Fristene的个人主页 - 老虎社区

Fristene

Fristene

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37关注

4粉丝

0主题

0勋章

2021-02-06

Please give me a like or comment back. Thank you.

抱歉，原内容已删除

2021-03-05

Great

抱歉，原内容已删除

2021-02-14

Pls like and comment. Thanks alot!

抱歉，原内容已删除

2021-02-08

I'd appreciate a like. Thank you.

Here’s What the GameStop Affair Has Taught Us<blockquote>以下是游戏驿站事件教给我们的</blockquote>

2021-02-05

Give me a like pls. Thanks!

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2021-03-08

Now is the time to buy. Please comment. Thanks!

Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>

2021-02-10

Please give me a like. Thanks alot

抱歉，原内容已删除

2021-02-09

Please give me a like. Thanks alot!

抱歉，原内容已删除

2021-02-28

Pls like and comment. Thanks

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2021-02-28

Yes

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2021-02-14

Great

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2021-03-13

Sounds possible?

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2021-03-03

But buy

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2021-03-17

Great

抱歉，原内容已删除

2021-03-09

Great

Baidu's rise expanded to 10%<blockquote>百度涨幅扩大至10%</blockquote>

2021-02-27

Yes

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2021-02-22

Great

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2021-02-17

Should I buy more?

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2021-02-11

Ok

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2021-02-05

Please give me a like. Thank you!

