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2021-06-17

Haha.... Need to digest the rally so far.

LIVE MARKETS-Wall Street digests the Fed, gets heartburn

2021-06-17

Buy both!

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2021-06-17

Chips is needed in almost anything we own.

Intel CEO sees ’10 good years’ of chip industry growth

2021-06-17

Cool!

3 historic precedents show tech stocks will go higher

2021-06-17

Children need to play.

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2021-06-17

So is fine.

Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.

2021-06-16

Oh no.

U.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal

2021-06-16

OMG.... who will be taking care of me when i am old?

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2021-06-16

Trust the Sg Minister forsight.

Air travel in Asia won’t return to pre-Covid levels ‘anytime soon,’ says Singapore minister

2021-06-16

The risk is low.

How Worrisome Are Heart Issues Reported With Pfizer's and Moderna's COVID Vaccines?

2021-06-16

Will oil rig builder benefit?

Crude prices in Asia jump on robust demand, tight supply

2021-06-16

Aviation stock.... Buy.

EU Set to Lift Travel Curbs for U.S. Residents This Week

2021-06-16

Ok

LIVE MARKETS-EVs and SPACs

2021-06-16

Wait for now.

Why a Hawkish Fed Might Not Spook Emerging Markets

2021-06-16

No worries... It is rotational play in the market.

3 Reasons Tech Stocks May Continue To Struggle

2021-06-16

Diversification.

Here's a complete trader playbook for every outcome from the key Fed meeting

2021-06-16

Take cover for now.

Cramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’

2021-06-16

Huge bet! Good luck!

GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis

2021-06-16

History will repeat.... Time to hedge our investment.

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2021-06-16

Agree. Get your lifeboat ready!

FOMC Preview: "It's Like The Titanic Running At Full Speed. In Fog. At Night"

