shafeeq1993 personal page - To The Moon

shafeeq1993

shafeeq1993

Learning investing !!

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2021-06-25

Really good move Microsoft

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2021-04-26

Ha ha ha ha ha

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2021-04-26

Good move spotify

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2021-06-11

$XPeng Inc.(XPEV)$???

2021-04-26

Good news

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2021-04-05

Good good

T-Mobile, AMD, Levi Strauss, Constellation Brands, and Other Stocks to Watch This Week

2021-03-25

Like

INSIGHT-In 2020 the ultra-rich got richer. Now they're bracing for the backlash

2021-06-17

Good info

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2021-06-11

Good info

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2021-06-11

New ticker in my Watchlist

Go to Tiger App to see more news

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ha ha ha ha","listText":"Ha ha ha ha ha","text":"Ha ha ha ha ha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374980188","repostId":"1117221855","repostType":4,"isVote":1,"tweetType":1,"viewCount":2013,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374917007,"gmtCreate":1619408827709,"gmtModify":1704723400529,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576042754222931","authorIdStr":"3576042754222931"},"themes":[],"htmlText":"Ha ha ha ha ha","listText":"Ha ha ha ha ha","text":"Ha ha ha ha 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spotify","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374914868","repostId":"2130395818","repostType":4,"isVote":1,"tweetType":1,"viewCount":2005,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374911071,"gmtCreate":1619408291093,"gmtModify":1704723392074,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576042754222931","authorIdStr":"3576042754222931"},"themes":[],"htmlText":"Good news","listText":"Good news","text":"Good 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huh","images":[{"img":"https://static.tigerbbs.com/1a63750729c0e0ca6a38d01eb97a0e05","width":"1125","height":"3255"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343860258","isVote":1,"tweetType":1,"viewCount":934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":349509631,"gmtCreate":1617621175723,"gmtModify":1704700946990,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576042754222931","authorIdStr":"3576042754222931"},"themes":[],"htmlText":"Good good","listText":"Good good","text":"Good good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349509631","repostId":"1143289418","repostType":4,"repost":{"id":"1143289418","kind":"news","pubTimestamp":1617608016,"share":"https://ttm.financial/m/news/1143289418?lang=en_US&edition=fundamental","pubTime":"2021-04-05 15:33","market":"us","language":"en","title":"T-Mobile, AMD, Levi Strauss, Constellation Brands, and Other Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1143289418","media":"Barrons","summary":"It’s a quiet week on the earnings calendar. The handful of notable companies reporting include Paych","content":"<p>It’s a quiet week on the earnings calendar. The handful of notable companies reporting include Paychex on Tuesday, Lamb Weston Holdings on Wednesday, and Conagra Brands, Constellation Brands, and Levi Strauss all on Thursday.</p>\n<p>Applied Materials management will speak with Wall Street on Tuesday, while Lumen&nbsp;Technologies and T-Mobile US both host investor events on Wednesday. Also on Wednesday, Advanced Micro Devices and Xilinx shareholders will vote on the chip designers’ proposed&nbsp;merger.</p>\n<p>Central bank and monetary policy watchers will have plenty to tune into: The International Monetary Fund and World Bank hold their virtual 2021 spring meetings this week.&nbsp;Federal Reserve Chairman Jerome Powell and IMF Managing Director Kristalina Georgieva will discuss the global economy at an event on Thursday.</p>\n<p>The minutes from the Fed’s monetary policy committee’s March meeting will also be released this Wednesday. Economic data out this week include the Institute for Supply Management’s Services Purchasing Managers’ Index for March on Monday and the Bureau of Labor Statistics’&nbsp;producer price index for March on Friday.</p>\n<p><b>Monday 4/5</b></p>\n<p><b>Many stock exchanges</b>&nbsp;across the globe, including those in Germany and the United Kingdom, are closed in observance of Easter.</p>\n<p><b>The International Monetary</b>&nbsp;Fund and World Bank Group hold their 2021 spring meetings, virtually. The event will run through Sunday, April 11.</p>\n<p><b>The Institute for Supply</b>&nbsp;Management releases its Services Purchasing Managers’ Index for March. Economists forecast a 58.5 reading, higher than February’s 55.3.</p>\n<p><b>Tuesday 4/6</b></p>\n<p>Paychex reports quarterly results.</p>\n<p>Applied Materials hosts a virtual investor meeting. Company leadership, including CEO Gary Dickerson, will discuss its technology road map and financial targets, among other topics.</p>\n<p><b>The Bureau of Labor</b>&nbsp;Statistics releases the Job Openings and Labor Turnover Survey for February. Consensus estimate is for 6.9 million job openings on the last business day of February, close to the January data.</p>\n<p><b>Wednesday 4/7</b></p>\n<p>Lamb Weston Holdings releases earnings.</p>\n<p><b>The Federal Open Market</b>&nbsp;Committee releases the minutes from its mid-March monetary-policy meeting.</p>\n<p>Costco Wholesale&nbsp;reports sales data for March.</p>\n<p>Lumen Technologies, formerly known as CenturyLink, holds an analyst day. Lumen’s President and CEO Jeff Storey, among others, will discuss strategies to grow the company.</p>\n<p>Advanced Micro Devices and Xilinx hold special shareholder meetings to seek approval for their proposed merger, first announced in October.AMDhas agreed to buy Xilinx in an all-stock transaction valued at about $35 billion.</p>\n<p><b>The Federal Reserve</b>&nbsp;reports consumer credit data for February. Total outstanding consumer credit stands at $4.18 trillion, slightly lower than the all-time peak of $4.21 trillion set in February of last year. In 2020, consumer credit remained essentially unchanged, the first year that it didn’t expand since 2008.</p>\n<p><b>Thursday 4/8</b></p>\n<p>Federal Reserve Chairman Jerome Powell and International Monetary Fund Managing Director Kristalina Georgieva discuss the global economy at the 2021 spring meetings of the IMF and World Bank Group.</p>\n<p>Conagra Brands, Constellation Brands, and Levi Strauss report quarterly results.</p>\n<p><b>The Department of Labor</b>&nbsp;reports initial jobless claims for the week ending on April 3. The four-week moving average of jobless claims this past week was 719,000, the lowest since March of last year.</p>\n<p><b>Friday 4/9</b></p>\n<p><b>The BLS reports</b>&nbsp;the producer price index for March. Expectations are for a 0.5% month-over-month rise, matching the February increase.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>T-Mobile, AMD, Levi Strauss, Constellation Brands, and Other Stocks to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nT-Mobile, AMD, Levi Strauss, Constellation Brands, and Other Stocks to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 15:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/t-mobile-amd-levi-strauss-constellation-brands-and-other-stocks-for-investors-to-watch-this-week-51617562824?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s a quiet week on the earnings calendar. The handful of notable companies reporting include Paychex on Tuesday, Lamb Weston Holdings on Wednesday, and Conagra Brands, Constellation Brands, and Levi...</p>\n\n<a href=\"https://www.barrons.com/articles/t-mobile-amd-levi-strauss-constellation-brands-and-other-stocks-for-investors-to-watch-this-week-51617562824?mod=hp_LEAD_3\">Source 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","STZ":"星座品牌",".IXIC":"NASDAQ Composite","AMD":"美国超微公司","TMUSR":"T-Mobile US Inc","TMUS":"T-Mobile US Inc",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/t-mobile-amd-levi-strauss-constellation-brands-and-other-stocks-for-investors-to-watch-this-week-51617562824?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143289418","content_text":"It’s a quiet week on the earnings calendar. The handful of notable companies reporting include Paychex on Tuesday, Lamb Weston Holdings on Wednesday, and Conagra Brands, Constellation Brands, and Levi Strauss all on Thursday.\nApplied Materials management will speak with Wall Street on Tuesday, while Lumen Technologies and T-Mobile US both host investor events on Wednesday. Also on Wednesday, Advanced Micro Devices and Xilinx shareholders will vote on the chip designers’ proposed merger.\nCentral bank and monetary policy watchers will have plenty to tune into: The International Monetary Fund and World Bank hold their virtual 2021 spring meetings this week. Federal Reserve Chairman Jerome Powell and IMF Managing Director Kristalina Georgieva will discuss the global economy at an event on Thursday.\nThe minutes from the Fed’s monetary policy committee’s March meeting will also be released this Wednesday. Economic data out this week include the Institute for Supply Management’s Services Purchasing Managers’ Index for March on Monday and the Bureau of Labor Statistics’ producer price index for March on Friday.\nMonday 4/5\nMany stock exchanges across the globe, including those in Germany and the United Kingdom, are closed in observance of Easter.\nThe International Monetary Fund and World Bank Group hold their 2021 spring meetings, virtually. The event will run through Sunday, April 11.\nThe Institute for Supply Management releases its Services Purchasing Managers’ Index for March. Economists forecast a 58.5 reading, higher than February’s 55.3.\nTuesday 4/6\nPaychex reports quarterly results.\nApplied Materials hosts a virtual investor meeting. Company leadership, including CEO Gary Dickerson, will discuss its technology road map and financial targets, among other topics.\nThe Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey for February. Consensus estimate is for 6.9 million job openings on the last business day of February, close to the January data.\nWednesday 4/7\nLamb Weston Holdings releases earnings.\nThe Federal Open Market Committee releases the minutes from its mid-March monetary-policy meeting.\nCostco Wholesale reports sales data for March.\nLumen Technologies, formerly known as CenturyLink, holds an analyst day. Lumen’s President and CEO Jeff Storey, among others, will discuss strategies to grow the company.\nAdvanced Micro Devices and Xilinx hold special shareholder meetings to seek approval for their proposed merger, first announced in October.AMDhas agreed to buy Xilinx in an all-stock transaction valued at about $35 billion.\nThe Federal Reserve reports consumer credit data for February. Total outstanding consumer credit stands at $4.18 trillion, slightly lower than the all-time peak of $4.21 trillion set in February of last year. In 2020, consumer credit remained essentially unchanged, the first year that it didn’t expand since 2008.\nThursday 4/8\nFederal Reserve Chairman Jerome Powell and International Monetary Fund Managing Director Kristalina Georgieva discuss the global economy at the 2021 spring meetings of the IMF and World Bank Group.\nConagra Brands, Constellation Brands, and Levi Strauss report quarterly results.\nThe Department of Labor reports initial jobless claims for the week ending on April 3. The four-week moving average of jobless claims this past week was 719,000, the lowest since March of last year.