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2021-06-24

Hahah

抱歉，原内容已删除

2021-06-24

Lol

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2021-06-23

Can I get a letter T

抱歉，原内容已删除

2021-06-23

Hmmm

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2021-06-23

I crei evertiem

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2021-06-23

Wow

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2021-06-23

That means more expensive living tsk

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2021-06-23

Wow

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2021-06-23

Gotta catch that rebound

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2021-06-22

Intriguing

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2021-06-22

Dank

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2021-06-22

Fight the FED

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2021-06-22

Big dipper

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2021-06-22

It ain't over

Is the Run Over in Meme-Stock Favorite AMC Entertainment?<blockquote>模因股票的挤兑是AMC院线最喜欢的吗？</blockquote>

2021-06-22

Hiiii

What Investors Can Learn From the History of Inflation<blockquote>投资者可以从通胀历史中学到什么</blockquote>

2021-06-22

Hmmm

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2021-06-22

Kars was suspended for so long he eventually stopped thinking

If You Thought These 2 Big Nasdaq Winners Were Done, Think Again<blockquote>如果您认为这两位纳斯达克大赢家已经结束，请再想一想</blockquote>

2021-06-22

Mega off but doge coin will moon AWOOOOO

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2021-06-22

Juicy

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2021-06-21

Much mooning

MicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond<blockquote>MicroStrategy利用首只加密垃圾债券的收益以37,617美元的价格购买了13,005只比特币</blockquote>

