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Hong02
2021-07-06
$Qutoutiao(QTT)$
Holding on
Hong02
2021-07-04
$Luokung Technology Corp(LKCO)$
dont give up
Hong02
2021-07-04
This a great news
U.S. stocks sweep to fresh highs after strong jobs report
Hong02
2021-06-30
Great learning
Buffett and Munger Talk Zoom, Robinhood, and Lessons From the Pandemic
Hong02
2021-06-27
Very good read
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Hong02
2021-06-07
This is a good read.
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community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.07.14","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a 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href=\"https://laohu8.com/S/QTT\">$Qutoutiao(QTT)$</a>Holding on","listText":"<a href=\"https://laohu8.com/S/QTT\">$Qutoutiao(QTT)$</a>Holding on","text":"$Qutoutiao(QTT)$Holding on","images":[{"img":"https://static.tigerbbs.com/89e779843853594a055e6accba79cdfe","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157133703","isVote":1,"tweetType":1,"viewCount":1118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":155690966,"gmtCreate":1625408125255,"gmtModify":1703741399303,"author":{"id":"3585823267449650","authorId":"3585823267449650","name":"Hong02","avatar":"https://static.tigerbbs.com/77750bf556886d7c37db1efb71ef07fd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585823267449650","idStr":"3585823267449650"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>dont give up","listText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>dont give up","text":"$Luokung Technology Corp(LKCO)$dont give up","images":[{"img":"https://static.tigerbbs.com/9a6e2b68a44d208838b88015aa86dc7e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155690966","isVote":1,"tweetType":1,"viewCount":2197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":155607923,"gmtCreate":1625408043062,"gmtModify":1703741396997,"author":{"id":"3585823267449650","authorId":"3585823267449650","name":"Hong02","avatar":"https://static.tigerbbs.com/77750bf556886d7c37db1efb71ef07fd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585823267449650","idStr":"3585823267449650"},"themes":[],"htmlText":"This a great news","listText":"This a great news","text":"This a great news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155607923","repostId":"1165340887","repostType":4,"repost":{"id":"1165340887","kind":"news","pubTimestamp":1625257396,"share":"https://ttm.financial/m/news/1165340887?lang=&edition=fundamental","pubTime":"2021-07-03 04:23","market":"us","language":"en","title":"U.S. stocks sweep to fresh highs after strong jobs report","url":"https://stock-news.laohu8.com/highlight/detail?id=1165340887","media":"yahoo","summary":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.The S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Sh","content":"<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.</p>\n<p>The S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.</p>\n<p>Investorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.</p>\n<p>\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"</p>\n<p>Heading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.</p>\n<p>\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"</p>\n<p>Friday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.</p>\n<p>“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"</p>\n<p>Still, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.</p>\n<p>\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"</p>\n<p>Even with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.</p>\n<p>“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.</p>\n<p>4:01 p.m. ET: Stocks close higher, S&P 500 posts longest winning streak since August 2020</p>\n<p>Here's where markets closed out on Friday:</p>\n<ul>\n <li><p><b>S&P 500 (^GSPC)</b>: +32.51 (+0.75%) to 4,352.45</p></li>\n <li><p><b>Dow (^DJI)</b>: +154.4 (+0.45%) to 34,787.93</p></li>\n <li><p><b>Nasdaq (^IXIC)</b>: +116.95 (+0.81%) to 14,639.33</p></li>\n</ul>","source":"lsy1584348713084","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks sweep to fresh highs after strong jobs report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks sweep to fresh highs after strong jobs report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 04:23 GMT+8 <a href=https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165340887","content_text":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.\nInvestorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.\n\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"\nHeading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.