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RussY

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2021-04-10

Nice

抱歉，原内容已删除

2021-03-17

$GameStop(GME)$Small profit beats losses

2021-05-14

$Vaxart, Inc(VXRT)$Never gonna let such counter burn me again

2021-02-23

$Vaccinex Inc.(VCNX)$Who else is stilling holding on ?

2021-04-12

$GameStop(GME)$Better than negative no matter how teeny tiny the profit is

2021-04-10

$GameStop(GME)$Small gain is better than loss

2021-04-14

$GameStop(GME)$Please fall further

2021-03-19

Nice read

抱歉，原内容已删除

2021-04-12

Nice

‘Don’t fight the Fed,’ Goldman says. These stocks can benefit from higher inflation<blockquote>高盛说，不要和美联储作对。这些股票可以受益于更高的通胀</blockquote>

2021-04-10

Nice

抱歉，原内容已删除

2021-04-06

Nice

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

2021-03-27

Nice

‘Bitcoin could be next domino to fall as investors rush to book profit,’ says technical analyst<blockquote>技术分析师表示，随着投资者急于获利，比特币可能成为下一张倒下的多米诺骨牌</blockquote>

2021-03-23

Nice article

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>

2021-03-16

$AMC Entertainment(AMC)$Overpriced AMC

2021-03-13

$GameStop(GME)$Play small for the hype

2021-03-03

Nice

抱歉，原内容已删除

2021-02-18

$Socket Mobile(SCKT)$Hoping for recovery today :)

2021-04-12

Nice

XPeng to Debut New LiDAR-Equipped Smart EV<blockquote>小鹏汽车将推出配备激光雷达的新型智能电动汽车</blockquote>

