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2021-08-15

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2021-09-12

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2021-09-21

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Why the Stock Market Tanked Monday—and What to Do About It

2021-08-21

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2021-08-03

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2021-09-23

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16:52","market":"us","language":"en","title":"Stock Futures Point to Extended Rally, as Evergrande Payment Looms","url":"https://stock-news.laohu8.com/highlight/detail?id=1138053742","media":"The Wall Street Journal","summary":"Investors express cautious hope that trouble at indebted property giant China Evergrande can be cont","content":"<blockquote>\n <b>Investors express cautious hope that trouble at indebted property giant China Evergrande can be contained.</b>\n</blockquote>\n<p>U.S. stock futures rose, pointing to gains for major indexes as investors remained upbeat that trouble with property giant China Evergrande Group can be contained.</p>\n<p>Futures for the S&amp;P 500 rose 0.5% Thursday, a day after a Federal Reserve policy update sent the stocks gauge to itsbiggest one-day gain since July. Contracts for the Dow Jones Industrial Average also added 0.5% and futures for the technology-focused Nasdaq-100 ticked up 0.3%.</p>\n<p>Markets have been consumed this week with questions surrounding Evergrande, China’s largest property developer. Many fear its collapse could spread economic pain through the world’s second largest economy, with spillovers into global financial markets. The heavily indebted company has issued billions of dollars of bonds to international investors, with many trading for a fraction of their face value.</p>\n<p>However, fears around its possible collapse appear to have ebbed—at least temporarily. Evergrande has an $83.5 million coupon payment due Thursday on its U.S. dollar bonds and hadn’t given an indication of whether it will miss the payment. On Wednesday, the company’s flagship property business said it would make aninterest payment on an onshore bond, giving Evergrande more time to work out what investors expect will be a lengthy and complicated restructuring.</p>\n<p>Hong Kong-listed shares of Evergrande jumped 18%, though remain down 82% for the year. Hong Kong’s Hang Seng Index, which bore the brunt of the selling pressure at the start of the week, jumped 1%. China’s Shanghai Composite Index rose 0.4%.</p>\n<p>“The consensus view is that ultimately the Chinese will control this,” said John Roe, head of multi-asset funds at Legal and General Investment Management. “The worry is that if you worry about Evergrande you worry about all the other developers.”</p>\n<p>Overseas markets were broadly higher. The Stoxx Europe 600 rose 0.8%, led by shares of technology, auto and retail companies.</p>\n<p>Weekly jobless claims data are due at 8:30 a.m. ET. Economists surveyed by The Wall Street Journal estimate that unemployment claims, a proxy for layoffs, declined to 320,000 in the week ended Sept. 18, from 332,000 the prior week.</p>\n<p>Also upcoming, surveys of purchasing managers from a number of large economies will be scrutinized for signs of a further slowdown in global growth during September.IHS Markitis due to release figures for the U.S service and manufacturing sectors at 9:45 a.m.</p>\n<p>The Bank of England is expected to keep monetary policy on hold in the face of rising inflation when the central bank releases its latest decision at 7 a.m. The pound strengthened 0.2% to trade at $1.3654.</p>\n<p>Investors also were digesting the Federal Reserve’s decision to tee up a reversal of its pandemic stimulus measures in November. New projections released at the end of the Fed’s two-day policy meeting Wednesday showed half of 18 officialsexpect to raise interest ratesby the end of 2022.</p>\n<p>That has given money managers confidence the Fed won’t allow the current bout of inflation to become entrenched, according to Mr. Roe. “The most interesting thing about both the current statement and also the last couple of statements has almost been a rowing back on the idea they’re really going to let inflation rip before they take action,” he said.</p>\n<p>In the bond market, the yield on 10-year Treasury notes ticked down to 1.331% from 1.332% Wednesday. Yields move in the opposite direction to bond prices.</p>\n<p>Commodity prices were stable. Brent-crude futures edged up 0.2% to $75.52 a barrel.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Futures Point to Extended Rally, as Evergrande Payment Looms</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\">\nStock Futures Point to Extended Rally, as Evergrande Payment Looms\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/global-stock-markets-dow-update-09-23-2021-11632382759><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors express cautious hope that trouble at indebted property giant China Evergrande can be contained.\n\nU.S. stock futures rose, pointing to gains for major indexes as investors remained upbeat ...</p>\n\n<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-09-23-2021-11632382759\">Source 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","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/global-stock-markets-dow-update-09-23-2021-11632382759","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138053742","content_text":"Investors express cautious hope that trouble at indebted property giant China Evergrande can be contained.\n\nU.S. stock futures rose, pointing to gains for major indexes as investors remained upbeat that trouble with property giant China Evergrande Group can be contained.\nFutures for the S&P 500 rose 0.5% Thursday, a day after a Federal Reserve policy update sent the stocks gauge to itsbiggest one-day gain since July. Contracts for the Dow Jones Industrial Average also added 0.5% and futures for the technology-focused Nasdaq-100 ticked up 0.3%.\nMarkets have been consumed this week with questions surrounding Evergrande, China’s largest property developer. Many fear its collapse could spread economic pain through the world’s second largest economy, with spillovers into global financial markets. The heavily indebted company has issued billions of dollars of bonds to international investors, with many trading for a fraction of their face value.\nHowever, fears around its possible collapse appear to have ebbed—at least temporarily. Evergrande has an $83.5 million coupon payment due Thursday on its U.S. dollar bonds and hadn’t given an indication of whether it will miss the payment. On Wednesday, the company’s flagship property business said it would make aninterest payment on an onshore bond, giving Evergrande more time to work out what investors expect will be a lengthy and complicated restructuring.\nHong Kong-listed shares of Evergrande jumped 18%, though remain down 82% for the year. Hong Kong’s Hang Seng Index, which bore the brunt of the selling pressure at the start of the week, jumped 1%. China’s Shanghai Composite Index rose 0.4%.\n“The consensus view is that ultimately the Chinese will control this,” said John Roe, head of multi-asset funds at Legal and General Investment Management. “The worry is that if you worry about Evergrande you worry about all the other developers.”\nOverseas markets were broadly higher. The Stoxx Europe 600 rose 0.8%, led by shares of technology, auto and retail companies.\nWeekly jobless claims data are due at 8:30 a.m. ET. Economists surveyed by The Wall Street Journal estimate that unemployment claims, a proxy for layoffs, declined to 320,000 in the week ended Sept. 18, from 332,000 the prior week.\nAlso upcoming, surveys of purchasing managers from a number of large economies will be scrutinized for signs of a further slowdown in global growth during September.IHS Markitis due to release figures for the U.S service and manufacturing sectors at 9:45 a.m.\nThe Bank of England is expected to keep monetary policy on hold in the face of rising inflation when the central bank releases its latest decision at 7 a.m. The pound strengthened 0.2% to trade at $1.3654.\nInvestors also were digesting the Federal Reserve’s decision to tee up a reversal of its pandemic stimulus measures in November. New projections released at the end of the Fed’s two-day policy meeting Wednesday showed half of 18 officialsexpect to raise interest ratesby the end of 2022.\nThat has given money managers confidence the Fed won’t allow the current bout of inflation to become entrenched, according to Mr. Roe. “The most interesting thing about both the current statement and also the last couple of statements has almost been a rowing back on the idea they’re really going to let inflation rip before they take action,” he said.\nIn the bond market, the yield on 10-year Treasury notes ticked down to 1.331% from 1.332% Wednesday. Yields move in the opposite direction to bond prices.\nCommodity prices were stable. Brent-crude futures edged up 0.2% to $75.52 a barrel.","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863627301,"gmtCreate":1632388675203,"gmtModify":1676530770171,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/863627301","repostId":"2169669996","repostType":2,"isVote":1,"tweetType":1,"viewCount":3737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869574316,"gmtCreate":1632311742835,"gmtModify":1676530749061,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869574316","repostId":"1105083308","repostType":2,"isVote":1,"tweetType":1,"viewCount":2890,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869097423,"gmtCreate":1632225603362,"gmtModify":1676530728345,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/869097423","repostId":"1173746472","repostType":2,"repost":{"id":"1173746472","kind":"news","pubTimestamp":1632221699,"share":"https://ttm.financial/m/news/1173746472?lang=en_US&edition=fundamental","pubTime":"2021-09-21 18:54","market":"us","language":"en","title":"Why the Stock Market Tanked Monday—and What to Do About It","url":"https://stock-news.laohu8.com/highlight/detail?id=1173746472","media":"MarketWatch","summary":"The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all","content":"<p>The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.</p>\n<p>The S&amp;P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&amp;P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.</p>\n<p>While Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&amp;P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.</p>\n<p>Supply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.</p>\n<p>“One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”</p>\n<p>The other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&amp;P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&amp;P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.</p>\n<p>There’s a good chance it won’t. One major reason the S&amp;P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.</p>\n<p>There’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&amp;P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.</p>\n<p>Combine the lower valuations with the drop in earnings estimates and the S&amp;P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&amp;P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.</p>\n<p>That means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&amp;P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.</p>\n<p>Of course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.</p>\n<p>Sometimes, it’s better to be safe than sorry.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why the Stock Market Tanked Monday—and What to Do About It</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy the Stock Market Tanked Monday—and What to Do About It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.\nThe S&P 500 dropped 1.7%...</p>\n\n<a href=\"https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173746472","content_text":"The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.\nThe S&P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.\nWhile Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.\nSupply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.\n“One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”\nThe other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.\nThere’s a good chance it won’t. One major reason the S&P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.\nThere’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.\nCombine the lower valuations with the drop in earnings estimates and the S&P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.\nThat means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.\nOf course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.\nSometimes, it’s better to be safe than sorry.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":3713,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869097231,"gmtCreate":1632225578423,"gmtModify":1676530728345,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/869097231","repostId":"1152381132","repostType":2,"repost":{"id":"1152381132","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":1632223927,"share":"https://ttm.financial/m/news/1152381132?lang=en_US&edition=fundamental","pubTime":"2021-09-21 19:32","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1152381132","media":"Tiger Newspress","summary":"U.S. stock futures are up.\nOil ends days of losses.\nKey central bank meetings this week in US, Brita","content":"<ul>\n <li>U.S. stock futures are up.</li>\n <li>Oil ends days of losses.</li>\n <li>Key central bank meetings this week in US, Britain, Japan.</li>\n</ul>\n<p>(Sept 21)&nbsp;U.S. stock futures are up,&nbsp;suggesting markets are poised to rebound&nbsp;a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.</p>\n<p>At 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&amp;P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109&nbsp;points, or 0.73%.</p>\n<p><img src=\"https://static.tigerbbs.com/7fffdf1b0c371cce64957069d1ca4fc9\" tg-width=\"1235\" tg-height=\"515\" referrerpolicy=\"no-referrer\">Vix's decline has narrowed, and VIX is currently down by 9.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/0b75218effa7b005d0ef2ecef92e270e\" tg-width=\"1110\" tg-height=\"563\" referrerpolicy=\"no-referrer\"><b>What to Watch When the Stock Market Opens Today:</b></p>\n<ul>\n <li>U.S.-listed Chinese stocks start to recover from Monday’s slump in&nbsp;premarket&nbsp;trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.</li>\n <li><a href=\"https://laohu8.com/S/UBER\">Uber</a> Technologies&nbsp;rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.</li>\n <li>Uber’s riva&nbsp;lLyft&nbsp;added 1.9% in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/USB\">U.S. Bancorp</a>&nbsp;shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the <a href=\"https://laohu8.com/S/WSTC\">West</a> Coast, for about $8 billion.</li>\n <li><a href=\"https://laohu8.com/S/LEN\">Lennar</a> .&nbsp;fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.</li>\n <li><a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>&nbsp;ticked up 1% after the oil-and-gas company said it hadagreed to buy all of <a href=\"https://laohu8.com/S/RGLD\">Royal</a> Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.</li>\n <li><a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleum,&nbsp;<a href=\"https://laohu8.com/S/DVN\">Devon</a> EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.</li>\n <li><a href=\"https://laohu8.com/S/DOW\">Dow Chemical</a> gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.</li>\n <li><a href=\"https://laohu8.com/S/VRCA\">Verrica Pharmaceuticals Inc.</a> plunges 30% in&nbsp;premarket&nbsp;trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum</li>\n <li><a href=\"https://laohu8.com/S/RWLK\">ReWalk Robotics</a> shares jump 43% in U.S.&nbsp;premarket&nbsp;trading amid a spike in volume in the stock. Being discussed on StockTwits.</li>\n <li><a href=\"https://laohu8.com/S/APRE\">Aprea Therapeutics, Inc.</a> gains 21% in U.S.&nbsp;premarket&nbsp;trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.</li>\n <li><a href=\"https://laohu8.com/S/SDC\">SmileDirectClub, Inc.</a> slightly higher in&nbsp;premarket&nbsp;trading after it said on Monday that it plans to enter France with an initial location in Paris.</li>\n <li><a href=\"https://laohu8.com/S/KAR\">KAR Auction</a> shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.</li>\n <li><a href=\"https://laohu8.com/S/SRAD\">Sportradar Group AG</a> shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.</li>\n <li><a href=\"https://laohu8.com/S/OEG\">Orbital Energy Group</a> gained 6% postmarket Monday after a unit won a contract &nbsp;to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.</li>\n</ul>\n<p><b>Bitcoin</b> prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.</p>\n<p><b>In FX, </b>the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.</p>\n<p><b>In rates, </b>Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;<b>10-year yields around 1.3226%,</b>cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result</p>\n<p><b>In commodities, </b>crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer</p>\n<p>Looking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-21 19:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>U.S. stock futures are up.</li>\n <li>Oil ends days of losses.</li>\n <li>Key central bank meetings this week in US, Britain, Japan.</li>\n</ul>\n<p>(Sept 21)&nbsp;U.S. stock futures are up,&nbsp;suggesting markets are poised to rebound&nbsp;a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.</p>\n<p>At 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&amp;P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109&nbsp;points, or 0.73%.</p>\n<p><img src=\"https://static.tigerbbs.com/7fffdf1b0c371cce64957069d1ca4fc9\" tg-width=\"1235\" tg-height=\"515\" referrerpolicy=\"no-referrer\">Vix's decline has narrowed, and VIX is currently down by 9.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/0b75218effa7b005d0ef2ecef92e270e\" tg-width=\"1110\" tg-height=\"563\" referrerpolicy=\"no-referrer\"><b>What to Watch When the Stock Market Opens Today:</b></p>\n<ul>\n <li>U.S.-listed Chinese stocks start to recover from Monday’s slump in&nbsp;premarket&nbsp;trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.</li>\n <li><a href=\"https://laohu8.com/S/UBER\">Uber</a> Technologies&nbsp;rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.</li>\n <li>Uber’s riva&nbsp;lLyft&nbsp;added 1.9% in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/USB\">U.S. Bancorp</a>&nbsp;shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the <a href=\"https://laohu8.com/S/WSTC\">West</a> Coast, for about $8 billion.</li>\n <li><a href=\"https://laohu8.com/S/LEN\">Lennar</a> .&nbsp;fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.</li>\n <li><a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>&nbsp;ticked up 1% after the oil-and-gas company said it hadagreed to buy all of <a href=\"https://laohu8.com/S/RGLD\">Royal</a> Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.</li>\n <li><a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleum,&nbsp;<a href=\"https://laohu8.com/S/DVN\">Devon</a> EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.</li>\n <li><a href=\"https://laohu8.com/S/DOW\">Dow Chemical</a> gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.</li>\n <li><a href=\"https://laohu8.com/S/VRCA\">Verrica Pharmaceuticals Inc.</a> plunges 30% in&nbsp;premarket&nbsp;trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum</li>\n <li><a href=\"https://laohu8.com/S/RWLK\">ReWalk Robotics</a> shares jump 43% in U.S.&nbsp;premarket&nbsp;trading amid a spike in volume in the stock. Being discussed on StockTwits.</li>\n <li><a href=\"https://laohu8.com/S/APRE\">Aprea Therapeutics, Inc.</a> gains 21% in U.S.&nbsp;premarket&nbsp;trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.</li>\n <li><a href=\"https://laohu8.com/S/SDC\">SmileDirectClub, Inc.</a> slightly higher in&nbsp;premarket&nbsp;trading after it said on Monday that it plans to enter France with an initial location in Paris.</li>\n <li><a href=\"https://laohu8.com/S/KAR\">KAR Auction</a> shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.</li>\n <li><a href=\"https://laohu8.com/S/SRAD\">Sportradar Group AG</a> shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.