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05-30

I support this ! AI is the future.... just ask Tiger GPT!

05-30

NVDA = investing in our families future !

05-30

Follow the money and pick a theme . Like Semiconductors and tech ! Or women led companies in the S&P !

05-30

$Tiger Brokers(TIGR)$ the market never sleeps 💤

05-30

$Tiger Brokers(TIGR)$ Rest is for the weekend , fellow bull traders !

05-30

$XIAOMI-W(01810)$ Xiaomi makes cars now ?!! China is joining the ranks of high quality EV s

05-30

Definately support Teslas move in to this space.

05-30

Self driving trucks means less harm on the roads, less overworked and overtired truck drivers and safer communities overall. Surely we support Tesla?

05-29

Great article, would you like to share it?

Wall Street's Favorite Recession Indicator Is in a Slump of Its Own

05-29

Great article, would you like to share it?

Wall Street's Favorite Recession Indicator Is in a Slump of Its Own

05-29

Bull market, it's anyone gamble ! Looking forward to winning :)

05-29

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05-29

Great article, would you like to share it?

@TigerGPT:Q: What is Faraday Future Intelligent Electric Inc. 2023/Q4 Earnings Preview?

05-29

:o

@Shyon:Among those companies listed in the AI spider web, my top favourites will be $KLA-Tencor(KLAC)$ $Applied Materials(AMAT)$ $Palantir Technologies Inc.(PLTR)$ $Micron Technology(MU)$ $ASML Holding NV(ASML )$ for their leader position in their respective field, as well as their innovation and growth over the years! To be honest, plenty of good choices.

05-29

Lessshgooo. Time to trade :)

05-29

Watch this space :o

Post-Bell | Nasdaq Closes Above 17,000; Nvidia Jumps 7%, Pushing Its Market Value Closer to Apple; GameStop Climbs 25%

05-29

Great article, would you like to share it?

Sorry, the original content has been removed

05-29

Great article, would you like to share it?

Sorry, the original content has been removed

05-29

Is it surprising though ? Invest in futures!

Faraday Future FY 2023 GAAP EPS $(44.81) Beats $(47.97) Estimate, Sales $784.000K Miss $2.590M Estimate

