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2021-06-18

Great

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2021-03-12

Good time to have it

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2021-03-07

Thanks

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2021-03-04

It time to make money

Wall Street drops as high-flying tech stocks retreat

2021-02-26

Great information

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2021-02-25

Xiao mi already in India long time

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2021-02-25

QS look stable up

2021-02-25

Good news

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2021-02-19

$Palantir Technologies Inc.(PLTR)$Buy in today?

2021-02-18

Not really understand, so Thier stock in market?

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2021-02-17

Dangerous now?

Why the stock market’s ‘worst-case’ scenario depends on these 3 ingredients

2021-02-17

Is time to buy the stock?

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2021-02-17

Nice

Is This Oil Rally The Start Of Something Much Bigger?

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programs.</p><p>Microsoft Corp, Apple Inc and Amazon.com Inc dropped more than 2%, weighing more than any other stocks on the S&amp;P 500.</p><p>The S&amp;P 500 financial and industrial sector indexes reached intra-day record highs. Most other S&amp;P 500 sectors declined.</p><p>“Today is the perfect encapsulation of the big theme we’ve been seeing in the past couple of months: The vaccine rollout is going well and the economy improving, and that is sending yields and rate expectations higher, which is hurting growth stocks,” said Baird investment strategist Ross Mayfield, in Louisville, Kentucky.</p><p>The Dow Jones Industrial Average fell 0.39% to end at 31,270.09 points, while the S&amp;P 500 lost 1.31% to 3,819.72.</p><p>The Nasdaq Composite dropped 2.7% to 12,997.75. That left it at its lowest since early January and reduced its gain in 2021 to less than 1%.</p><p>The U.S. economic recovery continued at a modest pace over the first weeks of this year, with businesses optimistic about the months to come and demand for housing “robust,” but only slow improvement in the job market, the Federal Reserve reported.</p><p>While the vaccine distribution is expected to help the economy, data showed U.S. private employers hired fewer workers than expected in February, suggesting the labor market was struggling to regain speed.</p><p>Another report showed U.S. services industry activity unexpectedly slowed in February amid winter storms, while a measure of prices paid by companies for inputs surged to the highest level in nearly 12-1/2 years.</p><p>The U.S. 10-year Treasury yield ticked up to 1.47%, pressuring areas of the market with high valuations. It was still off last week’s peak of above 1.61% that roiled stock markets as investors bet on rising inflation.</p><p>Rising interest rates disproportionately hurt high-growth tech companies because investors value them based on earnings expected years into the future, and high interest rates hurt the value of future earnings more than the value of earnings made in the short term.</p><p>“There is a definite headwind for equity markets if yields go above the 1.5% level with most investors keeping an eye on the pace of yield growth,” said Michael Stritch, chief investment officer at BMO Wealth Management.</p><p>President Joe Biden’s proposed $1.9 trillion coronavirus relief bill would phase out $1,400 payments to high-income Americans in a compromise with moderate Democratic senators, according to lawmakers and media reports.</p><p>Exxon Mobil Corp rose 0.8% after the oil major unveiled plans to grow dividends and curb spending with projections that were less bold than previous years.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 62 new 52-week highs and no new lows; the Nasdaq Composite recorded 284 new highs and 68 new lows.</p><p>Volume on U.S. exchanges was 14 billion shares, compared with the 14.9 billion average for the full session over the last 20 trading days.</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>Wall Street drops as high-flying tech stocks retreat</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street drops as high-flying tech stocks retreat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-04 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果"},"source_url":"https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107788140","content_text":"(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.Microsoft Corp, Apple Inc and Amazon.com Inc dropped more than 2%, weighing more than any other stocks on the S&P 500.The S&P 500 financial and industrial sector indexes reached intra-day record highs. Most other S&P 500 sectors declined.“Today is the perfect encapsulation of the big theme we’ve been seeing in the past couple of months: The vaccine rollout is going well and the economy improving, and that is sending yields and rate expectations higher, which is hurting growth stocks,” said Baird investment strategist Ross Mayfield, in Louisville, Kentucky.The Dow Jones Industrial Average fell 0.39% to end at 31,270.09 points, while the S&P 500 lost 1.31% to 3,819.72.The Nasdaq Composite dropped 2.7% to 12,997.75. That left it at its lowest since early January and reduced its gain in 2021 to less than 1%.The U.S. economic recovery continued at a modest pace over the first weeks of this year, with businesses optimistic about the months to come and demand for housing “robust,” but only slow improvement in the job market, the Federal Reserve reported.While the vaccine distribution is expected to help the economy, data showed U.S. private employers hired fewer workers than expected in February, suggesting the labor market was struggling to regain speed.Another report showed U.S. services industry activity unexpectedly slowed in February amid winter storms, while a measure of prices paid by companies for inputs surged to the highest level in nearly 12-1/2 years.The U.S. 10-year Treasury yield ticked up to 1.47%, pressuring areas of the market with high valuations. It was still off last week’s peak of above 1.61% that roiled stock markets as investors bet on rising inflation.Rising interest rates disproportionately hurt high-growth tech companies because investors value them based on earnings expected years into the future, and high interest rates hurt the value of future earnings more than the value of earnings made in the short term.“There is a definite headwind for equity markets if yields go above the 1.5% level with most investors keeping an eye on the pace of yield growth,” said Michael Stritch, chief investment officer at BMO Wealth Management.President Joe Biden’s proposed $1.9 trillion coronavirus relief bill would phase out $1,400 payments to high-income Americans in a compromise with moderate Democratic senators, according to lawmakers and media reports.Exxon Mobil Corp rose 0.8% after the oil major unveiled plans to grow dividends and curb spending with projections that were less bold than previous years.Declining issues outnumbered advancing ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored decliners.The S&P 500 posted 62 new 52-week highs and no new lows; the Nasdaq Composite recorded 284 new highs and 68 new lows.Volume on U.S. exchanges was 14 billion shares, compared with the 14.9 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368419470,"gmtCreate":1614346824490,"gmtModify":1703476690385,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Great information","listText":"Great information","text":"Great 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news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361419030","repostId":"2114131201","repostType":4,"isVote":1,"tweetType":1,"viewCount":821,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387953581,"gmtCreate":1613712818443,"gmtModify":1631890071973,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Buy in today?","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Buy in today?","text":"$Palantir Technologies Inc.