Zhaoxiang personal page - To The Moon

Zhaoxiang

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2022-07-05

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Price Target Changes｜Tesla Reduced to $385 by JPM; Alphabet Lowered to $3,000 by Barclays

2022-07-04

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5 Remarkable Stocks That Can Guide You to Financial Independence in 20 Years

2024-03-28

$NXBR(NXBR)$ how do I sell?

2022-09-01

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Charlie Munger Predicted "Considerable Trouble" For Markets: SPY Implications

2022-09-25

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2022-07-27

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@Chris23:Inflation: Back to that 70s show?

2024-01-11

ok

@TigerEvents:🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅

2024-01-11

Just for the free chance haha

2024-01-10

Gogo ok let go trying to share

2024-01-10

Repost

@TigerEvents:🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅

Go to Tiger App to see more news

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16:16","market":"us","language":"en","title":"Tesla's Former Global Sales Chief Thinks EVs Can Grow Without Subsidies As Trump Ends EV Credit: 'We're Probably Ready…'","url":"https://stock-news.laohu8.com/highlight/detail?id=2572508170","media":"Benzinga_recent_news","summary":"The EV market can grow without subsidies like the $7,500 EV Credit as Jon McNeill says affordable EVs will drive adoption.","content":"<div>\n<p>Former Tesla Inc. (NASDAQ:TSLA) President for Global Sales and Service, Jon McNeill, thinks that the EV sector can grow without subsidies like the $7,500 EV Credit, which ended after President Donald ...</p>\n\n<a href=\"https://www.benzinga.com/markets/tech/25/10/48011352/teslas-former-global-sales-chief-thinks-evs-can-grow-without-subsidies-as-trump-ends-ev-credit-were-probably-ready\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","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>Tesla's Former Global Sales Chief Thinks EVs Can Grow Without Subsidies As Trump Ends EV Credit: 'We're Probably Ready…'</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\">\nTesla's Former Global Sales Chief Thinks EVs Can Grow Without Subsidies As Trump Ends EV Credit: 'We're Probably Ready…'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-03 16:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/tech/25/10/48011352/teslas-former-global-sales-chief-thinks-evs-can-grow-without-subsidies-as-trump-ends-ev-credit-were-probably-ready><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Former Tesla Inc. (NASDAQ:TSLA) President for Global Sales and Service, Jon McNeill, thinks that the EV sector can grow without subsidies like the $7,500 EV Credit, which ended after President Donald ...</p>\n\n<a href=\"https://www.benzinga.com/markets/tech/25/10/48011352/teslas-former-global-sales-chief-thinks-evs-can-grow-without-subsidies-as-trump-ends-ev-credit-were-probably-ready\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://cdn.benzinga.com/files/images/story/2025/10/03/Tesla.jpeg?optimize=medium&dpr=2&auto=webp&width=240","relate_stocks":{"TSLL":"2倍做多TSLA ETF-Direxion","TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/markets/tech/25/10/48011352/teslas-former-global-sales-chief-thinks-evs-can-grow-without-subsidies-as-trump-ends-ev-credit-were-probably-ready","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2572508170","content_text":"Former Tesla Inc. (NASDAQ:TSLA) President for Global Sales and Service, Jon McNeill, thinks that the EV sector can grow without subsidies like the $7,500 EV Credit, which ended after President Donald Trump‘s September 30 deadline.\nCheck out the price of TSLA here.\nMcNeill, who currently serves as a member of the General Motors Co. (NYSE:GM) Board, spoke to CNBC in an interview on Thursday, where he shared his thoughts. \"This is one of the few markets where the U.S. is not ahead in terms of technology; it's actually a step or two behind,\" McNeill said.\nHe added that markets in Europe, like France and Germany, pulled subsidies back, despite which \"surprisingly, the market continued to grow,\" because manufacturers continued to offer EV models in the market. \"We now have 65 model choices of EVs in the U.S.,\" McNeill said, adding that every one out of four vehicles sold in the market is electrified (counting hybrids).  \n\"We're probably ready to have a market that can grow without subsidies,\" McNeill said. He also added that affordable EVs on sale will further drive adoption in the country. Speaking about Tesla, McNeill conceded there has been a pull forward owing to the end of the Federal EV Credit.\n\"The demand pull forward definitely showed in their quarter, but it showed for everybody else too,\" McNeill said about Tesla’s strong Q3 results. Tesla delivered 497,000 units in Q3 2025, delivery data released by the EV giant showed.\nMcNeill also addressed concerns that manufacturers are considering EVs as temporary power sources, allowing electricity to be sent back to the grid. He mentioned that local authorities are offering EV owners breaks on utilities if they agree to let the city access a part of their EV's battery.\nThe news comes as GM and Ford Motor Co. (NYSE:F) are reportedly considering extending the Federal EV Credit via their financing arms. The companies reportedly paid dealers a down payment on units before September 30 to qualify the units for the EV credit, which the dealers would then pass on to the customers.\nMeanwhile, Ford CEO Jim Farley hailed the Trump administration's decision to relax emissions standards, calling it a \"tailwind\" for the company. \"I don’t think the market has understood the benefit of the EPA rule change,\" Farley said recently.\nElsewhere, California Governor Gavin Newsom confirmed that the state would be rolling back on plans to offer bespoke incentives on EVs after the Federal EV Credit is halted. Newsom had earlier criticized GM CEO Mary Barra for selling out California's EV push.\nOn the other hand, Tesla sales continue to fall despite strong Q3 delivery results, with the latest data released by Italian authorities showcasing that the company's sales fell more than 25% in the region during September.\nTesla scores well on Momentum and Growth metrics, while offering satisfactory Quality, but poor Value. Tesla also offers a favorable price trend in the Short, Medium and Long term. For more such insights, sign up for Benzinga Edge Stock Rankings today!\nCheck out more of Benzinga's Future Of Mobility coverage by following this link.\nRead Next:\nPhoto courtesy: Shutterstock","news_type":1,"symbols_score_info":{"TSLA":1.5,"TSLL":1.5}},"isVote":1,"tweetType":1,"viewCount":1017,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373949527183576,"gmtCreate":1732305725979,"gmtModify":1732305728864,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a>&nbsp;","text":"$NIO Inc.(NIO)$","images":[{"img":"https://community-static.tradeup.com/news/ebd451d7cc2939b1a4557c2691a9ea52","width":"898","height":"1530"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373949527183576","isVote":1,"tweetType":1,"viewCount":2350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":373822303985976,"gmtCreate":1732305709725,"gmtModify":1732305714459,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a>&nbsp;","text":"$NIO Inc.(NIO)$","images":[{"img":"https://community-static.tradeup.com/news/1e8b8c2f56b76e4bfd6075fcc151f88c","width":"898","height":"1530"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373822303985976","isVote":1,"tweetType":1,"viewCount":2739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":289206190731280,"gmtCreate":1711641503316,"gmtModify":1711641506769,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NXBR\">$NXBR(NXBR)$ </a> how do I sell?","listText":"<a href=\"https://ttm.financial/S/NXBR\">$NXBR(NXBR)$ </a> how do I sell?","text":"$NXBR(NXBR)$ how do I sell?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/289206190731280","isVote":1,"tweetType":1,"viewCount":4640,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4108039255054090","authorId":"4108039255054090","name":"財運到財源滾滾到","avatar":"https://static.itradeup.com/news/22286dc448ea1cc1761221871c92530e","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4108039255054090","idStr":"4108039255054090"},"content":"when you going to trade it shown (The Prime Account does not support the trading) , you can call Tiger to request the form to trade manually but not all stocks, ask the procedure.","text":"when you going to trade it shown (The Prime Account does not support the trading) , you can call Tiger to request the form to trade manually but not all stocks, ask the procedure.","html":"when you going to trade it shown (The Prime Account does not support the trading) , you can call Tiger to request the form to trade manually but not all stocks, ask the procedure."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261813091336488,"gmtCreate":1704929576181,"gmtModify":1704929579287,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261813091336488","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261812565319864,"gmtCreate":1704929566660,"gmtModify":1704929572910,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Just for the free chance haha","listText":"Just for the free chance haha","text":"Just for the free chance haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261812565319864","isVote":1,"tweetType":1,"viewCount":3644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261359380082888,"gmtCreate":1704818804926,"gmtModify":1704818808708,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Gogo ok let go trying to share","listText":"Gogo ok let go trying to share","text":"Gogo ok let go trying to share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261359380082888","isVote":1,"tweetType":1,"viewCount":2868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261356522995960,"gmtCreate":1704818260502,"gmtModify":1704818265459,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Repost","listText":"Repost","text":"Repost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261356522995960","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988180354,"gmtCreate":1666694203978,"gmtModify":1676537791041,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988180354","repostId":"9988192559","repostType":1,"isVote":1,"tweetType":1,"viewCount":3170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911935122,"gmtCreate":1664111455166,"gmtModify":1676537391806,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9911935122","isVote":1,"tweetType":1,"viewCount":3459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939989013,"gmtCreate":1662041568435,"gmtModify":1676536710915,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939989013","repostId":"1122895763","repostType":4,"repost":{"id":"1122895763","kind":"news","pubTimestamp":1662045547,"share":"https://ttm.financial/m/news/1122895763?lang=en_US&edition=fundamental","pubTime":"2022-09-01 23:19","market":"us","language":"en","title":"Charlie Munger Predicted \"Considerable Trouble\" For Markets: SPY Implications","url":"https://stock-news.laohu8.com/highlight/detail?id=1122895763","media":"Seeking Alpha","summary":"SummaryEarlier this year, billionaire investor Charlie Munger predicted that the markets would face ","content":"<html><head></head><body><p>Summary</p><ul><li>Earlier this year, billionaire investor Charlie Munger predicted that the markets would face &#34;considerable trouble.