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2021-06-08

$PayPal(PYPL)$ should I sell at 268?

2021-05-19

Since crypto-backed stocks and bank stocks are both plummeting, does it suggest that the monetary system is going to face a huge crisis? Will a great reset be possible in the near future?

Crypto stocks tumbled in premarket trading

2021-06-26

$Apple(AAPL)$ The best long term stock in my opinion, a company playing the infinite game will keep on going regardless of anti trust laws or competition from MSFT or GOOG.

2021-06-27

As a astronomy enthusiast, I'm extremely about this company and its growth potential. However, as an investor, I'm worried about the profitability of this stock and company, especially since people are more reluctant to travel overseas, let alone travel out of Earth. Another reason is also because of its extremely high cost, coupled with the 'not so transitory' inflation awaiting the global economy.Note that this is just my opinion and is by no means any investment advice so I'm open to hearing your opinions as well...

Sorry, the original content has been removed

2021-06-26

Get ready for the decline, dear investors!

2021-06-21

Yes, GE is slowly recovering its aviation sector and when that happens, its business I'd going to reach its prime and the stock is probably going to follow suit!

BRIEF-China Express Airlines Orders 58 Spare Engines For $433.0 Mln From GE's Units

2021-06-21

Great ariticle, would you like to share it?

Powell Just Launched $2 Trillion In "Heat-Seeking Missiles": Zoltan Explains How The Fed Started The Next Repo Crisis

2021-06-14

This high-dividend yield stock may just be ur safest bet in a potential market correction

2021-06-13

Is buying consumer stocks a safe bet for now? Looking into PG and CL, but felt that PG is still a better earner now and in the long run

2021-06-08

While many flocks to EV like NIO BYD XPENG and TSLA, I prefer to stay with the home brand carmaker, Toyota. It has been growing and will continue to do so...

2021-05-31

$NextEra(NEE)$ , a stock pick that I truly am confident in for the next 5/10 years.

2021-05-28

What do u guys think of this stock? High Dividend yield and positive earnings are good but are their business management team honest and responsible and capable? I'm considering this stock...

2021-05-25

Yes. Cautionary measures and approaches should still be taken during such a volatile period. Dialling back on efforts to stimulate the economy may just backfire on then

Fed's George not ready to dismiss signals of higher inflation

2021-05-19

While most of the energy stocks are plunging, renewable energy stocks are still in the slow rise....Where do u think this stock will go from here?

