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Irfaan
2021-02-03
Tesla is going strong! DOLLAR COST AVERAGE
Irfaan
2021-02-03
Hold the line!
Gamestop, silver spot down, "farce" is slowly ending?
Irfaan
2021-02-08
Just bought more tesla stocks. DOLLAR COST AVERAGE!
Irfaan
2021-02-04
You know what to do when price drops right? BUY MORE!
Irfaan
2021-02-16
?
With Biden going big, Wall Street economists are growing bullish on the US economy
Irfaan
2021-02-08
Hope the switch to renewable happens soon.
Sorry, the original content has been removed
Irfaan
2021-02-05
Damn I didn't consider the carbon footprint... Hope we change to renewable energy quickly.
Sorry, the original content has been removed
Irfaan
2021-02-19
Another one
Baidu picks CEO for electric car firm, expects launch in 3 years
Irfaan
2021-02-10
Amazon is not going anywhere. ???
What new Amazon CEO Andy Jassy needs to do to become a leader in sustainability like Apple
Irfaan
2021-02-08
The next tesla is TESLA!
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Irfaan
2021-02-03
Stonks
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Go to Tiger App to see more news
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one","listText":"Another one","text":"Another one","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387834578","repostId":"1151559124","repostType":4,"repost":{"id":"1151559124","pubTimestamp":1613719406,"share":"https://ttm.financial/m/news/1151559124?lang=&edition=fundamental","pubTime":"2021-02-19 15:23","market":"us","language":"en","title":"Baidu picks CEO for electric car firm, expects launch in 3 years","url":"https://stock-news.laohu8.com/highlight/detail?id=1151559124","media":"Seeking Alpha","summary":"Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car ","content":"<p>Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car venture withChinese automaker Geely(OTCPK:GELYF)-<i>CNBC</i>.</p>\n<p>Xia Yiping, co-founder of Mobike, will be the CEO of the new entity, according to anonymous source.</p>\n<p>Xia previously worked at Fiat Chrysler and Ford before he co-founded Mobike, which was eventually acquired by Meituan in 2018.</p>\n<p>Last month, Baidu and Geelyjoined forces to create intelligent EV company.</p>\n<p>Baidu’s push into electric vehicles is an attempt to diversify its business beyond just advertising.</p>\n<p>Recently, Baidu reported anothersolid quarter in Q4, with Core revenue reaching RMB 23.1B ($3.5B), which is up 6% Y/Y and up 8% Q/Q, with latter much higher than flattish or low single-digit growth from Q3.</p>\n<p>Non-advertising revenue was up 52%, reaching 18% of Baidu core revenue, driven by the convergence of AI solutions, cloud services and consumer Internet.</p>\n<p>On the earnings call, Robin Li revealed that Baidu’s electric car firm hopes to launch its first vehicle within three years.</p>\n<p>\"Right now, the venture is progressing very well. We have a CEO on board, and we have decided on the brand of the new vehicle,\"said Li in Q4 earnings call.</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>Baidu picks CEO for electric car firm, expects launch in 3 years</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\">\nBaidu picks CEO for electric car firm, expects launch in 3 years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 15:23 GMT+8 <a href=https://seekingalpha.com/news/3663807-baidu-picks-ceo-for-electric-car-firm-with-geely><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car venture withChinese automaker Geely(OTCPK:GELYF)-CNBC.\nXia Yiping, co-founder of Mobike, will be the...</p>\n\n<a href=\"https://seekingalpha.com/news/3663807-baidu-picks-ceo-for-electric-car-firm-with-geely\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度"},"source_url":"https://seekingalpha.com/news/3663807-baidu-picks-ceo-for-electric-car-firm-with-geely","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151559124","content_text":"Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car venture withChinese automaker Geely(OTCPK:GELYF)-CNBC.\nXia Yiping, co-founder of Mobike, will be the CEO of the new entity, according to anonymous source.\nXia previously worked at Fiat Chrysler and Ford before he co-founded Mobike, which was eventually acquired by Meituan in 2018.\nLast month, Baidu and Geelyjoined forces to create intelligent EV company.\nBaidu’s push into electric vehicles is an attempt to diversify its business beyond just advertising.\nRecently, Baidu reported anothersolid quarter in Q4, with Core revenue reaching RMB 23.1B ($3.5B), which is up 6% Y/Y and up 8% Q/Q, with latter much higher than flattish or low single-digit growth from Q3.\nNon-advertising revenue was up 52%, reaching 18% of Baidu core revenue, driven by the convergence of AI solutions, cloud services and consumer Internet.\nOn the earnings call, Robin Li revealed that Baidu’s electric car firm hopes to launch its first vehicle within three years.\n\"Right now, the venture is progressing very well. We have a CEO on board, and we have decided on the brand of the new vehicle,\"said Li in Q4 earnings call.","news_type":1},"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385078529,"gmtCreate":1613490904161,"gmtModify":1704881219187,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385078529","repostId":"1108705396","repostType":4,"repost":{"id":"1108705396","pubTimestamp":1613469786,"share":"https://ttm.financial/m/news/1108705396?lang=&edition=fundamental","pubTime":"2021-02-16 18:03","market":"us","language":"en","title":"With Biden going big, Wall Street economists are growing bullish on the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=1108705396","media":"CNN Business","summary":"New York (CNN Business) The Covid-ravaged American economy was on the verge of slipping into a doubl","content":"<p><b>New York (CNN Business) </b>The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying,gridlock paralyzed Washington and millions of families were about to lose crucial benefits.</p>\n<p>Fast forward two months, and the economy is still struggling-- but confidence in the recovery is growing, rapidly.</p>\n<p>Economists are swiftly upgrading their GDP and unemployment forecasts and pulling forward the date when the Federal Reserve will be able to lift rock-bottom interest rates. Goldman Sachs is predicting the US economy will grow at the fastest clip in more than three decades.</p>\n<p>The renewed optimism is being driven by two major factors: the health crisis is easing and Uncle Sam is coming to the rescue with staggering amounts of aid-- hundreds of billions more than seemed to be in the cards just months ago.</p>\n<p>After supplying $4 trillion of relief last year, Washington is expected to pump in another $2 trillion of deficit-financed support in 2021, according to Moody's Analytics. That represents more than a quarter of annual US GDP.</p>\n<p>\"That is a lot of economic juice,\" Mark Zandi, chief economist at Moody's Analytics, told CNN Business.</p>\n<p>The turning point happened last month when Democrats took narrow control of the US Senate by sweeping the runoff races in Georgia. That opened a path for President Joe Biden's $1.9 trillion American Rescue Plan, which features $1,400 stimulus checks, enhanced unemployment benefits and a $350 billion lifeline to state and local governments.</p>\n<p><b>'Summer mini-boom'</b></p>\n<p>Before the Georgia elections, Zandi didn't think the US economy would return to full employment (a strong labor market with 4% unemployment) until the spring or summer of 2023. Now, he expects that achievement to happen next spring, echoing a forecast by Treasury Secretary Janet Yellen.</p>\n<p>\"Super-charged fiscal policy\" means the argument for the US economy growing faster than its peers \"seems to get stronger day-by-day,\" economists at Bank of America wrote in a recent report to clients.</p>\n<p>Oxford Economics chief US economist Gregory Daco is calling for a \"summer mini-boom\" in the United States and 5.9% GDP growth in 2021.</p>\n<p>Likewise, Jefferies economists say \"explosive income growth (courtesy of fiscal stimulus) is likely to propel US GDP 6.4% higher this year and nearly 5% next year.\"</p>\n<p>\"If anything, our forecast might be too conservative,\" Jefferies told clients in a recent note, pointing out that its view incorporates just $1 trillion of the Biden plan.</p>\n<p>Indeed, Goldman Sachs upgraded its 2021 GDP forecast to 6.8% earlier this week because the Wall Street bank now assumes additional fiscal relief of $1.5 trillion, up from $1.1 trillion previously. If Goldman's prediction comes true, it would be the fastest annual GDP growth for the United States since 1989,according to the St. Louis Fed.</p>\n<p>The rosy GDP forecasts are well above what the Federal Reserve is calling for. In December, the Fed expected 2021 GDP growth of just 4.2% and said unemployment wouldn't slip below 4% until 2023.</p>\n<p><b>Double-dip recession averted</b></p>\n<p>The Fed tends to be conservative with its economic forecasts. And, crucially, the Fed forecast was released at a time when political dysfunction in DC was casting a shadow over the US economy.</p>\n<p>For months, Republicans and Democrats tried and failed to reach a deal on extending crucial unemployment and eviction benefits scheduled to lapse and providing more forgivable loans to small businesses. And then when a deal was finally reached, former President Donald Trump threatened to blow it up.</p>\n<p>At the last minute, Trump signed the $900 billion relief package into law, averting economic disaster.</p>\n<p>\"Without that, we would be in a double dip recession,\" said Zandi, the Moody's economist.</p>\n<p>Slammed by the pandemic, the US economy limped to the end of 2020 and started this year slowly. In December, employers cut jobs in for the first time since the spring. And the United States added just 49,000 jobs in January.</p>\n<p>Jobless claims remain alarmingly high. Another 793,000 Americans filed for first time unemployment benefits last week alone. For context, that is above the worst levels of the Great Recession.</p>\n<p><b>Vaccines to the rescue</b></p>\n<p>But there are glimmers of hope on the pandemic. Although Covid deaths remain unthinkably high, hospitalizations and cases have retreated.</p>\n<p>Critically, the rollout of coronavirus vaccines is accelerating. Out of a total of 66 million vaccines distributed, about 70% have been administered, according to Morgan Stanley.</p>\n<p>And Dr. Anthony Fauci, the nation's top infectious disease expert,told NBC News Thursday that the United States may be able to vaccinate most Americans by the middle or end of summer.</p>\n<p>All of this has allowed states including California, New York and New Jersey to relax health restrictions crushing restaurants and other small businesses.</p>\n<p>That's not to say the pandemic is over. In fact,one risk is that new Covid-19 variants force US states and cities to once again tighten health restrictions.</p>\n<p><b>Low-wage workers are still hurting badly</b></p>\n<p>Against this backdrop, many economists are urging Washington to push ahead with plans for aggressive fiscal stimulus.</p>\n<p>\"Foot flat on the accelerator, please,\" Zandi, the Moody's economist said. \"Policymaking 101 says err on the side of doing too much, rather than too little.\"</p>\n<p>Doing too little risks worsening America's inequality problem. That's because this recession, more than prior ones, disproportionately hurt low-income workers in hard-hit sectors such as restaurants, childcare and hospitality.</p>\n<p>Employment levels of low-wage workers (those making less than $27,000 per year) is still down more than 20%, according to the Opportunity Insights Economic tracker. By contrast, employment levels of those making more than $60,000 per year are above pre-crisis levels.</p>\n<p>\"Biden's team is unlikely to break out the champagne over reaching full employment if it isn't evident across income and racial groups,\" economists at Bank of America wrote in a report to clients.</p>\n<p>However, Danielle DiMartino Booth, a former Fed official who is now CEO of Quill Intelligence, worries the focus on providing income, instead of investing in infrastructure and reskilling workers, will make the country addicted to stimulus.</p>\n<p>\"The economy is going to turn into this dependent patient, always waiting for the next injection,\" Booth said.</p>\n<p><b>'Bring it on'</b></p>\n<p>Some economists, including former Treasury Secretary Larry Summers, have warned there is a risk that Washington overheats the economy by injecting too much support.</p>\n<p>\"You could have quite the inflation scare in the next few months that will test the bond market and the Fed,\" Booth said.</p>\n<p>And that in turn would spook the red-hot stock market.</p>\n<p>Fed watchers are moving up their timelines for when the central bank will be able to end its emergency policies.</p>\n<p>Citing \"signs of a firmer inflation outlook,\" Goldman Sachs now expects the Fed to start \"tapering\" its asset purchases in early 2022 and to raise interest rates in the first half of 2024.