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noobsheet
2021-06-16
Yeahhh
Michael "Big Short" Burry: This Is The Greatest Bubble Of All Time In All Things "By Two Orders Of Magnitude"<blockquote>“大空头”迈克尔·伯里:这是有史以来最大的泡沫,“高出两个数量级”</blockquote>
noobsheet
2021-06-16
Cool
FOMC Preview: "It's Like The Titanic Running At Full Speed. In Fog. At Night"<blockquote>FOMC前瞻:“就像泰坦尼克号全速行驶。在雾中。在夜晚”</blockquote>
noobsheet
2021-04-22
Is it
Is Square the Long-Term Stock for You?<blockquote>Square是您的长期股票吗?</blockquote>
noobsheet
2021-04-21
Nice
XPeng P5's cumulative orders have exceeded 10000<blockquote>小鹏P5累计订单已破万</blockquote>
noobsheet
2021-03-30
GG
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noobsheet
2021-03-29
Asd
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noobsheet
2021-03-29
Cool
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noobsheet
2021-03-26
Cool
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noobsheet
2021-03-25
Iike pls
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noobsheet
2021-03-24
Yeesh
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noobsheet
2021-03-23
Like and comment
Why Amazon And Apple Are Proof US Equities Aren't In A Bubble<blockquote>为什么亚马逊和苹果证明美国股市并未陷入泡沫</blockquote>
noobsheet
2021-03-22
Like and comment pls
These Stocks Are More of a Gamble Than an Investment — and the #1 Is a Reddit Favorite<blockquote>这些股票与其说是投资,不如说是一场赌博——排名第一的股票是Reddit的最爱</blockquote>
noobsheet
2021-03-20
Cool
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noobsheet
2021-03-20
Comment
Powell says Fed will keep supporting economy ‘for as long as it takes’<blockquote>鲍威尔表示美联储将“只要需要”继续支持经济</blockquote>
noobsheet
2021-03-17
Come on
The Fed must chart a new course as the economy strengthens.<blockquote>随着经济走强,美联储必须制定新的路线。</blockquote>
noobsheet
2021-03-16
Great
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noobsheet
2021-03-15
Wow//
@Reiepp
: Wow
10 Stocks That Are Vulnerable to a Blowup<blockquote>10只容易爆发的股票</blockquote>
noobsheet
2021-03-15
Like
GameStop, AMC, and Cinemark Shares Have Been Whipsawed. What’s Ahead.<blockquote>游戏驿站、AMC和喜满客的股价遭受重创。前面是什么。</blockquote>
noobsheet
2021-03-15
Hmm
GameStop, AMC, and Cinemark Shares Have Been Whipsawed. What’s Ahead.<blockquote>游戏驿站、AMC和喜满客的股价遭受重创。前面是什么。</blockquote>
noobsheet
2021-03-14
Could it?
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23:16","market":"us","language":"en","title":"Michael \"Big Short\" Burry: This Is The Greatest Bubble Of All Time In All Things \"By Two Orders Of Magnitude\"<blockquote>“大空头”迈克尔·伯里:这是有史以来最大的泡沫,“高出两个数量级”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147269544","media":"zerohedge","summary":"Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he p","content":"<p>Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he picked up on the theme of Weimar Germany and specifically its<b>hyperinflation, as the blueprint for what comes next</b>in a lengthy tweetstorm cribbing generously fromParsson's seminal work, warning that<b>:</b></p><p><blockquote>今年早些时候,“大空头”迈克尔·伯里证实了美国银行最大的担忧,因为他谈到了魏玛德国的主题,特别是其<b>恶性通货膨胀,作为下一步的蓝图</b>在一篇冗长的推特风暴中,大量抄袭了帕森的开创性工作,警告说<b>:</b></blockquote></p><p> <b>\"The US government is inviting inflation with its MMT-tinged policies. Brisk Debt/GDP, M2 increases while retail sales, PMI stage V recovery</b>. Trillions more stimulus & re-opening to boost demand as employee and supply chain costs skyrocket.\"</p><p><blockquote><b>“美国政府正在以其带有MMT色彩的政策引发通胀。强劲的债务/GDP、M2增加,而零售销售、PMI第五阶段复苏</b>随着员工和供应链成本飙升,数万亿美元的刺激措施和重新开放以提振需求。”</blockquote></p><p> #ParadigmShift</p><p><blockquote>#范式转变</blockquote></p><p> \"The life of the inflation in its ripening stage was a paradox which had its own unmistakable characteristics. One was the great wealth, at least of those favored by the boom..Many great fortunes sprang up overnight...The cities, had an aimless and wanton youth\"</p><p><blockquote>“通货膨胀在成熟阶段的生活是一个悖论,它有自己明确无误的特征。一个是巨大的财富,至少是那些被繁荣所青睐的人。许多巨大的财富在一夜之间涌现出来……城市里有一群漫无目的、肆无忌惮的年轻人。”</blockquote></p><p> \"Prices in Germany were steady, and both business and the stock market were booming. The exchange rate of the mark against the dollar and other currencies actually rose for a time, and the mark was momentarily the strongest currency in the world\" on inflation's eve.</p><p><blockquote>“德国物价平稳,商业和股市都很繁荣。马克对美元和其他货币的汇率实际上一度上升,马克在通货膨胀前夕一时成为世界上最坚挺的货币”。</blockquote></p><p> <b>\"Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared.\"</b></p><p><blockquote><b>“与财富并存的是贫困地区。更多的人留在轻松赚钱的外围,看进去却进不去。犯罪率飙升。”</b></blockquote></p><p> <b>\"Accounts of the time tell of a progressive demoralization which crept over the common people, compounded of their weariness with the breakneck pace, to no visible purpose, and their fears from watching their own precarious positions slip while others grew so conspicuously rich.\"</b></p><p><blockquote><b>“当时的记录表明,普通人的士气逐渐低落,加上他们对无明显目的的极快节奏感到厌倦,他们害怕看到自己岌岌可危的地位下滑,而其他人却变得如此明显地富有。”</b></blockquote></p><p> \"Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.\"</p><p><blockquote>“几乎任何一种企业都能赚钱。企业失败和破产的情况变得很少了。繁荣中止了正常的自然选择过程,否则不必要和无效的东西就会被剔除。”</blockquote></p><p> <b>\"Speculation alone, while adding nothing to Germany's wealth, became one of its largest activities. The fever to join in turning a quick mark infected nearly all classes..Everyone from the elevator operator up was playing the market.\"</b></p><p><blockquote><b>“单是投机,虽然没有增加德国的财富,但却成了德国最大的活动之一。加入快速赚钱的热潮几乎感染了所有阶层……从电梯操作员到现在,每个人都在玩市场。”</b></blockquote></p><p> \"The volumes of turnover in securities on the Berlin Bourse became so high that the financial industry could not keep up with the paperwork...and the Bourse was obliged to close several days a week to work off the backlog\" #<i>robinhooddown</i></p><p><blockquote>“柏林证券交易所的证券交易量变得如此之高,以至于金融业无法跟上文书工作的步伐……交易所不得不每周关闭几天来处理积压的交易。”#<i>罗宾汉</i></blockquote></p><p> \"all the marks that existed in the world in the summer of 1922 were not worth enough, by November of 1923, to buy a single newspaper or a tram ticket. That was the spectacular part of the collapse, but most of the real loss in money wealth had been suffered much earlier.\"</p><p><blockquote>“1922年夏天世界上存在的所有马克,到1923年11月还不够买一份报纸或一张电车车票。这是崩溃的壮观之处,但货币财富的大部分真正损失在更早的时候就已经遭受了。”</blockquote></p><p> \"Throughout these years the structure was quietly building itself up for the blow.<b>Germany's #inflationcycle ran not for a year but for nine years, representing eight years of gestation and only one year of #collapse.\"</b></p><p><blockquote>“这些年来,这个结构一直在悄悄地为打击做好准备。<b>德国的#通货膨胀周期不是一年,而是九年,其中八年是酝酿,只有一年是崩溃。”</b></blockquote></p><p> His punchline: the above was \"written in 1974 re: 1914-1923\" and then makes the ominous extrapolation that \"<b>2010-2021: Gestation</b>\" adding that \"when dollars might as well be falling from the sky...management teams get creative and ultimately take more risk.. paying out debt-financed dividends to investors or investing in risky growth opportunities has beaten a frugal mentality hands down.\"</p><p><blockquote>他的笑点:以上是“写于1974年re:1914-1923”,然后做出不祥的推断“<b>2010-2021年:妊娠</b>“当美元可能从天而降时...管理团队变得富有创造力,最终承担更多风险..向投资者支付债务融资股息或投资高风险增长机会无疑击败了节俭心态。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c531b21050b42425510a30125935555e\" tg-width=\"500\" tg-height=\"395\">And, as if reading from the same playbook,<b>Paul Tudor Jones warned yesterday that things are \"bat shit crazy\"</b>and if Jay Powell</p><p><blockquote>而且,就像是在读同一本剧本,<b>保罗·都铎·琼斯昨天警告说,事情“太疯狂了”</b>如果杰伊·鲍威尔</blockquote></p><p> <i><b>“The idea that inflation is transitory, to me ... that one just doesn’t work the way I see the world.\"</b></i> All of which led to Burry's latest tweet warning this morning...</p><p><blockquote><i><b>“对我来说,通货膨胀是暂时的……这种想法并不符合我看待世界的方式。”</b></i>所有这些导致了伯里今天早上的最新推文警告...</blockquote></p><p> <i><b>\"People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.</b></i>#FlyingPigs360\" <img src=\"https://static.tigerbbs.com/afafeb68134e031ca871659bd8dbc595\" tg-width=\"512\" tg-height=\"261\">In other words:<i><b>\"Brace!\"</b></i></p><p><blockquote><i><b>“人们总是问我市场上发生了什么。这很简单。有史以来最大的投机泡沫。两个数量级。</b></i>#FlyingPigs360”换句话说:<i><b>“撑住!”</b></i></blockquote></p><p> So what are you going to do about it?</p><p><blockquote>那你打算怎么办?</blockquote></p><p> Tudor Jones had some simple advice: \"<b>buy commodities, buy crypto, buy gold.\"</b></p><p><blockquote>都铎·琼斯有一些简单的建议:“<b>购买大宗商品、购买加密货币、购买黄金。”</b></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>Michael \"Big Short\" Burry: This Is The Greatest Bubble Of All Time In All Things \"By Two Orders Of Magnitude\"<blockquote>“大空头”迈克尔·伯里:这是有史以来最大的泡沫,“高出两个数量级”</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\">\nMichael \"Big Short\" Burry: This Is The Greatest Bubble Of All Time In All Things \"By Two Orders Of Magnitude\"<blockquote>“大空头”迈克尔·伯里:这是有史以来最大的泡沫,“高出两个数量级”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-15 23:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he picked up on the theme of Weimar Germany and specifically its<b>hyperinflation, as the blueprint for what comes next</b>in a lengthy tweetstorm cribbing generously fromParsson's seminal work, warning that<b>:</b></p><p><blockquote>今年早些时候,“大空头”迈克尔·伯里证实了美国银行最大的担忧,因为他谈到了魏玛德国的主题,特别是其<b>恶性通货膨胀,作为下一步的蓝图</b>在一篇冗长的推特风暴中,大量抄袭了帕森的开创性工作,警告说<b>:</b></blockquote></p><p> <b>\"The US government is inviting inflation with its MMT-tinged policies. Brisk Debt/GDP, M2 increases while retail sales, PMI stage V recovery</b>. Trillions more stimulus & re-opening to boost demand as employee and supply chain costs skyrocket.\"</p><p><blockquote><b>“美国政府正在以其带有MMT色彩的政策引发通胀。强劲的债务/GDP、M2增加,而零售销售、PMI第五阶段复苏</b>随着员工和供应链成本飙升,数万亿美元的刺激措施和重新开放以提振需求。”</blockquote></p><p> #ParadigmShift</p><p><blockquote>#范式转变</blockquote></p><p> \"The life of the inflation in its ripening stage was a paradox which had its own unmistakable characteristics. One was the great wealth, at least of those favored by the boom..Many great fortunes sprang up overnight...The cities, had an aimless and wanton youth\"</p><p><blockquote>“通货膨胀在成熟阶段的生活是一个悖论,它有自己明确无误的特征。一个是巨大的财富,至少是那些被繁荣所青睐的人。许多巨大的财富在一夜之间涌现出来……城市里有一群漫无目的、肆无忌惮的年轻人。”</blockquote></p><p> \"Prices in Germany were steady, and both business and the stock market were booming. The exchange rate of the mark against the dollar and other currencies actually rose for a time, and the mark was momentarily the strongest currency in the world\" on inflation's eve.</p><p><blockquote>“德国物价平稳,商业和股市都很繁荣。马克对美元和其他货币的汇率实际上一度上升,马克在通货膨胀前夕一时成为世界上最坚挺的货币”。</blockquote></p><p> <b>\"Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared.\"</b></p><p><blockquote><b>“与财富并存的是贫困地区。更多的人留在轻松赚钱的外围,看进去却进不去。犯罪率飙升。”</b></blockquote></p><p> <b>\"Accounts of the time tell of a progressive demoralization which crept over the common people, compounded of their weariness with the breakneck pace, to no visible purpose, and their fears from watching their own precarious positions slip while others grew so conspicuously rich.\"</b></p><p><blockquote><b>“当时的记录表明,普通人的士气逐渐低落,加上他们对无明显目的的极快节奏感到厌倦,他们害怕看到自己岌岌可危的地位下滑,而其他人却变得如此明显地富有。”</b></blockquote></p><p> \"Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.\"</p><p><blockquote>“几乎任何一种企业都能赚钱。企业失败和破产的情况变得很少了。繁荣中止了正常的自然选择过程,否则不必要和无效的东西就会被剔除。”</blockquote></p><p> <b>\"Speculation alone, while adding nothing to Germany's wealth, became one of its largest activities. The fever to join in turning a quick mark infected nearly all classes..Everyone from the elevator operator up was playing the market.\"</b></p><p><blockquote><b>“单是投机,虽然没有增加德国的财富,但却成了德国最大的活动之一。加入快速赚钱的热潮几乎感染了所有阶层……从电梯操作员到现在,每个人都在玩市场。”</b></blockquote></p><p> \"The volumes of turnover in securities on the Berlin Bourse became so high that the financial industry could not keep up with the paperwork...and the Bourse was obliged to close several days a week to work off the backlog\" #<i>robinhooddown</i></p><p><blockquote>“柏林证券交易所的证券交易量变得如此之高,以至于金融业无法跟上文书工作的步伐……交易所不得不每周关闭几天来处理积压的交易。”#<i>罗宾汉</i></blockquote></p><p> \"all the marks that existed in the world in the summer of 1922 were not worth enough, by November of 1923, to buy a single newspaper or a tram ticket. That was the spectacular part of the collapse, but most of the real loss in money wealth had been suffered much earlier.\"</p><p><blockquote>“1922年夏天世界上存在的所有马克,到1923年11月还不够买一份报纸或一张电车车票。这是崩溃的壮观之处,但货币财富的大部分真正损失在更早的时候就已经遭受了。”</blockquote></p><p> \"Throughout these years the structure was quietly building itself up for the blow.<b>Germany's #inflationcycle ran not for a year but for nine years, representing eight years of gestation and only one year of #collapse.\"</b></p><p><blockquote>“这些年来,这个结构一直在悄悄地为打击做好准备。<b>德国的#通货膨胀周期不是一年,而是九年,其中八年是酝酿,只有一年是崩溃。”</b></blockquote></p><p> His punchline: the above was \"written in 1974 re: 1914-1923\" and then makes the ominous extrapolation that \"<b>2010-2021: Gestation</b>\" adding that \"when dollars might as well be falling from the sky...management teams get creative and ultimately take more risk.. paying out debt-financed dividends to investors or investing in risky growth opportunities has beaten a frugal mentality hands down.\"</p><p><blockquote>他的笑点:以上是“写于1974年re:1914-1923”,然后做出不祥的推断“<b>2010-2021年:妊娠</b>“当美元可能从天而降时...管理团队变得富有创造力,最终承担更多风险..向投资者支付债务融资股息或投资高风险增长机会无疑击败了节俭心态。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c531b21050b42425510a30125935555e\" tg-width=\"500\" tg-height=\"395\">And, as if reading from the same playbook,<b>Paul Tudor Jones warned yesterday that things are \"bat shit crazy\"</b>and if Jay Powell</p><p><blockquote>而且,就像是在读同一本剧本,<b>保罗·都铎·琼斯昨天警告说,事情“太疯狂了”</b>如果杰伊·鲍威尔</blockquote></p><p> <i><b>“The idea that inflation is transitory, to me ... that one just doesn’t work the way I see the world.\"</b></i> All of which led to Burry's latest tweet warning this morning...</p><p><blockquote><i><b>“对我来说,通货膨胀是暂时的……这种想法并不符合我看待世界的方式。”</b></i>所有这些导致了伯里今天早上的最新推文警告...</blockquote></p><p> <i><b>\"People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.</b></i>#FlyingPigs360\" <img src=\"https://static.tigerbbs.com/afafeb68134e031ca871659bd8dbc595\" tg-width=\"512\" tg-height=\"261\">In other words:<i><b>\"Brace!\"</b></i></p><p><blockquote><i><b>“人们总是问我市场上发生了什么。这很简单。有史以来最大的投机泡沫。两个数量级。</b></i>#FlyingPigs360”换句话说:<i><b>“撑住!”</b></i></blockquote></p><p> So what are you going to do about it?</p><p><blockquote>那你打算怎么办?</blockquote></p><p> Tudor Jones had some simple advice: \"<b>buy commodities, buy crypto, buy gold.\"</b></p><p><blockquote>都铎·琼斯有一些简单的建议:“<b>购买大宗商品、购买加密货币、购买黄金。”</b></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.zerohedge.com/markets/michael-big-short-burry-greatest-bubble-all-time-all-things-two-orders-magnitude\">zerohedge</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/michael-big-short-burry-greatest-bubble-all-time-all-things-two-orders-magnitude","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147269544","content_text":"Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he picked up on the theme of Weimar Germany and specifically itshyperinflation, as the blueprint for what comes nextin a lengthy tweetstorm cribbing generously fromParsson's seminal work, warning that:\n\"The US government is inviting inflation with its MMT-tinged policies. Brisk Debt/GDP, M2 increases while retail sales, PMI stage V recovery. Trillions more stimulus & re-opening to boost demand as employee and supply chain costs skyrocket.\"\n#ParadigmShift\n\"The life of the inflation in its ripening stage was a paradox which had its own unmistakable characteristics. One was the great wealth, at least of those favored by the boom..Many great fortunes sprang up overnight...The cities, had an aimless and wanton youth\"\n\"Prices in Germany were steady, and both business and the stock market were booming. The exchange rate of the mark against the dollar and other currencies actually rose for a time, and the mark was momentarily the strongest currency in the world\" on inflation's eve.\n\"Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared.\"\n\"Accounts of the time tell of a progressive demoralization which crept over the common people, compounded of their weariness with the breakneck pace, to no visible purpose, and their fears from watching their own precarious positions slip while others grew so conspicuously rich.\"\n\"Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.\"\n\"Speculation alone, while adding nothing to Germany's wealth, became one of its largest activities. The fever to join in turning a quick mark infected nearly all classes..Everyone from the elevator operator up was playing the market.\"\n\"The volumes of turnover in securities on the Berlin Bourse became so high that the financial industry could not keep up with the paperwork...and the Bourse was obliged to close several days a week to work off the backlog\" #robinhooddown\n\"all the marks that existed in the world in the summer of 1922 were not worth enough, by November of 1923, to buy a single newspaper or a tram ticket. That was the spectacular part of the collapse, but most of the real loss in money wealth had been suffered much earlier.\"\n\"Throughout these years the structure was quietly building itself up for the blow.Germany's #inflationcycle ran not for a year but for nine years, representing eight years of gestation and only one year of #collapse.\"\nHis punchline: the above was \"written in 1974 re: 1914-1923\" and then makes the ominous extrapolation that \"2010-2021: Gestation\" adding that \"when dollars might as well be falling from the sky...management teams get creative and ultimately take more risk.. paying out debt-financed dividends to investors or investing in risky growth opportunities has beaten a frugal mentality hands down.\"\nAnd, as if reading from the same playbook,Paul Tudor Jones warned yesterday that things are \"bat shit crazy\"and if Jay Powell\n\n“The idea that inflation is transitory, to me ... that one just doesn’t work the way I see the world.\"\n\nAll of which led to Burry's latest tweet warning this morning...\n\n\"People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.#FlyingPigs360\"\n\nIn other words:\"Brace!\"\nSo what are you going to do about it?\nTudor Jones had some simple advice: \"buy commodities, buy crypto, buy gold.\"","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160820386,"gmtCreate":1623781837545,"gmtModify":1634028303905,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160820386","repostId":"1187337744","repostType":4,"repost":{"id":"1187337744","kind":"news","pubTimestamp":1623770439,"share":"https://www.laohu8.com/m/news/1187337744?lang=zh_CN&edition=full","pubTime":"2021-06-15 23:20","market":"us","language":"en","title":"FOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"<blockquote>FOMC前瞻:“就像泰坦尼克号全速行驶。在雾中。在夜晚”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1187337744","media":"zerohedge","summary":"Perhaps it's prudent to ease up on the throttle.","content":"<p>There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.</p><p><blockquote>本周有一个FOMC会议,我们预计周三下午2:00会有一份政策声明。许多评论人士称这次FOMC会议是近年来“最重要的”会议。</blockquote></p><p> <u><i><b>Big picture … did the Fed move the goal posts?</b></i></u></p><p><blockquote><u><i><b>大局…美联储移动了球门柱吗?</b></i></u></blockquote></p><p> Let's look at some numbers.</p><p><blockquote>我们来看一些数字。</blockquote></p><p> Monthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -<b>these are real scary when they're annualized</b>.</p><p><blockquote>月度通胀:工资增长+.5%,PCE+.7%,PPI+.6%,CPI+.7%-<b>当它们按年计算时,真的很可怕</b>.</blockquote></p><p> GDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.</p><p><blockquote>在下一次报告中,国内生产总值预计为6.4%,失业率预计为5.5%。</blockquote></p><p> With these numbers, U.S. monetary is still \"<b>all in.\"</b></p><p><blockquote>有了这些数字,美国货币仍然“<b>全押。”</b></blockquote></p><p> Overnight rates are at 0% and QE running at $120 billion a month.</p><p><blockquote>隔夜利率为0%,量化宽松每月投入1200亿美元。</blockquote></p><p> <b>On top of that, there will be more stimulus as the economy continues to reopen.</b></p><p><blockquote><b>最重要的是,随着经济继续重新开放,将会有更多刺激措施。</b></blockquote></p><p> In my book, this economic situation calls for attention.</p><p><blockquote>在我的书中,这种经济形势引起了评级的关注。</blockquote></p><p> <u><i><b>It's like the Titanic running at full speed. In fog. At night.</b></i></u></p><p><blockquote><u><i><b>就像全速行驶的泰坦尼克号。在雾中。在晚上。</b></i></u></blockquote></p><p> Perhaps it's prudent to ease up on the throttle.</p><p><blockquote>也许放松油门是谨慎的做法。</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>FOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"<blockquote>FOMC前瞻:“就像泰坦尼克号全速行驶。在雾中。在夜晚”</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\">\nFOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"<blockquote>FOMC前瞻:“就像泰坦尼克号全速行驶。在雾中。在夜晚”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-15 23:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.</p><p><blockquote>本周有一个FOMC会议,我们预计周三下午2:00会有一份政策声明。许多评论人士称这次FOMC会议是近年来“最重要的”会议。</blockquote></p><p> <u><i><b>Big picture … did the Fed move the goal posts?</b></i></u></p><p><blockquote><u><i><b>大局…美联储移动了球门柱吗?</b></i></u></blockquote></p><p> Let's look at some numbers.</p><p><blockquote>我们来看一些数字。</blockquote></p><p> Monthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -<b>these are real scary when they're annualized</b>.</p><p><blockquote>月度通胀:工资增长+.5%,PCE+.7%,PPI+.6%,CPI+.7%-<b>当它们按年计算时,真的很可怕</b>.</blockquote></p><p> GDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.</p><p><blockquote>在下一次报告中,国内生产总值预计为6.4%,失业率预计为5.5%。</blockquote></p><p> With these numbers, U.S. monetary is still \"<b>all in.\"</b></p><p><blockquote>有了这些数字,美国货币仍然“<b>全押。”</b></blockquote></p><p> Overnight rates are at 0% and QE running at $120 billion a month.</p><p><blockquote>隔夜利率为0%,量化宽松每月投入1200亿美元。</blockquote></p><p> <b>On top of that, there will be more stimulus as the economy continues to reopen.</b></p><p><blockquote><b>最重要的是,随着经济继续重新开放,将会有更多刺激措施。</b></blockquote></p><p> In my book, this economic situation calls for attention.</p><p><blockquote>在我的书中,这种经济形势引起了评级的关注。</blockquote></p><p> <u><i><b>It's like the Titanic running at full speed. In fog. At night.</b></i></u></p><p><blockquote><u><i><b>就像全速行驶的泰坦尼克号。在雾中。在晚上。</b></i></u></blockquote></p><p> Perhaps it's prudent to ease up on the throttle.</p><p><blockquote>也许放松油门是谨慎的做法。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night\">zerohedge</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187337744","content_text":"There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.\nBig picture … did the Fed move the goal posts?\nLet's look at some numbers.\nMonthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -these are real scary when they're annualized.\nGDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.\nWith these numbers, U.S. monetary is still \"all in.\"\nOvernight rates are at 0% and QE running at $120 billion a month.\nOn top of that, there will be more stimulus as the economy continues to reopen.\nIn my book, this economic situation calls for attention.\nIt's like the Titanic running at full speed. In fog. At night.\nPerhaps it's prudent to ease up on the throttle.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1971,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378224350,"gmtCreate":1619047197470,"gmtModify":1634289045372,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Is it","listText":"Is it","text":"Is it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378224350","repostId":"1182476779","repostType":4,"repost":{"id":"1182476779","kind":"news","pubTimestamp":1619019304,"share":"https://www.laohu8.com/m/news/1182476779?lang=zh_CN&edition=full","pubTime":"2021-04-21 23:35","market":"us","language":"en","title":"Is Square the Long-Term Stock for You?<blockquote>Square是您的长期股票吗?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1182476779","media":"Motley Fool","summary":"The digital payments company is just getting started.\nSquare (NYSE:SQ) came back from an underwhelmi","content":"<p>The digital payments company is just getting started.</p><p><blockquote>这家数字支付公司才刚刚起步。</blockquote></p><p> <b>Square</b> (NYSE:SQ) came back from an underwhelming first half of 2020 with big increases in revenue and gross payment volume in the fourth quarter. But the bigger story is that the fintech company's long-term potential became more apparent as the year went on, and the market rewarded shareholders with roughly 350% gains over the course of the year. ARK Invest chief Cathie Wood, whose investment decisions are watched by growth investors everywhere, has made Square one of her largest holdings. Is it the right long-term stock for you?</p><p><blockquote><b>平方</b>(纽约证券交易所股票代码:SQ)从2020年上半年的低迷中恢复过来,第四季度的收入和支付总额大幅增长。但更重要的是,随着时间的推移,这家金融科技公司的长期潜力变得更加明显,市场在这一年中为股东带来了约350%的收益。ARK Invest首席执行官凯西·伍德(Cathie Wood)的投资决策受到各地成长型投资者的关注,她已将Square作为她最大的持股之一。这是适合您的长期股票吗?</blockquote></p><p> <b>The cashless society is coming</b></p><p><blockquote><b>无现金社会即将来临</b></blockquote></p><p> Square operates two ecosystems: one for sellers, which caters to the small and medium-sized business clients that use its fintech solutions, and Cash App, which individuals use to send payments and related functions. In many ways, it's similar to fintech leader <b>PayPal</b>, which offers similar products and services.</p><p><blockquote>Square运营着两个生态系统:一个面向卖家,迎合使用其金融科技解决方案的中小型企业客户;另一个面向Cash App,个人用于发送付款和相关功能。在很多方面,它与金融科技领导者相似<b>PayPal</b>,提供类似的产品和服务。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eec52b2852a019a71e28772d69a6c0bc\" tg-width=\"2000\" tg-height=\"1488\"><span>IMAGE SOURCE: SQUARE.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:SQUARE。</span></p></blockquote></p><p> As would be expected, the seller division was mixed during the pandemic. Physical small businesses suffered during lockdowns, but many with digital capabilities flourished. Square sees a $100 billion addressable market, of which it has less than 3%.</p><p><blockquote>正如预期的那样,大流行期间卖方部门喜忧参半。实体小企业在封锁期间遭受了损失,但许多拥有数字能力的小企业蓬勃发展。Square看到了1000亿美元的潜在市场,但其所占份额不到3%。</blockquote></p><p> Cash App, though, was a high performer during the pandemic as people stayed home and relied on mobile wallets to send and receive money. The company also expanded features for Cash App, such as stock and <b>Bitcoin</b> trading, as well as Cash Card and a rewards program. More than a million Cash App users bought Bitcoin for the first time in Q4, and the cryptocurrency was traded two and a half times more than in Q4 2019. Square itself bought $230 million of Bitcoin recently as it steers itself toward an expanded digital payment ecosystem.</p><p><blockquote>不过,Cash App在疫情期间表现出色,因为人们呆在家里,依靠移动钱包收发钱。该公司还扩展了Cash App的功能,例如股票和<b>比特币</b>交易,以及现金卡和奖励计划。超过100万Cash App用户在第四季度首次购买了比特币,该加密货币的交易量是2019年第四季度的两倍半。Square最近斥资2.3亿美元收购了比特币,以扩大数字支付生态系统。</blockquote></p><p> CashApp users increased 50% over the prior year in the fourth quarter to 36 million, and Cash App revenue increased more than 500%. A little bit of context is necessary here: Square records Bitcoin volume as revenue, and Bitcoin accounted for 80% of Cash App revenue in the fourth quarter and more than half of total revenue. Without Bitcoin, though, Cash App still grew 137%.</p><p><blockquote>第四季度CashApp用户同比增长50%,达到3600万,Cash App收入增长超过500%。这里需要一点背景知识:Square将比特币销量记录为收入,比特币占第四季度Cash App收入的80%,占总收入的一半以上。不过,没有比特币,Cash App仍增长了137%。</blockquote></p><p> According to a McKinsey survey, digital penetration reached 78% in 2020, and that includes 93% for ages 13-34. People using more than one type of digital payment increased to 58%. More than half of survey respondents said they shifted to online shopping during the pandemic, and more than a third said they would increase that. The pandemic accelerated what was already a shift to digital payments, and that's good news for Square.</p><p><blockquote>根据麦肯锡的一项调查,数字渗透率在2020年达到78%,其中13-34岁的人达到93%。使用一种以上数字支付方式的人增加到58%。超过一半的受访者表示,他们在疫情期间转向了网上购物,超过三分之一的受访者表示他们将增加网上购物。疫情加速了向数字支付的转变,这对Square来说是个好消息。