(PLTR)$Buy in today?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/387953581","isVote":1,"tweetType":1,"viewCount":1480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384917846,"gmtCreate":1613606297185,"gmtModify":1631890071976,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Not really understand, so Thier stock in market?","listText":"Not really understand, so Thier stock in market?","text":"Not really understand, so Thier stock in market?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384917846","repostId":"1160744674","repostType":4,"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385622718,"gmtCreate":1613546259634,"gmtModify":1631893615350,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Dangerous now?","listText":"Dangerous now?","text":"Dangerous now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/385622718","repostId":"1137917622","repostType":4,"repost":{"id":"1137917622","kind":"news","pubTimestamp":1613545971,"share":"https://www.laohu8.com/m/news/1137917622?lang=&edition=full","pubTime":"2021-02-17 15:12","market":"us","language":"en","title":"Why the stock market’s ‘worst-case’ scenario depends on these 3 ingredients","url":"https://stock-news.laohu8.com/highlight/detail?id=1137917622","media":"MarketWatch","summary":"Rising yields, widening credit spreads and rising dollar would spell trouble: Jefferies\nInvestors ar","content":"<p>Rising yields, widening credit spreads and rising dollar would spell trouble: Jefferies</p>\n<p>Investors are fretting over Treasury yields and wondering when a rate rise could start to crimp a stock-market rally, though they weren’t yet worried enough Tuesday to prevent major benchmarks from notching another round of all-time peaks.</p>\n<p>So when does the pain of rising yields, which makes it harder to justify stretched equity valuations, start to make a difference? With the yield on the 10-year Treasury note&nbsp;moving back above 1.2%, a challenge of the 1.5% area, which is the equivalent of the dividend yield on the S&amp;P 500,could soon be in store, wrote Sean Darby, global head of strategy at Jefferies, in a Tuesday note.</p>\n<p>That event “will probably coincide with the first test for the valuations of the higher PE stocks and the relative performance of the S&amp;P 500 versus more loftier valued indices such as the Nasdaq-100,” he wrote, referring to the P/E, or price-to-earnings ratio, a common measure of stock market valuations.</p>\n<p>Historically, low Treasury rates have been seen justifying lofty valuations for equities, as investors have little choice but to look to stocks for returns. While Treasury yields remain low, the move higher could threaten equities with the most stretched valuations, strategists have warned. Yields and bond prices move in opposite directions.</p>\n<p>But Darby delves deeper, arguing that financial markets have likely undergone a “regime change” as investors adapt to the Federal Reserve’s average-inflation targeting setup, which would see the central bank allow inflation to overshoot its target and the economy to run hot before moving to tighten policy.</p>\n<p>That regime change amid expectations for abundant liquidity may be illustrated by the continued rally in junk, or high-yield, corporate bonds. Those yields have fallen sharply, even trading below Treasurys on an inflation-adjusted basis for the first time in history, he noted.</p>\n<p>Meanwhile, the U.S. dollar, while seeing a modest bounce to begin 2021, hasn’t yet staged a convincing turnaround after its steep 2020 slide, analysts said. A weaker dollar is generally seen as favorable for stocks by helping to keep global financial conditions loose.</p>\n<p>“In reality the worst case scenario for equity investors would be a selloff in [Treasurys] accompanied by widening credit spreads and a strong dollar,” Darby said. “To date, higher U’S’ bond yields have not been able to arrest the decline in the greenback — real interest rates are still negative.”</p>\n<p>So what should stock-market investors expect?</p>\n<p>First off, “much higher yields,” he said, noting that all three of Jefferies’ indicators on the direction of the 10-year yield — the 10-year vs. 2-year U.S. yield curve vs. inflation expectations; the yield curve vs. U.S. M1 money supply; and the yield curve vs. the copper/gold ratio — are all pointed vertical, particularly the relationship between money supply and the yield curve (see chart below).</p>\n<p><img src=\"https://static.tigerbbs.com/bbd2d670eb3878e88a74b7cef6e07a1a\" tg-width=\"1259\" tg-height=\"1010\"></p>\n<p>Jefferies expects the 10-year yield to hit 2% by year-end, Darby noted.</p>\n<p>Secondly, high price-to-earnings ratio stocks in the S&amp;P 500 saw a sharp absolute return as the 30-year Treasury yield&nbsp;plunged, Darby said (see chart below), noting the same was true for the tech-concentrated Nasdaq-100.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa66391315c6c3febff9d67944902f7\" tg-width=\"1260\" tg-height=\"1012\"></p>\n<p>“These are the most sensitive to higher U.S. long-term rates,” he said, noting that equities are long duration assets.</p>\n<p>The 30-year yield&nbsp;jumped 8.6 basis points to a more-than-one-year high 2.089% Tuesday, while the 10-year yield rose 9.8 basis points to 1.298%. The Dow Jones Industrial Average&nbsp;eked out a gain of 64.35 points, or 0.2%, in choppy trade,building on last Friday’s record close&nbsp;as investors returned from a three-day holiday weekend. The S&amp;P 500 ended 0.1% lower, while the Nasdaq Composite&nbsp;shed 0.3%.</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>Why the stock market’s ‘worst-case’ scenario depends on these 3 ingredients</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy the stock market’s ‘worst-case’ scenario depends on these 3 ingredients\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-17 15:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-combo-would-be-worst-case-scenario-for-stock-market-investors-11613505230?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rising yields, widening credit spreads and rising dollar would spell trouble: Jefferies\nInvestors are fretting over Treasury yields and wondering when a rate rise could start to crimp a stock-market ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-combo-would-be-worst-case-scenario-for-stock-market-investors-11613505230?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/this-combo-would-be-worst-case-scenario-for-stock-market-investors-11613505230?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1137917622","content_text":"Rising yields, widening credit spreads and rising dollar would spell trouble: Jefferies\nInvestors are fretting over Treasury yields and wondering when a rate rise could start to crimp a stock-market rally, though they weren’t yet worried enough Tuesday to prevent major benchmarks from notching another round of all-time peaks.\nSo when does the pain of rising yields, which makes it harder to justify stretched equity valuations, start to make a difference? With the yield on the 10-year Treasury note moving back above 1.2%, a challenge of the 1.5% area, which is the equivalent of the dividend yield on the S&P 500,could soon be in store, wrote Sean Darby, global head of strategy at Jefferies, in a Tuesday note.\nThat event “will probably coincide with the first test for the valuations of the higher PE stocks and the relative performance of the S&P 500 versus more loftier valued indices such as the Nasdaq-100,” he wrote, referring to the P/E, or price-to-earnings ratio, a common measure of stock market valuations.\nHistorically, low Treasury rates have been seen justifying lofty valuations for equities, as investors have little choice but to look to stocks for returns. While Treasury yields remain low, the move higher could threaten equities with the most stretched valuations, strategists have warned. Yields and bond prices move in opposite directions.