torrentialT的个人主页 - 老虎社区

torrentialT

torrentialT

暂无个人介绍

IP属地：未知

5关注

1粉丝

0主题

0勋章

2021-03-23

excited to be living in these times

抱歉，原内容已删除

2021-03-31

nothing on $nflx really excites me anymore

抱歉，原内容已删除

2021-04-04

haha what is 4000 compared to 180,000.. the 238% is just misleading.

Li Auto Inc. March 2021 Delivery Update<blockquote>理想汽车公司2021年3月交付更新</blockquote>

2021-04-01

green!

Why Tesla Stock Jumped on Wednesday<blockquote>为什么特斯拉股价周三上涨</blockquote>

2021-03-24

buy more btc now to get a discount for yourtesla

抱歉，原内容已删除

2021-04-12

at least there are news on the company now

抱歉，原内容已删除

2021-04-07

just be sure of your investment plan

Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</blockquote>

2021-03-31

it comes down to your conviction on cryptocurrencies. where do you see BTC or any of the other coins in 5 years?

Gold falls below the $1,700 benchmark<blockquote>金价跌破1700美元关口</blockquote>

2021-03-31

moral of the story is?

抱歉，原内容已删除

2021-04-11

BULL

Tesla China Deliveries Set EV Maker for Strong '21, Wedbush Says<blockquote>韦德布什表示，特斯拉在华交付量为电动汽车制造商带来了强劲的21年业绩</blockquote>

2021-04-10

excellent news

抱歉，原内容已删除

2021-03-31

good day to add more!

抱歉，原内容已删除

2021-03-30

true disruptor! (Y)

抱歉，原内容已删除

2021-06-09

buy buy buy

抱歉，原内容已删除

2021-04-05

BUBBLE!

抱歉，原内容已删除

2021-03-30

divest into HKEX?

抱歉，原内容已删除

2021-03-29

what a misleading title..

抱歉，原内容已删除

2021-03-26

It’s all down to how $ZM position their brand in the post-Covid world.

抱歉，原内容已删除

2021-03-18

$Tesla Motors(TSLA)$to the moon!

The Fed Will Wait. That’s a Positive for Stocks and a Departure From the Past.<blockquote>美联储将等待。这对股市来说是积极的，也与过去不同。</blockquote>

