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Corn is Gold

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2023-01-10

Fed must stick to its plan to bring down inflation, else risk of inflation come biting in 2H23

Jerome Powell Says Bringing Down Inflation Could Fuel Political Opposition

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RIP

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Opposition","url":"https://stock-news.laohu8.com/highlight/detail?id=1150400563","media":"The Wall Street Journal","summary":"The Federal Reserve is strongly committedto lowering inflationeven though interest-rate increases to","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/76f4b771dee982b9c4ca47490cef716f\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/>The Federal Reserve is strongly committedto lowering inflationeven though interest-rate increases to restrain economic growth could fuel political blowback, said Chair Jerome Powell.</p><p>“Price stability is the bedrock of a healthy economy and provides the public with immeasurable benefits over time,” Mr. Powell said Tuesday in remarks prepared for delivery on panel discussion in Stockholm. “But restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy.”</p><p>The Fed’s institutional arrangements—in which policy makers set interest rates without direct control by Congress or the White House, sometimes referred to as its “independence”—allows the central bank “to take these necessary measures without considering short-term political factors,” Mr. Powell said.</p><p>Mr. Powell’s prepared remarks didn’t otherwise comment on the Fed’scoming interest-rate decisionsand instead highlighted the importance of central bank independence as well as the steps needed to safeguard that policy-setting autonomy. He addressed a conference focused on central bank independence that was convened by Sweden’s central bank.</p><p>The Fed raised its benchmark short-term interest rate aggressively last year, from near zero in March to just below 4.5% by the end of the year. Officials have signaled their intention to lift the rate above 5% this year, extending the fastest sequence of increases since the early 1980s to combat inflation that has also been near a 40-year high.</p><p>Mr. Powell was confirmed last spring with broad bipartisan Senate support to a second four-year term as the Fed’s chair. But some senior Democratic lawmakers have more recently voiced alarm at the Fed’s rapid rate rises.</p><p>The chairman of the Senate Banking Committee, Sen.Sherrod Brown(D., Ohio), and the top Democrat on the House Financial Services Committee, Rep.Maxine Waters(D., Calif.), separately sent letters to Mr. Powell last fall warning against overdoing rate increases. “You must not lose sight of your responsibility to ensure that we have full employment,” Mr. Brown wrote in October.</p><p>Other critics have been more outspoken. “There is a big difference between landing a plane and crashing it,” Sen. Elizabeth Warren (D., Mass.) said at a conference in November. “Powell risks pushing our economy off a cliff.”</p><p>Mr. Powell has said the central bank is trying to avoid unnecessary economic damage, including higher unemployment, by slowing the pace of its rate rises. But he has repeatedly warned that there would likely be some pain in bringing down high inflation.</p><p>In his remarks, Mr. Powell said he believes the “benefits of independent monetary policy in the U.S. context are well understood and broadly accepted.” He also said grants of independence to regulatory agencies should be “exceedingly rare, explicit, tightly circumscribed, and limited to those issues that clearly warrant protection from short-term political considerations.”</p><p>In exchange for such autonomy, Mr. Powell said the Fed “ should ‘stick to our knitting’ and not wander off” into addressing policy issues that aren’t directly linked to its mandate to keep inflation low and to support a strong job market.</p><p>Some Democrats and environmental groups have put pressure on the central bank to take a more activist role in policing bank lending decisions to address climate change. Mr. Powell on Tuesday argued for a far more limited role in which the Fed monitors how banks are managing an array of financial risks, including those posed by climate change.</p><p>“Without explicit congressional legislation, it would be inappropriate for us to use our monetary policy or supervisory tools to promote a greener economy or to achieve other climate-based goals,” he said. “We are not, and will not be, a ‘climate policy maker.’ ”</p><p></p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jerome Powell Says Bringing Down Inflation Could Fuel Political Opposition</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJerome Powell Says Bringing Down Inflation Could Fuel Political Opposition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-10 22:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jerome-powell-says-bringing-down-inflation-could-fuel-political-opposition-11673358963?mod=Searchresults_pos1&page=1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve is strongly committedto lowering inflationeven though interest-rate increases to restrain economic growth could fuel political blowback, said Chair Jerome Powell.“Price stability ...</p>\n\n<a href=\"https://www.wsj.com/articles/jerome-powell-says-bringing-down-inflation-could-fuel-political-opposition-11673358963?mod=Searchresults_pos1&page=1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/jerome-powell-says-bringing-down-inflation-could-fuel-political-opposition-11673358963?mod=Searchresults_pos1&page=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150400563","content_text":"The Federal Reserve is strongly committedto lowering inflationeven though interest-rate increases to restrain economic growth could fuel political blowback, said Chair Jerome Powell.“Price stability is the bedrock of a healthy economy and provides the public with immeasurable benefits over time,” Mr. Powell said Tuesday in remarks prepared for delivery on panel discussion in Stockholm. “But restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy.”The Fed’s institutional arrangements—in which policy makers set interest rates without direct control by Congress or the White House, sometimes referred to as its “independence”—allows the central bank “to take these necessary measures without considering short-term political factors,” Mr. Powell said.Mr. Powell’s prepared remarks didn’t otherwise comment on the Fed’scoming interest-rate decisionsand instead highlighted the importance of central bank independence as well as the steps needed to safeguard that policy-setting autonomy. He addressed a conference focused on central bank independence that was convened by Sweden’s central bank.The Fed raised its benchmark short-term interest rate aggressively last year, from near zero in March to just below 4.5% by the end of the year. Officials have signaled their intention to lift the rate above 5% this year, extending the fastest sequence of increases since the early 1980s to combat inflation that has also been near a 40-year high.Mr. Powell was confirmed last spring with broad bipartisan Senate support to a second four-year term as the Fed’s chair. But some senior Democratic lawmakers have more recently voiced alarm at the Fed’s rapid rate rises.The chairman of the Senate Banking Committee, Sen.Sherrod Brown(D., Ohio), and the top Democrat on the House Financial Services Committee, Rep.Maxine Waters(D., Calif.), separately sent letters to Mr. Powell last fall warning against overdoing rate increases. “You must not lose sight of your responsibility to ensure that we have full employment,” Mr. Brown wrote in October.Other critics have been more outspoken. “There is a big difference between landing a plane and crashing it,” Sen. Elizabeth Warren (D., Mass.) said at a conference in November. “Powell risks pushing our economy off a cliff.”Mr. Powell has said the central bank is trying to avoid unnecessary economic damage, including higher unemployment, by slowing the pace of its rate rises. But he has repeatedly warned that there would likely be some pain in bringing down high inflation.In his remarks, Mr. Powell said he believes the “benefits of independent monetary policy in the U.S. context are well understood and broadly accepted.” He also said grants of independence to regulatory agencies should be “exceedingly rare, explicit, tightly circumscribed, and limited to those issues that clearly warrant protection from short-term political considerations.”In exchange for such autonomy, Mr. Powell said the Fed “ should ‘stick to our knitting’ and not wander off” into addressing policy issues that aren’t directly linked to its mandate to keep inflation low and to support a strong job market.Some Democrats and environmental groups have put pressure on the central bank to take a more activist role in policing bank lending decisions to address climate change. Mr. Powell on Tuesday argued for a far more limited role in which the Fed monitors how banks are managing an array of financial risks, including those posed by climate change.“Without explicit congressional legislation, it would be inappropriate for us to use our monetary policy or supervisory tools to promote a greener economy or to achieve other climate-based goals,” he said. “We are not, and will not be, a ‘climate policy maker.’ ”","news_type":1},"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936782264,"gmtCreate":1662826859058,"gmtModify":1676537147251,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"RIP","listText":"RIP","text":"RIP","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936782264","repostId":"2266415879","repostType":4,"repost":{"id":"2266415879","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1662773640,"share":"https://ttm.financial/m/news/2266415879?lang=&edition=fundamental","pubTime":"2022-09-10 09:34","market":"uk","language":"en","title":"She Was the Best of Us","url":"https://stock-news.laohu8.com/highlight/detail?id=2266415879","media":"Dow Jones","summary":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunder","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of &#34;The Last King of America: The Misunderstood Reign of George III&#34; and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. &#34;Why did no one see it coming?&#34; she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. &#34;Why would anyone want the job?&#34; she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. &#34;Grief is the price we pay for love,&#34; she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn&#39;t strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn&#39;t understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn&#39;t know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen&#39;s reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn&#39;t been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn&#39;t exaggerating when she perceptively said that the Queen was &#34;the rock upon which modern Britain was built.&#34;</p><p>Although she was a small &#34;c&#34; conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer&#39;s public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen&#39;s first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband&#39;s uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family&#39;s all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>She Was the Best of Us</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\">\nShe Was the Best of Us\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-10 09:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of &#34;The Last King of America: The Misunderstood Reign of George III&#34; and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. &#34;Why did no one see it coming?&#34; she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. &#34;Why would anyone want the job?&#34; she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. &#34;Grief is the price we pay for love,&#34; she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn&#39;t strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn&#39;t understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn&#39;t know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen&#39;s reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn&#39;t been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn&#39;t exaggerating when she perceptively said that the Queen was &#34;the rock upon which modern Britain was built.&#34;</p><p>Although she was a small &#34;c&#34; conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer&#39;s public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen&#39;s first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband&#39;s uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family&#39;s all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266415879","content_text":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunderstood Reign of George III\" and a royal commentator for NBC News.We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. \"Why did no one see it coming?\" she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. \"Why would anyone want the job?\" she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. \"Grief is the price we pay for love,\" she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a Zoom call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn't strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn't understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn't know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen's reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn't been plain sailing.Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn't exaggerating when she perceptively said that the Queen was \"the rock upon which modern Britain was built.\"Although she was a small \"c\" conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer's public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.More than a century separated the births of The Queen's first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband's uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family's all-too-public traumas.She did all of it, and in 70 years she never once complained. She was the best of us.","news_type":1},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936782603,"gmtCreate":1662826843903,"gmtModify":1676537147243,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishbuy on dips","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishbuy on dips","text":"$NVIDIA Corp(NVDA)$BullishBullishBullishbuy on dips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936782603","isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936991679,"gmtCreate":1662688798191,"gmtModify":1676537119078,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"RIP","listText":"RIP","text":"RIP","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936991679","repostId":"2266816228","repostType":4,"repost":{"id":"2266816228","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":1662676304,"share":"https://ttm.financial/m/news/2266816228?lang=&edition=fundamental","pubTime":"2022-09-09 06:31","market":"sg","language":"en","title":"Queen Elizabeth Dies at 96, Ending an Era for Britain","url":"https://stock-news.laohu8.com/highlight/detail?id=2266816228","media":"Reuters","summary":"BALMORAL, Scotland, Sept 8 (Reuters) - Queen Elizabeth, Britain's longest-reigning monarch, the nati","content":"<html><head></head><body><p>BALMORAL, Scotland, Sept 8 (Reuters) - Queen Elizabeth, Britain&#39;s longest-reigning monarch, the nation&#39;s figurehead and a towering presence on the world stage for seven decades, died peacefully at her home in Scotland on Thursday aged 96.</p><p>&#34;The death of my beloved Mother, Her Majesty The Queen, is a moment of the greatest sadness for me and all members of my family,&#34; the new king, her eldest son Charles, said.</p><p>&#34;We mourn profoundly the passing of a cherished Sovereign and a much-loved mother. I know her loss will be deeply felt throughout the country, the Realms and the Commonwealth, and by countless people around the world,&#34; the 73-year-old said in a statement.</p><p>News that the queen&#39;s health was deteriorating emerged shortly after midday on Thursday when her doctors said she was under medical supervision, prompting her family to rush to Scotland to be by her side.</p><p>Thousands gathered outside Buckingham Palace, in central London, and there was a stunned silence when the flag was lowered to half-mast. The crowd surged to the gates as the notice announcing the death of the only monarch most Britons have ever known was attached to the black iron gates.</p><p>Royal officials said King Charles III and his wife Camilla, the Queen Consort, would remain at Balmoral Castle, where the queen died, before returning to London on Friday, when he is expected to address the nation and meet Prime Minister Liz Truss. Details of the funeral have not been confirmed.</p><p>On Elizabeth&#39;s death, Charles automatically became monarch of the United Kingdom and the head of state of 14 other realms including Australia, Canada and New Zealand. He is expected to visit all the nations of the United Kingdom in the coming days.</p><p><b>&#39;HUGE SHOCK TO THE NATION&#39;</b></p><p>The queen, whose husband died last year, had been suffering from what Buckingham Palace had called &#34;episodic mobility problems&#34; since the end of last year, forcing her to withdraw from nearly all her public engagements.</p><p>Her last official duty came only on Tuesday, when she appointed Truss prime minister - the 15th of her reign.</p><p>&#34;The death of Her Majesty the Queen is a huge shock to the nation and to the world,&#34; Truss said outside her Downing Street office where the flag, like those at royal palaces and government buildings across Britain, were lowered.</p><p>&#34;Through thick and thin, Queen Elizabeth II provided us with the stability and the strength that we needed. She was the very spirit of Great Britain – and that spirit will endure,&#34; said Truss, who was informed of the death at 4:30 p.m. London time.</p><p>The news stunned not only people in Britain, with condolences pouring in from leaders around the world.</p><p>&#34;Her legacy will loom large in the pages of British history, and in the story of our world,&#34; U.S. President Joe Biden said in a statement. He ordered flags at the White House to be flown at half-mast</p><p>In Paris, the mayor announced the lights of the Eiffel Tower would be turned off in honour of her passing; in Brazil, the government declared three days of mourning; and the United Nations General Assembly and the Security Council both stood for a moment of silence.</p><p>Even Russian President Vladimir Putin, whose country&#39;s relations with Britain have plummeted over the war in Ukraine, extended his condolences, calling it an &#34;irreparable loss&#34;.</p><p>Queen Elizabeth II, who was also the world&#39;s oldest and longest-serving head of state,came to the throne following the death of her father King George VI on Feb. 6, 1952, when she was just 25.</p><p><b>PLEDGED TO SERVE</b></p><p>She was crowned in June the following year. The first televised coronation was a foretaste of a new world in which the lives of the royals were to become increasingly scrutinised by the media.</p><p>&#34;I have in sincerity pledged myself to your service, as so many of you are pledged to mine. Throughout all my life and with all my heart I shall strive to be worthy of your trust,&#34; she said in a speech to her subjects on her coronation day.</p><p>Despite reputedly only being about 5ft 3ins tall, she commanded any room she entered. Famed for her bright outfits, she is said to have quipped: &#34;I have to be seen to be believed&#34;.</p><p>Elizabeth became monarch at a time when Britain still retained much of its old empire. It was emerging from the ravages of World War Two, with food rationing still in force and class and privilege still dominant in society.</p><p>Winston Churchill was Britain&#39;s prime minister at the time, Josef Stalin led the Soviet Union and the Korean War was raging.</p><p>In the decades that followed, Elizabeth witnessed massive political change and social upheaval at home and abroad. Her own family&#39;s tribulations, most notably the divorce of Charles and his late first wife Diana, were played out in full public glare.</p><p>While remaining an enduring symbol of stability and continuity for Britons at a time of relative national economic decline, Elizabeth also tried to adapt the ancient institution of monarchy to the demands of the modern era.</p><p>&#34;She has managed to modernise and evolve the monarchy like no other,&#34; her grandson Prince William, who is now heir to the throne, said in a 2012 documentary.</p><p><b>RECORDS</b></p><p>Elizabeth was the 40th monarch in a royal line that followed Norman King William the Conqueror, who claimed the English throne in 1066 after defeating Anglo-Saxon ruler Harold II at the Battle of Hastings.</p><p>Her long reign meant she repeatedly broke records for British rulers. When she surpassed the more than 63 years her great-great-grandmother Queen Victoria spent on the throne, she said it was not a landmark to which she had ever aspired.</p><p>&#34;Inevitably a long life can pass by many milestones - my own is no exception,&#34; she said.</p><p>Her marriage to Prince Philip lasted 73 years, until his death in April 2021, and they had four children, Charles, Anne, Andrew and Edward.</p><p>She never gave a media interviewand critics said she came across as distant and aloof.</p><p>But for the vast majority of her subjects she was a figure who commanded respect and admiration. Her death marks the end of an era.</p><p>&#34;When people around the world spoke of &#39;the queen&#39;, they actually meant our queen,&#34; former Prime Minister John Major said. &#34;That was the status she had in every part of the world. It was truly remarkable.&#34;</p><p>Opinion polls have suggested that Charles does not enjoy anywhere near the same level of support and there is speculation that the loss of Elizabeth may see a rise in republican sentiment, particularly in the other realms.</p><p>&#34;We know that, in losing our beloved queen, we have lost the person whose steadfast loyalty, service and humility has helped us make sense of who we are through decades of extraordinary change in our world, nation and society,&#34; the Archbishop of Canterbury, Justin Welby, said.</p><p>At her death the queen was head of state of not only the United Kingdom but also of Australia, the Bahamas, Belize, Canada, Grenada, Jamaica, New Zealand, Papua New Guinea, Saint Lucia, Saint Kitts and Nevis, Tuvalu, the Solomon Islands, Saint Vincent and the Grenadines, and Antigua and Barbuda.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Queen Elizabeth Dies at 96, Ending an Era for Britain</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\">\nQueen Elizabeth Dies at 96, Ending an Era for Britain\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\">2022-09-09 06:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>BALMORAL, Scotland, Sept 8 (Reuters) - Queen Elizabeth, Britain&#39;s longest-reigning monarch, the nation&#39;s figurehead and a towering presence on the world stage for seven decades, died peacefully at her home in Scotland on Thursday aged 96.</p><p>&#34;The death of my beloved Mother, Her Majesty The Queen, is a moment of the greatest sadness for me and all members of my family,&#34; the new king, her eldest son Charles, said.</p><p>&#34;We mourn profoundly the passing of a cherished Sovereign and a much-loved mother. I know her loss will be deeply felt throughout the country, the Realms and the Commonwealth, and by countless people around the world,&#34; the 73-year-old said in a statement.</p><p>News that the queen&#39;s health was deteriorating emerged shortly after midday on Thursday when her doctors said she was under medical supervision, prompting her family to rush to Scotland to be by her side.</p><p>Thousands gathered outside Buckingham Palace, in central London, and there was a stunned silence when the flag was lowered to half-mast. The crowd surged to the gates as the notice announcing the death of the only monarch most Britons have ever known was attached to the black iron gates.</p><p>Royal officials said King Charles III and his wife Camilla, the Queen Consort, would remain at Balmoral Castle, where the queen died, before returning to London on Friday, when he is expected to address the nation and meet Prime Minister Liz Truss. Details of the funeral have not been confirmed.</p><p>On Elizabeth&#39;s death, Charles automatically became monarch of the United Kingdom and the head of state of 14 other realms including Australia, Canada and New Zealand. He is expected to visit all the nations of the United Kingdom in the coming days.</p><p><b>&#39;HUGE SHOCK TO THE NATION&#39;</b></p><p>The queen, whose husband died last year, had been suffering from what Buckingham Palace had called &#34;episodic mobility problems&#34; since the end of last year, forcing her to withdraw from nearly all her public engagements.</p><p>Her last official duty came only on Tuesday, when she appointed Truss prime minister - the 15th of her reign.</p><p>&#34;The death of Her Majesty the Queen is a huge shock to the nation and to the world,&#34; Truss said outside her Downing Street office where the flag, like those at royal palaces and government buildings across Britain, were lowered.</p><p>&#34;Through thick and thin, Queen Elizabeth II provided us with the stability and the strength that we needed. She was the very spirit of Great Britain – and that spirit will endure,&#34; said Truss, who was informed of the death at 4:30 p.m. London time.</p><p>The news stunned not only people in Britain, with condolences pouring in from leaders around the world.</p><p>&#34;Her legacy will loom large in the pages of British history, and in the story of our world,&#34; U.S. President Joe Biden said in a statement. He ordered flags at the White House to be flown at half-mast</p><p>In Paris, the mayor announced the lights of the Eiffel Tower would be turned off in honour of her passing; in Brazil, the government declared three days of mourning; and the United Nations General Assembly and the Security Council both stood for a moment of silence.</p><p>Even Russian President Vladimir Putin, whose country&#39;s relations with Britain have plummeted over the war in Ukraine, extended his condolences, calling it an &#34;irreparable loss&#34;.</p><p>Queen Elizabeth II, who was also the world&#39;s oldest and longest-serving head of state,came to the throne following the death of her father King George VI on Feb. 6, 1952, when she was just 25.</p><p><b>PLEDGED TO SERVE</b></p><p>She was crowned in June the following year. The first televised coronation was a foretaste of a new world in which the lives of the royals were to become increasingly scrutinised by the media.</p><p>&#34;I have in sincerity pledged myself to your service, as so many of you are pledged to mine. Throughout all my life and with all my heart I shall strive to be worthy of your trust,&#34; she said in a speech to her subjects on her coronation day.</p><p>Despite reputedly only being about 5ft 3ins tall, she commanded any room she entered. Famed for her bright outfits, she is said to have quipped: &#34;I have to be seen to be believed&#34;.</p><p>Elizabeth became monarch at a time when Britain still retained much of its old empire. It was emerging from the ravages of World War Two, with food rationing still in force and class and privilege still dominant in society.</p><p>Winston Churchill was Britain&#39;s prime minister at the time, Josef Stalin led the Soviet Union and the Korean War was raging.</p><p>In the decades that followed, Elizabeth witnessed massive political change and social upheaval at home and abroad. Her own family&#39;s tribulations, most notably the divorce of Charles and his late first wife Diana, were played out in full public glare.</p><p>While remaining an enduring symbol of stability and continuity for Britons at a time of relative national economic decline, Elizabeth also tried to adapt the ancient institution of monarchy to the demands of the modern era.</p><p>&#34;She has managed to modernise and evolve the monarchy like no other,&#34; her grandson Prince William, who is now heir to the throne, said in a 2012 documentary.</p><p><b>RECORDS</b></p><p>Elizabeth was the 40th monarch in a royal line that followed Norman King William the Conqueror, who claimed the English throne in 1066 after defeating Anglo-Saxon ruler Harold II at the Battle of Hastings.</p><p>Her long reign meant she repeatedly broke records for British rulers. When she surpassed the more than 63 years her great-great-grandmother Queen Victoria spent on the throne, she said it was not a landmark to which she had ever aspired.</p><p>&#34;Inevitably a long life can pass by many milestones - my own is no exception,&#34; she said.</p><p>Her marriage to Prince Philip lasted 73 years, until his death in April 2021, and they had four children, Charles, Anne, Andrew and Edward.</p><p>She never gave a media interviewand critics said she came across as distant and aloof.</p><p>But for the vast majority of her subjects she was a figure who commanded respect and admiration. Her death marks the end of an era.</p><p>&#34;When people around the world spoke of &#39;the queen&#39;, they actually meant our queen,&#34; former Prime Minister John Major said. &#34;That was the status she had in every part of the world. It was truly remarkable.&#34;</p><p>Opinion polls have suggested that Charles does not enjoy anywhere near the same level of support and there is speculation that the loss of Elizabeth may see a rise in republican sentiment, particularly in the other realms.</p><p>&#34;We know that, in losing our beloved queen, we have lost the person whose steadfast loyalty, service and humility has helped us make sense of who we are through decades of extraordinary change in our world, nation and society,&#34; the Archbishop of Canterbury, Justin Welby, said.</p><p>At her death the queen was head of state of not only the United Kingdom but also of Australia, the Bahamas, Belize, Canada, Grenada, Jamaica, New Zealand, Papua New Guinea, Saint Lucia, Saint Kitts and Nevis, Tuvalu, the Solomon Islands, Saint Vincent and the Grenadines, and Antigua and Barbuda.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","VUKE.UK":"英国富时100"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266816228","content_text":"BALMORAL, Scotland, Sept 8 (Reuters) - Queen Elizabeth, Britain's longest-reigning monarch, the nation's figurehead and a towering presence on the world stage for seven decades, died peacefully at her home in Scotland on Thursday aged 96.\"The death of my beloved Mother, Her Majesty The Queen, is a moment of the greatest sadness for me and all members of my family,\" the new king, her eldest son Charles, said.\"We mourn profoundly the passing of a cherished Sovereign and a much-loved mother. I know her loss will be deeply felt throughout the country, the Realms and the Commonwealth, and by countless people around the world,\" the 73-year-old said in a statement.News that the queen's health was deteriorating emerged shortly after midday on Thursday when her doctors said she was under medical supervision, prompting her family to rush to Scotland to be by her side.Thousands gathered outside Buckingham Palace, in central London, and there was a stunned silence when the flag was lowered to half-mast. The crowd surged to the gates as the notice announcing the death of the only monarch most Britons have ever known was attached to the black iron gates.Royal officials said King Charles III and his wife Camilla, the Queen Consort, would remain at Balmoral Castle, where the queen died, before returning to London on Friday, when he is expected to address the nation and meet Prime Minister Liz Truss. Details of the funeral have not been confirmed.On Elizabeth's death, Charles automatically became monarch of the United Kingdom and the head of state of 14 other realms including Australia, Canada and New Zealand. He is expected to visit all the nations of the United Kingdom in the coming days.'HUGE SHOCK TO THE NATION'The queen, whose husband died last year, had been suffering from what Buckingham Palace had called \"episodic mobility problems\" since the end of last year, forcing her to withdraw from nearly all her public engagements.Her last official duty came only on Tuesday, when she appointed Truss prime minister - the 15th of her reign.\"The death of Her Majesty the Queen is a huge shock to the nation and to the world,\" Truss said outside her Downing Street office where the flag, like those at royal palaces and government buildings across Britain, were lowered.\"Through thick and thin, Queen Elizabeth II provided us with the stability and the strength that we needed. She was the very spirit of Great Britain – and that spirit will endure,\" said Truss, who was informed of the death at 4:30 p.m. London time.The news stunned not only people in Britain, with condolences pouring in from leaders around the world.\"Her legacy will loom large in the pages of British history, and in the story of our world,\" U.S. President Joe Biden said in a statement. He ordered flags at the White House to be flown at half-mastIn Paris, the mayor announced the lights of the Eiffel Tower would be turned off in honour of her passing; in Brazil, the government declared three days of mourning; and the United Nations General Assembly and the Security Council both stood for a moment of silence.Even Russian President Vladimir Putin, whose country's relations with Britain have plummeted over the war in Ukraine, extended his condolences, calling it an \"irreparable loss\".Queen Elizabeth II, who was also the world's oldest and longest-serving head of state,came to the throne following the death of her father King George VI on Feb. 6, 1952, when she was just 25.PLEDGED TO SERVEShe was crowned in June the following year. The first televised coronation was a foretaste of a new world in which the lives of the royals were to become increasingly scrutinised by the media.\"I have in sincerity pledged myself to your service, as so many of you are pledged to mine. Throughout all my life and with all my heart I shall strive to be worthy of your trust,\" she said in a speech to her subjects on her coronation day.Despite reputedly only being about 5ft 3ins tall, she commanded any room she entered. Famed for her bright outfits, she is said to have quipped: \"I have to be seen to be believed\".Elizabeth became monarch at a time when Britain still retained much of its old empire. It was emerging from the ravages of World War Two, with food rationing still in force and class and privilege still dominant in society.Winston Churchill was Britain's prime minister at the time, Josef Stalin led the Soviet Union and the Korean War was raging.In the decades that followed, Elizabeth witnessed massive political change and social upheaval at home and abroad. Her own family's tribulations, most notably the divorce of Charles and his late first wife Diana, were played out in full public glare.While remaining an enduring symbol of stability and continuity for Britons at a time of relative national economic decline, Elizabeth also tried to adapt the ancient institution of monarchy to the demands of the modern era.\"She has managed to modernise and evolve the monarchy like no other,\" her grandson Prince William, who is now heir to the throne, said in a 2012 documentary.RECORDSElizabeth was the 40th monarch in a royal line that followed Norman King William the Conqueror, who claimed the English throne in 1066 after defeating Anglo-Saxon ruler Harold II at the Battle of Hastings.Her long reign meant she repeatedly broke records for British rulers. When she surpassed the more than 63 years her great-great-grandmother Queen Victoria spent on the throne, she said it was not a landmark to which she had ever aspired.\"Inevitably a long life can pass by many milestones - my own is no exception,\" she said.Her marriage to Prince Philip lasted 73 years, until his death in April 2021, and they had four children, Charles, Anne, Andrew and Edward.She never gave a media interviewand critics said she came across as distant and aloof.But for the vast majority of her subjects she was a figure who commanded respect and admiration. Her death marks the end of an era.\"When people around the world spoke of 'the queen', they actually meant our queen,\" former Prime Minister John Major said. \"That was the status she had in every part of the world. It was truly remarkable.\"Opinion polls have suggested that Charles does not enjoy anywhere near the same level of support and there is speculation that the loss of Elizabeth may see a rise in republican sentiment, particularly in the other realms.\"We know that, in losing our beloved queen, we have lost the person whose steadfast loyalty, service and humility has helped us make sense of who we are through decades of extraordinary change in our world, nation and society,\" the Archbishop of Canterbury, Justin Welby, said.At her death the queen was head of state of not only the United Kingdom but also of Australia, the Bahamas, Belize, Canada, Grenada, Jamaica, New Zealand, Papua New Guinea, Saint Lucia, Saint Kitts and Nevis, Tuvalu, the Solomon Islands, Saint Vincent and the Grenadines, and Antigua and Barbuda.","news_type":1},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992439441,"gmtCreate":1661351364485,"gmtModify":1676536501619,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Fly","listText":"Fly","text":"Fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992439441","repostId":"1162343527","repostType":4,"repost":{"id":"1162343527","pubTimestamp":1661354227,"share":"https://ttm.financial/m/news/1162343527?lang=&edition=fundamental","pubTime":"2022-08-24 23:17","market":"us","language":"en","title":"Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1162343527","media":"Bloomberg","summary":"In a country where economic inequality has inspiredParasiteandSquid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: Lucia P","content":"<html><head></head><body><p>In a country where economic inequality has inspired <i>Parasite</i> and <i>Squid Game</i>, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c628a928019451a317d0571a52e0552b\" tg-width=\"2210\" tg-height=\"1964\" referrerpolicy=\"no-referrer\"/><span>llustration: Lucia Pham for Bloomberg Businessweek</span></p><p>Park Sunghyun and her husband sold their home in Seoul, moved into a rental apartment with their 7-year-old son, and plowed the family’s $230,000 of savings into shares of <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc.</a></p><p>They’re not alone in betting everything on Elon Musk’s electric-car maker. Throughout the pandemic, individual South Koreans thronged into Tesla stock, increasing their combined holdings more than a hundredfold, to exceed $15 billion. It makes them key stakeholders in one of the largest companies in the world by market value, with a collective share as big as those of Larry Ellison or US money manager T. Rowe Price Group Inc. They tend to be dip buyers who jump in when the stock retreats, helping curb declines.</p><p>But there’s an unhappy undercurrent to such enthusiasm: As South Korea’s wealth gap widens, many of these investors see risky bets on stocks and cryptocurrencies as their only realistic path to financial independence. Tesla is a favorite of retail traders worldwide, but Musk has generated a following in the country with something that approaches cultlike fervor among struggling wage earners. They call themselves Teslams, blending the words “Tesla” and “Islam” to show the strength of their faith in the company. Some sign off on tweets with the word “Temen,” their play on “Tesla” and “amen.”</p><p>Park and her husband—university graduates who landed jobs in the finance sector before marrying and starting a family—hadn’t planned on risking everything on Tesla. Then the already hot property market reached a boiling point when the central bank cut interest rates to a record low after the coronavirus outbreak began in 2020.</p><p><img src=\"https://static.tigerbbs.com/332ec723ed0145f8110751875c90853a\" tg-width=\"694\" tg-height=\"535\" referrerpolicy=\"no-referrer\"/></p><p>The couple had sold their home in late 2019, hoping to buy a bigger one, but were left stranded as prices accelerated beyond their borrowing capacity. The same story has played out in many countries recently, but it’s emblematic of South Korea, where the cost of apartments in the greater Seoul metropolitan area doubled over the past five years, outpacing pay increases by more than 80 percentage points. A typical three-bedroom apartment—the most popular size—costs 1.24 billion won ($924,235) in Seoul on average, according to Kookmin Bank.</p><p>“I thought I would live well by working at a good company after college, but the reality is that we are the poorest in our neighborhood,” says Park, 40, echoing the kind of frustration that helped inspire Netflix Inc.’s Korean drama Squid Game. “Living as a salaried worker, there are so many limitations.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0361d48b4cabfdf6df8321fc7520b2da\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>A driver charges his Tesla Model 3 at a charger station in Suwon.Photographer: SeongJoon Cho/Bloomberg</span></p><p>Red flags abound. There’s Musk’s high-profile disputes with regulators; his on-again, off-again bid for Twitter Inc.; and the volatility it’s caused in Tesla’s share price. But investors such as Park find excitement in the drama. Although Tesla shares have dropped more than 25% from their 2021 high, they’re still up 1,900% over the past three years. That compares with an increase of about 40% for Samsung Electronics Co.—the most widely held stock in the country—and even less for Korea’s Kospi index.</p><p>“With this man, I thought we could go all-in,” says Park, who bought at an average price of $668 a share, well below the close of $870 on Aug. 22. She and her husband see Musk as a visionary who will succeed in continuing to effect change in the auto industry. “He’s doing things that nobody was thinking of before,” she says.</p><p>Individual Koreans held about 1.6% of the company’s equity as of Aug. 17, according to calculations by Bloomberg News based on data from Korea’s central securities depository. That’s more than their combined investments in Alphabet, Apple, Microsoft, and Nvidia, the data show. There are no official figures on the total holdings of US retail traders in Tesla, which is assumed to be larger given the bigger pool of investors in its home market. Giacomo Pierantoni, head of data at Singapore-based Vanda Research, estimates that individuals globally, excluding Musk and Ellison, own about 15% of the company.</p><p>The allure of Tesla is even stronger among people in their 20s and 30s who have fewer assets to start with than couples such as Park and her husband. Younger Koreans see little opportunity to follow their parents into the property market and are increasingly worried about repeating the financial struggles of their grandparents. Despite their lifetime of slogging that transformed the economy into an export powerhouse, elderly Koreans’ poverty rate is the highest among the 38 member countries of the Organization for Economic Cooperation and Development.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00e52e1a3202d8b6f8bc6bfcfff8d397\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>A Tesla store in Seoul.Photographer: SeongJoon Cho/Bloomberg</span></p><p>“I fell into a panic that I might never be able to buy a house,” says Son Gilhun, a 27-year-old forklift driver who lives in Hanam on the southeast outskirts of the capital. “Instead of giving up, I decided to follow my older colleagues in buying stocks.” He gambled heavily on Tesla and amassed a stock portfolio worth about $100,000 during the pandemic by adopting a frugal lifestyle and channeling half his $2,000 monthly paycheck into equities. Son trimmed his Korean holdings and boosted his stake in the carmaker in June when the shares fell below $700. His immediate goal is to buy a Tesla and, if he can make enough money, eventually a house.</p><p>Musk’s recent sale of about 7.92 million shares—to accumulate cash before a trial that could force him to follow through on an agreement to acquire Twitter—has drawn mixed responses from the Teslams. Some vented their disappointment on social media. Others hoped for another dip-buying opportunity, which didn’t materialize. Son was sanguine, describing it as “not so desirable” but understandable given the situation with Twitter. Park was angry at first but is keeping faith with her choice. “Teslams like myself are not changing our investment,” she says. “We are staying firm.