2021-03-27

$GameStop(GME)$We shall see

2021-03-23

EV in China? Think twice

Why EV Stocks slipped on Tuesday<blockquote>为什么电动汽车股周二下跌</blockquote>

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href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>To the moon is nothing but Day dreaming.. look at the balance sheet, is it even sustainable ?&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>To the moon is nothing but Day dreaming.. look at the balance sheet, is it even sustainable ?&nbsp;","text":"$AMC Entertainment(AMC)$To the moon is nothing but Day dreaming.. look at the balance sheet, is it even sustainable ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829528150","isVote":1,"tweetType":1,"viewCount":1675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":198201235,"gmtCreate":1620958830827,"gmtModify":1631887437464,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/VXRT\">$Vaxart, Inc(VXRT)$</a>Never gonna let such counter burn me again&nbsp;","listText":"<a href=\"https://laohu8.com/S/VXRT\">$Vaxart, Inc(VXRT)$</a>Never gonna let such counter burn me again&nbsp;","text":"$Vaxart, Inc(VXRT)$Never gonna let such counter burn me again","images":[{"img":"https://static.tigerbbs.com/575b9b37eb1fe043d35a44b0bc61e9a5","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/198201235","isVote":1,"tweetType":1,"viewCount":3223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":107127827,"gmtCreate":1620455752969,"gmtModify":1634198603592,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"modest profit is better than a loss&nbsp;","listText":"modest profit is better than a loss&nbsp;","text":"modest profit is better than a loss","images":[{"img":"https://static.tigerbbs.com/d1c023809ce655f1f7f2b43e742f8778","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107127827","isVote":1,"tweetType":1,"viewCount":1560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":106564572,"gmtCreate":1620135290996,"gmtModify":1631887437609,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/VXRT\">$Vaxart, Inc(VXRT)$</a>Fall please","listText":"<a href=\"https://laohu8.com/S/VXRT\">$Vaxart, Inc(VXRT)$</a>Fall please","text":"$Vaxart, Inc(VXRT)$Fall please","images":[{"img":"https://static.tigerbbs.com/2d7becd160f1419090e67e98d143fd7f","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106564572","isVote":1,"tweetType":1,"viewCount":1835,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372189154,"gmtCreate":1619185900778,"gmtModify":1634287916024,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"&nbsp;Nice&nbsp;","listText":"&nbsp;Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372189154","repostId":"2129095352","repostType":4,"repost":{"id":"2129095352","kind":"highlight","pubTimestamp":1619184019,"share":"https://www.laohu8.com/m/news/2129095352?lang=zh_CN&edition=full","pubTime":"2021-04-23 21:20","market":"us","language":"en","title":"Should you buy Microsoft stock? Here are the key numbers to look at now<blockquote>你应该购买微软股票吗？以下是现在需要关注的关键数字</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2129095352","media":"MarketWatch","summary":"These are the key metrics for and stock valuation for Microsoft.\nHalo Infinite, developed by Microso","content":"<p>These are the key metrics for and stock valuation for Microsoft.</p><p><blockquote>这些是微软股票估值的关键指标。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb47fe42a76d552195e0652645da1f99\" tg-width=\"1260\" tg-height=\"709\"><span>Halo Infinite, developed by Microsoft's Xbox Game Studios. (Microsoft Corp.)</span></p><p><blockquote><p class=\"t-img-caption\"><span>《光环无限》，由微软Xbox游戏工作室开发。（微软股份有限公司）</span></p></blockquote></p><p> If you are thinking about buying shares of Microsoft Corp., or already own them, you need to understand key metrics and issues related to the company.</p><p><blockquote>如果您正在考虑购买微软公司的股票，或者已经拥有它们，您需要了解与该公司相关的关键指标和问题。</blockquote></p><p> The numbers, below, show how Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> stacks up against competitors, and where its strengths and weaknesses lie. Keep in mind that no two companies are alike -- even rivals don't compete in every space. Investors need to do their own research to make informed long-term decisions.</p><p><blockquote>下面的数字显示了微软<a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>与竞争对手相比，它的优势和劣势在哪里。请记住，没有两家公司是相同的——即使是竞争对手也不会在每个领域都竞争。投资者需要自己进行研究，以做出明智的长期决策。</blockquote></p><p> <b>Key dynamics</b></p><p><blockquote><b>关键动态</b></blockquote></p><p> Since Satya Nadella took over as CEO in February 2014 and dramatically changed the direction of this software giant co-founded by Bill Gates, Microsoft has become a key player in cloud computing. That move has paid off handsomely for investors. The stock is up 680% since then, including dividends, more than four times that of the S&amp;P 500 Index .</p><p><blockquote>自Satya Nadella于2014年2月接任CEO，并戏剧性地改变了这家由比尔·盖茨共同创立的软件巨头的方向以来，微软已经成为云计算领域的关键参与者。此举为投资者带来了丰厚的回报。自那以来，包括股息在内，该股上涨了680%，是标普500指数的四倍多。</blockquote></p><p> There may be more outperformance ahead for the stock because growth remains so robust, despite the size of this company. Microsoft has a $1.9 trillion market capitalization. Often companies of this size have a hard time posting fast growth simply because they are so large. Yet this 46-year-old software company put up 16.7% sales growth in the fourth quarter.</p><p><blockquote>该股未来可能会有更多优异表现，因为尽管该公司规模庞大，但增长仍然如此强劲。微软的市值为1.9万亿美元。通常，这种规模的公司很难实现快速增长，仅仅是因为它们太大了。然而，这家拥有46年历史的软件公司第四季度销售额增长了16.7%。</blockquote></p><p> Microsoft's server products and cloud offerings, a $41.4 billion business last year, grew 25.8% in the fourth quarter. The hottest product line is Azure cloud services. Customers like Azure because it helps them become more productive and competitive. So, they will continue to join up, and expand their usage once they sign on.</p><p><blockquote>微软的服务器产品和云产品去年的业务价值为414亿美元，第四季度增长了25.8%。最热门的产品线是Azure云服务。客户喜欢Azure，因为它可以帮助他们提高工作效率和竞争力。因此，他们将继续加入，并在注册后扩大他们的使用。</blockquote></p><p> \"We are witnessing the dawn of a second wave of digital transformation sweeping every company and every industry,\" Nadella has said.</p><p><blockquote>纳德拉表示：“我们正在见证席卷每家公司和每个行业的第二波数字化转型的曙光。”</blockquote></p><p> Already at $29 billion a year, Azure sales are growing 50% annually, estimates Goldman Sachs analyst Kash Rangan. (Microsoft does not break out the numbers or offer projections for Azure.) Microsoft also offers artificial intelligence software; Microsoft Office suite products like Word, XL and Outlook; popular video-game hardware; the LinkedIn professional networking site; and, of course, Windows. You can see that four of those business lines are growing at 10% or more, but Windows and search are sluggish.</p><p><blockquote>高盛分析师Kash Rangan估计，Azure的销售额已经达到每年290亿美元，每年增长50%。（微软没有公布Azure的数字或预测。）微软也提供人工智能软件；Word、XL和Outlook等微软办公套件产品；流行的视频游戏硬件；LinkedIn专业社交网站；当然，还有窗户。你可以看到其中四个业务线正以10%或更高的速度增长，但Windows和搜索却表现低迷。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39b29ebf285f8b1bdff7a30678ed3d03\" tg-width=\"1260\" tg-height=\"962\"><span>(COMPANY FILING)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（公司备案）</span></p></blockquote></p><p> <b>Geographic reach</b></p><p><blockquote><b>地理范围</b></blockquote></p><p> Microsoft does half its business outside the U.S. This is good for investors because during times of robust, synchronized global growth like we see now, emerging economies tend to grow much faster than the U.S.</p><p><blockquote>微软一半的业务在美国境外开展。这对投资者来说是好事，因为在我们现在看到的强劲、同步的全球增长时期，新兴经济体的增长速度往往比美国快得多。</blockquote></p><p> \"We are investing to bring our cloud services to more customers announcing seven new data center regions in Asia, Europe and Latin America,\" Nadella has announced.</p><p><blockquote>纳德拉宣布：“我们正在投资，将我们的云服务带给更多客户，并宣布在亚洲、欧洲和拉丁美洲设立七个新的数据中心区域。”</blockquote></p><p> A vulnerability is that a stronger dollar would hurt Microsoft, since this would reduce the value of foreign earnings as they get exchanged for greenbacks.</p><p><blockquote>一个弱点是美元走强会损害微软，因为这会降低外汇收入兑换成美元的价值。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/888b5218048ba9cd41f3c78463e77136\" tg-width=\"1146\" tg-height=\"504\"><span>(COMPANY FILING)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（公司备案）</span></p></blockquote></p><p> <b>Profitability</b></p><p><blockquote><b>盈利能力</b></blockquote></p><p> Overall, Microsoft isn't growing as fast as many of its competitors. But the popularity of its cloud products and services supports superior profit margins. For investors, this makes up for the relatively slower sales growth.</p><p><blockquote>总体而言，微软的增长速度不如许多竞争对手。但其云产品和服务的受欢迎程度支撑了卓越的利润率。对于投资者来说，这弥补了相对较慢的销售增长。</blockquote></p><p> \"Microsoft has pulled ahead of the pack with a state-of-the-art cloud platform,\" says J.P. Morgan analyst Mark Murphy.</p><p><blockquote>摩根大通分析师Mark Murphy表示：“微软凭借最先进的云平台处于领先地位。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8e55242f7594f23a1911381f4db6228d\" tg-width=\"1260\" tg-height=\"503\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（事实集）</span></p></blockquote></p><p> <b>Cash and cash flow</b></p><p><blockquote><b>现金及现金流量</b></blockquote></p><p> Companies with lots of cash and solid cash flow have an edge because this helps them avoid the need to rely on banks for dilutive capital raises. It puts them in control of their own destinies. Microsoft uses its cash to buy back stock and pay a 0.87% dividend yield. But it's also tapping the $132 billion cash hoard to grow through acquisitions.</p><p><blockquote>拥有大量现金和稳定现金流的公司具有优势，因为这有助于它们避免依赖银行进行稀释性融资。这让他们掌握了自己的命运。微软用现金回购股票并支付0.87%的股息收益率。但它也在利用1320亿美元的现金储备通过收购来实现增长。</blockquote></p><p> For example, Microsoft recently announced the purchase of Nuance Communications, which gives Microsoft solid inroads into the health-care sector. Nuance offers artificial intelligence <a href=\"https://laohu8.com/S/AI\">$(AI)$</a> used in the sector to analyze conversations and help providers communicate with patients.</p><p><blockquote>例如，微软最近宣布收购Nuance Communications，这使微软在医疗保健领域取得了坚实的进展。Nuance提供人工智能<a href=\"https://laohu8.com/S/AI\">$(AI)$</a>在该领域用于分析对话并帮助提供者与患者沟通。</blockquote></p><p></p><p> The risk is that Microsoft might make bad acquisitions and squander cash, which might otherwise have been better used by returning it to shareholders. As examples, Microsoft blundered in its purchases of Nokia's mobile-phone business and the digital-marketing-services company aQuantive. This is why many investors prefer that companies simply return cash to shareholders via dividends and buybacks, rather than risk wasting it.</p><p><blockquote>风险在于，微软可能会进行糟糕的收购并浪费现金，否则这些现金可能会通过返还给股东而得到更好的利用。例如，微软在收购诺基亚手机业务和数字营销服务公司aQuantive时犯了错误。这就是为什么许多投资者更喜欢公司通过股息和回购将现金返还给股东，而不是冒着浪费现金的风险。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a3630382d2d6e12a1242ec6697cb950\" tg-width=\"1260\" tg-height=\"467\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（事实集）</span></p></blockquote></p><p> <b>Moat</b></p><p><blockquote><b>护城河</b></blockquote></p><p> Investing great Warren Buffett loves companies with protective moats. Moats create pricing power and make it hard for competitors to win over customers. Microsoft enjoys a wide moat for the following reasons, says Dan Romanoff at Morningstar, which, like Buffett, puts a big emphasis on moats when analyzing companies.</p><p><blockquote>投资大师沃伦·巴菲特喜欢拥有保护性护城河的公司。护城河创造了定价权，使竞争对手很难赢得客户。晨星公司的丹·罗曼诺夫表示，微软拥有宽阔的护城河，原因如下。与巴菲特一样，巴菲特在分析公司时非常重视护城河。</blockquote></p><p> First, a lot of Microsoft business software requires a fairly steep learning curve, so customers get locked into products. Besides, swapping out software is disruptive to a business. This creates switching costs. Next, Microsoft products and services benefit from network effects. As more people use Azure, Microsoft Office, LinkedIn and so forth, these offerings become more valuable to everyone because they connect more people together. Network effects create value for customers, discouraging them from jumping ship.</p><p><blockquote>首先，许多微软商业软件需要相当陡峭的学习曲线，因此客户会被产品锁定。此外，更换软件对企业来说是破坏性的。这就产生了转换成本。其次，微软产品和服务受益于网络效应。随着越来越多的人使用Azure、微软Office、LinkedIn等，这些产品对每个人都变得更有价值，因为它们将更多的人联系在一起。网络效应为客户创造价值，阻止他们跳槽。</blockquote></p><p> <b>Stock valuation and performance</b></p><p><blockquote><b>股票估值和表现</b></blockquote></p><p> Microsoft stock has outperformed the shares of several competitors over the past five years, but it still has a relatively low price-to-earnings (P/E) ratio compared to them. Keep in mind that relatively new companies like CrowdStrike <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a> can have deceptively high P/E ratios because they are still reinvesting a lot into their own businesses, diverting cash away from earnings per share.</p><p><blockquote>过去五年，微软股票的表现优于几家竞争对手的股票，但与它们相比，其市盈率（P/E）仍然相对较低。请记住，像CrowdStrike这样相对较新的公司<a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>市盈率可能很高，因为他们仍在对自己的业务进行大量再投资，将现金从每股收益中转移出去。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8e117411a5c6f56032799c1b4e878800\" tg-width=\"1260\" tg-height=\"583\"></p><p><blockquote></blockquote></p><p> <b>Wall Street's opinion</b></p><p><blockquote><b>华尔街的观点</b></blockquote></p><p> Here's a summary of opinion among Wall Street analysts polled by FactSet:</p><p><blockquote>以下是FactSet调查的华尔街分析师的观点摘要：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c732b48bc05b25cd6526817b99b319f4\" tg-width=\"1260\" tg-height=\"578\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（事实集）</span></p></blockquote></p><p> <b>Important dates</b></p><p><blockquote><b>重要日期</b></blockquote></p><p> <ul>  <li>April 27 — Microsoft reports first-quarter earnings.</li>  <li>May 19 — Ex-dividend date.</li>  <li>July 20 — Microsoft reports second-quarter earnings.</li> </ul></p><p><blockquote><ul><li>4月27日-微软公布第一季度收益。</li><li>5月19日——除息日。</li><li>7月20日-微软公布第二季度收益。</li></ul></blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should you buy Microsoft stock? Here are the key numbers to look at now<blockquote>你应该购买微软股票吗？以下是现在需要关注的关键数字</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\">\nShould you buy Microsoft stock? Here are the key numbers to look at now<blockquote>你应该购买微软股票吗？以下是现在需要关注的关键数字</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-04-23 21:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>These are the key metrics for and stock valuation for Microsoft.</p><p><blockquote>这些是微软股票估值的关键指标。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb47fe42a76d552195e0652645da1f99\" tg-width=\"1260\" tg-height=\"709\"><span>Halo Infinite, developed by Microsoft's Xbox Game Studios. (Microsoft Corp.)</span></p><p><blockquote><p class=\"t-img-caption\"><span>《光环无限》，由微软Xbox游戏工作室开发。（微软股份有限公司）</span></p></blockquote></p><p> If you are thinking about buying shares of Microsoft Corp., or already own them, you need to understand key metrics and issues related to the company.</p><p><blockquote>如果您正在考虑购买微软公司的股票，或者已经拥有它们，您需要了解与该公司相关的关键指标和问题。</blockquote></p><p> The numbers, below, show how Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> stacks up against competitors, and where its strengths and weaknesses lie. Keep in mind that no two companies are alike -- even rivals don't compete in every space. Investors need to do their own research to make informed long-term decisions.</p><p><blockquote>下面的数字显示了微软<a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>与竞争对手相比，它的优势和劣势在哪里。请记住，没有两家公司是相同的——即使是竞争对手也不会在每个领域都竞争。投资者需要自己进行研究，以做出明智的长期决策。</blockquote></p><p> <b>Key dynamics</b></p><p><blockquote><b>关键动态</b></blockquote></p><p> Since Satya Nadella took over as CEO in February 2014 and dramatically changed the direction of this software giant co-founded by Bill Gates, Microsoft has become a key player in cloud computing. That move has paid off handsomely for investors. The stock is up 680% since then, including dividends, more than four times that of the S&amp;P 500 Index .</p><p><blockquote>自Satya Nadella于2014年2月接任CEO，并戏剧性地改变了这家由比尔·盖茨共同创立的软件巨头的方向以来，微软已经成为云计算领域的关键参与者。此举为投资者带来了丰厚的回报。自那以来，包括股息在内，该股上涨了680%，是标普500指数的四倍多。</blockquote></p><p> There may be more outperformance ahead for the stock because growth remains so robust, despite the size of this company. Microsoft has a $1.9 trillion market capitalization. Often companies of this size have a hard time posting fast growth simply because they are so large. Yet this 46-year-old software company put up 16.7% sales growth in the fourth quarter.</p><p><blockquote>该股未来可能会有更多优异表现，因为尽管该公司规模庞大，但增长仍然如此强劲。微软的市值为1.9万亿美元。通常，这种规模的公司很难实现快速增长，仅仅是因为它们太大了。然而，这家拥有46年历史的软件公司第四季度销售额增长了16.7%。</blockquote></p><p> Microsoft's server products and cloud offerings, a $41.4 billion business last year, grew 25.8% in the fourth quarter. The hottest product line is Azure cloud services. Customers like Azure because it helps them become more productive and competitive. So, they will continue to join up, and expand their usage once they sign on.</p><p><blockquote>微软的服务器产品和云产品去年的业务价值为414亿美元，第四季度增长了25.8%。最热门的产品线是Azure云服务。客户喜欢Azure，因为它可以帮助他们提高工作效率和竞争力。因此，他们将继续加入，并在注册后扩大他们的使用。</blockquote></p><p> \"We are witnessing the dawn of a second wave of digital transformation sweeping every company and every industry,\" Nadella has said.</p><p><blockquote>纳德拉表示：“我们正在见证席卷每家公司和每个行业的第二波数字化转型的曙光。”