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- kianfookianfoo
  ·2022-09-28
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  4 Dividend-Paying Singapore Stocks Touching a 52-Week Low: Are They a Buy?
  There are several ways you can go about searching for suitable investments.One is to target growth s
  4 Dividend-Paying Singapore Stocks Touching a 52-Week Low: Are They a Buy?
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- kianfookianfoo
  ·2022-09-28
  Good sharing
  4 Dividend-Paying Singapore Stocks Touching a 52-Week Low: Are They a Buy?
  There are several ways you can go about searching for suitable investments.One is to target growth s
  4 Dividend-Paying Singapore Stocks Touching a 52-Week Low: Are They a Buy?
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- kianfookianfoo
  ·2022-09-27
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  US STOCKS-Wall Street Ends Lower, Dow Confirms Bear Market
  Fed rate hikes have investors 'throwing in the towel'Casinos jump as Macau allows tour groups after nearly 3 yearsIndexes: Dow -1.11%, S&P 500 -1.03%, Nasdaq -0.60%Sept 26 - Wall Street slid deeper into a bear market on Monday, with the S&P 500 and Dow closing lower as investors fretted that the Federal Reserve's aggressive campaign against inflation could throw the U.S. economy into a sharp downturn.After two weeks of mostly steady losses on the U.S. stock market, the Dow Jones Industrial Aver
  US STOCKS-Wall Street Ends Lower, Dow Confirms Bear Market
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- kianfookianfoo
  ·2022-09-15
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- kianfookianfoo
  ·2022-09-15
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- kianfookianfoo
  ·2022-09-03
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- kianfookianfoo
  ·2022-08-27
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- kianfookianfoo
  ·2022-08-27
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  Full Speech By Federal Reserve Chair Powell on Monetary Policy and Price Stability
  Monetary Policy and Price StabilityChair Jerome H. PowellAt “Reassessing Constraints on the Economy and Policy,” an economic policy symposium sponsored by the Federal Reserve Bank of Kansas City, Jack
  Full Speech By Federal Reserve Chair Powell on Monetary Policy and Price Stability
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- kianfookianfoo
  ·2022-08-24
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- kianfookianfoo
  ·2022-08-22
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buy watchlist.</p><p><b>Frasers Property Limited (SGX: TQ5)</b></p><p>Frasers Property Limited, or FPL, is a property development and investment company that owns more than 1,000 properties with assets under management worth S$40.3 billion as of 30 September 2021.</p><p>FPL’s share price has declined by 11.5% in the past year to hit a 52-week low of S$1.</p><p>The property giant reported a resilient outlook during its fiscal 2022’s third quarter business update ending 30 June 2022.</p><p>Its Singapore residential launches have sold well despite cooling measures introduced by the government in December 2021.</p><p>For Riviere, FPL sold 65% of the units with target completion in the first half of fiscal 2023 (FY2023).</p><p>Planning is now in progress for Sky Eden @ Bedok for 158 residential units and 12 commercial units with a sales launch by the end of this year.</p><p>Meanwhile, over in Australia, the group secured a 2.5 million square foot site that can yield 2,150 lots of residential units.</p><p>FPL paid out a dividend of S$0.02 last year, giving its shares a trailing dividend yield of 2%.</p><p><b>Boustead Singapore Limited (SGX: F9D)</b></p><p>Boustead Singapore Limited, or BSL, is a conglomerate with four core divisions – energy-related engineering, real estate solutions, geospatial technology, and healthcare.</p><p>The group’s share price has slid to a 52-week low of S$0.84 recently, down 13.8% in the past year.</p><p>BSL reported a downbeat set of earnings for its FY2022 ending 31 March 2022 due to rising geopolitical tensions and the pandemic.</p><p>Revenue dipped by 8% year on year to S$631.8 million while net profit plunged 73% year on year to S$30.6 million.</p><p>After adjusting for one-off and exceptional items, net profit still saw a 28% year on year decline to S$32.3 million.</p><p>Despite the weaker performance, the group still declared a S$0.025 final dividend, bringing the FY2022 dividend to S$0.04, unchanged from the total ordinary dividends declared in the prior year.</p><p>The trailing dividend yield for its shares stands at 4.8%.</p><p><b>IHH Healthcare Berhad (SGX: Q0F)</b></p><p>IHH is an integrated healthcare provider that owns a portfolio of hospital brands such as Acibadem, Mount Elizabeth, Gleneagles, Fortis, Pantai, and Parkway.</p><p>The group employs more than 65,000 staff and is present in 10 countries.</p><p>IHH’s share price has fallen by close to 14% to S$1.85 after touching a 52-week low of S$1.79 recently.</p><p>The healthcare giant reported a respectable set of earnings for its fiscal 2022’s first half (1H2022).</p><p>Revenue inched up 4% year on year to RM 8.5 billion while net profit climbed by 33% year on year to RM 1.3 billion.</p><p>In Malaysia, the group agreed to sell its medical education arm, International Medical University, for an enterprise value of RM 1.35 billion.</p><p>Its Pantai Hospital Penang is also constructing a new medical block that should be ready by the end of 2024.</p><p>IHH paid out a first and final dividend of S$0.0193 last year, giving its shares a trailing dividend yield of 1%.</p><p><b>StarHub Ltd (SGX: CC3)</b></p><p>StarHub is a telecommunication (telco) group that provides mobile, internet broadband and cable TV services.</p><p>The telco’s share price has dropped by 8% in the last year to hit a 52-week low of S$1.12.</p><p>StarHub announced that total revenue for 1H2022 increased 8.7% year on year to S$1.1 billion.</p><p>However, operating and net profit declined by 8.6% and 10.3% year on year, respectively.</p><p>Despite the weaker earnings, the telco still generated S$61.2 million of free cash flow.</p><p>An interim dividend of S$0.025 was declared.</p><p>Together with its final dividend of S$0.039 forFY2021, the trailing 12-month dividend stood at S$0.064.</p><p>Shares of StarHub provide a trailing 12-month dividend yield of 5.7%.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE 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a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-28 09:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/4-dividend-paying-singapore-stocks-touching-a-52-week-low-are-they-a-buy/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are several ways you can go about searching for suitable investments.One is to target growth stocks that are breaching new highs as the optimism may imply their business is doing well.Another ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-dividend-paying-singapore-stocks-touching-a-52-week-low-are-they-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"Q0F.SI":"IHH医疗保健集团","CC3.SI":"星和","TQ5.SI":"星狮地产有限公司","F9D.SI":"宝德新加坡"},"source_url":"https://thesmartinvestor.com.sg/4-dividend-paying-singapore-stocks-touching-a-52-week-low-are-they-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124902635","content_text":"There are several ways you can go about searching for suitable investments.One is to target growth stocks that are breaching new highs as the optimism may imply their business is doing well.Another method is to search for cheap, value stocks that may have been unjustly beaten down due to poor sentiment.Worries over high inflation and rising interest rates have pushed many stocks to their 52-week