Go to Tiger App to see more news

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Another reason is also because of its extremely high cost, coupled with the 'not so transitory' inflation awaiting the global economy.Note that this is just my opinion and is by no means any investment advice so I'm open to hearing your opinions as well...&nbsp;","listText":"As a astronomy enthusiast, I'm extremely about this company and its growth potential.&nbsp;However, as an investor, I'm worried about the profitability of this stock and company, especially since people are more reluctant to travel overseas, let alone travel out of Earth. Another reason is also because of its extremely high cost, coupled with the 'not so transitory' inflation awaiting the global economy.Note that this is just my opinion and is by no means any investment advice so I'm open to hearing your opinions as well...&nbsp;","text":"As a astronomy enthusiast, I'm extremely about this company and its growth potential. However, as an investor, I'm worried about the profitability of this stock and company, especially since people are more reluctant to travel overseas, let alone travel out of Earth. Another reason is also because of its extremely high cost, coupled with the 'not so transitory' inflation awaiting the global economy.Note that this is just my opinion and is by no means any investment advice so I'm open to hearing your opinions as well...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124647735","repostId":"1172737444","repostType":4,"repost":{"id":"1172737444","pubTimestamp":1624757040,"share":"https://ttm.financial/m/news/1172737444?lang=&edition=fundamental","pubTime":"2021-06-27 09:24","market":"us","language":"en","title":"SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=1172737444","media":"InvestorPlace","summary":"What goes up, must come down. But then it can go up again.","content":"<p><b>Virgin Galactic</b>(NYSE:<b><u>SPCE</u></b>) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA)&nbsp;approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders.</p>\n<p>This further bolsters SPCE stock’s current out-of-this-world run.</p>\n<p><b>SPCE Stock’s Meteoric Rise</b></p>\n<p>Five weeks ago, this was a $15 stock.</p>\n<p>And even after an initial boom into the $20 range, we still recommended SPCE stock.We said it would continue to rise and would soon hit $50. And it did.</p>\n<p>Virgin Galactic flawlessly launched a successful test flight, announced tentative plans to fly Richard Branson into space over July 4th weekend and just now won FAA approval for full operations. As a result, we’ve hit that $50+ price point.</p>\n<p>Everything is firing on all cylinders at Virgin Galactic.</p>\n<p>We think this is the beginning of Virgin going from “cool concept” to “valuable business.”</p>\n<p>Over the next six months, Virgin will start flying people into space. Over the next five years, those few-and-far-between flights will become more regular. And over the next 10 years, Virgin Galactic will be operating multiple spaceports. They’ll be flying dozens of people into space from those spaceports every single month.</p>\n<p>And the company will be generating billions of dollars in high-margin revenue.</p>\n<p><b>It All Starts Now</b></p>\n<p>The future is here and very, very bright. We love Virgin Galactic SPCE stock in the long term.</p>\n<p>There is some concern with respect to valuation and short squeezing here, with SPCE stock pushing up against a historical barrier in terms of valuation. A lot of this recent rally can be attributed to short-sellers covering their positions. This cannot last forever.</p>\n<p>And as such, we expect a near-term pullback in SPCE stock. But that pullback will be a fantastic time to buy, because this stock is solid.</p>\n<p>SPCE is one of my top picks in the<i>Space Race 2.0</i>megatrend. Long-term, this stock will score investors big returns.</p>\n<p>But it’s not the only high-growth, high-return stock on my radar today.</p>\n<p>In fact, I have more than 40 hypergrowth stocks that could score investors Amazon-like returns over the next months and years.</p>\n<p>These stocks include the world’s most exciting autonomous vehicle startup, a world-class “Digitainment” stock creating the building blocks of the metaverse, a company that we fully believe is a “Tesla-killer,” and many more.</p>","source":"lsy1606302653667","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>SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying</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\">\nSPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 09:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Virgin Galactic(NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172737444","content_text":"Virgin Galactic(NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders.\nThis further bolsters SPCE stock’s current out-of-this-world run.\nSPCE Stock’s Meteoric Rise\nFive weeks ago, this was a $15 stock.\nAnd even after an initial boom into the $20 range, we still recommended SPCE stock.We said it would continue to rise and would soon hit $50. And it did.\nVirgin Galactic flawlessly launched a successful test flight, announced tentative plans to fly Richard Branson into space over July 4th weekend and just now won FAA approval for full operations. As a result, we’ve hit that $50+ price point.\nEverything is firing on all cylinders at Virgin Galactic.\nWe think this is the beginning of Virgin going from “cool concept” to “valuable business.”\nOver the next six months, Virgin will start flying people into space. Over the next five years, those few-and-far-between flights will become more regular. And over the next 10 years, Virgin Galactic will be operating multiple spaceports. They’ll be flying dozens of people into space from those spaceports every single month.\nAnd the company will be generating billions of dollars in high-margin revenue.\nIt All Starts Now\nThe future is here and very, very bright. We love Virgin Galactic SPCE stock in the long term.\nThere is some concern with respect to valuation and short squeezing here, with SPCE stock pushing up against a historical barrier in terms of valuation. A lot of this recent rally can be attributed to short-sellers covering their positions. This cannot last forever.\nAnd as such, we expect a near-term pullback in SPCE stock. But that pullback will be a fantastic time to buy, because this stock is solid.\nSPCE is one of my top picks in theSpace Race 2.0megatrend. Long-term, this stock will score investors big returns.\nBut it’s not the only high-growth, high-return stock on my radar today.\nIn fact, I have more than 40 hypergrowth stocks that could score investors Amazon-like returns over the next months and years.\nThese stocks include the world’s most exciting autonomous vehicle startup, a world-class “Digitainment” stock creating the building blocks of the metaverse, a company that we fully believe is a “Tesla-killer,” and many more.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125856501,"gmtCreate":1624668858503,"gmtModify":1703843134647,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Get ready for the decline,&nbsp; dear investors!&nbsp;","listText":"Get ready for the decline,&nbsp; dear investors!&nbsp;","text":"Get ready for the decline, dear investors!","images":[{"img":"https://static.tigerbbs.com/2d651700611cbd192776a84958b7cfc4","width":"1080","height":"3528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125856501","isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":125851379,"gmtCreate":1624668742691,"gmtModify":1703843130894,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp;The best long term stock in my opinion, a company playing the infinite game will keep on going regardless of anti trust laws or competition from MSFT or GOOG.&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp;The best long term stock in my opinion, a company playing the infinite game will keep on going regardless of anti trust laws or competition from MSFT or GOOG.&nbsp;","text":"$Apple(AAPL)$ The best long term stock in my opinion, a company playing the infinite game will keep on going regardless of anti trust laws or competition from MSFT or GOOG.","images":[{"img":"https://static.tigerbbs.com/24c36a84110bd3fa5df0cea0f42cba12","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/125851379","isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":167560719,"gmtCreate":1624277910631,"gmtModify":1703832207630,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Yes, GE is slowly recovering its aviation sector and when that happens, its business I'd going to reach its prime and the stock is probably going to follow suit!&nbsp;","listText":"Yes, GE is slowly recovering its aviation sector and when that happens, its business I'd going to reach its prime and the stock is probably going to follow suit!&nbsp;","text":"Yes, GE is slowly recovering its aviation sector and when that happens, its business I'd going to reach its prime and the stock is probably going to follow suit!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167560719","repostId":"2145908123","repostType":2,"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167584415,"gmtCreate":1624277733637,"gmtModify":1703832204707,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167584415","repostId":"1146982088","repostType":4,"repost":{"id":"1146982088","pubTimestamp":1624259620,"share":"https://ttm.financial/m/news/1146982088?lang=&edition=fundamental","pubTime":"2021-06-21 15:13","market":"us","language":"en","title":"Powell Just Launched $2 Trillion In \"Heat-Seeking Missiles\": Zoltan Explains How The Fed Started The Next Repo Crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=1146982088","media":"zerohedge","summary":"Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpect","content":"<p>Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the two key \"administered\" rates, raising both the IOER and RRP rates by 5 basis points (as correctly predicted by Bank of America, JPMorgan, Wrightson, Deutsche Bank and Wells Fargo while Citi, Oxford Economics, Jefferies, Credit Suisse, Standard Chartered, BMO were wrong in predicting no rate change), in an effort to push the Effective Fed Funds rate higher and away from its imminent rendezvous with 0%.</p>\n<p><img src=\"https://static.tigerbbs.com/31e3c93e7ae558cd9f2fdb7e4a2769f1\" tg-width=\"500\" tg-height=\"377\">What does this mean? As Curvature Securities repo guru,Scott Skyrm wrote last week, \"clearly the Fed intends to move overnight rates above zero and drain the RRP&nbsp; facility of cash.\" Unfortunately, the end result would be precisely the opposite of what the Fed had wanted to achieve.</p>\n<p>But what does this really mean for overnight rates and RRP volume? As Skyrm further noted, the increase in the IOER should pull the daily fed funds rate 5 basis points higher and, in turn, put upward pressure on Repo GC. Combined with the 5 basis point increase in RRP, GC should move a solid 5 basis points higher, which it has.</p>\n<p><img src=\"https://static.tigerbbs.com/e8b99df7af1731b4bdcbcf072dcf39ce\" tg-width=\"500\" tg-height=\"272\">The problem, as Skyrm warned, is that the Fed's technical adjustment would do nothing to ease the RRP volume:</p>\n<blockquote>\n When market Repo rates were at 0% and the RRP rate was at zero, ~$500 billion went into the RRP. Well, if both market Repo rates and the RRP rate are 5 basis points higher, there's no reason to pull cash out of the RRP. For example, if GC rates moved to .05% and the RRP rate stayed at zero, investor preferences to invest at a higher rate would remove cash from the RRP.\n</blockquote>\n<p>Bottom line: with both market rates and RRP at .05%, there's really no economic incentive for cash investors to move cash to the Repo market. Or, as we summarized, \"<i>the Fed's rate change may have zero impact on the Fed's reverse repo facility, or the record half a trillion in cash parked there.