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Is the run about to end or can it c","content":"<p>  AMC Entertainment has led the charge in meme stocks this summer. Is the run about to end or can it continue higher? Let's look at the chart.  AMC Entertainment&nbsp;(<b>AMC</b>) -Get Report&nbsp;has taken over the online forums and stock trends over the last few weeks.</p><p><blockquote>今年夏天，AMC院线在模因股方面处于领先地位。涨势即将结束还是会继续走高？让我们看看图表。AMC院线(<b>AMC</b>）-过去几周，Get Report已经接管了在线论坛和股票趋势。</blockquote></p><p> The leader of the recent meme-stock rallyhas been on fire. Shares have risen almost 400% over the last month, despite the stock being down 22% from the highs set earlier this month.</p><p><blockquote>最近模因股票上涨的领头羊已经火了。尽管该股较本月早些时候创下的高点下跌了22%，但上个月该股仍上涨了近400%。</blockquote></p><p> AMC has beendiligent about raising capitalamid the surging stock price - just as the company should.</p><p><blockquote>AMC在股价飙升的情况下一直在努力筹集资金——正如该公司应该做的那样。</blockquote></p><p> Given that AMC was hit so hard during the pandemic, raising so much capital allows the company to, in the words of CEO Adam Aron, go fromplaying defense to playing offense.</p><p><blockquote>鉴于AMC在疫情期间遭受了如此严重的打击，用首席执行官亚当·阿伦(Adam Aron)的话说，筹集如此多的资金使该公司能够从防守转向进攻。</blockquote></p><p> The rally in AMC has helpedelevate other stocks too, including BlackBerry&nbsp;(<b>BB</b>) -Get Report, Clover&nbsp;(<b>CLOV</b>) -Get Report, Beyond Meat&nbsp;(<b>BYND</b>) -Get Report&nbsp;and others. Interestingly, GameStop&nbsp;(<b>GME</b>) -Get Report&nbsp;has not played as big of a role as the last short-squeeze bonanza earlier in the year.</p><p><blockquote>AMC的上涨也帮助提振了其他股票，包括黑莓（<b>BB</b>)-获取报告，三叶草(<b>克洛夫</b>)-获取报告，Beyond Meat(<b>BYND</b>）-获取报告和其他信息。有趣的是，游戏驿站（<b>GME</b>）-Get报告并没有像今年早些时候最后一次轧空热潮那样发挥那么大的作用。</blockquote></p><p> After the recent run though, investors are wondering if AMC’s time in the sun is done.</p><p><blockquote>不过，在最近的上涨之后，投资者想知道AMC的阳光时代是否已经结束。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a56b8e15fc8d23c35d04b0ad4fd9859\" tg-width=\"700\" tg-height=\"494\"><span>Daily chart of AMC stock. Chart courtesy of TrendSpider.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMC股票日线图。图表由TrendSpider.com提供</span></p></blockquote></p><p> In early June, AMC stock exploded higher and topped out at $72.62.</p><p><blockquote>6月初，AMC股价大幅走高，最高价为72.62美元。</blockquote></p><p> In the next session, shares tried to take out the high but couldn’t. In fact, AMC stock posted an incredibly wide range of more than $30 that day, failing to take out the prior day’s high or its low. Neither have been taken out since.</p><p><blockquote>在接下来的交易日中，股价试图突破高点，但未能成功。事实上，AMC股票当天的涨幅超过30美元，令人难以置信，未能突破前一天的高点或低点。从那以后都没有被取出过。</blockquote></p><p> Instead, shares continue to grind higher, using the 10-day moving average as a support level. However, the advances above $60 continue to act as resistance.</p><p><blockquote>相反，股价继续走高，使用10日移动平均线作为支撑位。然而，60美元上方的涨幅继续成为阻力。</blockquote></p><p> Trading an asset this volatile is not easy, but I wouldn’t say the run is necessarily over.</p><p><blockquote>交易如此波动的资产并不容易，但我不会说挤兑一定已经结束。</blockquote></p><p> First and foremost, I want to see the 10-day moving average and $52.75 area continue to act as support. As long as that’s the case, the stock can continue to consolidate and build for a potentially larger rally.</p><p><blockquote>首先，我希望看到10日均线和52.75美元区域继续作为支撑。只要是这种情况，该股就可以继续盘整并为潜在的更大反弹做好准备。</blockquote></p><p> A close below $52.75 opens up $50 and a potential test of the 21-day moving average. Below the latter and we could see further selling pressure down to the $35 to $40 area.</p><p><blockquote>收盘价低于52.75美元，开盘上涨50美元，可能测试21日移动平均线。低于后者，我们可能会看到进一步的抛售压力降至35至40美元区域。</blockquote></p><p> On the upside, let’s see how AMC continues to handle any moves north of $60. The $62.50 to $65 area has clearly been resistance, but a move above that zone (and even better, a close above this area) puts $70 to $75 in play.</p><p><blockquote>从好的方面来看，让我们看看AMC如何继续应对60美元以上的走势。62.50美元至65美元区域显然是阻力位，但突破该区域（更好的是，收盘价高于该区域）将使70美元至75美元发挥作用。</blockquote></p><p> That’s where the stock previously topped out and would put AMC between two key extensions from the previous range.</p><p><blockquote>这是该股之前见顶的地方，并将AMC置于之前区间的两个关键扩展之间。</blockquote></p><p></p>","source":"lsy1610613172068","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 the Run Over in Meme-Stock Favorite AMC Entertainment?<blockquote>模因股票的挤兑是AMC院线最喜欢的吗？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs the Run Over in Meme-Stock Favorite AMC Entertainment?<blockquote>模因股票的挤兑是AMC院线最喜欢的吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-06-22 14:49</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  AMC Entertainment has led the charge in meme stocks this summer. Is the run about to end or can it continue higher? Let's look at the chart.  AMC Entertainment&nbsp;(<b>AMC</b>) -Get Report&nbsp;has taken over the online forums and stock trends over the last few weeks.</p><p><blockquote>今年夏天，AMC院线在模因股方面处于领先地位。涨势即将结束还是会继续走高？让我们看看图表。AMC院线(<b>AMC</b>）-过去几周，Get Report已经接管了在线论坛和股票趋势。</blockquote></p><p> The leader of the recent meme-stock rallyhas been on fire. Shares have risen almost 400% over the last month, despite the stock being down 22% from the highs set earlier this month.</p><p><blockquote>最近模因股票上涨的领头羊已经火了。尽管该股较本月早些时候创下的高点下跌了22%，但上个月该股仍上涨了近400%。</blockquote></p><p> AMC has beendiligent about raising capitalamid the surging stock price - just as the company should.</p><p><blockquote>AMC在股价飙升的情况下一直在努力筹集资金——正如该公司应该做的那样。</blockquote></p><p> Given that AMC was hit so hard during the pandemic, raising so much capital allows the company to, in the words of CEO Adam Aron, go fromplaying defense to playing offense.</p><p><blockquote>鉴于AMC在疫情期间遭受了如此严重的打击，用首席执行官亚当·阿伦(Adam Aron)的话说，筹集如此多的资金使该公司能够从防守转向进攻。</blockquote></p><p> The rally in AMC has helpedelevate other stocks too, including BlackBerry&nbsp;(<b>BB</b>) -Get Report, Clover&nbsp;(<b>CLOV</b>) -Get Report, Beyond Meat&nbsp;(<b>BYND</b>) -Get Report&nbsp;and others. Interestingly, GameStop&nbsp;(<b>GME</b>) -Get Report&nbsp;has not played as big of a role as the last short-squeeze bonanza earlier in the year.</p><p><blockquote>AMC的上涨也帮助提振了其他股票，包括黑莓（<b>BB</b>)-获取报告，三叶草(<b>克洛夫</b>)-获取报告，Beyond Meat(<b>BYND</b>）-获取报告和其他信息。有趣的是，游戏驿站（<b>GME</b>）-Get报告并没有像今年早些时候最后一次轧空热潮那样发挥那么大的作用。</blockquote></p><p> After the recent run though, investors are wondering if AMC’s time in the sun is done.</p><p><blockquote>不过，在最近的上涨之后，投资者想知道AMC的阳光时代是否已经结束。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a56b8e15fc8d23c35d04b0ad4fd9859\" tg-width=\"700\" tg-height=\"494\"><span>Daily chart of AMC stock. Chart courtesy of TrendSpider.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMC股票日线图。图表由TrendSpider.com提供</span></p></blockquote></p><p> In early June, AMC stock exploded higher and topped out at $72.62.</p><p><blockquote>6月初，AMC股价大幅走高，最高价为72.62美元。</blockquote></p><p> In the next session, shares tried to take out the high but couldn’t. In fact, AMC stock posted an incredibly wide range of more than $30 that day, failing to take out the prior day’s high or its low. Neither have been taken out since.</p><p><blockquote>在接下来的交易日中，股价试图突破高点，但未能成功。事实上，AMC股票当天的涨幅超过30美元，令人难以置信，未能突破前一天的高点或低点。从那以后都没有被取出过。</blockquote></p><p> Instead, shares continue to grind higher, using the 10-day moving average as a support level. However, the advances above $60 continue to act as resistance.</p><p><blockquote>相反，股价继续走高，使用10日移动平均线作为支撑位。然而，60美元上方的涨幅继续成为阻力。</blockquote></p><p> Trading an asset this volatile is not easy, but I wouldn’t say the run is necessarily over.</p><p><blockquote>交易如此波动的资产并不容易，但我不会说挤兑一定已经结束。</blockquote></p><p> First and foremost, I want to see the 10-day moving average and $52.75 area continue to act as support. As long as that’s the case, the stock can continue to consolidate and build for a potentially larger rally.</p><p><blockquote>首先，我希望看到10日均线和52.75美元区域继续作为支撑。只要是这种情况，该股就可以继续盘整并为潜在的更大反弹做好准备。</blockquote></p><p> A close below $52.75 opens up $50 and a potential test of the 21-day moving average. Below the latter and we could see further selling pressure down to the $35 to $40 area.</p><p><blockquote>收盘价低于52.75美元，开盘上涨50美元，可能测试21日移动平均线。低于后者，我们可能会看到进一步的抛售压力降至35至40美元区域。</blockquote></p><p> On the upside, let’s see how AMC continues to handle any moves north of $60. The $62.50 to $65 area has clearly been resistance, but a move above that zone (and even better, a close above this area) puts $70 to $75 in play.</p><p><blockquote>从好的方面来看，让我们看看AMC如何继续应对60美元以上的走势。62.50美元至65美元区域显然是阻力位，但突破该区域（更好的是，收盘价高于该区域）将使70美元至75美元发挥作用。</blockquote></p><p> That’s where the stock previously topped out and would put AMC between two key extensions from the previous range.</p><p><blockquote>这是该股之前见顶的地方，并将AMC置于之前区间的两个关键扩展之间。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/trading-amc-stock-meme-stock-rally-new-highs\">The Street</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":{"AMC":"AMC院线"},"source_url":"https://www.thestreet.com/investing/trading-amc-stock-meme-stock-rally-new-highs","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148784310","content_text":"AMC Entertainment has led the charge in meme stocks this summer. Is the run about to end or can it continue higher? Let's look at the chart.\n\nAMC Entertainment (AMC) -Get Report has taken over the online forums and stock trends over the last few weeks.