\n\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"\nFriday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.\n“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"\nStill, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.\n\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"\nEven with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.\n“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.\n4:01 p.m. ET: Stocks close higher, S&P 500 posts longest winning streak since August 2020\nHere's where markets closed out on Friday:\n\nS&P 500 (^GSPC): +32.51 (+0.75%) to 4,352.45\nDow (^DJI): +154.4 (+0.45%) to 34,787.93\nNasdaq (^IXIC): +116.95 (+0.81%) to 14,639.33","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153451342,"gmtCreate":1625044653486,"gmtModify":1703850791425,"author":{"id":"3585823267449650","authorId":"3585823267449650","name":"Hong02","avatar":"https://static.tigerbbs.com/77750bf556886d7c37db1efb71ef07fd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585823267449650","idStr":"3585823267449650"},"themes":[],"htmlText":"Great learning","listText":"Great learning","text":"Great learning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153451342","repostId":"1145186822","repostType":4,"repost":{"id":"1145186822","kind":"news","pubTimestamp":1625043845,"share":"https://ttm.financial/m/news/1145186822?lang=&edition=fundamental","pubTime":"2021-06-30 17:04","market":"us","language":"en","title":"Buffett and Munger Talk Zoom, Robinhood, and Lessons From the Pandemic","url":"https://stock-news.laohu8.com/highlight/detail?id=1145186822","media":"Barrons","summary":"Unlike his longtime friend and business partner Charlie Munger,Berkshire Hathaway CEO Warren Buffett","content":"<p>Unlike his longtime friend and business partner Charlie Munger,Berkshire Hathaway CEO Warren Buffett isn’t a huge fan of Zoom meetings.</p>\n<p>“I did it once or twice, and they had a whole screen of people. I just didn’t figure it was adding to the experience,” Buffett, 90, said in an interview with CNBC that aired Tuesday. “I find the telephone a very satisfactory instrument.”</p>\n<p>Munger, on the other hand, uses the service three times a day. “I think Zoom is here to stay,” Munger said. “It just adds so much convenience.”</p>\n<p>“Well, particularly, if you’re 97,” Buffett quipped, referring to Munger’s age.</p>\n<p>In an interview with CNBC filmed from Munger’s backyard in Los Angeles after Berkshire Hathaway’s annual meeting in May, the pair also discussed the uneven impact of the pandemic on small businesses, their negative views of trading platform Robinhood, and the dangers of excessive margin.</p>\n<p>On the impact of the pandemic, Buffett said: “I don’t know how many but many hundreds of thousands or millions of small businesses have been hurt in a terrible way. But most of the big, big companies have overwhelmingly done fine unless they happen to be in cruise lines or hotels or something.”</p>\n<p>Munger said he believes a lot of business travel, among other things, won’t come back following the pandemic. “A lot of people have found they don’t need to be [in an office]. I think all kinds of things are going to happen that we don’t go back to what we did before.”</p>\n<p>“Some people did better than [the U.S.],” Munger added, referring to China’s aggressive response to the virus and subsequent recovery. “They didn’t allow any contact. You picked up your groceries in a box in the apartment and that’s all the contact you had with anybody for six weeks. And, when it was all over, they kind of went back to work. It happened they did it exactly right.”</p>\n<p>Much of the special was biographical, with Buffett and Munger reflecting on their first meeting and how their friendship-at-first-sight evolved into a decadeslong venture transforming the Berkshire Hathaway textile company into one of the world’s largest conglomerates.</p>\n<p>Asked about Robinhood, Munger called the stock trading app “a gambling parlor masquerading as a respectable business.”</p>\n<p>“[Robinhood] is not encouraging people to buy a very, very, very low-cost index fund and hold it for 50 years,” Buffett said. “I will guarantee you that you will not walk in there, get that advice. Instead, you’ll get advice on how you can trade options.”</p>\n<p>Munger also suggested apps like Robinhood aren’t commission-free because the real costs—namely the process of payment for order flow—are hidden.</p>\n<p>“It’s basically a sleazy, disreputable operation,” Munger said. “And the interesting thing about it is that some good people you would be glad to have marry into your family have backed it.”