</p>\n<p>Zandi isn't losing sleep over inflation, mostly because the United States is far from full employment.</p>\n<p>\"It's a vastly overstated worry,\" he said. \"Bring it on. Our biggest problem for more than a decade has been low inflation. Higher inflation would be a high-class problem to have.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>With Biden going big, Wall Street economists are growing bullish on the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 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\">\nWith Biden going big, Wall Street economists are growing bullish on the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 18:03 GMT+8 <a href=https://edition.cnn.com/2021/02/11/economy/economy-jobs-biden-stimulus/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying,gridlock paralyzed Washington and ...</p>\n\n<a href=\"https://edition.cnn.com/2021/02/11/economy/economy-jobs-biden-stimulus/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://edition.cnn.com/2021/02/11/economy/economy-jobs-biden-stimulus/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108705396","content_text":"New York (CNN Business) The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying,gridlock paralyzed Washington and millions of families were about to lose crucial benefits.\nFast forward two months, and the economy is still struggling-- but confidence in the recovery is growing, rapidly.\nEconomists are swiftly upgrading their GDP and unemployment forecasts and pulling forward the date when the Federal Reserve will be able to lift rock-bottom interest rates. Goldman Sachs is predicting the US economy will grow at the fastest clip in more than three decades.\nThe renewed optimism is being driven by two major factors: the health crisis is easing and Uncle Sam is coming to the rescue with staggering amounts of aid-- hundreds of billions more than seemed to be in the cards just months ago.\nAfter supplying $4 trillion of relief last year, Washington is expected to pump in another $2 trillion of deficit-financed support in 2021, according to Moody's Analytics. That represents more than a quarter of annual US GDP.\n\"That is a lot of economic juice,\" Mark Zandi, chief economist at Moody's Analytics, told CNN Business.\nThe turning point happened last month when Democrats took narrow control of the US Senate by sweeping the runoff races in Georgia. That opened a path for President Joe Biden's $1.9 trillion American Rescue Plan, which features $1,400 stimulus checks, enhanced unemployment benefits and a $350 billion lifeline to state and local governments.\n'Summer mini-boom'\nBefore the Georgia elections, Zandi didn't think the US economy would return to full employment (a strong labor market with 4% unemployment) until the spring or summer of 2023. Now, he expects that achievement to happen next spring, echoing a forecast by Treasury Secretary Janet Yellen.\n\"Super-charged fiscal policy\" means the argument for the US economy growing faster than its peers \"seems to get stronger day-by-day,\" economists at Bank of America wrote in a recent report to clients.\nOxford Economics chief US economist Gregory Daco is calling for a \"summer mini-boom\" in the United States and 5.9% GDP growth in 2021.\nLikewise, Jefferies economists say \"explosive income growth (courtesy of fiscal stimulus) is likely to propel US GDP 6.4% higher this year and nearly 5% next year.\"\n\"If anything, our forecast might be too conservative,\" Jefferies told clients in a recent note, pointing out that its view incorporates just $1 trillion of the Biden plan.\nIndeed, Goldman Sachs upgraded its 2021 GDP forecast to 6.8% earlier this week because the Wall Street bank now assumes additional fiscal relief of $1.5 trillion, up from $1.1 trillion previously. If Goldman's prediction comes true, it would be the fastest annual GDP growth for the United States since 1989,according to the St. Louis Fed.\nThe rosy GDP forecasts are well above what the Federal Reserve is calling for. In December, the Fed expected 2021 GDP growth of just 4.2% and said unemployment wouldn't slip below 4% until 2023.\nDouble-dip recession averted\nThe Fed tends to be conservative with its economic forecasts. And, crucially, the Fed forecast was released at a time when political dysfunction in DC was casting a shadow over the US economy.\nFor months, Republicans and Democrats tried and failed to reach a deal on extending crucial unemployment and eviction benefits scheduled to lapse and providing more forgivable loans to small businesses. And then when a deal was finally reached, former President Donald Trump threatened to blow it up.\nAt the last minute, Trump signed the $900 billion relief package into law, averting economic disaster.\n\"Without that, we would be in a double dip recession,\" said Zandi, the Moody's economist.\nSlammed by the pandemic, the US economy limped to the end of 2020 and started this year slowly. In December, employers cut jobs in for the first time since the spring. And the United States added just 49,000 jobs in January.\nJobless claims remain alarmingly high. Another 793,000 Americans filed for first time unemployment benefits last week alone. For context, that is above the worst levels of the Great Recession.\nVaccines to the rescue\nBut there are glimmers of hope on the pandemic. Although Covid deaths remain unthinkably high, hospitalizations and cases have retreated.\nCritically, the rollout of coronavirus vaccines is accelerating. Out of a total of 66 million vaccines distributed, about 70% have been administered, according to Morgan Stanley.\nAnd Dr. Anthony Fauci, the nation's top infectious disease expert,told NBC News Thursday that the United States may be able to vaccinate most Americans by the middle or end of summer.\nAll of this has allowed states including California, New York and New Jersey to relax health restrictions crushing restaurants and other small businesses.\nThat's not to say the pandemic is over. In fact,one risk is that new Covid-19 variants force US states and cities to once again tighten health restrictions.\nLow-wage workers are still hurting badly\nAgainst this backdrop, many economists are urging Washington to push ahead with plans for aggressive fiscal stimulus.\n\"Foot flat on the accelerator, please,\" Zandi, the Moody's economist said. \"Policymaking 101 says err on the side of doing too much, rather than too little.\"\nDoing too little risks worsening America's inequality problem. That's because this recession, more than prior ones, disproportionately hurt low-income workers in hard-hit sectors such as restaurants, childcare and hospitality.\nEmployment levels of low-wage workers (those making less than $27,000 per year) is still down more than 20%, according to the Opportunity Insights Economic tracker. By contrast, employment levels of those making more than $60,000 per year are above pre-crisis levels.\n\"Biden's team is unlikely to break out the champagne over reaching full employment if it isn't evident across income and racial groups,\" economists at Bank of America wrote in a report to clients.\nHowever, Danielle DiMartino Booth, a former Fed official who is now CEO of Quill Intelligence, worries the focus on providing income, instead of investing in infrastructure and reskilling workers, will make the country addicted to stimulus.\n\"The economy is going to turn into this dependent patient, always waiting for the next injection,\" Booth said.\n'Bring it on'\nSome economists, including former Treasury Secretary Larry Summers, have warned there is a risk that Washington overheats the economy by injecting too much support.\n\"You could have quite the inflation scare in the next few months that will test the bond market and the Fed,\" Booth said.\nAnd that in turn would spook the red-hot stock market.\nFed watchers are moving up their timelines for when the central bank will be able to end its emergency policies.\nCiting \"signs of a firmer inflation outlook,\" Goldman Sachs now expects the Fed to start \"tapering\" its asset purchases in early 2022 and to raise interest rates in the first half of 2024.\nZandi isn't losing sleep over inflation, mostly because the United States is far from full employment.\n\"It's a vastly overstated worry,\" he said. \"Bring it on. Our biggest problem for more than a decade has been low inflation. Higher inflation would be a high-class problem to have.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383728883,"gmtCreate":1612895556242,"gmtModify":1704875791183,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Amazon is not going anywhere. ???","listText":"Amazon is not going anywhere. ???","text":"Amazon is not going anywhere. ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383728883","repostId":"1176373590","repostType":4,"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389117299,"gmtCreate":1612721030411,"gmtModify":1704873644038,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"The next tesla is TESLA! ","listText":"The next tesla is TESLA! ","text":"The next tesla is TESLA!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389117299","repostId":"1125684044","repostType":4,"repost":{"id":"1125684044","pubTimestamp":1612493561,"share":"https://ttm.financial/m/news/1125684044?lang=&edition=fundamental","pubTime":"2021-02-05 10:52","market":"us","language":"en","title":"Why has the stock price of small electric vehicles soared recently?","url":"https://stock-news.laohu8.com/highlight/detail?id=1125684044","media":"barrons","summary":"Smaller electric-vehicle names aresoaring again. Good luck trying to find a reason for the big moves","content":"<p>Smaller electric-vehicle names aresoaring again. Good luck trying to find a reason for the big moves.</p><p>Stock incommercial-EV makerWorkhorse Group(ticker: WKHS), for starters, hit a new 52-week high, cracking $41 for the first time and almost hitting $42. Shares are up almost 15% in late Thursday trading.</p><p>Arcimoto(FUV) andElectrameccanica Vehicles(SOLO) makesmaller EVs. That pair is up about 13% and 14%, respectively. Recent gains pushed Arcimoto’s market cap north of $1 billion.</p><p>Canoo(GOEV) is the fourth EV example. Its shares are up more than 12% Thursday.</p><p>There are some relatively new reasons for investors to be more bullish on most of these EV stocks. Canoo, for instance, has beenlinked to reportsof a potentialiCarfromApple(AAPL), though those reports are almost amonth old.</p><p>Workhorse stock also jumped after President Joe Bidenannouncedhis intention to convert the government fleet of vehicles to all EVs. RBC analystJoe Spakpointed out in a recent report that the federal government has more than 645,000 vehicles in its fleet. Still, that announcement came in January.</p><p>So did Arcimoto’s planto buyanother manufacturing facility in Oregon. The company is slated to close on the 185,000-square-foot facility in a few weeks. That deal was announced Jan. 6.</p><p>Electrameccanica news is harder to identify.</p><p>The moves could be aftershocks from theGameStop(GME)short-squeezeearthquake. All four stocks have high short interest—which is essentially the amount of stock borrowed and sold short compared with the amount of stock available for trading.</p><p>There is theTwittereffect to consider too.Tesla(TSLA) bull Ross Gerber tweeted out that he was invested in Arcimoto along with Tesla. Still, that tweet was Tuesday.</p><p><img src=\"https://static.tigerbbs.com/07614b2afc9ee2e3c9dfb06f08126904\" tg-width=\"688\" tg-height=\"749\" referrerpolicy=\"no-referrer\">The rise is probably a combination of all the factors. And the stock price run didn’t start today. The four small-cap EV stocks are up about 28% on average over the past five trading days. TheS&P 500is up only about 2% over the same span. Year to date, the average gain in the small cap EV-four is more than 85%.</p><p>That’s another reason the stocks might be rising: FOMO, or fear of missing out. People are looking and seeing others make money in the names.</p><p>Whatever the reason, the gains demonstrate that investors, and traders, are still hungry to find the next big EV stock—and are hunting in the smaller end of the EV universe to find it.</p><p>Stock in Tesla, the EV giant, is down 0.9% Thursday, to $847 a share. The S&P 500 is up 0.9%.</p>","source":"lsy1601382232898","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>Why has the stock price of small electric vehicles soared recently?</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\">\nWhy has the stock price of small electric vehicles soared recently?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 10:52 GMT+8 <a href=https://www.barrons.com/articles/small-cap-ev-stocks-are-soaring-why-now-51612468752?mod=hp_LEAD_1_B_1><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Smaller electric-vehicle names aresoaring again. Good luck trying to find a reason for the big moves.Stock incommercial-EV makerWorkhorse Group(ticker: WKHS), for starters, hit a new 52-week high, ...