\nFriday 4/9\nThe BLS reports the producer price index for March. Expectations are for a 0.5% month-over-month rise, matching the February increase.","news_type":1,"symbols_score_info":{".SPX":0.9,"STZ":0.9,".IXIC":0.9,".DJI":0.9,"TMUSR":0.9,"TMUS":0.9,"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":1264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358958440,"gmtCreate":1616655116980,"gmtModify":1704796969850,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576042754222931","authorIdStr":"3576042754222931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358958440","repostId":"2122849745","repostType":4,"repost":{"id":"2122849745","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":1616653510,"share":"https://ttm.financial/m/news/2122849745?lang=en_US&edition=fundamental","pubTime":"2021-03-25 14:25","market":"us","language":"en","title":"INSIGHT-In 2020 the ultra-rich got richer. Now they're bracing for the backlash","url":"https://stock-news.laohu8.com/highlight/detail?id=2122849745","media":"Reuters","summary":"Now some are talking to their wealth managers about how to keep a hold of and consolidate their fort","content":"<p>Now some are talking to their wealth managers about how to keep a hold of and consolidate their fortunes amid the global debris of the pandemic. Others are discussing how to preempt and navigate demands from governments, and the wider public, to pick up their share of the recovery costs.</p>\n<p>“The stock market crashed a year ago, by July or so my portfolio was back where it was before, at the beginning of the year, and now it’s far higher,” said Morris Pearl, a former managing director at BlackRock who chairs Patriotic Millionaires, a group that believes the high net worth should do more to close the wealth gap.</p>\n<p>“The fundamental problem is this gross inequality that’s getting worse.”</p>\n<p>The plans being discussed by the ultra-rich range from philanthropy, to shifting money and businesses into trust funds, and relocating to other countries or states with favourable tax regimes, according to Reuters interviews with seven millionaires and billionaires and more than 20 advisers to the wealthy.</p>\n<p>“It’s quite evident that the bill is coming for everybody,” said Rob Weeber, CEO at Swiss wealth manager Tiedemann Constantia, who said some clients were also considering selling major assets like businesses before tax rates rise.</p>\n<p>In the United States, the election of Joe Biden as president, and anticipated higher taxes for the rich, have in particular triggered a sharp increase in demand from clients to set up trusts, according to wealth managers.</p>\n<p>This would allow them to pass along money to children or other relatives under the current $11.7 million tax-free threshold per person. During his campaign, Biden proposed to return to 2009 levels, when the exemption stood at $3.5 million.</p>\n<p>“We saw a surge of trusts created and funded in Q4 of last year,” said Alvina Lo, chief wealth strategist at Wilmington Trust. “The vast majority of our clients adopted a wait-and-see approach until the election in November, and then it just kicked up into high gear.”</p>\n<p>‘EXTRAORDINARILY AGILE’</p>\n<p>Nearly two-thirds of the world’s billionaire class amassed greater fortunes in 2020, according to Forbes, with the biggest gainers reaching unprecedented levels of wealth, helped by the trillions of dollars in recovery money from policymakers.</p>\n<p>Forbes, which tracks publicly known fortunes, estimated billionaires had gotten 20% richer in 2020 by mid-December.</p>\n<p>Many enjoyed investment opportunities off-limits to ordinary retail investors, capitalising on market volatility with short-term derivative trades, according to Maximilian Kunkel, UBS’s chief investment officer for wealthy family offices.</p>\n<p>When asset prices tumbled, he said, many of the bank’s biggest private clients sold put options or opted for more complex trades known as risk reversals, helping them capitalise on their bet that prices would eventually rise.</p>\n<p>“Some of our clients were extraordinarily agile in taking advantage of the biggest market dislocations,” Kunkel added.</p>\n<p>Now, as governments globally grapple with ballooning debt and growing social unrest, billionaires know the spotlight on their wealth will get stronger, according to the interviews.</p>\n<p>Many of the wealthy are mindful of looming demands from tax authorities, and are speeding up plans to pour money into trust funds for their children.</p>\n<p>Wealth strategist Jason Cain said many ultra-rich families had also sought to move other assets including businesses into trust funds, capitalising on the “unique” situation presented by the pandemic of low interest rates and depressed valuations to make potentially windfall tax savings in years to come.</p>\n<p>Inquiries in such strategies tripled during the first seven to eight months of the pandemic, according to Cain, who works for U.S.-based wealth advisory Boston Private.</p>\n<p>“75-80% of the families that we talk to were convinced that that was an opportunistic time and they needed to do something.”</p>\n<p>THE HAMPTONS, OR SINGAPORE?</p>\n<p>Others across the globe are also taking more drastic action, by relocating to countries and areas where the tax regimes and societies are more benign for the mega-rich.</p>\n<p>“They are actually saying: look, we see the world inevitably going towards more and more transparency. And there’s no point fighting a trend,” said Babak Dastmaltschi, Credit Suisse’s head of strategic clients in its international wealth management division.</p>\n<p>“Let’s just find suitable jurisdictions which are transparent, open, respected, and internationally recognised, and establish our structures there,” he added, citing Switzerland, Luxembourg and Singapore as popular targets.</p>\n<p>Henley &amp; Partners, a global citizenship and residence advisory firm based in London, said inquiries from high-net-worth individuals seeking to relocate had jumped during the pandemic. The number of calls from U.S.-based clients surged 206% in 2020 from the prior year, for example, while calls from Brazil rose 156%.</p>\n<p>For many in emerging countries, fears that strains on public services could lead to civil unrest have prompted younger generations of wealthy families particularly to seek opportunities abroad.</p>\n<p>“COVID just basically took the clothes off the Emperor, and all of a sudden, people started to realize: our healthcare system is not strong, our social safety net is really not available,” said Beatriz Sanchez, head of Latin America at global wealth manager Julius Baer.</p>\n<p>Cindy Ostranger, tax director at Clarfeld Citizens Private Wealth, said she also saw many ultra-wealthy clients moving out of New York City into their vacation getaways in the likes of the Hamptons, initially to escape the worst of the pandemic, and subsequently staying to pay lower taxes.</p>\n<p>Moves to low-tax states, including Texas, Florida and Washington, have also become more popular, said Kristi Hanson, director of taxable research at investment consulting firm NEPC’s Private Wealth group.</p>\n<p>FOCUS ON PHILANTHROPY</p>\n<p>As countries continue to grapple with the pandemic’s fallout, economists point to a larger looming issue: the decoupling of extreme wealth from overall economic prosperity.</p>\n<p>By early March, the wealth of U.S. billionaires had risen $1.3 trillion, or by nearly a half, since the start of the pandemic, according to research conducted by the Institute for Policy Studies and Americans for Tax Fairness.</p>\n<p>That brings their wealth to $4.2 trillion, roughly a fifth of U.S. economic output for 2020 and double the total wealth held by the bottom-half of the 330 million population.</p>\n<p>“We’re at a moment, you might say, after four years of celebrating inequality, people are saying that wasn’t exactly the right answer,” said Nobel Laureate and Columbia University economist Joseph Stiglitz, referring to the U.S. Trump administration reducing taxation for the rich.</p>\n<p>The pandemic has focused the attention of many super-rich people on social causes, according to UBS’s American head of family advisory and philanthropy services Judy Spalthoff.</p>\n<p>“There’s been a massive shift in the conversations we’re witnessing among families, in terms of the consideration of social inequity,” she said. “The younger generation has really been pushing this topic at the board level.</p>\n<p>“We see so many conversations in families really gut-checking to say, ‘Yes, we’ve had success. We’ve worked hard for this success. But let’s not be blind to the world around us. And let’s make sure we can step out of our bubble’.”</p>\n<p>For many that means philanthropy.</p>\n<p>Spalthoff’s team saw a surge in clients partnering with the UBS Optimus Foundation, which channels money to causes such as Action Against Hunger, with donations rising 74% last year versus 2019, to $168 million.</p>\n<p>Yet for UK-based millionaire Gary Stevenson, a former trader at Citibank, any plan to tackle inequality must include a wealth tax.</p>\n<p>“We live in a situation right now where billionaires often pay lower rates of tax on their income than ordinary workers,” he said. “But I don’t think it will be enough just simply to tax their income ... it needs taxes that apply on wealth.”</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>INSIGHT-In 2020 the ultra-rich got richer. Now they're bracing for the backlash</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\">\nINSIGHT-In 2020 the ultra-rich got richer. Now they're bracing for the backlash\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\">2021-03-25 14:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Now some are talking to their wealth managers about how to keep a hold of and consolidate their fortunes amid the global debris of the pandemic. Others are discussing how to preempt and navigate demands from governments, and the wider public, to pick up their share of the recovery costs.</p>\n<p>“The stock market crashed a year ago, by July or so my portfolio was back where it was before, at the beginning of the year, and now it’s far higher,” said Morris Pearl, a former managing director at BlackRock who chairs Patriotic Millionaires, a group that believes the high net worth should do more to close the wealth gap.</p>\n<p>“The fundamental problem is this gross inequality that’s getting worse.”</p>\n<p>The plans being discussed by the ultra-rich range from philanthropy, to shifting money and businesses into trust funds, and relocating to other countries or states with favourable tax regimes, according to Reuters interviews with seven millionaires and billionaires and more than 20 advisers to the wealthy.</p>\n<p>“It’s quite evident that the bill is coming for everybody,” said Rob Weeber, CEO at Swiss wealth manager Tiedemann Constantia, who said some clients were also considering selling major assets like businesses before tax rates rise.</p>\n<p>In the United States, the election of Joe Biden as president, and anticipated higher taxes for the rich, have in particular triggered a sharp increase in demand from clients to set up trusts, according to wealth managers.</p>\n<p>This would allow them to pass along money to children or other relatives under the current $11.7 million tax-free threshold per person. During his campaign, Biden proposed to return to 2009 levels, when the exemption stood at $3.5 million.