</p>\n<p>Reached for comment, a Robinhood spokesperson referred<i>Barron’s</i>to a May 3 statement from when Munger and Buffett previously criticized the app. “Robinhood has made investing simpler and more accessible to more people — and the public has responded. We are proud of that fact,” Jacqueline Ortiz Ramsay, head of public policy communications at Robinhood,wrote at the time.</p>\n<p>Regarding the blow-up of hedge fund Archegos Capital that resulted in market volatility and major losses at several banks earlier this year, Munger called for more strict margin requirements.</p>\n<p>“The people who are making money out of this unreasonable extension of credit argue for it, and nobody’s speaking against it,” Munger said. “And last time around, we got the correct regulation that came and stayed for a long time on margin debt only because we had the worst depression in the history of the English-speaking world. That’s what it took to get a little sense into the politicians.”</p>","source":"lsy1601382232898","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>Buffett and Munger Talk Zoom, Robinhood, and Lessons From the Pandemic</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\">\nBuffett and Munger Talk Zoom, Robinhood, and Lessons From the Pandemic\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 17:04 GMT+8 <a href=https://www.barrons.com/articles/buffett-munger-zoom-robinhood-pandemic-51625020162?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Unlike his longtime friend and business partner Charlie Munger,Berkshire Hathaway CEO Warren Buffett isn’t a huge fan of Zoom meetings.\n“I did it once or twice, and they had a whole screen of people. ...</p>\n\n<a href=\"https://www.barrons.com/articles/buffett-munger-zoom-robinhood-pandemic-51625020162?mod=hp_LEADSUPP_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom","BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.barrons.com/articles/buffett-munger-zoom-robinhood-pandemic-51625020162?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145186822","content_text":"Unlike his longtime friend and business partner Charlie Munger,Berkshire Hathaway CEO Warren Buffett isn’t a huge fan of Zoom meetings.\n“I did it once or twice, and they had a whole screen of people. I just didn’t figure it was adding to the experience,” Buffett, 90, said in an interview with CNBC that aired Tuesday. “I find the telephone a very satisfactory instrument.”\nMunger, on the other hand, uses the service three times a day. “I think Zoom is here to stay,” Munger said. “It just adds so much convenience.”\n“Well, particularly, if you’re 97,” Buffett quipped, referring to Munger’s age.\nIn an interview with CNBC filmed from Munger’s backyard in Los Angeles after Berkshire Hathaway’s annual meeting in May, the pair also discussed the uneven impact of the pandemic on small businesses, their negative views of trading platform Robinhood, and the dangers of excessive margin.\nOn the impact of the pandemic, Buffett said: “I don’t know how many but many hundreds of thousands or millions of small businesses have been hurt in a terrible way. But most of the big, big companies have overwhelmingly done fine unless they happen to be in cruise lines or hotels or something.”\nMunger said he believes a lot of business travel, among other things, won’t come back following the pandemic. “A lot of people have found they don’t need to be [in an office]. I think all kinds of things are going to happen that we don’t go back to what we did before.”\n“Some people did better than [the U.S.],” Munger added, referring to China’s aggressive response to the virus and subsequent recovery. “They didn’t allow any contact. You picked up your groceries in a box in the apartment and that’s all the contact you had with anybody for six weeks. And, when it was all over, they kind of went back to work. It happened they did it exactly right.”\nMuch of the special was biographical, with Buffett and Munger reflecting on their first meeting and how their friendship-at-first-sight evolved into a decadeslong venture transforming the Berkshire Hathaway textile company into one of the world’s largest conglomerates.\nAsked about Robinhood, Munger called the stock trading app “a gambling parlor masquerading as a respectable business.”\n“[Robinhood] is not encouraging people to buy a very, very, very low-cost index fund and hold it for 50 years,” Buffett said. “I will guarantee you that you will not walk in there, get that advice. Instead, you’ll get advice on how you can trade options.”\nMunger also suggested apps like Robinhood aren’t commission-free because the real costs—namely the process of payment for order flow—are hidden.