Matchapie的个人主页 - 老虎社区

Matchapie

Matchapie

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IP属地：未知

104关注

4粉丝

0主题

0勋章

2021-07-20

$Guggenheim China Technology ETF(CQQQ)$hm

2021-06-18

i want my graphics card

2021-06-16

$Mach7 Tech(M7T.AU)$:(

2021-06-14

$Tiger Brokers(TIGR)$let’s go

2021-06-14

oh what

抱歉，原内容已删除

2021-06-14

crazy

抱歉，原内容已删除

2021-06-11

$Tiger Brokers(TIGR)$oo

2021-05-31

i think it’s a good business

2021-05-31

$RLX Technology(RLX)$nice

2021-05-06

$Guggenheim China Technology ETF(CQQQ)$hmm

2021-04-26

$RLX Technology(RLX)$wew

2021-04-22

$RLX Technology(RLX)$heh

2021-04-20

$BANK OF CHINA(03988)$very nice

2021-04-12

$Mach7 Tech(M7T.AU)$the sharp jump :O

2021-03-30

$Guggenheim China Technology ETF(CQQQ)$i wonder when it’ll stop going down

2021-03-28

$RLX Technology(RLX)$long term it will be fine, i trust

2021-03-27

this or Nvidia

抱歉，原内容已删除

2021-03-27

but is it really

抱歉，原内容已删除

2021-03-27

$Alibaba(BABA)$happy to get under $230

2021-03-26

$Alibaba(BABA)$lesgo baba

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Technology(RLX)$</a>long term it will be fine, i trust&nbsp;","text":"$RLX Technology(RLX)$long term it will be fine, i trust","images":[{"img":"https://static.tigerbbs.com/61f3ee63d69059ef86e5206f4052d6d3","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/352830956","isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":352930143,"gmtCreate":1616851149282,"gmtModify":1634523730685,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"this or Nvidia&nbsp;","listText":"this or Nvidia&nbsp;","text":"this or Nvidia","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/352930143","repostId":"2122472374","repostType":4,"isVote":1,"tweetType":1,"viewCount":554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352930391,"gmtCreate":1616851131913,"gmtModify":1634523730807,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"but is it really&nbsp;","listText":"but is it really&nbsp;","text":"but is it really","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/352930391","repostId":"1114428323","repostType":4,"isVote":1,"tweetType":1,"viewCount":700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352997464,"gmtCreate":1616850963458,"gmtModify":1634523731271,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>happy to get under $230","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>happy to get under $230","text":"$Alibaba(BABA)$happy to get under $230","images":[{"img":"https://static.tigerbbs.com/699bdd8bd9bd4fbad9fd25ffe2c0b34d","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/352997464","isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":356396782,"gmtCreate":1616753929246,"gmtModify":1634524178890,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>lesgo baba","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>lesgo baba","text":"$Alibaba(BABA)$lesgo baba","images":[{"img":"https://static.tigerbbs.com/694ad63268bc63f3c6a7fe10a4a04193","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/356396782","isVote":1,"tweetType":1,"viewCount":379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":369701474,"gmtCreate":1614074108198,"gmtModify":1634551295774,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"disney is very interesting&nbsp;","listText":"disney is very interesting&nbsp;","text":"disney is very interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/369701474","repostId":"1162512089","repostType":2,"repost":{"id":"1162512089","kind":"news","pubTimestamp":1614073940,"share":"https://www.laohu8.com/m/news/1162512089?lang=zh_CN&edition=full","pubTime":"2021-02-23 17:52","market":"us","language":"en","title":"Why Disney Stock Rose to a New All-Time High<blockquote>迪士尼股价为何升至历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1162512089","media":"Motley Fool","summary":"The entertainment titan gives investors many ways to win.\nWhat happened\nShares of Walt Disney (NYSE:","content":"<p>The entertainment titan gives investors many ways to win.</p><p><blockquote>这家娱乐巨头为投资者提供了多种获胜方式。</blockquote></p><p> <b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Shares of&nbsp;<b>Walt Disney</b>&nbsp;(NYSE:DIS)&nbsp;climbed 4.4% to a closing high of $191.76 on Monday, as investors rotated into companies that could benefit once the COVID-19 crisis subsides.</p><p><blockquote>本公司之股份<b>迪斯尼</b>(NYSE：DIS)周一上涨4.4%，至191.76美元的收盘高点，投资者纷纷转向一旦COVID-19危机消退可能受益的公司。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Even as the number of coronavirus-related deaths in the U.S. surpasses 500,000, many people are beginning to look ahead to an eventual end to the health crisis. New COVID-19 cases are declining in many areas of the world as governments ramp up their vaccination efforts. Investors, in turn, bid up the&nbsp;stock&nbsp;prices of companies that stand to profit from a potential post-pandemic recovery.</p><p><blockquote>尽管美国与冠状病毒相关的死亡人数超过50万，但许多人开始展望健康危机的最终结束。随着各国政府加大疫苗接种力度，世界许多地区的新冠肺炎病例正在下降。反过来，投资者抬高了那些有望从大流行后潜在复苏中获利的公司的股价。</blockquote></p><p> Disney is a prominent example of such a company. Its theme parks, cruise ships, and movie studios could see their revenues quickly rebound if the travel and entertainment industries experience a post-COVID boom. Meanwhile, its incredibly popular Disney+ streaming service will likely continue to fuel its growth during the remainder of the pandemic and in the years that follow.</p><p><blockquote>迪士尼就是这类公司的一个突出例子。如果旅游和娱乐业经历后疫情时期的繁荣，其主题公园、游轮和电影制片厂的收入可能会迅速反弹。与此同时，其广受欢迎的Disney+流媒体服务可能会在疫情剩余时间和接下来的几年里继续推动其增长。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> Investors seeking a relatively low-risk way to profit from an eventual return to normalcy would be wise to consider Disney. With its unrivaled collection of brands, characters, and storylines, Disney has proven that it can create value for its customers and shareholders in all manner of economic environments. At the same time, with its business poised to boom once the coronavirus is contained, the entertainment giant could deliver handsome gains to long-term investors.</p><p><blockquote>寻求风险相对较低的方式从最终恢复正常中获利的投资者明智的做法是考虑迪士尼。凭借其无与伦比的品牌、角色和故事情节，迪士尼已经证明了它可以在各种经济环境中为客户和股东创造价值。与此同时，一旦冠状病毒得到控制，其业务将蓬勃发展，这家娱乐巨头可以为长期投资者带来可观的收益。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Disney Stock Rose to a New All-Time High<blockquote>迪士尼股价为何升至历史新高</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Disney Stock Rose to a New All-Time High<blockquote>迪士尼股价为何升至历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-02-23 17:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The entertainment titan gives investors many ways to win.</p><p><blockquote>这家娱乐巨头为投资者提供了多种获胜方式。</blockquote></p><p> <b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Shares of&nbsp;<b>Walt Disney</b>&nbsp;(NYSE:DIS)&nbsp;climbed 4.4% to a closing high of $191.76 on Monday, as investors rotated into companies that could benefit once the COVID-19 crisis subsides.</p><p><blockquote>本公司之股份<b>迪斯尼</b>(NYSE：DIS)周一上涨4.4%，至191.76美元的收盘高点，投资者纷纷转向一旦COVID-19危机消退可能受益的公司。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Even as the number of coronavirus-related deaths in the U.S. surpasses 500,000, many people are beginning to look ahead to an eventual end to the health crisis. New COVID-19 cases are declining in many areas of the world as governments ramp up their vaccination efforts. Investors, in turn, bid up the&nbsp;stock&nbsp;prices of companies that stand to profit from a potential post-pandemic recovery.</p><p><blockquote>尽管美国与冠状病毒相关的死亡人数超过50万，但许多人开始展望健康危机的最终结束。随着各国政府加大疫苗接种力度，世界许多地区的新冠肺炎病例正在下降。反过来，投资者抬高了那些有望从大流行后潜在复苏中获利的公司的股价。</blockquote></p><p> Disney is a prominent example of such a company. Its theme parks, cruise ships, and movie studios could see their revenues quickly rebound if the travel and entertainment industries experience a post-COVID boom. Meanwhile, its incredibly popular Disney+ streaming service will likely continue to fuel its growth during the remainder of the pandemic and in the years that follow.</p><p><blockquote>迪士尼就是这类公司的一个突出例子。如果旅游和娱乐业经历后疫情时期的繁荣，其主题公园、游轮和电影制片厂的收入可能会迅速反弹。与此同时，其广受欢迎的Disney+流媒体服务可能会在疫情剩余时间和接下来的几年里继续推动其增长。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> Investors seeking a relatively low-risk way to profit from an eventual return to normalcy would be wise to consider Disney. With its unrivaled collection of brands, characters, and storylines, Disney has proven that it can create value for its customers and shareholders in all manner of economic environments. At the same time, with its business poised to boom once the coronavirus is contained, the entertainment giant could deliver handsome gains to long-term investors.</p><p><blockquote>寻求风险相对较低的方式从最终恢复正常中获利的投资者明智的做法是考虑迪士尼。凭借其无与伦比的品牌、角色和故事情节，迪士尼已经证明了它可以在各种经济环境中为客户和股东创造价值。与此同时，一旦冠状病毒得到控制，其业务将蓬勃发展，这家娱乐巨头可以为长期投资者带来可观的收益。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/02/22/why-disney-stock-rose-to-a-new-all-time-high-today/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://www.fool.com/investing/2021/02/22/why-disney-stock-rose-to-a-new-all-time-high-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162512089","content_text":"The entertainment titan gives investors many ways to win.