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2021-12-21

Nice rebound from yesterday bloody bath

Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>

2021-12-21

$UPST 20220121 250.0 PUT$ what am I suppose to do :(

2021-12-16

Yea time to buy

Tesla fell nearly 1% in morning trading though New York police would buy up to 250 all-electric Model 3 cars<blockquote>尽管纽约警方将购买多达250辆全电动Model 3汽车，但特斯拉早盘下跌近1%</blockquote>

2021-12-16

Yea still very high

Roblox slid over 10% in morning trading as it broke the growth momentum for six consecutive months<blockquote>Roblox早盘下跌逾10%，连续六个月打破增长势头</blockquote>

2021-12-16

What is it gonna be?

@衍生品圈内淘金人:今晚凌晨最大的风险事件落地，美股是涨是跌？

2021-12-06

Everyday is just getting worst

2021-12-06

Just give us a concrete direction already.. stop beating around the bush

What Scares the Stock Market More Than Covid? The Federal Reserve<blockquote>有什么比Covid更让股市害怕？美联储</blockquote>

2021-12-02

Hope to see some recovering tonight 🙏

Dow Jones futures rose nearly 1%, S&P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.<blockquote>道琼斯期货涨近1%，标普500期货涨0.85%，纳斯达克100期货涨0.64%。</blockquote>

2021-12-01

I seee

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2021-11-30

Never ending virus... please bring us to the end of tunneel

Stocks open lower as investors assess omicron concerns<blockquote>投资者评估奥密克戎担忧，股市低开</blockquote>

2021-11-30

Waaa super volatile

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2021-11-27

Zzzzzz time for shopping?

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2021-11-24

Good or bad hmmm

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2021-11-23

Okok

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2021-11-23

Oh knee kerk

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2021-11-23

interest rate hike affects the stock market, no.?

How one interest-rate hike by a small African nation could derail Powell’s Fed policy plans and sink stocks<blockquote>一个非洲小国的一次加息如何可能破坏鲍威尔的美联储政策计划并导致股市下跌</blockquote>

2021-11-23

Oh ok. J powel

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2021-11-19

Nice

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2021-11-19

Nice

S&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote>

2021-11-19

Fuyoooo... sad I've alrdy sold long ago :(

Roblox reached an all-time high at 135.74 dollars as Morgan Stanley rose its price target by 70%<blockquote>摩根士丹利将目标价上调70%，Roblox触及135.74美元历史新高</blockquote>