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake</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\">\nElon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 23:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a country where economic inequality has inspired Parasite and Squid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162343527","content_text":"In a country where economic inequality has inspired Parasite and Squid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: Lucia Pham for Bloomberg BusinessweekPark Sunghyun and her husband sold their home in Seoul, moved into a rental apartment with their 7-year-old son, and plowed the family’s $230,000 of savings into shares of Tesla Inc.They’re not alone in betting everything on Elon Musk’s electric-car maker. Throughout the pandemic, individual South Koreans thronged into Tesla stock, increasing their combined holdings more than a hundredfold, to exceed $15 billion. It makes them key stakeholders in one of the largest companies in the world by market value, with a collective share as big as those of Larry Ellison or US money manager T. Rowe Price Group Inc. They tend to be dip buyers who jump in when the stock retreats, helping curb declines.But there’s an unhappy undercurrent to such enthusiasm: As South Korea’s wealth gap widens, many of these investors see risky bets on stocks and cryptocurrencies as their only realistic path to financial independence. Tesla is a favorite of retail traders worldwide, but Musk has generated a following in the country with something that approaches cultlike fervor among struggling wage earners. They call themselves Teslams, blending the words “Tesla” and “Islam” to show the strength of their faith in the company. Some sign off on tweets with the word “Temen,” their play on “Tesla” and “amen.”Park and her husband—university graduates who landed jobs in the finance sector before marrying and starting a family—hadn’t planned on risking everything on Tesla. Then the already hot property market reached a boiling point when the central bank cut interest rates to a record low after the coronavirus outbreak began in 2020.The couple had sold their home in late 2019, hoping to buy a bigger one, but were left stranded as prices accelerated beyond their borrowing capacity. The same story has played out in many countries recently, but it’s emblematic of South Korea, where the cost of apartments in the greater Seoul metropolitan area doubled over the past five years, outpacing pay increases by more than 80 percentage points. A typical three-bedroom apartment—the most popular size—costs 1.24 billion won ($924,235) in Seoul on average, according to Kookmin Bank.“I thought I would live well by working at a good company after college, but the reality is that we are the poorest in our neighborhood,” says Park, 40, echoing the kind of frustration that helped inspire Netflix Inc.’s Korean drama Squid Game. “Living as a salaried worker, there are so many limitations.”A driver charges his Tesla Model 3 at a charger station in Suwon.Photographer: SeongJoon Cho/BloombergRed flags abound. There’s Musk’s high-profile disputes with regulators; his on-again, off-again bid for Twitter Inc.; and the volatility it’s caused in Tesla’s share price. But investors such as Park find excitement in the drama. Although Tesla shares have dropped more than 25% from their 2021 high, they’re still up 1,900% over the past three years. That compares with an increase of about 40% for Samsung Electronics Co.—the most widely held stock in the country—and even less for Korea’s Kospi index.“With this man, I thought we could go all-in,” says Park, who bought at an average price of $668 a share, well below the close of $870 on Aug. 22. She and her husband see Musk as a visionary who will succeed in continuing to effect change in the auto industry. “He’s doing things that nobody was thinking of before,” she says.Individual Koreans held about 1.6% of the company’s equity as of Aug. 17, according to calculations by Bloomberg News based on data from Korea’s central securities depository. That’s more than their combined investments in Alphabet, Apple, Microsoft, and Nvidia, the data show. There are no official figures on the total holdings of US retail traders in Tesla, which is assumed to be larger given the bigger pool of investors in its home market. Giacomo Pierantoni, head of data at Singapore-based Vanda Research, estimates that individuals globally, excluding Musk and Ellison, own about 15% of the company.The allure of Tesla is even stronger among people in their 20s and 30s who have fewer assets to start with than couples such as Park and her husband. Younger Koreans see little opportunity to follow their parents into the property market and are increasingly worried about repeating the financial struggles of their grandparents. Despite their lifetime of slogging that transformed the economy into an export powerhouse, elderly Koreans’ poverty rate is the highest among the 38 member countries of the Organization for Economic Cooperation and Development.A Tesla store in Seoul.Photographer: SeongJoon Cho/Bloomberg“I fell into a panic that I might never be able to buy a house,” says Son Gilhun, a 27-year-old forklift driver who lives in Hanam on the southeast outskirts of the capital. “Instead of giving up, I decided to follow my older colleagues in buying stocks.” He gambled heavily on Tesla and amassed a stock portfolio worth about $100,000 during the pandemic by adopting a frugal lifestyle and channeling half his $2,000 monthly paycheck into equities. Son trimmed his Korean holdings and boosted his stake in the carmaker in June when the shares fell below $700. His immediate goal is to buy a Tesla and, if he can make enough money, eventually a house.Musk’s recent sale of about 7.92 million shares—to accumulate cash before a trial that could force him to follow through on an agreement to acquire Twitter—has drawn mixed responses from the Teslams. Some vented their disappointment on social media. Others hoped for another dip-buying opportunity, which didn’t materialize. Son was sanguine, describing it as “not so desirable” but understandable given the situation with Twitter. Park was angry at first but is keeping faith with her choice. “Teslams like myself are not changing our investment,” she says. “We are staying firm.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992439956,"gmtCreate":1661351344978,"gmtModify":1676536501603,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishfly","listText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishfly","text":"$Taiwan Semiconductor Manufacturing(TSM)$BullishBullishBullishfly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992439956","isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996667860,"gmtCreate":1661164446852,"gmtModify":1676536464848,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Short","listText":"Short","text":"Short","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996667860","repostId":"2261958518","repostType":4,"repost":{"id":"2261958518","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":1661182375,"share":"https://ttm.financial/m/news/2261958518?lang=&edition=fundamental","pubTime":"2022-08-22 23:32","market":"us","language":"en","title":"Forecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility","url":"https://stock-news.laohu8.com/highlight/detail?id=2261958518","media":"Reuters","summary":"For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserv","content":"<html><head></head><body><p>For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell&#39;s remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.</p><p>He&#39;d be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.</p><p>&#34;It&#39;s very hard to say with any confidence in normal times ... what the economy&#39;s going to be doing in six or 12 months,&#34; Powell said on July 27 after the end of the Fed&#39;s last policy meeting. &#34;These are not normal times.&#34;</p><p>Powell is scheduled to speak Friday morning at the Kansas City Fed&#39;s annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession&#39;s A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.</p><p>The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.</p><p>With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed&#39;s singular commitment to winning it.</p><p>&#34;What we should hear and are likely to hear next week is push-back&#34; to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would &#34;blink&#34; at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.</p><p>Rather, she said Powell was likely to emphasize that &#34;growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth.&#34;</p><p><b>INFLATION&#39;S BROAD ROOTS</b></p><p>The groundwork has been laid in comments recently from the Fed&#39;s cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like &#34;raise and hold&#34; to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.</p><p>It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.</p><p>The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia&#39;s Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call &#34;revenge spending&#34; by U.S. consumers to make up for lost time since the onset of the virus in early 2020.</p><p>&#34;We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart,&#34; Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. &#34;Historical correlations ... have broken down&#34; among simultaneous &#34;shocks&#34; pulling demand, supply and the economy overall in conflicting directions.</p><p>Getting a read on what&#39;s next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.</p><p>For workers, businesses and investors, that leaves a slim foundation for planning.</p><p><b>RECESSION &#39;COULD HAPPEN&#39;</b></p><p>Powell&#39;s remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world&#39;s most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.</p><p>The Fed&#39;s main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.</p><p>The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.</p><p>Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.</p><p>The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.</p><p>If not, and inflation numbers don&#39;t confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.</p><p>That&#39;s an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn&#39;t the Fed will need to tighten policy further.</p><p>&#34;There&#39;s a path to getting inflation under control, but a recession ... could happen in the process,&#34; Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. &#34;We are out of balance today.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility</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\">\nForecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility\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\">2022-08-22 23:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell&#39;s remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.</p><p>He&#39;d be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.</p><p>&#34;It&#39;s very hard to say with any confidence in normal times ... what the economy&#39;s going to be doing in six or 12 months,&#34; Powell said on July 27 after the end of the Fed&#39;s last policy meeting. &#34;These are not normal times.&#34;</p><p>Powell is scheduled to speak Friday morning at the Kansas City Fed&#39;s annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession&#39;s A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.</p><p>The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.</p><p>With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed&#39;s singular commitment to winning it.</p><p>&#34;What we should hear and are likely to hear next week is push-back&#34; to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would &#34;blink&#34; at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.</p><p>Rather, she said Powell was likely to emphasize that &#34;growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth.&#34;</p><p><b>INFLATION&#39;S BROAD ROOTS</b></p><p>The groundwork has been laid in comments recently from the Fed&#39;s cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like &#34;raise and hold&#34; to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.</p><p>It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.</p><p>The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia&#39;s Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call &#34;revenge spending&#34; by U.S. consumers to make up for lost time since the onset of the virus in early 2020.</p><p>&#34;We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart,&#34; Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. &#34;Historical correlations ... have broken down&#34; among simultaneous &#34;shocks&#34; pulling demand, supply and the economy overall in conflicting directions.</p><p>Getting a read on what&#39;s next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.</p><p>For workers, businesses and investors, that leaves a slim foundation for planning.</p><p><b>RECESSION &#39;COULD HAPPEN&#39;</b></p><p>Powell&#39;s remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world&#39;s most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.</p><p>The Fed&#39;s main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.</p><p>The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.</p><p>Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.</p><p>The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.</p><p>If not, and inflation numbers don&#39;t confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.</p><p>That&#39;s an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn&#39;t the Fed will need to tighten policy further.</p><p>&#34;There&#39;s a path to getting inflation under control, but a recession ... could happen in the process,&#34; Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. &#34;We are out of balance today.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261958518","content_text":"For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell's remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.He'd be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.\"It's very hard to say with any confidence in normal times ... what the economy's going to be doing in six or 12 months,\" Powell said on July 27 after the end of the Fed's last policy meeting. \"These are not normal times.\"Powell is scheduled to speak Friday morning at the Kansas City Fed's annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession's A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed's singular commitment to winning it.\"What we should hear and are likely to hear next week is push-back\" to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would \"blink\" at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.Rather, she said Powell was likely to emphasize that \"growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth.\"INFLATION'S BROAD ROOTSThe groundwork has been laid in comments recently from the Fed's cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like \"raise and hold\" to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia's Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call \"revenge spending\" by U.S. consumers to make up for lost time since the onset of the virus in early 2020.\"We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart,\" Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. \"Historical correlations ... have broken down\" among simultaneous \"shocks\" pulling demand, supply and the economy overall in conflicting directions.Getting a read on what's next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.For workers, businesses and investors, that leaves a slim foundation for planning.RECESSION 'COULD HAPPEN'Powell's remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world's most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.The Fed's main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.If not, and inflation numbers don't confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.That's an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn't the Fed will need to tighten policy further.\"There's a path to getting inflation under control, but a recession ... could happen in the process,\" Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. \"We are out of balance today.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998240903,"gmtCreate":1661011332705,"gmtModify":1676536438967,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishques","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishques","text":"$Apple(AAPL)$BearishBearishBearishBearishques","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998240903","isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9993108724,"gmtCreate":1660637947070,"gmtModify":1676536370210,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishbuy","listText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a><v-v data-views=\"1\"></v-v>BullishBullishBullishbuy","text":"$Taiwan Semiconductor Manufacturing(TSM)$BullishBullishBullishbuy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993108724","isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999454019,"gmtCreate":1660575173033,"gmtModify":1676535589965,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishdrop","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishdrop","text":"$Grab Holdings(GRAB)$BearishBearishBearishBearishdrop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999454019","isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906451776,"gmtCreate":1659580967397,"gmtModify":1705981878766,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906451776","repostId":"2256999219","repostType":4,"repost":{"id":"2256999219","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1659576660,"share":"https://ttm.financial/m/news/2256999219?lang=&edition=fundamental","pubTime":"2022-08-04 09:31","market":"us","language":"en","title":"Why the U.S. Stock Rally Is Starting to a Look like a New Bull Market, According to These Analysts","url":"https://stock-news.laohu8.com/highlight/detail?id=2256999219","media":"Dow Jones","summary":"Gains haven't yet ticked all the bull-market boxesBroader is better when it comes to the stock marke","content":"<html><head></head><body><p><b>Gains haven&#39;t yet ticked all the bull-market boxes</b></p><p>Broader is better when it comes to the stock market rally and some analysts see technical signs that gains may be signaling the end of the 2022 bear market, though it&#39;s too early to say for sure.</p><p>&#34;The risk that the recent advance is merely a bear market rally has not been eliminated. But...the technical improvement up to this point is more akin to a new cyclical bull market than a bear market rally,&#34; said Ed Clissold and Thanh Nguyen of Ned Davis Research, in a Tuesday note.</p><p>Technical analysts pay close attention to various measures of market breadth -- or how many stocks are participating in a move up or down.</p><p>Clissold and Nguyen noted that the rally that followed Federal Reserve Chair Jerome Powell&#39;s July 27 news conference produced a pair of rare &#34;breadth thrust&#34; signals: first, the percentage of stocks hitting 20-day new highs rose above 55% for the first time since June 2020; second, the ratio of 10-day advances to 10-day declines rose to 1.9 for the first time since 2021. The moves came after a 10:1 up day for S&amp;P 500 stocks earlier in July.</p><p><img src=\"https://static.tigerbbs.com/cc602f4b86d96cc57e7d38df0ec969f5\" tg-width=\"523\" tg-height=\"1239\" width=\"100%\" height=\"auto\"/>The S&amp;P 500 through Wednesday’s close had bounced 13.3% from its June 16 low. The S&amp;P 500 rose 1.6% on Wednesday, while the Dow Jones Industrial Average finished with a gain of more than 400 points, or 1.3%.</p><p>Breadth-thrust indicators are designed to be rare, but the growing role of exchange-traded funds, algorithmic trading and other factors have increased their frequency in the last 13 years, the analysts noted. Clissold and Nguyen said they still offer useful signals but require a &#34;trust but verify&#34; approach.</p><p>As for the latest moves, they noted that earlier rallies off the March and May lows triggered two other breadth thrust signals each. &#34;The fact that each of the three indicators that fired in July did not earlier in 2022 is a change worth noting,&#34; the analysts wrote.</p><p>Those earlier rallies, of course, proved to be head fakes. That means the abiding question for investors is whether the recent gains is just another in a series of failed rallies in a cyclical bear market or the early stages of a new bull market, the analysts acknowledged.</p><p>They found that three indicators -- the percentage of stocks at 21-day new highs, percentage of stocks at 63-day new highs, and the percentage of stocks above their 50-day moving averages, are higher than not only bear market rally medians, but the new bull market medians as well.</p><p>Clissold and Nguyen said NDR&#39;s &#34;Big Mo Tape,&#34; a measure of the percentage of subindustries in uptrends, stands in between the bear-rally median and the new bull market median.</p><p>Overall, the current market setup trails the technical improvement that was seen after lows in 2009, 2011 and 2016, but is stronger than the start of several bull markets from the late 1980s through the early 2000s for most breadth measures, they said.</p><p>The Big Mo Tape is the one to watch for additional technical confirmation, the analysts said. A continued climb in coming weeks would see it join other technical gauges in being &#34;clearly more consistent with a cyclical bull than a bear-market rally,&#34; they wrote.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why the U.S. Stock Rally Is Starting to a Look like a New Bull Market, According to These Analysts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy the U.S. Stock Rally Is Starting to a Look like a New Bull Market, According to These Analysts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-04 09:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>Gains haven&#39;t yet ticked all the bull-market boxes</b></p><p>Broader is better when it comes to the stock market rally and some analysts see technical signs that gains may be signaling the end of the 2022 bear market, though it&#39;s too early to say for sure.</p><p>&#34;The risk that the recent advance is merely a bear market rally has not been eliminated. But...the technical improvement up to this point is more akin to a new cyclical bull market than a bear market rally,&#34; said Ed Clissold and Thanh Nguyen of Ned Davis Research, in a Tuesday note.</p><p>Technical analysts pay close attention to various measures of market breadth -- or how many stocks are participating in a move up or down.</p><p>Clissold and Nguyen noted that the rally that followed Federal Reserve Chair Jerome Powell&#39;s July 27 news conference produced a pair of rare &#34;breadth thrust&#34; signals: first, the percentage of stocks hitting 20-day new highs rose above 55% for the first time since June 2020; second, the ratio of 10-day advances to 10-day declines rose to 1.9 for the first time since 2021. The moves came after a 10:1 up day for S&amp;P 500 stocks earlier in July.</p><p><img src=\"https://static.tigerbbs.com/cc602f4b86d96cc57e7d38df0ec969f5\" tg-width=\"523\" tg-height=\"1239\" width=\"100%\" height=\"auto\"/>The S&amp;P 500 through Wednesday’s close had bounced 13.3% from its June 16 low. The S&amp;P 500 rose 1.6% on Wednesday, while the Dow Jones Industrial Average finished with a gain of more than 400 points, or 1.3%.</p><p>Breadth-thrust indicators are designed to be rare, but the growing role of exchange-traded funds, algorithmic trading and other factors have increased their frequency in the last 13 years, the analysts noted. Clissold and Nguyen said they still offer useful signals but require a &#34;trust but verify&#34; approach.</p><p>As for the latest moves, they noted that earlier rallies off the March and May lows triggered two other breadth thrust signals each. &#34;The fact that each of the three indicators that fired in July did not earlier in 2022 is a change worth noting,&#34; the analysts wrote.</p><p>Those earlier rallies, of course, proved to be head fakes. That means the abiding question for investors is whether the recent gains is just another in a series of failed rallies in a cyclical bear market or the early stages of a new bull market, the analysts acknowledged.</p><p>They found that three indicators -- the percentage of stocks at 21-day new highs, percentage of stocks at 63-day new highs, and the percentage of stocks above their 50-day moving averages, are higher than not only bear market rally medians, but the new bull market medians as well.</p><p>Clissold and Nguyen said NDR&#39;s &#34;Big Mo Tape,&#34; a measure of the percentage of subindustries in uptrends, stands in between the bear-rally median and the new bull market median.</p><p>Overall, the current market setup trails the technical improvement that was seen after lows in 2009, 2011 and 2016, but is stronger than the start of several bull markets from the late 1980s through the early 2000s for most breadth measures, they said.</p><p>The Big Mo Tape is the one to watch for additional technical confirmation, the analysts said. A continued climb in coming weeks would see it join other technical gauges in being &#34;clearly more consistent with a cyclical bull than a bear-market rally,&#34; they wrote.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF","BK4581":"高盛持仓",".SPX":"S&P 500 Index","OEF":"标普100指数ETF-iShares","OEX":"标普100","SPY":"标普500ETF","BK4559":"巴菲特持仓","SPXU":"三倍做空标普500ETF","BK4534":"瑞士信贷持仓","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF","BK4550":"红杉资本持仓","BK4504":"桥水持仓","UPRO":"三倍做多标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2256999219","content_text":"Gains haven't yet ticked all the bull-market boxesBroader is better when it comes to the stock market rally and some analysts see technical signs that gains may be signaling the end of the 2022 bear market, though it's too early to say for sure.\"The risk that the recent advance is merely a bear market rally has not been eliminated. But...the technical improvement up to this point is more akin to a new cyclical bull market than a bear market rally,\" said Ed Clissold and Thanh Nguyen of Ned Davis Research, in a Tuesday note.Technical analysts pay close attention to various measures of market breadth -- or how many stocks are participating in a move up or down.Clissold and Nguyen noted that the rally that followed Federal Reserve Chair Jerome Powell's July 27 news conference produced a pair of rare \"breadth thrust\" signals: first, the percentage of stocks hitting 20-day new highs rose above 55% for the first time since June 2020; second, the ratio of 10-day advances to 10-day declines rose to 1.9 for the first time since 2021. The moves came after a 10:1 up day for S&P 500 stocks earlier in July.The S&P 500 through Wednesday’s close had bounced 13.3% from its June 16 low. The S&P 500 rose 1.6% on Wednesday, while the Dow Jones Industrial Average finished with a gain of more than 400 points, or 1.3%.Breadth-thrust indicators are designed to be rare, but the growing role of exchange-traded funds, algorithmic trading and other factors have increased their frequency in the last 13 years, the analysts noted. Clissold and Nguyen said they still offer useful signals but require a \"trust but verify\" approach.As for the latest moves, they noted that earlier rallies off the March and May lows triggered two other breadth thrust signals each. \"The fact that each of the three indicators that fired in July did not earlier in 2022 is a change worth noting,\" the analysts wrote.Those earlier rallies, of course, proved to be head fakes. That means the abiding question for investors is whether the recent gains is just another in a series of failed rallies in a cyclical bear market or the early stages of a new bull market, the analysts acknowledged.They found that three indicators -- the percentage of stocks at 21-day new highs, percentage of stocks at 63-day new highs, and the percentage of stocks above their 50-day moving averages, are higher than not only bear market rally medians, but the new bull market medians as well.Clissold and Nguyen said NDR's \"Big Mo Tape,\" a measure of the percentage of subindustries in uptrends, stands in between the bear-rally median and the new bull market median.Overall, the current market setup trails the technical improvement that was seen after lows in 2009, 2011 and 2016, but is stronger than the start of several bull markets from the late 1980s through the early 2000s for most breadth measures, they said.The Big Mo Tape is the one to watch for additional technical confirmation, the analysts said. A continued climb in coming weeks would see it join other technical gauges in being \"clearly more consistent with a cyclical bull than a bear-market rally,\" they wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042455272,"gmtCreate":1656516747996,"gmtModify":1676535844365,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Don't listen to what he said, see what he did","listText":"Don't listen to what he said, see what he did","text":"Don't listen to what he said, see what he did","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042455272","repostId":"1100517405","repostType":4,"repost":{"id":"1100517405","pubTimestamp":1656512437,"share":"https://ttm.financial/m/news/1100517405?lang=&edition=fundamental","pubTime":"2022-06-29 22:20","market":"us","language":"en","title":"Powell Says US Economy in Strong Shape, Fed Can Avert Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1100517405","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank ca","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.</p><p>He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”</p><p>“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”</p><p>Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.</p><p>He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.</p><p>Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.</p><p>Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.</p><p>Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.</p><p>The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.</p><p>Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell Says US Economy in Strong Shape, Fed Can Avert Recession</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\">\nPowell Says US Economy in Strong Shape, Fed Can Avert Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-29/powell-says-us-economy-in-strong-shape-fed-can-avert-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100517405","content_text":"Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months.He also vowed to ensure rapid price increases don’t become entrenched, saying that “we will not allow a transition from a low inflation environment to a high inflation environment.”“We hope that growth will remain positive,” Powell said during a panel discussion Wednesday during the European Central Bank’s annual policy forum in Sintra, Portugal. Household and business finances are also in solid shape, and “overall the US economy is well positioned to withstand tighter monetary policy.”Raising interest rates without sparking a recession “is our aim and we believe there are pathways to achieve that,” Powell said, reiterating comments he’s made this month after the Fed on June 15 raised interest rates by 75 basis points, the biggest increase in three decades. Powell has signaled that another move of that size -- or a 50 basis-point increase -- will be on the table when they meet again in late July.He reiterated Wednesday that the Fed is raising rates “expeditiously” and aims to move “into restrictive territory fairly quickly,” referring to having borrowing costs at levels that would restrain rather than spur economic growth.Powell and his colleagues have pivoted aggressively to fight the hottest inflation in 40 years amid criticism that they left monetary policy too easy for too long as the economy recovered from Covid-19. They’ve raised rates by 1.5 percentage points this year and officials forecast about 1.75 points of further cumulative tightening in 2022.Powell said financial markets’ pricing for Fed rate-hike expectations is “pretty well aligned with where we’re going,” noting that it’s roughly in line with the forecasts that Fed policy makers issued earlier this month.Asked by panel moderator Francine Lacqua of Bloomberg Television if he’s concerned about the yield curve -- whose partial inversion is seen by some as a possible recession signal -- Powell said it’s “not a top-line worry right now” and that the Fed is focused on bringing down inflation.The shift to higher rates has rocked financial markets as investors fret the Fed could trigger a recession. About a third of economists predict a US recession as likely in the next two years, 21% seeing some time with zero or negative growth likely and the rest looking for the Fed to achieve a soft landing of continuing growth and low inflation, according to asurveyearlier this month.Powell spoke on a panel with ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. All three central bankers are trying to lower inflation, which has become a global problem exacerbated by supply-chain disruptions associated with the Covid-19 pandemic as well as surging food and energy prices in the wake of Russia’s invasion of Ukraine.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9055076094,"gmtCreate":1655221344718,"gmtModify":1676535588178,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Drop","listText":"Drop","text":"Drop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9055076094","repostId":"1118010961","repostType":4,"repost":{"id":"1118010961","pubTimestamp":1655218875,"share":"https://ttm.financial/m/news/1118010961?lang=&edition=fundamental","pubTime":"2022-06-14 23:01","market":"us","language":"en","title":"Tesla: This Split Is Different","url":"https://stock-news.laohu8.com/highlight/detail?id=1118010961","media":"Seeking Alpha","summary":"Finance)Another major item to look at is where Tesla was as a company back then. The","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Company files for a 3 for 1 stock split at the annual meeting.</li><li>Investors looking for a major rally may be disappointed.</li><li>This is a very different Tesla than we saw in 2020.</li></ul><p>After the bell on Friday, electric vehicle maker Tesla (NASDAQ:TSLA) filed its preliminary proxy statement ahead of this year&#39;s annual meeting. As part of the filing, Tesla is looking to increase the number of authorized shares of common stock in an effort to execute a 3 for 1 stock split. With the stock having soared roughly two years ago around a previous stock split, investors may be hoping for large gains again. However, the situation is a lot different this time around.</p><p>Perhaps the most important item to look at here is market cap. When Tesla announced the 5 for 1 split back in August 2020, the closing market cap that day was about $256 billion. As of last Friday&#39;s close, the company was worth about $722 billion and that doesn&#39;t include the nearly 2% rally seen in the after-hours session. A market cap that&#39;s nearly three times what it was for the previous split obviously makes it harder for the stock to rally, because a given level of buying (say $1 billion) doesn&#39;t go as far this time around.</p><p>Also, the stock&#39;s float as a percentage of outstanding shares is about three percentage points higher this year than it was back in the summer of 2020. That means that there&#39;s a little more overall supply, and it&#39;s mostly due to Elon Musk&#39;s share sales from last year and earlier this year. Along the same lines, short interest in Tesla has dropped considerably over the last two years as seen in the chart below.</p><p><img src=\"https://static.tigerbbs.com/126fd9fd7080abb1c2a2e17a77d83a5a\" tg-width=\"640\" tg-height=\"345\" referrerpolicy=\"no-referrer\"/></p><p>Tesla Short Interest (NASDAQ)</p><p>The number of shares short is down almost 54% since Tesla announced its stock split back in 2020. At the same time, the number of outstanding shares is up more than 105 million (on a split-adjusted basis), or 11.2%, while the float is up more than 15% since then. As a result, short interest as a percentage of the float has gone from more than 8% at the end of July 2020 to just 3.2% now. This significantly reduces the chances of a short squeeze happening. Back then, those betting against the stock might have been caught off guard a bit by the 2020 split, thus needing to cover which helped a little bit in the large rally.</p><p>Some investors may also be looking at the entire rally in 2020 and be attributing it to the split. As the chart below shows, Tesla shares did move nicely higher on the split news, but that wasn&#39;t the most important news item of the year. The major rally came later in 2020after Tesla gained inclusion to the S&amp;P 500 Index, which sparked a tremendous amount of buying. As it became more clear throughout the year that Tesla was about to meet the criteria to enter the index, part of the buying that occurred around the split may have been lumped in with S&amp;P inclusion speculation. There is no major catalyst like that this time around.</p><p><img src=\"https://static.tigerbbs.com/39c209a9acc5030c978c15f071e926ae\" tg-width=\"640\" tg-height=\"273\" referrerpolicy=\"no-referrer\"/></p><p>Tesla 2020 Chart (Yahoo! Finance)</p><p>Another major item to look at is where Tesla was as a company back then. The previous stock split was announced just a few weeks after management reported a 5% year over year revenue decline for its Q2 period. With the Fremont factory shut down for a good portion of the quarter and Shanghai in its early Model 3 ramp, Tesla&#39;s results were significantly pressured. While a new round of Covid shutdowns will hurt this year&#39;s Q2, I don&#39;t think even the most bearish person out there thinks we&#39;ll see anywhere close to a 5% year over year revenue decline. Back then, people were worried about businesses just surviving, and Tesla ended up raising $10 billion in capital later that year.</p><p>Another major reason this time is much different is in central bank and fiscal policy. Back in 2020, the Fed was expanding its balance sheet by trillions of dollars and governments were handing out stimulus checks to bolster economies. Today, central banks are now raising rates, like the Fed is expected to do again this week, with quantitative tightening about to start bringing the Fed&#39;s balance sheet down by hundreds of billions of dollars this year. Speculative stocks were skyrocketing back then, and you had firms like Ark Invest with massive inflows increasing their Tesla holdings by the day. Cathie Wood&#39;s firm has lost a significant amount of its net assets since then and its Tesla position has shrunk considerably as seen in the chart below partially due to redemptions but mostly because of allocation selling.</p><p><img src=\"https://static.tigerbbs.com/fec9c42a70c6ce80bf7fd217040b399e\" tg-width=\"640\" tg-height=\"248\" referrerpolicy=\"no-referrer\"/></p><p>Ark Invest Active ETF Tesla Holdings (Ark Invest)</p><p>The final item is one that could be a bit of a wildcard this time around. Elon Musk is trying to acquire Twitter (TWTR), although the pending deal is in question due to how many bots are actually on the social media site. Should Twitter&#39;s board try to force Elon to pay the agreed upon $54.20 price and some of Elon&#39;s backers drop out, he might need to sell millions more of his Tesla shares to finance the acquisition. This issue has provided a bit of an overhang on the EV maker in recent months, and we could be getting much closer to some real fireworks surrounding this major purchase as we get closer to the stock split.</p><p>Tesla is proposing an increase in its authorized share count, so the stock can undergo a 3 for 1 split, but this isn&#39;t the same situation as 2020. The EV maker has a much larger market cap this time around, combined with much lower short interest, and investors don&#39;t have the major S&amp;P 500 inclusion catalyst to help out. The business is also in a much better place than the summer of 2020 when it was reporting revenue declines and in need of a capital infusion. Finally, the overall market is in a completely different spot, going from a time of extremely easy money policy to one where the Fed is tightening things up quickly in an effort to combat high inflation. While Tesla shares might respond positively if a split does occur later this year, investors looking for significant returns again due to this singular catalyst will likely be disappointed.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: This Split Is Different</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: This Split Is Different\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4518154-tesla-tsla-split-is-different><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryCompany files for a 3 for 1 stock split at the annual meeting.Investors looking for a major rally may be disappointed.This is a very different Tesla than we saw in 2020.After the bell on Friday...</p>\n\n<a href=\"https://seekingalpha.com/article/4518154-tesla-tsla-split-is-different\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4518154-tesla-tsla-split-is-different","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118010961","content_text":"SummaryCompany files for a 3 for 1 stock split at the annual meeting.Investors looking for a major rally may be disappointed.This is a very different Tesla than we saw in 2020.After the bell on Friday, electric vehicle maker Tesla (NASDAQ:TSLA) filed its preliminary proxy statement ahead of this year's annual meeting. As part of the filing, Tesla is looking to increase the number of authorized shares of common stock in an effort to execute a 3 for 1 stock split. With the stock having soared roughly two years ago around a previous stock split, investors may be hoping for large gains again. However, the situation is a lot different this time around.Perhaps the most important item to look at here is market cap. When Tesla announced the 5 for 1 split back in August 2020, the closing market cap that day was about $256 billion. As of last Friday's close, the company was worth about $722 billion and that doesn't include the nearly 2% rally seen in the after-hours session. A market cap that's nearly three times what it was for the previous split obviously makes it harder for the stock to rally, because a given level of buying (say $1 billion) doesn't go as far this time around.Also, the stock's float as a percentage of outstanding shares is about three percentage points higher this year than it was back in the summer of 2020. That means that there's a little more overall supply, and it's mostly due to Elon Musk's share sales from last year and earlier this year. Along the same lines, short interest in Tesla has dropped considerably over the last two years as seen in the chart below.Tesla Short Interest (NASDAQ)The number of shares short is down almost 54% since Tesla announced its stock split back in 2020. At the same time, the number of outstanding shares is up more than 105 million (on a split-adjusted basis), or 11.2%, while the float is up more than 15% since then. As a result, short interest as a percentage of the float has gone from more than 8% at the end of July 2020 to just 3.2% now. This significantly reduces the chances of a short squeeze happening. Back then, those betting against the stock might have been caught off guard a bit by the 2020 split, thus needing to cover which helped a little bit in the large rally.Some investors may also be looking at the entire rally in 2020 and be attributing it to the split. As the chart below shows, Tesla shares did move nicely higher on the split news, but that wasn't the most important news item of the year. The major rally came later in 2020after Tesla gained inclusion to the S&P 500 Index, which sparked a tremendous amount of buying. As it became more clear throughout the year that Tesla was about to meet the criteria to enter the index, part of the buying that occurred around the split may have been lumped in with S&P inclusion speculation. There is no major catalyst like that this time around.Tesla 2020 Chart (Yahoo! Finance)Another major item to look at is where Tesla was as a company back then. The previous stock split was announced just a few weeks after management reported a 5% year over year revenue decline for its Q2 period. With the Fremont factory shut down for a good portion of the quarter and Shanghai in its early Model 3 ramp, Tesla's results were significantly pressured. While a new round of Covid shutdowns will hurt this year's Q2, I don't think even the most bearish person out there thinks we'll see anywhere close to a 5% year over year revenue decline. Back then, people were worried about businesses just surviving, and Tesla ended up raising $10 billion in capital later that year.Another major reason this time is much different is in central bank and fiscal policy. Back in 2020, the Fed was expanding its balance sheet by trillions of dollars and governments were handing out stimulus checks to bolster economies. Today, central banks are now raising rates, like the Fed is expected to do again this week, with quantitative tightening about to start bringing the Fed's balance sheet down by hundreds of billions of dollars this year. Speculative stocks were skyrocketing back then, and you had firms like Ark Invest with massive inflows increasing their Tesla holdings by the day. Cathie Wood's firm has lost a significant amount of its net assets since then and its Tesla position has shrunk considerably as seen in the chart below partially due to redemptions but mostly because of allocation selling.Ark Invest Active ETF Tesla Holdings (Ark Invest)The final item is one that could be a bit of a wildcard this time around. Elon Musk is trying to acquire Twitter (TWTR), although the pending deal is in question due to how many bots are actually on the social media site. Should Twitter's board try to force Elon to pay the agreed upon $54.20 price and some of Elon's backers drop out, he might need to sell millions more of his Tesla shares to finance the acquisition. This issue has provided a bit of an overhang on the EV maker in recent months, and we could be getting much closer to some real fireworks surrounding this major purchase as we get closer to the stock split.Tesla is proposing an increase in its authorized share count, so the stock can undergo a 3 for 1 split, but this isn't the same situation as 2020. The EV maker has a much larger market cap this time around, combined with much lower short interest, and investors don't have the major S&P 500 inclusion catalyst to help out. The business is also in a much better place than the summer of 2020 when it was reporting revenue declines and in need of a capital infusion. Finally, the overall market is in a completely different spot, going from a time of extremely easy money policy to one where the Fed is tightening things up quickly in an effort to combat high inflation. While Tesla shares might respond positively if a split does occur later this year, investors looking for significant returns again due to this singular catalyst will likely be disappointed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052325123,"gmtCreate":1655129071462,"gmtModify":1676535566625,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"To the ground","listText":"To the ground","text":"To the ground","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052325123","repostId":"1107560854","repostType":4,"repost":{"id":"1107560854","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1655127161,"share":"https://ttm.financial/m/news/1107560854?lang=&edition=fundamental","pubTime":"2022-06-13 21:32","market":"us","language":"en","title":"Dow Slides 600 Points to Start the Week, S&P 500 Falls Back Into Bear Market Territory","url":"https://stock-news.laohu8.com/highlight/detail?id=1107560854","media":"Tiger Newspress","summary":"U.S. stock futures dropped on Monday morning, putting the S&P 500 on track to fall back into bear ma","content":"<html><head></head><body><p>U.S. stock futures dropped on Monday morning, putting the S&amp;P 500 on track to fall back into bear market territory and possibly to a new low for 2022. A jump in short-term rates drove the negative sentiment as investors still reeling from a hotter-than-expected inflation report on Friday braced for the Federal Reserve to raise rates later in the week.