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2022-09-06

I think that one has to take in the Macro situation realising great unrest and power struggles that are occurring in many Countries! USA is in its worst place since their Civil War from an sentiment point of view the Country is very divided and the Markets will be a reflection of that & of Course the Biden policies (which any sane person can see are causing many challenges)

Where Will the Bear Market Bottom? History Offers a Very Clear Clue

2022-09-20

One has to feel sorry for the Lady! But there are Scams in every aspect of life and Most conventional institutions try these same things! there are challenges with Central Banks too! who in many Countries can now Legally steal your money with what are called Bail ins! Crypto is one of humanities only hopes of freedom in the Future away from the deceitful institutions we have to deal with daily! For sure Crypto needs some Regulations and they need to be implemented by Crypto experts who understand the space! Not corrupt Politicians who are often the equivalent of legitimate scammers! I can appreciate that is not everyones perspective, but the truth is in all the Actions we have seen over the last 2.5 years. Is there anyone that can be trusted?

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2022-08-08

Very interesting thanks! I agree that Meta will come into its own, because they will piggyback off the Blockchain gaming industry

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2022-08-14

10 years is a long time to wait especially in this uncertain world. Great info & analysis though thanks for sharing 👍

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2022-12-01

😂 It is safe to say, the mainstream media have been paid by him to report in his favour. Thetruth is very sinister indeed.

Sam Bankman-Fried Says He "Didn't Ever Try to Commit Fraud"

Go to Tiger App to see more news

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Thetruth is very sinister indeed.&nbsp;","listText":"😂 It is safe to say, the mainstream media have been paid by him to report in his favour. Thetruth is very sinister indeed.&nbsp;","text":"😂 It is safe to say, the mainstream media have been paid by him to report in his favour. Thetruth is very sinister indeed.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9965963489","repostId":"2288145346","repostType":4,"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910429798,"gmtCreate":1663668141515,"gmtModify":1676537312104,"author":{"id":"4122609936410772","authorId":"4122609936410772","name":"Aldroid","avatar":"https://community-static.tradeup.com/news/8bea39a6c4a2c7fe64a3f345eca12a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122609936410772","authorIdStr":"4122609936410772"},"themes":[],"htmlText":"One has to feel sorry for the Lady! But there are Scams in every aspect of life and Most conventional institutions&nbsp;try these same things! there are&nbsp;challenges with Central Banks too! who in many Countries can now Legally steal your money with what are called Bail ins!&nbsp;Crypto is one of&nbsp;humanities only hopes of freedom in the Future away from the deceitful institutions we have to deal with daily!&nbsp;For sure Crypto needs some Regulations and they need to be implemented by Crypto experts who understand the space! Not corrupt Politicians who are often&nbsp;the equivalent of legitimate scammers! I can appreciate that is not everyones perspective, but the truth is in all the Actions we have seen over the last 2.5 years. Is there anyone that can be trusted?&nbsp;","listText":"One has to feel sorry for the Lady! 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But there are Scams in every aspect of life and Most conventional institutions try these same things! there are challenges with Central Banks too! who in many Countries can now Legally steal your money with what are called Bail ins! Crypto is one of humanities only hopes of freedom in the Future away from the deceitful institutions we have to deal with daily! For sure Crypto needs some Regulations and they need to be implemented by Crypto experts who understand the space! Not corrupt Politicians who are often the equivalent of legitimate scammers! I can appreciate that is not everyones perspective, but the truth is in all the Actions we have seen over the last 2.5 years. Is there anyone that can be trusted?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/9910429798","repostId":"1118105562","repostType":4,"repost":{"id":"1118105562","pubTimestamp":1663662402,"share":"https://ttm.financial/m/news/1118105562?lang=&edition=fundamental","pubTime":"2022-09-20 16:26","market":"us","language":"en","title":"The Lawless World of Crypto Scams","url":"https://stock-news.laohu8.com/highlight/detail?id=1118105562","media":" Financial Times","summary":"Lili was celebrating her birthday when she realised she had been scammed. The 52-year-old Londoner w","content":"<html><head></head><body><p>Lili was celebrating her birthday when she realised she had been scammed. The 52-year-old Londoner was enjoying high tea with her daughter, who works at a hedge fund, when talk turned to a vexing financial problem.</p><p>Lili, not her real name, had started trading cryptocurrencies in March last year, under the guidance of friends she had met online.</p><p>At one point, she had been up $1.4 million. But a bad trade later that year had obliterated most of her gains. Still, she had about $300,000 in one of her crypto trading accounts, close to the total amount she had invested.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2914a7d78d94fa6b85fe5270a7a42b6\" tg-width=\"1100\" tg-height=\"734\" referrerpolicy=\"no-referrer\"/><span>Crypto scammers stole $6.2 billion from victims worldwide last year. David Rowe</span></p><p>Put off by the losses, Lili was ready to quit. To liquidate her remaining tokens and cash in, Lili was told she needed to pay some tax. But when she tried to wire the money to the trading platform, it bounced back.</p><p>Lili’s daughter had heard enough to be alarmed. And, with a sinking feeling, Lili realised her newfound friendships and foray into crypto had been an elaborate scam. This moment of clarity was the start of a gruelling fight for justice.</p><p>Lili is one of thousands of victims swept up in a tidal wave of fraud that accompanied the crypto boom during the COVID-19 pandemic asmore people became interested in investing in cryptocurrency.</p><p>Scammers stole $6.2 billion from victims worldwide last year, according to blockchain research group Chainalysis – an annual increase of about 80 per cent. Losses from crypto-related scams reported to Action Fraud, Britain’s national reporting centre for fraud, more than doubled to £190 million ($323 million) last year compared with 2020. And, by the end of August, losses are 25 per cent higher than the same period last year.</p><p>Yet investigators lack the resources to investigate the accompanying rise in fraud cases – especially when the sums involved in individual scams are seen as relatively small.</p><p>And, with the cost of living crisis set to worsen, British regulators warn another fertile environment for scammers may be on the horizon. “We are concerned that, in current economic circumstances, people could be tempted to invest infake investments,” says Nausicaa Delfas, interim chief executive of the Financial Ombudsman Service.</p><p>Lili’s battle to recover her losses and get justice reflects a gaping divide in consumer protections between people who use regulated financial institutions and those who embrace digital currencies.</p><p>Crypto scams occur outside the system of regulated financial institutions and legal protection that safeguards consumers. And tracing the international networks of faceless criminals behind this fraud presents huge challenges for law enforcement and other investigators.</p><p>“Inevitably, due to the nature of cryptocurrency – that it’s irreversible, anonymous and global – it’s obviously attractive to fraudsters,” says Rich Drury, ombudsman manager at the FOS, which handles complaints against financial companies.</p><h2>Little help on offer</h2><p>The two “friends” who introduced Lili to crypto, having earned her trust over months of chatting online during the loneliness of lockdowns, did not exist. It is possible both aliases belonged to one scammer.</p><p>They shared pictures that testified to their wealth; posing in front of a Bugatti Veyron supercar, showing off a fluffy white dog wearing a Burberry scarf. All the while, they encouraged Lili to plough more money into her, apparently successful, crypto trades.</p><p>She sold one of her two flats in London to raise cash for investment. Lili later discovered the trading site her so-called friends had recommended, and the apps she had downloaded, were spoofs.</p><p>Even though she has lost a significant amount of her life savings, Lili and her fellow victims are unlikely to receive much help. Their losses are not considered significant enough to justify hiring armies of lawyers and consultants for criminal or civil cases – or to rise up the priority list of overstretched police crypto experts.</p><p>Crypto criminals exploit the fact that smaller frauds involving multiple victims in different countries can escape the attention of national authorities. “There’s an economy of scale that fraudsters can work on,” says Carmel King, a director at Grant Thornton, who specialises in asset recovery.</p><p>“Around the world, you are under the radar for all authorities because it doesn’t reach that level where it’s worth significant resources to investigate.”</p><p>That often means victims who suffer life-changing financial loss have nowhere to turn. “On an individual basis, if your loss is relatively low, there are very few options,” adds King. “There’s no point spending £300,000 to recover £100,000.”</p><h2>‘I can’t help everyone’</h2><p>Despite the challenges they face, lawyers and police have racked up a handful of high-profile wins against crypto criminals.</p><p>British courts, in particular, have begun to establish a playbook for recovering stolen crypto following a series of rulings since 2019.</p><p>Courts are now willing to grant global orders to crypto exchanges to freeze and eventually return ill-gotten cash, and to disclose the identity of suspected scammers. If blockchain forensics can rapidly trace stolen funds to an exchange, barristers can be in court the next morning to secure freezing orders.</p><p>“England and Wales is the best jurisdiction in the world if you are a victim of crypto asset fraud,” says Racheal Muldoon, a barrister who has worked on these cases.</p><p>The progress in Britain gave hope to Phoebe, a healthcare professional based in New York, who was defrauded by scammers posing as fellow Christians facing legal difficulties in the Middle East. She sent hundreds of thousands dollars in crypto to support their cause.</p><p>“I was one of those people who thought this could never happen to me. I thought: ‘How stupid can these people be?’ But the scammers are so good,” says Phoebe, who also asked that her real name be withheld. “They would use biblical references to build up your trust and then steal from you.”</p><p>Because some transactions went through UK banks, Phoebe contacted a British lawyer hoping to benefit from their experience in recouping stolen crypto. Even with losses of $US800,000 ($1.2 million), Phoebe eventually concluded private legal action would not be worthwhile.</p><p>Muldoon and other lawyers who specialise in cryptocurrency are inundated with pleas for help, but say the tactics that have led to a handful of successful legal actions in England are out of reach for most victims. “I can’t help everyone,” Muldoon says. “Often, the amount of crypto is so small that I can’t advise that they spend the court fees.”</p><p>Lawyers say cases where the loss is less than £1 million are usually not economically viable.</p><p>Lili also reported her crime to the authorities, including London’s Metropolitan Police. But almost eight months after the scam ended, the detective emailed to say the Facebook profiles used by the scammers had been deleted and the social media trail had gone cold.</p><p>The British police have built up expertise in crypto, according to lawyers and experts in the field, leading to a few multimillion-dollar busts. But they do not have the capacity to cope with the vast number of smaller cases.</p><p>“There’s no confidence at all in the market that the police can help. I think that’s a resource problem, not a skills problem,” says Sam Goodman, a barrister who brought some of the first crypto recovery cases in British courts.</p><p>Action Fraud declined a request for an interview.</p><h2>Exchange of power</h2><p>The crypto sector was built on the idea that traditional financial institutions rip off the little guy, so there is some irony that Lili’s best chance of getting some money back has come through appealing to banks.</p><p>In 2019, the British financial services sector introduced measures to tackle “authorised push payment” (APP) frauds, where customers are tricked into sending money to a scammer. Ten of the largest British banks and payment providers have agreed to compensate fraud victims out of their own pockets, except under certain circumstances, such as if the customer ignored a warning.