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J4
07-01
Join and win rewards.
J4
07-01
👍
@TigerEvents:[10th Anniv] Discover exciting features & win a US$1,010 reward!
J4
01-14
👍👍👍👍👍👍
J4
01-13
Fun and nice game. 👍
J4
01-12
Fun and nice game. 👍
J4
01-11
Fun and nice games.
J4
01-10
👍👍👍👍👍👍👍👍
J4
01-09
Enjoy the games. 👍👍
J4
01-08
Nice game. Go and play.
J4
01-07
Fun and nice games.
J4
01-06
Fun and nice games.
J4
01-05
Play the game and win.
J4
01-05
Play The game and win voucher.
J4
01-04
Nice and fun games.
J4
01-03
Fun and nice game. 👍
J4
01-02
Fun and nice games. 👍
J4
01-01
happy new year. 🥳
J4
2023-12-31
Nice game. Play now.
J4
2023-12-30
Nice game. Go and play it.
J4
2023-12-29
Nice and fun games. 👍
Go to Tiger App to see more news
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","text":"Play The game and win voucher.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259799862685768","isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259538890895544,"gmtCreate":1704374470365,"gmtModify":1704374474551,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Nice and fun games. ","listText":"Nice and fun games. ","text":"Nice and fun games.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259538890895544","isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259104208572464,"gmtCreate":1704270321789,"gmtModify":1704270325563,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Fun and nice game. 👍","listText":"Fun and nice game. 👍","text":"Fun and nice game. 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259104208572464","isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258614566830152,"gmtCreate":1704172217383,"gmtModify":1704172221396,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Fun and nice games. 👍","listText":"Fun and nice games. 👍","text":"Fun and nice games. 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258614566830152","isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258213131522104,"gmtCreate":1704074349221,"gmtModify":1704074353342,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"happy new year. 🥳","listText":"happy new year. 🥳","text":"happy new year. 🥳","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258213131522104","isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257848336834816,"gmtCreate":1703985302381,"gmtModify":1703985306391,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Nice game. Play now. ","listText":"Nice game. Play now. ","text":"Nice game. Play now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257848336834816","isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257620166140104,"gmtCreate":1703929543032,"gmtModify":1703929547129,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Nice game. Go and play it. ","listText":"Nice game. Go and play it. ","text":"Nice game. Go and play it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257620166140104","isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257181789970728,"gmtCreate":1703822599800,"gmtModify":1703822604830,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Nice and fun games. 👍","listText":"Nice and fun games. 👍","text":"Nice and fun games. 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257181789970728","isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9055269202,"gmtCreate":1655277367506,"gmtModify":1676535603200,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9055269202","repostId":"2243698842","repostType":4,"repost":{"id":"2243698842","kind":"highlight","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":1655265051,"share":"https://ttm.financial/m/news/2243698842?lang=&edition=fundamental","pubTime":"2022-06-15 11:50","market":"us","language":"en","title":"Nio Stock Jumps, It's Not Just About a New Car","url":"https://stock-news.laohu8.com/highlight/detail?id=2243698842","media":"Dow Jones","summary":"Nio stock was soaring after the Chinese electric-vehicle maker announced a new car. The big move, ho","content":"<html><head></head><body><p>Nio stock was soaring after the Chinese electric-vehicle maker announced a new car. The big move, however, may have more to do with hopes for the Chinese economy than any individual car.</p><p>Nio stock has gained 16.7% to $18.66 on Tuesday ahead of a launch event on Wednesday. The company is expected to reveal its much-anticipated ES7 SUV -- it teased a video of something -- and the hope is that it will help drive new sales through 2022.<img src=\"https://static.tigerbbs.com/575b819e58c7c0e8e60bcf3b213fea91\" tg-width=\"841\" tg-height=\"664\" referrerpolicy=\"no-referrer\"/>But Nio is also benefiting from what looks to be a reassessment of Chinese stocks by investors. While the S&P 500 has fallen 0.3% and the Dow Jones Industrial Average is off 0.5%, the iShares MSCI China ETF has gained 3.1%. That's helped boost not only Nio, but <a href=\"https://laohu8.com/S/LI\">Li Auto</a>, which is up 10.9%, <a href=\"https://laohu8.com/S/XPEV\">XPeng</a>, which has risen 7.52%, and <a href=\"https://laohu8.com/S/BABA\">Alibaba Group Holdings</a>, which is up 6.8%.</p><p>What's brought Chinese stocks, which have gotten pummeled, back into favor, at least for one day. After another series of near-total Covid-19 lockdowns, the economy has started to reopen, while policy makers are starting to take steps to ease monetary conditions at a time when the U.S. Federal Reserve is set to raise interest rates by the most since the 1990s.</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>Nio Stock Jumps, It's Not Just About a New Car</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Stock Jumps, It's Not Just About a New Car\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-15 11:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nio stock was soaring after the Chinese electric-vehicle maker announced a new car. The big move, however, may have more to do with hopes for the Chinese economy than any individual car.</p><p>Nio stock has gained 16.7% to $18.66 on Tuesday ahead of a launch event on Wednesday. The company is expected to reveal its much-anticipated ES7 SUV -- it teased a video of something -- and the hope is that it will help drive new sales through 2022.<img src=\"https://static.tigerbbs.com/575b819e58c7c0e8e60bcf3b213fea91\" tg-width=\"841\" tg-height=\"664\" referrerpolicy=\"no-referrer\"/>But Nio is also benefiting from what looks to be a reassessment of Chinese stocks by investors. While the S&P 500 has fallen 0.3% and the Dow Jones Industrial Average is off 0.5%, the iShares MSCI China ETF has gained 3.1%. That's helped boost not only Nio, but <a href=\"https://laohu8.com/S/LI\">Li Auto</a>, which is up 10.9%, <a href=\"https://laohu8.com/S/XPEV\">XPeng</a>, which has risen 7.52%, and <a href=\"https://laohu8.com/S/BABA\">Alibaba Group Holdings</a>, which is up 6.8%.</p><p>What's brought Chinese stocks, which have gotten pummeled, back into favor, at least for one day. After another series of near-total Covid-19 lockdowns, the economy has started to reopen, while policy makers are starting to take steps to ease monetary conditions at a time when the U.S. Federal Reserve is set to raise interest rates by the most since the 1990s.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2243698842","content_text":"Nio stock was soaring after the Chinese electric-vehicle maker announced a new car. The big move, however, may have more to do with hopes for the Chinese economy than any individual car.Nio stock has gained 16.7% to $18.66 on Tuesday ahead of a launch event on Wednesday. The company is expected to reveal its much-anticipated ES7 SUV -- it teased a video of something -- and the hope is that it will help drive new sales through 2022.But Nio is also benefiting from what looks to be a reassessment of Chinese stocks by investors. While the S&P 500 has fallen 0.3% and the Dow Jones Industrial Average is off 0.5%, the iShares MSCI China ETF has gained 3.1%. That's helped boost not only Nio, but Li Auto, which is up 10.9%, XPeng, which has risen 7.52%, and Alibaba Group Holdings, which is up 6.8%.What's brought Chinese stocks, which have gotten pummeled, back into favor, at least for one day. After another series of near-total Covid-19 lockdowns, the economy has started to reopen, while policy makers are starting to take steps to ease monetary conditions at a time when the U.S. Federal Reserve is set to raise interest rates by the most since the 1990s.","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079008366,"gmtCreate":1657116876655,"gmtModify":1676535952163,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079008366","repostId":"1151256214","repostType":4,"repost":{"id":"1151256214","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1657099688,"share":"https://ttm.financial/m/news/1151256214?lang=&edition=fundamental","pubTime":"2022-07-06 17:28","market":"us","language":"en","title":"Fed Minutes Are Coming, Here Are 4 Things to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1151256214","media":"Dow Jones","summary":"When the Federal Reserve releases minutes from its June 14-15 meeting today, investors will get a de","content":"<html><head></head><body><p>When the Federal Reserve releases minutes from its June 14-15 meeting today, investors will get a deeper look at the central bank’s latest deliberations and economic analysis.</p><p>Rationale behind the Fed’s 0.75-percentage-point rate hike in June, which was the biggest since 1994, has been well telegraphed. Heading into the policy-setting meeting, the consumer price index made a fresh 40-year high and a separate report showed an alarming increase in consumers’ longer-term inflation expectations. The latter data point has since been revised lower, but inflation expectations remain well above the Fed’s 2% target. Central bankers have revealed increased concern over elevated inflation expectations because inflation psychology can become a self-fulfilling prophecy as expectations of higher future prices prompt consumers to pull forward spending.</p><p>In his press conference and subsequent congressional testimony last month, Fed Chairman Jerome Powell stressed that fighting inflation is the central bank’s top priority, even at the expense of economic growth. Inflation is already hurting growth, and Powell has said he wants to cool demand—which exploded on account of simultaneous fiscal and monetary pandemic stimulus—to regain price stability.</p><p>Since the June meeting and Powell’s most recent public appearances, commodity prices have cooled, mortgage rates have risen, and markets have fallen as recession fears intensify. Given the dramatic pivot in market focus to near-term recession concerns, many of the discussions in the minutes to the June meeting may thus appear stale, economists at Deutsche Bank say. Still, there may be clues about how the Fed is thinking about the tradeoff between some economic pain and the need to bring inflation down over time, they say.</p><p>Here are a few places to look for clues—and how to interpret them.</p><h3>Super-sized hikes–one and done or more to come?</h3><p>The 0.75-percentage-point hike was only a remote possibility leading up to the June decision. Powell has said a subsequent increase of that magnitude wasn’t his base case, but Wall Street believes it is. Much will depend on the data before the July 26-27 meeting, with the June CPI coming out July 13. The Deutsche Bank economists say they are looking for hits around the thresholds needed to “downshift” the pace of hikes, noting that many Fed officials are signaling expectations for another “super-sized” 0.75-percentage-point increase this month.</p><p>At this point, traders are pricing in about an 83% chance of another three-quarter point hike in July, with a 78% probability of a 0.5% increase in September.</p><h3>Inflation talk</h3><p>Given that the three-quarter point hike was a surprise until just before the meeting, the June minutes should reflect the increased inflation concern that led to the more aggressive policy move, economists at Citi say. Coupled with language echoing Powell’s pledge to bring down inflation despite the negative consequences for growth, the minutes may read “hawkish” to a market that has become much more focused on downside growth risks since the June meeting, they say.</p><p>While signs of peaking inflation have emerged, such as falling copper prices and inventory warnings from retailers including Target (ticker: TGT) and Walmart (WMT), the former has mostly happened after the June Fed meeting and wouldn’t show up in the minutes. Neither the former or the latter is yet showing up in the economic data, and it remains to be seen whether wither would enough to cool overall inflation. Powell has said he needs to see “clear and convincing evidence” that inflation is coming down—the minutes could shed light on what might represent such evidence.</p><h3>Growth concerns</h3><p>With the latest rate decision came updated quarterly economic forecasts through 2024, as well as new longer-run estimates. In the June summary of economic projections, or SEP, Fed officials raised their expectations for the fed funds rate, downgraded their gross domestic product estimates, and raised their unemployment rate forecasts. That is as they lifted their near-term estimate for the core PCE, or the personal consumption expenditure index minus food and energy, while lowering their forecasts for the metric in 2023 and 2024 and reiterating their belief that inflation by that measure would then return to target.</p><p>Some economists say the latest SEP is still far too optimistic and doesn’t add up. How, for example, can inflation fall within striking distance of 2% next year with GDP still rising 1.7%? Since the release, Powell and other Fed officials have more directly articulated the difficulty in engineering a so-called soft landing, where the central bank sufficiently cools inflation without reversing growth.</p><h3>The next Powell pivot</h3><p>As Jim Reid of Deutsche Bank points out, we are only 31/2 months into this Fed hiking cycle and futures are already pricing in around 0.7 percentage point of interest-rate cuts in the year after the February 2023 meeting. That translates to a peak policy rate of about 3.39%.</p><p>As growth concerns pick up, with more economists now saying a recession is inevitable and some of them pulling forward their recession start-date call to this year from 2023, stocks are continuing to fall and investors are wondering what it will take for the Fed to shift its focus back to growth from inflation.</p><p>“When markets are in turmoil, investors always look at the Fed as the entity that can save the day,” says Roberto Perli, head of global policy at Piper Sandler. This time is no exception, he says, adding that client questioning is intensifying around whether markets have dropped enough, and recession fears are high enough, to induce a Fed pause or pivot.</p><p>This time is no exception: We regularly field many questions to the effect of, have the markets dropped enough to induce the Fed to pause or reverse course? Recently, with markets remaining volatile and talks of recession becoming widespread, this line of questioning intensified.</p><p>For now, Perli says the Fed isn’t close to pausing or changing course. The June minutes will probably reflect that sentiment. What happens beyond that is far less certain.</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>Fed Minutes Are Coming, Here Are 4 Things to Watch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Minutes Are Coming, Here Are 4 Things to Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-06 17:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>When the Federal Reserve releases minutes from its June 14-15 meeting today, investors will get a deeper look at the central bank’s latest deliberations and economic analysis.</p><p>Rationale behind the Fed’s 0.75-percentage-point rate hike in June, which was the biggest since 1994, has been well telegraphed. Heading into the policy-setting meeting, the consumer price index made a fresh 40-year high and a separate report showed an alarming increase in consumers’ longer-term inflation expectations. The latter data point has since been revised lower, but inflation expectations remain well above the Fed’s 2% target. Central bankers have revealed increased concern over elevated inflation expectations because inflation psychology can become a self-fulfilling prophecy as expectations of higher future prices prompt consumers to pull forward spending.</p><p>In his press conference and subsequent congressional testimony last month, Fed Chairman Jerome Powell stressed that fighting inflation is the central bank’s top priority, even at the expense of economic growth. Inflation is already hurting growth, and Powell has said he wants to cool demand—which exploded on account of simultaneous fiscal and monetary pandemic stimulus—to regain price stability.</p><p>Since the June meeting and Powell’s most recent public appearances, commodity prices have cooled, mortgage rates have risen, and markets have fallen as recession fears intensify. Given the dramatic pivot in market focus to near-term recession concerns, many of the discussions in the minutes to the June meeting may thus appear stale, economists at Deutsche Bank say. Still, there may be clues about how the Fed is thinking about the tradeoff between some economic pain and the need to bring inflation down over time, they say.</p><p>Here are a few places to look for clues—and how to interpret them.</p><h3>Super-sized hikes–one and done or more to come?</h3><p>The 0.75-percentage-point hike was only a remote possibility leading up to the June decision. Powell has said a subsequent increase of that magnitude wasn’t his base case, but Wall Street believes it is. Much will depend on the data before the July 26-27 meeting, with the June CPI coming out July 13. The Deutsche Bank economists say they are looking for hits around the thresholds needed to “downshift” the pace of hikes, noting that many Fed officials are signaling expectations for another “super-sized” 0.75-percentage-point increase this month.</p><p>At this point, traders are pricing in about an 83% chance of another three-quarter point hike in July, with a 78% probability of a 0.5% increase in September.