AlexinTL personal page - To The Moon

AlexinTL

AlexinTL

Hi, im New.

16Follow

2Followers

0Topic

0Badge

2024-01-03

Tiger Tycoon

Find out more here: Tiger Tycoon Get ready to WIN up to $888!

2023-08-14

Great ariticle, would you like to share it?

@JC888:If CPI Continues To Rise, Will Fed Raise Interest Again?

2023-08-14

Great ariticle, would you like to share it?

@TigerOptions:Exploring $HUT's Financial Landscape

2023-08-14

Great ariticle, would you like to share it?

@KYHBKO:Preview of the week starting 14Aug2023 - can the tide rise at SEA?

2021-03-17

*sigh*

The Fed must walk a fine line Wednesday as financial markets hang in the balance

2021-03-17

Hmm

Goldman, Citigroup Lead U.S. Banks Plowing Billions Into China

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3569888006405814","uuid":"3569888006405814","gmtCreate":1606794221468,"gmtModify":1607514010129,"name":"AlexinTL","pinyin":"alexintl","introduction":"","introductionEn":null,"signature":"Hi, im New.","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","hatId":"ca_profile_frame_Mpy1eK","hatName":"","vip":1,"status":2,"fanSize":2,"headSize":16,"tweetSize":6,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.01.10","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":258795798581320,"gmtCreate":1704216463415,"gmtModify":1704216485679,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569888006405814","idStr":"3569888006405814"},"themes":[],"title":"Tiger Tycoon","htmlText":"Find out more here: <a href=\"https://www.heytigers.com/activity/market/2024/tiger-tycoon?adcode=20231208151108&amp;actionID=560627806d2ba5d45212dc82c49eed6a&amp;skin=2&amp;os=iOS&amp;account_id=50426114&amp;utm_source=invite&amp;utm_campaign=20231208151108&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=a5c64e833883d881464d7739a578e894&amp;invite=I4JKKY&amp;lang=en_US#/\">Tiger Tycoon</a> Get ready to WIN up to $888!","listText":"Find out more here: <a href=\"https://www.heytigers.com/activity/market/2024/tiger-tycoon?adcode=20231208151108&amp;actionID=560627806d2ba5d45212dc82c49eed6a&amp;skin=2&amp;os=iOS&amp;account_id=50426114&amp;utm_source=invite&amp;utm_campaign=20231208151108&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=a5c64e833883d881464d7739a578e894&amp;invite=I4JKKY&amp;lang=en_US#/\">Tiger Tycoon</a> Get ready to WIN up to $888!","text":"Find out more here: Tiger Tycoon Get ready to WIN up to $888!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258795798581320","isVote":1,"tweetType":1,"viewCount":540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":208860384137376,"gmtCreate":1692015228225,"gmtModify":1692016702281,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569888006405814","idStr":"3569888006405814"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208860384137376","repostId":"208351494856768","repostType":1,"repost":{"id":208351494856768,"gmtCreate":1691920828410,"gmtModify":1691921577008,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570103090255456","idStr":"3570103090255456"},"themes":[],"title":"If CPI Continues To Rise, Will Fed Raise Interest Again?","htmlText":"The weekend is upon us. It is time to kick off the shoes and relax a bit, even for a fleeting moment. Still doing my readings on varied topics / subjects to keep engaged. Also, letting my imaginations run amok as I hypothesize about the “what-ifs”. In another Multi-verse, it might just be the “truth”. What am I getting up to? US July Consumer Price Index (CPI) was released on Thu, 10 Jul 2023. It came in at 3.2%; 1% off the mark from wall street 3.3% forecast. Comparatively speaking, its +0.2% higher than June 3.0% CPI though. Backdrop Against The 3.2% July CPI: The Kingdom and Russia have “volunteered” to reduce output capacity by 1 Million barrels per day since July 2023. This has “effectively” drove up oil prices. On 03 Aug 2023, Saudi Arabia announced that the additional 1 Million b/d","listText":"The weekend is upon us. It is time to kick off the shoes and relax a bit, even for a fleeting moment. Still doing my readings on varied topics / subjects to keep engaged. Also, letting my imaginations run amok as I hypothesize about the “what-ifs”. In another Multi-verse, it might just be the “truth”. What am I getting up to? US July Consumer Price Index (CPI) was released on Thu, 10 Jul 2023. It came in at 3.2%; 1% off the mark from wall street 3.3% forecast. Comparatively speaking, its +0.2% higher than June 3.0% CPI though. Backdrop Against The 3.2% July CPI: The Kingdom and Russia have “volunteered” to reduce output capacity by 1 Million barrels per day since July 2023. This has “effectively” drove up oil prices. On 03 Aug 2023, Saudi Arabia announced that the additional 1 Million b/d","text":"The weekend is upon us. It is time to kick off the shoes and relax a bit, even for a fleeting moment. Still doing my readings on varied topics / subjects to keep engaged. Also, letting my imaginations run amok as I hypothesize about the “what-ifs”. In another Multi-verse, it might just be the “truth”. What am I getting up to? US July Consumer Price Index (CPI) was released on Thu, 10 Jul 2023. It came in at 3.2%; 1% off the mark from wall street 3.3% forecast. Comparatively speaking, its +0.2% higher than June 3.0% CPI though. Backdrop Against The 3.2% July CPI: The Kingdom and Russia have “volunteered” to reduce output capacity by 1 Million barrels per day since July 2023. This has “effectively” drove up oil prices. On 03 Aug 2023, Saudi Arabia announced that the additional 1 Million b/d","images":[{"img":"https://community-static.tradeup.com/news/fca5fe8b903fec7e6f390d9bcc54ba9f","width":"812","height":"181"},{"img":"https://community-static.tradeup.com/news/42e2fc7e39dae527ff71907bc13e9dbd","width":"855","height":"687"},{"img":"https://community-static.tradeup.com/news/173ee75230c40ef9a8f4b447c09db560","width":"2175","height":"467"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208351494856768","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":14,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":208860178849992,"gmtCreate":1692015219982,"gmtModify":1692016702226,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569888006405814","idStr":"3569888006405814"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208860178849992","repostId":"208437338615864","repostType":1,"repost":{"id":208437338615864,"gmtCreate":1691912029273,"gmtModify":1691914607000,"author":{"id":"3572212908677301","authorId":"3572212908677301","name":"TigerOptions","avatar":"https://community-static.tradeup.com/news/20925853481806adc78dcdfe25f2fe89","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572212908677301","idStr":"3572212908677301"},"themes":[],"title":"Exploring $HUT's Financial Landscape","htmlText":"In the ever-evolving world of finance and investment, opportunities often emerge from the most unexpected places. One such intriguing possibility is <a href=\"https://ttm.financial/S/HUT\">$Hut 8 Mining Corp(HUT)$&nbsp;</a>, a company that has captured the attention of those who seek exposure to the burgeoning realm of cryptocurrency and blockchain technology.