\nThe leader of the recent meme-stock rallyhas been on fire. Shares have risen almost 400% over the last month, despite the stock being down 22% from the highs set earlier this month.\nAMC has beendiligent about raising capitalamid the surging stock price - just as the company should.\nGiven that AMC was hit so hard during the pandemic, raising so much capital allows the company to, in the words of CEO Adam Aron, go fromplaying defense to playing offense.\nThe rally in AMC has helpedelevate other stocks too, including BlackBerry (BB) -Get Report, Clover (CLOV) -Get Report, Beyond Meat (BYND) -Get Report and others. Interestingly, GameStop (GME) -Get Report has not played as big of a role as the last short-squeeze bonanza earlier in the year.\nAfter the recent run though, investors are wondering if AMC’s time in the sun is done.\nDaily chart of AMC stock. Chart courtesy of TrendSpider.com\nIn early June, AMC stock exploded higher and topped out at $72.62.\nIn the next session, shares tried to take out the high but couldn’t. In fact, AMC stock posted an incredibly wide range of more than $30 that day, failing to take out the prior day’s high or its low. Neither have been taken out since.\nInstead, shares continue to grind higher, using the 10-day moving average as a support level. However, the advances above $60 continue to act as resistance.\nTrading an asset this volatile is not easy, but I wouldn’t say the run is necessarily over.\nFirst and foremost, I want to see the 10-day moving average and $52.75 area continue to act as support. As long as that’s the case, the stock can continue to consolidate and build for a potentially larger rally.\nA close below $52.75 opens up $50 and a potential test of the 21-day moving average. Below the latter and we could see further selling pressure down to the $35 to $40 area.\nOn the upside, let’s see how AMC continues to handle any moves north of $60. The $62.50 to $65 area has clearly been resistance, but a move above that zone (and even better, a close above this area) puts $70 to $75 in play.\nThat’s where the stock previously topped out and would put AMC between two key extensions from the previous range.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129026477,"gmtCreate":1624346087899,"gmtModify":1631891404796,"author":{"id":"3577084365996051","authorId":"3577084365996051","name":"xdpd","avatar":"https://static.tigerbbs.com/e3f9e47bae081942af02d5a4d97a3017","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577084365996051","authorIdStr":"3577084365996051"},"themes":[],"htmlText":"Hiiii","listText":"Hiiii","text":"Hiiii","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129026477","repostId":"1112997031","repostType":4,"repost":{"id":"1112997031","kind":"news","pubTimestamp":1624344868,"share":"https://www.laohu8.com/m/news/1112997031?lang=zh_CN&edition=full","pubTime":"2021-06-22 14:54","market":"sh","language":"en","title":"What Investors Can Learn From the History of Inflation<blockquote>投资者可以从通胀历史中学到什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112997031","media":"WSJ","summary":"Inflation is on the rise, hitting some of the highest levels seen since the early 1980s. Back then, ","content":"<p>Inflation is on the rise, hitting some of the highest levels seen since the early 1980s. Back then, the Federal Reserve’s Paul Volcker killed off rampant price rises, hitting the economy hard initially, but ushering in decades of repeated rallies in stocks and bonds.</p><p><blockquote>通货膨胀正在上升，达到20世纪80年代初以来的最高水平。当时，美联储的保罗·沃尔克扼杀了物价的疯狂上涨，最初对经济造成了沉重打击，但却迎来了股票和债券数十年的反复上涨。</blockquote></p><p> If today’s post Covid-19 pandemic inflation proves sticky, will it be like the years before Volcker, or could it be more like the happier growth that followed World War II? These periods hold lessons about how financial markets might perform.</p><p><blockquote>如果今天的后Covid-19大流行通胀被证明是粘性的，它会像沃尔克之前的几年一样，还是更像二战后更快乐的增长？这些时期为金融市场的表现提供了教训。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/177e181236d406cfb6867135e123e647\" tg-width=\"822\" tg-height=\"755\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> After World War II, stocks did well despite bouts of inflation. But that only lasted until the mid-1960s. Returns for stocks and Treasurys then struggled until after the 1970s inflation was crushed.</p><p><blockquote>第二次世界大战后，尽管经历了一轮又一轮的通货膨胀，股市仍表现良好。但这只持续到20世纪60年代中期。股票和国债的回报一直举步维艰，直到20世纪70年代通胀被压垮。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/45f556cbd944781f6e9f8861fd1307ed\" tg-width=\"829\" tg-height=\"762\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> One reason why stocks did well in the 1950s was that money flowed into the market as pension funds and other institutions bought equities for the first time, according to Ian Harnett, chief investment strategist at Absolute Strategy Research. That helped push down the so-called equity-risk premium, which measures the extra returns stock investors demand over government bonds for the risk of losing their money.</p><p><blockquote>Absolute Strategy Research首席投资策略师伊恩·哈尼特(Ian Harnett)表示，20世纪50年代股市表现良好的原因之一是，随着养老基金和其他机构首次购买股票，资金流入市场。这有助于压低所谓的股票风险溢价，该溢价衡量的是股票投资者因损失资金的风险而要求的相对于政府债券的额外回报。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d1fa93e07ae8e10df683b24487fe7102\" tg-width=\"819\" tg-height=\"759\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> In the 1970s, the risk premium rose again and stocks underperformed when inflation took hold. The clues to why this happened are elsewhere in the economic backdrop.</p><p><blockquote>20世纪70年代，风险溢价再次上升，当通货膨胀发生时，股票表现不佳。为什么会发生这种情况的线索在经济背景的其他地方。</blockquote></p><p> After the war, there were bouts of inflation, but the real economy grew strongly enough to keep up with price rises<b>.</b>Resources used for the war effort were put back into peacetime production. Then from the mid-1960s, a gap between real growth and the influence of inflation opened up.</p><p><blockquote>战后出现了几轮通货膨胀，但实体经济增长强劲，足以跟上物价上涨的步伐<b>.</b>用于战争的资源被重新投入到和平时期的生产中。然后从20世纪60年代中期开始，实际增长和通货膨胀的影响之间出现了差距。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/13efc1b5bab65fd78a4b1b3cfab31a20\" tg-width=\"815\" tg-height=\"759\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Richard Sylla, professor emeritus of economics at NYU Stern, who wrote a history of interest rates, characterizes the postwar inflation as prices catching up with reality after wartime price controls were lifted.</p><p><blockquote>纽约大学斯特恩分校经济学名誉教授理查德·西拉（Richard Sylla）撰写了《利率史》，他将战后通胀描述为战时价格管制解除后价格赶上现实。</blockquote></p><p> Things changed in the 1960s. Heavy government spending on the Vietnam War and President Lyndon Johnson’s Great Society programs met low interest rates. Money supply grew strongly and what Mr. Sylla calls the Great Inflation began.</p><p><blockquote>20世纪60年代情况发生了变化。政府在越南战争上的巨额支出和林登·约翰逊总统的伟大社会计划导致了低利率。货币供应强劲增长，西拉·评级先生的大通货膨胀开始了。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/049f33fc222d7260e35aee86c0a1f43c\" tg-width=\"819\" tg-height=\"756\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The economy overheated. First, the output gap, which measures the economy’s capacity to produce enough stuff in relation to the demand to consume it, went negative as demand outstripped supply.</p><p><blockquote>经济过热。首先，产出缺口（衡量经济生产足够商品相对于消费需求的能力）随着需求超过供应而变为负值。</blockquote></p><p> Then, in the late 1960s excess demand turned into a long trend toward increasing oversupply. As inflation rose, the labor force grew and people demanded higher wages.</p><p><blockquote>然后，在20世纪60年代末，过剩的需求变成了供过于求的长期趋势。随着通货膨胀的上升，劳动力增长，人们要求更高的工资。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e2efcdabd4bc53c9c4d15af67b30ec4b\" tg-width=\"823\" tg-height=\"753\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> At the same time, the Federal Reserve became more influenced by politics: Arthur Burns chair of the Federal Reserve worked closely with Richard Nixon to help get him re-elected, Mr. Sylla said.</p><p><blockquote>与此同时，美联储变得更受政治影响：Sylla先生说，美联储主席Arthur Burns与Richard Nixon密切合作，帮助他连任。</blockquote></p><p> The dollar’s value became volatile after President Nixon suspended the dollar’s convertibility into gold in 1971. This sounded the death knell for the Bretton Woods agreement, which had tied international currencies to each other.</p><p><blockquote>1971年尼克松总统暂停美元兑换黄金后，美元的价值变得不稳定。这为布雷顿森林协议敲响了丧钟，该协议将国际货币相互挂钩。</blockquote></p><p> A more volatile dollar fed into higher import prices, which made inflation more volatile and uncertain. Uncertainty is bad for investors and that is one reason why the equity risk premium rose again—and stock market returns suffered.</p><p><blockquote>美元波动加剧导致进口价格上涨，从而使通胀更加波动和不确定。不确定性对投资者不利，这也是股票风险溢价再次上升以及股市回报受到影响的原因之一。</blockquote></p><p> Then came the first oil-price shock, when many Arab countries blocked exports to the U.S. in protest at America’s backing of Israel.</p><p><blockquote>然后是第一次油价冲击，当时许多阿拉伯国家阻止了对美国的出口，以抗议美国对以色列的支持。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e24170234a713529c1e8dafe7f75b6d0\" tg-width=\"828\" tg-height=\"762\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Where are we today? We have a low equity risk premium, leaving stocks without much of a cushion against uncertainty.</p><p><blockquote>我们今天在哪里？我们的股票风险溢价较低，使得股票没有太多的不确定性缓冲。</blockquote></p><p> The government is determined to stimulate the economy and cut unemployment. But unlike the mid-1960s,the output gap hasn’t yet been closed. The Fed’s role is key. It has promised to let the economy run hot in its quest to hit full employment.