邦国际"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131806074","content_text":"Blockchain Stocks tumbled in  Monday premarket trading.Marathon Digital and Riot Blockchain slipped more than 10%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":316030010,"gmtCreate":1611899925830,"gmtModify":1704865431936,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"TD Ameritrade sti can freely trade&nbsp;","listText":"TD Ameritrade sti can freely trade&nbsp;","text":"TD Ameritrade sti can freely trade","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/316030010","repostId":"2107429437","repostType":4,"repost":{"id":"2107429437","pubTimestamp":1611885824,"share":"https://ttm.financial/m/news/2107429437?lang=&edition=fundamental","pubTime":"2021-01-29 10:03","market":"us","language":"zh","title":"“拔网线”霸凌散户，华尔街惊现史上最丑陋的一天","url":"https://stock-news.laohu8.com/highlight/detail?id=2107429437","media":"海通国际","summary":"今天是华尔街丑陋的一天。Gamestop引发的散户暴动肯定会收场，但是我干算万算，万万想不到会以今天的方式收场：以 Robinhood为首的所有电子交易平台，在上年10点几乎同时限制散户买入GME，A","content":"<p>今天是华尔街丑陋的一天。</p><p>Gamestop引发的散户暴动肯定会收场，但是我干算万算，万万想不到会以今天的方式收场：以 Robinhood为首的所有电子交易平台，在上年10点几乎同时限制散户买入GME，AMC等股票。一瞬间，GME股价从近$500开始断崖式下跌至$110，先看下图。</p><p><img src=\"https://static.tigerbbs.com/68ba09b996878b13a7be28686db3dd26\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><b>丑陋点一：</b>散户被剥夺了（买入）交易的权利，只能卖出已有的仓位，但华尔街机构却依然可以做空、平仓、买入、卖出等等，没有任何限制。这就好比两个拳击选手上台比赛，当一方快要输的时候，裁判突然冲了出来，把即将取胜一方的双手捆上，理由是“拳击是危险运动，为了你好，我把你的双手捆上”。</p><p><b>丑陋点二：</b>限制散户进行买入交易的 Robinhood，和华尔街对冲基金们有着千丝万缕的联系。首先， Robinhood后面的投资人D（管理$200亿，向 Robinhood投资了$2亿），本月也是巨亏20%。华尔街日报并没有说巨亏的原因，只是说D的巨亏是由于最近市场混乱造成的。但最近除了几个股票被散户拱到天上以外，市场还有什么混乱吗？其次， Robinhood和其它电子券商，会把散户的交易单发给C，換取现金。也就是说，C是源源不断给Robinhood和其它电子券商提供现金的金主。在这次逼空事件中，C又是站在后面支持M的金主。我不知道向Robinhood关闭散户买入交易有没有得到两位金主C和D的暗示，我没法做判断，我只是把一些事实摆出来。</p><p><b>丑陋点三：</b>华尔街的空头们，在散户限制交易买入交易之前，最后还不忘割散户非菜一把（这是我认为最丑陋的一点）。我们看下图。</p><p><img src=\"https://static.tigerbbs.com/b3950da7bdffcd19e360e577df249142\" tg-width=\"550\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p>红色的那一段，就是电子券商集体限制散户买入之后的股价变化，价格瞬间从$483跌到了$112。我相信这一个多小时的时间，散户们是绝望的，夺门而逃，股价经历了多次暂停。但是股价在到达低点$112之后，却一路上扬到$300多（绿色线段）。注意：散户们这时候已经没有买入的能力了，能买的只有机构。难道是机构在看好这个股票，觉得$100多的股票有价值？当然不是，机构只是在平他们的空仓而已。也就是说，在一路多空大战中，机构们根本就没有停止过建他们的空仓，只是一路被散户打得落花流水，不停止损开新的空仓。最后趁着散户们逃跑的时候，终于割了韭菜$450空仓，平均$225平仓，收益50%。我不知道机构最后开空仓之前，事先知道了电子券商要对散户下手。同样，我不做有罪推断，我只是摆事实。</p><p>华尔街这丑陋一幕，远远胜过2008年金融危机卖方找政府要了救援计划，转手给高管发巨额奖金。民意，至少是散户的民意，异常愤怒，参议院立刻表示要召开听证会。我专门去查了一下2015年中国股灾出台的所有政策，最激进的就是限制公司出售自己的股票，但没有一条是针对散户的。要是2015年出台政策说散户们不准卖股票，或者直接让券商封了散户，只能买不能卖，那会招来什么样的口诛笔伐？是不是觉得参议院召开听证会，民意或者正义就会得到伸张了？想多了，参议院的听证会向来就是给民众揉揉伤口，告诉民众你们的冤屈我们听到了，我们以后会进一步监管。真要有动作，美国应该马上宣布调查电子券商封禁散户买单的动机，以及大跌之前都有谁建了空仓，其实一点不难，但不会有人去做。</p><p>我不觉得散户们把一个濒临破产的公司炒到天上，就有道理。但终结这场闹剧的手段，真的是丑陋。</p>","source":"lsy1594264741347","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>“拔网线”霸凌散户，华尔街惊现史上最丑陋的一天</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n“拔网线”霸凌散户，华尔街惊现史上最丑陋的一天\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 10:03 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/stock/usstock/c/2021-01-29/doc-ikftssap1640500.shtml><strong>海通国际</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>今天是华尔街丑陋的一天。Gamestop引发的散户暴动肯定会收场，但是我干算万算，万万想不到会以今天的方式收场：以 Robinhood为首的所有电子交易平台，在上年10点几乎同时限制散户买入GME，AMC等股票。一瞬间，GME股价从近$500开始断崖式下跌至$110，先看下图。丑陋点一：散户被剥夺了（买入）交易的权利，只能卖出已有的仓位，但华尔街机构却依然可以做空、平仓、买入、卖出等等，没有任何...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-01-29/doc-ikftssap1640500.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/50f0a252f951b7accc03d40bda92a3b2","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-01-29/doc-ikftssap1640500.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2107429437","content_text":"今天是华尔街丑陋的一天。Gamestop引发的散户暴动肯定会收场，但是我干算万算，万万想不到会以今天的方式收场：以 Robinhood为首的所有电子交易平台，在上年10点几乎同时限制散户买入GME，AMC等股票。一瞬间，GME股价从近$500开始断崖式下跌至$110，先看下图。丑陋点一：散户被剥夺了（买入）交易的权利，只能卖出已有的仓位，但华尔街机构却依然可以做空、平仓、买入、卖出等等，没有任何限制。这就好比两个拳击选手上台比赛，当一方快要输的时候，裁判突然冲了出来，把即将取胜一方的双手捆上，理由是“拳击是危险运动，为了你好，我把你的双手捆上”。丑陋点二：限制散户进行买入交易的 Robinhood，和华尔街对冲基金们有着千丝万缕的联系。首先， Robinhood后面的投资人D（管理$200亿，向 Robinhood投资了$2亿），本月也是巨亏20%。华尔街日报并没有说巨亏的原因，只是说D的巨亏是由于最近市场混乱造成的。但最近除了几个股票被散户拱到天上以外，市场还有什么混乱吗？其次， Robinhood和其它电子券商，会把散户的交易单发给C，換取现金。也就是说，C是源源不断给Robinhood和其它电子券商提供现金的金主。在这次逼空事件中，C又是站在后面支持M的金主。我不知道向Robinhood关闭散户买入交易有没有得到两位金主C和D的暗示，我没法做判断，我只是把一些事实摆出来。丑陋点三：华尔街的空头们，在散户限制交易买入交易之前，最后还不忘割散户非菜一把（这是我认为最丑陋的一点）。我们看下图。红色的那一段，就是电子券商集体限制散户买入之后的股价变化，价格瞬间从$483跌到了$112。我相信这一个多小时的时间，散户们是绝望的，夺门而逃，股价经历了多次暂停。但是股价在到达低点$112之后，却一路上扬到$300多（绿色线段）。注意：散户们这时候已经没有买入的能力了，能买的只有机构。难道是机构在看好这个股票，觉得$100多的股票有价值？当然不是，机构只是在平他们的空仓而已。也就是说，在一路多空大战中，机构们根本就没有停止过建他们的空仓，只是一路被散户打得落花流水，不停止损开新的空仓。最后趁着散户们逃跑的时候，终于割了韭菜$450空仓，平均$225平仓，收益50%。我不知道机构最后开空仓之前，事先知道了电子券商要对散户下手。同样，我不做有罪推断，我只是摆事实。华尔街这丑陋一幕，远远胜过2008年金融危机卖方找政府要了救援计划，转手给高管发巨额奖金。民意，至少是散户的民意，异常愤怒，参议院立刻表示要召开听证会。我专门去查了一下2015年中国股灾出台的所有政策，最激进的就是限制公司出售自己的股票，但没有一条是针对散户的。要是2015年出台政策说散户们不准卖股票，或者直接让券商封了散户，只能买不能卖，那会招来什么样的口诛笔伐？是不是觉得参议院召开听证会，民意或者正义就会得到伸张了？想多了，参议院的听证会向来就是给民众揉揉伤口，告诉民众你们的冤屈我们听到了，我们以后会进一步监管。真要有动作，美国应该马上宣布调查电子券商封禁散户买单的动机，以及大跌之前都有谁建了空仓，其实一点不难，但不会有人去做。我不觉得散户们把一个濒临破产的公司炒到天上，就有道理。但终结这场闹剧的手段，真的是丑陋。","news_type":1},"isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"Finally, when your initial post [Bixin] [Bixin] comes, I hope you can have a good time and earn a good time in Tiger Community! If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when your initial post [Bixin] [Bixin] comes, I hope you can have a good time and earn a good time in Tiger Community! If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when your initial post [Bixin] [Bixin] comes, I hope you can have a good time and earn a good time in Tiger Community! If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9947038297,"gmtCreate":1682332521520,"gmtModify":1682332526233,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"I couldn't believe the author has such big confidence for the rally,&nbsp;retail investors&nbsp;should be more careful as the logic behind. Even the rally is around the corner anytime soon, there will be another crash soon after therally. The fundamental issues are not resolved like&nbsp;bank crash&nbsp;issues, de-dollarisation, inflation( I do not believe that the inflation is under control as commented), and the fact is that the recession is on the way&nbsp;","listText":"I couldn't believe the author has such big confidence for the rally,&nbsp;retail investors&nbsp;should be more careful as the logic behind. Even the rally is around the corner anytime soon, there will be another crash soon after therally. The fundamental issues are not resolved like&nbsp;bank