&#34;</li><li>We take a look at his prediction in light of recent macroeconomic developments and its implications for the S&amp;P 500.</li><li>We also share our approach to investing in the current environment.</li></ul><p>Billionaire investor Charlie Munger - Warren Buffett&#39;s partner at <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway </a> - recently opined that &#34;considerable trouble&#34; was coming for markets at the Daily Journal&#39;s (DJCO) annual meeting earlier this year, stating:</p><blockquote><i>What we&#39;re getting iswretched excess and danger for the country. Everybody loves it because it&#39;s like a bunch of people getting drunk at a party; they&#39;re having so much fun getting drunk that they don&#39;t think about the consequences. Eventually, there will be considerable trouble because of the wretched excess, that&#39;s the way it&#39;s usually worked in the past.</i></blockquote><p>He went on define what he meant by wretched excess:</p><blockquote><i>Certainly, the great short squeeze in GameStop (GME) was wretched excess. Certainly, the bitcoin (BTC-USD) thing is wretched excess. I would argue venture capital is throwing too much money too fast, and there&#39;s a considerable wretched excess in venture capital and other forms of private equity...There&#39;s never been anything quite like what we&#39;re doing now. We do know from what&#39;s happened in other nations, if you try and print too much money it eventually causes terrible trouble. We&#39;re closer to terrible trouble than we&#39;ve been in the past, but it may still be a long way off.&#34;</i></blockquote><p>While the <a href=\"https://laohu8.com/S/SPY\">SPDR S&amp;P 500 Trust ETF</a> has delivered -8.57% returns since that meeting, it has not yet experienced the &#34;considerable trouble&#34; of which Mr. Munger spoke:</p><p><img src=\"https://static.tigerbbs.com/aa9e327d28d335c1ba952173a78d8bcb\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/>SPY Total Return Price data by YCharts</p><p>However, we can certainly see that the wretched excess has continued in the months since and the symptoms of it have also increased. While the crypto bubble has continued to burst, with bitcoin down an addition 56% since Mr. Munger&#39;s remarks, <a href=\"https://laohu8.com/S/GME\">GME</a> continues to enjoy an elevated valuation:</p><p><img src=\"https://static.tigerbbs.com/5a461d8b52be2c08bfdea7bd63aa4a6f\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"/>GME data by YCharts</p><p>We can also see that interest rates remain near historic lows - despite rising considerably in recent months - and the highly inflated money supply has remained relatively flat since Mr. Munger made his remarks:</p><p><img src=\"https://static.tigerbbs.com/657129e113ae6df9d1e40ca014384412\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\"/>US Long-Term Interest Rates data by YCharts</p><p>We can also see that market indexes and especially housing prices remain elevated:</p><p><img src=\"https://static.tigerbbs.com/13c7438df5f55651979a20fdff9651ff\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\"/>SPY data by YCharts</p><p>However, the consequences of all this excess and bubble-like behavior are beginning to be felt, with GDP declining for two quarters in a row and inflation soaring to four-decade highs in recent months:</p><p><img src=\"https://static.tigerbbs.com/be6eb93157e6cb1f12a1b5b0d7519ff8\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/>US Consumer Price Index YoY data by YCharts</p><p>In this article, we will discuss the implications that this has for the SPY as well as our investing approach in the current environment.</p><h3>Implication #1: Forward Returns Are Likely To Be Lackluster</h3><p>The biggest takeaway from Mr. Munger&#39;s remarks in light of current macroeconomic and market conditions is that forward returns for the SPY are likely to be lackluster. The reasons for this are pretty straightforward:</p><p>1. The economic growth outlook is weak, if not negative for the foreseeable future. Without strong economic growth, earnings growth is bound to be weak as well.</p><p>2. Valuation multiples are elevated relative to historical averages. According to datacompiledby Current Market Valuation based on an equally weighted average of the Yield Curve, Buffett indicator, P/E Ratio, Interest Rate, Margin Debt, and S&amp;P 500 Mean Reversion models based on historical data, the market is currently towards the upper end of the fairly valued range. This means that it is almost overvalued, implying that the market is likely to experience lackluster, if not poor, returns for the foreseeable future. The SPY is overvalued according to the Yield Curve, Buffett Indicator, P/E Ratio, and S&amp;P 500 Mean Reversion models, is slightly above fair value according to the Interest Rate model, and slightly below fair value according to the Margin Debt model.</p><p>3. Interest rates are likely to rise further, based on persistently high inflation and the Federal Reserve&#39;s latestcomments. Higher interest rates in the near future will make the market seem overvalued at present according to the Interest Rate model, adding further weight to the argument that the market is overvalued at the moment. Higher interest rates will also act like gravity on asset valuations, driving them lower.</p><p>When you combine weak growth with a lack of multiple expansion (and in fact likely multiple compression), very low dividend yields, and likely interest rate increases, there are no real catalysts to drive stock market returns.</p><h3>Implication #2: Volatility Will Likely Be Elevated For The Foreseeable Future</h3><p>That said, interest rates do remain historically cheap and there is still a lot of excess capital sloshing around in the global markets. As a result, there will still likely be plenty of dip buying, especially on any hints of inflation declining, the economy weathering the current headwinds better than expected, and/or the Federal Reserve beginning to change its hawkish stance. As the bulls and bears continue to duke it out in aggressive fashion, with bulls aggressively buying dips and bears aggressively selling rips on renewed fears of a recession and/or further interest rate hikes, volatility will likely remain elevated.</p><p>On top of that, with geopolitical risks mounting in East Asia, the Middle East, and Eastern Europe, there are plenty of potential further catalysts for sending stocks plunging lower at a minute&#39;s notice.</p><h3>Implication #3: A Market Crash Is Very Possible</h3><p>As already indicated in implication #2, a market crash is also very possible at the moment. The reasons for it are simple:</p><p>1. As already highlighted, valuations are already bloated, so a crash would not require a stark departure from historical valuation levels. In fact, a crash might be necessary to fully correct financial markets from all of the artificial stimulus from central bankers over the past decade.</p><p>2. There are numerous catalysts which could spark a market crash, and they seem more likely at the moment than at any time in recent memory: any number of geopolitical crises, ranging from a Chinese invasion of Taiwan, to the war in Europe going nuclear, to a major energy crisis if a war begins between Iran and Saudi Arabia, a massive cyber-attack that significantly disrupts the global economy, a major new pandemic or variant of COVID-19 emerging, or even possibly a major global recession.</p><h3>Investor Takeaway</h3><p>While these are certainly complicated, if not extremely challenging, times for investors trying to navigate the markets, we are remaining fully invested. However, we are keeping the following principles in mind to guide us with greater prudence during this period:</p><p>1. We are being highly selective by only investing in securities that appear to have a clear margin of safety, while keeping a small weighting in our most cyclical positions and overweighting our most defensive positions.</p><p>2. We are avoiding taking on any personal leverage through this period in order to minimize our risk of outsized losses in the event of a market crash and to give us the capacity to potentially create some dry powder to capitalize on a market crash.</p><p>3. We are also investing in securities that profit from elevated volatility as we believe that - even in a scenario where the markets do not experience a full-fledged crash - volatility levels will likely be above average for the foreseeable future due to the geopolitical and macroeconomic jitters that are gripping the markets with increasing frequency. As the chart below indicates, volatility as depicted by theVIXis up significantly from where it was before COVID-19 and is even up in 2022 relative to the second half of 2021.</p><p><img src=\"https://static.tigerbbs.com/61315c652f099418782c73479f3dd50a\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/>VIXdata by YCharts</p><p>For those who choose to continue investing in low-cost index funds like SPY, we are not bullish in the short-term, as - for the reasons outlined in this article - we expect lackluster economic growth, elevated valuations, rising interest rates, and the rising risks of a black swan event to suppress broad market total returns for the foreseeable future. As a result, we encourage investors to be more selective in the current environment than to blindly buy the broader market. At the same time, for those committed to passive investing over the long term, remaining fully invested with a practice of consistent long-term dollar cost averaging and prudent personal financial management is unlikely to deliver disappointing results over the course of decades. For that reason, we give the SPY a Hold rating right now.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Charlie Munger Predicted \"Considerable Trouble\" For Markets: SPY Implications</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\">\nCharlie Munger Predicted \"Considerable Trouble\" For Markets: SPY Implications\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-01 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4537755-charlie-munger-predicted-considerable-trouble-for-markets-spy-implications><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryEarlier this year, billionaire investor Charlie Munger predicted that the markets would face \"considerable trouble.\"We take a look at his prediction in light of recent macroeconomic ...</p>\n\n<a href=\"https://seekingalpha.com/article/4537755-charlie-munger-predicted-considerable-trouble-for-markets-spy-implications\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4537755-charlie-munger-predicted-considerable-trouble-for-markets-spy-implications","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122895763","content_text":"SummaryEarlier this year, billionaire investor Charlie Munger predicted that the markets would face \"considerable trouble.