\nBut Darby delves deeper, arguing that financial markets have likely undergone a “regime change” as investors adapt to the Federal Reserve’s average-inflation targeting setup, which would see the central bank allow inflation to overshoot its target and the economy to run hot before moving to tighten policy.\nThat regime change amid expectations for abundant liquidity may be illustrated by the continued rally in junk, or high-yield, corporate bonds. Those yields have fallen sharply, even trading below Treasurys on an inflation-adjusted basis for the first time in history, he noted.\nMeanwhile, the U.S. dollar, while seeing a modest bounce to begin 2021, hasn’t yet staged a convincing turnaround after its steep 2020 slide, analysts said. A weaker dollar is generally seen as favorable for stocks by helping to keep global financial conditions loose.\n“In reality the worst case scenario for equity investors would be a selloff in [Treasurys] accompanied by widening credit spreads and a strong dollar,” Darby said. “To date, higher U’S’ bond yields have not been able to arrest the decline in the greenback — real interest rates are still negative.”\nSo what should stock-market investors expect?\nFirst off, “much higher yields,” he said, noting that all three of Jefferies’ indicators on the direction of the 10-year yield — the 10-year vs. 2-year U.S. yield curve vs. inflation expectations; the yield curve vs. U.S. M1 money supply; and the yield curve vs. the copper/gold ratio — are all pointed vertical, particularly the relationship between money supply and the yield curve (see chart below).\n\nJefferies expects the 10-year yield to hit 2% by year-end, Darby noted.\nSecondly, high price-to-earnings ratio stocks in the S&P 500 saw a sharp absolute return as the 30-year Treasury yield plunged, Darby said (see chart below), noting the same was true for the tech-concentrated Nasdaq-100.\n\n“These are the most sensitive to higher U.S. long-term rates,” he said, noting that equities are long duration assets.\nThe 30-year yield jumped 8.6 basis points to a more-than-one-year high 2.089% Tuesday, while the 10-year yield rose 9.8 basis points to 1.298%. The Dow Jones Industrial Average eked out a gain of 64.35 points, or 0.2%, in choppy trade,building on last Friday’s record close as investors returned from a three-day holiday weekend. The S&P 500 ended 0.1% lower, while the Nasdaq Composite shed 0.3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385621278,"gmtCreate":1613545864294,"gmtModify":1631893615364,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Is time to buy the stock?","listText":"Is time to buy the stock?","text":"Is time to buy the stock?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/385621278","repostId":"1117820148","repostType":4,"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385686264,"gmtCreate":1613542910558,"gmtModify":1631893615376,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/385686264","repostId":"1146053060","repostType":4,"repost":{"id":"1146053060","kind":"news","pubTimestamp":1613540252,"share":"https://www.laohu8.com/m/news/1146053060?lang=&edition=full","pubTime":"2021-02-17 13:37","market":"fut","language":"en","title":"Is This Oil Rally The Start Of Something Much Bigger?","url":"https://stock-news.laohu8.com/highlight/detail?id=1146053060","media":"Oilprice","summary":"Commodities have rallied in recent months, outperforming equity indexes amid expectations of an econ","content":"<p>Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation.</p>\n<p>The commodity bull run across the board—spearheaded by a 50-percent jump in oil prices over the past three months—isn’t finished running, analysts and investment banks say. Some of the biggest investment banks have even started to call the start of a new commodities supercycle, which by definition, lasts years—typically about a decade.</p>\n<p>Yet, not all investment banks and analysts are as convinced that we are in for a commodities supercycle across the board, warning that the term<i>supercycle</i>is too optimistic for a bull run that could fizzle out within a year or two and could still fall victim to negative COVID-related impacts.</p>\n<p><b><i>Commodity Rally</i></b></p>\n<p>As early as in October 2020, a few weeks before the first announcement of an&nbsp;effective vaccine candidate, Goldman Sachs&nbsp;said&nbsp;that commodities were headed toward a bull run in 2021. Hedges against expectations of rising inflation, a weakening U.S. dollar in which most commodities are traded, and signals of “very easy” monetary policy from central banks would be the key drivers of rallying commodities, Goldman Sachs said back then.</p>\n<p>Goldman expected the S&amp;P Goldman Sachs Commodity Index (GSCI) to return 42.6 percent for energy over a 12-month period, and 17.9 percent for precious metals.</p>\n<p>Over the past three months, the&nbsp;S&amp;P GSCI has outperformed&nbsp;the S&amp;P 500 index, with the commodity index rising by 25 percent, compared to (just) a 9-percent increase in the S&amp;P 500.</p>\n<p>Over the same period, oil prices have rallied from the low $40s to above $60 a barrel, driven by vaccine rollouts, OPEC+ production cuts, and expectations of a tight market and rising oil demand later this year when economies return to growth, helped by large stimulus packages.</p>\n<p><b><i>Some Drivers Of A New Supercycle Are Here…</i></b></p>\n<p>According to JPMorgan, there are reasons to believe that a new commodity supercycle may have just started.</p>\n<p>“We believe that the new commodity upswing, and in particular oil up cycle, has started,” JPMorgan analysts led by Marko Kolanovic said in a note last week, as carried by&nbsp;Bloomberg.</p>\n<p>The latest commodity supercycle ended in 2008 after a 12-year run, boosted by the super-spending and economic surge in China.</p>\n<p>JPMorgan now sees several&nbsp;potential factors&nbsp;underpinning a new supercycle: post-pandemic global economic growth, “ultra loose” monetary policies, increased and tolerated inflation, weakening U.S. dollar, financial inflows to hedge inflation, metals for energy transition markets such as batteries and electric vehicles (EVs), and underinvestment in new oil supply.</p>\n<p>The International Energy Agency (IEA)&nbsp;warned&nbsp;last year that if investment in oil were to stay at the 2020 levels over the next five years, it would reduce the previously expected level of oil supply in 2025 by nearly 9 million barrels per day (bpd).</p>\n<p>This year, global upstream investments will stay low, just like they were in 2020, Wood Mackenzie&nbsp;said&nbsp;in December, expecting upstream oil and gas investment at a 15-year low of just US$300 billion, down by 30 percent from the pre-crisis level of investment in 2019.</p>\n<p>“The world may be sleepwalking into a supply crunch, albeit beyond 2021. A recovery in oil demand back to over 100 million b/d by late 2022 increases risk of a material supply gap later this decade, triggering an upward spike in price,” said Simon Flowers, Chairman and Chief Analyst at WoodMac.</p>\n<p>Then, “very easy monetary policy” and reflation trade could push oil pricesas high as $100 a barrel&nbsp;next year, Amrita Sen, chief oil analyst at Energy Aspects, told Bloomberg earlier this month.</p>\n<p>In the week to February 9, hedge funds increased bullish bets on 24 major commodity futures by 5 percent to a fresh high of 2.7 million lots, representing a nominal value of $143.7 billion, Ole Hansen, Head of Commodity Strategy at Saxo Bank,said, commenting on the latest Commitments of Traders report.</p>\n<p>The combined net long position—the difference between bullish and bearish bets—in Brent and WTI has now increased to the highest in 28 months, while the net long in the grain sector in agriculture is not far from the record set in August 2012, Hansen noted.</p>\n<p>Post-pandemic growth, tightening supply, and continued demand for reflation hedges pushed the Bloomberg Commodity index to a 27-month high, Hansen said.</p>\n<p><b><i>But Is This The Start Of The Next Commodities Supercycle?</i></b></p>\n<p>Although crude oil and other commodities have rallied and signals have emerged to support the call for a new supercycle, some analysts are cautious and say it is a little early to proclaim the beginning of the next commodity supercycle.