Andrewpkyap personal page - To The Moon

Andrewpkyap

Andrewpkyap

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2022-01-04

$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$5% dividends end of the month. Get 5% in one month. Where to find such good deals?

2022-01-04

$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$This kind of stocks. Got money average down. No money just hold and collect dividends. What so difficult?

2022-02-12

$Alibaba(09988)$ Last night New York plunge. Monday morning Hong Kong follow and plunge?

2022-01-04

$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$ Short quantity 42 million. Haha you think these short sellers want to pay 5% dividends (they have to pay the dividends, the short sellers). When they buy back and nobody willing to sell to them, then the price will shoot up like a rocket.

2022-01-04

$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$Flushing out weak hands. Only those that can average down can make it. Bought how high it's also not a problem. Just keep on averaging down. Rich get richer.

2022-01-25

$Alibaba(09988)$ today ALIBABA don't close at day low will be good

2022-01-24

$Alibaba(09988)$ Looks like Alibaba is closing at the bottom (low of the day). So it's down again tomorrow.

2021-04-23

Singapore's government favorite method to curb inflation is through the exchange rate mechanism.

Singapore March core inflation quickens the most in over a year

2021-04-23

Somebody's got to be right when so many are making predictions and that would make it all down to luck.

Has The Bubble Already Popped?

2021-04-23

Trading anticipated stock market moves... Well that's not really recommended.

Would Tax Hikes Spell Doom for the Stock Market?

2021-04-23

Wrong has finance background?

Singapore Names Wong as New Finance Minister in Cabinet Shake-Up

2021-04-23

It's not exciting at all. Maybe that's a good thing.