crash&nbsp;issues, de-dollarisation, inflation( I do not believe that the inflation is under control as commented), and the fact is that the recession is on the way&nbsp;","text":"I couldn't believe the author has such big confidence for the rally, retail investors should be more careful as the logic behind. Even the rally is around the corner anytime soon, there will be another crash soon after therally. The fundamental issues are not resolved like bank crash issues, de-dollarisation, inflation( I do not believe that the inflation is under control as commented), and the fact is that the recession is on the way","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":17,"commentSize":10,"repostSize":1,"link":"https://ttm.financial/post/9947038297","repostId":"2329368890","repostType":4,"repost":{"id":"2329368890","pubTimestamp":1682349692,"share":"https://ttm.financial/m/news/2329368890?lang=&edition=fundamental","pubTime":"2023-04-24 23:21","market":"us","language":"en","title":"3 Big Reasons a Huge Rally Is Right Around the Corner","url":"https://stock-news.laohu8.com/highlight/detail?id=2329368890","media":"InvestorPlace","summary":"The Fed pivot, which is the anticipated shift in the U.S. Federal Reserve’s monetary policy, from ti","content":"<html><head></head><body><ul><li><p>The Fed pivot, which is the anticipated shift in the U.S. Federal Reserve’s monetary policy, from tightening to easing, has been long overdue, but three reasons suggest it is just around the corner.</p></li><li><p>Firstly, leading indicators of inflation, such as commodity prices and price survey data, are crashing, with the Philly Fed Survey’s Price index at a decade low. Every leading indicator of inflation has reverted to pre-pandemic levels, meaning inflation is on a course to 2% or lower.</p></li><li><p>Secondly, shelter CPI accounts for about 35% of headline CPI and hasn’t posted a single monthly decline, but home prices and rents are dropping about as fast as they could. Home price and rent changes tend to lead shelter CPI inflation by about six to 12 months.</p></li><li><p>Lastly, the current economic cycle is poised to enter a recession, and the stock market typically bottoms three to six months before a recession begins, resulting in a massive rally.</p></li></ul><p>It seems we’ve been talking about a “Fed Pivot” since last summer, and yet nearly a year later, the Fed is still hiking rates. </p><p>However, the data strongly suggests that the highly anticipated and long overdue Fed pivot is just around the corner.</p><p><strong>When it does arrive, it could spark a massive stock market rally. </strong></p><p>You need to be prepared for this coming rally. But first, let’s look at three reasons why a Fed pause and huge stock market rally are right around the corner. </p><h2>Reason #1: Inflation Is Crashing</h2><p>For some odd reason, the Fed thinks inflation is still high. </p><p>News flash: <strong>It’s not (really).</strong> </p><p>Sure, the headline consumer price index inflation rate is still 5%. That’s 2.5X the Fed’s 2% target. But the headline inflation rate – like most major economic data points – is a lagging indicator. </p><p>It takes time for changes in economic activity, supply chains, borrowing capacity, and consumer spending to work their way into the final prices of goods. These things have lag effects. </p><p>Forget the lagging headline inflation rate for a moment. Instead, let’s look at the leading indicators of inflation;things like price survey data and commodity prices. </p><p><strong><em>They’re all crashing!</em></strong> And they’ve all returned to pre-pandemic levels. Some are even hovering near all-time lows.</p><p>For example, let’s look at the price data from yesterday morning’s Philadelphia Fed Business Outlook Survey. </p><p>In that survey, the Philly Fed surveys a bunch of businesses in Pennsylvania, New Jersey, and Delaware areas to get a gauge of economic trends. One of the key questions is how prices paid for goods and services are trending. Another key question is how prices received for goods and services are trending.</p><p>The Fed conducts this survey once a month. The April survey results were released yesterday. </p><p>They showed that the Prices Paid index dropped from 23.5 to 8.2 in April. The Prices Received index dropped from 7.9 to negative 3.3. On a composite basis, the combined Price index dropped from 31.4 to 4.9 in April. </p><p>Of course, that’s a steep fall. But here’s the big thing: <strong><em>At 4.9, the Price index is near all-time lows. </em></strong></p><p>You read that right. One of the most prominent leading indicators of inflation – the Philly Fed Survey’s Price index – hasn’t just returned back to pre-pandemic levels, but is now also plunging to a decade low. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5026da7eac49b56c6799af20615edc3\" tg-width=\"624\" tg-height=\"278\"/></p><p>Inflation, folks, is dead. </p><p>The Philly Fed survey data isn’t the only data point suggesting as much. </p><p>Pretty much every other price index in every other Fed district survey has plunged back to pre-pandemic levels, as well. The Bloomberg Commodity Price Index has plunged more than 20% since June 2022. Oil prices have lost about half their value over that same stretch. Natural gas prices are plunging to all-time lows right now. </p><p>Every leading indicator of inflation is pointing sharply downward at the current moment. More than that, every leading indicator of inflation has reverted to pre-pandemic levels. Many of them are at multi-year lows. </p><p>That means just one thing, folks. Inflation may still be at 5% today, <strong>but it is on a predetermined course to 2% (and maybe even lower) within a few months</strong>. </p><h2>Reason #2: Inflation Will Keep Crashing</h2><p>The most impressive thing about the current round of disinflation is that we’ve basically cut headline inflation rates in half – from over 9% to below 5% — without any help from the biggest component of inflation: shelter. </p><p>Shelter CPI accounts for about 35% of the headline CPI. It is the biggest weighting in the calculation. Yet, shelter CPI rates have kept climbing.</p><p>Since June 2022, headline CPI has dropped from 9.1% to 5%. Over that same time, shelter CPI has risen from 5.6% to 8.2%, and hasn’t posted a single monthly decline. </p><p>We’ve cut inflation almost in half without any help from the biggest weighting in the CPI calculation.