&nbsp; Unraveling the Story Behind HUT 8 Mining Corp. is a Canada-based cryptocurrency mining company, specializing in the mining of Bitcoin and other digital assets. The company operates data centers that house the infrastructure required for the energy-intensive process of mining these cryptocurrencies. Founded in 2017, HUT 8 has rapidly established itself as a significant player in the cryptocurrency mining sector. Bitcoin's meteoric","listText":"In the ever-evolving world of finance and investment, opportunities often emerge from the most unexpected places. One such intriguing possibility is <a href=\"https://ttm.financial/S/HUT\">$Hut 8 Mining Corp(HUT)$&nbsp;</a>, a company that has captured the attention of those who seek exposure to the burgeoning realm of cryptocurrency and blockchain technology.&nbsp; Unraveling the Story Behind HUT 8 Mining Corp. is a Canada-based cryptocurrency mining company, specializing in the mining of Bitcoin and other digital assets. The company operates data centers that house the infrastructure required for the energy-intensive process of mining these cryptocurrencies. Founded in 2017, HUT 8 has rapidly established itself as a significant player in the cryptocurrency mining sector. Bitcoin's meteoric","text":"In the ever-evolving world of finance and investment, opportunities often emerge from the most unexpected places. One such intriguing possibility is $Hut 8 Mining Corp(HUT)$ , a company that has captured the attention of those who seek exposure to the burgeoning realm of cryptocurrency and blockchain technology. Unraveling the Story Behind HUT 8 Mining Corp. is a Canada-based cryptocurrency mining company, specializing in the mining of Bitcoin and other digital assets. The company operates data centers that house the infrastructure required for the energy-intensive process of mining these cryptocurrencies. Founded in 2017, HUT 8 has rapidly established itself as a significant player in the cryptocurrency mining sector. Bitcoin's meteoric","images":[{"img":"https://community-static.tradeup.com/news/8421307d716a5b38858ca1d03c88c1eb","width":"1024","height":"1024"},{"img":"https://community-static.tradeup.com/news/897dd336403f3cde244d4c70cdffae9a","width":"1024","height":"1024"},{"img":"https://community-static.tradeup.com/news/e96c65ff7978733aa9908af75e274380","width":"1024","height":"1024"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208437338615864","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":208860677972104,"gmtCreate":1692015211273,"gmtModify":1692016702170,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569888006405814","idStr":"3569888006405814"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208860677972104","repostId":"208356442746928","repostType":1,"repost":{"id":208356442746928,"gmtCreate":1691892093990,"gmtModify":1691892441251,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574381076586256","idStr":"3574381076586256"},"themes":[],"title":"Preview of the week starting 14Aug2023 - can the tide rise at SEA?","htmlText":"Public Holidays No public holidays for Hong Kong, Singapore, the US &amp; China in the coming week. Economic Calendar (14Aug2023) Economic Calendar for the week starting 14 Aug 2023 Notable Highlights Retail data - Core retail sales and retail sales data will be announced this week. This reflects consumption in the USA. Building Permits. This will shed some light pertaining to real estate. Philadelphia Fed Manufacturing Index. From investing &gt; The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. Jobless claim","listText":"Public Holidays No public holidays for Hong Kong, Singapore, the US &amp; China in the coming week. Economic Calendar (14Aug2023) Economic Calendar for the week starting 14 Aug 2023 Notable Highlights Retail data - Core retail sales and retail sales data will be announced this week. This reflects consumption in the USA. Building Permits. This will shed some light pertaining to real estate. Philadelphia Fed Manufacturing Index. From investing &gt; The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. Jobless claim","text":"Public Holidays No public holidays for Hong Kong, Singapore, the US & China in the coming week. Economic Calendar (14Aug2023) Economic Calendar for the week starting 14 Aug 2023 Notable Highlights Retail data - Core retail sales and retail sales data will be announced this week. This reflects consumption in the USA. Building Permits. This will shed some light pertaining to real estate. Philadelphia Fed Manufacturing Index. From investing > The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. Jobless claim","images":[{"img":"https://community-static.tradeup.com/news/8c9cb9f1cf60ac8cc17c70cd0e96169f","width":"886","height":"406"},{"img":"https://community-static.tradeup.com/news/64d65d70353835426762396006b627a1","width":"1456","height":"819"},{"img":"https://community-static.tradeup.com/news/00f2a0c6a4f8317b1060ba81a6bf807c","width":"1456","height":"772"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208356442746928","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":12,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324099764,"gmtCreate":1615941873258,"gmtModify":1704788682745,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569888006405814","idStr":"3569888006405814"},"themes":[],"htmlText":"*sigh*","listText":"*sigh*","text":"*sigh*","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324099764","repostId":"1110379286","repostType":4,"repost":{"id":"1110379286","kind":"news","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</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\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324099111,"gmtCreate":1615941835633,"gmtModify":1704788683067,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569888006405814","idStr":"3569888006405814"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/324099111","repostId":"1150337731","repostType":4,"repost":{"id":"1150337731","kind":"news","pubTimestamp":1615940075,"share":"https://ttm.financial/m/news/1150337731?lang=&edition=fundamental","pubTime":"2021-03-17 08:14","market":"us","language":"en","title":"Goldman, Citigroup Lead U.S. Banks Plowing Billions Into China","url":"https://stock-news.laohu8.com/highlight/detail?id=1150337731","media":"Bloomberg","summary":"Five big U.S. banks had combined $77.8 billion in exposure\nWall Street is drawn to China economy lik","content":"<ul>\n <li>Five big U.S. banks had combined $77.8 billion in exposure</li>\n <li>Wall Street is drawn to China economy like ‘moths to a flame’</li>\n</ul>\n<p>Goldman Sachs Group Inc.&nbsp;led U.S. banks plowing billions of fresh cash into China last year, undeterred by political turmoil as the world’s second-largest economy further opens its $50 trillion financial market.</p>\n<p>The bank’s “cross currency outstandings” rose 33% to $17.5 billion last year in China, covering a broad array of cash and financing to companies and government entities, according to an annual filing. Together with&nbsp;Citigroup Inc.,JPMorgan Chase &amp; Co.,Bank of America Corp&nbsp;and Morgan Stanley, the five big U.S. banks had $77.8 billion in exposure, up 10% from 2019.</p>\n<p>China’s financial markets are a potent lure for the world’s biggest banks, with billions of profits on the line in investment banking and wealth management. But they also face an opaque regulatory environment and a tense political climate that has deteriorated over the past years and that’s unlikely to see major improvements under the Joe Biden administration.</p>\n<p>The banks are “drawn to strong economic performance like moths to a flame,” said Brock Silvers, chief investment officer at Kaiyuan Capital.