\"</i></p>\n<p>In retrospect, boy was that an understatement, because just one day later the already record usage of the Fed's Reverse Repo facility spiked by a record 50%, exploding to a staggering $756 billion (it closed Friday at $747 billion) as the GSEs.</p>\n<p><img src=\"https://static.tigerbbs.com/0fba18d7808300abc3bdf4ffaa3d5fb6\" tg-width=\"500\" tg-height=\"273\">Needless to say, flooding the Fed's RRP facility and sterilizing reserves is hardly what the Fed had intended, and as Credit Suisse's own repo guru (and former NY Fed staffer) Zoltan Pozsar wrote in his post-mortem, \"<b>the re-priced RRP facility will become a problem for the banking system fast:</b><b><u>the banking system is going from being asset constrained (deposits flooding in, but nowhere to lend them but to the Fed), to being liability constrained (deposits slipping away and nowhere to replace them but in the money market</u></b><b>).\"</b></p>\n<p>What he means by that is that whereas previously the RRP rate of 0.00% did not<i>reward</i>allocation of inert, excess reserves but merely provided a place to park them, now that the Fed is providing a generous yield pick up compared to rates offered by trillions in Bills, we are about to see a sea-change in the overnight, money-market, as trillions in capital reallocate away from traditional investments and into the the Fed's RRP.</p>\n<p>In other words, as Pozsar puts it, \"the RRP facility started to sterilize reserves... with more to come.\" And just as Deutsche Bank explained why the Fed's signaling was an r* policy error, to Pozsar, the Fed<i><b>also</b></i>made a policy error - only this time with its technical rates - by steriling reserves because \"it’s one thing to raise the rate on the RRP facility when an increase was not strictly speaking necessary, and it’s another to raise it “unduly” high – as one money fund manager put it, “<b>yesterday we could not even get a basis points a year; to get endless paper at five basis points from the most trusted counterparty is a dream come true.\"</b></p>\n<p>He's right: while 0bps may have been viewed by many as too low, it was hardly catastrophic for now (Credit Suisse was one of those predicting no administered rate hike),<b>5bps is too generous</b>, according to Pozsar who warns that the new reverse repo rate<b>will upset the state of \"singularity\"</b>and \"like heat-seeking missiles, money market investors move hundreds of billions, making sharp, 90º turns hunting for even a basis point of yield at the zero bound –<b>at 5 bps, money funds have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.\"</b></p>\n<p>Indeed, as shown below, bills yield less than 5 bps out to 6 months,<b>and money funds have over $2 trillion of bills.</b>They got an the incentive to sell, while others have the incentive to buy: institutions whose deposits have been “tolerated” by banks until now earning zero interest have an incentive to harvest the 0-5 bps range the bill curve has to offer. Putting your cash at a basis point in bills is better than deposits at zero.<b>So the sterilization of reserves begins, and so the o/n RRP facility turns from a largely passive tool that provided an interest rate floor to the deposits that large banks have been pushing away, into an active tool that \"sucks\" the deposits away that banks decided to retain.</b></p>\n<p><img src=\"https://static.tigerbbs.com/bf593f7b1d2d665f39384ed6a998d3bf\" tg-width=\"500\" tg-height=\"403\">To help readers visualize what is going on, the Credit Suisse strategist suggest the following \"extreme\" thought experiment: most of the “Covid-19” deposits currently with banks go into the bill market where rates are better. Money funds sell bills to institutional investors that currently keep their cash at banks, and money funds swap bills for o/n RRPs. Said (somewhat) simply, while previously the Fed provided banks with a convenient place to park reserves, it now will actively drain reserves to the point where we may end up with another 2019-style repo crisis, as most financial institutions suddenly find themsleves with<i><b>too few</b></i>intraday reserves, forcing them to use the Fed's other funding facilities (such as FX swap lines) to remain consistently solvent.</p>\n<p>This process is not overnight. It will take a few weeks to observe the fallout from the Fed's reserve sterilization.</p>\n<p>And here is why the problem is similar to the repo crisis of 2019: soon we will find that while cash-rich banks can handle the outflows,<b>some bond-heavy banks cannot.</b>As a result, Zoltan predicts that next \"we will notice that some banks (those who can<i><b>not</b></i>handle outflows) are borrowing advances from FHLBs, and cash-rich banks stop lending in the FX swap market as the RRP facility pulled reserves away from them and the Fed has to re-start the FX swap lines to offset.\"</p>\n<p>Bottom line:<i><b>whereas previously we saw Libor-OIS collapse, this key funding spread will have to widen from here, unless the Fed lowers the o/n RRP rate again back to where it was before.</b></i></p>\n<p>Or, as Zoltan summarizes, \"It’s either quantities or prices\" - indeed,<b>in 2019 the Fed chose prices over quantities, which backfired, and led to the repo crisis which ended the Fed's hiking cycle and started \"NOT QE.\"</b>While the Fed redeemed itself in February, when it expanded the usage of the RRP without making it liability-constrained as it chose quantities over prices - which worked well - last Wednesday,<b>the Fed turned “unlimited” quantities into “money for free” and started to sterilize reserves.</b></p>\n<p>Bottom line: \"we are witnessing the dealer of last resort (DoLR) learning the art of dealing, making unforced errors – if the Fed sterilizes with an overpriced o/n RRP facility, it has to be ready to add liquidity via the swap lines…\"</p>\n<p>Translation:&nbsp;<b>by paying trillions in reserves 5bps, the Fed just planted the seeds of the next liquidity crisis.</b></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell Just Launched $2 Trillion In \"Heat-Seeking Missiles\": Zoltan Explains How The Fed Started The Next Repo Crisis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell Just Launched $2 Trillion In \"Heat-Seeking Missiles\": Zoltan Explains How The Fed Started The Next Repo Crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 15:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the...</p>\n\n<a href=\"https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next\">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","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146982088","content_text":"Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the two key \"administered\" rates, raising both the IOER and RRP rates by 5 basis points (as correctly predicted by Bank of America, JPMorgan, Wrightson, Deutsche Bank and Wells Fargo while Citi, Oxford Economics, Jefferies, Credit Suisse, Standard Chartered, BMO were wrong in predicting no rate change), in an effort to push the Effective Fed Funds rate higher and away from its imminent rendezvous with 0%.\nWhat does this mean? As Curvature Securities repo guru,Scott Skyrm wrote last week, \"clearly the Fed intends to move overnight rates above zero and drain the RRP  facility of cash.\" Unfortunately, the end result would be precisely the opposite of what the Fed had wanted to achieve.\nBut what does this really mean for overnight rates and RRP volume? As Skyrm further noted, the increase in the IOER should pull the daily fed funds rate 5 basis points higher and, in turn, put upward pressure on Repo GC. Combined with the 5 basis point increase in RRP, GC should move a solid 5 basis points higher, which it has.\nThe problem, as Skyrm warned, is that the Fed's technical adjustment would do nothing to ease the RRP volume:\n\n When market Repo rates were at 0% and the RRP rate was at zero, ~$500 billion went into the RRP. Well, if both market Repo rates and the RRP rate are 5 basis points higher, there's no reason to pull cash out of the RRP. For example, if GC rates moved to .05% and the RRP rate stayed at zero, investor preferences to invest at a higher rate would remove cash from the RRP.\n\nBottom line: with both market rates and RRP at .05%, there's really no economic incentive for cash investors to move cash to the Repo market. Or, as we summarized, \"the Fed's rate change may have zero impact on the Fed's reverse repo facility, or the record half a trillion in cash parked there.\"\nIn retrospect, boy was that an understatement, because just one day later the already record usage of the Fed's Reverse Repo facility spiked by a record 50%, exploding to a staggering $756 billion (it closed Friday at $747 billion) as the GSEs.\nNeedless to say, flooding the Fed's RRP facility and sterilizing reserves is hardly what the Fed had intended, and as Credit Suisse's own repo guru (and former NY Fed staffer) Zoltan Pozsar wrote in his post-mortem, \"the re-priced RRP facility will become a problem for the banking system fast:the banking system is going from being asset constrained (deposits flooding in, but nowhere to lend them but to the Fed), to being liability constrained (deposits slipping away and nowhere to replace them but in the money market).\"\nWhat he means by that is that whereas previously the RRP rate of 0.00% did notrewardallocation of inert, excess reserves but merely provided a place to park them, now that the Fed is providing a generous yield pick up compared to rates offered by trillions in Bills, we are about to see a sea-change in the overnight, money-market, as trillions in capital reallocate away from traditional investments and into the the Fed's RRP.\nIn other words, as Pozsar puts it, \"the RRP facility started to sterilize reserves... with more to come.\" And just as Deutsche Bank explained why the Fed's signaling was an r* policy error, to Pozsar, the Fedalsomade a policy error - only this time with its technical rates - by steriling reserves because \"it’s one thing to raise the rate on the RRP facility when an increase was not strictly speaking necessary, and it’s another to raise it “unduly” high – as one money fund manager put it, “yesterday we could not even get a basis points a year; to get endless paper at five basis points from the most trusted counterparty is a dream come true.\"\nHe's right: while 0bps may have been viewed by many as too low, it was hardly catastrophic for now (Credit Suisse was one of those predicting no administered rate hike),5bps is too generous, according to Pozsar who warns that the new reverse repo ratewill upset the state of \"singularity\"and \"like heat-seeking missiles, money market investors move hundreds of billions, making sharp, 90º turns hunting for even a basis point of yield at the zero bound –at 5 bps, money funds have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.\"\nIndeed, as shown below, bills yield less than 5 bps out to 6 months,and money funds have over $2 trillion of bills.They got an the incentive to sell, while others have the incentive to buy: institutions whose deposits have been “tolerated” by banks until now earning zero interest have an incentive to harvest the 0-5 bps range the bill curve has to offer. Putting your cash at a basis point in bills is better than deposits at zero.So the sterilization of reserves begins, and so the o/n RRP facility turns from a largely passive tool that provided an interest rate floor to the deposits that large banks have been pushing away, into an active tool that \"sucks\" the deposits away that banks decided to retain.\nTo help readers visualize what is going on, the Credit Suisse strategist suggest the following \"extreme\" thought experiment: most of the “Covid-19” deposits currently with banks go into the bill market where rates are better. Money funds sell bills to institutional investors that currently keep their cash at banks, and money funds swap bills for o/n RRPs. Said (somewhat) simply, while previously the Fed provided banks with a convenient place to park reserves, it now will actively drain reserves to the point where we may end up with another 2019-style repo crisis, as most financial institutions suddenly find themsleves withtoo fewintraday reserves, forcing them to use the Fed's other funding facilities (such as FX swap lines) to remain consistently solvent.