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09:57","market":"us","language":"en","title":"Bullard Sets Tone for Fed Officials Signaling Hikes Will Roll On","url":"https://stock-news.laohu8.com/highlight/detail?id=1103280772","media":"Bloomberg","summary":"Borrowing costs should be high enough to curb inflationTightening has had limited effect on prices s","content":"<html><head></head><body><ul><li>Borrowing costs should be high enough to curb inflation</li><li>Tightening has had limited effect on prices so far, he says</li></ul><p>St. Louis Fed President James Bullard said policymakers should raise interest rates to at least 5% to 5.25%, hitting financial markets as investors recalibrated bets on how high officials would go.</p><p>“In the past I have said 4.75% to 5%,” he told reporters Thursday after giving a speech in Louisville, Kentucky. “Based on this analysis today, I would say 5% to 5.25%. That’s a minimum level. According to this analysis, that would at least get us in the zone.”</p><p>Chair Jerome Powell said earlier this month that rates will need to rise more than previously expected due to disappointing inflation data, while suggesting that officials could moderate the size of their increases going forward. A key reading on consumer prices since then was better than expected but policymakers continue to stress the need to keep raising rates.</p><p>Officials in September had projected rates rising to around 4.6% next year from a current target range of 3.75% to 4%. Those projections will be updated at the Fed’s Dec. 13-14 meeting.</p><p>US 10-year Treasury yields climbed after Bullard became the latest official to say that interest rates had further to rise to curb the strongest inflation in 40 years.</p><p>San Francisco Fed President Mary Daly said on Wednesday that “somewhere between 4.75 and 5.25 seems a reasonable place to think about” for the level that officials should raise rates to then go on hold.</p><p>Bullard’s hawkish tone was echoed later on Thursday by Minneapolis Fed President Neel Kashkari, whosaidit’s an “open question” how far the central bank has to go with rates to bring demand back into balance.</p><p>“I need to be convinced that inflation has at least stopped climbing, that we’re not falling further behind the curve before I would advocate stopping a progression of future rate hikes, so we’re not there yet,” he told the Minnesota Chamber of Commerce’s 2022 Economic Summit.</p><p>“The Fed is still maintaining a outward appearance of hawkishness pending another month of inflation data,” said Guy LeBas, chief fixed-income strategist for Janney Montgomery Scott LLC in Philadelphia. “One month of lower inflation doesn’t mean the war is over.”</p><p>Data last week showed consumer inflation rising by a less-than-expected 7.7% in the 12 months through October. November’s reading will be released on Dec. 13, before officials begin their two days of policy deliberations.</p><p>During his presentation, Bullard showed charts that indicated rates will need to be between about 5% to 7% to meet policymakers’ goal of being “sufficiently restrictive” to curb inflation near a four-decade high.</p><p>The calculation used different versions of a Taylor Rule, a popular monetary policy guideline developed by Stanford University’s John Taylor.</p><h3>‘Minimal’ Level</h3><p>“It’s easy to make arguments that before this is all over you’d have to go to much higher levels of the policy rate” than 5.25%, said Bullard, who votes on policy this year. “But for now I’d be happy to get to the minimal level and that’s why I think the committee is going to have to do more.”</p><p>The St. Louis Fed leader, who has been among the more hawkish policymakers this year, was the latest central banker to call for additional action.</p><p>The Fed raised rates by 75 basis points on Nov. 2 for the fourth straight time as part of its most aggressive tightening since the 1980s to curb an inflation that started in the wake of the Covid-19 pandemic disruptions.</p><p>Bullard didn’t say whether he would favor a 50 or 75 basis-point move at the Fed’s December meeting, telling reporters that he would look to Powell to set the direction.</p><p>A number of his colleagues have called for a downshift in the size of the next rate increase following last week’s consumer price report, which showed a softening in core consumer goods inflation in October.</p><p>Investors expect the Fed will raise rates by a half percentage point next month and see rates peaking around 5% next year.</p><p>The St. Louis Fed president said he expected officials to keep rates high for an extended period to avoid the kind of monetary policy mistakes of the 1970s that resulted in persistently high inflation.</p><p>“We certainly don’t want to replay that episode,” he told reporters. “So we’re going to have to see very tangible evidence that inflation’s coming down meaningfully toward target, and I think we’re going to want to err on the side of staying higher for longer in order to get that to happen.”</p><p>Bullard said while he expected inflation to come down next year, there’s been relatively little evidence of that so far.</p><p>“Thus far, the change in the monetary-policy stance appears to have had only limited effects on observed inflation, but market pricing suggests disinflation is expected in 2023,” Bullard said in his prepared remarks, adding rate hikes so far have caused little financial stress.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBullard Sets Tone for Fed Officials Signaling Hikes Will Roll On\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-18 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-17/fed-s-bullard-says-more-hikes-needed-to-get-to-restrictive-level><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Borrowing costs should be high enough to curb inflationTightening has had limited effect on prices so far, he saysSt. Louis Fed President James Bullard said policymakers should raise interest rates to...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-17/fed-s-bullard-says-more-hikes-needed-to-get-to-restrictive-level\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-17/fed-s-bullard-says-more-hikes-needed-to-get-to-restrictive-level","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103280772","content_text":"Borrowing costs should be high enough to curb inflationTightening has had limited effect on prices so far, he saysSt. Louis Fed President James Bullard said policymakers should raise interest rates to at least 5% to 5.25%, hitting financial markets as investors recalibrated bets on how high officials would go.“In the past I have said 4.75% to 5%,” he told reporters Thursday after giving a speech in Louisville, Kentucky. “Based on this analysis today, I would say 5% to 5.25%. That’s a minimum level. According to this analysis, that would at least get us in the zone.”Chair Jerome Powell said earlier this month that rates will need to rise more than previously expected due to disappointing inflation data, while suggesting that officials could moderate the size of their increases going forward. A key reading on consumer prices since then was better than expected but policymakers continue to stress the need to keep raising rates.Officials in September had projected rates rising to around 4.6% next year from a current target range of 3.75% to 4%. Those projections will be updated at the Fed’s Dec. 13-14 meeting.US 10-year Treasury yields climbed after Bullard became the latest official to say that interest rates had further to rise to curb the strongest inflation in 40 years.San Francisco Fed President Mary Daly said on Wednesday that “somewhere between 4.75 and 5.25 seems a reasonable place to think about” for the level that officials should raise rates to then go on hold.Bullard’s hawkish tone was echoed later on Thursday by Minneapolis Fed President Neel Kashkari, whosaidit’s an “open question” how far the central bank has to go with rates to bring demand back into balance.“I need to be convinced that inflation has at least stopped climbing, that we’re not falling further behind the curve before I would advocate stopping a progression of future rate hikes, so we’re not there yet,” he told the Minnesota Chamber of Commerce’s 2022 Economic Summit.“The Fed is still maintaining a outward appearance of hawkishness pending another month of inflation data,” said Guy LeBas, chief fixed-income strategist for Janney Montgomery Scott LLC in Philadelphia. “One month of lower inflation doesn’t mean the war is over.”Data last week showed consumer inflation rising by a less-than-expected 7.7% in the 12 months through October. November’s reading will be released on Dec. 13, before officials begin their two days of policy deliberations.During his presentation, Bullard showed charts that indicated rates will need to be between about 5% to 7% to meet policymakers’ goal of being “sufficiently restrictive” to curb inflation near a four-decade high.The calculation used different versions of a Taylor Rule, a popular monetary policy guideline developed by Stanford University’s John Taylor.‘Minimal’ Level“It’s easy to make arguments that before this is all over you’d have to go to much higher levels of the policy rate” than 5.25%, said Bullard, who votes on policy this year. “But for now I’d be happy to get to the minimal level and that’s why I think the committee is going to have to do more.”The St. Louis Fed leader, who has been among the more hawkish policymakers this year, was the latest central banker to call for additional action.The Fed raised rates by 75 basis points on Nov. 2 for the fourth straight time as part of its most aggressive tightening since the 1980s to curb an inflation that started in the wake of the Covid-19 pandemic disruptions.Bullard didn’t say whether he would favor a 50 or 75 basis-point move at the Fed’s December meeting, telling reporters that he would look to Powell to set the direction.A number of his colleagues have called for a downshift in the size of the next rate increase following last week’s consumer price report, which showed a softening in core consumer goods inflation in October.Investors expect the Fed will raise rates by a half percentage point next month and see rates peaking around 5% next year.The St. Louis Fed president said he expected officials to keep rates high for an extended period to avoid the kind of monetary policy mistakes of the 1970s that resulted in persistently high inflation.“We certainly don’t want to replay that episode,” he told reporters. “So we’re going to have to see very tangible evidence that inflation’s coming down meaningfully toward target, and I think we’re going to want to err on the side of staying higher for longer in order to get that to happen.”Bullard said while he expected inflation to come down next year, there’s been relatively little evidence of that so far.“Thus far, the change in the monetary-policy stance appears to have had only limited effects on observed inflation, but market pricing suggests disinflation is expected in 2023,” Bullard said in his prepared remarks, adding rate hikes so far have caused little financial stress.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913233517,"gmtCreate":1663988273539,"gmtModify":1676537376094,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/OXY\">$Occidental(OXY)$</a>","listText":"<a href=\"https://ttm.financial/S/OXY\">$Occidental(OXY)$</a>","text":"$Occidental(OXY)$","images":[{"img":"https://community-static.tradeup.com/news/b7833a20f5a72a81dc4c1d9f8dc16fee","width":"1080","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9913233517","isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9934960447,"gmtCreate":1663185247989,"gmtModify":1676537220573,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CHWY\">$Chewy, Inc.(CHWY)$</a>","listText":"<a href=\"https://ttm.financial/S/CHWY\">$Chewy, Inc.(CHWY)$</a>","text":"$Chewy, Inc.(CHWY)$","images":[{"img":"https://community-static.tradeup.com/news/b52faac699ddbbb12bf7408ec9b8079c","width":"1080","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9934960447","isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9995368076,"gmtCreate":1661411759997,"gmtModify":1676536514093,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995368076","repostId":"1175427057","repostType":4,"repost":{"id":"1175427057","kind":"news","pubTimestamp":1661410598,"share":"https://ttm.financial/m/news/1175427057?lang=&edition=fundamental","pubTime":"2022-08-25 14:56","market":"us","language":"en","title":"VTI: Passive Investors Face A Lost Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=1175427057","media":"Seeking Alpha","summary":"SummaryThe VTI is likely to underperform inflation over the next decade leaving holders no better of","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The VTI is likely to underperform inflation over the next decade leaving holders no better off in real terms by the year 2032.</li><li>Historically, investors who bought U.S. stocks at similar PE valuations as the VTI currently could expect to see long-term real returns of around 2-3% annually.</li><li>However, profit margin mean reversion and weaker real GDP growth suggest that future returns will be far lower than this.</li><li>The good news is that passive investors do not have to settle for such meager returns as there are several overseas markets that offer much stronger prospects.</li></ul><p>I last wrote about the Vanguard Total Stock Market ETF (NYSEARCA:VTI) back in May 2021 when I argued that the market was in a &#39;3-sigma&#39; bubble and that rising inflation threatened to be the pin to burst it (<i>see ‘VTI: Rising Inflation May Burst This 3-Sigma Bubble’)</i>. While the VTI went on to rise a further 13% to its December peak, it has since given back all its gains, including the impact of dividend payments. It may pain passive investors to learn that even after the recent decline the VTI is likely to underperform inflation over the next decade leaving holders no better off in real terms by the year 2032 and subjecting them to significant volatility in the coming years.</p><p><b>The VTI ETF</b></p><p>The VTI tracks the performance of the CRSP U.S. Total Market Index which measures the total investable U.S. equities market. While the ETF has a similar composition as the SPY, it also included small- and mid-cap companies, and the underlying index has a larger market capitalization of USD44trn versus the S&amp;P500’s USD36trn. The VTI trades at even more extreme valuations relative to the S&amp;P500, while paying an even lower dividend yield.</p><p>The VTI is a popular ETF among buy-and-hold investors as it captures the entire U.S. market and charges an expense ratio of just 0.03% per year. The VTI is a favored market for followers of the Jack Bogle philosophy that &#39;time in the market beats timing the market&#39;. While this is a good rule of thumb to invest by for most people most of the time, it does not tell the full story. There appears to be a large gap between the returns that passive investors expect to achieve over the long term and the returns that are likely based on current valuations. For those disciplined investors who are committed to dollar cost averaging as stock valuations fall, this may not be a problem, but this is easier said than done. There is an overwhelming urge to sell during bear markets as the red ink piles up, and this is particularly the case if stock weakness occurs amid economic weakness and job security declines.</p><p><b>Valuations Are Still Extreme</b></p><p>The VTI&#39;s valuations have fallen somewhat since last year&#39;s peak, driven by a fall in equity prices and a rise in earnings. The trailing PE ratio now sits at 22x. The forward PE ratio (based on expectations of earnings over the next 12 months) sits at 18.9x, which may seem reasonable, particularly relative to the 2020 peak of 29.9x. Historically, investors who bought U.S. stocks at similar PE valuations could expect to see long-term real returns of around 2-3% annually. Considering the long-term average is around 6%, this is already low, but there are two reasons that suggests future returns are likely to be much lower than this, and quite likely negative.</p><p><img src=\"https://static.tigerbbs.com/5c3ab64632e1f5546b71c5bf8e134e5d\" tg-width=\"640\" tg-height=\"380\" referrerpolicy=\"no-referrer\"/></p><p>US Stocks: PE Ratio Vs Future 10-Year Annual Returns(Robert Shiller)</p><p><b>Profit Margins Are Unsustainably High:</b> I have written a number of articles about how unsustainably high U.S. profit margins are and how structural economic forces are likely to drive them lower over the long term (<i>see ‘SPX: Expect A Bear Market In Profit Margins’</i>). The current profit margin on the VTI is 10.2% which is significantly above its 10-year average of 8.5%. While data for the CRSP U.S. Total Market Index only goes back 10 years, data for the economy as a whole goes back to the 1940s and shows that profit margins are 60% above their long-term average. I fully expect to see profit margins revert to their long-term mean of 7% over the next decade, which would act as a 4-5% annual drag on equity prices assuming no change in the PE ratio.</p><p><img src=\"https://static.tigerbbs.com/3e0762399bd27a508aa286b12931511f\" tg-width=\"640\" tg-height=\"256\" referrerpolicy=\"no-referrer\"/></p><p>US Corporate Earnings, % of GDP(Bloomberg)</p><p><b>Real GDP Growth Will Be Much Lower:</b> Additionally, the 2-3% real returns that have been historically associated with current valuations have been supported by strong real GDP growth, which has averaged over 3%. Such growth rates will be extremely difficult to achieve going forward simply based on slowing population growth, with the working-age population no longer growing at all. When we add in the impact of weaker productivity growth as explained in ‘Brace For Sub-1% Long-Term Growth’, we will be lucky to achieve 1% growth over the next decade.</p><p>Taken together, an elevated PE ratio, unsustainably high profit margins, and a weak real GDP growth outlook suggest that the VTI should be expected to post negative returns over the next decade after taking into account inflation.</p><p><b>There Are Many Alternatives With Higher Return Prospects</b></p><p>The good news is that passive investors do not have to settle for such meagre returns as there are several overseas markets that offer much stronger prospects. As value investors GMO noted in their recent 7-year Asset Class Forecast, emerging market value stocks are now prices to return over 8% in real terms over the next 7 years. If emerging market stocks seem too risky, a long position here can be combined with U.S. Treasuries, which would help to reduce volatility and the risk of a large drawdown, while still providing returns far higher than the VTI. The U.S 10-year Treasury not only offers a higher yield than investors can expect to receive in the VTI, but it also comes with a track record of performing well during equity market weakness. This is likely to come in handy in preventing the urge to panic during any major equity market selloff.</p><p><img src=\"https://static.tigerbbs.com/b9328cf20ef5b79bb94b886f0312a71d\" tg-width=\"640\" tg-height=\"284\" referrerpolicy=\"no-referrer\"/></p><p>7-Year Real Asset Class Forecasts(GMO)</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>VTI: Passive Investors Face A Lost Decade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVTI: Passive Investors Face A Lost Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 14:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536581-vti-etf-likely-underperform-inflation-over-next-decade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe VTI is likely to underperform inflation over the next decade leaving holders no better off in real terms by the year 2032.Historically, investors who bought U.S. stocks at similar PE ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536581-vti-etf-likely-underperform-inflation-over-next-decade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VTI":"大盘指数ETF-Vanguard MSCI"},"source_url":"https://seekingalpha.com/article/4536581-vti-etf-likely-underperform-inflation-over-next-decade","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175427057","content_text":"SummaryThe VTI is likely to underperform inflation over the next decade leaving holders no better off in real terms by the year 2032.Historically, investors who bought U.S. stocks at similar PE valuations as the VTI currently could expect to see long-term real returns of around 2-3% annually.However, profit margin mean reversion and weaker real GDP growth suggest that future returns will be far lower than this.The good news is that passive investors do not have to settle for such meager returns as there are several overseas markets that offer much stronger prospects.I last wrote about the Vanguard Total Stock Market ETF (NYSEARCA:VTI) back in May 2021 when I argued that the market was in a '3-sigma' bubble and that rising inflation threatened to be the pin to burst it (see ‘VTI: Rising Inflation May Burst This 3-Sigma Bubble’). While the VTI went on to rise a further 13% to its December peak, it has since given back all its gains, including the impact of dividend payments. It may pain passive investors to learn that even after the recent decline the VTI is likely to underperform inflation over the next decade leaving holders no better off in real terms by the year 2032 and subjecting them to significant volatility in the coming years.The VTI ETFThe VTI tracks the performance of the CRSP U.S. Total Market Index which measures the total investable U.S. equities market. While the ETF has a similar composition as the SPY, it also included small- and mid-cap companies, and the underlying index has a larger market capitalization of USD44trn versus the S&P500’s USD36trn. The VTI trades at even more extreme valuations relative to the S&P500, while paying an even lower dividend yield.The VTI is a popular ETF among buy-and-hold investors as it captures the entire U.S. market and charges an expense ratio of just 0.03% per year. The VTI is a favored market for followers of the Jack Bogle philosophy that 'time in the market beats timing the market'. While this is a good rule of thumb to invest by for most people most of the time, it does not tell the full story. There appears to be a large gap between the returns that passive investors expect to achieve over the long term and the returns that are likely based on current valuations. For those disciplined investors who are committed to dollar cost averaging as stock valuations fall, this may not be a problem, but this is easier said than done. There is an overwhelming urge to sell during bear markets as the red ink piles up, and this is particularly the case if stock weakness occurs amid economic weakness and job security declines.Valuations Are Still ExtremeThe VTI's valuations have fallen somewhat since last year's peak, driven by a fall in equity prices and a rise in earnings. The trailing PE ratio now sits at 22x. The forward PE ratio (based on expectations of earnings over the next 12 months) sits at 18.9x, which may seem reasonable, particularly relative to the 2020 peak of 29.9x. Historically, investors who bought U.S. stocks at similar PE valuations could expect to see long-term real returns of around 2-3% annually. Considering the long-term average is around 6%, this is already low, but there are two reasons that suggests future returns are likely to be much lower than this, and quite likely negative.US Stocks: PE Ratio Vs Future 10-Year Annual Returns(Robert Shiller)Profit Margins Are Unsustainably High: I have written a number of articles about how unsustainably high U.S. profit margins are and how structural economic forces are likely to drive them lower over the long term (see ‘SPX: Expect A Bear Market In Profit Margins’). The current profit margin on the VTI is 10.2% which is significantly above its 10-year average of 8.5%. While data for the CRSP U.S. Total Market Index only goes back 10 years, data for the economy as a whole goes back to the 1940s and shows that profit margins are 60% above their long-term average. I fully expect to see profit margins revert to their long-term mean of 7% over the next decade, which would act as a 4-5% annual drag on equity prices assuming no change in the PE ratio.US Corporate Earnings, % of GDP(Bloomberg)Real GDP Growth Will Be Much Lower: Additionally, the 2-3% real returns that have been historically associated with current valuations have been supported by strong real GDP growth, which has averaged over 3%. Such growth rates will be extremely difficult to achieve going forward simply based on slowing population growth, with the working-age population no longer growing at all. When we add in the impact of weaker productivity growth as explained in ‘Brace For Sub-1% Long-Term Growth’, we will be lucky to achieve 1% growth over the next decade.Taken together, an elevated PE ratio, unsustainably high profit margins, and a weak real GDP growth outlook suggest that the VTI should be expected to post negative returns over the next decade after taking into account inflation.There Are Many Alternatives With Higher Return ProspectsThe good news is that passive investors do not have to settle for such meagre returns as there are several overseas markets that offer much stronger prospects. As value investors GMO noted in their recent 7-year Asset Class Forecast, emerging market value stocks are now prices to return over 8% in real terms over the next 7 years. If emerging market stocks seem too risky, a long position here can be combined with U.S. Treasuries, which would help to reduce volatility and the risk of a large drawdown, while still providing returns far higher than the VTI. The U.S 10-year Treasury not only offers a higher yield than investors can expect to receive in the VTI, but it also comes with a track record of performing well during equity market weakness. This is likely to come in handy in preventing the urge to panic during any major equity market selloff.7-Year Real Asset Class Forecasts(GMO)","news_type":1},"isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992377115,"gmtCreate":1661269989539,"gmtModify":1676536486702,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992377115","repostId":"2261819523","repostType":4,"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998007584,"gmtCreate":1660890167250,"gmtModify":1676536419606,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998007584","repostId":"2260326073","repostType":4,"repost":{"id":"2260326073","kind":"highlight","pubTimestamp":1660881347,"share":"https://ttm.financial/m/news/2260326073?lang=&edition=fundamental","pubTime":"2022-08-19 11:55","market":"us","language":"en","title":"2 Top Stocks to Buy During a Bear Market (And It's Not Even Close)","url":"https://stock-news.laohu8.com/highlight/detail?id=2260326073","media":"Motley Fool","summary":"A bear market also brings about good buying opportunities, provided you choose wisely.","content":"<html><head></head><body><p>While no one likes to see their stocks lose value, it can also create a buying opportunity. The <b>S&amp;P 500</b> officially entered a bear market a couple of months ago, and when that happens, you can purchase high-quality companies at a discount -- provided you choose wisely and have patience.</p><p>Since the start of the year, <b>Costco Wholesale</b> and <b>Apple</b> have seen their stock prices drop by about 3.9% and 2.5%, respectively, and that&#39;s after regaining some ground over the past month.  With both down for the year, this makes it an opportune time to see if their long-term prospects remain strong.</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F695809%2Fcouple-bank-financial-planning-service-retire-personal-finance.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>Costco</h2><p>Costco Wholesale has had a lot of success over the years by executing a simple concept: providing a range of high-quality goods and services at low unit prices. Customers at its warehouses pay annual membership fees to shop there.</p><p>But they don&#39;t seem to mind. Paid membership continues to increase, finishing the fiscal third quarter (ended May 8) with 64.6 million members, up from 53.9 million for the quarter ended Sept. 1, 2019, before the pandemic began. With renewal rates hovering around 90% for years, it has garnered a loyal membership base, too.</p><p>Loyal and growing members have added up to consistently growing profitability. In the most recent quarter, same-store sales (excluding the impacts of foreign currency translations and gasoline prices), increased by 11%. Operating income, despite confronting higher costs that have also affected other retailers, increased by 7.7% to about $1.8 billion.</p><p>In a positive sign about its growth prospects, Costco continues to open new warehouses. This year, it has expanded by 14, ending the third quarter with 830 warehouses. Management expected to open an additional 10 in the last quarter of the year.