</p>\n<p><img src=\"https://static.tigerbbs.com/91da09e32b4c5640fab73f5502c76f4e\" tg-width=\"852\" tg-height=\"531\"></p>\n<p>Europeans banks are also keen to boost investments. London-headquartered&nbsp;HSBC Holdings Plc&nbsp;is increasingly pinning its future to Asia, with plans to invest at least $6 billion across the region, including China.</p>\n<p>Credit Suisse Group AG&nbsp;is&nbsp;seeking&nbsp;to gain full control over its securities venture and plans to double its headcount and revenue in the world’s fastest growing major economy.UBS Group AG&nbsp;also wants to&nbsp;double&nbsp;its China footprint in three to five years, and is seeking to&nbsp;deepen&nbsp;control over its Chinese securities unit.</p>\n<p>But challenges abound. Foreign banks have to navigate a murky regulatory system. Despite China&nbsp;allowing&nbsp;them to apply for full ownership of their partnerships a year ago, none of them have yet been able to secure that. They also have to battle with uncertainty -- as was the case when&nbsp;Ant Group Co.’s initial public offering was derailed days before its scheduled trading debut, putting&nbsp;millions&nbsp;in fees at risk.</p>\n<p>Here’s a rundown on the presence of big U.S. banks in China and their plans.</p>\n<p><b>Goldman Sachs</b></p>\n<p>The New York-based firm opened its Beijing office in 1994, marking the start of a permanent presence on the mainland. It&nbsp;started&nbsp;the process of getting clearance from regulators to take full control of Goldman Sachs Gao Hua and signed a definitive agreement with its partner to buy the 49% of the venture it doesn’t own, according to a memo late last year.</p>\n<p>Full ownership “of our franchise on the mainland represents a significant commitment to and investment in China,” Chief Executive Officer David Solomon, President John Waldron and Chief Financial Officer Stephen Scherr said.</p>\n<p>The move will end the 17-year collaboration with Beijing Gao Hua Securities. It also gives the firm free rein to pursue an expansive growth strategy that includes boosting its workforce in China to 600 and ramping up in asset and wealth management.</p>\n<p>A Goldman spokesman said the firm currently has 70 new positions in mainland China that it’s looking to fill.</p>\n<p><b>JPMorgan</b></p>\n<p>The bank’s total exposure to China rose 10.4% to $21.2 billion as of Dec. 2020, driven by trading and investing, which includes market-making inventory and securities, according to its filing.</p>\n<p>JPMorgan raised its stake in its Chinese securities joint venture to 71% late last year, racing with Goldman Sachs to become the first foreign bank to attain full ownership. It plans to expand its asset and wealth management business as well as its corporate and investment bank, according to a results presentation.</p>\n<p>A JPMorgan spokesman declined to comment.</p>\n<p><b>Citigroup</b></p>\n<p>Citi first established an office in Shanghai in 1902 and has a footprint across 12 cities across China. Its total exposure to China ---which includesmulti-national companies doing business there --rose 16.6% to $21.8 billion as of the fourth quarter 2020. This was driven by increases in investment securities and consumer banking loans.</p>\n<p>The bank is&nbsp;planning&nbsp;to include an investment banking unit in China as the nation opens up and liberalizes its financial markets, a person familiar said in October last year. China represents 1.3% of Citi’s total global exposure.</p>\n<p>“We continue to support our clients across China, including banking 70% of the Fortune 500,” said a Citi spokesman.</p>\n<p><b>Morgan Stanley</b></p>\n<p>Morgan Stanley’s net exposure to China fell nearly 5% to $3.9 billion as of end December 2020 from the previous year, as it cut back on loans and lending commitments, according to its filing.</p>\n<p>Morgan Stanley&nbsp;has a 51% stake in its China joint venture, while Huaxin Securities holds the remaining 49% stake. In February, the bank’s partner, said that it plans to sell a 39% stake in the venture, opening up for further control.</p>\n<p>The firm has&nbsp;moved in staff&nbsp;from abroad to take the majority of key roles at Morgan Stanley Huaxin Securities Co., and eventually take full control. Morgan Stanley is seeking to build out an onshore brokerage and will also expand its asset management partnership.</p>\n<p>A Morgan Stanley spokesman declined to comment on the filing.</p>\n<p><b>Bank of America</b></p>\n<p>Also cutting back was Bank of America, which saw its net exposure to China fall 13.9% to $13.4 billion as of Dec. 2020 as it reduced funded loans and unfunded loan commitments amid a broader attention to risk during the pandemic, according to the Feb. 24 filing.</p>\n<p>The net exposure also includes securities and other investments.</p>\n<p>The Charlotte, North Carolina-based lender said in the filing that in light of the global pandemic, it was “monitoring its non-US exposure closely,” particularly in countries where restrictions on activities to contain the spread of the virus have affected economic activity.</p>\n<p>The bank also cut its net exposure to Hong Kong by 7.4% to $6.5 billion, but raised it in Singapore by 18.6% to $9.3 billion.</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>Goldman, Citigroup Lead U.S. Banks Plowing Billions Into China</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\">\nGoldman, Citigroup Lead U.S. Banks Plowing Billions Into China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-16/goldman-citigroup-lead-u-s-banks-plowing-billions-into-china?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Five big U.S. banks had combined $77.8 billion in exposure\nWall Street is drawn to China economy like ‘moths to a flame’\n\nGoldman Sachs Group Inc. led U.S. banks plowing billions of fresh cash into ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-16/goldman-citigroup-lead-u-s-banks-plowing-billions-into-china?srnd=premium-asia\">Web Link</a>\n\n</div>\n\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","00005":"汇丰控股","000001.SH":"上证指数","JPM":"摩根大通","GS":"高盛","BAC":"美国银行","C":"花旗","HSBC":"汇丰","UBS":"瑞银","MS":"摩根士丹利"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-16/goldman-citigroup-lead-u-s-banks-plowing-billions-into-china?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150337731","content_text":"Five big U.S. banks had combined $77.8 billion in exposure\nWall Street is drawn to China economy like ‘moths to a flame’\n\nGoldman Sachs Group Inc. led U.S. banks plowing billions of fresh cash into China last year, undeterred by political turmoil as the world’s second-largest economy further opens its $50 trillion financial market.\nThe bank’s “cross currency outstandings” rose 33% to $17.5 billion last year in China, covering a broad array of cash and financing to companies and government entities, according to an annual filing. Together with Citigroup Inc.,JPMorgan Chase & Co.,Bank of America Corp and Morgan Stanley, the five big U.S. banks had $77.8 billion in exposure, up 10% from 2019.\nChina’s financial markets are a potent lure for the world’s biggest banks, with billions of profits on the line in investment banking and wealth management. But they also face an opaque regulatory environment and a tense political climate that has deteriorated over the past years and that’s unlikely to see major improvements under the Joe Biden administration.\nThe banks are “drawn to strong economic performance like moths to a flame,” said Brock Silvers, chief investment officer at Kaiyuan Capital.