\nWhat happened\nShares of Walt Disney (NYSE:DIS) climbed 4.4% to a closing high of $191.76 on Monday, as investors rotated into companies that could benefit once the COVID-19 crisis subsides.\nSo what\nEven as the number of coronavirus-related deaths in the U.S. surpasses 500,000, many people are beginning to look ahead to an eventual end to the health crisis. New COVID-19 cases are declining in many areas of the world as governments ramp up their vaccination efforts. Investors, in turn, bid up the stock prices of companies that stand to profit from a potential post-pandemic recovery.\nDisney is a prominent example of such a company. Its theme parks, cruise ships, and movie studios could see their revenues quickly rebound if the travel and entertainment industries experience a post-COVID boom. Meanwhile, its incredibly popular Disney+ streaming service will likely continue to fuel its growth during the remainder of the pandemic and in the years that follow.\nNow what\nInvestors seeking a relatively low-risk way to profit from an eventual return to normalcy would be wise to consider Disney. With its unrivaled collection of brands, characters, and storylines, Disney has proven that it can create value for its customers and shareholders in all manner of economic environments. At the same time, with its business poised to boom once the coronavirus is contained, the entertainment giant could deliver handsome gains to long-term investors.","news_type":1,"symbols_score_info":{"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365539304,"gmtCreate":1614757528608,"gmtModify":1703480699876,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>Believe in power of gaming&nbsp;","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>Believe in power of gaming&nbsp;","text":"$Huya Inc.(HUYA)$Believe in power of gaming","images":[{"img":"https://static.tigerbbs.com/3c69534c543da0caf3045436765a93a3","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/365539304","isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":184981784,"gmtCreate":1623680910648,"gmtModify":1631891845209,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>let’s go&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>let’s go&nbsp;","text":"$Tiger Brokers(TIGR)$let’s go","images":[{"img":"https://static.tigerbbs.com/a6dfd4c540aa6be8499bd404e24641de","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/184981784","isVote":1,"tweetType":1,"viewCount":1882,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":328719948,"gmtCreate":1615559422484,"gmtModify":1703490915616,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"who else still thinks apple can multi bag ?","listText":"who else still thinks apple can multi bag ?","text":"who else still thinks apple can multi bag 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or Nvidia&nbsp;","listText":"this or Nvidia&nbsp;","text":"this or Nvidia","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/352930143","repostId":"2122472374","repostType":4,"isVote":1,"tweetType":1,"viewCount":554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329439008,"gmtCreate":1615266315404,"gmtModify":1703486486299,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"agree&nbsp;","listText":"agree&nbsp;","text":"agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/329439008","repostId":"1136781183","repostType":4,"repost":{"id":"1136781183","kind":"news","pubTimestamp":1615264277,"share":"https://www.laohu8.com/m/news/1136781183?lang=zh_CN&edition=full","pubTime":"2021-03-09 12:31","market":"us","language":"en","title":"Roaring ‘20s: How pent-up demand could fuel recovery<blockquote>咆哮的20年代：被压抑的需求如何推动复苏</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136781183","media":"Capital Group","summary":"With major league baseball’s spring training just around the corner, you may already be daydreaming ","content":"<p>With major league baseball’s spring training just around the corner, you may already be daydreaming about the smell of cut grass and roasted peanuts, hearing the crack of the bat and the roar of the crowd — just to feel normal again.</p><p><blockquote>随着美国职业棒球大联盟（major league baseball）的春训即将到来，你可能已经在幻想割草和烤花生的味道，听到球棒的噼啪声和人群的吼声——只是为了再次感觉正常。</blockquote></p><p> If so, you are not alone — not among fellow Americans weary of the COVID pandemic nor within the context of history. This&nbsp;would not be the first time Americans have lived through a period of austerity brought on by a pandemic that resulted in burgeoning pent-up demand. In 1918, the Spanish Flu and World War I largely curtailed social gatherings and other activities across the country.</p><p><blockquote>如果是这样，你并不孤单——不是在厌倦了科维德·疫情的美国同胞中，也不是在历史背景下。这并不是美国人第一次经历疫情带来的紧缩时期，疫情导致被压抑的需求激增。1918年，西班牙流感和第一次世界大战在很大程度上减少了全国各地的社交聚会和其他活动。</blockquote></p><p> To be sure, the U.S. was a very different place in the early 20th century, but consider that attendance at baseball stadiums in 1918 was half that of the previous year.</p><p><blockquote>诚然，美国在20世纪初是一个非常不同的地方，但想想1918年棒球场的上座率是前一年的一半。</blockquote></p><p> By 1919, however, the pandemic had largely subsided, the war was over and attendance at games soared from 2.8 million in 1918 to 6.5 million in 1919. The decade that followed — the Roaring ‘20s — coincided with the first golden age of the automobile. Americans eager to see the countryside bought nearly 26 million cars and 3 million trucks in the 1920s, according to Automotive News.</p><p><blockquote>然而，到1919年，疫情已经基本消退，战争结束，奥运会的观众人数从1918年的280万飙升至1919年的650万。接下来的十年——咆哮的20年代——恰逢汽车的第一个黄金时代。据《汽车新闻》报道，渴望参观乡村的美国人在20世纪20年代购买了近2600万辆汽车和300万辆卡车。</blockquote></p><p> Could pent-up demand for travel and leisure drive a Roaring ‘20s today?</p><p><blockquote>被压抑的旅行和休闲需求能推动今天咆哮的20年代吗？</blockquote></p><p> “I think the quick introduction of vaccines is a major game changer, even with all the growing pains we are seeing in terms of distribution,” says equity portfolio manager Lisa Thompson. “A travel recovery is coming, and I think it can happen relatively quickly. Everybody is eager to go on vacation or to just get out and do stuff. The question is whether the recovery has legs. I think we will have to see how the vaccine rollout evolves, among other things.”</p><p><blockquote>股票投资组合经理丽莎·汤普森(Lisa Thompson)表示：“我认为疫苗的快速推出是一个重大的游戏规则改变者，尽管我们在分销方面看到了所有成长的烦恼。”“旅行复苏即将到来，我认为这可能会相对较快地发生。每个人都渴望去度假或只是出去做一些事情。问题是复苏是否持续。我认为我们将不得不看看疫苗的推出如何演变等。”</blockquote></p><p> <b>Ready, willing — and able — to spend</b></p><p><blockquote><b>准备好、愿意并且有能力花钱</b></blockquote></p><p> Indeed, cabin fever appears to have taken hold of consumers everywhere. There are signs that Americans are prepared to act: Savings rates have soared since the start of the pandemic, and though they have slowed a bit in recent months they remain relatively high.</p><p><blockquote>事实上，幽居病似乎已经席卷了世界各地的消费者。有迹象表明美国人准备采取行动：自大流行开始以来，储蓄率飙升，尽管近几个月有所放缓，但仍相对较高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ea0902a5a997d2660913098a5a3551b0\" tg-width=\"744\" tg-height=\"407\">“Once there’s an all-clear, I expect the desire to travel plus the ability for many consumers to spend means we could see a powerful recovery, even if it takes a few years,” adds Thompson, who has spent more than 30 years as a professional investor.</p><p><blockquote>“一旦解除警报，我预计旅行的愿望加上许多消费者的消费能力意味着我们可能会看到强劲的复苏，即使需要几年时间，”已经工作了30多年的汤普森补充道。专业投资者。</blockquote></p><p> “This crisis is much different than the global financial crisis in 2008 or any of the other crises I’ve seen in my career. Today, looser fiscal policy, looser monetary policy, a very strong banking system and high personal savings rates could help drive a very sharp pickup in demand.”</p><p><blockquote>“这场危机与2008年的全球金融危机或我职业生涯中见过的任何其他危机都有很大不同。如今，更宽松的财政政策、更宽松的货币政策、非常强大的银行体系和高个人储蓄率可能有助于推动需求大幅回升。”</blockquote></p><p> These conditions not only can benefit the travel and leisure industries but also the broadereconomy. To be sure, there will probably be hiccups along the way, and some areas will likely recover more quickly than others.</p><p><blockquote>这些条件不仅有利于旅游和休闲行业，也有利于更广泛的经济。可以肯定的是，一路上可能会出现一些问题，一些地区可能会比其他地区恢复得更快。</blockquote></p><p> <b>Passenger loyalty: A tailwind for cruise lines</b></p><p><blockquote><b>乘客忠诚度：邮轮公司的顺风车</b></blockquote></p><p> Cruise ships became the epicenter of the COVID crisis in February 2020, when 3,700 people were quarantined aboard the Diamond Princess after a shipboard outbreak. At the time, the ship accounted for half of all known cases outside mainland China.</p><p><blockquote>2020年2月，游轮成为COVID危机的中心，当时船上爆发疫情后，钻石公主号上有3,700人被隔离。当时，该船占中国大陆以外所有已知病例的一半。</blockquote></p><p> “This industry has gotten so much negative media, yet people are still booking cruises for 2021 and 2022 at prices higher than they were in 2019,” says equity analyst Todd Saligman, who covers cruise lines and U.S. and European airlines. “That’s pretty indicative of the demand. There is a loyalty and enthusiasm among cruisers that people who don’t cruise may fail to appreciate, and that loyalty has persisted through the crisis.”