Singapore Names Wong as New Finance Minister in Cabinet Shake-Up

Go to Tiger App to see more news

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href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> Last night New York plunge. Monday morning Hong Kong follow and plunge?","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> Last night New York plunge. Monday morning Hong Kong follow and plunge?","text":"$Alibaba(09988)$ Last night New York plunge. Monday morning Hong Kong follow and plunge?","images":[{"img":"https://static.itradeup.com/news/ef59bdb5e5257f1819b373c5d47ae290","width":"1080","height":"1297"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092530496","isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9090340445,"gmtCreate":1643096292960,"gmtModify":1676533773590,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> today ALIBABA don't close at day low will be good","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> today ALIBABA don't close at day low will be good","text":"$Alibaba(09988)$ today ALIBABA don't close at day low will be good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090340445","isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007760020,"gmtCreate":1643010101609,"gmtModify":1676533764744,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> Looks like Alibaba is closing at the bottom (low of the day).&nbsp; So it's down again tomorrow.","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> Looks like Alibaba is closing at the bottom (low of the day).&nbsp; So it's down again tomorrow.","text":"$Alibaba(09988)$ Looks like Alibaba is closing at the bottom (low of the day). So it's down again tomorrow.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007760020","isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001544258,"gmtCreate":1641288255630,"gmtModify":1676533593251,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>5% dividends end of the month. Get 5% in one month. Where to find such good deals?","listText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>5% dividends end of the month. Get 5% in one month. Where to find such good deals?","text":"$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$5% dividends end of the month. Get 5% in one month. Where to find such good deals?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001544258","isVote":1,"tweetType":1,"viewCount":1986,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566385558470298","authorId":"3566385558470298","name":"___ _","avatar":"https://community-static.tradeup.com/news/e0600059befbdbcd780f0d15118a44d6","crmLevel":2,"crmLevelSwitch":0,"idStr":"3566385558470298","authorIdStr":"3566385558470298"},"content":"where did u see can get 5% end month [Doubt]","text":"where did u see can get 5% end month [Doubt]","html":"where did u see can get 5% end month [Doubt]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001542509,"gmtCreate":1641287708491,"gmtModify":1676533593204,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>This kind of stocks. Got money average down. No money just hold and collect dividends. What so difficult?","listText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>This kind of stocks. Got money average down. No money just hold and collect dividends. What so difficult?","text":"$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$This kind of stocks. Got money average down. No money just hold and collect dividends. What so difficult?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001542509","isVote":1,"tweetType":1,"viewCount":1738,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574900438263615","authorId":"3574900438263615","name":"Jason1989","avatar":"https://static.tigerbbs.com/76dc78bffeef938c039d38e48e2042e1","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574900438263615","authorIdStr":"3574900438263615"},"content":"Dividend coming??","text":"Dividend coming??","html":"Dividend coming??"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001524234,"gmtCreate":1641281740257,"gmtModify":1676533592706,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a> Short quantity 42 million. Haha you think these short sellers want to pay 5% dividends (they have to pay the dividends, the short sellers). When they buy back and nobody willing to sell to them, then the price will shoot up like a rocket.","listText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a> Short quantity 42 million. Haha you think these short sellers want to pay 5% dividends (they have to pay the dividends, the short sellers). When they buy back and nobody willing to sell to them, then the price will shoot up like a rocket.","text":"$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$ Short quantity 42 million. Haha you think these short sellers want to pay 5% dividends (they have to pay the dividends, the short sellers). When they buy back and nobody willing to sell to them, then the price will shoot up like a rocket.","images":[{"img":"https://static.itradeup.com/news/55a5c904a9ba96ae460aaf4f0be87f26","width":"1080","height":"2400"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001524234","isVote":1,"tweetType":1,"viewCount":1445,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4090629937990510","authorId":"4090629937990510","name":"AmusementW","avatar":"https://static.tigerbbs.com/1cf171fe8afd94aa460ca1eedb58ed49","crmLevel":1,"crmLevelSwitch":0,"idStr":"4090629937990510","authorIdStr":"4090629937990510"},"content":"Short quantity is actually 20m+, it's the short amount that is 42m. By the way, how long they have to fill back their short quantity?","text":"Short quantity is actually 20m+, it's the short amount that is 42m. By the way, how long they have to fill back their short quantity?","html":"Short quantity is actually 20m+, it's the short amount that is 42m. By the way, how long they have to fill back their short quantity?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9001526214,"gmtCreate":1641280705670,"gmtModify":1676533592633,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>Flushing out weak hands. Only those that can average down can make it. Bought how high it's also not a problem. Just keep on averaging down. Rich get richer.","listText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>Flushing out weak hands. Only those that can average down can make it. Bought how high it's also not a problem. Just keep on averaging down. Rich get richer.","text":"$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$Flushing out weak hands. Only those that can average down can make it. Bought how high it's also not a problem. Just keep on averaging down. Rich get richer.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001526214","isVote":1,"tweetType":1,"viewCount":882,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372311335,"gmtCreate":1619176752027,"gmtModify":1704720812830,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"Singapore's government favorite method to curb inflation is through the exchange rate mechanism.","listText":"Singapore's government favorite method to curb inflation is through the exchange rate mechanism.","text":"Singapore's government favorite method to curb inflation is through the exchange rate mechanism.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372311335","repostId":"2129335811","repostType":4,"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372313917,"gmtCreate":1619176640739,"gmtModify":1704720810888,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"Somebody's got to&nbsp;be right when so many are making predictions and that would make it all down to luck.","listText":"Somebody's got to&nbsp;be right when so many are making predictions and that would make it all down to luck.","text":"Somebody's got to be right when so many are making predictions and that would make it all down to luck.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372313917","repostId":"1198530619","repostType":4,"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372337685,"gmtCreate":1619176358147,"gmtModify":1704720806655,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"Trading anticipated stock&nbsp;market moves... Well that's not really recommended.","listText":"Trading anticipated stock&nbsp;market moves... Well that's not really recommended.","text":"Trading anticipated stock market moves... Well that's not really recommended.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372337685","repostId":"1128911279","repostType":4,"repost":{"id":"1128911279","kind":"news","pubTimestamp":1619161805,"share":"https://ttm.financial/m/news/1128911279?lang=&edition=fundamental","pubTime":"2021-04-23 15:10","market":"us","language":"en","title":"Would Tax Hikes Spell Doom for the Stock Market?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128911279","media":"Motley Fool","summary":"Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.The stoc","content":"<p>Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.</p><p>The stock market had a turbulent day on Thursday, with initial gains during the first half of the trading session giving way to sharper losses in the mid-afternoon. By the end of the day, the&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;(DJINDICES:^DJI),<b>S&amp;P 500</b>&nbsp;(SNPINDEX:^GSPC), and&nbsp;<b>Nasdaq Composite</b>&nbsp;(NASDAQINDEX:^IXIC)were all down close to 1% on the day, reversing most of the positive momentum that Wall Street built up in the previous day's session on Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bffd9c86b9306074ca1ff042f238caed\" tg-width=\"1152\" tg-height=\"333\" referrerpolicy=\"no-referrer\"><span>DATA SOURCE: YAHOO! FINANCE.</span></p><p>The midday decline came amid reports that the Biden administration would propose tax increases on high-income taxpayers. The proposal targets a provision that long-term investors have taken advantage of for decades: the favorable&nbsp;tax rate on capital gains, the profits they realize when they sell stocks or other investments.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eeff2a6b63b58cdea2311005593d3979\" tg-width=\"2000\" tg-height=\"1332\" referrerpolicy=\"no-referrer\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><b>What taxes could go up, and on whom?