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LLTrader
2021-06-25
The tiger event is such a scam
LLTrader
2021-06-24
Hope today my stocks will do better
LLTrader
2021-06-23
Hope today will be a green day
LLTrader
2021-06-22
Hope today market will be green
LLTrader
2021-06-21
Hope today my stocks will do better
LLTrader
2021-06-20
Hello world
LLTrader
2021-06-19
Hi everyone have a nice day
LLTrader
2021-06-18
Hi everyone have a nice day
LLTrader
2021-06-17
Hi everyone. Have a good day
LLTrader
2021-06-16
Happy 7th anniversary to tiger broker
LLTrader
2021-03-22
Like please. Thanks
RLX Technology stock plunged 41% on Reports China to Strengthen e-Cigarette Regulation
LLTrader
2021-03-19
Like and comment
LLTrader
2021-03-18
Please like and comment
Don’t Count on Bitcoin to Be a Sure-Thing Inflation Hedge
LLTrader
2021-03-17
Good buy
LLTrader
2021-03-17
Haiz
Stocks Mixed as Fed Decision Looms. Tech Stocks Under Pressure
LLTrader
2021-03-17
To the moon
GameStop stock rose more than 10%
LLTrader
2021-03-16
Like and comment please
Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts
LLTrader
2021-03-16
$Tiger Brokers(TIGR)$
hope the streak continues
LLTrader
2021-03-15
Not doing well
LLTrader
2021-03-15
Time to buy
LIVE MARKETS-European equities: bet on financials
Go to Tiger App to see more news
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Have a good day","listText":"Hi everyone. Have a good day","text":"Hi everyone. Have a good day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161951517","isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169132783,"gmtCreate":1623820901042,"gmtModify":1703820510194,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Happy 7th anniversary to tiger broker","listText":"Happy 7th anniversary to tiger broker","text":"Happy 7th anniversary to tiger broker","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169132783","isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359453389,"gmtCreate":1616421344841,"gmtModify":1704793873624,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Like please. Thanks","listText":"Like please. Thanks","text":"Like please. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359453389","repostId":"1192564804","repostType":4,"repost":{"id":"1192564804","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":1616420819,"share":"https://ttm.financial/m/news/1192564804?lang=&edition=fundamental","pubTime":"2021-03-22 21:46","market":"us","language":"en","title":"RLX Technology stock plunged 41% on Reports China to Strengthen e-Cigarette Regulation","url":"https://stock-news.laohu8.com/highlight/detail?id=1192564804","media":"Tiger Newspress","summary":"RLX Technology stock plunged 41% in Monday morning trading as China mulls bringing e-cigarette regul","content":"<p>RLX Technology stock plunged 41% in Monday morning trading as China mulls bringing e-cigarette regulation in line with traditional tobacco products.</p><p><img src=\"https://static.tigerbbs.com/fffbdb0f1b1a4ca9f5a8bf5c4e6804b8\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Two of China's regulators plan to bring the rules governing the sale of e-cigarettes and other new tobacco products in line with those for ordinary cigarettes.</p><p>The Ministry of Industry and Information Technology (MIIT) and China's State Tobacco Monopoly Administration, posted online the draft regulations that could potentially curb a fast-growing industry.</p><p>In 2019, a string of Chinese e-cigarette companies emerged targeting the domestic market, following the overseas success of the Juul.</p><p>The most successful among them, RLX Technology Inc, raised $1.4 billion in an IPO in January that valued the company at $35 billion.</p><p>RLX Technology did not immediately respond to a request for comment.</p><p>A huge market of smokers and its large electronics manufacturing industry makes China a promising market for the e-cigarette industry.</p><p>Yet the sector exists in precarious regulatory area.</p><p>China's tobacco industry is controlled entirely via a government monopoly, and strict controls determine what companies and retailers can produce and sell cigarettes.</p><p>Cigarette sales generated 5.45% of China's overall tax revenue in 2018. For this reason, industry experts have long expected the state to intervene in the business operations of China's private e-cigarette companies.</p><p>In November 2019, Chinese regulators forbid e-commerce platforms from selling e-cigarette products online. The ban swiftly curbed the growth of the sector, and many brands focused their business toward offline sales.</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>RLX Technology stock plunged 41% on Reports China to Strengthen e-Cigarette Regulation</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\">\nRLX Technology stock plunged 41% on Reports China to Strengthen e-Cigarette Regulation\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\">2021-03-22 21:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>RLX Technology stock plunged 41% in Monday morning trading as China mulls bringing e-cigarette regulation in line with traditional tobacco products.</p><p><img src=\"https://static.tigerbbs.com/fffbdb0f1b1a4ca9f5a8bf5c4e6804b8\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Two of China's regulators plan to bring the rules governing the sale of e-cigarettes and other new tobacco products in line with those for ordinary cigarettes.</p><p>The Ministry of Industry and Information Technology (MIIT) and China's State Tobacco Monopoly Administration, posted online the draft regulations that could potentially curb a fast-growing industry.</p><p>In 2019, a string of Chinese e-cigarette companies emerged targeting the domestic market, following the overseas success of the Juul.</p><p>The most successful among them, RLX Technology Inc, raised $1.4 billion in an IPO in January that valued the company at $35 billion.</p><p>RLX Technology did not immediately respond to a request for comment.</p><p>A huge market of smokers and its large electronics manufacturing industry makes China a promising market for the e-cigarette industry.</p><p>Yet the sector exists in precarious regulatory area.</p><p>China's tobacco industry is controlled entirely via a government monopoly, and strict controls determine what companies and retailers can produce and sell cigarettes.</p><p>Cigarette sales generated 5.45% of China's overall tax revenue in 2018. For this reason, industry experts have long expected the state to intervene in the business operations of China's private e-cigarette companies.</p><p>In November 2019, Chinese regulators forbid e-commerce platforms from selling e-cigarette products online. The ban swiftly curbed the growth of the sector, and many brands focused their business toward offline sales.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RLX":"雾芯科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192564804","content_text":"RLX Technology stock plunged 41% in Monday morning trading as China mulls bringing e-cigarette regulation in line with traditional tobacco products.Two of China's regulators plan to bring the rules governing the sale of e-cigarettes and other new tobacco products in line with those for ordinary cigarettes.The Ministry of Industry and Information Technology (MIIT) and China's State Tobacco Monopoly Administration, posted online the draft regulations that could potentially curb a fast-growing industry.In 2019, a string of Chinese e-cigarette companies emerged targeting the domestic market, following the overseas success of the Juul.The most successful among them, RLX Technology Inc, raised $1.4 billion in an IPO in January that valued the company at $35 billion.RLX Technology did not immediately respond to a request for comment.A huge market of smokers and its large electronics manufacturing industry makes China a promising market for the e-cigarette industry.Yet the sector exists in precarious regulatory area.China's tobacco industry is controlled entirely via a government monopoly, and strict controls determine what companies and retailers can produce and sell cigarettes.Cigarette sales generated 5.45% of China's overall tax revenue in 2018. For this reason, industry experts have long expected the state to intervene in the business operations of China's private e-cigarette companies.In November 2019, Chinese regulators forbid e-commerce platforms from selling e-cigarette products online. The ban swiftly curbed the growth of the sector, and many brands focused their business toward offline sales.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350996144,"gmtCreate":1616146257288,"gmtModify":1704791514659,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Like and comment ","listText":"Like and comment ","text":"Like and comment","images":[{"img":"https://static.tigerbbs.com/3840c0c46c7201d0b7d081a26d9df0a1","width":"1080","height":"2941"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350996144","isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":324756495,"gmtCreate":1616033288717,"gmtModify":1704789991287,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/324756495","repostId":"1106621187","repostType":2,"repost":{"id":"1106621187","pubTimestamp":1616032135,"share":"https://ttm.financial/m/news/1106621187?lang=&edition=fundamental","pubTime":"2021-03-18 09:48","market":"fut","language":"en","title":"Don’t Count on Bitcoin to Be a Sure-Thing Inflation Hedge","url":"https://stock-news.laohu8.com/highlight/detail?id=1106621187","media":"Bloomberg","summary":"Cryptocurrency’s history is too short to judge whether it can provide protection against rising pric","content":"<p>Cryptocurrency’s history is too short to judge whether it can provide protection against rising prices.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c6b7f8b18b1c6a2cc07d9cd116dd0b9\" tg-width=\"2200\" tg-height=\"1467\"><span>ILLUSTRATION: OSCAR BOLTON GREEN FOR BLOOMBERG BUSINESSWEEK</span></p>\n<p>Hardcore Bitcoin enthusiasts say the digital coin is the world’s best hedge against rising consumer prices. The logic: Unlike U.S. dollars or any other normal currency, it’s designed to have a limited supply, so it can’t be devalued by a government or a central bank distributing too much of it.</p>\n<p>Almost every bull case on Bitcoin has looked prescient lately—the cryptocurrency is trading at around $57,000 a coin, up from about $5,000 a year ago—so that’s added some buzz to this inflation story. With the economic outlook perking up, Covid-19 cases falling, and greater amounts of fiscal stimulus on the horizon, investors in all kinds of assets seem to expect a bit of a rise in prices. But that’s coming from a very modest base. Over the past year, the inflation rate in the U.S. has been 1.7%.</p>\n<p>And then there’s the question of whether the digital asset would really act as an effective hedge. It doesn’t have a long enough history to establish that, says Cam Harvey, senior adviser to Research Affiliates and a professor of finance at Duke University. Theoretically, if investors come to regard it as similar to gold, Bitcoin might hold its value over a very long term—as in a century or more, Harvey says. In their research on gold, he and his colleagues have found that it has held its value well for millenniums. But they also found that it’s prone to manias and crashes over shorter periods. (Gold, notably, is down 9% this year despite all the inflation talk.)</p>\n<p>Bitcoin too has swung wildly in its short life, for reasons barely connected to anyone’s view on inflation. “What’s going to happen to Bitcoin? It’s really unclear,” Harvey says. “The price is not just driven by the money-supply rule, it’s driven by other speculative forces. That’s why it’s multiple times more volatile than the stock market.” It’s conceivable that a bout of inflation could have the opposite of the expected effect on Bitcoin. If inflation induced a recession, for example, investors might respond by stepping away from riskier assets such as cryptocurrencies.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce435a81cc78c3d3603759acc02615bd\" tg-width=\"2200\" tg-height=\"1467\"><span>Ark Investment Management’s Cathie Wood says she’s as concerned about deflationary forces as she is with inflation.PHOTOGRAPHER: ALEX FLYNN/BLOOMBERG</span></p>\n<p>In recent weeks, when investors concerned about inflation pushed the 10-year Treasury yield from 1.34% to as high as 1.62%, Bitcoin suffered its worst drop in months. Crypto proponents argue that Bitcoin traders long ago anticipated bond yields would rise—and a subsequent spike in yields did roughly track with a bump in crypto. Still, Bitcoin’s recent moves bear at least a passing resemblance to more straightforward speculative trades.</p>\n<p>Bitcoin has received astamp of a pproval from more than a handful of notable Wall Streeters, including veteran hedge fund manager Paul Tudor Jones, who say they like it as a store of wealth. “That is certainly an element that has driven investment by institutions, particularly in the wake of the ways in which policymakers have worked to jump-start the economy” after the Covid slowdown, says Michael Sonnenshein, chief executive officer at Grayscale Investments, which runs a fund that holds Bitcoin. “Certainly we have no shortage of global macro investors for whom adding Bitcoin has acted for them as a hedge for inflation.”</p>\n<p>Bitcoin’s strongest advocates see its rising price as an early-warning sign that the traditional financial system is vulnerable, and argue that the cryptocurrency could rise further as investors look for a haven. Such arguments hinge on the idea that inflation won’t just edge up with a growing economy, but could explode as a result of so-called money printing.