lows.And for income-seeking investors, a bonus is that many of these stocks also pay out a dividend.Here are four companies that are scraping their year-low that you can consider adding to your buy watchlist.Frasers Property Limited (SGX: TQ5)Frasers Property Limited, or FPL, is a property development and investment company that owns more than 1,000 properties with assets under management worth S$40.3 billion as of 30 September 2021.FPL’s share price has declined by 11.5% in the past year to hit a 52-week low of S$1.The property giant reported a resilient outlook during its fiscal 2022’s third quarter business update ending 30 June 2022.Its Singapore residential launches have sold well despite cooling measures introduced by the government in December 2021.For Riviere, FPL sold 65% of the units with target completion in the first half of fiscal 2023 (FY2023).Planning is now in progress for Sky Eden @ Bedok for 158 residential units and 12 commercial units with a sales launch by the end of this year.Meanwhile, over in Australia, the group secured a 2.5 million square foot site that can yield 2,150 lots of residential units.FPL paid out a dividend of S$0.02 last year, giving its shares a trailing dividend yield of 2%.Boustead Singapore Limited (SGX: F9D)Boustead Singapore Limited, or BSL, is a conglomerate with four core divisions – energy-related engineering, real estate solutions, geospatial technology, and healthcare.The group’s share price has slid to a 52-week low of S$0.84 recently, down 13.8% in the past year.BSL reported a downbeat set of earnings for its FY2022 ending 31 March 2022 due to rising geopolitical tensions and the pandemic.Revenue dipped by 8% year on year to S$631.8 million while net profit plunged 73% year on year to S$30.6 million.After adjusting for one-off and exceptional items, net profit still saw a 28% year on year decline to S$32.3 million.Despite the weaker performance, the group still declared a S$0.025 final dividend, bringing the FY2022 dividend to S$0.04, unchanged from the total ordinary dividends declared in the prior year.The trailing dividend yield for its shares stands at 4.8%.IHH Healthcare Berhad (SGX: Q0F)IHH is an integrated healthcare provider that owns a portfolio of hospital brands such as Acibadem, Mount Elizabeth, Gleneagles, Fortis, Pantai, and Parkway.The group employs more than 65,000 staff and is present in 10 countries.IHH’s share price has fallen by close to 14% to S$1.85 after touching a 52-week low of S$1.79 recently.The healthcare giant reported a respectable set of earnings for its fiscal 2022’s first half (1H2022).Revenue inched up 4% year on year to RM 8.5 billion while net profit climbed by 33% year on year to RM 1.3 billion.In Malaysia, the group agreed to sell its medical education arm, International Medical University, for an enterprise value of RM 1.35 billion.Its Pantai Hospital Penang is also constructing a new medical block that should be ready by the end of 2024.IHH paid out a first and final dividend of S$0.0193 last year, giving its shares a trailing dividend yield of 1%.StarHub Ltd (SGX: CC3)StarHub is a telecommunication (telco) group that provides mobile, internet broadband and cable TV services.The telco’s share price has dropped by 8% in the last year to hit a 52-week low of S$1.12.StarHub announced that total revenue for 1H2022 increased 8.7% year on year to S$1.1 billion.However, operating and net profit declined by 8.6% and 10.3% year on year, respectively.Despite the weaker earnings, the telco still generated S$61.2 million of free cash flow.An interim dividend of S$0.025 was declared.Together with its final dividend of S$0.039 forFY2021, the trailing 12-month dividend stood at S$0.064.Shares of StarHub provide a trailing 12-month dividend yield of 5.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918833872,"gmtCreate":1664351765596,"gmtModify":1676537438808,"author":{"id":"3572083328749084","authorId":"3572083328749084","name":"kianfoo","avatar":"https://community-static.tradeup.com/news/c207649301dbd21ba98213f2705672a3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572083328749084","authorIdStr":"3572083328749084"},"themes":[],"htmlText":"Good sharing","listText":"Good sharing","text":"Good sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918833872","repostId":"1124902635","repostType":4,"repost":{"id":"1124902635","kind":"news","pubTimestamp":1664329289,"share":"https://ttm.financial/m/news/1124902635?lang=&edition=fundamental","pubTime":"2022-09-28 09:41","market":"sg","language":"en","title":"4 Dividend-Paying Singapore Stocks Touching a 52-Week Low: Are They a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1124902635","media":"The Smart Investor","summary":"There are several ways you can go about searching for suitable investments.One is to target growth s","content":"<html><head></head><body><p>There are several ways you can go about searching for suitable investments.</p><p>One is to target growth stocks that are breaching new highs as the optimism may imply their business is doing well.</p><p>Another method is to search for cheap, value stocks that may have been unjustly beaten down due to poor sentiment.</p><p>Worries over high inflation and rising interest rates have pushed many stocks to their 52-week lows.</p><p>And for income-seeking investors, a bonus is that many of these stocks also pay out a dividend.</p><p>Here are four companies that are scraping their year-low that you can consider adding to your buy watchlist.</p><p><b>Frasers Property Limited (SGX: TQ5)</b></p><p>Frasers Property Limited, or FPL, is a property development and investment company that owns more than 1,000 properties with assets under management worth S$40.3 billion as of 30 September 2021.</p><p>FPL’s share price has declined by 11.5% in the past year to hit a 52-week low of S$1.</p><p>The property giant reported a resilient outlook during its fiscal 2022’s third quarter business update ending 30 June 2022.</p><p>Its Singapore residential launches have sold well despite cooling measures introduced by the government in December 2021.</p><p>For Riviere, FPL sold 65% of the units with target completion in the first half of fiscal 2023 (FY2023).</p><p>Planning is now in progress for Sky Eden @ Bedok for 158 residential units and 12 commercial units with a sales launch by the end of this year.</p><p>Meanwhile, over in Australia, the group secured a 2.5 million square foot site that can yield 2,150 lots of residential units.</p><p>FPL paid out a dividend of S$0.02 last year, giving its shares a trailing dividend yield of 2%.</p><p><b>Boustead Singapore Limited (SGX: F9D)</b></p><p>Boustead Singapore Limited, or BSL, is a conglomerate with four core divisions – energy-related engineering, real estate solutions, geospatial technology, and healthcare.</p><p>The group’s share price has slid to a 52-week low of S$0.84 recently, down 13.8% in the past year.</p><p>BSL reported a downbeat set of earnings for its FY2022 ending 31 March 2022 due to rising geopolitical tensions and the pandemic.</p><p>Revenue dipped by 8% year on year to S$631.8 million while net profit plunged 73% year on year to S$30.6 million.</p><p>After adjusting for one-off and exceptional items, net profit still saw a 28% year on year decline to S$32.3 million.</p><p>Despite the weaker performance, the group still declared a S$0.025 final dividend, bringing the FY2022 dividend to S$0.04, unchanged from the total ordinary dividends declared in the prior year.</p><p>The trailing dividend yield for its shares stands at 4.8%.</p><p><b>IHH Healthcare Berhad (SGX: Q0F)</b></p><p>IHH is an integrated healthcare provider that owns a portfolio of hospital brands such as Acibadem, Mount Elizabeth, Gleneagles, Fortis, Pantai, and Parkway.