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rebound from yesterday bloody bath","listText":"Nice rebound from yesterday bloody bath","text":"Nice rebound from yesterday bloody bath","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691064655","repostId":"1155803366","repostType":4,"repost":{"id":"1155803366","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640091738,"share":"https://www.laohu8.com/m/news/1155803366?lang=zh_CN&edition=full","pubTime":"2021-12-21 21:02","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1155803366","media":"Tiger Newspress","summary":"U.S. stock index futures surged on Tuesday, following a steep selloff in the previous session, as st","content":"<p>U.S. stock index futures surged on Tuesday, following a steep selloff in the previous session, as strong quarterly earnings from Nike and a positive forecast from chipmaker Micron helped lift sentiment.</p><p><blockquote>美国股指期货在前一交易日大幅抛售后，周二飙升，耐克强劲的季度收益和芯片制造商美光的积极预测帮助提振了市场情绪。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were up 297 points, or 0.85%, S&amp;P 500 E-minis were up 44 points, or 0.97% and Nasdaq 100 E-minis were up 181.25 points, or 1.16%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨297点，涨幅0.85%，标普500电子迷你指数上涨44点，涨幅0.97%，纳斯达克100电子迷你指数上涨181.25点，涨幅1.16%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36ea59c1eff94ceee051acd93acfabcd\" tg-width=\"676\" tg-height=\"222\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> A rapidly spreading Omicron variant has rattled stock markets around the world, triggering major routs in the final month of the year, as investor fret about its impact on the global recovery.</p><p><blockquote>迅速蔓延的奥密克戎变种扰乱了世界各地的股市，在今年最后一个月引发了重大下跌，因为投资者担心其对全球复苏的影响。</blockquote></p><p> Investors have taken a more defensive stance this month, with sectors such as consumer staples(.SPLCRS), real estate&nbsp;and utilities&nbsp;among top gainers in December.</p><p><blockquote>投资者本月采取了更具防御性的立场，消费必需品(.SPLCR)、房地产和公用事业等行业在12月份涨幅居前。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/NKE\">Nike</a> (NKE) – Nike jumped 3.5% in the premarket after it reported quarterly earnings of 83 cents per share, 20 cents a share above estimates. Revenue was slightly above forecasts, but the athletic footwear and apparel maker said sales were hurt by a slowdown in production and transportation of its goods.</p><p><blockquote><a href=\"https://laohu8.com/S/NKE\">耐克</a>(NKE)-耐克公布季度收益为每股83美分，比预期高出20美分，盘前上涨3.5%。收入略高于预期，但这家运动鞋和服装制造商表示，其商品生产和运输放缓影响了销售。</blockquote></p><p> <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> (MU) – Micron beat estimates by 5 cents a share, with quarterly profit of $2.16 per share. The chip maker’s revenue also came in above consensus. Micron gave an upbeat forecast, amid continued strong demand for its chips. Its shares leaped 8.2% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/MU\">美光科技</a>(MU)-美光科技每股收益超出预期5美分，季度利润为每股2.16美元。这家芯片制造商的收入也高于市场预期。由于对其芯片的需求持续强劲，美光科技给出了乐观的预测。其股价在盘前上涨8.2%。</blockquote></p><p> <a href=\"https://laohu8.com/S/BRZE\">Braze, Inc.</a> (BRZE) – Braze reported a lower-than-expected loss and better-than-expected revenue in the cloud computing company’s first report since going public in mid-November. The stock surged 11.9% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/BRZE\">铜焊公司。</a>(BRZE)-Braze在这家云计算公司自11月中旬上市以来的首份报告中报告了低于预期的亏损和好于预期的收入。该股盘前飙升11.9%。</blockquote></p><p> <a href=\"https://laohu8.com/S/CTXS\">Citrix</a> (CTXS) – Citrix shares surged 7.8% in premarket trading following a Bloomberg report that Elliott Investment Management and Vista Equity Partners are considering a joint bid for the software maker.</p><p><blockquote><a href=\"https://laohu8.com/S/CTXS\">Citrix</a>(CTXS)-彭博社报道Elliott Investment Management和Vista Equity Partners正在考虑联合竞购该软件制造商后，Citrix股价在盘前交易中飙升7.8%。</blockquote></p><p> <a href=\"https://laohu8.com/S/GIS\">General Mills</a> (GIS) – General Mills missed earnings estimates by 6 cents a share, with quarterly profit of 99 cents per share. The food producer’s revenue was above Wall Street forecasts. The company raised its full-year sales forecast, as at-home dining demand remains elevated, but said it is still dealing with higher input costs and supply chain disruptions. Its shares fell 1.9% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/GIS\">通用磨坊</a>(GIS)-通用磨坊每股收益低于预期6美分，季度利润为每股99美分。这家食品生产商的收入高于华尔街的预测。由于家庭用餐需求仍然很高，该公司上调了全年销售预期，但表示仍在应对投入成本上升和供应链中断的问题。其股价盘前下跌1.9%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RAD\">Rite Aid</a> (RAD) – The drugstore chain earned a profit of 15 cents per share, compared to expectations of a 32 cents per share quarterly loss. Rite Aid also announced a store closure program, initially targeting 63 stores with an expected annual savings of about $25 million. The stock rallied 4% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/RAD\">仪式援助</a>(RAD)-这家连锁药店每股盈利15美分，而预期季度亏损为每股32美分。Rite Aid还宣布了一项商店关闭计划，最初针对63家商店，预计每年节省约2500万美元。该股在盘前交易中上涨4%。</blockquote></p><p> <a href=\"https://laohu8.com/S/FDS\">FactSet Research</a> (FDS) – The financial information provider earned $3.25 per share for its latest quarter, 25 cents a share above estimates. Revenue came in above consensus as well, boosted by higher sales of analytics and research solutions.</p><p><blockquote><a href=\"https://laohu8.com/S/FDS\">FactSet研究</a>(FDS)——这家金融信息提供商最近一个季度的每股收益为3.25美元，比预期高出25美分。受分析和研究解决方案销量增加的推动，收入也高于共识。</blockquote></p><p> <a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a> (MRNA) – Moderna CEO Stephane Bancel told a Swiss newspaper that work on a booster to protect against the Covid-19 omicron variant could begin within a few weeks, adding that only minor adjustments would be needed. Moderna had said earlier this week that a booster dose of its current vaccine increases protection against the omicron variant by 37-fold.</p><p><blockquote><a href=\"https://laohu8.com/S/MRNA\">莫德纳公司。</a>（MRNA）——Moderna首席执行官夏羽·班塞尔（Stephane Bancel）告诉一家瑞士报纸，针对新冠肺炎奥密克戎变种的加强剂的工作可能会在几周内开始，并补充说只需要进行微小的调整。Moderna本周早些时候曾表示，其当前疫苗的加强剂量可将针对奥密克戎变种的保护作用提高37倍。</blockquote></p><p> <a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a> (NKLA) – The electric vehicle company will pay a $125 million civil penalty to settle Securities and Exchange Commission charges that it had allegedly defrauded investors. Nikola said the settlement resolves all outstanding issues and investigations. Its shares added 3.1% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/NKLA\">尼古拉公司</a>（NKLA）——这家电动汽车公司将支付1.25亿美元的民事罚款，以和解美国证券交易委员会对其涉嫌欺诈投资者的指控。尼古拉表示，和解解决了所有悬而未决的问题和调查。其股价盘前上涨3.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> (SEDG) – The solar equipment maker’s stock rose 2.5% in premarket trading after it was named a “top pick” at Cowen. The firm said investor enthusiasm remains high for both solar and fuel cell technology, despite a move by California to dampen solar incentives.</p><p><blockquote><a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a>(SEDG)-这家太阳能设备制造商的股价在被Cowen评为“首选”后，在盘前交易中上涨2.5%。该公司表示，尽管加州采取了抑制太阳能激励措施的举措，但投资者对太阳能和燃料电池技术的热情仍然很高。</blockquote></p><p> <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> (NVDA) – The graphics chipmaker’s stock added 3% in the premarket after it was named a “top pick” at UBS, which notes Nvidia’s “wide moats” in its markets.</p><p><blockquote><a href=\"https://laohu8.com/S/NVDA\">英伟达公司</a>(NVDA)——这家图形芯片制造商的股价在被瑞银评为“首选股”后，在盘前上涨了3%，瑞银指出英伟达在其市场上拥有“宽阔的护城河”。</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>Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</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\">\nToplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-21 21:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures surged on Tuesday, following a steep selloff in the previous session, as strong quarterly earnings from Nike and a positive forecast from chipmaker Micron helped lift sentiment.</p><p><blockquote>美国股指期货在前一交易日大幅抛售后，周二飙升，耐克强劲的季度收益和芯片制造商美光的积极预测帮助提振了市场情绪。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were up 297 points, or 0.85%, S&amp;P 500 E-minis were up 44 points, or 0.97% and Nasdaq 100 E-minis were up 181.25 points, or 1.16%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨297点，涨幅0.85%，标普500电子迷你指数上涨44点，涨幅0.97%，纳斯达克100电子迷你指数上涨181.25点，涨幅1.16%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36ea59c1eff94ceee051acd93acfabcd\" tg-width=\"676\" tg-height=\"222\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> A rapidly spreading Omicron variant has rattled stock markets around the world, triggering major routs in the final month of the year, as investor fret about its impact on the global recovery.</p><p><blockquote>迅速蔓延的奥密克戎变种扰乱了世界各地的股市，在今年最后一个月引发了重大下跌，因为投资者担心其对全球复苏的影响。</blockquote></p><p> Investors have taken a more defensive stance this month, with sectors such as consumer staples(.SPLCRS), real estate&nbsp;and utilities&nbsp;among top gainers in December.</p><p><blockquote>投资者本月采取了更具防御性的立场，消费必需品(.SPLCR)、房地产和公用事业等行业在12月份涨幅居前。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/NKE\">Nike</a> (NKE) – Nike jumped 3.5% in the premarket after it reported quarterly earnings of 83 cents per share, 20 cents a share above estimates. Revenue was slightly above forecasts, but the athletic footwear and apparel maker said sales were hurt by a slowdown in production and transportation of its goods.</p><p><blockquote><a href=\"https://laohu8.com/S/NKE\">耐克</a>(NKE)-耐克公布季度收益为每股83美分，比预期高出20美分，盘前上涨3.5%。收入略高于预期，但这家运动鞋和服装制造商表示，其商品生产和运输放缓影响了销售。</blockquote></p><p> <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> (MU) – Micron beat estimates by 5 cents a share, with quarterly profit of $2.16 per share. The chip maker’s revenue also came in above consensus. Micron gave an upbeat forecast, amid continued strong demand for its chips. Its shares leaped 8.2% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/MU\">美光科技</a>(MU)-美光科技每股收益超出预期5美分，季度利润为每股2.16美元。这家芯片制造商的收入也高于市场预期。由于对其芯片的需求持续强劲，美光科技给出了乐观的预测。其股价在盘前上涨8.2%。</blockquote></p><p> <a href=\"https://laohu8.com/S/BRZE\">Braze, Inc.</a> (BRZE) – Braze reported a lower-than-expected loss and better-than-expected revenue in the cloud computing company’s first report since going public in mid-November. The stock surged 11.9% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/BRZE\">铜焊公司。</a>(BRZE)-Braze在这家云计算公司自11月中旬上市以来的首份报告中报告了低于预期的亏损和好于预期的收入。该股盘前飙升11.9%。</blockquote></p><p> <a href=\"https://laohu8.com/S/CTXS\">Citrix</a> (CTXS) – Citrix shares surged 7.8% in premarket trading following a Bloomberg report that Elliott Investment Management and Vista Equity Partners are considering a joint bid for the software maker.</p><p><blockquote><a href=\"https://laohu8.com/S/CTXS\">Citrix</a>(CTXS)-彭博社报道Elliott Investment Management和Vista Equity Partners正在考虑联合竞购该软件制造商后，Citrix股价在盘前交易中飙升7.8%。</blockquote></p><p> <a href=\"https://laohu8.com/S/GIS\">General Mills</a> (GIS) – General Mills missed earnings estimates by 6 cents a share, with quarterly profit of 99 cents per share. The food producer’s revenue was above Wall Street forecasts. The company raised its full-year sales forecast, as at-home dining demand remains elevated, but said it is still dealing with higher input costs and supply chain disruptions. Its shares fell 1.9% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/GIS\">通用磨坊</a>(GIS)-通用磨坊每股收益低于预期6美分，季度利润为每股99美分。这家食品生产商的收入高于华尔街的预测。由于家庭用餐需求仍然很高，该公司上调了全年销售预期，但表示仍在应对投入成本上升和供应链中断的问题。其股价盘前下跌1.9%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RAD\">Rite Aid</a> (RAD) – The drugstore chain earned a profit of 15 cents per share, compared to expectations of a 32 cents per share quarterly loss. Rite Aid also announced a store closure program, initially targeting 63 stores with an expected annual savings of about $25 million. The stock rallied 4% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/RAD\">仪式援助</a>(RAD)-这家连锁药店每股盈利15美分，而预期季度亏损为每股32美分。Rite Aid还宣布了一项商店关闭计划，最初针对63家商店，预计每年节省约2500万美元。该股在盘前交易中上涨4%。</blockquote></p><p> <a href=\"https://laohu8.com/S/FDS\">FactSet Research</a> (FDS) – The financial information provider earned $3.25 per share for its latest quarter, 25 cents a share above estimates. Revenue came in above consensus as well, boosted by higher sales of analytics and research solutions.</p><p><blockquote><a href=\"https://laohu8.com/S/FDS\">FactSet研究</a>(FDS)——这家金融信息提供商最近一个季度的每股收益为3.25美元，比预期高出25美分。受分析和研究解决方案销量增加的推动，收入也高于共识。</blockquote></p><p> <a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a> (MRNA) – Moderna CEO Stephane Bancel told a Swiss newspaper that work on a booster to protect against the Covid-19 omicron variant could begin within a few weeks, adding that only minor adjustments would be needed. Moderna had said earlier this week that a booster dose of its current vaccine increases protection against the omicron variant by 37-fold.</p><p><blockquote><a href=\"https://laohu8.com/S/MRNA\">莫德纳公司。</a>（MRNA）——Moderna首席执行官夏羽·班塞尔（Stephane Bancel）告诉一家瑞士报纸，针对新冠肺炎奥密克戎变种的加强剂的工作可能会在几周内开始，并补充说只需要进行微小的调整。