</p><h3>Inflation talk</h3><p>Given that the three-quarter point hike was a surprise until just before the meeting, the June minutes should reflect the increased inflation concern that led to the more aggressive policy move, economists at Citi say. Coupled with language echoing Powell’s pledge to bring down inflation despite the negative consequences for growth, the minutes may read “hawkish” to a market that has become much more focused on downside growth risks since the June meeting, they say.</p><p>While signs of peaking inflation have emerged, such as falling copper prices and inventory warnings from retailers including Target (ticker: TGT) and Walmart (WMT), the former has mostly happened after the June Fed meeting and wouldn’t show up in the minutes. Neither the former or the latter is yet showing up in the economic data, and it remains to be seen whether wither would enough to cool overall inflation. Powell has said he needs to see “clear and convincing evidence” that inflation is coming down—the minutes could shed light on what might represent such evidence.</p><h3>Growth concerns</h3><p>With the latest rate decision came updated quarterly economic forecasts through 2024, as well as new longer-run estimates. In the June summary of economic projections, or SEP, Fed officials raised their expectations for the fed funds rate, downgraded their gross domestic product estimates, and raised their unemployment rate forecasts. That is as they lifted their near-term estimate for the core PCE, or the personal consumption expenditure index minus food and energy, while lowering their forecasts for the metric in 2023 and 2024 and reiterating their belief that inflation by that measure would then return to target.</p><p>Some economists say the latest SEP is still far too optimistic and doesn’t add up. How, for example, can inflation fall within striking distance of 2% next year with GDP still rising 1.7%? Since the release, Powell and other Fed officials have more directly articulated the difficulty in engineering a so-called soft landing, where the central bank sufficiently cools inflation without reversing growth.</p><h3>The next Powell pivot</h3><p>As Jim Reid of Deutsche Bank points out, we are only 31/2 months into this Fed hiking cycle and futures are already pricing in around 0.7 percentage point of interest-rate cuts in the year after the February 2023 meeting. That translates to a peak policy rate of about 3.39%.</p><p>As growth concerns pick up, with more economists now saying a recession is inevitable and some of them pulling forward their recession start-date call to this year from 2023, stocks are continuing to fall and investors are wondering what it will take for the Fed to shift its focus back to growth from inflation.</p><p>“When markets are in turmoil, investors always look at the Fed as the entity that can save the day,” says Roberto Perli, head of global policy at Piper Sandler. This time is no exception, he says, adding that client questioning is intensifying around whether markets have dropped enough, and recession fears are high enough, to induce a Fed pause or pivot.</p><p>This time is no exception: We regularly field many questions to the effect of, have the markets dropped enough to induce the Fed to pause or reverse course? Recently, with markets remaining volatile and talks of recession becoming widespread, this line of questioning intensified.</p><p>For now, Perli says the Fed isn’t close to pausing or changing course. The June minutes will probably reflect that sentiment. What happens beyond that is far less certain.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151256214","content_text":"When the Federal Reserve releases minutes from its June 14-15 meeting today, investors will get a deeper look at the central bank’s latest deliberations and economic analysis.Rationale behind the Fed’s 0.75-percentage-point rate hike in June, which was the biggest since 1994, has been well telegraphed. Heading into the policy-setting meeting, the consumer price index made a fresh 40-year high and a separate report showed an alarming increase in consumers’ longer-term inflation expectations. The latter data point has since been revised lower, but inflation expectations remain well above the Fed’s 2% target. Central bankers have revealed increased concern over elevated inflation expectations because inflation psychology can become a self-fulfilling prophecy as expectations of higher future prices prompt consumers to pull forward spending.In his press conference and subsequent congressional testimony last month, Fed Chairman Jerome Powell stressed that fighting inflation is the central bank’s top priority, even at the expense of economic growth. Inflation is already hurting growth, and Powell has said he wants to cool demand—which exploded on account of simultaneous fiscal and monetary pandemic stimulus—to regain price stability.Since the June meeting and Powell’s most recent public appearances, commodity prices have cooled, mortgage rates have risen, and markets have fallen as recession fears intensify. Given the dramatic pivot in market focus to near-term recession concerns, many of the discussions in the minutes to the June meeting may thus appear stale, economists at Deutsche Bank say. Still, there may be clues about how the Fed is thinking about the tradeoff between some economic pain and the need to bring inflation down over time, they say.Here are a few places to look for clues—and how to interpret them.Super-sized hikes–one and done or more to come?The 0.75-percentage-point hike was only a remote possibility leading up to the June decision. Powell has said a subsequent increase of that magnitude wasn’t his base case, but Wall Street believes it is. Much will depend on the data before the July 26-27 meeting, with the June CPI coming out July 13. The Deutsche Bank economists say they are looking for hits around the thresholds needed to “downshift” the pace of hikes, noting that many Fed officials are signaling expectations for another “super-sized” 0.75-percentage-point increase this month.At this point, traders are pricing in about an 83% chance of another three-quarter point hike in July, with a 78% probability of a 0.5% increase in September.Inflation talkGiven that the three-quarter point hike was a surprise until just before the meeting, the June minutes should reflect the increased inflation concern that led to the more aggressive policy move, economists at Citi say. Coupled with language echoing Powell’s pledge to bring down inflation despite the negative consequences for growth, the minutes may read “hawkish” to a market that has become much more focused on downside growth risks since the June meeting, they say.While signs of peaking inflation have emerged, such as falling copper prices and inventory warnings from retailers including Target (ticker: TGT) and Walmart (WMT), the former has mostly happened after the June Fed meeting and wouldn’t show up in the minutes. Neither the former or the latter is yet showing up in the economic data, and it remains to be seen whether wither would enough to cool overall inflation. Powell has said he needs to see “clear and convincing evidence” that inflation is coming down—the minutes could shed light on what might represent such evidence.Growth concernsWith the latest rate decision came updated quarterly economic forecasts through 2024, as well as new longer-run estimates. In the June summary of economic projections, or SEP, Fed officials raised their expectations for the fed funds rate, downgraded their gross domestic product estimates, and raised their unemployment rate forecasts. That is as they lifted their near-term estimate for the core PCE, or the personal consumption expenditure index minus food and energy, while lowering their forecasts for the metric in 2023 and 2024 and reiterating their belief that inflation by that measure would then return to target.Some economists say the latest SEP is still far too optimistic and doesn’t add up. How, for example, can inflation fall within striking distance of 2% next year with GDP still rising 1.7%? Since the release, Powell and other Fed officials have more directly articulated the difficulty in engineering a so-called soft landing, where the central bank sufficiently cools inflation without reversing growth.The next Powell pivotAs Jim Reid of Deutsche Bank points out, we are only 31/2 months into this Fed hiking cycle and futures are already pricing in around 0.7 percentage point of interest-rate cuts in the year after the February 2023 meeting. That translates to a peak policy rate of about 3.39%.As growth concerns pick up, with more economists now saying a recession is inevitable and some of them pulling forward their recession start-date call to this year from 2023, stocks are continuing to fall and investors are wondering what it will take for the Fed to shift its focus back to growth from inflation.“When markets are in turmoil, investors always look at the Fed as the entity that can save the day,” says Roberto Perli, head of global policy at Piper Sandler. This time is no exception, he says, adding that client questioning is intensifying around whether markets have dropped enough, and recession fears are high enough, to induce a Fed pause or pivot.This time is no exception: We regularly field many questions to the effect of, have the markets dropped enough to induce the Fed to pause or reverse course? Recently, with markets remaining volatile and talks of recession becoming widespread, this line of questioning intensified.For now, Perli says the Fed isn’t close to pausing or changing course. The June minutes will probably reflect that sentiment. What happens beyond that is far less certain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9047962113,"gmtCreate":1656856088333,"gmtModify":1676535904352,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047962113","repostId":"2248980919","repostType":4,"repost":{"id":"2248980919","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1656848586,"share":"https://ttm.financial/m/news/2248980919?lang=&edition=fundamental","pubTime":"2022-07-03 19:43","market":"us","language":"en","title":"Tesla Q2 Deliveries Slump To 254,695 Amid Supply Chain, Pandemic Problems","url":"https://stock-news.laohu8.com/highlight/detail?id=2248980919","media":"Reuters","summary":"July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second q","content":"<html><head></head><body><p>July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second quarter, as a COVID-related shutdown in Shanghai hit its production and supply chain.</p><p>In the preceding quarter, the U.S. electric car maker delivered 310,048 vehicles globally.</p><p>Analysts had expected Tesla to report deliveries of 295,078 vehicles for the April to June period, according to Refinitiv data. Several analysts had slashed their estimates further to about 250,000 due to China's prolonged lockdown.</p><p>Tesla said it delivered 238,533 Model 3 compact cars and Model Y sport-utility vehicles, as well as 16,162 of its Model S and Model X vehicles to customers in the quarter.</p><p>Total production fell 15.3% to 258,580 vehicles from the first quarter. June 2022 was the highest vehicle production month in Tesla's history, the company said in a news release.</p><p><img src=\"https://static.tigerbbs.com/b06a0b120caa4763851aba5807bfe85b\" tg-width=\"1017\" tg-height=\"192\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q2 Deliveries Slump To 254,695 Amid Supply Chain, Pandemic Problems</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q2 Deliveries Slump To 254,695 Amid Supply Chain, Pandemic Problems\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-03 19:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second quarter, as a COVID-related shutdown in Shanghai hit its production and supply chain.</p><p>In the preceding quarter, the U.S. electric car maker delivered 310,048 vehicles globally.</p><p>Analysts had expected Tesla to report deliveries of 295,078 vehicles for the April to June period, according to Refinitiv data. Several analysts had slashed their estimates further to about 250,000 due to China's prolonged lockdown.</p><p>Tesla said it delivered 238,533 Model 3 compact cars and Model Y sport-utility vehicles, as well as 16,162 of its Model S and Model X vehicles to customers in the quarter.</p><p>Total production fell 15.3% to 258,580 vehicles from the first quarter. June 2022 was the highest vehicle production month in Tesla's history, the company said in a news release.</p><p><img src=\"https://static.tigerbbs.com/b06a0b120caa4763851aba5807bfe85b\" tg-width=\"1017\" tg-height=\"192\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2248980919","content_text":"July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second quarter, as a COVID-related shutdown in Shanghai hit its production and supply chain.In the preceding quarter, the U.S. electric car maker delivered 310,048 vehicles globally.Analysts had expected Tesla to report deliveries of 295,078 vehicles for the April to June period, according to Refinitiv data. Several analysts had slashed their estimates further to about 250,000 due to China's prolonged lockdown.Tesla said it delivered 238,533 Model 3 compact cars and Model Y sport-utility vehicles, as well as 16,162 of its Model S and Model X vehicles to customers in the quarter.Total production fell 15.3% to 258,580 vehicles from the first quarter. June 2022 was the highest vehicle production month in Tesla's history, the company said in a news release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236435068809280,"gmtCreate":1698758957113,"gmtModify":1698758961181,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Fun games 👍👍👍","listText":"Fun games 👍👍👍","text":"Fun games 👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/236435068809280","isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9046343648,"gmtCreate":1656301756084,"gmtModify":1676535802438,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046343648","repostId":"2246573111","repostType":4,"repost":{"id":"2246573111","kind":"highlight","pubTimestamp":1656295685,"share":"https://ttm.financial/m/news/2246573111?lang=&edition=fundamental","pubTime":"2022-06-27 10:08","market":"hk","language":"en","title":"NIO - Proceed With Caution","url":"https://stock-news.laohu8.com/highlight/detail?id=2246573111","media":"Seekingalpha","summary":"NIO (NYSE:NIO) stock has been rallying lately. Up 67% over the last month, it has outperformed both ","content":"<html><head></head><body><p><b>NIO</b> (NYSE:NIO) stock has been rallying lately. Up 67% over the last month, it has outperformed both the U.S. and Chinese stock markets.</p><p>Since the last time I covered NIO, much has changed. In my previous article, I rated NIO a hold, mainly due to its steep valuation and competition in its market. However, the picture has improved. The company has earned glowing media coverage. China’s lockdowns have ended. Shanghai has reached zero COVID cases. More importantly, NIO stock has been buoyed by a favourable policy shift in China.</p><p>The stock’s most recent dip was caused by a massive lockdown in China that shuttered some of its factories. This month, the lockdown was eased, which led to NIO completely reversing its prior trend overnight. Investors think that the company’s earnings will be better in the future than they were in the past. Even in the first quarter–when the lockdowns were in full swing–NIO managed 25% revenue growth. With lockdowns no longer affecting its production, it looks like NIO could thrive in the quarters ahead.</p><p>Indeed, I believe that NIO’s earnings for the upcoming quarters are likely to be good. I believe it strongly enough that I actually bought a small number of NIO shares on the recent dip. The company is a small cap with solid growth and well-reviewed products, so it has promise.</p><p>It’s for this reason that I’ve switched my NIO rating to buy. It is promising enough for growth investors that it merits a small weighting in a diversified portfolio. However, there are some caveats to keep in mind. First off, my position in it is miniscule. Second, much of the bull thesis on Chinese equities does not apply to this specific company. People who like Chinese stocks like them because of their high margins, pristine balance sheets, and cheapness. Few of these factors apply to NIO. It isn’t profitable, so the “high margins” thing is out, and 120 price/operating cash flow ratio doesn’t speak to a bargain.</p><p>Instead, the NIO thesis mostly revolves around growth potential. Its trailing 12-month revenue growth rate is 66%, and that’s with lockdown-fueled deceleration in the picture. Basically, this is a growth opportunity, not a value play–so it’s different from other Chinese stocks like <b>Alibaba</b> (BABA), which are truly dirt-cheap. In a best-case scenario, NIO stock could rise dramatically. But there are many risks and challenges to be aware of. For this reason, I rate the stock a buy, but not a strong buy. In this article, I'll explain my thesis on the stock, specifically why it merits a small weighting in a growth-oriented portfolio.</p><h2>Competitive Landscape</h2><p>To look at NIO objectively, you need to consider the competitive landscape it operates in. NIO operates in China, where there is already <a href=\"https://laohu8.com/S/AONE.U\">one</a> big player–<b>BYD</b> (OTCPK:BYDDY)--and several smaller ones. <b>Tesla</b> (TSLA) is in the Chinese market as well. When compared to some of the bigger names in town, NIO is a bit player in the industry. BYD shipped 593,000 cars last year–about six times NIO’s amount. Further, BYD makes public transportation vehicles, so it can lock in recurring government revenue. NIO, as a maker of sedans, lacks that advantage.</p><p>Tesla is another big player in China. In an average non-lockdown month, Tesla makes over 20,000 cars a month in China. They’re not all sold locally but the vast majority are. According to Inside EVs, Tesla sold 104,000 EVs in China in the first quarter of 2022. That’s more than NIO is doing currently. Of course, NIO has a very fast growth rate, so it will gain market share over time. But it’s currently behind two other companies in China.</p><p>Next up, we have NIO’s smaller competitors. NIO has a number of smaller competitors in China, including:</p><ul><li><p><b>XPeng</b> (XPEV).