</p>\n<p>What we see in oil and commodities right now is a cyclical recovery, but a supercycle could be “two to three years away,” George Cheveley, portfolio manager at asset management company Ninety One, told&nbsp;Financial Times’ Natural Resources Editor Neil Hume.</p>\n<p>This bull run is unlikely to turn into a supercycle for commodities, because while investment may be depressed, “the material is abundant” for many commodities, including crude oil, Ed Morse, managing director and global head of commodities research at Citigroup, told the&nbsp;Financial Post&nbsp;in an interview last week.</p>\n<p>Commodities have certainly benefited from the optimism that post-COVID growth and stimulus packages will boost demand and prices, but it may be a little premature to trumpet the next decade-long across-the-board commodities supercycle.</p>","source":"lsy1606109400967","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is This Oil Rally The Start Of Something Much Bigger?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs This Oil Rally The Start Of Something Much Bigger?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-17 13:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://oilprice.com/Energy/Oil-Prices/Is-This-Oil-Rally-The-Start-Of-Something-Much-Bigger.html><strong>Oilprice</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation.\nThe commodity bull run across the board—...</p>\n\n<a href=\"https://oilprice.com/Energy/Oil-Prices/Is-This-Oil-Rally-The-Start-Of-Something-Much-Bigger.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://oilprice.com/Energy/Oil-Prices/Is-This-Oil-Rally-The-Start-Of-Something-Much-Bigger.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146053060","content_text":"Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation.\nThe commodity bull run across the board—spearheaded by a 50-percent jump in oil prices over the past three months—isn’t finished running, analysts and investment banks say. Some of the biggest investment banks have even started to call the start of a new commodities supercycle, which by definition, lasts years—typically about a decade.\nYet, not all investment banks and analysts are as convinced that we are in for a commodities supercycle across the board, warning that the termsupercycleis too optimistic for a bull run that could fizzle out within a year or two and could still fall victim to negative COVID-related impacts.\nCommodity Rally\nAs early as in October 2020, a few weeks before the first announcement of an effective vaccine candidate, Goldman Sachs said that commodities were headed toward a bull run in 2021. Hedges against expectations of rising inflation, a weakening U.S. dollar in which most commodities are traded, and signals of “very easy” monetary policy from central banks would be the key drivers of rallying commodities, Goldman Sachs said back then.\nGoldman expected the S&P Goldman Sachs Commodity Index (GSCI) to return 42.6 percent for energy over a 12-month period, and 17.9 percent for precious metals.\nOver the past three months, the S&P GSCI has outperformed the S&P 500 index, with the commodity index rising by 25 percent, compared to (just) a 9-percent increase in the S&P 500.\nOver the same period, oil prices have rallied from the low $40s to above $60 a barrel, driven by vaccine rollouts, OPEC+ production cuts, and expectations of a tight market and rising oil demand later this year when economies return to growth, helped by large stimulus packages.\nSome Drivers Of A New Supercycle Are Here…\nAccording to JPMorgan, there are reasons to believe that a new commodity supercycle may have just started.\n“We believe that the new commodity upswing, and in particular oil up cycle, has started,” JPMorgan analysts led by Marko Kolanovic said in a note last week, as carried by Bloomberg.\nThe latest commodity supercycle ended in 2008 after a 12-year run, boosted by the super-spending and economic surge in China.\nJPMorgan now sees several potential factors underpinning a new supercycle: post-pandemic global economic growth, “ultra loose” monetary policies, increased and tolerated inflation, weakening U.S. dollar, financial inflows to hedge inflation, metals for energy transition markets such as batteries and electric vehicles (EVs), and underinvestment in new oil supply.\nThe International Energy Agency (IEA) warned last year that if investment in oil were to stay at the 2020 levels over the next five years, it would reduce the previously expected level of oil supply in 2025 by nearly 9 million barrels per day (bpd).\nThis year, global upstream investments will stay low, just like they were in 2020, Wood Mackenzie said in December, expecting upstream oil and gas investment at a 15-year low of just US$300 billion, down by 30 percent from the pre-crisis level of investment in 2019.\n“The world may be sleepwalking into a supply crunch, albeit beyond 2021. A recovery in oil demand back to over 100 million b/d by late 2022 increases risk of a material supply gap later this decade, triggering an upward spike in price,” said Simon Flowers, Chairman and Chief Analyst at WoodMac.\nThen, “very easy monetary policy” and reflation trade could push oil pricesas high as $100 a barrel next year, Amrita Sen, chief oil analyst at Energy Aspects, told Bloomberg earlier this month.\nIn the week to February 9, hedge funds increased bullish bets on 24 major commodity futures by 5 percent to a fresh high of 2.7 million lots, representing a nominal value of $143.7 billion, Ole Hansen, Head of Commodity Strategy at Saxo Bank,said, commenting on the latest Commitments of Traders report.\nThe combined net long position—the difference between bullish and bearish bets—in Brent and WTI has now increased to the highest in 28 months, while the net long in the grain sector in agriculture is not far from the record set in August 2012, Hansen noted.\nPost-pandemic growth, tightening supply, and continued demand for reflation hedges pushed the Bloomberg Commodity index to a 27-month high, Hansen said.\nBut Is This The Start Of The Next Commodities Supercycle?\nAlthough crude oil and other commodities have rallied and signals have emerged to support the call for a new supercycle, some analysts are cautious and say it is a little early to proclaim the beginning of the next commodity supercycle.\nWhat we see in oil and commodities right now is a cyclical recovery, but a supercycle could be “two to three years away,” George Cheveley, portfolio manager at asset management company Ninety One, told Financial Times’ Natural Resources Editor Neil Hume.\nThis bull run is unlikely to turn into a supercycle for commodities, because while investment may be depressed, “the material is abundant” for many commodities, including crude oil, Ed Morse, managing director and global head of commodities research at Citigroup, told the Financial Post in an interview last week.\nCommodities have certainly benefited from the optimism that post-COVID growth and stimulus packages will boost demand and prices, but it may be a little premature to trumpet the next decade-long across-the-board commodities supercycle.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":364328908,"gmtCreate":1614817258704,"gmtModify":1703481470658,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"It time to make money","listText":"It time to make money","text":"It time to make money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/364328908","repostId":"1107788140","repostType":4,"repost":{"id":"1107788140","kind":"news","pubTimestamp":1614816795,"share":"https://www.laohu8.com/m/news/1107788140?lang=&edition=full","pubTime":"2021-03-04 08:13","market":"us","language":"en","title":"Wall Street drops as high-flying tech stocks retreat","url":"https://stock-news.laohu8.com/highlight/detail?id=1107788140","media":"Reuters","summary":"(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology ","content":"<p>(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.