Moderna本周早些时候曾表示，其当前疫苗的加强剂量可将针对奥密克戎变种的保护作用提高37倍。</blockquote></p><p> <a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a> (NKLA) – The electric vehicle company will pay a $125 million civil penalty to settle Securities and Exchange Commission charges that it had allegedly defrauded investors. Nikola said the settlement resolves all outstanding issues and investigations. Its shares added 3.1% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/NKLA\">尼古拉公司</a>（NKLA）——这家电动汽车公司将支付1.25亿美元的民事罚款，以和解美国证券交易委员会对其涉嫌欺诈投资者的指控。尼古拉表示，和解解决了所有悬而未决的问题和调查。其股价盘前上涨3.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> (SEDG) – The solar equipment maker’s stock rose 2.5% in premarket trading after it was named a “top pick” at Cowen. The firm said investor enthusiasm remains high for both solar and fuel cell technology, despite a move by California to dampen solar incentives.</p><p><blockquote><a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a>(SEDG)-这家太阳能设备制造商的股价在被Cowen评为“首选”后，在盘前交易中上涨2.5%。该公司表示，尽管加州采取了抑制太阳能激励措施的举措，但投资者对太阳能和燃料电池技术的热情仍然很高。</blockquote></p><p> <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> (NVDA) – The graphics chipmaker’s stock added 3% in the premarket after it was named a “top pick” at UBS, which notes Nvidia’s “wide moats” in its markets.</p><p><blockquote><a href=\"https://laohu8.com/S/NVDA\">英伟达公司</a>(NVDA)——这家图形芯片制造商的股价在被瑞银评为“首选股”后，在盘前上涨了3%，瑞银指出英伟达在其市场上拥有“宽阔的护城河”。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155803366","content_text":"U.S. stock index futures surged on Tuesday, following a steep selloff in the previous session, as strong quarterly earnings from Nike and a positive forecast from chipmaker Micron helped lift sentiment.\nAt 8:00 a.m. ET, Dow E-minis were up 297 points, or 0.85%, S&P 500 E-minis were up 44 points, or 0.97% and Nasdaq 100 E-minis were up 181.25 points, or 1.16%.\n*Source From Tiger Trade, EST 08:00\nA rapidly spreading Omicron variant has rattled stock markets around the world, triggering major routs in the final month of the year, as investor fret about its impact on the global recovery.\nInvestors have taken a more defensive stance this month, with sectors such as consumer staples(.SPLCRS), real estate and utilities among top gainers in December.\nStocks making the biggest moves in the premarket:\nNike (NKE) – Nike jumped 3.5% in the premarket after it reported quarterly earnings of 83 cents per share, 20 cents a share above estimates. Revenue was slightly above forecasts, but the athletic footwear and apparel maker said sales were hurt by a slowdown in production and transportation of its goods.\nMicron Technology (MU) – Micron beat estimates by 5 cents a share, with quarterly profit of $2.16 per share. The chip maker’s revenue also came in above consensus. Micron gave an upbeat forecast, amid continued strong demand for its chips. Its shares leaped 8.2% in premarket action.\nBraze, Inc. (BRZE) – Braze reported a lower-than-expected loss and better-than-expected revenue in the cloud computing company’s first report since going public in mid-November. The stock surged 11.9% in the premarket.\nCitrix (CTXS) – Citrix shares surged 7.8% in premarket trading following a Bloomberg report that Elliott Investment Management and Vista Equity Partners are considering a joint bid for the software maker.\nGeneral Mills (GIS) – General Mills missed earnings estimates by 6 cents a share, with quarterly profit of 99 cents per share. The food producer’s revenue was above Wall Street forecasts. The company raised its full-year sales forecast, as at-home dining demand remains elevated, but said it is still dealing with higher input costs and supply chain disruptions. Its shares fell 1.9% in the premarket.\nRite Aid (RAD) – The drugstore chain earned a profit of 15 cents per share, compared to expectations of a 32 cents per share quarterly loss. Rite Aid also announced a store closure program, initially targeting 63 stores with an expected annual savings of about $25 million. The stock rallied 4% in premarket trading.\nFactSet Research (FDS) – The financial information provider earned $3.25 per share for its latest quarter, 25 cents a share above estimates. Revenue came in above consensus as well, boosted by higher sales of analytics and research solutions.\nModerna, Inc. (MRNA) – Moderna CEO Stephane Bancel told a Swiss newspaper that work on a booster to protect against the Covid-19 omicron variant could begin within a few weeks, adding that only minor adjustments would be needed. Moderna had said earlier this week that a booster dose of its current vaccine increases protection against the omicron variant by 37-fold.\nNikola Corporation (NKLA) – The electric vehicle company will pay a $125 million civil penalty to settle Securities and Exchange Commission charges that it had allegedly defrauded investors. Nikola said the settlement resolves all outstanding issues and investigations. Its shares added 3.1% in the premarket.\nSolarEdge (SEDG) – The solar equipment maker’s stock rose 2.5% in premarket trading after it was named a “top pick” at Cowen. The firm said investor enthusiasm remains high for both solar and fuel cell technology, despite a move by California to dampen solar incentives.\nNVIDIA Corp (NVDA) – The graphics chipmaker’s stock added 3% in the premarket after it was named a “top pick” at UBS, which notes Nvidia’s “wide moats” in its markets.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693652992,"gmtCreate":1640016212927,"gmtModify":1640016213146,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/UPST 20220121 250.0 PUT\">$UPST 20220121 250.0 PUT$ &nbsp;</a>what am I suppose to do :(","listText":"<a href=\"https://laohu8.com/OPT/UPST 20220121 250.0 PUT\">$UPST 20220121 250.0 PUT$ &nbsp;</a>what am I suppose to do :(","text":"$UPST 20220121 250.0 PUT$ what am I suppose to do :(","images":[{"img":"https://static.tigerbbs.com/856f7d1ff57712a67a636301138d0d3a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/693652992","isVote":1,"tweetType":1,"viewCount":2810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":690231815,"gmtCreate":1639668360943,"gmtModify":1639668361184,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Yea time to buy","listText":"Yea time to buy","text":"Yea time to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690231815","repostId":"1181686014","repostType":4,"repost":{"id":"1181686014","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639666432,"share":"https://www.laohu8.com/m/news/1181686014?lang=zh_CN&edition=full","pubTime":"2021-12-16 22:53","market":"us","language":"en","title":"Tesla fell nearly 1% in morning trading though New York police would buy up to 250 all-electric Model 3 cars<blockquote>尽管纽约警方将购买多达250辆全电动Model 3汽车，但特斯拉早盘下跌近1%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181686014","media":"Tiger Newspress","summary":"Tesla fell nearly 1% in morning trading though New York police would buy up to 250 all-electric Mode","content":"<p>Tesla&nbsp;fell&nbsp;nearly&nbsp;1%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;though&nbsp;New York police&nbsp;would&nbsp;buy&nbsp;up to 250 all-electric Model 3 cars.<img src=\"https://static.tigerbbs.com/a88f381fe4239d26d1254d4f4745b1f0\" tg-width=\"771\" tg-height=\"568\" width=\"100%\" height=\"auto\">The New York City Police Department is considering buying up to 250 all-electric Model 3 cars from Tesla, which will enable these high-performance cars to be delivered to the largest police force in the United States.</p><p><blockquote>尽管纽约警方将购买多达250辆全电动Model 3汽车，但特斯拉早盘下跌近1%。纽约市警察局正在考虑从特斯拉购买多达250辆全电动Model 3汽车，这将使这些高性能汽车能够交付给美国最大的警察部队。</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>Tesla fell nearly 1% in morning trading though New York police would buy up to 250 all-electric Model 3 cars<blockquote>尽管纽约警方将购买多达250辆全电动Model 3汽车，但特斯拉早盘下跌近1%</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\">\nTesla fell nearly 1% in morning trading though New York police would buy up to 250 all-electric Model 3 cars<blockquote>尽管纽约警方将购买多达250辆全电动Model 3汽车，但特斯拉早盘下跌近1%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-16 22:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;fell&nbsp;nearly&nbsp;1%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;though&nbsp;New York police&nbsp;would&nbsp;buy&nbsp;up to 250 all-electric Model 3 cars.<img src=\"https://static.tigerbbs.com/a88f381fe4239d26d1254d4f4745b1f0\" tg-width=\"771\" tg-height=\"568\" width=\"100%\" height=\"auto\">The New York City Police Department is considering buying up to 250 all-electric Model 3 cars from Tesla, which will enable these high-performance cars to be delivered to the largest police force in the United States.</p><p><blockquote>尽管纽约警方将购买多达250辆全电动Model 3汽车，但特斯拉早盘下跌近1%。纽约市警察局正在考虑从特斯拉购买多达250辆全电动Model 3汽车，这将使这些高性能汽车能够交付给美国最大的警察部队。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181686014","content_text":"Tesla fell nearly 1% in morning trading though New York police would buy up to 250 all-electric Model 3 cars.The New York City Police Department is considering buying up to 250 all-electric Model 3 cars from Tesla, which will enable these high-performance cars to be delivered to the largest police force in the United States.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607717331,"gmtCreate":1639590505016,"gmtModify":1639590505242,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Yea still very high","listText":"Yea still very high","text":"Yea still very high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607717331","repostId":"1107634213","repostType":4,"repost":{"id":"1107634213","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639579813,"share":"https://www.laohu8.com/m/news/1107634213?lang=zh_CN&edition=full","pubTime":"2021-12-15 22:50","market":"us","language":"en","title":"Roblox slid over 10% in morning trading as it broke the growth momentum for six consecutive months<blockquote>Roblox早盘下跌逾10%，连续六个月打破增长势头</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107634213","media":"Tiger Newspress","summary":"Roblox slid over 10% in morning trading as it broke the growth momentum for six consecutive months.I","content":"<p>Roblox slid over 10% in morning trading as it broke the growth momentum for six consecutive months.<img src=\"https://static.tigerbbs.com/ddb904021b667dcb338343097ac10aa9\" tg-width=\"766\" tg-height=\"566\" width=\"100%\" height=\"auto\">Its sales of video games in November decreased by 10% compared with November 2020 to US $6.3 billion, breaking the growth momentum of the industry for six consecutive months.</p><p><blockquote>Roblox早盘下跌超过10%，连续六个月打破增长势头。其11月视频游戏销售额较2020年11月下降10%至63亿美元，连续6个月打破行业增长势头。</blockquote></p><p> The main reason is that hardware sales have dropped by nearly 600 million US dollars compared with last year. Due to the pressure of supply chain, the next generation of game consoles is still missing more than a year after the release of PlayStation 5 (SONY.US) and Xbox Series S and X (MSFT.US).</p><p><blockquote>主要原因是硬件销售额比去年下降了近6亿美元。由于供应链的压力，在PlayStation 5(SONY.US)和Xbox Series S和X(MSFT.US)发布一年多后，下一代游戏机仍然不见踪影。</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>Roblox slid over 10% in morning trading as it broke the growth momentum for six consecutive months<blockquote>Roblox早盘下跌逾10%，连续六个月打破增长势头</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\">\nRoblox slid over 10% in morning trading as it broke the growth momentum for six consecutive months<blockquote>Roblox早盘下跌逾10%，连续六个月打破增长势头</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-15 22:50</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Roblox slid over 10% in morning trading as it broke the growth momentum for six consecutive months.<img src=\"https://static.tigerbbs.com/ddb904021b667dcb338343097ac10aa9\" tg-width=\"766\" tg-height=\"566\" width=\"100%\" height=\"auto\">Its sales of video games in November decreased by 10% compared with November 2020 to US $6.3 billion, breaking the growth momentum of the industry for six consecutive months.</p><p><blockquote>Roblox早盘下跌超过10%，连续六个月打破增长势头。其11月视频游戏销售额较2020年11月下降10%至63亿美元，连续6个月打破行业增长势头。</blockquote></p><p> The main reason is that hardware sales have dropped by nearly 600 million US dollars compared with last year. Due to the pressure of supply chain, the next generation of game consoles is still missing more than a year after the release of PlayStation 5 (SONY.US) and Xbox Series S and X (MSFT.US).</p><p><blockquote>主要原因是硬件销售额比去年下降了近6亿美元。由于供应链的压力，在PlayStation 5(SONY.US)和Xbox Series S和X(MSFT.US)发布一年多后，下一代游戏机仍然不见踪影。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107634213","content_text":"Roblox slid over 10% in morning trading as it broke the growth momentum for six consecutive months.Its sales of video games in November decreased by 10% compared with November 2020 to US $6.3 billion, breaking the growth momentum of the industry for six consecutive months.