Go to Tiger App to see more news

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Need to digest the rally so far.","listText":"Haha.... Need to digest the rally so far.","text":"Haha.... Need to digest the rally so far.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161397167","repostId":"2144971872","repostType":2,"repost":{"id":"2144971872","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623874888,"share":"https://ttm.financial/m/news/2144971872?lang=&edition=fundamental","pubTime":"2021-06-17 04:21","market":"sh","language":"en","title":"LIVE MARKETS-Wall Street digests the Fed, gets heartburn","url":"https://stock-news.laohu8.com/highlight/detail?id=2144971872","media":"Reuters","summary":"* Major U.S. indexes end down after FOMC results   * Utilities weakest major S&P sector; cons disc s","content":"<html><body><p>* Major U.S. indexes end down after FOMC results</p><p>   * Utilities weakest major S&amp;P sector; cons disc sole gainer</p><p>   * Dollar up; crude down, gold slides; bitcoin down ~4%</p><p>   * U.S. 10-Year Treasury yield ~1.57%  </p><p>    June 16 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   WALL STREET DIGESTS THE FED, GETS HEARTBURN (1610 EDT/2010 GMT)</p><p>   Major U.S. equity indexes closed down on Wednesday after news from the Federal Reserve that it expects the first post-pandemic interest rate hikes to be sooner than forecast.</p><p>   The Nasdaq   , S&amp;P 500    and Dow Industrials</p><p>  finished off around 0.2%-0.8%.</p><p>   Nearly all major S&amp;P 500 sectors closed lower, with consumer discretionary    the only gainer.</p><p>   Of note, after initial weakness in the wake of the FOMC statement at 2 PM EDT, and then a modest bounce, there was some additional strength that kicked in from around the time Fed Chair Powell began his 2:30 PM EDT press conference.</p><p>   Although financials    were the only winner from statement release to press conference, from the presser on things changed, with discretionary, tech    and communication services    seeing the most strength then into the close. FANGs    were among the outperformers, while financials were red over this hour and half period.</p><p>   In the end, growth    outperformed value    on the day.</p><p>   Regarding the Fed, Frances Donald, Global Chief Economist at Manulife Investment Management said, \"The dot plot is now showing two rate hikes by 2023. That's enough of a hawkish surprise for the bond market and its getting all of the attention.\"</p><p>   Donald added, \"What's interesting here is that the Federal Reserve has increased its estimate of when the first rate hikes will come but not materially changed its 2022 and 2023 projections for growth and inflation. What that tells us is that while the outlook hasn't dramatically changed it seems that the Fed's confidence in returning to a normal environment has.\"</p><p>   Here is Wednesday's closing snapshot:</p><p>   (Terence Gabriel, Sinéad Carew)</p><p>   *****  </p><p>   S&amp;P 500 RED AFTER FED (1424 EDT/1824 GMT)</p><p>   The S&amp;P 500    initially dove with the release of the FOMC Meeting statement.</p><p>   This after The Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a longstanding reference that the crisis was weighing on the economy.      </p><p>   The SPX has snapped back off its low some, but remains down for the day. </p><p>   Nearly all major S&amp;P 500 sectors are red on the day. Financials    are slightly positive, and are the only sector to rally since just prior to the 2 PM EDT release time. Tech    is the weakest group over this short period.</p><p>   With this, the dollar    has strengthened, while spot gold    has dipped. The U.S. 10-Year Treasury yield</p><p>  has popped up to around 1.54% from around 1.49%. </p><p>   Regarding the Fed Statement, Ryan Detrick, Senior Market Strategist at LPL Financial Research said, \"There was a big jump in (the Fed’s) inflation expectations, a point above March projections, and with the likelihood of first rate hike now in 2023, there was a knee jerk reaction and the market is trying to digest it.\"</p><p>   Detrick added that he thought the market was expecting this, and is having typical Fed day volatility.</p><p>   \"It’s like you get all worked up and excited when the Fed has an announcement and the market sleeps on it overnight and go the other way the very next day.\"</p><p>   \"There’s no sign of tapering, but we’ll see with the Q&amp;A.”</p><p>   (Terence Gabriel, Stephen Culp)</p><p>   *****</p><p>   COMPANIES DIVE BACK INTO THE BUYBACK POOL (1240 EDT/1640 GMT)</p><p>   Howard Silverblatt, Senior Index Analyst at S&amp;P Dow Jones Indices, is out this week with some commentary on buybacks.</p><p>   According to Silverblatt, after reining in buybacks in Q2 2020 ($88.7 billion; Q1 2020 was $198.7 billion), more companies ventured back into the buyback market as they sought shares to cover employee options being exercised and stem dilution.</p><p>   He believes this, combined with buying from strong cash-flow companies, drove a buyback rebound in the fourth quarter of 2020 ($130.5 billion; Q3 was $101.8 billion).</p><p>   Silverblatt adds that Q1 2021 accelerated the return ($178.1 billion), as more companies covered their options and did discretionary buying, thereby reducing their share count and aiding EPS.</p><p>   For the remainder of 2021, Silverblatt says strong cash-flow considerations are expected to continue to dominate buyback headlines, but the \"broader market and economic story may be the breadth, expenditures and willingness of the companies, which mostly shut down their programs over COVID uncertainties, to return to buybacks.\"</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FROM THE FED, WATCH THE DOTS AND THE FORECASTS (1215 EDT/1615 GMT)</p><p>   All eyes are on the U.S. Federal Reserve for signals on how the central bank could begin unwinding its massive bond-buying program.  </p><p>   However, Fed chairman Jerome Powell is unlikely to provide much beyond acknowledgement that policymakers are \"talking about talking about tapering,\" Michael Pearce, senior U.S. economist at Capital Economics told the Reuters Global Markets Forum. </p><p>   Pearce is eyeing the Fed's \"dot plot,\" an indication of when policymakers expect interest rate hikes. </p><p>   \"The first rate hike will probably be bumped forward to 2023 in the median projection, and some of the individual dots could be higher for 2022 and 2023,\" he said. </p><p>   Such revisions will not be a huge surprise, but Pearce says changes to the Fed's unemployment and inflation forecasts will be key. </p><p>   Given recent data, Pearce says inflation forecasts will \"definitely need to rise,\" but if policymakers stick to their belief that inflationary forces are transitory, they could lower core inflation forecasts for 2022. </p><p>   Pearce thinks inflation could be more persistent, noting supply shortages and the possible start to \"a larger upturn in the most cyclical components of (the) consumer price index.\"</p><p>   A bigger question for Pearce is the impact of rising prices on economic activity. He points to June's University of Michigan survey showing consumers are concerned about the prices of homes, vehicles, and durable goods.  </p><p>   If inflation clamps consumer spending, it would likely prompt revisions to otherwise strong forecasts for U.S. economic growth. Currently, Pearce expects gross domestic product for the second quarter at around 10% annualized. </p><p>   \"By the end of the year, I'd expect U.S. GDP to be pretty much back on its pre-Covid trend path, though I suspect the unemployment rate will still be slightly elevated,\" he said.</p><p>   As far as tapering goes, Pearce expects a clearer timeline around August, and a gradual rollback of purchases that takes most of 2022.   </p><p>   (GMF membership link): </p><p>   (Lisa Mattackal)</p><p>   ****</p><p>    CAUTIOUS EUROPEAN CLOSE (1150 EDT/1550 GMT)</p><p>   The banking sector being the top loser, with a 0.8% decline, probably tells you all you need to know about what change investors expect from the Fed and the ECB's policy stance.</p><p>   Yes, not much indeed and easing government bond yields tell us roughly the same story.</p><p>   Anyhow, aside from banking and auto stocks, this session was fairly positive for the pan-European STOXX 600 with a 0.2% gain. We even had an intra day high of 460.3, just a whisker below the 460.5 record set on Monday.</p><p>   One disappointing note perhaps was the IPO of Made.com</p><p>  which lost about 5% on its London debut, another company to fall on its first day of trading in a volatile year for stock market listings.</p><p>   That list comprises Deliveroo and Alphawave but also France's Believe. </p><p>   Overall the market price action was fairly limited, which is understandable before a Fed meeting. </p><p>   \"Markets have been in deep freeze the last few days waiting for tonight’s decision\", wrote Chris Beauchamp at IG. </p><p>   \"Those hoping for a mis-step from the chairman will probably be disappointed – he knows where the questions will focus and will be determined not to be caught on the hop\", he added.</p><p>   (Julien Ponthus) </p><p>   *****</p><p>   TEMPERING THE TASTE FOR TECH (1129 EDT/1529 GMT)</p><p>   LPL Financial Research is out with a note this week in which they say it's time to temper tech.</p><p>   “It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” explained LPL Equity Strategist Jeffrey Buchbinder. “But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”</p><p>   Indeed, LPL downgraded technology to neutral primarily for the following reasons:</p><p>   First off, the reopening. LPL expects the market’s shift toward reopening beneficiaries vs work-from-home stocks to continue. </p><p>   Secondly, valuations. According to LPL, the P/E for the tech sector based on estimated earnings over the next 12 months, as well as its relative valuation vs the S&amp;P 500   , are both elevated. </p><p>   Additionally, comparing value to growth based on the Russell 1000 style indexes reveals an \"even bigger gap—the Growth Index is trading at a more than 60% premium to the Value Index, the most in 20 years.\" LPL adds that interest rates, which they expect to rise for the rest of 2021, might take a bite out of richly valued growth stocks.</p><p>   Finally, LPL says that although the sector is near its all-time high, its relative performance versus the S&amp;P 500 Index peaked last September and has been drifting sideways to lower since then, pointing them to a neutral sector view.</p><p>   LPL emphasizes that their downgrade doesn’t in any way mean they plan to abandon tech completely, saying that \"we believe the sector likely moves higher in the second half of the year, along with the broad market, but we just see better opportunities for outperformance in cyclical value stocks.\"</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   COOKING WITH GAS: HOT INFLATION AFFECTS IMPORTS, HOUSING STARTS (1045 EDT/1445 GMT)</p><p>   Data released on Wednesday provided plenty of fodder for those who are fretting over rising prices and looking to the U.S. Federal Reserve, which concludes its two-day monetary policy meeting this afternoon, for any change in nuance regarding its assertion that the current wave is temporary.</p><p>   The cost of goods imported to the United States    increased by 1.1% in May according to the Labor Department, hotter than the 0.8% consensus and an acceleration from the previous month.  </p><p>   The increase was largely driven by gasoline and industrial supplies, further evidence that supply chain bottlenecks in the face of a demand boom are sending prices skyward.</p><p>   Year-over-year, import prices heated up to a scalding 11.3%, the highest in nearly a decade and soaring well beyond other major indicators, which are all running at or above the Fed's average annual 2% inflation target.</p><p>   But Mahir Rasheed, U.S. economist at Oxford Economics (OE), agrees with the Fed's assurances.</p><p>   \"As supply-side constraints gradually dissipate and the influence of base effects gradually fades in the coming months, we expect the pace of import price inflation to moderate in the second half of the year,\" Rasheed writes.</p><p>   Here's how those indicators stack up against the central bank's favorite inflation yardstick, core PCE:</p><p>   A report from the Commerce Department showed groundbreaking on new American homes    increased by 3.6% last month to 1.572 million units at a seasonally adjusted annualized rate (SAAR). This was cold comfort considering it, was a smaller-than-expected partial rebound from April's stark 12.1% plunge.  </p><p>   A suburban homebuying frenzy unleashed by social distancing restrictions has sent inventories to record lows, supporting the homebuilding sector. But that same supply crunch has touched building materials, launching lumber prices to the moon and hampering new construction.</p><p>   Building permits   , <a href=\"https://laohu8.com/S/AONE\">one</a> of the more forward-looking housing indicators, dropped by 3% to 1.682 million units SAAR, steeper than expected and an acceleration from the 1.3% drop the month prior. </p><p>   It's worth pointing out, however, that building permits remain well above pre-COVID levels.</p><p>   \"We think construction has some way further to fall, though the shortage of inventory means that activity will remain higher than implied by the mortgage applications data for some time yet,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics.</p><p>   Speaking of which, dropping interest rates goosed demand for home loans by 4.2% last week, according to the Mortgage Bankers Association (MBA).</p><p>   A 4-basis-point drop in the average 30-year fixed contract rate    - to 3.11% from 3.15% - helped boost applications for refi    and purchase loans</p><p>  by 6% and 2%, respectively.</p><p>   The increase was also likely attributable, in part, to a rebound from the Memorial Day holiday effect.</p><p>   \"Strong demand and the recent decline in mortgage rates, which are down more than 25 basis points since early April, should support some homebuying activity,\" says Nancy Vanden Houten, lead economist at Oxford Economics. \"But limited supply and sharply higher home prices still present considerable headwinds.\"</p><p>   U.S. stock indexes are mixed ahead of the FOMC statement expected at 2pm EDT at the conclusion of its two-day monetary policy meeting.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   MEME STOCKS LOSING STEAM, QUAD WITCHING COULD MAKE IT WORSE (0930 EDT/1330 GMT)</p><p>   A basket tracking some of the most popular meme stocks is down by 17% over the past week, analysts at Vanda Research said.</p><p>   Indeed, such stocks as AMC Entertainment Holdings Inc</p><p> , GameStop Corp   , Clover Health Investments Corp</p><p>  and Workhorse Group    are all under pressure in the early throes of Wednesday's regular session after a wild ride over the past few weeks.  </p><p>   The current meme stock bubble has been running for three weeks now, just about the same time as the last bubble in January. With retail flows surpassing the peak of Q1 and given the amount of risk embedded in these investments, retail investors will rush to the exit unless there's an immediate rally, Vanda Researchers said.</p><p>   This week's quadruple witching event could make things even more complicated for meme stocks. In the last couple of days open interest on call options on meme stocks has been declining as traders take profits before the expiry. In response, market makers are unwinding their long-stock hedges, creating a negative feedback loop, analysts added.</p><p>   Quadruple witching refers to the simultaneous expiration of single-stock options, index options, single-stock futures and index futures, which happens on the third Friday in March, June, September and December.</p><p>   \"All manias run out of energy at some point and this is no different,\" said Art Hogan, chief market strategist at National Securities in New York.</p><p>   \"It hasn't completely disappeared but overall volumes are starting to peter out and that's just the natural course of events.\"  </p><p>    (Medha Singh)</p><p>   *****</p><p>   NASDAQ VS COMMODITIES: TIME FOR TECH TO STEP UP? (0900 EDT/1300 GMT)</p><p>   The tech-laden Nasdaq Composite    relative to the Refinitiv/CoreCommodity CRB index    appears to once again be at an important juncture on the charts.  </p><p>   The Nasdaq/CRB ratio, on a weekly basis, hit a record high of 80.54 in early November of last year. Since then, however, the Nasdaq has underperformed \"stuff.\" In fact, the ratio hit a 14-month low in early June:</p><p>   Now nearly 67, the ratio is flirting with what appears to be significant support in the form of a log-scale trend line from its 2011 trough, now around 65.65, as well as the 100-week moving average <a href=\"https://laohu8.com/S/WMA.AU\">$(WMA.AU)$</a>, now around 64.40.</p><p>   The ratio did suffer a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week closing violation of the support line in late 2018. However, with the market's December bottom that year, it quickly reversed to the upside without breaking the 100-WMA. The trendline then contained weakness in  2019, and early 2020.</p><p>   Of note, the ratio has been on a record run vs its 100-WMA. In fact, it is on pace for its 499th straight weekly close above this long-term moving average. This current run above the 100-WMA dwarfs the ratio's 155-week streak that lasted into the Y2K tech bubble top.</p><p>   Thus, in the face of this week's event risks in the form of today's FOMC results  , and Friday's quadruple witching  , it may now be time for tech to once again step up, in order to underpin a renewed Nasdaq advance relative to commodities.   </p><p>   A ratio weekly close below support can add credence to the view that a sea change in trend is underway. A deeper decline to threaten the March 2000 high, at 28.9, could see the ratio lose more than half its value from current levels.</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FOR WEDNESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ IXICTRCCRB06162021     Inflation     Housing starts and building permits     MBA     closer06162021    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</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>LIVE MARKETS-Wall Street digests the Fed, gets heartburn</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\">\nLIVE MARKETS-Wall Street digests the Fed, gets heartburn\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 04:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Major U.S. indexes end down after FOMC results</p><p>   * Utilities weakest major S&amp;P sector; cons disc sole gainer</p><p>   * Dollar up; crude down, gold slides; bitcoin down ~4%</p><p>   * U.S. 10-Year Treasury yield ~1.57%  </p><p>    June 16 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   WALL STREET DIGESTS THE FED, GETS HEARTBURN (1610 EDT/2010 GMT)</p><p>   Major U.S. equity indexes closed down on Wednesday after news from the Federal Reserve that it expects the first post-pandemic interest rate hikes to be sooner than forecast.</p><p>   The Nasdaq   , S&amp;P 500    and Dow Industrials</p><p>  finished off around 0.2%-0.8%.</p><p>   Nearly all major S&amp;P 500 sectors closed lower, with consumer discretionary    the only gainer.</p><p>   Of note, after initial weakness in the wake of the FOMC statement at 2 PM EDT, and then a modest bounce, there was some additional strength that kicked in from around the time Fed Chair Powell began his 2:30 PM EDT press conference.</p><p>   Although financials    were the only winner from statement release to press conference, from the presser on things changed, with discretionary, tech    and communication services    seeing the most strength then into the close. FANGs    were among the outperformers, while financials were red over this hour and half period.</p><p>   In the end, growth    outperformed value    on the day.</p><p>   Regarding the Fed, Frances Donald, Global Chief Economist at Manulife Investment Management said, \"The dot plot is now showing two rate hikes by 2023. That's enough of a hawkish surprise for the bond market and its getting all of the attention.\"</p><p>   Donald added, \"What's interesting here is that the Federal Reserve has increased its estimate of when the first rate hikes will come but not materially changed its 2022 and 2023 projections for growth and inflation. What that tells us is that while the outlook hasn't dramatically changed it seems that the Fed's confidence in returning to a normal environment has.\"</p><p>   Here is Wednesday's closing snapshot:</p><p>   (Terence Gabriel, Sinéad Carew)</p><p>   *****  </p><p>   S&amp;P 500 RED AFTER FED (1424 EDT/1824 GMT)</p><p>   The S&amp;P 500    initially dove with the release of the FOMC Meeting statement.</p><p>   This after The Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a longstanding reference that the crisis was weighing on the economy.      </p><p>   The SPX has snapped back off its low some, but remains down for the day. </p><p>   Nearly all major S&amp;P 500 sectors are red on the day. Financials    are slightly positive, and are the only sector to rally since just prior to the 2 PM EDT release time. Tech    is the weakest group over this short period.</p><p>   With this, the dollar    has strengthened, while spot gold    has dipped. The U.S. 10-Year Treasury yield</p><p>  has popped up to around 1.54% from around 1.49%. </p><p>   Regarding the Fed Statement, Ryan Detrick, Senior Market Strategist at LPL Financial Research said, \"There was a big jump in (the Fed’s) inflation expectations, a point above March projections, and with the likelihood of first rate hike now in 2023, there was a knee jerk reaction and the market is trying to digest it.\"</p><p>   Detrick added that he thought the market was expecting this, and is having typical Fed day volatility.</p><p>   \"It’s like you get all worked up and excited when the Fed has an announcement and the market sleeps on it overnight and go the other way the very next day.\"</p><p>   \"There’s no sign of tapering, but we’ll see with the Q&amp;A.”</p><p>   (Terence Gabriel, Stephen Culp)</p><p>   *****</p><p>   COMPANIES DIVE BACK INTO THE BUYBACK POOL (1240 EDT/1640 GMT)</p><p>   Howard Silverblatt, Senior Index Analyst at S&amp;P Dow Jones Indices, is out this week with some commentary on buybacks.</p><p>   According to Silverblatt, after reining in buybacks in Q2 2020 ($88.7 billion; Q1 2020 was $198.7 billion), more companies ventured back into the buyback market as they sought shares to cover employee options being exercised and stem dilution.</p><p>   He believes this, combined with buying from strong cash-flow companies, drove a buyback rebound in the fourth quarter of 2020 ($130.5 billion; Q3 was $101.8 billion).</p><p>   Silverblatt adds that Q1 2021 accelerated the return ($178.1 billion), as more companies covered their options and did discretionary buying, thereby reducing their share count and aiding EPS.</p><p>   For the remainder of 2021, Silverblatt says strong cash-flow considerations are expected to continue to dominate buyback headlines, but the \"broader market and economic story may be the breadth, expenditures and willingness of the companies, which mostly shut down their programs over COVID uncertainties, to return to buybacks.\"</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FROM THE FED, WATCH THE DOTS AND THE FORECASTS (1215 EDT/1615 GMT)</p><p>   All eyes are on the U.S. Federal Reserve for signals on how the central bank could begin unwinding its massive bond-buying program.  </p><p>   However, Fed chairman Jerome Powell is unlikely to provide much beyond acknowledgement that policymakers are \"talking about talking about tapering,\" Michael Pearce, senior U.S. economist at Capital Economics told the Reuters Global Markets Forum. </p><p>   Pearce is eyeing the Fed's \"dot plot,\" an indication of when policymakers expect interest rate hikes. </p><p>   \"The first rate hike will probably be bumped forward to 2023 in the median projection, and some of the individual dots could be higher for 2022 and 2023,\" he said. </p><p>   Such revisions will not be a huge surprise, but Pearce says changes to the Fed's unemployment and inflation forecasts will be key. </p><p>   Given recent data, Pearce says inflation forecasts will \"definitely need to rise,\" but if policymakers stick to their belief that inflationary forces are transitory, they could lower core inflation forecasts for 2022. </p><p>   Pearce thinks inflation could be more persistent, noting supply shortages and the possible start to \"a larger upturn in the most cyclical components of (the) consumer price index.\"</p><p>   A bigger question for Pearce is the impact of rising prices on economic activity. He points to June's University of Michigan survey showing consumers are concerned about the prices of homes, vehicles, and durable goods.  </p><p>   If inflation clamps consumer spending, it would likely prompt revisions to otherwise strong forecasts for U.S. economic growth. Currently, Pearce expects gross domestic product for the second quarter at around 10% annualized. </p><p>   \"By the end of the year, I'd expect U.S. GDP to be pretty much back on its pre-Covid trend path, though I suspect the unemployment rate will still be slightly elevated,\" he said.</p><p>   As far as tapering goes, Pearce expects a clearer timeline around August, and a gradual rollback of purchases that takes most of 2022.   </p><p>   (GMF membership link): </p><p>   (Lisa Mattackal)</p><p>   ****</p><p>    CAUTIOUS EUROPEAN CLOSE (1150 EDT/1550 GMT)</p><p>   The banking sector being the top loser, with a 0.8% decline, probably tells you all you need to know about what change investors expect from the Fed and the ECB's policy stance.</p><p>   Yes, not much indeed and easing government bond yields tell us roughly the same story.</p><p>   Anyhow, aside from banking and auto stocks, this session was fairly positive for the pan-European STOXX 600 with a 0.2% gain. We even had an intra day high of 460.3, just a whisker below the 460.5 record set on Monday.</p><p>   One disappointing note perhaps was the IPO of Made.com</p><p>  which lost about 5% on its London debut, another company to fall on its first day of trading in a volatile year for stock market listings.</p><p>   That list comprises Deliveroo and Alphawave but also France's Believe. </p><p>   Overall the market price action was fairly limited, which is understandable before a Fed meeting. </p><p>   \"Markets have been in deep freeze the last few days waiting for tonight’s decision\", wrote Chris Beauchamp at IG. </p><p>   \"Those hoping for a mis-step from the chairman will probably be disappointed – he knows where the questions will focus and will be determined not to be caught on the hop\", he added.</p><p>   (Julien Ponthus) </p><p>   *****</p><p>   TEMPERING THE TASTE FOR TECH (1129 EDT/1529 GMT)</p><p>   LPL Financial Research is out with a note this week in which they say it's time to temper tech.</p><p>   “It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” explained LPL Equity Strategist Jeffrey Buchbinder. “But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”</p><p>   Indeed, LPL downgraded technology to neutral primarily for the following reasons:</p><p>   First off, the reopening. LPL expects the market’s shift toward reopening beneficiaries vs work-from-home stocks to continue. </p><p>   Secondly, valuations. According to LPL, the P/E for the tech sector based on estimated earnings over the next 12 months, as well as its relative valuation vs the S&amp;P 500   , are both elevated. </p><p>   Additionally, comparing value to growth based on the Russell 1000 style indexes reveals an \"even bigger gap—the Growth Index is trading at a more than 60% premium to the Value Index, the most in 20 years.\" LPL adds that interest rates, which they expect to rise for the rest of 2021, might take a bite out of richly valued growth stocks.</p><p>   Finally, LPL says that although the sector is near its all-time high, its relative performance versus the S&amp;P 500 Index peaked last September and has been drifting sideways to lower since then, pointing them to a neutral sector view.</p><p>   LPL emphasizes that their downgrade doesn’t in any way mean they plan to abandon tech completely, saying that \"we believe the sector likely moves higher in the second half of the year, along with the broad market, but we just see better opportunities for outperformance in cyclical value stocks.\"</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   COOKING WITH GAS: HOT INFLATION AFFECTS IMPORTS, HOUSING STARTS (1045 EDT/1445 GMT)</p><p>   Data released on Wednesday provided plenty of fodder for those who are fretting over rising prices and looking to the U.S. Federal Reserve, which concludes its two-day monetary policy meeting this afternoon, for any change in nuance regarding its assertion that the current wave is temporary.</p><p>   The cost of goods imported to the United States    increased by 1.1% in May according to the Labor Department, hotter than the 0.8% consensus and an acceleration from the previous month.  </p><p>   The increase was largely driven by gasoline and industrial supplies, further evidence that supply chain bottlenecks in the face of a demand boom are sending prices skyward.</p><p>   Year-over-year, import prices heated up to a scalding 11.3%, the highest in nearly a decade and soaring well beyond other major indicators, which are all running at or above the Fed's average annual 2% inflation target.</p><p>   But Mahir Rasheed, U.S. economist at Oxford Economics (OE), agrees with the Fed's assurances.</p><p>   \"As supply-side constraints gradually dissipate and the influence of base effects gradually fades in the coming months, we expect the pace of import price inflation to moderate in the second half of the year,\" Rasheed writes.</p><p>   Here's how those indicators stack up against the central bank's favorite inflation yardstick, core PCE:</p><p>   A report from the Commerce Department showed groundbreaking on new American homes    increased by 3.6% last month to 1.572 million units at a seasonally adjusted annualized rate (SAAR). This was cold comfort considering it, was a smaller-than-expected partial rebound from April's stark 12.1% plunge.  </p><p>   A suburban homebuying frenzy unleashed by social distancing restrictions has sent inventories to record lows, supporting the homebuilding sector. But that same supply crunch has touched building materials, launching lumber prices to the moon and hampering new construction.</p><p>   Building permits   , <a href=\"https://laohu8.com/S/AONE\">one</a> of the more forward-looking housing indicators, dropped by 3% to 1.682 million units SAAR, steeper than expected and an acceleration from the 1.3% drop the month prior. </p><p>   It's worth pointing out, however, that building permits remain well above pre-COVID levels.</p><p>   \"We think construction has some way further to fall, though the shortage of inventory means that activity will remain higher than implied by the mortgage applications data for some time yet,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics.</p><p>   Speaking of which, dropping interest rates goosed demand for home loans by 4.2% last week, according to the Mortgage Bankers Association (MBA).</p><p>   A 4-basis-point drop in the average 30-year fixed contract rate    - to 3.11% from 3.15% - helped boost applications for refi    and purchase loans</p><p>  by 6% and 2%, respectively.</p><p>   The increase was also likely attributable, in part, to a rebound from the Memorial Day holiday effect.</p><p>   \"Strong demand and the recent decline in mortgage rates, which are down more than 25 basis points since early April, should support some homebuying activity,\" says Nancy Vanden Houten, lead economist at Oxford Economics. \"But limited supply and sharply higher home prices still present considerable headwinds.\"</p><p>   U.S. stock indexes are mixed ahead of the FOMC statement expected at 2pm EDT at the conclusion of its two-day monetary policy meeting.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   MEME STOCKS LOSING STEAM, QUAD WITCHING COULD MAKE IT WORSE (0930 EDT/1330 GMT)</p><p>   A basket tracking some of the most popular meme stocks is down by 17% over the past week, analysts at Vanda Research said.</p><p>   Indeed, such stocks as AMC Entertainment Holdings Inc</p><p> , GameStop Corp   , Clover Health Investments Corp</p><p>  and Workhorse Group    are all under pressure in the early throes of Wednesday's regular session after a wild ride over the past few weeks.  </p><p>   The current meme stock bubble has been running for three weeks now, just about the same time as the last bubble in January. With retail flows surpassing the peak of Q1 and given the amount of risk embedded in these investments, retail investors will rush to the exit unless there's an immediate rally, Vanda Researchers said.</p><p>   This week's quadruple witching event could make things even more complicated for meme stocks. In the last couple of days open interest on call options on meme stocks has been declining as traders take profits before the expiry. In response, market makers are unwinding their long-stock hedges, creating a negative feedback loop, analysts added.</p><p>   Quadruple witching refers to the simultaneous expiration of single-stock options, index options, single-stock futures and index futures, which happens on the third Friday in March, June, September and December.</p><p>   \"All manias run out of energy at some point and this is no different,\" said Art Hogan, chief market strategist at National Securities in New York.</p><p>   \"It hasn't completely disappeared but overall volumes are starting to peter out and that's just the natural course of events.\"  </p><p>    (Medha Singh)</p><p>   *****</p><p>   NASDAQ VS COMMODITIES: TIME FOR TECH TO STEP UP? (0900 EDT/1300 GMT)</p><p>   The tech-laden Nasdaq Composite    relative to the Refinitiv/CoreCommodity CRB index    appears to once again be at an important juncture on the charts.  </p><p>   The Nasdaq/CRB ratio, on a weekly basis, hit a record high of 80.54 in early November of last year. Since then, however, the Nasdaq has underperformed \"stuff.\" In fact, the ratio hit a 14-month low in early June:</p><p>   Now nearly 67, the ratio is flirting with what appears to be significant support in the form of a log-scale trend line from its 2011 trough, now around 65.65, as well as the 100-week moving average <a href=\"https://laohu8.com/S/WMA.AU\">$(WMA.AU)$</a>, now around 64.40.</p><p>   The ratio did suffer a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week closing violation of the support line in late 2018. However, with the market's December bottom that year, it quickly reversed to the upside without breaking the 100-WMA. The trendline then contained weakness in  2019, and early 2020.</p><p>   Of note, the ratio has been on a record run vs its 100-WMA. In fact, it is on pace for its 499th straight weekly close above this long-term moving average. This current run above the 100-WMA dwarfs the ratio's 155-week streak that lasted into the Y2K tech bubble top.</p><p>   Thus, in the face of this week's event risks in the form of today's FOMC results  , and Friday's quadruple witching  , it may now be time for tech to once again step up, in order to underpin a renewed Nasdaq advance relative to commodities.   </p><p>   A ratio weekly close below support can add credence to the view that a sea change in trend is underway. A deeper decline to threaten the March 2000 high, at 28.9, could see the ratio lose more than half its value from current levels.</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FOR WEDNESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ IXICTRCCRB06162021     Inflation     Housing starts and building permits     MBA     closer06162021    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DJX":"1/100道琼斯","UDOW":"道指三倍做多ETF-ProShares","SQQQ":"纳指三倍做空ETF","QQQ":"纳指100ETF","DXD":"道指两倍做空ETF","TQQQ":"纳指三倍做多ETF",".DJI":"道琼斯","SDOW":"道指三倍做空ETF-ProShares",".SPX":"S&P 500 Index","QID":"纳指两倍做空ETF","PSQ":"纳指反向ETF",".IXIC":"NASDAQ Composite","DOG":"道指反向ETF","DDM":"道指两倍做多ETF","QLD":"纳指两倍做多ETF"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144971872","content_text":"* Major U.S. indexes end down after FOMC results   * Utilities weakest major S&P sector; cons disc sole gainer   * Dollar up; crude down, gold slides; bitcoin down ~4%   * U.S. 10-Year Treasury yield ~1.57%      June 16 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com   WALL STREET DIGESTS THE FED, GETS HEARTBURN (1610 EDT/2010 GMT)   Major U.S. equity indexes closed down on Wednesday after news from the Federal Reserve that it expects the first post-pandemic interest rate hikes to be sooner than forecast.   The Nasdaq   , S&P 500    and Dow Industrials  finished off around 0.2%-0.8%.   Nearly all major S&P 500 sectors closed lower, with consumer discretionary    the only gainer.   Of note, after initial weakness in the wake of the FOMC statement at 2 PM EDT, and then a modest bounce, there was some additional strength that kicked in from around the time Fed Chair Powell began his 2:30 PM EDT press conference.   Although financials    were the only winner from statement release to press conference, from the presser on things changed, with discretionary, tech    and communication services    seeing the most strength then into the close. FANGs    were among the outperformers, while financials were red over this hour and half period.   In the end, growth    outperformed value    on the day.   Regarding the Fed, Frances Donald, Global Chief Economist at Manulife Investment Management said, \"The dot plot is now showing two rate hikes by 2023. That's enough of a hawkish surprise for the bond market and its getting all of the attention.\"   Donald added, \"What's interesting here is that the Federal Reserve has increased its estimate of when the first rate hikes will come but not materially changed its 2022 and 2023 projections for growth and inflation. What that tells us is that while the outlook hasn't dramatically changed it seems that the Fed's confidence in returning to a normal environment has.\"   Here is Wednesday's closing snapshot:   (Terence Gabriel, Sinéad Carew)   *****     S&P 500 RED AFTER FED (1424 EDT/1824 GMT)   The S&P 500    initially dove with the release of the FOMC Meeting statement.   This after The Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a longstanding reference that the crisis was weighing on the economy.         The SPX has snapped back off its low some, but remains down for the day.    Nearly all major S&P 500 sectors are red on the day. Financials    are slightly positive, and are the only sector to rally since just prior to the 2 PM EDT release time. Tech    is the weakest group over this short period.   With this, the dollar    has strengthened, while spot gold    has dipped. The U.S. 10-Year Treasury yield  has popped up to around 1.54% from around 1.49%.    Regarding the Fed Statement, Ryan Detrick, Senior Market Strategist at LPL Financial Research said, \"There was a big jump in (the Fed’s) inflation expectations, a point above March projections, and with the likelihood of first rate hike now in 2023, there was a knee jerk reaction and the market is trying to digest it.\"   Detrick added that he thought the market was expecting this, and is having typical Fed day volatility.   \"It’s like you get all worked up and excited when the Fed has an announcement and the market sleeps on it overnight and go the other way the very next day.\"   \"There’s no sign of tapering, but we’ll see with the Q&A.”   (Terence Gabriel, Stephen Culp)   *****   COMPANIES DIVE BACK INTO THE BUYBACK POOL (1240 EDT/1640 GMT)   Howard Silverblatt, Senior Index Analyst at S&P Dow Jones Indices, is out this week with some commentary on buybacks.   According to Silverblatt, after reining in buybacks in Q2 2020 ($88.7 billion; Q1 2020 was $198.7 billion), more companies ventured back into the buyback market as they sought shares to cover employee options being exercised and stem dilution.   He believes this, combined with buying from strong cash-flow companies, drove a buyback rebound in the fourth quarter of 2020 ($130.5 billion; Q3 was $101.8 billion).   Silverblatt adds that Q1 2021 accelerated the return ($178.1 billion), as more companies covered their options and did discretionary buying, thereby reducing their share count and aiding EPS.   For the remainder of 2021, Silverblatt says strong cash-flow considerations are expected to continue to dominate buyback headlines, but the \"broader market and economic story may be the breadth, expenditures and willingness of the companies, which mostly shut down their programs over COVID uncertainties, to return to buybacks.\"   (Terence Gabriel)   *****   FROM THE FED, WATCH THE DOTS AND THE FORECASTS (1215 EDT/1615 GMT)   All eyes are on the U.S. Federal Reserve for signals on how the central bank could begin unwinding its massive bond-buying program.     However, Fed chairman Jerome Powell is unlikely to provide much beyond acknowledgement that policymakers are \"talking about talking about tapering,\" Michael Pearce, senior U.S. economist at Capital Economics told the Reuters Global Markets Forum.    Pearce is eyeing the Fed's \"dot plot,\" an indication of when policymakers expect interest rate hikes.    \"The first rate hike will probably be bumped forward to 2023 in the median projection, and some of the individual dots could be higher for 2022 and 2023,\" he said.    Such revisions will not be a huge surprise, but Pearce says changes to the Fed's unemployment and inflation forecasts will be key.    Given recent data, Pearce says inflation forecasts will \"definitely need to rise,\" but if policymakers stick to their belief that inflationary forces are transitory, they could lower core inflation forecasts for 2022.    Pearce thinks inflation could be more persistent, noting supply shortages and the possible start to \"a larger upturn in the most cyclical components of (the) consumer price index.\"   A bigger question for Pearce is the impact of rising prices on economic activity. He points to June's University of Michigan survey showing consumers are concerned about the prices of homes, vehicles, and durable goods.     If inflation clamps consumer spending, it would likely prompt revisions to otherwise strong forecasts for U.S. economic growth. Currently, Pearce expects gross domestic product for the second quarter at around 10% annualized.    \"By the end of the year, I'd expect U.S. GDP to be pretty much back on its pre-Covid trend path, though I suspect the unemployment rate will still be slightly elevated,\" he said.   As far as tapering goes, Pearce expects a clearer timeline around August, and a gradual rollback of purchases that takes most of 2022.      (GMF membership link):    (Lisa Mattackal)   ****    CAUTIOUS EUROPEAN CLOSE (1150 EDT/1550 GMT)   The banking sector being the top loser, with a 0.8% decline, probably tells you all you need to know about what change investors expect from the Fed and the ECB's policy stance.   Yes, not much indeed and easing government bond yields tell us roughly the same story.   Anyhow, aside from banking and auto stocks, this session was fairly positive for the pan-European STOXX 600 with a 0.2% gain. We even had an intra day high of 460.3, just a whisker below the 460.5 record set on Monday.   One disappointing note perhaps was the IPO of Made.com  which lost about 5% on its London debut, another company to fall on its first day of trading in a volatile year for stock market listings.   That list comprises Deliveroo and Alphawave but also France's Believe.    Overall the market price action was fairly limited, which is understandable before a Fed meeting.    \"Markets have been in deep freeze the last few days waiting for tonight’s decision\", wrote Chris Beauchamp at IG.    \"Those hoping for a mis-step from the chairman will probably be disappointed – he knows where the questions will focus and will be determined not to be caught on the hop\", he added.   (Julien Ponthus)    *****   TEMPERING THE TASTE FOR TECH (1129 EDT/1529 GMT)   LPL Financial Research is out with a note this week in which they say it's time to temper tech.   “It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” explained LPL Equity Strategist Jeffrey Buchbinder. “But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”   Indeed, LPL downgraded technology to neutral primarily for the following reasons:   First off, the reopening. LPL expects the market’s shift toward reopening beneficiaries vs work-from-home stocks to continue.    Secondly, valuations. According to LPL, the P/E for the tech sector based on estimated earnings over the next 12 months, as well as its relative valuation vs the S&P 500   , are both elevated.    Additionally, comparing value to growth based on the Russell 1000 style indexes reveals an \"even bigger gap—the Growth Index is trading at a more than 60% premium to the Value Index, the most in 20 years.\" LPL adds that interest rates, which they expect to rise for the rest of 2021, might take a bite out of richly valued growth stocks.   Finally, LPL says that although the sector is near its all-time high, its relative performance versus the S&P 500 Index peaked last September and has been drifting sideways to lower since then, pointing them to a neutral sector view.   LPL emphasizes that their downgrade doesn’t in any way mean they plan to abandon tech completely, saying that \"we believe the sector likely moves higher in the second half of the year, along with the broad market, but we just see better opportunities for outperformance in cyclical value stocks.\"   (Terence Gabriel)   *****   COOKING WITH GAS: HOT INFLATION AFFECTS IMPORTS, HOUSING STARTS (1045 EDT/1445 GMT)   Data released on Wednesday provided plenty of fodder for those who are fretting over rising prices and looking to the U.S. Federal Reserve, which concludes its two-day monetary policy meeting this afternoon, for any change in nuance regarding its assertion that the current wave is temporary.   The cost of goods imported to the United States    increased by 1.1% in May according to the Labor Department, hotter than the 0.8% consensus and an acceleration from the previous month.     The increase was largely driven by gasoline and industrial supplies, further evidence that supply chain bottlenecks in the face of a demand boom are sending prices skyward.   Year-over-year, import prices heated up to a scalding 11.3%, the highest in nearly a decade and soaring well beyond other major indicators, which are all running at or above the Fed's average annual 2% inflation target.   But Mahir Rasheed, U.S. economist at Oxford Economics (OE), agrees with the Fed's assurances.   \"As supply-side constraints gradually dissipate and the influence of base effects gradually fades in the coming months, we expect the pace of import price inflation to moderate in the second half of the year,\" Rasheed writes.   Here's how those indicators stack up against the central bank's favorite inflation yardstick, core PCE:   A report from the Commerce Department showed groundbreaking on new American homes    increased by 3.6% last month to 1.572 million units at a seasonally adjusted annualized rate (SAAR). This was cold comfort considering it, was a smaller-than-expected partial rebound from April's stark 12.1% plunge.     A suburban homebuying frenzy unleashed by social distancing restrictions has sent inventories to record lows, supporting the homebuilding sector. But that same supply crunch has touched building materials, launching lumber prices to the moon and hampering new construction.   Building permits   , one of the more forward-looking housing indicators, dropped by 3% to 1.682 million units SAAR, steeper than expected and an acceleration from the 1.3% drop the month prior.    It's worth pointing out, however, that building permits remain well above pre-COVID levels.   \"We think construction has some way further to fall, though the shortage of inventory means that activity will remain higher than implied by the mortgage applications data for some time yet,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics.   Speaking of which, dropping interest rates goosed demand for home loans by 4.2% last week, according to the Mortgage Bankers Association (MBA).   A 4-basis-point drop in the average 30-year fixed contract rate    - to 3.11% from 3.15% - helped boost applications for refi    and purchase loans  by 6% and 2%, respectively.   The increase was also likely attributable, in part, to a rebound from the Memorial Day holiday effect.   \"Strong demand and the recent decline in mortgage rates, which are down more than 25 basis points since early April, should support some homebuying activity,\" says Nancy Vanden Houten, lead economist at Oxford Economics. \"But limited supply and sharply higher home prices still present considerable headwinds.\"   U.S. stock indexes are mixed ahead of the FOMC statement expected at 2pm EDT at the conclusion of its two-day monetary policy meeting.   (Stephen Culp)   *****   MEME STOCKS LOSING STEAM, QUAD WITCHING COULD MAKE IT WORSE (0930 EDT/1330 GMT)   A basket tracking some of the most popular meme stocks is down by 17% over the past week, analysts at Vanda Research said.   Indeed, such stocks as AMC Entertainment Holdings Inc , GameStop Corp   , Clover Health Investments Corp  and Workhorse Group    are all under pressure in the early throes of Wednesday's regular session after a wild ride over the past few weeks.     The current meme stock bubble has been running for three weeks now, just about the same time as the last bubble in January. With retail flows surpassing the peak of Q1 and given the amount of risk embedded in these investments, retail investors will rush to the exit unless there's an immediate rally, Vanda Researchers said.   This week's quadruple witching event could make things even more complicated for meme stocks. In the last couple of days open interest on call options on meme stocks has been declining as traders take profits before the expiry. In response, market makers are unwinding their long-stock hedges, creating a negative feedback loop, analysts added.   Quadruple witching refers to the simultaneous expiration of single-stock options, index options, single-stock futures and index futures, which happens on the third Friday in March, June, September and December.   \"All manias run out of energy at some point and this is no different,\" said Art Hogan, chief market strategist at National Securities in New York.   \"It hasn't completely disappeared but overall volumes are starting to peter out and that's just the natural course of events.\"      (Medha Singh)   *****   NASDAQ VS COMMODITIES: TIME FOR TECH TO STEP UP? (0900 EDT/1300 GMT)   The tech-laden Nasdaq Composite    relative to the Refinitiv/CoreCommodity CRB index    appears to once again be at an important juncture on the charts.     The Nasdaq/CRB ratio, on a weekly basis, hit a record high of 80.54 in early November of last year. Since then, however, the Nasdaq has underperformed \"stuff.\" In fact, the ratio hit a 14-month low in early June:   Now nearly 67, the ratio is flirting with what appears to be significant support in the form of a log-scale trend line from its 2011 trough, now around 65.65, as well as the 100-week moving average $(WMA.AU)$, now around 64.40.   The ratio did suffer a one-week closing violation of the support line in late 2018. However, with the market's December bottom that year, it quickly reversed to the upside without breaking the 100-WMA. The trendline then contained weakness in  2019, and early 2020.   Of note, the ratio has been on a record run vs its 100-WMA. In fact, it is on pace for its 499th straight weekly close above this long-term moving average. This current run above the 100-WMA dwarfs the ratio's 155-week streak that lasted into the Y2K tech bubble top.   Thus, in the face of this week's event risks in the form of today's FOMC results  , and Friday's quadruple witching  , it may now be time for tech to once again step up, in order to underpin a renewed Nasdaq advance relative to commodities.      A ratio weekly close below support can add credence to the view that a sea change in trend is underway. A deeper decline to threaten the March 2000 high, at 28.9, could see the ratio lose more than half its value from current levels.   (Terence Gabriel)   *****   FOR WEDNESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:      <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ IXICTRCCRB06162021     Inflation     Housing starts and building permits     MBA     closer06162021       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161307012,"gmtCreate":1623903576536,"gmtModify":1703823120933,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Buy both!","listText":"Buy both!","text":"Buy both!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161307012","repostId":"2143979567","repostType":4,"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161308507,"gmtCreate":1623903427709,"gmtModify":1703823114458,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Chips is needed in almost anything we own.","listText":"Chips is needed in almost anything we own.","text":"Chips is needed in almost anything we own.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/161308507","repostId":"1185234443","repostType":4,"repost":{"id":"1185234443","pubTimestamp":1623901625,"share":"https://ttm.financial/m/news/1185234443?lang=&edition=fundamental","pubTime":"2021-06-17 11:47","market":"us","language":"en","title":"Intel CEO sees ’10 good years’ of chip industry growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1185234443","media":"CNBC","summary":"KEY POINTS\n\nIntel CEO Pat Gelsinger said that he expects 10 “good years” of growth in the semiconduc","content":"<div>\n<p>KEY POINTS\n\nIntel CEO Pat Gelsinger said that he expects 10 “good years” of growth in the semiconductor industry during a panel at CNBC’s Evolve conference on Wednesday.\nThe remark suggests that Intel...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/intel-ceo-sees-10-good-years-of-chip-industry-growth.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel CEO sees ’10 good years’ of chip industry growth</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\">\nIntel CEO sees ’10 good years’ of chip industry growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 11:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/intel-ceo-sees-10-good-years-of-chip-industry-growth.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIntel CEO Pat Gelsinger said that he expects 10 “good years” of growth in the semiconductor industry during a panel at CNBC’s Evolve conference on Wednesday.\nThe remark suggests that Intel...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/intel-ceo-sees-10-good-years-of-chip-industry-growth.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","NVDA":"英伟达","QCOM":"高通"},"source_url":"https://www.cnbc.com/2021/06/16/intel-ceo-sees-10-good-years-of-chip-industry-growth.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1185234443","content_text":"KEY POINTS\n\nIntel CEO Pat Gelsinger said that he expects 10 “good years” of growth in the semiconductor industry during a panel at CNBC’s Evolve conference on Wednesday.\nThe remark suggests that Intel’s investments in chip production, such as plans to spend $20 billion to build a chip fabrication plant in Arizona, will create capacity that will be used even after the current global microchip shortage abates.\nQualcomm CEO Cristiano Amon said he sees an opportunity to partner with Intel and its foundry service.\n\nPat Gelsinger, CEO of Intel, speaks in Santa Monica, Calif., on March 9, 2017, in a photo taken when he was CEO of VMware.\nIntel CEO Pat Gelsinger said that he expects 10 “good years” of growth in the semiconductor industry during a panel at CNBC’s Evolve conference on Wednesday.\n“We believe the market, the world, is in a very expansionary period,” Gelsinger told CNBC’s Jon Fortt. “I predict there’s 10 good years in front of us, because the world is becoming more digital, and everything digital needs semiconductors.”\nThe remark suggests that Intel’s investments in chip production, such as plans to spend $20 billion to build a chip fabrication plant in Arizona, will create capacity that will be used even after the current global microchip shortage abates. Intel also recently announced plans to become a “foundry,” or a company that manufactures microchips for other companies.