</p></li><li><p><b>Li Auto</b> (LI).</p></li></ul><p>Among smaller Chinese EV companies, NIO is in second place. It had 91,000 deliveries in 2021, compared to 98,000 for XPEV and 90,000 for Li Auto. NIO is pretty well-positioned among the smaller players but is still far behind the leaders in China’s EV market.</p><p>As for the EV industry as a whole:</p><p>It has high growth but is very competitive. It grew quickly in the past and is expected to grow at 19% CAGR in the future. That looks like a positive, but you need to keep in mind the competition in the space. Everybody wants to get in on the EV trend, and that’s leading to a lot of companies entering the market. You can’t just count on any randomly chosen EV company to match the industry’s growth.</p><h2>Product</h2><p>To gauge whether NIO can gain market share in the EV industry, we need to look at its products. Plenty of companies are making EVs, not all of them are succeeding. Does NIO have any advantages that could make it a winner?</p><p>There appears to be at least one:</p><p><i>Range.</i></p><p>According to NIO’s promotional materials, its ET7 has a range of 1,000 kilometers (620 miles). That’s longer than the range of any vehicle offered by Tesla, although some reviewers say that NIO uses the CLTC test cycle, while Tesla uses the NEDC test cycle. So, it’s not exactly an apples-to-apples comparison.</p><p>Still, reviewers seem to be receiving the ET7 well. It scored 4 stars out of 5 in an Autocar review, other reviewers are rating it pretty well too. The Autocar review touted these features:</p><ul><li><p>Improved styling.</p></li><li><p>Dolby Atmos Sound System.</p></li><li><p>4.3-second acceleration to 62 miles per hour.</p></li><li><p>Built-in AR and VR features.</p></li></ul><p>The above review is pretty representative of what ET7 reviewers are saying; they generally give it high but not perfect marks. So, NIO seems to have a solid product on its hand.</p><h2>Financials</h2><p>Having looked at NIO’s competitive position and product quality, we can now turn to its financials. This is one area where the company stands out. NIO already has positive cash from operations and has intermittently positive free cash flow (“FCF”). Its earnings are negative, but the losses are growing smaller as a percentage of revenue.</p><p>In the most recent 12-month period, NIO delivered:</p><ul><li><p>$6 billion in revenue.</p></li><li><p>$1 billion in gross profit.</p></li><li><p>$-1 billion in operating income.</p></li><li><p>$-1.186 billion in net income.</p></li><li><p>$309 million in cash from operations.</p></li></ul><p>In the last 12 months, revenue, CFO, and gross profit increased, although the operating loss worsened from $-707 million.</p><p>Generally speaking, NIO’s losses are shrinking as a percentage of revenue. From 2018 to 2021, NIO’s revenue grew from $719 million to $6 billion, while the EBIT loss shrank from $-1.395 billion to $-1 billion. So, the loss as a percentage of revenue shrank by more than the raw percentage change in the loss itself.</p><p>That’s a good sign. Shrinking losses speak to the potential for future profit. Also, NIO’s balance sheet is very healthy. It has $1.75 billion in long-term debt, $5.9 billion in equity, $10 billion in current assets, and $5 billion in current liabilities. From this, we get a current ratio of 2 and a debt/equity ratio of 0.29, suggesting high liquidity and solvency.</p><h2>Valuation</h2><p>Armed with NIO’s financials, we can move on to valuation. This is perhaps the biggest challenge to my bullish thesis on the stock. NIO is definitely not cheap. For the trailing 12-month period, it sported the following multiples:</p><ul><li><p>Price/sales: 6.</p></li><li><p>Price/book: 7.</p></li><li><p>EV/sales: 5.72.</p></li><li><p>Price/operating cash flow: 120.</p></li></ul><p>These multiples are all fairly high. They’re lower than Tesla’s but definitely more typical of an EV company than your average beaten-down Chinese tech name. Many investors are excited about the “Chinese opportunity,” that is, the opportunity to buy high-quality, profitable tech companies at fire-sale prices. The opportunity is real, but NIO isn’t really part of this specific trade. In terms of valuation, it’s more typical of its sector than its country, and that’s something investors should take into account in today’s value-oriented market.</p><h2>Risks and Challenges</h2><p>So far, we’ve seen that NIO is a cash flow-positive company with strong growth and a decent (though not amazing) position in its industry. Given its small market cap, it could rally significantly in a best-case scenario. However, there are significant risks and challenges for investors to watch out for, including:</p><ul><li><p><b>COVID outbreaks.</b> The recent COVID outbreak in Shanghai and Beijing resulted in NIO’s revenue growth decelerating to 25%. Prior to this, it had been growing revenue at 122% year-over-year. If more COVID outbreaks occur in China, they will likely inspire the government to bring in more lockdowns. If lockdowns occur in areas where NIO manufactures vehicles, then they could take a bite out of the company’s growth.</p></li><li><p><b>Competition.</b> Competition in the EV space is fierce. In addition to Tesla and the Chinese competitors mentioned earlier, there’s also <b>Volkswagen</b> (OTCPK:VWAGY), small EV startups, and legacy automakers entering the space. The more competitors enter an industry, the lower the margins tend to be. Traditional gas-powered vehicles aren’t exactly a growth industry right now, and we might someday see EVs arrive at the same place, particularly if competition ramps up.</p></li><li><p><b>Dilution.</b> NIO’s stock equity has been diluted in the past. The share count has gone up every single year, with an especially sharp increase occurring in 2019, when the count nearly tripled. In recent years, NIO’s dilution has been much slower. However, it’s still going on, and it creates an expense that offsets the company’s otherwise impressive operating cash flows.</p></li></ul><h2>Bottom Line</h2><p>When you put it all together, NIO looks like a worthy addition to a growth-oriented portfolio--albeit at a small weighting. It is suitable for investors with certain needs–say, those wanting a small “high risk/high return” position in a core and satellite portfolio. The best-case scenario with this company is extremely good, so a little exposure might be a good thing. But this isn’t the kind of stock you want to overweight, or “go all in” on. It is genuinely risky, and it is relatively expensive by the standards of Chinese equities these days. So, a portfolio weighting of less than 1% would be appropriate.</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>NIO - Proceed With Caution</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO - Proceed With Caution\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-27 10:08 GMT+8 <a href=https://seekingalpha.com/article/4520348-nio-stock-proceed-with-caution><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NIO (NYSE:NIO) stock has been rallying lately. Up 67% over the last month, it has outperformed both the U.S. and Chinese stock markets.Since the last time I covered NIO, much has changed. In my ...</p>\n\n<a href=\"https://seekingalpha.com/article/4520348-nio-stock-proceed-with-caution\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","09866":"蔚来-SW","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4520348-nio-stock-proceed-with-caution","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2246573111","content_text":"NIO (NYSE:NIO) stock has been rallying lately. Up 67% over the last month, it has outperformed both the U.S. and Chinese stock markets.Since the last time I covered NIO, much has changed. In my previous article, I rated NIO a hold, mainly due to its steep valuation and competition in its market. However, the picture has improved. The company has earned glowing media coverage. China’s lockdowns have ended. Shanghai has reached zero COVID cases. More importantly, NIO stock has been buoyed by a favourable policy shift in China.The stock’s most recent dip was caused by a massive lockdown in China that shuttered some of its factories. This month, the lockdown was eased, which led to NIO completely reversing its prior trend overnight. Investors think that the company’s earnings will be better in the future than they were in the past. Even in the first quarter–when the lockdowns were in full swing–NIO managed 25% revenue growth. With lockdowns no longer affecting its production, it looks like NIO could thrive in the quarters ahead.Indeed, I believe that NIO’s earnings for the upcoming quarters are likely to be good. I believe it strongly enough that I actually bought a small number of NIO shares on the recent dip. The company is a small cap with solid growth and well-reviewed products, so it has promise.It’s for this reason that I’ve switched my NIO rating to buy. It is promising enough for growth investors that it merits a small weighting in a diversified portfolio. However, there are some caveats to keep in mind. First off, my position in it is miniscule. Second, much of the bull thesis on Chinese equities does not apply to this specific company. People who like Chinese stocks like them because of their high margins, pristine balance sheets, and cheapness. Few of these factors apply to NIO. It isn’t profitable, so the “high margins” thing is out, and 120 price/operating cash flow ratio doesn’t speak to a bargain.Instead, the NIO thesis mostly revolves around growth potential. Its trailing 12-month revenue growth rate is 66%, and that’s with lockdown-fueled deceleration in the picture. Basically, this is a growth opportunity, not a value play–so it’s different from other Chinese stocks like Alibaba (BABA), which are truly dirt-cheap. In a best-case scenario, NIO stock could rise dramatically. But there are many risks and challenges to be aware of. For this reason, I rate the stock a buy, but not a strong buy. In this article, I'll explain my thesis on the stock, specifically why it merits a small weighting in a growth-oriented portfolio.Competitive LandscapeTo look at NIO objectively, you need to consider the competitive landscape it operates in. NIO operates in China, where there is already one big player–BYD (OTCPK:BYDDY)--and several smaller ones. Tesla (TSLA) is in the Chinese market as well. When compared to some of the bigger names in town, NIO is a bit player in the industry. BYD shipped 593,000 cars last year–about six times NIO’s amount. Further, BYD makes public transportation vehicles, so it can lock in recurring government revenue. NIO, as a maker of sedans, lacks that advantage.Tesla is another big player in China. In an average non-lockdown month, Tesla makes over 20,000 cars a month in China. They’re not all sold locally but the vast majority are. According to Inside EVs, Tesla sold 104,000 EVs in China in the first quarter of 2022. That’s more than NIO is doing currently. Of course, NIO has a very fast growth rate, so it will gain market share over time. But it’s currently behind two other companies in China.Next up, we have NIO’s smaller competitors. NIO has a number of smaller competitors in China, including:XPeng (XPEV).Li Auto (LI).Among smaller Chinese EV companies, NIO is in second place. It had 91,000 deliveries in 2021, compared to 98,000 for XPEV and 90,000 for Li Auto. NIO is pretty well-positioned among the smaller players but is still far behind the leaders in China’s EV market.As for the EV industry as a whole:It has high growth but is very competitive. It grew quickly in the past and is expected to grow at 19% CAGR in the future. That looks like a positive, but you need to keep in mind the competition in the space. Everybody wants to get in on the EV trend, and that’s leading to a lot of companies entering the market. You can’t just count on any randomly chosen EV company to match the industry’s growth.ProductTo gauge whether NIO can gain market share in the EV industry, we need to look at its products. Plenty of companies are making EVs, not all of them are succeeding. Does NIO have any advantages that could make it a winner?There appears to be at least one:Range.According to NIO’s promotional materials, its ET7 has a range of 1,000 kilometers (620 miles). That’s longer than the range of any vehicle offered by Tesla, although some reviewers say that NIO uses the CLTC test cycle, while Tesla uses the NEDC test cycle. So, it’s not exactly an apples-to-apples comparison.Still, reviewers seem to be receiving the ET7 well. It scored 4 stars out of 5 in an Autocar review, other reviewers are rating it pretty well too. The Autocar review touted these features:Improved styling.Dolby Atmos Sound System.4.3-second acceleration to 62 miles per hour.Built-in AR and VR features.The above review is pretty representative of what ET7 reviewers are saying; they generally give it high but not perfect marks. So, NIO seems to have a solid product on its hand.FinancialsHaving looked at NIO’s competitive position and product quality, we can now turn to its financials. This is one area where the company stands out. NIO already has positive cash from operations and has intermittently positive free cash flow (“FCF”). Its earnings are negative, but the losses are growing smaller as a percentage of revenue.In the most recent 12-month period, NIO delivered:$6 billion in revenue.$1 billion in gross profit.$-1 billion in operating income.$-1.186 billion in net income.$309 million in cash from operations.In the last 12 months, revenue, CFO, and gross profit increased, although the operating loss worsened from $-707 million.Generally speaking, NIO’s losses are shrinking as a percentage of revenue. From 2018 to 2021, NIO’s revenue grew from $719 million to $6 billion, while the EBIT loss shrank from $-1.395 billion to $-1 billion. So, the loss as a percentage of revenue shrank by more than the raw percentage change in the loss itself.That’s a good sign. Shrinking losses speak to the potential for future profit. Also, NIO’s balance sheet is very healthy. It has $1.75 billion in long-term debt, $5.9 billion in equity, $10 billion in current assets, and $5 billion in current liabilities. From this, we get a current ratio of 2 and a debt/equity ratio of 0.29, suggesting high liquidity and solvency.ValuationArmed with NIO’s financials, we can move on to valuation. This is perhaps the biggest challenge to my bullish thesis on the stock. NIO is definitely not cheap. For the trailing 12-month period, it sported the following multiples:Price/sales: 6.Price/book: 7.EV/sales: 5.72.Price/operating cash flow: 120.These multiples are all fairly high. They’re lower than Tesla’s but definitely more typical of an EV company than your average beaten-down Chinese tech name. Many investors are excited about the “Chinese opportunity,” that is, the opportunity to buy high-quality, profitable tech companies at fire-sale prices. The opportunity is real, but NIO isn’t really part of this specific trade. In terms of valuation, it’s more typical of its sector than its country, and that’s something investors should take into account in today’s value-oriented market.Risks and ChallengesSo far, we’ve seen that NIO is a cash flow-positive company with strong growth and a decent (though not amazing) position in its industry. Given its small market cap, it could rally significantly in a best-case scenario. However, there are significant risks and challenges for investors to watch out for, including:COVID outbreaks. The recent COVID outbreak in Shanghai and Beijing resulted in NIO’s revenue growth decelerating to 25%. Prior to this, it had been growing revenue at 122% year-over-year. If more COVID outbreaks occur in China, they will likely inspire the government to bring in more lockdowns. If lockdowns occur in areas where NIO manufactures vehicles, then they could take a bite out of the company’s growth.Competition. Competition in the EV space is fierce. In addition to Tesla and the Chinese competitors mentioned earlier, there’s also Volkswagen (OTCPK:VWAGY), small EV startups, and legacy automakers entering the space. The more competitors enter an industry, the lower the margins tend to be. Traditional gas-powered vehicles aren’t exactly a growth industry right now, and we might someday see EVs arrive at the same place, particularly if competition ramps up.Dilution. NIO’s stock equity has been diluted in the past. The share count has gone up every single year, with an especially sharp increase occurring in 2019, when the count nearly tripled. In recent years, NIO’s dilution has been much slower. However, it’s still going on, and it creates an expense that offsets the company’s otherwise impressive operating cash flows.Bottom LineWhen you put it all together, NIO looks like a worthy addition to a growth-oriented portfolio--albeit at a small weighting. It is suitable for investors with certain needs–say, those wanting a small “high risk/high return” position in a core and satellite portfolio. The best-case scenario with this company is extremely good, so a little exposure might be a good thing. But this isn’t the kind of stock you want to overweight, or “go all in” on. It is genuinely risky, and it is relatively expensive by the standards of Chinese equities these days. So, a portfolio weighting of less than 1% would be appropriate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9040420299,"gmtCreate":1655693791611,"gmtModify":1676535687156,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9040420299","repostId":"2244458597","repostType":4,"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9924466228,"gmtCreate":1672312500865,"gmtModify":1676538670453,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9924466228","isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079826594,"gmtCreate":1657175399318,"gmtModify":1676535964382,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079826594","repostId":"2249482475","repostType":4,"repost":{"id":"2249482475","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1657148491,"share":"https://ttm.financial/m/news/2249482475?lang=&edition=fundamental","pubTime":"2022-07-07 07:01","market":"us","language":"en","title":"US STOCKS-Wall Street Ends up as Investors Absorb Fed Minutes","url":"https://stock-news.laohu8.com/highlight/detail?id=2249482475","media":"Reuters","summary":"* Markets endured topsy-turvy trading prior to release* Investors watching c.bank's stance on rate h","content":"<html><head></head><body><p>* Markets endured topsy-turvy trading prior to release</p><p>* Investors watching c.bank's stance on rate hikes, inflation</p><p>* Uber, DoorDash fall as Just Eat agrees Amazon partnership</p><p>* Indexes up: Dow 0.23%, S&P 0.36%, Nasdaq 0.35%</p><p>Wall Street put a seesaw day behind it to close higher on Wednesday, as investors digested new clues on the U.S. central bank's approach to rate policy and its inflation fight detailed in the minutes from the latest Federal Reserve meeting.