\n\nEuropeans banks are also keen to boost investments. London-headquartered HSBC Holdings Plc is increasingly pinning its future to Asia, with plans to invest at least $6 billion across the region, including China.\nCredit Suisse Group AG is seeking to gain full control over its securities venture and plans to double its headcount and revenue in the world’s fastest growing major economy.UBS Group AG also wants to double its China footprint in three to five years, and is seeking to deepen control over its Chinese securities unit.\nBut challenges abound. Foreign banks have to navigate a murky regulatory system. Despite China allowing them to apply for full ownership of their partnerships a year ago, none of them have yet been able to secure that. They also have to battle with uncertainty -- as was the case when Ant Group Co.’s initial public offering was derailed days before its scheduled trading debut, putting millions in fees at risk.\nHere’s a rundown on the presence of big U.S. banks in China and their plans.\nGoldman Sachs\nThe New York-based firm opened its Beijing office in 1994, marking the start of a permanent presence on the mainland. It started the process of getting clearance from regulators to take full control of Goldman Sachs Gao Hua and signed a definitive agreement with its partner to buy the 49% of the venture it doesn’t own, according to a memo late last year.\nFull ownership “of our franchise on the mainland represents a significant commitment to and investment in China,” Chief Executive Officer David Solomon, President John Waldron and Chief Financial Officer Stephen Scherr said.\nThe move will end the 17-year collaboration with Beijing Gao Hua Securities. It also gives the firm free rein to pursue an expansive growth strategy that includes boosting its workforce in China to 600 and ramping up in asset and wealth management.\nA Goldman spokesman said the firm currently has 70 new positions in mainland China that it’s looking to fill.\nJPMorgan\nThe bank’s total exposure to China rose 10.4% to $21.2 billion as of Dec. 2020, driven by trading and investing, which includes market-making inventory and securities, according to its filing.\nJPMorgan raised its stake in its Chinese securities joint venture to 71% late last year, racing with Goldman Sachs to become the first foreign bank to attain full ownership. It plans to expand its asset and wealth management business as well as its corporate and investment bank, according to a results presentation.\nA JPMorgan spokesman declined to comment.\nCitigroup\nCiti first established an office in Shanghai in 1902 and has a footprint across 12 cities across China. Its total exposure to China ---which includesmulti-national companies doing business there --rose 16.6% to $21.8 billion as of the fourth quarter 2020. This was driven by increases in investment securities and consumer banking loans.\nThe bank is planning to include an investment banking unit in China as the nation opens up and liberalizes its financial markets, a person familiar said in October last year. China represents 1.3% of Citi’s total global exposure.\n“We continue to support our clients across China, including banking 70% of the Fortune 500,” said a Citi spokesman.\nMorgan Stanley\nMorgan Stanley’s net exposure to China fell nearly 5% to $3.9 billion as of end December 2020 from the previous year, as it cut back on loans and lending commitments, according to its filing.\nMorgan Stanley has a 51% stake in its China joint venture, while Huaxin Securities holds the remaining 49% stake. In February, the bank’s partner, said that it plans to sell a 39% stake in the venture, opening up for further control.\nThe firm has moved in staff from abroad to take the majority of key roles at Morgan Stanley Huaxin Securities Co., and eventually take full control. Morgan Stanley is seeking to build out an onshore brokerage and will also expand its asset management partnership.\nA Morgan Stanley spokesman declined to comment on the filing.\nBank of America\nAlso cutting back was Bank of America, which saw its net exposure to China fall 13.9% to $13.4 billion as of Dec. 2020 as it reduced funded loans and unfunded loan commitments amid a broader attention to risk during the pandemic, according to the Feb. 24 filing.\nThe net exposure also includes securities and other investments.\nThe Charlotte, North Carolina-based lender said in the filing that in light of the global pandemic, it was “monitoring its non-US exposure closely,” particularly in countries where restrictions on activities to contain the spread of the virus have affected economic activity.\nThe bank also cut its net exposure to Hong Kong by 7.4% to $6.5 billion, but raised it in Singapore by 18.6% to $9.3 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":324099111,"gmtCreate":1615941835633,"gmtModify":1704788683067,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569888006405814","authorIdStr":"3569888006405814"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/324099111","repostId":"1150337731","repostType":4,"repost":{"id":"1150337731","kind":"news","pubTimestamp":1615940075,"share":"https://ttm.financial/m/news/1150337731?lang=&edition=fundamental","pubTime":"2021-03-17 08:14","market":"us","language":"en","title":"Goldman, Citigroup Lead U.S. Banks Plowing Billions Into China","url":"https://stock-news.laohu8.com/highlight/detail?id=1150337731","media":"Bloomberg","summary":"Five big U.S. banks had combined $77.8 billion in exposure\nWall Street is drawn to China economy lik","content":"<ul>\n <li>Five big U.S. banks had combined $77.8 billion in exposure</li>\n <li>Wall Street is drawn to China economy like ‘moths to a flame’</li>\n</ul>\n<p>Goldman Sachs Group Inc.&nbsp;led U.S. banks plowing billions of fresh cash into China last year, undeterred by political turmoil as the world’s second-largest economy further opens its $50 trillion financial market.</p>\n<p>The bank’s “cross currency outstandings” rose 33% to $17.5 billion last year in China, covering a broad array of cash and financing to companies and government entities, according to an annual filing. Together with&nbsp;Citigroup Inc.,JPMorgan Chase &amp; Co.,Bank of America Corp&nbsp;and Morgan Stanley, the five big U.S. banks had $77.8 billion in exposure, up 10% from 2019.</p>\n<p>China’s financial markets are a potent lure for the world’s biggest banks, with billions of profits on the line in investment banking and wealth management. But they also face an opaque regulatory environment and a tense political climate that has deteriorated over the past years and that’s unlikely to see major improvements under the Joe Biden administration.</p>\n<p>The banks are “drawn to strong economic performance like moths to a flame,” said Brock Silvers, chief investment officer at Kaiyuan Capital.</p>\n<p><img src=\"https://static.tigerbbs.com/91da09e32b4c5640fab73f5502c76f4e\" tg-width=\"852\" tg-height=\"531\"></p>\n<p>Europeans banks are also keen to boost investments. London-headquartered&nbsp;HSBC Holdings Plc&nbsp;is increasingly pinning its future to Asia, with plans to invest at least $6 billion across the region, including China.</p>\n<p>Credit Suisse Group AG&nbsp;is&nbsp;seeking&nbsp;to gain full control over its securities venture and plans to double its headcount and revenue in the world’s fastest growing major economy.UBS Group AG&nbsp;also wants to&nbsp;double&nbsp;its China footprint in three to five years, and is seeking to&nbsp;deepen&nbsp;control over its Chinese securities unit.