</li>\n <li><a href=\"https://laohu8.com/S/OEG\">Orbital Energy Group</a> gained 6% postmarket Monday after a unit won a contract &nbsp;to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.</li>\n</ul>\n<p><b>Bitcoin</b> prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.</p>\n<p><b>In FX, </b>the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.</p>\n<p><b>In rates, </b>Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;<b>10-year yields around 1.3226%,</b>cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result</p>\n<p><b>In commodities, </b>crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer</p>\n<p>Looking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","USB":"美国合众银行",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152381132","content_text":"U.S. stock futures are up.\nOil ends days of losses.\nKey central bank meetings this week in US, Britain, Japan.\n\n(Sept 21) U.S. stock futures are up, suggesting markets are poised to rebound a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.\nAt 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109 points, or 0.73%.\nVix's decline has narrowed, and VIX is currently down by 9.33%.\nWhat to Watch When the Stock Market Opens Today:\n\nU.S.-listed Chinese stocks start to recover from Monday’s slump in premarket trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.\nUber Technologies rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.\nUber’s riva lLyft added 1.9% in premarket trading.\nU.S. Bancorp shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the West Coast, for about $8 billion.\nLennar . fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.\nConocoPhillips ticked up 1% after the oil-and-gas company said it hadagreed to buy all of Royal Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.\nOccidental Petroleum, Devon EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.\nDow Chemical gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.\nVerrica Pharmaceuticals Inc. plunges 30% in premarket trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum\nReWalk Robotics shares jump 43% in U.S. premarket trading amid a spike in volume in the stock. Being discussed on StockTwits.\nAprea Therapeutics, Inc. gains 21% in U.S. premarket trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.\nSmileDirectClub, Inc. slightly higher in premarket trading after it said on Monday that it plans to enter France with an initial location in Paris.\nKAR Auction shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.\nSportradar Group AG shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.\nOrbital Energy Group gained 6% postmarket Monday after a unit won a contract  to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.\n\nBitcoin prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.\nIn FX, the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.\nIn rates, Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;10-year yields around 1.3226%,cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result\nIn commodities, crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer\nLooking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.","news_type":1,"symbols_score_info":{".DJI":0.9,"USB":0.9,".SPX":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":3588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887927032,"gmtCreate":1631962191026,"gmtModify":1676530679110,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887927032","repostId":"2168553579","repostType":2,"repost":{"id":"2168553579","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":1631910645,"share":"https://ttm.financial/m/news/2168553579?lang=en_US&edition=fundamental","pubTime":"2021-09-18 04:30","market":"fut","language":"en","title":"LIVE MARKETS-U.S. stocks tumble as S&P 500 suffers 50-day fumble","url":"https://stock-news.laohu8.com/highlight/detail?id=2168553579","media":"Reuters","summary":"* Major U.S. indexes close lower; transports hit harder   * S&P 500 ends below 50-DMA, DJI ends belo","content":"<html><body><p>* Major U.S. indexes close lower; transports hit harder</p><p>   * S&amp;P 500 ends below 50-DMA, DJI ends below 100-DMA</p><p>   * Materials weakest major S&amp;P sector; healthcare sole gainer</p><p>   * Dollar up; gold, crude bitcoin dip</p><p>   * U.S. 10-Year Treasury yield ~1.37%</p><p>    Sept 17 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   U.S. STOCKS TUMBLE AS S&amp;P 500 SUFFERS 50-DAY FUMBLE (1605 EDT/2005 GMT)</p><p>   Wall Street saw an across-the-board tumble on Friday, rounding out a topsy-turvy week in which investors juggled signs of economic strength with concerns over corporate tax increases, stress from the Delta COVID variant, and possible shifts in the U.S. Federal Reserve's timeline for tapering asset purchases.</p><p>   With Friday's action, the market suffered more technical damage. The S&amp;P 500 index    ended at about 4,433, which was just below its rising 50-day moving average <a href=\"https://laohu8.com/S/DMA.AU\">$(DMA.AU)$</a> at slightly  over 4,436. That was the index's first close below the 50-DMA since June 18. This closely watched intermediate-term moving average has proven to be good support in 2021  , so the break may have the potential to usher in a more significant decline.</p><p>   Traders will now look to see if on Monday the benchmark index suffers a second-straight closing violation of this moving average. That's something the SPX has not done since early November of last year.</p><p>   Meanwhile, for the second time this week, the Dow Jones Industrial Average   , at about 34,585, ended below its 100-DMA, which is now around 34,670.</p><p>   The Dow Transportation Average    closed at about 14,268, or less than 0.5% above its 200-DMA, which is at 14,214. The DJT has not ended below this long-term moving average since mid-July of last year.</p><p>   In any event, with this there were few bright spots on Friday. Though small caps    and the healthcare sector</p><p>  did post small rises.</p><p>   Here is Friday's closing snapshot:</p><p>   (Terence Gabriel)</p><p>   ***** </p><p>   INVESTORS TRY TO SORT OUT SUPPLY SHORTAGES (1339 EDT/1739 GMT)</p><p>   As part of the most recent American Association of Individual Investors (AAII) Sentiment Survey  , AAII polled its members for what impact supply shortages are having on their outlook for stocks.</p><p>   AAII reported that 32% of respondents said that they feel the supply shortage could have a negative impact, predicting a \"decrease in sales and lackluster earnings.\"      </p><p>   That said, 31% of respondents stated that it is having little to no impact on their outlook.</p><p>   Meanwhile, about 19% of respondents expressed a mixed outlook on the impact of supply shortages, implying it \"could help some industries but hurt others.\"</p><p>   Finally, 10% of respondents had positive sentiments toward supply shortages, citing \"recovery.\" One noted that it could give companies \"pricing power.\" About 7% of responses fell into the “other” category. </p><p>   Here are a couple of quotes from investors on the matter:</p><p>   “Sales are going to be limited this year and earnings per share <a href=\"https://laohu8.com/S/EPS\">$(EPS)$</a> will fall dramatically.”</p><p>   “Not much. I think low interest rates and strong earnings will fuel a continued bullish outlook for stocks. I do expect a correction during this time frame with a quick reversal.”     </p><p>   (Terence Gabriel)</p><p>   *****</p><p>   KEEPING THE EQUITIES WEIGHT ON (1240 EDT/1640 GMT)</p><p>   Despite concerns U.S. economic growth has peaked and with Federal Reserve tapering and potential tax hikes looming, Truist Advisory Services says it remains overweight equities.</p><p>   \"While many of the aforementioned factors are likely to lead to a continuation of a choppier market backdrop, the weight of the evidence in our work suggests the path of least resistance for the market over the next 12 months remains higher, albeit at a moderating pace,\" Truist Chief Market Strategist Keith Lerner said in a report on Thursday. </p><p>   He noted that economic growth, which slowed over the summer amid supply constraints and a surge in COVID-19's Delta variant, \"has more likely been deferred rather than lost.\"</p><p>   \"We now expect roughly 6.2% U.S. economic growth for this year and a healthy 4.5% pace next year, which would still be about double the pre-pandemic trend,\" Lerner said.</p><p>   As for the Fed reducing its $120 billion in monthly purchases of Treasuries and mortgage-backed securities, the report pointed out the economy is in \"a much stronger position relative to the last taper in 2013,\" during which time the S&amp;P 500    climbed about 10%. </p><p>   With the U.S. Congress considering higher corporate and capital gains tax rates, Lerner said tax policy's impact on market returns and economic growth has been inconsistent. </p><p>   \"Despite a tax increase in 2013, stocks rose more than 30%. Conversely, in 2018, despite tax cuts, stocks dropped about  4%,\" he said in the report.</p><p>   Lerner added that the business cycle tends to overwhelm tax policy and the path of the coronavirus will likely have a more significant impact on the economy and markets next year. </p><p>   (Karen Pierog)</p><p>   *****</p><p>   THAT'S THREE STRAIGHT WEEKS IN THE RED FOR EUROPE (1150 EDT/1550 GMT)</p><p>   This afternoon's selloff continued unabated till the bell rang on European stock markets which saw the STOXX 600 end down 0.9%, and close to its lowest level for the day.</p><p>   It's the third week of losses in a row and so far this month, the pan-European index is down about 2% and on course for its first monthly drop since January. </p><p>   Looking at the culprits for the losses sustained today, miners and basic materials stand guilty with the sector down 3.8%, its fifth worse session of 2021. </p><p>   Losses were well spread though with industrials also taking big hits while the travel and leisure space was up another 1.3%, boosted by possible relaxation of travel restrictions to the UK.</p><p>   Overall, September seems to be true to its difficult  reputation for stock markets. </p><p>   The direction of travel for the remainder of the month is  pretty much elusive. </p><p>   \"Although still fairly measured at present, this current selloff has the potential to be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most dramatic pullbacks we have seen all year, as inflation, stagflation, slowdown and virus risks all combine to knock back European and US markets\", wrote Chris Beauchamp at IG. </p><p>   \"If the caution we have seen this week does carry over into Monday and beyond, then the next Fed meeting provides another reason to tread carefully\", he added. </p><p>    (Julien Ponthus) </p><p>   *****</p><p>   CONSUMERS: <a href=\"https://laohu8.com/S/FUTR.UK\">FUTURE</a> LESS DIRE, BUT PURCHASES POSTPONED UNTIL INFLATION WAVE PASSES (1127 EDT/1527 GMT)</p><p>   The American consumer, that economic tentpole who's responsible for about 70% of U.S. GDP, has grown just a tad less grumpy as we head into fall, even as near-term inflation expectations grow slightly hotter and the Delta monster still lurks in the closet.    </p><p>   The University of Michigan released its initial take on consumer sentiment    for September, delivering a reading of 71, a disappointingly weak 0.7 point rebound from the prior month's plunge and a full point below consensus.</p><p>   \"The steep August falloff in consumer sentiment ended in early September, but the small gain still meant that consumers expected the least favorable economic prospects in more than a decade,\" writes Richard Curtin, Umich's Surveys of Consumers chief economist.</p><p>   An uptick in the expectations component offset a slight deterioration in current conditions, with buying attitudes for household durable goods touching the lowest level since 1980, according to Curtin.</p><p>   But Ian Shepherdson, chief economist at Pantheon Macroeconomics, echoed Curtin's belief that the August nadir was a \"fight or flight response\" to resurgent COVID cases due to the Delta variant.</p><p>   \"By the time of the next survey, we expect it to be clear that Delta is in full retreat, so confidence should start to rebound,\" Shepherdson says.</p><p>   With respect to inflation, survey participants now see near-term prices spiking to 4.7%, hotter than the previous print, before settling at 2.9% over the longer-term, unchanged from August.</p><p>   The report continues to bolster the Fed's inflation line, that the current wave of price spikes associated with economic reopening are merely a passing phase.</p><p>   But if they're right, and 5-year inflation hangs that far above the central bank's average annual 2% target, the interest rate hike timeline could happen sooner than analysts expect.</p><p>   Heightened near-term inflation expectations also appear to be affecting consumers' purchasing plans.</p><p>   \"Consumers have initially reacted by viewing the rise in inflation as transitory, believing that prices will stabilize or could even fall in the future,\" Curtin adds. \"As a result, postponing purchases is seen as a viable strategy.\"</p><p>   The report did little to convince Wall Street not to sell off as it marches toward to conclusion of a seesaw week.</p><p>   All three major U.S. stock indexes are solidly red, with chips   , materials    and tech    redder than most.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   IPO MARKET OFF TO THE RACES (1101 EDT/1501 GMT)</p><p>   The IPO market got off to a fast start post-Labor day and this week's batch of deals has delivered handsome returns. Nearly all 10 offerings, which raised at least $50 million, are in positive territory, sporting an average return of about 54%: </p><p>    Strong deal performance leads to more deals. That said, there are 14 IPOs on next week's docket. A current near-term calendar, by anticipated debut date and approximate deal size, is below:</p><p>   Sept 22:</p><p>   <a href=\"https://laohu8.com/S/FRSH\">Freshworks</a>    (software) ($900m)</p><p>   Aka Brands    (fashion) ($250m)</p><p>   Toast    (restaurant software) ($700m)</p><p>   VersaBank    (Canada, banking) ($50m NYSE)</p><p>   Sept 23:</p><p>   Argo Blockchain    (UK, bitcoin mining) ($150m Nasdaq)</p><p>   Brilliant Earth    (jewelry) ($250m)</p><p>   <a href=\"https://laohu8.com/S/KDC\">Knowlton Development</a>    (Canada, consumer products) ($800M dual-listed)</p><p>   Remitly Global    (financial software) ($480m)</p><p>   Sovos Brands    (branded foods) ($350m)</p><p>   Sterling Check    (background checks) ($300m)</p><p>   <a href=\"https://laohu8.com/S/THRN\">Thorne Healthtech</a>    (health supplements) ($125m)</p><p>   EngageSmart    (software) ($350m)</p><p>   Sept 24:</p><p>   Clearwater Analytics    (financial software) ($450m)</p><p>   Cue Health    (healthcare tech) ($200m)</p><p>   (Lance Tupper)</p><p>   *****</p><p>   U.S. INDEXES PLAY A 50, 100, 200 GAME (1018 EDT/1418 GMT)</p><p>   U.S. stocks are lower early Friday with major technology firms weighing the most, while uncertainty over higher corporate taxes and an upcoming Federal Reserve meeting may be keeping traders on the sidelines.   </p><p>   Meanwhile, a number of indexes continue to flirt with closely watched moving averages.</p><p>   The S&amp;P 500   , at around 4,445, is just above its rising 50-day moving average (DMA), which now resides around 4,436.</p><p>   The Dow Jones Industrial Average   , at around 34,600, has been churning around its sticky 100-day moving average, which is now around 34,670.</p><p>   This, as the Dow Jones Transportation Average   , at around 14,365, is once again nearing its rising 200-DMA, which is now around 14,200.</p><p>   Traders will certainly take note if these indexes close below these moving averages in concert.</p><p>   Here is where markets stand:</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   A WEEK FOR THE HAWKS (0952 EDT/1352 GMT)</p><p>   Next week will be quite an exciting one for central banking hawks who will see the first interest rate hike from a developed country since the pandemic -- Norway is expected to raise rates to 0.25% on Thursday. </p><p>   Granted, it wouldn't be a game changer for world markets but it could set the tone moving forward.</p><p>   In any case, Norway may be a sideshow on Thursday which may be dominated by the question of whether the Bank of England signals when it might push the hike button. </p><p>   Traders are pricing a rate rise next May but with consumer price growing at a 9-year high in August, many now believe it could come sooner. Unicredit economists for instance write today they expect \"the BoE could turn hawkish on Thursday\".  </p><p>   The other big one is the Fed's  Sept. 21-22 meeting. </p><p>   The timing of the Fed's tapering plans remains the key question and recent data suggests caution may be warranted: the U.S. economy created the fewest jobs in seven months in August and consumer prices increased at their slowest pace in six months.</p><p>   But even if Fed chief Jerome Powell echoes the view, expressed by some of his colleagues, that stimulus tapering could start this year, he is likely to stress an interest rate rise is still way off.</p><p>   Then there are the doves of the central banking world. Switzerland (Thursday) - not expected to begin shrinking its balance sheet or lifting rates until long after its peers, Sweden (Monday) -- forecast to keep rates at 0% until 2024 and the Bank of Japan (Tuesday) -- also on hold. </p><p>   Some reading:  </p><p>   Take Five: Bring out the central bank heavies   </p><p>   - U.S. inflation coming off the boil as prices increase slowly in August  </p><p>   - BOJ to maintain stimulus as supply disruption darkens export outlook   </p><p>   - UK inflation posts record jump to hit 9-year peak in August   </p><p>   (London Markets Team with Julien Ponthus) </p><p>   *****</p><p>   BULLS RUN FOR THE HILLS (0900 EDT/1300 GMT)</p><p>   The percentage of investors with a bullish short-term outlook on the U.S. stock market collapsed in the latest American Association of Individual Investors Sentiment Survey (AAII). With this, pessimism surged and neutral sentiment increased.</p><p>   AAII reported that bullish sentiment, or expectations that stock prices will rise over the next six months, slid 16.4 percentage points to 22.4%. This is the lowest level of bullish sentiment since July 29, 2020. Optimism is well below the historical average low of 28%.</p><p>   Bearish sentiment, or expectations that stock prices will fall over the next six months, jumped 12.1 percentage points to 39.3%. This is the seventh time out of the last nine weeks that pessimism is above the historical average of 30.5%.</p><p>   Neutral sentiment, or expectations that stock prices will stay essentially unchanged over the next six months, increased 4.4 percentage points to 38.3%. This is the second consecutive week that neutral sentiment is above the historical average of 31.5%.</p><p>   AAII said that the latest bullish reading conveys \"lower optimism among investors that the current bull market will continue.\" AAII also noted that optimism is now \"unusually low,\" while \"neutral and bearish sentiment are near the top end of their typical historical ranges.\" </p><p>   With these changes, the bull-bear spread plunged to -16.9 from +11.7 last week  :</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FOR FRIDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ AAII09172021     Central bank policy rates     earlytrade09172021     UMich     UMich inflation expectations     stoxx     Closer09172021    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel and Lance Tupper are Reuters market analysts. The views expressed are their own)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LIVE MARKETS-U.S. stocks tumble as S&P 500 suffers 50-day fumble</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLIVE MARKETS-U.S. stocks tumble as S&P 500 suffers 50-day fumble\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-18 04:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Major U.S. indexes close lower; transports hit harder</p><p>   * S&amp;P 500 ends below 50-DMA, DJI ends below 100-DMA</p><p>   * Materials weakest major S&amp;P sector; healthcare sole gainer</p><p>   * Dollar up; gold, crude bitcoin dip</p><p>   * U.S. 10-Year Treasury yield ~1.37%</p><p>    Sept 17 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   U.S. STOCKS TUMBLE AS S&amp;P 500 SUFFERS 50-DAY FUMBLE (1605 EDT/2005 GMT)</p><p>   Wall Street saw an across-the-board tumble on Friday, rounding out a topsy-turvy week in which investors juggled signs of economic strength with concerns over corporate tax increases, stress from the Delta COVID variant, and possible shifts in the U.S. Federal Reserve's timeline for tapering asset purchases.