</p><p>Companies can also be forced to refund victims if they failed to spot suspicious transactions and intervene to warn the customer.</p><p>The system has been criticised for inconsistency and honouring only a small percentage of claims, leading to calls for the rules to be tightened. Nonetheless, it has provided a substantial safety net for victims of smaller scams, whose cases are unlikely to be investigated by police. Banks paid £238 million to victims last year, about half of the total losses to APP fraud, according to the latest data from the banking trade association UK Finance.</p><p>Because some of the money Lili lost to the fraudsters was sent via bank transfer, the two banks involved in her case have offered to refund about 30 per cent of her total losses. She has complained to the Financial Ombudsman Service and is arguing for more.</p><p>Drury at the ombudsman service explains that crypto cases often fall outside the scope of these protections, because the first transaction leaving the victim’s bank account does not go directly to the fraudsters. Instead, they guide victims to buy crypto on a legitimate exchange and then send the tokens to their wallet.</p><p>“One of the issues with many complaints is that the code excludes payments that don’t go to another person in the first instance,” Drury says. “It’s always difficult, but with crypto it’s very difficult to get your money back. You’re almost always relying on redress from your payment provider.”</p><p>That banks provide a line of defence against losses to scammers underlines how heavily the present approach to tackling scams relies on regulated financial institutions.</p><p>“You regulate the intermediaries as a form of protection. And if they are not there, it’s a real problem ... It’s the essence of the entire [crypto] project to disintermediate finance,” says Marc Jones, a partner at the law firm Stewarts who specialises in fraud cases.</p><p>Crypto exchanges – the companies that provide user-friendly services to buy, store and trade digital assets – come closest to replacing the role of banks. “The exchanges are the only thing right now that fills the gap,” Jones adds.</p><h2>Exotic locations</h2><p>But lawyers and fraud investigators say co-operation from exchanges on tackling fraud is patchy, and that companies sometimes fail to collect proper identification data on their customers. Identifying the fraudster via a court order to an exchange is a key step in most anti-scam cases.</p><p>“Sometimes, it’s great. You get a linked bank account or a real passport,” says Goodman. “Very often it’s complete garbage information. It’s a fake passport or a fake utility bill and that’s it.”</p><p>Know-your-customer, or KYC, checks are a regulatory requirement for most financial groups, and are increasingly required of crypto companies in many jurisdictions, including for those based in Britain. Many of the largest crypto exchanges are not subject to these requirements because they are based offshore. OKX, for example, lets users make daily withdrawals of up to 10 bitcoin with no KYC, equivalent to almost $200,000.</p><p>“Unlike banks, cryptocurrency exchanges that locate themselves in exotic places aren’t subject to the same rigorous standards. So even when you can get KYC information, often the quality is very poor,” says Goodman.</p><p>In August, a US congressional committee wrote to five of the largest exchanges to express concern over “the apparent lack of action by cryptocurrency exchanges to protect consumers conducting transactions through their platforms”.</p><p>Exchanges insist their KYC systems are robust, and that their collaboration with law enforcement and ability to detect and trace fraud is better than that of many traditional financial institutions.</p><p>“The quality of information and the assistance that we provide is so much better than I was ever able to get from a bank,” says Tigran Gambaryan, global head of intelligence and investigations at Binance and a former special agent at the US Internal Revenue Service.</p><p>“I think some of the criticism that cryptocurrency exchanges face are outdated and not based on facts,” he adds.</p><h2>Blockchain busting</h2><p>Fraud investigators see the potential afforded by more transactions being recorded on transparent and unalterable blockchain ledgers to make fraud easier to fight.</p><p>“With blockchain-based scams, you have a unique tool set available to you,” says Danielle Haston, a former asset recovery lawyer who now works for Chainalsyis, a company that builds blockchain tracing tools.</p><p>Tracking money through the banking system can be a painstaking process, whereas digital assets can be traced in a few days or even hours. If blockchain sleuths can link one victim to a network involving other crimes responsible for a significant collective loss, it increases the case’s chance of becoming an investigative priority or viable grounds for a joint legal action.</p><p>Phoebe says her stolen funds are linked to a network of wallets handling millions in illicit transactions. She believes this is why detectives are pursuing her case. “I am now about a year away from the start of this,” she says. “It’s painful, but I feel that I’ve actually made progress.”</p><p>The challenge for investigators is to link crypto wallets dealing in stolen funds to real identities. This, investigators argue, is what makes tighter regulation on KYC checks so crucial.</p><p>“There’s this big battle going on at the moment. The philosophical underpinning of crypto begins with crypto anarchists and the idea that you keep things hidden from the state,” says Goodman. “If there was a regime that was as strict as banks, that would be immensely helpful.”</p><blockquote>Seemingly old dusty judges ... are getting their heads around it far quicker than young bright things at the FCA, Revenue and in government.</blockquote><blockquote>—Racheal Muldoon, barrister</blockquote><p>Europe’s sweeping Markets in Crypto-Assets regulation, expected to come into force from next year, includes tougher standards for “virtual asset service providers”, including exchanges. Companies will also be required to have a presence in an EU country to serve clients in the bloc, preventing offshore crypto giants from skirting jurisdiction.</p><p>Progress has been slower in Britain. The Treasury started work on comprehensive crypto regulation, spearheaded by Rishi Sunak as chancellor and John Glen as City minister when Boris Johnson was prime minister.</p><p>Lisa Cameron, the MP who chairs the British parliamentary group on crypto, is pushing for a redress scheme to be part of any future regulatory framework.</p><p>Although the courts have made progress applying the law to crypto cases, barristers such as Muldoon say regulators are not keeping up. “Seemingly old dusty judges – all due respect to them – are getting their heads around it far quicker than young bright things at the FCA, Revenue and in government,” she says. “It needs to change.”</p><p>She believes public and regulatory pressure will eventually force exchanges, like banks, to do more to tackle fraud. “They will have to spend more money and time,” she says. “It can’t carry on as it is.”</p><p>For Lili, the battle for restitution has dragged on for as long as the fraud itself, with little prospect of resolution. For months, she was unable to talk about the losses without bursting into tears. That her case is unresolved makes it difficult to move on.</p><p>“I feel horrible. Really, really horrible. I can’t believe I’ve been fooled at my age,” she says. “I need justice.”</p></body></html>","source":"lsy1580170736413","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>The Lawless World of Crypto Scams</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\">\nThe Lawless World of Crypto Scams\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-20 16:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/5987649e-9345-4eae-a4b8-9bfb0142a2ab><strong> Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lili was celebrating her birthday when she realised she had been scammed. The 52-year-old Londoner was enjoying high tea with her daughter, who works at a hedge fund, when talk turned to a vexing ...</p>\n\n<a href=\"https://www.ft.com/content/5987649e-9345-4eae-a4b8-9bfb0142a2ab\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.ft.com/content/5987649e-9345-4eae-a4b8-9bfb0142a2ab","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118105562","content_text":"Lili was celebrating her birthday when she realised she had been scammed. The 52-year-old Londoner was enjoying high tea with her daughter, who works at a hedge fund, when talk turned to a vexing financial problem.Lili, not her real name, had started trading cryptocurrencies in March last year, under the guidance of friends she had met online.At one point, she had been up $1.4 million. But a bad trade later that year had obliterated most of her gains. Still, she had about $300,000 in one of her crypto trading accounts, close to the total amount she had invested.Crypto scammers stole $6.2 billion from victims worldwide last year. David RowePut off by the losses, Lili was ready to quit. To liquidate her remaining tokens and cash in, Lili was told she needed to pay some tax. But when she tried to wire the money to the trading platform, it bounced back.Lili’s daughter had heard enough to be alarmed. And, with a sinking feeling, Lili realised her newfound friendships and foray into crypto had been an elaborate scam. This moment of clarity was the start of a gruelling fight for justice.Lili is one of thousands of victims swept up in a tidal wave of fraud that accompanied the crypto boom during the COVID-19 pandemic asmore people became interested in investing in cryptocurrency.Scammers stole $6.2 billion from victims worldwide last year, according to blockchain research group Chainalysis – an annual increase of about 80 per cent. Losses from crypto-related scams reported to Action Fraud, Britain’s national reporting centre for fraud, more than doubled to £190 million ($323 million) last year compared with 2020. And, by the end of August, losses are 25 per cent higher than the same period last year.Yet investigators lack the resources to investigate the accompanying rise in fraud cases – especially when the sums involved in individual scams are seen as relatively small.And, with the cost of living crisis set to worsen, British regulators warn another fertile environment for scammers may be on the horizon. “We are concerned that, in current economic circumstances, people could be tempted to invest infake investments,” says Nausicaa Delfas, interim chief executive of the Financial Ombudsman Service.Lili’s battle to recover her losses and get justice reflects a gaping divide in consumer protections between people who use regulated financial institutions and those who embrace digital currencies.Crypto scams occur outside the system of regulated financial institutions and legal protection that safeguards consumers. And tracing the international networks of faceless criminals behind this fraud presents huge challenges for law enforcement and other investigators.“Inevitably, due to the nature of cryptocurrency – that it’s irreversible, anonymous and global – it’s obviously attractive to fraudsters,” says Rich Drury, ombudsman manager at the FOS, which handles complaints against financial companies.Little help on offerThe two “friends” who introduced Lili to crypto, having earned her trust over months of chatting online during the loneliness of lockdowns, did not exist. It is possible both aliases belonged to one scammer.They shared pictures that testified to their wealth; posing in front of a Bugatti Veyron supercar, showing off a fluffy white dog wearing a Burberry scarf. All the while, they encouraged Lili to plough more money into her, apparently successful, crypto trades.She sold one of her two flats in London to raise cash for investment. Lili later discovered the trading site her so-called friends had recommended, and the apps she had downloaded, were spoofs.Even though she has lost a significant amount of her life savings, Lili and her fellow victims are unlikely to receive much help. Their losses are not considered significant enough to justify hiring armies of lawyers and consultants for criminal or civil cases – or to rise up the priority list of overstretched police crypto experts.Crypto criminals exploit the fact that smaller frauds involving multiple victims in different countries can escape the attention of national authorities. “There’s an economy of scale that fraudsters can work on,” says Carmel King, a director at Grant Thornton, who specialises in asset recovery.“Around the world, you are under the radar for all authorities because it doesn’t reach that level where it’s worth significant resources to investigate.”That often means victims who suffer life-changing financial loss have nowhere to turn. “On an individual basis, if your loss is relatively low, there are very few options,” adds King. “There’s no point spending £300,000 to recover £100,000.”