</p><p>Microsoft Corp, Apple Inc and Amazon.com Inc dropped more than 2%, weighing more than any other stocks on the S&amp;P 500.</p><p>The S&amp;P 500 financial and industrial sector indexes reached intra-day record highs. Most other S&amp;P 500 sectors declined.</p><p>“Today is the perfect encapsulation of the big theme we’ve been seeing in the past couple of months: The vaccine rollout is going well and the economy improving, and that is sending yields and rate expectations higher, which is hurting growth stocks,” said Baird investment strategist Ross Mayfield, in Louisville, Kentucky.</p><p>The Dow Jones Industrial Average fell 0.39% to end at 31,270.09 points, while the S&amp;P 500 lost 1.31% to 3,819.72.</p><p>The Nasdaq Composite dropped 2.7% to 12,997.75. That left it at its lowest since early January and reduced its gain in 2021 to less than 1%.</p><p>The U.S. economic recovery continued at a modest pace over the first weeks of this year, with businesses optimistic about the months to come and demand for housing “robust,” but only slow improvement in the job market, the Federal Reserve reported.</p><p>While the vaccine distribution is expected to help the economy, data showed U.S. private employers hired fewer workers than expected in February, suggesting the labor market was struggling to regain speed.</p><p>Another report showed U.S. services industry activity unexpectedly slowed in February amid winter storms, while a measure of prices paid by companies for inputs surged to the highest level in nearly 12-1/2 years.</p><p>The U.S. 10-year Treasury yield ticked up to 1.47%, pressuring areas of the market with high valuations. It was still off last week’s peak of above 1.61% that roiled stock markets as investors bet on rising inflation.</p><p>Rising interest rates disproportionately hurt high-growth tech companies because investors value them based on earnings expected years into the future, and high interest rates hurt the value of future earnings more than the value of earnings made in the short term.</p><p>“There is a definite headwind for equity markets if yields go above the 1.5% level with most investors keeping an eye on the pace of yield growth,” said Michael Stritch, chief investment officer at BMO Wealth Management.</p><p>President Joe Biden’s proposed $1.9 trillion coronavirus relief bill would phase out $1,400 payments to high-income Americans in a compromise with moderate Democratic senators, according to lawmakers and media reports.</p><p>Exxon Mobil Corp rose 0.8% after the oil major unveiled plans to grow dividends and curb spending with projections that were less bold than previous years.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 62 new 52-week highs and no new lows; the Nasdaq Composite recorded 284 new highs and 68 new lows.</p><p>Volume on U.S. exchanges was 14 billion shares, compared with the 14.9 billion average for the full session over the last 20 trading days.</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>Wall Street drops as high-flying tech stocks retreat</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street drops as high-flying tech stocks retreat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-04 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果"},"source_url":"https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107788140","content_text":"(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.Microsoft Corp, Apple Inc and Amazon.com Inc dropped more than 2%, weighing more than any other stocks on the S&P 500.The S&P 500 financial and industrial sector indexes reached intra-day record highs. Most other S&P 500 sectors declined.“Today is the perfect encapsulation of the big theme we’ve been seeing in the past couple of months: The vaccine rollout is going well and the economy improving, and that is sending yields and rate expectations higher, which is hurting growth stocks,” said Baird investment strategist Ross Mayfield, in Louisville, Kentucky.The Dow Jones Industrial Average fell 0.39% to end at 31,270.09 points, while the S&P 500 lost 1.31% to 3,819.72.The Nasdaq Composite dropped 2.7% to 12,997.75. That left it at its lowest since early January and reduced its gain in 2021 to less than 1%.The U.S. economic recovery continued at a modest pace over the first weeks of this year, with businesses optimistic about the months to come and demand for housing “robust,” but only slow improvement in the job market, the Federal Reserve reported.While the vaccine distribution is expected to help the economy, data showed U.S. private employers hired fewer workers than expected in February, suggesting the labor market was struggling to regain speed.Another report showed U.S. services industry activity unexpectedly slowed in February amid winter storms, while a measure of prices paid by companies for inputs surged to the highest level in nearly 12-1/2 years.The U.S. 10-year Treasury yield ticked up to 1.47%, pressuring areas of the market with high valuations. It was still off last week’s peak of above 1.61% that roiled stock markets as investors bet on rising inflation.Rising interest rates disproportionately hurt high-growth tech companies because investors value them based on earnings expected years into the future, and high interest rates hurt the value of future earnings more than the value of earnings made in the short term.“There is a definite headwind for equity markets if yields go above the 1.5% level with most investors keeping an eye on the pace of yield growth,” said Michael Stritch, chief investment officer at BMO Wealth Management.President Joe Biden’s proposed $1.9 trillion coronavirus relief bill would phase out $1,400 payments to high-income Americans in a compromise with moderate Democratic senators, according to lawmakers and media reports.Exxon Mobil Corp rose 0.8% after the oil major unveiled plans to grow dividends and curb spending with projections that were less bold than previous years.Declining issues outnumbered advancing ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored decliners.The S&P 500 posted 62 new 52-week highs and no new lows; the Nasdaq Composite recorded 284 new highs and 68 new lows.Volume on U.S. exchanges was 14 billion shares, compared with the 14.9 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328151820,"gmtCreate":1615508352960,"gmtModify":1703490112731,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Good time to have it","listText":"Good time to have it","text":"Good time to have it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/328151820","repostId":"1134483939","repostType":4,"isVote":1,"tweetType":1,"viewCount":1394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320831480,"gmtCreate":1615076641040,"gmtModify":1703484511478,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/320831480","repostId":"1100698985","repostType":4,"isVote":1,"tweetType":1,"viewCount":1090,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368419470,"gmtCreate":1614346824490,"gmtModify":1703476690385,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Great information","listText":"Great information","text":"Great information","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/368419470","repostId":"2114326591","repostType":2,"isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361790769,"gmtCreate":1614260174051,"gmtModify":1631890071962,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Xiao mi already in India long time","listText":"Xiao mi already in India long time","text":"Xiao mi already in India long time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/361790769","repostId":"2114317810","repostType":4,"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385686264,"gmtCreate":1613542910558,"gmtModify":1631893615376,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/385686264","repostId":"1146053060","repostType":4,"repost":{"id":"1146053060","kind":"news","pubTimestamp":1613540252,"share":"https://www.laohu8.com/m/news/1146053060?lang=&edition=full","pubTime":"2021-02-17 13:37","market":"fut","language":"en","title":"Is This Oil Rally The Start Of Something Much Bigger?","url":"https://stock-news.laohu8.com/highlight/detail?id=1146053060","media":"Oilprice","summary":"Commodities have rallied in recent months, outperforming equity indexes amid expectations of an econ","content":"<p>Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation.</p>\n<p>The commodity bull run across the board—spearheaded by a 50-percent jump in oil prices over the past three months—isn’t finished running, analysts and investment banks say. Some of the biggest investment banks have even started to call the start of a new commodities supercycle, which by definition, lasts years—typically about a decade.</p>\n<p>Yet, not all investment banks and analysts are as convinced that we are in for a commodities supercycle across the board, warning that the term<i>supercycle</i>is too optimistic for a bull run that could fizzle out within a year or two and could still fall victim to negative COVID-related impacts.</p>\n<p><b><i>Commodity Rally</i></b></p>\n<p>As early as in October 2020, a few weeks before the first announcement of an&nbsp;effective vaccine candidate, Goldman Sachs&nbsp;said&nbsp;that commodities were headed toward a bull run in 2021. Hedges against expectations of rising inflation, a weakening U.S. dollar in which most commodities are traded, and signals of “very easy” monetary policy from central banks would be the key drivers of rallying commodities, Goldman Sachs said back then.</p>\n<p>Goldman expected the S&amp;P Goldman Sachs Commodity Index (GSCI) to return 42.6 percent for energy over a 12-month period, and 17.9 percent for precious metals.</p>\n<p>Over the past three months, the&nbsp;S&amp;P GSCI has outperformed&nbsp;the S&amp;P 500 index, with the commodity index rising by 25 percent, compared to (just) a 9-percent increase in the S&amp;P 500.</p>\n<p>Over the same period, oil prices have rallied from the low $40s to above $60 a barrel, driven by vaccine rollouts, OPEC+ production cuts, and expectations of a tight market and rising oil demand later this year when economies return to growth, helped by large stimulus packages.</p>\n<p><b><i>Some Drivers Of A New Supercycle Are Here…</i></b></p>\n<p>According to JPMorgan, there are reasons to believe that a new commodity supercycle may have just started.</p>\n<p>“We believe that the new commodity upswing, and in particular oil up cycle, has started,” JPMorgan analysts led by Marko Kolanovic said in a note last week, as carried by&nbsp;Bloomberg.</p>\n<p>The latest commodity supercycle ended in 2008 after a 12-year run, boosted by the super-spending and economic surge in China.</p>\n<p>JPMorgan now sees several&nbsp;potential factors&nbsp;underpinning a new supercycle: post-pandemic global economic growth, “ultra loose” monetary policies, increased and tolerated inflation, weakening U.S. dollar, financial inflows to hedge inflation, metals for energy transition markets such as batteries and electric vehicles (EVs), and underinvestment in new oil supply.</p>\n<p>The International Energy Agency (IEA)&nbsp;warned&nbsp;last year that if investment in oil were to stay at the 2020 levels over the next five years, it would reduce the previously expected level of oil supply in 2025 by nearly 9 million barrels per day (bpd).</p>\n<p>This year, global upstream investments will stay low, just like they were in 2020, Wood Mackenzie&nbsp;said&nbsp;in December, expecting upstream oil and gas investment at a 15-year low of just US$300 billion, down by 30 percent from the pre-crisis level of investment in 2019.</p>\n<p>“The world may be sleepwalking into a supply crunch, albeit beyond 2021. A recovery in oil demand back to over 100 million b/d by late 2022 increases risk of a material supply gap later this decade, triggering an upward spike in price,” said Simon Flowers, Chairman and Chief Analyst at WoodMac.</p>\n<p>Then, “very easy monetary policy” and reflation trade could push oil pricesas high as $100 a barrel&nbsp;next year, Amrita Sen, chief oil analyst at Energy Aspects, told Bloomberg earlier this month.</p>\n<p>In the week to February 9, hedge funds increased bullish bets on 24 major commodity futures by 5 percent to a fresh high of 2.7 million lots, representing a nominal value of $143.7 billion, Ole Hansen, Head of Commodity Strategy at Saxo Bank,said, commenting on the latest Commitments of Traders report.</p>\n<p>The combined net long position—the difference between bullish and bearish bets—in Brent and WTI has now increased to the highest in 28 months, while the net long in the grain sector in agriculture is not far from the record set in August 2012, Hansen noted.</p>\n<p>Post-pandemic growth, tightening supply, and continued demand for reflation hedges pushed the Bloomberg Commodity index to a 27-month high, Hansen said.</p>\n<p><b><i>But Is This The Start Of The Next Commodities Supercycle?</i></b></p>\n<p>Although crude oil and other commodities have rallied and signals have emerged to support the call for a new supercycle, some analysts are cautious and say it is a little early to proclaim the beginning of the next commodity supercycle.</p>\n<p>What we see in oil and commodities right now is a cyclical recovery, but a supercycle could be “two to three years away,” George Cheveley, portfolio manager at asset management company Ninety One, told&nbsp;Financial Times’ Natural Resources Editor Neil Hume.</p>\n<p>This bull run is unlikely to turn into a supercycle for commodities, because while investment may be depressed, “the material is abundant” for many commodities, including crude oil, Ed Morse, managing director and global head of commodities research at Citigroup, told the&nbsp;Financial Post&nbsp;in an interview last week.</p>\n<p>Commodities have certainly benefited from the optimism that post-COVID growth and stimulus packages will boost demand and prices, but it may be a little premature to trumpet the next decade-long across-the-board commodities supercycle.</p>","source":"lsy1606109400967","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is This Oil Rally The Start Of Something Much Bigger?</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; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs This Oil Rally The Start Of Something Much Bigger?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-17 13:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://oilprice.com/Energy/Oil-Prices/Is-This-Oil-Rally-The-Start-Of-Something-Much-Bigger.html><strong>Oilprice</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation.\nThe commodity bull run across the board—...</p>\n\n<a href=\"https://oilprice.com/Energy/Oil-Prices/Is-This-Oil-Rally-The-Start-Of-Something-Much-Bigger.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://oilprice.com/Energy/Oil-Prices/Is-This-Oil-Rally-The-Start-Of-Something-Much-Bigger.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146053060","content_text":"Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation.\nThe commodity bull run across the board—spearheaded by a 50-percent jump in oil prices over the past three months—isn’t finished running, analysts and investment banks say. Some of the biggest investment banks have even started to call the start of a new commodities supercycle, which by definition, lasts years—typically about a decade.\nYet, not all investment banks and analysts are as convinced that we are in for a commodities supercycle across the board, warning that the termsupercycleis too optimistic for a bull run that could fizzle out within a year or two and could still fall victim to negative COVID-related impacts.\nCommodity Rally\nAs early as in October 2020, a few weeks before the first announcement of an effective vaccine candidate, Goldman Sachs said that commodities were headed toward a bull run in 2021. Hedges against expectations of rising inflation, a weakening U.S. dollar in which most commodities are traded, and signals of “very easy” monetary policy from central banks would be the key drivers of rallying commodities, Goldman Sachs said back then.