</p><p><strong><em>But that biggest weighting is about to collapse. </em></strong></p><p>Like headline CPI itself, shelter CPI is a lagging indicator. It takes time for lower home prices and rents to show up in the shelter CPI. </p><p>But home prices and rents are dropping quickly. Last month, for example, the median sales price of an existing home in the U.S. was $375,000, down about 0.9% year-over-year. </p><p>That 0.9% drop is the biggest annual price decline for homes since 2012.</p><p><a href=\"https://laohu8.com/S/Z\">Zillow</a>’s Observed Rent Index, meanwhile, has dis-inflated from about 17% a year ago, to less than 6% today. </p><p>Home prices and rents are dropping about as fast as they could. </p><p><strong>Our analysis suggests these drops are about to show up in shelter CPI. </strong></p><p>That is, home price and rent changes tend to lead shelter CPI inflation by about six to 12 months. Considering that historical relationship, it looks inevitable that the collapse we’ve seen in home price and rent inflation will start to show up in a big way in shelter CPI numbers next month.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/95906c1b59307571f4dd37bfb1a6794f\" tg-width=\"624\" tg-height=\"326\"/></p><p>We think the current 8.2% shelter CPI inflation rate will drop rapidly below 4% within the next three to four months. </p><p>Again, that’s the biggest weighting in the CPI calculation. We’ve already basically cut inflation in half without shelter CPI dropping one ounce. As it starts to plunge like a rock into summer, overall CPI inflation rates should crater. </p><p>We will likely see 2% inflation by late summer.</p><h2>Reason #3: The Labor Market Is Cracking</h2><p>While everyone is all caught up in the Fed’s fight with inflation, we must remember that the Fed has a <em>dual</em> mandate. They are mandated with fighting inflation <em>and </em>keeping people employed. </p><p>The Fed has been able to stay aggressive with its fight against inflation because, thus far, it hasn’t really hurt the labor market. </p><p>But that is changing right now. The labor market is showing signs of significant stress. </p><p>Sure, the unemployment rate remains historically low. Again, though, that’s a lagging indicator. The best leading indicator of unemployment is weekly jobless claims – and, more specifically, weekly jobless claims in economically sensitive states. </p><p>When a lot of people start to file jobless claims in economically sensitive states, that’s a sure-fire sign that the national labor market is on the edge – and a huge unemployment crisis could be at hand. </p><p><strong>That’s exactly where we are today. </strong></p><p>About one-third of states are currently reporting greater than 30% growth in continuing jobless claims.</p><p>In other words, nearly one out of every three states is seeing jobless claims spike right now. That’s exactly what happens every time before the labor market cracks. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55809544309ae6a7e0f3bb664b0386ec\" tg-width=\"1560\" tg-height=\"991\"/></p><p>The Fed has been able to duck for cover behind a super strong U.S. labor market for months now. That cover is disappearing. </p><p>As it does, so will these rate hikes.  </p><h2>The Final Word</h2><p>The Fed has a dual mandate: stable prices and full employment. </p><p>From the perspective of that dual mandate, the Fed should wrap up its rate-hiking campaign very soon – likely by June. </p><p>Inflation is crashing back toward 2% very rapidly, and the labor market is starting to crack in a very worrisome manner. With inflation crashing and the labor market deteriorating, a Fed pause is on deck. </p><p>That’s bullish, because every single time the Fed has paused a traditional rate-hike campaign, the stock market rallied. </p><p><strong><em>Every single time. </em></strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3c83976194d31019b56c1753f952e06b\" tg-width=\"624\" tg-height=\"326\"/></p><p>Which is more likely? That this is the first time in history the stock market doesn’t rally after the Fed pauses its rate-hike campaign, or that history repeats. </p><p><strong><em>We’re banking on the latter. </em></strong></p><p>We believe the stock market is prepping for a big rally into the summer. </p><p>If that happens, then certain individual stocks will rally more than 100% over the next few months. </p><p>Our job is to find those stocks. </p><p><strong>We think we’ve found just the ones. </strong></p><p>Specifically, there is a top-secret technology being developed by the U.S. government that could unlock the next generation of major societal advances – a technology that could be as profound and revolutionary as the discovery of fire. </p><p>And one tiny company is developing the best form of this technology right now. </p><p>This tiny stock could be the next <a href=\"https://laohu8.com/S/MSFT\">Microsoft </a> or <a href=\"https://laohu8.com/S/NVDA\">Nvidia </a>. It has trillion-dollar potential. And it could be one of the stock market’s biggest winners this year. </p></body></html>","source":"investorplace","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>3 Big Reasons a Huge Rally Is Right Around the Corner</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Big Reasons a Huge Rally Is Right Around the Corner\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-24 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2023/04/3-big-reasons-a-huge-rally-is-right-around-the-corner/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Fed pivot, which is the anticipated shift in the U.S. Federal Reserve’s monetary policy, from tightening to easing, has been long overdue, but three reasons suggest it is just around the corner....