</p><p>The group employs more than 65,000 staff and is present in 10 countries.</p><p>IHH’s share price has fallen by close to 14% to S$1.85 after touching a 52-week low of S$1.79 recently.</p><p>The healthcare giant reported a respectable set of earnings for its fiscal 2022’s first half (1H2022).</p><p>Revenue inched up 4% year on year to RM 8.5 billion while net profit climbed by 33% year on year to RM 1.3 billion.</p><p>In Malaysia, the group agreed to sell its medical education arm, International Medical University, for an enterprise value of RM 1.35 billion.</p><p>Its Pantai Hospital Penang is also constructing a new medical block that should be ready by the end of 2024.</p><p>IHH paid out a first and final dividend of S$0.0193 last year, giving its shares a trailing dividend yield of 1%.</p><p><b>StarHub Ltd (SGX: CC3)</b></p><p>StarHub is a telecommunication (telco) group that provides mobile, internet broadband and cable TV services.</p><p>The telco’s share price has dropped by 8% in the last year to hit a 52-week low of S$1.12.</p><p>StarHub announced that total revenue for 1H2022 increased 8.7% year on year to S$1.1 billion.</p><p>However, operating and net profit declined by 8.6% and 10.3% year on year, respectively.</p><p>Despite the weaker earnings, the telco still generated S$61.2 million of free cash flow.</p><p>An interim dividend of S$0.025 was declared.</p><p>Together with its final dividend of S$0.039 forFY2021, the trailing 12-month dividend stood at S$0.064.</p><p>Shares of StarHub provide a trailing 12-month dividend yield of 5.7%.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Dividend-Paying Singapore Stocks Touching a 52-Week Low: Are They a Buy?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Dividend-Paying Singapore Stocks Touching a 52-Week Low: Are They a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-28 09:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/4-dividend-paying-singapore-stocks-touching-a-52-week-low-are-they-a-buy/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are several ways you can go about searching for suitable investments.One is to target growth stocks that are breaching new highs as the optimism may imply their business is doing well.Another ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-dividend-paying-singapore-stocks-touching-a-52-week-low-are-they-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"Q0F.SI":"IHH医疗保健集团","CC3.SI":"星和","TQ5.SI":"星狮地产有限公司","F9D.SI":"宝德新加坡"},"source_url":"https://thesmartinvestor.com.sg/4-dividend-paying-singapore-stocks-touching-a-52-week-low-are-they-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124902635","content_text":"There are several ways you can go about searching for suitable investments.One is to target growth stocks that are breaching new highs as the optimism may imply their business is doing well.Another method is to search for cheap, value stocks that may have been unjustly beaten down due to poor sentiment.Worries over high inflation and rising interest rates have pushed many stocks to their 52-week lows.And for income-seeking investors, a bonus is that many of these stocks also pay out a dividend.Here are four companies that are scraping their year-low that you can consider adding to your buy watchlist.Frasers Property Limited (SGX: TQ5)Frasers Property Limited, or FPL, is a property development and investment company that owns more than 1,000 properties with assets under management worth S$40.3 billion as of 30 September 2021.FPL’s share price has declined by 11.5% in the past year to hit a 52-week low of S$1.The property giant reported a resilient outlook during its fiscal 2022’s third quarter business update ending 30 June 2022.Its Singapore residential launches have sold well despite cooling measures introduced by the government in December 2021.For Riviere, FPL sold 65% of the units with target completion in the first half of fiscal 2023 (FY2023).Planning is now in progress for Sky Eden @ Bedok for 158 residential units and 12 commercial units with a sales launch by the end of this year.Meanwhile, over in Australia, the group secured a 2.5 million square foot site that can yield 2,150 lots of residential units.FPL paid out a dividend of S$0.02 last year, giving its shares a trailing dividend yield of 2%.Boustead Singapore Limited (SGX: F9D)Boustead Singapore Limited, or BSL, is a conglomerate with four core divisions – energy-related engineering, real estate solutions, geospatial technology, and healthcare.The group’s share price has slid to a 52-week low of S$0.84 recently, down 13.8% in the past year.BSL reported a downbeat set of earnings for its FY2022 ending 31 March 2022 due to rising geopolitical tensions and the pandemic.Revenue dipped by 8% year on year to S$631.8 million while net profit plunged 73% year on year to S$30.6 million.After adjusting for one-off and exceptional items, net profit still saw a 28% year on year decline to S$32.3 million.Despite the weaker performance, the group still declared a S$0.025 final dividend, bringing the FY2022 dividend to S$0.04, unchanged from the total ordinary dividends declared in the prior year.The trailing dividend yield for its shares stands at 4.8%.IHH Healthcare Berhad (SGX: Q0F)IHH is an integrated healthcare provider that owns a portfolio of hospital brands such as Acibadem, Mount Elizabeth, Gleneagles, Fortis, Pantai, and Parkway.The group employs more than 65,000 staff and is present in 10 countries.IHH’s share price has fallen by close to 14% to S$1.85 after touching a 52-week low of S$1.79 recently.The healthcare giant reported a respectable set of earnings for its fiscal 2022’s first half (1H2022).Revenue inched up 4% year on year to RM 8.5 billion while net profit climbed by 33% year on year to RM 1.3 billion.In Malaysia, the group agreed to sell its medical education arm, International Medical University, for an enterprise value of RM 1.35 billion.Its Pantai Hospital Penang is also constructing a new medical block that should be ready by the end of 2024.IHH paid out a first and final dividend of S$0.0193 last year, giving its shares a trailing dividend yield of 1%.StarHub Ltd (SGX: CC3)StarHub is a telecommunication (telco) group that provides mobile, internet broadband and cable TV services.The telco’s share price has dropped by 8% in the last year to hit a 52-week low of S$1.12.StarHub announced that total revenue for 1H2022 increased 8.7% year on year to S$1.1 billion.However, operating and net profit declined by 8.6% and 10.3% year on year, respectively.Despite the weaker earnings, the telco still generated S$61.2 million of free cash flow.An interim dividend of S$0.025 was declared.Together with its final dividend of S$0.039 forFY2021, the trailing 12-month dividend stood at S$0.064.Shares of StarHub provide a trailing 12-month dividend yield of 5.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911495965,"gmtCreate":1664240878657,"gmtModify":1676537416027,"author":{"id":"3572083328749084","authorId":"3572083328749084","name":"kianfoo","avatar":"https://community-static.tradeup.com/news/c207649301dbd21ba98213f2705672a3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572083328749084","authorIdStr":"3572083328749084"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9911495965","repostId":"2270268923","repostType":4,"repost":{"id":"2270268923","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1664233294,"share":"https://ttm.financial/m/news/2270268923?lang=&edition=fundamental","pubTime":"2022-09-27 07:01","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Lower, Dow Confirms Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2270268923","media":"Reuters","summary":"Fed rate hikes have investors 'throwing in the towel'Casinos jump as Macau allows tour groups after nearly 3 yearsIndexes: Dow -1.11%, S&P 500 -1.03%, Nasdaq -0.60%Sept 26  - Wall Street slid deeper into a bear market on Monday, with the S&P 500 and Dow closing lower as investors fretted that the Federal Reserve's aggressive campaign against inflation could throw the U.S. economy into a sharp downturn.After two weeks of mostly steady losses on the U.S. stock market, the Dow Jones Industrial Aver","content":"<html><head></head><body><ul><li>Fed rate hikes have investors &#39;throwing in the towel&#39;</li><li>Casinos jump as Macau allows tour groups after nearly 3 years</li><li>Indexes: Dow -1.11%, S&amp;P 500 -1.03%, Nasdaq -0.60%</li></ul><p>Sept 26 (Reuters) - Wall Street slid deeper into a bear market on Monday, with the S&amp;P 500 and Dow closing lower as investors fretted that the Federal Reserve&#39;s aggressive campaign against inflation could throw the U.S. economy into a sharp downturn.