</blockquote></p><p> <b>The power of the mobile wallet</b></p><p><blockquote><b>移动钱包的强大功能</b></blockquote></p><p> Square is poised to benefit from the move to digital wallets, and that means increased revenue from a growing and engaged user base. A Cash App account is simpler to use than a bank account, and the \"ecosystem\" aspect of Cash App as a peer-to-peer payments account and trading account is a very attractive feature. As we become more cashless, Square's investments in its platform are likely to yield more customers, higher engagement, and increased revenue.</p><p><blockquote>Square有望从向数字钱包的转变中受益,这意味着来自不断增长和参与的用户群的收入增加。Cash App账户比银行账户更容易使用,Cash App作为点对点支付账户和交易账户的“生态系统”方面是一个非常有吸引力的功能。随着我们变得更加无现金化,Square对其平台的投资可能会带来更多客户、更高的参与度和更多的收入。</blockquote></p><p> Cash App is also becoming more profitable, with gross profit per user up 70% year over year in Q4. Square became profitable for the first time in 2018, and it's been posting more consistent profits over the past two years. Q4 earnings of $294 million were a 24% decrease year over year, but as the seller business gets back up to speed, that should increase.</p><p><blockquote>Cash App的利润也越来越高,第四季度每用户毛利润同比增长70%。Square于2018年首次实现盈利,并且在过去两年中利润更加稳定。第四季度盈利为2.94亿美元,同比下降24%,但随着卖家业务恢复正常,这一数字应该会增加。</blockquote></p><p> Square sees a more than $60 billion addressable market for Cash App, of which it has less than 2%. In the near term, it's planning to gain market share by expanding the Cash App product line and improving customer service. But it has strong tailwinds that will continue to accelerate digital payment adoption as we move away from the pandemic.</p><p><blockquote>Square认为Cash App的潜在市场价值超过600亿美元,但其所占份额不到2%。短期内,它计划通过扩大Cash App产品线和改善客户服务来获得市场份额。但随着我们远离疫情,它有强大的推动力,将继续加速数字支付的采用。</blockquote></p><p> If you're looking for a growth stock that offers potential in the short and long term, Square is a candidate for you. Square stock has gained more than 1,500% over the past five years, but there is much more opportunity ahead, and the company is making moves to harness its potential.</p><p><blockquote>如果您正在寻找一只具有短期和长期潜力的成长型股票,Square是您的候选者。Square股价在过去五年中上涨了1,500%以上,但未来还有更多机会,该公司正在采取措施利用其潜力。</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>Is Square the Long-Term Stock for You?<blockquote>Square是您的长期股票吗?</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\">\nIs Square the Long-Term Stock for You?<blockquote>Square是您的长期股票吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-04-21 23:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The digital payments company is just getting started.</p><p><blockquote>这家数字支付公司才刚刚起步。</blockquote></p><p> <b>Square</b> (NYSE:SQ) came back from an underwhelming first half of 2020 with big increases in revenue and gross payment volume in the fourth quarter. But the bigger story is that the fintech company's long-term potential became more apparent as the year went on, and the market rewarded shareholders with roughly 350% gains over the course of the year. ARK Invest chief Cathie Wood, whose investment decisions are watched by growth investors everywhere, has made Square one of her largest holdings. Is it the right long-term stock for you?</p><p><blockquote><b>平方</b>(纽约证券交易所股票代码:SQ)从2020年上半年的低迷中恢复过来,第四季度的收入和支付总额大幅增长。但更重要的是,随着时间的推移,这家金融科技公司的长期潜力变得更加明显,市场在这一年中为股东带来了约350%的收益。ARK Invest首席执行官凯西·伍德(Cathie Wood)的投资决策受到各地成长型投资者的关注,她已将Square作为她最大的持股之一。这是适合您的长期股票吗?</blockquote></p><p> <b>The cashless society is coming</b></p><p><blockquote><b>无现金社会即将来临</b></blockquote></p><p> Square operates two ecosystems: one for sellers, which caters to the small and medium-sized business clients that use its fintech solutions, and Cash App, which individuals use to send payments and related functions. In many ways, it's similar to fintech leader <b>PayPal</b>, which offers similar products and services.</p><p><blockquote>Square运营着两个生态系统:一个面向卖家,迎合使用其金融科技解决方案的中小型企业客户;另一个面向Cash App,个人用于发送付款和相关功能。在很多方面,它与金融科技领导者相似<b>PayPal</b>,提供类似的产品和服务。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eec52b2852a019a71e28772d69a6c0bc\" tg-width=\"2000\" tg-height=\"1488\"><span>IMAGE SOURCE: SQUARE.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:SQUARE。</span></p></blockquote></p><p> As would be expected, the seller division was mixed during the pandemic. Physical small businesses suffered during lockdowns, but many with digital capabilities flourished. Square sees a $100 billion addressable market, of which it has less than 3%.</p><p><blockquote>正如预期的那样,大流行期间卖方部门喜忧参半。实体小企业在封锁期间遭受了损失,但许多拥有数字能力的小企业蓬勃发展。Square看到了1000亿美元的潜在市场,但其所占份额不到3%。</blockquote></p><p> Cash App, though, was a high performer during the pandemic as people stayed home and relied on mobile wallets to send and receive money. The company also expanded features for Cash App, such as stock and <b>Bitcoin</b> trading, as well as Cash Card and a rewards program. More than a million Cash App users bought Bitcoin for the first time in Q4, and the cryptocurrency was traded two and a half times more than in Q4 2019. Square itself bought $230 million of Bitcoin recently as it steers itself toward an expanded digital payment ecosystem.</p><p><blockquote>不过,Cash App在疫情期间表现出色,因为人们呆在家里,依靠移动钱包收发钱。该公司还扩展了Cash App的功能,例如股票和<b>比特币</b>交易,以及现金卡和奖励计划。超过100万Cash App用户在第四季度首次购买了比特币,该加密货币的交易量是2019年第四季度的两倍半。Square最近斥资2.3亿美元收购了比特币,以扩大数字支付生态系统。</blockquote></p><p> CashApp users increased 50% over the prior year in the fourth quarter to 36 million, and Cash App revenue increased more than 500%. A little bit of context is necessary here: Square records Bitcoin volume as revenue, and Bitcoin accounted for 80% of Cash App revenue in the fourth quarter and more than half of total revenue. Without Bitcoin, though, Cash App still grew 137%.</p><p><blockquote>第四季度CashApp用户同比增长50%,达到3600万,Cash App收入增长超过500%。这里需要一点背景知识:Square将比特币销量记录为收入,比特币占第四季度Cash App收入的80%,占总收入的一半以上。不过,没有比特币,Cash App仍增长了137%。</blockquote></p><p> According to a McKinsey survey, digital penetration reached 78% in 2020, and that includes 93% for ages 13-34. People using more than one type of digital payment increased to 58%. More than half of survey respondents said they shifted to online shopping during the pandemic, and more than a third said they would increase that. The pandemic accelerated what was already a shift to digital payments, and that's good news for Square.</p><p><blockquote>根据麦肯锡的一项调查,数字渗透率在2020年达到78%,其中13-34岁的人达到93%。使用一种以上数字支付方式的人增加到58%。超过一半的受访者表示,他们在疫情期间转向了网上购物,超过三分之一的受访者表示他们将增加网上购物。疫情加速了向数字支付的转变,这对Square来说是个好消息。</blockquote></p><p> <b>The power of the mobile wallet</b></p><p><blockquote><b>移动钱包的强大功能</b></blockquote></p><p> Square is poised to benefit from the move to digital wallets, and that means increased revenue from a growing and engaged user base. A Cash App account is simpler to use than a bank account, and the \"ecosystem\" aspect of Cash App as a peer-to-peer payments account and trading account is a very attractive feature. As we become more cashless, Square's investments in its platform are likely to yield more customers, higher engagement, and increased revenue.</p><p><blockquote>Square有望从向数字钱包的转变中受益,这意味着来自不断增长和参与的用户群的收入增加。Cash App账户比银行账户更容易使用,Cash App作为点对点支付账户和交易账户的“生态系统”方面是一个非常有吸引力的功能。随着我们变得更加无现金化,Square对其平台的投资可能会带来更多客户、更高的参与度和更多的收入。</blockquote></p><p> Cash App is also becoming more profitable, with gross profit per user up 70% year over year in Q4. Square became profitable for the first time in 2018, and it's been posting more consistent profits over the past two years. Q4 earnings of $294 million were a 24% decrease year over year, but as the seller business gets back up to speed, that should increase.</p><p><blockquote>Cash App的利润也越来越高,第四季度每用户毛利润同比增长70%。Square于2018年首次实现盈利,并且在过去两年中利润更加稳定。第四季度盈利为2.94亿美元,同比下降24%,但随着卖家业务恢复正常,这一数字应该会增加。</blockquote></p><p> Square sees a more than $60 billion addressable market for Cash App, of which it has less than 2%. In the near term, it's planning to gain market share by expanding the Cash App product line and improving customer service. But it has strong tailwinds that will continue to accelerate digital payment adoption as we move away from the pandemic.</p><p><blockquote>Square认为Cash App的潜在市场价值超过600亿美元,但其所占份额不到2%。短期内,它计划通过扩大Cash App产品线和改善客户服务来获得市场份额。但随着我们远离疫情,它有强大的推动力,将继续加速数字支付的采用。</blockquote></p><p> If you're looking for a growth stock that offers potential in the short and long term, Square is a candidate for you. Square stock has gained more than 1,500% over the past five years, but there is much more opportunity ahead, and the company is making moves to harness its potential.</p><p><blockquote>如果您正在寻找一只具有短期和长期潜力的成长型股票,Square是您的候选者。Square股价在过去五年中上涨了1,500%以上,但未来还有更多机会,该公司正在采取措施利用其潜力。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/04/21/is-square-the-long-term-stock-for-you/\">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":{},"source_url":"https://www.fool.com/investing/2021/04/21/is-square-the-long-term-stock-for-you/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182476779","content_text":"The digital payments company is just getting started.\nSquare (NYSE:SQ) came back from an underwhelming first half of 2020 with big increases in revenue and gross payment volume in the fourth quarter. But the bigger story is that the fintech company's long-term potential became more apparent as the year went on, and the market rewarded shareholders with roughly 350% gains over the course of the year. ARK Invest chief Cathie Wood, whose investment decisions are watched by growth investors everywhere, has made Square one of her largest holdings. Is it the right long-term stock for you?\nThe cashless society is coming\nSquare operates two ecosystems: one for sellers, which caters to the small and medium-sized business clients that use its fintech solutions, and Cash App, which individuals use to send payments and related functions. In many ways, it's similar to fintech leader PayPal, which offers similar products and services.\nIMAGE SOURCE: SQUARE.\nAs would be expected, the seller division was mixed during the pandemic. Physical small businesses suffered during lockdowns, but many with digital capabilities flourished. Square sees a $100 billion addressable market, of which it has less than 3%.\nCash App, though, was a high performer during the pandemic as people stayed home and relied on mobile wallets to send and receive money. The company also expanded features for Cash App, such as stock and Bitcoin trading, as well as Cash Card and a rewards program. More than a million Cash App users bought Bitcoin for the first time in Q4, and the cryptocurrency was traded two and a half times more than in Q4 2019. Square itself bought $230 million of Bitcoin recently as it steers itself toward an expanded digital payment ecosystem.\nCashApp users increased 50% over the prior year in the fourth quarter to 36 million, and Cash App revenue increased more than 500%. A little bit of context is necessary here: Square records Bitcoin volume as revenue, and Bitcoin accounted for 80% of Cash App revenue in the fourth quarter and more than half of total revenue. Without Bitcoin, though, Cash App still grew 137%.\nAccording to a McKinsey survey, digital penetration reached 78% in 2020, and that includes 93% for ages 13-34. People using more than one type of digital payment increased to 58%. More than half of survey respondents said they shifted to online shopping during the pandemic, and more than a third said they would increase that. The pandemic accelerated what was already a shift to digital payments, and that's good news for Square.\nThe power of the mobile wallet\nSquare is poised to benefit from the move to digital wallets, and that means increased revenue from a growing and engaged user base. A Cash App account is simpler to use than a bank account, and the \"ecosystem\" aspect of Cash App as a peer-to-peer payments account and trading account is a very attractive feature. As we become more cashless, Square's investments in its platform are likely to yield more customers, higher engagement, and increased revenue.\nCash App is also becoming more profitable, with gross profit per user up 70% year over year in Q4. Square became profitable for the first time in 2018, and it's been posting more consistent profits over the past two years. Q4 earnings of $294 million were a 24% decrease year over year, but as the seller business gets back up to speed, that should increase.\nSquare sees a more than $60 billion addressable market for Cash App, of which it has less than 2%. In the near term, it's planning to gain market share by expanding the Cash App product line and improving customer service. But it has strong tailwinds that will continue to accelerate digital payment adoption as we move away from the pandemic.\nIf you're looking for a growth stock that offers potential in the short and long term, Square is a candidate for you. Square stock has gained more than 1,500% over the past five years, but there is much more opportunity ahead, and the company is making moves to harness its potential.","news_type":1,"symbols_score_info":{"SQ":0.9}},"isVote":1,"tweetType":1,"viewCount":1386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378927693,"gmtCreate":1618993768612,"gmtModify":1634289357605,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378927693","repostId":"1176251697","repostType":4,"repost":{"id":"1176251697","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618993288,"share":"https://www.laohu8.com/m/news/1176251697?lang=zh_CN&edition=full","pubTime":"2021-04-21 16:21","market":"us","language":"en","title":"XPeng P5's cumulative orders have exceeded 10000<blockquote>小鹏P5累计订单已破万</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176251697","media":"Tiger Newspress","summary":"As of 15:16, April 21, 2021, Beijing time, XPeng P5's cumulative orders have exceeded 10000!XPeng P5 becomes the most popular model of XPeng auto reservation.Xpeng Motors shares fell slightly 0.29% in premarket trading.XPeng Motors exhibited and kicked off pre-orders for its third production model on April 19th, the XPeng P5, the world’s first production smart EV equipped with automotive-grade LiDAR technology.Showcased at the 2021 International Automotive Exhibition in Shanghai, the P5 family-f","content":"<p>As of 15:16, April 21, 2021, Beijing time, XPeng P5's cumulative orders have exceeded 10000! XPeng P5 becomes the most popular model of XPeng auto reservation.</p><p><blockquote>截至北京时间2021年4月21日15时16分,小鹏P 5累计订单破万!小鹏P 5成为小鹏汽车预订最受欢迎的车型。</blockquote></p><p><img src=\"https://static.tigerbbs.com/be5992c790fdc476833c8c3f636996ca\" tg-width=\"690\" tg-height=\"1492\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Xpeng Motors shares fell slightly 0.29% in premarket trading.</p><p><blockquote>小鹏汽车股价在盘前交易中小幅下跌0.29%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/c8b7023bf604c6b06f60d4d349fb564b\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>XPeng Motors exhibited and kicked off pre-orders for its third production model on April 19th, the XPeng P5, the world’s first production smart EV equipped with automotive-grade LiDAR technology.</p><p><blockquote>小鹏汽车于4月19日展出并开启了其第三款量产车型小鹏P5的预订,这是全球首款搭载车规级激光雷达技术的量产智能电动汽车。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/029719862e381bd71923e26a51033ffb\" tg-width=\"480\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><span>XPeng P5 sedan</span></p><p><blockquote><p class=\"t-img-caption\"><span>小鹏P5轿车</span></p></blockquote></p><p>Showcased at the 2021 International Automotive Exhibition in Shanghai, the P5 family-friendly sedan joins XPeng’s P7 sports sedan and G3 compact SUV to offer a full suite of mobility solutions to customers in China. The P5 builds on the previous models not only in its best-in-class autonomous driving functionality, but also in its third generation tech-enabled smart cockpit features, envisioning the car as a third living space to complement home space and work space.</p><p><blockquote>P5家用轿车在2021年上海国际汽车展览会上亮相,与小鹏汽车的P7运动型轿车和G3紧凑型SUV一起,为中国客户提供全套移动解决方案。P5不仅在同类最佳的自动驾驶功能上,而且在第三代技术支持的智能驾驶舱功能上,将汽车设想为第三个生活空间,以补充家庭空间和工作空间。</blockquote></p><p>\"We persist in exploring because we are convinced that technology will enrich our lifestyles and bring about a great mobility transformation,\" Chairman and CEO Mr. He Xiaopeng said at the press conference. \"We believe in the future of autonomous driving, and remain committed to it. Transportation has immense influence on our daily lives and technology is empowering our life choices and propelling a fundamental revolution in mobility.\"</p><p><blockquote>董事长兼CEO何小鹏先生在发布会上表示:“我们坚持探索,因为我们深信科技将丰富我们的生活方式,带来一场伟大的移动变革。”“我们相信自动驾驶的未来,并继续致力于此。交通对我们的日常生活有着巨大的影响,技术正在赋予我们的生活选择能力,并推动移动出行的根本性革命。”</blockquote></p><p><b>NGP autonomous driving – from highways to cities</b></p><p><blockquote><b>NGP自动驾驶——从高速公路到城市</b></blockquote></p><p>The P5 will bring Navigation Guided Pilot (NGP) capabilities to city roads for the first time in a production vehicle, powered by XPeng’s full-stack in-house developed autonomous driving system XPILOT 3.5 – the strongest autonomous driving architecture in its class. The new architecture comprises 32 perception sensors (including 2 LiDAR units, 12 ultrasonic sensors, 5 millimeter-wave radars, and 13 high-definition cameras) and 1 high-precision positioning unit (GNSS + IMU), integrated into 360° dual-perception fusion to handle challenging and complex road conditions.</p><p><blockquote>P5将首次在量产车中为城市道路带来导航引导领航(NGP)功能,由小鹏汽车内部开发的全栈自动驾驶系统XPILOT 3.5提供支持,这是同类产品中最强的自动驾驶架构。新架构由32个感知传感器(包括2个激光雷达单元、12个超声波传感器、5个毫米波雷达和13个高清摄像头)和1个高精度定位单元(GNSS+IMU)组成,集成到360°双感知融合中,以应对具有挑战性的复杂路况。</blockquote></p><p>With its double-prism LiDAR units, the P5 can distinguish pedestrians, cyclists and scooters, static obstacles, and road works, and extend the NGP function from highways to city driving, dealing with cutting-in, automatic following and speed limit optimization on urban roads, traffic lights and small objects.</p><p><blockquote>凭借其双棱镜激光雷达单元,P5可以区分行人、骑自行车者和踏板车、静态障碍物和道路工程,并将NGP功能从高速公路扩展到城市驾驶,处理城市道路、红绿灯和小物体上的切入、自动跟随和限速优化。</blockquote></p><p>\"The P5 realizes our vision of navigation-assisted autonomous driving, aiming to liberate the driver’s concentration and effort from the drudgery of manual driving,\" Chairman He continued. \"We seek to enable autonomous driving in all weathers and in the most challenging driving conditions.\"</p><p><blockquote>“P5实现了我们对导航辅助自动驾驶的愿景,旨在将驾驶员的注意力和精力从手动驾驶的苦差事中解放出来,”何董事长继续说道。“我们寻求在所有天气和最具挑战性的驾驶条件下实现自动驾驶。”</blockquote></p><p><b>Third generation cockpit, third space</b></p><p><blockquote><b>第三代座舱,第三空间</b></blockquote></p><p>This third generation smart EV also brings to customers a 3rd generation cockpit with a new level of rich and customizable features – a third space extension to home and office, enabled by all-voice assistance and powerful connectivity. The P5’s Xmart OS 3.0, the latest generation of XPeng’s in-car operation system, supports full-scenario all-voice interaction. The P5 is also the first vehicle in its class to deploy Qualcomm’s Snapdragon flagship SA8155P auto-grade computing platform, 3 times more powerful than the previous generation.</p><p><blockquote>这款第三代智能电动汽车还为客户带来了第三代驾驶舱,具有新水平的丰富和可定制功能——家庭和办公室的第三个空间扩展,通过全语音辅助和强大的连接实现。P5的Xmart OS 3.0是小鹏最新一代车载操作系统,支持全场景全语音交互。P5也是同级车中首款部署高通骁龙旗舰SA8155P汽车级计算平台的车辆,比上一代产品强大3倍。</blockquote></p><p>The P5’s interior space is the largest among A+ category sedans. Pioneering the third-generation smart cockpit, the P5 boasts fully-reclining front seat design, optimizing interior space to create a comfortable sleep mode. For a private screening experience, cinema mode is also available through the optional full-width projection screen, with karaoke and multimedia entertainment options. Additional comfort and lifestyle features include a capacious 18L refrigerator, and full 220v power for accessories and third-party devices.</p><p><blockquote>P5的内部空间是A+级轿车中最大的。P5首创第三代智能座舱,前排座椅全放倒设计,优化车内空间,打造舒适睡眠模式。对于私人放映体验,还可以通过可选的全宽投影屏幕提供影院模式,并提供卡拉OK和多媒体娱乐选项。额外的舒适和生活方式功能包括一个大容量的18L冰箱,以及用于配件和第三方设备的220v全电源。</blockquote></p><p><b>P5 delivery expected 4Q 2021</b></p><p><blockquote><b>P5预计2021年第四季度交付</b></blockquote></p><p>XPeng P5 is expected to start delivery in the fourth quarter of 2021 with reservations starting on 19 April. Early bird customers will be entitled for lifetime free charging and supercharging services.</p><p><blockquote>小鹏P5预计将于2021年第四季度开始交付,预订将于4月19日开始。早鸟客户将有权享受终身免费充电和超级充电服务。</blockquote></p><p>The P5 will bring a whole new level of lifestyle experience for customers in conjunction with a whole range of new possibilities in mobility.</p><p><blockquote>P5将为客户带来全新水平的生活方式体验,同时带来一系列新的移动可能性。</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>XPeng P5's cumulative orders have exceeded 10000<blockquote>小鹏P5累计订单已破万</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\">\nXPeng P5's cumulative orders have exceeded 10000<blockquote>小鹏P5累计订单已破万</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-04-21 16:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>As of 15:16, April 21, 2021, Beijing time, XPeng P5's cumulative orders have exceeded 10000! XPeng P5 becomes the most popular model of XPeng auto reservation.</p><p><blockquote>截至北京时间2021年4月21日15时16分,小鹏P 5累计订单破万!小鹏P 5成为小鹏汽车预订最受欢迎的车型。</blockquote></p><p><img src=\"https://static.tigerbbs.com/be5992c790fdc476833c8c3f636996ca\" tg-width=\"690\" tg-height=\"1492\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Xpeng Motors shares fell slightly 0.29% in premarket trading.</p><p><blockquote>小鹏汽车股价在盘前交易中小幅下跌0.29%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/c8b7023bf604c6b06f60d4d349fb564b\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>XPeng Motors exhibited and kicked off pre-orders for its third production model on April 19th, the XPeng P5, the world’s first production smart EV equipped with automotive-grade LiDAR technology.</p><p><blockquote>小鹏汽车于4月19日展出并开启了其第三款量产车型小鹏P5的预订,这是全球首款搭载车规级激光雷达技术的量产智能电动汽车。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/029719862e381bd71923e26a51033ffb\" tg-width=\"480\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><span>XPeng P5 sedan</span></p><p><blockquote><p class=\"t-img-caption\"><span>小鹏P5轿车</span></p></blockquote></p><p>Showcased at the 2021 International Automotive Exhibition in Shanghai, the P5 family-friendly sedan joins XPeng’s P7 sports sedan and G3 compact SUV to offer a full suite of mobility solutions to customers in China. The P5 builds on the previous models not only in its best-in-class autonomous driving functionality, but also in its third generation tech-enabled smart cockpit features, envisioning the car as a third living space to complement home space and work space.</p><p><blockquote>P5家用轿车在2021年上海国际汽车展览会上亮相,与小鹏汽车的P7运动型轿车和G3紧凑型SUV一起,为中国客户提供全套移动解决方案。P5不仅在同类最佳的自动驾驶功能上,而且在第三代技术支持的智能驾驶舱功能上,将汽车设想为第三个生活空间,以补充家庭空间和工作空间。</blockquote></p><p>\"We persist in exploring because we are convinced that technology will enrich our lifestyles and bring about a great mobility transformation,\" Chairman and CEO Mr. He Xiaopeng said at the press conference. \"We believe in the future of autonomous driving, and remain committed to it. Transportation has immense influence on our daily lives and technology is empowering our life choices and propelling a fundamental revolution in mobility.\"</p><p><blockquote>董事长兼CEO何小鹏先生在发布会上表示:“我们坚持探索,因为我们深信科技将丰富我们的生活方式,带来一场伟大的移动变革。”“我们相信自动驾驶的未来,并继续致力于此。交通对我们的日常生活有着巨大的影响,技术正在赋予我们的生活选择能力,并推动移动出行的根本性革命。”</blockquote></p><p><b>NGP autonomous driving – from highways to cities</b></p><p><blockquote><b>NGP自动驾驶——从高速公路到城市</b></blockquote></p><p>The P5 will bring Navigation Guided Pilot (NGP) capabilities to city roads for the first time in a production vehicle, powered by XPeng’s full-stack in-house developed autonomous driving system XPILOT 3.5 – the strongest autonomous driving architecture in its class. The new architecture comprises 32 perception sensors (including 2 LiDAR units, 12 ultrasonic sensors, 5 millimeter-wave radars, and 13 high-definition cameras) and 1 high-precision positioning unit (GNSS + IMU), integrated into 360° dual-perception fusion to handle challenging and complex road conditions.</p><p><blockquote>P5将首次在量产车中为城市道路带来导航引导领航(NGP)功能,由小鹏汽车内部开发的全栈自动驾驶系统XPILOT 3.5提供支持,这是同类产品中最强的自动驾驶架构。新架构由32个感知传感器(包括2个激光雷达单元、12个超声波传感器、5个毫米波雷达和13个高清摄像头)和1个高精度定位单元(GNSS+IMU)组成,集成到360°双感知融合中,以应对具有挑战性的复杂路况。</blockquote></p><p>With its double-prism LiDAR units, the P5 can distinguish pedestrians, cyclists and scooters, static obstacles, and road works, and extend the NGP function from highways to city driving, dealing with cutting-in, automatic following and speed limit optimization on urban roads, traffic lights and small objects.</p><p><blockquote>凭借其双棱镜激光雷达单元,P5可以区分行人、骑自行车者和踏板车、静态障碍物和道路工程,并将NGP功能从高速公路扩展到城市驾驶,处理城市道路、红绿灯和小物体上的切入、自动跟随和限速优化。</blockquote></p><p>\"The P5 realizes our vision of navigation-assisted autonomous driving, aiming to liberate the driver’s concentration and effort from the drudgery of manual driving,\" Chairman He continued. \"We seek to enable autonomous driving in all weathers and in the most challenging driving conditions.\"</p><p><blockquote>“P5实现了我们对导航辅助自动驾驶的愿景,旨在将驾驶员的注意力和精力从手动驾驶的苦差事中解放出来,”何董事长继续说道。“我们寻求在所有天气和最具挑战性的驾驶条件下实现自动驾驶。”</blockquote></p><p><b>Third generation cockpit, third space</b></p><p><blockquote><b>第三代座舱,第三空间</b></blockquote></p><p>This third generation smart EV also brings to customers a 3rd generation cockpit with a new level of rich and customizable features – a third space extension to home and office, enabled by all-voice assistance and powerful connectivity. The P5’s Xmart OS 3.0, the latest generation of XPeng’s in-car operation system, supports full-scenario all-voice interaction. The P5 is also the first vehicle in its class to deploy Qualcomm’s Snapdragon flagship SA8155P auto-grade computing platform, 3 times more powerful than the previous generation.</p><p><blockquote>这款第三代智能电动汽车还为客户带来了第三代驾驶舱,具有新水平的丰富和可定制功能——家庭和办公室的第三个空间扩展,通过全语音辅助和强大的连接实现。P5的Xmart OS 3.0是小鹏最新一代车载操作系统,支持全场景全语音交互。P5也是同级车中首款部署高通骁龙旗舰SA8155P汽车级计算平台的车辆,比上一代产品强大3倍。</blockquote></p><p>The P5’s interior space is the largest among A+ category sedans. Pioneering the third-generation smart cockpit, the P5 boasts fully-reclining front seat design, optimizing interior space to create a comfortable sleep mode. For a private screening experience, cinema mode is also available through the optional full-width projection screen, with karaoke and multimedia entertainment options. Additional comfort and lifestyle features include a capacious 18L refrigerator, and full 220v power for accessories and third-party devices.</p><p><blockquote>P5的内部空间是A+级轿车中最大的。P5首创第三代智能座舱,前排座椅全放倒设计,优化车内空间,打造舒适睡眠模式。对于私人放映体验,还可以通过可选的全宽投影屏幕提供影院模式,并提供卡拉OK和多媒体娱乐选项。额外的舒适和生活方式功能包括一个大容量的18L冰箱,以及用于配件和第三方设备的220v全电源。</blockquote></p><p><b>P5 delivery expected 4Q 2021</b></p><p><blockquote><b>P5预计2021年第四季度交付</b></blockquote></p><p>XPeng P5 is expected to start delivery in the fourth quarter of 2021 with reservations starting on 19 April. Early bird customers will be entitled for lifetime free charging and supercharging services.</p><p><blockquote>小鹏P5预计将于2021年第四季度开始交付,预订将于4月19日开始。早鸟客户将有权享受终身免费充电和超级充电服务。</blockquote></p><p>The P5 will bring a whole new level of lifestyle experience for customers in conjunction with a whole range of new possibilities in mobility.</p><p><blockquote>P5将为客户带来全新水平的生活方式体验,同时带来一系列新的移动可能性。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176251697","content_text":"As of 15:16, April 21, 2021, Beijing time, XPeng P5's cumulative orders have exceeded 10000! XPeng P5 becomes the most popular model of XPeng auto reservation.Xpeng Motors shares fell slightly 0.29% in premarket trading.XPeng Motors exhibited and kicked off pre-orders for its third production model on April 19th, the XPeng P5, the world’s first production smart EV equipped with automotive-grade LiDAR technology.XPeng P5 sedanShowcased at the 2021 International Automotive Exhibition in Shanghai, the P5 family-friendly sedan joins XPeng’s P7 sports sedan and G3 compact SUV to offer a full suite of mobility solutions to customers in China. The P5 builds on the previous models not only in its best-in-class autonomous driving functionality, but also in its third generation tech-enabled smart cockpit features, envisioning the car as a third living space to complement home space and work space.