‘I can’t help everyone’Despite the challenges they face, lawyers and police have racked up a handful of high-profile wins against crypto criminals.British courts, in particular, have begun to establish a playbook for recovering stolen crypto following a series of rulings since 2019.Courts are now willing to grant global orders to crypto exchanges to freeze and eventually return ill-gotten cash, and to disclose the identity of suspected scammers. If blockchain forensics can rapidly trace stolen funds to an exchange, barristers can be in court the next morning to secure freezing orders.“England and Wales is the best jurisdiction in the world if you are a victim of crypto asset fraud,” says Racheal Muldoon, a barrister who has worked on these cases.The progress in Britain gave hope to Phoebe, a healthcare professional based in New York, who was defrauded by scammers posing as fellow Christians facing legal difficulties in the Middle East. She sent hundreds of thousands dollars in crypto to support their cause.“I was one of those people who thought this could never happen to me. I thought: ‘How stupid can these people be?’ But the scammers are so good,” says Phoebe, who also asked that her real name be withheld. “They would use biblical references to build up your trust and then steal from you.”Because some transactions went through UK banks, Phoebe contacted a British lawyer hoping to benefit from their experience in recouping stolen crypto. Even with losses of $US800,000 ($1.2 million), Phoebe eventually concluded private legal action would not be worthwhile.Muldoon and other lawyers who specialise in cryptocurrency are inundated with pleas for help, but say the tactics that have led to a handful of successful legal actions in England are out of reach for most victims. “I can’t help everyone,” Muldoon says. “Often, the amount of crypto is so small that I can’t advise that they spend the court fees.”Lawyers say cases where the loss is less than £1 million are usually not economically viable.Lili also reported her crime to the authorities, including London’s Metropolitan Police. But almost eight months after the scam ended, the detective emailed to say the Facebook profiles used by the scammers had been deleted and the social media trail had gone cold.The British police have built up expertise in crypto, according to lawyers and experts in the field, leading to a few multimillion-dollar busts. But they do not have the capacity to cope with the vast number of smaller cases.“There’s no confidence at all in the market that the police can help. I think that’s a resource problem, not a skills problem,” says Sam Goodman, a barrister who brought some of the first crypto recovery cases in British courts.Action Fraud declined a request for an interview.Exchange of powerThe crypto sector was built on the idea that traditional financial institutions rip off the little guy, so there is some irony that Lili’s best chance of getting some money back has come through appealing to banks.In 2019, the British financial services sector introduced measures to tackle “authorised push payment” (APP) frauds, where customers are tricked into sending money to a scammer. Ten of the largest British banks and payment providers have agreed to compensate fraud victims out of their own pockets, except under certain circumstances, such as if the customer ignored a warning.Companies can also be forced to refund victims if they failed to spot suspicious transactions and intervene to warn the customer.The system has been criticised for inconsistency and honouring only a small percentage of claims, leading to calls for the rules to be tightened. Nonetheless, it has provided a substantial safety net for victims of smaller scams, whose cases are unlikely to be investigated by police. Banks paid £238 million to victims last year, about half of the total losses to APP fraud, according to the latest data from the banking trade association UK Finance.Because some of the money Lili lost to the fraudsters was sent via bank transfer, the two banks involved in her case have offered to refund about 30 per cent of her total losses. She has complained to the Financial Ombudsman Service and is arguing for more.Drury at the ombudsman service explains that crypto cases often fall outside the scope of these protections, because the first transaction leaving the victim’s bank account does not go directly to the fraudsters. Instead, they guide victims to buy crypto on a legitimate exchange and then send the tokens to their wallet.“One of the issues with many complaints is that the code excludes payments that don’t go to another person in the first instance,” Drury says. “It’s always difficult, but with crypto it’s very difficult to get your money back. You’re almost always relying on redress from your payment provider.”That banks provide a line of defence against losses to scammers underlines how heavily the present approach to tackling scams relies on regulated financial institutions.“You regulate the intermediaries as a form of protection. And if they are not there, it’s a real problem ... It’s the essence of the entire [crypto] project to disintermediate finance,” says Marc Jones, a partner at the law firm Stewarts who specialises in fraud cases.Crypto exchanges – the companies that provide user-friendly services to buy, store and trade digital assets – come closest to replacing the role of banks. “The exchanges are the only thing right now that fills the gap,” Jones adds.Exotic locationsBut lawyers and fraud investigators say co-operation from exchanges on tackling fraud is patchy, and that companies sometimes fail to collect proper identification data on their customers. Identifying the fraudster via a court order to an exchange is a key step in most anti-scam cases.“Sometimes, it’s great. You get a linked bank account or a real passport,” says Goodman. “Very often it’s complete garbage information. It’s a fake passport or a fake utility bill and that’s it.”Know-your-customer, or KYC, checks are a regulatory requirement for most financial groups, and are increasingly required of crypto companies in many jurisdictions, including for those based in Britain. Many of the largest crypto exchanges are not subject to these requirements because they are based offshore. OKX, for example, lets users make daily withdrawals of up to 10 bitcoin with no KYC, equivalent to almost $200,000.“Unlike banks, cryptocurrency exchanges that locate themselves in exotic places aren’t subject to the same rigorous standards. So even when you can get KYC information, often the quality is very poor,” says Goodman.In August, a US congressional committee wrote to five of the largest exchanges to express concern over “the apparent lack of action by cryptocurrency exchanges to protect consumers conducting transactions through their platforms”.Exchanges insist their KYC systems are robust, and that their collaboration with law enforcement and ability to detect and trace fraud is better than that of many traditional financial institutions.“The quality of information and the assistance that we provide is so much better than I was ever able to get from a bank,” says Tigran Gambaryan, global head of intelligence and investigations at Binance and a former special agent at the US Internal Revenue Service.“I think some of the criticism that cryptocurrency exchanges face are outdated and not based on facts,” he adds.Blockchain bustingFraud investigators see the potential afforded by more transactions being recorded on transparent and unalterable blockchain ledgers to make fraud easier to fight.“With blockchain-based scams, you have a unique tool set available to you,” says Danielle Haston, a former asset recovery lawyer who now works for Chainalsyis, a company that builds blockchain tracing tools.Tracking money through the banking system can be a painstaking process, whereas digital assets can be traced in a few days or even hours. If blockchain sleuths can link one victim to a network involving other crimes responsible for a significant collective loss, it increases the case’s chance of becoming an investigative priority or viable grounds for a joint legal action.Phoebe says her stolen funds are linked to a network of wallets handling millions in illicit transactions. She believes this is why detectives are pursuing her case. “I am now about a year away from the start of this,” she says. “It’s painful, but I feel that I’ve actually made progress.”The challenge for investigators is to link crypto wallets dealing in stolen funds to real identities. This, investigators argue, is what makes tighter regulation on KYC checks so crucial.“There’s this big battle going on at the moment. The philosophical underpinning of crypto begins with crypto anarchists and the idea that you keep things hidden from the state,” says Goodman. “If there was a regime that was as strict as banks, that would be immensely helpful.”Seemingly old dusty judges ... are getting their heads around it far quicker than young bright things at the FCA, Revenue and in government.—Racheal Muldoon, barristerEurope’s sweeping Markets in Crypto-Assets regulation, expected to come into force from next year, includes tougher standards for “virtual asset service providers”, including exchanges. Companies will also be required to have a presence in an EU country to serve clients in the bloc, preventing offshore crypto giants from skirting jurisdiction.Progress has been slower in Britain. The Treasury started work on comprehensive crypto regulation, spearheaded by Rishi Sunak as chancellor and John Glen as City minister when Boris Johnson was prime minister.Lisa Cameron, the MP who chairs the British parliamentary group on crypto, is pushing for a redress scheme to be part of any future regulatory framework.Although the courts have made progress applying the law to crypto cases, barristers such as Muldoon say regulators are not keeping up. “Seemingly old dusty judges – all due respect to them – are getting their heads around it far quicker than young bright things at the FCA, Revenue and in government,” she says. “It needs to change.”She believes public and regulatory pressure will eventually force exchanges, like banks, to do more to tackle fraud. “They will have to spend more money and time,” she says. “It can’t carry on as it is.”For Lili, the battle for restitution has dragged on for as long as the fraud itself, with little prospect of resolution. For months, she was unable to talk about the losses without bursting into tears. That her case is unresolved makes it difficult to move on.“I feel horrible. Really, really horrible. I can’t believe I’ve been fooled at my age,” she says. “I need justice.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931841204,"gmtCreate":1662435798608,"gmtModify":1676537060152,"author":{"id":"4122609936410772","authorId":"4122609936410772","name":"Aldroid","avatar":"https://community-static.tradeup.com/news/8bea39a6c4a2c7fe64a3f345eca12a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122609936410772","authorIdStr":"4122609936410772"},"themes":[],"htmlText":"I think that one has to take in the Macro situation realising great unrest and power struggles that are occurring in many Countries! USA is in its worst place since their Civil War from an sentiment point of view the Country is very divided and the Markets will be a reflection of that &amp; of Course the Biden policies (which any sane person can see are causing many challenges)&nbsp;","listText":"I think that one has to take in the Macro situation realising great unrest and power struggles that are occurring in many Countries! USA is in its worst place since their Civil War from an sentiment point of view the Country is very divided and the Markets will be a reflection of that &amp; of Course the Biden policies (which any sane person can see are causing many challenges)&nbsp;","text":"I think that one has to take in the Macro situation realising great unrest and power struggles that are occurring in many Countries! USA is in its worst place since their Civil War from an sentiment point of view the Country is very divided and the Markets will be a reflection of that & of Course the Biden policies (which any sane person can see are causing many challenges)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":33,"commentSize":18,"repostSize":0,"link":"https://ttm.financial/post/9931841204","repostId":"2264710715","repostType":2,"repost":{"id":"2264710715","pubTimestamp":1662421459,"share":"https://ttm.financial/m/news/2264710715?lang=&edition=fundamental","pubTime":"2022-09-06 07:44","market":"us","language":"en","title":"Where Will the Bear Market Bottom? History Offers a Very Clear Clue","url":"https://stock-news.laohu8.com/highlight/detail?id=2264710715","media":"Motley Fool","summary":"Two indicators with a successful history of calling bottoms provide a range of where the S&P 500 could eventually bounce.","content":"<html><head></head><body><p>You probably don&#39;t need me to tell you this, but 2022 has been one of the most challenging years on record for everyone from Wall Street professionals to everyday investors. The first half of the year saw the benchmark <b>S&amp;P 500</b>, which is the broadest barometer of stock-market health, produce its worst return in 52 years. The growth-dependent <b>Nasdaq Composite</b> fared even worse, with the index losing as much as a third of its value on a peak-to-trough basis.