</p><p>   With Friday's action, the market suffered more technical damage. The S&amp;P 500 index    ended at about 4,433, which was just below its rising 50-day moving average <a href=\"https://laohu8.com/S/DMA.AU\">$(DMA.AU)$</a> at slightly  over 4,436. That was the index's first close below the 50-DMA since June 18. This closely watched intermediate-term moving average has proven to be good support in 2021  , so the break may have the potential to usher in a more significant decline.</p><p>   Traders will now look to see if on Monday the benchmark index suffers a second-straight closing violation of this moving average. That's something the SPX has not done since early November of last year.</p><p>   Meanwhile, for the second time this week, the Dow Jones Industrial Average   , at about 34,585, ended below its 100-DMA, which is now around 34,670.</p><p>   The Dow Transportation Average    closed at about 14,268, or less than 0.5% above its 200-DMA, which is at 14,214. The DJT has not ended below this long-term moving average since mid-July of last year.</p><p>   In any event, with this there were few bright spots on Friday. Though small caps    and the healthcare sector</p><p>  did post small rises.</p><p>   Here is Friday's closing snapshot:</p><p>   (Terence Gabriel)</p><p>   ***** </p><p>   INVESTORS TRY TO SORT OUT SUPPLY SHORTAGES (1339 EDT/1739 GMT)</p><p>   As part of the most recent American Association of Individual Investors (AAII) Sentiment Survey  , AAII polled its members for what impact supply shortages are having on their outlook for stocks.</p><p>   AAII reported that 32% of respondents said that they feel the supply shortage could have a negative impact, predicting a \"decrease in sales and lackluster earnings.\"      </p><p>   That said, 31% of respondents stated that it is having little to no impact on their outlook.</p><p>   Meanwhile, about 19% of respondents expressed a mixed outlook on the impact of supply shortages, implying it \"could help some industries but hurt others.\"</p><p>   Finally, 10% of respondents had positive sentiments toward supply shortages, citing \"recovery.\" One noted that it could give companies \"pricing power.\" About 7% of responses fell into the “other” category. </p><p>   Here are a couple of quotes from investors on the matter:</p><p>   “Sales are going to be limited this year and earnings per share <a href=\"https://laohu8.com/S/EPS\">$(EPS)$</a> will fall dramatically.”</p><p>   “Not much. I think low interest rates and strong earnings will fuel a continued bullish outlook for stocks. I do expect a correction during this time frame with a quick reversal.”     </p><p>   (Terence Gabriel)</p><p>   *****</p><p>   KEEPING THE EQUITIES WEIGHT ON (1240 EDT/1640 GMT)</p><p>   Despite concerns U.S. economic growth has peaked and with Federal Reserve tapering and potential tax hikes looming, Truist Advisory Services says it remains overweight equities.</p><p>   \"While many of the aforementioned factors are likely to lead to a continuation of a choppier market backdrop, the weight of the evidence in our work suggests the path of least resistance for the market over the next 12 months remains higher, albeit at a moderating pace,\" Truist Chief Market Strategist Keith Lerner said in a report on Thursday. </p><p>   He noted that economic growth, which slowed over the summer amid supply constraints and a surge in COVID-19's Delta variant, \"has more likely been deferred rather than lost.\"</p><p>   \"We now expect roughly 6.2% U.S. economic growth for this year and a healthy 4.5% pace next year, which would still be about double the pre-pandemic trend,\" Lerner said.</p><p>   As for the Fed reducing its $120 billion in monthly purchases of Treasuries and mortgage-backed securities, the report pointed out the economy is in \"a much stronger position relative to the last taper in 2013,\" during which time the S&amp;P 500    climbed about 10%. </p><p>   With the U.S. Congress considering higher corporate and capital gains tax rates, Lerner said tax policy's impact on market returns and economic growth has been inconsistent. </p><p>   \"Despite a tax increase in 2013, stocks rose more than 30%. Conversely, in 2018, despite tax cuts, stocks dropped about  4%,\" he said in the report.</p><p>   Lerner added that the business cycle tends to overwhelm tax policy and the path of the coronavirus will likely have a more significant impact on the economy and markets next year. </p><p>   (Karen Pierog)</p><p>   *****</p><p>   THAT'S THREE STRAIGHT WEEKS IN THE RED FOR EUROPE (1150 EDT/1550 GMT)</p><p>   This afternoon's selloff continued unabated till the bell rang on European stock markets which saw the STOXX 600 end down 0.9%, and close to its lowest level for the day.</p><p>   It's the third week of losses in a row and so far this month, the pan-European index is down about 2% and on course for its first monthly drop since January. </p><p>   Looking at the culprits for the losses sustained today, miners and basic materials stand guilty with the sector down 3.8%, its fifth worse session of 2021. </p><p>   Losses were well spread though with industrials also taking big hits while the travel and leisure space was up another 1.3%, boosted by possible relaxation of travel restrictions to the UK.</p><p>   Overall, September seems to be true to its difficult  reputation for stock markets. </p><p>   The direction of travel for the remainder of the month is  pretty much elusive. </p><p>   \"Although still fairly measured at present, this current selloff has the potential to be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most dramatic pullbacks we have seen all year, as inflation, stagflation, slowdown and virus risks all combine to knock back European and US markets\", wrote Chris Beauchamp at IG. </p><p>   \"If the caution we have seen this week does carry over into Monday and beyond, then the next Fed meeting provides another reason to tread carefully\", he added. </p><p>    (Julien Ponthus) </p><p>   *****</p><p>   CONSUMERS: <a href=\"https://laohu8.com/S/FUTR.UK\">FUTURE</a> LESS DIRE, BUT PURCHASES POSTPONED UNTIL INFLATION WAVE PASSES (1127 EDT/1527 GMT)</p><p>   The American consumer, that economic tentpole who's responsible for about 70% of U.S. GDP, has grown just a tad less grumpy as we head into fall, even as near-term inflation expectations grow slightly hotter and the Delta monster still lurks in the closet.    </p><p>   The University of Michigan released its initial take on consumer sentiment    for September, delivering a reading of 71, a disappointingly weak 0.7 point rebound from the prior month's plunge and a full point below consensus.</p><p>   \"The steep August falloff in consumer sentiment ended in early September, but the small gain still meant that consumers expected the least favorable economic prospects in more than a decade,\" writes Richard Curtin, Umich's Surveys of Consumers chief economist.</p><p>   An uptick in the expectations component offset a slight deterioration in current conditions, with buying attitudes for household durable goods touching the lowest level since 1980, according to Curtin.</p><p>   But Ian Shepherdson, chief economist at Pantheon Macroeconomics, echoed Curtin's belief that the August nadir was a \"fight or flight response\" to resurgent COVID cases due to the Delta variant.</p><p>   \"By the time of the next survey, we expect it to be clear that Delta is in full retreat, so confidence should start to rebound,\" Shepherdson says.</p><p>   With respect to inflation, survey participants now see near-term prices spiking to 4.7%, hotter than the previous print, before settling at 2.9% over the longer-term, unchanged from August.</p><p>   The report continues to bolster the Fed's inflation line, that the current wave of price spikes associated with economic reopening are merely a passing phase.</p><p>   But if they're right, and 5-year inflation hangs that far above the central bank's average annual 2% target, the interest rate hike timeline could happen sooner than analysts expect.</p><p>   Heightened near-term inflation expectations also appear to be affecting consumers' purchasing plans.</p><p>   \"Consumers have initially reacted by viewing the rise in inflation as transitory, believing that prices will stabilize or could even fall in the future,\" Curtin adds. \"As a result, postponing purchases is seen as a viable strategy.\"</p><p>   The report did little to convince Wall Street not to sell off as it marches toward to conclusion of a seesaw week.</p><p>   All three major U.S. stock indexes are solidly red, with chips   , materials    and tech    redder than most.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   IPO MARKET OFF TO THE RACES (1101 EDT/1501 GMT)</p><p>   The IPO market got off to a fast start post-Labor day and this week's batch of deals has delivered handsome returns. Nearly all 10 offerings, which raised at least $50 million, are in positive territory, sporting an average return of about 54%: </p><p>    Strong deal performance leads to more deals. That said, there are 14 IPOs on next week's docket. A current near-term calendar, by anticipated debut date and approximate deal size, is below:</p><p>   Sept 22:</p><p>   <a href=\"https://laohu8.com/S/FRSH\">Freshworks</a>    (software) ($900m)</p><p>   Aka Brands    (fashion) ($250m)</p><p>   Toast    (restaurant software) ($700m)</p><p>   VersaBank    (Canada, banking) ($50m NYSE)</p><p>   Sept 23:</p><p>   Argo Blockchain    (UK, bitcoin mining) ($150m Nasdaq)</p><p>   Brilliant Earth    (jewelry) ($250m)</p><p>   <a href=\"https://laohu8.com/S/KDC\">Knowlton Development</a>    (Canada, consumer products) ($800M dual-listed)</p><p>   Remitly Global    (financial software) ($480m)</p><p>   Sovos Brands    (branded foods) ($350m)</p><p>   Sterling Check    (background checks) ($300m)</p><p>   <a href=\"https://laohu8.com/S/THRN\">Thorne Healthtech</a>    (health supplements) ($125m)</p><p>   EngageSmart    (software) ($350m)</p><p>   Sept 24:</p><p>   Clearwater Analytics    (financial software) ($450m)</p><p>   Cue Health    (healthcare tech) ($200m)</p><p>   (Lance Tupper)</p><p>   *****</p><p>   U.S. INDEXES PLAY A 50, 100, 200 GAME (1018 EDT/1418 GMT)</p><p>   U.S. stocks are lower early Friday with major technology firms weighing the most, while uncertainty over higher corporate taxes and an upcoming Federal Reserve meeting may be keeping traders on the sidelines.   </p><p>   Meanwhile, a number of indexes continue to flirt with closely watched moving averages.</p><p>   The S&amp;P 500   , at around 4,445, is just above its rising 50-day moving average (DMA), which now resides around 4,436.</p><p>   The Dow Jones Industrial Average   , at around 34,600, has been churning around its sticky 100-day moving average, which is now around 34,670.</p><p>   This, as the Dow Jones Transportation Average   , at around 14,365, is once again nearing its rising 200-DMA, which is now around 14,200.</p><p>   Traders will certainly take note if these indexes close below these moving averages in concert.</p><p>   Here is where markets stand:</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   A WEEK FOR THE HAWKS (0952 EDT/1352 GMT)</p><p>   Next week will be quite an exciting one for central banking hawks who will see the first interest rate hike from a developed country since the pandemic -- Norway is expected to raise rates to 0.25% on Thursday. </p><p>   Granted, it wouldn't be a game changer for world markets but it could set the tone moving forward.</p><p>   In any case, Norway may be a sideshow on Thursday which may be dominated by the question of whether the Bank of England signals when it might push the hike button. </p><p>   Traders are pricing a rate rise next May but with consumer price growing at a 9-year high in August, many now believe it could come sooner. Unicredit economists for instance write today they expect \"the BoE could turn hawkish on Thursday\".  </p><p>   The other big one is the Fed's  Sept. 21-22 meeting. </p><p>   The timing of the Fed's tapering plans remains the key question and recent data suggests caution may be warranted: the U.S. economy created the fewest jobs in seven months in August and consumer prices increased at their slowest pace in six months.</p><p>   But even if Fed chief Jerome Powell echoes the view, expressed by some of his colleagues, that stimulus tapering could start this year, he is likely to stress an interest rate rise is still way off.</p><p>   Then there are the doves of the central banking world. Switzerland (Thursday) - not expected to begin shrinking its balance sheet or lifting rates until long after its peers, Sweden (Monday) -- forecast to keep rates at 0% until 2024 and the Bank of Japan (Tuesday) -- also on hold. </p><p>   Some reading:  </p><p>   Take Five: Bring out the central bank heavies   </p><p>   - U.S. inflation coming off the boil as prices increase slowly in August  </p><p>   - BOJ to maintain stimulus as supply disruption darkens export outlook   </p><p>   - UK inflation posts record jump to hit 9-year peak in August   </p><p>   (London Markets Team with Julien Ponthus) </p><p>   *****</p><p>   BULLS RUN FOR THE HILLS (0900 EDT/1300 GMT)</p><p>   The percentage of investors with a bullish short-term outlook on the U.S. stock market collapsed in the latest American Association of Individual Investors Sentiment Survey (AAII). With this, pessimism surged and neutral sentiment increased.</p><p>   AAII reported that bullish sentiment, or expectations that stock prices will rise over the next six months, slid 16.4 percentage points to 22.4%. This is the lowest level of bullish sentiment since July 29, 2020. Optimism is well below the historical average low of 28%.</p><p>   Bearish sentiment, or expectations that stock prices will fall over the next six months, jumped 12.1 percentage points to 39.3%. This is the seventh time out of the last nine weeks that pessimism is above the historical average of 30.5%.</p><p>   Neutral sentiment, or expectations that stock prices will stay essentially unchanged over the next six months, increased 4.4 percentage points to 38.3%. This is the second consecutive week that neutral sentiment is above the historical average of 31.5%.</p><p>   AAII said that the latest bullish reading conveys \"lower optimism among investors that the current bull market will continue.\" AAII also noted that optimism is now \"unusually low,\" while \"neutral and bearish sentiment are near the top end of their typical historical ranges.\" </p><p>   With these changes, the bull-bear spread plunged to -16.9 from +11.7 last week  :</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FOR FRIDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ AAII09172021     Central bank policy rates     earlytrade09172021     UMich     UMich inflation expectations     stoxx     Closer09172021    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel and Lance Tupper are Reuters market analysts. The views expressed are their own)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares","SPY":"标普500ETF","SDS":"两倍做空标普500 ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","OEX":"标普100","SSO":"2倍做多标普500ETF-ProShares","IVV":"标普500ETF-iShares","OEF":"标普100指数ETF-iShares"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168553579","content_text":"* Major U.S. indexes close lower; transports hit harder   * S&P 500 ends below 50-DMA, DJI ends below 100-DMA   * Materials weakest major S&P sector; healthcare sole gainer   * Dollar up; gold, crude bitcoin dip   * U.S. 10-Year Treasury yield ~1.37%    Sept 17 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com   U.S. STOCKS TUMBLE AS S&P 500 SUFFERS 50-DAY FUMBLE (1605 EDT/2005 GMT)   Wall Street saw an across-the-board tumble on Friday, rounding out a topsy-turvy week in which investors juggled signs of economic strength with concerns over corporate tax increases, stress from the Delta COVID variant, and possible shifts in the U.S. Federal Reserve's timeline for tapering asset purchases.   With Friday's action, the market suffered more technical damage. The S&P 500 index    ended at about 4,433, which was just below its rising 50-day moving average $(DMA.AU)$ at slightly  over 4,436. That was the index's first close below the 50-DMA since June 18. This closely watched intermediate-term moving average has proven to be good support in 2021  , so the break may have the potential to usher in a more significant decline.   Traders will now look to see if on Monday the benchmark index suffers a second-straight closing violation of this moving average. That's something the SPX has not done since early November of last year.   Meanwhile, for the second time this week, the Dow Jones Industrial Average   , at about 34,585, ended below its 100-DMA, which is now around 34,670.   The Dow Transportation Average    closed at about 14,268, or less than 0.5% above its 200-DMA, which is at 14,214. The DJT has not ended below this long-term moving average since mid-July of last year.   In any event, with this there were few bright spots on Friday. Though small caps    and the healthcare sector  did post small rises.   Here is Friday's closing snapshot:   (Terence Gabriel)   *****    INVESTORS TRY TO SORT OUT SUPPLY SHORTAGES (1339 EDT/1739 GMT)   As part of the most recent American Association of Individual Investors (AAII) Sentiment Survey  , AAII polled its members for what impact supply shortages are having on their outlook for stocks.   AAII reported that 32% of respondents said that they feel the supply shortage could have a negative impact, predicting a \"decrease in sales and lackluster earnings.\"         That said, 31% of respondents stated that it is having little to no impact on their outlook.   Meanwhile, about 19% of respondents expressed a mixed outlook on the impact of supply shortages, implying it \"could help some industries but hurt others.\"   Finally, 10% of respondents had positive sentiments toward supply shortages, citing \"recovery.\" One noted that it could give companies \"pricing power.\" About 7% of responses fell into the “other” category.    Here are a couple of quotes from investors on the matter:   “Sales are going to be limited this year and earnings per share $(EPS)$ will fall dramatically.”   “Not much. I think low interest rates and strong earnings will fuel a continued bullish outlook for stocks. I do expect a correction during this time frame with a quick reversal.”        (Terence Gabriel)   *****   KEEPING THE EQUITIES WEIGHT ON (1240 EDT/1640 GMT)   Despite concerns U.S. economic growth has peaked and with Federal Reserve tapering and potential tax hikes looming, Truist Advisory Services says it remains overweight equities.   \"While many of the aforementioned factors are likely to lead to a continuation of a choppier market backdrop, the weight of the evidence in our work suggests the path of least resistance for the market over the next 12 months remains higher, albeit at a moderating pace,\" Truist Chief Market Strategist Keith Lerner said in a report on Thursday.    He noted that economic growth, which slowed over the summer amid supply constraints and a surge in COVID-19's Delta variant, \"has more likely been deferred rather than lost.\"   \"We now expect roughly 6.2% U.S. economic growth for this year and a healthy 4.5% pace next year, which would still be about double the pre-pandemic trend,\" Lerner said.   As for the Fed reducing its $120 billion in monthly purchases of Treasuries and mortgage-backed securities, the report pointed out the economy is in \"a much stronger position relative to the last taper in 2013,\" during which time the S&P 500    climbed about 10%.    With the U.S. Congress considering higher corporate and capital gains tax rates, Lerner said tax policy's impact on market returns and economic growth has been inconsistent.    \"Despite a tax increase in 2013, stocks rose more than 30%. Conversely, in 2018, despite tax cuts, stocks dropped about  4%,\" he said in the report.   Lerner added that the business cycle tends to overwhelm tax policy and the path of the coronavirus will likely have a more significant impact on the economy and markets next year.    (Karen Pierog)   *****   THAT'S THREE STRAIGHT WEEKS IN THE RED FOR EUROPE (1150 EDT/1550 GMT)   This afternoon's selloff continued unabated till the bell rang on European stock markets which saw the STOXX 600 end down 0.9%, and close to its lowest level for the day.   It's the third week of losses in a row and so far this month, the pan-European index is down about 2% and on course for its first monthly drop since January.    Looking at the culprits for the losses sustained today, miners and basic materials stand guilty with the sector down 3.8%, its fifth worse session of 2021.    Losses were well spread though with industrials also taking big hits while the travel and leisure space was up another 1.3%, boosted by possible relaxation of travel restrictions to the UK.   Overall, September seems to be true to its difficult  reputation for stock markets.    The direction of travel for the remainder of the month is  pretty much elusive.    \"Although still fairly measured at present, this current selloff has the potential to be one of the most dramatic pullbacks we have seen all year, as inflation, stagflation, slowdown and virus risks all combine to knock back European and US markets\", wrote Chris Beauchamp at IG.    \"If the caution we have seen this week does carry over into Monday and beyond, then the next Fed meeting provides another reason to tread carefully\", he added.     (Julien Ponthus)    *****   CONSUMERS: FUTURE LESS DIRE, BUT PURCHASES POSTPONED UNTIL INFLATION WAVE PASSES (1127 EDT/1527 GMT)   The American consumer, that economic tentpole who's responsible for about 70% of U.S. GDP, has grown just a tad less grumpy as we head into fall, even as near-term inflation expectations grow slightly hotter and the Delta monster still lurks in the closet.       The University of Michigan released its initial take on consumer sentiment    for September, delivering a reading of 71, a disappointingly weak 0.7 point rebound from the prior month's plunge and a full point below consensus.   \"The steep August falloff in consumer sentiment ended in early September, but the small gain still meant that consumers expected the least favorable economic prospects in more than a decade,\" writes Richard Curtin, Umich's Surveys of Consumers chief economist.   An uptick in the expectations component offset a slight deterioration in current conditions, with buying attitudes for household durable goods touching the lowest level since 1980, according to Curtin.   But Ian Shepherdson, chief economist at Pantheon Macroeconomics, echoed Curtin's belief that the August nadir was a \"fight or flight response\" to resurgent COVID cases due to the Delta variant.   \"By the time of the next survey, we expect it to be clear that Delta is in full retreat, so confidence should start to rebound,\" Shepherdson says.   With respect to inflation, survey participants now see near-term prices spiking to 4.7%, hotter than the previous print, before settling at 2.9% over the longer-term, unchanged from August.   The report continues to bolster the Fed's inflation line, that the current wave of price spikes associated with economic reopening are merely a passing phase.   But if they're right, and 5-year inflation hangs that far above the central bank's average annual 2% target, the interest rate hike timeline could happen sooner than analysts expect.   Heightened near-term inflation expectations also appear to be affecting consumers' purchasing plans.   \"Consumers have initially reacted by viewing the rise in inflation as transitory, believing that prices will stabilize or could even fall in the future,\" Curtin adds. \"As a result, postponing purchases is seen as a viable strategy.\"   The report did little to convince Wall Street not to sell off as it marches toward to conclusion of a seesaw week.   All three major U.S. stock indexes are solidly red, with chips   , materials    and tech    redder than most.   (Stephen Culp)   *****   IPO MARKET OFF TO THE RACES (1101 EDT/1501 GMT)   The IPO market got off to a fast start post-Labor day and this week's batch of deals has delivered handsome returns. Nearly all 10 offerings, which raised at least $50 million, are in positive territory, sporting an average return of about 54%:     Strong deal performance leads to more deals. That said, there are 14 IPOs on next week's docket. A current near-term calendar, by anticipated debut date and approximate deal size, is below:   Sept 22: Freshworks    (software) ($900m)   Aka Brands    (fashion) ($250m)   Toast    (restaurant software) ($700m)   VersaBank    (Canada, banking) ($50m NYSE)   Sept 23:   Argo Blockchain    (UK, bitcoin mining) ($150m Nasdaq)   Brilliant Earth    (jewelry) ($250m) Knowlton Development    (Canada, consumer products) ($800M dual-listed)   Remitly Global    (financial software) ($480m)   Sovos Brands    (branded foods) ($350m)   Sterling Check    (background checks) ($300m) Thorne Healthtech    (health supplements) ($125m)   EngageSmart    (software) ($350m)   Sept 24:   Clearwater Analytics    (financial software) ($450m)   Cue Health    (healthcare tech) ($200m)   (Lance Tupper)   *****   U.S. INDEXES PLAY A 50, 100, 200 GAME (1018 EDT/1418 GMT)   U.S. stocks are lower early Friday with major technology firms weighing the most, while uncertainty over higher corporate taxes and an upcoming Federal Reserve meeting may be keeping traders on the sidelines.      Meanwhile, a number of indexes continue to flirt with closely watched moving averages.   The S&P 500   , at around 4,445, is just above its rising 50-day moving average (DMA), which now resides around 4,436.   The Dow Jones Industrial Average   , at around 34,600, has been churning around its sticky 100-day moving average, which is now around 34,670.   This, as the Dow Jones Transportation Average   , at around 14,365, is once again nearing its rising 200-DMA, which is now around 14,200.   Traders will certainly take note if these indexes close below these moving averages in concert.   Here is where markets stand:   (Terence Gabriel)   *****   A WEEK FOR THE HAWKS (0952 EDT/1352 GMT)   Next week will be quite an exciting one for central banking hawks who will see the first interest rate hike from a developed country since the pandemic -- Norway is expected to raise rates to 0.25% on Thursday.    Granted, it wouldn't be a game changer for world markets but it could set the tone moving forward.   In any case, Norway may be a sideshow on Thursday which may be dominated by the question of whether the Bank of England signals when it might push the hike button.    Traders are pricing a rate rise next May but with consumer price growing at a 9-year high in August, many now believe it could come sooner. Unicredit economists for instance write today they expect \"the BoE could turn hawkish on Thursday\".     The other big one is the Fed's  Sept. 21-22 meeting.    The timing of the Fed's tapering plans remains the key question and recent data suggests caution may be warranted: the U.S. economy created the fewest jobs in seven months in August and consumer prices increased at their slowest pace in six months.   But even if Fed chief Jerome Powell echoes the view, expressed by some of his colleagues, that stimulus tapering could start this year, he is likely to stress an interest rate rise is still way off.   Then there are the doves of the central banking world. Switzerland (Thursday) - not expected to begin shrinking its balance sheet or lifting rates until long after its peers, Sweden (Monday) -- forecast to keep rates at 0% until 2024 and the Bank of Japan (Tuesday) -- also on hold.    Some reading:     Take Five: Bring out the central bank heavies      - U.S. inflation coming off the boil as prices increase slowly in August     - BOJ to maintain stimulus as supply disruption darkens export outlook      - UK inflation posts record jump to hit 9-year peak in August      (London Markets Team with Julien Ponthus)    *****   BULLS RUN FOR THE HILLS (0900 EDT/1300 GMT)   The percentage of investors with a bullish short-term outlook on the U.S. stock market collapsed in the latest American Association of Individual Investors Sentiment Survey (AAII). With this, pessimism surged and neutral sentiment increased.   AAII reported that bullish sentiment, or expectations that stock prices will rise over the next six months, slid 16.4 percentage points to 22.4%. This is the lowest level of bullish sentiment since July 29, 2020. Optimism is well below the historical average low of 28%.   Bearish sentiment, or expectations that stock prices will fall over the next six months, jumped 12.1 percentage points to 39.3%. This is the seventh time out of the last nine weeks that pessimism is above the historical average of 30.5%.   Neutral sentiment, or expectations that stock prices will stay essentially unchanged over the next six months, increased 4.4 percentage points to 38.3%. This is the second consecutive week that neutral sentiment is above the historical average of 31.5%.   AAII said that the latest bullish reading conveys \"lower optimism among investors that the current bull market will continue.\" AAII also noted that optimism is now \"unusually low,\" while \"neutral and bearish sentiment are near the top end of their typical historical ranges.\"    With these changes, the bull-bear spread plunged to -16.9 from +11.7 last week  :   (Terence Gabriel)   *****   FOR FRIDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:      <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ AAII09172021     Central bank policy rates     earlytrade09172021     UMich     UMich inflation expectations     stoxx     Closer09172021       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel and Lance Tupper are Reuters market analysts. The views expressed are their own)","news_type":1,"symbols_score_info":{"161125":0.6,"513500":0.6,"SPY":1,".SPX":0.9,"QMmain":0.9,".DJI":0.9,"IVV":0.6,"SPXU":0.6,"UPRO":0.6,"ESmain":0.6,"OEX":0.6,"CLmain":0.9,"SDS":0.6,".IXIC":0.9,"SH":0.6,"OEF":0.6,"SSO":0.6}},"isVote":1,"tweetType":1,"viewCount":3048,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884129490,"gmtCreate":1631869283910,"gmtModify":1676530657276,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/884129490","repostId":"1189230305","repostType":2,"isVote":1,"tweetType":1,"viewCount":3678,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885173505,"gmtCreate":1631771070407,"gmtModify":1676530631298,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885173505","repostId":"1121760493","repostType":2,"repost":{"id":"1121760493","kind":"news","pubTimestamp":1631762517,"share":"https://ttm.financial/m/news/1121760493?lang=en_US&edition=fundamental","pubTime":"2021-09-16 11:21","market":"us","language":"en","title":"Ray Dalio: Cash Is Trash, But Don't Over do It on Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1121760493","media":"Thestreet","summary":"Rising inflation and low interest rates are creating risks for investors, but cash isn’t the answer,","content":"<p>Rising inflation and low interest rates are creating risks for investors, but cash isn’t the answer, says Ray Dalio, founder of Bridgewater Associates, the world’s biggest hedge fund firm.</p>\n<p>“Know cash is trash. Don’t keep it in cash,” he told CNBC. “The most important thing that an individual investor can do is know how to diversify well.”</p>\n<p>And how should we diversify?</p>\n<p>“Diversify across countries, currencies, assets classes and so on, so you have that balance,” Dalio said. “You can take your tactical moves from there. All those assets classes will outperform cash.”</p>\n<p>Investors are over-emphasizing stocks, he said.</p>\n<p>“I think the stock market is relatively attractive in relationship to the alternatives,” Dalio said. “But that dynamic is going to start to change as monetary policy gets tighter.”</p>\n<p>More restrictive Fed policy often hurts stocks.</p>\n<p>Meanwhile, Dalio said that if Bitcoin achieves widespread acceptance, regulators will step in to control it.</p>\n<p>“At the end of the day, if it’s really successful, they will kill it, … because they have ways of killing it,” he said.</p>\n<p>Given Bitcoin’s lack of intrinsic worth, it’s hard to know what the cryptocurrency’s ultimate fate will be, Dalio said.</p>\n<p>“There are so many things in a historical perspective that didn’t have intrinsic value and had perceived value,” he said. “They went hot, and they became cold. [Bitcoin] could be either way.”</p>\n<p>Bitcoin has enjoyed a rollercoaster ride since its inception in 2009. It recently traded at $48,040, up 3%. But it has dropped 9% in the last 10 days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ray Dalio: Cash Is Trash, But Don't Over do It on Stocks</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\">\nRay Dalio: Cash Is Trash, But Don't Over do It on Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 11:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/dalio-cash-stocks-bitcoin><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rising inflation and low interest rates are creating risks for investors, but cash isn’t the answer, says Ray Dalio, founder of Bridgewater Associates, the world’s biggest hedge fund firm.\n“Know cash ...</p>\n\n<a href=\"https://www.thestreet.com/investing/dalio-cash-stocks-bitcoin\">Source Link</a>\n\n</div>\n\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":"https://www.thestreet.com/investing/dalio-cash-stocks-bitcoin","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121760493","content_text":"Rising inflation and low interest rates are creating risks for investors, but cash isn’t the answer, says Ray Dalio, founder of Bridgewater Associates, the world’s biggest hedge fund firm.\n“Know cash is trash. Don’t keep it in cash,” he told CNBC. “The most important thing that an individual investor can do is know how to diversify well.”\nAnd how should we diversify?\n“Diversify across countries, currencies, assets classes and so on, so you have that balance,” Dalio said. “You can take your tactical moves from there. All those assets classes will outperform cash.”\nInvestors are over-emphasizing stocks, he said.\n“I think the stock market is relatively attractive in relationship to the alternatives,” Dalio said. “But that dynamic is going to start to change as monetary policy gets tighter.”\nMore restrictive Fed policy often hurts stocks.\nMeanwhile, Dalio said that if Bitcoin achieves widespread acceptance, regulators will step in to control it.\n“At the end of the day, if it’s really successful, they will kill it, … because they have ways of killing it,” he said.\nGiven Bitcoin’s lack of intrinsic worth, it’s hard to know what the cryptocurrency’s ultimate fate will be, Dalio said.\n“There are so many things in a historical perspective that didn’t have intrinsic value and had perceived value,” he said. “They went hot, and they became cold. [Bitcoin] could be either way.”\nBitcoin has enjoyed a rollercoaster ride since its inception in 2009. It recently traded at $48,040, up 3%. But it has dropped 9% in the last 10 days.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882250593,"gmtCreate":1631698649912,"gmtModify":1676530612055,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/882250593","repostId":"1184278723","repostType":2,"repost":{"id":"1184278723","kind":"news","pubTimestamp":1631661531,"share":"https://ttm.financial/m/news/1184278723?lang=en_US&edition=fundamental","pubTime":"2021-09-15 07:18","market":"us","language":"en","title":"Democrats' tax plan would cut bills for most Americans -congressional estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=1184278723","media":"Reuters","summary":"WASHINGTON (Reuters) -U.S. tax code changes sought by Democrats in the House of Representatives to h","content":"<p>WASHINGTON (Reuters) -U.S. tax code changes sought by Democrats in the House of Representatives to help fund $3.5 trillion in domestic investments would cut annual tax bills for Americans earning less than $200,000 a year through 2025, a congressional estimate showed on Tuesday.</p>\n<p>The bipartisan Joint Committee on Taxation estimated that expanded tax credits for children and earned income would mean people in lower-income brackets would pay far less in taxes in 2023 under the Democratic plan, which is being debated this week in the tax-writing House Ways and Means Committee.</p>\n<p>At the other end of the income scale, tax collections from those earning over $200,000 would rise slightly in 2023, escalating to a 10.6% increase for people earning $1 million and more, the committee said.</p>\n<p>By 2027, after an expanded Child Tax Credit expires, those earning between $30,000 and $200,000 would start to see slightly higher tax bills, according to the estimate.</p>\n<p>REVENUE GAINS, LOSSES</p>\n<p>The joint committee, which estimates tax revenue and credit provisions of legislation, estimated that tax increase proposals now under debate in the House Ways and Means Committee would directly raise some $2.07 trillion over 10 years.</p>\n<p>The plan would raise the top individual income tax rate to its pre-2017 level of 39.6%, from 37% currently, on taxable income above $400,000 with a 3% surcharge on income above $5 million.</p>\n<p>It increases the capital gains tax rate to 25% from 20% for those earning more than $400,000 but tones down President Joe Biden’s proposed measures to tax more inherited wealth within rich families.</p>\n<p>The joint committee analysis suggests the House plan may break Biden’s pledge not to raise taxes on those earning less than $400,000, as the $200,000-$500,000 income category would see a 0.3% increase in 2023. Those earning $50,000-75,000 would see a 1% increase in 2027.</p>\n<p>Democrats in coming weeks are trying to push the $3.5 trillion bill through Congress to carry out Biden’s agenda of expanding child care, investing in education, green energy, health care and social services for the elderly and poor.</p>\n<p>The joint committee estimated the provisions to pay for these initiatives would total $1 trillion from increased taxes on high-income individuals over 10 years, and $963.6 billion from increased taxes on large corporations.</p>\n<p>These would be offset by tax credits for children, low-income workers, electric vehicles and clean energy, infrastructure finance and other tax code provisions that will reduce revenues by $1.2 trillion over 10 years, leaving a net revenue gain of about $871 million.</p>\n<p>The joint committee analysis excludes direct spending impacts of the Democrats’ legislation, which will be estimated by the Congressional Budget Office.</p>\n<p>REPUBLICAN WALL</p>\n<p>Republicans solidly oppose the Democratic plan, saying it will result in higher taxes for middle-class people as well as the rich. They have warned that this will prompt job losses, an economic slowdown and higher inflation.</p>\n<p>Democrats are maneuvering to win passage without Republican support through a budget “reconciliation” process that would allow their measure to advance in the 100-member Senate by a simple majority, instead of the 60 normally required.</p>\n<p>The Senate is split 50-50 between Democrats and Republicans.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Democrats' tax plan would cut bills for most Americans -congressional estimate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDemocrats' tax plan would cut bills for most Americans -congressional estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-biden-infrastructure-congress/democrats-tax-plan-would-cut-bills-for-most-americans-congressional-estimate-idUSKBN2GA1TK><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -U.S. tax code changes sought by Democrats in the House of Representatives to help fund $3.5 trillion in domestic investments would cut annual tax bills for Americans earning less...</p>\n\n<a href=\"https://www.reuters.com/article/usa-biden-infrastructure-congress/democrats-tax-plan-would-cut-bills-for-most-americans-congressional-estimate-idUSKBN2GA1TK\">Source 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"},"source_url":"https://www.reuters.com/article/usa-biden-infrastructure-congress/democrats-tax-plan-would-cut-bills-for-most-americans-congressional-estimate-idUSKBN2GA1TK","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184278723","content_text":"WASHINGTON (Reuters) -U.S. tax code changes sought by Democrats in the House of Representatives to help fund $3.5 trillion in domestic investments would cut annual tax bills for Americans earning less than $200,000 a year through 2025, a congressional estimate showed on Tuesday.