抱歉，原内容已删除

去老虎APP查看更多动态

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23:08","market":"us","language":"en","title":"Baidu's rise expanded to 10%<blockquote>百度涨幅扩大至10%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153054606","media":"老虎资讯综合","summary":"Baidu's rise expanded to 10% in Tuesday morning trading.Hong Kong Stock Exchange Filing Shows: :Baid","content":"<p>Baidu's rise expanded to 10%&nbsp;in Tuesday morning trading.Hong Kong Stock Exchange Filing Shows: :Baidu Ipo Passes Hong Kong Stock Exchange Listing Hearing.</p><p><blockquote>周二早盘，百度涨幅扩大至10%。港交所文件显示：：百度Ipo通过港交所上市聆讯。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/46b53518801843754c7156b0db74a7e9\" tg-width=\"840\" tg-height=\"470\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta 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}\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: 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class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-09 23:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Baidu's rise expanded to 10%&nbsp;in Tuesday morning trading.Hong Kong Stock Exchange Filing Shows: :Baidu Ipo Passes Hong Kong Stock Exchange Listing Hearing.</p><p><blockquote>周二早盘，百度涨幅扩大至10%。港交所文件显示：：百度Ipo通过港交所上市聆讯。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/46b53518801843754c7156b0db74a7e9\" tg-width=\"840\" tg-height=\"470\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153054606","content_text":"Baidu's rise expanded to 10% in Tuesday morning trading.Hong Kong Stock Exchange Filing Shows: :Baidu Ipo Passes Hong Kong Stock Exchange Listing 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Please comment. Thanks!&nbsp;","listText":"Now is the time to buy. Please comment. Thanks!&nbsp;","text":"Now is the time to buy. Please comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/320532653","repostId":"1169596583","repostType":4,"repost":{"id":"1169596583","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614958557,"share":"https://www.laohu8.com/m/news/1169596583?lang=zh_CN&edition=full","pubTime":"2021-03-05 23:35","market":"us","language":"en","title":"Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169596583","media":"老虎资讯综合","summary":"(March 5)&nbsp;Palantir plunged more than 13%.","content":"<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><blockquote>（3月5日）Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\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\">\nPalantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-05 23:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><blockquote>（3月5日）Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169596583","content_text":"(March 5) Palantir plunged more than 13%.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":2216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367266345,"gmtCreate":1614954927887,"gmtModify":1703483431565,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/367266345","repostId":"1182430321","repostType":4,"isVote":1,"tweetType":1,"viewCount":2566,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364758976,"gmtCreate":1614877020795,"gmtModify":1703482481441,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"It's a good time to buy more. Pls comment! Thanks.&nbsp;","listText":"It's a good time to buy more. Pls comment! Thanks.&nbsp;","text":"It's a good time to buy more. Pls comment! Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364758976","repostId":"1108224624","repostType":4,"isVote":1,"tweetType":1,"viewCount":757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364027475,"gmtCreate":1614786440197,"gmtModify":1703481201871,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"But buy&nbsp;","listText":"But buy&nbsp;","text":"But buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364027475","repostId":"1102082323","repostType":4,"isVote":1,"tweetType":1,"viewCount":3855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362174931,"gmtCreate":1614610345723,"gmtModify":1703478856681,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Pls give me a comment thanks!&nbsp;","listText":"Pls give me a comment thanks!&nbsp;","text":"Pls give me a comment thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/362174931","repostId":"1183681213","repostType":4,"repost":{"id":"1183681213","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614609159,"share":"https://www.laohu8.com/m/news/1183681213?lang=zh_CN&edition=full","pubTime":"2021-03-01 22:32","market":"us","language":"en","title":"U.S. stocks rally at Monday's open; Dow up more than 1%<blockquote>美国股市周一开盘上涨；道指涨超1%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1183681213","media":"老虎资讯综合","summary":"(March 1) U.S. stock benchmarks kicked off trade in March sharply higher, with some strategists attr","content":"<p>(March 1)&nbsp;U.S. stock benchmarks kicked off trade in March sharply higher, with some strategists attributing the enthusiasm to a cool-down in the rapid rise in bond yields that had unsettled the bullish mood on Wall Street last week.</p><p><blockquote>（3月1日）美国。股票基准在3月份大幅走高，一些策略师将这种热情归因于债券收益率快速上升的降温，而债券收益率上周扰乱了华尔街的看涨情绪。</blockquote></p><p>The Dow rises 1.28%, &nbsp;the Nasdaq Composite advances 1.62%,&nbsp;and&nbsp;the S&amp;P 500 up 1.41%.</p><p><blockquote>道琼斯指数上涨1.28%，纳斯达克综合指数上涨1.62%，标普500上涨1.41%。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5801b265d4d7c471efebbacc2decdf48\" tg-width=\"1242\" tg-height=\"567\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:30</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间09:30</span></p></blockquote></p><p>The broad advance came as the yield on 10-year Treasury notes, the benchmark borrowing cost in global debt markets, slipped to 1.43% from 1.459% Friday. Yields fall when bond prices rise.</p><p><blockquote>全球债务市场基准借贷成本10年期国债收益率从周五的1.459%下滑至1.43%，股价大幅上涨。当债券价格上涨时，收益率就会下降。</blockquote></p><p>Stocks, and particularly shares of tech companies, have been buffeted byvolatile moves in government-bond marketsin recent trading sessions. A lurch higher in yields last week called into question the prospect of a long period of low interest rates, which had underpinned the past year’s booming rally in stocks.</p><p><blockquote>最近几个交易日，股市，尤其是科技公司的股票，受到了政府债券市场波动的打击。上周收益率的大幅走高引发了人们对长期低利率前景的质疑，而长期低利率支撑了过去一年股市的蓬勃上涨。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks rally at Monday's open; Dow up more than 1%<blockquote>美国股市周一开盘上涨；道指涨超1%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nU.S. stocks rally at Monday's open; Dow up more than 1%<blockquote>美国股市周一开盘上涨；道指涨超1%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-01 22:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 1)&nbsp;U.S. stock benchmarks kicked off trade in March sharply higher, with some strategists attributing the enthusiasm to a cool-down in the rapid rise in bond yields that had unsettled the bullish mood on Wall Street last week.</p><p><blockquote>（3月1日）美国。股票基准在3月份大幅走高，一些策略师将这种热情归因于债券收益率快速上升的降温，而债券收益率上周扰乱了华尔街的看涨情绪。</blockquote></p><p>The Dow rises 1.28%, &nbsp;the Nasdaq Composite advances 1.62%,&nbsp;and&nbsp;the S&amp;P 500 up 1.41%.</p><p><blockquote>道琼斯指数上涨1.28%，纳斯达克综合指数上涨1.62%，标普500上涨1.41%。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5801b265d4d7c471efebbacc2decdf48\" tg-width=\"1242\" tg-height=\"567\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:30</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间09:30</span></p></blockquote></p><p>The broad advance came as the yield on 10-year Treasury notes, the benchmark borrowing cost in global debt markets, slipped to 1.43% from 1.459% Friday. Yields fall when bond prices rise.</p><p><blockquote>全球债务市场基准借贷成本10年期国债收益率从周五的1.459%下滑至1.43%，股价大幅上涨。当债券价格上涨时，收益率就会下降。</blockquote></p><p>Stocks, and particularly shares of tech companies, have been buffeted byvolatile moves in government-bond marketsin recent trading sessions. A lurch higher in yields last week called into question the prospect of a long period of low interest rates, which had underpinned the past year’s booming rally in stocks.</p><p><blockquote>最近几个交易日，股市，尤其是科技公司的股票，受到了政府债券市场波动的打击。上周收益率的大幅走高引发了人们对长期低利率前景的质疑，而长期低利率支撑了过去一年股市的蓬勃上涨。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183681213","content_text":"(March 1) U.S. stock benchmarks kicked off trade in March sharply higher, with some strategists attributing the enthusiasm to a cool-down in the rapid rise in bond yields that had unsettled the bullish mood on Wall Street last week.The Dow rises 1.28%,  the Nasdaq Composite advances 1.62%, and the S&P 500 up 1.41%.*Source From Tiger Trade, EST 09:30The broad advance came as the yield on 10-year Treasury notes, the benchmark borrowing cost in global debt markets, slipped to 1.43% from 1.459% Friday. Yields fall when bond prices rise.Stocks, and particularly shares of tech companies, have been buffeted byvolatile moves in government-bond marketsin recent trading sessions. A lurch higher in yields last week called into question the prospect of a long period of low interest rates, which had underpinned the past year’s booming rally in stocks.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366876011,"gmtCreate":1614454922233,"gmtModify":1703477609855,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Pls like and comment. Thanks","listText":"Pls like and comment. Thanks","text":"Pls like and comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/366876011","repostId":"1181374212","repostType":4,"isVote":1,"tweetType":1,"viewCount":1905,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366878759,"gmtCreate":1614454861571,"gmtModify":1703477610025,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/366878759","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":3610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366034382,"gmtCreate":1614358580146,"gmtModify":1703476955762,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/366034382","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360260889,"gmtCreate":1613928301541,"gmtModify":1634551839062,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360260889","repostId":"1143100356","repostType":4,"isVote":1,"tweetType":1,"viewCount":618,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384430544,"gmtCreate":1613664735588,"gmtModify":1634552706480,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384430544","repostId":"2112866301","repostType":4,"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384497418,"gmtCreate":1613664711734,"gmtModify":1634552707074,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384497418","repostId":"1102078157","repostType":4,"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385474407,"gmtCreate":1613574183009,"gmtModify":1634553091358,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Should I buy more?&nbsp;","listText":"Should I buy more?&nbsp;","text":"Should I buy more?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/385474407","repostId":"2112833386","repostType":4,"isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382485554,"gmtCreate":1613475834878,"gmtModify":1634553520124,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"👏","listText":"👏","text":"👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/382485554","repostId":"1174892130","repostType":4,"repost":{"id":"1174892130","kind":"news","pubTimestamp":1613469616,"share":"https://www.laohu8.com/m/news/1174892130?lang=zh_CN&edition=full","pubTime":"2021-02-16 18:00","market":"sg","language":"en","title":"STI closes marginally higher by 0.13%, with all eyes on Budget 2021<blockquote>STI收盘小幅上涨0.13%，所有人都关注2021年预算</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1174892130","media":"businesstimes","summary":"SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation'","content":"<p><div> SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation's Budget 2021, which, among other things, extended the much-needed wage support to the hardest-hit ...</p><p><blockquote><div>新加坡股市连续第二天小幅上涨，因为所有人的目光都集中在该国的2021年预算上，除其他外，该预算将急需的工资支持扩大到了受灾最严重的国家...</div></blockquote></p><p>  <a href=\"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021\">网页链接</a>  </div> </p><p><blockquote><a href=\"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021\">网页连接</a></blockquote></p><p></p>","source":"lsy1607307803821","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>STI closes marginally higher by 0.13%, with all eyes on Budget 2021<blockquote>STI收盘小幅上涨0.13%，所有人都关注2021年预算</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSTI closes marginally higher by 0.13%, with all eyes on Budget 2021<blockquote>STI收盘小幅上涨0.13%，所有人都关注2021年预算</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">businesstimes</strong><span class=\"h-time small\">2021-02-16 18:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation's Budget 2021, which, among other things, extended the much-needed wage support to the hardest-hit ...