</p><p>After two weeks of mostly steady losses on the U.S. stock market, the Dow Jones Industrial Average confirmed it has been in a bear market since early January. The S&amp;P 500 index confirmed in June it was in a bear market, and on Monday it ended the session below its mid-June closing low, extending this year&#39;s overall selloff.</p><p>With the Fed signaling last Wednesday that high interest rates could last through 2023, the S&amp;P 500 has relinquished the last of its gains made in a summer rally.</p><p>&#34;Investors are just throwing in the towel,&#34; said Jake Dollarhide, Chief Executive Officer of Longbow Asset Management in Tulsa, Oklahoma. &#34;It&#39;s the uncertainty about the high-water mark for the Fed funds rate. Is it 4.6%, is it 5%? Is it sometime in 2023?&#34;</p><p>Confidence among stock traders was also shaken by dramatic moves in the global foreign exchange market as sterling hit an all-time low on worries that the new British government&#39;s fiscal plan released Friday threatened to stretch the country&#39;s finances.</p><p>That added an extra layer of volatility to markets, where investors are worried about a global recession amid decades-high inflation. The CBOE Volatility index, hovered near three-month highs.</p><p>The Dow is now down 20.5% from its record high close on Jan. 4. According to a widely used definition, ending the session down 20% or more from its record high close confirms the Dow has been in a bear market since hitting its January peak.</p><p>The S&amp;P 500 has yet to drop below its intra-day low on June 17. It is down about 23% so far in 2022.</p><p>In Monday&#39;s session, the Dow Jones Industrial Average fell 1.11% to end at 29,260.81 points, while the S&amp;P 500 lost 1.03% to 3,655.04.</p><p>The Nasdaq Composite dropped 0.6% to 10,802.92.</p><p>Ten of 11 S&amp;P 500s sector indexes fell, led by 2.6% drops in real estate and energy.</p><p>Gains in Amazon and Costco Wholesale Corp helped limit losses in the Nasdaq.</p><p>Shares of casino operators Wynn Resorts, Las Vegas Sands Corp and Melco Resorts &amp; Entertainment jumped between 11.8% and 25.5% after Macau planned to open to mainland Chinese tour groups in November for the first time in almost three years.</p><p>Volume on U.S. exchanges was 11.9 billion shares, compared with the 11.2 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 5.37-to-1 ratio; on Nasdaq, a 2.31-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted no new 52-week highs and 120 new lows; the Nasdaq Composite recorded 16 new highs and 594 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Lower, Dow Confirms Bear Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends Lower, Dow Confirms Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-27 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Fed rate hikes have investors &#39;throwing in the towel&#39;</li><li>Casinos jump as Macau allows tour groups after nearly 3 years</li><li>Indexes: Dow -1.11%, S&amp;P 500 -1.03%, Nasdaq -0.60%</li></ul><p>Sept 26 (Reuters) - Wall Street slid deeper into a bear market on Monday, with the S&amp;P 500 and Dow closing lower as investors fretted that the Federal Reserve&#39;s aggressive campaign against inflation could throw the U.S. economy into a sharp downturn.</p><p>After two weeks of mostly steady losses on the U.S. stock market, the Dow Jones Industrial Average confirmed it has been in a bear market since early January. The S&amp;P 500 index confirmed in June it was in a bear market, and on Monday it ended the session below its mid-June closing low, extending this year&#39;s overall selloff.</p><p>With the Fed signaling last Wednesday that high interest rates could last through 2023, the S&amp;P 500 has relinquished the last of its gains made in a summer rally.</p><p>&#34;Investors are just throwing in the towel,&#34; said Jake Dollarhide, Chief Executive Officer of Longbow Asset Management in Tulsa, Oklahoma. &#34;It&#39;s the uncertainty about the high-water mark for the Fed funds rate. Is it 4.6%, is it 5%? Is it sometime in 2023?&#34;</p><p>Confidence among stock traders was also shaken by dramatic moves in the global foreign exchange market as sterling hit an all-time low on worries that the new British government&#39;s fiscal plan released Friday threatened to stretch the country&#39;s finances.</p><p>That added an extra layer of volatility to markets, where investors are worried about a global recession amid decades-high inflation. The CBOE Volatility index, hovered near three-month highs.</p><p>The Dow is now down 20.5% from its record high close on Jan. 4. According to a widely used definition, ending the session down 20% or more from its record high close confirms the Dow has been in a bear market since hitting its January peak.</p><p>The S&amp;P 500 has yet to drop below its intra-day low on June 17. It is down about 23% so far in 2022.</p><p>In Monday&#39;s session, the Dow Jones Industrial Average fell 1.11% to end at 29,260.81 points, while the S&amp;P 500 lost 1.03% to 3,655.04.</p><p>The Nasdaq Composite dropped 0.6% to 10,802.92.</p><p>Ten of 11 S&amp;P 500s sector indexes fell, led by 2.6% drops in real estate and energy.</p><p>Gains in Amazon and Costco Wholesale Corp helped limit losses in the Nasdaq.</p><p>Shares of casino operators Wynn Resorts, Las Vegas Sands Corp and Melco Resorts &amp; Entertainment jumped between 11.8% and 25.5% after Macau planned to open to mainland Chinese tour groups in November for the first time in almost three years.</p><p>Volume on U.S. exchanges was 11.9 billion shares, compared with the 11.2 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 5.37-to-1 ratio; on Nasdaq, a 2.31-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted no new 52-week highs and 120 new lows; the Nasdaq Composite recorded 16 new highs and 594 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2270268923","content_text":"Fed rate hikes have investors 'throwing in the towel'Casinos jump as Macau allows tour groups after nearly 3 yearsIndexes: Dow -1.11%, S&P 500 -1.03%, Nasdaq -0.60%Sept 26 (Reuters) - Wall Street slid deeper into a bear market on Monday, with the S&P 500 and Dow closing lower as investors fretted that the Federal Reserve's aggressive campaign against inflation could throw the U.S. economy into a sharp downturn.After two weeks of mostly steady losses on the U.S. stock market, the Dow Jones Industrial Average confirmed it has been in a bear market since early January. The S&P 500 index confirmed in June it was in a bear market, and on Monday it ended the session below its mid-June closing low, extending this year's overall selloff.With the Fed signaling last Wednesday that high interest rates could last through 2023, the S&P 500 has relinquished the last of its gains made in a summer rally.