Profile - To The Moon

stanF9

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- stanF9stanF9
  ·2022-10-30
  Good
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- stanF9stanF9
  ·2022-08-10
  Meaning? Good or bad news?
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- stanF9stanF9
  ·2022-08-09
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  Meme-Stock Frenzy Returns, Baffling Wall Street’s "Smart Guys"
  Bed Bath & Beyond nearly triples as retail traders pounceHeavily-shorted stocks, de-SPACs are part o
  Meme-Stock Frenzy Returns, Baffling Wall Street’s "Smart Guys"
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- stanF9stanF9
  ·2022-08-05
  Nice start and hope will more than that
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- stanF9stanF9
  ·2022-08-03
  I will keep for 1 to 2 days
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- stanF9stanF9
  ·2022-08-02
  $AMTD International(AMTD)$suspension!!!
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- stanF9stanF9
  ·2022-07-28
  $Nasdaq100 Bear 3X ETF(SQQQ)$will rebound after 1pm?
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- stanF9stanF9
  ·2022-07-28
  Like please. Thanks dudes
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- stanF9stanF9
  ·2022-07-28
  Wait for market open and see the reaction, better buckle up your seat belt.
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- stanF9stanF9
  ·2022-07-28
  Got to wait for awhile... will sink again
  GDP Fell 0.9% in the Second Quarter, the Second Straight Decline and a Strong Recession Signal
  The U.S. economy contracted for the second straight quarter from April to June, hitting a widely acc
  GDP Fell 0.9% in the Second Quarter, the Second Straight Decline and a Strong Recession Signal
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Good or bad news?","listText":"Meaning? Good or bad news?","text":"Meaning? Good or bad news?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907060364","repostId":"2258426671","repostType":2,"isVote":1,"tweetType":1,"viewCount":4048,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904607454,"gmtCreate":1660028898881,"gmtModify":1703477149049,"author":{"id":"4092786756661910","authorId":"4092786756661910","name":"stanF9","avatar":"https://community-static.tradeup.com/news/be991f08909c2a3aa30b46844e599baf","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092786756661910","authorIdStr":"4092786756661910"},"themes":[],"title":"","htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904607454","repostId":"1106501795","repostType":2,"repost":{"id":"1106501795","kind":"news","pubTimestamp":1660127930,"share":"https://ttm.financial/m/news/1106501795?lang=en_US&edition=fundamental","pubTime":"2022-08-10 18:38","market":"us","language":"en","title":"Meme-Stock Frenzy Returns, Baffling Wall Street’s \"Smart Guys\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1106501795","media":"Bloomberg","summary":"Bed Bath & Beyond nearly triples as retail traders pounceHeavily-shorted stocks, de-SPACs are part o","content":"<div>\n<p>Bed Bath & Beyond nearly triples as retail traders pounceHeavily-shorted stocks, de-SPACs are part of broader reboundPhotographer: Luke Sharrett/BloombergRetail traders who lurk in forums like Reddit’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-08/bed-bath-beyond-jump-brings-some-meme-frenzy-to-broad-rally?srnd=markets-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nMeme-Stock Frenzy Returns, Baffling Wall Street’s \"Smart Guys\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-10 18:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-08/bed-bath-beyond-jump-brings-some-meme-frenzy-to-broad-rally?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bed Bath & Beyond nearly triples as retail traders pounceHeavily-shorted stocks, de-SPACs are part of broader reboundPhotographer: Luke Sharrett/BloombergRetail traders who lurk in forums like Reddit’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-08/bed-bath-beyond-jump-brings-some-meme-frenzy-to-broad-rally?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MEGL":"智富融资","RENT":"Rent the Runway, Inc.","GME":"游戏驿站",".IXIC":"NASDAQ Composite","EXPR":"Express, Inc.","W":"Wayfair","AMC":"AMC院线","AMTD":"Amtd Idea",".SPX":"S&P 500 Index","HKD":"尚乘数科",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-08/bed-bath-beyond-jump-brings-some-meme-frenzy-to-broad-rally?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106501795","content_text":"Bed Bath & Beyond nearly triples as retail traders pounceHeavily-shorted stocks, de-SPACs are part of broader reboundPhotographer: Luke Sharrett/BloombergRetail traders who lurk in forums like Reddit’s WallStreetBets are back to betting against Wall Street pros and the Federal Reserve as rallies for meme stocks like Bed Bath & Beyond Inc. and AMC Entertainment Holdings Inc. show shades of last year’s mania.The home-good retailer nearly tripled at one point during its nine-day winning streak while the movie-theater firm capped a 65% rally of its own as speculative pockets of the stock market surge. The pair have powered a basket of 37 meme stocks tracked by Bloomberg higher by 10% over the past week while the most-hated stocks tracked by a Goldman Sachs Group Inc. basket is up roughly 17% over the same period.The resurgence of more speculative areas of the market is likely fueled in part by individual traders willingness to jump on riskier trades and bet against hedge funds. A rally in tech shares and other growth stocks at one point on Monday pushed the Nasdaq 100 Index up 20% from a June low amid alarms from some on Wall Street that the Federal Reserve is set on fighting inflation regardless of the pain for the stock market.The “smart guys” are “confused, baffled and fighting short positions from a position of weakness in terms of momentum and firepower,” said Mark Taylor, a sales