</blockquote></p><p> Already at $29 billion a year, Azure sales are growing 50% annually, estimates Goldman Sachs analyst Kash Rangan. (Microsoft does not break out the numbers or offer projections for Azure.) Microsoft also offers artificial intelligence software; Microsoft Office suite products like Word, XL and Outlook; popular video-game hardware; the LinkedIn professional networking site; and, of course, Windows. You can see that four of those business lines are growing at 10% or more, but Windows and search are sluggish.</p><p><blockquote>高盛分析师Kash Rangan估计，Azure的销售额已经达到每年290亿美元，每年增长50%。（微软没有公布Azure的数字或预测。）微软也提供人工智能软件；Word、XL和Outlook等微软办公套件产品；流行的视频游戏硬件；LinkedIn专业社交网站；当然，还有窗户。你可以看到其中四个业务线正以10%或更高的速度增长，但Windows和搜索却表现低迷。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39b29ebf285f8b1bdff7a30678ed3d03\" tg-width=\"1260\" tg-height=\"962\"><span>(COMPANY FILING)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（公司备案）</span></p></blockquote></p><p> <b>Geographic reach</b></p><p><blockquote><b>地理范围</b></blockquote></p><p> Microsoft does half its business outside the U.S. This is good for investors because during times of robust, synchronized global growth like we see now, emerging economies tend to grow much faster than the U.S.</p><p><blockquote>微软一半的业务在美国境外开展。这对投资者来说是好事，因为在我们现在看到的强劲、同步的全球增长时期，新兴经济体的增长速度往往比美国快得多。</blockquote></p><p> \"We are investing to bring our cloud services to more customers announcing seven new data center regions in Asia, Europe and Latin America,\" Nadella has announced.</p><p><blockquote>纳德拉宣布：“我们正在投资，将我们的云服务带给更多客户，并宣布在亚洲、欧洲和拉丁美洲设立七个新的数据中心区域。”</blockquote></p><p> A vulnerability is that a stronger dollar would hurt Microsoft, since this would reduce the value of foreign earnings as they get exchanged for greenbacks.</p><p><blockquote>一个弱点是美元走强会损害微软，因为这会降低外汇收入兑换成美元的价值。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/888b5218048ba9cd41f3c78463e77136\" tg-width=\"1146\" tg-height=\"504\"><span>(COMPANY FILING)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（公司备案）</span></p></blockquote></p><p> <b>Profitability</b></p><p><blockquote><b>盈利能力</b></blockquote></p><p> Overall, Microsoft isn't growing as fast as many of its competitors. But the popularity of its cloud products and services supports superior profit margins. For investors, this makes up for the relatively slower sales growth.</p><p><blockquote>总体而言，微软的增长速度不如许多竞争对手。但其云产品和服务的受欢迎程度支撑了卓越的利润率。对于投资者来说，这弥补了相对较慢的销售增长。</blockquote></p><p> \"Microsoft has pulled ahead of the pack with a state-of-the-art cloud platform,\" says J.P. Morgan analyst Mark Murphy.</p><p><blockquote>摩根大通分析师Mark Murphy表示：“微软凭借最先进的云平台处于领先地位。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8e55242f7594f23a1911381f4db6228d\" tg-width=\"1260\" tg-height=\"503\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（事实集）</span></p></blockquote></p><p> <b>Cash and cash flow</b></p><p><blockquote><b>现金及现金流量</b></blockquote></p><p> Companies with lots of cash and solid cash flow have an edge because this helps them avoid the need to rely on banks for dilutive capital raises. It puts them in control of their own destinies. Microsoft uses its cash to buy back stock and pay a 0.87% dividend yield. But it's also tapping the $132 billion cash hoard to grow through acquisitions.</p><p><blockquote>拥有大量现金和稳定现金流的公司具有优势，因为这有助于它们避免依赖银行进行稀释性融资。这让他们掌握了自己的命运。微软用现金回购股票并支付0.87%的股息收益率。但它也在利用1320亿美元的现金储备通过收购来实现增长。</blockquote></p><p> For example, Microsoft recently announced the purchase of Nuance Communications, which gives Microsoft solid inroads into the health-care sector. Nuance offers artificial intelligence <a href=\"https://laohu8.com/S/AI\">$(AI)$</a> used in the sector to analyze conversations and help providers communicate with patients.</p><p><blockquote>例如，微软最近宣布收购Nuance Communications，这使微软在医疗保健领域取得了坚实的进展。Nuance提供人工智能<a href=\"https://laohu8.com/S/AI\">$(AI)$</a>在该领域用于分析对话并帮助提供者与患者沟通。</blockquote></p><p></p><p> The risk is that Microsoft might make bad acquisitions and squander cash, which might otherwise have been better used by returning it to shareholders. As examples, Microsoft blundered in its purchases of Nokia's mobile-phone business and the digital-marketing-services company aQuantive. This is why many investors prefer that companies simply return cash to shareholders via dividends and buybacks, rather than risk wasting it.</p><p><blockquote>风险在于，微软可能会进行糟糕的收购并浪费现金，否则这些现金可能会通过返还给股东而得到更好的利用。例如，微软在收购诺基亚手机业务和数字营销服务公司aQuantive时犯了错误。这就是为什么许多投资者更喜欢公司通过股息和回购将现金返还给股东，而不是冒着浪费现金的风险。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a3630382d2d6e12a1242ec6697cb950\" tg-width=\"1260\" tg-height=\"467\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（事实集）</span></p></blockquote></p><p> <b>Moat</b></p><p><blockquote><b>护城河</b></blockquote></p><p> Investing great Warren Buffett loves companies with protective moats. Moats create pricing power and make it hard for competitors to win over customers. Microsoft enjoys a wide moat for the following reasons, says Dan Romanoff at Morningstar, which, like Buffett, puts a big emphasis on moats when analyzing companies.</p><p><blockquote>投资大师沃伦·巴菲特喜欢拥有保护性护城河的公司。护城河创造了定价权，使竞争对手很难赢得客户。晨星公司的丹·罗曼诺夫表示，微软拥有宽阔的护城河，原因如下。与巴菲特一样，巴菲特在分析公司时非常重视护城河。</blockquote></p><p> First, a lot of Microsoft business software requires a fairly steep learning curve, so customers get locked into products. Besides, swapping out software is disruptive to a business. This creates switching costs. Next, Microsoft products and services benefit from network effects. As more people use Azure, Microsoft Office, LinkedIn and so forth, these offerings become more valuable to everyone because they connect more people together. Network effects create value for customers, discouraging them from jumping ship.</p><p><blockquote>首先，许多微软商业软件需要相当陡峭的学习曲线，因此客户会被产品锁定。此外，更换软件对企业来说是破坏性的。这就产生了转换成本。其次，微软产品和服务受益于网络效应。随着越来越多的人使用Azure、微软Office、LinkedIn等，这些产品对每个人都变得更有价值，因为它们将更多的人联系在一起。网络效应为客户创造价值，阻止他们跳槽。</blockquote></p><p> <b>Stock valuation and performance</b></p><p><blockquote><b>股票估值和表现</b></blockquote></p><p> Microsoft stock has outperformed the shares of several competitors over the past five years, but it still has a relatively low price-to-earnings (P/E) ratio compared to them. Keep in mind that relatively new companies like CrowdStrike <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a> can have deceptively high P/E ratios because they are still reinvesting a lot into their own businesses, diverting cash away from earnings per share.</p><p><blockquote>过去五年，微软股票的表现优于几家竞争对手的股票，但与它们相比，其市盈率（P/E）仍然相对较低。请记住，像CrowdStrike这样相对较新的公司<a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>市盈率可能很高，因为他们仍在对自己的业务进行大量再投资，将现金从每股收益中转移出去。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8e117411a5c6f56032799c1b4e878800\" tg-width=\"1260\" tg-height=\"583\"></p><p><blockquote></blockquote></p><p> <b>Wall Street's opinion</b></p><p><blockquote><b>华尔街的观点</b></blockquote></p><p> Here's a summary of opinion among Wall Street analysts polled by FactSet:</p><p><blockquote>以下是FactSet调查的华尔街分析师的观点摘要：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c732b48bc05b25cd6526817b99b319f4\" tg-width=\"1260\" tg-height=\"578\"><span>(FACTSET)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（事实集）</span></p></blockquote></p><p> <b>Important dates</b></p><p><blockquote><b>重要日期</b></blockquote></p><p> <ul>  <li>April 27 — Microsoft reports first-quarter earnings.</li>  <li>May 19 — Ex-dividend date.</li>  <li>July 20 — Microsoft reports second-quarter earnings.</li> </ul></p><p><blockquote><ul><li>4月27日-微软公布第一季度收益。</li><li>5月19日——除息日。</li><li>7月20日-微软公布第二季度收益。</li></ul></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/should-you-buy-microsoft-stock-here-are-the-key-numbers-to-look-at-now-11619183078?mod=mw_latestnews\">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":{"MSFT":"微软"},"source_url":"https://www.marketwatch.com/story/should-you-buy-microsoft-stock-here-are-the-key-numbers-to-look-at-now-11619183078?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129095352","content_text":"These are the key metrics for and stock valuation for Microsoft.\nHalo Infinite, developed by Microsoft's Xbox Game Studios. (Microsoft Corp.)\nIf you are thinking about buying shares of Microsoft Corp., or already own them, you need to understand key metrics and issues related to the company.\nThe numbers, below, show how Microsoft $(MSFT)$ stacks up against competitors, and where its strengths and weaknesses lie. Keep in mind that no two companies are alike -- even rivals don't compete in every space. Investors need to do their own research to make informed long-term decisions.\nKey dynamics\nSince Satya Nadella took over as CEO in February 2014 and dramatically changed the direction of this software giant co-founded by Bill Gates, Microsoft has become a key player in cloud computing. That move has paid off handsomely for investors. The stock is up 680% since then, including dividends, more than four times that of the S&P 500 Index .\nThere may be more outperformance ahead for the stock because growth remains so robust, despite the size of this company. Microsoft has a $1.9 trillion market capitalization. Often companies of this size have a hard time posting fast growth simply because they are so large. Yet this 46-year-old software company put up 16.7% sales growth in the fourth quarter.\nMicrosoft's server products and cloud offerings, a $41.4 billion business last year, grew 25.8% in the fourth quarter. The hottest product line is Azure cloud services. Customers like Azure because it helps them become more productive and competitive. So, they will continue to join up, and expand their usage once they sign on.\n\"We are witnessing the dawn of a second wave of digital transformation sweeping every company and every industry,\" Nadella has said.\nAlready at $29 billion a year, Azure sales are growing 50% annually, estimates Goldman Sachs analyst Kash Rangan. (Microsoft does not break out the numbers or offer projections for Azure.) Microsoft also offers artificial intelligence software; Microsoft Office suite products like Word, XL and Outlook; popular video-game hardware; the LinkedIn professional networking site; and, of course, Windows. You can see that four of those business lines are growing at 10% or more, but Windows and search are sluggish.\n(COMPANY FILING)\nGeographic reach\nMicrosoft does half its business outside the U.S. This is good for investors because during times of robust, synchronized global growth like we see now, emerging economies tend to grow much faster than the U.S.\n\"We are investing to bring our cloud services to more customers announcing seven new data center regions in Asia, Europe and Latin America,\" Nadella has announced.\nA vulnerability is that a stronger dollar would hurt Microsoft, since this would reduce the value of foreign earnings as they get exchanged for greenbacks.\n(COMPANY FILING)\nProfitability\nOverall, Microsoft isn't growing as fast as many of its competitors. But the popularity of its cloud products and services supports superior profit margins. For investors, this makes up for the relatively slower sales growth.\n\"Microsoft has pulled ahead of the pack with a state-of-the-art cloud platform,\" says J.P. Morgan analyst Mark Murphy.\n(FACTSET)\nCash and cash flow\nCompanies with lots of cash and solid cash flow have an edge because this helps them avoid the need to rely on banks for dilutive capital raises. It puts them in control of their own destinies. Microsoft uses its cash to buy back stock and pay a 0.87% dividend yield. But it's also tapping the $132 billion cash hoard to grow through acquisitions.\nFor example, Microsoft recently announced the purchase of Nuance Communications, which gives Microsoft solid inroads into the health-care sector. Nuance offers artificial intelligence $(AI)$ used in the sector to analyze conversations and help providers communicate with patients.\nThe risk is that Microsoft might make bad acquisitions and squander cash, which might otherwise have been better used by returning it to shareholders. As examples, Microsoft blundered in its purchases of Nokia's mobile-phone business and the digital-marketing-services company aQuantive. This is why many investors prefer that companies simply return cash to shareholders via dividends and buybacks, rather than risk wasting it.\n(FACTSET)\nMoat\nInvesting great Warren Buffett loves companies with protective moats. Moats create pricing power and make it hard for competitors to win over customers. Microsoft enjoys a wide moat for the following reasons, says Dan Romanoff at Morningstar, which, like Buffett, puts a big emphasis on moats when analyzing companies.\nFirst, a lot of Microsoft business software requires a fairly steep learning curve, so customers get locked into products. Besides, swapping out software is disruptive to a business. This creates switching costs. Next, Microsoft products and services benefit from network effects. As more people use Azure, Microsoft Office, LinkedIn and so forth, these offerings become more valuable to everyone because they connect more people together. Network effects create value for customers, discouraging them from jumping ship.\nStock valuation and performance\nMicrosoft stock has outperformed the shares of several competitors over the past five years, but it still has a relatively low price-to-earnings (P/E) ratio compared to them. Keep in mind that relatively new companies like CrowdStrike $(CRWD)$ can have deceptively high P/E ratios because they are still reinvesting a lot into their own businesses, diverting cash away from earnings per share.\n\nWall Street's opinion\nHere's a summary of opinion among Wall Street analysts polled by FactSet:\n(FACTSET)\nImportant dates\n\nApril 27 — Microsoft reports first-quarter earnings.\nMay 19 — Ex-dividend date.\nJuly 20 — Microsoft reports second-quarter earnings.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":1636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372180278,"gmtCreate":1619185870994,"gmtModify":1634287916492,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"&nbsp;Nice&nbsp;","listText":"&nbsp;Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372180278","repostId":"2129035447","repostType":4,"isVote":1,"tweetType":1,"viewCount":1351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372114262,"gmtCreate":1619185781956,"gmtModify":1634287917653,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Hmmm&nbsp;","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Hmmm&nbsp;","text":"$NIO Inc.(NIO)$Hmmm","images":[{"img":"https://static.tigerbbs.com/d951f7c7177cb60f4b02a9d7d5d48812","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372114262","isVote":1,"tweetType":1,"viewCount":1460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":378662744,"gmtCreate":1619024149688,"gmtModify":1634289125945,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Not bad already&nbsp;","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Not bad already&nbsp;","text":"$NIO Inc.(NIO)$Not bad already","images":[{"img":"https://static.tigerbbs.com/a1c054e2ff6872306c4610a74e622d9a","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/378662744","isVote":1,"tweetType":1,"viewCount":1830,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":378161352,"gmtCreate":1619011653676,"gmtModify":1631886405871,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UBS\">$UBS Group AG(UBS)$</a>Free gift thanks Tiger","listText":"<a href=\"https://laohu8.com/S/UBS\">$UBS Group AG(UBS)$</a>Free gift thanks Tiger","text":"$UBS Group AG(UBS)$Free gift thanks Tiger","images":[{"img":"https://static.tigerbbs.com/78c69203f46d92b1cb2334cab70182d2","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378161352","isVote":1,"tweetType":1,"viewCount":1290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":371898902,"gmtCreate":1618925724206,"gmtModify":1634289866391,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Fall further","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Fall further","text":"$AMC Entertainment(AMC)$Fall further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371898902","isVote":1,"tweetType":1,"viewCount":1565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379633112,"gmtCreate":1618724764836,"gmtModify":1634291232367,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Keep falling&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Keep falling&nbsp;","text":"$AMC Entertainment(AMC)$Keep falling","images":[{"img":"https://static.tigerbbs.com/10994bc10e60e0f95a2389c9b2b9c508","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/379633112","isVote":1,"tweetType":1,"viewCount":518,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":347536398,"gmtCreate":1618500504814,"gmtModify":1634292473264,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>:(","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>:(","text":"$AMC Entertainment(AMC)$:(","images":[{"img":"https://static.tigerbbs.com/6b3f11960a5c23c8473b3e32e41acc60","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/347536398","isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344352402,"gmtCreate":1618379903706,"gmtModify":1634293345632,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"Any opinions on this counter?","listText":"Any opinions on this counter?","text":"Any opinions on this counter?","images":[{"img":"https://static.tigerbbs.com/702d77736384b858993630ea48a00e33","width":"1125","height":"3612"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/344352402","isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344356361,"gmtCreate":1618379750553,"gmtModify":1634293346346,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Please fall further","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Please fall further","text":"$GameStop(GME)$Please fall further","images":[{"img":"https://static.tigerbbs.com/1441ce76f794a9ccde18fe966f6e745e","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/344356361","isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":342485741,"gmtCreate":1618237238783,"gmtModify":1634294239893,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Better than negative no matter how teeny tiny the profit is","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Better than negative no matter how teeny tiny the profit is","text":"$GameStop(GME)$Better than negative no matter how teeny tiny the profit is","images":[{"img":"https://static.tigerbbs.com/d9417846cfaab956792dd3690767d332","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/342485741","isVote":1,"tweetType":1,"viewCount":1256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":342522191,"gmtCreate":1618234036813,"gmtModify":1634294285905,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/342522191","repostId":"1143734305","repostType":4,"repost":{"id":"1143734305","kind":"news","pubTimestamp":1618232572,"share":"https://www.laohu8.com/m/news/1143734305?lang=zh_CN&edition=full","pubTime":"2021-04-12 21:02","market":"us","language":"en","title":"‘Don’t fight the Fed,’ Goldman says. These stocks can benefit from higher inflation<blockquote>高盛说，不要和美联储作对。