</p>\n\n<a href=\"https://www.barrons.com/articles/small-cap-ev-stocks-are-soaring-why-now-51612468752?mod=hp_LEAD_1_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/07614b2afc9ee2e3c9dfb06f08126904","relate_stocks":{"WKHS":"Workhorse Group, Inc."},"source_url":"https://www.barrons.com/articles/small-cap-ev-stocks-are-soaring-why-now-51612468752?mod=hp_LEAD_1_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125684044","content_text":"Smaller electric-vehicle names aresoaring again. Good luck trying to find a reason for the big moves.Stock incommercial-EV makerWorkhorse Group(ticker: WKHS), for starters, hit a new 52-week high, cracking $41 for the first time and almost hitting $42. Shares are up almost 15% in late Thursday trading.Arcimoto(FUV) andElectrameccanica Vehicles(SOLO) makesmaller EVs. That pair is up about 13% and 14%, respectively. Recent gains pushed Arcimoto’s market cap north of $1 billion.Canoo(GOEV) is the fourth EV example. Its shares are up more than 12% Thursday.There are some relatively new reasons for investors to be more bullish on most of these EV stocks. Canoo, for instance, has beenlinked to reportsof a potentialiCarfromApple(AAPL), though those reports are almost amonth old.Workhorse stock also jumped after President Joe Bidenannouncedhis intention to convert the government fleet of vehicles to all EVs. RBC analystJoe Spakpointed out in a recent report that the federal government has more than 645,000 vehicles in its fleet. Still, that announcement came in January.So did Arcimoto’s planto buyanother manufacturing facility in Oregon. The company is slated to close on the 185,000-square-foot facility in a few weeks. That deal was announced Jan. 6.Electrameccanica news is harder to identify.The moves could be aftershocks from theGameStop(GME)short-squeezeearthquake. All four stocks have high short interest—which is essentially the amount of stock borrowed and sold short compared with the amount of stock available for trading.There is theTwittereffect to consider too.Tesla(TSLA) bull Ross Gerber tweeted out that he was invested in Arcimoto along with Tesla. Still, that tweet was Tuesday.The rise is probably a combination of all the factors. And the stock price run didn’t start today. The four small-cap EV stocks are up about 28% on average over the past five trading days. TheS&P 500is up only about 2% over the same span. Year to date, the average gain in the small cap EV-four is more than 85%.That’s another reason the stocks might be rising: FOMO, or fear of missing out. People are looking and seeing others make money in the names.Whatever the reason, the gains demonstrate that investors, and traders, are still hungry to find the next big EV stock—and are hunting in the smaller end of the EV universe to find it.Stock in Tesla, the EV giant, is down 0.9% Thursday, to $847 a share. The S&P 500 is up 0.9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389118778,"gmtCreate":1612717149494,"gmtModify":1704873639187,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Just bought more tesla stocks. DOLLAR COST AVERAGE! ","listText":"Just bought more tesla stocks. DOLLAR COST AVERAGE! ","text":"Just bought more tesla stocks. DOLLAR COST AVERAGE!","images":[{"img":"https://static.tigerbbs.com/aa8e332e000fe73cab14e82133532565","width":"720","height":"2033"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/389118778","isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":389118560,"gmtCreate":1612717042150,"gmtModify":1704873638864,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Hope the switch to renewable happens soon. ","listText":"Hope the switch to renewable happens soon. ","text":"Hope the switch to renewable happens soon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389118560","repostId":"1161551882","repostType":4,"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380114913,"gmtCreate":1612523103832,"gmtModify":1704872334940,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Damn I didn't consider the carbon footprint... Hope we change to renewable energy quickly. ","listText":"Damn I didn't consider the carbon footprint... Hope we change to renewable energy quickly. ","text":"Damn I didn't consider the carbon footprint... Hope we change to renewable energy quickly.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380114913","repostId":"1161551882","repostType":4,"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314472461,"gmtCreate":1612369799653,"gmtModify":1704870420830,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"You know what to do when price drops right? BUY MORE! ","listText":"You know what to do when price drops right? BUY MORE! ","text":"You know what to do when price drops right? BUY MORE!","images":[{"img":"https://static.tigerbbs.com/08786c192594d1f3d55970ca337e5491","width":"720","height":"1975"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/314472461","isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":314966145,"gmtCreate":1612286991287,"gmtModify":1704869437537,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Stonks","listText":"Stonks","text":"Stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314966145","repostId":"1196891088","repostType":4,"repost":{"id":"1196891088","pubTimestamp":1612247473,"share":"https://ttm.financial/m/news/1196891088?lang=&edition=fundamental","pubTime":"2021-02-02 14:31","market":"sg","language":"en","title":"Singapore to grow manufacturing base, attract top industry players: Chan Chun Sing","url":"https://stock-news.laohu8.com/highlight/detail?id=1196891088","media":"straitstimes","summary":"SINGAPORE - Singapore is working to grow its strong manufacturing base and seeks to attract the top ","content":"<p>SINGAPORE - Singapore is working to grow its strong manufacturing base and seeks to attract the top players to anchor their operations here, said Trade and Industry Minister Chan Chun Sing on Monday (Feb 1).</p><p>The manufacturing industry remains a key pillar of Singapore's economy and the Republic wants to build on its existing manufacturing strengths, expanding its capacity and capabilities in emerging areas of growth such as biomedical science, agri-tech, urban mobility and sustainability.</p><p>Speaking to the media after a visit to biotech firm Illumina, Mr Chan said that more good job opportunities will be available for Singaporeans as more leading companies in these segments set up and grow here.</p><p>Since it set up in Singapore in 2008, the company has not only increased its production capacity here but also helped to grow the ecosystem of supporting SMEs, he added.</p><p>Mr Chan said that Illumina represents the type of leading manufacturing firms that Singapore wants to attract, with its 1,300-strong team here producing specialised products such as about 95 per cent of the global demand for microarray bead chips and 85 per cent of global core sequencing consumables, equipment used for disease diagnoses.</p><p>\"This is what we mean by having the sort of companies in Singapore that will make us harder to be displaced from the global production and supply chain. We are not in the mass market whereby we are competing on price.</p><p>\"They are competing on the quality of their ideas, the quality of their research, the quality of their production,\" he said, noting how Illumina plans to continue growing their operations and research teams here.</p><p>The minister highlighted that next-generation manufacturing plants are no longer about working in a dirty, dangerous or repetitive environment.</p><p>\"What we are seeing now are people who are working at the cutting edge of technology in clean rooms, and each and every (one) of the machines is so high-tech that many people will be very impressed with what we are able to do in Singapore.\"</p><p>Mr Chan also outlined on Monday Singapore's three key strategies to position itself as an advanced manufacturing hub - investing in infrastructure, building a strong research ecosystem, and supporting firms in Industry 4.0 transformation projects.</p><p>This comes on the back ofSingapore's new 10-year plan to grow its manufacturing sector 50 per cent by 2030, which was announced in January.</p><p>The sector contributes about 21 per cent of Singapore's total gross domestic product and 12 per cent of its workforce.</p><p>In particular, the development of the Jurong Innovation District advanced manufacturing hub will help provide opportunities for collaboration among industry players and strengthen the links between research, economic activity and skills development.</p><p>The district, the first phase of which is expected to be completed around 2022,attracted about $420 million of investments in 2020from the likes of South Korean carmaker Hyundai Motor Group, Japanese automation firm Fanuc and German machines manufacturer DMG Mori.</p><p>Mr Chan also noted how Singapore has established Centres of Innovation to develop new Industry 4.0 technologies and solutions across advanced manufacturing and new growth areas such as agri-food.</p><p>MORE ON THIS TOPIC10-year plan for Singapore manufacturing to grow 50% by 2030: Chan Chun SingMicron Technology on track to hire 1,500 'high-skilled' staff</p><p>It is also working with the industry to ensure that Singapore's workforce keeps pace with the industry's transformation, such as through the Advanced Manufacturing Training Academy to identify skills needed and to coordinate training efforts in collaboration with institutes of higher learning and training providers.</p><p>Also, Singapore continues to support firms in their transformation efforts, such as through the Smart Industry Readiness Index (Siri), which it is proliferating globally through the WEF-EDB Siri Internationalisation Collaboration.</p><p>This standard can be used by companies to assess and motivate the transformation of large enterprises and small and medium-sized enterprises alike, Mr Chan said.</p><p>\"We have to keep advancing our work, to make sure that we keep pace with the latest demands for the industry in the future.\"</p><p></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>Singapore to grow manufacturing base, attract top industry players: Chan Chun Sing</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; 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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\">\nSingapore to grow manufacturing base, attract top industry players: Chan Chun Sing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-02 14:31 GMT+8 <a href=https://www.straitstimes.com/business/economy/singapore-to-grow-manufacturing-base-attract-top-industry-players-chan-chun-sing><strong>straitstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Singapore is working to grow its strong manufacturing base and seeks to attract the top players to anchor their operations here, said Trade and Industry Minister Chan Chun Sing on Monday (...</p>\n\n<a href=\"https://www.straitstimes.com/business/economy/singapore-to-grow-manufacturing-base-attract-top-industry-players-chan-chun-sing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/39a199af535042dfebd27ef56f398707","relate_stocks":{},"source_url":"https://www.straitstimes.com/business/economy/singapore-to-grow-manufacturing-base-attract-top-industry-players-chan-chun-sing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196891088","content_text":"SINGAPORE - Singapore is working to grow its strong manufacturing base and seeks to attract the top players to anchor their operations here, said Trade and Industry Minister Chan Chun Sing on Monday (Feb 1).The manufacturing industry remains a key pillar of Singapore's economy and the Republic wants to build on its existing manufacturing strengths, expanding its capacity and capabilities in emerging areas of growth such as biomedical science, agri-tech, urban mobility and sustainability.Speaking to the media after a visit to biotech firm Illumina, Mr Chan said that more good job opportunities will be available for Singaporeans as more leading companies in these segments set up and grow here.Since it set up in Singapore in 2008, the company has not only increased its production capacity here but also helped to grow the ecosystem of supporting SMEs, he added.Mr Chan said that Illumina represents the type of leading manufacturing firms that Singapore wants to attract, with its 1,300-strong team here producing specialised products such as about 95 per cent of the global demand for microarray bead chips and 85 per cent of global core sequencing consumables, equipment used for disease diagnoses.\"This is what we mean by having the sort of companies in Singapore that will make us harder to be displaced from the global production and supply chain. We are not in the mass market whereby we are competing on price.\"They are competing on the quality of their ideas, the quality of their research, the quality of their production,\" he said, noting how Illumina plans to continue growing their operations and research teams here.The minister highlighted that next-generation manufacturing plants are no longer about working in a dirty, dangerous or repetitive environment.