Go to Tiger App to see more news

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Like Semiconductors and tech ! Or women led&nbsp; companies in the S&amp;P !&nbsp;","listText":"Follow the money and pick a theme . Like Semiconductors and tech ! Or women led&nbsp; companies in the S&amp;P !&nbsp;","text":"Follow the money and pick a theme . Like Semiconductors and tech ! 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China is joining the ranks of high quality EV s","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> Xiaomi makes cars now ?!! China is joining the ranks of high quality EV s","text":"$XIAOMI-W(01810)$ Xiaomi makes cars now ?!! 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Surely we support Tesla?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311336350199848","isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311124555178216,"gmtCreate":1716963672559,"gmtModify":1716963674442,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311124555178216","repostId":"2438400023","repostType":2,"repost":{"id":"2438400023","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1716950622,"share":"https://ttm.financial/m/news/2438400023?lang=&edition=fundamental","pubTime":"2024-05-29 10:43","market":"sg","language":"en","title":"Wall Street's Favorite Recession Indicator Is in a Slump of Its Own","url":"https://stock-news.laohu8.com/highlight/detail?id=2438400023","media":"Dow Jones","summary":"One of Wall Street's favorite recession indicators looks broken.An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven't been any glaring false alarms.Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.Bets on cuts could reflect some chance of a recession but also some probability of a benign","content":"<html><head></head><body><p>One of Wall Street&#39;s favorite recession indicators looks broken.</p><p>An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven&#39;t been any glaring false alarms.</p><p>Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.</p><p>If a recession doesn&#39;t materialize soon, it could do lasting damage to the yield curve&#39;s status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn&#39;t be as worried when another inversion occurs in the future.</p><p>&#34;It&#39;s not working,&#34; said Ed Hyman, chairman of <a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI. &#34;So far, the economy is doing fine,&#34; though he added that a recession could be just a little late in arriving this time.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/786e45d1c2d03b2df9d3c24d9de727b0\" tg-width=\"722\" tg-height=\"424\"/></p><p><strong>Earning its reputation</strong></p><p>There is a reason yield-curve inversions precede recessions.</p><p>Yields on Treasurys largely reflect investors&#39; expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/96ada24e2940cb3f71bedfa62a54cd0a\" tg-width=\"740\" tg-height=\"810\"/></p><p>The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.</p><p>Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.</p><p>Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7709be57bb0250200ec923eec019ab26\" tg-width=\"741\" tg-height=\"418\"/></p><p><strong>Reasons for doubt</strong></p><p>Still, there have always been limitations to the yield curve as a forecasting tool.</p><p>An inverted curve indicates that investors expect rate cuts, but it doesn&#39;t explain why they are making those wagers.</p><p>Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.</p><p>Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.</p><p>In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.</p><p>In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.</p><p>Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed&#39;s 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.</p><p>Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&amp;P 500 24% last year and a further 11% this year.</p><p>Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.</p><p>&#34;It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,&#34; he said.</p><p><strong>Pushing boundaries</strong></p><p>There is no one definition of an inverted curve.</p><p>Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.</p><p>There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?</p><p>By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.</p><p>Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.</p><p>By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/777500f465c0ed0947d9eb6b6a386952\" tg-width=\"736\" tg-height=\"479\"/></p><p><strong>Growing acceptance</strong></p><p>There is little indication that the inversion will end soon.</p><p>Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.</p><p>A few recent economic reports haven&#39;t been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.</p><p>&#34;The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,&#34; he said. &#34;But I do think now this has become kind of the new normal.&#34;</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street's Favorite Recession Indicator Is in a Slump of Its Own</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\">\nWall Street's Favorite Recession Indicator Is in a Slump of Its Own\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-29 10:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>One of Wall Street&#39;s favorite recession indicators looks broken.</p><p>An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven&#39;t been any glaring false alarms.</p><p>Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.</p><p>If a recession doesn&#39;t materialize soon, it could do lasting damage to the yield curve&#39;s status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn&#39;t be as worried when another inversion occurs in the future.</p><p>&#34;It&#39;s not working,&#34; said Ed Hyman, chairman of <a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI. &#34;So far, the economy is doing fine,&#34; though he added that a recession could be just a little late in arriving this time.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/786e45d1c2d03b2df9d3c24d9de727b0\" tg-width=\"722\" tg-height=\"424\"/></p><p><strong>Earning its reputation</strong></p><p>There is a reason yield-curve inversions precede recessions.</p><p>Yields on Treasurys largely reflect investors&#39; expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/96ada24e2940cb3f71bedfa62a54cd0a\" tg-width=\"740\" tg-height=\"810\"/></p><p>The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.</p><p>Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.</p><p>Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7709be57bb0250200ec923eec019ab26\" tg-width=\"741\" tg-height=\"418\"/></p><p><strong>Reasons for doubt</strong></p><p>Still, there have always been limitations to the yield curve as a forecasting tool.</p><p>An inverted curve indicates that investors expect rate cuts, but it doesn&#39;t explain why they are making those wagers.</p><p>Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.</p><p>Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.</p><p>In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.</p><p>In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.</p><p>Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed&#39;s 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.</p><p>Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&amp;P 500 24% last year and a further 11% this year.</p><p>Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.</p><p>&#34;It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,&#34; he said.</p><p><strong>Pushing boundaries</strong></p><p>There is no one definition of an inverted curve.</p><p>Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.</p><p>There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?</p><p>By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.</p><p>Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.</p><p>By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/777500f465c0ed0947d9eb6b6a386952\" tg-width=\"736\" tg-height=\"479\"/></p><p><strong>Growing acceptance</strong></p><p>There is little indication that the inversion will end soon.</p><p>Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.</p><p>A few recent economic reports haven&#39;t been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.</p><p>&#34;The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,&#34; he said. &#34;But I do think now this has become kind of the new normal.&#34;</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2438400023","content_text":"One of Wall Street's favorite recession indicators looks broken.An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven't been any glaring false alarms.Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.If a recession doesn't materialize soon, it could do lasting damage to the yield curve's status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn't be as worried when another inversion occurs in the future.\"It's not working,\" said Ed Hyman, chairman of Evercore ISI. \"So far, the economy is doing fine,\" though he added that a recession could be just a little late in arriving this time.Earning its reputationThere is a reason yield-curve inversions precede recessions.Yields on Treasurys largely reflect investors' expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.Reasons for doubtStill, there have always been limitations to the yield curve as a forecasting tool.An inverted curve indicates that investors expect rate cuts, but it doesn't explain why they are making those wagers.Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed's 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&P 500 24% last year and a further 11% this year.Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.\"It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,\" he said.Pushing boundariesThere is no one definition of an inverted curve.Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.Growing acceptanceThere is little indication that the inversion will end soon.Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.A few recent economic reports haven't been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.\"The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,\" he said. \"But I do think now this has become kind of the new normal.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311123823255784,"gmtCreate":1716963493867,"gmtModify":1716963498593,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311123823255784","repostId":"2438400023","repostType":2,"repost":{"id":"2438400023","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1716950622,"share":"https://ttm.financial/m/news/2438400023?lang=&edition=fundamental","pubTime":"2024-05-29 10:43","market":"sg","language":"en","title":"Wall Street's Favorite Recession Indicator Is in a Slump of Its Own","url":"https://stock-news.laohu8.com/highlight/detail?id=2438400023","media":"Dow Jones","summary":"One of Wall Street's favorite recession indicators looks broken.An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven't been any glaring false alarms.Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.Bets on cuts could reflect some chance of a recession but also some probability of a benign","content":"<html><head></head><body><p>One of Wall Street&#39;s favorite recession indicators looks broken.</p><p>An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven&#39;t been any glaring false alarms.</p><p>Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.</p><p>If a recession doesn&#39;t materialize soon, it could do lasting damage to the yield curve&#39;s status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn&#39;t be as worried when another inversion occurs in the future.</p><p>&#34;It&#39;s not working,&#34; said Ed Hyman, chairman of <a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI. &#34;So far, the economy is doing fine,&#34; though he added that a recession could be just a little late in arriving this time.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/786e45d1c2d03b2df9d3c24d9de727b0\" tg-width=\"722\" tg-height=\"424\"/></p><p><strong>Earning its reputation</strong></p><p>There is a reason yield-curve inversions precede recessions.</p><p>Yields on Treasurys largely reflect investors&#39; expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/96ada24e2940cb3f71bedfa62a54cd0a\" tg-width=\"740\" tg-height=\"810\"/></p><p>The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.</p><p>Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.</p><p>Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7709be57bb0250200ec923eec019ab26\" tg-width=\"741\" tg-height=\"418\"/></p><p><strong>Reasons for doubt</strong></p><p>Still, there have always been limitations to the yield curve as a forecasting tool.</p><p>An inverted curve indicates that investors expect rate cuts, but it doesn&#39;t explain why they are making those wagers.</p><p>Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.</p><p>Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.</p><p>In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.</p><p>In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.</p><p>Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed&#39;s 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.</p><p>Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&amp;P 500 24% last year and a further 11% this year.</p><p>Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.</p><p>&#34;It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,&#34; he said.</p><p><strong>Pushing boundaries</strong></p><p>There is no one definition of an inverted curve.</p><p>Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.</p><p>There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?