\nGelsinger said Intel planned to announce an additional “mega fab” in the U.S. or Europe before the end of the year.\nGelsinger was appearing at a CNBC panel alongside Qualcomm CEO Cristiano Amon. Both started leading their companies earlier this year.\nWhile the companies are rivals, the CEOs downplayed the competition, and suggested the two chipmakers could end up partnering in areas where they don’t overlap. Qualcomm makes (among other things) chips that connect to 5G networks, while Intel mainly builds central processing units (CPUs) that provide base computing power.\n“You know, we are the unquestioned compute leader, and Qualcomm’s the unquestioned comms leader. Compute meets comms. Right, a lot of new use cases,” Gelsinger said.\nAmon said that he believed that Intel’s foundry plan could be an advantage for Qualcomm, which uses outside foundries to make its chips.\n“There’s a lot of opportunities for the companies to cooperate. Look, we look at Intel and Qualcomm at true technology companies in the United States, we do a lot of advanced and fundamental research to push the industry forward,” Amon said.\nThe two companies do share some strategic concerns. They are both likely to be boosted by a package included in a technology bill currently in the U.S. House of Representatives that would provide $52 billion to fund semiconductor research, design and manufacturing.\n“We’re also very happy about building a much more resilient supply chain, with the on-shoring of semiconductor manufacturing, I think that’s also very important,” Amon said. “You need investment at this order of magnitude for that to happen.”\nBoth companies are also closely watching rival Nvidia’s purchase of Arm from SoftBank for $40 billion. Arm technology is especially important for Qualcomm, because it is essential for designing the kind of low-power microprocessors smartphones use.\nThe deal is also making chip companies nervous that they would need to license essential intellectual property from a competitor, and is facing regulatory challenges in Europe. Currently, Arm doesn’t make any full chips — it just designs underlying technology. On Monday, an Arm spokesperson told CNBC that the company is “extremely confident” that the deal will be approved.\nOver the weekend,Amon told a U.K. newspaper that if the transaction was blocked or Arm otherwise stayed independent, Qualcomm would be interested in investing in Arm.\nWhen asked about Amon’s comment, Gelsinger said: “We are on record saying we’re concerned about the Nvidia-Arm acquisition. And if there were other approaches possible, we’d definitely be interested in understanding them.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161975110,"gmtCreate":1623903138930,"gmtModify":1703823104112,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Cool!","listText":"Cool!","text":"Cool!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161975110","repostId":"2143179480","repostType":4,"repost":{"id":"2143179480","pubTimestamp":1623850654,"share":"https://ttm.financial/m/news/2143179480?lang=&edition=fundamental","pubTime":"2021-06-16 21:37","market":"us","language":"en","title":"3 historic precedents show tech stocks will go higher","url":"https://stock-news.laohu8.com/highlight/detail?id=2143179480","media":"Yahoo Finance","summary":"After a strong year in technology (Nasdaq Composite up +43.6% in 2020), it is perfectly normal to se","content":"<p>After a strong year in technology (Nasdaq Composite up +43.6% in 2020), it is perfectly normal to see the market consolidate and correct those large gains. Coming out of these corrections, it is common to see another leg higher in the market, and there are three historical precedents that demonstrate that.</p> \n<p>You might be thinking “What correction? The S&amp;P 500 closed at an all-time high last week.” Please keep in mind I’m referring to growth stocks, which have clearly been in a correction since early February of this year.</p> \n<p>The first example is 1995. That year, the Nasdaq Composite was up +40% and the rally continued into May 1996. After correcting close to 20%, the next move higher began in September 1996, and ultimately accelerated into the great bull market of the late 1990s.</p> \n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f3528ebd806cab170d5527a8c6944ab\" tg-width=\"705\" tg-height=\"483\" referrerpolicy=\"no-referrer\"><span>Chart is provided by MarketSmith</span></p> \n<p>In 2003, the Nasdaq Composite gained +50% and eventually peaked in January 2004. After consolidating for seven months, the next leg up began in September 2004. According toMike Cintolo, Chief Analyst at Cabot Growth Investor, “The upmove after that didn’t get far into new high ground, but it was an excellent stretch. That’s when Apple (AAPL) and Google (GOOG,GOOGL) really began their mega-runs.”</p> \n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/82392c6ea25ffbff91d45712b387f1fa\" tg-width=\"705\" tg-height=\"492\" referrerpolicy=\"no-referrer\"><span>Chart is provided by MarketSmith</span></p> \n<p>Finally, in 2009, the Nasdaq Composite rose +44% and continued into April 2010. After a four-month correction, the index resumed its advance in September 2010, and then gained over +30% into early 2011. More importantly, for growth stock traders, many stocks such as Lululemon (LULU) and Chipotle Mexican Grill (CMG) saw triple-digit gains during that run.</p> \n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67fbdf1aff349383d3e422173fa53dff\" tg-width=\"705\" tg-height=\"483\" referrerpolicy=\"no-referrer\"><span>Chart is provided by MarketSmith</span></p> \n<p>These three historical precedents provide a decent blueprint for today’s Nasdaq Composite. Last year’s gain carried into this year before peaking in February. Since then, the index has corrected for approximately four months, and is now looking to make another move higher. We still have to get through a few events in June such as the Fed meeting this week, the annual Russell 2000 rebalancing on June 25, and normal end of the quarter portfolio adjustments. There could be some volatility around these events, but eventually, it looks like technology is ready for the next leg higher. It could begin in early July as the market starts to anticipate the next round of earnings reports.</p> \n<p>Regarding the upcoming Fed meeting, it seems like market participants have had the same fears before every recent meeting. They are worried the Fed will hint at “tapering” or slowing down their monthly bond purchases, and eventually map out a course for raising interest rates. Fed Chair Powell has made it perfectly clear that he will take his time with this process, and I don’t see anything being done until early 2022. Many people might disagree with the Fed’s actions because several economic measures are back to pre-pandemic levels; however, the Fed would rather be late in normalizing rates than early. Don’t argue with it — take advantage of this equity friendly environment.</p> \n<p>If there’s an unforeseen event that causes the market to stall over the next few months, it’s possible the next leg higher could be delayed until the fourth quarter. Either way, I wouldn’t see any sustained downside because there’s so much liquidity in the markets, and sentiment gets very negative very quickly on any minor decline. For example, during the Nasdaq Composite’s -5% drop in early May, equity put buying spiked to levels not seen since late October, right before the last presidential election. From a contrarian point of view, this constant one-foot-out-the-door mentality helps to keep a floor to the market when overall fear rises.</p> \n<p>Whether the next move higher starts in July or later this year, these three historical precedents show that we are likely to come out of the recent correction in technology with a new, sustained uptrend. Potential growth sectors to focus on are Semiconductors, Medical Products, and Software.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 historic precedents show tech stocks will go higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 historic precedents show tech stocks will go higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/3-historic-precedents-show-tech-stocks-will-go-higher-133034044.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a strong year in technology (Nasdaq Composite up +43.6% in 2020), it is perfectly normal to see the market consolidate and correct those large gains. Coming out of these corrections, it is ...</p>\n\n<a href=\"https://finance.yahoo.com/news/3-historic-precedents-show-tech-stocks-will-go-higher-133034044.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY.AU":"SPDR® S&P 500® ETF Trust","GOOG":"谷歌","AAPL":"苹果","GOOGL":"谷歌A",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/3-historic-precedents-show-tech-stocks-will-go-higher-133034044.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143179480","content_text":"After a strong year in technology (Nasdaq Composite up +43.6% in 2020), it is perfectly normal to see the market consolidate and correct those large gains. Coming out of these corrections, it is common to see another leg higher in the market, and there are three historical precedents that demonstrate that.\nYou might be thinking “What correction? The S&P 500 closed at an all-time high last week.” Please keep in mind I’m referring to growth stocks, which have clearly been in a correction since early February of this year.\nThe first example is 1995. That year, the Nasdaq Composite was up +40% and the rally continued into May 1996. After correcting close to 20%, the next move higher began in September 1996, and ultimately accelerated into the great bull market of the late 1990s.\nChart is provided by MarketSmith\nIn 2003, the Nasdaq Composite gained +50% and eventually peaked in January 2004. After consolidating for seven months, the next leg up began in September 2004. According toMike Cintolo, Chief Analyst at Cabot Growth Investor, “The upmove after that didn’t get far into new high ground, but it was an excellent stretch. That’s when Apple (AAPL) and Google (GOOG,GOOGL) really began their mega-runs.”\nChart is provided by MarketSmith\nFinally, in 2009, the Nasdaq Composite rose +44% and continued into April 2010. After a four-month correction, the index resumed its advance in September 2010, and then gained over +30% into early 2011. More importantly, for growth stock traders, many stocks such as Lululemon (LULU) and Chipotle Mexican Grill (CMG) saw triple-digit gains during that run.\nChart is provided by MarketSmith\nThese three historical precedents provide a decent blueprint for today’s Nasdaq Composite. Last year’s gain carried into this year before peaking in February. Since then, the index has corrected for approximately four months, and is now looking to make another move higher. We still have to get through a few events in June such as the Fed meeting this week, the annual Russell 2000 rebalancing on June 25, and normal end of the quarter portfolio adjustments. There could be some volatility around these events, but eventually, it looks like technology is ready for the next leg higher. It could begin in early July as the market starts to anticipate the next round of earnings reports.\nRegarding the upcoming Fed meeting, it seems like market participants have had the same fears before every recent meeting. They are worried the Fed will hint at “tapering” or slowing down their monthly bond purchases, and eventually map out a course for raising interest rates. Fed Chair Powell has made it perfectly clear that he will take his time with this process, and I don’t see anything being done until early 2022. Many people might disagree with the Fed’s actions because several economic measures are back to pre-pandemic levels; however, the Fed would rather be late in normalizing rates than early. Don’t argue with it — take advantage of this equity friendly environment.\nIf there’s an unforeseen event that causes the market to stall over the next few months, it’s possible the next leg higher could be delayed until the fourth quarter. Either way, I wouldn’t see any sustained downside because there’s so much liquidity in the markets, and sentiment gets very negative very quickly on any minor decline. For example, during the Nasdaq Composite’s -5% drop in early May, equity put buying spiked to levels not seen since late October, right before the last presidential election. From a contrarian point of view, this constant one-foot-out-the-door mentality helps to keep a floor to the market when overall fear rises.\nWhether the next move higher starts in July or later this year, these three historical precedents show that we are likely to come out of the recent correction in technology with a new, sustained uptrend. Potential growth sectors to focus on are Semiconductors, Medical Products, and Software.","news_type":1},"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161972224,"gmtCreate":1623903110768,"gmtModify":1703823102493,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Children need to play.","listText":"Children need to play.","text":"Children need to play.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161972224","repostId":"2143497767","repostType":4,"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161976105,"gmtCreate":1623903054107,"gmtModify":1703823100712,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"So is fine.","listText":"So is fine.","text":"So is fine.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161976105","repostId":"1170150919","repostType":4,"repost":{"id":"1170150919","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623866564,"share":"https://ttm.financial/m/news/1170150919?lang=&edition=fundamental","pubTime":"2021-06-17 02:02","market":"hk","language":"en","title":"Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.","url":"https://stock-news.laohu8.com/highlight/detail?id=1170150919","media":"Tiger Newspress","summary":"U.S. stocks dropped to their session lows on Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next.The Dow Jones Industrial Average fell 320 points. The S&P 500 traded 0.7% lower after hitting an all-time high in the previous session. The tech-heavy Nasdaq Composite erased earlier gains and traded 0.5% lower.Nine out of 11 S&P 500 sectors traded in the red, led to the downside by communication services and finan","content":"<p>Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.</p>\n<p>U.S. stocks dropped to their session lows on Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next.</p>\n<p>The Dow Jones Industrial Average fell 320 points. The S&amp;P 500 traded 0.7% lower after hitting an all-time high in the previous session. The tech-heavy Nasdaq Composite erased earlier gains and traded 0.5% lower.</p>\n<p>Nine out of 11 S&amp;P 500 sectors traded in the red, led to the downside by communication services and financials.</p>\n<p>Economic reopening plays provided the broader market with some support. Major airline stocks American Airlines, United and Delta all traded higher. Royal Caribbean and Carnival both climbed 2% afteran upgrade from Wolfe Research.</p>\n<p>The policymaking Federal Open Market Committee indicated that rate hikes could come as soon as 2023, after indicating in March that it saw no increases until at least 2024.</p>\n<p>The Fed also raised its headline inflation expectation to 3.4%, a full percentage point higher than the March projection, the post-meeting statement continued to say that inflation pressures are \"transitory.\"</p>\n<p>Chairman Jerome Powell will hold a press conference at 2:30 p.m. ET.</p>\n<p>The meeting came as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.</p>\n<p>The central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.</p>\n<p>\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"</p>\n<p>Treasury Secretary Janet Yellen, who is testifying before the Senate Finance Committee Wednesday, said higher price pressures shouldn't last over the long run.</p>\n<p>\"I previously said that I see important transitory influences at work and I don't anticipate that it will be permanent,\" Yellen said. \"But we continue to monitor inflation data very carefully, and importantly for the long run inflation outlook we see inflation expectations by most measures … as being well-anchored.\"</p>\n<p>On Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.</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\">\nFed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-17 02:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.</p>\n<p>U.S. stocks dropped to their session lows on Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next.</p>\n<p>The Dow Jones Industrial Average fell 320 points. The S&amp;P 500 traded 0.7% lower after hitting an all-time high in the previous session. The tech-heavy Nasdaq Composite erased earlier gains and traded 0.5% lower.</p>\n<p>Nine out of 11 S&amp;P 500 sectors traded in the red, led to the downside by communication services and financials.</p>\n<p>Economic reopening plays provided the broader market with some support. Major airline stocks American Airlines, United and Delta all traded higher. Royal Caribbean and Carnival both climbed 2% afteran upgrade from Wolfe Research.</p>\n<p>The policymaking Federal Open Market Committee indicated that rate hikes could come as soon as 2023, after indicating in March that it saw no increases until at least 2024.</p>\n<p>The Fed also raised its headline inflation expectation to 3.4%, a full percentage point higher than the March projection, the post-meeting statement continued to say that inflation pressures are \"transitory.\"</p>\n<p>Chairman Jerome Powell will hold a press conference at 2:30 p.m. ET.</p>\n<p>The meeting came as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.</p>\n<p>The central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.</p>\n<p>\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"</p>\n<p>Treasury Secretary Janet Yellen, who is testifying before the Senate Finance Committee Wednesday, said higher price pressures shouldn't last over the long run.</p>\n<p>\"I previously said that I see important transitory influences at work and I don't anticipate that it will be permanent,\" Yellen said. \"But we continue to monitor inflation data very carefully, and importantly for the long run inflation outlook we see inflation expectations by most measures … as being well-anchored.\"</p>\n<p>On Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170150919","content_text":"Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.\nU.S. stocks dropped to their session lows on Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next.\nThe Dow Jones Industrial Average fell 320 points. The S&P 500 traded 0.7% lower after hitting an all-time high in the previous session. The tech-heavy Nasdaq Composite erased earlier gains and traded 0.5% lower.\nNine out of 11 S&P 500 sectors traded in the red, led to the downside by communication services and financials.\nEconomic reopening plays provided the broader market with some support. Major airline stocks American Airlines, United and Delta all traded higher. Royal Caribbean and Carnival both climbed 2% afteran upgrade from Wolfe Research.\nThe policymaking Federal Open Market Committee indicated that rate hikes could come as soon as 2023, after indicating in March that it saw no increases until at least 2024.\nThe Fed also raised its headline inflation expectation to 3.4%, a full percentage point higher than the March projection, the post-meeting statement continued to say that inflation pressures are \"transitory.\"\nChairman Jerome Powell will hold a press conference at 2:30 p.m. ET.\nThe meeting came as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.\nThe central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.\n\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"\nTreasury Secretary Janet Yellen, who is testifying before the Senate Finance Committee Wednesday, said higher price pressures shouldn't last over the long run.\n\"I previously said that I see important transitory influences at work and I don't anticipate that it will be permanent,\" Yellen said. \"But we continue to monitor inflation data very carefully, and importantly for the long run inflation outlook we see inflation expectations by most measures … as being well-anchored.\"\nOn Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169688510,"gmtCreate":1623832888630,"gmtModify":1703820819780,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Oh no.","listText":"Oh no.","text":"Oh no.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169688510","repostId":"1138070155","repostType":4,"repost":{"id":"1138070155","pubTimestamp":1623826083,"share":"https://ttm.financial/m/news/1138070155?lang=&edition=fundamental","pubTime":"2021-06-16 14:48","market":"hk","language":"en","title":"U.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal","url":"https://stock-news.laohu8.com/highlight/detail?id=1138070155","media":"Bloomberg","summary":"U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost tw","content":"<p>U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost two years, an increase that will add to speculation about when monetary policy could be tightened.Consumer prices rose 2.1% from a year earlier, the highest since July 2019, the Office for National Statistics said Wednesday. Economists had expected an increase of 1.8%. Core inflation jumped to 2%, most since August 2018.The pickup reflected higher prices for fuel, restaurant meals, clothing and recreational goods as the economy took a further step out of lockdown. The central bank expects inflation to breach its 2% target temporarially this year. However, economists are increasingly concerned higher prices could prove more persistent given the rapid pace of recovery from the coronavirus recession.</p>\n<p>“Inflation has risen sharply in recent months and will rise further as the impact of higher commodities prices feed through the supply chain,” said Jack Leslie, senior economist at the Resolution Foundation. “But U.K. inflationary pressures are different -- and nowhere as near as large -- as those causing fierce debate in the U.S.”</p>\n<p>The pound was little changed against the dollar and the euro after the report.</p>\n<p>Separate figures showed that pipeline price pressures continued to build in May. Producer input prices reflecting the cost to industry for fuel and raw materials rose by 10.7% over the past year, their biggest increase in a decade. That’s pushing up the price of goods leaving factory gates at the fastest pace since 2012.</p>\n<p>The ONS said the cost of transport equipment along with metals and non-metallic minerals provided the largest upward contributions to producer price inflation.</p>\n<p>“There is a greater level of uncertainty about prices at present, with a possibility that inflation will turn out to be higher if staff shortages persist, triggering stronger wage rises, while cost increases continue to be passed on to consumers,” Yael Selfin, Chief Economist at KPMG UK.</p>\n<p>BOE Chief Economist Andy Haldane, who departs his post at the end of this month, said last week that pay and costs are already rising and high street inflation “can’t be far behind.”</p>\n<p>His colleague Gertjan Vlieghe says policy makers could raise the benchmark rate as early as next year if the labor market recovers smoothly when government job subsidies come to an end in September.</p>\n<p>Market-based inflation expectations remain close to their highest since 2008. The so-called 10-year breakeven rate -- a gauge derived from the difference between conventional gilt yields and those linked to retail-price inflation -- has risen more than 50 basis points this year.</p>\n<p>Many economies have seen prices accelerate over recent months, though policy makers continue to play down the risk of a sustained inflation outbreak. In the U.S., headline consumer inflation jumped to 5% in May, the highest in more than a decade. Euro-area inflation is running at 2%, just above the European Central Bank goal.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 14:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/u-k-inflation-unexpectedly-surges-060519932.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost two years, an increase that will add to speculation about when monetary policy could be tightened....</p>\n\n<a href=\"https://finance.yahoo.com/news/u-k-inflation-unexpectedly-surges-060519932.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/u-k-inflation-unexpectedly-surges-060519932.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138070155","content_text":"U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost two years, an increase that will add to speculation about when monetary policy could be tightened.Consumer prices rose 2.1% from a year earlier, the highest since July 2019, the Office for National Statistics said Wednesday. Economists had expected an increase of 1.8%. Core inflation jumped to 2%, most since August 2018.The pickup reflected higher prices for fuel, restaurant meals, clothing and recreational goods as the economy took a further step out of lockdown. The central bank expects inflation to breach its 2% target temporarially this year. However, economists are increasingly concerned higher prices could prove more persistent given the rapid pace of recovery from the coronavirus recession.\n“Inflation has risen sharply in recent months and will rise further as the impact of higher commodities prices feed through the supply chain,” said Jack Leslie, senior economist at the Resolution Foundation. “But U.K. inflationary pressures are different -- and nowhere as near as large -- as those causing fierce debate in the U.S.”\nThe pound was little changed against the dollar and the euro after the report.\nSeparate figures showed that pipeline price pressures continued to build in May. Producer input prices reflecting the cost to industry for fuel and raw materials rose by 10.7% over the past year, their biggest increase in a decade. That’s pushing up the price of goods leaving factory gates at the fastest pace since 2012.\nThe ONS said the cost of transport equipment along with metals and non-metallic minerals provided the largest upward contributions to producer price inflation.\n“There is a greater level of uncertainty about prices at present, with a possibility that inflation will turn out to be higher if staff shortages persist, triggering stronger wage rises, while cost increases continue to be passed on to consumers,” Yael Selfin, Chief Economist at KPMG UK.\nBOE Chief Economist Andy Haldane, who departs his post at the end of this month, said last week that pay and costs are already rising and high street inflation “can’t be far behind.”\nHis colleague Gertjan Vlieghe says policy makers could raise the benchmark rate as early as next year if the labor market recovers smoothly when government job subsidies come to an end in September.\nMarket-based inflation expectations remain close to their highest since 2008. The so-called 10-year breakeven rate -- a gauge derived from the difference between conventional gilt yields and those linked to retail-price inflation -- has risen more than 50 basis points this year.\nMany economies have seen prices accelerate over recent months, though policy makers continue to play down the risk of a sustained inflation outbreak. In the U.S., headline consumer inflation jumped to 5% in May, the highest in more than a decade. Euro-area inflation is running at 2%, just above the European Central Bank goal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169617430,"gmtCreate":1623832684820,"gmtModify":1703820812371,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"OMG.... who will be taking care of me when i am old?","listText":"OMG.... who will be taking care of me when i am old?","text":"OMG.... who will be taking care of me when i am old?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169617430","repostId":"2143897767","repostType":4,"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169615409,"gmtCreate":1623832598801,"gmtModify":1703820809573,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Trust the Sg Minister forsight.","listText":"Trust the Sg Minister forsight.","text":"Trust the Sg Minister forsight.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169615409","repostId":"1145814445","repostType":4,"repost":{"id":"1145814445","pubTimestamp":1623828949,"share":"https://ttm.financial/m/news/1145814445?lang=&edition=fundamental","pubTime":"2021-06-16 15:35","market":"us","language":"en","title":"Air travel in Asia won’t return to pre-Covid levels ‘anytime soon,’ says Singapore minister","url":"https://stock-news.laohu8.com/highlight/detail?id=1145814445","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s Finance Minister Lawrence Wong said “open and free” air travel within Asia r","content":"<div>\n<p>KEY POINTS\n\nSingapore’s Finance Minister Lawrence Wong said “open and free” air travel within Asia remains unlikely in the near term as parts of the region battle with an increase in Covid-19 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/singapore-finance-minister-lawrence-wong-on-air-travel-covid-outbreak.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Air travel in Asia won’t return to pre-Covid levels ‘anytime soon,’ says Singapore minister</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\">\nAir travel in Asia won’t return to pre-Covid levels ‘anytime soon,’ says Singapore minister\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 15:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/singapore-finance-minister-lawrence-wong-on-air-travel-covid-outbreak.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s Finance Minister Lawrence Wong said “open and free” air travel within Asia remains unlikely in the near term as parts of the region battle with an increase in Covid-19 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/singapore-finance-minister-lawrence-wong-on-air-travel-covid-outbreak.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空","C6L.SI":"新加坡航空公司"},"source_url":"https://www.cnbc.com/2021/06/16/singapore-finance-minister-lawrence-wong-on-air-travel-covid-outbreak.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1145814445","content_text":"KEY POINTS\n\nSingapore’s Finance Minister Lawrence Wong said “open and free” air travel within Asia remains unlikely in the near term as parts of the region battle with an increase in Covid-19 infections.\nInternational travel came to sudden halt in the past year due to the pandemic, and that’s hurt Singapore’s aviation and tourism sectors — two major contributors to economic growth.\nSingapore experienced a renewed rise in Covid cases last month, but tighter restrictions have been working and that allows the country to gradually open up again, said Wong.\n\nSINGAPORE — Singapore’s Finance Minister Lawrence Wong said “open and free” air travel in Asia remains unlikely in the near term as parts of the region battle with an increase in Covid-19 infections.\n“I am somewhat less sanguine about the prospects for air travel,” Wong told Martin Soong as part of the virtual CNBC Evolve Global Summit.\n“The region is still facing rolling waves of infection, and vaccination rates for many countries in the region are still not high enough. So I don’t think we will be able to see open and free travel in the region, in particular, any time soon,” said the minister who also co-chairs Singapore’s coronavirus task force.\nSingapore is a Southeast Asian city-state with no domestic air travel market. International travel came to a sudden halt in the past year due to the pandemic, and that’s hurt Singapore’s aviation and tourism sectors — two major contributors to economic growth.\nWong said the Singapore government continues to talk with its counterparts in the region about setting up “safe travel lanes.” He didn’t name the places Singapore is in talks.\n“Perhaps amongst the countries with low and stable infections, we may have some travel arrangements. Perhaps for vaccinated travelers, there may be some benefits in terms of shorter quarantine times,” said the minister.\n“But for the most part ... all of that is not going to add up to what we used to have pre-Covid. So air travel, I’m afraid, will take some time to recover,” Wong added.\n\nSingapore has an air travel bubble agreement with Hong Kong that will allowtravelers to skip quarantine. But the launch of the scheme has been postponed twice — first from November and then again in May — due to renewed Covid outbreaks in either cities.\nLast week, the prime ministers of Singapore and Australia said they will work toward an air travel bubble arrangement between the two countries.\nSingapore’s Covid situation\nAsia, where the coronavirus was first detected, saw a spike in infections in recent months. Places ranging from developing nations to more developed economies including Japan and Taiwan had a resurgence in cases.\nSingapore also experienced a renewed rise in cases last month after previous successes in containing the outbreak — which led the government to tighten social-distancing measures.\nWong said those measures have been working and that allows the country to gradually ease restrictions again. But he warned that the situation could be unpredictable.\n“You know, with this virus, you can never tell what happens in the next few days, because … there will always be surprises. It’s a very tricky virus. Each time you think you have it under control, it pops up in a new direction,” said Wong.\nThe minister reiterated the government’s goal of having at least 50% of the population fully vaccinated by August.\nSingapore appears on track to meet that goal. Around 2.7 million people — or 47% of the country’s population — have received at least the first dose of Covid vaccine as of Monday, according to the latest health ministry data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169616784,"gmtCreate":1623832486548,"gmtModify":1703820806956,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"The risk is low.&nbsp;","listText":"The risk is low.&nbsp;","text":"The risk is low.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169616784","repostId":"2143530687","repostType":4,"repost":{"id":"2143530687","pubTimestamp":1623829500,"share":"https://ttm.financial/m/news/2143530687?lang=&edition=fundamental","pubTime":"2021-06-16 15:45","market":"us","language":"en","title":"How Worrisome Are Heart Issues Reported With Pfizer's and Moderna's COVID Vaccines?","url":"https://stock-news.laohu8.com/highlight/detail?id=2143530687","media":"Motley Fool","summary":"It's way too early to worry.","content":"<p>Nearly 170 million Americans have received the COVID-19 vaccine developed by <b>Pfizer</b> (NYSE:PFE) and <b>BioNTech</b> (NASDAQ:BNTX). More than 129 million Americans have received&nbsp;<b>Moderna</b>'s (NASDAQ:MRNA) vaccine. So far, the vaccines have appeared to be both highly effective and safe.</p> \n<p>However, the Centers for Disease Control and Prevention (CDC) is convening an \"emergency meeting\" of an advisory panel on June 18. The panel will discuss higher-than-expected reports of heart inflammation issues in young men following the second dose of the two messenger RNA (mRNA) COVID-19 vaccines. How worrisome are these heart issues reported with Pfizer's and Moderna's COVID-19 vaccines?</p> \n<h2>Behind the concerns</h2> \n<p>The CDC and the U.S. Food and Drug Administration (FDA) jointly run the Vaccine Adverse Event Reporting System (VAERS), which tracks reports of any side effects after individuals have received a COVID-19 vaccine. Most adverse events reported in VAERS aren't serious.</p> \n<p>However, the CDC noticed that higher numbers of myocarditis (inflammation of the middle layer of the heart wall) and pericarditis (inflammation of the pericardium tissue that surrounds the heart) were being reported for young men than would be expected based on the number of vaccines administered. These issues were especially notable after the second dose of the mRNA vaccines.</p> \n<p>As of May 31, 372 cases of myocarditis or pericarditis had been reported in VAERS after the second dose of the Pfizer-BioNTech vaccine. Another 201 cases of heart inflammation issues had been reported after the second dose of Moderna's vaccine. Nearly 80% of these reported cases occurred in men, with a median age of 24.</p> \n<p>The potential issues aren't limited to the United States. Earlier this month, Israel's Health Ministry announced that there was a \"probable link\" between heart inflammation issues observed primarily in young men and receiving the second dose of the Pfizer-BioNTech vaccine.</p> \n<h2>Reason to worry?</h2> \n<p>The CDC hasn't established any causal link between either of the mRNA vaccines and heart inflammation issues occurring in young men at this point. Moderna issued a public statement last week that confirmed it hasn't found any causal association between its vaccine and heart inflammation \"after carefully reviewing the safety data to date.\"</p> \n<p>The number of heart inflammation issues reported thus far, while higher than expected, is still really low overall. The CDC specifically stated that \"these reports are rare, given the number of vaccine doses administered.\"</p> \n<p>It's also important to note that most individuals affected by heart inflammation issues were treated successfully. Indeed, the CDC said, \"Most patients who received care responded well to medicine and rest and quickly felt better.\"</p> \n<p>Based on what is known now, there's no reason for individuals receiving the Pfizer-BioNTech or Moderna COVID-19 vaccines to worry. Finding rare side effects with a vaccine or a drug is launched occurs frequently. Usually, the actions taken include revising guidelines for evaluating the benefit-risk balance for affected groups and the follow-up monitoring for these groups.</p> \n<p>That could be what the CDC advisory panel that's scheduled to meet later this week will do after examining the available data. It's also possible that the panel will need more data before it makes any recommendations.</p> \n<h2>Minimal movement</h2> \n<p>Should investors worry about what all of this might mean for Pfizer, BioNTech, and/or Moderna? No. Most investors haven't been worried, as evidenced by the minimal movement of the drug stocks after the initial CDC advisory committee meeting last week where the heart inflammation issues were discussed.</p> \n<p>Granted, it's possible that a clear link between the mRNA vaccines and heart inflammation issues in young men could be established. Even if that happens, though, the issues are rare enough that the number of doses administered of these vaccines probably wouldn't be impacted very much.</p> \n<p>The emergence of new coronavirus strains makes it far more likely that more mRNA vaccine doses will be needed in the future. In the big scheme of things, Pfizer's and Moderna's COVID-19 vaccines are providing a lot more reasons for celebration than for concern.</p>","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>How Worrisome Are Heart Issues Reported With Pfizer's and Moderna's COVID Vaccines?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Worrisome Are Heart Issues Reported With Pfizer's and Moderna's COVID Vaccines?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 15:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/15/how-worrisome-are-heart-issues-reported-with-pfize/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nearly 170 million Americans have received the COVID-19 vaccine developed by Pfizer (NYSE:PFE) and BioNTech (NASDAQ:BNTX). More than 129 million Americans have received Moderna's (NASDAQ:MRNA) vaccine...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/15/how-worrisome-are-heart-issues-reported-with-pfize/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE","MRNA":"Moderna, Inc.","PFE":"辉瑞"},"source_url":"https://www.fool.com/investing/2021/06/15/how-worrisome-are-heart-issues-reported-with-pfize/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143530687","content_text":"Nearly 170 million Americans have received the COVID-19 vaccine developed by Pfizer (NYSE:PFE) and BioNTech (NASDAQ:BNTX). More than 129 million Americans have received Moderna's (NASDAQ:MRNA) vaccine. So far, the vaccines have appeared to be both highly effective and safe.\nHowever, the Centers for Disease Control and Prevention (CDC) is convening an \"emergency meeting\" of an advisory panel on June 18. The panel will discuss higher-than-expected reports of heart inflammation issues in young men following the second dose of the two messenger RNA (mRNA) COVID-19 vaccines. How worrisome are these heart issues reported with Pfizer's and Moderna's COVID-19 vaccines?\nBehind the concerns\nThe CDC and the U.S. Food and Drug Administration (FDA) jointly run the Vaccine Adverse Event Reporting System (VAERS), which tracks reports of any side effects after individuals have received a COVID-19 vaccine. Most adverse events reported in VAERS aren't serious.\nHowever, the CDC noticed that higher numbers of myocarditis (inflammation of the middle layer of the heart wall) and pericarditis (inflammation of the pericardium tissue that surrounds the heart) were being reported for young men than would be expected based on the number of vaccines administered. These issues were especially notable after the second dose of the mRNA vaccines.\nAs of May 31, 372 cases of myocarditis or pericarditis had been reported in VAERS after the second dose of the Pfizer-BioNTech vaccine. Another 201 cases of heart inflammation issues had been reported after the second dose of Moderna's vaccine. Nearly 80% of these reported cases occurred in men, with a median age of 24.\nThe potential issues aren't limited to the United States. Earlier this month, Israel's Health Ministry announced that there was a \"probable link\" between heart inflammation issues observed primarily in young men and receiving the second dose of the Pfizer-BioNTech vaccine.\nReason to worry?\nThe CDC hasn't established any causal link between either of the mRNA vaccines and heart inflammation issues occurring in young men at this point. Moderna issued a public statement last week that confirmed it hasn't found any causal association between its vaccine and heart inflammation \"after carefully reviewing the safety data to date.\"\nThe number of heart inflammation issues reported thus far, while higher than expected, is still really low overall. The CDC specifically stated that \"these reports are rare, given the number of vaccine doses administered.\"\nIt's also important to note that most individuals affected by heart inflammation issues were treated successfully. Indeed, the CDC said, \"Most patients who received care responded well to medicine and rest and quickly felt better.\"\nBased on what is known now, there's no reason for individuals receiving the Pfizer-BioNTech or Moderna COVID-19 vaccines to worry. Finding rare side effects with a vaccine or a drug is launched occurs frequently. Usually, the actions taken include revising guidelines for evaluating the benefit-risk balance for affected groups and the follow-up monitoring for these groups.\nThat could be what the CDC advisory panel that's scheduled to meet later this week will do after examining the available data. It's also possible that the panel will need more data before it makes any recommendations.\nMinimal movement\nShould investors worry about what all of this might mean for Pfizer, BioNTech, and/or Moderna? No. Most investors haven't been worried, as evidenced by the minimal movement of the drug stocks after the initial CDC advisory committee meeting last week where the heart inflammation issues were discussed.\nGranted, it's possible that a clear link between the mRNA vaccines and heart inflammation issues in young men could be established. Even if that happens, though, the issues are rare enough that the number of doses administered of these vaccines probably wouldn't be impacted very much.\nThe emergence of new coronavirus strains makes it far more likely that more mRNA vaccine doses will be needed in the future. In the big scheme of things, Pfizer's and Moderna's COVID-19 vaccines are providing a lot more reasons for celebration than for concern.","news_type":1},"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169637141,"gmtCreate":1623832212883,"gmtModify":1703820797392,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Will oil rig builder benefit?","listText":"Will oil rig builder benefit?","text":"Will oil rig builder benefit?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169637141","repostId":"2143605967","repostType":4,"repost":{"id":"2143605967","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623831108,"share":"https://ttm.financial/m/news/2143605967?lang=&edition=fundamental","pubTime":"2021-06-16 16:11","market":"fut","language":"en","title":"Crude prices in Asia jump on robust demand, tight supply","url":"https://stock-news.laohu8.com/highlight/detail?id=2143605967","media":"Reuters","summary":"* China ramps up crude processing as margins improve\n* Asian refiners back from maintenance\n* Strong","content":"<p>* China ramps up crude processing as margins improve</p>\n<p>* Asian refiners back from maintenance</p>\n<p>* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high</p>\n<p>* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical</p>\n<p>SINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.</p>\n<p>High prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.</p>\n<p>Several popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.</p>\n<p>The spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.</p>\n<p>Spot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.</p>\n<p>\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.</p>\n<p>Major refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.</p>\n<p>Refineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.</p>\n<p>However, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.</p>\n<p>\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.</p>\n<p>While Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.</p>\n<p>\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.</p>\n<p>Energy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.</p>\n<p>\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.</p>\n<p>\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crude prices in Asia jump on robust demand, tight supply</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\">\nCrude prices in Asia jump on robust demand, tight supply\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-16 16:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* China ramps up crude processing as margins improve</p>\n<p>* Asian refiners back from maintenance</p>\n<p>* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high</p>\n<p>* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical</p>\n<p>SINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.</p>\n<p>High prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.</p>\n<p>Several popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.</p>\n<p>The spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.</p>\n<p>Spot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.</p>\n<p>\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.</p>\n<p>Major refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.</p>\n<p>Refineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.</p>\n<p>However, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.</p>\n<p>\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.</p>\n<p>While Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.</p>\n<p>\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.</p>\n<p>Energy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.</p>\n<p>\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.</p>\n<p>\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00662":"亚洲金融"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143605967","content_text":"* China ramps up crude processing as margins improve\n* Asian refiners back from maintenance\n* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high\n* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical\nSINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.\nHigh prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.\nSeveral popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.\nThe spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.\nSpot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.\n\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.\nMajor refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.\nRefineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.\nHowever, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.\n\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.\nWhile Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.\n\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.\nEnergy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.\n\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.\n\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160423378,"gmtCreate":1623804757794,"gmtModify":1703819873035,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Aviation stock.... Buy.","listText":"Aviation stock.... Buy.","text":"Aviation stock.... Buy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160423378","repostId":"1124987614","repostType":2,"repost":{"id":"1124987614","pubTimestamp":1623743828,"share":"https://ttm.financial/m/news/1124987614?lang=&edition=fundamental","pubTime":"2021-06-15 15:57","market":"us","language":"en","title":"EU Set to Lift Travel Curbs for U.S. Residents This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1124987614","media":"Bloomberg","summary":"U.S., Saudi Arabia to be added to bloc’s travel ‘white list’\nMove comes amid warnings about spread o","content":"<ul>\n <li>U.S., Saudi Arabia to be added to bloc’s travel ‘white list’</li>\n <li>Move comes amid warnings about spread of coronavirus variants</li>\n</ul>\n<p>The European Union is set to lift travel restrictions for U.S. residents as soon as this week, in the latest step toward a return to normal despite concerns over the spread of potentially dangerous coronavirus variants.</p>\n<p>Portugal, which holds the rotating presidency of the EU, proposed adding the U.S., Albania, Hong Kong, Lebanon, Macau, the Republic of NorthernMacedonia, Saudi Arabia, Serbia, and Taiwan to a so-called “white list” of countries from which non-essential travel to the bloc is allowed, according to a diplomat familiar with the matter. Assuming no objections, EU government envoys in Brussels will approve the expanded white list on Wednesday, the diplomat said, asking not to be named, in line with policy.</p>\n<p>The move will provide a boost for major EU airlines such as&nbsp;Air France-KLM&nbsp;and&nbsp;Deutsche Lufthansa AG, which along with their American counterparts rely on the profitable trans-Atlantic corridors. Long-distance travel has been hit hard by restrictions brought on by the pandemic.</p>\n<p>While some EU member states already allow vaccinated Americans to visit, inclusion in the white list means that restrictions will be lifted across the bloc. It also means that member states are free to allow quarantine-free travel from the U.S independently of vaccination status.</p>\n<p>Despite the progress, trans-Atlantic travel won’t be fully open until the U.S. reciprocates and lifts a ban on most EU residents from entering the country.</p>\n<p><b>Free Movement</b></p>\n<p>The expansion of EU’s&nbsp;white listof external countries, which already includes Japan, comes as internal travel within the bloc is being restored for those who are vaccinated or can prove that they have recently recovered from the virus. As of July 1, holders of so-called digital Covid certificates will be&nbsp;able to move freely&nbsp;anywhere in the EU’s 27 member states 14 days after the last shot.</p>\n<p>The continued easing of pandemic-induced restrictions in the EU marks a stark contrast with Britain, where prime minister Boris Johnson decided to&nbsp;delay a full reopening&nbsp;for England due to a surge in infections with the delta variant of the coronavirus. The spike in infections, even as the U.K. has inoculated a larger share of its population than the EU, has alarmed some officials in Brussels.</p>\n<p>EU health commissioner Stella Kyriakides will tell the bloc’s health ministers in a meeting on Tuesday that they need to fully inoculate as many people as possible as quickly as possible, in the face of mounting evidence that the protective shield of vaccines is weaker against the delta variant, especially for those who haven’t received both doses. Kyriakides will urge ministers to take the threat of more contagious variants seriously, according to an official familiar with the matter.</p>\n<p>Still, the number of infections and hospitalizations in the EU keeps falling over the past nine weeks, and with the vaccine rollout accelerating, the EU’s tourism-dependent economies are eager to restore travel and normalcy, ahead of this summer’s season.</p>\n<p>EU leaders will discuss the epidemiological situation when they meet in Brussels next week, pledging a “full return to free movement as soon as the public health situation allows,” according to a draft of their joint statement seen by Bloomberg.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU Set to Lift Travel Curbs for U.S. Residents This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU Set to Lift Travel Curbs for U.S. Residents This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/eu-set-to-lift-travel-curbs-for-u-s-residents-this-week-kpxnj53y?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S., Saudi Arabia to be added to bloc’s travel ‘white list’\nMove comes amid warnings about spread of coronavirus variants\n\nThe European Union is set to lift travel restrictions for U.S. residents as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/eu-set-to-lift-travel-curbs-for-u-s-residents-this-week-kpxnj53y?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/eu-set-to-lift-travel-curbs-for-u-s-residents-this-week-kpxnj53y?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124987614","content_text":"U.S., Saudi Arabia to be added to bloc’s travel ‘white list’\nMove comes amid warnings about spread of coronavirus variants\n\nThe European Union is set to lift travel restrictions for U.S. residents as soon as this week, in the latest step toward a return to normal despite concerns over the spread of potentially dangerous coronavirus variants.\nPortugal, which holds the rotating presidency of the EU, proposed adding the U.S., Albania, Hong Kong, Lebanon, Macau, the Republic of NorthernMacedonia, Saudi Arabia, Serbia, and Taiwan to a so-called “white list” of countries from which non-essential travel to the bloc is allowed, according to a diplomat familiar with the matter. Assuming no objections, EU government envoys in Brussels will approve the expanded white list on Wednesday, the diplomat said, asking not to be named, in line with policy.\nThe move will provide a boost for major EU airlines such as Air France-KLM and Deutsche Lufthansa AG, which along with their American counterparts rely on the profitable trans-Atlantic corridors. Long-distance travel has been hit hard by restrictions brought on by the pandemic.\nWhile some EU member states already allow vaccinated Americans to visit, inclusion in the white list means that restrictions will be lifted across the bloc. It also means that member states are free to allow quarantine-free travel from the U.S independently of vaccination status.\nDespite the progress, trans-Atlantic travel won’t be fully open until the U.S. reciprocates and lifts a ban on most EU residents from entering the country.\nFree Movement\nThe expansion of EU’s white listof external countries, which already includes Japan, comes as internal travel within the bloc is being restored for those who are vaccinated or can prove that they have recently recovered from the virus. As of July 1, holders of so-called digital Covid certificates will be able to move freely anywhere in the EU’s 27 member states 14 days after the last shot.\nThe continued easing of pandemic-induced restrictions in the EU marks a stark contrast with Britain, where prime minister Boris Johnson decided to delay a full reopening for England due to a surge in infections with the delta variant of the coronavirus. The spike in infections, even as the U.K. has inoculated a larger share of its population than the EU, has alarmed some officials in Brussels.