\"What we are seeing now are people who are working at the cutting edge of technology in clean rooms, and each and every (one) of the machines is so high-tech that many people will be very impressed with what we are able to do in Singapore.\"Mr Chan also outlined on Monday Singapore's three key strategies to position itself as an advanced manufacturing hub - investing in infrastructure, building a strong research ecosystem, and supporting firms in Industry 4.0 transformation projects.This comes on the back ofSingapore's new 10-year plan to grow its manufacturing sector 50 per cent by 2030, which was announced in January.The sector contributes about 21 per cent of Singapore's total gross domestic product and 12 per cent of its workforce.In particular, the development of the Jurong Innovation District advanced manufacturing hub will help provide opportunities for collaboration among industry players and strengthen the links between research, economic activity and skills development.The district, the first phase of which is expected to be completed around 2022,attracted about $420 million of investments in 2020from the likes of South Korean carmaker Hyundai Motor Group, Japanese automation firm Fanuc and German machines manufacturer DMG Mori.Mr Chan also noted how Singapore has established Centres of Innovation to develop new Industry 4.0 technologies and solutions across advanced manufacturing and new growth areas such as agri-food.MORE ON THIS TOPIC10-year plan for Singapore manufacturing to grow 50% by 2030: Chan Chun SingMicron Technology on track to hire 1,500 'high-skilled' staffIt is also working with the industry to ensure that Singapore's workforce keeps pace with the industry's transformation, such as through the Advanced Manufacturing Training Academy to identify skills needed and to coordinate training efforts in collaboration with institutes of higher learning and training providers.Also, Singapore continues to support firms in their transformation efforts, such as through the Smart Industry Readiness Index (Siri), which it is proliferating globally through the WEF-EDB Siri Internationalisation Collaboration.This standard can be used by companies to assess and motivate the transformation of large enterprises and small and medium-sized enterprises alike, Mr Chan said.\"We have to keep advancing our work, to make sure that we keep pace with the latest demands for the industry in the future.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314963868,"gmtCreate":1612286677954,"gmtModify":1704869433277,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Tesla is going strong! DOLLAR COST AVERAGE","listText":"Tesla is going strong! DOLLAR COST AVERAGE","text":"Tesla is going strong! DOLLAR COST AVERAGE","images":[{"img":"https://static.tigerbbs.com/dac8d1f0b45cc2ae7dfa4c2e9f20dae3","width":"720","height":"1975"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/314963868","isVote":1,"tweetType":1,"viewCount":752,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":314960361,"gmtCreate":1612286347053,"gmtModify":1704869430521,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Hold the line! ","listText":"Hold the line! ","text":"Hold the line!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/314960361","repostId":"1113195747","repostType":4,"repost":{"id":"1113195747","pubTimestamp":1612259771,"share":"https://ttm.financial/m/news/1113195747?lang=&edition=fundamental","pubTime":"2021-02-02 17:56","market":"fut","language":"en","title":"Gamestop, silver spot down, \"farce\" is slowly ending?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113195747","media":"reuters","summary":"SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a s","content":"<p>SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started to show signs of fizzling out.</p>\n<p>GameStop’s Frankfurt-listed shares were down 30% from Monday’s close at 143 euros ($172.72) in early trade on Tuesday, after the firm’s stock closed at $225 in U.S. markets. It fell 23% to $173 in pre-market U.S. trade.</p>\n<p>Spot silver prices fell more than 4% to $27.66 an ounce to sit some 8% beneath the eight-year high made on Monday, when retail traders bought coins and piled into silver funds to set prices spiking.</p>\n<p>Analysts said the silver pullback may show the limits of small investors’ impact in a large market, while posts on the popular Reddit forum WallStreetBets expressed concern that silver buying could cost traders their grip on some stocks.</p>\n<p>The social media-driven trading frenzy “could be slowly ending”, said OANDA market analyst Edward Moya. “Like all good rollercoaster rides, they all come to an end.”</p>\n<p>Retail buyers’ darling GameStop Corp dropped 30.8% on Monday, though it remains about 1,000% higher than a couple of weeks ago, before an organised band of small buyers piled in and forced a “squeeze” which required big funds to close short positions by buying shares at very high prices.</p>\n<p>Other shares caught up in a frenzy that has battered short-sellers extended their advance, including BlackBerry Ltd.</p>\n<p>Online broker Robinhood, on whose platform much of the buying and selling has taken place, also raised another $2.4 billion from shareholders just days after investors pumped in $1 billion.</p>\n<p>“It certainly feels like there’s some evidence of peak retail stall, but hard to gauge since they’re still sitting on decent profits,” said Mirabaud’s London-based equity sales trader Mark Taylor.</p>\n<p>“With volumes in all the hot stocks collapsing, silver attack met by margin, Robinhood having to seek fresh collateral at a rampant speed, the signals that the retail mania could unravel rapidly are aligning.”</p>\n<p>Small traders’ involvement in financial markets has grown sharply over the past year as lockdowns, volatility and stimulus cheques have combined to drive an investment surge that has turbocharged a huge rally in global equities since last March.</p>\n<p>Day-trading mania has boosted the price of assets ranging from cryptocurrencies to new stock market listings. In London a sign of still-strong demand came from online greeting-card retailer Moonpig, which leapt 25% on debut on Tuesday.</p>\n<p>The showdown between short-selling hedge funds and the small-time day traders also has also drawn scrutiny from financial regulators, lawmakers and the White House, concerned about possible market manipulation.</p>\n<p>Robinhood continued to roll back trading curbs on Monday, raising trading limits on GameStop to 20 shares from four.</p>\n<p>Weak prices in pre-market trade may serve as a guide to where the phenomenon is headed next, although broader markets appeared to be moving on from jitters the frenzied buying had triggered and equities in Asia rose broadly on stimulus hopes. [MKTS/GLOB]</p>\n<p>The number of shorted GameStop shares has fallen by more than half in a week, analytics firm S3 Partners said on Monday, although the videogame retailer remained the sixth-biggest short by value.</p>\n<p>“Short-squeeze mania has calmed a bit for this week,” said Chris Brankin, chief executive of broker TD Ameritrade in Singapore.</p>\n<p>QUICKSILVER</p>\n<p>Silver’s slumping spot price on Tuesday came even as dealers reported brisk trade in Asia, albeit below Monday’s massive volumes, suggesting a further squeeze higher might be unlikely.</p>\n<p>A lot of people who were anticipating a GameStop-like rally in silver “now realize there is not as much buying pressure pushing it up” as some had thought, said Michael Matousek, head trader at U.S. Global Investors.</p>\n<p>An additional drag on prices was an overnight margin hike by the Chicago Mercantile Exchange, which makes speculative trade using derivatives products more expensive.</p>\n<p>“Silver is much more liquid compared to stocks, and there are costs to holding the metal,” said Benjamin Yeo, head of dealing at Phillip Futures in Singapore, where on Monday silver futures volumes had been surging.</p>\n<p>“In the short term, we can expect more volatility from the retail buying interest, but do not think it is sustainable.”</p>\n<p>The unit price of Australia’s ETF Securities’ Physical Silver fund fell 1% in Sydney after drawing a record A$76 million ($58 million) in inflows on Monday. Small silver miners, which had leapt, also retraced some of their gains.</p>\n<p>“It is slowing down a bit,” said Gregor Gregersen, founder of Silver Bullion, a dealer in Singapore, after a wild 24 hours where he said sales exceeded average monthly levels from 2018 and orders above S$35,000 ($26,300) arrived every three minutes.</p>\n<p>Reddit moderators had on Tuesday removed one of the most popular posts suggesting buying silver and many WallStreetBets posts focused on riding out the volatility.</p>\n<p>“WHO IS HOLDING GME WITH ME?” read one top post. “I’M HOLDING EVEN IF MY PORTFOLIO GOES DOWN TO ZERO,” read another.</p>\n<p>($1 = 0.8280 euros)</p>\n<p>($1 = 1.3108 Australian dollars)</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>Gamestop, silver spot down, \"farce\" is slowly ending?</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\">\nGamestop, silver spot down, \"farce\" is slowly ending?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-02 17:56 GMT+8 <a href=https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started...</p>\n\n<a href=\"https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3780c78c8bb55dbf0b4bcd80ffe89707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113195747","content_text":"SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started to show signs of fizzling out.\nGameStop’s Frankfurt-listed shares were down 30% from Monday’s close at 143 euros ($172.72) in early trade on Tuesday, after the firm’s stock closed at $225 in U.S. markets. It fell 23% to $173 in pre-market U.S. trade.\nSpot silver prices fell more than 4% to $27.66 an ounce to sit some 8% beneath the eight-year high made on Monday, when retail traders bought coins and piled into silver funds to set prices spiking.\nAnalysts said the silver pullback may show the limits of small investors’ impact in a large market, while posts on the popular Reddit forum WallStreetBets expressed concern that silver buying could cost traders their grip on some stocks.\nThe social media-driven trading frenzy “could be slowly ending”, said OANDA market analyst Edward Moya. “Like all good rollercoaster rides, they all come to an end.”\nRetail buyers’ darling GameStop Corp dropped 30.8% on Monday, though it remains about 1,000% higher than a couple of weeks ago, before an organised band of small buyers piled in and forced a “squeeze” which required big funds to close short positions by buying shares at very high prices.\nOther shares caught up in a frenzy that has battered short-sellers extended their advance, including BlackBerry Ltd.\nOnline broker Robinhood, on whose platform much of the buying and selling has taken place, also raised another $2.4 billion from shareholders just days after investors pumped in $1 billion.\n“It certainly feels like there’s some evidence of peak retail stall, but hard to gauge since they’re still sitting on decent profits,” said Mirabaud’s London-based equity sales trader Mark Taylor.\n“With volumes in all the hot stocks collapsing, silver attack met by margin, Robinhood having to seek fresh collateral at a rampant speed, the signals that the retail mania could unravel rapidly are aligning.”\nSmall traders’ involvement in financial markets has grown sharply over the past year as lockdowns, volatility and stimulus cheques have combined to drive an investment surge that has turbocharged a huge rally in global equities since last March.\nDay-trading mania has boosted the price of assets ranging from cryptocurrencies to new stock market listings. In London a sign of still-strong demand came from online greeting-card retailer Moonpig, which leapt 25% on debut on Tuesday.\nThe showdown between short-selling hedge funds and the small-time day traders also has also drawn scrutiny from financial regulators, lawmakers and the White House, concerned about possible market manipulation.\nRobinhood continued to roll back trading curbs on Monday, raising trading limits on GameStop to 20 shares from four.\nWeak prices in pre-market trade may serve as a guide to where the phenomenon is headed next, although broader markets appeared to be moving on from jitters the frenzied buying had triggered and equities in Asia rose broadly on stimulus hopes. [MKTS/GLOB]\nThe number of shorted GameStop shares has fallen by more than half in a week, analytics firm S3 Partners said on Monday, although the videogame retailer remained the sixth-biggest short by value.\n“Short-squeeze mania has calmed a bit for this week,” said Chris Brankin, chief executive of broker TD Ameritrade in Singapore.\nQUICKSILVER\nSilver’s slumping spot price on Tuesday came even as dealers reported brisk trade in Asia, albeit below Monday’s massive volumes, suggesting a further squeeze higher might be unlikely.