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2021-06-24

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Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes

2021-06-24

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Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes

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The iPhone maker is now facing stiff competition from rival smartphone makers in China such as Huawei and Vivo.</p>\n<p>The App Store was a significant driver of Apple’s $16.9 billion in services revenue generated in the recent second quarter.</p>\n<p><b>Price Action</b>: Apple shares closed 0.2% lower in Wednesday’s trading session at $133.70.</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>Apple Looks To Widen China Revenue Streams With Launch Of Search Advertising Service</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\">\nApple Looks To Widen China Revenue Streams With Launch Of Search Advertising Service\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-24 17:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Apple Inc.</b>&nbsp;AAPL&nbsp;is looking to expand&nbsp;its revenue streams in China with the launch of its search advertising service this week, AppleInsiderreportedWednesday.</p>\n<p><b>What Happened:</b>&nbsp;Apple has launched the advertising platform called Apple Search Ads in mainland China, enabling developers and advertisers to have App Store ads presented to users in the region, as per the report.</p>\n<p>Ablog postby AppInChina, an agency that helps international apps launch in China, noted that advertisers and businesses must gain state approval and industry-specific licenses to be able to advertise in mainland China.</p>\n<p>Apple may reportedly submit the documents uploaded by the businesses to third-party databases and government entities for verification.</p>\n<p><b>Why It Matters:</b>&nbsp;Apple Search Ads is being launched in China five years after it was launched in the U.S. The launch is in compliance with Chinese regulations and comes after more than 2,500 games wereremovedfrom the App Store in China in July last year.</p>\n<p>Apple is looking to diversify its revenue streams in China, which has traditionally been a strong market for the Cupertino-based company. The iPhone maker is now facing stiff competition from rival smartphone makers in China such as Huawei and Vivo.</p>\n<p>The App Store was a significant driver of Apple’s $16.9 billion in services revenue generated in the recent second quarter.</p>\n<p><b>Price Action</b>: Apple shares closed 0.2% lower in Wednesday’s trading session at $133.70.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189282227","content_text":"Apple Inc. AAPL is looking to expand its revenue streams in China with the launch of its search advertising service this week, AppleInsiderreportedWednesday.\nWhat Happened: Apple has launched the advertising platform called Apple Search Ads in mainland China, enabling developers and advertisers to have App Store ads presented to users in the region, as per the report.\nAblog postby AppInChina, an agency that helps international apps launch in China, noted that advertisers and businesses must gain state approval and industry-specific licenses to be able to advertise in mainland China.\nApple may reportedly submit the documents uploaded by the businesses to third-party databases and government entities for verification.\nWhy It Matters: Apple Search Ads is being launched in China five years after it was launched in the U.S. The launch is in compliance with Chinese regulations and comes after more than 2,500 games wereremovedfrom the App Store in China in July last year.\nApple is looking to diversify its revenue streams in China, which has traditionally been a strong market for the Cupertino-based company. The iPhone maker is now facing stiff competition from rival smartphone makers in China such as Huawei and Vivo.\nThe App Store was a significant driver of Apple’s $16.9 billion in services revenue generated in the recent second quarter.\nPrice Action: Apple shares closed 0.2% lower in Wednesday’s trading session at $133.70.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128727137,"gmtCreate":1624533140929,"gmtModify":1703839579039,"author":{"id":"3581834278216776","authorId":"3581834278216776","name":"vijay1","avatar":"https://static.tigerbbs.com/c7931c13c878bb60bda55d5b287de175","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581834278216776","authorIdStr":"3581834278216776"},"themes":[],"htmlText":"How make money","listText":"How make money","text":"How make