Frozenjs personal page - To The Moon

Frozenjs

Frozenjs

No personal profile

15Follow

10Followers

0Topic

0Badge

2021-09-08

$UiPath(PATH)$I believe many people bought this stock because they followed cathie wood, as she invested several millions. So don’t follow her her blindly. She has $$$ to burn while retail investors like us don’t

2021-09-08

Uipath is overpriced, will consider buying if it dips to $50ish

UiPath stock falls following earnings beat, outlook hike

2021-08-27

$FRASERS LOGISTICS & IND TRUST(BUOU.SI)$Today all the reits are in red except you. Good resilience ??

2021-09-12

Too ex have to wait for them to dip

Sorry, the original content has been removed

2021-08-30

I just believed what goes up must come down, esp if the uptrend is so fast

Sorry, the original content has been removed

2021-09-02

I been holding onto you for over a month, so elated that you didn’t disappoint me. The wait is worth it!

Sorry, the original content has been removed

2021-09-02

Bringing prosperity to more mid to small companies by getting them listed on bourse.

Xi says China to set up stock exchange in Beijing

2021-09-15

$TENCENT(00700)$When US market is up, it’s down. When US market is down, it tank. What the heck!

2021-09-10

$Micron Technology(MU)$The Q3 financial resultswill be released on 28 sept, hopefully will be solid. Ihave bought into you again. Pls don’t disappoint allof us here

2021-09-06

$TENCENT(00700)$Facing resistance at 507

2021-09-02

$Alibaba(BABA)$BABA GIVE ME 180 PLS!

2021-09-02

$Micron Technology(MU)$Not worth holding on this stock, as it just raised marginally then back to square 1, unlike other stocks. Sold within a wk

2021-09-02

Great article. Thanks!

5 Reasons The Next Stock Bear Market And Recession Could Be The Worst Since The 1930s

2021-09-10

$PING AN(02318)$Still no signs of bottoming. Bought at 60.15 last week and decided to sell off today. Will re-enter when it stabilises, hopefully by end of this month.

2021-09-09

$TENCENT(00700)$Those prices we saw for the past few days were inflated as Tencent bought their own shares.

2021-09-08

It can't even rise to $75 for the past months moreover $120.

Sorry, the original content has been removed

2021-09-06

Good to restore shareholders confidence

BRIEF-Ping An Insurance Bought Back A-Shares For 27.1 Mln Yuan On Sept 3

2021-09-02

$Pinduoduo Inc.(PDD)$Tdy you must give way for BABA. Finally BABA is back with a loud bang!

2021-08-31

Tmr will tank again. Looking to enter at $55

Ping An Insurance Receives Regulatory Letter From Shanghai Stock Exchange - Exchange Filing

2021-08-31

$Zoom(ZM)$ We are going to see bloodshed, let' see how much Zoom will tank....

