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FOMC preview: Inflationary pressures tempt taper talk
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","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169821726","repostId":"1135791696","repostType":4,"repost":{"id":"1135791696","kind":"news","pubTimestamp":1623813782,"share":"https://www.laohu8.com/m/news/1135791696?lang=&edition=full","pubTime":"2021-06-16 11:23","market":"us","language":"en","title":"FOMC preview: Inflationary pressures tempt taper talk","url":"https://stock-news.laohu8.com/highlight/detail?id=1135791696","media":"Yahoo Finance","summary":"The Federal Reserve had hoped for a string of strong jobs reports showing a pace of 1 million monthly job gains.Instead, the Fed received larger-than-expected readings on inflation.For a central bank that has reiterated its higher bar for pulling its monetary stimulus, recent data points could test the resolve of policymakers with regard to its quantitative easing program.Since the Fed’s last policy-setting meeting in May, several Fed officials voiced interest in taking the first step toward slo","content":"<p>The Federal Reserve had hoped for a string of strong jobs reports showing a pace of 1 million monthly job gains.</p>\n<p>Instead, the Fed received larger-than-expected readings on inflation.</p>\n<p>For a central bank that has reiterated its higher bar for pulling its monetary stimulus, recent data points could test the resolve of policymakers with regard to its quantitative easing program.</p>\n<p>Since the Fed’s last policy-setting meeting in May, several Fed officials voiced interest in taking the first step toward slowing the central bank’s $120 billion-a-month pace of U.S. Treasury and agency mortgage-backed securities purchases.</p>\n<p>“There is some upside risk to increased inflation,” Philadelphia Fed President Patrick Harker said on June 2.</p>\n<p>The Consumer Price Index in May rose by the fastest year-over-year pace since August 2008. Another measure of inflation, the Producer Price Index,recorded its fastest 12-month growth on record since the Bureau of Labor Statistics began the dataset in November 2010.</p>\n<p>Still, many Fed officials insist that the high data readings are due to temporary factors like supply chain bottlenecks. Shortages in microchips are continuing to put upward pressure on cars. But lumber prices, which skyrocketed in the late spring, are now tumbling.</p>\n<p>“I continue to believe as my baseline case that this will prove to be largely transitory,” Fed Vice Chairman Richard Clarida told Yahoo Finance on May 25 (before the May CPI and PPI prints).</p>\n<p>Fed watchers expect that “transitory” will remain the prevailing view among the Federal Open Market Committee, meaning that those eager to talk about tapering may be in the minority this week.</p>\n<p>A BofA survey done last week noted that 63% of global fund managers do not expect the Fed to signal tapering until August or September — most likely at the Fed’s late-August meeting in Jackson Hole, Wyoming.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f12fb608045aa97206f53cbac6b7c64c\" tg-width=\"960\" tg-height=\"625\"><span>A BofA survey conducted between June 4-10, 2021 notes that most fund managers do not expect the Fed to signal a taper in this week's meeting. Source: BofA Fund Manager Survey, DataStream</span></p>\n<p>“This is not a Fed that is rushing to the exits,” BofA Global Research analysts wrote on June 14. “That said, we expect a few nuanced changes that would sound less dovish than in the April meeting.”</p>\n<p>The Fed is continuing to keep a focus on the labor market, where May jobs data showed the economy still 7.6 million jobs short of pre-pandemic levels.</p>\n<p><b>When is a rate hike coming?</b></p>\n<p>Commentary on the Fed’s asset purchases could come from the FOMC policy statement or Fed Chairman Jerome Powell’s press conference at 2:30 p.m. ET on Wednesday.</p>\n<p>The FOMC’s next round of economic projections, due alongside the policy statement, could also offer some clues.</p>\n<p>Those projections will include an update to the so-called “dot plots,” which map out each FOMC member’s forecasts for where interest rates may head in the future. The Fed’s last round of projections in March had the median member of the committee projecting no rate hike through the end of 2023.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bbea5dc5ee450e2a475e989236c55734\" tg-width=\"960\" tg-height=\"975\"><span>The March 2021 Summary of Economic Projections map out each FOMC member's expectations for where interest rates may go in the coming years. The so-called \"dot plots\" show the median member expecting no rate hike through the end of 2023. Source: Federal Reserve</span></p>\n<p>With more Fed officials having expressed interest in kicking off taper talks, chatter is building over whether or not the dot plot will show the median FOMC member projecting a rate hike by the end of 2023.</p>\n<p>“In light of the transitory nature of the recent spike in prices, our best guess is no, but it is a close call,” Goldman Sachs’s economics team wrote on June 13.</p>\n<p>The Goldman note pointed out that the dots may be “guided by some steering” from Powell, who would face some tricky questions on how the “transitory” view on inflation squares with the expectation for an earlier rate hike.</p>\n<p>Still, if only three more FOMC members revise up their expectations for interest rates in 2023, the median dot would reflect one rate hike.</p>\n<p>Here’s what Fed officials have said since the central bank’s last policy-setting meeting in April:</p>\n<p><b>What Fed officials have said about inflation:</b></p>\n<p><b>Fed Chairman Jerome Powell (voter):</b>“We saw in the last expansion that unemployment could go to 50 year lows without troubling inflation and we put that to work.” (Remarks at National Community Reinvestment Coalition, May 3)</p>\n<p><b>Fed Vice Chairman Richard Clarida (voter):</b>“If in the risk case, the upward pressure on inflation were to prove to be more persistent and to put upward pressure on inflation expectations we have the tools and I'm convinced that we would act to counteract and bring inflation down to our long-run goal of 2%.” (Yahoo Finance interview, May 25)</p>\n<p><b>Fed Vice Chairman Randal Quarles (voter):</b>“You’re going to see inflationary pressures. That’s going to happen. It’s not going to be surprising. And one would expect it to be temporary. But we could be wrong.” (Politico interview, June 1)</p>\n<p><b>Fed Governor Lael Brainard (voter):</b>“In assessing the risk that such transitory pricing pressures get embedded in persistently high inflation, it is critical to remember that inflation averaged less than 2% over the past quarter-century, and that statistical measures of trend inflation ran consistently below 2% for decades before the pandemic.” (Remarks at Economic Club of New York, June 1)</p>\n<p><b>Fed Governor Michelle Bowman (voter):</b>“If the supply bottlenecks prove to be more long-lasting than currently expected, I will adjust my views on the inflation outlook accordingly. At this point, the risk that inflation remains persistently above our long-run target of 2% still appears small.” (Remarks at The Colorado Forum, May 5)</p>\n<p><b>Fed Governor Christopher Waller (voter):</b>“Despite the unexpectedly high [April] CPI inflation report yesterday, the factors putting upward pressure on inflation are temporary, and an accommodative monetary policy continues to have an important role to play in supporting the recovery.” (Remarks at the Global Interdependence Center, May 13)</p>\n<p><b>Boston Fed President Eric Rosengren:</b>“One-time, temporary changes in prices should not impact the medium-term trajectory of inflation.” (Remarks at Boston College, May 5)</p>\n<p><b>New York Fed President John Williams:</b>“My personal view is that a big chunk of the increase in the inflation measures that we've seen is really partly this reversal price declines from before, what we often called base effects, plus some special factors like used cars and others where clearly the pandemic has affected demand for certain goods that are in short supply at least in the near term.” (Yahoo Finance interview, June 3)</p>\n<p><b>Philadelphia Fed President Patrick Harker:</b>“With the economy picking up and so much fiscal support and monetary accommodation, there is some upside risk to increased inflation.” (Remarks at Women in Housing and Finance Public Policy Luncheon, June 2)</p>\n<p><b>Cleveland Fed President Loretta Mester:</b>“My expectation is that we'll end the year with inflation above 2%. But then next year, as those supply constraints are eased, inflation numbers will go back down. And then, with the support of monetary policy and fiscal policy we’ll see those inflation reads move back up.” (Yahoo Finance interview, May 11)</p>\n<p><b>Richmond Fed President Thomas Barkin (voter):</b>“Inflation is a multi-year, recurring, persistent phenomenon and as I talk to businesses I’m still not hearing their medium- to long-term expectations on pricing changing, nor are market measures on inflation escalating above our target.” (Remarks at West Virginia Chamber, May 7)</p>\n<p><b>Atlanta Fed President Raphael Bostic (voter):</b>“We’re really in a turbulent time and what I try to tell people is, this a time when I would expect there to be a fair amount of volatility in inflation.” (Remarks at Council on Foreign Relations, May 12)</p>\n<p><b>Chicago Fed President Charles Evans (voter):</b>“It is important to emphasize that the recent increase in inflation does not appear to be the precursor of a persistent movement to undesirably high levels of inflation.” (Remarks at Bank of Japan, May 25)</p>\n<p><b>St. Louis Fed President James Bullard:</b>“We'll see if the demand really flows through to a lasting increase in inflation or if this is just temporary. I think it's mostly temporary but then some of it will flow through to inflation expectations, and then we will get inflation above 2% this year and into 2022.” (Yahoo Finance interview, May 24)</p>\n<p><b>Minneapolis Fed President Neel Kashkari:</b>“I'm very skeptical that we're going to have sustained high inflation if we still have five or 10 million Americans out of work. We think the labor market is really what's going to drive inflation over the long term.” (Face the Nation interview on CBS, May 9)</p>\n<p><b>Kansas City Fed President Esther George:</b>“What the current pace of inflation means for the inflation outlook for the medium term is less than clear. Many factors that have boosted current inflation seem likely to fade over time. All the same, I am not inclined to dismiss today’s pricing signals or to be overly reliant on historical relationships and dynamics in judging the outlook for inflation.” (Remarks at Oklahoma Bankers Association, May 26)</p>\n<p><b>Dallas Fed President Robert Kaplan:</b>“It’s uncertain as to how long these supply-demand imbalances are going to persist. Our base case is that next year you’ll see some moderation [in inflation], but I think there’s a lot of uncertainty about this.” (Remarks at Dallas Fed, May 17)</p>\n<p><b>San Francisco Fed President Mary Daly (voter):</b>\"[Supply constraints] will cause inflation to pop in the next several months, probably through the end of the year, even, achieving levels above 2%. But that's going to be transitory in our judgment — in my judgment. And it'll come back down to the underlying rate of inflation, which I think is about 1.8% going forward.” (Yahoo Finance interview, May 10)</p>","source":"yahoofinance_sg","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>FOMC preview: Inflationary pressures tempt taper talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFOMC preview: Inflationary pressures tempt taper talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 11:23 GMT+8 <a href=https://finance.yahoo.com/news/fed-fomc-monetary-policy-preview-june-2021-191602338.