\nA lot of people who were anticipating a GameStop-like rally in silver “now realize there is not as much buying pressure pushing it up” as some had thought, said Michael Matousek, head trader at U.S. Global Investors.\nAn additional drag on prices was an overnight margin hike by the Chicago Mercantile Exchange, which makes speculative trade using derivatives products more expensive.\n“Silver is much more liquid compared to stocks, and there are costs to holding the metal,” said Benjamin Yeo, head of dealing at Phillip Futures in Singapore, where on Monday silver futures volumes had been surging.\n“In the short term, we can expect more volatility from the retail buying interest, but do not think it is sustainable.”\nThe unit price of Australia’s ETF Securities’ Physical Silver fund fell 1% in Sydney after drawing a record A$76 million ($58 million) in inflows on Monday. Small silver miners, which had leapt, also retraced some of their gains.\n“It is slowing down a bit,” said Gregor Gregersen, founder of Silver Bullion, a dealer in Singapore, after a wild 24 hours where he said sales exceeded average monthly levels from 2018 and orders above S$35,000 ($26,300) arrived every three minutes.\nReddit moderators had on Tuesday removed one of the most popular posts suggesting buying silver and many WallStreetBets posts focused on riding out the volatility.\n“WHO IS HOLDING GME WITH ME?” read one top post. “I’M HOLDING EVEN IF MY PORTFOLIO GOES DOWN TO ZERO,” read another.\n($1 = 0.8280 euros)\n($1 = 1.3108 Australian dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":159,"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 you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":314963868,"gmtCreate":1612286677954,"gmtModify":1704869433277,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Tesla is going strong! DOLLAR COST AVERAGE","listText":"Tesla is going strong! DOLLAR COST AVERAGE","text":"Tesla is going strong! DOLLAR COST AVERAGE","images":[{"img":"https://static.tigerbbs.com/dac8d1f0b45cc2ae7dfa4c2e9f20dae3","width":"720","height":"1975"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/314963868","isVote":1,"tweetType":1,"viewCount":752,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":314960361,"gmtCreate":1612286347053,"gmtModify":1704869430521,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Hold the line! ","listText":"Hold the line! ","text":"Hold the line!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/314960361","repostId":"1113195747","repostType":4,"repost":{"id":"1113195747","pubTimestamp":1612259771,"share":"https://ttm.financial/m/news/1113195747?lang=&edition=fundamental","pubTime":"2021-02-02 17:56","market":"fut","language":"en","title":"Gamestop, silver spot down, \"farce\" is slowly ending?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113195747","media":"reuters","summary":"SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a s","content":"<p>SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started to show signs of fizzling out.</p>\n<p>GameStop’s Frankfurt-listed shares were down 30% from Monday’s close at 143 euros ($172.72) in early trade on Tuesday, after the firm’s stock closed at $225 in U.S. markets. It fell 23% to $173 in pre-market U.S. trade.</p>\n<p>Spot silver prices fell more than 4% to $27.66 an ounce to sit some 8% beneath the eight-year high made on Monday, when retail traders bought coins and piled into silver funds to set prices spiking.</p>\n<p>Analysts said the silver pullback may show the limits of small investors’ impact in a large market, while posts on the popular Reddit forum WallStreetBets expressed concern that silver buying could cost traders their grip on some stocks.</p>\n<p>The social media-driven trading frenzy “could be slowly ending”, said OANDA market analyst Edward Moya. “Like all good rollercoaster rides, they all come to an end.”</p>\n<p>Retail buyers’ darling GameStop Corp dropped 30.8% on Monday, though it remains about 1,000% higher than a couple of weeks ago, before an organised band of small buyers piled in and forced a “squeeze” which required big funds to close short positions by buying shares at very high prices.</p>\n<p>Other shares caught up in a frenzy that has battered short-sellers extended their advance, including BlackBerry Ltd.</p>\n<p>Online broker Robinhood, on whose platform much of the buying and selling has taken place, also raised another $2.4 billion from shareholders just days after investors pumped in $1 billion.</p>\n<p>“It certainly feels like there’s some evidence of peak retail stall, but hard to gauge since they’re still sitting on decent profits,” said Mirabaud’s London-based equity sales trader Mark Taylor.</p>\n<p>“With volumes in all the hot stocks collapsing, silver attack met by margin, Robinhood having to seek fresh collateral at a rampant speed, the signals that the retail mania could unravel rapidly are aligning.”</p>\n<p>Small traders’ involvement in financial markets has grown sharply over the past year as lockdowns, volatility and stimulus cheques have combined to drive an investment surge that has turbocharged a huge rally in global equities since last March.</p>\n<p>Day-trading mania has boosted the price of assets ranging from cryptocurrencies to new stock market listings. In London a sign of still-strong demand came from online greeting-card retailer Moonpig, which leapt 25% on debut on Tuesday.</p>\n<p>The showdown between short-selling hedge funds and the small-time day traders also has also drawn scrutiny from financial regulators, lawmakers and the White House, concerned about possible market manipulation.</p>\n<p>Robinhood continued to roll back trading curbs on Monday, raising trading limits on GameStop to 20 shares from four.</p>\n<p>Weak prices in pre-market trade may serve as a guide to where the phenomenon is headed next, although broader markets appeared to be moving on from jitters the frenzied buying had triggered and equities in Asia rose broadly on stimulus hopes. [MKTS/GLOB]</p>\n<p>The number of shorted GameStop shares has fallen by more than half in a week, analytics firm S3 Partners said on Monday, although the videogame retailer remained the sixth-biggest short by value.</p>\n<p>“Short-squeeze mania has calmed a bit for this week,” said Chris Brankin, chief executive of broker TD Ameritrade in Singapore.</p>\n<p>QUICKSILVER</p>\n<p>Silver’s slumping spot price on Tuesday came even as dealers reported brisk trade in Asia, albeit below Monday’s massive volumes, suggesting a further squeeze higher might be unlikely.</p>\n<p>A lot of people who were anticipating a GameStop-like rally in silver “now realize there is not as much buying pressure pushing it up” as some had thought, said Michael Matousek, head trader at U.S. Global Investors.</p>\n<p>An additional drag on prices was an overnight margin hike by the Chicago Mercantile Exchange, which makes speculative trade using derivatives products more expensive.</p>\n<p>“Silver is much more liquid compared to stocks, and there are costs to holding the metal,” said Benjamin Yeo, head of dealing at Phillip Futures in Singapore, where on Monday silver futures volumes had been surging.</p>\n<p>“In the short term, we can expect more volatility from the retail buying interest, but do not think it is sustainable.”</p>\n<p>The unit price of Australia’s ETF Securities’ Physical Silver fund fell 1% in Sydney after drawing a record A$76 million ($58 million) in inflows on Monday. Small silver miners, which had leapt, also retraced some of their gains.</p>\n<p>“It is slowing down a bit,” said Gregor Gregersen, founder of Silver Bullion, a dealer in Singapore, after a wild 24 hours where he said sales exceeded average monthly levels from 2018 and orders above S$35,000 ($26,300) arrived every three minutes.</p>\n<p>Reddit moderators had on Tuesday removed one of the most popular posts suggesting buying silver and many WallStreetBets posts focused on riding out the volatility.</p>\n<p>“WHO IS HOLDING GME WITH ME?” read one top post. “I’M HOLDING EVEN IF MY PORTFOLIO GOES DOWN TO ZERO,” read another.</p>\n<p>($1 = 0.8280 euros)</p>\n<p>($1 = 1.3108 Australian dollars)</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>Gamestop, silver spot down, \"farce\" is slowly ending?</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\">\nGamestop, silver spot down, \"farce\" is slowly ending?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-02 17:56 GMT+8 <a href=https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started...</p>\n\n<a href=\"https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3780c78c8bb55dbf0b4bcd80ffe89707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113195747","content_text":"SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started to show signs of fizzling out.\nGameStop’s Frankfurt-listed shares were down 30% from Monday’s close at 143 euros ($172.72) in early trade on Tuesday, after the firm’s stock closed at $225 in U.S. markets. It fell 23% to $173 in pre-market U.S. trade.\nSpot silver prices fell more than 4% to $27.66 an ounce to sit some 8% beneath the eight-year high made on Monday, when retail traders bought coins and piled into silver funds to set prices spiking.\nAnalysts said the silver pullback may show the limits of small investors’ impact in a large market, while posts on the popular Reddit forum WallStreetBets expressed concern that silver buying could cost traders their grip on some stocks.\nThe social media-driven trading frenzy “could be slowly ending”, said OANDA market analyst Edward Moya. “Like all good rollercoaster rides, they all come to an end.”\nRetail buyers’ darling GameStop Corp dropped 30.8% on Monday, though it remains about 1,000% higher than a couple of weeks ago, before an organised band of small buyers piled in and forced a “squeeze” which required big funds to close short positions by buying shares at very high prices.\nOther shares caught up in a frenzy that has battered short-sellers extended their advance, including BlackBerry Ltd.\nOnline broker Robinhood, on whose platform much of the buying and selling has taken place, also raised another $2.4 billion from shareholders just days after investors pumped in $1 billion.\n“It certainly feels like there’s some evidence of peak retail stall, but hard to gauge since they’re still sitting on decent profits,” said Mirabaud’s London-based equity sales trader Mark Taylor.\n“With volumes in all the hot stocks collapsing, silver attack met by margin, Robinhood having to seek fresh collateral at a rampant speed, the signals that the retail mania could unravel rapidly are aligning.”\nSmall traders’ involvement in financial markets has grown sharply over the past year as lockdowns, volatility and stimulus cheques have combined to drive an investment surge that has turbocharged a huge rally in global equities since last March.\nDay-trading mania has boosted the price of assets ranging from cryptocurrencies to new stock market listings. In London a sign of still-strong demand came from online greeting-card retailer Moonpig, which leapt 25% on debut on Tuesday.\nThe showdown between short-selling hedge funds and the small-time day traders also has also drawn scrutiny from financial regulators, lawmakers and the White House, concerned about possible market manipulation.\nRobinhood continued to roll back trading curbs on Monday, raising trading limits on GameStop to 20 shares from four.\nWeak prices in pre-market trade may serve as a guide to where the phenomenon is headed next, although broader markets appeared to be moving on from jitters the frenzied buying had triggered and equities in Asia rose broadly on stimulus hopes. [MKTS/GLOB]\nThe number of shorted GameStop shares has fallen by more than half in a week, analytics firm S3 Partners said on Monday, although the videogame retailer remained the sixth-biggest short by value.\n“Short-squeeze mania has calmed a bit for this week,” said Chris Brankin, chief executive of broker TD Ameritrade in Singapore.\nQUICKSILVER\nSilver’s slumping spot price on Tuesday came even as dealers reported brisk trade in Asia, albeit below Monday’s massive volumes, suggesting a further squeeze higher might be unlikely.\nA lot of people who were anticipating a GameStop-like rally in silver “now realize there is not as much buying pressure pushing it up” as some had thought, said Michael Matousek, head trader at U.S. Global Investors.\nAn additional drag on prices was an overnight margin hike by the Chicago Mercantile Exchange, which makes speculative trade using derivatives products more expensive.\n“Silver is much more liquid compared to stocks, and there are costs to holding the metal,” said Benjamin Yeo, head of dealing at Phillip Futures in Singapore, where on Monday silver futures volumes had been surging.\n“In the short term, we can expect more volatility from the retail buying interest, but do not think it is sustainable.”\nThe unit price of Australia’s ETF Securities’ Physical Silver fund fell 1% in Sydney after drawing a record A$76 million ($58 million) in inflows on Monday. Small silver miners, which had leapt, also retraced some of their gains.