The Reopening-Stock Rally Is Dead. What to Buy Next.

Barrons2021-07-28

The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research. The Fed’s easy-money policy has proven to be highly ...

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tkj
·2021-07-28
I don't quite understand. If the large cap stocks are driven mainly by the huge amount of monies in the market that has pushed their valuation over the top, shouldn't we be more cautious about buying them? There have always been talks that the market crash is coming. If it comes, these high valuation stocks will be the first to drop...
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waiwaiho
·2021-07-28
I rather hold back & observe
Reply
4
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- VPan:
  Same
  2021-07-28
  Reply
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Syee
·2021-07-28
Please like
Reply
5
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- DMC8:
  Ok
  2021-07-28
  Reply
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MJL88
·2021-07-28
Market uprise. Hold on first before let go...
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3
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CK23
·2021-07-28
Leggo $Facebook(FB)$$亞馬遜(AMZN)$
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3
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SherryVJ
·2021-07-28
I believe the will rebound back today
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4
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Babypegasus
·2021-07-28
Like and comment pls
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3
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- investorer:
  ok
  2021-07-28
  Reply
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Lance_Neo
·2021-07-28
Like comment please
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4
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- Babypegasus:
  Me too
  2021-07-28
  Reply
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RICHSG2021
·2021-07-28
Buy ASML
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2
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AyePwint
·2021-07-28
?‍♀️
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- ycwoo:
  lol
  2021-07-28
  Reply
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zero79
·2021-07-28
Scary market
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- 天下无双争霸天下:
  yeah
  2021-07-28
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iisterry
·2021-07-28
Like comment pls
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6
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- FunnyFun:
  Ok
  2021-07-28
  Reply
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- ycwoo:
  done
  2021-07-28
  Reply
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What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","article_id":"1194863261","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","pubTimestamp":1627459072,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. 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However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":801918387,"gmtCreate":1627479253249,"gmtModify":1703490738961,"author":{"id":"3582020830270271","authorId":"3582020830270271","name":"tkj","avatar":"https://static.tigerbbs.com/b4db3635974ce189ed8129eca6b5b618","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582020830270271","authorIdStr":"3582020830270271"},"htmlText":"I don't quite understand.&nbsp; If the large cap stocks are driven mainly by the huge amount of monies in the market that has pushed their valuation over the top, shouldn't we be more cautious about buying them? 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If it comes, these high valuation stocks will be the first to drop...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801918387","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. 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What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":801017662,"gmtCreate":1627472953956,"gmtModify":1703490604573,"author":{"id":"3573877891823690","authorId":"3573877891823690","name":"waiwaiho","avatar":"https://static.tigerbbs.com/b112a07bf435c07a2caef2264c1f3d2b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573877891823690","authorIdStr":"3573877891823690"},"htmlText":"I rather hold back &amp; observe&nbsp;","listText":"I rather hold back &amp; observe&nbsp;","text":"I rather hold back & observe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/801017662","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. What to Buy Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Reopening-Stock Rally Is Dead. What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5358174,"gmtCreate":1627475174942,"gmtModify":1663231621348,"authorId":3578897083763534,"author":{"id":3578897083763534,"idStr":"3578897083763534","authorId":3578897083763534,"name":"VPan","avatar":"https://static.tigerbbs.com/dd770f3df76391637ea1887ecf288d32","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801017662,"type":1,"supId":0,"prevId":0,"content":"Same","text":"Same","html":"Same"}],"langContent":"EN"},{"id":801007547,"gmtCreate":1627470309789,"gmtModify":1703490561424,"author":{"id":"3586941727436981","authorId":"3586941727436981","name":"Syee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586941727436981","authorIdStr":"3586941727436981"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/801007547","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. What to Buy Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Reopening-Stock Rally Is Dead. What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5357694,"gmtCreate":1627470765069,"gmtModify":1635219569291,"authorId":3579992296424941,"author":{"id":3579992296424941,"idStr":"3579992296424941","authorId":3579992296424941,"name":"DMC8","avatar":"https://static.tigerbbs.com/65aa8f5f6299558ce2ab36482793f750","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":801007547,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":801004169,"gmtCreate":1627470170851,"gmtModify":1703490559448,"author":{"id":"3571631804922639","authorId":"3571631804922639","name":"MJL88","avatar":"https://community-static.tradeup.com/news/f1db9b9e36e18ab46dce3ccfb38eabdb","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3571631804922639","authorIdStr":"3571631804922639"},"htmlText":"Market uprise. Hold on first before let go...","listText":"Market uprise. Hold on first before let go...","text":"Market uprise. Hold on first before let go...