\"We take a look at his prediction in light of recent macroeconomic developments and its implications for the S&P 500.We also share our approach to investing in the current environment.Billionaire investor Charlie Munger - Warren Buffett's partner at Berkshire Hathaway  - recently opined that \"considerable trouble\" was coming for markets at the Daily Journal's (DJCO) annual meeting earlier this year, stating:What we're getting iswretched excess and danger for the country. Everybody loves it because it's like a bunch of people getting drunk at a party; they're having so much fun getting drunk that they don't think about the consequences. Eventually, there will be considerable trouble because of the wretched excess, that's the way it's usually worked in the past.He went on define what he meant by wretched excess:Certainly, the great short squeeze in GameStop (GME) was wretched excess. Certainly, the bitcoin (BTC-USD) thing is wretched excess. I would argue venture capital is throwing too much money too fast, and there's a considerable wretched excess in venture capital and other forms of private equity...There's never been anything quite like what we're doing now. We do know from what's happened in other nations, if you try and print too much money it eventually causes terrible trouble. We're closer to terrible trouble than we've been in the past, but it may still be a long way off.\"While the SPDR S&P 500 Trust ETF has delivered -8.57% returns since that meeting, it has not yet experienced the \"considerable trouble\" of which Mr. Munger spoke:SPY Total Return Price data by YChartsHowever, we can certainly see that the wretched excess has continued in the months since and the symptoms of it have also increased. While the crypto bubble has continued to burst, with bitcoin down an addition 56% since Mr. Munger's remarks, GME continues to enjoy an elevated valuation:GME data by YChartsWe can also see that interest rates remain near historic lows - despite rising considerably in recent months - and the highly inflated money supply has remained relatively flat since Mr. Munger made his remarks:US Long-Term Interest Rates data by YChartsWe can also see that market indexes and especially housing prices remain elevated:SPY data by YChartsHowever, the consequences of all this excess and bubble-like behavior are beginning to be felt, with GDP declining for two quarters in a row and inflation soaring to four-decade highs in recent months:US Consumer Price Index YoY data by YChartsIn this article, we will discuss the implications that this has for the SPY as well as our investing approach in the current environment.Implication #1: Forward Returns Are Likely To Be LacklusterThe biggest takeaway from Mr. Munger's remarks in light of current macroeconomic and market conditions is that forward returns for the SPY are likely to be lackluster. The reasons for this are pretty straightforward:1. The economic growth outlook is weak, if not negative for the foreseeable future. Without strong economic growth, earnings growth is bound to be weak as well.2. Valuation multiples are elevated relative to historical averages. According to datacompiledby Current Market Valuation based on an equally weighted average of the Yield Curve, Buffett indicator, P/E Ratio, Interest Rate, Margin Debt, and S&P 500 Mean Reversion models based on historical data, the market is currently towards the upper end of the fairly valued range. This means that it is almost overvalued, implying that the market is likely to experience lackluster, if not poor, returns for the foreseeable future. The SPY is overvalued according to the Yield Curve, Buffett Indicator, P/E Ratio, and S&P 500 Mean Reversion models, is slightly above fair value according to the Interest Rate model, and slightly below fair value according to the Margin Debt model.3. Interest rates are likely to rise further, based on persistently high inflation and the Federal Reserve's latestcomments. Higher interest rates in the near future will make the market seem overvalued at present according to the Interest Rate model, adding further weight to the argument that the market is overvalued at the moment. Higher interest rates will also act like gravity on asset valuations, driving them lower.When you combine weak growth with a lack of multiple expansion (and in fact likely multiple compression), very low dividend yields, and likely interest rate increases, there are no real catalysts to drive stock market returns.Implication #2: Volatility Will Likely Be Elevated For The Foreseeable FutureThat said, interest rates do remain historically cheap and there is still a lot of excess capital sloshing around in the global markets. As a result, there will still likely be plenty of dip buying, especially on any hints of inflation declining, the economy weathering the current headwinds better than expected, and/or the Federal Reserve beginning to change its hawkish stance. As the bulls and bears continue to duke it out in aggressive fashion, with bulls aggressively buying dips and bears aggressively selling rips on renewed fears of a recession and/or further interest rate hikes, volatility will likely remain elevated.On top of that, with geopolitical risks mounting in East Asia, the Middle East, and Eastern Europe, there are plenty of potential further catalysts for sending stocks plunging lower at a minute's notice.Implication #3: A Market Crash Is Very PossibleAs already indicated in implication #2, a market crash is also very possible at the moment. The reasons for it are simple:1. As already highlighted, valuations are already bloated, so a crash would not require a stark departure from historical valuation levels. In fact, a crash might be necessary to fully correct financial markets from all of the artificial stimulus from central bankers over the past decade.2. There are numerous catalysts which could spark a market crash, and they seem more likely at the moment than at any time in recent memory: any number of geopolitical crises, ranging from a Chinese invasion of Taiwan, to the war in Europe going nuclear, to a major energy crisis if a war begins between Iran and Saudi Arabia, a massive cyber-attack that significantly disrupts the global economy, a major new pandemic or variant of COVID-19 emerging, or even possibly a major global recession.Investor TakeawayWhile these are certainly complicated, if not extremely challenging, times for investors trying to navigate the markets, we are remaining fully invested. However, we are keeping the following principles in mind to guide us with greater prudence during this period:1. We are being highly selective by only investing in securities that appear to have a clear margin of safety, while keeping a small weighting in our most cyclical positions and overweighting our most defensive positions.2. We are avoiding taking on any personal leverage through this period in order to minimize our risk of outsized losses in the event of a market crash and to give us the capacity to potentially create some dry powder to capitalize on a market crash.3. We are also investing in securities that profit from elevated volatility as we believe that - even in a scenario where the markets do not experience a full-fledged crash - volatility levels will likely be above average for the foreseeable future due to the geopolitical and macroeconomic jitters that are gripping the markets with increasing frequency. As the chart below indicates, volatility as depicted by theVIXis up significantly from where it was before COVID-19 and is even up in 2022 relative to the second half of 2021.VIXdata by YChartsFor those who choose to continue investing in low-cost index funds like SPY, we are not bullish in the short-term, as - for the reasons outlined in this article - we expect lackluster economic growth, elevated valuations, rising interest rates, and the rising risks of a black swan event to suppress broad market total returns for the foreseeable future. As a result, we encourage investors to be more selective in the current environment than to blindly buy the broader market. At the same time, for those committed to passive investing over the long term, remaining fully invested with a practice of consistent long-term dollar cost averaging and prudent personal financial management is unlikely to deliver disappointing results over the course of decades. For that reason, we give the SPY a Hold rating right now.","news_type":1,"symbols_score_info":{"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":2888,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909766443,"gmtCreate":1658929228782,"gmtModify":1676536229927,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9909766443","repostId":"9909981140","repostType":1,"repost":{"id":9909981140,"gmtCreate":1658798069480,"gmtModify":1676536209246,"author":{"id":"3576190733155282","authorId":"3576190733155282","name":"Chris23","avatar":"https://community-static.tradeup.com/news/f76eb3b5f59a69dfc75dd237e6ba8d9c","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576190733155282","idStr":"3576190733155282"},"themes":[],"title":"Inflation: Back to that 70s show?","htmlText":"Last month marked the highest level of inflation in 40 years as the Consumer Price Index (CPI), which is a broad measure&nbsp;of everyday goods and services soared 9.1% from a year ago. In economic terms, inflation refers to the general increase in the prices of goods and services in an economy. While a small but positive inflation rate is a good sign that an economy is growing, a high inflation rate is bad for consumers, businesses and investors as it erodes purchasing power and gross margins. As an investor, recognising the effects of inflation on the economy is key to my investment strategy and choosing which assets to invest in.After watching the steady rise in inflation over the last couple of months, I began to realise that the macroeconomic environment has changed drastically from w","listText":"Last month marked the highest level of inflation in 40 years as the Consumer Price Index (CPI), which is a broad measure&nbsp;of everyday goods and services soared 9.1% from a year ago. In economic terms, inflation refers to the general increase in the prices of goods and services in an economy. While a small but positive inflation rate is a good sign that an economy is growing, a high inflation rate is bad for consumers, businesses and investors as it erodes purchasing power and gross margins. As an investor, recognising the effects of inflation on the economy is key to my investment strategy and choosing which assets to invest in.After watching the steady rise in inflation over the last couple of months, I began to realise that the macroeconomic environment has changed drastically from w","text":"Last month marked the highest level of inflation in 40 years as the Consumer Price Index (CPI), which is a broad measure of everyday goods and services soared 9.1% from a year ago. In economic terms, inflation refers to the general increase in the prices of goods and services in an economy. While a small but positive inflation rate is a good sign that an economy is growing, a high inflation rate is bad for consumers, businesses and investors as it erodes purchasing power and gross margins. As an investor, recognising the effects of inflation on the economy is key to my investment strategy and choosing which assets to invest in.After watching the steady rise in inflation over the last couple of months, I began to realise that the macroeconomic environment has changed drastically from w","images":[{"img":"https://community-static.tradeup.com/news/e7a84f8559c54534a6c5e556bf818993","width":"1200","height":"750"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9909981140","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070193668,"gmtCreate":1657026302655,"gmtModify":1676535933870,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070193668","repostId":"1199488369","repostType":4,"repost":{"id":"1199488369","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1657025674,"share":"https://ttm.financial/m/news/1199488369?lang=en_US&edition=fundamental","pubTime":"2022-07-05 20:54","market":"us","language":"en","title":"Price Target Changes｜Tesla Reduced to $385 by JPM; Alphabet Lowered to $3,000 by Barclays","url":"https://stock-news.laohu8.com/highlight/detail?id=1199488369","media":"Benzinga","summary":"Barclays cut Alphabet Inc. price target from $3,200 to $3,000. Alphabet shares fell 0.9% to $2,154.3","content":"<html><head></head><body><ul><li>Barclays cut <a href=\"https://laohu8.com/S/GOOGL\">Alphabet Inc.