</p><h2>Apple</h2><p>Apple has built a loyal following by producing and selling must-have products such as the iPhone, Mac, iPad, and AirPods. It also provides various services, including technical, advertising, and digital content via its App store.</p><p>On the surface, Apple didn&#39;t have a great quarter. In the fiscal third quarter, ended June 25, revenue grew by 1.9% to nearly $83 billion. Operating income fell by $1 billion to $23.1 billion. But I am optimistic this will prove a temporary blip.</p><p>First, iPhone sales, which comprise 49% of Apple&#39;s latest quarterly revenue, grew by 2.8% to $40.7 billion. And that should improve as the company reportedly prepares to release its new version. Given people&#39;s desire to rush out to buy the latest iPhone, this should prove a boon to sales.</p><p>Secondly, services grew by better than 12%, to $19.6 billion. Advertising, cloud, and AppleCare were the primary drivers.  These should continue growing quickly. Notably, advertising represents a fast-growing area.</p><p>With innovative products and high-quality service offerings, it won&#39;t take long before Apple&#39;s top line begins experiencing high growth again.</p><p>It&#39;s encouraging that Costco and Apple continue to execute the strategies that have brought them a lot of success. In Costco&#39;s case, it&#39;s offering members a value proposition. Apple builds in-vogue products for which people clamor. There&#39;s no reason to think that each won&#39;t produce long-term sales and profit growth that will get their stock prices trending back up.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Top Stocks to Buy During a Bear Market (And It's Not Even Close)</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\">\n2 Top Stocks to Buy During a Bear Market (And It's Not Even Close)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-19 11:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/18/2-top-stock-to-buy-during-a-bear-market-and-its-no/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While no one likes to see their stocks lose value, it can also create a buying opportunity. The S&P 500 officially entered a bear market a couple of months ago, and when that happens, you can purchase...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/18/2-top-stock-to-buy-during-a-bear-market-and-its-no/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","COST":"好市多"},"source_url":"https://www.fool.com/investing/2022/08/18/2-top-stock-to-buy-during-a-bear-market-and-its-no/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260326073","content_text":"While no one likes to see their stocks lose value, it can also create a buying opportunity. The S&P 500 officially entered a bear market a couple of months ago, and when that happens, you can purchase high-quality companies at a discount -- provided you choose wisely and have patience.Since the start of the year, Costco Wholesale and Apple have seen their stock prices drop by about 3.9% and 2.5%, respectively, and that's after regaining some ground over the past month.  With both down for the year, this makes it an opportune time to see if their long-term prospects remain strong.Image source: Getty Images.CostcoCostco Wholesale has had a lot of success over the years by executing a simple concept: providing a range of high-quality goods and services at low unit prices. Customers at its warehouses pay annual membership fees to shop there.But they don't seem to mind. Paid membership continues to increase, finishing the fiscal third quarter (ended May 8) with 64.6 million members, up from 53.9 million for the quarter ended Sept. 1, 2019, before the pandemic began. With renewal rates hovering around 90% for years, it has garnered a loyal membership base, too.Loyal and growing members have added up to consistently growing profitability. In the most recent quarter, same-store sales (excluding the impacts of foreign currency translations and gasoline prices), increased by 11%. Operating income, despite confronting higher costs that have also affected other retailers, increased by 7.7% to about $1.8 billion.In a positive sign about its growth prospects, Costco continues to open new warehouses. This year, it has expanded by 14, ending the third quarter with 830 warehouses. Management expected to open an additional 10 in the last quarter of the year.AppleApple has built a loyal following by producing and selling must-have products such as the iPhone, Mac, iPad, and AirPods. It also provides various services, including technical, advertising, and digital content via its App store.On the surface, Apple didn't have a great quarter. In the fiscal third quarter, ended June 25, revenue grew by 1.9% to nearly $83 billion. Operating income fell by $1 billion to $23.1 billion. But I am optimistic this will prove a temporary blip.First, iPhone sales, which comprise 49% of Apple's latest quarterly revenue, grew by 2.8% to $40.7 billion. And that should improve as the company reportedly prepares to release its new version. Given people's desire to rush out to buy the latest iPhone, this should prove a boon to sales.Secondly, services grew by better than 12%, to $19.6 billion. Advertising, cloud, and AppleCare were the primary drivers.  These should continue growing quickly. Notably, advertising represents a fast-growing area.With innovative products and high-quality service offerings, it won't take long before Apple's top line begins experiencing high growth again.It's encouraging that Costco and Apple continue to execute the strategies that have brought them a lot of success. In Costco's case, it's offering members a value proposition. Apple builds in-vogue products for which people clamor. There's no reason to think that each won't produce long-term sales and profit growth that will get their stock prices trending back up.","news_type":1},"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990172781,"gmtCreate":1660316515246,"gmtModify":1676533450060,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990172781","repostId":"2258861097","repostType":4,"repost":{"id":"2258861097","kind":"highlight","pubTimestamp":1660318203,"share":"https://ttm.financial/m/news/2258861097?lang=&edition=fundamental","pubTime":"2022-08-12 23:30","market":"us","language":"en","title":"4 Index Funds to Retire a Millionaire Without Lifting a Finger","url":"https://stock-news.laohu8.com/highlight/detail?id=2258861097","media":"Motley Fool","summary":"For many of us, becoming a millionaire is surprisingly possible.","content":"<html><head></head><body><p>So you&#39;d like to retire a millionaire. Who wouldn&#39;t? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in a particular number of years, you&#39;ll get there.</p><p>A single lottery ticket <i>might</i> work, but really, whether you buy a ticket or not, your odds of winning a big jackpot are nearly the same. Instead, consider a much more reliable -- and <i>easy -- </i>strategy: investing in stocks over many years. Here&#39;s how to do that through index funds.</p><h2>Here&#39;s the math for becoming a millionaire</h2><p>The table below shows how you can build wealth over different multiyear periods with regular investments of various sizes. Clearly, achieving millionaire status is possible, but you&#39;ll need to be diligent to get there. And if you don&#39;t have lots of decades ahead of you, you&#39;ll want to be investing a <i>lot </i>each year.</p><table><thead><tr><th><p>Growing at 8% for...</p></th><th><p>$10,000 Invested Annually</p></th><th><p>$15,000 Invested Annually</p></th><th><p>$20,000 Invested Annually</p></th></tr></thead><tbody><tr><td width=\"145\"><p>5 years</p></td><td width=\"142\"><p>$63,359</p></td><td width=\"138\"><p>$95,039</p></td><td width=\"132\"><p>$126,718</p></td></tr><tr><td width=\"145\"><p>10 years</p></td><td width=\"142\"><p>$156,455</p></td><td width=\"138\"><p>$234,682</p></td><td width=\"132\"><p>$312,910</p></td></tr><tr><td width=\"145\"><p>15 years</p></td><td width=\"142\"><p>$293,243</p></td><td width=\"138\"><p>$439,864</p></td><td width=\"132\"><p>$586,486</p></td></tr><tr><td width=\"145\"><p>20 years</p></td><td width=\"142\"><p>$494,229</p></td><td width=\"138\"><p>$741,344</p></td><td width=\"132\"><p>$988,458</p></td></tr><tr><td width=\"145\"><p>25 years</p></td><td width=\"142\"><p>$789,544</p></td><td width=\"138\"><p>$1,184,316</p></td><td width=\"132\"><p>$1,579,088</p></td></tr><tr><td width=\"145\"><p>30 years</p></td><td width=\"142\"><p>$1,223,459</p></td><td width=\"138\"><p>$1,835,188</p></td><td width=\"132\"><p>$2,446,917</p></td></tr></tbody></table><p>Data source: Calculations by author.</p><p>That 8% annual average growth rate isn&#39;t guaranteed, either. The stock market&#39;s average annual return over long periods is close to 10%, but it will likely be at least a little higher or lower over <i>your</i> particular investing time frame, and may be a lot higher or lower.</p><p>Here are four index funds that may deliver average annual gains of 8% to 10%, on average, over your investing time frame.</p><h2>Four promising index funds</h2><h3>SPDR S&amp;P 500 ETF</h3><p>As a reminder, an index fund is a mutual fund or exchange-traded fund (ETF) that aims to deliver approximately the same returns as a particular index by holding the same securities in the same proportions. Index funds are great for most of us, with the best index funds offering solid performance, low fees, and simplicity. Buy the shares and then trust in the long-term growth of the economy.</p><p>The <b>SPDR S&amp;P 500 ETF</b> tracks the <b>S&amp;P 500</b> index of 500 of America&#39;s biggest companies, such as <b>CVS Health</b>, <b>Amazon.com</b>, <b>Johnson &amp; Johnson</b>, and <b>Pfizer</b>. There are thousands of publicly traded companies in America, but these 500 together make up around 80% of the entire market.</p><p>Lots of financial services companies offer S&amp;P 500 index funds, and there&#39;s a good chance that your company&#39;s 401(k) plan offers one, too. Any such fund, as long as it&#39;s a low-fee index fund, will be a solid candidate for your portfolio.</p><p>Over the past 10 and 15 years, the SPDR S&amp;P 500 ETF has averaged annual gains of 13.6% and 9.4%, respectively.</p><h3>Vanguard Total Stock Market ETF</h3><p>If you&#39;d rather spread your dollars (or some of your dollars) across an index that represents roughly 100% of the total U.S. market instead of just 80%, look at a &#34;total stock market&#34; index fund, like the <b>Vanguard Total Stock Market ETF</b>. It contains more than 4,000 different stocks, including lots of smaller- and small-cap companies, such as <b>BJ&#39;s Wholesale Club</b> and <b>Texas Roadhouse</b>.</p><p>Over the past 10 and 15 years, the Vanguard Total Stock Market ETF has averaged annual gains of 13.4% and 9.5%, respectively.</p><h3><a href=\"https://laohu8.com/S/VT\">Vanguard Total World Stock ETF</a></h3><p>You can do very well over the long run just by sticking with an S&amp;P 500 index fund or a total stock market fund, but for those interested, you can spread your dollars even wider by opting for a &#34;total world stock market&#34; fund. Consider the <b>Vanguard Total World Stock ETF</b>. It encompasses more than <i>9,000</i> stocks from countries around the world. Examples include <b>Taiwan Semiconductor</b>, <b>Toyota Motor</b>, <b>Royal</b> <b>Bank of Canada</b>, and of course, all those companies in the previous two index funds.</p><p>Over the past 10 years, the Vanguard Total World Stock ETF has averaged annual gains of 9.6%. It doesn&#39;t yet have a 15-year average.</p><h3>Invesco QQQ ETF</h3><p>Finally, if you&#39;d like to aim for a higher growth rate than those offered by index funds targeting much of the United States or world market, consider the <b>Invesco QQQ ETF</b>. The focus of the Invesco QQQ ETF is much narrower, as it tracks the <b>Nasdaq-100 Index</b> of the 100 largest non-financial companies listed on the Nasdaq stock exchange, based on market cap. These are mostly well-known growth stocks. Here are the recent top holdings:</p><ul><li><b>Apple</b></li><li><b>Microsoft</b></li><li>Amazon.com</li><li><b>Tesla</b></li><li><b>Alphabet</b></li><li><b><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></b></li><li><b>Nvidia</b></li><li><b>PepsiCo</b></li><li><b>Costco</b></li></ul><p>Other components include <b>Starbucks</b>, <b>Airbnb</b>, and <b>Intuitive Surgical</b>. Over the past 10 and 15 years, the Invesco QQQ ETF has averaged annual gains of 18.4% and 14.6%, respectively.</p><p>With the overall market slumping significantly in recent months, and many growth stocks being hit especially hard, this is a great time to invest in one or more index funds, as prices are low. Give these ETFs some thought and start investing in earnest if you&#39;re aiming to be a millionaire.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Index Funds to Retire a Millionaire Without Lifting a Finger</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\">\n4 Index Funds to Retire a Millionaire Without Lifting a Finger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-12 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>So you'd like to retire a millionaire. Who wouldn't? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","QQQ":"纳指100ETF","VTI":"大盘指数ETF-Vanguard MSCI","VT":"世界全股市ETF-Vanguard"},"source_url":"https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258861097","content_text":"So you'd like to retire a millionaire. Who wouldn't? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in a particular number of years, you'll get there.A single lottery ticket might work, but really, whether you buy a ticket or not, your odds of winning a big jackpot are nearly the same. Instead, consider a much more reliable -- and easy -- strategy: investing in stocks over many years. Here's how to do that through index funds.Here's the math for becoming a millionaireThe table below shows how you can build wealth over different multiyear periods with regular investments of various sizes. Clearly, achieving millionaire status is possible, but you'll need to be diligent to get there. And if you don't have lots of decades ahead of you, you'll want to be investing a lot each year.Growing at 8% for...$10,000 Invested Annually$15,000 Invested Annually$20,000 Invested Annually5 years$63,359$95,039$126,71810 years$156,455$234,682$312,91015 years$293,243$439,864$586,48620 years$494,229$741,344$988,45825 years$789,544$1,184,316$1,579,08830 years$1,223,459$1,835,188$2,446,917Data source: Calculations by author.That 8% annual average growth rate isn't guaranteed, either. The stock market's average annual return over long periods is close to 10%, but it will likely be at least a little higher or lower over your particular investing time frame, and may be a lot higher or lower.Here are four index funds that may deliver average annual gains of 8% to 10%, on average, over your investing time frame.Four promising index fundsSPDR S&P 500 ETFAs a reminder, an index fund is a mutual fund or exchange-traded fund (ETF) that aims to deliver approximately the same returns as a particular index by holding the same securities in the same proportions. Index funds are great for most of us, with the best index funds offering solid performance, low fees, and simplicity. Buy the shares and then trust in the long-term growth of the economy.The SPDR S&P 500 ETF tracks the S&P 500 index of 500 of America's biggest companies, such as CVS Health, Amazon.com, Johnson & Johnson, and Pfizer. There are thousands of publicly traded companies in America, but these 500 together make up around 80% of the entire market.Lots of financial services companies offer S&P 500 index funds, and there's a good chance that your company's 401(k) plan offers one, too. Any such fund, as long as it's a low-fee index fund, will be a solid candidate for your portfolio.Over the past 10 and 15 years, the SPDR S&P 500 ETF has averaged annual gains of 13.6% and 9.4%, respectively.Vanguard Total Stock Market ETFIf you'd rather spread your dollars (or some of your dollars) across an index that represents roughly 100% of the total U.S. market instead of just 80%, look at a \"total stock market\" index fund, like the Vanguard Total Stock Market ETF. It contains more than 4,000 different stocks, including lots of smaller- and small-cap companies, such as BJ's Wholesale Club and Texas Roadhouse.Over the past 10 and 15 years, the Vanguard Total Stock Market ETF has averaged annual gains of 13.4% and 9.5%, respectively.Vanguard Total World Stock ETFYou can do very well over the long run just by sticking with an S&P 500 index fund or a total stock market fund, but for those interested, you can spread your dollars even wider by opting for a \"total world stock market\" fund. Consider the Vanguard Total World Stock ETF. It encompasses more than 9,000 stocks from countries around the world. Examples include Taiwan Semiconductor, Toyota Motor, Royal Bank of Canada, and of course, all those companies in the previous two index funds.Over the past 10 years, the Vanguard Total World Stock ETF has averaged annual gains of 9.6%. It doesn't yet have a 15-year average.Invesco QQQ ETFFinally, if you'd like to aim for a higher growth rate than those offered by index funds targeting much of the United States or world market, consider the Invesco QQQ ETF. The focus of the Invesco QQQ ETF is much narrower, as it tracks the Nasdaq-100 Index of the 100 largest non-financial companies listed on the Nasdaq stock exchange, based on market cap. These are mostly well-known growth stocks. Here are the recent top holdings:AppleMicrosoftAmazon.comTeslaAlphabetMeta PlatformsNvidiaPepsiCoCostcoOther components include Starbucks, Airbnb, and Intuitive Surgical. Over the past 10 and 15 years, the Invesco QQQ ETF has averaged annual gains of 18.4% and 14.6%, respectively.With the overall market slumping significantly in recent months, and many growth stocks being hit especially hard, this is a great time to invest in one or more index funds, as prices are low. Give these ETFs some thought and start investing in earnest if you're aiming to be a millionaire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990176769,"gmtCreate":1660316421453,"gmtModify":1676533450035,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>will it be better","listText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>will it be better","text":"$Berkshire Hathaway(BRK.B)$will it be better","images":[{"img":"https://community-static.tradeup.com/news/d871754cff14c481fee339f048510a0a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990176769","isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9907173190,"gmtCreate":1660173485812,"gmtModify":1703478596701,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907173190","repostId":"2258825225","repostType":4,"repost":{"id":"2258825225","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":1660172032,"share":"https://ttm.financial/m/news/2258825225?lang=&edition=fundamental","pubTime":"2022-08-11 06:53","market":"us","language":"en","title":"US STOCKS-Wall Street Rally Lifts Nasdaq 20% From Low As Inflation Fears Ebb","url":"https://stock-news.laohu8.com/highlight/detail?id=2258825225","media":"Reuters","summary":"* Fed now seen delivering 50 bps hike in September* U.S. consumer price growth slows in July* Musk s","content":"<html><head></head><body><p>* Fed now seen delivering 50 bps hike in September</p><p>* U.S. consumer price growth slows in July</p><p>* Musk sells Tesla shares worth $6.9 bln</p><p>* Volatility index closes at four-month low</p><p>NEW YORK, Aug 10 (Reuters) - Wall Street surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more than expected in July and raised hopes the Federal Reserve will become less aggressive on interest rates hikes.</p><p>A sharp drop in the cost of gasoline helped the U.S. Consumer Price Index stay flat last month after advancing 1.3% in June, the Labor Department said. The CPI rose by a less-than-expected 8.5% over the past 12 months after a 9.1% rise in June.</p><p>The rally came in the wake of the first notable sign of relief for Americans who have watched inflation steadily climb. The Nasdaq now is up 20.8% since bottoming but still needs to pass its prior peak in November to confirm a new bull market.</p><p>Fed funds futures traders are now pricing in only a 43.5% chance that the U.S. central bank hikes rates by 75 basis points when it meets in September, compared with 68% before the data. A 50 basis point hike is seen as a 56.5% probability.</p><p>&#34;For the market, it&#39;s sort of a Goldilocks scenario right now because you have the labor market holding up and inflation potentially starting to come down. That is what a soft landing would look like,&#34; said Shawn Snyder, head of investment strategy at Citi U.S. Wealth Management in New York.</p><p>But one month of slowing inflation is not enough for the Fed to send an all-clear signal, Snyder said.</p><p>The rally on Wall Street was broad-based, with all 11 S&amp;P 500 sectors rising in a sea of green. Growth stocks rose more than value, while Dow transports, small caps and semiconductors also rose.</p><p>The Dow Jones Industrial Average rose 535.1 points, or 1.63%, to 33,309.51, while the S&amp;P 500 gained 87.77 points, or 2.13%, to 4,210.24 and the Nasdaq Composite added 360.88 points, or 2.89%, to 12,854.81.</p><p>It was the biggest single-day gain for both the Nasdaq and S&amp;P 500 in two weeks, and for the Dow in three weeks. It was the highest close for the S&amp;P 500 since early May.</p><p>&#34;(Inflation at) 8.5% is still very high, but there is optimism that perhaps June was the peak,&#34; said Randy Frederick, vice president of trading and derivatives for Charles Schwab.</p><p>Producer prices data for July on Thursday along with August inflation and employment data for release next month could alter the course of the Fed again, Frederick said.</p><p>The Fed has hiked its policy rate by 225 basis points since March despite fears the sharp rise in borrowing costs could tip the U.S. economy into a recession.</p><p>The slowing of inflation was the first &#34;positive&#34; reading on price pressures since the Fed began tightening policy, Chicago Fed President Charles Evans said, even as he signaled he believes the Fed has plenty more work to do.</p><p>After a rough start to the year, the benchmark S&amp;P 500 is up nearly 15% from mid-June lows, largely on expectations the Fed will be less hawkish than anticipated in its efforts to provide a soft landing for the economy as it fights to curb inflation.</p><p>But the S&amp;P 500 is 12% below its all-time high in January, having been in a bear market since then.</p><p>The CBOE Volatility index, Wall Street&#39;s fear gauge, fell below the 20.00 level to close at more than a four-month low.</p><p>High-growth and megacap technology stocks, whose valuations are vulnerable to rising bond yields, rose as Treasury yields fell sharply across the board. Apple Inc, Alphabet Inc, Amazon.com Inc and Microsoft Corp all rose more than 2% each.</p><p>Economy-sensitive banks advanced 2.7%, with Goldman Sachs Group Inc and Morgan Stanley climbing about 3% each.</p><p>&#34;Banks have underperformed and are now getting bid,&#34; said Thomas Hayes, managing member of Great Hill Capital LLC, adding that investors are chasing the laggards that have not participated in the rally since June lows.</p><p>Tesla Inc rose 3.9% after Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker to finance a potential deal for <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc if he loses a legal battle with the social media platform. Twitter gained 3.7%.</p><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc jumped 5.8% after the Facebook parent said on Tuesday it had raised $10 billion in its first-ever bond offering.</p><p>Volume on U.S. exchanges was 11.33 billion shares, compared with the 10.98 billion average for the full session over the past 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 5.69-to-1 ratio; on Nasdaq, a 3.34-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted five new 52-week highs and 29 new lows; the Nasdaq Composite recorded 64 new highs and 54 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Rally Lifts Nasdaq 20% From Low As Inflation Fears Ebb</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Rally Lifts Nasdaq 20% From Low As Inflation Fears Ebb\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-11 06:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Fed now seen delivering 50 bps hike in September</p><p>* U.S. consumer price growth slows in July</p><p>* Musk sells Tesla shares worth $6.9 bln</p><p>* Volatility index closes at four-month low</p><p>NEW YORK, Aug 10 (Reuters) - Wall Street surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more than expected in July and raised hopes the Federal Reserve will become less aggressive on interest rates hikes.</p><p>A sharp drop in the cost of gasoline helped the U.S. Consumer Price Index stay flat last month after advancing 1.3% in June, the Labor Department said. The CPI rose by a less-than-expected 8.5% over the past 12 months after a 9.1% rise in June.</p><p>The rally came in the wake of the first notable sign of relief for Americans who have watched inflation steadily climb. The Nasdaq now is up 20.8% since bottoming but still needs to pass its prior peak in November to confirm a new bull market.</p><p>Fed funds futures traders are now pricing in only a 43.5% chance that the U.S. central bank hikes rates by 75 basis points when it meets in September, compared with 68% before the data. A 50 basis point hike is seen as a 56.5% probability.</p><p>&#34;For the market, it&#39;s sort of a Goldilocks scenario right now because you have the labor market holding up and inflation potentially starting to come down. That is what a soft landing would look like,&#34; said Shawn Snyder, head of investment strategy at Citi U.S. Wealth Management in New York.</p><p>But one month of slowing inflation is not enough for the Fed to send an all-clear signal, Snyder said.</p><p>The rally on Wall Street was broad-based, with all 11 S&amp;P 500 sectors rising in a sea of green. Growth stocks rose more than value, while Dow transports, small caps and semiconductors also rose.</p><p>The Dow Jones Industrial Average rose 535.1 points, or 1.63%, to 33,309.51, while the S&amp;P 500 gained 87.77 points, or 2.13%, to 4,210.24 and the Nasdaq Composite added 360.88 points, or 2.89%, to 12,854.81.</p><p>It was the biggest single-day gain for both the Nasdaq and S&amp;P 500 in two weeks, and for the Dow in three weeks. It was the highest close for the S&amp;P 500 since early May.</p><p>&#34;(Inflation at) 8.5% is still very high, but there is optimism that perhaps June was the peak,&#34; said Randy Frederick, vice president of trading and derivatives for Charles Schwab.</p><p>Producer prices data for July on Thursday along with August inflation and employment data for release next month could alter the course of the Fed again, Frederick said.</p><p>The Fed has hiked its policy rate by 225 basis points since March despite fears the sharp rise in borrowing costs could tip the U.S. economy into a recession.</p><p>The slowing of inflation was the first &#34;positive&#34; reading on price pressures since the Fed began tightening policy, Chicago Fed President Charles Evans said, even as he signaled he believes the Fed has plenty more work to do.</p><p>After a rough start to the year, the benchmark S&amp;P 500 is up nearly 15% from mid-June lows, largely on expectations the Fed will be less hawkish than anticipated in its efforts to provide a soft landing for the economy as it fights to curb inflation.</p><p>But the S&amp;P 500 is 12% below its all-time high in January, having been in a bear market since then.</p><p>The CBOE Volatility index, Wall Street&#39;s fear gauge, fell below the 20.00 level to close at more than a four-month low.</p><p>High-growth and megacap technology stocks, whose valuations are vulnerable to rising bond yields, rose as Treasury yields fell sharply across the board. Apple Inc, Alphabet Inc, Amazon.com Inc and Microsoft Corp all rose more than 2% each.</p><p>Economy-sensitive banks advanced 2.7%, with Goldman Sachs Group Inc and Morgan Stanley climbing about 3% each.</p><p>&#34;Banks have underperformed and are now getting bid,&#34; said Thomas Hayes, managing member of Great Hill Capital LLC, adding that investors are chasing the laggards that have not participated in the rally since June lows.</p><p>Tesla Inc rose 3.9% after Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker to finance a potential deal for <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc if he loses a legal battle with the social media platform. Twitter gained 3.7%.</p><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc jumped 5.8% after the Facebook parent said on Tuesday it had raised $10 billion in its first-ever bond offering.