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3558849329059364","uuid":"3558849329059364","gmtCreate":1595756153740,"gmtModify":1617587747854,"name":"torrentialT","pinyin":"torrentialt","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":1,"headSize":5,"tweetSize":19,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"228c86a078844d74991fff2b7ab2428d-2","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资总监虎","description":"证券账户累计交易金额达到30万美元","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.38%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"35ec162348d5460f88c959321e554969-2","templateUuid":"35ec162348d5460f88c959321e554969","name":"宗师交易员","description":"证券或期货账户累计交易次数达到100次","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.86%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":180478245,"gmtCreate":1623224113387,"gmtModify":1634035632045,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"buy buy buy","listText":"buy buy buy","text":"buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/180478245","repostId":"2142294876","repostType":4,"isVote":1,"tweetType":1,"viewCount":1244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342663262,"gmtCreate":1618211387556,"gmtModify":1634294403522,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"at least there are&nbsp;news on the company now&nbsp;","listText":"at least there are&nbsp;news on the company now&nbsp;","text":"at least there are news on the company now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342663262","repostId":"1128713746","repostType":4,"isVote":1,"tweetType":1,"viewCount":2011,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342004298,"gmtCreate":1618121936214,"gmtModify":1634294791645,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"BULL","listText":"BULL","text":"BULL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342004298","repostId":"1121480052","repostType":4,"repost":{"id":"1121480052","kind":"news","pubTimestamp":1617979030,"share":"https://www.laohu8.com/m/news/1121480052?lang=zh_CN&edition=full","pubTime":"2021-04-09 22:37","market":"us","language":"en","title":"Tesla China Deliveries Set EV Maker for Strong '21, Wedbush Says<blockquote>韦德布什表示，特斯拉在华交付量为电动汽车制造商带来了强劲的21年业绩</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121480052","media":"TheStreet","summary":"Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.Tesla's March deliveries in China create a strong trajectory for the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softeni","content":"<p>Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.</p><p><blockquote>Wedbush分析师Dan Ives表示，特斯拉有望在2021年交付85万辆汽车，这是一个强劲的发展轨迹。</blockquote></p><p>Tesla's&nbsp;March deliveries in China create a strong trajectory for&nbsp;the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.</p><p><blockquote>Wedbush分析师Dan Ives表示，特斯拉3月份在华交付量为这家电动汽车巨头在2021年剩余时间内创造了强劲的发展轨迹。</blockquote></p><p>The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.</p><p><blockquote>乘联会周五公布了3月份的数据，显示特斯拉交付了35,500辆汽车，约为2月份的两倍。</blockquote></p><p>\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softening in January, we have seen a storybook comeback from Tesla and domestic EV players NIO,&nbsp;Li Auto,&nbsp;Xpeng&nbsp;and others in this key region,\" Ives said in a Friday note.</p><p><blockquote>Ives表示：“情况很清楚：尽管仇恨者和看空者关注一月份中国电动汽车销量疲软，但我们已经看到特斯拉以及国内电动汽车企业蔚来、理想汽车、小鹏汽车和其他公司在这一关键地区的故事般的卷土重来。”在周五的笔记中。</blockquote></p><p>Wedbush maintained its outperform rating and $1,000 price target.</p><p><blockquote>Wedbush维持跑赢大盘评级和1,000美元的目标价。</blockquote></p><p>Shares of the Palo Alto, Calif., company at last check were off 0.9% at $678.</p><p><blockquote>上次检查时，这家位于加利福尼亚州帕洛阿尔托的公司股价下跌0.9%，至678美元。</blockquote></p><p>Wedbush sees a run rate of 300,000 units delivered in China for the year, which would be the linchpin for the company hitting its 850,000-vehicle delivery goal worldwide.</p><p><blockquote>Wedbush预计今年在中国的交付量将达到30万辆，这将是该公司实现全球85万辆交付目标的关键。</blockquote></p><p>\"As this green tidal wave hits its next phase globally, ... the Tesla EV demand story is just starting to play out,\" Ives said.</p><p><blockquote>“随着这股绿色浪潮在全球范围内进入下一阶段，……特斯拉电动汽车的需求故事才刚刚开始上演，”Ives说。</blockquote></p><p>Additionally, lifting the 200,000 electric vehicle tax-credit ceiling, which was restored to Tesla and General Motors, and a likely $10,000 electric-vehicle tax rebate will be major catalysts for industry growth in the U.S., thanks to the focus on green energy from President Joe Biden's administration.</p><p><blockquote>此外，由于乔·拜登总统政府对绿色能源的关注，取消特斯拉和通用汽车恢复的20万辆电动汽车税收抵免上限以及可能的1万美元电动汽车退税将成为美国行业增长的主要催化剂。</blockquote></p><p>Last week, Tesla reported&nbsp;stronger-than-expected&nbsp;vehicle deliveries for the first quarter, paced by its midpriced Model 3 sedan and Chinese demand for its new Model Y SUV.</p><p><blockquote>上周，特斯拉公布第一季度汽车交付量强于预期，这得益于其中等价位的Model 3轿车和中国对其新款Model Y SUV的需求。</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>Tesla China Deliveries Set EV Maker for Strong '21, Wedbush Says<blockquote>韦德布什表示，特斯拉在华交付量为电动汽车制造商带来了强劲的21年业绩</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\">\nTesla China Deliveries Set EV Maker for Strong '21, Wedbush Says<blockquote>韦德布什表示，特斯拉在华交付量为电动汽车制造商带来了强劲的21年业绩</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-04-09 22:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.</p><p><blockquote>Wedbush分析师Dan Ives表示，特斯拉有望在2021年交付85万辆汽车，这是一个强劲的发展轨迹。</blockquote></p><p>Tesla's&nbsp;March deliveries in China create a strong trajectory for&nbsp;the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.</p><p><blockquote>Wedbush分析师Dan Ives表示，特斯拉3月份在华交付量为这家电动汽车巨头在2021年剩余时间内创造了强劲的发展轨迹。</blockquote></p><p>The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.</p><p><blockquote>乘联会周五公布了3月份的数据，显示特斯拉交付了35,500辆汽车，约为2月份的两倍。</blockquote></p><p>\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softening in January, we have seen a storybook comeback from Tesla and domestic EV players NIO,&nbsp;Li Auto,&nbsp;Xpeng&nbsp;and others in this key region,\" Ives said in a Friday note.</p><p><blockquote>Ives表示：“情况很清楚：尽管仇恨者和看空者关注一月份中国电动汽车销量疲软，但我们已经看到特斯拉以及国内电动汽车企业蔚来、理想汽车、小鹏汽车和其他公司在这一关键地区的故事般的卷土重来。”在周五的笔记中。</blockquote></p><p>Wedbush maintained its outperform rating and $1,000 price target.</p><p><blockquote>Wedbush维持跑赢大盘评级和1,000美元的目标价。</blockquote></p><p>Shares of the Palo Alto, Calif., company at last check were off 0.9% at $678.</p><p><blockquote>上次检查时，这家位于加利福尼亚州帕洛阿尔托的公司股价下跌0.9%，至678美元。</blockquote></p><p>Wedbush sees a run rate of 300,000 units delivered in China for the year, which would be the linchpin for the company hitting its 850,000-vehicle delivery goal worldwide.</p><p><blockquote>Wedbush预计今年在中国的交付量将达到30万辆，这将是该公司实现全球85万辆交付目标的关键。</blockquote></p><p>\"As this green tidal wave hits its next phase globally, ... the Tesla EV demand story is just starting to play out,\" Ives said.</p><p><blockquote>“随着这股绿色浪潮在全球范围内进入下一阶段，……特斯拉电动汽车的需求故事才刚刚开始上演，”Ives说。</blockquote></p><p>Additionally, lifting the 200,000 electric vehicle tax-credit ceiling, which was restored to Tesla and General Motors, and a likely $10,000 electric-vehicle tax rebate will be major catalysts for industry growth in the U.S., thanks to the focus on green energy from President Joe Biden's administration.</p><p><blockquote>此外，由于乔·拜登总统政府对绿色能源的关注，取消特斯拉和通用汽车恢复的20万辆电动汽车税收抵免上限以及可能的1万美元电动汽车退税将成为美国行业增长的主要催化剂。</blockquote></p><p>Last week, Tesla reported&nbsp;stronger-than-expected&nbsp;vehicle deliveries for the first quarter, paced by its midpriced Model 3 sedan and Chinese demand for its new Model Y SUV.</p><p><blockquote>上周，特斯拉公布第一季度汽车交付量强于预期，这得益于其中等价位的Model 3轿车和中国对其新款Model Y SUV的需求。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/tesla-march-china-deliveries-strong-outlook-wedbush-says\">TheStreet</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":{"TSLA":"特斯拉"},"source_url":"https://www.thestreet.com/investing/tesla-march-china-deliveries-strong-outlook-wedbush-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121480052","content_text":"Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.Tesla's March deliveries in China create a strong trajectory for the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softening in January, we have seen a storybook comeback from Tesla and domestic EV players NIO, Li Auto, Xpeng and others in this key region,\" Ives said in a Friday note.Wedbush maintained its outperform rating and $1,000 price target.Shares of the Palo Alto, Calif., company at last check were off 0.9% at $678.Wedbush sees a run rate of 300,000 units delivered in China for the year, which would be the linchpin for the company hitting its 850,000-vehicle delivery goal worldwide.\"As this green tidal wave hits its next phase globally, ... the Tesla EV demand story is just starting to play out,\" Ives said.Additionally, lifting the 200,000 electric vehicle tax-credit ceiling, which was restored to Tesla and General Motors, and a likely $10,000 electric-vehicle tax rebate will be major catalysts for industry growth in the U.S., thanks to the focus on green energy from President Joe Biden's administration.Last week, Tesla reported stronger-than-expected vehicle deliveries for the first quarter, paced by its midpriced Model 3 sedan and Chinese demand for its new Model Y SUV.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346646442,"gmtCreate":1618036823386,"gmtModify":1634295103094,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"excellent news&nbsp;","listText":"excellent news&nbsp;","text":"excellent news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346646442","repostId":"1101452417","repostType":4,"isVote":1,"tweetType":1,"viewCount":1177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343775474,"gmtCreate":1617758879998,"gmtModify":1634296690785,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"just be sure of your investment plan&nbsp;","listText":"just be sure of your investment plan&nbsp;","text":"just be sure of your investment plan","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/343775474","repostId":"1101907559","repostType":4,"repost":{"id":"1101907559","kind":"news","pubTimestamp":1617672655,"share":"https://www.laohu8.com/m/news/1101907559?lang=zh_CN&edition=full","pubTime":"2021-04-06 09:30","market":"us","language":"en","title":"Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101907559","media":"marketwatch","summary":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were","content":"<p>  <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>  Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p><p><blockquote><b>目前，没有人能肯定地说，所谓的家族办公室数十亿美元的投资损失不会蔓延。</b>金融危机从来都不完全一样。20世纪80年代末，美国近三分之一的储蓄和贷款协会倒闭，最终获得了约2650亿美元的纳税人救助（按2021年计算）。</blockquote></p><p> In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p><p><blockquote>1997-1998年，亚洲和俄国的金融危机导致美国最大的对冲基金——长期资本管理公司（LTCM）几近崩溃。它的影响力和运营实践如此之大，以至于美联储主席艾伦·格林斯潘说，当LTCM失败时，“他一生中从未见过任何与他所感受到的恐怖相比的事情”。LTCM被认为“太大而不能倒”，他策划了对14家美国主要金融机构的救助。</blockquote></p><p> Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p><p><blockquote>整整十年后，其中一些机构的过度杠杆化，以及美国房地产泡沫的破裂，导致美国金融体系几近崩溃。大银行再一次被认为太大而不能倒，纳税人前来救援。</blockquote></p><p> The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p><p><blockquote>趋势？每隔10年左右，它们看起来都不一样。随着家族办公室Archegos Capital Management LP的爆发，我们现在是否正处于新危机的早期阶段？</blockquote></p><p> A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p><p><blockquote>对于外行人来说，家族办公室是超级富豪的私人财富管理工具。这就是我所说的超级富豪的意思：咨询公司安永估计全球约有10,000个家族理财室，但市场研究公司Campden Research的另一项估计称，管理家族理财室的规模接近6万亿美元。鉴于这6万亿美元是基于2019年的数据，现在可能要高得多。</blockquote></p><p> <b>Unregulated money managers</b></p><p><blockquote><b>不受监管的基金经理</b></blockquote></p><p> Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p><p><blockquote>这是潜在的危险。家族理财室通常不受监管。1940年《投资顾问法》规定，拥有15名或更少客户的公司无需向美国证券交易委员会注册。这意味着数万亿美元正在发挥作用，没有人能真正说出谁在管理这笔钱，它投资于什么，使用了多少杠杆，以及可能存在什么样的交易对手风险。（交易对手风险是指参与金融交易的一方可能违反对另一方的合同义务的概率。）</blockquote></p><p> This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p><p><blockquote>Archegos似乎就是这种情况。该公司大举押注某些中国股票，包括电子商务公司唯品会控股有限公司VIPS，-1.19%，在美国上市的中国家教公司跟谁学GSX，-10.63%，以及美国媒体公司维亚康姆哥伦比亚广播公司VIAC，-3.90%和Discovery Inc.DISCA，-3.86%等。最近股价暴跌，引发Archegos的大量抛售（约300亿美元）。</blockquote></p><p> The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p><p><blockquote>问题是，其中只有大约三分之一，即100亿美元，是它自己的钱。我们现在知道Archegos与华尔街的一些大牌合作，包括瑞士信贷集团AGCS，+1.59%，瑞银集团AGUBS，+1.01%，高盛集团Inc.GS，-1.25%，摩根士丹利MS，-0.28%，德意志银行AGDB，+0.74%，野村控股公司NMR，+1.87%。</blockquote></p><p> But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p><p><blockquote>但由于家族办公室在很大程度上被允许不受监管地运营，谁能说这里真正涉及多少资金以及市场风险有多大？我的同事Mark DeCambre上周报告称，Archegos对不良交易的真实敞口实际上可能接近1000亿美元。</blockquote></p><p> <b>Danger of counterparty risk</b></p><p><blockquote><b>交易对手风险的危险性</b></blockquote></p><p> This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p><p><blockquote>这就是交易对手风险的用武之地。随着Archegos的赌注落空，上述银行考虑到自己的损失，以保证金评级打击了该公司。德意志银行迅速抛售了约40亿美元的持股，而高盛和摩根士丹利据说也已平仓，这或许限制了它们的下跌空间。</blockquote></p><p> So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p><p><blockquote>那么这是金融危机吗？似乎不是。即便如此，美国证券交易委员会还是对Archegos及其创始人Bill Hwang展开了初步调查。</blockquote></p><p> One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p><p><blockquote>Fundstrat Global Advisors的研究主管Tom Lee是他认识的“十大最佳投资头脑”之一的评级·黄。</blockquote></p><p> But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p><p><blockquote>但联邦监管机构的意见可能较少。2012年，黄禹锡的前对冲基金老虎亚洲管理公司(Tiger Asia Management)认罪并支付了超过6000万美元的罚款，此前该公司被指控利用有关中国银行的非法线索进行交易。美国证券交易委员会禁止黄禹锡代表客户管理资金——实质上是将他踢出对冲基金行业。因此，Hwang开设了Archegos，同样，家族理财室通常不受监管。</blockquote></p><p> <b>Yellen on the case</b></p><p><blockquote><b>耶伦谈此案</b></blockquote></p><p> This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p><p><blockquote>这个问题引起了财政部长珍妮特·耶伦的关注。她上周表示，需要加强对金融业这些私人角落的监管。她监管的金融稳定监督委员会（FSOC）重新成立了一个工作组，以帮助各机构更好地“共享数据、识别风险并努力加强我们的金融体系”。</blockquote></p><p></p><p> Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p><p><blockquote>大多数金融危机最终都是美国纳税人陷入困境。收益属于冒险者。但是损失——它们属于我们。套用亚伯·林肯（Abe Lincoln）的话，家族办公室——一个价值数万亿美元的行业，在一个比以往任何时候都更加交织在一起的全球金融体系中，很大程度上被允许在阴影中运作——属于超级富豪，由超级富豪经营，为超级富豪服务。没有其他人。</blockquote></p><p> The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p><p><blockquote>Archegos的倒闭可能是也可能不是另一场金融危机的开始。但谁能说其他数千家家族理财室正在用他们的数万亿美元做什么，以及类似的问题是否会爆发？</blockquote></p><p></p>","source":"lsy1603348471595","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>Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</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\">\nOpinion: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-04-06 09:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>  Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p><p><blockquote><b>目前，没有人能肯定地说，所谓的家族办公室数十亿美元的投资损失不会蔓延。</b>金融危机从来都不完全一样。20世纪80年代末，美国近三分之一的储蓄和贷款协会倒闭，最终获得了约2650亿美元的纳税人救助（按2021年计算）。</blockquote></p><p> In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p><p><blockquote>1997-1998年，亚洲和俄国的金融危机导致美国最大的对冲基金——长期资本管理公司（LTCM）几近崩溃。它的影响力和运营实践如此之大，以至于美联储主席艾伦·格林斯潘说，当LTCM失败时，“他一生中从未见过任何与他所感受到的恐怖相比的事情”。LTCM被认为“太大而不能倒”，他策划了对14家美国主要金融机构的救助。</blockquote></p><p> Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p><p><blockquote>整整十年后，其中一些机构的过度杠杆化，以及美国房地产泡沫的破裂，导致美国金融体系几近崩溃。大银行再一次被认为太大而不能倒，纳税人前来救援。</blockquote></p><p> The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p><p><blockquote>趋势？每隔10年左右，它们看起来都不一样。随着家族办公室Archegos Capital Management LP的爆发，我们现在是否正处于新危机的早期阶段？</blockquote></p><p> A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p><p><blockquote>对于外行人来说，家族办公室是超级富豪的私人财富管理工具。这就是我所说的超级富豪的意思：咨询公司安永估计全球约有10,000个家族理财室，但市场研究公司Campden Research的另一项估计称，管理家族理财室的规模接近6万亿美元。鉴于这6万亿美元是基于2019年的数据，现在可能要高得多。</blockquote></p><p> <b>Unregulated money managers</b></p><p><blockquote><b>不受监管的基金经理</b></blockquote></p><p> Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p><p><blockquote>这是潜在的危险。家族理财室通常不受监管。1940年《投资顾问法》规定，拥有15名或更少客户的公司无需向美国证券交易委员会注册。这意味着数万亿美元正在发挥作用，没有人能真正说出谁在管理这笔钱，它投资于什么，使用了多少杠杆，以及可能存在什么样的交易对手风险。（交易对手风险是指参与金融交易的一方可能违反对另一方的合同义务的概率。）</blockquote></p><p> This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p><p><blockquote>Archegos似乎就是这种情况。该公司大举押注某些中国股票，包括电子商务公司唯品会控股有限公司VIPS，-1.19%，在美国上市的中国家教公司跟谁学GSX，-10.63%，以及美国媒体公司维亚康姆哥伦比亚广播公司VIAC，-3.90%和Discovery Inc.DISCA，-3.86%等。最近股价暴跌，引发Archegos的大量抛售（约300亿美元）。</blockquote></p><p> The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p><p><blockquote>问题是，其中只有大约三分之一，即100亿美元，是它自己的钱。我们现在知道Archegos与华尔街的一些大牌合作，包括瑞士信贷集团AGCS，+1.59%，瑞银集团AGUBS，+1.01%，高盛集团Inc.GS，-1.25%，摩根士丹利MS，-0.28%，德意志银行AGDB，+0.74%，野村控股公司NMR，+1.87%。</blockquote></p><p> But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p><p><blockquote>但由于家族办公室在很大程度上被允许不受监管地运营，谁能说这里真正涉及多少资金以及市场风险有多大？我的同事Mark DeCambre上周报告称，Archegos对不良交易的真实敞口实际上可能接近1000亿美元。</blockquote></p><p> <b>Danger of counterparty risk</b></p><p><blockquote><b>交易对手风险的危险性</b></blockquote></p><p> This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p><p><blockquote>这就是交易对手风险的用武之地。随着Archegos的赌注落空，上述银行考虑到自己的损失，以保证金评级打击了该公司。德意志银行迅速抛售了约40亿美元的持股，而高盛和摩根士丹利据说也已平仓，这或许限制了它们的下跌空间。</blockquote></p><p> So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p><p><blockquote>那么这是金融危机吗？似乎不是。即便如此，美国证券交易委员会还是对Archegos及其创始人Bill Hwang展开了初步调查。</blockquote></p><p> One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p><p><blockquote>Fundstrat Global Advisors的研究主管Tom Lee是他认识的“十大最佳投资头脑”之一的评级·黄。</blockquote></p><p> But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p><p><blockquote>但联邦监管机构的意见可能较少。2012年，黄禹锡的前对冲基金老虎亚洲管理公司(Tiger Asia Management)认罪并支付了超过6000万美元的罚款，此前该公司被指控利用有关中国银行的非法线索进行交易。美国证券交易委员会禁止黄禹锡代表客户管理资金——实质上是将他踢出对冲基金行业。因此，Hwang开设了Archegos，同样，家族理财室通常不受监管。</blockquote></p><p> <b>Yellen on the case</b></p><p><blockquote><b>耶伦谈此案</b></blockquote></p><p> This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p><p><blockquote>这个问题引起了财政部长珍妮特·耶伦的关注。她上周表示，需要加强对金融业这些私人角落的监管。她监管的金融稳定监督委员会（FSOC）重新成立了一个工作组，以帮助各机构更好地“共享数据、识别风险并努力加强我们的金融体系”。</blockquote></p><p></p><p> Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p><p><blockquote>大多数金融危机最终都是美国纳税人陷入困境。收益属于冒险者。但是损失——它们属于我们。套用亚伯·林肯（Abe Lincoln）的话，家族办公室——一个价值数万亿美元的行业，在一个比以往任何时候都更加交织在一起的全球金融体系中，很大程度上被允许在阴影中运作——属于超级富豪，由超级富豪经营，为超级富豪服务。没有其他人。</blockquote></p><p> The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p><p><blockquote>Archegos的倒闭可能是也可能不是另一场金融危机的开始。但谁能说其他数千家家族理财室正在用他们的数万亿美元做什么，以及类似的问题是否会爆发？</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page\">marketwatch</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":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101907559","content_text":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.\nIn 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.\nExactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.\nThe trend? Every 10 years or so, and they all look different. Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?