</a> price target from $3,200 to $3,000. Alphabet shares fell 0.9% to $2,154.36 in pre-market trading.</li><li>Deutsche Bank lowered <a href=\"https://laohu8.com/S/CTAS\">Cintas Corporation</a> price target from $517 to $465. Cintas shares rose 0.9% to close at $376.71 on Friday.</li><li>HSBC cut the price target on <a href=\"https://laohu8.com/S/BABA\">Alibaba Group Holding Limited</a> from $146 to $141. Alibaba shares rose 0.8% to $116.89 in pre-market trading.</li><li>RBC Capital cut the price target on <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance, Inc.</a> from $46 to $42. Walgreens shares dropped 0.1% to $38.51 in pre-market trading.</li><li>Raymond James reduced <a href=\"https://laohu8.com/S/RYAAY\">Ryanair Holdings plc</a> price target from $125 to $112. Ryanair shares fell 1.8% to $67.39 in pre-market trading.</li></ul><ul><li>Credit Suisse cut <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> price target from $100 to $95. Morgan Stanley shares fell 0.5% to $76.40 in pre-market trading.</li><li>Keybanc cut <a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a> price target from $370 to $280. Meta Platforms shares fell 0.9% to $158.56 in pre-market trading.</li><li>Barclays reduced the price target for <a href=\"https://laohu8.com/S/SNAP\">Snap Inc.</a> from $42 to $20. Snap shares fell 1.3% to $13.00 in pre-market trading.</li><li>JP Morgan lowered price target for <a href=\"https://laohu8.com/S/TSLA\">Tesla, Inc.</a> from $395 to $385. Tesla shares fell 0.9% to $675.44 in pre-market trading.</li><li>Needham reduced the price target on <a href=\"https://laohu8.com/S/CVNA\">Carvana Co.</a> from $80 to $31. Carvana shares fell 2.2% to $21.40 in pre-market trading.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Price Target Changes｜Tesla Reduced to $385 by JPM; Alphabet Lowered to $3,000 by Barclays</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\">\nPrice Target Changes｜Tesla Reduced to $385 by JPM; Alphabet Lowered to $3,000 by Barclays\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-07-05 20:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Barclays cut <a href=\"https://laohu8.com/S/GOOGL\">Alphabet Inc.</a> price target from $3,200 to $3,000. Alphabet shares fell 0.9% to $2,154.36 in pre-market trading.</li><li>Deutsche Bank lowered <a href=\"https://laohu8.com/S/CTAS\">Cintas Corporation</a> price target from $517 to $465. Cintas shares rose 0.9% to close at $376.71 on Friday.</li><li>HSBC cut the price target on <a href=\"https://laohu8.com/S/BABA\">Alibaba Group Holding Limited</a> from $146 to $141. Alibaba shares rose 0.8% to $116.89 in pre-market trading.</li><li>RBC Capital cut the price target on <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance, Inc.</a> from $46 to $42. Walgreens shares dropped 0.1% to $38.51 in pre-market trading.</li><li>Raymond James reduced <a href=\"https://laohu8.com/S/RYAAY\">Ryanair Holdings plc</a> price target from $125 to $112. Ryanair shares fell 1.8% to $67.39 in pre-market trading.</li></ul><ul><li>Credit Suisse cut <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> price target from $100 to $95. Morgan Stanley shares fell 0.5% to $76.40 in pre-market trading.</li><li>Keybanc cut <a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a> price target from $370 to $280. Meta Platforms shares fell 0.9% to $158.56 in pre-market trading.</li><li>Barclays reduced the price target for <a href=\"https://laohu8.com/S/SNAP\">Snap Inc.</a> from $42 to $20. Snap shares fell 1.3% to $13.00 in pre-market trading.</li><li>JP Morgan lowered price target for <a href=\"https://laohu8.com/S/TSLA\">Tesla, Inc.</a> from $395 to $385. Tesla shares fell 0.9% to $675.44 in pre-market trading.</li><li>Needham reduced the price target on <a href=\"https://laohu8.com/S/CVNA\">Carvana Co.</a> from $80 to $31. Carvana shares fell 2.2% to $21.40 in pre-market trading.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MS":"摩根士丹利","GOOGL":"谷歌A","WBA":"沃尔格林联合博姿","TSLA":"特斯拉","RYAAY":"Ryanair Holdings plc","CVNA":"Carvana Co.","BABA":"阿里巴巴","SNAP":"Snap Inc","CTAS":"信达思"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199488369","content_text":"Barclays cut Alphabet Inc. price target from $3,200 to $3,000. Alphabet shares fell 0.9% to $2,154.36 in pre-market trading.Deutsche Bank lowered Cintas Corporation price target from $517 to $465. Cintas shares rose 0.9% to close at $376.71 on Friday.HSBC cut the price target on Alibaba Group Holding Limited from $146 to $141. Alibaba shares rose 0.8% to $116.89 in pre-market trading.RBC Capital cut the price target on Walgreens Boots Alliance, Inc. from $46 to $42. Walgreens shares dropped 0.1% to $38.51 in pre-market trading.Raymond James reduced Ryanair Holdings plc price target from $125 to $112. Ryanair shares fell 1.8% to $67.39 in pre-market trading.Credit Suisse cut Morgan Stanley price target from $100 to $95. Morgan Stanley shares fell 0.5% to $76.40 in pre-market trading.Keybanc cut Meta Platforms, Inc. price target from $370 to $280. Meta Platforms shares fell 0.9% to $158.56 in pre-market trading.Barclays reduced the price target for Snap Inc. from $42 to $20. Snap shares fell 1.3% to $13.00 in pre-market trading.JP Morgan lowered price target for Tesla, Inc. from $395 to $385. Tesla shares fell 0.9% to $675.44 in pre-market trading.Needham reduced the price target on Carvana Co. from $80 to $31. Carvana shares fell 2.2% to $21.40 in pre-market trading.","news_type":1,"symbols_score_info":{"WBA":0.9,"BABA":0.9,"MS":0.9,"SNAP":0.9,"TSLA":0.9,"CTAS":0.9,"RYAAY":0.9,"CVNA":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":1400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9047541836,"gmtCreate":1656948279725,"gmtModify":1676535920516,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047541836","repostId":"2248654390","repostType":4,"repost":{"id":"2248654390","kind":"highlight","pubTimestamp":1656927051,"share":"https://ttm.financial/m/news/2248654390?lang=en_US&edition=fundamental","pubTime":"2022-07-04 17:30","market":"us","language":"en","title":"5 Remarkable Stocks That Can Guide You to Financial Independence in 20 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2248654390","media":"Motley Fool","summary":"Buying stakes in innovative businesses and allowing time to work its magic can be a powerful wealth-creating formula.","content":"<div>\n<p>This has not been a particularly good year for investors. Since reaching their respective all-time closing highs, the timeless Dow Jones Industrial Average, broad-based S&P 500, and growth-focused ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/04/5-stocks-can-guide-you-to-financial-independence/\">Source Link</a>\n\n</div>\n","source":"fool_stock","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>5 Remarkable Stocks That Can Guide You to Financial Independence in 20 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Remarkable Stocks That Can Guide You to Financial Independence in 20 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-04 17:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/04/5-stocks-can-guide-you-to-financial-independence/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This has not been a particularly good year for investors. Since reaching their respective all-time closing highs, the timeless Dow Jones Industrial Average, broad-based S&P 500, and growth-focused ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/04/5-stocks-can-guide-you-to-financial-independence/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4507":"流媒体概念","BK4548":"巴美列捷福持仓","BK4574":"无人驾驶","ETSY":"Etsy, Inc.","BK4525":"远程办公概念","BK4573":"虚拟现实","BK4561":"索罗斯持仓","BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","BK4554":"元宇宙及AR概念","BK4527":"明星科技股","GOOGL":"谷歌A","BK4553":"喜马拉雅资本持仓","BK4077":"互动媒体与服务","BK4534":"瑞士信贷持仓","BK4514":"搜索引擎","BK4503":"景林资产持仓","BK4576":"AR","BRK.B":"伯克希尔B","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4122":"互联网与直销零售","BRK.A":"伯克希尔","BK4566":"资本集团","BK4176":"多领域控股","BK4538":"云计算"},"source_url":"https://www.fool.com/investing/2022/07/04/5-stocks-can-guide-you-to-financial-independence/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2248654390","content_text":"This has not been a particularly good year for investors. Since reaching their respective all-time closing highs, the timeless Dow Jones Industrial Average, broad-based S&P 500, and growth-focused Nasdaq Composite have plunged by as much as 19%, 24%, and 34%.But when there's fear on Wall Street, there's always opportunity -- at least for long-term investors. Despite the S&P 500 undergoing 39 double-digit declines since the beginning of 1950, each of the previous 38 drops (i.e., not counting the current bear market) were eventually cleared away by a bull market. These figures clearly show that patience and optimism prevail on Wall Street.It's also a fantastic reminder that innovative, game-changing companies are currently trading at a discount. On the day we celebrate our independence as a nation, I offer five remarkable stocks that can use their unique tools and intangibles to guide you to financial independence in 20 years.PinterestThe first phenomenal company that can lead you to financial freedom when held for two decades is social media stock Pinterest. Although Pinterest's stock has been under pressure because of a short-term decline in monthly active users (MAU) and growing concerns about a recession, these shortsighted worries overlook a number of competitive advantages.As an example, the recent MAU decline can be explained by COVID-19 vaccination rates climbing and people returning to some semblance of normal. However, if Pinterest's MAU growth is examined over a five-year period, it's maintained a pretty steady upward trajectory.What's far more important is that the company has had no trouble generating more revenue from its users. Even with 45 million fewer MAUs in the March-ended quarter, relative to the prior-year period, global average revenue per user (ARPU) climbed 28%, with especially strong ARPU growth in international markets. This illustrates that merchants are willing to pay a premium to get their message in front of Pinterest's 433 million MAUs.Furthermore, Pinterest's entire operating model is based on the idea that users are willingly sharing the things, services, and places that interest them. It effectively puts all pertinent info on a silver platter for merchants to target potential shoppers.Berkshire HathawayJust because a company has a mammoth market cap, it doesn't mean it can't deliver jaw-dropping returns over multiple decades. Just ask Warren Buffett, the CEO of conglomerate Berkshire Hathaway.Since taking the reins in 1965, the Oracle of Omaha has led his company's Class A shares (BRK.A) to an annualized return of 20.1%, which works out to 3,641,613% on an aggregate basis, through Dec. 31, 2021.One reason Berkshire Hathaway has been such an unstoppable force for nearly six decades is Warren Buffett's penchant for playing a simple numbers game. Buffett is well aware that recessions are an inevitable part of the economic cycle. But rather than trying to time when recessions will occur, he's packed Berkshire's investment portfolio with cyclical businesses. Because periods of economic expansion last significantly longer than recessions, Buffett has angled Berkshire Hathaway's portfolio to take advantage of the long-term expansion of the U.S. and global economy.What's more, Berkshire Hathaway is a passive income-collecting machine. Over the next 12 months, Buffett's company should bring in more than $6 billion in dividend income. It should be noted that income stocks have a history of handily outperforming companies that don't offer a dividend; and Berkshire's portfolio is loaded with dividend-paying stocks.EtsyA third remarkable stock that can help you pave a path to financial freedom is specialty e-commerce retailer Etsy. Similar to Pinterest, Etsy's near-term concerns regarding growth are easily outweighed by its sustainable competitive advantages.Though it might seem as if online retailers are a dime a dozen, Etsy's platform is truly unique. Instead of relying solely on volume, no other online retailer focuses on consumer personalization at scale quite like Etsy. The company's platform is founded on small merchants and proprietors that sell unique or customized products. There simply isn't a lateral substitute for what Etsy offers.The company has also done an incredible job of keeping its user base engaged. Between the end of 2019 and the end of 2021, the number of habitual buyers on the platform increased by 224%.  