</p><p>Volume on U.S. exchanges was 11.33 billion shares, compared with the 10.98 billion average for the full session over the past 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 5.69-to-1 ratio; on Nasdaq, a 3.34-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted five new 52-week highs and 29 new lows; the Nasdaq Composite recorded 64 new highs and 54 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","DOG":"道指反向ETF","BK4196":"保健护理服务","BK4082":"医疗保健设备","LHDX":"Lucira Health, Inc.","BK4559":"巴菲特持仓","BK4527":"明星科技股","QID":"纳指两倍做空ETF","BK4550":"红杉资本持仓","APR":"Apria, Inc.","LABP":"Landos Biopharma, Inc.",".DJI":"道琼斯","SDS":"两倍做空标普500ETF","BK4574":"无人驾驶",".IXIC":"NASDAQ Composite","SSO":"两倍做多标普500ETF","BK4551":"寇图资本持仓",".SPX":"S&P 500 Index","QQQ":"纳指100ETF","BK4581":"高盛持仓","SPXU":"三倍做空标普500ETF","TSLA":"特斯拉","OEF":"标普100指数ETF-iShares","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓","BK4511":"特斯拉概念","SQQQ":"纳指三倍做空ETF","BK4099":"汽车制造商","QLD":"纳指两倍做多ETF","SANA":"Sana Biotechnology, Inc.","DXD":"道指两倍做空ETF","PSQ":"纳指反向ETF","SPY":"标普500ETF","DJX":"1/100道琼斯","BK4023":"应用软件","DDM":"道指两倍做多ETF","IVV":"标普500指数ETF","BK4533":"AQR资本管理(全球第二大对冲基金)","TQQQ":"纳指三倍做多ETF","ONTF":"ON24, Inc.","SH":"标普500反向ETF","BK4139":"生物科技","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","BK4555":"新能源车","BK4007":"制药"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258825225","content_text":"* Fed now seen delivering 50 bps hike in September* U.S. consumer price growth slows in July* Musk sells Tesla shares worth $6.9 bln* Volatility index closes at four-month lowNEW YORK, Aug 10 (Reuters) - Wall Street surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more than expected in July and raised hopes the Federal Reserve will become less aggressive on interest rates hikes.A sharp drop in the cost of gasoline helped the U.S. Consumer Price Index stay flat last month after advancing 1.3% in June, the Labor Department said. The CPI rose by a less-than-expected 8.5% over the past 12 months after a 9.1% rise in June.The rally came in the wake of the first notable sign of relief for Americans who have watched inflation steadily climb. The Nasdaq now is up 20.8% since bottoming but still needs to pass its prior peak in November to confirm a new bull market.Fed funds futures traders are now pricing in only a 43.5% chance that the U.S. central bank hikes rates by 75 basis points when it meets in September, compared with 68% before the data. A 50 basis point hike is seen as a 56.5% probability.\"For the market, it's sort of a Goldilocks scenario right now because you have the labor market holding up and inflation potentially starting to come down. That is what a soft landing would look like,\" said Shawn Snyder, head of investment strategy at Citi U.S. Wealth Management in New York.But one month of slowing inflation is not enough for the Fed to send an all-clear signal, Snyder said.The rally on Wall Street was broad-based, with all 11 S&P 500 sectors rising in a sea of green. Growth stocks rose more than value, while Dow transports, small caps and semiconductors also rose.The Dow Jones Industrial Average rose 535.1 points, or 1.63%, to 33,309.51, while the S&P 500 gained 87.77 points, or 2.13%, to 4,210.24 and the Nasdaq Composite added 360.88 points, or 2.89%, to 12,854.81.It was the biggest single-day gain for both the Nasdaq and S&P 500 in two weeks, and for the Dow in three weeks. It was the highest close for the S&P 500 since early May.\"(Inflation at) 8.5% is still very high, but there is optimism that perhaps June was the peak,\" said Randy Frederick, vice president of trading and derivatives for Charles Schwab.Producer prices data for July on Thursday along with August inflation and employment data for release next month could alter the course of the Fed again, Frederick said.The Fed has hiked its policy rate by 225 basis points since March despite fears the sharp rise in borrowing costs could tip the U.S. economy into a recession.The slowing of inflation was the first \"positive\" reading on price pressures since the Fed began tightening policy, Chicago Fed President Charles Evans said, even as he signaled he believes the Fed has plenty more work to do.After a rough start to the year, the benchmark S&P 500 is up nearly 15% from mid-June lows, largely on expectations the Fed will be less hawkish than anticipated in its efforts to provide a soft landing for the economy as it fights to curb inflation.But the S&P 500 is 12% below its all-time high in January, having been in a bear market since then.The CBOE Volatility index, Wall Street's fear gauge, fell below the 20.00 level to close at more than a four-month low.High-growth and megacap technology stocks, whose valuations are vulnerable to rising bond yields, rose as Treasury yields fell sharply across the board. Apple Inc, Alphabet Inc, Amazon.com Inc and Microsoft Corp all rose more than 2% each.Economy-sensitive banks advanced 2.7%, with Goldman Sachs Group Inc and Morgan Stanley climbing about 3% each.\"Banks have underperformed and are now getting bid,\" said Thomas Hayes, managing member of Great Hill Capital LLC, adding that investors are chasing the laggards that have not participated in the rally since June lows.Tesla Inc rose 3.9% after Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker to finance a potential deal for Twitter Inc if he loses a legal battle with the social media platform. Twitter gained 3.7%.Meta Platforms Inc jumped 5.8% after the Facebook parent said on Tuesday it had raised $10 billion in its first-ever bond offering.Volume on U.S. exchanges was 11.33 billion shares, compared with the 10.98 billion average for the full session over the past 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 5.69-to-1 ratio; on Nasdaq, a 3.34-to-1 ratio favored advancers.The S&P 500 posted five new 52-week highs and 29 new lows; the Nasdaq Composite recorded 64 new highs and 54 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906536180,"gmtCreate":1659569841041,"gmtModify":1705981635823,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906536180","repostId":"2256990409","repostType":4,"repost":{"id":"2256990409","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":1659569011,"share":"https://ttm.financial/m/news/2256990409?lang=&edition=fundamental","pubTime":"2022-08-04 07:23","market":"us","language":"en","title":"US STOCKS-Nasdaq Ends at Three-Month High As PayPal Fuels Optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=2256990409","media":"Reuters","summary":"* U.S. service sector unexpectedly picks up in July* PayPal rises after raising profit outlook* Mode","content":"<html><head></head><body><p>* U.S. service sector unexpectedly picks up in July</p><p>* <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> rises after raising profit outlook</p><p>* Moderna jumps on $3 billion share buyback plan</p><p>* Indexes: S&amp;P 500 +1.56%, Nasdaq +2.59%, Dow +1.29%</p><p>Aug 3 (Reuters) - Wall Street ended sharply higher on Wednesday, with strong profit forecasts from PayPal and CVS Health Corp lifting sentiment and helping elevate the Nasdaq to its highest level since early May.</p><p>Data showed the U.S. services industry unexpectedly picked up in July amid strong order growth, while supply bottlenecks and price pressures eased. That supported views that the economy was not in recession despite output slumping in the first half of the year.</p><p>A fresh batch of strong results from companies including PayPal and CVS Health Corp boosted sentiment in a largely upbeat quarterly reporting season. Reports exceeding low expectations have helped Wall Street rebound from losses caused by worries about decades-high inflation, rising interest rates and shrinking economic output.</p><p>&#34;We&#39;re going through Q2 earnings and, by and large, from the tech complex to consumer discretionary and industrials, we&#39;re seeing a lot of better-than-feared prints, and that&#39;s just good enough right now,&#34; said Sahak Manuelian, managing director of trading at Wedbush Securities in Los Angeles.</p><p>Apple and Amazon rallied almost 4%, while Facebook-owner <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>    jumped 5.4%.</p><p>PayPal soared almost 10% after it raised its annual profit guidance and said activist investor Elliott Management had an over $2 billion stake in the financial technology firm.</p><p>CVS Health gained 6.3% after the largest U.S. pharmacy chain raised its annual profit forecast after posting strong quarterly results.</p><p>Manuelian said an additional factor behind Wednesday&#39;s stock rally was growing confidence among investors that the Fed has already carried out the bulk of the interest rate hikes that will be necessary to bring inflation under control.</p><p>Meanwhile, Richmond Federal Reserve President Thomas Barkin on Wednesday joined policymakers saying that the U.S. central bank is committed to getting inflation under control and returning it to its 2% target.</p><p>The S&amp;P 500 climbed 1.56% to end the session at 4,155.12 points.</p><p>The Nasdaq gained 2.59% to 12,668.16 points, while Dow Jones Industrial Average rose 1.29% to 32,812.50 points.</p><p>Additional data on Wednesday showed new orders for U.S.-manufactured goods increased solidly in June and business spending on equipment was stronger than initially thought, pointing to underlying strength in manufacturing despite rising interest rates.</p><p>The most traded stock in the S&amp;P 500 was Tesla   , with $24.3 billion worth of shares exchanged during the session. Its shares rose 2.27%.</p><p>Of the 11 S&amp;P 500 sector indexes, 10 rose, led by information technology   , up 2.69%, followed by a 2.52% gain in consumer discretionary   .</p><p>The S&amp;P 500 has rebounded about 13% from its closing low in mid-June and would have to climb another 15% to get back to its record high close in early January.</p><p>Moderna Inc    surged about 16% after the vaccine maker announced a $3 billion share buyback plan.</p><p>Regeneron Pharmaceuticals    climbed 5.9% after it beat quarterly revenue estimates, while coffee chain Starbucks Corp    rose over 4% after it reported upbeat quarterly profits.</p><p>Advancing issues outnumbered falling ones within the S&amp;P 500 by a 3.7-to-1 ratio. The S&amp;P 500 posted two new highs and 30 new lows; the Nasdaq recorded 51 new highs and 37 new lows.</p><p>Volume on U.S. exchanges was relatively heavy, with 11.7 billion shares traded, compared to an average of 10.7 billion shares over the previous 20 sessions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Nasdaq Ends at Three-Month High As PayPal Fuels Optimism</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Nasdaq Ends at Three-Month High As PayPal Fuels Optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-04 07:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. service sector unexpectedly picks up in July</p><p>* <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> rises after raising profit outlook</p><p>* Moderna jumps on $3 billion share buyback plan</p><p>* Indexes: S&amp;P 500 +1.56%, Nasdaq +2.59%, Dow +1.29%</p><p>Aug 3 (Reuters) - Wall Street ended sharply higher on Wednesday, with strong profit forecasts from PayPal and CVS Health Corp lifting sentiment and helping elevate the Nasdaq to its highest level since early May.</p><p>Data showed the U.S. services industry unexpectedly picked up in July amid strong order growth, while supply bottlenecks and price pressures eased. That supported views that the economy was not in recession despite output slumping in the first half of the year.</p><p>A fresh batch of strong results from companies including PayPal and CVS Health Corp boosted sentiment in a largely upbeat quarterly reporting season. Reports exceeding low expectations have helped Wall Street rebound from losses caused by worries about decades-high inflation, rising interest rates and shrinking economic output.</p><p>&#34;We&#39;re going through Q2 earnings and, by and large, from the tech complex to consumer discretionary and industrials, we&#39;re seeing a lot of better-than-feared prints, and that&#39;s just good enough right now,&#34; said Sahak Manuelian, managing director of trading at Wedbush Securities in Los Angeles.</p><p>Apple and Amazon rallied almost 4%, while Facebook-owner <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>    jumped 5.4%.</p><p>PayPal soared almost 10% after it raised its annual profit guidance and said activist investor Elliott Management had an over $2 billion stake in the financial technology firm.</p><p>CVS Health gained 6.3% after the largest U.S. pharmacy chain raised its annual profit forecast after posting strong quarterly results.</p><p>Manuelian said an additional factor behind Wednesday&#39;s stock rally was growing confidence among investors that the Fed has already carried out the bulk of the interest rate hikes that will be necessary to bring inflation under control.</p><p>Meanwhile, Richmond Federal Reserve President Thomas Barkin on Wednesday joined policymakers saying that the U.S. central bank is committed to getting inflation under control and returning it to its 2% target.</p><p>The S&amp;P 500 climbed 1.56% to end the session at 4,155.12 points.</p><p>The Nasdaq gained 2.59% to 12,668.16 points, while Dow Jones Industrial Average rose 1.29% to 32,812.50 points.</p><p>Additional data on Wednesday showed new orders for U.S.-manufactured goods increased solidly in June and business spending on equipment was stronger than initially thought, pointing to underlying strength in manufacturing despite rising interest rates.</p><p>The most traded stock in the S&amp;P 500 was Tesla   , with $24.3 billion worth of shares exchanged during the session. Its shares rose 2.27%.</p><p>Of the 11 S&amp;P 500 sector indexes, 10 rose, led by information technology   , up 2.69%, followed by a 2.52% gain in consumer discretionary   .</p><p>The S&amp;P 500 has rebounded about 13% from its closing low in mid-June and would have to climb another 15% to get back to its record high close in early January.</p><p>Moderna Inc    surged about 16% after the vaccine maker announced a $3 billion share buyback plan.</p><p>Regeneron Pharmaceuticals    climbed 5.9% after it beat quarterly revenue estimates, while coffee chain Starbucks Corp    rose over 4% after it reported upbeat quarterly profits.</p><p>Advancing issues outnumbered falling ones within the S&amp;P 500 by a 3.7-to-1 ratio. The S&amp;P 500 posted two new highs and 30 new lows; the Nasdaq recorded 51 new highs and 37 new lows.</p><p>Volume on U.S. exchanges was relatively heavy, with 11.7 billion shares traded, compared to an average of 10.7 billion shares over the previous 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","BK4106":"数据处理与外包服务","BK4566":"资本集团","BK4554":"元宇宙及AR概念",".SPX":"S&P 500 Index","PYPL":"PayPal","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","BK4524":"宅经济概念","BK4534":"瑞士信贷持仓","BK4581":"高盛持仓","BK4527":"明星科技股",".DJI":"道琼斯","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2256990409","content_text":"* U.S. service sector unexpectedly picks up in July* PayPal rises after raising profit outlook* Moderna jumps on $3 billion share buyback plan* Indexes: S&P 500 +1.56%, Nasdaq +2.59%, Dow +1.29%Aug 3 (Reuters) - Wall Street ended sharply higher on Wednesday, with strong profit forecasts from PayPal and CVS Health Corp lifting sentiment and helping elevate the Nasdaq to its highest level since early May.Data showed the U.S. services industry unexpectedly picked up in July amid strong order growth, while supply bottlenecks and price pressures eased. That supported views that the economy was not in recession despite output slumping in the first half of the year.A fresh batch of strong results from companies including PayPal and CVS Health Corp boosted sentiment in a largely upbeat quarterly reporting season. Reports exceeding low expectations have helped Wall Street rebound from losses caused by worries about decades-high inflation, rising interest rates and shrinking economic output.\"We're going through Q2 earnings and, by and large, from the tech complex to consumer discretionary and industrials, we're seeing a lot of better-than-feared prints, and that's just good enough right now,\" said Sahak Manuelian, managing director of trading at Wedbush Securities in Los Angeles.Apple and Amazon rallied almost 4%, while Facebook-owner Meta Platforms    jumped 5.4%.PayPal soared almost 10% after it raised its annual profit guidance and said activist investor Elliott Management had an over $2 billion stake in the financial technology firm.CVS Health gained 6.3% after the largest U.S. pharmacy chain raised its annual profit forecast after posting strong quarterly results.Manuelian said an additional factor behind Wednesday's stock rally was growing confidence among investors that the Fed has already carried out the bulk of the interest rate hikes that will be necessary to bring inflation under control.Meanwhile, Richmond Federal Reserve President Thomas Barkin on Wednesday joined policymakers saying that the U.S. central bank is committed to getting inflation under control and returning it to its 2% target.The S&P 500 climbed 1.56% to end the session at 4,155.12 points.The Nasdaq gained 2.59% to 12,668.16 points, while Dow Jones Industrial Average rose 1.29% to 32,812.50 points.Additional data on Wednesday showed new orders for U.S.-manufactured goods increased solidly in June and business spending on equipment was stronger than initially thought, pointing to underlying strength in manufacturing despite rising interest rates.The most traded stock in the S&P 500 was Tesla   , with $24.3 billion worth of shares exchanged during the session. Its shares rose 2.27%.Of the 11 S&P 500 sector indexes, 10 rose, led by information technology   , up 2.69%, followed by a 2.52% gain in consumer discretionary   .The S&P 500 has rebounded about 13% from its closing low in mid-June and would have to climb another 15% to get back to its record high close in early January.Moderna Inc    surged about 16% after the vaccine maker announced a $3 billion share buyback plan.Regeneron Pharmaceuticals    climbed 5.9% after it beat quarterly revenue estimates, while coffee chain Starbucks Corp    rose over 4% after it reported upbeat quarterly profits.Advancing issues outnumbered falling ones within the S&P 500 by a 3.7-to-1 ratio. The S&P 500 posted two new highs and 30 new lows; the Nasdaq recorded 51 new highs and 37 new lows.Volume on U.S. exchanges was relatively heavy, with 11.7 billion shares traded, compared to an average of 10.7 billion shares over the previous 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906538722,"gmtCreate":1659569830468,"gmtModify":1705981635164,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906538722","repostId":"2256411992","repostType":4,"repost":{"id":"2256411992","kind":"highlight","pubTimestamp":1659569685,"share":"https://ttm.financial/m/news/2256411992?lang=&edition=fundamental","pubTime":"2022-08-04 07:34","market":"us","language":"en","title":"Twitter Subpoenas Binance and a Dozen More Firms Over $44B Musk Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2256411992","media":"Yahoo Finance","summary":"Bankers and advisers that backed Tesla (TSLA) CEO Elon Musk’s $44 billion bid for Twitter (TWTR) hav","content":"<html><head></head><body><p>Bankers and advisers that backed Tesla (TSLA) CEO Elon Musk’s $44 billion bid for Twitter (TWTR) have been hit with a flood of new subpoenas from the social media site&#39;s lawyers. Those lawyers want to know what happened in Musk’s private negotiations leading up to the now-disputed deal.</p><p>On Tuesday, Twitter filed more than a dozen subpoenas in its fast-tracked lawsuit to force Musk to go through with the deal. The filings directed to Musk’s advisers and would-be lenders — including Binance, Factorial Funds, Benefit Street, Bandera Partners, Founders Fund Growth II Management — add to several others issued to Musk’s bankers, investors, and associates on Monday. Tesla (TSLA) and SpaceX were also served with similar demands.</p><p>Notably, the subpoenas demand that Musk’s advisers and backers hand over documents and communications that either support or refute Musk’s suggestion that Twitter has under-reported the number of fake or “spam” accounts on the social media site.</p><p>Musk contends he&#39;s backing out of the deal because Twitter isn&#39;t providing him with data regarding the number of fake accounts, known as bots, that operate on its platform — and in some cases, spread disinformation. According to Musk, Twitter’s public representations about bot prevalence are misleading, and in excess of its estimated less than 5% of mDAUs, or monetizable daily active users.</p><p>Twitter, on the other hand, says it has long represented that its estimate could be wrong, and that Musk’s bot issue is a pretext for backing out of the agreement. Twitter adds that Musk also deliberately tried to tank the deal with a series of disparaging tweets.</p><p><img src=\"https://static.tigerbbs.com/edb1bb2aa95fb3ea320ade158733fde9\" tg-width=\"4037\" tg-height=\"2802\" referrerpolicy=\"no-referrer\"/>In separate subpoenas directed to Binance and others, Twitter asks the companies to turn over any documents and communications related to Musk’s May 15 Tweet alleging “some chance” that Twitter’s percentage of bots and/or false or spam accounts “might be over 90% of daily active users.”</p><p><img src=\"https://static.tigerbbs.com/59651c6030350d8da63d9e471c21f869\" tg-width=\"1048\" tg-height=\"726\" referrerpolicy=\"no-referrer\"/>The request goes on to demand any documents concerning another Musk Tweet on May 17 that reads “20% fake/spam accounts, while 4 times what Twitter claims, could be much higher.”</p><p><img src=\"https://static.tigerbbs.com/7959136773f96e4ec101f51dd488b452\" tg-width=\"962\" tg-height=\"646\" referrerpolicy=\"no-referrer\"/>The subpoenas further seek from the companies “drafts or iterations of any plans” relating to Twitter’s false or spam accounts, along with any media communications concerning spam accounts, and documents addressing Twitter’s SEC disclosures about spam.</p><p>While Twitter’s lawyers maintain that, under the merger agreement, the company didn&#39;t have to hand over the bot data he requested, his lawyers wrote in a July 8 letter to terminate the deal that Musk needed the fake account information for his financing.</p><p>The bot information, Musk’s lawyers wrote, is needed to “facilitate Musk’s financing and financial planning for the transaction, and to engage in transition planning for the business…”</p><p>For Musk’s part, his lawyers also issued subpoenas seeking information related to Twitter’s end of the transaction. His lawyers issued subpoenas to Goldman Sachs and JPMorgan, as well as boutique investment bank Allen &amp; Co.</p><p>Twitter’s subpoena requests on Monday sought documents and communications from Musk’s associates and investors, including Silicon Valley investors Chamath Palihapitiya, David Sacks, Joe Lonsdale, Steve Jurvetson, Marc Andreessen, Jason Calacanis, Keith Rabois; and from financial advisors Credit Suisse and <a href=\"https://laohu8.com/S/MSSXL\">Morgan Stanley</a>.</p><p>A Delaware Chancery Court judge granted Twitter a five-day trial in the case, which is slated to begin Oct. 17.</p></body></html>","source":"yahoofinance","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>Twitter Subpoenas Binance and a Dozen More Firms Over $44B Musk Deal</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\">\nTwitter Subpoenas Binance and a Dozen More Firms Over $44B Musk Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-04 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/twitter-subpoenas-binance-and-a-dozen-more-firms-over-44-b-musk-deal-191956325.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bankers and advisers that backed Tesla (TSLA) CEO Elon Musk’s $44 billion bid for Twitter (TWTR) have been hit with a flood of new subpoenas from the social media site's lawyers. Those lawyers want to...</p>\n\n<a href=\"https://finance.yahoo.com/news/twitter-subpoenas-binance-and-a-dozen-more-firms-over-44-b-musk-deal-191956325.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","BK4534":"瑞士信贷持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","QNETCN":"纳斯达克中美互联网老虎指数","BK4508":"社交媒体","BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4550":"红杉资本持仓","BK4579":"人工智能","TWTR":"Twitter","BK4574":"无人驾驶","BK4551":"寇图资本持仓","BK4581":"高盛持仓","BK4099":"汽车制造商","BK4511":"特斯拉概念","GS":"高盛","BK4548":"巴美列捷福持仓","TSLA":"特斯拉","BK4516":"特朗普概念"},"source_url":"https://finance.yahoo.com/news/twitter-subpoenas-binance-and-a-dozen-more-firms-over-44-b-musk-deal-191956325.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2256411992","content_text":"Bankers and advisers that backed Tesla (TSLA) CEO Elon Musk’s $44 billion bid for Twitter (TWTR) have been hit with a flood of new subpoenas from the social media site's lawyers. Those lawyers want to know what happened in Musk’s private negotiations leading up to the now-disputed deal.On Tuesday, Twitter filed more than a dozen subpoenas in its fast-tracked lawsuit to force Musk to go through with the deal. The filings directed to Musk’s advisers and would-be lenders — including Binance, Factorial Funds, Benefit Street, Bandera Partners, Founders Fund Growth II Management — add to several others issued to Musk’s bankers, investors, and associates on Monday. Tesla (TSLA) and SpaceX were also served with similar demands.Notably, the subpoenas demand that Musk’s advisers and backers hand over documents and communications that either support or refute Musk’s suggestion that Twitter has under-reported the number of fake or “spam” accounts on the social media site.Musk contends he's backing out of the deal because Twitter isn't providing him with data regarding the number of fake accounts, known as bots, that operate on its platform — and in some cases, spread disinformation. According to Musk, Twitter’s public representations about bot prevalence are misleading, and in excess of its estimated less than 5% of mDAUs, or monetizable daily active users.Twitter, on the other hand, says it has long represented that its estimate could be wrong, and that Musk’s bot issue is a pretext for backing out of the agreement. Twitter adds that Musk also deliberately tried to tank the deal with a series of disparaging tweets.In separate subpoenas directed to Binance and others, Twitter asks the companies to turn over any documents and communications related to Musk’s May 15 Tweet alleging “some chance” that Twitter’s percentage of bots and/or false or spam accounts “might be over 90% of daily active users.”The request goes on to demand any documents concerning another Musk Tweet on May 17 that reads “20% fake/spam accounts, while 4 times what Twitter claims, could be much higher.”The subpoenas further seek from the companies “drafts or iterations of any plans” relating to Twitter’s false or spam accounts, along with any media communications concerning spam accounts, and documents addressing Twitter’s SEC disclosures about spam.While Twitter’s lawyers maintain that, under the merger agreement, the company didn't have to hand over the bot data he requested, his lawyers wrote in a July 8 letter to terminate the deal that Musk needed the fake account information for his financing.The bot information, Musk’s lawyers wrote, is needed to “facilitate Musk’s financing and financial planning for the transaction, and to engage in transition planning for the business…”For Musk’s part, his lawyers also issued subpoenas seeking information related to Twitter’s end of the transaction. His lawyers issued subpoenas to Goldman Sachs and JPMorgan, as well as boutique investment bank Allen & Co.Twitter’s subpoena requests on Monday sought documents and communications from Musk’s associates and investors, including Silicon Valley investors Chamath Palihapitiya, David Sacks, Joe Lonsdale, Steve Jurvetson, Marc Andreessen, Jason Calacanis, Keith Rabois; and from financial advisors Credit Suisse and Morgan Stanley.A Delaware Chancery Court judge granted Twitter a five-day trial in the case, which is slated to begin Oct. 17.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901982684,"gmtCreate":1659115110648,"gmtModify":1676536259719,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>lets go","listText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>lets go","text":"$Berkshire Hathaway(BRK.B)$lets go","images":[{"img":"https://community-static.tradeup.com/news/9a525b1e0502a27baead5601ea12ece0","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901982684","isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9901982825,"gmtCreate":1659115072067,"gmtModify":1676536259710,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901982825","repostId":"1127120005","repostType":4,"repost":{"id":"1127120005","kind":"news","pubTimestamp":1659108221,"share":"https://ttm.financial/m/news/1127120005?lang=&edition=fundamental","pubTime":"2022-07-29 23:23","market":"us","language":"en","title":"Apple: I'd Rather Buy The SPY","url":"https://stock-news.laohu8.com/highlight/detail?id=1127120005","media":"Seeking Alpha","summary":"SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating re","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.