</p>\n<p>The Federal Reserve doesn’t change the money supply by literally printing bills. However, a measure of the amount of money in the financial system known as M2 has increased, thanks in part to accommodative policy. Fed Chairman Jerome Powell said in recent congressional testimony that the growth of the money supply no longer has important implications for the economic outlook. “We’ve had big growth of monetary aggregates at various times without inflation,” he said. “So it’s something we have to unlearn.”</p>\n<p>Jim Paulsen, chief investment strategist at the Leuthold Group, agrees. While there may be more money, its velocity—or the frequency with which money changes hands—has dropped off. That’s a crucial factor because it shows money is being saved rather than spent, which keeps price pressures muted. But even if velocity turns higher, offsetting disinflationary forces could still come into play, including an aging population and digital technology’s propensity to push prices down. “Inflation is turning up a little bit, but I don’t think that means that crypto is going to go nuts,” Paulsen says.</p>\n<p>Bitcoin is unlike most other inflation hedges. Its value is based entirely on other people’s willingness to hold it: The digital token isn’t tied to any other asset, such as oil or real estate or earnings from a business, that might naturally rise in value along with consumer prices. It’s possible that inflation could go up and it’s possible that Bitcoin could too, but the two aren’t necessarily linked. One of Bitcoin’s best-known bulls,Ark Investment Management founder Cathie Wood, said in a recent webinar that she’s as concerned about the forces of deflation—or falling prices—as she is with inflation.</p>\n<p>“The kindling wood for inflation exists,” says Marc Chandler, chief market strategist at Bannockburn Global Forex. “One has to make a judgment about whether there’s sufficient spark.” Instead of looking at Bitcoin prices as a weather vane of inflation, he prefers to look at signals such asoil prices, shipping costs, or the price of semiconductors. They’re all rising as the economy gains steam, but that doesn’t mean the dollar’s being undercut by a flood of printed money. “The high priests of the cryptocurrency space look for any reason to help their case,” he says. “I’m still hesitant to think that Bitcoin tells us anything about high-frequency economic variables.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Don’t Count on Bitcoin to Be a Sure-Thing Inflation Hedge</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\">\nDon’t Count on Bitcoin to Be a Sure-Thing Inflation Hedge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-18 09:48 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-03-17/is-bitcoin-an-inflation-hedge-the-opposite-effect-could-happen-in-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cryptocurrency’s history is too short to judge whether it can provide protection against rising prices.\nILLUSTRATION: OSCAR BOLTON GREEN FOR BLOOMBERG BUSINESSWEEK\nHardcore Bitcoin enthusiasts say the...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-17/is-bitcoin-an-inflation-hedge-the-opposite-effect-could-happen-in-recession\">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","PYPL":"PayPal","SQ":"Block","GBTC":"Grayscale Bitcoin Trust","ARKK":"ARK Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-17/is-bitcoin-an-inflation-hedge-the-opposite-effect-could-happen-in-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106621187","content_text":"Cryptocurrency’s history is too short to judge whether it can provide protection against rising prices.\nILLUSTRATION: OSCAR BOLTON GREEN FOR BLOOMBERG BUSINESSWEEK\nHardcore Bitcoin enthusiasts say the digital coin is the world’s best hedge against rising consumer prices. The logic: Unlike U.S. dollars or any other normal currency, it’s designed to have a limited supply, so it can’t be devalued by a government or a central bank distributing too much of it.\nAlmost every bull case on Bitcoin has looked prescient lately—the cryptocurrency is trading at around $57,000 a coin, up from about $5,000 a year ago—so that’s added some buzz to this inflation story. With the economic outlook perking up, Covid-19 cases falling, and greater amounts of fiscal stimulus on the horizon, investors in all kinds of assets seem to expect a bit of a rise in prices. But that’s coming from a very modest base. Over the past year, the inflation rate in the U.S. has been 1.7%.\nAnd then there’s the question of whether the digital asset would really act as an effective hedge. It doesn’t have a long enough history to establish that, says Cam Harvey, senior adviser to Research Affiliates and a professor of finance at Duke University. Theoretically, if investors come to regard it as similar to gold, Bitcoin might hold its value over a very long term—as in a century or more, Harvey says. In their research on gold, he and his colleagues have found that it has held its value well for millenniums. But they also found that it’s prone to manias and crashes over shorter periods. (Gold, notably, is down 9% this year despite all the inflation talk.)\nBitcoin too has swung wildly in its short life, for reasons barely connected to anyone’s view on inflation. “What’s going to happen to Bitcoin? It’s really unclear,” Harvey says. “The price is not just driven by the money-supply rule, it’s driven by other speculative forces. That’s why it’s multiple times more volatile than the stock market.” It’s conceivable that a bout of inflation could have the opposite of the expected effect on Bitcoin. If inflation induced a recession, for example, investors might respond by stepping away from riskier assets such as cryptocurrencies.\nArk Investment Management’s Cathie Wood says she’s as concerned about deflationary forces as she is with inflation.PHOTOGRAPHER: ALEX FLYNN/BLOOMBERG\nIn recent weeks, when investors concerned about inflation pushed the 10-year Treasury yield from 1.34% to as high as 1.62%, Bitcoin suffered its worst drop in months. Crypto proponents argue that Bitcoin traders long ago anticipated bond yields would rise—and a subsequent spike in yields did roughly track with a bump in crypto. Still, Bitcoin’s recent moves bear at least a passing resemblance to more straightforward speculative trades.\nBitcoin has received astamp of a pproval from more than a handful of notable Wall Streeters, including veteran hedge fund manager Paul Tudor Jones, who say they like it as a store of wealth. “That is certainly an element that has driven investment by institutions, particularly in the wake of the ways in which policymakers have worked to jump-start the economy” after the Covid slowdown, says Michael Sonnenshein, chief executive officer at Grayscale Investments, which runs a fund that holds Bitcoin. “Certainly we have no shortage of global macro investors for whom adding Bitcoin has acted for them as a hedge for inflation.”\nBitcoin’s strongest advocates see its rising price as an early-warning sign that the traditional financial system is vulnerable, and argue that the cryptocurrency could rise further as investors look for a haven. Such arguments hinge on the idea that inflation won’t just edge up with a growing economy, but could explode as a result of so-called money printing.\nThe Federal Reserve doesn’t change the money supply by literally printing bills. However, a measure of the amount of money in the financial system known as M2 has increased, thanks in part to accommodative policy. Fed Chairman Jerome Powell said in recent congressional testimony that the growth of the money supply no longer has important implications for the economic outlook. “We’ve had big growth of monetary aggregates at various times without inflation,” he said. “So it’s something we have to unlearn.”\nJim Paulsen, chief investment strategist at the Leuthold Group, agrees. While there may be more money, its velocity—or the frequency with which money changes hands—has dropped off. That’s a crucial factor because it shows money is being saved rather than spent, which keeps price pressures muted. But even if velocity turns higher, offsetting disinflationary forces could still come into play, including an aging population and digital technology’s propensity to push prices down. “Inflation is turning up a little bit, but I don’t think that means that crypto is going to go nuts,” Paulsen says.\nBitcoin is unlike most other inflation hedges. Its value is based entirely on other people’s willingness to hold it: The digital token isn’t tied to any other asset, such as oil or real estate or earnings from a business, that might naturally rise in value along with consumer prices. It’s possible that inflation could go up and it’s possible that Bitcoin could too, but the two aren’t necessarily linked. One of Bitcoin’s best-known bulls,Ark Investment Management founder Cathie Wood, said in a recent webinar that she’s as concerned about the forces of deflation—or falling prices—as she is with inflation.\n“The kindling wood for inflation exists,” says Marc Chandler, chief market strategist at Bannockburn Global Forex. “One has to make a judgment about whether there’s sufficient spark.” Instead of looking at Bitcoin prices as a weather vane of inflation, he prefers to look at signals such asoil prices, shipping costs, or the price of semiconductors. They’re all rising as the economy gains steam, but that doesn’t mean the dollar’s being undercut by a flood of printed money. “The high priests of the cryptocurrency space look for any reason to help their case,” he says. “I’m still hesitant to think that Bitcoin tells us anything about high-frequency economic variables.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324627484,"gmtCreate":1615990653148,"gmtModify":1704789443890,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Good buy","listText":"Good buy","text":"Good buy","images":[{"img":"https://static.tigerbbs.com/5070fae4d6947d823a5cf322791c208a","width":"1080","height":"2854"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324627484","isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":324624761,"gmtCreate":1615990622053,"gmtModify":1704789442593,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Haiz","listText":"Haiz","text":"Haiz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324624761","repostId":"1189043011","repostType":2,"repost":{"id":"1189043011","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":1615987898,"share":"https://ttm.financial/m/news/1189043011?lang=&edition=fundamental","pubTime":"2021-03-17 21:31","market":"us","language":"en","title":"Stocks Mixed as Fed Decision Looms. Tech Stocks Under Pressure","url":"https://stock-news.laohu8.com/highlight/detail?id=1189043011","media":"Tiger Newspress","summary":"(March 17) Stocks were mixed on Wednesday, though tech shares fell meaningfully as bond yields were ","content":"<p>(March 17) Stocks were mixed on Wednesday, though tech shares fell meaningfully as bond yields were on the rise again.</p><p>Futures on the Dow Jones Industrial Average were roughly flat, while the S&P 500 was indicated to open down 0.3%. Futures on the Nasdaq Composite were down 1%.</p><p>Apple, Alphabet, Facebook and Netflix all traded in the red. Tesla shed more than 2%.</p><p>The 10-year Treasury yield rose to a fresh 13-month high in early trading. The yield climbed 5 basis points above 1.67%, the highest since early February 2020 and exceeding its recent high on Friday of 1.642%. The 30-year rate jumped to 2.428%, its highest level since November 2019. Higher rates erode the value of future cash flows, hurting growth-oriented companies particularly hard.</p><p>On Wednesday, the Fed will release new economic and interest rate forecasts, which could indicate Fed officials expect to raise rates by, or even before, 2023.The central bank is expected to acknowledge stronger growth, which should put the Fed’s easy policies in the spotlight, especially given the new $1.9 trillion in federal stimulus spending.</p><p>Investors will also hear from Fed Chair Powell, who is likely to move the stock and bond markets with his commentary, despite being unlikely to offer specifics.</p><p>“There’s this assumption [Powell’s] going to be dovish tomorrow. With another round of spending, it’s hard for him not to be dovish. They are definitely afraid of scaring the market. They’re afraid of disrupting the recovery,” said Peter Boockvar, chief investment officer of Bleakley Advisory Group.</p><p>Rising interest rates have been an overhang for stocks in recent weeks, specifically the tech sector. The jump in yields has forced a shift into value stocks from growth, pushing the Dow Jones Industrial Average and S&P 500 to hover near record highs.</p><p>A strong vaccine rollout and the easing of state lockdown restrictions have also boosted reopening stocks.</p><p>Royal Caribbean and Carnival cruise lines gained about 1% apiece in early premarket trading Wednesday. Shares of McDonald's rose 1% after Deutsche Bank upgraded the stock to buy from hold.</p><p>On Tuesday,the Dow lost nearly 130 points, dragged down by a near 4% drop inBoeing'sstock. The 30-stock average snapped a seven-day winning streak, The S&P 500 dipped 0.16%, after setting a record high during the trading session.</p><p>The Nasdaq Composite was the relative outperformer, rising 0.09% as Facebook,Amazon,Apple,Netflixand Google-parentAlphabetall registered gains. The technology-heavy index was up more than 1% at one point in the session.