</p><p>After a brutal selloff in global equity markets in the first half of the year, nervous investors are keeping a close watch on central bank actions as they try to assess the impact of aggressive rate hikes on global growth.</p><p>They got their latest data point on Wednesday afternoon, when the minutes of the June 14-15 policy meeting detailed how the U.S. central bank was prompted to make an outsized interest rate increase. The minutes were a firm restatement of the Fed's intent to get prices under control to address stubborn inflation and concern about lost faith in the central bank's power.</p><p>The 0.75 percentage-point rate increase which came out of the meeting was the first of that size since 1994. According to the minutes, participants judged that an increase of 50 or 75 basis points would likely be appropriate at the policy meeting later this month.</p><p>Prior to the minutes' publication, investors had been pricing in another 75-basis-point rate increase at the upcoming July 26-27 gathering, meaning the fact that both 50 basis points and 75 basis points remained on the table pointed toward the Fed acknowledging the impact of its rate rises on the economy.</p><p>The minutes reflected participants' concern about rate increases having the potential for a "larger-than-anticipated" impact on economic growth.</p><p>"I think people are heavily focused on the terminal rate of what the Federal Reserve's increases are, and the 50-75 debate just points towards where you end up," said Jason Pride, chief investment officer of private wealth at Glenmede.</p><p>He noted that a 50 basis-point hike would point toward a terminal rate of 3%, while 75 basis points indicated a peak of 3.25% or 3.5%. At 3.5% or above, the likelihood of recession is about 50%.</p><p>Prior to the publication of the minutes, all three Wall Street benchmarks had endured a seesaw session, and while there were further swings between positive and negative territory in the moments after the 2 p.m. EDT release, markets built solid gains for the rest of the day.</p><p>The Dow Jones Industrial Average rose 69.86 points, or 0.23%, to 31,037.68, the S&P 500 gained 13.69 points, or 0.36%, to 3,845.08 and the Nasdaq Composite added 39.61 points, or 0.35%, to 11,361.85.</p><p>Eight of the 11 S&P subsectors closed higher, with utilities and technology leading the way. The biggest outlier was the energy index , which slipped 1.7% as crude prices fell to a 12-week low on recession fears.</p><p>Elsewhere, Uber Technologies Inc and DoorDash Inc fell 4.5% and 7.4%, respectively, after Amazon.com Inc agreed to take a 2% stake in Just Eat Takeaway.com's struggling U.S. food delivery business, Grubhub.</p><p>Rivian Automotive Inc gained 10.4% after the electric-vehicle maker's deliveries nearly quadrupled as it ramped up production.</p><p>Volume on U.S. exchanges was 11.31 billion shares, compared with the 13.08 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted 2 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 20 new highs and 109 new lows.</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>US STOCKS-Wall Street Ends up as Investors Absorb Fed Minutes</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\">\nUS STOCKS-Wall Street Ends up as Investors Absorb Fed Minutes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-07 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Markets endured topsy-turvy trading prior to release</p><p>* Investors watching c.bank's stance on rate hikes, inflation</p><p>* Uber, DoorDash fall as Just Eat agrees Amazon partnership</p><p>* Indexes up: Dow 0.23%, S&P 0.36%, Nasdaq 0.35%</p><p>Wall Street put a seesaw day behind it to close higher on Wednesday, as investors digested new clues on the U.S. central bank's approach to rate policy and its inflation fight detailed in the minutes from the latest Federal Reserve meeting.</p><p>After a brutal selloff in global equity markets in the first half of the year, nervous investors are keeping a close watch on central bank actions as they try to assess the impact of aggressive rate hikes on global growth.</p><p>They got their latest data point on Wednesday afternoon, when the minutes of the June 14-15 policy meeting detailed how the U.S. central bank was prompted to make an outsized interest rate increase. The minutes were a firm restatement of the Fed's intent to get prices under control to address stubborn inflation and concern about lost faith in the central bank's power.</p><p>The 0.75 percentage-point rate increase which came out of the meeting was the first of that size since 1994. According to the minutes, participants judged that an increase of 50 or 75 basis points would likely be appropriate at the policy meeting later this month.</p><p>Prior to the minutes' publication, investors had been pricing in another 75-basis-point rate increase at the upcoming July 26-27 gathering, meaning the fact that both 50 basis points and 75 basis points remained on the table pointed toward the Fed acknowledging the impact of its rate rises on the economy.</p><p>The minutes reflected participants' concern about rate increases having the potential for a "larger-than-anticipated" impact on economic growth.</p><p>"I think people are heavily focused on the terminal rate of what the Federal Reserve's increases are, and the 50-75 debate just points towards where you end up," said Jason Pride, chief investment officer of private wealth at Glenmede.</p><p>He noted that a 50 basis-point hike would point toward a terminal rate of 3%, while 75 basis points indicated a peak of 3.25% or 3.5%. At 3.5% or above, the likelihood of recession is about 50%.</p><p>Prior to the publication of the minutes, all three Wall Street benchmarks had endured a seesaw session, and while there were further swings between positive and negative territory in the moments after the 2 p.m. EDT release, markets built solid gains for the rest of the day.</p><p>The Dow Jones Industrial Average rose 69.86 points, or 0.23%, to 31,037.68, the S&P 500 gained 13.69 points, or 0.36%, to 3,845.08 and the Nasdaq Composite added 39.61 points, or 0.35%, to 11,361.85.</p><p>Eight of the 11 S&P subsectors closed higher, with utilities and technology leading the way. The biggest outlier was the energy index , which slipped 1.7% as crude prices fell to a 12-week low on recession fears.</p><p>Elsewhere, Uber Technologies Inc and DoorDash Inc fell 4.5% and 7.4%, respectively, after Amazon.com Inc agreed to take a 2% stake in Just Eat Takeaway.com's struggling U.S. food delivery business, Grubhub.</p><p>Rivian Automotive Inc gained 10.4% after the electric-vehicle maker's deliveries nearly quadrupled as it ramped up production.</p><p>Volume on U.S. exchanges was 11.31 billion shares, compared with the 13.08 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted 2 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 20 new highs and 109 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4527":"明星科技股","BK4538":"云计算","CGEM":"Cullinan Therapeutics","BK4559":"巴菲特持仓","BK4579":"人工智能","SQQQ":"纳指三倍做空ETF","BK4550":"红杉资本持仓","LABP":"Landos Biopharma, Inc.",".DJI":"道琼斯","BK4503":"景林资产持仓","SDOW":"道指三倍做空ETF-ProShares",".IXIC":"NASDAQ Composite","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓","BK4022":"陆运","QQQ":"纳指100ETF","PSQ":"纳指反向ETF","BK4561":"索罗斯持仓",".SPX":"S&P 500 Index","BK4505":"高瓴资本持仓","LHDX":"Lucira Health, Inc.","DXD":"道指两倍做空ETF","BK4581":"高盛持仓","QID":"纳指两倍做空ETF","APR":"Apria, Inc.","BK4548":"巴美列捷福持仓","TQQQ":"纳指三倍做多ETF","AMZN":"亚马逊","DJX":"1/100道琼斯","DDM":"道指两倍做多ETF","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","DOG":"道指反向ETF","QLD":"纳指两倍做多ETF","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4139":"生物科技","UBER":"优步","BK4535":"淡马锡持仓","UDOW":"道指三倍做多ETF-ProShares","SANA":"Sana Biotechnology, Inc.","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4082":"医疗保健设备","BK4566":"资本集团","BK4007":"制药","BK4196":"保健护理服务","BK4536":"外卖概念","BK4524":"宅经济概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249482475","content_text":"* Markets endured topsy-turvy trading prior to release* Investors watching c.bank's stance on rate hikes, inflation* Uber, DoorDash fall as Just Eat agrees Amazon partnership* Indexes up: Dow 0.23%, S&P 0.36%, Nasdaq 0.35%Wall Street put a seesaw day behind it to close higher on Wednesday, as investors digested new clues on the U.S. central bank's approach to rate policy and its inflation fight detailed in the minutes from the latest Federal Reserve meeting.After a brutal selloff in global equity markets in the first half of the year, nervous investors are keeping a close watch on central bank actions as they try to assess the impact of aggressive rate hikes on global growth.They got their latest data point on Wednesday afternoon, when the minutes of the June 14-15 policy meeting detailed how the U.S. central bank was prompted to make an outsized interest rate increase. The minutes were a firm restatement of the Fed's intent to get prices under control to address stubborn inflation and concern about lost faith in the central bank's power.The 0.75 percentage-point rate increase which came out of the meeting was the first of that size since 1994. According to the minutes, participants judged that an increase of 50 or 75 basis points would likely be appropriate at the policy meeting later this month.Prior to the minutes' publication, investors had been pricing in another 75-basis-point rate increase at the upcoming July 26-27 gathering, meaning the fact that both 50 basis points and 75 basis points remained on the table pointed toward the Fed acknowledging the impact of its rate rises on the economy.The minutes reflected participants' concern about rate increases having the potential for a \"larger-than-anticipated\" impact on economic growth.\"I think people are heavily focused on the terminal rate of what the Federal Reserve's increases are, and the 50-75 debate just points towards where you end up,\" said Jason Pride, chief investment officer of private wealth at Glenmede.He noted that a 50 basis-point hike would point toward a terminal rate of 3%, while 75 basis points indicated a peak of 3.25% or 3.5%. At 3.5% or above, the likelihood of recession is about 50%.Prior to the publication of the minutes, all three Wall Street benchmarks had endured a seesaw session, and while there were further swings between positive and negative territory in the moments after the 2 p.m. EDT release, markets built solid gains for the rest of the day.The Dow Jones Industrial Average rose 69.86 points, or 0.23%, to 31,037.68, the S&P 500 gained 13.69 points, or 0.36%, to 3,845.08 and the Nasdaq Composite added 39.61 points, or 0.35%, to 11,361.85.Eight of the 11 S&P subsectors closed higher, with utilities and technology leading the way. The biggest outlier was the energy index , which slipped 1.7% as crude prices fell to a 12-week low on recession fears.Elsewhere, Uber Technologies Inc and DoorDash Inc fell 4.5% and 7.4%, respectively, after Amazon.com Inc agreed to take a 2% stake in Just Eat Takeaway.com's struggling U.S. food delivery business, Grubhub.Rivian Automotive Inc gained 10.4% after the electric-vehicle maker's deliveries nearly quadrupled as it ramped up production.Volume on U.S. exchanges was 11.31 billion shares, compared with the 13.08 billion average for the full session over the last 20 trading days.The S&P 500 posted 2 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 20 new highs and 109 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9047220077,"gmtCreate":1656929601799,"gmtModify":1676535917326,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047220077","repostId":"1113088647","repostType":4,"repost":{"id":"1113088647","kind":"news","pubTimestamp":1656922276,"share":"https://ttm.financial/m/news/1113088647?lang=&edition=fundamental","pubTime":"2022-07-04 16:11","market":"us","language":"en","title":"Exxon: How Much Higher Can It Go?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113088647","media":"Seeking Alpha","summary":"SummaryAfter the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investmen","content":"<html><head></head><body><p>Summary</p><ul><li>After the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry dried up and left the world undersupplied with oil, causing prices to soar.</li><li>Since Exxon’s 2020 low of around $33 a share the company's stock price more than tripled before retreating back down to the $88 level.</li><li>In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B.</li><li>LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.</li><li>Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term.</li></ul><p><b>Introduction</b></p><p>2022 has been a great year for oil stocks like <a href=\"https://laohu8.com/S/XOM\">Exxon</a>. After the oil crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry<i>dried</i><i>up</i>and left the world undersupplied with oil, causing prices to soar.</p><p>As one of the largest producers of oil, Exxon has been one of the largest beneficiaries too:</p><p><img src=\"https://static.tigerbbs.com/a3167b2e19862d87f9a1d7d5e27c770c\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/></p><p>Since Exxon’s 2020 low of around $33 a share the company's stock price has nearly tripled, that's after its recent retreat down from the $105 level, settling back down to $88.</p><p>But, as investors, we’re faced with a conundrum: Exxon, and oil companies like it, are reaping record profits, profits that look set to continue due to record low investments, but could a potential recession turn Exxon into a losing investment? And furthermore, is Exxon the best investment among the major oil producers?</p><p>Within this article I’ll provide:</p><ul><li>An update on Exxon’s business and prospects</li><li>A comparison of the financial performance of Exxon vs Peers</li><li>A valuation of Exxon’s shares under different market environments</li></ul><p>Exxon Business Update</p><p>Exxon has been a major beneficiary of the recovery in global oil prices. After decades of underinvestment, and Russia-induced geopolitical uncertainty, oil stocks are shining once again. Finally, oil is back in vogue. (XLE) (USO)</p><p><img src=\"https://static.tigerbbs.com/65b52596c745ee5312c25c9c49a36801\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B and excluding its Russia exit, earnings would have been up $6B from the prior year to $8.8B.</p><p>Adjusted for Russia, Exxon’s earnings went from $2.8B to $8.8B, which is nothing short of miraculous and speaks to the correlation between Exxon’s performance and the global commodities market.</p><p>In addition to the strong financial performance, Exxon likely made a few shareholders happy when they announced a $30B buyback through 2023 (roughly 8% of its current market cap). Add on to its 4% dividend yield, and Exxon looks set to return roughly 12% of its market cap to shareholders this year.</p><p>Outside of oil, Exxon is also active in a number of LNG projects around the world. LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.</p><p><img src=\"https://static.tigerbbs.com/139ec6ba8d98858c3a9bb29c136aaa51\" tg-width=\"1280\" tg-height=\"2229\" referrerpolicy=\"no-referrer\"/>Countries like Germany are building new LNG terminals and looking to lock down additional alternative supplies. An LNG project can take years to plan and execute, meaning LNG, like oil, is likely to stay in short supply and expensive for some time, luckily Exxon is continuing to make progress on its LNG ambitions.</p><p>ExxonMobil continued to progress its global LNG growth strategy to meet growing worldwide demand for reliable gas supply. Commissioning of the Area 4 Coral South Floating LNG project in Mozambique is underway, with first production expected this year, and the company signed the P’nyang Gas Agreement in Papua New Guinea. Additionally, construction of the Golden Pass liquefaction facilities on the U.S. Gulf Coast remains on schedule.</p><p>Financial Analysis:</p><p>Moving forward to the financial analysis, let's compare how Exxon has grown versus peers: <a href=\"https://laohu8.com/S/CVX\">Chevron</a>, <a href=\"https://laohu8.com/S/EQNR\">Equinor </a>, <a href=\"https://laohu8.com/S/TTE\">TotalEnergies </a>, and <a href=\"https://laohu8.com/S/SHEL\">Shell </a>.</p><p><img src=\"https://static.tigerbbs.com/5d57cc547f6e091e3341ba42807ffb13\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/57169c6ffa2e3512afc0d0c9e6d57c36\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/>The oil industry has its good times, and it has its bad times. Nowhere is that more apparent than in the volatility of both revenue and earnings for these companies. Some of these companies have sizable non-petroleum operations (Total and Equinor), but they are still by in large reliant on global oil market pricing. Because of that connection, there are massive fluctuations in earnings and revenue from year to year.</p><p>This variability is undesirable as it makes forecasting future cash flows that much more difficult, because of this, I would expect an oil producer’s valuation to be lower than other stocks with more predictable cash flows.</p><p><b>Operating Cash Flow</b></p><p><img src=\"https://static.tigerbbs.com/1e2ea4e8162108664c6a0a58117bcef1\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/>When evaluating companies, I also like to look at their operating cash flow. I find this useful because it shows us how much cash flow their operating business generated. Like the revenue and EPS charts, there is significant volatility in their operating cash flows.