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"4088048427029670","uuid":"4088048427029670","gmtCreate":1624945382613,"gmtModify":1630043516280,"name":"Frozenjs","pinyin":"frozenjs","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":10,"headSize":15,"tweetSize":52,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.15","exceedPercentage":"80.47%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.26","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.78%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":5,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":3,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":882895042,"gmtCreate":1631671815786,"gmtModify":1676530605239,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>When US market is up, it’s down. When US market is down, it tank.&nbsp;What the heck!","listText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>When US market is up, it’s down. When US market is down, it tank.&nbsp;What the heck!","text":"$TENCENT(00700)$When US market is up, it’s down. When US market is down, it tank. What the heck!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/882895042","isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881463526,"gmtCreate":1631377299165,"gmtModify":1676530538573,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Too ex have to wait for them to dip","listText":"Too ex have to wait for them to dip","text":"Too ex have to wait for them to dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/881463526","repostId":"2166375184","repostType":4,"repost":{"id":"2166375184","kind":"highlight","pubTimestamp":1631329320,"share":"https://ttm.financial/m/news/2166375184?lang=&edition=fundamental","pubTime":"2021-09-11 11:02","market":"us","language":"en","title":"3 Top Stocks to Buy for the Long Haul","url":"https://stock-news.laohu8.com/highlight/detail?id=2166375184","media":"Motley Fool","summary":"Time plus patience, multiplied by sustainable business advantages: the formula for making serious money in the stock market. These three stocks fit the bill.","content":"<p>There are many ways to make money in the stock market. Every investor has their own style, different levels of risk tolerance, and diverse goals. But <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the easiest and most profitable ways to get rich on Wall Street is to follow in the footsteps of true masters such as Warren Buffett and Benjamin Graham.</p>\n<p>It's elementary, really. First, identify companies with fantastic growth opportunities, sustainable business advantages over their rivals, and excellent management teams. Then, buy these stocks at reasonable prices. It's OK to overpay a bit if you have to. Quality doesn't always come cheap.</p>\n<p>Then, stick those shares under your proverbial pillow and get some undisturbed sleep. Do absolutely nothing for years or even decades. Companies with the qualities I listed a minute ago should be able to deliver solid returns for the long haul, unlocking the magic of compounding returns over very long periods.</p>\n<p>Even ardent growth investors with a high tolerance for market risk should have a handful of these surefire long-term bets in their portfolios. For example, my own collection of small-cap tickers, promising growth stocks, and the odd speculative bet is built around a solid core of long-term champions. Whatever happens to the rest of my real-world holdings, I don't lose a minute of sleep over these proven winners. The stocks mentioned below are firmly established members of that elite group.</p>\n<p>Read on to see why every investor should consider holding a few shares of <b>Roku</b> (NASDAQ:ROKU), <b>Alphabet</b> (NASDAQ:GOOG) (NASDAQ:GOOGL), and <b>Walt Disney</b> (NYSE:DIS). All of these familiar names are poised to keep winning for many years to come, each in its own inimitable way.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5102320568ff7a6b2fe0ee7c527c253\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Time is money. Image source: Getty Images.</span></p>\n<h2>Roku: Modern entertainment in a nutshell</h2>\n<p>Streaming media is everywhere nowadays. The COVID-19 pandemic accelerated the mainstream adoption of digital entertainment services, and the health crisis struck just as every entertainment company on the planet seemed to be launching its own streaming platform.</p>\n<p>Roku benefits from all of this activity, being the global leader in media-streaming technologies. The company's service-agnostic philosophy does a couple of important things for Roku's long-term success. First, this company can be a huge winner no matter which content studio walks away with the trophy for having the most viewers in the end. Second, Roku's omnipresent nature in the set-top box and smart TV markets forces every new service to develop support for Roku's platform. These two qualities reinforce each other as time goes by, further cementing Roku's rock-solid growth trajectory.</p>\n<p>Streaming entertainment is here to stay. Roku has claimed the catbird seat for itself in this explosive growth market. It would take a massive effort by an established entertainment technology giant to dethrone Roku at this point. Most of those large-scale rivals are too deeply attached to their long-standing traditions to really go for it.</p>\n<p>For example, I would eat my shoe if <b>Apple</b> (NASDAQ:AAPL) ever decided to give equal support to every available streaming service and hardware device. The Apple TV app is only available for devices designed in Cupertino, and the Apple TV set-top box works best with the iTunes ecosystem. That's the exact opposite of Roku's agnostic attitude, and the main reason why I don't see Apple as a serious Roku competitor.</p>\n<p>A larger company could give up on promoting its in-house platform options and just buy Roku instead. However, Roku is trading at 208 times forward earnings or 210 times free cash flows. The company's enterprise value stands at a hefty $44.1 billion today. That's rich enough to make any tech giant think twice about putting together an acquisition offer, especially one with a buyout premium large enough to win the required shareholder vote. The lofty price tag is Roku's best takeover defense.</p>\n<p>This is one of those situations where a high price shouldn't deter you from picking up Roku shares. You get to own a premium business when you pay that premium price.</p>\n<p>So if you want to bet on the future of digital entertainment without worrying about the content production side of things, Roku is your best bet. This stock should deliver market-beating returns for the foreseeable future.</p>\n<h2>Alphabet: Throwing spaghetti at the wall for fun and profit</h2>\n<p>So far, almost all of Alphabet's success and financial gains have sprung from the Google-branded set of online search and advertising tools. In the recently reported second quarter of 2021, Google services and Google Cloud accounted for 99.2% of Alphabet's total sales. The remaining operations, under the \"other bets\" segment, also reported an operating loss of $1.1 billion, while the Google segments generated $8.1 billion in operating profits. It's all about the Big G.</p>\n<p>That won't always be the case, though.</p>\n<p>Google transformed into the conglomerate known as Alphabet exactly because the company knows that big changes are coming. Web browsers and ad-boosted websites will not always provide a stable revenue stream for Google. Mobile apps and the Android platform are ready to take over, but this too shall pass.</p>\n<p>And Alphabet is trying out a whole bunch of alternative business ideas. So far, the company is looking at ideas such as self-driving cars, high-speed internet services, advanced medical research, and next-generation agriculture development. One or several of those unconventional bets should stand ready to carry Alphabet's financial torch when the time comes. Or maybe we haven't even heard of Alphabet's best ideas yet.</p>\n<p>Nobody knows exactly where this train is going, but I'm OK with that. Alphabet is willing to keep throwing spaghetti at the wall until something really sticks, creating the foundation of whatever this company might become. Alphabet's ambitious moonshot projects generally strike me as wholesome ideas that could benefit humanity on a large scale -- and I would be happy to benefit from their potential success.</p>\n<p>That's why Alphabet will always hold a place in my investment portfolio. This company is ready and able to change with the times. That's one effective way to build a successful business for the ages.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/300a57a82684c9a313758e27f921ed5e\" tg-width=\"700\" tg-height=\"485\" width=\"100%\" height=\"auto\"><span>The winds of change are blowing. Image source: Getty Images.</span></p>\n<h2>Disney: Always ready to turn on a dime</h2>\n<p>Finally, Disney's leaders are proving their willingness to try new ideas. The House of Mouse reorganized itself around streaming content last year, thumbing its nose at the traditional media industry to refocus on what's next. Its world-class theme parks are adapting to the restrictions of social distancing, putting together a positive third-quarter showing after several quarters of negative operating profits.</p>\n<p>This is the only old-school media studio I would consider owning nowadays. Unfortunately, Disney's sector peers often respond to changing market conditions by retreating into their shells to defend the operating procedures of old, and those efforts are mostly ineffective.</p>\n<p>For example, movie theater attendance has been falling for decades. Hollywood at large wanted to address this problem by raising ticket prices, which then resulted in even fewer ticket sales. In Disney's case, the company eventually fired up a serious media-streaming service packed with the company's legendary content, supported by a steady stream of brand new original material.</p>\n<p>Disney+ is the company's future in many ways, and you won't see CEO Bob Chapek or chairman Bob Iger complaining about that fact. Instead, they tweaked their company's operating structure to accelerate the transformation.</p>\n<p>I don't know where the entertainment and media markets are going in the long run, but I don't really have to. I'm convinced that Disney will do whatever it takes to stay relevant and thriving in whatever market conditions might be around the bend. Again, I really like owning stocks tied to businesses that can and will change over time. Disney is another great example of this market-beating quality.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top Stocks to Buy for the Long Haul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top Stocks to Buy for the Long Haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 11:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/10/3-top-stocks-to-buy-for-the-long-haul/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are many ways to make money in the stock market. Every investor has their own style, different levels of risk tolerance, and diverse goals. But one of the easiest and most profitable ways to get...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/10/3-top-stocks-to-buy-for-the-long-haul/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc","GOOGL":"谷歌A","DIS":"迪士尼","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2021/09/10/3-top-stocks-to-buy-for-the-long-haul/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166375184","content_text":"There are many ways to make money in the stock market. Every investor has their own style, different levels of risk tolerance, and diverse goals. But one of the easiest and most profitable ways to get rich on Wall Street is to follow in the footsteps of true masters such as Warren Buffett and Benjamin Graham.\nIt's elementary, really. First, identify companies with fantastic growth opportunities, sustainable business advantages over their rivals, and excellent management teams. Then, buy these stocks at reasonable prices. It's OK to overpay a bit if you have to. Quality doesn't always come cheap.\nThen, stick those shares under your proverbial pillow and get some undisturbed sleep. Do absolutely nothing for years or even decades. Companies with the qualities I listed a minute ago should be able to deliver solid returns for the long haul, unlocking the magic of compounding returns over very long periods.\nEven ardent growth investors with a high tolerance for market risk should have a handful of these surefire long-term bets in their portfolios. For example, my own collection of small-cap tickers, promising growth stocks, and the odd speculative bet is built around a solid core of long-term champions. Whatever happens to the rest of my real-world holdings, I don't lose a minute of sleep over these proven winners. The stocks mentioned below are firmly established members of that elite group.\nRead on to see why every investor should consider holding a few shares of Roku (NASDAQ:ROKU), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), and Walt Disney (NYSE:DIS). All of these familiar names are poised to keep winning for many years to come, each in its own inimitable way.\nTime is money. Image source: Getty Images.\nRoku: Modern entertainment in a nutshell\nStreaming media is everywhere nowadays. The COVID-19 pandemic accelerated the mainstream adoption of digital entertainment services, and the health crisis struck just as every entertainment company on the planet seemed to be launching its own streaming platform.\nRoku benefits from all of this activity, being the global leader in media-streaming technologies. The company's service-agnostic philosophy does a couple of important things for Roku's long-term success. First, this company can be a huge winner no matter which content studio walks away with the trophy for having the most viewers in the end. Second, Roku's omnipresent nature in the set-top box and smart TV markets forces every new service to develop support for Roku's platform. These two qualities reinforce each other as time goes by, further cementing Roku's rock-solid growth trajectory.\nStreaming entertainment is here to stay. Roku has claimed the catbird seat for itself in this explosive growth market. It would take a massive effort by an established entertainment technology giant to dethrone Roku at this point. Most of those large-scale rivals are too deeply attached to their long-standing traditions to really go for it.\nFor example, I would eat my shoe if Apple (NASDAQ:AAPL) ever decided to give equal support to every available streaming service and hardware device. The Apple TV app is only available for devices designed in Cupertino, and the Apple TV set-top box works best with the iTunes ecosystem. That's the exact opposite of Roku's agnostic attitude, and the main reason why I don't see Apple as a serious Roku competitor.\nA larger company could give up on promoting its in-house platform options and just buy Roku instead. However, Roku is trading at 208 times forward earnings or 210 times free cash flows. The company's enterprise value stands at a hefty $44.1 billion today. That's rich enough to make any tech giant think twice about putting together an acquisition offer, especially one with a buyout premium large enough to win the required shareholder vote. The lofty price tag is Roku's best takeover defense.\nThis is one of those situations where a high price shouldn't deter you from picking up Roku shares. You get to own a premium business when you pay that premium price.\nSo if you want to bet on the future of digital entertainment without worrying about the content production side of things, Roku is your best bet. This stock should deliver market-beating returns for the foreseeable future.\nAlphabet: Throwing spaghetti at the wall for fun and profit\nSo far, almost all of Alphabet's success and financial gains have sprung from the Google-branded set of online search and advertising tools. In the recently reported second quarter of 2021, Google services and Google Cloud accounted for 99.2% of Alphabet's total sales. The remaining operations, under the \"other bets\" segment, also reported an operating loss of $1.1 billion, while the Google segments generated $8.1 billion in operating profits. It's all about the Big G.\nThat won't always be the case, though.\nGoogle transformed into the conglomerate known as Alphabet exactly because the company knows that big changes are coming. Web browsers and ad-boosted websites will not always provide a stable revenue stream for Google. Mobile apps and the Android platform are ready to take over, but this too shall pass.