\nA family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.\nUnregulated money managers\nHere’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)\nThis appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player Vipshop Holdings Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company GSX Techedu Inc.GSX,-10.63%and U.S. media companiesViacomCBS Inc.VIAC,-3.90%and Discovery Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.\nThe problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%, Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc. NMR,+1.87%.\nBut since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.\nDanger of counterparty risk\nThis is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.\nSo is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.\nOne peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.\nBut federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.\nYellen on the case\nThis issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”\nMost financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.\nThe Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1758,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349177819,"gmtCreate":1617584551631,"gmtModify":1634520459463,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"BUBBLE!","listText":"BUBBLE!","text":"BUBBLE!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/349177819","repostId":"2124078088","repostType":4,"isVote":1,"tweetType":1,"viewCount":2937,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340741390,"gmtCreate":1617498603610,"gmtModify":1634520789961,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"haha what is 4000 compared to 180,000.. the 238% is just misleading.&nbsp;","listText":"haha what is 4000 compared to 180,000.. the 238% is just misleading.&nbsp;","text":"haha what is 4000 compared to 180,000.. the 238% is just misleading.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340741390","repostId":"1168930514","repostType":4,"repost":{"id":"1168930514","kind":"news","pubTimestamp":1617332876,"share":"https://www.laohu8.com/m/news/1168930514?lang=zh_CN&edition=full","pubTime":"2021-04-02 11:07","market":"us","language":"en","title":"Li Auto Inc. March 2021 Delivery Update<blockquote>理想汽车公司2021年3月交付更新</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1168930514","media":"globenewswire","summary":"BEIJING, China, April 02, 2021  -- Li Auto Inc.  , an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year.As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to rob","content":"<p>BEIJING, China, April 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year.</p><p><blockquote>中国北京，2021年4月2日（环球通讯社）——中国新能源汽车市场的创新者理想汽车公司（“理想汽车”或“公司”）（纳斯达克：LI）今天宣布，该公司2021年3月交付Li 4900辆，同比增长238.6%。这使得2021年第一季度的交付量达到12,579辆，同比增长334.4%。</blockquote></p><p>As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to robust demand for Li ONEs and in anticipation of new model launches in 2022 and beyond, Li Auto plans to further bolster its direct sales and servicing network.</p><p><blockquote>截至2021年3月31日，公司在49个城市拥有65家零售店，在98个城市运营135家服务中心以及理想汽车授权的车身和喷漆店。为了应对Li One的强劲需求以及2022年及以后推出新车型的预期，理想汽车计划进一步加强其直销和服务网络。</blockquote></p><p><b>About Li Auto Inc.</b></p><p><blockquote><b>关于理想汽车公司。</b></blockquote></p><p>Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium electric SUV equipped with a range extension system and cutting-edge smart vehicle solutions. The Company started volume production of Li ONE in November 2019 and delivered over 33,500 Li ONEs as of December 31, 2020. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.</p><p><blockquote>理想汽车公司是中国新能源汽车市场的创新者。该公司设计、开发、制造和销售高端智能电动汽车。公司通过产品、技术、商业模式的创新，为家庭提供安全、便捷、精细化的产品和服务。理想汽车是国内成功实现增程式电动汽车商业化的先行者。其首款车型理想ONE是一款六座大型高级电动SUV，配备增程系统和前沿智能车载解决方案。该公司于2019年11月开始量产理想ONE，截至2020年12月31日已交付超过33,500辆理想ONE。该公司利用技术为用户创造价值。它将内部开发工作集中在其专有的增程系统、下一代电动汽车技术和智能汽车解决方案上。除了Li ONE之外，该公司还旨在通过开发新车（包括纯电动汽车和电动汽车）来扩大其产品线，以瞄准更广泛的消费者群体。</blockquote></p><p>For more information, please visit:<i>http://ir.lixiang.com</i>.</p><p><blockquote>欲了解更多信息，请访问：<i>http://ir.lixiang.com</i>.</blockquote></p><p></p>","source":"lsy1573717531661","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>Li Auto Inc. March 2021 Delivery Update<blockquote>理想汽车公司2021年3月交付更新</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\">\nLi Auto Inc. March 2021 Delivery Update<blockquote>理想汽车公司2021年3月交付更新</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">globenewswire</strong><span class=\"h-time small\">2021-04-02 11:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>BEIJING, China, April 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year.</p><p><blockquote>中国北京，2021年4月2日（环球通讯社）——中国新能源汽车市场的创新者理想汽车公司（“理想汽车”或“公司”）（纳斯达克：LI）今天宣布，该公司2021年3月交付Li 4900辆，同比增长238.6%。这使得2021年第一季度的交付量达到12,579辆，同比增长334.4%。</blockquote></p><p>As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to robust demand for Li ONEs and in anticipation of new model launches in 2022 and beyond, Li Auto plans to further bolster its direct sales and servicing network.</p><p><blockquote>截至2021年3月31日，公司在49个城市拥有65家零售店，在98个城市运营135家服务中心以及理想汽车授权的车身和喷漆店。为了应对Li One的强劲需求以及2022年及以后推出新车型的预期，理想汽车计划进一步加强其直销和服务网络。</blockquote></p><p><b>About Li Auto Inc.</b></p><p><blockquote><b>关于理想汽车公司。</b></blockquote></p><p>Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium electric SUV equipped with a range extension system and cutting-edge smart vehicle solutions. The Company started volume production of Li ONE in November 2019 and delivered over 33,500 Li ONEs as of December 31, 2020. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.</p><p><blockquote>理想汽车公司是中国新能源汽车市场的创新者。该公司设计、开发、制造和销售高端智能电动汽车。公司通过产品、技术、商业模式的创新，为家庭提供安全、便捷、精细化的产品和服务。理想汽车是国内成功实现增程式电动汽车商业化的先行者。其首款车型理想ONE是一款六座大型高级电动SUV，配备增程系统和前沿智能车载解决方案。该公司于2019年11月开始量产理想ONE，截至2020年12月31日已交付超过33,500辆理想ONE。该公司利用技术为用户创造价值。它将内部开发工作集中在其专有的增程系统、下一代电动汽车技术和智能汽车解决方案上。除了Li ONE之外，该公司还旨在通过开发新车（包括纯电动汽车和电动汽车）来扩大其产品线，以瞄准更广泛的消费者群体。</blockquote></p><p>For more information, please visit:<i>http://ir.lixiang.com</i>.</p><p><blockquote>欲了解更多信息，请访问：<i>http://ir.lixiang.com</i>.</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"http://www.globenewswire.com/news-release/2021/04/02/2203765/0/en/Li-Auto-Inc-March-2021-Delivery-Update.html\">globenewswire</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":{"LI":"理想汽车"},"source_url":"http://www.globenewswire.com/news-release/2021/04/02/2203765/0/en/Li-Auto-Inc-March-2021-Delivery-Update.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168930514","content_text":"BEIJING, China, April 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year.As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to robust demand for Li ONEs and in anticipation of new model launches in 2022 and beyond, Li Auto plans to further bolster its direct sales and servicing network.About Li Auto Inc.Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium electric SUV equipped with a range extension system and cutting-edge smart vehicle solutions. The Company started volume production of Li ONE in November 2019 and delivered over 33,500 Li ONEs as of December 31, 2020. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.For more information, please visit:http://ir.lixiang.com.","news_type":1,"symbols_score_info":{"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":2499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357672944,"gmtCreate":1617272885688,"gmtModify":1634521683740,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"green!&nbsp;","listText":"green!&nbsp;","text":"green!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/357672944","repostId":"1147807978","repostType":4,"repost":{"id":"1147807978","kind":"news","pubTimestamp":1617267580,"share":"https://www.laohu8.com/m/news/1147807978?lang=zh_CN&edition=full","pubTime":"2021-04-01 16:59","market":"us","language":"en","title":"Why Tesla Stock Jumped on Wednesday<blockquote>为什么特斯拉股价周三上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147807978","media":"Motley Fool","summary":"One analyst thinks the company's first-quarter deliveries will be higher than analysts' average fore","content":"<p>  One analyst thinks the company's first-quarter deliveries will be higher than analysts' average forecast.  <b>What happened</b></p><p><blockquote>一位分析师认为该公司第一季度的交付量将高于分析师的平均预期。<b>发生了什么</b></blockquote></p><p> Shares of electric-car maker and green-energy specialist<b>Tesla</b>(NASDAQ:TSLA)soared on Wednesday, jumping about 4.7% by 1:30 p.m. EDT.</p><p><blockquote>电动汽车制造商和绿色能源专家的股票<b>特斯拉</b>（纳斯达克：TSLA）周三飙升，截至美国东部时间下午1:30上涨约4.7%。</blockquote></p><p> The stock's gain is likely fueled by both an optimistic day in the overall market and an analyst note expressing a bullish view for the auto company's first-quarter deliveries.</p><p><blockquote>该股的上涨可能受到整体市场乐观的一天以及分析师对该汽车公司第一季度交付量持乐观态度的报告的推动。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> In an upbeat day on Wall Street, the<b>S&amp;P 500</b>was up about 0.8% as of this writing on Wednesday. The tech-heavy<b>Nasdaq Composite</b>&nbsp;had gained more than 1.8%. Manygrowth stockslike Tesla were up even more.</p><p><blockquote>在华尔街乐观的一天，<b>标普500</b>截至周三撰写本文时，该股上涨了约0.8%。科技含量高<b>纳斯达克复合材料</b>涨幅超过1.8%。特斯拉等许多成长型股票涨幅更大。</blockquote></p><p> For two trading days in a row, growth stocks generally seem to be rebounding from a brutal sell-off that occurred between mid-February and late March.</p><p><blockquote>连续两个交易日，成长股似乎普遍从2月中旬至3月下旬发生的残酷抛售中反弹。</blockquote></p><p> Relating to Tesla specifically, Wedbush analyst Daniel Ives said on Wednesday that he believes Tesla's first-quarter deliveries will exceed analyst expectations for the period.</p><p><blockquote>具体到特斯拉，Wedbush分析师Daniel Ives周三表示，他相信特斯拉第一季度的交付量将超过分析师对此期间的预期。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> There's a lot of uncertainty around Tesla's first-quarter deliveries due to semiconductor supply shortages that have weighed on broader auto production. But Ives thinks that strong deliveries in the U.S. and China will help the company report better-than-expected deliveries.</p><p><blockquote>由于半导体供应短缺给更广泛的汽车生产带来压力，特斯拉第一季度的交付量存在很多不确定性。但艾夫斯认为，美国和中国的强劲交付将有助于该公司报告好于预期的交付量。</blockquote></p><p> Though Tesla's quarterly deliveries are expected to be lower sequentially, analysts are generally modeling for extremely strong year-over-year growth of around 80% to 90%.</p><p><blockquote>尽管特斯拉的季度交付量预计将环比下降，但分析师普遍预计同比增长将达到80%至90%左右。</blockquote></p><p> Tesla will likely report its first-quarter vehicle deliveries on Friday or Saturday.</p><p><blockquote>特斯拉可能会在周五或周六公布第一季度汽车交付情况。</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>Why Tesla Stock Jumped on Wednesday<blockquote>为什么特斯拉股价周三上涨</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\">\nWhy Tesla Stock Jumped on Wednesday<blockquote>为什么特斯拉股价周三上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-04-01 16:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  One analyst thinks the company's first-quarter deliveries will be higher than analysts' average forecast.  <b>What happened</b></p><p><blockquote>一位分析师认为该公司第一季度的交付量将高于分析师的平均预期。<b>发生了什么</b></blockquote></p><p> Shares of electric-car maker and green-energy specialist<b>Tesla</b>(NASDAQ:TSLA)soared on Wednesday, jumping about 4.7% by 1:30 p.m. EDT.</p><p><blockquote>电动汽车制造商和绿色能源专家的股票<b>特斯拉</b>（纳斯达克：TSLA）周三飙升，截至美国东部时间下午1:30上涨约4.7%。</blockquote></p><p> The stock's gain is likely fueled by both an optimistic day in the overall market and an analyst note expressing a bullish view for the auto company's first-quarter deliveries.</p><p><blockquote>该股的上涨可能受到整体市场乐观的一天以及分析师对该汽车公司第一季度交付量持乐观态度的报告的推动。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> In an upbeat day on Wall Street, the<b>S&amp;P 500</b>was up about 0.8% as of this writing on Wednesday. The tech-heavy<b>Nasdaq Composite</b>&nbsp;had gained more than 1.8%. Manygrowth stockslike Tesla were up even more.</p><p><blockquote>在华尔街乐观的一天，<b>标普500</b>截至周三撰写本文时，该股上涨了约0.8%。科技含量高<b>纳斯达克复合材料</b>涨幅超过1.8%。特斯拉等许多成长型股票涨幅更大。</blockquote></p><p> For two trading days in a row, growth stocks generally seem to be rebounding from a brutal sell-off that occurred between mid-February and late March.</p><p><blockquote>连续两个交易日，成长股似乎普遍从2月中旬至3月下旬发生的残酷抛售中反弹。</blockquote></p><p> Relating to Tesla specifically, Wedbush analyst Daniel Ives said on Wednesday that he believes Tesla's first-quarter deliveries will exceed analyst expectations for the period.</p><p><blockquote>具体到特斯拉，Wedbush分析师Daniel Ives周三表示，他相信特斯拉第一季度的交付量将超过分析师对此期间的预期。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> There's a lot of uncertainty around Tesla's first-quarter deliveries due to semiconductor supply shortages that have weighed on broader auto production. But Ives thinks that strong deliveries in the U.S. and China will help the company report better-than-expected deliveries.</p><p><blockquote>由于半导体供应短缺给更广泛的汽车生产带来压力，特斯拉第一季度的交付量存在很多不确定性。但艾夫斯认为，美国和中国的强劲交付将有助于该公司报告好于预期的交付量。</blockquote></p><p> Though Tesla's quarterly deliveries are expected to be lower sequentially, analysts are generally modeling for extremely strong year-over-year growth of around 80% to 90%.</p><p><blockquote>尽管特斯拉的季度交付量预计将环比下降，但分析师普遍预计同比增长将达到80%至90%左右。</blockquote></p><p> Tesla will likely report its first-quarter vehicle deliveries on Friday or Saturday.</p><p><blockquote>特斯拉可能会在周五或周六公布第一季度汽车交付情况。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/03/31/why-tesla-stock-jumped-on-wednesday/\">Motley Fool</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":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/03/31/why-tesla-stock-jumped-on-wednesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147807978","content_text":"One analyst thinks the company's first-quarter deliveries will be higher than analysts' average forecast.\n\nWhat happened\nShares of electric-car maker and green-energy specialistTesla(NASDAQ:TSLA)soared on Wednesday, jumping about 4.7% by 1:30 p.m. EDT.\nThe stock's gain is likely fueled by both an optimistic day in the overall market and an analyst note expressing a bullish view for the auto company's first-quarter deliveries.\nSo what\nIn an upbeat day on Wall Street, theS&P 500was up about 0.8% as of this writing on Wednesday. The tech-heavyNasdaq Composite had gained more than 1.8%. Manygrowth stockslike Tesla were up even more.\nFor two trading days in a row, growth stocks generally seem to be rebounding from a brutal sell-off that occurred between mid-February and late March.\nRelating to Tesla specifically, Wedbush analyst Daniel Ives said on Wednesday that he believes Tesla's first-quarter deliveries will exceed analyst expectations for the period.\nNow what\nThere's a lot of uncertainty around Tesla's first-quarter deliveries due to semiconductor supply shortages that have weighed on broader auto production. But Ives thinks that strong deliveries in the U.S. and China will help the company report better-than-expected deliveries.\nThough Tesla's quarterly deliveries are expected to be lower sequentially, analysts are generally modeling for extremely strong year-over-year growth of around 80% to 90%.\nTesla will likely report its first-quarter vehicle deliveries on Friday or Saturday.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354133909,"gmtCreate":1617150163501,"gmtModify":1634522425415,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"it comes down to your conviction on cryptocurrencies. where do you see BTC or any of the other coins in 5 years?","listText":"it comes down to your conviction on cryptocurrencies. where do you see BTC or any of the other coins in 5 years?","text":"it comes down to your conviction on cryptocurrencies. where do you see BTC or any of the other coins in 5 years?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/354133909","repostId":"1130322587","repostType":4,"repost":{"id":"1130322587","kind":"news","pubTimestamp":1617117829,"share":"https://www.laohu8.com/m/news/1130322587?lang=zh_CN&edition=full","pubTime":"2021-03-30 23:23","market":"fut","language":"en","title":"Gold falls below the $1,700 benchmark<blockquote>金价跌破1700美元关口</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130322587","media":"seekingalpha","summary":"Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down","content":"<p>Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark&nbsp;-1.53%. Gold is down&nbsp;-11.72%&nbsp;YTD and&nbsp;-18.51%&nbsp;since early August of 2020.</p><p><blockquote>黄金在周二的交易中继续下跌，跌破1700美元关口-1.53%。黄金年初至今下跌-11.72%，自2020年8月初以来下跌-18.51%。</blockquote></p><p>Interestingly enough, bitcoin (BTC-USD), on the other hand, is&nbsp;+1.50%&nbsp;on the day and is&nbsp;+102.88%&nbsp;YTD. Some investors see the digital currency stealing market share from gold as investors have chosen the cryptocurrency over gold of late.</p><p><blockquote>有趣的是，另一方面，比特币（BTC-USD）当天上涨1.50%，年初至今上涨102.88%。一些投资者认为数字货币正在抢走黄金的市场份额，因为投资者最近选择了加密货币而不是黄金。</blockquote></p><p>This inverse relationship between gold and bitcoin is not a first-time offense. Dating back to the fourth quarter of 2017, bitcoin ran up over&nbsp;300.00%&nbsp;to its then all-time high of $19,458 back on December 18th. During that time, investors saw gold slide over&nbsp;-7.00%&nbsp;to the downside.</p><p><blockquote>黄金和比特币之间的这种反比关系并不是第一次。追溯到2017年第四季度，比特币股价上涨超过300.00%，至12月18日的历史高点19,458美元。在此期间，投资者看到黄金下跌超过-7.00%。</blockquote></p><p>While it's possible that bitcoin may be stealing a portion of gold's market share, there are still other significant factors at play. The fact that the&nbsp;vaccine rollout continues to strengthen and virus impacts subside doesn't play well for the haven asset.</p><p><blockquote>虽然比特币可能会窃取部分黄金市场份额，但仍有其他重要因素在起作用。事实上，疫苗的推出继续加强，病毒的影响消退，这对避风港资产来说并不好。</blockquote></p><p>Below is a YTD chart of the performance on gold and bitcoin.</p><p><blockquote>以下是年初至今黄金和比特币表现图表。</blockquote></p><p><img src=\"https://static.tigerbbs.com/a204efa6aa1c1a89a34f9ff928318c57\" tg-width=\"624\" tg-height=\"321\" referrerpolicy=\"no-referrer\">For investors looking to learn more about the value of gold, here are a few exchange traded funds worth examining: SPDR Gold Trust ETF(NYSEARCA:GLD), VanEck Vectors Gold Miners ETF(NYSEARCA:GDX), Aberdeen Standard Physical Gold Shares ETF(NYSEARCA:SGOL), and iShares Gold Trust ETF(NYSEARCA:IAU).</p><p><blockquote>对于希望了解更多黄金价值的投资者来说，这里有一些值得研究的交易所交易基金：SPDR Gold Trust ETF(NYSEARCA：GLD)、VanEck Vectors Gold Miners ETF(NYSEARCA：GDX)、Aberdeen Standard Physical Gold Shares ETF(NYSEARCA：SGOL)和iShares Gold Trust ETF(NYSEARCA：IAU)。