</li><li>Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the iPhone and fail to move the needle to satisfy growth investors.</li><li>In Peter Lynch&#39;s terms, Apple has fully transitioned from Fast Grower to Stalwart.</li><li>Investors can de-risk their portfolios by buying the SPY, which has a good chance of matching or beating Apple&#39;s future returns.</li></ul><p><b>Investment Thesis</b></p><p>There&#39;s no denying the incredible success of Apple (NASDAQ:AAPL) as a company and as an investment. Indeed, Apple even enticed investing legend Warren Buffett, who typically stays away from technology stocks, to take up a billion-dollar position back in 2016. But, as many of us know, the larger a snowball gets the harder it is to roll, to the point where it&#39;s so large it can&#39;t be rolled at all. With a nearly $2.5 trillion market cap, Apple is an enormous snowball. To put it in perspective, Apple is the size of 25 PayPal&#39;s (PYPL). It takes an enormous amount of money to move Apple, whether that be revenue, earnings, or investors.</p><p>Apple has an impressive track record of innovation with products such as the Apple Watch, Air Pods, Apple TV, and Apple Pay. But how many more home runs could be left in this behemoth? Just as important a question, how far outside the park must Apple hit these home runs to have a meaningful impact on revenue and earnings?</p><p>I&#39;m not betting against Apple&#39;s ability to innovate. I&#39;m betting against their ability to replicate past success in a manner that&#39;ll grow EPS well above the S&amp;P 500. In my opinion, Apple is a snowball that&#39;s just too hard to move. Because of this, I think investors are better off buying theSPY.</p><p><b>Where is Future Growth Coming From?</b></p><p>I think most of us will agree Apple has pretty well saturated the smartphone market in the US. As of 2021,datashows Apple had 46.9% of the US smartphone market with share gains growing at a very slow pace. I see no reason to believe iPhone share gains will be any better than the recent past.</p><p><img src=\"https://static.tigerbbs.com/6f5a8230f021553bdab552ae6cb8ce70\" tg-width=\"640\" tg-height=\"344\" referrerpolicy=\"no-referrer\"/></p><p>iPhone Market Share (statista.com)</p><p>Apple&#39;s second-largest market is Europe where they hold a 32.3% share. Apple holds a microscopic edge over Samsung as a market leader. Share gains in Europe have also moderated in recent years similar to the US.</p><p><img src=\"https://static.tigerbbs.com/f0becc8c9b730dc6c023bcefce1e0646\" tg-width=\"640\" tg-height=\"315\" referrerpolicy=\"no-referrer\"/></p><p>Apple Market Share - Europe (Statcounter.com)</p><p>Perhaps China can save the day? Apple recently reclaimed the number one spot as a smartphone provider in China. Apple overtook competitor Huawei after Huawei was negatively impacted by US sanctions. So, one could argue Apple&#39;s 23% leading market position is somewhat artificial.</p><p>Either way, with saturated markets in the US and Europe and a fiercely competitive environment in China, I don&#39;t see market-beating returns coming as a result of increasing iPhone sales which are the backbone of the company.</p><p>So, where will Apple turn to produce the +15% per year (or approximately $15 billion in year one) earnings growth investors are accustomed to?</p><p><b>Share Repurchases</b></p><p>Over the past 10 years, Apple has spent an astonishing$467 billion on share repurchases, reducing a total number of shares outstanding by 4.4% annually. Share repurchases have been a foundation of Apple&#39;s annual EPS growth and I fully expect this to continue in the future. While I&#39;m a fan of share repurchases, I don&#39;t prefer when they&#39;re the primary form of EPS growth.</p><p><img src=\"https://static.tigerbbs.com/664dc00f07bea24b2eb1aa207937ae30\" tg-width=\"640\" tg-height=\"376\" referrerpolicy=\"no-referrer\"/></p><p>Shares Outstanding (Quickfs.com)</p><p>To put it in perspective, share repurchases accounted for the following percentage (approximate) of annual EPS growth for Apple:</p><ul><li>2017: 47% of YOY EPS growth</li><li>2018: 21% of YOY EPS growth</li><li>2019: Not measurable because EPS growth was negative</li><li>2020: 62% of YOY EPS growth</li><li>2021: 9% of YOY EPS growth</li></ul><p>Prior to 2021, share repurchases often accounted for a significant portion of EPS growth. I view 2021 as an outlier due to the amount of fiscal stimulus injected into the economy, which drove up revenue for many companies, including Apple.</p><p><b>Products &amp; Services</b></p><p>Apple has numerous products and services of which I am a satisfied customer. These include the iPhone, iPad, Apple Watch, Air Pods, AppStore, Apple Pay, and Apple Music. I greatly enjoy each of these and believe they offer excellent value.</p><p>Apple&#39;s fastest growing categories are Wearables, Home &amp; Accessories and Services. Over the past 5 years, Wearables, Home &amp; Accessories has grown revenue at a 31.5% CAGR while Services clocks in at 20.3%.</p><p>Here&#39;s what&#39;s included in each per Apple&#39;s 2021 10-K filing.</p><blockquote>Wearables, Home and Accessories net sales include sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and accessories.</blockquote><blockquote>Services net sales include sales from the Company&#39;s advertising, AppleCare, cloud, digital content, payment and other services. Services net sales also include amortization of the deferred value of services bundled in the sales price of certain products.</blockquote><p><img src=\"https://static.tigerbbs.com/2b67155a2ae8b688f5fddfede0b0344b\" tg-width=\"640\" tg-height=\"168\" referrerpolicy=\"no-referrer\"/></p><p>Revenue by Category (Author&#39;s personal data)</p><p>As seen in the table above, iPhone, Mac, and iPad sales have been fairly lumpy whereas Wearables, Home &amp; Accessories and Services has been steadily increasing.</p><p>Using this information, I can make an educated guess on future revenue growth for Apple. In the table below, I de-rated the revenue CAGR for each category to reflect a more modest expectation of growth.</p><p><img src=\"https://static.tigerbbs.com/d0e23bc5acddfa2604ba624d20446f19\" tg-width=\"640\" tg-height=\"166\" referrerpolicy=\"no-referrer\"/></p><p>Forecast Revenue by Category (Author&#39;s personal data)</p><p><b>Valuation</b></p><p>Using the market multiple approaches, I arrive at a 2026 target price of $197 for Apple, which includes share repurchases but excludes dividends. I assumed revenue growth of 10.3% (table above), net margins of 23.2% (5YR avg), a long-term PE of 20, and reducing shares outstanding by 4.5% annually.</p><ul><li>2026 revenue estimate = $593 billion</li><li>Net income = $593 billion x 23.2% = $137.6 billion</li><li>Shares outstanding reducing from 16.9 billion in 2022 to 14.0 billion in 2026</li><li>2026 EPS estimate = $137.6 billion / 14.0 billion = $9.83</li><li>Fair value = 20 (PE) x $9.83 = $196.60</li></ul><p>With today&#39;s price of $154 per share, a target price of $196.60 would constitute a 5-year CAGR of 5%. Not exactly a market-beating return in my opinion.</p><p>From a DCF perspective, I show an intrinsic value of $156, which doesn&#39;t offer an acceptable margin of safety. I used an 8% discount rate and 2.5% terminal growth rate. I assumed Apple will continue reducing a total number of shares outstanding by 2.5% annually and grow FCF by 7.4% annually (below the 10 YR CAGR of 10.8%).</p><p><img src=\"https://static.tigerbbs.com/89bb0473ac235d24fd63d6a47a1f565f\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/></p><p>DCF Valuation (Author&#39;s personal data)</p><p><b>Aren&#39;t There Risks To The SPY?</b></p><p>Of course, stocks and ETFs aren&#39;t called risk-assets for nothing. In the current macro environment of rising interest rates, sky-high inflation, and a looming recession, investing anywhere is risky. To quote Mr. Buffett:</p><blockquote>Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.</blockquote><p>History says 10 or 20 years from now, the market will be higher than what it is today, so it&#39;s important to keep a long-term perspective. In the current environment,dollar-cost averaging may be the best approach. And if you find yourself stressed about unrealized losses in 2022, that&#39;s probably a good sign you&#39;re invested too heavily, either in general or in an individual position. How well you sleep at night is often a good gauge of portfolio health.</p><p><b>Conclusion</b></p><p>Apple is a phenomenal company with a bright future, but I find it hard to believe it&#39;ll offer market-beating returns in the coming years. At its current share price, Apple appears to be fairly valued and doesn&#39;t offer an acceptable margin of safety. Investors looking to 5x their money in the next 5 to 10 years likely won&#39;t be able to do so owning Apple. It&#39;s simply too large a snowball. Because of this, I think investors are better served buying the SPY where they&#39;ll get indirect exposure to Apple, de-risk their portfolio, and have a decent chance of outperforming Apple in the long term.</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>Apple: I'd Rather Buy The SPY</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: I'd Rather Buy The SPY\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-29 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4527039-apple-rather-buy-spy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4527039-apple-rather-buy-spy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4527039-apple-rather-buy-spy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127120005","content_text":"SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the iPhone and fail to move the needle to satisfy growth investors.In Peter Lynch's terms, Apple has fully transitioned from Fast Grower to Stalwart.Investors can de-risk their portfolios by buying the SPY, which has a good chance of matching or beating Apple's future returns.Investment ThesisThere's no denying the incredible success of Apple (NASDAQ:AAPL) as a company and as an investment. Indeed, Apple even enticed investing legend Warren Buffett, who typically stays away from technology stocks, to take up a billion-dollar position back in 2016. But, as many of us know, the larger a snowball gets the harder it is to roll, to the point where it's so large it can't be rolled at all. With a nearly $2.5 trillion market cap, Apple is an enormous snowball. To put it in perspective, Apple is the size of 25 PayPal's (PYPL). It takes an enormous amount of money to move Apple, whether that be revenue, earnings, or investors.Apple has an impressive track record of innovation with products such as the Apple Watch, Air Pods, Apple TV, and Apple Pay. But how many more home runs could be left in this behemoth? Just as important a question, how far outside the park must Apple hit these home runs to have a meaningful impact on revenue and earnings?I'm not betting against Apple's ability to innovate. I'm betting against their ability to replicate past success in a manner that'll grow EPS well above the S&P 500. In my opinion, Apple is a snowball that's just too hard to move. Because of this, I think investors are better off buying theSPY.Where is Future Growth Coming From?I think most of us will agree Apple has pretty well saturated the smartphone market in the US. As of 2021,datashows Apple had 46.9% of the US smartphone market with share gains growing at a very slow pace. I see no reason to believe iPhone share gains will be any better than the recent past.iPhone Market Share (statista.com)Apple's second-largest market is Europe where they hold a 32.3% share. Apple holds a microscopic edge over Samsung as a market leader. Share gains in Europe have also moderated in recent years similar to the US.Apple Market Share - Europe (Statcounter.com)Perhaps China can save the day? Apple recently reclaimed the number one spot as a smartphone provider in China. Apple overtook competitor Huawei after Huawei was negatively impacted by US sanctions. So, one could argue Apple's 23% leading market position is somewhat artificial.Either way, with saturated markets in the US and Europe and a fiercely competitive environment in China, I don't see market-beating returns coming as a result of increasing iPhone sales which are the backbone of the company.So, where will Apple turn to produce the +15% per year (or approximately $15 billion in year one) earnings growth investors are accustomed to?Share RepurchasesOver the past 10 years, Apple has spent an astonishing$467 billion on share repurchases, reducing a total number of shares outstanding by 4.4% annually. Share repurchases have been a foundation of Apple's annual EPS growth and I fully expect this to continue in the future. While I'm a fan of share repurchases, I don't prefer when they're the primary form of EPS growth.Shares Outstanding (Quickfs.com)To put it in perspective, share repurchases accounted for the following percentage (approximate) of annual EPS growth for Apple:2017: 47% of YOY EPS growth2018: 21% of YOY EPS growth2019: Not measurable because EPS growth was negative2020: 62% of YOY EPS growth2021: 9% of YOY EPS growthPrior to 2021, share repurchases often accounted for a significant portion of EPS growth. I view 2021 as an outlier due to the amount of fiscal stimulus injected into the economy, which drove up revenue for many companies, including Apple.Products & ServicesApple has numerous products and services of which I am a satisfied customer. These include the iPhone, iPad, Apple Watch, Air Pods, AppStore, Apple Pay, and Apple Music. I greatly enjoy each of these and believe they offer excellent value.Apple's fastest growing categories are Wearables, Home & Accessories and Services. Over the past 5 years, Wearables, Home & Accessories has grown revenue at a 31.5% CAGR while Services clocks in at 20.3%.Here's what's included in each per Apple's 2021 10-K filing.Wearables, Home and Accessories net sales include sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and accessories.Services net sales include sales from the Company's advertising, AppleCare, cloud, digital content, payment and other services. Services net sales also include amortization of the deferred value of services bundled in the sales price of certain products.Revenue by Category (Author's personal data)As seen in the table above, iPhone, Mac, and iPad sales have been fairly lumpy whereas Wearables, Home & Accessories and Services has been steadily increasing.Using this information, I can make an educated guess on future revenue growth for Apple. In the table below, I de-rated the revenue CAGR for each category to reflect a more modest expectation of growth.Forecast Revenue by Category (Author's personal data)ValuationUsing the market multiple approaches, I arrive at a 2026 target price of $197 for Apple, which includes share repurchases but excludes dividends. I assumed revenue growth of 10.3% (table above), net margins of 23.2% (5YR avg), a long-term PE of 20, and reducing shares outstanding by 4.5% annually.2026 revenue estimate = $593 billionNet income = $593 billion x 23.2% = $137.6 billionShares outstanding reducing from 16.9 billion in 2022 to 14.0 billion in 20262026 EPS estimate = $137.6 billion / 14.0 billion = $9.83Fair value = 20 (PE) x $9.83 = $196.60With today's price of $154 per share, a target price of $196.60 would constitute a 5-year CAGR of 5%. Not exactly a market-beating return in my opinion.From a DCF perspective, I show an intrinsic value of $156, which doesn't offer an acceptable margin of safety. I used an 8% discount rate and 2.5% terminal growth rate. I assumed Apple will continue reducing a total number of shares outstanding by 2.5% annually and grow FCF by 7.4% annually (below the 10 YR CAGR of 10.8%).DCF Valuation (Author's personal data)Aren't There Risks To The SPY?Of course, stocks and ETFs aren't called risk-assets for nothing. In the current macro environment of rising interest rates, sky-high inflation, and a looming recession, investing anywhere is risky. To quote Mr. Buffett:Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.History says 10 or 20 years from now, the market will be higher than what it is today, so it's important to keep a long-term perspective. In the current environment,dollar-cost averaging may be the best approach. And if you find yourself stressed about unrealized losses in 2022, that's probably a good sign you're invested too heavily, either in general or in an individual position. How well you sleep at night is often a good gauge of portfolio health.ConclusionApple is a phenomenal company with a bright future, but I find it hard to believe it'll offer market-beating returns in the coming years. At its current share price, Apple appears to be fairly valued and doesn't offer an acceptable margin of safety. Investors looking to 5x their money in the next 5 to 10 years likely won't be able to do so owning Apple. It's simply too large a snowball. Because of this, I think investors are better served buying the SPY where they'll get indirect exposure to Apple, de-risk their portfolio, and have a decent chance of outperforming Apple in the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076218251,"gmtCreate":1657850583573,"gmtModify":1676536072500,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076218251","repostId":"1161904983","repostType":4,"repost":{"id":"1161904983","kind":"news","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":1657842124,"share":"https://ttm.financial/m/news/1161904983?lang=&edition=fundamental","pubTime":"2022-07-15 07:42","market":"us","language":"en","title":"Fed Hawks Say They Want 75 Basis Point Rate Hike in July","url":"https://stock-news.laohu8.com/highlight/detail?id=1161904983","media":"Reuters","summary":"(Reuters) - Two of the Federal Reserve's most hawkish policymakers on Thursday said they favored ano","content":"<html><head></head><body><p>(Reuters) - Two of the Federal Reserve&#39;s most hawkish policymakers on Thursday said they favored another 75-basis-point interest rate increase at the U.S. central bank&#39;s policy meeting this month, not the bigger rate hike traders had raced to price in after a report Wednesday showed inflation was accelerating.</p><p>The remarks from Fed Governor Christopher Waller and St. Louis Fed President James Bullard hit home, with markets swiftly reversing course to reflect the pair&#39;s preference, though still assigning about a 45% chance to a full percentage-point rate hike.</p><p>Waller, speaking at the Rocky Mountain Economic Summit in Victor, Idaho, said he would lean toward a larger hike if incoming data on retail sales or housing shows demand is not slowing fast enough to bring inflation down, or if inflation expectations worsened.</p><p>But, he said, &#34;markets may have gotten ahead of themselves a little bit yesterday.&#34;</p><p>Despite the &#34;major league disappointment&#34; of this week&#39;s report showing inflation rose 9.1% in June from a year earlier, an &#34;ugly&#34; number was what he had expected, and only cemented his own view that a 75-basis point rate hike at the Fed&#39;s July 26-27 meeting would be appropriate.</p><p>&#34;You don&#39;t want to, really, overdo the rate hikes,&#34; he said, noting that a three-quarters-percentage-point increase is still &#34;huge&#34; and shows the Fed is serious about bringing inflation back down to its 2% target.</p><p>&#34;Don&#39;t say, because you are not going to 100, you are not doing your job,&#34; he said.</p><p>Bullard, in an interview with Japanese financial newspaper Nikkei released on Thursday, also said that he does not back a larger increase for now.</p><p>&#34;So far, we&#39;ve framed this mostly as 50 versus 75 at this meeting,&#34; Bullard said. &#34;I think 75 has a lot of virtue to it.&#34;</p><p>Asked if the Fed&#39;s policy rate, currently in a range of 1.5-1.75%, could exceed 4% by year end, Bullard said: &#34;I suppose it&#39;s possible,&#34; but cautioned that would require data on inflation to continue coming in in &#34;an adverse way.&#34;</p><p>Waller likewise said further moves beyond July based on the data, adding that he would support restricting demand with further rate increases until core inflation, excluding volatile food and energy prices, starts to fall.</p><p>Because the labor market is very strong and data does not show signs of it weakening, he said a &#34;soft landing&#34; for the economy is &#34;very plausible&#34; and a recession -- inconceivable currently with the unemployment rate at 3.6%-- can be avoided.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed Hawks Say They Want 75 Basis Point Rate Hike in July</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; 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Hawks Say They Want 75 Basis Point Rate Hike in July\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-15 07:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Two of the Federal Reserve&#39;s most hawkish policymakers on Thursday said they favored another 75-basis-point interest rate increase at the U.S. central bank&#39;s policy meeting this month, not the bigger rate hike traders had raced to price in after a report Wednesday showed inflation was accelerating.</p><p>The remarks from Fed Governor Christopher Waller and St. Louis Fed President James Bullard hit home, with markets swiftly reversing course to reflect the pair&#39;s preference, though still assigning about a 45% chance to a full percentage-point rate hike.</p><p>Waller, speaking at the Rocky Mountain Economic Summit in Victor, Idaho, said he would lean toward a larger hike if incoming data on retail sales or housing shows demand is not slowing fast enough to bring inflation down, or if inflation expectations worsened.</p><p>But, he said, &#34;markets may have gotten ahead of themselves a little bit yesterday.&#34;</p><p>Despite the &#34;major league disappointment&#34; of this week&#39;s report showing inflation rose 9.1% in June from a year earlier, an &#34;ugly&#34; number was what he had expected, and only cemented his own view that a 75-basis point rate hike at the Fed&#39;s July 26-27 meeting would be appropriate.</p><p>&#34;You don&#39;t want to, really, overdo the rate hikes,&#34; he said, noting that a three-quarters-percentage-point increase is still &#34;huge&#34; and shows the Fed is serious about bringing inflation back down to its 2% target.</p><p>&#34;Don&#39;t say, because you are not going to 100, you are not doing your job,&#34; he said.</p><p>Bullard, in an interview with Japanese financial newspaper Nikkei released on Thursday, also said that he does not back a larger increase for now.</p><p>&#34;So far, we&#39;ve framed this mostly as 50 versus 75 at this meeting,&#34; Bullard said. &#34;I think 75 has a lot of virtue to it.&#34;</p><p>Asked if the Fed&#39;s policy rate, currently in a range of 1.5-1.75%, could exceed 4% by year end, Bullard said: &#34;I suppose it&#39;s possible,&#34; but cautioned that would require data on inflation to continue coming in in &#34;an adverse way.&#34;</p><p>Waller likewise said further moves beyond July based on the data, adding that he would support restricting demand with further rate increases until core inflation, excluding volatile food and energy prices, starts to fall.</p><p>Because the labor market is very strong and data does not show signs of it weakening, he said a &#34;soft landing&#34; for the economy is &#34;very plausible&#34; and a recession -- inconceivable currently with the unemployment rate at 3.6%-- can be avoided.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161904983","content_text":"(Reuters) - Two of the Federal Reserve's most hawkish policymakers on Thursday said they favored another 75-basis-point interest rate increase at the U.S. central bank's policy meeting this month, not the bigger rate hike traders had raced to price in after a report Wednesday showed inflation was accelerating.The remarks from Fed Governor Christopher Waller and St. Louis Fed President James Bullard hit home, with markets swiftly reversing course to reflect the pair's preference, though still assigning about a 45% chance to a full percentage-point rate hike.Waller, speaking at the Rocky Mountain Economic Summit in Victor, Idaho, said he would lean toward a larger hike if incoming data on retail sales or housing shows demand is not slowing fast enough to bring inflation down, or if inflation expectations worsened.But, he said, \"markets may have gotten ahead of themselves a little bit yesterday.\"Despite the \"major league disappointment\" of this week's report showing inflation rose 9.1% in June from a year earlier, an \"ugly\" number was what he had expected, and only cemented his own view that a 75-basis point rate hike at the Fed's July 26-27 meeting would be appropriate.\"You don't want to, really, overdo the rate hikes,\" he said, noting that a three-quarters-percentage-point increase is still \"huge\" and shows the Fed is serious about bringing inflation back down to its 2% target.\"Don't say, because you are not going to 100, you are not doing your job,\" he said.Bullard, in an interview with Japanese financial newspaper Nikkei released on Thursday, also said that he does not back a larger increase for now.\"So far, we've framed this mostly as 50 versus 75 at this meeting,\" Bullard said. \"I think 75 has a lot of virtue to it.\"Asked if the Fed's policy rate, currently in a range of 1.5-1.75%, could exceed 4% by year end, Bullard said: \"I suppose it's possible,\" but cautioned that would require data on inflation to continue coming in in \"an adverse way.\"Waller likewise said further moves beyond July based on the data, adding that he would support restricting demand with further rate increases until core inflation, excluding volatile food and energy prices, starts to fall.Because the labor market is very strong and data does not show signs of it weakening, he said a \"soft landing\" for the economy is \"very plausible\" and a recession -- inconceivable currently with the unemployment rate at 3.6%-- can be avoided.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9078684289,"gmtCreate":1657678272641,"gmtModify":1676536044932,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078684289","repostId":"2251976459","repostType":4,"repost":{"id":"2251976459","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":1657666789,"share":"https://ttm.financial/m/news/2251976459?lang=&edition=fundamental","pubTime":"2022-07-13 06:59","market":"us","language":"en","title":"US STOCKS-Wall Street Tumbles at Close As Worries Mount Ahead of CPI Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2251976459","media":"Reuters","summary":"* Treasury yield inversion stokes recession worries* Boeing jumps, deliveries reach highest monthly ","content":"<html><head></head><body><p>* Treasury yield inversion stokes recession worries</p><p>* Boeing jumps, deliveries reach highest monthly level in 3 years</p><p>* Gap slides on CEO exit, outlook</p><p>* Indexes fall: Dow 0.62%, S&amp;P 0.92%, Nasdaq 0.95%</p><p>(Reuters) - Wall Street ended in negative territory on Tuesday as growing signs of recession kept buyers out of the equities market ahead of inflation data.</p><p>While all three major U.S. stock indexes seesawed between modest gains and losses earlier in the session, they turned sharply lower late in the day as Wednesday&#39;s Consumer Prices report from the Labor Department drew near, with big bank earnings looming later in the week.</p><p>&#34;(Investors are) waiting to hear what happens with CPI and earnings,&#34; said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company, in Milwaukee, Wisconsin. &#34;For several months we&#39;ve swung back and forth between inflation fears and recession fears, almost on a daily basis.&#34;</p><p>&#34;We have really confused investors who have chosen to go on a buyers strike,&#34; Schutte added. &#34;I don’t hear many people saying &#39;buy the dip.&#39;&#34;</p><p>While the CPI report is expected to show inflation gathered heat in June, the so-called &#34;core&#34; CPI, which strips away volatile food and energy prices, is seen offering further confirmation that inflation has peaked, which could potentially convince the Federal Reserve to ease on its policy tightening in autumn.</p><p>Paul Kim, chief executive officer at Simplify ETFs in New York, expects year-on-year topline CPI to &#34;be in the high eight or potentially even nine percentage range, and with inflation that high, the Fed has only one thing in mind.&#34;</p><p>Worries that overly aggressive moves by the Fed to reign in decades-high inflation could push the economy over the brink of recession were exacerbated by the steepest inversion of the 2 year and 10 year Treasury yields since at least March 2010, a potential signal of near-term risk and economic contraction.</p><p>The market expects the central bank to raise the key Fed funds target rate by 75 basis points at the conclusion of its July policy meeting, which would mark its third consecutive interest rate hike.