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Eddiemeister

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- EddiemeisterEddiemeister
  ·2022-06-24
  Time to buy meta
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- EddiemeisterEddiemeister
  ·2021-03-31
  How to get in on the ipo or proxy?
  Coursera IPO: Get In Before The Listing
  SummaryThe Coursera IPO is imminent.SuRo Capital, a business development company, holds a massive st
  Coursera IPO: Get In Before The Listing
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- EddiemeisterEddiemeister
  ·2021-02-14
  Wow
  Sorry, this post has been deleted
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- EddiemeisterEddiemeister
  ·2021-02-14
  Cool
  Asia stocks hold at highs, sustained by bottomless stimulus
  * Treasuries rally on surprisingly soft CPI, dovish Powell. * Oil eases after longest winning streak in two years. SYDNEY, Feb 11 - Asian shares rested at record highs on Thursday as investors digested recent meaty gains, while bulls were sustained by the promise of endless free money after a benign reading on U.S. inflation and a dovish Federal Reserve outlook.Adding to the torpor was a lack of liquidity as markets in China, Japan, South Korea and Taiwan were all on holiday.MSCI's broadest ind
  Asia stocks hold at highs, sustained by bottomless stimulus
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proxy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354407712","repostId":"1199969344","repostType":4,"repost":{"id":"1199969344","pubTimestamp":1617180673,"share":"https://ttm.financial/m/news/1199969344?lang=&edition=fundamental","pubTime":"2021-03-31 16:51","market":"us","language":"en","title":"Coursera IPO: Get In Before The Listing","url":"https://stock-news.laohu8.com/highlight/detail?id=1199969344","media":"seekingalpha","summary":"SummaryThe Coursera IPO is imminent.SuRo Capital, a business development company, holds a massive st","content":"<p><b>Summary</b></p><ul><li>The Coursera IPO is imminent.</li><li>SuRo Capital, a business development company, holds a massive stake in the company.</li><li>SuRo could be a proxy for interesting startups such as Nextdoor, Forge Global and Blink Health.</li></ul><p>The Coursera (COURS) IPO is likely to be one of the most interesting listings of the year. After years of building an online education platform, the company finally hit warp speed when everyone was forced to study from home. Therecently-filed S-1 mentionsdouble-digit revenue growth, a growing base of users and exciting plans for future expansion. </p><p>Luckily, a publicly-listed company was an early investor in the startup and now holds a significant stake in the business. This early investor also is exposed to several other interesting public and private tech companies, which justifies a closer look. Here’s a quick breakdown of Coursera’s S-1 and the stock that can give you a chance to get in before retail investors rush in.</p><p><b>Coursera IPO</b></p><p>Launched in 2012 by Stanford University computer science professors Daphne Koller and Andrew Ng, Coursera is one of many massive open online course (MOOC) providers that have emerged since the dawn of the Internet. What sets Coursera apart is its symbiotic relationship with established universities. Instead of trying to disrupt the higher education industry, Coursera is attempting to work with them to reimagine what higher education and professional courses should look like in a digital world.</p><p>That strategy seems to be working. Coursera has more than77 million students, more than most of its rivals. The company’sCoursera for Campusattracted 4,000 tertiary institutions from across the world. At the end of 2020, 130 of these institutions were premium subscribers. 2,000 businesses (including 25% of Fortune 500 companies) and 100 government agencies are alsopaying for Coursera’s enterprise offerings.</p><p>Unsurprisingly, that traction is reflected on the top line. In 2020, Coursera generated $293 million in revenue, up 59% from the previous year. Year-on-year user growth came in at 65%. However, the company extended free courses and features throughout the pandemic to gin up traffic. That led to higher costs and a loss of $66.8 million in 2020, up from $46.7 million in 2019. Free cash flow was -$26.9 million over the course of the year.