</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>Stocks Mixed as Fed Decision Looms. Tech Stocks Under Pressure</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\">\nStocks Mixed as Fed Decision Looms. Tech Stocks Under Pressure\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\">2021-03-17 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 17) Stocks were mixed on Wednesday, though tech shares fell meaningfully as bond yields were on the rise again.</p><p>Futures on the Dow Jones Industrial Average were roughly flat, while the S&P 500 was indicated to open down 0.3%. Futures on the Nasdaq Composite were down 1%.</p><p>Apple, Alphabet, Facebook and Netflix all traded in the red. Tesla shed more than 2%.</p><p>The 10-year Treasury yield rose to a fresh 13-month high in early trading. The yield climbed 5 basis points above 1.67%, the highest since early February 2020 and exceeding its recent high on Friday of 1.642%. The 30-year rate jumped to 2.428%, its highest level since November 2019. Higher rates erode the value of future cash flows, hurting growth-oriented companies particularly hard.</p><p>On Wednesday, the Fed will release new economic and interest rate forecasts, which could indicate Fed officials expect to raise rates by, or even before, 2023.The central bank is expected to acknowledge stronger growth, which should put the Fed’s easy policies in the spotlight, especially given the new $1.9 trillion in federal stimulus spending.</p><p>Investors will also hear from Fed Chair Powell, who is likely to move the stock and bond markets with his commentary, despite being unlikely to offer specifics.</p><p>“There’s this assumption [Powell’s] going to be dovish tomorrow. With another round of spending, it’s hard for him not to be dovish. They are definitely afraid of scaring the market. They’re afraid of disrupting the recovery,” said Peter Boockvar, chief investment officer of Bleakley Advisory Group.</p><p>Rising interest rates have been an overhang for stocks in recent weeks, specifically the tech sector. The jump in yields has forced a shift into value stocks from growth, pushing the Dow Jones Industrial Average and S&P 500 to hover near record highs.</p><p>A strong vaccine rollout and the easing of state lockdown restrictions have also boosted reopening stocks.</p><p>Royal Caribbean and Carnival cruise lines gained about 1% apiece in early premarket trading Wednesday. Shares of McDonald's rose 1% after Deutsche Bank upgraded the stock to buy from hold.</p><p>On Tuesday,the Dow lost nearly 130 points, dragged down by a near 4% drop inBoeing'sstock. The 30-stock average snapped a seven-day winning streak, The S&P 500 dipped 0.16%, after setting a record high during the trading session.</p><p>The Nasdaq Composite was the relative outperformer, rising 0.09% as Facebook,Amazon,Apple,Netflixand Google-parentAlphabetall registered gains. The technology-heavy index was up more than 1% at one point in the session.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/fd680cd945fd32917c8ece66ec685e5f","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189043011","content_text":"(March 17) Stocks were mixed on Wednesday, though tech shares fell meaningfully as bond yields were on the rise again.Futures on the Dow Jones Industrial Average were roughly flat, while the S&P 500 was indicated to open down 0.3%. Futures on the Nasdaq Composite were down 1%.Apple, Alphabet, Facebook and Netflix all traded in the red. Tesla shed more than 2%.The 10-year Treasury yield rose to a fresh 13-month high in early trading. The yield climbed 5 basis points above 1.67%, the highest since early February 2020 and exceeding its recent high on Friday of 1.642%. The 30-year rate jumped to 2.428%, its highest level since November 2019. Higher rates erode the value of future cash flows, hurting growth-oriented companies particularly hard.On Wednesday, the Fed will release new economic and interest rate forecasts, which could indicate Fed officials expect to raise rates by, or even before, 2023.The central bank is expected to acknowledge stronger growth, which should put the Fed’s easy policies in the spotlight, especially given the new $1.9 trillion in federal stimulus spending.Investors will also hear from Fed Chair Powell, who is likely to move the stock and bond markets with his commentary, despite being unlikely to offer specifics.“There’s this assumption [Powell’s] going to be dovish tomorrow. With another round of spending, it’s hard for him not to be dovish. They are definitely afraid of scaring the market. They’re afraid of disrupting the recovery,” said Peter Boockvar, chief investment officer of Bleakley Advisory Group.Rising interest rates have been an overhang for stocks in recent weeks, specifically the tech sector. The jump in yields has forced a shift into value stocks from growth, pushing the Dow Jones Industrial Average and S&P 500 to hover near record highs.A strong vaccine rollout and the easing of state lockdown restrictions have also boosted reopening stocks.Royal Caribbean and Carnival cruise lines gained about 1% apiece in early premarket trading Wednesday. Shares of McDonald's rose 1% after Deutsche Bank upgraded the stock to buy from hold.On Tuesday,the Dow lost nearly 130 points, dragged down by a near 4% drop inBoeing'sstock. The 30-stock average snapped a seven-day winning streak, The S&P 500 dipped 0.16%, after setting a record high during the trading session.The Nasdaq Composite was the relative outperformer, rising 0.09% as Facebook,Amazon,Apple,Netflixand Google-parentAlphabetall registered gains. The technology-heavy index was up more than 1% at one point in the session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324624822,"gmtCreate":1615990586066,"gmtModify":1704789442100,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324624822","repostId":"1128306547","repostType":2,"repost":{"id":"1128306547","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":1615988989,"share":"https://ttm.financial/m/news/1128306547?lang=&edition=fundamental","pubTime":"2021-03-17 21:49","market":"us","language":"en","title":"GameStop stock rose more than 10%","url":"https://stock-news.laohu8.com/highlight/detail?id=1128306547","media":"Tiger Newspress","summary":"(March 17) GameStop stock rose more than 10%.Ahead of next week's earnings report, Telsey reiterates","content":"<p>(March 17) GameStop stock rose more than 10%.</p><p>Ahead of next week's earnings report, Telsey reiterates its Underperform rating on GameStop on its view that the company has not yet shown financial success.</p><p>\"Looking ahead, GameStop should benefit from: 1) the new gaming cycle, with current demand outpacing supply for new generation Microsoft and Sony consoles; 2) its agreement with RC Ventures and the board refresh; and 3) its healthy balance sheet, with a net cash position of $101MM at the end of 3Q20. However, the company has yet to show financial success in an industry that is rapidly shifting to digital.\"</p><p>Speaking of GameStop's earnings day, the conference call on March 23 at 5:00 p.m. is a must listen for GME longs and shorts.</p><p>Inquiring minds want to know if GameStop is either considering floating new shares to take advantage of hot retail-level demand or buying back shares asBank of America suggested.</p><p>Though GameStop, the poster-WSB/Reddit stock, fell for a second day on Tuesday, leaving it on pace for its worst two days in more than a month.</p><p>This is all happening ahead of the latest Congressional hearing on retail investing and short selling. The House Financial Services Committee will continue its investigation into the short squeeze of meme stocks that occurred in late January, convening seven expert witnesses to weigh in with proposals to reform U.S. market structure. That could help the system avoid a repeat of the events, when Robinhood (RBNHD) and other retail brokers restricted purchases of popular stocks to manage a surge in clearinghouse demands for collateral.</p><p><img src=\"https://static.tigerbbs.com/73faab6d55b37015a43acecf2920df83\" tg-width=\"685\" tg-height=\"479\" 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>GameStop stock rose more than 10%</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\">\nGameStop stock rose more than 10%\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\">2021-03-17 21:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 17) GameStop stock rose more than 10%.</p><p>Ahead of next week's earnings report, Telsey reiterates its Underperform rating on GameStop on its view that the company has not yet shown financial success.</p><p>\"Looking ahead, GameStop should benefit from: 1) the new gaming cycle, with current demand outpacing supply for new generation Microsoft and Sony consoles; 2) its agreement with RC Ventures and the board refresh; and 3) its healthy balance sheet, with a net cash position of $101MM at the end of 3Q20. However, the company has yet to show financial success in an industry that is rapidly shifting to digital.\"</p><p>Speaking of GameStop's earnings day, the conference call on March 23 at 5:00 p.m. is a must listen for GME longs and shorts.</p><p>Inquiring minds want to know if GameStop is either considering floating new shares to take advantage of hot retail-level demand or buying back shares asBank of America suggested.</p><p>Though GameStop, the poster-WSB/Reddit stock, fell for a second day on Tuesday, leaving it on pace for its worst two days in more than a month.</p><p>This is all happening ahead of the latest Congressional hearing on retail investing and short selling. The House Financial Services Committee will continue its investigation into the short squeeze of meme stocks that occurred in late January, convening seven expert witnesses to weigh in with proposals to reform U.S. market structure. That could help the system avoid a repeat of the events, when Robinhood (RBNHD) and other retail brokers restricted purchases of popular stocks to manage a surge in clearinghouse demands for collateral.</p><p><img src=\"https://static.tigerbbs.com/73faab6d55b37015a43acecf2920df83\" tg-width=\"685\" tg-height=\"479\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128306547","content_text":"(March 17) GameStop stock rose more than 10%.Ahead of next week's earnings report, Telsey reiterates its Underperform rating on GameStop on its view that the company has not yet shown financial success.\"Looking ahead, GameStop should benefit from: 1) the new gaming cycle, with current demand outpacing supply for new generation Microsoft and Sony consoles; 2) its agreement with RC Ventures and the board refresh; and 3) its healthy balance sheet, with a net cash position of $101MM at the end of 3Q20. However, the company has yet to show financial success in an industry that is rapidly shifting to digital.\"Speaking of GameStop's earnings day, the conference call on March 23 at 5:00 p.m. is a must listen for GME longs and shorts.Inquiring minds want to know if GameStop is either considering floating new shares to take advantage of hot retail-level demand or buying back shares asBank of America suggested.Though GameStop, the poster-WSB/Reddit stock, fell for a second day on Tuesday, leaving it on pace for its worst two days in more than a month.This is all happening ahead of the latest Congressional hearing on retail investing and short selling. The House Financial Services Committee will continue its investigation into the short squeeze of meme stocks that occurred in late January, convening seven expert witnesses to weigh in with proposals to reform U.S. market structure. That could help the system avoid a repeat of the events, when Robinhood (RBNHD) and other retail brokers restricted purchases of popular stocks to manage a surge in clearinghouse demands for collateral.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325978251,"gmtCreate":1615860623273,"gmtModify":1704787582120,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325978251","repostId":"1167584552","repostType":2,"repost":{"id":"1167584552","pubTimestamp":1615857181,"share":"https://ttm.financial/m/news/1167584552?lang=&edition=fundamental","pubTime":"2021-03-16 09:13","market":"us","language":"en","title":"Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts","url":"https://stock-news.laohu8.com/highlight/detail?id=1167584552","media":"CNN Business","summary":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that econ","content":"<p><b>New York (CNN Business)- </b>President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.</p>\n<p>Goldman Sachs predicts the US economy will rebound sharply from the pandemic, registering China-like GDP growth of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.</p>\n<p>Over the weekend, Goldman Sachs, citing the larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.</p>\n<p>If this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the 50-year low of 3.5% by the end of 2022.</p>\n<p>Taken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.</p>\n<p>\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.</p>\n<p>The Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.</p>\n<p>The American Rescue Plan includes $1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.</p>\n<p><b>'Springtime in America'</b></p>\n<p>Beyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.</p>\n<p>The rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.</p>\n<p>\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"</p>\n<p>Meanwhile, there are signs that Washington will not rush to remove some of its support for the economy.</p>\n<p>Goldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.</p>\n<p><b>Hiring rebound in schools</b></p>\n<p>Another reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.</p>\n<p>State and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those job losses are linked to closed schools.</p>\n<p>But Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.