\n“It is slowing down a bit,” said Gregor Gregersen, founder of Silver Bullion, a dealer in Singapore, after a wild 24 hours where he said sales exceeded average monthly levels from 2018 and orders above S$35,000 ($26,300) arrived every three minutes.\nReddit moderators had on Tuesday removed one of the most popular posts suggesting buying silver and many WallStreetBets posts focused on riding out the volatility.\n“WHO IS HOLDING GME WITH ME?” read one top post. “I’M HOLDING EVEN IF MY PORTFOLIO GOES DOWN TO ZERO,” read another.\n($1 = 0.8280 euros)\n($1 = 1.3108 Australian dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":159,"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 you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389118778,"gmtCreate":1612717149494,"gmtModify":1704873639187,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Just bought more tesla stocks. DOLLAR COST AVERAGE! ","listText":"Just bought more tesla stocks. DOLLAR COST AVERAGE! ","text":"Just bought more tesla stocks. DOLLAR COST AVERAGE!","images":[{"img":"https://static.tigerbbs.com/aa8e332e000fe73cab14e82133532565","width":"720","height":"2033"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/389118778","isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":314472461,"gmtCreate":1612369799653,"gmtModify":1704870420830,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"You know what to do when price drops right? BUY MORE! ","listText":"You know what to do when price drops right? BUY MORE! ","text":"You know what to do when price drops right? BUY MORE!","images":[{"img":"https://static.tigerbbs.com/08786c192594d1f3d55970ca337e5491","width":"720","height":"1975"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/314472461","isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":385078529,"gmtCreate":1613490904161,"gmtModify":1704881219187,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385078529","repostId":"1108705396","repostType":4,"repost":{"id":"1108705396","pubTimestamp":1613469786,"share":"https://ttm.financial/m/news/1108705396?lang=&edition=fundamental","pubTime":"2021-02-16 18:03","market":"us","language":"en","title":"With Biden going big, Wall Street economists are growing bullish on the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=1108705396","media":"CNN Business","summary":"New York (CNN Business) The Covid-ravaged American economy was on the verge of slipping into a doubl","content":"<p><b>New York (CNN Business) </b>The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying,gridlock paralyzed Washington and millions of families were about to lose crucial benefits.</p>\n<p>Fast forward two months, and the economy is still struggling-- but confidence in the recovery is growing, rapidly.</p>\n<p>Economists are swiftly upgrading their GDP and unemployment forecasts and pulling forward the date when the Federal Reserve will be able to lift rock-bottom interest rates. Goldman Sachs is predicting the US economy will grow at the fastest clip in more than three decades.</p>\n<p>The renewed optimism is being driven by two major factors: the health crisis is easing and Uncle Sam is coming to the rescue with staggering amounts of aid-- hundreds of billions more than seemed to be in the cards just months ago.</p>\n<p>After supplying $4 trillion of relief last year, Washington is expected to pump in another $2 trillion of deficit-financed support in 2021, according to Moody's Analytics. That represents more than a quarter of annual US GDP.</p>\n<p>\"That is a lot of economic juice,\" Mark Zandi, chief economist at Moody's Analytics, told CNN Business.</p>\n<p>The turning point happened last month when Democrats took narrow control of the US Senate by sweeping the runoff races in Georgia. That opened a path for President Joe Biden's $1.9 trillion American Rescue Plan, which features $1,400 stimulus checks, enhanced unemployment benefits and a $350 billion lifeline to state and local governments.</p>\n<p><b>'Summer mini-boom'</b></p>\n<p>Before the Georgia elections, Zandi didn't think the US economy would return to full employment (a strong labor market with 4% unemployment) until the spring or summer of 2023. Now, he expects that achievement to happen next spring, echoing a forecast by Treasury Secretary Janet Yellen.</p>\n<p>\"Super-charged fiscal policy\" means the argument for the US economy growing faster than its peers \"seems to get stronger day-by-day,\" economists at Bank of America wrote in a recent report to clients.</p>\n<p>Oxford Economics chief US economist Gregory Daco is calling for a \"summer mini-boom\" in the United States and 5.9% GDP growth in 2021.</p>\n<p>Likewise, Jefferies economists say \"explosive income growth (courtesy of fiscal stimulus) is likely to propel US GDP 6.4% higher this year and nearly 5% next year.\"</p>\n<p>\"If anything, our forecast might be too conservative,\" Jefferies told clients in a recent note, pointing out that its view incorporates just $1 trillion of the Biden plan.</p>\n<p>Indeed, Goldman Sachs upgraded its 2021 GDP forecast to 6.8% earlier this week because the Wall Street bank now assumes additional fiscal relief of $1.5 trillion, up from $1.1 trillion previously. If Goldman's prediction comes true, it would be the fastest annual GDP growth for the United States since 1989,according to the St. Louis Fed.</p>\n<p>The rosy GDP forecasts are well above what the Federal Reserve is calling for. In December, the Fed expected 2021 GDP growth of just 4.2% and said unemployment wouldn't slip below 4% until 2023.</p>\n<p><b>Double-dip recession averted</b></p>\n<p>The Fed tends to be conservative with its economic forecasts. And, crucially, the Fed forecast was released at a time when political dysfunction in DC was casting a shadow over the US economy.</p>\n<p>For months, Republicans and Democrats tried and failed to reach a deal on extending crucial unemployment and eviction benefits scheduled to lapse and providing more forgivable loans to small businesses. And then when a deal was finally reached, former President Donald Trump threatened to blow it up.</p>\n<p>At the last minute, Trump signed the $900 billion relief package into law, averting economic disaster.</p>\n<p>\"Without that, we would be in a double dip recession,\" said Zandi, the Moody's economist.</p>\n<p>Slammed by the pandemic, the US economy limped to the end of 2020 and started this year slowly. In December, employers cut jobs in for the first time since the spring. And the United States added just 49,000 jobs in January.</p>\n<p>Jobless claims remain alarmingly high. Another 793,000 Americans filed for first time unemployment benefits last week alone. For context, that is above the worst levels of the Great Recession.</p>\n<p><b>Vaccines to the rescue</b></p>\n<p>But there are glimmers of hope on the pandemic. Although Covid deaths remain unthinkably high, hospitalizations and cases have retreated.</p>\n<p>Critically, the rollout of coronavirus vaccines is accelerating. Out of a total of 66 million vaccines distributed, about 70% have been administered, according to Morgan Stanley.</p>\n<p>And Dr. Anthony Fauci, the nation's top infectious disease expert,told NBC News Thursday that the United States may be able to vaccinate most Americans by the middle or end of summer.</p>\n<p>All of this has allowed states including California, New York and New Jersey to relax health restrictions crushing restaurants and other small businesses.</p>\n<p>That's not to say the pandemic is over. In fact,one risk is that new Covid-19 variants force US states and cities to once again tighten health restrictions.</p>\n<p><b>Low-wage workers are still hurting badly</b></p>\n<p>Against this backdrop, many economists are urging Washington to push ahead with plans for aggressive fiscal stimulus.</p>\n<p>\"Foot flat on the accelerator, please,\" Zandi, the Moody's economist said. \"Policymaking 101 says err on the side of doing too much, rather than too little.\"</p>\n<p>Doing too little risks worsening America's inequality problem. That's because this recession, more than prior ones, disproportionately hurt low-income workers in hard-hit sectors such as restaurants, childcare and hospitality.</p>\n<p>Employment levels of low-wage workers (those making less than $27,000 per year) is still down more than 20%, according to the Opportunity Insights Economic tracker. By contrast, employment levels of those making more than $60,000 per year are above pre-crisis levels.</p>\n<p>\"Biden's team is unlikely to break out the champagne over reaching full employment if it isn't evident across income and racial groups,\" economists at Bank of America wrote in a report to clients.</p>\n<p>However, Danielle DiMartino Booth, a former Fed official who is now CEO of Quill Intelligence, worries the focus on providing income, instead of investing in infrastructure and reskilling workers, will make the country addicted to stimulus.</p>\n<p>\"The economy is going to turn into this dependent patient, always waiting for the next injection,\" Booth said.</p>\n<p><b>'Bring it on'</b></p>\n<p>Some economists, including former Treasury Secretary Larry Summers, have warned there is a risk that Washington overheats the economy by injecting too much support.</p>\n<p>\"You could have quite the inflation scare in the next few months that will test the bond market and the Fed,\" Booth said.</p>\n<p>And that in turn would spook the red-hot stock market.</p>\n<p>Fed watchers are moving up their timelines for when the central bank will be able to end its emergency policies.</p>\n<p>Citing \"signs of a firmer inflation outlook,\" Goldman Sachs now expects the Fed to start \"tapering\" its asset purchases in early 2022 and to raise interest rates in the first half of 2024.</p>\n<p>Zandi isn't losing sleep over inflation, mostly because the United States is far from full employment.</p>\n<p>\"It's a vastly overstated worry,\" he said. \"Bring it on. Our biggest problem for more than a decade has been low inflation. Higher inflation would be a high-class problem to have.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>With Biden going big, Wall Street economists are growing bullish on the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 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\">\nWith Biden going big, Wall Street economists are growing bullish on the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 18:03 GMT+8 <a href=https://edition.cnn.com/2021/02/11/economy/economy-jobs-biden-stimulus/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying,gridlock paralyzed Washington and ...</p>\n\n<a href=\"https://edition.cnn.com/2021/02/11/economy/economy-jobs-biden-stimulus/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://edition.cnn.com/2021/02/11/economy/economy-jobs-biden-stimulus/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108705396","content_text":"New York (CNN Business) The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying,gridlock paralyzed Washington and millions of families were about to lose crucial benefits.\nFast forward two months, and the economy is still struggling-- but confidence in the recovery is growing, rapidly.\nEconomists are swiftly upgrading their GDP and unemployment forecasts and pulling forward the date when the Federal Reserve will be able to lift rock-bottom interest rates. Goldman Sachs is predicting the US economy will grow at the fastest clip in more than three decades.\nThe renewed optimism is being driven by two major factors: the health crisis is easing and Uncle Sam is coming to the rescue with staggering amounts of aid-- hundreds of billions more than seemed to be in the cards just months ago.\nAfter supplying $4 trillion of relief last year, Washington is expected to pump in another $2 trillion of deficit-financed support in 2021, according to Moody's Analytics. That represents more than a quarter of annual US GDP.\n\"That is a lot of economic juice,\" Mark Zandi, chief economist at Moody's Analytics, told CNN Business.\nThe turning point happened last month when Democrats took narrow control of the US Senate by sweeping the runoff races in Georgia. That opened a path for President Joe Biden's $1.9 trillion American Rescue Plan, which features $1,400 stimulus checks, enhanced unemployment benefits and a $350 billion lifeline to state and local governments.\n'Summer mini-boom'\nBefore the Georgia elections, Zandi didn't think the US economy would return to full employment (a strong labor market with 4% unemployment) until the spring or summer of 2023. Now, he expects that achievement to happen next spring, echoing a forecast by Treasury Secretary Janet Yellen.\n\"Super-charged fiscal policy\" means the argument for the US economy growing faster than its peers \"seems to get stronger day-by-day,\" economists at Bank of America wrote in a recent report to clients.\nOxford Economics chief US economist Gregory Daco is calling for a \"summer mini-boom\" in the United States and 5.9% GDP growth in 2021.