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2021-03-17

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2021-02-24

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Powell Signals Fed to Keep Buying Bonds Even as Outlook Improves

2021-02-08

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securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.25","exceedPercentage":"93.18%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 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href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>omg","listText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>omg","text":"$iShares Global Clean Energy ETF(ICLN)$omg","images":[{"img":"https://static.tigerbbs.com/bdec1878b02f17652d6bc200a27d3804","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324069094","isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":363520958,"gmtCreate":1614156744774,"gmtModify":1704888818875,"author":{"id":"3568499692888082","authorId":"3568499692888082","name":"Yhcheah","avatar":"https://static.tigerbbs.com/47c1a49292246d152c3cc300a8a20c66","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568499692888082","authorIdStr":"3568499692888082"},"themes":[],"htmlText":"Is it good or bad？","listText":"Is it good or bad？","text":"Is it good or bad？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363520958","repostId":"1123329535","repostType":4,"repost":{"id":"1123329535","kind":"news","pubTimestamp":1614109924,"share":"https://ttm.financial/m/news/1123329535?lang=&edition=fundamental","pubTime":"2021-02-24 03:52","market":"us","language":"en","title":"Powell Signals Fed to Keep Buying Bonds Even as Outlook Improves","url":"https://stock-news.laohu8.com/highlight/detail?id=1123329535","media":"Bloomberg","summary":"Fed chief plays down concerns about inflation, rising yields\nPowell says U.S. economy could expand b","content":"<ul>\n <li>Fed chief plays down concerns about inflation, rising yields</li>\n <li>Powell says U.S. economy could expand by 6% this year</li>\n</ul>\n<p>Federal Reserve Chairman Jerome Powell signaled that the central bank was nowhere close to pulling back on its support for the pandemic-damaged U.S. economy even as he voiced expectations for a return to more normal, improved activity later this year.</p>\n<p>“The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved,” he told the Senate Banking Committee Tuesday.</p>\n<p>He also played down concerns of an inflationary outbreak from another big fiscal stimulus package or from an unleashing of pent-up demand as a growing number of Americans are vaccinated against the virus. And he called the recent run-up in bond yields that has unsettled the stock market “a statement of confidence” in a robust economic outlook.</p>\n<p>The Fed is currently buying $120 billion of assets per month -- $80 billion of Treasury securities and $40 billion of mortgage-backed debt -- and has pledged to keep up that pace “until substantial further progress” has been made toward its goals of maximum employment and 2% inflation.</p>\n<p>The chairman “gave absolutely no indication that the Fed is thinking about changing its very dovish policy stance,” Cornerstone Macro analysts Roberto Perli and Benson Durham wrote in a note to clients.</p>\n<p>Powell’s testimony occurred against the backdrop of growing optimism about the economy as vaccines against the coronavirus are more widely disseminated and expectations of further fiscal stimulus from President Joe Biden and Congress mount.</p>\n<p><img src=\"https://static.tigerbbs.com/0ebf0c22dfcb8ea4a998998b28e8c4cd\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>Bond yields have risen on the economy’s better prospects and in anticipation of faster inflation. Some traders have also brought forward their expectations for the Fed’s first interest-rate increase since it slashed rates effectively to zero last year.</p>\n<p>Powell said it was important to determine what was behind the higher bond yields, namely expectations of a return to a more normal economy.</p>\n<p>“In a way, it’s a statement on confidence on the part of markets that we will have a robust and ultimately complete recovery,” he said.</p>\n<p>Market price action was volatile in the aftermath of Powell’s opening statement text release, with 10-year yields initially rising a couple of basis points to 1.3875% session highs, before the move quickly faded and yields dropped back lower by about the same amount.</p>\n<p>Interest-rate swap markets are pricing the first 25 basis point of Fed hikes around mid-2023, versus the early-2024 time frame priced in at the beginning of this month.</p>\n<p>Technology company shares led a decline in U.S. stock prices on Tuesday on concern that valuations had gotten out of hand amid higher bond yields and bets on faster inflation. Even with recent weakness, though, the S&amp;P 500 index is still up more than 70% from lows struck last March.</p>\n<p>Powell said he didn’t have an opinion on whether that constituted an equity market bubble, noting that there were opinions expressed on both sides of that proposition. “No one can really identify” a bubble, he said.</p>\n<p>Powell allowed that loose monetary policy has played a role in pushing up asset prices. But he said that other forces were also at play, including expectations of faster economic growth.</p>\n<p>“While we should not underestimate the challenges we currently face, developments point to an improved outlook for later this year,” Powell said. “In particular, ongoing progress in vaccinations should help speed the return to normal activities.”</p>\n<p>In response to a question, the Fed chair said growth could come in this year at 6%. The economy contracted by 2.5% last year.</p>\n<p>The economy started 2021 on a strong&nbsp;note, as retail sales and factory output accelerated. In the wake of the firmer data, Bloomberg Economics last week&nbsp;boosted&nbsp;its 2021 growth forecast to 4.6% from 3.5% and said that could rise toward 6%-7% if Biden’s $1.9 trillion aid package is enacted.</p>\n<blockquote>\n What Bloomberg Economics Says...\n</blockquote>\n<blockquote>\n Federal Reserve Chair Jerome Powell’s prepared remarks before the Senate Banking Committee showed little if any deviation from the tone of recent public statements. But “no news” is news in and of itself because it shows the Fed to be unwavering in its policy stance, despite rising Treasury yields and an improving tone in much of the economic data.\n</blockquote>\n<blockquote>\n --Carl Riccadonna and Yelena Shulyatyeva, economists\n</blockquote>\n<p>The jobs market though has softened, with claims filed for unemployment benefits jumping to a four-week&nbsp;high&nbsp;in the most recent reporting period. Payrolls last month barely rose, by 49,000, after a 227,000 decline in December, and while&nbsp;unemployment&nbsp;dropped to 6.3%, that partly reflected more people leaving the workforce.</p>\n<p>“The high level of joblessness has been especially severe for lower-wage workers and for African Americans, Hispanics, and other minority groups,” Powell said. “The economic dislocation has upended many lives and created great uncertainty about the future.”