\nThe main reason is that hardware sales have dropped by nearly 600 million US dollars compared with last year. Due to the pressure of supply chain, the next generation of game consoles is still missing more than a year after the release of PlayStation 5 (SONY.US) and Xbox Series S and X (MSFT.US).","news_type":1,"symbols_score_info":{"RBLX":0.9}},"isVote":1,"tweetType":1,"viewCount":2602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607717941,"gmtCreate":1639590450783,"gmtModify":1639590451020,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"What is it gonna be?&nbsp;","listText":"What is it gonna be?&nbsp;","text":"What is it gonna be?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607717941","repostId":"607204070","repostType":1,"repost":{"id":607204070,"gmtCreate":1639540234072,"gmtModify":1639551681587,"author":{"id":"3493247054408315","authorId":"3493247054408315","name":"衍生品圈内淘金人","avatar":"https://static.tigerbbs.com/f410ba1d5e642b32faa3d84b28820597","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3493247054408315","idStr":"3493247054408315"},"themes":[],"title":"今晚凌晨最大的风险事件落地，美股是涨是跌？","htmlText":"北京时间周四凌晨3:00，美联储将宣布年内最后一份利率决议，3:30美联储主席鲍威尔将召开新闻发布会。这次会议将是近期金融市场最大的风险事件，毫不夸张的说，将为今后几个月内的美股市场运行方向定下基调。 这次会议的三个关键点： 1、是否加速缩减QE 按照市场目前的预计，这几乎是板上钉钉的事实，但问题是这个缩减速度会发生什么变化？按照上个FOMC的决议，每月缩债的数量为150亿到200亿，就目前的公开数据看，之前美联储缩债的速度是按平均每月150亿的速度进行，按照目前的主流观点：这次决议很可能将这个数字调整为每月缩债300亿，按照这个速度，明年3月就可以完全结束QE。 2、是否释放加息信号？ 这个问题最为关键。 昨晚美国公布了一项吃惊的数据，月度PPI的涨幅已经到了同比增长9.6%的地步，创有纪录以来最高的同比增速，此外，美国之前公布的CPI同比增速也已经来到了近30多年的新高，说明美联储加息势在必行，但中间还有半年的时间用以缩债和观察，如果缩债结束，通胀的势头仍旧很猛，美联储可以选择在4月份加息，而当下金融市场的预计是6月份第一次加息。 当然，也有不释放加息信号的可能，好处是可以将政策对金融市场的影响降到最低，美联储的执政思路一直是“避免意外，避免过度惊扰市场”。这个度的把握就在于美联储预期的市场抗压程度，如果他们觉得市场能够扛得住加息和流动性突然退出的压力，就有可能透露加息路径。 周四凌晨的期货市场很可能出现两拨走势：比如公布结果之前预先砸盘，结果落地却比预期的鸽派或者等同于预期的话，市场反而会出现v型反转。 注意关键时间点： 3:00 宣布利率决议，维持利率不变，加速缩减QE； 3:30 鲍威尔召开记者会，重头戏！是否释放加息信号就是在这个环节。 FOMC之前，空头在大肆做空美国国债。 根据“华尔街情报圈”的消息。自上周一以来，空头已通过12笔大宗交易卖出近74,000手","listText":"北京时间周四凌晨3:00，美联储将宣布年内最后一份利率决议，3:30美联储主席鲍威尔将召开新闻发布会。这次会议将是近期金融市场最大的风险事件，毫不夸张的说，将为今后几个月内的美股市场运行方向定下基调。 这次会议的三个关键点： 1、是否加速缩减QE 按照市场目前的预计，这几乎是板上钉钉的事实，但问题是这个缩减速度会发生什么变化？按照上个FOMC的决议，每月缩债的数量为150亿到200亿，就目前的公开数据看，之前美联储缩债的速度是按平均每月150亿的速度进行，按照目前的主流观点：这次决议很可能将这个数字调整为每月缩债300亿，按照这个速度，明年3月就可以完全结束QE。 2、是否释放加息信号？ 这个问题最为关键。 昨晚美国公布了一项吃惊的数据，月度PPI的涨幅已经到了同比增长9.6%的地步，创有纪录以来最高的同比增速，此外，美国之前公布的CPI同比增速也已经来到了近30多年的新高，说明美联储加息势在必行，但中间还有半年的时间用以缩债和观察，如果缩债结束，通胀的势头仍旧很猛，美联储可以选择在4月份加息，而当下金融市场的预计是6月份第一次加息。 当然，也有不释放加息信号的可能，好处是可以将政策对金融市场的影响降到最低，美联储的执政思路一直是“避免意外，避免过度惊扰市场”。这个度的把握就在于美联储预期的市场抗压程度，如果他们觉得市场能够扛得住加息和流动性突然退出的压力，就有可能透露加息路径。 周四凌晨的期货市场很可能出现两拨走势：比如公布结果之前预先砸盘，结果落地却比预期的鸽派或者等同于预期的话，市场反而会出现v型反转。 注意关键时间点： 3:00 宣布利率决议，维持利率不变，加速缩减QE； 3:30 鲍威尔召开记者会，重头戏！是否释放加息信号就是在这个环节。 FOMC之前，空头在大肆做空美国国债。 根据“华尔街情报圈”的消息。自上周一以来，空头已通过12笔大宗交易卖出近74,000手","text":"北京时间周四凌晨3:00，美联储将宣布年内最后一份利率决议，3:30美联储主席鲍威尔将召开新闻发布会。这次会议将是近期金融市场最大的风险事件，毫不夸张的说，将为今后几个月内的美股市场运行方向定下基调。 这次会议的三个关键点： 1、是否加速缩减QE 按照市场目前的预计，这几乎是板上钉钉的事实，但问题是这个缩减速度会发生什么变化？按照上个FOMC的决议，每月缩债的数量为150亿到200亿，就目前的公开数据看，之前美联储缩债的速度是按平均每月150亿的速度进行，按照目前的主流观点：这次决议很可能将这个数字调整为每月缩债300亿，按照这个速度，明年3月就可以完全结束QE。 2、是否释放加息信号？ 这个问题最为关键。 昨晚美国公布了一项吃惊的数据，月度PPI的涨幅已经到了同比增长9.6%的地步，创有纪录以来最高的同比增速，此外，美国之前公布的CPI同比增速也已经来到了近30多年的新高，说明美联储加息势在必行，但中间还有半年的时间用以缩债和观察，如果缩债结束，通胀的势头仍旧很猛，美联储可以选择在4月份加息，而当下金融市场的预计是6月份第一次加息。 当然，也有不释放加息信号的可能，好处是可以将政策对金融市场的影响降到最低，美联储的执政思路一直是“避免意外，避免过度惊扰市场”。这个度的把握就在于美联储预期的市场抗压程度，如果他们觉得市场能够扛得住加息和流动性突然退出的压力，就有可能透露加息路径。 周四凌晨的期货市场很可能出现两拨走势：比如公布结果之前预先砸盘，结果落地却比预期的鸽派或者等同于预期的话，市场反而会出现v型反转。 注意关键时间点： 3:00 宣布利率决议，维持利率不变，加速缩减QE； 3:30 鲍威尔召开记者会，重头戏！是否释放加息信号就是在这个环节。 FOMC之前，空头在大肆做空美国国债。 根据“华尔街情报圈”的消息。自上周一以来，空头已通过12笔大宗交易卖出近74,000手","images":[{"img":"https://static.tigerbbs.com/984cd47430305b956df7fcc24844915c","width":"-1","height":"-1"},{"img":"https://static.tigerbbs.com/76c479ac051c657bf4e3609cb509a420","width":"690","height":"120"},{"img":"https://static.tigerbbs.com/17897c3c57a2ba936480fb61b0becb3c","width":"505","height":"317"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607204070","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":3,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606078129,"gmtCreate":1638803845788,"gmtModify":1638803928776,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Everyday is just getting worst","listText":"Everyday is just getting worst","text":"Everyday is just getting worst","images":[{"img":"https://static.tigerbbs.com/20ad87d718937ec0433f4125f958a539","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/606078129","isVote":1,"tweetType":1,"viewCount":2434,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":606020542,"gmtCreate":1638802128019,"gmtModify":1638802128152,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Just give us a concrete direction already.. stop beating around the bush&nbsp;","listText":"Just give us a concrete direction already.. stop beating around the bush&nbsp;","text":"Just give us a concrete direction already.. stop beating around the bush","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/606020542","repostId":"1138852642","repostType":2,"repost":{"id":"1138852642","kind":"news","pubTimestamp":1638769615,"share":"https://www.laohu8.com/m/news/1138852642?lang=zh_CN&edition=full","pubTime":"2021-12-06 13:46","market":"us","language":"en","title":"What Scares the Stock Market More Than Covid? The Federal Reserve<blockquote>有什么比Covid更让股市害怕？美联储</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1138852642","media":"Barrons","summary":"Now can we have a correction?\nWe’d hoped for something better, like a melt-up into the end of the ye","content":"<p>Now can we have a correction?</p><p><blockquote>现在我们能纠正一下吗？</blockquote></p><p> We’d hoped for something better, like a melt-up into the end of the year. But after watching the stock market get knocked down this past week after slumping on Black Friday—thanks to the discovery of the Omicron variant of Covid-19—it doesn’t seem to be in the cards. Not after the S&amp;P 500 index finished the week down 1.2%, while the Dow Jones Industrial Average fell 319.26 points, or 0.9%, and the Nasdaq Composite slumped 2.6%. The small-cap Russell 2000, down 3.9% for the week, closed in correction territory on Wednesday.</p><p><blockquote>我们曾希望有更好的结果，比如年底前的融化。但由于发现了Covid-19的奥密克戎变种，股市在过去一周黑色星期五暴跌后暴跌，这似乎不太可能。标普500指数本周下跌1.2%，道琼斯工业平均指数下跌319.26点，跌幅0.9%，纳斯达克综合指数下跌2.6%。小盘股罗素2000指数本周下跌3.9%，周三收于回调区域。</blockquote></p><p> Those numbers fail to capture just how volatile the week was. After a small rally on Monday, the Dow tumbled 652.22 points on Tuesday. On Wednesday, it rallied in early trading before giving back those gains—and then some—to finish down 461.68 points, and only seven stocks in the S&amp;P 500, including Apple (ticker: AAPL), managed to finish higher. On Thursday, the Dow had its biggest gain since March, but Apple dropped 0.6% following reports it was preparing suppliers for lukewarm iPhone demand.</p><p><blockquote>这些数字未能反映出本周的波动程度。在周一小幅上涨后，道琼斯指数周二暴跌652.22点。周三，该股在早盘交易中上涨，随后回吐了部分涨幅，最终下跌461.68点，标普500只有包括苹果（股票代码：AAPL）在内的七只股票收盘走高。周四，道琼斯指数创3月份以来最大涨幅，但苹果下跌0.6%，此前有报道称该公司正在让供应商为iPhone需求冷淡做好准备。</blockquote></p><p> On Friday, the Nasdaq got hammered as large, pricey growth stocks, including Adobe (ADBE), Tesla (TSLA), and Nvidia (NVDA), finally got caught up in the selling. “Given the overvalued conditions of many ‘growth’ names, the latter bore the brunt of this week’s correction,” observes Canaccord Genuity analyst Martin Roberge.</p><p><blockquote>周五，纳斯达克遭受重创，包括Adobe(ADBE)、特斯拉(TSLA)和英伟达(NVDA)在内的大型、昂贵的成长型股票最终陷入抛售。Canaccord Genuity分析师马丁·罗伯格(Martin Roberge)表示：“鉴于许多‘成长型’公司的估值过高，后者在本周的调整中首当其冲。”</blockquote></p><p> The S&amp;P 500 finished the week 3.5% off its 2021 high, which is a bit less than the index fell in September, when everyone was predicting a correction that never arrived. This selloff looks like it has more legs. Gone are the generalized fears about valuations and a looming earnings season—which turned out to be just fine—replaced by a new Covid variant and the start of the Federal Reserve’s tightening cycle.</p><p><blockquote>标普500本周收盘较2021年高点下跌3.5%，略低于该指数9月份的跌幅，当时所有人都预测回调从未到来。这次抛售看起来有更多的腿。对估值和即将到来的财报季的普遍担忧已经一去不复返了——事实证明财报季还不错——取而代之的是新的新冠病毒变种和美联储紧缩周期的开始。</blockquote></p><p> Omicron was bad enough on its own—no one knows how much it will hurt the economy—but then Fed Chairman Jerome Powell had to go and acknowledge that inflation isn’t transitory after all and the taper might have to go faster than expected.</p><p><blockquote>奥密克戎本身就已经够糟糕的了——没有人知道它会对经济造成多大伤害——但随后美联储主席Jerome Powell不得不承认通胀毕竟不是暂时的，缩减可能需要比预期更快。</blockquote></p><p> “He leaned on that message so strongly, it tells you some strategy change is coming,” says Dave Donabedian, chief investment officer at CIBC Private Wealth US.</p><p><blockquote>CIBC Private Wealth US首席投资官戴夫·多纳贝迪安(Dave Donabedian)表示：“他非常依赖这一信息，这告诉你一些策略即将发生变化。”</blockquote></p><p> The timing was a bit strange. Headlines about Omicron being found in the U.S. were already troubling the markets. Powell made it worse. Still, rather than asking why he chose that day to make his comments, maybe investors should be asking how much stronger his statement could have been. “Imagine what the speech would have sounded like without the variant,” says MKM Partners Chief Economist Michael Darda.</p><p><blockquote>时机有点奇怪。有关奥密克戎在美国被发现的头条新闻已经让市场感到不安。鲍威尔让情况变得更糟。尽管如此，也许投资者不应该问他为什么选择那天发表评论，而应该问他的声明还能有多强烈。MKM Partners首席经济学家迈克尔·达尔达(Michael Darda)表示：“想象一下，如果没有这种变体，演讲听起来会是什么样子。”</blockquote></p><p> The thing is, Powell is absolutely right to be tacking hawkish, given the strength of the U.S. economy. The jobs report, despite a big headline miss, was solid, with the unemployment rate falling to 4.2% and the participation rate rising to 61.8%. The Institute for Supply Management’s non-manufacturing survey hit 69.1, a record, while the manufacturing index also remains above 60.</p><p><blockquote>问题是，鉴于美国经济的实力，鲍威尔采取鹰派立场是绝对正确的。就业报告尽管出现了重大失误，但表现稳健，失业率降至4.2%，参与率升至61.8%。美国供应管理协会的非制造业调查达到创纪录的69.1，而制造业指数也保持在60以上。</blockquote></p><p> The data has been so good that the Atlanta Fed’s GDPNow estimate for fourth-quarter growth in the U.S. recently hit 9.7%. The consumer price index, which is set to be released this coming Friday, is expected to have risen 0.65% in November. All of that suggests that the economy is ready for tighter monetary policy, even if the stock market isn’t. “Powell is right, even if the market freaks out a little bit,” Darda says.</p><p><blockquote>数据如此之好，以至于亚特兰大联储对美国第四季度增长的GDPNow估计最近达到了9.7%。定于本周五发布的消费者价格指数预计11月份上涨0.65%。所有这些都表明，经济已为收紧货币政策做好了准备，即使股市尚未做好准备。“鲍威尔是对的，即使市场有点恐慌，”达尔达说。</blockquote></p><p> Don’t be surprised if it freaks out a bit more.</p><p><blockquote>如果它变得更疯狂一点，不要感到惊讶。</blockquote></p><p> <b>Morgan Stanley Sees Fed as Bigger Threat to Stocks Than Omicron</b></p><p><blockquote><b>大摩认为美联储对股市的威胁比奥密克戎更大</b></blockquote></p><p> Stock investors probably have more important things to worry about than the emergence of the new coronavirus strain, according to Morgan Stanley strategists.</p><p><blockquote>摩根士丹利策略师表示，股票投资者可能有比新冠病毒株的出现更重要的事情需要担心。</blockquote></p><p> While they are “not that concerned about omicron as a major risk factor for equities,” the strategists see headwinds building elsewhere, after Federal Reserve Chairman Jerome Powell signaled the possible accelerated tapering of asset purchases. “Tapering is tightening for the markets and it will lead to lower valuations like it always does at this stage of any recovery,” the strategists led by Michael Wilson wrote in a note to clients.</p><p><blockquote>虽然他们“不太担心奥密克戎是股市的主要风险因素”，但在美联储主席Jerome Powell暗示可能加速缩减资产购买后，策略师们认为其他地方的阻力正在增加。迈克尔·威尔逊（Michael Wilson）领导的策略师在给客户的一份报告中写道：“缩减购债规模正在收紧市场，这将导致估值下降，就像在复苏的现阶段一样。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2480f1a0450a30811b2f0b6e1a23b008\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The comments echo the views of other strategists, including those at JPMorgan Chase &amp; Co., who&nbsp;singled out a hawkish turn&nbsp;by central banks as the main risk to their outlook for stocks. But while JPMorgan&nbsp;reiterated on Monday&nbsp;that its base-case scenario is for the equities rally to continue into next year, Morgan Stanley sees the S&amp;P 500 trending lower, and valuations declining.</p><p><blockquote>这些评论呼应了其他策略师的观点，包括摩根大通的策略师，他们指出央行的鹰派转向是他们股市前景的主要风险。不过，尽管摩根大通周一重申，其基本情景是股市上涨将持续到明年，但摩根士丹利认为标普500呈走低趋势，估值也在下降。</blockquote></p><p></p><p> “Equity markets are resuming their de-rating process that began over nine months ago for numerous reasons,” the Morgan Stanley strategists wrote. They forecast that the S&amp;P 500 forward price-to-earnings ratio would fall by about 12%, with that decline potentially deeper “as equity investors start to demand much higher risk premiums in anticipation of considerably higher long-term interest rates.”</p><p><blockquote>摩根士丹利策略师写道：“出于多种原因，股市正在恢复九个多月前开始的降级过程。”他们预测，标普500的远期市盈率将下降约12%，而且“随着股票投资者预期长期利率大幅上升，开始要求更高的风险溢价”，降幅可能会更深。