</p><p>The Dow Jones Industrial Average fell 192.51 points, or 0.62%, to 30,981.33, the S&amp;P 500 lost 35.63 points, or 0.92%, to 3,818.8 and the Nasdaq Composite dropped 107.87 points, or 0.95%, to 11,264.73.</p><p>All 11 major sectors in the S&amp;P 500 fell, with energy shares, weighed down by plunging crude prices, suffering the largest percentage loss.</p><p>The second-quarter reporting season will hit full stride later in the week as JPMorgan Chase &amp; Co, <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>, Citigroup and Wells Fargo &amp; Co post results.</p><p>As of Friday, analysts saw aggregate annual S&amp;P earnings growth of 5.7% for the April to June period, down from the 6.8% forecast at the beginning of the quarter, according to Refinitiv.</p><p>PepsiCo got the ball rolling this week by beating its quarterly earnings estimates and announced it could increase prices amid resilient demand.</p><p>Shares of Boeing Co jumped 7.4% after the plane maker&#39;s June aircraft deliveries hit the highest monthly level since March 2019.</p><p>That news, along with falling energy prices, helped the S&amp;P 1500 Air Lines index rise 6.1%.</p><p>Apparel retailer Gap Inc fell 5.0% following its announcement that its CEO would step down, and that margins would stay under pressure in the second quarter due to input costs.</p><p>Software provider Service Now plunged 12.7% after its CEO&#39;s remarks about macro headwinds and currency pressures. Other software companies, including Salesforce.com   , Paycom Software, Intuit and Microsoft, were also down.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.37-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 13 new highs and 145 new lows.</p><p>Volume on U.S. exchanges was 9.86 billion shares, compared with the 12.79 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Tumbles at Close As Worries Mount Ahead of CPI Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Tumbles at Close As Worries Mount Ahead of CPI Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-13 06:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Treasury yield inversion stokes recession worries</p><p>* Boeing jumps, deliveries reach highest monthly level in 3 years</p><p>* Gap slides on CEO exit, outlook</p><p>* Indexes fall: Dow 0.62%, S&amp;P 0.92%, Nasdaq 0.95%</p><p>(Reuters) - Wall Street ended in negative territory on Tuesday as growing signs of recession kept buyers out of the equities market ahead of inflation data.</p><p>While all three major U.S. stock indexes seesawed between modest gains and losses earlier in the session, they turned sharply lower late in the day as Wednesday&#39;s Consumer Prices report from the Labor Department drew near, with big bank earnings looming later in the week.</p><p>&#34;(Investors are) waiting to hear what happens with CPI and earnings,&#34; said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company, in Milwaukee, Wisconsin. &#34;For several months we&#39;ve swung back and forth between inflation fears and recession fears, almost on a daily basis.&#34;</p><p>&#34;We have really confused investors who have chosen to go on a buyers strike,&#34; Schutte added. &#34;I don’t hear many people saying &#39;buy the dip.&#39;&#34;</p><p>While the CPI report is expected to show inflation gathered heat in June, the so-called &#34;core&#34; CPI, which strips away volatile food and energy prices, is seen offering further confirmation that inflation has peaked, which could potentially convince the Federal Reserve to ease on its policy tightening in autumn.</p><p>Paul Kim, chief executive officer at Simplify ETFs in New York, expects year-on-year topline CPI to &#34;be in the high eight or potentially even nine percentage range, and with inflation that high, the Fed has only one thing in mind.&#34;</p><p>Worries that overly aggressive moves by the Fed to reign in decades-high inflation could push the economy over the brink of recession were exacerbated by the steepest inversion of the 2 year and 10 year Treasury yields since at least March 2010, a potential signal of near-term risk and economic contraction.</p><p>The market expects the central bank to raise the key Fed funds target rate by 75 basis points at the conclusion of its July policy meeting, which would mark its third consecutive interest rate hike.</p><p>The Dow Jones Industrial Average fell 192.51 points, or 0.62%, to 30,981.33, the S&amp;P 500 lost 35.63 points, or 0.92%, to 3,818.8 and the Nasdaq Composite dropped 107.87 points, or 0.95%, to 11,264.73.</p><p>All 11 major sectors in the S&amp;P 500 fell, with energy shares, weighed down by plunging crude prices, suffering the largest percentage loss.</p><p>The second-quarter reporting season will hit full stride later in the week as JPMorgan Chase &amp; Co, <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>, Citigroup and Wells Fargo &amp; Co post results.</p><p>As of Friday, analysts saw aggregate annual S&amp;P earnings growth of 5.7% for the April to June period, down from the 6.8% forecast at the beginning of the quarter, according to Refinitiv.</p><p>PepsiCo got the ball rolling this week by beating its quarterly earnings estimates and announced it could increase prices amid resilient demand.</p><p>Shares of Boeing Co jumped 7.4% after the plane maker&#39;s June aircraft deliveries hit the highest monthly level since March 2019.</p><p>That news, along with falling energy prices, helped the S&amp;P 1500 Air Lines index rise 6.1%.</p><p>Apparel retailer Gap Inc fell 5.0% following its announcement that its CEO would step down, and that margins would stay under pressure in the second quarter due to input costs.</p><p>Software provider Service Now plunged 12.7% after its CEO&#39;s remarks about macro headwinds and currency pressures. Other software companies, including Salesforce.com   , Paycom Software, Intuit and Microsoft, were also down.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.37-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 13 new highs and 145 new lows.</p><p>Volume on U.S. exchanges was 9.86 billion shares, compared with the 12.79 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251976459","content_text":"* Treasury yield inversion stokes recession worries* Boeing jumps, deliveries reach highest monthly level in 3 years* Gap slides on CEO exit, outlook* Indexes fall: Dow 0.62%, S&P 0.92%, Nasdaq 0.95%(Reuters) - Wall Street ended in negative territory on Tuesday as growing signs of recession kept buyers out of the equities market ahead of inflation data.While all three major U.S. stock indexes seesawed between modest gains and losses earlier in the session, they turned sharply lower late in the day as Wednesday's Consumer Prices report from the Labor Department drew near, with big bank earnings looming later in the week.\"(Investors are) waiting to hear what happens with CPI and earnings,\" said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company, in Milwaukee, Wisconsin. \"For several months we've swung back and forth between inflation fears and recession fears, almost on a daily basis.\"\"We have really confused investors who have chosen to go on a buyers strike,\" Schutte added. \"I don’t hear many people saying 'buy the dip.'\"While the CPI report is expected to show inflation gathered heat in June, the so-called \"core\" CPI, which strips away volatile food and energy prices, is seen offering further confirmation that inflation has peaked, which could potentially convince the Federal Reserve to ease on its policy tightening in autumn.Paul Kim, chief executive officer at Simplify ETFs in New York, expects year-on-year topline CPI to \"be in the high eight or potentially even nine percentage range, and with inflation that high, the Fed has only one thing in mind.\"Worries that overly aggressive moves by the Fed to reign in decades-high inflation could push the economy over the brink of recession were exacerbated by the steepest inversion of the 2 year and 10 year Treasury yields since at least March 2010, a potential signal of near-term risk and economic contraction.The market expects the central bank to raise the key Fed funds target rate by 75 basis points at the conclusion of its July policy meeting, which would mark its third consecutive interest rate hike.The Dow Jones Industrial Average fell 192.51 points, or 0.62%, to 30,981.33, the S&P 500 lost 35.63 points, or 0.92%, to 3,818.8 and the Nasdaq Composite dropped 107.87 points, or 0.95%, to 11,264.73.All 11 major sectors in the S&P 500 fell, with energy shares, weighed down by plunging crude prices, suffering the largest percentage loss.The second-quarter reporting season will hit full stride later in the week as JPMorgan Chase & Co, Morgan Stanley, Citigroup and Wells Fargo & Co post results.As of Friday, analysts saw aggregate annual S&P earnings growth of 5.7% for the April to June period, down from the 6.8% forecast at the beginning of the quarter, according to Refinitiv.PepsiCo got the ball rolling this week by beating its quarterly earnings estimates and announced it could increase prices amid resilient demand.Shares of Boeing Co jumped 7.4% after the plane maker's June aircraft deliveries hit the highest monthly level since March 2019.That news, along with falling energy prices, helped the S&P 1500 Air Lines index rise 6.1%.Apparel retailer Gap Inc fell 5.0% following its announcement that its CEO would step down, and that margins would stay under pressure in the second quarter due to input costs.Software provider Service Now plunged 12.7% after its CEO's remarks about macro headwinds and currency pressures. Other software companies, including Salesforce.com   , Paycom Software, Intuit and Microsoft, were also down.Declining issues outnumbered advancing ones on the NYSE by a 1.37-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.The S&P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 13 new highs and 145 new lows.Volume on U.S. exchanges was 9.86 billion shares, compared with the 12.79 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048328299,"gmtCreate":1656144218611,"gmtModify":1676535776279,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048328299","repostId":"2246204202","repostType":4,"repost":{"id":"2246204202","kind":"highlight","pubTimestamp":1656132843,"share":"https://ttm.financial/m/news/2246204202?lang=&edition=fundamental","pubTime":"2022-06-25 12:54","market":"us","language":"en","title":"China Electric-Vehicle Stocks Are All the Rage, Trouncing Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2246204202","media":"Bloomberg","summary":"(Bloomberg) -- Shares of China’s electric-vehicle makers are trouncing global industry leader Tesla ","content":"<html><head></head><body><p>(Bloomberg) -- Shares of China’s electric-vehicle makers are trouncing global industry leader <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc.</a>, bolstered by Beijing’s consumption incentives and heavy dip-buying from investors.</p><p>American depository receipts of <a href=\"https://laohu8.com/S/NIO\">Nio Inc.</a>, <a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a> and <a href=\"https://laohu8.com/S/LI\">Li Auto Inc.</a> have surged at least 64% each over the past month to be among the top gainers in Chinese stocks traded in the US. The sharp rally reflects improving sentiment following a monthslong slump due to worries over high valuation and supply bottlenecks.</p><p>Their gains easily beat Tesla’s 17% advance, with investor jitters over how Elon Musk will fund a potential <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc. deal weighing on the EV giant’s share price.</p><p>China’s EV industry hit a trough during Shanghai’s lockdown -- when not even one car was sold in the city in April and factories were forced to shut down or operate under heavy restrictions. Authorities have since unveiled a slew of stimulus measures to revive the sector, including subsidies, higher quota for car ownership in Shanghai and Guangdong, and a possible extension of purchase tax exemption for new energy vehicles.</p><p>“There are fund flows buying the dip and capturing the sector’s bounce,” said Andy Wong, fund manager at LW Asset Management Advisors Ltd. in Hong Kong. However, short-term upside potential has narrowed following the recent surge, he noted.</p><p>Meanwhile, Tesla’s shares have seen huge swings and are down about 36% from this quarter’s high in April, even though the firm has staged a remarkable comeback in terms of its production in China. The US automaker’s looming job cuts, uncertainty over Musk’s Twitter deal, and his latest comments about new factories in Germany and Texas losing money are keeping the stock in check.</p><h3>Priced In</h3><p>Year to date, the Nasdaq Golden Dragon China Index has fared better than the broader Nasdaq gauge by almost 18 percentage points</p><p>Yet after such heady gains in China’s EV stocks, investors are in search for further catalysts that can sustain the momentum. Li Auto’s 14-day relative strength index is at 84, well past the 70 level that signals to some investors that the stock is overbought. Readings for XPeng and Nio are also around 70.</p><p>Improving delivery figures offer some comfort as China’s economy gradually heals from the damage inflicted by Covid-19 lockdowns. Li Auto, the largest by market cap among the Chinese trio, delivered 11,496 units in May, up 176% from April and more than double last year’s level.</p><p>“Looking forward, we think catalysts would need to come from earnings and the economy improving” as most of good news for the Chinese auto sector has been priced in, Eason Cui, an analyst with Sunwah Kingsway Capital Holdings Ltd., wrote in a note earlier this month.</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>China Electric-Vehicle Stocks Are All the Rage, Trouncing Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Electric-Vehicle Stocks Are All the Rage, Trouncing Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-25 12:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/china-electric-vehicle-stocks-rage-010001191.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Shares of China’s electric-vehicle makers are trouncing global industry leader Tesla Inc., bolstered by Beijing’s consumption incentives and heavy dip-buying from investors.American ...</p>\n\n<a href=\"https://finance.yahoo.com/news/china-electric-vehicle-stocks-rage-010001191.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4574":"无人驾驶","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","LI":"理想汽车","XPEV":"小鹏汽车","BK4581":"高盛持仓","NIO":"蔚来","TSLA":"特斯拉","BK4550":"红杉资本持仓","BK4551":"寇图资本持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓"},"source_url":"https://finance.yahoo.com/news/china-electric-vehicle-stocks-rage-010001191.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2246204202","content_text":"(Bloomberg) -- Shares of China’s electric-vehicle makers are trouncing global industry leader Tesla Inc., bolstered by Beijing’s consumption incentives and heavy dip-buying from investors.American depository receipts of Nio Inc., XPeng Inc. and Li Auto Inc. have surged at least 64% each over the past month to be among the top gainers in Chinese stocks traded in the US. The sharp rally reflects improving sentiment following a monthslong slump due to worries over high valuation and supply bottlenecks.Their gains easily beat Tesla’s 17% advance, with investor jitters over how Elon Musk will fund a potential Twitter Inc. deal weighing on the EV giant’s share price.China’s EV industry hit a trough during Shanghai’s lockdown -- when not even one car was sold in the city in April and factories were forced to shut down or operate under heavy restrictions. Authorities have since unveiled a slew of stimulus measures to revive the sector, including subsidies, higher quota for car ownership in Shanghai and Guangdong, and a possible extension of purchase tax exemption for new energy vehicles.“There are fund flows buying the dip and capturing the sector’s bounce,” said Andy Wong, fund manager at LW Asset Management Advisors Ltd. in Hong Kong. However, short-term upside potential has narrowed following the recent surge, he noted.Meanwhile, Tesla’s shares have seen huge swings and are down about 36% from this quarter’s high in April, even though the firm has staged a remarkable comeback in terms of its production in China. The US automaker’s looming job cuts, uncertainty over Musk’s Twitter deal, and his latest comments about new factories in Germany and Texas losing money are keeping the stock in check.Priced InYear to date, the Nasdaq Golden Dragon China Index has fared better than the broader Nasdaq gauge by almost 18 percentage pointsYet after such heady gains in China’s EV stocks, investors are in search for further catalysts that can sustain the momentum. Li Auto’s 14-day relative strength index is at 84, well past the 70 level that signals to some investors that the stock is overbought. Readings for XPeng and Nio are also around 70.Improving delivery figures offer some comfort as China’s economy gradually heals from the damage inflicted by Covid-19 lockdowns. Li Auto, the largest by market cap among the Chinese trio, delivered 11,496 units in May, up 176% from April and more than double last year’s level.“Looking forward, we think catalysts would need to come from earnings and the economy improving” as most of good news for the Chinese auto sector has been priced in, Eason Cui, an analyst with Sunwah Kingsway Capital Holdings Ltd., wrote in a note earlier this month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041809045,"gmtCreate":1656030353487,"gmtModify":1676535753754,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041809045","repostId":"1160986874","repostType":4,"repost":{"id":"1160986874","kind":"news","pubTimestamp":1656029689,"share":"https://ttm.financial/m/news/1160986874?lang=&edition=fundamental","pubTime":"2022-06-24 08:14","market":"us","language":"en","title":"Tesla’s Gigantic Money Furnace Factories Won’t Slow Down TSLA Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1160986874","media":"InvestorPlace","summary":"Elon Musk has issued another grim statement aboutTesla(TSLA).The CEO referred to two of his factories as money furnaces.Tesla may be burning money but that doesn't mean TSLA stock can't rise.Tesla(NAS","content":"<html><head></head><body><ul><li>Elon Musk has issued another grim statement about <b>Tesla</b>(<b><u>TSLA</u></b>).</li><li>The CEO referred to two of his factories as money furnaces.</li><li>Tesla may be burning money but that doesn&#39;t mean TSLA stock can&#39;t rise.</li></ul><p><b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) is struggling again after two good days. Elon Musk recently spoke out about the state of the electric vehicle (EV) sector and what it means for his company. In short, it’s not good. According to Musk, Tesla’s factories are burning through so much money that they are comparable to large furnaces. This news has TSLA stock falling but there is still reason to believe the company can turn around and start rising again.</p><p><b>What’s Happening With TSLA Stock</b></p><p>TSLA stock began the day by falling into the red. While it initially sank more than 3%, it has since rebounded slightly. While it is still down around 1% for the day, its current trajectory hints that TSLA stock may pull back into the green by this afternoon.</p><p>Tesla displayed considerable volatility last week but began this week on a better note. Let’s take a closer look at Musk’s recent statements and what they mean for TSLA stock’s future.</p><p><b>‘Gigantic Money Furnaces’</b></p><p>Musk’s actually made his furnace comment almost a month ago. On May 30, he gave an interview with Tesla Owners Silicon Valley which was published yesterday. In it, he admitted that the Berlin and Austin gigafactories are “losing insane money” during the current quarter. “Both Berlin and Austin factories are gigantic money furnaces right now. OK?” he stated. “It should be like a giant roaring sound which is the sound of money on fire.” Musk further elaborated on the reasons behind this negative turn:</p><blockquote>Berlin and Austin are losing billions of dollars right now because there’s a ton of expense and hardly any output. Getting Berlin and Austin functional and getting Shanghai back in the saddle fully are overwhelmingly our concerns. Everything else is a very small thing basically.</blockquote><p>He also admitted that it has been extremely difficult to keep factories open throughout recent years as supply chain constraints have weighed increasingly heavily on EV producers. “The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet” he noted.</p><p>That statement certainly sounds grim. But Musk is no stranger to hyperbole. Earlier this month, TSLA stock fell after he admitted to feeling “super bad” about the economy and that Tesla would be laying off 10% of its salaried workforce. But it is important to remember that this is a difficult time for all high-growth tech stocks. Bearish energy is working against TSLA stock and many of its peers. But as they always do, industry tides can shift.</p><p><b>The Bottom Line</b></p><p>Musk’s “money furnace” analogy may conjure up negative images but it isn’t surprising. Tesla has struggled in recent months and it is expected to report negative earnings for the second quarter of 2022. Between rising inflation and further rate hike fears, investors have been worried about Tesla for weeks. But that doesn’t mean TSLA stock can’t rebound in the months ahead.</p><p>Investors should keep in mind that the Tesla stock split is approaching. This will generate considerable momentum as new investors rush to buy in. And as one analyst recently noted, its current low share price makes for a tempting opportunity. Despite these money losses, TSLA stock has plenty of room to grow in the coming quarter and investors should be watching.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla’s Gigantic Money Furnace Factories Won’t Slow Down TSLA Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla’s Gigantic Money Furnace Factories Won’t Slow Down TSLA Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-24 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/teslas-gigantic-money-furnace-factories-wont-slow-down-tsla-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk has issued another grim statement about Tesla(TSLA).The CEO referred to two of his factories as money furnaces.Tesla may be burning money but that doesn't mean TSLA stock can't rise.Tesla(...</p>\n\n<a href=\"https://investorplace.com/2022/06/teslas-gigantic-money-furnace-factories-wont-slow-down-tsla-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://investorplace.com/2022/06/teslas-gigantic-money-furnace-factories-wont-slow-down-tsla-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160986874","content_text":"Elon Musk has issued another grim statement about Tesla(TSLA).The CEO referred to two of his factories as money furnaces.Tesla may be burning money but that doesn't mean TSLA stock can't rise.Tesla(NASDAQ:TSLA) is struggling again after two good days. Elon Musk recently spoke out about the state of the electric vehicle (EV) sector and what it means for his company. In short, it’s not good. According to Musk, Tesla’s factories are burning through so much money that they are comparable to large furnaces. This news has TSLA stock falling but there is still reason to believe the company can turn around and start rising again.What’s Happening With TSLA StockTSLA stock began the day by falling into the red. While it initially sank more than 3%, it has since rebounded slightly. While it is still down around 1% for the day, its current trajectory hints that TSLA stock may pull back into the green by this afternoon.Tesla displayed considerable volatility last week but began this week on a better note. Let’s take a closer look at Musk’s recent statements and what they mean for TSLA stock’s future.‘Gigantic Money Furnaces’Musk’s actually made his furnace comment almost a month ago. On May 30, he gave an interview with Tesla Owners Silicon Valley which was published yesterday. In it, he admitted that the Berlin and Austin gigafactories are “losing insane money” during the current quarter. “Both Berlin and Austin factories are gigantic money furnaces right now. OK?” he stated. “It should be like a giant roaring sound which is the sound of money on fire.” Musk further elaborated on the reasons behind this negative turn:Berlin and Austin are losing billions of dollars right now because there’s a ton of expense and hardly any output. Getting Berlin and Austin functional and getting Shanghai back in the saddle fully are overwhelmingly our concerns. Everything else is a very small thing basically.He also admitted that it has been extremely difficult to keep factories open throughout recent years as supply chain constraints have weighed increasingly heavily on EV producers. “The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet” he noted.That statement certainly sounds grim. But Musk is no stranger to hyperbole. Earlier this month, TSLA stock fell after he admitted to feeling “super bad” about the economy and that Tesla would be laying off 10% of its salaried workforce. But it is important to remember that this is a difficult time for all high-growth tech stocks. Bearish energy is working against TSLA stock and many of its peers. But as they always do, industry tides can shift.The Bottom LineMusk’s “money furnace” analogy may conjure up negative images but it isn’t surprising. Tesla has struggled in recent months and it is expected to report negative earnings for the second quarter of 2022. Between rising inflation and further rate hike fears, investors have been worried about Tesla for weeks. But that doesn’t mean TSLA stock can’t rebound in the months ahead.Investors should keep in mind that the Tesla stock split is approaching. This will generate considerable momentum as new investors rush to buy in. And as one analyst recently noted, its current low share price makes for a tempting opportunity. Despite these money losses, TSLA stock has plenty of room to grow in the coming quarter and investors should be watching.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9995368076,"gmtCreate":1661411759997,"gmtModify":1676536514093,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995368076","repostId":"1175427057","repostType":4,"isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963738235,"gmtCreate":1668753085827,"gmtModify":1676538108273,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9963738235","repostId":"1103280772","repostType":4,"repost":{"id":"1103280772","kind":"news","pubTimestamp":1668736676,"share":"https://ttm.financial/m/news/1103280772?lang=&edition=fundamental","pubTime":"2022-11-18 09:57","market":"us","language":"en","title":"Bullard Sets Tone for Fed Officials Signaling Hikes Will Roll On","url":"https://stock-news.laohu8.com/highlight/detail?id=1103280772","media":"Bloomberg","summary":"Borrowing costs should be high enough to curb inflationTightening has had limited effect on prices s","content":"<html><head></head><body><ul><li>Borrowing costs should be high enough to curb inflation</li><li>Tightening has had limited effect on prices so far, he says</li></ul><p>St. Louis Fed President James Bullard said policymakers should raise interest rates to at least 5% to 5.25%, hitting financial markets as investors recalibrated bets on how high officials would go.</p><p>“In the past I have said 4.75% to 5%,” he told reporters Thursday after giving a speech in Louisville, Kentucky. “Based on this analysis today, I would say 5% to 5.25%. That’s a minimum level. According to this analysis, that would at least get us in the zone.”</p><p>Chair Jerome Powell said earlier this month that rates will need to rise more than previously expected due to disappointing inflation data, while suggesting that officials could moderate the size of their increases going forward. A key reading on consumer prices since then was better than expected but policymakers continue to stress the need to keep raising rates.</p><p>Officials in September had projected rates rising to around 4.6% next year from a current target range of 3.75% to 4%. Those projections will be updated at the Fed’s Dec. 13-14 meeting.</p><p>US 10-year Treasury yields climbed after Bullard became the latest official to say that interest rates had further to rise to curb the strongest inflation in 40 years.</p><p>San Francisco Fed President Mary Daly said on Wednesday that “somewhere between 4.75 and 5.25 seems a reasonable place to think about” for the level that officials should raise rates to then go on hold.</p><p>Bullard’s hawkish tone was echoed later on Thursday by Minneapolis Fed President Neel Kashkari, whosaidit’s an “open question” how far the central bank has to go with rates to bring demand back into balance.