</b></p><p>The proposal, as reported, would affect the way long-term capital gains get taxed for those with incomes above $1 million. Currently, investors pay the same tax rates on short-term capital gains on investments held for a year or less as they do on most other forms of income, such as wages and salaries or interest. However, if an investor holds onto an investment for longer than a year and then sells it, long-term capital-gains tax treatment applies.</p><p>Although the brackets aren't exactly aligned, in general, those who pay 10% or 12% in tax on ordinary income pay 0% on their long-term capital gains. Those paying 22% to 35% typically pay a 15% long-term capital-gains tax, while top-bracket taxpayers whose ordinary income tax rate is 37% have a 20% maximum rate on their investment gains for assets held long term.</p><p>Under the proposed new rules, favorable tax treatment for long-term capital gains would remain completely in place for everyone in the first two groups and even for many in the third group. However, for taxpayers with incomes above $1 million, the lower long-term capital-gains tax rates would go away and they'd instead have to pay ordinary income tax rates on those gains, as well.</p><p><b>Why investors shouldn't be surprised</b></p><p>The reported proposal isn't a new one. Biden&nbsp;discussed it during the 2020 presidential campaign&nbsp;as one of the aspects of his broader tax plan. It's likely that the final version of any actual bill introduced in Congress would also include an increase in the top tax bracket to 39.6%, which was the level in effect immediately before tax-reform efforts made major changes to tax laws for the 2018 tax year.</p><p>Moreover, the legislation is far from a done deal. Even with Democrats having control of both houses of Congress and the White House, the margins are razor-thin. Already, some Democratic lawmakers have balked at tax-policy proposals, and in the Senate, the loss of even a single vote would be sufficient to prevent a tax bill from becoming law.</p><p><b>Is a stock market crash imminent?</b></p><p>It's understandable that investors would worry that a capital-gains tax hike might cause the stock market to drop. If investors sell their stocks now to lock in current lower rates, it could create short-term selling pressure. In the long run, though, the fundamentals of underlying businesses should still control share-price movements.</p><p>Moreover, this wouldn't be the first time capital-gains taxes have risen. In 2012, maximum capital-gains rates rose from 15% to 20%. Yet that didn't stop U.S. stocks from continuing what would eventually become a decade-long bull market.</p><p>Tax-law changes require some planning, but investors shouldn't change their entire investing strategy because of taxes. Letting them&nbsp;<i>define</i>&nbsp;how you invest can be a huge mistake and distract you from the task of finding the best companies and owning their shares for the long haul.</p><p>Read more:<a href=\"https://laohu8.com/NW/1180283228\" target=\"_blank\">Stocks Will Get Over Their Big Biden Tax Wobble</a></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>Would Tax Hikes Spell Doom for the Stock Market?</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\">\nWould Tax Hikes Spell Doom for the Stock Market?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 15:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/would-tax-hikes-spell-doom-for-the-stock-market/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.The stock market had a turbulent day on Thursday, with initial gains during the first half of the trading ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/would-tax-hikes-spell-doom-for-the-stock-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.fool.com/investing/2021/04/22/would-tax-hikes-spell-doom-for-the-stock-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128911279","content_text":"Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.The stock market had a turbulent day on Thursday, with initial gains during the first half of the trading session giving way to sharper losses in the mid-afternoon. By the end of the day, the Dow Jones Industrial Average (DJINDICES:^DJI),S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC)were all down close to 1% on the day, reversing most of the positive momentum that Wall Street built up in the previous day's session on Wednesday.DATA SOURCE: YAHOO! FINANCE.The midday decline came amid reports that the Biden administration would propose tax increases on high-income taxpayers. The proposal targets a provision that long-term investors have taken advantage of for decades: the favorable tax rate on capital gains, the profits they realize when they sell stocks or other investments.IMAGE SOURCE: GETTY IMAGES.What taxes could go up, and on whom?The proposal, as reported, would affect the way long-term capital gains get taxed for those with incomes above $1 million. Currently, investors pay the same tax rates on short-term capital gains on investments held for a year or less as they do on most other forms of income, such as wages and salaries or interest. However, if an investor holds onto an investment for longer than a year and then sells it, long-term capital-gains tax treatment applies.Although the brackets aren't exactly aligned, in general, those who pay 10% or 12% in tax on ordinary income pay 0% on their long-term capital gains. Those paying 22% to 35% typically pay a 15% long-term capital-gains tax, while top-bracket taxpayers whose ordinary income tax rate is 37% have a 20% maximum rate on their investment gains for assets held long term.Under the proposed new rules, favorable tax treatment for long-term capital gains would remain completely in place for everyone in the first two groups and even for many in the third group. However, for taxpayers with incomes above $1 million, the lower long-term capital-gains tax rates would go away and they'd instead have to pay ordinary income tax rates on those gains, as well.Why investors shouldn't be surprisedThe reported proposal isn't a new one. Biden discussed it during the 2020 presidential campaign as one of the aspects of his broader tax plan. It's likely that the final version of any actual bill introduced in Congress would also include an increase in the top tax bracket to 39.6%, which was the level in effect immediately before tax-reform efforts made major changes to tax laws for the 2018 tax year.Moreover, the legislation is far from a done deal. Even with Democrats having control of both houses of Congress and the White House, the margins are razor-thin. Already, some Democratic lawmakers have balked at tax-policy proposals, and in the Senate, the loss of even a single vote would be sufficient to prevent a tax bill from becoming law.Is a stock market crash imminent?It's understandable that investors would worry that a capital-gains tax hike might cause the stock market to drop. If investors sell their stocks now to lock in current lower rates, it could create short-term selling pressure. In the long run, though, the fundamentals of underlying businesses should still control share-price movements.Moreover, this wouldn't be the first time capital-gains taxes have risen. In 2012, maximum capital-gains rates rose from 15% to 20%. Yet that didn't stop U.S. stocks from continuing what would eventually become a decade-long bull market.Tax-law changes require some planning, but investors shouldn't change their entire investing strategy because of taxes. Letting them define how you invest can be a huge mistake and distract you from the task of finding the best companies and owning their shares for the long haul.Read more:Stocks Will Get Over Their Big Biden Tax Wobble","news_type":1},"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372335594,"gmtCreate":1619176175018,"gmtModify":1704720804064,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"Wrong has finance background?","listText":"Wrong has finance background?","text":"Wrong has finance background?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372335594","repostId":"1143062408","repostType":4,"repost":{"id":"1143062408","kind":"news","pubTimestamp":1619162341,"share":"https://ttm.financial/m/news/1143062408?lang=&edition=fundamental","pubTime":"2021-04-23 15:19","market":"sg","language":"en","title":"Singapore Names Wong as New Finance Minister in Cabinet Shake-Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1143062408","media":"Bloomberg","summary":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his ","content":"<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.</p>\n<p>The appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.</p>\n<p>Since founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.</p>\n<p>Though no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the&nbsp;deputy prime minister role&nbsp;to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.</p>\n<p><b>Covid Leadership</b></p>\n<p>Wong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.</p>\n<p>“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.</p>\n<p>Known for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.</p>\n<p>Before his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.</p>\n<p>Wong began his career as a civil servant, later serving as chief executive of the&nbsp;Energy Market Authority&nbsp;and as principal private secretary to Lee.</p>\n<p>Here are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:</p>\n<ul>\n <li>Gan Kim Yong will be trade and industry minister</li>\n <li>S. Iswaran will be transport minister</li>\n <li>Chan Chun Sing will be education minister</li>\n <li>Ong Ye Kung will be health minister</li>\n <li>Josephine Teo will be communications and information minister, and continue as second minister for home affairs</li>\n <li>Tan See Leng will be manpower minister</li>\n</ul>","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>Singapore Names Wong as New Finance Minister in Cabinet Shake-Up</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\">\nSingapore Names Wong as New Finance Minister in Cabinet Shake-Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 15:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143062408","content_text":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.\nSince founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.