\n“It’s basically a sleazy, disreputable operation,” Munger said. “And the interesting thing about it is that some good people you would be glad to have marry into your family have backed it.”\nReached for comment, a Robinhood spokesperson referredBarron’sto a May 3 statement from when Munger and Buffett previously criticized the app. “Robinhood has made investing simpler and more accessible to more people — and the public has responded. We are proud of that fact,” Jacqueline Ortiz Ramsay, head of public policy communications at Robinhood,wrote at the time.\nRegarding the blow-up of hedge fund Archegos Capital that resulted in market volatility and major losses at several banks earlier this year, Munger called for more strict margin requirements.\n“The people who are making money out of this unreasonable extension of credit argue for it, and nobody’s speaking against it,” Munger said. “And last time around, we got the correct regulation that came and stayed for a long time on margin debt only because we had the worst depression in the history of the English-speaking world. That’s what it took to get a little sense into the politicians.”","news_type":1,"symbols_score_info":{"ZM":0.9,"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":1142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124744575,"gmtCreate":1624798077597,"gmtModify":1703845278824,"author":{"id":"3585823267449650","authorId":"3585823267449650","name":"Hong02","avatar":"https://static.tigerbbs.com/77750bf556886d7c37db1efb71ef07fd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585823267449650","idStr":"3585823267449650"},"themes":[],"htmlText":"Very good read","listText":"Very good read","text":"Very good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124744575","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":1456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114884271,"gmtCreate":1623066097793,"gmtModify":1704195317154,"author":{"id":"3585823267449650","authorId":"3585823267449650","name":"Hong02","avatar":"https://static.tigerbbs.com/77750bf556886d7c37db1efb71ef07fd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585823267449650","idStr":"3585823267449650"},"themes":[],"htmlText":"This is a good read.","listText":"This is a good read.","text":"This is a good read.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114884271","repostId":"1165309768","repostType":4,"isVote":1,"tweetType":1,"viewCount":1741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":155690966,"gmtCreate":1625408125255,"gmtModify":1703741399303,"author":{"id":"3585823267449650","authorId":"3585823267449650","name":"Hong02","avatar":"https://static.tigerbbs.com/77750bf556886d7c37db1efb71ef07fd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585823267449650","idStr":"3585823267449650"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>dont give up","listText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>dont give up","text":"$Luokung Technology Corp(LKCO)$dont give up","images":[{"img":"https://static.tigerbbs.com/9a6e2b68a44d208838b88015aa86dc7e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155690966","isVote":1,"tweetType":1,"viewCount":2197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153451342,"gmtCreate":1625044653486,"gmtModify":1703850791425,"author":{"id":"3585823267449650","authorId":"3585823267449650","name":"Hong02","avatar":"https://static.tigerbbs.com/77750bf556886d7c37db1efb71ef07fd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585823267449650","idStr":"3585823267449650"},"themes":[],"htmlText":"Great learning","listText":"Great learning","text":"Great learning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153451342","repostId":"1145186822","repostType":4,"repost":{"id":"1145186822","kind":"news","pubTimestamp":1625043845,"share":"https://ttm.financial/m/news/1145186822?lang=&edition=fundamental","pubTime":"2021-06-30 17:04","market":"us","language":"en","title":"Buffett and Munger Talk Zoom, Robinhood, and Lessons From the Pandemic","url":"https://stock-news.laohu8.com/highlight/detail?id=1145186822","media":"Barrons","summary":"Unlike his longtime friend and business partner Charlie Munger,Berkshire Hathaway CEO Warren Buffett","content":"<p>Unlike his longtime friend and business partner Charlie Munger,Berkshire Hathaway CEO Warren Buffett isn’t a huge fan of Zoom meetings.</p>\n<p>“I did it once or twice, and they had a whole screen of people. I just didn’t figure it was adding to the experience,” Buffett, 90, said in an interview with CNBC that aired Tuesday. “I find the telephone a very satisfactory instrument.”