\nThe bipartisan Joint Committee on Taxation estimated that expanded tax credits for children and earned income would mean people in lower-income brackets would pay far less in taxes in 2023 under the Democratic plan, which is being debated this week in the tax-writing House Ways and Means Committee.\nAt the other end of the income scale, tax collections from those earning over $200,000 would rise slightly in 2023, escalating to a 10.6% increase for people earning $1 million and more, the committee said.\nBy 2027, after an expanded Child Tax Credit expires, those earning between $30,000 and $200,000 would start to see slightly higher tax bills, according to the estimate.\nREVENUE GAINS, LOSSES\nThe joint committee, which estimates tax revenue and credit provisions of legislation, estimated that tax increase proposals now under debate in the House Ways and Means Committee would directly raise some $2.07 trillion over 10 years.\nThe plan would raise the top individual income tax rate to its pre-2017 level of 39.6%, from 37% currently, on taxable income above $400,000 with a 3% surcharge on income above $5 million.\nIt increases the capital gains tax rate to 25% from 20% for those earning more than $400,000 but tones down President Joe Biden’s proposed measures to tax more inherited wealth within rich families.\nThe joint committee analysis suggests the House plan may break Biden’s pledge not to raise taxes on those earning less than $400,000, as the $200,000-$500,000 income category would see a 0.3% increase in 2023. Those earning $50,000-75,000 would see a 1% increase in 2027.\nDemocrats in coming weeks are trying to push the $3.5 trillion bill through Congress to carry out Biden’s agenda of expanding child care, investing in education, green energy, health care and social services for the elderly and poor.\nThe joint committee estimated the provisions to pay for these initiatives would total $1 trillion from increased taxes on high-income individuals over 10 years, and $963.6 billion from increased taxes on large corporations.\nThese would be offset by tax credits for children, low-income workers, electric vehicles and clean energy, infrastructure finance and other tax code provisions that will reduce revenues by $1.2 trillion over 10 years, leaving a net revenue gain of about $871 million.\nThe joint committee analysis excludes direct spending impacts of the Democrats’ legislation, which will be estimated by the Congressional Budget Office.\nREPUBLICAN WALL\nRepublicans solidly oppose the Democratic plan, saying it will result in higher taxes for middle-class people as well as the rich. They have warned that this will prompt job losses, an economic slowdown and higher inflation.\nDemocrats are maneuvering to win passage without Republican support through a budget “reconciliation” process that would allow their measure to advance in the 100-member Senate by a simple majority, instead of the 60 normally required.\nThe Senate is split 50-50 between Democrats and Republicans.","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886502504,"gmtCreate":1631601886608,"gmtModify":1676530586906,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/3571959390768435\">@stormlee</a>: Pls like thks","listText":"//<a href=\"https://laohu8.com/U/3571959390768435\">@stormlee</a>: Pls like thks","text":"//@stormlee: Pls like thks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886502504","repostId":"1108105401","repostType":4,"isVote":1,"tweetType":1,"viewCount":2731,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886506777,"gmtCreate":1631601813899,"gmtModify":1676530586883,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886506777","repostId":"1125375899","repostType":2,"repost":{"id":"1125375899","kind":"news","pubTimestamp":1631579864,"share":"https://ttm.financial/m/news/1125375899?lang=en_US&edition=fundamental","pubTime":"2021-09-14 08:37","market":"us","language":"en","title":"U.S. consumers' inflation expectations highest since 2013, NY Fed says","url":"https://stock-news.laohu8.com/highlight/detail?id=1125375899","media":"Reuters","summary":"Sept 13 (Reuters) - U.S. consumers' expectations for how much inflation will change over the next ye","content":"<p>Sept 13 (Reuters) - U.S. consumers' expectations for how much inflation will change over the next year and the coming three years rose last month to the highest levels since 2013, according to a survey released on Monday by the New York Federal Reserve.</p>\n<p>Year-ahead inflation expectations increased for the 10th straight month to a median of 5.2% in August, according to the monthly survey of consumer expectations. Inflation expectations over the next three years increased to a median of 4.0%. Both metrics are at the highest they've ever been for the survey, which was launched in 2013.</p>\n<p><img src=\"https://static.tigerbbs.com/911ee80b93e9703418d8d341701cace9\" tg-width=\"1288\" tg-height=\"800\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>U.S. central bank officials are keeping a close watch on inflation expectations as they try to evaluate whether the pricing pressures triggered by the coronavirus pandemic will pass or have more lasting effects on the economy.</p>\n<p>Some policymakers say ending the massive asset purchases the Fed launched last year to support markets and the economy sooner rather than later will give officials more options for responding down the road if inflation lasts longer than anticipated.</p>\n<p>Several policymakers said they expect the Fed to begin winding those asset purchases down later this year despite a weakening in jobs growth in August.</p>\n<p>The New York Fed survey showed that consumers are raising their expectations for how much more they may have to spend on housing, food and other essentials over the next year.</p>\n<p>Expectations for how much home prices will increase over the next year dropped again in August for the third straight month, but were still elevated at a median of 5.9%, the survey found.</p>\n<p>Food prices are expected to grow by 7.9% over the next year, up from 7.1% in July. Rent is expected to increase by 10% over the next 12 months and the price of medical care is expected to rise by 9.7% over the next year - both up 0.2 percentage point from July.</p>\n<p>The report is based on a rotating panel of 1,300 households.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. consumers' inflation expectations highest since 2013, NY Fed says</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\">\nU.S. consumers' inflation expectations highest since 2013, NY Fed says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-14 08:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/world/us/us-consumers-inflation-expectations-highest-8-years-ny-fed-says-2021-09-13/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sept 13 (Reuters) - U.S. consumers' expectations for how much inflation will change over the next year and the coming three years rose last month to the highest levels since 2013, according to a ...</p>\n\n<a href=\"https://www.reuters.com/world/us/us-consumers-inflation-expectations-highest-8-years-ny-fed-says-2021-09-13/\">Source 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"},"source_url":"https://www.reuters.com/world/us/us-consumers-inflation-expectations-highest-8-years-ny-fed-says-2021-09-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125375899","content_text":"Sept 13 (Reuters) - U.S. consumers' expectations for how much inflation will change over the next year and the coming three years rose last month to the highest levels since 2013, according to a survey released on Monday by the New York Federal Reserve.\nYear-ahead inflation expectations increased for the 10th straight month to a median of 5.2% in August, according to the monthly survey of consumer expectations. Inflation expectations over the next three years increased to a median of 4.0%. Both metrics are at the highest they've ever been for the survey, which was launched in 2013.\n\nU.S. central bank officials are keeping a close watch on inflation expectations as they try to evaluate whether the pricing pressures triggered by the coronavirus pandemic will pass or have more lasting effects on the economy.\nSome policymakers say ending the massive asset purchases the Fed launched last year to support markets and the economy sooner rather than later will give officials more options for responding down the road if inflation lasts longer than anticipated.\nSeveral policymakers said they expect the Fed to begin winding those asset purchases down later this year despite a weakening in jobs growth in August.\nThe New York Fed survey showed that consumers are raising their expectations for how much more they may have to spend on housing, food and other essentials over the next year.\nExpectations for how much home prices will increase over the next year dropped again in August for the third straight month, but were still elevated at a median of 5.9%, the survey found.\nFood prices are expected to grow by 7.9% over the next year, up from 7.1% in July. Rent is expected to increase by 10% over the next 12 months and the price of medical care is expected to rise by 9.7% over the next year - both up 0.2 percentage point from July.\nThe report is based on a rotating panel of 1,300 households.","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":952,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888357999,"gmtCreate":1631444146711,"gmtModify":1676530549285,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/888357999","repostId":"1189654544","repostType":2,"repost":{"id":"1189654544","kind":"news","pubTimestamp":1631406130,"share":"https://ttm.financial/m/news/1189654544?lang=en_US&edition=fundamental","pubTime":"2021-09-12 08:22","market":"us","language":"en","title":"US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1189654544","media":"Renaissance Capital","summary":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion i","content":"<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p>\n<p>Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p>\n<p>Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p>\n<p>After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p>\n<p>Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p>\n<p>Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p>\n<p>Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p>\n<p>Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p>\n<p>Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p>\n<p>Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p>\n<p>Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p>\n<p><img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p>","source":"lsy1603787993745","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 IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week</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 IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 08:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DH":"Definitive Healthcare Corp.",".DJI":"道琼斯","BROS":"Dutch Bros Inc.","FORG":"ForgeRock, Inc.","TYRA":"Tyra Biosciences, Inc.","ONON":"On Holding AG","TWKS":"Thoughtworks Holding Inc.",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SRAD":"Sportradar Group AG","PRCT":"PROCEPT BioRobotics","DICE":"DICE Therapeutics, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189654544","content_text":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.\nSwiss running shoe brand On Holding(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.\nAfter ending talks to go public via SPAC,Sportradar Group(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.\nDrive-thru coffee chain Dutch Bros(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.\nHealthcare intelligence platform Definitive Healthcare(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.\nIdentity management platform ForgeRock(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.\nImmunology biotech DICE Therapeutics(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.\nSurgical robotics developer PROCEPT BioRobotics(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.\nOncology biotech Tyra Biosciences(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.\nMicro-cap gas delivery service EzFill Holdings(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1,"symbols_score_info":{"FORG":0.9,"DH":0.9,".SPX":0.9,"BROS":0.9,"DICE":0.9,"TWKS":0.9,"TYRA":0.9,"EZFL":0.9,".IXIC":0.9,"SRAD":0.9,".DJI":0.9,"ONON":0.9,"PRCT":0.9}},"isVote":1,"tweetType":1,"viewCount":1265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889452914,"gmtCreate":1631173325938,"gmtModify":1676530486783,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/889452914","repostId":"1111493734","repostType":2,"isVote":1,"tweetType":1,"viewCount":847,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889456715,"gmtCreate":1631173310537,"gmtModify":1676530486783,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/889456715","repostId":"2166319982","repostType":2,"repost":{"id":"2166319982","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":1631169461,"share":"https://ttm.financial/m/news/2166319982?lang=en_US&edition=fundamental","pubTime":"2021-09-09 14:37","market":"us","language":"en","title":"LIVE MARKETS-Another down day in store","url":"https://stock-news.laohu8.com/highlight/detail?id=2166319982","media":"Reuters","summary":"* European stock futures down   * Eyes on ECB meeting   * Asian shares fall, US futures dip    Sept ","content":"<html><body><p>* European stock futures down</p><p>   * Eyes on ECB meeting</p><p>   * Asian shares fall, US futures dip</p><p>    Sept 9 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   ANOTHER DOWN DAY IN STORE (0637 GMT)</p><p>   Debate over tapering is heating up and on the day the European Central Bank could claw back stimulus, equities in Europe look set for another session of profit taking from record levels.</p><p>   Futures on the Euro STOXX 50, DAX and FTSE 100 indices are falling between 0.4% and 0.9% following losses on Tuesday, suggesting the pan-European STOXX 600 index could near 6-week lows if things worsen during the session.</p><p>   Even if support should be dialled back, any move is likely be at the margins and the ECB is expected to emphasize the move is not tapering and signal copious support for years to come. </p><p>   Over in Asia, equities fell as regulatory jitters hit gaming and media stocks in China once again, adding to worries about central banks reducing support. U.S. index futures meantime point to slight declines on Wall Street later on.</p><p>   In European corporate news, M&amp;A could spice up the day. </p><p>   UK gambling firm 888 Holdings agreed to 2.2 billion pounds deal to buy William Hill's non-U.S. assets, while lock maker Assa Abloy is to buy Spectrum Brands' hardware and home improvement unit for $4.3 billion.   </p><p>   RWE is another <a href=\"https://laohu8.com/S/AONE.U\">one</a> to watch after news Activist fund ENKRAFT has taken a stake in the German utility, calling for separation of its lignite operations.  </p><p>   (Danilo Masoni) </p><p>   *****  </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LIVE MARKETS-Another down day in store</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLIVE MARKETS-Another down day in store\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-09 14:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* European stock futures down</p><p>   * Eyes on ECB meeting</p><p>   * Asian shares fall, US futures dip</p><p>    Sept 9 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   ANOTHER DOWN DAY IN STORE (0637 GMT)</p><p>   Debate over tapering is heating up and on the day the European Central Bank could claw back stimulus, equities in Europe look set for another session of profit taking from record levels.</p><p>   Futures on the Euro STOXX 50, DAX and FTSE 100 indices are falling between 0.4% and 0.9% following losses on Tuesday, suggesting the pan-European STOXX 600 index could near 6-week lows if things worsen during the session.</p><p>   Even if support should be dialled back, any move is likely be at the margins and the ECB is expected to emphasize the move is not tapering and signal copious support for years to come. </p><p>   Over in Asia, equities fell as regulatory jitters hit gaming and media stocks in China once again, adding to worries about central banks reducing support. U.S. index futures meantime point to slight declines on Wall Street later on.</p><p>   In European corporate news, M&amp;A could spice up the day. </p><p>   UK gambling firm 888 Holdings agreed to 2.2 billion pounds deal to buy William Hill's non-U.S. assets, while lock maker Assa Abloy is to buy Spectrum Brands' hardware and home improvement unit for $4.3 billion.   </p><p>   RWE is another <a href=\"https://laohu8.com/S/AONE.U\">one</a> to watch after news Activist fund ENKRAFT has taken a stake in the German utility, calling for separation of its lignite operations.  </p><p>   (Danilo Masoni) </p><p>   *****  </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SDOW":"三倍做空道指30ETF-ProShares",".DJI":"道琼斯","DJX":"1/100道琼斯","DOG":"道指ETF-ProShares做空",".SPX":"S&P 500 Index","DDM":"2倍做多道指ETF-ProShares","UDOW":"三倍做多道指30ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166319982","content_text":"* European stock futures down   * Eyes on ECB meeting   * Asian shares fall, US futures dip    Sept 9 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com   ANOTHER DOWN DAY IN STORE (0637 GMT)   Debate over tapering is heating up and on the day the European Central Bank could claw back stimulus, equities in Europe look set for another session of profit taking from record levels.   Futures on the Euro STOXX 50, DAX and FTSE 100 indices are falling between 0.4% and 0.9% following losses on Tuesday, suggesting the pan-European STOXX 600 index could near 6-week lows if things worsen during the session.   Even if support should be dialled back, any move is likely be at the margins and the ECB is expected to emphasize the move is not tapering and signal copious support for years to come.    Over in Asia, equities fell as regulatory jitters hit gaming and media stocks in China once again, adding to worries about central banks reducing support. U.S. index futures meantime point to slight declines on Wall Street later on.   In European corporate news, M&A could spice up the day.    UK gambling firm 888 Holdings agreed to 2.2 billion pounds deal to buy William Hill's non-U.S. assets, while lock maker Assa Abloy is to buy Spectrum Brands' hardware and home improvement unit for $4.3 billion.      RWE is another one to watch after news Activist fund ENKRAFT has taken a stake in the German utility, calling for separation of its lignite operations.     (Danilo Masoni)    *****","news_type":1,"symbols_score_info":{".DJI":0.9,"DDM":0.6,".SPX":0.9,"SDOW":0.6,"DXD":0.6,"UDOW":0.6,"DOG":0.6,"DJX":0.6}},"isVote":1,"tweetType":1,"viewCount":1184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889932191,"gmtCreate":1631101389313,"gmtModify":1676530467454,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/889932191","repostId":"2165936035","repostType":2,"repost":{"id":"2165936035","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":1631098800,"share":"https://ttm.financial/m/news/2165936035?lang=en_US&edition=fundamental","pubTime":"2021-09-08 19:00","market":"us","language":"en","title":"Powell risks his legacy if he doesn't start tapering soon","url":"https://stock-news.laohu8.com/highlight/detail?id=2165936035","media":"Dow Jones","summary":"The Fed shouldn't allow the White House or financial markets to bully it into continuing easy-money ","content":"<blockquote>\n The Fed shouldn't allow the White House or financial markets to bully it into continuing easy-money policies that could lead to a steep recession or stagflation.\n</blockquote>\n<p>The Federal Reserve should move quickly to taper purchases of Treasury and mortgage-backed securities, or it risks losing its independence from the whims of politicians and financial markets.</p>\n<p>In August 2020, the Fed announced that it would give priority to \"maximum employment\" and no longer act pre-emptively to stem inflation. It would accept a period of inflation greater than 2% to compensate for undershooting that target in the 2010s, but the Fed has been vague about how much overshooting is tolerable.