money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128727137","repostId":"1177720093","repostType":4,"isVote":1,"tweetType":1,"viewCount":460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128727949,"gmtCreate":1624533128381,"gmtModify":1703839578716,"author":{"id":"3581834278216776","authorId":"3581834278216776","name":"vijay1","avatar":"https://static.tigerbbs.com/c7931c13c878bb60bda55d5b287de175","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581834278216776","authorIdStr":"3581834278216776"},"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/128727949","repostId":"1177720093","repostType":4,"isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128725598,"gmtCreate":1624533057114,"gmtModify":1703839576432,"author":{"id":"3581834278216776","authorId":"3581834278216776","name":"vijay1","avatar":"https://static.tigerbbs.com/c7931c13c878bb60bda55d5b287de175","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581834278216776","authorIdStr":"3581834278216776"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128725598","repostId":"1137406909","repostType":4,"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128722771,"gmtCreate":1624533016993,"gmtModify":1703839574960,"author":{"id":"3581834278216776","authorId":"3581834278216776","name":"vijay1","avatar":"https://static.tigerbbs.com/c7931c13c878bb60bda55d5b287de175","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581834278216776","authorIdStr":"3581834278216776"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128722771","repostId":"1173023249","repostType":4,"repost":{"id":"1173023249","pubTimestamp":1624529082,"share":"https://ttm.financial/m/news/1173023249?lang=&edition=fundamental","pubTime":"2021-06-24 18:04","market":"us","language":"en","title":"Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes","url":"https://stock-news.laohu8.com/highlight/detail?id=1173023249","media":"cnbc","summary":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world","content":"<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes</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\">\nCredit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 18:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1173023249","content_text":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine rollouts, fiscal stimulus, and a broadening services recovery, the bank said.\nThe United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\n\nSwiss investment bank Credit Suisse expects global growth to accelerate in the coming months as countries gradually reopen their economies, leading to a recovery in revenue growth and rehiring.\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022. That growth will be led by vaccine rollouts, fiscal stimulus and a broadening services recovery. It also said the United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\nEconomic expansion will likely lead to a sharp recovery in global earnings growth that is set to fuel the stock market, according to Ray Farris, chief investment officer for South Asia at Credit Suisse.\n“We are looking for equities to be the asset class that is going to outperform over the next six months to a year,” Farris told CNBC’s “Squawk Box Asia” on Thursday. “As long as earnings continue to trend higher, history suggests that equities will grind their way up.”\n“There will be corrections from time to time, but those corrections would really be opportunities,” Farris said.\nEquities to outperform\nIn the equities market, Credit Suisse said it prefers exposure to cyclical sectors such as financials and materials. Cyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession.\nThe bank also prefers cyclical markets in Europe such as the United Kingdom, Germany and Spain. Farris explained on CNBC that Europe as an equity market is going to produce about the same earnings growth as the U.S. in 2021 but it is doing it at “valuations that are literally multi-decade lows on a relative basis.”\n“You are getting Europe on sale as it comes out of the pandemic, as it reopens and as growth accelerates,” Farris said, adding that the U.K. has exposure to financials and the global economy while Germany has exposure to cyclical sectors.\nIn Asia, the bank’s preferences are Korean and Thai stocks, which can potentially benefit from the worldwide chip shortage and global reflation trends. Thai stocks are likely to also gain from a rally in oil prices.\nCredit Suisse is neutral on Chinese equities, citing a slowdown in growth momentum post normalization from the pandemic and regulatory risks that are weighing on market sentiment.\nMonetary policy\nFarris pointed out in a separate media briefing that asset markets and asset prices remain supported by monetary policy in the U.S., Europe, Japan and other countries.\n“Central banks, the core central banks, are likely to continue to expand their balance sheets, injecting more liquidity into systems, all the way through to the end of the year,” he said.\nInflation pressure and inflation risks have risen in recent months, according to the bank. It expects inflation to temporarily overshoot central bank targets in major economies as services sectors reopen. Persistent price pressures would encourage the U.S. Federal Reserve towithdraw monetary accommodation— in the form of monthly asset purchases to stimulate the economy — early, Credit Suisse said.\nFarris said that he doesn’t expect the Fed to announce any decision until late third quarter and beyond, and that the actual tapering will not happen until 2022. Moreover, interest rates are likely to remain on hold until 2023.