</p><p>S&amp;P 500 futures fell 2.3% after the benchmark closed Friday down 19% from its record high and just about 2.4% above its sell-off low from last month. The S&amp;P 500 briefly traded in a bear market — down 20% from its high — about three weeks ago but failed to close in that territory. The stock market then bounced in late May until the selling returned last week.</p><p>Futures tied to the Dow Jones Industrial Average dropped 600 points, or 1.9% after it posted its worst week since January. Nasdaq 100 futures tumbled 2.9%.</p><p>The short-term 2-year Treasury yield rose by 17 basis points to more than 3.22% Monday, reaching its highest level since 2007as investors bet the Fed may have to get even more aggressive to squash inflation. At one point in the session, the 2-year rate traded above its 10-year counterpart for the first time since April, a so-called yield curve inversion seen as an indicator of a recession.</p><p>The major averages last week posted their biggest weekly declines since late January as investors grew increasingly concerned rising inflation will tip the economy into a recession. The Dow and S&amp;P 500 fell 4.6% and 5.1%, respectively, while the Nasdaq Composite lost 5.6%. A chunk of those losses came Friday, when hotter-than-expected U.S. inflation data spooked investors. The Dow dropped 880 points, or 2.7%. The S&amp;P 500 and Nasdaq lost 2.9% and 3.5%, respectively.</p><p>“The odds of a ‘June Swoon’ straight to 3,400 have gone up significantly, in our view,” wrote Jonathan Krinsky, technical analyst for BTIG. The S&amp;P 500 closed Friday at 3,900.86.</p><p>“We thought a momentum reversion where winners got bought and losers sold would create chop at the index level, but last week is a reminder that the risk continues to be to the downside,” Krinsky added.</p><p>The Bureau of Labor Statistics reported Friday that the U.S. consumer price index rose last month by 8.6% from a year ago, its fastest increase since December 1981. That gain topped economists’ expectations. The so-called core CPI, which strips out food and energy prices, also came in above estimates at 6%.</p><p>On top of that, the preliminary June reading for the University of Michigan’s consumer sentiment index registered at a record low of 50.2.</p><p>Gasoline prices topped $5 a gallon over the weekend, further fanning fears over rising inflation and falling consumer confidence.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Slides 600 Points to Start the Week, S&P 500 Falls Back Into Bear Market Territory</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\">\nDow Slides 600 Points to Start the Week, S&P 500 Falls Back Into Bear Market Territory\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-13 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock futures dropped on Monday morning, putting the S&amp;P 500 on track to fall back into bear market territory and possibly to a new low for 2022. A jump in short-term rates drove the negative sentiment as investors still reeling from a hotter-than-expected inflation report on Friday braced for the Federal Reserve to raise rates later in the week.</p><p>S&amp;P 500 futures fell 2.3% after the benchmark closed Friday down 19% from its record high and just about 2.4% above its sell-off low from last month. The S&amp;P 500 briefly traded in a bear market — down 20% from its high — about three weeks ago but failed to close in that territory. The stock market then bounced in late May until the selling returned last week.</p><p>Futures tied to the Dow Jones Industrial Average dropped 600 points, or 1.9% after it posted its worst week since January. Nasdaq 100 futures tumbled 2.9%.</p><p>The short-term 2-year Treasury yield rose by 17 basis points to more than 3.22% Monday, reaching its highest level since 2007as investors bet the Fed may have to get even more aggressive to squash inflation. At one point in the session, the 2-year rate traded above its 10-year counterpart for the first time since April, a so-called yield curve inversion seen as an indicator of a recession.</p><p>The major averages last week posted their biggest weekly declines since late January as investors grew increasingly concerned rising inflation will tip the economy into a recession. The Dow and S&amp;P 500 fell 4.6% and 5.1%, respectively, while the Nasdaq Composite lost 5.6%. A chunk of those losses came Friday, when hotter-than-expected U.S. inflation data spooked investors. The Dow dropped 880 points, or 2.7%. The S&amp;P 500 and Nasdaq lost 2.9% and 3.5%, respectively.</p><p>“The odds of a ‘June Swoon’ straight to 3,400 have gone up significantly, in our view,” wrote Jonathan Krinsky, technical analyst for BTIG. The S&amp;P 500 closed Friday at 3,900.86.</p><p>“We thought a momentum reversion where winners got bought and losers sold would create chop at the index level, but last week is a reminder that the risk continues to be to the downside,” Krinsky added.</p><p>The Bureau of Labor Statistics reported Friday that the U.S. consumer price index rose last month by 8.6% from a year ago, its fastest increase since December 1981. That gain topped economists’ expectations. The so-called core CPI, which strips out food and energy prices, also came in above estimates at 6%.</p><p>On top of that, the preliminary June reading for the University of Michigan’s consumer sentiment index registered at a record low of 50.2.</p><p>Gasoline prices topped $5 a gallon over the weekend, further fanning fears over rising inflation and falling consumer confidence.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107560854","content_text":"U.S. stock futures dropped on Monday morning, putting the S&P 500 on track to fall back into bear market territory and possibly to a new low for 2022. A jump in short-term rates drove the negative sentiment as investors still reeling from a hotter-than-expected inflation report on Friday braced for the Federal Reserve to raise rates later in the week.S&P 500 futures fell 2.3% after the benchmark closed Friday down 19% from its record high and just about 2.4% above its sell-off low from last month. The S&P 500 briefly traded in a bear market — down 20% from its high — about three weeks ago but failed to close in that territory. The stock market then bounced in late May until the selling returned last week.Futures tied to the Dow Jones Industrial Average dropped 600 points, or 1.9% after it posted its worst week since January. Nasdaq 100 futures tumbled 2.9%.The short-term 2-year Treasury yield rose by 17 basis points to more than 3.22% Monday, reaching its highest level since 2007as investors bet the Fed may have to get even more aggressive to squash inflation. At one point in the session, the 2-year rate traded above its 10-year counterpart for the first time since April, a so-called yield curve inversion seen as an indicator of a recession.The major averages last week posted their biggest weekly declines since late January as investors grew increasingly concerned rising inflation will tip the economy into a recession. The Dow and S&P 500 fell 4.6% and 5.1%, respectively, while the Nasdaq Composite lost 5.6%. A chunk of those losses came Friday, when hotter-than-expected U.S. inflation data spooked investors. The Dow dropped 880 points, or 2.7%. The S&P 500 and Nasdaq lost 2.9% and 3.5%, respectively.“The odds of a ‘June Swoon’ straight to 3,400 have gone up significantly, in our view,” wrote Jonathan Krinsky, technical analyst for BTIG. The S&P 500 closed Friday at 3,900.86.“We thought a momentum reversion where winners got bought and losers sold would create chop at the index level, but last week is a reminder that the risk continues to be to the downside,” Krinsky added.The Bureau of Labor Statistics reported Friday that the U.S. consumer price index rose last month by 8.6% from a year ago, its fastest increase since December 1981. That gain topped economists’ expectations. The so-called core CPI, which strips out food and energy prices, also came in above estimates at 6%.On top of that, the preliminary June reading for the University of Michigan’s consumer sentiment index registered at a record low of 50.2.Gasoline prices topped $5 a gallon over the weekend, further fanning fears over rising inflation and falling consumer confidence.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9084825810,"gmtCreate":1650849001834,"gmtModify":1676534802514,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Wait and see","listText":"Wait and see","text":"Wait and see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084825810","repostId":"2229906851","repostType":4,"repost":{"id":"2229906851","pubTimestamp":1650848820,"share":"https://ttm.financial/m/news/2229906851?lang=&edition=fundamental","pubTime":"2022-04-25 09:07","market":"us","language":"en","title":"Netflix's Implosion Is a Warning for Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2229906851","media":"Motley Fool","summary":"The streamer's stumble is a cautionary tale about competition.","content":"<html><head></head><body><p>As the pioneering company of electric vehicles, <b>Tesla </b>( TSLA ) has no true peer in the stock market.</p><p>But if you&#39;re looking for a stock that&#39;s traveled a similar path to the leading EV-maker, <a href=\"https://laohu8.com/S/AONE.U\">one</a> good analog is <b>Netflix </b>( NFLX ). Yes, the video streamer operates in a different industry from Tesla, but the two companies have a number of things in common.</p><p>Both are disruptors that essentially created and now lead their respective industries, having bet big on new technologies that many thought would fail. For years, both companies were burning cash while critics jeered their business models, but today both Netflix and Tesla are highly profitable.</p><p>As stocks, they also have a number of similarities. Both have been big winners on the market. Netflix has returned 18,000% since its 2002 IPO, while Tesla stock has gained 21,000% since it went public in 2010.</p><p>However, the fortunes of the two stocks have bifurcated in recent months. Tesla delivered another spectacular earnings report last week, featuring 81% revenue growth to $18.8 billion and an operating margin of 19.2%, a level of profitability rarely seen the automotive industry.</p><p>Netflix, on the other hand, has collapsed after the company reported a surprise decline in subscribers in the first quarter and forecast a loss of another 2 million in the current quarter.</p><p>The streaming champ pointed to a number of factors that are suddenly challenging, but one seems to rise above all others: competition.</p><p>For a long time, Netflix had limited competition in the streaming arena, facing mostly just <b>Amazon </b>and Hulu. But over the last few years streaming has gone mainstream, with nearly every major media company entering the fray with services including <b>Disney</b>+, HBOMax, <b>Apple </b>TV+, Peacock, Paramount+, Discovery+, and others. That competition has presented cord-cutters with a smorgasbord of new options, and not surprisingly, that is making it more difficult for Netflix to add new users. Despite the company&#39;s strengths, including a massive library and a broad range of international content, streaming customers seem to like the broad selection they now have.</p><p><img src=\"https://static.tigerbbs.com/7afac42d9a366d342fa563e6d761e30a\" tg-width=\"700\" tg-height=\"262\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Tesla.</p><h2>What it means for Tesla</h2><p>Tesla is still facing relatively little competition in the EV space. Compared to Netflix, it&#39;s probably where the streamer was in 2018 or 2019, but competition is coming. <b>General Motors </b>plans to launch 30 EV models by 2025, while  <b>Ford </b>plans to produce 2 million EVs by 2026, and nearly every major automaker is investing billions in going electric.</p><p>Competition has a tendency to bring down prices and weigh on margins, as Netflix is now experiencing. The streamer had planned to expand its operating margin by 3 percentage points a year, but now says it will maintain operating margin at 20% until it can reaccelerate revenue growth.</p><p>Though Tesla and Netflix have their similarities, the two industries have their own unique competitive dynamics. Much of Netflix&#39;s early competitive advantage stemmed from its distinction as, first, a DVD-by-mail company and then a video streamer, competing with cable and before that video stores. In the streaming business, your brand is only as strong as your latest hit or your current content slate, and the historical lack of competition has helped Netflix&#39;s content budget, now at $18 billion, to become so bloated as it&#39;s sought to maximize its content rather than optimize it.</p><p>Tesla, on the other hand, still enjoys many of the competitive advantages it&#39;s long had, including its reputation for high-performance vehicles and innovation, including features like its over-the-air software updates and autopilot. Its network of superchargers will also be hard for competitors to match, and the company has a head start in EV manufacturing and expertise.</p><p>In other words, manufacturing EVs  at scale is considerably more difficult than launching a streaming service, but Netflix&#39;s implosion nonetheless represents a cautionary tale that Tesla investors should be paying attention to.</p><p>The auto industry is highly competitive and cyclical, and operating margins as high as the 19% that Tesla posted in Q1 are rare. Below are the operating margins of some top automakers over the last decade.</p><p>As you can see, it&#39;s rare for a major carmaker to top a 10% operating margin, even during an era of economic expansion. For Tesla to deliver a 19% operating margin is a testament to the company&#39;s prowess and brand strength, but it also puts an even bigger target on its back as rival carmakers see that as further incentive to invest in EVs.</p><p>There&#39;s another reason to be concerned about Tesla and the rest of EV sector. Valuations still seem bloated even as a number of EV stocks have pulled back in recent months. While Tesla&#39;s valuation be may justified for now at a price-to-earnings ratio of 90 based on this year&#39;s expected earnings, the EV sector includes companies like <b>Rivian </b>and <b>Lucid Group </b>that have barely begun production yet still are valued around roughly $30 billion, or half the value of GM or Ford.</p><p>In other words, The EV sector still looks like it&#39;s in a bubble with huge expectations embedded in the valuations of both pure-play EV companies and some traditional automakers pivoting to EVs. EVs may be moderately more expensive than internal combustion engine vehicles, but there&#39;s little reason to expect a mature EV sector to produce significantly higher profit margins than traditional autos. After all, as competition increases, profits tend to shrink.</p><p>Tesla&#39;s execution has been phenomenal thus far, and it may end up being the exception that proves the rule. But Netflix&#39;s flop is a reminder of how quickly competition can turn a sweet growth story sour.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix's Implosion Is a Warning for Tesla</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\">\nNetflix's Implosion Is a Warning for Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-25 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/24/netflixs-implosion-is-a-warning-for-tesla/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the pioneering company of electric vehicles, Tesla ( TSLA ) has no true peer in the stock market.But if you're looking for a stock that's traveled a similar path to the leading EV-maker, one good ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/24/netflixs-implosion-is-a-warning-for-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","TSLA":"特斯拉","BK4551":"寇图资本持仓","BK4574":"无人驾驶","BK4581":"高盛持仓","BK4099":"汽车制造商","BK4511":"特斯拉概念","QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","BK4548":"巴美列捷福持仓","BK4532":"文艺复兴科技持仓","BK4534":"瑞士信贷持仓","BK4108":"电影和娱乐","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","BK4566":"资本集团","BK4524":"宅经济概念","BK4527":"明星科技股"},"source_url":"https://www.fool.com/investing/2022/04/24/netflixs-implosion-is-a-warning-for-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2229906851","content_text":"As the pioneering company of electric vehicles, Tesla ( TSLA ) has no true peer in the stock market.But if you're looking for a stock that's traveled a similar path to the leading EV-maker, one good analog is Netflix ( NFLX ). Yes, the video streamer operates in a different industry from Tesla, but the two companies have a number of things in common.Both are disruptors that essentially created and now lead their respective industries, having bet big on new technologies that many thought would fail. For years, both companies were burning cash while critics jeered their business models, but today both Netflix and Tesla are highly profitable.As stocks, they also have a number of similarities. Both have been big winners on the market. Netflix has returned 18,000% since its 2002 IPO, while Tesla stock has gained 21,000% since it went public in 2010.However, the fortunes of the two stocks have bifurcated in recent months. Tesla delivered another spectacular earnings report last week, featuring 81% revenue growth to $18.8 billion and an operating margin of 19.2%, a level of profitability rarely seen the automotive industry.Netflix, on the other hand, has collapsed after the company reported a surprise decline in subscribers in the first quarter and forecast a loss of another 2 million in the current quarter.The streaming champ pointed to a number of factors that are suddenly challenging, but one seems to rise above all others: competition.For a long time, Netflix had limited competition in the streaming arena, facing mostly just Amazon and Hulu. But over the last few years streaming has gone mainstream, with nearly every major media company entering the fray with services including Disney+, HBOMax, Apple TV+, Peacock, Paramount+, Discovery+, and others. That competition has presented cord-cutters with a smorgasbord of new options, and not surprisingly, that is making it more difficult for Netflix to add new users. Despite the company's strengths, including a massive library and a broad range of international content, streaming customers seem to like the broad selection they now have.Image source: Tesla.What it means for TeslaTesla is still facing relatively little competition in the EV space. Compared to Netflix, it's probably where the streamer was in 2018 or 2019, but competition is coming. General Motors plans to launch 30 EV models by 2025, while  Ford plans to produce 2 million EVs by 2026, and nearly every major automaker is investing billions in going electric.Competition has a tendency to bring down prices and weigh on margins, as Netflix is now experiencing. The streamer had planned to expand its operating margin by 3 percentage points a year, but now says it will maintain operating margin at 20% until it can reaccelerate revenue growth.Though Tesla and Netflix have their similarities, the two industries have their own unique competitive dynamics. Much of Netflix's early competitive advantage stemmed from its distinction as, first, a DVD-by-mail company and then a video streamer, competing with cable and before that video stores. In the streaming business, your brand is only as strong as your latest hit or your current content slate, and the historical lack of competition has helped Netflix's content budget, now at $18 billion, to become so bloated as it's sought to maximize its content rather than optimize it.Tesla, on the other hand, still enjoys many of the competitive advantages it's long had, including its reputation for high-performance vehicles and innovation, including features like its over-the-air software updates and autopilot. Its network of superchargers will also be hard for competitors to match, and the company has a head start in EV manufacturing and expertise.In other words, manufacturing EVs  at scale is considerably more difficult than launching a streaming service, but Netflix's implosion nonetheless represents a cautionary tale that Tesla investors should be paying attention to.The auto industry is highly competitive and cyclical, and operating margins as high as the 19% that Tesla posted in Q1 are rare. Below are the operating margins of some top automakers over the last decade.As you can see, it's rare for a major carmaker to top a 10% operating margin, even during an era of economic expansion. For Tesla to deliver a 19% operating margin is a testament to the company's prowess and brand strength, but it also puts an even bigger target on its back as rival carmakers see that as further incentive to invest in EVs.There's another reason to be concerned about Tesla and the rest of EV sector. Valuations still seem bloated even as a number of EV stocks have pulled back in recent months. While Tesla's valuation be may justified for now at a price-to-earnings ratio of 90 based on this year's expected earnings, the EV sector includes companies like Rivian and Lucid Group that have barely begun production yet still are valued around roughly $30 billion, or half the value of GM or Ford.In other words, The EV sector still looks like it's in a bubble with huge expectations embedded in the valuations of both pure-play EV companies and some traditional automakers pivoting to EVs. EVs may be moderately more expensive than internal combustion engine vehicles, but there's little reason to expect a mature EV sector to produce significantly higher profit margins than traditional autos. After all, as competition increases, profits tend to shrink.Tesla's execution has been phenomenal thus far, and it may end up being the exception that proves the rule. But Netflix's flop is a reminder of how quickly competition can turn a sweet growth story sour.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9082344874,"gmtCreate":1650530323038,"gmtModify":1676534745639,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082344874","repostId":"1183448680","repostType":4,"repost":{"id":"1183448680","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1650529550,"share":"https://ttm.financial/m/news/1183448680?lang=&edition=fundamental","pubTime":"2022-04-21 16:25","market":"us","language":"en","title":"Boeing Rose Nearly 2% in Premarket Trading as It Expected 787 Dreamliner Deliveries to Restart in H2","url":"https://stock-news.laohu8.com/highlight/detail?id=1183448680","media":"Tiger Newspress","summary":"Boeing rose nearly 2% in premarket trading as it expected 787 Dreamliner deliveries to restart in H2","content":"<html><head></head><body><p>Boeing rose nearly 2% in premarket trading as it expected 787 Dreamliner deliveries to restart in H2.<img src=\"https://static.tigerbbs.com/300308399b832aeb12e74cb7f54f7bfe\" tg-width=\"762\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>The company has told key airlines and parts suppliers that deliveries of its 787 Dreamliner will resume in the second half of this year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boeing Rose Nearly 2% in Premarket Trading as It Expected 787 Dreamliner Deliveries to Restart in H2</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\">\nBoeing Rose Nearly 2% in Premarket Trading as It Expected 787 Dreamliner Deliveries to Restart in H2\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-21 16:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Boeing rose nearly 2% in premarket trading as it expected 787 Dreamliner deliveries to restart in H2.<img src=\"https://static.tigerbbs.com/300308399b832aeb12e74cb7f54f7bfe\" tg-width=\"762\" tg-height=\"567\" width=\"100%\" height=\"auto\"/>The company has told key airlines and parts suppliers that deliveries of its 787 Dreamliner will resume in the second half of this year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183448680","content_text":"Boeing rose nearly 2% in premarket trading as it expected 787 Dreamliner deliveries to restart in H2.The company has told key airlines and parts suppliers that deliveries of its 787 Dreamliner will resume in the second half of this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038955902,"gmtCreate":1646720847982,"gmtModify":1676534155138,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038955902","repostId":"2217412305","repostType":4,"repost":{"id":"2217412305","pubTimestamp":1646698332,"share":"https://ttm.financial/m/news/2217412305?lang=&edition=fundamental","pubTime":"2022-03-08 08:12","market":"us","language":"en","title":"Got $2,000? Buy These 3 Unstoppable Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2217412305","media":"Motley Fool","summary":"All three are leaders in their respective markets and have huge growth opportunities.","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> years from now, March 2022 could look like a great time in retrospect to buy stocks. But let&#39;s not stop there. Look ahead two decades from now. There&#39;s a very good chance that you&#39;ll either be glad you invested &#34;way back when&#34; or will be kicking yourself because you didn&#39;t.</p><p>Of course, which stocks you pick will play a huge role in just how great the prospects might be. And there are some really good choices ready for the plucking even for investors who don&#39;t have a huge amount of cash. If you have $2,000, here are three unstoppable stocks to buy right now.</p><h2>1. Innovative Industrial Properties</h2><p>Cannabis has been used by people for both medical and recreational purposes for a long time. It&#39;s not a current fad that&#39;s going to go up in smoke. One of the best ways to invest in the U.S. cannabis opportunity is to buy shares of <b>Innovative Industrial Properties</b> (NYSE:IIPR).</p><p>The company doesn&#39;t grow, process, sell, or handle cannabis in any shape, form, or fashion. But IIP definitely serves as a go-to resource for many businesses that do. IIP is a real estate investment trust (REIT) that focuses exclusively on providing real estate capital to the regulated cannabis industry in the U.S.</p><p>Cannabis operators in the U.S. don&#39;t currently have full access to traditional banking services because of federal restrictions. IIP gives them a solution to raise capital. It buys the properties of cannabis operators, then leases those properties back to them. Everyone wins.</p><p>Speaking of winning, IIP has delivered total returns of more than 1,200% over the past five years. The stock is down close to 35% below its peak in late 2021. However, there are plenty of opportunities for IIP to buy and lease additional properties. As it does so, the company&#39;s earnings will increase -- and its share price will almost certainly follow.</p><h2>2. <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a></h2><p>Great opportunities don&#39;t just exist in the U.S. Latin America has a fast-growing middle class and a big market. Buying shares of <b>MercadoLibre</b> (NASDAQ:MELI) stands out as arguably the best way for investors to profit as the region&#39;s market expands.</p><p>The company is best known for its e-commerce platform. E-commerce continues to be MercadoLibre&#39;s biggest revenue source, accounting for nearly 65% of total revenue in the fourth quarter of 2021.</p><p>There&#39;s a huge runway for growth, too. Chief financial officer Pedro Arnt said in the company&#39;s fourth-quarter conference call, &#34;Even after the significant uptake in digital services we experienced over the last couple of years, e-commerce penetration in our region is still only at around the 10% range.&#34;</p><p>However, MercadoLibre has other growth drivers as well. Many people in Latin America face challenges obtaining traditional banking and insurance services. This presents a massive growth opportunity for the company&#39;s fintech business.</p><p>MercadoLibre&#39;s share price is still more than 40% off its high even after a solid rebound following its blockbuster fourth-quarter update. This stock should have a lot of room to run.</p><h2>3. Teladoc Health</h2><p>Shares of <b>Teladoc Health</b> (NYSE:TDOC) have plunged nearly 70% over the past 12 months. Some might derisively view the stock as unstoppable -- going the wrong direction. But Teladoc&#39;s recent stock performance doesn&#39;t reflect the company&#39;s tremendous potential.</p><p>It stands as the clear leader in the virtual-care market. It offers the broadest range of virtual-care services, including chronic-disease management, across the widest geographical footprint. More than 12,000 client organizations and 76 million members use at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Teladoc&#39;s products.</p><p>The company has two key ways to grow. First, it can expand the use of its services by existing customers. Teladoc thinks that there&#39;s a $75 billion revenue opportunity on this front. Second, the company can win new clients. This is also a big opportunity since nearly half of all Americans don&#39;t currently have access to a Teladoc service.</p><p>Teladoc isn&#39;t profitable yet. But its bottom line is definitely trending in the right direction. With a total addressable market topping $260 billion in the U.S. alone and a market cap of only $11 billion, Teladoc stock could be one of those that in retrospect a few years from now looks like a no-brainer pick.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Got $2,000? Buy These 3 Unstoppable Stocks</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\">\nGot $2,000? Buy These 3 Unstoppable Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-08 08:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/07/got-2000-buy-these-3-unstoppable-stocks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two years from now, March 2022 could look like a great time in retrospect to buy stocks. But let's not stop there. Look ahead two decades from now. There's a very good chance that you'll either be ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/07/got-2000-buy-these-3-unstoppable-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4171":"工业房地产投资信托","BK4504":"桥水持仓","BK4566":"资本集团","TDOC":"Teladoc Health Inc.","QNETCN":"纳斯达克中美互联网老虎指数","REIT":"ALPS Active REIT ETF","BK4122":"互联网与直销零售","BK4548":"巴美列捷福持仓","MELI":"MercadoLibre","BK4167":"医疗保健技术","IIPR":"Innovative Industrial Properties Inc","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","BK4581":"高盛持仓"},"source_url":"https://www.fool.com/investing/2022/03/07/got-2000-buy-these-3-unstoppable-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2217412305","content_text":"Two years from now, March 2022 could look like a great time in retrospect to buy stocks. But let's not stop there. Look ahead two decades from now. There's a very good chance that you'll either be glad you invested \"way back when\" or will be kicking yourself because you didn't.Of course, which stocks you pick will play a huge role in just how great the prospects might be. And there are some really good choices ready for the plucking even for investors who don't have a huge amount of cash. If you have $2,000, here are three unstoppable stocks to buy right now.1. Innovative Industrial PropertiesCannabis has been used by people for both medical and recreational purposes for a long time. It's not a current fad that's going to go up in smoke. One of the best ways to invest in the U.S. cannabis opportunity is to buy shares of Innovative Industrial Properties (NYSE:IIPR).The company doesn't grow, process, sell, or handle cannabis in any shape, form, or fashion. But IIP definitely serves as a go-to resource for many businesses that do. IIP is a real estate investment trust (REIT) that focuses exclusively on providing real estate capital to the regulated cannabis industry in the U.S.Cannabis operators in the U.S. don't currently have full access to traditional banking services because of federal restrictions. IIP gives them a solution to raise capital. It buys the properties of cannabis operators, then leases those properties back to them. Everyone wins.Speaking of winning, IIP has delivered total returns of more than 1,200% over the past five years. The stock is down close to 35% below its peak in late 2021. However, there are plenty of opportunities for IIP to buy and lease additional properties. As it does so, the company's earnings will increase -- and its share price will almost certainly follow.2. MercadoLibreGreat opportunities don't just exist in the U.S. Latin America has a fast-growing middle class and a big market. Buying shares of MercadoLibre (NASDAQ:MELI) stands out as arguably the best way for investors to profit as the region's market expands.The company is best known for its e-commerce platform. E-commerce continues to be MercadoLibre's biggest revenue source, accounting for nearly 65% of total revenue in the fourth quarter of 2021.There's a huge runway for growth, too. Chief financial officer Pedro Arnt said in the company's fourth-quarter conference call, \"Even after the significant uptake in digital services we experienced over the last couple of years, e-commerce penetration in our region is still only at around the 10% range.\"However, MercadoLibre has other growth drivers as well. Many people in Latin America face challenges obtaining traditional banking and insurance services. This presents a massive growth opportunity for the company's fintech business.MercadoLibre's share price is still more than 40% off its high even after a solid rebound following its blockbuster fourth-quarter update. This stock should have a lot of room to run.3. Teladoc HealthShares of Teladoc Health (NYSE:TDOC) have plunged nearly 70% over the past 12 months. Some might derisively view the stock as unstoppable -- going the wrong direction. But Teladoc's recent stock performance doesn't reflect the company's tremendous potential.It stands as the clear leader in the virtual-care market. It offers the broadest range of virtual-care services, including chronic-disease management, across the widest geographical footprint. More than 12,000 client organizations and 76 million members use at least one of Teladoc's products.The company has two key ways to grow. First, it can expand the use of its services by existing customers. Teladoc thinks that there's a $75 billion revenue opportunity on this front. Second, the company can win new clients. This is also a big opportunity since nearly half of all Americans don't currently have access to a Teladoc service.Teladoc isn't profitable yet. But its bottom line is definitely trending in the right direction. With a total addressable market topping $260 billion in the U.S. alone and a market cap of only $11 billion, Teladoc stock could be one of those that in retrospect a few years from now looks like a no-brainer pick.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9097432547,"gmtCreate":1645525719072,"gmtModify":1676534035920,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097432547","repostId":"1156868694","repostType":4,"repost":{"id":"1156868694","pubTimestamp":1645447174,"share":"https://ttm.financial/m/news/1156868694?lang=&edition=fundamental","pubTime":"2022-02-21 20:39","market":"us","language":"en","title":"3 Top Tech Stocks That Will Make You Rich by Retirement","url":"https://stock-news.laohu8.com/highlight/detail?id=1156868694","media":"Motley Fool","summary":"KEY POINTSMicrosoft can ride cloud computing growth for decades.ASML enables advanced computing, and","content":"<html><head></head><body><p>KEY POINTS</p><ul><li><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> can ride cloud computing growth for decades.</li><li><a href=\"https://laohu8.com/S/ASML\">ASML</a> enables advanced computing, and there is no alternative to its EUV tools.</li><li><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike</a> is a leader in cybersecurity that benefits from strong network effects.</li></ul><p>These stocks have compelling competitive advantages and growth prospects. If you have more than 10 years until retirement, they look like promising bets after the recent tech wreck.</p><p>Today&#39;s high inflation is a good reminder that your savings need to grow just to keep your purchasing power intact. The best way to do that may be growth stocks and dividend growth stocks, which, after the recent tech sell-off, are now trading at much better valuations.</p><p>Times of market turmoil are uncomfortable, but usually the best time for long-term investors to put money to work. Here are three growth stars with competitive advantages, giving them staying power and a path to making today&#39;s investors rich decades out into the future.</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></p><p>Microsoft would make an excellent core holding for both aggressive and defensive investors. Its legacy operating system is an entrenched part of most personal computers in the world, and its software franchises including the Office productivity suite and Dynamics enterprise resource planning suite are cash cows that are growing at a solid pace. Meanwhile, Microsoft&#39;s solid number two position in cloud computing has given it a rising growth star, with the Azure cloud platform growing 46% last quarter. The company has also been making thoughtful acquisitions over the past few years under CEO Satya Nadella, into social media with LinkedIn, developer tools with GitHub, and video games, with acquisitions of several game studios culminating in a recent offer to buy Activision Blizzard.</p><p>Microsoft&#39;s sprawling empire thus has a nice combo of cash cows, growth stars, and emerging products and services, compounding your investment dollars at very high returns on invested capital. Add in a growing 0.9% dividend and consistent share repurchases, and investors get a bit of everything, including cash returns and impressive growth.</p><p>Microsoft might not look cheap at 31 times earnings, but when you consider it has a higher credit rating than the U.S. government, and that the 30-year U.S. Treasury bond only yields 2.25% today, Microsoft&#39;s 3.3% earnings yield looks pretty good. That&#39;s especially true since those earnings are still growing over 20% per year despite the company&#39;s huge size.</p><p><a href=\"https://laohu8.com/S/ASML\">ASML Holdings</a></p><p>You may have heard that we are in a semiconductor shortage, due to the boom in digitization coming out of the pandemic. The importance of chips and chip-making has never been more at the forefront, as evidenced by developing nations set to give billions in subsidies to chip companies just to keep some capacity on their own shores. Yet due to the wider tech sell-off, the semiconductor index is down about 14% to start the year.</p><p>The sell-off has been especially bad for higher-multiple chip stocks like ASML Holdings, which is down 18.6% for the year and 27.4% from all-time highs set back last summer. Still, ASML deserves a high multiple, given that it has a monopoly on extreme ultraviolet lithography (EUV) -- a key technology to producing leading-edge chips.</p><p>EUV tools only began to be used a few years ago for leading-edge logic chips, and all the major DRAM memory companies are now beginning to use EUV on current and future nodes. So, we are still in the early innings of EUV usage.</p><p>Although ASML projects solid 25% shipment growth this year, its growth is still severely constrained by supply chain and logistics problems. On the last conference call with analysts, CEO Peter Wennink said for many of its tools, shipments were 40% below current demand.</p><p>Amid interest rate fears, ASML has now rerated to a more palatable 40 times trailing earnings. But like Microsoft, it offers a compelling combination of cash returns in the form of buybacks and a growing 1% dividend, along with inevitable earnings growth well into the future. It&#39;s another quality stock to buy amid this year&#39;s sell-off and tuck away for decades.</p><p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike</a></p><p>Unlike the previous two stocks, cybersecurity disruptor CrowdStrike doesn&#39;t pay a dividend or buy back stock... at least not yet. However, when looking out five or 10 years, that could very well be a possibility.</p><p>CrowdStrike takes its name from its business model. The company amalgamates threat data from endpoints across all its customers into a single, centralized threat graph that gets smarter from that data. A company that gets stronger as it gains more customers benefits from what&#39;s called a network effect, which is a powerful advantage that gives a company excellent staying power.</p><p>Fortunately for CrowdStrike but unfortunately for the rest of us, cyber-threats are only proliferating. The Biden Administration recently issued stricter new guidelines for large businesses and government agencies to update their cyber systems, meaning more and more companies will now be compelled to buy best-in-class solutions like CrowdStrike&#39;s.</p><p>CrowdStrike is also investing aggressively to capitalize on that opportunity, both internally and through several acquisitions to augment its core endpoint protection offering into a comprehensive cyber platform. Management anticipates its addressable market could more than double over the next three years to $116 billion, if it succeeds in bringing new products to market.</p><p>CrowdStrike has also given an indication it could one day be quite profitable. The company&#39;s current free cash flow margin is 32%. While investors should be aware that leaves out significant stock-based compensation, the company doesn&#39;t seem to have pressing cash needs, and stock-based comp should diminish as a percentage of revenue over time as CrowdStrike scales.</p><p>Looking out a decade or more, CrowdStrike looks like a long-term winner. It still trades at a lofty 30 times sales, but it&#39;s down 43% from its November highs amid the growth-stock sell-off. Now may be a time for long-term investors to look at this leader in the high-growth cybersecurity industry.