</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2023/04/3-big-reasons-a-huge-rally-is-right-around-the-corner/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://investorplace.com/hypergrowthinvesting/2023/04/3-big-reasons-a-huge-rally-is-right-around-the-corner/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2329368890","content_text":"The Fed pivot, which is the anticipated shift in the U.S. Federal Reserve’s monetary policy, from tightening to easing, has been long overdue, but three reasons suggest it is just around the corner.Firstly, leading indicators of inflation, such as commodity prices and price survey data, are crashing, with the Philly Fed Survey’s Price index at a decade low. Every leading indicator of inflation has reverted to pre-pandemic levels, meaning inflation is on a course to 2% or lower.Secondly, shelter CPI accounts for about 35% of headline CPI and hasn’t posted a single monthly decline, but home prices and rents are dropping about as fast as they could. Home price and rent changes tend to lead shelter CPI inflation by about six to 12 months.Lastly, the current economic cycle is poised to enter a recession, and the stock market typically bottoms three to six months before a recession begins, resulting in a massive rally.It seems we’ve been talking about a “Fed Pivot” since last summer, and yet nearly a year later, the Fed is still hiking rates. However, the data strongly suggests that the highly anticipated and long overdue Fed pivot is just around the corner.When it does arrive, it could spark a massive stock market rally. You need to be prepared for this coming rally. But first, let’s look at three reasons why a Fed pause and huge stock market rally are right around the corner. Reason #1: Inflation Is CrashingFor some odd reason, the Fed thinks inflation is still high. News flash: It’s not (really). Sure, the headline consumer price index inflation rate is still 5%. That’s 2.5X the Fed’s 2% target. But the headline inflation rate – like most major economic data points – is a lagging indicator. It takes time for changes in economic activity, supply chains, borrowing capacity, and consumer spending to work their way into the final prices of goods. These things have lag effects. Forget the lagging headline inflation rate for a moment. Instead, let’s look at the leading indicators of inflation;things like price survey data and commodity prices. They’re all crashing! And they’ve all returned to pre-pandemic levels. Some are even hovering near all-time lows.For example, let’s look at the price data from yesterday morning’s Philadelphia Fed Business Outlook Survey. In that survey, the Philly Fed surveys a bunch of businesses in Pennsylvania, New Jersey, and Delaware areas to get a gauge of economic trends. One of the key questions is how prices paid for goods and services are trending. Another key question is how prices received for goods and services are trending.The Fed conducts this survey once a month. The April survey results were released yesterday. They showed that the Prices Paid index dropped from 23.5 to 8.2 in April. The Prices Received index dropped from 7.9 to negative 3.3. On a composite basis, the combined Price index dropped from 31.4 to 4.9 in April. Of course, that’s a steep fall. But here’s the big thing: At 4.9, the Price index is near all-time lows. You read that right. One of the most prominent leading indicators of inflation – the Philly Fed Survey’s Price index – hasn’t just returned back to pre-pandemic levels, but is now also plunging to a decade low. Inflation, folks, is dead. The Philly Fed survey data isn’t the only data point suggesting as much. Pretty much every other price index in every other Fed district survey has plunged back to pre-pandemic levels, as well. The Bloomberg Commodity Price Index has plunged more than 20% since June 2022. Oil prices have lost about half their value over that same stretch. Natural gas prices are plunging to all-time lows right now. Every leading indicator of inflation is pointing sharply downward at the current moment. More than that, every leading indicator of inflation has reverted to pre-pandemic levels. Many of them are at multi-year lows. That means just one thing, folks. Inflation may still be at 5% today, but it is on a predetermined course to 2% (and maybe even lower) within a few months. Reason #2: Inflation Will Keep CrashingThe most impressive thing about the current round of disinflation is that we’ve basically cut headline inflation rates in half – from over 9% to below 5% — without any help from the biggest component of inflation: shelter. Shelter CPI accounts for about 35% of the headline CPI. It is the biggest weighting in the calculation. Yet, shelter CPI rates have kept climbing.Since June 2022, headline CPI has dropped from 9.1% to 5%. Over that same time, shelter CPI has risen from 5.6% to 8.2%, and hasn’t posted a single monthly decline. We’ve cut inflation almost in half without any help from the biggest weighting in the CPI calculation.But that biggest weighting is about to collapse. Like headline CPI itself, shelter CPI is a lagging indicator. It takes time for lower home prices and rents to show up in the shelter CPI. But home prices and rents are dropping quickly. Last month, for example, the median sales price of an existing home in the U.S. was $375,000, down about 0.9% year-over-year. That 0.9% drop is the biggest annual price decline for homes since 2012.Zillow’s Observed Rent Index, meanwhile, has dis-inflated from about 17% a year ago, to less than 6% today. Home prices and rents are dropping about as fast as they could. Our analysis suggests these drops are about to show up in shelter CPI. That is, home price and rent changes tend to lead shelter CPI inflation by about six to 12 months. Considering that historical relationship, it looks inevitable that the collapse we’ve seen in home price and rent inflation will start to show up in a big way in shelter CPI numbers next month.We think the current 8.2% shelter CPI inflation rate will drop rapidly below 4% within the next three to four months. Again, that’s the biggest weighting in the CPI calculation. We’ve already basically cut inflation in half without shelter CPI dropping one ounce. As it starts to plunge like a rock into summer, overall CPI inflation rates should crater. We will likely see 2% inflation by late summer.Reason #3: The Labor Market Is CrackingWhile everyone is all caught up in the Fed’s fight with inflation, we must remember that the Fed has a dual mandate. They are mandated with fighting inflation and keeping people employed. The Fed has been able to stay aggressive with its fight against inflation because, thus far, it hasn’t really hurt the labor market. But that is changing right now. The labor market is showing signs of significant stress. Sure, the unemployment rate remains historically low. Again, though, that’s a lagging indicator. The best leading indicator of unemployment is weekly jobless claims – and, more specifically, weekly jobless claims in economically sensitive states. When a lot of people start to file jobless claims in economically sensitive states, that’s a sure-fire sign that the national labor market is on the edge – and a huge unemployment crisis could be at hand. That’s exactly where we are today. About one-third of states are currently reporting greater than 30% growth in continuing jobless claims.In other words, nearly one out of every three states is seeing jobless claims spike right now. That’s exactly what happens every time before the labor market cracks. The Fed has been able to duck for cover behind a super strong U.S. labor market for months now. That cover is disappearing. As it does, so will these rate hikes.  