</p>\n<p>He reiterated the Fed’s pledge to keep short-term interest rates pinned near zero until the labor market has reached maximum employment and inflation has accelerated to 2% -- and is on track to moderately exceed that level for some time.</p>\n<p>The personal consumption expenditures price index rose 1.3% in December 2020 from a year earlier, well below the Fed’s 2% inflation target. After stripping out volatile food and energy costs, core inflation clocked in at 1.5%.</p>\n<p>“I really do not expect that we’ll be in a situation where inflation rises to troubling levels,” Powell said.</p>\n<p><b>Temporary Inflation</b></p>\n<p>He said inflation will pick up in coming months as current price levels are compared to depressed readings a year ago, when the economy was virtually shut down, but that effect will be temporary.</p>\n<p>Prices may also be pushed up later in the year by pent-up demand released as a growing number of Americans get vaccinated against the virus. But he said that the increase in inflation was unlikely to be large or long-lasting.</p>\n<p>Some economists, most prominently former Treasury Secretary Lawrence Summers, have warned that Biden’s $1.9 trillion stimulus plan could lead to an overheating of the economy and much faster inflation -- a concern that administration officials have pushed back on as exaggerated.</p>\n<p>While Powell studiously refrained from commenting on the Biden package, he did say that there hasn’t been a strong connection between bigger budget deficits and inflation recently.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell Signals Fed to Keep Buying Bonds Even as Outlook Improves</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\">\nPowell Signals Fed to Keep Buying Bonds Even as Outlook Improves\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-24 03:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-23/powell-signals-continued-fed-aid-for-economy-he-sees-improving><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed chief plays down concerns about inflation, rising yields\nPowell says U.S. economy could expand by 6% this year\n\nFederal Reserve Chairman Jerome Powell signaled that the central bank was nowhere ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-23/powell-signals-continued-fed-aid-for-economy-he-sees-improving\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","NDX":"纳斯达克100指数",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-23/powell-signals-continued-fed-aid-for-economy-he-sees-improving","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123329535","content_text":"Fed chief plays down concerns about inflation, rising yields\nPowell says U.S. economy could expand by 6% this year\n\nFederal Reserve Chairman Jerome Powell signaled that the central bank was nowhere close to pulling back on its support for the pandemic-damaged U.S. economy even as he voiced expectations for a return to more normal, improved activity later this year.\n“The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved,” he told the Senate Banking Committee Tuesday.\nHe also played down concerns of an inflationary outbreak from another big fiscal stimulus package or from an unleashing of pent-up demand as a growing number of Americans are vaccinated against the virus. And he called the recent run-up in bond yields that has unsettled the stock market “a statement of confidence” in a robust economic outlook.\nThe Fed is currently buying $120 billion of assets per month -- $80 billion of Treasury securities and $40 billion of mortgage-backed debt -- and has pledged to keep up that pace “until substantial further progress” has been made toward its goals of maximum employment and 2% inflation.\nThe chairman “gave absolutely no indication that the Fed is thinking about changing its very dovish policy stance,” Cornerstone Macro analysts Roberto Perli and Benson Durham wrote in a note to clients.\nPowell’s testimony occurred against the backdrop of growing optimism about the economy as vaccines against the coronavirus are more widely disseminated and expectations of further fiscal stimulus from President Joe Biden and Congress mount.\n\nBond yields have risen on the economy’s better prospects and in anticipation of faster inflation. Some traders have also brought forward their expectations for the Fed’s first interest-rate increase since it slashed rates effectively to zero last year.\nPowell said it was important to determine what was behind the higher bond yields, namely expectations of a return to a more normal economy.\n“In a way, it’s a statement on confidence on the part of markets that we will have a robust and ultimately complete recovery,” he said.\nMarket price action was volatile in the aftermath of Powell’s opening statement text release, with 10-year yields initially rising a couple of basis points to 1.3875% session highs, before the move quickly faded and yields dropped back lower by about the same amount.\nInterest-rate swap markets are pricing the first 25 basis point of Fed hikes around mid-2023, versus the early-2024 time frame priced in at the beginning of this month.\nTechnology company shares led a decline in U.S. stock prices on Tuesday on concern that valuations had gotten out of hand amid higher bond yields and bets on faster inflation. Even with recent weakness, though, the S&P 500 index is still up more than 70% from lows struck last March.\nPowell said he didn’t have an opinion on whether that constituted an equity market bubble, noting that there were opinions expressed on both sides of that proposition. “No one can really identify” a bubble, he said.\nPowell allowed that loose monetary policy has played a role in pushing up asset prices. But he said that other forces were also at play, including expectations of faster economic growth.\n“While we should not underestimate the challenges we currently face, developments point to an improved outlook for later this year,” Powell said. “In particular, ongoing progress in vaccinations should help speed the return to normal activities.”\nIn response to a question, the Fed chair said growth could come in this year at 6%. The economy contracted by 2.5% last year.\nThe economy started 2021 on a strong note, as retail sales and factory output accelerated. In the wake of the firmer data, Bloomberg Economics last week boosted its 2021 growth forecast to 4.6% from 3.5% and said that could rise toward 6%-7% if Biden’s $1.9 trillion aid package is enacted.\n\n What Bloomberg Economics Says...\n\n\n Federal Reserve Chair Jerome Powell’s prepared remarks before the Senate Banking Committee showed little if any deviation from the tone of recent public statements. But “no news” is news in and of itself because it shows the Fed to be unwavering in its policy stance, despite rising Treasury yields and an improving tone in much of the economic data.\n\n\n --Carl Riccadonna and Yelena Shulyatyeva, economists\n\nThe jobs market though has softened, with claims filed for unemployment benefits jumping to a four-week high in the most recent reporting period. Payrolls last month barely rose, by 49,000, after a 227,000 decline in December, and while unemployment dropped to 6.3%, that partly reflected more people leaving the workforce.