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve had hoped for a string of strong jobs reports showing a pace of 1 million monthly job gains.\nInstead, the Fed received larger-than-expected readings on inflation.\nFor a central ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fed-fomc-monetary-policy-preview-june-2021-191602338.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/fed-fomc-monetary-policy-preview-june-2021-191602338.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135791696","content_text":"The Federal Reserve had hoped for a string of strong jobs reports showing a pace of 1 million monthly job gains.\nInstead, the Fed received larger-than-expected readings on inflation.\nFor a central bank that has reiterated its higher bar for pulling its monetary stimulus, recent data points could test the resolve of policymakers with regard to its quantitative easing program.\nSince the Fed’s last policy-setting meeting in May, several Fed officials voiced interest in taking the first step toward slowing the central bank’s $120 billion-a-month pace of U.S. Treasury and agency mortgage-backed securities purchases.\n“There is some upside risk to increased inflation,” Philadelphia Fed President Patrick Harker said on June 2.\nThe Consumer Price Index in May rose by the fastest year-over-year pace since August 2008. Another measure of inflation, the Producer Price Index,recorded its fastest 12-month growth on record since the Bureau of Labor Statistics began the dataset in November 2010.\nStill, many Fed officials insist that the high data readings are due to temporary factors like supply chain bottlenecks. Shortages in microchips are continuing to put upward pressure on cars. But lumber prices, which skyrocketed in the late spring, are now tumbling.\n“I continue to believe as my baseline case that this will prove to be largely transitory,” Fed Vice Chairman Richard Clarida told Yahoo Finance on May 25 (before the May CPI and PPI prints).\nFed watchers expect that “transitory” will remain the prevailing view among the Federal Open Market Committee, meaning that those eager to talk about tapering may be in the minority this week.\nA BofA survey done last week noted that 63% of global fund managers do not expect the Fed to signal tapering until August or September — most likely at the Fed’s late-August meeting in Jackson Hole, Wyoming.\nA BofA survey conducted between June 4-10, 2021 notes that most fund managers do not expect the Fed to signal a taper in this week's meeting. Source: BofA Fund Manager Survey, DataStream\n“This is not a Fed that is rushing to the exits,” BofA Global Research analysts wrote on June 14. “That said, we expect a few nuanced changes that would sound less dovish than in the April meeting.”\nThe Fed is continuing to keep a focus on the labor market, where May jobs data showed the economy still 7.6 million jobs short of pre-pandemic levels.\nWhen is a rate hike coming?\nCommentary on the Fed’s asset purchases could come from the FOMC policy statement or Fed Chairman Jerome Powell’s press conference at 2:30 p.m. ET on Wednesday.\nThe FOMC’s next round of economic projections, due alongside the policy statement, could also offer some clues.\nThose projections will include an update to the so-called “dot plots,” which map out each FOMC member’s forecasts for where interest rates may head in the future. The Fed’s last round of projections in March had the median member of the committee projecting no rate hike through the end of 2023.\nThe March 2021 Summary of Economic Projections map out each FOMC member's expectations for where interest rates may go in the coming years. The so-called \"dot plots\" show the median member expecting no rate hike through the end of 2023. Source: Federal Reserve\nWith more Fed officials having expressed interest in kicking off taper talks, chatter is building over whether or not the dot plot will show the median FOMC member projecting a rate hike by the end of 2023.\n“In light of the transitory nature of the recent spike in prices, our best guess is no, but it is a close call,” Goldman Sachs’s economics team wrote on June 13.\nThe Goldman note pointed out that the dots may be “guided by some steering” from Powell, who would face some tricky questions on how the “transitory” view on inflation squares with the expectation for an earlier rate hike.\nStill, if only three more FOMC members revise up their expectations for interest rates in 2023, the median dot would reflect one rate hike.\nHere’s what Fed officials have said since the central bank’s last policy-setting meeting in April:\nWhat Fed officials have said about inflation:\nFed Chairman Jerome Powell (voter):“We saw in the last expansion that unemployment could go to 50 year lows without troubling inflation and we put that to work.” (Remarks at National Community Reinvestment Coalition, May 3)\nFed Vice Chairman Richard Clarida (voter):“If in the risk case, the upward pressure on inflation were to prove to be more persistent and to put upward pressure on inflation expectations we have the tools and I'm convinced that we would act to counteract and bring inflation down to our long-run goal of 2%.” (Yahoo Finance interview, May 25)\nFed Vice Chairman Randal Quarles (voter):“You’re going to see inflationary pressures. That’s going to happen. It’s not going to be surprising. And one would expect it to be temporary. But we could be wrong.” (Politico interview, June 1)\nFed Governor Lael Brainard (voter):“In assessing the risk that such transitory pricing pressures get embedded in persistently high inflation, it is critical to remember that inflation averaged less than 2% over the past quarter-century, and that statistical measures of trend inflation ran consistently below 2% for decades before the pandemic.” (Remarks at Economic Club of New York, June 1)\nFed Governor Michelle Bowman (voter):“If the supply bottlenecks prove to be more long-lasting than currently expected, I will adjust my views on the inflation outlook accordingly. At this point, the risk that inflation remains persistently above our long-run target of 2% still appears small.” (Remarks at The Colorado Forum, May 5)\nFed Governor Christopher Waller (voter):“Despite the unexpectedly high [April] CPI inflation report yesterday, the factors putting upward pressure on inflation are temporary, and an accommodative monetary policy continues to have an important role to play in supporting the recovery.” (Remarks at the Global Interdependence Center, May 13)\nBoston Fed President Eric Rosengren:“One-time, temporary changes in prices should not impact the medium-term trajectory of inflation.” (Remarks at Boston College, May 5)\nNew York Fed President John Williams:“My personal view is that a big chunk of the increase in the inflation measures that we've seen is really partly this reversal price declines from before, what we often called base effects, plus some special factors like used cars and others where clearly the pandemic has affected demand for certain goods that are in short supply at least in the near term.” (Yahoo Finance interview, June 3)\nPhiladelphia Fed President Patrick Harker:“With the economy picking up and so much fiscal support and monetary accommodation, there is some upside risk to increased inflation.” (Remarks at Women in Housing and Finance Public Policy Luncheon, June 2)\nCleveland Fed President Loretta Mester:“My expectation is that we'll end the year with inflation above 2%. But then next year, as those supply constraints are eased, inflation numbers will go back down. And then, with the support of monetary policy and fiscal policy we’ll see those inflation reads move back up.” (Yahoo Finance interview, May 11)\nRichmond Fed President Thomas Barkin (voter):“Inflation is a multi-year, recurring, persistent phenomenon and as I talk to businesses I’m still not hearing their medium- to long-term expectations on pricing changing, nor are market measures on inflation escalating above our target.” (Remarks at West Virginia Chamber, May 7)\nAtlanta Fed President Raphael Bostic (voter):“We’re really in a turbulent time and what I try to tell people is, this a time when I would expect there to be a fair amount of volatility in inflation.” (Remarks at Council on Foreign Relations, May 12)\nChicago Fed President Charles Evans (voter):“It is important to emphasize that the recent increase in inflation does not appear to be the precursor of a persistent movement to undesirably high levels of inflation.” (Remarks at Bank of Japan, May 25)\nSt. Louis Fed President James Bullard:“We'll see if the demand really flows through to a lasting increase in inflation or if this is just temporary. I think it's mostly temporary but then some of it will flow through to inflation expectations, and then we will get inflation above 2% this year and into 2022.” (Yahoo Finance interview, May 24)\nMinneapolis