这些股票可以受益于更高的通胀</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1143734305","media":"MarketWatch","summary":"Critical information for the trading day.\n\nU.S. stocks look set to start Monday on the back foot ahe","content":"<p>  <b>Critical information for the trading day.</b>  U.S. stocks look set to start Monday on the back foot ahead of key inflation data and earnings reports later in the week.</p><p><blockquote><b>交易日的关键信息。</b>在本周晚些时候公布关键通胀数据和收益报告之前，美国股市周一开盘似乎将处于不利地位。</blockquote></p><p> Fears over rising COVID-19 cases and vaccination problems, after a Chinese government official said theeffectiveness of its vaccines was low, has put equity markets under pressure.</p><p><blockquote>在一名中国政府官员表示其疫苗有效性较低后，对COVID-19病例增加和疫苗接种问题的担忧给股市带来了压力。</blockquote></p><p> However, the partial reopening of the U.K. and upbeat comments from Federal Reserve Chair Jerome Powell provided some positivity. Investors will also be awaiting consumer price data on Tuesday and earnings from major banks JPMorgan Chase, Goldman Sachs and Wells Fargo later this week.</p><p><blockquote>然而，英国部分重新开放以及美联储主席杰罗姆·鲍威尔的乐观言论提供了一些积极因素。投资者还将等待周二的消费者价格数据以及本周晚些时候摩根大通、高盛和富国银行的财报。</blockquote></p><p> After a delay on Friday, the U.S. Labor Department said the producer-price index, a key measure of inflation, rose 1% in March — the biggest annual increase since 2011.</p><p><blockquote>周五推迟后，美国劳工部表示，衡量通胀的关键指标生产者价格指数3月份上涨1%，为2011年以来最大年度涨幅。</blockquote></p><p> In our<b>call of the day</b>, Goldman Sachs strategists said higher inflation was on the cards in the coming months, which could boost companies with high pricing power.</p><p><blockquote>在我们的<b>今日看涨期权</b>，高盛策略师表示，未来几个月通胀可能会走高，这可能会提振具有高定价能力的公司。</blockquote></p><p> “‘Don’t fight the Fed’ is a quip investors have learned to ignore at their peril. What the central bank wants is usually what it gets, sooner or later,” the strategists said, noting that the Fed’s intervention a year ago sparked the 80% rally that has lifted the S&amp;P 500SPXto an all-time high. The index has rallied 10% year-to-date and now trades at Goldman’s midyear target of 4,100 — the bank’s end-year target implies a gain of 5%.</p><p><blockquote>“‘不要与美联储对抗’是投资者已经学会忽视的一句俏皮话，后果自负。央行想要的通常是迟早会得到的，”策略师们表示，并指出美联储一年前的干预引发了80%的上涨，将标准普尔500SPX指数推升至历史新高。该指数今年迄今已上涨10%，目前交易价格为高盛的年中目标4,100点——该行的年终目标意味着上涨5%。</blockquote></p><p> The Fed now wants higher inflation, they said. The investment bank’s economics team expected inflation readings to climb in the coming months, peaking at 2.3% in April, before sitting below 2% until 2023.</p><p><blockquote>他们表示，美联储现在希望通胀上升。该投资银行的经济团队预计通胀数据将在未来几个月攀升，4月份达到2.3%的峰值，然后在2023年之前一直低于2%。</blockquote></p><p> When it comes to the impact on stocks, Goldman said it was all about margins, adding that some companies were protecting margins by passing higher costs along to their consumers.</p><p><blockquote>当谈到对股市的影响时，高盛表示，这一切都与利润率有关，并补充说，一些公司通过将更高的成本转嫁给消费者来保护利润率。</blockquote></p><p> The strategists, led by David Kostin, said companies with low pricing power have historically outperformed when S&amp;P 500 profit margins are expanding. In contrast, companies with high pricing power have “sharply lagged” during the past year. However, rising inflation could mean that is about to change, and companies with high pricing power are set to benefit, the strategists said.</p><p><blockquote>以David Kostin为首的策略师表示，从历史上看，当标普500利润率扩大时，定价能力较低的公司的表现会优于大盘。相比之下，具有高定价权的公司在过去一年中“大幅落后”。然而，策略师表示，通胀上升可能意味着这种情况即将改变，具有高定价权的公司将受益。</blockquote></p><p> Goldman screened for stocks with high pricing power — high and stable gross margins relative to sector peers. The screen produced 55 stocks, including videogames company Activision BlizzardATVI,tobacco giant Philip MorrisPM,consumer-goods companies Colgate-PalmoliveCLand Procter &amp; GamblePG,and drug manufacturer ZoetisZTS.Technology companies, such as Aspen TechnologyAZPN,AdobeADBEand OracleORCL,and retailers EtsyETSYand Dollar GeneralDGalso featured.</p><p><blockquote>高盛筛选了具有高定价能力的股票——相对于行业同行，毛利率高且稳定。屏幕上出现了55只股票，包括视频游戏公司动视暴雪ATVI、烟草巨头菲利普莫里斯PM、消费品公司高露洁棕榄和宝洁PG以及药品制造商ZoetisZTS。Aspen TechnologyAZPN、AdobeADBED和OracleORCL等科技公司以及零售商EtsyETSY和Dollar GeneralDGALS也亮相。</blockquote></p><p> Separately, with first-quarter earnings seasons getting under way next week, Goldman expected aggregated sales growth of 5% and earnings per share (EPS) growth of 19%. But that won’t matter much, its strategists added. “The trajectory of the economic recovery will continue to make backward-looking metrics less relevant for the forward-looking market,” they said.</p><p><blockquote>另外，随着第一季度财报季下周开始，高盛预计总销售额增长5%，每股收益(EPS)增长19%。但其策略师补充说，这并不重要。他们表示：“经济复苏的轨迹将继续使回顾性指标与前瞻性市场的相关性降低。”</blockquote></p><p> The next issue dominating investor discussions is President Joe Biden’s plan to boost corporate tax to 28%, Goldman said. The full adoption of Biden’s proposals would see 2022 annual S&amp;P 500 EPS growth of 12% fall to just 5%, they added.</p><p><blockquote>高盛表示，主导投资者讨论的下一个问题是乔·拜登总统将公司税提高至28%的计划。他们补充说，如果拜登的提议得到全面采纳，标普500 2022年每股收益年增长率将从12%降至仅5%。</blockquote></p><p> <b>The tweet</b></p><p><blockquote><b>推特</b></blockquote></p><p> Higher producer prices are positively linked to S&amp;P 500 earnings, according to this chart from Jeroen Blokland, senior portfolio manager at Robeco Asset Management.</p><p><blockquote>荷宝资产管理公司高级投资组合经理Jeroen Blokland的这张图表显示，生产者价格上涨与标普500盈利呈正相关。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ff49fe03ef2d0536dd91ba494eba5e5c\" tg-width=\"413\" tg-height=\"445\"><b>The markets</b></p><p><blockquote><b>市场</b></blockquote></p><p> U.S. stock futuresES00NQ00pointed lower early on Monday, with Dow futuresYM00implying a 40-point loss for the Dow Jones Industrial AverageDJIAat the open. European stocks alsonudged lowerin early trading, while Asian markets slipped overnight as investors monitoredrising coronavirus casesand slow vaccination rollouts.</p><p><blockquote>美国股指期货ES00NQ00周一早盘走低，道指期货YM00意味着道琼斯工业平均指数DJIA开盘下跌40点。欧洲股市早盘也大幅走低，而亚洲股市隔夜下跌，原因是投资者关注冠状病毒病例上升和疫苗接种推广缓慢。</blockquote></p><p> <b>The buzz</b></p><p><blockquote><b>嗡嗡声</b></blockquote></p><p> Powell said“it will be a while”before the central bank taps the brakes on the economy, in an interview on “60 Minutes” on Sunday.</p><p><blockquote>鲍威尔周日在接受《60分钟》采访时表示，央行踩下经济刹车“还需要一段时间”。</blockquote></p><p> Tech giant MicrosoftMSFTis in advanced talks to buy speech-recognition company Nuance CommunicationsNUANin a deal valued at about $16 billion, according to multiple reports on Sunday.</p><p><blockquote>据周日多份报道称，科技巨头微软MSFT正在就收购语音识别公司Nuance CommunicationsNUAN进行深入谈判，交易价值约160亿美元。</blockquote></p><p> Pub gardens, hair salons, gyms and nonessential shopswill open in Englandon Monday for the first time since early January, as the U.K. takes the next step on its path to reopening.</p><p><blockquote>随着英国在重新开放的道路上迈出下一步，英格兰的酒吧花园、发廊、健身房和非必需品商店将于周一开业，这是自一月初以来的首次。</blockquote></p><p> AlibabaHK:9988shares surged 7% in Hong Kong trading after the e-commerce giant wasfined a record $2.8 billion by China’s antitrust watchdog. The company’s American depositary receiptsBABAwere more than 6% higher in premarket trading.</p><p><blockquote>阿里巴巴香港：9988这家电子商务巨头被中国反垄断监管机构处以创纪录的28亿美元罚款后，该公司股价在香港交易中飙升7%。该公司的美国存托凭证BABA在盘前交易中上涨超过6%。</blockquote></p><p> Italian diagnostic specialist DiaSorinIT:DIAannounced adeal to buy COVID-19 testing kit makerLuminex Corp.LMNXfor around $1.8 billion.</p><p><blockquote>意大利诊断专家DiaSorinIT：DIA宣布以约18亿美元收购COVID-19检测试剂盒制造商Luminex Corp.LMNX。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Don’t fight the Fed,’ Goldman says. These stocks can benefit from higher inflation<blockquote>高盛说，不要和美联储作对。这些股票可以受益于更高的通胀</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\">\n‘Don’t fight the Fed,’ Goldman says. These stocks can benefit from higher inflation<blockquote>高盛说，不要和美联储作对。这些股票可以受益于更高的通胀</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-04-12 21:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Critical information for the trading day.</b>  U.S. stocks look set to start Monday on the back foot ahead of key inflation data and earnings reports later in the week.</p><p><blockquote><b>交易日的关键信息。</b>在本周晚些时候公布关键通胀数据和收益报告之前，美国股市周一开盘似乎将处于不利地位。</blockquote></p><p> Fears over rising COVID-19 cases and vaccination problems, after a Chinese government official said theeffectiveness of its vaccines was low, has put equity markets under pressure.</p><p><blockquote>在一名中国政府官员表示其疫苗有效性较低后，对COVID-19病例增加和疫苗接种问题的担忧给股市带来了压力。</blockquote></p><p> However, the partial reopening of the U.K. and upbeat comments from Federal Reserve Chair Jerome Powell provided some positivity. Investors will also be awaiting consumer price data on Tuesday and earnings from major banks JPMorgan Chase, Goldman Sachs and Wells Fargo later this week.</p><p><blockquote>然而，英国部分重新开放以及美联储主席杰罗姆·鲍威尔的乐观言论提供了一些积极因素。投资者还将等待周二的消费者价格数据以及本周晚些时候摩根大通、高盛和富国银行的财报。</blockquote></p><p> After a delay on Friday, the U.S. Labor Department said the producer-price index, a key measure of inflation, rose 1% in March — the biggest annual increase since 2011.</p><p><blockquote>周五推迟后，美国劳工部表示，衡量通胀的关键指标生产者价格指数3月份上涨1%，为2011年以来最大年度涨幅。</blockquote></p><p> In our<b>call of the day</b>, Goldman Sachs strategists said higher inflation was on the cards in the coming months, which could boost companies with high pricing power.</p><p><blockquote>在我们的<b>今日看涨期权</b>，高盛策略师表示，未来几个月通胀可能会走高，这可能会提振具有高定价能力的公司。</blockquote></p><p> “‘Don’t fight the Fed’ is a quip investors have learned to ignore at their peril. What the central bank wants is usually what it gets, sooner or later,” the strategists said, noting that the Fed’s intervention a year ago sparked the 80% rally that has lifted the S&amp;P 500SPXto an all-time high. The index has rallied 10% year-to-date and now trades at Goldman’s midyear target of 4,100 — the bank’s end-year target implies a gain of 5%.</p><p><blockquote>“‘不要与美联储对抗’是投资者已经学会忽视的一句俏皮话，后果自负。央行想要的通常是迟早会得到的，”策略师们表示，并指出美联储一年前的干预引发了80%的上涨，将标准普尔500SPX指数推升至历史新高。该指数今年迄今已上涨10%，目前交易价格为高盛的年中目标4,100点——该行的年终目标意味着上涨5%。</blockquote></p><p> The Fed now wants higher inflation, they said. The investment bank’s economics team expected inflation readings to climb in the coming months, peaking at 2.3% in April, before sitting below 2% until 2023.</p><p><blockquote>他们表示，美联储现在希望通胀上升。该投资银行的经济团队预计通胀数据将在未来几个月攀升，4月份达到2.3%的峰值，然后在2023年之前一直低于2%。</blockquote></p><p> When it comes to the impact on stocks, Goldman said it was all about margins, adding that some companies were protecting margins by passing higher costs along to their consumers.</p><p><blockquote>当谈到对股市的影响时，高盛表示，这一切都与利润率有关，并补充说，一些公司通过将更高的成本转嫁给消费者来保护利润率。</blockquote></p><p> The strategists, led by David Kostin, said companies with low pricing power have historically outperformed when S&amp;P 500 profit margins are expanding. In contrast, companies with high pricing power have “sharply lagged” during the past year. However, rising inflation could mean that is about to change, and companies with high pricing power are set to benefit, the strategists said.</p><p><blockquote>以David Kostin为首的策略师表示，从历史上看，当标普500利润率扩大时，定价能力较低的公司的表现会优于大盘。相比之下，具有高定价权的公司在过去一年中“大幅落后”。然而，策略师表示，通胀上升可能意味着这种情况即将改变，具有高定价权的公司将受益。</blockquote></p><p> Goldman screened for stocks with high pricing power — high and stable gross margins relative to sector peers. The screen produced 55 stocks, including videogames company Activision BlizzardATVI,tobacco giant Philip MorrisPM,consumer-goods companies Colgate-PalmoliveCLand Procter &amp; GamblePG,and drug manufacturer ZoetisZTS.Technology companies, such as Aspen TechnologyAZPN,AdobeADBEand OracleORCL,and retailers EtsyETSYand Dollar GeneralDGalso featured.</p><p><blockquote>高盛筛选了具有高定价能力的股票——相对于行业同行，毛利率高且稳定。屏幕上出现了55只股票，包括视频游戏公司动视暴雪ATVI、烟草巨头菲利普莫里斯PM、消费品公司高露洁棕榄和宝洁PG以及药品制造商ZoetisZTS。Aspen TechnologyAZPN、AdobeADBED和OracleORCL等科技公司以及零售商EtsyETSY和Dollar GeneralDGALS也亮相。</blockquote></p><p> Separately, with first-quarter earnings seasons getting under way next week, Goldman expected aggregated sales growth of 5% and earnings per share (EPS) growth of 19%. But that won’t matter much, its strategists added. “The trajectory of the economic recovery will continue to make backward-looking metrics less relevant for the forward-looking market,” they said.</p><p><blockquote>另外，随着第一季度财报季下周开始，高盛预计总销售额增长5%，每股收益(EPS)增长19%。但其策略师补充说，这并不重要。他们表示：“经济复苏的轨迹将继续使回顾性指标与前瞻性市场的相关性降低。”</blockquote></p><p> The next issue dominating investor discussions is President Joe Biden’s plan to boost corporate tax to 28%, Goldman said. The full adoption of Biden’s proposals would see 2022 annual S&amp;P 500 EPS growth of 12% fall to just 5%, they added.</p><p><blockquote>高盛表示，主导投资者讨论的下一个问题是乔·拜登总统将公司税提高至28%的计划。他们补充说，如果拜登的提议得到全面采纳，标普500 2022年每股收益年增长率将从12%降至仅5%。</blockquote></p><p> <b>The tweet</b></p><p><blockquote><b>推特</b></blockquote></p><p> Higher producer prices are positively linked to S&amp;P 500 earnings, according to this chart from Jeroen Blokland, senior portfolio manager at Robeco Asset Management.</p><p><blockquote>荷宝资产管理公司高级投资组合经理Jeroen Blokland的这张图表显示，生产者价格上涨与标普500盈利呈正相关。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ff49fe03ef2d0536dd91ba494eba5e5c\" tg-width=\"413\" tg-height=\"445\"><b>The markets</b></p><p><blockquote><b>市场</b></blockquote></p><p> U.S. stock futuresES00NQ00pointed lower early on Monday, with Dow futuresYM00implying a 40-point loss for the Dow Jones Industrial AverageDJIAat the open. European stocks alsonudged lowerin early trading, while Asian markets slipped overnight as investors monitoredrising coronavirus casesand slow vaccination rollouts.</p><p><blockquote>美国股指期货ES00NQ00周一早盘走低，道指期货YM00意味着道琼斯工业平均指数DJIA开盘下跌40点。欧洲股市早盘也大幅走低，而亚洲股市隔夜下跌，原因是投资者关注冠状病毒病例上升和疫苗接种推广缓慢。</blockquote></p><p> <b>The buzz</b></p><p><blockquote><b>嗡嗡声</b></blockquote></p><p> Powell said“it will be a while”before the central bank taps the brakes on the economy, in an interview on “60 Minutes” on Sunday.</p><p><blockquote>鲍威尔周日在接受《60分钟》采访时表示，央行踩下经济刹车“还需要一段时间”。</blockquote></p><p> Tech giant MicrosoftMSFTis in advanced talks to buy speech-recognition company Nuance CommunicationsNUANin a deal valued at about $16 billion, according to multiple reports on Sunday.</p><p><blockquote>据周日多份报道称，科技巨头微软MSFT正在就收购语音识别公司Nuance CommunicationsNUAN进行深入谈判，交易价值约160亿美元。</blockquote></p><p> Pub gardens, hair salons, gyms and nonessential shopswill open in Englandon Monday for the first time since early January, as the U.K. takes the next step on its path to reopening.</p><p><blockquote>随着英国在重新开放的道路上迈出下一步，英格兰的酒吧花园、发廊、健身房和非必需品商店将于周一开业，这是自一月初以来的首次。</blockquote></p><p> AlibabaHK:9988shares surged 7% in Hong Kong trading after the e-commerce giant wasfined a record $2.8 billion by China’s antitrust watchdog. The company’s American depositary receiptsBABAwere more than 6% higher in premarket trading.</p><p><blockquote>阿里巴巴香港：9988这家电子商务巨头被中国反垄断监管机构处以创纪录的28亿美元罚款后，该公司股价在香港交易中飙升7%。该公司的美国存托凭证BABA在盘前交易中上涨超过6%。</blockquote></p><p> Italian diagnostic specialist DiaSorinIT:DIAannounced adeal to buy COVID-19 testing kit makerLuminex Corp.LMNXfor around $1.8 billion.</p><p><blockquote>意大利诊断专家DiaSorinIT：DIA宣布以约18亿美元收购COVID-19检测试剂盒制造商Luminex Corp.LMNX。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/dont-fight-the-fed-goldman-says-these-stocks-can-benefit-from-higher-inflation-11618226926?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":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/dont-fight-the-fed-goldman-says-these-stocks-can-benefit-from-higher-inflation-11618226926?