</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>Gold falls below the $1,700 benchmark<blockquote>金价跌破1700美元关口</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\">\nGold falls below the $1,700 benchmark<blockquote>金价跌破1700美元关口</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-03-30 23:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark&nbsp;-1.53%. Gold is down&nbsp;-11.72%&nbsp;YTD and&nbsp;-18.51%&nbsp;since early August of 2020.</p><p><blockquote>黄金在周二的交易中继续下跌，跌破1700美元关口-1.53%。黄金年初至今下跌-11.72%，自2020年8月初以来下跌-18.51%。</blockquote></p><p>Interestingly enough, bitcoin (BTC-USD), on the other hand, is&nbsp;+1.50%&nbsp;on the day and is&nbsp;+102.88%&nbsp;YTD. Some investors see the digital currency stealing market share from gold as investors have chosen the cryptocurrency over gold of late.</p><p><blockquote>有趣的是，另一方面，比特币（BTC-USD）当天上涨1.50%，年初至今上涨102.88%。一些投资者认为数字货币正在抢走黄金的市场份额，因为投资者最近选择了加密货币而不是黄金。</blockquote></p><p>This inverse relationship between gold and bitcoin is not a first-time offense. Dating back to the fourth quarter of 2017, bitcoin ran up over&nbsp;300.00%&nbsp;to its then all-time high of $19,458 back on December 18th. During that time, investors saw gold slide over&nbsp;-7.00%&nbsp;to the downside.</p><p><blockquote>黄金和比特币之间的这种反比关系并不是第一次。追溯到2017年第四季度，比特币股价上涨超过300.00%，至12月18日的历史高点19,458美元。在此期间，投资者看到黄金下跌超过-7.00%。</blockquote></p><p>While it's possible that bitcoin may be stealing a portion of gold's market share, there are still other significant factors at play. The fact that the&nbsp;vaccine rollout continues to strengthen and virus impacts subside doesn't play well for the haven asset.</p><p><blockquote>虽然比特币可能会窃取部分黄金市场份额，但仍有其他重要因素在起作用。事实上，疫苗的推出继续加强，病毒的影响消退，这对避风港资产来说并不好。</blockquote></p><p>Below is a YTD chart of the performance on gold and bitcoin.</p><p><blockquote>以下是年初至今黄金和比特币表现图表。</blockquote></p><p><img src=\"https://static.tigerbbs.com/a204efa6aa1c1a89a34f9ff928318c57\" tg-width=\"624\" tg-height=\"321\" referrerpolicy=\"no-referrer\">For investors looking to learn more about the value of gold, here are a few exchange traded funds worth examining: SPDR Gold Trust ETF(NYSEARCA:GLD), VanEck Vectors Gold Miners ETF(NYSEARCA:GDX), Aberdeen Standard Physical Gold Shares ETF(NYSEARCA:SGOL), and iShares Gold Trust ETF(NYSEARCA:IAU).</p><p><blockquote>对于希望了解更多黄金价值的投资者来说，这里有一些值得研究的交易所交易基金：SPDR Gold Trust ETF(NYSEARCA：GLD)、VanEck Vectors Gold Miners ETF(NYSEARCA：GDX)、Aberdeen Standard Physical Gold Shares ETF(NYSEARCA：SGOL)和iShares Gold Trust ETF(NYSEARCA：IAU)。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/news/3677654-gold-falls-below-the-1700-benchmark\">seekingalpha</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":"https://static.tigerbbs.com/4be30a3c11bd91e9d1f864c6a098fab1","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3677654-gold-falls-below-the-1700-benchmark","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130322587","content_text":"Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down -11.72% YTD and -18.51% since early August of 2020.Interestingly enough, bitcoin (BTC-USD), on the other hand, is +1.50% on the day and is +102.88% YTD. Some investors see the digital currency stealing market share from gold as investors have chosen the cryptocurrency over gold of late.This inverse relationship between gold and bitcoin is not a first-time offense. Dating back to the fourth quarter of 2017, bitcoin ran up over 300.00% to its then all-time high of $19,458 back on December 18th. During that time, investors saw gold slide over -7.00% to the downside.While it's possible that bitcoin may be stealing a portion of gold's market share, there are still other significant factors at play. The fact that the vaccine rollout continues to strengthen and virus impacts subside doesn't play well for the haven asset.Below is a YTD chart of the performance on gold and bitcoin.For investors looking to learn more about the value of gold, here are a few exchange traded funds worth examining: SPDR Gold Trust ETF(NYSEARCA:GLD), VanEck Vectors Gold Miners ETF(NYSEARCA:GDX), Aberdeen Standard Physical Gold Shares ETF(NYSEARCA:SGOL), and iShares Gold Trust ETF(NYSEARCA:IAU).","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354197226,"gmtCreate":1617150047365,"gmtModify":1634522427439,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"moral of the story is?&nbsp;","listText":"moral of the story is?&nbsp;","text":"moral of the story is?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/354197226","repostId":"1189684251","repostType":4,"isVote":1,"tweetType":1,"viewCount":2809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354192664,"gmtCreate":1617149907758,"gmtModify":1634522430162,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"nothing on $nflx really excites me anymore&nbsp;","listText":"nothing on $nflx really excites me anymore&nbsp;","text":"nothing on $nflx really excites me anymore","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/354192664","repostId":"2123412248","repostType":4,"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354198929,"gmtCreate":1617149827361,"gmtModify":1634522431716,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"good day to add more!","listText":"good day to add more!","text":"good day to add more!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/354198929","repostId":"1102259711","repostType":4,"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355631923,"gmtCreate":1617065743662,"gmtModify":1634522859468,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"true disruptor! (Y)&nbsp;","listText":"true disruptor! (Y)&nbsp;","text":"true disruptor! (Y)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/355631923","repostId":"1135921653","repostType":4,"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355698051,"gmtCreate":1617065151373,"gmtModify":1634522865218,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"divest into HKEX?&nbsp;","listText":"divest into HKEX?&nbsp;","text":"divest into HKEX?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/355698051","repostId":"2123518862","repostType":4,"isVote":1,"tweetType":1,"viewCount":561,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355032911,"gmtCreate":1617012370133,"gmtModify":1634523150592,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"what a misleading title..&nbsp;","listText":"what a misleading title..&nbsp;","text":"what a misleading title..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/355032911","repostId":"2123231822","repostType":4,"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358560676,"gmtCreate":1616716951695,"gmtModify":1634524431618,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"It’s all down to how $ZM position their brand&nbsp;in the post-Covid world.&nbsp;","listText":"It’s all down to how $ZM position their brand&nbsp;in the post-Covid world.&nbsp;","text":"It’s all down to how $ZM position their brand in the post-Covid world.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358560676","repostId":"2122443771","repostType":4,"isVote":1,"tweetType":1,"viewCount":460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351120367,"gmtCreate":1616576519359,"gmtModify":1634525121710,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"buy more btc now to get a discount for yourtesla&nbsp;","listText":"buy more btc now to get a discount for yourtesla&nbsp;","text":"buy more btc now to get a discount for yourtesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/351120367","repostId":"2121459380","repostType":2,"isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353683940,"gmtCreate":1616491448580,"gmtModify":1634525557100,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"excited to be living in these times&nbsp;","listText":"excited to be living in these times&nbsp;","text":"excited to be living in these times","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/353683940","repostId":"2121488720","repostType":2,"isVote":1,"tweetType":1,"viewCount":546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324718593,"gmtCreate":1616030492912,"gmtModify":1703496585484,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3558849329059364","idStr":"3558849329059364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>to the moon!&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>to the moon!&nbsp;","text":"$Tesla Motors(TSLA)$to the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/324718593","repostId":"1196092062","repostType":4,"repost":{"id":"1196092062","kind":"news","pubTimestamp":1616029011,"share":"https://www.laohu8.com/m/news/1196092062?lang=zh_CN&edition=full","pubTime":"2021-03-18 08:56","market":"us","language":"en","title":"The Fed Will Wait. That’s a Positive for Stocks and a Departure From the Past.<blockquote>美联储将等待。这对股市来说是积极的，也与过去不同。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1196092062","media":"Barrons","summary":"“Don’t fire until you see the whites of their eyes” appears to be the new command from the Federal Reserve.Powell’s comments were clearly aimed atheightened expectationsthat the Fed could raise rates multiple times by 2023, which in turn has lifted intermediate- and long-term Treasury yields. Those expectations pushed the benchmark 10-year Treasury yield to 1.68% at midday Wednesday, the highest level since January 2020. That benchmark yield eased back to 1.62% by the end of Powell’s press confe","content":"<p>“Don’t fire until you see the whites of their eyes” appears to be the new command from the Federal Reserve.</p><p><blockquote>“在看到他们的眼白之前不要开火”似乎是美联储的新命令。</blockquote></p><p> Any prospect—indeed even any discussion—of interest-rate increases or reductions in securities purchases by the central bank will depend on the Fed having its goals in sight, not just in its forecasts, Fed Chairman Jerome Powell emphasized at a press conference on Wednesday. That doesn’t seem likely soon.</p><p><blockquote>美联储主席杰罗姆·鲍威尔在周三的新闻发布会上强调，美联储加息或减少证券购买的任何前景——甚至任何讨论——都将取决于美联储的目标，而不仅仅是预测。这似乎不太可能很快。</blockquote></p><p> Powell’s comments were clearly aimed atheightened expectationsthat the Fed could raise rates multiple times by 2023, which in turn has lifted intermediate- and long-term Treasury yields. Those expectations pushed the benchmark 10-year Treasury yield to 1.68% at midday Wednesday, the highest level since January 2020. That benchmark yield eased back to 1.62% by the end of Powell’s press conference, which, in turn, lifted stocks. The&nbsp;Dow Jones Industrial Average&nbsp;ended the day 0.6% higher and&nbsp;closed above the 33,000 mark&nbsp;for the first time.</p><p><blockquote>鲍威尔的言论显然是为了提高人们对美联储可能在2023年之前多次加息的预期，这反过来又提高了中长期国债收益率。这些预期推动基准10年期国债收益率周三午盘升至1.68%，为2020年1月以来的最高水平。鲍威尔新闻发布会结束时，基准收益率回落至1.62%，这反过来提振了股市。道琼斯工业平均指数收盘上涨0.6%，首次收于33,000点上方。</blockquote></p><p> Powell’s remarks followed the release of the&nbsp;Federal Open Market Committee’s policy statement, which, as universally expected, contained no changes in its near-zero federal-funds target or its $120 billion monthly purchases of Treasury and agency mortgage-backed securities.</p><p><blockquote>鲍威尔发表上述言论之前，联邦公开市场委员会发布了政策声明，正如普遍预期的那样，该声明没有改变其接近于零的联邦基金目标或每月购买1200亿美元的国债和机构抵押贷款支持证券。</blockquote></p><p> Neither was it surprising that the Fed’s new&nbsp;Summary of Economic Projections&nbsp;contained significant upgrades to the central bank’s outlook for economic growth from its previous one released last December. Real gross domestic product is now expected to grow 6.5% in 2021, up from 4.2% previously, thanks to a boost from the recently enacted $1.9 trillion fiscal package. Similarly, the panel’s projection for unemployment is lowered and its expectation for inflation was increased slightly. Forecasts for 2022 and 2023 also were tweaked.</p><p><blockquote>美联储新的经济预测摘要对去年12月发布的经济增长前景进行了大幅上调，这也不足为奇。由于最近颁布的1.9万亿美元财政计划的提振，目前预计2021年实际国内生产总值将增长6.5%，高于此前的4.2%。同样，该小组对失业率的预测也有所降低，对通胀的预期也略有提高。对2022年和2023年的预测也进行了调整。</blockquote></p><p> But the main message Powell conveyed was clear: The Fed will continue to maintain its ultra-accommodative policy until the monetary authorities are convinced its policy goals are in sight. That would mark a sharp departure from the practice of monetary policy for more than a generation.</p><p><blockquote>但鲍威尔传达的主要信息很明确：美联储将继续维持超宽松政策，直到货币当局确信其政策目标在望。这将标志着一代人多来货币政策实践的急剧背离。</blockquote></p><p> The accepted modus operandi has been for the Fed to head off an increase in inflation by pre-emptively tightening monetary policy when what it considered to be full employment was in its forecast. Not only did the Fed’s target for full employment keep changing—falling from 6%, to 5%, and so on, until the jobless rate hit 3.5% in early 2020 before the pandemic—but inflation continuously fell short of the Fed’s 2% target.</p><p><blockquote>公认的做法是，美联储在预测充分就业时，通过先发制人地收紧货币政策来阻止通胀上升。不仅美联储的充分就业目标不断变化——从6%下降到5%，等等，直到2020年初疫情爆发前失业率达到3.5%——而且通胀也持续低于美联储2%的目标。</blockquote></p><p> While the Fed’s so-called dot plot of rate expectations showed seven out of 18 FOMC members anticipated an increase in the fed-funds rate in 2023, Powell continually took pains to say those are only estimates of where the individual Fed governors and district presidents think the rate might be based on their individual forecasts. Not only is that a long ways off in the future, Powell noted, but the forecasts are even more uncertain than usual.</p><p><blockquote>尽管美联储所谓的利率预期点阵图显示，18名FOMC成员中有7名预计2023年联邦基金利率上调，但鲍威尔不断煞费苦心地表示，这些只是个别美联储理事和地区主席的估计。认为利率可能基于他们个人的预测。鲍威尔指出，这不仅距离未来还有很长的路要走，而且预测比平时更加不确定。</blockquote></p><p> Meanwhile, the Fed will be keeping its foot down on the monetary gas pedal. Financial conditions remain extremely accommodative, as indicated by the Dow’s record plus still historically low interest rates and tight credit spreads, which Powell called appropriate. What would be worrisome would be if financial conditions became disorderly.</p><p><blockquote>与此同时，美联储将继续踩下货币油门。金融状况仍然极其宽松，道琼斯指数创纪录，利率仍处于历史低位，信贷利差紧张，鲍威尔称这是适当的。令人担忧的是，如果金融状况变得无序。</blockquote></p><p> Powell didn’t think any change in the Fed’s bond purchases was needed in the face of higher yields at the long end of the Treasury market. He called the central bank’s purchases across the yield curve appropriate and didn’t see the need to skew its buying to try to pressure longer-term yields lower. Some central banks abroad, notably the Reserve Bank of Australia, have tried to manipulate bond markets by&nbsp;shifting their purchases.</p><p><blockquote>鲍威尔认为，面对国债市场长端收益率走高，美联储不需要对债券购买做出任何改变。他称央行在收益率曲线上的购买是适当的，并且认为没有必要扭曲其购买来试图压低长期收益率。一些海外央行，特别是澳大利亚储备银行，试图通过转移购买来操纵债券市场。</blockquote></p><p> Even with the headline measures of unemployment expected by the Fed to drop from 6.2% last month to 4.5% by year end and 3.9% by the end of 2022, Powell emphasized that the total number of jobs remains more than 9 million below where it stood before the pandemic. Inflation also would have to show more than a transitory rise from the depressed levels of a year ago and stay above the 2% target for some time for the Fed to change its stance.</p><p><blockquote>尽管美联储预计总体失业率指标将从上个月的6.2%降至年底的4.5%和2022年底的3.9%，但鲍威尔强调，就业岗位总数仍比疫情之前的水平低900万个以上。通胀还必须从一年前的低迷水平暂时上升，并在一段时间内保持在2%的目标之上，美联储才能改变立场。</blockquote></p><p> Keeping Fed policy easy while the economy recovers clearly is bullish for financial markets. “It would be hard to craft a more constructive statement than this,” a client note from Evercore ISI asserted.</p><p><blockquote>在经济明显复苏的同时，美联储保持宽松政策对金融市场有利。Evercore ISI的一份客户报告称：“很难做出比这更有建设性的声明了。”</blockquote></p><p> But this policy of maintaining zero rates and huge bond purchases, even as the economy recovers, is an experiment playing out in real time. The mantra had always been that monetary policy works with long and variable lags. That produced four decades of disinflation.</p><p><blockquote>但这种维持零利率和巨额债券购买的政策，即使在经济复苏的时候，也是一个实时上演的实验。人们一直认为，货币政策的作用具有长期且可变的滞后性。这导致了四十年的通货紧缩。</blockquote></p><p> Waiting until the Fed sees the whites of inflation’s eyes will be a test of this new experimental approach.</p><p><blockquote>等到美联储看到通胀的眼白，将是对这种新实验方法的考验。</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>The Fed Will Wait. That’s a Positive for Stocks and a Departure From the Past.<blockquote>美联储将等待。这对股市来说是积极的，也与过去不同。</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\">\nThe Fed Will Wait. That’s a Positive for Stocks and a Departure From the Past.<blockquote>美联储将等待。这对股市来说是积极的，也与过去不同。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-03-18 08:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>“Don’t fire until you see the whites of their eyes” appears to be the new command from the Federal Reserve.</p><p><blockquote>“在看到他们的眼白之前不要开火”似乎是美联储的新命令。</blockquote></p><p> Any prospect—indeed even any discussion—of interest-rate increases or reductions in securities purchases by the central bank will depend on the Fed having its goals in sight, not just in its forecasts, Fed Chairman Jerome Powell emphasized at a press conference on Wednesday. That doesn’t seem likely soon.</p><p><blockquote>美联储主席杰罗姆·鲍威尔在周三的新闻发布会上强调，美联储加息或减少证券购买的任何前景——甚至任何讨论——都将取决于美联储的目标，而不仅仅是预测。这似乎不太可能很快。</blockquote></p><p> Powell’s comments were clearly aimed atheightened expectationsthat the Fed could raise rates multiple times by 2023, which in turn has lifted intermediate- and long-term Treasury yields. Those expectations pushed the benchmark 10-year Treasury yield to 1.68% at midday Wednesday, the highest level since January 2020. That benchmark yield eased back to 1.62% by the end of Powell’s press conference, which, in turn, lifted stocks. The&nbsp;Dow Jones Industrial Average&nbsp;ended the day 0.6% higher and&nbsp;closed above the 33,000 mark&nbsp;for the first time.</p><p><blockquote>鲍威尔的言论显然是为了提高人们对美联储可能在2023年之前多次加息的预期，这反过来又提高了中长期国债收益率。这些预期推动基准10年期国债收益率周三午盘升至1.68%，为2020年1月以来的最高水平。鲍威尔新闻发布会结束时，基准收益率回落至1.62%，这反过来提振了股市。道琼斯工业平均指数收盘上涨0.6%，首次收于33,000点上方。</blockquote></p><p> Powell’s remarks followed the release of the&nbsp;Federal Open Market Committee’s policy statement, which, as universally expected, contained no changes in its near-zero federal-funds target or its $120 billion monthly purchases of Treasury and agency mortgage-backed securities.</p><p><blockquote>鲍威尔发表上述言论之前，联邦公开市场委员会发布了政策声明，正如普遍预期的那样，该声明没有改变其接近于零的联邦基金目标或每月购买1200亿美元的国债和机构抵押贷款支持证券。</blockquote></p><p> Neither was it surprising that the Fed’s new&nbsp;Summary of Economic Projections&nbsp;contained significant upgrades to the central bank’s outlook for economic growth from its previous one released last December. Real gross domestic product is now expected to grow 6.5% in 2021, up from 4.2% previously, thanks to a boost from the recently enacted $1.9 trillion fiscal package. Similarly, the panel’s projection for unemployment is lowered and its expectation for inflation was increased slightly. Forecasts for 2022 and 2023 also were tweaked.