\n“So, that’s a very supportive monetary policy backdrop for risky assets,” Farris said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128728885,"gmtCreate":1624532920347,"gmtModify":1703839571528,"author":{"id":"3581834278216776","authorId":"3581834278216776","name":"vijay1","avatar":"https://static.tigerbbs.com/c7931c13c878bb60bda55d5b287de175","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581834278216776","authorIdStr":"3581834278216776"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128728885","repostId":"1173023249","repostType":4,"repost":{"id":"1173023249","pubTimestamp":1624529082,"share":"https://ttm.financial/m/news/1173023249?lang=&edition=fundamental","pubTime":"2021-06-24 18:04","market":"us","language":"en","title":"Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes","url":"https://stock-news.laohu8.com/highlight/detail?id=1173023249","media":"cnbc","summary":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world","content":"<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes</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\">\nCredit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 18:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1173023249","content_text":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine rollouts, fiscal stimulus, and a broadening services recovery, the bank said.\nThe United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\n\nSwiss investment bank Credit Suisse expects global growth to accelerate in the coming months as countries gradually reopen their economies, leading to a recovery in revenue growth and rehiring.\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022. That growth will be led by vaccine rollouts, fiscal stimulus and a broadening services recovery. It also said the United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\nEconomic expansion will likely lead to a sharp recovery in global earnings growth that is set to fuel the stock market, according to Ray Farris, chief investment officer for South Asia at Credit Suisse.\n“We are looking for equities to be the asset class that is going to outperform over the next six months to a year,” Farris told CNBC’s “Squawk Box Asia” on Thursday. “As long as earnings continue to trend higher, history suggests that equities will grind their way up.”\n“There will be corrections from time to time, but those corrections would really be opportunities,” Farris said.\nEquities to outperform\nIn the equities market, Credit Suisse said it prefers exposure to cyclical sectors such as financials and materials. Cyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession.\nThe bank also prefers cyclical markets in Europe such as the United Kingdom, Germany and Spain. Farris explained on CNBC that Europe as an equity market is going to produce about the same earnings growth as the U.S. in 2021 but it is doing it at “valuations that are literally multi-decade lows on a relative basis.”\n“You are getting Europe on sale as it comes out of the pandemic, as it reopens and as growth accelerates,” Farris said, adding that the U.K. has exposure to financials and the global economy while Germany has exposure to cyclical sectors.\nIn Asia, the bank’s preferences are Korean and Thai stocks, which can potentially benefit from the worldwide chip shortage and global reflation trends. Thai stocks are likely to also gain from a rally in oil prices.\nCredit Suisse is neutral on Chinese equities, citing a slowdown in growth momentum post normalization from the pandemic and regulatory risks that are weighing on market sentiment.\nMonetary policy\nFarris pointed out in a separate media briefing that asset markets and asset prices remain supported by monetary policy in the U.S., Europe, Japan and other countries.\n“Central banks, the core central banks, are likely to continue to expand their balance sheets, injecting more liquidity into systems, all the way through to the end of the year,” he said.\nInflation pressure and inflation risks have risen in recent months, according to the bank. It expects inflation to temporarily overshoot central bank targets in major economies as services sectors reopen. Persistent price pressures would encourage the U.S. Federal Reserve towithdraw monetary accommodation— in the form of monthly asset purchases to stimulate the economy — early, Credit Suisse said.\nFarris said that he doesn’t expect the Fed to announce any decision until late third quarter and beyond, and that the actual tapering will not happen until 2022. Moreover, interest rates are likely to remain on hold until 2023.\n“So, that’s a very supportive monetary policy backdrop for risky assets,” Farris said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":128725598,"gmtCreate":1624533057114,"gmtModify":1703839576432,"author":{"id":"3581834278216776","authorId":"3581834278216776","name":"vijay1","avatar":"https://static.tigerbbs.com/c7931c13c878bb60bda55d5b287de175","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581834278216776","authorIdStr":"3581834278216776"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128725598","repostId":"1137406909","repostType":4,"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128759136,"gmtCreate":1624533244725,"gmtModify":1703839582290,"author":{"id":"3581834278216776","authorId":"3581834278216776","name":"vijay1","avatar":"https://static.tigerbbs.com/c7931c13c878bb60bda55d5b287de175","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581834278216776","authorIdStr":"3581834278216776"},"themes":[],"htmlText":"Apple","listText":"Apple","text":"Apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128759136","repostId":"1189282227","repostType":4,"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128727137,"gmtCreate":1624533140929,"gmtModify":1703839579039,"author":{"id":"3581834278216776","authorId":"3581834278216776","name":"vijay1","avatar":"https://static.tigerbbs.com/c7931c13c878bb60bda55d5b287de175","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581834278216776","authorIdStr":"3581834278216776"},"themes":[],"htmlText":"How