</p><p>Coursera doesn’t expect to become cash flow positive or profitable anytime soon. In fact, theS-1 clearly statesthat the company “had an accumulated deficit of $343.6 million as of December 31, 2020,” and that they anticipate that the company “will continue to incur losses for the foreseeable future.”</p><p>The reopening is another risk. With students heading back to the campus this fall, it’s difficult to say if Coursera can sustain last year’s momentum and keep students and universities engaged on its platform.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2765e424ebb38bf8c4fdf74bcb5d0086\" tg-width=\"605\" tg-height=\"270\" referrerpolicy=\"no-referrer\"><span>Coursera product tiers</span></p><p>Nevertheless, the company’s partnerships with government agencies, library of content from top universities, enterprise training products and micro-certification courses could help it bolster growth over time. Online learning already was a rapidly-growing market pre-pandemic. Some estimates suggest the marketcould be worth $350 billionby 2025. Coursera was last valued at $2.5 billion.</p><p>It could be worth a lot more when the IPO is completed. One early investor is certainly expecting a windfall: SuRo Capital(NASDAQ:SSSS).</p><p><b>SuRo Capital - Coursera’s Proxy</b></p><p>San Francisco-based SuRo Capital is a business development company focused on tech startups and innovative private companies. SuRo’s portfolio is heavily concentrated in preferred shares of noteworthy tech startups such asCourseHero,Rent the Runway,Nextdoor,Blink HealthandForge Global.</p><p>The largest and most noteworthy position in their portfolio is a $94 million stake in Palantir Technologies(NYSE:PLTR). In fact, my first article on the company was publishedjust before Palantir’s IPO. Over the past 12 months, the stock is up 281%, which means it outperformed the most talked about tech ETF of the year - Ark Innovation ETF(NYSEARCA:ARKK).</p><p><img src=\"https://static.tigerbbs.com/803c42a2fe2b33ae60db98bb236a638e\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\">Source:TradingView</p><p>Now, Palantir accounts for 31.4% of SuRo’s portfolio. Coursera is the second-largest holding. Accounting for 17.6% of the portfolio, SuRo reported the fair value of its stake at $53.2 million recently. It’s worth noting that SuRo holds this stake in preferred shares paying out 8% a year in dividends. These preferred shares should be worth a lot more when the company lists publicly. Analysts estimate Coursera could be worth as much as$5 billion, which is roughly double its valuation from 2020.</p><p>At that price, Coursera would become SuRo’s largest holding, adding roughly $50 million to the company’s book value.</p><p>Altogether,SuRo’s portfolio is worth $430 million. Meanwhile, the company’s market capitalization is $274 million. If the Coursera IPO is as successful as some of the other major tech IPOs we’ve witnessed this year, this discount to fair value could broaden further.</p><p>Risks</p><p>Coursera's S-1 lists several potential risks that investors should be aware of. However, I believe some are more noteworthy than others and Coursera may have missed some key risks.</p><p>Competition, for one, is something the team could have elaborated on further. Coursera is far from the only online education provider. In fact, many of its rivals including Skillshare, Gumroad, Khan Academy and Udemy have more recognizable brands.</p><p>Khan Academy is particularly noteworthy because many of the courses it offers are free. That, in my opinion, is another key risk for Coursera and perhaps the entire EdTech space. While higher education is a luxury service in North America, it's free in places like Germany. Much of the world would prefer a low-cost or free model to develop talent and plug the skills gap. College in India, for instance, costs$5,000 a year on average. Coursera isn't profitable at its current average pricing of $9,000 to $25,000 per degree course. Lower costs in the rest of the world could make profitability a bigger challenge.</p><p>Coursera could potentially overcome these challenges by recruiting lower-cost education providers in emerging markets, convincing students to pay a premium and differentiating its courses by partnering with elite universities and recruitment channels.