</p><p><blockquote><div>新加坡股市连续第二天小幅上涨，因为所有人的目光都集中在该国的2021年预算上，除其他外，该预算将急需的工资支持扩大到了受灾最严重的国家...</div></blockquote></p><p>  <a href=\"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021\">网页链接</a>  </div> </p><p><blockquote><a href=\"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021\">businesstimes</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://businesstimes.com.sg/stocks/sti-closes-marginally-higher-by-013-with-all-eyes-on-budget-2021","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174892130","content_text":"SINGAPORE shares extended marginal gains for the second straight day as all eyes were on the nation's Budget 2021, which, among other things, extended the much-needed wage support to the hardest-hit sectors in the pandemic, and provided households more spending power.\nThe key Straits Times Index finished at 2,935.34 after advancing 3.82 points or 0.13 per cent. Key regional gauges in Japan, Hong Kong, South Korea and Australia also chalked up gains; Malaysia bucked the general trend and finished in the red.\nSentiments in equities stayed upbeat, owing to the same confluence of factors from US stimulus package, dovish central banks and vaccine roll-outs that have picked up pace. Also, while Wall Street had an off-day on Monday with the Presidents' Day holiday, the futures indicated continued gains as it starts the week on Tuesday, adding to the cheery mood.\nOn the local bourse, turnover stood at 2.69 billion worth S$1.12 billion. Gains were led by DBS, Singtel and Wilmar International.\nComfortDelGro fell one Singapore cent or 0.6 per cent to S$1.57. DBS Group Research issued a \"buy\" rating on the counter with a 12-month target price of S$1.99, saying that a recovery is on the cards and the current price seems \"unjustifiably low\". This followed the land transport operator's FY2020 results, in which it announced a 77 per cent drop in net profit to S$61.8 million from a year ago, as revenue fell 17 per cent to S$3.22 billion owing to pandemic-led lockdowns across the countries where it operates.\nMapletree Logistics Trust (MLT) closed unchanged at S$1.95. MLT manager announced late on Monday that it has acquired five freehold logistics properties in South Korea for 280 billion won (S$336 million).","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382485636,"gmtCreate":1613475806825,"gmtModify":1634553520369,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/382485636","repostId":"1108705396","repostType":4,"repost":{"id":"1108705396","kind":"news","pubTimestamp":1613469786,"share":"https://www.laohu8.com/m/news/1108705396?lang=zh_CN&edition=full","pubTime":"2021-02-16 18:03","market":"us","language":"en","title":"With Biden going big, Wall Street economists are growing bullish on the US economy<blockquote>随着拜登的崛起，华尔街经济学家越来越看好美国经济</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108705396","media":"CNN Business","summary":"New York (CNN Business) The Covid-ravaged American economy was on the verge of slipping into a doubl","content":"<p><b>New York (CNN Business)&nbsp;</b>The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying,gridlock paralyzed Washington&nbsp;and millions of families were about to&nbsp;lose crucial benefits.</p><p><blockquote><b>纽约（CNN商业）</b>2020年底，饱受新冠疫情蹂躏的美国经济濒临陷入双底衰退。疫情正在加剧，僵局使华盛顿陷入瘫痪，数百万家庭即将失去重要福利。</blockquote></p><p> Fast forward two months, and the&nbsp;economy is still struggling-- but confidence in the recovery is growing, rapidly.</p><p><blockquote>快进两个月，经济仍在挣扎，但对复苏的信心正在迅速增长。</blockquote></p><p> Economists are swiftly upgrading their GDP and unemployment forecasts and pulling forward the date when the Federal Reserve will be able to lift rock-bottom interest rates. Goldman Sachs is predicting the US economy will grow at the fastest clip in more than three decades.</p><p><blockquote>经济学家正在迅速上调GDP和失业率预测，并将美联储能够提高最低利率的日期提前。高盛预测美国经济将以三十多年来最快的速度增长。</blockquote></p><p> The renewed optimism is being driven by two major factors: the&nbsp;health crisis is easing&nbsp;and Uncle Sam is&nbsp;coming to the rescue with staggering amounts of aid-- hundreds of billions more than seemed to be in the cards just months ago.</p><p><blockquote>重新燃起的乐观情绪是由两个主要因素推动的：健康危机正在缓解，山姆大叔正在提供惊人数量的援助——比几个月前似乎多了数千亿美元。</blockquote></p><p> After supplying $4 trillion of relief last year, Washington is expected to pump in another $2 trillion of deficit-financed support in 2021, according to Moody's Analytics. That represents more than a quarter of annual US GDP.</p><p><blockquote>根据穆迪分析公司的数据，继去年提供4万亿美元的救助后，华盛顿预计将在2021年再提供2万亿美元的赤字融资支持。这相当于美国年度GDP的四分之一以上。</blockquote></p><p> \"That is a lot of economic juice,\" Mark Zandi, chief economist at Moody's Analytics, told CNN Business.</p><p><blockquote>穆迪分析公司首席经济学家马克·赞迪(Mark Zandi)告诉CNN Business：“这是大量的经济动力。”</blockquote></p><p> The turning point happened last month&nbsp;when Democrats took narrow control of the US Senate by sweeping the runoff races in Georgia. That opened a path for&nbsp;President Joe Biden's $1.9 trillion American Rescue Plan, which features $1,400 stimulus checks, enhanced unemployment benefits and a $350 billion lifeline to state and local governments.</p><p><blockquote>转折点发生在上个月，当时民主党在佐治亚州的决选中以微弱优势控制了美国参议院。这为乔·拜登总统1.9万亿美元的美国救援计划开辟了道路，该计划包括1400美元的刺激支票、提高失业救济金以及向州和地方政府提供3500亿美元的生命线。</blockquote></p><p> <b>'Summer mini-boom'</b></p><p><blockquote><b>“夏季迷你热潮”</b></blockquote></p><p> Before the Georgia elections, Zandi didn't think the US economy would return to full employment (a strong labor market with 4% unemployment) until the spring or summer of 2023. Now, he expects that achievement to happen next spring, echoing a&nbsp;forecast by Treasury Secretary Janet Yellen.</p><p><blockquote>在佐治亚州选举之前，赞迪认为美国经济要到2023年春季或夏季才能恢复充分就业（强劲的劳动力市场，失业率为4%）。现在，他预计这一成就将在明年春天实现，这与财政部长珍妮特·耶伦的预测相呼应。</blockquote></p><p> \"Super-charged fiscal policy\" means the argument for the US economy growing faster than its peers \"seems to get stronger day-by-day,\" economists at Bank of America wrote in a recent report to clients.</p><p><blockquote>美国银行经济学家在最近给客户的一份报告中写道，“超级财政政策”意味着美国经济增长快于其他国家的论点“似乎日益强烈”。</blockquote></p><p> Oxford Economics chief US economist Gregory Daco is calling for a \"summer mini-boom\" in the United States and 5.9% GDP growth in 2021.</p><p><blockquote>牛津经济研究院首席美国经济学家Gregory Daco呼吁美国出现“夏季小繁荣”，2021年GDP增长5.9%。</blockquote></p><p> Likewise, Jefferies economists say \"explosive income growth (courtesy of fiscal stimulus) is likely to propel US GDP 6.4% higher this year and nearly 5% next year.\"</p><p><blockquote>同样，杰富瑞(Jefferies)经济学家表示，“爆炸性的收入增长（得益于财政刺激）可能会推动美国GDP今年增长6.4%，明年增长近5%。”</blockquote></p><p> \"If anything, our forecast might be too conservative,\" Jefferies told clients in a recent note, pointing out that its view incorporates just $1 trillion of the Biden plan.</p><p><blockquote>杰富瑞在最近的一份报告中告诉客户：“如果说有什么不同的话，那就是我们的预测可能过于保守。”他指出，其观点仅纳入了拜登计划的1万亿美元。</blockquote></p><p> Indeed, Goldman Sachs upgraded its 2021 GDP forecast to 6.8% earlier this week because the Wall Street bank now assumes additional fiscal relief of $1.5 trillion, up from $1.1 trillion previously. If Goldman's prediction comes true, it would be the fastest annual GDP growth for the United States since 1989,according to the St. Louis Fed.</p><p><blockquote>事实上，高盛本周早些时候将2021年GDP预期上调至6.8%，因为这家华尔街银行现在假设额外财政救助为1.5万亿美元，高于此前的1.1万亿美元。根据圣路易斯联储的数据，如果高盛的预测成真，这将是美国自1989年以来最快的年度GDP增长。</blockquote></p><p> The rosy GDP forecasts are well above what the Federal Reserve is calling for. In December, the Fed expected 2021 GDP growth of just 4.2% and said unemployment wouldn't slip below 4% until 2023.</p><p><blockquote>乐观的GDP预测远高于美联储的要求。去年12月，美联储预计2021年GDP增长仅为4.2%，并表示失业率要到2023年才会降至4%以下。</blockquote></p><p> <b>Double-dip recession averted</b></p><p><blockquote><b>避免了双底衰退</b></blockquote></p><p> The Fed tends to be conservative with its economic forecasts. And, crucially, the Fed forecast was released at a time when political dysfunction in DC was casting a shadow over the US economy.</p><p><blockquote>美联储对经济预测趋于保守。而且，至关重要的是，美联储的预测是在DC政治功能失调给美国经济蒙上阴影之际发布的。</blockquote></p><p> For months, Republicans and Democrats tried and failed to reach a deal on extending crucial unemployment and eviction benefits scheduled to lapse and providing more forgivable loans to small businesses. And then when a deal was finally reached, former President Donald Trump threatened to blow it up.</p><p><blockquote>几个月来，共和党和民主党试图就延长计划失效的关键失业和驱逐福利以及向小企业提供更多可原谅贷款达成协议，但未能达成协议。然后当最终达成协议时，前总统唐纳德·特朗普威胁要炸毁它。</blockquote></p><p> At the last minute, Trump signed the $900 billion relief package into law, averting economic disaster.</p><p><blockquote>在最后一刻，特朗普将9000亿美元的救助计划签署成为法律，避免了经济灾难。</blockquote></p><p> \"Without that, we would be in a double dip recession,\" said Zandi, the Moody's economist.</p><p><blockquote>穆迪经济学家赞迪表示：“如果没有这一点，我们将陷入双底衰退。”</blockquote></p><p> Slammed by the pandemic, the US economy limped to the end of 2020 and started this year slowly. In December, employers cut jobs in for the first time since the spring. And the United States&nbsp;added just 49,000 jobs in January.</p><p><blockquote>受疫情冲击，美国经济一瘸一拐地走到2020年底，今年开局缓慢。12月，雇主自春季以来首次裁员。美国1月份仅增加了49,000个就业岗位。</blockquote></p><p> Jobless claims remain alarmingly high. Another 793,000 Americans filed for first time unemployment benefits last week alone. For context, that is above the worst levels of the Great Recession.</p><p><blockquote>申请失业救济人数仍然高得惊人。仅上周就有793,000名美国人首次申请失业救济。就背景而言，这高于大衰退的最严重水平。</blockquote></p><p> <b>Vaccines to the rescue</b></p><p><blockquote><b>疫苗拯救生命</b></blockquote></p><p> But there are glimmers of hope on the pandemic. Although Covid deaths remain unthinkably high, hospitalizations and cases have retreated.</p><p><blockquote>但疫情仍有一线希望。尽管Covid死亡人数仍然高得难以想象，但住院人数和病例数已经下降。</blockquote></p><p> Critically, the rollout of coronavirus vaccines is accelerating. Out of a total of 66 million vaccines distributed, about 70% have been administered, according to Morgan Stanley.</p><p><blockquote>至关重要的是，冠状病毒疫苗的推出正在加速。据摩根士丹利称，在总共分发的6600万支疫苗中，约70%已经接种。</blockquote></p><p> And Dr. Anthony Fauci, the nation's top infectious disease expert,told NBC News Thursday&nbsp;that the United States may be able to vaccinate most Americans by the middle or end of summer.</p><p><blockquote>美国顶级传染病专家安东尼·福奇博士周四告诉NBC新闻，美国可能能够在夏季中期或结束前为大多数美国人接种疫苗。</blockquote></p><p></p><p> All of this has allowed states including California, New York and New Jersey to relax health restrictions crushing restaurants and other small businesses.</p><p><blockquote>所有这些使得包括加利福尼亚、纽约和新泽西在内的州放松了对餐馆和其他小企业的健康限制。</blockquote></p><p> That's not to say the pandemic is over. In fact,one risk is that new Covid-19 variants&nbsp;force US states and cities to once again tighten health restrictions.</p><p><blockquote>这并不是说疫情已经结束。事实上，一个风险是，新的Covid-19变种迫使美国各州和城市再次收紧健康限制。</blockquote></p><p> <b>Low-wage workers are still hurting badly</b></p><p><blockquote><b>低薪工人仍然受到严重伤害</b></blockquote></p><p> Against this backdrop, many economists are urging Washington to push ahead with plans for aggressive fiscal stimulus.</p><p><blockquote>在此背景下，许多经济学家敦促华盛顿推进激进的财政刺激计划。</blockquote></p><p> \"Foot flat on the accelerator, please,\" Zandi, the Moody's economist said. \"Policymaking 101 says err on the side of doing too much, rather than too little.\"</p><p><blockquote>穆迪经济学家赞迪表示：“请把脚平放在油门上。”“政策制定101说，错误在于做得太多，而不是做得太少。”</blockquote></p><p> Doing too little risks worsening America's inequality problem. That's because this recession, more than prior ones, disproportionately hurt low-income workers in hard-hit sectors such as restaurants, childcare and hospitality.</p><p><blockquote>做得太少可能会加剧美国的不平等问题。这是因为与之前的衰退相比，这次衰退对餐馆、儿童保育和酒店业等遭受重创行业的低收入工人造成了不成比例的伤害。</blockquote></p><p> Employment levels of low-wage workers (those making less than $27,000 per year) is still down more than 20%, according to the Opportunity Insights Economic tracker. By contrast, employment levels of those making more than $60,000 per year are above pre-crisis levels.</p><p><blockquote>根据Opportunity Insights经济跟踪系统的数据，低工资工人（年收入低于27,000美元的人）的就业水平仍下降了20%以上。