</p><p><blockquote>政府决心刺激经济，降低失业率。但与20世纪60年代中期不同的是，产出缺口尚未缩小。美联储的作用是关键。它承诺让经济过热，以实现充分就业。</blockquote></p><p> Overheating seems an uncertain prospect, especially if the recent rapid growth in the money supply quickly corrects to a much lower level as it did after the war.</p><p><blockquote>过热似乎是一个不确定的前景，特别是如果最近货币供应的快速增长迅速修正到战后低得多的水平。</blockquote></p><p> One place investors have turned in the past are precious metals like gold. In the 1970s, the yellow metal provided very strong inflation adjusted returns. It was a non-factor in the postwar period, when gold trading was banned.</p><p><blockquote>投资者过去转向的一个领域是黄金等贵金属。在20世纪70年代，这种黄色金属提供了非常强劲的通胀调整后回报。在战后时期，当黄金交易被禁止时，这不是一个因素。</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/9bfebaee0355d857a22ed1b414ab12ad\" tg-width=\"827\" tg-height=\"758\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Within the stock market, companies in cyclical industries, things like chemicals or mining companies, or airlines, performed better during the late 1970s and early 1980s than those in defensive industries, such as utilities or consumer staples like soap, food and tobacco.&nbsp;Since then, cyclical stocks have underperformed, if technology companies are excluded. Avoiding technology companies, or at least those that rely on low interest rates to make their promised future earnings look more valuable today, might be the key.</p><p><blockquote>在股票市场中，周期性行业的公司，如化工、矿业公司或航空公司，在20世纪70年代末和80年代初的表现优于防御性行业的公司，如公用事业或肥皂、食品和烟草等消费品。自那以后，如果将科技公司排除在外，周期性股票就表现不佳。避开科技公司，或者至少是那些依靠低利率使其承诺的未来收益在今天看起来更有价值的公司，可能是关键。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/61cde91b59c249f4d9f22c6f068f17b2\" tg-width=\"820\" tg-height=\"751\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Investors Can Learn From the History of Inflation<blockquote>投资者可以从通胀历史中学到什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Investors Can Learn From the History of Inflation<blockquote>投资者可以从通胀历史中学到什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">WSJ</strong><span class=\"h-time small\">2021-06-22 14:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Inflation is on the rise, hitting some of the highest levels seen since the early 1980s. Back then, the Federal Reserve’s Paul Volcker killed off rampant price rises, hitting the economy hard initially, but ushering in decades of repeated rallies in stocks and bonds.</p><p><blockquote>通货膨胀正在上升，达到20世纪80年代初以来的最高水平。当时，美联储的保罗·沃尔克扼杀了物价的疯狂上涨，最初对经济造成了沉重打击，但却迎来了股票和债券数十年的反复上涨。</blockquote></p><p> If today’s post Covid-19 pandemic inflation proves sticky, will it be like the years before Volcker, or could it be more like the happier growth that followed World War II? These periods hold lessons about how financial markets might perform.</p><p><blockquote>如果今天的后Covid-19大流行通胀被证明是粘性的，它会像沃尔克之前的几年一样，还是更像二战后更快乐的增长？这些时期为金融市场的表现提供了教训。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/177e181236d406cfb6867135e123e647\" tg-width=\"822\" tg-height=\"755\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> After World War II, stocks did well despite bouts of inflation. But that only lasted until the mid-1960s. Returns for stocks and Treasurys then struggled until after the 1970s inflation was crushed.</p><p><blockquote>第二次世界大战后，尽管经历了一轮又一轮的通货膨胀，股市仍表现良好。但这只持续到20世纪60年代中期。股票和国债的回报一直举步维艰，直到20世纪70年代通胀被压垮。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/45f556cbd944781f6e9f8861fd1307ed\" tg-width=\"829\" tg-height=\"762\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> One reason why stocks did well in the 1950s was that money flowed into the market as pension funds and other institutions bought equities for the first time, according to Ian Harnett, chief investment strategist at Absolute Strategy Research. That helped push down the so-called equity-risk premium, which measures the extra returns stock investors demand over government bonds for the risk of losing their money.</p><p><blockquote>Absolute Strategy Research首席投资策略师伊恩·哈尼特(Ian Harnett)表示，20世纪50年代股市表现良好的原因之一是，随着养老基金和其他机构首次购买股票，资金流入市场。这有助于压低所谓的股票风险溢价，该溢价衡量的是股票投资者因损失资金的风险而要求的相对于政府债券的额外回报。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d1fa93e07ae8e10df683b24487fe7102\" tg-width=\"819\" tg-height=\"759\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> In the 1970s, the risk premium rose again and stocks underperformed when inflation took hold. The clues to why this happened are elsewhere in the economic backdrop.</p><p><blockquote>20世纪70年代，风险溢价再次上升，当通货膨胀发生时，股票表现不佳。为什么会发生这种情况的线索在经济背景的其他地方。</blockquote></p><p> After the war, there were bouts of inflation, but the real economy grew strongly enough to keep up with price rises<b>.</b>Resources used for the war effort were put back into peacetime production. Then from the mid-1960s, a gap between real growth and the influence of inflation opened up.</p><p><blockquote>战后出现了几轮通货膨胀，但实体经济增长强劲，足以跟上物价上涨的步伐<b>.</b>用于战争的资源被重新投入到和平时期的生产中。然后从20世纪60年代中期开始，实际增长和通货膨胀的影响之间出现了差距。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/13efc1b5bab65fd78a4b1b3cfab31a20\" tg-width=\"815\" tg-height=\"759\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Richard Sylla, professor emeritus of economics at NYU Stern, who wrote a history of interest rates, characterizes the postwar inflation as prices catching up with reality after wartime price controls were lifted.</p><p><blockquote>纽约大学斯特恩分校经济学名誉教授理查德·西拉（Richard Sylla）撰写了《利率史》，他将战后通胀描述为战时价格管制解除后价格赶上现实。</blockquote></p><p> Things changed in the 1960s. Heavy government spending on the Vietnam War and President Lyndon Johnson’s Great Society programs met low interest rates. Money supply grew strongly and what Mr. Sylla calls the Great Inflation began.</p><p><blockquote>20世纪60年代情况发生了变化。政府在越南战争上的巨额支出和林登·约翰逊总统的伟大社会计划导致了低利率。货币供应强劲增长，西拉·评级先生的大通货膨胀开始了。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/049f33fc222d7260e35aee86c0a1f43c\" tg-width=\"819\" tg-height=\"756\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The economy overheated. First, the output gap, which measures the economy’s capacity to produce enough stuff in relation to the demand to consume it, went negative as demand outstripped supply.</p><p><blockquote>经济过热。首先，产出缺口（衡量经济生产足够商品相对于消费需求的能力）随着需求超过供应而变为负值。</blockquote></p><p> Then, in the late 1960s excess demand turned into a long trend toward increasing oversupply. As inflation rose, the labor force grew and people demanded higher wages.</p><p><blockquote>然后，在20世纪60年代末，过剩的需求变成了供过于求的长期趋势。随着通货膨胀的上升，劳动力增长，人们要求更高的工资。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e2efcdabd4bc53c9c4d15af67b30ec4b\" tg-width=\"823\" tg-height=\"753\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> At the same time, the Federal Reserve became more influenced by politics: Arthur Burns chair of the Federal Reserve worked closely with Richard Nixon to help get him re-elected, Mr. Sylla said.</p><p><blockquote>与此同时，美联储变得更受政治影响：Sylla先生说，美联储主席Arthur Burns与Richard Nixon密切合作，帮助他连任。</blockquote></p><p> The dollar’s value became volatile after President Nixon suspended the dollar’s convertibility into gold in 1971. This sounded the death knell for the Bretton Woods agreement, which had tied international currencies to each other.</p><p><blockquote>1971年尼克松总统暂停美元兑换黄金后，美元的价值变得不稳定。这为布雷顿森林协议敲响了丧钟，该协议将国际货币相互挂钩。</blockquote></p><p> A more volatile dollar fed into higher import prices, which made inflation more volatile and uncertain. Uncertainty is bad for investors and that is one reason why the equity risk premium rose again—and stock market returns suffered.</p><p><blockquote>美元波动加剧导致进口价格上涨，从而使通胀更加波动和不确定。不确定性对投资者不利，这也是股票风险溢价再次上升以及股市回报受到影响的原因之一。</blockquote></p><p> Then came the first oil-price shock, when many Arab countries blocked exports to the U.S. in protest at America’s backing of Israel.</p><p><blockquote>然后是第一次油价冲击，当时许多阿拉伯国家阻止了对美国的出口，以抗议美国对以色列的支持。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e24170234a713529c1e8dafe7f75b6d0\" tg-width=\"828\" tg-height=\"762\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Where are we today? We have a low equity risk premium, leaving stocks without much of a cushion against uncertainty.</p><p><blockquote>我们今天在哪里？我们的股票风险溢价较低，使得股票没有太多的不确定性缓冲。</blockquote></p><p> The government is determined to stimulate the economy and cut unemployment. But unlike the mid-1960s,the output gap hasn’t yet been closed. The Fed’s role is key. It has promised to let the economy run hot in its quest to hit full employment.</p><p><blockquote>政府决心刺激经济，降低失业率。但与20世纪60年代中期不同的是，产出缺口尚未缩小。美联储的作用是关键。它承诺让经济过热，以实现充分就业。</blockquote></p><p> Overheating seems an uncertain prospect, especially if the recent rapid growth in the money supply quickly corrects to a much lower level as it did after the war.</p><p><blockquote>过热似乎是一个不确定的前景，特别是如果最近货币供应的快速增长迅速修正到战后低得多的水平。</blockquote></p><p> One place investors have turned in the past are precious metals like gold. In the 1970s, the yellow metal provided very strong inflation adjusted returns. It was a non-factor in the postwar period, when gold trading was banned.</p><p><blockquote>投资者过去转向的一个领域是黄金等贵金属。在20世纪70年代，这种黄色金属提供了非常强劲的通胀调整后回报。在战后时期，当黄金交易被禁止时，这不是一个因素。