</p><p><blockquote>美联储新的经济预测摘要对去年12月发布的经济增长前景进行了大幅上调，这也不足为奇。由于最近颁布的1.9万亿美元财政计划的提振，目前预计2021年实际国内生产总值将增长6.5%，高于此前的4.2%。同样，该小组对失业率的预测也有所降低，对通胀的预期也略有提高。对2022年和2023年的预测也进行了调整。</blockquote></p><p> But the main message Powell conveyed was clear: The Fed will continue to maintain its ultra-accommodative policy until the monetary authorities are convinced its policy goals are in sight. That would mark a sharp departure from the practice of monetary policy for more than a generation.</p><p><blockquote>但鲍威尔传达的主要信息很明确：美联储将继续维持超宽松政策，直到货币当局确信其政策目标在望。这将标志着一代人多来货币政策实践的急剧背离。</blockquote></p><p> The accepted modus operandi has been for the Fed to head off an increase in inflation by pre-emptively tightening monetary policy when what it considered to be full employment was in its forecast. Not only did the Fed’s target for full employment keep changing—falling from 6%, to 5%, and so on, until the jobless rate hit 3.5% in early 2020 before the pandemic—but inflation continuously fell short of the Fed’s 2% target.</p><p><blockquote>公认的做法是，美联储在预测充分就业时，通过先发制人地收紧货币政策来阻止通胀上升。不仅美联储的充分就业目标不断变化——从6%下降到5%，等等，直到2020年初疫情爆发前失业率达到3.5%——而且通胀也持续低于美联储2%的目标。</blockquote></p><p> While the Fed’s so-called dot plot of rate expectations showed seven out of 18 FOMC members anticipated an increase in the fed-funds rate in 2023, Powell continually took pains to say those are only estimates of where the individual Fed governors and district presidents think the rate might be based on their individual forecasts. Not only is that a long ways off in the future, Powell noted, but the forecasts are even more uncertain than usual.</p><p><blockquote>尽管美联储所谓的利率预期点阵图显示，18名FOMC成员中有7名预计2023年联邦基金利率上调，但鲍威尔不断煞费苦心地表示，这些只是个别美联储理事和地区主席的估计。认为利率可能基于他们个人的预测。鲍威尔指出，这不仅距离未来还有很长的路要走，而且预测比平时更加不确定。</blockquote></p><p> Meanwhile, the Fed will be keeping its foot down on the monetary gas pedal. Financial conditions remain extremely accommodative, as indicated by the Dow’s record plus still historically low interest rates and tight credit spreads, which Powell called appropriate. What would be worrisome would be if financial conditions became disorderly.</p><p><blockquote>与此同时，美联储将继续踩下货币油门。金融状况仍然极其宽松，道琼斯指数创纪录，利率仍处于历史低位，信贷利差紧张，鲍威尔称这是适当的。令人担忧的是，如果金融状况变得无序。</blockquote></p><p> Powell didn’t think any change in the Fed’s bond purchases was needed in the face of higher yields at the long end of the Treasury market. He called the central bank’s purchases across the yield curve appropriate and didn’t see the need to skew its buying to try to pressure longer-term yields lower. Some central banks abroad, notably the Reserve Bank of Australia, have tried to manipulate bond markets by&nbsp;shifting their purchases.</p><p><blockquote>鲍威尔认为，面对国债市场长端收益率走高，美联储不需要对债券购买做出任何改变。他称央行在收益率曲线上的购买是适当的，并且认为没有必要扭曲其购买来试图压低长期收益率。一些海外央行，特别是澳大利亚储备银行，试图通过转移购买来操纵债券市场。</blockquote></p><p> Even with the headline measures of unemployment expected by the Fed to drop from 6.2% last month to 4.5% by year end and 3.9% by the end of 2022, Powell emphasized that the total number of jobs remains more than 9 million below where it stood before the pandemic. Inflation also would have to show more than a transitory rise from the depressed levels of a year ago and stay above the 2% target for some time for the Fed to change its stance.</p><p><blockquote>尽管美联储预计总体失业率指标将从上个月的6.2%降至年底的4.5%和2022年底的3.9%，但鲍威尔强调，就业岗位总数仍比疫情之前的水平低900万个以上。通胀还必须从一年前的低迷水平暂时上升，并在一段时间内保持在2%的目标之上，美联储才能改变立场。</blockquote></p><p> Keeping Fed policy easy while the economy recovers clearly is bullish for financial markets. “It would be hard to craft a more constructive statement than this,” a client note from Evercore ISI asserted.</p><p><blockquote>在经济明显复苏的同时，美联储保持宽松政策对金融市场有利。Evercore ISI的一份客户报告称：“很难做出比这更有建设性的声明了。”</blockquote></p><p> But this policy of maintaining zero rates and huge bond purchases, even as the economy recovers, is an experiment playing out in real time. The mantra had always been that monetary policy works with long and variable lags. That produced four decades of disinflation.</p><p><blockquote>但这种维持零利率和巨额债券购买的政策，即使在经济复苏的时候，也是一个实时上演的实验。人们一直认为，货币政策的作用具有长期且可变的滞后性。这导致了四十年的通货紧缩。</blockquote></p><p> Waiting until the Fed sees the whites of inflation’s eyes will be a test of this new experimental approach.</p><p><blockquote>等到美联储看到通胀的眼白，将是对这种新实验方法的考验。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/the-fed-will-wait-thats-a-positive-for-stocks-and-a-departure-from-the-past-51616022872?mod=hp_LEAD_1\">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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/the-fed-will-wait-thats-a-positive-for-stocks-and-a-departure-from-the-past-51616022872?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196092062","content_text":"“Don’t fire until you see the whites of their eyes” appears to be the new command from the Federal Reserve.\nAny prospect—indeed even any discussion—of interest-rate increases or reductions in securities purchases by the central bank will depend on the Fed having its goals in sight, not just in its forecasts, Fed Chairman Jerome Powell emphasized at a press conference on Wednesday. That doesn’t seem likely soon.\nPowell’s comments were clearly aimed atheightened expectationsthat the Fed could raise rates multiple times by 2023, which in turn has lifted intermediate- and long-term Treasury yields. Those expectations pushed the benchmark 10-year Treasury yield to 1.68% at midday Wednesday, the highest level since January 2020. That benchmark yield eased back to 1.62% by the end of Powell’s press conference, which, in turn, lifted stocks. The Dow Jones Industrial Average ended the day 0.6% higher and closed above the 33,000 mark for the first time.\nPowell’s remarks followed the release of the Federal Open Market Committee’s policy statement, which, as universally expected, contained no changes in its near-zero federal-funds target or its $120 billion monthly purchases of Treasury and agency mortgage-backed securities.\nNeither was it surprising that the Fed’s new Summary of Economic Projections contained significant upgrades to the central bank’s outlook for economic growth from its previous one released last December. Real gross domestic product is now expected to grow 6.5% in 2021, up from 4.2% previously, thanks to a boost from the recently enacted $1.9 trillion fiscal package. Similarly, the panel’s projection for unemployment is lowered and its expectation for inflation was increased slightly. Forecasts for 2022 and 2023 also were tweaked.\nBut the main message Powell conveyed was clear: The Fed will continue to maintain its ultra-accommodative policy until the monetary authorities are convinced its policy goals are in sight. That would mark a sharp departure from the practice of monetary policy for more than a generation.\nThe accepted modus operandi has been for the Fed to head off an increase in inflation by pre-emptively tightening monetary policy when what it considered to be full employment was in its forecast. Not only did the Fed’s target for full employment keep changing—falling from 6%, to 5%, and so on, until the jobless rate hit 3.5% in early 2020 before the pandemic—but inflation continuously fell short of the Fed’s 2% target.\nWhile the Fed’s so-called dot plot of rate expectations showed seven out of 18 FOMC members anticipated an increase in the fed-funds rate in 2023, Powell continually took pains to say those are only estimates of where the individual Fed governors and district presidents think the rate might be based on their individual forecasts. Not only is that a long ways off in the future, Powell noted, but the forecasts are even more uncertain than usual.\nMeanwhile, the Fed will be keeping its foot down on the monetary gas pedal. Financial conditions remain extremely accommodative, as indicated by the Dow’s record plus still historically low interest rates and tight credit spreads, which Powell called appropriate. What would be worrisome would be if financial conditions became disorderly.\nPowell didn’t think any change in the Fed’s bond purchases was needed in the face of higher yields at the long end of the Treasury market. He called the central bank’s purchases across the yield curve appropriate and didn’t see the need to skew its buying to try to pressure longer-term yields lower. Some central banks abroad, notably the Reserve Bank of Australia, have tried to manipulate bond markets by shifting their purchases.\nEven with the headline measures of unemployment expected by the Fed to drop from 6.2% last month to 4.5% by year end and 3.9% by the end of 2022, Powell emphasized that the total number of jobs remains more than 9 million below where it stood before the pandemic. Inflation also would have to show more than a transitory rise from the depressed levels of a year ago and stay above the 2% target for some time for the Fed to change its stance.\nKeeping Fed policy easy while the economy recovers clearly is bullish for financial markets. “It would be hard to craft a more constructive statement than this,” a client note from Evercore ISI asserted.\nBut this policy of maintaining zero rates and huge bond purchases, even as the economy recovers, is an experiment playing out in real time. The mantra had always been that monetary policy works with long and variable lags. That produced four decades of disinflation.\nWaiting until the Fed sees the whites of inflation’s eyes will be a test of this new experimental approach.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":566,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":353683940,"gmtCreate":1616491448580,"gmtModify":1634525557100,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"excited to be living in these times&nbsp;","listText":"excited to be living in these times&nbsp;","text":"excited to be living in these times","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/353683940","repostId":"2121488720","repostType":2,"isVote":1,"tweetType":1,"viewCount":546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354192664,"gmtCreate":1617149907758,"gmtModify":1634522430162,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"nothing on $nflx really excites me anymore&nbsp;","listText":"nothing on $nflx really excites me anymore&nbsp;","text":"nothing on $nflx really excites me anymore","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/354192664","repostId":"2123412248","repostType":4,"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340741390,"gmtCreate":1617498603610,"gmtModify":1634520789961,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"haha what is 4000 compared to 180,000.. the 238% is just misleading.&nbsp;","listText":"haha what is 4000 compared to 180,000.. the 238% is just misleading.&nbsp;","text":"haha what is 4000 compared to 180,000.. the 238% is just misleading.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340741390","repostId":"1168930514","repostType":4,"repost":{"id":"1168930514","kind":"news","pubTimestamp":1617332876,"share":"https://www.laohu8.com/m/news/1168930514?lang=zh_CN&edition=full","pubTime":"2021-04-02 11:07","market":"us","language":"en","title":"Li Auto Inc. March 2021 Delivery Update<blockquote>理想汽车公司2021年3月交付更新</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1168930514","media":"globenewswire","summary":"BEIJING, China, April 02, 2021  -- Li Auto Inc.  , an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year.As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to rob","content":"<p>BEIJING, China, April 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year.</p><p><blockquote>中国北京，2021年4月2日（环球通讯社）——中国新能源汽车市场的创新者理想汽车公司（“理想汽车”或“公司”）（纳斯达克：LI）今天宣布，该公司2021年3月交付Li 4900辆，同比增长238.6%。这使得2021年第一季度的交付量达到12,579辆，同比增长334.4%。</blockquote></p><p>As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to robust demand for Li ONEs and in anticipation of new model launches in 2022 and beyond, Li Auto plans to further bolster its direct sales and servicing network.</p><p><blockquote>截至2021年3月31日，公司在49个城市拥有65家零售店，在98个城市运营135家服务中心以及理想汽车授权的车身和喷漆店。为了应对Li One的强劲需求以及2022年及以后推出新车型的预期，理想汽车计划进一步加强其直销和服务网络。</blockquote></p><p><b>About Li Auto Inc.</b></p><p><blockquote><b>关于理想汽车公司。</b></blockquote></p><p>Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium electric SUV equipped with a range extension system and cutting-edge smart vehicle solutions. The Company started volume production of Li ONE in November 2019 and delivered over 33,500 Li ONEs as of December 31, 2020. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.</p><p><blockquote>理想汽车公司是中国新能源汽车市场的创新者。该公司设计、开发、制造和销售高端智能电动汽车。公司通过产品、技术、商业模式的创新，为家庭提供安全、便捷、精细化的产品和服务。理想汽车是国内成功实现增程式电动汽车商业化的先行者。其首款车型理想ONE是一款六座大型高级电动SUV，配备增程系统和前沿智能车载解决方案。该公司于2019年11月开始量产理想ONE，截至2020年12月31日已交付超过33,500辆理想ONE。该公司利用技术为用户创造价值。它将内部开发工作集中在其专有的增程系统、下一代电动汽车技术和智能汽车解决方案上。除了Li ONE之外，该公司还旨在通过开发新车（包括纯电动汽车和电动汽车）来扩大其产品线，以瞄准更广泛的消费者群体。</blockquote></p><p>For more information, please visit:<i>http://ir.lixiang.com</i>.</p><p><blockquote>欲了解更多信息，请访问：<i>http://ir.lixiang.com</i>.</blockquote></p><p></p>","source":"lsy1573717531661","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>Li Auto Inc. March 2021 Delivery Update<blockquote>理想汽车公司2021年3月交付更新</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\">\nLi Auto Inc. March 2021 Delivery Update<blockquote>理想汽车公司2021年3月交付更新</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">globenewswire</strong><span class=\"h-time small\">2021-04-02 11:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p>BEIJING, China, April 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year.</p><p><blockquote>中国北京，2021年4月2日（环球通讯社）——中国新能源汽车市场的创新者理想汽车公司（“理想汽车”或“公司”）（纳斯达克：LI）今天宣布，该公司2021年3月交付Li 4900辆，同比增长238.6%。这使得2021年第一季度的交付量达到12,579辆，同比增长334.4%。</blockquote></p><p>As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to robust demand for Li ONEs and in anticipation of new model launches in 2022 and beyond, Li Auto plans to further bolster its direct sales and servicing network.</p><p><blockquote>截至2021年3月31日，公司在49个城市拥有65家零售店，在98个城市运营135家服务中心以及理想汽车授权的车身和喷漆店。为了应对Li One的强劲需求以及2022年及以后推出新车型的预期，理想汽车计划进一步加强其直销和服务网络。</blockquote></p><p><b>About Li Auto Inc.</b></p><p><blockquote><b>关于理想汽车公司。</b></blockquote></p><p>Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium electric SUV equipped with a range extension system and cutting-edge smart vehicle solutions. The Company started volume production of Li ONE in November 2019 and delivered over 33,500 Li ONEs as of December 31, 2020. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.</p><p><blockquote>理想汽车公司是中国新能源汽车市场的创新者。该公司设计、开发、制造和销售高端智能电动汽车。公司通过产品、技术、商业模式的创新，为家庭提供安全、便捷、精细化的产品和服务。理想汽车是国内成功实现增程式电动汽车商业化的先行者。其首款车型理想ONE是一款六座大型高级电动SUV，配备增程系统和前沿智能车载解决方案。该公司于2019年11月开始量产理想ONE，截至2020年12月31日已交付超过33,500辆理想ONE。该公司利用技术为用户创造价值。它将内部开发工作集中在其专有的增程系统、下一代电动汽车技术和智能汽车解决方案上。除了Li ONE之外，该公司还旨在通过开发新车（包括纯电动汽车和电动汽车）来扩大其产品线，以瞄准更广泛的消费者群体。</blockquote></p><p>For more information, please visit:<i>http://ir.lixiang.com</i>.</p><p><blockquote>欲了解更多信息，请访问：<i>http://ir.lixiang.com</i>.</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"http://www.globenewswire.com/news-release/2021/04/02/2203765/0/en/Li-Auto-Inc-March-2021-Delivery-Update.html\">globenewswire</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":{"LI":"理想汽车"},"source_url":"http://www.globenewswire.com/news-release/2021/04/02/2203765/0/en/Li-Auto-Inc-March-2021-Delivery-Update.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168930514","content_text":"BEIJING, China, April 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year.As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to robust demand for Li ONEs and in anticipation of new model launches in 2022 and beyond, Li Auto plans to further bolster its direct sales and servicing network.About Li Auto Inc.Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and refined products and services. Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium electric SUV equipped with a range extension system and cutting-edge smart vehicle solutions. The Company started volume production of Li ONE in November 2019 and delivered over 33,500 Li ONEs as of December 31, 2020. The Company leverages technology to create value for its users. It concentrates its in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles, including BEVs and EREVs, to target a broader consumer base.For more information, please visit:http://ir.lixiang.com.","news_type":1,"symbols_score_info":{"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":2499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357672944,"gmtCreate":1617272885688,"gmtModify":1634521683740,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"green!&nbsp;","listText":"green!&nbsp;","text":"green!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/357672944","repostId":"1147807978","repostType":4,"repost":{"id":"1147807978","kind":"news","pubTimestamp":1617267580,"share":"https://www.laohu8.com/m/news/1147807978?lang=zh_CN&edition=full","pubTime":"2021-04-01 16:59","market":"us","language":"en","title":"Why Tesla Stock Jumped on Wednesday<blockquote>为什么特斯拉股价周三上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147807978","media":"Motley Fool","summary":"One analyst thinks the company's first-quarter deliveries will be higher than analysts' average fore","content":"<p>  One analyst thinks the company's first-quarter deliveries will be higher than analysts' average forecast.  <b>What happened</b></p><p><blockquote>一位分析师认为该公司第一季度的交付量将高于分析师的平均预期。<b>发生了什么</b></blockquote></p><p> Shares of electric-car maker and green-energy specialist<b>Tesla</b>(NASDAQ:TSLA)soared on Wednesday, jumping about 4.7% by 1:30 p.m. EDT.</p><p><blockquote>电动汽车制造商和绿色能源专家的股票<b>特斯拉</b>（纳斯达克：TSLA）周三飙升，截至美国东部时间下午1:30上涨约4.7%。</blockquote></p><p> The stock's gain is likely fueled by both an optimistic day in the overall market and an analyst note expressing a bullish view for the auto company's first-quarter deliveries.</p><p><blockquote>该股的上涨可能受到整体市场乐观的一天以及分析师对该汽车公司第一季度交付量持乐观态度的报告的推动。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> In an upbeat day on Wall Street, the<b>S&amp;P 500</b>was up about 0.8% as of this writing on Wednesday. The tech-heavy<b>Nasdaq Composite</b>&nbsp;had gained more than 1.8%. Manygrowth stockslike Tesla were up even more.</p><p><blockquote>在华尔街乐观的一天，<b>标普500</b>截至周三撰写本文时，该股上涨了约0.8%。科技含量高<b>纳斯达克复合材料</b>涨幅超过1.8%。特斯拉等许多成长型股票涨幅更大。</blockquote></p><p> For two trading days in a row, growth stocks generally seem to be rebounding from a brutal sell-off that occurred between mid-February and late March.</p><p><blockquote>连续两个交易日，成长股似乎普遍从2月中旬至3月下旬发生的残酷抛售中反弹。