\"We persist in exploring because we are convinced that technology will enrich our lifestyles and bring about a great mobility transformation,\" Chairman and CEO Mr. He Xiaopeng said at the press conference. \"We believe in the future of autonomous driving, and remain committed to it. Transportation has immense influence on our daily lives and technology is empowering our life choices and propelling a fundamental revolution in mobility.\"NGP autonomous driving – from highways to citiesThe P5 will bring Navigation Guided Pilot (NGP) capabilities to city roads for the first time in a production vehicle, powered by XPeng’s full-stack in-house developed autonomous driving system XPILOT 3.5 – the strongest autonomous driving architecture in its class. The new architecture comprises 32 perception sensors (including 2 LiDAR units, 12 ultrasonic sensors, 5 millimeter-wave radars, and 13 high-definition cameras) and 1 high-precision positioning unit (GNSS + IMU), integrated into 360° dual-perception fusion to handle challenging and complex road conditions.With its double-prism LiDAR units, the P5 can distinguish pedestrians, cyclists and scooters, static obstacles, and road works, and extend the NGP function from highways to city driving, dealing with cutting-in, automatic following and speed limit optimization on urban roads, traffic lights and small objects.\"The P5 realizes our vision of navigation-assisted autonomous driving, aiming to liberate the driver’s concentration and effort from the drudgery of manual driving,\" Chairman He continued. \"We seek to enable autonomous driving in all weathers and in the most challenging driving conditions.\"Third generation cockpit, third spaceThis third generation smart EV also brings to customers a 3rd generation cockpit with a new level of rich and customizable features – a third space extension to home and office, enabled by all-voice assistance and powerful connectivity. The P5’s Xmart OS 3.0, the latest generation of XPeng’s in-car operation system, supports full-scenario all-voice interaction. The P5 is also the first vehicle in its class to deploy Qualcomm’s Snapdragon flagship SA8155P auto-grade computing platform, 3 times more powerful than the previous generation.The P5’s interior space is the largest among A+ category sedans. Pioneering the third-generation smart cockpit, the P5 boasts fully-reclining front seat design, optimizing interior space to create a comfortable sleep mode. For a private screening experience, cinema mode is also available through the optional full-width projection screen, with karaoke and multimedia entertainment options. Additional comfort and lifestyle features include a capacious 18L refrigerator, and full 220v power for accessories and third-party devices.P5 delivery expected 4Q 2021XPeng P5 is expected to start delivery in the fourth quarter of 2021 with reservations starting on 19 April. Early bird customers will be entitled for lifetime free charging and supercharging services.The P5 will bring a whole new level of lifestyle experience for customers in conjunction with a whole range of new possibilities in 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and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/353559076","repostId":"1122990114","repostType":4,"repost":{"id":"1122990114","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1616508493,"share":"https://www.laohu8.com/m/news/1122990114?lang=zh_CN&edition=full","pubTime":"2021-03-23 22:08","market":"us","language":"en","title":"Why Amazon And Apple Are Proof US Equities Aren't In A Bubble<blockquote>为什么亚马逊和苹果证明美国股市并未陷入泡沫</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122990114","media":"Benzinga","summary":"According to the investment banking giant, the current stock market valuations are substantially cor","content":"<p><img src=\"https://static.tigerbbs.com/e2c2061bf3e550d9b1fce50ea579fc04\" tg-width=\"685\" tg-height=\"375\"></p><p><blockquote></blockquote></p><p> <i>According to the investment banking giant, the current stock market valuations are substantially correct.</i></p><p><blockquote><i>投行巨头表示,目前股市估值基本正确。</i></blockquote></p><p> With many stock markets reaching new highs, record issuances and a large number of deals in a row, fears that the markets may develop financial bubbles are also mounting. To help investors understand and avoid risks, Goldman Sachs has published a Global Strategy Paper which examines their characteristics and dangers, drawing the conclusion that current markets only present a few of the recurring features associated with bubbles. For example, there is no doubt that exceptionally-low interest rates can induce excessive risk-taking, but private sector finances are robust, thus reducing the chances of systemic risk in the absence of significant financial leverage, with the exception of government debts.</p><p><blockquote>随着许多股市连续创下新高、创纪录的发行量和大量交易,人们对市场可能出现金融泡沫的担忧也在加剧。为了帮助投资者了解和规避风险,高盛发表了一份全球策略文件,研究了风险的特征和危险,得出的结论是,当前市场仅呈现出一些与泡沫相关的反复出现的特征。例如,毫无疑问,极低的利率会导致过度冒险,但私营部门财务稳健,因此在没有重大金融杠杆(政府债务除外)的情况下降低了系统性风险的机会。</blockquote></p><p> <b>Neither Bubbles Nor Bear Market In Sight:</b> According to Goldman Sachs, the initial phase of a recovery business cycle also suggests that the risk of impending bubbles, with their associated systemic risk, is relatively low. The investment company brings the example of <b>Amazon.com Inc.</b> and <b>Apple Inc.</b> stocks which, unlike in 2000, are not to be considered in bubble territory, since their respective fundamentals justify such high prices. The final verdict of the long and detailed analysis proposed by Goldman Sachs' \"guide to bubbles\" is that there are signs of complacency and high optimism in the market, but the key factors driving it and the cycle of economic recovery being just at the beginning seem to suggest that we are far from the explosion of a bubble. Moreover, as it can be evinced by the table below created by Goldman Sachs itself, bear market seems to be still in hibernation.</p><p><blockquote><b>既看不到泡沫,也看不到熊市:</b>高盛表示,复苏商业周期的初始阶段也表明,即将出现泡沫的风险及其相关的系统性风险相对较低。投资公司举了个例子<b>亚马逊公司。</b>和<b>苹果公司。</b>与2000年不同的是,这些股票不应被视为泡沫区域,因为它们各自的基本面证明了如此高的价格是合理的。高盛《泡沫指南》提出的冗长而详细的分析最终的结论是,市场出现了自满情绪和高度乐观的迹象,但推动它的关键因素以及经济复苏的周期刚刚开始,似乎暗示我们离泡沫破裂还很远。此外,从高盛自己创建的下表可以看出,熊市似乎仍处于冬眠状态。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/082fcbe3c0c000ea7aa6a5e22064dfc0\" tg-width=\"1002\" tg-height=\"258\"><span>Bubble characteristics and related risks</span></p><p><blockquote><p class=\"t-img-caption\"><span>泡沫特征及相关风险</span></p></blockquote></p><p> <b>Absence Of Any Significant Leverage</b>: Although Goldman admits the presence of pockets of overvaluations on the stock market, with some parts of it making adjustments consistent with the evolution of interest rates, there are no recurring features of bubbles, not even partial ones. Goldman particularly emphasizes the absence of any significant leverage - the only exception being the public sector, for it judges that the financial system stability risks are relatively low.</p><p><blockquote><b>不存在任何重大杠杆</b>:尽管高盛承认股市存在估值过高的地方,其中某些部分会根据利率的演变进行调整,但泡沫并没有反复出现的特征,甚至是部分泡沫也没有。高盛特别强调不存在任何重大杠杆——唯一的例外是公共部门,因为它判断金融体系稳定风险相对较低。</blockquote></p><p> <b>High Prices May Be Justified:</b>Goldman's paper quotes Charles Mackay, who observed - already in 1841 - how human beings often \"think\" like a flock, but then do not necessarily behave as such when they finally menage to slowly grasp the meaning of things. Concerning the recent alarm triggered, by the Chinese regulator Guo Shuging, about bubbles swelling in the US and Europe, the analysis states that excessive prices of a single stock or applied to a limited part of the market do not necessarily indicate a systemic risk. Besides, not every swift price rise is related to a bubble, since it sometimes only signals a strong, genuine increase in value, justified by fundamentals.</p><p><blockquote><b>高价可能是合理的:</b>戈德曼的论文引用了查尔斯·麦凯的话,他早在1841年就观察到,人类经常像一群人一样“思考”,但当他们最终设法慢慢理解事物的意义时,就不一定表现得像一群人。关于中国监管机构郭树清最近引发的关于美国和欧洲泡沫膨胀的警报,分析指出,单一股票或应用于市场有限部分的过高价格并不一定表明存在系统性风险。此外,并非每一次价格快速上涨都与泡沫有关,因为它有时只是表明价值强劲、真正的上涨,并有基本面的合理性。</blockquote></p><p> <b>Psychological Contagion:</b> Psychology is a chief factor, as Robert Shiller pointed out in his book \"Irrational Exuberance\", published in 2000 and inspired by a famous quote from the then-Fed Chairman Alan Greenspan, who defined a bubble as the situation in which the news of rising prices provokes a contagion effect that spreads among investors, triggering a mechanism of envy for the success of others.</p><p><blockquote><b>心理传染:</b>正如罗伯特·席勒(Robert Shiller)在其2000年出版的《非理性繁荣》(Irrational Exuberance)一书中指出的那样,心理学是一个主要因素,该书的灵感来自时任美联储主席艾伦·格林斯潘(Alan Greenspan)的一句名言,格林斯潘将泡沫定义为价格上涨的消息引发传染效应,在投资者中传播,引发嫉妒他人成功的机制。</blockquote></p><p> <b>A Handful Of Recurring Ingredients:</b> This sort of contagion has occurred several times over the centuries in human history - from the Dutch tulips of the 1600s to the bubbles of the South Seas and the Mississippi in Great Britain and France in the 1700s, not to mention the more recent Internet and subprime mortgage bubble, and passing through the \"railway\" bubble of last century in the United States. According to Goldman, the ultimate ingredients are few and never change: prices unanchored from reality, a justifying attitude, market concentration, widespread speculation, excess of leverage, the narration of being on the threshold of a new era and an end-of-cycle economic boom, all seasoned with scandals and behavior irregularities.</p><p><blockquote><b>一些反复出现的成分:</b>在人类历史上的几个世纪里,这种传染已经发生过几次——从17世纪的荷兰郁金香到18世纪英国和法国的南海和密西西比河泡沫,更不用说最近的互联网和次贷泡沫,以及上个世纪美国的“铁路”泡沫。高盛认为,最终的因素很少,而且永远不会改变:脱离现实的价格、自以为是的态度、市场集中度、广泛的投机、过度杠杆、即将进入新时代和经济周期结束的叙述繁荣,所有这些都充满了丑闻和违规行为。</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 Amazon And Apple Are Proof US Equities Aren't In A Bubble<blockquote>为什么亚马逊和苹果证明美国股市并未陷入泡沫</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 Amazon And Apple Are Proof US Equities Aren't In A Bubble<blockquote>为什么亚马逊和苹果证明美国股市并未陷入泡沫</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-03-23 22:08</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/e2c2061bf3e550d9b1fce50ea579fc04\" tg-width=\"685\" tg-height=\"375\"></p><p><blockquote></blockquote></p><p> <i>According to the investment banking giant, the current stock market valuations are substantially correct.</i></p><p><blockquote><i>投行巨头表示,目前股市估值基本正确。</i></blockquote></p><p> With many stock markets reaching new highs, record issuances and a large number of deals in a row, fears that the markets may develop financial bubbles are also mounting. To help investors understand and avoid risks, Goldman Sachs has published a Global Strategy Paper which examines their characteristics and dangers, drawing the conclusion that current markets only present a few of the recurring features associated with bubbles. For example, there is no doubt that exceptionally-low interest rates can induce excessive risk-taking, but private sector finances are robust, thus reducing the chances of systemic risk in the absence of significant financial leverage, with the exception of government debts.</p><p><blockquote>随着许多股市连续创下新高、创纪录的发行量和大量交易,人们对市场可能出现金融泡沫的担忧也在加剧。为了帮助投资者了解和规避风险,高盛发表了一份全球策略文件,研究了风险的特征和危险,得出的结论是,当前市场仅呈现出一些与泡沫相关的反复出现的特征。例如,毫无疑问,极低的利率会导致过度冒险,但私营部门财务稳健,因此在没有重大金融杠杆(政府债务除外)的情况下降低了系统性风险的机会。</blockquote></p><p> <b>Neither Bubbles Nor Bear Market In Sight:</b> According to Goldman Sachs, the initial phase of a recovery business cycle also suggests that the risk of impending bubbles, with their associated systemic risk, is relatively low. The investment company brings the example of <b>Amazon.com Inc.</b> and <b>Apple Inc.</b> stocks which, unlike in 2000, are not to be considered in bubble territory, since their respective fundamentals justify such high prices. The final verdict of the long and detailed analysis proposed by Goldman Sachs' \"guide to bubbles\" is that there are signs of complacency and high optimism in the market, but the key factors driving it and the cycle of economic recovery being just at the beginning seem to suggest that we are far from the explosion of a bubble. Moreover, as it can be evinced by the table below created by Goldman Sachs itself, bear market seems to be still in hibernation.</p><p><blockquote><b>既看不到泡沫,也看不到熊市:</b>高盛表示,复苏商业周期的初始阶段也表明,即将出现泡沫的风险及其相关的系统性风险相对较低。投资公司举了个例子<b>亚马逊公司。</b>和<b>苹果公司。</b>与2000年不同的是,这些股票不应被视为泡沫区域,因为它们各自的基本面证明了如此高的价格是合理的。高盛《泡沫指南》提出的冗长而详细的分析最终的结论是,市场出现了自满情绪和高度乐观的迹象,但推动它的关键因素以及经济复苏的周期刚刚开始,似乎暗示我们离泡沫破裂还很远。此外,从高盛自己创建的下表可以看出,熊市似乎仍处于冬眠状态。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/082fcbe3c0c000ea7aa6a5e22064dfc0\" tg-width=\"1002\" tg-height=\"258\"><span>Bubble characteristics and related risks</span></p><p><blockquote><p class=\"t-img-caption\"><span>泡沫特征及相关风险</span></p></blockquote></p><p> <b>Absence Of Any Significant Leverage</b>: Although Goldman admits the presence of pockets of overvaluations on the stock market, with some parts of it making adjustments consistent with the evolution of interest rates, there are no recurring features of bubbles, not even partial ones. Goldman particularly emphasizes the absence of any significant leverage - the only exception being the public sector, for it judges that the financial system stability risks are relatively low.</p><p><blockquote><b>不存在任何重大杠杆</b>:尽管高盛承认股市存在估值过高的地方,其中某些部分会根据利率的演变进行调整,但泡沫并没有反复出现的特征,甚至是部分泡沫也没有。高盛特别强调不存在任何重大杠杆——唯一的例外是公共部门,因为它判断金融体系稳定风险相对较低。</blockquote></p><p> <b>High Prices May Be Justified:</b>Goldman's paper quotes Charles Mackay, who observed - already in 1841 - how human beings often \"think\" like a flock, but then do not necessarily behave as such when they finally menage to slowly grasp the meaning of things. Concerning the recent alarm triggered, by the Chinese regulator Guo Shuging, about bubbles swelling in the US and Europe, the analysis states that excessive prices of a single stock or applied to a limited part of the market do not necessarily indicate a systemic risk. Besides, not every swift price rise is related to a bubble, since it sometimes only signals a strong, genuine increase in value, justified by fundamentals.</p><p><blockquote><b>高价可能是合理的:</b>戈德曼的论文引用了查尔斯·麦凯的话,他早在1841年就观察到,人类经常像一群人一样“思考”,但当他们最终设法慢慢理解事物的意义时,就不一定表现得像一群人。关于中国监管机构郭树清最近引发的关于美国和欧洲泡沫膨胀的警报,分析指出,单一股票或应用于市场有限部分的过高价格并不一定表明存在系统性风险。此外,并非每一次价格快速上涨都与泡沫有关,因为它有时只是表明价值强劲、真正的上涨,并有基本面的合理性。</blockquote></p><p> <b>Psychological Contagion:</b> Psychology is a chief factor, as Robert Shiller pointed out in his book \"Irrational Exuberance\", published in 2000 and inspired by a famous quote from the then-Fed Chairman Alan Greenspan, who defined a bubble as the situation in which the news of rising prices provokes a contagion effect that spreads among investors, triggering a mechanism of envy for the success of others.</p><p><blockquote><b>心理传染:</b>正如罗伯特·席勒(Robert Shiller)在其2000年出版的《非理性繁荣》(Irrational Exuberance)一书中指出的那样,心理学是一个主要因素,该书的灵感来自时任美联储主席艾伦·格林斯潘(Alan Greenspan)的一句名言,格林斯潘将泡沫定义为价格上涨的消息引发传染效应,在投资者中传播,引发嫉妒他人成功的机制。</blockquote></p><p> <b>A Handful Of Recurring Ingredients:</b> This sort of contagion has occurred several times over the centuries in human history - from the Dutch tulips of the 1600s to the bubbles of the South Seas and the Mississippi in Great Britain and France in the 1700s, not to mention the more recent Internet and subprime mortgage bubble, and passing through the \"railway\" bubble of last century in the United States. According to Goldman, the ultimate ingredients are few and never change: prices unanchored from reality, a justifying attitude, market concentration, widespread speculation, excess of leverage, the narration of being on the threshold of a new era and an end-of-cycle economic boom, all seasoned with scandals and behavior irregularities.</p><p><blockquote><b>一些反复出现的成分:</b>在人类历史上的几个世纪里,这种传染已经发生过几次——从17世纪的荷兰郁金香到18世纪英国和法国的南海和密西西比河泡沫,更不用说最近的互联网和次贷泡沫,以及上个世纪美国的“铁路”泡沫。高盛认为,最终的因素很少,而且永远不会改变:脱离现实的价格、自以为是的态度、市场集中度、广泛的投机、过度杠杆、即将进入新时代和经济周期结束的叙述繁荣,所有这些都充满了丑闻和违规行为。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊",".DJI":"道琼斯","AAPL":"苹果",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122990114","content_text":"According to the investment banking giant, the current stock market valuations are substantially correct.\nWith many stock markets reaching new highs, record issuances and a large number of deals in a row, fears that the markets may develop financial bubbles are also mounting. To help investors understand and avoid risks, Goldman Sachs has published a Global Strategy Paper which examines their characteristics and dangers, drawing the conclusion that current markets only present a few of the recurring features associated with bubbles. For example, there is no doubt that exceptionally-low interest rates can induce excessive risk-taking, but private sector finances are robust, thus reducing the chances of systemic risk in the absence of significant financial leverage, with the exception of government debts.\nNeither Bubbles Nor Bear Market In Sight: According to Goldman Sachs, the initial phase of a recovery business cycle also suggests that the risk of impending bubbles, with their associated systemic risk, is relatively low. The investment company brings the example of Amazon.com Inc. and Apple Inc. stocks which, unlike in 2000, are not to be considered in bubble territory, since their respective fundamentals justify such high prices. The final verdict of the long and detailed analysis proposed by Goldman Sachs' \"guide to bubbles\" is that there are signs of complacency and high optimism in the market, but the key factors driving it and the cycle of economic recovery being just at the beginning seem to suggest that we are far from the explosion of a bubble. Moreover, as it can be evinced by the table below created by Goldman Sachs itself, bear market seems to be still in hibernation.\nBubble characteristics and related risks\nAbsence Of Any Significant Leverage: Although Goldman admits the presence of pockets of overvaluations on the stock market, with some parts of it making adjustments consistent with the evolution of interest rates, there are no recurring features of bubbles, not even partial ones. Goldman particularly emphasizes the absence of any significant leverage - the only exception being the public sector, for it judges that the financial system stability risks are relatively low.\nHigh Prices May Be Justified:Goldman's paper quotes Charles Mackay, who observed - already in 1841 - how human beings often \"think\" like a flock, but then do not necessarily behave as such when they finally menage to slowly grasp the meaning of things. Concerning the recent alarm triggered, by the Chinese regulator Guo Shuging, about bubbles swelling in the US and Europe, the analysis states that excessive prices of a single stock or applied to a limited part of the market do not necessarily indicate a systemic risk. Besides, not every swift price rise is related to a bubble, since it sometimes only signals a strong, genuine increase in value, justified by fundamentals.\nPsychological Contagion: Psychology is a chief factor, as Robert Shiller pointed out in his book \"Irrational Exuberance\", published in 2000 and inspired by a famous quote from the then-Fed Chairman Alan Greenspan, who defined a bubble as the situation in which the news of rising prices provokes a contagion effect that spreads among investors, triggering a mechanism of envy for the success of others.\nA Handful Of Recurring Ingredients: This sort of contagion has occurred several times over the centuries in human history - from the Dutch tulips of the 1600s to the bubbles of the South Seas and the Mississippi in Great Britain and France in the 1700s, not to mention the more recent Internet and subprime mortgage bubble, and passing through the \"railway\" bubble of last century in the United States. According to Goldman, the ultimate ingredients are few and never change: prices unanchored from reality, a justifying attitude, market concentration, widespread speculation, excess of leverage, the narration of being on the threshold of a new era and an end-of-cycle economic boom, all seasoned with scandals and behavior irregularities.","news_type":1,"symbols_score_info":{"AMZN":0.9,".DJI":0.9,".SPX":0.9,".IXIC":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":711,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359491582,"gmtCreate":1616418377946,"gmtModify":1634525951535,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/359491582","repostId":"1108931651","repostType":4,"repost":{"id":"1108931651","kind":"news","pubTimestamp":1616555765,"share":"https://www.laohu8.com/m/news/1108931651?lang=zh_CN&edition=full","pubTime":"2021-03-24 11:16","market":"us","language":"en","title":"These Stocks Are More of a Gamble Than an Investment — and the #1 Is a Reddit Favorite<blockquote>这些股票与其说是投资,不如说是一场赌博——排名第一的股票是Reddit的最爱</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108931651","media":"Barrons","summary":"As with seemingly everything in markets these days, it all ties back to the Reddit Wall Street Bets message board.No, we’re not talking aboutGameStop. Rather, Castor Maritime . The dry-bulk commodities transportation firm was trading around 20 cents earlier this year until it was swept up in momentum as users of the message board recommended the company, sending shares as high as $1.95.The stock was identified as a potential gamble using methodology from recently published research paper—from Al","content":"<p>As with seemingly everything in markets these days, it all ties back to the Reddit Wall Street Bets message board.</p><p><blockquote>就像当今市场上的一切一样,这一切都与Reddit华尔街投注留言板有关。</blockquote></p><p>No, we’re not talking aboutGameStop(ticker: GME). Rather, Castor Maritime (CTRM). The dry-bulk commodities transportation firm was trading around 20 cents earlier this year until it was swept up in momentum as users of the message board recommended the company, sending shares as high as $1.95.</p><p><blockquote>不,我们不是在谈论GameStop(股票代码:GME)。相反,Castor Maritime(CTRM)。今年早些时候,这家干散货商品运输公司的交易价格约为20美分,直到留言板用户推荐该公司,该公司的股价飙升至1.95美元。</blockquote></p><p>The stock was identified as a potential gamble using methodology from recently published research paper—from Alok Kumar of the University of Miami, Houng Nguyen of the University of Danang, and Talis Putnins at the University of Technology Sydney and Stockholm School of Economics. The group proposed looking at the average volume over 30 days compared to market cap as a way of determining what they called lottery stocks. “We assume that gambling in stock markets involves disproportionate amount of trading in lottery-like stocks,” they said.</p><p><blockquote>迈阿密大学的Alok Kumar、岘港大学的Houng Nguyen以及悉尼科技大学和斯德哥尔摩经济学院的Talis Putnins最近发表的研究论文中的方法将该股确定为潜在的赌博。该小组建议将30天内的平均交易量与市值进行比较,以此来确定他们所谓的彩票股票。“我们假设股市中的赌博涉及不成比例的类似彩票的股票交易量,”他们说。</blockquote></p><p>Castor topped the research group’s list of New York Stock Exchange- and Nasdaq-listed companies that were potential “lottery stocks.”<i>Barron’s</i>added to a filter to the list to look at companies with market caps of at least $500 million andpublished the listin January.</p><p><blockquote>Castor在该研究小组的纽约证券交易所和纳斯达克上市公司名单中名列前茅,这些公司是潜在的“彩票股票”。<i>巴伦周刊</i>在列表中添加了一个过滤器,以查看市值至少为5亿美元的公司,并于1月份发布了该列表。</blockquote></p><p>We ran our version of that screen again this month. Castor Maritime topped our list this time.</p><p><blockquote>这个月我们再次运行了我们版本的屏幕。Castor Maritime这次位居我们的榜首。</blockquote></p><p>Sundial Growers(SNDL), the cannabis stock, andGenius Brands International(GNUS), the children’s media company, appear high on the list too. The top NYSE-listed stock wasAMC Entertainment(AMC), the movie chain operator that, with GameStop, became a poster-child for theso-called meme stock revolution.</p><p><blockquote>大麻股票Sundial Growers(SNDL)和儿童媒体公司Genius Brands International(GNUS)也名列前茅。纽约证券交易所上市的顶级股票是电影连锁运营商AMC Entertainment(AMC),该公司与游戏驿站一起成为所谓模因股票革命的典型代表。</blockquote></p><p>And what about GameStop itself? It’s not in the top 20, but the methodology does put the video-games retailer high: Out of more than 3,000 stocks, GameStop ranks 128th as a lottery stock.</p><p><blockquote>游戏驿站本身呢?它没有进入前20名,但这种方法确实让这家视频游戏零售商名列前茅:在3,000多只股票中,游戏驿站作为彩票股票排名第128位。</blockquote></p><p>The stock scoring lowest in the lottery stock rankings was Google owner Alphabet(GOOGL).</p><p><blockquote>彩票股票排名中得分最低的股票是谷歌所有者Alphabet(GOOGL)。</blockquote></p><p><table><tbody><tr><td>Ranking</td><td>Company</td></tr><tr><td>1.</td><td>Castor Maritime</td></tr><tr><td>2.</td><td>Sundial Growers</td></tr><tr><td>3.</td><td>Genius Brands International</td></tr><tr><td>4.</td><td>TherapeuticsMD</td></tr><tr><td>5.</td><td>Ideanomics</td></tr><tr><td>6.</td><td>AMC Entertainment</td></tr><tr><td>7.</td><td>Ocugen</td></tr><tr><td>8.</td><td>Ebang International Holdings</td></tr><tr><td>9.</td><td>ElectraMeccanica Vehicles</td></tr><tr><td>10.</td><td>Workhorse Group</td></tr><tr><td>11.</td><td>Jiayin Group</td></tr><tr><td>12.</td><td>Invesco Mortgage Capital</td></tr><tr><td>13.</td><td>ChromaDex</td></tr><tr><td>14.</td><td>Transocean</td></tr><tr><td>15.</td><td>Gevo</td></tr><tr><td>16.</td><td>Bionano Genomics</td></tr><tr><td>17.</td><td>Clovis Oncology</td></tr><tr><td>18.</td><td>Nano Dimension</td></tr><tr><td>19.</td><td>W&T Offshore</td></tr><tr><td>20.</td><td>Tellurian</td></tr><tr><td>Source: FactSet</td></tr></tbody></table></p><p><blockquote><table><tbody><tr><td>排名</td><td>公司</td></tr><tr><td>1.</td><td>海狸</td></tr><tr><td>2.</td><td>日晷种植者</td></tr><tr><td>3.</td><td>天才品牌国际</td></tr><tr><td>4.</td><td>治疗学</td></tr><tr><td>5.</td><td>观念经济学</td></tr><tr><td>6.</td><td>AMC院线</td></tr><tr><td>7.</td><td>奥库根</td></tr><tr><td>8.</td><td>亿邦国际控股</td></tr><tr><td>9.</td><td>ElectraMeccanica车辆</td></tr><tr><td>10.</td><td>主力集团</td></tr><tr><td>11.</td><td>嘉银集团</td></tr><tr><td>12.</td><td>景顺抵押贷款资本</td></tr><tr><td>13.</td><td>ChromaDex</td></tr><tr><td>14.</td><td>越洋</td></tr><tr><td>15.</td><td>盖沃</td></tr><tr><td>16.</td><td>生物纳米基因组学</td></tr><tr><td>17.</td><td>克洛维斯肿瘤学</td></tr><tr><td>18.</td><td>纳米尺寸</td></tr><tr><td>19.</td><td>W&T离岸</td></tr><tr><td>20.</td><td>地球</td></tr><tr><td>来源:FactSet</td></tr></tbody></table></blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nThese Stocks Are More of a Gamble Than an Investment — and the #1 Is a Reddit Favorite<blockquote>这些股票与其说是投资,不如说是一场赌博——排名第一的股票是Reddit的最爱</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-03-24 11:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p>As with seemingly everything in markets these days, it all ties back to the Reddit Wall Street Bets message board.</p><p><blockquote>就像当今市场上的一切一样,这一切都与Reddit华尔街投注留言板有关。</blockquote></p><p>No, we’re not talking aboutGameStop(ticker: GME). Rather, Castor Maritime (CTRM). The dry-bulk commodities transportation firm was trading around 20 cents earlier this year until it was swept up in momentum as users of the message board recommended the company, sending shares as high as $1.95.</p><p><blockquote>不,我们不是在谈论GameStop(股票代码:GME)。相反,Castor Maritime(CTRM)。今年早些时候,这家干散货商品运输公司的交易价格约为20美分,直到留言板用户推荐该公司,该公司的股价飙升至1.95美元。