</p><p>With two of Wall Street&#39;s big three indexes falling into bear market territory -- the timeless <b>Dow Jones Industrial Average</b> maxed out at a peak decline of 19% -- and testing the resolve of investors, the critical question has become: &#34;Where will the bear market bottom?&#34;</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F698954%2Fstock-market-crash-plunge-dollar-newspaper-invest-dow-sp-500-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><p>While the official answer is that we don&#39;t know with any certainty, history offers a number of very clear clues as to where the S&amp;P 500 could trough. In particular, two indicators provide a range of where we can expect the bear market to bottom.</p><h2>Valuation plays a key role during bear markets</h2><p>Whereas Wall Street is willing to tolerate higher valuations when the U.S. and global economy are firing on all cylinders, analysts and investors become much more critical of stock valuations when corrections and bear markets arise. That&#39;s why the S&amp;P 500&#39;s forward-year price-to-earnings (P/E) ratio can come in handy.</p><p>The S&amp;P 500&#39;s forward P/E divides the aggregate point value of the S&amp;P 500 Index into the consensus earnings-per-share forecast for Wall Street in the upcoming year (in this instance, 2023).</p><p>With two exceptions -- the Great Recession between 2007 and 2009, where valuations were truly depressed given the uncertain state of the U.S. financial system, and the double-digit percentage pullback for the broader market in 2011 -- the S&amp;P 500&#39;s forward P/E has accurately predicted the bottom of every other notable decline since the mid-1990s. Specifically, we&#39;ve witnessed the benchmark index&#39;s forward-year P/E bottom between 13 and 14. This is where the S&amp;P 500 found its bottom following the dot-com bubble in 2002, during the nearly 20% pullback in the fourth quarter of 2018, and following the coronavirus crash.</p><p>As of Aug. 31, the S&amp;P 500&#39;s forward-year P/E stood at 16.8. Based on the noted range of 13 to 14, this would imply further downside to the S&amp;P 500 of 16.7% to 22.6%. In other words, as long as the earnings component of the benchmark index doesn&#39;t drastically change, this indicator would imply a bear-market bottom between 3,061 and 3,296.</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F698954%2Fmoney-under-chain-and-lock-debt-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"469\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>Margin debt tells a grimmer story</h2><p>While the S&amp;P 500&#39;s forward-year P/E ratio provides an upper bound of where history would suggest the bear market is headed, outstanding margin debt tells a more worrisome story.</p><p>&#34;Margin debt&#34; describes the amount of money being borrowed, with interest, by investors to purchase or short-sell securities. Although it&#39;s perfectly normal for margin debt to increase over time as the value of U.S. equities grows, it&#39;s anything but normal to see margin debt rise significantly, on a percentage basis, over a short period.</p><p>Since 1995, there have only been three instances where margin debt increased by 60% or more on a trailing-12-month basis. It occurred immediately prior to the dot-com bubble bursting in 2000, just months prior to the financial crisis taking shape in 2007, and once more in 2021. Following the previous two instances where margin debt skyrocketed in excess of 60% in the trailing-12-month period, the S&amp;P 500 lost 49% and 57% of its respective value before finding a bottom.</p><p>If we simplify this to a general loss of 50% of the S&amp;P 500&#39;s value, the bottom range for the index, based on what margin debt history tells us, is 2,409 (half of the 4,818 intra-day high).</p><p>In other words, two leading indicators with a history of successfully calling a number of bear-market bottoms suggest the S&amp;P 500 could fall to 2,409 in a worst-case scenario, or bounce up to 3,296 if corporate earnings hold up better than expected.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f32133e82b0cc864931cf2557b7c93cd\" tg-width=\"720\" tg-height=\"433\" width=\"100%\" height=\"auto\"/><span>^SPX data by YCharts.</span></p><h2>The one figure more powerful than any bear-market-bottom indicator</h2><p>Obviously, these indicators could be wrong, and the June 2022 bear-market low of 3,636 could hold firm for the S&amp;P 500. If there were indicators that were right 100% of the time, every Wall Street professional and retail investor would be using them by now.</p><p>Regardless of whether the S&amp;P 500, Nasdaq Composite, and Dow Jones industrial Average have already found their respective bottoms or still have additional downside, one figure does offer a practical guarantee -- and all it requires is your patience.</p><p>Every year, stock-market analytics provider Crestmont Research publishes data highlighting the 20-year rolling total returns (which include dividends paid) for the S&amp;P 500 since 1919. In other words, Crestmont is looking at the average annual total return investors would have made by buying and holding an S&amp;P 500 tracking index for 20 years over each of the past 103 end years (1919-2021).</p><p>The result? Investors made money 103 out of 103 times if they purchased an S&amp;P 500 tracking index and held it for 20 years. What&#39;s more, approximately 40% of these 103 end years produced an average annual total return of at least 10.9%. Investors weren&#39;t just scraping by holding an S&amp;P 500 index. They were doubling their money about every seven years in roughly 40% of all rolling 20-year periods.</p><p>That means that investors shouldn&#39;t be afraid to put money to work on Wall Street either now or in the future. If you&#39;re a long-term investor, time is a far more powerful ally than any bear-market bottom indicator.</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>Where Will the Bear Market Bottom? History Offers a Very Clear Clue</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\">\nWhere Will the Bear Market Bottom? History Offers a Very Clear Clue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-06 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/04/where-will-bear-market-bottom-history-offers-clue/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You probably don't need me to tell you this, but 2022 has been one of the most challenging years on record for everyone from Wall Street professionals to everyday investors. The first half of the year...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/04/where-will-bear-market-bottom-history-offers-clue/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.fool.com/investing/2022/09/04/where-will-bear-market-bottom-history-offers-clue/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264710715","content_text":"You probably don't need me to tell you this, but 2022 has been one of the most challenging years on record for everyone from Wall Street professionals to everyday investors. The first half of the year saw the benchmark S&P 500, which is the broadest barometer of stock-market health, produce its worst return in 52 years. The growth-dependent Nasdaq Composite fared even worse, with the index losing as much as a third of its value on a peak-to-trough basis.With two of Wall Street's big three indexes falling into bear market territory -- the timeless Dow Jones Industrial Average maxed out at a peak decline of 19% -- and testing the resolve of investors, the critical question has become: \"Where will the bear market bottom?\"Image source: Getty Images.While the official answer is that we don't know with any certainty, history offers a number of very clear clues as to where the S&P 500 could trough. In particular, two indicators provide a range of where we can expect the bear market to bottom.Valuation plays a key role during bear marketsWhereas Wall Street is willing to tolerate higher valuations when the U.S. and global economy are firing on all cylinders, analysts and investors become much more critical of stock valuations when corrections and bear markets arise. That's why the S&P 500's forward-year price-to-earnings (P/E) ratio can come in handy.The S&P 500's forward P/E divides the aggregate point value of the S&P 500 Index into the consensus earnings-per-share forecast for Wall Street in the upcoming year (in this instance, 2023).With two exceptions -- the Great Recession between 2007 and 2009, where valuations were truly depressed given the uncertain state of the U.S. financial system, and the double-digit percentage pullback for the broader market in 2011 -- the S&P 500's forward P/E has accurately predicted the bottom of every other notable decline since the mid-1990s. Specifically, we've witnessed the benchmark index's forward-year P/E bottom between 13 and 14. This is where the S&P 500 found its bottom following the dot-com bubble in 2002, during the nearly 20% pullback in the fourth quarter of 2018, and following the coronavirus crash.As of Aug. 31, the S&P 500's forward-year P/E stood at 16.8. Based on the noted range of 13 to 14, this would imply further downside to the S&P 500 of 16.7% to 22.6%. In other words, as long as the earnings component of the benchmark index doesn't drastically change, this indicator would imply a bear-market bottom between 3,061 and 3,296.Image source: Getty Images.Margin debt tells a grimmer storyWhile the S&P 500's forward-year P/E ratio provides an upper bound of where history would suggest the bear market is headed, outstanding margin debt tells a more worrisome story.\"Margin debt\" describes the amount of money being borrowed, with interest, by investors to purchase or short-sell securities. Although it's perfectly normal for margin debt to increase over time as the value of U.S. equities grows, it's anything but normal to see margin debt rise significantly, on a percentage basis, over a short period.Since 1995, there have only been three instances where margin debt increased by 60% or more on a trailing-12-month basis. It occurred immediately prior to the dot-com bubble bursting in 2000, just months prior to the financial crisis taking shape in 2007, and once more in 2021. Following the previous two instances where margin debt skyrocketed in excess of 60% in the trailing-12-month period, the S&P 500 lost 49% and 57% of its respective value before finding a bottom.If we simplify this to a general loss of 50% of the S&P 500's value, the bottom range for the index, based on what margin debt history tells us, is 2,409 (half of the 4,818 intra-day high).In other words, two leading indicators with a history of successfully calling a number of bear-market bottoms suggest the S&P 500 could fall to 2,409 in a worst-case scenario, or bounce up to 3,296 if corporate earnings hold up better than expected.^SPX data by YCharts.The one figure more powerful than any bear-market-bottom indicatorObviously, these indicators could be wrong, and the June 2022 bear-market low of 3,636 could hold firm for the S&P 500. If there were indicators that were right 100% of the time, every Wall Street professional and retail investor would be using them by now.Regardless of whether the S&P 500, Nasdaq Composite, and Dow Jones industrial Average have already found their respective bottoms or still have additional downside, one figure does offer a practical guarantee -- and all it requires is your patience.Every year, stock-market analytics provider Crestmont Research publishes data highlighting the 20-year rolling total returns (which include dividends paid) for the S&P 500 since 1919. In other words, Crestmont is looking at the average annual total return investors would have made by buying and holding an S&P 500 tracking index for 20 years over each of the past 103 end years (1919-2021).The result? Investors made money 103 out of 103 times if they purchased an S&P 500 tracking index and held it for 20 years. What's more, approximately 40% of these 103 end years produced an average annual total return of at least 10.9%. Investors weren't just scraping by holding an S&P 500 index. They were doubling their money about every seven years in roughly 40% of all rolling 20-year periods.That means that investors shouldn't be afraid to put money to work on Wall Street either now or in the future. If you're a long-term investor, time is a far more powerful ally than any bear-market bottom indicator.","news_type":1},"isVote":1,"tweetType":1,"viewCount":537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999336259,"gmtCreate":1660461623873,"gmtModify":1676533475766,"author":{"id":"4122609936410772","authorId":"4122609936410772","name":"Aldroid","avatar":"https://community-static.tradeup.com/news/8bea39a6c4a2c7fe64a3f345eca12a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122609936410772","authorIdStr":"4122609936410772"},"themes":[],"htmlText":"10 years is a long time to wait especially in this uncertain world. Great info &amp; analysis though thanks for sharing 👍","listText":"10 years is a long time to wait especially in this uncertain world. Great info &amp; analysis though thanks for sharing 👍","text":"10 years is a long time to wait especially in this uncertain world. Great info & analysis though thanks for sharing 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999336259","repostId":"2259268147","repostType":2,"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905739167,"gmtCreate":1659935023761,"gmtModify":1703476172950,"author":{"id":"4122609936410772","authorId":"4122609936410772","name":"Aldroid","avatar":"https://community-static.tradeup.com/news/8bea39a6c4a2c7fe64a3f345eca12a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122609936410772","authorIdStr":"4122609936410772"},"themes":[],"htmlText":"Very interesting thanks! I agree that Meta will come into its own, because they will piggyback off&nbsp;the Blockchain gaming industry","listText":"Very interesting thanks! I agree that Meta will come into its own, because they will piggyback off&nbsp;the Blockchain gaming industry","text":"Very interesting thanks! I agree that Meta will come into its own, because they will piggyback off the Blockchain gaming industry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905739167","repostId":"2257126136","repostType":4,"repost":{"id":"2257126136","pubTimestamp":1659912427,"share":"https://ttm.financial/m/news/2257126136?lang=&edition=fundamental","pubTime":"2022-08-08 06:47","market":"us","language":"en","title":"Prediction: These Will Be the 10 Largest Stocks by 2030","url":"https://stock-news.laohu8.com/highlight/detail?id=2257126136","media":"Motley Fool","summary":"Change is common on Wall Street, and there could be a major shake-up among the largest stocks by the turn of the decade.","content":"<html><head></head><body><p>For more than a century, Wall Street has been a wealth-building machine for those who are patient. Over long periods, high-quality companies and the indexes they&#39;re a part of tend to increase in value.