Fed President Neel Kashkari:“I'm very skeptical that we're going to have sustained high inflation if we still have five or 10 million Americans out of work. We think the labor market is really what's going to drive inflation over the long term.” (Face the Nation interview on CBS, May 9)\nKansas City Fed President Esther George:“What the current pace of inflation means for the inflation outlook for the medium term is less than clear. Many factors that have boosted current inflation seem likely to fade over time. All the same, I am not inclined to dismiss today’s pricing signals or to be overly reliant on historical relationships and dynamics in judging the outlook for inflation.” (Remarks at Oklahoma Bankers Association, May 26)\nDallas Fed President Robert Kaplan:“It’s uncertain as to how long these supply-demand imbalances are going to persist. Our base case is that next year you’ll see some moderation [in inflation], but I think there’s a lot of uncertainty about this.” (Remarks at Dallas Fed, May 17)\nSan Francisco Fed President Mary Daly (voter):\"[Supply constraints] will cause inflation to pop in the next several months, probably through the end of the year, even, achieving levels above 2%. But that's going to be transitory in our judgment — in my judgment. And it'll come back down to the underlying rate of inflation, which I think is about 1.8% going forward.” (Yahoo Finance interview, May 10)","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169823310,"gmtCreate":1623828648730,"gmtModify":1634027461795,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Damn ","listText":"Damn ","text":"Damn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169823310","repostId":"2143375742","repostType":4,"isVote":1,"tweetType":1,"viewCount":2277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169829673,"gmtCreate":1623828613892,"gmtModify":1634027462487,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Of cos a buy ","listText":"Of cos a buy ","text":"Of cos a buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169829673","repostId":"1179963706","repostType":4,"repost":{"id":"1179963706","kind":"news","pubTimestamp":1623828183,"share":"https://www.laohu8.com/m/news/1179963706?lang=&edition=full","pubTime":"2021-06-16 15:23","market":"us","language":"en","title":"Is Virgin Galactic Stock a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1179963706","media":"Motley Fool","summary":"These shares aren't for the faint of heart.","content":"<p>The space industry is a high-potential, high-risk investment opportunity for investors willing to take the leap into some volatility. In the last year alone, the stock of <b>Virgin Galactic Holdings</b> (NYSE:SPCE) has jumped 300%,then fallen 75%, and more than doubled from recent lows. Investors who have held on for the ride have done well, but it hasn't been easy.</p>\n<p>More than even the highest flying growth stocks on the market, this is a boom-and-bust kind of investment right now. If Virgin Galactic succeeds, it could reshape the way we think about space. But if it fails, the company could end in disaster. Right now, I think it's worth the risk.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2bd0b3467fea65d95ded6ecb659b938\" tg-width=\"2000\" tg-height=\"1334\"><span>IMAGE SOURCE: VIRGIN GALACTIC.</span></p>\n<p><b>What fundamentals?</b></p>\n<p>Before we get too far into Virgin Galactic's opportunities, it's important to point out that this is a pre-revenue company. It is burning cash in anticipation of generating revenue from research and from customer tickets for a quick trip into space, but it hasn't launched commercially yet.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51fd6129b14f307e5702187274edae41\" tg-width=\"720\" tg-height=\"435\"><span>SPCE REVENUE (TTM) DATA BY YCHARTS. TTM = TRAILING 12 MONTHS.</span></p>\n<p>Being a pre-revenue company isn't bad, but it shows just how early it is in its development.</p>\n<p><b>Building a new market in space</b></p>\n<p>The bullish case for Virgin Galactic is that it'll redefine how we think about space. For as little as $250,000, anyone can travel into space once commercial flights begin. That sounds like a lot of money, but think about how unattainable space seemed only a decade or two ago. Now, it just takes a big checkbook to get there. The flight is only a few minutes long, but it's a once-in-a-lifetime experience that has already attracted over 600 reservations.</p>\n<p>Management thinks that when operations are fully ramped up, a spaceport like the company has built in New Mexico will be able to generate $1 billion per year in revenue. Build a few spaceports around the world, and suddenly valuing the company at $8.7 billion (its market capitalization today) doesn't seem so crazy.</p>\n<p><b>High-speed travel is next</b></p>\n<p>In development is a Mach 3 aircraft that could take high-speed travel to a new level. While the current spacecraft being tested is meant for tourism, a Mach 3 aircraft could make global travel more efficient, reducing the flight from Los Angeles to Tokyo from 12 hours to three to four hours. And with a capacity of 9 to 19 seats, it would seem more like a flight on a private jet than the failed Concorde, which had a capacity of 92 to 128 passengers.</p>\n<p>We don't know if space tourism or mach-speed travel will succeed but imagine if they do. If thousands of people fly into space each year and it's commonplace to see videos of celebrities or wealthy people in a weightless atmosphere, it has the potential to shape how we view space tourism. At the same time, Virgin Galactic's design of reusable rockets could allow it to reduce costs to make space tourism possible to those willing to spend around $100,000 on a ticket. And that could truly change how we view space. That's the kind of disruption that would drive big gains for investors.</p>\n<p><b>Virgin Galactic is a buy, with risks</b></p>\n<p>The investment thesis for Virgin Galactic is pretty simple: Virgin Galactic could disrupt the way we think about visiting space and Mach-speed travel. Management thinks it can complete 400 space flights per year, generating $1 billion in revenue per spaceport, with the potential to build dozens of spaceports around the world. Long-term, the spaceports could also house mach-speed aircraft. If Virgin Galactic succeeds, the company could open up multibillion-dollar markets that don't exist today.</p>\n<p>As big as the opportunity is, the risks are hefty as well. A failure in testing or product development could sink the company. Today, I think the reward outweighs the risk, and a decade or two from now we'll all know of someone who has visited space. That potential shift in how we think about the universe around us makes this a company I'm excited to own, and follow, into the future.</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>Is Virgin Galactic Stock a Buy?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Virgin Galactic Stock a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 15:23 GMT+8 <a href=https://www.fool.com/investing/2021/06/15/is-virgin-galactic-stock-a-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The space industry is a high-potential, high-risk investment opportunity for investors willing to take the leap into some volatility. In the last year alone, the stock of Virgin Galactic Holdings (...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/15/is-virgin-galactic-stock-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://www.fool.com/investing/2021/06/15/is-virgin-galactic-stock-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179963706","content_text":"The space industry is a high-potential, high-risk investment opportunity for investors willing to take the leap into some volatility. In the last year alone, the stock of Virgin Galactic Holdings (NYSE:SPCE) has jumped 300%,then fallen 75%, and more than doubled from recent lows. Investors who have held on for the ride have done well, but it hasn't been easy.\nMore than even the highest flying growth stocks on the market, this is a boom-and-bust kind of investment right now. If Virgin Galactic succeeds, it could reshape the way we think about space. But if it fails, the company could end in disaster. Right now, I think it's worth the risk.\nIMAGE SOURCE: VIRGIN GALACTIC.\nWhat fundamentals?\nBefore we get too far into Virgin Galactic's opportunities, it's important to point out that this is a pre-revenue company. It is burning cash in anticipation of generating revenue from research and from customer tickets for a quick trip into space, but it hasn't launched commercially yet.\nSPCE REVENUE (TTM) DATA BY YCHARTS. TTM = TRAILING 12 MONTHS.\nBeing a pre-revenue company isn't bad, but it shows just how early it is in its development.\nBuilding a new market in space\nThe bullish case for Virgin Galactic is that it'll redefine how we think about space. For as little as $250,000, anyone can travel into space once commercial flights begin. That sounds like a lot of money, but think about how unattainable space seemed only a decade or two ago. Now, it just takes a big checkbook to get there. The flight is only a few minutes long, but it's a once-in-a-lifetime experience that has already attracted over 600 reservations.\nManagement thinks that when operations are fully ramped up, a spaceport like the company has built in New Mexico will be able to generate $1 billion per year in revenue. Build a few spaceports around the world, and suddenly valuing the company at $8.7 billion (its market capitalization today) doesn't seem so crazy.\nHigh-speed travel is next\nIn development is a Mach 3 aircraft that could take high-speed travel to a new level. While the current spacecraft being tested is meant for tourism, a Mach 3 aircraft could make global travel more efficient, reducing the flight from Los Angeles to Tokyo from 12 hours to three to four hours. And with a capacity of 9 to 19 seats, it would seem more like a flight on a private jet than the failed Concorde, which had a capacity of 92 to 128 passengers.\nWe don't know if space tourism or mach-speed travel will succeed but imagine if they do. If thousands of people fly into space each year and it's commonplace to see videos of celebrities or wealthy people in a weightless atmosphere, it has the potential to shape how we view space tourism. At the same time, Virgin Galactic's design of reusable rockets could allow it to reduce costs to make space tourism possible to those willing to spend around $100,000 on a ticket. And that could truly change how we view space. That's the kind of disruption that would drive big gains for investors.