</blockquote></p><p>The stock was identified as a potential gamble using methodology from recently published research paper—from Alok Kumar of the University of Miami, Houng Nguyen of the University of Danang, and Talis Putnins at the University of Technology Sydney and Stockholm School of Economics. The group proposed looking at the average volume over 30 days compared to market cap as a way of determining what they called lottery stocks. “We assume that gambling in stock markets involves disproportionate amount of trading in lottery-like stocks,” they said.</p><p><blockquote>迈阿密大学的Alok Kumar、岘港大学的Houng Nguyen以及悉尼科技大学和斯德哥尔摩经济学院的Talis Putnins最近发表的研究论文中的方法将该股确定为潜在的赌博。该小组建议将30天内的平均交易量与市值进行比较,以此来确定他们所谓的彩票股票。“我们假设股市中的赌博涉及不成比例的类似彩票的股票交易量,”他们说。</blockquote></p><p>Castor topped the research group’s list of New York Stock Exchange- and Nasdaq-listed companies that were potential “lottery stocks.”<i>Barron’s</i>added to a filter to the list to look at companies with market caps of at least $500 million andpublished the listin January.</p><p><blockquote>Castor在该研究小组的纽约证券交易所和纳斯达克上市公司名单中名列前茅,这些公司是潜在的“彩票股票”。<i>巴伦周刊</i>在列表中添加了一个过滤器,以查看市值至少为5亿美元的公司,并于1月份发布了该列表。</blockquote></p><p>We ran our version of that screen again this month. Castor Maritime topped our list this time.</p><p><blockquote>这个月我们再次运行了我们版本的屏幕。Castor Maritime这次位居我们的榜首。</blockquote></p><p>Sundial Growers(SNDL), the cannabis stock, andGenius Brands International(GNUS), the children’s media company, appear high on the list too. The top NYSE-listed stock wasAMC Entertainment(AMC), the movie chain operator that, with GameStop, became a poster-child for theso-called meme stock revolution.</p><p><blockquote>大麻股票Sundial Growers(SNDL)和儿童媒体公司Genius Brands International(GNUS)也名列前茅。纽约证券交易所上市的顶级股票是电影连锁运营商AMC Entertainment(AMC),该公司与游戏驿站一起成为所谓模因股票革命的典型代表。</blockquote></p><p>And what about GameStop itself? It’s not in the top 20, but the methodology does put the video-games retailer high: Out of more than 3,000 stocks, GameStop ranks 128th as a lottery stock.</p><p><blockquote>游戏驿站本身呢?它没有进入前20名,但这种方法确实让这家视频游戏零售商名列前茅:在3,000多只股票中,游戏驿站作为彩票股票排名第128位。</blockquote></p><p>The stock scoring lowest in the lottery stock rankings was Google owner Alphabet(GOOGL).</p><p><blockquote>彩票股票排名中得分最低的股票是谷歌所有者Alphabet(GOOGL)。</blockquote></p><p><table><tbody><tr><td>Ranking</td><td>Company</td></tr><tr><td>1.</td><td>Castor Maritime</td></tr><tr><td>2.</td><td>Sundial Growers</td></tr><tr><td>3.</td><td>Genius Brands International</td></tr><tr><td>4.</td><td>TherapeuticsMD</td></tr><tr><td>5.</td><td>Ideanomics</td></tr><tr><td>6.</td><td>AMC Entertainment</td></tr><tr><td>7.</td><td>Ocugen</td></tr><tr><td>8.</td><td>Ebang International Holdings</td></tr><tr><td>9.</td><td>ElectraMeccanica Vehicles</td></tr><tr><td>10.</td><td>Workhorse Group</td></tr><tr><td>11.</td><td>Jiayin Group</td></tr><tr><td>12.</td><td>Invesco Mortgage Capital</td></tr><tr><td>13.</td><td>ChromaDex</td></tr><tr><td>14.</td><td>Transocean</td></tr><tr><td>15.</td><td>Gevo</td></tr><tr><td>16.</td><td>Bionano Genomics</td></tr><tr><td>17.</td><td>Clovis Oncology</td></tr><tr><td>18.</td><td>Nano Dimension</td></tr><tr><td>19.</td><td>W&T Offshore</td></tr><tr><td>20.</td><td>Tellurian</td></tr><tr><td>Source: FactSet</td></tr></tbody></table></p><p><blockquote><table><tbody><tr><td>排名</td><td>公司</td></tr><tr><td>1.</td><td>海狸</td></tr><tr><td>2.</td><td>日晷种植者</td></tr><tr><td>3.</td><td>天才品牌国际</td></tr><tr><td>4.</td><td>治疗学</td></tr><tr><td>5.</td><td>观念经济学</td></tr><tr><td>6.</td><td>AMC院线</td></tr><tr><td>7.</td><td>奥库根</td></tr><tr><td>8.</td><td>亿邦国际控股</td></tr><tr><td>9.</td><td>ElectraMeccanica车辆</td></tr><tr><td>10.</td><td>主力集团</td></tr><tr><td>11.</td><td>嘉银集团</td></tr><tr><td>12.</td><td>景顺抵押贷款资本</td></tr><tr><td>13.</td><td>ChromaDex</td></tr><tr><td>14.</td><td>越洋</td></tr><tr><td>15.</td><td>盖沃</td></tr><tr><td>16.</td><td>生物纳米基因组学</td></tr><tr><td>17.</td><td>克洛维斯肿瘤学</td></tr><tr><td>18.</td><td>纳米尺寸</td></tr><tr><td>19.</td><td>W&T离岸</td></tr><tr><td>20.</td><td>地球</td></tr><tr><td>来源:FactSet</td></tr></tbody></table></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/these-stocks-are-more-of-a-gamble-than-an-investment-and-the-1-is-a-reddit-favorite-51616401800?mod=hp_LEADSUPP_2\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc.","GEVO":"Gevo Inc.","TXMD":"TherapeuticsMD Inc.","RIG":"Transocean Ltd.","JFIN":"嘉银科技","SOLO":"Electrameccanica Vehicles Corp.","AMC":"AMC院线","WTI":"W&T海底钻探","TELL":"Tellurian Inc.","BNGO":"Bionano Genomics","CLVS":"Clovis Oncology","CTRM":"Castor Maritime, Inc.","EBON":"亿邦国际","NNDM":"Nano Dimension Ltd.","IVR":"景顺抵押资本"},"source_url":"https://www.barrons.com/articles/these-stocks-are-more-of-a-gamble-than-an-investment-and-the-1-is-a-reddit-favorite-51616401800?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108931651","content_text":"As with seemingly everything in markets these days, it all ties back to the Reddit Wall Street Bets message board.No, we’re not talking aboutGameStop(ticker: GME). Rather, Castor Maritime (CTRM). The dry-bulk commodities transportation firm was trading around 20 cents earlier this year until it was swept up in momentum as users of the message board recommended the company, sending shares as high as $1.95.The stock was identified as a potential gamble using methodology from recently published research paper—from Alok Kumar of the University of Miami, Houng Nguyen of the University of Danang, and Talis Putnins at the University of Technology Sydney and Stockholm School of Economics. The group proposed looking at the average volume over 30 days compared to market cap as a way of determining what they called lottery stocks. “We assume that gambling in stock markets involves disproportionate amount of trading in lottery-like stocks,” they said.Castor topped the research group’s list of New York Stock Exchange- and Nasdaq-listed companies that were potential “lottery stocks.”Barron’sadded to a filter to the list to look at companies with market caps of at least $500 million andpublished the listin January.We ran our version of that screen again this month. Castor Maritime topped our list this time.Sundial Growers(SNDL), the cannabis stock, andGenius Brands International(GNUS), the children’s media company, appear high on the list too. The top NYSE-listed stock wasAMC Entertainment(AMC), the movie chain operator that, with GameStop, became a poster-child for theso-called meme stock revolution.And what about GameStop itself? It’s not in the top 20, but the methodology does put the video-games retailer high: Out of more than 3,000 stocks, GameStop ranks 128th as a lottery stock.The stock scoring lowest in the lottery stock rankings was Google owner Alphabet(GOOGL).RankingCompany1.Castor Maritime2.Sundial Growers3.Genius Brands International4.TherapeuticsMD5.Ideanomics6.AMC Entertainment7.Ocugen8.Ebang International Holdings9.ElectraMeccanica Vehicles10.Workhorse Group11.Jiayin Group12.Invesco Mortgage Capital13.ChromaDex14.Transocean15.Gevo16.Bionano Genomics17.Clovis Oncology18.Nano Dimension19.W&T Offshore20.TellurianSource: FactSet","news_type":1,"symbols_score_info":{"TXMD":0.9,"IVR":0.9,"BNGO":0.9,"RIG":0.9,"CDXC":0.9,"EBON":0.9,"GNUS":0.9,"JFIN":0.9,"NNDM":0.9,"SNDL":0.9,"AMC":0.9,"0A4F.UK":0.9,"CLVS":0.9,"SOLO":0.9,"CTRM":0.9,"WTI":0.9,"GEVO":0.9,"TELL":0.9}},"isVote":1,"tweetType":1,"viewCount":561,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350889054,"gmtCreate":1616178032778,"gmtModify":1634526845664,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/350889054","repostId":"1106180509","repostType":4,"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350880656,"gmtCreate":1616177978975,"gmtModify":1634526845911,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/350880656","repostId":"1117450855","repostType":4,"repost":{"id":"1117450855","kind":"news","pubTimestamp":1616166767,"share":"https://www.laohu8.com/m/news/1117450855?lang=zh_CN&edition=full","pubTime":"2021-03-19 23:12","market":"us","language":"en","title":"Powell says Fed will keep supporting economy ‘for as long as it takes’<blockquote>鲍威尔表示美联储将“只要需要”继续支持经济</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117450855","media":"marketwatch","summary":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration o","content":"<p> <b>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.</b> Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”</p><p><blockquote><b>美联储主席在《华尔街日报》专栏中表示,前景一片光明,但复苏“远未完成”。</b>美联储主席鲍威尔周五表示,虽然美国经济前景“一片光明”,但复苏“远未完成”。</blockquote></p><p> In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.</p><p><blockquote>在《华尔街日报》发表的一篇专栏文章中,鲍威尔讲述了去年2月他意识到冠状病毒大流行将席卷全国的那一刻。</blockquote></p><p> “The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.</p><p><blockquote>“美国经济面临的危险是严重的。面临的挑战是限制后果的严重程度和持续时间,以避免长期损害,”他说。</blockquote></p><p> Powell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.</p><p><blockquote>鲍威尔和他的同事根据从2008-2009年大衰退的缓慢复苏中吸取的教训,设计了对危机的快速反应,即迅速采取行动可能会更好。</blockquote></p><p> The central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.</p><p><blockquote>央行迅速将政策利率下调至零,并启动了被称为量化宽松的开放式资产购买计划。</blockquote></p><p> With economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.</p><p><blockquote>随着经济学家预测2021年将出现强劲增长,每天都有更多的美国人接种疫苗,金融市场想知道美联储的支持将持续多久。</blockquote></p><p> In the op-ed, Powell said the situation “is much improved.”</p><p><blockquote>鲍威尔在专栏中表示,情况“有了很大改善”。</blockquote></p><p> “But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.</p><p><blockquote>鲍威尔表示:“但复苏远未完成,因此美联储将继续为经济提供所需的支持,只要经济需要。”</blockquote></p><p> “I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.</p><p><blockquote>他说:“我真的相信,我们将从这场危机中变得更强大、更好,就像我们以前经常做的那样。”</blockquote></p><p> On Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.</p><p><blockquote>周三,美联储在最近的政策会议上再次承诺了宽松的货币政策立场,尽管预计今年经济增长将更加强劲,通胀将上升。</blockquote></p><p> The Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.</p><p><blockquote>美联储主席在周五的文章中没有提及通胀前景。华尔街许多人担心,在美联储收回宽松政策立场之前,经济会过热。</blockquote></p><p> Yields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.</p><p><blockquote>10年期国债TMUBMUSD10Y, 1.734%的收益率在年初低于1%后,本周已升至1.73%。</blockquote></p><p> Stocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.</p><p><blockquote>周五股市走低,道琼斯工业平均指数DJIA在早盘交易中下跌187点,-0.71%。</blockquote></p><p></p>","source":"market_watch","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>Powell says Fed will keep supporting economy ‘for as long as it takes’<blockquote>鲍威尔表示美联储将“只要需要”继续支持经济</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell says Fed will keep supporting economy ‘for as long as it takes’<blockquote>鲍威尔表示美联储将“只要需要”继续支持经济</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-03-19 23:12</span>\n</p>\n</h4>\n</header>\n<article>\n<p> <b>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.</b> Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”</p><p><blockquote><b>美联储主席在《华尔街日报》专栏中表示,前景一片光明,但复苏“远未完成”。</b>美联储主席鲍威尔周五表示,虽然美国经济前景“一片光明”,但复苏“远未完成”。</blockquote></p><p> In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.</p><p><blockquote>在《华尔街日报》发表的一篇专栏文章中,鲍威尔讲述了去年2月他意识到冠状病毒大流行将席卷全国的那一刻。</blockquote></p><p> “The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.</p><p><blockquote>“美国经济面临的危险是严重的。面临的挑战是限制后果的严重程度和持续时间,以避免长期损害,”他说。</blockquote></p><p> Powell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.</p><p><blockquote>鲍威尔和他的同事根据从2008-2009年大衰退的缓慢复苏中吸取的教训,设计了对危机的快速反应,即迅速采取行动可能会更好。</blockquote></p><p> The central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.</p><p><blockquote>央行迅速将政策利率下调至零,并启动了被称为量化宽松的开放式资产购买计划。</blockquote></p><p> With economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.</p><p><blockquote>随着经济学家预测2021年将出现强劲增长,每天都有更多的美国人接种疫苗,金融市场想知道美联储的支持将持续多久。</blockquote></p><p> In the op-ed, Powell said the situation “is much improved.”</p><p><blockquote>鲍威尔在专栏中表示,情况“有了很大改善”。</blockquote></p><p> “But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.</p><p><blockquote>鲍威尔表示:“但复苏远未完成,因此美联储将继续为经济提供所需的支持,只要经济需要。”</blockquote></p><p> “I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.</p><p><blockquote>他说:“我真的相信,我们将从这场危机中变得更强大、更好,就像我们以前经常做的那样。”</blockquote></p><p> On Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.</p><p><blockquote>周三,美联储在最近的政策会议上再次承诺了宽松的货币政策立场,尽管预计今年经济增长将更加强劲,通胀将上升。</blockquote></p><p> The Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.</p><p><blockquote>美联储主席在周五的文章中没有提及通胀前景。华尔街许多人担心,在美联储收回宽松政策立场之前,经济会过热。</blockquote></p><p> Yields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.</p><p><blockquote>10年期国债TMUBMUSD10Y, 1.734%的收益率在年初低于1%后,本周已升至1.73%。</blockquote></p><p> Stocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.</p><p><blockquote>周五股市走低,道琼斯工业平均指数DJIA在早盘交易中下跌187点,-0.71%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page\">marketwatch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1117450855","content_text":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.\n\nFederal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”\nIn an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.\n“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.\nPowell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.\nThe central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.\nWith economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.\nIn the op-ed, Powell said the situation “is much improved.”\n“But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.\n“I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.\nOn Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.\nThe Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.\nYields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.\nStocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":672,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324806552,"gmtCreate":1615979529376,"gmtModify":1703495830132,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Come on","listText":"Come on","text":"Come on","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/324806552","repostId":"1184627788","repostType":4,"repost":{"id":"1184627788","kind":"news","pubTimestamp":1615977401,"share":"https://www.laohu8.com/m/news/1184627788?lang=zh_CN&edition=full","pubTime":"2021-03-17 18:36","market":"us","language":"en","title":"The Fed must chart a new course as the economy strengthens.<blockquote>随着经济走强,美联储必须制定新的路线。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184627788","media":"NewYork Times","summary":"The Federal Reserve is meeting as vaccines and a nearly $1.9 trillion recovery package raise expecta","content":"<p> The Federal Reserve is meeting as vaccines and a nearly $1.9 trillion recovery package raise expectations for growth, and analysts want to see how that changes policy forecasts. The Federal Reserve is staring down a challenge that would have been all but unthinkable a year ago: With its policies seton emergency modeto bolster growth in the face of the pandemic’s shock, it must now navigate an economy that is expected to strengthen rapidly in the coming months.</p><p><blockquote>美联储召开会议之际,疫苗和近1.9万亿美元的复苏计划提高了对增长的预期,分析师希望看到这将如何改变政策预测。美联储正在应对一个一年前几乎不可想象的挑战:面对疫情的冲击,美联储采取了紧急模式来提振经济增长,现在必须应对预计未来几个月将迅速走强的经济。</blockquote></p><p> Officials will release an interest rate policy decision and their first economic projections of 2021 at 2 p.m. on Wednesday, and they are virtually certain to leave borrowing costs unchanged at near zero.</p><p><blockquote>官员们将于下午2点发布利率政策决定和2021年的首次经济预测。周三,他们几乎肯定会将借贷成本保持在接近零的水平不变。</blockquote></p><p> But analysts and Wall Street investors alike are eager to see whether growing economic optimism will shake up the outlook for policy in the months and years ahead.</p><p><blockquote>但分析师和华尔街投资者都渴望看到日益增长的经济乐观情绪是否会动摇未来几个月和几年的政策前景。</blockquote></p><p> The Fedslashed interest rates to rock bottoma year ago as the pandemic shut down huge swaths of the economy. It has also been buying $120 billion in bonds per month, a policy meant to keep credit cheap and help the economy rebound from a virus that has thrown millions out of work.</p><p><blockquote>一年前,由于疫情导致大部分经济关闭,美联储将利率降至谷底。它还每月购买1200亿美元的债券,这一政策旨在保持信贷廉价并帮助经济从导致数百万人失业的病毒中反弹。</blockquote></p><p> Jerome H. Powell, the Fed chair, has been clear for months that officials expect to be patient in removing that policy help — a cautious tone that he is expected to maintain at a news conference on Wednesday.</p><p><blockquote>美联储主席杰罗姆·H·鲍威尔(Jerome H.Powell)几个月来一直明确表示,官员们希望在取消政策帮助方面保持耐心——预计他将在周三的新闻发布会上保持谨慎的语气。</blockquote></p><p> “This is one of the most critical Fed meetings we’ve had in a while,” said Michelle Meyer, head of U.S. economists at Bank of America Merrill Lynch. “Markets are really paying attention, and they’re going to dissect everything he says.”</p><p><blockquote>美银美林美国经济学家主管米歇尔·迈耶表示:“这是我们一段时间以来举行的最关键的美联储会议之一。”“市场确实在关注,他们将剖析他所说的一切。”</blockquote></p><p> That’s because theeconomic backdrop is shifting. Coronavirus vaccines are fueling hopes for reopening parts of the service sector. A freshly signed stimulus package will pump $1.9 trillion into the economy, with an eye on preventing evictions, funneling cash to parents and putting $1,400 checks directly into bank accounts.</p><p><blockquote>这是因为经济背景正在发生变化。冠状病毒疫苗燃起了重新开放部分服务业的希望。新签署的刺激计划将向经济注入1.9万亿美元,着眼于防止驱逐,向父母提供现金,并将1400美元的支票直接存入银行账户。</blockquote></p><p> Against that improving backdrop, economists in aBloomberg surveyexpect the Fed to increase rates twice in 2023, the news outlet reported. In December, they typically expected rates to remain on hold until 2024 or later.</p><p><blockquote>据新闻媒体报道,在这种改善的背景下,彭博社调查的经济学家预计美联储将在2023年加息两次。去年12月,他们通常预计利率将保持不变,直到2024年或更晚。</blockquote></p><p> As investors expect faster growth,higher inflationand a quicker-moving Fed, they have pushed up the yield on 10-year Treasury notes. That has weighed on stock indexes, which tend to fall when rates rise.</p><p><blockquote>由于投资者预期经济增长更快、通胀更高以及美联储行动更快,他们推高了10年期国债收益率。这给股指带来了压力,当利率上升时,股指往往会下跌。</blockquote></p><p> The Fed’s economic projections — which anonymously report officials’ forecasts for interest rates, unemployment, inflation and growth both through 2023 and in the longer run — could show a shift when they are released on Wednesday.</p><p><blockquote>美联储的经济预测——匿名报告了官员对2023年及更长期利率、失业、通胀和增长的预测——在周三发布时可能会出现转变。</blockquote></p><p> Wall Street will pay particular attention to the inflation forecast and the policy rate path. The Fed’s median interest rate forecast previously showed no rate increases over the next three years, but analysts expect that officials could now pencil in one move in 2023.</p><p><blockquote>华尔街将特别关注通胀预测和政策利率路径。美联储的利率预测中值此前显示未来三年不会加息,但分析师预计,官员们现在可能会在2023年采取一项举措。</blockquote></p><p></p>","source":"lsy1605590967916","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must chart a new course as the economy strengthens.<blockquote>随着经济走强,美联储必须制定新的路线。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must chart a new course as the economy strengthens.<blockquote>随着经济走强,美联储必须制定新的路线。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">NewYork Times</strong><span class=\"h-time small\">2021-03-17 18:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p> The Federal Reserve is meeting as vaccines and a nearly $1.9 trillion recovery package raise expectations for growth, and analysts want to see how that changes policy forecasts. The Federal Reserve is staring down a challenge that would have been all but unthinkable a year ago: With its policies seton emergency modeto bolster growth in the face of the pandemic’s shock, it must now navigate an economy that is expected to strengthen rapidly in the coming months.</p><p><blockquote>美联储召开会议之际,疫苗和近1.9万亿美元的复苏计划提高了对增长的预期,分析师希望看到这将如何改变政策预测。美联储正在应对一个一年前几乎不可想象的挑战:面对疫情的冲击,美联储采取了紧急模式来提振经济增长,现在必须应对预计未来几个月将迅速走强的经济。</blockquote></p><p> Officials will release an interest rate policy decision and their first economic projections of 2021 at 2 p.m. on Wednesday, and they are virtually certain to leave borrowing costs unchanged at near zero.</p><p><blockquote>官员们将于下午2点发布利率政策决定和2021年的首次经济预测。周三,他们几乎肯定会将借贷成本保持在接近零的水平不变。</blockquote></p><p> But analysts and Wall Street investors alike are eager to see whether growing economic optimism will shake up the outlook for policy in the months and years ahead.</p><p><blockquote>但分析师和华尔街投资者都渴望看到日益增长的经济乐观情绪是否会动摇未来几个月和几年的政策前景。</blockquote></p><p> The Fedslashed interest rates to rock bottoma year ago as the pandemic shut down huge swaths of the economy. It has also been buying $120 billion in bonds per month, a policy meant to keep credit cheap and help the economy rebound from a virus that has thrown millions out of work.</p><p><blockquote>一年前,由于疫情导致大部分经济关闭,美联储将利率降至谷底。它还每月购买1200亿美元的债券,这一政策旨在保持信贷廉价并帮助经济从导致数百万人失业的病毒中反弹。</blockquote></p><p> Jerome H. Powell, the Fed chair, has been clear for months that officials expect to be patient in removing that policy help — a cautious tone that he is expected to maintain at a news conference on Wednesday.</p><p><blockquote>美联储主席杰罗姆·H·鲍威尔(Jerome H.Powell)几个月来一直明确表示,官员们希望在取消政策帮助方面保持耐心——预计他将在周三的新闻发布会上保持谨慎的语气。</blockquote></p><p> “This is one of the most critical Fed meetings we’ve had in a while,” said Michelle Meyer, head of U.S. economists at Bank of America Merrill Lynch. “Markets are really paying attention, and they’re going to dissect everything he says.”</p><p><blockquote>美银美林美国经济学家主管米歇尔·迈耶表示:“这是我们一段时间以来举行的最关键的美联储会议之一。”“市场确实在关注,他们将剖析他所说的一切。”</blockquote></p><p> That’s because theeconomic backdrop is shifting. Coronavirus vaccines are fueling hopes for reopening parts of the service sector. A freshly signed stimulus package will pump $1.9 trillion into the economy, with an eye on preventing evictions, funneling cash to parents and putting $1,400 checks directly into bank accounts.</p><p><blockquote>这是因为经济背景正在发生变化。冠状病毒疫苗燃起了重新开放部分服务业的希望。新签署的刺激计划将向经济注入1.9万亿美元,着眼于防止驱逐,向父母提供现金,并将1400美元的支票直接存入银行账户。</blockquote></p><p> Against that improving backdrop, economists in aBloomberg surveyexpect the Fed to increase rates twice in 2023, the news outlet reported. In December, they typically expected rates to remain on hold until 2024 or later.</p><p><blockquote>据新闻媒体报道,在这种改善的背景下,彭博社调查的经济学家预计美联储将在2023年加息两次。去年12月,他们通常预计利率将保持不变,直到2024年或更晚。</blockquote></p><p> As investors expect faster growth,higher inflationand a quicker-moving Fed, they have pushed up the yield on 10-year Treasury notes. That has weighed on stock indexes, which tend to fall when rates rise.</p><p><blockquote>由于投资者预期经济增长更快、通胀更高以及美联储行动更快,他们推高了10年期国债收益率。这给股指带来了压力,当利率上升时,股指往往会下跌。</blockquote></p><p> The Fed’s economic projections — which anonymously report officials’ forecasts for interest rates, unemployment, inflation and growth both through 2023 and in the longer run — could show a shift when they are released on Wednesday.</p><p><blockquote>美联储的经济预测——匿名报告了官员对2023年及更长期利率、失业、通胀和增长的预测——在周三发布时可能会出现转变。</blockquote></p><p> Wall Street will pay particular attention to the inflation forecast and the policy rate path. The Fed’s median interest rate forecast previously showed no rate increases over the next three years, but analysts expect that officials could now pencil in one move in 2023.</p><p><blockquote>华尔街将特别关注通胀预测和政策利率路径。美联储的利率预测中值此前显示未来三年不会加息,但分析师预计,官员们现在可能会在2023年采取一项举措。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.nytimes.com/2021/03/17/business/federal-reserve-meeting.html\">NewYork Times</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.nytimes.com/2021/03/17/business/federal-reserve-meeting.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184627788","content_text":"The Federal Reserve is meeting as vaccines and a nearly $1.9 trillion recovery package raise expectations for growth, and analysts want to see how that changes policy forecasts.\n\nThe Federal Reserve is staring down a challenge that would have been all but unthinkable a year ago: With its policies seton emergency modeto bolster growth in the face of the pandemic’s shock, it must now navigate an economy that is expected to strengthen rapidly in the coming months.\nOfficials will release an interest rate policy decision and their first economic projections of 2021 at 2 p.m. on Wednesday, and they are virtually certain to leave borrowing costs unchanged at near zero.\nBut analysts and Wall Street investors alike are eager to see whether growing economic optimism will shake up the outlook for policy in the months and years ahead.\nThe Fedslashed interest rates to rock bottoma year ago as the pandemic shut down huge swaths of the economy. It has also been buying $120 billion in bonds per month, a policy meant to keep credit cheap and help the economy rebound from a virus that has thrown millions out of work.\nJerome H. Powell, the Fed chair, has been clear for months that officials expect to be patient in removing that policy help — a cautious tone that he is expected to maintain at a news conference on Wednesday.\n“This is one of the most critical Fed meetings we’ve had in a while,” said Michelle Meyer, head of U.S. economists at Bank of America Merrill Lynch. “Markets are really paying attention, and they’re going to dissect everything he says.”\nThat’s because theeconomic backdrop is shifting. Coronavirus vaccines are fueling hopes for reopening parts of the service sector. A freshly signed stimulus package will pump $1.9 trillion into the economy, with an eye on preventing evictions, funneling cash to parents and putting $1,400 checks directly into bank accounts.\nAgainst that improving backdrop, economists in aBloomberg surveyexpect the Fed to increase rates twice in 2023, the news outlet reported. In December, they typically expected rates to remain on hold until 2024 or later.\nAs investors expect faster growth,higher inflationand a quicker-moving Fed, they have pushed up the yield on 10-year Treasury notes. That has weighed on stock indexes, which tend to fall when rates rise.\nThe Fed’s economic projections — which anonymously report officials’ forecasts for interest rates, unemployment, inflation and growth both through 2023 and in the longer run — could show a shift when they are released on Wednesday.\nWall Street will pay particular attention to the inflation forecast and the policy rate path. The Fed’s median interest rate forecast previously showed no rate increases over the next three years, but analysts expect that officials could now pencil in one move in 2023.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325344261,"gmtCreate":1615869195953,"gmtModify":1703494241444,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/325344261","repostId":"1159089513","repostType":4,"isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322670289,"gmtCreate":1615806273541,"gmtModify":1703493248321,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Wow//<a href=\"https://laohu8.com/U/3576043724479903\">@Reiepp</a>: Wow","listText":"Wow//<a href=\"https://laohu8.com/U/3576043724479903\">@Reiepp</a>: Wow","text":"Wow//@Reiepp: Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/322670289","repostId":"1164885443","repostType":4,"repost":{"id":"1164885443","kind":"news","pubTimestamp":1615805768,"share":"https://www.laohu8.com/m/news/1164885443?lang=zh_CN&edition=full","pubTime":"2021-03-15 18:56","market":"us","language":"en","title":"10 Stocks That Are Vulnerable to a Blowup<blockquote>10只容易爆发的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164885443","media":"Barrons","summary":"Avoiding stock blowups is in every investor’s interest, but it’s getting a bit tougher.Many companie","content":"<p>Avoiding stock blowups is in every investor’s interest, but it’s getting a bit tougher.</p><p><blockquote>避免股票暴跌符合每个投资者的利益,但这变得有点困难。</blockquote></p><p>Many companies that beat fourth-quarter estimates haven’t been rewarded with higher share prices. High-growth stocks are facing steeper hurdles from rising bond yields. Investors appear to be rotating from growth to value and into sectors with more exposure to a cyclical economic recovery.</p><p><blockquote>许多超出第四季度预期的公司并没有获得更高的股价。高增长股票正面临债券收益率上升带来的更大障碍。投资者似乎正在从增长转向价值,并进入更容易受到周期性经济复苏影响的行业。</blockquote></p><p>Quite simply, fatigue may be setting into overcrowded trades and investment themes—whether those are alternative-meat producers, a travel recovery, green energy, or the continued domination of Big Tech.