相比之下，年收入超过6万美元的人的就业水平高于危机前的水平。</blockquote></p><p> \"Biden's team is unlikely to break out the champagne over reaching full employment if it isn't evident across income and racial groups,\" economists at Bank of America wrote in a report to clients.</p><p><blockquote>美国银行的经济学家在给客户的一份报告中写道：“如果收入和种族群体之间的充分就业情况不明显，拜登的团队就不太可能为实现充分就业而开香槟。”</blockquote></p><p> However, Danielle DiMartino Booth, a former Fed official who is now CEO of Quill Intelligence, worries the focus on providing income, instead of investing in infrastructure and reskilling workers, will make the country addicted to stimulus.</p><p><blockquote>然而，前美联储官员、现任Quill Intelligence首席执行官丹妮尔·迪马蒂诺·布斯(Danielle DiMartino Booth)担心，专注于提供收入，而不是投资基础设施和再培训工人，会让该国沉迷于刺激措施。</blockquote></p><p> \"The economy is going to turn into this dependent patient, always waiting for the next injection,\" Booth said.</p><p><blockquote>布斯说：“经济将变成这个依赖患者，总是等待下一次注射。”</blockquote></p><p> <b>'Bring it on'</b></p><p><blockquote><b>“来吧”</b></blockquote></p><p> Some economists, including former Treasury Secretary Larry Summers, have warned there is a risk that Washington&nbsp;overheats the economy by injecting too much support.</p><p><blockquote>包括前财政部长拉里·萨默斯在内的一些经济学家警告说，华盛顿注入过多支持可能会导致经济过热。</blockquote></p><p> \"You could have quite the inflation scare in the next few months that will test the bond market and the Fed,\" Booth said.</p><p><blockquote>布斯表示：“未来几个月可能会出现相当大的通胀恐慌，这将考验债券市场和美联储。”</blockquote></p><p> And that in turn would spook the&nbsp;red-hot stock market.</p><p><blockquote>这反过来又会惊动炙手可热的股市。</blockquote></p><p> Fed watchers are moving up their timelines for when the central bank will be able to end its emergency policies.</p><p><blockquote>美联储观察人士正在提前确定美联储何时能够结束紧急政策的时间表。</blockquote></p><p> Citing \"signs of a firmer inflation outlook,\" Goldman Sachs now expects the Fed to start \"tapering\" its asset purchases in early 2022 and to raise interest rates in the first half of 2024.</p><p><blockquote>高盛援引“通胀前景走强的迹象”，目前预计美联储将在2022年初开始“缩减”资产购买规模，并在2024年上半年加息。</blockquote></p><p> Zandi isn't losing sleep over inflation, mostly because the United States is far from full employment.</p><p><blockquote>赞迪并没有因为通货膨胀而失眠，主要是因为美国还远未实现充分就业。</blockquote></p><p> \"It's a vastly overstated worry,\" he said. \"Bring it on. Our biggest problem for more than a decade has been low inflation. Higher inflation would be a high-class problem to have.\"</p><p><blockquote>“这是一种被大大夸大的担忧，”他说。“来吧。十多年来，我们最大的问题一直是低通胀。更高的通胀将是一个高级问题。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>With Biden going big, Wall Street economists are growing bullish on the US economy<blockquote>随着拜登的崛起，华尔街经济学家越来越看好美国经济</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nWith Biden going big, Wall Street economists are growing bullish on the US economy<blockquote>随着拜登的崛起，华尔街经济学家越来越看好美国经济</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN Business</strong><span class=\"h-time small\">2021-02-16 18:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>New York (CNN Business)&nbsp;</b>The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying,gridlock paralyzed Washington&nbsp;and millions of families were about to&nbsp;lose crucial benefits.</p><p><blockquote><b>纽约（CNN商业）</b>2020年底，饱受新冠疫情蹂躏的美国经济濒临陷入双底衰退。疫情正在加剧，僵局使华盛顿陷入瘫痪，数百万家庭即将失去重要福利。</blockquote></p><p> Fast forward two months, and the&nbsp;economy is still struggling-- but confidence in the recovery is growing, rapidly.</p><p><blockquote>快进两个月，经济仍在挣扎，但对复苏的信心正在迅速增长。</blockquote></p><p> Economists are swiftly upgrading their GDP and unemployment forecasts and pulling forward the date when the Federal Reserve will be able to lift rock-bottom interest rates. Goldman Sachs is predicting the US economy will grow at the fastest clip in more than three decades.</p><p><blockquote>经济学家正在迅速上调GDP和失业率预测，并将美联储能够提高最低利率的日期提前。高盛预测美国经济将以三十多年来最快的速度增长。</blockquote></p><p> The renewed optimism is being driven by two major factors: the&nbsp;health crisis is easing&nbsp;and Uncle Sam is&nbsp;coming to the rescue with staggering amounts of aid-- hundreds of billions more than seemed to be in the cards just months ago.</p><p><blockquote>重新燃起的乐观情绪是由两个主要因素推动的：健康危机正在缓解，山姆大叔正在提供惊人数量的援助——比几个月前似乎多了数千亿美元。</blockquote></p><p> After supplying $4 trillion of relief last year, Washington is expected to pump in another $2 trillion of deficit-financed support in 2021, according to Moody's Analytics. That represents more than a quarter of annual US GDP.</p><p><blockquote>根据穆迪分析公司的数据，继去年提供4万亿美元的救助后，华盛顿预计将在2021年再提供2万亿美元的赤字融资支持。这相当于美国年度GDP的四分之一以上。</blockquote></p><p> \"That is a lot of economic juice,\" Mark Zandi, chief economist at Moody's Analytics, told CNN Business.</p><p><blockquote>穆迪分析公司首席经济学家马克·赞迪(Mark Zandi)告诉CNN Business：“这是大量的经济动力。”</blockquote></p><p> The turning point happened last month&nbsp;when Democrats took narrow control of the US Senate by sweeping the runoff races in Georgia. That opened a path for&nbsp;President Joe Biden's $1.9 trillion American Rescue Plan, which features $1,400 stimulus checks, enhanced unemployment benefits and a $350 billion lifeline to state and local governments.</p><p><blockquote>转折点发生在上个月，当时民主党在佐治亚州的决选中以微弱优势控制了美国参议院。这为乔·拜登总统1.9万亿美元的美国救援计划开辟了道路，该计划包括1400美元的刺激支票、提高失业救济金以及向州和地方政府提供3500亿美元的生命线。</blockquote></p><p> <b>'Summer mini-boom'</b></p><p><blockquote><b>“夏季迷你热潮”</b></blockquote></p><p> Before the Georgia elections, Zandi didn't think the US economy would return to full employment (a strong labor market with 4% unemployment) until the spring or summer of 2023. Now, he expects that achievement to happen next spring, echoing a&nbsp;forecast by Treasury Secretary Janet Yellen.</p><p><blockquote>在佐治亚州选举之前，赞迪认为美国经济要到2023年春季或夏季才能恢复充分就业（强劲的劳动力市场，失业率为4%）。现在，他预计这一成就将在明年春天实现，这与财政部长珍妮特·耶伦的预测相呼应。</blockquote></p><p> \"Super-charged fiscal policy\" means the argument for the US economy growing faster than its peers \"seems to get stronger day-by-day,\" economists at Bank of America wrote in a recent report to clients.</p><p><blockquote>美国银行经济学家在最近给客户的一份报告中写道，“超级财政政策”意味着美国经济增长快于其他国家的论点“似乎日益强烈”。</blockquote></p><p> Oxford Economics chief US economist Gregory Daco is calling for a \"summer mini-boom\" in the United States and 5.9% GDP growth in 2021.</p><p><blockquote>牛津经济研究院首席美国经济学家Gregory Daco呼吁美国出现“夏季小繁荣”，2021年GDP增长5.9%。</blockquote></p><p> Likewise, Jefferies economists say \"explosive income growth (courtesy of fiscal stimulus) is likely to propel US GDP 6.4% higher this year and nearly 5% next year.\"</p><p><blockquote>同样，杰富瑞(Jefferies)经济学家表示，“爆炸性的收入增长（得益于财政刺激）可能会推动美国GDP今年增长6.4%，明年增长近5%。”</blockquote></p><p> \"If anything, our forecast might be too conservative,\" Jefferies told clients in a recent note, pointing out that its view incorporates just $1 trillion of the Biden plan.</p><p><blockquote>杰富瑞在最近的一份报告中告诉客户：“如果说有什么不同的话，那就是我们的预测可能过于保守。”他指出，其观点仅纳入了拜登计划的1万亿美元。</blockquote></p><p> Indeed, Goldman Sachs upgraded its 2021 GDP forecast to 6.8% earlier this week because the Wall Street bank now assumes additional fiscal relief of $1.5 trillion, up from $1.1 trillion previously. If Goldman's prediction comes true, it would be the fastest annual GDP growth for the United States since 1989,according to the St. Louis Fed.</p><p><blockquote>事实上，高盛本周早些时候将2021年GDP预期上调至6.8%，因为这家华尔街银行现在假设额外财政救助为1.5万亿美元，高于此前的1.1万亿美元。根据圣路易斯联储的数据，如果高盛的预测成真，这将是美国自1989年以来最快的年度GDP增长。</blockquote></p><p> The rosy GDP forecasts are well above what the Federal Reserve is calling for. In December, the Fed expected 2021 GDP growth of just 4.2% and said unemployment wouldn't slip below 4% until 2023.</p><p><blockquote>乐观的GDP预测远高于美联储的要求。去年12月，美联储预计2021年GDP增长仅为4.2%，并表示失业率要到2023年才会降至4%以下。</blockquote></p><p> <b>Double-dip recession averted</b></p><p><blockquote><b>避免了双底衰退</b></blockquote></p><p> The Fed tends to be conservative with its economic forecasts. And, crucially, the Fed forecast was released at a time when political dysfunction in DC was casting a shadow over the US economy.</p><p><blockquote>美联储对经济预测趋于保守。而且，至关重要的是，美联储的预测是在DC政治功能失调给美国经济蒙上阴影之际发布的。</blockquote></p><p> For months, Republicans and Democrats tried and failed to reach a deal on extending crucial unemployment and eviction benefits scheduled to lapse and providing more forgivable loans to small businesses. And then when a deal was finally reached, former President Donald Trump threatened to blow it up.</p><p><blockquote>几个月来，共和党和民主党试图就延长计划失效的关键失业和驱逐福利以及向小企业提供更多可原谅贷款达成协议，但未能达成协议。然后当最终达成协议时，前总统唐纳德·特朗普威胁要炸毁它。</blockquote></p><p> At the last minute, Trump signed the $900 billion relief package into law, averting economic disaster.</p><p><blockquote>在最后一刻，特朗普将9000亿美元的救助计划签署成为法律，避免了经济灾难。</blockquote></p><p> \"Without that, we would be in a double dip recession,\" said Zandi, the Moody's economist.</p><p><blockquote>穆迪经济学家赞迪表示：“如果没有这一点，我们将陷入双底衰退。”</blockquote></p><p> Slammed by the pandemic, the US economy limped to the end of 2020 and started this year slowly. In December, employers cut jobs in for the first time since the spring. And the United States&nbsp;added just 49,000 jobs in January.</p><p><blockquote>受疫情冲击，美国经济一瘸一拐地走到2020年底，今年开局缓慢。12月，雇主自春季以来首次裁员。美国1月份仅增加了49,000个就业岗位。</blockquote></p><p> Jobless claims remain alarmingly high. Another 793,000 Americans filed for first time unemployment benefits last week alone. For context, that is above the worst levels of the Great Recession.</p><p><blockquote>申请失业救济人数仍然高得惊人。仅上周就有793,000名美国人首次申请失业救济。就背景而言，这高于大衰退的最严重水平。</blockquote></p><p> <b>Vaccines to the rescue</b></p><p><blockquote><b>疫苗拯救生命</b></blockquote></p><p> But there are glimmers of hope on the pandemic. Although Covid deaths remain unthinkably high, hospitalizations and cases have retreated.</p><p><blockquote>但疫情仍有一线希望。尽管Covid死亡人数仍然高得难以想象，但住院人数和病例数已经下降。</blockquote></p><p> Critically, the rollout of coronavirus vaccines is accelerating. Out of a total of 66 million vaccines distributed, about 70% have been administered, according to Morgan Stanley.</p><p><blockquote>至关重要的是，冠状病毒疫苗的推出正在加速。据摩根士丹利称，在总共分发的6600万支疫苗中，约70%已经接种。</blockquote></p><p> And Dr. Anthony Fauci, the nation's top infectious disease expert,told NBC News Thursday&nbsp;that the United States may be able to vaccinate most Americans by the middle or end of summer.</p><p><blockquote>美国顶级传染病专家安东尼·福奇博士周四告诉NBC新闻，美国可能能够在夏季中期或结束前为大多数美国人接种疫苗。</blockquote></p><p></p><p> All of this has allowed states including California, New York and New Jersey to relax health restrictions crushing restaurants and other small businesses.</p><p><blockquote>所有这些使得包括加利福尼亚、纽约和新泽西在内的州放松了对餐馆和其他小企业的健康限制。</blockquote></p><p> That's not to say the pandemic is over. In fact,one risk is that new Covid-19 variants&nbsp;force US states and cities to once again tighten health restrictions.</p><p><blockquote>这并不是说疫情已经结束。事实上，一个风险是，新的Covid-19变种迫使美国各州和城市再次收紧健康限制。</blockquote></p><p> <b>Low-wage workers are still hurting badly</b></p><p><blockquote><b>低薪工人仍然受到严重伤害</b></blockquote></p><p> Against this backdrop, many economists are urging Washington to push ahead with plans for aggressive fiscal stimulus.</p><p><blockquote>在此背景下，许多经济学家敦促华盛顿推进激进的财政刺激计划。</blockquote></p><p> \"Foot flat on the accelerator, please,\" Zandi, the Moody's economist said. \"Policymaking 101 says err on the side of doing too much, rather than too little.\"</p><p><blockquote>穆迪经济学家赞迪表示：“请把脚平放在油门上。”“政策制定101说，错误在于做得太多，而不是做得太少。”</blockquote></p><p> Doing too little risks worsening America's inequality problem. That's because this recession, more than prior ones, disproportionately hurt low-income workers in hard-hit sectors such as restaurants, childcare and hospitality.</p><p><blockquote>做得太少可能会加剧美国的不平等问题。这是因为与之前的衰退相比，这次衰退对餐馆、儿童保育和酒店业等遭受重创行业的低收入工人造成了不成比例的伤害。</blockquote></p><p> Employment levels of low-wage workers (those making less than $27,000 per year) is still down more than 20%, according to the Opportunity Insights Economic tracker. By contrast, employment levels of those making more than $60,000 per year are above pre-crisis levels.</p><p><blockquote>根据Opportunity Insights经济跟踪系统的数据，低工资工人（年收入低于27,000美元的人）的就业水平仍下降了20%以上。相比之下，年收入超过6万美元的人的就业水平高于危机前的水平。</blockquote></p><p> \"Biden's team is unlikely to break out the champagne over reaching full employment if it isn't evident across income and racial groups,\" economists at Bank of America wrote in a report to clients.</p><p><blockquote>美国银行的经济学家在给客户的一份报告中写道：“如果收入和种族群体之间的充分就业情况不明显，拜登的团队就不太可能为实现充分就业而开香槟。”</blockquote></p><p> However, Danielle DiMartino Booth, a former Fed official who is now CEO of Quill Intelligence, worries the focus on providing income, instead of investing in infrastructure and reskilling workers, will make the country addicted to stimulus.