\nVirgin Galactic is a buy, with risks\nThe investment thesis for Virgin Galactic is pretty simple: Virgin Galactic could disrupt the way we think about visiting space and Mach-speed travel. Management thinks it can complete 400 space flights per year, generating $1 billion in revenue per spaceport, with the potential to build dozens of spaceports around the world. Long-term, the spaceports could also house mach-speed aircraft. If Virgin Galactic succeeds, the company could open up multibillion-dollar markets that don't exist today.\nAs big as the opportunity is, the risks are hefty as well. A failure in testing or product development could sink the company. Today, I think the reward outweighs the risk, and a decade or two from now we'll all know of someone who has visited space. That potential shift in how we think about the universe around us makes this a company I'm excited to own, and follow, into the future.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":1340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169820750,"gmtCreate":1623828599570,"gmtModify":1634027462978,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169820750","repostId":"1182315358","repostType":4,"isVote":1,"tweetType":1,"viewCount":1390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187295716,"gmtCreate":1623754639035,"gmtModify":1634028984680,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Not 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10:37","market":"us","language":"en","title":"Investors Are Snapping Up a New Space Stock, Sending Shares Rocketing","url":"https://stock-news.laohu8.com/highlight/detail?id=1183975527","media":"barrons","summary":"Investors are excitedabout space—and they are jumping ona dealthat will bring another fledgling spac","content":"<p>Investors are excitedabout space—and they are jumping ona dealthat will bring another fledgling space company to public markets.</p>\n<p>Tuesday, space-launch company Astra announced it is merging with special purpose acquisition companyHolicity(ticker: HOL). When the merger is complete, the new company with trade under the stock symbol “ASTR.” Until then, space investors can buy Holicity stock. Indeed, they have started to already. Holicity shares were up more than 50% in Tuesday afternoon trading.</p>\n<p>“This transaction takes us a step closer to our mission of improving life on Earth from space by fully funding our plan to provide daily access to low Earth orbit from anywhere on the planet,” said Astra founder and CEO Chris Kemp in the company’snews release.</p>\n<p>The merger gives Astra a pro-forma market capitalization of almost $4.1 billion.</p>\n<p>The number of space stocks and data points is growing like, well, the constellation of satellites circling the globe.Lockheed Martin(LMT), for starters, recently paid about$4.4 billionto acquireAerojet Rocketdyne(ARJD). Space-logistics providerMomentusis merging withStable Road Acquisition(SRAC), giving Momentus a market capitalization of about $3.4 billion based on 151 million shares outstanding when the merger closes.</p>\n<p>Space-tourism pioneerVirgin Galactic(SPCE) has achieved a $12 billion market cap along with a strong following on Wall Street. Six Wall Street analysts rate the shares Buy, while three others rate the sharesHold. The average Buy-rating ratio for stocks in theDow Jones Industrial Averageis about 57%.</p>\n<p>Virgin Orbit is another space-launch services company that recently reached orbit. It is still privately held, not yet finding a SPAC merger partner.</p>\n<p>SpaceXis privately held, as well. Elon Musk’s space firm is the largest of the lot, valued at an estimated $46 billion. SpaceX pioneered the use of reusable rockets, helping to spark the space gold rush. Along with carrying astronautsfor NASAto the International Space Station, the company is launching itsStarlink satellitesto build a global, space-based Wi-Fi business.</p>\n<p>Astra’s rockets don’t appear to be reusable; it is lowering launch costs in other ways. “We’ve invested in machines and infrastructure to produce rockets at scale,” says Kemp ina video tourof the company’s manufacturing facility. Reaching orbit used to take tens of millions of dollars. New companies are lowering the bill to millions of dollars.</p>\n<p>Falling costs are opening outer space for business. For exactly what, however, is still a guess. “Were going to see new applications that no one has ever imagined that will help improve life on earth,” says Kemp. Among the possibilities that people are imagining are new communications technologies like the ones SpaceX is pursuing, detailed earth observation, early-warning systems for defense, and weather and GPS applications.</p>\n<p>Astra appears confident that new applications are coming. The company has ambitions to have daily orbital launches by 2025. Revenue is projected to reach $1.5 billion that year, and Astra projects almost $700 million in free cash flow.</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>Investors Are Snapping Up a New Space Stock, Sending Shares Rocketing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestors Are Snapping Up a New Space Stock, Sending Shares Rocketing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 10:37 GMT+8 <a href=https://www.barrons.com/articles/holicity-shares-rocket-higher-on-news-of-the-spacs-merger-with-astra-51612296073?mod=hp_LEADSUPP_3><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are excitedabout space—and they are jumping ona dealthat will bring another fledgling space company to public markets.\nTuesday, space-launch company Astra announced it is merging with ...</p>\n\n<a href=\"https://www.barrons.com/articles/holicity-shares-rocket-higher-on-news-of-the-spacs-merger-with-astra-51612296073?mod=hp_LEADSUPP_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://www.barrons.com/articles/holicity-shares-rocket-higher-on-news-of-the-spacs-merger-with-astra-51612296073?mod=hp_LEADSUPP_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183975527","content_text":"Investors are excitedabout space—and they are jumping ona dealthat will bring another fledgling space company to public markets.\nTuesday, space-launch company Astra announced it is merging with special purpose acquisition companyHolicity(ticker: HOL). When the merger is complete, the new company with trade under the stock symbol “ASTR.” Until then, space investors can buy Holicity stock. Indeed, they have started to already. Holicity shares were up more than 50% in Tuesday afternoon trading.\n“This transaction takes us a step closer to our mission of improving life on Earth from space by fully funding our plan to provide daily access to low Earth orbit from anywhere on the planet,” said Astra founder and CEO Chris Kemp in the company’snews release.\nThe merger gives Astra a pro-forma market capitalization of almost $4.1 billion.\nThe number of space stocks and data points is growing like, well, the constellation of satellites circling the globe.Lockheed Martin(LMT), for starters, recently paid about$4.4 billionto acquireAerojet Rocketdyne(ARJD). Space-logistics providerMomentusis merging withStable Road Acquisition(SRAC), giving Momentus a market capitalization of about $3.4 billion based on 151 million shares outstanding when the merger closes.\nSpace-tourism pioneerVirgin Galactic(SPCE) has achieved a $12 billion market cap along with a strong following on Wall Street. Six Wall Street analysts rate the shares Buy, while three others rate the sharesHold. The average Buy-rating ratio for stocks in theDow Jones Industrial Averageis about 57%.\nVirgin Orbit is another space-launch services company that recently reached orbit. It is still privately held, not yet finding a SPAC merger partner.\nSpaceXis privately held, as well. Elon Musk’s space firm is the largest of the lot, valued at an estimated $46 billion. SpaceX pioneered the use of reusable rockets, helping to spark the space gold rush. Along with carrying astronautsfor NASAto the International Space Station, the company is launching itsStarlink satellitesto build a global, space-based Wi-Fi business.\nAstra’s rockets don’t appear to be reusable; it is lowering launch costs in other ways. “We’ve invested in machines and infrastructure to produce rockets at scale,” says Kemp ina video tourof the company’s manufacturing facility. Reaching orbit used to take tens of millions of dollars. New companies are lowering the bill to millions of dollars.\nFalling costs are opening outer space for business. For exactly what, however, is still a guess. “Were going to see new applications that no one has ever imagined that will help improve life on earth,” says Kemp. Among the possibilities that people are imagining are new communications technologies like the ones SpaceX is pursuing, detailed earth observation, early-warning systems for defense, and weather and GPS applications.\nAstra appears confident that new applications are coming. The company has ambitions to have daily orbital launches by 2025. Revenue is projected to reach $1.5 billion that year, and Astra projects almost $700 million in free cash flow.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312297474,"gmtCreate":1612149523298,"gmtModify":1703757963486,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Good stuff ","listText":"Good stuff ","text":"Good 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leh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/380768401","repostId":"2109727286","repostType":4,"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314169574,"gmtCreate":1612320158598,"gmtModify":1703760318810,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/314169574","repostId":"1183975527","repostType":4,"repost":{"id":"1183975527","kind":"news","pubTimestamp":1612319838,"share":"https://www.laohu8.com/m/news/1183975527?lang=&edition=full","pubTime":"2021-02-03 10:37","market":"us","language":"en","title":"Investors Are Snapping Up a New Space Stock, Sending Shares Rocketing","url":"https://stock-news.laohu8.com/highlight/detail?id=1183975527","media":"barrons","summary":"Investors are excitedabout space—and they are jumping ona dealthat will bring another fledgling spac","content":"<p>Investors are excitedabout space—and they are jumping ona dealthat will bring another fledgling space company to public markets.