</p><p><blockquote>很简单,过度拥挤的交易和投资主题可能会出现疲劳——无论是替代肉类生产商、旅游业复苏、绿色能源还是大型科技公司的持续主导地位。</blockquote></p><p>Against that backdrop, investors may want to tread cautiously. One way to do so: Avoid stocks with low earnings quality and high short interest—meaning there are short positions, or bearish bets, on a large percentage of a company’s shares outstanding. (A short position is when investors borrow and then sell shares, betting that a stock’s price will fall so they can buy shares back at a cheaper price.) Stocks with that combination of attributes may be most at risk of underperforming or blowing up, according to Wolfe Research.</p><p><blockquote>在此背景下,投资者可能需要谨慎行事。一种方法是:避开盈利质量低、空头利息高的股票——这意味着公司大部分已发行股票存在空头头寸或看跌押注。(空头头寸是指投资者借入然后出售股票,押注股票价格会下跌,以便他们可以以更便宜的价格回购股票。)根据沃尔夫研究公司的说法,具有这种属性组合的股票可能最容易表现不佳或爆炸。</blockquote></p><p>The firm ranks stocks on a relative basis within sectors by scoring earnings quality on seven financial measures, while also looking at valuation and sentiment indicators, based on fourth-quarter financials.</p><p><blockquote>该公司通过根据七项财务指标对盈利质量进行评分,同时还根据第四季度财务数据查看估值和情绪指标,对行业内的股票进行相对排名。</blockquote></p><p>Wolfe calls stocks scoring in the bottom 10% of earnings quality, while also seeing high short interest, “our highest conviction cohort of stocks to avoid.”</p><p><blockquote>沃尔夫·评级股票的盈利质量排名垫底10%,同时也看到了很高的空头兴趣,“我们最有信心避免的股票群体”。</blockquote></p><p>One caveat: Low-quality stocks have been a popular trade—fueled by ample market liquidity and demand for riskier assets. High short interest also primes a stock for a short-squeeze, whereby traders who are short buy the stock to cover their positions, exerting upward pressure on the price. Nothing illustrates that dynamic more than the frenzied trading around GameStop (ticker: GME) this year.</p><p><blockquote>需要注意的是:在充足的市场流动性和对风险资产的需求的推动下,低质量股票一直是一种受欢迎的交易。高空头利息也为股票轧空做好了准备,空头交易者买入股票以回补头寸,对价格施加上行压力。没有什么比今年围绕游戏驿站(股票代码:GME)的疯狂交易更能说明这种动态了。</blockquote></p><p>Beauty products maker Coty (COTY), for example, shows up on Wolfe’s screen. But it may have already had its blowup, falling 15% the day it released its earnings report in February. Barron’s was bullish on the stock in the aftermath, and it has been moving up since then.</p><p><blockquote>例如,美容产品制造商科蒂(COTY)就出现在沃尔夫的屏幕上。但它可能已经爆发了,在2月份发布收益报告的当天下跌了15%。《巴伦周刊》随后看好该股,此后该股一直在上涨。</blockquote></p><p>Nonetheless, plenty of other stocks on Wolfe’s watch list do seem vulnerable. Many have surged in a reopening trade or company-specific dynamics, and all trade at steep valuations. Here are 10 stocks from Wolfe’s list:</p><p><blockquote>尽管如此,沃尔夫观察名单上的许多其他股票似乎确实很脆弱。许多公司在重新开放交易或公司特定动态中股价飙升,而且所有交易的估值都很高。以下是沃尔夫名单中的10只股票:</blockquote></p><p>Carvana (CVNA), for instance, has been a blockbuster, gaining 535% over the last 52 weeks. Investors appear to have decided that it is a disruptive force in car buying and that a pandemic-fueled shift to online sales has accelerated its momentum. However, Carvana isn’t close to reporting a profit, and is expected to lose $1.96 a share this year and 97 cents in 2022.</p><p><blockquote>例如,Carvana(CVNA)一鸣惊人,在过去52周内上涨了535%。投资者似乎已经认定,这是汽车购买领域的一股颠覆性力量,而大流行推动的向在线销售的转变加速了其势头。然而,Carvana尚未实现盈利,预计今年每股亏损1.96美元,2022年每股亏损97美分。</blockquote></p><p>The stock is up around 11% this year, but it has been wobbling lately and is down from its 52-week high around $315, trading recently at $287. Short interest is high at 22% of the shares outstanding, according to FactSet.</p><p><blockquote>该股今年上涨了约11%,但最近一直在波动,从315美元左右的52周高点下跌,最近的交易价格为287美元。FactSet的数据显示,空头兴趣很高,占已发行股票的22%。</blockquote></p><p>Expedia Group (EXPE) has surged 32% this year. Investors expect online bookings volume to soar as consumers head for vacations this summer and fall. Wall Street doesn’t see Expedia Group earning a profit this year but expects big gains in 2022 with earnings per share of $6.04. At recent prices around $175, shares trade at 28 times 2022 earnings, a 40% premium to the S&P 500 ‘s multiple of 20 times.</p><p><blockquote>Expedia Group(EXPE)今年股价飙升32%。投资者预计,随着消费者今年夏季和秋季前往度假,在线预订量将飙升。华尔街预计Expedia Group今年不会盈利,但预计2022年将大幅上涨,每股收益为6.04美元。以近期175美元左右的价格计算,该股的市盈率为2022年市盈率的28倍,比标普500的20倍溢价40%。</blockquote></p><p>Norwegian Cruise Line Holdings (NCLH) is also trading on hopes for a travel rebound in 2022. Wall Street expects revenues of $1.6 billion this year, up from $1.3 billion in 2020. But the stock is riding on expectations of a surge to $6 billion in revenue in 2022. Analysts are looking for earnings of 62 cents a share in 2022, up from an expected loss of $5.87 a share this year. The stock has climbed 218% in the last 52 weeks, and it is powering ahead this year, up 21% so far.</p><p><blockquote>挪威邮轮控股公司(NCLH)也寄希望于2022年旅游业反弹。华尔街预计今年营收为16亿美元,高于2020年的13亿美元。但该股预计2022年收入将飙升至60亿美元。分析师预计2022年每股收益为62美分,高于今年每股亏损5.87美元的预期。该股在过去52周内上涨了218%,今年也在强劲上涨,迄今为止上涨了21%。</blockquote></p><p>It’s hardly cheap, though, at 50 times estimated 2022 profits. About 13% of the shares are held short, according to FactSet.</p><p><blockquote>不过,这并不便宜,是2022年预计利润的50倍。FactSet的数据显示,约13%的股票被卖空。</blockquote></p><p>Lyft (LYFT) also fits into the reopening theme; shares are up 178% in the last 52 weeks, including a 35% gain this year. Ride-sharing could pick up as more people head to work, meetings, and evenings out.</p><p><blockquote>Lyft(Lyft)也符合重新开放的主题;过去52周内股价上涨了178%,其中今年上涨了35%。随着越来越多的人去上班、开会和晚上外出,拼车可能会增加。</blockquote></p><p>However, Lyft and its chief rival Uber Technologies (UBER) face rising labor costs and regulatory hurdles in Europe and other regions. Wall Street sees Lyft losing $1.08 a share this year and turning a modest profit of 17 cents in 2022. That gives it a multiple of 379 times 2022 earnings. Short interest is around 9%.</p><p><blockquote>然而,Lyft及其主要竞争对手优步科技(UBER)在欧洲和其他地区面临劳动力成本上升和监管障碍。华尔街预计Lyft今年每股亏损1.08美元,2022年将实现17美分的微利。这使得其2022年市盈率为379倍。空头利息在9%左右。</blockquote></p><p>Restoration Hardware parent Restoration Hardware (RH) has been a stay-at-home winner. The stock soared 338% over the last year and it’s ahead 5% this year. The company is profitable, expected to earn $19.17 a share this year, up from an estimated $17.05 in 2020. But the stock hit a rough patch in early March as high-growth, high-multiple stocks sold off.</p><p><blockquote>恢复硬件parent Restoration Hardware(RH)一直是家庭赢家。该股去年飙升338%,今年上涨5%。该公司实现盈利,预计今年每股收益为19.17美元,高于2020年预计的17.05美元。但随着高增长、高市盈率股票遭到抛售,该股在3月初遭遇了艰难时期。</blockquote></p><p></p><p>RH trades at 22 times 2022 earnings, which doesn’t look excessive. But It is now vulnerable to a blowup, according to Wolfe, with short-interest at 11% of the float.</p><p><blockquote>RH的市盈率为2022年市盈率的22倍,这看起来并不过分。但沃尔夫表示,该公司现在很容易爆发,空头利息占流通量的11%。</blockquote></p><p>Beyond Meat (BYND) has long been a battleground between alt-meat bulls and bears. The stock has surged 93% over the last 52 weeks, defying the bears, but at recent prices around $142, it’s off 36% from its 52-week high of $221.</p><p><blockquote>Beyond Meat(BYND)长期以来一直是另类肉类多头和空头之间的战场。该股在过去52周内飙升了93%,无视空头,但近期价格约为142美元,较52周高点221美元下跌了36%。</blockquote></p><p>The alt-meat trend is going strong, and Beyond is working its way into more restaurants and supermarkets, while expanding its product line. But alt-meat rivals are gaining traction. Beyond’s profits aren’t expected to roll in until 2022, when the firm is anticipated to earn 23 cents a share. At that level of profit, the stock trades at 621 times earnings.</p><p><blockquote>替代肉类趋势正在强劲发展,Beyond正在进军更多餐厅和超市,同时扩大其产品线。但替代肉类竞争对手正在获得牵引力。Beyond的利润预计要到2022年才会滚滚而来,届时该公司预计每股盈利23美分。在该利润水平下,该股的市盈率为621倍。</blockquote></p><p>Stocks like Beyond trade on underlying business momentum, making earnings less of a share-price driver. Still, it isn’t encouraging that Wall Street sees the losses piling up. Per-share estimates for 2021 have been lowered 12% in the last week, according to FactSet, and 2021 estimates are down 190% in the past three months.</p><p><blockquote>像Beyond这样的股票根据潜在的业务势头进行交易,使得盈利不再是股价的驱动因素。尽管如此,华尔街看到损失不断增加,这并不令人鼓舞。FactSet的数据显示,上周对2021年的每股预期下调了12%,过去三个月对2021年的预期下降了190%。</blockquote></p><p>Meanwhile, First Solar (FSLR) is riding a wave of investor demand for green stocks from ESG funds and others looking for exposure to clean energy. The company, which makes solar power systems and modules, has gained 124% over the last 52 weeks. The company has reported strong sales and bookings, but the stock is also baking in friendly climate policies from the Biden administration.</p><p><blockquote>与此同时,First Solar(FSLR)正顺应投资者对ESG基金和其他寻求清洁能源投资的机构的绿色股票的需求浪潮。该公司生产太阳能系统和组件,在过去52周内股价上涨了124%。该公司报告了强劲的销售和预订量,但该股也受到拜登政府友好气候政策的影响。</blockquote></p><p>The stock has been wavering, however, after its big run. It has slumped 17% this year and it’s off more than 20% from 52-week highs around $112, recently trading around $82. Despite a favorable backdrop for green energy, First Solar’s sales and earnings are expected to fall slightly from 2021 to 2022. The stock trades at 24 times 2022 earnings, a premium to the market.</p><p><blockquote>然而,该股在大幅上涨后一直在波动。该股今年已下跌17%,较112美元左右的52周高点下跌超过20%,最近交易价格约为82美元。尽管绿色能源大背景有利,但First Solar的销售额和盈利预计将在2021年至2022年小幅下降。该股2022年市盈率为24倍,较市场溢价。</blockquote></p><p>Other large-cap stocks that make Wolfe’s blowup watch list include BioMarin Pharmaceutical (BMRN), Zendesk (ZEN), and Advanced Micro Devices (AMD). Zendesk and AMD are each up more than 100% over the last year, while BioMarin has been flat. All trade at steep valuations, with Zendesk topping the list at 130 times 2022 earnings estimates.</p><p><blockquote>其他列入沃尔夫爆炸观察名单的大盘股包括拜玛林制药(BMRN)、Zendesk(ZEN)和Advanced Micro Devices(AMD)。Zendesk和AMD去年均上涨超过100%,而BioMarin则持平。所有公司的估值都很高,其中Zendesk以2022年盈利预期的130倍位居榜首。</blockquote></p><p>A blowup may not be imminent in any of these names, but stocks without a significant profit in sight may fall sharply if market jitters resurface and investors start to appreciate higher earnings quality.</p><p><blockquote>这些股票中的任何一只都可能不会很快出现泡沫,但如果市场紧张情绪重新出现并且投资者开始欣赏更高的盈利质量,看不到显着利润的股票可能会大幅下跌。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Stocks That Are Vulnerable to a Blowup<blockquote>10只容易爆发的股票</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\">\n10 Stocks That Are Vulnerable to a Blowup<blockquote>10只容易爆发的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-03-15 18:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Avoiding stock blowups is in every investor’s interest, but it’s getting a bit tougher.</p><p><blockquote>避免股票暴跌符合每个投资者的利益,但这变得有点困难。</blockquote></p><p>Many companies that beat fourth-quarter estimates haven’t been rewarded with higher share prices. High-growth stocks are facing steeper hurdles from rising bond yields. Investors appear to be rotating from growth to value and into sectors with more exposure to a cyclical economic recovery.</p><p><blockquote>许多超出第四季度预期的公司并没有获得更高的股价。高增长股票正面临债券收益率上升带来的更大障碍。投资者似乎正在从增长转向价值,并进入更容易受到周期性经济复苏影响的行业。</blockquote></p><p>Quite simply, fatigue may be setting into overcrowded trades and investment themes—whether those are alternative-meat producers, a travel recovery, green energy, or the continued domination of Big Tech.</p><p><blockquote>很简单,过度拥挤的交易和投资主题可能会出现疲劳——无论是替代肉类生产商、旅游业复苏、绿色能源还是大型科技公司的持续主导地位。</blockquote></p><p>Against that backdrop, investors may want to tread cautiously. One way to do so: Avoid stocks with low earnings quality and high short interest—meaning there are short positions, or bearish bets, on a large percentage of a company’s shares outstanding. (A short position is when investors borrow and then sell shares, betting that a stock’s price will fall so they can buy shares back at a cheaper price.) Stocks with that combination of attributes may be most at risk of underperforming or blowing up, according to Wolfe Research.</p><p><blockquote>在此背景下,投资者可能需要谨慎行事。一种方法是:避开盈利质量低、空头利息高的股票——这意味着公司大部分已发行股票存在空头头寸或看跌押注。(空头头寸是指投资者借入然后出售股票,押注股票价格会下跌,以便他们可以以更便宜的价格回购股票。)根据沃尔夫研究公司的说法,具有这种属性组合的股票可能最容易表现不佳或爆炸。</blockquote></p><p>The firm ranks stocks on a relative basis within sectors by scoring earnings quality on seven financial measures, while also looking at valuation and sentiment indicators, based on fourth-quarter financials.</p><p><blockquote>该公司通过根据七项财务指标对盈利质量进行评分,同时还根据第四季度财务数据查看估值和情绪指标,对行业内的股票进行相对排名。</blockquote></p><p>Wolfe calls stocks scoring in the bottom 10% of earnings quality, while also seeing high short interest, “our highest conviction cohort of stocks to avoid.”</p><p><blockquote>沃尔夫·评级股票的盈利质量排名垫底10%,同时也看到了很高的空头兴趣,“我们最有信心避免的股票群体”。</blockquote></p><p>One caveat: Low-quality stocks have been a popular trade—fueled by ample market liquidity and demand for riskier assets. High short interest also primes a stock for a short-squeeze, whereby traders who are short buy the stock to cover their positions, exerting upward pressure on the price. Nothing illustrates that dynamic more than the frenzied trading around GameStop (ticker: GME) this year.</p><p><blockquote>需要注意的是:在充足的市场流动性和对风险资产的需求的推动下,低质量股票一直是一种受欢迎的交易。高空头利息也为股票轧空做好了准备,空头交易者买入股票以回补头寸,对价格施加上行压力。没有什么比今年围绕游戏驿站(股票代码:GME)的疯狂交易更能说明这种动态了。</blockquote></p><p>Beauty products maker Coty (COTY), for example, shows up on Wolfe’s screen. But it may have already had its blowup, falling 15% the day it released its earnings report in February. Barron’s was bullish on the stock in the aftermath, and it has been moving up since then.</p><p><blockquote>例如,美容产品制造商科蒂(COTY)就出现在沃尔夫的屏幕上。但它可能已经爆发了,在2月份发布收益报告的当天下跌了15%。《巴伦周刊》随后看好该股,此后该股一直在上涨。</blockquote></p><p>Nonetheless, plenty of other stocks on Wolfe’s watch list do seem vulnerable. Many have surged in a reopening trade or company-specific dynamics, and all trade at steep valuations. Here are 10 stocks from Wolfe’s list:</p><p><blockquote>尽管如此,沃尔夫观察名单上的许多其他股票似乎确实很脆弱。许多公司在重新开放交易或公司特定动态中股价飙升,而且所有交易的估值都很高。以下是沃尔夫名单中的10只股票:</blockquote></p><p>Carvana (CVNA), for instance, has been a blockbuster, gaining 535% over the last 52 weeks. Investors appear to have decided that it is a disruptive force in car buying and that a pandemic-fueled shift to online sales has accelerated its momentum. However, Carvana isn’t close to reporting a profit, and is expected to lose $1.96 a share this year and 97 cents in 2022.</p><p><blockquote>例如,Carvana(CVNA)一鸣惊人,在过去52周内上涨了535%。投资者似乎已经认定,这是汽车购买领域的一股颠覆性力量,而大流行推动的向在线销售的转变加速了其势头。然而,Carvana尚未实现盈利,预计今年每股亏损1.96美元,2022年每股亏损97美分。</blockquote></p><p>The stock is up around 11% this year, but it has been wobbling lately and is down from its 52-week high around $315, trading recently at $287. Short interest is high at 22% of the shares outstanding, according to FactSet.</p><p><blockquote>该股今年上涨了约11%,但最近一直在波动,从315美元左右的52周高点下跌,最近的交易价格为287美元。FactSet的数据显示,空头兴趣很高,占已发行股票的22%。</blockquote></p><p>Expedia Group (EXPE) has surged 32% this year. Investors expect online bookings volume to soar as consumers head for vacations this summer and fall. Wall Street doesn’t see Expedia Group earning a profit this year but expects big gains in 2022 with earnings per share of $6.04. At recent prices around $175, shares trade at 28 times 2022 earnings, a 40% premium to the S&P 500 ‘s multiple of 20 times.</p><p><blockquote>Expedia Group(EXPE)今年股价飙升32%。投资者预计,随着消费者今年夏季和秋季前往度假,在线预订量将飙升。华尔街预计Expedia Group今年不会盈利,但预计2022年将大幅上涨,每股收益为6.04美元。以近期175美元左右的价格计算,该股的市盈率为2022年市盈率的28倍,比标普500的20倍溢价40%。</blockquote></p><p>Norwegian Cruise Line Holdings (NCLH) is also trading on hopes for a travel rebound in 2022. Wall Street expects revenues of $1.6 billion this year, up from $1.3 billion in 2020. But the stock is riding on expectations of a surge to $6 billion in revenue in 2022. Analysts are looking for earnings of 62 cents a share in 2022, up from an expected loss of $5.87 a share this year. The stock has climbed 218% in the last 52 weeks, and it is powering ahead this year, up 21% so far.</p><p><blockquote>挪威邮轮控股公司(NCLH)也寄希望于2022年旅游业反弹。华尔街预计今年营收为16亿美元,高于2020年的13亿美元。但该股预计2022年收入将飙升至60亿美元。分析师预计2022年每股收益为62美分,高于今年每股亏损5.87美元的预期。该股在过去52周内上涨了218%,今年也在强劲上涨,迄今为止上涨了21%。</blockquote></p><p>It’s hardly cheap, though, at 50 times estimated 2022 profits. About 13% of the shares are held short, according to FactSet.</p><p><blockquote>不过,这并不便宜,是2022年预计利润的50倍。FactSet的数据显示,约13%的股票被卖空。</blockquote></p><p>Lyft (LYFT) also fits into the reopening theme; shares are up 178% in the last 52 weeks, including a 35% gain this year. Ride-sharing could pick up as more people head to work, meetings, and evenings out.</p><p><blockquote>Lyft(Lyft)也符合重新开放的主题;过去52周内股价上涨了178%,其中今年上涨了35%。随着越来越多的人去上班、开会和晚上外出,拼车可能会增加。</blockquote></p><p>However, Lyft and its chief rival Uber Technologies (UBER) face rising labor costs and regulatory hurdles in Europe and other regions. Wall Street sees Lyft losing $1.08 a share this year and turning a modest profit of 17 cents in 2022. That gives it a multiple of 379 times 2022 earnings. Short interest is around 9%.</p><p><blockquote>然而,Lyft及其主要竞争对手优步科技(UBER)在欧洲和其他地区面临劳动力成本上升和监管障碍。华尔街预计Lyft今年每股亏损1.08美元,2022年将实现17美分的微利。这使得其2022年市盈率为379倍。空头利息在9%左右。</blockquote></p><p>Restoration Hardware parent Restoration Hardware (RH) has been a stay-at-home winner. The stock soared 338% over the last year and it’s ahead 5% this year. The company is profitable, expected to earn $19.17 a share this year, up from an estimated $17.05 in 2020. But the stock hit a rough patch in early March as high-growth, high-multiple stocks sold off.</p><p><blockquote>恢复硬件parent Restoration Hardware(RH)一直是家庭赢家。该股去年飙升338%,今年上涨5%。该公司实现盈利,预计今年每股收益为19.17美元,高于2020年预计的17.05美元。但随着高增长、高市盈率股票遭到抛售,该股在3月初遭遇了艰难时期。</blockquote></p><p></p><p>RH trades at 22 times 2022 earnings, which doesn’t look excessive. But It is now vulnerable to a blowup, according to Wolfe, with short-interest at 11% of the float.</p><p><blockquote>RH的市盈率为2022年市盈率的22倍,这看起来并不过分。但沃尔夫表示,该公司现在很容易爆发,空头利息占流通量的11%。</blockquote></p><p>Beyond Meat (BYND) has long been a battleground between alt-meat bulls and bears. The stock has surged 93% over the last 52 weeks, defying the bears, but at recent prices around $142, it’s off 36% from its 52-week high of $221.</p><p><blockquote>Beyond Meat(BYND)长期以来一直是另类肉类多头和空头之间的战场。该股在过去52周内飙升了93%,无视空头,但近期价格约为142美元,较52周高点221美元下跌了36%。</blockquote></p><p>The alt-meat trend is going strong, and Beyond is working its way into more restaurants and supermarkets, while expanding its product line. But alt-meat rivals are gaining traction. Beyond’s profits aren’t expected to roll in until 2022, when the firm is anticipated to earn 23 cents a share. At that level of profit, the stock trades at 621 times earnings.</p><p><blockquote>替代肉类趋势正在强劲发展,Beyond正在进军更多餐厅和超市,同时扩大其产品线。但替代肉类竞争对手正在获得牵引力。Beyond的利润预计要到2022年才会滚滚而来,届时该公司预计每股盈利23美分。在该利润水平下,该股的市盈率为621倍。</blockquote></p><p>Stocks like Beyond trade on underlying business momentum, making earnings less of a share-price driver. Still, it isn’t encouraging that Wall Street sees the losses piling up. Per-share estimates for 2021 have been lowered 12% in the last week, according to FactSet, and 2021 estimates are down 190% in the past three months.</p><p><blockquote>像Beyond这样的股票根据潜在的业务势头进行交易,使得盈利不再是股价的驱动因素。尽管如此,华尔街看到损失不断增加,这并不令人鼓舞。FactSet的数据显示,上周对2021年的每股预期下调了12%,过去三个月对2021年的预期下降了190%。</blockquote></p><p>Meanwhile, First Solar (FSLR) is riding a wave of investor demand for green stocks from ESG funds and others looking for exposure to clean energy. The company, which makes solar power systems and modules, has gained 124% over the last 52 weeks. The company has reported strong sales and bookings, but the stock is also baking in friendly climate policies from the Biden administration.</p><p><blockquote>与此同时,First Solar(FSLR)正顺应投资者对ESG基金和其他寻求清洁能源投资的机构的绿色股票的需求浪潮。该公司生产太阳能系统和组件,在过去52周内股价上涨了124%。该公司报告了强劲的销售和预订量,但该股也受到拜登政府友好气候政策的影响。</blockquote></p><p>The stock has been wavering, however, after its big run. It has slumped 17% this year and it’s off more than 20% from 52-week highs around $112, recently trading around $82. Despite a favorable backdrop for green energy, First Solar’s sales and earnings are expected to fall slightly from 2021 to 2022. The stock trades at 24 times 2022 earnings, a premium to the market.</p><p><blockquote>然而,该股在大幅上涨后一直在波动。该股今年已下跌17%,较112美元左右的52周高点下跌超过20%,最近交易价格约为82美元。尽管绿色能源大背景有利,但First Solar的销售额和盈利预计将在2021年至2022年小幅下降。该股2022年市盈率为24倍,较市场溢价。</blockquote></p><p>Other large-cap stocks that make Wolfe’s blowup watch list include BioMarin Pharmaceutical (BMRN), Zendesk (ZEN), and Advanced Micro Devices (AMD). Zendesk and AMD are each up more than 100% over the last year, while BioMarin has been flat. All trade at steep valuations, with Zendesk topping the list at 130 times 2022 earnings estimates.</p><p><blockquote>其他列入沃尔夫爆炸观察名单的大盘股包括拜玛林制药(BMRN)、Zendesk(ZEN)和Advanced Micro Devices(AMD)。Zendesk和AMD去年均上涨超过100%,而BioMarin则持平。所有公司的估值都很高,其中Zendesk以2022年盈利预期的130倍位居榜首。</blockquote></p><p>A blowup may not be imminent in any of these names, but stocks without a significant profit in sight may fall sharply if market jitters resurface and investors start to appreciate higher earnings quality.</p><p><blockquote>这些股票中的任何一只都可能不会很快出现泡沫,但如果市场紧张情绪重新出现并且投资者开始欣赏更高的盈利质量,看不到显着利润的股票可能会大幅下跌。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/beyond-meat-stock-expedia-lyft-vulnerable-blowup-51615588807?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EXPE":"Expedia","BMRN":"拜玛林制药","COTY":"科蒂","NCLH":"挪威邮轮","AMD":"美国超微公司","CVNA":"Carvana Co.","BYND":"Beyond Meat, Inc.","RH":"RH","LYFT":"Lyft, Inc.","FSLR":"第一太阳能"},"source_url":"https://www.barrons.com/articles/beyond-meat-stock-expedia-lyft-vulnerable-blowup-51615588807?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164885443","content_text":"Avoiding stock blowups is in every investor’s interest, but it’s getting a bit tougher.Many companies that beat fourth-quarter estimates haven’t been rewarded with higher share prices. High-growth stocks are facing steeper hurdles from rising bond yields. Investors appear to be rotating from growth to value and into sectors with more exposure to a cyclical economic recovery.Quite simply, fatigue may be setting into overcrowded trades and investment themes—whether those are alternative-meat producers, a travel recovery, green energy, or the continued domination of Big Tech.Against that backdrop, investors may want to tread cautiously. One way to do so: Avoid stocks with low earnings quality and high short interest—meaning there are short positions, or bearish bets, on a large percentage of a company’s shares outstanding. (A short position is when investors borrow and then sell shares, betting that a stock’s price will fall so they can buy shares back at a cheaper price.) Stocks with that combination of attributes may be most at risk of underperforming or blowing up, according to Wolfe Research.The firm ranks stocks on a relative basis within sectors by scoring earnings quality on seven financial measures, while also looking at valuation and sentiment indicators, based on fourth-quarter financials.Wolfe calls stocks scoring in the bottom 10% of earnings quality, while also seeing high short interest, “our highest conviction cohort of stocks to avoid.”One caveat: Low-quality stocks have been a popular trade—fueled by ample market liquidity and demand for riskier assets. High short interest also primes a stock for a short-squeeze, whereby traders who are short buy the stock to cover their positions, exerting upward pressure on the price. Nothing illustrates that dynamic more than the frenzied trading around GameStop (ticker: GME) this year.Beauty products maker Coty (COTY), for example, shows up on Wolfe’s screen. But it may have already had its blowup, falling 15% the day it released its earnings report in February. Barron’s was bullish on the stock in the aftermath, and it has been moving up since then.Nonetheless, plenty of other stocks on Wolfe’s watch list do seem vulnerable. Many have surged in a reopening trade or company-specific dynamics, and all trade at steep valuations. Here are 10 stocks from Wolfe’s list:Carvana (CVNA), for instance, has been a blockbuster, gaining 535% over the last 52 weeks. Investors appear to have decided that it is a disruptive force in car buying and that a pandemic-fueled shift to online sales has accelerated its momentum. However, Carvana isn’t close to reporting a profit, and is expected to lose $1.96 a share this year and 97 cents in 2022.The stock is up around 11% this year, but it has been wobbling lately and is down from its 52-week high around $315, trading recently at $287. Short interest is high at 22% of the shares outstanding, according to FactSet.Expedia Group (EXPE) has surged 32% this year. Investors expect online bookings volume to soar as consumers head for vacations this summer and fall. Wall Street doesn’t see Expedia Group earning a profit this year but expects big gains in 2022 with earnings per share of $6.04. At recent prices around $175, shares trade at 28 times 2022 earnings, a 40% premium to the S&P 500 ‘s multiple of 20 times.Norwegian Cruise Line Holdings (NCLH) is also trading on hopes for a travel rebound in 2022. Wall Street expects revenues of $1.6 billion this year, up from $1.3 billion in 2020. But the stock is riding on expectations of a surge to $6 billion in revenue in 2022. Analysts are looking for earnings of 62 cents a share in 2022, up from an expected loss of $5.87 a share this year. The stock has climbed 218% in the last 52 weeks, and it is powering ahead this year, up 21% so far.It’s hardly cheap, though, at 50 times estimated 2022 profits. About 13% of the shares are held short, according to FactSet.Lyft (LYFT) also fits into the reopening theme; shares are up 178% in the last 52 weeks, including a 35% gain this year. Ride-sharing could pick up as more people head to work, meetings, and evenings out.However, Lyft and its chief rival Uber Technologies (UBER) face rising labor costs and regulatory hurdles in Europe and other regions. Wall Street sees Lyft losing $1.08 a share this year and turning a modest profit of 17 cents in 2022. That gives it a multiple of 379 times 2022 earnings. Short interest is around 9%.Restoration Hardware parent Restoration Hardware (RH) has been a stay-at-home winner. The stock soared 338% over the last year and it’s ahead 5% this year. The company is profitable, expected to earn $19.17 a share this year, up from an estimated $17.05 in 2020. But the stock hit a rough patch in early March as high-growth, high-multiple stocks sold off.RH trades at 22 times 2022 earnings, which doesn’t look excessive. But It is now vulnerable to a blowup, according to Wolfe, with short-interest at 11% of the float.Beyond Meat (BYND) has long been a battleground between alt-meat bulls and bears. The stock has surged 93% over the last 52 weeks, defying the bears, but at recent prices around $142, it’s off 36% from its 52-week high of $221.The alt-meat trend is going strong, and Beyond is working its way into more restaurants and supermarkets, while expanding its product line. But alt-meat rivals are gaining traction. Beyond’s profits aren’t expected to roll in until 2022, when the firm is anticipated to earn 23 cents a share. At that level of profit, the stock trades at 621 times earnings.Stocks like Beyond trade on underlying business momentum, making earnings less of a share-price driver. Still, it isn’t encouraging that Wall Street sees the losses piling up. Per-share estimates for 2021 have been lowered 12% in the last week, according to FactSet, and 2021 estimates are down 190% in the past three months.Meanwhile, First Solar (FSLR) is riding a wave of investor demand for green stocks from ESG funds and others looking for exposure to clean energy. The company, which makes solar power systems and modules, has gained 124% over the last 52 weeks. The company has reported strong sales and bookings, but the stock is also baking in friendly climate policies from the Biden administration.The stock has been wavering, however, after its big run. It has slumped 17% this year and it’s off more than 20% from 52-week highs around $112, recently trading around $82. Despite a favorable backdrop for green energy, First Solar’s sales and earnings are expected to fall slightly from 2021 to 2022. The stock trades at 24 times 2022 earnings, a premium to the market.Other large-cap stocks that make Wolfe’s blowup watch list include BioMarin Pharmaceutical (BMRN), Zendesk (ZEN), and Advanced Micro Devices (AMD). Zendesk and AMD are each up more than 100% over the last year, while BioMarin has been flat. All trade at steep valuations, with Zendesk topping the list at 130 times 2022 earnings estimates.A blowup may not be imminent in any of these names, but stocks without a significant profit in sight may fall sharply if market jitters resurface and investors start to appreciate higher earnings quality.","news_type":1,"symbols_score_info":{"BYND":0.9,"RH":0.9,"BMRN":0.9,"FSLR":0.9,"ZEN":0.9,"AMD":0.9,"COTY":0.9,"LYFT":0.9,"EXPE":0.9,"NCLH":0.9,"CVNA":0.9}},"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322647455,"gmtCreate":1615806239077,"gmtModify":1703493246937,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/322647455","repostId":"1158233246","repostType":4,"repost":{"id":"1158233246","kind":"news","pubTimestamp":1615805387,"share":"https://www.laohu8.com/m/news/1158233246?lang=zh_CN&edition=full","pubTime":"2021-03-15 18:49","market":"us","language":"en","title":"GameStop, AMC, and Cinemark Shares Have Been Whipsawed. What’s Ahead.