</p>\n<p>Munger, on the other hand, uses the service three times a day. “I think Zoom is here to stay,” Munger said. “It just adds so much convenience.”</p>\n<p>“Well, particularly, if you’re 97,” Buffett quipped, referring to Munger’s age.</p>\n<p>In an interview with CNBC filmed from Munger’s backyard in Los Angeles after Berkshire Hathaway’s annual meeting in May, the pair also discussed the uneven impact of the pandemic on small businesses, their negative views of trading platform Robinhood, and the dangers of excessive margin.</p>\n<p>On the impact of the pandemic, Buffett said: “I don’t know how many but many hundreds of thousands or millions of small businesses have been hurt in a terrible way. But most of the big, big companies have overwhelmingly done fine unless they happen to be in cruise lines or hotels or something.”</p>\n<p>Munger said he believes a lot of business travel, among other things, won’t come back following the pandemic. “A lot of people have found they don’t need to be [in an office]. I think all kinds of things are going to happen that we don’t go back to what we did before.”</p>\n<p>“Some people did better than [the U.S.],” Munger added, referring to China’s aggressive response to the virus and subsequent recovery. “They didn’t allow any contact. You picked up your groceries in a box in the apartment and that’s all the contact you had with anybody for six weeks. And, when it was all over, they kind of went back to work. It happened they did it exactly right.”</p>\n<p>Much of the special was biographical, with Buffett and Munger reflecting on their first meeting and how their friendship-at-first-sight evolved into a decadeslong venture transforming the Berkshire Hathaway textile company into one of the world’s largest conglomerates.</p>\n<p>Asked about Robinhood, Munger called the stock trading app “a gambling parlor masquerading as a respectable business.”</p>\n<p>“[Robinhood] is not encouraging people to buy a very, very, very low-cost index fund and hold it for 50 years,” Buffett said. “I will guarantee you that you will not walk in there, get that advice. Instead, you’ll get advice on how you can trade options.”</p>\n<p>Munger also suggested apps like Robinhood aren’t commission-free because the real costs—namely the process of payment for order flow—are hidden.</p>\n<p>“It’s basically a sleazy, disreputable operation,” Munger said. “And the interesting thing about it is that some good people you would be glad to have marry into your family have backed it.”</p>\n<p>Reached for comment, a Robinhood spokesperson referred<i>Barron’s</i>to a May 3 statement from when Munger and Buffett previously criticized the app. “Robinhood has made investing simpler and more accessible to more people — and the public has responded. We are proud of that fact,” Jacqueline Ortiz Ramsay, head of public policy communications at Robinhood,wrote at the time.</p>\n<p>Regarding the blow-up of hedge fund Archegos Capital that resulted in market volatility and major losses at several banks earlier this year, Munger called for more strict margin requirements.</p>\n<p>“The people who are making money out of this unreasonable extension of credit argue for it, and nobody’s speaking against it,” Munger said. “And last time around, we got the correct regulation that came and stayed for a long time on margin debt only because we had the worst depression in the history of the English-speaking world. That’s what it took to get a little sense into the politicians.”</p>","source":"lsy1601382232898","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>Buffett and Munger Talk Zoom, Robinhood, and Lessons From the Pandemic</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\">\nBuffett and Munger Talk Zoom, Robinhood, and Lessons From the Pandemic\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 17:04 GMT+8 <a href=https://www.barrons.com/articles/buffett-munger-zoom-robinhood-pandemic-51625020162?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Unlike his longtime friend and business partner Charlie Munger,Berkshire Hathaway CEO Warren Buffett isn’t a huge fan of Zoom meetings.\n“I did it once or twice, and they had a whole screen of people. ...</p>\n\n<a href=\"https://www.barrons.com/articles/buffett-munger-zoom-robinhood-pandemic-51625020162?mod=hp_LEADSUPP_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom","BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.barrons.com/articles/buffett-munger-zoom-robinhood-pandemic-51625020162?