trader at Mirabaud Securities. “The lack of real understanding of why a sudden resurrection of the meme-entum bid could lead to some nefarious speculation about things being manipulated but what would be as much sour grapes speculation as anything real.”Bed Bath & Beyond’s taking of the meme stock baton resulted in a 40% rally Monday as a record 120.5 million shares changed hands with the stock being the second-most bought asset on Fidelity’s platform. AMC Entertainment was among the five most purchased stocks on the platform and saw trading volume triple what’s been normal over the past month. Both company tickers, along with GameStop Corp., were the most mentioned on Reddit’s WallStreetBets platform.A basket of meme stocks tracked by Bloomberg rose 3.7%, extending a six-day rally of its own. Among the group’s top performers were GameStop and Express Inc. Newly-public Magic Empire Global Ltd., a little-known Hong Kong-based financial services firm, extended a 2,825% two-day surge since going public, attracting some retail attention.“These meme stock rallies that are emerging will only last if US stocks broadly continue to head higher,” said Ed Moya, senior market strategist at Oanda. “After AMTD Digital reminded the WallStreetBets crowd of the potential skyrocketing moves, many retail traders are scanning their favorite plays and are looking to get back in.”The rapid rise and subsequent fall for AMTD Digital Inc. both puzzled and captivated the markets. The stock posted an eye-popping surge of more than 32,000% at one point before erasing a chunk of gains.Heavily-shorted stocks like Wayfair Inc., Rent the Runway Inc., and those that went public via blank-check merger including 23andMe Holding Co. saw double-digit rallies at one point as investors braced for volatility.Short SqueezeShort covering from institutional investors may have boosted the recent surge, according to some on Wall Street. More than half of Bed Bath & Beyond shares available for trading are currently sold short, according to data from analytics firm S3 Partners, while AMC Entertainment, GameStop and Wayfair short interest each sit around 20%.An index tracking hedge funds’ high-conviction bets rose 1.8% last week, trailing those favored by retail investors by 2.7 percentage points, the most since March, data compiled by Goldman Sachs show. While still early into August, the firm’s basket of retail favorites is on track for the best month since Jan. 2021 relative to firms favored by hedge funds. The retail basket carries names including Delta Airlines Inc., which just clocked the longest streak of weekly gains since 2020.“Retail traders have to move quickly, because one headline can change the entire trajectory of the stock market,” said Quincy Krosby, chief global strategist at LPL Financial. “Retail traders are daring the Fed and they’re daring some professional investors, and they’re doing well so far. It’s dicey because it can go in the other direction really fast.”","news_type":1,"symbols_score_info":{"HKD":0.9,".IXIC":0.9,"BBBY":0.9,"MEGL":0.9,"EXPR":0.9,"GME":0.9,"W":0.9,"AMTD":0.9,"RENT":0.9,".SPX":0.9,".DJI":0.9,"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":4796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902682718,"gmtCreate":1659687232139,"gmtModify":1704874329956,"author":{"id":"4092786756661910","authorId":"4092786756661910","name":"stanF9","avatar":"https://community-static.tradeup.com/news/be991f08909c2a3aa30b46844e599baf","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092786756661910","authorIdStr":"4092786756661910"},"themes":[],"title":"","htmlText":"Nice start and hope will more than that&nbsp;","listText":"Nice start and hope will more than that&nbsp;","text":"Nice start and hope will more than that","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902682718","isVote":1,"tweetType":1,"viewCount":4655,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906881047,"gmtCreate":1659515198192,"gmtModify":1705981174930,"author":{"id":"4092786756661910","authorId":"4092786756661910","name":"stanF9","avatar":"https://community-static.tradeup.com/news/be991f08909c2a3aa30b46844e599baf","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092786756661910","authorIdStr":"4092786756661910"},"themes":[],"title":"","htmlText":"I will keep for 1 to 2 days","listText":"I will keep for 1 to 2 days","text":"I will keep for 1 to 2 days","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906881047","isVote":1,"tweetType":1,"viewCount":4265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908746186,"gmtCreate":1659447448847,"gmtModify":1705980429291,"author":{"id":"4092786756661910","authorId":"4092786756661910","name":"stanF9","avatar":"https://community-static.tradeup.com/news/be991f08909c2a3aa30b46844e599baf","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092786756661910","authorIdStr":"4092786756661910"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/AMTD\">$AMTD International(AMTD)$</a>suspension!!!","listText":"<a href=\"https://ttm.financial/S/AMTD\">$AMTD International(AMTD)$</a>suspension!!!","text":"$AMTD International(AMTD)$suspension!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908746186","isVote":1,"tweetType":1,"viewCount":4765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903651044,"gmtCreate":1659022426088,"gmtModify":1676536245478,"author":{"id":"4092786756661910","authorId":"4092786756661910","name":"stanF9","avatar":"https://community-static.tradeup.com/news/be991f08909c2a3aa30b46844e599baf","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092786756661910","authorIdStr":"4092786756661910"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$</a>will rebound after 1pm?","listText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$</a>will rebound after 1pm?","text":"$Nasdaq100 Bear 3X ETF(SQQQ)$will rebound after 1pm?