</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/9bfebaee0355d857a22ed1b414ab12ad\" tg-width=\"827\" tg-height=\"758\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Within the stock market, companies in cyclical industries, things like chemicals or mining companies, or airlines, performed better during the late 1970s and early 1980s than those in defensive industries, such as utilities or consumer staples like soap, food and tobacco.&nbsp;Since then, cyclical stocks have underperformed, if technology companies are excluded. Avoiding technology companies, or at least those that rely on low interest rates to make their promised future earnings look more valuable today, might be the key.</p><p><blockquote>在股票市场中，周期性行业的公司，如化工、矿业公司或航空公司，在20世纪70年代末和80年代初的表现优于防御性行业的公司，如公用事业或肥皂、食品和烟草等消费品。自那以后，如果将科技公司排除在外，周期性股票就表现不佳。避开科技公司，或者至少是那些依靠低利率使其承诺的未来收益在今天看起来更有价值的公司，可能是关键。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/61cde91b59c249f4d9f22c6f068f17b2\" tg-width=\"820\" tg-height=\"751\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/what-investors-can-learn-from-the-history-of-inflation-11624263340?mod=markets_lead_pos5\">WSJ</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",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/what-investors-can-learn-from-the-history-of-inflation-11624263340?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112997031","content_text":"Inflation is on the rise, hitting some of the highest levels seen since the early 1980s. Back then, the Federal Reserve’s Paul Volcker killed off rampant price rises, hitting the economy hard initially, but ushering in decades of repeated rallies in stocks and bonds.\nIf today’s post Covid-19 pandemic inflation proves sticky, will it be like the years before Volcker, or could it be more like the happier growth that followed World War II? These periods hold lessons about how financial markets might perform.\n\nAfter World War II, stocks did well despite bouts of inflation. But that only lasted until the mid-1960s. Returns for stocks and Treasurys then struggled until after the 1970s inflation was crushed.\n\nOne reason why stocks did well in the 1950s was that money flowed into the market as pension funds and other institutions bought equities for the first time, according to Ian Harnett, chief investment strategist at Absolute Strategy Research. That helped push down the so-called equity-risk premium, which measures the extra returns stock investors demand over government bonds for the risk of losing their money.\n\nIn the 1970s, the risk premium rose again and stocks underperformed when inflation took hold. The clues to why this happened are elsewhere in the economic backdrop.\nAfter the war, there were bouts of inflation, but the real economy grew strongly enough to keep up with price rises.Resources used for the war effort were put back into peacetime production. Then from the mid-1960s, a gap between real growth and the influence of inflation opened up.\n\nRichard Sylla, professor emeritus of economics at NYU Stern, who wrote a history of interest rates, characterizes the postwar inflation as prices catching up with reality after wartime price controls were lifted.\nThings changed in the 1960s. Heavy government spending on the Vietnam War and President Lyndon Johnson’s Great Society programs met low interest rates. Money supply grew strongly and what Mr. Sylla calls the Great Inflation began.\n\nThe economy overheated. First, the output gap, which measures the economy’s capacity to produce enough stuff in relation to the demand to consume it, went negative as demand outstripped supply.\nThen, in the late 1960s excess demand turned into a long trend toward increasing oversupply. As inflation rose, the labor force grew and people demanded higher wages.\n\nAt the same time, the Federal Reserve became more influenced by politics: Arthur Burns chair of the Federal Reserve worked closely with Richard Nixon to help get him re-elected, Mr. Sylla said.\nThe dollar’s value became volatile after President Nixon suspended the dollar’s convertibility into gold in 1971. This sounded the death knell for the Bretton Woods agreement, which had tied international currencies to each other.\nA more volatile dollar fed into higher import prices, which made inflation more volatile and uncertain. Uncertainty is bad for investors and that is one reason why the equity risk premium rose again—and stock market returns suffered.\nThen came the first oil-price shock, when many Arab countries blocked exports to the U.S. in protest at America’s backing of Israel.\n\nWhere are we today? We have a low equity risk premium, leaving stocks without much of a cushion against uncertainty.\nThe government is determined to stimulate the economy and cut unemployment. But unlike the mid-1960s,the output gap hasn’t yet been closed. The Fed’s role is key. It has promised to let the economy run hot in its quest to hit full employment.\nOverheating seems an uncertain prospect, especially if the recent rapid growth in the money supply quickly corrects to a much lower level as it did after the war.\nOne place investors have turned in the past are precious metals like gold. In the 1970s, the yellow metal provided very strong inflation adjusted returns. It was a non-factor in the postwar period, when gold trading was banned.\n\nWithin the stock market, companies in cyclical industries, things like chemicals or mining companies, or airlines, performed better during the late 1970s and early 1980s than those in defensive industries, such as utilities or consumer staples like soap, food and tobacco. Since then, cyclical stocks have underperformed, if technology companies are excluded. Avoiding technology companies, or at least those that rely on low interest rates to make their promised future earnings look more valuable today, might be the key.","news_type":1,"symbols_score_info":{"SPY":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129026399,"gmtCreate":1624346046411,"gmtModify":1631891404806,"author":{"id":"3577084365996051","authorId":"3577084365996051","name":"xdpd","avatar":"https://static.tigerbbs.com/e3f9e47bae081942af02d5a4d97a3017","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577084365996051","authorIdStr":"3577084365996051"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129026399","repostId":"1177499959","repostType":4,"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129028450,"gmtCreate":1624346005670,"gmtModify":1631891404820,"author":{"id":"3577084365996051","authorId":"3577084365996051","name":"xdpd","avatar":"https://static.tigerbbs.com/e3f9e47bae081942af02d5a4d97a3017","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577084365996051","authorIdStr":"3577084365996051"},"themes":[],"htmlText":"Kars was suspended for so long he eventually stopped thinking&nbsp;","listText":"Kars was suspended for so long he eventually stopped thinking&nbsp;","text":"Kars was suspended for so long he eventually stopped thinking","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129028450","repostId":"1186855284","repostType":4,"repost":{"id":"1186855284","kind":"news","pubTimestamp":1624345153,"share":"https://www.laohu8.com/m/news/1186855284?lang=zh_CN&edition=full","pubTime":"2021-06-22 14:59","market":"us","language":"en","title":"If You Thought These 2 Big Nasdaq Winners Were Done, Think Again<blockquote>如果您认为这两位纳斯达克大赢家已经结束，请再想一想</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1186855284","media":"Motley Fool","summary":"On a strong day for the Nasdaq, two highfliers stood out.\n\nVolatility has returned to the stock mark","content":"<p>  On a strong day for the Nasdaq, two highfliers stood out.  Volatility has returned to the stock market, but finally, the<b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC)is starting to make waves once again. The tech-heavy index is making a run toward all-time highs, trading within 1% of its high-water mark on Monday afternoon. As of just before 2 p.m. EDT today,the Nasdaq&nbsp; was higher by three-quarters of a percent.</p><p><blockquote>在纳斯达克表现强劲的一天，两名雄心勃勃的人脱颖而出。股市再次出现波动，但最终，<b>纳斯达克复合材料</b>（纳斯达克指数：^IXIC）再次开始掀起波澜。以科技股为主的指数正在逼近历史高点，距离周一下午的高水位不到1%。截至美国东部时间今天下午2点前，纳斯达克上涨了四分之三。</blockquote></p><p> It wasn't that long ago that investors figured that stocks of COVID-19 vaccine manufacturers had already seen their best days. Companies like<b>Moderna</b>(NASDAQ:MRNA)and<b>BioNTech</b>(NASDAQ:BNTX)had seen their share prices start to give up ground as many believed that a vaccinated world would eventually cause revenue and profits to dry up for the vaccine makers. Now, though, it's becoming increasingly clear that the two companies could well have a much brighter future than many had thought.</p><p><blockquote>不久前，投资者还认为COVID-19疫苗制造商的股票已经迎来了最好的日子。公司喜欢<b>现代</b>（纳斯达克：MRNA）和<b>BioNTech</b>（纳斯达克：BNTX）的股价开始下跌，因为许多人认为接种疫苗的世界最终会导致疫苗制造商的收入和利润枯竭。然而现在，越来越清楚的是，这两家公司的未来很可能比许多人想象的要光明得多。</blockquote></p><p> <b>More moves for Moderna and BioNTech</b></p><p><blockquote><b>Moderna和BioNTech的更多举措</b></blockquote></p><p> Shares of the vaccine manufacturers were among the leaders on the Nasdaq today. Moderna's gains amounted to more than 5%, while BioNTech boasted gains of 6% or more on the day.</p><p><blockquote>这些疫苗制造商的股票今天在纳斯达克上名列前茅。Moderna的涨幅超过5%，而BioNTech当天的涨幅为6%或更多。