</p><p><blockquote>然而，前美联储官员、现任Quill Intelligence首席执行官丹妮尔·迪马蒂诺·布斯(Danielle DiMartino Booth)担心，专注于提供收入，而不是投资基础设施和再培训工人，会让该国沉迷于刺激措施。</blockquote></p><p> \"The economy is going to turn into this dependent patient, always waiting for the next injection,\" Booth said.</p><p><blockquote>布斯说：“经济将变成这个依赖患者，总是等待下一次注射。”</blockquote></p><p> <b>'Bring it on'</b></p><p><blockquote><b>“来吧”</b></blockquote></p><p> Some economists, including former Treasury Secretary Larry Summers, have warned there is a risk that Washington&nbsp;overheats the economy by injecting too much support.</p><p><blockquote>包括前财政部长拉里·萨默斯在内的一些经济学家警告说，华盛顿注入过多支持可能会导致经济过热。</blockquote></p><p> \"You could have quite the inflation scare in the next few months that will test the bond market and the Fed,\" Booth said.</p><p><blockquote>布斯表示：“未来几个月可能会出现相当大的通胀恐慌，这将考验债券市场和美联储。”</blockquote></p><p> And that in turn would spook the&nbsp;red-hot stock market.</p><p><blockquote>这反过来又会惊动炙手可热的股市。</blockquote></p><p> Fed watchers are moving up their timelines for when the central bank will be able to end its emergency policies.</p><p><blockquote>美联储观察人士正在提前确定美联储何时能够结束紧急政策的时间表。</blockquote></p><p> Citing \"signs of a firmer inflation outlook,\" Goldman Sachs now expects the Fed to start \"tapering\" its asset purchases in early 2022 and to raise interest rates in the first half of 2024.</p><p><blockquote>高盛援引“通胀前景走强的迹象”，目前预计美联储将在2022年初开始“缩减”资产购买规模，并在2024年上半年加息。</blockquote></p><p> Zandi isn't losing sleep over inflation, mostly because the United States is far from full employment.</p><p><blockquote>赞迪并没有因为通货膨胀而失眠，主要是因为美国还远未实现充分就业。</blockquote></p><p> \"It's a vastly overstated worry,\" he said. \"Bring it on. Our biggest problem for more than a decade has been low inflation. Higher inflation would be a high-class problem to have.\"</p><p><blockquote>“这是一种被大大夸大的担忧，”他说。“来吧。十多年来，我们最大的问题一直是低通胀。更高的通胀将是一个高级问题。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/02/11/economy/economy-jobs-biden-stimulus/index.html\">CNN Business</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://edition.cnn.com/2021/02/11/economy/economy-jobs-biden-stimulus/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108705396","content_text":"New York (CNN Business) The Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying,gridlock paralyzed Washington and millions of families were about to lose crucial benefits.\nFast forward two months, and the economy is still struggling-- but confidence in the recovery is growing, rapidly.\nEconomists are swiftly upgrading their GDP and unemployment forecasts and pulling forward the date when the Federal Reserve will be able to lift rock-bottom interest rates. Goldman Sachs is predicting the US economy will grow at the fastest clip in more than three decades.\nThe renewed optimism is being driven by two major factors: the health crisis is easing and Uncle Sam is coming to the rescue with staggering amounts of aid-- hundreds of billions more than seemed to be in the cards just months ago.\nAfter supplying $4 trillion of relief last year, Washington is expected to pump in another $2 trillion of deficit-financed support in 2021, according to Moody's Analytics. That represents more than a quarter of annual US GDP.\n\"That is a lot of economic juice,\" Mark Zandi, chief economist at Moody's Analytics, told CNN Business.\nThe turning point happened last month when Democrats took narrow control of the US Senate by sweeping the runoff races in Georgia. That opened a path for President Joe Biden's $1.9 trillion American Rescue Plan, which features $1,400 stimulus checks, enhanced unemployment benefits and a $350 billion lifeline to state and local governments.\n'Summer mini-boom'\nBefore the Georgia elections, Zandi didn't think the US economy would return to full employment (a strong labor market with 4% unemployment) until the spring or summer of 2023. Now, he expects that achievement to happen next spring, echoing a forecast by Treasury Secretary Janet Yellen.\n\"Super-charged fiscal policy\" means the argument for the US economy growing faster than its peers \"seems to get stronger day-by-day,\" economists at Bank of America wrote in a recent report to clients.\nOxford Economics chief US economist Gregory Daco is calling for a \"summer mini-boom\" in the United States and 5.9% GDP growth in 2021.\nLikewise, Jefferies economists say \"explosive income growth (courtesy of fiscal stimulus) is likely to propel US GDP 6.4% higher this year and nearly 5% next year.\"\n\"If anything, our forecast might be too conservative,\" Jefferies told clients in a recent note, pointing out that its view incorporates just $1 trillion of the Biden plan.\nIndeed, Goldman Sachs upgraded its 2021 GDP forecast to 6.8% earlier this week because the Wall Street bank now assumes additional fiscal relief of $1.5 trillion, up from $1.1 trillion previously. If Goldman's prediction comes true, it would be the fastest annual GDP growth for the United States since 1989,according to the St. Louis Fed.\nThe rosy GDP forecasts are well above what the Federal Reserve is calling for. In December, the Fed expected 2021 GDP growth of just 4.2% and said unemployment wouldn't slip below 4% until 2023.\nDouble-dip recession averted\nThe Fed tends to be conservative with its economic forecasts. And, crucially, the Fed forecast was released at a time when political dysfunction in DC was casting a shadow over the US economy.\nFor months, Republicans and Democrats tried and failed to reach a deal on extending crucial unemployment and eviction benefits scheduled to lapse and providing more forgivable loans to small businesses. And then when a deal was finally reached, former President Donald Trump threatened to blow it up.\nAt the last minute, Trump signed the $900 billion relief package into law, averting economic disaster.\n\"Without that, we would be in a double dip recession,\" said Zandi, the Moody's economist.\nSlammed by the pandemic, the US economy limped to the end of 2020 and started this year slowly. In December, employers cut jobs in for the first time since the spring. And the United States added just 49,000 jobs in January.\nJobless claims remain alarmingly high. Another 793,000 Americans filed for first time unemployment benefits last week alone. For context, that is above the worst levels of the Great Recession.\nVaccines to the rescue\nBut there are glimmers of hope on the pandemic. Although Covid deaths remain unthinkably high, hospitalizations and cases have retreated.\nCritically, the rollout of coronavirus vaccines is accelerating. Out of a total of 66 million vaccines distributed, about 70% have been administered, according to Morgan Stanley.\nAnd Dr. Anthony Fauci, the nation's top infectious disease expert,told NBC News Thursday that the United States may be able to vaccinate most Americans by the middle or end of summer.\nAll of this has allowed states including California, New York and New Jersey to relax health restrictions crushing restaurants and other small businesses.\nThat's not to say the pandemic is over. In fact,one risk is that new Covid-19 variants force US states and cities to once again tighten health restrictions.\nLow-wage workers are still hurting badly\nAgainst this backdrop, many economists are urging Washington to push ahead with plans for aggressive fiscal stimulus.\n\"Foot flat on the accelerator, please,\" Zandi, the Moody's economist said. \"Policymaking 101 says err on the side of doing too much, rather than too little.\"\nDoing too little risks worsening America's inequality problem. That's because this recession, more than prior ones, disproportionately hurt low-income workers in hard-hit sectors such as restaurants, childcare and hospitality.\nEmployment levels of low-wage workers (those making less than $27,000 per year) is still down more than 20%, according to the Opportunity Insights Economic tracker. By contrast, employment levels of those making more than $60,000 per year are above pre-crisis levels.\n\"Biden's team is unlikely to break out the champagne over reaching full employment if it isn't evident across income and racial groups,\" economists at Bank of America wrote in a report to clients.\nHowever, Danielle DiMartino Booth, a former Fed official who is now CEO of Quill Intelligence, worries the focus on providing income, instead of investing in infrastructure and reskilling workers, will make the country addicted to stimulus.\n\"The economy is going to turn into this dependent patient, always waiting for the next injection,\" Booth said.\n'Bring it on'\nSome economists, including former Treasury Secretary Larry Summers, have warned there is a risk that Washington overheats the economy by injecting too much support.\n\"You could have quite the inflation scare in the next few months that will test the bond market and the Fed,\" Booth said.\nAnd that in turn would spook the red-hot stock market.\nFed watchers are moving up their timelines for when the central bank will be able to end its emergency policies.\nCiting \"signs of a firmer inflation outlook,\" Goldman Sachs now expects the Fed to start \"tapering\" its asset purchases in early 2022 and to raise interest rates in the first half of 2024.\nZandi isn't losing sleep over inflation, mostly because the United States is far from full employment.\n\"It's a vastly overstated worry,\" he said. \"Bring it on. Our biggest problem for more than a decade has been low inflation. Higher inflation would be a high-class problem to have.\"","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382040841,"gmtCreate":1613316309283,"gmtModify":1634553951634,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Pls like and comment. Thanks alot!&nbsp;","listText":"Pls like and comment. Thanks alot!&nbsp;","text":"Pls like and comment. Thanks alot!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/382040841","repostId":"2110904027","repostType":4,"isVote":1,"tweetType":1,"viewCount":720,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386419620,"gmtCreate":1613236456660,"gmtModify":1634554108881,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/386419620","repostId":"2110904027","repostType":4,"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386990713,"gmtCreate":1613123075332,"gmtModify":1634554447123,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3550071922488709","authorIdStr":"3550071922488709"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/386990713","repostId":"1179092967","repostType":4,"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":380737546,"gmtCreate":1612588218585,"gmtModify":1703763872154,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550071922488709","idStr":"3550071922488709"},"themes":[],"htmlText":"Please give me a like or comment back. Thank you.&nbsp;","listText":"Please give me a like or comment back. Thank you.&nbsp;","text":"Please give me a like or comment back. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/380737546","repostId":"1161551882","repostType":4,"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367266345,"gmtCreate":1614954927887,"gmtModify":1703483431565,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550071922488709","idStr":"3550071922488709"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/367266345","repostId":"1182430321","repostType":4,"isVote":1,"tweetType":1,"viewCount":2566,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382040841,"gmtCreate":1613316309283,"gmtModify":1634553951634,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550071922488709","idStr":"3550071922488709"},"themes":[],"htmlText":"Pls like and comment. Thanks alot!&nbsp;","listText":"Pls like and comment. Thanks alot!&nbsp;","text":"Pls like and comment. Thanks alot!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/382040841","repostId":"2110904027","repostType":4,"isVote":1,"tweetType":1,"viewCount":720,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389494684,"gmtCreate":1612794026448,"gmtModify":1703765108090,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550071922488709","idStr":"3550071922488709"},"themes":[],"htmlText":"I'd appreciate a like. Thank you.&nbsp;","listText":"I'd appreciate a like. Thank you.&nbsp;","text":"I'd appreciate a like. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/389494684","repostId":"1195153829","repostType":4,"repost":{"id":"1195153829","kind":"news","pubTimestamp":1612781502,"share":"https://www.laohu8.com/m/news/1195153829?lang=zh_CN&edition=full","pubTime":"2021-02-08 18:51","market":"us","language":"en","title":"Here’s What the GameStop Affair Has Taught Us<blockquote>以下是游戏驿站事件教给我们的</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1195153829","media":"Barrons","summary":"This commentary was issued recently by money managers, research firms, and market newsletter writers","content":"<p><i>This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s.</i></p><p><blockquote><i>这篇评论最近由基金经理、研究公司和市场时事通讯作者发表，并由《巴伦周刊》编辑。</i></blockquote></p><p> What GameStop Taught Us</p><p><blockquote>游戏驿站教给我们的</blockquote></p><p> <i>The Weekly Speculator</i></p><p><blockquote><i>每周投机者</i></blockquote></p><p> <i>Marketfield Asset Management</i></p><p><blockquote><i>Marketfield资产管理</i></blockquote></p><p> marketfield.com</p><p><blockquote>marketfield.com</blockquote></p><p> Feb. 4: After all is said and done, one of the most lasting effects of theGameStop(ticker: GME) episode will be to educate many market participants about the key role and ultimate power held by the clearing institution, the Depository Trust Company. One of the stranger aspects of the affair has been the attempt to paint it as some form of moral crusade, or an opportunity for the “little guy” to get even with Wall Street. The truth is that some large investors lost a great deal of money, while others were well rewarded, just as some small investors will have reaped life-changing sums while others will have lost funds that may prove to be equally impactful. In this sense, the market is a meritocracy, which isn’t quite the same as saying that it is always fair in delivering outcomes.</p><p><blockquote>2月4日：总而言之，GameStop（股票代码：GME）事件最持久的影响之一将是让许多市场参与者了解清算机构存款信托公司所扮演的关键角色和最终权力。这件事更奇怪的一面是，有人试图将其描绘成某种形式的道德讨伐，或者是“小人物”报复华尔街的机会。事实是，一些大投资者损失了大量资金，而另一些投资者则获得了丰厚的回报，就像一些小投资者将获得改变生活的资金，而另一些投资者将损失可能同样具有影响力的资金一样。从这个意义上说，市场是一个精英统治，这并不等同于说它在提供结果方面总是公平的。</blockquote></p><p> What is also clear is that late January saw a very significant degrossing of levered hedge-fund investors, without causing a deep correction in the equity market. The S&amp;P 500 essentially respected support at the 50-day moving average, and didn’t need to move down to 3600, which we had set as a “worst case” target. The Nasdaq 100, Russell 2000, and MSCI Emerging Markets Index didn’t need to touch their corresponding trend support, and all three indexes managed to generate a positive return in January, unlike the S&amp;P 500, which registered a small loss. The subsequent bounce has been rapid and broad, as would be expected from a catalyst that was both technical and ephemeral in nature.</p><p><blockquote>同样清楚的是，1月下旬，杠杆对冲基金投资者的资金大幅减少，但并未导致股市大幅调整。标普500基本上尊重50日均线的支撑，不需要跌至我们设定的“最坏情况”目标3600点。纳斯达克100指数、Russell 2000指数和MSCI新兴市场指数不需要触及相应的趋势支撑，这三个指数在1月份都成功产生了正回报，不像标普500出现了小幅亏损。随后的反弹迅速而广泛，正如技术性和短暂性催化剂所预期的那样。</blockquote></p><p> That it is not a wholly positive or inconsequential affair. The long bull market is now showing signs of developing into a historic mania. This doesn’t mean that a market peak is imminent, but the normative process—whereby what is “appropriate” is ultimately influenced by extremes—means that the levels of risk being taken by the average investor are probably significantly higher than they were pre-Covid.</p><p><blockquote>这不是一件完全积极或无关紧要的事情。漫长的牛市现在有发展成历史性狂热的迹象。这并不意味着市场峰值即将到来，但规范过程——什么是“适当的”最终会受到极端情况的影响——意味着普通投资者承担的风险水平可能明显高于Covid之前。</blockquote></p><p> —Michael Shaoul, Timothy Brackett</p><p><blockquote>——迈克尔·绍尔、蒂莫西·布莱凯特</blockquote></p><p> Heigh-Ho Silver!</p><p><blockquote>嗨-嗬银！</blockquote></p><p> <i>The Aden Forecast Weekly Update</i></p><p><blockquote><i>亚丁天气预报每周更新</i></blockquote></p><p> <i>The Aden Forecast</i></p><p><blockquote><i>亚丁天气预报</i></blockquote></p><p> adenforecast.com</p><p><blockquote>adenforecast.com</blockquote></p><p> Feb. 4: Silver caught on fire by zipping up to the August highs near $30 on Monday during the Reddit buying frenzy. Silver was strong anyway, and it’s been holding up well, so whoever pegged silver knew what they were doing. Silver shares also got a big boost upward, and while they have since calmed down, it looks like volatility will stay with us. Silver has been holding above its 15-week moving average since December, and it’ll remain strong by staying above it at $25. The next milestone to surpass is the $30 level, the highs for this bull market. If clearly broken, another leg up will be underway. Keep your silver and silver share positions.</p><p><blockquote>2月4日：周一，在Reddit的购买狂潮中，白银飙升至接近30美元的8月份高点。无论如何，白银都很坚挺，而且一直保持良好，所以无论谁盯住白银，都知道他们在做什么。白银股也大幅上涨，虽然此后有所平静，但波动性似乎仍将持续。自12月以来，白银一直保持在15周移动平均线上方，并将保持在25美元上方。下一个要超越的里程碑是30美元水平，这是本轮牛市的高点。如果明显被打破，另一条腿将会上升。保持你的白银和白银份额头寸。</blockquote></p><p> —Mary Anne and Pamela Aden</p><p><blockquote>——玛丽·安妮和帕梅拉·亚丁</blockquote></p><p> How to Play Oil’s Recent Rally</p><p><blockquote>如何玩转石油近期的反弹</blockquote></p><p> <i>Daily Insights</i></p><p><blockquote><i>每日洞察</i></blockquote></p><p> <i>BCA Research</i></p><p><blockquote><i>BCA研究</i></blockquote></p><p> <i>bcaresearch.com</i></p><p><blockquote><i>bcaresearch.com</i></blockquote></p><p> Feb 4: The recent oil rally will have consequences for asset prices beyond the energy market. While higher oil prices benefit oil exporters, they hurt the economies of oil importers, often with a lag.</p><p><blockquote>2月4日：最近的油价上涨将对能源市场以外的资产价格产生影响。虽然油价上涨有利于石油出口国，但也损害了石油进口国的经济，而且往往有滞后性。</blockquote></p><p> A great example of these dynamics is China. The Chinese economy is a large oil importer; hence, rising oil prices act as a tax on Chinese growth. Moreover, Chinese A shares massively overweight tech stocks, which receive no benefit from higher energy prices. In fact, over the past four years, increasing Brent prices reliably lead to a decline in on-shore domestic markets by roughly three months. The current setup is reminiscent of early 2018. Back then, Chinese A shares had been rallying for a few months after oil prices had started to rally. Ultimately, a deceleration in Chinese growth and cautious policy making from Beijing resulted in a powerful selloff of Chinese equities. Today, Chinese growth is once again decelerating and Beijing is conducting some significant regulatory tightening, while the People’s Bank of China is draining liquidity. Thus, a significant correction in Chinese shares is likely this spring.</p><p><blockquote>这些动态的一个很好的例子是中国。中国经济是石油进口大国；因此，油价上涨是对中国经济增长的一种征税。此外，中国A股大量持有跑赢大盘科技股，这些股没有从能源价格上涨中受益。事实上，在过去四年中，布伦特原油价格上涨确实会导致国内市场在岸价格下跌约三个月。目前的设置让人想起2018年初。当时，在油价开始上涨后，中国A股已经上涨了几个月。最终，中国经济增长放缓和北京谨慎的政策制定导致了中国股市的大幅抛售。如今，中国经济增长再次减速，北京正在进行一些重大监管收紧，而中国人民银行正在抽干流动性。因此，今年春天中国股市可能会出现大幅调整。</blockquote></p><p> A lower-octane strategy to play these dynamics is to go long United Kingdom equities relative to Germany’s while espousing the implicit currency exposure. German equities are extremely underweight energy, and Germany imports its entire oil consumption. Meanwhile, the U.K. benchmark is replete with energy stocks and the U.K. remains an oil producer, even if it imports some of its oil (rising Brent represents a comparatively smaller tax on the U.K. economy). As a side benefit, the pound is very cheap against the euro and the U.K.’s vaccination campaign is massively ahead of the eurozone’s, which could result in earlier economic dividends north of the Channel and hurt the euro/pound in the process.</p><p><blockquote>利用这些动态的低辛烷值策略是相对于德国股市做多英国股市，同时支持隐性货币敞口。德国股票非常跑输大盘能源，德国的石油消费全部进口。与此同时，英国基准充满了能源股，英国仍然是石油生产国，即使它进口部分石油（布伦特原油价格上涨对英国经济的税收相对较小）。作为一个附带好处，英镑兑欧元非常便宜，而且英国的疫苗接种活动远远领先于欧元区，这可能会导致英吉利海峡以北更早的经济红利，并在此过程中损害欧元/英镑。</blockquote></p><p></p><p> —Mathieu Savary and Team</p><p><blockquote>——Mathieu Savary和团队</blockquote></p><p> High-Yield Opportunities</p><p><blockquote>高收益机会</blockquote></p><p> <i>Carret Credit Insight</i></p><p><blockquote><i>Carret信用洞察</i></blockquote></p><p> <i>Carret Asset Mangaement</i></p><p><blockquote><i>Carret资产管理</i></blockquote></p><p> carret.com</p><p><blockquote>carret.com</blockquote></p><p> Feb. 3: At year-end 2020, the iBoxx High-Yield Index yielded 4.23%, an all-time low. Spreads also registered record tightness. Low yields aren’t a surprise as investors globally reach for income. The Federal Reserve has backstopped the “fallen angels,” allowing many high-yield (HY) companies to refinance at ever-lower rates and extend upcoming maturities for another day. Strong equity markets are forecasting an earnings rebound, and the vaccines will bring brighter days soon. We continue to find attractive values in the short/intermediate portion of the high-quality HY market.</p><p><blockquote>2月3日：2020年底，iBoxx高收益指数收益率为4.23%，创历史新低。利差也创下历史新高。随着全球投资者寻求收入，低收益率并不令人意外。美联储支持“堕落天使”，允许许多高收益（HY）公司以更低的利率进行再融资，并将即将到期的期限延长一天。强劲的股市预测盈利将反弹，疫苗将很快带来光明的日子。我们继续在高质量HY市场的短期/中期部分发现有吸引力的价值。</blockquote></p><p> We want to share a recent academic study with you regarding the risk and returns in the HY bond market: George Mason Universityrecently publisheda report on HY bond-fund returns and volatility relative to equities (S&amp;P 500). Since 1990, the average HY bond fund has delivered average annualized returns of 7.1% with a volatility of 7.7%. Over the same time period, the S&amp;P 500 delivered an average annualized return of 7.8%, but with almost double the volatility of 14.5%. The conclusion: HY bonds have paid total returns near those of the U.S. stock market with half of the volatility. We believe the HY market will offer competitive returns in the decade ahead, as equity valuations have risen and Treasury yields have plummeted. Our ability to utilize busted convertibles, preferreds, and special-situation income investments enhances our cash-flow opportunities.</p><p><blockquote>我们想与您分享一项关于HY债券市场风险和回报的最新学术研究：George Mason University最近发布了一份关于HY债券基金回报和相对于股票波动性的报告（标普500）。自1990年以来，HY债券基金的平均年化回报率为7.1%，波动率为7.7%。同期，标普500的平均年化回报率为7.8%，但波动性几乎是14.5%的两倍。结论是：HY债券的总回报接近美国股市，而波动性只有美国股市的一半。我们相信，随着股票估值上升和国债收益率暴跌，HY市场将在未来十年提供有竞争力的回报。我们利用破产的可转换债券、优先股和特殊情况收入投资的能力增强了我们的现金流机会。</blockquote></p><p> —Jason R. Graybill, Neil D. Klein</p><p><blockquote>——杰森·R·格雷比尔、尼尔·D·克莱因</blockquote></p><p> Emerging Markets Blast Off</p><p><blockquote>新兴市场起飞</blockquote></p><p> <i>PCM Report</i></p><p><blockquote><i>PCM报告</i></blockquote></p><p> <i>Peak Capital Management</i></p><p><blockquote><i>匹克资本管理</i></blockquote></p><p> pcmstrategies.com</p><p><blockquote>pcmstrategies.com</blockquote></p><p> Feb. 1: So far, 2021 has been a good year for emerging-market equities. Year to date, theiShares MSCI Emerging Marketsexchange-traded fund (EEM) is higher by roughly 8%, compared to a gain of approximately 3% for theSPDR S&amp;P 500ETF (SPY). Ever since the financial crisis of 2008, emerging markets collectively have woefully lagged U.S. equities.</p><p><blockquote>2月1日：到目前为止，2021年对新兴市场股市来说是好年景。今年迄今为止，iShares MSCI新兴市场交易所交易基金(EEM)上涨了约8%，而SPDR S&amp;P 500ETF（SPDR标普500指数ETF）的涨幅约为3%。自2008年金融危机以来，新兴市场整体表现严重落后于美国股市。</blockquote></p><p> What could propel the asset class higher in 20201 and beyond? In the long term, the likely catalyst is demographics. Developed markets such as the U.S. and Europe have aging populations, which could suggest lower productivity and gross-domestic-product growth over the next decade compared to emerging-market economies.</p><p><blockquote>什么可以推动该资产类别在20201年及以后走高？从长远来看，可能的催化剂是人口统计。美国和欧洲等发达市场人口老龄化，这可能意味着与新兴市场经济体相比，未来十年的生产率和国内生产总值增长可能会较低。</blockquote></p><p> In its most recent capital-markets report, JPMorgan projected GDP growth across emerging markets to be 3.9% in 2021, compared to 1.6% across developed markets. The report suggests China and India will drive GDP growth, and emerging markets’ productivity and human capital will gradually converge to developed-market levels.</p><p><blockquote>摩根大通在其最新的资本市场报告中预计，2021年新兴市场的GDP增长率为3.9%，而发达市场为1.6%。报告显示，中国和印度将推动GDP增长，新兴市场的生产率和人力资本将逐渐向发达市场水平趋同。</blockquote></p><p> —Clint Pekrul</p><p><blockquote>-克林特·佩克鲁尔</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here’s What the GameStop Affair Has Taught Us<blockquote>以下是游戏驿站事件教给我们的</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nHere’s What the GameStop Affair Has Taught Us<blockquote>以下是游戏驿站事件教给我们的</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-08 18:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s.</i></p><p><blockquote><i>这篇评论最近由基金经理、研究公司和市场时事通讯作者发表，并由《巴伦周刊》编辑。