The Final WordThe Fed has a dual mandate: stable prices and full employment. From the perspective of that dual mandate, the Fed should wrap up its rate-hiking campaign very soon – likely by June. Inflation is crashing back toward 2% very rapidly, and the labor market is starting to crack in a very worrisome manner. With inflation crashing and the labor market deteriorating, a Fed pause is on deck. That’s bullish, because every single time the Fed has paused a traditional rate-hike campaign, the stock market rallied. Every single time. Which is more likely? That this is the first time in history the stock market doesn’t rally after the Fed pauses its rate-hike campaign, or that history repeats. We’re banking on the latter. We believe the stock market is prepping for a big rally into the summer. If that happens, then certain individual stocks will rally more than 100% over the next few months. Our job is to find those stocks. We think we’ve found just the ones. Specifically, there is a top-secret technology being developed by the U.S. government that could unlock the next generation of major societal advances – a technology that could be as profound and revolutionary as the discovery of fire. And one tiny company is developing the best form of this technology right now. This tiny stock could be the next Microsoft  or Nvidia . It has trillion-dollar potential. And it could be one of the stock market’s biggest winners this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4091449914273180","authorId":"4091449914273180","name":"CapybaraNDU","avatar":"https://static.itradeup.com/news/45f43895513a14a93d9fef520100f642","crmLevel":5,"crmLevelSwitch":1,"idStr":"4091449914273180","authorIdStr":"4091449914273180"},"content":"Would not take advice from a new investor like you =) spend more time in the field before commenting","text":"Would not take advice from a new investor like you =) spend more time in the field before commenting","html":"Would not take advice from a new investor like you =) spend more time in the field before commenting"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970243255,"gmtCreate":1684509565577,"gmtModify":1684509569934,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"Crash ?","listText":"Crash ?","text":"Crash ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970243255","repostId":"1170947548","repostType":2,"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195937550,"gmtCreate":1621248096570,"gmtModify":1704354574826,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"Have to wait for the crypto&nbsp;market to stabilise, the recent tumble are all due to ELON MUSK’s tweets&nbsp;","listText":"Have to wait for the crypto&nbsp;market to stabilise, the recent tumble are all due to ELON MUSK’s tweets&nbsp;","text":"Have to wait for the crypto market to stabilise, the recent tumble are all due to ELON MUSK’s tweets","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195937550","repostId":"1131806074","repostType":4,"isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960394386,"gmtCreate":1668059776745,"gmtModify":1676538006407,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"What a chaos world.&nbsp;","listText":"What a chaos world.&nbsp;","text":"What a chaos world.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960394386","repostId":"1113225170","repostType":4,"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983595067,"gmtCreate":1666270188559,"gmtModify":1676537733154,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"Shame&nbsp;","listText":"Shame&nbsp;","text":"Shame","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983595067","repostId":"1198288029","repostType":4,"repost":{"id":"1198288029","pubTimestamp":1666269424,"share":"https://ttm.financial/m/news/1198288029?lang=&edition=fundamental","pubTime":"2022-10-20 20:37","market":"us","language":"en","title":"Truss Resigns as UK Premier After Tax-Cut Plan Backfires","url":"https://stock-news.laohu8.com/highlight/detail?id=1198288029","media":"Bloomberg","summary":"Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier i","content":"<html><head></head><body><ul><li>Stint in office characterized by market rout and U-Turns</li><li>Truss becomes UK’s shortest-ruling premier in history</li></ul><p><img src=\"https://static.tigerbbs.com/616f11adf6ae2802c5cbc9c6317b61b4\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"/>Liz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout.</p><p>Truss, 47, said she was resigning after just 44 days in office, and is set to become the shortest-ruling prime minister in British history. She said the Conservative Party aims to choose her successor within a week, and that she will stay on as premier until then.</p><p>Candidates to replace her are likely to include former Chancellor of the Exchequer Rishi Sunak -- runner-up to Truss in this summer’s leadership contest. Other contenders then are also likely to be in the fray, including Penny Mordaunt, Grant Shapps and Kemi Badenoch. Former Home Secretary Suella Braverman, who was sacked on Oct. 19, may also be in the running. Defence Secretary Ben Wallace is also often touted, though he has downplayed his interest.</p><p>But new Chancellor Jeremy Hunt, promoted from the back benches after Truss sacked Kwasi Kwarteng in a bid to restore calm in the markets, ruled himself out, according to his spokeswoman.</p><p>Truss came to power in early September promising an all-out push for growth, but her program proved unpalatable to financial markets as both the pound and gilts tanked amid concerns about how she’d pay for her economic plans.</p><p>Her departure leaves the ruling Conservative Party badly damaged, languishing more than 30 points behind Labour inthe pollsafter 12 1/2 years in power. Her successor will become the party’s fifth premier in less than seven years since the 2016 Brexit referendum ushered in a period of unprecedented chaos in British politics.</p><p>Whoever it is will face a formidable task in repairing the Tory party’s reputation and the economy in time for a general election which must take place in January 2025. Truss’s tenure has all but guaranteed post-Brexit Britain’s immediate future is one of higher borrowing costs, weak growth, tax hikes and spending cuts.