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801004169","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. What to Buy Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Reopening-Stock Rally Is Dead. What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":801005675,"gmtCreate":1627470089097,"gmtModify":1703490558287,"author":{"id":"3576754988367542","authorId":"3576754988367542","name":"CK23","avatar":"https://static.tigerbbs.com/53f3b1def608342d83d84bf4c2b9229c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576754988367542","authorIdStr":"3576754988367542"},"htmlText":"Leggo&nbsp;<a href=\"https://laohu8.com/S/FB\">$Facebook(FB)$</a><a href=\"https://laohu8.com/S/AMZN\">$亞馬遜(AMZN)$</a>","listText":"Leggo&nbsp;<a href=\"https://laohu8.com/S/FB\">$Facebook(FB)$</a><a href=\"https://laohu8.com/S/AMZN\">$亞馬遜(AMZN)$</a>","text":"Leggo $Facebook(FB)$$亞馬遜(AMZN)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801005675","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. What to Buy Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Reopening-Stock Rally Is Dead. What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":801005991,"gmtCreate":1627470048013,"gmtModify":1703490557459,"author":{"id":"3586426326873853","authorId":"3586426326873853","name":"SherryVJ","avatar":"https://community-static.tradeup.com/news/1881722e980e541f3c66ed217d5b91c6","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"idStr":"3586426326873853","authorIdStr":"3586426326873853"},"htmlText":"I believe the will rebound back today&nbsp;","listText":"I believe the will rebound back today&nbsp;","text":"I believe the will rebound back today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801005991","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. What to Buy Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Reopening-Stock Rally Is Dead. What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":803739047,"gmtCreate":1627462398189,"gmtModify":1703490430718,"author":{"id":"3583893737218100","authorId":"3583893737218100","name":"Babypegasus","avatar":"https://static.tigerbbs.com/31f55e881f0d486b542cce91a4a8d8be","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583893737218100","authorIdStr":"3583893737218100"},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/803739047","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. What to Buy Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Reopening-Stock Rally Is Dead. What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5357766,"gmtCreate":1627471508807,"gmtModify":1663231619725,"authorId":3583063161340511,"author":{"id":3583063161340511,"idStr":"3583063161340511","authorId":3583063161340511,"name":"investorer","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803739047,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":803794018,"gmtCreate":1627462174334,"gmtModify":1703490427080,"author":{"id":"3574885191575365","authorId":"3574885191575365","name":"Lance_Neo","avatar":"https://static.tigerbbs.com/52542b76828d058b227c8d7c5393f75e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574885191575365","authorIdStr":"3574885191575365"},"htmlText":"Like comment please&nbsp;","listText":"Like comment please&nbsp;","text":"Like comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/803794018","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. What to Buy Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Reopening-Stock Rally Is Dead. What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5356706,"gmtCreate":1627462389032,"gmtModify":1663231612732,"authorId":3583893737218100,"author":{"id":3583893737218100,"idStr":"3583893737218100","authorId":3583893737218100,"name":"Babypegasus","avatar":"https://static.tigerbbs.com/31f55e881f0d486b542cce91a4a8d8be","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803794018,"type":1,"supId":0,"prevId":0,"content":"Me too","text":"Me too","html":"Me too"}],"langContent":"EN"},{"id":803476989,"gmtCreate":1627460593741,"gmtModify":1703490393636,"author":{"id":"4089003739432960","authorId":"4089003739432960","name":"RICHSG2021","avatar":"https://community-static.tradeup.com/news/f8045e61c946c3076a0093ff550bf9c5","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4089003739432960","authorIdStr":"4089003739432960"},"htmlText":"Buy ASML","listText":"Buy ASML","text":"Buy ASML","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803476989","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. What to Buy Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Reopening-Stock Rally Is Dead. What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":803441260,"gmtCreate":1627459987350,"gmtModify":1703490377582,"author":{"id":"4087730204895250","authorId":"4087730204895250","name":"AyePwint","avatar":"https://static.tigerbbs.com/aa2605a7c80fe14f70fb61570253e304","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087730204895250","authorIdStr":"4087730204895250"},"htmlText":"?‍♀️","listText":"?‍♀️","text":"?