</i></blockquote></p><p> What GameStop Taught Us</p><p><blockquote>游戏驿站教给我们的</blockquote></p><p> <i>The Weekly Speculator</i></p><p><blockquote><i>每周投机者</i></blockquote></p><p> <i>Marketfield Asset Management</i></p><p><blockquote><i>Marketfield资产管理</i></blockquote></p><p> marketfield.com</p><p><blockquote>marketfield.com</blockquote></p><p> Feb. 4: After all is said and done, one of the most lasting effects of theGameStop(ticker: GME) episode will be to educate many market participants about the key role and ultimate power held by the clearing institution, the Depository Trust Company. One of the stranger aspects of the affair has been the attempt to paint it as some form of moral crusade, or an opportunity for the “little guy” to get even with Wall Street. The truth is that some large investors lost a great deal of money, while others were well rewarded, just as some small investors will have reaped life-changing sums while others will have lost funds that may prove to be equally impactful. In this sense, the market is a meritocracy, which isn’t quite the same as saying that it is always fair in delivering outcomes.</p><p><blockquote>2月4日：总而言之，GameStop（股票代码：GME）事件最持久的影响之一将是让许多市场参与者了解清算机构存款信托公司所扮演的关键角色和最终权力。这件事更奇怪的一面是，有人试图将其描绘成某种形式的道德讨伐，或者是“小人物”报复华尔街的机会。事实是，一些大投资者损失了大量资金，而另一些投资者则获得了丰厚的回报，就像一些小投资者将获得改变生活的资金，而另一些投资者将损失可能同样具有影响力的资金一样。从这个意义上说，市场是一个精英统治，这并不等同于说它在提供结果方面总是公平的。</blockquote></p><p> What is also clear is that late January saw a very significant degrossing of levered hedge-fund investors, without causing a deep correction in the equity market. The S&amp;P 500 essentially respected support at the 50-day moving average, and didn’t need to move down to 3600, which we had set as a “worst case” target. The Nasdaq 100, Russell 2000, and MSCI Emerging Markets Index didn’t need to touch their corresponding trend support, and all three indexes managed to generate a positive return in January, unlike the S&amp;P 500, which registered a small loss. The subsequent bounce has been rapid and broad, as would be expected from a catalyst that was both technical and ephemeral in nature.</p><p><blockquote>同样清楚的是，1月下旬，杠杆对冲基金投资者的资金大幅减少，但并未导致股市大幅调整。标普500基本上尊重50日均线的支撑，不需要跌至我们设定的“最坏情况”目标3600点。纳斯达克100指数、Russell 2000指数和MSCI新兴市场指数不需要触及相应的趋势支撑，这三个指数在1月份都成功产生了正回报，不像标普500出现了小幅亏损。随后的反弹迅速而广泛，正如技术性和短暂性催化剂所预期的那样。</blockquote></p><p> That it is not a wholly positive or inconsequential affair. The long bull market is now showing signs of developing into a historic mania. This doesn’t mean that a market peak is imminent, but the normative process—whereby what is “appropriate” is ultimately influenced by extremes—means that the levels of risk being taken by the average investor are probably significantly higher than they were pre-Covid.</p><p><blockquote>这不是一件完全积极或无关紧要的事情。漫长的牛市现在有发展成历史性狂热的迹象。这并不意味着市场峰值即将到来，但规范过程——什么是“适当的”最终会受到极端情况的影响——意味着普通投资者承担的风险水平可能明显高于Covid之前。</blockquote></p><p> —Michael Shaoul, Timothy Brackett</p><p><blockquote>——迈克尔·绍尔、蒂莫西·布莱凯特</blockquote></p><p> Heigh-Ho Silver!</p><p><blockquote>嗨-嗬银！</blockquote></p><p> <i>The Aden Forecast Weekly Update</i></p><p><blockquote><i>亚丁天气预报每周更新</i></blockquote></p><p> <i>The Aden Forecast</i></p><p><blockquote><i>亚丁天气预报</i></blockquote></p><p> adenforecast.com</p><p><blockquote>adenforecast.com</blockquote></p><p> Feb. 4: Silver caught on fire by zipping up to the August highs near $30 on Monday during the Reddit buying frenzy. Silver was strong anyway, and it’s been holding up well, so whoever pegged silver knew what they were doing. Silver shares also got a big boost upward, and while they have since calmed down, it looks like volatility will stay with us. Silver has been holding above its 15-week moving average since December, and it’ll remain strong by staying above it at $25. The next milestone to surpass is the $30 level, the highs for this bull market. If clearly broken, another leg up will be underway. Keep your silver and silver share positions.</p><p><blockquote>2月4日：周一，在Reddit的购买狂潮中，白银飙升至接近30美元的8月份高点。无论如何，白银都很坚挺，而且一直保持良好，所以无论谁盯住白银，都知道他们在做什么。白银股也大幅上涨，虽然此后有所平静，但波动性似乎仍将持续。自12月以来，白银一直保持在15周移动平均线上方，并将保持在25美元上方。下一个要超越的里程碑是30美元水平，这是本轮牛市的高点。如果明显被打破，另一条腿将会上升。保持你的白银和白银份额头寸。</blockquote></p><p> —Mary Anne and Pamela Aden</p><p><blockquote>——玛丽·安妮和帕梅拉·亚丁</blockquote></p><p> How to Play Oil’s Recent Rally</p><p><blockquote>如何玩转石油近期的反弹</blockquote></p><p> <i>Daily Insights</i></p><p><blockquote><i>每日洞察</i></blockquote></p><p> <i>BCA Research</i></p><p><blockquote><i>BCA研究</i></blockquote></p><p> <i>bcaresearch.com</i></p><p><blockquote><i>bcaresearch.com</i></blockquote></p><p> Feb 4: The recent oil rally will have consequences for asset prices beyond the energy market. While higher oil prices benefit oil exporters, they hurt the economies of oil importers, often with a lag.</p><p><blockquote>2月4日：最近的油价上涨将对能源市场以外的资产价格产生影响。虽然油价上涨有利于石油出口国，但也损害了石油进口国的经济，而且往往有滞后性。</blockquote></p><p> A great example of these dynamics is China. The Chinese economy is a large oil importer; hence, rising oil prices act as a tax on Chinese growth. Moreover, Chinese A shares massively overweight tech stocks, which receive no benefit from higher energy prices. In fact, over the past four years, increasing Brent prices reliably lead to a decline in on-shore domestic markets by roughly three months. The current setup is reminiscent of early 2018. Back then, Chinese A shares had been rallying for a few months after oil prices had started to rally. Ultimately, a deceleration in Chinese growth and cautious policy making from Beijing resulted in a powerful selloff of Chinese equities. Today, Chinese growth is once again decelerating and Beijing is conducting some significant regulatory tightening, while the People’s Bank of China is draining liquidity. Thus, a significant correction in Chinese shares is likely this spring.</p><p><blockquote>这些动态的一个很好的例子是中国。中国经济是石油进口大国；因此，油价上涨是对中国经济增长的一种征税。此外，中国A股大量持有跑赢大盘科技股，这些股没有从能源价格上涨中受益。事实上，在过去四年中，布伦特原油价格上涨确实会导致国内市场在岸价格下跌约三个月。目前的设置让人想起2018年初。当时，在油价开始上涨后，中国A股已经上涨了几个月。最终，中国经济增长放缓和北京谨慎的政策制定导致了中国股市的大幅抛售。如今，中国经济增长再次减速，北京正在进行一些重大监管收紧，而中国人民银行正在抽干流动性。因此，今年春天中国股市可能会出现大幅调整。</blockquote></p><p> A lower-octane strategy to play these dynamics is to go long United Kingdom equities relative to Germany’s while espousing the implicit currency exposure. German equities are extremely underweight energy, and Germany imports its entire oil consumption. Meanwhile, the U.K. benchmark is replete with energy stocks and the U.K. remains an oil producer, even if it imports some of its oil (rising Brent represents a comparatively smaller tax on the U.K. economy). As a side benefit, the pound is very cheap against the euro and the U.K.’s vaccination campaign is massively ahead of the eurozone’s, which could result in earlier economic dividends north of the Channel and hurt the euro/pound in the process.</p><p><blockquote>利用这些动态的低辛烷值策略是相对于德国股市做多英国股市，同时支持隐性货币敞口。德国股票非常跑输大盘能源，德国的石油消费全部进口。与此同时，英国基准充满了能源股，英国仍然是石油生产国，即使它进口部分石油（布伦特原油价格上涨对英国经济的税收相对较小）。作为一个附带好处，英镑兑欧元非常便宜，而且英国的疫苗接种活动远远领先于欧元区，这可能会导致英吉利海峡以北更早的经济红利，并在此过程中损害欧元/英镑。</blockquote></p><p></p><p> —Mathieu Savary and Team</p><p><blockquote>——Mathieu Savary和团队</blockquote></p><p> High-Yield Opportunities</p><p><blockquote>高收益机会</blockquote></p><p> <i>Carret Credit Insight</i></p><p><blockquote><i>Carret信用洞察</i></blockquote></p><p> <i>Carret Asset Mangaement</i></p><p><blockquote><i>Carret资产管理</i></blockquote></p><p> carret.com</p><p><blockquote>carret.com</blockquote></p><p> Feb. 3: At year-end 2020, the iBoxx High-Yield Index yielded 4.23%, an all-time low. Spreads also registered record tightness. Low yields aren’t a surprise as investors globally reach for income. The Federal Reserve has backstopped the “fallen angels,” allowing many high-yield (HY) companies to refinance at ever-lower rates and extend upcoming maturities for another day. Strong equity markets are forecasting an earnings rebound, and the vaccines will bring brighter days soon. We continue to find attractive values in the short/intermediate portion of the high-quality HY market.</p><p><blockquote>2月3日：2020年底，iBoxx高收益指数收益率为4.23%，创历史新低。利差也创下历史新高。随着全球投资者寻求收入，低收益率并不令人意外。美联储支持“堕落天使”，允许许多高收益（HY）公司以更低的利率进行再融资，并将即将到期的期限延长一天。强劲的股市预测盈利将反弹，疫苗将很快带来光明的日子。我们继续在高质量HY市场的短期/中期部分发现有吸引力的价值。</blockquote></p><p> We want to share a recent academic study with you regarding the risk and returns in the HY bond market: George Mason Universityrecently publisheda report on HY bond-fund returns and volatility relative to equities (S&amp;P 500). Since 1990, the average HY bond fund has delivered average annualized returns of 7.1% with a volatility of 7.7%. Over the same time period, the S&amp;P 500 delivered an average annualized return of 7.8%, but with almost double the volatility of 14.5%. The conclusion: HY bonds have paid total returns near those of the U.S. stock market with half of the volatility. We believe the HY market will offer competitive returns in the decade ahead, as equity valuations have risen and Treasury yields have plummeted. Our ability to utilize busted convertibles, preferreds, and special-situation income investments enhances our cash-flow opportunities.</p><p><blockquote>我们想与您分享一项关于HY债券市场风险和回报的最新学术研究：George Mason University最近发布了一份关于HY债券基金回报和相对于股票波动性的报告（标普500）。自1990年以来，HY债券基金的平均年化回报率为7.1%，波动率为7.7%。同期，标普500的平均年化回报率为7.8%，但波动性几乎是14.5%的两倍。结论是：HY债券的总回报接近美国股市，而波动性只有美国股市的一半。我们相信，随着股票估值上升和国债收益率暴跌，HY市场将在未来十年提供有竞争力的回报。我们利用破产的可转换债券、优先股和特殊情况收入投资的能力增强了我们的现金流机会。</blockquote></p><p> —Jason R. Graybill, Neil D. Klein</p><p><blockquote>——杰森·R·格雷比尔、尼尔·D·克莱因</blockquote></p><p> Emerging Markets Blast Off</p><p><blockquote>新兴市场起飞</blockquote></p><p> <i>PCM Report</i></p><p><blockquote><i>PCM报告</i></blockquote></p><p> <i>Peak Capital Management</i></p><p><blockquote><i>匹克资本管理</i></blockquote></p><p> pcmstrategies.com</p><p><blockquote>pcmstrategies.com</blockquote></p><p> Feb. 1: So far, 2021 has been a good year for emerging-market equities. Year to date, theiShares MSCI Emerging Marketsexchange-traded fund (EEM) is higher by roughly 8%, compared to a gain of approximately 3% for theSPDR S&amp;P 500ETF (SPY). Ever since the financial crisis of 2008, emerging markets collectively have woefully lagged U.S. equities.</p><p><blockquote>2月1日：到目前为止，2021年对新兴市场股市来说是好年景。今年迄今为止，iShares MSCI新兴市场交易所交易基金(EEM)上涨了约8%，而SPDR S&amp;P 500ETF（SPDR标普500指数ETF）的涨幅约为3%。自2008年金融危机以来，新兴市场整体表现严重落后于美国股市。</blockquote></p><p> What could propel the asset class higher in 20201 and beyond? In the long term, the likely catalyst is demographics. Developed markets such as the U.S. and Europe have aging populations, which could suggest lower productivity and gross-domestic-product growth over the next decade compared to emerging-market economies.</p><p><blockquote>什么可以推动该资产类别在20201年及以后走高？从长远来看，可能的催化剂是人口统计。美国和欧洲等发达市场人口老龄化，这可能意味着与新兴市场经济体相比，未来十年的生产率和国内生产总值增长可能会较低。</blockquote></p><p> In its most recent capital-markets report, JPMorgan projected GDP growth across emerging markets to be 3.9% in 2021, compared to 1.6% across developed markets. The report suggests China and India will drive GDP growth, and emerging markets’ productivity and human capital will gradually converge to developed-market levels.</p><p><blockquote>摩根大通在其最新的资本市场报告中预计，2021年新兴市场的GDP增长率为3.9%，而发达市场为1.6%。报告显示，中国和印度将推动GDP增长，新兴市场的生产率和人力资本将逐渐向发达市场水平趋同。</blockquote></p><p> —Clint Pekrul</p><p><blockquote>-克林特·佩克鲁尔</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/gamestop-episode-offers-lessons-for-investors-51612572300?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","GME":"游戏驿站",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/gamestop-episode-offers-lessons-for-investors-51612572300?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195153829","content_text":"This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s.\nWhat GameStop Taught Us\nThe Weekly Speculator\nMarketfield Asset Management\nmarketfield.com\nFeb. 4: After all is said and done, one of the most lasting effects of theGameStop(ticker: GME) episode will be to educate many market participants about the key role and ultimate power held by the clearing institution, the Depository Trust Company. One of the stranger aspects of the affair has been the attempt to paint it as some form of moral crusade, or an opportunity for the “little guy” to get even with Wall Street. The truth is that some large investors lost a great deal of money, while others were well rewarded, just as some small investors will have reaped life-changing sums while others will have lost funds that may prove to be equally impactful. In this sense, the market is a meritocracy, which isn’t quite the same as saying that it is always fair in delivering outcomes.