</blockquote></p><p> Relating to Tesla specifically, Wedbush analyst Daniel Ives said on Wednesday that he believes Tesla's first-quarter deliveries will exceed analyst expectations for the period.</p><p><blockquote>具体到特斯拉，Wedbush分析师Daniel Ives周三表示，他相信特斯拉第一季度的交付量将超过分析师对此期间的预期。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> There's a lot of uncertainty around Tesla's first-quarter deliveries due to semiconductor supply shortages that have weighed on broader auto production. But Ives thinks that strong deliveries in the U.S. and China will help the company report better-than-expected deliveries.</p><p><blockquote>由于半导体供应短缺给更广泛的汽车生产带来压力，特斯拉第一季度的交付量存在很多不确定性。但艾夫斯认为，美国和中国的强劲交付将有助于该公司报告好于预期的交付量。</blockquote></p><p> Though Tesla's quarterly deliveries are expected to be lower sequentially, analysts are generally modeling for extremely strong year-over-year growth of around 80% to 90%.</p><p><blockquote>尽管特斯拉的季度交付量预计将环比下降，但分析师普遍预计同比增长将达到80%至90%左右。</blockquote></p><p> Tesla will likely report its first-quarter vehicle deliveries on Friday or Saturday.</p><p><blockquote>特斯拉可能会在周五或周六公布第一季度汽车交付情况。</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>Why Tesla Stock Jumped on Wednesday<blockquote>为什么特斯拉股价周三上涨</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\">\nWhy Tesla Stock Jumped on Wednesday<blockquote>为什么特斯拉股价周三上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-04-01 16:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  One analyst thinks the company's first-quarter deliveries will be higher than analysts' average forecast.  <b>What happened</b></p><p><blockquote>一位分析师认为该公司第一季度的交付量将高于分析师的平均预期。<b>发生了什么</b></blockquote></p><p> Shares of electric-car maker and green-energy specialist<b>Tesla</b>(NASDAQ:TSLA)soared on Wednesday, jumping about 4.7% by 1:30 p.m. EDT.</p><p><blockquote>电动汽车制造商和绿色能源专家的股票<b>特斯拉</b>（纳斯达克：TSLA）周三飙升，截至美国东部时间下午1:30上涨约4.7%。</blockquote></p><p> The stock's gain is likely fueled by both an optimistic day in the overall market and an analyst note expressing a bullish view for the auto company's first-quarter deliveries.</p><p><blockquote>该股的上涨可能受到整体市场乐观的一天以及分析师对该汽车公司第一季度交付量持乐观态度的报告的推动。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> In an upbeat day on Wall Street, the<b>S&amp;P 500</b>was up about 0.8% as of this writing on Wednesday. The tech-heavy<b>Nasdaq Composite</b>&nbsp;had gained more than 1.8%. Manygrowth stockslike Tesla were up even more.</p><p><blockquote>在华尔街乐观的一天，<b>标普500</b>截至周三撰写本文时，该股上涨了约0.8%。科技含量高<b>纳斯达克复合材料</b>涨幅超过1.8%。特斯拉等许多成长型股票涨幅更大。</blockquote></p><p> For two trading days in a row, growth stocks generally seem to be rebounding from a brutal sell-off that occurred between mid-February and late March.</p><p><blockquote>连续两个交易日，成长股似乎普遍从2月中旬至3月下旬发生的残酷抛售中反弹。</blockquote></p><p> Relating to Tesla specifically, Wedbush analyst Daniel Ives said on Wednesday that he believes Tesla's first-quarter deliveries will exceed analyst expectations for the period.</p><p><blockquote>具体到特斯拉，Wedbush分析师Daniel Ives周三表示，他相信特斯拉第一季度的交付量将超过分析师对此期间的预期。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> There's a lot of uncertainty around Tesla's first-quarter deliveries due to semiconductor supply shortages that have weighed on broader auto production. But Ives thinks that strong deliveries in the U.S. and China will help the company report better-than-expected deliveries.</p><p><blockquote>由于半导体供应短缺给更广泛的汽车生产带来压力，特斯拉第一季度的交付量存在很多不确定性。但艾夫斯认为，美国和中国的强劲交付将有助于该公司报告好于预期的交付量。</blockquote></p><p> Though Tesla's quarterly deliveries are expected to be lower sequentially, analysts are generally modeling for extremely strong year-over-year growth of around 80% to 90%.</p><p><blockquote>尽管特斯拉的季度交付量预计将环比下降，但分析师普遍预计同比增长将达到80%至90%左右。</blockquote></p><p> Tesla will likely report its first-quarter vehicle deliveries on Friday or Saturday.</p><p><blockquote>特斯拉可能会在周五或周六公布第一季度汽车交付情况。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/03/31/why-tesla-stock-jumped-on-wednesday/\">Motley Fool</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":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/03/31/why-tesla-stock-jumped-on-wednesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147807978","content_text":"One analyst thinks the company's first-quarter deliveries will be higher than analysts' average forecast.\n\nWhat happened\nShares of electric-car maker and green-energy specialistTesla(NASDAQ:TSLA)soared on Wednesday, jumping about 4.7% by 1:30 p.m. EDT.\nThe stock's gain is likely fueled by both an optimistic day in the overall market and an analyst note expressing a bullish view for the auto company's first-quarter deliveries.\nSo what\nIn an upbeat day on Wall Street, theS&P 500was up about 0.8% as of this writing on Wednesday. The tech-heavyNasdaq Composite had gained more than 1.8%. Manygrowth stockslike Tesla were up even more.\nFor two trading days in a row, growth stocks generally seem to be rebounding from a brutal sell-off that occurred between mid-February and late March.\nRelating to Tesla specifically, Wedbush analyst Daniel Ives said on Wednesday that he believes Tesla's first-quarter deliveries will exceed analyst expectations for the period.\nNow what\nThere's a lot of uncertainty around Tesla's first-quarter deliveries due to semiconductor supply shortages that have weighed on broader auto production. But Ives thinks that strong deliveries in the U.S. and China will help the company report better-than-expected deliveries.\nThough Tesla's quarterly deliveries are expected to be lower sequentially, analysts are generally modeling for extremely strong year-over-year growth of around 80% to 90%.\nTesla will likely report its first-quarter vehicle deliveries on Friday or Saturday.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351120367,"gmtCreate":1616576519359,"gmtModify":1634525121710,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"buy more btc now to get a discount for yourtesla&nbsp;","listText":"buy more btc now to get a discount for yourtesla&nbsp;","text":"buy more btc now to get a discount for yourtesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/351120367","repostId":"2121459380","repostType":2,"isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342663262,"gmtCreate":1618211387556,"gmtModify":1634294403522,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"at least there are&nbsp;news on the company now&nbsp;","listText":"at least there are&nbsp;news on the company now&nbsp;","text":"at least there are news on the company now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342663262","repostId":"1128713746","repostType":4,"isVote":1,"tweetType":1,"viewCount":2011,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343775474,"gmtCreate":1617758879998,"gmtModify":1634296690785,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"just be sure of your investment plan&nbsp;","listText":"just be sure of your investment plan&nbsp;","text":"just be sure of your investment plan","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/343775474","repostId":"1101907559","repostType":4,"repost":{"id":"1101907559","kind":"news","pubTimestamp":1617672655,"share":"https://www.laohu8.com/m/news/1101907559?lang=zh_CN&edition=full","pubTime":"2021-04-06 09:30","market":"us","language":"en","title":"Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101907559","media":"marketwatch","summary":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were","content":"<p>  <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>  Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p><p><blockquote><b>目前，没有人能肯定地说，所谓的家族办公室数十亿美元的投资损失不会蔓延。</b>金融危机从来都不完全一样。20世纪80年代末，美国近三分之一的储蓄和贷款协会倒闭，最终获得了约2650亿美元的纳税人救助（按2021年计算）。</blockquote></p><p> In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p><p><blockquote>1997-1998年，亚洲和俄国的金融危机导致美国最大的对冲基金——长期资本管理公司（LTCM）几近崩溃。它的影响力和运营实践如此之大，以至于美联储主席艾伦·格林斯潘说，当LTCM失败时，“他一生中从未见过任何与他所感受到的恐怖相比的事情”。LTCM被认为“太大而不能倒”，他策划了对14家美国主要金融机构的救助。</blockquote></p><p> Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p><p><blockquote>整整十年后，其中一些机构的过度杠杆化，以及美国房地产泡沫的破裂，导致美国金融体系几近崩溃。大银行再一次被认为太大而不能倒，纳税人前来救援。</blockquote></p><p> The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p><p><blockquote>趋势？每隔10年左右，它们看起来都不一样。随着家族办公室Archegos Capital Management LP的爆发，我们现在是否正处于新危机的早期阶段？</blockquote></p><p> A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p><p><blockquote>对于外行人来说，家族办公室是超级富豪的私人财富管理工具。这就是我所说的超级富豪的意思：咨询公司安永估计全球约有10,000个家族理财室，但市场研究公司Campden Research的另一项估计称，管理家族理财室的规模接近6万亿美元。鉴于这6万亿美元是基于2019年的数据，现在可能要高得多。</blockquote></p><p> <b>Unregulated money managers</b></p><p><blockquote><b>不受监管的基金经理</b></blockquote></p><p> Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p><p><blockquote>这是潜在的危险。家族理财室通常不受监管。1940年《投资顾问法》规定，拥有15名或更少客户的公司无需向美国证券交易委员会注册。这意味着数万亿美元正在发挥作用，没有人能真正说出谁在管理这笔钱，它投资于什么，使用了多少杠杆，以及可能存在什么样的交易对手风险。（交易对手风险是指参与金融交易的一方可能违反对另一方的合同义务的概率。）</blockquote></p><p> This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p><p><blockquote>Archegos似乎就是这种情况。该公司大举押注某些中国股票，包括电子商务公司唯品会控股有限公司VIPS，-1.19%，在美国上市的中国家教公司跟谁学GSX，-10.63%，以及美国媒体公司维亚康姆哥伦比亚广播公司VIAC，-3.90%和Discovery Inc.DISCA，-3.86%等。最近股价暴跌，引发Archegos的大量抛售（约300亿美元）。</blockquote></p><p> The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p><p><blockquote>问题是，其中只有大约三分之一，即100亿美元，是它自己的钱。我们现在知道Archegos与华尔街的一些大牌合作，包括瑞士信贷集团AGCS，+1.59%，瑞银集团AGUBS，+1.01%，高盛集团Inc.GS，-1.25%，摩根士丹利MS，-0.28%，德意志银行AGDB，+0.74%，野村控股公司NMR，+1.87%。</blockquote></p><p> But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p><p><blockquote>但由于家族办公室在很大程度上被允许不受监管地运营，谁能说这里真正涉及多少资金以及市场风险有多大？我的同事Mark DeCambre上周报告称，Archegos对不良交易的真实敞口实际上可能接近1000亿美元。</blockquote></p><p> <b>Danger of counterparty risk</b></p><p><blockquote><b>交易对手风险的危险性</b></blockquote></p><p> This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p><p><blockquote>这就是交易对手风险的用武之地。随着Archegos的赌注落空，上述银行考虑到自己的损失，以保证金评级打击了该公司。德意志银行迅速抛售了约40亿美元的持股，而高盛和摩根士丹利据说也已平仓，这或许限制了它们的下跌空间。</blockquote></p><p> So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p><p><blockquote>那么这是金融危机吗？似乎不是。即便如此，美国证券交易委员会还是对Archegos及其创始人Bill Hwang展开了初步调查。</blockquote></p><p> One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p><p><blockquote>Fundstrat Global Advisors的研究主管Tom Lee是他认识的“十大最佳投资头脑”之一的评级·黄。</blockquote></p><p> But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p><p><blockquote>但联邦监管机构的意见可能较少。2012年，黄禹锡的前对冲基金老虎亚洲管理公司(Tiger Asia Management)认罪并支付了超过6000万美元的罚款，此前该公司被指控利用有关中国银行的非法线索进行交易。美国证券交易委员会禁止黄禹锡代表客户管理资金——实质上是将他踢出对冲基金行业。因此，Hwang开设了Archegos，同样，家族理财室通常不受监管。</blockquote></p><p> <b>Yellen on the case</b></p><p><blockquote><b>耶伦谈此案</b></blockquote></p><p> This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p><p><blockquote>这个问题引起了财政部长珍妮特·耶伦的关注。她上周表示，需要加强对金融业这些私人角落的监管。她监管的金融稳定监督委员会（FSOC）重新成立了一个工作组，以帮助各机构更好地“共享数据、识别风险并努力加强我们的金融体系”。</blockquote></p><p></p><p> Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p><p><blockquote>大多数金融危机最终都是美国纳税人陷入困境。收益属于冒险者。但是损失——它们属于我们。套用亚伯·林肯（Abe Lincoln）的话，家族办公室——一个价值数万亿美元的行业，在一个比以往任何时候都更加交织在一起的全球金融体系中，很大程度上被允许在阴影中运作——属于超级富豪，由超级富豪经营，为超级富豪服务。没有其他人。</blockquote></p><p> The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p><p><blockquote>Archegos的倒闭可能是也可能不是另一场金融危机的开始。但谁能说其他数千家家族理财室正在用他们的数万亿美元做什么，以及类似的问题是否会爆发？</blockquote></p><p></p>","source":"lsy1603348471595","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>Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</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\">\nOpinion: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-04-06 09:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>  Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p><p><blockquote><b>目前，没有人能肯定地说，所谓的家族办公室数十亿美元的投资损失不会蔓延。</b>金融危机从来都不完全一样。20世纪80年代末，美国近三分之一的储蓄和贷款协会倒闭，最终获得了约2650亿美元的纳税人救助（按2021年计算）。</blockquote></p><p> In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p><p><blockquote>1997-1998年，亚洲和俄国的金融危机导致美国最大的对冲基金——长期资本管理公司（LTCM）几近崩溃。它的影响力和运营实践如此之大，以至于美联储主席艾伦·格林斯潘说，当LTCM失败时，“他一生中从未见过任何与他所感受到的恐怖相比的事情”。LTCM被认为“太大而不能倒”，他策划了对14家美国主要金融机构的救助。</blockquote></p><p> Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p><p><blockquote>整整十年后，其中一些机构的过度杠杆化，以及美国房地产泡沫的破裂，导致美国金融体系几近崩溃。大银行再一次被认为太大而不能倒，纳税人前来救援。</blockquote></p><p> The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p><p><blockquote>趋势？每隔10年左右，它们看起来都不一样。随着家族办公室Archegos Capital Management LP的爆发，我们现在是否正处于新危机的早期阶段？</blockquote></p><p> A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p><p><blockquote>对于外行人来说，家族办公室是超级富豪的私人财富管理工具。这就是我所说的超级富豪的意思：咨询公司安永估计全球约有10,000个家族理财室，但市场研究公司Campden Research的另一项估计称，管理家族理财室的规模接近6万亿美元。鉴于这6万亿美元是基于2019年的数据，现在可能要高得多。</blockquote></p><p> <b>Unregulated money managers</b></p><p><blockquote><b>不受监管的基金经理</b></blockquote></p><p> Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p><p><blockquote>这是潜在的危险。家族理财室通常不受监管。1940年《投资顾问法》规定，拥有15名或更少客户的公司无需向美国证券交易委员会注册。这意味着数万亿美元正在发挥作用，没有人能真正说出谁在管理这笔钱，它投资于什么，使用了多少杠杆，以及可能存在什么样的交易对手风险。（交易对手风险是指参与金融交易的一方可能违反对另一方的合同义务的概率。）</blockquote></p><p> This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p><p><blockquote>Archegos似乎就是这种情况。该公司大举押注某些中国股票，包括电子商务公司唯品会控股有限公司VIPS，-1.19%，在美国上市的中国家教公司跟谁学GSX，-10.63%，以及美国媒体公司维亚康姆哥伦比亚广播公司VIAC，-3.90%和Discovery Inc.DISCA，-3.86%等。最近股价暴跌，引发Archegos的大量抛售（约300亿美元）。</blockquote></p><p> The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p><p><blockquote>问题是，其中只有大约三分之一，即100亿美元，是它自己的钱。我们现在知道Archegos与华尔街的一些大牌合作，包括瑞士信贷集团AGCS，+1.59%，瑞银集团AGUBS，+1.01%，高盛集团Inc.GS，-1.25%，摩根士丹利MS，-0.28%，德意志银行AGDB，+0.74%，野村控股公司NMR，+1.87%。</blockquote></p><p> But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p><p><blockquote>但由于家族办公室在很大程度上被允许不受监管地运营，谁能说这里真正涉及多少资金以及市场风险有多大？我的同事Mark DeCambre上周报告称，Archegos对不良交易的真实敞口实际上可能接近1000亿美元。</blockquote></p><p> <b>Danger of counterparty risk</b></p><p><blockquote><b>交易对手风险的危险性</b></blockquote></p><p> This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p><p><blockquote>这就是交易对手风险的用武之地。随着Archegos的赌注落空，上述银行考虑到自己的损失，以保证金评级打击了该公司。德意志银行迅速抛售了约40亿美元的持股，而高盛和摩根士丹利据说也已平仓，这或许限制了它们的下跌空间。</blockquote></p><p> So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p><p><blockquote>那么这是金融危机吗？似乎不是。即便如此，美国证券交易委员会还是对Archegos及其创始人Bill Hwang展开了初步调查。</blockquote></p><p> One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p><p><blockquote>Fundstrat Global Advisors的研究主管Tom Lee是他认识的“十大最佳投资头脑”之一的评级·黄。</blockquote></p><p> But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p><p><blockquote>但联邦监管机构的意见可能较少。2012年，黄禹锡的前对冲基金老虎亚洲管理公司(Tiger Asia Management)认罪并支付了超过6000万美元的罚款，此前该公司被指控利用有关中国银行的非法线索进行交易。美国证券交易委员会禁止黄禹锡代表客户管理资金——实质上是将他踢出对冲基金行业。因此，Hwang开设了Archegos，同样，家族理财室通常不受监管。</blockquote></p><p> <b>Yellen on the case</b></p><p><blockquote><b>耶伦谈此案</b></blockquote></p><p> This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p><p><blockquote>这个问题引起了财政部长珍妮特·耶伦的关注。她上周表示，需要加强对金融业这些私人角落的监管。她监管的金融稳定监督委员会（FSOC）重新成立了一个工作组，以帮助各机构更好地“共享数据、识别风险并努力加强我们的金融体系”。</blockquote></p><p></p><p> Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p><p><blockquote>大多数金融危机最终都是美国纳税人陷入困境。收益属于冒险者。但是损失——它们属于我们。套用亚伯·林肯（Abe Lincoln）的话，家族办公室——一个价值数万亿美元的行业，在一个比以往任何时候都更加交织在一起的全球金融体系中，很大程度上被允许在阴影中运作——属于超级富豪，由超级富豪经营，为超级富豪服务。没有其他人。</blockquote></p><p> The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p><p><blockquote>Archegos的倒闭可能是也可能不是另一场金融危机的开始。但谁能说其他数千家家族理财室正在用他们的数万亿美元做什么，以及类似的问题是否会爆发？</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page\">marketwatch</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":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101907559","content_text":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.\nIn 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.\nExactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.\nThe trend? Every 10 years or so, and they all look different. Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?\nA family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.\nUnregulated money managers\nHere’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)\nThis appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player Vipshop Holdings Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company GSX Techedu Inc.GSX,-10.63%and U.S. media companiesViacomCBS Inc.VIAC,-3.90%and Discovery Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.\nThe problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%, Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc. NMR,+1.87%.\nBut since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.\nDanger of counterparty risk\nThis is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.\nSo is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.\nOne peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.\nBut federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.\nYellen on the case\nThis issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”\nMost financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.\nThe Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1758,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354133909,"gmtCreate":1617150163501,"gmtModify":1634522425415,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"it comes down to your conviction on cryptocurrencies. where do you see BTC or any of the other coins in 5 years?","listText":"it comes down to your conviction on cryptocurrencies. where do you see BTC or any of the other coins in 5 years?","text":"it comes down to your conviction on cryptocurrencies. where do you see BTC or any of the other coins in 5 years?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/354133909","repostId":"1130322587","repostType":4,"repost":{"id":"1130322587","kind":"news","pubTimestamp":1617117829,"share":"https://www.laohu8.com/m/news/1130322587?lang=zh_CN&edition=full","pubTime":"2021-03-30 23:23","market":"fut","language":"en","title":"Gold falls below the $1,700 benchmark<blockquote>金价跌破1700美元关口</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130322587","media":"seekingalpha","summary":"Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down","content":"<p>Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark&nbsp;-1.53%. Gold is down&nbsp;-11.72%&nbsp;YTD and&nbsp;-18.51%&nbsp;since early August of 2020.</p><p><blockquote>黄金在周二的交易中继续下跌，跌破1700美元关口-1.53%。黄金年初至今下跌-11.72%，自2020年8月初以来下跌-18.51%。</blockquote></p><p>Interestingly enough, bitcoin (BTC-USD), on the other hand, is&nbsp;+1.50%&nbsp;on the day and is&nbsp;+102.88%&nbsp;YTD. Some investors see the digital currency stealing market share from gold as investors have chosen the cryptocurrency over gold of late.</p><p><blockquote>有趣的是，另一方面，比特币（BTC-USD）当天上涨1.50%，年初至今上涨102.88%。一些投资者认为数字货币正在抢走黄金的市场份额，因为投资者最近选择了加密货币而不是黄金。</blockquote></p><p>This inverse relationship between gold and bitcoin is not a first-time offense. Dating back to the fourth quarter of 2017, bitcoin ran up over&nbsp;300.00%&nbsp;to its then all-time high of $19,458 back on December 18th. During that time, investors saw gold slide over&nbsp;-7.00%&nbsp;to the downside.