</p><p>“I need to be convinced that inflation has at least stopped climbing, that we’re not falling further behind the curve before I would advocate stopping a progression of future rate hikes, so we’re not there yet,” he told the Minnesota Chamber of Commerce’s 2022 Economic Summit.</p><p>“The Fed is still maintaining a outward appearance of hawkishness pending another month of inflation data,” said Guy LeBas, chief fixed-income strategist for Janney Montgomery Scott LLC in Philadelphia. “One month of lower inflation doesn’t mean the war is over.”</p><p>Data last week showed consumer inflation rising by a less-than-expected 7.7% in the 12 months through October. November’s reading will be released on Dec. 13, before officials begin their two days of policy deliberations.</p><p>During his presentation, Bullard showed charts that indicated rates will need to be between about 5% to 7% to meet policymakers’ goal of being “sufficiently restrictive” to curb inflation near a four-decade high.</p><p>The calculation used different versions of a Taylor Rule, a popular monetary policy guideline developed by Stanford University’s John Taylor.</p><h3>‘Minimal’ Level</h3><p>“It’s easy to make arguments that before this is all over you’d have to go to much higher levels of the policy rate” than 5.25%, said Bullard, who votes on policy this year. “But for now I’d be happy to get to the minimal level and that’s why I think the committee is going to have to do more.”</p><p>The St. Louis Fed leader, who has been among the more hawkish policymakers this year, was the latest central banker to call for additional action.</p><p>The Fed raised rates by 75 basis points on Nov. 2 for the fourth straight time as part of its most aggressive tightening since the 1980s to curb an inflation that started in the wake of the Covid-19 pandemic disruptions.</p><p>Bullard didn’t say whether he would favor a 50 or 75 basis-point move at the Fed’s December meeting, telling reporters that he would look to Powell to set the direction.</p><p>A number of his colleagues have called for a downshift in the size of the next rate increase following last week’s consumer price report, which showed a softening in core consumer goods inflation in October.</p><p>Investors expect the Fed will raise rates by a half percentage point next month and see rates peaking around 5% next year.</p><p>The St. Louis Fed president said he expected officials to keep rates high for an extended period to avoid the kind of monetary policy mistakes of the 1970s that resulted in persistently high inflation.</p><p>“We certainly don’t want to replay that episode,” he told reporters. “So we’re going to have to see very tangible evidence that inflation’s coming down meaningfully toward target, and I think we’re going to want to err on the side of staying higher for longer in order to get that to happen.”</p><p>Bullard said while he expected inflation to come down next year, there’s been relatively little evidence of that so far.</p><p>“Thus far, the change in the monetary-policy stance appears to have had only limited effects on observed inflation, but market pricing suggests disinflation is expected in 2023,” Bullard said in his prepared remarks, adding rate hikes so far have caused little financial stress.</p></body></html>","source":"lsy1584095487587","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>Bullard Sets Tone for Fed Officials Signaling Hikes Will Roll On</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBullard Sets Tone for Fed Officials Signaling Hikes Will Roll On\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-18 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-17/fed-s-bullard-says-more-hikes-needed-to-get-to-restrictive-level><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Borrowing costs should be high enough to curb inflationTightening has had limited effect on prices so far, he saysSt. Louis Fed President James Bullard said policymakers should raise interest rates to...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-17/fed-s-bullard-says-more-hikes-needed-to-get-to-restrictive-level\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-17/fed-s-bullard-says-more-hikes-needed-to-get-to-restrictive-level","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103280772","content_text":"Borrowing costs should be high enough to curb inflationTightening has had limited effect on prices so far, he saysSt. Louis Fed President James Bullard said policymakers should raise interest rates to at least 5% to 5.25%, hitting financial markets as investors recalibrated bets on how high officials would go.“In the past I have said 4.75% to 5%,” he told reporters Thursday after giving a speech in Louisville, Kentucky. “Based on this analysis today, I would say 5% to 5.25%. That’s a minimum level. According to this analysis, that would at least get us in the zone.”Chair Jerome Powell said earlier this month that rates will need to rise more than previously expected due to disappointing inflation data, while suggesting that officials could moderate the size of their increases going forward. A key reading on consumer prices since then was better than expected but policymakers continue to stress the need to keep raising rates.Officials in September had projected rates rising to around 4.6% next year from a current target range of 3.75% to 4%. Those projections will be updated at the Fed’s Dec. 13-14 meeting.US 10-year Treasury yields climbed after Bullard became the latest official to say that interest rates had further to rise to curb the strongest inflation in 40 years.San Francisco Fed President Mary Daly said on Wednesday that “somewhere between 4.75 and 5.25 seems a reasonable place to think about” for the level that officials should raise rates to then go on hold.Bullard’s hawkish tone was echoed later on Thursday by Minneapolis Fed President Neel Kashkari, whosaidit’s an “open question” how far the central bank has to go with rates to bring demand back into balance.“I need to be convinced that inflation has at least stopped climbing, that we’re not falling further behind the curve before I would advocate stopping a progression of future rate hikes, so we’re not there yet,” he told the Minnesota Chamber of Commerce’s 2022 Economic Summit.“The Fed is still maintaining a outward appearance of hawkishness pending another month of inflation data,” said Guy LeBas, chief fixed-income strategist for Janney Montgomery Scott LLC in Philadelphia. “One month of lower inflation doesn’t mean the war is over.”Data last week showed consumer inflation rising by a less-than-expected 7.7% in the 12 months through October. November’s reading will be released on Dec. 13, before officials begin their two days of policy deliberations.During his presentation, Bullard showed charts that indicated rates will need to be between about 5% to 7% to meet policymakers’ goal of being “sufficiently restrictive” to curb inflation near a four-decade high.The calculation used different versions of a Taylor Rule, a popular monetary policy guideline developed by Stanford University’s John Taylor.‘Minimal’ Level“It’s easy to make arguments that before this is all over you’d have to go to much higher levels of the policy rate” than 5.25%, said Bullard, who votes on policy this year. “But for now I’d be happy to get to the minimal level and that’s why I think the committee is going to have to do more.”The St. Louis Fed leader, who has been among the more hawkish policymakers this year, was the latest central banker to call for additional action.The Fed raised rates by 75 basis points on Nov. 2 for the fourth straight time as part of its most aggressive tightening since the 1980s to curb an inflation that started in the wake of the Covid-19 pandemic disruptions.Bullard didn’t say whether he would favor a 50 or 75 basis-point move at the Fed’s December meeting, telling reporters that he would look to Powell to set the direction.A number of his colleagues have called for a downshift in the size of the next rate increase following last week’s consumer price report, which showed a softening in core consumer goods inflation in October.Investors expect the Fed will raise rates by a half percentage point next month and see rates peaking around 5% next year.The St. Louis Fed president said he expected officials to keep rates high for an extended period to avoid the kind of monetary policy mistakes of the 1970s that resulted in persistently high inflation.“We certainly don’t want to replay that episode,” he told reporters. “So we’re going to have to see very tangible evidence that inflation’s coming down meaningfully toward target, and I think we’re going to want to err on the side of staying higher for longer in order to get that to happen.”Bullard said while he expected inflation to come down next year, there’s been relatively little evidence of that so far.“Thus far, the change in the monetary-policy stance appears to have had only limited effects on observed inflation, but market pricing suggests disinflation is expected in 2023,” Bullard said in his prepared remarks, adding rate hikes so far have caused little financial stress.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041809045,"gmtCreate":1656030353487,"gmtModify":1676535753754,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041809045","repostId":"1160986874","repostType":4,"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906536180,"gmtCreate":1659569841041,"gmtModify":1705981635823,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906536180","repostId":"2256990409","repostType":4,"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992377115,"gmtCreate":1661269989539,"gmtModify":1676536486702,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992377115","repostId":"2261819523","repostType":4,"repost":{"id":"2261819523","kind":"highlight","pubTimestamp":1661263959,"share":"https://ttm.financial/m/news/2261819523?lang=&edition=fundamental","pubTime":"2022-08-23 22:12","market":"us","language":"en","title":"3 Things You Should Know About the Tesla Stock Split","url":"https://stock-news.laohu8.com/highlight/detail?id=2261819523","media":"Motley Fool","summary":"Tesla's stock split will take place after close of trading on Aug. 24. How will that impact your portfolio and taxes?","content":"<html><head></head><body><p><b>Tesla</b>&#39;s 3-for-1 stock split proposal won shareholder approval at the 2022 annual shareholders&#39; meeting this month. Now, the electric vehicle maker is gearing up for its second stock split after close of trading on Aug. 24. Shareholders of record on Aug. 17 will receive a stock dividend of two extra shares for every one share they currently own.</p><p>If you&#39;ve been wondering how stock splits work and what will happen to your Tesla shares, here are three quick items to jot down.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/442bd00ec553e9dc5ae35b44257799f8\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>1. You&#39;ll have more Tesla shares after the stock split</h2><p>A stock split increases the number of shares outstanding, giving investors more shares in their account for every one share they previously owned.</p><p>After a stock split, the value of each share will be reduced to a lower price. This makes it easy for more retail investors to get their hands on a whole share of stock, because the stock price appears more affordable. If you&#39;re already an investor, your shares will be split into bite-sized pieces, but the total value of your shares will not increase.</p><p>Let&#39;s say you have one share of Tesla&#39;s stock. On the day of the 3-for-1 stock split, the company will grant you two additional shares. Each share in your portfolio would be valued at one-third the price of the original share. If one Tesla share is trading at $900 before the stock split, you&#39;ll have three Tesla shares valued at $300 each after the stock split. As you can see, the total value of your shares is still $900.</p><p>Here&#39;s how many shares you will have after the stock split based on the number of shares you have on record as of Aug. 17. All you have to do is look at the number of shares you have now, and multiply the total by three. That&#39;s how many shares you&#39;ll have after a stock split.</p><ul><li>1 share of Tesla stock = 3 shares</li><li>2 shares of Tesla stock = 6 shares</li><li>3 shares of Tesla stock = 9 shares</li><li>4 shares of Tesla stock = 12 shares</li><li>5 shares of Tesla stock = 15 shares</li></ul><h2>2. You won&#39;t have to report the stock split itself on your tax return</h2><p>A stock split doesn&#39;t increase a company&#39;s market capitalization or increase the value of your shares. You may have more shares in your account, but the original value of your shares remains the same. Therefore, a stock split in itself is not considered a taxable event. There are no IRS reporting requirements you need to adhere to during tax time.</p><h2>3. You may have to pay taxes if you sell your extra Tesla shares</h2><p>Although a stock split in itself is not taxable, selling stock for a profit after a stock split can lead to taxes. This is the case if you sell stock in a taxable brokerage account. Earning money in the stock market leads to capital gains taxes. You will be taxed at the short-term or long-term capital gains tax rate, depending on how long you had your Tesla stock before selling it. Your brokerage firm will send you the details of your transaction, so you can properly report the sale to the IRS during tax time.</p><p>Stock splits can be exciting and pain-free in the eyes of the investor. You wake up to more shares in your account after a stock split, and you don&#39;t have to worry about any tax obligations. But as soon as you decide to sell, you&#39;ll need to report your moves to the IRS. Before you make a move after a stock split, pay attention to the impact it will have on your portfolio and taxes, so you won&#39;t be surprised later.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Things You Should Know About the Tesla Stock Split</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 Things You Should Know About the Tesla Stock Split\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-23 22:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/22/3-things-you-should-know-about-the-tesla-stock-spl/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla's 3-for-1 stock split proposal won shareholder approval at the 2022 annual shareholders' meeting this month. Now, the electric vehicle maker is gearing up for its second stock split after close ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/22/3-things-you-should-know-about-the-tesla-stock-spl/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2022/08/22/3-things-you-should-know-about-the-tesla-stock-spl/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261819523","content_text":"Tesla's 3-for-1 stock split proposal won shareholder approval at the 2022 annual shareholders' meeting this month. Now, the electric vehicle maker is gearing up for its second stock split after close of trading on Aug. 24. Shareholders of record on Aug. 17 will receive a stock dividend of two extra shares for every one share they currently own.If you've been wondering how stock splits work and what will happen to your Tesla shares, here are three quick items to jot down.Image source: Getty Images.1. You'll have more Tesla shares after the stock splitA stock split increases the number of shares outstanding, giving investors more shares in their account for every one share they previously owned.After a stock split, the value of each share will be reduced to a lower price. This makes it easy for more retail investors to get their hands on a whole share of stock, because the stock price appears more affordable. If you're already an investor, your shares will be split into bite-sized pieces, but the total value of your shares will not increase.Let's say you have one share of Tesla's stock. On the day of the 3-for-1 stock split, the company will grant you two additional shares. Each share in your portfolio would be valued at one-third the price of the original share. If one Tesla share is trading at $900 before the stock split, you'll have three Tesla shares valued at $300 each after the stock split. As you can see, the total value of your shares is still $900.Here's how many shares you will have after the stock split based on the number of shares you have on record as of Aug. 17. All you have to do is look at the number of shares you have now, and multiply the total by three. That's how many shares you'll have after a stock split.1 share of Tesla stock = 3 shares2 shares of Tesla stock = 6 shares3 shares of Tesla stock = 9 shares4 shares of Tesla stock = 12 shares5 shares of Tesla stock = 15 shares2. You won't have to report the stock split itself on your tax returnA stock split doesn't increase a company's market capitalization or increase the value of your shares. You may have more shares in your account, but the original value of your shares remains the same. Therefore, a stock split in itself is not considered a taxable event. There are no IRS reporting requirements you need to adhere to during tax time.3. You may have to pay taxes if you sell your extra Tesla sharesAlthough a stock split in itself is not taxable, selling stock for a profit after a stock split can lead to taxes. This is the case if you sell stock in a taxable brokerage account. Earning money in the stock market leads to capital gains taxes. You will be taxed at the short-term or long-term capital gains tax rate, depending on how long you had your Tesla stock before selling it. Your brokerage firm will send you the details of your transaction, so you can properly report the sale to the IRS during tax time.Stock splits can be exciting and pain-free in the eyes of the investor. You wake up to more shares in your account after a stock split, and you don't have to worry about any tax obligations. But as soon as you decide to sell, you'll need to report your moves to the IRS. Before you make a move after a stock split, pay attention to the impact it will have on your portfolio and taxes, so you won't be surprised later.","news_type":1},"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9907173190,"gmtCreate":1660173485812,"gmtModify":1703478596701,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907173190","repostId":"2258825225","repostType":4,"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998007584,"gmtCreate":1660890167250,"gmtModify":1676536419606,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998007584","repostId":"2260326073","repostType":4,"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901982684,"gmtCreate":1659115110648,"gmtModify":1676536259719,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>lets go","listText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$</a>lets go","text":"$Berkshire Hathaway(BRK.B)$lets go","images":[{"img":"https://community-static.tradeup.com/news/9a525b1e0502a27baead5601ea12ece0","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901982684","isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9048328299,"gmtCreate":1656144218611,"gmtModify":1676535776279,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048328299","repostId":"2246204202","repostType":4,"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076218251,"gmtCreate":1657850583573,"gmtModify":1676536072500,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076218251","repostId":"1161904983","repostType":4,"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9029918125,"gmtCreate":1652713417567,"gmtModify":1676535147001,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029918125","repostId":"1150378774","repostType":4,"repost":{"id":"1150378774","kind":"news","pubTimestamp":1652801386,"share":"https://ttm.financial/m/news/1150378774?lang=&edition=fundamental","pubTime":"2022-05-17 23:29","market":"us","language":"en","title":"5 Cathie Wood Stocks to Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1150378774","media":"InvestorPlace","summary":"Despite recent declines in share prices, these Cathie Wood stocks are strong plays on innovation, a ","content":"<html><head></head><body><ul><li>Despite recent declines in share prices, these Cathie Wood stocks are strong plays on innovation, a key driver of the global economy.</li><li><b>Block</b>(<b><u>SQ</u></b>) — The launch of Square Loans in Canada as well as the new generation of the Square Stand could provide a significant path to revenue growth.</li><li><b>CRISPR Therapeutics</b>(<b><u>CRSP</u></b>) — Substantial global investment in genetic engineering is likely to pave the way for tremendous growth.</li><li><b>Shopify</b>(<b><u>SHOP</u></b>) — The recent acquisition of <b>Deliverr</b> is likely to improve logistics operations and increase efficiency.</li><li><b>ARK Autonomous Technology &amp; Robotics ETF</b>(<b><u>ARKQ</u></b>) — The exchange-traded fund, which has lost over a third of its value in 2022, offers better opportunities now.</li><li><b>ARK Space Exploration &amp; Innovation ETF</b>(<b><u>ARKX</u></b>) — The fund invests in firms that are at the forefront of aerospace and space-related technologies.</li></ul><p>Cathie Wood stocks, our topic for today, have come under fire in 2022. Yet, during the pandemic, ARK Invest funds, led by Wood’s team, had generated tremendous buzz on Wall Street. The firm’s exchange-traded funds (ETFs), which seek long-term capital growth, focus mainly on disruptive innovation.</p><p>However, 2022 has proved a tough year for such high-growth shares. Concerns over the possibility of a recession in the near future have made investors wary of high-risk technology stocks, including those held by ARK funds.</p><p>Just last week, Wood told subscribers to her stock commentary that “volatility could persist until demand destruction and excess inventories make it clear that inflation is not entrenched in the economy.”</p><p>Additionally, a slate of disappointing earnings results have been a major factor in the recent drop. For instance, since the beginning of the year, the<b> ARK Innovation ETF</b>(NYSEARCA:<b><u>ARKK</u></b>) has fallen over 60%.</p><p>Yet, innovation remains the primary driving force in the global economy.<b>McKinsey &amp; Co.</b> suggests, “Innovation is critical to growth, particularly as the speed of business cycles continues to increase.”</p><p>Despite recent losses, robust companies in Wood’s portfolio could potentially bounce back in the coming months. With that in mind, here are three of the best of Cathie Wood stocks to buy in May.</p><p>Block (SQ)</p><p>Our first Cathie Wood stock pick is the financial technology (fintech) name <b>Block</b>(NYSE:<b><u>SQ</u></b>). Formerly known as Square, Block’s products include the Square payment system, Cash App, Afterpay, Weebly and TIDAL.</p><p>In early May, Block published first-quarter results. Total net revenue was $3.96 billion, down from $5.06 billion the year before. This decline of 22% year-over-year (YOY) was mainly due to the inclusion its <b>Bitcoin</b>(<b><u>BTC-USD</u></b>) activity. Excluding bitcoin revenue, revenue increased 44% YOY to $2.23 billion. The net loss per diluted share came in at 38 cents, compared to a net income of 8 cents per diluted share a year ago.</p><p>Recently, the company announced the launch of Square Loans in Canada. This service has distributed around $9 billion in loans to small businesses in the U.S. and Australia, where it has been active since 2014. Moreover, the company announced the introduction of a new generation of the Square Stand, the point-of-sale system that increases efficiency and transparency.</p><p>While more than 11% of <b>ARK Fintech Innovation ETF</b> (NYSEARCA:<b><u>ARKF</u></b>) is allocated to SQ stock, theARK Innovation ETF, ARKK, leads the pack as the Wood-led fund with the most Square shares.</p><p>SQ stock is down over 55% year-to-date. Yet despite the decline, shares are trading at 101 times forward earnings and 2.7 times trailing sales. Meanwhile. the 12-month median for Square stock forecast is at$150.00.</p><p>CRISPR Therapeutics<b>(CRSP)</b></p><p>Next up on our list of Cathie Wood stocks is the biotech name <b>CRISPR Therapeutics</b>(NASDAQ:CRSP). Analysts concur that it has revolutionized the field of genetic engineering by providing a fast, precise, and relatively inexpensive method for gene manipulation.</p><p>In mid-February, the company releasedQ4 FY21results. Revenue increased to $12.9 million, up from $370,000 in the prior-year period. Loss per diluted share came in at $1.84, compared to net income per share of $1.50 in the prior-year quarter. Cash and equivalents ended 2021 at$2.38 billion.</p><p>Recently, the company has announced significant progress in clinical trials for the treatments for Type I diabetes, cancer, and ALS. These trials represent partnerships with notable biotechnology companies and pave the way for eventual distribution to the market.</p><p>Among ARK ETFs, theARK Innovation ETF stands out as the one with the most CRSP shares.</p><p>So far in the year, the stock is down over 42%. Meanwhile, shares are trading at 23.6x forward earnings and 4.5x trailing sales. At present, the 12-month median forecast for CRSP stock is$143.00.</p><p><b>Shopify (SHOP)</b></p><p>The final single stock on our list is <b>Shopify</b> (NYSE:<b><u>SHOP</u></b>), the multinational all-in-one e-commerce solution provider. This Canada-based tech giant offers a variety of tools for independent business owners. Services include logo design, online payment services, web design, logistics, and domain name registration.</p><p>In early May, Shopify reported its Q1 FY22results. Revenue came in at $1.20 billion, up 22% YOY. Diluted earnings per share (EPS) was 20 cents. In the year before, it had been $2.01. Cash and equivalents ended the quarter at $7.25 billion.</p><p>The e-commerce giant recently announced it had reached an agreement to acquire <b>Deliverr</b>, an e-commerce fulfillment, and logistics company. This transaction is expected to strengthen Shopify’s delivery systems, improve infrastructure, as well as shorten delivery times.</p><p>Readers would be interested to know that theARK Innovation ETF also stands out as the ARK fund with the highest amount of shares.</p><p>SHOP stock is down 73% YTD. Forward price-to-earnings and price-to-sales ratios stand at 175x and 11.4x, respectively. Finally, the 12-month median forecast for SHOP stock is currently at$527.50.</p><p><b>ARK Autonomous Technology &amp; Robotics ETF (ARKQ)</b></p><p>Our next two choices are two exchange-traded funds managed by Cathie Wood. First up is the <b>ARK Autonomous Technology &amp; Robotics ETF</b>(NYSEARCA:<b><u>ARKQ</u></b>). It invests in global companies that benefit from disruptive technologies, such as artificial intelligence (AI), automation, and robotics.</p><p>This actively managed fund has amassed net assets of$1.6 billion since its inception in September 2014. Its annual expense ratio stands at 0.75% per year.</p><p>ARKQtypically has 30 – 50 holdings. At the time of writing, it holds 39 stocks, of which the top 10 names account for almost 60% of the portfolio.</p><p>Among those are <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>); technology solutions provider <b>Trimble</b>(NASDAQ:<b><u>TRMB</u></b>);<b>Kratos Defense and Security Solutions</b>(NASDAQ:<b><u>KTOS</u></b>); Japanese construction equipment manufacturer <b>Komatsu</b>(OTCMKTS:<b><u>KMTUY</u></b>); and <b>UiPath</b>(NYSE:<b><u>PATH</u></b>), provider of end-to-end platform for automation.</p><p>Autonomous vehicles have the biggest share (40.4%) of the fund’s technological exposure. Next are 3D Printing (17.2%) and robotics (16.4%).</p><p>With regards to the sector allocations, the fund is heavily weighted toward industrials (42.6%), followed by information technology (28.9%) and consumer discretionary (19.4%).</p><p>ARKQ stock has been in a downtrend since seeing record highs in November 2021. The ETF hit a 52-week low on May 9. It has also underperformed the broader market with a loss of about 37% since January and 39% over the past 52 weeks.</p><p>However, despite the potential setbacks by inflationary headwinds, the growth prospects of the robotics and autonomy industry appear strong. Thus, investors might want to keep ARKQ stock on the radar to buy the dips.</p><p><b>ARK Space Exploration &amp; Innovation ETF (ARKX)</b></p><p>Our final discussion centers around the <b>ARK Space Exploration &amp; Innovation ETF</b>(NYSEARCA:<b><u>ARKX</u></b>), which focuses on the space-related industry. It invests in global firms at the forefront or space-related activities or technologies.</p><p>The fund, which was launched in March 2021, typically holds 35 – 55 stocks.It currently has a portfolio of 35 holdings and total net assets of around $421 million. Its expense ratio is also 0.75%.</p><p>Industrials lead the way with 57.2%. Next are IT (22.7%) and communication services (7.4%). The actively managed ETF currently invests heavily in aerospace beneficiary companies (43.3%) that are engaged in agri-science, internet access, global positioning systems (GPS), construction, drones, or electric aviation vehicles.