\n“The high level of joblessness has been especially severe for lower-wage workers and for African Americans, Hispanics, and other minority groups,” Powell said. “The economic dislocation has upended many lives and created great uncertainty about the future.”\nHe reiterated the Fed’s pledge to keep short-term interest rates pinned near zero until the labor market has reached maximum employment and inflation has accelerated to 2% -- and is on track to moderately exceed that level for some time.\nThe personal consumption expenditures price index rose 1.3% in December 2020 from a year earlier, well below the Fed’s 2% inflation target. After stripping out volatile food and energy costs, core inflation clocked in at 1.5%.\n“I really do not expect that we’ll be in a situation where inflation rises to troubling levels,” Powell said.\nTemporary Inflation\nHe said inflation will pick up in coming months as current price levels are compared to depressed readings a year ago, when the economy was virtually shut down, but that effect will be temporary.\nPrices may also be pushed up later in the year by pent-up demand released as a growing number of Americans get vaccinated against the virus. But he said that the increase in inflation was unlikely to be large or long-lasting.\nSome economists, most prominently former Treasury Secretary Lawrence Summers, have warned that Biden’s $1.9 trillion stimulus plan could lead to an overheating of the economy and much faster inflation -- a concern that administration officials have pushed back on as exaggerated.\nWhile Powell studiously refrained from commenting on the Biden package, he did say that there hasn’t been a strong connection between bigger budget deficits and inflation recently.","news_type":1},"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389215280,"gmtCreate":1612777394340,"gmtModify":1704874040832,"author":{"id":"3568499692888082","authorId":"3568499692888082","name":"Yhcheah","avatar":"https://static.tigerbbs.com/47c1a49292246d152c3cc300a8a20c66","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568499692888082","authorIdStr":"3568499692888082"},"themes":[],"htmlText":"thank","listText":"thank","text":"thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389215280","repostId":"1137158575","repostType":2,"repost":{"id":"1137158575","kind":"news","pubTimestamp":1612762584,"share":"https://ttm.financial/m/news/1137158575?lang=&edition=fundamental","pubTime":"2021-02-08 13:36","market":"us","language":"en","title":"Big Pension Buys Up Alibaba, Lilly, and Cisco Stock. Here’s What It Sold.","url":"https://stock-news.laohu8.com/highlight/detail?id=1137158575","media":"Barrons","summary":"A large U.S. pension recently made big changes in its investment portfolio.\nState Teachers Retiremen","content":"<p>A large U.S. pension recently made big changes in its investment portfolio.</p>\n<p>State Teachers Retirement System of Ohio materially lifted investments inAlibaba Group Holding(ticker: BABA),Eli Lilly(LLY), andCiscoSystems (CSCO) stock, and halved an investment inSalesforce.com(CRM). STRS Ohio, as the pension is known, disclosed the trades ina form it filedwith the Securities and Exchange Commission.</p>\n<p>STRS Ohio, which managed$79.8 billion in assetsas of June 30, 2020, didn’t respond to a request for comment on the investment changes.</p>\n<p>The pension bought 136,700 more Alibaba American depositary receipts in the fourth quarter to end 2020 with 342,134 ADRs fo the Chinese internet giant.</p>\n<p>Alibaba ADRs rose 9.7% in 2020, and so far in 2021, through Friday’s close, they have gained 14.2%. In comparison, theS&amp;P 500 indexgained 16.3% last year, and this year has risen 3.5%.</p>\n<p>Alibaba ADRstumbled in Decemberwhen an affiliate was forced by Chinese regulators to scuttle an initial public offering. Alibaba founder Jack Ma alsohas kept a low profile aftercriticizing the state-owned bank system last fall.</p>\n<p>STRS Ohio bought 248,974 additional shares of Lilly to end the year with 646,026 shares of the pharmaceutical giant.</p>\n<p>LIlly stock rose 28.5% last year, and so far in 2021, it is up 19.5%.</p>\n<p>Lilly reported astrong fourth quarter—boosted by government stockpiling of the company’s antibody treatment for Covid-19—at the end of January.Upbeat dataon its experimental Alzheimer’s treatment has also bolstered Lilly stock. One observer thinks shares arestill a buy,even with the recent appreciation.</p>\n<p>Cisco stock slipped 6.7% in 2020, but so far in 2021 it has gained 7.4%.</p>\n<p>Some on Wall Street think that networking giant Cisco will benefit fromimproved IT spending. Anyone pursuing the Dogs of the Dow strategy is aware that the high-yielding shares arein the doghouse. Cisco stockcould reboundfrom 2020’s drop as growth resumes.</p>\n<p>STRS Ohio bought 350,742 additional Cisco shares in the fourth quarter to raise its investment to 2.6 million shares.</p>\n<p>The pension sold 363,451 Salesforce shares to end the quarter with 331,122 shares of the software firm.</p>\n<p>Salesforce stock leaped 36.8% in 2020, and is up another 7.4% so far this year.</p>\n<p>Some on Wall Streetremain bullishon Salesforce stock, whileothers aren’t. Investors may feel that Salesforce is paying too much forSlack Technologies(WORK), which the company hasagreed to acquire.</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>Big Pension Buys Up Alibaba, Lilly, and Cisco Stock. Here’s What It Sold.</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\">\nBig Pension Buys Up Alibaba, Lilly, and Cisco Stock. Here’s What It Sold.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-08 13:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/pension-buys-up-alibaba-stock-lilly-cisco-salesforce-51612454514?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A large U.S. pension recently made big changes in its investment portfolio.\nState Teachers Retirement System of Ohio materially lifted investments inAlibaba Group Holding(ticker: BABA),Eli Lilly(LLY),...</p>\n\n<a href=\"https://www.barrons.com/articles/pension-buys-up-alibaba-stock-lilly-cisco-salesforce-51612454514?mod=hp_LEAD_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CSCO":"思科","BABA":"阿里巴巴","LLY":"礼来"},"source_url":"https://www.barrons.com/articles/pension-buys-up-alibaba-stock-lilly-cisco-salesforce-51612454514?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137158575","content_text":"A large U.S. pension recently made big changes in its investment portfolio.\nState Teachers Retirement System of Ohio materially lifted investments inAlibaba Group Holding(ticker: BABA),Eli Lilly(LLY), andCiscoSystems (CSCO) stock, and halved an investment inSalesforce.com(CRM). STRS Ohio, as the pension is known, disclosed the trades ina form it filedwith the Securities and Exchange Commission.\nSTRS Ohio, which managed$79.8 billion in assetsas of June 30, 2020, didn’t respond to a request for comment on the investment changes.\nThe pension bought 136,700 more Alibaba American depositary receipts in the fourth quarter to end 2020 with 342,134 ADRs fo the Chinese internet giant.