</p><p><b>Bottom line</b></p><p>Keep an eye on SuRo. This could be one of the underrated and undervalued tech companies on the market right now. It’s either that or I’m missing something and have overlooked something major. Let me know in the comments below.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coursera IPO: Get In Before The Listing</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\">\nCoursera IPO: Get In Before The Listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4415636-coursera-ipo-get-in-listing><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe Coursera IPO is imminent.SuRo Capital, a business development company, holds a massive stake in the company.SuRo could be a proxy for interesting startups such as Nextdoor, Forge Global and...</p>\n\n<a href=\"https://seekingalpha.com/article/4415636-coursera-ipo-get-in-listing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5220d573a8af31c0f611dafd93d5f72a","relate_stocks":{"COUR":"Coursera, Inc."},"source_url":"https://seekingalpha.com/article/4415636-coursera-ipo-get-in-listing","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1199969344","content_text":"SummaryThe Coursera IPO is imminent.SuRo Capital, a business development company, holds a massive stake in the company.SuRo could be a proxy for interesting startups such as Nextdoor, Forge Global and Blink Health.The Coursera (COURS) IPO is likely to be one of the most interesting listings of the year. After years of building an online education platform, the company finally hit warp speed when everyone was forced to study from home. Therecently-filed S-1 mentionsdouble-digit revenue growth, a growing base of users and exciting plans for future expansion. Luckily, a publicly-listed company was an early investor in the startup and now holds a significant stake in the business. This early investor also is exposed to several other interesting public and private tech companies, which justifies a closer look. Here’s a quick breakdown of Coursera’s S-1 and the stock that can give you a chance to get in before retail investors rush in.Coursera IPOLaunched in 2012 by Stanford University computer science professors Daphne Koller and Andrew Ng, Coursera is one of many massive open online course (MOOC) providers that have emerged since the dawn of the Internet. What sets Coursera apart is its symbiotic relationship with established universities. Instead of trying to disrupt the higher education industry, Coursera is attempting to work with them to reimagine what higher education and professional courses should look like in a digital world.That strategy seems to be working. Coursera has more than77 million students, more than most of its rivals. The company’sCoursera for Campusattracted 4,000 tertiary institutions from across the world. At the end of 2020, 130 of these institutions were premium subscribers. 2,000 businesses (including 25% of Fortune 500 companies) and 100 government agencies are alsopaying for Coursera’s enterprise offerings.Unsurprisingly, that traction is reflected on the top line. In 2020, Coursera generated $293 million in revenue, up 59% from the previous year. Year-on-year user growth came in at 65%. However, the company extended free courses and features throughout the pandemic to gin up traffic. That led to higher costs and a loss of $66.8 million in 2020, up from $46.7 million in 2019. Free cash flow was -$26.9 million over the course of the year.Coursera doesn’t expect to become cash flow positive or profitable anytime soon. In fact, theS-1 clearly statesthat the company “had an accumulated deficit of $343.6 million as of December 31, 2020,” and that they anticipate that the company “will continue to incur losses for the foreseeable future.”The reopening is another risk. With students heading back to the campus this fall, it’s difficult to say if Coursera can sustain last year’s momentum and keep students and universities engaged on its platform.Coursera product tiersNevertheless, the company’s partnerships with government agencies, library of content from top universities, enterprise training products and micro-certification courses could