A \"habitual buyer\" is someone who makes at least six purchases totaling $200 in aggregate over a 12-month period. Growing the number of habitual buyers is what allows Etsy to charge merchants more to utilize its services and analytics.As long as Etsy continues to reinvest in user-engagement initiatives, such as its recent push to incorporate video on its platform, it shouldn't have any issue delivering for patient investors.LovesacWhen you think of highly innovative businesses that can put you on track to reach financial independence in 20 years, furniture stocks probably don't come to mind. However, Lovesac has been demonstrating for years that it can effectively disrupt the stodgy furniture industry.One of the biggest ways Lovesac has differentiated itself from traditional furniture retailers is with its products. Although beanbag-styled chairs, known as \"sacs,\" were once its top item, nearly 88% of net sales now come from \"sactionals.\"  A sactional is a modular couch that can be arranged dozens of ways to fit virtually any living space.Aside from functionality, what separates sactionals from traditional furniture is choice and its ecofriendly construction. Sactionals have more than 200 different cover options, which means they can match any color or theme of a room. Buyers can also upgrade their sactional to include wireless charging stations and/or surround-sound speakers. But perhaps the greatest aspect of sactionals is that the yarn used in the covers is made entirely from recycled plastic water bottles.If you need one more reason to trust in Lovesac's future, consider its omnichannel sales platform. During the pandemic, it was able to shift a significant portion of its sales online, as well as rely on popup showrooms and retail partnerships. With lower overhead costs than traditional furniture stores, Lovesac's operating margins should leave its peers in the dust.AlphabetA fifth remarkable stock that can guide you to financial independence over the coming two decades is Alphabet, the parent company of internet search engine Google and popular streaming platform YouTube.For more than two decades, Google has been the company's cash cow. Over the past two years, Google's share of global internet search has been no lower than 91%, which makes it a veritable monopoly.  Businesses understand that the most-effective way to reach users via internet search is by advertising with Google. Long story short, Alphabet consistently enjoys strong ad-pricing power.However, Alphabet's future might rest with its other, faster-growing revenue channels. YouTube has become the second most-popular social media site on the planet, which has unquestionably helped boost its ad revenue and premium subscriptions.Meanwhile, Google Cloud has gobbled up 8% of global cloud infrastructure spending, according to first-quarter estimates from Canalys, and has been steadily growing by 40% to 50% on a year-over-year basis.  Because cloud service operating margins are higher than the operating margins generated from advertising, Google Cloud could become Alphabet's leading cash flow generator by as soon as the midpoint of this decade.","news_type":1,"symbols_score_info":{"ETSY":0.9,"BRK.B":0.9,"BRK.A":1,"GOOGL":0.9,"GOOG":0.9}},"isVote":1,"tweetType":1,"viewCount":1908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048158894,"gmtCreate":1656169070218,"gmtModify":1676535779197,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Hi all. 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me?","text":"Would you like my post for 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This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi\n \n","listText":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","text":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022524674","isVote":1,"tweetType":2,"object":{"id":"97af7069aa6440eab7c85601f72b41b1","tweetId":"9022524674","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/5836ee3f387702302012189230/1IRQdazMc4YA.mp4","poster":"https://community-static.tradeup.com/news/f2462b20b2a9a2483ae56cbb54dcb2a7"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":996,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9070193668,"gmtCreate":1657026302655,"gmtModify":1676535933870,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070193668","repostId":"1199488369","repostType":4,"repost":{"id":"1199488369","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1657025674,"share":"https://ttm.financial/m/news/1199488369?lang=en_US&edition=fundamental","pubTime":"2022-07-05 20:54","market":"us","language":"en","title":"Price Target Changes｜Tesla Reduced to $385 by JPM; Alphabet Lowered to $3,000 by Barclays","url":"https://stock-news.laohu8.com/highlight/detail?id=1199488369","media":"Benzinga","summary":"Barclays cut Alphabet Inc. price target from $3,200 to $3,000. Alphabet shares fell 0.9% to $2,154.3","content":"<html><head></head><body><ul><li>Barclays cut <a href=\"https://laohu8.com/S/GOOGL\">Alphabet Inc.</a> price target from $3,200 to $3,000. Alphabet shares fell 0.9% to $2,154.36 in pre-market trading.</li><li>Deutsche Bank lowered <a href=\"https://laohu8.com/S/CTAS\">Cintas Corporation</a> price target from $517 to $465. Cintas shares rose 0.9% to close at $376.71 on Friday.</li><li>HSBC cut the price target on <a href=\"https://laohu8.com/S/BABA\">Alibaba Group Holding Limited</a> from $146 to $141. Alibaba shares rose 0.8% to $116.89 in pre-market trading.</li><li>RBC Capital cut the price target on <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance, Inc.</a> from $46 to $42. Walgreens shares dropped 0.1% to $38.51 in pre-market trading.</li><li>Raymond James reduced <a href=\"https://laohu8.com/S/RYAAY\">Ryanair Holdings plc</a> price target from $125 to $112. Ryanair shares fell 1.8% to $67.39 in pre-market trading.</li></ul><ul><li>Credit Suisse cut <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> price target from $100 to $95. Morgan Stanley shares fell 0.5% to $76.40 in pre-market trading.</li><li>Keybanc cut <a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a> price target from $370 to $280. Meta Platforms shares fell 0.9% to $158.56 in pre-market trading.</li><li>Barclays reduced the price target for <a href=\"https://laohu8.com/S/SNAP\">Snap Inc.</a> from $42 to $20. Snap shares fell 1.3% to $13.00 in pre-market trading.</li><li>JP Morgan lowered price target for <a href=\"https://laohu8.com/S/TSLA\">Tesla, Inc.</a> from $395 to $385. Tesla shares fell 0.9% to $675.44 in pre-market trading.</li><li>Needham reduced the price target on <a href=\"https://laohu8.com/S/CVNA\">Carvana Co.</a> from $80 to $31. Carvana shares fell 2.2% to $21.40 in pre-market trading.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Price Target Changes｜Tesla Reduced to $385 by JPM; Alphabet Lowered to $3,000 by Barclays</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\">\nPrice Target Changes｜Tesla Reduced to $385 by JPM; Alphabet Lowered to $3,000 by Barclays\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-07-05 20:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Barclays cut <a href=\"https://laohu8.com/S/GOOGL\">Alphabet Inc.</a> price target from $3,200 to $3,000. Alphabet shares fell 0.9% to $2,154.36 in pre-market trading.</li><li>Deutsche Bank lowered <a href=\"https://laohu8.com/S/CTAS\">Cintas Corporation</a> price target from $517 to $465. Cintas shares rose 0.9% to close at $376.71 on Friday.</li><li>HSBC cut the price target on <a href=\"https://laohu8.com/S/BABA\">Alibaba Group Holding Limited</a> from $146 to $141. Alibaba shares rose 0.8% to $116.89 in pre-market trading.</li><li>RBC Capital cut the price target on <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance, Inc.</a> from $46 to $42. Walgreens shares dropped 0.1% to $38.51 in pre-market trading.</li><li>Raymond James reduced <a href=\"https://laohu8.com/S/RYAAY\">Ryanair Holdings plc</a> price target from $125 to $112. Ryanair shares fell 1.8% to $67.39 in pre-market trading.</li></ul><ul><li>Credit Suisse cut <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> price target from $100 to $95. Morgan Stanley shares fell 0.5% to $76.40 in pre-market trading.</li><li>Keybanc cut <a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a> price target from $370 to $280. Meta Platforms shares fell 0.9% to $158.56 in pre-market trading.</li><li>Barclays reduced the price target for <a href=\"https://laohu8.com/S/SNAP\">Snap Inc.</a> from $42 to $20. Snap shares fell 1.3% to $13.00 in pre-market trading.</li><li>JP Morgan lowered price target for <a href=\"https://laohu8.com/S/TSLA\">Tesla, Inc.</a> from $395 to $385. Tesla shares fell 0.9% to $675.44 in pre-market trading.</li><li>Needham reduced the price target on <a href=\"https://laohu8.com/S/CVNA\">Carvana Co.</a> from $80 to $31. Carvana shares fell 2.2% to $21.40 in pre-market trading.