</p><p><blockquote>“这个行业受到了如此多的负面媒体报道，但人们仍然以高于2019年的价格预订2021年和2022年的邮轮，”负责邮轮公司以及美国和欧洲航空公司业务的股票分析师托德·萨利格曼(Todd Saligman)表示。“这很好地表明了需求。巡洋舰中存在着一种忠诚度和热情，而不巡洋舰的人可能无法体会到，而且这种忠诚度在危机期间一直存在。”</blockquote></p><p> In fact, more than 70% of respondents to an industry survey said they will cruise again.</p><p><blockquote>事实上，超过70%的行业调查受访者表示他们将再次乘坐游轮。</blockquote></p><p> Loyal customers can keep cruise industry afloat</p><p><blockquote>忠诚的客户可以维持邮轮业的发展</blockquote></p><p> <img src=\"https://static.tigerbbs.com/43a53407adb55957b5a34953e08768be\" tg-width=\"702\" tg-height=\"442\"></p><p><blockquote></blockquote></p><p> While cruising has resumed in Europe, the U.S. Centers for Disease Control imposed a “no sail” order that has not yet been lifted in North America.</p><p><blockquote>在欧洲恢复巡航的同时，美国疾病控制中心实施了“禁止航行”的命令，该命令在北美尚未解除。</blockquote></p><p> “It’s not clear when the ships will set sail again, but I believe they will be cruising near full utilization quicker than many people expect,” Saligman says.</p><p><blockquote>“目前尚不清楚这些船只何时会再次起航，但我相信它们将比许多人预期的更快地接近完全利用，”萨利格曼说。</blockquote></p><p> Although cruise stocks have rebounded from their March lows, Saligman believes select cruise lines continue to represent opportunity for long-term investors.</p><p><blockquote>尽管邮轮股已从3月份的低点反弹，但萨利格曼认为，精选邮轮公司继续为长期投资者带来机会。</blockquote></p><p> What’s more, with intense focus on healthy sailing practices, “There’s a case to be made that they could one day be considered among the cleanest places on earth to vacation,” says equity portfolio manager Chris Buchbinder.</p><p><blockquote>此外，股票投资组合经理克里斯·布赫宾德(Chris Buchbinder)表示，随着对健康航海实践的高度关注，“有理由证明，有一天它们可能会被视为地球上最干净的度假场所之一”。</blockquote></p><p> <b>Vacation plans up in the air</b></p><p><blockquote><b>假期计划悬而未决</b></blockquote></p><p> As was the case in the cruise industry, global air travel was down an estimated 66% in 2020, about 20 times worse than the previous record. Within the U.S., which is more dependent on business travel, the devastation was worse: Air travel declined as much as 95% in the early months of the crisis.</p><p><blockquote>与邮轮业的情况一样，2020年全球航空旅行估计下降了66%，比之前的记录差了约20倍。在更依赖商务旅行的美国，灾难更加严重：在危机的最初几个月，航空旅行下降了95%。</blockquote></p><p></p><p> The rollout of the vaccines and prior experience gives Saligman confidence that demand will bounce back. “I believe it will happen quickly as the vaccine rolls out,” he says. “We also saw this after the September 11 attacks. A lot of people thought consumers would never fly again, and traffic recovered quickly.”</p><p><blockquote>疫苗的推出和之前的经验让萨利格曼相信需求将会反弹。“我相信随着疫苗的推出，这将很快发生，”他说。“我们在9月11日袭击后也看到了这一点。很多人认为消费者再也不会坐飞机了，但交通很快就恢复了。”</blockquote></p><p> Indeed, in China, where the virus is largely under control and the economy has rebounded, domestic air travel has nearly returned to pre-COVID levels.</p><p><blockquote>事实上，在中国，病毒已基本得到控制，经济也已反弹，国内航空旅行几乎已恢复到新冠疫情爆发前的水平。</blockquote></p><p> Air travel in China has soared back. Will the U.S. soon follow?</p><p><blockquote>中国的航空旅行猛增。美国会很快效仿吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a5e4e3bf8e7f8c037aba59d333be4710\" tg-width=\"740\" tg-height=\"386\"><b>The ripple effect</b></p><p><blockquote><b>涟漪效应</b></blockquote></p><p> A revival in travel demand can also have a powerful ripple effect, creating the need for a range of goods and services and helping drive job growth across a variety of industries. Among these are aircraft manufacturers, jet engine makers, hotels, casinos and restaurants — all of which were devastated by the pandemic.</p><p><blockquote>旅行需求的复苏也会产生强大的连锁反应，创造对一系列商品和服务的需求，并有助于推动各个行业的就业增长。其中包括飞机制造商、喷气发动机制造商、酒店、赌场和餐馆——所有这些都被疫情摧毁了。</blockquote></p><p> Consider aircraft engine makers, which operate a recurring revenue business model. Companies like Safran and General Electric build the engines and sell them at a modest profit, but the engines must be serviced regularly, and the engine makers can generate a great deal of revenue from the service contracts.</p><p><blockquote>以飞机发动机制造商为例，它们采用经常性收入商业模式。赛峰集团和通用电气等公司制造发动机并以适度的利润出售，但发动机必须定期维修，发动机制造商可以从服务合同中获得大量收入。</blockquote></p><p> “They're not making any money this year, because airplanes are grounded, but as air travel resumes, those manufacturers will potentially see their cash flows rebound,” Buchbinder says.</p><p><blockquote>布赫宾德说：“由于飞机停飞，他们今年没有赚到任何钱，但随着航空旅行的恢复，这些制造商的现金流可能会反弹。”</blockquote></p><p> Unlike other sectors of the economy during COVID, aircraft engine makers are not going to see digital disruption upend their business. “After all,” Buchbinder adds, “there are no digital aircraft engines.”</p><p><blockquote>与新冠疫情期间的其他经济部门不同，飞机发动机制造商不会看到数字化颠覆他们的业务。“毕竟，”布赫宾德补充道，“没有数字飞机发动机。”</blockquote></p><p> <b>Markets tend to anticipate recoveries</b></p><p><blockquote><b>市场倾向于预期复苏</b></blockquote></p><p> Markets often anticipate recoveries in the underlying economy, so it’s important to recognize underlying trends early. Consider the global financial crisis, a period when the housing and automobile industries were severely beaten down. By 2012 it became clear that demand was building, thanks to changing demographics and an aging auto fleet. In both industries, a full recovery took several more years, but a rebound in auto- and housing-related stocks anticipated the recovery in demand and earnings. From February 2009 through December 2010, auto sales fell 6% while auto stock returns advanced 496%.</p><p><blockquote>市场通常预期基础经济会复苏，因此尽早认识到基础趋势非常重要。以全球金融危机为例，当时房地产和汽车行业遭受重创。到2012年，由于人口结构的变化和车队的老化，需求显然正在增加。在这两个行业，全面复苏还需要几年时间，但汽车和房地产相关股票的反弹预示着需求和盈利的复苏。从2009年2月到2010年12月，汽车销量下降了6%，而汽车股票回报率却上涨了496%。</blockquote></p><p> Auto stocks rebounded ahead of sales after the global financial crisis</p><p><blockquote>全球金融危机后汽车股先于销量反弹</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2c4fdd2f1cb916356663c0570548d7d1\" tg-width=\"791\" tg-height=\"457\">More recently, since the introduction of the vaccines, shares of companies across a number of travel-related industries have registered strong gains. Select companies likely have room to run, Buchbinder says.</p><p><blockquote>最近，自疫苗推出以来，许多旅游相关行业公司的股价都出现了强劲上涨。布赫宾德表示，部分公司可能有经营空间。</blockquote></p><p> “The market often runs ahead of the actual recovery in earnings,” he says. “I think a year from now we will be in a very different environment where demand and earnings for some of these companies will begin to recover in a more meaningful and sustained way. Our job as investors is to identify those companies that stand to benefit most from the changing environment.”</p><p><blockquote>“市场往往先于盈利的实际复苏，”他说。“我认为一年后，我们将处于一个非常不同的环境中，其中一些公司的需求和盈利将开始以更有意义和持续的方式复苏。作为投资者，我们的工作是确定那些最有可能受益的公司从不断变化的环境中受益。”</blockquote></p><p> <b>Maintaining a balance</b></p><p><blockquote><b>保持平衡</b></blockquote></p><p> Students of history can look to many examples of past crises and declines that were followed by powerful recoveries thanks in part to pent-up consumer demand. Examples include the travel sector after 9/11 and the housing and auto industries following the end of the great financial crisis in 2008–2009.</p><p><blockquote>历史专业的学生可以看到许多过去危机和衰退的例子，这些危机和衰退之后是强劲的复苏，部分原因是被压抑的消费者需求。例子包括9/11后的旅游业以及2008-2009年金融危机结束后的房地产和汽车行业。</blockquote></p><p> As long-term investors, Capital Group’s investment professionals seek to identify trends early enough to select the companies that stand to benefit from these dynamics. For investors and their advisors, it is important to make sure portfolios are balanced with exposure not only to growth strategies but also to strategies focused on more value-oriented companies, like many of the travel-related stocks.</p><p><blockquote>作为长期投资者，Capital Group的投资专业人士寻求尽早识别趋势，以选择能够从这些动态中受益的公司。对于投资者及其顾问来说，重要的是要确保投资组合平衡，不仅投资于增长策略，还投资于专注于更注重价值的公司的策略，例如许多与旅游相关的股票。</blockquote></p><p> A review of more than 4,000 portfolios byCapital Group’s Portfolio &amp; Analytics teamfound that investors significantly reduced allocations to value equities over the last three years. It may be time to rebalance.</p><p><blockquote>Capital Group的投资组合与分析团队对4,000多个投资组合进行了审查，发现投资者在过去三年中大幅减少了对价值股票的配置。也许是时候重新平衡了。</blockquote></p><p> Returns for leading growth companies have continued to be strong, for good reason. But it may be shortsighted for investors to become seduced by the runaway growth stories, considering that many of the beaten down stocks in travel and other sectors have attractive valuations. And recently there have been some early signs that the market rally may be broadening as many of these stocks have posted meaningful gains.</p><p><blockquote>领先成长型公司的回报持续强劲，这是有充分理由的。但考虑到旅游和其他行业许多遭受重创的股票估值颇具吸引力，投资者被失控的增长故事所诱惑可能是短视的。最近有一些早期迹象表明，市场涨势可能正在扩大，因为其中许多股票都出现了有意义的涨幅。</blockquote></p><p> Investors have scaled back their exposure to value funds</p><p><blockquote>投资者缩减了对价值基金的投资</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/e4976193700784d30c3ec9bb7db82806\" tg-width=\"769\" tg-height=\"375\">“We’ve just been through a market downturn and recovery where the great secular growth companies led during the decline and on the way back up,” Buchbinder says. “That is a historically unusual pattern. As the vaccines roll out and the recovery broadens we will begin to see companies in the travel industry, or perhaps energy or financials, all of which had been very hard hit during the downturn, participate in the recovery.”