</p>\n<p>But challenges abound. Foreign banks have to navigate a murky regulatory system. Despite China&nbsp;allowing&nbsp;them to apply for full ownership of their partnerships a year ago, none of them have yet been able to secure that. They also have to battle with uncertainty -- as was the case when&nbsp;Ant Group Co.’s initial public offering was derailed days before its scheduled trading debut, putting&nbsp;millions&nbsp;in fees at risk.</p>\n<p>Here’s a rundown on the presence of big U.S. banks in China and their plans.</p>\n<p><b>Goldman Sachs</b></p>\n<p>The New York-based firm opened its Beijing office in 1994, marking the start of a permanent presence on the mainland. It&nbsp;started&nbsp;the process of getting clearance from regulators to take full control of Goldman Sachs Gao Hua and signed a definitive agreement with its partner to buy the 49% of the venture it doesn’t own, according to a memo late last year.</p>\n<p>Full ownership “of our franchise on the mainland represents a significant commitment to and investment in China,” Chief Executive Officer David Solomon, President John Waldron and Chief Financial Officer Stephen Scherr said.</p>\n<p>The move will end the 17-year collaboration with Beijing Gao Hua Securities. It also gives the firm free rein to pursue an expansive growth strategy that includes boosting its workforce in China to 600 and ramping up in asset and wealth management.</p>\n<p>A Goldman spokesman said the firm currently has 70 new positions in mainland China that it’s looking to fill.</p>\n<p><b>JPMorgan</b></p>\n<p>The bank’s total exposure to China rose 10.4% to $21.2 billion as of Dec. 2020, driven by trading and investing, which includes market-making inventory and securities, according to its filing.</p>\n<p>JPMorgan raised its stake in its Chinese securities joint venture to 71% late last year, racing with Goldman Sachs to become the first foreign bank to attain full ownership. It plans to expand its asset and wealth management business as well as its corporate and investment bank, according to a results presentation.</p>\n<p>A JPMorgan spokesman declined to comment.</p>\n<p><b>Citigroup</b></p>\n<p>Citi first established an office in Shanghai in 1902 and has a footprint across 12 cities across China. Its total exposure to China ---which includesmulti-national companies doing business there --rose 16.6% to $21.8 billion as of the fourth quarter 2020. This was driven by increases in investment securities and consumer banking loans.</p>\n<p>The bank is&nbsp;planning&nbsp;to include an investment banking unit in China as the nation opens up and liberalizes its financial markets, a person familiar said in October last year. China represents 1.3% of Citi’s total global exposure.</p>\n<p>“We continue to support our clients across China, including banking 70% of the Fortune 500,” said a Citi spokesman.</p>\n<p><b>Morgan Stanley</b></p>\n<p>Morgan Stanley’s net exposure to China fell nearly 5% to $3.9 billion as of end December 2020 from the previous year, as it cut back on loans and lending commitments, according to its filing.</p>\n<p>Morgan Stanley&nbsp;has a 51% stake in its China joint venture, while Huaxin Securities holds the remaining 49% stake. In February, the bank’s partner, said that it plans to sell a 39% stake in the venture, opening up for further control.</p>\n<p>The firm has&nbsp;moved in staff&nbsp;from abroad to take the majority of key roles at Morgan Stanley Huaxin Securities Co., and eventually take full control. Morgan Stanley is seeking to build out an onshore brokerage and will also expand its asset management partnership.</p>\n<p>A Morgan Stanley spokesman declined to comment on the filing.</p>\n<p><b>Bank of America</b></p>\n<p>Also cutting back was Bank of America, which saw its net exposure to China fall 13.9% to $13.4 billion as of Dec. 2020 as it reduced funded loans and unfunded loan commitments amid a broader attention to risk during the pandemic, according to the Feb. 24 filing.</p>\n<p>The net exposure also includes securities and other investments.</p>\n<p>The Charlotte, North Carolina-based lender said in the filing that in light of the global pandemic, it was “monitoring its non-US exposure closely,” particularly in countries where restrictions on activities to contain the spread of the virus have affected economic activity.</p>\n<p>The bank also cut its net exposure to Hong Kong by 7.4% to $6.5 billion, but raised it in Singapore by 18.6% to $9.3 billion.</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>Goldman, Citigroup Lead U.S. Banks Plowing Billions Into China</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\">\nGoldman, Citigroup Lead U.S. Banks Plowing Billions Into China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-16/goldman-citigroup-lead-u-s-banks-plowing-billions-into-china?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Five big U.S. banks had combined $77.8 billion in exposure\nWall Street is drawn to China economy like ‘moths to a flame’\n\nGoldman Sachs Group Inc. led U.S. banks plowing billions of fresh cash into ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-16/goldman-citigroup-lead-u-s-banks-plowing-billions-into-china?srnd=premium-asia\">Web Link</a>\n\n</div>\n\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","00005":"汇丰控股","000001.SH":"上证指数","JPM":"摩根大通","GS":"高盛","BAC":"美国银行","C":"花旗","HSBC":"汇丰","UBS":"瑞银","MS":"摩根士丹利"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-16/goldman-citigroup-lead-u-s-banks-plowing-billions-into-china?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150337731","content_text":"Five big U.S. banks had combined $77.8 billion in exposure\nWall Street is drawn to China economy like ‘moths to a flame’\n\nGoldman Sachs Group Inc. led U.S. banks plowing billions of fresh cash into China last year, undeterred by political turmoil as the world’s second-largest economy further opens its $50 trillion financial market.\nThe bank’s “cross currency outstandings” rose 33% to $17.5 billion last year in China, covering a broad array of cash and financing to companies and government entities, according to an annual filing. Together with Citigroup Inc.,JPMorgan Chase & Co.,Bank of America Corp and Morgan Stanley, the five big U.S. banks had $77.8 billion in exposure, up 10% from 2019.\nChina’s financial markets are a potent lure for the world’s biggest banks, with billions of profits on the line in investment banking and wealth management. But they also face an opaque regulatory environment and a tense political climate that has deteriorated over the past years and that’s unlikely to see major improvements under the Joe Biden administration.\nThe banks are “drawn to strong economic performance like moths to a flame,” said Brock Silvers, chief investment officer at Kaiyuan Capital.\n\nEuropeans banks are also keen to boost investments. London-headquartered HSBC Holdings Plc is increasingly pinning its future to Asia, with plans to invest at least $6 billion across the region, including China.\nCredit Suisse Group AG is seeking to gain full control over its securities venture and plans to double its headcount and revenue in the world’s fastest growing major economy.UBS Group AG also wants to double its China footprint in three to five years, and is seeking to deepen control over its Chinese securities unit.