</p>\n<p>Tuesday, space-launch company Astra announced it is merging with special purpose acquisition companyHolicity(ticker: HOL). When the merger is complete, the new company with trade under the stock symbol “ASTR.” Until then, space investors can buy Holicity stock. Indeed, they have started to already. Holicity shares were up more than 50% in Tuesday afternoon trading.</p>\n<p>“This transaction takes us a step closer to our mission of improving life on Earth from space by fully funding our plan to provide daily access to low Earth orbit from anywhere on the planet,” said Astra founder and CEO Chris Kemp in the company’snews release.</p>\n<p>The merger gives Astra a pro-forma market capitalization of almost $4.1 billion.</p>\n<p>The number of space stocks and data points is growing like, well, the constellation of satellites circling the globe.Lockheed Martin(LMT), for starters, recently paid about$4.4 billionto acquireAerojet Rocketdyne(ARJD). Space-logistics providerMomentusis merging withStable Road Acquisition(SRAC), giving Momentus a market capitalization of about $3.4 billion based on 151 million shares outstanding when the merger closes.</p>\n<p>Space-tourism pioneerVirgin Galactic(SPCE) has achieved a $12 billion market cap along with a strong following on Wall Street. Six Wall Street analysts rate the shares Buy, while three others rate the sharesHold. The average Buy-rating ratio for stocks in theDow Jones Industrial Averageis about 57%.</p>\n<p>Virgin Orbit is another space-launch services company that recently reached orbit. It is still privately held, not yet finding a SPAC merger partner.</p>\n<p>SpaceXis privately held, as well. Elon Musk’s space firm is the largest of the lot, valued at an estimated $46 billion. SpaceX pioneered the use of reusable rockets, helping to spark the space gold rush. Along with carrying astronautsfor NASAto the International Space Station, the company is launching itsStarlink satellitesto build a global, space-based Wi-Fi business.</p>\n<p>Astra’s rockets don’t appear to be reusable; it is lowering launch costs in other ways. “We’ve invested in machines and infrastructure to produce rockets at scale,” says Kemp ina video tourof the company’s manufacturing facility. Reaching orbit used to take tens of millions of dollars. New companies are lowering the bill to millions of dollars.</p>\n<p>Falling costs are opening outer space for business. For exactly what, however, is still a guess. “Were going to see new applications that no one has ever imagined that will help improve life on earth,” says Kemp. Among the possibilities that people are imagining are new communications technologies like the ones SpaceX is pursuing, detailed earth observation, early-warning systems for defense, and weather and GPS applications.</p>\n<p>Astra appears confident that new applications are coming. The company has ambitions to have daily orbital launches by 2025. Revenue is projected to reach $1.5 billion that year, and Astra projects almost $700 million in free cash flow.</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>Investors Are Snapping Up a New Space Stock, Sending Shares Rocketing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestors Are Snapping Up a New Space Stock, Sending Shares Rocketing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 10:37 GMT+8 <a href=https://www.barrons.com/articles/holicity-shares-rocket-higher-on-news-of-the-spacs-merger-with-astra-51612296073?mod=hp_LEADSUPP_3><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are excitedabout space—and they are jumping ona dealthat will bring another fledgling space company to public markets.\nTuesday, space-launch company Astra announced it is merging with ...</p>\n\n<a href=\"https://www.barrons.com/articles/holicity-shares-rocket-higher-on-news-of-the-spacs-merger-with-astra-51612296073?mod=hp_LEADSUPP_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://www.barrons.com/articles/holicity-shares-rocket-higher-on-news-of-the-spacs-merger-with-astra-51612296073?mod=hp_LEADSUPP_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183975527","content_text":"Investors are excitedabout space—and they are jumping ona dealthat will bring another fledgling space company to public markets.\nTuesday, space-launch company Astra announced it is merging with special purpose acquisition companyHolicity(ticker: HOL). When the merger is complete, the new company with trade under the stock symbol “ASTR.” Until then, space investors can buy Holicity stock. Indeed, they have started to already. Holicity shares were up more than 50% in Tuesday afternoon trading.\n“This transaction takes us a step closer to our mission of improving life on Earth from space by fully funding our plan to provide daily access to low Earth orbit from anywhere on the planet,” said Astra founder and CEO Chris Kemp in the company’snews release.\nThe merger gives Astra a pro-forma market capitalization of almost $4.1 billion.\nThe number of space stocks and data points is growing like, well, the constellation of satellites circling the globe.Lockheed Martin(LMT), for starters, recently paid about$4.4 billionto acquireAerojet Rocketdyne(ARJD). Space-logistics providerMomentusis merging withStable Road Acquisition(SRAC), giving Momentus a market capitalization of about $3.4 billion based on 151 million shares outstanding when the merger closes.\nSpace-tourism pioneerVirgin Galactic(SPCE) has achieved a $12 billion market cap along with a strong following on Wall Street. Six Wall Street analysts rate the shares Buy, while three others rate the sharesHold. The average Buy-rating ratio for stocks in theDow Jones Industrial Averageis about 57%.\nVirgin Orbit is another space-launch services company that recently reached orbit. It is still privately held, not yet finding a SPAC merger partner.\nSpaceXis privately held, as well. Elon Musk’s space firm is the largest of the lot, valued at an estimated $46 billion. SpaceX pioneered the use of reusable rockets, helping to spark the space gold rush. Along with carrying astronautsfor NASAto the International Space Station, the company is launching itsStarlink satellitesto build a global, space-based Wi-Fi business.\nAstra’s rockets don’t appear to be reusable; it is lowering launch costs in other ways. “We’ve invested in machines and infrastructure to produce rockets at scale,” says Kemp ina video tourof the company’s manufacturing facility. Reaching orbit used to take tens of millions of dollars. New companies are lowering the bill to millions of dollars.\nFalling costs are opening outer space for business. For exactly what, however, is still a guess. “Were going to see new applications that no one has ever imagined that will help improve life on earth,” says Kemp. Among the possibilities that people are imagining are new communications technologies like the ones SpaceX is pursuing, detailed earth observation, early-warning systems for defense, and weather and GPS applications.\nAstra appears confident that new applications are coming. The company has ambitions to have daily orbital launches by 2025. Revenue is projected to reach $1.5 billion that year, and Astra projects almost $700 million in free cash flow.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169821726,"gmtCreate":1623828733565,"gmtModify":1634027459906,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169821726","repostId":"1135791696","repostType":4,"repost":{"id":"1135791696","kind":"news","pubTimestamp":1623813782,"share":"https://www.laohu8.com/m/news/1135791696?lang=&edition=full","pubTime":"2021-06-16 11:23","market":"us","language":"en","title":"FOMC preview: Inflationary pressures tempt taper talk","url":"https://stock-news.laohu8.com/highlight/detail?id=1135791696","media":"Yahoo Finance","summary":"The Federal Reserve had hoped for a string of strong jobs reports showing a pace of 1 million monthly job gains.Instead, the Fed received larger-than-expected readings on inflation.For a central bank that has reiterated its higher bar for pulling its monetary stimulus, recent data points could test the resolve of policymakers with regard to its quantitative easing program.Since the Fed’s last policy-setting meeting in May, several Fed officials voiced interest in taking the first step toward slo","content":"<p>The Federal Reserve had hoped for a string of strong jobs reports showing a pace of 1 million monthly job gains.</p>\n<p>Instead, the Fed received larger-than-expected readings on inflation.</p>\n<p>For a central bank that has reiterated its higher bar for pulling its monetary stimulus, recent data points could test the resolve of policymakers with regard to its quantitative easing program.</p>\n<p>Since the Fed’s last policy-setting meeting in May, several Fed officials voiced interest in taking the first step toward slowing the central bank’s $120 billion-a-month pace of U.S. Treasury and agency mortgage-backed securities purchases.</p>\n<p>“There is some upside risk to increased inflation,” Philadelphia Fed President Patrick Harker said on June 2.</p>\n<p>The Consumer Price Index in May rose by the fastest year-over-year pace since August 2008. Another measure of inflation, the Producer Price Index,recorded its fastest 12-month growth on record since the Bureau of Labor Statistics began the dataset in November 2010.</p>\n<p>Still, many Fed officials insist that the high data readings are due to temporary factors like supply chain bottlenecks. Shortages in microchips are continuing to put upward pressure on cars. But lumber prices, which skyrocketed in the late spring, are now tumbling.</p>\n<p>“I continue to believe as my baseline case that this will prove to be largely transitory,” Fed Vice Chairman Richard Clarida told Yahoo Finance on May 25 (before the May CPI and PPI prints).</p>\n<p>Fed watchers expect that “transitory” will remain the prevailing view among the Federal Open Market Committee, meaning that those eager to talk about tapering may be in the minority this week.</p>\n<p>A BofA survey done last week noted that 63% of global fund managers do not expect the Fed to signal tapering until August or September — most likely at the Fed’s late-August meeting in Jackson Hole, Wyoming.