</p><p><blockquote>黄金和比特币之间的这种反比关系并不是第一次。追溯到2017年第四季度，比特币股价上涨超过300.00%，至12月18日的历史高点19,458美元。在此期间，投资者看到黄金下跌超过-7.00%。</blockquote></p><p>While it's possible that bitcoin may be stealing a portion of gold's market share, there are still other significant factors at play. The fact that the&nbsp;vaccine rollout continues to strengthen and virus impacts subside doesn't play well for the haven asset.</p><p><blockquote>虽然比特币可能会窃取部分黄金市场份额，但仍有其他重要因素在起作用。事实上，疫苗的推出继续加强，病毒的影响消退，这对避风港资产来说并不好。</blockquote></p><p>Below is a YTD chart of the performance on gold and bitcoin.</p><p><blockquote>以下是年初至今黄金和比特币表现图表。</blockquote></p><p><img src=\"https://static.tigerbbs.com/a204efa6aa1c1a89a34f9ff928318c57\" tg-width=\"624\" tg-height=\"321\" referrerpolicy=\"no-referrer\">For investors looking to learn more about the value of gold, here are a few exchange traded funds worth examining: SPDR Gold Trust ETF(NYSEARCA:GLD), VanEck Vectors Gold Miners ETF(NYSEARCA:GDX), Aberdeen Standard Physical Gold Shares ETF(NYSEARCA:SGOL), and iShares Gold Trust ETF(NYSEARCA:IAU).</p><p><blockquote>对于希望了解更多黄金价值的投资者来说，这里有一些值得研究的交易所交易基金：SPDR Gold Trust ETF(NYSEARCA：GLD)、VanEck Vectors Gold Miners ETF(NYSEARCA：GDX)、Aberdeen Standard Physical Gold Shares ETF(NYSEARCA：SGOL)和iShares Gold Trust ETF(NYSEARCA：IAU)。</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>Gold falls below the $1,700 benchmark<blockquote>金价跌破1700美元关口</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\">\nGold falls below the $1,700 benchmark<blockquote>金价跌破1700美元关口</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-03-30 23:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark&nbsp;-1.53%. Gold is down&nbsp;-11.72%&nbsp;YTD and&nbsp;-18.51%&nbsp;since early August of 2020.</p><p><blockquote>黄金在周二的交易中继续下跌，跌破1700美元关口-1.53%。黄金年初至今下跌-11.72%，自2020年8月初以来下跌-18.51%。</blockquote></p><p>Interestingly enough, bitcoin (BTC-USD), on the other hand, is&nbsp;+1.50%&nbsp;on the day and is&nbsp;+102.88%&nbsp;YTD. Some investors see the digital currency stealing market share from gold as investors have chosen the cryptocurrency over gold of late.</p><p><blockquote>有趣的是，另一方面，比特币（BTC-USD）当天上涨1.50%，年初至今上涨102.88%。一些投资者认为数字货币正在抢走黄金的市场份额，因为投资者最近选择了加密货币而不是黄金。</blockquote></p><p>This inverse relationship between gold and bitcoin is not a first-time offense. Dating back to the fourth quarter of 2017, bitcoin ran up over&nbsp;300.00%&nbsp;to its then all-time high of $19,458 back on December 18th. During that time, investors saw gold slide over&nbsp;-7.00%&nbsp;to the downside.</p><p><blockquote>黄金和比特币之间的这种反比关系并不是第一次。追溯到2017年第四季度，比特币股价上涨超过300.00%，至12月18日的历史高点19,458美元。在此期间，投资者看到黄金下跌超过-7.00%。</blockquote></p><p>While it's possible that bitcoin may be stealing a portion of gold's market share, there are still other significant factors at play. The fact that the&nbsp;vaccine rollout continues to strengthen and virus impacts subside doesn't play well for the haven asset.</p><p><blockquote>虽然比特币可能会窃取部分黄金市场份额，但仍有其他重要因素在起作用。事实上，疫苗的推出继续加强，病毒的影响消退，这对避风港资产来说并不好。</blockquote></p><p>Below is a YTD chart of the performance on gold and bitcoin.</p><p><blockquote>以下是年初至今黄金和比特币表现图表。</blockquote></p><p><img src=\"https://static.tigerbbs.com/a204efa6aa1c1a89a34f9ff928318c57\" tg-width=\"624\" tg-height=\"321\" referrerpolicy=\"no-referrer\">For investors looking to learn more about the value of gold, here are a few exchange traded funds worth examining: SPDR Gold Trust ETF(NYSEARCA:GLD), VanEck Vectors Gold Miners ETF(NYSEARCA:GDX), Aberdeen Standard Physical Gold Shares ETF(NYSEARCA:SGOL), and iShares Gold Trust ETF(NYSEARCA:IAU).</p><p><blockquote>对于希望了解更多黄金价值的投资者来说，这里有一些值得研究的交易所交易基金：SPDR Gold Trust ETF(NYSEARCA：GLD)、VanEck Vectors Gold Miners ETF(NYSEARCA：GDX)、Aberdeen Standard Physical Gold Shares ETF(NYSEARCA：SGOL)和iShares Gold Trust ETF(NYSEARCA：IAU)。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/news/3677654-gold-falls-below-the-1700-benchmark\">seekingalpha</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":"https://static.tigerbbs.com/4be30a3c11bd91e9d1f864c6a098fab1","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3677654-gold-falls-below-the-1700-benchmark","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130322587","content_text":"Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down -11.72% YTD and -18.51% since early August of 2020.Interestingly enough, bitcoin (BTC-USD), on the other hand, is +1.50% on the day and is +102.88% YTD. Some investors see the digital currency stealing market share from gold as investors have chosen the cryptocurrency over gold of late.This inverse relationship between gold and bitcoin is not a first-time offense. Dating back to the fourth quarter of 2017, bitcoin ran up over 300.00% to its then all-time high of $19,458 back on December 18th. During that time, investors saw gold slide over -7.00% to the downside.While it's possible that bitcoin may be stealing a portion of gold's market share, there are still other significant factors at play. The fact that the vaccine rollout continues to strengthen and virus impacts subside doesn't play well for the haven asset.Below is a YTD chart of the performance on gold and bitcoin.For investors looking to learn more about the value of gold, here are a few exchange traded funds worth examining: SPDR Gold Trust ETF(NYSEARCA:GLD), VanEck Vectors Gold Miners ETF(NYSEARCA:GDX), Aberdeen Standard Physical Gold Shares ETF(NYSEARCA:SGOL), and iShares Gold Trust ETF(NYSEARCA:IAU).","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354197226,"gmtCreate":1617150047365,"gmtModify":1634522427439,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"moral of the story is?&nbsp;","listText":"moral of the story is?&nbsp;","text":"moral of the story is?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/354197226","repostId":"1189684251","repostType":4,"isVote":1,"tweetType":1,"viewCount":2809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342004298,"gmtCreate":1618121936214,"gmtModify":1634294791645,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"BULL","listText":"BULL","text":"BULL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342004298","repostId":"1121480052","repostType":4,"repost":{"id":"1121480052","kind":"news","pubTimestamp":1617979030,"share":"https://www.laohu8.com/m/news/1121480052?lang=zh_CN&edition=full","pubTime":"2021-04-09 22:37","market":"us","language":"en","title":"Tesla China Deliveries Set EV Maker for Strong '21, Wedbush Says<blockquote>韦德布什表示，特斯拉在华交付量为电动汽车制造商带来了强劲的21年业绩</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121480052","media":"TheStreet","summary":"Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.Tesla's March deliveries in China create a strong trajectory for the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softeni","content":"<p>Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.</p><p><blockquote>Wedbush分析师Dan Ives表示，特斯拉有望在2021年交付85万辆汽车，这是一个强劲的发展轨迹。</blockquote></p><p>Tesla's&nbsp;March deliveries in China create a strong trajectory for&nbsp;the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.</p><p><blockquote>Wedbush分析师Dan Ives表示，特斯拉3月份在华交付量为这家电动汽车巨头在2021年剩余时间内创造了强劲的发展轨迹。</blockquote></p><p>The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.</p><p><blockquote>乘联会周五公布了3月份的数据，显示特斯拉交付了35,500辆汽车，约为2月份的两倍。</blockquote></p><p>\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softening in January, we have seen a storybook comeback from Tesla and domestic EV players NIO,&nbsp;Li Auto,&nbsp;Xpeng&nbsp;and others in this key region,\" Ives said in a Friday note.</p><p><blockquote>Ives表示：“情况很清楚：尽管仇恨者和看空者关注一月份中国电动汽车销量疲软，但我们已经看到特斯拉以及国内电动汽车企业蔚来、理想汽车、小鹏汽车和其他公司在这一关键地区的故事般的卷土重来。”在周五的笔记中。</blockquote></p><p>Wedbush maintained its outperform rating and $1,000 price target.</p><p><blockquote>Wedbush维持跑赢大盘评级和1,000美元的目标价。</blockquote></p><p>Shares of the Palo Alto, Calif., company at last check were off 0.9% at $678.</p><p><blockquote>上次检查时，这家位于加利福尼亚州帕洛阿尔托的公司股价下跌0.9%，至678美元。</blockquote></p><p>Wedbush sees a run rate of 300,000 units delivered in China for the year, which would be the linchpin for the company hitting its 850,000-vehicle delivery goal worldwide.</p><p><blockquote>Wedbush预计今年在中国的交付量将达到30万辆，这将是该公司实现全球85万辆交付目标的关键。</blockquote></p><p>\"As this green tidal wave hits its next phase globally, ... the Tesla EV demand story is just starting to play out,\" Ives said.</p><p><blockquote>“随着这股绿色浪潮在全球范围内进入下一阶段，……特斯拉电动汽车的需求故事才刚刚开始上演，”Ives说。</blockquote></p><p>Additionally, lifting the 200,000 electric vehicle tax-credit ceiling, which was restored to Tesla and General Motors, and a likely $10,000 electric-vehicle tax rebate will be major catalysts for industry growth in the U.S., thanks to the focus on green energy from President Joe Biden's administration.</p><p><blockquote>此外，由于乔·拜登总统政府对绿色能源的关注，取消特斯拉和通用汽车恢复的20万辆电动汽车税收抵免上限以及可能的1万美元电动汽车退税将成为美国行业增长的主要催化剂。</blockquote></p><p>Last week, Tesla reported&nbsp;stronger-than-expected&nbsp;vehicle deliveries for the first quarter, paced by its midpriced Model 3 sedan and Chinese demand for its new Model Y SUV.</p><p><blockquote>上周，特斯拉公布第一季度汽车交付量强于预期，这得益于其中等价位的Model 3轿车和中国对其新款Model Y SUV的需求。</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>Tesla China Deliveries Set EV Maker for Strong '21, Wedbush Says<blockquote>韦德布什表示，特斯拉在华交付量为电动汽车制造商带来了强劲的21年业绩</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\">\nTesla China Deliveries Set EV Maker for Strong '21, Wedbush Says<blockquote>韦德布什表示，特斯拉在华交付量为电动汽车制造商带来了强劲的21年业绩</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-04-09 22:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.</p><p><blockquote>Wedbush分析师Dan Ives表示，特斯拉有望在2021年交付85万辆汽车，这是一个强劲的发展轨迹。</blockquote></p><p>Tesla's&nbsp;March deliveries in China create a strong trajectory for&nbsp;the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.</p><p><blockquote>Wedbush分析师Dan Ives表示，特斯拉3月份在华交付量为这家电动汽车巨头在2021年剩余时间内创造了强劲的发展轨迹。</blockquote></p><p>The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.</p><p><blockquote>乘联会周五公布了3月份的数据，显示特斯拉交付了35,500辆汽车，约为2月份的两倍。</blockquote></p><p>\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softening in January, we have seen a storybook comeback from Tesla and domestic EV players NIO,&nbsp;Li Auto,&nbsp;Xpeng&nbsp;and others in this key region,\" Ives said in a Friday note.</p><p><blockquote>Ives表示：“情况很清楚：尽管仇恨者和看空者关注一月份中国电动汽车销量疲软，但我们已经看到特斯拉以及国内电动汽车企业蔚来、理想汽车、小鹏汽车和其他公司在这一关键地区的故事般的卷土重来。”在周五的笔记中。</blockquote></p><p>Wedbush maintained its outperform rating and $1,000 price target.</p><p><blockquote>Wedbush维持跑赢大盘评级和1,000美元的目标价。</blockquote></p><p>Shares of the Palo Alto, Calif., company at last check were off 0.9% at $678.</p><p><blockquote>上次检查时，这家位于加利福尼亚州帕洛阿尔托的公司股价下跌0.9%，至678美元。</blockquote></p><p>Wedbush sees a run rate of 300,000 units delivered in China for the year, which would be the linchpin for the company hitting its 850,000-vehicle delivery goal worldwide.</p><p><blockquote>Wedbush预计今年在中国的交付量将达到30万辆，这将是该公司实现全球85万辆交付目标的关键。</blockquote></p><p>\"As this green tidal wave hits its next phase globally, ... the Tesla EV demand story is just starting to play out,\" Ives said.</p><p><blockquote>“随着这股绿色浪潮在全球范围内进入下一阶段，……特斯拉电动汽车的需求故事才刚刚开始上演，”Ives说。</blockquote></p><p>Additionally, lifting the 200,000 electric vehicle tax-credit ceiling, which was restored to Tesla and General Motors, and a likely $10,000 electric-vehicle tax rebate will be major catalysts for industry growth in the U.S., thanks to the focus on green energy from President Joe Biden's administration.</p><p><blockquote>此外，由于乔·拜登总统政府对绿色能源的关注，取消特斯拉和通用汽车恢复的20万辆电动汽车税收抵免上限以及可能的1万美元电动汽车退税将成为美国行业增长的主要催化剂。</blockquote></p><p>Last week, Tesla reported&nbsp;stronger-than-expected&nbsp;vehicle deliveries for the first quarter, paced by its midpriced Model 3 sedan and Chinese demand for its new Model Y SUV.</p><p><blockquote>上周，特斯拉公布第一季度汽车交付量强于预期，这得益于其中等价位的Model 3轿车和中国对其新款Model Y SUV的需求。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/tesla-march-china-deliveries-strong-outlook-wedbush-says\">TheStreet</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":{"TSLA":"特斯拉"},"source_url":"https://www.thestreet.com/investing/tesla-march-china-deliveries-strong-outlook-wedbush-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121480052","content_text":"Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.Tesla's March deliveries in China create a strong trajectory for the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softening in January, we have seen a storybook comeback from Tesla and domestic EV players NIO, Li Auto, Xpeng and others in this key region,\" Ives said in a Friday note.Wedbush maintained its outperform rating and $1,000 price target.Shares of the Palo Alto, Calif., company at last check were off 0.9% at $678.Wedbush sees a run rate of 300,000 units delivered in China for the year, which would be the linchpin for the company hitting its 850,000-vehicle delivery goal worldwide.\"As this green tidal wave hits its next phase globally, ... the Tesla EV demand story is just starting to play out,\" Ives said.Additionally, lifting the 200,000 electric vehicle tax-credit ceiling, which was restored to Tesla and General Motors, and a likely $10,000 electric-vehicle tax rebate will be major catalysts for industry growth in the U.S., thanks to the focus on green energy from President Joe Biden's administration.Last week, Tesla reported stronger-than-expected vehicle deliveries for the first quarter, paced by its midpriced Model 3 sedan and Chinese demand for its new Model Y SUV.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346646442,"gmtCreate":1618036823386,"gmtModify":1634295103094,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"excellent news&nbsp;","listText":"excellent news&nbsp;","text":"excellent news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346646442","repostId":"1101452417","repostType":4,"isVote":1,"tweetType":1,"viewCount":1177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354198929,"gmtCreate":1617149827361,"gmtModify":1634522431716,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"good day to add more!","listText":"good day to add more!","text":"good day to add more!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/354198929","repostId":"1102259711","repostType":4,"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355631923,"gmtCreate":1617065743662,"gmtModify":1634522859468,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"true disruptor! (Y)&nbsp;","listText":"true disruptor! (Y)&nbsp;","text":"true disruptor! (Y)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/355631923","repostId":"1135921653","repostType":4,"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180478245,"gmtCreate":1623224113387,"gmtModify":1634035632045,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"buy buy buy","listText":"buy buy buy","text":"buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/180478245","repostId":"2142294876","repostType":4,"isVote":1,"tweetType":1,"viewCount":1244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349177819,"gmtCreate":1617584551631,"gmtModify":1634520459463,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"BUBBLE!","listText":"BUBBLE!","text":"BUBBLE!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/349177819","repostId":"2124078088","repostType":4,"isVote":1,"tweetType":1,"viewCount":2937,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355698051,"gmtCreate":1617065151373,"gmtModify":1634522865218,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"divest into HKEX?&nbsp;","listText":"divest into HKEX?&nbsp;","text":"divest into HKEX?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/355698051","repostId":"2123518862","repostType":4,"isVote":1,"tweetType":1,"viewCount":561,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355032911,"gmtCreate":1617012370133,"gmtModify":1634523150592,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"what a misleading title..&nbsp;","listText":"what a misleading title..&nbsp;","text":"what a misleading title..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/355032911","repostId":"2123231822","repostType":4,"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358560676,"gmtCreate":1616716951695,"gmtModify":1634524431618,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"It’s all down to how $ZM position their brand&nbsp;in the post-Covid world.&nbsp;","listText":"It’s all down to how $ZM position their brand&nbsp;in the post-Covid world.&nbsp;","text":"It’s all down to how $ZM position their brand in the post-Covid world.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358560676","repostId":"2122443771","repostType":4,"isVote":1,"tweetType":1,"viewCount":460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324718593,"gmtCreate":1616030492912,"gmtModify":1703496585484,"author":{"id":"3558849329059364","authorId":"3558849329059364","name":"torrentialT","avatar":"https://static.tigerbbs.com/96ca40426e74f1de05493dfa86c9b8d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558849329059364","authorIdStr":"3558849329059364"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>to the moon!&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>to the moon!&nbsp;","text":"$Tesla Motors(TSLA)$to the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/324718593","repostId":"1196092062","repostType":4,"repost":{"id":"1196092062","kind":"news","pubTimestamp":1616029011,"share":"https://www.laohu8.com/m/news/1196092062?lang=zh_CN&edition=full","pubTime":"2021-03-18 08:56","market":"us","language":"en","title":"The Fed Will Wait. That’s a Positive for Stocks and a Departure From the Past.<blockquote>美联储将等待。这对股市来说是积极的，也与过去不同。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1196092062","media":"Barrons","summary":"“Don’t fire until you see the whites of their eyes” appears to be the new command from the Federal Reserve.Powell’s comments were clearly aimed atheightened expectationsthat the Fed could raise rates multiple times by 2023, which in turn has lifted intermediate- and long-term Treasury yields. Those expectations pushed the benchmark 10-year Treasury yield to 1.68% at midday Wednesday, the highest level since January 2020. That benchmark yield eased back to 1.62% by the end of Powell’s press confe","content":"<p>“Don’t fire until you see the whites of their eyes” appears to be the new command from the Federal Reserve.</p><p><blockquote>“在看到他们的眼白之前不要开火”似乎是美联储的新命令。