</p><p>Interestingly, the two US-listed companies on this chart, Exxon and Chevron, both ended the decade with less operating cash flow than when they started it, despite crude oil prices being higher now than they once were.</p><p>Equinor’s performance is particularly noteworthy, I’d wager that this is due to their site’s proximity to Europe which trying to wean off Russian oil and gas products.</p><p><b>US Crude 10-Year Chart:</b></p><p><img src=\"https://static.tigerbbs.com/6bd3b44efe2932463aea3a74fafa8b5e\" tg-width=\"1280\" tg-height=\"842\" referrerpolicy=\"no-referrer\"/><b>Return on Invested Capital</b></p><p><img src=\"https://static.tigerbbs.com/349b565b4ea043cd8f2519256983bdd2\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/>Return on Invested Capital for these companies has varied wildly over their existences.</p><p>In times like the 2000s with oil prices, investments into oil exploration and refineries yielded huge returns on capital (upwards of 40%!). But when oil prices are low, as they were the last two years, investments fail to break through single-digit returns.</p><p><b>Exxon’s Correlation to US Oil Fund</b><img src=\"https://static.tigerbbs.com/3ce5dec941bfb602f15bbb2db2c8f0aa\" tg-width=\"635\" tg-height=\"464\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Given the strong correlation of Exxon’s earnings to oil prices, it's no surprise the stock’s price is too. As you can see, over the last 5 years Exxon has exhibited an exceptionally strong correlation to the price of crude (estimated vis-a-vis (USO) ), especially during volatile periods like Spring through Summer of 2020.</p><p>This could be viewed as either a pro or a con, if you’d like exposure to crude oil it's clearly a strength. But for myself, someone who prefers to invest in companies that are not as reliant on macro factors to succeed, I see this as a negative.</p><p><b>Valuation</b></p><p>There are many ways to value a company, but two of my favorites are the discounted cash flow analysis and comparing forward PEs vs peers. The reason I typically employ these two different models is that they help me accomplish a few different goals. First, using the forward PE analysis I can remove any biases I may hold (if I can identify the right peers). And secondly, in the discounted cash flow analysis I can adjust all the inputs to my expectations and account for growth much further into the future. Let's start with the Forward PE analysis.</p><p><b>Forward PE Analysis</b></p><p><img src=\"https://static.tigerbbs.com/715933f1b8e9696b4058e77780adb4e4\" tg-width=\"942\" tg-height=\"428\" width=\"100%\" height=\"auto\"/>Source: Yahoo Finance, Analyst Expectations, and Authors Calculations</p><p>Looking at the chart above, we can see that Exxon is one of the most highly valued oil majors with a forward PE ratio of 9.7x. Based on the average analyst expectation, Chevron is the only oil major priced more richly at 9.9x.</p><p>Exxon’s European peers Total, Equinor, and Shell are all priced significantly lower than either Exxon or Chevron. In my view, this is likely due to the heightened regulatory environment abroad.</p><p>That said, at 9.7x. Exxon’s shares are not overvalued when compared to the market as a whole, especially tech stocks. In a prior article, I calculated that Microsoft’s (MSFT) forward PE is roughly 23x, so 9.7x could still be considered quite a bargain. But many will agree that Microsoft is likely to grow faster, and for longer than Exxon or an oil company. In other words, it’s a bit of a toss-up.</p><p><img src=\"https://static.tigerbbs.com/670a5585f01403bad22b400e780d2d29\" tg-width=\"1266\" tg-height=\"462\" width=\"100%\" height=\"auto\"/>Speaking on a relative basis, based on my analysis, Exxon’s shares appear to be overvalued versus its peers. The average forward PE in this group worked out to be 7.2x earnings implying Exxon could trade down to $65 a share.</p><p>TotalEnergies looks to be the best value, if its shares are traded like Chevron, Total could see its shares double to $106.</p><p><b>Discounted Cash Flow Analysis</b></p><p>As I alluded, let's see how Exxon’s valuation changes once you consider various future growth scenarios and discount rates. For my base case, I’m assuming no changes to the share count, a 10% discount rate, 1% revenue growth after 2023 through 2028 (analyst expectations for '22 and '23), and -2% thereafter.</p><p><img src=\"https://static.tigerbbs.com/c6941c16d915c7665847c4106d0f0837\" tg-width=\"953\" tg-height=\"498\" width=\"100%\" height=\"auto\"/>Source: Yahoo Finance, Analyst Expectations, and Authors Calculations</p><p>Using the inputs from my base case, I come to a fair value per share of $70, a bit more than 10% below the current share price.</p><p>Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term. But the oil market has been especially volatile since 2020 started which makes it especially difficult to predict where oil prices will go in the future.</p><p>Because of that, I included a few other growth scenarios using different discount rates.</p><p><b>Sensitivity Analysis</b></p><p><img src=\"https://static.tigerbbs.com/ef8472eb1cf81c678499f7774413a1a1\" tg-width=\"947\" tg-height=\"371\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/86c3e6d555ccd371c14b0781be64a5d9\" tg-width=\"944\" tg-height=\"279\" width=\"100%\" height=\"auto\"/>In my sensitivity analysis, three of nine scenarios work out to be money makers, largely depending on if the price of oil can be sustained/increase over time.</p><p>With Exxon, I think it's prudent to form an honest evaluation of your own knowledge and ask yourself to what degree you understand the oil industry and where prices will go from here. Frankly, I’m not a macro-economic expert, because of that and my doubts in predicting future oil price trends, I require a higher discount rate to compensate me for the additional risk.</p><p><b>Risks</b></p><p>Speaking of risks, before I present my final price target and verdict on the company, let's first consider some of the risks facing Exxon, and the oil industry writ large.</p><p><b>ESG:</b>Stock prices are fickle. In the short term, prices can be affected by a myriad of factors, especially sentiment. As Benjamin Graham said:</p><blockquote>In the short run, the market is a voting machine but in the long run it is a weighing machine.</blockquote><p><i>But what happens when sentiment is permanently destroyed?</i></p><p>I wonder if that is perhaps what has gone on with oil stocks. Since the rise of ESG investing companies have been encouraged to embrace “stake-holder” capitalism whereby the companies should place equal weight on all stakeholders, including the environment. While I don’t personally buy into this philosophy, it seems clear to me that many investors do.</p><p>As a result, ESG has cast a shadow over oil companies, often blaming them for much of what is wrong in the world. It's actually led to some funds divesting from oil companies entirely.</p><p>If, over the long run, these ESG concerns are no longer relevant, then perhaps we could see a further appreciation in share price. Personally, I don’t expect ESG to go away anytime soon. And, based on that, I don't see the earnings multiples ever coming back to where they once were.</p><p><b>Regulation:</b>Another headwind facing oil companies is regulation, now more than ever. Some countries in Europe have implemented so-called “windfall” taxes on oil companies to tax them at an increased rate now that prices are high again. To say nothing of the environmental regulations, it should be common sense that regulations desensitize further investments to increase supply.</p><p>So perhaps regulation could be a tailwind as it will cause higher oil prices… But even in that case, I think it's probable the primary beneficiaries of that would be non-democratic countries that can more easily ignore societal demands.</p><p><b>Recession:</b>I’ll keep these last couple of risks succinct. Recessions lead to demand destruction. As demand is destroyed less oil is consumed across the entire global economy. Less travel being done, fewer goods being produced and transported, etc.</p><p>This is especially worrisome given the Fed's mandate of price stability and the ongoing QT which may cause a recession.</p><p><b>Electric Vehicles:</b>The rise of electronic vehicles could threaten the long-term oil demand. First are cars, next will be semi-trucks, and then later we could see planes and boats shift towards electric. As renewable energy comes down in price, EVs will grow in demand. This will likely be a slow multi-decade shift, but it does appear we are at the beginning of a strong trend, at least in this author's mind.</p><p><b>Conclusion</b></p><p>Exxon is the right company, for the right time. In the words of Sam Elliott, in the Big Lebowski:</p><blockquote>Sometimes, there's a man, well, he's the man for his time and place. He fits right in there.</blockquote><p>And well, Exxon is the “man” for this time. Inflation fears run rampant, and supplies for both oil and LNG appear to be with us for the long haul. Exxon is the company that can provide both LNG and Petroleum when we need it most. So their shares have rightly soared.</p><p>As far as financial performance goes, well, it's checkered. They are performing well now. But how long will it last? Well, that’s anyone's guess.</p><p>Supply is likely to be low for some time but the odds of demand destruction vis-a-vis a recession seem higher than they were earlier in the year.</p><p>Valuing Exxon was a particular challenge because so much of its future cash flows will hinge on commodity prices. With that in mind, my price target and recommendation will be based on the average forward PE in its group.</p><p><i>I rate Exxon a “Sell” with a 1-year price target of $65 a share.</i></p><p>At $65 a share, Exxon would be in line with the average forward PE in its peer group, 7.2x.</p><p>So, to answer the question is Exxon the best of the oil majors? Based on what I’ve seen, no. No, it is not. Its growth rate is relatively in line with its peers, but it trades for a higher multiple, I would rather invest in (TTE) or (SHEL) at these levels.</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>Exxon: How Much Higher Can It Go?</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\">\nExxon: How Much Higher Can It Go?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-04 16:11 GMT+8 <a href=https://seekingalpha.com/article/4521571-exxon-stock-sell-how-much-higher-can-go><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAfter the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry dried up and left the world undersupplied with oil, causing prices to soar.Since ...</p>\n\n<a href=\"https://seekingalpha.com/article/4521571-exxon-stock-sell-how-much-higher-can-go\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://seekingalpha.com/article/4521571-exxon-stock-sell-how-much-higher-can-go","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113088647","content_text":"SummaryAfter the crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industry dried up and left the world undersupplied with oil, causing prices to soar.Since Exxon’s 2020 low of around $33 a share the company's stock price more than tripled before retreating back down to the $88 level.In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B.LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term.Introduction2022 has been a great year for oil stocks like Exxon. After the oil crash of 2020, ESG initiatives, and a growing distaste for oil companies, investments in the industrydriedupand left the world undersupplied with oil, causing prices to soar.As one of the largest producers of oil, Exxon has been one of the largest beneficiaries too:Since Exxon’s 2020 low of around $33 a share the company's stock price has nearly tripled, that's after its recent retreat down from the $105 level, settling back down to $88.But, as investors, we’re faced with a conundrum: Exxon, and oil companies like it, are reaping record profits, profits that look set to continue due to record low investments, but could a potential recession turn Exxon into a losing investment? And furthermore, is Exxon the best investment among the major oil producers?Within this article I’ll provide:An update on Exxon’s business and prospectsA comparison of the financial performance of Exxon vs PeersA valuation of Exxon’s shares under different market environmentsExxon Business UpdateExxon has been a major beneficiary of the recovery in global oil prices. After decades of underinvestment, and Russia-induced geopolitical uncertainty, oil stocks are shining once again. Finally, oil is back in vogue. (XLE) (USO)In the first quarter of 2022, Exxon reported some stellar numbers. Cash flow from operations soared to $14.8B and excluding its Russia exit, earnings would have been up $6B from the prior year to $8.8B.Adjusted for Russia, Exxon’s earnings went from $2.8B to $8.8B, which is nothing short of miraculous and speaks to the correlation between Exxon’s performance and the global commodities market.In addition to the strong financial performance, Exxon likely made a few shareholders happy when they announced a $30B buyback through 2023 (roughly 8% of its current market cap). Add on to its 4% dividend yield, and Exxon looks set to return roughly 12% of its market cap to shareholders this year.Outside of oil, Exxon is also active in a number of LNG projects around the world. LNG has become more important than ever as European countries are scrambling to replace Russian gas dependence.Countries like Germany are building new LNG terminals and looking to lock down additional alternative supplies. An LNG project can take years to plan and execute, meaning LNG, like oil, is likely to stay in short supply and expensive for some time, luckily Exxon is continuing to make progress on its LNG ambitions.ExxonMobil continued to progress its global LNG growth strategy to meet growing worldwide demand for reliable gas supply. Commissioning of the Area 4 Coral South Floating LNG project in Mozambique is underway, with first production expected this year, and the company signed the P’nyang Gas Agreement in Papua New Guinea. Additionally, construction of the Golden Pass liquefaction facilities on the U.S. Gulf Coast remains on schedule.Financial Analysis:Moving forward to the financial analysis, let's compare how Exxon has grown versus peers: Chevron, Equinor , TotalEnergies , and Shell .The oil industry has its good times, and it has its bad times. Nowhere is that more apparent than in the volatility of both revenue and earnings for these companies. Some of these companies have sizable non-petroleum operations (Total and Equinor), but they are still by in large reliant on global oil market pricing. Because of that connection, there are massive fluctuations in earnings and revenue from year to year.This variability is undesirable as it makes forecasting future cash flows that much more difficult, because of this, I would expect an oil producer’s valuation to be lower than other stocks with more predictable cash flows.Operating Cash FlowWhen evaluating companies, I also like to look at their operating cash flow. I find this useful because it shows us how much cash flow their operating business generated. Like the revenue and EPS charts, there is significant volatility in their operating cash flows.Interestingly, the two US-listed companies on this chart, Exxon and Chevron, both ended the decade with less operating cash flow than when they started it, despite crude oil prices being higher now than they once were.Equinor’s performance is particularly noteworthy, I’d wager that this is due to their site’s proximity to Europe which trying to wean off Russian oil and gas products.US Crude 10-Year Chart:Return on Invested CapitalReturn on Invested Capital for these companies has varied wildly over their existences.In times like the 2000s with oil prices, investments into oil exploration and refineries yielded huge returns on capital (upwards of 40%!). But when oil prices are low, as they were the last two years, investments fail to break through single-digit returns.Exxon’s Correlation to US Oil FundData by YChartsGiven the strong correlation of Exxon’s earnings to oil prices, it's no surprise the stock’s price is too. As you can see, over the last 5 years Exxon has exhibited an exceptionally strong correlation to the price of crude (estimated vis-a-vis (USO) ), especially during volatile periods like Spring through Summer of 2020.This could be viewed as either a pro or a con, if you’d like exposure to crude oil it's clearly a strength. But for myself, someone who prefers to invest in companies that are not as reliant on macro factors to succeed, I see this as a negative.ValuationThere are many ways to value a company, but two of my favorites are the discounted cash flow analysis and comparing forward PEs vs peers. The reason I typically employ these two different models is that they help me accomplish a few different goals. First, using the forward PE analysis I can remove any biases I may hold (if I can identify the right peers). And secondly, in the discounted cash flow analysis I can adjust all the inputs to my expectations and account for growth much further into the future. Let's start with the Forward PE analysis.Forward PE AnalysisSource: Yahoo Finance, Analyst Expectations, and Authors CalculationsLooking at the chart above, we can see that Exxon is one of the most highly valued oil majors with a forward PE ratio of 9.7x. Based on the average analyst expectation, Chevron is the only oil major priced more richly at 9.9x.Exxon’s European peers Total, Equinor, and Shell are all priced significantly lower than either Exxon or Chevron. In my view, this is likely due to the heightened regulatory environment abroad.That said, at 9.7x. Exxon’s shares are not overvalued when compared to the market as a whole, especially tech stocks. In a prior article, I calculated that Microsoft’s (MSFT) forward PE is roughly 23x, so 9.7x could still be considered quite a bargain. But many will agree that Microsoft is likely to grow faster, and for longer than Exxon or an oil company. In other words, it’s a bit of a toss-up.Speaking on a relative basis, based on my analysis, Exxon’s shares appear to be overvalued versus its peers. The average forward PE in this group