</blockquote></p><p> UBS Global Wealth Management strategists said Monday they “expect a period of heightened volatility ahead as investors attempt to assess the risks from omicron and the Fed, based on insufficient and patchy data.” While they advise investors to refrain from a hasty exit from risk assets, the strategists, led by Mark Haefele, said monetary tightening could present a bear case to their base scenario.</p><p><blockquote>瑞银全球财富管理策略师周一表示，他们“预计未来一段时间波动加剧，因为投资者试图根据不充分且不完整的数据来评估奥密克戎和美联储的风险。”虽然他们建议投资者不要仓促退出风险资产，但以马克·海菲尔为首的策略师表示，货币紧缩可能会给他们的基本情景带来看跌理由。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Scares the Stock Market More Than Covid? The Federal Reserve<blockquote>有什么比Covid更让股市害怕？美联储</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 Scares the Stock Market More Than Covid? The Federal Reserve<blockquote>有什么比Covid更让股市害怕？美联储</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-06 13:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Now can we have a correction?</p><p><blockquote>现在我们能纠正一下吗？</blockquote></p><p> We’d hoped for something better, like a melt-up into the end of the year. But after watching the stock market get knocked down this past week after slumping on Black Friday—thanks to the discovery of the Omicron variant of Covid-19—it doesn’t seem to be in the cards. Not after the S&amp;P 500 index finished the week down 1.2%, while the Dow Jones Industrial Average fell 319.26 points, or 0.9%, and the Nasdaq Composite slumped 2.6%. The small-cap Russell 2000, down 3.9% for the week, closed in correction territory on Wednesday.</p><p><blockquote>我们曾希望有更好的结果，比如年底前的融化。但由于发现了Covid-19的奥密克戎变种，股市在过去一周黑色星期五暴跌后暴跌，这似乎不太可能。标普500指数本周下跌1.2%，道琼斯工业平均指数下跌319.26点，跌幅0.9%，纳斯达克综合指数下跌2.6%。小盘股罗素2000指数本周下跌3.9%，周三收于回调区域。</blockquote></p><p> Those numbers fail to capture just how volatile the week was. After a small rally on Monday, the Dow tumbled 652.22 points on Tuesday. On Wednesday, it rallied in early trading before giving back those gains—and then some—to finish down 461.68 points, and only seven stocks in the S&amp;P 500, including Apple (ticker: AAPL), managed to finish higher. On Thursday, the Dow had its biggest gain since March, but Apple dropped 0.6% following reports it was preparing suppliers for lukewarm iPhone demand.</p><p><blockquote>这些数字未能反映出本周的波动程度。在周一小幅上涨后，道琼斯指数周二暴跌652.22点。周三，该股在早盘交易中上涨，随后回吐了部分涨幅，最终下跌461.68点，标普500只有包括苹果（股票代码：AAPL）在内的七只股票收盘走高。周四，道琼斯指数创3月份以来最大涨幅，但苹果下跌0.6%，此前有报道称该公司正在让供应商为iPhone需求冷淡做好准备。</blockquote></p><p> On Friday, the Nasdaq got hammered as large, pricey growth stocks, including Adobe (ADBE), Tesla (TSLA), and Nvidia (NVDA), finally got caught up in the selling. “Given the overvalued conditions of many ‘growth’ names, the latter bore the brunt of this week’s correction,” observes Canaccord Genuity analyst Martin Roberge.</p><p><blockquote>周五，纳斯达克遭受重创，包括Adobe(ADBE)、特斯拉(TSLA)和英伟达(NVDA)在内的大型、昂贵的成长型股票最终陷入抛售。Canaccord Genuity分析师马丁·罗伯格(Martin Roberge)表示：“鉴于许多‘成长型’公司的估值过高，后者在本周的调整中首当其冲。”</blockquote></p><p> The S&amp;P 500 finished the week 3.5% off its 2021 high, which is a bit less than the index fell in September, when everyone was predicting a correction that never arrived. This selloff looks like it has more legs. Gone are the generalized fears about valuations and a looming earnings season—which turned out to be just fine—replaced by a new Covid variant and the start of the Federal Reserve’s tightening cycle.</p><p><blockquote>标普500本周收盘较2021年高点下跌3.5%，略低于该指数9月份的跌幅，当时所有人都预测回调从未到来。这次抛售看起来有更多的腿。对估值和即将到来的财报季的普遍担忧已经一去不复返了——事实证明财报季还不错——取而代之的是新的新冠病毒变种和美联储紧缩周期的开始。</blockquote></p><p> Omicron was bad enough on its own—no one knows how much it will hurt the economy—but then Fed Chairman Jerome Powell had to go and acknowledge that inflation isn’t transitory after all and the taper might have to go faster than expected.</p><p><blockquote>奥密克戎本身就已经够糟糕的了——没有人知道它会对经济造成多大伤害——但随后美联储主席Jerome Powell不得不承认通胀毕竟不是暂时的，缩减可能需要比预期更快。</blockquote></p><p> “He leaned on that message so strongly, it tells you some strategy change is coming,” says Dave Donabedian, chief investment officer at CIBC Private Wealth US.</p><p><blockquote>CIBC Private Wealth US首席投资官戴夫·多纳贝迪安(Dave Donabedian)表示：“他非常依赖这一信息，这告诉你一些策略即将发生变化。”</blockquote></p><p> The timing was a bit strange. Headlines about Omicron being found in the U.S. were already troubling the markets. Powell made it worse. Still, rather than asking why he chose that day to make his comments, maybe investors should be asking how much stronger his statement could have been. “Imagine what the speech would have sounded like without the variant,” says MKM Partners Chief Economist Michael Darda.</p><p><blockquote>时机有点奇怪。有关奥密克戎在美国被发现的头条新闻已经让市场感到不安。鲍威尔让情况变得更糟。尽管如此，也许投资者不应该问他为什么选择那天发表评论，而应该问他的声明还能有多强烈。MKM Partners首席经济学家迈克尔·达尔达(Michael Darda)表示：“想象一下，如果没有这种变体，演讲听起来会是什么样子。”</blockquote></p><p> The thing is, Powell is absolutely right to be tacking hawkish, given the strength of the U.S. economy. The jobs report, despite a big headline miss, was solid, with the unemployment rate falling to 4.2% and the participation rate rising to 61.8%. The Institute for Supply Management’s non-manufacturing survey hit 69.1, a record, while the manufacturing index also remains above 60.</p><p><blockquote>问题是，鉴于美国经济的实力，鲍威尔采取鹰派立场是绝对正确的。就业报告尽管出现了重大失误，但表现稳健，失业率降至4.2%，参与率升至61.8%。美国供应管理协会的非制造业调查达到创纪录的69.1，而制造业指数也保持在60以上。</blockquote></p><p> The data has been so good that the Atlanta Fed’s GDPNow estimate for fourth-quarter growth in the U.S. recently hit 9.7%. The consumer price index, which is set to be released this coming Friday, is expected to have risen 0.65% in November. All of that suggests that the economy is ready for tighter monetary policy, even if the stock market isn’t. “Powell is right, even if the market freaks out a little bit,” Darda says.</p><p><blockquote>数据如此之好，以至于亚特兰大联储对美国第四季度增长的GDPNow估计最近达到了9.7%。定于本周五发布的消费者价格指数预计11月份上涨0.65%。所有这些都表明，经济已为收紧货币政策做好了准备，即使股市尚未做好准备。“鲍威尔是对的，即使市场有点恐慌，”达尔达说。</blockquote></p><p> Don’t be surprised if it freaks out a bit more.</p><p><blockquote>如果它变得更疯狂一点，不要感到惊讶。</blockquote></p><p> <b>Morgan Stanley Sees Fed as Bigger Threat to Stocks Than Omicron</b></p><p><blockquote><b>大摩认为美联储对股市的威胁比奥密克戎更大</b></blockquote></p><p> Stock investors probably have more important things to worry about than the emergence of the new coronavirus strain, according to Morgan Stanley strategists.</p><p><blockquote>摩根士丹利策略师表示，股票投资者可能有比新冠病毒株的出现更重要的事情需要担心。</blockquote></p><p> While they are “not that concerned about omicron as a major risk factor for equities,” the strategists see headwinds building elsewhere, after Federal Reserve Chairman Jerome Powell signaled the possible accelerated tapering of asset purchases. “Tapering is tightening for the markets and it will lead to lower valuations like it always does at this stage of any recovery,” the strategists led by Michael Wilson wrote in a note to clients.</p><p><blockquote>虽然他们“不太担心奥密克戎是股市的主要风险因素”，但在美联储主席Jerome Powell暗示可能加速缩减资产购买后，策略师们认为其他地方的阻力正在增加。迈克尔·威尔逊（Michael Wilson）领导的策略师在给客户的一份报告中写道：“缩减购债规模正在收紧市场，这将导致估值下降，就像在复苏的现阶段一样。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2480f1a0450a30811b2f0b6e1a23b008\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The comments echo the views of other strategists, including those at JPMorgan Chase &amp; Co., who&nbsp;singled out a hawkish turn&nbsp;by central banks as the main risk to their outlook for stocks. But while JPMorgan&nbsp;reiterated on Monday&nbsp;that its base-case scenario is for the equities rally to continue into next year, Morgan Stanley sees the S&amp;P 500 trending lower, and valuations declining.</p><p><blockquote>这些评论呼应了其他策略师的观点，包括摩根大通的策略师，他们指出央行的鹰派转向是他们股市前景的主要风险。不过，尽管摩根大通周一重申，其基本情景是股市上涨将持续到明年，但摩根士丹利认为标普500呈走低趋势，估值也在下降。</blockquote></p><p></p><p> “Equity markets are resuming their de-rating process that began over nine months ago for numerous reasons,” the Morgan Stanley strategists wrote. They forecast that the S&amp;P 500 forward price-to-earnings ratio would fall by about 12%, with that decline potentially deeper “as equity investors start to demand much higher risk premiums in anticipation of considerably higher long-term interest rates.”</p><p><blockquote>摩根士丹利策略师写道：“出于多种原因，股市正在恢复九个多月前开始的降级过程。”他们预测，标普500的远期市盈率将下降约12%，而且“随着股票投资者预期长期利率大幅上升，开始要求更高的风险溢价”，降幅可能会更深。</blockquote></p><p> UBS Global Wealth Management strategists said Monday they “expect a period of heightened volatility ahead as investors attempt to assess the risks from omicron and the Fed, based on insufficient and patchy data.” While they advise investors to refrain from a hasty exit from risk assets, the strategists, led by Mark Haefele, said monetary tightening could present a bear case to their base scenario.</p><p><blockquote>瑞银全球财富管理策略师周一表示，他们“预计未来一段时间波动加剧，因为投资者试图根据不充分且不完整的数据来评估奥密克戎和美联储的风险。”虽然他们建议投资者不要仓促退出风险资产，但以马克·海菲尔为首的策略师表示，货币紧缩可能会给他们的基本情景带来看跌理由。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stock-market-covid-omicron-federal-reserve-51638575944\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-covid-omicron-federal-reserve-51638575944","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138852642","content_text":"Now can we have a correction?\nWe’d hoped for something better, like a melt-up into the end of the year. But after watching the stock market get knocked down this past week after slumping on Black Friday—thanks to the discovery of the Omicron variant of Covid-19—it doesn’t seem to be in the cards. Not after the S&P 500 index finished the week down 1.2%, while the Dow Jones Industrial Average fell 319.26 points, or 0.9%, and the Nasdaq Composite slumped 2.6%. The small-cap Russell 2000, down 3.9% for the week, closed in correction territory on Wednesday.\nThose numbers fail to capture just how volatile the week was. After a small rally on Monday, the Dow tumbled 652.22 points on Tuesday. On Wednesday, it rallied in early trading before giving back those gains—and then some—to finish down 461.68 points, and only seven stocks in the S&P 500, including Apple (ticker: AAPL), managed to finish higher. On Thursday, the Dow had its biggest gain since March, but Apple dropped 0.6% following reports it was preparing suppliers for lukewarm iPhone demand.\nOn Friday, the Nasdaq got hammered as large, pricey growth stocks, including Adobe (ADBE), Tesla (TSLA), and Nvidia (NVDA), finally got caught up in the selling. “Given the overvalued conditions of many ‘growth’ names, the latter bore the brunt of this week’s correction,” observes Canaccord Genuity analyst Martin Roberge.\nThe S&P 500 finished the week 3.5% off its 2021 high, which is a bit less than the index fell in September, when everyone was predicting a correction that never arrived. This selloff looks like it has more legs. Gone are the generalized fears about valuations and a looming earnings season—which turned out to be just fine—replaced by a new Covid variant and the start of the Federal Reserve’s tightening cycle.\nOmicron was bad enough on its own—no one knows how much it will hurt the economy—but then Fed Chairman Jerome Powell had to go and acknowledge that inflation isn’t transitory after all and the taper might have to go faster than expected.\n“He leaned on that message so strongly, it tells you some strategy change is coming,” says Dave Donabedian, chief investment officer at CIBC Private Wealth US.\nThe timing was a bit strange. Headlines about Omicron being found in the U.S. were already troubling the markets. Powell made it worse. Still, rather than asking why he chose that day to make his comments, maybe investors should be asking how much stronger his statement could have been. “Imagine what the speech would have sounded like without the variant,” says MKM Partners Chief Economist Michael Darda.\nThe thing is, Powell is absolutely right to be tacking hawkish, given the strength of the U.S. economy. The jobs report, despite a big headline miss, was solid, with the unemployment rate falling to 4.2% and the participation rate rising to 61.8%. The Institute for Supply Management’s non-manufacturing survey hit 69.1, a record, while the manufacturing index also remains above 60.\nThe data has been so good that the Atlanta Fed’s GDPNow estimate for fourth-quarter growth in the U.S. recently hit 9.7%. The consumer price index, which is set to be released this coming Friday, is expected to have risen 0.65% in November. All of that suggests that the economy is ready for tighter monetary policy, even if the stock market isn’t. “Powell is right, even if the market freaks out a little bit,” Darda says.\nDon’t be surprised if it freaks out a bit more.\nMorgan Stanley Sees Fed as Bigger Threat to Stocks Than Omicron\nStock investors probably have more important things to worry about than the emergence of the new coronavirus strain, according to Morgan Stanley strategists.\nWhile they are “not that concerned about omicron as a major risk factor for equities,” the strategists see headwinds building elsewhere, after Federal Reserve Chairman Jerome Powell signaled the possible accelerated tapering of asset purchases. “Tapering is tightening for the markets and it will lead to lower valuations like it always does at this stage of any recovery,” the strategists led by Michael Wilson wrote in a note to clients.