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top Tech Stocks That Will Make You Rich by Retirement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top Tech Stocks That Will Make You Rich by Retirement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-21 20:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/21/3-top-tech-stocks-that-will-make-you-rich-by-retir/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSMicrosoft can ride cloud computing growth for decades.ASML enables advanced computing, and there is no alternative to its EUV tools.CrowdStrike is a leader in cybersecurity that benefits ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/21/3-top-tech-stocks-that-will-make-you-rich-by-retir/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc.","MSFT":"微软","ASML":"阿斯麦"},"source_url":"https://www.fool.com/investing/2022/02/21/3-top-tech-stocks-that-will-make-you-rich-by-retir/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156868694","content_text":"KEY POINTSMicrosoft can ride cloud computing growth for decades.ASML enables advanced computing, and there is no alternative to its EUV tools.CrowdStrike is a leader in cybersecurity that benefits from strong network effects.These stocks have compelling competitive advantages and growth prospects. If you have more than 10 years until retirement, they look like promising bets after the recent tech wreck.Today's high inflation is a good reminder that your savings need to grow just to keep your purchasing power intact. The best way to do that may be growth stocks and dividend growth stocks, which, after the recent tech sell-off, are now trading at much better valuations.Times of market turmoil are uncomfortable, but usually the best time for long-term investors to put money to work. Here are three growth stars with competitive advantages, giving them staying power and a path to making today's investors rich decades out into the future.MicrosoftMicrosoft would make an excellent core holding for both aggressive and defensive investors. Its legacy operating system is an entrenched part of most personal computers in the world, and its software franchises including the Office productivity suite and Dynamics enterprise resource planning suite are cash cows that are growing at a solid pace. Meanwhile, Microsoft's solid number two position in cloud computing has given it a rising growth star, with the Azure cloud platform growing 46% last quarter. The company has also been making thoughtful acquisitions over the past few years under CEO Satya Nadella, into social media with LinkedIn, developer tools with GitHub, and video games, with acquisitions of several game studios culminating in a recent offer to buy Activision Blizzard.Microsoft's sprawling empire thus has a nice combo of cash cows, growth stars, and emerging products and services, compounding your investment dollars at very high returns on invested capital. Add in a growing 0.9% dividend and consistent share repurchases, and investors get a bit of everything, including cash returns and impressive growth.Microsoft might not look cheap at 31 times earnings, but when you consider it has a higher credit rating than the U.S. government, and that the 30-year U.S. Treasury bond only yields 2.25% today, Microsoft's 3.3% earnings yield looks pretty good. That's especially true since those earnings are still growing over 20% per year despite the company's huge size.ASML HoldingsYou may have heard that we are in a semiconductor shortage, due to the boom in digitization coming out of the pandemic. The importance of chips and chip-making has never been more at the forefront, as evidenced by developing nations set to give billions in subsidies to chip companies just to keep some capacity on their own shores. Yet due to the wider tech sell-off, the semiconductor index is down about 14% to start the year.The sell-off has been especially bad for higher-multiple chip stocks like ASML Holdings, which is down 18.6% for the year and 27.4% from all-time highs set back last summer. Still, ASML deserves a high multiple, given that it has a monopoly on extreme ultraviolet lithography (EUV) -- a key technology to producing leading-edge chips.EUV tools only began to be used a few years ago for leading-edge logic chips, and all the major DRAM memory companies are now beginning to use EUV on current and future nodes. So, we are still in the early innings of EUV usage.Although ASML projects solid 25% shipment growth this year, its growth is still severely constrained by supply chain and logistics problems. On the last conference call with analysts, CEO Peter Wennink said for many of its tools, shipments were 40% below current demand.Amid interest rate fears, ASML has now rerated to a more palatable 40 times trailing earnings. But like Microsoft, it offers a compelling combination of cash returns in the form of buybacks and a growing 1% dividend, along with inevitable earnings growth well into the future. It's another quality stock to buy amid this year's sell-off and tuck away for decades.CrowdStrikeUnlike the previous two stocks, cybersecurity disruptor CrowdStrike doesn't pay a dividend or buy back stock... at least not yet. However, when looking out five or 10 years, that could very well be a possibility.CrowdStrike takes its name from its business model. The company amalgamates threat data from endpoints across all its customers into a single, centralized threat graph that gets smarter from that data. A company that gets stronger as it gains more customers benefits from what's called a network effect, which is a powerful advantage that gives a company excellent staying power.Fortunately for CrowdStrike but unfortunately for the rest of us, cyber-threats are only proliferating. The Biden Administration recently issued stricter new guidelines for large businesses and government agencies to update their cyber systems, meaning more and more companies will now be compelled to buy best-in-class solutions like CrowdStrike's.CrowdStrike is also investing aggressively to capitalize on that opportunity, both internally and through several acquisitions to augment its core endpoint protection offering into a comprehensive cyber platform. Management anticipates its addressable market could more than double over the next three years to $116 billion, if it succeeds in bringing new products to market.CrowdStrike has also given an indication it could one day be quite profitable. The company's current free cash flow margin is 32%. While investors should be aware that leaves out significant stock-based compensation, the company doesn't seem to have pressing cash needs, and stock-based comp should diminish as a percentage of revenue over time as CrowdStrike scales.Looking out a decade or more, CrowdStrike looks like a long-term winner. It still trades at a lofty 30 times sales, but it's down 43% from its November highs amid the growth-stock sell-off. Now may be a time for long-term investors to look at this leader in the high-growth cybersecurity industry.","news_type":1},"isVote":1,"tweetType":1,"viewCount":537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094153684,"gmtCreate":1645093166692,"gmtModify":1676533996174,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Keep buying","listText":"Keep buying","text":"Keep buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094153684","repostId":"1169734540","repostType":4,"repost":{"id":"1169734540","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1645088887,"share":"https://ttm.financial/m/news/1169734540?lang=&edition=fundamental","pubTime":"2022-02-17 17:08","market":"us","language":"en","title":"Nvidia Shares Fell Nearly 4% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1169734540","media":"Tiger Newspress","summary":"Nvidia shares fell nearly 4% in premarket trading.Nvidia Corp., which walked away from a $40 billion","content":"<html><head></head><body><p>Nvidia shares fell nearly 4% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/d5ec31bc1c134802f356f0902978ce6e\" tg-width=\"717\" tg-height=\"635\" referrerpolicy=\"no-referrer\"/>Nvidia Corp., which walked away from a $40 billion acquisition of Arm Ltd. earlier this month, failed to impress investors with its latest forecast, a sign of the lofty expectations for the most valuable U.S. chipmaker.</p><p>Though the company topped Wall Street estimates with its latest quarterly results Wednesday -- and projected strong growth for the current period.</p><p>In the “weird world” of Nvidia, investors’ expectations are always different than the consensus estimate, Vital Knowledge analyst Adam Crisafulli said in a note. Investors may have been looking for more upside, but within the next day or so, they’ll probably come back to the realization that Nvidia has “some of the best fundamental prospects in tech,” he said.</p><p>There were some weak spots last quarter. Sales of Nvidia’s auto chips were lower than projected. And its adjusted gross margin came in at 67% -- shy of the 67.1% analysts estimated and below what some chipmakers have reported recently. Analog Devices Inc. had a margin of 72% when it delivered its quarterly results earlier Wednesday.</p><p>Supply constraints also are weighing on Nvidia’s data-center chip business, but the situation is improving, Huang said in a conference call with analysts.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Shares Fell Nearly 4% in Premarket Trading</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\">\nNvidia Shares Fell Nearly 4% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-17 17:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nvidia shares fell nearly 4% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/d5ec31bc1c134802f356f0902978ce6e\" tg-width=\"717\" tg-height=\"635\" referrerpolicy=\"no-referrer\"/>Nvidia Corp., which walked away from a $40 billion acquisition of Arm Ltd. earlier this month, failed to impress investors with its latest forecast, a sign of the lofty expectations for the most valuable U.S. chipmaker.</p><p>Though the company topped Wall Street estimates with its latest quarterly results Wednesday -- and projected strong growth for the current period.</p><p>In the “weird world” of Nvidia, investors’ expectations are always different than the consensus estimate, Vital Knowledge analyst Adam Crisafulli said in a note. Investors may have been looking for more upside, but within the next day or so, they’ll probably come back to the realization that Nvidia has “some of the best fundamental prospects in tech,” he said.</p><p>There were some weak spots last quarter. Sales of Nvidia’s auto chips were lower than projected. And its adjusted gross margin came in at 67% -- shy of the 67.1% analysts estimated and below what some chipmakers have reported recently. Analog Devices Inc. had a margin of 72% when it delivered its quarterly results earlier Wednesday.</p><p>Supply constraints also are weighing on Nvidia’s data-center chip business, but the situation is improving, Huang said in a conference call with analysts.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169734540","content_text":"Nvidia shares fell nearly 4% in premarket trading.Nvidia Corp., which walked away from a $40 billion acquisition of Arm Ltd. earlier this month, failed to impress investors with its latest forecast, a sign of the lofty expectations for the most valuable U.S. chipmaker.Though the company topped Wall Street estimates with its latest quarterly results Wednesday -- and projected strong growth for the current period.In the “weird world” of Nvidia, investors’ expectations are always different than the consensus estimate, Vital Knowledge analyst Adam Crisafulli said in a note. Investors may have been looking for more upside, but within the next day or so, they’ll probably come back to the realization that Nvidia has “some of the best fundamental prospects in tech,” he said.There were some weak spots last quarter. Sales of Nvidia’s auto chips were lower than projected. And its adjusted gross margin came in at 67% -- shy of the 67.1% analysts estimated and below what some chipmakers have reported recently. Analog Devices Inc. had a margin of 72% when it delivered its quarterly results earlier Wednesday.Supply constraints also are weighing on Nvidia’s data-center chip business, but the situation is improving, Huang said in a conference call with analysts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004731059,"gmtCreate":1642688332315,"gmtModify":1676533735576,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004731059","repostId":"1112957739","repostType":4,"repost":{"id":"1112957739","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1642683948,"share":"https://ttm.financial/m/news/1112957739?lang=&edition=fundamental","pubTime":"2022-01-20 21:05","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1112957739","media":"Tiger Newspress","summary":"U.S. stock futures rose on Thursday on a string of strong earnings led by American Airlines and insu","content":"<html><head></head><body><p>U.S. stock futures rose on Thursday on a string of strong earnings led by American Airlines and insurer Travelers, a day after the tech-heavy Nasdaq plunged into correction territory.</p><p>At 8:00 a.m. ET, Dow E-minis were up 112 points, or 0.32%, S&amp;P 500 E-minis were up 16.5 points, or 0.36% and Nasdaq 100 E-minis were up 103.25 points, or 0.69%.</p><p><img src=\"https://static.tigerbbs.com/79da4e77d35d86b4305fc46a83f48407\" tg-width=\"1080\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/>Investors will also be watching jobless claims data for cues on the Federal Reserve&#39;s policy meeting next week after data earlier this month showed U.S. consumer prices reached the highest in four decades.</p><p>Bets of a more hawkish Fed have weighed on Wall Street this month, with the Nasdaq confirming it was in a correction on Wednesday as investors continued to dump technology stocks.</p><p>Recovering somewhat from the selloff, megacap growth companies including Microsoft Corp(MSFT), Alphabet Inc(GOOGL), Amazon , Tesla Inc(TSLA), Meta Platforms Inc(FB) rose 1.6% in premarket trading.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><a href=\"https://laohu8.com/S/TRV\">Travelers</a> – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue also beating analyst forecasts. Travelers benefited from stronger results in investment income and underwriting, and its stock added 2.5% in the premarket.</p><p><a href=\"https://laohu8.com/S/AAL\">American Airlines</a> – American gained 1.3% in premarket trading after it reported a quarterly loss of $1.42 per share, 6 cents narrower than anticipated. The airline also reported better-than-expected revenue as American’s results were helped by strong holiday demand.</p><p><a href=\"https://laohu8.com/S/SIG\">Signet Jewelers</a> – The jewelry retailer saw its stock surge 5.9% in the premarket after it said total holiday season sales rose 30.4% and same-store sales jumped 25.2%.</p><p><a href=\"https://laohu8.com/S/UAL\">United Airlines</a> – United Airlines lost $1.60 per share for the fourth quarter, narrower than the $2.11 loss that analysts were anticipating. Revenue topped forecasts, and United said the spread of the omicron Covid-19 variant hurt short-term bookings, yet it expects that negative impact to be temporary. United fell 1.4% in premarket trading.</p><p><a href=\"https://laohu8.com/S/F\">Ford</a> – Ford lost 2% in the premarket after Jefferies downgraded the automaker’s stock to “hold” from “buy.” Jefferies said the optimism over Ford’s electric vehicle plans drove the stock higher than was justified and left very little potential upside.</p><p><a href=\"https://laohu8.com/S/RF\">Regions Financial</a> – The bank’s stock tumbled 4.9% in premarket trading after it reported lower-than-expected quarterly earnings, with revenue matching analyst estimates.</p><p><a href=\"https://laohu8.com/S/EA\">Electronic Arts</a> – Electronic Arts could be the next attractive target in the gaming sector followingMicrosoft’s (MSFT) deal to buyActivision Blizzard(ATVI), according to a column in today’s Financial Times. Electronic Arts rose 1% in the premarket.</p><p><a href=\"https://laohu8.com/S/DFS\">Discover Financial Services</a> – Discover reported a quarterly profit of $3.64 per share, 5 cents below estimates, with revenue also falling short of analyst forecasts. The stock fell 3% in premarket action.</p><p><a href=\"https://laohu8.com/S/AA\">Alcoa</a> – Alcoa reported adjusted quarterly earnings of $2.50 per share, beating the $1.90 consensus estimate, with revenue essentially in line with expectations. Alcoa benefited from rising aluminum prices, and its stock added 1.9% in the premarket.</p><p><a href=\"https://laohu8.com/S/CSPR\">Casper Sleep</a> – Casper Sleep surged 12.9% in premarket trading after shareholders approved a deal to take the mattress company private. The transaction is expected to be completed next week.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-20 21:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock futures rose on Thursday on a string of strong earnings led by American Airlines and insurer Travelers, a day after the tech-heavy Nasdaq plunged into correction territory.</p><p>At 8:00 a.m. ET, Dow E-minis were up 112 points, or 0.32%, S&amp;P 500 E-minis were up 16.5 points, or 0.36% and Nasdaq 100 E-minis were up 103.25 points, or 0.69%.</p><p><img src=\"https://static.tigerbbs.com/79da4e77d35d86b4305fc46a83f48407\" tg-width=\"1080\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/>Investors will also be watching jobless claims data for cues on the Federal Reserve&#39;s policy meeting next week after data earlier this month showed U.S. consumer prices reached the highest in four decades.</p><p>Bets of a more hawkish Fed have weighed on Wall Street this month, with the Nasdaq confirming it was in a correction on Wednesday as investors continued to dump technology stocks.</p><p>Recovering somewhat from the selloff, megacap growth companies including Microsoft Corp(MSFT), Alphabet Inc(GOOGL), Amazon , Tesla Inc(TSLA), Meta Platforms Inc(FB) rose 1.6% in premarket trading.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><a href=\"https://laohu8.com/S/TRV\">Travelers</a> – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue also beating analyst forecasts. Travelers benefited from stronger results in investment income and underwriting, and its stock added 2.5% in the premarket.</p><p><a href=\"https://laohu8.com/S/AAL\">American Airlines</a> – American gained 1.3% in premarket trading after it reported a quarterly loss of $1.42 per share, 6 cents narrower than anticipated. The airline also reported better-than-expected revenue as American’s results were helped by strong holiday demand.</p><p><a href=\"https://laohu8.com/S/SIG\">Signet Jewelers</a> – The jewelry retailer saw its stock surge 5.9% in the premarket after it said total holiday season sales rose 30.4% and same-store sales jumped 25.2%.</p><p><a href=\"https://laohu8.com/S/UAL\">United Airlines</a> – United Airlines lost $1.60 per share for the fourth quarter, narrower than the $2.11 loss that analysts were anticipating. Revenue topped forecasts, and United said the spread of the omicron Covid-19 variant hurt short-term bookings, yet it expects that negative impact to be temporary. United fell 1.4% in premarket trading.</p><p><a href=\"https://laohu8.com/S/F\">Ford</a> – Ford lost 2% in the premarket after Jefferies downgraded the automaker’s stock to “hold” from “buy.” Jefferies said the optimism over Ford’s electric vehicle plans drove the stock higher than was justified and left very little potential upside.</p><p><a href=\"https://laohu8.com/S/RF\">Regions Financial</a> – The bank’s stock tumbled 4.9% in premarket trading after it reported lower-than-expected quarterly earnings, with revenue matching analyst estimates.</p><p><a href=\"https://laohu8.com/S/EA\">Electronic Arts</a> – Electronic Arts could be the next attractive target in the gaming sector followingMicrosoft’s (MSFT) deal to buyActivision Blizzard(ATVI), according to a column in today’s Financial Times. Electronic Arts rose 1% in the premarket.</p><p><a href=\"https://laohu8.com/S/DFS\">Discover Financial Services</a> – Discover reported a quarterly profit of $3.64 per share, 5 cents below estimates, with revenue also falling short of analyst forecasts. The stock fell 3% in premarket action.</p><p><a href=\"https://laohu8.com/S/AA\">Alcoa</a> – Alcoa reported adjusted quarterly earnings of $2.50 per share, beating the $1.90 consensus estimate, with revenue essentially in line with expectations. Alcoa benefited from rising aluminum prices, and its stock added 1.9% in the premarket.</p><p><a href=\"https://laohu8.com/S/CSPR\">Casper Sleep</a> – Casper Sleep surged 12.9% in premarket trading after shareholders approved a deal to take the mattress company private. The transaction is expected to be completed next week.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DFS":"发现金融","TRV":"旅行者财产险集团","F":"福特汽车","RF":"地区金融","SIG":"西格内特珠宝","AA":"美国铝业",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","UAL":"联合大陆航空","AAL":"美国航空"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112957739","content_text":"U.S. stock futures rose on Thursday on a string of strong earnings led by American Airlines and insurer Travelers, a day after the tech-heavy Nasdaq plunged into correction territory.At 8:00 a.m. ET, Dow E-minis were up 112 points, or 0.32%, S&P 500 E-minis were up 16.5 points, or 0.36% and Nasdaq 100 E-minis were up 103.25 points, or 0.69%.Investors will also be watching jobless claims data for cues on the Federal Reserve's policy meeting next week after data earlier this month showed U.S. consumer prices reached the highest in four decades.Bets of a more hawkish Fed have weighed on Wall Street this month, with the Nasdaq confirming it was in a correction on Wednesday as investors continued to dump technology stocks.Recovering somewhat from the selloff, megacap growth companies including Microsoft Corp(MSFT), Alphabet Inc(GOOGL), Amazon , Tesla Inc(TSLA), Meta Platforms Inc(FB) rose 1.6% in premarket trading.Stocks making the biggest moves in the premarket:Travelers – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue also beating analyst forecasts. Travelers benefited from stronger results in investment income and underwriting, and its stock added 2.5% in the premarket.American Airlines – American gained 1.3% in premarket trading after it reported a quarterly loss of $1.42 per share, 6 cents narrower than anticipated. The airline also reported better-than-expected revenue as American’s results were helped by strong holiday demand.Signet Jewelers – The jewelry retailer saw its stock surge 5.9% in the premarket after it said total holiday season sales rose 30.4% and same-store sales jumped 25.2%.United Airlines – United Airlines lost $1.60 per share for the fourth quarter, narrower than the $2.11 loss that analysts were anticipating. Revenue topped forecasts, and United said the spread of the omicron Covid-19 variant hurt short-term bookings, yet it expects that negative impact to be temporary. United fell 1.4% in premarket trading.Ford – Ford lost 2% in the premarket after Jefferies downgraded the automaker’s stock to “hold” from “buy.” Jefferies said the optimism over Ford’s electric vehicle plans drove the stock higher than was justified and left very little potential upside.Regions Financial – The bank’s stock tumbled 4.9% in premarket trading after it reported lower-than-expected quarterly earnings, with revenue matching analyst estimates.Electronic Arts – Electronic Arts could be the next attractive target in the gaming sector followingMicrosoft’s (MSFT) deal to buyActivision Blizzard(ATVI), according to a column in today’s Financial Times. Electronic Arts rose 1% in the premarket.Discover Financial Services – Discover reported a quarterly profit of $3.64 per share, 5 cents below estimates, with revenue also falling short of analyst forecasts. The stock fell 3% in premarket action.Alcoa – Alcoa reported adjusted quarterly earnings of $2.50 per share, beating the $1.90 consensus estimate, with revenue essentially in line with expectations. Alcoa benefited from rising aluminum prices, and its stock added 1.9% in the premarket.Casper Sleep – Casper Sleep surged 12.9% in premarket trading after shareholders approved a deal to take the mattress company private. The transaction is expected to be completed next week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":811209557,"gmtCreate":1630323490779,"gmtModify":1676530268237,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Keep buying&nbsp;","listText":"Keep buying&nbsp;","text":"Keep buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/811209557","repostId":"2163776380","repostType":4,"repost":{"id":"2163776380","pubTimestamp":1630268536,"share":"https://ttm.financial/m/news/2163776380?lang=&edition=fundamental","pubTime":"2021-08-30 04:22","market":"other","language":"en","title":"August jobs report, Consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2163776380","media":"Yahoo Finance","summary":"New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the summer.The Labor Department's August jobs report will be the marquee economic report out this week. Consensus economists expect to see that a still-robust 750,000 jobs came back in August, according to Bloomberg data. This would represent a significant print by pre-pandemic standards, but still mark a d","content":"<p>New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the summer.</p>\n<p>The Labor Department's August jobs report will be the marquee economic report out this week. Consensus economists expect to see that a still-robust 750,000 jobs came back in August, according to Bloomberg data. This would represent a significant print by pre-pandemic standards, but still mark a deceleration from July's increase of 943,000 jobs. The unemployment rate likely improved further, reaching 5.2% from the 5.4% reported during July.</p>\n<p>The August jobs report is set to be an especially telling report, capturing the impact of the latest surge in coronavirus cases on the U.S. labor market. Other recent economic reports already began to reflect the Delta variant impacts on activity: Job creation in the U.S. services sector slowed by the most since February, while manufacturing sector workforce numbers increased by the least since last year, according to IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a>'s latest purchasing managers' index reports.</p>\n<p>\"High frequency labor market data are signaling a marked slowdown in employment activity in the August payroll survey week, suggesting downside risk to our forecast,\" Bank of America economist Michelle Meyer wrote in a note on Friday, adding that she expects non-farm payrolls to grow by just 600,000 for August.</p>\n<p>\"Our below-consensus non-farm payrolls forecast is predicated on the markedly weaker high frequency employment data between the July and August payroll survey periods,\" Meyer added. \"Specifically, the Homebase and UKG employment series were both down 3.4% and 2.4%, respectively, over the month.\"</p>\n<p>The outcome of the August jobs report will also be another closely watched data point informing the Federal Reserve's next moves on monetary policy, signaling whether the labor market has recovered enough to warrant a less accommodative tilt. Namely, many Fed officials have been waiting to see the evolution of the labor market recovery to determine the timing for the central bank to announce tapering of its $120 billion per month asset purchase program.</p>\n<p>Last week, Federal Reserve Chair Jerome Powell said during the central bank's virtual Jackson Hole symposium that there has \"been clear progress toward maximum employment\" and suggested \"it could be appropriate to start reducing the pace of asset purchases this year\" if the recovery continues to improve.</p>\n<p>However, he also flagged the ongoing risks introduced by the Delta variant, and added that an \"ill-time policy move\" could knock the recovery off its trajectory.</p>\n<p><img src=\"https://static.tigerbbs.com/67ac641337acd82a0408b6109dad21f9\" tg-width=\"5505\" tg-height=\"3655\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">NEW YORK, NEW YORK - MAY 27: People walk near Little Island park on May 27, 2021 in New York City. On May 19, all pandemic restrictions, including mask mandates, social distancing guidelines, venue capacities and restaurant curfews were lifted by New York Governor Andrew Cuomo. (Photo by Noam Galai/Getty Images)Noam Galai via Getty Images</p>\n<p>\"Given the emphasis that Powell and other FOMC members have placed on incoming data — especially on the labor market — the payrolls report will probably take on even greater importance than usual,\" Jonas Goltermann, senior markets economist for Capital Economics, wrote in a note on Friday. \"We expect another robust increase in U.S. employment,\"</p>\n<p>Other data in Friday's jobs report will include average hourly wage changes. These are expected to grow 0.3% over last month and 4.0% over last year, with these paces remaining roughly unchanged compared to July. The increases are set to come as job growth slows across lower-wage roles after an initial reopening surge in hiring in the spring and early summer, and as worker shortages push up compensation costs across many firms.</p>\n<h3>Consumer confidence</h3>\n<p>Other economic data due for release this week will reflect consumers' assessments of the recovery.</p>\n<p>The Conference Board's consumer confidence index is set for release on Tuesday, with a drop baked into the forecast. Consensus economists expect the index to slip to 123.0 for August, down from 129.1 in July, according to Bloomberg data. July's print had been the highest since February 2020, marking a rebound in confidence back to pre-pandemic levels.</p>\n<p>The Conference Board's labor differential, or difference between those who said jobs are \"plentiful\" less those who said jobs were \"hard to get,\" also increased to the most since 2000 in last month's report, pointing to the abundance of job openings as employers seek out workers to meet rising demand.</p>\n<p>Consumer confidence and sentiment indices have been monitored closely this year as a gauge of the outlook among Americans at large, pointing to consumers' propensity to spend and presaging demand trends for goods, services and labor down the line. The data have been bumpy in recent months, however, and have ebbed and flowed largely in line with COVID-19 infection trends.</p>\n<p>The latest surge in the Delta variant catalyzed a collapse in the University of Michigan's Surveys of Consumers index for August, suggesting the Conference Board's measure might also see a similar dip for the month. The University of Michigan's consumer sentiment index slid to a 10-year low in August, plunging to 70.3 from July's 81.2.</p>\n<p>\"Consumers' extreme reactions were due to the surging Delta variant, higher inflation, slower wage growth, and smaller declines in unemployment,\" Richard Curtin, Surveys of Consumers chief economist, wrote in a press statement. \"The extraordinary falloff in sentiment also reflects an emotional response, from dashed hopes that the pandemic would soon end and lives could return to normal.\"</p>\n<h3>Economic calendar</h3>\n<ul>\n <li><p><b>Monday: </b>Pending home sales, month-over-month, July (0.4% expected, -1.9% in June); Dallas Fed Manufacturing Activity index, August (23.0 expected, 27.3 in July)</p></li>\n <li><p><b>Tuesday: </b>FHFA Home Price index, month-over-month, June (1.9% expected, 1.7% in May); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City index, month-over-month, June (1.87% expected, 1.81% in May); S&amp;P CoreLogic Case-Shiller 20-City index, year-over-year, June (18.60% expected, 16.99% in May); MNI Chicago PMI, August (68.0 expected, 73.4 in July); Conference Board Consumer Confidence, August (123.4 expected, 129.1 in July)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended August 27 (1.6% during prior week); ADP employment change, August (650,000 expected, 330,000 in July); Markit U.S. Manufacturing PMI, August final (61.2 expected, 61.2 in prior print); Construction spending, month-over-month (0.2% expected, 0.1% in June); ISM Manufacturing index, August (58.5 expected, 59.5 in July)</p></li>\n <li><p><b>Thursday: </b>Challenger Job Cuts, year-over-year, August (-92.8% in July); Initial jobless claims, week ended August 28 (346,000 expected, 353,000 during prior week); Continuing claims, week ended August 21 (2.862 million during prior week); Unit labor costs, 2Q final (1.0% expected, 1.0% in prior print); Trade balance, July (-$74.1 billion expected, -$75.7 billion in June); Factory orders, July (0.3% expected, 1.5% in June); Durable goods orders, July final (-0.1% in prior print); Non-defense capital goods orders, excluding aircraft, July final (0.0% in prior print); Non-defense capital goods shipments, July final (1.0% in prior print)</p></li>\n <li><p><b>Friday: </b>Change in non-farm payrolls, August (750,000 expected, 943,000 in July); Change in manufacturing payrolls, August (700,000 expected, 703,000 in July); Unemployment rate, August (5.2% expected, 5.4% in July); Average hourly earnings, month-over-month, August (0.3% expected, 0.4% in July); Average hourly earnings, year-over-year, August (3.9% expected, 4.0% in July); Markit U.S. services PMI, August final (55.2 expected, 55.2 in prior print); Markit U.S. composite PMI, August final (55.4 in prior print); ISM Services Index, August (62.0 expected, 64.1 in July)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications (ZM) after market close</p></li>\n <li><p><b>Tuesday: </b>Crowdstrike (CRWD) after market close</p></li>\n <li><p><b>Wednesday: </b>Campbell Soup (CPB) before market open; Okta (OKTA), Chewy (CHWY), C3.ai (AI), Asana (ASAN) after market close</p></li>\n <li><p><b>Thursday: </b>American Eagle Outfitters (AEO) before market open; Broadcom (AVGO), DocuSign (DOCU), MongoDB (MDB) after market close</p></li>\n <li><p><b>Friday:</b><i> </i>No notable reports scheduled for release</p></li>\n</ul>","source":"yahoofinance_au","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>August jobs report, Consumer confidence: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAugust jobs report, Consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 04:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/august-jobs-report-consumer-confidence-what-to-know-this-week-202216254.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/august-jobs-report-consumer-confidence-what-to-know-this-week-202216254.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/650fad7fca15e203aa26611c0dfb8d62","relate_stocks":{"XRT":"零售指数ETF-SPDR标普","TGT":"塔吉特","WMT":"沃尔玛","SPY.AU":"SPDR® S&P 500® ETF Trust"},"source_url":"https://finance.yahoo.com/news/august-jobs-report-consumer-confidence-what-to-know-this-week-202216254.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163776380","content_text":"New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the summer.\nThe Labor Department's August jobs report will be the marquee economic report out this week. Consensus economists expect to see that a still-robust 750,000 jobs came back in August, according to Bloomberg data. This would represent a significant print by pre-pandemic standards, but still mark a deceleration from July's increase of 943,000 jobs. The unemployment rate likely improved further, reaching 5.2% from the 5.4% reported during July.\nThe August jobs report is set to be an especially telling report, capturing the impact of the latest surge in coronavirus cases on the U.S. labor market. Other recent economic reports already began to reflect the Delta variant impacts on activity: Job creation in the U.S. services sector slowed by the most since February, while manufacturing sector workforce numbers increased by the least since last year, according to IHS Markit's latest purchasing managers' index reports.\n\"High frequency labor market data are signaling a marked slowdown in employment activity in the August payroll survey week, suggesting downside risk to our forecast,\" Bank of America economist Michelle Meyer wrote in a note on Friday, adding that she expects non-farm payrolls to grow by just 600,000 for August.\n\"Our below-consensus non-farm payrolls forecast is predicated on the markedly weaker high frequency employment data between the July and August payroll survey periods,\" Meyer added. \"Specifically, the Homebase and UKG employment series were both down 3.4% and 2.4%, respectively, over the month.\"\nThe outcome of the August jobs report will also be another closely watched data point informing the Federal Reserve's next moves on monetary policy, signaling whether the labor market has recovered enough to warrant a less accommodative tilt. Namely, many Fed officials have been waiting to see the evolution of the labor market recovery to determine the timing for the central bank to announce tapering of its $120 billion per month asset purchase program.\nLast week, Federal Reserve Chair Jerome Powell said during the central bank's virtual Jackson Hole symposium that there has \"been clear progress toward maximum employment\" and suggested \"it could be appropriate to start reducing the pace of asset purchases this year\" if the recovery continues to improve.\nHowever, he also flagged the ongoing risks introduced by the Delta variant, and added that an \"ill-time policy move\" could knock the recovery off its trajectory.\nNEW YORK, NEW YORK - MAY 27: People walk near Little Island park on May 27, 2021 in New York City. On May 19, all pandemic restrictions, including mask mandates, social distancing guidelines, venue capacities and restaurant curfews were lifted by New York Governor Andrew Cuomo. (Photo by Noam Galai/Getty Images)Noam Galai via Getty Images\n\"Given the emphasis that Powell and other FOMC members have placed on incoming data — especially on the labor market — the payrolls report will probably take on even greater importance than usual,\" Jonas Goltermann, senior markets economist for Capital Economics, wrote in a note on Friday. \"We expect another robust increase in U.S. employment,\"\nOther data in Friday's jobs report will include average hourly wage changes. These are expected to grow 0.3% over last month and 4.0% over last year, with these paces remaining roughly unchanged compared to July. The increases are set to come as job growth slows across lower-wage roles after an initial reopening surge in hiring in the spring and early summer, and as worker shortages push up compensation costs across many firms.\nConsumer confidence\nOther economic data due for release this week will reflect consumers' assessments of the recovery.\nThe Conference Board's consumer confidence index is set for release on Tuesday, with a drop baked into the forecast. Consensus economists expect the index to slip to 123.0 for August, down from 129.1 in July, according to Bloomberg data. July's print had been the highest since February 2020, marking a rebound in confidence back to pre-pandemic levels.\nThe Conference Board's labor differential, or difference between those who said jobs are \"plentiful\" less those who said jobs were \"hard to get,\" also increased to the most since 2000 in last month's report, pointing to the abundance of job openings as employers seek out workers to meet rising demand.\nConsumer confidence and sentiment indices have been monitored closely this year as a gauge of the outlook among Americans at large, pointing to consumers' propensity to spend and presaging demand trends for goods, services and labor down the line. The data have been bumpy in recent months, however, and have ebbed and flowed largely in line with COVID-19 infection trends.\nThe latest surge in the Delta variant catalyzed a collapse in the University of Michigan's Surveys of Consumers index for August, suggesting the Conference Board's measure might also see a similar dip for the month. The University of Michigan's consumer sentiment index slid to a 10-year low in August, plunging to 70.3 from July's 81.2.\n\"Consumers' extreme reactions were due to the surging Delta variant, higher inflation, slower wage growth, and smaller declines in unemployment,\" Richard Curtin, Surveys of Consumers chief economist, wrote in a press statement. \"The extraordinary falloff in sentiment also reflects an emotional response, from dashed hopes that the pandemic would soon end and lives could return to normal.\"\nEconomic calendar\n\nMonday: Pending home sales, month-over-month, July (0.4% expected, -1.9% in June); Dallas Fed Manufacturing Activity index, August (23.0 expected, 27.3 in July)\nTuesday: FHFA Home Price index, month-over-month, June (1.9% expected, 1.7% in May); S&P CoreLogic Case-Shiller 20-City index, month-over-month, June (1.87% expected, 1.81% in May); S&P CoreLogic Case-Shiller 20-City index, year-over-year, June (18.60% expected, 16.99% in May); MNI Chicago PMI, August (68.0 expected, 73.4 in July); Conference Board Consumer Confidence, August (123.4 expected, 129.1 in July)\nWednesday: MBA Mortgage Applications, week ended August 27 (1.6% during prior week); ADP employment change, August (650,000 expected, 330,000 in July); Markit U.S. Manufacturing PMI, August final (61.2 expected, 61.2 in prior print); Construction spending, month-over-month (0.2% expected, 0.1% in June); ISM Manufacturing index, August (58.5 expected, 59.5 in July)\nThursday: Challenger Job Cuts, year-over-year, August (-92.8% in July); Initial jobless claims, week ended August 28 (346,000 expected, 353,000 during prior week); Continuing claims, week ended August 21 (2.862 million during prior week); Unit labor costs, 2Q final (1.0% expected, 1.0% in prior print); Trade balance, July (-$74.1 billion expected, -$75.7 billion in June); Factory orders, July (0.3% expected, 1.5% in June); Durable goods orders, July final (-0.1% in prior print); Non-defense capital goods orders, excluding aircraft, July final (0.0% in prior print); Non-defense capital goods shipments, July final (1.0% in prior print)\nFriday: Change in non-farm payrolls, August (750,000 expected, 943,000 in July); Change in manufacturing payrolls, August (700,000 expected, 703,000 in July); Unemployment rate, August (5.2% expected, 5.4% in July); Average hourly earnings, month-over-month, August (0.3% expected, 0.4% in July); Average hourly earnings, year-over-year, August (3.9% expected, 4.0% in July); Markit U.S. services PMI, August final (55.2 expected, 55.2 in prior print); Markit U.S. composite PMI, August final (55.4 in prior print); ISM Services Index, August (62.0 expected, 64.1 in July)\n\nEarnings calendar\n\nMonday: Zoom Video Communications (ZM) after market close\nTuesday: Crowdstrike (CRWD) after market close\nWednesday: Campbell Soup (CPB) before market open; Okta (OKTA), Chewy (CHWY), C3.ai (AI), Asana (ASAN) after market close\nThursday: American Eagle Outfitters (AEO) before market open; Broadcom (AVGO), DocuSign (DOCU), MongoDB (MDB) after market close\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348299587,"gmtCreate":1617930299949,"gmtModify":1704704917036,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Comeback is real","listText":"Comeback is real","text":"Comeback is real","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/348299587","repostId":"1124766875","repostType":4,"repost":{"id":"1124766875","pubTimestamp":1617927562,"share":"https://ttm.financial/m/news/1124766875?lang=&edition=fundamental","pubTime":"2021-04-09 08:19","market":"us","language":"en","title":"Nokia’s mobile brand launches $415 smartphone with 5G as it struggles to take on Samsung and Apple","url":"https://stock-news.laohu8.com/highlight/detail?id=1124766875","media":"cnbc","summary":"KEY POINTS\n\nHMD Global, the company behind the Nokia mobile brand, refreshed its smartphone lineup o","content":"<div>\n<p>KEY POINTS\n\nHMD Global, the company behind the Nokia mobile brand, refreshed its smartphone lineup on Thursday with a slew of new budget models.\nThe Nokia X20 is the standout device of all six, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/08/hmd-global-launches-new-nokia-smartphones-with-5g-budget-prices.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nokia’s mobile brand launches $415 smartphone with 5G as it struggles to take on Samsung and Apple</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\">\nNokia’s mobile brand launches $415 smartphone with 5G as it struggles to take on Samsung and Apple\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 08:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/08/hmd-global-launches-new-nokia-smartphones-with-5g-budget-prices.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nHMD Global, the company behind the Nokia mobile brand, refreshed its smartphone lineup on Thursday with a slew of new budget models.\nThe Nokia X20 is the standout device of all six, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/08/hmd-global-launches-new-nokia-smartphones-with-5g-budget-prices.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NOK":"诺基亚"},"source_url":"https://www.cnbc.com/2021/04/08/hmd-global-launches-new-nokia-smartphones-with-5g-budget-prices.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1124766875","content_text":"KEY POINTS\n\nHMD Global, the company behind the Nokia mobile brand, refreshed its smartphone lineup on Thursday with a slew of new budget models.\nThe Nokia X20 is the standout device of all six, retailing at 349 euros ($415) and coming with a quad-lens camera on the back.\nNokia has struggled to gain significant traction in the smartphone market due to fierce competition from the likes of Apple and Samsung.\n\nLONDON — The company behind theNokiamobile brand refreshed its smartphone lineup on Thursday with a slew of new budget models, as it struggles to compete with established players likeSamsungandApple.\nFinnish start-up HMD Global has held the license to design and sell Nokia handsets since itbought the telecom group’s mobile phone divisionfrom Microsoft in 2016. The firm has since released several smartphones and “dumb phones” — including revamped versions of nostalgic devices like the 8110 “banana phone” and2720 flip phone.\nOn Thursday, the company announced six new smartphones. They’re divided into three different series: X, which is at the top of the range in terms of pricing and specs; G, which is slightly more affordable than X; and C, which is the cheapest of the bunch. Prices start at 75 euros ($89) for the Nokia C10, while the Nokia X20 is the standout device of all six, retailing at 349 euros, or about $415.\nWith the X20 you get a 6.67-inch screen, four cameras on the back with a 64-megapixel main lens, and the ability to connect to superfast 5G internet. The X20 and less expensive X10, priced at 309 euros, are both powered byQualcomm’s Snapdragon 480 5G chipset, run on Google’s Android operating system and come with three years of security updates, as well as a three-year warranty — one year more than that offered by the G and C series.\nThe X20 also has a “dual sight” feature that lets you use two of the phone’s cameras at the same time to capture different angles from a shot.\nIt won’t include a charger in the box for sustainability reasons, arriving with a fully compostable case instead. The phone will ship in Europe next month, while U.S. availability is yet to be revealed.\nFierce competition\nNokia has struggled to gain significant traction in the smartphone market, due to fierce competition from Apple, Samsung and Chinese players like Huawei and Xiaomi. This is an issue that’s dogged manufacturers like Sony and LG. The latter, once a top Android brand, said earlier this week it wouldquit the smartphone market.\n“I think it will continue to be very hard for (Nokia) to be able to compete in the highest portfolios on the market — that’s why they are now targeting lower price bands,” Francisco Jeronimo, associate vice president for European devices at market research firm IDC, told CNBC.\n“On the other hand, they have been working quite hard to penetrate the B2B (business-to-business) market, which is a very good opportunity for them because there are not many players that offer an appealing portfolio.”