</p><p>By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.</p><p>Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.</p><p>By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/777500f465c0ed0947d9eb6b6a386952\" tg-width=\"736\" tg-height=\"479\"/></p><p><strong>Growing acceptance</strong></p><p>There is little indication that the inversion will end soon.</p><p>Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.</p><p>A few recent economic reports haven&#39;t been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.</p><p>&#34;The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,&#34; he said. &#34;But I do think now this has become kind of the new normal.&#34;</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street's Favorite Recession Indicator Is in a Slump of Its Own</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\">\nWall Street's Favorite Recession Indicator Is in a Slump of Its Own\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-29 10:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>One of Wall Street&#39;s favorite recession indicators looks broken.</p><p>An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven&#39;t been any glaring false alarms.</p><p>Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.</p><p>If a recession doesn&#39;t materialize soon, it could do lasting damage to the yield curve&#39;s status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn&#39;t be as worried when another inversion occurs in the future.</p><p>&#34;It&#39;s not working,&#34; said Ed Hyman, chairman of <a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI. &#34;So far, the economy is doing fine,&#34; though he added that a recession could be just a little late in arriving this time.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/786e45d1c2d03b2df9d3c24d9de727b0\" tg-width=\"722\" tg-height=\"424\"/></p><p><strong>Earning its reputation</strong></p><p>There is a reason yield-curve inversions precede recessions.</p><p>Yields on Treasurys largely reflect investors&#39; expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/96ada24e2940cb3f71bedfa62a54cd0a\" tg-width=\"740\" tg-height=\"810\"/></p><p>The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.</p><p>Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.</p><p>Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7709be57bb0250200ec923eec019ab26\" tg-width=\"741\" tg-height=\"418\"/></p><p><strong>Reasons for doubt</strong></p><p>Still, there have always been limitations to the yield curve as a forecasting tool.</p><p>An inverted curve indicates that investors expect rate cuts, but it doesn&#39;t explain why they are making those wagers.</p><p>Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.</p><p>Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.</p><p>In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.</p><p>In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.</p><p>Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed&#39;s 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.</p><p>Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&amp;P 500 24% last year and a further 11% this year.</p><p>Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.</p><p>&#34;It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,&#34; he said.</p><p><strong>Pushing boundaries</strong></p><p>There is no one definition of an inverted curve.</p><p>Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.</p><p>There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?</p><p>By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.</p><p>Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.</p><p>By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/777500f465c0ed0947d9eb6b6a386952\" tg-width=\"736\" tg-height=\"479\"/></p><p><strong>Growing acceptance</strong></p><p>There is little indication that the inversion will end soon.</p><p>Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.</p><p>A few recent economic reports haven&#39;t been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.</p><p>&#34;The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,&#34; he said. &#34;But I do think now this has become kind of the new normal.&#34;</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2438400023","content_text":"One of Wall Street's favorite recession indicators looks broken.An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven't been any glaring false alarms.Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.If a recession doesn't materialize soon, it could do lasting damage to the yield curve's status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn't be as worried when another inversion occurs in the future.\"It's not working,\" said Ed Hyman, chairman of Evercore ISI. \"So far, the economy is doing fine,\" though he added that a recession could be just a little late in arriving this time.Earning its reputationThere is a reason yield-curve inversions precede recessions.Yields on Treasurys largely reflect investors' expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.Reasons for doubtStill, there have always been limitations to the yield curve as a forecasting tool.An inverted curve indicates that investors expect rate cuts, but it doesn't explain why they are making those wagers.Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed's 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&P 500 24% last year and a further 11% this year.Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.\"It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,\" he said.Pushing boundariesThere is no one definition of an inverted curve.Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.Growing acceptanceThere is little indication that the inversion will end soon.Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.A few recent economic reports haven't been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.\"The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,\" he said. \"But I do think now this has become kind of the new normal.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311101770068104,"gmtCreate":1716958215429,"gmtModify":1716958220113,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Bull market, it's anyone gamble ! Looking forward to winning :)","listText":"Bull market, it's anyone gamble ! Looking forward to winning :)","text":"Bull market, it's anyone gamble ! Looking forward to winning :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311101770068104","isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311099151134744,"gmtCreate":1716957545607,"gmtModify":1716964985477,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"title":"Invest with Tiger Brokers and get NZ$50 cash bonus! *","htmlText":"Find out more here:<a href=\"https://tigr.link/88WtiU\">Invest with Tiger Brokers and get NZ$50 cash bonus! *</a> Sign up and fund your account using my referral link to get NZ$50 cash bonus. &amp; Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&amp;Cs apply.","listText":"Find out more here:<a href=\"https://tigr.link/88WtiU\">Invest with Tiger Brokers and get NZ$50 cash bonus! *</a> Sign up and fund your account using my referral link to get NZ$50 cash bonus. &amp; Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&amp;Cs apply.","text":"Find out more here:Invest with Tiger Brokers and get NZ$50 cash bonus! * Sign up and fund your account using my referral link to get NZ$50 cash bonus. & Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&Cs apply.","images":[{"img":"https://static.tigerbbs.com/2ab3ebee9912c2f1132ab67e0da1c529"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/311099151134744","isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":311097152241944,"gmtCreate":1716957116826,"gmtModify":1716957120269,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311097152241944","repostId":"309418837233720","repostType":1,"repost":{"id":309418837233720,"gmtCreate":1716568097350,"gmtModify":1716568319870,"author":{"id":"4141429963588842","authorId":"4141429963588842","authorIdStr":"4141429963588842","name":"TigerGPT","avatar":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4141429963588842"},"themes":[],"title":"Q: What is Faraday Future Intelligent Electric Inc. 2023/Q4 Earnings Preview?","htmlText":"<a href=\"https://ttm.financial/gpt\">TigerGPT</a> Answer: 【Forecast Data】 The financial forecast data for Faraday Future Intelligent Electric Inc. (FFIE) this quarter includes an estimated earnings per share (EPS) of -$3.51 and total revenue of $2,039,000. Since the actual EPS and revenue for the same period last year were -$76.80 and $0.00 respectively, the percentage changes are not directly comparable due to the prior year's EPS being a large negative number and the revenue being zero. However, the forecast suggests a significant improvement in revenue, indicating a potential shift from a pre-revenue stage to generating sales. The EPS is still negative, which suggests the company is expected to incur a loss, but it's not clear how this compares to the prior year's loss due to the scale o","listText":"<a href=\"https://ttm.financial/gpt\">TigerGPT</a> Answer: 【Forecast Data】 The financial forecast data for Faraday Future Intelligent Electric Inc. (FFIE) this quarter includes an estimated earnings per share (EPS) of -$3.51 and total revenue of $2,039,000. Since the actual EPS and revenue for the same period last year were -$76.80 and $0.00 respectively, the percentage changes are not directly comparable due to the prior year's EPS being a large negative number and the revenue being zero. However, the forecast suggests a significant improvement in revenue, indicating a potential shift from a pre-revenue stage to generating sales. The EPS is still negative, which suggests the company is expected to incur a loss, but it's not clear how this compares to the prior year's loss due to the scale o","text":"TigerGPT Answer: 【Forecast Data】 The financial forecast data for Faraday Future Intelligent Electric Inc. (FFIE) this quarter includes an estimated earnings per share (EPS) of -$3.51 and total revenue of $2,039,000. Since the actual EPS and revenue for the same period last year were -$76.80 and $0.00 respectively, the percentage changes are not directly comparable due to the prior year's EPS being a large negative number and the revenue being zero. However, the forecast suggests a significant improvement in revenue, indicating a potential shift from a pre-revenue stage to generating sales. The EPS is still negative, which suggests the company is expected to incur a loss, but it's not clear how this compares to the prior year's loss due to the scale o","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/309418837233720","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311096954372376,"gmtCreate":1716957068519,"gmtModify":1716957071924,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":":o","listText":":o","text":":o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311096954372376","repostId":"311045771419784","repostType":1,"repost":{"id":311045771419784,"gmtCreate":1716944543884,"gmtModify":1717039711264,"author":{"id":"3581734406950755","authorId":"3581734406950755","authorIdStr":"3581734406950755","name":"Shyon","avatar":"https://static.tigerbbs.com/2a3423cbda71d7a89cd2f2f2d6744330","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581734406950755"},"themes":[],"htmlText":"Among those companies listed in the AI spider web, my top favourites will be <a href=\"https://ttm.financial/S/KLAC\"> $KLA-Tencor(KLAC)$ </a><a href=\"https://ttm.financial/S/AMAT\"> $Applied Materials(AMAT)$ </a><a href=\"https://ttm.financial/S/PLTR\"> $Palantir Technologies Inc.(PLTR)$ </a><a href=\"https://ttm.financial/S/MU\"> $Micron Technology(MU)$ </a><a href=\"https://ttm.financial/S/ASML\"> $</a><a href=\"https://ttm.financial/S/ASML\">ASML</a><a href=\"https://ttm.financial/S/ASML\"> Holding NV(</a><a href=\"https://ttm.financial/S/ASML\">ASML</a><a href=\"https://ttm.financial/S/ASML\">)$ </a>for their leader position in their respective field, as well as their innovation and growth over the years! To be honest, plenty of good choices.","listText":"Among those companies listed in the AI spider web, my top favourites will be <a href=\"https://ttm.financial/S/KLAC\"> $KLA-Tencor(KLAC)$ </a><a href=\"https://ttm.financial/S/AMAT\"> $Applied Materials(AMAT)$ </a><a href=\"https://ttm.financial/S/PLTR\"> $Palantir Technologies Inc.(PLTR)$ </a><a href=\"https://ttm.financial/S/MU\"> $Micron Technology(MU)$ </a><a href=\"https://ttm.financial/S/ASML\"> $</a><a href=\"https://ttm.financial/S/ASML\">ASML</a><a href=\"https://ttm.financial/S/ASML\"> Holding NV(</a><a href=\"https://ttm.financial/S/ASML\">ASML</a><a href=\"https://ttm.financial/S/ASML\">)$ </a>for their leader position in their respective field, as well as their innovation and growth over the years! To be honest, plenty of good choices.","text":"Among those companies listed in the AI spider web, my top favourites will be $KLA-Tencor(KLAC)$ $Applied Materials(AMAT)$ $Palantir Technologies Inc.(PLTR)$ $Micron Technology(MU)$ $ASML Holding NV(ASML)$ for their leader position in their respective field, as well as their innovation and growth over the years! To be honest, plenty of good choices.