<blockquote>游戏驿站、AMC和喜满客的股价遭受重创。前面是什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158233246","media":"barrons","summary":"For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a seri","content":"<p>For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a series of sickening lows and dizzying highs. Now that the worst appears to be over, they are moving to the next difficult phase: delivering a rebound.</p><p><blockquote>对于游戏驿站、AMC院线控股和喜满客控股来说,过去12个月是一系列令人作呕的低点和令人眼花缭乱的高点。现在,最糟糕的时期似乎已经过去,他们正在进入下一个困难阶段:实现反弹。</blockquote></p><p> All three are emerging from brutal pandemic lockdowns. GameStop (ticker: GME) and AMC (AMC) also made it through short squeezes and retail trading frenzies. Each is now maneuvering through what many consider permanent shifts in the way consumers shop and seek entertainment.</p><p><blockquote>这三个人都刚刚摆脱了残酷的疫情封锁。游戏驿站(股票代码:GME)和AMC(AMC)也经历了轧空和零售交易狂潮。每个公司现在都在经历许多人认为的消费者购物和寻求娱乐方式的永久性转变。</blockquote></p><p> The companies each have mapped out paths forward, but at least two of the stocks—Gamestop and AMC—are apt to face more struggles.</p><p><blockquote>两家公司都规划了前进的道路,但至少有两只股票——游戏驿站和AMC——可能会面临更多困境。</blockquote></p><p> GameStop, which sells new and used videogames and consoles, is trying to transform itself from a collection of 5,000-plus traditional stores to a nimble digital force under the eye of Chewy (CHWY) founder Ryan Cohen, who bought a 9% stake last year and assumed a board seat. Shares jumped 97.1% last week, to a recent $264, on the formation of a committee on the company’s reinvention.</p><p><blockquote>销售新的和二手视频游戏和游戏机的游戏驿站正试图在Chewy(CHWY)创始人Ryan Cohen的指导下将自己从5,000多家传统商店转型为灵活的数字力量,Ryan Cohen去年购买了9%的股份并担任董事会席位。随着公司重塑委员会的成立,股价上周上涨97.1%,至最近的264美元。</blockquote></p><p> Still, revenue was already trending down, from $9.2 billion in 2018 to $6.5 billion for 2020 and an estimated $5.2 billion for 2021. Analysts tracked by FactSet expect per-share losses for 2021 and 2022.</p><p><blockquote>尽管如此,收入已经呈下降趋势,从2018年的92亿美元降至2020年的65亿美元,预计2021年将达到52亿美元。FactSet追踪的分析师预计2021年和2022年每股亏损。</blockquote></p><p> Barron’s thought the shares looked pricey at $18 in January, and we haven’t changed our minds, given the monumental challenges ahead. GameStop said its committee will look for “identifying actions” to transform the company into a technology business.</p><p><blockquote>《巴伦周刊》认为该股1月份的价格为18美元,看起来很昂贵,考虑到未来的巨大挑战,我们没有改变主意。游戏驿站表示,其委员会将寻找“确定行动”,将公司转变为一家技术企业。</blockquote></p><p> AMC and Cinemark (CNK) both are getting new life, particularly with the opening of theaters in major markets like Los Angeles and New York City. AMC beat earnings expectations for the fourth quarter, and shares popped 40.4% this past week, to a recent $11.16. But Lightshed Partners’ Richard Greenfield says AMC’s debt load—equal to 8.3 times 2022 estimated earnings before interest, taxes, and amortization—makes the stock a Sell. His price target: one penny.</p><p><blockquote>AMC和喜满客(CNK)都获得了新生,特别是随着影院在洛杉矶和纽约市等主要市场的开业。AMC第四季度盈利超出预期,股价上周上涨40.4%,至近期11.16美元。但Lightshed Partners的理查德·格林菲尔德(Richard Greenfield)表示,AMC的债务负担相当于2022年预计息税摊销前利润的8.3倍,因此该股值得卖出。他的目标价格:一便士。</blockquote></p><p> AMC couldn’t be reached for comment.</p><p><blockquote>记者无法联系到AMC置评。</blockquote></p><p> Not all analysts are negative, but many point to AMC’s steeply rising costs, such as $450 million in deferred rent. AMC has been raising cash by selling shares and issuing convertible debt, and said in an earnings release Thursday that “we will continue to actively explore alternatives to raise additional capital and reduce our leverage.”</p><p><blockquote>并非所有分析师都持负面态度,但许多分析师指出AMC的成本急剧上升,例如4.5亿美元的递延租金。AMC一直在通过出售股票和发行可转换债券筹集现金,并在周四的财报中表示,“我们将继续积极探索筹集额外资本和降低杠杆的替代方案。”</blockquote></p><p> Cinemark has less debt; leverage is under five times 2022 Ebita, and it is selling a $405 million bond to retire some of it. Cinemark recently flexed its muscles with Hollywood, opting not to show Disney’s (DIS) Raya and the Last Dragon, denting premier weekend box-office sales for the studio.</p><p><blockquote>喜满客的债务较少;杠杆率低于2022年Ebita的五倍,该公司正在出售4.05亿美元的债券以收回其中一部分。喜满客最近向好莱坞展示了自己的实力,选择不放映迪士尼(DIS)的《拉亚》和《最后的龙》,削弱了该工作室首映周末的票房销售。</blockquote></p><p> Taking such a stand shows that theater chains still have some power, says Eric Wold of B. Riley Securities, who rates Cinemark a Buy. “This could force studios to take a closer look at distribution strategies,” he says.</p><p><blockquote>B.Riley Securities的埃里克·沃尔德(Eric Wold)表示,采取这样的立场表明连锁影院仍然拥有一定的实力,他将喜满客评级为买入。“这可能会迫使电影公司更仔细地审视发行策略,”他说。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop, AMC, and Cinemark Shares Have Been Whipsawed. What’s Ahead.<blockquote>游戏驿站、AMC和喜满客的股价遭受重创。前面是什么。</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\">\nGameStop, AMC, and Cinemark Shares Have Been Whipsawed. What’s Ahead.<blockquote>游戏驿站、AMC和喜满客的股价遭受重创。前面是什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">barrons</strong><span class=\"h-time small\">2021-03-15 18:49</span>\n</p>\n</h4>\n</header>\n<article>\n<p>For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a series of sickening lows and dizzying highs. Now that the worst appears to be over, they are moving to the next difficult phase: delivering a rebound.</p><p><blockquote>对于游戏驿站、AMC院线控股和喜满客控股来说,过去12个月是一系列令人作呕的低点和令人眼花缭乱的高点。现在,最糟糕的时期似乎已经过去,他们正在进入下一个困难阶段:实现反弹。</blockquote></p><p> All three are emerging from brutal pandemic lockdowns. GameStop (ticker: GME) and AMC (AMC) also made it through short squeezes and retail trading frenzies. Each is now maneuvering through what many consider permanent shifts in the way consumers shop and seek entertainment.</p><p><blockquote>这三个人都刚刚摆脱了残酷的疫情封锁。游戏驿站(股票代码:GME)和AMC(AMC)也经历了轧空和零售交易狂潮。每个公司现在都在经历许多人认为的消费者购物和寻求娱乐方式的永久性转变。</blockquote></p><p> The companies each have mapped out paths forward, but at least two of the stocks—Gamestop and AMC—are apt to face more struggles.</p><p><blockquote>两家公司都规划了前进的道路,但至少有两只股票——游戏驿站和AMC——可能会面临更多困境。</blockquote></p><p> GameStop, which sells new and used videogames and consoles, is trying to transform itself from a collection of 5,000-plus traditional stores to a nimble digital force under the eye of Chewy (CHWY) founder Ryan Cohen, who bought a 9% stake last year and assumed a board seat. Shares jumped 97.1% last week, to a recent $264, on the formation of a committee on the company’s reinvention.</p><p><blockquote>销售新的和二手视频游戏和游戏机的游戏驿站正试图在Chewy(CHWY)创始人Ryan Cohen的指导下将自己从5,000多家传统商店转型为灵活的数字力量,Ryan Cohen去年购买了9%的股份并担任董事会席位。随着公司重塑委员会的成立,股价上周上涨97.1%,至最近的264美元。</blockquote></p><p> Still, revenue was already trending down, from $9.2 billion in 2018 to $6.5 billion for 2020 and an estimated $5.2 billion for 2021. Analysts tracked by FactSet expect per-share losses for 2021 and 2022.</p><p><blockquote>尽管如此,收入已经呈下降趋势,从2018年的92亿美元降至2020年的65亿美元,预计2021年将达到52亿美元。FactSet追踪的分析师预计2021年和2022年每股亏损。</blockquote></p><p> Barron’s thought the shares looked pricey at $18 in January, and we haven’t changed our minds, given the monumental challenges ahead. GameStop said its committee will look for “identifying actions” to transform the company into a technology business.</p><p><blockquote>《巴伦周刊》认为该股1月份的价格为18美元,看起来很昂贵,考虑到未来的巨大挑战,我们没有改变主意。游戏驿站表示,其委员会将寻找“确定行动”,将公司转变为一家技术企业。</blockquote></p><p> AMC and Cinemark (CNK) both are getting new life, particularly with the opening of theaters in major markets like Los Angeles and New York City. AMC beat earnings expectations for the fourth quarter, and shares popped 40.4% this past week, to a recent $11.16. But Lightshed Partners’ Richard Greenfield says AMC’s debt load—equal to 8.3 times 2022 estimated earnings before interest, taxes, and amortization—makes the stock a Sell. His price target: one penny.</p><p><blockquote>AMC和喜满客(CNK)都获得了新生,特别是随着影院在洛杉矶和纽约市等主要市场的开业。AMC第四季度盈利超出预期,股价上周上涨40.4%,至近期11.16美元。但Lightshed Partners的理查德·格林菲尔德(Richard Greenfield)表示,AMC的债务负担相当于2022年预计息税摊销前利润的8.3倍,因此该股值得卖出。他的目标价格:一便士。</blockquote></p><p> AMC couldn’t be reached for comment.</p><p><blockquote>记者无法联系到AMC置评。</blockquote></p><p> Not all analysts are negative, but many point to AMC’s steeply rising costs, such as $450 million in deferred rent. AMC has been raising cash by selling shares and issuing convertible debt, and said in an earnings release Thursday that “we will continue to actively explore alternatives to raise additional capital and reduce our leverage.”</p><p><blockquote>并非所有分析师都持负面态度,但许多分析师指出AMC的成本急剧上升,例如4.5亿美元的递延租金。AMC一直在通过出售股票和发行可转换债券筹集现金,并在周四的财报中表示,“我们将继续积极探索筹集额外资本和降低杠杆的替代方案。”</blockquote></p><p> Cinemark has less debt; leverage is under five times 2022 Ebita, and it is selling a $405 million bond to retire some of it. Cinemark recently flexed its muscles with Hollywood, opting not to show Disney’s (DIS) Raya and the Last Dragon, denting premier weekend box-office sales for the studio.</p><p><blockquote>喜满客的债务较少;杠杆率低于2022年Ebita的五倍,该公司正在出售4.05亿美元的债券以收回其中一部分。喜满客最近向好莱坞展示了自己的实力,选择不放映迪士尼(DIS)的《拉亚》和《最后的龙》,削弱了该工作室首映周末的票房销售。</blockquote></p><p> Taking such a stand shows that theater chains still have some power, says Eric Wold of B. Riley Securities, who rates Cinemark a Buy. “This could force studios to take a closer look at distribution strategies,” he says.</p><p><blockquote>B.Riley Securities的埃里克·沃尔德(Eric Wold)表示,采取这样的立场表明连锁影院仍然拥有一定的实力,他将喜满客评级为买入。“这可能会迫使电影公司更仔细地审视发行策略,”他说。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/gamestop-amc-and-cinemark-could-see-more-turmoil-51615598763?mod=hp_DAY_13\">barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CNK":"喜满客影城","GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/gamestop-amc-and-cinemark-could-see-more-turmoil-51615598763?mod=hp_DAY_13","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158233246","content_text":"For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a series of sickening lows and dizzying highs. Now that the worst appears to be over, they are moving to the next difficult phase: delivering a rebound.\nAll three are emerging from brutal pandemic lockdowns. GameStop (ticker: GME) and AMC (AMC) also made it through short squeezes and retail trading frenzies. Each is now maneuvering through what many consider permanent shifts in the way consumers shop and seek entertainment.\nThe companies each have mapped out paths forward, but at least two of the stocks—Gamestop and AMC—are apt to face more struggles.\nGameStop, which sells new and used videogames and consoles, is trying to transform itself from a collection of 5,000-plus traditional stores to a nimble digital force under the eye of Chewy (CHWY) founder Ryan Cohen, who bought a 9% stake last year and assumed a board seat. Shares jumped 97.1% last week, to a recent $264, on the formation of a committee on the company’s reinvention.\nStill, revenue was already trending down, from $9.2 billion in 2018 to $6.5 billion for 2020 and an estimated $5.2 billion for 2021. Analysts tracked by FactSet expect per-share losses for 2021 and 2022.\nBarron’s thought the shares looked pricey at $18 in January, and we haven’t changed our minds, given the monumental challenges ahead. GameStop said its committee will look for “identifying actions” to transform the company into a technology business.\nAMC and Cinemark (CNK) both are getting new life, particularly with the opening of theaters in major markets like Los Angeles and New York City. AMC beat earnings expectations for the fourth quarter, and shares popped 40.4% this past week, to a recent $11.16. But Lightshed Partners’ Richard Greenfield says AMC’s debt load—equal to 8.3 times 2022 estimated earnings before interest, taxes, and amortization—makes the stock a Sell. His price target: one penny.\nAMC couldn’t be reached for comment.\nNot all analysts are negative, but many point to AMC’s steeply rising costs, such as $450 million in deferred rent. AMC has been raising cash by selling shares and issuing convertible debt, and said in an earnings release Thursday that “we will continue to actively explore alternatives to raise additional capital and reduce our leverage.”\nCinemark has less debt; leverage is under five times 2022 Ebita, and it is selling a $405 million bond to retire some of it. Cinemark recently flexed its muscles with Hollywood, opting not to show Disney’s (DIS) Raya and the Last Dragon, denting premier weekend box-office sales for the studio.\nTaking such a stand shows that theater chains still have some power, says Eric Wold of B. Riley Securities, who rates Cinemark a Buy. “This could force studios to take a closer look at distribution strategies,” he says.","news_type":1,"symbols_score_info":{"AMC":0.9,"CNK":0.9,"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322647020,"gmtCreate":1615806219760,"gmtModify":1703493245722,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/322647020","repostId":"1158233246","repostType":4,"repost":{"id":"1158233246","kind":"news","pubTimestamp":1615805387,"share":"https://www.laohu8.com/m/news/1158233246?lang=zh_CN&edition=full","pubTime":"2021-03-15 18:49","market":"us","language":"en","title":"GameStop, AMC, and Cinemark Shares Have Been Whipsawed. What’s Ahead.<blockquote>游戏驿站、AMC和喜满客的股价遭受重创。前面是什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158233246","media":"barrons","summary":"For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a seri","content":"<p>For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a series of sickening lows and dizzying highs. Now that the worst appears to be over, they are moving to the next difficult phase: delivering a rebound.</p><p><blockquote>对于游戏驿站、AMC院线控股和喜满客控股来说,过去12个月是一系列令人作呕的低点和令人眼花缭乱的高点。现在,最糟糕的时期似乎已经过去,他们正在进入下一个困难阶段:实现反弹。</blockquote></p><p> All three are emerging from brutal pandemic lockdowns. GameStop (ticker: GME) and AMC (AMC) also made it through short squeezes and retail trading frenzies. Each is now maneuvering through what many consider permanent shifts in the way consumers shop and seek entertainment.</p><p><blockquote>这三个人都刚刚摆脱了残酷的疫情封锁。游戏驿站(股票代码:GME)和AMC(AMC)也经历了轧空和零售交易狂潮。每个公司现在都在经历许多人认为的消费者购物和寻求娱乐方式的永久性转变。</blockquote></p><p> The companies each have mapped out paths forward, but at least two of the stocks—Gamestop and AMC—are apt to face more struggles.</p><p><blockquote>两家公司都规划了前进的道路,但至少有两只股票——游戏驿站和AMC——可能会面临更多困境。</blockquote></p><p> GameStop, which sells new and used videogames and consoles, is trying to transform itself from a collection of 5,000-plus traditional stores to a nimble digital force under the eye of Chewy (CHWY) founder Ryan Cohen, who bought a 9% stake last year and assumed a board seat. Shares jumped 97.1% last week, to a recent $264, on the formation of a committee on the company’s reinvention.</p><p><blockquote>销售新的和二手视频游戏和游戏机的游戏驿站正试图在Chewy(CHWY)创始人Ryan Cohen的指导下将自己从5,000多家传统商店转型为灵活的数字力量,Ryan Cohen去年购买了9%的股份并担任董事会席位。随着公司重塑委员会的成立,股价上周上涨97.1%,至最近的264美元。</blockquote></p><p> Still, revenue was already trending down, from $9.2 billion in 2018 to $6.5 billion for 2020 and an estimated $5.2 billion for 2021. Analysts tracked by FactSet expect per-share losses for 2021 and 2022.</p><p><blockquote>尽管如此,收入已经呈下降趋势,从2018年的92亿美元降至2020年的65亿美元,预计2021年将达到52亿美元。FactSet追踪的分析师预计2021年和2022年每股亏损。</blockquote></p><p> Barron’s thought the shares looked pricey at $18 in January, and we haven’t changed our minds, given the monumental challenges ahead. GameStop said its committee will look for “identifying actions” to transform the company into a technology business.</p><p><blockquote>《巴伦周刊》认为该股1月份的价格为18美元,看起来很昂贵,考虑到未来的巨大挑战,我们没有改变主意。游戏驿站表示,其委员会将寻找“确定行动”,将公司转变为一家技术企业。</blockquote></p><p> AMC and Cinemark (CNK) both are getting new life, particularly with the opening of theaters in major markets like Los Angeles and New York City. AMC beat earnings expectations for the fourth quarter, and shares popped 40.4% this past week, to a recent $11.16. But Lightshed Partners’ Richard Greenfield says AMC’s debt load—equal to 8.3 times 2022 estimated earnings before interest, taxes, and amortization—makes the stock a Sell. His price target: one penny.</p><p><blockquote>AMC和喜满客(CNK)都获得了新生,特别是随着影院在洛杉矶和纽约市等主要市场的开业。AMC第四季度盈利超出预期,股价上周上涨40.4%,至近期11.16美元。但Lightshed Partners的理查德·格林菲尔德(Richard Greenfield)表示,AMC的债务负担相当于2022年预计息税摊销前利润的8.3倍,因此该股值得卖出。他的目标价格:一便士。</blockquote></p><p> AMC couldn’t be reached for comment.</p><p><blockquote>记者无法联系到AMC置评。</blockquote></p><p> Not all analysts are negative, but many point to AMC’s steeply rising costs, such as $450 million in deferred rent. AMC has been raising cash by selling shares and issuing convertible debt, and said in an earnings release Thursday that “we will continue to actively explore alternatives to raise additional capital and reduce our leverage.”</p><p><blockquote>并非所有分析师都持负面态度,但许多分析师指出AMC的成本急剧上升,例如4.5亿美元的递延租金。AMC一直在通过出售股票和发行可转换债券筹集现金,并在周四的财报中表示,“我们将继续积极探索筹集额外资本和降低杠杆的替代方案。”</blockquote></p><p> Cinemark has less debt; leverage is under five times 2022 Ebita, and it is selling a $405 million bond to retire some of it. Cinemark recently flexed its muscles with Hollywood, opting not to show Disney’s (DIS) Raya and the Last Dragon, denting premier weekend box-office sales for the studio.</p><p><blockquote>喜满客的债务较少;杠杆率低于2022年Ebita的五倍,该公司正在出售4.05亿美元的债券以收回其中一部分。喜满客最近向好莱坞展示了自己的实力,选择不放映迪士尼(DIS)的《拉亚》和《最后的龙》,削弱了该工作室首映周末的票房销售。</blockquote></p><p> Taking such a stand shows that theater chains still have some power, says Eric Wold of B. Riley Securities, who rates Cinemark a Buy. “This could force studios to take a closer look at distribution strategies,” he says.</p><p><blockquote>B.Riley Securities的埃里克·沃尔德(Eric Wold)表示,采取这样的立场表明连锁影院仍然拥有一定的实力,他将喜满客评级为买入。“这可能会迫使电影公司更仔细地审视发行策略,”他说。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop, AMC, and Cinemark Shares Have Been Whipsawed. What’s Ahead.<blockquote>游戏驿站、AMC和喜满客的股价遭受重创。前面是什么。</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\">\nGameStop, AMC, and Cinemark Shares Have Been Whipsawed. What’s Ahead.<blockquote>游戏驿站、AMC和喜满客的股价遭受重创。前面是什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">barrons</strong><span class=\"h-time small\">2021-03-15 18:49</span>\n</p>\n</h4>\n</header>\n<article>\n<p>For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a series of sickening lows and dizzying highs. Now that the worst appears to be over, they are moving to the next difficult phase: delivering a rebound.</p><p><blockquote>对于游戏驿站、AMC院线控股和喜满客控股来说,过去12个月是一系列令人作呕的低点和令人眼花缭乱的高点。现在,最糟糕的时期似乎已经过去,他们正在进入下一个困难阶段:实现反弹。</blockquote></p><p> All three are emerging from brutal pandemic lockdowns. GameStop (ticker: GME) and AMC (AMC) also made it through short squeezes and retail trading frenzies. Each is now maneuvering through what many consider permanent shifts in the way consumers shop and seek entertainment.</p><p><blockquote>这三个人都刚刚摆脱了残酷的疫情封锁。游戏驿站(股票代码:GME)和AMC(AMC)也经历了轧空和零售交易狂潮。每个公司现在都在经历许多人认为的消费者购物和寻求娱乐方式的永久性转变。</blockquote></p><p> The companies each have mapped out paths forward, but at least two of the stocks—Gamestop and AMC—are apt to face more struggles.</p><p><blockquote>两家公司都规划了前进的道路,但至少有两只股票——游戏驿站和AMC——可能会面临更多困境。</blockquote></p><p> GameStop, which sells new and used videogames and consoles, is trying to transform itself from a collection of 5,000-plus traditional stores to a nimble digital force under the eye of Chewy (CHWY) founder Ryan Cohen, who bought a 9% stake last year and assumed a board seat. Shares jumped 97.1% last week, to a recent $264, on the formation of a committee on the company’s reinvention.</p><p><blockquote>销售新的和二手视频游戏和游戏机的游戏驿站正试图在Chewy(CHWY)创始人Ryan Cohen的指导下将自己从5,000多家传统商店转型为灵活的数字力量,Ryan Cohen去年购买了9%的股份并担任董事会席位。随着公司重塑委员会的成立,股价上周上涨97.1%,至最近的264美元。</blockquote></p><p> Still, revenue was already trending down, from $9.2 billion in 2018 to $6.5 billion for 2020 and an estimated $5.2 billion for 2021. Analysts tracked by FactSet expect per-share losses for 2021 and 2022.</p><p><blockquote>尽管如此,收入已经呈下降趋势,从2018年的92亿美元降至2020年的65亿美元,预计2021年将达到52亿美元。FactSet追踪的分析师预计2021年和2022年每股亏损。</blockquote></p><p> Barron’s thought the shares looked pricey at $18 in January, and we haven’t changed our minds, given the monumental challenges ahead. GameStop said its committee will look for “identifying actions” to transform the company into a technology business.</p><p><blockquote>《巴伦周刊》认为该股1月份的价格为18美元,看起来很昂贵,考虑到未来的巨大挑战,我们没有改变主意。游戏驿站表示,其委员会将寻找“确定行动”,将公司转变为一家技术企业。</blockquote></p><p> AMC and Cinemark (CNK) both are getting new life, particularly with the opening of theaters in major markets like Los Angeles and New York City. AMC beat earnings expectations for the fourth quarter, and shares popped 40.4% this past week, to a recent $11.16. But Lightshed Partners’ Richard Greenfield says AMC’s debt load—equal to 8.3 times 2022 estimated earnings before interest, taxes, and amortization—makes the stock a Sell. His price target: one penny.</p><p><blockquote>AMC和喜满客(CNK)都获得了新生,特别是随着影院在洛杉矶和纽约市等主要市场的开业。AMC第四季度盈利超出预期,股价上周上涨40.4%,至近期11.16美元。但Lightshed Partners的理查德·格林菲尔德(Richard Greenfield)表示,AMC的债务负担相当于2022年预计息税摊销前利润的8.3倍,因此该股值得卖出。他的目标价格:一便士。</blockquote></p><p> AMC couldn’t be reached for comment.</p><p><blockquote>记者无法联系到AMC置评。</blockquote></p><p> Not all analysts are negative, but many point to AMC’s steeply rising costs, such as $450 million in deferred rent. AMC has been raising cash by selling shares and issuing convertible debt, and said in an earnings release Thursday that “we will continue to actively explore alternatives to raise additional capital and reduce our leverage.”</p><p><blockquote>并非所有分析师都持负面态度,但许多分析师指出AMC的成本急剧上升,例如4.5亿美元的递延租金。AMC一直在通过出售股票和发行可转换债券筹集现金,并在周四的财报中表示,“我们将继续积极探索筹集额外资本和降低杠杆的替代方案。”</blockquote></p><p> Cinemark has less debt; leverage is under five times 2022 Ebita, and it is selling a $405 million bond to retire some of it. Cinemark recently flexed its muscles with Hollywood, opting not to show Disney’s (DIS) Raya and the Last Dragon, denting premier weekend box-office sales for the studio.</p><p><blockquote>喜满客的债务较少;杠杆率低于2022年Ebita的五倍,该公司正在出售4.05亿美元的债券以收回其中一部分。喜满客最近向好莱坞展示了自己的实力,选择不放映迪士尼(DIS)的《拉亚》和《最后的龙》,削弱了该工作室首映周末的票房销售。</blockquote></p><p> Taking such a stand shows that theater chains still have some power, says Eric Wold of B. Riley Securities, who rates Cinemark a Buy. “This could force studios to take a closer look at distribution strategies,” he says.</p><p><blockquote>B.Riley Securities的埃里克·沃尔德(Eric Wold)表示,采取这样的立场表明连锁影院仍然拥有一定的实力,他将喜满客评级为买入。“这可能会迫使电影公司更仔细地审视发行策略,”他说。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/gamestop-amc-and-cinemark-could-see-more-turmoil-51615598763?mod=hp_DAY_13\">barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CNK":"喜满客影城","GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/gamestop-amc-and-cinemark-could-see-more-turmoil-51615598763?mod=hp_DAY_13","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158233246","content_text":"For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a series of sickening lows and dizzying highs. Now that the worst appears to be over, they are moving to the next difficult phase: delivering a rebound.\nAll three are emerging from brutal pandemic lockdowns. GameStop (ticker: GME) and AMC (AMC) also made it through short squeezes and retail trading frenzies. Each is now maneuvering through what many consider permanent shifts in the way consumers shop and seek entertainment.\nThe companies each have mapped out paths forward, but at least two of the stocks—Gamestop and AMC—are apt to face more struggles.\nGameStop, which sells new and used videogames and consoles, is trying to transform itself from a collection of 5,000-plus traditional stores to a nimble digital force under the eye of Chewy (CHWY) founder Ryan Cohen, who bought a 9% stake last year and assumed a board seat. Shares jumped 97.1% last week, to a recent $264, on the formation of a committee on the company’s reinvention.\nStill, revenue was already trending down, from $9.2 billion in 2018 to $6.5 billion for 2020 and an estimated $5.2 billion for 2021. Analysts tracked by FactSet expect per-share losses for 2021 and 2022.\nBarron’s thought the shares looked pricey at $18 in January, and we haven’t changed our minds, given the monumental challenges ahead. GameStop said its committee will look for “identifying actions” to transform the company into a technology business.\nAMC and Cinemark (CNK) both are getting new life, particularly with the opening of theaters in major markets like Los Angeles and New York City. AMC beat earnings expectations for the fourth quarter, and shares popped 40.4% this past week, to a recent $11.16. But Lightshed Partners’ Richard Greenfield says AMC’s debt load—equal to 8.3 times 2022 estimated earnings before interest, taxes, and amortization—makes the stock a Sell. His price target: one penny.\nAMC couldn’t be reached for comment.\nNot all analysts are negative, but many point to AMC’s steeply rising costs, such as $450 million in deferred rent. AMC has been raising cash by selling shares and issuing convertible debt, and said in an earnings release Thursday that “we will continue to actively explore alternatives to raise additional capital and reduce our leverage.”\nCinemark has less debt; leverage is under five times 2022 Ebita, and it is selling a $405 million bond to retire some of it. Cinemark recently flexed its muscles with Hollywood, opting not to show Disney’s (DIS) Raya and the Last Dragon, denting premier weekend box-office sales for the studio.\nTaking such a stand shows that theater chains still have some power, says Eric Wold of B. Riley Securities, who rates Cinemark a Buy. “This could force studios to take a closer look at distribution strategies,” he says.","news_type":1,"symbols_score_info":{"AMC":0.9,"CNK":0.9,"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326420281,"gmtCreate":1615699151743,"gmtModify":1703492211727,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Could it?","listText":"Could it?","text":"Could it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/326420281","repostId":"2118630979","repostType":4,"isVote":1,"tweetType":1,"viewCount":675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":355348342,"gmtCreate":1617030856886,"gmtModify":1634523010410,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Asd","listText":"Asd","text":"Asd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/355348342","repostId":"1165495068","repostType":4,"isVote":1,"tweetType":1,"viewCount":1441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367370379,"gmtCreate":1614914785091,"gmtModify":1703482917481,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Go china go","listText":"Go china go","text":"Go china go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/367370379","repostId":"2117950085","repostType":4,"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364828281,"gmtCreate":1614836486743,"gmtModify":1703481766391,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Hope the market picks up on Friday","listText":"Hope the market picks up on Friday","text":"Hope the market picks up on Friday","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/364828281","repostId":"2116252489","repostType":4,"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320506412,"gmtCreate":1615131257436,"gmtModify":1703484909040,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"No...","listText":"No...","text":"No...