\nLikewise, Jefferies economists say \"explosive income growth (courtesy of fiscal stimulus) is likely to propel US GDP 6.4% higher this year and nearly 5% next year.\"\n\"If anything, our forecast might be too conservative,\" Jefferies told clients in a recent note, pointing out that its view incorporates just $1 trillion of the Biden plan.\nIndeed, Goldman Sachs upgraded its 2021 GDP forecast to 6.8% earlier this week because the Wall Street bank now assumes additional fiscal relief of $1.5 trillion, up from $1.1 trillion previously. If Goldman's prediction comes true, it would be the fastest annual GDP growth for the United States since 1989,according to the St. Louis Fed.\nThe rosy GDP forecasts are well above what the Federal Reserve is calling for. In December, the Fed expected 2021 GDP growth of just 4.2% and said unemployment wouldn't slip below 4% until 2023.\nDouble-dip recession averted\nThe Fed tends to be conservative with its economic forecasts. And, crucially, the Fed forecast was released at a time when political dysfunction in DC was casting a shadow over the US economy.\nFor months, Republicans and Democrats tried and failed to reach a deal on extending crucial unemployment and eviction benefits scheduled to lapse and providing more forgivable loans to small businesses. And then when a deal was finally reached, former President Donald Trump threatened to blow it up.\nAt the last minute, Trump signed the $900 billion relief package into law, averting economic disaster.\n\"Without that, we would be in a double dip recession,\" said Zandi, the Moody's economist.\nSlammed by the pandemic, the US economy limped to the end of 2020 and started this year slowly. In December, employers cut jobs in for the first time since the spring. And the United States added just 49,000 jobs in January.\nJobless claims remain alarmingly high. Another 793,000 Americans filed for first time unemployment benefits last week alone. For context, that is above the worst levels of the Great Recession.\nVaccines to the rescue\nBut there are glimmers of hope on the pandemic. Although Covid deaths remain unthinkably high, hospitalizations and cases have retreated.\nCritically, the rollout of coronavirus vaccines is accelerating. Out of a total of 66 million vaccines distributed, about 70% have been administered, according to Morgan Stanley.\nAnd Dr. Anthony Fauci, the nation's top infectious disease expert,told NBC News Thursday that the United States may be able to vaccinate most Americans by the middle or end of summer.\nAll of this has allowed states including California, New York and New Jersey to relax health restrictions crushing restaurants and other small businesses.\nThat's not to say the pandemic is over. In fact,one risk is that new Covid-19 variants force US states and cities to once again tighten health restrictions.\nLow-wage workers are still hurting badly\nAgainst this backdrop, many economists are urging Washington to push ahead with plans for aggressive fiscal stimulus.\n\"Foot flat on the accelerator, please,\" Zandi, the Moody's economist said. \"Policymaking 101 says err on the side of doing too much, rather than too little.\"\nDoing too little risks worsening America's inequality problem. That's because this recession, more than prior ones, disproportionately hurt low-income workers in hard-hit sectors such as restaurants, childcare and hospitality.\nEmployment levels of low-wage workers (those making less than $27,000 per year) is still down more than 20%, according to the Opportunity Insights Economic tracker. By contrast, employment levels of those making more than $60,000 per year are above pre-crisis levels.\n\"Biden's team is unlikely to break out the champagne over reaching full employment if it isn't evident across income and racial groups,\" economists at Bank of America wrote in a report to clients.\nHowever, Danielle DiMartino Booth, a former Fed official who is now CEO of Quill Intelligence, worries the focus on providing income, instead of investing in infrastructure and reskilling workers, will make the country addicted to stimulus.\n\"The economy is going to turn into this dependent patient, always waiting for the next injection,\" Booth said.\n'Bring it on'\nSome economists, including former Treasury Secretary Larry Summers, have warned there is a risk that Washington overheats the economy by injecting too much support.\n\"You could have quite the inflation scare in the next few months that will test the bond market and the Fed,\" Booth said.\nAnd that in turn would spook the red-hot stock market.\nFed watchers are moving up their timelines for when the central bank will be able to end its emergency policies.\nCiting \"signs of a firmer inflation outlook,\" Goldman Sachs now expects the Fed to start \"tapering\" its asset purchases in early 2022 and to raise interest rates in the first half of 2024.\nZandi isn't losing sleep over inflation, mostly because the United States is far from full employment.\n\"It's a vastly overstated worry,\" he said. \"Bring it on. Our biggest problem for more than a decade has been low inflation. Higher inflation would be a high-class problem to have.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389118560,"gmtCreate":1612717042150,"gmtModify":1704873638864,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Hope the switch to renewable happens soon. ","listText":"Hope the switch to renewable happens soon. ","text":"Hope the switch to renewable happens soon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389118560","repostId":"1161551882","repostType":4,"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380114913,"gmtCreate":1612523103832,"gmtModify":1704872334940,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Damn I didn't consider the carbon footprint... Hope we change to renewable energy quickly. ","listText":"Damn I didn't consider the carbon footprint... Hope we change to renewable energy quickly. ","text":"Damn I didn't consider the carbon footprint... Hope we change to renewable energy quickly.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380114913","repostId":"1161551882","repostType":4,"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387834578,"gmtCreate":1613734733894,"gmtModify":1704884319481,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Another one","listText":"Another one","text":"Another one","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387834578","repostId":"1151559124","repostType":4,"repost":{"id":"1151559124","pubTimestamp":1613719406,"share":"https://ttm.financial/m/news/1151559124?lang=&edition=fundamental","pubTime":"2021-02-19 15:23","market":"us","language":"en","title":"Baidu picks CEO for electric car firm, expects launch in 3 years","url":"https://stock-news.laohu8.com/highlight/detail?id=1151559124","media":"Seeking Alpha","summary":"Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car ","content":"<p>Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car venture withChinese automaker Geely(OTCPK:GELYF)-<i>CNBC</i>.</p>\n<p>Xia Yiping, co-founder of Mobike, will be the CEO of the new entity, according to anonymous source.</p>\n<p>Xia previously worked at Fiat Chrysler and Ford before he co-founded Mobike, which was eventually acquired by Meituan in 2018.</p>\n<p>Last month, Baidu and Geelyjoined forces to create intelligent EV company.</p>\n<p>Baidu’s push into electric vehicles is an attempt to diversify its business beyond just advertising.</p>\n<p>Recently, Baidu reported anothersolid quarter in Q4, with Core revenue reaching RMB 23.1B ($3.5B), which is up 6% Y/Y and up 8% Q/Q, with latter much higher than flattish or low single-digit growth from Q3.</p>\n<p>Non-advertising revenue was up 52%, reaching 18% of Baidu core revenue, driven by the convergence of AI solutions, cloud services and consumer Internet.</p>\n<p>On the earnings call, Robin Li revealed that Baidu’s electric car firm hopes to launch its first vehicle within three years.</p>\n<p>\"Right now, the venture is progressing very well. We have a CEO on board, and we have decided on the brand of the new vehicle,\"said Li in Q4 earnings call.</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>Baidu picks CEO for electric car firm, expects launch in 3 years</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\">\nBaidu picks CEO for electric car firm, expects launch in 3 years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 15:23 GMT+8 <a href=https://seekingalpha.com/news/3663807-baidu-picks-ceo-for-electric-car-firm-with-geely><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car venture withChinese automaker Geely(OTCPK:GELYF)-CNBC.\nXia Yiping, co-founder of Mobike, will be the...</p>\n\n<a href=\"https://seekingalpha.com/news/3663807-baidu-picks-ceo-for-electric-car-firm-with-geely\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度"},"source_url":"https://seekingalpha.com/news/3663807-baidu-picks-ceo-for-electric-car-firm-with-geely","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151559124","content_text":"Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car venture withChinese automaker Geely(OTCPK:GELYF)-CNBC.\nXia Yiping, co-founder of Mobike, will be the CEO of the new entity, according to anonymous source.\nXia previously worked at Fiat Chrysler and Ford before he co-founded Mobike, which was eventually acquired by Meituan in 2018.\nLast month, Baidu and Geelyjoined forces to create intelligent EV company.\nBaidu’s push into electric vehicles is an attempt to diversify its business beyond just advertising.\nRecently, Baidu reported anothersolid quarter in Q4, with Core revenue reaching RMB 23.1B ($3.5B), which is up 6% Y/Y and up 8% Q/Q, with latter much higher than flattish or low single-digit growth from Q3.\nNon-advertising revenue was up 52%, reaching 18% of Baidu core revenue, driven by the convergence of AI solutions, cloud services and consumer Internet.\nOn the earnings call, Robin Li revealed that Baidu’s electric car firm hopes to launch its first vehicle within three years.\n\"Right now, the venture is progressing very well. We have a CEO on board, and we have decided on the brand of the new vehicle,\"said Li in Q4 earnings call.","news_type":1},"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383728883,"gmtCreate":1612895556242,"gmtModify":1704875791183,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"Amazon is not going anywhere. ???","listText":"Amazon is not going anywhere. ???","text":"Amazon is not going anywhere. ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383728883","repostId":"1176373590","repostType":4,"repost":{"id":"1176373590","pubTimestamp":1612868893,"share":"https://ttm.financial/m/news/1176373590?lang=&edition=fundamental","pubTime":"2021-02-09 19:08","market":"us","language":"en","title":"What new Amazon CEO Andy Jassy needs to do to become a leader in sustainability like Apple","url":"https://stock-news.laohu8.com/highlight/detail?id=1176373590","media":"MarketWatch","summary":"Andy Jassy, the incoming Amazon CEO, needs to improve labor relations, reduce packaging waste and fu","content":"<p>Andy Jassy, the incoming Amazon CEO, needs to improve labor relations, reduce packaging waste and further its climate goals if it wants to be a world-leading company from an environmental, social and governance perspective.</p>\n<p>Indeed, Amazon’s role model could be Apple,which advocates say has become a sustainability leader among megacap stocks.</p>\n<p>Amazon is starting to make strong operational strides such as investing in electric vehicles for its fleet and running data centers on renewable energy, but remains a laggard in other key ESG pillars such as workplace issues, racial and diversity inclusion and has more work to do on carbon reduction, say ESG advocates. Because of that, only a handle of ESG exchange-traded funds and mutual funds own the company.</p>\n<p>Outgoing CEO Jeff Bezos, the founder of the e-commerce giant, has “actually done the hard stuff, the hardest stuff being operations,” says Andrew Behar, CEO of As You Sow, a nonprofit shareholder advocacy group. “On other issues, though, he’s completely not even thinking about them.”</p>\n<p>Bezos will retain an influential position in the company as executive chairman and one of its largest shareholders. Jassy, the new CEO, is now the head of Amazon Web Services, the company’s cloud-computing business.</p>\n<p>Inhis letter to Amazon’s workforce, Bezos tried to burnish his ESG credentials:</p>\n<p>“As Amazon became large, we decided to use our scale and scope to lead on important social issues. Two high-impact examples: our $15 minimum wage and theClimate Pledge. In both cases, we staked out leadership positions and then asked others to come along with us. In both cases, it’s working. Other large companies are coming our way. I hope you’re proud of that as well.”</p>\n<p>Natasha Lamb, managing partner at Arjuna Capital, a sustainable and impact investment firm focusing on workplace issues for women and people of color, disputes Bezos’ claim of being a leader in these two areas, saying that there was great pressure on the company to increase worker pay and to sign the climate pledge.