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311045771419784","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311027379363880,"gmtCreate":1716939976074,"gmtModify":1716939980031,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Lessshgooo. Time to trade :)","listText":"Lessshgooo. Time to trade :)","text":"Lessshgooo. Time to trade :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311027379363880","isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311026476736688,"gmtCreate":1716939854702,"gmtModify":1716940085748,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Watch this space :o","listText":"Watch this space :o","text":"Watch this space :o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311026476736688","repostId":"1154906470","repostType":4,"repost":{"id":"1154906470","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1716939144,"share":"https://ttm.financial/m/news/1154906470?lang=&edition=fundamental","pubTime":"2024-05-29 07:32","market":"us","language":"en","title":"Post-Bell | Nasdaq Closes Above 17,000; Nvidia Jumps 7%, Pushing Its Market Value Closer to Apple; GameStop Climbs 25%","url":"https://stock-news.laohu8.com/highlight/detail?id=1154906470","media":"Tiger Newspress","summary":"The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&P 500 closed barely higher and the Dow ended lower as Treasury yields rose.Nvidia jumped 7% and bo","content":"<html><head></head><body><p>The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&amp;P 500 closed barely higher and the Dow ended lower as Treasury yields rose.</p><p>Nvidia jumped 7% and boosted shares of other chip stocks as traders returned from a holiday-extended weekend. An index of semiconductors rose 1.9%.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average fell 216.73 points, or 0.55%, to 38,852.86, the S&amp;P 500 gained 1.32 points, or 0.02%, to 5,306.04 and the Nasdaq Composite gained 99.09 points, or 0.59%, to 17,019.88.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b9e6d7637099a80acda9b18135e3bbc2\" title=\"\" tg-width=\"508\" tg-height=\"105\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>GameStop</strong> jumped 25% after the videogame retailer on Friday said it completed an equity offering of 45 million shares for proceeds of about $933.4 million. GameStop said proceeds would be used for general corporate purposes, “which may include acquisitions and investments.” The at-the-market offering was disclosed in a filing May 17.</p><p style=\"text-align: start;\"><strong>Nvidia</strong> was up 7%. Shares of the chip maker were getting a boost from an announcement by Elon Musk that his xAI start-up raised $6 billion in its latest round of fund-raising. It’s expected that much of the newly raised cash should be spent on Nvidia’s hardware.</p><p style=\"text-align: start;\"><strong>Apple</strong> initially rose after Bloomberg, citing figures from the China Academy of Information and Communications Technology, reported that iPhone shipments in China rose 52% from a year earlier. But the stock ended the day flat.</p><p style=\"text-align: start;\"><strong>DraftKings</strong> fell 10% after Illinois senators passed a new budget that includes a tax increase on sports-betting operators. The legislation would make Illinois the second-most expensive state for wagering operators to do business in, according to iGamingBusiness.com. Flutter Entertainment, the parent company of FanDuel, declined 7.7%.</p><p style=\"text-align: start;\"><strong>Insmed</strong> surged 119% after the biopharmaceutical company reported positive top-line results from a Phase 3 study of its treatment for non-cystic fibrosis bronchiectasis. Insmed said it planned to file a new drug application with the Food and Drug Administration for brensocatib in patients with bronchiectasis in the fourth quarter.</p><p style=\"text-align: start;\"><strong>U.S. Cellular</strong> jumped 12% after T-Mobile agreed to acquire most of U.S. Cellular’s operations in a deal for roughly $4.4 billion. T-Mobile said it was buying “substantially all” of U.S. Cellular’s wireless operations and certain spectrum assets. The purchase price includes about $2 billion of assumed debt. The parent company of U.S. Cellular, Telephone &amp; Data Systems, was up 1.7%. T-Mobile rose 0.8%.</p><p style=\"text-align: start;\"><strong>Duolingo</strong> jumped 8.8% to $194.16 after analysts at JMP Securities upgraded shares of the language-learning app company to Outperform from Market Perform with a price target of $260.</p><p style=\"text-align: start;\"><strong>Norwegian Cruise Line Holdings</strong> was upgraded by Mizuho Securities to Buy from Neutral and the price target was raised to $24 from $21. The stock was up 3.5% to $16.56.</p><h3 id=\"id_2793407076\" style=\"text-align: start;\">Nvidia’s Market Cap Hasn’t Been This Close to Apple’s Since 2009</h3><p>Nvidia shares are on a major hot streak, while Apple’s stock has been in a rut this year. Now, the market-cap gap between the two companies is the tightest it’s been since 2009, as the chip maker looks to be the third-ever U.S. company to finish a trading day with a $3 trillion valuation.</p><p>As of the end of Tuesday’s session, Nvidia had a $2.848 trillion valuation, while Apple had a $2.913 trillion valuation. That meant the margin between the two was $65.80 billion — the narrowest it’s been since Jan. 20, 2009, according to Dow Jones Market Data.</p><p>The gap is nearly the size of Apple’s entire market cap at that January 2009 point: Back then, Apple’s market value was $69.56 billion, while Nvidia’s was $3.87 billion.</p><h3 id=\"id_564989988\" style=\"text-align: start;\">Cathie Wood’s $60 Million Venture Fund Nabs Stake in Elon Musk’s xAI</h3><p>Cathie Wood’s Ark Investment Management has purchased a stake in Elon Musk’s artificial-intelligence startup xAI, part of a growing wager that the nascent AI industry will revolutionize global tech.</p><p style=\"text-align: start;\">Wood’s Ark Venture Fund revealed the stake in an email to clients Tuesday. It represents about 2% of the fund’s holdings, Ark Chief Futurist Brett Winton said in an interview. The purchase comes a month after the fund disclosed a position in OpenAI that made up roughly 4% of its holdings. The closed-end interval fund also has a stake in AI firm Anthropic, accounting for about 5% of assets.</p><h3 id=\"id_247944701\" style=\"text-align: start;\">Robinhood Jumps on Plan to Buy Back Up to $1 Billion of Shares</h3><p>Robinhood Markets Inc. jumped after the retail brokerage announced a plan to repurchase as much as $1 billion of its own shares.</p><p style=\"text-align: start;\">The firm expects the buyback program to kick off in the third quarter and take place over a two to three year period, it said Tuesday in a filing. Shares in Robinhood jumped as much as 7.4% in late New York trading after the company said its board approved the repurchase plan.</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>Post-Bell | Nasdaq Closes Above 17,000; Nvidia Jumps 7%, Pushing Its Market Value Closer to Apple; GameStop Climbs 25%</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\">\nPost-Bell | Nasdaq Closes Above 17,000; Nvidia Jumps 7%, Pushing Its Market Value Closer to Apple; GameStop Climbs 25%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-29 07:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&amp;P 500 closed barely higher and the Dow ended lower as Treasury yields rose.</p><p>Nvidia jumped 7% and boosted shares of other chip stocks as traders returned from a holiday-extended weekend. An index of semiconductors rose 1.9%.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average fell 216.73 points, or 0.55%, to 38,852.86, the S&amp;P 500 gained 1.32 points, or 0.02%, to 5,306.04 and the Nasdaq Composite gained 99.09 points, or 0.59%, to 17,019.88.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b9e6d7637099a80acda9b18135e3bbc2\" title=\"\" tg-width=\"508\" tg-height=\"105\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>GameStop</strong> jumped 25% after the videogame retailer on Friday said it completed an equity offering of 45 million shares for proceeds of about $933.4 million. GameStop said proceeds would be used for general corporate purposes, “which may include acquisitions and investments.” The at-the-market offering was disclosed in a filing May 17.</p><p style=\"text-align: start;\"><strong>Nvidia</strong> was up 7%. Shares of the chip maker were getting a boost from an announcement by Elon Musk that his xAI start-up raised $6 billion in its latest round of fund-raising. It’s expected that much of the newly raised cash should be spent on Nvidia’s hardware.</p><p style=\"text-align: start;\"><strong>Apple</strong> initially rose after Bloomberg, citing figures from the China Academy of Information and Communications Technology, reported that iPhone shipments in China rose 52% from a year earlier. But the stock ended the day flat.</p><p style=\"text-align: start;\"><strong>DraftKings</strong> fell 10% after Illinois senators passed a new budget that includes a tax increase on sports-betting operators. The legislation would make Illinois the second-most expensive state for wagering operators to do business in, according to iGamingBusiness.com. Flutter Entertainment, the parent company of FanDuel, declined 7.7%.</p><p style=\"text-align: start;\"><strong>Insmed</strong> surged 119% after the biopharmaceutical company reported positive top-line results from a Phase 3 study of its treatment for non-cystic fibrosis bronchiectasis. Insmed said it planned to file a new drug application with the Food and Drug Administration for brensocatib in patients with bronchiectasis in the fourth quarter.</p><p style=\"text-align: start;\"><strong>U.S. Cellular</strong> jumped 12% after T-Mobile agreed to acquire most of U.S. Cellular’s operations in a deal for roughly $4.4 billion. T-Mobile said it was buying “substantially all” of U.S. Cellular’s wireless operations and certain spectrum assets. The purchase price includes about $2 billion of assumed debt. The parent company of U.S. Cellular, Telephone &amp; Data Systems, was up 1.7%. T-Mobile rose 0.8%.</p><p style=\"text-align: start;\"><strong>Duolingo</strong> jumped 8.8% to $194.16 after analysts at JMP Securities upgraded shares of the language-learning app company to Outperform from Market Perform with a price target of $260.</p><p style=\"text-align: start;\"><strong>Norwegian Cruise Line Holdings</strong> was upgraded by Mizuho Securities to Buy from Neutral and the price target was raised to $24 from $21. The stock was up 3.5% to $16.56.</p><h3 id=\"id_2793407076\" style=\"text-align: start;\">Nvidia’s Market Cap Hasn’t Been This Close to Apple’s Since 2009</h3><p>Nvidia shares are on a major hot streak, while Apple’s stock has been in a rut this year. Now, the market-cap gap between the two companies is the tightest it’s been since 2009, as the chip maker looks to be the third-ever U.S. company to finish a trading day with a $3 trillion valuation.</p><p>As of the end of Tuesday’s session, Nvidia had a $2.848 trillion valuation, while Apple had a $2.913 trillion valuation. That meant the margin between the two was $65.80 billion — the narrowest it’s been since Jan. 20, 2009, according to Dow Jones Market Data.</p><p>The gap is nearly the size of Apple’s entire market cap at that January 2009 point: Back then, Apple’s market value was $69.56 billion, while Nvidia’s was $3.87 billion.</p><h3 id=\"id_564989988\" style=\"text-align: start;\">Cathie Wood’s $60 Million Venture Fund Nabs Stake in Elon Musk’s xAI</h3><p>Cathie Wood’s Ark Investment Management has purchased a stake in Elon Musk’s artificial-intelligence startup xAI, part of a growing wager that the nascent AI industry will revolutionize global tech.</p><p style=\"text-align: start;\">Wood’s Ark Venture Fund revealed the stake in an email to clients Tuesday. It represents about 2% of the fund’s holdings, Ark Chief Futurist Brett Winton said in an interview. The purchase comes a month after the fund disclosed a position in OpenAI that made up roughly 4% of its holdings. The closed-end interval fund also has a stake in AI firm Anthropic, accounting for about 5% of assets.</p><h3 id=\"id_247944701\" style=\"text-align: start;\">Robinhood Jumps on Plan to Buy Back Up to $1 Billion of Shares</h3><p>Robinhood Markets Inc. jumped after the retail brokerage announced a plan to repurchase as much as $1 billion of its own shares.</p><p style=\"text-align: start;\">The firm expects the buyback program to kick off in the third quarter and take place over a two to three year period, it said Tuesday in a filing. Shares in Robinhood jumped as much as 7.4% in late New York trading after the company said its board approved the repurchase plan.