</p><p>“It’s a shambles and a disgrace,” veteran Tory MP Charles Walker told the BBC on Oct. 19. “The damage they have done to our party is extraordinary.”</p><p><img src=\"https://static.tigerbbs.com/44667704a5311e8a60ce926ecefab1e3\" tg-width=\"646\" tg-height=\"366\" referrerpolicy=\"no-referrer\"/></p><p>Truss’s undoing was ultimately a lack of political instinct and awareness of economic reality.</p><p>After narrowly winning the leadership without the backing of most MPs, she set out to govern as if she had secured an overwhelming mandate with a barrage of radical measures. Inheriting a divided party, she appointed loyalists to key jobs rather than reaching out to her opponents. And when, at the last, she tried to stamp her authority on the party, she only provoked its anger.</p><p>The central mistake of Truss’s term was a massive £45 billion ($50 billion) package of tax cuts, amid the strongest inflation in four decades, that she drew up with Kwarteng and unveiled without any independent analysis of how it would be funded.</p><p>The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.Sign up to this newsletter</p><p>The biggest tax giveaway in half a century went further and faster than Truss had signaled during the leadership contest, and the markets reacted violently amid fears it would hamper the battle against inflation and destabilize the public finances. The pound’s tumble to an all-time low against the dollar and the imminent threat of a rout in gilts forced the Bank of England to intervene to prevent a key part of the pensions industry from collapsing.</p><p><img src=\"https://static.tigerbbs.com/2461bf95e6c4f2853566b6c30f815768\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Truss and Kwarteng tried to repair the damage by firstreversingan unpopular move to abolish the 45% rate of income tax on the UK’s highest earners. Then on Oct. 14 TrusssackedKwarteng and scrapped their plan to freeze corporation tax next year. Huntunpickedmost of what remained of the economic strategy three days later, leaving the premier’s credibility shot.</p><p>The final humiliation came on Wednesday evening as the desperate prime minister tried to corral her angry MPs into the voting lobbies in the House of Commons for a make-or-break ballot that she had no reason to take on. Braverman’s dismissal earlier in the evening for a security breach that in normal times might have earned her a mere reprimand had already alienated a swathe of the right of the party.</p><p>Truss won the vote, but in the bitter aftermath she lost her struggle to stay in power.</p><h2>Liz Truss’s speech in full:</h2><blockquote>“I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills. Putin’s illegal war in Ukraine threatens the security of our whole continent. And our country has been held back for too long by low economic growth.</blockquote><blockquote>“I was elected by the Conservative Party with a mandate to change this. We delivered on energy bills and on cutting national insurance. And we set out a vision for a low tax high growth economy that would take advantage of the freedoms of Brexit.I recognize though given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party.</blockquote><blockquote>“This morning I met the chairman of the 1922 Committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week. This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as Prime Minister until a successor has been chosen. Thank you.”</blockquote></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Truss Resigns as UK Premier After Tax-Cut Plan Backfires</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTruss Resigns as UK Premier After Tax-Cut Plan Backfires\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-20 20:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier in historyLiz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-10-20/uk-prime-minister-liz-truss-to-announce-resignation-sky-news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198288029","content_text":"Stint in office characterized by market rout and U-TurnsTruss becomes UK’s shortest-ruling premier in historyLiz Truss quit as UK prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout.Truss, 47, said she was resigning after just 44 days in office, and is set to become the shortest-ruling prime minister in British history. She said the Conservative Party aims to choose her successor within a week, and that she will stay on as premier until then.Candidates to replace her are likely to include former Chancellor of the Exchequer Rishi Sunak -- runner-up to Truss in this summer’s leadership contest. Other contenders then are also likely to be in the fray, including Penny Mordaunt, Grant Shapps and Kemi Badenoch. Former Home Secretary Suella Braverman, who was sacked on Oct. 19, may also be in the running. Defence Secretary Ben Wallace is also often touted, though he has downplayed his interest.But new Chancellor Jeremy Hunt, promoted from the back benches after Truss sacked Kwasi Kwarteng in a bid to restore calm in the markets, ruled himself out, according to his spokeswoman.Truss came to power in early September promising an all-out push for growth, but her program proved unpalatable to financial markets as both the pound and gilts tanked amid concerns about how she’d pay for her economic plans.Her departure leaves the ruling Conservative Party badly damaged, languishing more than 30 points behind Labour inthe pollsafter 12 1/2 years in power. Her successor will become the party’s fifth premier in less than seven years since the 2016 Brexit referendum ushered in a period of unprecedented chaos in British politics.Whoever it is will face a formidable task in repairing the Tory party’s reputation and the economy in time for a general election which must take place in January 2025. Truss’s tenure has all but guaranteed post-Brexit Britain’s immediate future is one of higher borrowing costs, weak growth, tax hikes and spending cuts.