\nEU health commissioner Stella Kyriakides will tell the bloc’s health ministers in a meeting on Tuesday that they need to fully inoculate as many people as possible as quickly as possible, in the face of mounting evidence that the protective shield of vaccines is weaker against the delta variant, especially for those who haven’t received both doses. Kyriakides will urge ministers to take the threat of more contagious variants seriously, according to an official familiar with the matter.\nStill, the number of infections and hospitalizations in the EU keeps falling over the past nine weeks, and with the vaccine rollout accelerating, the EU’s tourism-dependent economies are eager to restore travel and normalcy, ahead of this summer’s season.\nEU leaders will discuss the epidemiological situation when they meet in Brussels next week, pledging a “full return to free movement as soon as the public health situation allows,” according to a draft of their joint statement seen by Bloomberg.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160489920,"gmtCreate":1623804287560,"gmtModify":1703819844592,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160489920","repostId":"2143750470","repostType":2,"repost":{"id":"2143750470","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623777902,"share":"https://ttm.financial/m/news/2143750470?lang=&edition=fundamental","pubTime":"2021-06-16 01:25","market":"us","language":"en","title":"LIVE MARKETS-EVs and SPACs","url":"https://stock-news.laohu8.com/highlight/detail?id=2143750470","media":"Reuters","summary":"* Major U.S. stock indexes decline, though Transports green   * Real estate weakest major S&P sector","content":"<html><body><p>* Major U.S. stock indexes decline, though Transports green</p><p>   * Real estate weakest major S&amp;P sector; energy leads gainers</p><p>   * Dollar ~flat; gold off, crude up; bitcoin down slightly</p><p>   * U.S. 10-Year Treasury yield ~1.50%</p><p>    June 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   EVs and SPACs (1320 EDT/1720 GMT)</p><p>   There were always going to be bumps in the road to mass adoption of electric vehicles. However, after Lordstown Motors Corp    hit a giant pothole in recent days, investors in the next generation of U.S. auto manufacturers are seeking the exit ramp.</p><p>   The electric truck maker slumped 19% on Monday after disclosing both founder and Chief Executive Steve Burns and Chief Financial Officer Julio Rodriguez were resigning. The news came days after the company warned there was \"substantial doubt\" about its ability to continue as a going concern in the next year due to problems in funding production.  </p><p>   Shares are stabilizing on Tuesday, trading marginally higher at $9.30, but the company's stock is still down nearly 70% since Feb. 11. </p><p>   Some investors may be more concerned by the fact Lordstown is now below the $10 price which special purpose acquisition companies (SPACs) sell their stock to the public. Lordstown went public last October through a merger with blank-check firm <a href=\"https://laohu8.com/S/DPHCW\">DiamondPeak Holdings Corp.</a></p><p>   SPACs have sped into the electric vehicle <a href=\"https://laohu8.com/S/EV\">$(EV)$</a> market, hoping to hitch their wagon to the next Tesla Inc   . Since the start of 2021, there have been a number of announced mergers: <a href=\"https://laohu8.com/S/AONE\">one</a> such deal, for Proterra, just completed and the bus maker started trading on the Nasdaq on Tuesday.</p><p>   So far, it's not been the debut Proterra and its SPAC backers, <a href=\"https://laohu8.com/S/ACTC\">ArcLight Clean Transition Corp</a>, would have hoped for. Shares are now down around 4%.  </p><p>   Other SPACs due to merge with EV manufacturers have also been run over by the Lordstown developments.</p><p>   <a href=\"https://laohu8.com/S/CCIV\">Churchill Capital Corp IV</a>    is down another 5% on Tuesday, taking its losses since Wednesday's close to around 13.5%. <a href=\"https://laohu8.com/S/DCRB\">Decarbonization Plus Acquisition Corp</a>    is off 1.8% on Tuesday.</p><p>   Lordstown isn't the first SPAC-backed EV manufacturer to get a puncture either. <a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a>    was initially turbo-charged, trading intraday at nearly $94 within a week of its listing, but then questions were raised about its technology, regulatory investigations began and the founder resigned.</p><p>   Nikola is down 9.8% on Tuesday at $15.50.</p><p>   EV aren't likely to be a road to nowhere: a June 3 report from Pew Research Center said 39% of Americans would consider going electric the next time they shop for a car. Meanwhile, companies including Amazon.com Inc    and Fedex Corp</p><p>  are making huge commitments to electrify their fleets.</p><p>   Like buying the real thing, investors need to be doing their research on EV manufacturers, so they aren't stuck with a lemon.</p><p>   (David French)</p><p>   *****</p><p>   U.S. DOLLAR OUTLOOK DEPENDS ON FED'S INFLATION VIEW -BOFA (1240 EDT/1640 GMT)</p><p>   BoFA Securities said in its latest research note on Tuesday that the fate of the U.S. dollar rests on the Federal Reserve, which releases its statement on monetary policy on Wednesday after its two-day meeting.</p><p>   It noted that the combination of a dovish Fed and higher inflation is negative for the dollar because of negative real rates and the risks to the Fed's inflation credibility.</p><p>   But \"if the Fed reacts to higher inflation by tightening its policies, the correlation flips and the U.S. dollar will appreciate, at least in the short term,\" BofA said.</p><p>   Once the dust settles though from the current base effects, the economy runs the risk of inflation ending well above the Fed's flexible average inflation targeting (FAIT), BofA says. That should push the Fed to normalize monetary policy, which should be a positive for the dollar.</p><p>   \"Inflation expectations remain anchored for now, but this is because the market is already pricing some policy normalization in the next two years; they will not remain anchored if the Fed does not respond to higher inflation,\" the U.S. bank said.</p><p>   The U.S. dollar index is currently little changed at 90.532</p><p> . Over the last two months, the dollar has been down nearly 1%.</p><p>   (Gertrude Chavez-Dreyfuss)</p><p>   ******</p><p>    DATA PART DEUX: PRODUCTION GAINS STEAM, HOMEBUILDING LOSES HEAT (1155 EDT/1555 GMT)</p><p>   Round two of Tuesday's data-palooza provided signs that the U.S. economy is rounding the bend back to pre-pandemic levels, but rocks remain in that last stretch to the finish line. </p><p>   Industrial output    unexpectedly gained steam in May according to the Federal Reserve, rising 0.8% versus the 0.6% consensus, although April's gain was sharply reduced to a paltry 0.1%.  </p><p>   The growth was largely attributable to a bounce-back in automobile production, which nonetheless remains hobbled by a global microchip drought.</p><p>   \"Looking ahead, hearty goods demand, rising business investment, and revitalizing external activity will keep industrial production on a solid expansionary path,\" writes Oren Klachkin, lead U.S. economist at Oxford Economics. \"Roadblocks to stronger production from supply chain and hiring challenges will start to be removed in the latter half of 2021, supporting strong activity.\"</p><p>   Capacity utilization   , a barometer of economic slack, showed better-than-expected improvement, gaining 60 basis points to 75.2%, closing in on the pre-pandemic 76.3%.</p><p>   A report from the Commerce Department showed goods held in the store rooms of U.S. businesses    shrank by 0.2% in April, more than analysts anticipated.  </p><p>   It was the first monthly decline since last July.</p><p>   But retail inventories, excluding motor vehicles, rose by 0.6%, an acceleration from March's 0.5% increase, yet another indication that car manufacturers remain constrained by the afore-mentioned chip shortage.</p><p>   Inventories were a drag on first-quarter GDP as U.S. firms began to contend with hobbled supply chains, and the April business inventories reading, notching its first drop in nine months suggests that drag could carry on through the current quarter.</p><p>   \"Labor constraints, shipping delays, and high input costs will limit inventory gains,\" Klachkin adds. \"But we look for those challenges to ease as better health conditions and reopenings bring the supply side of the economy back online.\"</p><p>   And finally our data deluge concludes with news from the erstwhile star of the economic recovery: the housing market.</p><p>   The COVID crisis caused a demand stampede, as homebuyers painted \"suburbs or bust\" on their SUVs and fled the cities in search of elbow room and home office space. </p><p>   That rush drove inventories to record lows, which in turn gave robust support to the homebuilding sector.</p><p>   But heightened demand has also collided with stricken supply chains and a dearth of building materials, launching home prices into orbit and dampening the homebuilding party.</p><p>   The National Association of Homebuilders' (NAHB) Housing Market index   , also known as homebuilder sentiment, has shed 2 points this month to a still-sunny reading of 81.</p><p>   It was the index's lowest level since August of last year.</p><p>   \"Higher costs and declining availability for softwood lumber and other building materials pushed down builder sentiment in June,\" said NAHB chairman Chuck Fowke. \"These higher costs have moved some new homes beyond the budget of prospective buyers, which has slowed the strong pace of home building.\"</p><p>   The selling mood on Wall Street remains entrenched in late morning, with all three major U.S. stock indexes well inside negative territory.</p><p>   Rising crude prices    helped promote energy shares</p><p>  to the head of the gainers' class.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   NEW YORK APARTMENT RENTS POP AS BANKS DIS REMOTE WORK (1045 EDT/1445 GMT</p><p>   Perhaps bankers in the Big Apple didn't get the memo on remote work, or are hearing a different tune than big tech on the West Coast.</p><p>   While all gateway markets are showing signs of recovery in apartment rentals, some are recovering faster than others, with a notable difference between New York and Seattle and San Francisco, according to Yardi Matrix.</p><p>   Apartment rents increased 3.4% on a month-over-month basis in New York in May, well above the other top 30 U.S. metro areas that Yardi tracks in its National Multifamily Report.</p><p>   Seattle and San Francisco rebounded, but only at 0.2% and 0.3% growth month over month, respectively, said Yardi, which researches U.S. commercial real estate.</p><p>   The difference could be due to the type of industries in the three cities and their return-to-work plans, Yardi said.</p><p>   New York banks are requiring employees to return to the office this summer, while tech workers in Seattle and San Francisco are more likely to be able to work on a hybrid or fully remote schedule, Yardi said.</p><p>   James Gorman, chief executive at <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>   , said Monday that if most employees are not back at the bank's <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> headquarters in September, he will be \"very disappointed.\"  </p><p>   <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc    said last week it was opening up remote work as an option to all levels of employees across the company, starting on Tuesday, and expects to reopen all its U.S. offices by October.  </p><p>   Alphabet Inc's Google    and Microsoft Corp   , have given employees options to choose their work location and remote work preferences. </p><p>   Multifamily rents rose 2.5% year-over-year in May to almost exactly where rent growth was in March 2020 when the coronavirus pandemic hit, Yardi said.</p><p>   Rents grew $12 in May to $1,428, the largest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-month increase in Yardi's data set history, it said.</p><p>    (Herbert Lash)    </p><p>   *****</p><p>   DATA ROUND ONE: RETAIL SALES, PPI, EMPIRE STATE (1000 EDT/1400 GMT)</p><p>   An onslaught of reports unleashed on Tuesday suggests an economy entering a new phase of recovery from the pandemic recession, with freshly-jabbed consumers leaving their houses to find inflation running hotter than the weather.     </p><p>   Sales at U.S. retailers    fell 1.3% last month according to the Commerce Department, steeper than the anticipated 0.8% drop, reversing April's upwardly-revised 0.9% gain.  </p><p>   In part, the decline reflects consumer demand pivoting back from goods to customer-facing services as more Americans are inoculated and taking advantage of lifting social distancing restrictions. </p><p>   Receipts at bars/restaurants and department stores, for example, jumped by 1.8% and 1.6%, respectively, and gasoline sales rose by 0.7%.</p><p>   On the other hand, sales of home improvement goods plunged by 5.9% and home electronics slid 3.4%.</p><p>   The overall pullback suggests a \"satiated demand for goods\" as \"higher prices weighed on consumers’ buying attitudes,\" writes Gregory Daco, chief U.S. economist at Oxford Economics.  </p><p>   \"While some will interpret this as a sign of wary households,\" Daco adds, the report signals \"ongoing demand rotation as vaccinated consumers splurge on services.</p><p>   Core retail sales, which excludes autos, gasoline, building materials and food services - and corresponds closely with the personal consumption component of GDP - dropped by 0.7%.</p><p>   A report from the Labor Department showed the producer price index (PPI)    - or the prices U.S. goods makers get for their wares at the factory loading dock - rose at a faster pace in May than analysts expected.</p><p>   Monthly headline PPI rose by 0.8%, running hotter than the 0.6% growth projected by economists.</p><p>   On an annual basis, core PPI - which strips out food, energy and trade services - accelerated to 5.3% from April's 4.6% pace.</p><p>   \"Headline, core and core ex-trade services prices are well above the 2% target,\" notes Rubeela Farooqi, chief U.S. economist at High Frequency Economics. \"However, the Fed is expected to continue to view building pressures as transient.\"</p><p>   The graphic below shows how year-over-year core PPI stacks up among other major indicators relative to the Fed's average annual 2% target:</p><p>   The demand U-turn away from goods back to services appears to be showing itself in data from the New York Fed, which showed manufacturing activity in New York State stepped on the brakes in May.</p><p>   The New York Federal Reserve's Empire State index</p><p>  plunged nearly seven points to a reading of 17.4, well below the 23 consensus.</p><p>   An Empire State number above zero signifies increased activity over the previous month.</p><p>   \"Manufacturing is doing well, but activity is no longer accelerating,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics. </p><p>   But Shepherdson outpoints unfilled orders and prices paid components \"suggests a marginal easing of supply constraints,\" a welcome development amid the ongoing demand/supply imbalance.</p><p>   But Tuesday isn't done with us. Industrial production, inventories and homebuilder sentiment remain on tap. </p><p>   Investors were taking a breather out of the starting gate, with the S&amp;P 500 and the Nasdaq slipping back from Monday's record closing highs.    </p><p>   (Stephen Culp)</p><p>   *****</p><p>   S&amp;P 500: SLEEPWALKING (0900 EDT/1300 GMT)</p><p>   The S&amp;P 500    posted another record close on Monday. While only about halfway into June, that marked its 29th record-high finish so far this year vs 33 for all of 2020.</p><p>   Despite the levitation, SPX action in many ways has grown zombie-like. Monday's range as a percentage of the prior session's close was just 0.51%. With this, nearly half of the 18 smallest daily ranges so far this year, have occurred in the past 13 trading days. For the week, the SPX is on track for its tightest range since September 22, 2017.</p><p>   Meanwhile, volatility close-to-close, on a weekly basis, has contracted to its lowest level since mid-January 2020, or roughly one month ahead of the February 2020 market top:</p><p>   Implied volatility has also recently collapsed. The CBOE Volatility Index    ended last Friday at its lowest level since February 20, 2020, or one day after the SPX's February 19, 2020 peak.</p><p>   Thus, with significant event risks this week in the form of the FOMC Meeting results on Wednesday  , and a quadruple-witching Friday  , the benchmark index appears especially ripe for much more spirited action.</p><p>   It now remains to be seen whether the SPX will soon begin a well-rested sprint, or if it will be shaken from its slumber by something that goes bump in the night.</p><p>   (Terence Gabriel)</p><p>   ***** </p><p>   FOR TUESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SPX06152021     Retail sales     Inflation     Empire State     Industrial production     Business inventories     NAHB    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</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>LIVE MARKETS-EVs and SPACs</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\">\nLIVE MARKETS-EVs and SPACs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-16 01:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Major U.S. stock indexes decline, though Transports green</p><p>   * Real estate weakest major S&amp;P sector; energy leads gainers</p><p>   * Dollar ~flat; gold off, crude up; bitcoin down slightly</p><p>   * U.S. 10-Year Treasury yield ~1.50%</p><p>    June 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   EVs and SPACs (1320 EDT/1720 GMT)</p><p>   There were always going to be bumps in the road to mass adoption of electric vehicles. However, after Lordstown Motors Corp    hit a giant pothole in recent days, investors in the next generation of U.S. auto manufacturers are seeking the exit ramp.</p><p>   The electric truck maker slumped 19% on Monday after disclosing both founder and Chief Executive Steve Burns and Chief Financial Officer Julio Rodriguez were resigning. The news came days after the company warned there was \"substantial doubt\" about its ability to continue as a going concern in the next year due to problems in funding production.  </p><p>   Shares are stabilizing on Tuesday, trading marginally higher at $9.30, but the company's stock is still down nearly 70% since Feb. 11. </p><p>   Some investors may be more concerned by the fact Lordstown is now below the $10 price which special purpose acquisition companies (SPACs) sell their stock to the public. Lordstown went public last October through a merger with blank-check firm <a href=\"https://laohu8.com/S/DPHCW\">DiamondPeak Holdings Corp.</a></p><p>   SPACs have sped into the electric vehicle <a href=\"https://laohu8.com/S/EV\">$(EV)$</a> market, hoping to hitch their wagon to the next Tesla Inc   . Since the start of 2021, there have been a number of announced mergers: <a href=\"https://laohu8.com/S/AONE\">one</a> such deal, for Proterra, just completed and the bus maker started trading on the Nasdaq on Tuesday.</p><p>   So far, it's not been the debut Proterra and its SPAC backers, <a href=\"https://laohu8.com/S/ACTC\">ArcLight Clean Transition Corp</a>, would have hoped for. Shares are now down around 4%.  </p><p>   Other SPACs due to merge with EV manufacturers have also been run over by the Lordstown developments.</p><p>   <a href=\"https://laohu8.com/S/CCIV\">Churchill Capital Corp IV</a>    is down another 5% on Tuesday, taking its losses since Wednesday's close to around 13.5%. <a href=\"https://laohu8.com/S/DCRB\">Decarbonization Plus Acquisition Corp</a>    is off 1.8% on Tuesday.</p><p>   Lordstown isn't the first SPAC-backed EV manufacturer to get a puncture either. <a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a>    was initially turbo-charged, trading intraday at nearly $94 within a week of its listing, but then questions were raised about its technology, regulatory investigations began and the founder resigned.</p><p>   Nikola is down 9.8% on Tuesday at $15.50.</p><p>   EV aren't likely to be a road to nowhere: a June 3 report from Pew Research Center said 39% of Americans would consider going electric the next time they shop for a car. Meanwhile, companies including Amazon.com Inc    and Fedex Corp</p><p>  are making huge commitments to electrify their fleets.</p><p>   Like buying the real thing, investors need to be doing their research on EV manufacturers, so they aren't stuck with a lemon.</p><p>   (David French)</p><p>   *****</p><p>   U.S. DOLLAR OUTLOOK DEPENDS ON FED'S INFLATION VIEW -BOFA (1240 EDT/1640 GMT)</p><p>   BoFA Securities said in its latest research note on Tuesday that the fate of the U.S. dollar rests on the Federal Reserve, which releases its statement on monetary policy on Wednesday after its two-day meeting.</p><p>   It noted that the combination of a dovish Fed and higher inflation is negative for the dollar because of negative real rates and the risks to the Fed's inflation credibility.</p><p>   But \"if the Fed reacts to higher inflation by tightening its policies, the correlation flips and the U.S. dollar will appreciate, at least in the short term,\" BofA said.</p><p>   Once the dust settles though from the current base effects, the economy runs the risk of inflation ending well above the Fed's flexible average inflation targeting (FAIT), BofA says. That should push the Fed to normalize monetary policy, which should be a positive for the dollar.</p><p>   \"Inflation expectations remain anchored for now, but this is because the market is already pricing some policy normalization in the next two years; they will not remain anchored if the Fed does not respond to higher inflation,\" the U.S. bank said.</p><p>   The U.S. dollar index is currently little changed at 90.532</p><p> . Over the last two months, the dollar has been down nearly 1%.</p><p>   (Gertrude Chavez-Dreyfuss)</p><p>   ******</p><p>    DATA PART DEUX: PRODUCTION GAINS STEAM, HOMEBUILDING LOSES HEAT (1155 EDT/1555 GMT)</p><p>   Round two of Tuesday's data-palooza provided signs that the U.S. economy is rounding the bend back to pre-pandemic levels, but rocks remain in that last stretch to the finish line. </p><p>   Industrial output    unexpectedly gained steam in May according to the Federal Reserve, rising 0.8% versus the 0.6% consensus, although April's gain was sharply reduced to a paltry 0.1%.  </p><p>   The growth was largely attributable to a bounce-back in automobile production, which nonetheless remains hobbled by a global microchip drought.</p><p>   \"Looking ahead, hearty goods demand, rising business investment, and revitalizing external activity will keep industrial production on a solid expansionary path,\" writes Oren Klachkin, lead U.S. economist at Oxford Economics. \"Roadblocks to stronger production from supply chain and hiring challenges will start to be removed in the latter half of 2021, supporting strong activity.\"</p><p>   Capacity utilization   , a barometer of economic slack, showed better-than-expected improvement, gaining 60 basis points to 75.2%, closing in on the pre-pandemic 76.3%.</p><p>   A report from the Commerce Department showed goods held in the store rooms of U.S. businesses    shrank by 0.2% in April, more than analysts anticipated.  </p><p>   It was the first monthly decline since last July.</p><p>   But retail inventories, excluding motor vehicles, rose by 0.6%, an acceleration from March's 0.5% increase, yet another indication that car manufacturers remain constrained by the afore-mentioned chip shortage.</p><p>   Inventories were a drag on first-quarter GDP as U.S. firms began to contend with hobbled supply chains, and the April business inventories reading, notching its first drop in nine months suggests that drag could carry on through the current quarter.</p><p>   \"Labor constraints, shipping delays, and high input costs will limit inventory gains,\" Klachkin adds. \"But we look for those challenges to ease as better health conditions and reopenings bring the supply side of the economy back online.\"</p><p>   And finally our data deluge concludes with news from the erstwhile star of the economic recovery: the housing market.</p><p>   The COVID crisis caused a demand stampede, as homebuyers painted \"suburbs or bust\" on their SUVs and fled the cities in search of elbow room and home office space. </p><p>   That rush drove inventories to record lows, which in turn gave robust support to the homebuilding sector.</p><p>   But heightened demand has also collided with stricken supply chains and a dearth of building materials, launching home prices into orbit and dampening the homebuilding party.</p><p>   The National Association of Homebuilders' (NAHB) Housing Market index   , also known as homebuilder sentiment, has shed 2 points this month to a still-sunny reading of 81.</p><p>   It was the index's lowest level since August of last year.</p><p>   \"Higher costs and declining availability for softwood lumber and other building materials pushed down builder sentiment in June,\" said NAHB chairman Chuck Fowke. \"These higher costs have moved some new homes beyond the budget of prospective buyers, which has slowed the strong pace of home building.\"</p><p>   The selling mood on Wall Street remains entrenched in late morning, with all three major U.S. stock indexes well inside negative territory.</p><p>   Rising crude prices    helped promote energy shares</p><p>  to the head of the gainers' class.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   NEW YORK APARTMENT RENTS POP AS BANKS DIS REMOTE WORK (1045 EDT/1445 GMT</p><p>   Perhaps bankers in the Big Apple didn't get the memo on remote work, or are hearing a different tune than big tech on the West Coast.</p><p>   While all gateway markets are showing signs of recovery in apartment rentals, some are recovering faster than others, with a notable difference between New York and Seattle and San Francisco, according to Yardi Matrix.</p><p>   Apartment rents increased 3.4% on a month-over-month basis in New York in May, well above the other top 30 U.S. metro areas that Yardi tracks in its National Multifamily Report.</p><p>   Seattle and San Francisco rebounded, but only at 0.2% and 0.3% growth month over month, respectively, said Yardi, which researches U.S. commercial real estate.</p><p>   The difference could be due to the type of industries in the three cities and their return-to-work plans, Yardi said.</p><p>   New York banks are requiring employees to return to the office this summer, while tech workers in Seattle and San Francisco are more likely to be able to work on a hybrid or fully remote schedule, Yardi said.</p><p>   James Gorman, chief executive at <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>   , said Monday that if most employees are not back at the bank's <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> headquarters in September, he will be \"very disappointed.\"  </p><p>   <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc    said last week it was opening up remote work as an option to all levels of employees across the company, starting on Tuesday, and expects to reopen all its U.S. offices by October.  </p><p>   Alphabet Inc's Google    and Microsoft Corp   , have given employees options to choose their work location and remote work preferences. </p><p>   Multifamily rents rose 2.5% year-over-year in May to almost exactly where rent growth was in March 2020 when the coronavirus pandemic hit, Yardi said.</p><p>   Rents grew $12 in May to $1,428, the largest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-month increase in Yardi's data set history, it said.</p><p>    (Herbert Lash)    </p><p>   *****</p><p>   DATA ROUND ONE: RETAIL SALES, PPI, EMPIRE STATE (1000 EDT/1400 GMT)</p><p>   An onslaught of reports unleashed on Tuesday suggests an economy entering a new phase of recovery from the pandemic recession, with freshly-jabbed consumers leaving their houses to find inflation running hotter than the weather.     </p><p>   Sales at U.S. retailers    fell 1.3% last month according to the Commerce Department, steeper than the anticipated 0.8% drop, reversing April's upwardly-revised 0.9% gain.  </p><p>   In part, the decline reflects consumer demand pivoting back from goods to customer-facing services as more Americans are inoculated and taking advantage of lifting social distancing restrictions. </p><p>   Receipts at bars/restaurants and department stores, for example, jumped by 1.8% and 1.6%, respectively, and gasoline sales rose by 0.7%.</p><p>   On the other hand, sales of home improvement goods plunged by 5.9% and home electronics slid 3.4%.</p><p>   The overall pullback suggests a \"satiated demand for goods\" as \"higher prices weighed on consumers’ buying attitudes,\" writes Gregory Daco, chief U.S. economist at Oxford Economics.  </p><p>   \"While some will interpret this as a sign of wary households,\" Daco adds, the report signals \"ongoing demand rotation as vaccinated consumers splurge on services.</p><p>   Core retail sales, which excludes autos, gasoline, building materials and food services - and corresponds closely with the personal consumption component of GDP - dropped by 0.7%.</p><p>   A report from the Labor Department showed the producer price index (PPI)    - or the prices U.S. goods makers get for their wares at the factory loading dock - rose at a faster pace in May than analysts expected.</p><p>   Monthly headline PPI rose by 0.8%, running hotter than the 0.6% growth projected by economists.</p><p>   On an annual basis, core PPI - which strips out food, energy and trade services - accelerated to 5.3% from April's 4.6% pace.</p><p>   \"Headline, core and core ex-trade services prices are well above the 2% target,\" notes Rubeela Farooqi, chief U.S. economist at High Frequency Economics. \"However, the Fed is expected to continue to view building pressures as transient.\"</p><p>   The graphic below shows how year-over-year core PPI stacks up among other major indicators relative to the Fed's average annual 2% target:</p><p>   The demand U-turn away from goods back to services appears to be showing itself in data from the New York Fed, which showed manufacturing activity in New York State stepped on the brakes in May.</p><p>   The New York Federal Reserve's Empire State index</p><p>  plunged nearly seven points to a reading of 17.4, well below the 23 consensus.</p><p>   An Empire State number above zero signifies increased activity over the previous month.</p><p>   \"Manufacturing is doing well, but activity is no longer accelerating,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics. </p><p>   But Shepherdson outpoints unfilled orders and prices paid components \"suggests a marginal easing of supply constraints,\" a welcome development amid the ongoing demand/supply imbalance.</p><p>   But Tuesday isn't done with us. Industrial production, inventories and homebuilder sentiment remain on tap. </p><p>   Investors were taking a breather out of the starting gate, with the S&amp;P 500 and the Nasdaq slipping back from Monday's record closing highs.    </p><p>   (Stephen Culp)</p><p>   *****</p><p>   S&amp;P 500: SLEEPWALKING (0900 EDT/1300 GMT)</p><p>   The S&amp;P 500    posted another record close on Monday. While only about halfway into June, that marked its 29th record-high finish so far this year vs 33 for all of 2020.</p><p>   Despite the levitation, SPX action in many ways has grown zombie-like. Monday's range as a percentage of the prior session's close was just 0.51%. With this, nearly half of the 18 smallest daily ranges so far this year, have occurred in the past 13 trading days. For the week, the SPX is on track for its tightest range since September 22, 2017.</p><p>   Meanwhile, volatility close-to-close, on a weekly basis, has contracted to its lowest level since mid-January 2020, or roughly one month ahead of the February 2020 market top:</p><p>   Implied volatility has also recently collapsed. The CBOE Volatility Index    ended last Friday at its lowest level since February 20, 2020, or one day after the SPX's February 19, 2020 peak.</p><p>   Thus, with significant event risks this week in the form of the FOMC Meeting results on Wednesday  , and a quadruple-witching Friday  , the benchmark index appears especially ripe for much more spirited action.</p><p>   It now remains to be seen whether the SPX will soon begin a well-rested sprint, or if it will be shaken from its slumber by something that goes bump in the night.</p><p>   (Terence Gabriel)</p><p>   ***** </p><p>   FOR TUESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SPX06152021     Retail sales     Inflation     Empire State     Industrial production     Business inventories     NAHB    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF","FDX":"联邦快递",".SPX":"S&P 500 Index","PSQ":"纳指反向ETF","DDM":"道指两倍做多ETF","TSLA":"特斯拉","QNETCN":"纳斯达克中美互联网老虎指数","UDOW":"道指三倍做多ETF-ProShares","QQQ":"纳指100ETF","09086":"华夏纳指-U","DJX":"1/100道琼斯","DOG":"道指反向ETF","AMZN":"亚马逊","DXD":"道指两倍做空ETF","NKLA":"Nikola Corporation","QID":"纳指两倍做空ETF","03086":"华夏纳指","SQQQ":"纳指三倍做空ETF","DRIV":"Global X Autonomous & Electric Vehicles ETF","QLD":"纳指两倍做多ETF","SDOW":"道指三倍做空ETF-ProShares"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143750470","content_text":"* Major U.S. stock indexes decline, though Transports green   * Real estate weakest major S&P sector; energy leads gainers   * Dollar ~flat; gold off, crude up; bitcoin down slightly   * U.S. 10-Year Treasury yield ~1.50%    June 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com   EVs and SPACs (1320 EDT/1720 GMT)   There were always going to be bumps in the road to mass adoption of electric vehicles. However, after Lordstown Motors Corp    hit a giant pothole in recent days, investors in the next generation of U.S. auto manufacturers are seeking the exit ramp.   The electric truck maker slumped 19% on Monday after disclosing both founder and Chief Executive Steve Burns and Chief Financial Officer Julio Rodriguez were resigning. The news came days after the company warned there was \"substantial doubt\" about its ability to continue as a going concern in the next year due to problems in funding production.     Shares are stabilizing on Tuesday, trading marginally higher at $9.30, but the company's stock is still down nearly 70% since Feb. 11.    Some investors may be more concerned by the fact Lordstown is now below the $10 price which special purpose acquisition companies (SPACs) sell their stock to the public. Lordstown went public last October through a merger with blank-check firm DiamondPeak Holdings Corp.   SPACs have sped into the electric vehicle $(EV)$ market, hoping to hitch their wagon to the next Tesla Inc   . Since the start of 2021, there have been a number of announced mergers: one such deal, for Proterra, just completed and the bus maker started trading on the Nasdaq on Tuesday.   So far, it's not been the debut Proterra and its SPAC backers, ArcLight Clean Transition Corp, would have hoped for. Shares are now down around 4%.     Other SPACs due to merge with EV manufacturers have also been run over by the Lordstown developments. Churchill Capital Corp IV    is down another 5% on Tuesday, taking its losses since Wednesday's close to around 13.5%. Decarbonization Plus Acquisition Corp    is off 1.8% on Tuesday.   Lordstown isn't the first SPAC-backed EV manufacturer to get a puncture either. Nikola Corporation    was initially turbo-charged, trading intraday at nearly $94 within a week of its listing, but then questions were raised about its technology, regulatory investigations began and the founder resigned.   Nikola is down 9.8% on Tuesday at $15.50.   EV aren't likely to be a road to nowhere: a June 3 report from Pew Research Center said 39% of Americans would consider going electric the next time they shop for a car. Meanwhile, companies including Amazon.com Inc    and Fedex Corp  are making huge commitments to electrify their fleets.   Like buying the real thing, investors need to be doing their research on EV manufacturers, so they aren't stuck with a lemon.   (David French)   *****   U.S. DOLLAR OUTLOOK DEPENDS ON FED'S INFLATION VIEW -BOFA (1240 EDT/1640 GMT)   BoFA Securities said in its latest research note on Tuesday that the fate of the U.S. dollar rests on the Federal Reserve, which releases its statement on monetary policy on Wednesday after its two-day meeting.   It noted that the combination of a dovish Fed and higher inflation is negative for the dollar because of negative real rates and the risks to the Fed's inflation credibility.   But \"if the Fed reacts to higher inflation by tightening its policies, the correlation flips and the U.S. dollar will appreciate, at least in the short term,\" BofA said.   Once the dust settles though from the current base effects, the economy runs the risk of inflation ending well above the Fed's flexible average inflation targeting (FAIT), BofA says. That should push the Fed to normalize monetary policy, which should be a positive for the dollar.   \"Inflation expectations remain anchored for now, but this is because the market is already pricing some policy normalization in the next two years; they will not remain anchored if the Fed does not respond to higher inflation,\" the U.S. bank said.   The U.S. dollar index is currently little changed at 90.532 . Over the last two months, the dollar has been down nearly 1%.   (Gertrude Chavez-Dreyfuss)   ******    DATA PART DEUX: PRODUCTION GAINS STEAM, HOMEBUILDING LOSES HEAT (1155 EDT/1555 GMT)   Round two of Tuesday's data-palooza provided signs that the U.S. economy is rounding the bend back to pre-pandemic levels, but rocks remain in that last stretch to the finish line.    Industrial output    unexpectedly gained steam in May according to the Federal Reserve, rising 0.8% versus the 0.6% consensus, although April's gain was sharply reduced to a paltry 0.1%.     The growth was largely attributable to a bounce-back in automobile production, which nonetheless remains hobbled by a global microchip drought.   \"Looking ahead, hearty goods demand, rising business investment, and revitalizing external activity will keep industrial production on a solid expansionary path,\" writes Oren Klachkin, lead U.S. economist at Oxford Economics. \"Roadblocks to stronger production from supply chain and hiring challenges will start to be removed in the latter half of 2021, supporting strong activity.\"   Capacity utilization   , a barometer of economic slack, showed better-than-expected improvement, gaining 60 basis points to 75.2%, closing in on the pre-pandemic 76.3%.   A report from the Commerce Department showed goods held in the store rooms of U.S. businesses    shrank by 0.2% in April, more than analysts anticipated.     It was the first monthly decline since last July.   But retail inventories, excluding motor vehicles, rose by 0.6%, an acceleration from March's 0.5% increase, yet another indication that car manufacturers remain constrained by the afore-mentioned chip shortage.   Inventories were a drag on first-quarter GDP as U.S. firms began to contend with hobbled supply chains, and the April business inventories reading, notching its first drop in nine months suggests that drag could carry on through the current quarter.   \"Labor constraints, shipping delays, and high input costs will limit inventory gains,\" Klachkin adds. \"But we look for those challenges to ease as better health conditions and reopenings bring the supply side of the economy back online.\"   And finally our data deluge concludes with news from the erstwhile star of the economic recovery: the housing market.   The COVID crisis caused a demand stampede, as homebuyers painted \"suburbs or bust\" on their SUVs and fled the cities in search of elbow room and home office space.    That rush drove inventories to record lows, which in turn gave robust support to the homebuilding sector.   But heightened demand has also collided with stricken supply chains and a dearth of building materials, launching home prices into orbit and dampening the homebuilding party.   The National Association of Homebuilders' (NAHB) Housing Market index   , also known as homebuilder sentiment, has shed 2 points this month to a still-sunny reading of 81.   It was the index's lowest level since August of last year.   \"Higher costs and declining availability for softwood lumber and other building materials pushed down builder sentiment in June,\" said NAHB chairman Chuck Fowke. \"These higher costs have moved some new homes beyond the budget of prospective buyers, which has slowed the strong pace of home building.\"   The selling mood on Wall Street remains entrenched in late morning, with all three major U.S. stock indexes well inside negative territory.   Rising crude prices    helped promote energy shares  to the head of the gainers' class.   (Stephen Culp)   *****   NEW YORK APARTMENT RENTS POP AS BANKS DIS REMOTE WORK (1045 EDT/1445 GMT   Perhaps bankers in the Big Apple didn't get the memo on remote work, or are hearing a different tune than big tech on the West Coast.   While all gateway markets are showing signs of recovery in apartment rentals, some are recovering faster than others, with a notable difference between New York and Seattle and San Francisco, according to Yardi Matrix.   Apartment rents increased 3.4% on a month-over-month basis in New York in May, well above the other top 30 U.S. metro areas that Yardi tracks in its National Multifamily Report.   Seattle and San Francisco rebounded, but only at 0.2% and 0.3% growth month over month, respectively, said Yardi, which researches U.S. commercial real estate.   The difference could be due to the type of industries in the three cities and their return-to-work plans, Yardi said.   New York banks are requiring employees to return to the office this summer, while tech workers in Seattle and San Francisco are more likely to be able to work on a hybrid or fully remote schedule, Yardi said.   James Gorman, chief executive at Morgan Stanley   , said Monday that if most employees are not back at the bank's Manhattan headquarters in September, he will be \"very disappointed.\"   Facebook Inc    said last week it was opening up remote work as an option to all levels of employees across the company, starting on Tuesday, and expects to reopen all its U.S. offices by October.     Alphabet Inc's Google    and Microsoft Corp   , have given employees options to choose their work location and remote work preferences.    Multifamily rents rose 2.5% year-over-year in May to almost exactly where rent growth was in March 2020 when the coronavirus pandemic hit, Yardi said.   Rents grew $12 in May to $1,428, the largest one-month increase in Yardi's data set history, it said.    (Herbert Lash)       *****   DATA ROUND ONE: RETAIL SALES, PPI, EMPIRE STATE (1000 EDT/1400 GMT)   An onslaught of reports unleashed on Tuesday suggests an economy entering a new phase of recovery from the pandemic recession, with freshly-jabbed consumers leaving their houses to find inflation running hotter than the weather.        Sales at U.S. retailers    fell 1.3% last month according to the Commerce Department, steeper than the anticipated 0.8% drop, reversing April's upwardly-revised 0.9% gain.     In part, the decline reflects consumer demand pivoting back from goods to customer-facing services as more Americans are inoculated and taking advantage of lifting social distancing restrictions.    Receipts at bars/restaurants and department stores, for example, jumped by 1.8% and 1.6%, respectively, and gasoline sales rose by 0.7%.   On the other hand, sales of home improvement goods plunged by 5.9% and home electronics slid 3.4%.   The overall pullback suggests a \"satiated demand for goods\" as \"higher prices weighed on consumers’ buying attitudes,\" writes Gregory Daco, chief U.S. economist at Oxford Economics.     \"While some will interpret this as a sign of wary households,\" Daco adds, the report signals \"ongoing demand rotation as vaccinated consumers splurge on services.   Core retail sales, which excludes autos, gasoline, building materials and food services - and corresponds closely with the personal consumption component of GDP - dropped by 0.7%.   A report from the Labor Department showed the producer price index (PPI)    - or the prices U.S. goods makers get for their wares at the factory loading dock - rose at a faster pace in May than analysts expected.   Monthly headline PPI rose by 0.8%, running hotter than the 0.6% growth projected by economists.   On an annual basis, core PPI - which strips out food, energy and trade services - accelerated to 5.3% from April's 4.6% pace.   \"Headline, core and core ex-trade services prices are well above the 2% target,\" notes Rubeela Farooqi, chief U.S. economist at High Frequency Economics. \"However, the Fed is expected to continue to view building pressures as transient.\"   The graphic below shows how year-over-year core PPI stacks up among other major indicators relative to the Fed's average annual 2% target:   The demand U-turn away from goods back to services appears to be showing itself in data from the New York Fed, which showed manufacturing activity in New York State stepped on the brakes in May.   The New York Federal Reserve's Empire State index  plunged nearly seven points to a reading of 17.4, well below the 23 consensus.   An Empire State number above zero signifies increased activity over the previous month.   \"Manufacturing is doing well, but activity is no longer accelerating,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics.    But Shepherdson outpoints unfilled orders and prices paid components \"suggests a marginal easing of supply constraints,\" a welcome development amid the ongoing demand/supply imbalance.   But Tuesday isn't done with us. Industrial production, inventories and homebuilder sentiment remain on tap.    Investors were taking a breather out of the starting gate, with the S&P 500 and the Nasdaq slipping back from Monday's record closing highs.       (Stephen Culp)   *****   S&P 500: SLEEPWALKING (0900 EDT/1300 GMT)   The S&P 500    posted another record close on Monday. While only about halfway into June, that marked its 29th record-high finish so far this year vs 33 for all of 2020.   Despite the levitation, SPX action in many ways has grown zombie-like. Monday's range as a percentage of the prior session's close was just 0.51%. With this, nearly half of the 18 smallest daily ranges so far this year, have occurred in the past 13 trading days. For the week, the SPX is on track for its tightest range since September 22, 2017.   Meanwhile, volatility close-to-close, on a weekly basis, has contracted to its lowest level since mid-January 2020, or roughly one month ahead of the February 2020 market top:   Implied volatility has also recently collapsed. The CBOE Volatility Index    ended last Friday at its lowest level since February 20, 2020, or one day after the SPX's February 19, 2020 peak.   Thus, with significant event risks this week in the form of the FOMC Meeting results on Wednesday  , and a quadruple-witching Friday  , the benchmark index appears especially ripe for much more spirited action.   It now remains to be seen whether the SPX will soon begin a well-rested sprint, or if it will be shaken from its slumber by something that goes bump in the night.   (Terence Gabriel)   *****    FOR TUESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:      <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SPX06152021     Retail sales     Inflation     Empire State     Industrial production     Business inventories     NAHB       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1},"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160411113,"gmtCreate":1623804112932,"gmtModify":1703819834244,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Wait for now.","listText":"Wait for now.","text":"Wait for now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160411113","repostId":"1178629454","repostType":2,"repost":{"id":"1178629454","pubTimestamp":1623801608,"share":"https://ttm.financial/m/news/1178629454?lang=&edition=fundamental","pubTime":"2021-06-16 08:00","market":"us","language":"en","title":"Why a Hawkish Fed Might Not Spook Emerging Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1178629454","media":"Barrons","summary":"Emerging markets threw a toddler-worthy tantrum in 2013 when the Federal Reserve suggested it may ta","content":"<p>Emerging markets threw a toddler-worthy tantrum in 2013 when the Federal Reserve suggested it may taper its crisis-era asset purchases. Investors are warily watching the Federal Reserve’s policy meeting this week and bracing for another painful “taper tantrum” in emerging markets that led to painful losses . But it may not be as bad this time.</p>\n<p>Fund managers cited a taper tantrum as the second-biggest risk after inflation in a recent survey by Bank of America. Emerging markets felt the brunt of the last taper tantrum, with the MSCI Emerging Markets index falling roughly 10% in four months as investors yanked money out as higher yields in the U.S. offered them alternatives in 2013. That added pressure to emerging market countries, exacerbating precarious fiscal positions in countries reliant on foreign funding.</p>\n<p>Many emerging market countries have better fiscal positions and stronger reserves to deal this time to deal with the fallout from another Fed taper. Increased demand for commodities should also help insulate non-Asian markets from disruptive outflows, giving policy makers more room to maneuver, according to Gavkeal Research analysts Udith Sikand and Vincent Tsui.</p>\n<p>The duo expects a less extreme reaction in emerging markets, writing in a note this month that the Fed may also be more attuned to the fragility of the global backdrop and careful to avoid sparking a panic.</p>\n<p>Plus, U.S. real yields are already inching up, which could mean any further rise in yields on the back of a Fed tapering could be smaller. As a result, the analysts think several emerging markets could be less vulnerable this time around and even outperform.</p>\n<p>Of course, if a Fed taper triggers the type of outflows seen last time from emerging markets—roughly $30 billion—there will be few places to hide. The growth outlook for emerging markets, especially outside of India and China, is also less exciting and many countries will likely be grappling with higher levels of debt post-Covid. And the most fiscally fragile could still be vulnerable (think Turkey and South Africa).</p>\n<p>But some money managers see pockets of opportunity in emerging markets. While 2013 is still fresh in the minds of emerging market investors, not all instances of Fed tightening have created such painful periods. Between 2004 to 2006, the MSCI Emerging Markets index returned more than 80% as the Federal Reserve raised the fed-funds rate by 4.25 percentage points, analysts at RockCreek wrote in a note to clients this week. A strong economic recovery led to the tightening in 2004—a period where emerging markets also saw the benefits of a strong commodities market. The RockCreek team highlighted similarities to that period: Commodities are&nbsp;booming again&nbsp;and the U.S. is in the throes of an economic recovery.</p>\n<p>Picking the right spots in emerging markets will be important, as some countries are better-positioned for stronger commodity demand and to withstand volatility from a Fed taper. Others, like China are still&nbsp;grappling with country-specific issues,like antimonopoly measures that loom over not just the e-commerce and internet sectors but also education.</p>\n<p>Oxford Economics strategists favor commodity-oriented beneficiaries in emerging markets in Brazil, for example, where valuations are less stretched than in “new-economy” areas of the market like Chinese technology stocks.</p>\n<p>Some emerging markets managers are also looking to banks in&nbsp;countries like Brazil&nbsp;as a way to benefit from the commodities boom and broader recovery. Gavekal also recommends overweight emerging-market stocks with a preference for non-Asian commodity exporters, as well as countries with weaker currencies like Brazil and&nbsp;Mexico.</p>\n<p>The&nbsp;iShares MSCI Brazilexchange-traded fund (EWZ) is up 26% over the last three months; the&nbsp;iShares MSCI Mexico&nbsp;ETF (EWW) is up nearly 13% while the China-heavy&nbsp;iShares MSCI Emerging Markets&nbsp;index (EEM) is up just 4% over that period.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why a Hawkish Fed Might Not Spook Emerging Markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy a Hawkish Fed Might Not Spook Emerging Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/taper-tantrum-why-emerging-markets-may-keep-their-cool-51623796608?mod=hp_LEAD_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Emerging markets threw a toddler-worthy tantrum in 2013 when the Federal Reserve suggested it may taper its crisis-era asset purchases. Investors are warily watching the Federal Reserve’s policy ...</p>\n\n<a href=\"https://www.barrons.com/articles/taper-tantrum-why-emerging-markets-may-keep-their-cool-51623796608?mod=hp_LEAD_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/taper-tantrum-why-emerging-markets-may-keep-their-cool-51623796608?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178629454","content_text":"Emerging markets threw a toddler-worthy tantrum in 2013 when the Federal Reserve suggested it may taper its crisis-era asset purchases. Investors are warily watching the Federal Reserve’s policy meeting this week and bracing for another painful “taper tantrum” in emerging markets that led to painful losses . But it may not be as bad this time.\nFund managers cited a taper tantrum as the second-biggest risk after inflation in a recent survey by Bank of America. Emerging markets felt the brunt of the last taper tantrum, with the MSCI Emerging Markets index falling roughly 10% in four months as investors yanked money out as higher yields in the U.S. offered them alternatives in 2013. That added pressure to emerging market countries, exacerbating precarious fiscal positions in countries reliant on foreign funding.\nMany emerging market countries have better fiscal positions and stronger reserves to deal this time to deal with the fallout from another Fed taper. Increased demand for commodities should also help insulate non-Asian markets from disruptive outflows, giving policy makers more room to maneuver, according to Gavkeal Research analysts Udith Sikand and Vincent Tsui.\nThe duo expects a less extreme reaction in emerging markets, writing in a note this month that the Fed may also be more attuned to the fragility of the global backdrop and careful to avoid sparking a panic.\nPlus, U.S. real yields are already inching up, which could mean any further rise in yields on the back of a Fed tapering could be smaller. As a result, the analysts think several emerging markets could be less vulnerable this time around and even outperform.\nOf course, if a Fed taper triggers the type of outflows seen last time from emerging markets—roughly $30 billion—there will be few places to hide. The growth outlook for emerging markets, especially outside of India and China, is also less exciting and many countries will likely be grappling with higher levels of debt post-Covid. And the most fiscally fragile could still be vulnerable (think Turkey and South Africa).\nBut some money managers see pockets of opportunity in emerging markets. While 2013 is still fresh in the minds of emerging market investors, not all instances of Fed tightening have created such painful periods. Between 2004 to 2006, the MSCI Emerging Markets index returned more than 80% as the Federal Reserve raised the fed-funds rate by 4.25 percentage points, analysts at RockCreek wrote in a note to clients this week. A strong economic recovery led to the tightening in 2004—a period where emerging markets also saw the benefits of a strong commodities market. The RockCreek team highlighted similarities to that period: Commodities are booming again and the U.S. is in the throes of an economic recovery.