</p>\n<p>By contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.</p>\n<p><b>Inflation jitters</b></p>\n<p>All of this spending from Washington has raised concerns on Wall Street that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on inflation fears and further increases could make stocks look less attractive compared with boring bonds.</p>\n<p>Federal Reserve Chairman Jerome Powell will seek to reassure investors this week that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.</p>\n<p>\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.</p>\n<p>However, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.</p>\n<p>\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"</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>Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts</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\">\nBiden's stimulus will keep America's economy humming for years, Goldman Sachs predicts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 09:13 GMT+8 <a href=https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs...</p>\n\n<a href=\"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167584552","content_text":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs predicts the US economy will rebound sharply from the pandemic, registering China-like GDP growth of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.\nOver the weekend, Goldman Sachs, citing the larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.\nIf this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the 50-year low of 3.5% by the end of 2022.\nTaken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.\n\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.\nThe Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.\nThe American Rescue Plan includes $1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.\n'Springtime in America'\nBeyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.\nThe rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.\n\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"\nMeanwhile, there are signs that Washington will not rush to remove some of its support for the economy.\nGoldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.\nHiring rebound in schools\nAnother reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.\nState and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those job losses are linked to closed schools.\nBut Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.\nBy contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.\nInflation jitters\nAll of this spending from Washington has raised concerns on Wall Street that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on inflation fears and further increases could make stocks look less attractive compared with boring bonds.\nFederal Reserve Chairman Jerome Powell will seek to reassure investors this week that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.\n\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.\nHowever, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.\n\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322703692,"gmtCreate":1615824032816,"gmtModify":1704787194485,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> hope the streak continues ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> hope the streak continues ","text":"$Tiger Brokers(TIGR)$ hope the streak continues","images":[{"img":"https://static.tigerbbs.com/ae064e2a824e26926137bcf2ef2f7d36","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322703692","isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":322258303,"gmtCreate":1615812724302,"gmtModify":1704786882981,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Not doing well","listText":"Not doing well","text":"Not doing well","images":[{"img":"https://static.tigerbbs.com/4dd8a3d915d922abe2f4033de944d97c","width":"1080","height":"2941"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322258303","isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":322263913,"gmtCreate":1615810896932,"gmtModify":1704786851731,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Time to buy","listText":"Time to buy","text":"Time to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322263913","repostId":"2119142179","repostType":2,"repost":{"id":"2119142179","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":1615807416,"share":"https://ttm.financial/m/news/2119142179?lang=&edition=fundamental","pubTime":"2021-03-15 19:23","market":"sh","language":"en","title":"LIVE MARKETS-European equities: bet on financials","url":"https://stock-news.laohu8.com/highlight/detail?id=2119142179","media":"Reuters","summary":"March 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters","content":"<html><body><p>March 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> EUROPEAN EQUITIES: BET ON FINANCIALS (1122 GMT)</p><p> Some analysts say there is more upside for European equities while a spillover effect from U.S. rising yield is still possible and the vaccine campaign seems to be picking up speed after suffering from supply problems.</p><p> BofA sees the STOXX 600 index at 460 points by the third quarter this year, with further 15% outperformance for value versus growth by late Q3.</p><p> In the table its sector view.</p><p> Below more assessments about sectors by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>.</p><p> . Banks (overweight): posted a very strong net EPS beat, and an improving outlook for dividend reinstatements gives the sector best in class dividend revisions. It continues to look attractive relative to its long run history.</p><p> . Insurance (overweight): valuations remain highly attractive and are well below long run averages. It represents a very cheap way to gain exposure to the reflation theme.</p><p> . Autos: it's currently the most overbought European sector. Valuations appear neutral versus history.</p><p> . Utilities: it is currently the most oversold sector in Europe. Its underlying fundamentals have also lagged and it sees negative relative earnings revisions at this time. Relative valuations have normalised but look less depressed when compared to defensive peers.</p><p> . Household Products (underweight): has been the worst performer over the last 3 months. Rock bottom relative valuations and oversold performance may mean value is starting to emerge for the sector; however, it remains a tricky backdrop for defensives.</p><p> (Stefano Rebaudo)</p><p> *****</p><p> UPBEAT OPEN AS FLUTTER AND DANONE SHINE (0839 GMT) </p><p> The STOXX 600 has had quite an upbeat open this morning and the mood at +0.7% is proving much better than what futures had pointed out earlier. </p><p> There's some pretty heavy price action at the top of the index with Flutter Entertainment rising 7.3% after announcing it was considering a U.S. listing for its FanDuel unit. </p><p> France's <a href=\"https://laohu8.com/S/GPDNF\">Danone</a> is the second biggest gainer, up 4.7%, boosted by the ousting of its CEO as the group bowed to pressure from several shareholders including investment fund Artisan Partners and activist investor Bluebell Capital. </p><p> In Milan, car-maker Stellantis is also enjoying the beginning of the week, jumping 3.3% as Deutsche Bank initiated its coverage of the stock with a \"buy\" and a target price of 20 euros per share, which is a handsome 5 euros above what they are trading at right now. </p><p> The sector indexes of Flutter, Danone and Stellantis have logically enjoyed the positive newsflow: travel and leisure is up 3.2%, consumer staples are up 1.1% and autos rising 1.7%. </p><p> (Julien Ponthus) </p><p> *****</p><p> NO TWIST, NO SHOUT (0814 GMT) </p><p> A week packed with central bank action lies ahead -- the U.S. Fed, the Bank of Japan, the Bank of England, Norges Bank as well as those in Turkey, Brazil and Russia hold policy meetings.</p><p> As anticipation builds, especially for the Fed's Wednesday outing, ten-year U.S. Treasury yields US10YT=RR are within kissing distance of 13-month highs of 1.642% reached on Friday and the dollar is ticking higher.</p><p> The 10-year yield has just had a seven week rising streak -- the longest since 2009 and while that hasn't unleashed the stock market mayhem many had feared, rate-sensitive tech shares have certainly felt the heat.</p><p> So on Monday, Nasdaq futures NQC1 are trading in the red, while European indexes as well as the U.S. Dow Jones look set to open firmer. The Nasdaq .NDX is up 0.4% year-to-date, while the \"old economy\" Dow Jones .DJI has gained over 7%.</p><p> And it is unlikely, as some had speculated, we will see Fed action to curb yields through an \"Operation Twist\" in which the central bank accelerates bond-buying at a certain part of the curve.</p><p> The BOE on Thursday could signal upping its bond buying from May while messages from the BOJ on yield-curve control will be key on Friday.</p><p> What's clear is that inflation and growth will be picking up in coming months as base effects from the year-ago economic slump kick in; we had a taste of that today from China where industrial output rose 35.1% in the first two months from a year earlier and retail sales jumped 33.8%.</p><p> Asking prices for UK homes also rose by 0.8% in the four weeks to March 6, data from Rightmove just showed.</p><p> Meanwhile, fund raising continues unabated, with eye-watering valuations -- digital payments company Stripe raised $600 million in a funding round, valuing it at $95 billion, the most valuable private company on Silicon Valley.</p><p> And Deliveroo is marketing what could be the biggest London listing in more than seven years, with plans to sell around 1 billion pounds of new shares in its upcoming IPO.</p><p>Key developments that should provide more direction to markets on Monday: -Eurozone finance ministers meet -Sweden cbank governor Ingves speaks -U.S. Treasury 6-mth and 3 month auctions -U.S. TIC data -U.S. retail sales/industrial output Feb</p><p> (Julien Ponthus) </p><p> ***** </p><p> CAUTIOUSLY OPTIMISTIC (0631 GMT)</p><p> European stock seems set to open slightly up this morning with futures currently trading in positive territory.</p><p> It's far from exuberant though with the derivatives for the DAX only up 0.2% and those for Nasdaq down 0.3%. </p><p> It could certainly be worse given the cautious mood in Asia. </p><p> MSCI's index of Asia-Pacific shares outside Japan is down 0.9%, with mainland Chinese stocks retreating 1.7%. </p><p> (Julien Ponthus) </p><p> *****</p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 10y sectors </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LIVE MARKETS-European equities: bet on financials</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLIVE MARKETS-European equities: bet on financials\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-15 19:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>March 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> EUROPEAN EQUITIES: BET ON FINANCIALS (1122 GMT)</p><p> Some analysts say there is more upside for European equities while a spillover effect from U.S. rising yield is still possible and the vaccine campaign seems to be picking up speed after suffering from supply problems.</p><p> BofA sees the STOXX 600 index at 460 points by the third quarter this year, with further 15% outperformance for value versus growth by late Q3.</p><p> In the table its sector view.</p><p> Below more assessments about sectors by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>.</p><p> . Banks (overweight): posted a very strong net EPS beat, and an improving outlook for dividend reinstatements gives the sector best in class dividend revisions. It continues to look attractive relative to its long run history.</p><p> . Insurance (overweight): valuations remain highly attractive and are well below long run averages. It represents a very cheap way to gain exposure to the reflation theme.</p><p> . Autos: it's currently the most overbought European sector. Valuations appear neutral versus history.</p><p> . Utilities: it is currently the most oversold sector in Europe. Its underlying fundamentals have also lagged and it sees negative relative earnings revisions at this time. Relative valuations have normalised but look less depressed when compared to defensive peers.</p><p> . Household Products (underweight): has been the worst performer over the last 3 months. Rock bottom relative valuations and oversold performance may mean value is starting to emerge for the sector; however, it remains a tricky backdrop for defensives.</p><p> (Stefano Rebaudo)</p><p> *****</p><p> UPBEAT OPEN AS FLUTTER AND DANONE SHINE (0839 GMT) </p><p> The STOXX 600 has had quite an upbeat open this morning and the mood at +0.7% is proving much better than what futures had pointed out earlier. </p><p> There's some pretty heavy price action at the top of the index with Flutter Entertainment rising 7.3% after announcing it was considering a U.S. listing for its FanDuel unit. </p><p> France's <a href=\"https://laohu8.com/S/GPDNF\">Danone</a> is the second biggest gainer, up 4.7%, boosted by the ousting of its CEO as the group bowed to pressure from several shareholders including investment fund Artisan Partners and activist investor Bluebell Capital. </p><p> In Milan, car-maker Stellantis is also enjoying the beginning of the week, jumping 3.3% as Deutsche Bank initiated its coverage of the stock with a \"buy\" and a target price of 20 euros per share, which is a handsome 5 euros above what they are trading at right now. </p><p> The sector indexes of Flutter, Danone and Stellantis have logically enjoyed the positive newsflow: travel and leisure is up 3.2%, consumer staples are up 1.1% and autos rising 1.7%. </p><p> (Julien Ponthus) </p><p> *****</p><p> NO TWIST, NO SHOUT (0814 GMT) </p><p> A week packed with central bank action lies ahead -- the U.S. Fed, the Bank of Japan, the Bank of England, Norges Bank as well as those in Turkey, Brazil and Russia hold policy meetings.