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MS":"摩根士丹利","GOOGL":"谷歌A","WBA":"沃尔格林联合博姿","TSLA":"特斯拉","RYAAY":"Ryanair Holdings plc","CVNA":"Carvana Co.","BABA":"阿里巴巴","SNAP":"Snap Inc","CTAS":"信达思"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199488369","content_text":"Barclays cut Alphabet Inc. price target from $3,200 to $3,000. Alphabet shares fell 0.9% to $2,154.36 in pre-market trading.Deutsche Bank lowered Cintas Corporation price target from $517 to $465. Cintas shares rose 0.9% to close at $376.71 on Friday.HSBC cut the price target on Alibaba Group Holding Limited from $146 to $141. Alibaba shares rose 0.8% to $116.89 in pre-market trading.RBC Capital cut the price target on Walgreens Boots Alliance, Inc. from $46 to $42. Walgreens shares dropped 0.1% to $38.51 in pre-market trading.Raymond James reduced Ryanair Holdings plc price target from $125 to $112. Ryanair shares fell 1.8% to $67.39 in pre-market trading.Credit Suisse cut Morgan Stanley price target from $100 to $95. Morgan Stanley shares fell 0.5% to $76.40 in pre-market trading.Keybanc cut Meta Platforms, Inc. price target from $370 to $280. Meta Platforms shares fell 0.9% to $158.56 in pre-market trading.Barclays reduced the price target for Snap Inc. from $42 to $20. Snap shares fell 1.3% to $13.00 in pre-market trading.JP Morgan lowered price target for Tesla, Inc. from $395 to $385. Tesla shares fell 0.9% to $675.44 in pre-market trading.Needham reduced the price target on Carvana Co. from $80 to $31. Carvana shares fell 2.2% to $21.40 in pre-market trading.","news_type":1,"symbols_score_info":{"WBA":0.9,"BABA":0.9,"MS":0.9,"SNAP":0.9,"TSLA":0.9,"CTAS":0.9,"RYAAY":0.9,"CVNA":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":1400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9047541836,"gmtCreate":1656948279725,"gmtModify":1676535920516,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047541836","repostId":"2248654390","repostType":4,"repost":{"id":"2248654390","kind":"highlight","pubTimestamp":1656927051,"share":"https://ttm.financial/m/news/2248654390?lang=en_US&edition=fundamental","pubTime":"2022-07-04 17:30","market":"us","language":"en","title":"5 Remarkable Stocks That Can Guide You to Financial Independence in 20 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2248654390","media":"Motley Fool","summary":"Buying stakes in innovative businesses and allowing time to work its magic can be a powerful wealth-creating formula.","content":"<div>\n<p>This has not been a particularly good year for investors. Since reaching their respective all-time closing highs, the timeless Dow Jones Industrial Average, broad-based S&P 500, and growth-focused ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/04/5-stocks-can-guide-you-to-financial-independence/\">Source Link</a>\n\n</div>\n","source":"fool_stock","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>5 Remarkable Stocks That Can Guide You to Financial Independence in 20 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Remarkable Stocks That Can Guide You to Financial Independence in 20 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-04 17:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/04/5-stocks-can-guide-you-to-financial-independence/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This has not been a particularly good year for investors. Since reaching their respective all-time closing highs, the timeless Dow Jones Industrial Average, broad-based S&P 500, and growth-focused ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/04/5-stocks-can-guide-you-to-financial-independence/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4507":"流媒体概念","BK4548":"巴美列捷福持仓","BK4574":"无人驾驶","ETSY":"Etsy, Inc.","BK4525":"远程办公概念","BK4573":"虚拟现实","BK4561":"索罗斯持仓","BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","BK4554":"元宇宙及AR概念","BK4527":"明星科技股","GOOGL":"谷歌A","BK4553":"喜马拉雅资本持仓","BK4077":"互动媒体与服务","BK4534":"瑞士信贷持仓","BK4514":"搜索引擎","BK4503":"景林资产持仓","BK4576":"AR","BRK.B":"伯克希尔B","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4122":"互联网与直销零售","BRK.A":"伯克希尔","BK4566":"资本集团","BK4176":"多领域控股","BK4538":"云计算"},"source_url":"https://www.fool.com/investing/2022/07/04/5-stocks-can-guide-you-to-financial-independence/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2248654390","content_text":"This has not been a particularly good year for investors. Since reaching their respective all-time closing highs, the timeless Dow Jones Industrial Average, broad-based S&P 500, and growth-focused Nasdaq Composite have plunged by as much as 19%, 24%, and 34%.But when there's fear on Wall Street, there's always opportunity -- at least for long-term investors. Despite the S&P 500 undergoing 39 double-digit declines since the beginning of 1950, each of the previous 38 drops (i.e., not counting the current bear market) were eventually cleared away by a bull market. These figures clearly show that patience and optimism prevail on Wall Street.It's also a fantastic reminder that innovative, game-changing companies are currently trading at a discount. On the day we celebrate our independence as a nation, I offer five remarkable stocks that can use their unique tools and intangibles to guide you to financial independence in 20 years.PinterestThe first phenomenal company that can lead you to financial freedom when held for two decades is social media stock Pinterest. Although Pinterest's stock has been under pressure because of a short-term decline in monthly active users (MAU) and growing concerns about a recession, these shortsighted worries overlook a number of competitive advantages.As an example, the recent MAU decline can be explained by COVID-19 vaccination rates climbing and people returning to some semblance of normal. However, if Pinterest's MAU growth is examined over a five-year period, it's maintained a pretty steady upward trajectory.What's far more important is that the company has had no trouble generating more revenue from its users. Even with 45 million fewer MAUs in the March-ended quarter, relative to the prior-year period, global average revenue per user (ARPU) climbed 28%, with especially strong ARPU growth in international markets. This illustrates that merchants are willing to pay a premium to get their message in front of Pinterest's 433 million MAUs.Furthermore, Pinterest's entire operating model is based on the idea that users are willingly sharing the things, services, and places that interest them. It effectively puts all pertinent info on a silver platter for merchants to target potential shoppers.Berkshire HathawayJust because a company has a mammoth market cap, it doesn't mean it can't deliver jaw-dropping returns over multiple decades. Just ask Warren Buffett, the CEO of conglomerate Berkshire Hathaway.Since taking the reins in 1965, the Oracle of Omaha has led his company's Class A shares (BRK.A) to an annualized return of 20.1%, which works out to 3,641,613% on an aggregate basis, through Dec. 31, 2021.One reason Berkshire Hathaway has been such an unstoppable force for nearly six decades is Warren Buffett's penchant for playing a simple numbers game. Buffett is well aware that recessions are an inevitable part of the economic cycle. But rather than trying to time when recessions will occur, he's packed Berkshire's investment portfolio with cyclical businesses. Because periods of economic expansion last significantly longer than recessions, Buffett has angled Berkshire Hathaway's portfolio to take advantage of the long-term expansion of the U.S. and global economy.What's more, Berkshire Hathaway is a passive income-collecting machine. Over the next 12 months, Buffett's company should bring in more than $6 billion in dividend income. It should be noted that income stocks have a history of handily outperforming companies that don't offer a dividend; and Berkshire's portfolio is loaded with dividend-paying stocks.EtsyA third remarkable stock that can help you pave a path to financial freedom is specialty e-commerce retailer Etsy. Similar to Pinterest, Etsy's near-term concerns regarding growth are easily outweighed by its sustainable competitive advantages.Though it might seem as if online retailers are a dime a dozen, Etsy's platform is truly unique. Instead of relying solely on volume, no other online retailer focuses on consumer personalization at scale quite like Etsy. The company's platform is founded on small merchants and proprietors that sell unique or customized products. There simply isn't a lateral substitute for what Etsy offers.The company has also done an incredible job of keeping its user base engaged. Between the end of 2019 and the end of 2021, the number of habitual buyers on the platform increased by 224%.  A \"habitual buyer\" is someone who makes at least six purchases totaling $200 in aggregate over a 12-month period. Growing the number of habitual buyers is what allows Etsy to charge merchants more to utilize its services and analytics.As long as Etsy continues to reinvest in user-engagement initiatives, such as its recent push to incorporate video on its platform, it shouldn't have any issue delivering for patient investors.LovesacWhen you think of highly innovative businesses that can put you on track to reach financial independence in 20 years, furniture stocks probably don't come to mind. However, Lovesac has been demonstrating for years that it can effectively disrupt the stodgy furniture industry.One of the biggest ways Lovesac has differentiated itself from traditional furniture retailers is with its products. Although beanbag-styled chairs, known as \"sacs,\" were once its top item, nearly 88% of net sales now come from \"sactionals.\"  A sactional is a modular couch that can be arranged dozens of ways to fit virtually any living space.Aside from functionality, what separates sactionals from traditional furniture is choice and its ecofriendly construction. Sactionals have more than 200 different cover options, which means they can match any color or theme of a room. Buyers can also upgrade their sactional to include wireless charging stations and/or surround-sound speakers. But perhaps the greatest aspect of sactionals is that the yarn used in the covers is made entirely from recycled plastic water bottles.If you need one more reason to trust in Lovesac's future, consider its omnichannel sales platform. During the pandemic, it was able to shift a significant portion of its sales online, as well as rely on popup showrooms and retail partnerships. With lower overhead costs than traditional furniture stores, Lovesac's operating margins should leave its peers in the dust.AlphabetA fifth remarkable stock that can guide you to financial independence over the coming two decades is Alphabet, the parent company of internet search engine Google and popular streaming platform YouTube.For more than two decades, Google has been the company's cash cow. Over the past two years, Google's share of global internet search has been no lower than 91%, which makes it a veritable monopoly.  Businesses understand that the most-effective way to reach users via internet search is by advertising with Google. Long story short, Alphabet consistently enjoys strong ad-pricing power.However, Alphabet's future might rest with its other, faster-growing revenue channels. YouTube has become the second most-popular social media site on the planet, which has unquestionably helped boost its ad revenue and premium subscriptions.Meanwhile, Google Cloud has gobbled up 8% of global cloud infrastructure spending, according to first-quarter estimates from Canalys, and has been steadily growing by 40% to 50% on a year-over-year basis.  Because cloud service operating margins are higher than the operating margins generated from advertising, Google Cloud could become Alphabet's leading cash flow generator by as soon as the midpoint of this decade.","news_type":1,"symbols_score_info":{"ETSY":0.9,"BRK.B":0.9,"BRK.A":1,"GOOGL":0.9,"GOOG":0.9}},"isVote":1,"tweetType":1,"viewCount":1908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289206190731280,"gmtCreate":1711641503316,"gmtModify":1711641506769,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NXBR\">$NXBR(NXBR)$ </a> how do I sell?","listText":"<a href=\"https://ttm.financial/S/NXBR\">$NXBR(NXBR)$ </a> how do I sell?","text":"$NXBR(NXBR)$ how do I sell?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/289206190731280","isVote":1,"tweetType":1,"viewCount":4640,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4108039255054090","authorId":"4108039255054090","name":"財運到財源滾滾到","avatar":"https://static.itradeup.com/news/22286dc448ea1cc1761221871c92530e","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4108039255054090","idStr":"4108039255054090"},"content":"when you going to trade it shown (The Prime Account does not support the trading) , you can call Tiger to request the form to trade manually but not all stocks, ask the procedure.","text":"when you going to trade it shown (The Prime Account does not support the trading) , you can call Tiger to request the form to trade manually but not all stocks, ask the procedure.","html":"when you going to trade it shown (The Prime Account does not support the trading) , you can call Tiger to request the form to trade manually but not all stocks, ask the procedure."