</p><p><blockquote>布赫宾德表示：“我们刚刚经历了市场低迷和复苏，伟大的长期增长公司在下跌和回升过程中处于领先地位。”“这是一种历史上不寻常的模式。随着疫苗的推出和复苏的扩大，我们将开始看到旅游业、能源或金融行业的公司参与复苏，所有这些行业在经济低迷期间都受到了非常严重的打击。”</blockquote></p><p></p>","source":"lsy1615210994562","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>Roaring ‘20s: How pent-up demand could fuel recovery<blockquote>咆哮的20年代：被压抑的需求如何推动复苏</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoaring ‘20s: How pent-up demand could fuel recovery<blockquote>咆哮的20年代：被压抑的需求如何推动复苏</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Capital Group</strong><span class=\"h-time small\">2021-03-09 12:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p>With major league baseball’s spring training just around the corner, you may already be daydreaming about the smell of cut grass and roasted peanuts, hearing the crack of the bat and the roar of the crowd — just to feel normal again.</p><p><blockquote>随着美国职业棒球大联盟（major league baseball）的春训即将到来，你可能已经在幻想割草和烤花生的味道，听到球棒的噼啪声和人群的吼声——只是为了再次感觉正常。</blockquote></p><p> If so, you are not alone — not among fellow Americans weary of the COVID pandemic nor within the context of history. This&nbsp;would not be the first time Americans have lived through a period of austerity brought on by a pandemic that resulted in burgeoning pent-up demand. In 1918, the Spanish Flu and World War I largely curtailed social gatherings and other activities across the country.</p><p><blockquote>如果是这样，你并不孤单——不是在厌倦了科维德·疫情的美国同胞中，也不是在历史背景下。这并不是美国人第一次经历疫情带来的紧缩时期，疫情导致被压抑的需求激增。1918年，西班牙流感和第一次世界大战在很大程度上减少了全国各地的社交聚会和其他活动。</blockquote></p><p> To be sure, the U.S. was a very different place in the early 20th century, but consider that attendance at baseball stadiums in 1918 was half that of the previous year.</p><p><blockquote>诚然，美国在20世纪初是一个非常不同的地方，但想想1918年棒球场的上座率是前一年的一半。</blockquote></p><p> By 1919, however, the pandemic had largely subsided, the war was over and attendance at games soared from 2.8 million in 1918 to 6.5 million in 1919. The decade that followed — the Roaring ‘20s — coincided with the first golden age of the automobile. Americans eager to see the countryside bought nearly 26 million cars and 3 million trucks in the 1920s, according to Automotive News.</p><p><blockquote>然而，到1919年，疫情已经基本消退，战争结束，奥运会的观众人数从1918年的280万飙升至1919年的650万。接下来的十年——咆哮的20年代——恰逢汽车的第一个黄金时代。据《汽车新闻》报道，渴望参观乡村的美国人在20世纪20年代购买了近2600万辆汽车和300万辆卡车。</blockquote></p><p> Could pent-up demand for travel and leisure drive a Roaring ‘20s today?</p><p><blockquote>被压抑的旅行和休闲需求能推动今天咆哮的20年代吗？</blockquote></p><p> “I think the quick introduction of vaccines is a major game changer, even with all the growing pains we are seeing in terms of distribution,” says equity portfolio manager Lisa Thompson. “A travel recovery is coming, and I think it can happen relatively quickly. Everybody is eager to go on vacation or to just get out and do stuff. The question is whether the recovery has legs. I think we will have to see how the vaccine rollout evolves, among other things.”</p><p><blockquote>股票投资组合经理丽莎·汤普森(Lisa Thompson)表示：“我认为疫苗的快速推出是一个重大的游戏规则改变者，尽管我们在分销方面看到了所有成长的烦恼。”“旅行复苏即将到来，我认为这可能会相对较快地发生。每个人都渴望去度假或只是出去做一些事情。问题是复苏是否持续。我认为我们将不得不看看疫苗的推出如何演变等。”</blockquote></p><p> <b>Ready, willing — and able — to spend</b></p><p><blockquote><b>准备好、愿意并且有能力花钱</b></blockquote></p><p> Indeed, cabin fever appears to have taken hold of consumers everywhere. There are signs that Americans are prepared to act: Savings rates have soared since the start of the pandemic, and though they have slowed a bit in recent months they remain relatively high.</p><p><blockquote>事实上，幽居病似乎已经席卷了世界各地的消费者。有迹象表明美国人准备采取行动：自大流行开始以来，储蓄率飙升，尽管近几个月有所放缓，但仍相对较高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ea0902a5a997d2660913098a5a3551b0\" tg-width=\"744\" tg-height=\"407\">“Once there’s an all-clear, I expect the desire to travel plus the ability for many consumers to spend means we could see a powerful recovery, even if it takes a few years,” adds Thompson, who has spent more than 30 years as a professional investor.</p><p><blockquote>“一旦解除警报，我预计旅行的愿望加上许多消费者的消费能力意味着我们可能会看到强劲的复苏，即使需要几年时间，”已经工作了30多年的汤普森补充道。专业投资者。</blockquote></p><p> “This crisis is much different than the global financial crisis in 2008 or any of the other crises I’ve seen in my career. Today, looser fiscal policy, looser monetary policy, a very strong banking system and high personal savings rates could help drive a very sharp pickup in demand.”</p><p><blockquote>“这场危机与2008年的全球金融危机或我职业生涯中见过的任何其他危机都有很大不同。如今，更宽松的财政政策、更宽松的货币政策、非常强大的银行体系和高个人储蓄率可能有助于推动需求大幅回升。”</blockquote></p><p> These conditions not only can benefit the travel and leisure industries but also the broadereconomy. To be sure, there will probably be hiccups along the way, and some areas will likely recover more quickly than others.</p><p><blockquote>这些条件不仅有利于旅游和休闲行业，也有利于更广泛的经济。可以肯定的是，一路上可能会出现一些问题，一些地区可能会比其他地区恢复得更快。</blockquote></p><p> <b>Passenger loyalty: A tailwind for cruise lines</b></p><p><blockquote><b>乘客忠诚度：邮轮公司的顺风车</b></blockquote></p><p> Cruise ships became the epicenter of the COVID crisis in February 2020, when 3,700 people were quarantined aboard the Diamond Princess after a shipboard outbreak. At the time, the ship accounted for half of all known cases outside mainland China.</p><p><blockquote>2020年2月，游轮成为COVID危机的中心，当时船上爆发疫情后，钻石公主号上有3,700人被隔离。当时，该船占中国大陆以外所有已知病例的一半。</blockquote></p><p> “This industry has gotten so much negative media, yet people are still booking cruises for 2021 and 2022 at prices higher than they were in 2019,” says equity analyst Todd Saligman, who covers cruise lines and U.S. and European airlines. “That’s pretty indicative of the demand. There is a loyalty and enthusiasm among cruisers that people who don’t cruise may fail to appreciate, and that loyalty has persisted through the crisis.”</p><p><blockquote>“这个行业受到了如此多的负面媒体报道，但人们仍然以高于2019年的价格预订2021年和2022年的邮轮，”负责邮轮公司以及美国和欧洲航空公司业务的股票分析师托德·萨利格曼(Todd Saligman)表示。“这很好地表明了需求。巡洋舰中存在着一种忠诚度和热情，而不巡洋舰的人可能无法体会到，而且这种忠诚度在危机期间一直存在。”</blockquote></p><p> In fact, more than 70% of respondents to an industry survey said they will cruise again.</p><p><blockquote>事实上，超过70%的行业调查受访者表示他们将再次乘坐游轮。</blockquote></p><p> Loyal customers can keep cruise industry afloat</p><p><blockquote>忠诚的客户可以维持邮轮业的发展</blockquote></p><p> <img src=\"https://static.tigerbbs.com/43a53407adb55957b5a34953e08768be\" tg-width=\"702\" tg-height=\"442\"></p><p><blockquote></blockquote></p><p> While cruising has resumed in Europe, the U.S. Centers for Disease Control imposed a “no sail” order that has not yet been lifted in North America.</p><p><blockquote>在欧洲恢复巡航的同时，美国疾病控制中心实施了“禁止航行”的命令，该命令在北美尚未解除。</blockquote></p><p> “It’s not clear when the ships will set sail again, but I believe they will be cruising near full utilization quicker than many people expect,” Saligman says.</p><p><blockquote>“目前尚不清楚这些船只何时会再次起航，但我相信它们将比许多人预期的更快地接近完全利用，”萨利格曼说。</blockquote></p><p> Although cruise stocks have rebounded from their March lows, Saligman believes select cruise lines continue to represent opportunity for long-term investors.</p><p><blockquote>尽管邮轮股已从3月份的低点反弹，但萨利格曼认为，精选邮轮公司继续为长期投资者带来机会。</blockquote></p><p> What’s more, with intense focus on healthy sailing practices, “There’s a case to be made that they could one day be considered among the cleanest places on earth to vacation,” says equity portfolio manager Chris Buchbinder.</p><p><blockquote>此外，股票投资组合经理克里斯·布赫宾德(Chris Buchbinder)表示，随着对健康航海实践的高度关注，“有理由证明，有一天它们可能会被视为地球上最干净的度假场所之一”。</blockquote></p><p> <b>Vacation plans up in the air</b></p><p><blockquote><b>假期计划悬而未决</b></blockquote></p><p> As was the case in the cruise industry, global air travel was down an estimated 66% in 2020, about 20 times worse than the previous record. Within the U.S., which is more dependent on business travel, the devastation was worse: Air travel declined as much as 95% in the early months of the crisis.</p><p><blockquote>与邮轮业的情况一样，2020年全球航空旅行估计下降了66%，比之前的记录差了约20倍。在更依赖商务旅行的美国，灾难更加严重：在危机的最初几个月，航空旅行下降了95%。</blockquote></p><p></p><p> The rollout of the vaccines and prior experience gives Saligman confidence that demand will bounce back. “I believe it will happen quickly as the vaccine rolls out,” he says. “We also saw this after the September 11 attacks. A lot of people thought consumers would never fly again, and traffic recovered quickly.”</p><p><blockquote>疫苗的推出和之前的经验让萨利格曼相信需求将会反弹。“我相信随着疫苗的推出，这将很快发生，”他说。“我们在9月11日袭击后也看到了这一点。很多人认为消费者再也不会坐飞机了，但交通很快就恢复了。”</blockquote></p><p> Indeed, in China, where the virus is largely under control and the economy has rebounded, domestic air travel has nearly returned to pre-COVID levels.</p><p><blockquote>事实上，在中国，病毒已基本得到控制，经济也已反弹，国内航空旅行几乎已恢复到新冠疫情爆发前的水平。</blockquote></p><p> Air travel in China has soared back. Will the U.S. soon follow?</p><p><blockquote>中国的航空旅行猛增。美国会很快效仿吗？