help it bolster growth over time. Online learning already was a rapidly-growing market pre-pandemic. Some estimates suggest the marketcould be worth $350 billionby 2025. Coursera was last valued at $2.5 billion.It could be worth a lot more when the IPO is completed. One early investor is certainly expecting a windfall: SuRo Capital(NASDAQ:SSSS).SuRo Capital - Coursera’s ProxySan Francisco-based SuRo Capital is a business development company focused on tech startups and innovative private companies. SuRo’s portfolio is heavily concentrated in preferred shares of noteworthy tech startups such asCourseHero,Rent the Runway,Nextdoor,Blink HealthandForge Global.The largest and most noteworthy position in their portfolio is a $94 million stake in Palantir Technologies(NYSE:PLTR). In fact, my first article on the company was publishedjust before Palantir’s IPO. Over the past 12 months, the stock is up 281%, which means it outperformed the most talked about tech ETF of the year - Ark Innovation ETF(NYSEARCA:ARKK).Source:TradingViewNow, Palantir accounts for 31.4% of SuRo’s portfolio. Coursera is the second-largest holding. Accounting for 17.6% of the portfolio, SuRo reported the fair value of its stake at $53.2 million recently. It’s worth noting that SuRo holds this stake in preferred shares paying out 8% a year in dividends. These preferred shares should be worth a lot more when the company lists publicly. Analysts estimate Coursera could be worth as much as$5 billion, which is roughly double its valuation from 2020.At that price, Coursera would become SuRo’s largest holding, adding roughly $50 million to the company’s book value.Altogether,SuRo’s portfolio is worth $430 million. Meanwhile, the company’s market capitalization is $274 million. If the Coursera IPO is as successful as some of the other major tech IPOs we’ve witnessed this year, this discount to fair value could broaden further.RisksCoursera's S-1 lists several potential risks that investors should be aware of. However, I believe some are more noteworthy than others and Coursera may have missed some key risks.Competition, for one, is something the team could have elaborated on further. Coursera is far from the only online education provider. In fact, many of its rivals including Skillshare, Gumroad, Khan Academy and Udemy have more recognizable brands.Khan Academy is particularly noteworthy because many of the courses it offers are free. That, in my opinion, is another key risk for Coursera and perhaps the entire EdTech space. While higher education is a luxury service in North America, it's free in places like Germany. Much of the world would prefer a low-cost or free model to develop talent and plug the skills gap. College in India, for instance, costs$5,000 a year on average. Coursera isn't profitable at its current average pricing of $9,000 to $25,000 per degree course. Lower costs in the rest of the world could make profitability a bigger challenge.Coursera could potentially overcome these challenges by recruiting lower-cost education providers in emerging markets, convincing students to pay a premium and differentiating its courses by partnering with elite universities and recruitment channels.Bottom lineKeep an eye on SuRo. This could be one of the underrated and undervalued tech companies on the market right now. It’s either that or I’m missing something and have overlooked something major. Let me know in the comments below.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386416655,"gmtCreate":1613239386877,"gmtModify":1704879549643,"author":{"id":"3564380161989259","authorId":"3564380161989259","name":"Eddiemeister","avatar":"https://static.tigerbbs.com/0d3f3fe13214f6d14846edf70f1aa785","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564380161989259","authorIdStr":"3564380161989259"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386416655","repostId":"2110041547","repostType":4,"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386416818,"gmtCreate":1613239357534,"gmtModify":1704879549481,"author":{"id":"3564380161989259","authorId":"3564380161989259","name":"Eddiemeister","avatar":"https://static.tigerbbs.com/0d3f3fe13214f6d14846edf70f1aa785","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564380161989259","authorIdStr":"3564380161989259"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386416818","repostId":"2110041547","repostType":4,"repost":{"id":"2110041547","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1613017530,"share":"https://ttm.financial/m/news/2110041547?lang=&edition=fundamental","pubTime":"2021-02-11 