</p>\n<p>“We saw a surge of trusts created and funded in Q4 of last year,” said Alvina Lo, chief wealth strategist at Wilmington Trust. “The vast majority of our clients adopted a wait-and-see approach until the election in November, and then it just kicked up into high gear.”</p>\n<p>‘EXTRAORDINARILY AGILE’</p>\n<p>Nearly two-thirds of the world’s billionaire class amassed greater fortunes in 2020, according to Forbes, with the biggest gainers reaching unprecedented levels of wealth, helped by the trillions of dollars in recovery money from policymakers.</p>\n<p>Forbes, which tracks publicly known fortunes, estimated billionaires had gotten 20% richer in 2020 by mid-December.</p>\n<p>Many enjoyed investment opportunities off-limits to ordinary retail investors, capitalising on market volatility with short-term derivative trades, according to Maximilian Kunkel, UBS’s chief investment officer for wealthy family offices.</p>\n<p>When asset prices tumbled, he said, many of the bank’s biggest private clients sold put options or opted for more complex trades known as risk reversals, helping them capitalise on their bet that prices would eventually rise.</p>\n<p>“Some of our clients were extraordinarily agile in taking advantage of the biggest market dislocations,” Kunkel added.</p>\n<p>Now, as governments globally grapple with ballooning debt and growing social unrest, billionaires know the spotlight on their wealth will get stronger, according to the interviews.</p>\n<p>Many of the wealthy are mindful of looming demands from tax authorities, and are speeding up plans to pour money into trust funds for their children.</p>\n<p>Wealth strategist Jason Cain said many ultra-rich families had also sought to move other assets including businesses into trust funds, capitalising on the “unique” situation presented by the pandemic of low interest rates and depressed valuations to make potentially windfall tax savings in years to come.</p>\n<p>Inquiries in such strategies tripled during the first seven to eight months of the pandemic, according to Cain, who works for U.S.-based wealth advisory Boston Private.</p>\n<p>“75-80% of the families that we talk to were convinced that that was an opportunistic time and they needed to do something.”</p>\n<p>THE HAMPTONS, OR SINGAPORE?</p>\n<p>Others across the globe are also taking more drastic action, by relocating to countries and areas where the tax regimes and societies are more benign for the mega-rich.</p>\n<p>“They are actually saying: look, we see the world inevitably going towards more and more transparency. And there’s no point fighting a trend,” said Babak Dastmaltschi, Credit Suisse’s head of strategic clients in its international wealth management division.</p>\n<p>“Let’s just find suitable jurisdictions which are transparent, open, respected, and internationally recognised, and establish our structures there,” he added, citing Switzerland, Luxembourg and Singapore as popular targets.</p>\n<p>Henley &amp; Partners, a global citizenship and residence advisory firm based in London, said inquiries from high-net-worth individuals seeking to relocate had jumped during the pandemic. The number of calls from U.S.-based clients surged 206% in 2020 from the prior year, for example, while calls from Brazil rose 156%.</p>\n<p>For many in emerging countries, fears that strains on public services could lead to civil unrest have prompted younger generations of wealthy families particularly to seek opportunities abroad.</p>\n<p>“COVID just basically took the clothes off the Emperor, and all of a sudden, people started to realize: our healthcare system is not strong, our social safety net is really not available,” said Beatriz Sanchez, head of Latin America at global wealth manager Julius Baer.</p>\n<p>Cindy Ostranger, tax director at Clarfeld Citizens Private Wealth, said she also saw many ultra-wealthy clients moving out of New York City into their vacation getaways in the likes of the Hamptons, initially to escape the worst of the pandemic, and subsequently staying to pay lower taxes.</p>\n<p>Moves to low-tax states, including Texas, Florida and Washington, have also become more popular, said Kristi Hanson, director of taxable research at investment consulting firm NEPC’s Private Wealth group.</p>\n<p>FOCUS ON PHILANTHROPY</p>\n<p>As countries continue to grapple with the pandemic’s fallout, economists point to a larger looming issue: the decoupling of extreme wealth from overall economic prosperity.</p>\n<p>By early March, the wealth of U.S. billionaires had risen $1.3 trillion, or by nearly a half, since the start of the pandemic, according to research conducted by the Institute for Policy Studies and Americans for Tax Fairness.</p>\n<p>That brings their wealth to $4.2 trillion, roughly a fifth of U.S. economic output for 2020 and double the total wealth held by the bottom-half of the 330 million population.</p>\n<p>“We’re at a moment, you might say, after four years of celebrating inequality, people are saying that wasn’t exactly the right answer,” said Nobel Laureate and Columbia University economist Joseph Stiglitz, referring to the U.S. Trump administration reducing taxation for the rich.</p>\n<p>The pandemic has focused the attention of many super-rich people on social causes, according to UBS’s American head of family advisory and philanthropy services Judy Spalthoff.</p>\n<p>“There’s been a massive shift in the conversations we’re witnessing among families, in terms of the consideration of social inequity,” she said. “The younger generation has really been pushing this topic at the board level.</p>\n<p>“We see so many conversations in families really gut-checking to say, ‘Yes, we’ve had success. We’ve worked hard for this success. But let’s not be blind to the world around us. And let’s make sure we can step out of our bubble’.”</p>\n<p>For many that means philanthropy.</p>\n<p>Spalthoff’s team saw a surge in clients partnering with the UBS Optimus Foundation, which channels money to causes such as Action Against Hunger, with donations rising 74% last year versus 2019, to $168 million.</p>\n<p>Yet for UK-based millionaire Gary Stevenson, a former trader at Citibank, any plan to tackle inequality must include a wealth tax.</p>\n<p>“We live in a situation right now where billionaires often pay lower rates of tax on their income than ordinary workers,” he said. “But I don’t think it will be enough just simply to tax their income ... it needs taxes that apply on wealth.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BLK":"贝莱德","JPM":"摩根大通"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122849745","content_text":"Now some are talking to their wealth managers about how to keep a hold of and consolidate their fortunes amid the global debris of the pandemic. Others are discussing how to preempt and navigate demands from governments, and the wider public, to pick up their share of the recovery costs.\n“The stock market crashed a year ago, by July or so my portfolio was back where it was before, at the beginning of the year, and now it’s far higher,” said Morris Pearl, a former managing director at BlackRock who chairs Patriotic Millionaires, a group that believes the high net worth should do more to close the wealth gap.\n“The fundamental problem is this gross inequality that’s getting worse.”\nThe plans being discussed by the ultra-rich range from philanthropy, to shifting money and businesses into trust funds, and relocating to other countries or states with favourable tax regimes, according to Reuters interviews with seven millionaires and billionaires and more than 20 advisers to the wealthy.\n“It’s quite evident that the bill is coming for everybody,” said Rob Weeber, CEO at Swiss wealth manager Tiedemann Constantia, who said some clients were also considering selling major assets like businesses before tax rates rise.\nIn the United States, the election of Joe Biden as president, and anticipated higher taxes for the rich, have in particular triggered a sharp increase in demand from clients to set up trusts, according to wealth managers.\nThis would allow them to pass along money to children or other relatives under the current $11.7 million tax-free threshold per person. During his campaign, Biden proposed to return to 2009 levels, when the exemption stood at $3.5 million.\n“We saw a surge of trusts created and funded in Q4 of last year,” said Alvina Lo, chief wealth strategist at Wilmington Trust. “The vast majority of our clients adopted a wait-and-see approach until the election in November, and then it just kicked up into high gear.”\n‘EXTRAORDINARILY AGILE’\nNearly two-thirds of the world’s billionaire class amassed greater fortunes in 2020, according to Forbes, with the biggest gainers reaching unprecedented levels of wealth, helped by the trillions of dollars in recovery money from policymakers.\nForbes, which tracks publicly known fortunes, estimated billionaires had gotten 20% richer in 2020 by mid-December.\nMany enjoyed investment opportunities off-limits to ordinary retail investors, capitalising on market volatility with short-term derivative trades, according to Maximilian Kunkel, UBS’s chief investment officer for wealthy family offices.\nWhen asset prices tumbled, he said, many of the bank’s biggest private clients sold put options or opted for more complex trades known as risk reversals, helping them capitalise on their bet that prices would eventually rise.\n“Some of our clients were extraordinarily agile in taking advantage of the biggest market dislocations,” Kunkel added.\nNow, as governments globally grapple with ballooning debt and growing social unrest, billionaires know the spotlight on their wealth will get stronger, according to the interviews.\nMany of the wealthy are mindful of looming demands from tax authorities, and are speeding up plans to pour money into trust funds for their children.\nWealth strategist Jason Cain said many ultra-rich families had also sought to move other assets including businesses into trust funds, capitalising on the “unique” situation presented by the pandemic of low interest rates and depressed valuations to make potentially windfall tax savings in years to come.\nInquiries in such strategies tripled during the first seven to eight months of the pandemic, according to Cain, who works for U.S.-based wealth advisory Boston Private.\n“75-80% of the families that we talk to were convinced that that was an opportunistic time and they needed to do something.”\nTHE HAMPTONS, OR SINGAPORE?\nOthers across the globe are also taking more drastic action, by relocating to countries and areas where the tax regimes and societies are more benign for the mega-rich.\n“They are actually saying: look, we see the world inevitably going towards more and more transparency. And there’s no point fighting a trend,” said Babak Dastmaltschi, Credit Suisse’s head of strategic clients in its international wealth management division.\n“Let’s just find suitable jurisdictions which are transparent, open, respected, and internationally recognised, and establish our structures there,” he added, citing Switzerland, Luxembourg and Singapore as popular targets.\nHenley & Partners, a global citizenship and residence advisory firm based in London, said inquiries from high-net-worth individuals seeking to relocate had jumped during the pandemic. The number of calls from U.S.-based clients surged 206% in 2020 from the prior year, for example, while calls from Brazil rose 156%.\nFor many in emerging countries, fears that strains on public services could lead to civil unrest have prompted younger generations of wealthy families particularly to seek opportunities abroad.