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","AAPL":"苹果",".SPX":"S&P 500 Index","GME":"游戏驿站","NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154906470","content_text":"The Nasdaq crossed 17,000 for the first time ever on Tuesday, boosted by gains in Nvidia, while the S&P 500 closed barely higher and the Dow ended lower as Treasury yields rose.Nvidia jumped 7% and boosted shares of other chip stocks as traders returned from a holiday-extended weekend. An index of semiconductors rose 1.9%.Market SnapshotThe Dow Jones Industrial Average fell 216.73 points, or 0.55%, to 38,852.86, the S&P 500 gained 1.32 points, or 0.02%, to 5,306.04 and the Nasdaq Composite gained 99.09 points, or 0.59%, to 17,019.88.Market MoversGameStop jumped 25% after the videogame retailer on Friday said it completed an equity offering of 45 million shares for proceeds of about $933.4 million. GameStop said proceeds would be used for general corporate purposes, “which may include acquisitions and investments.” The at-the-market offering was disclosed in a filing May 17.Nvidia was up 7%. Shares of the chip maker were getting a boost from an announcement by Elon Musk that his xAI start-up raised $6 billion in its latest round of fund-raising. It’s expected that much of the newly raised cash should be spent on Nvidia’s hardware.Apple initially rose after Bloomberg, citing figures from the China Academy of Information and Communications Technology, reported that iPhone shipments in China rose 52% from a year earlier. But the stock ended the day flat.DraftKings fell 10% after Illinois senators passed a new budget that includes a tax increase on sports-betting operators. The legislation would make Illinois the second-most expensive state for wagering operators to do business in, according to iGamingBusiness.com. Flutter Entertainment, the parent company of FanDuel, declined 7.7%.Insmed surged 119% after the biopharmaceutical company reported positive top-line results from a Phase 3 study of its treatment for non-cystic fibrosis bronchiectasis. Insmed said it planned to file a new drug application with the Food and Drug Administration for brensocatib in patients with bronchiectasis in the fourth quarter.U.S. Cellular jumped 12% after T-Mobile agreed to acquire most of U.S. Cellular’s operations in a deal for roughly $4.4 billion. T-Mobile said it was buying “substantially all” of U.S. Cellular’s wireless operations and certain spectrum assets. The purchase price includes about $2 billion of assumed debt. The parent company of U.S. Cellular, Telephone & Data Systems, was up 1.7%. T-Mobile rose 0.8%.Duolingo jumped 8.8% to $194.16 after analysts at JMP Securities upgraded shares of the language-learning app company to Outperform from Market Perform with a price target of $260.Norwegian Cruise Line Holdings was upgraded by Mizuho Securities to Buy from Neutral and the price target was raised to $24 from $21. The stock was up 3.5% to $16.56.Nvidia’s Market Cap Hasn’t Been This Close to Apple’s Since 2009Nvidia shares are on a major hot streak, while Apple’s stock has been in a rut this year. Now, the market-cap gap between the two companies is the tightest it’s been since 2009, as the chip maker looks to be the third-ever U.S. company to finish a trading day with a $3 trillion valuation.As of the end of Tuesday’s session, Nvidia had a $2.848 trillion valuation, while Apple had a $2.913 trillion valuation. That meant the margin between the two was $65.80 billion — the narrowest it’s been since Jan. 20, 2009, according to Dow Jones Market Data.The gap is nearly the size of Apple’s entire market cap at that January 2009 point: Back then, Apple’s market value was $69.56 billion, while Nvidia’s was $3.87 billion.Cathie Wood’s $60 Million Venture Fund Nabs Stake in Elon Musk’s xAICathie Wood’s Ark Investment Management has purchased a stake in Elon Musk’s artificial-intelligence startup xAI, part of a growing wager that the nascent AI industry will revolutionize global tech.Wood’s Ark Venture Fund revealed the stake in an email to clients Tuesday. It represents about 2% of the fund’s holdings, Ark Chief Futurist Brett Winton said in an interview. The purchase comes a month after the fund disclosed a position in OpenAI that made up roughly 4% of its holdings. The closed-end interval fund also has a stake in AI firm Anthropic, accounting for about 5% of assets.Robinhood Jumps on Plan to Buy Back Up to $1 Billion of SharesRobinhood Markets Inc. jumped after the retail brokerage announced a plan to repurchase as much as $1 billion of its own shares.The firm expects the buyback program to kick off in the third quarter and take place over a two to three year period, it said Tuesday in a filing. Shares in Robinhood jumped as much as 7.4% in late New York trading after the company said its board approved the repurchase plan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311026300371176,"gmtCreate":1716939684569,"gmtModify":1716940085559,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311026300371176","repostId":"1138346722","repostType":2,"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311025955532840,"gmtCreate":1716939628459,"gmtModify":1716940085592,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311025955532840","repostId":"2439536412","repostType":2,"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311026019467424,"gmtCreate":1716939613031,"gmtModify":1716940085550,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Is it surprising though ? Invest in futures!","listText":"Is it surprising though ? Invest in futures!","text":"Is it surprising though ? Invest in futures!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311026019467424","repostId":"2439536412","repostType":2,"repost":{"id":"2439536412","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1716931469,"share":"https://ttm.financial/m/news/2439536412?lang=&edition=fundamental","pubTime":"2024-05-29 05:24","market":"hk","language":"en","title":"Faraday Future FY 2023 GAAP EPS $(44.81) Beats $(47.97) Estimate, Sales $784.000K Miss $2.590M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2439536412","media":"Benzinga","summary":"Faraday Future (NASDAQ:FFIE) reported quarterly losses of $(44.81) per share which beat the analyst consensus estimate of $(47.97) by 6.59 percent.  The company reported quarterly sales of $784.000 thousand which missed","content":"<html><body><p><a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a> (NASDAQ:FFIE) reported quarterly losses of $(44.81) per share which beat the analyst consensus estimate of $(47.97) by 6.59 percent.  The company reported quarterly sales of $784.000 thousand which missed the analyst consensus estimate of $2.590 million by 69.73 percent.</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>Faraday Future FY 2023 GAAP EPS $(44.81) Beats $(47.97) Estimate, Sales $784.000K Miss $2.590M Estimate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nFaraday Future FY 2023 GAAP EPS $(44.81) Beats $(47.97) Estimate, Sales $784.000K Miss $2.590M Estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2024-05-29 05:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a> (NASDAQ:FFIE) reported quarterly losses of $(44.81) per share which beat the analyst consensus estimate of $(47.97) by 6.59 percent.  The company reported quarterly sales of $784.000 thousand which missed the analyst consensus estimate of $2.590 million by 69.73 percent.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FFIE":"Faraday Future"},"source_url":"https://www.benzinga.com/news/earnings/24/05/39049503/faraday-future-fy-2023-gaap-eps-44-81-beats-47-97-estimate-sales-784-000k-miss-2-590m-estimate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2439536412","content_text":"Faraday Future (NASDAQ:FFIE) reported quarterly losses of $(44.81) per share which beat the analyst consensus estimate of $(47.97) by 6.59 percent.  The company reported quarterly sales of $784.000 thousand which missed the analyst consensus estimate of $2.590 million by 69.73 percent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":311336804544552,"gmtCreate":1717009296338,"gmtModify":1717009300336,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> Xiaomi makes cars now ?!! China is joining the ranks of high quality EV s","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> Xiaomi makes cars now ?!! 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T&Cs apply.","images":[{"img":"https://static.tigerbbs.com/2ab3ebee9912c2f1132ab67e0da1c529"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/311099151134744","isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":311027379363880,"gmtCreate":1716939976074,"gmtModify":1716939980031,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Lessshgooo. Time to trade :)","listText":"Lessshgooo. Time to trade :)","text":"Lessshgooo. Time to trade :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311027379363880","isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311311837454360,"gmtCreate":1717009470977,"gmtModify":1717009475279,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"NVDA = investing in our families future !&nbsp;","listText":"NVDA = investing in our families future !&nbsp;","text":"NVDA = investing in our families future !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311311837454360","isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311312451162232,"gmtCreate":1717009542585,"gmtModify":1717009546616,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"I support this ! AI is the future.... just ask Tiger GPT!","listText":"I support this ! AI is the future.... just ask Tiger GPT!","text":"I support this ! AI is the future.... just ask Tiger GPT!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311312451162232","isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311311563612296,"gmtCreate":1717009434556,"gmtModify":1717009438286,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Follow the money and pick a theme . Like Semiconductors and tech ! Or women led&nbsp; companies in the S&amp;P !&nbsp;","listText":"Follow the money and pick a theme . Like Semiconductors and tech ! Or women led&nbsp; companies in the S&amp;P !&nbsp;","text":"Follow the money and pick a theme . Like Semiconductors and tech ! Or women led companies in the S&P !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311311563612296","isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311311248539680,"gmtCreate":1717009354873,"gmtModify":1717009358226,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> the market never sleeps 💤&nbsp;","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> the market never sleeps 💤&nbsp;","text":"$Tiger Brokers(TIGR)$ the market never sleeps 💤","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311311248539680","isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311311583834232,"gmtCreate":1717009330835,"gmtModify":1717009334522,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> Rest is for the weekend , fellow bull traders !","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> Rest is for the weekend , fellow bull traders !","text":"$Tiger Brokers(TIGR)$ Rest is for the weekend , fellow bull traders !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311311583834232","isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311310884143128,"gmtCreate":1717009238236,"gmtModify":1717009242497,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Definately support Teslas move in to this space.&nbsp;&nbsp;","listText":"Definately support Teslas move in to this space.&nbsp;&nbsp;","text":"Definately support Teslas move in to this space.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311310884143128","isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311336350199848,"gmtCreate":1717009185415,"gmtModify":1717009189471,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Self driving trucks means less harm on the roads,&nbsp; less overworked and overtired&nbsp;truck drivers and safer communities overall.&nbsp; Surely we support Tesla?&nbsp;","listText":"Self driving trucks means less harm on the roads,&nbsp; less overworked and overtired&nbsp;truck drivers and safer communities overall.&nbsp; Surely we support Tesla?&nbsp;","text":"Self driving trucks means less harm on the roads, less overworked and overtired truck drivers and safer communities overall. Surely we support Tesla?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311336350199848","isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311124555178216,"gmtCreate":1716963672559,"gmtModify":1716963674442,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311124555178216","repostId":"2438400023","repostType":2,"repost":{"id":"2438400023","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1716950622,"share":"https://ttm.financial/m/news/2438400023?lang=&edition=fundamental","pubTime":"2024-05-29 10:43","market":"sg","language":"en","title":"Wall Street's Favorite Recession Indicator Is in a Slump of Its Own","url":"https://stock-news.laohu8.com/highlight/detail?id=2438400023","media":"Dow Jones","summary":"One of Wall Street's favorite recession indicators looks broken.An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven't been any glaring false alarms.Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.Bets on cuts could reflect some chance of a recession but also some probability of a benign","content":"<html><head></head><body><p>One of Wall Street&#39;s favorite recession indicators looks broken.</p><p>An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven&#39;t been any glaring false alarms.</p><p>Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.</p><p>If a recession doesn&#39;t materialize soon, it could do lasting damage to the yield curve&#39;s status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn&#39;t be as worried when another inversion occurs in the future.</p><p>&#34;It&#39;s not working,&#34; said Ed Hyman, chairman of <a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI. &#34;So far, the economy is doing fine,&#34; though he added that a recession could be just a little late in arriving this time.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/786e45d1c2d03b2df9d3c24d9de727b0\" tg-width=\"722\" tg-height=\"424\"/></p><p><strong>Earning its reputation</strong></p><p>There is a reason yield-curve inversions precede recessions.</p><p>Yields on Treasurys largely reflect investors&#39; expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/96ada24e2940cb3f71bedfa62a54cd0a\" tg-width=\"740\" tg-height=\"810\"/></p><p>The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.</p><p>Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.</p><p>Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7709be57bb0250200ec923eec019ab26\" tg-width=\"741\" tg-height=\"418\"/></p><p><strong>Reasons for doubt</strong></p><p>Still, there have always been limitations to the yield curve as a forecasting tool.</p><p>An inverted curve indicates that investors expect rate cuts, but it doesn&#39;t explain why they are making those wagers.</p><p>Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.</p><p>Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.</p><p>In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.