12:25","market":"fut","language":"en","title":"Asia stocks hold at highs, sustained by bottomless stimulus","url":"https://stock-news.laohu8.com/highlight/detail?id=2110041547","media":"Reuters","summary":"* Treasuries rally on surprisingly soft CPI, dovish Powell. * Oil eases after longest winning streak in two years. SYDNEY, Feb 11  - Asian shares rested at record highs on Thursday as investors digested recent meaty gains, while bulls were sustained by the promise of endless free money after a benign reading on U.S. inflation and a dovish Federal Reserve outlook.Adding to the torpor was a lack of liquidity as markets in China, Japan, South Korea and Taiwan were all on holiday.MSCI's broadest ind","content":"<p>* Asian stock markets :</p>\n<p>* Markets mostly flat amid multiple holidays</p>\n<p>* Asia shares ex-Japan already up 10% this year</p>\n<p>* Treasuries rally on surprisingly soft CPI, dovish Powell</p>\n<p>* Oil eases after longest winning streak in two years</p>\n<p>By Wayne Cole</p>\n<p>SYDNEY, Feb 11 (Reuters) - Asian shares rested at record highs on Thursday as investors digested recent meaty gains, while bulls were sustained by the promise of endless free money after a benign reading on U.S. inflation and a dovish Federal Reserve outlook.</p>\n<p>Adding to the torpor was a lack of liquidity as markets in China, Japan, South Korea and Taiwan were all on holiday.</p>\n<p>MSCI's broadest index of Asia-Pacific shares outside Japan</p>\n<p>added 0.1%, having already climbed for four sessions to be up over 10% so far this year.</p>\n<p>Japan's Nikkei was shut after ending at a 30-year peak on Wednesday, while Australia's main index held near an 11-month top.</p>\n<p>With China off, there was little reaction to news the Biden administration will look at adding \"new targeted restrictions\" on certain sensitive technology exports to the Asian giant and would maintain tariffs for now.</p>\n<p>Futures for the S&amp;P 500 and NASDAQ were both steady, having hit historic highs on Wednesday. EUROSTOXX 50 futures and FTSE futures barely budged.</p>\n<p>Still, the outlook for more global stimulus got a major boost overnight from a surprisingly soft reading on core U.S. inflation, which eased to 1.4% in January.</p>\n<p>Federal Reserve Chair Jerome Powell said he wanted to see inflation reach 2% or more before even thinking of tapering the bank's super-easy policies.</p>\n<p>Notably, Powell emphasised that once pandemic effects were stripped out, unemployment was nearer 10% than the reported 6.3% and thus a long way from full employment.</p>\n<p>As a result, Powell called for a \"society-wide commitment\" to reducing unemployment, which analysts saw as strong support for President Joe Biden $1.9 trillion stimulus package.</p>\n<p>Indeed, Westpac economist Elliot Clarke estimated over $5 trillion in cumulative stimulus, worth 23% of GDP, would be required to repair the damage done by the pandemic.</p>\n<p>\"Historical experience provides strong justification to only act against undesired inflationary pressures once they have been seen, after full employment has been achieved,\" he said.</p>\n<p>\"To that end, financial conditions are expected to remain highly supportive of the U.S. economy and global financial markets in 2021, and likely through 2022.\"</p>\n<p>The mix of bottomless Fed funds and a tame inflation report was a salve for bond market pains, leaving 10-year yields at 1.12% from a 1.20% high early in the week.</p>\n<p>That in turn weighed on the U.S. dollar, which slipped to 90.395 on a basket of currencies and away from a 10-week top of 91.600 touched late last week.</p>\n<p>The dollar eased to 104.57 yen , from a recent peak of 105.76, while the euro rallied to $1.2122 from its low of $1.1950.</p>\n<p>In commodity markets, gold was sidelined at $1,838 an ounce</p>\n<p>as investors drove platinum to a six-year peak on bets of more demand from the automobile sector.