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143734305","content_text":"Critical information for the trading day.\n\nU.S. stocks look set to start Monday on the back foot ahead of key inflation data and earnings reports later in the week.\nFears over rising COVID-19 cases and vaccination problems, after a Chinese government official said theeffectiveness of its vaccines was low, has put equity markets under pressure.\nHowever, the partial reopening of the U.K. and upbeat comments from Federal Reserve Chair Jerome Powell provided some positivity. Investors will also be awaiting consumer price data on Tuesday and earnings from major banks JPMorgan Chase, Goldman Sachs and Wells Fargo later this week.\nAfter a delay on Friday, the U.S. Labor Department said the producer-price index, a key measure of inflation, rose 1% in March — the biggest annual increase since 2011.\nIn ourcall of the day, Goldman Sachs strategists said higher inflation was on the cards in the coming months, which could boost companies with high pricing power.\n“‘Don’t fight the Fed’ is a quip investors have learned to ignore at their peril. What the central bank wants is usually what it gets, sooner or later,” the strategists said, noting that the Fed’s intervention a year ago sparked the 80% rally that has lifted the S&P 500SPXto an all-time high. The index has rallied 10% year-to-date and now trades at Goldman’s midyear target of 4,100 — the bank’s end-year target implies a gain of 5%.\nThe Fed now wants higher inflation, they said. The investment bank’s economics team expected inflation readings to climb in the coming months, peaking at 2.3% in April, before sitting below 2% until 2023.\nWhen it comes to the impact on stocks, Goldman said it was all about margins, adding that some companies were protecting margins by passing higher costs along to their consumers.\nThe strategists, led by David Kostin, said companies with low pricing power have historically outperformed when S&P 500 profit margins are expanding. In contrast, companies with high pricing power have “sharply lagged” during the past year. However, rising inflation could mean that is about to change, and companies with high pricing power are set to benefit, the strategists said.\nGoldman screened for stocks with high pricing power — high and stable gross margins relative to sector peers. The screen produced 55 stocks, including videogames company Activision BlizzardATVI,tobacco giant Philip MorrisPM,consumer-goods companies Colgate-PalmoliveCLand Procter & GamblePG,and drug manufacturer ZoetisZTS.Technology companies, such as Aspen TechnologyAZPN,AdobeADBEand OracleORCL,and retailers EtsyETSYand Dollar GeneralDGalso featured.\nSeparately, with first-quarter earnings seasons getting under way next week, Goldman expected aggregated sales growth of 5% and earnings per share (EPS) growth of 19%. But that won’t matter much, its strategists added. “The trajectory of the economic recovery will continue to make backward-looking metrics less relevant for the forward-looking market,” they said.\nThe next issue dominating investor discussions is President Joe Biden’s plan to boost corporate tax to 28%, Goldman said. The full adoption of Biden’s proposals would see 2022 annual S&P 500 EPS growth of 12% fall to just 5%, they added.\nThe tweet\nHigher producer prices are positively linked to S&P 500 earnings, according to this chart from Jeroen Blokland, senior portfolio manager at Robeco Asset Management.\nThe markets\nU.S. stock futuresES00NQ00pointed lower early on Monday, with Dow futuresYM00implying a 40-point loss for the Dow Jones Industrial AverageDJIAat the open. European stocks alsonudged lowerin early trading, while Asian markets slipped overnight as investors monitoredrising coronavirus casesand slow vaccination rollouts.\nThe buzz\nPowell said“it will be a while”before the central bank taps the brakes on the economy, in an interview on “60 Minutes” on Sunday.\nTech giant MicrosoftMSFTis in advanced talks to buy speech-recognition company Nuance CommunicationsNUANin a deal valued at about $16 billion, according to multiple reports on Sunday.\nPub gardens, hair salons, gyms and nonessential shopswill open in Englandon Monday for the first time since early January, as the U.K. takes the next step on its path to reopening.\nAlibabaHK:9988shares surged 7% in Hong Kong trading after the e-commerce giant wasfined a record $2.8 billion by China’s antitrust watchdog. The company’s American depositary receiptsBABAwere more than 6% higher in premarket trading.\nItalian diagnostic specialist DiaSorinIT:DIAannounced adeal to buy COVID-19 testing kit makerLuminex Corp.LMNXfor around $1.8 billion.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342522302,"gmtCreate":1618234020106,"gmtModify":1634294286027,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342522302","repostId":"1135079604","repostType":4,"repost":{"id":"1135079604","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":1618233627,"share":"https://www.laohu8.com/m/news/1135079604?lang=zh_CN&edition=full","pubTime":"2021-04-12 21:20","market":"us","language":"en","title":"XPeng to Debut New LiDAR-Equipped Smart EV<blockquote>小鹏汽车将推出配备激光雷达的新型智能电动汽车</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135079604","media":"Tiger Newspress","summary":"XPeng Inc. (NYSE: XPEV) will premier its third production model, the XPeng P5 smart sedan, on 14 Apr","content":"<p>XPeng Inc. (NYSE: XPEV) will premier its third production model, the XPeng P5 smart sedan, on 14 April 2021 in a press briefing in Guangzhou, China.</p><p><blockquote>小鹏汽车（纽约证券交易所股票代码：XPEV）将于2021年4月14日在广州举行的新闻发布会上推出其第三款量产车型小鹏P5智能轿车。</blockquote></p><p>The P5 is the world’s first mass-produced smart EV equipped with automotive-grade LiDAR technology, powered by XPeng’s full-stack in-house developed autonomous driving system XPILOT.</p><p><blockquote>P5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，由小鹏汽车自研全栈自动驾驶系统XPILOT提供动力。</blockquote></p><p>The press briefing will reveal the P5’s unique design language, the underlying architecture for XPeng’s next-generation XPILOT 3.5 system and its functionalities, the new features supported by XPeng’s proprietary intelligent in-car operating system Xmart OS, and more.</p><p><blockquote>发布会将揭示P5独特的设计语言、小鹏汽车下一代XPILOT 3.5系统的底层架构及其功能、小鹏汽车专有智能车载操作系统Xmart OS支持的新功能等。</blockquote></p><p>The XPeng P5 will be featured at the Auto Shanghai 2021 on 19thApril, with full details of its configurations, performance and pricing.</p><p><blockquote>小鹏P5将于4月19日在2021年上海车展上亮相，详细介绍其配置、性能和定价。</blockquote></p><p>The replay of the P5 Debut Press Briefing broadcast will be available on 14 April 2021 via<b> XPeng IR Website</b>&nbsp;and&nbsp;<b>XPeng YouTube channel.</b></p><p><blockquote>P5首次新闻发布会的重播将于2021年4月14日通过<b>小鹏IR网站</b>和<b>小鹏YouTube频道。</b></blockquote></p><p>XPeng&nbsp;rose&nbsp;about&nbsp;1%&nbsp;in&nbsp;premarket.</p><p><blockquote>小鹏汽车盘前上涨约1%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/05cfa5d9713c088b460ea4f5d3d66586\" tg-width=\"663\" tg-height=\"564\"></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>XPeng to Debut New LiDAR-Equipped Smart EV<blockquote>小鹏汽车将推出配备激光雷达的新型智能电动汽车</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 to Debut New LiDAR-Equipped Smart EV<blockquote>小鹏汽车将推出配备激光雷达的新型智能电动汽车</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\">2021-04-12 21:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>XPeng Inc. (NYSE: XPEV) will premier its third production model, the XPeng P5 smart sedan, on 14 April 2021 in a press briefing in Guangzhou, China.</p><p><blockquote>小鹏汽车（纽约证券交易所股票代码：XPEV）将于2021年4月14日在广州举行的新闻发布会上推出其第三款量产车型小鹏P5智能轿车。</blockquote></p><p>The P5 is the world’s first mass-produced smart EV equipped with automotive-grade LiDAR technology, powered by XPeng’s full-stack in-house developed autonomous driving system XPILOT.</p><p><blockquote>P5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，由小鹏汽车自研全栈自动驾驶系统XPILOT提供动力。</blockquote></p><p>The press briefing will reveal the P5’s unique design language, the underlying architecture for XPeng’s next-generation XPILOT 3.5 system and its functionalities, the new features supported by XPeng’s proprietary intelligent in-car operating system Xmart OS, and more.</p><p><blockquote>发布会将揭示P5独特的设计语言、小鹏汽车下一代XPILOT 3.5系统的底层架构及其功能、小鹏汽车专有智能车载操作系统Xmart OS支持的新功能等。</blockquote></p><p>The XPeng P5 will be featured at the Auto Shanghai 2021 on 19thApril, with full details of its configurations, performance and pricing.</p><p><blockquote>小鹏P5将于4月19日在2021年上海车展上亮相，详细介绍其配置、性能和定价。</blockquote></p><p>The replay of the P5 Debut Press Briefing broadcast will be available on 14 April 2021 via<b> XPeng IR Website</b>&nbsp;and&nbsp;<b>XPeng YouTube channel.</b></p><p><blockquote>P5首次新闻发布会的重播将于2021年4月14日通过<b>小鹏IR网站</b>和<b>小鹏YouTube频道。</b></blockquote></p><p>XPeng&nbsp;rose&nbsp;about&nbsp;1%&nbsp;in&nbsp;premarket.</p><p><blockquote>小鹏汽车盘前上涨约1%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/05cfa5d9713c088b460ea4f5d3d66586\" tg-width=\"663\" tg-height=\"564\"></p><p><blockquote></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":"1135079604","content_text":"XPeng Inc. (NYSE: XPEV) will premier its third production model, the XPeng P5 smart sedan, on 14 April 2021 in a press briefing in Guangzhou, China.The P5 is the world’s first mass-produced smart EV equipped with automotive-grade LiDAR technology, powered by XPeng’s full-stack in-house developed autonomous driving system XPILOT.The press briefing will reveal the P5’s unique design language, the underlying architecture for XPeng’s next-generation XPILOT 3.5 system and its functionalities, the new features supported by XPeng’s proprietary intelligent in-car operating system Xmart OS, and more.The XPeng P5 will be featured at the Auto Shanghai 2021 on 19thApril, with full details of its configurations, performance and pricing.The replay of the P5 Debut Press Briefing broadcast will be available on 14 April 2021 via XPeng IR Website and XPeng YouTube channel.XPeng rose about 1% in premarket.","news_type":1,"symbols_score_info":{"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346648513,"gmtCreate":1618036765532,"gmtModify":1634295103455,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/346648513","repostId":"1101452417","repostType":4,"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346648290,"gmtCreate":1618036750310,"gmtModify":1634295103576,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/346648290","repostId":"2126038125","repostType":4,"isVote":1,"tweetType":1,"viewCount":734,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346648191,"gmtCreate":1618036730213,"gmtModify":1634295103817,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575605626092768","idStr":"3575605626092768"},"themes":[],"htmlText":"What’s the outlook for this?","listText":"What’s the outlook for this?","text":"What’s the outlook for this?","images":[{"img":"https://static.tigerbbs.com/6f8ecba8e0e305a2a0928c45c2144b62","width":"1125","height":"3658"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346648191","isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":346648290,"gmtCreate":1618036750310,"gmtModify":1634295103576,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/346648290","repostId":"2126038125","repostType":4,"isVote":1,"tweetType":1,"viewCount":734,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324341116,"gmtCreate":1615968910635,"gmtModify":1703495652232,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Small profit beats losses","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Small profit beats losses","text":"$GameStop(GME)$Small profit beats losses","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/324341116","isVote":1,"tweetType":1,"viewCount":1092,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198201235,"gmtCreate":1620958830827,"gmtModify":1631887437464,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/VXRT\">$Vaxart, Inc(VXRT)$</a>Never gonna let such counter burn me again&nbsp;","listText":"<a href=\"https://laohu8.com/S/VXRT\">$Vaxart, Inc(VXRT)$</a>Never gonna let such counter burn me again&nbsp;","text":"$Vaxart, Inc(VXRT)$Never gonna let such counter burn me again","images":[{"img":"https://static.tigerbbs.com/575b9b37eb1fe043d35a44b0bc61e9a5","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/198201235","isVote":1,"tweetType":1,"viewCount":3223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":369459450,"gmtCreate":1614072503270,"gmtModify":1631891465089,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/VCNX\">$Vaccinex Inc.(VCNX)$</a>Who else is stilling holding on ?","listText":"<a href=\"https://laohu8.com/S/VCNX\">$Vaccinex Inc.(VCNX)$</a>Who else is stilling holding on ?","text":"$Vaccinex Inc.(VCNX)$Who else is stilling holding on ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/369459450","isVote":1,"tweetType":1,"viewCount":1181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342485741,"gmtCreate":1618237238783,"gmtModify":1634294239893,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Better than negative no matter how teeny tiny the profit is","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Better than negative no matter how teeny tiny the profit is","text":"$GameStop(GME)$Better than negative no matter how teeny tiny the profit is","images":[{"img":"https://static.tigerbbs.com/d9417846cfaab956792dd3690767d332","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/342485741","isVote":1,"tweetType":1,"viewCount":1256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":346659118,"gmtCreate":1618034153234,"gmtModify":1634295112972,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Small gain is better than loss","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Small gain is better than loss","text":"$GameStop(GME)$Small gain is better than loss","images":[{"img":"https://static.tigerbbs.com/981c97554b61a7a7d993d28eea98a5dc","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/346659118","isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344356361,"gmtCreate":1618379750553,"gmtModify":1634293346346,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Please fall further","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Please fall further","text":"$GameStop(GME)$Please fall further","images":[{"img":"https://static.tigerbbs.com/1441ce76f794a9ccde18fe966f6e745e","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/344356361","isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":350939844,"gmtCreate":1616147097788,"gmtModify":1634527007311,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"Nice read","listText":"Nice read","text":"Nice read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/350939844","repostId":"1172350537","repostType":4,"isVote":1,"tweetType":1,"viewCount":618,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342522191,"gmtCreate":1618234036813,"gmtModify":1634294285905,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/342522191","repostId":"1143734305","repostType":4,"repost":{"id":"1143734305","kind":"news","pubTimestamp":1618232572,"share":"https://www.laohu8.com/m/news/1143734305?lang=zh_CN&edition=full","pubTime":"2021-04-12 21:02","market":"us","language":"en","title":"‘Don’t fight the Fed,’ Goldman says. These stocks can benefit from higher inflation<blockquote>高盛说，不要和美联储作对。这些股票可以受益于更高的通胀</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1143734305","media":"MarketWatch","summary":"Critical information for the trading day.\n\nU.S. stocks look set to start Monday on the back foot ahe","content":"<p>  <b>Critical information for the trading day.</b>  U.S. stocks look set to start Monday on the back foot ahead of key inflation data and earnings reports later in the week.</p><p><blockquote><b>交易日的关键信息。</b>在本周晚些时候公布关键通胀数据和收益报告之前，美国股市周一开盘似乎将处于不利地位。</blockquote></p><p> Fears over rising COVID-19 cases and vaccination problems, after a Chinese government official said theeffectiveness of its vaccines was low, has put equity markets under pressure.</p><p><blockquote>在一名中国政府官员表示其疫苗有效性较低后，对COVID-19病例增加和疫苗接种问题的担忧给股市带来了压力。</blockquote></p><p> However, the partial reopening of the U.K. and upbeat comments from Federal Reserve Chair Jerome Powell provided some positivity. Investors will also be awaiting consumer price data on Tuesday and earnings from major banks JPMorgan Chase, Goldman Sachs and Wells Fargo later this week.</p><p><blockquote>然而，英国部分重新开放以及美联储主席杰罗姆·鲍威尔的乐观言论提供了一些积极因素。投资者还将等待周二的消费者价格数据以及本周晚些时候摩根大通、高盛和富国银行的财报。</blockquote></p><p> After a delay on Friday, the U.S. Labor Department said the producer-price index, a key measure of inflation, rose 1% in March — the biggest annual increase since 2011.</p><p><blockquote>周五推迟后，美国劳工部表示，衡量通胀的关键指标生产者价格指数3月份上涨1%，为2011年以来最大年度涨幅。</blockquote></p><p> In our<b>call of the day</b>, Goldman Sachs strategists said higher inflation was on the cards in the coming months, which could boost companies with high pricing power.</p><p><blockquote>在我们的<b>今日看涨期权</b>，高盛策略师表示，未来几个月通胀可能会走高，这可能会提振具有高定价能力的公司。