</blockquote></p><p> The general sentiment toward BioNTech and Moderna has been positive because ofjust how effective their vaccines have been. Last month, the U.S. Centers for Disease Control and Prevention released the latest figures on efficacy for the messenger-RNA-based vaccines from the two companies. Data from real-life use showed a reduction in infection risks of 91%. Those who got infected had a 60% lower risk of showing symptoms, and they spent on average six days fewer being sick and two days fewer stuck in bed recovering.</p><p><blockquote>人们对BioNTech和Moderna的普遍看法是积极的，因为他们的疫苗非常有效。上个月，美国疾病控制与预防中心发布了两家公司基于信使RNA的疫苗功效的最新数据。来自实际使用的数据显示，感染风险降低了91%。那些被感染的人出现症状的风险降低了60%，他们生病的时间平均减少了六天，卧床康复的时间也减少了两天。</blockquote></p><p> In addition, the companies have benefited from sustained demand for COVID vaccines from countries around the world. On Monday,BioNTech said that it had received provision approvalof its vaccine from regulators in New Zealand. Over the weekend, the government of the Philippines announced a 40-million-dose agreement with BioNTech and<b>Pfizer</b>(NYSE:PFE)for more vaccine doses as well.</p><p><blockquote>此外，这些公司还受益于世界各国对新冠疫苗的持续需求。周一，BioNTech表示，其疫苗已获得新西兰监管机构的供应批准。上周末，菲律宾政府宣布与BioNTech和<b>辉瑞</b>（纽约证券交易所股票代码：PFE）也需要更多的疫苗剂量。</blockquote></p><p> More broadly, some health officials have started talking about the potential need for vaccine booster shots. It's uncertain at this point whether and how quickly antibody levels from initial vaccinations decline, and so it's entirely possible that even those who've already received vaccinations could need additional doses in the future. From a business standpoint, that would create even further demand for Moderna and BioNTech that could dramatically lengthen the expected flow of revenue stemming from COVID vaccines.</p><p><blockquote>更广泛地说，一些卫生官员已经开始谈论疫苗加强注射的潜在需求。目前还不确定初始疫苗接种后的抗体水平是否会下降以及下降的速度有多快，因此即使是那些已经接种疫苗的人也完全有可能在未来需要额外的剂量。从商业角度来看，这将为Moderna和BioNTech创造进一步的需求，从而大大延长新冠疫苗的预期收入流。</blockquote></p><p> <b>Will existing vaccines be enough?</b></p><p><blockquote><b>现有的疫苗足够吗？</b></blockquote></p><p> The biggest threat on the COVID front comes from the potential for the virus to mutate into more-dangerous variants. Already, theDelta varianthas proved to be more easily transmitted among infected patients and with more-severe health impacts. Future variants could prove even more problematic, and there's no guarantee that existing vaccines will provide protection against them all.</p><p><blockquote>COVID方面最大的威胁来自病毒变异成更危险变种的可能性。Delta变体已经被证明更容易在受感染的患者中传播，并对健康产生更严重的影响。未来的变种可能会带来更大的问题，而且不能保证现有的疫苗能够提供针对所有这些变种的保护。</blockquote></p><p> For the most part, both Moderna's and BioNTech's stock prices seem to reflect little expectation of success beyond the current COVID vaccine products. Yet if anything, COVID has proved that the broader-based investing thesis behind mRNA-based treatment development is sound. Both companies have plans for vaccines and other treatments for a wider variety of different medical conditions, and success anywhere on that front could provide the positive surprise investors need to gain confidence in the long-term futures of these stocks.</p><p><blockquote>在很大程度上，Moderna和BioNTech的股价似乎都反映出除了当前的新冠疫苗产品之外，人们对成功的期望很小。然而，如果说有什么不同的话，那就是COVID已经证明了基于mRNA的治疗开发背后更广泛的投资论点是合理的。两家公司都制定了针对各种不同医疗状况的疫苗和其他治疗方法的计划，这方面的任何成功都可能给投资者带来积极的惊喜，让他们对这些股票的长期未来充满信心。</blockquote></p><p> If you made the mistake of thinking that COVID vaccine stocks would be done once much of the U.S. population had been vaccinated, you aren't alone. But you might be surprised at how much staying power BioNTech and Moderna could have -- especially if a few things end up working out in their favor.</p><p><blockquote>如果你错误地认为一旦美国大部分人口接种了疫苗，COVID疫苗库存就会耗尽，那么你并不孤单。但你可能会对BioNTech和Moderna的持久力感到惊讶——特别是如果一些事情最终对他们有利的话。</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>If You Thought These 2 Big Nasdaq Winners Were Done, Think Again<blockquote>如果您认为这两位纳斯达克大赢家已经结束，请再想一想</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\">\nIf You Thought These 2 Big Nasdaq Winners Were Done, Think Again<blockquote>如果您认为这两位纳斯达克大赢家已经结束，请再想一想</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-06-22 14:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  On a strong day for the Nasdaq, two highfliers stood out.  Volatility has returned to the stock market, but finally, the<b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC)is starting to make waves once again. The tech-heavy index is making a run toward all-time highs, trading within 1% of its high-water mark on Monday afternoon. As of just before 2 p.m. EDT today,the Nasdaq&nbsp; was higher by three-quarters of a percent.</p><p><blockquote>在纳斯达克表现强劲的一天，两名雄心勃勃的人脱颖而出。股市再次出现波动，但最终，<b>纳斯达克复合材料</b>（纳斯达克指数：^IXIC）再次开始掀起波澜。以科技股为主的指数正在逼近历史高点，距离周一下午的高水位不到1%。截至美国东部时间今天下午2点前，纳斯达克上涨了四分之三。</blockquote></p><p> It wasn't that long ago that investors figured that stocks of COVID-19 vaccine manufacturers had already seen their best days. Companies like<b>Moderna</b>(NASDAQ:MRNA)and<b>BioNTech</b>(NASDAQ:BNTX)had seen their share prices start to give up ground as many believed that a vaccinated world would eventually cause revenue and profits to dry up for the vaccine makers. Now, though, it's becoming increasingly clear that the two companies could well have a much brighter future than many had thought.</p><p><blockquote>不久前，投资者还认为COVID-19疫苗制造商的股票已经迎来了最好的日子。公司喜欢<b>现代</b>（纳斯达克：MRNA）和<b>BioNTech</b>（纳斯达克：BNTX）的股价开始下跌，因为许多人认为接种疫苗的世界最终会导致疫苗制造商的收入和利润枯竭。然而现在，越来越清楚的是，这两家公司的未来很可能比许多人想象的要光明得多。</blockquote></p><p> <b>More moves for Moderna and BioNTech</b></p><p><blockquote><b>Moderna和BioNTech的更多举措</b></blockquote></p><p> Shares of the vaccine manufacturers were among the leaders on the Nasdaq today. Moderna's gains amounted to more than 5%, while BioNTech boasted gains of 6% or more on the day.</p><p><blockquote>这些疫苗制造商的股票今天在纳斯达克上名列前茅。Moderna的涨幅超过5%，而BioNTech当天的涨幅为6%或更多。</blockquote></p><p> The general sentiment toward BioNTech and Moderna has been positive because ofjust how effective their vaccines have been. Last month, the U.S. Centers for Disease Control and Prevention released the latest figures on efficacy for the messenger-RNA-based vaccines from the two companies. Data from real-life use showed a reduction in infection risks of 91%. Those who got infected had a 60% lower risk of showing symptoms, and they spent on average six days fewer being sick and two days fewer stuck in bed recovering.</p><p><blockquote>人们对BioNTech和Moderna的普遍看法是积极的，因为他们的疫苗非常有效。上个月，美国疾病控制与预防中心发布了两家公司基于信使RNA的疫苗功效的最新数据。来自实际使用的数据显示，感染风险降低了91%。那些被感染的人出现症状的风险降低了60%，他们生病的时间平均减少了六天，卧床康复的时间也减少了两天。</blockquote></p><p> In addition, the companies have benefited from sustained demand for COVID vaccines from countries around the world. On Monday,BioNTech said that it had received provision approvalof its vaccine from regulators in New Zealand. Over the weekend, the government of the Philippines announced a 40-million-dose agreement with BioNTech and<b>Pfizer</b>(NYSE:PFE)for more vaccine doses as well.</p><p><blockquote>此外，这些公司还受益于世界各国对新冠疫苗的持续需求。周一，BioNTech表示，其疫苗已获得新西兰监管机构的供应批准。上周末，菲律宾政府宣布与BioNTech和<b>辉瑞</b>（纽约证券交易所股票代码：PFE）也需要更多的疫苗剂量。</blockquote></p><p> More broadly, some health officials have started talking about the potential need for vaccine booster shots. It's uncertain at this point whether and how quickly antibody levels from initial vaccinations decline, and so it's entirely possible that even those who've already received vaccinations could need additional doses in the future. From a business standpoint, that would create even further demand for Moderna and BioNTech that could dramatically lengthen the expected flow of revenue stemming from COVID vaccines.</p><p><blockquote>更广泛地说，一些卫生官员已经开始谈论疫苗加强注射的潜在需求。目前还不确定初始疫苗接种后的抗体水平是否会下降以及下降的速度有多快，因此即使是那些已经接种疫苗的人也完全有可能在未来需要额外的剂量。从商业角度来看，这将为Moderna和BioNTech创造进一步的需求，从而大大延长新冠疫苗的预期收入流。</blockquote></p><p> <b>Will existing vaccines be enough?</b></p><p><blockquote><b>现有的疫苗足够吗？</b></blockquote></p><p> The biggest threat on the COVID front comes from the potential for the virus to mutate into more-dangerous variants. Already, theDelta varianthas proved to be more easily transmitted among infected patients and with more-severe health impacts. Future variants could prove even more problematic, and there's no guarantee that existing vaccines will provide protection against them all.</p><p><blockquote>COVID方面最大的威胁来自病毒变异成更危险变种的可能性。Delta变体已经被证明更容易在受感染的患者中传播，并对健康产生更严重的影响。未来的变种可能会带来更大的问题，而且不能保证现有的疫苗能够提供针对所有这些变种的保护。</blockquote></p><p> For the most part, both Moderna's and BioNTech's stock prices seem to reflect little expectation of success beyond the current COVID vaccine products. Yet if anything, COVID has proved that the broader-based investing thesis behind mRNA-based treatment development is sound. Both companies have plans for vaccines and other treatments for a wider variety of different medical conditions, and success anywhere on that front could provide the positive surprise investors need to gain confidence in the long-term futures of these stocks.</p><p><blockquote>在很大程度上，Moderna和BioNTech的股价似乎都反映出除了当前的新冠疫苗产品之外，人们对成功的期望很小。然而，如果说有什么不同的话，那就是COVID已经证明了基于mRNA的治疗开发背后更广泛的投资论点是合理的。两家公司都制定了针对各种不同医疗状况的疫苗和其他治疗方法的计划，这方面的任何成功都可能给投资者带来积极的惊喜，让他们对这些股票的长期未来充满信心。</blockquote></p><p> If you made the mistake of thinking that COVID vaccine stocks would be done once much of the U.S. population had been vaccinated, you aren't alone. But you might be surprised at how much staying power BioNTech and Moderna could have -- especially if a few things end up working out in their favor.</p><p><blockquote>如果你错误地认为一旦美国大部分人口接种了疫苗，COVID疫苗库存就会耗尽，那么你并不孤单。