</p>\n<p>“He is not the poster child of the American dream, but of what is eating America alive, which is growing inequality,” she says.</p>\n<p>Amazonincreasedthe minimum wage to $15 in 2018 after years of criticism that it mistreated and underpaid workers, and the company caughtflakfor what workers said were poor health conditions in the pandemic. It is also fightinga unionization attempt at a warehouse in Alabama.</p>\n<p>Emanuele Colonnelli, an assistant professor of finance at the University of Chicago’s Booth School of Business who has done ESG research, agrees with Lamb. “A lot of the most promising steps toward ESG seem reactionary, as they have been taken only recently, at a moment in which regulatory and public pressure reached sky-high levels that became impossible to ignore,” he says.</p>\n<p>Although Amazon installed a higher minimum wage,MSCI considers the company a laggard when it comes to corporate behavior and labor management. Overall, MSCI gives Amazon a BBB rating, saying it is average for companies in the retail-consumer discretionary space.</p>\n<p>Lamb says Amazon has become what Walmartwas in the 1990s, criticized for shuttering small businesses. During the coronavirus, “everybody has become so reliant on Amazon, and those patterns are sticky. It has grave implications for small business.”</p>\n<p>Colonnelli says Amazon’s monopoly power can’t be denied and should be at the core of its ESG considerations. “It will be up to Jassy – and Bezos of course- to decide whether they want to be driving the change toward a business model that is less prone to anti-competitive practices, and therefore lead to a more equitable allocation of rents,” he says.</p>\n<p><b>A ‘real opportunity’ to be a leader</b></p>\n<p>Behar says As You Sow has interviewed Amazon employees and says the company has a “real opportunity” to be a leader on human capital management, such as increasing hourly employee wages, improving health care benefits, especially during the pandemic, and paid leave, as well as improving efforts around diversity equity inclusion.</p>\n<p>Lamb says with a new CEO coming on board, she wants greater clarity about defining gender and racial pay equity and to address diversity as a whole, noting that there are very few women and people of color in the company’s upper ranks. She says other shareholders are asking for a racial equity audit and for a worker representative on the board of directors, “which I think would be helpful.”</p>\n<p><b>Climate inroads</b></p>\n<p>When it comes to its climate pledge, Amazon is making some inroads. BloombergNEF said Amazon was the leading corporate buyer of clean energy in 2020, signing 35 separate clean energy power-purchasing agreements, totaling 5.1 gigawatts of power. BNEF says Amazon has now purchased over 7.5GW of clean energy to date, pushing it ahead of Alphabet GOOGL at 6.6GW and Facebook FB at 5.9GW as the world’s largest clean-energy buyer.</p>\n<p><img src=\"https://static.tigerbbs.com/f08942b5eaf8d39eb7fe60ce0ba75c91\" tg-width=\"620\" tg-height=\"432\" referrerpolicy=\"no-referrer\"></p>\n<p>Garvin Jabush, chief investment officer at Green Alpha Advisors, says Amazon’s investments in renewable energy and its $440 million investment in electric-truck start up Rivian are all impressive starts, but the company has a long way to go.</p>\n<p>Green Alpha Advisors doesn’t own Amazon because Jabush says it is still a large contributor to climate risk; he noted the company saw a 15% increase in carbon dioxide emissions in 2019. It also supplies advanced computing data to the oil and gas industry to help fossil-fuel companies locate new deposits.</p>\n<p>Both Jabush and Behar says Amazon faces material risk as it deals with electronic waste and plastic waste. Behar says it is trying to work with the e-commerce giant to reduce waste, noting the company could emulate Best Buy’s take-back program to recycle electronic waste. This could become a sustainable money maker by recouping the copper, gold and silver in used electronic parts, he says.</p>\n<p>Reducing plastic waste is also critical since Amazon is a big user of packaging. Amazon has reduced Styrofoam usage, but “they could commit to zero plastic in two to three years from now and it would make a big difference,” he says.</p>\n<p>Jabush says it’s always a debate at his firm each year about whether to buy Amazon because it is “a phenomenal business,” but he says until it reduces its climate impact, he won’t buy it. But with a new CEO, there’s an opportunity for change, Jabush says, pointing to how Tim Cook changed Apple after taking over from Steve Jobs.</p>\n<p>“Sustainability was low on their priority list, and Tim Cook has made Apple into by far the most sustainable megacap in the world right now,” he says.</p>","source":"market_watch","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>What new Amazon CEO Andy Jassy needs to do to become a leader in sustainability like Apple</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\">\nWhat new Amazon CEO Andy Jassy needs to do to become a leader in sustainability like Apple\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-09 19:08 GMT+8 <a href=https://www.marketwatch.com/story/what-new-amazon-ceo-andy-jassy-needs-to-do-to-become-a-leader-in-sustainability-like-apple-11612444339?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Andy Jassy, the incoming Amazon CEO, needs to improve labor relations, reduce packaging waste and further its climate goals if it wants to be a world-leading company from an environmental, social and ...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-new-amazon-ceo-andy-jassy-needs-to-do-to-become-a-leader-in-sustainability-like-apple-11612444339?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","AMZN":"亚马逊"},"source_url":"https://www.marketwatch.com/story/what-new-amazon-ceo-andy-jassy-needs-to-do-to-become-a-leader-in-sustainability-like-apple-11612444339?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1176373590","content_text":"Andy Jassy, the incoming Amazon CEO, needs to improve labor relations, reduce packaging waste and further its climate goals if it wants to be a world-leading company from an environmental, social and governance perspective.\nIndeed, Amazon’s role model could be Apple,which advocates say has become a sustainability leader among megacap stocks.\nAmazon is starting to make strong operational strides such as investing in electric vehicles for its fleet and running data centers on renewable energy, but remains a laggard in other key ESG pillars such as workplace issues, racial and diversity inclusion and has more work to do on carbon reduction, say ESG advocates. Because of that, only a handle of ESG exchange-traded funds and mutual funds own the company.\nOutgoing CEO Jeff Bezos, the founder of the e-commerce giant, has “actually done the hard stuff, the hardest stuff being operations,” says Andrew Behar, CEO of As You Sow, a nonprofit shareholder advocacy group. “On other issues, though, he’s completely not even thinking about them.”\nBezos will retain an influential position in the company as executive chairman and one of its largest shareholders. Jassy, the new CEO, is now the head of Amazon Web Services, the company’s cloud-computing business.\nInhis letter to Amazon’s workforce, Bezos tried to burnish his ESG credentials:\n“As Amazon became large, we decided to use our scale and scope to lead on important social issues. Two high-impact examples: our $15 minimum wage and theClimate Pledge. In both cases, we staked out leadership positions and then asked others to come along with us. In both cases, it’s working. Other large companies are coming our way. I hope you’re proud of that as well.”\nNatasha Lamb, managing partner at Arjuna Capital, a sustainable and impact investment firm focusing on workplace issues for women and people of color, disputes Bezos’ claim of being a leader in these two areas, saying that there was great pressure on the company to increase worker pay and to sign the climate pledge.\n“He is not the poster child of the American dream, but of what is eating America alive, which is growing inequality,” she says.\nAmazonincreasedthe minimum wage to $15 in 2018 after years of criticism that it mistreated and underpaid workers, and the company caughtflakfor what workers said were poor health conditions in the pandemic. It is also fightinga unionization attempt at a warehouse in Alabama.\nEmanuele Colonnelli, an assistant professor of finance at the University of Chicago’s Booth School of Business who has done ESG research, agrees with Lamb. “A lot of the most promising steps toward ESG seem reactionary, as they have been taken only recently, at a moment in which regulatory and public pressure reached sky-high levels that became impossible to ignore,” he says.\nAlthough Amazon installed a higher minimum wage,MSCI considers the company a laggard when it comes to corporate behavior and labor management. Overall, MSCI gives Amazon a BBB rating, saying it is average for companies in the retail-consumer discretionary space.\nLamb says Amazon has become what Walmartwas in the 1990s, criticized for shuttering small businesses. During the coronavirus, “everybody has become so reliant on Amazon, and those patterns are sticky. It has grave implications for small business.”\nColonnelli says Amazon’s monopoly power can’t be denied and should be at the core of its ESG considerations. “It will be up to Jassy – and Bezos of course- to decide whether they want to be driving the change toward a business model that is less prone to anti-competitive practices, and therefore lead to a more equitable allocation of rents,” he says.\nA ‘real opportunity’ to be a leader\nBehar says As You Sow has interviewed Amazon employees and says the company has a “real opportunity” to be a leader on human capital management, such as increasing hourly employee wages, improving health care benefits, especially during the pandemic, and paid leave, as well as improving efforts around diversity equity inclusion.\nLamb says with a new CEO coming on board, she wants greater clarity about defining gender and racial pay equity and to address diversity as a whole, noting that there are very few women and people of color in the company’s upper ranks. She says other shareholders are asking for a racial equity audit and for a worker representative on the board of directors, “which I think would be helpful.”\nClimate inroads\nWhen it comes to its climate pledge, Amazon is making some inroads. BloombergNEF said Amazon was the leading corporate buyer of clean energy in 2020, signing 35 separate clean energy power-purchasing agreements, totaling 5.1 gigawatts of power. BNEF says Amazon has now purchased over 7.5GW of clean energy to date, pushing it ahead of Alphabet GOOGL at 6.6GW and Facebook FB at 5.9GW as the world’s largest clean-energy buyer.\n\nGarvin Jabush, chief investment officer at Green Alpha Advisors, says Amazon’s investments in renewable energy and its $440 million investment in electric-truck start up Rivian are all impressive starts, but the company has a long way to go.\nGreen Alpha Advisors doesn’t own Amazon because Jabush says it is still a large contributor to climate risk; he noted the company saw a 15% increase in carbon dioxide emissions in 2019. It also supplies advanced computing data to the oil and gas industry to help fossil-fuel companies locate new deposits.\nBoth Jabush and Behar says Amazon faces material risk as it deals with electronic waste and plastic waste. Behar says it is trying to work with the e-commerce giant to reduce waste, noting the company could emulate Best Buy’s take-back program to recycle electronic waste. This could become a sustainable money maker by recouping the copper, gold and silver in used electronic parts, he says.\nReducing plastic waste is also critical since Amazon is a big user of packaging. Amazon has reduced Styrofoam usage, but “they could commit to zero plastic in two to three years from now and it would make a big difference,” he says.\nJabush says it’s always a debate at his firm each year about whether to buy Amazon because it is “a phenomenal business,” but he says until it reduces its climate impact, he won’t buy it. But with a new CEO, there’s an opportunity for change, Jabush says, pointing to how Tim Cook changed Apple after taking over from Steve Jobs.\n“Sustainability was low on their priority list, and Tim Cook has made Apple into by far the most sustainable megacap in the world right now,” he says.","news_type":1},"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389117299,"gmtCreate":1612721030411,"gmtModify":1704873644038,"author":{"id":"3566867722255720","authorId":"3566867722255720","name":"Irfaan","avatar":"https://static.tigerbbs.com/4b0b9d81b85ffab2fc43c8d937f8fd61","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566867722255720","authorIdStr":"3566867722255720"},"themes":[],"htmlText":"The next tesla is TESLA! ","listText":"The next tesla is TESLA! 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