make money","listText":"How make money","text":"How make money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128727137","repostId":"1177720093","repostType":4,"isVote":1,"tweetType":1,"viewCount":460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128727949,"gmtCreate":1624533128381,"gmtModify":1703839578716,"author":{"id":"3581834278216776","authorId":"3581834278216776","name":"vijay1","avatar":"https://static.tigerbbs.com/c7931c13c878bb60bda55d5b287de175","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581834278216776","authorIdStr":"3581834278216776"},"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/128727949","repostId":"1177720093","repostType":4,"repost":{"id":"1177720093","pubTimestamp":1624527165,"share":"https://ttm.financial/m/news/1177720093?lang=&edition=fundamental","pubTime":"2021-06-24 17:32","market":"us","language":"en","title":"Why Inflation Is a Nightmare for Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1177720093","media":"InvestorPlace","summary":"The discounted cash-flow model behind TSLA stock is vulnerable should rates climb.\n\nThe chances of a","content":"<blockquote>\n <b>The discounted cash-flow model behind TSLA stock is</b> vulnerable should rates climb.\n</blockquote>\n<p>The chances of an interest rate hike sometime in the next year have increased significantly. That change is very bad news for<b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) stock.</p>\n<p><img src=\"https://static.tigerbbs.com/1a9e4827e5ca8b9041a52f67f5407154\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Ivan Marc / Shutterstock.com</p>\n<p>Just a month ago, the bond market was pricing in a25.3% chanceof at least one Federal Reserve rate hike by June 2022. In just one month, that percentage has climbed to&nbsp; 31%. Why? Last week, the Fed bumped up its time line for its next projected rate hike significantly. The Fed went from expecting no rate hikes until at least 2024 to projecting two hikes in 2023.</p>\n<p>The timing and pace of Fed interest rate hikes most certainly hinges on whether or not the 3.4% inflation rate the Fed projects for 2021 is temporary. It’s unlikely the Fed will pull the trigger on an interest rate hike any time soon. But the sooner and the higher interest rates start rising, the worse it is for TSLA stock.</p>\n<p><b>How Interest Rates Matter for TSLA Stock</b></p>\n<p>Barron’s writerAl Rootrecently penned a concise explanation of why higher interest rates are worse news for growth stocks than the rest of the market. In a nutshell, growth companies generate a higher percentage of their cash flow years into the future. Higher interest rates mean future cash is worth less in today’s dollars in part because investors have an opportunity to earn higher returns from assets paying interest and dividends today.</p>\n<p>As of March, analysts were projecting Tesla to generate $2 billion in cash flow in 2021 and $42 billion by 2030.</p>\n<p>By utilizing the discounted cash flow valuation method, Root calculated that each 1% rise in interest rates today would hurt Tesla’s valuation by about $200 billion. Based on Tesla’s current $601 billion market cap, a 1% rise in interest rates would correlate to about 33% downside for Tesla’s stock.</p>\n<p><b>Analyst Take</b></p>\n<p>InFebruary 2012, Tesla CEO ElonMuskmade a bold declaration about Tesla’s financial situation.</p>\n<p>“Tesla does not need to ever raise another funding round,” Musk said. “We may want to do so, but we are in a strong cash position, and we don’t need to.”</p>\n<p>Since then, Tesla has completed 14 capital raises, raising a total of more than$22 billion.</p>\n<p>Raising additional capital will be key to Tesla’s ability to grow, according to Bank of America analyst John Murphy:</p>\n<blockquote>\n “It remains to be seen if TSLA can capitalize on their first-mover advantage and stay dominant in the long term. Nevertheless, we continue to believe that as long as the company can fund outsized growth (new model introductions, capacity installation, etc.) with little to no cost of capital, as it has over the past decade plus, its high stock price will be justified.”\n</blockquote>\n<p>Cost of capital is a key concern, however. If Tesla continues to find investors to buy shares of stock, it can just continue to complete equity offerings. It’s easy enough to raise capital by diluting current shareholders. However, if it has to sell bonds to raise money, interest rates matter a lot. The interest paid on those bonds can get very costly if rates continue to rise.</p>\n<p>Like Murphy, I gave up a long time ago on predicting where TSLA stock is headed next. In August 2020, Murphy upgraded TSLA stock from “underperform” to “neutral.” At the time, Murphy said Tesla’s skyrocketing stock price essentially allows it to raise unlimited cheap funding via equity offerings.