但你可能会对BioNTech和Moderna的持久力感到惊讶——特别是如果一些事情最终对他们有利的话。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/06/21/if-you-thought-big-nasdaq-winners-done-think-again/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE","MRNA":"Moderna, Inc."},"source_url":"https://www.fool.com/investing/2021/06/21/if-you-thought-big-nasdaq-winners-done-think-again/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186855284","content_text":"On a strong day for the Nasdaq, two highfliers stood out.\n\nVolatility has returned to the stock market, but finally, theNasdaq Composite(NASDAQINDEX:^IXIC)is starting to make waves once again. The tech-heavy index is making a run toward all-time highs, trading within 1% of its high-water mark on Monday afternoon. As of just before 2 p.m. EDT today,the Nasdaq  was higher by three-quarters of a percent.\nIt wasn't that long ago that investors figured that stocks of COVID-19 vaccine manufacturers had already seen their best days. Companies likeModerna(NASDAQ:MRNA)andBioNTech(NASDAQ:BNTX)had seen their share prices start to give up ground as many believed that a vaccinated world would eventually cause revenue and profits to dry up for the vaccine makers. Now, though, it's becoming increasingly clear that the two companies could well have a much brighter future than many had thought.\nMore moves for Moderna and BioNTech\nShares of the vaccine manufacturers were among the leaders on the Nasdaq today. Moderna's gains amounted to more than 5%, while BioNTech boasted gains of 6% or more on the day.\nThe general sentiment toward BioNTech and Moderna has been positive because ofjust how effective their vaccines have been. Last month, the U.S. Centers for Disease Control and Prevention released the latest figures on efficacy for the messenger-RNA-based vaccines from the two companies. Data from real-life use showed a reduction in infection risks of 91%. Those who got infected had a 60% lower risk of showing symptoms, and they spent on average six days fewer being sick and two days fewer stuck in bed recovering.\nIn addition, the companies have benefited from sustained demand for COVID vaccines from countries around the world. On Monday,BioNTech said that it had received provision approvalof its vaccine from regulators in New Zealand. Over the weekend, the government of the Philippines announced a 40-million-dose agreement with BioNTech andPfizer(NYSE:PFE)for more vaccine doses as well.\nMore broadly, some health officials have started talking about the potential need for vaccine booster shots. It's uncertain at this point whether and how quickly antibody levels from initial vaccinations decline, and so it's entirely possible that even those who've already received vaccinations could need additional doses in the future. From a business standpoint, that would create even further demand for Moderna and BioNTech that could dramatically lengthen the expected flow of revenue stemming from COVID vaccines.\nWill existing vaccines be enough?\nThe biggest threat on the COVID front comes from the potential for the virus to mutate into more-dangerous variants. Already, theDelta varianthas proved to be more easily transmitted among infected patients and with more-severe health impacts. Future variants could prove even more problematic, and there's no guarantee that existing vaccines will provide protection against them all.\nFor the most part, both Moderna's and BioNTech's stock prices seem to reflect little expectation of success beyond the current COVID vaccine products. Yet if anything, COVID has proved that the broader-based investing thesis behind mRNA-based treatment development is sound. Both companies have plans for vaccines and other treatments for a wider variety of different medical conditions, and success anywhere on that front could provide the positive surprise investors need to gain confidence in the long-term futures of these stocks.\nIf you made the mistake of thinking that COVID vaccine stocks would be done once much of the U.S. population had been vaccinated, you aren't alone. But you might be surprised at how much staying power BioNTech and Moderna could have -- especially if a few things end up working out in their favor.","news_type":1,"symbols_score_info":{"MRNA":0.9,"BNTX":0.9}},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129021430,"gmtCreate":1624345965420,"gmtModify":1631891404837,"author":{"id":"3577084365996051","authorId":"3577084365996051","name":"xdpd","avatar":"https://static.tigerbbs.com/e3f9e47bae081942af02d5a4d97a3017","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577084365996051","authorIdStr":"3577084365996051"},"themes":[],"htmlText":"Mega off but doge coin will moon AWOOOOO","listText":"Mega off but doge coin will moon AWOOOOO","text":"Mega off but doge coin will moon AWOOOOO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129021430","repostId":"1161295709","repostType":4,"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129021208,"gmtCreate":1624345939004,"gmtModify":1631891404850,"author":{"id":"3577084365996051","authorId":"3577084365996051","name":"xdpd","avatar":"https://static.tigerbbs.com/e3f9e47bae081942af02d5a4d97a3017","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577084365996051","authorIdStr":"3577084365996051"},"themes":[],"htmlText":"Juicy","listText":"Juicy","text":"Juicy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/129021208","repostId":"1139414035","repostType":4,"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167463336,"gmtCreate":1624282577525,"gmtModify":1631891404866,"author":{"id":"3577084365996051","authorId":"3577084365996051","name":"xdpd","avatar":"https://static.tigerbbs.com/e3f9e47bae081942af02d5a4d97a3017","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577084365996051","authorIdStr":"3577084365996051"},"themes":[],"htmlText":"Much mooning","listText":"Much mooning","text":"Much mooning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167463336","repostId":"1159914875","repostType":4,"repost":{"id":"1159914875","kind":"news","pubTimestamp":1624281059,"share":"https://www.laohu8.com/m/news/1159914875?lang=zh_CN&edition=full","pubTime":"2021-06-21 21:10","market":"us","language":"en","title":"MicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond<blockquote>MicroStrategy利用首只加密垃圾债券的收益以37,617美元的价格购买了13,005只比特币</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1159914875","media":"zerohedge","summary":"Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (s","content":"<p>Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (subsequentlyupsized to $500 million) junk bonds (6.125% coupon due 2028; by comparison, the average junk bond yields just about 4%) for the sole purpose of buying bitcoin,<b>earlier today MSTR CEO Michael Saylor confirmed that the transaction had been consummated with the company buying 13,005 bitcoin at an average price of $37,617 for a total of $489 million.</b></p><p><blockquote>两周后，MicroStrategy宣布将出售第一批4亿美元（随后扩大至5亿美元）垃圾债券（2028年到期，票面利率为6.125%；相比之下，垃圾债券的平均收益率仅为4%左右），唯一目的是购买比特币，<b>今天早些时候，MSTR首席执行官Michael Saylor证实，交易已经完成，该公司以37,617美元的平均价格购买了13,005辆比特币，总价为4.89亿美元。</b></blockquote></p><p> The transaction has cemented MSTR's status as<b>the largest corporate hodler of bitcoin, with a total of 105,085 bitcoin acquired for $2.741 billion or an average price of $26,080.</b></p><p><blockquote>此次交易巩固了MSTR的地位<b>比特币最大的企业持有者，以27.41亿美元或平均价格26,080美元收购了总共105,085辆比特币。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/b5eb78c5328d726402152343ac151233\" tg-width=\"510\" tg-height=\"630\"></p><p><blockquote></blockquote></p><p> Putting these numbers in context, the amount purchased using junk bond proceeds was more than $100 million higher than the company’s entire operating cash flow since 2016, according to Bloomberg data; MicroStrategy also announced that it was taking a roughly $284.5 million charge during its next earnings report thanks to losses related to fluctuations in the price of the digital asset. That amounts to more than its cumulative earnings since 2011.</p><p><blockquote>根据彭博社的数据，将这些数字放在背景中，使用垃圾债券收益购买的金额比该公司自2016年以来的整个运营现金流高出1亿多美元；MicroStrategy还宣布，由于与数字资产价格波动相关的损失，它将在下一份收益报告中收取约2.845亿美元的费用。这超过了其自2011年以来的累计收益。</blockquote></p><p> Previously, MSTR already issued convertible bonds worth around $1 billion in its quest to scoop up more of the coins, though this was the first-ever corporate bond sale with proceeds earmarked for such purchases.</p><p><blockquote>此前，MSTR已经发行了价值约10亿美元的可转换债券，以寻求获得更多代币，尽管这是有史以来第一次将收益指定用于此类购买的公司债券销售。</blockquote></p><p> Naturally, news of the offering sparked both praise from the diamond hand crew, as well as scathing criticism from the crypto skeptics:</p><p><blockquote>当然，此次发行的消息既引发了diamond hand工作人员的赞扬，也引发了加密货币怀疑论者的严厉批评：</blockquote></p><p> “The $400 million in debt isn’t being used to fund an acquisition or growth. It’s being used to speculate on a volatile asset,” said Marc Lichtenfeld, chief income strategist at the Oxford Club. “Does MicroStrategy even have a business anymore or is it simply a proxy for Bitcoin -- with borrowed money?”</p><p><blockquote>牛津俱乐部首席收益策略师马克·利希滕菲尔德(Marc Lichtenfeld)表示：“4亿美元的债务并没有用于为收购或增长提供资金。它被用来投机波动性资产。”“MicroStrategy是否还有业务，或者它只是比特币的代理——用借来的钱？”</blockquote></p><p> The answer is obvious, and considering the move in the stock in the past year, it has been a great strategy... so far.