</p>\n<p>Oil prices took a breather, having enjoyed the longest winning streak in two years amid producer supply cuts and hopes vaccine rollouts will drive a recovery in demand.</p>\n<p>\"The current price levels are healthier than the actual market and entirely reliant on supply cuts, as demand still needs to recover,\" cautioned Bjornar Tonhaugen of Rystad Energy.</p>\n<p>Brent crude futures eased back 40 cents to $61.07, while U.S. crude dipped 36 cents to $58.32 a barrel.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Asia stocks hold at highs, sustained by bottomless stimulus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsia stocks hold at highs, sustained by bottomless stimulus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-11 12:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Asian stock markets :</p>\n<p>* Markets mostly flat amid multiple holidays</p>\n<p>* Asia shares ex-Japan already up 10% this year</p>\n<p>* Treasuries rally on surprisingly soft CPI, dovish Powell</p>\n<p>* Oil eases after longest winning streak in two years</p>\n<p>By Wayne Cole</p>\n<p>SYDNEY, Feb 11 (Reuters) - Asian shares rested at record highs on Thursday as investors digested recent meaty gains, while bulls were sustained by the promise of endless free money after a benign reading on U.S. inflation and a dovish Federal Reserve outlook.</p>\n<p>Adding to the torpor was a lack of liquidity as markets in China, Japan, South Korea and Taiwan were all on holiday.</p>\n<p>MSCI's broadest index of Asia-Pacific shares outside Japan</p>\n<p>added 0.1%, having already climbed for four sessions to be up over 10% so far this year.</p>\n<p>Japan's Nikkei was shut after ending at a 30-year peak on Wednesday, while Australia's main index held near an 11-month top.</p>\n<p>With China off, there was little reaction to news the Biden administration will look at adding \"new targeted restrictions\" on certain sensitive technology exports to the Asian giant and would maintain tariffs for now.</p>\n<p>Futures for the S&amp;P 500 and NASDAQ were both steady, having hit historic highs on Wednesday. EUROSTOXX 50 futures and FTSE futures barely budged.</p>\n<p>Still, the outlook for more global stimulus got a major boost overnight from a surprisingly soft reading on core U.S. inflation, which eased to 1.4% in January.</p>\n<p>Federal Reserve Chair Jerome Powell said he wanted to see inflation reach 2% or more before even thinking of tapering the bank's super-easy policies.</p>\n<p>Notably, Powell emphasised that once pandemic effects were stripped out, unemployment was nearer 10% than the reported 6.3% and thus a long way from full employment.</p>\n<p>As a result, Powell called for a \"society-wide commitment\" to reducing unemployment, which analysts saw as strong support for President Joe Biden $1.9 trillion stimulus package.</p>\n<p>Indeed, Westpac economist Elliot Clarke estimated over $5 trillion in cumulative stimulus, worth 23% of GDP, would be required to repair the damage done by the pandemic.</p>\n<p>\"Historical experience provides strong justification to only act against undesired inflationary pressures once they have been seen, after full employment has been achieved,\" he said.</p>\n<p>\"To that end, financial conditions are expected to remain highly supportive of the U.S. economy and global financial markets in 2021, and likely through 2022.\"</p>\n<p>The mix of bottomless Fed funds and a tame inflation report was a salve for bond market pains, leaving 10-year yields at 1.12% from a 1.20% high early in the week.</p>\n<p>That in turn weighed on the U.S. dollar, which slipped to 90.395 on a basket of currencies and away from a 10-week top of 91.600 touched late last week.</p>\n<p>The dollar eased to 104.57 yen , from a recent peak of 105.76, while the euro rallied to $1.2122 from its low of $1.1950.</p>\n<p>In commodity markets, gold was sidelined at $1,838 an ounce</p>\n<p>as investors drove platinum to a six-year peak on bets of more demand from the automobile sector.</p>\n<p>Oil prices took a breather, having enjoyed the longest winning streak in two years amid producer supply cuts and hopes vaccine rollouts will drive a recovery in demand.</p>\n<p>\"The current price levels are healthier than the actual market and entirely reliant on supply cuts, as demand still needs to recover,\" cautioned Bjornar Tonhaugen of Rystad Energy.