</p>\n<p>In other words, if there is no penalty for printing shares of stock out of thin air, Tesla and any other company can easily succeed.</p>\n<p><b>TSLA Stock and AMC</b></p>\n<p>Tesla a less extreme situation to what is currently happening with<b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>). AMC’s business was on the brink of bankruptcy earlier this year. Then, its cult following of investors sent its share price soaring to “save AMC.”</p>\n<p>AMC immediately startedaggressively dumpingshares into the market to raise the cash it needed to survive. The advantage of a cult following is that investors are willing to buy no matter how many shares the company sells. Even when AMCexplicitly warnedits shareholders they could lose “all or a substantial portion” of their investments, they didn’t care. These investors are essentially ATMs for companies like AMC and Tesla.</p>\n<p>Rising interest rates are very bad for Tesla’s valuation based on a discounted cash-flow model. Will that matter to TSLA stock investors? Probably not.I continueto recommend not going long or short TSLA stock. There are plenty of stocks out there that still trade based on the value of their underlying businesses. There’s no reason for investors to rely simply on the irrational exuberance of other buyers.</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>Why Inflation Is a Nightmare for Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Inflation Is a Nightmare for Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 17:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/tsla-stock-why-inflation-is-a-nightmare-for-tesla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The discounted cash-flow model behind TSLA stock is vulnerable should rates climb.\n\nThe chances of an interest rate hike sometime in the next year have increased significantly. That change is very bad...</p>\n\n<a href=\"https://investorplace.com/2021/06/tsla-stock-why-inflation-is-a-nightmare-for-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://investorplace.com/2021/06/tsla-stock-why-inflation-is-a-nightmare-for-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177720093","content_text":"The discounted cash-flow model behind TSLA stock is vulnerable should rates climb.\n\nThe chances of an interest rate hike sometime in the next year have increased significantly. That change is very bad news forTesla(NASDAQ:TSLA) stock.\nSource: Ivan Marc / Shutterstock.com\nJust a month ago, the bond market was pricing in a25.3% chanceof at least one Federal Reserve rate hike by June 2022. In just one month, that percentage has climbed to  31%. Why? Last week, the Fed bumped up its time line for its next projected rate hike significantly. The Fed went from expecting no rate hikes until at least 2024 to projecting two hikes in 2023.\nThe timing and pace of Fed interest rate hikes most certainly hinges on whether or not the 3.4% inflation rate the Fed projects for 2021 is temporary. It’s unlikely the Fed will pull the trigger on an interest rate hike any time soon. But the sooner and the higher interest rates start rising, the worse it is for TSLA stock.\nHow Interest Rates Matter for TSLA Stock\nBarron’s writerAl Rootrecently penned a concise explanation of why higher interest rates are worse news for growth stocks than the rest of the market. In a nutshell, growth companies generate a higher percentage of their cash flow years into the future. Higher interest rates mean future cash is worth less in today’s dollars in part because investors have an opportunity to earn higher returns from assets paying interest and dividends today.\nAs of March, analysts were projecting Tesla to generate $2 billion in cash flow in 2021 and $42 billion by 2030.\nBy utilizing the discounted cash flow valuation method, Root calculated that each 1% rise in interest rates today would hurt Tesla’s valuation by about $200 billion. Based on Tesla’s current $601 billion market cap, a 1% rise in interest rates would correlate to about 33% downside for Tesla’s stock.\nAnalyst Take\nInFebruary 2012, Tesla CEO ElonMuskmade a bold declaration about Tesla’s financial situation.\n“Tesla does not need to ever raise another funding round,” Musk said. “We may want to do so, but we are in a strong cash position, and we don’t need to.”\nSince then, Tesla has completed 14 capital raises, raising a total of more than$22 billion.\nRaising additional capital will be key to Tesla’s ability to grow, according to Bank of America analyst John Murphy:\n\n “It remains to be seen if TSLA can capitalize on their first-mover advantage and stay dominant in the long term. Nevertheless, we continue to believe that as long as the company can fund outsized growth (new model introductions, capacity installation, etc.) with little to no cost of capital, as it has over the past decade plus, its high stock price will be justified.”\n\nCost of capital is a key concern, however. If Tesla continues to find investors to buy shares of stock, it can just continue to complete equity offerings. It’s easy enough to raise capital by diluting current shareholders. However, if it has to sell bonds to raise money, interest rates matter a lot. The interest paid on those bonds can get very costly if rates continue to rise.