\nThough no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the deputy prime minister role to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.\nCovid Leadership\nWong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.\n“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.\nKnown for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.\nBefore his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.\nWong began his career as a civil servant, later serving as chief executive of the Energy Market Authority and as principal private secretary to Lee.\nHere are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:\n\nGan Kim Yong will be trade and industry minister\nS. Iswaran will be transport minister\nChan Chun Sing will be education minister\nOng Ye Kung will be health minister\nJosephine Teo will be communications and information minister, and continue as second minister for home affairs\nTan See Leng will be manpower minister","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372336233,"gmtCreate":1619176021522,"gmtModify":1704720800987,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"It's not&nbsp;exciting at all. Maybe that's a good thing.","listText":"It's not&nbsp;exciting at all. Maybe that's a good thing.","text":"It's not exciting at all. Maybe that's a good thing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372336233","repostId":"1143062408","repostType":4,"repost":{"id":"1143062408","kind":"news","pubTimestamp":1619162341,"share":"https://ttm.financial/m/news/1143062408?lang=&edition=fundamental","pubTime":"2021-04-23 15:19","market":"sg","language":"en","title":"Singapore Names Wong as New Finance Minister in Cabinet Shake-Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1143062408","media":"Bloomberg","summary":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his ","content":"<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.</p>\n<p>The appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.</p>\n<p>Since founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.</p>\n<p>Though no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the&nbsp;deputy prime minister role&nbsp;to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.</p>\n<p><b>Covid Leadership</b></p>\n<p>Wong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.</p>\n<p>“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.</p>\n<p>Known for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.</p>\n<p>Before his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.</p>\n<p>Wong began his career as a civil servant, later serving as chief executive of the&nbsp;Energy Market Authority&nbsp;and as principal private secretary to Lee.</p>\n<p>Here are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:</p>\n<ul>\n <li>Gan Kim Yong will be trade and industry minister</li>\n <li>S. Iswaran will be transport minister</li>\n <li>Chan Chun Sing will be education minister</li>\n <li>Ong Ye Kung will be health minister</li>\n <li>Josephine Teo will be communications and information minister, and continue as second minister for home affairs</li>\n <li>Tan See Leng will be manpower minister</li>\n</ul>","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>Singapore Names Wong as New Finance Minister in Cabinet Shake-Up</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\">\nSingapore Names Wong as New Finance Minister in Cabinet Shake-Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 15:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143062408","content_text":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.\nSince founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.\nThough no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the deputy prime minister role to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.\nCovid Leadership\nWong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.\n“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.\nKnown for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.\nBefore his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.\nWong began his career as a civil servant, later serving as chief executive of the Energy Market Authority and as principal private secretary to Lee.\nHere are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:\n\nGan Kim Yong will be trade and industry minister\nS. Iswaran will be transport minister\nChan Chun Sing will be education minister\nOng Ye Kung will be health minister\nJosephine Teo will be communications and information minister, and continue as second minister for home affairs\nTan See Leng will be manpower minister","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9001544258,"gmtCreate":1641288255630,"gmtModify":1676533593251,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>5% dividends end of the month. Get 5% in one month. Where to find such good deals?","listText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>5% dividends end of the month. Get 5% in one month. Where to find such good deals?","text":"$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$5% dividends end of the month. Get 5% in one month. Where to find such good deals?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001544258","isVote":1,"tweetType":1,"viewCount":1986,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566385558470298","authorId":"3566385558470298","name":"___ _","avatar":"https://community-static.tradeup.com/news/e0600059befbdbcd780f0d15118a44d6","crmLevel":2,"crmLevelSwitch":0,"idStr":"3566385558470298","authorIdStr":"3566385558470298"},"content":"where did u see can get 5% end month [Doubt]","text":"where did u see can get 5% end month [Doubt]","html":"where did u see can get 5% end month [Doubt]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001542509,"gmtCreate":1641287708491,"gmtModify":1676533593204,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>This kind of stocks. Got money average down. No money just hold and collect dividends. What so difficult?","listText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>This kind of stocks. Got money average down. No money just hold and collect dividends. What so difficult?","text":"$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$This kind of stocks. Got money average down. No money just hold and collect dividends. What so difficult?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001542509","isVote":1,"tweetType":1,"viewCount":1738,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574900438263615","authorId":"3574900438263615","name":"Jason1989","avatar":"https://static.tigerbbs.com/76dc78bffeef938c039d38e48e2042e1","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574900438263615","authorIdStr":"3574900438263615"},"content":"Dividend coming??","text":"Dividend coming??","html":"Dividend coming??"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9092530496,"gmtCreate":1644654663330,"gmtModify":1676533951155,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> Last night New York plunge. Monday morning Hong Kong follow and plunge?","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> Last night New York plunge. Monday morning Hong Kong follow and plunge?","text":"$Alibaba(09988)$ Last night New York plunge. Monday morning Hong Kong follow and plunge?","images":[{"img":"https://static.itradeup.com/news/ef59bdb5e5257f1819b373c5d47ae290","width":"1080","height":"1297"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092530496","isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9001524234,"gmtCreate":1641281740257,"gmtModify":1676533592706,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a> Short quantity 42 million. Haha you think these short sellers want to pay 5% dividends (they have to pay the dividends, the short sellers). When they buy back and nobody willing to sell to them, then the price will shoot up like a rocket.","listText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a> Short quantity 42 million. Haha you think these short sellers want to pay 5% dividends (they have to pay the dividends, the short sellers). When they buy back and nobody willing to sell to them, then the price will shoot up like a rocket.","text":"$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$ Short quantity 42 million. Haha you think these short sellers want to pay 5% dividends (they have to pay the dividends, the short sellers). When they buy back and nobody willing to sell to them, then the price will shoot up like a rocket.","images":[{"img":"https://static.itradeup.com/news/55a5c904a9ba96ae460aaf4f0be87f26","width":"1080","height":"2400"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001524234","isVote":1,"tweetType":1,"viewCount":1445,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4090629937990510","authorId":"4090629937990510","name":"AmusementW","avatar":"https://static.tigerbbs.com/1cf171fe8afd94aa460ca1eedb58ed49","crmLevel":1,"crmLevelSwitch":0,"idStr":"4090629937990510","authorIdStr":"4090629937990510"},"content":"Short quantity is actually 20m+, it's the short amount that is 42m. By the way, how long they have to fill back their short quantity?","text":"Short quantity is actually 20m+, it's the short amount that is 42m. By the way, how long they have to fill back their short quantity?","html":"Short quantity is actually 20m+, it's the short amount that is 42m. By the way, how long they have to fill back their short quantity?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9001526214,"gmtCreate":1641280705670,"gmtModify":1676533592633,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>Flushing out weak hands. Only those that can average down can make it. Bought how high it's also not a problem. Just keep on averaging down. Rich get richer.","listText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>Flushing out weak hands. Only those that can average down can make it. Bought how high it's also not a problem. Just keep on averaging down. Rich get richer.","text":"$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$Flushing out weak hands. Only those that can average down can make it. Bought how high it's also not a problem. Just keep on averaging down. Rich get richer.