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145186822","content_text":"Unlike his longtime friend and business partner Charlie Munger,Berkshire Hathaway CEO Warren Buffett isn’t a huge fan of Zoom meetings.\n“I did it once or twice, and they had a whole screen of people. I just didn’t figure it was adding to the experience,” Buffett, 90, said in an interview with CNBC that aired Tuesday. “I find the telephone a very satisfactory instrument.”\nMunger, on the other hand, uses the service three times a day. “I think Zoom is here to stay,” Munger said. “It just adds so much convenience.”\n“Well, particularly, if you’re 97,” Buffett quipped, referring to Munger’s age.\nIn an interview with CNBC filmed from Munger’s backyard in Los Angeles after Berkshire Hathaway’s annual meeting in May, the pair also discussed the uneven impact of the pandemic on small businesses, their negative views of trading platform Robinhood, and the dangers of excessive margin.\nOn the impact of the pandemic, Buffett said: “I don’t know how many but many hundreds of thousands or millions of small businesses have been hurt in a terrible way. But most of the big, big companies have overwhelmingly done fine unless they happen to be in cruise lines or hotels or something.”\nMunger said he believes a lot of business travel, among other things, won’t come back following the pandemic. “A lot of people have found they don’t need to be [in an office]. I think all kinds of things are going to happen that we don’t go back to what we did before.”\n“Some people did better than [the U.S.],” Munger added, referring to China’s aggressive response to the virus and subsequent recovery. “They didn’t allow any contact. You picked up your groceries in a box in the apartment and that’s all the contact you had with anybody for six weeks. And, when it was all over, they kind of went back to work. It happened they did it exactly right.”\nMuch of the special was biographical, with Buffett and Munger reflecting on their first meeting and how their friendship-at-first-sight evolved into a decadeslong venture transforming the Berkshire Hathaway textile company into one of the world’s largest conglomerates.\nAsked about Robinhood, Munger called the stock trading app “a gambling parlor masquerading as a respectable business.”\n“[Robinhood] is not encouraging people to buy a very, very, very low-cost index fund and hold it for 50 years,” Buffett said. “I will guarantee you that you will not walk in there, get that advice. Instead, you’ll get advice on how you can trade options.”\nMunger also suggested apps like Robinhood aren’t commission-free because the real costs—namely the process of payment for order flow—are hidden.\n“It’s basically a sleazy, disreputable operation,” Munger said. “And the interesting thing about it is that some good people you would be glad to have marry into your family have backed it.”\nReached for comment, a Robinhood spokesperson referredBarron’sto a May 3 statement from when Munger and Buffett previously criticized the app. “Robinhood has made investing simpler and more accessible to more people — and the public has responded. We are proud of that fact,” Jacqueline Ortiz Ramsay, head of public policy communications at Robinhood,wrote at the time.\nRegarding the blow-up of hedge fund Archegos Capital that resulted in market volatility and major losses at several banks earlier this year, Munger called for more strict margin requirements.\n“The people who are making money out of this unreasonable extension of credit argue for it, and nobody’s speaking against it,” Munger said. “And last time around, we got the correct regulation that came and stayed for a long time on margin debt only because we had the worst depression in the history of the English-speaking world. That’s what it took to get a little sense into the politicians.”","news_type":1,"symbols_score_info":{"ZM":0.9,"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":1142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157133703,"gmtCreate":1625571094802,"gmtModify":1703743973817,"author":{"id":"3585823267449650","authorId":"3585823267449650","name":"Hong02","avatar":"https://static.tigerbbs.com/77750bf556886d7c37db1efb71ef07fd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585823267449650","idStr":"3585823267449650"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/QTT\">$Qutoutiao(QTT)$</a>Holding on","listText":"<a href=\"https://laohu8.com/S/QTT\">$Qutoutiao(QTT)$</a>Holding on","text":"$Qutoutiao(QTT)$Holding