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939989013,"gmtCreate":1662041568435,"gmtModify":1676536710915,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939989013","repostId":"1122895763","repostType":4,"repost":{"id":"1122895763","kind":"news","pubTimestamp":1662045547,"share":"https://ttm.financial/m/news/1122895763?lang=en_US&edition=fundamental","pubTime":"2022-09-01 23:19","market":"us","language":"en","title":"Charlie Munger Predicted \"Considerable Trouble\" For Markets: SPY Implications","url":"https://stock-news.laohu8.com/highlight/detail?id=1122895763","media":"Seeking Alpha","summary":"SummaryEarlier this year, billionaire investor Charlie Munger predicted that the markets would face ","content":"<html><head></head><body><p>Summary</p><ul><li>Earlier this year, billionaire investor Charlie Munger predicted that the markets would face &#34;considerable trouble.&#34;</li><li>We take a look at his prediction in light of recent macroeconomic developments and its implications for the S&amp;P 500.</li><li>We also share our approach to investing in the current environment.</li></ul><p>Billionaire investor Charlie Munger - Warren Buffett&#39;s partner at <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway </a> - recently opined that &#34;considerable trouble&#34; was coming for markets at the Daily Journal&#39;s (DJCO) annual meeting earlier this year, stating:</p><blockquote><i>What we&#39;re getting iswretched excess and danger for the country. Everybody loves it because it&#39;s like a bunch of people getting drunk at a party; they&#39;re having so much fun getting drunk that they don&#39;t think about the consequences. Eventually, there will be considerable trouble because of the wretched excess, that&#39;s the way it&#39;s usually worked in the past.</i></blockquote><p>He went on define what he meant by wretched excess:</p><blockquote><i>Certainly, the great short squeeze in GameStop (GME) was wretched excess. Certainly, the bitcoin (BTC-USD) thing is wretched excess. I would argue venture capital is throwing too much money too fast, and there&#39;s a considerable wretched excess in venture capital and other forms of private equity...There&#39;s never been anything quite like what we&#39;re doing now. We do know from what&#39;s happened in other nations, if you try and print too much money it eventually causes terrible trouble. We&#39;re closer to terrible trouble than we&#39;ve been in the past, but it may still be a long way off.&#34;</i></blockquote><p>While the <a href=\"https://laohu8.com/S/SPY\">SPDR S&amp;P 500 Trust ETF</a> has delivered -8.57% returns since that meeting, it has not yet experienced the &#34;considerable trouble&#34; of which Mr. Munger spoke:</p><p><img src=\"https://static.tigerbbs.com/aa9e327d28d335c1ba952173a78d8bcb\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/>SPY Total Return Price data by YCharts</p><p>However, we can certainly see that the wretched excess has continued in the months since and the symptoms of it have also increased. While the crypto bubble has continued to burst, with bitcoin down an addition 56% since Mr. Munger&#39;s remarks, <a href=\"https://laohu8.com/S/GME\">GME</a> continues to enjoy an elevated valuation:</p><p><img src=\"https://static.tigerbbs.com/5a461d8b52be2c08bfdea7bd63aa4a6f\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"/>GME data by YCharts</p><p>We can also see that interest rates remain near historic lows - despite rising considerably in recent months - and the highly inflated money supply has remained relatively flat since Mr. Munger made his remarks:</p><p><img src=\"https://static.tigerbbs.com/657129e113ae6df9d1e40ca014384412\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\"/>US Long-Term Interest Rates data by YCharts</p><p>We can also see that market indexes and especially housing prices remain elevated:</p><p><img src=\"https://static.tigerbbs.com/13c7438df5f55651979a20fdff9651ff\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\"/>SPY data by YCharts</p><p>However, the consequences of all this excess and bubble-like behavior are beginning to be felt, with GDP declining for two quarters in a row and inflation soaring to four-decade highs in recent months:</p><p><img src=\"https://static.tigerbbs.com/be6eb93157e6cb1f12a1b5b0d7519ff8\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/>US Consumer Price Index YoY data by YCharts</p><p>In this article, we will discuss the implications that this has for the SPY as well as our investing approach in the current environment.</p><h3>Implication #1: Forward Returns Are Likely To Be Lackluster</h3><p>The biggest takeaway from Mr. Munger&#39;s remarks in light of current macroeconomic and market conditions is that forward returns for the SPY are likely to be lackluster. The reasons for this are pretty straightforward:</p><p>1. The economic growth outlook is weak, if not negative for the foreseeable future. Without strong economic growth, earnings growth is bound to be weak as well.</p><p>2. Valuation multiples are elevated relative to historical averages. According to datacompiledby Current Market Valuation based on an equally weighted average of the Yield Curve, Buffett indicator, P/E Ratio, Interest Rate, Margin Debt, and S&amp;P 500 Mean Reversion models based on historical data, the market is currently towards the upper end of the fairly valued range. This means that it is almost overvalued, implying that the market is likely to experience lackluster, if not poor, returns for the foreseeable future. The SPY is overvalued according to the Yield Curve, Buffett Indicator, P/E Ratio, and S&amp;P 500 Mean Reversion models, is slightly above fair value according to the Interest Rate model, and slightly below fair value according to the Margin Debt model.</p><p>3. Interest rates are likely to rise further, based on persistently high inflation and the Federal Reserve&#39;s latestcomments. Higher interest rates in the near future will make the market seem overvalued at present according to the Interest Rate model, adding further weight to the argument that the market is overvalued at the moment. Higher interest rates will also act like gravity on asset valuations, driving them lower.</p><p>When you combine weak growth with a lack of multiple expansion (and in fact likely multiple compression), very low dividend yields, and likely interest rate increases, there are no real catalysts to drive stock market returns.</p><h3>Implication #2: Volatility Will Likely Be Elevated For The Foreseeable Future</h3><p>That said, interest rates do remain historically cheap and there is still a lot of excess capital sloshing around in the global markets. As a result, there will still likely be plenty of dip buying, especially on any hints of inflation declining, the economy weathering the current headwinds better than expected, and/or the Federal Reserve beginning to change its hawkish stance. As the bulls and bears continue to duke it out in aggressive fashion, with bulls aggressively buying dips and bears aggressively selling rips on renewed fears of a recession and/or further interest rate hikes, volatility will likely remain elevated.</p><p>On top of that, with geopolitical risks mounting in East Asia, the Middle East, and Eastern Europe, there are plenty of potential further catalysts for sending stocks plunging lower at a minute&#39;s notice.</p><h3>Implication #3: A Market Crash Is Very Possible</h3><p>As already indicated in implication #2, a market crash is also very possible at the moment. The reasons for it are simple:</p><p>1. As already highlighted, valuations are already bloated, so a crash would not require a stark departure from historical valuation levels. In fact, a crash might be necessary to fully correct financial markets from all of the artificial stimulus from central bankers over the past decade.</p><p>2. There are numerous catalysts which could spark a market crash, and they seem more likely at the moment than at any time in recent memory: any number of geopolitical crises, ranging from a Chinese invasion of Taiwan, to the war in Europe going nuclear, to a major energy crisis if a war begins between Iran and Saudi Arabia, a massive cyber-attack that significantly disrupts the global economy, a major new pandemic or variant of COVID-19 emerging, or even possibly a major global recession.</p><h3>Investor Takeaway</h3><p>While these are certainly complicated, if not extremely challenging, times for investors trying to navigate the markets, we are remaining fully invested. However, we are keeping the following principles in mind to guide us with greater prudence during this period:</p><p>1. We are being highly selective by only investing in securities that appear to have a clear margin of safety, while keeping a small weighting in our most cyclical positions and overweighting our most defensive positions.</p><p>2. We are avoiding taking on any personal leverage through this period in order to minimize our risk of outsized losses in the event of a market crash and to give us the capacity to potentially create some dry powder to capitalize on a market crash.</p><p>3. We are also investing in securities that profit from elevated volatility as we believe that - even in a scenario where the markets do not experience a full-fledged crash - volatility levels will likely be above average for the foreseeable future due to the geopolitical and macroeconomic jitters that are gripping the markets with increasing frequency. As the chart below indicates, volatility as depicted by theVIXis up significantly from where it was before COVID-19 and is even up in 2022 relative to the second half of 2021.</p><p><img src=\"https://static.tigerbbs.com/61315c652f099418782c73479f3dd50a\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/>VIXdata by YCharts</p><p>For those who choose to continue investing in low-cost index funds like SPY, we are not bullish in the short-term, as - for the reasons outlined in this article - we expect lackluster economic growth, elevated valuations, rising interest rates, and the rising risks of a black swan event to suppress broad market total returns for the foreseeable future. As a result, we encourage investors to be more selective in the current environment than to blindly buy the broader market. At the same time, for those committed to passive investing over the long term, remaining fully invested with a practice of consistent long-term dollar cost averaging and prudent personal financial management is unlikely to deliver disappointing results over the course of decades. For that reason, we give the SPY a Hold rating right now.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Charlie Munger Predicted \"Considerable Trouble\" For Markets: SPY Implications</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\">\nCharlie Munger Predicted \"Considerable Trouble\" For Markets: SPY Implications\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-01 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4537755-charlie-munger-predicted-considerable-trouble-for-markets-spy-implications><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryEarlier this year, billionaire investor Charlie Munger predicted that the markets would face \"considerable trouble.