\nAlibaba ADRs rose 9.7% in 2020, and so far in 2021, through Friday’s close, they have gained 14.2%. In comparison, theS&P 500 indexgained 16.3% last year, and this year has risen 3.5%.\nAlibaba ADRstumbled in Decemberwhen an affiliate was forced by Chinese regulators to scuttle an initial public offering. Alibaba founder Jack Ma alsohas kept a low profile aftercriticizing the state-owned bank system last fall.\nSTRS Ohio bought 248,974 additional shares of Lilly to end the year with 646,026 shares of the pharmaceutical giant.\nLIlly stock rose 28.5% last year, and so far in 2021, it is up 19.5%.\nLilly reported astrong fourth quarter—boosted by government stockpiling of the company’s antibody treatment for Covid-19—at the end of January.Upbeat dataon its experimental Alzheimer’s treatment has also bolstered Lilly stock. One observer thinks shares arestill a buy,even with the recent appreciation.\nCisco stock slipped 6.7% in 2020, but so far in 2021 it has gained 7.4%.\nSome on Wall Street think that networking giant Cisco will benefit fromimproved IT spending. Anyone pursuing the Dogs of the Dow strategy is aware that the high-yielding shares arein the doghouse. Cisco stockcould reboundfrom 2020’s drop as growth resumes.\nSTRS Ohio bought 350,742 additional Cisco shares in the fourth quarter to raise its investment to 2.6 million shares.\nThe pension sold 363,451 Salesforce shares to end the quarter with 331,122 shares of the software firm.\nSalesforce stock leaped 36.8% in 2020, and is up another 7.4% so far this year.\nSome on Wall Streetremain bullishon Salesforce stock, whileothers aren’t. Investors may feel that Salesforce is paying too much forSlack Technologies(WORK), which the company hasagreed to acquire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389212629,"gmtCreate":1612777319461,"gmtModify":1704874039051,"author":{"id":"3568499692888082","authorId":"3568499692888082","name":"Yhcheah","avatar":"https://static.tigerbbs.com/47c1a49292246d152c3cc300a8a20c66","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568499692888082","authorIdStr":"3568499692888082"},"themes":[],"htmlText":"thank~~","listText":"thank~~","text":"thank~~","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389212629","repostId":"2109308181","repostType":4,"repost":{"id":"2109308181","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1612769510,"share":"https://ttm.financial/m/news/2109308181?lang=&edition=fundamental","pubTime":"2021-02-08 15:31","market":"sh","language":"en","title":"China stocks end higher on market reform cheer, easing virus worries","url":"https://stock-news.laohu8.com/highlight/detail?id=2109308181","media":"Reuters","summary":"SHANGHAI, Feb 8 (Reuters) - China stocks closed higher on Monday as the country reported zero new lo","content":"<p>SHANGHAI, Feb 8 (Reuters) - China stocks closed higher on Monday as the country reported zero new local cases of the novel coronavirus and investors cheered Beijing's latest reform measures for the stock market.</p>\n<p>The blue-chip CSI300 index rose 1.5% to 5,564.56, while the Shanghai Composite Index added 1% to 3,532.45 points.</p>\n<p>Leading the gains, the CSI300 materials index&nbsp;jumped 5.3% and the CSI300 healthcare index&nbsp;added 2.4%.</p>\n<p>China reported no new locally transmitted mainland COVID-19 cases for the first time in nearly two months, official data showed, adding to signs that it has managed to stamp out the latest wave of the disease.</p>\n<p>Lifting investors' mood, China's securities regulator said it has given the greenlight to merging the Shenzhen Stock Exchange's main board with the SME board.</p>\n<p>\"It's an inevitable choice of the deepening capital market reforms, and would help the capital market better serve the development of small and medium firms via direct financing,\" China Securities said in a note.</p>\n<p>China's new bank loans are expected to surge to a record high in January on a seasonal boost, a Reuters poll showed, while credit growth may be constrained by some marginal tightening of monetary policy as the central bank focuses on preventing risks.</p>\n<p>Market participants looked past the country's market regulator releasing new anti-monopoly guidelines on Sunday that targeted internet platforms.</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>China stocks end higher on market reform cheer, easing virus worries</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\">\nChina stocks end higher on market reform cheer, easing virus worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-08 15:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, Feb 8 (Reuters) - China stocks closed higher on Monday as the country reported zero new local cases of the novel coronavirus and investors cheered Beijing's latest reform measures for the stock market.</p>\n<p>The blue-chip CSI300 index rose 1.5% to 5,564.56, while the Shanghai Composite Index added 1% to 3,532.45 points.</p>\n<p>Leading the gains, the CSI300 materials index&nbsp;jumped 5.3% and the CSI300 healthcare index&nbsp;added 2.4%.</p>\n<p>China reported no new locally transmitted mainland COVID-19 cases for the first time in nearly two months, official data showed, adding to signs that it has managed to stamp out the latest wave of the disease.</p>\n<p>Lifting investors' mood, China's securities regulator said it has given the greenlight to merging the Shenzhen Stock Exchange's main board with the SME board.</p>\n<p>\"It's an inevitable choice of the deepening capital market reforms, and would help the capital market better serve the development of small and medium firms via direct financing,\" China Securities said in a note.</p>\n<p>China's new bank loans are expected to surge to a record high in January on a seasonal boost, a Reuters poll showed, while credit growth may be constrained by some marginal tightening of monetary policy as the central bank focuses on preventing risks.</p>\n<p>Market participants looked past the country's market regulator releasing new anti-monopoly guidelines on Sunday that targeted internet platforms.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2109308181","content_text":"SHANGHAI, Feb 8 (Reuters) - China stocks closed higher on Monday as the country reported zero new local cases of the novel coronavirus and investors cheered Beijing's latest reform measures for the stock market.\nThe blue-chip CSI300 index rose 1.5% to 5,564.56, while the Shanghai Composite Index added 1% to 3,532.45 points.\nLeading the gains, the CSI300 materials index jumped 5.3% and the CSI300 healthcare index added 2.4%.\nChina reported no new locally transmitted mainland COVID-19 cases for the first time in nearly two months, official data showed, adding to signs that it has managed to stamp out the latest wave of the disease.\nLifting investors' mood, China's securities regulator said it has given the greenlight to merging the Shenzhen Stock Exchange's main board with the SME board.\n\"It's an inevitable choice of the deepening capital market reforms, and would help the capital market better serve the development of small and medium firms via direct financing,\" China Securities said in a note.