\n\nThe comments echo the views of other strategists, including those at JPMorgan Chase & Co., who singled out a hawkish turn by central banks as the main risk to their outlook for stocks. But while JPMorgan reiterated on Monday that its base-case scenario is for the equities rally to continue into next year, Morgan Stanley sees the S&P 500 trending lower, and valuations declining.\n“Equity markets are resuming their de-rating process that began over nine months ago for numerous reasons,” the Morgan Stanley strategists wrote. They forecast that the S&P 500 forward price-to-earnings ratio would fall by about 12%, with that decline potentially deeper “as equity investors start to demand much higher risk premiums in anticipation of considerably higher long-term interest rates.”\nUBS Global Wealth Management strategists said Monday they “expect a period of heightened volatility ahead as investors attempt to assess the risks from omicron and the Fed, based on insufficient and patchy data.” While they advise investors to refrain from a hasty exit from risk assets, the strategists, led by Mark Haefele, said monetary tightening could present a bear case to their base scenario.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603552841,"gmtCreate":1638431796520,"gmtModify":1638431796734,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Hope to see some recovering tonight 🙏&nbsp;","listText":"Hope to see some recovering tonight 🙏&nbsp;","text":"Hope to see some recovering tonight 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/603552841","repostId":"1101300146","repostType":4,"repost":{"id":"1101300146","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638428501,"share":"https://www.laohu8.com/m/news/1101300146?lang=zh_CN&edition=full","pubTime":"2021-12-02 15:01","market":"fut","language":"en","title":"Dow Jones futures rose nearly 1%, S&P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.<blockquote>道琼斯期货涨近1%，标普500期货涨0.85%，纳斯达克100期货涨0.64%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101300146","media":"Tiger Newspress","summary":"Dow Jones futures rose nearly 1%, S&P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.","content":"<p>Dow Jones futures rose&nbsp;nearly 1%, S&amp;P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.<img src=\"https://static.tigerbbs.com/7cc5fbc2c078d2e811d0be03d2c4950f\" tg-width=\"542\" tg-height=\"184\" width=\"100%\" height=\"auto\"></p><p><blockquote>道琼斯期货涨近1%，标普500期货涨0.85%，纳斯达克100期货涨0.64%。</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>Dow Jones futures rose nearly 1%, S&P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.<blockquote>道琼斯期货涨近1%，标普500期货涨0.85%，纳斯达克100期货涨0.64%。</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\">\nDow Jones futures rose nearly 1%, S&P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.<blockquote>道琼斯期货涨近1%，标普500期货涨0.85%，纳斯达克100期货涨0.64%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-02 15:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Dow Jones futures rose&nbsp;nearly 1%, S&amp;P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.<img src=\"https://static.tigerbbs.com/7cc5fbc2c078d2e811d0be03d2c4950f\" tg-width=\"542\" tg-height=\"184\" width=\"100%\" height=\"auto\"></p><p><blockquote>道琼斯期货涨近1%，标普500期货涨0.85%，纳斯达克100期货涨0.64%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101300146","content_text":"Dow Jones futures rose nearly 1%, S&P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.","news_type":1,"symbols_score_info":{"YMmain":0.9,"ESmain":0.9,"NQmain":0.9}},"isVote":1,"tweetType":1,"viewCount":3000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603014830,"gmtCreate":1638338640719,"gmtModify":1638338640831,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"I seee","listText":"I seee","text":"I seee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603014830","repostId":"1157895589","repostType":4,"isVote":1,"tweetType":1,"viewCount":2484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609233815,"gmtCreate":1638284798032,"gmtModify":1638284798138,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Never ending virus... please bring us to the end of tunneel","listText":"Never ending virus... please bring us to the end of tunneel","text":"Never ending virus... please bring us to the end of tunneel","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/609233815","repostId":"1167187587","repostType":4,"repost":{"id":"1167187587","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638282732,"share":"https://www.laohu8.com/m/news/1167187587?lang=zh_CN&edition=full","pubTime":"2021-11-30 22:32","market":"us","language":"en","title":"Stocks open lower as investors assess omicron concerns<blockquote>投资者评估奥密克戎担忧，股市低开</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167187587","media":"Tiger Newspress","summary":"Stocks tumbled on Tuesday, reversing Monday's rebound on Wall Street, as investors reassessed risks ","content":"<p>Stocks tumbled on Tuesday, reversing Monday's rebound on Wall Street, as investors reassessed risks associated with the new omicron Covid variant.</p><p><blockquote>由于投资者重新评估与新的奥密克戎Covid变种相关的风险，周二股市暴跌，扭转了周一华尔街的反弹。</blockquote></p><p> The Dow Jones Industrial Average dropped about 290 points, or 0.8%. The S&amp;P 500 shed 0.64%. The technology-heavy Nasdaq Composite shed about 0.4%. The small-cap benchmark Russell 2000 dropped 0.7%.</p><p><blockquote>道琼斯工业平均指数下跌约290点，跌幅0.8%。标普500下跌0.64%。以科技股为主的纳斯达克综合指数下跌约0.4%。小盘股基准罗素2000指数下跌0.7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/078050fb74fa44676c309ee766ee815d\" tg-width=\"1080\" tg-height=\"472\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Tuesday's reversal came after&nbsp;Moderna&nbsp;CEO Stephane Bancel told the Financial Times that he&nbsp;expects existing vaccines to be less effective&nbsp;against the new variant. The CEO told the paper there could be a \"material drop\" in the current vaccines' effectiveness against this variant. Bancel told CNBC on Monday that it could take&nbsp;months to develop and ship an omicron-specific vaccine. Moderna was down nearly 4%.</p><p><blockquote>周二的逆转发生在Moderna首席执行官Stephane Bancel告诉英国《金融时报》，他预计现有疫苗对新变种的效果较差之后。这位首席执行官告诉该报，当前疫苗针对这种变种的有效性可能会“大幅下降”。班塞尔周一告诉CNBC，开发和运送针对奥密克戎的疫苗可能需要几个月的时间。Moderna下跌近4%。</blockquote></p><p> Separately,Regeneron&nbsp;said its antibody treatment may have reduced effectiveness against omicron. Regeneron shares lost about 1%.</p><p><blockquote>另外，再生元表示，其抗体治疗可能降低了对抗奥密克戎病的有效性。再生元股价下跌约1%。</blockquote></p><p> Travel shares, which led Friday's drop and then gained on Monday, were taking hits once again Tuesday.Expedia Group&nbsp;fell 2%,Norwegian Cruise Line Holdings&nbsp;and&nbsp;American Airlines&nbsp;&nbsp;shares&nbsp;tumbled about&nbsp;2%.</p><p><blockquote>周五领跌、周一上涨的旅游股周二再次遭受打击。Expedia Group下跌2%，挪威邮轮控股公司和美国航空股价下跌约2%。</blockquote></p><p> Bucking the broader market's trend, stay-at-home stock Netflix rose 1.4% and Tesla gained 1.5%.</p><p><blockquote>与大盘走势相反，居家股Netflix上涨1.4%，特斯拉上涨1.5%。</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>Stocks open lower as investors assess omicron concerns<blockquote>投资者评估奥密克戎担忧，股市低开</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\">\nStocks open lower as investors assess omicron concerns<blockquote>投资者评估奥密克戎担忧，股市低开</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-30 22:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stocks tumbled on Tuesday, reversing Monday's rebound on Wall Street, as investors reassessed risks associated with the new omicron Covid variant.</p><p><blockquote>由于投资者重新评估与新的奥密克戎Covid变种相关的风险，周二股市暴跌，扭转了周一华尔街的反弹。</blockquote></p><p> The Dow Jones Industrial Average dropped about 290 points, or 0.8%. The S&amp;P 500 shed 0.64%. The technology-heavy Nasdaq Composite shed about 0.4%. The small-cap benchmark Russell 2000 dropped 0.7%.</p><p><blockquote>道琼斯工业平均指数下跌约290点，跌幅0.8%。标普500下跌0.64%。以科技股为主的纳斯达克综合指数下跌约0.4%。小盘股基准罗素2000指数下跌0.7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/078050fb74fa44676c309ee766ee815d\" tg-width=\"1080\" tg-height=\"472\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Tuesday's reversal came after&nbsp;Moderna&nbsp;CEO Stephane Bancel told the Financial Times that he&nbsp;expects existing vaccines to be less effective&nbsp;against the new variant. The CEO told the paper there could be a \"material drop\" in the current vaccines' effectiveness against this variant. Bancel told CNBC on Monday that it could take&nbsp;months to develop and ship an omicron-specific vaccine. Moderna was down nearly 4%.</p><p><blockquote>周二的逆转发生在Moderna首席执行官Stephane Bancel告诉英国《金融时报》，他预计现有疫苗对新变种的效果较差之后。这位首席执行官告诉该报，当前疫苗针对这种变种的有效性可能会“大幅下降”。班塞尔周一告诉CNBC，开发和运送针对奥密克戎的疫苗可能需要几个月的时间。Moderna下跌近4%。</blockquote></p><p> Separately,Regeneron&nbsp;said its antibody treatment may have reduced effectiveness against omicron. Regeneron shares lost about 1%.</p><p><blockquote>另外，再生元表示，其抗体治疗可能降低了对抗奥密克戎病的有效性。再生元股价下跌约1%。</blockquote></p><p> Travel shares, which led Friday's drop and then gained on Monday, were taking hits once again Tuesday.Expedia Group&nbsp;fell 2%,Norwegian Cruise Line Holdings&nbsp;and&nbsp;American Airlines&nbsp;&nbsp;shares&nbsp;tumbled about&nbsp;2%.</p><p><blockquote>周五领跌、周一上涨的旅游股周二再次遭受打击。Expedia Group下跌2%，挪威邮轮控股公司和美国航空股价下跌约2%。</blockquote></p><p> Bucking the broader market's trend, stay-at-home stock Netflix rose 1.4% and Tesla gained 1.5%.</p><p><blockquote>与大盘走势相反，居家股Netflix上涨1.4%，特斯拉上涨1.5%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167187587","content_text":"Stocks tumbled on Tuesday, reversing Monday's rebound on Wall Street, as investors reassessed risks associated with the new omicron Covid variant.\nThe Dow Jones Industrial Average dropped about 290 points, or 0.8%. The S&P 500 shed 0.64%. The technology-heavy Nasdaq Composite shed about 0.4%. The small-cap benchmark Russell 2000 dropped 0.7%.\n\nTuesday's reversal came after Moderna CEO Stephane Bancel told the Financial Times that he expects existing vaccines to be less effective against the new variant. The CEO told the paper there could be a \"material drop\" in the current vaccines' effectiveness against this variant. Bancel told CNBC on Monday that it could take months to develop and ship an omicron-specific vaccine. Moderna was down nearly 4%.\nSeparately,Regeneron said its antibody treatment may have reduced effectiveness against omicron. Regeneron shares lost about 1%.\nTravel shares, which led Friday's drop and then gained on Monday, were taking hits once again Tuesday.Expedia Group fell 2%,Norwegian Cruise Line Holdings and American Airlines  shares tumbled about 2%.\nBucking the broader market's trend, stay-at-home stock Netflix rose 1.4% and Tesla gained 1.5%.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609230272,"gmtCreate":1638284737231,"gmtModify":1638284737231,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Waaa super volatile&nbsp;","listText":"Waaa super volatile&nbsp;","text":"Waaa super 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knee kerk","listText":"Oh knee kerk","text":"Oh knee kerk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875875307","repostId":"1171471230","repostType":4,"isVote":1,"tweetType":1,"viewCount":1090,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875876401,"gmtCreate":1637636819496,"gmtModify":1637636875995,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"interest rate hike affects the stock market, no.?&nbsp;","listText":"interest rate hike affects the stock market, no.?&nbsp;","text":"interest rate hike affects the stock market, no.?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875876401","repostId":"1150397775","repostType":4,"repost":{"id":"1150397775","kind":"news","pubTimestamp":1637632895,"share":"https://www.laohu8.com/m/news/1150397775?lang=zh_CN&edition=full","pubTime":"2021-11-23 10:01","market":"us","language":"en","title":"How one interest-rate hike by a small African nation could derail Powell’s Fed policy plans and sink stocks<blockquote>一个非洲小国的一次加息如何可能破坏鲍威尔的美联储政策计划并导致股市下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150397775","media":"MarketWatch","summary":"Investors need to stop obsessing about the Fed taper and pay attention to the dozens of central bank","content":"<p>Investors need to stop obsessing about the Fed taper and pay attention to the dozens of central banks that have hiked rates so far this year</p><p><blockquote>投资者需要停止对美联储taper的痴迷，并关注今年迄今已加息的数十家央行</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f544ba36d7e4b99b76e8de8c1788fb0\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"><span>MarketWatch photo illustration/Getty Images, iStockphoto</span></p><p><blockquote><p class=\"t-img-caption\"><span>MarketWatch照片插图/Getty Images、iStockphoto</span></p></blockquote></p><p> The Federal Reserve is beginning the first phase of its very gentle, very conditional, very cautious path to stimulus removal.