</blockquote></p><p> Any prospect—indeed even any discussion—of interest-rate increases or reductions in securities purchases by the central bank will depend on the Fed having its goals in sight, not just in its forecasts, Fed Chairman Jerome Powell emphasized at a press conference on Wednesday. That doesn’t seem likely soon.</p><p><blockquote>美联储主席杰罗姆·鲍威尔在周三的新闻发布会上强调，美联储加息或减少证券购买的任何前景——甚至任何讨论——都将取决于美联储的目标，而不仅仅是预测。这似乎不太可能很快。</blockquote></p><p> Powell’s comments were clearly aimed atheightened expectationsthat the Fed could raise rates multiple times by 2023, which in turn has lifted intermediate- and long-term Treasury yields. Those expectations pushed the benchmark 10-year Treasury yield to 1.68% at midday Wednesday, the highest level since January 2020. That benchmark yield eased back to 1.62% by the end of Powell’s press conference, which, in turn, lifted stocks. The&nbsp;Dow Jones Industrial Average&nbsp;ended the day 0.6% higher and&nbsp;closed above the 33,000 mark&nbsp;for the first time.</p><p><blockquote>鲍威尔的言论显然是为了提高人们对美联储可能在2023年之前多次加息的预期，这反过来又提高了中长期国债收益率。这些预期推动基准10年期国债收益率周三午盘升至1.68%，为2020年1月以来的最高水平。鲍威尔新闻发布会结束时，基准收益率回落至1.62%，这反过来提振了股市。道琼斯工业平均指数收盘上涨0.6%，首次收于33,000点上方。</blockquote></p><p> Powell’s remarks followed the release of the&nbsp;Federal Open Market Committee’s policy statement, which, as universally expected, contained no changes in its near-zero federal-funds target or its $120 billion monthly purchases of Treasury and agency mortgage-backed securities.</p><p><blockquote>鲍威尔发表上述言论之前，联邦公开市场委员会发布了政策声明，正如普遍预期的那样，该声明没有改变其接近于零的联邦基金目标或每月购买1200亿美元的国债和机构抵押贷款支持证券。</blockquote></p><p> Neither was it surprising that the Fed’s new&nbsp;Summary of Economic Projections&nbsp;contained significant upgrades to the central bank’s outlook for economic growth from its previous one released last December. Real gross domestic product is now expected to grow 6.5% in 2021, up from 4.2% previously, thanks to a boost from the recently enacted $1.9 trillion fiscal package. Similarly, the panel’s projection for unemployment is lowered and its expectation for inflation was increased slightly. Forecasts for 2022 and 2023 also were tweaked.</p><p><blockquote>美联储新的经济预测摘要对去年12月发布的经济增长前景进行了大幅上调，这也不足为奇。由于最近颁布的1.9万亿美元财政计划的提振，目前预计2021年实际国内生产总值将增长6.5%，高于此前的4.2%。同样，该小组对失业率的预测也有所降低，对通胀的预期也略有提高。对2022年和2023年的预测也进行了调整。</blockquote></p><p> But the main message Powell conveyed was clear: The Fed will continue to maintain its ultra-accommodative policy until the monetary authorities are convinced its policy goals are in sight. That would mark a sharp departure from the practice of monetary policy for more than a generation.</p><p><blockquote>但鲍威尔传达的主要信息很明确：美联储将继续维持超宽松政策，直到货币当局确信其政策目标在望。这将标志着一代人多来货币政策实践的急剧背离。</blockquote></p><p> The accepted modus operandi has been for the Fed to head off an increase in inflation by pre-emptively tightening monetary policy when what it considered to be full employment was in its forecast. Not only did the Fed’s target for full employment keep changing—falling from 6%, to 5%, and so on, until the jobless rate hit 3.5% in early 2020 before the pandemic—but inflation continuously fell short of the Fed’s 2% target.</p><p><blockquote>公认的做法是，美联储在预测充分就业时，通过先发制人地收紧货币政策来阻止通胀上升。不仅美联储的充分就业目标不断变化——从6%下降到5%，等等，直到2020年初疫情爆发前失业率达到3.5%——而且通胀也持续低于美联储2%的目标。</blockquote></p><p> While the Fed’s so-called dot plot of rate expectations showed seven out of 18 FOMC members anticipated an increase in the fed-funds rate in 2023, Powell continually took pains to say those are only estimates of where the individual Fed governors and district presidents think the rate might be based on their individual forecasts. Not only is that a long ways off in the future, Powell noted, but the forecasts are even more uncertain than usual.</p><p><blockquote>尽管美联储所谓的利率预期点阵图显示，18名FOMC成员中有7名预计2023年联邦基金利率上调，但鲍威尔不断煞费苦心地表示，这些只是个别美联储理事和地区主席的估计。认为利率可能基于他们个人的预测。鲍威尔指出，这不仅距离未来还有很长的路要走，而且预测比平时更加不确定。</blockquote></p><p> Meanwhile, the Fed will be keeping its foot down on the monetary gas pedal. Financial conditions remain extremely accommodative, as indicated by the Dow’s record plus still historically low interest rates and tight credit spreads, which Powell called appropriate. What would be worrisome would be if financial conditions became disorderly.</p><p><blockquote>与此同时，美联储将继续踩下货币油门。金融状况仍然极其宽松，道琼斯指数创纪录，利率仍处于历史低位，信贷利差紧张，鲍威尔称这是适当的。令人担忧的是，如果金融状况变得无序。</blockquote></p><p> Powell didn’t think any change in the Fed’s bond purchases was needed in the face of higher yields at the long end of the Treasury market. He called the central bank’s purchases across the yield curve appropriate and didn’t see the need to skew its buying to try to pressure longer-term yields lower. Some central banks abroad, notably the Reserve Bank of Australia, have tried to manipulate bond markets by&nbsp;shifting their purchases.</p><p><blockquote>鲍威尔认为，面对国债市场长端收益率走高，美联储不需要对债券购买做出任何改变。他称央行在收益率曲线上的购买是适当的，并且认为没有必要扭曲其购买来试图压低长期收益率。一些海外央行，特别是澳大利亚储备银行，试图通过转移购买来操纵债券市场。</blockquote></p><p> Even with the headline measures of unemployment expected by the Fed to drop from 6.2% last month to 4.5% by year end and 3.9% by the end of 2022, Powell emphasized that the total number of jobs remains more than 9 million below where it stood before the pandemic. Inflation also would have to show more than a transitory rise from the depressed levels of a year ago and stay above the 2% target for some time for the Fed to change its stance.</p><p><blockquote>尽管美联储预计总体失业率指标将从上个月的6.2%降至年底的4.5%和2022年底的3.9%，但鲍威尔强调，就业岗位总数仍比疫情之前的水平低900万个以上。通胀还必须从一年前的低迷水平暂时上升，并在一段时间内保持在2%的目标之上，美联储才能改变立场。</blockquote></p><p> Keeping Fed policy easy while the economy recovers clearly is bullish for financial markets. “It would be hard to craft a more constructive statement than this,” a client note from Evercore ISI asserted.</p><p><blockquote>在经济明显复苏的同时，美联储保持宽松政策对金融市场有利。Evercore ISI的一份客户报告称：“很难做出比这更有建设性的声明了。”</blockquote></p><p> But this policy of maintaining zero rates and huge bond purchases, even as the economy recovers, is an experiment playing out in real time. The mantra had always been that monetary policy works with long and variable lags. That produced four decades of disinflation.</p><p><blockquote>但这种维持零利率和巨额债券购买的政策，即使在经济复苏的时候，也是一个实时上演的实验。人们一直认为，货币政策的作用具有长期且可变的滞后性。这导致了四十年的通货紧缩。</blockquote></p><p> Waiting until the Fed sees the whites of inflation’s eyes will be a test of this new experimental approach.</p><p><blockquote>等到美联储看到通胀的眼白，将是对这种新实验方法的考验。</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>The Fed Will Wait. That’s a Positive for Stocks and a Departure From the Past.<blockquote>美联储将等待。这对股市来说是积极的，也与过去不同。</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\">\nThe Fed Will Wait. That’s a Positive for Stocks and a Departure From the Past.<blockquote>美联储将等待。这对股市来说是积极的，也与过去不同。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-03-18 08:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>“Don’t fire until you see the whites of their eyes” appears to be the new command from the Federal Reserve.</p><p><blockquote>“在看到他们的眼白之前不要开火”似乎是美联储的新命令。</blockquote></p><p> Any prospect—indeed even any discussion—of interest-rate increases or reductions in securities purchases by the central bank will depend on the Fed having its goals in sight, not just in its forecasts, Fed Chairman Jerome Powell emphasized at a press conference on Wednesday. That doesn’t seem likely soon.</p><p><blockquote>美联储主席杰罗姆·鲍威尔在周三的新闻发布会上强调，美联储加息或减少证券购买的任何前景——甚至任何讨论——都将取决于美联储的目标，而不仅仅是预测。这似乎不太可能很快。</blockquote></p><p> Powell’s comments were clearly aimed atheightened expectationsthat the Fed could raise rates multiple times by 2023, which in turn has lifted intermediate- and long-term Treasury yields. Those expectations pushed the benchmark 10-year Treasury yield to 1.68% at midday Wednesday, the highest level since January 2020. That benchmark yield eased back to 1.62% by the end of Powell’s press conference, which, in turn, lifted stocks. The&nbsp;Dow Jones Industrial Average&nbsp;ended the day 0.6% higher and&nbsp;closed above the 33,000 mark&nbsp;for the first time.</p><p><blockquote>鲍威尔的言论显然是为了提高人们对美联储可能在2023年之前多次加息的预期，这反过来又提高了中长期国债收益率。这些预期推动基准10年期国债收益率周三午盘升至1.68%，为2020年1月以来的最高水平。鲍威尔新闻发布会结束时，基准收益率回落至1.62%，这反过来提振了股市。道琼斯工业平均指数收盘上涨0.6%，首次收于33,000点上方。</blockquote></p><p> Powell’s remarks followed the release of the&nbsp;Federal Open Market Committee’s policy statement, which, as universally expected, contained no changes in its near-zero federal-funds target or its $120 billion monthly purchases of Treasury and agency mortgage-backed securities.</p><p><blockquote>鲍威尔发表上述言论之前，联邦公开市场委员会发布了政策声明，正如普遍预期的那样，该声明没有改变其接近于零的联邦基金目标或每月购买1200亿美元的国债和机构抵押贷款支持证券。</blockquote></p><p> Neither was it surprising that the Fed’s new&nbsp;Summary of Economic Projections&nbsp;contained significant upgrades to the central bank’s outlook for economic growth from its previous one released last December. Real gross domestic product is now expected to grow 6.5% in 2021, up from 4.2% previously, thanks to a boost from the recently enacted $1.9 trillion fiscal package. Similarly, the panel’s projection for unemployment is lowered and its expectation for inflation was increased slightly. Forecasts for 2022 and 2023 also were tweaked.</p><p><blockquote>美联储新的经济预测摘要对去年12月发布的经济增长前景进行了大幅上调，这也不足为奇。由于最近颁布的1.9万亿美元财政计划的提振，目前预计2021年实际国内生产总值将增长6.5%，高于此前的4.2%。同样，该小组对失业率的预测也有所降低，对通胀的预期也略有提高。对2022年和2023年的预测也进行了调整。</blockquote></p><p> But the main message Powell conveyed was clear: The Fed will continue to maintain its ultra-accommodative policy until the monetary authorities are convinced its policy goals are in sight. That would mark a sharp departure from the practice of monetary policy for more than a generation.</p><p><blockquote>但鲍威尔传达的主要信息很明确：美联储将继续维持超宽松政策，直到货币当局确信其政策目标在望。这将标志着一代人多来货币政策实践的急剧背离。</blockquote></p><p> The accepted modus operandi has been for the Fed to head off an increase in inflation by pre-emptively tightening monetary policy when what it considered to be full employment was in its forecast. Not only did the Fed’s target for full employment keep changing—falling from 6%, to 5%, and so on, until the jobless rate hit 3.5% in early 2020 before the pandemic—but inflation continuously fell short of the Fed’s 2% target.</p><p><blockquote>公认的做法是，美联储在预测充分就业时，通过先发制人地收紧货币政策来阻止通胀上升。不仅美联储的充分就业目标不断变化——从6%下降到5%，等等，直到2020年初疫情爆发前失业率达到3.5%——而且通胀也持续低于美联储2%的目标。</blockquote></p><p> While the Fed’s so-called dot plot of rate expectations showed seven out of 18 FOMC members anticipated an increase in the fed-funds rate in 2023, Powell continually took pains to say those are only estimates of where the individual Fed governors and district presidents think the rate might be based on their individual forecasts. Not only is that a long ways off in the future, Powell noted, but the forecasts are even more uncertain than usual.</p><p><blockquote>尽管美联储所谓的利率预期点阵图显示，18名FOMC成员中有7名预计2023年联邦基金利率上调，但鲍威尔不断煞费苦心地表示，这些只是个别美联储理事和地区主席的估计。认为利率可能基于他们个人的预测。鲍威尔指出，这不仅距离未来还有很长的路要走，而且预测比平时更加不确定。</blockquote></p><p> Meanwhile, the Fed will be keeping its foot down on the monetary gas pedal. Financial conditions remain extremely accommodative, as indicated by the Dow’s record plus still historically low interest rates and tight credit spreads, which Powell called appropriate. What would be worrisome would be if financial conditions became disorderly.</p><p><blockquote>与此同时，美联储将继续踩下货币油门。金融状况仍然极其宽松，道琼斯指数创纪录，利率仍处于历史低位，信贷利差紧张，鲍威尔称这是适当的。令人担忧的是，如果金融状况变得无序。</blockquote></p><p> Powell didn’t think any change in the Fed’s bond purchases was needed in the face of higher yields at the long end of the Treasury market. He called the central bank’s purchases across the yield curve appropriate and didn’t see the need to skew its buying to try to pressure longer-term yields lower. Some central banks abroad, notably the Reserve Bank of Australia, have tried to manipulate bond markets by&nbsp;shifting their purchases.</p><p><blockquote>鲍威尔认为，面对国债市场长端收益率走高，美联储不需要对债券购买做出任何改变。他称央行在收益率曲线上的购买是适当的，并且认为没有必要扭曲其购买来试图压低长期收益率。一些海外央行，特别是澳大利亚储备银行，试图通过转移购买来操纵债券市场。</blockquote></p><p> Even with the headline measures of unemployment expected by the Fed to drop from 6.2% last month to 4.5% by year end and 3.9% by the end of 2022, Powell emphasized that the total number of jobs remains more than 9 million below where it stood before the pandemic. Inflation also would have to show more than a transitory rise from the depressed levels of a year ago and stay above the 2% target for some time for the Fed to change its stance.</p><p><blockquote>尽管美联储预计总体失业率指标将从上个月的6.2%降至年底的4.5%和2022年底的3.9%，但鲍威尔强调，就业岗位总数仍比疫情之前的水平低900万个以上。通胀还必须从一年前的低迷水平暂时上升，并在一段时间内保持在2%的目标之上，美联储才能改变立场。</blockquote></p><p> Keeping Fed policy easy while the economy recovers clearly is bullish for financial markets. “It would be hard to craft a more constructive statement than this,” a client note from Evercore ISI asserted.</p><p><blockquote>在经济明显复苏的同时，美联储保持宽松政策对金融市场有利。Evercore ISI的一份客户报告称：“很难做出比这更有建设性的声明了。”</blockquote></p><p> But this policy of maintaining zero rates and huge bond purchases, even as the economy recovers, is an experiment playing out in real time. The mantra had always been that monetary policy works with long and variable lags. That produced four decades of disinflation.</p><p><blockquote>但这种维持零利率和巨额债券购买的政策，即使在经济复苏的时候，也是一个实时上演的实验。人们一直认为，货币政策的作用具有长期且可变的滞后性。这导致了四十年的通货紧缩。</blockquote></p><p> Waiting until the Fed sees the whites of inflation’s eyes will be a test of this new experimental approach.</p><p><blockquote>等到美联储看到通胀的眼白，将是对这种新实验方法的考验。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/the-fed-will-wait-thats-a-positive-for-stocks-and-a-departure-from-the-past-51616022872?mod=hp_LEAD_1\">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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/the-fed-will-wait-thats-a-positive-for-stocks-and-a-departure-from-the-past-51616022872?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196092062","content_text":"“Don’t fire until you see the whites of their eyes” appears to be the new command from the Federal Reserve.\nAny prospect—indeed even any discussion—of interest-rate increases or reductions in securities purchases by the central bank will depend on the Fed having its goals in sight, not just in its forecasts, Fed Chairman Jerome Powell emphasized at a press conference on Wednesday. That doesn’t seem likely soon.\nPowell’s comments were clearly aimed atheightened expectationsthat the Fed could raise rates multiple times by 2023, which in turn has lifted intermediate- and long-term Treasury yields. Those expectations pushed the benchmark 10-year Treasury yield to 1.68% at midday Wednesday, the highest level since January 2020. That benchmark yield eased back to 1.62% by the end of Powell’s press conference, which, in turn, lifted stocks. The Dow Jones Industrial Average ended the day 0.6% higher and closed above the 33,000 mark for the first time.\nPowell’s remarks followed the release of the Federal Open Market Committee’s policy statement, which, as universally expected, contained no changes in its near-zero federal-funds target or its $120 billion monthly purchases of Treasury and agency mortgage-backed securities.\nNeither was it surprising that the Fed’s new Summary of Economic Projections contained significant upgrades to the central bank’s outlook for economic growth from its previous one released last December. Real gross domestic product is now expected to grow 6.5% in 2021, up from 4.2% previously, thanks to a boost from the recently enacted $1.9 trillion fiscal package. Similarly, the panel’s projection for unemployment is lowered and its expectation for inflation was increased slightly. Forecasts for 2022 and 2023 also were tweaked.\nBut the main message Powell conveyed was clear: The Fed will continue to maintain its ultra-accommodative policy until the monetary authorities are convinced its policy goals are in sight. That would mark a sharp departure from the practice of monetary policy for more than a generation.\nThe accepted modus operandi has been for the Fed to head off an increase in inflation by pre-emptively tightening monetary policy when what it considered to be full employment was in its forecast. Not only did the Fed’s target for full employment keep changing—falling from 6%, to 5%, and so on, until the jobless rate hit 3.5% in early 2020 before the pandemic—but inflation continuously fell short of the Fed’s 2% target.\nWhile the Fed’s so-called dot plot of rate expectations showed seven out of 18 FOMC members anticipated an increase in the fed-funds rate in 2023, Powell continually took pains to say those are only estimates of where the individual Fed governors and district presidents think the rate might be based on their individual forecasts. Not only is that a long ways off in the future, Powell noted, but the forecasts are even more uncertain than usual.\nMeanwhile, the Fed will be keeping its foot down on the monetary gas pedal. Financial conditions remain extremely accommodative, as indicated by the Dow’s record plus still historically low interest rates and tight credit spreads, which Powell called appropriate. What would be worrisome would be if financial conditions became disorderly.\nPowell didn’t think any change in the Fed’s bond purchases was needed in the face of higher yields at the long end of the Treasury market. He called the central bank’s purchases across the yield curve appropriate and didn’t see the need to skew its buying to try to pressure longer-term yields lower. Some central banks abroad, notably the Reserve Bank of Australia, have tried to manipulate bond markets by shifting their purchases.\nEven with the headline measures of unemployment expected by the Fed to drop from 6.2% last month to 4.5% by year end and 3.9% by the end of 2022, Powell emphasized that the total number of jobs remains more than 9 million below where it stood before the pandemic. Inflation also would have to show more than a transitory rise from the depressed levels of a year ago and stay above the 2% target for some time for the Fed to change its stance.\nKeeping Fed policy easy while the economy recovers clearly is bullish for financial markets. “It would be hard to craft a more constructive statement than this,” a client note from Evercore ISI asserted.\nBut this policy of maintaining zero rates and huge bond purchases, even as the economy recovers, is an experiment playing out in real time. The mantra had always been that monetary policy works with long and variable lags. That produced four decades of disinflation.\nWaiting until the Fed sees the whites of inflation’s eyes will be a test of this new experimental approach.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":566,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}