\nBut challenges abound. Foreign banks have to navigate a murky regulatory system. Despite China allowing them to apply for full ownership of their partnerships a year ago, none of them have yet been able to secure that. They also have to battle with uncertainty -- as was the case when Ant Group Co.’s initial public offering was derailed days before its scheduled trading debut, putting millions in fees at risk.\nHere’s a rundown on the presence of big U.S. banks in China and their plans.\nGoldman Sachs\nThe New York-based firm opened its Beijing office in 1994, marking the start of a permanent presence on the mainland. It started the process of getting clearance from regulators to take full control of Goldman Sachs Gao Hua and signed a definitive agreement with its partner to buy the 49% of the venture it doesn’t own, according to a memo late last year.\nFull ownership “of our franchise on the mainland represents a significant commitment to and investment in China,” Chief Executive Officer David Solomon, President John Waldron and Chief Financial Officer Stephen Scherr said.\nThe move will end the 17-year collaboration with Beijing Gao Hua Securities. It also gives the firm free rein to pursue an expansive growth strategy that includes boosting its workforce in China to 600 and ramping up in asset and wealth management.\nA Goldman spokesman said the firm currently has 70 new positions in mainland China that it’s looking to fill.\nJPMorgan\nThe bank’s total exposure to China rose 10.4% to $21.2 billion as of Dec. 2020, driven by trading and investing, which includes market-making inventory and securities, according to its filing.\nJPMorgan raised its stake in its Chinese securities joint venture to 71% late last year, racing with Goldman Sachs to become the first foreign bank to attain full ownership. It plans to expand its asset and wealth management business as well as its corporate and investment bank, according to a results presentation.\nA JPMorgan spokesman declined to comment.\nCitigroup\nCiti first established an office in Shanghai in 1902 and has a footprint across 12 cities across China. Its total exposure to China ---which includesmulti-national companies doing business there --rose 16.6% to $21.8 billion as of the fourth quarter 2020. This was driven by increases in investment securities and consumer banking loans.\nThe bank is planning to include an investment banking unit in China as the nation opens up and liberalizes its financial markets, a person familiar said in October last year. China represents 1.3% of Citi’s total global exposure.\n“We continue to support our clients across China, including banking 70% of the Fortune 500,” said a Citi spokesman.\nMorgan Stanley\nMorgan Stanley’s net exposure to China fell nearly 5% to $3.9 billion as of end December 2020 from the previous year, as it cut back on loans and lending commitments, according to its filing.\nMorgan Stanley has a 51% stake in its China joint venture, while Huaxin Securities holds the remaining 49% stake. In February, the bank’s partner, said that it plans to sell a 39% stake in the venture, opening up for further control.\nThe firm has moved in staff from abroad to take the majority of key roles at Morgan Stanley Huaxin Securities Co., and eventually take full control. Morgan Stanley is seeking to build out an onshore brokerage and will also expand its asset management partnership.\nA Morgan Stanley spokesman declined to comment on the filing.\nBank of America\nAlso cutting back was Bank of America, which saw its net exposure to China fall 13.9% to $13.4 billion as of Dec. 2020 as it reduced funded loans and unfunded loan commitments amid a broader attention to risk during the pandemic, according to the Feb. 24 filing.\nThe net exposure also includes securities and other investments.\nThe Charlotte, North Carolina-based lender said in the filing that in light of the global pandemic, it was “monitoring its non-US exposure closely,” particularly in countries where restrictions on activities to contain the spread of the virus have affected economic activity.\nThe bank also cut its net exposure to Hong Kong by 7.4% to $6.5 billion, but raised it in Singapore by 18.6% to $9.3 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324099764,"gmtCreate":1615941873258,"gmtModify":1704788682745,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569888006405814","authorIdStr":"3569888006405814"},"themes":[],"htmlText":"*sigh*","listText":"*sigh*","text":"*sigh*","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324099764","repostId":"1110379286","repostType":4,"repost":{"id":"1110379286","kind":"news","pubTimestamp":1615941542,"share":"https://ttm.financial/m/news/1110379286?lang=&edition=fundamental","pubTime":"2021-03-17 08:39","market":"us","language":"en","title":"The Fed must walk a fine line Wednesday as financial markets hang in the balance","url":"https://stock-news.laohu8.com/highlight/detail?id=1110379286","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations fo","content":"<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must walk a fine line Wednesday as financial markets hang in the balance</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\">\nThe Fed must walk a fine line Wednesday as financial markets hang in the balance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/16/federal-reserve-faces-a-communications-test-at-its-meeting-this-week-as-the-economy-improves.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110379286","content_text":"KEY POINTS\n\nThe Federal Reserve concludes its two-day policy meeting Wednesday, with expectations for no change in interest rates.\nHowever, Bank of America said the meeting will be “one of the most critical events for the Fed in some time.”\nChairman Jerome Powell and his fellow policymakers will have to convince investors that the current policy is correct and won’t change in response to a brighter economic outlook and major progress in the Covid-19 fight.\n\nA resurgent economy, percolating inflation and a stock market ripping higher don’t seem to make much of a recipe for easy monetary policy.\nBut that’s the position in which the Federal Reserve finds itself.\nThe challenge for the central bank this week will be to explain that position to investors and assure them that even if the status quo remains, that won’t provoke policymakers to change course, nor should they.\n“The basic line is, ‘Everything looks a little better, but there’s still a lot of uncertainty and we’re not going to do anything soon.’ I’m sure we’ll hear that,” said Bill English, former head of the Fed’s Division of Monetary Affairs and now a finance professor at the Yale School of Management.\n“They do want to suggest that things are better,” he said. “On the other hand, they don’t want to suggest that they’re going to change policy anytime soon. So it’s a tricky communication.”\nThe Federal Open Market Committee, which sets monetary policy, meets Tuesday and Wednesday, followed by a news conference from Fed Chairman Jerome Powell.\nNo one is expecting broad-stroke changes. Short-term borrowing rates will remain near zero, and the Fed will continue buying at least $120 billion a month in bonds to keep markets flowing and financial conditions loose.\nThere will be much for investors to chew on from this meeting.\nEconomic projections due\nFor one, individual members will update their forecasts for gross domestic product, unemployment and inflation.