\nPicking the right spots in emerging markets will be important, as some countries are better-positioned for stronger commodity demand and to withstand volatility from a Fed taper. Others, like China are still grappling with country-specific issues,like antimonopoly measures that loom over not just the e-commerce and internet sectors but also education.\nOxford Economics strategists favor commodity-oriented beneficiaries in emerging markets in Brazil, for example, where valuations are less stretched than in “new-economy” areas of the market like Chinese technology stocks.\nSome emerging markets managers are also looking to banks in countries like Brazil as a way to benefit from the commodities boom and broader recovery. Gavekal also recommends overweight emerging-market stocks with a preference for non-Asian commodity exporters, as well as countries with weaker currencies like Brazil and Mexico.\nThe iShares MSCI Brazilexchange-traded fund (EWZ) is up 26% over the last three months; the iShares MSCI Mexico ETF (EWW) is up nearly 13% while the China-heavy iShares MSCI Emerging Markets index (EEM) is up just 4% over that period.","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160431266,"gmtCreate":1623803924055,"gmtModify":1703819821290,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"No worries... It is rotational play in the market.","listText":"No worries... It is rotational play in the market.","text":"No worries... It is rotational play in the market.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/160431266","repostId":"1142443814","repostType":2,"repost":{"id":"1142443814","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":1623802730,"share":"https://ttm.financial/m/news/1142443814?lang=&edition=fundamental","pubTime":"2021-06-16 08:18","market":"us","language":"en","title":"3 Reasons Tech Stocks May Continue To Struggle","url":"https://stock-news.laohu8.com/highlight/detail?id=1142443814","media":"Benzinga","summary":"So far in 2021, the Vanguard Value Index Fund ETF is up 17.4% nearly double the year-to-date return ","content":"<p>So far in 2021, the&nbsp;<b>Vanguard Value Index Fund ETF</b>&nbsp;is up 17.4% nearly double the year-to-date return of the<b>Technology Select Sector SPDR Fund</b>.</p>\n<p>Over the past decade, periods of time in which tech stocks have lagged value stocks have been short and sweet, but LPL Financial said there are at least three reasons why tech may no longer be leading the market higher for the foreseeable future.</p>\n<ul>\n <li>First, many tech stocks that thrived during the period of social distancing and remote working will face extremely difficult comps and report growth slowdowns in the next several quarters. At the same time, value stocks in the industrials, materials and energy sectors that struggled during the shutdowns will experience the tailwinds of pent-up demand from the reopening.</li>\n <li>Second, the tech sector’s current forward earnings multiple of 25 is relatively high compared to its historical average. In addition, the Russell 1,000 Growth Index is currently valued at a 60% premium to the Russell 1,000 Value Index, its highest premium in the past 20 years.</li>\n <li>Third, the technology sector appears to be rolling over from a technical standpoint. The sector has lagged the S&amp;P 500 since the beginning of September, suggesting technology’s momentum has stalled out.</li>\n</ul>\n<p>“It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” LPL Equity Strategist Jeffrey Buchbindersaid Tuesday.“But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”</p>\n<p><b>Benzinga’s Take:</b>Just because tech stocks are no longer leading the market higher doesn’t mean investors should dump all their tech holdings for value stocks. There will still certainly be outperformers within the tech sector that are among the largest gainers in the market in 2021, but the easy money that has come from investing in the sector as a whole in the past decade may be much harder to come by in the next several quarters.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Tech Stocks May Continue To Struggle</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Tech Stocks May Continue To Struggle\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\">2021-06-16 08:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>So far in 2021, the&nbsp;<b>Vanguard Value Index Fund ETF</b>&nbsp;is up 17.4% nearly double the year-to-date return of the<b>Technology Select Sector SPDR Fund</b>.</p>\n<p>Over the past decade, periods of time in which tech stocks have lagged value stocks have been short and sweet, but LPL Financial said there are at least three reasons why tech may no longer be leading the market higher for the foreseeable future.</p>\n<ul>\n <li>First, many tech stocks that thrived during the period of social distancing and remote working will face extremely difficult comps and report growth slowdowns in the next several quarters. At the same time, value stocks in the industrials, materials and energy sectors that struggled during the shutdowns will experience the tailwinds of pent-up demand from the reopening.</li>\n <li>Second, the tech sector’s current forward earnings multiple of 25 is relatively high compared to its historical average. In addition, the Russell 1,000 Growth Index is currently valued at a 60% premium to the Russell 1,000 Value Index, its highest premium in the past 20 years.</li>\n <li>Third, the technology sector appears to be rolling over from a technical standpoint. The sector has lagged the S&amp;P 500 since the beginning of September, suggesting technology’s momentum has stalled out.</li>\n</ul>\n<p>“It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” LPL Equity Strategist Jeffrey Buchbindersaid Tuesday.“But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”</p>\n<p><b>Benzinga’s Take:</b>Just because tech stocks are no longer leading the market higher doesn’t mean investors should dump all their tech holdings for value stocks. There will still certainly be outperformers within the tech sector that are among the largest gainers in the market in 2021, but the easy money that has come from investing in the sector as a whole in the past decade may be much harder to come by in the next several quarters.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142443814","content_text":"So far in 2021, the Vanguard Value Index Fund ETF is up 17.4% nearly double the year-to-date return of theTechnology Select Sector SPDR Fund.\nOver the past decade, periods of time in which tech stocks have lagged value stocks have been short and sweet, but LPL Financial said there are at least three reasons why tech may no longer be leading the market higher for the foreseeable future.\n\nFirst, many tech stocks that thrived during the period of social distancing and remote working will face extremely difficult comps and report growth slowdowns in the next several quarters. At the same time, value stocks in the industrials, materials and energy sectors that struggled during the shutdowns will experience the tailwinds of pent-up demand from the reopening.\nSecond, the tech sector’s current forward earnings multiple of 25 is relatively high compared to its historical average. In addition, the Russell 1,000 Growth Index is currently valued at a 60% premium to the Russell 1,000 Value Index, its highest premium in the past 20 years.\nThird, the technology sector appears to be rolling over from a technical standpoint. The sector has lagged the S&P 500 since the beginning of September, suggesting technology’s momentum has stalled out.\n\n“It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” LPL Equity Strategist Jeffrey Buchbindersaid Tuesday.“But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”\nBenzinga’s Take:Just because tech stocks are no longer leading the market higher doesn’t mean investors should dump all their tech holdings for value stocks. There will still certainly be outperformers within the tech sector that are among the largest gainers in the market in 2021, but the easy money that has come from investing in the sector as a whole in the past decade may be much harder to come by in the next several quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160602899,"gmtCreate":1623791001511,"gmtModify":1703819389141,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Diversification.","listText":"Diversification.","text":"Diversification.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160602899","repostId":"1150591447","repostType":4,"repost":{"id":"1150591447","pubTimestamp":1623769391,"share":"https://ttm.financial/m/news/1150591447?lang=&edition=fundamental","pubTime":"2021-06-15 23:03","market":"us","language":"en","title":"Here's a complete trader playbook for every outcome from the key Fed meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1150591447","media":"CNBC","summary":"The Federal Reserve’s all-important policy meeting this week is going to affect where investors put ","content":"<div>\n<p>The Federal Reserve’s all-important policy meeting this week is going to affect where investors put their money to work going forward.\nThe Federal Open Market Committee,which will conclude its two-day...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's a complete trader playbook for every outcome from the key Fed meeting</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\">\nHere's a complete trader playbook for every outcome from the key Fed meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s all-important policy meeting this week is going to affect where investors put their money to work going forward.\nThe Federal Open Market Committee,which will conclude its two-day...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html\">Web 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",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150591447","content_text":"The Federal Reserve’s all-important policy meeting this week is going to affect where investors put their money to work going forward.\nThe Federal Open Market Committee,which will conclude its two-day meeting Wednesday, could start preliminary discussions about scaling back the unprecedented bond-buying programs that aided the economy during the pandemic. Some market participants believe it’s still too soon for the central bank to signal such a tapering action, while others think the Fed will be able to find a happy medium that won’t upset the markets.\nEach scenario has different investing implications as they are expected to make big moves across asset classes.\nHere’s a playbook for traders on every scenario from the central bank’s key meeting.\nIf the Fed signals it’s staying with easy policies\nThe Fed could reiterate its transitory stance on inflation, ignoring the pick-up in price pressures reflected in recent economic data. If the central bank says its not time to remove accommodative policies and it’s not concerned about inflation, investors should stick with hedges against rising prices like commodities and stocks with high pricing power, investment banks found.\nBank of America screened S&P 500 companies that its analysts believe have the most pricing power and ability to expand margins at times of rising prices. The stocks include a few chipmakers —Nvidia,Texas InstrumentsandBroadcom— as well as consumer plays likeHome Depot,NikeandPepsiCo.Energy dividend payerExxon Mobilis also on the list.\nUBS also developed a framework for scoring corporate pricing agility, which considers pricing power, margin momentum and input cost exposure. For pricing power, UBS quantified the extent to which a company can raise prices over and above costs. For margin momentum, UBS tracked corporate pricing trends using its proprietary pricing mapping.\nFor input cost exposure, UBS searched for companies with negative sentiment around commodity and transport costs on earnings calls.\n\nBillionaire hedge fund manager Paul Tudor Jones said earlier this week that investors should “go all in on the inflation trades” if the Fed keeps ignoring higher prices.\n“If they treat these numbers — which were material events, they were very material —if they treat them with nonchalance, I think it’s just a green light to bet heavily on every inflation trade,” Tudor Jones said on “Squawk Box”on Monday.\n“If they say, ‘We’re on path, things are good,’ then I would just go all in on the inflation trades. I’d probably buy commodities, buy crypto, buy gold,” added Tudor Jones, who called the stock market crash in 1987.\nThe legendary investor believe cryptocurrencies and other commodities are favorable inflation hedges. Other than buying the commodities outright, investors could also bet on related exchange-traded funds, like gold miner ETFs.\nThe VanEck Vectors Gold Miners ETF (GDX),the biggest gold miner ETF with more than $14 billion in assets under management, has outperformed the populargold ETF GLDso far this year.\nIf the Fed signals it’s time to start removing easy policies\nAnother widely speculated scenario is for the Fed to signal that it’s nearing the time to dial back easy policy saying it will start tapering soon and move up its forecast for a rate increase. Under such a case where the central bank isn’t sufficiently dovish, many expect bond yields to shoot higher.\n“It could easily move longer yields higher,” said Kristina Hooper, Invesco’s chief global market strategist. “A revised dot plot could be one way to do that if it shows the anticipation of earlier or more aggressive rate hikes. And Fed Chair Jay Powell could easily push rates up if he shares that the Fed has started discussing tapering or suggests tapering could start in the next several months.”\nTudor Jones warned that this scenario could lead to another taper tantrum that could cause a correction in stocks.\n“If they course correct, if they say, ‘We’ve got incoming data, we’ve accomplished our mission or we’re on the way very rapidly to accomplishing our mission on employment,’ then you’re going to get a taper tantrum,”Tudor Jones said on Monday. “You’re going to get a sell-off in fixed income. You’re going to get a correction in stocks.”\nCNBC Pro combed through the returns of all S&P 500 stocks during the last five significant spikes in the 10-year Treasury yield. These five periods of a sharp move in rates occurred between 2003 and 2006, 2008 and 2009, 2012 and 2013, 2016 and 2018, and 2020 through now.\nAfter we found the stocks that beat the market every time, we looked for the names that are well-loved by analysts on Wall Street today. The stocks’ average gains during those rising interest rate periods are listed below, along with the percentage of analysts with buy ratings right now.\n\nBank of America’s head of U.S. equity and quantitative strategy Savita Subramanian is advising clients to buy high-quality stocks when tapering nears. High-quality stocks have a “B+” or better S&P quality rating.\nSubramanian said during the 2013 taper tantrum, high-quality names outperformed their low-quality counterparts by 1.3 percentage points from peak to trough in May and June.\nA hint at removing stimulus could also hurt stocks that are most sensitive to the economic recovery, including cyclicals like financials, energy and materials.\n“More hawkish = lower growth. Cyclicals should underperform,” Dennis DeBusschere, macro research analyst at Evercore ISI, said in a note. “The fact that hawkish concerns are being brought up at the same time people believe the reflation trade is in trouble and you have a poor Cyclical backdrop.”\nSo far in 2021, the energy sector has been the biggest winner among the 11 S&P 500 groupings, up 46%. Financials and real estate both gained more than 20% this year.\nIf the Fed makes both camps happy\nA third scenario could occur in which the Fed signals that it is concerned about inflation, but the central bank is not yet ready to taper.\nIf Fed chair Jerome Powell admits the discussion of tapering but nothing has been decided, then the market will likely see a modest rally, led by tech stocks, according to Tom Essaye, founder of the Sevens Report.\n“This is essentially the outcome that Powell and the Fed have been telegraphing for the past several weeks,” Essaye said. “This would be a continuation of the past two weeks’ Goldilocks market outlook. This outcome would help the S&P 500 extend last week’s breakout.”\nInvestors have been rotating back to tech as of late with bond yields coming down. The tech-heavyNasdaq Compositehas rallied about 2.5% this month, hitting a record close on Monday, its first all-time high since April 26. In comparison, the S&P 500 has risen just under 1% in June.\n“This is what the Fed has been doing for the last several months — warning that an inflation surge was coming but that it is transitory so no need to taper,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC. “Moreover, this is probably the most expected outcome from the Fed meeting.”\n“Yes, there may be comments by members that the time to start talking about tapering is here, but I think Powell will continue to suggest that inflation is up as expected but is not yet acting any differently than anticipated,” added Paulsen.\nThis year’s pullback in tech stocks has opened some opportunities in high-quality names that are now trading at a discount, according to top-rated technology analyst Toni Sacconaghi of Bernstein.\nThe Wall Street firm found several technology stocks that have inexpensive valuations and are high in quality. Bernstein screened for the cheapest tech names based on their forward price-to-earnings ratio. The firm also assigned each stock with a quality score.","news_type":1},"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160600500,"gmtCreate":1623789669400,"gmtModify":1703819380034,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Take cover for now.","listText":"Take cover for now.","text":"Take cover for now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160600500","repostId":"1163235288","repostType":4,"repost":{"id":"1163235288","pubTimestamp":1623767725,"share":"https://ttm.financial/m/news/1163235288?lang=&edition=fundamental","pubTime":"2021-06-15 22:35","market":"us","language":"en","title":"Cramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’","url":"https://stock-news.laohu8.com/highlight/detail?id=1163235288","media":"cnbc","summary":"KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implicati","content":"<div>\n<p>KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implications, CNBC’s Jim Cramer said Tuesday.\nCramer worried Powell could make a mistake during the Q&A ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’</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\">\nCramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 22:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implications, CNBC’s Jim Cramer said Tuesday.\nCramer worried Powell could make a mistake during the Q&A ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1163235288","content_text":"KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implications, CNBC’s Jim Cramer said Tuesday.\nCramer worried Powell could make a mistake during the Q&A portion that hits the stock market.\nThe “Mad Money” host also reiterated that he shares Powell’s inflation outlook, believing the rise in prices is likely to be temporary during the Covid recovery.\n\nCNBC’sJim Crameron Tuesday warned about the stock market implications of Federal Reserve ChairmanJerome Powell’s upcoming post-meeting news conference.\nThe Fed is set to release its policy statement at 2 p.m. ET on Wednesday, at the conclusion of its two-day June gathering. Powell’s Q&A session with reporters is scheduled to follow. Powell’s comments are beinghighly anticipated across Wall Street, as traders and investors look for fresh insights into how the Fed will respond to aseries of recent data pointsshowing inflation across the U.S. economy.\nOn“Squawk Box,”Cramer said he expects Powell to face “endless heckling” from journalists about whether the central bank’s highly accommodative monetary policy remains appropriate at this stage of the economy’s recovery from the Covid pandemic.\nPowell “has been saying, ‘I’m going to stay the course, stay the course.’ But there’s just this tortuous Q&A thing that he does, where it’s just a nightmare,” the“Mad Money”host said.\n“There are going to be people who just ask about the [producer price index] eight straight times, and they’re going to try and wear him down and maybe at one point he’s just worn down and he goes, ‘Yeah I know we’re buying too many mortgages’ ... or he slips up,” Cramer suggested.\nThe Labor Department on Tuesday said the PPI in Mayrose a hot 6.6% year over year, the largest 12-month increase on record. That comes after last week’sbig spike in consumer prices.\n“I mean, Jay is really practiced, but on the eighth question or the ninth question, I think he’s going to say, ‘Listen, I’m going to look at this,’ and that’s going to freak people out,” Cramer continued.\nAsked by CNBC’sAndrew Ross Sorkinabout how, exactly, stocks might react in that hypothetical scenario, Cramer responded: “Market goes down big, and we go down for about four, five days.”\nCramer also reiterated that he shares Powell’s inflation outlook, believing the rise in prices is likely to be temporary during the Covid recovery, justifying the Fed’s near-zero interest rates and asset purchase program.","news_type":1},"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160877269,"gmtCreate":1623789531851,"gmtModify":1703819378080,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Huge bet! Good luck!","listText":"Huge bet! Good luck!","text":"Huge bet! Good luck!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160877269","repostId":"1121368819","repostType":4,"repost":{"id":"1121368819","pubTimestamp":1623769287,"share":"https://ttm.financial/m/news/1121368819?lang=&edition=fundamental","pubTime":"2021-06-15 23:01","market":"us","language":"en","title":"GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis","url":"https://stock-news.laohu8.com/highlight/detail?id=1121368819","media":"cnbc","summary":"Cruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.The new credit is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles.This past month, GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.Cruise, a majority-owned subsidiary ofGeneral Motors, has se","content":"<div>\n<p>KEY POINTS\n\nCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.\nThe new ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis</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\">\nGM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.\nThe new ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车"},"source_url":"https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121368819","content_text":"KEY POINTS\n\nCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.\nThe new credit is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles.\nThis past month, GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.\n\nCruise, a majority-owned subsidiary ofGeneral Motors, has secured a new $5 billion line of credit as it prepares for commercialization of its autonomous ride-hailing business.\nThe new credit, announced Tuesday, is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles, which GM isexpected to begin producingat a factory in Detroit in early 2023. It brings Cruise's war chest to more than $10 billion, according to Cruise CEO Dan Ammann.\n″$10 billion. It’s a big number. However, when you think about what we’re building - safer, cleaner, and more accessible transportation for the world - you quickly realize it’s also a necessary number,” Ammann said in a blog post. “This is an incredibly exciting time for Cruise.”\nUltimately, GM Finance is providing Cruise credit instead of the company attempting to raise outside capital, which it has done in the past. GM acquired Cruise in 2016. Since then, it has brought on investors such as Honda Motor, SoftBank Vision Fund and, more recently, Walmart and Microsoft.\nThis past month, Cruise said GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.\nThe Origin, which wasunveiled in January 2020, is the company’s first vehicle specifically designed to operate without a driver on board. It does not have manual controls such as pedals or a steering wheel.\nThe new credit line and pre-production model announcements follow Cruise earlier this month becoming the first autonomous vehicle developer to obtain a permit from the California Public Utilities Commission to givepassengers rides in prototype robotaxis.\nCommercializing autonomous vehicles has been far more challenging than many predicted even a few years ago. The challenges have led to a consolidation in the autonomous vehicle sector after years of enthusiasm touting the technology as the next multitrillion-dollar market for transportation companies.\nCruise was expected to launch a ride-hailing service for the public in San Francisco in 2019. The company delayed those plans that year to conduct further testing. It has been operating an employee ride-hailing service with a current fleet of autonomous vehicles in San Francisco for several years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160874579,"gmtCreate":1623789247491,"gmtModify":1703819377106,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"History will repeat.... Time to hedge our investment.","listText":"History will repeat.... Time to hedge our investment.","text":"History will repeat.... Time to hedge our investment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160874579","repostId":"1147269544","repostType":4,"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160875458,"gmtCreate":1623788779374,"gmtModify":1703819375317,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Agree. Get your lifeboat ready!","listText":"Agree. Get your lifeboat ready!","text":"Agree. Get your lifeboat ready!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160875458","repostId":"1187337744","repostType":4,"repost":{"id":"1187337744","pubTimestamp":1623770439,"share":"https://ttm.financial/m/news/1187337744?lang=&edition=fundamental","pubTime":"2021-06-15 23:20","market":"us","language":"en","title":"FOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1187337744","media":"zerohedge","summary":"Perhaps it's prudent to ease up on the throttle.","content":"<p>There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.</p>\n<p><u><i><b>Big picture … did the Fed move the goal posts?</b></i></u></p>\n<p>Let's look at some numbers.</p>\n<p>Monthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -<b>these are real scary when they're annualized</b>.</p>\n<p>GDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.</p>\n<p>With these numbers, U.S. monetary is still \"<b>all in.\"</b></p>\n<p>Overnight rates are at 0% and QE running at $120 billion a month.</p>\n<p><b>On top of that, there will be more stimulus as the economy continues to reopen.</b></p>\n<p>In my book, this economic situation calls for attention.</p>\n<p><u><i><b>It's like the Titanic running at full speed. In fog. At night.</b></i></u></p>\n<p>Perhaps it's prudent to ease up on the throttle.</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"</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\">\nFOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.\nBig picture … ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187337744","content_text":"There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.\nBig picture … did the Fed move the goal posts?\nLet's look at some numbers.\nMonthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -these are real scary when they're annualized.\nGDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.\nWith these numbers, U.S. monetary is still \"all in.\"\nOvernight rates are at 0% and QE running at $120 billion a month.\nOn top of that, there will be more stimulus as the economy continues to reopen.\nIn my book, this economic situation calls for attention.\nIt's like the Titanic running at full speed. In fog. At night.\nPerhaps it's prudent to ease up on the throttle.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":160431266,"gmtCreate":1623803924055,"gmtModify":1703819821290,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"No worries... It is rotational play in the market.","listText":"No worries... It is rotational play in the market.","text":"No worries... It is rotational play in the market.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/160431266","repostId":"1142443814","repostType":2,"repost":{"id":"1142443814","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":1623802730,"share":"https://ttm.financial/m/news/1142443814?lang=&edition=fundamental","pubTime":"2021-06-16 08:18","market":"us","language":"en","title":"3 Reasons Tech Stocks May Continue To Struggle","url":"https://stock-news.laohu8.com/highlight/detail?id=1142443814","media":"Benzinga","summary":"So far in 2021, the Vanguard Value Index Fund ETF is up 17.4% nearly double the year-to-date return ","content":"<p>So far in 2021, the&nbsp;<b>Vanguard Value Index Fund ETF</b>&nbsp;is up 17.4% nearly double the year-to-date return of the<b>Technology Select Sector SPDR Fund</b>.</p>\n<p>Over the past decade, periods of time in which tech stocks have lagged value stocks have been short and sweet, but LPL Financial said there are at least three reasons why tech may no longer be leading the market higher for the foreseeable future.</p>\n<ul>\n <li>First, many tech stocks that thrived during the period of social distancing and remote working will face extremely difficult comps and report growth slowdowns in the next several quarters. At the same time, value stocks in the industrials, materials and energy sectors that struggled during the shutdowns will experience the tailwinds of pent-up demand from the reopening.</li>\n <li>Second, the tech sector’s current forward earnings multiple of 25 is relatively high compared to its historical average. In addition, the Russell 1,000 Growth Index is currently valued at a 60% premium to the Russell 1,000 Value Index, its highest premium in the past 20 years.</li>\n <li>Third, the technology sector appears to be rolling over from a technical standpoint. The sector has lagged the S&amp;P 500 since the beginning of September, suggesting technology’s momentum has stalled out.</li>\n</ul>\n<p>“It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” LPL Equity Strategist Jeffrey Buchbindersaid Tuesday.“But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”</p>\n<p><b>Benzinga’s Take:</b>Just because tech stocks are no longer leading the market higher doesn’t mean investors should dump all their tech holdings for value stocks. There will still certainly be outperformers within the tech sector that are among the largest gainers in the market in 2021, but the easy money that has come from investing in the sector as a whole in the past decade may be much harder to come by in the next several quarters.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Tech Stocks May Continue To Struggle</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Tech Stocks May Continue To Struggle\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\">2021-06-16 08:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>So far in 2021, the&nbsp;<b>Vanguard Value Index Fund ETF</b>&nbsp;is up 17.4% nearly double the year-to-date return of the<b>Technology Select Sector SPDR Fund</b>.</p>\n<p>Over the past decade, periods of time in which tech stocks have lagged value stocks have been short and sweet, but LPL Financial said there are at least three reasons why tech may no longer be leading the market higher for the foreseeable future.</p>\n<ul>\n <li>First, many tech stocks that thrived during the period of social distancing and remote working will face extremely difficult comps and report growth slowdowns in the next several quarters. At the same time, value stocks in the industrials, materials and energy sectors that struggled during the shutdowns will experience the tailwinds of pent-up demand from the reopening.</li>\n <li>Second, the tech sector’s current forward earnings multiple of 25 is relatively high compared to its historical average. In addition, the Russell 1,000 Growth Index is currently valued at a 60% premium to the Russell 1,000 Value Index, its highest premium in the past 20 years.</li>\n <li>Third, the technology sector appears to be rolling over from a technical standpoint. The sector has lagged the S&amp;P 500 since the beginning of September, suggesting technology’s momentum has stalled out.</li>\n</ul>\n<p>“It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” LPL Equity Strategist Jeffrey Buchbindersaid Tuesday.“But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”</p>\n<p><b>Benzinga’s Take:</b>Just because tech stocks are no longer leading the market higher doesn’t mean investors should dump all their tech holdings for value stocks. There will still certainly be outperformers within the tech sector that are among the largest gainers in the market in 2021, but the easy money that has come from investing in the sector as a whole in the past decade may be much harder to come by in the next several quarters.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142443814","content_text":"So far in 2021, the Vanguard Value Index Fund ETF is up 17.4% nearly double the year-to-date return of theTechnology Select Sector SPDR Fund.\nOver the past decade, periods of time in which tech stocks have lagged value stocks have been short and sweet, but LPL Financial said there are at least three reasons why tech may no longer be leading the market higher for the foreseeable future.\n\nFirst, many tech stocks that thrived during the period of social distancing and remote working will face extremely difficult comps and report growth slowdowns in the next several quarters. At the same time, value stocks in the industrials, materials and energy sectors that struggled during the shutdowns will experience the tailwinds of pent-up demand from the reopening.\nSecond, the tech sector’s current forward earnings multiple of 25 is relatively high compared to its historical average. In addition, the Russell 1,000 Growth Index is currently valued at a 60% premium to the Russell 1,000 Value Index, its highest premium in the past 20 years.\nThird, the technology sector appears to be rolling over from a technical standpoint. The sector has lagged the S&P 500 since the beginning of September, suggesting technology’s momentum has stalled out.\n\n“It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” LPL Equity Strategist Jeffrey Buchbindersaid Tuesday.“But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”\nBenzinga’s Take:Just because tech stocks are no longer leading the market higher doesn’t mean investors should dump all their tech holdings for value stocks. There will still certainly be outperformers within the tech sector that are among the largest gainers in the market in 2021, but the easy money that has come from investing in the sector as a whole in the past decade may be much harder to come by in the next several quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161308507,"gmtCreate":1623903427709,"gmtModify":1703823114458,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Chips is needed in almost anything we own.","listText":"Chips is needed in almost anything we own.","text":"Chips is needed in almost anything we own.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/161308507","repostId":"1185234443","repostType":4,"repost":{"id":"1185234443","pubTimestamp":1623901625,"share":"https://ttm.financial/m/news/1185234443?lang=&edition=fundamental","pubTime":"2021-06-17 11:47","market":"us","language":"en","title":"Intel CEO sees ’10 good years’ of chip industry growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1185234443","media":"CNBC","summary":"KEY POINTS\n\nIntel CEO Pat Gelsinger said that he expects 10 “good years” of growth in the semiconduc","content":"<div>\n<p>KEY POINTS\n\nIntel CEO Pat Gelsinger said that he expects 10 “good years” of growth in the semiconductor industry during a panel at CNBC’s Evolve conference on Wednesday.\nThe remark suggests that Intel...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/intel-ceo-sees-10-good-years-of-chip-industry-growth.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel CEO sees ’10 good years’ of chip industry growth</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\">\nIntel CEO sees ’10 good years’ of chip industry growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 11:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/intel-ceo-sees-10-good-years-of-chip-industry-growth.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIntel CEO Pat Gelsinger said that he expects 10 “good years” of growth in the semiconductor industry during a panel at CNBC’s Evolve conference on Wednesday.\nThe remark suggests that Intel...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/intel-ceo-sees-10-good-years-of-chip-industry-growth.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","NVDA":"英伟达","QCOM":"高通"},"source_url":"https://www.cnbc.com/2021/06/16/intel-ceo-sees-10-good-years-of-chip-industry-growth.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1185234443","content_text":"KEY POINTS\n\nIntel CEO Pat Gelsinger said that he expects 10 “good years” of growth in the semiconductor industry during a panel at CNBC’s Evolve conference on Wednesday.\nThe remark suggests that Intel’s investments in chip production, such as plans to spend $20 billion to build a chip fabrication plant in Arizona, will create capacity that will be used even after the current global microchip shortage abates.\nQualcomm CEO Cristiano Amon said he sees an opportunity to partner with Intel and its foundry service.\n\nPat Gelsinger, CEO of Intel, speaks in Santa Monica, Calif., on March 9, 2017, in a photo taken when he was CEO of VMware.\nIntel CEO Pat Gelsinger said that he expects 10 “good years” of growth in the semiconductor industry during a panel at CNBC’s Evolve conference on Wednesday.\n“We believe the market, the world, is in a very expansionary period,” Gelsinger told CNBC’s Jon Fortt. “I predict there’s 10 good years in front of us, because the world is becoming more digital, and everything digital needs semiconductors.”\nThe remark suggests that Intel’s investments in chip production, such as plans to spend $20 billion to build a chip fabrication plant in Arizona, will create capacity that will be used even after the current global microchip shortage abates. Intel also recently announced plans to become a “foundry,” or a company that manufactures microchips for other companies.\nGelsinger said Intel planned to announce an additional “mega fab” in the U.S. or Europe before the end of the year.\nGelsinger was appearing at a CNBC panel alongside Qualcomm CEO Cristiano Amon. Both started leading their companies earlier this year.\nWhile the companies are rivals, the CEOs downplayed the competition, and suggested the two chipmakers could end up partnering in areas where they don’t overlap. Qualcomm makes (among other things) chips that connect to 5G networks, while Intel mainly builds central processing units (CPUs) that provide base computing power.\n“You know, we are the unquestioned compute leader, and Qualcomm’s the unquestioned comms leader. Compute meets comms. Right, a lot of new use cases,” Gelsinger said.\nAmon said that he believed that Intel’s foundry plan could be an advantage for Qualcomm, which uses outside foundries to make its chips.\n“There’s a lot of opportunities for the companies to cooperate. Look, we look at Intel and Qualcomm at true technology companies in the United States, we do a lot of advanced and fundamental research to push the industry forward,” Amon said.\nThe two companies do share some strategic concerns. They are both likely to be boosted by a package included in a technology bill currently in the U.S. House of Representatives that would provide $52 billion to fund semiconductor research, design and manufacturing.\n“We’re also very happy about building a much more resilient supply chain, with the on-shoring of semiconductor manufacturing, I think that’s also very important,” Amon said. “You need investment at this order of magnitude for that to happen.”\nBoth companies are also closely watching rival Nvidia’s purchase of Arm from SoftBank for $40 billion. Arm technology is especially important for Qualcomm, because it is essential for designing the kind of low-power microprocessors smartphones use.\nThe deal is also making chip companies nervous that they would need to license essential intellectual property from a competitor, and is facing regulatory challenges in Europe. Currently, Arm doesn’t make any full chips — it just designs underlying technology. On Monday, an Arm spokesperson told CNBC that the company is “extremely confident” that the deal will be approved.\nOver the weekend,Amon told a U.K. newspaper that if the transaction was blocked or Arm otherwise stayed independent, Qualcomm would be interested in investing in Arm.\nWhen asked about Amon’s comment, Gelsinger said: “We are on record saying we’re concerned about the Nvidia-Arm acquisition. And if there were other approaches possible, we’d definitely be interested in understanding them.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160874579,"gmtCreate":1623789247491,"gmtModify":1703819377106,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"History will repeat.... Time to hedge our investment.","listText":"History will repeat.... Time to hedge our investment.","text":"History will repeat.... Time to hedge our investment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160874579","repostId":"1147269544","repostType":4,"repost":{"id":"1147269544","pubTimestamp":1623770166,"share":"https://ttm.financial/m/news/1147269544?lang=&edition=fundamental","pubTime":"2021-06-15 23:16","market":"us","language":"en","title":"Michael \"Big Short\" Burry: This Is The Greatest Bubble Of All Time In All Things \"By Two Orders Of Magnitude\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1147269544","media":"zerohedge","summary":"Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he p","content":"<p>Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he picked up on the theme of Weimar Germany and specifically its<b>hyperinflation, as the blueprint for what comes next</b>in a lengthy tweetstorm cribbing generously fromParsson's seminal work, warning that<b>:</b></p>\n<p><b>\"The US government is inviting inflation with its MMT-tinged policies. Brisk Debt/GDP, M2 increases while retail sales, PMI stage V recovery</b>. Trillions more stimulus &amp; re-opening to boost demand as employee and supply chain costs skyrocket.\"</p>\n<p>#ParadigmShift</p>\n<p>\"The life of the inflation in its ripening stage was a paradox which had its own unmistakable characteristics. One was the great wealth, at least of those favored by the boom..Many great fortunes sprang up overnight...The cities, had an aimless and wanton youth\"</p>\n<p>\"Prices in Germany were steady, and both business and the stock market were booming. The exchange rate of the mark against the dollar and other currencies actually rose for a time, and the mark was momentarily the strongest currency in the world\" on inflation's eve.</p>\n<p><b>\"Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared.\"</b></p>\n<p><b>\"Accounts of the time tell of a progressive demoralization which crept over the common people, compounded of their weariness with the breakneck pace, to no visible purpose, and their fears from watching their own precarious positions slip while others grew so conspicuously rich.\"</b></p>\n<p>\"Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.\"</p>\n<p><b>\"Speculation alone, while adding nothing to Germany's wealth, became one of its largest activities. The fever to join in turning a quick mark infected nearly all classes..Everyone from the elevator operator up was playing the market.\"</b></p>\n<p>\"The volumes of turnover in securities on the Berlin Bourse became so high that the financial industry could not keep up with the paperwork...and the Bourse was obliged to close several days a week to work off the backlog\" #<i>robinhooddown</i></p>\n<p>\"all the marks that existed in the world in the summer of 1922 were not worth enough, by November of 1923, to buy a single&nbsp; newspaper or a tram ticket. That was the spectacular part of the collapse, but most of the real loss in money wealth had been suffered much earlier.\"</p>\n<p>\"Throughout these years the structure was quietly building itself up for the blow.<b>Germany's #inflationcycle ran not for a year but for nine years, representing eight years of gestation and only one year of #collapse.\"</b></p>\n<p>His punchline: the above was \"written in 1974 re: 1914-1923\" and then makes the ominous extrapolation that \"<b>2010-2021: Gestation</b>\" adding that \"when dollars might as well be falling from the sky...management teams get creative and ultimately take more risk.. paying out debt-financed dividends to investors or investing in risky growth opportunities has beaten a frugal mentality hands down.\"</p>\n<p><img src=\"https://static.tigerbbs.com/c531b21050b42425510a30125935555e\" tg-width=\"500\" tg-height=\"395\">And, as if reading from the same playbook,<b>Paul Tudor Jones warned yesterday that things are \"bat shit crazy\"</b>and if Jay Powell</p>\n<blockquote>\n <i><b>“The idea that inflation is transitory, to me ... that one just doesn’t work the way I see the world.\"</b></i>\n</blockquote>\n<p>All of which led to Burry's latest tweet warning this morning...</p>\n<blockquote>\n <i><b>\"People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.</b></i>#FlyingPigs360\"\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/afafeb68134e031ca871659bd8dbc595\" tg-width=\"512\" tg-height=\"261\">In other words:<i><b>\"Brace!\"</b></i></p>\n<p>So what are you going to do about it?</p>\n<p>Tudor Jones had some simple advice: \"<b>buy commodities, buy crypto, buy gold.\"</b></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael \"Big Short\" Burry: This Is The Greatest Bubble Of All Time In All Things \"By Two Orders Of Magnitude\"</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\">\nMichael \"Big Short\" Burry: This Is The Greatest Bubble Of All Time In All Things \"By Two Orders Of Magnitude\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/michael-big-short-burry-greatest-bubble-all-time-all-things-two-orders-magnitude><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he picked up on the theme of Weimar Germany and specifically itshyperinflation, as the blueprint for ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/michael-big-short-burry-greatest-bubble-all-time-all-things-two-orders-magnitude\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/michael-big-short-burry-greatest-bubble-all-time-all-things-two-orders-magnitude","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147269544","content_text":"Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he picked up on the theme of Weimar Germany and specifically itshyperinflation, as the blueprint for what comes nextin a lengthy tweetstorm cribbing generously fromParsson's seminal work, warning that:\n\"The US government is inviting inflation with its MMT-tinged policies. Brisk Debt/GDP, M2 increases while retail sales, PMI stage V recovery. Trillions more stimulus & re-opening to boost demand as employee and supply chain costs skyrocket.\"\n#ParadigmShift\n\"The life of the inflation in its ripening stage was a paradox which had its own unmistakable characteristics. One was the great wealth, at least of those favored by the boom..Many great fortunes sprang up overnight...The cities, had an aimless and wanton youth\"\n\"Prices in Germany were steady, and both business and the stock market were booming. The exchange rate of the mark against the dollar and other currencies actually rose for a time, and the mark was momentarily the strongest currency in the world\" on inflation's eve.\n\"Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared.\"\n\"Accounts of the time tell of a progressive demoralization which crept over the common people, compounded of their weariness with the breakneck pace, to no visible purpose, and their fears from watching their own precarious positions slip while others grew so conspicuously rich.\"\n\"Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.\"\n\"Speculation alone, while adding nothing to Germany's wealth, became one of its largest activities. The fever to join in turning a quick mark infected nearly all classes..Everyone from the elevator operator up was playing the market.\"\n\"The volumes of turnover in securities on the Berlin Bourse became so high that the financial industry could not keep up with the paperwork...and the Bourse was obliged to close several days a week to work off the backlog\" #robinhooddown\n\"all the marks that existed in the world in the summer of 1922 were not worth enough, by November of 1923, to buy a single  newspaper or a tram ticket. That was the spectacular part of the collapse, but most of the real loss in money wealth had been suffered much earlier.\"\n\"Throughout these years the structure was quietly building itself up for the blow.Germany's #inflationcycle ran not for a year but for nine years, representing eight years of gestation and only one year of #collapse.\"\nHis punchline: the above was \"written in 1974 re: 1914-1923\" and then makes the ominous extrapolation that \"2010-2021: Gestation\" adding that \"when dollars might as well be falling from the sky...management teams get creative and ultimately take more risk.. paying out debt-financed dividends to investors or investing in risky growth opportunities has beaten a frugal mentality hands down.\"\nAnd, as if reading from the same playbook,Paul Tudor Jones warned yesterday that things are \"bat shit crazy\"and if Jay Powell\n\n“The idea that inflation is transitory, to me ... that one just doesn’t work the way I see the world.\"\n\nAll of which led to Burry's latest tweet warning this morning...\n\n\"People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.#FlyingPigs360\"\n\nIn other words:\"Brace!\"\nSo what are you going to do about it?\nTudor Jones had some simple advice: \"buy commodities, buy crypto, buy gold.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187520391,"gmtCreate":1623759550213,"gmtModify":1703818360531,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Great! The bull continues.","listText":"Great! The bull continues.","text":"Great! The bull continues.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187520391","repostId":"1127660571","repostType":4,"repost":{"id":"1127660571","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623760680,"share":"https://ttm.financial/m/news/1127660571?lang=&edition=fundamental","pubTime":"2021-06-15 20:38","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1127660571","media":"Tiger Newspress","summary":"Stock futures edge up ahead of retail sales data.\nS&P 500 index is headed toward its 30th record clo","content":"<ul>\n <li>Stock futures edge up ahead of retail sales data.</li>\n <li>S&amp;P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.</li>\n <li><b>Increase in in PPI over past 12 months rises to 6.6% from 6.2%.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n</ul>\n<p>(June 15)&nbsp;<b>Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record.</b>&nbsp;Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.</p>\n<p>On a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.</p>\n<p><b>Stock&nbsp;Market</b></p>\n<p>U.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.</p>\n<p>Futures tied to the S&amp;P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.</p>\n<p>At 8:38&nbsp;a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&amp;P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.</p>\n<p><img src=\"https://static.tigerbbs.com/86af5e5e5e4faf68b304fa020ca3a033\" tg-width=\"1242\" tg-height=\"487\"></p>\n<p>Investors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.</p>\n<p><b>Stocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics &amp; more</b></p>\n<p><b>1)&nbsp;Vroom(VRM)</b> – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.</p>\n<p><b>2)&nbsp;Ping Identity(PING) </b>– Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.</p>\n<p><b>3)&nbsp;Sage Therapeutics(SAGE)</b> – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.</p>\n<p><b>4)&nbsp;Boeing(BA) </b>– The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.</p>\n<p><b>5)&nbsp;Exxon Mobil(XOM) </b>– Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.</p>\n<p><b>6)&nbsp;Spirit Airlines(SAVE)</b> – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.</p>\n<p><b>7)&nbsp;Fastenal(FAST)</b> – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.</p>\n<p><b>8)&nbsp;AstraZeneca(AZN) </b>– AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.</p>\n<p><b>9)&nbsp;Cracker Barrel(CBRL)</b> – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.</p>\n<p><b>10)&nbsp;Novavax(NVAX)</b> – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.</p>\n<p><b>11)&nbsp;Intuit(INTU)</b> – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.</p>\n<p><b>12)&nbsp;Vimeo(VMEO)</b> – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-15 20:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Stock futures edge up ahead of retail sales data.</li>\n <li>S&amp;P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.</li>\n <li><b>Increase in in PPI over past 12 months rises to 6.6% from 6.2%.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n</ul>\n<p>(June 15)&nbsp;<b>Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record.</b>&nbsp;Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.</p>\n<p>On a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.</p>\n<p><b>Stock&nbsp;Market</b></p>\n<p>U.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.</p>\n<p>Futures tied to the S&amp;P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.</p>\n<p>At 8:38&nbsp;a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&amp;P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.</p>\n<p><img src=\"https://static.tigerbbs.com/86af5e5e5e4faf68b304fa020ca3a033\" tg-width=\"1242\" tg-height=\"487\"></p>\n<p>Investors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.</p>\n<p><b>Stocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics &amp; more</b></p>\n<p><b>1)&nbsp;Vroom(VRM)</b> – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.</p>\n<p><b>2)&nbsp;Ping Identity(PING) </b>– Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.</p>\n<p><b>3)&nbsp;Sage Therapeutics(SAGE)</b> – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.</p>\n<p><b>4)&nbsp;Boeing(BA) </b>– The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.</p>\n<p><b>5)&nbsp;Exxon Mobil(XOM) </b>– Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.</p>\n<p><b>6)&nbsp;Spirit Airlines(SAVE)</b> – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.</p>\n<p><b>7)&nbsp;Fastenal(FAST)</b> – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.</p>\n<p><b>8)&nbsp;AstraZeneca(AZN) </b>– AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.</p>\n<p><b>9)&nbsp;Cracker Barrel(CBRL)</b> – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.</p>\n<p><b>10)&nbsp;Novavax(NVAX)</b> – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.</p>\n<p><b>11)&nbsp;Intuit(INTU)</b> – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.</p>\n<p><b>12)&nbsp;Vimeo(VMEO)</b> – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127660571","content_text":"Stock futures edge up ahead of retail sales data.\nS&P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.\nIncrease in in PPI over past 12 months rises to 6.6% from 6.2%.\nU.S. retail sales minus gas and autos fall 0.8% in May.\nU.S. retail sales minus gas and autos fall 0.8% in May.\n\n(June 15) Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record. Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.\nOn a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.\nStock Market\nU.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.\nFutures tied to the S&P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.\nAt 8:38 a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.\n\nInvestors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.\nStocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics & more\n1) Vroom(VRM) – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.\n2) Ping Identity(PING) – Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.\n3) Sage Therapeutics(SAGE) – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.\n4) Boeing(BA) – The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.\n5) Exxon Mobil(XOM) – Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.