</p>\n<p>Brent crude futures eased back 40 cents to $61.07, while U.S. crude dipped 36 cents to $58.32 a barrel.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"159934":"黄金ETF","518880":"黄金ETF","UCO":"二倍做多彭博原油ETF","EUO":"欧元ETF-ProShares两倍做空","USO":"美国原油ETF","DUST":"二倍做空黄金矿业指数ETF-Direxion","NUGT":"二倍做多黄金矿业指数ETF-Direxion","DDG":"ProShares做空石油与天然气ETF","GLD":"SPDR黄金ETF","DWT":"三倍做空原油ETN","FXE":"欧元做多ETF-CurrencyShares","GDX":"黄金矿业ETF-VanEck","YCS":"日元ETF-ProShares两倍做空","IAU":"黄金信托ETF(iShares)","SCO":"二倍做空彭博原油指数ETF","FXY":"日元ETF-CurrencyShares","DUG":"二倍做空石油与天然气ETF(ProShares)"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110041547","content_text":"* Asian stock markets :\n* Markets mostly flat amid multiple holidays\n* Asia shares ex-Japan already up 10% this year\n* Treasuries rally on surprisingly soft CPI, dovish Powell\n* Oil eases after longest winning streak in two years\nBy Wayne Cole\nSYDNEY, Feb 11 (Reuters) - Asian shares rested at record highs on Thursday as investors digested recent meaty gains, while bulls were sustained by the promise of endless free money after a benign reading on U.S. inflation and a dovish Federal Reserve outlook.\nAdding to the torpor was a lack of liquidity as markets in China, Japan, South Korea and Taiwan were all on holiday.\nMSCI's broadest index of Asia-Pacific shares outside Japan\nadded 0.1%, having already climbed for four sessions to be up over 10% so far this year.\nJapan's Nikkei was shut after ending at a 30-year peak on Wednesday, while Australia's main index held near an 11-month top.\nWith China off, there was little reaction to news the Biden administration will look at adding \"new targeted restrictions\" on certain sensitive technology exports to the Asian giant and would maintain tariffs for now.\nFutures for the S&P 500 and NASDAQ were both steady, having hit historic highs on Wednesday. EUROSTOXX 50 futures and FTSE futures barely budged.\nStill, the outlook for more global stimulus got a major boost overnight from a surprisingly soft reading on core U.S. inflation, which eased to 1.4% in January.\nFederal Reserve Chair Jerome Powell said he wanted to see inflation reach 2% or more before even thinking of tapering the bank's super-easy policies.\nNotably, Powell emphasised that once pandemic effects were stripped out, unemployment was nearer 10% than the reported 6.3% and thus a long way from full employment.\nAs a result, Powell called for a \"society-wide commitment\" to reducing unemployment, which analysts saw as strong support for President Joe Biden $1.9 trillion stimulus package.\nIndeed, Westpac economist Elliot Clarke estimated over $5 trillion in cumulative stimulus, worth 23% of GDP, would be required to repair the damage done by the pandemic.\n\"Historical experience provides strong justification to only act against undesired inflationary pressures once they have been seen, after full employment has been achieved,\" he said.\n\"To that end, financial conditions are expected to remain highly supportive of the U.S. economy and global financial markets in 2021, and likely through 2022.\"\nThe mix of bottomless Fed funds and a tame inflation report was a salve for bond market pains, leaving 10-year yields at 1.12% from a 1.20% high early in the week.\nThat in turn weighed on the U.S. dollar, which slipped to 90.395 on a basket of currencies and away from a 10-week top of 91.600 touched late last week.\nThe dollar eased to 104.57 yen , from a recent peak of 105.76, while the euro rallied to $1.2122 from its low of $1.1950.\nIn commodity markets, gold was sidelined at $1,838 an ounce\nas investors drove platinum to a six-year peak on bets of more demand from the automobile sector.\nOil prices took a breather, having enjoyed the longest winning streak in two years amid producer supply cuts and hopes vaccine rollouts will drive a recovery in demand.\n\"The current price levels are healthier than the actual market and entirely reliant on supply cuts, as demand still needs to recover,\" cautioned Bjornar Tonhaugen of Rystad Energy.\nBrent crude futures eased back 40 cents to $61.07, while U.S. crude dipped 36 cents to $58.32 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}