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f12fb608045aa97206f53cbac6b7c64c\" tg-width=\"960\" tg-height=\"625\"><span>A BofA survey conducted between June 4-10, 2021 notes that most fund managers do not expect the Fed to signal a taper in this week's meeting. Source: BofA Fund Manager Survey, DataStream</span></p>\n<p>“This is not a Fed that is rushing to the exits,” BofA Global Research analysts wrote on June 14. “That said, we expect a few nuanced changes that would sound less dovish than in the April meeting.”</p>\n<p>The Fed is continuing to keep a focus on the labor market, where May jobs data showed the economy still 7.6 million jobs short of pre-pandemic levels.</p>\n<p><b>When is a rate hike coming?</b></p>\n<p>Commentary on the Fed’s asset purchases could come from the FOMC policy statement or Fed Chairman Jerome Powell’s press conference at 2:30 p.m. ET on Wednesday.</p>\n<p>The FOMC’s next round of economic projections, due alongside the policy statement, could also offer some clues.</p>\n<p>Those projections will include an update to the so-called “dot plots,” which map out each FOMC member’s forecasts for where interest rates may head in the future. The Fed’s last round of projections in March had the median member of the committee projecting no rate hike through the end of 2023.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bbea5dc5ee450e2a475e989236c55734\" tg-width=\"960\" tg-height=\"975\"><span>The March 2021 Summary of Economic Projections map out each FOMC member's expectations for where interest rates may go in the coming years. The so-called \"dot plots\" show the median member expecting no rate hike through the end of 2023. Source: Federal Reserve</span></p>\n<p>With more Fed officials having expressed interest in kicking off taper talks, chatter is building over whether or not the dot plot will show the median FOMC member projecting a rate hike by the end of 2023.</p>\n<p>“In light of the transitory nature of the recent spike in prices, our best guess is no, but it is a close call,” Goldman Sachs’s economics team wrote on June 13.</p>\n<p>The Goldman note pointed out that the dots may be “guided by some steering” from Powell, who would face some tricky questions on how the “transitory” view on inflation squares with the expectation for an earlier rate hike.</p>\n<p>Still, if only three more FOMC members revise up their expectations for interest rates in 2023, the median dot would reflect one rate hike.</p>\n<p>Here’s what Fed officials have said since the central bank’s last policy-setting meeting in April:</p>\n<p><b>What Fed officials have said about inflation:</b></p>\n<p><b>Fed Chairman Jerome Powell (voter):</b>“We saw in the last expansion that unemployment could go to 50 year lows without troubling inflation and we put that to work.” (Remarks at National Community Reinvestment Coalition, May 3)</p>\n<p><b>Fed Vice Chairman Richard Clarida (voter):</b>“If in the risk case, the upward pressure on inflation were to prove to be more persistent and to put upward pressure on inflation expectations we have the tools and I'm convinced that we would act to counteract and bring inflation down to our long-run goal of 2%.” (Yahoo Finance interview, May 25)</p>\n<p><b>Fed Vice Chairman Randal Quarles (voter):</b>“You’re going to see inflationary pressures. That’s going to happen. It’s not going to be surprising. And one would expect it to be temporary. But we could be wrong.” (Politico interview, June 1)</p>\n<p><b>Fed Governor Lael Brainard (voter):</b>“In assessing the risk that such transitory pricing pressures get embedded in persistently high inflation, it is critical to remember that inflation averaged less than 2% over the past quarter-century, and that statistical measures of trend inflation ran consistently below 2% for decades before the pandemic.” (Remarks at Economic Club of New York, June 1)</p>\n<p><b>Fed Governor Michelle Bowman (voter):</b>“If the supply bottlenecks prove to be more long-lasting than currently expected, I will adjust my views on the inflation outlook accordingly. At this point, the risk that inflation remains persistently above our long-run target of 2% still appears small.” (Remarks at The Colorado Forum, May 5)</p>\n<p><b>Fed Governor Christopher Waller (voter):</b>“Despite the unexpectedly high [April] CPI inflation report yesterday, the factors putting upward pressure on inflation are temporary, and an accommodative monetary policy continues to have an important role to play in supporting the recovery.” (Remarks at the Global Interdependence Center, May 13)</p>\n<p><b>Boston Fed President Eric Rosengren:</b>“One-time, temporary changes in prices should not impact the medium-term trajectory of inflation.” (Remarks at Boston College, May 5)</p>\n<p><b>New York Fed President John Williams:</b>“My personal view is that a big chunk of the increase in the inflation measures that we've seen is really partly this reversal price declines from before, what we often called base effects, plus some special factors like used cars and others where clearly the pandemic has affected demand for certain goods that are in short supply at least in the near term.” (Yahoo Finance interview, June 3)</p>\n<p><b>Philadelphia Fed President Patrick Harker:</b>“With the economy picking up and so much fiscal support and monetary accommodation, there is some upside risk to increased inflation.” (Remarks at Women in Housing and Finance Public Policy Luncheon, June 2)</p>\n<p><b>Cleveland Fed President Loretta Mester:</b>“My expectation is that we'll end the year with inflation above 2%. But then next year, as those supply constraints are eased, inflation numbers will go back down. And then, with the support of monetary policy and fiscal policy we’ll see those inflation reads move back up.” (Yahoo Finance interview, May 11)</p>\n<p><b>Richmond Fed President Thomas Barkin (voter):</b>“Inflation is a multi-year, recurring, persistent phenomenon and as I talk to businesses I’m still not hearing their medium- to long-term expectations on pricing changing, nor are market measures on inflation escalating above our target.” (Remarks at West Virginia Chamber, May 7)</p>\n<p><b>Atlanta Fed President Raphael Bostic (voter):</b>“We’re really in a turbulent time and what I try to tell people is, this a time when I would expect there to be a fair amount of volatility in inflation.” (Remarks at Council on Foreign Relations, May 12)</p>\n<p><b>Chicago Fed President Charles Evans (voter):</b>“It is important to emphasize that the recent increase in inflation does not appear to be the precursor of a persistent movement to undesirably high levels of inflation.” (Remarks at Bank of Japan, May 25)</p>\n<p><b>St. Louis Fed President James Bullard:</b>“We'll see if the demand really flows through to a lasting increase in inflation or if this is just temporary. I think it's mostly temporary but then some of it will flow through to inflation expectations, and then we will get inflation above 2% this year and into 2022.” (Yahoo Finance interview, May 24)</p>\n<p><b>Minneapolis Fed President Neel Kashkari:</b>“I'm very skeptical that we're going to have sustained high inflation if we still have five or 10 million Americans out of work. We think the labor market is really what's going to drive inflation over the long term.” (Face the Nation interview on CBS, May 9)</p>\n<p><b>Kansas City Fed President Esther George:</b>“What the current pace of inflation means for the inflation outlook for the medium term is less than clear. Many factors that have boosted current inflation seem likely to fade over time. All the same, I am not inclined to dismiss today’s pricing signals or to be overly reliant on historical relationships and dynamics in judging the outlook for inflation.” (Remarks at Oklahoma Bankers Association, May 26)</p>\n<p><b>Dallas Fed President Robert Kaplan:</b>“It’s uncertain as to how long these supply-demand imbalances are going to persist. Our base case is that next year you’ll see some moderation [in inflation], but I think there’s a lot of uncertainty about this.” (Remarks at Dallas Fed, May 17)</p>\n<p><b>San Francisco Fed President Mary Daly (voter):</b>\"[Supply constraints] will cause inflation to pop in the next several months, probably through the end of the year, even, achieving levels above 2%. But that's going to be transitory in our judgment — in my judgment. And it'll come back down to the underlying rate of inflation, which I think is about 1.8% going forward.” (Yahoo Finance interview, May 10)</p>","source":"yahoofinance_sg","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>FOMC preview: Inflationary pressures tempt taper talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFOMC preview: Inflationary pressures tempt taper talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 11:23 GMT+8 <a href=https://finance.yahoo.com/news/fed-fomc-monetary-policy-preview-june-2021-191602338.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve had hoped for a string of strong jobs reports showing a pace of 1 million monthly job gains.\nInstead, the Fed received larger-than-expected readings on inflation.\nFor a central ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fed-fomc-monetary-policy-preview-june-2021-191602338.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/fed-fomc-monetary-policy-preview-june-2021-191602338.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135791696","content_text":"The Federal Reserve had hoped for a string of strong jobs reports showing a pace of 1 million monthly job gains.\nInstead, the Fed received larger-than-expected readings on inflation.\nFor a central bank that has reiterated its higher bar for pulling its monetary stimulus, recent data points could test the resolve of policymakers with regard to its quantitative easing program.\nSince the Fed’s last policy-setting meeting in May, several Fed officials voiced interest in taking the first step toward slowing the central bank’s $120 billion-a-month pace of U.S. Treasury and agency mortgage-backed securities purchases.\n“There is some upside risk to increased inflation,” Philadelphia Fed President Patrick Harker said on June 2.\nThe Consumer Price Index in May rose by the fastest year-over-year pace since August 2008. Another measure of inflation, the Producer Price Index,recorded its fastest 12-month growth on record since the Bureau of Labor Statistics began the dataset in November 2010.