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001526214","isVote":1,"tweetType":1,"viewCount":882,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090340445,"gmtCreate":1643096292960,"gmtModify":1676533773590,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> today ALIBABA don't close at day low will be good","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> today ALIBABA don't close at day low will be good","text":"$Alibaba(09988)$ today ALIBABA don't close at day low will be good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090340445","isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007760020,"gmtCreate":1643010101609,"gmtModify":1676533764744,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> Looks like Alibaba is closing at the bottom (low of the day).&nbsp; So it's down again tomorrow.","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> Looks like Alibaba is closing at the bottom (low of the day).&nbsp; So it's down again tomorrow.","text":"$Alibaba(09988)$ Looks like Alibaba is closing at the bottom (low of the day). So it's down again tomorrow.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007760020","isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372311335,"gmtCreate":1619176752027,"gmtModify":1704720812830,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"Singapore's government favorite method to curb inflation is through the exchange rate mechanism.","listText":"Singapore's government favorite method to curb inflation is through the exchange rate mechanism.","text":"Singapore's government favorite method to curb inflation is through the exchange rate mechanism.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372311335","repostId":"2129335811","repostType":4,"repost":{"id":"2129335811","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619158432,"share":"https://ttm.financial/m/news/2129335811?lang=&edition=fundamental","pubTime":"2021-04-23 14:13","market":"sg","language":"en","title":"Singapore March core inflation quickens the most in over a year","url":"https://stock-news.laohu8.com/highlight/detail?id=2129335811","media":"Reuters","summary":"SINGAPORE, April 23 (Reuters) - Singapore's key price gauge rose by the fastest pace in more than a ","content":"<p>SINGAPORE, April 23 (Reuters) - Singapore's key price gauge rose by the fastest pace in more than a year in March, in part due to higher services inflation as well as smaller declines in retail and other goods, official data showed on Friday.</p>\n<p>The core inflation rate — the central bank's favoured price measure - rose to 0.5% in March from a year earlier, compared with 0.2% in the prior month. A Reuters poll of economists had forecast an increase of 0.4%.</p>\n<p>Economists are keeping an eye on inflation data for any signs that may prompt the Monetary Authority of Singapore to tighten its policy as the economy recovers, but they said Friday's data was still well within the central bank's expectations.</p>\n<p>Last week, the MAS kept monetary policy settings unchanged and said the accommodative stance was appropriate due to a benign inflation outlook and global economic uncertainties caused by the pandemic.</p>\n<p>\"It looks pretty difficult for them to normalise policy this year,\" said Barclays regional economist Brian Tan.</p>\n<p>For 2021, Singapore's central bank expects core inflation to average 0% to 1%, while headline inflation is forecast to come in between 0.5% and 1.5%.</p>\n<p>While inflation may pick up due to low base effects from last year, it was unlikely to accelerate in the second half of 2021 as business cost pressures are contained, the MAS said.</p>\n<p>Singapore's headline consumer price index spiked to 1.3% in March year-on-year -- the fastest in nearly four years -- from 0.7% in February.</p>\n<p>Separately, Singapore's private home prices rose 3.3% in January-March from the prior quarter, the fastest pace in more than two years, data from the Urban Redevelopment Authority showed, adding to expectations for more cooling measures.</p>\n<p>(Reporting by Aradhana Aravindan and Chen Lin in Singapore; Editing by Kim Coghill)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore March core inflation quickens the most in over a year</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\">\nSingapore March core inflation quickens the most in over a year\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\">2021-04-23 14:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SINGAPORE, April 23 (Reuters) - Singapore's key price gauge rose by the fastest pace in more than a year in March, in part due to higher services inflation as well as smaller declines in retail and other goods, official data showed on Friday.</p>\n<p>The core inflation rate — the central bank's favoured price measure - rose to 0.5% in March from a year earlier, compared with 0.2% in the prior month. A Reuters poll of economists had forecast an increase of 0.4%.</p>\n<p>Economists are keeping an eye on inflation data for any signs that may prompt the Monetary Authority of Singapore to tighten its policy as the economy recovers, but they said Friday's data was still well within the central bank's expectations.</p>\n<p>Last week, the MAS kept monetary policy settings unchanged and said the accommodative stance was appropriate due to a benign inflation outlook and global economic uncertainties caused by the pandemic.</p>\n<p>\"It looks pretty difficult for them to normalise policy this year,\" said Barclays regional economist Brian Tan.</p>\n<p>For 2021, Singapore's central bank expects core inflation to average 0% to 1%, while headline inflation is forecast to come in between 0.5% and 1.5%.</p>\n<p>While inflation may pick up due to low base effects from last year, it was unlikely to accelerate in the second half of 2021 as business cost pressures are contained, the MAS said.</p>\n<p>Singapore's headline consumer price index spiked to 1.3% in March year-on-year -- the fastest in nearly four years -- from 0.7% in February.</p>\n<p>Separately, Singapore's private home prices rose 3.3% in January-March from the prior quarter, the fastest pace in more than two years, data from the Urban Redevelopment Authority showed, adding to expectations for more cooling measures.</p>\n<p>(Reporting by Aradhana Aravindan and Chen Lin in Singapore; Editing by Kim Coghill)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129335811","content_text":"SINGAPORE, April 23 (Reuters) - Singapore's key price gauge rose by the fastest pace in more than a year in March, in part due to higher services inflation as well as smaller declines in retail and other goods, official data showed on Friday.\nThe core inflation rate — the central bank's favoured price measure - rose to 0.5% in March from a year earlier, compared with 0.2% in the prior month. A Reuters poll of economists had forecast an increase of 0.4%.\nEconomists are keeping an eye on inflation data for any signs that may prompt the Monetary Authority of Singapore to tighten its policy as the economy recovers, but they said Friday's data was still well within the central bank's expectations.\nLast week, the MAS kept monetary policy settings unchanged and said the accommodative stance was appropriate due to a benign inflation outlook and global economic uncertainties caused by the pandemic.\n\"It looks pretty difficult for them to normalise policy this year,\" said Barclays regional economist Brian Tan.\nFor 2021, Singapore's central bank expects core inflation to average 0% to 1%, while headline inflation is forecast to come in between 0.5% and 1.5%.\nWhile inflation may pick up due to low base effects from last year, it was unlikely to accelerate in the second half of 2021 as business cost pressures are contained, the MAS said.\nSingapore's headline consumer price index spiked to 1.3% in March year-on-year -- the fastest in nearly four years -- from 0.7% in February.\nSeparately, Singapore's private home prices rose 3.3% in January-March from the prior quarter, the fastest pace in more than two years, data from the Urban Redevelopment Authority showed, adding to expectations for more cooling measures.\n(Reporting by Aradhana Aravindan and Chen Lin in Singapore; Editing by Kim Coghill)","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372313917,"gmtCreate":1619176640739,"gmtModify":1704720810888,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"Somebody's got to&nbsp;be right when so many are making predictions and that would make it all down to luck.","listText":"Somebody's got to&nbsp;be right when so many are making predictions and that would make it all down to luck.","text":"Somebody's got to be right when so many are making predictions and that would make it all down to luck.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372313917","repostId":"1198530619","repostType":4,"repost":{"id":"1198530619","kind":"news","pubTimestamp":1619159136,"share":"https://ttm.financial/m/news/1198530619?lang=&edition=fundamental","pubTime":"2021-04-23 14:25","market":"us","language":"en","title":"Has The Bubble Already Popped?","url":"https://stock-news.laohu8.com/highlight/detail?id=1198530619","media":"zerohedge","summary":"Has the bubble already popped and we haven’t realized it yet? I recognize it could be considered a l","content":"<p>Has the bubble already popped and we haven’t realized it yet? I recognize it could be considered a ludicrous question to even ask considering indices just made new all time highs last Friday and we’re barely down 2% on $SPX.</p>\n<p>And frankly I don’t know the answer myself here, but in context of the&nbsp;<b>peak liquidity question</b>&nbsp;I am submitting some data points that suggest that the speculative part of the bubble may have already popped back in February/March.</p>\n<p>Consider the following:</p>\n<p>What happened in February? Well, the same thing that happened in March and April. Risk assets made new all time highs, be it $SPX, crypto, you name it.</p>\n<p>Yet while $NDX made a new all time high again last week along with Bitcoin and $DJIA and $SPX we can observe changes. Take a look at cumulative advance decline $NAAD. It peaked in February and last week’s highs show a very pronounced relative weakness in cumulative advance/decline:</p>\n<p><img src=\"https://static.tigerbbs.com/d6d8c2fcabbe15b2d901a03d458828bf\" tg-width=\"500\" tg-height=\"429\" referrerpolicy=\"no-referrer\">That’s the kind of reading that got markets in trouble back in 2020.</p>\n<p>New highs can be deceiving, especially if they occur in context of a trend break, and $NDX broke its March 2020 uptrend in February and these most recent highs constituted a back test of that broken trend line.