\nNokia-branded smartphones accounted for just 0.6% of the market last year, according to IDC data, shipping fewer handsets than LG and China’s Honor. HMD has, however, performed well in feature phones — also known as “dumb phones” — commanding a 16% share of that market in 2020.\nHMD is hoping to branch out into enterprise sales and new services to find other sources of income. The company, which isfinancially backedby Nokia, Google and other big investors, launched a SIM card with global data roaming called HMD Connect last year. It managed to break even after prioritizing online sales in thecoronavirus pandemic.\nHMD is also launching a new mobile network in the U.K. called HMD Mobile. It will operate as a mobile virtual network operator, or MVNO, meaning it has to rely on another telecom firm’s network infrastructure. Bundles will start from £6.50 ($9) per month. It won’t launch with 5G right off the bat but the firm said it’s working on making the service “5G ready.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817866987,"gmtCreate":1630932478649,"gmtModify":1676530423352,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"To keep stable supply&nbsp;","listText":"To keep stable supply&nbsp;","text":"To keep stable supply","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/817866987","repostId":"1121396906","repostType":4,"isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818553307,"gmtCreate":1630421021309,"gmtModify":1676530299618,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"10k is not a dream","listText":"10k is not a dream","text":"10k is not a dream","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818553307","repostId":"2163185185","repostType":4,"repost":{"id":"2163185185","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1630419960,"share":"https://ttm.financial/m/news/2163185185?lang=&edition=fundamental","pubTime":"2021-08-31 22:26","market":"us","language":"en","title":"The S&P 500 is headed for 5,000, says UBS. Here's the when and how.","url":"https://stock-news.laohu8.com/highlight/detail?id=2163185185","media":"Dow Jones","summary":"On the last trading day of August, stock futures are pointing higher as markets look past downbeat e","content":"<p>On the last trading day of August, stock futures are pointing higher as markets look past downbeat economic news from China and continued COVID-19 contagion worries. It's all part of a relentless march higher for stocks that barely paused this summer.</p>\n<p>\"The S&amp;P 500 has posted at least 1 new closing high every week since the week of June 7, 2021, 13 weeks in a row. August 2021 has posted 12 new closing highs in the 21 trading days, with <a href=\"https://laohu8.com/S/AONE.U\">one</a> day left to go,\" noted Howard Silverblatt, senior index analyst at S&amp;P Dow Jones Indices.</p>\n<p>\"Year-to-date the index has posted 53 new closing highs, and is tied for the 4 highest in index history (from 1926),\" added Silverblatt, who added that even if the market seems wacky, \"if you're not in it, you're nuts, and most likely out of a job (keep your finger on the button).\"</p>\n<p>Our call of the day from UBS's chief investment officer Mark Haefele, sees the S&amp;P 500 is on a solid path to another big milestone -- 5,000. That's his end-2022 goal, while the bank sees the index reaching 4,600 by the end of this year.</p>\n<p>\"The S&amp;P 500 has broken above 4,500 for the first time, taking gains for 2021 to over 20%. This might seem surprising given the recent run of negative news, including disappointing U.S. consumer data and a continual rise in COVID-19 infections. But we believe that the momentum toward reopening and recovery is intact and that there is further upside to equities,\" Haefele told clients in a note.</p>\n<p>He rattles off a list of supportive factors, including a fifth-straight quarter of robust results with more than 85% of companies beating second-quarter earnings and sales estimates; aggregate corporate profits up nearly 90% from year-ago levels; earnings nearly 30% higher than pre-pandemic levels; and revenue growth so robust it's overwhelming cost pressures.</p>\n<p>\"We believe cost pressures for businesses should subside as supply begins to catch up. In addition, consumers' balance sheets are at their strongest in decades due to the significant buildup in household savings over the past year, and retailers will continue to restock to keep up with demand,\" said Haefele.</p>\n<p>Show us the stocks? \"With the economic recovery broadening, we expect cyclical sectors, including energy and financials, to take the lead,\" he added.</p>\n<p><b>The chart</b></p>\n<p>Thomas Lee, founder of Fundstrat Global Advisors, notes that history is on the side of a strong September when markets see an equally upbeat first half.</p>\n<p>That's even as investors worry about \"overbought\" markets due for a pullback and stats showing September returns since 1928 have been down about 0.1%. In a note to clients, Lee counters that seasonality factors change when a first half is strong -- the first six months of 2021 saw a more than 13% gain, the 10th best since 1928.</p>\n<p>That should mean a stronger September than expected and an intact \"everything rally.\" Here's his chart:</p>\n<p><img src=\"https://static.tigerbbs.com/7ee49b4bca8dd1180df5c66c2370394f\" tg-width=\"700\" tg-height=\"486\" referrerpolicy=\"no-referrer\"></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>The S&P 500 is headed for 5,000, says UBS. Here's the when and how.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe S&P 500 is headed for 5,000, says UBS. Here's the when and how.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-31 22:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>On the last trading day of August, stock futures are pointing higher as markets look past downbeat economic news from China and continued COVID-19 contagion worries. It's all part of a relentless march higher for stocks that barely paused this summer.</p>\n<p>\"The S&amp;P 500 has posted at least 1 new closing high every week since the week of June 7, 2021, 13 weeks in a row. August 2021 has posted 12 new closing highs in the 21 trading days, with <a href=\"https://laohu8.com/S/AONE.U\">one</a> day left to go,\" noted Howard Silverblatt, senior index analyst at S&amp;P Dow Jones Indices.</p>\n<p>\"Year-to-date the index has posted 53 new closing highs, and is tied for the 4 highest in index history (from 1926),\" added Silverblatt, who added that even if the market seems wacky, \"if you're not in it, you're nuts, and most likely out of a job (keep your finger on the button).\"</p>\n<p>Our call of the day from UBS's chief investment officer Mark Haefele, sees the S&amp;P 500 is on a solid path to another big milestone -- 5,000. That's his end-2022 goal, while the bank sees the index reaching 4,600 by the end of this year.</p>\n<p>\"The S&amp;P 500 has broken above 4,500 for the first time, taking gains for 2021 to over 20%. This might seem surprising given the recent run of negative news, including disappointing U.S. consumer data and a continual rise in COVID-19 infections. But we believe that the momentum toward reopening and recovery is intact and that there is further upside to equities,\" Haefele told clients in a note.</p>\n<p>He rattles off a list of supportive factors, including a fifth-straight quarter of robust results with more than 85% of companies beating second-quarter earnings and sales estimates; aggregate corporate profits up nearly 90% from year-ago levels; earnings nearly 30% higher than pre-pandemic levels; and revenue growth so robust it's overwhelming cost pressures.</p>\n<p>\"We believe cost pressures for businesses should subside as supply begins to catch up. In addition, consumers' balance sheets are at their strongest in decades due to the significant buildup in household savings over the past year, and retailers will continue to restock to keep up with demand,\" said Haefele.</p>\n<p>Show us the stocks? \"With the economic recovery broadening, we expect cyclical sectors, including energy and financials, to take the lead,\" he added.</p>\n<p><b>The chart</b></p>\n<p>Thomas Lee, founder of Fundstrat Global Advisors, notes that history is on the side of a strong September when markets see an equally upbeat first half.</p>\n<p>That's even as investors worry about \"overbought\" markets due for a pullback and stats showing September returns since 1928 have been down about 0.1%. In a note to clients, Lee counters that seasonality factors change when a first half is strong -- the first six months of 2021 saw a more than 13% gain, the 10th best since 1928.</p>\n<p>That should mean a stronger September than expected and an intact \"everything rally.\" Here's his chart:</p>\n<p><img src=\"https://static.tigerbbs.com/7ee49b4bca8dd1180df5c66c2370394f\" tg-width=\"700\" tg-height=\"486\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","SPY":"标普500ETF","SDS":"两倍做空标普500ETF","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","OEX":"标普100","MRNA":"Moderna, Inc.","OEF":"标普100指数ETF-iShares","SH":"标普500反向ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163185185","content_text":"On the last trading day of August, stock futures are pointing higher as markets look past downbeat economic news from China and continued COVID-19 contagion worries. It's all part of a relentless march higher for stocks that barely paused this summer.\n\"The S&P 500 has posted at least 1 new closing high every week since the week of June 7, 2021, 13 weeks in a row. August 2021 has posted 12 new closing highs in the 21 trading days, with one day left to go,\" noted Howard Silverblatt, senior index analyst at S&P Dow Jones Indices.\n\"Year-to-date the index has posted 53 new closing highs, and is tied for the 4 highest in index history (from 1926),\" added Silverblatt, who added that even if the market seems wacky, \"if you're not in it, you're nuts, and most likely out of a job (keep your finger on the button).\"\nOur call of the day from UBS's chief investment officer Mark Haefele, sees the S&P 500 is on a solid path to another big milestone -- 5,000. That's his end-2022 goal, while the bank sees the index reaching 4,600 by the end of this year.\n\"The S&P 500 has broken above 4,500 for the first time, taking gains for 2021 to over 20%. This might seem surprising given the recent run of negative news, including disappointing U.S. consumer data and a continual rise in COVID-19 infections. But we believe that the momentum toward reopening and recovery is intact and that there is further upside to equities,\" Haefele told clients in a note.\nHe rattles off a list of supportive factors, including a fifth-straight quarter of robust results with more than 85% of companies beating second-quarter earnings and sales estimates; aggregate corporate profits up nearly 90% from year-ago levels; earnings nearly 30% higher than pre-pandemic levels; and revenue growth so robust it's overwhelming cost pressures.\n\"We believe cost pressures for businesses should subside as supply begins to catch up. In addition, consumers' balance sheets are at their strongest in decades due to the significant buildup in household savings over the past year, and retailers will continue to restock to keep up with demand,\" said Haefele.\nShow us the stocks? \"With the economic recovery broadening, we expect cyclical sectors, including energy and financials, to take the lead,\" he added.\nThe chart\nThomas Lee, founder of Fundstrat Global Advisors, notes that history is on the side of a strong September when markets see an equally upbeat first half.\nThat's even as investors worry about \"overbought\" markets due for a pullback and stats showing September returns since 1928 have been down about 0.1%. In a note to clients, Lee counters that seasonality factors change when a first half is strong -- the first six months of 2021 saw a more than 13% gain, the 10th best since 1928.\nThat should mean a stronger September than expected and an intact \"everything rally.\" Here's his chart:","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159065462,"gmtCreate":1624931798456,"gmtModify":1703848219817,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Keep it coming&nbsp;","listText":"Keep it coming&nbsp;","text":"Keep it coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/159065462","repostId":"2147837316","repostType":4,"repost":{"id":"2147837316","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":1624921533,"share":"https://ttm.financial/m/news/2147837316?lang=&edition=fundamental","pubTime":"2021-06-29 07:05","market":"us","language":"en","title":"Tech stock rally sends S&P and Nasdaq to record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=2147837316","media":"Reuters","summary":" - The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.The S&P 500 continued its recent momentum after paring some earlier losses, recording its third record high in a row, after logging its best weekly performance in 20 weeks last Friday.In contrast, cycl","content":"<p>(Reuters) - The Nasdaq and S&amp;P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.</p>\n<p>Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&amp;P 500 and the Nasdaq.</p>\n<p>The S&amp;P 500 continued its recent momentum after paring some earlier losses, recording its third record high in a row, after logging its best weekly performance in 20 weeks last Friday.</p>\n<p>In contrast, cyclical sectors dropped sharply amid fears over a spike in COVID-19 cases across Asia. Financials and energy posted the biggest sectoral loss on S&amp;P 500, down by 0.81% and 3.33%, respectively.</p>\n<p>“It’s end of the quarter and investors may want to take some profits and rotate out of energy and stick with tech,” said Sam Stovall, chief investment strategist at CFRA Research in New York.</p>\n<p>Stovall expects stocks should continue their near-term climb as investors await the new earnings season, in which year-over-year earnings growth of S&amp;P 500 companies is expected to top 60%.</p>\n<p>The Dow Jones Industrial Average fell 150.57 points, or 0.44%, to close at 34,283.27. The S&amp;P 500 pared earlier losses and advanced from Friday’s record high by gaining 9.91 points, or 0.23%, to 4,290.61. The Nasdaq Composite added 140.12 points, or 0.98%, to 14,500.51.</p>\n<p>Both the S&amp;P 500 and the Nasdaq hit a series of record highs last week. the tech-heavy Nasdaq’s 5% gain in June is outpacing its peers as investors pile back in to tech-oriented growth stocks on diminishing worries about runaway inflation.</p>\n<p>“We believe with the Fed putting a realistic goal post, investors now have much more of a risk-on mentality going into the second half of the year. A lot of these tech names have underperformed, while fundamentals were very robust going into the June quarter,” said Wedbush Securities analyst Daniel Ives, who expects the Nasdaq to hit 16,000 by year-end.</p>\n<p>Facebook jumped over 4% as a U.S. judge granted the company’s motion to dismiss a Federal Trade Commission lawsuit. The social media giant finished Monday with over $1 trillion in market capitalization.</p>\n<p>On the Nasdaq 100, the largest gainer was Nvidia Corp, which rose 5.0% after major chip makers Broadcom Inc, Marvell and Taiwan-based MediaTek endorsed its $40 billion deal to buy UK chip designer Arm.</p>\n<p>With the S&amp;P 500 up almost 14% as the first half of 2021 draws to a close, activity in some areas of the market indicates concern over potential volatility, with some investors suggesting the market may be overdue for a significant pullback.</p>\n<p>On the economic front, investor attention will be focused on consumer confidence data, a private jobs report and a crucial monthly employment report due later this week. Quarterly results from Micron Technology Inc and Walgreens Boots Alliance are also slated for this week.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 1.09-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 100 new highs and 31 new lows.</p>\n<p>Volume on U.S. exchanges was 9.55 billion shares, compared with the 11.17 billion average for the full session over the last 20 trading days.</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>Tech stock rally sends S&P and Nasdaq to record highs</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\">\nTech stock rally sends S&P and Nasdaq to record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-29 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) - The Nasdaq and S&amp;P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.</p>\n<p>Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&amp;P 500 and the Nasdaq.</p>\n<p>The S&amp;P 500 continued its recent momentum after paring some earlier losses, recording its third record high in a row, after logging its best weekly performance in 20 weeks last Friday.</p>\n<p>In contrast, cyclical sectors dropped sharply amid fears over a spike in COVID-19 cases across Asia. Financials and energy posted the biggest sectoral loss on S&amp;P 500, down by 0.81% and 3.33%, respectively.</p>\n<p>“It’s end of the quarter and investors may want to take some profits and rotate out of energy and stick with tech,” said Sam Stovall, chief investment strategist at CFRA Research in New York.</p>\n<p>Stovall expects stocks should continue their near-term climb as investors await the new earnings season, in which year-over-year earnings growth of S&amp;P 500 companies is expected to top 60%.</p>\n<p>The Dow Jones Industrial Average fell 150.57 points, or 0.44%, to close at 34,283.27. The S&amp;P 500 pared earlier losses and advanced from Friday’s record high by gaining 9.91 points, or 0.23%, to 4,290.61. The Nasdaq Composite added 140.12 points, or 0.98%, to 14,500.51.</p>\n<p>Both the S&amp;P 500 and the Nasdaq hit a series of record highs last week. the tech-heavy Nasdaq’s 5% gain in June is outpacing its peers as investors pile back in to tech-oriented growth stocks on diminishing worries about runaway inflation.</p>\n<p>“We believe with the Fed putting a realistic goal post, investors now have much more of a risk-on mentality going into the second half of the year. A lot of these tech names have underperformed, while fundamentals were very robust going into the June quarter,” said Wedbush Securities analyst Daniel Ives, who expects the Nasdaq to hit 16,000 by year-end.</p>\n<p>Facebook jumped over 4% as a U.S. judge granted the company’s motion to dismiss a Federal Trade Commission lawsuit. The social media giant finished Monday with over $1 trillion in market capitalization.</p>\n<p>On the Nasdaq 100, the largest gainer was Nvidia Corp, which rose 5.0% after major chip makers Broadcom Inc, Marvell and Taiwan-based MediaTek endorsed its $40 billion deal to buy UK chip designer Arm.</p>\n<p>With the S&amp;P 500 up almost 14% as the first half of 2021 draws to a close, activity in some areas of the market indicates concern over potential volatility, with some investors suggesting the market may be overdue for a significant pullback.</p>\n<p>On the economic front, investor attention will be focused on consumer confidence data, a private jobs report and a crucial monthly employment report due later this week. Quarterly results from Micron Technology Inc and Walgreens Boots Alliance are also slated for this week.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 1.09-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 100 new highs and 31 new lows.</p>\n<p>Volume on U.S. exchanges was 9.55 billion shares, compared with the 11.17 billion average for the full session over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","QID":"纳指两倍做空ETF","SQQQ":"纳指三倍做空ETF",".SPX":"S&P 500 Index","NFLX":"奈飞","NDAQ":"纳斯达克OMX交易所","NVDA":"英伟达","WBA":"沃尔格林联合博姿","QLD":"纳指两倍做多ETF","TQQQ":"纳指三倍做多ETF","TWTR":"Twitter","QQQ":"纳指100ETF","PSQ":"纳指反向ETF",".DJI":"道琼斯","MU":"美光科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147837316","content_text":"(Reuters) - The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.\nBig tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.\nThe S&P 500 continued its recent momentum after paring some earlier losses, recording its third record high in a row, after logging its best weekly performance in 20 weeks last Friday.\nIn contrast, cyclical sectors dropped sharply amid fears over a spike in COVID-19 cases across Asia. Financials and energy posted the biggest sectoral loss on S&P 500, down by 0.81% and 3.33%, respectively.\n“It’s end of the quarter and investors may want to take some profits and rotate out of energy and stick with tech,” said Sam Stovall, chief investment strategist at CFRA Research in New York.\nStovall expects stocks should continue their near-term climb as investors await the new earnings season, in which year-over-year earnings growth of S&P 500 companies is expected to top 60%.\nThe Dow Jones Industrial Average fell 150.57 points, or 0.44%, to close at 34,283.27. The S&P 500 pared earlier losses and advanced from Friday’s record high by gaining 9.91 points, or 0.23%, to 4,290.61. The Nasdaq Composite added 140.12 points, or 0.98%, to 14,500.51.\nBoth the S&P 500 and the Nasdaq hit a series of record highs last week. the tech-heavy Nasdaq’s 5% gain in June is outpacing its peers as investors pile back in to tech-oriented growth stocks on diminishing worries about runaway inflation.\n“We believe with the Fed putting a realistic goal post, investors now have much more of a risk-on mentality going into the second half of the year. A lot of these tech names have underperformed, while fundamentals were very robust going into the June quarter,” said Wedbush Securities analyst Daniel Ives, who expects the Nasdaq to hit 16,000 by year-end.\nFacebook jumped over 4% as a U.S. judge granted the company’s motion to dismiss a Federal Trade Commission lawsuit. The social media giant finished Monday with over $1 trillion in market capitalization.\nOn the Nasdaq 100, the largest gainer was Nvidia Corp, which rose 5.0% after major chip makers Broadcom Inc, Marvell and Taiwan-based MediaTek endorsed its $40 billion deal to buy UK chip designer Arm.\nWith the S&P 500 up almost 14% as the first half of 2021 draws to a close, activity in some areas of the market indicates concern over potential volatility, with some investors suggesting the market may be overdue for a significant pullback.\nOn the economic front, investor attention will be focused on consumer confidence data, a private jobs report and a crucial monthly employment report due later this week. Quarterly results from Micron Technology Inc and Walgreens Boots Alliance are also slated for this week.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 1.09-to-1 ratio favored decliners.\nThe S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 100 new highs and 31 new lows.\nVolume on U.S. exchanges was 9.55 billion shares, compared with the 11.17 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3568467070146669","authorId":"3568467070146669","name":"Iamallama","avatar":"https://static.tigerbbs.com/a97453a91d5df8b9104800b8debbe2ad","crmLevel":2,"crmLevelSwitch":0,"idStr":"3568467070146669","authorIdStr":"3568467070146669"},"content":"wooopwoop","text":"wooopwoop","html":"wooopwoop"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102914926,"gmtCreate":1620173240265,"gmtModify":1704339617088,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"This lady about to ruin the party&nbsp;","listText":"This lady about to ruin the party&nbsp;","text":"This lady about to ruin the party","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/102914926","repostId":"1140575890","repostType":4,"repost":{"id":"1140575890","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620141444,"share":"https://ttm.financial/m/news/1140575890?lang=&edition=fundamental","pubTime":"2021-05-04 23:17","market":"us","language":"en","title":"Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat","url":"https://stock-news.laohu8.com/highlight/detail?id=1140575890","media":"Tiger Newspress","summary":"(May 4) Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to kee","content":"<p>(May 4)&nbsp;Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.</p><p>\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"</p><p>\"But these are investments our economy needs to be competitive and productive,\" she added.</p><p>Nasdaq fell&nbsp;over 2%&nbsp;for&nbsp;now.</p><p><img src=\"https://static.tigerbbs.com/de3525661b3a7db28a0797ab745db67b\" tg-width=\"629\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ec61efef423e545861c0ca0126af9332\" tg-width=\"1866\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></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>Yellen says interest rates may have to rise somewhat to make sure economy doesn't overheat</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\">\nYellen says interest rates may have to rise somewhat to make sure economy doesn't overheat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-04 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 4)&nbsp;Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.</p><p>\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"</p><p>\"But these are investments our economy needs to be competitive and productive,\" she added.</p><p>Nasdaq fell&nbsp;over 2%&nbsp;for&nbsp;now.</p><p><img src=\"https://static.tigerbbs.com/de3525661b3a7db28a0797ab745db67b\" tg-width=\"629\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ec61efef423e545861c0ca0126af9332\" tg-width=\"1866\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140575890","content_text":"(May 4) Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on by trillions in government stimulus spending.\"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat,\" Yellen said during a economic seminar presented by Th Atlantic. \"Even though additional spending is relatively small to the size of the economy, it could causae some very modest increases in interest rates.\"\"But these are investments our economy needs to be competitive and productive,\" she added.Nasdaq fell over 2% for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835850067,"gmtCreate":1629705888459,"gmtModify":1676530105367,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Taper, don't miss the timing again&nbsp;","listText":"Taper, don't miss the timing again&nbsp;","text":"Taper, don't miss the timing again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/835850067","repostId":"2161747692","repostType":4,"repost":{"id":"2161747692","pubTimestamp":1629673828,"share":"https://ttm.financial/m/news/2161747692?lang=&edition=fundamental","pubTime":"2021-08-23 07:10","market":"us","language":"en","title":"Fed's Jackson Hole Symposium, personal income and spending: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2161747692","media":"Yahoo Finance","summary":"Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at","content":"<p>Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at the bank's annual Jackson Hole Economic Policy Symposium.</p>\n<p>The event, which takes place from Thursday to Saturday this week, is set to serve as a forum for more discussions around Fed policymakers' plans to announce and implement a shift in the central bank's monetary policy stance. Namely, investors have been closely watching for months to hear when officials will begin tapering their purchases of Treasury and mortgage securities, which have been taking place at a pace of $120 billion per month for more than a year during the pandemic.</p>\n<p>This asset purchase program had been a major policy underpinning U.S. equity markets this year, providing liquidity throughout the economic crisis induced by the virus. But as the economy makes headway in recovering, Fed officials' talk around pulling in the reins on this program has started to increase.</p>\n<p>Last week, Federal Reserve officials signaled the announcement of the start of tapering was edging closer. According to the meeting minutes from the Federal Reserve's July meeting, most monetary policymakers believed the economy will have made enough progress toward recovering to warrant tapering.</p>\n<p>\"Most participants noted that, provided that the economy were to evolve broadly as they anticipated, they judged that it could be appropriate to start reducing the pace of asset purchases this year because they saw the Committee’s 'substantial further progress' criterion as satisfied with respect to the price-stability goal and as close to being satisfied with respect to the maximum employment goal,\" according to the FOMC minutes.</p>\n<p>But as many pundits have noted, the central bank still has a host of meetings left in 2021 to serve as a platform for further discussing or announcing tapering. As a result, Jackson Hole this week may cause few ripples, with policymakers like Federal Reserve Chair Jerome Powell sticking to their previously telegraphed language about waiting to see further improvements in the labor market before escalating talk of tapering further.</p>\n<p>\"Jackson Hole next week is certainly a target for when we might hear some actual firm language around taper. I'm not really expecting much out of Jackson Hole,\" Garrett Melson, Natixis Investment Managers Solutions portfolio strategist, told Yahoo Finance last week. \"We're more in the camp that we probably start to hear something around the November meeting. Perhaps they're as quick as December to start actually implementing the taper. But I'm still more in the camp that January is probably when we begin to see a slow taper, probably in the ballpark of $15 billion per month.\"</p>\n<p>\"They're still very, very dovish. They're slightly less dovish,\" he added. \"But that's a little semantics at this point. Taper is very well documented and well known. We know it's coming. It's just a matter of timing and really shouldn't surprise many investors out there.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffd135dd0d8cdc399e0982d54e39f5bd\" tg-width=\"6000\" tg-height=\"4000\" width=\"100%\" height=\"auto\"><span>Federal Reserve Board Chair Jerome Powell testifies before Senate Banking, Housing, and Urban Affairs hearing to examine the Semiannual Monetary Policy Report to Congress, July 15, 2021, on Capitol Hill. (AP Photo/Jose Luis Magana, file)ASSOCIATED PRESS</span></p>\n<p>As for the ultimate market impact of tapering, if the outcome is anything like the response from the last announcement of tapering in 2023, investors might brace for a momentary bout of volatility and some sector rotation beneath the surface.</p>\n<p>\"In 2013, Fed Chair Bernanke's comments about tapering catalyzed a five-day, 40 bp backup in 10-year yields and a 5% drop in the S&amp;P 500,\" said David Kostin, Goldman Sachs' chief U.S. equity strategist, in a note last week. \"The initial signal from the taper tantrum ultimately proved fleeting during a year with extremely strong returns for equities.\"</p>\n<p>\"The S&amp;P 500 rebounded 5% in the roughly two months following the tantrum, led higher by the materials, consumer discretionary, and health care sectors,\" he added. \"By December, the S&amp;P 500 had posted a full-year return of 32%. As the Fed reiterated its commitment to accommodative policy, growth outperformed value and cyclical stocks outperformed defensives.\"</p>\n<h2>Personal spending, income</h2>\n<p>New economic data on consumer spending and income will also be in focus later this week, with reports on both metrics due for release on Friday.</p>\n<p>Consensus economists expect to see personal spending slow to just a 0.4% monthly clip in July, decelerating from June's 1.0% increase.</p>\n<p>Just last week, the Commerce Department's data showed retail sales fell more than expected in July, dipping by 1.1%. The print pointed to more moderation in spending as the impact of stimulus checks earlier this year waned further, and lowered the bar for the Bureau of Economic Analysis' monthly personal spending data.</p>\n<p>Other data has also underscored the slowdown in consumer spending, especially given the recent spread of the Delta variant starting in the middle of summer.</p>\n<p>\"Although services spending started strong in July boosted by the holiday, our aggregated BAC credit and debit card data suggest services spending, particularly for travel and leisure, slowed down noticeably in the second half of the month, potentially due to rising Delta concerns,\" Bank of America economist Michelle Meyer wrote in a note Friday.</p>\n<p>Friday's consumer spending report will also come with data on personal income, which is also expected to have ticked up only slightly on a monthly basis. Economists look for a 0.1% increase in July, which would match the pace from the prior month.</p>\n<p>Even with the deceleration in income, however, the personal savings rate may have increased as an early round of child tax credit payments helped offset a slowing pace of income growth, some economists noted.</p>\n<p>\"The advance child tax credit payments delivered this month translated into a lower tax burden and therefore a 1% month-over-month boost to disposable income, consequently leading to a rise in the savings rate to 10.0% from 9.4% in June,\" Meyer predicted.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Chicago Fed National Activity Index, July (0.09 in June); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> U.S. Manufacturing PMI, August preliminary (62.8 expected, 63.4 in July); Markit U.S. Services PMI, August preliminary (59.0 expected, 59.9 in July); Markit U.S. Composite PMI, August preliminary (59.9 in July); Existing home sales, month-on-month, July (-0.3% expected, 1.4% in June)</p></li>\n <li><p><b>Tuesday: </b>Richmond Fed Manufacturing Index, August (25 expected, 27 in July); New home sales, month-on-month, July (3.6% expected, -6.6% in June)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended August 20 (-3.9% during prior week); Durable goods orders, July preliminary (-0.2% expected, 0.9% in June); Non-defense capital goods orders excluding aircraft, July preliminary (0.5% expected, 0.7% in June); Non-defense capital goods shipments excluding aircraft, July preliminary (0.6% in June)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended August 21 (352,000 expected, 348,000 during prior week); Continuing claims, week ended August 14 (2.780 million expected, 2.820 million during prior week); GDP annualized quarter-over-quarter, Q2 second estimate (6.6% expected, 6.5% in prior print); Personal consumption, Q2 second estimate (12.3% expected, 11.8% in prior print); Core PCE quarter-over-quarter Q2 second estimate (6.1% expected, 6.1% in prior print); Kansas City Fed Manufacturing Activity Index, August (30 in prior print)</p></li>\n <li><p><b>Friday: </b>Advanced goods trade balance, July (-$90.9 billion expected, -$91.2 billion in June); Wholesale inventories, month-over-month, July preliminary (1.0% expected, 1.1% in June); Personal income, July (0.2% expected, 0.1% in June); Personal spending, July (0.4% expected, 1.0% in June); PCE core deflator, month-on-month, July (0.3% expected, 0.4% in June); PCE core deflator, year-on-year, July (3.6% expected, 3.5% in June); University of Michigan Sentiment, August final (71.0 expected, 70.2 in prior print)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Tuesday: </b>Advance Auto Parts (AAP) before market open; Intuit (INTU) after market close</p></li>\n <li><p><b>Wednesday: </b>Best Buy (BBY) before market open; <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> (CRM), Autodesk (ADSK), Ulta Beauty (ULTA) after market close</p></li>\n <li><p><b>Thursday: </b>The JM Smucker Co. (SJM), Dollar General (DG), Dollar Tree (DLTR) before market open; The Gap (GPS), HP Inc. (HPQ) after market close</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release </i></p></li>\n</ul>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed's Jackson Hole Symposium, personal income and spending: What to know 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\">\nFed's Jackson Hole Symposium, personal income and spending: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 07:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/fed-heads-to-jackson-hole-personal-income-and-spending-what-to-know-this-week-150228513.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at the bank's annual Jackson Hole Economic Policy Symposium.\nThe event, which takes place from ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fed-heads-to-jackson-hole-personal-income-and-spending-what-to-know-this-week-150228513.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","XRT":"零售指数ETF-SPDR标普","TGT":"塔吉特","BBY":"百思买","SPY.AU":"SPDR® S&P 500® ETF Trust",".DJI":"道琼斯","WMT":"沃尔玛",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/fed-heads-to-jackson-hole-personal-income-and-spending-what-to-know-this-week-150228513.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2161747692","content_text":"Traders this week are poised to focus closely on Federal Reserve policymakers' virtual appearance at the bank's annual Jackson Hole Economic Policy Symposium.\nThe event, which takes place from Thursday to Saturday this week, is set to serve as a forum for more discussions around Fed policymakers' plans to announce and implement a shift in the central bank's monetary policy stance. Namely, investors have been closely watching for months to hear when officials will begin tapering their purchases of Treasury and mortgage securities, which have been taking place at a pace of $120 billion per month for more than a year during the pandemic.\nThis asset purchase program had been a major policy underpinning U.S. equity markets this year, providing liquidity throughout the economic crisis induced by the virus. But as the economy makes headway in recovering, Fed officials' talk around pulling in the reins on this program has started to increase.\nLast week, Federal Reserve officials signaled the announcement of the start of tapering was edging closer. According to the meeting minutes from the Federal Reserve's July meeting, most monetary policymakers believed the economy will have made enough progress toward recovering to warrant tapering.\n\"Most participants noted that, provided that the economy were to evolve broadly as they anticipated, they judged that it could be appropriate to start reducing the pace of asset purchases this year because they saw the Committee’s 'substantial further progress' criterion as satisfied with respect to the price-stability goal and as close to being satisfied with respect to the maximum employment goal,\" according to the FOMC minutes.\nBut as many pundits have noted, the central bank still has a host of meetings left in 2021 to serve as a platform for further discussing or announcing tapering. As a result, Jackson Hole this week may cause few ripples, with policymakers like Federal Reserve Chair Jerome Powell sticking to their previously telegraphed language about waiting to see further improvements in the labor market before escalating talk of tapering further.\n\"Jackson Hole next week is certainly a target for when we might hear some actual firm language around taper. I'm not really expecting much out of Jackson Hole,\" Garrett Melson, Natixis Investment Managers Solutions portfolio strategist, told Yahoo Finance last week. \"We're more in the camp that we probably start to hear something around the November meeting. Perhaps they're as quick as December to start actually implementing the taper. But I'm still more in the camp that January is probably when we begin to see a slow taper, probably in the ballpark of $15 billion per month.\"\n\"They're still very, very dovish. They're slightly less dovish,\" he added. \"But that's a little semantics at this point. Taper is very well documented and well known. We know it's coming. It's just a matter of timing and really shouldn't surprise many investors out there.\"\nFederal Reserve Board Chair Jerome Powell testifies before Senate Banking, Housing, and Urban Affairs hearing to examine the Semiannual Monetary Policy Report to Congress, July 15, 2021, on Capitol Hill. (AP Photo/Jose Luis Magana, file)ASSOCIATED PRESS\nAs for the ultimate market impact of tapering, if the outcome is anything like the response from the last announcement of tapering in 2023, investors might brace for a momentary bout of volatility and some sector rotation beneath the surface.\n\"In 2013, Fed Chair Bernanke's comments about tapering catalyzed a five-day, 40 bp backup in 10-year yields and a 5% drop in the S&P 500,\" said David Kostin, Goldman Sachs' chief U.S. equity strategist, in a note last week. \"The initial signal from the taper tantrum ultimately proved fleeting during a year with extremely strong returns for equities.\"\n\"The S&P 500 rebounded 5% in the roughly two months following the tantrum, led higher by the materials, consumer discretionary, and health care sectors,\" he added. \"By December, the S&P 500 had posted a full-year return of 32%. As the Fed reiterated its commitment to accommodative policy, growth outperformed value and cyclical stocks outperformed defensives.\"\nPersonal spending, income\nNew economic data on consumer spending and income will also be in focus later this week, with reports on both metrics due for release on Friday.\nConsensus economists expect to see personal spending slow to just a 0.4% monthly clip in July, decelerating from June's 1.0% increase.\nJust last week, the Commerce Department's data showed retail sales fell more than expected in July, dipping by 1.1%. The print pointed to more moderation in spending as the impact of stimulus checks earlier this year waned further, and lowered the bar for the Bureau of Economic Analysis' monthly personal spending data.\nOther data has also underscored the slowdown in consumer spending, especially given the recent spread of the Delta variant starting in the middle of summer.\n\"Although services spending started strong in July boosted by the holiday, our aggregated BAC credit and debit card data suggest services spending, particularly for travel and leisure, slowed down noticeably in the second half of the month, potentially due to rising Delta concerns,\" Bank of America economist Michelle Meyer wrote in a note Friday.\nFriday's consumer spending report will also come with data on personal income, which is also expected to have ticked up only slightly on a monthly basis. Economists look for a 0.1% increase in July, which would match the pace from the prior month.\nEven with the deceleration in income, however, the personal savings rate may have increased as an early round of child tax credit payments helped offset a slowing pace of income growth, some economists noted.\n\"The advance child tax credit payments delivered this month translated into a lower tax burden and therefore a 1% month-over-month boost to disposable income, consequently leading to a rise in the savings rate to 10.0% from 9.4% in June,\" Meyer predicted.\nEconomic calendar\n\nMonday: Chicago Fed National Activity Index, July (0.09 in June); Markit U.S. Manufacturing PMI, August preliminary (62.8 expected, 63.4 in July); Markit U.S. Services PMI, August preliminary (59.0 expected, 59.9 in July); Markit U.S. Composite PMI, August preliminary (59.9 in July); Existing home sales, month-on-month, July (-0.3% expected, 1.4% in June)\nTuesday: Richmond Fed Manufacturing Index, August (25 expected, 27 in July); New home sales, month-on-month, July (3.6% expected, -6.6% in June)\nWednesday: MBA Mortgage Applications, week ended August 20 (-3.9% during prior week); Durable goods orders, July preliminary (-0.2% expected, 0.9% in June); Non-defense capital goods orders excluding aircraft, July preliminary (0.5% expected, 0.7% in June); Non-defense capital goods shipments excluding aircraft, July preliminary (0.6% in June)\nThursday: Initial jobless claims, week ended August 21 (352,000 expected, 348,000 during prior week); Continuing claims, week ended August 14 (2.780 million expected, 2.820 million during prior week); GDP annualized quarter-over-quarter, Q2 second estimate (6.6% expected, 6.5% in prior print); Personal consumption, Q2 second estimate (12.3% expected, 11.8% in prior print); Core PCE quarter-over-quarter Q2 second estimate (6.1% expected, 6.1% in prior print); Kansas City Fed Manufacturing Activity Index, August (30 in prior print)\nFriday: Advanced goods trade balance, July (-$90.9 billion expected, -$91.2 billion in June); Wholesale inventories, month-over-month, July preliminary (1.0% expected, 1.1% in June); Personal income, July (0.2% expected, 0.1% in June); Personal spending, July (0.4% expected, 1.0% in June); PCE core deflator, month-on-month, July (0.3% expected, 0.4% in June); PCE core deflator, year-on-year, July (3.6% expected, 3.5% in June); University of Michigan Sentiment, August final (71.0 expected, 70.2 in prior print)\n\nEarnings calendar\n\nMonday: No notable reports scheduled for release\nTuesday: Advance Auto Parts (AAP) before market open; Intuit (INTU) after market close\nWednesday: Best Buy (BBY) before market open; Salesforce (CRM), Autodesk (ADSK), Ulta Beauty (ULTA) after market close\nThursday: The JM Smucker Co. (SJM), Dollar General (DG), Dollar Tree (DLTR) before market open; The Gap (GPS), HP Inc. (HPQ) after market close\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804044689,"gmtCreate":1627913842141,"gmtModify":1703497802838,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Strong","listText":"Strong","text":"Strong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/804044689","repostId":"1155693481","repostType":4,"repost":{"id":"1155693481","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627913458,"share":"https://ttm.financial/m/news/1155693481?lang=&edition=fundamental","pubTime":"2021-08-02 22:10","market":"us","language":"en","title":"Tesla rose nearly 5% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1155693481","media":"Tiger Newspress","summary":" $Tesla Motors$ rose nearly 5% in morning trading.Elon Musk confirms Tesla AI Day will be on August 19.In addition ,Last Thursday, Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more ","content":"<p>(August 2)&nbsp;<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> rose nearly 5% in morning trading.