\nChina's new bank loans are expected to surge to a record high in January on a seasonal boost, a Reuters poll showed, while credit growth may be constrained by some marginal tightening of monetary policy as the central bank focuses on preventing risks.\nMarket participants looked past the country's market regulator releasing new anti-monopoly guidelines on Sunday that targeted internet platforms.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333277038,"gmtCreate":1609301902224,"gmtModify":1704978317829,"author":{"id":"3568499692888082","authorId":"3568499692888082","name":"Yhcheah","avatar":"https://static.tigerbbs.com/47c1a49292246d152c3cc300a8a20c66","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568499692888082","authorIdStr":"3568499692888082"},"themes":[],"htmlText":"thank","listText":"thank","text":"thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333277038","repostId":"2095786575","repostType":4,"repost":{"id":"2095786575","kind":"news","pubTimestamp":1609241102,"share":"https://ttm.financial/m/news/2095786575?lang=&edition=fundamental","pubTime":"2020-12-29 19:25","market":"us","language":"en","title":"China's central bank says Ant Group to set up financial holding firm","url":"https://stock-news.laohu8.com/highlight/detail?id=2095786575","media":"Reuters","summary":"BEIJING, Dec 29 (Reuters) - China's central bank said Alibaba's 9988.HK fintech affiliate Ant Group ","content":"<p>BEIJING, Dec 29 (Reuters) - China's central bank said Alibaba's 9988.HK fintech affiliate Ant Group 688688.SS is drafting a plan to set up a financial holding firm, and that the company should ensure that all its financial operations are under regulatory supervision.</p>\n<p>Ant Group controls a range of financial institutions, including securities and insurance firms, and should set up a financial holding company according to law, the People's Bank of China said in a statement on Tuesday.</p>","source":"tencent","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>China's central bank says Ant Group to set up financial holding firm</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\">\nChina's central bank says Ant Group to set up financial holding firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-12-29 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2020122919251079894e98&s=b><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING, Dec 29 (Reuters) - China's central bank said Alibaba's 9988.HK fintech affiliate Ant Group 688688.SS is drafting a plan to set up a financial holding firm, and that the company should ensure ...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2020122919251079894e98&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2020122919251079894e98&s=b","is_english":true,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2095786575","content_text":"BEIJING, Dec 29 (Reuters) - China's central bank said Alibaba's 9988.HK fintech affiliate Ant Group 688688.SS is drafting a plan to set up a financial holding firm, and that the company should ensure that all its financial operations are under regulatory supervision.\nAnt Group controls a range of financial institutions, including securities and insurance firms, and should set up a financial holding company according to law, the People's Bank of China said in a statement on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333274725,"gmtCreate":1609301884467,"gmtModify":1704978317668,"author":{"id":"3568499692888082","authorId":"3568499692888082","name":"Yhcheah","avatar":"https://static.tigerbbs.com/47c1a49292246d152c3cc300a8a20c66","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568499692888082","authorIdStr":"3568499692888082"},"themes":[],"htmlText":"thank","listText":"thank","text":"thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333274725","repostId":"2095786575","repostType":4,"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":324069094,"gmtCreate":1615944343518,"gmtModify":1704788736315,"author":{"id":"3568499692888082","authorId":"3568499692888082","name":"Yhcheah","avatar":"https://static.tigerbbs.com/47c1a49292246d152c3cc300a8a20c66","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568499692888082","authorIdStr":"3568499692888082"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>omg","listText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>omg","text":"$iShares Global Clean Energy ETF(ICLN)$omg","images":[{"img":"https://static.tigerbbs.com/bdec1878b02f17652d6bc200a27d3804","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324069094","isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":363520958,"gmtCreate":1614156744774,"gmtModify":1704888818875,"author":{"id":"3568499692888082","authorId":"3568499692888082","name":"Yhcheah","avatar":"https://static.tigerbbs.com/47c1a49292246d152c3cc300a8a20c66","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568499692888082","authorIdStr":"3568499692888082"},"themes":[],"htmlText":"Is it good or bad？","listText":"Is it good or bad？","text":"Is it good or bad？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363520958","repostId":"1123329535","repostType":4,"repost":{"id":"1123329535","kind":"news","pubTimestamp":1614109924,"share":"https://ttm.financial/m/news/1123329535?lang=&edition=fundamental","pubTime":"2021-02-24 03:52","market":"us","language":"en","title":"Powell Signals Fed to Keep Buying Bonds Even as Outlook Improves","url":"https://stock-news.laohu8.com/highlight/detail?id=1123329535","media":"Bloomberg","summary":"Fed chief plays down concerns about inflation, rising yields\nPowell says U.S. economy could expand b","content":"<ul>\n <li>Fed chief plays down concerns about inflation, rising yields</li>\n <li>Powell says U.S. economy could expand by 6% this year</li>\n</ul>\n<p>Federal Reserve Chairman Jerome Powell signaled that the central bank was nowhere close to pulling back on its support for the pandemic-damaged U.S. economy even as he voiced expectations for a return to more normal, improved activity later this year.</p>\n<p>“The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved,” he told the Senate Banking Committee Tuesday.</p>\n<p>He also played down concerns of an inflationary outbreak from another big fiscal stimulus package or from an unleashing of pent-up demand as a growing number of Americans are vaccinated against the virus. And he called the recent run-up in bond yields that has unsettled the stock market “a statement of confidence” in a robust economic outlook.</p>\n<p>The Fed is currently buying $120 billion of assets per month -- $80 billion of Treasury securities and $40 billion of mortgage-backed debt -- and has pledged to keep up that pace “until substantial further progress” has been made toward its goals of maximum employment and 2% inflation.</p>\n<p>The chairman “gave absolutely no indication that the Fed is thinking about changing its very dovish policy stance,” Cornerstone Macro analysts Roberto Perli and Benson Durham wrote in a note to clients.</p>\n<p>Powell’s testimony occurred against the backdrop of growing optimism about the economy as vaccines against the coronavirus are more widely disseminated and expectations of further fiscal stimulus from President Joe Biden and Congress mount.