</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a5e4e3bf8e7f8c037aba59d333be4710\" tg-width=\"740\" tg-height=\"386\"><b>The ripple effect</b></p><p><blockquote><b>涟漪效应</b></blockquote></p><p> A revival in travel demand can also have a powerful ripple effect, creating the need for a range of goods and services and helping drive job growth across a variety of industries. Among these are aircraft manufacturers, jet engine makers, hotels, casinos and restaurants — all of which were devastated by the pandemic.</p><p><blockquote>旅行需求的复苏也会产生强大的连锁反应，创造对一系列商品和服务的需求，并有助于推动各个行业的就业增长。其中包括飞机制造商、喷气发动机制造商、酒店、赌场和餐馆——所有这些都被疫情摧毁了。</blockquote></p><p> Consider aircraft engine makers, which operate a recurring revenue business model. Companies like Safran and General Electric build the engines and sell them at a modest profit, but the engines must be serviced regularly, and the engine makers can generate a great deal of revenue from the service contracts.</p><p><blockquote>以飞机发动机制造商为例，它们采用经常性收入商业模式。赛峰集团和通用电气等公司制造发动机并以适度的利润出售，但发动机必须定期维修，发动机制造商可以从服务合同中获得大量收入。</blockquote></p><p> “They're not making any money this year, because airplanes are grounded, but as air travel resumes, those manufacturers will potentially see their cash flows rebound,” Buchbinder says.</p><p><blockquote>布赫宾德说：“由于飞机停飞，他们今年没有赚到任何钱，但随着航空旅行的恢复，这些制造商的现金流可能会反弹。”</blockquote></p><p> Unlike other sectors of the economy during COVID, aircraft engine makers are not going to see digital disruption upend their business. “After all,” Buchbinder adds, “there are no digital aircraft engines.”</p><p><blockquote>与新冠疫情期间的其他经济部门不同，飞机发动机制造商不会看到数字化颠覆他们的业务。“毕竟，”布赫宾德补充道，“没有数字飞机发动机。”</blockquote></p><p> <b>Markets tend to anticipate recoveries</b></p><p><blockquote><b>市场倾向于预期复苏</b></blockquote></p><p> Markets often anticipate recoveries in the underlying economy, so it’s important to recognize underlying trends early. Consider the global financial crisis, a period when the housing and automobile industries were severely beaten down. By 2012 it became clear that demand was building, thanks to changing demographics and an aging auto fleet. In both industries, a full recovery took several more years, but a rebound in auto- and housing-related stocks anticipated the recovery in demand and earnings. From February 2009 through December 2010, auto sales fell 6% while auto stock returns advanced 496%.</p><p><blockquote>市场通常预期基础经济会复苏，因此尽早认识到基础趋势非常重要。以全球金融危机为例，当时房地产和汽车行业遭受重创。到2012年，由于人口结构的变化和车队的老化，需求显然正在增加。在这两个行业，全面复苏还需要几年时间，但汽车和房地产相关股票的反弹预示着需求和盈利的复苏。从2009年2月到2010年12月，汽车销量下降了6%，而汽车股票回报率却上涨了496%。</blockquote></p><p> Auto stocks rebounded ahead of sales after the global financial crisis</p><p><blockquote>全球金融危机后汽车股先于销量反弹</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2c4fdd2f1cb916356663c0570548d7d1\" tg-width=\"791\" tg-height=\"457\">More recently, since the introduction of the vaccines, shares of companies across a number of travel-related industries have registered strong gains. Select companies likely have room to run, Buchbinder says.</p><p><blockquote>最近，自疫苗推出以来，许多旅游相关行业公司的股价都出现了强劲上涨。布赫宾德表示，部分公司可能有经营空间。</blockquote></p><p> “The market often runs ahead of the actual recovery in earnings,” he says. “I think a year from now we will be in a very different environment where demand and earnings for some of these companies will begin to recover in a more meaningful and sustained way. Our job as investors is to identify those companies that stand to benefit most from the changing environment.”</p><p><blockquote>“市场往往先于盈利的实际复苏，”他说。“我认为一年后，我们将处于一个非常不同的环境中，其中一些公司的需求和盈利将开始以更有意义和持续的方式复苏。作为投资者，我们的工作是确定那些最有可能受益的公司从不断变化的环境中受益。”</blockquote></p><p> <b>Maintaining a balance</b></p><p><blockquote><b>保持平衡</b></blockquote></p><p> Students of history can look to many examples of past crises and declines that were followed by powerful recoveries thanks in part to pent-up consumer demand. Examples include the travel sector after 9/11 and the housing and auto industries following the end of the great financial crisis in 2008–2009.</p><p><blockquote>历史专业的学生可以看到许多过去危机和衰退的例子，这些危机和衰退之后是强劲的复苏，部分原因是被压抑的消费者需求。例子包括9/11后的旅游业以及2008-2009年金融危机结束后的房地产和汽车行业。</blockquote></p><p> As long-term investors, Capital Group’s investment professionals seek to identify trends early enough to select the companies that stand to benefit from these dynamics. For investors and their advisors, it is important to make sure portfolios are balanced with exposure not only to growth strategies but also to strategies focused on more value-oriented companies, like many of the travel-related stocks.</p><p><blockquote>作为长期投资者，Capital Group的投资专业人士寻求尽早识别趋势，以选择能够从这些动态中受益的公司。对于投资者及其顾问来说，重要的是要确保投资组合平衡，不仅投资于增长策略，还投资于专注于更注重价值的公司的策略，例如许多与旅游相关的股票。</blockquote></p><p> A review of more than 4,000 portfolios byCapital Group’s Portfolio &amp; Analytics teamfound that investors significantly reduced allocations to value equities over the last three years. It may be time to rebalance.</p><p><blockquote>Capital Group的投资组合与分析团队对4,000多个投资组合进行了审查，发现投资者在过去三年中大幅减少了对价值股票的配置。也许是时候重新平衡了。</blockquote></p><p> Returns for leading growth companies have continued to be strong, for good reason. But it may be shortsighted for investors to become seduced by the runaway growth stories, considering that many of the beaten down stocks in travel and other sectors have attractive valuations. And recently there have been some early signs that the market rally may be broadening as many of these stocks have posted meaningful gains.</p><p><blockquote>领先成长型公司的回报持续强劲，这是有充分理由的。但考虑到旅游和其他行业许多遭受重创的股票估值颇具吸引力，投资者被失控的增长故事所诱惑可能是短视的。最近有一些早期迹象表明，市场涨势可能正在扩大，因为其中许多股票都出现了有意义的涨幅。</blockquote></p><p> Investors have scaled back their exposure to value funds</p><p><blockquote>投资者缩减了对价值基金的投资</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/e4976193700784d30c3ec9bb7db82806\" tg-width=\"769\" tg-height=\"375\">“We’ve just been through a market downturn and recovery where the great secular growth companies led during the decline and on the way back up,” Buchbinder says. “That is a historically unusual pattern. As the vaccines roll out and the recovery broadens we will begin to see companies in the travel industry, or perhaps energy or financials, all of which had been very hard hit during the downturn, participate in the recovery.”</p><p><blockquote>布赫宾德表示：“我们刚刚经历了市场低迷和复苏，伟大的长期增长公司在下跌和回升过程中处于领先地位。”“这是一种历史上不寻常的模式。随着疫苗的推出和复苏的扩大，我们将开始看到旅游业、能源或金融行业的公司参与复苏，所有这些行业在经济低迷期间都受到了非常严重的打击。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.capitalgroup.com/advisor/insights/articles/pent-up-demand.html\">Capital Group</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.capitalgroup.com/advisor/insights/articles/pent-up-demand.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136781183","content_text":"With major league baseball’s spring training just around the corner, you may already be daydreaming about the smell of cut grass and roasted peanuts, hearing the crack of the bat and the roar of the crowd — just to feel normal again.\nIf so, you are not alone — not among fellow Americans weary of the COVID pandemic nor within the context of history. This would not be the first time Americans have lived through a period of austerity brought on by a pandemic that resulted in burgeoning pent-up demand. In 1918, the Spanish Flu and World War I largely curtailed social gatherings and other activities across the country.\nTo be sure, the U.S. was a very different place in the early 20th century, but consider that attendance at baseball stadiums in 1918 was half that of the previous year.\nBy 1919, however, the pandemic had largely subsided, the war was over and attendance at games soared from 2.8 million in 1918 to 6.5 million in 1919. The decade that followed — the Roaring ‘20s — coincided with the first golden age of the automobile. Americans eager to see the countryside bought nearly 26 million cars and 3 million trucks in the 1920s, according to Automotive News.\nCould pent-up demand for travel and leisure drive a Roaring ‘20s today?\n“I think the quick introduction of vaccines is a major game changer, even with all the growing pains we are seeing in terms of distribution,” says equity portfolio manager Lisa Thompson. “A travel recovery is coming, and I think it can happen relatively quickly. Everybody is eager to go on vacation or to just get out and do stuff. The question is whether the recovery has legs. I think we will have to see how the vaccine rollout evolves, among other things.”\nReady, willing — and able — to spend\nIndeed, cabin fever appears to have taken hold of consumers everywhere. There are signs that Americans are prepared to act: Savings rates have soared since the start of the pandemic, and though they have slowed a bit in recent months they remain relatively high.\n“Once there’s an all-clear, I expect the desire to travel plus the ability for many consumers to spend means we could see a powerful recovery, even if it takes a few years,” adds Thompson, who has spent more than 30 years as a professional investor.\n“This crisis is much different than the global financial crisis in 2008 or any of the other crises I’ve seen in my career. Today, looser fiscal policy, looser monetary policy, a very strong banking system and high personal savings rates could help drive a very sharp pickup in demand.”