\nThis process is not overnight. It will take a few weeks to observe the fallout from the Fed's reserve sterilization.\nAnd here is why the problem is similar to the repo crisis of 2019: soon we will find that while cash-rich banks can handle the outflows,some bond-heavy banks cannot.As a result, Zoltan predicts that next \"we will notice that some banks (those who cannothandle outflows) are borrowing advances from FHLBs, and cash-rich banks stop lending in the FX swap market as the RRP facility pulled reserves away from them and the Fed has to re-start the FX swap lines to offset.\"\nBottom line:whereas previously we saw Libor-OIS collapse, this key funding spread will have to widen from here, unless the Fed lowers the o/n RRP rate again back to where it was before.\nOr, as Zoltan summarizes, \"It’s either quantities or prices\" - indeed,in 2019 the Fed chose prices over quantities, which backfired, and led to the repo crisis which ended the Fed's hiking cycle and started \"NOT QE.\"While the Fed redeemed itself in February, when it expanded the usage of the RRP without making it liability-constrained as it chose quantities over prices - which worked well - last Wednesday,the Fed turned “unlimited” quantities into “money for free” and started to sterilize reserves.\nBottom line: \"we are witnessing the dealer of last resort (DoLR) learning the art of dealing, making unforced errors – if the Fed sterilizes with an overpriced o/n RRP facility, it has to be ready to add liquidity via the swap lines…\"\nTranslation: by paying trillions in reserves 5bps, the Fed just planted the seeds of the next liquidity crisis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185939598,"gmtCreate":1623629750114,"gmtModify":1704207179530,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"This high-dividend yield stock may just be ur safest bet in a potential market correction","listText":"This high-dividend yield stock may just be ur safest bet in a potential market correction","text":"This high-dividend yield stock may just be ur safest bet in a potential market correction","images":[{"img":"https://static.tigerbbs.com/2cc10a93e4f6512dc0d5a78942ba8cf2","width":"1080","height":"3528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185939598","isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":182165136,"gmtCreate":1623558405825,"gmtModify":1704206151711,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Is buying consumer stocks a safe bet for now? Looking into PG and CL, but felt that PG is still a better earner now and in the long run","listText":"Is buying consumer stocks a safe bet for now? Looking into PG and CL, but felt that PG is still a better earner now and in the long run","text":"Is buying consumer stocks a safe bet for now? Looking into PG and CL, but felt that PG is still a better earner now and in the long run","images":[{"img":"https://static.tigerbbs.com/4441ede7272d1c39f952618f6398f625","width":"1080","height":"3528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182165136","isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117660693,"gmtCreate":1623138542612,"gmtModify":1704196840069,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"While many flocks to EV like NIO BYD XPENG and TSLA, I prefer to stay with the home brand carmaker, Toyota. It has been growing and will continue to do so...&nbsp;","listText":"While many flocks to EV like NIO BYD XPENG and TSLA, I prefer to stay with the home brand carmaker, Toyota. It has been growing and will continue to do so...&nbsp;","text":"While many flocks to EV like NIO BYD XPENG and TSLA, I prefer to stay with the home brand carmaker, Toyota. It has been growing and will continue to do so...","images":[{"img":"https://static.tigerbbs.com/3cff292752c4a68fc877d94b76462495","width":"1080","height":"3192"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117660693","isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117687312,"gmtCreate":1623138434636,"gmtModify":1704196840394,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>&nbsp; should I sell at 268?","listText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>&nbsp; should I sell at 268?","text":"$PayPal(PYPL)$ should I sell at 268?","images":[{"img":"https://static.tigerbbs.com/cb0857f8b420b471fe9a6459df674f6d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/117687312","isVote":1,"tweetType":1,"viewCount":931,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3561028233998021","authorId":"3561028233998021","name":"QueenX","avatar":"https://static.tigerbbs.com/6ec9acfde2fe354ae7f3eb07c3b240b1","crmLevel":6,"crmLevelSwitch":0,"idStr":"3561028233998021","authorIdStr":"3561028233998021"},"content":"Why not hold? Think theres still some runway","text":"Why not hold? Think theres still some runway","html":"Why not hold? Think theres still some runway"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":110924664,"gmtCreate":1622422655758,"gmtModify":1704184067592,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NEE\">$NextEra(NEE)$</a>&nbsp;, a stock pick that I truly am confident in for the next 5/10 years.&nbsp;","listText":"<a href=\"https://laohu8.com/S/NEE\">$NextEra(NEE)$</a>&nbsp;, a stock pick that I truly am confident in for the next 5/10 years.&nbsp;","text":"$NextEra(NEE)$ , a stock pick that I truly am confident in for the next 5/10 years.","images":[{"img":"https://static.tigerbbs.com/cde06ba7010edec2881284fbfdb4db14","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110924664","isVote":1,"tweetType":1,"viewCount":570,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":135173518,"gmtCreate":1622154506634,"gmtModify":1704180316939,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"What do u guys think of this stock? High Dividend&nbsp;yield&nbsp;and positive earnings are good but&nbsp;are their business management team honest and responsible and capable? I'm considering this stock...","listText":"What do u guys think of this stock? High Dividend&nbsp;yield&nbsp;and positive earnings are good but&nbsp;are their business management team honest and responsible and capable? I'm considering this stock...","text":"What do u guys think of this stock? High Dividend yield and positive earnings are good but are their business management team honest and responsible and capable? I'm considering this stock...","images":[{"img":"https://static.tigerbbs.com/05f30d82e3b28bbd469c3fec9ec41a50","width":"1080","height":"2189"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135173518","isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":138027974,"gmtCreate":1621902096198,"gmtModify":1704364042292,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Yes. Cautionary measures and approaches&nbsp;should still be taken during such a volatile period. Dialling back on efforts to stimulate the economy may just backfire on then","listText":"Yes. Cautionary measures and approaches&nbsp;should still be taken during such a volatile period. Dialling back on efforts to stimulate the economy may just backfire on then","text":"Yes. Cautionary measures and approaches should still be taken during such a volatile period. Dialling back on efforts to stimulate the economy may just backfire on then","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138027974","repostId":"2138151165","repostType":2,"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197020860,"gmtCreate":1621412066250,"gmtModify":1704357197052,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Since crypto-backed stocks and bank stocks are both plummeting, does it suggest that the monetary system is going to face a huge crisis? Will a great reset be possible in the near future?&nbsp;","listText":"Since crypto-backed stocks and bank stocks are both plummeting, does it suggest that the monetary system is going to face a huge crisis? Will a great reset be possible in the near future?&nbsp;","text":"Since crypto-backed stocks and bank stocks are both plummeting, does it suggest that the monetary system is going to face a huge crisis? Will a great reset be possible in the near future?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/197020860","repostId":"2136822915","repostType":2,"isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570479349727470","authorId":"3570479349727470","name":"ALIBINHASSAN","avatar":"https://static.tigerbbs.com/1a7c31b79e7bff28841c5f18dca737f4","crmLevel":2,"crmLevelSwitch":0,"idStr":"3570479349727470","authorIdStr":"3570479349727470"},"content":"What the big boys are saying is....time to sell and buy it back when the price became low by our selling.... Let the small boys suffer... who cares about the small boys buying peanuts and losing cash.","text":"What the big boys are saying is....time to sell and buy it back when the price became low by our selling.... Let the small boys suffer... who cares about the small boys buying peanuts and losing cash.","html":"What the big boys are saying is....time to sell and buy it back when the price became low by our selling.... Let the small boys suffer... who cares about the small boys buying peanuts and losing cash."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194516415,"gmtCreate":1621386452537,"gmtModify":1704356750829,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"While most of&nbsp;the energy stocks are plunging, renewable energy stocks are still in the slow rise....Where do u think this stock will go from here?&nbsp;","listText":"While most of&nbsp;the energy stocks are plunging, renewable energy stocks are still in the slow rise....Where do u think this stock will go from here?&nbsp;","text":"While most of the energy stocks are plunging, renewable energy stocks are still in the slow rise....Where do u think this stock will go from here?","images":[{"img":"https://static.tigerbbs.com/d3b825b0cbb393ffe974003de37aa5e9","width":"1080","height":"3120"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194516415","isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":117687312,"gmtCreate":1623138434636,"gmtModify":1704196840394,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>&nbsp; should I sell at 268?","listText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>&nbsp; should I sell at 268?","text":"$PayPal(PYPL)$ should I sell at 268?","images":[{"img":"https://static.tigerbbs.com/cb0857f8b420b471fe9a6459df674f6d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/117687312","isVote":1,"tweetType":1,"viewCount":931,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3561028233998021","authorId":"3561028233998021","name":"QueenX","avatar":"https://static.tigerbbs.com/6ec9acfde2fe354ae7f3eb07c3b240b1","crmLevel":6,"crmLevelSwitch":0,"idStr":"3561028233998021","authorIdStr":"3561028233998021"},"content":"Why not hold? Think theres still some runway","text":"Why not hold? Think theres still some runway","html":"Why not hold? Think theres still some runway"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":197020860,"gmtCreate":1621412066250,"gmtModify":1704357197052,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Since crypto-backed stocks and bank stocks are both plummeting, does it suggest that the monetary system is going to face a huge crisis? Will a great reset be possible in the near future?&nbsp;","listText":"Since crypto-backed stocks and bank stocks are both plummeting, does it suggest that the monetary system is going to face a huge crisis? Will a great reset be possible in the near future?&nbsp;","text":"Since crypto-backed stocks and bank stocks are both plummeting, does it suggest that the monetary system is going to face a huge crisis? Will a great reset be possible in the near future?