\nAnd Alphabet is trying out a whole bunch of alternative business ideas. So far, the company is looking at ideas such as self-driving cars, high-speed internet services, advanced medical research, and next-generation agriculture development. One or several of those unconventional bets should stand ready to carry Alphabet's financial torch when the time comes. Or maybe we haven't even heard of Alphabet's best ideas yet.\nNobody knows exactly where this train is going, but I'm OK with that. Alphabet is willing to keep throwing spaghetti at the wall until something really sticks, creating the foundation of whatever this company might become. Alphabet's ambitious moonshot projects generally strike me as wholesome ideas that could benefit humanity on a large scale -- and I would be happy to benefit from their potential success.\nThat's why Alphabet will always hold a place in my investment portfolio. This company is ready and able to change with the times. That's one effective way to build a successful business for the ages.\nThe winds of change are blowing. Image source: Getty Images.\nDisney: Always ready to turn on a dime\nFinally, Disney's leaders are proving their willingness to try new ideas. The House of Mouse reorganized itself around streaming content last year, thumbing its nose at the traditional media industry to refocus on what's next. Its world-class theme parks are adapting to the restrictions of social distancing, putting together a positive third-quarter showing after several quarters of negative operating profits.\nThis is the only old-school media studio I would consider owning nowadays. Unfortunately, Disney's sector peers often respond to changing market conditions by retreating into their shells to defend the operating procedures of old, and those efforts are mostly ineffective.\nFor example, movie theater attendance has been falling for decades. Hollywood at large wanted to address this problem by raising ticket prices, which then resulted in even fewer ticket sales. In Disney's case, the company eventually fired up a serious media-streaming service packed with the company's legendary content, supported by a steady stream of brand new original material.\nDisney+ is the company's future in many ways, and you won't see CEO Bob Chapek or chairman Bob Iger complaining about that fact. Instead, they tweaked their company's operating structure to accelerate the transformation.\nI don't know where the entertainment and media markets are going in the long run, but I don't really have to. I'm convinced that Disney will do whatever it takes to stay relevant and thriving in whatever market conditions might be around the bend. Again, I really like owning stocks tied to businesses that can and will change over time. Disney is another great example of this market-beating quality.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881917466,"gmtCreate":1631285083655,"gmtModify":1676530520514,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>The Q3 financial resultswill be released on 28 sept, hopefully will be solid. Ihave bought into you again. Pls don’t disappoint allof us here&nbsp;","listText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>The Q3 financial resultswill be released on 28 sept, hopefully will be solid. Ihave bought into you again. Pls don’t disappoint allof us here&nbsp;","text":"$Micron Technology(MU)$The Q3 financial resultswill be released on 28 sept, hopefully will be solid. Ihave bought into you again. Pls don’t disappoint allof us here","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881917466","isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883747346,"gmtCreate":1631277384385,"gmtModify":1676530516610,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/02318\">$PING AN(02318)$</a>Still no signs of bottoming. Bought at 60.15 last week and decided to sell off today. Will re-enter when it stabilises, hopefully by end of this month.&nbsp;","listText":"<a href=\"https://laohu8.com/S/02318\">$PING AN(02318)$</a>Still no signs of bottoming. Bought at 60.15 last week and decided to sell off today. Will re-enter when it stabilises, hopefully by end of this month.&nbsp;","text":"$PING AN(02318)$Still no signs of bottoming. Bought at 60.15 last week and decided to sell off today. Will re-enter when it stabilises, hopefully by end of this month.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883747346","isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889243229,"gmtCreate":1631153557261,"gmtModify":1676530481718,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>Those prices we saw for the past few&nbsp;days were inflated as Tencent bought their own shares.&nbsp;","listText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>Those prices we saw for the past few&nbsp;days were inflated as Tencent bought their own shares.&nbsp;","text":"$TENCENT(00700)$Those prices we saw for the past few days were inflated as Tencent bought their own shares.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/889243229","isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889130072,"gmtCreate":1631113183696,"gmtModify":1676530472587,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"It can't even rise to $75 for the past months moreover $120.","listText":"It can't even rise to $75 for the past months moreover $120.","text":"It can't even rise to $75 for the past months moreover $120.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/889130072","repostId":"2165848395","repostType":2,"repost":{"id":"2165848395","kind":"highlight","pubTimestamp":1631103482,"share":"https://ttm.financial/m/news/2165848395?lang=&edition=fundamental","pubTime":"2021-09-08 20:18","market":"hk","language":"zh","title":"美光科技(MU.US)股价能涨多少？下一个周期性高点是120美元","url":"https://stock-news.laohu8.com/highlight/detail?id=2165848395","media":"智通财经网","summary":"分析人士认为，美光科技将在2022年底前达到每股120美元。","content":"<html><body><div> <p>智通财经APP观察到，<a href=\"https://laohu8.com/S/MU\">美光科技</a>(MU.US)被许多投资者认为不具有周期性。而分析人士认为，如果从该股的历史来看，投资者可以轻松看出其股价的周期性。</p><p>截至发稿，美光科技周二收盘报73.64美元。分析人士研究了该股及其周期性以便确定该股在价格周期中的位置，并认为该股将在2022年底前达到每股120美元。以下是分析给出的四个原因。</p><p><strong>1、内存市场持续增长，2020年已达650亿美元</strong></p><p>不出所料，随着设备RAM需求的增加，DRAM内存芯片的销售也随之增长。这些设备包括手机、与5G相关的一切、笔记本电脑和台式机、汽车、以及云端服务器。</p><p>根据Trend Force的数据，这是当前季度各供应商的增长情况。</p><p><img src=\"https://img.zhitongcaijing.com/image/20210908/1631102900450276.jpg?x-oss-process=image/format,jpg/quality,Q_90\" title=\"1631102900450276.jpg\"/></p><p>值得注意的是，DRAM市场基本上是由<a href=\"https://laohu8.com/S/SMSN.UK\">三星</a>、SK海力士和美光科技三家公司所垄断着的，其他所有公司加起来只占6%的市场份额。</p><p>其中一个关键的增长领域是汽车行业，其DRAM需求的复合年增长率为30%。而在这个领域中，根据Trend  Force的数据，美光科技拥有50%的市场份额。</p><p>美光科技目前是汽车内存产品的领导者。与竞争对手相比，该公司与欧洲和美国的一级汽车供应商的合作关系持续时间更长;此外，该公司还为汽车制造商提供其他类型的存储技术，如NAND  Flash、NOR Flash 和 MCP。</p><p>与一季度相比，美光科技二季度DRAM营收增长了20%以上。虽然三星录得更高的增长(30%)，但其DRAM的大部分用于其内部诸如手机这样的其他部门。</p><p><strong>2、 NAND市场的增长速度甚至比DRAM还要快</strong></p><p>NAND存储在过去几年蓬勃发展，因为它们速度更快且体积更小。NAND市场的供应商比DRAM市场的要多，三星是该市场的主力军，而美光科技约10%的环比增长同样令人印象深刻。</p><p><img src=\"https://img.zhitongcaijing.com/image/20210908/1631102906539900.jpg?x-oss-process=image/format,jpg/quality,Q_90\" title=\"1631102906539900.jpg\"/></p><p>根据storagenewsletter网站的数据，2020-2026年，NAND市场复合年均增长率为15%，市场规模将增长至860亿美元;而DRAM市场复合年均增长率为8%，市场规模将增长至1510亿美元。</p><p><strong>3、毛利率上涨</strong></p><p>美光科技首席财务官Dave  Zinsner在财报电话会上指出，该公司三季度综合毛利率为42.9%，较上一季度提高了10个百分点。此外，该公司预计，在非GAAP会计准则下，四季度营收为82亿美元，上下浮动2亿美元;毛利率约为47%。利润率将持续走高。</p><p><img src=\"https://img.zhitongcaijing.com/image/20210908/1631102911449232.jpg?x-oss-process=image/format,jpg/quality,Q_90\" title=\"1631102911449232.jpg\"/></p><p><img src=\"https://img.zhitongcaijing.com/image/20210908/1631102917209603.jpg?x-oss-process=image/format,jpg/quality,Q_90\" title=\"1631102917209603.jpg\"/></p><p><strong>4、美光科技股价在2022年底前或达120美元</strong></p><p>基于不断扩大的利润率和营收，分析认为，可以预见，美光的股价将在未来12-15个月达到历史新高。从2020年8月21日的42.66美元，到2021年4月12日的85.59美元，该股在不到8个月的时间里上涨了124%。</p><p><img src=\"https://img.zhitongcaijing.com/image/20210908/1631102923209374.jpg?x-oss-process=image/format,jpg/quality,Q_90\" title=\"1631102923209374.jpg\"/></p><p>若美光科技在四季度如该公司所预期的那样，实现创纪录的82亿美元营收和47%的利润率，再加上该公司承诺更多的股票回购，该股未来12个月的每股收益将达到10-12美元。</p><p><strong>结论</strong></p><p>美光科技目前已由4月12日创下的95.59美元历史高点回落至73美元附近水平，并处在一个新的上行周期买入点;该股在75美元以下时是个好的买入时机。随着该公司可能在下个季度录得创纪录的营收和利润率，该股股价将在不久的将来再创历史新高。</p> </div></body></html>","source":"highlight_zhitongcaijin","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>美光科技(MU.US)股价能涨多少？下一个周期性高点是120美元</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\">\n美光科技(MU.US)股价能涨多少？下一个周期性高点是120美元\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 20:18 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/556674.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP观察到，美光科技(MU.US)被许多投资者认为不具有周期性。而分析人士认为，如果从该股的历史来看，投资者可以轻松看出其股价的周期性。截至发稿，美光科技周二收盘报73.64美元。分析人士研究了该股及其周期性以便确定该股在价格周期中的位置，并认为该股将在2022年底前达到每股120美元。以下是分析给出的四个原因。1、内存市场持续增长，2020年已达650亿美元不出所料，随着设备RAM需求...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/556674.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://img.zhitongcaijing.com/image/20210908/20210908200942_97655.png?x-oss-process=image/format,jpg/quality,Q_80","relate_stocks":{"MU":"美光科技"},"source_url":"http://www.zhitongcaijing.com/content/detail/556674.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2165848395","content_text":"智通财经APP观察到，美光科技(MU.US)被许多投资者认为不具有周期性。而分析人士认为，如果从该股的历史来看，投资者可以轻松看出其股价的周期性。截至发稿，美光科技周二收盘报73.64美元。分析人士研究了该股及其周期性以便确定该股在价格周期中的位置，并认为该股将在2022年底前达到每股120美元。以下是分析给出的四个原因。1、内存市场持续增长，2020年已达650亿美元不出所料，随着设备RAM需求的增加，DRAM内存芯片的销售也随之增长。这些设备包括手机、与5G相关的一切、笔记本电脑和台式机、汽车、以及云端服务器。根据Trend Force的数据，这是当前季度各供应商的增长情况。值得注意的是，DRAM市场基本上是由三星、SK海力士和美光科技三家公司所垄断着的，其他所有公司加起来只占6%的市场份额。其中一个关键的增长领域是汽车行业，其DRAM需求的复合年增长率为30%。而在这个领域中，根据Trend  Force的数据，美光科技拥有50%的市场份额。美光科技目前是汽车内存产品的领导者。与竞争对手相比，该公司与欧洲和美国的一级汽车供应商的合作关系持续时间更长;此外，该公司还为汽车制造商提供其他类型的存储技术，如NAND  Flash、NOR Flash 和 MCP。与一季度相比，美光科技二季度DRAM营收增长了20%以上。虽然三星录得更高的增长(30%)，但其DRAM的大部分用于其内部诸如手机这样的其他部门。2、 NAND市场的增长速度甚至比DRAM还要快NAND存储在过去几年蓬勃发展，因为它们速度更快且体积更小。NAND市场的供应商比DRAM市场的要多，三星是该市场的主力军，而美光科技约10%的环比增长同样令人印象深刻。根据storagenewsletter网站的数据，2020-2026年，NAND市场复合年均增长率为15%，市场规模将增长至860亿美元;而DRAM市场复合年均增长率为8%，市场规模将增长至1510亿美元。3、毛利率上涨美光科技首席财务官Dave  Zinsner在财报电话会上指出，该公司三季度综合毛利率为42.9%，较上一季度提高了10个百分点。此外，该公司预计，在非GAAP会计准则下，四季度营收为82亿美元，上下浮动2亿美元;毛利率约为47%。利润率将持续走高。4、美光科技股价在2022年底前或达120美元基于不断扩大的利润率和营收，分析认为，可以预见，美光的股价将在未来12-15个月达到历史新高。从2020年8月21日的42.66美元，到2021年4月12日的85.59美元，该股在不到8个月的时间里上涨了124%。若美光科技在四季度如该公司所预期的那样，实现创纪录的82亿美元营收和47%的利润率，再加上该公司承诺更多的股票回购，该股未来12个月的每股收益将达到10-12美元。结论美光科技目前已由4月12日创下的95.59美元历史高点回落至73美元附近水平，并处在一个新的上行周期买入点;该股在75美元以下时是个好的买入时机。随着该公司可能在下个季度录得创纪录的营收和利润率，该股股价将在不久的将来再创历史新高。","news_type":1},"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889017852,"gmtCreate":1631091125476,"gmtModify":1676530465142,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PATH\">$UiPath(PATH)$</a>I believe many people bought this stock because they followed cathie wood, as she invested&nbsp;several millions. So don’t follow her&nbsp;her blindly. She has $$$ to burn while retail investors like us don’t","listText":"<a href=\"https://laohu8.com/S/PATH\">$UiPath(PATH)$</a>I believe many people bought this stock because they followed cathie wood, as she invested&nbsp;several millions. So don’t follow her&nbsp;her blindly. She has $$$ to burn while retail investors like us don’t","text":"$UiPath(PATH)$I believe many people bought this stock because they followed cathie wood, as she invested several millions. So don’t follow her her blindly. She has $$$ to burn while retail investors like us don’t","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/889017852","isVote":1,"tweetType":1,"viewCount":1851,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000221","authorId":"9000000000000221","name":"小时候可帅了00","avatar":"https://static.tigerbbs.com/d63237e21ae39bc54951c8ab6ec41ee9","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000221","authorIdStr":"9000000000000221"},"content":"I can't bear to look directly at this financial data, that is, Sister Wood is here, so I chose it. Total market value 31.8 billion Circulating market value 1.492 billion Total share capital 509 million Circulating capital stock 23.89 million The highest in 52 weeks 90.00 The lowest in 52 weeks 57.01 Price-earnings ratio -40.79 Price-to-book ratio 16.73 Dividend 0 Dividend yield 0.00% ROA -10.03% ROE -30.04% Earnings per share -1.53","text":"I can't bear to look directly at this financial data, that is, Sister Wood is here, so I chose it. Total market value 31.8 billion Circulating market value 1.492 billion Total share capital 509 million Circulating capital stock 23.89 million The highest in 52 weeks 90.00 The lowest in 52 weeks 57.01 Price-earnings ratio -40.79 Price-to-book ratio 16.73 Dividend 0 Dividend yield 0.00% ROA -10.03% ROE -30.04% Earnings per share -1.53","html":"I can't bear to look directly at this financial data, that is, Sister Wood is here, so I chose it. Total market value 31.8 billion Circulating market value 1.492 billion Total share capital 509 million Circulating capital stock 23.89 million The highest in 52 weeks 90.00 The lowest in 52 weeks 57.01 Price-earnings ratio -40.79 Price-to-book ratio 16.73 Dividend 0 Dividend yield 0.00% ROA -10.03% ROE -30.04% Earnings per share -1.53"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889019207,"gmtCreate":1631090337409,"gmtModify":1676530464870,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Uipath is overpriced, will consider buying if it dips to $50ish&nbsp;","listText":"Uipath is overpriced, will consider buying if it dips to $50ish&nbsp;","text":"Uipath is overpriced, will consider buying if it dips to $50ish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/889019207","repostId":"2165350329","repostType":4,"isVote":1,"tweetType":1,"viewCount":781,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817345228,"gmtCreate":1630913301664,"gmtModify":1676530419050,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Good to restore shareholders confidence&nbsp;","listText":"Good to restore shareholders confidence&nbsp;","text":"Good to restore shareholders confidence","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817345228","repostId":"2164716698","repostType":2,"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817383852,"gmtCreate":1630907295076,"gmtModify":1676530417896,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>Facing resistance at 507","listText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>Facing resistance at 507","text":"$TENCENT(00700)$Facing resistance at 507","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817383852","isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812264851,"gmtCreate":1630591068173,"gmtModify":1676530349922,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>BABA GIVE ME 180 PLS!","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>BABA GIVE ME 180 PLS!","text":"$Alibaba(BABA)$BABA GIVE ME 180 PLS!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812264851","isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812286048,"gmtCreate":1630590471384,"gmtModify":1676530349398,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>Tdy you must give way for BABA. Finally BABA is back with a loud bang!","listText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>Tdy you must give way for BABA. Finally BABA is back with a loud bang!","text":"$Pinduoduo Inc.(PDD)$Tdy you must give way for BABA. Finally BABA is back with a loud bang!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812286048","isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812238351,"gmtCreate":1630589764273,"gmtModify":1676530348763,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Bringing prosperity to more mid to small companies by getting them listed on bourse.&nbsp;","listText":"Bringing prosperity to more mid to small companies by getting them listed on bourse.&nbsp;","text":"Bringing prosperity to more mid to small companies by getting them listed on bourse.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812238351","repostId":"2164984716","repostType":4,"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812239085,"gmtCreate":1630589604747,"gmtModify":1676530348684,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>Not worth holding on this&nbsp;stock, as it just raised marginally then back to square 1, unlike other stocks.&nbsp;Sold within a wk","listText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>Not worth holding on this&nbsp;stock, as it just raised marginally then back to square 1, unlike other stocks.