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/320506412","repostId":"1169596583","repostType":4,"repost":{"id":"1169596583","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614958557,"share":"https://www.laohu8.com/m/news/1169596583?lang=zh_CN&edition=full","pubTime":"2021-03-05 23:35","market":"us","language":"en","title":"Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169596583","media":"老虎资讯综合","summary":"(March 5) Palantir plunged more than 13%.","content":"<p>(March 5) Palantir plunged more than 13%.</p><p><blockquote>(3月5日)Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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\">\nPalantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-05 23:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 5) Palantir plunged more than 13%.</p><p><blockquote>(3月5日)Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169596583","content_text":"(March 5) Palantir plunged more than 13%.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355251646,"gmtCreate":1617078452385,"gmtModify":1634522777067,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"GG","listText":"GG","text":"GG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/355251646","repostId":"2123126131","repostType":4,"isVote":1,"tweetType":1,"viewCount":2084,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324806552,"gmtCreate":1615979529376,"gmtModify":1703495830132,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Come on","listText":"Come on","text":"Come on","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/324806552","repostId":"1184627788","repostType":4,"repost":{"id":"1184627788","kind":"news","pubTimestamp":1615977401,"share":"https://www.laohu8.com/m/news/1184627788?lang=zh_CN&edition=full","pubTime":"2021-03-17 18:36","market":"us","language":"en","title":"The Fed must chart a new course as the economy strengthens.<blockquote>随着经济走强,美联储必须制定新的路线。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184627788","media":"NewYork Times","summary":"The Federal Reserve is meeting as vaccines and a nearly $1.9 trillion recovery package raise expecta","content":"<p> The Federal Reserve is meeting as vaccines and a nearly $1.9 trillion recovery package raise expectations for growth, and analysts want to see how that changes policy forecasts. The Federal Reserve is staring down a challenge that would have been all but unthinkable a year ago: With its policies seton emergency modeto bolster growth in the face of the pandemic’s shock, it must now navigate an economy that is expected to strengthen rapidly in the coming months.</p><p><blockquote>美联储召开会议之际,疫苗和近1.9万亿美元的复苏计划提高了对增长的预期,分析师希望看到这将如何改变政策预测。美联储正在应对一个一年前几乎不可想象的挑战:面对疫情的冲击,美联储采取了紧急模式来提振经济增长,现在必须应对预计未来几个月将迅速走强的经济。</blockquote></p><p> Officials will release an interest rate policy decision and their first economic projections of 2021 at 2 p.m. on Wednesday, and they are virtually certain to leave borrowing costs unchanged at near zero.</p><p><blockquote>官员们将于下午2点发布利率政策决定和2021年的首次经济预测。周三,他们几乎肯定会将借贷成本保持在接近零的水平不变。</blockquote></p><p> But analysts and Wall Street investors alike are eager to see whether growing economic optimism will shake up the outlook for policy in the months and years ahead.</p><p><blockquote>但分析师和华尔街投资者都渴望看到日益增长的经济乐观情绪是否会动摇未来几个月和几年的政策前景。</blockquote></p><p> The Fedslashed interest rates to rock bottoma year ago as the pandemic shut down huge swaths of the economy. It has also been buying $120 billion in bonds per month, a policy meant to keep credit cheap and help the economy rebound from a virus that has thrown millions out of work.</p><p><blockquote>一年前,由于疫情导致大部分经济关闭,美联储将利率降至谷底。它还每月购买1200亿美元的债券,这一政策旨在保持信贷廉价并帮助经济从导致数百万人失业的病毒中反弹。</blockquote></p><p> Jerome H. Powell, the Fed chair, has been clear for months that officials expect to be patient in removing that policy help — a cautious tone that he is expected to maintain at a news conference on Wednesday.</p><p><blockquote>美联储主席杰罗姆·H·鲍威尔(Jerome H.Powell)几个月来一直明确表示,官员们希望在取消政策帮助方面保持耐心——预计他将在周三的新闻发布会上保持谨慎的语气。</blockquote></p><p> “This is one of the most critical Fed meetings we’ve had in a while,” said Michelle Meyer, head of U.S. economists at Bank of America Merrill Lynch. “Markets are really paying attention, and they’re going to dissect everything he says.”</p><p><blockquote>美银美林美国经济学家主管米歇尔·迈耶表示:“这是我们一段时间以来举行的最关键的美联储会议之一。”“市场确实在关注,他们将剖析他所说的一切。”</blockquote></p><p> That’s because theeconomic backdrop is shifting. Coronavirus vaccines are fueling hopes for reopening parts of the service sector. A freshly signed stimulus package will pump $1.9 trillion into the economy, with an eye on preventing evictions, funneling cash to parents and putting $1,400 checks directly into bank accounts.</p><p><blockquote>这是因为经济背景正在发生变化。冠状病毒疫苗燃起了重新开放部分服务业的希望。新签署的刺激计划将向经济注入1.9万亿美元,着眼于防止驱逐,向父母提供现金,并将1400美元的支票直接存入银行账户。</blockquote></p><p> Against that improving backdrop, economists in aBloomberg surveyexpect the Fed to increase rates twice in 2023, the news outlet reported. In December, they typically expected rates to remain on hold until 2024 or later.</p><p><blockquote>据新闻媒体报道,在这种改善的背景下,彭博社调查的经济学家预计美联储将在2023年加息两次。去年12月,他们通常预计利率将保持不变,直到2024年或更晚。</blockquote></p><p> As investors expect faster growth,higher inflationand a quicker-moving Fed, they have pushed up the yield on 10-year Treasury notes. That has weighed on stock indexes, which tend to fall when rates rise.</p><p><blockquote>由于投资者预期经济增长更快、通胀更高以及美联储行动更快,他们推高了10年期国债收益率。这给股指带来了压力,当利率上升时,股指往往会下跌。</blockquote></p><p> The Fed’s economic projections — which anonymously report officials’ forecasts for interest rates, unemployment, inflation and growth both through 2023 and in the longer run — could show a shift when they are released on Wednesday.</p><p><blockquote>美联储的经济预测——匿名报告了官员对2023年及更长期利率、失业、通胀和增长的预测——在周三发布时可能会出现转变。</blockquote></p><p> Wall Street will pay particular attention to the inflation forecast and the policy rate path. The Fed’s median interest rate forecast previously showed no rate increases over the next three years, but analysts expect that officials could now pencil in one move in 2023.</p><p><blockquote>华尔街将特别关注通胀预测和政策利率路径。美联储的利率预测中值此前显示未来三年不会加息,但分析师预计,官员们现在可能会在2023年采取一项举措。</blockquote></p><p></p>","source":"lsy1605590967916","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed must chart a new course as the economy strengthens.<blockquote>随着经济走强,美联储必须制定新的路线。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed must chart a new course as the economy strengthens.<blockquote>随着经济走强,美联储必须制定新的路线。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">NewYork Times</strong><span class=\"h-time small\">2021-03-17 18:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p> The Federal Reserve is meeting as vaccines and a nearly $1.9 trillion recovery package raise expectations for growth, and analysts want to see how that changes policy forecasts. The Federal Reserve is staring down a challenge that would have been all but unthinkable a year ago: With its policies seton emergency modeto bolster growth in the face of the pandemic’s shock, it must now navigate an economy that is expected to strengthen rapidly in the coming months.</p><p><blockquote>美联储召开会议之际,疫苗和近1.9万亿美元的复苏计划提高了对增长的预期,分析师希望看到这将如何改变政策预测。美联储正在应对一个一年前几乎不可想象的挑战:面对疫情的冲击,美联储采取了紧急模式来提振经济增长,现在必须应对预计未来几个月将迅速走强的经济。</blockquote></p><p> Officials will release an interest rate policy decision and their first economic projections of 2021 at 2 p.m. on Wednesday, and they are virtually certain to leave borrowing costs unchanged at near zero.</p><p><blockquote>官员们将于下午2点发布利率政策决定和2021年的首次经济预测。周三,他们几乎肯定会将借贷成本保持在接近零的水平不变。</blockquote></p><p> But analysts and Wall Street investors alike are eager to see whether growing economic optimism will shake up the outlook for policy in the months and years ahead.</p><p><blockquote>但分析师和华尔街投资者都渴望看到日益增长的经济乐观情绪是否会动摇未来几个月和几年的政策前景。</blockquote></p><p> The Fedslashed interest rates to rock bottoma year ago as the pandemic shut down huge swaths of the economy. It has also been buying $120 billion in bonds per month, a policy meant to keep credit cheap and help the economy rebound from a virus that has thrown millions out of work.</p><p><blockquote>一年前,由于疫情导致大部分经济关闭,美联储将利率降至谷底。它还每月购买1200亿美元的债券,这一政策旨在保持信贷廉价并帮助经济从导致数百万人失业的病毒中反弹。</blockquote></p><p> Jerome H. Powell, the Fed chair, has been clear for months that officials expect to be patient in removing that policy help — a cautious tone that he is expected to maintain at a news conference on Wednesday.</p><p><blockquote>美联储主席杰罗姆·H·鲍威尔(Jerome H.Powell)几个月来一直明确表示,官员们希望在取消政策帮助方面保持耐心——预计他将在周三的新闻发布会上保持谨慎的语气。</blockquote></p><p> “This is one of the most critical Fed meetings we’ve had in a while,” said Michelle Meyer, head of U.S. economists at Bank of America Merrill Lynch. “Markets are really paying attention, and they’re going to dissect everything he says.”</p><p><blockquote>美银美林美国经济学家主管米歇尔·迈耶表示:“这是我们一段时间以来举行的最关键的美联储会议之一。”“市场确实在关注,他们将剖析他所说的一切。”</blockquote></p><p> That’s because theeconomic backdrop is shifting. Coronavirus vaccines are fueling hopes for reopening parts of the service sector. A freshly signed stimulus package will pump $1.9 trillion into the economy, with an eye on preventing evictions, funneling cash to parents and putting $1,400 checks directly into bank accounts.</p><p><blockquote>这是因为经济背景正在发生变化。冠状病毒疫苗燃起了重新开放部分服务业的希望。新签署的刺激计划将向经济注入1.9万亿美元,着眼于防止驱逐,向父母提供现金,并将1400美元的支票直接存入银行账户。</blockquote></p><p> Against that improving backdrop, economists in aBloomberg surveyexpect the Fed to increase rates twice in 2023, the news outlet reported. In December, they typically expected rates to remain on hold until 2024 or later.</p><p><blockquote>据新闻媒体报道,在这种改善的背景下,彭博社调查的经济学家预计美联储将在2023年加息两次。去年12月,他们通常预计利率将保持不变,直到2024年或更晚。</blockquote></p><p> As investors expect faster growth,higher inflationand a quicker-moving Fed, they have pushed up the yield on 10-year Treasury notes. That has weighed on stock indexes, which tend to fall when rates rise.</p><p><blockquote>由于投资者预期经济增长更快、通胀更高以及美联储行动更快,他们推高了10年期国债收益率。这给股指带来了压力,当利率上升时,股指往往会下跌。</blockquote></p><p> The Fed’s economic projections — which anonymously report officials’ forecasts for interest rates, unemployment, inflation and growth both through 2023 and in the longer run — could show a shift when they are released on Wednesday.</p><p><blockquote>美联储的经济预测——匿名报告了官员对2023年及更长期利率、失业、通胀和增长的预测——在周三发布时可能会出现转变。</blockquote></p><p> Wall Street will pay particular attention to the inflation forecast and the policy rate path. The Fed’s median interest rate forecast previously showed no rate increases over the next three years, but analysts expect that officials could now pencil in one move in 2023.</p><p><blockquote>华尔街将特别关注通胀预测和政策利率路径。美联储的利率预测中值此前显示未来三年不会加息,但分析师预计,官员们现在可能会在2023年采取一项举措。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.nytimes.com/2021/03/17/business/federal-reserve-meeting.html\">NewYork Times</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.nytimes.com/2021/03/17/business/federal-reserve-meeting.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184627788","content_text":"The Federal Reserve is meeting as vaccines and a nearly $1.9 trillion recovery package raise expectations for growth, and analysts want to see how that changes policy forecasts.\n\nThe Federal Reserve is staring down a challenge that would have been all but unthinkable a year ago: With its policies seton emergency modeto bolster growth in the face of the pandemic’s shock, it must now navigate an economy that is expected to strengthen rapidly in the coming months.\nOfficials will release an interest rate policy decision and their first economic projections of 2021 at 2 p.m. on Wednesday, and they are virtually certain to leave borrowing costs unchanged at near zero.\nBut analysts and Wall Street investors alike are eager to see whether growing economic optimism will shake up the outlook for policy in the months and years ahead.\nThe Fedslashed interest rates to rock bottoma year ago as the pandemic shut down huge swaths of the economy. It has also been buying $120 billion in bonds per month, a policy meant to keep credit cheap and help the economy rebound from a virus that has thrown millions out of work.\nJerome H. Powell, the Fed chair, has been clear for months that officials expect to be patient in removing that policy help — a cautious tone that he is expected to maintain at a news conference on Wednesday.\n“This is one of the most critical Fed meetings we’ve had in a while,” said Michelle Meyer, head of U.S. economists at Bank of America Merrill Lynch. “Markets are really paying attention, and they’re going to dissect everything he says.”\nThat’s because theeconomic backdrop is shifting. Coronavirus vaccines are fueling hopes for reopening parts of the service sector. A freshly signed stimulus package will pump $1.9 trillion into the economy, with an eye on preventing evictions, funneling cash to parents and putting $1,400 checks directly into bank accounts.\nAgainst that improving backdrop, economists in aBloomberg surveyexpect the Fed to increase rates twice in 2023, the news outlet reported. In December, they typically expected rates to remain on hold until 2024 or later.\nAs investors expect faster growth,higher inflationand a quicker-moving Fed, they have pushed up the yield on 10-year Treasury notes. That has weighed on stock indexes, which tend to fall when rates rise.\nThe Fed’s economic projections — which anonymously report officials’ forecasts for interest rates, unemployment, inflation and growth both through 2023 and in the longer run — could show a shift when they are released on Wednesday.\nWall Street will pay particular attention to the inflation forecast and the policy rate path. The Fed’s median interest rate forecast previously showed no rate increases over the next three years, but analysts expect that officials could now pencil in one move in 2023.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322647455,"gmtCreate":1615806239077,"gmtModify":1703493246937,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/322647455","repostId":"1158233246","repostType":4,"repost":{"id":"1158233246","kind":"news","pubTimestamp":1615805387,"share":"https://www.laohu8.com/m/news/1158233246?lang=zh_CN&edition=full","pubTime":"2021-03-15 18:49","market":"us","language":"en","title":"GameStop, AMC, and Cinemark Shares Have Been Whipsawed. What’s Ahead.<blockquote>游戏驿站、AMC和喜满客的股价遭受重创。前面是什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158233246","media":"barrons","summary":"For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a seri","content":"<p>For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a series of sickening lows and dizzying highs. Now that the worst appears to be over, they are moving to the next difficult phase: delivering a rebound.</p><p><blockquote>对于游戏驿站、AMC院线控股和喜满客控股来说,过去12个月是一系列令人作呕的低点和令人眼花缭乱的高点。现在,最糟糕的时期似乎已经过去,他们正在进入下一个困难阶段:实现反弹。</blockquote></p><p> All three are emerging from brutal pandemic lockdowns. GameStop (ticker: GME) and AMC (AMC) also made it through short squeezes and retail trading frenzies. Each is now maneuvering through what many consider permanent shifts in the way consumers shop and seek entertainment.</p><p><blockquote>这三个人都刚刚摆脱了残酷的疫情封锁。游戏驿站(股票代码:GME)和AMC(AMC)也经历了轧空和零售交易狂潮。每个公司现在都在经历许多人认为的消费者购物和寻求娱乐方式的永久性转变。</blockquote></p><p> The companies each have mapped out paths forward, but at least two of the stocks—Gamestop and AMC—are apt to face more struggles.</p><p><blockquote>两家公司都规划了前进的道路,但至少有两只股票——游戏驿站和AMC——可能会面临更多困境。</blockquote></p><p> GameStop, which sells new and used videogames and consoles, is trying to transform itself from a collection of 5,000-plus traditional stores to a nimble digital force under the eye of Chewy (CHWY) founder Ryan Cohen, who bought a 9% stake last year and assumed a board seat. Shares jumped 97.1% last week, to a recent $264, on the formation of a committee on the company’s reinvention.</p><p><blockquote>销售新的和二手视频游戏和游戏机的游戏驿站正试图在Chewy(CHWY)创始人Ryan Cohen的指导下将自己从5,000多家传统商店转型为灵活的数字力量,Ryan Cohen去年购买了9%的股份并担任董事会席位。随着公司重塑委员会的成立,股价上周上涨97.1%,至最近的264美元。</blockquote></p><p> Still, revenue was already trending down, from $9.2 billion in 2018 to $6.5 billion for 2020 and an estimated $5.2 billion for 2021. Analysts tracked by FactSet expect per-share losses for 2021 and 2022.</p><p><blockquote>尽管如此,收入已经呈下降趋势,从2018年的92亿美元降至2020年的65亿美元,预计2021年将达到52亿美元。FactSet追踪的分析师预计2021年和2022年每股亏损。</blockquote></p><p> Barron’s thought the shares looked pricey at $18 in January, and we haven’t changed our minds, given the monumental challenges ahead. GameStop said its committee will look for “identifying actions” to transform the company into a technology business.</p><p><blockquote>《巴伦周刊》认为该股1月份的价格为18美元,看起来很昂贵,考虑到未来的巨大挑战,我们没有改变主意。游戏驿站表示,其委员会将寻找“确定行动”,将公司转变为一家技术企业。</blockquote></p><p> AMC and Cinemark (CNK) both are getting new life, particularly with the opening of theaters in major markets like Los Angeles and New York City. AMC beat earnings expectations for the fourth quarter, and shares popped 40.4% this past week, to a recent $11.16. But Lightshed Partners’ Richard Greenfield says AMC’s debt load—equal to 8.3 times 2022 estimated earnings before interest, taxes, and amortization—makes the stock a Sell. His price target: one penny.</p><p><blockquote>AMC和喜满客(CNK)都获得了新生,特别是随着影院在洛杉矶和纽约市等主要市场的开业。AMC第四季度盈利超出预期,股价上周上涨40.4%,至近期11.16美元。但Lightshed Partners的理查德·格林菲尔德(Richard Greenfield)表示,AMC的债务负担相当于2022年预计息税摊销前利润的8.3倍,因此该股值得卖出。他的目标价格:一便士。</blockquote></p><p> AMC couldn’t be reached for comment.</p><p><blockquote>记者无法联系到AMC置评。</blockquote></p><p> Not all analysts are negative, but many point to AMC’s steeply rising costs, such as $450 million in deferred rent. AMC has been raising cash by selling shares and issuing convertible debt, and said in an earnings release Thursday that “we will continue to actively explore alternatives to raise additional capital and reduce our leverage.”</p><p><blockquote>并非所有分析师都持负面态度,但许多分析师指出AMC的成本急剧上升,例如4.5亿美元的递延租金。AMC一直在通过出售股票和发行可转换债券筹集现金,并在周四的财报中表示,“我们将继续积极探索筹集额外资本和降低杠杆的替代方案。”</blockquote></p><p> Cinemark has less debt; leverage is under five times 2022 Ebita, and it is selling a $405 million bond to retire some of it. Cinemark recently flexed its muscles with Hollywood, opting not to show Disney’s (DIS) Raya and the Last Dragon, denting premier weekend box-office sales for the studio.</p><p><blockquote>喜满客的债务较少;杠杆率低于2022年Ebita的五倍,该公司正在出售4.05亿美元的债券以收回其中一部分。喜满客最近向好莱坞展示了自己的实力,选择不放映迪士尼(DIS)的《拉亚》和《最后的龙》,削弱了该工作室首映周末的票房销售。</blockquote></p><p> Taking such a stand shows that theater chains still have some power, says Eric Wold of B. Riley Securities, who rates Cinemark a Buy. “This could force studios to take a closer look at distribution strategies,” he says.</p><p><blockquote>B.Riley Securities的埃里克·沃尔德(Eric Wold)表示,采取这样的立场表明连锁影院仍然拥有一定的实力,他将喜满客评级为买入。“这可能会迫使电影公司更仔细地审视发行策略,”他说。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop, AMC, and Cinemark Shares Have Been Whipsawed. What’s Ahead.<blockquote>游戏驿站、AMC和喜满客的股价遭受重创。前面是什么。</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\">\nGameStop, AMC, and Cinemark Shares Have Been Whipsawed. What’s Ahead.<blockquote>游戏驿站、AMC和喜满客的股价遭受重创。前面是什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">barrons</strong><span class=\"h-time small\">2021-03-15 18:49</span>\n</p>\n</h4>\n</header>\n<article>\n<p>For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a series of sickening lows and dizzying highs. Now that the worst appears to be over, they are moving to the next difficult phase: delivering a rebound.</p><p><blockquote>对于游戏驿站、AMC院线控股和喜满客控股来说,过去12个月是一系列令人作呕的低点和令人眼花缭乱的高点。现在,最糟糕的时期似乎已经过去,他们正在进入下一个困难阶段:实现反弹。</blockquote></p><p> All three are emerging from brutal pandemic lockdowns. GameStop (ticker: GME) and AMC (AMC) also made it through short squeezes and retail trading frenzies. Each is now maneuvering through what many consider permanent shifts in the way consumers shop and seek entertainment.</p><p><blockquote>这三个人都刚刚摆脱了残酷的疫情封锁。游戏驿站(股票代码:GME)和AMC(AMC)也经历了轧空和零售交易狂潮。每个公司现在都在经历许多人认为的消费者购物和寻求娱乐方式的永久性转变。</blockquote></p><p> The companies each have mapped out paths forward, but at least two of the stocks—Gamestop and AMC—are apt to face more struggles.</p><p><blockquote>两家公司都规划了前进的道路,但至少有两只股票——游戏驿站和AMC——可能会面临更多困境。</blockquote></p><p> GameStop, which sells new and used videogames and consoles, is trying to transform itself from a collection of 5,000-plus traditional stores to a nimble digital force under the eye of Chewy (CHWY) founder Ryan Cohen, who bought a 9% stake last year and assumed a board seat. Shares jumped 97.1% last week, to a recent $264, on the formation of a committee on the company’s reinvention.</p><p><blockquote>销售新的和二手视频游戏和游戏机的游戏驿站正试图在Chewy(CHWY)创始人Ryan Cohen的指导下将自己从5,000多家传统商店转型为灵活的数字力量,Ryan Cohen去年购买了9%的股份并担任董事会席位。随着公司重塑委员会的成立,股价上周上涨97.1%,至最近的264美元。</blockquote></p><p> Still, revenue was already trending down, from $9.2 billion in 2018 to $6.5 billion for 2020 and an estimated $5.2 billion for 2021. Analysts tracked by FactSet expect per-share losses for 2021 and 2022.</p><p><blockquote>尽管如此,收入已经呈下降趋势,从2018年的92亿美元降至2020年的65亿美元,预计2021年将达到52亿美元。FactSet追踪的分析师预计2021年和2022年每股亏损。</blockquote></p><p> Barron’s thought the shares looked pricey at $18 in January, and we haven’t changed our minds, given the monumental challenges ahead. GameStop said its committee will look for “identifying actions” to transform the company into a technology business.</p><p><blockquote>《巴伦周刊》认为该股1月份的价格为18美元,看起来很昂贵,考虑到未来的巨大挑战,我们没有改变主意。游戏驿站表示,其委员会将寻找“确定行动”,将公司转变为一家技术企业。</blockquote></p><p> AMC and Cinemark (CNK) both are getting new life, particularly with the opening of theaters in major markets like Los Angeles and New York City. AMC beat earnings expectations for the fourth quarter, and shares popped 40.4% this past week, to a recent $11.16. But Lightshed Partners’ Richard Greenfield says AMC’s debt load—equal to 8.3 times 2022 estimated earnings before interest, taxes, and amortization—makes the stock a Sell. His price target: one penny.</p><p><blockquote>AMC和喜满客(CNK)都获得了新生,特别是随着影院在洛杉矶和纽约市等主要市场的开业。AMC第四季度盈利超出预期,股价上周上涨40.4%,至近期11.16美元。但Lightshed Partners的理查德·格林菲尔德(Richard Greenfield)表示,AMC的债务负担相当于2022年预计息税摊销前利润的8.3倍,因此该股值得卖出。他的目标价格:一便士。</blockquote></p><p> AMC couldn’t be reached for comment.</p><p><blockquote>记者无法联系到AMC置评。</blockquote></p><p> Not all analysts are negative, but many point to AMC’s steeply rising costs, such as $450 million in deferred rent. AMC has been raising cash by selling shares and issuing convertible debt, and said in an earnings release Thursday that “we will continue to actively explore alternatives to raise additional capital and reduce our leverage.”</p><p><blockquote>并非所有分析师都持负面态度,但许多分析师指出AMC的成本急剧上升,例如4.5亿美元的递延租金。AMC一直在通过出售股票和发行可转换债券筹集现金,并在周四的财报中表示,“我们将继续积极探索筹集额外资本和降低杠杆的替代方案。”</blockquote></p><p> Cinemark has less debt; leverage is under five times 2022 Ebita, and it is selling a $405 million bond to retire some of it. Cinemark recently flexed its muscles with Hollywood, opting not to show Disney’s (DIS) Raya and the Last Dragon, denting premier weekend box-office sales for the studio.</p><p><blockquote>喜满客的债务较少;杠杆率低于2022年Ebita的五倍,该公司正在出售4.05亿美元的债券以收回其中一部分。喜满客最近向好莱坞展示了自己的实力,选择不放映迪士尼(DIS)的《拉亚》和《最后的龙》,削弱了该工作室首映周末的票房销售。</blockquote></p><p> Taking such a stand shows that theater chains still have some power, says Eric Wold of B. Riley Securities, who rates Cinemark a Buy. “This could force studios to take a closer look at distribution strategies,” he says.</p><p><blockquote>B.Riley Securities的埃里克·沃尔德(Eric Wold)表示,采取这样的立场表明连锁影院仍然拥有一定的实力,他将喜满客评级为买入。“这可能会迫使电影公司更仔细地审视发行策略,”他说。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/gamestop-amc-and-cinemark-could-see-more-turmoil-51615598763?mod=hp_DAY_13\">barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CNK":"喜满客影城","GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/gamestop-amc-and-cinemark-could-see-more-turmoil-51615598763?mod=hp_DAY_13","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158233246","content_text":"For GameStop, AMC Entertainment Holdings, and Cinemark Holdings, the past 12 months have been a series of sickening lows and dizzying highs. Now that the worst appears to be over, they are moving to the next difficult phase: delivering a rebound.\nAll three are emerging from brutal pandemic lockdowns. GameStop (ticker: GME) and AMC (AMC) also made it through short squeezes and retail trading frenzies. Each is now maneuvering through what many consider permanent shifts in the way consumers shop and seek entertainment.\nThe companies each have mapped out paths forward, but at least two of the stocks—Gamestop and AMC—are apt to face more struggles.\nGameStop, which sells new and used videogames and consoles, is trying to transform itself from a collection of 5,000-plus traditional stores to a nimble digital force under the eye of Chewy (CHWY) founder Ryan Cohen, who bought a 9% stake last year and assumed a board seat. Shares jumped 97.1% last week, to a recent $264, on the formation of a committee on the company’s reinvention.\nStill, revenue was already trending down, from $9.2 billion in 2018 to $6.5 billion for 2020 and an estimated $5.2 billion for 2021. Analysts tracked by FactSet expect per-share losses for 2021 and 2022.\nBarron’s thought the shares looked pricey at $18 in January, and we haven’t changed our minds, given the monumental challenges ahead. GameStop said its committee will look for “identifying actions” to transform the company into a technology business.\nAMC and Cinemark (CNK) both are getting new life, particularly with the opening of theaters in major markets like Los Angeles and New York City. AMC beat earnings expectations for the fourth quarter, and shares popped 40.4% this past week, to a recent $11.16. But Lightshed Partners’ Richard Greenfield says AMC’s debt load—equal to 8.3 times 2022 estimated earnings before interest, taxes, and amortization—makes the stock a Sell. His price target: one penny.\nAMC couldn’t be reached for comment.\nNot all analysts are negative, but many point to AMC’s steeply rising costs, such as $450 million in deferred rent. AMC has been raising cash by selling shares and issuing convertible debt, and said in an earnings release Thursday that “we will continue to actively explore alternatives to raise additional capital and reduce our leverage.”\nCinemark has less debt; leverage is under five times 2022 Ebita, and it is selling a $405 million bond to retire some of it. Cinemark recently flexed its muscles with Hollywood, opting not to show Disney’s (DIS) Raya and the Last Dragon, denting premier weekend box-office sales for the studio.\nTaking such a stand shows that theater chains still have some power, says Eric Wold of B. Riley Securities, who rates Cinemark a Buy. “This could force studios to take a closer look at distribution strategies,” he says.","news_type":1,"symbols_score_info":{"AMC":0.9,"CNK":0.9,"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328888622,"gmtCreate":1615512208266,"gmtModify":1703490215688,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328888622","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615452861,"share":"https://www.laohu8.com/m/news/1199156489?lang=zh_CN&edition=full","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time<blockquote>美国夏令时</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p><blockquote>从美国东部时间3月14日(本周日)02:00开始,北美地区进入夏令时,直到美国东部时间2021年11月7日02:00结束。