\n“COVID just basically took the clothes off the Emperor, and all of a sudden, people started to realize: our healthcare system is not strong, our social safety net is really not available,” said Beatriz Sanchez, head of Latin America at global wealth manager Julius Baer.\nCindy Ostranger, tax director at Clarfeld Citizens Private Wealth, said she also saw many ultra-wealthy clients moving out of New York City into their vacation getaways in the likes of the Hamptons, initially to escape the worst of the pandemic, and subsequently staying to pay lower taxes.\nMoves to low-tax states, including Texas, Florida and Washington, have also become more popular, said Kristi Hanson, director of taxable research at investment consulting firm NEPC’s Private Wealth group.\nFOCUS ON PHILANTHROPY\nAs countries continue to grapple with the pandemic’s fallout, economists point to a larger looming issue: the decoupling of extreme wealth from overall economic prosperity.\nBy early March, the wealth of U.S. billionaires had risen $1.3 trillion, or by nearly a half, since the start of the pandemic, according to research conducted by the Institute for Policy Studies and Americans for Tax Fairness.\nThat brings their wealth to $4.2 trillion, roughly a fifth of U.S. economic output for 2020 and double the total wealth held by the bottom-half of the 330 million population.\n“We’re at a moment, you might say, after four years of celebrating inequality, people are saying that wasn’t exactly the right answer,” said Nobel Laureate and Columbia University economist Joseph Stiglitz, referring to the U.S. Trump administration reducing taxation for the rich.\nThe pandemic has focused the attention of many super-rich people on social causes, according to UBS’s American head of family advisory and philanthropy services Judy Spalthoff.\n“There’s been a massive shift in the conversations we’re witnessing among families, in terms of the consideration of social inequity,” she said. “The younger generation has really been pushing this topic at the board level.\n“We see so many conversations in families really gut-checking to say, ‘Yes, we’ve had success. We’ve worked hard for this success. But let’s not be blind to the world around us. And let’s make sure we can step out of our bubble’.”\nFor many that means philanthropy.\nSpalthoff’s team saw a surge in clients partnering with the UBS Optimus Foundation, which channels money to causes such as Action Against Hunger, with donations rising 74% last year versus 2019, to $168 million.\nYet for UK-based millionaire Gary Stevenson, a former trader at Citibank, any plan to tackle inequality must include a wealth tax.\n“We live in a situation right now where billionaires often pay lower rates of tax on their income than ordinary workers,” he said. “But I don’t think it will be enough just simply to tax their income ... it needs taxes that apply on wealth.”","news_type":1,"symbols_score_info":{"JPM":0.9,"BLK":0.9}},"isVote":1,"tweetType":1,"viewCount":766,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358951550,"gmtCreate":1616655028370,"gmtModify":1704796967751,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576042754222931","authorIdStr":"3576042754222931"},"themes":[],"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358951550","repostId":"2122949214","repostType":4,"isVote":1,"tweetType":1,"viewCount":1208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358951129,"gmtCreate":1616654993961,"gmtModify":1704796967428,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576042754222931","authorIdStr":"3576042754222931"},"themes":[],"htmlText":"Good one","listText":"Good one","text":"Good one","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358951129","repostId":"1152638337","repostType":4,"repost":{"id":"1152638337","kind":"news","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":1616654361,"share":"https://ttm.financial/m/news/1152638337?lang=en_US&edition=fundamental","pubTime":"2021-03-25 14:39","market":"us","language":"en","title":"AstraZeneca says COVID-19 vaccine 76% effective in new analysis, to seek U.S. approval","url":"https://stock-news.laohu8.com/highlight/detail?id=1152638337","media":"Reuters","summary":"AstraZeneca’s said its COVID-19 vaccine was 76% effective in a new analysis of its U.S. trial - only","content":"<p>AstraZeneca’s said its COVID-19 vaccine was 76% effective in a new analysis of its U.S. trial - only a tad lower than the level in an earlier report this week criticised for using outdated data.</p>\n<p>Interim data published on Monday had put the vaccine’s efficacy rate at 79% but had not included more recent infections, leading to a highly unusual public rebuke from U.S health officials.</p>\n<p>The small revision to the efficacy rate will go a long way to putting the vaccine back on track for gaining U.S. emergency use authorisation - which it plans to seek in the coming weeks - and help AstraZeneca in its efforts to dispel doubts about its effectiveness and side-effects, independent experts said.</p>\n<p>AstraZeneca also reiterated that the shot, developed with Oxford University, was 100% effective against severe or critical forms of the disease. There have been eight severe cases - all among trial participants who received the placebo.</p>\n<p>“The vaccine efficacy against severe disease, including death, puts the AZ vaccine in the same ballpark as the other vaccines,” said William Schaffner, an infectious disease expert from the Vanderbilt University School of Medicine, adding that he expects the shot to gain U.S. approval.</p>\n<p>The latest data was based on 190 infections among more than 32,400 participants in the United States, Chile and Peru. The earlier interim data was based on 141 infections through Feb. 17.</p>\n<p>It also said the vaccine showed 85% efficacy in adults 65 years and older, higher than the 80% rate reported on Monday.</p>\n<p>AstraZeneca said the latest data has been presented to the independent trial oversight committee, the Data Safety Monitoring Board, and it plans to submit the analysis for peer-reviewed publication in the coming weeks.</p>\n<p>“The primary analysis is consistent with our previously released interim analysis, and confirms that our COVID-19 vaccine is highly effective in adults,” Mene Pangalos, executive vice president of BioPharmaceuticals R&amp;D at AstraZeneca said in a statement.</p>\n<p>The drugmaker noted there were 14 additional possible or probable cases to be analysed so numbers in later updates of the trial results may fluctuate slightly.</p>\n<p>The updated 76% efficacy rate compares with rates of about 95% for vaccines from Pfizer/BioNTech and Moderna in their trial data.</p>\n<p>Experts have noted, however, that AstraZeneca’s latest data is particularly significant because it was compiled after more infectious variants of the coronavirus became prevalent.</p>\n<p>“This appears to be a very effective vaccine with no safety concerns,” said Paul Griffin, a professor at the University of Queensland.</p>\n<p>“Hopefully, this should now give people the confidence that this vaccine is the right one to continue to use moving forward,” he said, adding that he and his parents have received the vaccine.</p>\n<p>AstraZeneca’s vaccine is seen as crucial in tackling the spread of COVID-19 across the globe, not just due to limited supply of vaccines but also because it is easier and cheaper to transport than rival shots. It has been granted conditional marketing or emergency use authorisation in more than 70 countries.</p>\n<p>The vaccine, once hailed as a milestone in the fight against the COVID-19 pandemic, has been dogged by questions since late last year when the drugmaker and Oxford University published data from an earlier trial with two different efficacy readings as a result of a dosing error.</p>\n<p>Then this month, more than a dozen countries temporarily suspended giving out the vaccine after reports linked it to a rare blood clotting disorder in a very small number of people.</p>\n<p>The European Union’s drug regulator said last week the vaccine was clearly safe, but Europeans remain sceptical about its safety.</p>\n<p>Canada on Wednesday said it was safe but added a warning to the vaccine’s label about rare blood clots.</p>\n<p>Its rollout has also been marred by production glitches and export curbs imposed by India and the European Union, threatening to slow global efforts to end the pandemic which has killed more than 2.8 million.</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>AstraZeneca says COVID-19 vaccine 76% effective in new analysis, to seek U.S. approval</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; 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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\">\nAstraZeneca says COVID-19 vaccine 76% effective in new analysis, to seek U.S. approval\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\">2021-03-25 14:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AstraZeneca’s said its COVID-19 vaccine was 76% effective in a new analysis of its U.S. trial - only a tad lower than the level in an earlier report this week criticised for using outdated data.</p>\n<p>Interim data published on Monday had put the vaccine’s efficacy rate at 79% but had not included more recent infections, leading to a highly unusual public rebuke from U.S health officials.</p>\n<p>The small revision to the efficacy rate will go a long way to putting the vaccine back on track for gaining U.S. emergency use authorisation - which it plans to seek in the coming weeks - and help AstraZeneca in its efforts to dispel doubts about its effectiveness and side-effects, independent experts said.</p>\n<p>AstraZeneca also reiterated that the shot, developed with Oxford University, was 100% effective against severe or critical forms of the disease. There have been eight severe cases - all among trial participants who received the placebo.</p>\n<p>“The vaccine efficacy against severe disease, including death, puts the AZ vaccine in the same ballpark as the other vaccines,” said William Schaffner, an infectious disease expert from the Vanderbilt University School of Medicine, adding that he expects the shot to gain U.S. approval.</p>\n<p>The latest data was based on 190 infections among more than 32,400 participants in the United States, Chile and Peru. The earlier interim data was based on 141 infections through Feb. 17.</p>\n<p>It also said the vaccine showed 85% efficacy in adults 65 years and older, higher than the 80% rate reported on Monday.</p>\n<p>AstraZeneca said the latest data has been presented to the independent trial oversight committee, the Data Safety Monitoring Board, and it plans to submit the analysis for peer-reviewed publication in the coming weeks.</p>\n<p>“The primary analysis is consistent with our previously released interim analysis, and confirms that our COVID-19 vaccine is highly effective in adults,” Mene Pangalos, executive vice president of BioPharmaceuticals R&amp;D at AstraZeneca said in a statement.</p>\n<p>The drugmaker noted there were 14 additional possible or probable cases to be analysed so numbers in later updates of the trial results may fluctuate slightly.</p>\n<p>The updated 76% efficacy rate compares with rates of about 95% for vaccines from Pfizer/BioNTech and Moderna in their trial data.</p>\n<p>Experts have noted, however, that AstraZeneca’s latest data is particularly significant because it was compiled after more infectious variants of the coronavirus became prevalent.