</blockquote></p><p> “‘Don’t fight the Fed’ is a quip investors have learned to ignore at their peril. What the central bank wants is usually what it gets, sooner or later,” the strategists said, noting that the Fed’s intervention a year ago sparked the 80% rally that has lifted the S&amp;P 500SPXto an all-time high. The index has rallied 10% year-to-date and now trades at Goldman’s midyear target of 4,100 — the bank’s end-year target implies a gain of 5%.</p><p><blockquote>“‘不要与美联储对抗’是投资者已经学会忽视的一句俏皮话，后果自负。央行想要的通常是迟早会得到的，”策略师们表示，并指出美联储一年前的干预引发了80%的上涨，将标准普尔500SPX指数推升至历史新高。该指数今年迄今已上涨10%，目前交易价格为高盛的年中目标4,100点——该行的年终目标意味着上涨5%。</blockquote></p><p> The Fed now wants higher inflation, they said. The investment bank’s economics team expected inflation readings to climb in the coming months, peaking at 2.3% in April, before sitting below 2% until 2023.</p><p><blockquote>他们表示，美联储现在希望通胀上升。该投资银行的经济团队预计通胀数据将在未来几个月攀升，4月份达到2.3%的峰值，然后在2023年之前一直低于2%。</blockquote></p><p> When it comes to the impact on stocks, Goldman said it was all about margins, adding that some companies were protecting margins by passing higher costs along to their consumers.</p><p><blockquote>当谈到对股市的影响时，高盛表示，这一切都与利润率有关，并补充说，一些公司通过将更高的成本转嫁给消费者来保护利润率。</blockquote></p><p> The strategists, led by David Kostin, said companies with low pricing power have historically outperformed when S&amp;P 500 profit margins are expanding. In contrast, companies with high pricing power have “sharply lagged” during the past year. However, rising inflation could mean that is about to change, and companies with high pricing power are set to benefit, the strategists said.</p><p><blockquote>以David Kostin为首的策略师表示，从历史上看，当标普500利润率扩大时，定价能力较低的公司的表现会优于大盘。相比之下，具有高定价权的公司在过去一年中“大幅落后”。然而，策略师表示，通胀上升可能意味着这种情况即将改变，具有高定价权的公司将受益。</blockquote></p><p> Goldman screened for stocks with high pricing power — high and stable gross margins relative to sector peers. The screen produced 55 stocks, including videogames company Activision BlizzardATVI,tobacco giant Philip MorrisPM,consumer-goods companies Colgate-PalmoliveCLand Procter &amp; GamblePG,and drug manufacturer ZoetisZTS.Technology companies, such as Aspen TechnologyAZPN,AdobeADBEand OracleORCL,and retailers EtsyETSYand Dollar GeneralDGalso featured.</p><p><blockquote>高盛筛选了具有高定价能力的股票——相对于行业同行，毛利率高且稳定。屏幕上出现了55只股票，包括视频游戏公司动视暴雪ATVI、烟草巨头菲利普莫里斯PM、消费品公司高露洁棕榄和宝洁PG以及药品制造商ZoetisZTS。Aspen TechnologyAZPN、AdobeADBED和OracleORCL等科技公司以及零售商EtsyETSY和Dollar GeneralDGALS也亮相。</blockquote></p><p> Separately, with first-quarter earnings seasons getting under way next week, Goldman expected aggregated sales growth of 5% and earnings per share (EPS) growth of 19%. But that won’t matter much, its strategists added. “The trajectory of the economic recovery will continue to make backward-looking metrics less relevant for the forward-looking market,” they said.</p><p><blockquote>另外，随着第一季度财报季下周开始，高盛预计总销售额增长5%，每股收益(EPS)增长19%。但其策略师补充说，这并不重要。他们表示：“经济复苏的轨迹将继续使回顾性指标与前瞻性市场的相关性降低。”</blockquote></p><p> The next issue dominating investor discussions is President Joe Biden’s plan to boost corporate tax to 28%, Goldman said. The full adoption of Biden’s proposals would see 2022 annual S&amp;P 500 EPS growth of 12% fall to just 5%, they added.</p><p><blockquote>高盛表示，主导投资者讨论的下一个问题是乔·拜登总统将公司税提高至28%的计划。他们补充说，如果拜登的提议得到全面采纳，标普500 2022年每股收益年增长率将从12%降至仅5%。</blockquote></p><p> <b>The tweet</b></p><p><blockquote><b>推特</b></blockquote></p><p> Higher producer prices are positively linked to S&amp;P 500 earnings, according to this chart from Jeroen Blokland, senior portfolio manager at Robeco Asset Management.</p><p><blockquote>荷宝资产管理公司高级投资组合经理Jeroen Blokland的这张图表显示，生产者价格上涨与标普500盈利呈正相关。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ff49fe03ef2d0536dd91ba494eba5e5c\" tg-width=\"413\" tg-height=\"445\"><b>The markets</b></p><p><blockquote><b>市场</b></blockquote></p><p> U.S. stock futuresES00NQ00pointed lower early on Monday, with Dow futuresYM00implying a 40-point loss for the Dow Jones Industrial AverageDJIAat the open. European stocks alsonudged lowerin early trading, while Asian markets slipped overnight as investors monitoredrising coronavirus casesand slow vaccination rollouts.</p><p><blockquote>美国股指期货ES00NQ00周一早盘走低，道指期货YM00意味着道琼斯工业平均指数DJIA开盘下跌40点。欧洲股市早盘也大幅走低，而亚洲股市隔夜下跌，原因是投资者关注冠状病毒病例上升和疫苗接种推广缓慢。</blockquote></p><p> <b>The buzz</b></p><p><blockquote><b>嗡嗡声</b></blockquote></p><p> Powell said“it will be a while”before the central bank taps the brakes on the economy, in an interview on “60 Minutes” on Sunday.</p><p><blockquote>鲍威尔周日在接受《60分钟》采访时表示，央行踩下经济刹车“还需要一段时间”。</blockquote></p><p> Tech giant MicrosoftMSFTis in advanced talks to buy speech-recognition company Nuance CommunicationsNUANin a deal valued at about $16 billion, according to multiple reports on Sunday.</p><p><blockquote>据周日多份报道称，科技巨头微软MSFT正在就收购语音识别公司Nuance CommunicationsNUAN进行深入谈判，交易价值约160亿美元。</blockquote></p><p> Pub gardens, hair salons, gyms and nonessential shopswill open in Englandon Monday for the first time since early January, as the U.K. takes the next step on its path to reopening.</p><p><blockquote>随着英国在重新开放的道路上迈出下一步，英格兰的酒吧花园、发廊、健身房和非必需品商店将于周一开业，这是自一月初以来的首次。</blockquote></p><p> AlibabaHK:9988shares surged 7% in Hong Kong trading after the e-commerce giant wasfined a record $2.8 billion by China’s antitrust watchdog. The company’s American depositary receiptsBABAwere more than 6% higher in premarket trading.</p><p><blockquote>阿里巴巴香港：9988这家电子商务巨头被中国反垄断监管机构处以创纪录的28亿美元罚款后，该公司股价在香港交易中飙升7%。该公司的美国存托凭证BABA在盘前交易中上涨超过6%。</blockquote></p><p> Italian diagnostic specialist DiaSorinIT:DIAannounced adeal to buy COVID-19 testing kit makerLuminex Corp.LMNXfor around $1.8 billion.</p><p><blockquote>意大利诊断专家DiaSorinIT：DIA宣布以约18亿美元收购COVID-19检测试剂盒制造商Luminex Corp.LMNX。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Don’t fight the Fed,’ Goldman says. These stocks can benefit from higher inflation<blockquote>高盛说，不要和美联储作对。这些股票可以受益于更高的通胀</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\">\n‘Don’t fight the Fed,’ Goldman says. These stocks can benefit from higher inflation<blockquote>高盛说，不要和美联储作对。这些股票可以受益于更高的通胀</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-04-12 21:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Critical information for the trading day.</b>  U.S. stocks look set to start Monday on the back foot ahead of key inflation data and earnings reports later in the week.</p><p><blockquote><b>交易日的关键信息。</b>在本周晚些时候公布关键通胀数据和收益报告之前，美国股市周一开盘似乎将处于不利地位。</blockquote></p><p> Fears over rising COVID-19 cases and vaccination problems, after a Chinese government official said theeffectiveness of its vaccines was low, has put equity markets under pressure.</p><p><blockquote>在一名中国政府官员表示其疫苗有效性较低后，对COVID-19病例增加和疫苗接种问题的担忧给股市带来了压力。</blockquote></p><p> However, the partial reopening of the U.K. and upbeat comments from Federal Reserve Chair Jerome Powell provided some positivity. Investors will also be awaiting consumer price data on Tuesday and earnings from major banks JPMorgan Chase, Goldman Sachs and Wells Fargo later this week.</p><p><blockquote>然而，英国部分重新开放以及美联储主席杰罗姆·鲍威尔的乐观言论提供了一些积极因素。投资者还将等待周二的消费者价格数据以及本周晚些时候摩根大通、高盛和富国银行的财报。</blockquote></p><p> After a delay on Friday, the U.S. Labor Department said the producer-price index, a key measure of inflation, rose 1% in March — the biggest annual increase since 2011.</p><p><blockquote>周五推迟后，美国劳工部表示，衡量通胀的关键指标生产者价格指数3月份上涨1%，为2011年以来最大年度涨幅。</blockquote></p><p> In our<b>call of the day</b>, Goldman Sachs strategists said higher inflation was on the cards in the coming months, which could boost companies with high pricing power.</p><p><blockquote>在我们的<b>今日看涨期权</b>，高盛策略师表示，未来几个月通胀可能会走高，这可能会提振具有高定价能力的公司。</blockquote></p><p> “‘Don’t fight the Fed’ is a quip investors have learned to ignore at their peril. What the central bank wants is usually what it gets, sooner or later,” the strategists said, noting that the Fed’s intervention a year ago sparked the 80% rally that has lifted the S&amp;P 500SPXto an all-time high. The index has rallied 10% year-to-date and now trades at Goldman’s midyear target of 4,100 — the bank’s end-year target implies a gain of 5%.</p><p><blockquote>“‘不要与美联储对抗’是投资者已经学会忽视的一句俏皮话，后果自负。央行想要的通常是迟早会得到的，”策略师们表示，并指出美联储一年前的干预引发了80%的上涨，将标准普尔500SPX指数推升至历史新高。该指数今年迄今已上涨10%，目前交易价格为高盛的年中目标4,100点——该行的年终目标意味着上涨5%。</blockquote></p><p> The Fed now wants higher inflation, they said. The investment bank’s economics team expected inflation readings to climb in the coming months, peaking at 2.3% in April, before sitting below 2% until 2023.</p><p><blockquote>他们表示，美联储现在希望通胀上升。该投资银行的经济团队预计通胀数据将在未来几个月攀升，4月份达到2.3%的峰值，然后在2023年之前一直低于2%。</blockquote></p><p> When it comes to the impact on stocks, Goldman said it was all about margins, adding that some companies were protecting margins by passing higher costs along to their consumers.</p><p><blockquote>当谈到对股市的影响时，高盛表示，这一切都与利润率有关，并补充说，一些公司通过将更高的成本转嫁给消费者来保护利润率。</blockquote></p><p> The strategists, led by David Kostin, said companies with low pricing power have historically outperformed when S&amp;P 500 profit margins are expanding. In contrast, companies with high pricing power have “sharply lagged” during the past year. However, rising inflation could mean that is about to change, and companies with high pricing power are set to benefit, the strategists said.</p><p><blockquote>以David Kostin为首的策略师表示，从历史上看，当标普500利润率扩大时，定价能力较低的公司的表现会优于大盘。相比之下，具有高定价权的公司在过去一年中“大幅落后”。然而，策略师表示，通胀上升可能意味着这种情况即将改变，具有高定价权的公司将受益。</blockquote></p><p> Goldman screened for stocks with high pricing power — high and stable gross margins relative to sector peers. The screen produced 55 stocks, including videogames company Activision BlizzardATVI,tobacco giant Philip MorrisPM,consumer-goods companies Colgate-PalmoliveCLand Procter &amp; GamblePG,and drug manufacturer ZoetisZTS.Technology companies, such as Aspen TechnologyAZPN,AdobeADBEand OracleORCL,and retailers EtsyETSYand Dollar GeneralDGalso featured.</p><p><blockquote>高盛筛选了具有高定价能力的股票——相对于行业同行，毛利率高且稳定。屏幕上出现了55只股票，包括视频游戏公司动视暴雪ATVI、烟草巨头菲利普莫里斯PM、消费品公司高露洁棕榄和宝洁PG以及药品制造商ZoetisZTS。Aspen TechnologyAZPN、AdobeADBED和OracleORCL等科技公司以及零售商EtsyETSY和Dollar GeneralDGALS也亮相。</blockquote></p><p> Separately, with first-quarter earnings seasons getting under way next week, Goldman expected aggregated sales growth of 5% and earnings per share (EPS) growth of 19%. But that won’t matter much, its strategists added. “The trajectory of the economic recovery will continue to make backward-looking metrics less relevant for the forward-looking market,” they said.</p><p><blockquote>另外，随着第一季度财报季下周开始，高盛预计总销售额增长5%，每股收益(EPS)增长19%。但其策略师补充说，这并不重要。他们表示：“经济复苏的轨迹将继续使回顾性指标与前瞻性市场的相关性降低。”</blockquote></p><p> The next issue dominating investor discussions is President Joe Biden’s plan to boost corporate tax to 28%, Goldman said. The full adoption of Biden’s proposals would see 2022 annual S&amp;P 500 EPS growth of 12% fall to just 5%, they added.</p><p><blockquote>高盛表示，主导投资者讨论的下一个问题是乔·拜登总统将公司税提高至28%的计划。他们补充说，如果拜登的提议得到全面采纳，标普500 2022年每股收益年增长率将从12%降至仅5%。</blockquote></p><p> <b>The tweet</b></p><p><blockquote><b>推特</b></blockquote></p><p> Higher producer prices are positively linked to S&amp;P 500 earnings, according to this chart from Jeroen Blokland, senior portfolio manager at Robeco Asset Management.</p><p><blockquote>荷宝资产管理公司高级投资组合经理Jeroen Blokland的这张图表显示，生产者价格上涨与标普500盈利呈正相关。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ff49fe03ef2d0536dd91ba494eba5e5c\" tg-width=\"413\" tg-height=\"445\"><b>The markets</b></p><p><blockquote><b>市场</b></blockquote></p><p> U.S. stock futuresES00NQ00pointed lower early on Monday, with Dow futuresYM00implying a 40-point loss for the Dow Jones Industrial AverageDJIAat the open. European stocks alsonudged lowerin early trading, while Asian markets slipped overnight as investors monitoredrising coronavirus casesand slow vaccination rollouts.</p><p><blockquote>美国股指期货ES00NQ00周一早盘走低，道指期货YM00意味着道琼斯工业平均指数DJIA开盘下跌40点。欧洲股市早盘也大幅走低，而亚洲股市隔夜下跌，原因是投资者关注冠状病毒病例上升和疫苗接种推广缓慢。</blockquote></p><p> <b>The buzz</b></p><p><blockquote><b>嗡嗡声</b></blockquote></p><p> Powell said“it will be a while”before the central bank taps the brakes on the economy, in an interview on “60 Minutes” on Sunday.</p><p><blockquote>鲍威尔周日在接受《60分钟》采访时表示，央行踩下经济刹车“还需要一段时间”。</blockquote></p><p> Tech giant MicrosoftMSFTis in advanced talks to buy speech-recognition company Nuance CommunicationsNUANin a deal valued at about $16 billion, according to multiple reports on Sunday.</p><p><blockquote>据周日多份报道称，科技巨头微软MSFT正在就收购语音识别公司Nuance CommunicationsNUAN进行深入谈判，交易价值约160亿美元。</blockquote></p><p> Pub gardens, hair salons, gyms and nonessential shopswill open in Englandon Monday for the first time since early January, as the U.K. takes the next step on its path to reopening.</p><p><blockquote>随着英国在重新开放的道路上迈出下一步，英格兰的酒吧花园、发廊、健身房和非必需品商店将于周一开业，这是自一月初以来的首次。</blockquote></p><p> AlibabaHK:9988shares surged 7% in Hong Kong trading after the e-commerce giant wasfined a record $2.8 billion by China’s antitrust watchdog. The company’s American depositary receiptsBABAwere more than 6% higher in premarket trading.</p><p><blockquote>阿里巴巴香港：9988这家电子商务巨头被中国反垄断监管机构处以创纪录的28亿美元罚款后，该公司股价在香港交易中飙升7%。该公司的美国存托凭证BABA在盘前交易中上涨超过6%。</blockquote></p><p> Italian diagnostic specialist DiaSorinIT:DIAannounced adeal to buy COVID-19 testing kit makerLuminex Corp.LMNXfor around $1.8 billion.</p><p><blockquote>意大利诊断专家DiaSorinIT：DIA宣布以约18亿美元收购COVID-19检测试剂盒制造商Luminex Corp.LMNX。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/dont-fight-the-fed-goldman-says-these-stocks-can-benefit-from-higher-inflation-11618226926?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":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/dont-fight-the-fed-goldman-says-these-stocks-can-benefit-from-higher-inflation-11618226926?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143734305","content_text":"Critical information for the trading day.\n\nU.S. stocks look set to start Monday on the back foot ahead of key inflation data and earnings reports later in the week.\nFears over rising COVID-19 cases and vaccination problems, after a Chinese government official said theeffectiveness of its vaccines was low, has put equity markets under pressure.\nHowever, the partial reopening of the U.K. and upbeat comments from Federal Reserve Chair Jerome Powell provided some positivity. Investors will also be awaiting consumer price data on Tuesday and earnings from major banks JPMorgan Chase, Goldman Sachs and Wells Fargo later this week.\nAfter a delay on Friday, the U.S. Labor Department said the producer-price index, a key measure of inflation, rose 1% in March — the biggest annual increase since 2011.\nIn ourcall of the day, Goldman Sachs strategists said higher inflation was on the cards in the coming months, which could boost companies with high pricing power.\n“‘Don’t fight the Fed’ is a quip investors have learned to ignore at their peril. What the central bank wants is usually what it gets, sooner or later,” the strategists said, noting that the Fed’s intervention a year ago sparked the 80% rally that has lifted the S&P 500SPXto an all-time high. The index has rallied 10% year-to-date and now trades at Goldman’s midyear target of 4,100 — the bank’s end-year target implies a gain of 5%.\nThe Fed now wants higher inflation, they said. The investment bank’s economics team expected inflation readings to climb in the coming months, peaking at 2.3% in April, before sitting below 2% until 2023.\nWhen it comes to the impact on stocks, Goldman said it was all about margins, adding that some companies were protecting margins by passing higher costs along to their consumers.\nThe strategists, led by David Kostin, said companies with low pricing power have historically outperformed when S&P 500 profit margins are expanding. In contrast, companies with high pricing power have “sharply lagged” during the past year. However, rising inflation could mean that is about to change, and companies with high pricing power are set to benefit, the strategists said.\nGoldman screened for stocks with high pricing power — high and stable gross margins relative to sector peers. The screen produced 55 stocks, including videogames company Activision BlizzardATVI,tobacco giant Philip MorrisPM,consumer-goods companies Colgate-PalmoliveCLand Procter & GamblePG,and drug manufacturer ZoetisZTS.Technology companies, such as Aspen TechnologyAZPN,AdobeADBEand OracleORCL,and retailers EtsyETSYand Dollar GeneralDGalso featured.\nSeparately, with first-quarter earnings seasons getting under way next week, Goldman expected aggregated sales growth of 5% and earnings per share (EPS) growth of 19%. But that won’t matter much, its strategists added. “The trajectory of the economic recovery will continue to make backward-looking metrics less relevant for the forward-looking market,” they said.\nThe next issue dominating investor discussions is President Joe Biden’s plan to boost corporate tax to 28%, Goldman said. The full adoption of Biden’s proposals would see 2022 annual S&P 500 EPS growth of 12% fall to just 5%, they added.\nThe tweet\nHigher producer prices are positively linked to S&P 500 earnings, according to this chart from Jeroen Blokland, senior portfolio manager at Robeco Asset Management.\nThe markets\nU.S. stock futuresES00NQ00pointed lower early on Monday, with Dow futuresYM00implying a 40-point loss for the Dow Jones Industrial AverageDJIAat the open. European stocks alsonudged lowerin early trading, while Asian markets slipped overnight as investors monitoredrising coronavirus casesand slow vaccination rollouts.