worked out to be 7.2x earnings implying Exxon could trade down to $65 a share.TotalEnergies looks to be the best value, if its shares are traded like Chevron, Total could see its shares double to $106.Discounted Cash Flow AnalysisAs I alluded, let's see how Exxon’s valuation changes once you consider various future growth scenarios and discount rates. For my base case, I’m assuming no changes to the share count, a 10% discount rate, 1% revenue growth after 2023 through 2028 (analyst expectations for '22 and '23), and -2% thereafter.Source: Yahoo Finance, Analyst Expectations, and Authors CalculationsUsing the inputs from my base case, I come to a fair value per share of $70, a bit more than 10% below the current share price.Given the environment of elevated oil prices and low investment in exploration, I believe oil prices could potentially be sustained over the medium/long term. But the oil market has been especially volatile since 2020 started which makes it especially difficult to predict where oil prices will go in the future.Because of that, I included a few other growth scenarios using different discount rates.Sensitivity AnalysisIn my sensitivity analysis, three of nine scenarios work out to be money makers, largely depending on if the price of oil can be sustained/increase over time.With Exxon, I think it's prudent to form an honest evaluation of your own knowledge and ask yourself to what degree you understand the oil industry and where prices will go from here. Frankly, I’m not a macro-economic expert, because of that and my doubts in predicting future oil price trends, I require a higher discount rate to compensate me for the additional risk.RisksSpeaking of risks, before I present my final price target and verdict on the company, let's first consider some of the risks facing Exxon, and the oil industry writ large.ESG:Stock prices are fickle. In the short term, prices can be affected by a myriad of factors, especially sentiment. As Benjamin Graham said:In the short run, the market is a voting machine but in the long run it is a weighing machine.But what happens when sentiment is permanently destroyed?I wonder if that is perhaps what has gone on with oil stocks. Since the rise of ESG investing companies have been encouraged to embrace “stake-holder” capitalism whereby the companies should place equal weight on all stakeholders, including the environment. While I don’t personally buy into this philosophy, it seems clear to me that many investors do.As a result, ESG has cast a shadow over oil companies, often blaming them for much of what is wrong in the world. It's actually led to some funds divesting from oil companies entirely.If, over the long run, these ESG concerns are no longer relevant, then perhaps we could see a further appreciation in share price. Personally, I don’t expect ESG to go away anytime soon. And, based on that, I don't see the earnings multiples ever coming back to where they once were.Regulation:Another headwind facing oil companies is regulation, now more than ever. Some countries in Europe have implemented so-called “windfall” taxes on oil companies to tax them at an increased rate now that prices are high again. To say nothing of the environmental regulations, it should be common sense that regulations desensitize further investments to increase supply.So perhaps regulation could be a tailwind as it will cause higher oil prices… But even in that case, I think it's probable the primary beneficiaries of that would be non-democratic countries that can more easily ignore societal demands.Recession:I’ll keep these last couple of risks succinct. Recessions lead to demand destruction. As demand is destroyed less oil is consumed across the entire global economy. Less travel being done, fewer goods being produced and transported, etc.This is especially worrisome given the Fed's mandate of price stability and the ongoing QT which may cause a recession.Electric Vehicles:The rise of electronic vehicles could threaten the long-term oil demand. First are cars, next will be semi-trucks, and then later we could see planes and boats shift towards electric. As renewable energy comes down in price, EVs will grow in demand. This will likely be a slow multi-decade shift, but it does appear we are at the beginning of a strong trend, at least in this author's mind.ConclusionExxon is the right company, for the right time. In the words of Sam Elliott, in the Big Lebowski:Sometimes, there's a man, well, he's the man for his time and place. He fits right in there.And well, Exxon is the “man” for this time. Inflation fears run rampant, and supplies for both oil and LNG appear to be with us for the long haul. Exxon is the company that can provide both LNG and Petroleum when we need it most. So their shares have rightly soared.As far as financial performance goes, well, it's checkered. They are performing well now. But how long will it last? Well, that’s anyone's guess.Supply is likely to be low for some time but the odds of demand destruction vis-a-vis a recession seem higher than they were earlier in the year.Valuing Exxon was a particular challenge because so much of its future cash flows will hinge on commodity prices. With that in mind, my price target and recommendation will be based on the average forward PE in its group.I rate Exxon a “Sell” with a 1-year price target of $65 a share.At $65 a share, Exxon would be in line with the average forward PE in its peer group, 7.2x.So, to answer the question is Exxon the best of the oil majors? Based on what I’ve seen, no. No, it is not. Its growth rate is relatively in line with its peers, but it trades for a higher multiple, I would rather invest in (TTE) or (SHEL) at these levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041925782,"gmtCreate":1655997754346,"gmtModify":1676535747558,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041925782","repostId":"2245088225","repostType":4,"repost":{"id":"2245088225","kind":"highlight","pubTimestamp":1655989722,"share":"https://ttm.financial/m/news/2245088225?lang=&edition=fundamental","pubTime":"2022-06-23 21:08","market":"us","language":"en","title":"3 Warren Buffett Stocks You'll Wish You'd Bought 5 Years From Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2245088225","media":"Motley Fool","summary":"Many of Buffett's software-related stocks appear poised to come back.","content":"<html><head></head><body><p>Amid the recent stock market sell-off, Warren Buffett has again proven the success of his investment formula. While the <b>S&P 500 </b>has entered bear territory, his company <b>Berkshire Hathaway </b>sells near levels where it traded 12 months ago.</p><p>Although Buffett may have become better known for holdings outside of tech, he holds a few positions in the software sector. As technology stocks recover, companies such as <b>Apple</b>, <b>Mastercard</b>, and <b>Snowflake</b> could boost Buffett's returns as conditions improve.</p><h2>The free-cash-flow king that relies increasingly on software<b> </b></h2><p><b>Will Healy</b> <b>(Apple): </b>One cannot discuss Buffett's tech plays without mentioning Apple. His Apple holdings account for 39% of a portfolio that holds more than 50 publicly traded stocks.</p><p>The majority of revenue comes from the iPhone, a combined hardware and software offering. Additionally, software may have kept Apple strong during the downturn given the success of Apple Services. It includes software offerings such as iCloud, advertising, digital content, and payments.</p><p>The Apple Services segment generated $20 billion in revenue in the fiscal second quarter of 2022 (which ended March 26). This is a 17% surge year over year, taking this segment's revenue to an all-time high.</p><p>Its success also helped the company as rising prices and supply chain challenges weighed on Apple. Q2 revenue came in at $97 billion, a 9% increase from year-ago levels. Net income grew 6% over that period to $25 billion as a rising cost of sales, higher operating expenses, and increased income taxes reduced growth in the bottom line.</p><p>But despite the single-digit growth, Apple's $201 billion in liquidity should help it ride out any storm and keep it a crown jewel in the Buffett portfolio. Moreover, the stock has risen by 4% over the last 12 months. While not a stellar performance, it bodes well for the company considering that many tech growth stocks have lost more than three-fourths of their value in recent months.</p><p>Also, its price-to earnings (P/E) ratio of 22 is at its lowest level since the beginning of the pandemic. Such a valuation could attract more investment from Buffett and other prominent investors. Given its relative stability and massive liquidity position amid this sell-off, perhaps now is the time to buy.</p><h2>Mastercard gives investors the best of both worlds</h2><p><b>Justin Pope</b> <b>(Mastercard):</b> Mastercard is the world's second-largest payment processing network. It has just under 2.9 billion debit and credit cards in circulation worldwide.</p><p>Mastercard's network connects the merchants where you swipe your payment card to the financial institutions that handle the money. Think of the network as a highway that cars use to travel back and forth. You pay a toll when you use the highway; similarly, Mastercard charges a small percentage of each transaction its network processes.</p><p>The company's grown revenue by an average of 11% annually over the past decade, driven by a steady shift away from cash as a payment method. Additionally, Mastercard isn't impacted by inflation because its fee is a percentage of each transaction; in other words, Mastercard captures more revenue as the prices of goods and services increase.</p><p>Mastercard is a cash cow, turning 46% of its revenue into free cash flow. Management shares those cash profits with investors, having paid and raised its dividend for the past 11 years. Investors won't get a huge dividend yield at just 0.6%, but the payout grows quickly; its annual increase has averaged 18% over the past five years. The company also spends billions on share repurchases, shrinking the share count by 22% over the past decade.</p><p>The company's ability to grow cash and return it to investors simultaneously has powered market-beating returns, totaling more than 7,300% since Mastercard came public in 2006. Despite its success, there could still be more upside ahead. Earnings per share (EPS) have grown by an average of 16% over the past three years, only slightly dropping from its 10-year rate of 19%. Warren Buffett bought his first position in 2011, which remains a part of his portfolio today.</p><h2>Snowflake's business model makes it stand out from its cloud-computing peers</h2><p><b>Jake Lerch (Snowflake): </b>Snowflake doesn't fit the profile of a typical "Buffett stock." In fact, Snowflake is the type of company Buffett may have derided several years ago. It's a recently founded technology company and its business model can be challenging to understand. Nevertheless, Buffett -- or more likely Berkshire Hathaway investment managers Todd Combs or Ted Weschler -- has accumulated over 6 million shares of Snowflake. </p><p>Snowflake is, at the most basic level, a cloud computing company. But what really differentiates the company is its business model. Snowflake doesn't focus on increasing its customers' sales or streamlining their human resources workflow. Instead, it helps organizations gain a bird's eye view of all the data relevant to their operations. This perspective allows them to gain valuable insights into trends and improve their decision making.</p><p>For example, Snowflake can help retailers more accurately predict and manage their inventory. In the pharmaceutical industry, Snowflake can help companies research and develop new treatments by quickly compiling and sharing data from outside sources.</p><p>There's no doubt that Snowflake has secular tailwinds behind it. The company currently has 184 large customers (those generating more than $1 million in product revenue), and it plans to expand that number to 1,400 by 2029. Moreover, Snowflake hopes to grow its revenue almost tenfold over that same period. Over the last 12 months, Snowflake generated $1.4 billion of revenue -- its first time crossing the $1 billion mark. And by 2029, the company aims to exceed $10 billion in annual sales. </p><p>But owning shares of Snowflake isn't without risk. First of all, Snowflake lacks profits. The company has never turned a profit, and its net income actually sank deeper into the red over the last two years, mainly due to lucrative stock compensation for its employees. What's more, the company relies on would-be competitors like <b>Amazon</b> and <b>Microsoft</b> for the cloud infrastructure to run its software. </p><p>Nevertheless, Snowflake appears to have carved out a lucrative niche in the cloud-computing space. If you're willing to ride out short-term volatility, Snowflake looks like an outstanding Buffett stock -- albeit an unorthodox one.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Warren Buffett Stocks You'll Wish You'd Bought 5 Years From Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Warren Buffett Stocks You'll Wish You'd Bought 5 Years From Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-23 21:08 GMT+8 <a href=https://www.fool.com/investing/2022/06/23/3-warren-buffett-stocks-wish-bought-5-years/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid the recent stock market sell-off, Warren Buffett has again proven the success of his investment formula. While the S&P 500 has entered bear territory, his company Berkshire Hathaway sells near ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/23/3-warren-buffett-stocks-wish-bought-5-years/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","AAPL":"苹果","BRK.B":"伯克希尔B","MA":"万事达","SNOW":"Snowflake"},"source_url":"https://www.fool.com/investing/2022/06/23/3-warren-buffett-stocks-wish-bought-5-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2245088225","content_text":"Amid the recent stock market sell-off, Warren Buffett has again proven the success of his investment formula. While the S&P 500 has entered bear territory, his company Berkshire Hathaway sells near levels where it traded 12 months ago.Although Buffett may have become better known for holdings outside of tech, he holds a few positions in the software sector. As technology stocks recover, companies such as Apple, Mastercard, and Snowflake could boost Buffett's returns as conditions improve.The free-cash-flow king that relies increasingly on software Will Healy (Apple): One cannot discuss Buffett's tech plays without mentioning Apple. His Apple holdings account for 39% of a portfolio that holds more than 50 publicly traded stocks.The majority of revenue comes from the iPhone, a combined hardware and software offering. Additionally, software may have kept Apple strong during the downturn given the success of Apple Services. It includes software offerings such as iCloud, advertising, digital content, and payments.The Apple Services segment generated $20 billion in revenue in the fiscal second quarter of 2022 (which ended March 26). This is a 17% surge year over year, taking this segment's revenue to an all-time high.Its success also helped the company as rising prices and supply chain challenges weighed on Apple. Q2 revenue came in at $97 billion, a 9% increase from year-ago levels. Net income grew 6% over that period to $25 billion as a rising cost of sales, higher operating expenses, and increased income taxes reduced growth in the bottom line.But despite the single-digit growth, Apple's $201 billion in liquidity should help it ride out any storm and keep it a crown jewel in the Buffett portfolio. Moreover, the stock has risen by 4% over the last 12 months. While not a stellar performance, it bodes well for the company considering that many tech growth stocks have lost more than three-fourths of their value in recent months.Also, its price-to earnings (P/E) ratio of 22 is at its lowest level since the beginning of the pandemic. Such a valuation could attract more investment from Buffett and other prominent investors. Given its relative stability and massive liquidity position amid this sell-off, perhaps now is the time to buy.Mastercard gives investors the best of both worldsJustin Pope (Mastercard): Mastercard is the world's second-largest payment processing network. It has just under 2.9 billion debit and credit cards in circulation worldwide.Mastercard's network connects the merchants where you swipe your payment card to the financial institutions that handle the money. Think of the network as a highway that cars use to travel back and forth. You pay a toll when you use the highway; similarly, Mastercard charges a small percentage of each transaction its network processes.The company's grown revenue by an average of 11% annually over the past decade, driven by a steady shift away from cash as a payment method. Additionally, Mastercard isn't impacted by inflation because its fee is a percentage of each transaction; in other words, Mastercard captures more revenue as the prices of goods and services increase.Mastercard is a cash cow, turning 46% of its revenue into free cash flow. Management shares those cash profits with investors, having paid and raised its dividend for the past 11 years. Investors won't get a huge dividend yield at just 0.6%, but the payout grows quickly; its annual increase has averaged 18% over the past five years. The company also spends billions on share repurchases, shrinking the share count by 22% over the past decade.The company's ability to grow cash and return it to investors simultaneously has powered market-beating returns, totaling more than 7,300% since Mastercard came public in 2006. Despite its success, there could still be more upside ahead. Earnings per share (EPS) have grown by an average of 16% over the past three years, only slightly dropping from its 10-year rate of 19%. Warren Buffett bought his first position in 2011, which remains a part of his portfolio today.Snowflake's business model makes it stand out from its cloud-computing peersJake Lerch (Snowflake): Snowflake doesn't fit the profile of a typical \"Buffett stock.