</p><p> As anticipation builds, especially for the Fed's Wednesday outing, ten-year U.S. Treasury yields US10YT=RR are within kissing distance of 13-month highs of 1.642% reached on Friday and the dollar is ticking higher.</p><p> The 10-year yield has just had a seven week rising streak -- the longest since 2009 and while that hasn't unleashed the stock market mayhem many had feared, rate-sensitive tech shares have certainly felt the heat.</p><p> So on Monday, Nasdaq futures NQC1 are trading in the red, while European indexes as well as the U.S. Dow Jones look set to open firmer. The Nasdaq .NDX is up 0.4% year-to-date, while the \"old economy\" Dow Jones .DJI has gained over 7%.</p><p> And it is unlikely, as some had speculated, we will see Fed action to curb yields through an \"Operation Twist\" in which the central bank accelerates bond-buying at a certain part of the curve.</p><p> The BOE on Thursday could signal upping its bond buying from May while messages from the BOJ on yield-curve control will be key on Friday.</p><p> What's clear is that inflation and growth will be picking up in coming months as base effects from the year-ago economic slump kick in; we had a taste of that today from China where industrial output rose 35.1% in the first two months from a year earlier and retail sales jumped 33.8%.</p><p> Asking prices for UK homes also rose by 0.8% in the four weeks to March 6, data from Rightmove just showed.</p><p> Meanwhile, fund raising continues unabated, with eye-watering valuations -- digital payments company Stripe raised $600 million in a funding round, valuing it at $95 billion, the most valuable private company on Silicon Valley.</p><p> And Deliveroo is marketing what could be the biggest London listing in more than seven years, with plans to sell around 1 billion pounds of new shares in its upcoming IPO.</p><p>Key developments that should provide more direction to markets on Monday: -Eurozone finance ministers meet -Sweden cbank governor Ingves speaks -U.S. Treasury 6-mth and 3 month auctions -U.S. TIC data -U.S. retail sales/industrial output Feb</p><p> (Julien Ponthus) </p><p> ***** </p><p> CAUTIOUSLY OPTIMISTIC (0631 GMT)</p><p> European stock seems set to open slightly up this morning with futures currently trading in positive territory.</p><p> It's far from exuberant though with the derivatives for the DAX only up 0.2% and those for Nasdaq down 0.3%. </p><p> It could certainly be worse given the cautious mood in Asia. </p><p> MSCI's index of Asia-Pacific shares outside Japan is down 0.9%, with mainland Chinese stocks retreating 1.7%. </p><p> (Julien Ponthus) </p><p> *****</p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 10y sectors </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQQQ":"纳指三倍做空ETF","DOG":"道指反向ETF",".IXIC":"NASDAQ Composite","QLD":"纳指两倍做多ETF","DDM":"道指两倍做多ETF",".SPX":"S&P 500 Index","DXD":"道指两倍做空ETF","SDOW":"道指三倍做空ETF-ProShares","UDOW":"道指三倍做多ETF-ProShares","TQQQ":"纳指三倍做多ETF","PSQ":"纳指反向ETF","DJX":"1/100道琼斯","QQQ":"纳指100ETF","QID":"纳指两倍做空ETF",".DJI":"道琼斯"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119142179","content_text":"March 15 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN EQUITIES: BET ON FINANCIALS (1122 GMT) Some analysts say there is more upside for European equities while a spillover effect from U.S. rising yield is still possible and the vaccine campaign seems to be picking up speed after suffering from supply problems. BofA sees the STOXX 600 index at 460 points by the third quarter this year, with further 15% outperformance for value versus growth by late Q3. In the table its sector view. Below more assessments about sectors by Morgan Stanley. . Banks (overweight): posted a very strong net EPS beat, and an improving outlook for dividend reinstatements gives the sector best in class dividend revisions. It continues to look attractive relative to its long run history. . Insurance (overweight): valuations remain highly attractive and are well below long run averages. It represents a very cheap way to gain exposure to the reflation theme. . Autos: it's currently the most overbought European sector. Valuations appear neutral versus history. . Utilities: it is currently the most oversold sector in Europe. Its underlying fundamentals have also lagged and it sees negative relative earnings revisions at this time. Relative valuations have normalised but look less depressed when compared to defensive peers. . Household Products (underweight): has been the worst performer over the last 3 months. Rock bottom relative valuations and oversold performance may mean value is starting to emerge for the sector; however, it remains a tricky backdrop for defensives. (Stefano Rebaudo) ***** UPBEAT OPEN AS FLUTTER AND DANONE SHINE (0839 GMT) The STOXX 600 has had quite an upbeat open this morning and the mood at +0.7% is proving much better than what futures had pointed out earlier. There's some pretty heavy price action at the top of the index with Flutter Entertainment rising 7.3% after announcing it was considering a U.S. listing for its FanDuel unit. France's Danone is the second biggest gainer, up 4.7%, boosted by the ousting of its CEO as the group bowed to pressure from several shareholders including investment fund Artisan Partners and activist investor Bluebell Capital. In Milan, car-maker Stellantis is also enjoying the beginning of the week, jumping 3.3% as Deutsche Bank initiated its coverage of the stock with a \"buy\" and a target price of 20 euros per share, which is a handsome 5 euros above what they are trading at right now. The sector indexes of Flutter, Danone and Stellantis have logically enjoyed the positive newsflow: travel and leisure is up 3.2%, consumer staples are up 1.1% and autos rising 1.7%. (Julien Ponthus) ***** NO TWIST, NO SHOUT (0814 GMT) A week packed with central bank action lies ahead -- the U.S. Fed, the Bank of Japan, the Bank of England, Norges Bank as well as those in Turkey, Brazil and Russia hold policy meetings. As anticipation builds, especially for the Fed's Wednesday outing, ten-year U.S. Treasury yields US10YT=RR are within kissing distance of 13-month highs of 1.642% reached on Friday and the dollar is ticking higher. The 10-year yield has just had a seven week rising streak -- the longest since 2009 and while that hasn't unleashed the stock market mayhem many had feared, rate-sensitive tech shares have certainly felt the heat. So on Monday, Nasdaq futures NQC1 are trading in the red, while European indexes as well as the U.S. Dow Jones look set to open firmer. The Nasdaq .NDX is up 0.4% year-to-date, while the \"old economy\" Dow Jones .DJI has gained over 7%. And it is unlikely, as some had speculated, we will see Fed action to curb yields through an \"Operation Twist\" in which the central bank accelerates bond-buying at a certain part of the curve. The BOE on Thursday could signal upping its bond buying from May while messages from the BOJ on yield-curve control will be key on Friday. What's clear is that inflation and growth will be picking up in coming months as base effects from the year-ago economic slump kick in; we had a taste of that today from China where industrial output rose 35.1% in the first two months from a year earlier and retail sales jumped 33.8%. Asking prices for UK homes also rose by 0.8% in the four weeks to March 6, data from Rightmove just showed. Meanwhile, fund raising continues unabated, with eye-watering valuations -- digital payments company Stripe raised $600 million in a funding round, valuing it at $95 billion, the most valuable private company on Silicon Valley. And Deliveroo is marketing what could be the biggest London listing in more than seven years, with plans to sell around 1 billion pounds of new shares in its upcoming IPO.Key developments that should provide more direction to markets on Monday: -Eurozone finance ministers meet -Sweden cbank governor Ingves speaks -U.S. Treasury 6-mth and 3 month auctions -U.S. TIC data -U.S. retail sales/industrial output Feb (Julien Ponthus) ***** CAUTIOUSLY OPTIMISTIC (0631 GMT) European stock seems set to open slightly up this morning with futures currently trading in positive territory. It's far from exuberant though with the derivatives for the DAX only up 0.2% and those for Nasdaq down 0.3%. It could certainly be worse given the cautious mood in Asia. MSCI's index of Asia-Pacific shares outside Japan is down 0.9%, with mainland Chinese stocks retreating 1.7%. (Julien Ponthus) ***** <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 10y sectors ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":324756495,"gmtCreate":1616033288717,"gmtModify":1704789991287,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/324756495","repostId":"1106621187","repostType":2,"repost":{"id":"1106621187","pubTimestamp":1616032135,"share":"https://ttm.financial/m/news/1106621187?lang=&edition=fundamental","pubTime":"2021-03-18 09:48","market":"fut","language":"en","title":"Don’t Count on Bitcoin to Be a Sure-Thing Inflation Hedge","url":"https://stock-news.laohu8.com/highlight/detail?id=1106621187","media":"Bloomberg","summary":"Cryptocurrency’s history is too short to judge whether it can provide protection against rising pric","content":"<p>Cryptocurrency’s history is too short to judge whether it can provide protection against rising prices.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c6b7f8b18b1c6a2cc07d9cd116dd0b9\" tg-width=\"2200\" tg-height=\"1467\"><span>ILLUSTRATION: OSCAR BOLTON GREEN FOR BLOOMBERG BUSINESSWEEK</span></p>\n<p>Hardcore Bitcoin enthusiasts say the digital coin is the world’s best hedge against rising consumer prices. The logic: Unlike U.S. dollars or any other normal currency, it’s designed to have a limited supply, so it can’t be devalued by a government or a central bank distributing too much of it.</p>\n<p>Almost every bull case on Bitcoin has looked prescient lately—the cryptocurrency is trading at around $57,000 a coin, up from about $5,000 a year ago—so that’s added some buzz to this inflation story. With the economic outlook perking up, Covid-19 cases falling, and greater amounts of fiscal stimulus on the horizon, investors in all kinds of assets seem to expect a bit of a rise in prices. But that’s coming from a very modest base. Over the past year, the inflation rate in the U.S. has been 1.7%.</p>\n<p>And then there’s the question of whether the digital asset would really act as an effective hedge. It doesn’t have a long enough history to establish that, says Cam Harvey, senior adviser to Research Affiliates and a professor of finance at Duke University. Theoretically, if investors come to regard it as similar to gold, Bitcoin might hold its value over a very long term—as in a century or more, Harvey says. In their research on gold, he and his colleagues have found that it has held its value well for millenniums. But they also found that it’s prone to manias and crashes over shorter periods. (Gold, notably, is down 9% this year despite all the inflation talk.)</p>\n<p>Bitcoin too has swung wildly in its short life, for reasons barely connected to anyone’s view on inflation. “What’s going to happen to Bitcoin? It’s really unclear,” Harvey says. “The price is not just driven by the money-supply rule, it’s driven by other speculative forces. That’s why it’s multiple times more volatile than the stock market.” It’s conceivable that a bout of inflation could have the opposite of the expected effect on Bitcoin. If inflation induced a recession, for example, investors might respond by stepping away from riskier assets such as cryptocurrencies.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce435a81cc78c3d3603759acc02615bd\" tg-width=\"2200\" tg-height=\"1467\"><span>Ark Investment Management’s Cathie Wood says she’s as concerned about deflationary forces as she is with inflation.PHOTOGRAPHER: ALEX FLYNN/BLOOMBERG</span></p>\n<p>In recent weeks, when investors concerned about inflation pushed the 10-year Treasury yield from 1.34% to as high as 1.62%, Bitcoin suffered its worst drop in months. Crypto proponents argue that Bitcoin traders long ago anticipated bond yields would rise—and a subsequent spike in yields did roughly track with a bump in crypto. Still, Bitcoin’s recent moves bear at least a passing resemblance to more straightforward speculative trades.</p>\n<p>Bitcoin has received astamp of a pproval from more than a handful of notable Wall Streeters, including veteran hedge fund manager Paul Tudor Jones, who say they like it as a store of wealth. “That is certainly an element that has driven investment by institutions, particularly in the wake of the ways in which policymakers have worked to jump-start the economy” after the Covid slowdown, says Michael Sonnenshein, chief executive officer at Grayscale Investments, which runs a fund that holds Bitcoin. “Certainly we have no shortage of global macro investors for whom adding Bitcoin has acted for them as a hedge for inflation.”</p>\n<p>Bitcoin’s strongest advocates see its rising price as an early-warning sign that the traditional financial system is vulnerable, and argue that the cryptocurrency could rise further as investors look for a haven. Such arguments hinge on the idea that inflation won’t just edge up with a growing economy, but could explode as a result of so-called money printing.