\nThe buzz\nPowell said“it will be a while”before the central bank taps the brakes on the economy, in an interview on “60 Minutes” on Sunday.\nTech giant MicrosoftMSFTis in advanced talks to buy speech-recognition company Nuance CommunicationsNUANin a deal valued at about $16 billion, according to multiple reports on Sunday.\nPub gardens, hair salons, gyms and nonessential shopswill open in Englandon Monday for the first time since early January, as the U.K. takes the next step on its path to reopening.\nAlibabaHK:9988shares surged 7% in Hong Kong trading after the e-commerce giant wasfined a record $2.8 billion by China’s antitrust watchdog. The company’s American depositary receiptsBABAwere more than 6% higher in premarket trading.\nItalian diagnostic specialist DiaSorinIT:DIAannounced adeal to buy COVID-19 testing kit makerLuminex Corp.LMNXfor around $1.8 billion.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346648513,"gmtCreate":1618036765532,"gmtModify":1634295103455,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/346648513","repostId":"1101452417","repostType":4,"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343298578,"gmtCreate":1617717404794,"gmtModify":1634296947907,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"&nbsp;Nice","listText":"&nbsp;Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/343298578","repostId":"1101907559","repostType":4,"repost":{"id":"1101907559","kind":"news","pubTimestamp":1617672655,"share":"https://www.laohu8.com/m/news/1101907559?lang=zh_CN&edition=full","pubTime":"2021-04-06 09:30","market":"us","language":"en","title":"Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101907559","media":"marketwatch","summary":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were","content":"<p>  <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>  Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p><p><blockquote><b>目前，没有人能肯定地说，所谓的家族办公室数十亿美元的投资损失不会蔓延。</b>金融危机从来都不完全一样。20世纪80年代末，美国近三分之一的储蓄和贷款协会倒闭，最终获得了约2650亿美元的纳税人救助（按2021年计算）。</blockquote></p><p> In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p><p><blockquote>1997-1998年，亚洲和俄国的金融危机导致美国最大的对冲基金——长期资本管理公司（LTCM）几近崩溃。它的影响力和运营实践如此之大，以至于美联储主席艾伦·格林斯潘说，当LTCM失败时，“他一生中从未见过任何与他所感受到的恐怖相比的事情”。LTCM被认为“太大而不能倒”，他策划了对14家美国主要金融机构的救助。</blockquote></p><p> Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p><p><blockquote>整整十年后，其中一些机构的过度杠杆化，以及美国房地产泡沫的破裂，导致美国金融体系几近崩溃。大银行再一次被认为太大而不能倒，纳税人前来救援。</blockquote></p><p> The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p><p><blockquote>趋势？每隔10年左右，它们看起来都不一样。随着家族办公室Archegos Capital Management LP的爆发，我们现在是否正处于新危机的早期阶段？</blockquote></p><p> A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p><p><blockquote>对于外行人来说，家族办公室是超级富豪的私人财富管理工具。这就是我所说的超级富豪的意思：咨询公司安永估计全球约有10,000个家族理财室，但市场研究公司Campden Research的另一项估计称，管理家族理财室的规模接近6万亿美元。鉴于这6万亿美元是基于2019年的数据，现在可能要高得多。</blockquote></p><p> <b>Unregulated money managers</b></p><p><blockquote><b>不受监管的基金经理</b></blockquote></p><p> Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p><p><blockquote>这是潜在的危险。家族理财室通常不受监管。1940年《投资顾问法》规定，拥有15名或更少客户的公司无需向美国证券交易委员会注册。这意味着数万亿美元正在发挥作用，没有人能真正说出谁在管理这笔钱，它投资于什么，使用了多少杠杆，以及可能存在什么样的交易对手风险。（交易对手风险是指参与金融交易的一方可能违反对另一方的合同义务的概率。）</blockquote></p><p> This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p><p><blockquote>Archegos似乎就是这种情况。该公司大举押注某些中国股票，包括电子商务公司唯品会控股有限公司VIPS，-1.19%，在美国上市的中国家教公司跟谁学GSX，-10.63%，以及美国媒体公司维亚康姆哥伦比亚广播公司VIAC，-3.90%和Discovery Inc.DISCA，-3.86%等。最近股价暴跌，引发Archegos的大量抛售（约300亿美元）。</blockquote></p><p> The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p><p><blockquote>问题是，其中只有大约三分之一，即100亿美元，是它自己的钱。我们现在知道Archegos与华尔街的一些大牌合作，包括瑞士信贷集团AGCS，+1.59%，瑞银集团AGUBS，+1.01%，高盛集团Inc.GS，-1.25%，摩根士丹利MS，-0.28%，德意志银行AGDB，+0.74%，野村控股公司NMR，+1.87%。</blockquote></p><p> But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p><p><blockquote>但由于家族办公室在很大程度上被允许不受监管地运营，谁能说这里真正涉及多少资金以及市场风险有多大？我的同事Mark DeCambre上周报告称，Archegos对不良交易的真实敞口实际上可能接近1000亿美元。</blockquote></p><p> <b>Danger of counterparty risk</b></p><p><blockquote><b>交易对手风险的危险性</b></blockquote></p><p> This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p><p><blockquote>这就是交易对手风险的用武之地。随着Archegos的赌注落空，上述银行考虑到自己的损失，以保证金评级打击了该公司。德意志银行迅速抛售了约40亿美元的持股，而高盛和摩根士丹利据说也已平仓，这或许限制了它们的下跌空间。</blockquote></p><p> So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p><p><blockquote>那么这是金融危机吗？似乎不是。即便如此，美国证券交易委员会还是对Archegos及其创始人Bill Hwang展开了初步调查。</blockquote></p><p> One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p><p><blockquote>Fundstrat Global Advisors的研究主管Tom Lee是他认识的“十大最佳投资头脑”之一的评级·黄。</blockquote></p><p> But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p><p><blockquote>但联邦监管机构的意见可能较少。2012年，黄禹锡的前对冲基金老虎亚洲管理公司(Tiger Asia Management)认罪并支付了超过6000万美元的罚款，此前该公司被指控利用有关中国银行的非法线索进行交易。美国证券交易委员会禁止黄禹锡代表客户管理资金——实质上是将他踢出对冲基金行业。因此，Hwang开设了Archegos，同样，家族理财室通常不受监管。</blockquote></p><p> <b>Yellen on the case</b></p><p><blockquote><b>耶伦谈此案</b></blockquote></p><p> This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p><p><blockquote>这个问题引起了财政部长珍妮特·耶伦的关注。她上周表示，需要加强对金融业这些私人角落的监管。她监管的金融稳定监督委员会（FSOC）重新成立了一个工作组，以帮助各机构更好地“共享数据、识别风险并努力加强我们的金融体系”。</blockquote></p><p></p><p> Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p><p><blockquote>大多数金融危机最终都是美国纳税人陷入困境。收益属于冒险者。但是损失——它们属于我们。套用亚伯·林肯（Abe Lincoln）的话，家族办公室——一个价值数万亿美元的行业，在一个比以往任何时候都更加交织在一起的全球金融体系中，很大程度上被允许在阴影中运作——属于超级富豪，由超级富豪经营，为超级富豪服务。没有其他人。</blockquote></p><p> The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p><p><blockquote>Archegos的倒闭可能是也可能不是另一场金融危机的开始。但谁能说其他数千家家族理财室正在用他们的数万亿美元做什么，以及类似的问题是否会爆发？</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Financial crises get triggered about every 10 years — Archegos might be right on time<blockquote>观点：金融危机大约每10年就会引发一次——Archegos可能准时出现</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-04-06 09:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>  Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p><p><blockquote><b>目前，没有人能肯定地说，所谓的家族办公室数十亿美元的投资损失不会蔓延。</b>金融危机从来都不完全一样。20世纪80年代末，美国近三分之一的储蓄和贷款协会倒闭，最终获得了约2650亿美元的纳税人救助（按2021年计算）。</blockquote></p><p> In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p><p><blockquote>1997-1998年，亚洲和俄国的金融危机导致美国最大的对冲基金——长期资本管理公司（LTCM）几近崩溃。它的影响力和运营实践如此之大，以至于美联储主席艾伦·格林斯潘说，当LTCM失败时，“他一生中从未见过任何与他所感受到的恐怖相比的事情”。LTCM被认为“太大而不能倒”，他策划了对14家美国主要金融机构的救助。</blockquote></p><p> Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p><p><blockquote>整整十年后，其中一些机构的过度杠杆化，以及美国房地产泡沫的破裂，导致美国金融体系几近崩溃。大银行再一次被认为太大而不能倒，纳税人前来救援。</blockquote></p><p> The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p><p><blockquote>趋势？每隔10年左右，它们看起来都不一样。随着家族办公室Archegos Capital Management LP的爆发，我们现在是否正处于新危机的早期阶段？</blockquote></p><p> A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p><p><blockquote>对于外行人来说，家族办公室是超级富豪的私人财富管理工具。这就是我所说的超级富豪的意思：咨询公司安永估计全球约有10,000个家族理财室，但市场研究公司Campden Research的另一项估计称，管理家族理财室的规模接近6万亿美元。鉴于这6万亿美元是基于2019年的数据，现在可能要高得多。</blockquote></p><p> <b>Unregulated money managers</b></p><p><blockquote><b>不受监管的基金经理</b></blockquote></p><p> Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p><p><blockquote>这是潜在的危险。家族理财室通常不受监管。1940年《投资顾问法》规定，拥有15名或更少客户的公司无需向美国证券交易委员会注册。这意味着数万亿美元正在发挥作用，没有人能真正说出谁在管理这笔钱，它投资于什么，使用了多少杠杆，以及可能存在什么样的交易对手风险。（交易对手风险是指参与金融交易的一方可能违反对另一方的合同义务的概率。）</blockquote></p><p> This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p><p><blockquote>Archegos似乎就是这种情况。该公司大举押注某些中国股票，包括电子商务公司唯品会控股有限公司VIPS，-1.19%，在美国上市的中国家教公司跟谁学GSX，-10.63%，以及美国媒体公司维亚康姆哥伦比亚广播公司VIAC，-3.90%和Discovery Inc.DISCA，-3.86%等。最近股价暴跌，引发Archegos的大量抛售（约300亿美元）。</blockquote></p><p> The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p><p><blockquote>问题是，其中只有大约三分之一，即100亿美元，是它自己的钱。我们现在知道Archegos与华尔街的一些大牌合作，包括瑞士信贷集团AGCS，+1.59%，瑞银集团AGUBS，+1.01%，高盛集团Inc.GS，-1.25%，摩根士丹利MS，-0.28%，德意志银行AGDB，+0.74%，野村控股公司NMR，+1.87%。</blockquote></p><p> But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p><p><blockquote>但由于家族办公室在很大程度上被允许不受监管地运营，谁能说这里真正涉及多少资金以及市场风险有多大？我的同事Mark DeCambre上周报告称，Archegos对不良交易的真实敞口实际上可能接近1000亿美元。</blockquote></p><p> <b>Danger of counterparty risk</b></p><p><blockquote><b>交易对手风险的危险性</b></blockquote></p><p> This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p><p><blockquote>这就是交易对手风险的用武之地。随着Archegos的赌注落空，上述银行考虑到自己的损失，以保证金评级打击了该公司。德意志银行迅速抛售了约40亿美元的持股，而高盛和摩根士丹利据说也已平仓，这或许限制了它们的下跌空间。</blockquote></p><p> So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p><p><blockquote>那么这是金融危机吗？似乎不是。即便如此，美国证券交易委员会还是对Archegos及其创始人Bill Hwang展开了初步调查。</blockquote></p><p> One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p><p><blockquote>Fundstrat Global Advisors的研究主管Tom Lee是他认识的“十大最佳投资头脑”之一的评级·黄。</blockquote></p><p> But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p><p><blockquote>但联邦监管机构的意见可能较少。2012年，黄禹锡的前对冲基金老虎亚洲管理公司(Tiger Asia Management)认罪并支付了超过6000万美元的罚款，此前该公司被指控利用有关中国银行的非法线索进行交易。美国证券交易委员会禁止黄禹锡代表客户管理资金——实质上是将他踢出对冲基金行业。因此，Hwang开设了Archegos，同样，家族理财室通常不受监管。</blockquote></p><p> <b>Yellen on the case</b></p><p><blockquote><b>耶伦谈此案</b></blockquote></p><p> This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p><p><blockquote>这个问题引起了财政部长珍妮特·耶伦的关注。她上周表示，需要加强对金融业这些私人角落的监管。她监管的金融稳定监督委员会（FSOC）重新成立了一个工作组，以帮助各机构更好地“共享数据、识别风险并努力加强我们的金融体系”。</blockquote></p><p></p><p> Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p><p><blockquote>大多数金融危机最终都是美国纳税人陷入困境。收益属于冒险者。但是损失——它们属于我们。套用亚伯·林肯（Abe Lincoln）的话，家族办公室——一个价值数万亿美元的行业，在一个比以往任何时候都更加交织在一起的全球金融体系中，很大程度上被允许在阴影中运作——属于超级富豪，由超级富豪经营，为超级富豪服务。没有其他人。</blockquote></p><p> The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p><p><blockquote>Archegos的倒闭可能是也可能不是另一场金融危机的开始。但谁能说其他数千家家族理财室正在用他们的数万亿美元做什么，以及类似的问题是否会爆发？</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page\">marketwatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101907559","content_text":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.\nIn 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.\nExactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.\nThe trend? Every 10 years or so, and they all look different. Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?\nA family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.\nUnregulated money managers\nHere’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)\nThis appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player Vipshop Holdings Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company GSX Techedu Inc.GSX,-10.63%and U.S. media companiesViacomCBS Inc.VIAC,-3.90%and Discovery Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.\nThe problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%, Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc. NMR,+1.87%.\nBut since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.\nDanger of counterparty risk\nThis is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.\nSo is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.\nOne peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.\nBut federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.\nYellen on the case\nThis issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”\nMost financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.\nThe Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352095885,"gmtCreate":1616825768847,"gmtModify":1634523797812,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/352095885","repostId":"1119843211","repostType":4,"repost":{"id":"1119843211","kind":"news","pubTimestamp":1616770039,"share":"https://www.laohu8.com/m/news/1119843211?lang=zh_CN&edition=full","pubTime":"2021-03-26 22:47","market":"fut","language":"en","title":"‘Bitcoin could be next domino to fall as investors rush to book profit,’ says technical analyst<blockquote>技术分析师表示，随着投资者急于获利，比特币可能成为下一张倒下的多米诺骨牌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119843211","media":"MarketWatch","summary":"Bitcoin prices were under pressure on Thursday, and the world’s No. 1 crypto could see further bearish pain in the near term if stocks continue to buckle, according to an analyst.At last check, bitcoin was changing hands at $51.743 on CoinDesk, with the asset briefly touching a low at $50,458.10 over the past 24 hours and trading around its lowest point in over two weeks.“If so, this could be further bad news for Bitcoin. The crypto has been correlating positively with risk assets over the past ","content":"<p>Bitcoin prices were under pressure on Thursday, and the world’s No. 1 crypto could see further bearish pain in the near term if stocks continue to buckle, according to an analyst.</p><p><blockquote>一位分析师表示，比特币价格周四面临压力，如果股市继续下跌，世界第一大加密货币短期内可能会面临进一步的看跌痛苦。</blockquote></p><p>At last check, bitcoin&nbsp;was changing hands at $51.743 on CoinDesk, with the asset briefly touching a low at $50,458.10 over the past 24 hours and trading around its lowest point in over two weeks.</p><p><blockquote>根据最新检查，比特币在CoinDesk上的易手价格为51.743美元，该资产在过去24小时内短暂触及50,458.10美元的低点，并在两周多来的最低点附近交易。</blockquote></p><p>Values for the crypto are off more than 11% so far this week, FactSet data show.</p><p><blockquote>FactSet数据显示，本周迄今为止，该加密货币的价值已下跌超过11%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/2f433365c95d3e6845d8275eea88bafc\" tg-width=\"947\" tg-height=\"654\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>And at least one analyst fears that the crypto asset could come under pressure as a host of speculative assets have been coming under steady selling pressure so far this week. Bitcoin is often perceived as being uncorrelated with stocks and other assets but it has lately been moving in tandem with selloffs in crude-oil futures, and stocks, with declines in so-called risk assets coming as the U.S. dollar has gained some traction higher.</p><p><blockquote>至少一位分析师担心加密资产可能会面临压力，因为本周迄今为止，许多投机性资产一直面临稳定的抛售压力。比特币通常被认为与股票和其他资产无关，但最近它一直与原油期货和股票的抛售同步波动，随着美元走高，所谓的风险资产也随之下跌。</blockquote></p><p>For that reason, Fawad&nbsp;Razaqzada, market analyst at ThinkMarkets, in a Thursday note cautioned investors to watch out for more pressure on bitcoin that could take it beneath $50,000.</p><p><blockquote>出于这个原因，ThinkMarkets市场分析师Fawad Razaqzada在周四的一份报告中警告投资者要警惕比特币面临的更大压力，这可能会使其跌破50,000美元。</blockquote></p><p>“Judging by recent events, traders seem happy to be selling into the rallies rather than buying the dip. So, don’t be surprised if we see renewed weakness in the markets later on in the session,” he wrote.</p><p><blockquote>“从最近的事件来看，交易员似乎乐于逢高卖出，而不是逢低买入。因此，如果我们在盘中晚些时候看到市场再次疲软，请不要感到惊讶，”他写道。</blockquote></p><p>“If so, this could be further bad news for Bitcoin. The crypto has been correlating positively with risk assets over the past year and if that relationship remains strong then the digital currency could follow risk assets lower,” he added.</p><p><blockquote>“如果是这样，这对比特币来说可能是进一步的坏消息。过去一年，加密货币与风险资产一直呈正相关，如果这种关系保持强劲，那么数字货币可能会跟随风险资产走低，”他补充道。</blockquote></p><p>“Even if a proper sell-off does not materialise for stocks and other risk assets today, Bitcoin traders need to proceed with caution because in recent days we have been getting more and more signs that the appetite for risk is slowly fading away across the financial markets,” he added.</p><p><blockquote>“即使今天股票和其他风险资产没有出现适当的抛售，比特币交易员也需要谨慎行事，因为最近几天我们得到越来越多的迹象表明，整个金融市场的风险偏好正在慢慢消退，”他补充道。</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>‘Bitcoin could be next domino to fall as investors rush to book profit,’ says technical analyst<blockquote>技术分析师表示，随着投资者急于获利，比特币可能成为下一张倒下的多米诺骨牌</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\">\n‘Bitcoin could be next domino to fall as investors rush to book profit,’ says technical analyst<blockquote>技术分析师表示，随着投资者急于获利，比特币可能成为下一张倒下的多米诺骨牌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-03-26 22:47</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Bitcoin prices were under pressure on Thursday, and the world’s No. 1 crypto could see further bearish pain in the near term if stocks continue to buckle, according to an analyst.</p><p><blockquote>一位分析师表示，比特币价格周四面临压力，如果股市继续下跌，世界第一大加密货币短期内可能会面临进一步的看跌痛苦。</blockquote></p><p>At last check, bitcoin&nbsp;was changing hands at $51.743 on CoinDesk, with the asset briefly touching a low at $50,458.10 over the past 24 hours and trading around its lowest point in over two weeks.</p><p><blockquote>根据最新检查，比特币在CoinDesk上的易手价格为51.743美元，该资产在过去24小时内短暂触及50,458.10美元的低点，并在两周多来的最低点附近交易。</blockquote></p><p>Values for the crypto are off more than 11% so far this week, FactSet data show.</p><p><blockquote>FactSet数据显示，本周迄今为止，该加密货币的价值已下跌超过11%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/2f433365c95d3e6845d8275eea88bafc\" tg-width=\"947\" tg-height=\"654\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>And at least one analyst fears that the crypto asset could come under pressure as a host of speculative assets have been coming under steady selling pressure so far this week. Bitcoin is often perceived as being uncorrelated with stocks and other assets but it has lately been moving in tandem with selloffs in crude-oil futures, and stocks, with declines in so-called risk assets coming as the U.S. dollar has gained some traction higher.</p><p><blockquote>至少一位分析师担心加密资产可能会面临压力，因为本周迄今为止，许多投机性资产一直面临稳定的抛售压力。比特币通常被认为与股票和其他资产无关，但最近它一直与原油期货和股票的抛售同步波动，随着美元走高，所谓的风险资产也随之下跌。</blockquote></p><p>For that reason, Fawad&nbsp;Razaqzada, market analyst at ThinkMarkets, in a Thursday note cautioned investors to watch out for more pressure on bitcoin that could take it beneath $50,000.