\" In fact, Snowflake is the type of company Buffett may have derided several years ago. It's a recently founded technology company and its business model can be challenging to understand. Nevertheless, Buffett -- or more likely Berkshire Hathaway investment managers Todd Combs or Ted Weschler -- has accumulated over 6 million shares of Snowflake. Snowflake is, at the most basic level, a cloud computing company. But what really differentiates the company is its business model. Snowflake doesn't focus on increasing its customers' sales or streamlining their human resources workflow. Instead, it helps organizations gain a bird's eye view of all the data relevant to their operations. This perspective allows them to gain valuable insights into trends and improve their decision making.For example, Snowflake can help retailers more accurately predict and manage their inventory. In the pharmaceutical industry, Snowflake can help companies research and develop new treatments by quickly compiling and sharing data from outside sources.There's no doubt that Snowflake has secular tailwinds behind it. The company currently has 184 large customers (those generating more than $1 million in product revenue), and it plans to expand that number to 1,400 by 2029. Moreover, Snowflake hopes to grow its revenue almost tenfold over that same period. Over the last 12 months, Snowflake generated $1.4 billion of revenue -- its first time crossing the $1 billion mark. And by 2029, the company aims to exceed $10 billion in annual sales. But owning shares of Snowflake isn't without risk. First of all, Snowflake lacks profits. The company has never turned a profit, and its net income actually sank deeper into the red over the last two years, mainly due to lucrative stock compensation for its employees. What's more, the company relies on would-be competitors like Amazon and Microsoft for the cloud infrastructure to run its software. Nevertheless, Snowflake appears to have carved out a lucrative niche in the cloud-computing space. If you're willing to ride out short-term volatility, Snowflake looks like an outstanding Buffett stock -- albeit an unorthodox one.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048590616,"gmtCreate":1656219094935,"gmtModify":1676535787761,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048590616","repostId":"1191010488","repostType":4,"repost":{"id":"1191010488","kind":"news","pubTimestamp":1656202469,"share":"https://ttm.financial/m/news/1191010488?lang=&edition=fundamental","pubTime":"2022-06-26 08:14","market":"us","language":"en","title":"Warren Buffett's 4 Rules for Investing in a Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1191010488","media":"Motley Fool","summary":"Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as theS&P 500 was on its way to a 35% dipthat bottomed in 1942. Since then, he's managed through 12 more bear markets not including this one.Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs,Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it's Buffett.So it m","content":"<html><head></head><body><p>Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he's managed through 12 more bear markets not including this one.</p><p>Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs, Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it's Buffett.</p><p>So it makes sense to lean on his expertise to get through this tough climate with your wealth intact, right? To get you started, here are four of Buffett's famous rules for investing in a bear market.</p><p>1. Buy quality merchandise on sale</p><blockquote><i>"Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down."</i></blockquote><p>Buffett invests in high-quality businesses -- companies with a proven ability to create shareholder value through all economic climates. In his view, bear markets provide opportunities to buy these quality stocks at lower prices.</p><p>As an example, Buffett's response earlier this year to the tech stock sell-off was to buy more of his favorite technology company, Apple. Although Apple already comprised more than 40% of Berkshire Hathaway's portfolio, Buffett bought another 3.78 million shares.</p><p>You can mimic his strategy by identifying stocks you love for their long-term prospects. If your budget allows, increase your investing activity and pad your share counts while prices remain low.</p><p>2. Hold forever</p><blockquote><i>"Our favorite holding period is forever."</i></blockquote><p>When you buy stocks you'd like to hold forever, bear markets become far less stressful. Since your plan is to hold for the long run, you don't have to do anything when the market goes sideways. No reshuffling your portfolio and no guessing when share prices will bottom out. Your only job is to wait.</p><p>3. Stay calm</p><blockquote><i>"The most important quality for an investor is temperament, not intellect."</i></blockquote><p>It's normal and useful to second-guess your "hold forever" plan when circumstances change. Certainly, there will be times when you should drop a stock you thought was a keeper.</p><p>The distinction you must make is whether circumstances have changed permanently or temporarily. And that's easier to do when you can analyze what's happening calmly and rationally. If you let your emotions take over, they can convince you to scrap your plan, cut your losses, or take some other dramatic action that's sure to dampen your long-term returns.</p><p>4. Keep your distance</p><p>Buffett said this when asked what advice he had for investors in tough markets:<i>"I would tell them: Don't watch the market too closely."</i></p><p>Let's say you're confident that your "hold forever" stocks can withstand a temporary bear market. And for that reason, you're not going to react to falling share prices. In that scenario, what's the benefit of tracking every bump along the way? There isn't one.</p><p>It's OK to keep some distance from financial headlines when the market is going crazy. Consider it a survival strategy that helps you stay calm and stick to your investing plan.</p><p>Buy or do nothing</p><p>When a bear market sets in, you'll see Buffett mostly buy or hold. If you're questioning whether those are the right moves for your portfolio, remember this: Buffett is worth about $95 billion, and he has invested through more bear markets than almost anyone. His tactics can help you emerge from this bear market stronger and wealthier than ever.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett's 4 Rules for Investing in a Bear Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett's 4 Rules for Investing in a Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-26 08:14 GMT+8 <a href=https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he's ...</p>\n\n<a href=\"https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191010488","content_text":"Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he's managed through 12 more bear markets not including this one.Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs, Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it's Buffett.So it makes sense to lean on his expertise to get through this tough climate with your wealth intact, right? To get you started, here are four of Buffett's famous rules for investing in a bear market.1. Buy quality merchandise on sale\"Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.\"Buffett invests in high-quality businesses -- companies with a proven ability to create shareholder value through all economic climates. In his view, bear markets provide opportunities to buy these quality stocks at lower prices.As an example, Buffett's response earlier this year to the tech stock sell-off was to buy more of his favorite technology company, Apple. Although Apple already comprised more than 40% of Berkshire Hathaway's portfolio, Buffett bought another 3.78 million shares.You can mimic his strategy by identifying stocks you love for their long-term prospects. If your budget allows, increase your investing activity and pad your share counts while prices remain low.2. Hold forever\"Our favorite holding period is forever.\"When you buy stocks you'd like to hold forever, bear markets become far less stressful. Since your plan is to hold for the long run, you don't have to do anything when the market goes sideways. No reshuffling your portfolio and no guessing when share prices will bottom out. Your only job is to wait.3. Stay calm\"The most important quality for an investor is temperament, not intellect.\"It's normal and useful to second-guess your \"hold forever\" plan when circumstances change. Certainly, there will be times when you should drop a stock you thought was a keeper.The distinction you must make is whether circumstances have changed permanently or temporarily. And that's easier to do when you can analyze what's happening calmly and rationally. If you let your emotions take over, they can convince you to scrap your plan, cut your losses, or take some other dramatic action that's sure to dampen your long-term returns.4. Keep your distanceBuffett said this when asked what advice he had for investors in tough markets:\"I would tell them: Don't watch the market too closely.\"Let's say you're confident that your \"hold forever\" stocks can withstand a temporary bear market. And for that reason, you're not going to react to falling share prices. In that scenario, what's the benefit of tracking every bump along the way? There isn't one.It's OK to keep some distance from financial headlines when the market is going crazy. Consider it a survival strategy that helps you stay calm and stick to your investing plan.Buy or do nothingWhen a bear market sets in, you'll see Buffett mostly buy or hold. If you're questioning whether those are the right moves for your portfolio, remember this: Buffett is worth about $95 billion, and he has invested through more bear markets than almost anyone. His tactics can help you emerge from this bear market stronger and wealthier than ever.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049524148,"gmtCreate":1655819349784,"gmtModify":1676535711014,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049524148","repostId":"2244411812","repostType":4,"repost":{"id":"2244411812","kind":"highlight","pubTimestamp":1655804041,"share":"https://ttm.financial/m/news/2244411812?lang=&edition=fundamental","pubTime":"2022-06-21 17:34","market":"us","language":"en","title":"How to Buy the Dip: 3 Tips for Smart Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2244411812","media":"Motley Fool","summary":"Here's how to make the most of the stock market right now.","content":"<html><head></head><body><p>KEY POINTS</p><ul><li>Downturns can be rough, but they're also a smart buying opportunity.</li><li>The right strategy is key to keeping your money safe.</li><li>A long-term outlook can make it easier to invest during periods of volatility.</li></ul><p>The stock market has taken a tumble lately, with the <b>S&P 500</b> officially entering a bear market after falling more than 20% from its peak.</p><p>While downturns and bear markets can be intimidating to even the best investors, they're also one of the best opportunities to buy. Stock prices are significantly lower now than they were a few months ago, and buying the dip can help you get more bang for your buck.</p><p>It's important, though, to have the right strategy. Here's how to make the most of your money during a downturn.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98105670e71e93d55de8f312057e9cc0\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><p><b>1. Avoid knee-jerk reactions</b></p><p>When stock prices are down, it can be tempting to buy first and ask questions later. Market dips can sometimes feel like Black Friday sales, when prices are slashed for a limited time and you have to buy right now.</p><p>To make sure you're getting the best deal possible, though, take a moment to think through your decision before you buy. Can you afford to invest right now? Do you have a healthy emergency fund? Have you researched this stock thoroughly?</p><p>Market downturns can be fantastic buying opportunities, but they're also one of the worst times to sell. If you buy a stock without thinking and end up having to sell it soon after, you could risk losing money.</p><p><b>2. Take a long-term approach</b></p><p>Nobody knows for certain how long this bear market will last. Some downturns, such as the crash in the early stages of the COVID-19 pandemic, are quick and stock prices recover almost immediately. Others, though, are more severe. In some cases, it could take months or even years for stock prices to fully recover.</p><p>It's smart, then, to brace yourself for the worst just in case. If stocks don't recover for months or even years, be prepared to hold your investments even if prices continue falling.</p><p>You may see your portfolio drop in value during that time, but stay focused on the long term and try not to get too caught up in the market's day-to-day performance. Given enough time, the market will recover eventually.</p><p><b>3. Do your homework before you buy</b></p><p>Not all companies will be able to survive an economic downturn, and depending on how long this bear market lasts, some stocks may not pull through. It's critical, then, to ensure you're only investing in strong, long-term stocks.</p><p>The strongest stocks are from companies with healthy underlying business fundamentals. This means that the company's finances are in good shape, it has a competent leadership team that can guide it through periods of volatility, and it has a competitive advantage in its industry, for example.</p><p>The healthier the overall business, the more likely it is to recover from market downturns. These stocks are also the best to buy when prices are down, because there's a much better chance that they'll bounce back and you'll make a hefty profit.</p><p><b>Making the most of a market downturn</b></p><p>Bear markets are not always easy to stomach, but they can be incredible wealth-building opportunities. By taking a thoughtful approach, choosing the right stocks, and holding those stocks for the long term, you can buy the dip while keeping your money as safe as possible.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How to Buy the Dip: 3 Tips for Smart Investors</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\">\nHow to Buy the Dip: 3 Tips for Smart Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-21 17:34 GMT+8 <a href=https://www.fool.com/investing/2022/06/20/how-to-buy-the-dip-3-tips-for-smart-investors/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSDownturns can be rough, but they're also a smart buying opportunity.The right strategy is key to keeping your money safe.A long-term outlook can make it easier to invest during periods of ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/20/how-to-buy-the-dip-3-tips-for-smart-investors/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.fool.com/investing/2022/06/20/how-to-buy-the-dip-3-tips-for-smart-investors/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2244411812","content_text":"KEY POINTSDownturns can be rough, but they're also a smart buying opportunity.The right strategy is key to keeping your money safe.A long-term outlook can make it easier to invest during periods of volatility.The stock market has taken a tumble lately, with the S&P 500 officially entering a bear market after falling more than 20% from its peak.While downturns and bear markets can be intimidating to even the best investors, they're also one of the best opportunities to buy. Stock prices are significantly lower now than they were a few months ago, and buying the dip can help you get more bang for your buck.It's important, though, to have the right strategy. Here's how to make the most of your money during a downturn.Image source: Getty Images.1. Avoid knee-jerk reactionsWhen stock prices are down, it can be tempting to buy first and ask questions later. Market dips can sometimes feel like Black Friday sales, when prices are slashed for a limited time and you have to buy right now.To make sure you're getting the best deal possible, though, take a moment to think through your decision before you buy. Can you afford to invest right now? Do you have a healthy emergency fund? Have you researched this stock thoroughly?Market downturns can be fantastic buying opportunities, but they're also one of the worst times to sell. If you buy a stock without thinking and end up having to sell it soon after, you could risk losing money.2. Take a long-term approachNobody knows for certain how long this bear market will last. Some downturns, such as the crash in the early stages of the COVID-19 pandemic, are quick and stock prices recover almost immediately. Others, though, are more severe. In some cases, it could take months or even years for stock prices to fully recover.It's smart, then, to brace yourself for the worst just in case. If stocks don't recover for months or even years, be prepared to hold your investments even if prices continue falling.You may see your portfolio drop in value during that time, but stay focused on the long term and try not to get too caught up in the market's day-to-day performance. Given enough time, the market will recover eventually.3. Do your homework before you buyNot all companies will be able to survive an economic downturn, and depending on how long this bear market lasts, some stocks may not pull through. It's critical, then, to ensure you're only investing in strong, long-term stocks.The strongest stocks are from companies with healthy underlying business fundamentals. This means that the company's finances are in good shape, it has a competent leadership team that can guide it through periods of volatility, and it has a competitive advantage in its industry, for example.The healthier the overall business, the more likely it is to recover from market downturns. These stocks are also the best to buy when prices are down, because there's a much better chance that they'll bounce back and you'll make a hefty profit.Making the most of a market downturnBear markets are not always easy to stomach, but they can be incredible wealth-building opportunities. By taking a thoughtful approach, choosing the right stocks, and holding those stocks for the long term, you can buy the dip while keeping your money as safe as possible.