on","images":[{"img":"https://static.tigerbbs.com/89e779843853594a055e6accba79cdfe","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157133703","isVote":1,"tweetType":1,"viewCount":1118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":155607923,"gmtCreate":1625408043062,"gmtModify":1703741396997,"author":{"id":"3585823267449650","authorId":"3585823267449650","name":"Hong02","avatar":"https://static.tigerbbs.com/77750bf556886d7c37db1efb71ef07fd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585823267449650","idStr":"3585823267449650"},"themes":[],"htmlText":"This a great news","listText":"This a great news","text":"This a great news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155607923","repostId":"1165340887","repostType":4,"repost":{"id":"1165340887","kind":"news","pubTimestamp":1625257396,"share":"https://ttm.financial/m/news/1165340887?lang=&edition=fundamental","pubTime":"2021-07-03 04:23","market":"us","language":"en","title":"U.S. stocks sweep to fresh highs after strong jobs report","url":"https://stock-news.laohu8.com/highlight/detail?id=1165340887","media":"yahoo","summary":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.The S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Sh","content":"<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.</p>\n<p>The S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.</p>\n<p>Investorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.</p>\n<p>\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"</p>\n<p>Heading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.</p>\n<p>\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"</p>\n<p>Friday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.</p>\n<p>“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"</p>\n<p>Still, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.</p>\n<p>\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"</p>\n<p>Even with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.</p>\n<p>“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.</p>\n<p>4:01 p.m. ET: Stocks close higher, S&P 500 posts longest winning streak since August 2020</p>\n<p>Here's where markets closed out on Friday:</p>\n<ul>\n <li><p><b>S&P 500 (^GSPC)</b>: +32.51 (+0.75%) to 4,352.45</p></li>\n <li><p><b>Dow (^DJI)</b>: +154.4 (+0.45%) to 34,787.93</p></li>\n <li><p><b>Nasdaq (^IXIC)</b>: +116.95 (+0.81%) to 14,639.33</p></li>\n</ul>","source":"lsy1584348713084","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks sweep to fresh highs after strong jobs report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 04:23 GMT+8 <a href=https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165340887","content_text":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.\nInvestorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.\n\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"\nHeading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.\n\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"\nFriday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.\n“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"\nStill, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.\n\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"\nEven with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.\n“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.\n4:01 p.m. ET: Stocks close higher, S&P 500 posts longest winning streak since August 2020\nHere's where markets closed out on Friday:\n\nS&P 500 (^GSPC): +32.51 (+0.75%) to 4,352.45\nDow (^DJI): +154.4 (+0.45%) to 34,787.93\nNasdaq (^IXIC): +116.95 (+0.81%) to 14,639.33","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114884271,"gmtCreate":1623066097793,"gmtModify":1704195317154,"author":{"id":"3585823267449650","authorId":"3585823267449650","name":"Hong02","avatar":"https://static.tigerbbs.com/77750bf556886d7c37db1efb71ef07fd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585823267449650","idStr":"3585823267449650"},"themes":[],"htmlText":"This is a good read.","listText":"This is a good read.","text":"This is a good read.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114884271","repostId":"1165309768","repostType":4,"isVote":1,"tweetType":1,"viewCount":1741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124744575,"gmtCreate":1624798077597,"gmtModify":1703845278824,"author":{"id":"3585823267449650","authorId":"3585823267449650","name":"Hong02","avatar":"https://static.tigerbbs.com/77750bf556886d7c37db1efb71ef07fd","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585823267449650","idStr":"3585823267449650"},"themes":[],"htmlText":"Very good read","listText":"Very good read","text":"Very good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124744575","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":1456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}