</p>\n<p>“This appears to be a very effective vaccine with no safety concerns,” said Paul Griffin, a professor at the University of Queensland.</p>\n<p>“Hopefully, this should now give people the confidence that this vaccine is the right one to continue to use moving forward,” he said, adding that he and his parents have received the vaccine.</p>\n<p>AstraZeneca’s vaccine is seen as crucial in tackling the spread of COVID-19 across the globe, not just due to limited supply of vaccines but also because it is easier and cheaper to transport than rival shots. It has been granted conditional marketing or emergency use authorisation in more than 70 countries.</p>\n<p>The vaccine, once hailed as a milestone in the fight against the COVID-19 pandemic, has been dogged by questions since late last year when the drugmaker and Oxford University published data from an earlier trial with two different efficacy readings as a result of a dosing error.</p>\n<p>Then this month, more than a dozen countries temporarily suspended giving out the vaccine after reports linked it to a rare blood clotting disorder in a very small number of people.</p>\n<p>The European Union’s drug regulator said last week the vaccine was clearly safe, but Europeans remain sceptical about its safety.</p>\n<p>Canada on Wednesday said it was safe but added a warning to the vaccine’s label about rare blood clots.</p>\n<p>Its rollout has also been marred by production glitches and export curbs imposed by India and the European Union, threatening to slow global efforts to end the pandemic which has killed more than 2.8 million.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AZN.UK":"阿斯利康制药","AZN":"阿斯利康"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152638337","content_text":"AstraZeneca’s said its COVID-19 vaccine was 76% effective in a new analysis of its U.S. trial - only a tad lower than the level in an earlier report this week criticised for using outdated data.\nInterim data published on Monday had put the vaccine’s efficacy rate at 79% but had not included more recent infections, leading to a highly unusual public rebuke from U.S health officials.\nThe small revision to the efficacy rate will go a long way to putting the vaccine back on track for gaining U.S. emergency use authorisation - which it plans to seek in the coming weeks - and help AstraZeneca in its efforts to dispel doubts about its effectiveness and side-effects, independent experts said.\nAstraZeneca also reiterated that the shot, developed with Oxford University, was 100% effective against severe or critical forms of the disease. There have been eight severe cases - all among trial participants who received the placebo.\n“The vaccine efficacy against severe disease, including death, puts the AZ vaccine in the same ballpark as the other vaccines,” said William Schaffner, an infectious disease expert from the Vanderbilt University School of Medicine, adding that he expects the shot to gain U.S. approval.\nThe latest data was based on 190 infections among more than 32,400 participants in the United States, Chile and Peru. The earlier interim data was based on 141 infections through Feb. 17.\nIt also said the vaccine showed 85% efficacy in adults 65 years and older, higher than the 80% rate reported on Monday.\nAstraZeneca said the latest data has been presented to the independent trial oversight committee, the Data Safety Monitoring Board, and it plans to submit the analysis for peer-reviewed publication in the coming weeks.\n“The primary analysis is consistent with our previously released interim analysis, and confirms that our COVID-19 vaccine is highly effective in adults,” Mene Pangalos, executive vice president of BioPharmaceuticals R&D at AstraZeneca said in a statement.\nThe drugmaker noted there were 14 additional possible or probable cases to be analysed so numbers in later updates of the trial results may fluctuate slightly.\nThe updated 76% efficacy rate compares with rates of about 95% for vaccines from Pfizer/BioNTech and Moderna in their trial data.\nExperts have noted, however, that AstraZeneca’s latest data is particularly significant because it was compiled after more infectious variants of the coronavirus became prevalent.\n“This appears to be a very effective vaccine with no safety concerns,” said Paul Griffin, a professor at the University of Queensland.\n“Hopefully, this should now give people the confidence that this vaccine is the right one to continue to use moving forward,” he said, adding that he and his parents have received the vaccine.\nAstraZeneca’s vaccine is seen as crucial in tackling the spread of COVID-19 across the globe, not just due to limited supply of vaccines but also because it is easier and cheaper to transport than rival shots. It has been granted conditional marketing or emergency use authorisation in more than 70 countries.\nThe vaccine, once hailed as a milestone in the fight against the COVID-19 pandemic, has been dogged by questions since late last year when the drugmaker and Oxford University published data from an earlier trial with two different efficacy readings as a result of a dosing error.\nThen this month, more than a dozen countries temporarily suspended giving out the vaccine after reports linked it to a rare blood clotting disorder in a very small number of people.\nThe European Union’s drug regulator said last week the vaccine was clearly safe, but Europeans remain sceptical about its safety.\nCanada on Wednesday said it was safe but added a warning to the vaccine’s label about rare blood clots.\nIts rollout has also been marred by production glitches and export curbs imposed by India and the European Union, threatening to slow global efforts to end the pandemic which has killed more than 2.8 million.","news_type":1,"symbols_score_info":{"AZN":0.9,"AZN.UK":0.9}},"isVote":1,"tweetType":1,"viewCount":1082,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358953390,"gmtCreate":1616654865810,"gmtModify":1704796966135,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576042754222931","authorIdStr":"3576042754222931"},"themes":[],"htmlText":"Going down mah!!","listText":"Going down mah!!","text":"Going down mah!!","images":[{"img":"https://static.tigerbbs.com/b2a680072a177b1f04798e2f0b04bc73","width":"1125","height":"3256"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358953390","isVote":1,"tweetType":1,"viewCount":1287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":359939351,"gmtCreate":1616315133873,"gmtModify":1704792857922,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576042754222931","authorIdStr":"3576042754222931"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Please go up!!","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Please go up!!","text":"$NIO Inc.(NIO)$Please go up!!","images":[{"img":"https://static.tigerbbs.com/3f45f26070c9312c354ea1b7cba84f52","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359939351","isVote":1,"tweetType":1,"viewCount":1120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":122230666,"gmtCreate":1624621696055,"gmtModify":1703841919306,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576042754222931","idStr":"3576042754222931"},"themes":[],"htmlText":"Really good move Microsoft","listText":"Really good move Microsoft","text":"Really good move Microsoft","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122230666","repostId":"2146023165","repostType":4,"isVote":1,"tweetType":1,"viewCount":1878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374917007,"gmtCreate":1619408827709,"gmtModify":1704723400529,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576042754222931","idStr":"3576042754222931"},"themes":[],"htmlText":"Ha ha ha ha ha","listText":"Ha ha ha ha ha","text":"Ha ha ha ha ha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374917007","repostId":"2130395818","repostType":4,"isVote":1,"tweetType":1,"viewCount":2194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374914868,"gmtCreate":1619408803154,"gmtModify":1704723399219,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576042754222931","idStr":"3576042754222931"},"themes":[],"htmlText":"Good move spotify","listText":"Good move spotify","text":"Good move spotify","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374914868","repostId":"2130395818","repostType":4,"isVote":1,"tweetType":1,"viewCount":2005,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181204518,"gmtCreate":1623394546334,"gmtModify":1704202426188,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576042754222931","idStr":"3576042754222931"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XPEV\">$XPeng Inc.(XPEV)$</a>???","listText":"<a href=\"https://laohu8.com/S/XPEV\">$XPeng Inc.(XPEV)$</a>???","text":"$XPeng Inc.(XPEV)$???","images":[{"img":"https://static.tigerbbs.com/7a146a3ab07397077158a87e9ea2ac8a","width":"1284","height":"2457"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181204518","isVote":1,"tweetType":1,"viewCount":2427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":374911071,"gmtCreate":1619408291093,"gmtModify":1704723392074,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576042754222931","idStr":"3576042754222931"},"themes":[],"htmlText":"Good news","listText":"Good news","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374911071","repostId":"2129366917","repostType":4,"isVote":1,"tweetType":1,"viewCount":2911,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349509631,"gmtCreate":1617621175723,"gmtModify":1704700946990,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576042754222931","idStr":"3576042754222931"},"themes":[],"htmlText":"Good good","listText":"Good good","text":"Good good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349509631","repostId":"1143289418","repostType":4,"repost":{"id":"1143289418","kind":"news","pubTimestamp":1617608016,"share":"https://ttm.financial/m/news/1143289418?lang=en_US&edition=fundamental","pubTime":"2021-04-05 15:33","market":"us","language":"en","title":"T-Mobile, AMD, Levi Strauss, Constellation Brands, and Other Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1143289418","media":"Barrons","summary":"It’s a quiet week on the earnings calendar. The handful of notable companies reporting include Paych","content":"<p>It’s a quiet week on the earnings calendar. The handful of notable companies reporting include Paychex on Tuesday, Lamb Weston Holdings on Wednesday, and Conagra Brands, Constellation Brands, and Levi Strauss all on Thursday.</p>\n<p>Applied Materials management will speak with Wall Street on Tuesday, while Lumen&nbsp;Technologies and T-Mobile US both host investor events on Wednesday. Also on Wednesday, Advanced Micro Devices and Xilinx shareholders will vote on the chip designers’ proposed&nbsp;merger.</p>\n<p>Central bank and monetary policy watchers will have plenty to tune into: The International Monetary Fund and World Bank hold their virtual 2021 spring meetings this week.&nbsp;Federal Reserve Chairman Jerome Powell and IMF Managing Director Kristalina Georgieva will discuss the global economy at an event on Thursday.</p>\n<p>The minutes from the Fed’s monetary policy committee’s March meeting will also be released this Wednesday. Economic data out this week include the Institute for Supply Management’s Services Purchasing Managers’ Index for March on Monday and the Bureau of Labor Statistics’&nbsp;producer price index for March on Friday.</p>\n<p><b>Monday 4/5</b></p>\n<p><b>Many stock exchanges</b>&nbsp;across the globe, including those in Germany and the United Kingdom, are closed in observance of Easter.