</p>\n<p><img src=\"https://static.tigerbbs.com/0ebf0c22dfcb8ea4a998998b28e8c4cd\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>Bond yields have risen on the economy’s better prospects and in anticipation of faster inflation. Some traders have also brought forward their expectations for the Fed’s first interest-rate increase since it slashed rates effectively to zero last year.</p>\n<p>Powell said it was important to determine what was behind the higher bond yields, namely expectations of a return to a more normal economy.</p>\n<p>“In a way, it’s a statement on confidence on the part of markets that we will have a robust and ultimately complete recovery,” he said.</p>\n<p>Market price action was volatile in the aftermath of Powell’s opening statement text release, with 10-year yields initially rising a couple of basis points to 1.3875% session highs, before the move quickly faded and yields dropped back lower by about the same amount.</p>\n<p>Interest-rate swap markets are pricing the first 25 basis point of Fed hikes around mid-2023, versus the early-2024 time frame priced in at the beginning of this month.</p>\n<p>Technology company shares led a decline in U.S. stock prices on Tuesday on concern that valuations had gotten out of hand amid higher bond yields and bets on faster inflation. Even with recent weakness, though, the S&amp;P 500 index is still up more than 70% from lows struck last March.</p>\n<p>Powell said he didn’t have an opinion on whether that constituted an equity market bubble, noting that there were opinions expressed on both sides of that proposition. “No one can really identify” a bubble, he said.</p>\n<p>Powell allowed that loose monetary policy has played a role in pushing up asset prices. But he said that other forces were also at play, including expectations of faster economic growth.</p>\n<p>“While we should not underestimate the challenges we currently face, developments point to an improved outlook for later this year,” Powell said. “In particular, ongoing progress in vaccinations should help speed the return to normal activities.”</p>\n<p>In response to a question, the Fed chair said growth could come in this year at 6%. The economy contracted by 2.5% last year.</p>\n<p>The economy started 2021 on a strong&nbsp;note, as retail sales and factory output accelerated. In the wake of the firmer data, Bloomberg Economics last week&nbsp;boosted&nbsp;its 2021 growth forecast to 4.6% from 3.5% and said that could rise toward 6%-7% if Biden’s $1.9 trillion aid package is enacted.</p>\n<blockquote>\n What Bloomberg Economics Says...\n</blockquote>\n<blockquote>\n Federal Reserve Chair Jerome Powell’s prepared remarks before the Senate Banking Committee showed little if any deviation from the tone of recent public statements. But “no news” is news in and of itself because it shows the Fed to be unwavering in its policy stance, despite rising Treasury yields and an improving tone in much of the economic data.\n</blockquote>\n<blockquote>\n --Carl Riccadonna and Yelena Shulyatyeva, economists\n</blockquote>\n<p>The jobs market though has softened, with claims filed for unemployment benefits jumping to a four-week&nbsp;high&nbsp;in the most recent reporting period. Payrolls last month barely rose, by 49,000, after a 227,000 decline in December, and while&nbsp;unemployment&nbsp;dropped to 6.3%, that partly reflected more people leaving the workforce.</p>\n<p>“The high level of joblessness has been especially severe for lower-wage workers and for African Americans, Hispanics, and other minority groups,” Powell said. “The economic dislocation has upended many lives and created great uncertainty about the future.”</p>\n<p>He reiterated the Fed’s pledge to keep short-term interest rates pinned near zero until the labor market has reached maximum employment and inflation has accelerated to 2% -- and is on track to moderately exceed that level for some time.</p>\n<p>The personal consumption expenditures price index rose 1.3% in December 2020 from a year earlier, well below the Fed’s 2% inflation target. After stripping out volatile food and energy costs, core inflation clocked in at 1.5%.</p>\n<p>“I really do not expect that we’ll be in a situation where inflation rises to troubling levels,” Powell said.</p>\n<p><b>Temporary Inflation</b></p>\n<p>He said inflation will pick up in coming months as current price levels are compared to depressed readings a year ago, when the economy was virtually shut down, but that effect will be temporary.</p>\n<p>Prices may also be pushed up later in the year by pent-up demand released as a growing number of Americans get vaccinated against the virus. But he said that the increase in inflation was unlikely to be large or long-lasting.</p>\n<p>Some economists, most prominently former Treasury Secretary Lawrence Summers, have warned that Biden’s $1.9 trillion stimulus plan could lead to an overheating of the economy and much faster inflation -- a concern that administration officials have pushed back on as exaggerated.</p>\n<p>While Powell studiously refrained from commenting on the Biden package, he did say that there hasn’t been a strong connection between bigger budget deficits and inflation recently.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell Signals Fed to Keep Buying Bonds Even as Outlook Improves</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\">\nPowell Signals Fed to Keep Buying Bonds Even as Outlook Improves\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-24 03:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-23/powell-signals-continued-fed-aid-for-economy-he-sees-improving><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed chief plays down concerns about inflation, rising yields\nPowell says U.S. economy could expand by 6% this year\n\nFederal Reserve Chairman Jerome Powell signaled that the central bank was nowhere ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-23/powell-signals-continued-fed-aid-for-economy-he-sees-improving\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","NDX":"纳斯达克100指数",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-23/powell-signals-continued-fed-aid-for-economy-he-sees-improving","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123329535","content_text":"Fed chief plays down concerns about inflation, rising yields\nPowell says U.S. economy could expand by 6% this year\n\nFederal Reserve Chairman Jerome Powell signaled that the central bank was nowhere close to pulling back on its support for the pandemic-damaged U.S. economy even as he voiced expectations for a return to more normal, improved activity later this year.\n“The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved,” he told the Senate Banking Committee Tuesday.\nHe also played down concerns of an inflationary outbreak from another big fiscal stimulus package or from an unleashing of pent-up demand as a growing number of Americans are vaccinated against the virus. And he called the recent run-up in bond yields that has unsettled the stock market “a statement of confidence” in a robust economic outlook.