\nGoldman expected the S&P Goldman Sachs Commodity Index (GSCI) to return 42.6 percent for energy over a 12-month period, and 17.9 percent for precious metals.\nOver the past three months, the S&P GSCI has outperformed the S&P 500 index, with the commodity index rising by 25 percent, compared to (just) a 9-percent increase in the S&P 500.\nOver the same period, oil prices have rallied from the low $40s to above $60 a barrel, driven by vaccine rollouts, OPEC+ production cuts, and expectations of a tight market and rising oil demand later this year when economies return to growth, helped by large stimulus packages.\nSome Drivers Of A New Supercycle Are Here…\nAccording to JPMorgan, there are reasons to believe that a new commodity supercycle may have just started.\n“We believe that the new commodity upswing, and in particular oil up cycle, has started,” JPMorgan analysts led by Marko Kolanovic said in a note last week, as carried by Bloomberg.\nThe latest commodity supercycle ended in 2008 after a 12-year run, boosted by the super-spending and economic surge in China.\nJPMorgan now sees several potential factors underpinning a new supercycle: post-pandemic global economic growth, “ultra loose” monetary policies, increased and tolerated inflation, weakening U.S. dollar, financial inflows to hedge inflation, metals for energy transition markets such as batteries and electric vehicles (EVs), and underinvestment in new oil supply.\nThe International Energy Agency (IEA) warned last year that if investment in oil were to stay at the 2020 levels over the next five years, it would reduce the previously expected level of oil supply in 2025 by nearly 9 million barrels per day (bpd).\nThis year, global upstream investments will stay low, just like they were in 2020, Wood Mackenzie said in December, expecting upstream oil and gas investment at a 15-year low of just US$300 billion, down by 30 percent from the pre-crisis level of investment in 2019.\n“The world may be sleepwalking into a supply crunch, albeit beyond 2021. A recovery in oil demand back to over 100 million b/d by late 2022 increases risk of a material supply gap later this decade, triggering an upward spike in price,” said Simon Flowers, Chairman and Chief Analyst at WoodMac.\nThen, “very easy monetary policy” and reflation trade could push oil pricesas high as $100 a barrel next year, Amrita Sen, chief oil analyst at Energy Aspects, told Bloomberg earlier this month.\nIn the week to February 9, hedge funds increased bullish bets on 24 major commodity futures by 5 percent to a fresh high of 2.7 million lots, representing a nominal value of $143.7 billion, Ole Hansen, Head of Commodity Strategy at Saxo Bank,said, commenting on the latest Commitments of Traders report.\nThe combined net long position—the difference between bullish and bearish bets—in Brent and WTI has now increased to the highest in 28 months, while the net long in the grain sector in agriculture is not far from the record set in August 2012, Hansen noted.\nPost-pandemic growth, tightening supply, and continued demand for reflation hedges pushed the Bloomberg Commodity index to a 27-month high, Hansen said.\nBut Is This The Start Of The Next Commodities Supercycle?\nAlthough crude oil and other commodities have rallied and signals have emerged to support the call for a new supercycle, some analysts are cautious and say it is a little early to proclaim the beginning of the next commodity supercycle.\nWhat we see in oil and commodities right now is a cyclical recovery, but a supercycle could be “two to three years away,” George Cheveley, portfolio manager at asset management company Ninety One, told Financial Times’ Natural Resources Editor Neil Hume.\nThis bull run is unlikely to turn into a supercycle for commodities, because while investment may be depressed, “the material is abundant” for many commodities, including crude oil, Ed Morse, managing director and global head of commodities research at Citigroup, told the Financial Post in an interview last week.\nCommodities have certainly benefited from the optimism that post-COVID growth and stimulus packages will boost demand and prices, but it may be a little premature to trumpet the next decade-long across-the-board commodities supercycle.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361411897,"gmtCreate":1614253866319,"gmtModify":1631890071967,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"QS look stable up","listText":"QS look stable up","text":"QS look stable up","images":[{"img":"https://static.tigerbbs.com/828a5f7cb280bc06bba164145f07acae","width":"1080","height":"2071"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/361411897","isVote":1,"tweetType":1,"viewCount":826,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":385622718,"gmtCreate":1613546259634,"gmtModify":1631893615350,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Dangerous now?","listText":"Dangerous now?","text":"Dangerous now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/385622718","repostId":"1137917622","repostType":4,"repost":{"id":"1137917622","kind":"news","pubTimestamp":1613545971,"share":"https://www.laohu8.com/m/news/1137917622?lang=&edition=full","pubTime":"2021-02-17 15:12","market":"us","language":"en","title":"Why the stock market’s ‘worst-case’ scenario depends on these 3 ingredients","url":"https://stock-news.laohu8.com/highlight/detail?id=1137917622","media":"MarketWatch","summary":"Rising yields, widening credit spreads and rising dollar would spell trouble: Jefferies\nInvestors ar","content":"<p>Rising yields, widening credit spreads and rising dollar would spell trouble: Jefferies</p>\n<p>Investors are fretting over Treasury yields and wondering when a rate rise could start to crimp a stock-market rally, though they weren’t yet worried enough Tuesday to prevent major benchmarks from notching another round of all-time peaks.</p>\n<p>So when does the pain of rising yields, which makes it harder to justify stretched equity valuations, start to make a difference? With the yield on the 10-year Treasury note&nbsp;moving back above 1.2%, a challenge of the 1.5% area, which is the equivalent of the dividend yield on the S&amp;P 500,could soon be in store, wrote Sean Darby, global head of strategy at Jefferies, in a Tuesday note.</p>\n<p>That event “will probably coincide with the first test for the valuations of the higher PE stocks and the relative performance of the S&amp;P 500 versus more loftier valued indices such as the Nasdaq-100,” he wrote, referring to the P/E, or price-to-earnings ratio, a common measure of stock market valuations.</p>\n<p>Historically, low Treasury rates have been seen justifying lofty valuations for equities, as investors have little choice but to look to stocks for returns. While Treasury yields remain low, the move higher could threaten equities with the most stretched valuations, strategists have warned. Yields and bond prices move in opposite directions.</p>\n<p>But Darby delves deeper, arguing that financial markets have likely undergone a “regime change” as investors adapt to the Federal Reserve’s average-inflation targeting setup, which would see the central bank allow inflation to overshoot its target and the economy to run hot before moving to tighten policy.</p>\n<p>That regime change amid expectations for abundant liquidity may be illustrated by the continued rally in junk, or high-yield, corporate bonds. Those yields have fallen sharply, even trading below Treasurys on an inflation-adjusted basis for the first time in history, he noted.</p>\n<p>Meanwhile, the U.S. dollar, while seeing a modest bounce to begin 2021, hasn’t yet staged a convincing turnaround after its steep 2020 slide, analysts said. A weaker dollar is generally seen as favorable for stocks by helping to keep global financial conditions loose.</p>\n<p>“In reality the worst case scenario for equity investors would be a selloff in [Treasurys] accompanied by widening credit spreads and a strong dollar,” Darby said. “To date, higher U’S’ bond yields have not been able to arrest the decline in the greenback — real interest rates are still negative.”</p>\n<p>So what should stock-market investors expect?