</p>\n<p><b>The International Monetary</b>&nbsp;Fund and World Bank Group hold their 2021 spring meetings, virtually. The event will run through Sunday, April 11.</p>\n<p><b>The Institute for Supply</b>&nbsp;Management releases its Services Purchasing Managers’ Index for March. Economists forecast a 58.5 reading, higher than February’s 55.3.</p>\n<p><b>Tuesday 4/6</b></p>\n<p>Paychex reports quarterly results.</p>\n<p>Applied Materials hosts a virtual investor meeting. Company leadership, including CEO Gary Dickerson, will discuss its technology road map and financial targets, among other topics.</p>\n<p><b>The Bureau of Labor</b>&nbsp;Statistics releases the Job Openings and Labor Turnover Survey for February. Consensus estimate is for 6.9 million job openings on the last business day of February, close to the January data.</p>\n<p><b>Wednesday 4/7</b></p>\n<p>Lamb Weston Holdings releases earnings.</p>\n<p><b>The Federal Open Market</b>&nbsp;Committee releases the minutes from its mid-March monetary-policy meeting.</p>\n<p>Costco Wholesale&nbsp;reports sales data for March.</p>\n<p>Lumen Technologies, formerly known as CenturyLink, holds an analyst day. Lumen’s President and CEO Jeff Storey, among others, will discuss strategies to grow the company.</p>\n<p>Advanced Micro Devices and Xilinx hold special shareholder meetings to seek approval for their proposed merger, first announced in October.AMDhas agreed to buy Xilinx in an all-stock transaction valued at about $35 billion.</p>\n<p><b>The Federal Reserve</b>&nbsp;reports consumer credit data for February. Total outstanding consumer credit stands at $4.18 trillion, slightly lower than the all-time peak of $4.21 trillion set in February of last year. In 2020, consumer credit remained essentially unchanged, the first year that it didn’t expand since 2008.</p>\n<p><b>Thursday 4/8</b></p>\n<p>Federal Reserve Chairman Jerome Powell and International Monetary Fund Managing Director Kristalina Georgieva discuss the global economy at the 2021 spring meetings of the IMF and World Bank Group.</p>\n<p>Conagra Brands, Constellation Brands, and Levi Strauss report quarterly results.</p>\n<p><b>The Department of Labor</b>&nbsp;reports initial jobless claims for the week ending on April 3. The four-week moving average of jobless claims this past week was 719,000, the lowest since March of last year.</p>\n<p><b>Friday 4/9</b></p>\n<p><b>The BLS reports</b>&nbsp;the producer price index for March. Expectations are for a 0.5% month-over-month rise, matching the February increase.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>T-Mobile, AMD, Levi Strauss, Constellation Brands, and Other Stocks to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nT-Mobile, AMD, Levi Strauss, Constellation Brands, and Other Stocks to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 15:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/t-mobile-amd-levi-strauss-constellation-brands-and-other-stocks-for-investors-to-watch-this-week-51617562824?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s a quiet week on the earnings calendar. The handful of notable companies reporting include Paychex on Tuesday, Lamb Weston Holdings on Wednesday, and Conagra Brands, Constellation Brands, and Levi...</p>\n\n<a href=\"https://www.barrons.com/articles/t-mobile-amd-levi-strauss-constellation-brands-and-other-stocks-for-investors-to-watch-this-week-51617562824?mod=hp_LEAD_3\">Source 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","STZ":"星座品牌",".IXIC":"NASDAQ Composite","AMD":"美国超微公司","TMUSR":"T-Mobile US Inc","TMUS":"T-Mobile US Inc",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/t-mobile-amd-levi-strauss-constellation-brands-and-other-stocks-for-investors-to-watch-this-week-51617562824?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143289418","content_text":"It’s a quiet week on the earnings calendar. The handful of notable companies reporting include Paychex on Tuesday, Lamb Weston Holdings on Wednesday, and Conagra Brands, Constellation Brands, and Levi Strauss all on Thursday.\nApplied Materials management will speak with Wall Street on Tuesday, while Lumen Technologies and T-Mobile US both host investor events on Wednesday. Also on Wednesday, Advanced Micro Devices and Xilinx shareholders will vote on the chip designers’ proposed merger.\nCentral bank and monetary policy watchers will have plenty to tune into: The International Monetary Fund and World Bank hold their virtual 2021 spring meetings this week. Federal Reserve Chairman Jerome Powell and IMF Managing Director Kristalina Georgieva will discuss the global economy at an event on Thursday.\nThe minutes from the Fed’s monetary policy committee’s March meeting will also be released this Wednesday. Economic data out this week include the Institute for Supply Management’s Services Purchasing Managers’ Index for March on Monday and the Bureau of Labor Statistics’ producer price index for March on Friday.\nMonday 4/5\nMany stock exchanges across the globe, including those in Germany and the United Kingdom, are closed in observance of Easter.\nThe International Monetary Fund and World Bank Group hold their 2021 spring meetings, virtually. The event will run through Sunday, April 11.\nThe Institute for Supply Management releases its Services Purchasing Managers’ Index for March. Economists forecast a 58.5 reading, higher than February’s 55.3.\nTuesday 4/6\nPaychex reports quarterly results.\nApplied Materials hosts a virtual investor meeting. Company leadership, including CEO Gary Dickerson, will discuss its technology road map and financial targets, among other topics.\nThe Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey for February. Consensus estimate is for 6.9 million job openings on the last business day of February, close to the January data.\nWednesday 4/7\nLamb Weston Holdings releases earnings.\nThe Federal Open Market Committee releases the minutes from its mid-March monetary-policy meeting.\nCostco Wholesale reports sales data for March.\nLumen Technologies, formerly known as CenturyLink, holds an analyst day. Lumen’s President and CEO Jeff Storey, among others, will discuss strategies to grow the company.\nAdvanced Micro Devices and Xilinx hold special shareholder meetings to seek approval for their proposed merger, first announced in October.AMDhas agreed to buy Xilinx in an all-stock transaction valued at about $35 billion.\nThe Federal Reserve reports consumer credit data for February. Total outstanding consumer credit stands at $4.18 trillion, slightly lower than the all-time peak of $4.21 trillion set in February of last year. In 2020, consumer credit remained essentially unchanged, the first year that it didn’t expand since 2008.\nThursday 4/8\nFederal Reserve Chairman Jerome Powell and International Monetary Fund Managing Director Kristalina Georgieva discuss the global economy at the 2021 spring meetings of the IMF and World Bank Group.\nConagra Brands, Constellation Brands, and Levi Strauss report quarterly results.\nThe Department of Labor reports initial jobless claims for the week ending on April 3. The four-week moving average of jobless claims this past week was 719,000, the lowest since March of last year.\nFriday 4/9\nThe BLS reports the producer price index for March. Expectations are for a 0.5% month-over-month rise, matching the February increase.","news_type":1,"symbols_score_info":{".SPX":0.9,"STZ":0.9,".IXIC":0.9,".DJI":0.9,"TMUSR":0.9,"TMUS":0.9,"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":1264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358958440,"gmtCreate":1616655116980,"gmtModify":1704796969850,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576042754222931","idStr":"3576042754222931"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358958440","repostId":"2122849745","repostType":4,"repost":{"id":"2122849745","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":1616653510,"share":"https://ttm.financial/m/news/2122849745?lang=en_US&edition=fundamental","pubTime":"2021-03-25 14:25","market":"us","language":"en","title":"INSIGHT-In 2020 the ultra-rich got richer. Now they're bracing for the backlash","url":"https://stock-news.laohu8.com/highlight/detail?id=2122849745","media":"Reuters","summary":"Now some are talking to their wealth managers about how to keep a hold of and consolidate their fort","content":"<p>Now some are talking to their wealth managers about how to keep a hold of and consolidate their fortunes amid the global debris of the pandemic. Others are discussing how to preempt and navigate demands from governments, and the wider public, to pick up their share of the recovery costs.</p>\n<p>“The stock market crashed a year ago, by July or so my portfolio was back where it was before, at the beginning of the year, and now it’s far higher,” said Morris Pearl, a former managing director at BlackRock who chairs Patriotic Millionaires, a group that believes the high net worth should do more to close the wealth gap.</p>\n<p>“The fundamental problem is this gross inequality that’s getting worse.”</p>\n<p>The plans being discussed by the ultra-rich range from philanthropy, to shifting money and businesses into trust funds, and relocating to other countries or states with favourable tax regimes, according to Reuters interviews with seven millionaires and billionaires and more than 20 advisers to the wealthy.</p>\n<p>“It’s quite evident that the bill is coming for everybody,” said Rob Weeber, CEO at Swiss wealth manager Tiedemann Constantia, who said some clients were also considering selling major assets like businesses before tax rates rise.</p>\n<p>In the United States, the election of Joe Biden as president, and anticipated higher taxes for the rich, have in particular triggered a sharp increase in demand from clients to set up trusts, according to wealth managers.</p>\n<p>This would allow them to pass along money to children or other relatives under the current $11.7 million tax-free threshold per person. During his campaign, Biden proposed to return to 2009 levels, when the exemption stood at $3.5 million.</p>\n<p>“We saw a surge of trusts created and funded in Q4 of last year,” said Alvina Lo, chief wealth strategist at Wilmington Trust. “The vast majority of our clients adopted a wait-and-see approach until the election in November, and then it just kicked up into high gear.”</p>\n<p>‘EXTRAORDINARILY AGILE’</p>\n<p>Nearly two-thirds of the world’s billionaire class amassed greater fortunes in 2020, according to Forbes, with the biggest gainers reaching unprecedented levels of wealth, helped by the trillions of dollars in recovery money from policymakers.</p>\n<p>Forbes, which tracks publicly known fortunes, estimated billionaires had gotten 20% richer in 2020 by mid-December.</p>\n<p>Many enjoyed investment opportunities off-limits to ordinary retail investors, capitalising on market volatility with short-term derivative trades, according to Maximilian Kunkel, UBS’s chief investment officer for wealthy family offices.</p>\n<p>When asset prices tumbled, he said, many of the bank’s biggest private clients sold put options or opted for more complex trades known as risk reversals, helping them capitalise on their bet that prices would eventually rise.</p>\n<p>“Some of our clients were extraordinarily agile in taking advantage of the biggest market dislocations,” Kunkel added.</p>\n<p>Now, as governments globally grapple with ballooning debt and growing social unrest, billionaires know the spotlight on their wealth will get stronger, according to the interviews.</p>\n<p>Many of the wealthy are mindful of looming demands from tax authorities, and are speeding up plans to pour money into trust funds for their children.