</p><p><blockquote>答案是显而易见的，考虑到该股过去一年的走势，这是一个伟大的策略……到目前为止。</blockquote></p><p> News of the offering come in a day when the crypto space tumbled...</p><p><blockquote>此次发行的消息是在加密领域暴跌的一天发布的……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/56d960dbf024a8edf236e8b6dbbdf8f8\" tg-width=\"500\" tg-height=\"258\">... after the latest dose of FUD from China (how many times can Beijing credibly ban bitcoin before investors start asking if this is just a daily jawboning tactic to distract from the disastrous reception of the digital yuan).</p><p><blockquote>...在中国最新一剂FUD之后（在投资者开始质疑这是否只是一种日常的胡言乱语策略之前，中国政府能可信地禁止比特币多少次，以转移人们对数字人民币灾难性接受的注意力）。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2c5879516c43c0287caab5fc0cdd9642\" tg-width=\"512\" tg-height=\"210\"></p><p><blockquote></blockquote></p><p> Saylor has been one of leading advocates of converting company cash to Bitcoin, saying that the Federal Reserve’s relaxing of its inflation policy helped convince him to invest MicroStrategy’s reserves. The company’s disclosures around Bitcoin and its foray into the digital-assets space served as one of the catalysts to the coin’s red-hot rally in 2020 and early 2021, before it tumbled last month. The coin on Monday traded just over $32,000 down more than 50% from its mid-April record.</p><p><blockquote>塞勒一直是将公司现金转换为比特币的主要倡导者之一，他表示美联储放松通胀政策有助于说服他投资MicroStrategy的储备。该公司在比特币方面的披露以及对数字资产领域的进军是该币在2020年和2021年初火热上涨的催化剂之一，随后上个月暴跌。周一，该代币的交易价格略高于32,000美元，较4月中旬的纪录下跌了50%以上。</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>MicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond<blockquote>MicroStrategy利用首只加密垃圾债券的收益以37,617美元的价格购买了13,005只比特币</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; 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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: 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\">\nMicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond<blockquote>MicroStrategy利用首只加密垃圾债券的收益以37,617美元的价格购买了13,005只比特币</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-21 21:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (subsequentlyupsized to $500 million) junk bonds (6.125% coupon due 2028; by comparison, the average junk bond yields just about 4%) for the sole purpose of buying bitcoin,<b>earlier today MSTR CEO Michael Saylor confirmed that the transaction had been consummated with the company buying 13,005 bitcoin at an average price of $37,617 for a total of $489 million.</b></p><p><blockquote>两周后，MicroStrategy宣布将出售第一批4亿美元（随后扩大至5亿美元）垃圾债券（2028年到期，票面利率为6.125%；相比之下，垃圾债券的平均收益率仅为4%左右），唯一目的是购买比特币，<b>今天早些时候，MSTR首席执行官Michael Saylor证实，交易已经完成，该公司以37,617美元的平均价格购买了13,005辆比特币，总价为4.89亿美元。</b></blockquote></p><p> The transaction has cemented MSTR's status as<b>the largest corporate hodler of bitcoin, with a total of 105,085 bitcoin acquired for $2.741 billion or an average price of $26,080.</b></p><p><blockquote>此次交易巩固了MSTR的地位<b>比特币最大的企业持有者，以27.41亿美元或平均价格26,080美元收购了总共105,085辆比特币。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/b5eb78c5328d726402152343ac151233\" tg-width=\"510\" tg-height=\"630\"></p><p><blockquote></blockquote></p><p> Putting these numbers in context, the amount purchased using junk bond proceeds was more than $100 million higher than the company’s entire operating cash flow since 2016, according to Bloomberg data; MicroStrategy also announced that it was taking a roughly $284.5 million charge during its next earnings report thanks to losses related to fluctuations in the price of the digital asset. That amounts to more than its cumulative earnings since 2011.</p><p><blockquote>根据彭博社的数据，将这些数字放在背景中，使用垃圾债券收益购买的金额比该公司自2016年以来的整个运营现金流高出1亿多美元；MicroStrategy还宣布，由于与数字资产价格波动相关的损失，它将在下一份收益报告中收取约2.845亿美元的费用。这超过了其自2011年以来的累计收益。</blockquote></p><p> Previously, MSTR already issued convertible bonds worth around $1 billion in its quest to scoop up more of the coins, though this was the first-ever corporate bond sale with proceeds earmarked for such purchases.</p><p><blockquote>此前，MSTR已经发行了价值约10亿美元的可转换债券，以寻求获得更多代币，尽管这是有史以来第一次将收益指定用于此类购买的公司债券销售。</blockquote></p><p> Naturally, news of the offering sparked both praise from the diamond hand crew, as well as scathing criticism from the crypto skeptics:</p><p><blockquote>当然，此次发行的消息既引发了diamond hand工作人员的赞扬，也引发了加密货币怀疑论者的严厉批评：</blockquote></p><p> “The $400 million in debt isn’t being used to fund an acquisition or growth. It’s being used to speculate on a volatile asset,” said Marc Lichtenfeld, chief income strategist at the Oxford Club. “Does MicroStrategy even have a business anymore or is it simply a proxy for Bitcoin -- with borrowed money?”</p><p><blockquote>牛津俱乐部首席收益策略师马克·利希滕菲尔德(Marc Lichtenfeld)表示：“4亿美元的债务并没有用于为收购或增长提供资金。它被用来投机波动性资产。”“MicroStrategy是否还有业务，或者它只是比特币的代理——用借来的钱？”</blockquote></p><p> The answer is obvious, and considering the move in the stock in the past year, it has been a great strategy... so far.</p><p><blockquote>答案是显而易见的，考虑到该股过去一年的走势，这是一个伟大的策略……到目前为止。</blockquote></p><p> News of the offering come in a day when the crypto space tumbled...</p><p><blockquote>此次发行的消息是在加密领域暴跌的一天发布的……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/56d960dbf024a8edf236e8b6dbbdf8f8\" tg-width=\"500\" tg-height=\"258\">... after the latest dose of FUD from China (how many times can Beijing credibly ban bitcoin before investors start asking if this is just a daily jawboning tactic to distract from the disastrous reception of the digital yuan).</p><p><blockquote>...在中国最新一剂FUD之后（在投资者开始质疑这是否只是一种日常的胡言乱语策略之前，中国政府能可信地禁止比特币多少次，以转移人们对数字人民币灾难性接受的注意力）。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2c5879516c43c0287caab5fc0cdd9642\" tg-width=\"512\" tg-height=\"210\"></p><p><blockquote></blockquote></p><p> Saylor has been one of leading advocates of converting company cash to Bitcoin, saying that the Federal Reserve’s relaxing of its inflation policy helped convince him to invest MicroStrategy’s reserves. The company’s disclosures around Bitcoin and its foray into the digital-assets space served as one of the catalysts to the coin’s red-hot rally in 2020 and early 2021, before it tumbled last month. The coin on Monday traded just over $32,000 down more than 50% from its mid-April record.</p><p><blockquote>塞勒一直是将公司现金转换为比特币的主要倡导者之一，他表示美联储放松通胀政策有助于说服他投资MicroStrategy的储备。该公司在比特币方面的披露以及对数字资产领域的进军是该币在2020年和2021年初火热上涨的催化剂之一，随后上个月暴跌。周一，该代币的交易价格略高于32,000美元，较4月中旬的纪录下跌了50%以上。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/crypto/microstrategy-buys-13005-bitcoin-37617-using-proceeds-first-ever-crypto-junk-bond\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"Strategy"},"source_url":"https://www.zerohedge.com/crypto/microstrategy-buys-13005-bitcoin-37617-using-proceeds-first-ever-crypto-junk-bond","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159914875","content_text":"Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (subsequentlyupsized to $500 million) junk bonds (6.125% coupon due 2028; by comparison, the average junk bond yields just about 4%) for the sole purpose of buying bitcoin,earlier today MSTR CEO Michael Saylor confirmed that the transaction had been consummated with the company buying 13,005 bitcoin at an average price of $37,617 for a total of $489 million.\nThe transaction has cemented MSTR's status asthe largest corporate hodler of bitcoin, with a total of 105,085 bitcoin acquired for $2.741 billion or an average price of $26,080.\n\nPutting these numbers in context, the amount purchased using junk bond proceeds was more than $100 million higher than the company’s entire operating cash flow since 2016, according to Bloomberg data; MicroStrategy also announced that it was taking a roughly $284.5 million charge during its next earnings report thanks to losses related to fluctuations in the price of the digital asset. That amounts to more than its cumulative earnings since 2011.\nPreviously, MSTR already issued convertible bonds worth around $1 billion in its quest to scoop up more of the coins, though this was the first-ever corporate bond sale with proceeds earmarked for such purchases.\nNaturally, news of the offering sparked both praise from the diamond hand crew, as well as scathing criticism from the crypto skeptics:\n“The $400 million in debt isn’t being used to fund an acquisition or growth. It’s being used to speculate on a volatile asset,” said Marc Lichtenfeld, chief income strategist at the Oxford Club. “Does MicroStrategy even have a business anymore or is it simply a proxy for Bitcoin -- with borrowed money?”\nThe answer is obvious, and considering the move in the stock in the past year, it has been a great strategy... so far.\nNews of the offering come in a day when the crypto space tumbled...\n... after the latest dose of FUD from China (how many times can Beijing credibly ban bitcoin before investors start asking if this is just a daily jawboning tactic to distract from the disastrous reception of the digital yuan).\n\nSaylor has been one of leading advocates of converting company cash to Bitcoin, saying that the Federal Reserve’s relaxing of its inflation policy helped convince him to invest MicroStrategy’s reserves. The company’s disclosures around Bitcoin and its foray into the digital-assets space served as one of the catalysts to the coin’s red-hot rally in 2020 and early 2021, before it tumbled last month. 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