</p>\n<p><b>People ignore the trend breaks, new highs are deemed bullish when they may not be as suggested by internals.</b></p>\n<p>So you know this is not just a theorem look back toward 2018 when $NDX did exactly the same thing:</p>\n<p><img src=\"https://static.tigerbbs.com/2737025657d10fa8ed7af6f8261d3649\" tg-width=\"500\" tg-height=\"290\" referrerpolicy=\"no-referrer\">Basically the same script. Trend break, a new rally to new highs that back tested the broken trend line and then lights out.</p>\n<p>We can observe something very similar with Bitcoin. It too made a high on February 21 and then recently broke its trend only to make new highs on a negative divergence again raising the question of the Hedge Myth:</p>\n<p><img src=\"https://static.tigerbbs.com/a9bec4a82ab2b422cce5688b093478fd\" tg-width=\"500\" tg-height=\"313\" referrerpolicy=\"no-referrer\">Bitcoin is now below the February highs.</p>\n<p>Indeed, using the February peak as a benchmark the performance picture in many asset classes is not commensurate with the new highs picture seen last week:</p>\n<p><img src=\"https://static.tigerbbs.com/dc08eadaa3c267d60432a04694dabff3\" tg-width=\"500\" tg-height=\"242\" referrerpolicy=\"no-referrer\">Speculative vehicles such as SPAC have been decimated:</p>\n<p><img src=\"https://static.tigerbbs.com/edd19635d078bebedbf4ebfadba43c39\" tg-width=\"500\" tg-height=\"268\" referrerpolicy=\"no-referrer\">The rout has not gone unnoticed:</p>\n<p><img src=\"https://static.tigerbbs.com/6e81b456993f66fcbd3652b8352164a5\" tg-width=\"500\" tg-height=\"97\" referrerpolicy=\"no-referrer\">A lot of things peaked in February and one wonders if the February 19/21 time frame was perhaps the time of peak hubris:</p>\n<p><img src=\"https://static.tigerbbs.com/4b3695446c33646d25e6bf25bd6eda22\" tg-width=\"500\" tg-height=\"104\" referrerpolicy=\"no-referrer\">Celebrated hedge fund manager Cathie Wood has seen her main ETF peak in February as well:</p>\n<p><img src=\"https://static.tigerbbs.com/876f44eaf39c3db47a22c48f9a8c3570\" tg-width=\"500\" tg-height=\"319\" referrerpolicy=\"no-referrer\">These February highs have also come on a pronounced negative RSI divergences with a pronounced trend break in February as well. Unlike $NDX there have not been new highs nor a back test of the trend line. Just a broken chart. And now the ETF is down for the year.</p>\n<p>On the way up everyone looks like a genius, but what really is the key driver of success in an environment where everything goes up? Is it superior stock picking or is it just riding the general liquidity wave a lot of which just ends up in speculative high risk investment vehicles seeking superior returns?</p>\n<p>I ask as I see ARKK, as an example, just track the liquidity train:</p>\n<p><img src=\"https://static.tigerbbs.com/087b65b80759139397ca8c8c25d37ea4\" tg-width=\"500\" tg-height=\"319\" referrerpolicy=\"no-referrer\">No printing, no performance. Printing and off to the races we go.</p>\n<p>If one uses these vehicles as a proxy one could make the case that the speculative bubble has already popped despite still seeing pockets of relentless chasing in select vehicles (think Dogecoin). Call buying by retail has already calmed down, many stocks have stopped performing and the easy chase appears to be over and there is a lot of pain in these highly speculative momentum stocks.</p>\n<p>Even small caps, themselves having sported an unprecedented performance since the March lows, have stopped making new highs:</p>\n<p><img src=\"https://static.tigerbbs.com/d1351715d17cb5ba63131e11d1314996\" tg-width=\"500\" tg-height=\"407\" referrerpolicy=\"no-referrer\">You know it’s bad when even a log chart looks like a linear chart.</p>\n<p>Small caps too put in new highs on a negative divergence and have significantly lagged in the past 2 months. The underlying volatility index, $RVX, also showing (<b>&nbsp;as $VIX</b>) a budding bullish volatility structure.</p>\n<p>Small caps peaked in March:</p>\n<p><img src=\"https://static.tigerbbs.com/17fc10423aa1821c64d959e82e85f258\" tg-width=\"500\" tg-height=\"308\" referrerpolicy=\"no-referrer\">That final high being vertical &nbsp;and aggressive similar to what we saw in $NDX in 2000:</p>\n<p><img src=\"https://static.tigerbbs.com/633eeb27942dcde2de9772ddb5fca139\" tg-width=\"500\" tg-height=\"242\"></p>\n<p>Bubbles popping are only known in hindsight, indeed one could’ve been entirely oblivious to a bubble bursting in 2000 looking at $SPX as the index chopped in range for months following the March bubble popping:</p>\n<p><img src=\"https://static.tigerbbs.com/90bfb16f53482407afafa15005283221\" tg-width=\"500\" tg-height=\"220\"></p>\n<p>It just took that long for that realization to filter through the &nbsp;broader stock market and the economy.</p>\n<p>Bottomline here: Last week’s highs in markets and crypto may have been deceiving. Whether we get new highs still or not I submit there is a lot of damage taking place in this hyper valued market that is masked by the new highs headlines of last week. And the cumulative picture leaves the door open for the possibility that the bubble has already popped, except none of us realize it yet for recent new highs are masking it all.</p>\n<p>Now I freely acknowledge all this could end up being wrong and the&nbsp;<b>ghost of 2013</b>&nbsp;may just continue ticking here, especially as nothing big has broken yet in the broader market.</p>\n<p>But I also submit that we will only know for certain in hindsight, but if these data points send a viable signal then the implications could be profound. At least nobody can say the warning signs weren’t there when the realization sinks in that the bubble may have already popped.</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>Has The Bubble Already Popped?</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\">\nHas The Bubble Already Popped?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 14:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/has-bubble-already-popped><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Has the bubble already popped and we haven’t realized it yet? I recognize it could be considered a ludicrous question to even ask considering indices just made new all time highs last Friday and we’re...</p>\n\n<a href=\"https://www.zerohedge.com/markets/has-bubble-already-popped\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/has-bubble-already-popped","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198530619","content_text":"Has the bubble already popped and we haven’t realized it yet? I recognize it could be considered a ludicrous question to even ask considering indices just made new all time highs last Friday and we’re barely down 2% on $SPX.\nAnd frankly I don’t know the answer myself here, but in context of the peak liquidity question I am submitting some data points that suggest that the speculative part of the bubble may have already popped back in February/March.\nConsider the following:\nWhat happened in February? Well, the same thing that happened in March and April. Risk assets made new all time highs, be it $SPX, crypto, you name it.\nYet while $NDX made a new all time high again last week along with Bitcoin and $DJIA and $SPX we can observe changes. Take a look at cumulative advance decline $NAAD. It peaked in February and last week’s highs show a very pronounced relative weakness in cumulative advance/decline:\nThat’s the kind of reading that got markets in trouble back in 2020.\nNew highs can be deceiving, especially if they occur in context of a trend break, and $NDX broke its March 2020 uptrend in February and these most recent highs constituted a back test of that broken trend line.\nPeople ignore the trend breaks, new highs are deemed bullish when they may not be as suggested by internals.\nSo you know this is not just a theorem look back toward 2018 when $NDX did exactly the same thing:\nBasically the same script. Trend break, a new rally to new highs that back tested the broken trend line and then lights out.\nWe can observe something very similar with Bitcoin. It too made a high on February 21 and then recently broke its trend only to make new highs on a negative divergence again raising the question of the Hedge Myth:\nBitcoin is now below the February highs.\nIndeed, using the February peak as a benchmark the performance picture in many asset classes is not commensurate with the new highs picture seen last week:\nSpeculative vehicles such as SPAC have been decimated:\nThe rout has not gone unnoticed:\nA lot of things peaked in February and one wonders if the February 19/21 time frame was perhaps the time of peak hubris:\nCelebrated hedge fund manager Cathie Wood has seen her main ETF peak in February as well:\nThese February highs have also come on a pronounced negative RSI divergences with a pronounced trend break in February as well. Unlike $NDX there have not been new highs nor a back test of the trend line. Just a broken chart. And now the ETF is down for the year.\nOn the way up everyone looks like a genius, but what really is the key driver of success in an environment where everything goes up? Is it superior stock picking or is it just riding the general liquidity wave a lot of which just ends up in speculative high risk investment vehicles seeking superior returns?\nI ask as I see ARKK, as an example, just track the liquidity train:\nNo printing, no performance. Printing and off to the races we go.\nIf one uses these vehicles as a proxy one could make the case that the speculative bubble has already popped despite still seeing pockets of relentless chasing in select vehicles (think Dogecoin). Call buying by retail has already calmed down, many stocks have stopped performing and the easy chase appears to be over and there is a lot of pain in these highly speculative momentum stocks.\nEven small caps, themselves having sported an unprecedented performance since the March lows, have stopped making new highs:\nYou know it’s bad when even a log chart looks like a linear chart.\nSmall caps too put in new highs on a negative divergence and have significantly lagged in the past 2 months. The underlying volatility index, $RVX, also showing ( as $VIX) a budding bullish volatility structure.