</p>\n<p>Wealth strategist Jason Cain said many ultra-rich families had also sought to move other assets including businesses into trust funds, capitalising on the “unique” situation presented by the pandemic of low interest rates and depressed valuations to make potentially windfall tax savings in years to come.</p>\n<p>Inquiries in such strategies tripled during the first seven to eight months of the pandemic, according to Cain, who works for U.S.-based wealth advisory Boston Private.</p>\n<p>“75-80% of the families that we talk to were convinced that that was an opportunistic time and they needed to do something.”</p>\n<p>THE HAMPTONS, OR SINGAPORE?</p>\n<p>Others across the globe are also taking more drastic action, by relocating to countries and areas where the tax regimes and societies are more benign for the mega-rich.</p>\n<p>“They are actually saying: look, we see the world inevitably going towards more and more transparency. And there’s no point fighting a trend,” said Babak Dastmaltschi, Credit Suisse’s head of strategic clients in its international wealth management division.</p>\n<p>“Let’s just find suitable jurisdictions which are transparent, open, respected, and internationally recognised, and establish our structures there,” he added, citing Switzerland, Luxembourg and Singapore as popular targets.</p>\n<p>Henley &amp; Partners, a global citizenship and residence advisory firm based in London, said inquiries from high-net-worth individuals seeking to relocate had jumped during the pandemic. The number of calls from U.S.-based clients surged 206% in 2020 from the prior year, for example, while calls from Brazil rose 156%.</p>\n<p>For many in emerging countries, fears that strains on public services could lead to civil unrest have prompted younger generations of wealthy families particularly to seek opportunities abroad.</p>\n<p>“COVID just basically took the clothes off the Emperor, and all of a sudden, people started to realize: our healthcare system is not strong, our social safety net is really not available,” said Beatriz Sanchez, head of Latin America at global wealth manager Julius Baer.</p>\n<p>Cindy Ostranger, tax director at Clarfeld Citizens Private Wealth, said she also saw many ultra-wealthy clients moving out of New York City into their vacation getaways in the likes of the Hamptons, initially to escape the worst of the pandemic, and subsequently staying to pay lower taxes.</p>\n<p>Moves to low-tax states, including Texas, Florida and Washington, have also become more popular, said Kristi Hanson, director of taxable research at investment consulting firm NEPC’s Private Wealth group.</p>\n<p>FOCUS ON PHILANTHROPY</p>\n<p>As countries continue to grapple with the pandemic’s fallout, economists point to a larger looming issue: the decoupling of extreme wealth from overall economic prosperity.</p>\n<p>By early March, the wealth of U.S. billionaires had risen $1.3 trillion, or by nearly a half, since the start of the pandemic, according to research conducted by the Institute for Policy Studies and Americans for Tax Fairness.</p>\n<p>That brings their wealth to $4.2 trillion, roughly a fifth of U.S. economic output for 2020 and double the total wealth held by the bottom-half of the 330 million population.</p>\n<p>“We’re at a moment, you might say, after four years of celebrating inequality, people are saying that wasn’t exactly the right answer,” said Nobel Laureate and Columbia University economist Joseph Stiglitz, referring to the U.S. Trump administration reducing taxation for the rich.</p>\n<p>The pandemic has focused the attention of many super-rich people on social causes, according to UBS’s American head of family advisory and philanthropy services Judy Spalthoff.</p>\n<p>“There’s been a massive shift in the conversations we’re witnessing among families, in terms of the consideration of social inequity,” she said. “The younger generation has really been pushing this topic at the board level.</p>\n<p>“We see so many conversations in families really gut-checking to say, ‘Yes, we’ve had success. We’ve worked hard for this success. But let’s not be blind to the world around us. And let’s make sure we can step out of our bubble’.”</p>\n<p>For many that means philanthropy.</p>\n<p>Spalthoff’s team saw a surge in clients partnering with the UBS Optimus Foundation, which channels money to causes such as Action Against Hunger, with donations rising 74% last year versus 2019, to $168 million.</p>\n<p>Yet for UK-based millionaire Gary Stevenson, a former trader at Citibank, any plan to tackle inequality must include a wealth tax.</p>\n<p>“We live in a situation right now where billionaires often pay lower rates of tax on their income than ordinary workers,” he said. “But I don’t think it will be enough just simply to tax their income ... it needs taxes that apply on wealth.”</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>INSIGHT-In 2020 the ultra-rich got richer. Now they're bracing for the backlash</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\">\nINSIGHT-In 2020 the ultra-rich got richer. Now they're bracing for the backlash\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\">2021-03-25 14:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Now some are talking to their wealth managers about how to keep a hold of and consolidate their fortunes amid the global debris of the pandemic. Others are discussing how to preempt and navigate demands from governments, and the wider public, to pick up their share of the recovery costs.</p>\n<p>“The stock market crashed a year ago, by July or so my portfolio was back where it was before, at the beginning of the year, and now it’s far higher,” said Morris Pearl, a former managing director at BlackRock who chairs Patriotic Millionaires, a group that believes the high net worth should do more to close the wealth gap.</p>\n<p>“The fundamental problem is this gross inequality that’s getting worse.”</p>\n<p>The plans being discussed by the ultra-rich range from philanthropy, to shifting money and businesses into trust funds, and relocating to other countries or states with favourable tax regimes, according to Reuters interviews with seven millionaires and billionaires and more than 20 advisers to the wealthy.</p>\n<p>“It’s quite evident that the bill is coming for everybody,” said Rob Weeber, CEO at Swiss wealth manager Tiedemann Constantia, who said some clients were also considering selling major assets like businesses before tax rates rise.</p>\n<p>In the United States, the election of Joe Biden as president, and anticipated higher taxes for the rich, have in particular triggered a sharp increase in demand from clients to set up trusts, according to wealth managers.</p>\n<p>This would allow them to pass along money to children or other relatives under the current $11.7 million tax-free threshold per person. During his campaign, Biden proposed to return to 2009 levels, when the exemption stood at $3.5 million.</p>\n<p>“We saw a surge of trusts created and funded in Q4 of last year,” said Alvina Lo, chief wealth strategist at Wilmington Trust. “The vast majority of our clients adopted a wait-and-see approach until the election in November, and then it just kicked up into high gear.”</p>\n<p>‘EXTRAORDINARILY AGILE’</p>\n<p>Nearly two-thirds of the world’s billionaire class amassed greater fortunes in 2020, according to Forbes, with the biggest gainers reaching unprecedented levels of wealth, helped by the trillions of dollars in recovery money from policymakers.</p>\n<p>Forbes, which tracks publicly known fortunes, estimated billionaires had gotten 20% richer in 2020 by mid-December.</p>\n<p>Many enjoyed investment opportunities off-limits to ordinary retail investors, capitalising on market volatility with short-term derivative trades, according to Maximilian Kunkel, UBS’s chief investment officer for wealthy family offices.</p>\n<p>When asset prices tumbled, he said, many of the bank’s biggest private clients sold put options or opted for more complex trades known as risk reversals, helping them capitalise on their bet that prices would eventually rise.</p>\n<p>“Some of our clients were extraordinarily agile in taking advantage of the biggest market dislocations,” Kunkel added.</p>\n<p>Now, as governments globally grapple with ballooning debt and growing social unrest, billionaires know the spotlight on their wealth will get stronger, according to the interviews.</p>\n<p>Many of the wealthy are mindful of looming demands from tax authorities, and are speeding up plans to pour money into trust funds for their children.</p>\n<p>Wealth strategist Jason Cain said many ultra-rich families had also sought to move other assets including businesses into trust funds, capitalising on the “unique” situation presented by the pandemic of low interest rates and depressed valuations to make potentially windfall tax savings in years to come.</p>\n<p>Inquiries in such strategies tripled during the first seven to eight months of the pandemic, according to Cain, who works for U.S.-based wealth advisory Boston Private.</p>\n<p>“75-80% of the families that we talk to were convinced that that was an opportunistic time and they needed to do something.”</p>\n<p>THE HAMPTONS, OR SINGAPORE?</p>\n<p>Others across the globe are also taking more drastic action, by relocating to countries and areas where the tax regimes and societies are more benign for the mega-rich.</p>\n<p>“They are actually saying: look, we see the world inevitably going towards more and more transparency. And there’s no point fighting a trend,” said Babak Dastmaltschi, Credit Suisse’s head of strategic clients in its international wealth management division.</p>\n<p>“Let’s just find suitable jurisdictions which are transparent, open, respected, and internationally recognised, and establish our structures there,” he added, citing Switzerland, Luxembourg and Singapore as popular targets.</p>\n<p>Henley &amp; Partners, a global citizenship and residence advisory firm based in London, said inquiries from high-net-worth individuals seeking to relocate had jumped during the pandemic. The number of calls from U.S.-based clients surged 206% in 2020 from the prior year, for example, while calls from Brazil rose 156%.</p>\n<p>For many in emerging countries, fears that strains on public services could lead to civil unrest have prompted younger generations of wealthy families particularly to seek opportunities abroad.</p>\n<p>“COVID just basically took the clothes off the Emperor, and all of a sudden, people started to realize: our healthcare system is not strong, our social safety net is really not available,” said Beatriz Sanchez, head of Latin America at global wealth manager Julius Baer.</p>\n<p>Cindy Ostranger, tax director at Clarfeld Citizens Private Wealth, said she also saw many ultra-wealthy clients moving out of New York City into their vacation getaways in the likes of the Hamptons, initially to escape the worst of the pandemic, and subsequently staying to pay lower taxes.</p>\n<p>Moves to low-tax states, including Texas, Florida and Washington, have also become more popular, said Kristi Hanson, director of taxable research at investment consulting firm NEPC’s Private Wealth group.</p>\n<p>FOCUS ON PHILANTHROPY</p>\n<p>As countries continue to grapple with the pandemic’s fallout, economists point to a larger looming issue: the decoupling of extreme wealth from overall economic prosperity.