\nStill, many Fed officials insist that the high data readings are due to temporary factors like supply chain bottlenecks. Shortages in microchips are continuing to put upward pressure on cars. But lumber prices, which skyrocketed in the late spring, are now tumbling.\n“I continue to believe as my baseline case that this will prove to be largely transitory,” Fed Vice Chairman Richard Clarida told Yahoo Finance on May 25 (before the May CPI and PPI prints).\nFed watchers expect that “transitory” will remain the prevailing view among the Federal Open Market Committee, meaning that those eager to talk about tapering may be in the minority this week.\nA BofA survey done last week noted that 63% of global fund managers do not expect the Fed to signal tapering until August or September — most likely at the Fed’s late-August meeting in Jackson Hole, Wyoming.\nA BofA survey conducted between June 4-10, 2021 notes that most fund managers do not expect the Fed to signal a taper in this week's meeting. Source: BofA Fund Manager Survey, DataStream\n“This is not a Fed that is rushing to the exits,” BofA Global Research analysts wrote on June 14. “That said, we expect a few nuanced changes that would sound less dovish than in the April meeting.”\nThe Fed is continuing to keep a focus on the labor market, where May jobs data showed the economy still 7.6 million jobs short of pre-pandemic levels.\nWhen is a rate hike coming?\nCommentary on the Fed’s asset purchases could come from the FOMC policy statement or Fed Chairman Jerome Powell’s press conference at 2:30 p.m. ET on Wednesday.\nThe FOMC’s next round of economic projections, due alongside the policy statement, could also offer some clues.\nThose projections will include an update to the so-called “dot plots,” which map out each FOMC member’s forecasts for where interest rates may head in the future. The Fed’s last round of projections in March had the median member of the committee projecting no rate hike through the end of 2023.\nThe March 2021 Summary of Economic Projections map out each FOMC member's expectations for where interest rates may go in the coming years. The so-called \"dot plots\" show the median member expecting no rate hike through the end of 2023. Source: Federal Reserve\nWith more Fed officials having expressed interest in kicking off taper talks, chatter is building over whether or not the dot plot will show the median FOMC member projecting a rate hike by the end of 2023.\n“In light of the transitory nature of the recent spike in prices, our best guess is no, but it is a close call,” Goldman Sachs’s economics team wrote on June 13.\nThe Goldman note pointed out that the dots may be “guided by some steering” from Powell, who would face some tricky questions on how the “transitory” view on inflation squares with the expectation for an earlier rate hike.\nStill, if only three more FOMC members revise up their expectations for interest rates in 2023, the median dot would reflect one rate hike.\nHere’s what Fed officials have said since the central bank’s last policy-setting meeting in April:\nWhat Fed officials have said about inflation:\nFed Chairman Jerome Powell (voter):“We saw in the last expansion that unemployment could go to 50 year lows without troubling inflation and we put that to work.” (Remarks at National Community Reinvestment Coalition, May 3)\nFed Vice Chairman Richard Clarida (voter):“If in the risk case, the upward pressure on inflation were to prove to be more persistent and to put upward pressure on inflation expectations we have the tools and I'm convinced that we would act to counteract and bring inflation down to our long-run goal of 2%.” (Yahoo Finance interview, May 25)\nFed Vice Chairman Randal Quarles (voter):“You’re going to see inflationary pressures. That’s going to happen. It’s not going to be surprising. And one would expect it to be temporary. But we could be wrong.” (Politico interview, June 1)\nFed Governor Lael Brainard (voter):“In assessing the risk that such transitory pricing pressures get embedded in persistently high inflation, it is critical to remember that inflation averaged less than 2% over the past quarter-century, and that statistical measures of trend inflation ran consistently below 2% for decades before the pandemic.” (Remarks at Economic Club of New York, June 1)\nFed Governor Michelle Bowman (voter):“If the supply bottlenecks prove to be more long-lasting than currently expected, I will adjust my views on the inflation outlook accordingly. At this point, the risk that inflation remains persistently above our long-run target of 2% still appears small.” (Remarks at The Colorado Forum, May 5)\nFed Governor Christopher Waller (voter):“Despite the unexpectedly high [April] CPI inflation report yesterday, the factors putting upward pressure on inflation are temporary, and an accommodative monetary policy continues to have an important role to play in supporting the recovery.” (Remarks at the Global Interdependence Center, May 13)\nBoston Fed President Eric Rosengren:“One-time, temporary changes in prices should not impact the medium-term trajectory of inflation.” (Remarks at Boston College, May 5)\nNew York Fed President John Williams:“My personal view is that a big chunk of the increase in the inflation measures that we've seen is really partly this reversal price declines from before, what we often called base effects, plus some special factors like used cars and others where clearly the pandemic has affected demand for certain goods that are in short supply at least in the near term.” (Yahoo Finance interview, June 3)\nPhiladelphia Fed President Patrick Harker:“With the economy picking up and so much fiscal support and monetary accommodation, there is some upside risk to increased inflation.” (Remarks at Women in Housing and Finance Public Policy Luncheon, June 2)\nCleveland Fed President Loretta Mester:“My expectation is that we'll end the year with inflation above 2%. But then next year, as those supply constraints are eased, inflation numbers will go back down. And then, with the support of monetary policy and fiscal policy we’ll see those inflation reads move back up.” (Yahoo Finance interview, May 11)\nRichmond Fed President Thomas Barkin (voter):“Inflation is a multi-year, recurring, persistent phenomenon and as I talk to businesses I’m still not hearing their medium- to long-term expectations on pricing changing, nor are market measures on inflation escalating above our target.” (Remarks at West Virginia Chamber, May 7)\nAtlanta Fed President Raphael Bostic (voter):“We’re really in a turbulent time and what I try to tell people is, this a time when I would expect there to be a fair amount of volatility in inflation.” (Remarks at Council on Foreign Relations, May 12)\nChicago Fed President Charles Evans (voter):“It is important to emphasize that the recent increase in inflation does not appear to be the precursor of a persistent movement to undesirably high levels of inflation.” (Remarks at Bank of Japan, May 25)\nSt. Louis Fed President James Bullard:“We'll see if the demand really flows through to a lasting increase in inflation or if this is just temporary. I think it's mostly temporary but then some of it will flow through to inflation expectations, and then we will get inflation above 2% this year and into 2022.” (Yahoo Finance interview, May 24)\nMinneapolis Fed President Neel Kashkari:“I'm very skeptical that we're going to have sustained high inflation if we still have five or 10 million Americans out of work. We think the labor market is really what's going to drive inflation over the long term.” (Face the Nation interview on CBS, May 9)\nKansas City Fed President Esther George:“What the current pace of inflation means for the inflation outlook for the medium term is less than clear. Many factors that have boosted current inflation seem likely to fade over time. All the same, I am not inclined to dismiss today’s pricing signals or to be overly reliant on historical relationships and dynamics in judging the outlook for inflation.” (Remarks at Oklahoma Bankers Association, May 26)\nDallas Fed President Robert Kaplan:“It’s uncertain as to how long these supply-demand imbalances are going to persist. Our base case is that next year you’ll see some moderation [in inflation], but I think there’s a lot of uncertainty about this.” (Remarks at Dallas Fed, May 17)\nSan Francisco Fed President Mary Daly (voter):\"[Supply constraints] will cause inflation to pop in the next several months, probably through the end of the year, even, achieving levels above 2%. But that's going to be transitory in our judgment — in my judgment. And it'll come back down to the underlying rate of inflation, which I think is about 1.8% going forward.” (Yahoo Finance interview, May 10)","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169823310,"gmtCreate":1623828648730,"gmtModify":1634027461795,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Damn ","listText":"Damn ","text":"Damn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169823310","repostId":"2143375742","repostType":4,"isVote":1,"tweetType":1,"viewCount":2277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169829673,"gmtCreate":1623828613892,"gmtModify":1634027462487,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Of cos a buy ","listText":"Of cos a buy ","text":"Of cos a buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169829673","repostId":"1179963706","repostType":4,"repost":{"id":"1179963706","kind":"news","pubTimestamp":1623828183,"share":"https://www.laohu8.com/m/news/1179963706?lang=&edition=full","pubTime":"2021-06-16 15:23","market":"us","language":"en","title":"Is Virgin Galactic Stock a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1179963706","media":"Motley Fool","summary":"These shares aren't for the faint of heart.","content":"<p>The space industry is a high-potential, high-risk investment opportunity for investors willing to take the leap into some volatility. In the last year alone, the stock of <b>Virgin Galactic Holdings</b> (NYSE:SPCE) has jumped 300%,then fallen 75%, and more than doubled from recent lows. Investors who have held on for the ride have done well, but it hasn't been easy.</p>\n<p>More than even the highest flying growth stocks on the market, this is a boom-and-bust kind of investment right now. If Virgin Galactic succeeds, it could reshape the way we think about space. But if it fails, the company could end in disaster. Right now, I think it's worth the risk.