</p><p>In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.</p><p>Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed&#39;s 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.</p><p>Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&amp;P 500 24% last year and a further 11% this year.</p><p>Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.</p><p>&#34;It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,&#34; he said.</p><p><strong>Pushing boundaries</strong></p><p>There is no one definition of an inverted curve.</p><p>Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.</p><p>There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?</p><p>By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.</p><p>Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.</p><p>By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/777500f465c0ed0947d9eb6b6a386952\" tg-width=\"736\" tg-height=\"479\"/></p><p><strong>Growing acceptance</strong></p><p>There is little indication that the inversion will end soon.</p><p>Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.</p><p>A few recent economic reports haven&#39;t been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.</p><p>&#34;The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,&#34; he said. &#34;But I do think now this has become kind of the new normal.&#34;</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street's Favorite Recession Indicator Is in a Slump of Its Own</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\">\nWall Street's Favorite Recession Indicator Is in a Slump of Its Own\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-29 10:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>One of Wall Street&#39;s favorite recession indicators looks broken.</p><p>An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven&#39;t been any glaring false alarms.</p><p>Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.</p><p>If a recession doesn&#39;t materialize soon, it could do lasting damage to the yield curve&#39;s status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn&#39;t be as worried when another inversion occurs in the future.</p><p>&#34;It&#39;s not working,&#34; said Ed Hyman, chairman of <a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI. &#34;So far, the economy is doing fine,&#34; though he added that a recession could be just a little late in arriving this time.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/786e45d1c2d03b2df9d3c24d9de727b0\" tg-width=\"722\" tg-height=\"424\"/></p><p><strong>Earning its reputation</strong></p><p>There is a reason yield-curve inversions precede recessions.</p><p>Yields on Treasurys largely reflect investors&#39; expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/96ada24e2940cb3f71bedfa62a54cd0a\" tg-width=\"740\" tg-height=\"810\"/></p><p>The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.</p><p>Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.</p><p>Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7709be57bb0250200ec923eec019ab26\" tg-width=\"741\" tg-height=\"418\"/></p><p><strong>Reasons for doubt</strong></p><p>Still, there have always been limitations to the yield curve as a forecasting tool.</p><p>An inverted curve indicates that investors expect rate cuts, but it doesn&#39;t explain why they are making those wagers.</p><p>Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.</p><p>Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.</p><p>In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.</p><p>In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.</p><p>Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed&#39;s 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.</p><p>Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&amp;P 500 24% last year and a further 11% this year.</p><p>Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.</p><p>&#34;It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,&#34; he said.</p><p><strong>Pushing boundaries</strong></p><p>There is no one definition of an inverted curve.</p><p>Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.</p><p>There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?</p><p>By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.</p><p>Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.</p><p>By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/777500f465c0ed0947d9eb6b6a386952\" tg-width=\"736\" tg-height=\"479\"/></p><p><strong>Growing acceptance</strong></p><p>There is little indication that the inversion will end soon.</p><p>Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.</p><p>A few recent economic reports haven&#39;t been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.</p><p>&#34;The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,&#34; he said. &#34;But I do think now this has become kind of the new normal.&#34;</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2438400023","content_text":"One of Wall Street's favorite recession indicators looks broken.An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven't been any glaring false alarms.Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.If a recession doesn't materialize soon, it could do lasting damage to the yield curve's status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn't be as worried when another inversion occurs in the future.\"It's not working,\" said Ed Hyman, chairman of Evercore ISI. \"So far, the economy is doing fine,\" though he added that a recession could be just a little late in arriving this time.Earning its reputationThere is a reason yield-curve inversions precede recessions.Yields on Treasurys largely reflect investors' expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.Reasons for doubtStill, there have always been limitations to the yield curve as a forecasting tool.An inverted curve indicates that investors expect rate cuts, but it doesn't explain why they are making those wagers.Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed's 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&P 500 24% last year and a further 11% this year.Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.\"It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,\" he said.Pushing boundariesThere is no one definition of an inverted curve.Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.Growing acceptanceThere is little indication that the inversion will end soon.Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.A few recent economic reports haven't been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.\"The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,\" he said. \"But I do think now this has become kind of the new normal.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311123823255784,"gmtCreate":1716963493867,"gmtModify":1716963498593,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311123823255784","repostId":"2438400023","repostType":2,"repost":{"id":"2438400023","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1716950622,"share":"https://ttm.financial/m/news/2438400023?lang=&edition=fundamental","pubTime":"2024-05-29 10:43","market":"sg","language":"en","title":"Wall Street's Favorite Recession Indicator Is in a Slump of Its Own","url":"https://stock-news.laohu8.com/highlight/detail?id=2438400023","media":"Dow Jones","summary":"One of Wall Street's favorite recession indicators looks broken.An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven't been any glaring false alarms.Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.Bets on cuts could reflect some chance of a recession but also some probability of a benign","content":"<html><head></head><body><p>One of Wall Street&#39;s favorite recession indicators looks broken.</p><p>An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven&#39;t been any glaring false alarms.</p><p>Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.</p><p>If a recession doesn&#39;t materialize soon, it could do lasting damage to the yield curve&#39;s status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn&#39;t be as worried when another inversion occurs in the future.</p><p>&#34;It&#39;s not working,&#34; said Ed Hyman, chairman of <a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI. &#34;So far, the economy is doing fine,&#34; though he added that a recession could be just a little late in arriving this time.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/786e45d1c2d03b2df9d3c24d9de727b0\" tg-width=\"722\" tg-height=\"424\"/></p><p><strong>Earning its reputation</strong></p><p>There is a reason yield-curve inversions precede recessions.</p><p>Yields on Treasurys largely reflect investors&#39; expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/96ada24e2940cb3f71bedfa62a54cd0a\" tg-width=\"740\" tg-height=\"810\"/></p><p>The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.</p><p>Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.</p><p>Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7709be57bb0250200ec923eec019ab26\" tg-width=\"741\" tg-height=\"418\"/></p><p><strong>Reasons for doubt</strong></p><p>Still, there have always been limitations to the yield curve as a forecasting tool.</p><p>An inverted curve indicates that investors expect rate cuts, but it doesn&#39;t explain why they are making those wagers.</p><p>Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.</p><p>Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.</p><p>In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.</p><p>In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.</p><p>Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed&#39;s 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.</p><p>Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&amp;P 500 24% last year and a further 11% this year.</p><p>Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.</p><p>&#34;It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,&#34; he said.</p><p><strong>Pushing boundaries</strong></p><p>There is no one definition of an inverted curve.</p><p>Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.</p><p>There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?</p><p>By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.</p><p>Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.</p><p>By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/777500f465c0ed0947d9eb6b6a386952\" tg-width=\"736\" tg-height=\"479\"/></p><p><strong>Growing acceptance</strong></p><p>There is little indication that the inversion will end soon.</p><p>Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.</p><p>A few recent economic reports haven&#39;t been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.</p><p>&#34;The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,&#34; he said. &#34;But I do think now this has become kind of the new normal.&#34;</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street's Favorite Recession Indicator Is in a Slump of Its Own</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\">\nWall Street's Favorite Recession Indicator Is in a Slump of Its Own\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-29 10:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>One of Wall Street&#39;s favorite recession indicators looks broken.</p><p>An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven&#39;t been any glaring false alarms.</p><p>Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.</p><p>If a recession doesn&#39;t materialize soon, it could do lasting damage to the yield curve&#39;s status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn&#39;t be as worried when another inversion occurs in the future.</p><p>&#34;It&#39;s not working,&#34; said Ed Hyman, chairman of <a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI. &#34;So far, the economy is doing fine,&#34; though he added that a recession could be just a little late in arriving this time.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/786e45d1c2d03b2df9d3c24d9de727b0\" tg-width=\"722\" tg-height=\"424\"/></p><p><strong>Earning its reputation</strong></p><p>There is a reason yield-curve inversions precede recessions.</p><p>Yields on Treasurys largely reflect investors&#39; expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/96ada24e2940cb3f71bedfa62a54cd0a\" tg-width=\"740\" tg-height=\"810\"/></p><p>The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.</p><p>Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.</p><p>Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7709be57bb0250200ec923eec019ab26\" tg-width=\"741\" tg-height=\"418\"/></p><p><strong>Reasons for doubt</strong></p><p>Still, there have always been limitations to the yield curve as a forecasting tool.</p><p>An inverted curve indicates that investors expect rate cuts, but it doesn&#39;t explain why they are making those wagers.</p><p>Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.</p><p>Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.</p><p>In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.</p><p>In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.</p><p>Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed&#39;s 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.</p><p>Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&amp;P 500 24% last year and a further 11% this year.</p><p>Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.</p><p>&#34;It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,&#34; he said.</p><p><strong>Pushing boundaries</strong></p><p>There is no one definition of an inverted curve.</p><p>Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.</p><p>There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?</p><p>By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.