\nThe Fed is currently buying $120 billion of assets per month -- $80 billion of Treasury securities and $40 billion of mortgage-backed debt -- and has pledged to keep up that pace “until substantial further progress” has been made toward its goals of maximum employment and 2% inflation.\nThe chairman “gave absolutely no indication that the Fed is thinking about changing its very dovish policy stance,” Cornerstone Macro analysts Roberto Perli and Benson Durham wrote in a note to clients.\nPowell’s testimony occurred against the backdrop of growing optimism about the economy as vaccines against the coronavirus are more widely disseminated and expectations of further fiscal stimulus from President Joe Biden and Congress mount.\n\nBond yields have risen on the economy’s better prospects and in anticipation of faster inflation. Some traders have also brought forward their expectations for the Fed’s first interest-rate increase since it slashed rates effectively to zero last year.\nPowell said it was important to determine what was behind the higher bond yields, namely expectations of a return to a more normal economy.\n“In a way, it’s a statement on confidence on the part of markets that we will have a robust and ultimately complete recovery,” he said.\nMarket price action was volatile in the aftermath of Powell’s opening statement text release, with 10-year yields initially rising a couple of basis points to 1.3875% session highs, before the move quickly faded and yields dropped back lower by about the same amount.\nInterest-rate swap markets are pricing the first 25 basis point of Fed hikes around mid-2023, versus the early-2024 time frame priced in at the beginning of this month.\nTechnology company shares led a decline in U.S. stock prices on Tuesday on concern that valuations had gotten out of hand amid higher bond yields and bets on faster inflation. Even with recent weakness, though, the S&P 500 index is still up more than 70% from lows struck last March.\nPowell said he didn’t have an opinion on whether that constituted an equity market bubble, noting that there were opinions expressed on both sides of that proposition. “No one can really identify” a bubble, he said.\nPowell allowed that loose monetary policy has played a role in pushing up asset prices. But he said that other forces were also at play, including expectations of faster economic growth.\n“While we should not underestimate the challenges we currently face, developments point to an improved outlook for later this year,” Powell said. “In particular, ongoing progress in vaccinations should help speed the return to normal activities.”\nIn response to a question, the Fed chair said growth could come in this year at 6%. The economy contracted by 2.5% last year.\nThe economy started 2021 on a strong note, as retail sales and factory output accelerated. In the wake of the firmer data, Bloomberg Economics last week boosted its 2021 growth forecast to 4.6% from 3.5% and said that could rise toward 6%-7% if Biden’s $1.9 trillion aid package is enacted.\n\n What Bloomberg Economics Says...\n\n\n Federal Reserve Chair Jerome Powell’s prepared remarks before the Senate Banking Committee showed little if any deviation from the tone of recent public statements. But “no news” is news in and of itself because it shows the Fed to be unwavering in its policy stance, despite rising Treasury yields and an improving tone in much of the economic data.\n\n\n --Carl Riccadonna and Yelena Shulyatyeva, economists\n\nThe jobs market though has softened, with claims filed for unemployment benefits jumping to a four-week high in the most recent reporting period. Payrolls last month barely rose, by 49,000, after a 227,000 decline in December, and while unemployment dropped to 6.3%, that partly reflected more people leaving the workforce.\n“The high level of joblessness has been especially severe for lower-wage workers and for African Americans, Hispanics, and other minority groups,” Powell said. “The economic dislocation has upended many lives and created great uncertainty about the future.”\nHe reiterated the Fed’s pledge to keep short-term interest rates pinned near zero until the labor market has reached maximum employment and inflation has accelerated to 2% -- and is on track to moderately exceed that level for some time.\nThe personal consumption expenditures price index rose 1.3% in December 2020 from a year earlier, well below the Fed’s 2% inflation target. After stripping out volatile food and energy costs, core inflation clocked in at 1.5%.\n“I really do not expect that we’ll be in a situation where inflation rises to troubling levels,” Powell said.\nTemporary Inflation\nHe said inflation will pick up in coming months as current price levels are compared to depressed readings a year ago, when the economy was virtually shut down, but that effect will be temporary.\nPrices may also be pushed up later in the year by pent-up demand released as a growing number of Americans get vaccinated against the virus. But he said that the increase in inflation was unlikely to be large or long-lasting.\nSome economists, most prominently former Treasury Secretary Lawrence Summers, have warned that Biden’s $1.9 trillion stimulus plan could lead to an overheating of the economy and much faster inflation -- a concern that administration officials have pushed back on as exaggerated.\nWhile Powell studiously refrained from commenting on the Biden package, he did say that there hasn’t been a strong connection between bigger budget deficits and inflation recently.","news_type":1},"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389215280,"gmtCreate":1612777394340,"gmtModify":1704874040832,"author":{"id":"3568499692888082","authorId":"3568499692888082","name":"Yhcheah","avatar":"https://static.tigerbbs.com/47c1a49292246d152c3cc300a8a20c66","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568499692888082","authorIdStr":"3568499692888082"},"themes":[],"htmlText":"thank","listText":"thank","text":"thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389215280","repostId":"1137158575","repostType":2,"repost":{"id":"1137158575","kind":"news","pubTimestamp":1612762584,"share":"https://ttm.financial/m/news/1137158575?lang=&edition=fundamental","pubTime":"2021-02-08 13:36","market":"us","language":"en","title":"Big Pension Buys Up Alibaba, Lilly, and Cisco Stock. Here’s What It Sold.","url":"https://stock-news.laohu8.com/highlight/detail?id=1137158575","media":"Barrons","summary":"A large U.S. pension recently made big changes in its investment portfolio.\nState Teachers Retiremen","content":"<p>A large U.S. pension recently made big changes in its investment portfolio.</p>\n<p>State Teachers Retirement System of Ohio materially lifted investments inAlibaba Group Holding(ticker: BABA),Eli Lilly(LLY), andCiscoSystems (CSCO) stock, and halved an investment inSalesforce.com(CRM). STRS Ohio, as the pension is known, disclosed the trades ina form it filedwith the Securities and Exchange Commission.</p>\n<p>STRS Ohio, which managed$79.8 billion in assetsas of June 30, 2020, didn’t respond to a request for comment on the investment changes.