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2bd0b3467fea65d95ded6ecb659b938\" tg-width=\"2000\" tg-height=\"1334\"><span>IMAGE SOURCE: VIRGIN GALACTIC.</span></p>\n<p><b>What fundamentals?</b></p>\n<p>Before we get too far into Virgin Galactic's opportunities, it's important to point out that this is a pre-revenue company. It is burning cash in anticipation of generating revenue from research and from customer tickets for a quick trip into space, but it hasn't launched commercially yet.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51fd6129b14f307e5702187274edae41\" tg-width=\"720\" tg-height=\"435\"><span>SPCE REVENUE (TTM) DATA BY YCHARTS. TTM = TRAILING 12 MONTHS.</span></p>\n<p>Being a pre-revenue company isn't bad, but it shows just how early it is in its development.</p>\n<p><b>Building a new market in space</b></p>\n<p>The bullish case for Virgin Galactic is that it'll redefine how we think about space. For as little as $250,000, anyone can travel into space once commercial flights begin. That sounds like a lot of money, but think about how unattainable space seemed only a decade or two ago. Now, it just takes a big checkbook to get there. The flight is only a few minutes long, but it's a once-in-a-lifetime experience that has already attracted over 600 reservations.</p>\n<p>Management thinks that when operations are fully ramped up, a spaceport like the company has built in New Mexico will be able to generate $1 billion per year in revenue. Build a few spaceports around the world, and suddenly valuing the company at $8.7 billion (its market capitalization today) doesn't seem so crazy.</p>\n<p><b>High-speed travel is next</b></p>\n<p>In development is a Mach 3 aircraft that could take high-speed travel to a new level. While the current spacecraft being tested is meant for tourism, a Mach 3 aircraft could make global travel more efficient, reducing the flight from Los Angeles to Tokyo from 12 hours to three to four hours. And with a capacity of 9 to 19 seats, it would seem more like a flight on a private jet than the failed Concorde, which had a capacity of 92 to 128 passengers.</p>\n<p>We don't know if space tourism or mach-speed travel will succeed but imagine if they do. If thousands of people fly into space each year and it's commonplace to see videos of celebrities or wealthy people in a weightless atmosphere, it has the potential to shape how we view space tourism. At the same time, Virgin Galactic's design of reusable rockets could allow it to reduce costs to make space tourism possible to those willing to spend around $100,000 on a ticket. And that could truly change how we view space. That's the kind of disruption that would drive big gains for investors.</p>\n<p><b>Virgin Galactic is a buy, with risks</b></p>\n<p>The investment thesis for Virgin Galactic is pretty simple: Virgin Galactic could disrupt the way we think about visiting space and Mach-speed travel. Management thinks it can complete 400 space flights per year, generating $1 billion in revenue per spaceport, with the potential to build dozens of spaceports around the world. Long-term, the spaceports could also house mach-speed aircraft. If Virgin Galactic succeeds, the company could open up multibillion-dollar markets that don't exist today.</p>\n<p>As big as the opportunity is, the risks are hefty as well. A failure in testing or product development could sink the company. Today, I think the reward outweighs the risk, and a decade or two from now we'll all know of someone who has visited space. That potential shift in how we think about the universe around us makes this a company I'm excited to own, and follow, into the future.</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>Is Virgin Galactic Stock a Buy?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Virgin Galactic Stock a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 15:23 GMT+8 <a href=https://www.fool.com/investing/2021/06/15/is-virgin-galactic-stock-a-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The space industry is a high-potential, high-risk investment opportunity for investors willing to take the leap into some volatility. In the last year alone, the stock of Virgin Galactic Holdings (...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/15/is-virgin-galactic-stock-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://www.fool.com/investing/2021/06/15/is-virgin-galactic-stock-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179963706","content_text":"The space industry is a high-potential, high-risk investment opportunity for investors willing to take the leap into some volatility. In the last year alone, the stock of Virgin Galactic Holdings (NYSE:SPCE) has jumped 300%,then fallen 75%, and more than doubled from recent lows. Investors who have held on for the ride have done well, but it hasn't been easy.\nMore than even the highest flying growth stocks on the market, this is a boom-and-bust kind of investment right now. If Virgin Galactic succeeds, it could reshape the way we think about space. But if it fails, the company could end in disaster. Right now, I think it's worth the risk.\nIMAGE SOURCE: VIRGIN GALACTIC.\nWhat fundamentals?\nBefore we get too far into Virgin Galactic's opportunities, it's important to point out that this is a pre-revenue company. It is burning cash in anticipation of generating revenue from research and from customer tickets for a quick trip into space, but it hasn't launched commercially yet.\nSPCE REVENUE (TTM) DATA BY YCHARTS. TTM = TRAILING 12 MONTHS.\nBeing a pre-revenue company isn't bad, but it shows just how early it is in its development.\nBuilding a new market in space\nThe bullish case for Virgin Galactic is that it'll redefine how we think about space. For as little as $250,000, anyone can travel into space once commercial flights begin. That sounds like a lot of money, but think about how unattainable space seemed only a decade or two ago. Now, it just takes a big checkbook to get there. The flight is only a few minutes long, but it's a once-in-a-lifetime experience that has already attracted over 600 reservations.\nManagement thinks that when operations are fully ramped up, a spaceport like the company has built in New Mexico will be able to generate $1 billion per year in revenue. Build a few spaceports around the world, and suddenly valuing the company at $8.7 billion (its market capitalization today) doesn't seem so crazy.\nHigh-speed travel is next\nIn development is a Mach 3 aircraft that could take high-speed travel to a new level. While the current spacecraft being tested is meant for tourism, a Mach 3 aircraft could make global travel more efficient, reducing the flight from Los Angeles to Tokyo from 12 hours to three to four hours. And with a capacity of 9 to 19 seats, it would seem more like a flight on a private jet than the failed Concorde, which had a capacity of 92 to 128 passengers.\nWe don't know if space tourism or mach-speed travel will succeed but imagine if they do. If thousands of people fly into space each year and it's commonplace to see videos of celebrities or wealthy people in a weightless atmosphere, it has the potential to shape how we view space tourism. At the same time, Virgin Galactic's design of reusable rockets could allow it to reduce costs to make space tourism possible to those willing to spend around $100,000 on a ticket. And that could truly change how we view space. That's the kind of disruption that would drive big gains for investors.\nVirgin Galactic is a buy, with risks\nThe investment thesis for Virgin Galactic is pretty simple: Virgin Galactic could disrupt the way we think about visiting space and Mach-speed travel. Management thinks it can complete 400 space flights per year, generating $1 billion in revenue per spaceport, with the potential to build dozens of spaceports around the world. Long-term, the spaceports could also house mach-speed aircraft. If Virgin Galactic succeeds, the company could open up multibillion-dollar markets that don't exist today.\nAs big as the opportunity is, the risks are hefty as well. A failure in testing or product development could sink the company. Today, I think the reward outweighs the risk, and a decade or two from now we'll all know of someone who has visited space. That potential shift in how we think about the universe around us makes this a company I'm excited to own, and follow, into the future.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":1340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187295716,"gmtCreate":1623754639035,"gmtModify":1634028984680,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Not my Tesla ","listText":"Not my Tesla ","text":"Not my Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187295716","repostId":"1106218942","repostType":4,"isVote":1,"tweetType":1,"viewCount":1523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187296407,"gmtCreate":1623754563609,"gmtModify":1634028986772,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187296407","repostId":"1122399963","repostType":4,"isVote":1,"tweetType":1,"viewCount":1524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187296643,"gmtCreate":1623754550182,"gmtModify":1634028987014,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187296643","repostId":"1184288080","repostType":4,"isVote":1,"tweetType":1,"viewCount":1207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187299161,"gmtCreate":1623754405453,"gmtModify":1634028990458,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Interesting ","listText":"Interesting ","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187299161","repostId":"1181891821","repostType":4,"isVote":1,"tweetType":1,"viewCount":1374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187299069,"gmtCreate":1623754392051,"gmtModify":1634028990702,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187299069","repostId":"1163671123","repostType":4,"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312295515,"gmtCreate":1612149088837,"gmtModify":1703757960043,"author":{"id":"3569671563535771","authorId":"3569671563535771","name":"Gpoh","avatar":"https://static.tigerbbs.com/ee7c8d4a29fb782635166acf40cbe5b0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569671563535771","authorIdStr":"3569671563535771"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/312295515","repostId":"2107223515","repostType":2,"isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}