</p>\n<p>First off, “much higher yields,” he said, noting that all three of Jefferies’ indicators on the direction of the 10-year yield — the 10-year vs. 2-year U.S. yield curve vs. inflation expectations; the yield curve vs. U.S. M1 money supply; and the yield curve vs. the copper/gold ratio — are all pointed vertical, particularly the relationship between money supply and the yield curve (see chart below).</p>\n<p><img src=\"https://static.tigerbbs.com/bbd2d670eb3878e88a74b7cef6e07a1a\" tg-width=\"1259\" tg-height=\"1010\"></p>\n<p>Jefferies expects the 10-year yield to hit 2% by year-end, Darby noted.</p>\n<p>Secondly, high price-to-earnings ratio stocks in the S&amp;P 500 saw a sharp absolute return as the 30-year Treasury yield&nbsp;plunged, Darby said (see chart below), noting the same was true for the tech-concentrated Nasdaq-100.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa66391315c6c3febff9d67944902f7\" tg-width=\"1260\" tg-height=\"1012\"></p>\n<p>“These are the most sensitive to higher U.S. long-term rates,” he said, noting that equities are long duration assets.</p>\n<p>The 30-year yield&nbsp;jumped 8.6 basis points to a more-than-one-year high 2.089% Tuesday, while the 10-year yield rose 9.8 basis points to 1.298%. The Dow Jones Industrial Average&nbsp;eked out a gain of 64.35 points, or 0.2%, in choppy trade,building on last Friday’s record close&nbsp;as investors returned from a three-day holiday weekend. The S&amp;P 500 ended 0.1% lower, while the Nasdaq Composite&nbsp;shed 0.3%.</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>Why the stock market’s ‘worst-case’ scenario depends on these 3 ingredients</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy the stock market’s ‘worst-case’ scenario depends on these 3 ingredients\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-17 15:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-combo-would-be-worst-case-scenario-for-stock-market-investors-11613505230?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rising yields, widening credit spreads and rising dollar would spell trouble: Jefferies\nInvestors are fretting over Treasury yields and wondering when a rate rise could start to crimp a stock-market ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-combo-would-be-worst-case-scenario-for-stock-market-investors-11613505230?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/this-combo-would-be-worst-case-scenario-for-stock-market-investors-11613505230?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1137917622","content_text":"Rising yields, widening credit spreads and rising dollar would spell trouble: Jefferies\nInvestors are fretting over Treasury yields and wondering when a rate rise could start to crimp a stock-market rally, though they weren’t yet worried enough Tuesday to prevent major benchmarks from notching another round of all-time peaks.\nSo when does the pain of rising yields, which makes it harder to justify stretched equity valuations, start to make a difference? With the yield on the 10-year Treasury note moving back above 1.2%, a challenge of the 1.5% area, which is the equivalent of the dividend yield on the S&P 500,could soon be in store, wrote Sean Darby, global head of strategy at Jefferies, in a Tuesday note.\nThat event “will probably coincide with the first test for the valuations of the higher PE stocks and the relative performance of the S&P 500 versus more loftier valued indices such as the Nasdaq-100,” he wrote, referring to the P/E, or price-to-earnings ratio, a common measure of stock market valuations.\nHistorically, low Treasury rates have been seen justifying lofty valuations for equities, as investors have little choice but to look to stocks for returns. While Treasury yields remain low, the move higher could threaten equities with the most stretched valuations, strategists have warned. Yields and bond prices move in opposite directions.\nBut Darby delves deeper, arguing that financial markets have likely undergone a “regime change” as investors adapt to the Federal Reserve’s average-inflation targeting setup, which would see the central bank allow inflation to overshoot its target and the economy to run hot before moving to tighten policy.\nThat regime change amid expectations for abundant liquidity may be illustrated by the continued rally in junk, or high-yield, corporate bonds. Those yields have fallen sharply, even trading below Treasurys on an inflation-adjusted basis for the first time in history, he noted.\nMeanwhile, the U.S. dollar, while seeing a modest bounce to begin 2021, hasn’t yet staged a convincing turnaround after its steep 2020 slide, analysts said. A weaker dollar is generally seen as favorable for stocks by helping to keep global financial conditions loose.\n“In reality the worst case scenario for equity investors would be a selloff in [Treasurys] accompanied by widening credit spreads and a strong dollar,” Darby said. “To date, higher U’S’ bond yields have not been able to arrest the decline in the greenback — real interest rates are still negative.”\nSo what should stock-market investors expect?\nFirst off, “much higher yields,” he said, noting that all three of Jefferies’ indicators on the direction of the 10-year yield — the 10-year vs. 2-year U.S. yield curve vs. inflation expectations; the yield curve vs. U.S. M1 money supply; and the yield curve vs. the copper/gold ratio — are all pointed vertical, particularly the relationship between money supply and the yield curve (see chart below).\n\nJefferies expects the 10-year yield to hit 2% by year-end, Darby noted.\nSecondly, high price-to-earnings ratio stocks in the S&P 500 saw a sharp absolute return as the 30-year Treasury yield plunged, Darby said (see chart below), noting the same was true for the tech-concentrated Nasdaq-100.\n\n“These are the most sensitive to higher U.S. long-term rates,” he said, noting that equities are long duration assets.\nThe 30-year yield jumped 8.6 basis points to a more-than-one-year high 2.089% Tuesday, while the 10-year yield rose 9.8 basis points to 1.298%. The Dow Jones Industrial Average eked out a gain of 64.35 points, or 0.2%, in choppy trade,building on last Friday’s record close as investors returned from a three-day holiday weekend. The S&P 500 ended 0.1% lower, while the Nasdaq Composite shed 0.3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387953581,"gmtCreate":1613712818443,"gmtModify":1631890071973,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Buy in today?","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Buy in today?","text":"$Palantir Technologies Inc.(PLTR)$Buy in today?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/387953581","isVote":1,"tweetType":1,"viewCount":1480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384917846,"gmtCreate":1613606297185,"gmtModify":1631890071976,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Not really understand, so Thier stock in market?","listText":"Not really understand, so Thier stock in market?","text":"Not really understand, so Thier stock in market?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384917846","repostId":"1160744674","repostType":4,"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166693932,"gmtCreate":1624004858526,"gmtModify":1631890071948,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166693932","repostId":"2144715515","repostType":2,"isVote":1,"tweetType":1,"viewCount":324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385621278,"gmtCreate":1613545864294,"gmtModify":1631893615364,"author":{"id":"3576634944099341","authorId":"3576634944099341","name":"GeeChun","avatar":"https://static.tigerbbs.com/2d0ca68ff291093e9ac8533ce11b83b4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576634944099341","authorIdStr":"3576634944099341"},"themes":[],"htmlText":"Is time to buy the stock?","listText":"Is time to buy the stock?","text":"Is time to buy the stock?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/385621278","repostId":"1117820148","repostType":4,"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}