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/197020860","repostId":"2136822915","repostType":2,"repost":{"id":"2136822915","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":1621411736,"share":"https://ttm.financial/m/news/2136822915?lang=&edition=fundamental","pubTime":"2021-05-19 16:08","market":"us","language":"en","title":"Crypto stocks tumbled in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2136822915","media":"Tiger Newspress","summary":"Crypto stocks tumbled in premarket trading on Bitcoin sliding below $40,000 after China's fresh cryp","content":"<p>Crypto stocks tumbled in premarket trading&nbsp;on&nbsp;Bitcoin sliding below $40,000 after China's fresh crypto curbs.</p><p><img src=\"https://static.tigerbbs.com/270e4af4516a319658e0395134a1c039\" tg-width=\"369\" tg-height=\"424\" referrerpolicy=\"no-referrer\"></p><p>Bitcoin tumbled below the $40,000 mark on Wednesday hitting a 3-1/2 month low and dragging down other digital coins after China imposed fresh curbs on transactions involving cryptocurrencies.</p><p>Bitcoin , the biggest and best-known cryptocurrency, had already been under pressure from a series of tweets from Tesla boss Elon Musk but the news from China sent it as low as $38,514, for a 9% fall.</p><p>The coin is now down 40% from a record high of $64,895 hit on April 14. It is also heading for its first monthly decline since November 2018.</p><p>Bitcoin's moves hit other crypto assets too, with Ether, the coin linked to the ethereum blockchain network, falling 15% to $2,875.36, while meme-based dogecoin tumbled 18%, according to market tracker Coingecko.</p><p>Frankfurt-listed shares in crypto exchange Coinbase slumped 6%, having already dipped below their direct listing price of $250 earlier in the week.</p><p>The crypto declines were sparked last week by Musk's reversal on Tesla accepting bitcoin as payment. His subsequent tweets caused further confusion over whether the carmaker had shed its holdings of the coin.</p><p>Selling was exacerbated by China's announcement banning financial institutions and payment companies from providing services related to cryptocurrency transactions. It also warned investors against speculative crypto trading.</p><p>Cryptowatchers predicted more losses ahead, noting the fall below $40,000 represented a breach of a key technical barrier which could set the stage for more selling.</p><p>More importantly, investors may be shifting from bitcoin back to gold, analysts at JPMorgan said, citing positioning data compiled on basis of open interest in CME bitcoin futures contracts.</p><p>This shows \"the steepest and more sustained liquidation\" in bitcoin futures since last October, they told clients, adding: \"the bitcoin flow picture continues to deteriorate and is pointing to continued retrenchment by institutional investors.\"</p><p>The selloff in crypto assets precisely at a time when inflation fears are in the ascendancy dashes any suggestion of the asset class being an inflation hedge.</p><p>Instead, more traditional hedges have been gaining ground, with gold up almost 6% so far this month.</p><p>The recent selloff in bitcoin and other digital currencies has taken market capitalisation of all cryptocurrencies back under $2 trillion, down from the recent $2.5 trillion record.</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>Crypto stocks tumbled in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto stocks tumbled in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-19 16:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto stocks tumbled in premarket trading&nbsp;on&nbsp;Bitcoin sliding below $40,000 after China's fresh crypto curbs.</p><p><img src=\"https://static.tigerbbs.com/270e4af4516a319658e0395134a1c039\" tg-width=\"369\" tg-height=\"424\" referrerpolicy=\"no-referrer\"></p><p>Bitcoin tumbled below the $40,000 mark on Wednesday hitting a 3-1/2 month low and dragging down other digital coins after China imposed fresh curbs on transactions involving cryptocurrencies.</p><p>Bitcoin , the biggest and best-known cryptocurrency, had already been under pressure from a series of tweets from Tesla boss Elon Musk but the news from China sent it as low as $38,514, for a 9% fall.</p><p>The coin is now down 40% from a record high of $64,895 hit on April 14. It is also heading for its first monthly decline since November 2018.</p><p>Bitcoin's moves hit other crypto assets too, with Ether, the coin linked to the ethereum blockchain network, falling 15% to $2,875.36, while meme-based dogecoin tumbled 18%, according to market tracker Coingecko.</p><p>Frankfurt-listed shares in crypto exchange Coinbase slumped 6%, having already dipped below their direct listing price of $250 earlier in the week.</p><p>The crypto declines were sparked last week by Musk's reversal on Tesla accepting bitcoin as payment. His subsequent tweets caused further confusion over whether the carmaker had shed its holdings of the coin.</p><p>Selling was exacerbated by China's announcement banning financial institutions and payment companies from providing services related to cryptocurrency transactions. It also warned investors against speculative crypto trading.</p><p>Cryptowatchers predicted more losses ahead, noting the fall below $40,000 represented a breach of a key technical barrier which could set the stage for more selling.</p><p>More importantly, investors may be shifting from bitcoin back to gold, analysts at JPMorgan said, citing positioning data compiled on basis of open interest in CME bitcoin futures contracts.</p><p>This shows \"the steepest and more sustained liquidation\" in bitcoin futures since last October, they told clients, adding: \"the bitcoin flow picture continues to deteriorate and is pointing to continued retrenchment by institutional investors.\"</p><p>The selloff in crypto assets precisely at a time when inflation fears are in the ascendancy dashes any suggestion of the asset class being an inflation hedge.</p><p>Instead, more traditional hedges have been gaining ground, with gold up almost 6% so far this month.</p><p>The recent selloff in bitcoin and other digital currencies has taken market capitalisation of all cryptocurrencies back under $2 trillion, down from the recent $2.5 trillion record.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"Marathon Digital Holdings Inc","RIOT":"Riot Platforms","SOS":"SOS Limited","PYPL":"PayPal","EBON":"亿邦国际"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136822915","content_text":"Crypto stocks tumbled in premarket trading on Bitcoin sliding below $40,000 after China's fresh crypto curbs.Bitcoin tumbled below the $40,000 mark on Wednesday hitting a 3-1/2 month low and dragging down other digital coins after China imposed fresh curbs on transactions involving cryptocurrencies.Bitcoin , the biggest and best-known cryptocurrency, had already been under pressure from a series of tweets from Tesla boss Elon Musk but the news from China sent it as low as $38,514, for a 9% fall.The coin is now down 40% from a record high of $64,895 hit on April 14. It is also heading for its first monthly decline since November 2018.Bitcoin's moves hit other crypto assets too, with Ether, the coin linked to the ethereum blockchain network, falling 15% to $2,875.36, while meme-based dogecoin tumbled 18%, according to market tracker Coingecko.Frankfurt-listed shares in crypto exchange Coinbase slumped 6%, having already dipped below their direct listing price of $250 earlier in the week.The crypto declines were sparked last week by Musk's reversal on Tesla accepting bitcoin as payment. His subsequent tweets caused further confusion over whether the carmaker had shed its holdings of the coin.Selling was exacerbated by China's announcement banning financial institutions and payment companies from providing services related to cryptocurrency transactions. It also warned investors against speculative crypto trading.Cryptowatchers predicted more losses ahead, noting the fall below $40,000 represented a breach of a key technical barrier which could set the stage for more selling.More importantly, investors may be shifting from bitcoin back to gold, analysts at JPMorgan said, citing positioning data compiled on basis of open interest in CME bitcoin futures contracts.This shows \"the steepest and more sustained liquidation\" in bitcoin futures since last October, they told clients, adding: \"the bitcoin flow picture continues to deteriorate and is pointing to continued retrenchment by institutional investors.\"The selloff in crypto assets precisely at a time when inflation fears are in the ascendancy dashes any suggestion of the asset class being an inflation hedge.Instead, more traditional hedges have been gaining ground, with gold up almost 6% so far this month.The recent selloff in bitcoin and other digital currencies has taken market capitalisation of all cryptocurrencies back under $2 trillion, down from the recent $2.5 trillion record.","news_type":1},"isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570479349727470","authorId":"3570479349727470","name":"ALIBINHASSAN","avatar":"https://static.tigerbbs.com/1a7c31b79e7bff28841c5f18dca737f4","crmLevel":2,"crmLevelSwitch":0,"idStr":"3570479349727470","authorIdStr":"3570479349727470"},"content":"What the big boys are saying is....time to sell and buy it back when the price became low by our selling.... Let the small boys suffer... who cares about the small boys buying peanuts and losing cash.","text":"What the big boys are saying is....time to sell and buy it back when the price became low by our selling.... Let the small boys suffer... who cares about the small boys buying peanuts and losing cash.","html":"What the big boys are saying is....time to sell and buy it back when the price became low by our selling.... Let the small boys suffer... who cares about the small boys buying peanuts and losing cash."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125851379,"gmtCreate":1624668742691,"gmtModify":1703843130894,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp;The best long term stock in my opinion, a company playing the infinite game will keep on going regardless of anti trust laws or competition from MSFT or GOOG.&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp;The best long term stock in my opinion, a company playing the infinite game will keep on going regardless of anti trust laws or competition from MSFT or GOOG.&nbsp;","text":"$Apple(AAPL)$ The best long term stock in my opinion, a company playing the infinite game will keep on going regardless of anti trust laws or competition from MSFT or GOOG.","images":[{"img":"https://static.tigerbbs.com/24c36a84110bd3fa5df0cea0f42cba12","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/125851379","isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":124647735,"gmtCreate":1624764414227,"gmtModify":1703844712646,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"As a astronomy enthusiast, I'm extremely about this company and its growth potential.&nbsp;However, as an investor, I'm worried about the profitability of this stock and company, especially since people are more reluctant to travel overseas, let alone travel out of Earth. Another reason is also because of its extremely high cost, coupled with the 'not so transitory' inflation awaiting the global economy.Note that this is just my opinion and is by no means any investment advice so I'm open to hearing your opinions as well...&nbsp;","listText":"As a astronomy enthusiast, I'm extremely about this company and its growth potential.&nbsp;However, as an investor, I'm worried about the profitability of this stock and company, especially since people are more reluctant to travel overseas, let alone travel out of Earth. Another reason is also because of its extremely high cost, coupled with the 'not so transitory' inflation awaiting the global economy.Note that this is just my opinion and is by no means any investment advice so I'm open to hearing your opinions as well...