\nSmall caps peaked in March:\nThat final high being vertical  and aggressive similar to what we saw in $NDX in 2000:\n\nBubbles popping are only known in hindsight, indeed one could’ve been entirely oblivious to a bubble bursting in 2000 looking at $SPX as the index chopped in range for months following the March bubble popping:\n\nIt just took that long for that realization to filter through the  broader stock market and the economy.\nBottomline here: Last week’s highs in markets and crypto may have been deceiving. Whether we get new highs still or not I submit there is a lot of damage taking place in this hyper valued market that is masked by the new highs headlines of last week. And the cumulative picture leaves the door open for the possibility that the bubble has already popped, except none of us realize it yet for recent new highs are masking it all.\nNow I freely acknowledge all this could end up being wrong and the ghost of 2013 may just continue ticking here, especially as nothing big has broken yet in the broader market.\nBut I also submit that we will only know for certain in hindsight, but if these data points send a viable signal then the implications could be profound. At least nobody can say the warning signs weren’t there when the realization sinks in that the bubble may have already popped.","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372337685,"gmtCreate":1619176358147,"gmtModify":1704720806655,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"Trading anticipated stock&nbsp;market moves... Well that's not really recommended.","listText":"Trading anticipated stock&nbsp;market moves... Well that's not really recommended.","text":"Trading anticipated stock market moves... Well that's not really recommended.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372337685","repostId":"1128911279","repostType":4,"repost":{"id":"1128911279","kind":"news","pubTimestamp":1619161805,"share":"https://ttm.financial/m/news/1128911279?lang=&edition=fundamental","pubTime":"2021-04-23 15:10","market":"us","language":"en","title":"Would Tax Hikes Spell Doom for the Stock Market?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128911279","media":"Motley Fool","summary":"Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.The stoc","content":"<p>Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.</p><p>The stock market had a turbulent day on Thursday, with initial gains during the first half of the trading session giving way to sharper losses in the mid-afternoon. By the end of the day, the&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;(DJINDICES:^DJI),<b>S&amp;P 500</b>&nbsp;(SNPINDEX:^GSPC), and&nbsp;<b>Nasdaq Composite</b>&nbsp;(NASDAQINDEX:^IXIC)were all down close to 1% on the day, reversing most of the positive momentum that Wall Street built up in the previous day's session on Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bffd9c86b9306074ca1ff042f238caed\" tg-width=\"1152\" tg-height=\"333\" referrerpolicy=\"no-referrer\"><span>DATA SOURCE: YAHOO! FINANCE.</span></p><p>The midday decline came amid reports that the Biden administration would propose tax increases on high-income taxpayers. The proposal targets a provision that long-term investors have taken advantage of for decades: the favorable&nbsp;tax rate on capital gains, the profits they realize when they sell stocks or other investments.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eeff2a6b63b58cdea2311005593d3979\" tg-width=\"2000\" tg-height=\"1332\" referrerpolicy=\"no-referrer\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><b>What taxes could go up, and on whom?</b></p><p>The proposal, as reported, would affect the way long-term capital gains get taxed for those with incomes above $1 million. Currently, investors pay the same tax rates on short-term capital gains on investments held for a year or less as they do on most other forms of income, such as wages and salaries or interest. However, if an investor holds onto an investment for longer than a year and then sells it, long-term capital-gains tax treatment applies.</p><p>Although the brackets aren't exactly aligned, in general, those who pay 10% or 12% in tax on ordinary income pay 0% on their long-term capital gains. Those paying 22% to 35% typically pay a 15% long-term capital-gains tax, while top-bracket taxpayers whose ordinary income tax rate is 37% have a 20% maximum rate on their investment gains for assets held long term.</p><p>Under the proposed new rules, favorable tax treatment for long-term capital gains would remain completely in place for everyone in the first two groups and even for many in the third group. However, for taxpayers with incomes above $1 million, the lower long-term capital-gains tax rates would go away and they'd instead have to pay ordinary income tax rates on those gains, as well.</p><p><b>Why investors shouldn't be surprised</b></p><p>The reported proposal isn't a new one. Biden&nbsp;discussed it during the 2020 presidential campaign&nbsp;as one of the aspects of his broader tax plan. It's likely that the final version of any actual bill introduced in Congress would also include an increase in the top tax bracket to 39.6%, which was the level in effect immediately before tax-reform efforts made major changes to tax laws for the 2018 tax year.</p><p>Moreover, the legislation is far from a done deal. Even with Democrats having control of both houses of Congress and the White House, the margins are razor-thin. Already, some Democratic lawmakers have balked at tax-policy proposals, and in the Senate, the loss of even a single vote would be sufficient to prevent a tax bill from becoming law.</p><p><b>Is a stock market crash imminent?</b></p><p>It's understandable that investors would worry that a capital-gains tax hike might cause the stock market to drop. If investors sell their stocks now to lock in current lower rates, it could create short-term selling pressure. In the long run, though, the fundamentals of underlying businesses should still control share-price movements.</p><p>Moreover, this wouldn't be the first time capital-gains taxes have risen. In 2012, maximum capital-gains rates rose from 15% to 20%. Yet that didn't stop U.S. stocks from continuing what would eventually become a decade-long bull market.</p><p>Tax-law changes require some planning, but investors shouldn't change their entire investing strategy because of taxes. Letting them&nbsp;<i>define</i>&nbsp;how you invest can be a huge mistake and distract you from the task of finding the best companies and owning their shares for the long haul.</p><p>Read more:<a href=\"https://laohu8.com/NW/1180283228\" target=\"_blank\">Stocks Will Get Over Their Big Biden Tax Wobble</a></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>Would Tax Hikes Spell Doom for the Stock Market?</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\">\nWould Tax Hikes Spell Doom for the Stock Market?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 15:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/would-tax-hikes-spell-doom-for-the-stock-market/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.The stock market had a turbulent day on Thursday, with initial gains during the first half of the trading ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/would-tax-hikes-spell-doom-for-the-stock-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.fool.com/investing/2021/04/22/would-tax-hikes-spell-doom-for-the-stock-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128911279","content_text":"Investors got spooked by a potential boost to capital-gains rates for high-income taxpayers.The stock market had a turbulent day on Thursday, with initial gains during the first half of the trading session giving way to sharper losses in the mid-afternoon. By the end of the day, the Dow Jones Industrial Average (DJINDICES:^DJI),S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC)were all down close to 1% on the day, reversing most of the positive momentum that Wall Street built up in the previous day's session on Wednesday.DATA SOURCE: YAHOO! FINANCE.The midday decline came amid reports that the Biden administration would propose tax increases on high-income taxpayers. The proposal targets a provision that long-term investors have taken advantage of for decades: the favorable tax rate on capital gains, the profits they realize when they sell stocks or other investments.IMAGE SOURCE: GETTY IMAGES.What taxes could go up, and on whom?The proposal, as reported, would affect the way long-term capital gains get taxed for those with incomes above $1 million. Currently, investors pay the same tax rates on short-term capital gains on investments held for a year or less as they do on most other forms of income, such as wages and salaries or interest. However, if an investor holds onto an investment for longer than a year and then sells it, long-term capital-gains tax treatment applies.Although the brackets aren't exactly aligned, in general, those who pay 10% or 12% in tax on ordinary income pay 0% on their long-term capital gains. Those paying 22% to 35% typically pay a 15% long-term capital-gains tax, while top-bracket taxpayers whose ordinary income tax rate is 37% have a 20% maximum rate on their investment gains for assets held long term.Under the proposed new rules, favorable tax treatment for long-term capital gains would remain completely in place for everyone in the first two groups and even for many in the third group. However, for taxpayers with incomes above $1 million, the lower long-term capital-gains tax rates would go away and they'd instead have to pay ordinary income tax rates on those gains, as well.Why investors shouldn't be surprisedThe reported proposal isn't a new one. Biden discussed it during the 2020 presidential campaign as one of the aspects of his broader tax plan. It's likely that the final version of any actual bill introduced in Congress would also include an increase in the top tax bracket to 39.6%, which was the level in effect immediately before tax-reform efforts made major changes to tax laws for the 2018 tax year.Moreover, the legislation is far from a done deal. Even with Democrats having control of both houses of Congress and the White House, the margins are razor-thin. Already, some Democratic lawmakers have balked at tax-policy proposals, and in the Senate, the loss of even a single vote would be sufficient to prevent a tax bill from becoming law.Is a stock market crash imminent?It's understandable that investors would worry that a capital-gains tax hike might cause the stock market to drop. If investors sell their stocks now to lock in current lower rates, it could create short-term selling pressure. In the long run, though, the fundamentals of underlying businesses should still control share-price movements.Moreover, this wouldn't be the first time capital-gains taxes have risen. In 2012, maximum capital-gains rates rose from 15% to 20%. Yet that didn't stop U.S. stocks from continuing what would eventually become a decade-long bull market.Tax-law changes require some planning, but investors shouldn't change their entire investing strategy because of taxes. Letting them define how you invest can be a huge mistake and distract you from the task of finding the best companies and owning their shares for the long haul.Read more:Stocks Will Get Over Their Big Biden Tax Wobble","news_type":1},"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372335594,"gmtCreate":1619176175018,"gmtModify":1704720804064,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"Wrong has finance background?","listText":"Wrong has finance background?","text":"Wrong has finance background?