&nbsp;Sold within a wk","text":"$Micron Technology(MU)$Not worth holding on this stock, as it just raised marginally then back to square 1, unlike other stocks. Sold within a wk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812239085","isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812649770,"gmtCreate":1630586674490,"gmtModify":1676530347734,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"I been holding onto you for over a&nbsp;month,&nbsp;so elated that you didn’t disappoint me. The wait is&nbsp;worth it!","listText":"I been holding onto you for over a&nbsp;month,&nbsp;so elated that you didn’t disappoint me. The wait is&nbsp;worth it!","text":"I been holding onto you for over a month, so elated that you didn’t disappoint me. The wait is worth it!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812649770","repostId":"1159580926","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812652406,"gmtCreate":1630586219005,"gmtModify":1676530347609,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Great article. Thanks!","listText":"Great article. Thanks!","text":"Great article. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812652406","repostId":"1146170136","repostType":4,"repost":{"id":"1146170136","kind":"news","pubTimestamp":1630576860,"share":"https://ttm.financial/m/news/1146170136?lang=&edition=fundamental","pubTime":"2021-09-02 18:01","market":"us","language":"en","title":"5 Reasons The Next Stock Bear Market And Recession Could Be The Worst Since The 1930s","url":"https://stock-news.laohu8.com/highlight/detail?id=1146170136","media":"seekingalpha","summary":"Summary\n\nThe first reason we believe the next stock bear market and recession will be the worst sinc","content":"<p>Summary</p>\n<ul>\n <li>The first reason we believe the next stock bear market and recession will be the worst since the 1930s is due to extremely high asset valuations.</li>\n <li>The second reason is due to extraordinarily bullish investor sentiment.</li>\n <li>The third reason is due to weak economic fundamentals.</li>\n <li>The fourth reason is due to excessive debt levels.</li>\n <li>The fifth reason is due to limited policy options.</li>\n</ul>\n<p>With the S&amp;P 500 (SPY) at all-time highs and seemingly endless “free liquidity” being provided by the Fed, the last thing most investors can envision right now is a major bear market or recession - particularly ones that will be the worst since the Great Depression of the 1930s!</p>\n<p>But the facts we will detail in this article show that is&nbsp;<i>highly likely</i>&nbsp;to be the case. This is an extraordinary statement, but we are living in extraordinary times! Investors need to understand the risks they are facing now in order to prepare and profit from them in the future.</p>\n<p>Here are the five key reasons we believe the next stock bear market and recession will be worse than the Great Recession of 2008-2009 (when the S&amp;P 500 fell 58% and it took about six years to recover), which will make it the worst since the 1930s (when the S&amp;P 500 fell 86% and it took about 25 years to recover):</p>\n<p><b>1. Extremely High Asset Valuations</b></p>\n<p>Informed investors know that we are currently in an “Everything Bubble” driven by massive and persistent central bank money creation. Virtually every major financial asset is overvalued and priced to deliver low - or even negative - long-term returns.</p>\n<p>For example, the Shiller P/E Ratio shown below is 30% higher than it was at the 1929 peak and is nearly as high as the all-time high in 2000. TheShiller P/E Ratiowas created by economist Robert Shiller and is calculated as the price of the S&amp;P 500 divided by the average past 10 years of earnings, adjusted for inflation. It attempts to smooth the cyclicality of earnings. Historically, high Shiller P/E Ratios have led to below-average long-term returns.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/66f9a3f8fedee54d3a30a15b70138ab5\" tg-width=\"640\" tg-height=\"344\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofShiller PE Ratio, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>Warren Buffett’s favorite valuation measure- and the one that best predicts future long-term stock market returns - is the Stock Market Capitalization To GDP Ratio, which is shown below. Based on this measure, stocks are trading 30% higher than the prior all-time high at the Tech Bubble peak of 2000! Stocks would have to fall over 60% for this ratio to return to the levels it reached at the stock market bottom in March 2009.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d270087f9958674d30bed139425fe08e\" tg-width=\"640\" tg-height=\"264\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>It is not just stocks that are priced to deliver poor returns. US Treasury bills and bonds are trading at historically low interest rates not far above zero (and some countries have negative interest rates), assuring very low returns until maturity. Also, corporate bond yields relative to Treasury bond yields are at historically low levels.</p>\n<p>Real estate is also expensive, with REITs trading at historically low dividend yields. And as shown in the chart below of theS&amp;P/Case-Shiller 20-City Home Price Index, home prices are currently 27% higher than they were at the housing bubble peak of 2006!</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c011c579b31844dd761b260b1adb7600\" tg-width=\"640\" tg-height=\"281\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>Importantly, not only do high valuations lead to low long-term returns but they also usually lead to devastating bear markets on the path to those low long-term returns.</p>\n<p><b>2. Extraordinarily Bullish Investor Sentiment</b></p>\n<p>Along with high asset valuations, investor sentiment is at sky-high levels of bullishness. When investors are very bullish, that is a bearish contrarian indicator.</p>\n<p>The best investor sentiment indicators show where investors are actually putting their hard-earned money in anticipation of making a profit, not just what they say their “mood” is. For sentiment, we focus on investor<i>actions</i>, not<i>words</i>.</p>\n<p>One excellent sentiment indicator is the Equity Put/Call Ratio. When investors are bearish, they buy Put options in anticipation of profiting from a fall in stock prices. When they are bullish, they buy Call options in anticipation of profiting from a rise in stock prices. When the ratio of Puts to Calls is very high, that shows investors are very bearish, which is a bullish contrarian indicator. Conversely, when the ratio of Puts to Calls is very low, that shows investors are very bullish, which is a bearish contrarian indicator.</p>\n<p>The chart below shows the Equity Put/Call Ratio, using the 100-day moving average to reduce short-term noise in this indicator. Over the past year, it has fallen to extremely low levels - well below those seen at the stock market peak in 2007.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f4ac510219add2cccd009014b44162b\" tg-width=\"640\" tg-height=\"382\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofStockCharts.com, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>The next chart is the Rydex Asset Ratio, which is the ratio of investor assets in all Rydex bear and money market funds (bearish positioning) compared to investor assets in all Rydex bull funds (bullish positioning). As you can see, investors have been very bullishly positioned in US stocks for over seven years! The last time investors approached this level of bullishness was around the Tech Bubble peak of 2000.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30902a5fd01f363fd7dc95147f34735a\" tg-width=\"640\" tg-height=\"382\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofStockCharts.com, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>When the majority of investors are already very bullish and “all in”, there is no one left to buy and lots of potential sellers when something changes, as it always does. Most investors will be shocked when their bullish expectations meet the harsh reality of a major bear market.</p>\n<p><b>3. Weak Economic Fundamentals</b></p>\n<p>The US economy is not as strong as it used to be. That is certainly true in the wake of the Covid pandemic, but it has also been true for the past two decades. All of the taxes, regulations and other government interventions in the economy in recent decades have created a weaker and more fragile economy that will make the next recession even worse.</p>\n<p>The chart below of Industrial Production shows it is only 8% higher than at the 2000 peak and is 1% lower than at the 2007 peak. It has nearly flatlined over the past two decades. That is much weaker than the 3.9% annual growth in Industrial Production from 1920 to 2000.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3b30a4514e3707d1aaaf03a81dd5d3d\" tg-width=\"640\" tg-height=\"276\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>Total Nonfarm Employment, shown below, grew at a 2.5% annual rate from 1940 to 2000. Similar to Industrial Production, Employment has nearly flatlined over the past two decades. It has increased only 10% since the 2000 peak and only 6% since the 2007 peak. Sadly, it is still nearly 4% below the February 2020 peak.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c7778bd8479e8800718b3abdcdf0dfb\" tg-width=\"640\" tg-height=\"275\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p><b>4. Excessive Debt Levels</b></p>\n<p>The chart below shows the US Total Debt To GDP Ratio is near recent all-time highs at 3.8 times (or 380%), even higher than the high levels preceding the Great Recession. Global Debt To GDP is also at record high levels over 300%, as is US Federal Debt To GDP at 125%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/563808ddc51f6a6b821f4abde5f62d17\" tg-width=\"640\" tg-height=\"242\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>Excessive debt has been the problem with every financial crisis in history, due to prior money creation out of thin air. So the next one promises to be one for the history books given these unprecedented high debt levels. Debt liquidation and defaults will lead to deflation, particularly for asset prices, as we saw in the Great Recession and even more so in the Great Depression.</p>\n<p><b>5. Limited Policy Options</b></p>\n<p>The primary “bull case” for the stock market and economy over the past 12 years since the Great Recession ended has been “free liquidity” provided in seemingly endless amounts by the Federal Reserve. It is almost as though money really does grow on trees!</p>\n<p>But money created out of thin air does not create new goods and services that improve living standards. If it did, a place likeZimbabwewould be the wealthiest country in the world. However, newly created money can flow into financial assets, which helps explain why valuation levels are so high.</p>\n<p>The graph below shows “Austrian” Money Supply (AMS), the best measure of money supply that is consistent withthis Austrian School of Economics definition(although it no longer includes traveler’s checks, which have been discontinued in the Fed’s database due to limited use these days). AMS is up 40% since February 2020 and is up an astounding 225% since the Great Recession ended in June 2009!</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3844fc699c58ff48effcc5918378bfcd\" tg-width=\"640\" tg-height=\"261\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>This is well above the money supply growth that drove the Roaring ‘20s and ultimately led to the Great Depression of the 1930s, as detailed in economist Murray N. Rothbard’s definitive history of that period in his book<i>America’s Great Depression</i>. In this book, heexplained the cause of the boom and bust business cycle:</p>\n<p><i>The “boom-bust” cycle is generated by monetary intervention in the market, specifically bank credit expansion to business…[B]ank credit expansion sets into motion the business cycle in all its phases: the inflationary boom, marked by expansion of the money supply and by malinvestment; the crisis, which arrives when credit expansion ceases and malinvestments become evident; and the depression recovery, the necessary adjustment process by which the economy returns to the most efficient ways of satisfying consumer desires.</i></p>\n<p>All this money creation has enabled the Fed to target theFederal Funds Rateat only 0.1%, as shown below. While that is above the negative interest rates prevailing in some countries, it doesn’t leave much room for the Fed to cut rates to try to prevent a recession, particularly with inflation at over 5% now. And as the chart shows, the Fed cut rates throughout the prior three recessions and bear markets and was not able to stop them, since the market is bigger than the Fed. This leaves the stock market and economy very vulnerable in the next downturn, with potentially no “safety nets” to protect them.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62449341ea09ce506389102e838a6cf4\" tg-width=\"640\" tg-height=\"262\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>Lastly, for the Keynesian economists who still believe the dogma that Federal budget deficits can prevent a recession - despite any evidence or logical theory to support it - the current Federal Budget Surplus/Deficit To GDP Ratio of -15% is the worst since World War II, as shown below. Given record-high government debt levels and deficits, how much more deficit spending will bond investors be willing to finance? And what good will it do, since deficits did not prevent the Great Recession?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/26c9f09598045b1c92a037cc0e326f86\" tg-width=\"640\" tg-height=\"275\" width=\"100%\" height=\"auto\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p><b>Implications For Investors</b></p>\n<p>There is much more that can be said to prove our case, but hopefully, the facts provided in this article are sufficient for investors to understand the current risks in financial assets and the economy.</p>\n<p>While the exact timing of the next bear market and recession is unknown and there are currently no signs of it with stocks at all-time highs, now is the time for investors to seek out information on how to identify the tell-tale signs of bear markets and how to profit from them, rather than being decimated by them, as the majority of investors, unfortunately, will be.</p>","source":"seekingalpha","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>5 Reasons The Next Stock Bear Market And Recession Could Be The Worst Since The 1930s</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\">\n5 Reasons The Next Stock Bear Market And Recession Could Be The Worst Since The 1930s\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 18:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4452860-5-reasons-the-next-stock-bear-market-and-recession-could-be-the-worst-since-the-1930s><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe first reason we believe the next stock bear market and recession will be the worst since the 1930s is due to extremely high asset valuations.\nThe second reason is due to extraordinarily ...</p>\n\n<a href=\"https://seekingalpha.com/article/4452860-5-reasons-the-next-stock-bear-market-and-recession-could-be-the-worst-since-the-1930s\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4452860-5-reasons-the-next-stock-bear-market-and-recession-could-be-the-worst-since-the-1930s","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1146170136","content_text":"Summary\n\nThe first reason we believe the next stock bear market and recession will be the worst since the 1930s is due to extremely high asset valuations.\nThe second reason is due to extraordinarily bullish investor sentiment.\nThe third reason is due to weak economic fundamentals.\nThe fourth reason is due to excessive debt levels.\nThe fifth reason is due to limited policy options.\n\nWith the S&P 500 (SPY) at all-time highs and seemingly endless “free liquidity” being provided by the Fed, the last thing most investors can envision right now is a major bear market or recession - particularly ones that will be the worst since the Great Depression of the 1930s!\nBut the facts we will detail in this article show that is highly likely to be the case. This is an extraordinary statement, but we are living in extraordinary times! Investors need to understand the risks they are facing now in order to prepare and profit from them in the future.