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903651044","isVote":1,"tweetType":1,"viewCount":4555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903602346,"gmtCreate":1659014023985,"gmtModify":1676536243781,"author":{"id":"4092786756661910","authorId":"4092786756661910","name":"stanF9","avatar":"https://community-static.tradeup.com/news/be991f08909c2a3aa30b46844e599baf","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092786756661910","authorIdStr":"4092786756661910"},"themes":[],"title":"","htmlText":"Like please. Thanks dudes","listText":"Like please. Thanks dudes","text":"Like please. Thanks dudes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903602346","repostId":"1153550324","repostType":4,"isVote":1,"tweetType":1,"viewCount":5547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903608002,"gmtCreate":1659013663006,"gmtModify":1676536243726,"author":{"id":"4092786756661910","authorId":"4092786756661910","name":"stanF9","avatar":"https://community-static.tradeup.com/news/be991f08909c2a3aa30b46844e599baf","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092786756661910","authorIdStr":"4092786756661910"},"themes":[],"title":"","htmlText":"Wait for market open and see the reaction, better buckle up your seat belt.&nbsp;","listText":"Wait for market open and see the reaction, better buckle up your seat belt.&nbsp;","text":"Wait for market open and see the reaction, better buckle up your seat belt.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903608002","repostId":"1153550324","repostType":4,"isVote":1,"tweetType":1,"viewCount":5310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903878430,"gmtCreate":1659011905520,"gmtModify":1676536243523,"author":{"id":"4092786756661910","authorId":"4092786756661910","name":"stanF9","avatar":"https://community-static.tradeup.com/news/be991f08909c2a3aa30b46844e599baf","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092786756661910","authorIdStr":"4092786756661910"},"themes":[],"title":"","htmlText":"Got to wait for awhile... will sink again","listText":"Got to wait for awhile... will sink again","text":"Got to wait for awhile... will sink again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903878430","repostId":"1153550324","repostType":4,"repost":{"id":"1153550324","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":1659011517,"share":"https://ttm.financial/m/news/1153550324?lang=en_US&edition=fundamental","pubTime":"2022-07-28 20:31","market":"us","language":"en","title":"GDP Fell 0.9% in the Second Quarter, the Second Straight Decline and a Strong Recession Signal","url":"https://stock-news.laohu8.com/highlight/detail?id=1153550324","media":"Tiger Newspress","summary":"The U.S. economy contracted for the second straight quarter from April to June, hitting a widely acc","content":"<html><head></head><body><p>The U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, the Bureau of Economic Analysis reported Thursday.</p><p>Pressured by surging inflation, rising interest rates and intensifying supply chain pressures, gross domestic product fell 0.9% for the period, following a 1.6% decline in the first quarter. The Dow Jones estimate was for a gain of 0.3%.</p><p>Officially, the National Bureau of Economic Research declares recessions and expansions, and likely won’t make a judgment on the period in question for months if not longer.</p><p>But a second straight negative GDP reading meets a long-held basic view of recession, despite the unusual circumstances of the decline and regardless of what the NBER decides. GDP is the broadest measure of the economy and encompasses the total level of goods and services produced during the period.</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>GDP Fell 0.9% in the Second Quarter, the Second Straight Decline and a Strong Recession Signal</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\">\nGDP Fell 0.9% in the Second Quarter, the Second Straight Decline and a Strong Recession Signal\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\">2022-07-28 20:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, the Bureau of Economic Analysis reported Thursday.</p><p>Pressured by surging inflation, rising interest rates and intensifying supply chain pressures, gross domestic product fell 0.9% for the period, following a 1.6% decline in the first quarter. The Dow Jones estimate was for a gain of 0.3%.</p><p>Officially, the National Bureau of Economic Research declares recessions and expansions, and likely won’t make a judgment on the period in question for months if not longer.</p><p>But a second straight negative GDP reading meets a long-held basic view of recession, despite the unusual circumstances of the decline and regardless of what the NBER decides. GDP is the broadest measure of the economy and encompasses the total level of goods and services produced during the period.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153550324","content_text":"The U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, the Bureau of Economic Analysis reported Thursday.Pressured by surging inflation, rising interest rates and intensifying supply chain pressures, gross domestic product fell 0.9% for the period, following a 1.6% decline in the first quarter. The Dow Jones estimate was for a gain of 0.3%.Officially, the National Bureau of Economic Research declares recessions and expansions, and likely won’t make a judgment on the period in question for months if not longer.But a second straight negative GDP reading meets a long-held basic view of recession, despite the unusual circumstances of the decline and regardless of what the NBER decides. GDP is the broadest measure of the economy and encompasses the total level of goods and services produced during the period.","news_type":1,"symbols_score_info":{"YMmain":0.9,"ESmain":0.9,"NQmain":0.9}},"isVote":1,"tweetType":1,"viewCount":4048,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}