</p>\n<p>By early March, the wealth of U.S. billionaires had risen $1.3 trillion, or by nearly a half, since the start of the pandemic, according to research conducted by the Institute for Policy Studies and Americans for Tax Fairness.</p>\n<p>That brings their wealth to $4.2 trillion, roughly a fifth of U.S. economic output for 2020 and double the total wealth held by the bottom-half of the 330 million population.</p>\n<p>“We’re at a moment, you might say, after four years of celebrating inequality, people are saying that wasn’t exactly the right answer,” said Nobel Laureate and Columbia University economist Joseph Stiglitz, referring to the U.S. Trump administration reducing taxation for the rich.</p>\n<p>The pandemic has focused the attention of many super-rich people on social causes, according to UBS’s American head of family advisory and philanthropy services Judy Spalthoff.</p>\n<p>“There’s been a massive shift in the conversations we’re witnessing among families, in terms of the consideration of social inequity,” she said. “The younger generation has really been pushing this topic at the board level.</p>\n<p>“We see so many conversations in families really gut-checking to say, ‘Yes, we’ve had success. We’ve worked hard for this success. But let’s not be blind to the world around us. And let’s make sure we can step out of our bubble’.”</p>\n<p>For many that means philanthropy.</p>\n<p>Spalthoff’s team saw a surge in clients partnering with the UBS Optimus Foundation, which channels money to causes such as Action Against Hunger, with donations rising 74% last year versus 2019, to $168 million.</p>\n<p>Yet for UK-based millionaire Gary Stevenson, a former trader at Citibank, any plan to tackle inequality must include a wealth tax.</p>\n<p>“We live in a situation right now where billionaires often pay lower rates of tax on their income than ordinary workers,” he said. “But I don’t think it will be enough just simply to tax their income ... it needs taxes that apply on wealth.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BLK":"贝莱德","JPM":"摩根大通"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122849745","content_text":"Now some are talking to their wealth managers about how to keep a hold of and consolidate their fortunes amid the global debris of the pandemic. Others are discussing how to preempt and navigate demands from governments, and the wider public, to pick up their share of the recovery costs.\n“The stock market crashed a year ago, by July or so my portfolio was back where it was before, at the beginning of the year, and now it’s far higher,” said Morris Pearl, a former managing director at BlackRock who chairs Patriotic Millionaires, a group that believes the high net worth should do more to close the wealth gap.\n“The fundamental problem is this gross inequality that’s getting worse.”\nThe plans being discussed by the ultra-rich range from philanthropy, to shifting money and businesses into trust funds, and relocating to other countries or states with favourable tax regimes, according to Reuters interviews with seven millionaires and billionaires and more than 20 advisers to the wealthy.\n“It’s quite evident that the bill is coming for everybody,” said Rob Weeber, CEO at Swiss wealth manager Tiedemann Constantia, who said some clients were also considering selling major assets like businesses before tax rates rise.\nIn the United States, the election of Joe Biden as president, and anticipated higher taxes for the rich, have in particular triggered a sharp increase in demand from clients to set up trusts, according to wealth managers.\nThis would allow them to pass along money to children or other relatives under the current $11.7 million tax-free threshold per person. During his campaign, Biden proposed to return to 2009 levels, when the exemption stood at $3.5 million.\n“We saw a surge of trusts created and funded in Q4 of last year,” said Alvina Lo, chief wealth strategist at Wilmington Trust. “The vast majority of our clients adopted a wait-and-see approach until the election in November, and then it just kicked up into high gear.”\n‘EXTRAORDINARILY AGILE’\nNearly two-thirds of the world’s billionaire class amassed greater fortunes in 2020, according to Forbes, with the biggest gainers reaching unprecedented levels of wealth, helped by the trillions of dollars in recovery money from policymakers.\nForbes, which tracks publicly known fortunes, estimated billionaires had gotten 20% richer in 2020 by mid-December.\nMany enjoyed investment opportunities off-limits to ordinary retail investors, capitalising on market volatility with short-term derivative trades, according to Maximilian Kunkel, UBS’s chief investment officer for wealthy family offices.\nWhen asset prices tumbled, he said, many of the bank’s biggest private clients sold put options or opted for more complex trades known as risk reversals, helping them capitalise on their bet that prices would eventually rise.\n“Some of our clients were extraordinarily agile in taking advantage of the biggest market dislocations,” Kunkel added.\nNow, as governments globally grapple with ballooning debt and growing social unrest, billionaires know the spotlight on their wealth will get stronger, according to the interviews.\nMany of the wealthy are mindful of looming demands from tax authorities, and are speeding up plans to pour money into trust funds for their children.\nWealth strategist Jason Cain said many ultra-rich families had also sought to move other assets including businesses into trust funds, capitalising on the “unique” situation presented by the pandemic of low interest rates and depressed valuations to make potentially windfall tax savings in years to come.\nInquiries in such strategies tripled during the first seven to eight months of the pandemic, according to Cain, who works for U.S.-based wealth advisory Boston Private.\n“75-80% of the families that we talk to were convinced that that was an opportunistic time and they needed to do something.”\nTHE HAMPTONS, OR SINGAPORE?\nOthers across the globe are also taking more drastic action, by relocating to countries and areas where the tax regimes and societies are more benign for the mega-rich.\n“They are actually saying: look, we see the world inevitably going towards more and more transparency. And there’s no point fighting a trend,” said Babak Dastmaltschi, Credit Suisse’s head of strategic clients in its international wealth management division.\n“Let’s just find suitable jurisdictions which are transparent, open, respected, and internationally recognised, and establish our structures there,” he added, citing Switzerland, Luxembourg and Singapore as popular targets.\nHenley & Partners, a global citizenship and residence advisory firm based in London, said inquiries from high-net-worth individuals seeking to relocate had jumped during the pandemic. The number of calls from U.S.-based clients surged 206% in 2020 from the prior year, for example, while calls from Brazil rose 156%.\nFor many in emerging countries, fears that strains on public services could lead to civil unrest have prompted younger generations of wealthy families particularly to seek opportunities abroad.\n“COVID just basically took the clothes off the Emperor, and all of a sudden, people started to realize: our healthcare system is not strong, our social safety net is really not available,” said Beatriz Sanchez, head of Latin America at global wealth manager Julius Baer.\nCindy Ostranger, tax director at Clarfeld Citizens Private Wealth, said she also saw many ultra-wealthy clients moving out of New York City into their vacation getaways in the likes of the Hamptons, initially to escape the worst of the pandemic, and subsequently staying to pay lower taxes.\nMoves to low-tax states, including Texas, Florida and Washington, have also become more popular, said Kristi Hanson, director of taxable research at investment consulting firm NEPC’s Private Wealth group.\nFOCUS ON PHILANTHROPY\nAs countries continue to grapple with the pandemic’s fallout, economists point to a larger looming issue: the decoupling of extreme wealth from overall economic prosperity.\nBy early March, the wealth of U.S. billionaires had risen $1.3 trillion, or by nearly a half, since the start of the pandemic, according to research conducted by the Institute for Policy Studies and Americans for Tax Fairness.\nThat brings their wealth to $4.2 trillion, roughly a fifth of U.S. economic output for 2020 and double the total wealth held by the bottom-half of the 330 million population.\n“We’re at a moment, you might say, after four years of celebrating inequality, people are saying that wasn’t exactly the right answer,” said Nobel Laureate and Columbia University economist Joseph Stiglitz, referring to the U.S. Trump administration reducing taxation for the rich.\nThe pandemic has focused the attention of many super-rich people on social causes, according to UBS’s American head of family advisory and philanthropy services Judy Spalthoff.\n“There’s been a massive shift in the conversations we’re witnessing among families, in terms of the consideration of social inequity,” she said. “The younger generation has really been pushing this topic at the board level.\n“We see so many conversations in families really gut-checking to say, ‘Yes, we’ve had success. We’ve worked hard for this success. But let’s not be blind to the world around us. And let’s make sure we can step out of our bubble’.”\nFor many that means philanthropy.\nSpalthoff’s team saw a surge in clients partnering with the UBS Optimus Foundation, which channels money to causes such as Action Against Hunger, with donations rising 74% last year versus 2019, to $168 million.\nYet for UK-based millionaire Gary Stevenson, a former trader at Citibank, any plan to tackle inequality must include a wealth tax.\n“We live in a situation right now where billionaires often pay lower rates of tax on their income than ordinary workers,” he said. “But I don’t think it will be enough just simply to tax their income ... it needs taxes that apply on wealth.”","news_type":1,"symbols_score_info":{"JPM":0.9,"BLK":0.9}},"isVote":1,"tweetType":1,"viewCount":766,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161255203,"gmtCreate":1623931000602,"gmtModify":1703823770600,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576042754222931","idStr":"3576042754222931"},"themes":[],"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161255203","repostId":"2144459257","repostType":4,"isVote":1,"tweetType":1,"viewCount":2000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181207903,"gmtCreate":1623394577502,"gmtModify":1704202426352,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576042754222931","idStr":"3576042754222931"},"themes":[],"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181207903","repostId":"2142799002","repostType":4,"isVote":1,"tweetType":1,"viewCount":2565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181205806,"gmtCreate":1623394460505,"gmtModify":1704202424067,"author":{"id":"3576042754222931","authorId":"3576042754222931","name":"shafeeq1993","avatar":"https://static.tigerbbs.com/332a0392fdf52c452a399b8e9e581519","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576042754222931","idStr":"3576042754222931"},"themes":[],"htmlText":"New ticker in my Watchlist","listText":"New ticker in my Watchlist","text":"New ticker in my Watchlist","images":[{"img":"https://static.tigerbbs.com/093e097cc6a3ca574f54965e03688250","width":"1125","height":"2433"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181205806","isVote":1,"tweetType":1,"viewCount":1752,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}