\nHere are the five key reasons we believe the next stock bear market and recession will be worse than the Great Recession of 2008-2009 (when the S&P 500 fell 58% and it took about six years to recover), which will make it the worst since the 1930s (when the S&P 500 fell 86% and it took about 25 years to recover):\n1. Extremely High Asset Valuations\nInformed investors know that we are currently in an “Everything Bubble” driven by massive and persistent central bank money creation. Virtually every major financial asset is overvalued and priced to deliver low - or even negative - long-term returns.\nFor example, the Shiller P/E Ratio shown below is 30% higher than it was at the 1929 peak and is nearly as high as the all-time high in 2000. TheShiller P/E Ratiowas created by economist Robert Shiller and is calculated as the price of the S&P 500 divided by the average past 10 years of earnings, adjusted for inflation. It attempts to smooth the cyclicality of earnings. Historically, high Shiller P/E Ratios have led to below-average long-term returns.\nSource: Chart courtesy ofShiller PE Ratio, with annotations by Jon Wolfenbarger, CFA.\nWarren Buffett’s favorite valuation measure- and the one that best predicts future long-term stock market returns - is the Stock Market Capitalization To GDP Ratio, which is shown below. Based on this measure, stocks are trading 30% higher than the prior all-time high at the Tech Bubble peak of 2000! Stocks would have to fall over 60% for this ratio to return to the levels it reached at the stock market bottom in March 2009.\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nIt is not just stocks that are priced to deliver poor returns. US Treasury bills and bonds are trading at historically low interest rates not far above zero (and some countries have negative interest rates), assuring very low returns until maturity. Also, corporate bond yields relative to Treasury bond yields are at historically low levels.\nReal estate is also expensive, with REITs trading at historically low dividend yields. And as shown in the chart below of theS&P/Case-Shiller 20-City Home Price Index, home prices are currently 27% higher than they were at the housing bubble peak of 2006!\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nImportantly, not only do high valuations lead to low long-term returns but they also usually lead to devastating bear markets on the path to those low long-term returns.\n2. Extraordinarily Bullish Investor Sentiment\nAlong with high asset valuations, investor sentiment is at sky-high levels of bullishness. When investors are very bullish, that is a bearish contrarian indicator.\nThe best investor sentiment indicators show where investors are actually putting their hard-earned money in anticipation of making a profit, not just what they say their “mood” is. For sentiment, we focus on investoractions, notwords.\nOne excellent sentiment indicator is the Equity Put/Call Ratio. When investors are bearish, they buy Put options in anticipation of profiting from a fall in stock prices. When they are bullish, they buy Call options in anticipation of profiting from a rise in stock prices. When the ratio of Puts to Calls is very high, that shows investors are very bearish, which is a bullish contrarian indicator. Conversely, when the ratio of Puts to Calls is very low, that shows investors are very bullish, which is a bearish contrarian indicator.\nThe chart below shows the Equity Put/Call Ratio, using the 100-day moving average to reduce short-term noise in this indicator. Over the past year, it has fallen to extremely low levels - well below those seen at the stock market peak in 2007.\nSource: Chart courtesy ofStockCharts.com, with annotations by Jon Wolfenbarger, CFA.\nThe next chart is the Rydex Asset Ratio, which is the ratio of investor assets in all Rydex bear and money market funds (bearish positioning) compared to investor assets in all Rydex bull funds (bullish positioning). As you can see, investors have been very bullishly positioned in US stocks for over seven years! The last time investors approached this level of bullishness was around the Tech Bubble peak of 2000.\nSource: Chart courtesy ofStockCharts.com, with annotations by Jon Wolfenbarger, CFA.\nWhen the majority of investors are already very bullish and “all in”, there is no one left to buy and lots of potential sellers when something changes, as it always does. Most investors will be shocked when their bullish expectations meet the harsh reality of a major bear market.\n3. Weak Economic Fundamentals\nThe US economy is not as strong as it used to be. That is certainly true in the wake of the Covid pandemic, but it has also been true for the past two decades. All of the taxes, regulations and other government interventions in the economy in recent decades have created a weaker and more fragile economy that will make the next recession even worse.\nThe chart below of Industrial Production shows it is only 8% higher than at the 2000 peak and is 1% lower than at the 2007 peak. It has nearly flatlined over the past two decades. That is much weaker than the 3.9% annual growth in Industrial Production from 1920 to 2000.\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nTotal Nonfarm Employment, shown below, grew at a 2.5% annual rate from 1940 to 2000. Similar to Industrial Production, Employment has nearly flatlined over the past two decades. It has increased only 10% since the 2000 peak and only 6% since the 2007 peak. Sadly, it is still nearly 4% below the February 2020 peak.\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\n4. Excessive Debt Levels\nThe chart below shows the US Total Debt To GDP Ratio is near recent all-time highs at 3.8 times (or 380%), even higher than the high levels preceding the Great Recession. Global Debt To GDP is also at record high levels over 300%, as is US Federal Debt To GDP at 125%.\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nExcessive debt has been the problem with every financial crisis in history, due to prior money creation out of thin air. So the next one promises to be one for the history books given these unprecedented high debt levels. Debt liquidation and defaults will lead to deflation, particularly for asset prices, as we saw in the Great Recession and even more so in the Great Depression.\n5. Limited Policy Options\nThe primary “bull case” for the stock market and economy over the past 12 years since the Great Recession ended has been “free liquidity” provided in seemingly endless amounts by the Federal Reserve. It is almost as though money really does grow on trees!\nBut money created out of thin air does not create new goods and services that improve living standards. If it did, a place likeZimbabwewould be the wealthiest country in the world. However, newly created money can flow into financial assets, which helps explain why valuation levels are so high.\nThe graph below shows “Austrian” Money Supply (AMS), the best measure of money supply that is consistent withthis Austrian School of Economics definition(although it no longer includes traveler’s checks, which have been discontinued in the Fed’s database due to limited use these days). AMS is up 40% since February 2020 and is up an astounding 225% since the Great Recession ended in June 2009!\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nThis is well above the money supply growth that drove the Roaring ‘20s and ultimately led to the Great Depression of the 1930s, as detailed in economist Murray N. Rothbard’s definitive history of that period in his bookAmerica’s Great Depression. In this book, heexplained the cause of the boom and bust business cycle:\nThe “boom-bust” cycle is generated by monetary intervention in the market, specifically bank credit expansion to business…[B]ank credit expansion sets into motion the business cycle in all its phases: the inflationary boom, marked by expansion of the money supply and by malinvestment; the crisis, which arrives when credit expansion ceases and malinvestments become evident; and the depression recovery, the necessary adjustment process by which the economy returns to the most efficient ways of satisfying consumer desires.\nAll this money creation has enabled the Fed to target theFederal Funds Rateat only 0.1%, as shown below. While that is above the negative interest rates prevailing in some countries, it doesn’t leave much room for the Fed to cut rates to try to prevent a recession, particularly with inflation at over 5% now. And as the chart shows, the Fed cut rates throughout the prior three recessions and bear markets and was not able to stop them, since the market is bigger than the Fed. This leaves the stock market and economy very vulnerable in the next downturn, with potentially no “safety nets” to protect them.\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nLastly, for the Keynesian economists who still believe the dogma that Federal budget deficits can prevent a recession - despite any evidence or logical theory to support it - the current Federal Budget Surplus/Deficit To GDP Ratio of -15% is the worst since World War II, as shown below. Given record-high government debt levels and deficits, how much more deficit spending will bond investors be willing to finance? And what good will it do, since deficits did not prevent the Great Recession?\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nImplications For Investors\nThere is much more that can be said to prove our case, but hopefully, the facts provided in this article are sufficient for investors to understand the current risks in financial assets and the economy.\nWhile the exact timing of the next bear market and recession is unknown and there are currently no signs of it with stocks at all-time highs, now is the time for investors to seek out information on how to identify the tell-tale signs of bear markets and how to profit from them, rather than being decimated by them, as the majority of investors, unfortunately, will be.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818273373,"gmtCreate":1630417164392,"gmtModify":1676530297602,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Tmr will&nbsp;tank again. Looking to enter&nbsp;at $55","listText":"Tmr will&nbsp;tank again. Looking to enter&nbsp;at $55","text":"Tmr will tank again. Looking to enter at $55","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818273373","repostId":"2163852151","repostType":4,"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818264807,"gmtCreate":1630414908009,"gmtModify":1676530296679,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/ZM\">$Zoom(ZM)$</a> We are going to see bloodshed, let' see how much Zoom will tank....","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/ZM\">$Zoom(ZM)$</a> We are going to see bloodshed, let' see how much Zoom will tank....","text":"$Zoom(ZM)$ We are going to see bloodshed, let' see how much Zoom will tank....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818264807","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811141312,"gmtCreate":1630301925136,"gmtModify":1676530262073,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"I just believed what goes up must come down, esp if the uptrend is so fast&nbsp;","listText":"I just believed what goes up must come down, esp if the uptrend is so fast&nbsp;","text":"I just believed what goes up must come down, esp if the uptrend is so fast","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/811141312","repostId":"1159889394","repostType":4,"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819275834,"gmtCreate":1630074840528,"gmtModify":1676530218458,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>All shares are in green and climbing except for this stupid BABA.","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>All shares are in green and climbing except for this stupid BABA.","text":"$Alibaba(BABA)$All shares are in green and climbing except for this stupid BABA.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819275834","isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":889017852,"gmtCreate":1631091125476,"gmtModify":1676530465142,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PATH\">$UiPath(PATH)$</a>I believe many people bought this stock because they followed cathie wood, as she invested&nbsp;several millions. So don’t follow her&nbsp;her blindly. She has $$$ to burn while retail investors like us don’t","listText":"<a href=\"https://laohu8.com/S/PATH\">$UiPath(PATH)$</a>I believe many people bought this stock because they followed cathie wood, as she invested&nbsp;several millions. So don’t follow her&nbsp;her blindly. She has $$$ to burn while retail investors like us don’t","text":"$UiPath(PATH)$I believe many people bought this stock because they followed cathie wood, as she invested several millions. So don’t follow her her blindly. She has $$$ to burn while retail investors like us don’t","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/889017852","isVote":1,"tweetType":1,"viewCount":1851,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000221","authorId":"9000000000000221","name":"小时候可帅了00","avatar":"https://static.tigerbbs.com/d63237e21ae39bc54951c8ab6ec41ee9","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000221","authorIdStr":"9000000000000221"},"content":"I can't bear to look directly at this financial data, that is, Sister Wood is here, so I chose it. Total market value 31.8 billion Circulating market value 1.492 billion Total share capital 509 million Circulating capital stock 23.89 million The highest in 52 weeks 90.00 The lowest in 52 weeks 57.01 Price-earnings ratio -40.79 Price-to-book ratio 16.73 Dividend 0 Dividend yield 0.00% ROA -10.03% ROE -30.04% Earnings per share -1.53","text":"I can't bear to look directly at this financial data, that is, Sister Wood is here, so I chose it. Total market value 31.8 billion Circulating market value 1.492 billion Total share capital 509 million Circulating capital stock 23.89 million The highest in 52 weeks 90.00 The lowest in 52 weeks 57.01 Price-earnings ratio -40.79 Price-to-book ratio 16.73 Dividend 0 Dividend yield 0.00% ROA -10.03% ROE -30.04% Earnings per share -1.53","html":"I can't bear to look directly at this financial data, that is, Sister Wood is here, so I chose it. Total market value 31.8 billion Circulating market value 1.492 billion Total share capital 509 million Circulating capital stock 23.89 million The highest in 52 weeks 90.00 The lowest in 52 weeks 57.01 Price-earnings ratio -40.79 Price-to-book ratio 16.73 Dividend 0 Dividend yield 0.00% ROA -10.03% ROE -30.04% Earnings per share -1.53"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889019207,"gmtCreate":1631090337409,"gmtModify":1676530464870,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Uipath is overpriced, will consider buying if it dips to $50ish&nbsp;","listText":"Uipath is overpriced, will consider buying if it dips to $50ish&nbsp;","text":"Uipath is overpriced, will consider buying if it dips to $50ish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/889019207","repostId":"2165350329","repostType":4,"repost":{"id":"2165350329","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1631089500,"share":"https://ttm.financial/m/news/2165350329?lang=&edition=fundamental","pubTime":"2021-09-08 16:25","market":"hk","language":"en","title":"UiPath stock falls following earnings beat, outlook hike","url":"https://stock-news.laohu8.com/highlight/detail?id=2165350329","media":"Dow Jones","summary":"UiPath shares fell over 6% in premarket trading Wednesday even as the \"software robots\" provider top","content":"<p><b><a href=\"https://laohu8.com/S/PATH\">UiPath</a></b>&nbsp;shares fell over&nbsp;6%&nbsp;in premarket&nbsp;trading&nbsp;Wednesday&nbsp;even as the \"software robots\" provider topped Wall Street estimates and raised its outlook for the year.</p>\n<p><img src=\"https://static.tigerbbs.com/91ecf2992c12dabbb2844b9c281a4064\" tg-width=\"972\" tg-height=\"577\" referrerpolicy=\"no-referrer\"></p>\n<p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> shares dropped 6% in premarket&nbsp;trading&nbsp;Wednesday, following a 1.4% decline in the regular session to close at $62.46&nbsp;Tuesday. Following UiPath's first earnings report as a public company about three months ago, shares fell the next day.</p>\n<p>The company reported a second-quarter loss of $100 million, or 19 cents a share, versus net income of $5 million in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were a penny a share, compared with 3 cents a share in the year-ago period.</p>\n<p>Revenue rose to $195.5 million from $139.4 million in the year-ago quarter. The company's annualized renewal run rate, or ARR, rose 60% to $726.5 million from a year ago. ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p>\n<p>Analysts surveyed by FactSet had forecast a loss of 5 cents a share on revenue of $184.3 million and an ARR of $703.8 million, based on UiPath's forecast revenue of $180 million to $185 million and ARR of $702 million to $704 million for the second quarter.</p>\n<p>Read: UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion</p>\n<p>UiPath forecast revenue of $207 million to $209 million and ARR of $796 million to $798 million for the third quarter, while analysts expect revenue of $205.8 million and ARR of $776.8 million.</p>\n<p>For the year, UiPath expects ARR between $876 million and $881 million, up from a previous forecast of $850 million to $855 million. Analysts estimate $854.8 million.</p>\n<p>UiPath's stock made its debut on the New York Stock Exchange back in April. As of Tuesday's close, shares are about 12% above their IPO price of $56 a share.</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>UiPath stock falls following earnings beat, outlook hike</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\">\nUiPath stock falls following earnings beat, outlook hike\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 16:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/PATH\">UiPath</a></b>&nbsp;shares fell over&nbsp;6%&nbsp;in premarket&nbsp;trading&nbsp;Wednesday&nbsp;even as the \"software robots\" provider topped Wall Street estimates and raised its outlook for the year.</p>\n<p><img src=\"https://static.tigerbbs.com/91ecf2992c12dabbb2844b9c281a4064\" tg-width=\"972\" tg-height=\"577\" referrerpolicy=\"no-referrer\"></p>\n<p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> shares dropped 6% in premarket&nbsp;trading&nbsp;Wednesday, following a 1.4% decline in the regular session to close at $62.46&nbsp;Tuesday. Following UiPath's first earnings report as a public company about three months ago, shares fell the next day.</p>\n<p>The company reported a second-quarter loss of $100 million, or 19 cents a share, versus net income of $5 million in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were a penny a share, compared with 3 cents a share in the year-ago period.</p>\n<p>Revenue rose to $195.5 million from $139.4 million in the year-ago quarter. The company's annualized renewal run rate, or ARR, rose 60% to $726.5 million from a year ago. ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p>\n<p>Analysts surveyed by FactSet had forecast a loss of 5 cents a share on revenue of $184.3 million and an ARR of $703.8 million, based on UiPath's forecast revenue of $180 million to $185 million and ARR of $702 million to $704 million for the second quarter.</p>\n<p>Read: UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion</p>\n<p>UiPath forecast revenue of $207 million to $209 million and ARR of $796 million to $798 million for the third quarter, while analysts expect revenue of $205.8 million and ARR of $776.8 million.</p>\n<p>For the year, UiPath expects ARR between $876 million and $881 million, up from a previous forecast of $850 million to $855 million. Analysts estimate $854.8 million.</p>\n<p>UiPath's stock made its debut on the New York Stock Exchange back in April. As of Tuesday's close, shares are about 12% above their IPO price of $56 a share.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165350329","content_text":"UiPath shares fell over 6% in premarket trading Wednesday even as the \"software robots\" provider topped Wall Street estimates and raised its outlook for the year.\n\nUiPath $(PATH.UK)$ shares dropped 6% in premarket trading Wednesday, following a 1.4% decline in the regular session to close at $62.46 Tuesday. Following UiPath's first earnings report as a public company about three months ago, shares fell the next day.\nThe company reported a second-quarter loss of $100 million, or 19 cents a share, versus net income of $5 million in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were a penny a share, compared with 3 cents a share in the year-ago period.\nRevenue rose to $195.5 million from $139.4 million in the year-ago quarter. The company's annualized renewal run rate, or ARR, rose 60% to $726.5 million from a year ago. ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.\nAnalysts surveyed by FactSet had forecast a loss of 5 cents a share on revenue of $184.3 million and an ARR of $703.8 million, based on UiPath's forecast revenue of $180 million to $185 million and ARR of $702 million to $704 million for the second quarter.\nRead: UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion\nUiPath forecast revenue of $207 million to $209 million and ARR of $796 million to $798 million for the third quarter, while analysts expect revenue of $205.8 million and ARR of $776.8 million.\nFor the year, UiPath expects ARR between $876 million and $881 million, up from a previous forecast of $850 million to $855 million. Analysts estimate $854.8 million.\nUiPath's stock made its debut on the New York Stock Exchange back in April. As of Tuesday's close, shares are about 12% above their IPO price of $56 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":781,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819131602,"gmtCreate":1630042027406,"gmtModify":1676530208684,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BUOU.SI\">$FRASERS LOGISTICS &amp; IND TRUST(BUOU.SI)$</a>Today all the reits are in red except you. Good&nbsp;resilience ??","listText":"<a href=\"https://laohu8.com/S/BUOU.SI\">$FRASERS LOGISTICS &amp; IND TRUST(BUOU.SI)$</a>Today all the reits are in red except you. Good&nbsp;resilience ??","text":"$FRASERS LOGISTICS & IND TRUST(BUOU.SI)$Today all the reits are in red except you. Good resilience ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/819131602","isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000220","authorId":"9000000000000220","name":"揭人不揭短","avatar":"https://static.tigerbbs.com/0d1d522df7fd034a47b809b1a57d7176","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000220","authorIdStr":"9000000000000220"},"content":"Total market value 5.551 billion Circulating market value 4.091 billion Total share capital 3.676 billion Circulating capital stock 2.709 billion The highest in 52 weeks 1.54 The lowest in 52 weeks 1.15 Price-earnings ratio 20.40 Price-to-book ratio 1.42 Dividend 0.07 Dividend yield 4.76% ROA 3.66% ROE 8.38% Earnings per share 0.07, well, the financial data feels very good.","text":"Total market value 5.551 billion Circulating market value 4.091 billion Total share capital 3.676 billion Circulating capital stock 2.709 billion The highest in 52 weeks 1.54 The lowest in 52 weeks 1.15 Price-earnings ratio 20.40 Price-to-book ratio 1.42 Dividend 0.07 Dividend yield 4.76% ROA 3.66% ROE 8.38% Earnings per share 0.07, well, the financial data feels very good.","html":"Total market value 5.551 billion Circulating market value 4.091 billion Total share capital 3.676 billion Circulating capital stock 2.709 billion The highest in 52 weeks 1.54 The lowest in 52 weeks 1.15 Price-earnings ratio 20.40 Price-to-book ratio 1.42 Dividend 0.07 Dividend yield 4.76% ROA 3.66% ROE 8.38% Earnings per share 0.07, well, the financial data feels very good."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881463526,"gmtCreate":1631377299165,"gmtModify":1676530538573,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Too ex have to wait for them to dip","listText":"Too ex have to wait for them to dip","text":"Too ex have to wait for them to dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/881463526","repostId":"2166375184","repostType":4,"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811141312,"gmtCreate":1630301925136,"gmtModify":1676530262073,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"I just believed what goes up must come down, esp if the uptrend is so fast&nbsp;","listText":"I just believed what goes up must come down, esp if the uptrend is so fast&nbsp;","text":"I just believed what goes up must come down, esp if the uptrend is so fast","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/811141312","repostId":"1159889394","repostType":4,"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812649770,"gmtCreate":1630586674490,"gmtModify":1676530347734,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"I been holding onto you for over a&nbsp;month,&nbsp;so elated that you didn’t disappoint me. The wait is&nbsp;worth it!","listText":"I been holding onto you for over a&nbsp;month,&nbsp;so elated that you didn’t disappoint me. The wait is&nbsp;worth it!","text":"I been holding onto you for over a month, so elated that you didn’t disappoint me. The wait is worth it!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812649770","repostId":"1159580926","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812238351,"gmtCreate":1630589764273,"gmtModify":1676530348763,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Bringing prosperity to more mid to small companies by getting them listed on bourse.&nbsp;","listText":"Bringing prosperity to more mid to small companies by getting them listed on bourse.&nbsp;","text":"Bringing prosperity to more mid to small companies by getting them listed on bourse.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812238351","repostId":"2164984716","repostType":4,"repost":{"id":"2164984716","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":1630587743,"share":"https://ttm.financial/m/news/2164984716?lang=&edition=fundamental","pubTime":"2021-09-02 21:02","market":"sh","language":"en","title":"Xi says China to set up stock exchange in Beijing","url":"https://stock-news.laohu8.com/highlight/detail?id=2164984716","media":"Reuters","summary":"BEIJING, Sept 2 (Reuters) - China's President Xi Jinping on Thursday said the country would set up a","content":"<p>BEIJING, Sept 2 (Reuters) - China's President Xi Jinping on Thursday said the country would set up a stock exchange in its capital, Beijing, to serve small and medium-sized companies.</p>\n<p>Mainland China's two major stock exchanges are in the financial hub of Shanghai and in the southern city of Shenzhen, on the mainland's border with Hong Kong.</p>\n<p>\"We will continue to support the innovation-driven development of small and medium-sized enterprises by deepening the reform of the New Third Board and setting up the Beijing Stock Exchange as the primary platform serving innovation-oriented SMEs,\" Xi said in a video address at the opening of the China International Fair for Trade in Services (CIFTIS).</p>\n<p>Reuters reported in March that China was considering establishing a bourse to attract overseas-listed companies and bolster the global status of its onshore share markets, citing sources with knowledge of the matter.</p>\n<p>The sources said then that upgrading Beijing's existing equity exchange for small and mid-sized firms, known as the New Third Board, was among the options being discussed.</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>Xi says China to set up stock exchange in Beijing</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\">\nXi says China to set up stock exchange in Beijing\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\">2021-09-02 21:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, Sept 2 (Reuters) - China's President Xi Jinping on Thursday said the country would set up a stock exchange in its capital, Beijing, to serve small and medium-sized companies.</p>\n<p>Mainland China's two major stock exchanges are in the financial hub of Shanghai and in the southern city of Shenzhen, on the mainland's border with Hong Kong.</p>\n<p>\"We will continue to support the innovation-driven development of small and medium-sized enterprises by deepening the reform of the New Third Board and setting up the Beijing Stock Exchange as the primary platform serving innovation-oriented SMEs,\" Xi said in a video address at the opening of the China International Fair for Trade in Services (CIFTIS).</p>\n<p>Reuters reported in March that China was considering establishing a bourse to attract overseas-listed companies and bolster the global status of its onshore share markets, citing sources with knowledge of the matter.</p>\n<p>The sources said then that upgrading Beijing's existing equity exchange for small and mid-sized firms, known as the New Third Board, was among the options being discussed.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164984716","content_text":"BEIJING, Sept 2 (Reuters) - China's President Xi Jinping on Thursday said the country would set up a stock exchange in its capital, Beijing, to serve small and medium-sized companies.\nMainland China's two major stock exchanges are in the financial hub of Shanghai and in the southern city of Shenzhen, on the mainland's border with Hong Kong.\n\"We will continue to support the innovation-driven development of small and medium-sized enterprises by deepening the reform of the New Third Board and setting up the Beijing Stock Exchange as the primary platform serving innovation-oriented SMEs,\" Xi said in a video address at the opening of the China International Fair for Trade in Services (CIFTIS).\nReuters reported in March that China was considering establishing a bourse to attract overseas-listed companies and bolster the global status of its onshore share markets, citing sources with knowledge of the matter.\nThe sources said then that upgrading Beijing's existing equity exchange for small and mid-sized firms, known as the New Third Board, was among the options being discussed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882895042,"gmtCreate":1631671815786,"gmtModify":1676530605239,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>When US market is up, it’s down. When US market is down, it tank.&nbsp;What the heck!","listText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>When US market is up, it’s down. When US market is down, it tank.&nbsp;What the heck!","text":"$TENCENT(00700)$When US market is up, it’s down. When US market is down, it tank. What the heck!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/882895042","isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881917466,"gmtCreate":1631285083655,"gmtModify":1676530520514,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>The Q3 financial resultswill be released on 28 sept, hopefully will be solid. Ihave bought into you again. Pls don’t disappoint allof us here&nbsp;","listText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>The Q3 financial resultswill be released on 28 sept, hopefully will be solid. Ihave bought into you again. Pls don’t disappoint allof us here&nbsp;","text":"$Micron Technology(MU)$The Q3 financial resultswill be released on 28 sept, hopefully will be solid. Ihave bought into you again. Pls don’t disappoint allof us here","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881917466","isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817383852,"gmtCreate":1630907295076,"gmtModify":1676530417896,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>Facing resistance at 507","listText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>Facing resistance at 507","text":"$TENCENT(00700)$Facing resistance at 507","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817383852","isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812264851,"gmtCreate":1630591068173,"gmtModify":1676530349922,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>BABA GIVE ME 180 PLS!","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>BABA GIVE ME 180 PLS!","text":"$Alibaba(BABA)$BABA GIVE ME 180 PLS!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812264851","isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812239085,"gmtCreate":1630589604747,"gmtModify":1676530348684,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>Not worth holding on this&nbsp;stock, as it just raised marginally then back to square 1, unlike other stocks.&nbsp;Sold within a wk","listText":"<a href=\"https://laohu8.com/S/MU\">$Micron Technology(MU)$</a>Not worth holding on this&nbsp;stock, as it just raised marginally then back to square 1, unlike other stocks.&nbsp;Sold within a wk","text":"$Micron Technology(MU)$Not worth holding on this stock, as it just raised marginally then back to square 1, unlike other stocks. Sold within a wk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812239085","isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812652406,"gmtCreate":1630586219005,"gmtModify":1676530347609,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Great article. Thanks!","listText":"Great article. Thanks!","text":"Great article. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812652406","repostId":"1146170136","repostType":4,"repost":{"id":"1146170136","kind":"news","pubTimestamp":1630576860,"share":"https://ttm.financial/m/news/1146170136?lang=&edition=fundamental","pubTime":"2021-09-02 18:01","market":"us","language":"en","title":"5 Reasons The Next Stock Bear Market And Recession Could Be The Worst Since The 1930s","url":"https://stock-news.laohu8.com/highlight/detail?id=1146170136","media":"seekingalpha","summary":"Summary\n\nThe first reason we believe the next stock bear market and recession will be the worst sinc","content":"<p>Summary</p>\n<ul>\n <li>The first reason we believe the next stock bear market and recession will be the worst since the 1930s is due to extremely high asset valuations.</li>\n <li>The second reason is due to extraordinarily bullish investor sentiment.</li>\n <li>The third reason is due to weak economic fundamentals.</li>\n <li>The fourth reason is due to excessive debt levels.</li>\n <li>The fifth reason is due to limited policy options.</li>\n</ul>\n<p>With the S&amp;P 500 (SPY) at all-time highs and seemingly endless “free liquidity” being provided by the Fed, the last thing most investors can envision right now is a major bear market or recession - particularly ones that will be the worst since the Great Depression of the 1930s!</p>\n<p>But the facts we will detail in this article show that is&nbsp;<i>highly likely</i>&nbsp;to be the case. This is an extraordinary statement, but we are living in extraordinary times! Investors need to understand the risks they are facing now in order to prepare and profit from them in the future.</p>\n<p>Here are the five key reasons we believe the next stock bear market and recession will be worse than the Great Recession of 2008-2009 (when the S&amp;P 500 fell 58% and it took about six years to recover), which will make it the worst since the 1930s (when the S&amp;P 500 fell 86% and it took about 25 years to recover):</p>\n<p><b>1. Extremely High Asset Valuations</b></p>\n<p>Informed investors know that we are currently in an “Everything Bubble” driven by massive and persistent central bank money creation. Virtually every major financial asset is overvalued and priced to deliver low - or even negative - long-term returns.</p>\n<p>For example, the Shiller P/E Ratio shown below is 30% higher than it was at the 1929 peak and is nearly as high as the all-time high in 2000. TheShiller P/E Ratiowas created by economist Robert Shiller and is calculated as the price of the S&amp;P 500 divided by the average past 10 years of earnings, adjusted for inflation. It attempts to smooth the cyclicality of earnings. Historically, high Shiller P/E Ratios have led to below-average long-term returns.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/66f9a3f8fedee54d3a30a15b70138ab5\" tg-width=\"640\" tg-height=\"344\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofShiller PE Ratio, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>Warren Buffett’s favorite valuation measure- and the one that best predicts future long-term stock market returns - is the Stock Market Capitalization To GDP Ratio, which is shown below. Based on this measure, stocks are trading 30% higher than the prior all-time high at the Tech Bubble peak of 2000! Stocks would have to fall over 60% for this ratio to return to the levels it reached at the stock market bottom in March 2009.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d270087f9958674d30bed139425fe08e\" tg-width=\"640\" tg-height=\"264\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>It is not just stocks that are priced to deliver poor returns. US Treasury bills and bonds are trading at historically low interest rates not far above zero (and some countries have negative interest rates), assuring very low returns until maturity. Also, corporate bond yields relative to Treasury bond yields are at historically low levels.</p>\n<p>Real estate is also expensive, with REITs trading at historically low dividend yields. And as shown in the chart below of theS&amp;P/Case-Shiller 20-City Home Price Index, home prices are currently 27% higher than they were at the housing bubble peak of 2006!</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c011c579b31844dd761b260b1adb7600\" tg-width=\"640\" tg-height=\"281\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>Importantly, not only do high valuations lead to low long-term returns but they also usually lead to devastating bear markets on the path to those low long-term returns.</p>\n<p><b>2. Extraordinarily Bullish Investor Sentiment</b></p>\n<p>Along with high asset valuations, investor sentiment is at sky-high levels of bullishness. When investors are very bullish, that is a bearish contrarian indicator.</p>\n<p>The best investor sentiment indicators show where investors are actually putting their hard-earned money in anticipation of making a profit, not just what they say their “mood” is. For sentiment, we focus on investor<i>actions</i>, not<i>words</i>.</p>\n<p>One excellent sentiment indicator is the Equity Put/Call Ratio. When investors are bearish, they buy Put options in anticipation of profiting from a fall in stock prices. When they are bullish, they buy Call options in anticipation of profiting from a rise in stock prices. When the ratio of Puts to Calls is very high, that shows investors are very bearish, which is a bullish contrarian indicator. Conversely, when the ratio of Puts to Calls is very low, that shows investors are very bullish, which is a bearish contrarian indicator.</p>\n<p>The chart below shows the Equity Put/Call Ratio, using the 100-day moving average to reduce short-term noise in this indicator. Over the past year, it has fallen to extremely low levels - well below those seen at the stock market peak in 2007.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f4ac510219add2cccd009014b44162b\" tg-width=\"640\" tg-height=\"382\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofStockCharts.com, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>The next chart is the Rydex Asset Ratio, which is the ratio of investor assets in all Rydex bear and money market funds (bearish positioning) compared to investor assets in all Rydex bull funds (bullish positioning). As you can see, investors have been very bullishly positioned in US stocks for over seven years! The last time investors approached this level of bullishness was around the Tech Bubble peak of 2000.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30902a5fd01f363fd7dc95147f34735a\" tg-width=\"640\" tg-height=\"382\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofStockCharts.com, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>When the majority of investors are already very bullish and “all in”, there is no one left to buy and lots of potential sellers when something changes, as it always does. Most investors will be shocked when their bullish expectations meet the harsh reality of a major bear market.</p>\n<p><b>3. Weak Economic Fundamentals</b></p>\n<p>The US economy is not as strong as it used to be. That is certainly true in the wake of the Covid pandemic, but it has also been true for the past two decades. All of the taxes, regulations and other government interventions in the economy in recent decades have created a weaker and more fragile economy that will make the next recession even worse.</p>\n<p>The chart below of Industrial Production shows it is only 8% higher than at the 2000 peak and is 1% lower than at the 2007 peak. It has nearly flatlined over the past two decades. That is much weaker than the 3.9% annual growth in Industrial Production from 1920 to 2000.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3b30a4514e3707d1aaaf03a81dd5d3d\" tg-width=\"640\" tg-height=\"276\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>Total Nonfarm Employment, shown below, grew at a 2.5% annual rate from 1940 to 2000. Similar to Industrial Production, Employment has nearly flatlined over the past two decades. It has increased only 10% since the 2000 peak and only 6% since the 2007 peak. Sadly, it is still nearly 4% below the February 2020 peak.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c7778bd8479e8800718b3abdcdf0dfb\" tg-width=\"640\" tg-height=\"275\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p><b>4. Excessive Debt Levels</b></p>\n<p>The chart below shows the US Total Debt To GDP Ratio is near recent all-time highs at 3.8 times (or 380%), even higher than the high levels preceding the Great Recession. Global Debt To GDP is also at record high levels over 300%, as is US Federal Debt To GDP at 125%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/563808ddc51f6a6b821f4abde5f62d17\" tg-width=\"640\" tg-height=\"242\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>Excessive debt has been the problem with every financial crisis in history, due to prior money creation out of thin air. So the next one promises to be one for the history books given these unprecedented high debt levels. Debt liquidation and defaults will lead to deflation, particularly for asset prices, as we saw in the Great Recession and even more so in the Great Depression.</p>\n<p><b>5. Limited Policy Options</b></p>\n<p>The primary “bull case” for the stock market and economy over the past 12 years since the Great Recession ended has been “free liquidity” provided in seemingly endless amounts by the Federal Reserve. It is almost as though money really does grow on trees!</p>\n<p>But money created out of thin air does not create new goods and services that improve living standards. If it did, a place likeZimbabwewould be the wealthiest country in the world. However, newly created money can flow into financial assets, which helps explain why valuation levels are so high.</p>\n<p>The graph below shows “Austrian” Money Supply (AMS), the best measure of money supply that is consistent withthis Austrian School of Economics definition(although it no longer includes traveler’s checks, which have been discontinued in the Fed’s database due to limited use these days). AMS is up 40% since February 2020 and is up an astounding 225% since the Great Recession ended in June 2009!</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3844fc699c58ff48effcc5918378bfcd\" tg-width=\"640\" tg-height=\"261\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>This is well above the money supply growth that drove the Roaring ‘20s and ultimately led to the Great Depression of the 1930s, as detailed in economist Murray N. Rothbard’s definitive history of that period in his book<i>America’s Great Depression</i>. In this book, heexplained the cause of the boom and bust business cycle:</p>\n<p><i>The “boom-bust” cycle is generated by monetary intervention in the market, specifically bank credit expansion to business…[B]ank credit expansion sets into motion the business cycle in all its phases: the inflationary boom, marked by expansion of the money supply and by malinvestment; the crisis, which arrives when credit expansion ceases and malinvestments become evident; and the depression recovery, the necessary adjustment process by which the economy returns to the most efficient ways of satisfying consumer desires.</i></p>\n<p>All this money creation has enabled the Fed to target theFederal Funds Rateat only 0.1%, as shown below. While that is above the negative interest rates prevailing in some countries, it doesn’t leave much room for the Fed to cut rates to try to prevent a recession, particularly with inflation at over 5% now. And as the chart shows, the Fed cut rates throughout the prior three recessions and bear markets and was not able to stop them, since the market is bigger than the Fed. This leaves the stock market and economy very vulnerable in the next downturn, with potentially no “safety nets” to protect them.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62449341ea09ce506389102e838a6cf4\" tg-width=\"640\" tg-height=\"262\" referrerpolicy=\"no-referrer\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p>Lastly, for the Keynesian economists who still believe the dogma that Federal budget deficits can prevent a recession - despite any evidence or logical theory to support it - the current Federal Budget Surplus/Deficit To GDP Ratio of -15% is the worst since World War II, as shown below. Given record-high government debt levels and deficits, how much more deficit spending will bond investors be willing to finance? And what good will it do, since deficits did not prevent the Great Recession?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/26c9f09598045b1c92a037cc0e326f86\" tg-width=\"640\" tg-height=\"275\" width=\"100%\" height=\"auto\"><span>Source: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.</span></p>\n<p><b>Implications For Investors</b></p>\n<p>There is much more that can be said to prove our case, but hopefully, the facts provided in this article are sufficient for investors to understand the current risks in financial assets and the economy.</p>\n<p>While the exact timing of the next bear market and recession is unknown and there are currently no signs of it with stocks at all-time highs, now is the time for investors to seek out information on how to identify the tell-tale signs of bear markets and how to profit from them, rather than being decimated by them, as the majority of investors, unfortunately, will be.</p>","source":"seekingalpha","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>5 Reasons The Next Stock Bear Market And Recession Could Be The Worst Since The 1930s</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\">\n5 Reasons The Next Stock Bear Market And Recession Could Be The Worst Since The 1930s\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 18:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4452860-5-reasons-the-next-stock-bear-market-and-recession-could-be-the-worst-since-the-1930s><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe first reason we believe the next stock bear market and recession will be the worst since the 1930s is due to extremely high asset valuations.\nThe second reason is due to extraordinarily ...</p>\n\n<a href=\"https://seekingalpha.com/article/4452860-5-reasons-the-next-stock-bear-market-and-recession-could-be-the-worst-since-the-1930s\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4452860-5-reasons-the-next-stock-bear-market-and-recession-could-be-the-worst-since-the-1930s","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1146170136","content_text":"Summary\n\nThe first reason we believe the next stock bear market and recession will be the worst since the 1930s is due to extremely high asset valuations.\nThe second reason is due to extraordinarily bullish investor sentiment.\nThe third reason is due to weak economic fundamentals.\nThe fourth reason is due to excessive debt levels.\nThe fifth reason is due to limited policy options.\n\nWith the S&P 500 (SPY) at all-time highs and seemingly endless “free liquidity” being provided by the Fed, the last thing most investors can envision right now is a major bear market or recession - particularly ones that will be the worst since the Great Depression of the 1930s!\nBut the facts we will detail in this article show that is highly likely to be the case. This is an extraordinary statement, but we are living in extraordinary times! Investors need to understand the risks they are facing now in order to prepare and profit from them in the future.\nHere are the five key reasons we believe the next stock bear market and recession will be worse than the Great Recession of 2008-2009 (when the S&P 500 fell 58% and it took about six years to recover), which will make it the worst since the 1930s (when the S&P 500 fell 86% and it took about 25 years to recover):\n1. Extremely High Asset Valuations\nInformed investors know that we are currently in an “Everything Bubble” driven by massive and persistent central bank money creation. Virtually every major financial asset is overvalued and priced to deliver low - or even negative - long-term returns.\nFor example, the Shiller P/E Ratio shown below is 30% higher than it was at the 1929 peak and is nearly as high as the all-time high in 2000. TheShiller P/E Ratiowas created by economist Robert Shiller and is calculated as the price of the S&P 500 divided by the average past 10 years of earnings, adjusted for inflation. It attempts to smooth the cyclicality of earnings. Historically, high Shiller P/E Ratios have led to below-average long-term returns.\nSource: Chart courtesy ofShiller PE Ratio, with annotations by Jon Wolfenbarger, CFA.