&nbsp;","text":"As a astronomy enthusiast, I'm extremely about this company and its growth potential. However, as an investor, I'm worried about the profitability of this stock and company, especially since people are more reluctant to travel overseas, let alone travel out of Earth. Another reason is also because of its extremely high cost, coupled with the 'not so transitory' inflation awaiting the global economy.Note that this is just my opinion and is by no means any investment advice so I'm open to hearing your opinions as well...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124647735","repostId":"1172737444","repostType":4,"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125856501,"gmtCreate":1624668858503,"gmtModify":1703843134647,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Get ready for the decline,&nbsp; dear investors!&nbsp;","listText":"Get ready for the decline,&nbsp; dear investors!&nbsp;","text":"Get ready for the decline, dear investors!","images":[{"img":"https://static.tigerbbs.com/2d651700611cbd192776a84958b7cfc4","width":"1080","height":"3528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125856501","isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":167560719,"gmtCreate":1624277910631,"gmtModify":1703832207630,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Yes, GE is slowly recovering its aviation sector and when that happens, its business I'd going to reach its prime and the stock is probably going to follow suit!&nbsp;","listText":"Yes, GE is slowly recovering its aviation sector and when that happens, its business I'd going to reach its prime and the stock is probably going to follow suit!&nbsp;","text":"Yes, GE is slowly recovering its aviation sector and when that happens, its business I'd going to reach its prime and the stock is probably going to follow suit!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167560719","repostId":"2145908123","repostType":2,"repost":{"id":"2145908123","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":1624268674,"share":"https://ttm.financial/m/news/2145908123?lang=&edition=fundamental","pubTime":"2021-06-21 17:44","market":"sh","language":"en","title":"BRIEF-China Express Airlines Orders 58 Spare Engines For $433.0 Mln From GE's Units","url":"https://stock-news.laohu8.com/highlight/detail?id=2145908123","media":"Reuters","summary":"June 21 (Reuters) - China Express Airlines Co Ltd :   * SAYS IT AGREES TO ORDER A TOTAL OF 58 SPARE ","content":"<html><body><p>June 21 (Reuters) - China <a href=\"https://laohu8.com/S/EXPR\">Express</a> Airlines Co Ltd</p><p> :</p><p>   * SAYS IT AGREES TO ORDER A TOTAL OF 58 SPARE ENGINES FOR $433.0 MILLION FROM GENERAL ELECTRIC CO'S    AVIATION UNIT, ENGINE SERVICES DISTRIBUTION UNIT</p><p>Source text in Chinese:  Further company coverage:   </p><p> (Reporting by Hong Kong newsroom)</p><p>((meg.shen@thomsonreuters.com; 852-39525805;))</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>BRIEF-China Express Airlines Orders 58 Spare Engines For $433.0 Mln From GE's Units</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\">\nBRIEF-China Express Airlines Orders 58 Spare Engines For $433.0 Mln From GE's Units\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-21 17:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>June 21 (Reuters) - China <a href=\"https://laohu8.com/S/EXPR\">Express</a> Airlines Co Ltd</p><p> :</p><p>   * SAYS IT AGREES TO ORDER A TOTAL OF 58 SPARE ENGINES FOR $433.0 MILLION FROM GENERAL ELECTRIC CO'S    AVIATION UNIT, ENGINE SERVICES DISTRIBUTION UNIT</p><p>Source text in Chinese:  Further company coverage:   </p><p> (Reporting by Hong Kong newsroom)</p><p>((meg.shen@thomsonreuters.com; 852-39525805;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"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":"2145908123","content_text":"June 21 (Reuters) - China Express Airlines Co Ltd :   * SAYS IT AGREES TO ORDER A TOTAL OF 58 SPARE ENGINES FOR $433.0 MILLION FROM GENERAL ELECTRIC CO'S    AVIATION UNIT, ENGINE SERVICES DISTRIBUTION UNITSource text in Chinese:  Further company coverage:    (Reporting by Hong Kong newsroom)((meg.shen@thomsonreuters.com; 852-39525805;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167584415,"gmtCreate":1624277733637,"gmtModify":1703832204707,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167584415","repostId":"1146982088","repostType":4,"repost":{"id":"1146982088","pubTimestamp":1624259620,"share":"https://ttm.financial/m/news/1146982088?lang=&edition=fundamental","pubTime":"2021-06-21 15:13","market":"us","language":"en","title":"Powell Just Launched $2 Trillion In \"Heat-Seeking Missiles\": Zoltan Explains How The Fed Started The Next Repo Crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=1146982088","media":"zerohedge","summary":"Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpect","content":"<p>Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the two key \"administered\" rates, raising both the IOER and RRP rates by 5 basis points (as correctly predicted by Bank of America, JPMorgan, Wrightson, Deutsche Bank and Wells Fargo while Citi, Oxford Economics, Jefferies, Credit Suisse, Standard Chartered, BMO were wrong in predicting no rate change), in an effort to push the Effective Fed Funds rate higher and away from its imminent rendezvous with 0%.</p>\n<p><img src=\"https://static.tigerbbs.com/31e3c93e7ae558cd9f2fdb7e4a2769f1\" tg-width=\"500\" tg-height=\"377\">What does this mean? As Curvature Securities repo guru,Scott Skyrm wrote last week, \"clearly the Fed intends to move overnight rates above zero and drain the RRP&nbsp; facility of cash.\" Unfortunately, the end result would be precisely the opposite of what the Fed had wanted to achieve.</p>\n<p>But what does this really mean for overnight rates and RRP volume? As Skyrm further noted, the increase in the IOER should pull the daily fed funds rate 5 basis points higher and, in turn, put upward pressure on Repo GC. Combined with the 5 basis point increase in RRP, GC should move a solid 5 basis points higher, which it has.</p>\n<p><img src=\"https://static.tigerbbs.com/e8b99df7af1731b4bdcbcf072dcf39ce\" tg-width=\"500\" tg-height=\"272\">The problem, as Skyrm warned, is that the Fed's technical adjustment would do nothing to ease the RRP volume:</p>\n<blockquote>\n When market Repo rates were at 0% and the RRP rate was at zero, ~$500 billion went into the RRP. Well, if both market Repo rates and the RRP rate are 5 basis points higher, there's no reason to pull cash out of the RRP. For example, if GC rates moved to .05% and the RRP rate stayed at zero, investor preferences to invest at a higher rate would remove cash from the RRP.\n</blockquote>\n<p>Bottom line: with both market rates and RRP at .05%, there's really no economic incentive for cash investors to move cash to the Repo market. Or, as we summarized, \"<i>the Fed's rate change may have zero impact on the Fed's reverse repo facility, or the record half a trillion in cash parked there.\"</i></p>\n<p>In retrospect, boy was that an understatement, because just one day later the already record usage of the Fed's Reverse Repo facility spiked by a record 50%, exploding to a staggering $756 billion (it closed Friday at $747 billion) as the GSEs.</p>\n<p><img src=\"https://static.tigerbbs.com/0fba18d7808300abc3bdf4ffaa3d5fb6\" tg-width=\"500\" tg-height=\"273\">Needless to say, flooding the Fed's RRP facility and sterilizing reserves is hardly what the Fed had intended, and as Credit Suisse's own repo guru (and former NY Fed staffer) Zoltan Pozsar wrote in his post-mortem, \"<b>the re-priced RRP facility will become a problem for the banking system fast:</b><b><u>the banking system is going from being asset constrained (deposits flooding in, but nowhere to lend them but to the Fed), to being liability constrained (deposits slipping away and nowhere to replace them but in the money market</u></b><b>).\"</b></p>\n<p>What he means by that is that whereas previously the RRP rate of 0.00% did not<i>reward</i>allocation of inert, excess reserves but merely provided a place to park them, now that the Fed is providing a generous yield pick up compared to rates offered by trillions in Bills, we are about to see a sea-change in the overnight, money-market, as trillions in capital reallocate away from traditional investments and into the the Fed's RRP.</p>\n<p>In other words, as Pozsar puts it, \"the RRP facility started to sterilize reserves... with more to come.\" And just as Deutsche Bank explained why the Fed's signaling was an r* policy error, to Pozsar, the Fed<i><b>also</b></i>made a policy error - only this time with its technical rates - by steriling reserves because \"it’s one thing to raise the rate on the RRP facility when an increase was not strictly speaking necessary, and it’s another to raise it “unduly” high – as one money fund manager put it, “<b>yesterday we could not even get a basis points a year; to get endless paper at five basis points from the most trusted counterparty is a dream come true.\"</b></p>\n<p>He's right: while 0bps may have been viewed by many as too low, it was hardly catastrophic for now (Credit Suisse was one of those predicting no administered rate hike),<b>5bps is too generous</b>, according to Pozsar who warns that the new reverse repo rate<b>will upset the state of \"singularity\"</b>and \"like heat-seeking missiles, money market investors move hundreds of billions, making sharp, 90º turns hunting for even a basis point of yield at the zero bound –<b>at 5 bps, money funds have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.\"</b></p>\n<p>Indeed, as shown below, bills yield less than 5 bps out to 6 months,<b>and money funds have over $2 trillion of bills.</b>They got an the incentive to sell, while others have the incentive to buy: institutions whose deposits have been “tolerated” by banks until now earning zero interest have an incentive to harvest the 0-5 bps range the bill curve has to offer. Putting your cash at a basis point in bills is better than deposits at zero.<b>So the sterilization of reserves begins, and so the o/n RRP facility turns from a largely passive tool that provided an interest rate floor to the deposits that large banks have been pushing away, into an active tool that \"sucks\" the deposits away that banks decided to retain.</b></p>\n<p><img src=\"https://static.tigerbbs.com/bf593f7b1d2d665f39384ed6a998d3bf\" tg-width=\"500\" tg-height=\"403\">To help readers visualize what is going on, the Credit Suisse strategist suggest the following \"extreme\" thought experiment: most of the “Covid-19” deposits currently with banks go into the bill market where rates are better. Money funds sell bills to institutional investors that currently keep their cash at banks, and money funds swap bills for o/n RRPs. Said (somewhat) simply, while previously the Fed provided banks with a convenient place to park reserves, it now will actively drain reserves to the point where we may end up with another 2019-style repo crisis, as most financial institutions suddenly find themsleves with<i><b>too few</b></i>intraday reserves, forcing them to use the Fed's other funding facilities (such as FX swap lines) to remain consistently solvent.</p>\n<p>This process is not overnight. It will take a few weeks to observe the fallout from the Fed's reserve sterilization.</p>\n<p>And here is why the problem is similar to the repo crisis of 2019: soon we will find that while cash-rich banks can handle the outflows,<b>some bond-heavy banks cannot.</b>As a result, Zoltan predicts that next \"we will notice that some banks (those who can<i><b>not</b></i>handle outflows) are borrowing advances from FHLBs, and cash-rich banks stop lending in the FX swap market as the RRP facility pulled reserves away from them and the Fed has to re-start the FX swap lines to offset.