\"We take a look at his prediction in light of recent macroeconomic ...</p>\n\n<a href=\"https://seekingalpha.com/article/4537755-charlie-munger-predicted-considerable-trouble-for-markets-spy-implications\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4537755-charlie-munger-predicted-considerable-trouble-for-markets-spy-implications","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122895763","content_text":"SummaryEarlier this year, billionaire investor Charlie Munger predicted that the markets would face \"considerable trouble.\"We take a look at his prediction in light of recent macroeconomic developments and its implications for the S&P 500.We also share our approach to investing in the current environment.Billionaire investor Charlie Munger - Warren Buffett's partner at Berkshire Hathaway  - recently opined that \"considerable trouble\" was coming for markets at the Daily Journal's (DJCO) annual meeting earlier this year, stating:What we're getting iswretched excess and danger for the country. Everybody loves it because it's like a bunch of people getting drunk at a party; they're having so much fun getting drunk that they don't think about the consequences. Eventually, there will be considerable trouble because of the wretched excess, that's the way it's usually worked in the past.He went on define what he meant by wretched excess:Certainly, the great short squeeze in GameStop (GME) was wretched excess. Certainly, the bitcoin (BTC-USD) thing is wretched excess. I would argue venture capital is throwing too much money too fast, and there's a considerable wretched excess in venture capital and other forms of private equity...There's never been anything quite like what we're doing now. We do know from what's happened in other nations, if you try and print too much money it eventually causes terrible trouble. We're closer to terrible trouble than we've been in the past, but it may still be a long way off.\"While the SPDR S&P 500 Trust ETF has delivered -8.57% returns since that meeting, it has not yet experienced the \"considerable trouble\" of which Mr. Munger spoke:SPY Total Return Price data by YChartsHowever, we can certainly see that the wretched excess has continued in the months since and the symptoms of it have also increased. While the crypto bubble has continued to burst, with bitcoin down an addition 56% since Mr. Munger's remarks, GME continues to enjoy an elevated valuation:GME data by YChartsWe can also see that interest rates remain near historic lows - despite rising considerably in recent months - and the highly inflated money supply has remained relatively flat since Mr. Munger made his remarks:US Long-Term Interest Rates data by YChartsWe can also see that market indexes and especially housing prices remain elevated:SPY data by YChartsHowever, the consequences of all this excess and bubble-like behavior are beginning to be felt, with GDP declining for two quarters in a row and inflation soaring to four-decade highs in recent months:US Consumer Price Index YoY data by YChartsIn this article, we will discuss the implications that this has for the SPY as well as our investing approach in the current environment.Implication #1: Forward Returns Are Likely To Be LacklusterThe biggest takeaway from Mr. Munger's remarks in light of current macroeconomic and market conditions is that forward returns for the SPY are likely to be lackluster. The reasons for this are pretty straightforward:1. The economic growth outlook is weak, if not negative for the foreseeable future. Without strong economic growth, earnings growth is bound to be weak as well.2. Valuation multiples are elevated relative to historical averages. According to datacompiledby Current Market Valuation based on an equally weighted average of the Yield Curve, Buffett indicator, P/E Ratio, Interest Rate, Margin Debt, and S&P 500 Mean Reversion models based on historical data, the market is currently towards the upper end of the fairly valued range. This means that it is almost overvalued, implying that the market is likely to experience lackluster, if not poor, returns for the foreseeable future. The SPY is overvalued according to the Yield Curve, Buffett Indicator, P/E Ratio, and S&P 500 Mean Reversion models, is slightly above fair value according to the Interest Rate model, and slightly below fair value according to the Margin Debt model.3. Interest rates are likely to rise further, based on persistently high inflation and the Federal Reserve's latestcomments. Higher interest rates in the near future will make the market seem overvalued at present according to the Interest Rate model, adding further weight to the argument that the market is overvalued at the moment. Higher interest rates will also act like gravity on asset valuations, driving them lower.When you combine weak growth with a lack of multiple expansion (and in fact likely multiple compression), very low dividend yields, and likely interest rate increases, there are no real catalysts to drive stock market returns.Implication #2: Volatility Will Likely Be Elevated For The Foreseeable FutureThat said, interest rates do remain historically cheap and there is still a lot of excess capital sloshing around in the global markets. As a result, there will still likely be plenty of dip buying, especially on any hints of inflation declining, the economy weathering the current headwinds better than expected, and/or the Federal Reserve beginning to change its hawkish stance. As the bulls and bears continue to duke it out in aggressive fashion, with bulls aggressively buying dips and bears aggressively selling rips on renewed fears of a recession and/or further interest rate hikes, volatility will likely remain elevated.On top of that, with geopolitical risks mounting in East Asia, the Middle East, and Eastern Europe, there are plenty of potential further catalysts for sending stocks plunging lower at a minute's notice.Implication #3: A Market Crash Is Very PossibleAs already indicated in implication #2, a market crash is also very possible at the moment. The reasons for it are simple:1. As already highlighted, valuations are already bloated, so a crash would not require a stark departure from historical valuation levels. In fact, a crash might be necessary to fully correct financial markets from all of the artificial stimulus from central bankers over the past decade.2. There are numerous catalysts which could spark a market crash, and they seem more likely at the moment than at any time in recent memory: any number of geopolitical crises, ranging from a Chinese invasion of Taiwan, to the war in Europe going nuclear, to a major energy crisis if a war begins between Iran and Saudi Arabia, a massive cyber-attack that significantly disrupts the global economy, a major new pandemic or variant of COVID-19 emerging, or even possibly a major global recession.Investor TakeawayWhile these are certainly complicated, if not extremely challenging, times for investors trying to navigate the markets, we are remaining fully invested. However, we are keeping the following principles in mind to guide us with greater prudence during this period:1. We are being highly selective by only investing in securities that appear to have a clear margin of safety, while keeping a small weighting in our most cyclical positions and overweighting our most defensive positions.2. We are avoiding taking on any personal leverage through this period in order to minimize our risk of outsized losses in the event of a market crash and to give us the capacity to potentially create some dry powder to capitalize on a market crash.3. We are also investing in securities that profit from elevated volatility as we believe that - even in a scenario where the markets do not experience a full-fledged crash - volatility levels will likely be above average for the foreseeable future due to the geopolitical and macroeconomic jitters that are gripping the markets with increasing frequency. As the chart below indicates, volatility as depicted by theVIXis up significantly from where it was before COVID-19 and is even up in 2022 relative to the second half of 2021.VIXdata by YChartsFor those who choose to continue investing in low-cost index funds like SPY, we are not bullish in the short-term, as - for the reasons outlined in this article - we expect lackluster economic growth, elevated valuations, rising interest rates, and the rising risks of a black swan event to suppress broad market total returns for the foreseeable future. As a result, we encourage investors to be more selective in the current environment than to blindly buy the broader market. At the same time, for those committed to passive investing over the long term, remaining fully invested with a practice of consistent long-term dollar cost averaging and prudent personal financial management is unlikely to deliver disappointing results over the course of decades. For that reason, we give the SPY a Hold rating right now.","news_type":1,"symbols_score_info":{"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":2888,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911935122,"gmtCreate":1664111455166,"gmtModify":1676537391806,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9911935122","isVote":1,"tweetType":1,"viewCount":3459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909766443,"gmtCreate":1658929228782,"gmtModify":1676536229927,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9909766443","repostId":"9909981140","repostType":1,"repost":{"id":9909981140,"gmtCreate":1658798069480,"gmtModify":1676536209246,"author":{"id":"3576190733155282","authorId":"3576190733155282","name":"Chris23","avatar":"https://community-static.tradeup.com/news/f76eb3b5f59a69dfc75dd237e6ba8d9c","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576190733155282","idStr":"3576190733155282"},"themes":[],"title":"Inflation: Back to that 70s show?","htmlText":"Last month marked the highest level of inflation in 40 years as the Consumer Price Index (CPI), which is a broad measure&nbsp;of everyday goods and services soared 9.1% from a year ago. 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Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261812565319864,"gmtCreate":1704929566660,"gmtModify":1704929572910,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Just for the free chance haha","listText":"Just for the free chance haha","text":"Just for the free chance haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261812565319864","isVote":1,"tweetType":1,"viewCount":3644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261359380082888,"gmtCreate":1704818804926,"gmtModify":1704818808708,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Gogo ok let go trying to share","listText":"Gogo ok let go trying to share","text":"Gogo ok let go trying to share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261359380082888","isVote":1,"tweetType":1,"viewCount":2868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261356522995960,"gmtCreate":1704818260502,"gmtModify":1704818265459,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573361937273706","idStr":"3573361937273706"},"themes":[],"htmlText":"Repost","listText":"Repost","text":"Repost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261356522995960","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. 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