</p><p>Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.</p><p>By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/777500f465c0ed0947d9eb6b6a386952\" tg-width=\"736\" tg-height=\"479\"/></p><p><strong>Growing acceptance</strong></p><p>There is little indication that the inversion will end soon.</p><p>Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.</p><p>A few recent economic reports haven&#39;t been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.</p><p>&#34;The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,&#34; he said. &#34;But I do think now this has become kind of the new normal.&#34;</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2438400023","content_text":"One of Wall Street's favorite recession indicators looks broken.An anomaly known as an inverted yield curve, in which yields on short-term Treasurys exceed those of longer-term government debt, has long been taken as a nearly surefire signal that an economic pullback looms. In each of the previous eight U.S. downturns, that has happened before the economy sputtered. There haven't been any glaring false alarms.Now, though, that streak is threatened. The yield curve has been inverted for a record stretch -- around 400 trading sessions or more by some measures -- with no signs of a major slowdown. U.S. employers added a solid 175,000 jobs last month, and economic growth this quarter is expected to pick up from earlier in the year.If a recession doesn't materialize soon, it could do lasting damage to the yield curve's status as a warning system, providing one of the most significant examples of how the fallout from the Covid-19 pandemic has upended longstanding assumptions on Wall Street about how markets and the economy function. Even if the past couple of years have been unusual, investors likely wouldn't be as worried when another inversion occurs in the future.\"It's not working,\" said Ed Hyman, chairman of Evercore ISI. \"So far, the economy is doing fine,\" though he added that a recession could be just a little late in arriving this time.Earning its reputationThere is a reason yield-curve inversions precede recessions.Yields on Treasurys largely reflect investors' expectations for what short-term interest rates set by the Federal Reserve will average over the life of a bond. When longer-term yields fall below short-term yields, it is a sign that investors expect the Fed to cut interest rates -- something it often does to jump-start a faltering economy.The near-mythical status of the inverted yield curve as a harbinger of downturns took time to develop. One of the first to put a spotlight on the link between inverted curves and recessions was Campbell Harvey, now a finance professor at Duke University, who published a dissertation on the subject in 1986.Inverted yield curves were discussed on Wall Street and at the Fed in the 1990s but remained a relatively niche subject until after the 2008 financial crisis, Harvey said. Then people started taking stock of warning signs they had initially played down.Data from Factiva supports that narrative, showing a huge increase in the number of news articles mentioning the yield curve when it inverted in 2019 compared with previous inversions.Reasons for doubtStill, there have always been limitations to the yield curve as a forecasting tool.An inverted curve indicates that investors expect rate cuts, but it doesn't explain why they are making those wagers.Bets on cuts could reflect some chance of a recession but also some probability of a benign scenario, with the Fed trimming rates as a precautionary measure even as growth remains stable.Inversions have reflected differing circumstances over the years. In the early 1980s, the Fed was hardly trying to avoid a recession when it raised rates to nearly 20% to fight double-digit inflation.In other cases, some economists believe that a recession could have been avoided had it not been for external shocks, such as the surge in oil prices when Iraq invaded Kuwait in 1990 or the Covid-19 pandemic in 2020.In the current situation, a recession has at times seemed likely. Forecasts for a downturn surged in 2022 as inflation kept climbing and the Fed started raising rates aggressively.Still, some economists remained confident that a recession could be avoided. Inflation, they argued, could fall at least part of the way to the Fed's 2% target on its own as businesses recovered from the pandemic and were able to boost output to meet customer demand again . Interest-rate increases were still needed but could be reversed before the economy slowed too much.Since then, inflation has fallen sharply with only a small uptick in the unemployment rate. The prospect of rate cuts without a recession has cheered investors, helping lift the S&P 500 24% last year and a further 11% this year.Harvey, the economist perhaps most associated with the inverted yield curve, has himself argued that the economy could avoid a recession this time.\"It is naive to think that you can just forecast the complex U.S. economy with a single measure from the bond market,\" he said.Pushing boundariesThere is no one definition of an inverted curve.Investors on Wall Street tend to focus on the 2-year Treasury note and the 10-year note because those bonds get traded often. Some economists prefer to measure the 10-year yield against the 3-month or 1-year yield.There is also the question of when to start a recession watch: Should it be when a part of the yield curve inverts for a day, or for longer than that?By several measures, the current wait for a downturn is already pushing up against, or surpassing, any in recent history.Since 1968, it has taken from nine to 24 months for a recession to materialize after the start of an inversion in which the 10-year yield fell below the 1-year yield for at least one month.By that definition, the latest inversion is about to end its 23rd month. Yet from the start of the inversion through April, the economy has added far more jobs than any comparable period that followed an inversion.Growing acceptanceThere is little indication that the inversion will end soon.Inversions have often ended shortly before recessions when rate cuts from the Fed came closer into view, leading to a big decline in short-term Treasury yields.A few recent economic reports haven't been as strong as expected. But it will take a lot more for investors to seriously bet on the yield curve un-inverting, given how poorly that wager has worked out over the past year-and-a-half, said Michael Lorizio, senior fixed-income trader at Manulife Investment Management.\"The curve inversion, especially earlier on in the cycle, played a major role in the psyche for investors,\" he said. \"But I do think now this has become kind of the new normal.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311101770068104,"gmtCreate":1716958215429,"gmtModify":1716958220113,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Bull market, it's anyone gamble ! Looking forward to winning :)","listText":"Bull market, it's anyone gamble ! Looking forward to winning :)","text":"Bull market, it's anyone gamble ! Looking forward to winning :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311101770068104","isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311097152241944,"gmtCreate":1716957116826,"gmtModify":1716957120269,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311097152241944","repostId":"309418837233720","repostType":1,"repost":{"id":309418837233720,"gmtCreate":1716568097350,"gmtModify":1716568319870,"author":{"id":"4141429963588842","authorId":"4141429963588842","authorIdStr":"4141429963588842","name":"TigerGPT","avatar":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4141429963588842"},"themes":[],"title":"Q: What is Faraday Future Intelligent Electric Inc. 2023/Q4 Earnings Preview?","htmlText":"<a href=\"https://ttm.financial/gpt\">TigerGPT</a> Answer: 【Forecast Data】 The financial forecast data for Faraday Future Intelligent Electric Inc. (FFIE) this quarter includes an estimated earnings per share (EPS) of -$3.51 and total revenue of $2,039,000. Since the actual EPS and revenue for the same period last year were -$76.80 and $0.00 respectively, the percentage changes are not directly comparable due to the prior year's EPS being a large negative number and the revenue being zero. However, the forecast suggests a significant improvement in revenue, indicating a potential shift from a pre-revenue stage to generating sales. The EPS is still negative, which suggests the company is expected to incur a loss, but it's not clear how this compares to the prior year's loss due to the scale o","listText":"<a href=\"https://ttm.financial/gpt\">TigerGPT</a> Answer: 【Forecast Data】 The financial forecast data for Faraday Future Intelligent Electric Inc. (FFIE) this quarter includes an estimated earnings per share (EPS) of -$3.51 and total revenue of $2,039,000. Since the actual EPS and revenue for the same period last year were -$76.80 and $0.00 respectively, the percentage changes are not directly comparable due to the prior year's EPS being a large negative number and the revenue being zero. However, the forecast suggests a significant improvement in revenue, indicating a potential shift from a pre-revenue stage to generating sales. The EPS is still negative, which suggests the company is expected to incur a loss, but it's not clear how this compares to the prior year's loss due to the scale o","text":"TigerGPT Answer: 【Forecast Data】 The financial forecast data for Faraday Future Intelligent Electric Inc. (FFIE) this quarter includes an estimated earnings per share (EPS) of -$3.51 and total revenue of $2,039,000. Since the actual EPS and revenue for the same period last year were -$76.80 and $0.00 respectively, the percentage changes are not directly comparable due to the prior year's EPS being a large negative number and the revenue being zero. However, the forecast suggests a significant improvement in revenue, indicating a potential shift from a pre-revenue stage to generating sales. The EPS is still negative, which suggests the company is expected to incur a loss, but it's not clear how this compares to the prior year's loss due to the scale o","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/309418837233720","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311096954372376,"gmtCreate":1716957068519,"gmtModify":1716957071924,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":":o","listText":":o","text":":o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311096954372376","repostId":"311045771419784","repostType":1,"repost":{"id":311045771419784,"gmtCreate":1716944543884,"gmtModify":1717039711264,"author":{"id":"3581734406950755","authorId":"3581734406950755","authorIdStr":"3581734406950755","name":"Shyon","avatar":"https://static.tigerbbs.com/2a3423cbda71d7a89cd2f2f2d6744330","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581734406950755"},"themes":[],"htmlText":"Among those companies listed in the AI spider web, my top favourites will be <a href=\"https://ttm.financial/S/KLAC\"> $KLA-Tencor(KLAC)$ </a><a href=\"https://ttm.financial/S/AMAT\"> $Applied Materials(AMAT)$ </a><a href=\"https://ttm.financial/S/PLTR\"> $Palantir Technologies Inc.(PLTR)$ </a><a href=\"https://ttm.financial/S/MU\"> $Micron Technology(MU)$ </a><a href=\"https://ttm.financial/S/ASML\"> $</a><a href=\"https://ttm.financial/S/ASML\">ASML</a><a href=\"https://ttm.financial/S/ASML\"> Holding NV(</a><a href=\"https://ttm.financial/S/ASML\">ASML</a><a href=\"https://ttm.financial/S/ASML\">)$ </a>for their leader position in their respective field, as well as their innovation and growth over the years! To be honest, plenty of good choices.","listText":"Among those companies listed in the AI spider web, my top favourites will be <a href=\"https://ttm.financial/S/KLAC\"> $KLA-Tencor(KLAC)$ </a><a href=\"https://ttm.financial/S/AMAT\"> $Applied Materials(AMAT)$ </a><a href=\"https://ttm.financial/S/PLTR\"> $Palantir Technologies Inc.(PLTR)$ </a><a href=\"https://ttm.financial/S/MU\"> $Micron Technology(MU)$ </a><a href=\"https://ttm.financial/S/ASML\"> $</a><a href=\"https://ttm.financial/S/ASML\">ASML</a><a href=\"https://ttm.financial/S/ASML\"> Holding NV(</a><a href=\"https://ttm.financial/S/ASML\">ASML</a><a href=\"https://ttm.financial/S/ASML\">)$ </a>for their leader position in their respective field, as well as their innovation and growth over the years! To be honest, plenty of good choices.","text":"Among those companies listed in the AI spider web, my top favourites will be $KLA-Tencor(KLAC)$ $Applied Materials(AMAT)$ $Palantir Technologies Inc.(PLTR)$ $Micron Technology(MU)$ $ASML Holding NV(ASML)$ for their leader position in their respective field, as well as their innovation and growth over the years! To be honest, plenty of good choices.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311045771419784","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311026476736688,"gmtCreate":1716939854702,"gmtModify":1716940085748,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Watch this space :o","listText":"Watch this space :o","text":"Watch this space :o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311026476736688","repostId":"1154906470","repostType":4,"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311026300371176,"gmtCreate":1716939684569,"gmtModify":1716940085559,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311026300371176","repostId":"1138346722","repostType":2,"repost":{"id":"1138346722","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1716910200,"share":"https://ttm.financial/m/news/1138346722?lang=&edition=fundamental","pubTime":"2024-05-28 23:30","market":"us","language":"en","title":"Top Calls on Wall Street | Nvidia, Apple, Microsoft, Meta, Dell, CrowdStrike, Airbnb and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1138346722","media":"Tiger Newspress","summary":"Here are Tuesday’s biggest calls on Wall Street:Melius reiterates Nvidia as buyMelius said it’s standing by its buy rating on the stock and that the shares have “a lotta value.”