</p>\n<p>Since April, the annualized pace of month-over-month CPI inflation has been 8.7%. That should not be attributed merely to a rebound in pandemic depressed prices for airplane tickets, rental and used cars, hotel rooms and the like. Supply-chain problems--such as those for computer chips, severe shortages of workers in manufacturing and transportation, climate-change impacts on agricultural productivity, problems in global transportation, and the costs of shifting to carbon-free technologies--will persist.</p>\n<p><b>Rising inflation</b></p>\n<p>Reflecting these, private economists' inflation forecasts keep rising.</p>\n<p>The Fed's policy change is anchored in the view that it tightened too quickly in the past and denied workers the opportunity to enjoy a sellers' labor market and bargain for higher pay.</p>\n<p>The Fed raised interest rates from June 2004 to June 2006 and from December 2015 to December 2018. During both episodes, the unemployment rate continued to fall.</p>\n<p>By June 2019, unemployment reached 3.6% but Powell let President Donald Trump bully him into stopping the tightening process. Now economists at the Biden White House have a preference for accommodative policies, and Powell is up for reappointment.</p>\n<p>If he leans against growing sentiment among members of the Federal Open Market Committee to announce a plan to taper by the end of the year, the appearance of pressure from West Wing economists and their supporters will be salient.</p>\n<p>Now read: Powell's tough choice: curb inflation or appease the Biden administration</p>\n<p><b>Bernanke &amp; the taper tantrum</b></p>\n<p>In 2013, Chairman Ben Bernanke raised the idea of scaling back the Fed's holdings of mortgage-backed securities. The 10-year Treasury rate jumped, a stock-market rout was feared, and Bernanke proceeded to add more than another $1 trillion to the Fed balance sheet, not the reverse.</p>\n<p>Monetary policy is supposed to work by the Fed regulating interest rates through the bond market but as the \"taper tantrum\" illustrated, financial-market reactions can strongly influence what the Fed does.</p>\n<p>Opinions run in both directions as to whether the Fed's easy-money policies exacerbate wealth inequality by boosting equity and home prices or reduce it. One thing is clear, stock and housing markets have thrived at higher rates than the present Treasury yield of less than 1.5%.</p>\n<p>Easy-money policies are no longer needed to create favorable labor market conditions. Employers have 10 million jobs they can't fill.</p>\n<p>Rock-bottom mortgage rates may be creating a bubble in housing markets but do little to increase the supplies of scarce building lots, materials and skilled tradesmen and boost the pace of new home construction.</p>\n<p>Pulling back on those purchases of mortgage-backed securities would raise mortgage rates and limit bidding wars for new homes, but reducing excess demand would have more constraining impact on housing prices than new home construction and employment.</p>\n<p><b>Market distortions</b></p>\n<p>Waiting too long to tighten monetary policy, the Fed is distorting capital markets--in particular, corporate junk bonds are being sold at terribly low rates. Bankruptcies that should have occurred have become zombie enterprises Similarly, some of the spectacular valuations of IPOs would not be possible if the Fed were not pumping so much liquidity into capital markets.</p>\n<p>Importantly, raising short-term interest rates and slowing bond purchases can take considerable time to affect business decisions and rein inflation.</p>\n<p>With its permissive policies, when inflation forces the Fed to tighten, the cycles of rising wages and prices will be entrenched and difficult to break. Higher interest rates will unleash a greater wave of corporate bankruptcies and layoffs, and the pullback in home prices will put recent buyers underwater on their mortgages.</p>\n<p>The Fed would face a choice between a tough, deep recession and stagflation--somewhat elevated unemployment and inflation at 3% to 5%, perhaps higher.</p>\n<p>The longer Powell waits, the worse it will be for him, congressional Democrats and President Joe Biden.</p>\n<p>With schools reopening and federal unemployment benefits ending in blue states, Powell should begin raising the federal funds rate and scaling back Treasury and mortgage-backed security purchases.</p>\n<p>That might cost him his job, but I won't want his legacy if he caves to political or market pressures to keep buying bonds indefinitely.</p>\n<p>Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell risks his legacy if he doesn't start tapering soon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell risks his legacy if he doesn't start tapering soon\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-08 19:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n The Fed shouldn't allow the White House or financial markets to bully it into continuing easy-money policies that could lead to a steep recession or stagflation.\n</blockquote>\n<p>The Federal Reserve should move quickly to taper purchases of Treasury and mortgage-backed securities, or it risks losing its independence from the whims of politicians and financial markets.</p>\n<p>In August 2020, the Fed announced that it would give priority to \"maximum employment\" and no longer act pre-emptively to stem inflation. It would accept a period of inflation greater than 2% to compensate for undershooting that target in the 2010s, but the Fed has been vague about how much overshooting is tolerable.</p>\n<p>Since April, the annualized pace of month-over-month CPI inflation has been 8.7%. That should not be attributed merely to a rebound in pandemic depressed prices for airplane tickets, rental and used cars, hotel rooms and the like. Supply-chain problems--such as those for computer chips, severe shortages of workers in manufacturing and transportation, climate-change impacts on agricultural productivity, problems in global transportation, and the costs of shifting to carbon-free technologies--will persist.</p>\n<p><b>Rising inflation</b></p>\n<p>Reflecting these, private economists' inflation forecasts keep rising.</p>\n<p>The Fed's policy change is anchored in the view that it tightened too quickly in the past and denied workers the opportunity to enjoy a sellers' labor market and bargain for higher pay.</p>\n<p>The Fed raised interest rates from June 2004 to June 2006 and from December 2015 to December 2018. During both episodes, the unemployment rate continued to fall.</p>\n<p>By June 2019, unemployment reached 3.6% but Powell let President Donald Trump bully him into stopping the tightening process. Now economists at the Biden White House have a preference for accommodative policies, and Powell is up for reappointment.</p>\n<p>If he leans against growing sentiment among members of the Federal Open Market Committee to announce a plan to taper by the end of the year, the appearance of pressure from West Wing economists and their supporters will be salient.</p>\n<p>Now read: Powell's tough choice: curb inflation or appease the Biden administration</p>\n<p><b>Bernanke &amp; the taper tantrum</b></p>\n<p>In 2013, Chairman Ben Bernanke raised the idea of scaling back the Fed's holdings of mortgage-backed securities. The 10-year Treasury rate jumped, a stock-market rout was feared, and Bernanke proceeded to add more than another $1 trillion to the Fed balance sheet, not the reverse.</p>\n<p>Monetary policy is supposed to work by the Fed regulating interest rates through the bond market but as the \"taper tantrum\" illustrated, financial-market reactions can strongly influence what the Fed does.</p>\n<p>Opinions run in both directions as to whether the Fed's easy-money policies exacerbate wealth inequality by boosting equity and home prices or reduce it. One thing is clear, stock and housing markets have thrived at higher rates than the present Treasury yield of less than 1.5%.</p>\n<p>Easy-money policies are no longer needed to create favorable labor market conditions. Employers have 10 million jobs they can't fill.</p>\n<p>Rock-bottom mortgage rates may be creating a bubble in housing markets but do little to increase the supplies of scarce building lots, materials and skilled tradesmen and boost the pace of new home construction.</p>\n<p>Pulling back on those purchases of mortgage-backed securities would raise mortgage rates and limit bidding wars for new homes, but reducing excess demand would have more constraining impact on housing prices than new home construction and employment.</p>\n<p><b>Market distortions</b></p>\n<p>Waiting too long to tighten monetary policy, the Fed is distorting capital markets--in particular, corporate junk bonds are being sold at terribly low rates. Bankruptcies that should have occurred have become zombie enterprises Similarly, some of the spectacular valuations of IPOs would not be possible if the Fed were not pumping so much liquidity into capital markets.</p>\n<p>Importantly, raising short-term interest rates and slowing bond purchases can take considerable time to affect business decisions and rein inflation.</p>\n<p>With its permissive policies, when inflation forces the Fed to tighten, the cycles of rising wages and prices will be entrenched and difficult to break. Higher interest rates will unleash a greater wave of corporate bankruptcies and layoffs, and the pullback in home prices will put recent buyers underwater on their mortgages.</p>\n<p>The Fed would face a choice between a tough, deep recession and stagflation--somewhat elevated unemployment and inflation at 3% to 5%, perhaps higher.</p>\n<p>The longer Powell waits, the worse it will be for him, congressional Democrats and President Joe Biden.</p>\n<p>With schools reopening and federal unemployment benefits ending in blue states, Powell should begin raising the federal funds rate and scaling back Treasury and mortgage-backed security purchases.</p>\n<p>That might cost him his job, but I won't want his legacy if he caves to political or market pressures to keep buying bonds indefinitely.</p>\n<p>Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165936035","content_text":"The Fed shouldn't allow the White House or financial markets to bully it into continuing easy-money policies that could lead to a steep recession or stagflation.\n\nThe Federal Reserve should move quickly to taper purchases of Treasury and mortgage-backed securities, or it risks losing its independence from the whims of politicians and financial markets.\nIn August 2020, the Fed announced that it would give priority to \"maximum employment\" and no longer act pre-emptively to stem inflation. It would accept a period of inflation greater than 2% to compensate for undershooting that target in the 2010s, but the Fed has been vague about how much overshooting is tolerable.\nSince April, the annualized pace of month-over-month CPI inflation has been 8.7%. That should not be attributed merely to a rebound in pandemic depressed prices for airplane tickets, rental and used cars, hotel rooms and the like. Supply-chain problems--such as those for computer chips, severe shortages of workers in manufacturing and transportation, climate-change impacts on agricultural productivity, problems in global transportation, and the costs of shifting to carbon-free technologies--will persist.\nRising inflation\nReflecting these, private economists' inflation forecasts keep rising.\nThe Fed's policy change is anchored in the view that it tightened too quickly in the past and denied workers the opportunity to enjoy a sellers' labor market and bargain for higher pay.\nThe Fed raised interest rates from June 2004 to June 2006 and from December 2015 to December 2018. During both episodes, the unemployment rate continued to fall.\nBy June 2019, unemployment reached 3.6% but Powell let President Donald Trump bully him into stopping the tightening process. Now economists at the Biden White House have a preference for accommodative policies, and Powell is up for reappointment.\nIf he leans against growing sentiment among members of the Federal Open Market Committee to announce a plan to taper by the end of the year, the appearance of pressure from West Wing economists and their supporters will be salient.\nNow read: Powell's tough choice: curb inflation or appease the Biden administration\nBernanke & the taper tantrum\nIn 2013, Chairman Ben Bernanke raised the idea of scaling back the Fed's holdings of mortgage-backed securities. The 10-year Treasury rate jumped, a stock-market rout was feared, and Bernanke proceeded to add more than another $1 trillion to the Fed balance sheet, not the reverse.\nMonetary policy is supposed to work by the Fed regulating interest rates through the bond market but as the \"taper tantrum\" illustrated, financial-market reactions can strongly influence what the Fed does.\nOpinions run in both directions as to whether the Fed's easy-money policies exacerbate wealth inequality by boosting equity and home prices or reduce it. One thing is clear, stock and housing markets have thrived at higher rates than the present Treasury yield of less than 1.5%.\nEasy-money policies are no longer needed to create favorable labor market conditions. Employers have 10 million jobs they can't fill.\nRock-bottom mortgage rates may be creating a bubble in housing markets but do little to increase the supplies of scarce building lots, materials and skilled tradesmen and boost the pace of new home construction.\nPulling back on those purchases of mortgage-backed securities would raise mortgage rates and limit bidding wars for new homes, but reducing excess demand would have more constraining impact on housing prices than new home construction and employment.\nMarket distortions\nWaiting too long to tighten monetary policy, the Fed is distorting capital markets--in particular, corporate junk bonds are being sold at terribly low rates. Bankruptcies that should have occurred have become zombie enterprises Similarly, some of the spectacular valuations of IPOs would not be possible if the Fed were not pumping so much liquidity into capital markets.\nImportantly, raising short-term interest rates and slowing bond purchases can take considerable time to affect business decisions and rein inflation.\nWith its permissive policies, when inflation forces the Fed to tighten, the cycles of rising wages and prices will be entrenched and difficult to break. Higher interest rates will unleash a greater wave of corporate bankruptcies and layoffs, and the pullback in home prices will put recent buyers underwater on their mortgages.\nThe Fed would face a choice between a tough, deep recession and stagflation--somewhat elevated unemployment and inflation at 3% to 5%, perhaps higher.\nThe longer Powell waits, the worse it will be for him, congressional Democrats and President Joe Biden.\nWith schools reopening and federal unemployment benefits ending in blue states, Powell should begin raising the federal funds rate and scaling back Treasury and mortgage-backed security purchases.\nThat might cost him his job, but I won't want his legacy if he caves to political or market pressures to keep buying bonds indefinitely.\nPeter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1056,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817868538,"gmtCreate":1630932455624,"gmtModify":1676530423336,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817868538","repostId":"1158349328","repostType":4,"repost":{"id":"1158349328","kind":"news","pubTimestamp":1630913486,"share":"https://ttm.financial/m/news/1158349328?lang=en_US&edition=fundamental","pubTime":"2021-09-06 15:31","market":"us","language":"en","title":"Why 2021 Is the Kind of Year to Banish the September Stock Blues","url":"https://stock-news.laohu8.com/highlight/detail?id=1158349328","media":"Barron's","summary":"Stocks famously perform poorly in September. But that may not necessarily be the case in a year like","content":"<p>Stocks famously perform poorly in September. But that may not necessarily be the case in a year like 2021.</p>\n<p>Since 1928, the average September return for the S&amp;P 500 has been a 0.99% loss. That makes the month far worse than May, which ranks second in investor gloom with an average loss of 0.11%. But there’s a caveat here. History also finds that Septembers that follow strong gains earlier in the year tended to have positive returns. When the S&amp;P 500 rose by more than 13% over the first six months, the median September gain since 1928 rang in at 1.4%, according to Fundstrat.</p>\n<p>Over that 93-year span, the S&amp;P fell in 54% of the Septembers. But when markets rose from January through June, 63% of the Septembers saw positive gains. Through June of this year, the S&amp;P 500 rallied 14%.</p>\n<p><img src=\"https://static.tigerbbs.com/dc9b7962b08fe42d27d182d586cf20e4\" tg-width=\"778\" tg-height=\"440\" referrerpolicy=\"no-referrer\">A similar trend applies to the year. Strategists atWells Fargo recently lifted their target for the S&amp;P 500 to a level that reflects more than 6% upside from current prices. Using data back to 1990, they say that in years in which the S&amp;P sees double-digit percentage gains for the first eight months, it rises another 8% to finish the year.</p>\n<p><img src=\"https://static.tigerbbs.com/23718a745d8c03556be0411afdf1af64\" tg-width=\"792\" tg-height=\"438\" referrerpolicy=\"no-referrer\">The S&amp;P 500 closed on Thursday at 4523, ending August with a year-to-date gain of 20.4%. But be aware of one thing: The ride could be bumpy. The S&amp;P 500 hasn’t had a pullback of more than 5% this year. With risks on the horizon—the Delta variant, inflation, high valuations, even a corporate-tax increase—stocks could easily correct. “Markets are ‘overbought’ and due for a pullback,” writes Fundstrat research head Tom Lee. Perhaps, but don’t be surprised if this market bucks the September blues.</p>\n<p><b>This&nbsp;Week&nbsp;</b></p>\n<p><b>Monday 9/6</b></p>\n<p><b>Stock and fixed-income</b> markets are closed in observance of Labor Day.</p>\n<p><b>Tuesday 9/7</b></p>\n<p>Casey’s General Stores and Coupa Software announce earnings.</p>\n<p><b>Wednesday 9/8</b></p>\n<p>Copart, GameStop,&nbsp;and Lululemon Athletica&nbsp;release quarterly results.</p>\n<p>Analog Devices hosts a conference call to discuss its capital-allocation plans and update its outlook for fiscal 2021. The company recently closed its $21 billion acquisition of Maxim Integrated Products.</p>\n<p>Global Payments, Johnson Controls International,&nbsp;and ResMed&nbsp;hold virtual investor days.</p>\n<p><b>The Bureau of Labor</b>&nbsp;Statistics releases the Job Openings and Labor Turnover Survey. Consensus estimate is for 10 million job openings on the last business day of July. In June, there were 10.1 million openings, the fourth consecutive monthly record.</p>\n<p><b>The Federal Reserve</b> reports consumer credit data for July. Total outstanding consumer debt increased by $37.7 billion to a record $4.32 trillion in June. For the second quarter, consumer credit rose at a seasonally adjusted annual rate of 8.8%, reflecting pent-up demand.</p>\n<p><b>The Federal Reserve</b> releases the beige book for the sixth of eight times this year. The report summarizes current economic conditions among the 12 Federal Reserve districts.</p>\n<p><b>Thursday 9/9</b></p>\n<p>Home Depot&nbsp;hosts a conference call to discuss its ESG strategy, led by Ron Jarvis, the company’s chief sustainability officer.</p>\n<p>Moderna hosts its fifth annual R&amp;D day to discuss vaccines in the company’s pipeline. CEO Stéphane Bancel will be among the presenters.</p>\n<p>Danaher holds an investor and analyst meeting, hosted by its CEO Rainer Blair.</p>\n<p>International Paper,&nbsp;Synchrony Financial,&nbsp;and Willis Towers Watson hold investor days.</p>\n<p><b>The European Central</b>&nbsp;Bank announces its monetary-policy decision. The ECB is expected to keep its key interest rate unchanged at minus 0.5%.</p>\n<p><b>The Department of Labor</b>&nbsp;reports initial jobless claims for the week ending on Sept. 4. In August, claims averaged 355,000 a week, the lowest since the pandemic’s onset. This will also be the last week that the extra $300 from federal enhanced unemployment benefits is available. They are set to expire by Sept. 6.</p>\n<p><b>Friday 9/10</b></p>\n<p><b>The BLS reports</b>the producer price index for August. Economists forecast a 0.6% monthly rise along with a 0.5% increase for the core PPI, which excludes volatile food and energy prices. Both jumped 1% in July.