\nLike Murphy, I gave up a long time ago on predicting where TSLA stock is headed next. In August 2020, Murphy upgraded TSLA stock from “underperform” to “neutral.” At the time, Murphy said Tesla’s skyrocketing stock price essentially allows it to raise unlimited cheap funding via equity offerings.\nIn other words, if there is no penalty for printing shares of stock out of thin air, Tesla and any other company can easily succeed.\nTSLA Stock and AMC\nTesla a less extreme situation to what is currently happening withAMC Entertainment(NYSE:AMC). AMC’s business was on the brink of bankruptcy earlier this year. Then, its cult following of investors sent its share price soaring to “save AMC.”\nAMC immediately startedaggressively dumpingshares into the market to raise the cash it needed to survive. The advantage of a cult following is that investors are willing to buy no matter how many shares the company sells. Even when AMCexplicitly warnedits shareholders they could lose “all or a substantial portion” of their investments, they didn’t care. These investors are essentially ATMs for companies like AMC and Tesla.\nRising interest rates are very bad for Tesla’s valuation based on a discounted cash-flow model. Will that matter to TSLA stock investors? Probably not.I continueto recommend not going long or short TSLA stock. There are plenty of stocks out there that still trade based on the value of their underlying businesses. There’s no reason for investors to rely simply on the irrational exuberance of other buyers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128722771,"gmtCreate":1624533016993,"gmtModify":1703839574960,"author":{"id":"3581834278216776","authorId":"3581834278216776","name":"vijay1","avatar":"https://static.tigerbbs.com/c7931c13c878bb60bda55d5b287de175","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581834278216776","authorIdStr":"3581834278216776"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128722771","repostId":"1173023249","repostType":4,"repost":{"id":"1173023249","pubTimestamp":1624529082,"share":"https://ttm.financial/m/news/1173023249?lang=&edition=fundamental","pubTime":"2021-06-24 18:04","market":"us","language":"en","title":"Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes","url":"https://stock-news.laohu8.com/highlight/detail?id=1173023249","media":"cnbc","summary":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world","content":"<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 18:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1173023249","content_text":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine rollouts, fiscal stimulus, and a broadening services recovery, the bank said.\nThe United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\n\nSwiss investment bank Credit Suisse expects global growth to accelerate in the coming months as countries gradually reopen their economies, leading to a recovery in revenue growth and rehiring.\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022. That growth will be led by vaccine rollouts, fiscal stimulus and a broadening services recovery. It also said the United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\nEconomic expansion will likely lead to a sharp recovery in global earnings growth that is set to fuel the stock market, according to Ray Farris, chief investment officer for South Asia at Credit Suisse.\n“We are looking for equities to be the asset class that is going to outperform over the next six months to a year,” Farris told CNBC’s “Squawk Box Asia” on Thursday. “As long as earnings continue to trend higher, history suggests that equities will grind their way up.”\n“There will be corrections from time to time, but those corrections would really be opportunities,” Farris said.\nEquities to outperform\nIn the equities market, Credit Suisse said it prefers exposure to cyclical sectors such as financials and materials. Cyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession.\nThe bank also prefers cyclical markets in Europe such as the United Kingdom, Germany and Spain. Farris explained on CNBC that Europe as an equity market is going to produce about the same earnings growth as the U.S. in 2021 but it is doing it at “valuations that are literally multi-decade lows on a relative basis.”\n“You are getting Europe on sale as it comes out of the pandemic, as it reopens and as growth accelerates,” Farris said, adding that the U.K. has exposure to financials and the global economy while Germany has exposure to cyclical sectors.\nIn Asia, the bank’s preferences are Korean and Thai stocks, which can potentially benefit from the worldwide chip shortage and global reflation trends. Thai stocks are likely to also gain from a rally in oil prices.\nCredit Suisse is neutral on Chinese equities, citing a slowdown in growth momentum post normalization from the pandemic and regulatory risks that are weighing on market sentiment.\nMonetary policy\nFarris pointed out in a separate media briefing that asset markets and asset prices remain supported by monetary policy in the U.S., Europe, Japan and other countries.\n“Central banks, the core central banks, are likely to continue to expand their balance sheets, injecting more liquidity into systems, all the way through to the end of the year,” he said.