“It’s a shambles and a disgrace,” veteran Tory MP Charles Walker told the BBC on Oct. 19. “The damage they have done to our party is extraordinary.”Truss’s undoing was ultimately a lack of political instinct and awareness of economic reality.After narrowly winning the leadership without the backing of most MPs, she set out to govern as if she had secured an overwhelming mandate with a barrage of radical measures. Inheriting a divided party, she appointed loyalists to key jobs rather than reaching out to her opponents. And when, at the last, she tried to stamp her authority on the party, she only provoked its anger.The central mistake of Truss’s term was a massive £45 billion ($50 billion) package of tax cuts, amid the strongest inflation in four decades, that she drew up with Kwarteng and unveiled without any independent analysis of how it would be funded.The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.Sign up to this newsletterThe biggest tax giveaway in half a century went further and faster than Truss had signaled during the leadership contest, and the markets reacted violently amid fears it would hamper the battle against inflation and destabilize the public finances. The pound’s tumble to an all-time low against the dollar and the imminent threat of a rout in gilts forced the Bank of England to intervene to prevent a key part of the pensions industry from collapsing.Truss and Kwarteng tried to repair the damage by firstreversingan unpopular move to abolish the 45% rate of income tax on the UK’s highest earners. Then on Oct. 14 TrusssackedKwarteng and scrapped their plan to freeze corporation tax next year. Huntunpickedmost of what remained of the economic strategy three days later, leaving the premier’s credibility shot.The final humiliation came on Wednesday evening as the desperate prime minister tried to corral her angry MPs into the voting lobbies in the House of Commons for a make-or-break ballot that she had no reason to take on. Braverman’s dismissal earlier in the evening for a security breach that in normal times might have earned her a mere reprimand had already alienated a swathe of the right of the party.Truss won the vote, but in the bitter aftermath she lost her struggle to stay in power.Liz Truss’s speech in full:“I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills. Putin’s illegal war in Ukraine threatens the security of our whole continent. And our country has been held back for too long by low economic growth.“I was elected by the Conservative Party with a mandate to change this. We delivered on energy bills and on cutting national insurance. And we set out a vision for a low tax high growth economy that would take advantage of the freedoms of Brexit.I recognize though given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party.“This morning I met the chairman of the 1922 Committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week. This will ensure that we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as Prime Minister until a successor has been chosen. Thank you.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970653256,"gmtCreate":1684413263476,"gmtModify":1684413267473,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"Sign of market crash ? Inflation control is still far from 2%? Or soft landing ?","listText":"Sign of market crash ? Inflation control is still far from 2%? Or soft landing ?","text":"Sign of market crash ? Inflation control is still far from 2%? Or soft landing ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970653256","repostId":"1197788776","repostType":2,"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":316030010,"gmtCreate":1611899925830,"gmtModify":1704865431936,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"TD Ameritrade sti can freely trade&nbsp;","listText":"TD Ameritrade sti can freely trade&nbsp;","text":"TD Ameritrade sti can freely trade","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/316030010","repostId":"2107429437","repostType":4,"isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"Finally, when your initial post [Bixin] [Bixin] comes, I hope you can have a good time and earn a good time in Tiger Community! If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when your initial post [Bixin] [Bixin] comes, I hope you can have a good time and earn a good time in Tiger Community! If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when your initial post [Bixin] [Bixin] comes, I hope you can have a good time and earn a good time in Tiger Community! If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947864814,"gmtCreate":1682938590638,"gmtModify":1682938595857,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"Bad impact of UBS to take over credit Sussie being instructed by the government. Pity on FRB shareholders&nbsp;","listText":"Bad impact of UBS to take over credit Sussie being instructed by the government. Pity on FRB shareholders&nbsp;","text":"Bad impact of UBS to take over credit Sussie being instructed by the government. Pity on FRB shareholders","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947864814","repostId":"1148557774","repostType":4,"repost":{"id":"1148557774","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1682928041,"share":"https://ttm.financial/m/news/1148557774?lang=&edition=fundamental","pubTime":"2023-05-01 16:00","market":"us","language":"en","title":"First Republic Bank Stock Drops over 50% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1148557774","media":"Tiger Newspress","summary":"U.S. regulator seizes First Republic Bank, to sell assets to JP Morgan","content":"<html><head></head><body><p>United States regulators said on Monday <a href=\"https://laohu8.com/S/FRC\">First Republic Bank </a> has been seized and a deal agreed to sell the bank to <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase &amp; Co </a>, in what is the third major U.S. institution to fail in two months.</p><p>Shares of <a href=\"https://laohu8.com/S/FRC\">First Republic Bank </a> dropped over 50% in premarket trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f98a7d2ee50b6933949d79edc8719f85\" title=\"\" tg-width=\"818\" tg-height=\"630\"/></p><p style=\"text-align: start;\">The Wall Street major bank will take most of First Republic&#39;s assets and all the deposits, including uninsured ones, the regulators said in a statement.</p><p style=\"text-align: start;\">JPMorgan was one of several interested buyers including <a href=\"https://laohu8.com/S/PNC\">PNC Financial Services Group </a>, and <a href=\"https://laohu8.com/S/CFG\">Citizens Financial Group Inc </a>, which submitted final bids on Sunday in an auction being run by U.S. regulators, sources familiar with the matter said over the weekend.</p><p>The California Department of Financial Protection and Innovation announced early on Monday it had taken possession of First Republic and the Federal Deposit Insurance Corporation (FDIC) would act as its receiver.