\"Investors are just throwing in the towel,\" said Jake Dollarhide, Chief Executive Officer of Longbow Asset Management in Tulsa, Oklahoma. \"It's the uncertainty about the high-water mark for the Fed funds rate. Is it 4.6%, is it 5%? Is it sometime in 2023?\"Confidence among stock traders was also shaken by dramatic moves in the global foreign exchange market as sterling hit an all-time low on worries that the new British government's fiscal plan released Friday threatened to stretch the country's finances.That added an extra layer of volatility to markets, where investors are worried about a global recession amid decades-high inflation. The CBOE Volatility index, hovered near three-month highs.The Dow is now down 20.5% from its record high close on Jan. 4. According to a widely used definition, ending the session down 20% or more from its record high close confirms the Dow has been in a bear market since hitting its January peak.The S&P 500 has yet to drop below its intra-day low on June 17. It is down about 23% so far in 2022.In Monday's session, the Dow Jones Industrial Average fell 1.11% to end at 29,260.81 points, while the S&P 500 lost 1.03% to 3,655.04.The Nasdaq Composite dropped 0.6% to 10,802.92.Ten of 11 S&P 500s sector indexes fell, led by 2.6% drops in real estate and energy.Gains in Amazon and Costco Wholesale Corp helped limit losses in the Nasdaq.Shares of casino operators Wynn Resorts, Las Vegas Sands Corp and Melco Resorts & Entertainment jumped between 11.8% and 25.5% after Macau planned to open to mainland Chinese tour groups in November for the first time in almost three years.Volume on U.S. exchanges was 11.9 billion shares, compared with the 11.2 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 5.37-to-1 ratio; on Nasdaq, a 2.31-to-1 ratio favored decliners.The S&P 500 posted no new 52-week highs and 120 new lows; the Nasdaq Composite recorded 16 new highs and 594 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934298582,"gmtCreate":1663251674647,"gmtModify":1676537236973,"author":{"id":"3572083328749084","authorId":"3572083328749084","name":"kianfoo","avatar":"https://community-static.tradeup.com/news/c207649301dbd21ba98213f2705672a3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572083328749084","authorIdStr":"3572083328749084"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9934298582","repostId":"1188061279","repostType":4,"isVote":1,"tweetType":1,"viewCount":587,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934291105,"gmtCreate":1663251564807,"gmtModify":1676537236931,"author":{"id":"3572083328749084","authorId":"3572083328749084","name":"kianfoo","avatar":"https://community-static.tradeup.com/news/c207649301dbd21ba98213f2705672a3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572083328749084","authorIdStr":"3572083328749084"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9934291105","repostId":"2267682535","repostType":2,"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939526401,"gmtCreate":1662135197603,"gmtModify":1676537005826,"author":{"id":"3572083328749084","authorId":"3572083328749084","name":"kianfoo","avatar":"https://community-static.tradeup.com/news/c207649301dbd21ba98213f2705672a3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572083328749084","authorIdStr":"3572083328749084"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939526401","repostId":"2264226788","repostType":2,"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994979768,"gmtCreate":1661561655656,"gmtModify":1676536540963,"author":{"id":"3572083328749084","authorId":"3572083328749084","name":"kianfoo","avatar":"https://community-static.tradeup.com/news/c207649301dbd21ba98213f2705672a3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572083328749084","authorIdStr":"3572083328749084"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994979768","repostId":"2262974163","repostType":4,"isVote":1,"tweetType":1,"viewCount":648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994979230,"gmtCreate":1661561621022,"gmtModify":1676536540954,"author":{"id":"3572083328749084","authorId":"3572083328749084","name":"kianfoo","avatar":"https://community-static.tradeup.com/news/c207649301dbd21ba98213f2705672a3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572083328749084","authorIdStr":"3572083328749084"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994979230","repostId":"1131787080","repostType":4,"repost":{"id":"1131787080","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1661526671,"share":"https://ttm.financial/m/news/1131787080?lang=&edition=fundamental","pubTime":"2022-08-26 23:11","market":"us","language":"en","title":"Full Speech By Federal Reserve Chair Powell on Monetary Policy and Price Stability","url":"https://stock-news.laohu8.com/highlight/detail?id=1131787080","media":"Tiger Newspress","summary":"Monetary Policy and Price StabilityChair Jerome H. PowellAt “Reassessing Constraints on the Economy and Policy,” an economic policy symposium sponsored by the Federal Reserve Bank of Kansas City, Jack","content":"<html><head></head><body><p><b><i>Monetary Policy and Price Stability</i></b></p><p>Chair Jerome H. Powell</p><p>At “Reassessing Constraints on the Economy and Policy,” an economic policy symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming</p><p>Thank you for the opportunity to speak here today.</p><p>At past Jackson Hole conferences, I have discussed broad topics such as the ever-changing structure of the economy and the challenges of conducting monetary policy under high uncertainty. Today, my remarks will be shorter, my focus narrower, and my message more direct.</p><p>The Federal Open Market Committee&#39;s (FOMC) overarching focus right now is to bring inflation back down to our 2 percent goal. Price stability is the responsibility of the Federal Reserve and serves as the bedrock of our economy. Without price stability, the economy does not work for anyone. In particular, without price stability, we will not achieve a sustained period of strong labor market conditions that benefit all. The burdens of high inflation fall heaviest on those who are least able to bear them.</p><p>Restoring price stability will take some time and requires using our tools forcefully to bring demand and supply into better balance. Reducing inflation is likely to require a sustained period of below-trend growth. Moreover, there will very likely be some softening of labor market conditions. While higher interest rates, slower growth, and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses. These are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain.</p><p>The U.S. economy is clearly slowing from the historically high growth rates of 2021, which reflected the reopening of the economy following the pandemic recession. While the latest economic data have been mixed, in my view our economy continues to show strong underlying momentum. The labor market is particularly strong, but it is clearly out of balance, with demand for workers substantially exceeding the supply of available workers. Inflation is running well above 2 percent, and high inflation has continued to spread through the economy. While the lower inflation readings for July are welcome, a single month&#39;s improvement falls far short of what the Committee will need to see before we are confident that inflation is moving down.</p><p>We are moving our policy stance purposefully to a level that will be sufficiently restrictive to return inflation to 2 percent. At our most recent meeting in July, the FOMC raised the target range for the federal funds rate to 2.25 to 2.5 percent, which is in the Summary of Economic Projection&#39;s (SEP) range of estimates of where the federal funds rate is projected to settle in the longer run. In current circumstances, with inflation running far above 2 percent and the labor market extremely tight, estimates of longer-run neutral are not a place to stop or pause.