“Nvidia Shares Still Pa","content":"<html><head></head><body><p>Here are Tuesday’s biggest calls on Wall Street:</p><h2 id=\"id_3215884651\" style=\"text-align: start;\">Melius reiterates Nvidia as buy</h2><p>Melius said it’s standing by its buy rating on the stock and that the shares have “a lotta value.”</p><p>“Nvidia Shares Still Pack a Lotta Value.”</p><h2 id=\"id_544728138\" style=\"text-align: start;\">UBS reiterates Apple as neutral</h2><p>UBS said its checks show Apple’s iPhone shipments improving in China.</p><p>“Based on our analysis of China smartphone unit shipment “sell-in”, iPhone shipments in the month of April were up 52% YoY.”</p><h2 id=\"id_497265836\" style=\"text-align: start;\">Morgan Stanley reiterates Microsoft and Meta as overweight</h2><p>Morgan Stanley said in its analysis of large-cap institutional ownership that Microsoft is the most under-owned and Meta the most over-owned.</p><p>“MSFT remains the most under-owned mega cap tech stock we track, and META is most over-owned.”</p><h2 id=\"id_408760442\" style=\"text-align: start;\">Morgan Stanley reiterates Amazon as overweight</h2><p>Morgan Stanley said the e-commerce giant has a “widening” competitive advantage.</p><p>“AMZN’s competitive advantage seems to be widening, a product of its digital and fulfillment investments.”</p><h2 id=\"id_2341436851\" style=\"text-align: start;\">Evercore ISI reiterates Netflix as outperform</h2><p>Evercore raised its price target on the stock to $700 per share from $650 after a series of survey checks.</p><p>“We reit our Outperform, modestly raising estimates and boosting our PT to $700 in the wake of our detailed U.S. &amp; UK survey work as well as our proprietary analysis of Netflix’s Basic Plan sunsetting initiative.”</p><h2 id=\"id_260226625\" style=\"text-align: start;\">Loop reiterates Dell as buy</h2><p>Loop said Dell is a “legit Gen AI participant.”</p><p>“Raising our PT to $185 from $125 (as well as our normalized EPS to $11.00 from $10.00) as our work along with Loop Capital Supply Chain Analyst John Donovan continues to show legitimate Gen AI progression the last 90 days which seemingly could progress through CY2025.”</p><h2 id=\"id_2563418426\" style=\"text-align: start;\">Morgan Stanley reiterates CrowdStrike as a top pick</h2><p>Morgan Stanley raised its price target on the stock to $422 per share from $372.</p><p>“With an expanding TAM, improving upsell and FCF, we see CRWD surpassing $100B market cap in the NTM [next 12 months] and nearly doubling in 4-5 years.”</p><h2 id=\"id_2229083238\" style=\"text-align: start;\">Wedbush upgrades Airbnb to outperform from neutral</h2><p>Wedbush said investors should buy the dip in shares of Airbnb.</p><p>“We think investors should take advantage of this period of relative weakness and see potential upside to near term estimates following disappointing 2Q guidance that we view as conservative given positive travel data points thus far in 2Q.”</p><h2 id=\"id_738021567\" style=\"text-align: start;\">Argus downgrades Southwest to hold from buy</h2><p>Argus said it sees too many negative catalysts for shares of Southwest.</p><p>“Downgrading to HOLD. With employee costs high and aircraft deliveries delayed, the road to recovery is likely to take longer than anticipated.”</p><h2 id=\"id_658444761\" style=\"text-align: start;\">Mizuho upgrades Norwegian to buy from neutral</h2><p>Mizuho said in its upgrade of the cruise company that it sees an upside to earnings.</p><p>“NCLH has been a consensus short over the last two years, but we believe sentiment is beginning to shift.”</p><h2 id=\"id_2539406107\" style=\"text-align: start;\">Bank of America initiates Viking as buy</h2><p>Bank of America said it’s bullish on shares of the cruise company.</p><p>“Unlike cruise peers with a portfolio of brands for many demographics, Viking has a single brand with uniformity across its fleet, with recognizable offerings to its target market: affluent North American travelers ages 55+.”</p><h2 id=\"id_2453893323\" style=\"text-align: start;\">Wells Fargo downgrades ZScaler to equal weight from overweight</h2><p>Wells said it sees too many negative catalysts for the IT security company.</p><p>“We are downgrading shares of ZS to Equal Weight and lowering our PT to $182 (from $240).”</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>Top Calls on Wall Street | Nvidia, Apple, Microsoft, Meta, Dell, CrowdStrike, Airbnb and More</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop Calls on Wall Street | Nvidia, Apple, Microsoft, Meta, Dell, CrowdStrike, Airbnb and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-28 23:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Here are Tuesday’s biggest calls on Wall Street:</p><h2 id=\"id_3215884651\" style=\"text-align: start;\">Melius reiterates Nvidia as buy</h2><p>Melius said it’s standing by its buy rating on the stock and that the shares have “a lotta value.”</p><p>“Nvidia Shares Still Pack a Lotta Value.”</p><h2 id=\"id_544728138\" style=\"text-align: start;\">UBS reiterates Apple as neutral</h2><p>UBS said its checks show Apple’s iPhone shipments improving in China.</p><p>“Based on our analysis of China smartphone unit shipment “sell-in”, iPhone shipments in the month of April were up 52% YoY.”</p><h2 id=\"id_497265836\" style=\"text-align: start;\">Morgan Stanley reiterates Microsoft and Meta as overweight</h2><p>Morgan Stanley said in its analysis of large-cap institutional ownership that Microsoft is the most under-owned and Meta the most over-owned.</p><p>“MSFT remains the most under-owned mega cap tech stock we track, and META is most over-owned.”</p><h2 id=\"id_408760442\" style=\"text-align: start;\">Morgan Stanley reiterates Amazon as overweight</h2><p>Morgan Stanley said the e-commerce giant has a “widening” competitive advantage.</p><p>“AMZN’s competitive advantage seems to be widening, a product of its digital and fulfillment investments.”</p><h2 id=\"id_2341436851\" style=\"text-align: start;\">Evercore ISI reiterates Netflix as outperform</h2><p>Evercore raised its price target on the stock to $700 per share from $650 after a series of survey checks.</p><p>“We reit our Outperform, modestly raising estimates and boosting our PT to $700 in the wake of our detailed U.S. &amp; UK survey work as well as our proprietary analysis of Netflix’s Basic Plan sunsetting initiative.”</p><h2 id=\"id_260226625\" style=\"text-align: start;\">Loop reiterates Dell as buy</h2><p>Loop said Dell is a “legit Gen AI participant.”</p><p>“Raising our PT to $185 from $125 (as well as our normalized EPS to $11.00 from $10.00) as our work along with Loop Capital Supply Chain Analyst John Donovan continues to show legitimate Gen AI progression the last 90 days which seemingly could progress through CY2025.”</p><h2 id=\"id_2563418426\" style=\"text-align: start;\">Morgan Stanley reiterates CrowdStrike as a top pick</h2><p>Morgan Stanley raised its price target on the stock to $422 per share from $372.</p><p>“With an expanding TAM, improving upsell and FCF, we see CRWD surpassing $100B market cap in the NTM [next 12 months] and nearly doubling in 4-5 years.”</p><h2 id=\"id_2229083238\" style=\"text-align: start;\">Wedbush upgrades Airbnb to outperform from neutral</h2><p>Wedbush said investors should buy the dip in shares of Airbnb.</p><p>“We think investors should take advantage of this period of relative weakness and see potential upside to near term estimates following disappointing 2Q guidance that we view as conservative given positive travel data points thus far in 2Q.”</p><h2 id=\"id_738021567\" style=\"text-align: start;\">Argus downgrades Southwest to hold from buy</h2><p>Argus said it sees too many negative catalysts for shares of Southwest.</p><p>“Downgrading to HOLD. With employee costs high and aircraft deliveries delayed, the road to recovery is likely to take longer than anticipated.”</p><h2 id=\"id_658444761\" style=\"text-align: start;\">Mizuho upgrades Norwegian to buy from neutral</h2><p>Mizuho said in its upgrade of the cruise company that it sees an upside to earnings.</p><p>“NCLH has been a consensus short over the last two years, but we believe sentiment is beginning to shift.”</p><h2 id=\"id_2539406107\" style=\"text-align: start;\">Bank of America initiates Viking as buy</h2><p>Bank of America said it’s bullish on shares of the cruise company.</p><p>“Unlike cruise peers with a portfolio of brands for many demographics, Viking has a single brand with uniformity across its fleet, with recognizable offerings to its target market: affluent North American travelers ages 55+.”</p><h2 id=\"id_2453893323\" style=\"text-align: start;\">Wells Fargo downgrades ZScaler to equal weight from overweight</h2><p>Wells said it sees too many negative catalysts for the IT security company.</p><p>“We are downgrading shares of ZS to Equal Weight and lowering our PT to $182 (from $240).”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LUV":"西南航空","ZS":"Zscaler Inc.","META":"Meta Platforms","AAPL":"苹果","VIK":"Viking Holdings Ltd.","NCLH":"挪威邮轮","NFLX":"奈飞","NVDA":"英伟达","AMZN":"亚马逊","DELL":"戴尔","ABNB":"爱彼迎","CRWD":"CrowdStrike Holdings, Inc.","MSFT":"微软"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138346722","content_text":"Here are Tuesday’s biggest calls on Wall Street:Melius reiterates Nvidia as buyMelius said it’s standing by its buy rating on the stock and that the shares have “a lotta value.”“Nvidia Shares Still Pack a Lotta Value.”UBS reiterates Apple as neutralUBS said its checks show Apple’s iPhone shipments improving in China.“Based on our analysis of China smartphone unit shipment “sell-in”, iPhone shipments in the month of April were up 52% YoY.”Morgan Stanley reiterates Microsoft and Meta as overweightMorgan Stanley said in its analysis of large-cap institutional ownership that Microsoft is the most under-owned and Meta the most over-owned.“MSFT remains the most under-owned mega cap tech stock we track, and META is most over-owned.”Morgan Stanley reiterates Amazon as overweightMorgan Stanley said the e-commerce giant has a “widening” competitive advantage.“AMZN’s competitive advantage seems to be widening, a product of its digital and fulfillment investments.”Evercore ISI reiterates Netflix as outperformEvercore raised its price target on the stock to $700 per share from $650 after a series of survey checks.“We reit our Outperform, modestly raising estimates and boosting our PT to $700 in the wake of our detailed U.S. & UK survey work as well as our proprietary analysis of Netflix’s Basic Plan sunsetting initiative.”Loop reiterates Dell as buyLoop said Dell is a “legit Gen AI participant.”“Raising our PT to $185 from $125 (as well as our normalized EPS to $11.00 from $10.00) as our work along with Loop Capital Supply Chain Analyst John Donovan continues to show legitimate Gen AI progression the last 90 days which seemingly could progress through CY2025.”Morgan Stanley reiterates CrowdStrike as a top pickMorgan Stanley raised its price target on the stock to $422 per share from $372.“With an expanding TAM, improving upsell and FCF, we see CRWD surpassing $100B market cap in the NTM [next 12 months] and nearly doubling in 4-5 years.”Wedbush upgrades Airbnb to outperform from neutralWedbush said investors should buy the dip in shares of Airbnb.“We think investors should take advantage of this period of relative weakness and see potential upside to near term estimates following disappointing 2Q guidance that we view as conservative given positive travel data points thus far in 2Q.”Argus downgrades Southwest to hold from buyArgus said it sees too many negative catalysts for shares of Southwest.“Downgrading to HOLD. With employee costs high and aircraft deliveries delayed, the road to recovery is likely to take longer than anticipated.”Mizuho upgrades Norwegian to buy from neutralMizuho said in its upgrade of the cruise company that it sees an upside to earnings.“NCLH has been a consensus short over the last two years, but we believe sentiment is beginning to shift.”Bank of America initiates Viking as buyBank of America said it’s bullish on shares of the cruise company.“Unlike cruise peers with a portfolio of brands for many demographics, Viking has a single brand with uniformity across its fleet, with recognizable offerings to its target market: affluent North American travelers ages 55+.”Wells Fargo downgrades ZScaler to equal weight from overweightWells said it sees too many negative catalysts for the IT security company.“We are downgrading shares of ZS to Equal Weight and lowering our PT to $182 (from $240).”","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311025955532840,"gmtCreate":1716939628459,"gmtModify":1716940085592,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311025955532840","repostId":"2439536412","repostType":2,"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311026019467424,"gmtCreate":1716939613031,"gmtModify":1716940085550,"author":{"id":"4179632983189602","authorId":"4179632983189602","authorIdStr":"4179632983189602","name":"Lizzie880","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4179632983189602"},"themes":[],"htmlText":"Is it surprising though ? Invest in futures!","listText":"Is it surprising though ? Invest in futures!","text":"Is it surprising though ? Invest in futures!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311026019467424","repostId":"2439536412","repostType":2,"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}