\nWarren Buffett’s favorite valuation measure- and the one that best predicts future long-term stock market returns - is the Stock Market Capitalization To GDP Ratio, which is shown below. Based on this measure, stocks are trading 30% higher than the prior all-time high at the Tech Bubble peak of 2000! Stocks would have to fall over 60% for this ratio to return to the levels it reached at the stock market bottom in March 2009.\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nIt is not just stocks that are priced to deliver poor returns. US Treasury bills and bonds are trading at historically low interest rates not far above zero (and some countries have negative interest rates), assuring very low returns until maturity. Also, corporate bond yields relative to Treasury bond yields are at historically low levels.\nReal estate is also expensive, with REITs trading at historically low dividend yields. And as shown in the chart below of theS&P/Case-Shiller 20-City Home Price Index, home prices are currently 27% higher than they were at the housing bubble peak of 2006!\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nImportantly, not only do high valuations lead to low long-term returns but they also usually lead to devastating bear markets on the path to those low long-term returns.\n2. Extraordinarily Bullish Investor Sentiment\nAlong with high asset valuations, investor sentiment is at sky-high levels of bullishness. When investors are very bullish, that is a bearish contrarian indicator.\nThe best investor sentiment indicators show where investors are actually putting their hard-earned money in anticipation of making a profit, not just what they say their “mood” is. For sentiment, we focus on investoractions, notwords.\nOne excellent sentiment indicator is the Equity Put/Call Ratio. When investors are bearish, they buy Put options in anticipation of profiting from a fall in stock prices. When they are bullish, they buy Call options in anticipation of profiting from a rise in stock prices. When the ratio of Puts to Calls is very high, that shows investors are very bearish, which is a bullish contrarian indicator. Conversely, when the ratio of Puts to Calls is very low, that shows investors are very bullish, which is a bearish contrarian indicator.\nThe chart below shows the Equity Put/Call Ratio, using the 100-day moving average to reduce short-term noise in this indicator. Over the past year, it has fallen to extremely low levels - well below those seen at the stock market peak in 2007.\nSource: Chart courtesy ofStockCharts.com, with annotations by Jon Wolfenbarger, CFA.\nThe next chart is the Rydex Asset Ratio, which is the ratio of investor assets in all Rydex bear and money market funds (bearish positioning) compared to investor assets in all Rydex bull funds (bullish positioning). As you can see, investors have been very bullishly positioned in US stocks for over seven years! The last time investors approached this level of bullishness was around the Tech Bubble peak of 2000.\nSource: Chart courtesy ofStockCharts.com, with annotations by Jon Wolfenbarger, CFA.\nWhen the majority of investors are already very bullish and “all in”, there is no one left to buy and lots of potential sellers when something changes, as it always does. Most investors will be shocked when their bullish expectations meet the harsh reality of a major bear market.\n3. Weak Economic Fundamentals\nThe US economy is not as strong as it used to be. That is certainly true in the wake of the Covid pandemic, but it has also been true for the past two decades. All of the taxes, regulations and other government interventions in the economy in recent decades have created a weaker and more fragile economy that will make the next recession even worse.\nThe chart below of Industrial Production shows it is only 8% higher than at the 2000 peak and is 1% lower than at the 2007 peak. It has nearly flatlined over the past two decades. That is much weaker than the 3.9% annual growth in Industrial Production from 1920 to 2000.\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nTotal Nonfarm Employment, shown below, grew at a 2.5% annual rate from 1940 to 2000. Similar to Industrial Production, Employment has nearly flatlined over the past two decades. It has increased only 10% since the 2000 peak and only 6% since the 2007 peak. Sadly, it is still nearly 4% below the February 2020 peak.\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\n4. Excessive Debt Levels\nThe chart below shows the US Total Debt To GDP Ratio is near recent all-time highs at 3.8 times (or 380%), even higher than the high levels preceding the Great Recession. Global Debt To GDP is also at record high levels over 300%, as is US Federal Debt To GDP at 125%.\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nExcessive debt has been the problem with every financial crisis in history, due to prior money creation out of thin air. So the next one promises to be one for the history books given these unprecedented high debt levels. Debt liquidation and defaults will lead to deflation, particularly for asset prices, as we saw in the Great Recession and even more so in the Great Depression.\n5. Limited Policy Options\nThe primary “bull case” for the stock market and economy over the past 12 years since the Great Recession ended has been “free liquidity” provided in seemingly endless amounts by the Federal Reserve. It is almost as though money really does grow on trees!\nBut money created out of thin air does not create new goods and services that improve living standards. If it did, a place likeZimbabwewould be the wealthiest country in the world. However, newly created money can flow into financial assets, which helps explain why valuation levels are so high.\nThe graph below shows “Austrian” Money Supply (AMS), the best measure of money supply that is consistent withthis Austrian School of Economics definition(although it no longer includes traveler’s checks, which have been discontinued in the Fed’s database due to limited use these days). AMS is up 40% since February 2020 and is up an astounding 225% since the Great Recession ended in June 2009!\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nThis is well above the money supply growth that drove the Roaring ‘20s and ultimately led to the Great Depression of the 1930s, as detailed in economist Murray N. Rothbard’s definitive history of that period in his bookAmerica’s Great Depression. In this book, heexplained the cause of the boom and bust business cycle:\nThe “boom-bust” cycle is generated by monetary intervention in the market, specifically bank credit expansion to business…[B]ank credit expansion sets into motion the business cycle in all its phases: the inflationary boom, marked by expansion of the money supply and by malinvestment; the crisis, which arrives when credit expansion ceases and malinvestments become evident; and the depression recovery, the necessary adjustment process by which the economy returns to the most efficient ways of satisfying consumer desires.\nAll this money creation has enabled the Fed to target theFederal Funds Rateat only 0.1%, as shown below. While that is above the negative interest rates prevailing in some countries, it doesn’t leave much room for the Fed to cut rates to try to prevent a recession, particularly with inflation at over 5% now. And as the chart shows, the Fed cut rates throughout the prior three recessions and bear markets and was not able to stop them, since the market is bigger than the Fed. This leaves the stock market and economy very vulnerable in the next downturn, with potentially no “safety nets” to protect them.\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nLastly, for the Keynesian economists who still believe the dogma that Federal budget deficits can prevent a recession - despite any evidence or logical theory to support it - the current Federal Budget Surplus/Deficit To GDP Ratio of -15% is the worst since World War II, as shown below. Given record-high government debt levels and deficits, how much more deficit spending will bond investors be willing to finance? And what good will it do, since deficits did not prevent the Great Recession?\nSource: Chart courtesy ofFRED, with annotations by Jon Wolfenbarger, CFA.\nImplications For Investors\nThere is much more that can be said to prove our case, but hopefully, the facts provided in this article are sufficient for investors to understand the current risks in financial assets and the economy.\nWhile the exact timing of the next bear market and recession is unknown and there are currently no signs of it with stocks at all-time highs, now is the time for investors to seek out information on how to identify the tell-tale signs of bear markets and how to profit from them, rather than being decimated by them, as the majority of investors, unfortunately, will be.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883747346,"gmtCreate":1631277384385,"gmtModify":1676530516610,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/02318\">$PING AN(02318)$</a>Still no signs of bottoming. Bought at 60.15 last week and decided to sell off today. Will re-enter when it stabilises, hopefully by end of this month.&nbsp;","listText":"<a href=\"https://laohu8.com/S/02318\">$PING AN(02318)$</a>Still no signs of bottoming. Bought at 60.15 last week and decided to sell off today. Will re-enter when it stabilises, hopefully by end of this month.&nbsp;","text":"$PING AN(02318)$Still no signs of bottoming. Bought at 60.15 last week and decided to sell off today. Will re-enter when it stabilises, hopefully by end of this month.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883747346","isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889243229,"gmtCreate":1631153557261,"gmtModify":1676530481718,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>Those prices we saw for the past few&nbsp;days were inflated as Tencent bought their own shares.&nbsp;","listText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>Those prices we saw for the past few&nbsp;days were inflated as Tencent bought their own shares.&nbsp;","text":"$TENCENT(00700)$Those prices we saw for the past few days were inflated as Tencent bought their own shares.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/889243229","isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889130072,"gmtCreate":1631113183696,"gmtModify":1676530472587,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"It can't even rise to $75 for the past months moreover $120.","listText":"It can't even rise to $75 for the past months moreover $120.","text":"It can't even rise to $75 for the past months moreover $120.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/889130072","repostId":"2165848395","repostType":2,"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817345228,"gmtCreate":1630913301664,"gmtModify":1676530419050,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Good to restore shareholders confidence&nbsp;","listText":"Good to restore shareholders confidence&nbsp;","text":"Good to restore shareholders confidence","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817345228","repostId":"2164716698","repostType":2,"repost":{"id":"2164716698","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":1630665929,"share":"https://ttm.financial/m/news/2164716698?lang=&edition=fundamental","pubTime":"2021-09-03 18:45","market":"hk","language":"en","title":"BRIEF-Ping An Insurance Bought Back A-Shares For 27.1 Mln Yuan On Sept 3","url":"https://stock-news.laohu8.com/highlight/detail?id=2164716698","media":"Reuters","summary":"Sept 3 (Reuters) - Ping An Insurance Group Co Of China Ltd :   * BOUGHT BACK 532,108 A-SHARES IN THE","content":"<html><body><p>Sept 3 (Reuters) - Ping An Insurance Group Co Of China Ltd</p><p> :</p><p>   * BOUGHT BACK 532,108 A-SHARES IN THE COMPANY FOR 27.1 MILLION YUAN  ($4.20 million) ON SEPT 3 - HKEX FILING</p><p>Source text  Further company coverage:    </p><p>($1 = 6.4505 Chinese yuan renminbi)</p><p> (Reporting by Hong Kong newsroom)</p><p>((twinnie.siu@tr.com; 852-3462 7715;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Ping An Insurance Bought Back A-Shares For 27.1 Mln Yuan On Sept 3</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-Ping An Insurance Bought Back A-Shares For 27.1 Mln Yuan On Sept 3\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\">2021-09-03 18:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Sept 3 (Reuters) - Ping An Insurance Group Co Of China Ltd</p><p> :</p><p>   * BOUGHT BACK 532,108 A-SHARES IN THE COMPANY FOR 27.1 MILLION YUAN  ($4.20 million) ON SEPT 3 - HKEX FILING</p><p>Source text  Further company coverage:    </p><p>($1 = 6.4505 Chinese yuan renminbi)</p><p> (Reporting by Hong Kong newsroom)</p><p>((twinnie.siu@tr.com; 852-3462 7715;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02318":"中国平安","03145":"华夏亚洲高息股"},"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":"2164716698","content_text":"Sept 3 (Reuters) - Ping An Insurance Group Co Of China Ltd :   * BOUGHT BACK 532,108 A-SHARES IN THE COMPANY FOR 27.1 MILLION YUAN  ($4.20 million) ON SEPT 3 - HKEX FILINGSource text  Further company coverage:    ($1 = 6.4505 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)((twinnie.siu@tr.com; 852-3462 7715;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812286048,"gmtCreate":1630590471384,"gmtModify":1676530349398,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>Tdy you must give way for BABA. Finally BABA is back with a loud bang!","listText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>Tdy you must give way for BABA. Finally BABA is back with a loud bang!","text":"$Pinduoduo Inc.(PDD)$Tdy you must give way for BABA. Finally BABA is back with a loud bang!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812286048","isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818273373,"gmtCreate":1630417164392,"gmtModify":1676530297602,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"Tmr will&nbsp;tank again. Looking to enter&nbsp;at $55","listText":"Tmr will&nbsp;tank again. Looking to enter&nbsp;at $55","text":"Tmr will tank again. Looking to enter at $55","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818273373","repostId":"2163852151","repostType":4,"repost":{"id":"2163852151","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":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1630413992,"share":"https://ttm.financial/m/news/2163852151?lang=&edition=fundamental","pubTime":"2021-08-31 20:46","market":"sh","language":"en","title":"Ping An Insurance Receives Regulatory Letter From Shanghai Stock Exchange - Exchange Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2163852151","media":"T-Reuters","summary":"Ping An Insurance Group Co of China Ltd <601318.SS>:Receives Regulatory Letter From Shanghai Stock E","content":"<p>Ping An Insurance Group Co of China Ltd &lt;601318.SS&gt;:Receives Regulatory Letter From Shanghai Stock Exchange - Exchange Filing.</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>Ping An Insurance Receives Regulatory Letter From Shanghai Stock Exchange - Exchange Filing</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\">\nPing An Insurance Receives Regulatory Letter From Shanghai Stock Exchange - Exchange Filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-08-31 20:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Ping An Insurance Group Co of China Ltd &lt;601318.SS&gt;:Receives Regulatory Letter From Shanghai Stock Exchange - Exchange Filing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"601318":"中国平安","02318":"中国平安"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163852151","content_text":"Ping An Insurance Group Co of China Ltd <601318.SS>:Receives Regulatory Letter From Shanghai Stock Exchange - Exchange Filing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818264807,"gmtCreate":1630414908009,"gmtModify":1676530296679,"author":{"id":"4088048427029670","authorId":"4088048427029670","name":"Frozenjs","avatar":"https://static.tigerbbs.com/db33183f7543483c78d6e18af7840695","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088048427029670","authorIdStr":"4088048427029670"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/ZM\">$Zoom(ZM)$</a> We are going to see bloodshed, let' see how much Zoom will tank....","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/ZM\">$Zoom(ZM)$</a> We are going to see bloodshed, let' see how much Zoom will tank....","text":"$Zoom(ZM)$ We are going to see bloodshed, let' see how much Zoom will tank....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818264807","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}