</p><p>July&#39;s increase in the target range was the second 75 basis point increase in as many meetings, and I said then that another unusually large increase could be appropriate at our next meeting. We are now about halfway through the intermeeting period. Our decision at the September meeting will depend on the totality of the incoming data and the evolving outlook. At some point, as the stance of monetary policy tightens further, it likely will become appropriate to slow the pace of increases.</p><p>Restoring price stability will likely require maintaining a restrictive policy stance for some time. The historical record cautions strongly against prematurely loosening policy. Committee participants&#39; most recent individual projections from the June SEP showed the median federal funds rate running slightly below 4 percent through the end of 2023. Participants will update their projections at the September meeting.</p><p>Our monetary policy deliberations and decisions build on what we have learned about inflation dynamics both from the high and volatile inflation of the 1970s and 1980s, and from the low and stable inflation of the past quarter-century. In particular, we are drawing on three important lessons.</p><p>The first lesson is that central banks<i>can</i>and<i>should</i>take responsibility for delivering low and stable inflation. It may seem strange now that central bankers and others once needed convincing on these two fronts, but as former Chairman Ben Bernanke has shown, both propositions were widely questioned during the Great Inflation period.1Today, we regard these questions as settled. Our responsibility to deliver price stability is unconditional. It is true that the current high inflation is a global phenomenon, and that many economies around the world face inflation as high or higher than seen here in the United States. It is also true, in my view, that the current high inflation in the United States is the product of strong demand and constrained supply, and that the Fed&#39;s tools work principally on aggregate demand. None of this diminishes the Federal Reserve&#39;s responsibility to carry out our assigned task of achieving price stability. There is clearly a job to do in moderating demand to better align with supply. We are committed to doing that job.</p><p>The second lesson is that the public&#39;s expectations about future inflation can play an important role in setting the path of inflation over time. Today, by many measures, longer-term inflation expectations appear to remain well anchored. That is broadly true of surveys of households, businesses, and forecasters, and of market-based measures as well. But that is not grounds for complacency, with inflation having run well above our goal for some time.</p><p>If the public expects that inflation will remain low and stable over time, then, absent major shocks, it likely will. Unfortunately, the same is true of expectations of high and volatile inflation. During the 1970s, as inflation climbed, the anticipation of high inflation became entrenched in the economic decisionmaking of households and businesses. The more inflation rose, the more people came to expect it to remain high, and they built that belief into wage and pricing decisions. As former Chairman Paul Volcker put it at the height of the Great Inflation in 1979, &#34;Inflation feeds in part on itself, so part of the job of returning to a more stable and more productive economy must be to break the grip of inflationary expectations.&#34;2</p><p>One useful insight into how actual inflation may affect expectations about its future path is based in the concept of &#34;rational inattention.&#34;3When inflation is persistently high, households and businesses must pay close attention and incorporate inflation into their economic decisions. When inflation is low and stable, they are freer to focus their attention elsewhere. Former Chairman Alan Greenspan put it this way: &#34;For all practical purposes, price stability means that expected changes in the average price level are small enough and gradual enough that they do not materially enter business and household financial decisions.&#34;4</p><p>Of course, inflation has just about everyone&#39;s attention right now, which highlights a particular risk today: The longer the current bout of high inflation continues, the greater the chance that expectations of higher inflation will become entrenched.</p><p>That brings me to the third lesson, which is that we must keep at it until the job is done. History shows that the employment costs of bringing down inflation are likely to increase with delay, as high inflation becomes more entrenched in wage and price setting. The successful Volcker disinflation in the early 1980s followed multiple failed attempts to lower inflation over the previous 15 years. A lengthy period of very restrictive monetary policy was ultimately needed to stem the high inflation and start the process of getting inflation down to the low and stable levels that were the norm until the spring of last year. Our aim is to avoid that outcome by acting with resolve now.</p><p>These lessons are guiding us as we use our tools to bring inflation down. We are taking forceful and rapid steps to moderate demand so that it comes into better alignment with supply, and to keep inflation expectations anchored. We will keep at it until we are confident the job is done.</p><p></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Full Speech By Federal Reserve Chair Powell on Monetary Policy and Price Stability</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\">\nFull Speech By Federal Reserve Chair Powell on Monetary Policy and Price Stability\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-26 23:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b><i>Monetary Policy and Price Stability</i></b></p><p>Chair Jerome H. Powell</p><p>At “Reassessing Constraints on the Economy and Policy,” an economic policy symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming</p><p>Thank you for the opportunity to speak here today.</p><p>At past Jackson Hole conferences, I have discussed broad topics such as the ever-changing structure of the economy and the challenges of conducting monetary policy under high uncertainty. Today, my remarks will be shorter, my focus narrower, and my message more direct.</p><p>The Federal Open Market Committee&#39;s (FOMC) overarching focus right now is to bring inflation back down to our 2 percent goal. Price stability is the responsibility of the Federal Reserve and serves as the bedrock of our economy. Without price stability, the economy does not work for anyone. In particular, without price stability, we will not achieve a sustained period of strong labor market conditions that benefit all. The burdens of high inflation fall heaviest on those who are least able to bear them.</p><p>Restoring price stability will take some time and requires using our tools forcefully to bring demand and supply into better balance. Reducing inflation is likely to require a sustained period of below-trend growth. Moreover, there will very likely be some softening of labor market conditions. While higher interest rates, slower growth, and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses. These are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain.</p><p>The U.S. economy is clearly slowing from the historically high growth rates of 2021, which reflected the reopening of the economy following the pandemic recession. While the latest economic data have been mixed, in my view our economy continues to show strong underlying momentum. The labor market is particularly strong, but it is clearly out of balance, with demand for workers substantially exceeding the supply of available workers. Inflation is running well above 2 percent, and high inflation has continued to spread through the economy. While the lower inflation readings for July are welcome, a single month&#39;s improvement falls far short of what the Committee will need to see before we are confident that inflation is moving down.