</p>\n<p>Kroger&nbsp;holds a conference calls to discuss earnings.&nbsp;Albemarle and Bio-Techne host their 2021 investor days.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why 2021 Is the Kind of Year to Banish the September Stock Blues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy 2021 Is the Kind of Year to Banish the September Stock Blues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 15:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/september-stock-market-outlook-51630703979?mod=markets><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks famously perform poorly in September. But that may not necessarily be the case in a year like 2021.\nSince 1928, the average September return for the S&P 500 has been a 0.99% loss. That makes ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/september-stock-market-outlook-51630703979?mod=markets\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/articles/september-stock-market-outlook-51630703979?mod=markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158349328","content_text":"Stocks famously perform poorly in September. But that may not necessarily be the case in a year like 2021.\nSince 1928, the average September return for the S&P 500 has been a 0.99% loss. That makes the month far worse than May, which ranks second in investor gloom with an average loss of 0.11%. But there’s a caveat here. History also finds that Septembers that follow strong gains earlier in the year tended to have positive returns. When the S&P 500 rose by more than 13% over the first six months, the median September gain since 1928 rang in at 1.4%, according to Fundstrat.\nOver that 93-year span, the S&P fell in 54% of the Septembers. But when markets rose from January through June, 63% of the Septembers saw positive gains. Through June of this year, the S&P 500 rallied 14%.\nA similar trend applies to the year. Strategists atWells Fargo recently lifted their target for the S&P 500 to a level that reflects more than 6% upside from current prices. Using data back to 1990, they say that in years in which the S&P sees double-digit percentage gains for the first eight months, it rises another 8% to finish the year.\nThe S&P 500 closed on Thursday at 4523, ending August with a year-to-date gain of 20.4%. But be aware of one thing: The ride could be bumpy. The S&P 500 hasn’t had a pullback of more than 5% this year. With risks on the horizon—the Delta variant, inflation, high valuations, even a corporate-tax increase—stocks could easily correct. “Markets are ‘overbought’ and due for a pullback,” writes Fundstrat research head Tom Lee. Perhaps, but don’t be surprised if this market bucks the September blues.\nThis Week \nMonday 9/6\nStock and fixed-income markets are closed in observance of Labor Day.\nTuesday 9/7\nCasey’s General Stores and Coupa Software announce earnings.\nWednesday 9/8\nCopart, GameStop, and Lululemon Athletica release quarterly results.\nAnalog Devices hosts a conference call to discuss its capital-allocation plans and update its outlook for fiscal 2021. The company recently closed its $21 billion acquisition of Maxim Integrated Products.\nGlobal Payments, Johnson Controls International, and ResMed hold virtual investor days.\nThe Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey. Consensus estimate is for 10 million job openings on the last business day of July. In June, there were 10.1 million openings, the fourth consecutive monthly record.\nThe Federal Reserve reports consumer credit data for July. Total outstanding consumer debt increased by $37.7 billion to a record $4.32 trillion in June. For the second quarter, consumer credit rose at a seasonally adjusted annual rate of 8.8%, reflecting pent-up demand.\nThe Federal Reserve releases the beige book for the sixth of eight times this year. The report summarizes current economic conditions among the 12 Federal Reserve districts.\nThursday 9/9\nHome Depot hosts a conference call to discuss its ESG strategy, led by Ron Jarvis, the company’s chief sustainability officer.\nModerna hosts its fifth annual R&D day to discuss vaccines in the company’s pipeline. CEO Stéphane Bancel will be among the presenters.\nDanaher holds an investor and analyst meeting, hosted by its CEO Rainer Blair.\nInternational Paper, Synchrony Financial, and Willis Towers Watson hold investor days.\nThe European Central Bank announces its monetary-policy decision. The ECB is expected to keep its key interest rate unchanged at minus 0.5%.\nThe Department of Labor reports initial jobless claims for the week ending on Sept. 4. In August, claims averaged 355,000 a week, the lowest since the pandemic’s onset. This will also be the last week that the extra $300 from federal enhanced unemployment benefits is available. They are set to expire by Sept. 6.\nFriday 9/10\nThe BLS reportsthe producer price index for August. Economists forecast a 0.6% monthly rise along with a 0.5% increase for the core PPI, which excludes volatile food and energy prices. Both jumped 1% in July.\nKroger holds a conference calls to discuss earnings. Albemarle and Bio-Techne host their 2021 investor days.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":860,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814269751,"gmtCreate":1630825819973,"gmtModify":1676530402221,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/814269751","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","kind":"news","pubTimestamp":1630810619,"share":"https://ttm.financial/m/news/1157895022?lang=en_US&edition=fundamental","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<blockquote>\n <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>\n</blockquote>\n<p>Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p>\n<p>That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p>\n<p>Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p>\n<p>His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p>\n<p>There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p>\n<p>So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p>\n<p>Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p>\n<p><b>Lesson #1: Don’t be emotional</b></p>\n<p>It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p>\n<p>Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p>\n<p>To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p>\n<p><b>Lesson #2: Have a system and stick to it</b></p>\n<p>To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p>\n<p>The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p>\n<p>When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p>\n<p>“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p>\n<p>Right now, it’s bullish. (More on this below.)</p>\n<p>Your system also has to tell you when to get back in.</p>\n<p>“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p>\n<p>You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p>\n<p>“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p>\n<p>His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p>\n<p>“The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p>\n<p><b>Lesson #3: Don’t fight the tape</b></p>\n<p>This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p>\n<p>“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p>\n<p>In other words, don’t try to be a hero.</p>\n<p>“Sometimes, not losing money is where you want to be,” he says.</p>\n<p>Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p>\n<p><b>Lesson #4: Keep it simple</b></p>\n<p>As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p>\n<p>“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p>\n<p><b>Lesson #5: How to trade the current market</b></p>\n<p>First, be long.</p>\n<p>“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p>\n<p>One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p>\n<p>Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p>\n<p>He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p>\n<p>He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p>\n<p>He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p>\n<p>As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p>\n<p>Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p>\n<p>He prefers to add to holdings on 1%-3% dips.</p>\n<p><b>A few drawbacks</b></p>\n<p>His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p>\n<p>Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p>\n<p>“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p>\n<p>Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p>","source":"lsy1603348471595","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>Beat the market with this quant system that’s very bullish on stocks at record highs</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\">\nBeat the market with this quant system that’s very bullish on stocks at record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 10:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">Source 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","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1,"symbols_score_info":{".SPX":0.9,"SPY":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814918458,"gmtCreate":1630741221774,"gmtModify":1676530388760,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814918458","repostId":"2164803577","repostType":4,"isVote":1,"tweetType":1,"viewCount":850,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812748252,"gmtCreate":1630627236976,"gmtModify":1676530358444,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812748252","repostId":"1110894847","repostType":4,"isVote":1,"tweetType":1,"viewCount":1006,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812975175,"gmtCreate":1630549584597,"gmtModify":1676530337474,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812975175","repostId":"2164481914","repostType":4,"isVote":1,"tweetType":1,"viewCount":871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":830020460,"gmtCreate":1628994483850,"gmtModify":1676529905916,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/830020460","repostId":"2159321288","repostType":4,"repost":{"id":"2159321288","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628990553,"share":"https://ttm.financial/m/news/2159321288?lang=en_US&edition=fundamental","pubTime":"2021-08-15 09:22","market":"us","language":"en","title":"Why Regulatory Risk Is A Silver Lining For Apple And Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321288","media":"Benzinga","summary":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and","content":"<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p>\n<p>With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p>\n<p><b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p>\n<p>This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p>\n<p>The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p>\n<p><b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p>\n<p>Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p>\n<p>Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p>\n<p>Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p>\n<p><b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do&nbsp;materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p>\n<p>\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p>\n<p>Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p>\n<p>Latest Ratings for AAPL</p>\n<table>\n <tbody>\n  <tr>\n   <th>Date</th>\n   <th>Firm</th>\n   <th>Action</th>\n   <th>From</th>\n   <th>To</th>\n  </tr>\n </tbody>\n <tbody>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Loop Capital</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Deutsche Bank</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Piper Sandler</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Overweight</td>\n  </tr>\n </tbody>\n</table>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Regulatory Risk Is A Silver Lining For Apple And Google</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\">\nWhy Regulatory Risk Is A Silver Lining For Apple And Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-15 09:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p>\n<p>With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p>\n<p><b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p>\n<p>This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p>\n<p>The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p>\n<p><b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p>\n<p>Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p>\n<p>Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p>\n<p>Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p>\n<p><b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do&nbsp;materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p>\n<p>\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p>\n<p>Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p>\n<p>Latest Ratings for AAPL</p>\n<table>\n <tbody>\n  <tr>\n   <th>Date</th>\n   <th>Firm</th>\n   <th>Action</th>\n   <th>From</th>\n   <th>To</th>\n  </tr>\n </tbody>\n <tbody>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Loop Capital</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Deutsche Bank</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Jul 2021</td>\n   <td>Piper Sandler</td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Overweight</td>\n  </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOG":"谷歌","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321288","content_text":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.\nWith a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.\nWhat the New Legislation Is All About:  The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.\nThis will help avoiding the 30% take rate on in-app purchases, the analyst said.\nThe proposed bill will have to be approved by the House and Senate before becoming law, Munster said.\nRegulation Not Automatically Negative:  The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.\nEven if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.\nApple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.\nAdditionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.\nMunster's Take On Potential Regulation:  The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.\n\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.\nApple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.\nLatest Ratings for AAPL\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nJul 2021\nLoop Capital\nMaintains\n\nBuy\n\n\nJul 2021\nDeutsche Bank\nMaintains\n\nBuy\n\n\nJul 2021\nPiper Sandler\nMaintains\n\nOverweight","news_type":1,"symbols_score_info":{"GOOG":0.9,"AAPL":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":664,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3571345352614779","idStr":"3571345352614779"},"content":"like & comment, thank you very much","text":"like & comment, thank you very much","html":"like & comment, thank you very much"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805199808,"gmtCreate":1627864129904,"gmtModify":1703496675643,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/805199808","repostId":"1170689665","repostType":4,"repost":{"id":"1170689665","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":1627857540,"share":"https://ttm.financial/m/news/1170689665?lang=en_US&edition=fundamental","pubTime":"2021-08-02 06:39","market":"us","language":"en","title":"Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1170689665","media":"Tiger Newspress","summary":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Dig","content":"<p>The parade of second-quarter results continues this week. No fewer than 143 S&amp;P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p>\n<p>Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and&nbsp;ViacomCBS&nbsp;go on Thursday and&nbsp;DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation&nbsp;New Oriental Education &amp; Technology Group Inc. and&nbsp;TAL Education Group&nbsp;cancels scheduled earnings release and earnings call.</p>\n<p><img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p>\n<p>The highlight on the&nbsp;economic&nbsp;calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p>\n<p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p>\n<p><b>Monday 8/2</b></p>\n<p>CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett &amp; Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p>\n<p>GE stock&nbsp;will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p>\n<p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p>\n<p><b>The Census Bureau</b>&nbsp;reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p>\n<p><b>Tuesday 8/3</b></p>\n<p>Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun &amp; Bradstreet Holdings,ConocoPhillips, and&nbsp;Jacobs Engineering Grouphost conference calls to discuss financial results.</p>\n<p><b>The Census Bureau</b>&nbsp;is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p>\n<p><b>Wednesday 8/4</b></p>\n<p>Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p>\n<p><b>The Bureau of Economic</b>&nbsp;Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p>\n<p><b>The ISM releases</b>&nbsp;its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p>\n<p><b>ADP releases</b>&nbsp;its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p>\n<p><b>Thursday 8/5</b></p>\n<p>Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman &amp; Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and&nbsp;Siemensare expected to report financial results.</p>\n<p>Friday 8/6</p>\n<p><b>The BLS releases the jobs report</b>&nbsp;for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p>\n<p>DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week</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\">\nAlibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-02 06:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The parade of second-quarter results continues this week. No fewer than 143 S&amp;P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p>\n<p>Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and&nbsp;ViacomCBS&nbsp;go on Thursday and&nbsp;DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation&nbsp;New Oriental Education &amp; Technology Group Inc. and&nbsp;TAL Education Group&nbsp;cancels scheduled earnings release and earnings call.</p>\n<p><img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p>\n<p>The highlight on the&nbsp;economic&nbsp;calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p>\n<p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p>\n<p><b>Monday 8/2</b></p>\n<p>CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett &amp; Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p>\n<p>GE stock&nbsp;will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p>\n<p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p>\n<p><b>The Census Bureau</b>&nbsp;reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p>\n<p><b>Tuesday 8/3</b></p>\n<p>Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun &amp; Bradstreet Holdings,ConocoPhillips, and&nbsp;Jacobs Engineering Grouphost conference calls to discuss financial results.</p>\n<p><b>The Census Bureau</b>&nbsp;is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p>\n<p><b>Wednesday 8/4</b></p>\n<p>Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p>\n<p><b>The Bureau of Economic</b>&nbsp;Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p>\n<p><b>The ISM releases</b>&nbsp;its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p>\n<p><b>ADP releases</b>&nbsp;its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p>\n<p><b>Thursday 8/5</b></p>\n<p>Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman &amp; Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and&nbsp;Siemensare expected to report financial results.</p>\n<p>Friday 8/6</p>\n<p><b>The BLS releases the jobs report</b>&nbsp;for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p>\n<p>DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天","UBER":"优步",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BABA":"阿里巴巴","ROKU":"Roku Inc","DKNG":"DraftKings Inc.","GM":"通用汽车",".DJI":"道琼斯","EA":"艺电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170689665","content_text":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.\nWednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and ViacomCBS go on Thursday and DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation New Oriental Education & Technology Group Inc. and TAL Education Group cancels scheduled earnings release and earnings call.