</p>\n<p>The Federal Reserve doesn’t change the money supply by literally printing bills. However, a measure of the amount of money in the financial system known as M2 has increased, thanks in part to accommodative policy. Fed Chairman Jerome Powell said in recent congressional testimony that the growth of the money supply no longer has important implications for the economic outlook. “We’ve had big growth of monetary aggregates at various times without inflation,” he said. “So it’s something we have to unlearn.”</p>\n<p>Jim Paulsen, chief investment strategist at the Leuthold Group, agrees. While there may be more money, its velocity—or the frequency with which money changes hands—has dropped off. That’s a crucial factor because it shows money is being saved rather than spent, which keeps price pressures muted. But even if velocity turns higher, offsetting disinflationary forces could still come into play, including an aging population and digital technology’s propensity to push prices down. “Inflation is turning up a little bit, but I don’t think that means that crypto is going to go nuts,” Paulsen says.</p>\n<p>Bitcoin is unlike most other inflation hedges. Its value is based entirely on other people’s willingness to hold it: The digital token isn’t tied to any other asset, such as oil or real estate or earnings from a business, that might naturally rise in value along with consumer prices. It’s possible that inflation could go up and it’s possible that Bitcoin could too, but the two aren’t necessarily linked. One of Bitcoin’s best-known bulls,Ark Investment Management founder Cathie Wood, said in a recent webinar that she’s as concerned about the forces of deflation—or falling prices—as she is with inflation.</p>\n<p>“The kindling wood for inflation exists,” says Marc Chandler, chief market strategist at Bannockburn Global Forex. “One has to make a judgment about whether there’s sufficient spark.” Instead of looking at Bitcoin prices as a weather vane of inflation, he prefers to look at signals such asoil prices, shipping costs, or the price of semiconductors. They’re all rising as the economy gains steam, but that doesn’t mean the dollar’s being undercut by a flood of printed money. “The high priests of the cryptocurrency space look for any reason to help their case,” he says. “I’m still hesitant to think that Bitcoin tells us anything about high-frequency economic variables.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Don’t Count on Bitcoin to Be a Sure-Thing Inflation Hedge</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\">\nDon’t Count on Bitcoin to Be a Sure-Thing Inflation Hedge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-18 09:48 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-03-17/is-bitcoin-an-inflation-hedge-the-opposite-effect-could-happen-in-recession><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cryptocurrency’s history is too short to judge whether it can provide protection against rising prices.\nILLUSTRATION: OSCAR BOLTON GREEN FOR BLOOMBERG BUSINESSWEEK\nHardcore Bitcoin enthusiasts say the...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-17/is-bitcoin-an-inflation-hedge-the-opposite-effect-could-happen-in-recession\">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","PYPL":"PayPal","SQ":"Block","GBTC":"Grayscale Bitcoin Trust","ARKK":"ARK Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-17/is-bitcoin-an-inflation-hedge-the-opposite-effect-could-happen-in-recession","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106621187","content_text":"Cryptocurrency’s history is too short to judge whether it can provide protection against rising prices.\nILLUSTRATION: OSCAR BOLTON GREEN FOR BLOOMBERG BUSINESSWEEK\nHardcore Bitcoin enthusiasts say the digital coin is the world’s best hedge against rising consumer prices. The logic: Unlike U.S. dollars or any other normal currency, it’s designed to have a limited supply, so it can’t be devalued by a government or a central bank distributing too much of it.\nAlmost every bull case on Bitcoin has looked prescient lately—the cryptocurrency is trading at around $57,000 a coin, up from about $5,000 a year ago—so that’s added some buzz to this inflation story. With the economic outlook perking up, Covid-19 cases falling, and greater amounts of fiscal stimulus on the horizon, investors in all kinds of assets seem to expect a bit of a rise in prices. But that’s coming from a very modest base. Over the past year, the inflation rate in the U.S. has been 1.7%.\nAnd then there’s the question of whether the digital asset would really act as an effective hedge. It doesn’t have a long enough history to establish that, says Cam Harvey, senior adviser to Research Affiliates and a professor of finance at Duke University. Theoretically, if investors come to regard it as similar to gold, Bitcoin might hold its value over a very long term—as in a century or more, Harvey says. In their research on gold, he and his colleagues have found that it has held its value well for millenniums. But they also found that it’s prone to manias and crashes over shorter periods. (Gold, notably, is down 9% this year despite all the inflation talk.)\nBitcoin too has swung wildly in its short life, for reasons barely connected to anyone’s view on inflation. “What’s going to happen to Bitcoin? It’s really unclear,” Harvey says. “The price is not just driven by the money-supply rule, it’s driven by other speculative forces. That’s why it’s multiple times more volatile than the stock market.” It’s conceivable that a bout of inflation could have the opposite of the expected effect on Bitcoin. If inflation induced a recession, for example, investors might respond by stepping away from riskier assets such as cryptocurrencies.\nArk Investment Management’s Cathie Wood says she’s as concerned about deflationary forces as she is with inflation.PHOTOGRAPHER: ALEX FLYNN/BLOOMBERG\nIn recent weeks, when investors concerned about inflation pushed the 10-year Treasury yield from 1.34% to as high as 1.62%, Bitcoin suffered its worst drop in months. Crypto proponents argue that Bitcoin traders long ago anticipated bond yields would rise—and a subsequent spike in yields did roughly track with a bump in crypto. Still, Bitcoin’s recent moves bear at least a passing resemblance to more straightforward speculative trades.\nBitcoin has received astamp of a pproval from more than a handful of notable Wall Streeters, including veteran hedge fund manager Paul Tudor Jones, who say they like it as a store of wealth. “That is certainly an element that has driven investment by institutions, particularly in the wake of the ways in which policymakers have worked to jump-start the economy” after the Covid slowdown, says Michael Sonnenshein, chief executive officer at Grayscale Investments, which runs a fund that holds Bitcoin. “Certainly we have no shortage of global macro investors for whom adding Bitcoin has acted for them as a hedge for inflation.”\nBitcoin’s strongest advocates see its rising price as an early-warning sign that the traditional financial system is vulnerable, and argue that the cryptocurrency could rise further as investors look for a haven. Such arguments hinge on the idea that inflation won’t just edge up with a growing economy, but could explode as a result of so-called money printing.\nThe Federal Reserve doesn’t change the money supply by literally printing bills. However, a measure of the amount of money in the financial system known as M2 has increased, thanks in part to accommodative policy. Fed Chairman Jerome Powell said in recent congressional testimony that the growth of the money supply no longer has important implications for the economic outlook. “We’ve had big growth of monetary aggregates at various times without inflation,” he said. “So it’s something we have to unlearn.”\nJim Paulsen, chief investment strategist at the Leuthold Group, agrees. While there may be more money, its velocity—or the frequency with which money changes hands—has dropped off. That’s a crucial factor because it shows money is being saved rather than spent, which keeps price pressures muted. But even if velocity turns higher, offsetting disinflationary forces could still come into play, including an aging population and digital technology’s propensity to push prices down. “Inflation is turning up a little bit, but I don’t think that means that crypto is going to go nuts,” Paulsen says.\nBitcoin is unlike most other inflation hedges. Its value is based entirely on other people’s willingness to hold it: The digital token isn’t tied to any other asset, such as oil or real estate or earnings from a business, that might naturally rise in value along with consumer prices. It’s possible that inflation could go up and it’s possible that Bitcoin could too, but the two aren’t necessarily linked. One of Bitcoin’s best-known bulls,Ark Investment Management founder Cathie Wood, said in a recent webinar that she’s as concerned about the forces of deflation—or falling prices—as she is with inflation.\n“The kindling wood for inflation exists,” says Marc Chandler, chief market strategist at Bannockburn Global Forex. “One has to make a judgment about whether there’s sufficient spark.” Instead of looking at Bitcoin prices as a weather vane of inflation, he prefers to look at signals such asoil prices, shipping costs, or the price of semiconductors. They’re all rising as the economy gains steam, but that doesn’t mean the dollar’s being undercut by a flood of printed money. “The high priests of the cryptocurrency space look for any reason to help their case,” he says. “I’m still hesitant to think that Bitcoin tells us anything about high-frequency economic variables.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365149321,"gmtCreate":1614709752063,"gmtModify":1704774364818,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Let's go nio. Please like and comment. ","listText":"Let's go nio. Please like and comment. ","text":"Let's go nio. Please like and comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/365149321","repostId":"1122180672","repostType":4,"repost":{"id":"1122180672","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614697099,"share":"https://ttm.financial/m/news/1122180672?lang=&edition=fundamental","pubTime":"2021-03-02 22:58","market":"us","language":"en","title":"NIO plunged more than 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1122180672","media":"老虎资讯综合","summary":"(March 2) NIO Inc. reported a wider-than-expected loss for its fourth quarter, but issued strong re","content":"<p>(March 2) <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO plunged more than 7%</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\">\nNIO plunged more than 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-02 22:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 2) <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122180672","content_text":"(March 2) NIO Inc. reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.NIO plunged more than 7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359453389,"gmtCreate":1616421344841,"gmtModify":1704793873624,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Like please. Thanks","listText":"Like please. Thanks","text":"Like please. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359453389","repostId":"1192564804","repostType":4,"repost":{"id":"1192564804","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":1616420819,"share":"https://ttm.financial/m/news/1192564804?lang=&edition=fundamental","pubTime":"2021-03-22 21:46","market":"us","language":"en","title":"RLX Technology stock plunged 41% on Reports China to Strengthen e-Cigarette Regulation","url":"https://stock-news.laohu8.com/highlight/detail?id=1192564804","media":"Tiger Newspress","summary":"RLX Technology stock plunged 41% in Monday morning trading as China mulls bringing e-cigarette regul","content":"<p>RLX Technology stock plunged 41% in Monday morning trading as China mulls bringing e-cigarette regulation in line with traditional tobacco products.</p><p><img src=\"https://static.tigerbbs.com/fffbdb0f1b1a4ca9f5a8bf5c4e6804b8\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Two of China's regulators plan to bring the rules governing the sale of e-cigarettes and other new tobacco products in line with those for ordinary cigarettes.</p><p>The Ministry of Industry and Information Technology (MIIT) and China's State Tobacco Monopoly Administration, posted online the draft regulations that could potentially curb a fast-growing industry.</p><p>In 2019, a string of Chinese e-cigarette companies emerged targeting the domestic market, following the overseas success of the Juul.</p><p>The most successful among them, RLX Technology Inc, raised $1.4 billion in an IPO in January that valued the company at $35 billion.</p><p>RLX Technology did not immediately respond to a request for comment.</p><p>A huge market of smokers and its large electronics manufacturing industry makes China a promising market for the e-cigarette industry.</p><p>Yet the sector exists in precarious regulatory area.</p><p>China's tobacco industry is controlled entirely via a government monopoly, and strict controls determine what companies and retailers can produce and sell cigarettes.</p><p>Cigarette sales generated 5.45% of China's overall tax revenue in 2018. For this reason, industry experts have long expected the state to intervene in the business operations of China's private e-cigarette companies.</p><p>In November 2019, Chinese regulators forbid e-commerce platforms from selling e-cigarette products online. The ban swiftly curbed the growth of the sector, and many brands focused their business toward offline sales.