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9054948862,"gmtCreate":1655340235356,"gmtModify":1676535617123,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054948862","repostId":"1176174206","repostType":4,"repost":{"id":"1176174206","kind":"news","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":1655316335,"share":"https://ttm.financial/m/news/1176174206?lang=&edition=fundamental","pubTime":"2022-06-16 02:05","market":"us","language":"en","title":"Fed Hikes Its Benchmark Interest Rate By Three-Quarters of a Point, the Biggest Increase Since 1994","url":"https://stock-news.laohu8.com/highlight/detail?id=1176174206","media":"Tiger Newspress","summary":"The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising bench","content":"<html><head></head><body><p>The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressive hike since 1994.</p><p>Ending weeks of speculation, the rate-setting Federal Open Market Committee took the level of its benchmark funds rate to a range of 1.5%-1.75%, the highest since just before the Covid pandemic began in March 2020.</p><p>Additionally, members indicated a much stronger path of rate increases ahead to arrest inflation moving at its fastest pace going back to December 1981, according to one commonly cited measure.</p><p>According to the “dot plot” of individual members’ expectations, the Fed’s benchmark rate will end the year at 3.4%, an upward revision of 1.5 percentage points from the March estimate. The committee then sees the rate rising to 3.8% in 2023, a full percentage point ramp higher.</p><p>Officials also significantly cut their outlook for 2022 economic growth, now anticipating just a 1.7% gain in GDP, down from 2.8% from March.</p><p>The inflation projection as gauged by personal consumption expenditures also rose to 5.2% this year from 4.3%, though core inflation, which excludes rapidly rising food and energy costs, is indicated at 4.3%, up just 0.2 percentage points from the previous projection. Core PCE inflation ran at 4.9% in May, so the projections Wednesday anticipate an easing of price pressures in coming months.</p><p>The committee’s statement painted a largely optimistic picture of the economy even with higher inflation.</p><p>“Overall economic activity appears to have picked up after edging down in the first quarter,” the statement said. “Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures.“</p><p>Indeed, the estimates as expressed through the committee’s summary of economic projections see inflation moving sharply lower in 2023, down to 2.6% headline and 2.7% core, projections little changed from March.</p><p>Longer-term, the committee outlook for policy largely matches market projections which see a series of increases ahead that would take the funds rate to about 3.8%, its highest level since late 2007.</p><p>The statement was approved by all FOMC members except for Kansas City Fed President Esther George, who preferred a smaller half-point increase.</p><p>Banks use the rate as a benchmark for what the charge each other for short-term borrowing. However, it feeds directly through to a multitude of consumer debt products, such as adjustable-rate mortgages, credit cards and auto loans.</p><p>The funds rate also can drive rates on savings accounts and CDs higher, though the feed-through on that generally takes longer.</p><p>The Fed’s move comes with inflation running at its fastest pace in more than 40 years. Central bank officials use the funds rate to try to slow down the economy – in this case to tamp down demand so that supply can catch up.</p><p>However, the post-meeting statement removed a long-used phrase indicating that the FOMC “expects inflation to return to its 2 percent objective and the labor market to remain strong.” The statement only noted that the Fed “is strongly committed” to the goal.</p><p>The policy tightening is happening with economic growth already tailing off while prices still rise, a condition known as stagflation.</p><p>First-quarter growth declined at a 1.5% annualized pace, and an updated estimate Wednesday from the Atlanta Fed, through its GDPNow tracker, put the second quarter as flat. Two consecutive quarters of negative growth is a widely used rule of thumb to delineate a recession.</p><p>Fed officials engaged in a public bout of hand-wringing heading into Wednesday’s decision.</p><p>For weeks, policymakers had been insisting that half-point – or 50-basis-point – increases could help arrest inflation. In recent days, though, CNBC and other media outlets reported that conditions were ripe for the Fed to go beyond that. The changed approach came even though Fed Chairman Jerome Powell in May had insisted that hiking by 75 basis points was not being considered.</p><p>However, a recent series of alarming signals triggered the more aggressive action.</p><p>Inflation as measured by the consumer price index rose 8.6% on a yearly basis in May. The University of Michigan consumer sentiment survey hit an all-time low that included sharply higher inflation expectations. Also, retail sales numbers released Wednesday confirmed that the all-important consumer is weakening, with sales dropping 0.3% for a month in which inflation rose 1%.</p><p>The jobs market has been a point of strength for the economy, though May’s 390,000 gain was the lowest since April 2021. Average hourly earnings have been rising in nominal terms, but when adjusted for inflation have fallen 3% over the past year.</p><p>The committee projections released Wednesday see the unemployment rate, currently at 3.6%, moving up to 4.1% by 2024.</p><p>All of those factors have combined to complicate Powell’s hopes for a “soft or softish” landing that he expressed in May. Rate-tightening cycles in the past often have resulted in recessions.</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>Fed Hikes Its Benchmark Interest Rate By Three-Quarters of a Point, the Biggest Increase Since 1994</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Hikes Its Benchmark Interest Rate By Three-Quarters of a Point, the Biggest Increase Since 1994\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-16 02:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressive hike since 1994.</p><p>Ending weeks of speculation, the rate-setting Federal Open Market Committee took the level of its benchmark funds rate to a range of 1.5%-1.75%, the highest since just before the Covid pandemic began in March 2020.</p><p>Additionally, members indicated a much stronger path of rate increases ahead to arrest inflation moving at its fastest pace going back to December 1981, according to one commonly cited measure.</p><p>According to the “dot plot” of individual members’ expectations, the Fed’s benchmark rate will end the year at 3.4%, an upward revision of 1.5 percentage points from the March estimate. The committee then sees the rate rising to 3.8% in 2023, a full percentage point ramp higher.</p><p>Officials also significantly cut their outlook for 2022 economic growth, now anticipating just a 1.7% gain in GDP, down from 2.8% from March.</p><p>The inflation projection as gauged by personal consumption expenditures also rose to 5.2% this year from 4.3%, though core inflation, which excludes rapidly rising food and energy costs, is indicated at 4.3%, up just 0.2 percentage points from the previous projection. Core PCE inflation ran at 4.9% in May, so the projections Wednesday anticipate an easing of price pressures in coming months.</p><p>The committee’s statement painted a largely optimistic picture of the economy even with higher inflation.</p><p>“Overall economic activity appears to have picked up after edging down in the first quarter,” the statement said. “Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures.“</p><p>Indeed, the estimates as expressed through the committee’s summary of economic projections see inflation moving sharply lower in 2023, down to 2.6% headline and 2.7% core, projections little changed from March.</p><p>Longer-term, the committee outlook for policy largely matches market projections which see a series of increases ahead that would take the funds rate to about 3.8%, its highest level since late 2007.</p><p>The statement was approved by all FOMC members except for Kansas City Fed President Esther George, who preferred a smaller half-point increase.</p><p>Banks use the rate as a benchmark for what the charge each other for short-term borrowing. However, it feeds directly through to a multitude of consumer debt products, such as adjustable-rate mortgages, credit cards and auto loans.</p><p>The funds rate also can drive rates on savings accounts and CDs higher, though the feed-through on that generally takes longer.</p><p>The Fed’s move comes with inflation running at its fastest pace in more than 40 years. Central bank officials use the funds rate to try to slow down the economy – in this case to tamp down demand so that supply can catch up.</p><p>However, the post-meeting statement removed a long-used phrase indicating that the FOMC “expects inflation to return to its 2 percent objective and the labor market to remain strong.” The statement only noted that the Fed “is strongly committed” to the goal.</p><p>The policy tightening is happening with economic growth already tailing off while prices still rise, a condition known as stagflation.</p><p>First-quarter growth declined at a 1.5% annualized pace, and an updated estimate Wednesday from the Atlanta Fed, through its GDPNow tracker, put the second quarter as flat. Two consecutive quarters of negative growth is a widely used rule of thumb to delineate a recession.</p><p>Fed officials engaged in a public bout of hand-wringing heading into Wednesday’s decision.</p><p>For weeks, policymakers had been insisting that half-point – or 50-basis-point – increases could help arrest inflation. In recent days, though, CNBC and other media outlets reported that conditions were ripe for the Fed to go beyond that. The changed approach came even though Fed Chairman Jerome Powell in May had insisted that hiking by 75 basis points was not being considered.</p><p>However, a recent series of alarming signals triggered the more aggressive action.</p><p>Inflation as measured by the consumer price index rose 8.6% on a yearly basis in May. The University of Michigan consumer sentiment survey hit an all-time low that included sharply higher inflation expectations. Also, retail sales numbers released Wednesday confirmed that the all-important consumer is weakening, with sales dropping 0.3% for a month in which inflation rose 1%.</p><p>The jobs market has been a point of strength for the economy, though May’s 390,000 gain was the lowest since April 2021. Average hourly earnings have been rising in nominal terms, but when adjusted for inflation have fallen 3% over the past year.</p><p>The committee projections released Wednesday see the unemployment rate, currently at 3.6%, moving up to 4.1% by 2024.</p><p>All of those factors have combined to complicate Powell’s hopes for a “soft or softish” landing that he expressed in May. Rate-tightening cycles in the past often have resulted in recessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176174206","content_text":"The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressive hike since 1994.Ending weeks of speculation, the rate-setting Federal Open Market Committee took the level of its benchmark funds rate to a range of 1.5%-1.75%, the highest since just before the Covid pandemic began in March 2020.Additionally, members indicated a much stronger path of rate increases ahead to arrest inflation moving at its fastest pace going back to December 1981, according to one commonly cited measure.According to the “dot plot” of individual members’ expectations, the Fed’s benchmark rate will end the year at 3.4%, an upward revision of 1.5 percentage points from the March estimate. The committee then sees the rate rising to 3.8% in 2023, a full percentage point ramp higher.Officials also significantly cut their outlook for 2022 economic growth, now anticipating just a 1.7% gain in GDP, down from 2.8% from March.The inflation projection as gauged by personal consumption expenditures also rose to 5.2% this year from 4.3%, though core inflation, which excludes rapidly rising food and energy costs, is indicated at 4.3%, up just 0.2 percentage points from the previous projection. Core PCE inflation ran at 4.9% in May, so the projections Wednesday anticipate an easing of price pressures in coming months.The committee’s statement painted a largely optimistic picture of the economy even with higher inflation.“Overall economic activity appears to have picked up after edging down in the first quarter,” the statement said. “Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures.“Indeed, the estimates as expressed through the committee’s summary of economic projections see inflation moving sharply lower in 2023, down to 2.6% headline and 2.7% core, projections little changed from March.Longer-term, the committee outlook for policy largely matches market projections which see a series of increases ahead that would take the funds rate to about 3.8%, its highest level since late 2007.The statement was approved by all FOMC members except for Kansas City Fed President Esther George, who preferred a smaller half-point increase.Banks use the rate as a benchmark for what the charge each other for short-term borrowing. However, it feeds directly through to a multitude of consumer debt products, such as adjustable-rate mortgages, credit cards and auto loans.The funds rate also can drive rates on savings accounts and CDs higher, though the feed-through on that generally takes longer.The Fed’s move comes with inflation running at its fastest pace in more than 40 years. Central bank officials use the funds rate to try to slow down the economy – in this case to tamp down demand so that supply can catch up.However, the post-meeting statement removed a long-used phrase indicating that the FOMC “expects inflation to return to its 2 percent objective and the labor market to remain strong.” The statement only noted that the Fed “is strongly committed” to the goal.The policy tightening is happening with economic growth already tailing off while prices still rise, a condition known as stagflation.First-quarter growth declined at a 1.5% annualized pace, and an updated estimate Wednesday from the Atlanta Fed, through its GDPNow tracker, put the second quarter as flat. Two consecutive quarters of negative growth is a widely used rule of thumb to delineate a recession.Fed officials engaged in a public bout of hand-wringing heading into Wednesday’s decision.For weeks, policymakers had been insisting that half-point – or 50-basis-point – increases could help arrest inflation. In recent days, though, CNBC and other media outlets reported that conditions were ripe for the Fed to go beyond that. The changed approach came even though Fed Chairman Jerome Powell in May had insisted that hiking by 75 basis points was not being considered.However, a recent series of alarming signals triggered the more aggressive action.Inflation as measured by the consumer price index rose 8.6% on a yearly basis in May. The University of Michigan consumer sentiment survey hit an all-time low that included sharply higher inflation expectations. Also, retail sales numbers released Wednesday confirmed that the all-important consumer is weakening, with sales dropping 0.3% for a month in which inflation rose 1%.The jobs market has been a point of strength for the economy, though May’s 390,000 gain was the lowest since April 2021. Average hourly earnings have been rising in nominal terms, but when adjusted for inflation have fallen 3% over the past year.The committee projections released Wednesday see the unemployment rate, currently at 3.6%, moving up to 4.1% by 2024.All of those factors have combined to complicate Powell’s hopes for a “soft or softish” landing that he expressed in May. Rate-tightening cycles in the past often have resulted in recessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088120834,"gmtCreate":1650326278493,"gmtModify":1676534695699,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SBUX\">$Starbucks(SBUX)$</a>up...","listText":"<a href=\"https://ttm.financial/S/SBUX\">$Starbucks(SBUX)$</a>up...","text":"$Starbucks(SBUX)$up...","images":[{"img":"https://community-static.tradeup.com/news/3b3bee3db662028988851852b11687de","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088120834","isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":256808281194560,"gmtCreate":1703731218971,"gmtModify":1703731222883,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Nice and fun game. 👍","listText":"Nice and fun game. 👍","text":"Nice and fun game. 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/256808281194560","isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":237498890760192,"gmtCreate":1699018786765,"gmtModify":1699018790044,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Have fun playing the games","listText":"Have fun playing the games","text":"Have fun playing the games","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/237498890760192","isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944889948,"gmtCreate":1681783428385,"gmtModify":1681783432427,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"Great and nice game. ","listText":"Great and nice game. ","text":"Great and nice game.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9944889948","isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951163051,"gmtCreate":1673425863074,"gmtModify":1676538834688,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951163051","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959760692,"gmtCreate":1673071446917,"gmtModify":1676538783862,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959760692","isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927957808,"gmtCreate":1672379047904,"gmtModify":1676538682016,"author":{"id":"3582504836067709","authorId":"3582504836067709","name":"J4","avatar":"https://static.itradeup.com/news/150e4b697ccff94ef8d4389a3d49b2cb","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582504836067709","authorIdStr":"3582504836067709"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927957808","isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}