\n6) Spirit Airlines(SAVE) – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.\n7) Fastenal(FAST) – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.\n8) AstraZeneca(AZN) – AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.\n9) Cracker Barrel(CBRL) – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.\n10) Novavax(NVAX) – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.\n11) Intuit(INTU) – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.\n12) Vimeo(VMEO) – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160600500,"gmtCreate":1623789669400,"gmtModify":1703819380034,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Take cover for now.","listText":"Take cover for now.","text":"Take cover for now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160600500","repostId":"1163235288","repostType":4,"repost":{"id":"1163235288","pubTimestamp":1623767725,"share":"https://ttm.financial/m/news/1163235288?lang=&edition=fundamental","pubTime":"2021-06-15 22:35","market":"us","language":"en","title":"Cramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’","url":"https://stock-news.laohu8.com/highlight/detail?id=1163235288","media":"cnbc","summary":"KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implicati","content":"<div>\n<p>KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implications, CNBC’s Jim Cramer said Tuesday.\nCramer worried Powell could make a mistake during the Q&A ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’</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\">\nCramer warns stock market could sink if Fed chief Powell ‘slips up’ during ‘endless heckling’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 22:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implications, CNBC’s Jim Cramer said Tuesday.\nCramer worried Powell could make a mistake during the Q&A ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/06/15/cramer-market-could-sink-if-feds-powell-slips-up-during-heckling.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1163235288","content_text":"KEY POINTS\n\nFed Chairman Jerome Powell’s news conference Wednesday could have major market implications, CNBC’s Jim Cramer said Tuesday.\nCramer worried Powell could make a mistake during the Q&A portion that hits the stock market.\nThe “Mad Money” host also reiterated that he shares Powell’s inflation outlook, believing the rise in prices is likely to be temporary during the Covid recovery.\n\nCNBC’sJim Crameron Tuesday warned about the stock market implications of Federal Reserve ChairmanJerome Powell’s upcoming post-meeting news conference.\nThe Fed is set to release its policy statement at 2 p.m. ET on Wednesday, at the conclusion of its two-day June gathering. Powell’s Q&A session with reporters is scheduled to follow. Powell’s comments are beinghighly anticipated across Wall Street, as traders and investors look for fresh insights into how the Fed will respond to aseries of recent data pointsshowing inflation across the U.S. economy.\nOn“Squawk Box,”Cramer said he expects Powell to face “endless heckling” from journalists about whether the central bank’s highly accommodative monetary policy remains appropriate at this stage of the economy’s recovery from the Covid pandemic.\nPowell “has been saying, ‘I’m going to stay the course, stay the course.’ But there’s just this tortuous Q&A thing that he does, where it’s just a nightmare,” the“Mad Money”host said.\n“There are going to be people who just ask about the [producer price index] eight straight times, and they’re going to try and wear him down and maybe at one point he’s just worn down and he goes, ‘Yeah I know we’re buying too many mortgages’ ... or he slips up,” Cramer suggested.\nThe Labor Department on Tuesday said the PPI in Mayrose a hot 6.6% year over year, the largest 12-month increase on record. That comes after last week’sbig spike in consumer prices.\n“I mean, Jay is really practiced, but on the eighth question or the ninth question, I think he’s going to say, ‘Listen, I’m going to look at this,’ and that’s going to freak people out,” Cramer continued.\nAsked by CNBC’sAndrew Ross Sorkinabout how, exactly, stocks might react in that hypothetical scenario, Cramer responded: “Market goes down big, and we go down for about four, five days.”\nCramer also reiterated that he shares Powell’s inflation outlook, believing the rise in prices is likely to be temporary during the Covid recovery, justifying the Fed’s near-zero interest rates and asset purchase program.","news_type":1},"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187446445,"gmtCreate":1623763268887,"gmtModify":1703818539838,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Where is all the monies?","listText":"Where is all the monies?","text":"Where is all the monies?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187446445","repostId":"1175229651","repostType":4,"repost":{"id":"1175229651","pubTimestamp":1623761854,"share":"https://ttm.financial/m/news/1175229651?lang=&edition=fundamental","pubTime":"2021-06-15 20:57","market":"us","language":"en","title":"'Gonna Need More Stimmies' - US Retail Sales Plunged In May","url":"https://stock-news.laohu8.com/highlight/detail?id=1175229651","media":"zerohedge","summary":"With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in ret","content":"<p>With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in retail sales (<i>confirming BofA's recent perfect streak of predictions</i>), but the data was even worse, tumbling 1.3% MoM...</p>\n<p><img src=\"https://static.tigerbbs.com/45b8615441c602f54053c2e255ce180a\" tg-width=\"500\" tg-height=\"274\"><i>Source: Bloomberg</i></p>\n<p>Given the expected impact of autos from the chip shortage,<b>a \"cleaner\" number of the Ex-Autos print which was also a disaster,</b>tumbling 0.7% MoM (much worse than the 0.4% improvement expected)</p>\n<p><img src=\"https://static.tigerbbs.com/29613437d5cc305349ea8b7f9b50ab0f\" tg-width=\"500\" tg-height=\"272\"><i>Source: Bloomberg</i></p>\n<p>BofA's forecasts nailed it again:</p>\n<ul>\n <li>BofA said retail headline -1.4%, came in at -1.4%</li>\n <li>BofA said retail ex auto -0.6%, came in at -0.7%</li>\n</ul>\n<p>Building Materials saw the biggest drop, along with Motor Vehicles (as noted above). Nonstore retailers (online) also saw a decline in sales...</p>\n<p><img src=\"https://static.tigerbbs.com/6d94f95a16decd0cf5893fd4408feb6c\" tg-width=\"500\" tg-height=\"435\">As the base effect wears off so the insane YoY comps ease back too...</p>\n<p><img src=\"https://static.tigerbbs.com/049936d252903cc97f3b4cd8abec9044\" tg-width=\"500\" tg-height=\"273\"><i>Source: Bloomberg</i></p>\n<p>Finally, we note that retail inventories (supply) has reached a record low relative to retail sales (demand)...</p>\n<p><img src=\"https://static.tigerbbs.com/70b0549aa7160c7d4b2b96a17a25d15d\" tg-width=\"500\" tg-height=\"271\"><i>Source: Bloomberg</i></p>\n<p>How will The Fed interpret this? Transitory supply distress?</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Gonna Need More Stimmies' - US Retail Sales Plunged In May</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Gonna Need More Stimmies' - US Retail Sales Plunged In May\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 20:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/personal-finance/gonna-need-more-stimmies-us-retail-sales-plunged-may><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in retail sales (confirming BofA's recent perfect streak of predictions), but the data was even worse, ...</p>\n\n<a href=\"https://www.zerohedge.com/personal-finance/gonna-need-more-stimmies-us-retail-sales-plunged-may\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/personal-finance/gonna-need-more-stimmies-us-retail-sales-plunged-may","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175229651","content_text":"With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in retail sales (confirming BofA's recent perfect streak of predictions), but the data was even worse, tumbling 1.3% MoM...\nSource: Bloomberg\nGiven the expected impact of autos from the chip shortage,a \"cleaner\" number of the Ex-Autos print which was also a disaster,tumbling 0.7% MoM (much worse than the 0.4% improvement expected)\nSource: Bloomberg\nBofA's forecasts nailed it again:\n\nBofA said retail headline -1.4%, came in at -1.4%\nBofA said retail ex auto -0.6%, came in at -0.7%\n\nBuilding Materials saw the biggest drop, along with Motor Vehicles (as noted above). Nonstore retailers (online) also saw a decline in sales...\nAs the base effect wears off so the insane YoY comps ease back too...\nSource: Bloomberg\nFinally, we note that retail inventories (supply) has reached a record low relative to retail sales (demand)...\nSource: Bloomberg\nHow will The Fed interpret this? Transitory supply distress?","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161972224,"gmtCreate":1623903110768,"gmtModify":1703823102493,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Children need to play.","listText":"Children need to play.","text":"Children need to play.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161972224","repostId":"2143497767","repostType":4,"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169637141,"gmtCreate":1623832212883,"gmtModify":1703820797392,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Will oil rig builder benefit?","listText":"Will oil rig builder benefit?","text":"Will oil rig builder benefit?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169637141","repostId":"2143605967","repostType":4,"repost":{"id":"2143605967","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623831108,"share":"https://ttm.financial/m/news/2143605967?lang=&edition=fundamental","pubTime":"2021-06-16 16:11","market":"fut","language":"en","title":"Crude prices in Asia jump on robust demand, tight supply","url":"https://stock-news.laohu8.com/highlight/detail?id=2143605967","media":"Reuters","summary":"* China ramps up crude processing as margins improve\n* Asian refiners back from maintenance\n* Strong","content":"<p>* China ramps up crude processing as margins improve</p>\n<p>* Asian refiners back from maintenance</p>\n<p>* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high</p>\n<p>* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical</p>\n<p>SINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.</p>\n<p>High prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.</p>\n<p>Several popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.</p>\n<p>The spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.</p>\n<p>Spot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.</p>\n<p>\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.</p>\n<p>Major refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.</p>\n<p>Refineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.</p>\n<p>However, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.</p>\n<p>\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.</p>\n<p>While Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.</p>\n<p>\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.</p>\n<p>Energy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.</p>\n<p>\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.</p>\n<p>\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crude prices in Asia jump on robust demand, tight supply</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\">\nCrude prices in Asia jump on robust demand, tight supply\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-16 16:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* China ramps up crude processing as margins improve</p>\n<p>* Asian refiners back from maintenance</p>\n<p>* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high</p>\n<p>* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical</p>\n<p>SINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.</p>\n<p>High prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.</p>\n<p>Several popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.</p>\n<p>The spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.</p>\n<p>Spot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.</p>\n<p>\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.</p>\n<p>Major refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.</p>\n<p>Refineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.</p>\n<p>However, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.</p>\n<p>\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.</p>\n<p>While Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.</p>\n<p>\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.</p>\n<p>Energy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.</p>\n<p>\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.</p>\n<p>\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00662":"亚洲金融"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143605967","content_text":"* China ramps up crude processing as margins improve\n* Asian refiners back from maintenance\n* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high\n* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical\nSINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.\nHigh prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.\nSeveral popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.\nThe spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.\nSpot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.\n\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.\nMajor refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.\nRefineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.\nHowever, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.\n\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.\nWhile Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.\n\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.\nEnergy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.\n\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.\n\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187428914,"gmtCreate":1623762561238,"gmtModify":1703818509208,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Gamble!","listText":"Gamble!","text":"Gamble!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187428914","repostId":"2143735752","repostType":4,"repost":{"id":"2143735752","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1623750480,"share":"https://ttm.financial/m/news/2143735752?lang=&edition=fundamental","pubTime":"2021-06-15 17:48","market":"hk","language":"en","title":"What you need to know to start investing in cryptocurrency right now","url":"https://stock-news.laohu8.com/highlight/detail?id=2143735752","media":"Dow Jones","summary":"From Robinhood to SoFi Invest, Coinbase to Gemini to eToro, here are some of the ways to invest in c","content":"<p>From Robinhood to SoFi Invest, Coinbase to Gemini to eToro, here are some of the ways to invest in crypto -- and advice on whether you should dive in.</p>\n<p>MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through our links, but our recommendations are independent of any compensation that we may receive.</p>\n<p>It's been a hot year for cryptocurrencies, and 2021 isn't even halfway over. The total value of cryptocurrencies briefly surpassed $2.5 trillion in May as a plethora of new investors jumped in, and now approximately 14% of American adults own cryptocurrencies.</p>\n<p>Cryptocurrencies are digital assets that are exchanged online on exchanges like Coinbase . Cryptocurrencies are hardly new. Bitcoin, the first and largest cryptocurrency by market capitalization, was created in 2009 and has been followed by more than 7,700 others. You may have also heard of ethereum, tether, or even dogecoin, which began as a joke and now sits among the 10 largest cryptocurrencies.</p>\n<p>While some people are investing purely to speculate, others look at cryptos as a way to store value or hedge against inflation. Here's how to invest in crypto now, whether you should get into it, and what to know before you do.</p>\n<p><b>How to invest in cryptocurrencies</b></p>\n<p>While investing in cryptocurrencies has gone mainstream, it's not an option at many traditional online brokers -- yet. Here are a few brokers that allow you to directly hold cryptocurrencies alongside other assets like stocks and bonds, but fees vary and it's key to do your homework:</p>\n<p>TD Ameritrade, Interactive Brokers, and Charles Schwab offer bitcoin futures trading.</p>\n<p>If your broker doesn't offer cryptocurrencies, you might consider signing up for an account with a crypto exchange, such as <a href=\"https://laohu8.com/S/AONE\">one</a> of the following:</p>\n<p><b>Prepare for risk and volatility</b></p>\n<p>Not all cryptocurrencies are created alike, and each token has unique characteristics that help dictate its price swings. That's why it's important to learn as much as possible about a specific token before investing, including why it was created (what problem it's trying to solve) and by whom (the governance structure), recommends Chris Kupier, vice president of equity research at CFRA Research.</p>\n<p>\"The more you understand it, the more you're going to approach investing in the 'right' way,\" Kupier says. For example, he likens bitcoin to \"gold 2.0\" because the digital coin has a finite supply and is seen by some as a way to store value and hedge against inflation -- characteristics that don't apply to ethereum, for example. (Note that this bitcoin-is-the-new-gold take is certainly not shared by everyone, as this MarketWatch .</p>\n<p>Cryptocurrencies fall under the umbrella of alternative assets (like commodities or real estate) because they offer a way to diversify your portfolio and have a low correlation to other assets, like stocks and bonds, Kupier notes. But cryptocurrencies are volatile, and because trading occurs 24/7, 365 days a year, that allows traders to react immediately to news -- or even tweets . Indeed, this year, tweets from Elon Musk, CEO of Tesla, caused crypto prices to both jump and slump.</p>\n<p>\"Look, this is the Wild West, so you have to be ready for it,\" Kupier says. While bitcoin has experienced average annualized returns in excess of 200%, that's come with huge price slumps, he adds. \"You need to embrace the volatility if you want those gains.\"</p>\n<p>If you are ready to invest in crypto, here are a few of your options: Coinbase .</p>\n<p><b>Consider risk-reward dynamics</b></p>\n<p>Investing in crypto is not for everyone. Those who do dive in should remember this: Given the extreme volatility, moderation is key, notes Matt Schwartz, senior advisor and a certified financial planner with Great Waters Financial. Just as you shouldn't invest all of your money in <a href=\"https://laohu8.com/S/AONE.U\">one</a> asset -- like a stock or bond -- cryptocurrencies should have a limited impact on the risk-reward dynamics of your overall portfolio, he adds.</p>\n<p>\"If you have 2%-5% of your portfolio allocated to any asset class, that isn't going to move the needle on your overall portfolio that much,\" Schwartz says, adding that the exact allocation is unique to each investor. \"It's important to think about your own situation and how it may or may not help you accomplish your goals.\"</p>\n<p>Some investing pros say that if you do want to dive into crypto, a smart way to do it may be through dollar-cost averaging, which simply means investing a fixed amount at regular intervals. And be sure to consult an accountant about the tax implications of trading (it can get pricey).</p>\n<p>Finally, be mindful of how investment decisions affect you. \"Don't take on so much risk that you can't sleep at night,\" Kupier says. \"But the opposite is true: If you're constantly watching bitcoin because you have 0% invested and you're watching it go up, you probably need to buy a little of it for peace of mind.\"</p>\n<p>If you are ready to invest in crypto, here are a few of your options: Coinbase .</p>\n<p>About the author: Anna-Louise Jackson is a financial journalist with more than a decade of writing and editing experience. She was a reporter for Bloomberg News, covering the U.S. economy, U.S. stock market, and corporate finance. Her work has also appeared in/on NerdWallet, CNBC, The Associated Press, USA Today, Forbes, Fortune, and Money.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What you need to know to start investing in cryptocurrency right now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat you need to know to start investing in cryptocurrency right now\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-15 17:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>From Robinhood to SoFi Invest, Coinbase to Gemini to eToro, here are some of the ways to invest in crypto -- and advice on whether you should dive in.</p>\n<p>MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through our links, but our recommendations are independent of any compensation that we may receive.</p>\n<p>It's been a hot year for cryptocurrencies, and 2021 isn't even halfway over. The total value of cryptocurrencies briefly surpassed $2.5 trillion in May as a plethora of new investors jumped in, and now approximately 14% of American adults own cryptocurrencies.</p>\n<p>Cryptocurrencies are digital assets that are exchanged online on exchanges like Coinbase . Cryptocurrencies are hardly new. Bitcoin, the first and largest cryptocurrency by market capitalization, was created in 2009 and has been followed by more than 7,700 others. You may have also heard of ethereum, tether, or even dogecoin, which began as a joke and now sits among the 10 largest cryptocurrencies.</p>\n<p>While some people are investing purely to speculate, others look at cryptos as a way to store value or hedge against inflation. Here's how to invest in crypto now, whether you should get into it, and what to know before you do.</p>\n<p><b>How to invest in cryptocurrencies</b></p>\n<p>While investing in cryptocurrencies has gone mainstream, it's not an option at many traditional online brokers -- yet. Here are a few brokers that allow you to directly hold cryptocurrencies alongside other assets like stocks and bonds, but fees vary and it's key to do your homework:</p>\n<p>TD Ameritrade, Interactive Brokers, and Charles Schwab offer bitcoin futures trading.</p>\n<p>If your broker doesn't offer cryptocurrencies, you might consider signing up for an account with a crypto exchange, such as <a href=\"https://laohu8.com/S/AONE\">one</a> of the following:</p>\n<p><b>Prepare for risk and volatility</b></p>\n<p>Not all cryptocurrencies are created alike, and each token has unique characteristics that help dictate its price swings. That's why it's important to learn as much as possible about a specific token before investing, including why it was created (what problem it's trying to solve) and by whom (the governance structure), recommends Chris Kupier, vice president of equity research at CFRA Research.</p>\n<p>\"The more you understand it, the more you're going to approach investing in the 'right' way,\" Kupier says. For example, he likens bitcoin to \"gold 2.0\" because the digital coin has a finite supply and is seen by some as a way to store value and hedge against inflation -- characteristics that don't apply to ethereum, for example. (Note that this bitcoin-is-the-new-gold take is certainly not shared by everyone, as this MarketWatch .</p>\n<p>Cryptocurrencies fall under the umbrella of alternative assets (like commodities or real estate) because they offer a way to diversify your portfolio and have a low correlation to other assets, like stocks and bonds, Kupier notes. But cryptocurrencies are volatile, and because trading occurs 24/7, 365 days a year, that allows traders to react immediately to news -- or even tweets . Indeed, this year, tweets from Elon Musk, CEO of Tesla, caused crypto prices to both jump and slump.</p>\n<p>\"Look, this is the Wild West, so you have to be ready for it,\" Kupier says. While bitcoin has experienced average annualized returns in excess of 200%, that's come with huge price slumps, he adds. \"You need to embrace the volatility if you want those gains.\"</p>\n<p>If you are ready to invest in crypto, here are a few of your options: Coinbase .</p>\n<p><b>Consider risk-reward dynamics</b></p>\n<p>Investing in crypto is not for everyone. Those who do dive in should remember this: Given the extreme volatility, moderation is key, notes Matt Schwartz, senior advisor and a certified financial planner with Great Waters Financial. Just as you shouldn't invest all of your money in <a href=\"https://laohu8.com/S/AONE.U\">one</a> asset -- like a stock or bond -- cryptocurrencies should have a limited impact on the risk-reward dynamics of your overall portfolio, he adds.</p>\n<p>\"If you have 2%-5% of your portfolio allocated to any asset class, that isn't going to move the needle on your overall portfolio that much,\" Schwartz says, adding that the exact allocation is unique to each investor. \"It's important to think about your own situation and how it may or may not help you accomplish your goals.\"</p>\n<p>Some investing pros say that if you do want to dive into crypto, a smart way to do it may be through dollar-cost averaging, which simply means investing a fixed amount at regular intervals. And be sure to consult an accountant about the tax implications of trading (it can get pricey).</p>\n<p>Finally, be mindful of how investment decisions affect you. \"Don't take on so much risk that you can't sleep at night,\" Kupier says. \"But the opposite is true: If you're constantly watching bitcoin because you have 0% invested and you're watching it go up, you probably need to buy a little of it for peace of mind.\"</p>\n<p>If you are ready to invest in crypto, here are a few of your options: Coinbase .</p>\n<p>About the author: Anna-Louise Jackson is a financial journalist with more than a decade of writing and editing experience. She was a reporter for Bloomberg News, covering the U.S. economy, U.S. stock market, and corporate finance. Her work has also appeared in/on NerdWallet, CNBC, The Associated Press, USA Today, Forbes, Fortune, and Money.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143735752","content_text":"From Robinhood to SoFi Invest, Coinbase to Gemini to eToro, here are some of the ways to invest in crypto -- and advice on whether you should dive in.\nMarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through our links, but our recommendations are independent of any compensation that we may receive.\nIt's been a hot year for cryptocurrencies, and 2021 isn't even halfway over. The total value of cryptocurrencies briefly surpassed $2.5 trillion in May as a plethora of new investors jumped in, and now approximately 14% of American adults own cryptocurrencies.\nCryptocurrencies are digital assets that are exchanged online on exchanges like Coinbase . Cryptocurrencies are hardly new. Bitcoin, the first and largest cryptocurrency by market capitalization, was created in 2009 and has been followed by more than 7,700 others. You may have also heard of ethereum, tether, or even dogecoin, which began as a joke and now sits among the 10 largest cryptocurrencies.\nWhile some people are investing purely to speculate, others look at cryptos as a way to store value or hedge against inflation. Here's how to invest in crypto now, whether you should get into it, and what to know before you do.\nHow to invest in cryptocurrencies\nWhile investing in cryptocurrencies has gone mainstream, it's not an option at many traditional online brokers -- yet. Here are a few brokers that allow you to directly hold cryptocurrencies alongside other assets like stocks and bonds, but fees vary and it's key to do your homework:\nTD Ameritrade, Interactive Brokers, and Charles Schwab offer bitcoin futures trading.\nIf your broker doesn't offer cryptocurrencies, you might consider signing up for an account with a crypto exchange, such as one of the following:\nPrepare for risk and volatility\nNot all cryptocurrencies are created alike, and each token has unique characteristics that help dictate its price swings. That's why it's important to learn as much as possible about a specific token before investing, including why it was created (what problem it's trying to solve) and by whom (the governance structure), recommends Chris Kupier, vice president of equity research at CFRA Research.\n\"The more you understand it, the more you're going to approach investing in the 'right' way,\" Kupier says. For example, he likens bitcoin to \"gold 2.0\" because the digital coin has a finite supply and is seen by some as a way to store value and hedge against inflation -- characteristics that don't apply to ethereum, for example. (Note that this bitcoin-is-the-new-gold take is certainly not shared by everyone, as this MarketWatch .\nCryptocurrencies fall under the umbrella of alternative assets (like commodities or real estate) because they offer a way to diversify your portfolio and have a low correlation to other assets, like stocks and bonds, Kupier notes. But cryptocurrencies are volatile, and because trading occurs 24/7, 365 days a year, that allows traders to react immediately to news -- or even tweets . Indeed, this year, tweets from Elon Musk, CEO of Tesla, caused crypto prices to both jump and slump.\n\"Look, this is the Wild West, so you have to be ready for it,\" Kupier says. While bitcoin has experienced average annualized returns in excess of 200%, that's come with huge price slumps, he adds. \"You need to embrace the volatility if you want those gains.\"\nIf you are ready to invest in crypto, here are a few of your options: Coinbase .\nConsider risk-reward dynamics\nInvesting in crypto is not for everyone. Those who do dive in should remember this: Given the extreme volatility, moderation is key, notes Matt Schwartz, senior advisor and a certified financial planner with Great Waters Financial. Just as you shouldn't invest all of your money in one asset -- like a stock or bond -- cryptocurrencies should have a limited impact on the risk-reward dynamics of your overall portfolio, he adds.\n\"If you have 2%-5% of your portfolio allocated to any asset class, that isn't going to move the needle on your overall portfolio that much,\" Schwartz says, adding that the exact allocation is unique to each investor. \"It's important to think about your own situation and how it may or may not help you accomplish your goals.\"\nSome investing pros say that if you do want to dive into crypto, a smart way to do it may be through dollar-cost averaging, which simply means investing a fixed amount at regular intervals. And be sure to consult an accountant about the tax implications of trading (it can get pricey).\nFinally, be mindful of how investment decisions affect you. \"Don't take on so much risk that you can't sleep at night,\" Kupier says. \"But the opposite is true: If you're constantly watching bitcoin because you have 0% invested and you're watching it go up, you probably need to buy a little of it for peace of mind.\"\nIf you are ready to invest in crypto, here are a few of your options: Coinbase .\nAbout the author: Anna-Louise Jackson is a financial journalist with more than a decade of writing and editing experience. She was a reporter for Bloomberg News, covering the U.S. economy, U.S. stock market, and corporate finance. Her work has also appeared in/on NerdWallet, CNBC, The Associated Press, USA Today, Forbes, Fortune, and Money.","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187521475,"gmtCreate":1623759691297,"gmtModify":1703818365000,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"At such low interest rate environment, slight inflation is fine!","listText":"At such low interest rate environment, slight inflation is fine!","text":"At such low interest rate environment, slight inflation is fine!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187521475","repostId":"1145996523","repostType":4,"repost":{"id":"1145996523","pubTimestamp":1623751116,"share":"https://ttm.financial/m/news/1145996523?lang=&edition=fundamental","pubTime":"2021-06-15 17:58","market":"us","language":"en","title":"Investors and the Fed aren't freaking out about inflation. Should they?","url":"https://stock-news.laohu8.com/highlight/detail?id=1145996523","media":"cnn","summary":"New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it co","content":"<p>New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something's got to give.</p>\n<p>The US government reported last week that consumer prices, excluding food and energy, rose at their fastest clip since 1992 in May. Sherwin-Williams (SHW) is lifting the price of paint, one of many companies that's responding to higher commodities costs.</p>\n<p>Food prices are also surging. Chipotle (CMG) just raised prices. So did Campbell Soup (CPB).</p>\n<p>And the chief financial officer of restaurant and arcade chain Dave &amp; Buster's (PLAY) said during a recent earnings call with analysts that he expects a 6% to 8% increase in food costs for 2021 due to higher chicken, beef and dairy prices.</p>\n<p>Wages are rising too, especially for workers in the retail, leisure and hospitality sectors that are returning to jobs as the economy reopens. That adds to inflationary pressures, because some companies will choose to hike prices in order to maintain profits.</p>\n<p>Labor shortages aren't helping.</p>\n<p>The CEO of online pet retailer Chewy (CHWY) wrote in a letter to shareholders after its latest earnings report that it \"faced labor shortages in our fulfillment centers similar to those being faced by many companies nationwide.\" As a result, Chewy continues \"to invest in higher wages and benefits\" in order to fill job vacancies.</p>\n<p>Yet investors — and the Federal Reserve — are shrugging off rising inflation as \"transitory.\" Long-term bond yields are falling, which isn't what normally happens when inflation runs hot. If bond investors believed that price hikes are here to stay, they'd be demanding higher yields.</p>\n<p>And the market is pricing in just a 3% chance of a rate hike from the Fed by the end of the year. That's down from a 10% likelihood of higher rates just a month ago. Investors know a rate hike is the central bank's best tool to fight rising inflation, and they'll want to hear more on the subject when Fed chair Jerome Powell speaks at a press conference on Wednesday.</p>\n<p>\"The bond market is still not concerned about inflation. It's buying what the Fed is selling,\" said Randy Warren, CEO of Warren Financial.</p>\n<p>The problem is that there is a chance the Fed could wait too long to react to inflation.</p>\n<p>\"Is inflation transitory or something more structural?\" asked Steven Oh, global head of credit and fixed income with PineBridge Investments. \"Will the Fed lose control of it down the road and make a policy error and not have the ability to rein it in?\"</p>\n<p>If the Fed and bond market are wrong about inflation, the central bank may have to wind down its pandemic stimulus much more quickly than it — and investors — would like. That would mean unwinding its big asset purchases and raising rates sooner rather than later.</p>\n<p>Oh doesn't think that will be the case. And many others agree. They argue that investors must keep in mind how rapidly the economy has roared back.</p>\n<p>For that reason, it should not be that big of a surprise that there are dislocations in the job market and supply chain. It will take time for conditions to revert to what they were like in late 2019 and early 2020 before Covid-19.</p>\n<p>\"There are a lot of questions about inflation because you see it in everyday life,\" said Bryan Koslow, principal of Clarus Group, a wealth management firm. \"But we may have seen the peak, especially in terms of wage growth.\"</p>\n<p>Even if that does turn out to be true, the mere fact that investors and consumers are so focused on prices is noteworthy. Inflation has essentially been a non-issue for more than a decade.</p>\n<p>\"The Fed has to take the inflation concerns seriously,\" said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. He added that he thinks there is a 20% chance that inflation pressures turn out to be more persistent as opposed to transitory.</p>\n<p>\"The risk of meaningful inflation has been non-existent since 2008. Until now,\" Gayeski said.</p>\n<p><b>What's getting more expensive</b></p>\n<p>Food and paint aren't the only things getting more expensive. As CNN Business' Moira Ritter points out, the prices of just about everything have gone up lately.</p>\n<p>Lumber prices have soared. And the housing market continues to boom. That's led to a big spike in the prices of couches and other household furnishings.</p>\n<p>Used cars are a lot more expensive too. Chalk that up to people returning to work and a dearth of new cars on dealership lots due to the chip supply shortage that has hurt production of new vehicles.</p>\n<p>People are traveling more as well. Airfares have shot up in anticipation of what some are dubbing the red hot vaccine summer.</p>\n<p><b>Up next</b></p>\n<p><b>Tuesday: </b>US retail sales; US producer price index; Earnings from Oracle (ORCL) and H &amp; R Block (HRB)</p>\n<p><b>Wednesday: </b>Federal Reserve rate decision; US housing starts and building permits; EIA crude oil inventories; Earnings from Lennar (LEN)</p>\n<p><b>Thursday: </b>US jobless claims; Earnings from Kroger (KR) and Adobe (ADBE)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investors and the Fed aren't freaking out about inflation. Should they?</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\">\nInvestors and the Fed aren't freaking out about inflation. Should they?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 17:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/06/13/investing/stocks-week-ahead/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something's got to give.\nThe US government reported last week that consumer prices...</p>\n\n<a href=\"https://edition.cnn.com/2021/06/13/investing/stocks-week-ahead/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://edition.cnn.com/2021/06/13/investing/stocks-week-ahead/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145996523","content_text":"New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something's got to give.\nThe US government reported last week that consumer prices, excluding food and energy, rose at their fastest clip since 1992 in May. Sherwin-Williams (SHW) is lifting the price of paint, one of many companies that's responding to higher commodities costs.\nFood prices are also surging. Chipotle (CMG) just raised prices. So did Campbell Soup (CPB).\nAnd the chief financial officer of restaurant and arcade chain Dave & Buster's (PLAY) said during a recent earnings call with analysts that he expects a 6% to 8% increase in food costs for 2021 due to higher chicken, beef and dairy prices.\nWages are rising too, especially for workers in the retail, leisure and hospitality sectors that are returning to jobs as the economy reopens. That adds to inflationary pressures, because some companies will choose to hike prices in order to maintain profits.\nLabor shortages aren't helping.\nThe CEO of online pet retailer Chewy (CHWY) wrote in a letter to shareholders after its latest earnings report that it \"faced labor shortages in our fulfillment centers similar to those being faced by many companies nationwide.\" As a result, Chewy continues \"to invest in higher wages and benefits\" in order to fill job vacancies.\nYet investors — and the Federal Reserve — are shrugging off rising inflation as \"transitory.\" Long-term bond yields are falling, which isn't what normally happens when inflation runs hot. If bond investors believed that price hikes are here to stay, they'd be demanding higher yields.\nAnd the market is pricing in just a 3% chance of a rate hike from the Fed by the end of the year. That's down from a 10% likelihood of higher rates just a month ago. Investors know a rate hike is the central bank's best tool to fight rising inflation, and they'll want to hear more on the subject when Fed chair Jerome Powell speaks at a press conference on Wednesday.\n\"The bond market is still not concerned about inflation. It's buying what the Fed is selling,\" said Randy Warren, CEO of Warren Financial.\nThe problem is that there is a chance the Fed could wait too long to react to inflation.\n\"Is inflation transitory or something more structural?\" asked Steven Oh, global head of credit and fixed income with PineBridge Investments. \"Will the Fed lose control of it down the road and make a policy error and not have the ability to rein it in?\"\nIf the Fed and bond market are wrong about inflation, the central bank may have to wind down its pandemic stimulus much more quickly than it — and investors — would like. That would mean unwinding its big asset purchases and raising rates sooner rather than later.\nOh doesn't think that will be the case. And many others agree. They argue that investors must keep in mind how rapidly the economy has roared back.\nFor that reason, it should not be that big of a surprise that there are dislocations in the job market and supply chain. It will take time for conditions to revert to what they were like in late 2019 and early 2020 before Covid-19.\n\"There are a lot of questions about inflation because you see it in everyday life,\" said Bryan Koslow, principal of Clarus Group, a wealth management firm. \"But we may have seen the peak, especially in terms of wage growth.\"\nEven if that does turn out to be true, the mere fact that investors and consumers are so focused on prices is noteworthy. Inflation has essentially been a non-issue for more than a decade.\n\"The Fed has to take the inflation concerns seriously,\" said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. He added that he thinks there is a 20% chance that inflation pressures turn out to be more persistent as opposed to transitory.\n\"The risk of meaningful inflation has been non-existent since 2008. Until now,\" Gayeski said.\nWhat's getting more expensive\nFood and paint aren't the only things getting more expensive. As CNN Business' Moira Ritter points out, the prices of just about everything have gone up lately.\nLumber prices have soared. And the housing market continues to boom. That's led to a big spike in the prices of couches and other household furnishings.\nUsed cars are a lot more expensive too. Chalk that up to people returning to work and a dearth of new cars on dealership lots due to the chip supply shortage that has hurt production of new vehicles.\nPeople are traveling more as well. Airfares have shot up in anticipation of what some are dubbing the red hot vaccine summer.\nUp next\nTuesday: US retail sales; US producer price index; Earnings from Oracle (ORCL) and H & R Block (HRB)\nWednesday: Federal Reserve rate decision; US housing starts and building permits; EIA crude oil inventories; Earnings from Lennar (LEN)\nThursday: US jobless claims; Earnings from Kroger (KR) and Adobe (ADBE)","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169688510,"gmtCreate":1623832888630,"gmtModify":1703820819780,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Oh no.","listText":"Oh no.","text":"Oh no.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169688510","repostId":"1138070155","repostType":4,"repost":{"id":"1138070155","pubTimestamp":1623826083,"share":"https://ttm.financial/m/news/1138070155?lang=&edition=fundamental","pubTime":"2021-06-16 14:48","market":"hk","language":"en","title":"U.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal","url":"https://stock-news.laohu8.com/highlight/detail?id=1138070155","media":"Bloomberg","summary":"U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost tw","content":"<p>U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost two years, an increase that will add to speculation about when monetary policy could be tightened.Consumer prices rose 2.1% from a year earlier, the highest since July 2019, the Office for National Statistics said Wednesday. Economists had expected an increase of 1.8%. Core inflation jumped to 2%, most since August 2018.The pickup reflected higher prices for fuel, restaurant meals, clothing and recreational goods as the economy took a further step out of lockdown. The central bank expects inflation to breach its 2% target temporarially this year. However, economists are increasingly concerned higher prices could prove more persistent given the rapid pace of recovery from the coronavirus recession.</p>\n<p>“Inflation has risen sharply in recent months and will rise further as the impact of higher commodities prices feed through the supply chain,” said Jack Leslie, senior economist at the Resolution Foundation. “But U.K. inflationary pressures are different -- and nowhere as near as large -- as those causing fierce debate in the U.S.”</p>\n<p>The pound was little changed against the dollar and the euro after the report.</p>\n<p>Separate figures showed that pipeline price pressures continued to build in May. Producer input prices reflecting the cost to industry for fuel and raw materials rose by 10.7% over the past year, their biggest increase in a decade. That’s pushing up the price of goods leaving factory gates at the fastest pace since 2012.</p>\n<p>The ONS said the cost of transport equipment along with metals and non-metallic minerals provided the largest upward contributions to producer price inflation.</p>\n<p>“There is a greater level of uncertainty about prices at present, with a possibility that inflation will turn out to be higher if staff shortages persist, triggering stronger wage rises, while cost increases continue to be passed on to consumers,” Yael Selfin, Chief Economist at KPMG UK.</p>\n<p>BOE Chief Economist Andy Haldane, who departs his post at the end of this month, said last week that pay and costs are already rising and high street inflation “can’t be far behind.”</p>\n<p>His colleague Gertjan Vlieghe says policy makers could raise the benchmark rate as early as next year if the labor market recovers smoothly when government job subsidies come to an end in September.</p>\n<p>Market-based inflation expectations remain close to their highest since 2008. The so-called 10-year breakeven rate -- a gauge derived from the difference between conventional gilt yields and those linked to retail-price inflation -- has risen more than 50 basis points this year.</p>\n<p>Many economies have seen prices accelerate over recent months, though policy makers continue to play down the risk of a sustained inflation outbreak. In the U.S., headline consumer inflation jumped to 5% in May, the highest in more than a decade. Euro-area inflation is running at 2%, just above the European Central Bank goal.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.K. Inflation Surges to 2.1% Unexpectedly Passing BOE Goal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 14:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/u-k-inflation-unexpectedly-surges-060519932.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost two years, an increase that will add to speculation about when monetary policy could be tightened....</p>\n\n<a href=\"https://finance.yahoo.com/news/u-k-inflation-unexpectedly-surges-060519932.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/u-k-inflation-unexpectedly-surges-060519932.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138070155","content_text":"U.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost two years, an increase that will add to speculation about when monetary policy could be tightened.Consumer prices rose 2.1% from a year earlier, the highest since July 2019, the Office for National Statistics said Wednesday. Economists had expected an increase of 1.8%. Core inflation jumped to 2%, most since August 2018.The pickup reflected higher prices for fuel, restaurant meals, clothing and recreational goods as the economy took a further step out of lockdown. The central bank expects inflation to breach its 2% target temporarially this year. However, economists are increasingly concerned higher prices could prove more persistent given the rapid pace of recovery from the coronavirus recession.\n“Inflation has risen sharply in recent months and will rise further as the impact of higher commodities prices feed through the supply chain,” said Jack Leslie, senior economist at the Resolution Foundation. “But U.K. inflationary pressures are different -- and nowhere as near as large -- as those causing fierce debate in the U.S.”\nThe pound was little changed against the dollar and the euro after the report.\nSeparate figures showed that pipeline price pressures continued to build in May. Producer input prices reflecting the cost to industry for fuel and raw materials rose by 10.7% over the past year, their biggest increase in a decade. That’s pushing up the price of goods leaving factory gates at the fastest pace since 2012.\nThe ONS said the cost of transport equipment along with metals and non-metallic minerals provided the largest upward contributions to producer price inflation.\n“There is a greater level of uncertainty about prices at present, with a possibility that inflation will turn out to be higher if staff shortages persist, triggering stronger wage rises, while cost increases continue to be passed on to consumers,” Yael Selfin, Chief Economist at KPMG UK.\nBOE Chief Economist Andy Haldane, who departs his post at the end of this month, said last week that pay and costs are already rising and high street inflation “can’t be far behind.”\nHis colleague Gertjan Vlieghe says policy makers could raise the benchmark rate as early as next year if the labor market recovers smoothly when government job subsidies come to an end in September.\nMarket-based inflation expectations remain close to their highest since 2008. The so-called 10-year breakeven rate -- a gauge derived from the difference between conventional gilt yields and those linked to retail-price inflation -- has risen more than 50 basis points this year.\nMany economies have seen prices accelerate over recent months, though policy makers continue to play down the risk of a sustained inflation outbreak. In the U.S., headline consumer inflation jumped to 5% in May, the highest in more than a decade. Euro-area inflation is running at 2%, just above the European Central Bank goal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169615409,"gmtCreate":1623832598801,"gmtModify":1703820809573,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Trust the Sg Minister forsight.","listText":"Trust the Sg Minister forsight.","text":"Trust the Sg Minister forsight.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169615409","repostId":"1145814445","repostType":4,"repost":{"id":"1145814445","pubTimestamp":1623828949,"share":"https://ttm.financial/m/news/1145814445?lang=&edition=fundamental","pubTime":"2021-06-16 15:35","market":"us","language":"en","title":"Air travel in Asia won’t return to pre-Covid levels ‘anytime soon,’ says Singapore minister","url":"https://stock-news.laohu8.com/highlight/detail?id=1145814445","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s Finance Minister Lawrence Wong said “open and free” air travel within Asia r","content":"<div>\n<p>KEY POINTS\n\nSingapore’s Finance Minister Lawrence Wong said “open and free” air travel within Asia remains unlikely in the near term as parts of the region battle with an increase in Covid-19 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/singapore-finance-minister-lawrence-wong-on-air-travel-covid-outbreak.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Air travel in Asia won’t return to pre-Covid levels ‘anytime soon,’ says Singapore minister</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\">\nAir travel in Asia won’t return to pre-Covid levels ‘anytime soon,’ says Singapore minister\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 15:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/singapore-finance-minister-lawrence-wong-on-air-travel-covid-outbreak.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s Finance Minister Lawrence Wong said “open and free” air travel within Asia remains unlikely in the near term as parts of the region battle with an increase in Covid-19 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/singapore-finance-minister-lawrence-wong-on-air-travel-covid-outbreak.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空","C6L.SI":"新加坡航空公司"},"source_url":"https://www.cnbc.com/2021/06/16/singapore-finance-minister-lawrence-wong-on-air-travel-covid-outbreak.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1145814445","content_text":"KEY POINTS\n\nSingapore’s Finance Minister Lawrence Wong said “open and free” air travel within Asia remains unlikely in the near term as parts of the region battle with an increase in Covid-19 infections.\nInternational travel came to sudden halt in the past year due to the pandemic, and that’s hurt Singapore’s aviation and tourism sectors — two major contributors to economic growth.\nSingapore experienced a renewed rise in Covid cases last month, but tighter restrictions have been working and that allows the country to gradually open up again, said Wong.\n\nSINGAPORE — Singapore’s Finance Minister Lawrence Wong said “open and free” air travel in Asia remains unlikely in the near term as parts of the region battle with an increase in Covid-19 infections.\n“I am somewhat less sanguine about the prospects for air travel,” Wong told Martin Soong as part of the virtual CNBC Evolve Global Summit.\n“The region is still facing rolling waves of infection, and vaccination rates for many countries in the region are still not high enough. So I don’t think we will be able to see open and free travel in the region, in particular, any time soon,” said the minister who also co-chairs Singapore’s coronavirus task force.\nSingapore is a Southeast Asian city-state with no domestic air travel market. International travel came to a sudden halt in the past year due to the pandemic, and that’s hurt Singapore’s aviation and tourism sectors — two major contributors to economic growth.\nWong said the Singapore government continues to talk with its counterparts in the region about setting up “safe travel lanes.” He didn’t name the places Singapore is in talks.\n“Perhaps amongst the countries with low and stable infections, we may have some travel arrangements. Perhaps for vaccinated travelers, there may be some benefits in terms of shorter quarantine times,” said the minister.\n“But for the most part ... all of that is not going to add up to what we used to have pre-Covid. So air travel, I’m afraid, will take some time to recover,” Wong added.\n\nSingapore has an air travel bubble agreement with Hong Kong that will allowtravelers to skip quarantine. But the launch of the scheme has been postponed twice — first from November and then again in May — due to renewed Covid outbreaks in either cities.\nLast week, the prime ministers of Singapore and Australia said they will work toward an air travel bubble arrangement between the two countries.\nSingapore’s Covid situation\nAsia, where the coronavirus was first detected, saw a spike in infections in recent months. Places ranging from developing nations to more developed economies including Japan and Taiwan had a resurgence in cases.\nSingapore also experienced a renewed rise in cases last month after previous successes in containing the outbreak — which led the government to tighten social-distancing measures.\nWong said those measures have been working and that allows the country to gradually ease restrictions again. But he warned that the situation could be unpredictable.\n“You know, with this virus, you can never tell what happens in the next few days, because … there will always be surprises. It’s a very tricky virus. Each time you think you have it under control, it pops up in a new direction,” said Wong.\nThe minister reiterated the government’s goal of having at least 50% of the population fully vaccinated by August.\nSingapore appears on track to meet that goal. Around 2.7 million people — or 47% of the country’s population — have received at least the first dose of Covid vaccine as of Monday, according to the latest health ministry data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169616784,"gmtCreate":1623832486548,"gmtModify":1703820806956,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"The risk is low.&nbsp;","listText":"The risk is low.&nbsp;","text":"The risk is low.