\nThese conditions not only can benefit the travel and leisure industries but also the broadereconomy. To be sure, there will probably be hiccups along the way, and some areas will likely recover more quickly than others.\nPassenger loyalty: A tailwind for cruise lines\nCruise ships became the epicenter of the COVID crisis in February 2020, when 3,700 people were quarantined aboard the Diamond Princess after a shipboard outbreak. At the time, the ship accounted for half of all known cases outside mainland China.\n“This industry has gotten so much negative media, yet people are still booking cruises for 2021 and 2022 at prices higher than they were in 2019,” says equity analyst Todd Saligman, who covers cruise lines and U.S. and European airlines. “That’s pretty indicative of the demand. There is a loyalty and enthusiasm among cruisers that people who don’t cruise may fail to appreciate, and that loyalty has persisted through the crisis.”\nIn fact, more than 70% of respondents to an industry survey said they will cruise again.\nLoyal customers can keep cruise industry afloat\n\nWhile cruising has resumed in Europe, the U.S. Centers for Disease Control imposed a “no sail” order that has not yet been lifted in North America.\n“It’s not clear when the ships will set sail again, but I believe they will be cruising near full utilization quicker than many people expect,” Saligman says.\nAlthough cruise stocks have rebounded from their March lows, Saligman believes select cruise lines continue to represent opportunity for long-term investors.\nWhat’s more, with intense focus on healthy sailing practices, “There’s a case to be made that they could one day be considered among the cleanest places on earth to vacation,” says equity portfolio manager Chris Buchbinder.\nVacation plans up in the air\nAs was the case in the cruise industry, global air travel was down an estimated 66% in 2020, about 20 times worse than the previous record. Within the U.S., which is more dependent on business travel, the devastation was worse: Air travel declined as much as 95% in the early months of the crisis.\nThe rollout of the vaccines and prior experience gives Saligman confidence that demand will bounce back. “I believe it will happen quickly as the vaccine rolls out,” he says. “We also saw this after the September 11 attacks. A lot of people thought consumers would never fly again, and traffic recovered quickly.”\nIndeed, in China, where the virus is largely under control and the economy has rebounded, domestic air travel has nearly returned to pre-COVID levels.\nAir travel in China has soared back. Will the U.S. soon follow?\nThe ripple effect\nA revival in travel demand can also have a powerful ripple effect, creating the need for a range of goods and services and helping drive job growth across a variety of industries. Among these are aircraft manufacturers, jet engine makers, hotels, casinos and restaurants — all of which were devastated by the pandemic.\nConsider aircraft engine makers, which operate a recurring revenue business model. Companies like Safran and General Electric build the engines and sell them at a modest profit, but the engines must be serviced regularly, and the engine makers can generate a great deal of revenue from the service contracts.\n“They're not making any money this year, because airplanes are grounded, but as air travel resumes, those manufacturers will potentially see their cash flows rebound,” Buchbinder says.\nUnlike other sectors of the economy during COVID, aircraft engine makers are not going to see digital disruption upend their business. “After all,” Buchbinder adds, “there are no digital aircraft engines.”\nMarkets tend to anticipate recoveries\nMarkets often anticipate recoveries in the underlying economy, so it’s important to recognize underlying trends early. Consider the global financial crisis, a period when the housing and automobile industries were severely beaten down. By 2012 it became clear that demand was building, thanks to changing demographics and an aging auto fleet. In both industries, a full recovery took several more years, but a rebound in auto- and housing-related stocks anticipated the recovery in demand and earnings. From February 2009 through December 2010, auto sales fell 6% while auto stock returns advanced 496%.\nAuto stocks rebounded ahead of sales after the global financial crisis\nMore recently, since the introduction of the vaccines, shares of companies across a number of travel-related industries have registered strong gains. Select companies likely have room to run, Buchbinder says.\n“The market often runs ahead of the actual recovery in earnings,” he says. “I think a year from now we will be in a very different environment where demand and earnings for some of these companies will begin to recover in a more meaningful and sustained way. Our job as investors is to identify those companies that stand to benefit most from the changing environment.”\nMaintaining a balance\nStudents of history can look to many examples of past crises and declines that were followed by powerful recoveries thanks in part to pent-up consumer demand. Examples include the travel sector after 9/11 and the housing and auto industries following the end of the great financial crisis in 2008–2009.\nAs long-term investors, Capital Group’s investment professionals seek to identify trends early enough to select the companies that stand to benefit from these dynamics. For investors and their advisors, it is important to make sure portfolios are balanced with exposure not only to growth strategies but also to strategies focused on more value-oriented companies, like many of the travel-related stocks.\nA review of more than 4,000 portfolios byCapital Group’s Portfolio & Analytics teamfound that investors significantly reduced allocations to value equities over the last three years. It may be time to rebalance.\nReturns for leading growth companies have continued to be strong, for good reason. But it may be shortsighted for investors to become seduced by the runaway growth stories, considering that many of the beaten down stocks in travel and other sectors have attractive valuations. And recently there have been some early signs that the market rally may be broadening as many of these stocks have posted meaningful gains.\nInvestors have scaled back their exposure to value funds\n“We’ve just been through a market downturn and recovery where the great secular growth companies led during the decline and on the way back up,” Buchbinder says. “That is a historically unusual pattern. As the vaccines roll out and the recovery broadens we will begin to see companies in the travel industry, or perhaps energy or financials, all of which had been very hard hit during the downturn, participate in the recovery.”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364508010,"gmtCreate":1614861174230,"gmtModify":1703482100034,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"mmmmm","listText":"mmmmm","text":"mmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/364508010","repostId":"1125642026","repostType":4,"repost":{"id":"1125642026","kind":"news","pubTimestamp":1614859626,"share":"https://www.laohu8.com/m/news/1125642026?lang=zh_CN&edition=full","pubTime":"2021-03-04 20:07","market":"us","language":"en","title":"Will the Fed Hike Sooner Than Expected?<blockquote>美联储会比预期更早加息吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1125642026","media":"Vantage Point","summary":"The U.S. Fed is caught in a difficult place that will require tremendous communication efforts for t","content":"<p><b>The U.S. Fed is caught in a difficult place that will require tremendous communication efforts for the market to understand. So far down the road during the pandemic, the Fed came to the rescue. It eased monetary conditions and also urged Congress to deliver fiscal stimulus.</b></p><p><blockquote><b>美联储陷入了困境，需要巨大的沟通努力才能让市场理解。到目前为止，在疫情期间，美联储出手相救。它放松了货币条件，并敦促国会实施财政刺激。</b></blockquote></p><p> Its words were heard, and the Fed’s actions eased the world’s desperate need for dollars seen in the spring of 2020. Fast forward to March 2021; the Fed is in a tough spot.</p><p><blockquote>它的话被听到了，美联储的行动缓解了2020年春天世界对美元的迫切需求。快进到2021年3月；美联储处境艰难。</blockquote></p><p> On the one hand, with every stock market decline, the market participants expect the Fed to intervene. However, the stock market is still close to all-time highs, and it is unlikely that the Fed will keep intervening verbally, especially because easing is still ongoing and about to increase.</p><p><blockquote>一方面，随着股市的每一次下跌，市场参与者都期待美联储进行干预。不过，股市仍接近历史高点，美联储不太可能继续口头干预，尤其是宽松仍在进行，且即将加码。</blockquote></p><p> On the other hand, the market starts pricing in a stronger economic recovery. Such a recovery should bring tightening from the Fed, and the market already implies that we will see a first rate hike in 2022. More precisely, the market priced in over 80% odds for a twenty-five basis points rate hike in 2022.