</p>\n<p>The pension bought 136,700 more Alibaba American depositary receipts in the fourth quarter to end 2020 with 342,134 ADRs fo the Chinese internet giant.</p>\n<p>Alibaba ADRs rose 9.7% in 2020, and so far in 2021, through Friday’s close, they have gained 14.2%. In comparison, theS&amp;P 500 indexgained 16.3% last year, and this year has risen 3.5%.</p>\n<p>Alibaba ADRstumbled in Decemberwhen an affiliate was forced by Chinese regulators to scuttle an initial public offering. Alibaba founder Jack Ma alsohas kept a low profile aftercriticizing the state-owned bank system last fall.</p>\n<p>STRS Ohio bought 248,974 additional shares of Lilly to end the year with 646,026 shares of the pharmaceutical giant.</p>\n<p>LIlly stock rose 28.5% last year, and so far in 2021, it is up 19.5%.</p>\n<p>Lilly reported astrong fourth quarter—boosted by government stockpiling of the company’s antibody treatment for Covid-19—at the end of January.Upbeat dataon its experimental Alzheimer’s treatment has also bolstered Lilly stock. One observer thinks shares arestill a buy,even with the recent appreciation.</p>\n<p>Cisco stock slipped 6.7% in 2020, but so far in 2021 it has gained 7.4%.</p>\n<p>Some on Wall Street think that networking giant Cisco will benefit fromimproved IT spending. Anyone pursuing the Dogs of the Dow strategy is aware that the high-yielding shares arein the doghouse. Cisco stockcould reboundfrom 2020’s drop as growth resumes.</p>\n<p>STRS Ohio bought 350,742 additional Cisco shares in the fourth quarter to raise its investment to 2.6 million shares.</p>\n<p>The pension sold 363,451 Salesforce shares to end the quarter with 331,122 shares of the software firm.</p>\n<p>Salesforce stock leaped 36.8% in 2020, and is up another 7.4% so far this year.</p>\n<p>Some on Wall Streetremain bullishon Salesforce stock, whileothers aren’t. Investors may feel that Salesforce is paying too much forSlack Technologies(WORK), which the company hasagreed to acquire.</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>Big Pension Buys Up Alibaba, Lilly, and Cisco Stock. Here’s What It Sold.</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\">\nBig Pension Buys Up Alibaba, Lilly, and Cisco Stock. Here’s What It Sold.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-08 13:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/pension-buys-up-alibaba-stock-lilly-cisco-salesforce-51612454514?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A large U.S. pension recently made big changes in its investment portfolio.\nState Teachers Retirement System of Ohio materially lifted investments inAlibaba Group Holding(ticker: BABA),Eli Lilly(LLY),...</p>\n\n<a href=\"https://www.barrons.com/articles/pension-buys-up-alibaba-stock-lilly-cisco-salesforce-51612454514?mod=hp_LEAD_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CSCO":"思科","BABA":"阿里巴巴","LLY":"礼来"},"source_url":"https://www.barrons.com/articles/pension-buys-up-alibaba-stock-lilly-cisco-salesforce-51612454514?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137158575","content_text":"A large U.S. pension recently made big changes in its investment portfolio.\nState Teachers Retirement System of Ohio materially lifted investments inAlibaba Group Holding(ticker: BABA),Eli Lilly(LLY), andCiscoSystems (CSCO) stock, and halved an investment inSalesforce.com(CRM). STRS Ohio, as the pension is known, disclosed the trades ina form it filedwith the Securities and Exchange Commission.\nSTRS Ohio, which managed$79.8 billion in assetsas of June 30, 2020, didn’t respond to a request for comment on the investment changes.\nThe pension bought 136,700 more Alibaba American depositary receipts in the fourth quarter to end 2020 with 342,134 ADRs fo the Chinese internet giant.\nAlibaba ADRs rose 9.7% in 2020, and so far in 2021, through Friday’s close, they have gained 14.2%. In comparison, theS&P 500 indexgained 16.3% last year, and this year has risen 3.5%.\nAlibaba ADRstumbled in Decemberwhen an affiliate was forced by Chinese regulators to scuttle an initial public offering. Alibaba founder Jack Ma alsohas kept a low profile aftercriticizing the state-owned bank system last fall.\nSTRS Ohio bought 248,974 additional shares of Lilly to end the year with 646,026 shares of the pharmaceutical giant.\nLIlly stock rose 28.5% last year, and so far in 2021, it is up 19.5%.\nLilly reported astrong fourth quarter—boosted by government stockpiling of the company’s antibody treatment for Covid-19—at the end of January.Upbeat dataon its experimental Alzheimer’s treatment has also bolstered Lilly stock. One observer thinks shares arestill a buy,even with the recent appreciation.\nCisco stock slipped 6.7% in 2020, but so far in 2021 it has gained 7.4%.\nSome on Wall Street think that networking giant Cisco will benefit fromimproved IT spending. Anyone pursuing the Dogs of the Dow strategy is aware that the high-yielding shares arein the doghouse. Cisco stockcould reboundfrom 2020’s drop as growth resumes.\nSTRS Ohio bought 350,742 additional Cisco shares in the fourth quarter to raise its investment to 2.6 million shares.\nThe pension sold 363,451 Salesforce shares to end the quarter with 331,122 shares of the software firm.\nSalesforce stock leaped 36.8% in 2020, and is up another 7.4% so far this year.\nSome on Wall Streetremain bullishon Salesforce stock, whileothers aren’t. Investors may feel that Salesforce is paying too much forSlack Technologies(WORK), which the company hasagreed to acquire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389212629,"gmtCreate":1612777319461,"gmtModify":1704874039051,"author":{"id":"3568499692888082","authorId":"3568499692888082","name":"Yhcheah","avatar":"https://static.tigerbbs.com/47c1a49292246d152c3cc300a8a20c66","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568499692888082","authorIdStr":"3568499692888082"},"themes":[],"htmlText":"thank~~","listText":"thank~~","text":"thank~~","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389212629","repostId":"2109308181","repostType":4,"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333277038,"gmtCreate":1609301902224,"gmtModify":1704978317829,"author":{"id":"3568499692888082","authorId":"3568499692888082","name":"Yhcheah","avatar":"https://static.tigerbbs.com/47c1a49292246d152c3cc300a8a20c66","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568499692888082","authorIdStr":"3568499692888082"},"themes":[],"htmlText":"thank","listText":"thank","text":"thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333277038","repostId":"2095786575","repostType":4,"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333274725,"gmtCreate":1609301884467,"gmtModify":1704978317668,"author":{"id":"3568499692888082","authorId":"3568499692888082","name":"Yhcheah","avatar":"https://static.tigerbbs.com/47c1a49292246d152c3cc300a8a20c66","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568499692888082","authorIdStr":"3568499692888082"},"themes":[],"htmlText":"thank","listText":"thank","text":"thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333274725","repostId":"2095786575","repostType":4,"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}