\nInflation pressure and inflation risks have risen in recent months, according to the bank. It expects inflation to temporarily overshoot central bank targets in major economies as services sectors reopen. Persistent price pressures would encourage the U.S. Federal Reserve towithdraw monetary accommodation— in the form of monthly asset purchases to stimulate the economy — early, Credit Suisse said.\nFarris said that he doesn’t expect the Fed to announce any decision until late third quarter and beyond, and that the actual tapering will not happen until 2022. Moreover, interest rates are likely to remain on hold until 2023.\n“So, that’s a very supportive monetary policy backdrop for risky assets,” Farris said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128728885,"gmtCreate":1624532920347,"gmtModify":1703839571528,"author":{"id":"3581834278216776","authorId":"3581834278216776","name":"vijay1","avatar":"https://static.tigerbbs.com/c7931c13c878bb60bda55d5b287de175","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581834278216776","authorIdStr":"3581834278216776"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128728885","repostId":"1173023249","repostType":4,"repost":{"id":"1173023249","pubTimestamp":1624529082,"share":"https://ttm.financial/m/news/1173023249?lang=&edition=fundamental","pubTime":"2021-06-24 18:04","market":"us","language":"en","title":"Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes","url":"https://stock-news.laohu8.com/highlight/detail?id=1173023249","media":"cnbc","summary":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world","content":"<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 18:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1173023249","content_text":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine rollouts, fiscal stimulus, and a broadening services recovery, the bank said.\nThe United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\n\nSwiss investment bank Credit Suisse expects global growth to accelerate in the coming months as countries gradually reopen their economies, leading to a recovery in revenue growth and rehiring.\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022. That growth will be led by vaccine rollouts, fiscal stimulus and a broadening services recovery. It also said the United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\nEconomic expansion will likely lead to a sharp recovery in global earnings growth that is set to fuel the stock market, according to Ray Farris, chief investment officer for South Asia at Credit Suisse.\n“We are looking for equities to be the asset class that is going to outperform over the next six months to a year,” Farris told CNBC’s “Squawk Box Asia” on Thursday. “As long as earnings continue to trend higher, history suggests that equities will grind their way up.”\n“There will be corrections from time to time, but those corrections would really be opportunities,” Farris said.\nEquities to outperform\nIn the equities market, Credit Suisse said it prefers exposure to cyclical sectors such as financials and materials. Cyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession.\nThe bank also prefers cyclical markets in Europe such as the United Kingdom, Germany and Spain. Farris explained on CNBC that Europe as an equity market is going to produce about the same earnings growth as the U.S. in 2021 but it is doing it at “valuations that are literally multi-decade lows on a relative basis.”\n“You are getting Europe on sale as it comes out of the pandemic, as it reopens and as growth accelerates,” Farris said, adding that the U.K. has exposure to financials and the global economy while Germany has exposure to cyclical sectors.\nIn Asia, the bank’s preferences are Korean and Thai stocks, which can potentially benefit from the worldwide chip shortage and global reflation trends. Thai stocks are likely to also gain from a rally in oil prices.\nCredit Suisse is neutral on Chinese equities, citing a slowdown in growth momentum post normalization from the pandemic and regulatory risks that are weighing on market sentiment.\nMonetary policy\nFarris pointed out in a separate media briefing that asset markets and asset prices remain supported by monetary policy in the U.S., Europe, Japan and other countries.\n“Central banks, the core central banks, are likely to continue to expand their balance sheets, injecting more liquidity into systems, all the way through to the end of the year,” he said.\nInflation pressure and inflation risks have risen in recent months, according to the bank. It expects inflation to temporarily overshoot central bank targets in major economies as services sectors reopen. Persistent price pressures would encourage the U.S. Federal Reserve towithdraw monetary accommodation— in the form of monthly asset purchases to stimulate the economy — early, Credit Suisse said.\nFarris said that he doesn’t expect the Fed to announce any decision until late third quarter and beyond, and that the actual tapering will not happen until 2022. Moreover, interest rates are likely to remain on hold until 2023.\n“So, that’s a very supportive monetary policy backdrop for risky assets,” Farris said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}