</p><p><blockquote>另一方面，市场开始定价更强劲的经济复苏。这样的复苏应该会带来美联储的紧缩政策，市场已经暗示我们将在2022年看到首次加息。更准确地说，市场预计2022年加息25个基点的可能性超过80%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5bb0de592821a0233494cd8f9029d29e\" tg-width=\"730\" tg-height=\"571\"><b>Forward-Looking Markets Pressuring the Fed</b></p><p><blockquote><b>前瞻性市场给美联储带来压力</b></blockquote></p><p> On the same note as in the previous paragraph, the same market prices in another two rate hikes in 2023 and, by the end of 2025, a tightening of monetary conditions of over 125 basis points. This translates into the federal funds rate rising from close to zero currently to 1.25% three years from now.</p><p><blockquote>与上一段相同的说明，同样的市场价格将在2023年再加息两次，到2025年底，货币条件将收紧超过125个基点。这意味着三年后联邦基金利率将从目前的接近零升至1.25%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/007096706cd8851d515cb583e75ff0b6\" tg-width=\"727\" tg-height=\"662\">The problem comes from the current conditions. The markets tend to have a forward-looking attitude, and the pricing of assets in the present is based on such an attitude. Because of that, the current monetary conditions appear inappropriate, and the Fed will have a hard time explaining why.</p><p><blockquote>问题来自于目前的条件。市场往往有一种前瞻性的态度，现在的资产定价就是基于这种态度。正因为如此，当前的货币状况似乎不合适，美联储将很难解释原因。</blockquote></p><p> For example, the fiscal easing will continue. The months ahead will bring a renewed round of fiscal stimulus, as $1.9 trillion in fiscal aid is about to be unleashed. This is easing, but at the same time, the money will further fuel the economic recovery, and, in turn, more jobs will be created, and so on.</p><p><blockquote>例如，财政宽松将继续。未来几个月将带来新一轮财政刺激，1.9万亿美元的财政援助即将释放。这种情况正在缓解，但与此同时，这些钱将进一步推动经济复苏，反过来，将创造更多的就业机会，等等。</blockquote></p><p> More easing comes from the U.S. Treasury as well, forced to unwind its general account at the Fed in the months ahead. Finally, more easing comes even from the Fed, as it keeps purchasing $120 billion a month.</p><p><blockquote>更多的宽松政策也来自美国财政部，被迫在未来几个月解除其在美联储的普通账户。最后，更多的宽松政策甚至来自美联储，因为它每月继续购买1200亿美元。</blockquote></p><p> Yet, traders and investors must understand these actions reflect current conditions. Also, all are priced in already.</p><p><blockquote>然而，交易者和投资者必须明白，这些行为反映了当前的状况。此外，所有这些都已定价。</blockquote></p><p> As such, the rise in long-term yields is the one thing that matters. It points to sharp economic recovery, and more easing will not deter but fuel it.</p><p><blockquote>因此，长期收益率的上升是一件重要的事情。这表明经济将大幅复苏，更多的宽松政策不会阻碍经济复苏，而是会推动经济复苏。</blockquote></p><p></p>","source":"lsy1614859619341","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>Will the Fed Hike Sooner Than Expected?<blockquote>美联储会比预期更早加息吗？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill the Fed Hike Sooner Than Expected?<blockquote>美联储会比预期更早加息吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Vantage Point</strong><span class=\"h-time small\">2021-03-04 20:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>The U.S. Fed is caught in a difficult place that will require tremendous communication efforts for the market to understand. So far down the road during the pandemic, the Fed came to the rescue. It eased monetary conditions and also urged Congress to deliver fiscal stimulus.</b></p><p><blockquote><b>美联储陷入了困境，需要巨大的沟通努力才能让市场理解。到目前为止，在疫情期间，美联储出手相救。它放松了货币条件，并敦促国会实施财政刺激。</b></blockquote></p><p> Its words were heard, and the Fed’s actions eased the world’s desperate need for dollars seen in the spring of 2020. Fast forward to March 2021; the Fed is in a tough spot.</p><p><blockquote>它的话被听到了，美联储的行动缓解了2020年春天世界对美元的迫切需求。快进到2021年3月；美联储处境艰难。</blockquote></p><p> On the one hand, with every stock market decline, the market participants expect the Fed to intervene. However, the stock market is still close to all-time highs, and it is unlikely that the Fed will keep intervening verbally, especially because easing is still ongoing and about to increase.</p><p><blockquote>一方面，随着股市的每一次下跌，市场参与者都期待美联储进行干预。不过，股市仍接近历史高点，美联储不太可能继续口头干预，尤其是宽松仍在进行，且即将加码。</blockquote></p><p> On the other hand, the market starts pricing in a stronger economic recovery. Such a recovery should bring tightening from the Fed, and the market already implies that we will see a first rate hike in 2022. More precisely, the market priced in over 80% odds for a twenty-five basis points rate hike in 2022.</p><p><blockquote>另一方面，市场开始定价更强劲的经济复苏。这样的复苏应该会带来美联储的紧缩政策，市场已经暗示我们将在2022年看到首次加息。更准确地说，市场预计2022年加息25个基点的可能性超过80%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5bb0de592821a0233494cd8f9029d29e\" tg-width=\"730\" tg-height=\"571\"><b>Forward-Looking Markets Pressuring the Fed</b></p><p><blockquote><b>前瞻性市场给美联储带来压力</b></blockquote></p><p> On the same note as in the previous paragraph, the same market prices in another two rate hikes in 2023 and, by the end of 2025, a tightening of monetary conditions of over 125 basis points. This translates into the federal funds rate rising from close to zero currently to 1.25% three years from now.</p><p><blockquote>与上一段相同的说明，同样的市场价格将在2023年再加息两次，到2025年底，货币条件将收紧超过125个基点。这意味着三年后联邦基金利率将从目前的接近零升至1.25%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/007096706cd8851d515cb583e75ff0b6\" tg-width=\"727\" tg-height=\"662\">The problem comes from the current conditions. The markets tend to have a forward-looking attitude, and the pricing of assets in the present is based on such an attitude. Because of that, the current monetary conditions appear inappropriate, and the Fed will have a hard time explaining why.</p><p><blockquote>问题来自于目前的条件。市场往往有一种前瞻性的态度，现在的资产定价就是基于这种态度。正因为如此，当前的货币状况似乎不合适，美联储将很难解释原因。</blockquote></p><p> For example, the fiscal easing will continue. The months ahead will bring a renewed round of fiscal stimulus, as $1.9 trillion in fiscal aid is about to be unleashed. This is easing, but at the same time, the money will further fuel the economic recovery, and, in turn, more jobs will be created, and so on.</p><p><blockquote>例如，财政宽松将继续。未来几个月将带来新一轮财政刺激，1.9万亿美元的财政援助即将释放。这种情况正在缓解，但与此同时，这些钱将进一步推动经济复苏，反过来，将创造更多的就业机会，等等。</blockquote></p><p> More easing comes from the U.S. Treasury as well, forced to unwind its general account at the Fed in the months ahead. Finally, more easing comes even from the Fed, as it keeps purchasing $120 billion a month.</p><p><blockquote>更多的宽松政策也来自美国财政部，被迫在未来几个月解除其在美联储的普通账户。最后，更多的宽松政策甚至来自美联储，因为它每月继续购买1200亿美元。</blockquote></p><p> Yet, traders and investors must understand these actions reflect current conditions. Also, all are priced in already.</p><p><blockquote>然而，交易者和投资者必须明白，这些行为反映了当前的状况。此外，所有这些都已定价。</blockquote></p><p> As such, the rise in long-term yields is the one thing that matters. It points to sharp economic recovery, and more easing will not deter but fuel it.</p><p><blockquote>因此，长期收益率的上升是一件重要的事情。这表明经济将大幅复苏，更多的宽松政策不会阻碍经济复苏，而是会推动经济复苏。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://vantagepointtrading.com/news/will-the-fed-hike-sooner-than-expected/\">Vantage Point</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://vantagepointtrading.com/news/will-the-fed-hike-sooner-than-expected/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125642026","content_text":"The U.S. Fed is caught in a difficult place that will require tremendous communication efforts for the market to understand. So far down the road during the pandemic, the Fed came to the rescue. It eased monetary conditions and also urged Congress to deliver fiscal stimulus.\nIts words were heard, and the Fed’s actions eased the world’s desperate need for dollars seen in the spring of 2020. Fast forward to March 2021; the Fed is in a tough spot.\nOn the one hand, with every stock market decline, the market participants expect the Fed to intervene. However, the stock market is still close to all-time highs, and it is unlikely that the Fed will keep intervening verbally, especially because easing is still ongoing and about to increase.\nOn the other hand, the market starts pricing in a stronger economic recovery. Such a recovery should bring tightening from the Fed, and the market already implies that we will see a first rate hike in 2022. More precisely, the market priced in over 80% odds for a twenty-five basis points rate hike in 2022.\nForward-Looking Markets Pressuring the Fed\nOn the same note as in the previous paragraph, the same market prices in another two rate hikes in 2023 and, by the end of 2025, a tightening of monetary conditions of over 125 basis points. This translates into the federal funds rate rising from close to zero currently to 1.25% three years from now.\nThe problem comes from the current conditions. The markets tend to have a forward-looking attitude, and the pricing of assets in the present is based on such an attitude. Because of that, the current monetary conditions appear inappropriate, and the Fed will have a hard time explaining why.\nFor example, the fiscal easing will continue. The months ahead will bring a renewed round of fiscal stimulus, as $1.9 trillion in fiscal aid is about to be unleashed. This is easing, but at the same time, the money will further fuel the economic recovery, and, in turn, more jobs will be created, and so on.