\"</p>\n<p>Bottom line:<i><b>whereas previously we saw Libor-OIS collapse, this key funding spread will have to widen from here, unless the Fed lowers the o/n RRP rate again back to where it was before.</b></i></p>\n<p>Or, as Zoltan summarizes, \"It’s either quantities or prices\" - indeed,<b>in 2019 the Fed chose prices over quantities, which backfired, and led to the repo crisis which ended the Fed's hiking cycle and started \"NOT QE.\"</b>While the Fed redeemed itself in February, when it expanded the usage of the RRP without making it liability-constrained as it chose quantities over prices - which worked well - last Wednesday,<b>the Fed turned “unlimited” quantities into “money for free” and started to sterilize reserves.</b></p>\n<p>Bottom line: \"we are witnessing the dealer of last resort (DoLR) learning the art of dealing, making unforced errors – if the Fed sterilizes with an overpriced o/n RRP facility, it has to be ready to add liquidity via the swap lines…\"</p>\n<p>Translation:&nbsp;<b>by paying trillions in reserves 5bps, the Fed just planted the seeds of the next liquidity crisis.</b></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell Just Launched $2 Trillion In \"Heat-Seeking Missiles\": Zoltan Explains How The Fed Started The Next Repo Crisis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell Just Launched $2 Trillion In \"Heat-Seeking Missiles\": Zoltan Explains How The Fed Started The Next Repo Crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 15:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the...</p>\n\n<a href=\"https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next\">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","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/powell-just-launched-2-trillion-heat-seeking-missiles-zoltan-explains-how-fed-started-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146982088","content_text":"Last week, amid thefire and brimstone surroundingthe market's shocked response to the Fed's unexpected hawkish pivot, we noted that there were two tangible, if less noted changes: the Fed adjusted the two key \"administered\" rates, raising both the IOER and RRP rates by 5 basis points (as correctly predicted by Bank of America, JPMorgan, Wrightson, Deutsche Bank and Wells Fargo while Citi, Oxford Economics, Jefferies, Credit Suisse, Standard Chartered, BMO were wrong in predicting no rate change), in an effort to push the Effective Fed Funds rate higher and away from its imminent rendezvous with 0%.\nWhat does this mean? As Curvature Securities repo guru,Scott Skyrm wrote last week, \"clearly the Fed intends to move overnight rates above zero and drain the RRP  facility of cash.\" Unfortunately, the end result would be precisely the opposite of what the Fed had wanted to achieve.\nBut what does this really mean for overnight rates and RRP volume? As Skyrm further noted, the increase in the IOER should pull the daily fed funds rate 5 basis points higher and, in turn, put upward pressure on Repo GC. Combined with the 5 basis point increase in RRP, GC should move a solid 5 basis points higher, which it has.\nThe problem, as Skyrm warned, is that the Fed's technical adjustment would do nothing to ease the RRP volume:\n\n When market Repo rates were at 0% and the RRP rate was at zero, ~$500 billion went into the RRP. Well, if both market Repo rates and the RRP rate are 5 basis points higher, there's no reason to pull cash out of the RRP. For example, if GC rates moved to .05% and the RRP rate stayed at zero, investor preferences to invest at a higher rate would remove cash from the RRP.\n\nBottom line: with both market rates and RRP at .05%, there's really no economic incentive for cash investors to move cash to the Repo market. Or, as we summarized, \"the Fed's rate change may have zero impact on the Fed's reverse repo facility, or the record half a trillion in cash parked there.\"\nIn retrospect, boy was that an understatement, because just one day later the already record usage of the Fed's Reverse Repo facility spiked by a record 50%, exploding to a staggering $756 billion (it closed Friday at $747 billion) as the GSEs.\nNeedless to say, flooding the Fed's RRP facility and sterilizing reserves is hardly what the Fed had intended, and as Credit Suisse's own repo guru (and former NY Fed staffer) Zoltan Pozsar wrote in his post-mortem, \"the re-priced RRP facility will become a problem for the banking system fast:the banking system is going from being asset constrained (deposits flooding in, but nowhere to lend them but to the Fed), to being liability constrained (deposits slipping away and nowhere to replace them but in the money market).\"\nWhat he means by that is that whereas previously the RRP rate of 0.00% did notrewardallocation of inert, excess reserves but merely provided a place to park them, now that the Fed is providing a generous yield pick up compared to rates offered by trillions in Bills, we are about to see a sea-change in the overnight, money-market, as trillions in capital reallocate away from traditional investments and into the the Fed's RRP.\nIn other words, as Pozsar puts it, \"the RRP facility started to sterilize reserves... with more to come.\" And just as Deutsche Bank explained why the Fed's signaling was an r* policy error, to Pozsar, the Fedalsomade a policy error - only this time with its technical rates - by steriling reserves because \"it’s one thing to raise the rate on the RRP facility when an increase was not strictly speaking necessary, and it’s another to raise it “unduly” high – as one money fund manager put it, “yesterday we could not even get a basis points a year; to get endless paper at five basis points from the most trusted counterparty is a dream come true.\"\nHe's right: while 0bps may have been viewed by many as too low, it was hardly catastrophic for now (Credit Suisse was one of those predicting no administered rate hike),5bps is too generous, according to Pozsar who warns that the new reverse repo ratewill upset the state of \"singularity\"and \"like heat-seeking missiles, money market investors move hundreds of billions, making sharp, 90º turns hunting for even a basis point of yield at the zero bound –at 5 bps, money funds have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.\"\nIndeed, as shown below, bills yield less than 5 bps out to 6 months,and money funds have over $2 trillion of bills.They got an the incentive to sell, while others have the incentive to buy: institutions whose deposits have been “tolerated” by banks until now earning zero interest have an incentive to harvest the 0-5 bps range the bill curve has to offer. Putting your cash at a basis point in bills is better than deposits at zero.So the sterilization of reserves begins, and so the o/n RRP facility turns from a largely passive tool that provided an interest rate floor to the deposits that large banks have been pushing away, into an active tool that \"sucks\" the deposits away that banks decided to retain.\nTo help readers visualize what is going on, the Credit Suisse strategist suggest the following \"extreme\" thought experiment: most of the “Covid-19” deposits currently with banks go into the bill market where rates are better. Money funds sell bills to institutional investors that currently keep their cash at banks, and money funds swap bills for o/n RRPs. Said (somewhat) simply, while previously the Fed provided banks with a convenient place to park reserves, it now will actively drain reserves to the point where we may end up with another 2019-style repo crisis, as most financial institutions suddenly find themsleves withtoo fewintraday reserves, forcing them to use the Fed's other funding facilities (such as FX swap lines) to remain consistently solvent.\nThis process is not overnight. It will take a few weeks to observe the fallout from the Fed's reserve sterilization.\nAnd here is why the problem is similar to the repo crisis of 2019: soon we will find that while cash-rich banks can handle the outflows,some bond-heavy banks cannot.As a result, Zoltan predicts that next \"we will notice that some banks (those who cannothandle outflows) are borrowing advances from FHLBs, and cash-rich banks stop lending in the FX swap market as the RRP facility pulled reserves away from them and the Fed has to re-start the FX swap lines to offset.\"\nBottom line:whereas previously we saw Libor-OIS collapse, this key funding spread will have to widen from here, unless the Fed lowers the o/n RRP rate again back to where it was before.\nOr, as Zoltan summarizes, \"It’s either quantities or prices\" - indeed,in 2019 the Fed chose prices over quantities, which backfired, and led to the repo crisis which ended the Fed's hiking cycle and started \"NOT QE.\"While the Fed redeemed itself in February, when it expanded the usage of the RRP without making it liability-constrained as it chose quantities over prices - which worked well - last Wednesday,the Fed turned “unlimited” quantities into “money for free” and started to sterilize reserves.\nBottom line: \"we are witnessing the dealer of last resort (DoLR) learning the art of dealing, making unforced errors – if the Fed sterilizes with an overpriced o/n RRP facility, it has to be ready to add liquidity via the swap lines…\"\nTranslation: by paying trillions in reserves 5bps, the Fed just planted the seeds of the next liquidity crisis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185939598,"gmtCreate":1623629750114,"gmtModify":1704207179530,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"This high-dividend yield stock may just be ur safest bet in a potential market correction","listText":"This high-dividend yield stock may just be ur safest bet in a potential market correction","text":"This high-dividend yield stock may just be ur safest bet in a potential market correction","images":[{"img":"https://static.tigerbbs.com/2cc10a93e4f6512dc0d5a78942ba8cf2","width":"1080","height":"3528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185939598","isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":182165136,"gmtCreate":1623558405825,"gmtModify":1704206151711,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Is buying consumer stocks a safe bet for now? Looking into PG and CL, but felt that PG is still a better earner now and in the long run","listText":"Is buying consumer stocks a safe bet for now? Looking into PG and CL, but felt that PG is still a better earner now and in the long run","text":"Is buying consumer stocks a safe bet for now? Looking into PG and CL, but felt that PG is still a better earner now and in the long run","images":[{"img":"https://static.tigerbbs.com/4441ede7272d1c39f952618f6398f625","width":"1080","height":"3528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182165136","isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117660693,"gmtCreate":1623138542612,"gmtModify":1704196840069,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"While many flocks to EV like NIO BYD XPENG and TSLA, I prefer to stay with the home brand carmaker, Toyota. It has been growing and will continue to do so...&nbsp;","listText":"While many flocks to EV like NIO BYD XPENG and TSLA, I prefer to stay with the home brand carmaker, Toyota. It has been growing and will continue to do so...&nbsp;","text":"While many flocks to EV like NIO BYD XPENG and TSLA, I prefer to stay with the home brand carmaker, Toyota. It has been growing and will continue to do so...","images":[{"img":"https://static.tigerbbs.com/3cff292752c4a68fc877d94b76462495","width":"1080","height":"3192"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117660693","isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":110924664,"gmtCreate":1622422655758,"gmtModify":1704184067592,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NEE\">$NextEra(NEE)$</a>&nbsp;, a stock pick that I truly am confident in for the next 5/10 years.&nbsp;","listText":"<a href=\"https://laohu8.com/S/NEE\">$NextEra(NEE)$</a>&nbsp;, a stock pick that I truly am confident in for the next 5/10 years.