</p>\n<p>Elon Musk confirms Tesla AI Day will be on August 19.</p>\n<p>In&nbsp;addition&nbsp;,Last Thursday,&nbsp;Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.</p>\n<p>The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more efficient.</p>\n<p><img src=\"https://static.tigerbbs.com/9faf5c64c1d04f0efe8c72c78addc130\" tg-width=\"725\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></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>Tesla rose nearly 5% in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla rose nearly 5% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-02 22:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(August 2)&nbsp;<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> rose nearly 5% in morning trading.</p>\n<p>Elon Musk confirms Tesla AI Day will be on August 19.</p>\n<p>In&nbsp;addition&nbsp;,Last Thursday,&nbsp;Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.</p>\n<p>The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more efficient.</p>\n<p><img src=\"https://static.tigerbbs.com/9faf5c64c1d04f0efe8c72c78addc130\" tg-width=\"725\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155693481","content_text":"(August 2) Tesla Motors rose nearly 5% in morning trading.\nElon Musk confirms Tesla AI Day will be on August 19.\nIn addition ,Last Thursday, Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.\nThe patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more efficient.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9003314072,"gmtCreate":1640876748531,"gmtModify":1676533550188,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003314072","repostId":"1106092668","repostType":4,"repost":{"id":"1106092668","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640876653,"share":"https://ttm.financial/m/news/1106092668?lang=&edition=fundamental","pubTime":"2021-12-30 23:04","market":"us","language":"en","title":"Sea Limited Shares Jumped More Than 4% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1106092668","media":"Tiger Newspress","summary":"Sea Limited shares jumped more than 4% in morning trading.Also Read:Sea Limited: A Deep Dive To Unde","content":"<html><head></head><body><p>Sea Limited shares jumped more than 4% in morning trading.</p><p><img src=\"https://static.tigerbbs.com/448dcc7d589843674730e046aa6ef96a\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p><b>Also Read:</b><b>Sea Limited: A Deep Dive To Understand The Recent Selloff</b></p><p><b>Summary</b></p><ul><li>Sea Limited is a highly diversified business firing on all cylinders in some of the fastest-growing economies in the world.</li><li>I dive into each of its segments to understand the recent selloff and justify the current valuation.</li><li>I consider Sea one of my ten highest conviction investments.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa5cbe0a30acc723a2c6f62300024002\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"/><span>kokkai/iStock Unreleased via Getty Images</span></p><p><b>Thesis</b></p><p>A by-parts analysis of Sea Limited&#39;s (NYSE:SE) segments shows that its current valuation is roughly fair, but there are many long-term growth drivers that could surprise to the upside and drive very strong returns for years to come.</p><p><b>Introduction</b></p><p>I recently wrote an article highlighting my top 10 stock picks for 2022. I&#39;d already done an in-depth analysis of my other nine picks in other Seeking Alpha articles, so I thought it would be good to close out the year with an article about Sea.</p><p>Furthermore, with shares down significantly over the past couple of months (but still slightly up for the year), I believe this article may prove timely. I don&#39;t speculate on short-term market movements, but I personally added to my Sea shares recently. It&#39;s one of my only losing positions that I didn&#39;t sell out of temporarily for tax-loss harvesting, and in this article, I will explain why Sea is such a high conviction holding for me.</p><p>It&#39;s also worth noting that many professional investors seem to share this opinion. Sea is the 121st largest company in the world, but it&#39;s the16thmost popular holding among hedge funds. This implies that big money is overweight Sea, with 71% of shares held by institutions.</p><p>Because Sea operates in many different areas, I will do a separate analysis of each of its operating segments to justify its current valuation and explain how that valuation could drive unexpectedly strong returns for years.</p><p><b>Gaming</b></p><p>Sea Limited&#39;s gaming segment Garena is best known for Free Fire, a mobile battle royale game that was developed in-house.</p><p>The game was released in 2017 and has been very popular ever since. It currently has the second most monthly active users among all Android games globally. The game is available worldwide, but it&#39;s particularly popular in emerging markets like SEA, LATAM, and India, where it&#39;s been the highest-grossing mobile game for over two years.</p><p>With the game having been popular for a long time already, there&#39;s some concern that gamers will move on to the next big thing. Although there are some mobile games that are older than Free Fire and still very popular - like Roblox, Clash of Clans, and Pokemon Go - there are many more that have been forgotten. Until Garena releases more games and proves that it can be successful with them too, there will always be questions about whether its studio is a one-hit wonder.</p><p>Regardless, Garena is a critical part of Sea because it&#39;s the only profitable segment and it doubles a social platform that provides free advertising for Sea&#39;s non-gaming products. Cross-promotion is a huge competitive advantage for Sea.</p><p>Thus, one reason for Sea&#39;s recent selloff could be the Q4 guidance implied for Garena.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e299727cc28a887a36d88831aec8f53\" tg-width=\"640\" tg-height=\"334\" width=\"100%\" height=\"auto\"/><span>Source: Earnings Call Presentation</span></p><p>In Q2 this year, Garena raised its guidance to $4.5B-$4.7B for 2021 bookings (up from $4.3B-$4.5B). With the first three quarters already totaling $3.5B, this implies that Q4 bookings will come in at $1.0B-$1.2B, up between 0% and 20% year over year, and likely down sequentially. This is compared to 29% growth in the most recent quarter and 44% projected growth for the full year.</p><p>While 20% isn&#39;t a terrible deceleration, 0% certainly is. Even 20% growth isn&#39;t spectacular compared to the historic levels. At the 10% midpoint, Garena&#39;s growth looks more similar to that of a mature company like Activision (NASDAQ:ATVI) or Zynga (NASDAQ:ZNGA) than a fast-growing company like Roblox (NYSE:RBLX).</p><p>Garena&#39;s implied valuation should - and did - suffer as a result. While a fast-growing company like Roblox can command a high double-digit P/S multiple, Activision and Zynga trade at an average P/S multiple of just 4. Garena is slightly more profitable than them and probably has more risk to the upside, so I&#39;ll use a P/S multiple of 5 for my implied valuation. This implies a P/E of about 10 for a business growing at around 10%, which is very reasonable in today&#39;s market.</p><p>This means Garena is worth $23.5B based on the high end of management&#39;s guidance.</p><p>I believe this valuation is actually conservative for a few reasons:</p><ul><li>Next year has tough comps and growth could re-accelerate in the following years or even next year, especially if Garena releases a new hit game. The growth rate past next quarter is not based on explicit guidance from the company, only industry forecasts.</li><li>The peer valuations I used are from companies also trading at the lower end of their valuation range for the past year.</li><li>Garena has a good track record and is continuing to invest in Free Fire. One example of this is the recently released Free Fire MAX, which improves the experience for users with higher-end phones and even adds a metaverse-like customizable map called Craftland. To me, this implies that Garena believes Free Fire is still in the earlier part of its lifecycle.</li><li>Although I&#39;d obviously prefer that Garena develops more games in house, in the meantime it&#39;s still not a one-trick pony. In addition to Free Fire, Garena distributes games from third-party developers like Tencent (OTCMKTS:OTCPK:TCEHY). These are popular titles like League of Legends and Call of Duty, which meaningfully diversify Garena&#39;s revenue.</li></ul><p><b>E-Commerce</b></p><p>Sea&#39;s e-commerce platform Shopee is currently its big growth driver. This platform is often considered the Amazon (NASDAQ:AMZN) of Southeast Asia, and it recently expanded into more markets including Brazil.</p><p>There&#39;s always some debate about who is really the Amazon of a region. Shopee certainly has competition, including from Alibaba&#39;s (NYSE:BABA) Lazada, Tokopedia in Indonesia, MercadoLibre (MELI) in Brazil, and even Amazon itself. With most of the competition being private or tucked away into a larger company, many of the competitors don&#39;t publish exact revenue numbers, which makes it difficult to measure the competition. Even Sea hasn&#39;t published explicit revenue numbers for some countries like Brazil.</p><p>One neutral source that can be assessed is the Alexa site rank, which as its name suggests ranks sites by their popularity. Keep in mind that these are ranks, so a lower score is better.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/180367a2b64bccebf243c5b6d8fb776a\" tg-width=\"455\" tg-height=\"353\" width=\"100%\" height=\"auto\"/><span>Source: The Author, compiled from Alexa</span></p><p>Shopee is very mobile-focused, but the above table only considers the website. To check App Store app ranks for the shopping category, we can use App Annie.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6544f014a5d70d13ee14dab0ac8b6782\" tg-width=\"422\" tg-height=\"403\" width=\"100%\" height=\"auto\"/><span>Source: The Author, compiled from AppAnnie</span></p><p>On the mobile side, there&#39;s no need to look at the competition because Shopee is consistently the number one shopping app in every country listed. In a mobile-first world, this bodes very well. Even on the web side, Shopee wins out except in a few specific regions like LATAM and (barely) Indonesia, which have more local competitors.</p><p>Of course, traffic doesn&#39;t always translate to GMV. But for a shopping app where most people will use the app to buy something, it&#39;s a decent proxy. A third party estimates that Shopee accounts for57%of all e-commerce in Southeast Asia. It&#39;s Shopee&#39;s dominance in the mobile app ranks and market share that make me consider it the Amazon of Southeast Asia.</p><p>So why would a company with so much potential sell off?</p><p>After the recent earnings report, some analysts expressed concern that Shopee is branching out into other countries like Poland and Mexico before validating its business model in the current markets. In these countries, Shopee has less of a presence; it&#39;s bounced between the 3-5 spots on the Mexico App Store for shopping apps, and between spots 1 and 3 in Poland. Although analysts hate uncertainty - and the CEO&#39;s comments that they don&#39;t have a concrete measure of success in these earlier stage countries won&#39;t help with that - Shopee has a history of entering new countries successfully and I am willing to give management some time to try expanding more. After all, if they&#39;re successful, then it could drive even more unexpected growth in the future.</p><p>Another complaint from analysts was that the basket size (average purchase size) is trending down. While that could also have contributed to the recent selloff, it&#39;s hard to complain when the overall sales increased a lot despite a decrease in basket size.</p><p>The company raised its guidance for e-commerce again in Q3, now guiding for $5.0B-$5.2B in 2021 e-commerce revenue. That&#39;s 75%-100% growth in Q4 and about 135% growth for the year. These are much more exciting numbers than the gaming side, although the guidance still implies a slight deceleration in Q4. But compared to Amazon&#39;s $340B in 2020 e-commerce sales, Shopee looks like it&#39;s just scratched the surface. E-commerce is at only11%penetration in Southeast Asia compared to18.7%in the USA, and Southeast Asia economies are generally growing faster than the USA&#39;s.</p><p>Despite being in a blue skies industry, it&#39;s more difficult to value the e-commerce segment because it operates at a loss (whereas the gaming segment is highly profitable). Shopee&#39;s success is not guaranteed because it&#39;s not clear at this point whether the platform can become profitable while retaining its market share. Stocks like this tend to experience more volatility, which could partially explain the recent selloff.</p><p>For unprofitable software companies, I like to use the Rule of 40 to assess the business. But it&#39;s difficult to apply this rule to a more cyclical e-commerce company with naturally lower margins. Even so, it&#39;s worth noting that despite being unprofitable, Sea&#39;s Rule of 40 score of 104 is better than most SaaS companies&#39;, and also better than e-commerce peers Amazon (21), MercadoLibre (73), and Alibaba (43).</p><p>To understand Shopee&#39;s terminal valuation once it becomes profitable, we can look at industry peers. Amazon is one profitable and slower-growing peer, and it trades at 4x P/S. AWS pushes this number up, but Amazon&#39;s high exposure to first-party sales offsets that. Other e-commerce marketplace peers trade at similar valuations: Alibaba at 3x P/S, MercadoLibre at 9x P/S. All of these valuations are basically all-time lows.</p><p>If Shopee keeps doubling revenue over the next couple of years (which it&#39;s easily done every year since 2016), becomes profitable (which scaling up tends to help with), and will have Amazon&#39;s P/S multiple in two years, then at 16 P/S today it would trade flat for two years. But if it keeps growing much faster than Amazon over a longer period like a decade, and/or if the overall industry multiples expand to more normal historical levels, then even at 16x P/S this segment has potential upside. On the other hand, if it stops growing or never becomes profitable then investors will be very disappointed at any P/S.</p><p>Given this wide range of outcomes, each person is going to have their own way of valuing this segment. For me, when I look at Shopee&#39;s mobile dominance, relatively small current size, the funding coming in from Garena, and the precedent set by Amazon, Alibaba, and MercadoLibre for the sustainable long-term success of this business model, I am optimistic about this segment&#39;s future. I recognize that it&#39;s currently an unprofitable and thus risky segment, but I also see the massive potential.</p><p>So I am happy paying a 16x P/S multiple, which values the e-commerce segment at $83.2B. Some people will call that way too high, and those people will probably never get a chance to invest in this company, for better or for worse.</p><p>Thus, with just Garena and Shopee, I have Sea being worth $106.7B. Its current market cap is $123.1B. To account for the difference, let&#39;s look at the other parts of Sea.</p><p><b>FinTech &amp; Investments</b></p><p>The easiest addition to my computed valuation is Sea&#39;s $12B cash pile, partially offset by $4B in debt. This adds some nice optionality to the company and ensures that it won&#39;t be bankrupt any time soon despite losing money with Shopee. Adding in the $8B cash difference puts my computed valuation at $114.7B, just $8.4B short of the actual valuation.</p><p>Then there is Sea&#39;s FinTech arm, SeaMoney. The main product here is a mobile wallet, which was responsible for $4.6B in payment volume in the last quarter (~$20B over a year). This segment accounted for $132 million in Q3 revenue, up a whopping 818% year over year. This implies a &#34;take rate&#34; of 2.9%, which is even better than established FinTech companies like Visa (V). Because of this high take rate, I&#39;m not worried about SeaMoney losing money while it scales.</p><p>Despite SeaMoney being a small segment, it&#39;s now reaching a point where it can be factored into the valuation. Maybe it&#39;s only worth a couple of billion, but this is just the start. Five years ago, nobody would have expected that an e-commerce platform accounting for 5% of Sea&#39;s sales would today be worth more than the gaming segment. But Sea&#39;s management - combined with Garena&#39;s ability to fund new segments and drive their viral adoption - made it happen. It&#39;s certainly not guaranteed that Sea will have the same success with FinTech, but there is precedent for it.</p><p>If one day this segment is worth a third or more of Sea (in 2020, FinTech accounted for 36% of MercadoLibre&#39;s revenue) then getting it for just 7% of the business today will be well worth it, even if that implies a somewhat high 16x P/S multiple for the segment today. Actually, this multiple is already lower than Visa&#39;s, Mastercard&#39;s (NYSE:MA), and Affirm&#39;s (NASDAQ:AFRM). Realistically, a segment growing at 818% year over year should probably get a higher multiple than these slower-growing companies&#39;, but we don&#39;t even need to speculate about what a fair multiple is, since we can reach Sea&#39;s current valuation by using 16x P/S in my model valuation.</p><p>One way this segment could grow even more is through the introduction of more products besides the mobile wallet. Sea noted in their recent earnings that they have started &#34;early initiatives in other digital financial services such as buy now pay later, digital bank, and insurtech.&#34; These guys sure know how to hop on the latest high growth trend.</p><p>Finally, there&#39;s the investments arm. Sea is investing in early-stage tech companies, especially in Southeast Asia. There&#39;s strong precedent for companies like Tencent (which is itself an investor in Sea) and Shopify (NYSE:SHOP) managing successful investment portfolios that ultimately factor meaningfully into their valuation. Right now Sea&#39;s investment arm is very early stage, so I don&#39;t include it in my valuation model. But it doesn&#39;t have to be factored in to justify the current share price. It&#39;s just one more area that might be worth a large part of Sea one day.</p><p><b>Conclusion</b></p><p>Looking at each of Sea&#39;s segments, my valuation model indicates that Sea is fairly valued today. However, my model doesn&#39;t account for the significant optionality of the newer segments. Just like e-commerce did over the last five years, FinTech (and/or investments) could grow to become a very large part of Sea&#39;s business. With the FinTech segment currently growing at 818% year over year, it doesn&#39;t take much imagination to see how this happens. Just another year or two of growth at something close to that rate will make the FinTech arm impossible for investors to ignore.</p><p>This optionality combined general strength in each business has allowed Sea to post an average revenue beat of 7% over the past year. Earnings haven&#39;t been as strong, and I expect that to be the main point of contention with my valuation model, as is the case for most unprofitable companies. In particular, I expect some readers will disagree with my valuation of the e-commerce segment. But even if you drop e-commerce all the way down to 5x P/S (a multiple seen today by much slower growing e-commerce companies) that implies 54% downside from today&#39;s prices. It&#39;s a steep drop for sure, but most companies in today&#39;s market would be looking at such a decline if one were to use the most conservative valuation standards possible.</p><p>Only fast-growing companies like Sea can quickly offset such a decline with revenue growth. As a result, the businesses with the most long-term potential will hardly ever trade at the most conservative valuation possible. And Sea certainly has long-term potential. It&#39;s one of the few high-growth companies I own that I could see reaching a trillion-dollar market cap this decade.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited Shares Jumped More Than 4% in Morning Trading</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\">\nSea Limited Shares Jumped More Than 4% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-30 23:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea Limited shares jumped more than 4% in morning trading.</p><p><img src=\"https://static.tigerbbs.com/448dcc7d589843674730e046aa6ef96a\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p><b>Also Read:</b><b>Sea Limited: A Deep Dive To Understand The Recent Selloff</b></p><p><b>Summary</b></p><ul><li>Sea Limited is a highly diversified business firing on all cylinders in some of the fastest-growing economies in the world.</li><li>I dive into each of its segments to understand the recent selloff and justify the current valuation.</li><li>I consider Sea one of my ten highest conviction investments.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa5cbe0a30acc723a2c6f62300024002\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"/><span>kokkai/iStock Unreleased via Getty Images</span></p><p><b>Thesis</b></p><p>A by-parts analysis of Sea Limited&#39;s (NYSE:SE) segments shows that its current valuation is roughly fair, but there are many long-term growth drivers that could surprise to the upside and drive very strong returns for years to come.</p><p><b>Introduction</b></p><p>I recently wrote an article highlighting my top 10 stock picks for 2022. I&#39;d already done an in-depth analysis of my other nine picks in other Seeking Alpha articles, so I thought it would be good to close out the year with an article about Sea.</p><p>Furthermore, with shares down significantly over the past couple of months (but still slightly up for the year), I believe this article may prove timely. I don&#39;t speculate on short-term market movements, but I personally added to my Sea shares recently. It&#39;s one of my only losing positions that I didn&#39;t sell out of temporarily for tax-loss harvesting, and in this article, I will explain why Sea is such a high conviction holding for me.</p><p>It&#39;s also worth noting that many professional investors seem to share this opinion. Sea is the 121st largest company in the world, but it&#39;s the16thmost popular holding among hedge funds. This implies that big money is overweight Sea, with 71% of shares held by institutions.</p><p>Because Sea operates in many different areas, I will do a separate analysis of each of its operating segments to justify its current valuation and explain how that valuation could drive unexpectedly strong returns for years.</p><p><b>Gaming</b></p><p>Sea Limited&#39;s gaming segment Garena is best known for Free Fire, a mobile battle royale game that was developed in-house.</p><p>The game was released in 2017 and has been very popular ever since. It currently has the second most monthly active users among all Android games globally. The game is available worldwide, but it&#39;s particularly popular in emerging markets like SEA, LATAM, and India, where it&#39;s been the highest-grossing mobile game for over two years.</p><p>With the game having been popular for a long time already, there&#39;s some concern that gamers will move on to the next big thing. Although there are some mobile games that are older than Free Fire and still very popular - like Roblox, Clash of Clans, and Pokemon Go - there are many more that have been forgotten. Until Garena releases more games and proves that it can be successful with them too, there will always be questions about whether its studio is a one-hit wonder.</p><p>Regardless, Garena is a critical part of Sea because it&#39;s the only profitable segment and it doubles a social platform that provides free advertising for Sea&#39;s non-gaming products. Cross-promotion is a huge competitive advantage for Sea.</p><p>Thus, one reason for Sea&#39;s recent selloff could be the Q4 guidance implied for Garena.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e299727cc28a887a36d88831aec8f53\" tg-width=\"640\" tg-height=\"334\" width=\"100%\" height=\"auto\"/><span>Source: Earnings Call Presentation</span></p><p>In Q2 this year, Garena raised its guidance to $4.5B-$4.7B for 2021 bookings (up from $4.3B-$4.5B). With the first three quarters already totaling $3.5B, this implies that Q4 bookings will come in at $1.0B-$1.2B, up between 0% and 20% year over year, and likely down sequentially. This is compared to 29% growth in the most recent quarter and 44% projected growth for the full year.</p><p>While 20% isn&#39;t a terrible deceleration, 0% certainly is. Even 20% growth isn&#39;t spectacular compared to the historic levels. At the 10% midpoint, Garena&#39;s growth looks more similar to that of a mature company like Activision (NASDAQ:ATVI) or Zynga (NASDAQ:ZNGA) than a fast-growing company like Roblox (NYSE:RBLX).</p><p>Garena&#39;s implied valuation should - and did - suffer as a result. While a fast-growing company like Roblox can command a high double-digit P/S multiple, Activision and Zynga trade at an average P/S multiple of just 4. Garena is slightly more profitable than them and probably has more risk to the upside, so I&#39;ll use a P/S multiple of 5 for my implied valuation. This implies a P/E of about 10 for a business growing at around 10%, which is very reasonable in today&#39;s market.</p><p>This means Garena is worth $23.5B based on the high end of management&#39;s guidance.</p><p>I believe this valuation is actually conservative for a few reasons:</p><ul><li>Next year has tough comps and growth could re-accelerate in the following years or even next year, especially if Garena releases a new hit game. The growth rate past next quarter is not based on explicit guidance from the company, only industry forecasts.</li><li>The peer valuations I used are from companies also trading at the lower end of their valuation range for the past year.</li><li>Garena has a good track record and is continuing to invest in Free Fire. One example of this is the recently released Free Fire MAX, which improves the experience for users with higher-end phones and even adds a metaverse-like customizable map called Craftland. To me, this implies that Garena believes Free Fire is still in the earlier part of its lifecycle.</li><li>Although I&#39;d obviously prefer that Garena develops more games in house, in the meantime it&#39;s still not a one-trick pony. In addition to Free Fire, Garena distributes games from third-party developers like Tencent (OTCMKTS:OTCPK:TCEHY). These are popular titles like League of Legends and Call of Duty, which meaningfully diversify Garena&#39;s revenue.</li></ul><p><b>E-Commerce</b></p><p>Sea&#39;s e-commerce platform Shopee is currently its big growth driver. This platform is often considered the Amazon (NASDAQ:AMZN) of Southeast Asia, and it recently expanded into more markets including Brazil.</p><p>There&#39;s always some debate about who is really the Amazon of a region. Shopee certainly has competition, including from Alibaba&#39;s (NYSE:BABA) Lazada, Tokopedia in Indonesia, MercadoLibre (MELI) in Brazil, and even Amazon itself. With most of the competition being private or tucked away into a larger company, many of the competitors don&#39;t publish exact revenue numbers, which makes it difficult to measure the competition. Even Sea hasn&#39;t published explicit revenue numbers for some countries like Brazil.</p><p>One neutral source that can be assessed is the Alexa site rank, which as its name suggests ranks sites by their popularity. Keep in mind that these are ranks, so a lower score is better.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/180367a2b64bccebf243c5b6d8fb776a\" tg-width=\"455\" tg-height=\"353\" width=\"100%\" height=\"auto\"/><span>Source: The Author, compiled from Alexa</span></p><p>Shopee is very mobile-focused, but the above table only considers the website. To check App Store app ranks for the shopping category, we can use App Annie.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6544f014a5d70d13ee14dab0ac8b6782\" tg-width=\"422\" tg-height=\"403\" width=\"100%\" height=\"auto\"/><span>Source: The Author, compiled from AppAnnie</span></p><p>On the mobile side, there&#39;s no need to look at the competition because Shopee is consistently the number one shopping app in every country listed. In a mobile-first world, this bodes very well. Even on the web side, Shopee wins out except in a few specific regions like LATAM and (barely) Indonesia, which have more local competitors.</p><p>Of course, traffic doesn&#39;t always translate to GMV. But for a shopping app where most people will use the app to buy something, it&#39;s a decent proxy. A third party estimates that Shopee accounts for57%of all e-commerce in Southeast Asia. It&#39;s Shopee&#39;s dominance in the mobile app ranks and market share that make me consider it the Amazon of Southeast Asia.</p><p>So why would a company with so much potential sell off?</p><p>After the recent earnings report, some analysts expressed concern that Shopee is branching out into other countries like Poland and Mexico before validating its business model in the current markets. In these countries, Shopee has less of a presence; it&#39;s bounced between the 3-5 spots on the Mexico App Store for shopping apps, and between spots 1 and 3 in Poland. Although analysts hate uncertainty - and the CEO&#39;s comments that they don&#39;t have a concrete measure of success in these earlier stage countries won&#39;t help with that - Shopee has a history of entering new countries successfully and I am willing to give management some time to try expanding more. After all, if they&#39;re successful, then it could drive even more unexpected growth in the future.</p><p>Another complaint from analysts was that the basket size (average purchase size) is trending down. While that could also have contributed to the recent selloff, it&#39;s hard to complain when the overall sales increased a lot despite a decrease in basket size.</p><p>The company raised its guidance for e-commerce again in Q3, now guiding for $5.0B-$5.2B in 2021 e-commerce revenue. That&#39;s 75%-100% growth in Q4 and about 135% growth for the year. These are much more exciting numbers than the gaming side, although the guidance still implies a slight deceleration in Q4. But compared to Amazon&#39;s $340B in 2020 e-commerce sales, Shopee looks like it&#39;s just scratched the surface. E-commerce is at only11%penetration in Southeast Asia compared to18.7%in the USA, and Southeast Asia economies are generally growing faster than the USA&#39;s.</p><p>Despite being in a blue skies industry, it&#39;s more difficult to value the e-commerce segment because it operates at a loss (whereas the gaming segment is highly profitable). Shopee&#39;s success is not guaranteed because it&#39;s not clear at this point whether the platform can become profitable while retaining its market share. Stocks like this tend to experience more volatility, which could partially explain the recent selloff.</p><p>For unprofitable software companies, I like to use the Rule of 40 to assess the business. But it&#39;s difficult to apply this rule to a more cyclical e-commerce company with naturally lower margins. Even so, it&#39;s worth noting that despite being unprofitable, Sea&#39;s Rule of 40 score of 104 is better than most SaaS companies&#39;, and also better than e-commerce peers Amazon (21), MercadoLibre (73), and Alibaba (43).</p><p>To understand Shopee&#39;s terminal valuation once it becomes profitable, we can look at industry peers. Amazon is one profitable and slower-growing peer, and it trades at 4x P/S. AWS pushes this number up, but Amazon&#39;s high exposure to first-party sales offsets that. Other e-commerce marketplace peers trade at similar valuations: Alibaba at 3x P/S, MercadoLibre at 9x P/S. All of these valuations are basically all-time lows.</p><p>If Shopee keeps doubling revenue over the next couple of years (which it&#39;s easily done every year since 2016), becomes profitable (which scaling up tends to help with), and will have Amazon&#39;s P/S multiple in two years, then at 16 P/S today it would trade flat for two years. But if it keeps growing much faster than Amazon over a longer period like a decade, and/or if the overall industry multiples expand to more normal historical levels, then even at 16x P/S this segment has potential upside. On the other hand, if it stops growing or never becomes profitable then investors will be very disappointed at any P/S.</p><p>Given this wide range of outcomes, each person is going to have their own way of valuing this segment. For me, when I look at Shopee&#39;s mobile dominance, relatively small current size, the funding coming in from Garena, and the precedent set by Amazon, Alibaba, and MercadoLibre for the sustainable long-term success of this business model, I am optimistic about this segment&#39;s future. I recognize that it&#39;s currently an unprofitable and thus risky segment, but I also see the massive potential.</p><p>So I am happy paying a 16x P/S multiple, which values the e-commerce segment at $83.2B. Some people will call that way too high, and those people will probably never get a chance to invest in this company, for better or for worse.</p><p>Thus, with just Garena and Shopee, I have Sea being worth $106.7B. Its current market cap is $123.1B. To account for the difference, let&#39;s look at the other parts of Sea.</p><p><b>FinTech &amp; Investments</b></p><p>The easiest addition to my computed valuation is Sea&#39;s $12B cash pile, partially offset by $4B in debt. This adds some nice optionality to the company and ensures that it won&#39;t be bankrupt any time soon despite losing money with Shopee. Adding in the $8B cash difference puts my computed valuation at $114.7B, just $8.4B short of the actual valuation.</p><p>Then there is Sea&#39;s FinTech arm, SeaMoney. The main product here is a mobile wallet, which was responsible for $4.6B in payment volume in the last quarter (~$20B over a year). This segment accounted for $132 million in Q3 revenue, up a whopping 818% year over year. This implies a &#34;take rate&#34; of 2.9%, which is even better than established FinTech companies like Visa (V). Because of this high take rate, I&#39;m not worried about SeaMoney losing money while it scales.</p><p>Despite SeaMoney being a small segment, it&#39;s now reaching a point where it can be factored into the valuation. Maybe it&#39;s only worth a couple of billion, but this is just the start. Five years ago, nobody would have expected that an e-commerce platform accounting for 5% of Sea&#39;s sales would today be worth more than the gaming segment. But Sea&#39;s management - combined with Garena&#39;s ability to fund new segments and drive their viral adoption - made it happen. It&#39;s certainly not guaranteed that Sea will have the same success with FinTech, but there is precedent for it.</p><p>If one day this segment is worth a third or more of Sea (in 2020, FinTech accounted for 36% of MercadoLibre&#39;s revenue) then getting it for just 7% of the business today will be well worth it, even if that implies a somewhat high 16x P/S multiple for the segment today. Actually, this multiple is already lower than Visa&#39;s, Mastercard&#39;s (NYSE:MA), and Affirm&#39;s (NASDAQ:AFRM). Realistically, a segment growing at 818% year over year should probably get a higher multiple than these slower-growing companies&#39;, but we don&#39;t even need to speculate about what a fair multiple is, since we can reach Sea&#39;s current valuation by using 16x P/S in my model valuation.</p><p>One way this segment could grow even more is through the introduction of more products besides the mobile wallet. Sea noted in their recent earnings that they have started &#34;early initiatives in other digital financial services such as buy now pay later, digital bank, and insurtech.&#34; These guys sure know how to hop on the latest high growth trend.</p><p>Finally, there&#39;s the investments arm. Sea is investing in early-stage tech companies, especially in Southeast Asia. There&#39;s strong precedent for companies like Tencent (which is itself an investor in Sea) and Shopify (NYSE:SHOP) managing successful investment portfolios that ultimately factor meaningfully into their valuation. Right now Sea&#39;s investment arm is very early stage, so I don&#39;t include it in my valuation model. But it doesn&#39;t have to be factored in to justify the current share price. It&#39;s just one more area that might be worth a large part of Sea one day.</p><p><b>Conclusion</b></p><p>Looking at each of Sea&#39;s segments, my valuation model indicates that Sea is fairly valued today. However, my model doesn&#39;t account for the significant optionality of the newer segments. Just like e-commerce did over the last five years, FinTech (and/or investments) could grow to become a very large part of Sea&#39;s business. With the FinTech segment currently growing at 818% year over year, it doesn&#39;t take much imagination to see how this happens. Just another year or two of growth at something close to that rate will make the FinTech arm impossible for investors to ignore.</p><p>This optionality combined general strength in each business has allowed Sea to post an average revenue beat of 7% over the past year. Earnings haven&#39;t been as strong, and I expect that to be the main point of contention with my valuation model, as is the case for most unprofitable companies. In particular, I expect some readers will disagree with my valuation of the e-commerce segment. But even if you drop e-commerce all the way down to 5x P/S (a multiple seen today by much slower growing e-commerce companies) that implies 54% downside from today&#39;s prices. It&#39;s a steep drop for sure, but most companies in today&#39;s market would be looking at such a decline if one were to use the most conservative valuation standards possible.</p><p>Only fast-growing companies like Sea can quickly offset such a decline with revenue growth. As a result, the businesses with the most long-term potential will hardly ever trade at the most conservative valuation possible. And Sea certainly has long-term potential. It&#39;s one of the few high-growth companies I own that I could see reaching a trillion-dollar market cap this decade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106092668","content_text":"Sea Limited shares jumped more than 4% in morning trading.Also Read:Sea Limited: A Deep Dive To Understand The Recent SelloffSummarySea Limited is a highly diversified business firing on all cylinders in some of the fastest-growing economies in the world.I dive into each of its segments to understand the recent selloff and justify the current valuation.I consider Sea one of my ten highest conviction investments.kokkai/iStock Unreleased via Getty ImagesThesisA by-parts analysis of Sea Limited's (NYSE:SE) segments shows that its current valuation is roughly fair, but there are many long-term growth drivers that could surprise to the upside and drive very strong returns for years to come.IntroductionI recently wrote an article highlighting my top 10 stock picks for 2022. I'd already done an in-depth analysis of my other nine picks in other Seeking Alpha articles, so I thought it would be good to close out the year with an article about Sea.Furthermore, with shares down significantly over the past couple of months (but still slightly up for the year), I believe this article may prove timely. I don't speculate on short-term market movements, but I personally added to my Sea shares recently. It's one of my only losing positions that I didn't sell out of temporarily for tax-loss harvesting, and in this article, I will explain why Sea is such a high conviction holding for me.It's also worth noting that many professional investors seem to share this opinion. Sea is the 121st largest company in the world, but it's the16thmost popular holding among hedge funds. This implies that big money is overweight Sea, with 71% of shares held by institutions.Because Sea operates in many different areas, I will do a separate analysis of each of its operating segments to justify its current valuation and explain how that valuation could drive unexpectedly strong returns for years.GamingSea Limited's gaming segment Garena is best known for Free Fire, a mobile battle royale game that was developed in-house.The game was released in 2017 and has been very popular ever since. It currently has the second most monthly active users among all Android games globally. The game is available worldwide, but it's particularly popular in emerging markets like SEA, LATAM, and India, where it's been the highest-grossing mobile game for over two years.With the game having been popular for a long time already, there's some concern that gamers will move on to the next big thing. Although there are some mobile games that are older than Free Fire and still very popular - like Roblox, Clash of Clans, and Pokemon Go - there are many more that have been forgotten. Until Garena releases more games and proves that it can be successful with them too, there will always be questions about whether its studio is a one-hit wonder.Regardless, Garena is a critical part of Sea because it's the only profitable segment and it doubles a social platform that provides free advertising for Sea's non-gaming products. Cross-promotion is a huge competitive advantage for Sea.Thus, one reason for Sea's recent selloff could be the Q4 guidance implied for Garena.Source: Earnings Call PresentationIn Q2 this year, Garena raised its guidance to $4.5B-$4.7B for 2021 bookings (up from $4.3B-$4.5B). With the first three quarters already totaling $3.5B, this implies that Q4 bookings will come in at $1.0B-$1.2B, up between 0% and 20% year over year, and likely down sequentially. This is compared to 29% growth in the most recent quarter and 44% projected growth for the full year.While 20% isn't a terrible deceleration, 0% certainly is. Even 20% growth isn't spectacular compared to the historic levels. At the 10% midpoint, Garena's growth looks more similar to that of a mature company like Activision (NASDAQ:ATVI) or Zynga (NASDAQ:ZNGA) than a fast-growing company like Roblox (NYSE:RBLX).Garena's implied valuation should - and did - suffer as a result. While a fast-growing company like Roblox can command a high double-digit P/S multiple, Activision and Zynga trade at an average P/S multiple of just 4. Garena is slightly more profitable than them and probably has more risk to the upside, so I'll use a P/S multiple of 5 for my implied valuation. This implies a P/E of about 10 for a business growing at around 10%, which is very reasonable in today's market.This means Garena is worth $23.5B based on the high end of management's guidance.I believe this valuation is actually conservative for a few reasons:Next year has tough comps and growth could re-accelerate in the following years or even next year, especially if Garena releases a new hit game. The growth rate past next quarter is not based on explicit guidance from the company, only industry forecasts.The peer valuations I used are from companies also trading at the lower end of their valuation range for the past year.Garena has a good track record and is continuing to invest in Free Fire. One example of this is the recently released Free Fire MAX, which improves the experience for users with higher-end phones and even adds a metaverse-like customizable map called Craftland. To me, this implies that Garena believes Free Fire is still in the earlier part of its lifecycle.Although I'd obviously prefer that Garena develops more games in house, in the meantime it's still not a one-trick pony. In addition to Free Fire, Garena distributes games from third-party developers like Tencent (OTCMKTS:OTCPK:TCEHY). These are popular titles like League of Legends and Call of Duty, which meaningfully diversify Garena's revenue.E-CommerceSea's e-commerce platform Shopee is currently its big growth driver. This platform is often considered the Amazon (NASDAQ:AMZN) of Southeast Asia, and it recently expanded into more markets including Brazil.There's always some debate about who is really the Amazon of a region. Shopee certainly has competition, including from Alibaba's (NYSE:BABA) Lazada, Tokopedia in Indonesia, MercadoLibre (MELI) in Brazil, and even Amazon itself. With most of the competition being private or tucked away into a larger company, many of the competitors don't publish exact revenue numbers, which makes it difficult to measure the competition. Even Sea hasn't published explicit revenue numbers for some countries like Brazil.One neutral source that can be assessed is the Alexa site rank, which as its name suggests ranks sites by their popularity. Keep in mind that these are ranks, so a lower score is better.Source: The Author, compiled from AlexaShopee is very mobile-focused, but the above table only considers the website. To check App Store app ranks for the shopping category, we can use App Annie.Source: The Author, compiled from AppAnnieOn the mobile side, there's no need to look at the competition because Shopee is consistently the number one shopping app in every country listed. In a mobile-first world, this bodes very well. Even on the web side, Shopee wins out except in a few specific regions like LATAM and (barely) Indonesia, which have more local competitors.Of course, traffic doesn't always translate to GMV. But for a shopping app where most people will use the app to buy something, it's a decent proxy. A third party estimates that Shopee accounts for57%of all e-commerce in Southeast Asia. It's Shopee's dominance in the mobile app ranks and market share that make me consider it the Amazon of Southeast Asia.So why would a company with so much potential sell off?After the recent earnings report, some analysts expressed concern that Shopee is branching out into other countries like Poland and Mexico before validating its business model in the current markets. In these countries, Shopee has less of a presence; it's bounced between the 3-5 spots on the Mexico App Store for shopping apps, and between spots 1 and 3 in Poland. Although analysts hate uncertainty - and the CEO's comments that they don't have a concrete measure of success in these earlier stage countries won't help with that - Shopee has a history of entering new countries successfully and I am willing to give management some time to try expanding more. After all, if they're successful, then it could drive even more unexpected growth in the future.Another complaint from analysts was that the basket size (average purchase size) is trending down. While that could also have contributed to the recent selloff, it's hard to complain when the overall sales increased a lot despite a decrease in basket size.The company raised its guidance for e-commerce again in Q3, now guiding for $5.0B-$5.2B in 2021 e-commerce revenue. That's 75%-100% growth in Q4 and about 135% growth for the year. These are much more exciting numbers than the gaming side, although the guidance still implies a slight deceleration in Q4. But compared to Amazon's $340B in 2020 e-commerce sales, Shopee looks like it's just scratched the surface. E-commerce is at only11%penetration in Southeast Asia compared to18.7%in the USA, and Southeast Asia economies are generally growing faster than the USA's.Despite being in a blue skies industry, it's more difficult to value the e-commerce segment because it operates at a loss (whereas the gaming segment is highly profitable). Shopee's success is not guaranteed because it's not clear at this point whether the platform can become profitable while retaining its market share. Stocks like this tend to experience more volatility, which could partially explain the recent selloff.For unprofitable software companies, I like to use the Rule of 40 to assess the business. But it's difficult to apply this rule to a more cyclical e-commerce company with naturally lower margins. Even so, it's worth noting that despite being unprofitable, Sea's Rule of 40 score of 104 is better than most SaaS companies', and also better than e-commerce peers Amazon (21), MercadoLibre (73), and Alibaba (43).To understand Shopee's terminal valuation once it becomes profitable, we can look at industry peers. Amazon is one profitable and slower-growing peer, and it trades at 4x P/S. AWS pushes this number up, but Amazon's high exposure to first-party sales offsets that. Other e-commerce marketplace peers trade at similar valuations: Alibaba at 3x P/S, MercadoLibre at 9x P/S. All of these valuations are basically all-time lows.If Shopee keeps doubling revenue over the next couple of years (which it's easily done every year since 2016), becomes profitable (which scaling up tends to help with), and will have Amazon's P/S multiple in two years, then at 16 P/S today it would trade flat for two years. But if it keeps growing much faster than Amazon over a longer period like a decade, and/or if the overall industry multiples expand to more normal historical levels, then even at 16x P/S this segment has potential upside. On the other hand, if it stops growing or never becomes profitable then investors will be very disappointed at any P/S.Given this wide range of outcomes, each person is going to have their own way of valuing this segment. For me, when I look at Shopee's mobile dominance, relatively small current size, the funding coming in from Garena, and the precedent set by Amazon, Alibaba, and MercadoLibre for the sustainable long-term success of this business model, I am optimistic about this segment's future. I recognize that it's currently an unprofitable and thus risky segment, but I also see the massive potential.So I am happy paying a 16x P/S multiple, which values the e-commerce segment at $83.2B. Some people will call that way too high, and those people will probably never get a chance to invest in this company, for better or for worse.Thus, with just Garena and Shopee, I have Sea being worth $106.7B. Its current market cap is $123.1B. To account for the difference, let's look at the other parts of Sea.FinTech & InvestmentsThe easiest addition to my computed valuation is Sea's $12B cash pile, partially offset by $4B in debt. This adds some nice optionality to the company and ensures that it won't be bankrupt any time soon despite losing money with Shopee. Adding in the $8B cash difference puts my computed valuation at $114.7B, just $8.4B short of the actual valuation.Then there is Sea's FinTech arm, SeaMoney. The main product here is a mobile wallet, which was responsible for $4.6B in payment volume in the last quarter (~$20B over a year). This segment accounted for $132 million in Q3 revenue, up a whopping 818% year over year. This implies a \"take rate\" of 2.9%, which is even better than established FinTech companies like Visa (V). Because of this high take rate, I'm not worried about SeaMoney losing money while it scales.Despite SeaMoney being a small segment, it's now reaching a point where it can be factored into the valuation. Maybe it's only worth a couple of billion, but this is just the start. Five years ago, nobody would have expected that an e-commerce platform accounting for 5% of Sea's sales would today be worth more than the gaming segment. But Sea's management - combined with Garena's ability to fund new segments and drive their viral adoption - made it happen. It's certainly not guaranteed that Sea will have the same success with FinTech, but there is precedent for it.If one day this segment is worth a third or more of Sea (in 2020, FinTech accounted for 36% of MercadoLibre's revenue) then getting it for just 7% of the business today will be well worth it, even if that implies a somewhat high 16x P/S multiple for the segment today. Actually, this multiple is already lower than Visa's, Mastercard's (NYSE:MA), and Affirm's (NASDAQ:AFRM). Realistically, a segment growing at 818% year over year should probably get a higher multiple than these slower-growing companies', but we don't even need to speculate about what a fair multiple is, since we can reach Sea's current valuation by using 16x P/S in my model valuation.One way this segment could grow even more is through the introduction of more products besides the mobile wallet. Sea noted in their recent earnings that they have started \"early initiatives in other digital financial services such as buy now pay later, digital bank, and insurtech.