&nbsp; Fed Chair Jerome Powell, just nominated for a second term at the helm of the U.S. central bank, is intent on pushing back against any speculation about thinking about talking about rate hikes.</p><p><blockquote>美联储正在开始非常温和、非常有条件、非常谨慎地取消刺激措施的第一阶段。刚刚被提名连任美联储主席杰罗姆·鲍威尔（Jerome Powell）打算反击任何关于考虑谈论加息的猜测。</blockquote></p><p> But around the rest of the world, something quite different is going on in the halls of central monetary authorities from Latin America to Eastern Europe, Africa, and lately even some developed-market countries.</p><p><blockquote>但在世界其他地区，从拉丁美洲到东欧、非洲，甚至最近一些发达市场国家，中央货币当局的大厅里正在发生完全不同的事情。</blockquote></p><p> Back in January 2021 I wrote a half-joking, half-serious tweet, remarking that the 300-basis point interest rate hike by the Bank of Mozambique was a “Sign of things to come…”</p><p><blockquote>早在2021年1月，我就写了一条半开玩笑、半严肃的推文，称莫桑比克央行加息300个基点是“即将发生的事情的迹象……”</blockquote></p><p> It was Mozambique’s first interest-rate hike in four years, and came in response to what it described at the time as a “substantial upward revision of its outlook for inflation.”</p><p><blockquote>这是莫桑比克四年来首次加息，是为了回应当时所说的“通胀前景大幅上调”。</blockquote></p><p> Fast-forward 10 months. Without really planning it, I decided to add to that tweet — making a live thread tracking the global policy pivot from rate cuts to rate hikes.&nbsp; Since then I’ve noted rate increases both large and small by the central banks of Azerbaijan, Zambia, Brazil, Russia, Iceland, Angola, Sri Lanka, South Korea, Norway, and New Zealand, to name a few.&nbsp;In total, I have counted 94 interest rate hikes across 36 central banks so far this year.</p><p><blockquote>快进10个月。在没有真正计划的情况下，我决定在那条推文中添加内容——制作一个跟踪全球政策从降息到加息的实时帖子。从那以后，我注意到阿塞拜疆、赞比亚、巴西、俄罗斯、冰岛、安哥拉、斯里兰卡、韩国、挪威和新西兰等国央行大大小小地加息。今年迄今为止，我总共统计了36家央行94次加息。</blockquote></p><p> Now obviously if this was just one rate hike by one central bank, or even a handful, it might not even warrant a mention.&nbsp;But when you start talking about these kinds of numbers, it’s hard not to notice a pattern. In that respect, the chart below does a good job of mapping that pattern precisely:</p><p><blockquote>显然，如果这只是一家央行的一次加息，甚至是几家央行的一次加息，甚至可能不值得一提。但当你开始谈论这类数字时，很难不注意到一种模式。在这方面，下图很好地精确地映射了这种模式：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/29b8159041554381447c992520819a45\" tg-width=\"700\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It shows the proportion of central banks in rate-hike mode (defined as the last interest rate move being an increase).&nbsp;After dropping to zero early in 2020, fully two-thirds of emerging market central banks now have pivoted into rate-hike mode.</p><p><blockquote>它显示了处于加息模式（定义为最后一次利率变动为加息）的央行比例。在2020年初降至零后，整整三分之二的新兴市场央行现在已经转向加息模式。</blockquote></p><p> There are a few common themes as to why countries around the world are raising rates, including inflation, currency and financial stability.&nbsp; Let’s take a closer look:</p><p><blockquote>关于世界各国为何加息，有几个共同的主题，包括通胀、货币和金融稳定，我们来仔细看看：</blockquote></p><p> <b>Inflation:</b> We quickly went from few people talking about inflation at the start of the year to inflation being perhaps the hot macro topic of the past few months.</p><p><blockquote><b>通货膨胀：</b>我们很快就从年初很少有人谈论通胀变成了过去几个月通胀可能是热门的宏观话题。</blockquote></p><p> Base effects (easier to record a higher pace of growth when comparing to a low base), bounce backs (reopening + stimulus = strong demand), and backlogs (supply-chain hell) combined to drive a sharp shift in both inflation and inflation expectations.</p><p><blockquote>基数效应（与低基数相比，更容易记录更高的增长速度）、反弹（重新开放+刺激=强劲需求）和积压（供应链地狱）共同推动了通胀和通胀预期的急剧转变。</blockquote></p><p> Emerging economies are particularly sensitive to inflation. In recent times, as a group, they’ve tended to see an annual rate of inflation twice that which you would see in developed economies.&nbsp; Moreover, you only need to go back just over 20 years to see hyperinflation in emerging economies (as a group they saw peak inflation of 115% in 1993, and double-digit inflation all the way through to 2000).</p><p><blockquote>新兴经济体对通胀尤为敏感。最近，作为一个群体，他们的年通胀率往往是发达经济体的两倍。此外，你只需要回到20多年前就能看到新兴经济体的恶性通胀（作为一个群体，他们在1993年看到了115%的峰值通胀，一直到2000年都是两位数的通胀）。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f12c26efb245d585640b77fb54875e5f\" tg-width=\"700\" tg-height=\"479\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Think about your average emerging market central bank governor — many of them were probably junior economists 20 years ago. Their formative years were no doubt heavily influenced by runaway inflation.&nbsp; Little wonder then they are hot on the trigger to hike rates as inflation heats up.</p><p><blockquote>想想普通的新兴市场央行行长——他们中的许多人在20年前可能还是初级经济学家。毫无疑问，他们的成长岁月深受失控通货膨胀的影响。难怪随着通胀升温，他们急于加息。</blockquote></p><p> <b>Currency:</b> Many central banks have also lifted rates in effort to prop their currencies up as the U.S. dollar&nbsp;strengthens. The line of reasoning here is two-fold: higher inflation (all else equal) means a fundamentally weaker currency, and higher interest rates appeal to carry traders looking to bank the higher yields: bringing flows and lifting demand for a country’s currency.</p><p><blockquote><b>货币：</b>随着美元走强，许多央行也提高了利率，以支撑本国货币。这里的推理有两个方面：更高的通胀（其他条件相同）意味着货币从根本上走弱，而更高的利率对希望存入更高收益率的套利交易者有吸引力：带来资金流动并提振对一国货币的需求。</blockquote></p><p> <b>Financial stability:</b> This term is basically a euphemism for “try not to blow up bubbles.”&nbsp; In other words, if you keep rates too low for too long you risk igniting asset-price bubbles, which if they burst in a chaotic fashion can trigger financial instability.&nbsp; Case in point: the housing bubble of the mid-2000s, its subsequent bursting and the ensuing Great Financial Crisis.</p><p><blockquote><b>财务稳定性：</b>这个术语基本上是“尽量不要吹大泡沫”的委婉说法。换句话说，如果你长期将利率保持在过低水平，你就有可能点燃资产价格泡沫，如果泡沫以混乱的方式破裂，可能会引发金融不稳定。典型的例子是2000年代中期的房地产泡沫，随后的破裂和随之而来的大金融危机。</blockquote></p><p> On that note, we probably should pay more attention to this aspect, as developed-economy housing market valuations have already sailed past the pre-financial crisis highs.</p><p><blockquote>在这一点上，我们可能应该更加关注这方面，因为发达经济体的房地产市场估值已经超过了金融危机前的高点。</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/1e4ea7b7b6c026d4abe60466d5bc8ac5\" tg-width=\"700\" tg-height=\"449\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yes that’s right: Ultra-low borrowing costs have helped push housing market valuations in some countries well above pre-financial crisis levels.&nbsp; This is one reason why it’s said that monetary policy is a blunt tool — it roughly does the job when it comes to avoiding deeper economic recessions and depressions, but the price is often higher asset prices.</p><p><blockquote>是的，没错：超低的借贷成本帮助一些国家的房地产市场估值远高于金融危机前的水平。这就是为什么有人说货币政策是一种生硬工具的原因之一——在避免更深的经济衰退和萧条方面，它大致完成了工作，但代价往往是更高的资产价格。</blockquote></p><p>   “Expect less of a tailwind for risk assets, upward pressure on borrowing costs, and likely more volatile markets going forward.”  The global policy pivot to rate hikes (likely to be soon joined by Canada and the U.K.) means investors can expect incrementally less of a tailwind for risk assets, upward pressure on borrowing costs, and likely more volatile markets going forward.</p><p><blockquote>“预计风险资产的顺风会减少，借贷成本会面临上行压力，未来市场可能会更加波动。”全球政策转向加息（加拿大和英国可能很快也会加入）意味着投资者可以预期风险资产的顺风会逐渐减弱，借贷成本会面临上行压力，未来市场可能会更加波动。</blockquote></p><p> Indeed, mapping out the previous paths in policy, the chart below shows how shifts from easing to tightening at best means a leveling-out or regime shift in the market; e.g. from a near vertical line to more chopping and ranging.&nbsp; At worst, if tight enough for long enough, this policy change can trigger an outright shift from bull market to bear market.</p><p><blockquote>事实上，下图描绘了之前的政策路径，显示了从宽松到紧缩的转变充其量意味着市场的平稳或制度转变；例如，从一条接近垂直线到更多的切割和范围。在最坏的情况下，如果足够长的时间足够紧张，这种政策变化可能会引发从牛市到熊市的彻底转变。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d54c8bc1e0bc437bcfc2ce03e8655e14\" tg-width=\"700\" tg-height=\"489\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> You might be thinking, what do all these random small, emerging-market central banks hiking interest rates have to do with the S&amp;P500?&nbsp;You’ve probably heard the saying that when the Fed sneezes, the rest of the world catches a cold, but in this sense, given the Fed is still likely to be dragging its feet on policy for some time, it’s almost more that the rest of the world catches a cold and U.S. equities sneeze.</p><p><blockquote>你可能会想，所有这些随机的小型新兴市场央行加息与标准普尔500有什么关系？你可能听说过这样一句话，当美联储打喷嚏时，世界其他地区就会感冒，但从这个意义上说，鉴于美联储仍有可能在一段时间内拖延政策，几乎更多的是世界其他地区感冒了，美国股市也会打喷嚏。</blockquote></p><p> You only need to go back to 2015-16 where much of the volatility in U.S. markets back then was driven or triggered by issues in China and emerging markets, or in the post-financial crisis period when the eurozone debt crisis was raging and weighing on global investor sentiment.</p><p><blockquote>你只需要回到2015-16年，当时美国市场的波动很大程度上是由中国和新兴市场的问题驱动或引发的，或者是后金融危机时期，欧元区债务危机肆虐并拖累全球投资者情绪。</blockquote></p><p> Beyond regional crises — which can be precipitated by premature stimulus removal — the bigger issue is the common themes motivating monetary policy.</p><p><blockquote>除了过早取消刺激措施可能引发的地区危机之外，更大的问题是激励货币政策的共同主题。</blockquote></p><p> While each central bank has its own set of circumstances, the common theme is a reaction to higher inflation, stronger growth and a desire to avoid overcooking markets.&nbsp; It’s the smaller/developing-country central banks that are most exposed to these global trends, and so we can look at them as bellwethers or leading indicators.</p><p><blockquote>虽然每个央行都有自己的一套情况，但共同的主题是对更高的通胀、更强劲的增长和避免市场过度烹饪的愿望的反应。小国/发展中国家的央行最容易受到这些全球趋势的影响，因此我们可以将它们视为领头羊或领先指标。</blockquote></p><p> The forces in motion that triggered a rate hike in Mozambique are the same forces that will ultimately drive the Fed to step away from stimulus.</p><p><blockquote>引发莫桑比克加息的力量与最终将促使美联储放弃刺激措施的力量相同。</blockquote></p><p> It may take time, but one thing I know to be true is that these things go in cycles.&nbsp; While it looks and feels like the Fed has your back forever in the markets right now, this won’t be always true.&nbsp; “Don’t fight the Fed” means swim with the tide, not against it, and the tides here are clearly turning.</p><p><blockquote>这可能需要时间，但有一件事我知道是真的，那就是这些事情是循环往复的。虽然现在看起来和感觉上美联储在市场上永远支持你，但这并不总是正确的。“不要与美联储对抗”意味着随波逐流，而不是逆潮流而动，这里的潮流显然正在转向。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How one interest-rate hike by a small African nation could derail Powell’s Fed policy plans and sink stocks<blockquote>一个非洲小国的一次加息如何可能破坏鲍威尔的美联储政策计划并导致股市下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; 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}\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\">\nHow one interest-rate hike by a small African nation could derail Powell’s Fed policy plans and sink stocks<blockquote>一个非洲小国的一次加息如何可能破坏鲍威尔的美联储政策计划并导致股市下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-11-23 10:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Investors need to stop obsessing about the Fed taper and pay attention to the dozens of central banks that have hiked rates so far this year</p><p><blockquote>投资者需要停止对美联储taper的痴迷，并关注今年迄今已加息的数十家央行</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f544ba36d7e4b99b76e8de8c1788fb0\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"><span>MarketWatch photo illustration/Getty Images, iStockphoto</span></p><p><blockquote><p class=\"t-img-caption\"><span>MarketWatch照片插图/Getty Images、iStockphoto</span></p></blockquote></p><p> The Federal Reserve is beginning the first phase of its very gentle, very conditional, very cautious path to stimulus removal.&nbsp; Fed Chair Jerome Powell, just nominated for a second term at the helm of the U.S. central bank, is intent on pushing back against any speculation about thinking about talking about rate hikes.</p><p><blockquote>美联储正在开始非常温和、非常有条件、非常谨慎地取消刺激措施的第一阶段。刚刚被提名连任美联储主席杰罗姆·鲍威尔（Jerome Powell）打算反击任何关于考虑谈论加息的猜测。</blockquote></p><p> But around the rest of the world, something quite different is going on in the halls of central monetary authorities from Latin America to Eastern Europe, Africa, and lately even some developed-market countries.</p><p><blockquote>但在世界其他地区，从拉丁美洲到东欧、非洲，甚至最近一些发达市场国家，中央货币当局的大厅里正在发生完全不同的事情。</blockquote></p><p> Back in January 2021 I wrote a half-joking, half-serious tweet, remarking that the 300-basis point interest rate hike by the Bank of Mozambique was a “Sign of things to come…”</p><p><blockquote>早在2021年1月，我就写了一条半开玩笑、半严肃的推文，称莫桑比克央行加息300个基点是“即将发生的事情的迹象……”</blockquote></p><p> It was Mozambique’s first interest-rate hike in four years, and came in response to what it described at the time as a “substantial upward revision of its outlook for inflation.”</p><p><blockquote>这是莫桑比克四年来首次加息，是为了回应当时所说的“通胀前景大幅上调”。