&nbsp;","text":"$NextEra(NEE)$ , a stock pick that I truly am confident in for the next 5/10 years.","images":[{"img":"https://static.tigerbbs.com/cde06ba7010edec2881284fbfdb4db14","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110924664","isVote":1,"tweetType":1,"viewCount":570,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":135173518,"gmtCreate":1622154506634,"gmtModify":1704180316939,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"What do u guys think of this stock? High Dividend&nbsp;yield&nbsp;and positive earnings are good but&nbsp;are their business management team honest and responsible and capable? I'm considering this stock...","listText":"What do u guys think of this stock? High Dividend&nbsp;yield&nbsp;and positive earnings are good but&nbsp;are their business management team honest and responsible and capable? I'm considering this stock...","text":"What do u guys think of this stock? High Dividend yield and positive earnings are good but are their business management team honest and responsible and capable? I'm considering this stock...","images":[{"img":"https://static.tigerbbs.com/05f30d82e3b28bbd469c3fec9ec41a50","width":"1080","height":"2189"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135173518","isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":138027974,"gmtCreate":1621902096198,"gmtModify":1704364042292,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"Yes. Cautionary measures and approaches&nbsp;should still be taken during such a volatile period. Dialling back on efforts to stimulate the economy may just backfire on then","listText":"Yes. Cautionary measures and approaches&nbsp;should still be taken during such a volatile period. Dialling back on efforts to stimulate the economy may just backfire on then","text":"Yes. Cautionary measures and approaches should still be taken during such a volatile period. Dialling back on efforts to stimulate the economy may just backfire on then","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138027974","repostId":"2138151165","repostType":2,"repost":{"id":"2138151165","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1621893000,"share":"https://ttm.financial/m/news/2138151165?lang=&edition=fundamental","pubTime":"2021-05-25 05:50","market":"us","language":"en","title":"Fed's George not ready to dismiss signals of higher inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=2138151165","media":"Dow Jones","summary":"Difficult to distinguish between minor bottlenecks and something broader, Kansas City Fed president ","content":"<blockquote>\n Difficult to distinguish between minor bottlenecks and something broader, Kansas City Fed president says.\n</blockquote>\n<p>Kansas City Fed President Esther George on Monday said she won't automatically look past recent higher inflation readings.</p>\n<p>\"While it is clear that temporary factors are boosting inflation now, I am not inclined to dismiss today's pricing signals,\" George said, in a speech at her district bank's agricultural symposium .</p>\n<p>Inflation over the year ended in April increased 4.2% as measured by the consumer price index. It wasn't clear what this pace means for the medium-term inflation outlook, she said.</p>\n<p>\"Over the long term, the outlook for inflation is influenced by demand that is sufficiently strong across a wide range of goods and services that it pushes theoverall economy up against its productive capacity. In the near term, it can be difficult to distinguish between a string of seemingly idiosyncratic bottlenecks and a broader-based lack of capacity,\" she said.</p>\n<p>George, who has been <a href=\"https://laohu8.com/S/AONE\">one</a> of the most hawkish Fed regional-bank presidents, said the central bank also can't rely on inflation returning to the low levels seen in recent years.</p>\n<p>Inflation \"has played a relatively minor role in the day-to-day decision-making of businesses and consumers,\" and it is important to make sure that trend continues, she said.</p>\n<p>\"Maintaining this state of affairs as we seek to achieve our objectives for maximum employment and price stability will be important,\" George said.</p>\n<p>The Fed has been buying $120 billion of Treasurys and mortgaged-backed securities each month, along with keeping its policy interest rate close to zero in order to help the economy strengthen.</p>\n<p>George said the Fed faces a challenging decision about the appropriate time to adjust this accommodative policy stance.</p>\n<p>She said policymakers must be \"flexible\" and \"nimble,\" but didn't provide her preferred timeline.</p>\n<p>George echoed former Treasury Secretary Larry Summer's warning that the two stimulus packages passed by Congress in the past six months could alter the outlook in ways in which the Fed might have to exit its easy policy stance at a faster pace than it anticipated.</p>\n<p>\"With a tremendous amount of fiscal stimulus flowing through the economy, the landscape could unfold quite differently than the <a href=\"https://laohu8.com/S/AONE.U\">one</a> that shaped the thinking around the revised monetary policy framework,\" George said.</p>\n<p>Stocks finished higher Monday, and the yield on the 10-year Treasury note moved down to its lowest level in two weeks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed's George not ready to dismiss signals of higher inflation</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed's George not ready to dismiss signals of higher inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-25 05:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Difficult to distinguish between minor bottlenecks and something broader, Kansas City Fed president says.\n</blockquote>\n<p>Kansas City Fed President Esther George on Monday said she won't automatically look past recent higher inflation readings.</p>\n<p>\"While it is clear that temporary factors are boosting inflation now, I am not inclined to dismiss today's pricing signals,\" George said, in a speech at her district bank's agricultural symposium .</p>\n<p>Inflation over the year ended in April increased 4.2% as measured by the consumer price index. It wasn't clear what this pace means for the medium-term inflation outlook, she said.</p>\n<p>\"Over the long term, the outlook for inflation is influenced by demand that is sufficiently strong across a wide range of goods and services that it pushes theoverall economy up against its productive capacity. In the near term, it can be difficult to distinguish between a string of seemingly idiosyncratic bottlenecks and a broader-based lack of capacity,\" she said.</p>\n<p>George, who has been <a href=\"https://laohu8.com/S/AONE\">one</a> of the most hawkish Fed regional-bank presidents, said the central bank also can't rely on inflation returning to the low levels seen in recent years.</p>\n<p>Inflation \"has played a relatively minor role in the day-to-day decision-making of businesses and consumers,\" and it is important to make sure that trend continues, she said.</p>\n<p>\"Maintaining this state of affairs as we seek to achieve our objectives for maximum employment and price stability will be important,\" George said.</p>\n<p>The Fed has been buying $120 billion of Treasurys and mortgaged-backed securities each month, along with keeping its policy interest rate close to zero in order to help the economy strengthen.</p>\n<p>George said the Fed faces a challenging decision about the appropriate time to adjust this accommodative policy stance.</p>\n<p>She said policymakers must be \"flexible\" and \"nimble,\" but didn't provide her preferred timeline.</p>\n<p>George echoed former Treasury Secretary Larry Summer's warning that the two stimulus packages passed by Congress in the past six months could alter the outlook in ways in which the Fed might have to exit its easy policy stance at a faster pace than it anticipated.</p>\n<p>\"With a tremendous amount of fiscal stimulus flowing through the economy, the landscape could unfold quite differently than the <a href=\"https://laohu8.com/S/AONE.U\">one</a> that shaped the thinking around the revised monetary policy framework,\" George said.</p>\n<p>Stocks finished higher Monday, and the yield on the 10-year Treasury note moved down to its lowest level in two weeks.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138151165","content_text":"Difficult to distinguish between minor bottlenecks and something broader, Kansas City Fed president says.\n\nKansas City Fed President Esther George on Monday said she won't automatically look past recent higher inflation readings.\n\"While it is clear that temporary factors are boosting inflation now, I am not inclined to dismiss today's pricing signals,\" George said, in a speech at her district bank's agricultural symposium .\nInflation over the year ended in April increased 4.2% as measured by the consumer price index. It wasn't clear what this pace means for the medium-term inflation outlook, she said.\n\"Over the long term, the outlook for inflation is influenced by demand that is sufficiently strong across a wide range of goods and services that it pushes theoverall economy up against its productive capacity. In the near term, it can be difficult to distinguish between a string of seemingly idiosyncratic bottlenecks and a broader-based lack of capacity,\" she said.\nGeorge, who has been one of the most hawkish Fed regional-bank presidents, said the central bank also can't rely on inflation returning to the low levels seen in recent years.\nInflation \"has played a relatively minor role in the day-to-day decision-making of businesses and consumers,\" and it is important to make sure that trend continues, she said.\n\"Maintaining this state of affairs as we seek to achieve our objectives for maximum employment and price stability will be important,\" George said.\nThe Fed has been buying $120 billion of Treasurys and mortgaged-backed securities each month, along with keeping its policy interest rate close to zero in order to help the economy strengthen.\nGeorge said the Fed faces a challenging decision about the appropriate time to adjust this accommodative policy stance.\nShe said policymakers must be \"flexible\" and \"nimble,\" but didn't provide her preferred timeline.\nGeorge echoed former Treasury Secretary Larry Summer's warning that the two stimulus packages passed by Congress in the past six months could alter the outlook in ways in which the Fed might have to exit its easy policy stance at a faster pace than it anticipated.\n\"With a tremendous amount of fiscal stimulus flowing through the economy, the landscape could unfold quite differently than the one that shaped the thinking around the revised monetary policy framework,\" George said.\nStocks finished higher Monday, and the yield on the 10-year Treasury note moved down to its lowest level in two weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194516415,"gmtCreate":1621386452537,"gmtModify":1704356750829,"author":{"id":"3581813833686782","authorId":"3581813833686782","name":"ADVENTURE","avatar":"https://static.tigerbbs.com/cd73783e06c1ada7bb4ac016b42eab5c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581813833686782","authorIdStr":"3581813833686782"},"themes":[],"htmlText":"While most of&nbsp;the energy stocks are plunging, renewable energy stocks are still in the slow rise....Where do u think this stock will go from here?&nbsp;","listText":"While most of&nbsp;the energy stocks are plunging, renewable energy stocks are still in the slow rise....Where do u think this stock will go from here?&nbsp;","text":"While most of the energy stocks are plunging, renewable energy stocks are still in the slow rise....Where do u think this stock will go from here?","images":[{"img":"https://static.tigerbbs.com/d3b825b0cbb393ffe974003de37aa5e9","width":"1080","height":"3120"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194516415","isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}