</p><p>We are moving our policy stance purposefully to a level that will be sufficiently restrictive to return inflation to 2 percent. At our most recent meeting in July, the FOMC raised the target range for the federal funds rate to 2.25 to 2.5 percent, which is in the Summary of Economic Projection&#39;s (SEP) range of estimates of where the federal funds rate is projected to settle in the longer run. In current circumstances, with inflation running far above 2 percent and the labor market extremely tight, estimates of longer-run neutral are not a place to stop or pause.</p><p>July&#39;s increase in the target range was the second 75 basis point increase in as many meetings, and I said then that another unusually large increase could be appropriate at our next meeting. We are now about halfway through the intermeeting period. Our decision at the September meeting will depend on the totality of the incoming data and the evolving outlook. At some point, as the stance of monetary policy tightens further, it likely will become appropriate to slow the pace of increases.</p><p>Restoring price stability will likely require maintaining a restrictive policy stance for some time. The historical record cautions strongly against prematurely loosening policy. Committee participants&#39; most recent individual projections from the June SEP showed the median federal funds rate running slightly below 4 percent through the end of 2023. Participants will update their projections at the September meeting.</p><p>Our monetary policy deliberations and decisions build on what we have learned about inflation dynamics both from the high and volatile inflation of the 1970s and 1980s, and from the low and stable inflation of the past quarter-century. In particular, we are drawing on three important lessons.</p><p>The first lesson is that central banks<i>can</i>and<i>should</i>take responsibility for delivering low and stable inflation. It may seem strange now that central bankers and others once needed convincing on these two fronts, but as former Chairman Ben Bernanke has shown, both propositions were widely questioned during the Great Inflation period.1Today, we regard these questions as settled. Our responsibility to deliver price stability is unconditional. It is true that the current high inflation is a global phenomenon, and that many economies around the world face inflation as high or higher than seen here in the United States. It is also true, in my view, that the current high inflation in the United States is the product of strong demand and constrained supply, and that the Fed&#39;s tools work principally on aggregate demand. None of this diminishes the Federal Reserve&#39;s responsibility to carry out our assigned task of achieving price stability. There is clearly a job to do in moderating demand to better align with supply. We are committed to doing that job.</p><p>The second lesson is that the public&#39;s expectations about future inflation can play an important role in setting the path of inflation over time. Today, by many measures, longer-term inflation expectations appear to remain well anchored. That is broadly true of surveys of households, businesses, and forecasters, and of market-based measures as well. But that is not grounds for complacency, with inflation having run well above our goal for some time.</p><p>If the public expects that inflation will remain low and stable over time, then, absent major shocks, it likely will. Unfortunately, the same is true of expectations of high and volatile inflation. During the 1970s, as inflation climbed, the anticipation of high inflation became entrenched in the economic decisionmaking of households and businesses. The more inflation rose, the more people came to expect it to remain high, and they built that belief into wage and pricing decisions. As former Chairman Paul Volcker put it at the height of the Great Inflation in 1979, &#34;Inflation feeds in part on itself, so part of the job of returning to a more stable and more productive economy must be to break the grip of inflationary expectations.&#34;2</p><p>One useful insight into how actual inflation may affect expectations about its future path is based in the concept of &#34;rational inattention.&#34;3When inflation is persistently high, households and businesses must pay close attention and incorporate inflation into their economic decisions. When inflation is low and stable, they are freer to focus their attention elsewhere. Former Chairman Alan Greenspan put it this way: &#34;For all practical purposes, price stability means that expected changes in the average price level are small enough and gradual enough that they do not materially enter business and household financial decisions.&#34;4</p><p>Of course, inflation has just about everyone&#39;s attention right now, which highlights a particular risk today: The longer the current bout of high inflation continues, the greater the chance that expectations of higher inflation will become entrenched.</p><p>That brings me to the third lesson, which is that we must keep at it until the job is done. History shows that the employment costs of bringing down inflation are likely to increase with delay, as high inflation becomes more entrenched in wage and price setting. The successful Volcker disinflation in the early 1980s followed multiple failed attempts to lower inflation over the previous 15 years. A lengthy period of very restrictive monetary policy was ultimately needed to stem the high inflation and start the process of getting inflation down to the low and stable levels that were the norm until the spring of last year. Our aim is to avoid that outcome by acting with resolve now.</p><p>These lessons are guiding us as we use our tools to bring inflation down. We are taking forceful and rapid steps to moderate demand so that it comes into better alignment with supply, and to keep inflation expectations anchored. We will keep at it until we are confident the job is done.</p><p></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131787080","content_text":"Monetary Policy and Price StabilityChair Jerome H. PowellAt “Reassessing Constraints on the Economy and Policy,” an economic policy symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, WyomingThank you for the opportunity to speak here today.At past Jackson Hole conferences, I have discussed broad topics such as the ever-changing structure of the economy and the challenges of conducting monetary policy under high uncertainty. Today, my remarks will be shorter, my focus narrower, and my message more direct.The Federal Open Market Committee's (FOMC) overarching focus right now is to bring inflation back down to our 2 percent goal. Price stability is the responsibility of the Federal Reserve and serves as the bedrock of our economy. Without price stability, the economy does not work for anyone. In particular, without price stability, we will not achieve a sustained period of strong labor market conditions that benefit all. The burdens of high inflation fall heaviest on those who are least able to bear them.Restoring price stability will take some time and requires using our tools forcefully to bring demand and supply into better balance. Reducing inflation is likely to require a sustained period of below-trend growth. Moreover, there will very likely be some softening of labor market conditions. While higher interest rates, slower