</blockquote></p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><blockquote>于是,从3月14日周一开始,美国市场将在北美夏令时期间提前一小时开盘和收盘,即美国交易时间改为北京时间21:30至次日凌晨04:00,交易前时间为16:00至21:30,交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时?</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法,这样白天会持续更长时间到晚上。北美和欧洲的大部分地区遵循这一习俗,而其他地方的大多数国家则不这样做。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。坚持现状是义不容辞的责任。</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>US Daylight Saving Time<blockquote>美国夏令时</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\">\nUS Daylight Saving Time<blockquote>美国夏令时</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-03-11 16:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p><blockquote>从美国东部时间3月14日(本周日)02:00开始,北美地区进入夏令时,直到美国东部时间2021年11月7日02:00结束。</blockquote></p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><blockquote>于是,从3月14日周一开始,美国市场将在北美夏令时期间提前一小时开盘和收盘,即美国交易时间改为北京时间21:30至次日凌晨04:00,交易前时间为16:00至21:30,交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时?</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法,这样白天会持续更长时间到晚上。北美和欧洲的大部分地区遵循这一习俗,而其他地方的大多数国家则不这样做。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。坚持现状是义不容辞的责任。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323955263,"gmtCreate":1615300871052,"gmtModify":1703487001722,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/323955263","repostId":"2118648142","repostType":4,"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320129772,"gmtCreate":1615045882396,"gmtModify":1703484426748,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/320129772","repostId":"2117639609","repostType":4,"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320129438,"gmtCreate":1615045763524,"gmtModify":1703484426228,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"It will bounce back next week","listText":"It will bounce back next week","text":"It will bounce back next week","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/320129438","repostId":"1169596583","repostType":4,"repost":{"id":"1169596583","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614958557,"share":"https://www.laohu8.com/m/news/1169596583?lang=zh_CN&edition=full","pubTime":"2021-03-05 23:35","market":"us","language":"en","title":"Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169596583","media":"老虎资讯综合","summary":"(March 5) Palantir plunged more than 13%.","content":"<p>(March 5) Palantir plunged more than 13%.</p><p><blockquote>(3月5日)Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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\">\nPalantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-05 23:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 5) Palantir plunged more than 13%.</p><p><blockquote>(3月5日)Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169596583","content_text":"(March 5) Palantir plunged more than 13%.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350880656,"gmtCreate":1616177978975,"gmtModify":1634526845911,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/350880656","repostId":"1117450855","repostType":4,"repost":{"id":"1117450855","kind":"news","pubTimestamp":1616166767,"share":"https://www.laohu8.com/m/news/1117450855?lang=zh_CN&edition=full","pubTime":"2021-03-19 23:12","market":"us","language":"en","title":"Powell says Fed will keep supporting economy ‘for as long as it takes’<blockquote>鲍威尔表示美联储将“只要需要”继续支持经济</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117450855","media":"marketwatch","summary":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration o","content":"<p> <b>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.</b> Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”</p><p><blockquote><b>美联储主席在《华尔街日报》专栏中表示,前景一片光明,但复苏“远未完成”。</b>美联储主席鲍威尔周五表示,虽然美国经济前景“一片光明”,但复苏“远未完成”。</blockquote></p><p> In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.</p><p><blockquote>在《华尔街日报》发表的一篇专栏文章中,鲍威尔讲述了去年2月他意识到冠状病毒大流行将席卷全国的那一刻。</blockquote></p><p> “The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.</p><p><blockquote>“美国经济面临的危险是严重的。面临的挑战是限制后果的严重程度和持续时间,以避免长期损害,”他说。</blockquote></p><p> Powell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.</p><p><blockquote>鲍威尔和他的同事根据从2008-2009年大衰退的缓慢复苏中吸取的教训,设计了对危机的快速反应,即迅速采取行动可能会更好。</blockquote></p><p> The central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.</p><p><blockquote>央行迅速将政策利率下调至零,并启动了被称为量化宽松的开放式资产购买计划。</blockquote></p><p> With economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.</p><p><blockquote>随着经济学家预测2021年将出现强劲增长,每天都有更多的美国人接种疫苗,金融市场想知道美联储的支持将持续多久。</blockquote></p><p> In the op-ed, Powell said the situation “is much improved.”</p><p><blockquote>鲍威尔在专栏中表示,情况“有了很大改善”。</blockquote></p><p> “But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.</p><p><blockquote>鲍威尔表示:“但复苏远未完成,因此美联储将继续为经济提供所需的支持,只要经济需要。”</blockquote></p><p> “I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.</p><p><blockquote>他说:“我真的相信,我们将从这场危机中变得更强大、更好,就像我们以前经常做的那样。”</blockquote></p><p> On Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.</p><p><blockquote>周三,美联储在最近的政策会议上再次承诺了宽松的货币政策立场,尽管预计今年经济增长将更加强劲,通胀将上升。</blockquote></p><p> The Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.</p><p><blockquote>美联储主席在周五的文章中没有提及通胀前景。华尔街许多人担心,在美联储收回宽松政策立场之前,经济会过热。</blockquote></p><p> Yields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.</p><p><blockquote>10年期国债TMUBMUSD10Y, 1.734%的收益率在年初低于1%后,本周已升至1.73%。</blockquote></p><p> Stocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.</p><p><blockquote>周五股市走低,道琼斯工业平均指数DJIA在早盘交易中下跌187点,-0.71%。</blockquote></p><p></p>","source":"market_watch","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>Powell says Fed will keep supporting economy ‘for as long as it takes’<blockquote>鲍威尔表示美联储将“只要需要”继续支持经济</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell says Fed will keep supporting economy ‘for as long as it takes’<blockquote>鲍威尔表示美联储将“只要需要”继续支持经济</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-03-19 23:12</span>\n</p>\n</h4>\n</header>\n<article>\n<p> <b>Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.</b> Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”</p><p><blockquote><b>美联储主席在《华尔街日报》专栏中表示,前景一片光明,但复苏“远未完成”。</b>美联储主席鲍威尔周五表示,虽然美国经济前景“一片光明”,但复苏“远未完成”。</blockquote></p><p> In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.</p><p><blockquote>在《华尔街日报》发表的一篇专栏文章中,鲍威尔讲述了去年2月他意识到冠状病毒大流行将席卷全国的那一刻。</blockquote></p><p> “The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.</p><p><blockquote>“美国经济面临的危险是严重的。面临的挑战是限制后果的严重程度和持续时间,以避免长期损害,”他说。</blockquote></p><p> Powell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.</p><p><blockquote>鲍威尔和他的同事根据从2008-2009年大衰退的缓慢复苏中吸取的教训,设计了对危机的快速反应,即迅速采取行动可能会更好。</blockquote></p><p> The central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.</p><p><blockquote>央行迅速将政策利率下调至零,并启动了被称为量化宽松的开放式资产购买计划。</blockquote></p><p> With economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.</p><p><blockquote>随着经济学家预测2021年将出现强劲增长,每天都有更多的美国人接种疫苗,金融市场想知道美联储的支持将持续多久。</blockquote></p><p> In the op-ed, Powell said the situation “is much improved.”</p><p><blockquote>鲍威尔在专栏中表示,情况“有了很大改善”。</blockquote></p><p> “But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.</p><p><blockquote>鲍威尔表示:“但复苏远未完成,因此美联储将继续为经济提供所需的支持,只要经济需要。”</blockquote></p><p> “I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.</p><p><blockquote>他说:“我真的相信,我们将从这场危机中变得更强大、更好,就像我们以前经常做的那样。”</blockquote></p><p> On Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.</p><p><blockquote>周三,美联储在最近的政策会议上再次承诺了宽松的货币政策立场,尽管预计今年经济增长将更加强劲,通胀将上升。</blockquote></p><p> The Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.</p><p><blockquote>美联储主席在周五的文章中没有提及通胀前景。华尔街许多人担心,在美联储收回宽松政策立场之前,经济会过热。</blockquote></p><p> Yields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.</p><p><blockquote>10年期国债TMUBMUSD10Y, 1.734%的收益率在年初低于1%后,本周已升至1.73%。</blockquote></p><p> Stocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning trading.</p><p><blockquote>周五股市走低,道琼斯工业平均指数DJIA在早盘交易中下跌187点,-0.71%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page\">marketwatch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/powell-says-fed-will-keep-supporting-economy-for-as-long-as-it-takes-11616165178?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1117450855","content_text":"Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.\n\nFederal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”\nIn an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.\n“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration of the fallout to avoid longer-run damage,” he said.\nPowell and his colleagues engineered a rapid response to the crisis, based on the lesson learned from slow recovery to the Great Recession of 2008-2009 that swift action might have been better.\nThe central bank quickly slashed its policy interest rate to zero and launched an open-ended asset purchase program known as quantitative easing.\nWith economists penciling in strong growth for 2021 and more Americans getting vaccinated every day, financial markets are wondering how long Fed support will last.\nIn the op-ed, Powell said the situation “is much improved.”\n“But the recovery is far from complete, so at the Fed we will continue to provide the economy with the support that it needs for as long as it takes,” Powell said.\n“I truly believe that we will emerge from this crisis stronger and better, as we have done so often before,” he said.\nOn Wednesday, the Fed recommitted to its easy money policy stance at its latest policy meeting despite a forecast for stronger economic growth and higher inflation this year.\nThe Fed chairman did not mention the outlook for inflation in his Friday article . Many on Wall Street are worried that the economy will overheat before the Fed pulls back its easy policy stance.\nYields on the 10-year Treasury noteTMUBMUSD10Y,1.734%have risen to 1.73% this week after starting the year below 1%.\nStocks were trading lower on Friday, with the Dow Jones Industrial AverageDJIA,-0.71%down 187 points in mid-morning 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and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/353559076","repostId":"1122990114","repostType":4,"repost":{"id":"1122990114","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1616508493,"share":"https://www.laohu8.com/m/news/1122990114?lang=zh_CN&edition=full","pubTime":"2021-03-23 22:08","market":"us","language":"en","title":"Why Amazon And Apple Are Proof US Equities Aren't In A Bubble<blockquote>为什么亚马逊和苹果证明美国股市并未陷入泡沫</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122990114","media":"Benzinga","summary":"According to the investment banking giant, the current stock market valuations are substantially cor","content":"<p><img src=\"https://static.tigerbbs.com/e2c2061bf3e550d9b1fce50ea579fc04\" tg-width=\"685\" tg-height=\"375\"></p><p><blockquote></blockquote></p><p> <i>According to the investment banking giant, the current stock market valuations are substantially correct.</i></p><p><blockquote><i>投行巨头表示,目前股市估值基本正确。</i></blockquote></p><p> With many stock markets reaching new highs, record issuances and a large number of deals in a row, fears that the markets may develop financial bubbles are also mounting. To help investors understand and avoid risks, Goldman Sachs has published a Global Strategy Paper which examines their characteristics and dangers, drawing the conclusion that current markets only present a few of the recurring features associated with bubbles. For example, there is no doubt that exceptionally-low interest rates can induce excessive risk-taking, but private sector finances are robust, thus reducing the chances of systemic risk in the absence of significant financial leverage, with the exception of government debts.</p><p><blockquote>随着许多股市连续创下新高、创纪录的发行量和大量交易,人们对市场可能出现金融泡沫的担忧也在加剧。为了帮助投资者了解和规避风险,高盛发表了一份全球策略文件,研究了风险的特征和危险,得出的结论是,当前市场仅呈现出一些与泡沫相关的反复出现的特征。例如,毫无疑问,极低的利率会导致过度冒险,但私营部门财务稳健,因此在没有重大金融杠杆(政府债务除外)的情况下降低了系统性风险的机会。</blockquote></p><p> <b>Neither Bubbles Nor Bear Market In Sight:</b> According to Goldman Sachs, the initial phase of a recovery business cycle also suggests that the risk of impending bubbles, with their associated systemic risk, is relatively low. The investment company brings the example of <b>Amazon.com Inc.</b> and <b>Apple Inc.</b> stocks which, unlike in 2000, are not to be considered in bubble territory, since their respective fundamentals justify such high prices. The final verdict of the long and detailed analysis proposed by Goldman Sachs' \"guide to bubbles\" is that there are signs of complacency and high optimism in the market, but the key factors driving it and the cycle of economic recovery being just at the beginning seem to suggest that we are far from the explosion of a bubble. Moreover, as it can be evinced by the table below created by Goldman Sachs itself, bear market seems to be still in hibernation.</p><p><blockquote><b>既看不到泡沫,也看不到熊市:</b>高盛表示,复苏商业周期的初始阶段也表明,即将出现泡沫的风险及其相关的系统性风险相对较低。投资公司举了个例子<b>亚马逊公司。</b>和<b>苹果公司。</b>与2000年不同的是,这些股票不应被视为泡沫区域,因为它们各自的基本面证明了如此高的价格是合理的。高盛《泡沫指南》提出的冗长而详细的分析最终的结论是,市场出现了自满情绪和高度乐观的迹象,但推动它的关键因素以及经济复苏的周期刚刚开始,似乎暗示我们离泡沫破裂还很远。此外,从高盛自己创建的下表可以看出,熊市似乎仍处于冬眠状态。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/082fcbe3c0c000ea7aa6a5e22064dfc0\" tg-width=\"1002\" tg-height=\"258\"><span>Bubble characteristics and related risks</span></p><p><blockquote><p class=\"t-img-caption\"><span>泡沫特征及相关风险</span></p></blockquote></p><p> <b>Absence Of Any Significant Leverage</b>: Although Goldman admits the presence of pockets of overvaluations on the stock market, with some parts of it making adjustments consistent with the evolution of interest rates, there are no recurring features of bubbles, not even partial ones. Goldman particularly emphasizes the absence of any significant leverage - the only exception being the public sector, for it judges that the financial system stability risks are relatively low.</p><p><blockquote><b>不存在任何重大杠杆</b>:尽管高盛承认股市存在估值过高的地方,其中某些部分会根据利率的演变进行调整,但泡沫并没有反复出现的特征,甚至是部分泡沫也没有。高盛特别强调不存在任何重大杠杆——唯一的例外是公共部门,因为它判断金融体系稳定风险相对较低。</blockquote></p><p> <b>High Prices May Be Justified:</b>Goldman's paper quotes Charles Mackay, who observed - already in 1841 - how human beings often \"think\" like a flock, but then do not necessarily behave as such when they finally menage to slowly grasp the meaning of things. Concerning the recent alarm triggered, by the Chinese regulator Guo Shuging, about bubbles swelling in the US and Europe, the analysis states that excessive prices of a single stock or applied to a limited part of the market do not necessarily indicate a systemic risk. Besides, not every swift price rise is related to a bubble, since it sometimes only signals a strong, genuine increase in value, justified by fundamentals.</p><p><blockquote><b>高价可能是合理的:</b>戈德曼的论文引用了查尔斯·麦凯的话,他早在1841年就观察到,人类经常像一群人一样“思考”,但当他们最终设法慢慢理解事物的意义时,就不一定表现得像一群人。关于中国监管机构郭树清最近引发的关于美国和欧洲泡沫膨胀的警报,分析指出,单一股票或应用于市场有限部分的过高价格并不一定表明存在系统性风险。此外,并非每一次价格快速上涨都与泡沫有关,因为它有时只是表明价值强劲、真正的上涨,并有基本面的合理性。</blockquote></p><p> <b>Psychological Contagion:</b> Psychology is a chief factor, as Robert Shiller pointed out in his book \"Irrational Exuberance\", published in 2000 and inspired by a famous quote from the then-Fed Chairman Alan Greenspan, who defined a bubble as the situation in which the news of rising prices provokes a contagion effect that spreads among investors, triggering a mechanism of envy for the success of others.</p><p><blockquote><b>心理传染:</b>正如罗伯特·席勒(Robert Shiller)在其2000年出版的《非理性繁荣》(Irrational Exuberance)一书中指出的那样,心理学是一个主要因素,该书的灵感来自时任美联储主席艾伦·格林斯潘(Alan Greenspan)的一句名言,格林斯潘将泡沫定义为价格上涨的消息引发传染效应,在投资者中传播,引发嫉妒他人成功的机制。</blockquote></p><p> <b>A Handful Of Recurring Ingredients:</b> This sort of contagion has occurred several times over the centuries in human history - from the Dutch tulips of the 1600s to the bubbles of the South Seas and the Mississippi in Great Britain and France in the 1700s, not to mention the more recent Internet and subprime mortgage bubble, and passing through the \"railway\" bubble of last century in the United States. According to Goldman, the ultimate ingredients are few and never change: prices unanchored from reality, a justifying attitude, market concentration, widespread speculation, excess of leverage, the narration of being on the threshold of a new era and an end-of-cycle economic boom, all seasoned with scandals and behavior irregularities.</p><p><blockquote><b>一些反复出现的成分:</b>在人类历史上的几个世纪里,这种传染已经发生过几次——从17世纪的荷兰郁金香到18世纪英国和法国的南海和密西西比河泡沫,更不用说最近的互联网和次贷泡沫,以及上个世纪美国的“铁路”泡沫。高盛认为,最终的因素很少,而且永远不会改变:脱离现实的价格、自以为是的态度、市场集中度、广泛的投机、过度杠杆、即将进入新时代和经济周期结束的叙述繁荣,所有这些都充满了丑闻和违规行为。</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 Amazon And Apple Are Proof US Equities Aren't In A Bubble<blockquote>为什么亚马逊和苹果证明美国股市并未陷入泡沫</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 Amazon And Apple Are Proof US Equities Aren't In A Bubble<blockquote>为什么亚马逊和苹果证明美国股市并未陷入泡沫</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-03-23 22:08</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/e2c2061bf3e550d9b1fce50ea579fc04\" tg-width=\"685\" tg-height=\"375\"></p><p><blockquote></blockquote></p><p> <i>According to the investment banking giant, the current stock market valuations are substantially correct.</i></p><p><blockquote><i>投行巨头表示,目前股市估值基本正确。</i></blockquote></p><p> With many stock markets reaching new highs, record issuances and a large number of deals in a row, fears that the markets may develop financial bubbles are also mounting. To help investors understand and avoid risks, Goldman Sachs has published a Global Strategy Paper which examines their characteristics and dangers, drawing the conclusion that current markets only present a few of the recurring features associated with bubbles. For example, there is no doubt that exceptionally-low interest rates can induce excessive risk-taking, but private sector finances are robust, thus reducing the chances of systemic risk in the absence of significant financial leverage, with the exception of government debts.</p><p><blockquote>随着许多股市连续创下新高、创纪录的发行量和大量交易,人们对市场可能出现金融泡沫的担忧也在加剧。为了帮助投资者了解和规避风险,高盛发表了一份全球策略文件,研究了风险的特征和危险,得出的结论是,当前市场仅呈现出一些与泡沫相关的反复出现的特征。例如,毫无疑问,极低的利率会导致过度冒险,但私营部门财务稳健,因此在没有重大金融杠杆(政府债务除外)的情况下降低了系统性风险的机会。</blockquote></p><p> <b>Neither Bubbles Nor Bear Market In Sight:</b> According to Goldman Sachs, the initial phase of a recovery business cycle also suggests that the risk of impending bubbles, with their associated systemic risk, is relatively low. The investment company brings the example of <b>Amazon.com Inc.</b> and <b>Apple Inc.</b> stocks which, unlike in 2000, are not to be considered in bubble territory, since their respective fundamentals justify such high prices. The final verdict of the long and detailed analysis proposed by Goldman Sachs' \"guide to bubbles\" is that there are signs of complacency and high optimism in the market, but the key factors driving it and the cycle of economic recovery being just at the beginning seem to suggest that we are far from the explosion of a bubble. Moreover, as it can be evinced by the table below created by Goldman Sachs itself, bear market seems to be still in hibernation.</p><p><blockquote><b>既看不到泡沫,也看不到熊市:</b>高盛表示,复苏商业周期的初始阶段也表明,即将出现泡沫的风险及其相关的系统性风险相对较低。投资公司举了个例子<b>亚马逊公司。</b>和<b>苹果公司。</b>与2000年不同的是,这些股票不应被视为泡沫区域,因为它们各自的基本面证明了如此高的价格是合理的。高盛《泡沫指南》提出的冗长而详细的分析最终的结论是,市场出现了自满情绪和高度乐观的迹象,但推动它的关键因素以及经济复苏的周期刚刚开始,似乎暗示我们离泡沫破裂还很远。此外,从高盛自己创建的下表可以看出,熊市似乎仍处于冬眠状态。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/082fcbe3c0c000ea7aa6a5e22064dfc0\" tg-width=\"1002\" tg-height=\"258\"><span>Bubble characteristics and related risks</span></p><p><blockquote><p class=\"t-img-caption\"><span>泡沫特征及相关风险</span></p></blockquote></p><p> <b>Absence Of Any Significant Leverage</b>: Although Goldman admits the presence of pockets of overvaluations on the stock market, with some parts of it making adjustments consistent with the evolution of interest rates, there are no recurring features of bubbles, not even partial ones. Goldman particularly emphasizes the absence of any significant leverage - the only exception being the public sector, for it judges that the financial system stability risks are relatively low.</p><p><blockquote><b>不存在任何重大杠杆</b>:尽管高盛承认股市存在估值过高的地方,其中某些部分会根据利率的演变进行调整,但泡沫并没有反复出现的特征,甚至是部分泡沫也没有。高盛特别强调不存在任何重大杠杆——唯一的例外是公共部门,因为它判断金融体系稳定风险相对较低。</blockquote></p><p> <b>High Prices May Be Justified:</b>Goldman's paper quotes Charles Mackay, who observed - already in 1841 - how human beings often \"think\" like a flock, but then do not necessarily behave as such when they finally menage to slowly grasp the meaning of things. Concerning the recent alarm triggered, by the Chinese regulator Guo Shuging, about bubbles swelling in the US and Europe, the analysis states that excessive prices of a single stock or applied to a limited part of the market do not necessarily indicate a systemic risk. Besides, not every swift price rise is related to a bubble, since it sometimes only signals a strong, genuine increase in value, justified by fundamentals.</p><p><blockquote><b>高价可能是合理的:</b>戈德曼的论文引用了查尔斯·麦凯的话,他早在1841年就观察到,人类经常像一群人一样“思考”,但当他们最终设法慢慢理解事物的意义时,就不一定表现得像一群人。关于中国监管机构郭树清最近引发的关于美国和欧洲泡沫膨胀的警报,分析指出,单一股票或应用于市场有限部分的过高价格并不一定表明存在系统性风险。此外,并非每一次价格快速上涨都与泡沫有关,因为它有时只是表明价值强劲、真正的上涨,并有基本面的合理性。</blockquote></p><p> <b>Psychological Contagion:</b> Psychology is a chief factor, as Robert Shiller pointed out in his book \"Irrational Exuberance\", published in 2000 and inspired by a famous quote from the then-Fed Chairman Alan Greenspan, who defined a bubble as the situation in which the news of rising prices provokes a contagion effect that spreads among investors, triggering a mechanism of envy for the success of others.</p><p><blockquote><b>心理传染:</b>正如罗伯特·席勒(Robert Shiller)在其2000年出版的《非理性繁荣》(Irrational Exuberance)一书中指出的那样,心理学是一个主要因素,该书的灵感来自时任美联储主席艾伦·格林斯潘(Alan Greenspan)的一句名言,格林斯潘将泡沫定义为价格上涨的消息引发传染效应,在投资者中传播,引发嫉妒他人成功的机制。</blockquote></p><p> <b>A Handful Of Recurring Ingredients:</b> This sort of contagion has occurred several times over the centuries in human history - from the Dutch tulips of the 1600s to the bubbles of the South Seas and the Mississippi in Great Britain and France in the 1700s, not to mention the more recent Internet and subprime mortgage bubble, and passing through the \"railway\" bubble of last century in the United States. According to Goldman, the ultimate ingredients are few and never change: prices unanchored from reality, a justifying attitude, market concentration, widespread speculation, excess of leverage, the narration of being on the threshold of a new era and an end-of-cycle economic boom, all seasoned with scandals and behavior irregularities.</p><p><blockquote><b>一些反复出现的成分:</b>在人类历史上的几个世纪里,这种传染已经发生过几次——从17世纪的荷兰郁金香到18世纪英国和法国的南海和密西西比河泡沫,更不用说最近的互联网和次贷泡沫,以及上个世纪美国的“铁路”泡沫。高盛认为,最终的因素很少,而且永远不会改变:脱离现实的价格、自以为是的态度、市场集中度、广泛的投机、过度杠杆、即将进入新时代和经济周期结束的叙述繁荣,所有这些都充满了丑闻和违规行为。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊",".DJI":"道琼斯","AAPL":"苹果",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122990114","content_text":"According to the investment banking giant, the current stock market valuations are substantially correct.\nWith many stock markets reaching new highs, record issuances and a large number of deals in a row, fears that the markets may develop financial bubbles are also mounting. To help investors understand and avoid risks, Goldman Sachs has published a Global Strategy Paper which examines their characteristics and dangers, drawing the conclusion that current markets only present a few of the recurring features associated with bubbles. For example, there is no doubt that exceptionally-low interest rates can induce excessive risk-taking, but private sector finances are robust, thus reducing the chances of systemic risk in the absence of significant financial leverage, with the exception of government debts.\nNeither Bubbles Nor Bear Market In Sight: According to Goldman Sachs, the initial phase of a recovery business cycle also suggests that the risk of impending bubbles, with their associated systemic risk, is relatively low. The investment company brings the example of Amazon.com Inc. and Apple Inc. stocks which, unlike in 2000, are not to be considered in bubble territory, since their respective fundamentals justify such high prices. The final verdict of the long and detailed analysis proposed by Goldman Sachs' \"guide to bubbles\" is that there are signs of complacency and high optimism in the market, but the key factors driving it and the cycle of economic recovery being just at the beginning seem to suggest that we are far from the explosion of a bubble. Moreover, as it can be evinced by the table below created by Goldman Sachs itself, bear market seems to be still in hibernation.\nBubble characteristics and related risks\nAbsence Of Any Significant Leverage: Although Goldman admits the presence of pockets of overvaluations on the stock market, with some parts of it making adjustments consistent with the evolution of interest rates, there are no recurring features of bubbles, not even partial ones. Goldman particularly emphasizes the absence of any significant leverage - the only exception being the public sector, for it judges that the financial system stability risks are relatively low.\nHigh Prices May Be Justified:Goldman's paper quotes Charles Mackay, who observed - already in 1841 - how human beings often \"think\" like a flock, but then do not necessarily behave as such when they finally menage to slowly grasp the meaning of things. Concerning the recent alarm triggered, by the Chinese regulator Guo Shuging, about bubbles swelling in the US and Europe, the analysis states that excessive prices of a single stock or applied to a limited part of the market do not necessarily indicate a systemic risk. Besides, not every swift price rise is related to a bubble, since it sometimes only signals a strong, genuine increase in value, justified by fundamentals.\nPsychological Contagion: Psychology is a chief factor, as Robert Shiller pointed out in his book \"Irrational Exuberance\", published in 2000 and inspired by a famous quote from the then-Fed Chairman Alan Greenspan, who defined a bubble as the situation in which the news of rising prices provokes a contagion effect that spreads among investors, triggering a mechanism of envy for the success of others.\nA Handful Of Recurring Ingredients: This sort of contagion has occurred several times over the centuries in human history - from the Dutch tulips of the 1600s to the bubbles of the South Seas and the Mississippi in Great Britain and France in the 1700s, not to mention the more recent Internet and subprime mortgage bubble, and passing through the \"railway\" bubble of last century in the United States. According to Goldman, the ultimate ingredients are few and never change: prices unanchored from reality, a justifying attitude, market concentration, widespread speculation, excess of leverage, the narration of being on the threshold of a new era and an end-of-cycle economic boom, all seasoned with scandals and behavior irregularities.","news_type":1,"symbols_score_info":{"AMZN":0.9,".DJI":0.9,".SPX":0.9,".IXIC":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":711,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350889054,"gmtCreate":1616178032778,"gmtModify":1634526845664,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575549336568551","idStr":"3575549336568551"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/350889054","repostId":"1106180509","repostType":4,"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}