\" These guys sure know how to hop on the latest high growth trend.Finally, there's the investments arm. Sea is investing in early-stage tech companies, especially in Southeast Asia. There's strong precedent for companies like Tencent (which is itself an investor in Sea) and Shopify (NYSE:SHOP) managing successful investment portfolios that ultimately factor meaningfully into their valuation. Right now Sea's investment arm is very early stage, so I don't include it in my valuation model. But it doesn't have to be factored in to justify the current share price. It's just one more area that might be worth a large part of Sea one day.ConclusionLooking at each of Sea's segments, my valuation model indicates that Sea is fairly valued today. However, my model doesn't account for the significant optionality of the newer segments. Just like e-commerce did over the last five years, FinTech (and/or investments) could grow to become a very large part of Sea's business. With the FinTech segment currently growing at 818% year over year, it doesn't take much imagination to see how this happens. Just another year or two of growth at something close to that rate will make the FinTech arm impossible for investors to ignore.This optionality combined general strength in each business has allowed Sea to post an average revenue beat of 7% over the past year. Earnings haven't been as strong, and I expect that to be the main point of contention with my valuation model, as is the case for most unprofitable companies. In particular, I expect some readers will disagree with my valuation of the e-commerce segment. But even if you drop e-commerce all the way down to 5x P/S (a multiple seen today by much slower growing e-commerce companies) that implies 54% downside from today's prices. It's a steep drop for sure, but most companies in today's market would be looking at such a decline if one were to use the most conservative valuation standards possible.Only fast-growing companies like Sea can quickly offset such a decline with revenue growth. As a result, the businesses with the most long-term potential will hardly ever trade at the most conservative valuation possible. And Sea certainly has long-term potential. It's one of the few high-growth companies I own that I could see reaching a trillion-dollar market cap this decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176611715,"gmtCreate":1626879553037,"gmtModify":1703479888128,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Don't stop the music&nbsp;","listText":"Don't stop the music&nbsp;","text":"Don't stop the music","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/176611715","repostId":"1107219983","repostType":4,"repost":{"id":"1107219983","pubTimestamp":1626858926,"share":"https://ttm.financial/m/news/1107219983?lang=&edition=fundamental","pubTime":"2021-07-21 17:15","market":"us","language":"en","title":"Here Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600","url":"https://stock-news.laohu8.com/highlight/detail?id=1107219983","media":"zerohedge","summary":"Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head glob","content":"<p>Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as if the global economy is entering late cycle,<b>our research suggests the recovery is still in early-cycle</b>and gradually transitioning towards mid-cycle.\" And echoing his JPM colleague and fellow Croat, Marko Kolanovic, who yesterdayadvised clients to stop freaking out about the delta variant(advise which markets are taking to heart today), Dubravko writes that the largest commercial bank remains \"constructive on equities and see the latest round of growth and slowdown fears premature and overblown.\"</p>\n<p><img src=\"https://static.tigerbbs.com/52b0923c42b8b316b85e56a776fa3337\" tg-width=\"1132\" tg-height=\"1215\" width=\"100%\" height=\"auto\">Elaborating on why he is sanguine about the current Delta case breakout, Lakos-Bujas writes that \"we remain of the view that this latest wave will not derail the broader reopening process. While cases have gone up, deaths / hospitalizations remain low and stable due to broadening vaccination rollout and self-immunity from prior waves.\"</p>\n<p><img src=\"https://static.tigerbbs.com/d396ca943f750f3a3bcb38e01a53cbdf\" tg-width=\"772\" tg-height=\"546\" width=\"100%\" height=\"auto\">The strategist then argues that \"reopening of the economy is not an event but rather a process, which in our opinion is still not priced-in, and especially not now given recent market moves. For instance, an increasing number of reopening stocks are now down 30-50% from 1Q21 highs (i.e. travel, cruise lines, oil) and some have reversed back to last year June levels when COVID-19 uncertainty and economic setup were vastly worse than today.\"</p>\n<p>Given the above, JPM sees \"increasingly compelling\" risk/reward for the reopening theme, which can be expressed through Consumer Recovery (JPAMCONR &lt;Index&gt;), Domestic Recovery (JPAMCRDB &lt;Index&gt;) and International Recovery (JPAMCRIB &lt;Index&gt;) baskets, see Fig 1.\" Additionally, JPm argues that global mobility remains nascent and its normalization will continue to release pent-up demand, while tight inventories and new orders bode positively for global growth.</p>\n<p><img src=\"https://static.tigerbbs.com/dc9c52172685e208ffe19abe53233205\" tg-width=\"958\" tg-height=\"959\" width=\"100%\" height=\"auto\">Combining all this bullishness,<b>the JPM equity strategist is revising his EPS estimates higher by an additional $5 to $205 for 2021 and raises the bank's long-held 2021 year-end price target of 4,400 to 4,600, due to the following considerations:</b></p>\n<blockquote>\n At a thematic/sector level, the risk/reward for reopening stocks has improved significantly with the recent pullback creating many unusually attractive opportunities for investors to re-enter various parts of the cyclical cohort. Consumer Discretionary (i.e. Retail, Travel &amp; Leisure), Semis, Banks and Energy are strong buys at current levels. For instance,\n <b>large-cap Energy is now trading at a ~10% FCF yield and a &gt;8% FCF/EV yield at $70 Brent in 2022, with leverage that is &lt;1x</b>. The sector has increasing potential for a sharp short squeeze and move higher, given its extreme disconnect from oil fundamentals (i.e. widest in 30+ years, Figure 10). In addition, our Semiconductor research argues that we are only 30-40% of the way into&nbsp; the current semiconductor upcycle and expect strong Y/Y growth into next year with positive EPS revisions for the next 3-4 quarters. Supply will likely remain tight into 2022, while demand remains strong (20-40% above companies’ ability to supply), thus this supply demand imbalance will persist through 2021. Although customers are responding to tight supply with higher than needed orders, ongoing supply tightness is limiting fulfillment. In fact, JPM expects channel and customer inventories to decline Q/Q again in the just completed June quarter.\n</blockquote>\n<p>Looking at the fundamentals, JPM predicts that S&amp;P 500 gains should also be supported by strong earnings growth and capital return until 2023,<b>and is why JPM is adjusting its above consensus S&amp;P 500 EPS by another $5 for 2022 to $230 (consensus $214) and 2023 to $250 (consensus $233).</b></p>\n<blockquote>\n This revision is largely due to global reopening which is delayed and bound to release further pent-up demand, inventory replenishment, rising profitability for Energy companies, and ongoing policy actions (childcare, infrastructure, etc). We expect cumulative revenue growth of ~30% by 2023 relative to pre-COVID (FY 2019), ~150bp net income margin expansion to a record high at over 13%, and gross buybacks nearing an annual pace of ~$1t during this period.\n</blockquote>\n<p>While all sectors are expected to contribute to earnings growth, JPM expects reflation sensitive sectors (Commodities, Financials, Industrials) and Consumer to do the heaviest lifting in the coming quarters in terms of beats and revisions.</p>\n<p>Putting it all together, Lakos-Bujas says that \"<b>considering this outlook for earnings and shareholder return, we are raising our Price Target to 4,600 for year-end 2021.\"</b></p>\n<p>But while any first year strategist can goalseek a fundamentally bullish narrative and chart it, as JPM has done below...</p>\n<p><img src=\"https://static.tigerbbs.com/41e87174356d968c69893caff66745e0\" tg-width=\"1072\" tg-height=\"1304\" width=\"100%\" height=\"auto\">... there is a very specific reason behind JPM's bullish reversal:<b>the coming surge in buybacks which will result in a boom in shareholder returns,</b>or as Dubravko notes, \"corporates have already increased gross buybacks from pandemic era low of $525b (trailing twelve months as of 1Q21) to an annualized run rate of ~$775b YTD and should surpass previous record of ~$850b (as of 1Q19).\"</p>\n<p><img src=\"https://static.tigerbbs.com/3b09d295af263e87277eaffbda47bb7c\" tg-width=\"1076\" tg-height=\"435\" width=\"100%\" height=\"auto\">In practical terms, JPM expects a sharp drop in the S&amp;P's share count in the next 24 months as the buyback-facilitated slow-motion LBO continues.</p>\n<p><img src=\"https://static.tigerbbs.com/ae94ad29f188e3aac5cdf92b9df65fc3\" tg-width=\"1048\" tg-height=\"396\" width=\"100%\" height=\"auto\">Some more details below on the one biggest catalyst behind JPM's SPX price target hike:</p>\n<blockquote>\n <b>Expecting a boom in shareholder return led by buybacks.</b>Buybacks are reemerging as a key theme with net buyback activity significantly improving this year after bottoming in 2Q20. Corporate buyback announcements, typically a leading indicator of buyback execution activity and corporate confidence, have already well-exceeded 2020 levels ($431B YTD vs. $307B 2020, see Figure 25). In fact,\n <b>the rebound in announcement activity is similar to the surge post-TCJA (see Figure 23) which is tracking towards and it is likely to easily surpass ~$650B by year-end and likely to see rolling 12-month announcements surpass prior record level of ~$1T.</b>Historically, buyback announcements have been concentrated within Technology and Financials. However, YTD we are seeing strong announcement activity from Communications as well (driven by GOOGL ~$50B in Apr). As a reminder, ~$90B of Tech’s $133B in announcements YTD is supported by AAPL and ~$25B of Financials' ~$92B is supported by BAC.\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/774d4e9c2550b27c62d10733947c8de4\" tg-width=\"1077\" tg-height=\"384\" width=\"100%\" height=\"auto\">With the June 30th lifting of pandemic era restriction on US Banks,<b>we could see some further pick-up in buyback announcements.</b>Dry powder (i.e. announced repurchase programs not yet executed) levels have been recovering to pre-pandemic levels (~$658B, see Figure 27) as executions have been relatively slower to rebound but should show a material sequential growth in the coming quarters. With record profit margins (~13% in 2022 vs ~11.5% in 2019), bloated cash levels of $2.0T ex-financials (vs. $1.6T pre- COVID), and lower high grade debt yields (JULI at 2.6% now, vs 3.3% prepandemic),<b>we are expecting a boom in buyback activity over the next year.</b>Gross buybacks should surpass the prior executed high of $850b.</p>\n<p><img src=\"https://static.tigerbbs.com/053354e7e2fc9ea74585b437e0d77f78\" tg-width=\"1076\" tg-height=\"415\" width=\"100%\" height=\"auto\">In summary,<i>assuming $875b in buybacks and dividend income of $575 over the next year,</i>JPM calculates that<b>the expected shareholder yield is 3.9%.</b>This, as Dubravko concludes, \"is a significant cross-asset valuation support for equities at a time when 10yr US bonds are yielding 1.2% and $13 trillion of global debt has a negative yield.\"</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>Here Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107219983","content_text":"Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as if the global economy is entering late cycle,our research suggests the recovery is still in early-cycleand gradually transitioning towards mid-cycle.\" And echoing his JPM colleague and fellow Croat, Marko Kolanovic, who yesterdayadvised clients to stop freaking out about the delta variant(advise which markets are taking to heart today), Dubravko writes that the largest commercial bank remains \"constructive on equities and see the latest round of growth and slowdown fears premature and overblown.\"\nElaborating on why he is sanguine about the current Delta case breakout, Lakos-Bujas writes that \"we remain of the view that this latest wave will not derail the broader reopening process. While cases have gone up, deaths / hospitalizations remain low and stable due to broadening vaccination rollout and self-immunity from prior waves.\"\nThe strategist then argues that \"reopening of the economy is not an event but rather a process, which in our opinion is still not priced-in, and especially not now given recent market moves. For instance, an increasing number of reopening stocks are now down 30-50% from 1Q21 highs (i.e. travel, cruise lines, oil) and some have reversed back to last year June levels when COVID-19 uncertainty and economic setup were vastly worse than today.\"\nGiven the above, JPM sees \"increasingly compelling\" risk/reward for the reopening theme, which can be expressed through Consumer Recovery (JPAMCONR <Index>), Domestic Recovery (JPAMCRDB <Index>) and International Recovery (JPAMCRIB <Index>) baskets, see Fig 1.\" Additionally, JPm argues that global mobility remains nascent and its normalization will continue to release pent-up demand, while tight inventories and new orders bode positively for global growth.\nCombining all this bullishness,the JPM equity strategist is revising his EPS estimates higher by an additional $5 to $205 for 2021 and raises the bank's long-held 2021 year-end price target of 4,400 to 4,600, due to the following considerations:\n\n At a thematic/sector level, the risk/reward for reopening stocks has improved significantly with the recent pullback creating many unusually attractive opportunities for investors to re-enter various parts of the cyclical cohort. Consumer Discretionary (i.e. Retail, Travel & Leisure), Semis, Banks and Energy are strong buys at current levels. For instance,\n large-cap Energy is now trading at a ~10% FCF yield and a >8% FCF/EV yield at $70 Brent in 2022, with leverage that is <1x. The sector has increasing potential for a sharp short squeeze and move higher, given its extreme disconnect from oil fundamentals (i.e. widest in 30+ years, Figure 10). In addition, our Semiconductor research argues that we are only 30-40% of the way into  the current semiconductor upcycle and expect strong Y/Y growth into next year with positive EPS revisions for the next 3-4 quarters. Supply will likely remain tight into 2022, while demand remains strong (20-40% above companies’ ability to supply), thus this supply demand imbalance will persist through 2021. Although customers are responding to tight supply with higher than needed orders, ongoing supply tightness is limiting fulfillment. In fact, JPM expects channel and customer inventories to decline Q/Q again in the just completed June quarter.\n\nLooking at the fundamentals, JPM predicts that S&P 500 gains should also be supported by strong earnings growth and capital return until 2023,and is why JPM is adjusting its above consensus S&P 500 EPS by another $5 for 2022 to $230 (consensus $214) and 2023 to $250 (consensus $233).\n\n This revision is largely due to global reopening which is delayed and bound to release further pent-up demand, inventory replenishment, rising profitability for Energy companies, and ongoing policy actions (childcare, infrastructure, etc). We expect cumulative revenue growth of ~30% by 2023 relative to pre-COVID (FY 2019), ~150bp net income margin expansion to a record high at over 13%, and gross buybacks nearing an annual pace of ~$1t during this period.\n\nWhile all sectors are expected to contribute to earnings growth, JPM expects reflation sensitive sectors (Commodities, Financials, Industrials) and Consumer to do the heaviest lifting in the coming quarters in terms of beats and revisions.\nPutting it all together, Lakos-Bujas says that \"considering this outlook for earnings and shareholder return, we are raising our Price Target to 4,600 for year-end 2021.\"\nBut while any first year strategist can goalseek a fundamentally bullish narrative and chart it, as JPM has done below...\n... there is a very specific reason behind JPM's bullish reversal:the coming surge in buybacks which will result in a boom in shareholder returns,or as Dubravko notes, \"corporates have already increased gross buybacks from pandemic era low of $525b (trailing twelve months as of 1Q21) to an annualized run rate of ~$775b YTD and should surpass previous record of ~$850b (as of 1Q19).\"\nIn practical terms, JPM expects a sharp drop in the S&P's share count in the next 24 months as the buyback-facilitated slow-motion LBO continues.\nSome more details below on the one biggest catalyst behind JPM's SPX price target hike:\n\nExpecting a boom in shareholder return led by buybacks.Buybacks are reemerging as a key theme with net buyback activity significantly improving this year after bottoming in 2Q20. Corporate buyback announcements, typically a leading indicator of buyback execution activity and corporate confidence, have already well-exceeded 2020 levels ($431B YTD vs. $307B 2020, see Figure 25). In fact,\n the rebound in announcement activity is similar to the surge post-TCJA (see Figure 23) which is tracking towards and it is likely to easily surpass ~$650B by year-end and likely to see rolling 12-month announcements surpass prior record level of ~$1T.Historically, buyback announcements have been concentrated within Technology and Financials. However, YTD we are seeing strong announcement activity from Communications as well (driven by GOOGL ~$50B in Apr). As a reminder, ~$90B of Tech’s $133B in announcements YTD is supported by AAPL and ~$25B of Financials' ~$92B is supported by BAC.\n\nWith the June 30th lifting of pandemic era restriction on US Banks,we could see some further pick-up in buyback announcements.Dry powder (i.e. announced repurchase programs not yet executed) levels have been recovering to pre-pandemic levels (~$658B, see Figure 27) as executions have been relatively slower to rebound but should show a material sequential growth in the coming quarters. With record profit margins (~13% in 2022 vs ~11.5% in 2019), bloated cash levels of $2.0T ex-financials (vs. $1.6T pre- COVID), and lower high grade debt yields (JULI at 2.6% now, vs 3.3% prepandemic),we are expecting a boom in buyback activity over the next year.Gross buybacks should surpass the prior executed high of $850b.\nIn summary,assuming $875b in buybacks and dividend income of $575 over the next year,JPM calculates thatthe expected shareholder yield is 3.9%.This, as Dubravko concludes, \"is a significant cross-asset valuation support for equities at a time when 10yr US bonds are yielding 1.2% and $13 trillion of global debt has a negative yield.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154530302,"gmtCreate":1625533265306,"gmtModify":1703743121476,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Don't think it is positive&nbsp;","listText":"Don't think it is positive&nbsp;","text":"Don't think it is positive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154530302","repostId":"1190430616","repostType":4,"repost":{"id":"1190430616","pubTimestamp":1625528334,"share":"https://ttm.financial/m/news/1190430616?lang=&edition=fundamental","pubTime":"2021-07-06 07:38","market":"us","language":"en","title":"OIL AND GAS Oil prices jump to multiyear highs after OPEC+ talks yield no production deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1190430616","media":"CNBC","summary":"Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil","content":"<div>\n<p>Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies werepostponed indefinitely, with the group failing to reach an agreement on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/05/oil-prices-jump-to-multiyear-highs-after-opec-talks-yield-no-production-deal-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OIL AND GAS Oil prices jump to multiyear highs after OPEC+ talks yield no production deal</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\">\nOIL AND GAS Oil prices jump to multiyear highs after OPEC+ talks yield no production deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 07:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/05/oil-prices-jump-to-multiyear-highs-after-opec-talks-yield-no-production-deal-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies werepostponed indefinitely, with the group failing to reach an agreement on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/05/oil-prices-jump-to-multiyear-highs-after-opec-talks-yield-no-production-deal-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/07/05/oil-prices-jump-to-multiyear-highs-after-opec-talks-yield-no-production-deal-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1190430616","content_text":"Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies werepostponed indefinitely, with the group failing to reach an agreement on production policy for August and beyond.\nWest Texas Intermediate crude futures, the U.S. oil benchmark, advanced 1.56%, or $1.17, to $76.33 per barrel, its highest level since October 2018. International benchmarkBrent cruderose 1.2%, or 93 cents, to $77.10 per barrel.\nDiscussions beganlast weekbetween OPEC and its allies, known as OPEC+, as the energy alliance sought to establish output policy for the remainder of the year. The group on Friday voted on a proposal that would have returned 400,000 barrels per day to the market each month from August through December, resulting in an additional 2 million barrels per day by the end of the year. Members also proposed extending the output cuts through the end of 2022.\nThe United Arab Emirates rejected these proposals, however, and talks stretched from Thursday to Friday as the group tried to reach a consensus. Initially, discussions were set to resume on Monday but were ultimately called off.\n“The date of the next meeting will be decided in due course,” OPEC Secretary General Mohammad Barkindo said in a statement.\nOPEC+ took historic measures in April 2020 and removed nearly 10 million barrels per day of production in an effort to support prices as demand for petroleum-products plummeted. Since then, the group has been slowly returning barrels to the market, while meeting on a near monthly basis to discuss output policy.\n“For us, it wasn’t a good deal,” UAE Minister of Energy and Infrastructure Suhail Al Mazroueitold CNBC on Sunday. He added that the country would support a short-term increase in supply, but wants better terms if the policy is to be extended through 2022.\nOil’s blistering rally this year — WTI has gained 57% during 2021 — meant that ahead of last week’s meeting many Wall Street analysts expected the group to boost production in an effort to curb the spike in prices.\n“With no increase in production, the forthcoming growth in demand should see global energy markets tighten up at an even faster pace than anticipated,” analysts at TD Securities wrote in a note to clients.\n“This impasse will lead to a temporary and significantly larger-than-anticipated deficit, which should fuel even higher prices for the time being. The summer breakout in oil prices is set to gather steam at a fast clip,” the firm added.\n— CNBC’s Sam Meredith contributed reporting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343737104,"gmtCreate":1617754851008,"gmtModify":1704702616093,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Things are still fine&nbsp;","listText":"Things are still fine&nbsp;","text":"Things are still fine","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/343737104","repostId":"1101907559","repostType":4,"repost":{"id":"1101907559","pubTimestamp":1617672655,"share":"https://ttm.financial/m/news/1101907559?lang=&edition=fundamental","pubTime":"2021-04-06 09:30","market":"us","language":"en","title":"Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time","url":"https://stock-news.laohu8.com/highlight/detail?id=1101907559","media":"marketwatch","summary":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were","content":"<blockquote>\n <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>\n</blockquote>\n<p>Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p>\n<p>In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p>\n<p>Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p>\n<p>The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p>\n<p>A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p>\n<p><b>Unregulated money managers</b></p>\n<p>Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p>\n<p>This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p>\n<p>The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p>\n<p>But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p>\n<p><b>Danger of counterparty risk</b></p>\n<p>This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p>\n<p>So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p>\n<p>One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p>\n<p>But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p>\n<p><b>Yellen on the case</b></p>\n<p>This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p>\n<p>Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p>\n<p>The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p>","source":"lsy1603348471595","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>Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time</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\">\nOpinion: Financial crises get triggered about every 10 years — Archegos might be right on time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of ...</p>\n\n<a href=\"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101907559","content_text":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.\nIn 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.\nExactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.\nThe trend? Every 10 years or so, and they all look different. Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?\nA family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.\nUnregulated money managers\nHere’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)\nThis appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player Vipshop Holdings Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company GSX Techedu Inc.GSX,-10.63%and U.S. media companiesViacomCBS Inc.VIAC,-3.90%and Discovery Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.\nThe problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%, Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc. NMR,+1.87%.\nBut since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.\nDanger of counterparty risk\nThis is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.\nSo is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.\nOne peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.\nBut federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.\nYellen on the case\nThis issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”\nMost financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.\nThe Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340271216,"gmtCreate":1617423444335,"gmtModify":1704699600896,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Keep buying&nbsp;","listText":"Keep buying&nbsp;","text":"Keep buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/340271216","repostId":"2124875875","repostType":4,"repost":{"id":"2124875875","pubTimestamp":1617366960,"share":"https://ttm.financial/m/news/2124875875?lang=&edition=fundamental","pubTime":"2021-04-02 20:36","market":"us","language":"en","title":"Tesla Q1 2021 Vehicle Production & Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=2124875875","media":"StreetInsider","summary":"PALO ALTO, Calif., April 02, 2021  -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.Forward-Looking Statements Statements herein regarding the timin","content":"<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.</p>\n<table>\n <tbody>\n  <tr>\n   <td></td>\n   <td><b>Production</b></td>\n   <td><b>Deliveries</b></td>\n   <td><b>Subject to operating lease accounting</b></td>\n  </tr>\n  <tr>\n   <td>Model S/X</td>\n   <td>-</td>\n   <td>2,020</td>\n   <td>6%</td>\n  </tr>\n  <tr>\n   <td>Model 3/Y</td>\n   <td>180,338</td>\n   <td>182,780</td>\n   <td>7%</td>\n  </tr>\n  <tr>\n   <td><b>Total</b></td>\n   <td><b>180,338</b></td>\n   <td><b>184,800</b></td>\n   <td><b>7%</b></td>\n  </tr>\n </tbody>\n</table>\n<p>***************</p>\n<p>Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only <a href=\"https://laohu8.com/S/AONE\">one</a> measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.</p>\n<p><b>Forward-Looking Statements</b>&nbsp;Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.</p>\n<p><img src=\"https://static.tigerbbs.com/db04c7b378cb2db912c3ba8a5a774ee3\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/c2196de8ba412c60c22ab491af7b1409\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q1 2021 Vehicle Production & Deliveries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q1 2021 Vehicle Production & Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18215929><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18215929\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18215929","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124875875","content_text":"PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.\n\n\n\n\nProduction\nDeliveries\nSubject to operating lease accounting\n\n\nModel S/X\n-\n2,020\n6%\n\n\nModel 3/Y\n180,338\n182,780\n7%\n\n\nTotal\n180,338\n184,800\n7%\n\n\n\n***************\nOur net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.\nForward-Looking Statements Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814587371,"gmtCreate":1630845543293,"gmtModify":1676530404847,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Just keep buying&nbsp;","listText":"Just keep buying&nbsp;","text":"Just keep buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814587371","repostId":"1168498795","repostType":4,"repost":{"id":"1168498795","pubTimestamp":1630655991,"share":"https://ttm.financial/m/news/1168498795?lang=&edition=fundamental","pubTime":"2021-09-03 15:59","market":"us","language":"en","title":"Speak No Evil of the S&P 500’s Neverending Records","url":"https://stock-news.laohu8.com/highlight/detail?id=1168498795","media":"The Wall Street Journal","summary":"Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the ch","content":"<blockquote>\n <b>Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.</b>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/6573eb955692f754acc1285622febd53\" tg-width=\"878\" tg-height=\"520\" width=\"100%\" height=\"auto\">The S&amp;P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.</p>\n<p>Some things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.</p>\n<p>On the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.</p>\n<p>Throughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.</p>\n<p>It is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.</p>\n<p>Similarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.</p>\n<p><img src=\"https://static.tigerbbs.com/7d8b995934c7f60fadb5834dd078e232\" tg-width=\"320\" tg-height=\"412\" width=\"100%\" height=\"auto\">Yet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&amp;P 500 is what puzzles me.</p>\n<p>The only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.</p>\n<p><img src=\"https://static.tigerbbs.com/37942e27b25662943d254580733d2954\" tg-width=\"325\" tg-height=\"413\" width=\"100%\" height=\"auto\">In both good and bad times investors want to buy stocks, so the S&amp;P goes up. But<i>which</i>stocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).</p>\n<p>The problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.</p>\n<p>A simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.</p>\n<p>Quantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.</p>\n<p>Getting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.</p>\n<p>The awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.</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>Speak No Evil of the S&P 500’s Neverending Records</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\">\nSpeak No Evil of the S&P 500’s Neverending Records\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 15:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.\n\nThe S&P 500 is like the three wise monkeys: See no evil, hear no ...</p>\n\n<a href=\"https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/speak-no-evil-of-the-s-p-500s-neverending-records-11630590653?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168498795","content_text":"Investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the chunky returns of the past decade.\n\nThe S&P 500 is like the three wise monkeys: See no evil, hear no evil, speak no evil.Whatever happens, it just goes up. The market has gone up almost in a straight line since November despite a troubling list of events that could each have justified at least a 5% correction. Investors are incredibly resilient.\nSome things that didn’t matter:a burst bubble in clean-energy stocks;a sharp rise in Treasury yields(to March);a big fall in Treasury yields(since March); China’s crackdown on moneymaking; the Federal Reserve’sshift toward tapering bond purchases; and the rise of the Delta variant.\nOn the optimistic side, it is great that the market has been pushed up by a variety of forces, not by wild excess in a single area. We need not worry that the bubble in clean energy will burst and bring down the market, because it has already burst without bringing down the market.\nThroughout all this, the stock market has risen steadily,without a 5% fall since shortly before the election last year. Every time part of the market—technology stocks, cheap stocks, smaller stocks, oil stocks, strong-balance-sheet stocks—stops performing, something else steps in to rescue the broader index. The market seems invulnerable to bad news, and that is unusual. On the face of it, it is also scary, suggesting investors are complacent about danger.\nIt is far from unprecedented to go a long time without a correction, with 10 episodes since 1963 when the market lasted more than 200 trading days without a 5% drop. But they were different from the recent run. In every other case, the market was far calmer below the surface. This time, major events led to big swings between sectors, size and types of stock, but none disturbed its steady rise.\nSimilarly, the stimulus- and vaccine-driven willingness to take risk across every asset class faded from March onward, so we shouldn’t be too concerned about a switch in investor sentiment. Again, it has already happened.\nYet,I find it disconcerting that the market seems to go up no matter what. Good news on the economy pushes up stocks sensitive to growth, such as manufacturers and banks. Troubling news on the economy means lower bond yields and so pushes up stocks with profits far in the future (see: Big Tech) whose expansion depends on innovation rather than economic growth, which I understand. That both should push up the wider S&P 500 is what puzzles me.\nThe only explanation I have is the old one: “TINA”—There Is No Alternative to Stocks—because yields on alternatives such as bonds are so low. With more savings going into stocks than is cashed out or soaked up by IPOs, the price has to rise. It isn’t a satisfactory story, but it kind of works.\nIn both good and bad times investors want to buy stocks, so the S&P goes up. Butwhichstocks they choose to buy differs between good and bad times. In good times they want risk-on stocks (cheap value, cyclicals, smaller companies, emerging markets). In bad times they want risk-off stocks (growth, defensive firms, larger companies, developed markets and especially the U.S.).\nThe problem with TINA is that the justification for stocks isn’t that they offer good returns in the future, but that they offer better returns than bonds. Bonds offer miserable returns—a guaranteed loss after inflation for 30 years on Treasury inflation-protected securities—so doing better than that isn’t saying much. If lower rewards came with lower risks, that would be fine, but at best the risks are as high as ever, perhaps much higher.\nA simplistic way to quantify how much lower the rewards of stocks are likely to be is to use the earnings yield, the inverse of the forward price/earnings ratio. If companies match analyst profit forecasts, future returns should be about 4%—only slightly higher than was suggested by the measure at the height of the dot-com bubble in 2000. If corporate earnings miss forecasts, future returns could be substantially lower. If valuations fall too, returns are doubly hit, as they were after the dot-com bubble burst, when returns ended up negative for years.\nQuantifying risks is much harder. Inflation risk is higher than before, and so are political (tax and regulation) and geopolitical (trade and supply chain) threats to stocks. The risk that analysts have horribly overestimated earnings or companies are massively overstating earnings is at least as high as usual. Central banks are sure to try to help if stocks plunge, but can’t use the traditional support of rate cuts. Alternative tools such as negative rates and buying a wider range of assets are available, but their risks are less well understood.\nGetting a lower reward for the same or higher risk may still be acceptable, given how expensive the safer alternatives are. But investors buying stocks no matter what shouldn’t fool themselves that the future will deliver the 6.5% or so above inflation of the past century, let alone the 12% above inflation of the past decade.\nThe awful choice investors have is to join the monkeys in pretending all is well, or accept the terrible returns of safe assets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804770831,"gmtCreate":1627984090223,"gmtModify":1703499087067,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Will end red","listText":"Will end red","text":"Will end red","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804770831","repostId":"2156144739","repostType":4,"repost":{"id":"2156144739","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1627983180,"share":"https://ttm.financial/m/news/2156144739?lang=&edition=fundamental","pubTime":"2021-08-03 17:33","market":"us","language":"en","title":"U.S. stock futures point higher as earnings season continues","url":"https://stock-news.laohu8.com/highlight/detail?id=2156144739","media":"Dow Jones","summary":"U.S. stock futures pointed to a return to winning ways Tuesday, as traders grappled with concerns ov","content":"<p>U.S. stock futures pointed to a return to winning ways Tuesday, as traders grappled with concerns over how the global economy will withstand a more deadly variant of coronavirus as well as Chinese regulatory action.