\nWhat is also clear is that late January saw a very significant degrossing of levered hedge-fund investors, without causing a deep correction in the equity market. The S&P 500 essentially respected support at the 50-day moving average, and didn’t need to move down to 3600, which we had set as a “worst case” target. The Nasdaq 100, Russell 2000, and MSCI Emerging Markets Index didn’t need to touch their corresponding trend support, and all three indexes managed to generate a positive return in January, unlike the S&P 500, which registered a small loss. The subsequent bounce has been rapid and broad, as would be expected from a catalyst that was both technical and ephemeral in nature.\nThat it is not a wholly positive or inconsequential affair. The long bull market is now showing signs of developing into a historic mania. This doesn’t mean that a market peak is imminent, but the normative process—whereby what is “appropriate” is ultimately influenced by extremes—means that the levels of risk being taken by the average investor are probably significantly higher than they were pre-Covid.\n—Michael Shaoul, Timothy Brackett\nHeigh-Ho Silver!\nThe Aden Forecast Weekly Update\nThe Aden Forecast\nadenforecast.com\nFeb. 4: Silver caught on fire by zipping up to the August highs near $30 on Monday during the Reddit buying frenzy. Silver was strong anyway, and it’s been holding up well, so whoever pegged silver knew what they were doing. Silver shares also got a big boost upward, and while they have since calmed down, it looks like volatility will stay with us. Silver has been holding above its 15-week moving average since December, and it’ll remain strong by staying above it at $25. The next milestone to surpass is the $30 level, the highs for this bull market. If clearly broken, another leg up will be underway. Keep your silver and silver share positions.\n—Mary Anne and Pamela Aden\nHow to Play Oil’s Recent Rally\nDaily Insights\nBCA Research\nbcaresearch.com\nFeb 4: The recent oil rally will have consequences for asset prices beyond the energy market. While higher oil prices benefit oil exporters, they hurt the economies of oil importers, often with a lag.\nA great example of these dynamics is China. The Chinese economy is a large oil importer; hence, rising oil prices act as a tax on Chinese growth. Moreover, Chinese A shares massively overweight tech stocks, which receive no benefit from higher energy prices. In fact, over the past four years, increasing Brent prices reliably lead to a decline in on-shore domestic markets by roughly three months. The current setup is reminiscent of early 2018. Back then, Chinese A shares had been rallying for a few months after oil prices had started to rally. Ultimately, a deceleration in Chinese growth and cautious policy making from Beijing resulted in a powerful selloff of Chinese equities. Today, Chinese growth is once again decelerating and Beijing is conducting some significant regulatory tightening, while the People’s Bank of China is draining liquidity. Thus, a significant correction in Chinese shares is likely this spring.\nA lower-octane strategy to play these dynamics is to go long United Kingdom equities relative to Germany’s while espousing the implicit currency exposure. German equities are extremely underweight energy, and Germany imports its entire oil consumption. Meanwhile, the U.K. benchmark is replete with energy stocks and the U.K. remains an oil producer, even if it imports some of its oil (rising Brent represents a comparatively smaller tax on the U.K. economy). As a side benefit, the pound is very cheap against the euro and the U.K.’s vaccination campaign is massively ahead of the eurozone’s, which could result in earlier economic dividends north of the Channel and hurt the euro/pound in the process.\n—Mathieu Savary and Team\nHigh-Yield Opportunities\nCarret Credit Insight\nCarret Asset Mangaement\ncarret.com\nFeb. 3: At year-end 2020, the iBoxx High-Yield Index yielded 4.23%, an all-time low. Spreads also registered record tightness. Low yields aren’t a surprise as investors globally reach for income. The Federal Reserve has backstopped the “fallen angels,” allowing many high-yield (HY) companies to refinance at ever-lower rates and extend upcoming maturities for another day. Strong equity markets are forecasting an earnings rebound, and the vaccines will bring brighter days soon. We continue to find attractive values in the short/intermediate portion of the high-quality HY market.\nWe want to share a recent academic study with you regarding the risk and returns in the HY bond market: George Mason Universityrecently publisheda report on HY bond-fund returns and volatility relative to equities (S&P 500). Since 1990, the average HY bond fund has delivered average annualized returns of 7.1% with a volatility of 7.7%. Over the same time period, the S&P 500 delivered an average annualized return of 7.8%, but with almost double the volatility of 14.5%. The conclusion: HY bonds have paid total returns near those of the U.S. stock market with half of the volatility. We believe the HY market will offer competitive returns in the decade ahead, as equity valuations have risen and Treasury yields have plummeted. Our ability to utilize busted convertibles, preferreds, and special-situation income investments enhances our cash-flow opportunities.\n—Jason R. Graybill, Neil D. Klein\nEmerging Markets Blast Off\nPCM Report\nPeak Capital Management\npcmstrategies.com\nFeb. 1: So far, 2021 has been a good year for emerging-market equities. Year to date, theiShares MSCI Emerging Marketsexchange-traded fund (EEM) is higher by roughly 8%, compared to a gain of approximately 3% for theSPDR S&P 500ETF (SPY). Ever since the financial crisis of 2008, emerging markets collectively have woefully lagged U.S. equities.\nWhat could propel the asset class higher in 20201 and beyond? In the long term, the likely catalyst is demographics. Developed markets such as the U.S. and Europe have aging populations, which could suggest lower productivity and gross-domestic-product growth over the next decade compared to emerging-market economies.\nIn its most recent capital-markets report, JPMorgan projected GDP growth across emerging markets to be 3.9% in 2021, compared to 1.6% across developed markets. The report suggests China and India will drive GDP growth, and emerging markets’ productivity and human capital will gradually converge to developed-market levels.\n—Clint Pekrul","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"GME":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":317705366,"gmtCreate":1612482867755,"gmtModify":1703762465756,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550071922488709","idStr":"3550071922488709"},"themes":[],"htmlText":"Give me a like pls. Thanks!&nbsp;","listText":"Give me a like pls. Thanks!&nbsp;","text":"Give me a like pls. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/317705366","repostId":"1162866028","repostType":4,"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320532653,"gmtCreate":1615139121772,"gmtModify":1703484939181,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550071922488709","idStr":"3550071922488709"},"themes":[],"htmlText":"Now is the time to buy. Please comment. Thanks!&nbsp;","listText":"Now is the time to buy. Please comment. Thanks!&nbsp;","text":"Now is the time to buy. Please comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/320532653","repostId":"1169596583","repostType":4,"repost":{"id":"1169596583","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614958557,"share":"https://www.laohu8.com/m/news/1169596583?lang=zh_CN&edition=full","pubTime":"2021-03-05 23:35","market":"us","language":"en","title":"Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169596583","media":"老虎资讯综合","summary":"(March 5)&nbsp;Palantir plunged more than 13%.","content":"<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><blockquote>（3月5日）Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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Thanks alot&nbsp;","listText":"Please give me a like. Thanks alot&nbsp;","text":"Please give me a like. Thanks alot","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/381073262","repostId":"1176373590","repostType":4,"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383241237,"gmtCreate":1612882566829,"gmtModify":1703766300302,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550071922488709","idStr":"3550071922488709"},"themes":[],"htmlText":"Please give me a like. Thanks alot!&nbsp;","listText":"Please give me a like. Thanks alot!&nbsp;","text":"Please give me a like. Thanks alot!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/383241237","repostId":"1176373590","repostType":4,"isVote":1,"tweetType":1,"viewCount":614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366876011,"gmtCreate":1614454922233,"gmtModify":1703477609855,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550071922488709","idStr":"3550071922488709"},"themes":[],"htmlText":"Pls like and comment. Thanks","listText":"Pls like and comment. Thanks","text":"Pls like and comment. 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possible?&nbsp;","listText":"Sounds possible?&nbsp;","text":"Sounds possible?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/326989304","repostId":"2118935050","repostType":4,"isVote":1,"tweetType":1,"viewCount":4499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364027475,"gmtCreate":1614786440197,"gmtModify":1703481201871,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550071922488709","idStr":"3550071922488709"},"themes":[],"htmlText":"But buy&nbsp;","listText":"But buy&nbsp;","text":"But buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364027475","repostId":"1102082323","repostType":4,"isVote":1,"tweetType":1,"viewCount":3855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325466116,"gmtCreate":1615915431835,"gmtModify":1703495050035,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550071922488709","idStr":"3550071922488709"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325466116","repostId":"1115937529","repostType":4,"isVote":1,"tweetType":1,"viewCount":3318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323310692,"gmtCreate":1615302911916,"gmtModify":1703487080200,"author":{"id":"3550071922488709","authorId":"3550071922488709","name":"Fristene","avatar":"https://static.tigerbbs.com/19d0585cf8923b6d2dfe6a3de197941c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3550071922488709","idStr":"3550071922488709"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/323310692","repostId":"1153054606","repostType":4,"repost":{"id":"1153054606","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615302535,"share":"https://www.laohu8.com/m/news/1153054606?lang=zh_CN&edition=full","pubTime":"2021-03-09 23:08","market":"us","language":"en","title":"Baidu's rise expanded to 10%<blockquote>百度涨幅扩大至10%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153054606","media":"老虎资讯综合","summary":"Baidu's rise expanded to 10% in Tuesday morning trading.Hong Kong Stock Exchange Filing Shows: :Baid","content":"<p>Baidu's rise expanded to 10%&nbsp;in Tuesday morning trading.Hong Kong Stock Exchange Filing Shows: :Baidu Ipo Passes Hong Kong Stock Exchange Listing Hearing.</p><p><blockquote>周二早盘，百度涨幅扩大至10%。港交所文件显示：：百度Ipo通过港交所上市聆讯。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/46b53518801843754c7156b0db74a7e9\" tg-width=\"840\" tg-height=\"470\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baidu's rise expanded to 10%<blockquote>百度涨幅扩大至10%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nBaidu's rise expanded to 10%<blockquote>百度涨幅扩大至10%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-09 23:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Baidu's rise expanded to 10%&nbsp;in Tuesday morning trading.Hong Kong Stock Exchange Filing Shows: :Baidu Ipo Passes Hong Kong Stock Exchange Listing Hearing.</p><p><blockquote>周二早盘，百度涨幅扩大至10%。港交所文件显示：：百度Ipo通过港交所上市聆讯。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/46b53518801843754c7156b0db74a7e9\" tg-width=\"840\" tg-height=\"470\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153054606","content_text":"Baidu's rise expanded to 10% in Tuesday morning trading.Hong Kong Stock Exchange Filing Shows: :Baidu Ipo Passes Hong Kong Stock Exchange Listing 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