</p><p>Something else that&#39;s commonplace on Wall Street is change. It&#39;s perfectly normal for innovation, acquisitions, competitive advantages, and other factors to shake up the world&#39;s largest publicly traded companies on a fairly regular basis.</p><p>Just 18 years ago, companies like <b>General Electric</b>, <b>AIG</b>, and <b>Intel</b> were among the 10 largest publicly traded companies by market cap. As of Aug. 4, Intel wasn&#39;t even in the top 50 any longer, while GE and AIG had fallen out of the top 125 and top 250, respectively. Eight years from now, in 2030, the stock market&#39;s 10 largest stocks could look vastly different than they do today.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16d711291c526c90f22832ea8dbaa542\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p>While absolutely nothing is set in stone, I predict that the following 10 stocks will have the largest market caps by 2030. Note that these 10 companies aren&#39;t listed in any particular order.</p><h2>1. Berkshire Hathaway</h2><p>The first stock, conglomerate <b>Berkshire Hathaway</b>, should retain its spot in the top 10, even if billionaire CEO Warren Buffett isn&#39;t at the helm come 2030. After overseeing an average annual return on the company&#39;s Class A shares (BRK.A) of 20.1% since 1965, Buffett has clearly shown he&#39;s set his company up for long-term success.</p><p>One factor that makes Berkshire Hathaway such an incredible company is the mountain of passive income it collects every year. Over the next 12 months, Buffett&#39;s company is expected to bring in well over $6 billion in dividend income, with $4.25 billion coming from just a handful of companies. Because dividend stocks have a long history of outperforming nondividend payers, holding these time-tested companies for years or decades provides an added boost.</p><h2>2. Apple</h2><p>Perhaps the least-surprising prediction is that the largest publicly traded company in the U.S., <b>Apple</b>, will remain in the top 10 largest stocks by market cap by 2030.</p><p>Aside from an easily recognized brand name and faithful customer base, Apple&#39;s innovation is key to its success. Introducing a 5G-capable iPhone quickly pushed up its market share in the U.S., while CEO Tim Cook is busy leading a multiyear transition that emphasizes subscription services. Ultimately, subscriptions should boost Apple&#39;s operating margins and lessen the sales volatility witnessed during product replacement cycles.</p><p>Apple has also repurchased $520 billion worth of its own common stock since the beginning of 2013. If this aggressive buyback program continues, value investors are likely to continue plowing into Apple.</p><h2>3. Visa</h2><p>Payment processor <b>Visa</b> currently finds itself on the outside looking in (No. 11). By the turn of the decade, I expect it to firmly find itself as one of the 10 largest companies by market cap.</p><p>Visa&#39;s opportunity for expansion is enormous. Most global transactions are still being conducted in cash, which means it can expand organically into underbanked regions, such as the Middle East, Africa, and Southeastern Asia, or lean on acquisitions to grow (e.g., the Visa Europe buyout in 2016). Sustained double-digit annual growth should be the expectation throughout the decade.</p><p>What&#39;s more, Visa strictly sticks to payment processing. Although the company would probably do just fine as a lender, it would also expose Visa to potential loan delinquencies and losses during recessions. By avoiding lending, Visa is able to bounce back from economic downturns faster than its peers and maintain a profit margin above 50%.</p><h2>4. Alphabet</h2><p>Another FAANG stock that has an exceptionally high likelihood of retaining its top-10 ranking by market cap come 2030 is <b>Alphabet</b>, the parent company of internet search engine Google and streaming platform YouTube.</p><p>Google has long been Alphabet&#39;s foundational operating segment. Over the past two years, it&#39;s handled no less than 91% of global internet search share, a big reason why Alphabet sports such incredible ad-pricing power. As traffic acquisition costs decline over time, Google should continue to be a cash cow for the company.</p><p>But Alphabet&#39;s future is about its higher-growth initiatives like YouTube and Google Cloud. YouTube has grown into the second-most-visited social site in the world, while Google Cloud has gobbled up 8% of global cloud infrastructure spending.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72753f29fd92e186bec3ea1c1d331f6b\" tg-width=\"700\" tg-height=\"510\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>5. Salesforce</h2><p>Cloud-based customer relationship management (CRM) software provider <b>Salesforce</b> could make one of the biggest leaps (currently No. 43) in terms of market cap by 2030. CRM software is what&#39;s used to help businesses enhance customer relationships and boost sales.</p><p>Global CRM software sales are expected to sustain double-digit growth through at least mid-decade, which is great news for the industry&#39;s unquestioned leader. According to IDC, Salesforce commanded a 23.8% share of CRM software spending in 2021 (over four times its next-closest competitor).</p><p>In addition to its commanding market share, co-CEO and co-founder Marc Benioff has a penchant for making earnings-accretive acquisitions. These deals broaden the Salesforce ecosystem and help with the company&#39;s cross-selling opportunities.</p><h2>6. Amazon</h2><p>E-commerce stock <b>Amazon</b> is another really strong bet to retain its spot in among the 10 largest stocks by the turn of the decade.</p><p>Most folks know Amazon for its industry-leading online marketplace. In 2022, eMarketer projects that Amazon will account for 39.5% of all U.S. online retail sales. But the real crown jewel is the more than 200 million Prime members who&#39;ve signed up as a result of its leading marketplace. The fees collected from Prime members help Amazon expand its logistics network and reinvest in high-growth initiatives.</p><p>There&#39;s also Amazon Web Services (AWS), which is the global No. 1 in cloud infrastructure spending with 33% market share. Corporate cloud spending is still in its early innings, which means Amazon&#39;s operating cash flow could skyrocket in the years ahead.</p><h2>7. PayPal Holdings</h2><p>The company I predict will make the biggest leap into the top 10 stocks by market cap is fintech giant <b>PayPal Holdings</b>. PayPal is currently No. 88, with a $112 billion market cap.</p><p>Digital payments are still in their infancy, which bodes well for fee-based payment platforms. Even with U.S. gross domestic product declining in back-to-back quarters, PayPal&#39;s total payment volume on its network continues to grow by a double-digit percentage on a constant-currency basis.</p><p>Arguably even more important, active users are more engaged than ever. At the end of 2020, active users were completing 40.9 transactions over the trailing 12 months (ttm). This figure is up to 48.7 transactions per active account on a ttm basis through June 2022, and it continues to climb.</p><h2>8. Microsoft</h2><p>Software kingpin <b>Microsoft</b>, the only company from the 10 largest stocks by market cap in 1999 to still have a top-10 position today, has a good shot at sustaining its dominance throughout the decade.</p><p>Microsoft&#39;s success is a function of raking in mammoth amounts of cash flow from its legacy operations and funneling this cash into faster-growing projects. For instance, even though its high-margin Windows franchise is generally a slow grower, it still accounts for a 76% share of global desktop operating systems.</p><p>Microsoft is utilizing this cash flow to reinvest in a variety of cloud initiatives -- Azure is the global No. 2 in cloud infrastructure spending and grew sales by 46% on a constant-currency basis in the June-ended quarter -- and fuel acquisitions.  For instance, Microsoft offered $68.7 billion to acquire gaming company <b>Activision Blizzard</b> in January.</p><h2>9. Chevron</h2><p>Despite a feverish renewable energy push by most developed countries, I predict oil and gas major <b>Chevron</b> will find its way into 10 largest publicly traded companies by market cap in 2030.</p><p>The biggest reason for this push is the expectation that oil and natural gas prices will remain elevated for many years to come. The pandemic resulted in multiple years of reduced domestic and international drilling and pipeline investment. Couple this with Russia - Ukraine war, and you&#39;ll see there&#39;s a clear risk to global energy supply.</p><p>Chevron is also in excellent financial shape compared to most other integrated oil stocks. By prudently deploying its capital and minimizing debt, Chevron has been able to maintain its superior dividend, repurchase its own stock, and fund key natural gas projects in the Asia-Pacific region.</p><h2>10. <a href=\"https://laohu8.com/S/META\">Meta Platforms</a></h2><p>Lastly, social media stock <b>Meta Platforms</b>, the company formerly known as Facebook, should find itself as one of the 10 largest stocks in 2030. You&#39;ll note that current top-10 stocks <b>Tesla</b>, <b>UnitedHealth Group</b>, <b>Nvidia</b>, and <b>Johnson &amp; Johnson</b>, didn&#39;t make the cut.</p><p>Although social media usage statistics can be extremely fickle to project one year in advance, let alone in eight years, Meta has four of the most downloaded apps in the world. On a combined basis, Facebook, Instagram, WhatsApp, and Facebook Messenger attracted 3.65 billion monthly active users in the June-ended quarter. That&#39;s over half the global adult population and a big reason why Facebook&#39;s ad-pricing power is exceptionally strong more often than not.</p><p>The wild card is the company&#39;s metaverse ambitions, the &#34;metaverse&#34; being the next iteration of the internet that allows connected users to interact with each other and their surroundings in a 3D virtual environment. It will be years before the necessary infrastructure is in place to support the metaverse. But once there, Meta&#39;s hefty investments could make it a key player in this potentially $30 trillion opportunity.</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>Prediction: These Will Be the 10 Largest Stocks by 2030</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\">\nPrediction: These Will Be the 10 Largest Stocks by 2030\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-08 06:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/06/prediction-these-will-be-10-largest-stocks-by-2030/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For more than a century, Wall Street has been a wealth-building machine for those who are patient. Over long periods, high-quality companies and the indexes they're a part of tend to increase in value...