</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>RLX Technology stock plunged 41% on Reports China to Strengthen e-Cigarette Regulation</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\">\nRLX Technology stock plunged 41% on Reports China to Strengthen e-Cigarette Regulation\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\">2021-03-22 21:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>RLX Technology stock plunged 41% in Monday morning trading as China mulls bringing e-cigarette regulation in line with traditional tobacco products.</p><p><img src=\"https://static.tigerbbs.com/fffbdb0f1b1a4ca9f5a8bf5c4e6804b8\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Two of China's regulators plan to bring the rules governing the sale of e-cigarettes and other new tobacco products in line with those for ordinary cigarettes.</p><p>The Ministry of Industry and Information Technology (MIIT) and China's State Tobacco Monopoly Administration, posted online the draft regulations that could potentially curb a fast-growing industry.</p><p>In 2019, a string of Chinese e-cigarette companies emerged targeting the domestic market, following the overseas success of the Juul.</p><p>The most successful among them, RLX Technology Inc, raised $1.4 billion in an IPO in January that valued the company at $35 billion.</p><p>RLX Technology did not immediately respond to a request for comment.</p><p>A huge market of smokers and its large electronics manufacturing industry makes China a promising market for the e-cigarette industry.</p><p>Yet the sector exists in precarious regulatory area.</p><p>China's tobacco industry is controlled entirely via a government monopoly, and strict controls determine what companies and retailers can produce and sell cigarettes.</p><p>Cigarette sales generated 5.45% of China's overall tax revenue in 2018. For this reason, industry experts have long expected the state to intervene in the business operations of China's private e-cigarette companies.</p><p>In November 2019, Chinese regulators forbid e-commerce platforms from selling e-cigarette products online. The ban swiftly curbed the growth of the sector, and many brands focused their business toward offline sales.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RLX":"雾芯科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192564804","content_text":"RLX Technology stock plunged 41% in Monday morning trading as China mulls bringing e-cigarette regulation in line with traditional tobacco products.Two of China's regulators plan to bring the rules governing the sale of e-cigarettes and other new tobacco products in line with those for ordinary cigarettes.The Ministry of Industry and Information Technology (MIIT) and China's State Tobacco Monopoly Administration, posted online the draft regulations that could potentially curb a fast-growing industry.In 2019, a string of Chinese e-cigarette companies emerged targeting the domestic market, following the overseas success of the Juul.The most successful among them, RLX Technology Inc, raised $1.4 billion in an IPO in January that valued the company at $35 billion.RLX Technology did not immediately respond to a request for comment.A huge market of smokers and its large electronics manufacturing industry makes China a promising market for the e-cigarette industry.Yet the sector exists in precarious regulatory area.China's tobacco industry is controlled entirely via a government monopoly, and strict controls determine what companies and retailers can produce and sell cigarettes.Cigarette sales generated 5.45% of China's overall tax revenue in 2018. For this reason, industry experts have long expected the state to intervene in the business operations of China's private e-cigarette companies.In November 2019, Chinese regulators forbid e-commerce platforms from selling e-cigarette products online. The ban swiftly curbed the growth of the sector, and many brands focused their business toward offline sales.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328961521,"gmtCreate":1615479911463,"gmtModify":1704783490243,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a> Waiting for it to go up ","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a> Waiting for it to go up ","text":"$NIO Inc.(NIO)$ Waiting for it to go up","images":[{"img":"https://static.tigerbbs.com/a90382663ab310dfc40c9bf75df0da7e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/328961521","isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":122841582,"gmtCreate":1624613112446,"gmtModify":1703841724569,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"The tiger event is such a scam","listText":"The tiger event is such a scam","text":"The tiger event is such a scam","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122841582","isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128589242,"gmtCreate":1624523574386,"gmtModify":1703839255638,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Hope today my stocks will do better ","listText":"Hope today my stocks will do better ","text":"Hope today my stocks will do 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Have a good day","listText":"Hi everyone. Have a good day","text":"Hi everyone. Have a good day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161951517","isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169132783,"gmtCreate":1623820901042,"gmtModify":1703820510194,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Happy 7th anniversary to tiger broker","listText":"Happy 7th anniversary to tiger broker","text":"Happy 7th anniversary to tiger broker","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169132783","isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350996144,"gmtCreate":1616146257288,"gmtModify":1704791514659,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Like and comment ","listText":"Like and comment ","text":"Like and comment","images":[{"img":"https://static.tigerbbs.com/3840c0c46c7201d0b7d081a26d9df0a1","width":"1080","height":"2941"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350996144","isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":324627484,"gmtCreate":1615990653148,"gmtModify":1704789443890,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Good buy","listText":"Good buy","text":"Good buy","images":[{"img":"https://static.tigerbbs.com/5070fae4d6947d823a5cf322791c208a","width":"1080","height":"2854"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324627484","isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":324624761,"gmtCreate":1615990622053,"gmtModify":1704789442593,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Haiz","listText":"Haiz","text":"Haiz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324624761","repostId":"1189043011","repostType":2,"repost":{"id":"1189043011","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":1615987898,"share":"https://ttm.financial/m/news/1189043011?lang=&edition=fundamental","pubTime":"2021-03-17 21:31","market":"us","language":"en","title":"Stocks Mixed as Fed Decision Looms. Tech Stocks Under Pressure","url":"https://stock-news.laohu8.com/highlight/detail?id=1189043011","media":"Tiger Newspress","summary":"(March 17) Stocks were mixed on Wednesday, though tech shares fell meaningfully as bond yields were ","content":"<p>(March 17) Stocks were mixed on Wednesday, though tech shares fell meaningfully as bond yields were on the rise again.</p><p>Futures on the Dow Jones Industrial Average were roughly flat, while the S&P 500 was indicated to open down 0.3%. Futures on the Nasdaq Composite were down 1%.</p><p>Apple, Alphabet, Facebook and Netflix all traded in the red. Tesla shed more than 2%.</p><p>The 10-year Treasury yield rose to a fresh 13-month high in early trading. The yield climbed 5 basis points above 1.67%, the highest since early February 2020 and exceeding its recent high on Friday of 1.642%. The 30-year rate jumped to 2.428%, its highest level since November 2019. Higher rates erode the value of future cash flows, hurting growth-oriented companies particularly hard.</p><p>On Wednesday, the Fed will release new economic and interest rate forecasts, which could indicate Fed officials expect to raise rates by, or even before, 2023.The central bank is expected to acknowledge stronger growth, which should put the Fed’s easy policies in the spotlight, especially given the new $1.9 trillion in federal stimulus spending.</p><p>Investors will also hear from Fed Chair Powell, who is likely to move the stock and bond markets with his commentary, despite being unlikely to offer specifics.</p><p>“There’s this assumption [Powell’s] going to be dovish tomorrow. With another round of spending, it’s hard for him not to be dovish. They are definitely afraid of scaring the market. They’re afraid of disrupting the recovery,” said Peter Boockvar, chief investment officer of Bleakley Advisory Group.</p><p>Rising interest rates have been an overhang for stocks in recent weeks, specifically the tech sector. The jump in yields has forced a shift into value stocks from growth, pushing the Dow Jones Industrial Average and S&P 500 to hover near record highs.</p><p>A strong vaccine rollout and the easing of state lockdown restrictions have also boosted reopening stocks.</p><p>Royal Caribbean and Carnival cruise lines gained about 1% apiece in early premarket trading Wednesday. Shares of McDonald's rose 1% after Deutsche Bank upgraded the stock to buy from hold.</p><p>On Tuesday,the Dow lost nearly 130 points, dragged down by a near 4% drop inBoeing'sstock. The 30-stock average snapped a seven-day winning streak, The S&P 500 dipped 0.16%, after setting a record high during the trading session.</p><p>The Nasdaq Composite was the relative outperformer, rising 0.09% as Facebook,Amazon,Apple,Netflixand Google-parentAlphabetall registered gains. The technology-heavy index was up more than 1% at one point in the session.</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>Stocks Mixed as Fed Decision Looms. Tech Stocks Under Pressure</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\">\nStocks Mixed as Fed Decision Looms. Tech Stocks Under Pressure\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\">2021-03-17 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 17) Stocks were mixed on Wednesday, though tech shares fell meaningfully as bond yields were on the rise again.</p><p>Futures on the Dow Jones Industrial Average were roughly flat, while the S&P 500 was indicated to open down 0.3%. Futures on the Nasdaq Composite were down 1%.</p><p>Apple, Alphabet, Facebook and Netflix all traded in the red. Tesla shed more than 2%.</p><p>The 10-year Treasury yield rose to a fresh 13-month high in early trading. The yield climbed 5 basis points above 1.67%, the highest since early February 2020 and exceeding its recent high on Friday of 1.642%. The 30-year rate jumped to 2.428%, its highest level since November 2019. Higher rates erode the value of future cash flows, hurting growth-oriented companies particularly hard.</p><p>On Wednesday, the Fed will release new economic and interest rate forecasts, which could indicate Fed officials expect to raise rates by, or even before, 2023.The central bank is expected to acknowledge stronger growth, which should put the Fed’s easy policies in the spotlight, especially given the new $1.9 trillion in federal stimulus spending.</p><p>Investors will also hear from Fed Chair Powell, who is likely to move the stock and bond markets with his commentary, despite being unlikely to offer specifics.</p><p>“There’s this assumption [Powell’s] going to be dovish tomorrow. With another round of spending, it’s hard for him not to be dovish. They are definitely afraid of scaring the market. They’re afraid of disrupting the recovery,” said Peter Boockvar, chief investment officer of Bleakley Advisory Group.</p><p>Rising interest rates have been an overhang for stocks in recent weeks, specifically the tech sector. The jump in yields has forced a shift into value stocks from growth, pushing the Dow Jones Industrial Average and S&P 500 to hover near record highs.</p><p>A strong vaccine rollout and the easing of state lockdown restrictions have also boosted reopening stocks.</p><p>Royal Caribbean and Carnival cruise lines gained about 1% apiece in early premarket trading Wednesday. Shares of McDonald's rose 1% after Deutsche Bank upgraded the stock to buy from hold.</p><p>On Tuesday,the Dow lost nearly 130 points, dragged down by a near 4% drop inBoeing'sstock. The 30-stock average snapped a seven-day winning streak, The S&P 500 dipped 0.16%, after setting a record high during the trading session.</p><p>The Nasdaq Composite was the relative outperformer, rising 0.09% as Facebook,Amazon,Apple,Netflixand Google-parentAlphabetall registered gains. The technology-heavy index was up more than 1% at one point in the session.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/fd680cd945fd32917c8ece66ec685e5f","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189043011","content_text":"(March 17) Stocks were mixed on Wednesday, though tech shares fell meaningfully as bond yields were on the rise again.Futures on the Dow Jones Industrial Average were roughly flat, while the S&P 500 was indicated to open down 0.3%. Futures on the Nasdaq Composite were down 1%.Apple, Alphabet, Facebook and Netflix all traded in the red. Tesla shed more than 2%.The 10-year Treasury yield rose to a fresh 13-month high in early trading. The yield climbed 5 basis points above 1.67%, the highest since early February 2020 and exceeding its recent high on Friday of 1.642%. The 30-year rate jumped to 2.428%, its highest level since November 2019. Higher rates erode the value of future cash flows, hurting growth-oriented companies particularly hard.On Wednesday, the Fed will release new economic and interest rate forecasts, which could indicate Fed officials expect to raise rates by, or even before, 2023.The central bank is expected to acknowledge stronger growth, which should put the Fed’s easy policies in the spotlight, especially given the new $1.9 trillion in federal stimulus spending.Investors will also hear from Fed Chair Powell, who is likely to move the stock and bond markets with his commentary, despite being unlikely to offer specifics.