growth, and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses. These are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain.The U.S. economy is clearly slowing from the historically high growth rates of 2021, which reflected the reopening of the economy following the pandemic recession. While the latest economic data have been mixed, in my view our economy continues to show strong underlying momentum. The labor market is particularly strong, but it is clearly out of balance, with demand for workers substantially exceeding the supply of available workers. Inflation is running well above 2 percent, and high inflation has continued to spread through the economy. While the lower inflation readings for July are welcome, a single month's improvement falls far short of what the Committee will need to see before we are confident that inflation is moving down.We are moving our policy stance purposefully to a level that will be sufficiently restrictive to return inflation to 2 percent. At our most recent meeting in July, the FOMC raised the target range for the federal funds rate to 2.25 to 2.5 percent, which is in the Summary of Economic Projection's (SEP) range of estimates of where the federal funds rate is projected to settle in the longer run. In current circumstances, with inflation running far above 2 percent and the labor market extremely tight, estimates of longer-run neutral are not a place to stop or pause.July's increase in the target range was the second 75 basis point increase in as many meetings, and I said then that another unusually large increase could be appropriate at our next meeting. We are now about halfway through the intermeeting period. Our decision at the September meeting will depend on the totality of the incoming data and the evolving outlook. At some point, as the stance of monetary policy tightens further, it likely will become appropriate to slow the pace of increases.Restoring price stability will likely require maintaining a restrictive policy stance for some time. The historical record cautions strongly against prematurely loosening policy. Committee participants' most recent individual projections from the June SEP showed the median federal funds rate running slightly below 4 percent through the end of 2023. Participants will update their projections at the September meeting.Our monetary policy deliberations and decisions build on what we have learned about inflation dynamics both from the high and volatile inflation of the 1970s and 1980s, and from the low and stable inflation of the past quarter-century. In particular, we are drawing on three important lessons.The first lesson is that central bankscanandshouldtake responsibility for delivering low and stable inflation. It may seem strange now that central bankers and others once needed convincing on these two fronts, but as former Chairman Ben Bernanke has shown, both propositions were widely questioned during the Great Inflation period.1Today, we regard these questions as settled. Our responsibility to deliver price stability is unconditional. It is true that the current high inflation is a global phenomenon, and that many economies around the world face inflation as high or higher than seen here in the United States. It is also true, in my view, that the current high inflation in the United States is the product of strong demand and constrained supply, and that the Fed's tools work principally on aggregate demand. None of this diminishes the Federal Reserve's responsibility to carry out our assigned task of achieving price stability. There is clearly a job to do in moderating demand to better align with supply. We are committed to doing that job.The second lesson is that the public's expectations about future inflation can play an important role in setting the path of inflation over time. Today, by many measures, longer-term inflation expectations appear to remain well anchored. That is broadly true of surveys of households, businesses, and forecasters, and of market-based measures as well. But that is not grounds for complacency, with inflation having run well above our goal for some time.If the public expects that inflation will remain low and stable over time, then, absent major shocks, it likely will. Unfortunately, the same is true of expectations of high and volatile inflation. During the 1970s, as inflation climbed, the anticipation of high inflation became entrenched in the economic decisionmaking of households and businesses. The more inflation rose, the more people came to expect it to remain high, and they built that belief into wage and pricing decisions. As former Chairman Paul Volcker put it at the height of the Great Inflation in 1979, \"Inflation feeds in part on itself, so part of the job of returning to a more stable and more productive economy must be to break the grip of inflationary expectations.\"2One useful insight into how actual inflation may affect expectations about its future path is based in the concept of \"rational inattention.\"3When inflation is persistently high, households and businesses must pay close attention and incorporate inflation into their economic decisions. When inflation is low and stable, they are freer to focus their attention elsewhere. Former Chairman Alan Greenspan put it this way: \"For all practical purposes, price stability means that expected changes in the average price level are small enough and gradual enough that they do not materially enter business and household financial decisions.\"4Of course, inflation has just about everyone's attention right now, which highlights a particular risk today: The longer the current bout of high inflation continues, the greater the chance that expectations of higher inflation will become entrenched.That brings me to the third lesson, which is that we must keep at it until the job is done. History shows that the employment costs of bringing down inflation are likely to increase with delay, as high inflation becomes more entrenched in wage and price setting. The successful Volcker disinflation in the early 1980s followed multiple failed attempts to lower inflation over the previous 15 years. A lengthy period of very restrictive monetary policy was ultimately needed to stem the high inflation and start the process of getting inflation down to the low and stable levels that were the norm until the spring of last year. Our aim is to avoid that outcome by acting with resolve now.These lessons are guiding us as we use our tools to bring inflation down. We are taking forceful and rapid steps to moderate demand so that it comes into better alignment with supply, and to keep inflation expectations anchored. We will keep at it until we are confident the job is done.","news_type":1},"isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992835615,"gmtCreate":1661297900139,"gmtModify":1676536490316,"author":{"id":"3572083328749084","authorId":"3572083328749084","name":"kianfoo","avatar":"https://community-static.tradeup.com/news/c207649301dbd21ba98213f2705672a3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572083328749084","authorIdStr":"3572083328749084"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992835615","repostId":"2261663436","repostType":4,"isVote":1,"tweetType":1,"viewCount":697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996840475,"gmtCreate":1661149363899,"gmtModify":1676536462580,"author":{"id":"3572083328749084","authorId":"3572083328749084","name":"kianfoo","avatar":"https://community-static.tradeup.com/news/c207649301dbd21ba98213f2705672a3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572083328749084","authorIdStr":"3572083328749084"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996840475","repostId":"1184419615","repostType":4,"isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}