</p>\n<p>U.S. stocks couldn't hold early gains on Monday as the Dow Jones Industrial Average and the S&amp;P 500 each ended lower, while the tech-heavy Nasdaq Composite squeaked out a slight gain. The combined volume on the New York Stock Exchange and Nasdaq was the seventh lowest of the year</p>\n<p><b>What's driving markets</b></p>\n<p>Mask mandates have been reintroduced in various U.S. regions including Louisiana and San Francisco to confront the delta strain of coronavirus. The U.S. did achieve the 70% vaccination target set by President Joe Biden. China announced fresh mass testing in Wuhan, the city where the disease was first discovered.</p>\n<p>There's plenty of earnings still coming. Mall operator Simon Property Group <a href=\"https://laohu8.com/S/SPG\">$(SPG)$</a> late Monday raised its full-year guidance and lifted its dividend payment after reporting 92% occupancy, while office building owner $Vornado Realty Trust(VNO-N)$ <a href=\"https://laohu8.com/S/VNO\">$(VNO)$</a> met second-quarter estimates and reported a 97% rent collection rate .</p>\n<p>Outdoor clothing maker Columbia Sportswear <a href=\"https://laohu8.com/S/COLM\">$(COLM)$</a> lifted its sales guidance. Video-games maker Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Interactive <a href=\"https://laohu8.com/S/TTWO\">$(TTWO)$</a> guided toward a weaker current quarter than analysts expected, and Chinese video games makers including Tencent tumbled in Hong Kong trade after a report suggested authorities would take action against them.</p>\n<p>In Europe, oil giant BP (BP.LN) and Chrysler maker Stellantis (STLA.MI) advanced after their quarterly results.</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>U.S. stock futures point higher as earnings season continues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stock futures point higher as earnings season continues\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-03 17:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock futures pointed to a return to winning ways Tuesday, as traders grappled with concerns over how the global economy will withstand a more deadly variant of coronavirus as well as Chinese regulatory action.</p>\n<p>U.S. stocks couldn't hold early gains on Monday as the Dow Jones Industrial Average and the S&amp;P 500 each ended lower, while the tech-heavy Nasdaq Composite squeaked out a slight gain. The combined volume on the New York Stock Exchange and Nasdaq was the seventh lowest of the year</p>\n<p><b>What's driving markets</b></p>\n<p>Mask mandates have been reintroduced in various U.S. regions including Louisiana and San Francisco to confront the delta strain of coronavirus. The U.S. did achieve the 70% vaccination target set by President Joe Biden. China announced fresh mass testing in Wuhan, the city where the disease was first discovered.</p>\n<p>There's plenty of earnings still coming. Mall operator Simon Property Group <a href=\"https://laohu8.com/S/SPG\">$(SPG)$</a> late Monday raised its full-year guidance and lifted its dividend payment after reporting 92% occupancy, while office building owner $Vornado Realty Trust(VNO-N)$ <a href=\"https://laohu8.com/S/VNO\">$(VNO)$</a> met second-quarter estimates and reported a 97% rent collection rate .</p>\n<p>Outdoor clothing maker Columbia Sportswear <a href=\"https://laohu8.com/S/COLM\">$(COLM)$</a> lifted its sales guidance. Video-games maker Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Interactive <a href=\"https://laohu8.com/S/TTWO\">$(TTWO)$</a> guided toward a weaker current quarter than analysts expected, and Chinese video games makers including Tencent tumbled in Hong Kong trade after a report suggested authorities would take action against them.</p>\n<p>In Europe, oil giant BP (BP.LN) and Chrysler maker Stellantis (STLA.MI) advanced after their quarterly results.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156144739","content_text":"U.S. stock futures pointed to a return to winning ways Tuesday, as traders grappled with concerns over how the global economy will withstand a more deadly variant of coronavirus as well as Chinese regulatory action.\nU.S. stocks couldn't hold early gains on Monday as the Dow Jones Industrial Average and the S&P 500 each ended lower, while the tech-heavy Nasdaq Composite squeaked out a slight gain. The combined volume on the New York Stock Exchange and Nasdaq was the seventh lowest of the year\nWhat's driving markets\nMask mandates have been reintroduced in various U.S. regions including Louisiana and San Francisco to confront the delta strain of coronavirus. The U.S. did achieve the 70% vaccination target set by President Joe Biden. China announced fresh mass testing in Wuhan, the city where the disease was first discovered.\nThere's plenty of earnings still coming. Mall operator Simon Property Group $(SPG)$ late Monday raised its full-year guidance and lifted its dividend payment after reporting 92% occupancy, while office building owner $Vornado Realty Trust(VNO-N)$ $(VNO)$ met second-quarter estimates and reported a 97% rent collection rate .\nOutdoor clothing maker Columbia Sportswear $(COLM)$ lifted its sales guidance. Video-games maker Take-Two Interactive $(TTWO)$ guided toward a weaker current quarter than analysts expected, and Chinese video games makers including Tencent tumbled in Hong Kong trade after a report suggested authorities would take action against them.\nIn Europe, oil giant BP (BP.LN) and Chrysler maker Stellantis (STLA.MI) advanced after their quarterly results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147931927,"gmtCreate":1626325771569,"gmtModify":1703757939094,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Please don't stop the music&nbsp;","listText":"Please don't stop the music&nbsp;","text":"Please don't stop the music","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/147931927","repostId":"2151548988","repostType":4,"repost":{"id":"2151548988","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":1626292832,"share":"https://ttm.financial/m/news/2151548988?lang=&edition=fundamental","pubTime":"2021-07-15 04:00","market":"us","language":"en","title":"S&P 500 ends higher after Powell lulls market","url":"https://stock-news.laohu8.com/highlight/detail?id=2151548988","media":"Reuters","summary":"Powell says economy 'a ways off' from bond taper.BofA slips as low interest rates hurt lending business.July 14  - The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.Of the 11 S&P 500 sector indexes, utilities and consumer staples were among the strongest, while energy sank over 3%.U.S. monetary policy will offer \"powerful support\" to the econ","content":"<p>(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)</p>\n<ul>\n <li>Powell says economy 'a ways off' from bond taper.</li>\n <li>BofA slips as low interest rates hurt lending business.</li>\n <li>American Airlines up on positive forecast.</li>\n</ul>\n<p>July 14 (Reuters) - The S&amp;P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.</p>\n<p>Of the 11 S&amp;P 500 sector indexes, utilities and consumer staples were among the strongest, while energy sank over 3%.</p>\n<p>U.S. monetary policy will offer \"powerful support\" to the economy \"until the recovery is complete,\" Powell told a congressional hearing in remarks that portrayed a recent jump in inflation as temporary and focused on the need for continued job growth.</p>\n<p>Powell's comments followed data this week showing U.S. producer prices increased more than expected in June and U.S. consumer prices rose by the most in 13 years.</p>\n<p>Investors in recent weeks have focused on inflation, with many fearing a possible hawkish shift by the Federal Reserve, as well as a spike in coronavirus infections that could knock U.S. equities off record highs.</p>\n<p>With banks kicking off second-quarter earnings season this week, analysts expect 66% growth in earnings per share for S&amp;P 500 companies, according to IBES estimate data from Refinitiv.</p>\n<p>The S&amp;P 500 is up about 16% so far this year, leading many investors to worry that the stock market rally may run out of steam, and they are looking to earnings to potentially provide more fuel.</p>\n<p>\"Everyone knows earnings are going to be very strong. The question is how the market reacts to those earnings, and what are the outlooks given by management. That is more critical than anything,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p>\n<p>Apple Inc hit a record high after Bloomberg reported that the company wants suppliers to increase production of its upcoming iPhone by about 20%.</p>\n<p>Microsoft also hit a record high after saying it will offer its Windows operating system as a cloud-based service, aiming to make it easier to access business apps that need Windows from a broader range of devices.</p>\n<p>Microsoft and Apple supported the S&amp;P 500 more than any other stocks.</p>\n<p>$Bank of America Corp(BAC-N)$ dropped after the lender posted its quarterly results and detailed its sensitivity to low interest rates</p>\n<p>Wells Fargo rose after it swung to a profit in the second quarter, smashing Wall Street expectations. Citigroup</p>\n<p>fell after comfortably beat market estimates for second-quarter profits.</p>\n<p>Those reports followed strong results on Tuesday from JPMorgan Chase &amp; Co and Goldman Sachs Group Inc .</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 0.12% to end at 34,930.34 points, while the S&amp;P 500 gained 0.10% to 4,373.55.</p>\n<p>The Nasdaq Composite dropped 0.26% to 14,639.60.</p>\n<p>American Airlines rallied after it forecast positive cash flow.</p>\n<p>Lululemon Athletica jumped after Goldman Sachs called the yoga pants seller a \"top idea\" as apparel makers benefit from the economic reopening.</p>\n<p>(Reporting by Noel Randewich; Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Maju Samuel and Cynthia Osterman)</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>S&P 500 ends higher after Powell lulls market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 ends higher after Powell lulls market\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\">2021-07-15 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)</p>\n<ul>\n <li>Powell says economy 'a ways off' from bond taper.</li>\n <li>BofA slips as low interest rates hurt lending business.</li>\n <li>American Airlines up on positive forecast.</li>\n</ul>\n<p>July 14 (Reuters) - The S&amp;P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.</p>\n<p>Of the 11 S&amp;P 500 sector indexes, utilities and consumer staples were among the strongest, while energy sank over 3%.</p>\n<p>U.S. monetary policy will offer \"powerful support\" to the economy \"until the recovery is complete,\" Powell told a congressional hearing in remarks that portrayed a recent jump in inflation as temporary and focused on the need for continued job growth.</p>\n<p>Powell's comments followed data this week showing U.S. producer prices increased more than expected in June and U.S. consumer prices rose by the most in 13 years.</p>\n<p>Investors in recent weeks have focused on inflation, with many fearing a possible hawkish shift by the Federal Reserve, as well as a spike in coronavirus infections that could knock U.S. equities off record highs.</p>\n<p>With banks kicking off second-quarter earnings season this week, analysts expect 66% growth in earnings per share for S&amp;P 500 companies, according to IBES estimate data from Refinitiv.</p>\n<p>The S&amp;P 500 is up about 16% so far this year, leading many investors to worry that the stock market rally may run out of steam, and they are looking to earnings to potentially provide more fuel.</p>\n<p>\"Everyone knows earnings are going to be very strong. The question is how the market reacts to those earnings, and what are the outlooks given by management. That is more critical than anything,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p>\n<p>Apple Inc hit a record high after Bloomberg reported that the company wants suppliers to increase production of its upcoming iPhone by about 20%.</p>\n<p>Microsoft also hit a record high after saying it will offer its Windows operating system as a cloud-based service, aiming to make it easier to access business apps that need Windows from a broader range of devices.</p>\n<p>Microsoft and Apple supported the S&amp;P 500 more than any other stocks.</p>\n<p>$Bank of America Corp(BAC-N)$ dropped after the lender posted its quarterly results and detailed its sensitivity to low interest rates</p>\n<p>Wells Fargo rose after it swung to a profit in the second quarter, smashing Wall Street expectations. Citigroup</p>\n<p>fell after comfortably beat market estimates for second-quarter profits.</p>\n<p>Those reports followed strong results on Tuesday from JPMorgan Chase &amp; Co and Goldman Sachs Group Inc .</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 0.12% to end at 34,930.34 points, while the S&amp;P 500 gained 0.10% to 4,373.55.</p>\n<p>The Nasdaq Composite dropped 0.26% to 14,639.60.</p>\n<p>American Airlines rallied after it forecast positive cash flow.</p>\n<p>Lululemon Athletica jumped after Goldman Sachs called the yoga pants seller a \"top idea\" as apparel makers benefit from the economic reopening.</p>\n<p>(Reporting by Noel Randewich; Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Maju Samuel and Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","POWL":"Powell Industries","SPXU":"三倍做空标普500ETF",".SPX":"S&P 500 Index","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","IVV":"标普500指数ETF",".IXIC":"NASDAQ Composite","SH":"标普500反向ETF","SDS":"两倍做空标普500ETF","OEX":"标普100","SSO":"两倍做多标普500ETF","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151548988","content_text":"(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)\n\nPowell says economy 'a ways off' from bond taper.\nBofA slips as low interest rates hurt lending business.\nAmerican Airlines up on positive forecast.\n\nJuly 14 (Reuters) - The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.\nOf the 11 S&P 500 sector indexes, utilities and consumer staples were among the strongest, while energy sank over 3%.\nU.S. monetary policy will offer \"powerful support\" to the economy \"until the recovery is complete,\" Powell told a congressional hearing in remarks that portrayed a recent jump in inflation as temporary and focused on the need for continued job growth.\nPowell's comments followed data this week showing U.S. producer prices increased more than expected in June and U.S. consumer prices rose by the most in 13 years.\nInvestors in recent weeks have focused on inflation, with many fearing a possible hawkish shift by the Federal Reserve, as well as a spike in coronavirus infections that could knock U.S. equities off record highs.\nWith banks kicking off second-quarter earnings season this week, analysts expect 66% growth in earnings per share for S&P 500 companies, according to IBES estimate data from Refinitiv.\nThe S&P 500 is up about 16% so far this year, leading many investors to worry that the stock market rally may run out of steam, and they are looking to earnings to potentially provide more fuel.\n\"Everyone knows earnings are going to be very strong. The question is how the market reacts to those earnings, and what are the outlooks given by management. That is more critical than anything,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.\nApple Inc hit a record high after Bloomberg reported that the company wants suppliers to increase production of its upcoming iPhone by about 20%.\nMicrosoft also hit a record high after saying it will offer its Windows operating system as a cloud-based service, aiming to make it easier to access business apps that need Windows from a broader range of devices.\nMicrosoft and Apple supported the S&P 500 more than any other stocks.\n$Bank of America Corp(BAC-N)$ dropped after the lender posted its quarterly results and detailed its sensitivity to low interest rates\nWells Fargo rose after it swung to a profit in the second quarter, smashing Wall Street expectations. Citigroup\nfell after comfortably beat market estimates for second-quarter profits.\nThose reports followed strong results on Tuesday from JPMorgan Chase & Co and Goldman Sachs Group Inc .\nUnofficially, the Dow Jones Industrial Average rose 0.12% to end at 34,930.34 points, while the S&P 500 gained 0.10% to 4,373.55.\nThe Nasdaq Composite dropped 0.26% to 14,639.60.\nAmerican Airlines rallied after it forecast positive cash flow.\nLululemon Athletica jumped after Goldman Sachs called the yoga pants seller a \"top idea\" as apparel makers benefit from the economic reopening.\n(Reporting by Noel Randewich; Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Maju Samuel and Cynthia Osterman)","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155474291,"gmtCreate":1625451306613,"gmtModify":1703741951573,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"For better&nbsp;","listText":"For better&nbsp;","text":"For better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155474291","repostId":"1169840279","repostType":4,"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136670136,"gmtCreate":1622016970025,"gmtModify":1704366137292,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"China number 1","listText":"China number 1","text":"China number 1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/136670136","repostId":"1182975704","repostType":4,"repost":{"id":"1182975704","pubTimestamp":1621990601,"share":"https://ttm.financial/m/news/1182975704?lang=&edition=fundamental","pubTime":"2021-05-26 08:56","market":"fut","language":"en","title":"China’s Yuan Hits Strongest Level in Nearly Three Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1182975704","media":"The Wall Street Journal","summary":"The currency has been buoyed by the country’s rapid recovery from the coronavirus pandemic.\n\nChina’s","content":"<blockquote>\n The currency has been buoyed by the country’s rapid recovery from the coronavirus pandemic.\n</blockquote>\n<p>China’s yuan has strengthened to a near-three-year high, boosted by a falling dollar despite attempts by the central bank to keep the currency in check.</p>\n<p>The yuan has been buoyed in recent months by the country’s rapid recovery from the coronavirus pandemic, and by a rush of international investment into China’s relatively high-yielding markets. The currency has also gained amid abroader bout of dollar weakness.</p>\n<p>On Tuesday, the offshore yuan strengthened below 6.4 per dollar, as Chinese stocks jumped thanks partly to a surge in foreign buying.</p>\n<p>Beijing would want to see slower yuan appreciationto support the economy, which is still fairly dependent on selling goods abroad, said Alvin Tan, head of Asia foreign-exchange strategy at RBC Capital Markets. While Chinese exports have surged since last year,a rallying yuan pressures exportersby making their goods more expensive when priced in dollars.</p>\n<p>Mr. Tan said the People’s Bank of China had been “leaning against the strength” of the currency by setting weaker-than-expected reference rates for onshore yuan trading for the past month.</p>\n<p><img src=\"https://static.tigerbbs.com/a7ef4ee3cc184ea84391adcdbe43b304\" tg-width=\"321\" tg-height=\"428\">The central bank fixes a daily midpoint for the onshore yuan, and only allows trading up to 2 percentage points above or below this level. This is part of a so-called managed floating-exchange-rate system based on the yuan’s value against a basket of currencies.</p>\n<p>The yuan is likely to stay between 6.4 and 6.5 to a dollar, while further appreciation could prompt stronger central bank action, said Paul Sandhu, head of multiasset quant solutions for Asia-Pacific at BNP Paribas Asset Management.</p>\n<p>“The government is quite happy with the range it is sitting at. If it breaks 6.4 and stays there for some time, they may move in to do something,” Mr. Sandhu said.</p>\n<p>On Tuesday in Hong Kong, the offshore yuan rallied about 0.2% to 6.3988 to the dollar, a level last hit in June 2018. The dollar weakened, with theICEU.S. Dollar Index declining nearly 0.3% to 89.61, its lowest since early January.</p>\n<p>China’s CSI 300 index, a gauge of the biggest shares listed in either Shanghai or Shenzhen, jumped 3.2%. Net foreign buying of mainland Chinese shares through Stock Connect, a trading link with Hong Kong, hit a record daily high of 21.7 billion yuan, or the equivalent of $3.4 billion.</p>\n<p>Tuesday’s yuan strength was also likely due in part to the coming month-end, before which exporters normally sell earnings in foreign currency to buy yuan, said Khoon Goh, head of Asia research atAustralia and New Zealand Banking GroupLtd.in Singapore.</p>\n<p>The central bank is eager to promote the idea that the currency won’t be volatile, but that it also won’t be a one-way bet for investors. On Sunday, a senior central-bank official said the yuan will remain “basically stable.” Liu Guoqiang, a deputy governor, said fluctuations in either direction will become the norm, with the exchange rate depending on supply and demand, and changes in global financial markets.</p>\n<p>Mr. Liu also said the current exchange-rate system was suitable for China. A researcher at the central bank recently called for China to stop controlling the rate to promote greater international use of the yuan. Another suggested the yuan should be allowed to rally, to offset rising prices for imported commodities.</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>China’s Yuan Hits Strongest Level in Nearly Three Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Yuan Hits Strongest Level in Nearly Three Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 08:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/chinas-yuan-hits-strongest-level-in-nearly-three-years-11621950836?cx_testId=200&cx_testVariant=cx_10&cx_artPos=1#cxrecs_s><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The currency has been buoyed by the country’s rapid recovery from the coronavirus pandemic.\n\nChina’s yuan has strengthened to a near-three-year high, boosted by a falling dollar despite attempts by ...</p>\n\n<a href=\"https://www.wsj.com/articles/chinas-yuan-hits-strongest-level-in-nearly-three-years-11621950836?cx_testId=200&cx_testVariant=cx_10&cx_artPos=1#cxrecs_s\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"source_url":"https://www.wsj.com/articles/chinas-yuan-hits-strongest-level-in-nearly-three-years-11621950836?cx_testId=200&cx_testVariant=cx_10&cx_artPos=1#cxrecs_s","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182975704","content_text":"The currency has been buoyed by the country’s rapid recovery from the coronavirus pandemic.\n\nChina’s yuan has strengthened to a near-three-year high, boosted by a falling dollar despite attempts by the central bank to keep the currency in check.\nThe yuan has been buoyed in recent months by the country’s rapid recovery from the coronavirus pandemic, and by a rush of international investment into China’s relatively high-yielding markets. The currency has also gained amid abroader bout of dollar weakness.\nOn Tuesday, the offshore yuan strengthened below 6.4 per dollar, as Chinese stocks jumped thanks partly to a surge in foreign buying.\nBeijing would want to see slower yuan appreciationto support the economy, which is still fairly dependent on selling goods abroad, said Alvin Tan, head of Asia foreign-exchange strategy at RBC Capital Markets. While Chinese exports have surged since last year,a rallying yuan pressures exportersby making their goods more expensive when priced in dollars.\nMr. Tan said the People’s Bank of China had been “leaning against the strength” of the currency by setting weaker-than-expected reference rates for onshore yuan trading for the past month.\nThe central bank fixes a daily midpoint for the onshore yuan, and only allows trading up to 2 percentage points above or below this level. This is part of a so-called managed floating-exchange-rate system based on the yuan’s value against a basket of currencies.\nThe yuan is likely to stay between 6.4 and 6.5 to a dollar, while further appreciation could prompt stronger central bank action, said Paul Sandhu, head of multiasset quant solutions for Asia-Pacific at BNP Paribas Asset Management.\n“The government is quite happy with the range it is sitting at. If it breaks 6.4 and stays there for some time, they may move in to do something,” Mr. Sandhu said.\nOn Tuesday in Hong Kong, the offshore yuan rallied about 0.2% to 6.3988 to the dollar, a level last hit in June 2018. The dollar weakened, with theICEU.S. Dollar Index declining nearly 0.3% to 89.61, its lowest since early January.\nChina’s CSI 300 index, a gauge of the biggest shares listed in either Shanghai or Shenzhen, jumped 3.2%. Net foreign buying of mainland Chinese shares through Stock Connect, a trading link with Hong Kong, hit a record daily high of 21.7 billion yuan, or the equivalent of $3.4 billion.\nTuesday’s yuan strength was also likely due in part to the coming month-end, before which exporters normally sell earnings in foreign currency to buy yuan, said Khoon Goh, head of Asia research atAustralia and New Zealand Banking GroupLtd.in Singapore.\nThe central bank is eager to promote the idea that the currency won’t be volatile, but that it also won’t be a one-way bet for investors. On Sunday, a senior central-bank official said the yuan will remain “basically stable.” Liu Guoqiang, a deputy governor, said fluctuations in either direction will become the norm, with the exchange rate depending on supply and demand, and changes in global financial markets.\nMr. Liu also said the current exchange-rate system was suitable for China. A researcher at the central bank recently called for China to stop controlling the rate to promote greater international use of the yuan. Another suggested the yuan should be allowed to rally, to offset rising prices for imported commodities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342099556,"gmtCreate":1618122391875,"gmtModify":1704706814875,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Gamblers will be back&nbsp;","listText":"Gamblers will be back&nbsp;","text":"Gamblers will be back","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/342099556","repostId":"2126333180","repostType":4,"repost":{"id":"2126333180","pubTimestamp":1617981480,"share":"https://ttm.financial/m/news/2126333180?lang=&edition=fundamental","pubTime":"2021-04-09 23:18","market":"us","language":"en","title":"Is Las Vegas Sands Stock a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2126333180","media":"Travis Hoium","summary":"This stock may not be an easy bet for investors.","content":"<p>The gambling industry has been completely decimated over the past year as the pandemic has shut down resorts around the world and caused consumers to be more cautious with their entertainment spending. But <b>Las Vegas Sands'</b> (NYSE:LVS) stock hasn't suffered much at all, falling only about 15% from peaks in early 2020, so there seems to be a recovery priced into the stock already.</p><p>Not only has casino revenue fallen over the past year, but online gambling has also become a very real competitor to the real-world casino. And Las Vegas Sands has almost no presence in that growing market. Is Las Vegas Sands now a value stock that will benefit from an economic recovery, or is this a company that the gambling world has passed by? Let's take a deeper look.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F620394%2Fmacau-skyline-at-night.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>What Las Vegas Sands was</h2><p>The last year doesn't really tell us much about what operations will look like as they open again, so let's start by looking at what revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) -- a proxy for cash flow from a resort -- looked like pre-pandemic.</p><p><img src=\"https://media.ycharts.com/charts/97e580af14bb8b8047116844a20f91f0.png\" tg-width=\"720\" tg-height=\"435\" referrerpolicy=\"no-referrer\"></p><p>LVS Revenue (TTM) data by YCharts</p><p>At the end of 2019, Las Vegas Sands had an enterprise value (equity value plus debt outstanding) of $62.3 billion, or 11.3 times EBITDA. That'll be important to note as we talk about the company's future.</p><h2>The pandemic was a disaster</h2><p>No matter how you look at it, the pandemic has been a disaster for Las Vegas Sands. The company saw revenue drop nearly 75%, and EBITDA went negative.</p><p><img src=\"https://media.ycharts.com/charts/132bb8f99c55348febf8be9b64437e7f.png\" tg-width=\"720\" tg-height=\"435\" referrerpolicy=\"no-referrer\"></p><p>LVS Revenue (TTM) data by YCharts</p><p>While some casino companies have relied on the U.S. market, which hasn't been hit as hard as Asia, Las Vegas Sands was highly reliant on Asia, which has had many more restrictions due to COVID-19. And the company is selling its Las Vegas properties for $6.25 billion, so in the future, it will be 100% reliant on Asia when that deal is closed.</p><p>Relying on Asia can be a double-edged sword for casino operators. The market is extremely big and very profitable when operations are going well, but operators are also at the whim of government regulations and restrictions. Macao has gone through ups and downs depending on how open China's visas are to the region. Singapore pushed through a higher tax rate even after Las Vegas Sands committed to spending $3.3 billion to expand Marina Bay Sands.</p><p>If Macao and Singapore gambling returns to 2019 levels sometime late this year or early next year, it would be great for gambling operations, but there's no guarantee that will happen, and we could see a very slow recovery in some countries where vaccine roll-outs aren't going as fast as they are in the U.S.</p><h2>Missing out on internet gambling</h2><p>One of the bigger mistakes late CEO Sheldon Adelson made was fighting online gambling in the U.S. Las Vegas Sands didn't just fail to invest in the booming business; it actively fought its legalization. That puts the company well behind competitors.</p><p>In 2020, online gambling reached $1.4 billion to $1.5 billion in gross gambling revenue in the U.S, according to H2 Gambling Capital, making up 20% of the market. Revenue is expected to grow rapidly as sports betting and iGaming are expanded across the U.S. with some expecting revenue to more than double. Las Vegas Sands may miss the boat entirely.</p><h2>Is there any value in Las Vegas Sands?</h2><p>At today's stock price, Las Vegas Sands' enterprise value (EV) is $59.9 billion, not much lower than it was at the end of 2019 despite the pandemic.</p><p>Even if we disregard the sale of Las Vegas operations, it'll be very difficult for Las Vegas Sands to return to the 11.3 EV/EBITDA multiple by the end of 2021. If Asian gamblers don't return in droves, the company may not reach 2019 EBITDA levels for years.</p><p>As we've seen, real growth in the gambling industry is in online gambling. What I'm most worried about is that Las Vegas Sands has no presence in that business. That's why Las Vegas Sands stock isn't a buy today, but given the potential for a sharp pandemic recovery in 2021, I wouldn't short the stock either.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Las Vegas Sands Stock a Buy?</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\">\nIs Las Vegas Sands Stock a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 23:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/09/is-las-vegas-sands-stock-a-buy/><strong>Travis Hoium</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The gambling industry has been completely decimated over the past year as the pandemic has shut down resorts around the world and caused consumers to be more cautious with their entertainment spending...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/09/is-las-vegas-sands-stock-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LVS":"金沙集团"},"source_url":"https://www.fool.com/investing/2021/04/09/is-las-vegas-sands-stock-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126333180","content_text":"The gambling industry has been completely decimated over the past year as the pandemic has shut down resorts around the world and caused consumers to be more cautious with their entertainment spending. But Las Vegas Sands' (NYSE:LVS) stock hasn't suffered much at all, falling only about 15% from peaks in early 2020, so there seems to be a recovery priced into the stock already.Not only has casino revenue fallen over the past year, but online gambling has also become a very real competitor to the real-world casino. And Las Vegas Sands has almost no presence in that growing market. Is Las Vegas Sands now a value stock that will benefit from an economic recovery, or is this a company that the gambling world has passed by? Let's take a deeper look.Image source: Getty Images.What Las Vegas Sands wasThe last year doesn't really tell us much about what operations will look like as they open again, so let's start by looking at what revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) -- a proxy for cash flow from a resort -- looked like pre-pandemic.LVS Revenue (TTM) data by YChartsAt the end of 2019, Las Vegas Sands had an enterprise value (equity value plus debt outstanding) of $62.3 billion, or 11.3 times EBITDA. That'll be important to note as we talk about the company's future.The pandemic was a disasterNo matter how you look at it, the pandemic has been a disaster for Las Vegas Sands. The company saw revenue drop nearly 75%, and EBITDA went negative.LVS Revenue (TTM) data by YChartsWhile some casino companies have relied on the U.S. market, which hasn't been hit as hard as Asia, Las Vegas Sands was highly reliant on Asia, which has had many more restrictions due to COVID-19. And the company is selling its Las Vegas properties for $6.25 billion, so in the future, it will be 100% reliant on Asia when that deal is closed.Relying on Asia can be a double-edged sword for casino operators. The market is extremely big and very profitable when operations are going well, but operators are also at the whim of government regulations and restrictions. Macao has gone through ups and downs depending on how open China's visas are to the region. Singapore pushed through a higher tax rate even after Las Vegas Sands committed to spending $3.3 billion to expand Marina Bay Sands.If Macao and Singapore gambling returns to 2019 levels sometime late this year or early next year, it would be great for gambling operations, but there's no guarantee that will happen, and we could see a very slow recovery in some countries where vaccine roll-outs aren't going as fast as they are in the U.S.Missing out on internet gamblingOne of the bigger mistakes late CEO Sheldon Adelson made was fighting online gambling in the U.S. Las Vegas Sands didn't just fail to invest in the booming business; it actively fought its legalization. That puts the company well behind competitors.In 2020, online gambling reached $1.4 billion to $1.5 billion in gross gambling revenue in the U.S, according to H2 Gambling Capital, making up 20% of the market. Revenue is expected to grow rapidly as sports betting and iGaming are expanded across the U.S. with some expecting revenue to more than double. Las Vegas Sands may miss the boat entirely.Is there any value in Las Vegas Sands?At today's stock price, Las Vegas Sands' enterprise value (EV) is $59.9 billion, not much lower than it was at the end of 2019 despite the pandemic.Even if we disregard the sale of Las Vegas operations, it'll be very difficult for Las Vegas Sands to return to the 11.3 EV/EBITDA multiple by the end of 2021. If Asian gamblers don't return in droves, the company may not reach 2019 EBITDA levels for years.As we've seen, real growth in the gambling industry is in online gambling. What I'm most worried about is that Las Vegas Sands has no presence in that business. That's why Las Vegas Sands stock isn't a buy today, but given the potential for a sharp pandemic recovery in 2021, I wouldn't short the stock either.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951023883,"gmtCreate":1673360943242,"gmtModify":1676538824126,"author":{"id":"3576061323846814","authorId":"3576061323846814","name":"Corn is Gold","avatar":"https://static.tigerbbs.com/a28f0c9c918d2ce99c3d3f9eee4309fa","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576061323846814","authorIdStr":"3576061323846814"},"themes":[],"htmlText":"Fed must stick to its plan to bring down inflation, else risk of inflation come biting in 2H23","listText":"Fed must stick to its plan to bring down inflation, else risk of inflation come biting in 2H23","text":"Fed must stick to its plan to bring down inflation, else risk of inflation come biting in 2H23","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9951023883","repostId":"1150400563","repostType":2,"repost":{"id":"1150400563","pubTimestamp":1673359337,"share":"https://ttm.financial/m/news/1150400563?lang=&edition=fundamental","pubTime":"2023-01-10 22:02","market":"us","language":"en","title":"Jerome Powell Says Bringing Down Inflation Could Fuel Political Opposition","url":"https://stock-news.laohu8.com/highlight/detail?id=1150400563","media":"The Wall Street Journal","summary":"The Federal Reserve is strongly committedto lowering inflationeven though interest-rate increases to","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/76f4b771dee982b9c4ca47490cef716f\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/>The Federal Reserve is strongly committedto lowering inflationeven though interest-rate increases to restrain economic growth could fuel political blowback, said Chair Jerome Powell.</p><p>“Price stability is the bedrock of a healthy economy and provides the public with immeasurable benefits over time,” Mr. Powell said Tuesday in remarks prepared for delivery on panel discussion in Stockholm. “But restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy.”</p><p>The Fed’s institutional arrangements—in which policy makers set interest rates without direct control by Congress or the White House, sometimes referred to as its “independence”—allows the central bank “to take these necessary measures without considering short-term political factors,” Mr. Powell said.</p><p>Mr. Powell’s prepared remarks didn’t otherwise comment on the Fed’scoming interest-rate decisionsand instead highlighted the importance of central bank independence as well as the steps needed to safeguard that policy-setting autonomy. He addressed a conference focused on central bank independence that was convened by Sweden’s central bank.</p><p>The Fed raised its benchmark short-term interest rate aggressively last year, from near zero in March to just below 4.5% by the end of the year. Officials have signaled their intention to lift the rate above 5% this year, extending the fastest sequence of increases since the early 1980s to combat inflation that has also been near a 40-year high.</p><p>Mr. Powell was confirmed last spring with broad bipartisan Senate support to a second four-year term as the Fed’s chair. But some senior Democratic lawmakers have more recently voiced alarm at the Fed’s rapid rate rises.</p><p>The chairman of the Senate Banking Committee, Sen.Sherrod Brown(D., Ohio), and the top Democrat on the House Financial Services Committee, Rep.Maxine Waters(D., Calif.), separately sent letters to Mr. Powell last fall warning against overdoing rate increases. “You must not lose sight of your responsibility to ensure that we have full employment,” Mr. Brown wrote in October.</p><p>Other critics have been more outspoken. “There is a big difference between landing a plane and crashing it,” Sen. Elizabeth Warren (D., Mass.) said at a conference in November. “Powell risks pushing our economy off a cliff.”</p><p>Mr. Powell has said the central bank is trying to avoid unnecessary economic damage, including higher unemployment, by slowing the pace of its rate rises. But he has repeatedly warned that there would likely be some pain in bringing down high inflation.</p><p>In his remarks, Mr. Powell said he believes the “benefits of independent monetary policy in the U.S. context are well understood and broadly accepted.” He also said grants of independence to regulatory agencies should be “exceedingly rare, explicit, tightly circumscribed, and limited to those issues that clearly warrant protection from short-term political considerations.”</p><p>In exchange for such autonomy, Mr. Powell said the Fed “ should ‘stick to our knitting’ and not wander off” into addressing policy issues that aren’t directly linked to its mandate to keep inflation low and to support a strong job market.</p><p>Some Democrats and environmental groups have put pressure on the central bank to take a more activist role in policing bank lending decisions to address climate change. Mr. Powell on Tuesday argued for a far more limited role in which the Fed monitors how banks are managing an array of financial risks, including those posed by climate change.</p><p>“Without explicit congressional legislation, it would be inappropriate for us to use our monetary policy or supervisory tools to promote a greener economy or to achieve other climate-based goals,” he said. “We are not, and will not be, a ‘climate policy maker.’ ”</p><p></p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jerome Powell Says Bringing Down Inflation Could Fuel Political Opposition</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\">\nJerome Powell Says Bringing Down Inflation Could Fuel Political Opposition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-10 22:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jerome-powell-says-bringing-down-inflation-could-fuel-political-opposition-11673358963?mod=Searchresults_pos1&page=1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve is strongly committedto lowering inflationeven though interest-rate increases to restrain economic growth could fuel political blowback, said Chair Jerome Powell.“Price stability ...</p>\n\n<a href=\"https://www.wsj.com/articles/jerome-powell-says-bringing-down-inflation-could-fuel-political-opposition-11673358963?mod=Searchresults_pos1&page=1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/jerome-powell-says-bringing-down-inflation-could-fuel-political-opposition-11673358963?mod=Searchresults_pos1&page=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150400563","content_text":"The Federal Reserve is strongly committedto lowering inflationeven though interest-rate increases to restrain economic growth could fuel political blowback, said Chair Jerome Powell.“Price stability is the bedrock of a healthy economy and provides the public with immeasurable benefits over time,” Mr. Powell said Tuesday in remarks prepared for delivery on panel discussion in Stockholm. “But restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy.”The Fed’s institutional arrangements—in which policy makers set interest rates without direct control by Congress or the White House, sometimes referred to as its “independence”—allows the central bank “to take these necessary measures without considering short-term political factors,” Mr. Powell said.Mr. Powell’s prepared remarks didn’t otherwise comment on the Fed’scoming interest-rate decisionsand instead highlighted the importance of central bank independence as well as the steps needed to safeguard that policy-setting autonomy. He addressed a conference focused on central bank independence that was convened by Sweden’s central bank.The Fed raised its benchmark short-term interest rate aggressively last year, from near zero in March to just below 4.5% by the end of the year. Officials have signaled their intention to lift the rate above 5% this year, extending the fastest sequence of increases since the early 1980s to combat inflation that has also been near a 40-year high.Mr. Powell was confirmed last spring with broad bipartisan Senate support to a second four-year term as the Fed’s chair. But some senior Democratic lawmakers have more recently voiced alarm at the Fed’s rapid rate rises.The chairman of the Senate Banking Committee, Sen.Sherrod Brown(D., Ohio), and the top Democrat on the House Financial Services Committee, Rep.Maxine Waters(D., Calif.), separately sent letters to Mr. Powell last fall warning against overdoing rate increases. “You must not lose sight of your responsibility to ensure that we have full employment,” Mr. Brown wrote in October.Other critics have been more outspoken. “There is a big difference between landing a plane and crashing it,” Sen. Elizabeth Warren (D., Mass.) said at a conference in November. “Powell risks pushing our economy off a cliff.”Mr. Powell has said the central bank is trying to avoid unnecessary economic damage, including higher unemployment, by slowing the pace of its rate rises. But he has repeatedly warned that there would likely be some pain in bringing down high inflation.In his remarks, Mr. Powell said he believes the “benefits of independent monetary policy in the U.S. context are well understood and broadly accepted.” He also said grants of independence to regulatory agencies should be “exceedingly rare, explicit, tightly circumscribed, and limited to those issues that clearly warrant protection from short-term political considerations.”In exchange for such autonomy, Mr. Powell said the Fed “ should ‘stick to our knitting’ and not wander off” into addressing policy issues that aren’t directly linked to its mandate to keep inflation low and to support a strong job market.Some Democrats and environmental groups have put pressure on the central bank to take a more activist role in policing bank lending decisions to address climate change. Mr. Powell on Tuesday argued for a far more limited role in which the Fed monitors how banks are managing an array of financial risks, including those posed by climate change.“Without explicit congressional legislation, it would be inappropriate for us to use our monetary policy or supervisory tools to promote a greener economy or to achieve other climate-based goals,” he said. “We are not, and will not be, a ‘climate policy maker.’ ”","news_type":1},"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}