\n\nThe highlight on the economic calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.\nOther data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.\nMonday 8/2\nCNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett & Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.\nGE stock will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.\nThe Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.\nThe Census Bureau reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.\nTuesday 8/3\nEaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun & Bradstreet Holdings,ConocoPhillips, and Jacobs Engineering Grouphost conference calls to discuss financial results.\nThe Census Bureau is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.\nWednesday 8/4\nSony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.\nThe Bureau of Economic Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.\nThe ISM releases its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.\nADP releases its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.\nThursday 8/5\nZillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman & Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and Siemensare expected to report financial results.\nFriday 8/6\nThe BLS releases the jobs report for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.\nDraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.","news_type":1,"symbols_score_info":{"GE":0.9,".DJI":0.9,"ROKU":0.9,"BABA":0.9,".SPX":0.9,"VIAC":0.9,"EA":0.9,"GM":0.9,"UBER":0.9,"DKNG":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":895,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834974005,"gmtCreate":1629769464307,"gmtModify":1676530125135,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/834974005","repostId":"2161708033","repostType":4,"isVote":1,"tweetType":1,"viewCount":967,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888357999,"gmtCreate":1631444146711,"gmtModify":1676530549285,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/888357999","repostId":"1189654544","repostType":2,"repost":{"id":"1189654544","kind":"news","pubTimestamp":1631406130,"share":"https://ttm.financial/m/news/1189654544?lang=en_US&edition=fundamental","pubTime":"2021-09-12 08:22","market":"us","language":"en","title":"US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1189654544","media":"Renaissance Capital","summary":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion i","content":"<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p>\n<p>Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p>\n<p>Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p>\n<p>After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p>\n<p>Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p>\n<p>Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p>\n<p>Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p>\n<p>Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p>\n<p>Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p>\n<p>Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p>\n<p>Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p>\n<p><img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p>","source":"lsy1603787993745","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 IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week</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 IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 08:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DH":"Definitive Healthcare Corp.",".DJI":"道琼斯","BROS":"Dutch Bros Inc.","FORG":"ForgeRock, Inc.","TYRA":"Tyra Biosciences, Inc.","ONON":"On Holding AG","TWKS":"Thoughtworks Holding Inc.",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SRAD":"Sportradar Group AG","PRCT":"PROCEPT BioRobotics","DICE":"DICE Therapeutics, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189654544","content_text":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.\nSwiss running shoe brand On Holding(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.\nAfter ending talks to go public via SPAC,Sportradar Group(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.\nDrive-thru coffee chain Dutch Bros(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.\nHealthcare intelligence platform Definitive Healthcare(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.\nIdentity management platform ForgeRock(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.\nImmunology biotech DICE Therapeutics(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.\nSurgical robotics developer PROCEPT BioRobotics(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.\nOncology biotech Tyra Biosciences(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.\nMicro-cap gas delivery service EzFill Holdings(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1,"symbols_score_info":{"FORG":0.9,"DH":0.9,".SPX":0.9,"BROS":0.9,"DICE":0.9,"TWKS":0.9,"TYRA":0.9,"EZFL":0.9,".IXIC":0.9,"SRAD":0.9,".DJI":0.9,"ONON":0.9,"PRCT":0.9}},"isVote":1,"tweetType":1,"viewCount":1265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811195473,"gmtCreate":1630294997592,"gmtModify":1676530260297,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/811195473","repostId":"1111293683","repostType":4,"repost":{"id":"1111293683","kind":"news","pubTimestamp":1630294178,"share":"https://ttm.financial/m/news/1111293683?lang=en_US&edition=fundamental","pubTime":"2021-08-30 11:29","market":"us","language":"en","title":"High-Frequency Data Show Delta Fearmongering Softens Economy","url":"https://stock-news.laohu8.com/highlight/detail?id=1111293683","media":"zerohedge","summary":"What worries us is macroeconomic data has already begun to slow amid unprecedented fiscal and moneta","content":"<p>What&nbsp;worries&nbsp;us is macroeconomic data has already begun to slow amid unprecedented fiscal and monetary stimuli in history, and all those tailwinds could soon become headwinds.</p>\n<p>For instance, retail sales plunged again in July, and the employment and industrial production data are becoming disappointing considering the level of stimuli.</p>\n<p>One month after the BEA shocked Wall Street with its first estimate of Q2 GDP, which was a significant miss to expectations of 8.5%, printing at just 6.5%, last week far fewer fireworks when the BEA released its first estimate of Q2 GDP, which came in at 6.6%&nbsp;which was also a miss to forecasts of 6.7%.</p>\n<p>As the economy slows, Goldman Sachs slashed its Q3 GDP estimate of 8.5% earlier this month and now sees just 5.5% growth in Q3. We noted that \"a&nbsp;sudden negative change\" occurred in the economy because consumer spending is collapsing.</p>\n<p>And while most banks have been quick to attribute the sudden slump in retail sales to Delta fears, Morgan Stanley's chief equity strategist&nbsp;Michael Wilson&nbsp;told clients, \"disappointing retail sales and consumer sentiment suggest the US consumer is fading,\" and while he shares our view that most blame Delta he, like us, thinks this is more about a payback in demand.</p>\n<p>Broadly speaking, US economic surprise data, which measures the degree to which the economic data is either beating or missing economists' forecasts, turned negative in late July and continues to plunge.</p>\n<p><img src=\"https://static.tigerbbs.com/468d60c909bd4b3d9a80edc01b8d656f\" tg-width=\"1166\" tg-height=\"549\" referrerpolicy=\"no-referrer\">For a real-time glimpse of the economy (courtesy ofBloomberg), otherwise known as high-frequency data, there are signs that airlines, hotels, and restaurants are experiencing a slowdown in&nbsp;activity as mainstream media fearmongers the Delta variant.</p>\n<p><b><i>Airlines</i></b></p>\n<p><i>The number of travelers moving through airport checkpoints has started to drop again.</i></p>\n<p><i>On Tuesday, 1.47 million travelers took flights, the fewest in more than three months, according to Transportation Security Administration data. The seven-day average has declined to around 1.76 million passengers a day in late August from around 2.05 million a month earlier.</i></p>\n<p><i>While this partly reflects the end of the summer vacation season, airlines have also cited the delta variant. There's been a \"deceleration in leisure booking and an increase in cancellations,\" said Helane Becker, senior reseach analyst with Cowen Inc. As companies have delayed a return to offices, the return of business air travel is also likely delayed, she said.</i></p>\n<p><img src=\"https://static.tigerbbs.com/bb88250affc828d95b6f90a5514e8cc6\" tg-width=\"1176\" tg-height=\"602\" referrerpolicy=\"no-referrer\"><b><i>Restaurant Dining</i></b></p>\n<p><i>Seated dining at US restaurants has been running at about 10-11% below 2019 levels in recent weeks, after narrowing the gap to just 5-6% below in late July, according to OpenTable, which processes reservations online. Concern about delta and city mandates are playing a role, according to the company.</i></p>\n<p><i>\"We see a pronounced decline in late July and August,\" said Debby Soo, chief executive officer at OpenTable. \"While several factors could be at play here, we believe the primary driver of the downturn is diners' concerns about the rise in Covid cases.\"</i></p>\n<p><img src=\"https://static.tigerbbs.com/b02fe559900b4a89947f33643673ee69\" tg-width=\"1146\" tg-height=\"508\" referrerpolicy=\"no-referrer\"><b><i>Hotel Occupancy</i></b></p>\n<p><i>While leisure travel helped to boost some popular destinations over the summer, hotel occupancy has now declined for four consecutive weeks, according to STR, a lodging data tracker. Average room rates have declined for three weeks.</i></p>\n<p><i>Among 25 large US markets, none saw increased occupancy in the week ended Aug. 21 compared with the same week of 2019, STR found. Occupancy dropped by more than 40% in San Francisco, most of any market.</i></p>\n<p><i>\"Demand looks like it is running slightly worse than the typical seasonal decline,\" said Bill Crow, Raymond James Financial analyst. There's \"a chill on travel caused by the delta variant case increases\" with business-travel markets doing poorly.</i></p>\n<p><img src=\"https://static.tigerbbs.com/6c2989833488bed070982cc642dc5a22\" tg-width=\"718\" tg-height=\"495\" referrerpolicy=\"no-referrer\">Bloomberg's economist Eliza Winger wrote, \"the delta variant has shown some signs of restraining vigor in consumer spending on in-person services. The softer-than-expected July retail sales report, combined with moderating demand for dining out and air travel, and delayed back-to-office plans, flag downside risks to consumer momentum in the second half.\"</p>\n<p>A slowing economy for the Biden administration is a big dilemma and could be used as talking points by Republicans in next November's midterm elections.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>High-Frequency Data Show Delta Fearmongering Softens Economy</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\">\nHigh-Frequency Data Show Delta Fearmongering Softens Economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 11:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/high-frequency-data-show-delta-fearmongering-softens-economy?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What worries us is macroeconomic data has already begun to slow amid unprecedented fiscal and monetary stimuli in history, and all those tailwinds could soon become headwinds.\nFor instance, retail ...</p>\n\n<a href=\"https://www.zerohedge.com/economics/high-frequency-data-show-delta-fearmongering-softens-economy?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Source 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","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/economics/high-frequency-data-show-delta-fearmongering-softens-economy?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111293683","content_text":"What worries us is macroeconomic data has already begun to slow amid unprecedented fiscal and monetary stimuli in history, and all those tailwinds could soon become headwinds.\nFor instance, retail sales plunged again in July, and the employment and industrial production data are becoming disappointing considering the level of stimuli.\nOne month after the BEA shocked Wall Street with its first estimate of Q2 GDP, which was a significant miss to expectations of 8.5%, printing at just 6.5%, last week far fewer fireworks when the BEA released its first estimate of Q2 GDP, which came in at 6.6% which was also a miss to forecasts of 6.7%.\nAs the economy slows, Goldman Sachs slashed its Q3 GDP estimate of 8.5% earlier this month and now sees just 5.5% growth in Q3. We noted that \"a sudden negative change\" occurred in the economy because consumer spending is collapsing.\nAnd while most banks have been quick to attribute the sudden slump in retail sales to Delta fears, Morgan Stanley's chief equity strategist Michael Wilson told clients, \"disappointing retail sales and consumer sentiment suggest the US consumer is fading,\" and while he shares our view that most blame Delta he, like us, thinks this is more about a payback in demand.\nBroadly speaking, US economic surprise data, which measures the degree to which the economic data is either beating or missing economists' forecasts, turned negative in late July and continues to plunge.\nFor a real-time glimpse of the economy (courtesy ofBloomberg), otherwise known as high-frequency data, there are signs that airlines, hotels, and restaurants are experiencing a slowdown in activity as mainstream media fearmongers the Delta variant.\nAirlines\nThe number of travelers moving through airport checkpoints has started to drop again.\nOn Tuesday, 1.47 million travelers took flights, the fewest in more than three months, according to Transportation Security Administration data. The seven-day average has declined to around 1.76 million passengers a day in late August from around 2.05 million a month earlier.\nWhile this partly reflects the end of the summer vacation season, airlines have also cited the delta variant. There's been a \"deceleration in leisure booking and an increase in cancellations,\" said Helane Becker, senior reseach analyst with Cowen Inc. As companies have delayed a return to offices, the return of business air travel is also likely delayed, she said.\nRestaurant Dining\nSeated dining at US restaurants has been running at about 10-11% below 2019 levels in recent weeks, after narrowing the gap to just 5-6% below in late July, according to OpenTable, which processes reservations online. Concern about delta and city mandates are playing a role, according to the company.\n\"We see a pronounced decline in late July and August,\" said Debby Soo, chief executive officer at OpenTable. \"While several factors could be at play here, we believe the primary driver of the downturn is diners' concerns about the rise in Covid cases.\"\nHotel Occupancy\nWhile leisure travel helped to boost some popular destinations over the summer, hotel occupancy has now declined for four consecutive weeks, according to STR, a lodging data tracker. Average room rates have declined for three weeks.\nAmong 25 large US markets, none saw increased occupancy in the week ended Aug. 21 compared with the same week of 2019, STR found. Occupancy dropped by more than 40% in San Francisco, most of any market.\n\"Demand looks like it is running slightly worse than the typical seasonal decline,\" said Bill Crow, Raymond James Financial analyst. There's \"a chill on travel caused by the delta variant case increases\" with business-travel markets doing poorly.\nBloomberg's economist Eliza Winger wrote, \"the delta variant has shown some signs of restraining vigor in consumer spending on in-person services. The softer-than-expected July retail sales report, combined with moderating demand for dining out and air travel, and delayed back-to-office plans, flag downside risks to consumer momentum in the second half.\"\nA slowing economy for the Biden administration is a big dilemma and could be used as talking points by Republicans in next November's midterm elections.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890574502,"gmtCreate":1628126258106,"gmtModify":1703501664004,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/890574502","repostId":"1124323034","repostType":4,"isVote":1,"tweetType":1,"viewCount":774,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869097423,"gmtCreate":1632225603362,"gmtModify":1676530728345,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/869097423","repostId":"1173746472","repostType":2,"repost":{"id":"1173746472","kind":"news","pubTimestamp":1632221699,"share":"https://ttm.financial/m/news/1173746472?lang=en_US&edition=fundamental","pubTime":"2021-09-21 18:54","market":"us","language":"en","title":"Why the Stock Market Tanked Monday—and What to Do About It","url":"https://stock-news.laohu8.com/highlight/detail?id=1173746472","media":"MarketWatch","summary":"The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all","content":"<p>The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.</p>\n<p>The S&amp;P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&amp;P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.</p>\n<p>While Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&amp;P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.</p>\n<p>Supply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.</p>\n<p>“One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”</p>\n<p>The other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&amp;P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&amp;P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.</p>\n<p>There’s a good chance it won’t. One major reason the S&amp;P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.</p>\n<p>There’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&amp;P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.</p>\n<p>Combine the lower valuations with the drop in earnings estimates and the S&amp;P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&amp;P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.</p>\n<p>That means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&amp;P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.</p>\n<p>Of course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.</p>\n<p>Sometimes, it’s better to be safe than sorry.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why the Stock Market Tanked Monday—and What to Do About It</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy the Stock Market Tanked Monday—and What to Do About It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.\nThe S&P 500 dropped 1.7%...</p>\n\n<a href=\"https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173746472","content_text":"The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.\nThe S&P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.\nWhile Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.\nSupply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.\n“One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”\nThe other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.\nThere’s a good chance it won’t. One major reason the S&P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.\nThere’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.\nCombine the lower valuations with the drop in earnings estimates and the S&P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.\nThat means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.\nOf course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.\nSometimes, it’s better to be safe than sorry.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":3713,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836258513,"gmtCreate":1629503017332,"gmtModify":1676530058529,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/836258513","repostId":"1191201221","repostType":4,"isVote":1,"tweetType":1,"viewCount":639,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804808137,"gmtCreate":1627948422729,"gmtModify":1703498258097,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/804808137","repostId":"2156117308","repostType":4,"isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863627301,"gmtCreate":1632388675203,"gmtModify":1676530770171,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/863627301","repostId":"2169669996","repostType":2,"isVote":1,"tweetType":1,"viewCount":3737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}