</p><p>The fund has around 60% of its investments in the top 10 stocks.The largest holding,<b>Trimble</b> comprises almost 10% of the portfolio. Next come Kratos Defense and Security Solutions; the<b>3D Printing ETF</b>(NYSEARCA:<b><u>PRNT</u></b>); <b>L3harris Technologies</b>(NYSE:<b><u>LHX</u></b>); and <b>AeroVironment</b>(NASDAQ:<b><u>AVAV</u></b>).</p><p>ARKX stock is down around 28% YTD and 33% over the past 12 months. It hit a 52-week low in recent days.</p><p>Nonetheless, the global space industry prospects look bright as new players and emerging technologies are opening it as the new frontier. Thus, risk-tolerant investors with a horizon of three-to-five years could consider investing in ARKX using a small portion of their investment portfolios.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Cathie Wood Stocks to Buy Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Cathie Wood Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-17 23:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/5-cathie-wood-stocks-to-buy-now-sq-crsp-shop-arkq-arkx/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite recent declines in share prices, these Cathie Wood stocks are strong plays on innovation, a key driver of the global economy.Block(SQ) — The launch of Square Loans in Canada as well as the new...</p>\n\n<a href=\"https://investorplace.com/2022/05/5-cathie-wood-stocks-to-buy-now-sq-crsp-shop-arkq-arkx/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc","CRSP":"CRISPR Therapeutics AG","ARKQ":"ARK Autonomous Technology & Robotics ETF","SQ":"Block","ARKX":"ARK Space Exploration & Innovation ETF"},"source_url":"https://investorplace.com/2022/05/5-cathie-wood-stocks-to-buy-now-sq-crsp-shop-arkq-arkx/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150378774","content_text":"Despite recent declines in share prices, these Cathie Wood stocks are strong plays on innovation, a key driver of the global economy.Block(SQ) — The launch of Square Loans in Canada as well as the new generation of the Square Stand could provide a significant path to revenue growth.CRISPR Therapeutics(CRSP) — Substantial global investment in genetic engineering is likely to pave the way for tremendous growth.Shopify(SHOP) — The recent acquisition of Deliverr is likely to improve logistics operations and increase efficiency.ARK Autonomous Technology & Robotics ETF(ARKQ) — The exchange-traded fund, which has lost over a third of its value in 2022, offers better opportunities now.ARK Space Exploration & Innovation ETF(ARKX) — The fund invests in firms that are at the forefront of aerospace and space-related technologies.Cathie Wood stocks, our topic for today, have come under fire in 2022. Yet, during the pandemic, ARK Invest funds, led by Wood’s team, had generated tremendous buzz on Wall Street. The firm’s exchange-traded funds (ETFs), which seek long-term capital growth, focus mainly on disruptive innovation.However, 2022 has proved a tough year for such high-growth shares. Concerns over the possibility of a recession in the near future have made investors wary of high-risk technology stocks, including those held by ARK funds.Just last week, Wood told subscribers to her stock commentary that “volatility could persist until demand destruction and excess inventories make it clear that inflation is not entrenched in the economy.”Additionally, a slate of disappointing earnings results have been a major factor in the recent drop. For instance, since the beginning of the year, the ARK Innovation ETF(NYSEARCA:ARKK) has fallen over 60%.Yet, innovation remains the primary driving force in the global economy.McKinsey & Co. suggests, “Innovation is critical to growth, particularly as the speed of business cycles continues to increase.”Despite recent losses, robust companies in Wood’s portfolio could potentially bounce back in the coming months. With that in mind, here are three of the best of Cathie Wood stocks to buy in May.Block (SQ)Our first Cathie Wood stock pick is the financial technology (fintech) name Block(NYSE:SQ). Formerly known as Square, Block’s products include the Square payment system, Cash App, Afterpay, Weebly and TIDAL.In early May, Block published first-quarter results. Total net revenue was $3.96 billion, down from $5.06 billion the year before. This decline of 22% year-over-year (YOY) was mainly due to the inclusion its Bitcoin(BTC-USD) activity. Excluding bitcoin revenue, revenue increased 44% YOY to $2.23 billion. The net loss per diluted share came in at 38 cents, compared to a net income of 8 cents per diluted share a year ago.Recently, the company announced the launch of Square Loans in Canada. This service has distributed around $9 billion in loans to small businesses in the U.S. and Australia, where it has been active since 2014. Moreover, the company announced the introduction of a new generation of the Square Stand, the point-of-sale system that increases efficiency and transparency.While more than 11% of ARK Fintech Innovation ETF (NYSEARCA:ARKF) is allocated to SQ stock, theARK Innovation ETF, ARKK, leads the pack as the Wood-led fund with the most Square shares.SQ stock is down over 55% year-to-date. Yet despite the decline, shares are trading at 101 times forward earnings and 2.7 times trailing sales. Meanwhile. the 12-month median for Square stock forecast is at$150.00.CRISPR Therapeutics(CRSP)Next up on our list of Cathie Wood stocks is the biotech name CRISPR Therapeutics(NASDAQ:CRSP). Analysts concur that it has revolutionized the field of genetic engineering by providing a fast, precise, and relatively inexpensive method for gene manipulation.In mid-February, the company releasedQ4 FY21results. Revenue increased to $12.9 million, up from $370,000 in the prior-year period. Loss per diluted share came in at $1.84, compared to net income per share of $1.50 in the prior-year quarter. Cash and equivalents ended 2021 at$2.38 billion.Recently, the company has announced significant progress in clinical trials for the treatments for Type I diabetes, cancer, and ALS. These trials represent partnerships with notable biotechnology companies and pave the way for eventual distribution to the market.Among ARK ETFs, theARK Innovation ETF stands out as the one with the most CRSP shares.So far in the year, the stock is down over 42%. Meanwhile, shares are trading at 23.6x forward earnings and 4.5x trailing sales. At present, the 12-month median forecast for CRSP stock is$143.00.Shopify (SHOP)The final single stock on our list is Shopify (NYSE:SHOP), the multinational all-in-one e-commerce solution provider. This Canada-based tech giant offers a variety of tools for independent business owners. Services include logo design, online payment services, web design, logistics, and domain name registration.In early May, Shopify reported its Q1 FY22results. Revenue came in at $1.20 billion, up 22% YOY. Diluted earnings per share (EPS) was 20 cents. In the year before, it had been $2.01. Cash and equivalents ended the quarter at $7.25 billion.The e-commerce giant recently announced it had reached an agreement to acquire Deliverr, an e-commerce fulfillment, and logistics company. This transaction is expected to strengthen Shopify’s delivery systems, improve infrastructure, as well as shorten delivery times.Readers would be interested to know that theARK Innovation ETF also stands out as the ARK fund with the highest amount of shares.SHOP stock is down 73% YTD. Forward price-to-earnings and price-to-sales ratios stand at 175x and 11.4x, respectively. Finally, the 12-month median forecast for SHOP stock is currently at$527.50.ARK Autonomous Technology & Robotics ETF (ARKQ)Our next two choices are two exchange-traded funds managed by Cathie Wood. First up is the ARK Autonomous Technology & Robotics ETF(NYSEARCA:ARKQ). It invests in global companies that benefit from disruptive technologies, such as artificial intelligence (AI), automation, and robotics.This actively managed fund has amassed net assets of$1.6 billion since its inception in September 2014. Its annual expense ratio stands at 0.75% per year.ARKQtypically has 30 – 50 holdings. At the time of writing, it holds 39 stocks, of which the top 10 names account for almost 60% of the portfolio.Among those are Tesla(NASDAQ:TSLA); technology solutions provider Trimble(NASDAQ:TRMB);Kratos Defense and Security Solutions(NASDAQ:KTOS); Japanese construction equipment manufacturer Komatsu(OTCMKTS:KMTUY); and UiPath(NYSE:PATH), provider of end-to-end platform for automation.Autonomous vehicles have the biggest share (40.4%) of the fund’s technological exposure. Next are 3D Printing (17.2%) and robotics (16.4%).With regards to the sector allocations, the fund is heavily weighted toward industrials (42.6%), followed by information technology (28.9%) and consumer discretionary (19.4%).ARKQ stock has been in a downtrend since seeing record highs in November 2021. The ETF hit a 52-week low on May 9. It has also underperformed the broader market with a loss of about 37% since January and 39% over the past 52 weeks.However, despite the potential setbacks by inflationary headwinds, the growth prospects of the robotics and autonomy industry appear strong. Thus, investors might want to keep ARKQ stock on the radar to buy the dips.ARK Space Exploration & Innovation ETF (ARKX)Our final discussion centers around the ARK Space Exploration & Innovation ETF(NYSEARCA:ARKX), which focuses on the space-related industry. It invests in global firms at the forefront or space-related activities or technologies.The fund, which was launched in March 2021, typically holds 35 – 55 stocks.It currently has a portfolio of 35 holdings and total net assets of around $421 million. Its expense ratio is also 0.75%.Industrials lead the way with 57.2%. Next are IT (22.7%) and communication services (7.4%). The actively managed ETF currently invests heavily in aerospace beneficiary companies (43.3%) that are engaged in agri-science, internet access, global positioning systems (GPS), construction, drones, or electric aviation vehicles.The fund has around 60% of its investments in the top 10 stocks.The largest holding,Trimble comprises almost 10% of the portfolio. Next come Kratos Defense and Security Solutions; the3D Printing ETF(NYSEARCA:PRNT); L3harris Technologies(NYSE:LHX); and AeroVironment(NASDAQ:AVAV).ARKX stock is down around 28% YTD and 33% over the past 12 months. It hit a 52-week low in recent days.Nonetheless, the global space industry prospects look bright as new players and emerging technologies are opening it as the new frontier. Thus, risk-tolerant investors with a horizon of three-to-five years could consider investing in ARKX using a small portion of their investment portfolios.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963736541,"gmtCreate":1668753562483,"gmtModify":1676538108312,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BA\">$Boeing(BA)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/BA\">$Boeing(BA)$ &nbsp;</a>","text":"$Boeing(BA)$","images":[{"img":"https://community-static.tradeup.com/news/40d2ad9d4f2d600755e6419e6fc29cbb","width":"1080","height":"1779"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9963736541","isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9990172781,"gmtCreate":1660316515246,"gmtModify":1676533450060,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990172781","repostId":"2258861097","repostType":4,"repost":{"id":"2258861097","kind":"highlight","pubTimestamp":1660318203,"share":"https://ttm.financial/m/news/2258861097?lang=&edition=fundamental","pubTime":"2022-08-12 23:30","market":"us","language":"en","title":"4 Index Funds to Retire a Millionaire Without Lifting a Finger","url":"https://stock-news.laohu8.com/highlight/detail?id=2258861097","media":"Motley Fool","summary":"For many of us, becoming a millionaire is surprisingly possible.","content":"<html><head></head><body><p>So you&#39;d like to retire a millionaire. Who wouldn&#39;t? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in a particular number of years, you&#39;ll get there.</p><p>A single lottery ticket <i>might</i> work, but really, whether you buy a ticket or not, your odds of winning a big jackpot are nearly the same. Instead, consider a much more reliable -- and <i>easy -- </i>strategy: investing in stocks over many years. Here&#39;s how to do that through index funds.</p><h2>Here&#39;s the math for becoming a millionaire</h2><p>The table below shows how you can build wealth over different multiyear periods with regular investments of various sizes. Clearly, achieving millionaire status is possible, but you&#39;ll need to be diligent to get there. And if you don&#39;t have lots of decades ahead of you, you&#39;ll want to be investing a <i>lot </i>each year.</p><table><thead><tr><th><p>Growing at 8% for...</p></th><th><p>$10,000 Invested Annually</p></th><th><p>$15,000 Invested Annually</p></th><th><p>$20,000 Invested Annually</p></th></tr></thead><tbody><tr><td width=\"145\"><p>5 years</p></td><td width=\"142\"><p>$63,359</p></td><td width=\"138\"><p>$95,039</p></td><td width=\"132\"><p>$126,718</p></td></tr><tr><td width=\"145\"><p>10 years</p></td><td width=\"142\"><p>$156,455</p></td><td width=\"138\"><p>$234,682</p></td><td width=\"132\"><p>$312,910</p></td></tr><tr><td width=\"145\"><p>15 years</p></td><td width=\"142\"><p>$293,243</p></td><td width=\"138\"><p>$439,864</p></td><td width=\"132\"><p>$586,486</p></td></tr><tr><td width=\"145\"><p>20 years</p></td><td width=\"142\"><p>$494,229</p></td><td width=\"138\"><p>$741,344</p></td><td width=\"132\"><p>$988,458</p></td></tr><tr><td width=\"145\"><p>25 years</p></td><td width=\"142\"><p>$789,544</p></td><td width=\"138\"><p>$1,184,316</p></td><td width=\"132\"><p>$1,579,088</p></td></tr><tr><td width=\"145\"><p>30 years</p></td><td width=\"142\"><p>$1,223,459</p></td><td width=\"138\"><p>$1,835,188</p></td><td width=\"132\"><p>$2,446,917</p></td></tr></tbody></table><p>Data source: Calculations by author.</p><p>That 8% annual average growth rate isn&#39;t guaranteed, either. The stock market&#39;s average annual return over long periods is close to 10%, but it will likely be at least a little higher or lower over <i>your</i> particular investing time frame, and may be a lot higher or lower.</p><p>Here are four index funds that may deliver average annual gains of 8% to 10%, on average, over your investing time frame.</p><h2>Four promising index funds</h2><h3>SPDR S&amp;P 500 ETF</h3><p>As a reminder, an index fund is a mutual fund or exchange-traded fund (ETF) that aims to deliver approximately the same returns as a particular index by holding the same securities in the same proportions. Index funds are great for most of us, with the best index funds offering solid performance, low fees, and simplicity. Buy the shares and then trust in the long-term growth of the economy.</p><p>The <b>SPDR S&amp;P 500 ETF</b> tracks the <b>S&amp;P 500</b> index of 500 of America&#39;s biggest companies, such as <b>CVS Health</b>, <b>Amazon.com</b>, <b>Johnson &amp; Johnson</b>, and <b>Pfizer</b>. There are thousands of publicly traded companies in America, but these 500 together make up around 80% of the entire market.</p><p>Lots of financial services companies offer S&amp;P 500 index funds, and there&#39;s a good chance that your company&#39;s 401(k) plan offers one, too. Any such fund, as long as it&#39;s a low-fee index fund, will be a solid candidate for your portfolio.</p><p>Over the past 10 and 15 years, the SPDR S&amp;P 500 ETF has averaged annual gains of 13.6% and 9.4%, respectively.</p><h3>Vanguard Total Stock Market ETF</h3><p>If you&#39;d rather spread your dollars (or some of your dollars) across an index that represents roughly 100% of the total U.S. market instead of just 80%, look at a &#34;total stock market&#34; index fund, like the <b>Vanguard Total Stock Market ETF</b>. It contains more than 4,000 different stocks, including lots of smaller- and small-cap companies, such as <b>BJ&#39;s Wholesale Club</b> and <b>Texas Roadhouse</b>.</p><p>Over the past 10 and 15 years, the Vanguard Total Stock Market ETF has averaged annual gains of 13.4% and 9.5%, respectively.</p><h3><a href=\"https://laohu8.com/S/VT\">Vanguard Total World Stock ETF</a></h3><p>You can do very well over the long run just by sticking with an S&amp;P 500 index fund or a total stock market fund, but for those interested, you can spread your dollars even wider by opting for a &#34;total world stock market&#34; fund. Consider the <b>Vanguard Total World Stock ETF</b>. It encompasses more than <i>9,000</i> stocks from countries around the world. Examples include <b>Taiwan Semiconductor</b>, <b>Toyota Motor</b>, <b>Royal</b> <b>Bank of Canada</b>, and of course, all those companies in the previous two index funds.</p><p>Over the past 10 years, the Vanguard Total World Stock ETF has averaged annual gains of 9.6%. It doesn&#39;t yet have a 15-year average.</p><h3>Invesco QQQ ETF</h3><p>Finally, if you&#39;d like to aim for a higher growth rate than those offered by index funds targeting much of the United States or world market, consider the <b>Invesco QQQ ETF</b>. The focus of the Invesco QQQ ETF is much narrower, as it tracks the <b>Nasdaq-100 Index</b> of the 100 largest non-financial companies listed on the Nasdaq stock exchange, based on market cap. These are mostly well-known growth stocks. Here are the recent top holdings:</p><ul><li><b>Apple</b></li><li><b>Microsoft</b></li><li>Amazon.com</li><li><b>Tesla</b></li><li><b>Alphabet</b></li><li><b><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></b></li><li><b>Nvidia</b></li><li><b>PepsiCo</b></li><li><b>Costco</b></li></ul><p>Other components include <b>Starbucks</b>, <b>Airbnb</b>, and <b>Intuitive Surgical</b>. Over the past 10 and 15 years, the Invesco QQQ ETF has averaged annual gains of 18.4% and 14.6%, respectively.</p><p>With the overall market slumping significantly in recent months, and many growth stocks being hit especially hard, this is a great time to invest in one or more index funds, as prices are low. Give these ETFs some thought and start investing in earnest if you&#39;re aiming to be a millionaire.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Index Funds to Retire a Millionaire Without Lifting a Finger</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\">\n4 Index Funds to Retire a Millionaire Without Lifting a Finger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-12 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>So you'd like to retire a millionaire. Who wouldn't? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","QQQ":"纳指100ETF","VTI":"大盘指数ETF-Vanguard MSCI","VT":"世界全股市ETF-Vanguard"},"source_url":"https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258861097","content_text":"So you'd like to retire a millionaire. Who wouldn't? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in a particular number of years, you'll get there.A single lottery ticket might work, but really, whether you buy a ticket or not, your odds of winning a big jackpot are nearly the same. Instead, consider a much more reliable -- and easy -- strategy: investing in stocks over many years. Here's how to do that through index funds.Here's the math for becoming a millionaireThe table below shows how you can build wealth over different multiyear periods with regular investments of various sizes. Clearly, achieving millionaire status is possible, but you'll need to be diligent to get there. And if you don't have lots of decades ahead of you, you'll want to be investing a lot each year.Growing at 8% for...$10,000 Invested Annually$15,000 Invested Annually$20,000 Invested Annually5 years$63,359$95,039$126,71810 years$156,455$234,682$312,91015 years$293,243$439,864$586,48620 years$494,229$741,344$988,45825 years$789,544$1,184,316$1,579,08830 years$1,223,459$1,835,188$2,446,917Data source: Calculations by author.That 8% annual average growth rate isn't guaranteed, either. The stock market's average annual return over long periods is close to 10%, but it will likely be at least a little higher or lower over your particular investing time frame, and may be a lot higher or lower.Here are four index funds that may deliver average annual gains of 8% to 10%, on average, over your investing time frame.Four promising index fundsSPDR S&P 500 ETFAs a reminder, an index fund is a mutual fund or exchange-traded fund (ETF) that aims to deliver approximately the same returns as a particular index by holding the same securities in the same proportions. Index funds are great for most of us, with the best index funds offering solid performance, low fees, and simplicity. Buy the shares and then trust in the long-term growth of the economy.The SPDR S&P 500 ETF tracks the S&P 500 index of 500 of America's biggest companies, such as CVS Health, Amazon.com, Johnson & Johnson, and Pfizer. There are thousands of publicly traded companies in America, but these 500 together make up around 80% of the entire market.Lots of financial services companies offer S&P 500 index funds, and there's a good chance that your company's 401(k) plan offers one, too. Any such fund, as long as it's a low-fee index fund, will be a solid candidate for your portfolio.Over the past 10 and 15 years, the SPDR S&P 500 ETF has averaged annual gains of 13.6% and 9.4%, respectively.Vanguard Total Stock Market ETFIf you'd rather spread your dollars (or some of your dollars) across an index that represents roughly 100% of the total U.S. market instead of just 80%, look at a \"total stock market\" index fund, like the Vanguard Total Stock Market ETF. It contains more than 4,000 different stocks, including lots of smaller- and small-cap companies, such as BJ's Wholesale Club and Texas Roadhouse.Over the past 10 and 15 years, the Vanguard Total Stock Market ETF has averaged annual gains of 13.4% and 9.5%, respectively.Vanguard Total World Stock ETFYou can do very well over the long run just by sticking with an S&P 500 index fund or a total stock market fund, but for those interested, you can spread your dollars even wider by opting for a \"total world stock market\" fund. Consider the Vanguard Total World Stock ETF. It encompasses more than 9,000 stocks from countries around the world. Examples include Taiwan Semiconductor, Toyota Motor, Royal Bank of Canada, and of course, all those companies in the previous two index funds.Over the past 10 years, the Vanguard Total World Stock ETF has averaged annual gains of 9.6%. It doesn't yet have a 15-year average.Invesco QQQ ETFFinally, if you'd like to aim for a higher growth rate than those offered by index funds targeting much of the United States or world market, consider the Invesco QQQ ETF. The focus of the Invesco QQQ ETF is much narrower, as it tracks the Nasdaq-100 Index of the 100 largest non-financial companies listed on the Nasdaq stock exchange, based on market cap. These are mostly well-known growth stocks. Here are the recent top holdings:AppleMicrosoftAmazon.comTeslaAlphabetMeta PlatformsNvidiaPepsiCoCostcoOther components include Starbucks, Airbnb, and Intuitive Surgical. Over the past 10 and 15 years, the Invesco QQQ ETF has averaged annual gains of 18.4% and 14.6%, respectively.With the overall market slumping significantly in recent months, and many growth stocks being hit especially hard, this is a great time to invest in one or more index funds, as prices are low. Give these ETFs some thought and start investing in earnest if you're aiming to be a millionaire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901982825,"gmtCreate":1659115072067,"gmtModify":1676536259710,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901982825","repostId":"1127120005","repostType":4,"repost":{"id":"1127120005","kind":"news","pubTimestamp":1659108221,"share":"https://ttm.financial/m/news/1127120005?lang=&edition=fundamental","pubTime":"2022-07-29 23:23","market":"us","language":"en","title":"Apple: I'd Rather Buy The SPY","url":"https://stock-news.laohu8.com/highlight/detail?id=1127120005","media":"Seeking Alpha","summary":"SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating re","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.</li><li>Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the iPhone and fail to move the needle to satisfy growth investors.</li><li>In Peter Lynch&#39;s terms, Apple has fully transitioned from Fast Grower to Stalwart.</li><li>Investors can de-risk their portfolios by buying the SPY, which has a good chance of matching or beating Apple&#39;s future returns.</li></ul><p><b>Investment Thesis</b></p><p>There&#39;s no denying the incredible success of Apple (NASDAQ:AAPL) as a company and as an investment. Indeed, Apple even enticed investing legend Warren Buffett, who typically stays away from technology stocks, to take up a billion-dollar position back in 2016. But, as many of us know, the larger a snowball gets the harder it is to roll, to the point where it&#39;s so large it can&#39;t be rolled at all. With a nearly $2.5 trillion market cap, Apple is an enormous snowball. To put it in perspective, Apple is the size of 25 PayPal&#39;s (PYPL). It takes an enormous amount of money to move Apple, whether that be revenue, earnings, or investors.</p><p>Apple has an impressive track record of innovation with products such as the Apple Watch, Air Pods, Apple TV, and Apple Pay. But how many more home runs could be left in this behemoth? Just as important a question, how far outside the park must Apple hit these home runs to have a meaningful impact on revenue and earnings?</p><p>I&#39;m not betting against Apple&#39;s ability to innovate. I&#39;m betting against their ability to replicate past success in a manner that&#39;ll grow EPS well above the S&amp;P 500. In my opinion, Apple is a snowball that&#39;s just too hard to move. Because of this, I think investors are better off buying theSPY.</p><p><b>Where is Future Growth Coming From?</b></p><p>I think most of us will agree Apple has pretty well saturated the smartphone market in the US. As of 2021,datashows Apple had 46.9% of the US smartphone market with share gains growing at a very slow pace. I see no reason to believe iPhone share gains will be any better than the recent past.</p><p><img src=\"https://static.tigerbbs.com/6f5a8230f021553bdab552ae6cb8ce70\" tg-width=\"640\" tg-height=\"344\" referrerpolicy=\"no-referrer\"/></p><p>iPhone Market Share (statista.com)</p><p>Apple&#39;s second-largest market is Europe where they hold a 32.3% share. Apple holds a microscopic edge over Samsung as a market leader. Share gains in Europe have also moderated in recent years similar to the US.</p><p><img src=\"https://static.tigerbbs.com/f0becc8c9b730dc6c023bcefce1e0646\" tg-width=\"640\" tg-height=\"315\" referrerpolicy=\"no-referrer\"/></p><p>Apple Market Share - Europe (Statcounter.com)</p><p>Perhaps China can save the day? Apple recently reclaimed the number one spot as a smartphone provider in China. Apple overtook competitor Huawei after Huawei was negatively impacted by US sanctions. So, one could argue Apple&#39;s 23% leading market position is somewhat artificial.</p><p>Either way, with saturated markets in the US and Europe and a fiercely competitive environment in China, I don&#39;t see market-beating returns coming as a result of increasing iPhone sales which are the backbone of the company.</p><p>So, where will Apple turn to produce the +15% per year (or approximately $15 billion in year one) earnings growth investors are accustomed to?</p><p><b>Share Repurchases</b></p><p>Over the past 10 years, Apple has spent an astonishing$467 billion on share repurchases, reducing a total number of shares outstanding by 4.4% annually. Share repurchases have been a foundation of Apple&#39;s annual EPS growth and I fully expect this to continue in the future. While I&#39;m a fan of share repurchases, I don&#39;t prefer when they&#39;re the primary form of EPS growth.</p><p><img src=\"https://static.tigerbbs.com/664dc00f07bea24b2eb1aa207937ae30\" tg-width=\"640\" tg-height=\"376\" referrerpolicy=\"no-referrer\"/></p><p>Shares Outstanding (Quickfs.com)</p><p>To put it in perspective, share repurchases accounted for the following percentage (approximate) of annual EPS growth for Apple:</p><ul><li>2017: 47% of YOY EPS growth</li><li>2018: 21% of YOY EPS growth</li><li>2019: Not measurable because EPS growth was negative</li><li>2020: 62% of YOY EPS growth</li><li>2021: 9% of YOY EPS growth</li></ul><p>Prior to 2021, share repurchases often accounted for a significant portion of EPS growth. I view 2021 as an outlier due to the amount of fiscal stimulus injected into the economy, which drove up revenue for many companies, including Apple.</p><p><b>Products &amp; Services</b></p><p>Apple has numerous products and services of which I am a satisfied customer. These include the iPhone, iPad, Apple Watch, Air Pods, AppStore, Apple Pay, and Apple Music. I greatly enjoy each of these and believe they offer excellent value.</p><p>Apple&#39;s fastest growing categories are Wearables, Home &amp; Accessories and Services. Over the past 5 years, Wearables, Home &amp; Accessories has grown revenue at a 31.5% CAGR while Services clocks in at 20.3%.