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372335594","repostId":"1143062408","repostType":4,"repost":{"id":"1143062408","kind":"news","pubTimestamp":1619162341,"share":"https://ttm.financial/m/news/1143062408?lang=&edition=fundamental","pubTime":"2021-04-23 15:19","market":"sg","language":"en","title":"Singapore Names Wong as New Finance Minister in Cabinet Shake-Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1143062408","media":"Bloomberg","summary":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his ","content":"<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.</p>\n<p>The appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.</p>\n<p>Since founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.</p>\n<p>Though no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the&nbsp;deputy prime minister role&nbsp;to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.</p>\n<p><b>Covid Leadership</b></p>\n<p>Wong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.</p>\n<p>“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.</p>\n<p>Known for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.</p>\n<p>Before his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.</p>\n<p>Wong began his career as a civil servant, later serving as chief executive of the&nbsp;Energy Market Authority&nbsp;and as principal private secretary to Lee.</p>\n<p>Here are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:</p>\n<ul>\n <li>Gan Kim Yong will be trade and industry minister</li>\n <li>S. Iswaran will be transport minister</li>\n <li>Chan Chun Sing will be education minister</li>\n <li>Ong Ye Kung will be health minister</li>\n <li>Josephine Teo will be communications and information minister, and continue as second minister for home affairs</li>\n <li>Tan See Leng will be manpower minister</li>\n</ul>","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>Singapore Names Wong as New Finance Minister in Cabinet Shake-Up</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\">\nSingapore Names Wong as New Finance Minister in Cabinet Shake-Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 15:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143062408","content_text":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.\nSince founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.\nThough no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the deputy prime minister role to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.\nCovid Leadership\nWong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.\n“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.\nKnown for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.\nBefore his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.\nWong began his career as a civil servant, later serving as chief executive of the Energy Market Authority and as principal private secretary to Lee.\nHere are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:\n\nGan Kim Yong will be trade and industry minister\nS. Iswaran will be transport minister\nChan Chun Sing will be education minister\nOng Ye Kung will be health minister\nJosephine Teo will be communications and information minister, and continue as second minister for home affairs\nTan See Leng will be manpower minister","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372336233,"gmtCreate":1619176021522,"gmtModify":1704720800987,"author":{"id":"3575510623638007","authorId":"3575510623638007","name":"Andrewpkyap","avatar":"https://static.tigerbbs.com/dccc1f2bfd7e531185f54b52ec91b358","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575510623638007","authorIdStr":"3575510623638007"},"themes":[],"htmlText":"It's not&nbsp;exciting at all. Maybe that's a good thing.","listText":"It's not&nbsp;exciting at all. Maybe that's a good thing.","text":"It's not exciting at all. Maybe that's a good thing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372336233","repostId":"1143062408","repostType":4,"repost":{"id":"1143062408","kind":"news","pubTimestamp":1619162341,"share":"https://ttm.financial/m/news/1143062408?lang=&edition=fundamental","pubTime":"2021-04-23 15:19","market":"sg","language":"en","title":"Singapore Names Wong as New Finance Minister in Cabinet Shake-Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1143062408","media":"Bloomberg","summary":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his ","content":"<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.</p>\n<p>The appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.</p>\n<p>Since founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.</p>\n<p>Though no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the&nbsp;deputy prime minister role&nbsp;to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.</p>\n<p><b>Covid Leadership</b></p>\n<p>Wong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.</p>\n<p>“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.</p>\n<p>Known for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.</p>\n<p>Before his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.</p>\n<p>Wong began his career as a civil servant, later serving as chief executive of the&nbsp;Energy Market Authority&nbsp;and as principal private secretary to Lee.</p>\n<p>Here are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:</p>\n<ul>\n <li>Gan Kim Yong will be trade and industry minister</li>\n <li>S. Iswaran will be transport minister</li>\n <li>Chan Chun Sing will be education minister</li>\n <li>Ong Ye Kung will be health minister</li>\n <li>Josephine Teo will be communications and information minister, and continue as second minister for home affairs</li>\n <li>Tan See Leng will be manpower minister</li>\n</ul>","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>Singapore Names Wong as New Finance Minister in Cabinet Shake-Up</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\">\nSingapore Names Wong as New Finance Minister in Cabinet Shake-Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 15:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-23/singapore-names-wong-finance-minister-in-cabinet-shake-up-cna?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143062408","content_text":"Lawrence Wong was named Singapore’s next finance minister in a cabinetreshuffleFriday, boosting his prominence as the city-state reboots its leadership transition plan.\nThe appointment follows Deputy Prime Minister Heng Swee Keat’s surprise announcement about two weeks ago that he’sstepping asideas the designated successor to Prime Minister Lee Hsien Loong within the People’s Action Party, which has led the country since independence. That forced changes to the long-telegraphed transition, leaving the party to seek a successor among its younger leaders before the next election due by 2025.\nSince founding father Lee Kuan Yew relinquished power some three decades ago, Singapore’s politics have been so well choreographed and predictable that they’re often joked about as dull. Local markets barely budged on Heng’s announcement earlier this month that he was stepping out of the running. Analysts have said they expect Singapore to remain politically stable.\nThough no clear successor to Lee was identified Friday, the finance minister selection could be a signal of who among the party’s “fourth-generation” leaders ultimately might be positioned for the top job. Heng was named finance chief in 2015 and added the deputy prime minister role to his portfolio in 2019. Lee himself was also finance minister previously, though his predecessor Goh Chok Tong didn’t hold that role.\nCovid Leadership\nWong, 48, has seen his profile rise as co-chair of the government task force for fighting Covid-19. His role as second minister for finance provided a smooth path to the ministry’s top job.\n“Lawrence has been assisting Swee Keat as Second Minister since 2016, so he has the experience, and is a natural fit for the job,” Prime Minister Lee said at a briefing Friday.\nKnown for a no-nonsense speaking manner, Wong played a critical role in helping to bring the pandemic under control in Singapore, with measures such as mandatory mask-wearing and strict social gathering rules.\nBefore his appointment as minister of education and second minister of finance after last year’s election, he also oversaw a closely-watched property sector as minister for national development.\nWong began his career as a civil servant, later serving as chief executive of the Energy Market Authority and as principal private secretary to Lee.\nHere are other changes to the cabinet, with the appointments taking effect on May 15, according to a statement:\n\nGan Kim Yong will be trade and industry minister\nS. Iswaran will be transport minister\nChan Chun Sing will be education minister\nOng Ye Kung will be health minister\nJosephine Teo will be communications and information minister, and continue as second minister for home affairs\nTan See Leng will be manpower minister","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}