\nMore easing comes from the U.S. Treasury as well, forced to unwind its general account at the Fed in the months ahead. Finally, more easing comes even from the Fed, as it keeps purchasing $120 billion a month.\nYet, traders and investors must understand these actions reflect current conditions. Also, all are priced in already.\nAs such, the rise in long-term yields is the one thing that matters. It points to sharp economic recovery, and more easing will not deter but fuel it.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364309729,"gmtCreate":1614811302961,"gmtModify":1703481384567,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"gives time to enter&nbsp;","listText":"gives time to enter&nbsp;","text":"gives time to enter","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/364309729","repostId":"2116526613","repostType":2,"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362495194,"gmtCreate":1614655103318,"gmtModify":1703479421963,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"thanks&nbsp;","listText":"thanks&nbsp;","text":"thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/362495194","repostId":"2116955027","repostType":2,"repost":{"id":"2116955027","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1614642739,"share":"https://www.laohu8.com/m/news/2116955027?lang=zh_CN&edition=full","pubTime":"2021-03-02 07:52","market":"sh","language":"en","title":"BRIEF-Nio Inc Posts Basic And Diluted Net Loss Per Ads of Rmb1.05 (Us$0.16) In Q4 Of 2020<blockquote>简介-蔚来公司公布2020年第四季度每股美国存托凭证基本和摊薄净亏损为人民币1.05元（0.16美元）</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2116955027","media":"Reuters","summary":"March 1 (Reuters) - NIO Inc   :   * . REPORTS UNAUDITED FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL ","content":"<p><html><body>March 1 (Reuters) - NIO Inc   :</p><p><blockquote><html><body>路透3月1日-蔚来公司：</body></html></blockquote></p><p>   * . REPORTS UNAUDITED FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL RESULTS</p><p><blockquote>*.报告未经审计的2020年第四季度和全年财务业绩</blockquote></p><p>   * Q4 REVENUE ROSE 133.2 PERCENT TO RMB 6.641 BILLION</p><p><blockquote>*第四季度收入增长133.2%至人民币66.41亿元</blockquote></p><p>   * DELIVERIES OF VEHICLES WERE 17,353 IN Q4 OF 2020</p><p><blockquote>*2020年第四季度车辆交付量为17,353辆</blockquote></p><p>   * VEHICLE SALES WERE RMB6,174.0 MILLION (US$946.2 MILLION) IN Q4 OF 2020, REPRESENTING AN INCREASE OF 130.0% FROM Q4 OF 2019</p><p><blockquote>*2020年第四季度汽车销售额为人民币6,174.0百万元（946,200,000美元），较2019年第四季度增长130.0%</blockquote></p><p>   * BASIC AND DILUTED NET LOSS PER ADS WERE BOTH RMB1.05 (US$0.16) IN Q4 OF 2020</p><p><blockquote>*2020年第四季度每股美国存托凭证的基本和摊薄净亏损均为人民币1.05元（0.16美元）</blockquote></p><p>   * SEES Q1 DELIVERIES OF VEHICLES TO BE BETWEEN 20,000 AND 20,500 VEHICLES</p><p><blockquote>*预计第一季度车辆交付量在20,000至20,500辆之间</blockquote></p><p>   * QTRLY ADJUSTED BASIC AND DILUTED NET LOSS PER ADS (NON-GAAP) WERE BOTH RMB0.93 (US$0.14)</p><p><blockquote>*季度调整后每股美国存托凭证基本和摊薄净亏损（非公认会计准则）均为人民币0.93元（0.14美元）</blockquote></p><p>   * SEES Q1 TOTAL REVENUES TO BE BETWEEN RMB7,382.3 MILLION (US$1,131.4 MILLION) AND RMB7,557.2 MILLION (US$1,158.2 MILLION)</p><p><blockquote>*预计第一季度总收入在人民币73.823亿元（11.314亿美元）至人民币75.572亿元（11.582亿美元）之间</blockquote></p><p>   * Q4 REVENUE VIEW CNY 6.53 BILLION -- REFINITIV IBES DATA</p><p><blockquote>*第四季度收入查看65.3亿元人民币——REFINITIV IBES数据</blockquote></p><p>Source text for Eikon:    Further company coverage:   </p><p><blockquote>Eikon的源文本：更多公司报道：</blockquote></p><p> ((reuters.briefs@thomsonreuters.com;))</p><p><blockquote>（（reuters.briefs@thomsonreuters.com；））</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Nio Inc Posts Basic And Diluted Net Loss Per Ads of Rmb1.05 (Us$0.16) In Q4 Of 2020<blockquote>简介-蔚来公司公布2020年第四季度每股美国存托凭证基本和摊薄净亏损为人民币1.05元（0.16美元）</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-Nio Inc Posts Basic And Diluted Net Loss Per Ads of Rmb1.05 (Us$0.16) In Q4 Of 2020<blockquote>简介-蔚来公司公布2020年第四季度每股美国存托凭证基本和摊薄净亏损为人民币1.05元（0.16美元）</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2021-03-02 07:52</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><body>March 1 (Reuters) - NIO Inc   :</p><p><blockquote><html><body>路透3月1日-蔚来公司：</body></html></blockquote></p><p>   * . REPORTS UNAUDITED FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL RESULTS</p><p><blockquote>*.报告未经审计的2020年第四季度和全年财务业绩</blockquote></p><p>   * Q4 REVENUE ROSE 133.2 PERCENT TO RMB 6.641 BILLION</p><p><blockquote>*第四季度收入增长133.2%至人民币66.41亿元</blockquote></p><p>   * DELIVERIES OF VEHICLES WERE 17,353 IN Q4 OF 2020</p><p><blockquote>*2020年第四季度车辆交付量为17,353辆</blockquote></p><p>   * VEHICLE SALES WERE RMB6,174.0 MILLION (US$946.2 MILLION) IN Q4 OF 2020, REPRESENTING AN INCREASE OF 130.0% FROM Q4 OF 2019</p><p><blockquote>*2020年第四季度汽车销售额为人民币6,174.0百万元（946,200,000美元），较2019年第四季度增长130.0%</blockquote></p><p>   * BASIC AND DILUTED NET LOSS PER ADS WERE BOTH RMB1.05 (US$0.16) IN Q4 OF 2020</p><p><blockquote>*2020年第四季度每股美国存托凭证的基本和摊薄净亏损均为人民币1.05元（0.16美元）</blockquote></p><p>   * SEES Q1 DELIVERIES OF VEHICLES TO BE BETWEEN 20,000 AND 20,500 VEHICLES</p><p><blockquote>*预计第一季度车辆交付量在20,000至20,500辆之间</blockquote></p><p>   * QTRLY ADJUSTED BASIC AND DILUTED NET LOSS PER ADS (NON-GAAP) WERE BOTH RMB0.93 (US$0.14)</p><p><blockquote>*季度调整后每股美国存托凭证基本和摊薄净亏损（非公认会计准则）均为人民币0.93元（0.14美元）</blockquote></p><p>   * SEES Q1 TOTAL REVENUES TO BE BETWEEN RMB7,382.3 MILLION (US$1,131.4 MILLION) AND RMB7,557.2 MILLION (US$1,158.2 MILLION)</p><p><blockquote>*预计第一季度总收入在人民币73.823亿元（11.314亿美元）至人民币75.572亿元（11.582亿美元）之间</blockquote></p><p>   * Q4 REVENUE VIEW CNY 6.53 BILLION -- REFINITIV IBES DATA</p><p><blockquote>*第四季度收入查看65.3亿元人民币——REFINITIV IBES数据</blockquote></p><p>Source text for Eikon:    Further company coverage:   </p><p><blockquote>Eikon的源文本：更多公司报道：</blockquote></p><p> ((reuters.briefs@thomsonreuters.com;))</p><p><blockquote>（（reuters.briefs@thomsonreuters.com；））</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SANA":"Sana Biotechnology, Inc.","NIO":"蔚来","LHDX":"Lucira Health, Inc.","CGEM":"Cullinan Therapeutics","LABP":"Landos Biopharma, Inc."},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116955027","content_text":"March 1 (Reuters) - NIO Inc   :   * . REPORTS UNAUDITED FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL RESULTS   * Q4 REVENUE ROSE 133.2 PERCENT TO RMB 6.641 BILLION   * DELIVERIES OF VEHICLES WERE 17,353 IN Q4 OF 2020   * VEHICLE SALES WERE RMB6,174.0 MILLION (US$946.2 MILLION) IN Q4 OF 2020, REPRESENTING AN INCREASE OF 130.0% FROM Q4 OF 2019   * BASIC AND DILUTED NET LOSS PER ADS WERE BOTH RMB1.05 (US$0.16) IN Q4 OF 2020   * SEES Q1 DELIVERIES OF VEHICLES TO BE BETWEEN 20,000 AND 20,500 VEHICLES   * QTRLY ADJUSTED BASIC AND DILUTED NET LOSS PER ADS (NON-GAAP) WERE BOTH RMB0.93 (US$0.14)   * SEES Q1 TOTAL REVENUES TO BE BETWEEN RMB7,382.3 MILLION (US$1,131.4 MILLION) AND RMB7,557.2 MILLION (US$1,158.2 MILLION)   * Q4 REVENUE VIEW CNY 6.53 BILLION -- REFINITIV IBES DATASource text for Eikon:    Further company coverage:    ((reuters.briefs@thomsonreuters.com;))","news_type":1,"symbols_score_info":{"APR":1,"CGEM":1,"SANA":1,"LABP":1,"NIO":0.9,"LHDX":1}},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362498291,"gmtCreate":1614654828613,"gmtModify":1703479418718,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"very cool innovation, cute looking cars haha","listText":"very cool innovation, cute looking cars haha","text":"very cool innovation, cute looking cars 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leaning towards China ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/366752213","repostId":"2114865945","repostType":4,"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368735375,"gmtCreate":1614352084897,"gmtModify":1703476821046,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"thanks pfizer","listText":"thanks pfizer","text":"thanks pfizer","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/368735375","repostId":"2114371822","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166579457,"gmtCreate":1624020147079,"gmtModify":1631891845202,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"i want my graphics card&nbsp;","listText":"i want my graphics card&nbsp;","text":"i want my graphics card","images":[{"img":"https://static.tigerbbs.com/fe036aeb3edcbcb656f290b296b8fea3","width":"750","height":"2162"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/166579457","isVote":1,"tweetType":1,"viewCount":1311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":371316075,"gmtCreate":1618910402897,"gmtModify":1631888375963,"author":{"id":"3573632654965791","authorId":"3573632654965791","name":"Matchapie","avatar":"https://static.tigerbbs.com/0695b1edb7a0aee8cbc2a9874745b1e6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573632654965791","authorIdStr":"3573632654965791"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/03988\">$BANK OF CHINA(03988)$</a>very nice&nbsp;","listText":"<a href=\"https://laohu8.com/S/03988\">$BANK OF CHINA(03988)$</a>very nice&nbsp;","text":"$BANK OF CHINA(03988)$very 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