</p><p style=\"text-align: start;\">The FDIC estimated in a statement that the cost to the Deposit Insurance Fund would be about $13 billion. The final cost will be determined when the FDIC terminates the receivership.</p><p style=\"text-align: start;\">The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.</p><p>First Republic had total assets of $229.1 billion as of April 13 and $103.9 billion worth of deposits, the FDIC statement said.</p><p style=\"text-align: start;\">&#34;Our government invited us and others to step up, and we did,&#34; said Jamie Dimon, Chairman and CEO of JPMorgan Chase. “Our financial strength, capabilities and business model allowed us to develop a bid to execute the transaction in a way to minimize costs to the Deposit Insurance Fund.”</p><p style=\"text-align: start;\">The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.</p><p style=\"text-align: start;\">The failed bank&#39;s 84 offices in eight states will reopen as branches of JPMorgan Chase Bank from Monday, according to the statement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Republic Bank Stock Drops over 50% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Republic Bank Stock Drops over 50% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-01 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>United States regulators said on Monday <a href=\"https://laohu8.com/S/FRC\">First Republic Bank </a> has been seized and a deal agreed to sell the bank to <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase &amp; Co </a>, in what is the third major U.S. institution to fail in two months.</p><p>Shares of <a href=\"https://laohu8.com/S/FRC\">First Republic Bank </a> dropped over 50% in premarket trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f98a7d2ee50b6933949d79edc8719f85\" title=\"\" tg-width=\"818\" tg-height=\"630\"/></p><p style=\"text-align: start;\">The Wall Street major bank will take most of First Republic&#39;s assets and all the deposits, including uninsured ones, the regulators said in a statement.</p><p style=\"text-align: start;\">JPMorgan was one of several interested buyers including <a href=\"https://laohu8.com/S/PNC\">PNC Financial Services Group </a>, and <a href=\"https://laohu8.com/S/CFG\">Citizens Financial Group Inc </a>, which submitted final bids on Sunday in an auction being run by U.S. regulators, sources familiar with the matter said over the weekend.</p><p>The California Department of Financial Protection and Innovation announced early on Monday it had taken possession of First Republic and the Federal Deposit Insurance Corporation (FDIC) would act as its receiver.</p><p style=\"text-align: start;\">The FDIC estimated in a statement that the cost to the Deposit Insurance Fund would be about $13 billion. The final cost will be determined when the FDIC terminates the receivership.</p><p style=\"text-align: start;\">The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.</p><p>First Republic had total assets of $229.1 billion as of April 13 and $103.9 billion worth of deposits, the FDIC statement said.</p><p style=\"text-align: start;\">&#34;Our government invited us and others to step up, and we did,&#34; said Jamie Dimon, Chairman and CEO of JPMorgan Chase. “Our financial strength, capabilities and business model allowed us to develop a bid to execute the transaction in a way to minimize costs to the Deposit Insurance Fund.”</p><p style=\"text-align: start;\">The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.</p><p style=\"text-align: start;\">The failed bank&#39;s 84 offices in eight states will reopen as branches of JPMorgan Chase Bank from Monday, according to the statement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","FRCB":"第一共和银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148557774","content_text":"United States regulators said on Monday First Republic Bank  has been seized and a deal agreed to sell the bank to JPMorgan Chase & Co , in what is the third major U.S. institution to fail in two months.Shares of First Republic Bank  dropped over 50% in premarket trading.The Wall Street major bank will take most of First Republic's assets and all the deposits, including uninsured ones, the regulators said in a statement.JPMorgan was one of several interested buyers including PNC Financial Services Group , and Citizens Financial Group Inc , which submitted final bids on Sunday in an auction being run by U.S. regulators, sources familiar with the matter said over the weekend.The California Department of Financial Protection and Innovation announced early on Monday it had taken possession of First Republic and the Federal Deposit Insurance Corporation (FDIC) would act as its receiver.The FDIC estimated in a statement that the cost to the Deposit Insurance Fund would be about $13 billion. The final cost will be determined when the FDIC terminates the receivership.The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.First Republic had total assets of $229.1 billion as of April 13 and $103.9 billion worth of deposits, the FDIC statement said.\"Our government invited us and others to step up, and we did,\" said Jamie Dimon, Chairman and CEO of JPMorgan Chase. “Our financial strength, capabilities and business model allowed us to develop a bid to execute the transaction in a way to minimize costs to the Deposit Insurance Fund.”The rescue comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets. Those failures came after crypto-focused Silvergate voluntarily liquidated.The failed bank's 84 offices in eight states will reopen as branches of JPMorgan Chase Bank from Monday, according to the statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985370856,"gmtCreate":1667333302376,"gmtModify":1676537898378,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>","text":"$S&P 500(.SPX)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985370856","isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988129813,"gmtCreate":1666699675132,"gmtModify":1676537791933,"author":{"id":"3565321567361366","authorId":"3565321567361366","name":"Beibeier","avatar":"https://static.tigerbbs.com/8193a35e5d394f803bb5b4dc1a364677","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565321567361366","authorIdStr":"3565321567361366"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>","text":"$S&P 500(.SPX)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988129813","isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}