“There’s this assumption [Powell’s] going to be dovish tomorrow. With another round of spending, it’s hard for him not to be dovish. They are definitely afraid of scaring the market. They’re afraid of disrupting the recovery,” said Peter Boockvar, chief investment officer of Bleakley Advisory Group.Rising interest rates have been an overhang for stocks in recent weeks, specifically the tech sector. The jump in yields has forced a shift into value stocks from growth, pushing the Dow Jones Industrial Average and S&P 500 to hover near record highs.A strong vaccine rollout and the easing of state lockdown restrictions have also boosted reopening stocks.Royal Caribbean and Carnival cruise lines gained about 1% apiece in early premarket trading Wednesday. Shares of McDonald's rose 1% after Deutsche Bank upgraded the stock to buy from hold.On Tuesday,the Dow lost nearly 130 points, dragged down by a near 4% drop inBoeing'sstock. The 30-stock average snapped a seven-day winning streak, The S&P 500 dipped 0.16%, after setting a record high during the trading session.The Nasdaq Composite was the relative outperformer, rising 0.09% as Facebook,Amazon,Apple,Netflixand Google-parentAlphabetall registered gains. The technology-heavy index was up more than 1% at one point in the session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324624822,"gmtCreate":1615990586066,"gmtModify":1704789442100,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324624822","repostId":"1128306547","repostType":2,"repost":{"id":"1128306547","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":1615988989,"share":"https://ttm.financial/m/news/1128306547?lang=&edition=fundamental","pubTime":"2021-03-17 21:49","market":"us","language":"en","title":"GameStop stock rose more than 10%","url":"https://stock-news.laohu8.com/highlight/detail?id=1128306547","media":"Tiger Newspress","summary":"(March 17) GameStop stock rose more than 10%.Ahead of next week's earnings report, Telsey reiterates","content":"<p>(March 17) GameStop stock rose more than 10%.</p><p>Ahead of next week's earnings report, Telsey reiterates its Underperform rating on GameStop on its view that the company has not yet shown financial success.</p><p>\"Looking ahead, GameStop should benefit from: 1) the new gaming cycle, with current demand outpacing supply for new generation Microsoft and Sony consoles; 2) its agreement with RC Ventures and the board refresh; and 3) its healthy balance sheet, with a net cash position of $101MM at the end of 3Q20. However, the company has yet to show financial success in an industry that is rapidly shifting to digital.\"</p><p>Speaking of GameStop's earnings day, the conference call on March 23 at 5:00 p.m. is a must listen for GME longs and shorts.</p><p>Inquiring minds want to know if GameStop is either considering floating new shares to take advantage of hot retail-level demand or buying back shares asBank of America suggested.</p><p>Though GameStop, the poster-WSB/Reddit stock, fell for a second day on Tuesday, leaving it on pace for its worst two days in more than a month.</p><p>This is all happening ahead of the latest Congressional hearing on retail investing and short selling. The House Financial Services Committee will continue its investigation into the short squeeze of meme stocks that occurred in late January, convening seven expert witnesses to weigh in with proposals to reform U.S. market structure. That could help the system avoid a repeat of the events, when Robinhood (RBNHD) and other retail brokers restricted purchases of popular stocks to manage a surge in clearinghouse demands for collateral.</p><p><img src=\"https://static.tigerbbs.com/73faab6d55b37015a43acecf2920df83\" tg-width=\"685\" tg-height=\"479\" 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>GameStop stock rose more than 10%</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\">\nGameStop stock rose more than 10%\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\">2021-03-17 21:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 17) GameStop stock rose more than 10%.</p><p>Ahead of next week's earnings report, Telsey reiterates its Underperform rating on GameStop on its view that the company has not yet shown financial success.</p><p>\"Looking ahead, GameStop should benefit from: 1) the new gaming cycle, with current demand outpacing supply for new generation Microsoft and Sony consoles; 2) its agreement with RC Ventures and the board refresh; and 3) its healthy balance sheet, with a net cash position of $101MM at the end of 3Q20. However, the company has yet to show financial success in an industry that is rapidly shifting to digital.\"</p><p>Speaking of GameStop's earnings day, the conference call on March 23 at 5:00 p.m. is a must listen for GME longs and shorts.</p><p>Inquiring minds want to know if GameStop is either considering floating new shares to take advantage of hot retail-level demand or buying back shares asBank of America suggested.</p><p>Though GameStop, the poster-WSB/Reddit stock, fell for a second day on Tuesday, leaving it on pace for its worst two days in more than a month.</p><p>This is all happening ahead of the latest Congressional hearing on retail investing and short selling. The House Financial Services Committee will continue its investigation into the short squeeze of meme stocks that occurred in late January, convening seven expert witnesses to weigh in with proposals to reform U.S. market structure. That could help the system avoid a repeat of the events, when Robinhood (RBNHD) and other retail brokers restricted purchases of popular stocks to manage a surge in clearinghouse demands for collateral.</p><p><img src=\"https://static.tigerbbs.com/73faab6d55b37015a43acecf2920df83\" tg-width=\"685\" tg-height=\"479\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128306547","content_text":"(March 17) GameStop stock rose more than 10%.Ahead of next week's earnings report, Telsey reiterates its Underperform rating on GameStop on its view that the company has not yet shown financial success.\"Looking ahead, GameStop should benefit from: 1) the new gaming cycle, with current demand outpacing supply for new generation Microsoft and Sony consoles; 2) its agreement with RC Ventures and the board refresh; and 3) its healthy balance sheet, with a net cash position of $101MM at the end of 3Q20. However, the company has yet to show financial success in an industry that is rapidly shifting to digital.\"Speaking of GameStop's earnings day, the conference call on March 23 at 5:00 p.m. is a must listen for GME longs and shorts.Inquiring minds want to know if GameStop is either considering floating new shares to take advantage of hot retail-level demand or buying back shares asBank of America suggested.Though GameStop, the poster-WSB/Reddit stock, fell for a second day on Tuesday, leaving it on pace for its worst two days in more than a month.This is all happening ahead of the latest Congressional hearing on retail investing and short selling. The House Financial Services Committee will continue its investigation into the short squeeze of meme stocks that occurred in late January, convening seven expert witnesses to weigh in with proposals to reform U.S. market structure. That could help the system avoid a repeat of the events, when Robinhood (RBNHD) and other retail brokers restricted purchases of popular stocks to manage a surge in clearinghouse demands for collateral.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325978251,"gmtCreate":1615860623273,"gmtModify":1704787582120,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325978251","repostId":"1167584552","repostType":2,"repost":{"id":"1167584552","pubTimestamp":1615857181,"share":"https://ttm.financial/m/news/1167584552?lang=&edition=fundamental","pubTime":"2021-03-16 09:13","market":"us","language":"en","title":"Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts","url":"https://stock-news.laohu8.com/highlight/detail?id=1167584552","media":"CNN Business","summary":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that econ","content":"<p><b>New York (CNN Business)- </b>President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.</p>\n<p>Goldman Sachs predicts the US economy will rebound sharply from the pandemic, registering China-like GDP growth of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.</p>\n<p>Over the weekend, Goldman Sachs, citing the larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.</p>\n<p>If this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the 50-year low of 3.5% by the end of 2022.</p>\n<p>Taken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.</p>\n<p>\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.</p>\n<p>The Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.</p>\n<p>The American Rescue Plan includes $1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.</p>\n<p><b>'Springtime in America'</b></p>\n<p>Beyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.</p>\n<p>The rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.</p>\n<p>\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"</p>\n<p>Meanwhile, there are signs that Washington will not rush to remove some of its support for the economy.</p>\n<p>Goldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.</p>\n<p><b>Hiring rebound in schools</b></p>\n<p>Another reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.</p>\n<p>State and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those job losses are linked to closed schools.</p>\n<p>But Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.</p>\n<p>By contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.</p>\n<p><b>Inflation jitters</b></p>\n<p>All of this spending from Washington has raised concerns on Wall Street that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on inflation fears and further increases could make stocks look less attractive compared with boring bonds.</p>\n<p>Federal Reserve Chairman Jerome Powell will seek to reassure investors this week that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.</p>\n<p>\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.</p>\n<p>However, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.</p>\n<p>\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"</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>Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts</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\">\nBiden's stimulus will keep America's economy humming for years, Goldman Sachs predicts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 09:13 GMT+8 <a href=https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs...</p>\n\n<a href=\"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167584552","content_text":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs predicts the US economy will rebound sharply from the pandemic, registering China-like GDP growth of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.\nOver the weekend, Goldman Sachs, citing the larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.\nIf this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the 50-year low of 3.5% by the end of 2022.\nTaken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.\n\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.\nThe Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.\nThe American Rescue Plan includes $1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.\n'Springtime in America'\nBeyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.\nThe rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.\n\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"\nMeanwhile, there are signs that Washington will not rush to remove some of its support for the economy.\nGoldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.\nHiring rebound in schools\nAnother reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.\nState and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those job losses are linked to closed schools.\nBut Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.\nBy contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.\nInflation jitters\nAll of this spending from Washington has raised concerns on Wall Street that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on inflation fears and further increases could make stocks look less attractive compared with boring bonds.\nFederal Reserve Chairman Jerome Powell will seek to reassure investors this week that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.\n\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.\nHowever, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.\n\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322703692,"gmtCreate":1615824032816,"gmtModify":1704787194485,"author":{"id":"3577080633687535","authorId":"3577080633687535","name":"LLTrader","avatar":"https://static.tigerbbs.com/e0de169115daf024bcb12e34633b9d4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577080633687535","authorIdStr":"3577080633687535"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> hope the streak continues ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> hope the streak continues ","text":"$Tiger Brokers(TIGR)$ hope the streak continues","images":[{"img":"https://static.tigerbbs.com/ae064e2a824e26926137bcf2ef2f7d36","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322703692","isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}