</p><p>Here&#39;s what&#39;s included in each per Apple&#39;s 2021 10-K filing.</p><blockquote>Wearables, Home and Accessories net sales include sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and accessories.</blockquote><blockquote>Services net sales include sales from the Company&#39;s advertising, AppleCare, cloud, digital content, payment and other services. Services net sales also include amortization of the deferred value of services bundled in the sales price of certain products.</blockquote><p><img src=\"https://static.tigerbbs.com/2b67155a2ae8b688f5fddfede0b0344b\" tg-width=\"640\" tg-height=\"168\" referrerpolicy=\"no-referrer\"/></p><p>Revenue by Category (Author&#39;s personal data)</p><p>As seen in the table above, iPhone, Mac, and iPad sales have been fairly lumpy whereas Wearables, Home &amp; Accessories and Services has been steadily increasing.</p><p>Using this information, I can make an educated guess on future revenue growth for Apple. In the table below, I de-rated the revenue CAGR for each category to reflect a more modest expectation of growth.</p><p><img src=\"https://static.tigerbbs.com/d0e23bc5acddfa2604ba624d20446f19\" tg-width=\"640\" tg-height=\"166\" referrerpolicy=\"no-referrer\"/></p><p>Forecast Revenue by Category (Author&#39;s personal data)</p><p><b>Valuation</b></p><p>Using the market multiple approaches, I arrive at a 2026 target price of $197 for Apple, which includes share repurchases but excludes dividends. I assumed revenue growth of 10.3% (table above), net margins of 23.2% (5YR avg), a long-term PE of 20, and reducing shares outstanding by 4.5% annually.</p><ul><li>2026 revenue estimate = $593 billion</li><li>Net income = $593 billion x 23.2% = $137.6 billion</li><li>Shares outstanding reducing from 16.9 billion in 2022 to 14.0 billion in 2026</li><li>2026 EPS estimate = $137.6 billion / 14.0 billion = $9.83</li><li>Fair value = 20 (PE) x $9.83 = $196.60</li></ul><p>With today&#39;s price of $154 per share, a target price of $196.60 would constitute a 5-year CAGR of 5%. Not exactly a market-beating return in my opinion.</p><p>From a DCF perspective, I show an intrinsic value of $156, which doesn&#39;t offer an acceptable margin of safety. I used an 8% discount rate and 2.5% terminal growth rate. I assumed Apple will continue reducing a total number of shares outstanding by 2.5% annually and grow FCF by 7.4% annually (below the 10 YR CAGR of 10.8%).</p><p><img src=\"https://static.tigerbbs.com/89bb0473ac235d24fd63d6a47a1f565f\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/></p><p>DCF Valuation (Author&#39;s personal data)</p><p><b>Aren&#39;t There Risks To The SPY?</b></p><p>Of course, stocks and ETFs aren&#39;t called risk-assets for nothing. In the current macro environment of rising interest rates, sky-high inflation, and a looming recession, investing anywhere is risky. To quote Mr. Buffett:</p><blockquote>Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.</blockquote><p>History says 10 or 20 years from now, the market will be higher than what it is today, so it&#39;s important to keep a long-term perspective. In the current environment,dollar-cost averaging may be the best approach. And if you find yourself stressed about unrealized losses in 2022, that&#39;s probably a good sign you&#39;re invested too heavily, either in general or in an individual position. How well you sleep at night is often a good gauge of portfolio health.</p><p><b>Conclusion</b></p><p>Apple is a phenomenal company with a bright future, but I find it hard to believe it&#39;ll offer market-beating returns in the coming years. At its current share price, Apple appears to be fairly valued and doesn&#39;t offer an acceptable margin of safety. Investors looking to 5x their money in the next 5 to 10 years likely won&#39;t be able to do so owning Apple. It&#39;s simply too large a snowball. Because of this, I think investors are better served buying the SPY where they&#39;ll get indirect exposure to Apple, de-risk their portfolio, and have a decent chance of outperforming Apple in the long term.</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>Apple: I'd Rather Buy The SPY</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: I'd Rather Buy The SPY\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-29 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4527039-apple-rather-buy-spy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4527039-apple-rather-buy-spy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4527039-apple-rather-buy-spy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127120005","content_text":"SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the iPhone and fail to move the needle to satisfy growth investors.In Peter Lynch's terms, Apple has fully transitioned from Fast Grower to Stalwart.Investors can de-risk their portfolios by buying the SPY, which has a good chance of matching or beating Apple's future returns.Investment ThesisThere's no denying the incredible success of Apple (NASDAQ:AAPL) as a company and as an investment. Indeed, Apple even enticed investing legend Warren Buffett, who typically stays away from technology stocks, to take up a billion-dollar position back in 2016. But, as many of us know, the larger a snowball gets the harder it is to roll, to the point where it's so large it can't be rolled at all. With a nearly $2.5 trillion market cap, Apple is an enormous snowball. To put it in perspective, Apple is the size of 25 PayPal's (PYPL). It takes an enormous amount of money to move Apple, whether that be revenue, earnings, or investors.Apple has an impressive track record of innovation with products such as the Apple Watch, Air Pods, Apple TV, and Apple Pay. But how many more home runs could be left in this behemoth? Just as important a question, how far outside the park must Apple hit these home runs to have a meaningful impact on revenue and earnings?I'm not betting against Apple's ability to innovate. I'm betting against their ability to replicate past success in a manner that'll grow EPS well above the S&P 500. In my opinion, Apple is a snowball that's just too hard to move. Because of this, I think investors are better off buying theSPY.Where is Future Growth Coming From?I think most of us will agree Apple has pretty well saturated the smartphone market in the US. As of 2021,datashows Apple had 46.9% of the US smartphone market with share gains growing at a very slow pace. I see no reason to believe iPhone share gains will be any better than the recent past.iPhone Market Share (statista.com)Apple's second-largest market is Europe where they hold a 32.3% share. Apple holds a microscopic edge over Samsung as a market leader. Share gains in Europe have also moderated in recent years similar to the US.Apple Market Share - Europe (Statcounter.com)Perhaps China can save the day? Apple recently reclaimed the number one spot as a smartphone provider in China. Apple overtook competitor Huawei after Huawei was negatively impacted by US sanctions. So, one could argue Apple's 23% leading market position is somewhat artificial.Either way, with saturated markets in the US and Europe and a fiercely competitive environment in China, I don't see market-beating returns coming as a result of increasing iPhone sales which are the backbone of the company.So, where will Apple turn to produce the +15% per year (or approximately $15 billion in year one) earnings growth investors are accustomed to?Share RepurchasesOver the past 10 years, Apple has spent an astonishing$467 billion on share repurchases, reducing a total number of shares outstanding by 4.4% annually. Share repurchases have been a foundation of Apple's annual EPS growth and I fully expect this to continue in the future. While I'm a fan of share repurchases, I don't prefer when they're the primary form of EPS growth.Shares Outstanding (Quickfs.com)To put it in perspective, share repurchases accounted for the following percentage (approximate) of annual EPS growth for Apple:2017: 47% of YOY EPS growth2018: 21% of YOY EPS growth2019: Not measurable because EPS growth was negative2020: 62% of YOY EPS growth2021: 9% of YOY EPS growthPrior to 2021, share repurchases often accounted for a significant portion of EPS growth. I view 2021 as an outlier due to the amount of fiscal stimulus injected into the economy, which drove up revenue for many companies, including Apple.Products & ServicesApple has numerous products and services of which I am a satisfied customer. These include the iPhone, iPad, Apple Watch, Air Pods, AppStore, Apple Pay, and Apple Music. I greatly enjoy each of these and believe they offer excellent value.Apple's fastest growing categories are Wearables, Home & Accessories and Services. Over the past 5 years, Wearables, Home & Accessories has grown revenue at a 31.5% CAGR while Services clocks in at 20.3%.Here's what's included in each per Apple's 2021 10-K filing.Wearables, Home and Accessories net sales include sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and accessories.Services net sales include sales from the Company's advertising, AppleCare, cloud, digital content, payment and other services. Services net sales also include amortization of the deferred value of services bundled in the sales price of certain products.Revenue by Category (Author's personal data)As seen in the table above, iPhone, Mac, and iPad sales have been fairly lumpy whereas Wearables, Home & Accessories and Services has been steadily increasing.Using this information, I can make an educated guess on future revenue growth for Apple. In the table below, I de-rated the revenue CAGR for each category to reflect a more modest expectation of growth.Forecast Revenue by Category (Author's personal data)ValuationUsing the market multiple approaches, I arrive at a 2026 target price of $197 for Apple, which includes share repurchases but excludes dividends. I assumed revenue growth of 10.3% (table above), net margins of 23.2% (5YR avg), a long-term PE of 20, and reducing shares outstanding by 4.5% annually.2026 revenue estimate = $593 billionNet income = $593 billion x 23.2% = $137.6 billionShares outstanding reducing from 16.9 billion in 2022 to 14.0 billion in 20262026 EPS estimate = $137.6 billion / 14.0 billion = $9.83Fair value = 20 (PE) x $9.83 = $196.60With today's price of $154 per share, a target price of $196.60 would constitute a 5-year CAGR of 5%. Not exactly a market-beating return in my opinion.From a DCF perspective, I show an intrinsic value of $156, which doesn't offer an acceptable margin of safety. I used an 8% discount rate and 2.5% terminal growth rate. I assumed Apple will continue reducing a total number of shares outstanding by 2.5% annually and grow FCF by 7.4% annually (below the 10 YR CAGR of 10.8%).DCF Valuation (Author's personal data)Aren't There Risks To The SPY?Of course, stocks and ETFs aren't called risk-assets for nothing. In the current macro environment of rising interest rates, sky-high inflation, and a looming recession, investing anywhere is risky. To quote Mr. Buffett:Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.History says 10 or 20 years from now, the market will be higher than what it is today, so it's important to keep a long-term perspective. In the current environment,dollar-cost averaging may be the best approach. And if you find yourself stressed about unrealized losses in 2022, that's probably a good sign you're invested too heavily, either in general or in an individual position. How well you sleep at night is often a good gauge of portfolio health.ConclusionApple is a phenomenal company with a bright future, but I find it hard to believe it'll offer market-beating returns in the coming years. At its current share price, Apple appears to be fairly valued and doesn't offer an acceptable margin of safety. Investors looking to 5x their money in the next 5 to 10 years likely won't be able to do so owning Apple. It's simply too large a snowball. Because of this, I think investors are better served buying the SPY where they'll get indirect exposure to Apple, de-risk their portfolio, and have a decent chance of outperforming Apple in the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9078684289,"gmtCreate":1657678272641,"gmtModify":1676536044932,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078684289","repostId":"2251976459","repostType":4,"repost":{"id":"2251976459","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":1657666789,"share":"https://ttm.financial/m/news/2251976459?lang=&edition=fundamental","pubTime":"2022-07-13 06:59","market":"us","language":"en","title":"US STOCKS-Wall Street Tumbles at Close As Worries Mount Ahead of CPI Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2251976459","media":"Reuters","summary":"* Treasury yield inversion stokes recession worries* Boeing jumps, deliveries reach highest monthly ","content":"<html><head></head><body><p>* Treasury yield inversion stokes recession worries</p><p>* Boeing jumps, deliveries reach highest monthly level in 3 years</p><p>* Gap slides on CEO exit, outlook</p><p>* Indexes fall: Dow 0.62%, S&amp;P 0.92%, Nasdaq 0.95%</p><p>(Reuters) - Wall Street ended in negative territory on Tuesday as growing signs of recession kept buyers out of the equities market ahead of inflation data.</p><p>While all three major U.S. stock indexes seesawed between modest gains and losses earlier in the session, they turned sharply lower late in the day as Wednesday&#39;s Consumer Prices report from the Labor Department drew near, with big bank earnings looming later in the week.</p><p>&#34;(Investors are) waiting to hear what happens with CPI and earnings,&#34; said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company, in Milwaukee, Wisconsin. &#34;For several months we&#39;ve swung back and forth between inflation fears and recession fears, almost on a daily basis.&#34;</p><p>&#34;We have really confused investors who have chosen to go on a buyers strike,&#34; Schutte added. &#34;I don’t hear many people saying &#39;buy the dip.&#39;&#34;</p><p>While the CPI report is expected to show inflation gathered heat in June, the so-called &#34;core&#34; CPI, which strips away volatile food and energy prices, is seen offering further confirmation that inflation has peaked, which could potentially convince the Federal Reserve to ease on its policy tightening in autumn.</p><p>Paul Kim, chief executive officer at Simplify ETFs in New York, expects year-on-year topline CPI to &#34;be in the high eight or potentially even nine percentage range, and with inflation that high, the Fed has only one thing in mind.&#34;</p><p>Worries that overly aggressive moves by the Fed to reign in decades-high inflation could push the economy over the brink of recession were exacerbated by the steepest inversion of the 2 year and 10 year Treasury yields since at least March 2010, a potential signal of near-term risk and economic contraction.</p><p>The market expects the central bank to raise the key Fed funds target rate by 75 basis points at the conclusion of its July policy meeting, which would mark its third consecutive interest rate hike.</p><p>The Dow Jones Industrial Average fell 192.51 points, or 0.62%, to 30,981.33, the S&amp;P 500 lost 35.63 points, or 0.92%, to 3,818.8 and the Nasdaq Composite dropped 107.87 points, or 0.95%, to 11,264.73.</p><p>All 11 major sectors in the S&amp;P 500 fell, with energy shares, weighed down by plunging crude prices, suffering the largest percentage loss.</p><p>The second-quarter reporting season will hit full stride later in the week as JPMorgan Chase &amp; Co, <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>, Citigroup and Wells Fargo &amp; Co post results.</p><p>As of Friday, analysts saw aggregate annual S&amp;P earnings growth of 5.7% for the April to June period, down from the 6.8% forecast at the beginning of the quarter, according to Refinitiv.</p><p>PepsiCo got the ball rolling this week by beating its quarterly earnings estimates and announced it could increase prices amid resilient demand.</p><p>Shares of Boeing Co jumped 7.4% after the plane maker&#39;s June aircraft deliveries hit the highest monthly level since March 2019.</p><p>That news, along with falling energy prices, helped the S&amp;P 1500 Air Lines index rise 6.1%.</p><p>Apparel retailer Gap Inc fell 5.0% following its announcement that its CEO would step down, and that margins would stay under pressure in the second quarter due to input costs.</p><p>Software provider Service Now plunged 12.7% after its CEO&#39;s remarks about macro headwinds and currency pressures. Other software companies, including Salesforce.com   , Paycom Software, Intuit and Microsoft, were also down.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.37-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 13 new highs and 145 new lows.</p><p>Volume on U.S. exchanges was 9.86 billion shares, compared with the 12.79 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Tumbles at Close As Worries Mount Ahead of CPI Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Tumbles at Close As Worries Mount Ahead of CPI Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-13 06:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Treasury yield inversion stokes recession worries</p><p>* Boeing jumps, deliveries reach highest monthly level in 3 years</p><p>* Gap slides on CEO exit, outlook</p><p>* Indexes fall: Dow 0.62%, S&amp;P 0.92%, Nasdaq 0.95%</p><p>(Reuters) - Wall Street ended in negative territory on Tuesday as growing signs of recession kept buyers out of the equities market ahead of inflation data.</p><p>While all three major U.S. stock indexes seesawed between modest gains and losses earlier in the session, they turned sharply lower late in the day as Wednesday&#39;s Consumer Prices report from the Labor Department drew near, with big bank earnings looming later in the week.</p><p>&#34;(Investors are) waiting to hear what happens with CPI and earnings,&#34; said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company, in Milwaukee, Wisconsin. &#34;For several months we&#39;ve swung back and forth between inflation fears and recession fears, almost on a daily basis.&#34;</p><p>&#34;We have really confused investors who have chosen to go on a buyers strike,&#34; Schutte added. &#34;I don’t hear many people saying &#39;buy the dip.&#39;&#34;</p><p>While the CPI report is expected to show inflation gathered heat in June, the so-called &#34;core&#34; CPI, which strips away volatile food and energy prices, is seen offering further confirmation that inflation has peaked, which could potentially convince the Federal Reserve to ease on its policy tightening in autumn.</p><p>Paul Kim, chief executive officer at Simplify ETFs in New York, expects year-on-year topline CPI to &#34;be in the high eight or potentially even nine percentage range, and with inflation that high, the Fed has only one thing in mind.&#34;</p><p>Worries that overly aggressive moves by the Fed to reign in decades-high inflation could push the economy over the brink of recession were exacerbated by the steepest inversion of the 2 year and 10 year Treasury yields since at least March 2010, a potential signal of near-term risk and economic contraction.</p><p>The market expects the central bank to raise the key Fed funds target rate by 75 basis points at the conclusion of its July policy meeting, which would mark its third consecutive interest rate hike.</p><p>The Dow Jones Industrial Average fell 192.51 points, or 0.62%, to 30,981.33, the S&amp;P 500 lost 35.63 points, or 0.92%, to 3,818.8 and the Nasdaq Composite dropped 107.87 points, or 0.95%, to 11,264.73.</p><p>All 11 major sectors in the S&amp;P 500 fell, with energy shares, weighed down by plunging crude prices, suffering the largest percentage loss.</p><p>The second-quarter reporting season will hit full stride later in the week as JPMorgan Chase &amp; Co, <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>, Citigroup and Wells Fargo &amp; Co post results.</p><p>As of Friday, analysts saw aggregate annual S&amp;P earnings growth of 5.7% for the April to June period, down from the 6.8% forecast at the beginning of the quarter, according to Refinitiv.</p><p>PepsiCo got the ball rolling this week by beating its quarterly earnings estimates and announced it could increase prices amid resilient demand.</p><p>Shares of Boeing Co jumped 7.4% after the plane maker&#39;s June aircraft deliveries hit the highest monthly level since March 2019.</p><p>That news, along with falling energy prices, helped the S&amp;P 1500 Air Lines index rise 6.1%.</p><p>Apparel retailer Gap Inc fell 5.0% following its announcement that its CEO would step down, and that margins would stay under pressure in the second quarter due to input costs.</p><p>Software provider Service Now plunged 12.7% after its CEO&#39;s remarks about macro headwinds and currency pressures. Other software companies, including Salesforce.com   , Paycom Software, Intuit and Microsoft, were also down.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.37-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 13 new highs and 145 new lows.</p><p>Volume on U.S. exchanges was 9.86 billion shares, compared with the 12.79 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251976459","content_text":"* Treasury yield inversion stokes recession worries* Boeing jumps, deliveries reach highest monthly level in 3 years* Gap slides on CEO exit, outlook* Indexes fall: Dow 0.62%, S&P 0.92%, Nasdaq 0.95%(Reuters) - Wall Street ended in negative territory on Tuesday as growing signs of recession kept buyers out of the equities market ahead of inflation data.While all three major U.S. stock indexes seesawed between modest gains and losses earlier in the session, they turned sharply lower late in the day as Wednesday's Consumer Prices report from the Labor Department drew near, with big bank earnings looming later in the week.\"(Investors are) waiting to hear what happens with CPI and earnings,\" said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company, in Milwaukee, Wisconsin. \"For several months we've swung back and forth between inflation fears and recession fears, almost on a daily basis.\"\"We have really confused investors who have chosen to go on a buyers strike,\" Schutte added. \"I don’t hear many people saying 'buy the dip.'\"While the CPI report is expected to show inflation gathered heat in June, the so-called \"core\" CPI, which strips away volatile food and energy prices, is seen offering further confirmation that inflation has peaked, which could potentially convince the Federal Reserve to ease on its policy tightening in autumn.Paul Kim, chief executive officer at Simplify ETFs in New York, expects year-on-year topline CPI to \"be in the high eight or potentially even nine percentage range, and with inflation that high, the Fed has only one thing in mind.\"Worries that overly aggressive moves by the Fed to reign in decades-high inflation could push the economy over the brink of recession were exacerbated by the steepest inversion of the 2 year and 10 year Treasury yields since at least March 2010, a potential signal of near-term risk and economic contraction.The market expects the central bank to raise the key Fed funds target rate by 75 basis points at the conclusion of its July policy meeting, which would mark its third consecutive interest rate hike.The Dow Jones Industrial Average fell 192.51 points, or 0.62%, to 30,981.33, the S&P 500 lost 35.63 points, or 0.92%, to 3,818.8 and the Nasdaq Composite dropped 107.87 points, or 0.95%, to 11,264.73.All 11 major sectors in the S&P 500 fell, with energy shares, weighed down by plunging crude prices, suffering the largest percentage loss.The second-quarter reporting season will hit full stride later in the week as JPMorgan Chase & Co, Morgan Stanley, Citigroup and Wells Fargo & Co post results.As of Friday, analysts saw aggregate annual S&P earnings growth of 5.7% for the April to June period, down from the 6.8% forecast at the beginning of the quarter, according to Refinitiv.PepsiCo got the ball rolling this week by beating its quarterly earnings estimates and announced it could increase prices amid resilient demand.Shares of Boeing Co jumped 7.4% after the plane maker's June aircraft deliveries hit the highest monthly level since March 2019.That news, along with falling energy prices, helped the S&P 1500 Air Lines index rise 6.1%.Apparel retailer Gap Inc fell 5.0% following its announcement that its CEO would step down, and that margins would stay under pressure in the second quarter due to input costs.Software provider Service Now plunged 12.7% after its CEO's remarks about macro headwinds and currency pressures. Other software companies, including Salesforce.com   , Paycom Software, Intuit and Microsoft, were also down.Declining issues outnumbered advancing ones on the NYSE by a 1.37-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.The S&P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 13 new highs and 145 new lows.Volume on U.S. exchanges was 9.86 billion shares, compared with the 12.79 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021057464,"gmtCreate":1652985667958,"gmtModify":1676535200923,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021057464","repostId":"1184644801","repostType":4,"repost":{"id":"1184644801","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1652974056,"share":"https://ttm.financial/m/news/1184644801?lang=&edition=fundamental","pubTime":"2022-05-19 23:27","market":"us","language":"en","title":"U.S. Stocks Mixed in Morning Trading, Nasdaq Rose Nearly 0.5% While Dow Jones Slid Over 200 Points","url":"https://stock-news.laohu8.com/highlight/detail?id=1184644801","media":"Tiger Newspress","summary":"U.S. stocks mixed in morning trading. Nasdaq rose 0.46%, while Dow Jones, S&P 500 lost 280.76 points","content":"<html><head></head><body><p>U.S. stocks mixed in morning trading. Nasdaq rose 0.46%, while Dow Jones, S&amp;P 500 lost 280.76 points and 16.38 points separately.<img src=\"https://static.tigerbbs.com/9b4364061a086f449f908429167085ad\" tg-width=\"512\" tg-height=\"123\" width=\"100%\" height=\"auto\"/></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>U.S. Stocks Mixed in Morning Trading, Nasdaq Rose Nearly 0.5% While Dow Jones Slid Over 200 Points</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Mixed in Morning Trading, Nasdaq Rose Nearly 0.5% While Dow Jones Slid Over 200 Points\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-19 23:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks mixed in morning trading. Nasdaq rose 0.46%, while Dow Jones, S&amp;P 500 lost 280.76 points and 16.38 points separately.<img src=\"https://static.tigerbbs.com/9b4364061a086f449f908429167085ad\" tg-width=\"512\" tg-height=\"123\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184644801","content_text":"U.S. stocks mixed in morning trading. Nasdaq rose 0.46%, while Dow Jones, S&P 500 lost 280.76 points and 16.38 points separately.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906538722,"gmtCreate":1659569830468,"gmtModify":1705981635164,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906538722","repostId":"2256411992","repostType":4,"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041334122,"gmtCreate":1656009105566,"gmtModify":1676535749031,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SHOP\">$Shopify(SHOP)$</a>shopify!!","listText":"<a href=\"https://ttm.financial/S/SHOP\">$Shopify(SHOP)$</a>shopify!!","text":"$Shopify(SHOP)$shopify!!","images":[{"img":"https://community-static.tradeup.com/news/64876b4200d0b37026f59505193afdd1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041334122","isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":355545467203888,"gmtCreate":1727805175642,"gmtModify":1727805179960,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SPYD\">$SPDR Portfolio S&amp;P 500 High Dividend ETF(SPYD)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/SPYD\">$SPDR Portfolio S&amp;P 500 High Dividend ETF(SPYD)$ </a>&nbsp;","text":"$SPDR Portfolio S&P 500 High Dividend ETF(SPYD)$","images":[{"img":"https://community-static.tradeup.com/news/afa51ce7156da69dccfe522a74be01fa","width":"1080","height":"1754"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355545467203888","isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9963736255,"gmtCreate":1668753525978,"gmtModify":1676538108306,"author":{"id":"4115693528173732","authorId":"4115693528173732","name":"FNMY","avatar":"https://community-static.tradeup.com/news/352adbcac591de817917c49023219125","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4115693528173732","authorIdStr":"4115693528173732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/BRK.B\">$Berkshire Hathaway(BRK.B)$ &nbsp;</a>","text":"$Berkshire Hathaway(BRK.B)$","images":[{"img":"https://community-static.tradeup.com/news/fb4113300ad552f6ccc0865b7c3cd4cf","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963736255","isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}