</p><p><blockquote>出于这个原因，ThinkMarkets市场分析师Fawad Razaqzada在周四的一份报告中警告投资者要警惕比特币面临的更大压力，这可能会使其跌破50,000美元。</blockquote></p><p>“Judging by recent events, traders seem happy to be selling into the rallies rather than buying the dip. So, don’t be surprised if we see renewed weakness in the markets later on in the session,” he wrote.</p><p><blockquote>“从最近的事件来看，交易员似乎乐于逢高卖出，而不是逢低买入。因此，如果我们在盘中晚些时候看到市场再次疲软，请不要感到惊讶，”他写道。</blockquote></p><p>“If so, this could be further bad news for Bitcoin. The crypto has been correlating positively with risk assets over the past year and if that relationship remains strong then the digital currency could follow risk assets lower,” he added.</p><p><blockquote>“如果是这样，这对比特币来说可能是进一步的坏消息。过去一年，加密货币与风险资产一直呈正相关，如果这种关系保持强劲，那么数字货币可能会跟随风险资产走低，”他补充道。</blockquote></p><p>“Even if a proper sell-off does not materialise for stocks and other risk assets today, Bitcoin traders need to proceed with caution because in recent days we have been getting more and more signs that the appetite for risk is slowly fading away across the financial markets,” he added.</p><p><blockquote>“即使今天股票和其他风险资产没有出现适当的抛售，比特币交易员也需要谨慎行事，因为最近几天我们得到越来越多的迹象表明，整个金融市场的风险偏好正在慢慢消退，”他补充道。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/bitcoin-could-be-next-domino-to-fall-as-investors-rush-to-book-profit-says-technical-analyst-11616701631?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":{"PYPL":"PayPal","GBTC":"比特币ETF-Grayscale","TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/bitcoin-could-be-next-domino-to-fall-as-investors-rush-to-book-profit-says-technical-analyst-11616701631?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1119843211","content_text":"Bitcoin prices were under pressure on Thursday, and the world’s No. 1 crypto could see further bearish pain in the near term if stocks continue to buckle, according to an analyst.At last check, bitcoin was changing hands at $51.743 on CoinDesk, with the asset briefly touching a low at $50,458.10 over the past 24 hours and trading around its lowest point in over two weeks.Values for the crypto are off more than 11% so far this week, FactSet data show.And at least one analyst fears that the crypto asset could come under pressure as a host of speculative assets have been coming under steady selling pressure so far this week. Bitcoin is often perceived as being uncorrelated with stocks and other assets but it has lately been moving in tandem with selloffs in crude-oil futures, and stocks, with declines in so-called risk assets coming as the U.S. dollar has gained some traction higher.For that reason, Fawad Razaqzada, market analyst at ThinkMarkets, in a Thursday note cautioned investors to watch out for more pressure on bitcoin that could take it beneath $50,000.“Judging by recent events, traders seem happy to be selling into the rallies rather than buying the dip. So, don’t be surprised if we see renewed weakness in the markets later on in the session,” he wrote.“If so, this could be further bad news for Bitcoin. The crypto has been correlating positively with risk assets over the past year and if that relationship remains strong then the digital currency could follow risk assets lower,” he added.“Even if a proper sell-off does not materialise for stocks and other risk assets today, Bitcoin traders need to proceed with caution because in recent days we have been getting more and more signs that the appetite for risk is slowly fading away across the financial markets,” he added.","news_type":1,"symbols_score_info":{"BTCmain":0.9,"PYPL":0.9,"TSLA":0.9,"SQ":0.9,"XBTmain":0.9,"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353576229,"gmtCreate":1616509959461,"gmtModify":1634525430097,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"Nice article","listText":"Nice article","text":"Nice article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/353576229","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&nbsp;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>&nbsp;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&nbsp;<b>Amazon.com Inc.</b>&nbsp;and&nbsp;<b>Apple Inc.</b>&nbsp;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&nbsp;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，就不一定表现得像这样。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>&nbsp;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>&nbsp;This sort of contagion has occurred several times over the centuries in human history - from the&nbsp;Dutch tulips of the 1600s&nbsp;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&nbsp;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>&nbsp;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&nbsp;<b>Amazon.com Inc.</b>&nbsp;and&nbsp;<b>Apple Inc.</b>&nbsp;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&nbsp;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，就不一定表现得像这样。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>&nbsp;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>&nbsp;This sort of contagion has occurred several times over the centuries in human history - from the&nbsp;Dutch tulips of the 1600s&nbsp;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":{"AAPL":"苹果",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","AMZN":"亚马逊",".SPX":"S&P 500 Index"},"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":{".SPX":0.9,".DJI":0.9,"AAPL":0.9,".IXIC":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325136338,"gmtCreate":1615873169024,"gmtModify":1703494292896,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Overpriced AMC","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Overpriced AMC","text":"$AMC Entertainment(AMC)$Overpriced AMC","images":[{"img":"https://static.tigerbbs.com/746ef96094f5b3d0c76977041030a1f4","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/325136338","isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":326147535,"gmtCreate":1615606864427,"gmtModify":1703491561204,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Play small for the hype","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Play small for the hype","text":"$GameStop(GME)$Play small for the hype","images":[{"img":"https://static.tigerbbs.com/80b710ee2ebe8891f9566b4310c79c12","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/326147535","isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":365571530,"gmtCreate":1614765399220,"gmtModify":1703480806176,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/365571530","repostId":"2116484405","repostType":4,"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384866263,"gmtCreate":1613639744452,"gmtModify":1631889431727,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SCKT\">$Socket Mobile(SCKT)$</a>Hoping for recovery today :)","listText":"<a href=\"https://laohu8.com/S/SCKT\">$Socket Mobile(SCKT)$</a>Hoping for recovery today :)","text":"$Socket Mobile(SCKT)$Hoping for recovery today :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/384866263","isVote":1,"tweetType":1,"viewCount":937,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342522302,"gmtCreate":1618234020106,"gmtModify":1634294286027,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342522302","repostId":"1135079604","repostType":4,"repost":{"id":"1135079604","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":1618233627,"share":"https://www.laohu8.com/m/news/1135079604?lang=zh_CN&edition=full","pubTime":"2021-04-12 21:20","market":"us","language":"en","title":"XPeng to Debut New LiDAR-Equipped Smart EV<blockquote>小鹏汽车将推出配备激光雷达的新型智能电动汽车</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135079604","media":"Tiger Newspress","summary":"XPeng Inc. (NYSE: XPEV) will premier its third production model, the XPeng P5 smart sedan, on 14 Apr","content":"<p>XPeng Inc. (NYSE: XPEV) will premier its third production model, the XPeng P5 smart sedan, on 14 April 2021 in a press briefing in Guangzhou, China.</p><p><blockquote>小鹏汽车（纽约证券交易所股票代码：XPEV）将于2021年4月14日在广州举行的新闻发布会上推出其第三款量产车型小鹏P5智能轿车。</blockquote></p><p>The P5 is the world’s first mass-produced smart EV equipped with automotive-grade LiDAR technology, powered by XPeng’s full-stack in-house developed autonomous driving system XPILOT.</p><p><blockquote>P5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，由小鹏汽车自研全栈自动驾驶系统XPILOT提供动力。</blockquote></p><p>The press briefing will reveal the P5’s unique design language, the underlying architecture for XPeng’s next-generation XPILOT 3.5 system and its functionalities, the new features supported by XPeng’s proprietary intelligent in-car operating system Xmart OS, and more.</p><p><blockquote>发布会将揭示P5独特的设计语言、小鹏汽车下一代XPILOT 3.5系统的底层架构及其功能、小鹏汽车专有智能车载操作系统Xmart OS支持的新功能等。</blockquote></p><p>The XPeng P5 will be featured at the Auto Shanghai 2021 on 19thApril, with full details of its configurations, performance and pricing.</p><p><blockquote>小鹏P5将于4月19日在2021年上海车展上亮相，详细介绍其配置、性能和定价。</blockquote></p><p>The replay of the P5 Debut Press Briefing broadcast will be available on 14 April 2021 via<b> XPeng IR Website</b>&nbsp;and&nbsp;<b>XPeng YouTube channel.</b></p><p><blockquote>P5首次新闻发布会的重播将于2021年4月14日通过<b>小鹏IR网站</b>和<b>小鹏YouTube频道。</b></blockquote></p><p>XPeng&nbsp;rose&nbsp;about&nbsp;1%&nbsp;in&nbsp;premarket.</p><p><blockquote>小鹏汽车盘前上涨约1%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/05cfa5d9713c088b460ea4f5d3d66586\" tg-width=\"663\" tg-height=\"564\"></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>XPeng to Debut New LiDAR-Equipped Smart EV<blockquote>小鹏汽车将推出配备激光雷达的新型智能电动汽车</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 to Debut New LiDAR-Equipped Smart EV<blockquote>小鹏汽车将推出配备激光雷达的新型智能电动汽车</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\">2021-04-12 21:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>XPeng Inc. (NYSE: XPEV) will premier its third production model, the XPeng P5 smart sedan, on 14 April 2021 in a press briefing in Guangzhou, China.</p><p><blockquote>小鹏汽车（纽约证券交易所股票代码：XPEV）将于2021年4月14日在广州举行的新闻发布会上推出其第三款量产车型小鹏P5智能轿车。</blockquote></p><p>The P5 is the world’s first mass-produced smart EV equipped with automotive-grade LiDAR technology, powered by XPeng’s full-stack in-house developed autonomous driving system XPILOT.</p><p><blockquote>P5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，由小鹏汽车自研全栈自动驾驶系统XPILOT提供动力。</blockquote></p><p>The press briefing will reveal the P5’s unique design language, the underlying architecture for XPeng’s next-generation XPILOT 3.5 system and its functionalities, the new features supported by XPeng’s proprietary intelligent in-car operating system Xmart OS, and more.</p><p><blockquote>发布会将揭示P5独特的设计语言、小鹏汽车下一代XPILOT 3.5系统的底层架构及其功能、小鹏汽车专有智能车载操作系统Xmart OS支持的新功能等。</blockquote></p><p>The XPeng P5 will be featured at the Auto Shanghai 2021 on 19thApril, with full details of its configurations, performance and pricing.</p><p><blockquote>小鹏P5将于4月19日在2021年上海车展上亮相，详细介绍其配置、性能和定价。</blockquote></p><p>The replay of the P5 Debut Press Briefing broadcast will be available on 14 April 2021 via<b> XPeng IR Website</b>&nbsp;and&nbsp;<b>XPeng YouTube channel.</b></p><p><blockquote>P5首次新闻发布会的重播将于2021年4月14日通过<b>小鹏IR网站</b>和<b>小鹏YouTube频道。</b></blockquote></p><p>XPeng&nbsp;rose&nbsp;about&nbsp;1%&nbsp;in&nbsp;premarket.</p><p><blockquote>小鹏汽车盘前上涨约1%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/05cfa5d9713c088b460ea4f5d3d66586\" tg-width=\"663\" tg-height=\"564\"></p><p><blockquote></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":"1135079604","content_text":"XPeng Inc. (NYSE: XPEV) will premier its third production model, the XPeng P5 smart sedan, on 14 April 2021 in a press briefing in Guangzhou, China.The P5 is the world’s first mass-produced smart EV equipped with automotive-grade LiDAR technology, powered by XPeng’s full-stack in-house developed autonomous driving system XPILOT.The press briefing will reveal the P5’s unique design language, the underlying architecture for XPeng’s next-generation XPILOT 3.5 system and its functionalities, the new features supported by XPeng’s proprietary intelligent in-car operating system Xmart OS, and more.The XPeng P5 will be featured at the Auto Shanghai 2021 on 19thApril, with full details of its configurations, performance and pricing.The replay of the P5 Debut Press Briefing broadcast will be available on 14 April 2021 via XPeng IR Website and XPeng YouTube channel.XPeng rose about 1% in premarket.","news_type":1,"symbols_score_info":{"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352095229,"gmtCreate":1616825826561,"gmtModify":1634523797569,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>We shall see","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>We shall see","text":"$GameStop(GME)$We shall see","images":[{"img":"https://static.tigerbbs.com/f64367f4c942b1de7318d61fe2d26942","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/352095229","isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":353572929,"gmtCreate":1616509986861,"gmtModify":1634525429852,"author":{"id":"3575605626092768","authorId":"3575605626092768","name":"RussY","avatar":"https://static.tigerbbs.com/926ebdf03a0633662714503addc5d2de","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575605626092768","authorIdStr":"3575605626092768"},"themes":[],"htmlText":"EV in China? Think twice","listText":"EV in China? Think twice","text":"EV in China? Think twice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/353572929","repostId":"1197372595","repostType":4,"repost":{"id":"1197372595","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":1616507295,"share":"https://www.laohu8.com/m/news/1197372595?lang=zh_CN&edition=full","pubTime":"2021-03-23 21:48","market":"us","language":"en","title":"Why EV Stocks slipped on Tuesday<blockquote>为什么电动汽车股周二下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1197372595","media":"Tiger Newspress","summary":"EV Stocks are slipping in Tuesday morning trading.The shares of Li Auto fell more than 3%,Xpeng Moto","content":"<p>EV Stocks are&nbsp;slipping in Tuesday morning trading.The&nbsp;shares&nbsp;of Li Auto&nbsp;fell&nbsp;more&nbsp;than&nbsp;3%,Xpeng Motors&nbsp;and&nbsp;NIO&nbsp;stock&nbsp;are&nbsp;down&nbsp;more&nbsp;than&nbsp;1%.</p><p><blockquote>电动汽车股在周二早盘下跌。理想汽车股价下跌超过3%，小鹏汽车和蔚来股价下跌超过1%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/9135010bf40c0cab06c12f27c0e9640f\" tg-width=\"375\" tg-height=\"228\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>On Tuesday, China's Ministry of industry and information technology released two catalogues of new energy vehicles that previously enjoyed preferential tax treatment, among which Li Auto, Nio,Xpeng and BYD all had models on the list.</p><p><blockquote>本周二，我国工信部发布了两份此前享受税收优惠的新能源汽车目录，其中理想汽车、蔚来、小鹏和比亚迪均有车型上榜。</blockquote></p><p>In this regard, Li Auto said that the model ideal one was no longer on sale, so it was automatically withdrawn by the Ministry of industry and information technology one year after the declaration.</p><p><blockquote>对此，理想汽车表示，该车型理想one已不在售，因此在申报一年后被工信部自动撤回。</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 EV Stocks slipped on Tuesday<blockquote>为什么电动汽车股周二下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy EV Stocks slipped on Tuesday<blockquote>为什么电动汽车股周二下跌</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\">2021-03-23 21:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV Stocks are&nbsp;slipping in Tuesday morning trading.The&nbsp;shares&nbsp;of Li Auto&nbsp;fell&nbsp;more&nbsp;than&nbsp;3%,Xpeng Motors&nbsp;and&nbsp;NIO&nbsp;stock&nbsp;are&nbsp;down&nbsp;more&nbsp;than&nbsp;1%.</p><p><blockquote>电动汽车股在周二早盘下跌。理想汽车股价下跌超过3%，小鹏汽车和蔚来股价下跌超过1%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/9135010bf40c0cab06c12f27c0e9640f\" tg-width=\"375\" tg-height=\"228\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>On Tuesday, China's Ministry of industry and information technology released two catalogues of new energy vehicles that previously enjoyed preferential tax treatment, among which Li Auto, Nio,Xpeng and BYD all had models on the list.</p><p><blockquote>本周二，我国工信部发布了两份此前享受税收优惠的新能源汽车目录，其中理想汽车、蔚来、小鹏和比亚迪均有车型上榜。</blockquote></p><p>In this regard, Li Auto said that the model ideal one was no longer on sale, so it was automatically withdrawn by the Ministry of industry and information technology one year after the declaration.</p><p><blockquote>对此，理想汽车表示，该车型理想one已不在售，因此在申报一年后被工信部自动撤回。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来","XPEV":"小鹏汽车","LI":"理想汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197372595","content_text":"EV Stocks are slipping in Tuesday morning trading.The shares of Li Auto fell more than 3%,Xpeng Motors and NIO stock are down more than 1%.On Tuesday, China's Ministry of industry and information technology released two catalogues of new energy vehicles that previously enjoyed preferential tax treatment, among which Li Auto, Nio,Xpeng and BYD all had models on the list.In this regard, Li Auto said that the model ideal one was no longer on sale, so it was automatically withdrawn by the Ministry of industry and information technology one year after the declaration.","news_type":1,"symbols_score_info":{"TSLA":0.9,"NIO":0.9,"XPEV":0.9,"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}