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/06/prediction-these-will-be-10-largest-stocks-by-2030/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","CVX":"雪佛龙","CRM":"赛富时","BRK.B":"伯克希尔B","V":"Visa","BRK.A":"伯克希尔","META":"Meta Platforms, Inc.","AMZN":"亚马逊","PYPL":"PayPal","GOOG":"谷歌","AAPL":"苹果","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2022/08/06/prediction-these-will-be-10-largest-stocks-by-2030/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2257126136","content_text":"For more than a century, Wall Street has been a wealth-building machine for those who are patient. Over long periods, high-quality companies and the indexes they're a part of tend to increase in value.Something else that's commonplace on Wall Street is change. It's perfectly normal for innovation, acquisitions, competitive advantages, and other factors to shake up the world's largest publicly traded companies on a fairly regular basis.Just 18 years ago, companies like General Electric, AIG, and Intel were among the 10 largest publicly traded companies by market cap. As of Aug. 4, Intel wasn't even in the top 50 any longer, while GE and AIG had fallen out of the top 125 and top 250, respectively. Eight years from now, in 2030, the stock market's 10 largest stocks could look vastly different than they do today.Image source: Getty Images.While absolutely nothing is set in stone, I predict that the following 10 stocks will have the largest market caps by 2030. Note that these 10 companies aren't listed in any particular order.1. Berkshire HathawayThe first stock, conglomerate Berkshire Hathaway, should retain its spot in the top 10, even if billionaire CEO Warren Buffett isn't at the helm come 2030. After overseeing an average annual return on the company's Class A shares (BRK.A) of 20.1% since 1965, Buffett has clearly shown he's set his company up for long-term success.One factor that makes Berkshire Hathaway such an incredible company is the mountain of passive income it collects every year. Over the next 12 months, Buffett's company is expected to bring in well over $6 billion in dividend income, with $4.25 billion coming from just a handful of companies. Because dividend stocks have a long history of outperforming nondividend payers, holding these time-tested companies for years or decades provides an added boost.2. ApplePerhaps the least-surprising prediction is that the largest publicly traded company in the U.S., Apple, will remain in the top 10 largest stocks by market cap by 2030.Aside from an easily recognized brand name and faithful customer base, Apple's innovation is key to its success. Introducing a 5G-capable iPhone quickly pushed up its market share in the U.S., while CEO Tim Cook is busy leading a multiyear transition that emphasizes subscription services. Ultimately, subscriptions should boost Apple's operating margins and lessen the sales volatility witnessed during product replacement cycles.Apple has also repurchased $520 billion worth of its own common stock since the beginning of 2013. If this aggressive buyback program continues, value investors are likely to continue plowing into Apple.3. VisaPayment processor Visa currently finds itself on the outside looking in (No. 11). By the turn of the decade, I expect it to firmly find itself as one of the 10 largest companies by market cap.Visa's opportunity for expansion is enormous. Most global transactions are still being conducted in cash, which means it can expand organically into underbanked regions, such as the Middle East, Africa, and Southeastern Asia, or lean on acquisitions to grow (e.g., the Visa Europe buyout in 2016). Sustained double-digit annual growth should be the expectation throughout the decade.What's more, Visa strictly sticks to payment processing. Although the company would probably do just fine as a lender, it would also expose Visa to potential loan delinquencies and losses during recessions. By avoiding lending, Visa is able to bounce back from economic downturns faster than its peers and maintain a profit margin above 50%.4. AlphabetAnother FAANG stock that has an exceptionally high likelihood of retaining its top-10 ranking by market cap come 2030 is Alphabet, the parent company of internet search engine Google and streaming platform YouTube.Google has long been Alphabet's foundational operating segment. Over the past two years, it's handled no less than 91% of global internet search share, a big reason why Alphabet sports such incredible ad-pricing power. As traffic acquisition costs decline over time, Google should continue to be a cash cow for the company.But Alphabet's future is about its higher-growth initiatives like YouTube and Google Cloud. YouTube has grown into the second-most-visited social site in the world, while Google Cloud has gobbled up 8% of global cloud infrastructure spending.Image source: Getty Images.5. SalesforceCloud-based customer relationship management (CRM) software provider Salesforce could make one of the biggest leaps (currently No. 43) in terms of market cap by 2030. CRM software is what's used to help businesses enhance customer relationships and boost sales.Global CRM software sales are expected to sustain double-digit growth through at least mid-decade, which is great news for the industry's unquestioned leader. According to IDC, Salesforce commanded a 23.8% share of CRM software spending in 2021 (over four times its next-closest competitor).In addition to its commanding market share, co-CEO and co-founder Marc Benioff has a penchant for making earnings-accretive acquisitions. These deals broaden the Salesforce ecosystem and help with the company's cross-selling opportunities.6. AmazonE-commerce stock Amazon is another really strong bet to retain its spot in among the 10 largest stocks by the turn of the decade.Most folks know Amazon for its industry-leading online marketplace. In 2022, eMarketer projects that Amazon will account for 39.5% of all U.S. online retail sales. But the real crown jewel is the more than 200 million Prime members who've signed up as a result of its leading marketplace. The fees collected from Prime members help Amazon expand its logistics network and reinvest in high-growth initiatives.There's also Amazon Web Services (AWS), which is the global No. 1 in cloud infrastructure spending with 33% market share. Corporate cloud spending is still in its early innings, which means Amazon's operating cash flow could skyrocket in the years ahead.7. PayPal HoldingsThe company I predict will make the biggest leap into the top 10 stocks by market cap is fintech giant PayPal Holdings. PayPal is currently No. 88, with a $112 billion market cap.Digital payments are still in their infancy, which bodes well for fee-based payment platforms. Even with U.S. gross domestic product declining in back-to-back quarters, PayPal's total payment volume on its network continues to grow by a double-digit percentage on a constant-currency basis.Arguably even more important, active users are more engaged than ever. At the end of 2020, active users were completing 40.9 transactions over the trailing 12 months (ttm). This figure is up to 48.7 transactions per active account on a ttm basis through June 2022, and it continues to climb.8. MicrosoftSoftware kingpin Microsoft, the only company from the 10 largest stocks by market cap in 1999 to still have a top-10 position today, has a good shot at sustaining its dominance throughout the decade.Microsoft's success is a function of raking in mammoth amounts of cash flow from its legacy operations and funneling this cash into faster-growing projects. For instance, even though its high-margin Windows franchise is generally a slow grower, it still accounts for a 76% share of global desktop operating systems.Microsoft is utilizing this cash flow to reinvest in a variety of cloud initiatives -- Azure is the global No. 2 in cloud infrastructure spending and grew sales by 46% on a constant-currency basis in the June-ended quarter -- and fuel acquisitions.  For instance, Microsoft offered $68.7 billion to acquire gaming company Activision Blizzard in January.9. ChevronDespite a feverish renewable energy push by most developed countries, I predict oil and gas major Chevron will find its way into 10 largest publicly traded companies by market cap in 2030.The biggest reason for this push is the expectation that oil and natural gas prices will remain elevated for many years to come. The pandemic resulted in multiple years of reduced domestic and international drilling and pipeline investment. Couple this with Russia - Ukraine war, and you'll see there's a clear risk to global energy supply.Chevron is also in excellent financial shape compared to most other integrated oil stocks. By prudently deploying its capital and minimizing debt, Chevron has been able to maintain its superior dividend, repurchase its own stock, and fund key natural gas projects in the Asia-Pacific region.10. Meta PlatformsLastly, social media stock Meta Platforms, the company formerly known as Facebook, should find itself as one of the 10 largest stocks in 2030. You'll note that current top-10 stocks Tesla, UnitedHealth Group, Nvidia, and Johnson & Johnson, didn't make the cut.Although social media usage statistics can be extremely fickle to project one year in advance, let alone in eight years, Meta has four of the most downloaded apps in the world. On a combined basis, Facebook, Instagram, WhatsApp, and Facebook Messenger attracted 3.65 billion monthly active users in the June-ended quarter. That's over half the global adult population and a big reason why Facebook's ad-pricing power is exceptionally strong more often than not.The wild card is the company's metaverse ambitions, the \"metaverse\" being the next iteration of the internet that allows connected users to interact with each other and their surroundings in a 3D virtual environment. It will be years before the necessary infrastructure is in place to support the metaverse. But once there, Meta's hefty investments could make it a key player in this potentially $30 trillion opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000583","authorId":"9000000000000583","name":"FrankRebecca","avatar":"https://static.tigerbbs.com/1d5adf454a12436f689bf03957e56db7","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000583","authorIdStr":"9000000000000583"},"content":"ok so are you holding META shares currently?","text":"ok so are you holding META shares currently?","html":"ok so are you holding META shares currently?"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9931841204,"gmtCreate":1662435798608,"gmtModify":1676537060152,"author":{"id":"4122609936410772","authorId":"4122609936410772","name":"Aldroid","avatar":"https://community-static.tradeup.com/news/8bea39a6c4a2c7fe64a3f345eca12a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122609936410772","authorIdStr":"4122609936410772"},"themes":[],"htmlText":"I think that one has to take in the Macro situation realising great unrest and power struggles that are occurring in many Countries! USA is in its worst place since their Civil War from an sentiment point of view the Country is very divided and the Markets will be a reflection of that &amp; of Course the Biden policies (which any sane person can see are causing many challenges)&nbsp;","listText":"I think that one has to take in the Macro situation realising great unrest and power struggles that are occurring in many Countries! USA is in its worst place since their Civil War from an sentiment point of view the Country is very divided and the Markets will be a reflection of that &amp; of Course the Biden policies (which any sane person can see are causing many challenges)&nbsp;","text":"I think that one has to take in the Macro situation realising great unrest and power struggles that are occurring in many Countries! USA is in its worst place since their Civil War from an sentiment point of view the Country is very divided and the Markets will be a reflection of that & of Course the Biden policies (which any sane person can see are causing many challenges)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":33,"commentSize":18,"repostSize":0,"link":"https://ttm.financial/post/9931841204","repostId":"2264710715","repostType":2,"repost":{"id":"2264710715","pubTimestamp":1662421459,"share":"https://ttm.financial/m/news/2264710715?lang=&edition=fundamental","pubTime":"2022-09-06 07:44","market":"us","language":"en","title":"Where Will the Bear Market Bottom? History Offers a Very Clear Clue","url":"https://stock-news.laohu8.com/highlight/detail?id=2264710715","media":"Motley Fool","summary":"Two indicators with a successful history of calling bottoms provide a range of where the S&P 500 could eventually bounce.","content":"<html><head></head><body><p>You probably don&#39;t need me to tell you this, but 2022 has been one of the most challenging years on record for everyone from Wall Street professionals to everyday investors. The first half of the year saw the benchmark <b>S&amp;P 500</b>, which is the broadest barometer of stock-market health, produce its worst return in 52 years. The growth-dependent <b>Nasdaq Composite</b> fared even worse, with the index losing as much as a third of its value on a peak-to-trough basis.</p><p>With two of Wall Street&#39;s big three indexes falling into bear market territory -- the timeless <b>Dow Jones Industrial Average</b> maxed out at a peak decline of 19% -- and testing the resolve of investors, the critical question has become: &#34;Where will the bear market bottom?&#34;</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F698954%2Fstock-market-crash-plunge-dollar-newspaper-invest-dow-sp-500-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><p>While the official answer is that we don&#39;t know with any certainty, history offers a number of very clear clues as to where the S&amp;P 500 could trough. In particular, two indicators provide a range of where we can expect the bear market to bottom.