‍♀️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/803441260","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. What to Buy Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Reopening-Stock Rally Is Dead. What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5356493,"gmtCreate":1627460798073,"gmtModify":1663231613130,"authorId":3565146699964497,"author":{"id":3565146699964497,"idStr":"3565146699964497","authorId":3565146699964497,"name":"ycwoo","avatar":"https://community-static.tradeup.com/news/2f48b4bbc66c0bf509f7199142c1a2f2","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803441260,"type":1,"supId":0,"prevId":0,"content":"lol","text":"lol","html":"lol"}],"langContent":"EN"},{"id":803456292,"gmtCreate":1627459547316,"gmtModify":1703490365522,"author":{"id":"3586590970630142","authorId":"3586590970630142","name":"zero79","avatar":"https://static.tigerbbs.com/18bdafe6e77141b002b8ed62dd5cc0e3","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3586590970630142","authorIdStr":"3586590970630142"},"htmlText":"Scary market&nbsp;","listText":"Scary market&nbsp;","text":"Scary market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/803456292","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. What to Buy Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Reopening-Stock Rally Is Dead. What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5356311,"gmtCreate":1627459877585,"gmtModify":1663231615039,"authorId":3578446005069822,"author":{"id":3578446005069822,"idStr":"3578446005069822","authorId":3578446005069822,"name":"天下无双争霸天下","avatar":"https://static.tigerbbs.com/03f66f3e933ad873069fb343b4c9ef65","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803456292,"type":1,"supId":0,"prevId":0,"content":"yeah","text":"yeah","html":"yeah"}],"langContent":"EN"},{"id":803459067,"gmtCreate":1627459362459,"gmtModify":1703490359466,"author":{"id":"3574735608125569","authorId":"3574735608125569","name":"iisterry","avatar":"https://static.tigerbbs.com/d1e6ac22c3e636a9e4d60bfd6d96be2a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574735608125569","authorIdStr":"3574735608125569"},"htmlText":"Like comment pls","listText":"Like comment pls","text":"Like comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/803459067","repostId":1194863261,"repostType":4,"repost":{"id":"1194863261","pubTimestamp":1627459072,"share":"https://ttm.financial/m/news/1194863261?lang=&edition=fundamental","pubTime":"2021-07-28 15:57","market":"us","language":"en","title":"The Reopening-Stock Rally Is Dead. What to Buy Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194863261","media":"Barrons","summary":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.Given this, Senyek argues that large-caps will benefit most, as they are part of th","content":"<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.</p>\n<p>The Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.</p>\n<p>Wolfe Chief Investment Strategist&nbsp;Chris Senyek&nbsp;and his team are hoping that the Fed&nbsp;will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.</p>\n<p>Given this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.</p>\n<p>In terms of sectors, Senyek writes that communication services and&nbsp;technology are the largest beneficiaries of the liquidity in markets&nbsp;because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.</p>\n<p>Despite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the&nbsp;subgroup won’t be able to meet the high expectations for the rebound in consumer spending.</p>\n<p>The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq Composite&nbsp;closed down 0.5% and 1.2%, respectively, on Tuesday.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Reopening-Stock Rally Is Dead. What to Buy Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Reopening-Stock Rally Is Dead. What to Buy Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly ...</p>\n\n<a href=\"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/reopening-stocks-what-to-buy-51627420853?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194863261","content_text":"The Federal Reserve’s growth-oriented monetary policy will continue to favor large-cap growth stocks, according to analysts at Wolfe Research.\nThe Fed’s easy-money policy has proven to be highly effective in providing liquidity and keeping businesses afloat during the pandemic. However, its inflationary consequences have already appeared, with the June consumer-price index registering its largest change since 2008.\nWolfe Chief Investment Strategist Chris Senyek and his team are hoping that the Fed will consider tapering its mortgage-backed security purchases.Currently, the central bank’s dovish stance “should help inflate the equity market bubble even further,” which would result in “sustained” rather than“transitory” inflation,writes Senyek. With heightened concerns about Covid-19’s Delta variant, however, the Fed is now unlikely to taper.\nGiven this, Senyek argues that large-caps will benefit most, as they are part of the stock-market bubbles currently driven by monetary policy. He points out that large-cap forward price/equityratios carry higher premiums compared with those of small-cap stocks, suggesting that the dovishness is boosting growth stocks compared with value.\nIn terms of sectors, Senyek writes that communication services and technology are the largest beneficiaries of the liquidity in markets because they are highly correlated with the Fed’s balance-sheet assets and largely independent of industrial commodity prices–which means they are less vulnerable to inflation. Senyek expects financials to decline since the sector is largely inversely correlated with the Fed’s balance-sheet assets.\nDespite strong potential from the economic reopening, Senyek downgraded consumer-discretionary stocks due to concerns about the Delta variant. While many analysts have upgraded hotels, resorts, and cruise lines, Senyek believes that the subgroup won’t be able to meet the high expectations for the rebound in consumer spending.\nThe S&P 500 and the Nasdaq Composite closed down 0.5% and 1.2%, respectively, on Tuesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5356296,"gmtCreate":1627459777303,"gmtModify":1635219649911,"authorId":3581664026895626,"author":{"id":3581664026895626,"idStr":"3581664026895626","authorId":3581664026895626,"name":"FunnyFun","avatar":"https://static.tigerbbs.com/e07aca58746125ec6ef6115042d363e9","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.12","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803459067,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5356495,"gmtCreate":1627460810034,"gmtModify":1635219637461,"authorId":3565146699964497,"author":{"id":3565146699964497,"idStr":"3565146699964497","authorId":3565146699964497,"name":"ycwoo","avatar":"https://community-static.tradeup.com/news/2f48b4bbc66c0bf509f7199142c1a2f2","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803459067,"type":1,"supId":5356296,"prevId":0,"content":"done","text":"done","html":"done"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":150,"commentSize":12,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}