\nThey last submitted estimates in December, before Congress approved two stimulus packages totaling nearly $3 trillion and before a Covid-19 vaccine rollout that is seeing 2.4 million Americans inoculated every day.\nGoldman Sachs recently raised its GDP forecast to 7% for the full year and also sees unemployment falling more rapidly than expected while inflationary pressures heat up.\nBy contrast, the Fed’s Summary of Economic Projections in December indicated a median estimate of just 4.2% for GDP, along with an unemployment rate projection of 5% and core inflation running around 1.8%.\nThose numbers are likely to see “material upward revisions,” according to Bank of America.\nThe GDP figure could be raised by “at least” 1.5 percentage points to a range of 5.7% to 6%, while unemployment could be taken down to 4.8% and inflation raised to the Fed’s 2% target, Bank of America estimated.\nInflation already has become a headache for the Fed, with rising bond yields and market pricing rising, by one measure, to the highest level in nearly 13 years.\nThe bank’s economic team in a note called this week’s meeting “one of the most critical events for the Fed in some time.”\nPowell “will have to strike the right balance” between an optimistic economic outlook and the Fed’s willingness to allow inflation to run hotter than usual in an effort to make sure that employment gains are broad and inclusive of income, race and gender, Bank of America noted.\nPowell could use the occasion to tee up some gradual policy adjustments ahead.\n“This will likely be the Fed’s first step in the less accommodative direction as they move to set the stage for a taper & eventual policy tightening,” the bank’s note said.\nHawkish tilt possible\nIn recent weeks, markets had been speculating that the Fed would adjust its bond purchases to bring down longer-term rates that have jumped to pre-pandemic levels this year and caused volatility in the stock market.\nPowell has pushed back on that notion.\nInvestors, through the Fed’s dot plot of individual members’ expectations, will get a look as to how broad the consensus is for an indefinitely unchanged approach.\n“Ostensibly, everyone is on board with the new framework, but it might not mean the same to everyone,” said Tom Graff, head of fixed income at Brown Advisory. “That might not mean [some members] are hawkish as much as they just view this average inflation targeting regime will work differently than maybe Powell does.”\nThe market, then, could be left to decipher which policy “dots” are moving toward rate hikes. The market already is pricing in the possibility of increases in late-2022 and three total by the end of 2023, according to Citigroup. Current Fed estimates are for no moves until at least 2024.\n“It’s going to be interesting, because how do you upgrade your GDP forecasts to 7% and your inflation target to 2% and your forecast for unemployment to 5% and then say we’re going to be super easy,” said Kathy Jones, chief fixed income strategist at Charles Schwab. “What they’ll try to emphasize is patience.”\nJones said she doesn’t expect a shift in policy yet, with Powell emphasizing the importance of “as broad and inclusive increase in employment and decrease in unemployment as possible before they even consider raising rates.”\n“They’re pretty comfortable waiting it out,” she said.\nEnglish, the former Fed official and Yale professor, said Powell will emphasize “uncertainty” despite the progress with the virus and the economy.\n“Part of the communication will be ‘our reaction function hasn’t changed. We still want to achieve our objectives, we’re still going to be patient,’” he said. “The most likely outlook is better, but the world is an uncertain place. A lot can happen.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":208860384137376,"gmtCreate":1692015228225,"gmtModify":1692016702281,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569888006405814","authorIdStr":"3569888006405814"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208860384137376","repostId":"208351494856768","repostType":1,"repost":{"id":208351494856768,"gmtCreate":1691920828410,"gmtModify":1691921577008,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3570103090255456","authorIdStr":"3570103090255456"},"themes":[],"title":"If CPI Continues To Rise, Will Fed Raise Interest Again?","htmlText":"The weekend is upon us. It is time to kick off the shoes and relax a bit, even for a fleeting moment. Still doing my readings on varied topics / subjects to keep engaged. Also, letting my imaginations run amok as I hypothesize about the “what-ifs”. In another Multi-verse, it might just be the “truth”. What am I getting up to? US July Consumer Price Index (CPI) was released on Thu, 10 Jul 2023. It came in at 3.2%; 1% off the mark from wall street 3.3% forecast. Comparatively speaking, its +0.2% higher than June 3.0% CPI though. Backdrop Against The 3.2% July CPI: The Kingdom and Russia have “volunteered” to reduce output capacity by 1 Million barrels per day since July 2023. This has “effectively” drove up oil prices. On 03 Aug 2023, Saudi Arabia announced that the additional 1 Million b/d","listText":"The weekend is upon us. It is time to kick off the shoes and relax a bit, even for a fleeting moment. Still doing my readings on varied topics / subjects to keep engaged. Also, letting my imaginations run amok as I hypothesize about the “what-ifs”. In another Multi-verse, it might just be the “truth”. What am I getting up to? US July Consumer Price Index (CPI) was released on Thu, 10 Jul 2023. It came in at 3.2%; 1% off the mark from wall street 3.3% forecast. Comparatively speaking, its +0.2% higher than June 3.0% CPI though. Backdrop Against The 3.2% July CPI: The Kingdom and Russia have “volunteered” to reduce output capacity by 1 Million barrels per day since July 2023. This has “effectively” drove up oil prices. On 03 Aug 2023, Saudi Arabia announced that the additional 1 Million b/d","text":"The weekend is upon us. It is time to kick off the shoes and relax a bit, even for a fleeting moment. Still doing my readings on varied topics / subjects to keep engaged. Also, letting my imaginations run amok as I hypothesize about the “what-ifs”. In another Multi-verse, it might just be the “truth”. What am I getting up to? US July Consumer Price Index (CPI) was released on Thu, 10 Jul 2023. It came in at 3.2%; 1% off the mark from wall street 3.3% forecast. Comparatively speaking, its +0.2% higher than June 3.0% CPI though. Backdrop Against The 3.2% July CPI: The Kingdom and Russia have “volunteered” to reduce output capacity by 1 Million barrels per day since July 2023. This has “effectively” drove up oil prices. On 03 Aug 2023, Saudi Arabia announced that the additional 1 Million b/d","images":[{"img":"https://community-static.tradeup.com/news/fca5fe8b903fec7e6f390d9bcc54ba9f","width":"812","height":"181"},{"img":"https://community-static.tradeup.com/news/42e2fc7e39dae527ff71907bc13e9dbd","width":"855","height":"687"},{"img":"https://community-static.tradeup.com/news/173ee75230c40ef9a8f4b447c09db560","width":"2175","height":"467"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208351494856768","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":14,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258795798581320,"gmtCreate":1704216463415,"gmtModify":1704216485679,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569888006405814","authorIdStr":"3569888006405814"},"themes":[],"title":"Tiger Tycoon","htmlText":"Find out more here: <a href=\"https://www.heytigers.com/activity/market/2024/tiger-tycoon?adcode=20231208151108&amp;actionID=560627806d2ba5d45212dc82c49eed6a&amp;skin=2&amp;os=iOS&amp;account_id=50426114&amp;utm_source=invite&amp;utm_campaign=20231208151108&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=a5c64e833883d881464d7739a578e894&amp;invite=I4JKKY&amp;lang=en_US#/\">Tiger Tycoon</a> Get ready to WIN up to $888!","listText":"Find out more here: <a href=\"https://www.heytigers.com/activity/market/2024/tiger-tycoon?adcode=20231208151108&amp;actionID=560627806d2ba5d45212dc82c49eed6a&amp;skin=2&amp;os=iOS&amp;account_id=50426114&amp;utm_source=invite&amp;utm_campaign=20231208151108&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=a5c64e833883d881464d7739a578e894&amp;invite=I4JKKY&amp;lang=en_US#/\">Tiger Tycoon</a> Get ready to WIN up to $888!","text":"Find out more here: Tiger Tycoon Get ready to WIN up to $888!