</p><h2>Valuation plays a key role during bear markets</h2><p>Whereas Wall Street is willing to tolerate higher valuations when the U.S. and global economy are firing on all cylinders, analysts and investors become much more critical of stock valuations when corrections and bear markets arise. That&#39;s why the S&amp;P 500&#39;s forward-year price-to-earnings (P/E) ratio can come in handy.</p><p>The S&amp;P 500&#39;s forward P/E divides the aggregate point value of the S&amp;P 500 Index into the consensus earnings-per-share forecast for Wall Street in the upcoming year (in this instance, 2023).</p><p>With two exceptions -- the Great Recession between 2007 and 2009, where valuations were truly depressed given the uncertain state of the U.S. financial system, and the double-digit percentage pullback for the broader market in 2011 -- the S&amp;P 500&#39;s forward P/E has accurately predicted the bottom of every other notable decline since the mid-1990s. Specifically, we&#39;ve witnessed the benchmark index&#39;s forward-year P/E bottom between 13 and 14. This is where the S&amp;P 500 found its bottom following the dot-com bubble in 2002, during the nearly 20% pullback in the fourth quarter of 2018, and following the coronavirus crash.</p><p>As of Aug. 31, the S&amp;P 500&#39;s forward-year P/E stood at 16.8. Based on the noted range of 13 to 14, this would imply further downside to the S&amp;P 500 of 16.7% to 22.6%. In other words, as long as the earnings component of the benchmark index doesn&#39;t drastically change, this indicator would imply a bear-market bottom between 3,061 and 3,296.</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F698954%2Fmoney-under-chain-and-lock-debt-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"469\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>Margin debt tells a grimmer story</h2><p>While the S&amp;P 500&#39;s forward-year P/E ratio provides an upper bound of where history would suggest the bear market is headed, outstanding margin debt tells a more worrisome story.</p><p>&#34;Margin debt&#34; describes the amount of money being borrowed, with interest, by investors to purchase or short-sell securities. Although it&#39;s perfectly normal for margin debt to increase over time as the value of U.S. equities grows, it&#39;s anything but normal to see margin debt rise significantly, on a percentage basis, over a short period.</p><p>Since 1995, there have only been three instances where margin debt increased by 60% or more on a trailing-12-month basis. It occurred immediately prior to the dot-com bubble bursting in 2000, just months prior to the financial crisis taking shape in 2007, and once more in 2021. Following the previous two instances where margin debt skyrocketed in excess of 60% in the trailing-12-month period, the S&amp;P 500 lost 49% and 57% of its respective value before finding a bottom.</p><p>If we simplify this to a general loss of 50% of the S&amp;P 500&#39;s value, the bottom range for the index, based on what margin debt history tells us, is 2,409 (half of the 4,818 intra-day high).</p><p>In other words, two leading indicators with a history of successfully calling a number of bear-market bottoms suggest the S&amp;P 500 could fall to 2,409 in a worst-case scenario, or bounce up to 3,296 if corporate earnings hold up better than expected.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f32133e82b0cc864931cf2557b7c93cd\" tg-width=\"720\" tg-height=\"433\" width=\"100%\" height=\"auto\"/><span>^SPX data by YCharts.</span></p><h2>The one figure more powerful than any bear-market-bottom indicator</h2><p>Obviously, these indicators could be wrong, and the June 2022 bear-market low of 3,636 could hold firm for the S&amp;P 500. If there were indicators that were right 100% of the time, every Wall Street professional and retail investor would be using them by now.</p><p>Regardless of whether the S&amp;P 500, Nasdaq Composite, and Dow Jones industrial Average have already found their respective bottoms or still have additional downside, one figure does offer a practical guarantee -- and all it requires is your patience.</p><p>Every year, stock-market analytics provider Crestmont Research publishes data highlighting the 20-year rolling total returns (which include dividends paid) for the S&amp;P 500 since 1919. In other words, Crestmont is looking at the average annual total return investors would have made by buying and holding an S&amp;P 500 tracking index for 20 years over each of the past 103 end years (1919-2021).</p><p>The result? Investors made money 103 out of 103 times if they purchased an S&amp;P 500 tracking index and held it for 20 years. What&#39;s more, approximately 40% of these 103 end years produced an average annual total return of at least 10.9%. Investors weren&#39;t just scraping by holding an S&amp;P 500 index. They were doubling their money about every seven years in roughly 40% of all rolling 20-year periods.</p><p>That means that investors shouldn&#39;t be afraid to put money to work on Wall Street either now or in the future. If you&#39;re a long-term investor, time is a far more powerful ally than any bear-market bottom indicator.</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>Where Will the Bear Market Bottom? History Offers a Very Clear Clue</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\">\nWhere Will the Bear Market Bottom? History Offers a Very Clear Clue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-06 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/04/where-will-bear-market-bottom-history-offers-clue/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You probably don't need me to tell you this, but 2022 has been one of the most challenging years on record for everyone from Wall Street professionals to everyday investors. The first half of the year...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/04/where-will-bear-market-bottom-history-offers-clue/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.fool.com/investing/2022/09/04/where-will-bear-market-bottom-history-offers-clue/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264710715","content_text":"You probably don't need me to tell you this, but 2022 has been one of the most challenging years on record for everyone from Wall Street professionals to everyday investors. The first half of the year saw the benchmark S&P 500, which is the broadest barometer of stock-market health, produce its worst return in 52 years. The growth-dependent Nasdaq Composite fared even worse, with the index losing as much as a third of its value on a peak-to-trough basis.With two of Wall Street's big three indexes falling into bear market territory -- the timeless Dow Jones Industrial Average maxed out at a peak decline of 19% -- and testing the resolve of investors, the critical question has become: \"Where will the bear market bottom?\"Image source: Getty Images.While the official answer is that we don't know with any certainty, history offers a number of very clear clues as to where the S&P 500 could trough. In particular, two indicators provide a range of where we can expect the bear market to bottom.Valuation plays a key role during bear marketsWhereas Wall Street is willing to tolerate higher valuations when the U.S. and global economy are firing on all cylinders, analysts and investors become much more critical of stock valuations when corrections and bear markets arise. That's why the S&P 500's forward-year price-to-earnings (P/E) ratio can come in handy.The S&P 500's forward P/E divides the aggregate point value of the S&P 500 Index into the consensus earnings-per-share forecast for Wall Street in the upcoming year (in this instance, 2023).With two exceptions -- the Great Recession between 2007 and 2009, where valuations were truly depressed given the uncertain state of the U.S. financial system, and the double-digit percentage pullback for the broader market in 2011 -- the S&P 500's forward P/E has accurately predicted the bottom of every other notable decline since the mid-1990s. Specifically, we've witnessed the benchmark index's forward-year P/E bottom between 13 and 14. This is where the S&P 500 found its bottom following the dot-com bubble in 2002, during the nearly 20% pullback in the fourth quarter of 2018, and following the coronavirus crash.As of Aug. 31, the S&P 500's forward-year P/E stood at 16.8. Based on the noted range of 13 to 14, this would imply further downside to the S&P 500 of 16.7% to 22.6%. In other words, as long as the earnings component of the benchmark index doesn't drastically change, this indicator would imply a bear-market bottom between 3,061 and 3,296.Image source: Getty Images.Margin debt tells a grimmer storyWhile the S&P 500's forward-year P/E ratio provides an upper bound of where history would suggest the bear market is headed, outstanding margin debt tells a more worrisome story.\"Margin debt\" describes the amount of money being borrowed, with interest, by investors to purchase or short-sell securities. Although it's perfectly normal for margin debt to increase over time as the value of U.S. equities grows, it's anything but normal to see margin debt rise significantly, on a percentage basis, over a short period.Since 1995, there have only been three instances where margin debt increased by 60% or more on a trailing-12-month basis. It occurred immediately prior to the dot-com bubble bursting in 2000, just months prior to the financial crisis taking shape in 2007, and once more in 2021. Following the previous two instances where margin debt skyrocketed in excess of 60% in the trailing-12-month period, the S&P 500 lost 49% and 57% of its respective value before finding a bottom.If we simplify this to a general loss of 50% of the S&P 500's value, the bottom range for the index, based on what margin debt history tells us, is 2,409 (half of the 4,818 intra-day high).In other words, two leading indicators with a history of successfully calling a number of bear-market bottoms suggest the S&P 500 could fall to 2,409 in a worst-case scenario, or bounce up to 3,296 if corporate earnings hold up better than expected.^SPX data by YCharts.The one figure more powerful than any bear-market-bottom indicatorObviously, these indicators could be wrong, and the June 2022 bear-market low of 3,636 could hold firm for the S&P 500. If there were indicators that were right 100% of the time, every Wall Street professional and retail investor would be using them by now.Regardless of whether the S&P 500, Nasdaq Composite, and Dow Jones industrial Average have already found their respective bottoms or still have additional downside, one figure does offer a practical guarantee -- and all it requires is your patience.Every year, stock-market analytics provider Crestmont Research publishes data highlighting the 20-year rolling total returns (which include dividends paid) for the S&P 500 since 1919. In other words, Crestmont is looking at the average annual total return investors would have made by buying and holding an S&P 500 tracking index for 20 years over each of the past 103 end years (1919-2021).The result? Investors made money 103 out of 103 times if they purchased an S&P 500 tracking index and held it for 20 years. What's more, approximately 40% of these 103 end years produced an average annual total return of at least 10.9%. Investors weren't just scraping by holding an S&P 500 index. They were doubling their money about every seven years in roughly 40% of all rolling 20-year periods.That means that investors shouldn't be afraid to put money to work on Wall Street either now or in the future. If you're a long-term investor, time is a far more powerful ally than any bear-market bottom indicator.","news_type":1},"isVote":1,"tweetType":1,"viewCount":537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910429798,"gmtCreate":1663668141515,"gmtModify":1676537312104,"author":{"id":"4122609936410772","authorId":"4122609936410772","name":"Aldroid","avatar":"https://community-static.tradeup.com/news/8bea39a6c4a2c7fe64a3f345eca12a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122609936410772","authorIdStr":"4122609936410772"},"themes":[],"htmlText":"One has to feel sorry for the Lady! But there are Scams in every aspect of life and Most conventional institutions&nbsp;try these same things! there are&nbsp;challenges with Central Banks too! who in many Countries can now Legally steal your money with what are called Bail ins!&nbsp;Crypto is one of&nbsp;humanities only hopes of freedom in the Future away from the deceitful institutions we have to deal with daily!&nbsp;For sure Crypto needs some Regulations and they need to be implemented by Crypto experts who understand the space! Not corrupt Politicians who are often&nbsp;the equivalent of legitimate scammers! I can appreciate that is not everyones perspective, but the truth is in all the Actions we have seen over the last 2.5 years. Is there anyone that can be trusted?&nbsp;","listText":"One has to feel sorry for the Lady! But there are Scams in every aspect of life and Most conventional institutions&nbsp;try these same things! there are&nbsp;challenges with Central Banks too! who in many Countries can now Legally steal your money with what are called Bail ins!