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169616784","repostId":"2143530687","repostType":4,"repost":{"id":"2143530687","pubTimestamp":1623829500,"share":"https://ttm.financial/m/news/2143530687?lang=&edition=fundamental","pubTime":"2021-06-16 15:45","market":"us","language":"en","title":"How Worrisome Are Heart Issues Reported With Pfizer's and Moderna's COVID Vaccines?","url":"https://stock-news.laohu8.com/highlight/detail?id=2143530687","media":"Motley Fool","summary":"It's way too early to worry.","content":"<p>Nearly 170 million Americans have received the COVID-19 vaccine developed by <b>Pfizer</b> (NYSE:PFE) and <b>BioNTech</b> (NASDAQ:BNTX). More than 129 million Americans have received&nbsp;<b>Moderna</b>'s (NASDAQ:MRNA) vaccine. So far, the vaccines have appeared to be both highly effective and safe.</p> \n<p>However, the Centers for Disease Control and Prevention (CDC) is convening an \"emergency meeting\" of an advisory panel on June 18. The panel will discuss higher-than-expected reports of heart inflammation issues in young men following the second dose of the two messenger RNA (mRNA) COVID-19 vaccines. How worrisome are these heart issues reported with Pfizer's and Moderna's COVID-19 vaccines?</p> \n<h2>Behind the concerns</h2> \n<p>The CDC and the U.S. Food and Drug Administration (FDA) jointly run the Vaccine Adverse Event Reporting System (VAERS), which tracks reports of any side effects after individuals have received a COVID-19 vaccine. Most adverse events reported in VAERS aren't serious.</p> \n<p>However, the CDC noticed that higher numbers of myocarditis (inflammation of the middle layer of the heart wall) and pericarditis (inflammation of the pericardium tissue that surrounds the heart) were being reported for young men than would be expected based on the number of vaccines administered. These issues were especially notable after the second dose of the mRNA vaccines.</p> \n<p>As of May 31, 372 cases of myocarditis or pericarditis had been reported in VAERS after the second dose of the Pfizer-BioNTech vaccine. Another 201 cases of heart inflammation issues had been reported after the second dose of Moderna's vaccine. Nearly 80% of these reported cases occurred in men, with a median age of 24.</p> \n<p>The potential issues aren't limited to the United States. Earlier this month, Israel's Health Ministry announced that there was a \"probable link\" between heart inflammation issues observed primarily in young men and receiving the second dose of the Pfizer-BioNTech vaccine.</p> \n<h2>Reason to worry?</h2> \n<p>The CDC hasn't established any causal link between either of the mRNA vaccines and heart inflammation issues occurring in young men at this point. Moderna issued a public statement last week that confirmed it hasn't found any causal association between its vaccine and heart inflammation \"after carefully reviewing the safety data to date.\"</p> \n<p>The number of heart inflammation issues reported thus far, while higher than expected, is still really low overall. The CDC specifically stated that \"these reports are rare, given the number of vaccine doses administered.\"</p> \n<p>It's also important to note that most individuals affected by heart inflammation issues were treated successfully. Indeed, the CDC said, \"Most patients who received care responded well to medicine and rest and quickly felt better.\"</p> \n<p>Based on what is known now, there's no reason for individuals receiving the Pfizer-BioNTech or Moderna COVID-19 vaccines to worry. Finding rare side effects with a vaccine or a drug is launched occurs frequently. Usually, the actions taken include revising guidelines for evaluating the benefit-risk balance for affected groups and the follow-up monitoring for these groups.</p> \n<p>That could be what the CDC advisory panel that's scheduled to meet later this week will do after examining the available data. It's also possible that the panel will need more data before it makes any recommendations.</p> \n<h2>Minimal movement</h2> \n<p>Should investors worry about what all of this might mean for Pfizer, BioNTech, and/or Moderna? No. Most investors haven't been worried, as evidenced by the minimal movement of the drug stocks after the initial CDC advisory committee meeting last week where the heart inflammation issues were discussed.</p> \n<p>Granted, it's possible that a clear link between the mRNA vaccines and heart inflammation issues in young men could be established. Even if that happens, though, the issues are rare enough that the number of doses administered of these vaccines probably wouldn't be impacted very much.</p> \n<p>The emergence of new coronavirus strains makes it far more likely that more mRNA vaccine doses will be needed in the future. In the big scheme of things, Pfizer's and Moderna's COVID-19 vaccines are providing a lot more reasons for celebration than for concern.</p>","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>How Worrisome Are Heart Issues Reported With Pfizer's and Moderna's COVID Vaccines?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Worrisome Are Heart Issues Reported With Pfizer's and Moderna's COVID Vaccines?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 15:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/15/how-worrisome-are-heart-issues-reported-with-pfize/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nearly 170 million Americans have received the COVID-19 vaccine developed by Pfizer (NYSE:PFE) and BioNTech (NASDAQ:BNTX). More than 129 million Americans have received Moderna's (NASDAQ:MRNA) vaccine...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/15/how-worrisome-are-heart-issues-reported-with-pfize/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE","MRNA":"Moderna, Inc.","PFE":"辉瑞"},"source_url":"https://www.fool.com/investing/2021/06/15/how-worrisome-are-heart-issues-reported-with-pfize/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143530687","content_text":"Nearly 170 million Americans have received the COVID-19 vaccine developed by Pfizer (NYSE:PFE) and BioNTech (NASDAQ:BNTX). More than 129 million Americans have received Moderna's (NASDAQ:MRNA) vaccine. So far, the vaccines have appeared to be both highly effective and safe.\nHowever, the Centers for Disease Control and Prevention (CDC) is convening an \"emergency meeting\" of an advisory panel on June 18. The panel will discuss higher-than-expected reports of heart inflammation issues in young men following the second dose of the two messenger RNA (mRNA) COVID-19 vaccines. How worrisome are these heart issues reported with Pfizer's and Moderna's COVID-19 vaccines?\nBehind the concerns\nThe CDC and the U.S. Food and Drug Administration (FDA) jointly run the Vaccine Adverse Event Reporting System (VAERS), which tracks reports of any side effects after individuals have received a COVID-19 vaccine. Most adverse events reported in VAERS aren't serious.\nHowever, the CDC noticed that higher numbers of myocarditis (inflammation of the middle layer of the heart wall) and pericarditis (inflammation of the pericardium tissue that surrounds the heart) were being reported for young men than would be expected based on the number of vaccines administered. These issues were especially notable after the second dose of the mRNA vaccines.\nAs of May 31, 372 cases of myocarditis or pericarditis had been reported in VAERS after the second dose of the Pfizer-BioNTech vaccine. Another 201 cases of heart inflammation issues had been reported after the second dose of Moderna's vaccine. Nearly 80% of these reported cases occurred in men, with a median age of 24.\nThe potential issues aren't limited to the United States. Earlier this month, Israel's Health Ministry announced that there was a \"probable link\" between heart inflammation issues observed primarily in young men and receiving the second dose of the Pfizer-BioNTech vaccine.\nReason to worry?\nThe CDC hasn't established any causal link between either of the mRNA vaccines and heart inflammation issues occurring in young men at this point. Moderna issued a public statement last week that confirmed it hasn't found any causal association between its vaccine and heart inflammation \"after carefully reviewing the safety data to date.\"\nThe number of heart inflammation issues reported thus far, while higher than expected, is still really low overall. The CDC specifically stated that \"these reports are rare, given the number of vaccine doses administered.\"\nIt's also important to note that most individuals affected by heart inflammation issues were treated successfully. Indeed, the CDC said, \"Most patients who received care responded well to medicine and rest and quickly felt better.\"\nBased on what is known now, there's no reason for individuals receiving the Pfizer-BioNTech or Moderna COVID-19 vaccines to worry. Finding rare side effects with a vaccine or a drug is launched occurs frequently. Usually, the actions taken include revising guidelines for evaluating the benefit-risk balance for affected groups and the follow-up monitoring for these groups.\nThat could be what the CDC advisory panel that's scheduled to meet later this week will do after examining the available data. It's also possible that the panel will need more data before it makes any recommendations.\nMinimal movement\nShould investors worry about what all of this might mean for Pfizer, BioNTech, and/or Moderna? No. Most investors haven't been worried, as evidenced by the minimal movement of the drug stocks after the initial CDC advisory committee meeting last week where the heart inflammation issues were discussed.\nGranted, it's possible that a clear link between the mRNA vaccines and heart inflammation issues in young men could be established. Even if that happens, though, the issues are rare enough that the number of doses administered of these vaccines probably wouldn't be impacted very much.\nThe emergence of new coronavirus strains makes it far more likely that more mRNA vaccine doses will be needed in the future. In the big scheme of things, Pfizer's and Moderna's COVID-19 vaccines are providing a lot more reasons for celebration than for concern.","news_type":1},"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160602899,"gmtCreate":1623791001511,"gmtModify":1703819389141,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Diversification.","listText":"Diversification.","text":"Diversification.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160602899","repostId":"1150591447","repostType":4,"repost":{"id":"1150591447","pubTimestamp":1623769391,"share":"https://ttm.financial/m/news/1150591447?lang=&edition=fundamental","pubTime":"2021-06-15 23:03","market":"us","language":"en","title":"Here's a complete trader playbook for every outcome from the key Fed meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1150591447","media":"CNBC","summary":"The Federal Reserve’s all-important policy meeting this week is going to affect where investors put ","content":"<div>\n<p>The Federal Reserve’s all-important policy meeting this week is going to affect where investors put their money to work going forward.\nThe Federal Open Market Committee,which will conclude its two-day...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's a complete trader playbook for every outcome from the key Fed meeting</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\">\nHere's a complete trader playbook for every outcome from the key Fed meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s all-important policy meeting this week is going to affect where investors put their money to work going forward.\nThe Federal Open Market Committee,which will conclude its two-day...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html\">Web 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",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150591447","content_text":"The Federal Reserve’s all-important policy meeting this week is going to affect where investors put their money to work going forward.\nThe Federal Open Market Committee,which will conclude its two-day meeting Wednesday, could start preliminary discussions about scaling back the unprecedented bond-buying programs that aided the economy during the pandemic. Some market participants believe it’s still too soon for the central bank to signal such a tapering action, while others think the Fed will be able to find a happy medium that won’t upset the markets.\nEach scenario has different investing implications as they are expected to make big moves across asset classes.\nHere’s a playbook for traders on every scenario from the central bank’s key meeting.\nIf the Fed signals it’s staying with easy policies\nThe Fed could reiterate its transitory stance on inflation, ignoring the pick-up in price pressures reflected in recent economic data. If the central bank says its not time to remove accommodative policies and it’s not concerned about inflation, investors should stick with hedges against rising prices like commodities and stocks with high pricing power, investment banks found.\nBank of America screened S&P 500 companies that its analysts believe have the most pricing power and ability to expand margins at times of rising prices. The stocks include a few chipmakers —Nvidia,Texas InstrumentsandBroadcom— as well as consumer plays likeHome Depot,NikeandPepsiCo.Energy dividend payerExxon Mobilis also on the list.\nUBS also developed a framework for scoring corporate pricing agility, which considers pricing power, margin momentum and input cost exposure. For pricing power, UBS quantified the extent to which a company can raise prices over and above costs. For margin momentum, UBS tracked corporate pricing trends using its proprietary pricing mapping.\nFor input cost exposure, UBS searched for companies with negative sentiment around commodity and transport costs on earnings calls.\n\nBillionaire hedge fund manager Paul Tudor Jones said earlier this week that investors should “go all in on the inflation trades” if the Fed keeps ignoring higher prices.\n“If they treat these numbers — which were material events, they were very material —if they treat them with nonchalance, I think it’s just a green light to bet heavily on every inflation trade,” Tudor Jones said on “Squawk Box”on Monday.\n“If they say, ‘We’re on path, things are good,’ then I would just go all in on the inflation trades. I’d probably buy commodities, buy crypto, buy gold,” added Tudor Jones, who called the stock market crash in 1987.\nThe legendary investor believe cryptocurrencies and other commodities are favorable inflation hedges. Other than buying the commodities outright, investors could also bet on related exchange-traded funds, like gold miner ETFs.\nThe VanEck Vectors Gold Miners ETF (GDX),the biggest gold miner ETF with more than $14 billion in assets under management, has outperformed the populargold ETF GLDso far this year.\nIf the Fed signals it’s time to start removing easy policies\nAnother widely speculated scenario is for the Fed to signal that it’s nearing the time to dial back easy policy saying it will start tapering soon and move up its forecast for a rate increase. Under such a case where the central bank isn’t sufficiently dovish, many expect bond yields to shoot higher.\n“It could easily move longer yields higher,” said Kristina Hooper, Invesco’s chief global market strategist. “A revised dot plot could be one way to do that if it shows the anticipation of earlier or more aggressive rate hikes. And Fed Chair Jay Powell could easily push rates up if he shares that the Fed has started discussing tapering or suggests tapering could start in the next several months.”\nTudor Jones warned that this scenario could lead to another taper tantrum that could cause a correction in stocks.\n“If they course correct, if they say, ‘We’ve got incoming data, we’ve accomplished our mission or we’re on the way very rapidly to accomplishing our mission on employment,’ then you’re going to get a taper tantrum,”Tudor Jones said on Monday. “You’re going to get a sell-off in fixed income. You’re going to get a correction in stocks.”\nCNBC Pro combed through the returns of all S&P 500 stocks during the last five significant spikes in the 10-year Treasury yield. These five periods of a sharp move in rates occurred between 2003 and 2006, 2008 and 2009, 2012 and 2013, 2016 and 2018, and 2020 through now.\nAfter we found the stocks that beat the market every time, we looked for the names that are well-loved by analysts on Wall Street today. The stocks’ average gains during those rising interest rate periods are listed below, along with the percentage of analysts with buy ratings right now.\n\nBank of America’s head of U.S. equity and quantitative strategy Savita Subramanian is advising clients to buy high-quality stocks when tapering nears. High-quality stocks have a “B+” or better S&P quality rating.\nSubramanian said during the 2013 taper tantrum, high-quality names outperformed their low-quality counterparts by 1.3 percentage points from peak to trough in May and June.\nA hint at removing stimulus could also hurt stocks that are most sensitive to the economic recovery, including cyclicals like financials, energy and materials.\n“More hawkish = lower growth. Cyclicals should underperform,” Dennis DeBusschere, macro research analyst at Evercore ISI, said in a note. “The fact that hawkish concerns are being brought up at the same time people believe the reflation trade is in trouble and you have a poor Cyclical backdrop.”\nSo far in 2021, the energy sector has been the biggest winner among the 11 S&P 500 groupings, up 46%. Financials and real estate both gained more than 20% this year.\nIf the Fed makes both camps happy\nA third scenario could occur in which the Fed signals that it is concerned about inflation, but the central bank is not yet ready to taper.\nIf Fed chair Jerome Powell admits the discussion of tapering but nothing has been decided, then the market will likely see a modest rally, led by tech stocks, according to Tom Essaye, founder of the Sevens Report.\n“This is essentially the outcome that Powell and the Fed have been telegraphing for the past several weeks,” Essaye said. “This would be a continuation of the past two weeks’ Goldilocks market outlook. This outcome would help the S&P 500 extend last week’s breakout.”\nInvestors have been rotating back to tech as of late with bond yields coming down. The tech-heavyNasdaq Compositehas rallied about 2.5% this month, hitting a record close on Monday, its first all-time high since April 26. In comparison, the S&P 500 has risen just under 1% in June.\n“This is what the Fed has been doing for the last several months — warning that an inflation surge was coming but that it is transitory so no need to taper,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC. “Moreover, this is probably the most expected outcome from the Fed meeting.”\n“Yes, there may be comments by members that the time to start talking about tapering is here, but I think Powell will continue to suggest that inflation is up as expected but is not yet acting any differently than anticipated,” added Paulsen.\nThis year’s pullback in tech stocks has opened some opportunities in high-quality names that are now trading at a discount, according to top-rated technology analyst Toni Sacconaghi of Bernstein.\nThe Wall Street firm found several technology stocks that have inexpensive valuations and are high in quality. Bernstein screened for the cheapest tech names based on their forward price-to-earnings ratio. The firm also assigned each stock with a quality score.","news_type":1},"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160877269,"gmtCreate":1623789531851,"gmtModify":1703819378080,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Huge bet! Good luck!","listText":"Huge bet! Good luck!","text":"Huge bet! Good luck!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160877269","repostId":"1121368819","repostType":4,"repost":{"id":"1121368819","pubTimestamp":1623769287,"share":"https://ttm.financial/m/news/1121368819?lang=&edition=fundamental","pubTime":"2021-06-15 23:01","market":"us","language":"en","title":"GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis","url":"https://stock-news.laohu8.com/highlight/detail?id=1121368819","media":"cnbc","summary":"Cruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.The new credit is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles.This past month, GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.Cruise, a majority-owned subsidiary ofGeneral Motors, has se","content":"<div>\n<p>KEY POINTS\n\nCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.\nThe new ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis</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\">\nGM-backed Cruise secures $5 billion credit line as it prepares to launch self-driving robotaxis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.\nThe new ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车"},"source_url":"https://www.cnbc.com/2021/06/15/gm-backed-cruise-secures-5-billion-credit-for-self-driving-robotaxis.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121368819","content_text":"KEY POINTS\n\nCruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business.\nThe new credit is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles.\nThis past month, GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.\n\nCruise, a majority-owned subsidiary ofGeneral Motors, has secured a new $5 billion line of credit as it prepares for commercialization of its autonomous ride-hailing business.\nThe new credit, announced Tuesday, is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles, which GM isexpected to begin producingat a factory in Detroit in early 2023. It brings Cruise's war chest to more than $10 billion, according to Cruise CEO Dan Ammann.\n″$10 billion. It’s a big number. However, when you think about what we’re building - safer, cleaner, and more accessible transportation for the world - you quickly realize it’s also a necessary number,” Ammann said in a blog post. “This is an incredibly exciting time for Cruise.”\nUltimately, GM Finance is providing Cruise credit instead of the company attempting to raise outside capital, which it has done in the past. GM acquired Cruise in 2016. Since then, it has brought on investors such as Honda Motor, SoftBank Vision Fund and, more recently, Walmart and Microsoft.\nThis past month, Cruise said GM began assembly of 100 pre-production Cruise Origin vehicles that will be built this summer for validation testing.\nThe Origin, which wasunveiled in January 2020, is the company’s first vehicle specifically designed to operate without a driver on board. It does not have manual controls such as pedals or a steering wheel.\nThe new credit line and pre-production model announcements follow Cruise earlier this month becoming the first autonomous vehicle developer to obtain a permit from the California Public Utilities Commission to givepassengers rides in prototype robotaxis.\nCommercializing autonomous vehicles has been far more challenging than many predicted even a few years ago. The challenges have led to a consolidation in the autonomous vehicle sector after years of enthusiasm touting the technology as the next multitrillion-dollar market for transportation companies.\nCruise was expected to launch a ride-hailing service for the public in San Francisco in 2019. The company delayed those plans that year to conduct further testing. It has been operating an employee ride-hailing service with a current fleet of autonomous vehicles in San Francisco for several years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160875458,"gmtCreate":1623788779374,"gmtModify":1703819375317,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Agree. Get your lifeboat ready!","listText":"Agree. Get your lifeboat ready!","text":"Agree. Get your lifeboat ready!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160875458","repostId":"1187337744","repostType":4,"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187461123,"gmtCreate":1623762203562,"gmtModify":1703818494444,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"As long as they survive Covid 19.","listText":"As long as they survive Covid 19.","text":"As long as they survive Covid 19.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187461123","repostId":"1175653021","repostType":4,"repost":{"id":"1175653021","pubTimestamp":1623756342,"share":"https://ttm.financial/m/news/1175653021?lang=&edition=fundamental","pubTime":"2021-06-15 19:25","market":"us","language":"en","title":"Citi upgrades Spirit Airlines to buy, says stock looks cheap after three months of weakness","url":"https://stock-news.laohu8.com/highlight/detail?id=1175653021","media":"cnbc","summary":"Low-cost air carrierSpirit Airlineslooks cheap for investors, especially after a recent decline in i","content":"<div>\n<p>Low-cost air carrierSpirit Airlineslooks cheap for investors, especially after a recent decline in its stock price, according to Citi.\nShares of the budget airline remain below their pre-pandemic ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/spirit-airlines-stock-upgrade-citi.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi upgrades Spirit Airlines to buy, says stock looks cheap after three months of weakness</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\">\nCiti upgrades Spirit Airlines to buy, says stock looks cheap after three months of weakness\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/spirit-airlines-stock-upgrade-citi.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Low-cost air carrierSpirit Airlineslooks cheap for investors, especially after a recent decline in its stock price, according to Citi.\nShares of the budget airline remain below their pre-pandemic ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/spirit-airlines-stock-upgrade-citi.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SAVE":"Spirit Airlines"},"source_url":"https://www.cnbc.com/2021/06/15/spirit-airlines-stock-upgrade-citi.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1175653021","content_text":"Low-cost air carrierSpirit Airlineslooks cheap for investors, especially after a recent decline in its stock price, according to Citi.\nShares of the budget airline remain below their pre-pandemic levels and have dipped more than 13% in the past three months. However, the company released updated guidance on Monday that showed wider margins for the second quarter than previous projections.\nAnalyst Stephen Trent upgraded the stock to buy from neutral, saying in a note to clients on Tuesday that the stock’s recent struggles “opened value in the shares” and the updated guidance helped to convince him it was time to buy the dip.\n“Forecast adjustments for Spirit Airlines include the incorporation of stronger, expected unit revenue, higher forecasted growth in available seat miles, but with this growth only partially tempered by lower ’21E efficiency gains and higher fuel into our model,” the note said.\nThe positive guidance on revenue outweighs higher guidance on the cost side, Citi said.\n“Costs associated with re-starting some operations look poised to pressure ex-fuel [cost per available seat mile] more than we had previously anticipated, while fuel prices keep rising. However, summer 2021E travel demand indicators also look poised to support domestic leisure-oriented passenger revenue,” the note said.\nCiti also hiked its price target on Spirit by $2 to $42 per share, which is more than 23% above where the stock closed on Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187522347,"gmtCreate":1623759795389,"gmtModify":1703818368437,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187522347","repostId":"1135158450","repostType":4,"repost":{"id":"1135158450","pubTimestamp":1623750495,"share":"https://ttm.financial/m/news/1135158450?lang=&edition=fundamental","pubTime":"2021-06-15 17:48","market":"us","language":"en","title":"Goldman Expands Crypto-Trading Desk By Offering Ether Options","url":"https://stock-news.laohu8.com/highlight/detail?id=1135158450","media":"zerohedge","summary":"A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman S","content":"<p>A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman Sachs released what we described as the closest thing to 'initiating coverage' on cryptocurrencies, with the big takeaway being that the bank saw Ethereum overtaking bitcoin as the world's most popular cryptocurrency in the not-too-distant future.</p>\n<p>After its release, we suspected that the report was a harbinger of Goldman potentially announcing an expansion of its crypto business as it scrambles to stay a step ahead of megabank rivals like JPMorgan, Citigroup and others. As it turns out, we were correct.</p>\n<p>Because on Monday, Mathew McDermott, head of digital assets at Goldman, told Bloomberg News that the bank is planning to sell options and futures for ether and bitcoinvia its newly restarted crypto trading desk.</p>\n<p>Even JP Morgan, whose CEO once famously bashed bitcoin,is expanding its own crypto business,claiming its clients demand it. The global banking regulators at the Basel Committee also gave a begrudging green light for international banks to deal in cryptocurrencies (though they need to hold plenty of capital in reserve for any crypto on their balance sheet).</p>\n<p>According to McDermott, even after the drop in crypto prices, hedge funds are still eager to trade crypto. And Goldman is looking to invest in more crypto-focused companies.</p>\n<blockquote>\n \"We’ve actually seen a lot of interest from clients who are eager to trade as they find these levels as a slightly more palatable entry point,” McDermott said in a phone interview on Thursday. “We see it as a cleansing exercise to reduce some of the leverage and the excess in the system, especially from a retail perspective.” Goldman tapped McDermott, 47, to head its digital currency efforts last year. Under his watch, the business has grown to 17 people from four. The bank has also invested in crypto start-ups. It put $5 million into a fundraising round by Blockdaemon, a firm that creates and hosts the computer nodes that make up blockchain networks. In May, Goldman led the $15 million investment into Coin Metrics, a cryptocurrency and blockchain data provider to institutional clients, and McDermott joined the company’s board. “We are looking at a number of different companies that fit into our strategic direction,” he said. Other banks have also expanded their crypto operations. Cowen Inc. plans to offer “institutional-grade” custody services for cryptocurrencies. Standard Chartered Plc is setting up a joint venture to buy and sell virtual currencies, though HSBC Holdings Plc is avoiding Bitcoin for now.\n</blockquote>\n<p>Circling back to the report we mentioned above, Goldman and its team of analysts have clearly explored the pros and cons before deciding to expand its business.</p>\n<p>The term “cryptocurrencies”—which most people take to mean that crypto assets act as a digital medium of exchange, like fiat currency—is fundamentally misleading when it comes to assessing the value of these assets. Indeed,<b>the blockchain that underlies bitcoin was not designed to replace a fiat currency—it is a trusted peer-to-peer payments network.</b>As a cryptographic algorithm generates the proof that the payment was correctly executed, no third party is needed to verify the transaction.<b>The blockchain and its native coin were therefore designed to replace the banking system and others like insurance that require a trusted intermediary today, not the Dollar.</b>In that sense, the blockchain is differentiated from other “digital” transactional mechanisms such as PayPal, which is dependent upon the banking system to prevent fraud like double-spending.</p>\n<p>In order to be trustworthy, the system needed to create an asset that had no liabilities or contingent claims, which can only be a real asset just like a commodity. And to achieve that, blockchain technologies used scarcity in natural resources—oil, gas, coal, uranium and hydro—through ever-increasing computational-power consumption to “mine” a bit version of a natural resource.</p>\n<p>From this perspective, the intrinsic value of the network is the trustworthy information that the blockchain produces through its mining process, and the coins native to the network are required to unlock this trusted information, and make it tradeable and fungible. It’s therefore impossible to say that the network has value and a role in society without saying that the coin does too. And the value of the coin is dependent upon the value and growth of the network.</p>\n<p>That said, because the network is decentralized and anonymous,<b>legal challenges facing future growth for crypto assets loom large.</b>Coins trying to displace the Dollar run headlong into anti-money laundering laws (AML), as exemplified by the recent ransoms demanded in bitcoin from the Colonial Pipeline operator and the Irish Health service. Regulators can impede the use of crypto assets as a substitute for the Dollar or other currencies simply by making them non-convertible. An asset only has value if it can either be used or sold. And Chinese and Indian authorities have already challenged crypto uses in payments.</p>\n<p>As a result,<b>the market share of coins used for other purposes beyond currencies like “smart contracts” and “information tokens” will likely continue to rise.</b>However, even these non-currency uses will need to be recognized by courts of law to be accepted in commercial transactions—a question we leave to the lawyers.</p>\n<p><b>The network creates the value, unlike other commodities</b></p>\n<p>Unlike other commodities, coins derive their entire value from the network. A bitcoin has no value outside of its network as it is native to the Bitcoin blockchain. The value of oil is also largely derived from the transportation network that it fuels, but at least oil can be burned to create heat outside of this network.<b>At the other extreme, gold doesn’t require a network at all.</b></p>\n<p><img src=\"https://static.tigerbbs.com/aba6f2b8dd670875cb7a0942c5fd95f0\" tg-width=\"500\" tg-height=\"399\">Derived demand leaves the holder of the commodity exposed to the risk of the network becoming obsolete—a lesson that holders of oil reserves are now learning with decarbonization accelerating the decline of the transportation network, and, in turn damaging oil demand. Likewise,<b>bitcoin owners face accelerated network decay risk from a competing network, backed by a new cryptocurrency.</b></p>\n<p>As the demand for gold is not dependent on a network,<b>it will ultimately outlive oil and bitcoin—gold entropy lies at the unit, not the network, level.</b>Indeed, most stores of value that are used as defensive assets—like gold, diamonds and collectibles—don’t have derived demand and therefore only face unit-level entropy risk. This is what makes them defensive. The world can fall apart around them and they preserve their value. And while they don’t have derived demand, they do have other uses that establish their value, i.e. gold is used for jewelry and as a store of value.</p>\n<p><b>Transactions drive value, creating a risk-on asset</b></p>\n<p>Crypto doesn’t trade like gold and nor should it. Using any standard valuation method, transactions or expected transactions on the network are the key determinant of network value. The more transactions the blockchain can verify, the greater the network value. Transaction volumes and the demand for commodified information are roughly correlated with the business cycle; thus,<b>crypto assets should trade as pro-cyclical risk-on assets as they have for the past decade. Gold and bitcoin are therefore not competing assets as is commonly misunderstood, and can instead co-exist.</b>Because the value of the network and hence the coin is derived from the volume of transactions, hoarding coins as stores of value reduces the coins available for transactions, which reduces the value of the network.<b>Because gold doesn’t have this property, it is the only commodity that institutional investors hold in physical inventory.</b>Nearly all other commodities are held in paper inventory in the form of futures to avoid disrupting the network.<b>This suggests that, like oil, crypto investments will need to be held in the form of futures contracts, not physically, if they are to serve as stores of value.</b></p>\n<p>Crypto assets aren’t digital oil, either, as they are not non-durable consumables and can therefore be used again. This durability makes them a store of value, provided this demand doesn’t disrupt network flows. The crypto assets that have the greatest utility are also likely to be the dominant stores of value—the high utility reduces the carry costs.</p>\n<p><img src=\"https://static.tigerbbs.com/e2873efa55fd8073c76445c1cdc110f9\" tg-width=\"500\" tg-height=\"390\"></p>\n<p><b>So what is crypto? A powerful networking effect</b></p>\n<p>The network provides crypto an extremely powerful networking externality that no other commodity possesses. The operators—miners, exchanges and developers—are all paid in the native coin, making them fully vested in its success. Similarly, users—merchants, investors and speculators—are also fully vested. This gives bitcoin holders an incentive to accommodate purchases of their own products in bitcoin, which in turn, creates more demand for the coins they already own. Similarly, ether holders have an incentive to build apps and other products on the Ethereum network to increase the value of their coins.</p>\n<p><b>Because the coin holders have a stake in the network, speculation spurs adoption; even during bust periods, coin holders are motivated to work to create the next new boom.</b>After the dot-com bust, the shareholders had no commodity to promote. In crypto assets, even when prices collapse, the coin holders have a commodity to promote. They will always live for another boom, like an oil wildcatter.</p>\n<p><b>It’s all about information</b></p>\n<p>As the value of the coin is dependent on the value of the trustworthy information, blockchain technology has gravitated toward those industries where trust is most essential—finance, law and medicine. For the Bitcoin blockchain, this information is the record of every balance sheet in the network, and the transactions between them—originally the role of banks. In the case of a smart contract—a piece of code that executes according to a pre-set rule—on Ethereum, both the terms of that contract (the code) and the state of the contract (executed or not) are the information validated on the Ethereum blockchain. As a result, the counterparty in the contract cannot claim a transfer of funds without the network forming a consensus that the contract was indeed executed.<u><b>In our view the most valuable crypto assets will be those that help verify the most critical information in the economy.</b></u></p>\n<p>Over time, the decentralized nature of the network will diminish concerns about storing personal data on the blockchain. One’s digital profile could contain personal data including asset ownership, medical history and even IP rights. Since this information is immutable—it cannot be changed without consensus—the trusted information can then be tokenized and traded.<b><u>A blockchain platform like Ethereum could potentially become a large market for vendors of trusted information, like Amazon is for consumer goods today</u></b><b>.</b></p>\n<p><b>Crypto beyond this boom and bust cycle</b></p>\n<p>By many measures—Metcalfe’s Lawor Network Value to Transactions (NVT) ratio —crypto assets are in bubble territory. But does the demand for “commodified information” create enough economic value at a low enough cost to be scaled up in the long run? If the legal system accommodates these assets, we believe so.<b>While many overvalued networks exist, a few will likely emerge as long-term winners in the next stage of the digital economy, just as the tech titans of today emerged from the dot-com boom and bust.</b>This transformation is happening now—there are already an estimated 21.2 million owners of cryptocurrencies in the US alone. However, technological, environmental and legal challenges still loom large.</p>\n<p>Ethereum 2.0is expected to ramp upcapacity to 3,000 transactions per second (tps), while sharding—<b>which will scale Ethereum 2.0’s Proof of Stake (PoS) system through parallel verification of transactions—has the potential to raise capacity to as much as 100,000 tps.</b>For context, Visa has the capacity to process up to 65,000 tps but typically executes around 2,000 tps.<b>PoS intends to have validators stake the now scarce and valuable coins to incentivize good behavior instead of having miners expend energy to mine new blocks into existence, as under Proof of Work, making crypto assets more ESG friendly.</b>PoS also can significantly boost computational time in terms of transactions per second, which will further incentivize technological adoption. Ironically,<b>this is likely where the value of and demand for bitcoin will come from—being used as the scarce resource to make the PoS system work instead of natural resources.</b></p>\n<p>While overcoming the economic challenges will likely be manageable, the legal challenges are the largest for many crypto assets. And this past week was challenging for crypto assets with confirmation that the 75 bitcoin ransom over the Colonial Pipeline was actually paid. This is a reminder that cryptocurrencies still facilitate criminal activities that have large social costs.</p>\n<p><b>For Ethereum, new companies which aim to disrupt finance, law or medicine by integrating information stored on the platform into their algorithms are likely to run into problems with being legally recognized.</b>If crypto assets are to survive and grow to their fullest potential, they need to define some concept of “sufficiently decentralized” that will satisfy regulators; otherwise, the technologies will soon run out of uses.</p>\n<p>In summary: the talk in the crypto community lately has focused on whether ether is finally supplanting bitcoin since the former has more utility, and therefore a greater potential for a network effect.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Expands Crypto-Trading Desk By Offering Ether Options</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Expands Crypto-Trading Desk By Offering Ether Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 17:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/crypto/goldman-expands-crypto-trading-desk-offering-ether-options?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman Sachs released what we described as the closest thing to 'initiating coverage' on cryptocurrencies, ...</p>\n\n<a href=\"https://www.zerohedge.com/crypto/goldman-expands-crypto-trading-desk-offering-ether-options?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust","JPM":"摩根大通","GS":"高盛"},"source_url":"https://www.zerohedge.com/crypto/goldman-expands-crypto-trading-desk-offering-ether-options?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135158450","content_text":"A few weeks ago, while the prices of the biggest cryptocurrencies were careening lowering, Goldman Sachs released what we described as the closest thing to 'initiating coverage' on cryptocurrencies, with the big takeaway being that the bank saw Ethereum overtaking bitcoin as the world's most popular cryptocurrency in the not-too-distant future.\nAfter its release, we suspected that the report was a harbinger of Goldman potentially announcing an expansion of its crypto business as it scrambles to stay a step ahead of megabank rivals like JPMorgan, Citigroup and others. As it turns out, we were correct.\nBecause on Monday, Mathew McDermott, head of digital assets at Goldman, told Bloomberg News that the bank is planning to sell options and futures for ether and bitcoinvia its newly restarted crypto trading desk.\nEven JP Morgan, whose CEO once famously bashed bitcoin,is expanding its own crypto business,claiming its clients demand it. The global banking regulators at the Basel Committee also gave a begrudging green light for international banks to deal in cryptocurrencies (though they need to hold plenty of capital in reserve for any crypto on their balance sheet).\nAccording to McDermott, even after the drop in crypto prices, hedge funds are still eager to trade crypto. And Goldman is looking to invest in more crypto-focused companies.\n\n \"We’ve actually seen a lot of interest from clients who are eager to trade as they find these levels as a slightly more palatable entry point,” McDermott said in a phone interview on Thursday. “We see it as a cleansing exercise to reduce some of the leverage and the excess in the system, especially from a retail perspective.” Goldman tapped McDermott, 47, to head its digital currency efforts last year. Under his watch, the business has grown to 17 people from four. The bank has also invested in crypto start-ups. It put $5 million into a fundraising round by Blockdaemon, a firm that creates and hosts the computer nodes that make up blockchain networks. In May, Goldman led the $15 million investment into Coin Metrics, a cryptocurrency and blockchain data provider to institutional clients, and McDermott joined the company’s board. “We are looking at a number of different companies that fit into our strategic direction,” he said. Other banks have also expanded their crypto operations. Cowen Inc. plans to offer “institutional-grade” custody services for cryptocurrencies. Standard Chartered Plc is setting up a joint venture to buy and sell virtual currencies, though HSBC Holdings Plc is avoiding Bitcoin for now.\n\nCircling back to the report we mentioned above, Goldman and its team of analysts have clearly explored the pros and cons before deciding to expand its business.\nThe term “cryptocurrencies”—which most people take to mean that crypto assets act as a digital medium of exchange, like fiat currency—is fundamentally misleading when it comes to assessing the value of these assets. Indeed,the blockchain that underlies bitcoin was not designed to replace a fiat currency—it is a trusted peer-to-peer payments network.As a cryptographic algorithm generates the proof that the payment was correctly executed, no third party is needed to verify the transaction.The blockchain and its native coin were therefore designed to replace the banking system and others like insurance that require a trusted intermediary today, not the Dollar.In that sense, the blockchain is differentiated from other “digital” transactional mechanisms such as PayPal, which is dependent upon the banking system to prevent fraud like double-spending.\nIn order to be trustworthy, the system needed to create an asset that had no liabilities or contingent claims, which can only be a real asset just like a commodity. And to achieve that, blockchain technologies used scarcity in natural resources—oil, gas, coal, uranium and hydro—through ever-increasing computational-power consumption to “mine” a bit version of a natural resource.\nFrom this perspective, the intrinsic value of the network is the trustworthy information that the blockchain produces through its mining process, and the coins native to the network are required to unlock this trusted information, and make it tradeable and fungible. It’s therefore impossible to say that the network has value and a role in society without saying that the coin does too. And the value of the coin is dependent upon the value and growth of the network.\nThat said, because the network is decentralized and anonymous,legal challenges facing future growth for crypto assets loom large.Coins trying to displace the Dollar run headlong into anti-money laundering laws (AML), as exemplified by the recent ransoms demanded in bitcoin from the Colonial Pipeline operator and the Irish Health service. Regulators can impede the use of crypto assets as a substitute for the Dollar or other currencies simply by making them non-convertible. An asset only has value if it can either be used or sold. And Chinese and Indian authorities have already challenged crypto uses in payments.\nAs a result,the market share of coins used for other purposes beyond currencies like “smart contracts” and “information tokens” will likely continue to rise.However, even these non-currency uses will need to be recognized by courts of law to be accepted in commercial transactions—a question we leave to the lawyers.\nThe network creates the value, unlike other commodities\nUnlike other commodities, coins derive their entire value from the network. A bitcoin has no value outside of its network as it is native to the Bitcoin blockchain. The value of oil is also largely derived from the transportation network that it fuels, but at least oil can be burned to create heat outside of this network.At the other extreme, gold doesn’t require a network at all.\nDerived demand leaves the holder of the commodity exposed to the risk of the network becoming obsolete—a lesson that holders of oil reserves are now learning with decarbonization accelerating the decline of the transportation network, and, in turn damaging oil demand. Likewise,bitcoin owners face accelerated network decay risk from a competing network, backed by a new cryptocurrency.\nAs the demand for gold is not dependent on a network,it will ultimately outlive oil and bitcoin—gold entropy lies at the unit, not the network, level.Indeed, most stores of value that are used as defensive assets—like gold, diamonds and collectibles—don’t have derived demand and therefore only face unit-level entropy risk. This is what makes them defensive. The world can fall apart around them and they preserve their value. And while they don’t have derived demand, they do have other uses that establish their value, i.e. gold is used for jewelry and as a store of value.\nTransactions drive value, creating a risk-on asset\nCrypto doesn’t trade like gold and nor should it. Using any standard valuation method, transactions or expected transactions on the network are the key determinant of network value. The more transactions the blockchain can verify, the greater the network value. Transaction volumes and the demand for commodified information are roughly correlated with the business cycle; thus,crypto assets should trade as pro-cyclical risk-on assets as they have for the past decade. Gold and bitcoin are therefore not competing assets as is commonly misunderstood, and can instead co-exist.Because the value of the network and hence the coin is derived from the volume of transactions, hoarding coins as stores of value reduces the coins available for transactions, which reduces the value of the network.Because gold doesn’t have this property, it is the only commodity that institutional investors hold in physical inventory.Nearly all other commodities are held in paper inventory in the form of futures to avoid disrupting the network.This suggests that, like oil, crypto investments will need to be held in the form of futures contracts, not physically, if they are to serve as stores of value.\nCrypto assets aren’t digital oil, either, as they are not non-durable consumables and can therefore be used again. This durability makes them a store of value, provided this demand doesn’t disrupt network flows. The crypto assets that have the greatest utility are also likely to be the dominant stores of value—the high utility reduces the carry costs.\n\nSo what is crypto? A powerful networking effect\nThe network provides crypto an extremely powerful networking externality that no other commodity possesses. The operators—miners, exchanges and developers—are all paid in the native coin, making them fully vested in its success. Similarly, users—merchants, investors and speculators—are also fully vested. This gives bitcoin holders an incentive to accommodate purchases of their own products in bitcoin, which in turn, creates more demand for the coins they already own. Similarly, ether holders have an incentive to build apps and other products on the Ethereum network to increase the value of their coins.\nBecause the coin holders have a stake in the network, speculation spurs adoption; even during bust periods, coin holders are motivated to work to create the next new boom.After the dot-com bust, the shareholders had no commodity to promote. In crypto assets, even when prices collapse, the coin holders have a commodity to promote. They will always live for another boom, like an oil wildcatter.\nIt’s all about information\nAs the value of the coin is dependent on the value of the trustworthy information, blockchain technology has gravitated toward those industries where trust is most essential—finance, law and medicine. For the Bitcoin blockchain, this information is the record of every balance sheet in the network, and the transactions between them—originally the role of banks. In the case of a smart contract—a piece of code that executes according to a pre-set rule—on Ethereum, both the terms of that contract (the code) and the state of the contract (executed or not) are the information validated on the Ethereum blockchain. As a result, the counterparty in the contract cannot claim a transfer of funds without the network forming a consensus that the contract was indeed executed.In our view the most valuable crypto assets will be those that help verify the most critical information in the economy.\nOver time, the decentralized nature of the network will diminish concerns about storing personal data on the blockchain. One’s digital profile could contain personal data including asset ownership, medical history and even IP rights. Since this information is immutable—it cannot be changed without consensus—the trusted information can then be tokenized and traded.A blockchain platform like Ethereum could potentially become a large market for vendors of trusted information, like Amazon is for consumer goods today.\nCrypto beyond this boom and bust cycle\nBy many measures—Metcalfe’s Lawor Network Value to Transactions (NVT) ratio —crypto assets are in bubble territory. But does the demand for “commodified information” create enough economic value at a low enough cost to be scaled up in the long run? If the legal system accommodates these assets, we believe so.While many overvalued networks exist, a few will likely emerge as long-term winners in the next stage of the digital economy, just as the tech titans of today emerged from the dot-com boom and bust.This transformation is happening now—there are already an estimated 21.2 million owners of cryptocurrencies in the US alone. However, technological, environmental and legal challenges still loom large.\nEthereum 2.0is expected to ramp upcapacity to 3,000 transactions per second (tps), while sharding—which will scale Ethereum 2.0’s Proof of Stake (PoS) system through parallel verification of transactions—has the potential to raise capacity to as much as 100,000 tps.For context, Visa has the capacity to process up to 65,000 tps but typically executes around 2,000 tps.PoS intends to have validators stake the now scarce and valuable coins to incentivize good behavior instead of having miners expend energy to mine new blocks into existence, as under Proof of Work, making crypto assets more ESG friendly.PoS also can significantly boost computational time in terms of transactions per second, which will further incentivize technological adoption. Ironically,this is likely where the value of and demand for bitcoin will come from—being used as the scarce resource to make the PoS system work instead of natural resources.\nWhile overcoming the economic challenges will likely be manageable, the legal challenges are the largest for many crypto assets. And this past week was challenging for crypto assets with confirmation that the 75 bitcoin ransom over the Colonial Pipeline was actually paid. This is a reminder that cryptocurrencies still facilitate criminal activities that have large social costs.\nFor Ethereum, new companies which aim to disrupt finance, law or medicine by integrating information stored on the platform into their algorithms are likely to run into problems with being legally recognized.If crypto assets are to survive and grow to their fullest potential, they need to define some concept of “sufficiently decentralized” that will satisfy regulators; otherwise, the technologies will soon run out of uses.\nIn summary: the talk in the crypto community lately has focused on whether ether is finally supplanting bitcoin since the former has more utility, and therefore a greater potential for a network effect.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187582864,"gmtCreate":1623759113458,"gmtModify":1703818342216,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Lower cost of funding.Great!","listText":"Lower cost of funding.Great!","text":"Lower cost of funding.Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187582864","repostId":"1129954811","repostType":4,"repost":{"id":"1129954811","pubTimestamp":1623757841,"share":"https://ttm.financial/m/news/1129954811?lang=&edition=fundamental","pubTime":"2021-06-15 19:50","market":"us","language":"en","title":"Royal Caribbean is issuing $650 million of five-year junk bonds","url":"https://stock-news.laohu8.com/highlight/detail?id=1129954811","media":"MarketWatch","summary":"Royal Caribbean Group RCL, -2.38% said Tuesday it has commenced a private offering of $650 million o","content":"<p>Royal Caribbean Group RCL, -2.38% said Tuesday it has commenced a private offering of $650 million of five-year, high-yield bonds. </p>\n<p>Proceeds of the deal will be used to fund the redemption of about $619.8 million of 7.25% notes that mature in 2025 that were issued by Silversea Cruise Finance Ltd., the cruise operator said in a statement. The remaining funds will be used for general corporate purposes. </p>\n<p>Shares were up 0.51% premarket and have gained 18% in the year to date, while the S&amp;P 500 SPX, +0.18% has gained 13%.</p>\n<p><img src=\"https://static.tigerbbs.com/e7be375c5b14bd0e88066699dea19c74\" tg-width=\"663\" tg-height=\"440\"></p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Royal Caribbean is issuing $650 million of five-year junk bonds</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\">\nRoyal Caribbean is issuing $650 million of five-year junk bonds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 19:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/royal-caribbean-is-issuing-650-million-of-five-year-junk-bonds-2021-06-15?siteid=rss&utm_campaign=Feed%3A+marketwatch%2Fmarketpulse+%28MarketWatch.com+-+MarketPulse%29&utm_medium=feed&utm_source=feedburner><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Royal Caribbean Group RCL, -2.38% said Tuesday it has commenced a private offering of $650 million of five-year, high-yield bonds. \nProceeds of the deal will be used to fund the redemption of about $...</p>\n\n<a href=\"https://www.marketwatch.com/story/royal-caribbean-is-issuing-650-million-of-five-year-junk-bonds-2021-06-15?siteid=rss&utm_campaign=Feed%3A+marketwatch%2Fmarketpulse+%28MarketWatch.com+-+MarketPulse%29&utm_medium=feed&utm_source=feedburner\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RCL":"皇家加勒比邮轮"},"source_url":"https://www.marketwatch.com/story/royal-caribbean-is-issuing-650-million-of-five-year-junk-bonds-2021-06-15?siteid=rss&utm_campaign=Feed%3A+marketwatch%2Fmarketpulse+%28MarketWatch.com+-+MarketPulse%29&utm_medium=feed&utm_source=feedburner","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1129954811","content_text":"Royal Caribbean Group RCL, -2.38% said Tuesday it has commenced a private offering of $650 million of five-year, high-yield bonds. \nProceeds of the deal will be used to fund the redemption of about $619.8 million of 7.25% notes that mature in 2025 that were issued by Silversea Cruise Finance Ltd., the cruise operator said in a statement. The remaining funds will be used for general corporate purposes. \nShares were up 0.51% premarket and have gained 18% in the year to date, while the S&P 500 SPX, +0.18% has gained 13%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161397167,"gmtCreate":1623904095959,"gmtModify":1703823135553,"author":{"id":"3574875111869274","authorId":"3574875111869274","name":"HengHeng70","avatar":"https://static.tigerbbs.com/dcfaef6a1ec90952d9ee5964e8b97937","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574875111869274","authorIdStr":"3574875111869274"},"themes":[],"htmlText":"Haha.... Need to digest the rally so far.","listText":"Haha.... Need to digest the rally so far.","text":"Haha.... Need to digest the rally so far.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161397167","repostId":"2144971872","repostType":2,"repost":{"id":"2144971872","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623874888,"share":"https://ttm.financial/m/news/2144971872?lang=&edition=fundamental","pubTime":"2021-06-17 04:21","market":"sh","language":"en","title":"LIVE MARKETS-Wall Street digests the Fed, gets heartburn","url":"https://stock-news.laohu8.com/highlight/detail?id=2144971872","media":"Reuters","summary":"* Major U.S. indexes end down after FOMC results   * Utilities weakest major S&P sector; cons disc s","content":"<html><body><p>* Major U.S. indexes end down after FOMC results</p><p>   * Utilities weakest major S&amp;P sector; cons disc sole gainer</p><p>   * Dollar up; crude down, gold slides; bitcoin down ~4%</p><p>   * U.S. 10-Year Treasury yield ~1.57%  </p><p>    June 16 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   WALL STREET DIGESTS THE FED, GETS HEARTBURN (1610 EDT/2010 GMT)</p><p>   Major U.S. equity indexes closed down on Wednesday after news from the Federal Reserve that it expects the first post-pandemic interest rate hikes to be sooner than forecast.</p><p>   The Nasdaq   , S&amp;P 500    and Dow Industrials</p><p>  finished off around 0.2%-0.8%.</p><p>   Nearly all major S&amp;P 500 sectors closed lower, with consumer discretionary    the only gainer.</p><p>   Of note, after initial weakness in the wake of the FOMC statement at 2 PM EDT, and then a modest bounce, there was some additional strength that kicked in from around the time Fed Chair Powell began his 2:30 PM EDT press conference.</p><p>   Although financials    were the only winner from statement release to press conference, from the presser on things changed, with discretionary, tech    and communication services    seeing the most strength then into the close. FANGs    were among the outperformers, while financials were red over this hour and half period.</p><p>   In the end, growth    outperformed value    on the day.</p><p>   Regarding the Fed, Frances Donald, Global Chief Economist at Manulife Investment Management said, \"The dot plot is now showing two rate hikes by 2023. That's enough of a hawkish surprise for the bond market and its getting all of the attention.\"</p><p>   Donald added, \"What's interesting here is that the Federal Reserve has increased its estimate of when the first rate hikes will come but not materially changed its 2022 and 2023 projections for growth and inflation. What that tells us is that while the outlook hasn't dramatically changed it seems that the Fed's confidence in returning to a normal environment has.\"</p><p>   Here is Wednesday's closing snapshot:</p><p>   (Terence Gabriel, Sinéad Carew)</p><p>   *****  </p><p>   S&amp;P 500 RED AFTER FED (1424 EDT/1824 GMT)</p><p>   The S&amp;P 500    initially dove with the release of the FOMC Meeting statement.</p><p>   This after The Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a longstanding reference that the crisis was weighing on the economy.      </p><p>   The SPX has snapped back off its low some, but remains down for the day. </p><p>   Nearly all major S&amp;P 500 sectors are red on the day. Financials    are slightly positive, and are the only sector to rally since just prior to the 2 PM EDT release time. Tech    is the weakest group over this short period.</p><p>   With this, the dollar    has strengthened, while spot gold    has dipped. The U.S. 10-Year Treasury yield</p><p>  has popped up to around 1.54% from around 1.49%. </p><p>   Regarding the Fed Statement, Ryan Detrick, Senior Market Strategist at LPL Financial Research said, \"There was a big jump in (the Fed’s) inflation expectations, a point above March projections, and with the likelihood of first rate hike now in 2023, there was a knee jerk reaction and the market is trying to digest it.\"</p><p>   Detrick added that he thought the market was expecting this, and is having typical Fed day volatility.</p><p>   \"It’s like you get all worked up and excited when the Fed has an announcement and the market sleeps on it overnight and go the other way the very next day.\"</p><p>   \"There’s no sign of tapering, but we’ll see with the Q&amp;A.”</p><p>   (Terence Gabriel, Stephen Culp)</p><p>   *****</p><p>   COMPANIES DIVE BACK INTO THE BUYBACK POOL (1240 EDT/1640 GMT)</p><p>   Howard Silverblatt, Senior Index Analyst at S&amp;P Dow Jones Indices, is out this week with some commentary on buybacks.</p><p>   According to Silverblatt, after reining in buybacks in Q2 2020 ($88.7 billion; Q1 2020 was $198.7 billion), more companies ventured back into the buyback market as they sought shares to cover employee options being exercised and stem dilution.</p><p>   He believes this, combined with buying from strong cash-flow companies, drove a buyback rebound in the fourth quarter of 2020 ($130.5 billion; Q3 was $101.8 billion).</p><p>   Silverblatt adds that Q1 2021 accelerated the return ($178.1 billion), as more companies covered their options and did discretionary buying, thereby reducing their share count and aiding EPS.</p><p>   For the remainder of 2021, Silverblatt says strong cash-flow considerations are expected to continue to dominate buyback headlines, but the \"broader market and economic story may be the breadth, expenditures and willingness of the companies, which mostly shut down their programs over COVID uncertainties, to return to buybacks.\"</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FROM THE FED, WATCH THE DOTS AND THE FORECASTS (1215 EDT/1615 GMT)</p><p>   All eyes are on the U.S. Federal Reserve for signals on how the central bank could begin unwinding its massive bond-buying program.  </p><p>   However, Fed chairman Jerome Powell is unlikely to provide much beyond acknowledgement that policymakers are \"talking about talking about tapering,\" Michael Pearce, senior U.S. economist at Capital Economics told the Reuters Global Markets Forum. </p><p>   Pearce is eyeing the Fed's \"dot plot,\" an indication of when policymakers expect interest rate hikes. </p><p>   \"The first rate hike will probably be bumped forward to 2023 in the median projection, and some of the individual dots could be higher for 2022 and 2023,\" he said. </p><p>   Such revisions will not be a huge surprise, but Pearce says changes to the Fed's unemployment and inflation forecasts will be key. </p><p>   Given recent data, Pearce says inflation forecasts will \"definitely need to rise,\" but if policymakers stick to their belief that inflationary forces are transitory, they could lower core inflation forecasts for 2022. </p><p>   Pearce thinks inflation could be more persistent, noting supply shortages and the possible start to \"a larger upturn in the most cyclical components of (the) consumer price index.\"</p><p>   A bigger question for Pearce is the impact of rising prices on economic activity. He points to June's University of Michigan survey showing consumers are concerned about the prices of homes, vehicles, and durable goods.  </p><p>   If inflation clamps consumer spending, it would likely prompt revisions to otherwise strong forecasts for U.S. economic growth. Currently, Pearce expects gross domestic product for the second quarter at around 10% annualized. </p><p>   \"By the end of the year, I'd expect U.S. GDP to be pretty much back on its pre-Covid trend path, though I suspect the unemployment rate will still be slightly elevated,\" he said.</p><p>   As far as tapering goes, Pearce expects a clearer timeline around August, and a gradual rollback of purchases that takes most of 2022.   </p><p>   (GMF membership link): </p><p>   (Lisa Mattackal)</p><p>   ****</p><p>    CAUTIOUS EUROPEAN CLOSE (1150 EDT/1550 GMT)</p><p>   The banking sector being the top loser, with a 0.8% decline, probably tells you all you need to know about what change investors expect from the Fed and the ECB's policy stance.</p><p>   Yes, not much indeed and easing government bond yields tell us roughly the same story.</p><p>   Anyhow, aside from banking and auto stocks, this session was fairly positive for the pan-European STOXX 600 with a 0.2% gain. We even had an intra day high of 460.3, just a whisker below the 460.5 record set on Monday.</p><p>   One disappointing note perhaps was the IPO of Made.com</p><p>  which lost about 5% on its London debut, another company to fall on its first day of trading in a volatile year for stock market listings.</p><p>   That list comprises Deliveroo and Alphawave but also France's Believe. </p><p>   Overall the market price action was fairly limited, which is understandable before a Fed meeting. </p><p>   \"Markets have been in deep freeze the last few days waiting for tonight’s decision\", wrote Chris Beauchamp at IG. </p><p>   \"Those hoping for a mis-step from the chairman will probably be disappointed – he knows where the questions will focus and will be determined not to be caught on the hop\", he added.</p><p>   (Julien Ponthus) </p><p>   *****</p><p>   TEMPERING THE TASTE FOR TECH (1129 EDT/1529 GMT)</p><p>   LPL Financial Research is out with a note this week in which they say it's time to temper tech.</p><p>   “It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” explained LPL Equity Strategist Jeffrey Buchbinder. “But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”</p><p>   Indeed, LPL downgraded technology to neutral primarily for the following reasons:</p><p>   First off, the reopening. LPL expects the market’s shift toward reopening beneficiaries vs work-from-home stocks to continue. </p><p>   Secondly, valuations. According to LPL, the P/E for the tech sector based on estimated earnings over the next 12 months, as well as its relative valuation vs the S&amp;P 500   , are both elevated. </p><p>   Additionally, comparing value to growth based on the Russell 1000 style indexes reveals an \"even bigger gap—the Growth Index is trading at a more than 60% premium to the Value Index, the most in 20 years.\" LPL adds that interest rates, which they expect to rise for the rest of 2021, might take a bite out of richly valued growth stocks.</p><p>   Finally, LPL says that although the sector is near its all-time high, its relative performance versus the S&amp;P 500 Index peaked last September and has been drifting sideways to lower since then, pointing them to a neutral sector view.</p><p>   LPL emphasizes that their downgrade doesn’t in any way mean they plan to abandon tech completely, saying that \"we believe the sector likely moves higher in the second half of the year, along with the broad market, but we just see better opportunities for outperformance in cyclical value stocks.\"</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   COOKING WITH GAS: HOT INFLATION AFFECTS IMPORTS, HOUSING STARTS (1045 EDT/1445 GMT)</p><p>   Data released on Wednesday provided plenty of fodder for those who are fretting over rising prices and looking to the U.S. Federal Reserve, which concludes its two-day monetary policy meeting this afternoon, for any change in nuance regarding its assertion that the current wave is temporary.</p><p>   The cost of goods imported to the United States    increased by 1.1% in May according to the Labor Department, hotter than the 0.8% consensus and an acceleration from the previous month.  </p><p>   The increase was largely driven by gasoline and industrial supplies, further evidence that supply chain bottlenecks in the face of a demand boom are sending prices skyward.</p><p>   Year-over-year, import prices heated up to a scalding 11.3%, the highest in nearly a decade and soaring well beyond other major indicators, which are all running at or above the Fed's average annual 2% inflation target.</p><p>   But Mahir Rasheed, U.S. economist at Oxford Economics (OE), agrees with the Fed's assurances.</p><p>   \"As supply-side constraints gradually dissipate and the influence of base effects gradually fades in the coming months, we expect the pace of import price inflation to moderate in the second half of the year,\" Rasheed writes.</p><p>   Here's how those indicators stack up against the central bank's favorite inflation yardstick, core PCE:</p><p>   A report from the Commerce Department showed groundbreaking on new American homes    increased by 3.6% last month to 1.572 million units at a seasonally adjusted annualized rate (SAAR). This was cold comfort considering it, was a smaller-than-expected partial rebound from April's stark 12.1% plunge.  </p><p>   A suburban homebuying frenzy unleashed by social distancing restrictions has sent inventories to record lows, supporting the homebuilding sector. But that same supply crunch has touched building materials, launching lumber prices to the moon and hampering new construction.</p><p>   Building permits   , <a href=\"https://laohu8.com/S/AONE\">one</a> of the more forward-looking housing indicators, dropped by 3% to 1.682 million units SAAR, steeper than expected and an acceleration from the 1.3% drop the month prior. </p><p>   It's worth pointing out, however, that building permits remain well above pre-COVID levels.</p><p>   \"We think construction has some way further to fall, though the shortage of inventory means that activity will remain higher than implied by the mortgage applications data for some time yet,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics.</p><p>   Speaking of which, dropping interest rates goosed demand for home loans by 4.2% last week, according to the Mortgage Bankers Association (MBA).</p><p>   A 4-basis-point drop in the average 30-year fixed contract rate    - to 3.11% from 3.15% - helped boost applications for refi    and purchase loans</p><p>  by 6% and 2%, respectively.</p><p>   The increase was also likely attributable, in part, to a rebound from the Memorial Day holiday effect.</p><p>   \"Strong demand and the recent decline in mortgage rates, which are down more than 25 basis points since early April, should support some homebuying activity,\" says Nancy Vanden Houten, lead economist at Oxford Economics. \"But limited supply and sharply higher home prices still present considerable headwinds.\"</p><p>   U.S. stock indexes are mixed ahead of the FOMC statement expected at 2pm EDT at the conclusion of its two-day monetary policy meeting.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   MEME STOCKS LOSING STEAM, QUAD WITCHING COULD MAKE IT WORSE (0930 EDT/1330 GMT)</p><p>   A basket tracking some of the most popular meme stocks is down by 17% over the past week, analysts at Vanda Research said.</p><p>   Indeed, such stocks as AMC Entertainment Holdings Inc</p><p> , GameStop Corp   , Clover Health Investments Corp</p><p>  and Workhorse Group    are all under pressure in the early throes of Wednesday's regular session after a wild ride over the past few weeks.  </p><p>   The current meme stock bubble has been running for three weeks now, just about the same time as the last bubble in January. With retail flows surpassing the peak of Q1 and given the amount of risk embedded in these investments, retail investors will rush to the exit unless there's an immediate rally, Vanda Researchers said.</p><p>   This week's quadruple witching event could make things even more complicated for meme stocks. In the last couple of days open interest on call options on meme stocks has been declining as traders take profits before the expiry. In response, market makers are unwinding their long-stock hedges, creating a negative feedback loop, analysts added.</p><p>   Quadruple witching refers to the simultaneous expiration of single-stock options, index options, single-stock futures and index futures, which happens on the third Friday in March, June, September and December.</p><p>   \"All manias run out of energy at some point and this is no different,\" said Art Hogan, chief market strategist at National Securities in New York.</p><p>   \"It hasn't completely disappeared but overall volumes are starting to peter out and that's just the natural course of events.\"  </p><p>    (Medha Singh)</p><p>   *****</p><p>   NASDAQ VS COMMODITIES: TIME FOR TECH TO STEP UP? (0900 EDT/1300 GMT)</p><p>   The tech-laden Nasdaq Composite    relative to the Refinitiv/CoreCommodity CRB index    appears to once again be at an important juncture on the charts.  </p><p>   The Nasdaq/CRB ratio, on a weekly basis, hit a record high of 80.54 in early November of last year. Since then, however, the Nasdaq has underperformed \"stuff.\" In fact, the ratio hit a 14-month low in early June:</p><p>   Now nearly 67, the ratio is flirting with what appears to be significant support in the form of a log-scale trend line from its 2011 trough, now around 65.65, as well as the 100-week moving average <a href=\"https://laohu8.com/S/WMA.AU\">$(WMA.AU)$</a>, now around 64.40.</p><p>   The ratio did suffer a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week closing violation of the support line in late 2018. However, with the market's December bottom that year, it quickly reversed to the upside without breaking the 100-WMA. The trendline then contained weakness in  2019, and early 2020.</p><p>   Of note, the ratio has been on a record run vs its 100-WMA. In fact, it is on pace for its 499th straight weekly close above this long-term moving average. This current run above the 100-WMA dwarfs the ratio's 155-week streak that lasted into the Y2K tech bubble top.</p><p>   Thus, in the face of this week's event risks in the form of today's FOMC results  , and Friday's quadruple witching  , it may now be time for tech to once again step up, in order to underpin a renewed Nasdaq advance relative to commodities.   </p><p>   A ratio weekly close below support can add credence to the view that a sea change in trend is underway. A deeper decline to threaten the March 2000 high, at 28.9, could see the ratio lose more than half its value from current levels.</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FOR WEDNESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ IXICTRCCRB06162021     Inflation     Housing starts and building permits     MBA     closer06162021    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</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>LIVE MARKETS-Wall Street digests the Fed, gets heartburn</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\">\nLIVE MARKETS-Wall Street digests the Fed, gets heartburn\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 04:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Major U.S. indexes end down after FOMC results</p><p>   * Utilities weakest major S&amp;P sector; cons disc sole gainer</p><p>   * Dollar up; crude down, gold slides; bitcoin down ~4%</p><p>   * U.S. 10-Year Treasury yield ~1.57%  </p><p>    June 16 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   WALL STREET DIGESTS THE FED, GETS HEARTBURN (1610 EDT/2010 GMT)</p><p>   Major U.S. equity indexes closed down on Wednesday after news from the Federal Reserve that it expects the first post-pandemic interest rate hikes to be sooner than forecast.</p><p>   The Nasdaq   , S&amp;P 500    and Dow Industrials</p><p>  finished off around 0.2%-0.8%.</p><p>   Nearly all major S&amp;P 500 sectors closed lower, with consumer discretionary    the only gainer.</p><p>   Of note, after initial weakness in the wake of the FOMC statement at 2 PM EDT, and then a modest bounce, there was some additional strength that kicked in from around the time Fed Chair Powell began his 2:30 PM EDT press conference.</p><p>   Although financials    were the only winner from statement release to press conference, from the presser on things changed, with discretionary, tech    and communication services    seeing the most strength then into the close. FANGs    were among the outperformers, while financials were red over this hour and half period.</p><p>   In the end, growth    outperformed value    on the day.</p><p>   Regarding the Fed, Frances Donald, Global Chief Economist at Manulife Investment Management said, \"The dot plot is now showing two rate hikes by 2023. That's enough of a hawkish surprise for the bond market and its getting all of the attention.\"</p><p>   Donald added, \"What's interesting here is that the Federal Reserve has increased its estimate of when the first rate hikes will come but not materially changed its 2022 and 2023 projections for growth and inflation. What that tells us is that while the outlook hasn't dramatically changed it seems that the Fed's confidence in returning to a normal environment has.\"</p><p>   Here is Wednesday's closing snapshot:</p><p>   (Terence Gabriel, Sinéad Carew)</p><p>   *****  </p><p>   S&amp;P 500 RED AFTER FED (1424 EDT/1824 GMT)</p><p>   The S&amp;P 500    initially dove with the release of the FOMC Meeting statement.</p><p>   This after The Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a longstanding reference that the crisis was weighing on the economy.      </p><p>   The SPX has snapped back off its low some, but remains down for the day. </p><p>   Nearly all major S&amp;P 500 sectors are red on the day. Financials    are slightly positive, and are the only sector to rally since just prior to the 2 PM EDT release time. Tech    is the weakest group over this short period.</p><p>   With this, the dollar    has strengthened, while spot gold    has dipped. The U.S. 10-Year Treasury yield</p><p>  has popped up to around 1.54% from around 1.49%. </p><p>   Regarding the Fed Statement, Ryan Detrick, Senior Market Strategist at LPL Financial Research said, \"There was a big jump in (the Fed’s) inflation expectations, a point above March projections, and with the likelihood of first rate hike now in 2023, there was a knee jerk reaction and the market is trying to digest it.\"</p><p>   Detrick added that he thought the market was expecting this, and is having typical Fed day volatility.</p><p>   \"It’s like you get all worked up and excited when the Fed has an announcement and the market sleeps on it overnight and go the other way the very next day.\"</p><p>   \"There’s no sign of tapering, but we’ll see with the Q&amp;A.”</p><p>   (Terence Gabriel, Stephen Culp)</p><p>   *****</p><p>   COMPANIES DIVE BACK INTO THE BUYBACK POOL (1240 EDT/1640 GMT)</p><p>   Howard Silverblatt, Senior Index Analyst at S&amp;P Dow Jones Indices, is out this week with some commentary on buybacks.</p><p>   According to Silverblatt, after reining in buybacks in Q2 2020 ($88.7 billion; Q1 2020 was $198.7 billion), more companies ventured back into the buyback market as they sought shares to cover employee options being exercised and stem dilution.</p><p>   He believes this, combined with buying from strong cash-flow companies, drove a buyback rebound in the fourth quarter of 2020 ($130.5 billion; Q3 was $101.8 billion).</p><p>   Silverblatt adds that Q1 2021 accelerated the return ($178.1 billion), as more companies covered their options and did discretionary buying, thereby reducing their share count and aiding EPS.</p><p>   For the remainder of 2021, Silverblatt says strong cash-flow considerations are expected to continue to dominate buyback headlines, but the \"broader market and economic story may be the breadth, expenditures and willingness of the companies, which mostly shut down their programs over COVID uncertainties, to return to buybacks.\"</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FROM THE FED, WATCH THE DOTS AND THE FORECASTS (1215 EDT/1615 GMT)</p><p>   All eyes are on the U.S. Federal Reserve for signals on how the central bank could begin unwinding its massive bond-buying program.  </p><p>   However, Fed chairman Jerome Powell is unlikely to provide much beyond acknowledgement that policymakers are \"talking about talking about tapering,\" Michael Pearce, senior U.S. economist at Capital Economics told the Reuters Global Markets Forum. </p><p>   Pearce is eyeing the Fed's \"dot plot,\" an indication of when policymakers expect interest rate hikes. </p><p>   \"The first rate hike will probably be bumped forward to 2023 in the median projection, and some of the individual dots could be higher for 2022 and 2023,\" he said. </p><p>   Such revisions will not be a huge surprise, but Pearce says changes to the Fed's unemployment and inflation forecasts will be key. </p><p>   Given recent data, Pearce says inflation forecasts will \"definitely need to rise,\" but if policymakers stick to their belief that inflationary forces are transitory, they could lower core inflation forecasts for 2022. </p><p>   Pearce thinks inflation could be more persistent, noting supply shortages and the possible start to \"a larger upturn in the most cyclical components of (the) consumer price index.\"</p><p>   A bigger question for Pearce is the impact of rising prices on economic activity. He points to June's University of Michigan survey showing consumers are concerned about the prices of homes, vehicles, and durable goods.  </p><p>   If inflation clamps consumer spending, it would likely prompt revisions to otherwise strong forecasts for U.S. economic growth. Currently, Pearce expects gross domestic product for the second quarter at around 10% annualized. </p><p>   \"By the end of the year, I'd expect U.S. GDP to be pretty much back on its pre-Covid trend path, though I suspect the unemployment rate will still be slightly elevated,\" he said.</p><p>   As far as tapering goes, Pearce expects a clearer timeline around August, and a gradual rollback of purchases that takes most of 2022.   </p><p>   (GMF membership link): </p><p>   (Lisa Mattackal)</p><p>   ****</p><p>    CAUTIOUS EUROPEAN CLOSE (1150 EDT/1550 GMT)</p><p>   The banking sector being the top loser, with a 0.8% decline, probably tells you all you need to know about what change investors expect from the Fed and the ECB's policy stance.</p><p>   Yes, not much indeed and easing government bond yields tell us roughly the same story.</p><p>   Anyhow, aside from banking and auto stocks, this session was fairly positive for the pan-European STOXX 600 with a 0.2% gain. We even had an intra day high of 460.3, just a whisker below the 460.5 record set on Monday.</p><p>   One disappointing note perhaps was the IPO of Made.com</p><p>  which lost about 5% on its London debut, another company to fall on its first day of trading in a volatile year for stock market listings.</p><p>   That list comprises Deliveroo and Alphawave but also France's Believe. </p><p>   Overall the market price action was fairly limited, which is understandable before a Fed meeting. </p><p>   \"Markets have been in deep freeze the last few days waiting for tonight’s decision\", wrote Chris Beauchamp at IG. </p><p>   \"Those hoping for a mis-step from the chairman will probably be disappointed – he knows where the questions will focus and will be determined not to be caught on the hop\", he added.</p><p>   (Julien Ponthus) </p><p>   *****</p><p>   TEMPERING THE TASTE FOR TECH (1129 EDT/1529 GMT)</p><p>   LPL Financial Research is out with a note this week in which they say it's time to temper tech.</p><p>   “It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” explained LPL Equity Strategist Jeffrey Buchbinder. “But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”</p><p>   Indeed, LPL downgraded technology to neutral primarily for the following reasons:</p><p>   First off, the reopening. LPL expects the market’s shift toward reopening beneficiaries vs work-from-home stocks to continue. </p><p>   Secondly, valuations. According to LPL, the P/E for the tech sector based on estimated earnings over the next 12 months, as well as its relative valuation vs the S&amp;P 500   , are both elevated. </p><p>   Additionally, comparing value to growth based on the Russell 1000 style indexes reveals an \"even bigger gap—the Growth Index is trading at a more than 60% premium to the Value Index, the most in 20 years.\" LPL adds that interest rates, which they expect to rise for the rest of 2021, might take a bite out of richly valued growth stocks.</p><p>   Finally, LPL says that although the sector is near its all-time high, its relative performance versus the S&amp;P 500 Index peaked last September and has been drifting sideways to lower since then, pointing them to a neutral sector view.</p><p>   LPL emphasizes that their downgrade doesn’t in any way mean they plan to abandon tech completely, saying that \"we believe the sector likely moves higher in the second half of the year, along with the broad market, but we just see better opportunities for outperformance in cyclical value stocks.\"</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   COOKING WITH GAS: HOT INFLATION AFFECTS IMPORTS, HOUSING STARTS (1045 EDT/1445 GMT)</p><p>   Data released on Wednesday provided plenty of fodder for those who are fretting over rising prices and looking to the U.S. Federal Reserve, which concludes its two-day monetary policy meeting this afternoon, for any change in nuance regarding its assertion that the current wave is temporary.</p><p>   The cost of goods imported to the United States    increased by 1.1% in May according to the Labor Department, hotter than the 0.8% consensus and an acceleration from the previous month.  </p><p>   The increase was largely driven by gasoline and industrial supplies, further evidence that supply chain bottlenecks in the face of a demand boom are sending prices skyward.</p><p>   Year-over-year, import prices heated up to a scalding 11.3%, the highest in nearly a decade and soaring well beyond other major indicators, which are all running at or above the Fed's average annual 2% inflation target.</p><p>   But Mahir Rasheed, U.S. economist at Oxford Economics (OE), agrees with the Fed's assurances.</p><p>   \"As supply-side constraints gradually dissipate and the influence of base effects gradually fades in the coming months, we expect the pace of import price inflation to moderate in the second half of the year,\" Rasheed writes.</p><p>   Here's how those indicators stack up against the central bank's favorite inflation yardstick, core PCE:</p><p>   A report from the Commerce Department showed groundbreaking on new American homes    increased by 3.6% last month to 1.572 million units at a seasonally adjusted annualized rate (SAAR). This was cold comfort considering it, was a smaller-than-expected partial rebound from April's stark 12.1% plunge.  </p><p>   A suburban homebuying frenzy unleashed by social distancing restrictions has sent inventories to record lows, supporting the homebuilding sector. But that same supply crunch has touched building materials, launching lumber prices to the moon and hampering new construction.</p><p>   Building permits   , <a href=\"https://laohu8.com/S/AONE\">one</a> of the more forward-looking housing indicators, dropped by 3% to 1.682 million units SAAR, steeper than expected and an acceleration from the 1.3% drop the month prior. </p><p>   It's worth pointing out, however, that building permits remain well above pre-COVID levels.</p><p>   \"We think construction has some way further to fall, though the shortage of inventory means that activity will remain higher than implied by the mortgage applications data for some time yet,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics.</p><p>   Speaking of which, dropping interest rates goosed demand for home loans by 4.2% last week, according to the Mortgage Bankers Association (MBA).</p><p>   A 4-basis-point drop in the average 30-year fixed contract rate    - to 3.11% from 3.15% - helped boost applications for refi    and purchase loans</p><p>  by 6% and 2%, respectively.</p><p>   The increase was also likely attributable, in part, to a rebound from the Memorial Day holiday effect.</p><p>   \"Strong demand and the recent decline in mortgage rates, which are down more than 25 basis points since early April, should support some homebuying activity,\" says Nancy Vanden Houten, lead economist at Oxford Economics. \"But limited supply and sharply higher home prices still present considerable headwinds.\"</p><p>   U.S. stock indexes are mixed ahead of the FOMC statement expected at 2pm EDT at the conclusion of its two-day monetary policy meeting.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   MEME STOCKS LOSING STEAM, QUAD WITCHING COULD MAKE IT WORSE (0930 EDT/1330 GMT)</p><p>   A basket tracking some of the most popular meme stocks is down by 17% over the past week, analysts at Vanda Research said.</p><p>   Indeed, such stocks as AMC Entertainment Holdings Inc</p><p> , GameStop Corp   , Clover Health Investments Corp</p><p>  and Workhorse Group    are all under pressure in the early throes of Wednesday's regular session after a wild ride over the past few weeks.  </p><p>   The current meme stock bubble has been running for three weeks now, just about the same time as the last bubble in January. With retail flows surpassing the peak of Q1 and given the amount of risk embedded in these investments, retail investors will rush to the exit unless there's an immediate rally, Vanda Researchers said.</p><p>   This week's quadruple witching event could make things even more complicated for meme stocks. In the last couple of days open interest on call options on meme stocks has been declining as traders take profits before the expiry. In response, market makers are unwinding their long-stock hedges, creating a negative feedback loop, analysts added.</p><p>   Quadruple witching refers to the simultaneous expiration of single-stock options, index options, single-stock futures and index futures, which happens on the third Friday in March, June, September and December.</p><p>   \"All manias run out of energy at some point and this is no different,\" said Art Hogan, chief market strategist at National Securities in New York.</p><p>   \"It hasn't completely disappeared but overall volumes are starting to peter out and that's just the natural course of events.\"  </p><p>    (Medha Singh)</p><p>   *****</p><p>   NASDAQ VS COMMODITIES: TIME FOR TECH TO STEP UP? (0900 EDT/1300 GMT)</p><p>   The tech-laden Nasdaq Composite    relative to the Refinitiv/CoreCommodity CRB index    appears to once again be at an important juncture on the charts.  </p><p>   The Nasdaq/CRB ratio, on a weekly basis, hit a record high of 80.54 in early November of last year. Since then, however, the Nasdaq has underperformed \"stuff.\" In fact, the ratio hit a 14-month low in early June:</p><p>   Now nearly 67, the ratio is flirting with what appears to be significant support in the form of a log-scale trend line from its 2011 trough, now around 65.65, as well as the 100-week moving average <a href=\"https://laohu8.com/S/WMA.AU\">$(WMA.AU)$</a>, now around 64.40.</p><p>   The ratio did suffer a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-week closing violation of the support line in late 2018. However, with the market's December bottom that year, it quickly reversed to the upside without breaking the 100-WMA. The trendline then contained weakness in  2019, and early 2020.</p><p>   Of note, the ratio has been on a record run vs its 100-WMA. In fact, it is on pace for its 499th straight weekly close above this long-term moving average. This current run above the 100-WMA dwarfs the ratio's 155-week streak that lasted into the Y2K tech bubble top.</p><p>   Thus, in the face of this week's event risks in the form of today's FOMC results  , and Friday's quadruple witching  , it may now be time for tech to once again step up, in order to underpin a renewed Nasdaq advance relative to commodities.   </p><p>   A ratio weekly close below support can add credence to the view that a sea change in trend is underway. A deeper decline to threaten the March 2000 high, at 28.9, could see the ratio lose more than half its value from current levels.</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FOR WEDNESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ IXICTRCCRB06162021     Inflation     Housing starts and building permits     MBA     closer06162021    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DJX":"1/100道琼斯","UDOW":"道指三倍做多ETF-ProShares","SQQQ":"纳指三倍做空ETF","QQQ":"纳指100ETF","DXD":"道指两倍做空ETF","TQQQ":"纳指三倍做多ETF",".DJI":"道琼斯","SDOW":"道指三倍做空ETF-ProShares",".SPX":"S&P 500 Index","QID":"纳指两倍做空ETF","PSQ":"纳指反向ETF",".IXIC":"NASDAQ Composite","DOG":"道指反向ETF","DDM":"道指两倍做多ETF","QLD":"纳指两倍做多ETF"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144971872","content_text":"* Major U.S. indexes end down after FOMC results   * Utilities weakest major S&P sector; cons disc sole gainer   * Dollar up; crude down, gold slides; bitcoin down ~4%   * U.S. 10-Year Treasury yield ~1.57%      June 16 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com   WALL STREET DIGESTS THE FED, GETS HEARTBURN (1610 EDT/2010 GMT)   Major U.S. equity indexes closed down on Wednesday after news from the Federal Reserve that it expects the first post-pandemic interest rate hikes to be sooner than forecast.   The Nasdaq   , S&P 500    and Dow Industrials  finished off around 0.2%-0.8%.   Nearly all major S&P 500 sectors closed lower, with consumer discretionary    the only gainer.   Of note, after initial weakness in the wake of the FOMC statement at 2 PM EDT, and then a modest bounce, there was some additional strength that kicked in from around the time Fed Chair Powell began his 2:30 PM EDT press conference.   Although financials    were the only winner from statement release to press conference, from the presser on things changed, with discretionary, tech    and communication services    seeing the most strength then into the close. FANGs    were among the outperformers, while financials were red over this hour and half period.   In the end, growth    outperformed value    on the day.   Regarding the Fed, Frances Donald, Global Chief Economist at Manulife Investment Management said, \"The dot plot is now showing two rate hikes by 2023. That's enough of a hawkish surprise for the bond market and its getting all of the attention.\"   Donald added, \"What's interesting here is that the Federal Reserve has increased its estimate of when the first rate hikes will come but not materially changed its 2022 and 2023 projections for growth and inflation. What that tells us is that while the outlook hasn't dramatically changed it seems that the Fed's confidence in returning to a normal environment has.\"   Here is Wednesday's closing snapshot:   (Terence Gabriel, Sinéad Carew)   *****     S&P 500 RED AFTER FED (1424 EDT/1824 GMT)   The S&P 500    initially dove with the release of the FOMC Meeting statement.   This after The Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a longstanding reference that the crisis was weighing on the economy.         The SPX has snapped back off its low some, but remains down for the day.    Nearly all major S&P 500 sectors are red on the day. Financials    are slightly positive, and are the only sector to rally since just prior to the 2 PM EDT release time. Tech    is the weakest group over this short period.   With this, the dollar    has strengthened, while spot gold    has dipped. The U.S. 10-Year Treasury yield  has popped up to around 1.54% from around 1.49%.    Regarding the Fed Statement, Ryan Detrick, Senior Market Strategist at LPL Financial Research said, \"There was a big jump in (the Fed’s) inflation expectations, a point above March projections, and with the likelihood of first rate hike now in 2023, there was a knee jerk reaction and the market is trying to digest it.\"   Detrick added that he thought the market was expecting this, and is having typical Fed day volatility.   \"It’s like you get all worked up and excited when the Fed has an announcement and the market sleeps on it overnight and go the other way the very next day.\"   \"There’s no sign of tapering, but we’ll see with the Q&A.”   (Terence Gabriel, Stephen Culp)   *****   COMPANIES DIVE BACK INTO THE BUYBACK POOL (1240 EDT/1640 GMT)   Howard Silverblatt, Senior Index Analyst at S&P Dow Jones Indices, is out this week with some commentary on buybacks.   According to Silverblatt, after reining in buybacks in Q2 2020 ($88.7 billion; Q1 2020 was $198.7 billion), more companies ventured back into the buyback market as they sought shares to cover employee options being exercised and stem dilution.   He believes this, combined with buying from strong cash-flow companies, drove a buyback rebound in the fourth quarter of 2020 ($130.5 billion; Q3 was $101.8 billion).   Silverblatt adds that Q1 2021 accelerated the return ($178.1 billion), as more companies covered their options and did discretionary buying, thereby reducing their share count and aiding EPS.   For the remainder of 2021, Silverblatt says strong cash-flow considerations are expected to continue to dominate buyback headlines, but the \"broader market and economic story may be the breadth, expenditures and willingness of the companies, which mostly shut down their programs over COVID uncertainties, to return to buybacks.\"   (Terence Gabriel)   *****   FROM THE FED, WATCH THE DOTS AND THE FORECASTS (1215 EDT/1615 GMT)   All eyes are on the U.S. Federal Reserve for signals on how the central bank could begin unwinding its massive bond-buying program.     However, Fed chairman Jerome Powell is unlikely to provide much beyond acknowledgement that policymakers are \"talking about talking about tapering,\" Michael Pearce, senior U.S. economist at Capital Economics told the Reuters Global Markets Forum.    Pearce is eyeing the Fed's \"dot plot,\" an indication of when policymakers expect interest rate hikes.    \"The first rate hike will probably be bumped forward to 2023 in the median projection, and some of the individual dots could be higher for 2022 and 2023,\" he said.    Such revisions will not be a huge surprise, but Pearce says changes to the Fed's unemployment and inflation forecasts will be key.    Given recent data, Pearce says inflation forecasts will \"definitely need to rise,\" but if policymakers stick to their belief that inflationary forces are transitory, they could lower core inflation forecasts for 2022.    Pearce thinks inflation could be more persistent, noting supply shortages and the possible start to \"a larger upturn in the most cyclical components of (the) consumer price index.\"   A bigger question for Pearce is the impact of rising prices on economic activity. He points to June's University of Michigan survey showing consumers are concerned about the prices of homes, vehicles, and durable goods.     If inflation clamps consumer spending, it would likely prompt revisions to otherwise strong forecasts for U.S. economic growth. Currently, Pearce expects gross domestic product for the second quarter at around 10% annualized.    \"By the end of the year, I'd expect U.S. GDP to be pretty much back on its pre-Covid trend path, though I suspect the unemployment rate will still be slightly elevated,\" he said.   As far as tapering goes, Pearce expects a clearer timeline around August, and a gradual rollback of purchases that takes most of 2022.      (GMF membership link):    (Lisa Mattackal)   ****    CAUTIOUS EUROPEAN CLOSE (1150 EDT/1550 GMT)   The banking sector being the top loser, with a 0.8% decline, probably tells you all you need to know about what change investors expect from the Fed and the ECB's policy stance.   Yes, not much indeed and easing government bond yields tell us roughly the same story.   Anyhow, aside from banking and auto stocks, this session was fairly positive for the pan-European STOXX 600 with a 0.2% gain. We even had an intra day high of 460.3, just a whisker below the 460.5 record set on Monday.   One disappointing note perhaps was the IPO of Made.com  which lost about 5% on its London debut, another company to fall on its first day of trading in a volatile year for stock market listings.   That list comprises Deliveroo and Alphawave but also France's Believe.    Overall the market price action was fairly limited, which is understandable before a Fed meeting.    \"Markets have been in deep freeze the last few days waiting for tonight’s decision\", wrote Chris Beauchamp at IG.    \"Those hoping for a mis-step from the chairman will probably be disappointed – he knows where the questions will focus and will be determined not to be caught on the hop\", he added.   (Julien Ponthus)    *****   TEMPERING THE TASTE FOR TECH (1129 EDT/1529 GMT)   LPL Financial Research is out with a note this week in which they say it's time to temper tech.   “It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” explained LPL Equity Strategist Jeffrey Buchbinder. “But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”   Indeed, LPL downgraded technology to neutral primarily for the following reasons:   First off, the reopening. LPL expects the market’s shift toward reopening beneficiaries vs work-from-home stocks to continue.    Secondly, valuations. According to LPL, the P/E for the tech sector based on estimated earnings over the next 12 months, as well as its relative valuation vs the S&P 500   , are both elevated.    Additionally, comparing value to growth based on the Russell 1000 style indexes reveals an \"even bigger gap—the Growth Index is trading at a more than 60% premium to the Value Index, the most in 20 years.\" LPL adds that interest rates, which they expect to rise for the rest of 2021, might take a bite out of richly valued growth stocks.   Finally, LPL says that although the sector is near its all-time high, its relative performance versus the S&P 500 Index peaked last September and has been drifting sideways to lower since then, pointing them to a neutral sector view.   LPL emphasizes that their downgrade doesn’t in any way mean they plan to abandon tech completely, saying that \"we believe the sector likely moves higher in the second half of the year, along with the broad market, but we just see better opportunities for outperformance in cyclical value stocks.\"   (Terence Gabriel)   *****   COOKING WITH GAS: HOT INFLATION AFFECTS IMPORTS, HOUSING STARTS (1045 EDT/1445 GMT)   Data released on Wednesday provided plenty of fodder for those who are fretting over rising prices and looking to the U.S. Federal Reserve, which concludes its two-day monetary policy meeting this afternoon, for any change in nuance regarding its assertion that the current wave is temporary.   The cost of goods imported to the United States    increased by 1.1% in May according to the Labor Department, hotter than the 0.8% consensus and an acceleration from the previous month.     The increase was largely driven by gasoline and industrial supplies, further evidence that supply chain bottlenecks in the face of a demand boom are sending prices skyward.   Year-over-year, import prices heated up to a scalding 11.3%, the highest in nearly a decade and soaring well beyond other major indicators, which are all running at or above the Fed's average annual 2% inflation target.   But Mahir Rasheed, U.S. economist at Oxford Economics (OE), agrees with the Fed's assurances.   \"As supply-side constraints gradually dissipate and the influence of base effects gradually fades in the coming months, we expect the pace of import price inflation to moderate in the second half of the year,\" Rasheed writes.   Here's how those indicators stack up against the central bank's favorite inflation yardstick, core PCE:   A report from the Commerce Department showed groundbreaking on new American homes    increased by 3.6% last month to 1.572 million units at a seasonally adjusted annualized rate (SAAR). This was cold comfort considering it, was a smaller-than-expected partial rebound from April's stark 12.1% plunge.     A suburban homebuying frenzy unleashed by social distancing restrictions has sent inventories to record lows, supporting the homebuilding sector. But that same supply crunch has touched building materials, launching lumber prices to the moon and hampering new construction.   Building permits   , one of the more forward-looking housing indicators, dropped by 3% to 1.682 million units SAAR, steeper than expected and an acceleration from the 1.3% drop the month prior.    It's worth pointing out, however, that building permits remain well above pre-COVID levels.   \"We think construction has some way further to fall, though the shortage of inventory means that activity will remain higher than implied by the mortgage applications data for some time yet,\" says Ian Shepherdson, chief economist at Pantheon Macroeconomics.   Speaking of which, dropping interest rates goosed demand for home loans by 4.2% last week, according to the Mortgage Bankers Association (MBA).   A 4-basis-point drop in the average 30-year fixed contract rate    - to 3.11% from 3.15% - helped boost applications for refi    and purchase loans  by 6% and 2%, respectively.   The increase was also likely attributable, in part, to a rebound from the Memorial Day holiday effect.   \"Strong demand and the recent decline in mortgage rates, which are down more than 25 basis points since early April, should support some homebuying activity,\" says Nancy Vanden Houten, lead economist at Oxford Economics. \"But limited supply and sharply higher home prices still present considerable headwinds.\"   U.S. stock indexes are mixed ahead of the FOMC statement expected at 2pm EDT at the conclusion of its two-day monetary policy meeting.   (Stephen Culp)   *****   MEME STOCKS LOSING STEAM, QUAD WITCHING COULD MAKE IT WORSE (0930 EDT/1330 GMT)   A basket tracking some of the most popular meme stocks is down by 17% over the past week, analysts at Vanda Research said.   Indeed, such stocks as AMC Entertainment Holdings Inc , GameStop Corp   , Clover Health Investments Corp  and Workhorse Group    are all under pressure in the early throes of Wednesday's regular session after a wild ride over the past few weeks.     The current meme stock bubble has been running for three weeks now, just about the same time as the last bubble in January. With retail flows surpassing the peak of Q1 and given the amount of risk embedded in these investments, retail investors will rush to the exit unless there's an immediate rally, Vanda Researchers said.   This week's quadruple witching event could make things even more complicated for meme stocks. In the last couple of days open interest on call options on meme stocks has been declining as traders take profits before the expiry. In response, market makers are unwinding their long-stock hedges, creating a negative feedback loop, analysts added.   Quadruple witching refers to the simultaneous expiration of single-stock options, index options, single-stock futures and index futures, which happens on the third Friday in March, June, September and December.   \"All manias run out of energy at some point and this is no different,\" said Art Hogan, chief market strategist at National Securities in New York.   \"It hasn't completely disappeared but overall volumes are starting to peter out and that's just the natural course of events.\"      (Medha Singh)   *****   NASDAQ VS COMMODITIES: TIME FOR TECH TO STEP UP? (0900 EDT/1300 GMT)   The tech-laden Nasdaq Composite    relative to the Refinitiv/CoreCommodity CRB index    appears to once again be at an important juncture on the charts.     The Nasdaq/CRB ratio, on a weekly basis, hit a record high of 80.54 in early November of last year. Since then, however, the Nasdaq has underperformed \"stuff.\" In fact, the ratio hit a 14-month low in early June:   Now nearly 67, the ratio is flirting with what appears to be significant support in the form of a log-scale trend line from its 2011 trough, now around 65.65, as well as the 100-week moving average $(WMA.AU)$, now around 64.40.   The ratio did suffer a one-week closing violation of the support line in late 2018. However, with the market's December bottom that year, it quickly reversed to the upside without breaking the 100-WMA. The trendline then contained weakness in  2019, and early 2020.   Of note, the ratio has been on a record run vs its 100-WMA. In fact, it is on pace for its 499th straight weekly close above this long-term moving average. This current run above the 100-WMA dwarfs the ratio's 155-week streak that lasted into the Y2K tech bubble top.   Thus, in the face of this week's event risks in the form of today's FOMC results  , and Friday's quadruple witching  , it may now be time for tech to once again step up, in order to underpin a renewed Nasdaq advance relative to commodities.      A ratio weekly close below support can add credence to the view that a sea change in trend is underway. A deeper decline to threaten the March 2000 high, at 28.9, could see the ratio lose more than half its value from current levels.   (Terence Gabriel)   *****   FOR WEDNESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:      <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ IXICTRCCRB06162021     Inflation     Housing starts and building permits     MBA     closer06162021       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}