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258795798581320","isVote":1,"tweetType":1,"viewCount":540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":208860178849992,"gmtCreate":1692015219982,"gmtModify":1692016702226,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569888006405814","authorIdStr":"3569888006405814"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208860178849992","repostId":"208437338615864","repostType":1,"repost":{"id":208437338615864,"gmtCreate":1691912029273,"gmtModify":1691914607000,"author":{"id":"3572212908677301","authorId":"3572212908677301","name":"TigerOptions","avatar":"https://community-static.tradeup.com/news/20925853481806adc78dcdfe25f2fe89","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572212908677301","authorIdStr":"3572212908677301"},"themes":[],"title":"Exploring $HUT's Financial Landscape","htmlText":"In the ever-evolving world of finance and investment, opportunities often emerge from the most unexpected places. One such intriguing possibility is <a href=\"https://ttm.financial/S/HUT\">$Hut 8 Mining Corp(HUT)$&nbsp;</a>, a company that has captured the attention of those who seek exposure to the burgeoning realm of cryptocurrency and blockchain technology.&nbsp; Unraveling the Story Behind HUT 8 Mining Corp. is a Canada-based cryptocurrency mining company, specializing in the mining of Bitcoin and other digital assets. The company operates data centers that house the infrastructure required for the energy-intensive process of mining these cryptocurrencies. Founded in 2017, HUT 8 has rapidly established itself as a significant player in the cryptocurrency mining sector. Bitcoin's meteoric","listText":"In the ever-evolving world of finance and investment, opportunities often emerge from the most unexpected places. One such intriguing possibility is <a href=\"https://ttm.financial/S/HUT\">$Hut 8 Mining Corp(HUT)$&nbsp;</a>, a company that has captured the attention of those who seek exposure to the burgeoning realm of cryptocurrency and blockchain technology.&nbsp; Unraveling the Story Behind HUT 8 Mining Corp. is a Canada-based cryptocurrency mining company, specializing in the mining of Bitcoin and other digital assets. The company operates data centers that house the infrastructure required for the energy-intensive process of mining these cryptocurrencies. Founded in 2017, HUT 8 has rapidly established itself as a significant player in the cryptocurrency mining sector. Bitcoin's meteoric","text":"In the ever-evolving world of finance and investment, opportunities often emerge from the most unexpected places. One such intriguing possibility is $Hut 8 Mining Corp(HUT)$ , a company that has captured the attention of those who seek exposure to the burgeoning realm of cryptocurrency and blockchain technology. Unraveling the Story Behind HUT 8 Mining Corp. is a Canada-based cryptocurrency mining company, specializing in the mining of Bitcoin and other digital assets. The company operates data centers that house the infrastructure required for the energy-intensive process of mining these cryptocurrencies. Founded in 2017, HUT 8 has rapidly established itself as a significant player in the cryptocurrency mining sector. Bitcoin's meteoric","images":[{"img":"https://community-static.tradeup.com/news/8421307d716a5b38858ca1d03c88c1eb","width":"1024","height":"1024"},{"img":"https://community-static.tradeup.com/news/897dd336403f3cde244d4c70cdffae9a","width":"1024","height":"1024"},{"img":"https://community-static.tradeup.com/news/e96c65ff7978733aa9908af75e274380","width":"1024","height":"1024"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208437338615864","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":208860677972104,"gmtCreate":1692015211273,"gmtModify":1692016702170,"author":{"id":"3569888006405814","authorId":"3569888006405814","name":"AlexinTL","avatar":"https://static.tigerbbs.com/a6ec506f89fa76876d3de3ab33bdb9e6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569888006405814","authorIdStr":"3569888006405814"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208860677972104","repostId":"208356442746928","repostType":1,"repost":{"id":208356442746928,"gmtCreate":1691892093990,"gmtModify":1691892441251,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574381076586256","authorIdStr":"3574381076586256"},"themes":[],"title":"Preview of the week starting 14Aug2023 - can the tide rise at SEA?","htmlText":"Public Holidays No public holidays for Hong Kong, Singapore, the US &amp; China in the coming week. Economic Calendar (14Aug2023) Economic Calendar for the week starting 14 Aug 2023 Notable Highlights Retail data - Core retail sales and retail sales data will be announced this week. This reflects consumption in the USA. Building Permits. This will shed some light pertaining to real estate. Philadelphia Fed Manufacturing Index. From investing &gt; The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. Jobless claim","listText":"Public Holidays No public holidays for Hong Kong, Singapore, the US &amp; China in the coming week. Economic Calendar (14Aug2023) Economic Calendar for the week starting 14 Aug 2023 Notable Highlights Retail data - Core retail sales and retail sales data will be announced this week. This reflects consumption in the USA. Building Permits. This will shed some light pertaining to real estate. Philadelphia Fed Manufacturing Index. From investing &gt; The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. Jobless claim","text":"Public Holidays No public holidays for Hong Kong, Singapore, the US & China in the coming week. Economic Calendar (14Aug2023) Economic Calendar for the week starting 14 Aug 2023 Notable Highlights Retail data - Core retail sales and retail sales data will be announced this week. This reflects consumption in the USA. Building Permits. This will shed some light pertaining to real estate. Philadelphia Fed Manufacturing Index. From investing > The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. Jobless claim","images":[{"img":"https://community-static.tradeup.com/news/8c9cb9f1cf60ac8cc17c70cd0e96169f","width":"886","height":"406"},{"img":"https://community-static.tradeup.com/news/64d65d70353835426762396006b627a1","width":"1456","height":"819"},{"img":"https://community-static.tradeup.com/news/00f2a0c6a4f8317b1060ba81a6bf807c","width":"1456","height":"772"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208356442746928","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":12,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}