&nbsp;Crypto is one of&nbsp;humanities only hopes of freedom in the Future away from the deceitful institutions we have to deal with daily!&nbsp;For sure Crypto needs some Regulations and they need to be implemented by Crypto experts who understand the space! Not corrupt Politicians who are often&nbsp;the equivalent of legitimate scammers! I can appreciate that is not everyones perspective, but the truth is in all the Actions we have seen over the last 2.5 years. Is there anyone that can be trusted?&nbsp;","text":"One has to feel sorry for the Lady! But there are Scams in every aspect of life and Most conventional institutions try these same things! there are challenges with Central Banks too! who in many Countries can now Legally steal your money with what are called Bail ins! Crypto is one of humanities only hopes of freedom in the Future away from the deceitful institutions we have to deal with daily! For sure Crypto needs some Regulations and they need to be implemented by Crypto experts who understand the space! Not corrupt Politicians who are often the equivalent of legitimate scammers! I can appreciate that is not everyones perspective, but the truth is in all the Actions we have seen over the last 2.5 years. Is there anyone that can be trusted?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/9910429798","repostId":"1118105562","repostType":4,"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905739167,"gmtCreate":1659935023761,"gmtModify":1703476172950,"author":{"id":"4122609936410772","authorId":"4122609936410772","name":"Aldroid","avatar":"https://community-static.tradeup.com/news/8bea39a6c4a2c7fe64a3f345eca12a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122609936410772","authorIdStr":"4122609936410772"},"themes":[],"htmlText":"Very interesting thanks! I agree that Meta will come into its own, because they will piggyback off&nbsp;the Blockchain gaming industry","listText":"Very interesting thanks! I agree that Meta will come into its own, because they will piggyback off&nbsp;the Blockchain gaming industry","text":"Very interesting thanks! I agree that Meta will come into its own, because they will piggyback off the Blockchain gaming industry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905739167","repostId":"2257126136","repostType":4,"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000583","authorId":"9000000000000583","name":"FrankRebecca","avatar":"https://static.tigerbbs.com/1d5adf454a12436f689bf03957e56db7","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000583","authorIdStr":"9000000000000583"},"content":"ok so are you holding META shares currently?","text":"ok so are you holding META shares currently?","html":"ok so are you holding META shares currently?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999336259,"gmtCreate":1660461623873,"gmtModify":1676533475766,"author":{"id":"4122609936410772","authorId":"4122609936410772","name":"Aldroid","avatar":"https://community-static.tradeup.com/news/8bea39a6c4a2c7fe64a3f345eca12a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122609936410772","authorIdStr":"4122609936410772"},"themes":[],"htmlText":"10 years is a long time to wait especially in this uncertain world. Great info &amp; analysis though thanks for sharing 👍","listText":"10 years is a long time to wait especially in this uncertain world. Great info &amp; analysis though thanks for sharing 👍","text":"10 years is a long time to wait especially in this uncertain world. Great info & analysis though thanks for sharing 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999336259","repostId":"2259268147","repostType":2,"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965963489,"gmtCreate":1669873703241,"gmtModify":1676538261442,"author":{"id":"4122609936410772","authorId":"4122609936410772","name":"Aldroid","avatar":"https://community-static.tradeup.com/news/8bea39a6c4a2c7fe64a3f345eca12a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122609936410772","authorIdStr":"4122609936410772"},"themes":[],"htmlText":"😂 It is safe to say, the mainstream media have been paid by him to report in his favour. Thetruth is very sinister indeed.&nbsp;","listText":"😂 It is safe to say, the mainstream media have been paid by him to report in his favour. Thetruth is very sinister indeed.&nbsp;","text":"😂 It is safe to say, the mainstream media have been paid by him to report in his favour. Thetruth is very sinister indeed.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9965963489","repostId":"2288145346","repostType":4,"repost":{"id":"2288145346","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":1669847881,"share":"https://ttm.financial/m/news/2288145346?lang=&edition=fundamental","pubTime":"2022-12-01 06:38","market":"us","language":"en","title":"Sam Bankman-Fried Says He \"Didn't Ever Try to Commit Fraud\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2288145346","media":"Reuters","summary":"Nov 30 (Reuters) - Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX","content":"<html><head></head><body><p>Nov 30 (Reuters) - Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from any suggestion of fraud in his first public appearance since his company&#39;s collapse stunned investors and left creditors facing losses totaling billions of dollars.</p><p>Speaking at the New York Times&#39; Dealbook Summit with Andrew Ross Sorkin, Bankman-Fried said that he did not knowingly commingle customer funds on FTX with funds at his proprietary trading firm, Alameda Research.</p><p>The liquidity crunch at FTX came after Bankman-Fried secretly moved $10 billion of FTX customer funds to Alameda Research, Reuters reported, citing two people familiar with the matter. At least $1 billion in customer funds had vanished, the people said.</p><p>Bankman-Fried told Reuters the company did not &#34;secretly transfer&#34; but rather misread its &#34;confusing internal labeling.</p><p>FTX filed for bankruptcy and Bankman-Fried stepped down as chief executive on Nov. 11, after traders pulled $6 billion from the platform in three days and rival exchange Binance abandoned a rescue deal.</p><p>&#34;By late on Nov. 6 we were putting together all of the data... that obviously should have been part of the dashboards I was always looking at... and when we looked at that, there was a serious problem there,&#34; Bankman-Fried said.</p><p>Bankman-Fried added that he &#34;didn&#39;t ever try to commit fraud&#34; and that he was &#34;shocked&#34; by the events of the past few weeks that led to the company&#39;s demise.</p><p>The implosion marked a stunning fall from grace for the 30-year-old entrepreneur who rode a cryptocurrency boom to a net worth that Forbes pegged a year ago at $26.5 billion. After launching FTX in 2019, he became an influential political donor and pledged to donate most of his earnings to charities.</p><p>Since FTX filed for bankruptcy, Bankman-Fried has distanced himself from the image he projected in media interviews and on Capitol Hill, telling a Vox reporter his advocacy for a crypto regulatory framework was &#34;just PR&#34; and his discussions on ethics within the industry were at least partly a front.</p><h2>U.S. AFFILIATES</h2><p>Bankman-Fried said he was &#34;confused&#34; as to why FTX&#39;s U.S. entity is not processing customer withdrawals. Redemptions are currently paused for both U.S. and international customers.</p><p>&#34;To my knowledge all American customers and all American regulated businesses here are, I think at least in terms of client assets, are okay,&#34; he said, adding that derivatives contracts at one of its U.S. subsidiaries were &#34;fully collateralized.&#34;</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>Sam Bankman-Fried Says He \"Didn't Ever Try to Commit Fraud\"</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\">\nSam Bankman-Fried Says He \"Didn't Ever Try to Commit Fraud\"\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\">2022-12-01 06:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 30 (Reuters) - Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from any suggestion of fraud in his first public appearance since his company&#39;s collapse stunned investors and left creditors facing losses totaling billions of dollars.</p><p>Speaking at the New York Times&#39; Dealbook Summit with Andrew Ross Sorkin, Bankman-Fried said that he did not knowingly commingle customer funds on FTX with funds at his proprietary trading firm, Alameda Research.</p><p>The liquidity crunch at FTX came after Bankman-Fried secretly moved $10 billion of FTX customer funds to Alameda Research, Reuters reported, citing two people familiar with the matter. At least $1 billion in customer funds had vanished, the people said.</p><p>Bankman-Fried told Reuters the company did not &#34;secretly transfer&#34; but rather misread its &#34;confusing internal labeling.</p><p>FTX filed for bankruptcy and Bankman-Fried stepped down as chief executive on Nov. 11, after traders pulled $6 billion from the platform in three days and rival exchange Binance abandoned a rescue deal.</p><p>&#34;By late on Nov. 6 we were putting together all of the data... that obviously should have been part of the dashboards I was always looking at... and when we looked at that, there was a serious problem there,&#34; Bankman-Fried said.</p><p>Bankman-Fried added that he &#34;didn&#39;t ever try to commit fraud&#34; and that he was &#34;shocked&#34; by the events of the past few weeks that led to the company&#39;s demise.</p><p>The implosion marked a stunning fall from grace for the 30-year-old entrepreneur who rode a cryptocurrency boom to a net worth that Forbes pegged a year ago at $26.5 billion. After launching FTX in 2019, he became an influential political donor and pledged to donate most of his earnings to charities.</p><p>Since FTX filed for bankruptcy, Bankman-Fried has distanced himself from the image he projected in media interviews and on Capitol Hill, telling a Vox reporter his advocacy for a crypto regulatory framework was &#34;just PR&#34; and his discussions on ethics within the industry were at least partly a front.</p><h2>U.S. AFFILIATES</h2><p>Bankman-Fried said he was &#34;confused&#34; as to why FTX&#39;s U.S. entity is not processing customer withdrawals. Redemptions are currently paused for both U.S. and international customers.</p><p>&#34;To my knowledge all American customers and all American regulated businesses here are, I think at least in terms of client assets, are okay,&#34; he said, adding that derivatives contracts at one of its U.S. subsidiaries were &#34;fully collateralized.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288145346","content_text":"Nov 30 (Reuters) - Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from any suggestion of fraud in his first public appearance since his company's collapse stunned investors and left creditors facing losses totaling billions of dollars.Speaking at the New York Times' Dealbook Summit with Andrew Ross Sorkin, Bankman-Fried said that he did not knowingly commingle customer funds on FTX with funds at his proprietary trading firm, Alameda Research.The liquidity crunch at FTX came after Bankman-Fried secretly moved $10 billion of FTX customer funds to Alameda Research, Reuters reported, citing two people familiar with the matter. At least $1 billion in customer funds had vanished, the people said.Bankman-Fried told Reuters the company did not \"secretly transfer\" but rather misread its \"confusing internal labeling.FTX filed for bankruptcy and Bankman-Fried stepped down as chief executive on Nov. 11, after traders pulled $6 billion from the platform in three days and rival exchange Binance abandoned a rescue deal.\"By late on Nov. 6 we were putting together all of the data... that obviously should have been part of the dashboards I was always looking at... and when we looked at that, there was a serious problem there,\" Bankman-Fried said.Bankman-Fried added that he \"didn't ever try to commit fraud\" and that he was \"shocked\" by the events of the past few weeks that led to the company's demise.The implosion marked a stunning fall from grace for the 30-year-old entrepreneur who rode a cryptocurrency boom to a net worth that Forbes pegged a year ago at $26.5 billion. After launching FTX in 2019, he became an influential political donor and pledged to donate most of his earnings to charities.Since FTX filed for bankruptcy, Bankman-Fried has distanced himself from the image he projected in media interviews and on Capitol Hill, telling a Vox reporter his advocacy for a crypto regulatory framework was \"just PR\" and his discussions on ethics within the industry were at least partly a front.U.S. AFFILIATESBankman-Fried said he was \"confused\" as to why FTX's U.S. entity is not processing customer withdrawals. Redemptions are currently paused for both U.S. and international customers.\"To my knowledge all American customers and all American regulated businesses here are, I think at least in terms of client assets, are okay,\" he said, adding that derivatives contracts at one of its U.S. subsidiaries were \"fully collateralized.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}