</blockquote></p><p> Fast-forward 10 months. Without really planning it, I decided to add to that tweet — making a live thread tracking the global policy pivot from rate cuts to rate hikes.&nbsp; Since then I’ve noted rate increases both large and small by the central banks of Azerbaijan, Zambia, Brazil, Russia, Iceland, Angola, Sri Lanka, South Korea, Norway, and New Zealand, to name a few.&nbsp;In total, I have counted 94 interest rate hikes across 36 central banks so far this year.</p><p><blockquote>快进10个月。在没有真正计划的情况下，我决定在那条推文中添加内容——制作一个跟踪全球政策从降息到加息的实时帖子。从那以后，我注意到阿塞拜疆、赞比亚、巴西、俄罗斯、冰岛、安哥拉、斯里兰卡、韩国、挪威和新西兰等国央行大大小小地加息。今年迄今为止，我总共统计了36家央行94次加息。</blockquote></p><p> Now obviously if this was just one rate hike by one central bank, or even a handful, it might not even warrant a mention.&nbsp;But when you start talking about these kinds of numbers, it’s hard not to notice a pattern. In that respect, the chart below does a good job of mapping that pattern precisely:</p><p><blockquote>显然，如果这只是一家央行的一次加息，甚至是几家央行的一次加息，甚至可能不值得一提。但当你开始谈论这类数字时，很难不注意到一种模式。在这方面，下图很好地精确地映射了这种模式：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/29b8159041554381447c992520819a45\" tg-width=\"700\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It shows the proportion of central banks in rate-hike mode (defined as the last interest rate move being an increase).&nbsp;After dropping to zero early in 2020, fully two-thirds of emerging market central banks now have pivoted into rate-hike mode.</p><p><blockquote>它显示了处于加息模式（定义为最后一次利率变动为加息）的央行比例。在2020年初降至零后，整整三分之二的新兴市场央行现在已经转向加息模式。</blockquote></p><p> There are a few common themes as to why countries around the world are raising rates, including inflation, currency and financial stability.&nbsp; Let’s take a closer look:</p><p><blockquote>关于世界各国为何加息，有几个共同的主题，包括通胀、货币和金融稳定，我们来仔细看看：</blockquote></p><p> <b>Inflation:</b> We quickly went from few people talking about inflation at the start of the year to inflation being perhaps the hot macro topic of the past few months.</p><p><blockquote><b>通货膨胀：</b>我们很快就从年初很少有人谈论通胀变成了过去几个月通胀可能是热门的宏观话题。</blockquote></p><p> Base effects (easier to record a higher pace of growth when comparing to a low base), bounce backs (reopening + stimulus = strong demand), and backlogs (supply-chain hell) combined to drive a sharp shift in both inflation and inflation expectations.</p><p><blockquote>基数效应（与低基数相比，更容易记录更高的增长速度）、反弹（重新开放+刺激=强劲需求）和积压（供应链地狱）共同推动了通胀和通胀预期的急剧转变。</blockquote></p><p> Emerging economies are particularly sensitive to inflation. In recent times, as a group, they’ve tended to see an annual rate of inflation twice that which you would see in developed economies.&nbsp; Moreover, you only need to go back just over 20 years to see hyperinflation in emerging economies (as a group they saw peak inflation of 115% in 1993, and double-digit inflation all the way through to 2000).</p><p><blockquote>新兴经济体对通胀尤为敏感。最近，作为一个群体，他们的年通胀率往往是发达经济体的两倍。此外，你只需要回到20多年前就能看到新兴经济体的恶性通胀（作为一个群体，他们在1993年看到了115%的峰值通胀，一直到2000年都是两位数的通胀）。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f12c26efb245d585640b77fb54875e5f\" tg-width=\"700\" tg-height=\"479\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Think about your average emerging market central bank governor — many of them were probably junior economists 20 years ago. Their formative years were no doubt heavily influenced by runaway inflation.&nbsp; Little wonder then they are hot on the trigger to hike rates as inflation heats up.</p><p><blockquote>想想普通的新兴市场央行行长——他们中的许多人在20年前可能还是初级经济学家。毫无疑问，他们的成长岁月深受失控通货膨胀的影响。难怪随着通胀升温，他们急于加息。</blockquote></p><p> <b>Currency:</b> Many central banks have also lifted rates in effort to prop their currencies up as the U.S. dollar&nbsp;strengthens. The line of reasoning here is two-fold: higher inflation (all else equal) means a fundamentally weaker currency, and higher interest rates appeal to carry traders looking to bank the higher yields: bringing flows and lifting demand for a country’s currency.</p><p><blockquote><b>货币：</b>随着美元走强，许多央行也提高了利率，以支撑本国货币。这里的推理有两个方面：更高的通胀（其他条件相同）意味着货币从根本上走弱，而更高的利率对希望存入更高收益率的套利交易者有吸引力：带来资金流动并提振对一国货币的需求。</blockquote></p><p> <b>Financial stability:</b> This term is basically a euphemism for “try not to blow up bubbles.”&nbsp; In other words, if you keep rates too low for too long you risk igniting asset-price bubbles, which if they burst in a chaotic fashion can trigger financial instability.&nbsp; Case in point: the housing bubble of the mid-2000s, its subsequent bursting and the ensuing Great Financial Crisis.</p><p><blockquote><b>财务稳定性：</b>这个术语基本上是“尽量不要吹大泡沫”的委婉说法。换句话说，如果你长期将利率保持在过低水平，你就有可能点燃资产价格泡沫，如果泡沫以混乱的方式破裂，可能会引发金融不稳定。典型的例子是2000年代中期的房地产泡沫，随后的破裂和随之而来的大金融危机。</blockquote></p><p> On that note, we probably should pay more attention to this aspect, as developed-economy housing market valuations have already sailed past the pre-financial crisis highs.</p><p><blockquote>在这一点上，我们可能应该更加关注这方面，因为发达经济体的房地产市场估值已经超过了金融危机前的高点。</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/1e4ea7b7b6c026d4abe60466d5bc8ac5\" tg-width=\"700\" tg-height=\"449\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yes that’s right: Ultra-low borrowing costs have helped push housing market valuations in some countries well above pre-financial crisis levels.&nbsp; This is one reason why it’s said that monetary policy is a blunt tool — it roughly does the job when it comes to avoiding deeper economic recessions and depressions, but the price is often higher asset prices.</p><p><blockquote>是的，没错：超低的借贷成本帮助一些国家的房地产市场估值远高于金融危机前的水平。这就是为什么有人说货币政策是一种生硬工具的原因之一——在避免更深的经济衰退和萧条方面，它大致完成了工作，但代价往往是更高的资产价格。</blockquote></p><p>   “Expect less of a tailwind for risk assets, upward pressure on borrowing costs, and likely more volatile markets going forward.”  The global policy pivot to rate hikes (likely to be soon joined by Canada and the U.K.) means investors can expect incrementally less of a tailwind for risk assets, upward pressure on borrowing costs, and likely more volatile markets going forward.</p><p><blockquote>“预计风险资产的顺风会减少，借贷成本会面临上行压力，未来市场可能会更加波动。”全球政策转向加息（加拿大和英国可能很快也会加入）意味着投资者可以预期风险资产的顺风会逐渐减弱，借贷成本会面临上行压力，未来市场可能会更加波动。</blockquote></p><p> Indeed, mapping out the previous paths in policy, the chart below shows how shifts from easing to tightening at best means a leveling-out or regime shift in the market; e.g. from a near vertical line to more chopping and ranging.&nbsp; At worst, if tight enough for long enough, this policy change can trigger an outright shift from bull market to bear market.</p><p><blockquote>事实上，下图描绘了之前的政策路径，显示了从宽松到紧缩的转变充其量意味着市场的平稳或制度转变；例如，从一条接近垂直线到更多的切割和范围。在最坏的情况下，如果足够长的时间足够紧张，这种政策变化可能会引发从牛市到熊市的彻底转变。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d54c8bc1e0bc437bcfc2ce03e8655e14\" tg-width=\"700\" tg-height=\"489\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> You might be thinking, what do all these random small, emerging-market central banks hiking interest rates have to do with the S&amp;P500?&nbsp;You’ve probably heard the saying that when the Fed sneezes, the rest of the world catches a cold, but in this sense, given the Fed is still likely to be dragging its feet on policy for some time, it’s almost more that the rest of the world catches a cold and U.S. equities sneeze.</p><p><blockquote>你可能会想，所有这些随机的小型新兴市场央行加息与标准普尔500有什么关系？你可能听说过这样一句话，当美联储打喷嚏时，世界其他地区就会感冒，但从这个意义上说，鉴于美联储仍有可能在一段时间内拖延政策，几乎更多的是世界其他地区感冒了，美国股市也会打喷嚏。</blockquote></p><p> You only need to go back to 2015-16 where much of the volatility in U.S. markets back then was driven or triggered by issues in China and emerging markets, or in the post-financial crisis period when the eurozone debt crisis was raging and weighing on global investor sentiment.</p><p><blockquote>你只需要回到2015-16年，当时美国市场的波动很大程度上是由中国和新兴市场的问题驱动或引发的，或者是后金融危机时期，欧元区债务危机肆虐并拖累全球投资者情绪。</blockquote></p><p> Beyond regional crises — which can be precipitated by premature stimulus removal — the bigger issue is the common themes motivating monetary policy.</p><p><blockquote>除了过早取消刺激措施可能引发的地区危机之外，更大的问题是激励货币政策的共同主题。</blockquote></p><p> While each central bank has its own set of circumstances, the common theme is a reaction to higher inflation, stronger growth and a desire to avoid overcooking markets.&nbsp; It’s the smaller/developing-country central banks that are most exposed to these global trends, and so we can look at them as bellwethers or leading indicators.</p><p><blockquote>虽然每个央行都有自己的一套情况，但共同的主题是对更高的通胀、更强劲的增长和避免市场过度烹饪的愿望的反应。小国/发展中国家的央行最容易受到这些全球趋势的影响，因此我们可以将它们视为领头羊或领先指标。</blockquote></p><p> The forces in motion that triggered a rate hike in Mozambique are the same forces that will ultimately drive the Fed to step away from stimulus.</p><p><blockquote>引发莫桑比克加息的力量与最终将促使美联储放弃刺激措施的力量相同。</blockquote></p><p> It may take time, but one thing I know to be true is that these things go in cycles.&nbsp; While it looks and feels like the Fed has your back forever in the markets right now, this won’t be always true.&nbsp; “Don’t fight the Fed” means swim with the tide, not against it, and the tides here are clearly turning.</p><p><blockquote>这可能需要时间，但有一件事我知道是真的，那就是这些事情是循环往复的。虽然现在看起来和感觉上美联储在市场上永远支持你，但这并不总是正确的。“不要与美联储对抗”意味着随波逐流，而不是逆潮流而动，这里的潮流显然正在转向。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/how-one-interest-rate-hike-by-a-small-african-nation-could-derail-powells-fed-policy-plans-and-sink-stocks-11637625129?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/how-one-interest-rate-hike-by-a-small-african-nation-could-derail-powells-fed-policy-plans-and-sink-stocks-11637625129?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150397775","content_text":"Investors need to stop obsessing about the Fed taper and pay attention to the dozens of central banks that have hiked rates so far this year\nMarketWatch photo illustration/Getty Images, iStockphoto\nThe Federal Reserve is beginning the first phase of its very gentle, very conditional, very cautious path to stimulus removal.  Fed Chair Jerome Powell, just nominated for a second term at the helm of the U.S. central bank, is intent on pushing back against any speculation about thinking about talking about rate hikes.\nBut around the rest of the world, something quite different is going on in the halls of central monetary authorities from Latin America to Eastern Europe, Africa, and lately even some developed-market countries.\nBack in January 2021 I wrote a half-joking, half-serious tweet, remarking that the 300-basis point interest rate hike by the Bank of Mozambique was a “Sign of things to come…”\nIt was Mozambique’s first interest-rate hike in four years, and came in response to what it described at the time as a “substantial upward revision of its outlook for inflation.”\nFast-forward 10 months. Without really planning it, I decided to add to that tweet — making a live thread tracking the global policy pivot from rate cuts to rate hikes.  Since then I’ve noted rate increases both large and small by the central banks of Azerbaijan, Zambia, Brazil, Russia, Iceland, Angola, Sri Lanka, South Korea, Norway, and New Zealand, to name a few. In total, I have counted 94 interest rate hikes across 36 central banks so far this year.\nNow obviously if this was just one rate hike by one central bank, or even a handful, it might not even warrant a mention. But when you start talking about these kinds of numbers, it’s hard not to notice a pattern. In that respect, the chart below does a good job of mapping that pattern precisely:\n\nIt shows the proportion of central banks in rate-hike mode (defined as the last interest rate move being an increase). After dropping to zero early in 2020, fully two-thirds of emerging market central banks now have pivoted into rate-hike mode.\nThere are a few common themes as to why countries around the world are raising rates, including inflation, currency and financial stability.  Let’s take a closer look:\nInflation: We quickly went from few people talking about inflation at the start of the year to inflation being perhaps the hot macro topic of the past few months.\nBase effects (easier to record a higher pace of growth when comparing to a low base), bounce backs (reopening + stimulus = strong demand), and backlogs (supply-chain hell) combined to drive a sharp shift in both inflation and inflation expectations.\nEmerging economies are particularly sensitive to inflation. In recent times, as a group, they’ve tended to see an annual rate of inflation twice that which you would see in developed economies.  Moreover, you only need to go back just over 20 years to see hyperinflation in emerging economies (as a group they saw peak inflation of 115% in 1993, and double-digit inflation all the way through to 2000).\n\nThink about your average emerging market central bank governor — many of them were probably junior economists 20 years ago. Their formative years were no doubt heavily influenced by runaway inflation.  Little wonder then they are hot on the trigger to hike rates as inflation heats up.\nCurrency: Many central banks have also lifted rates in effort to prop their currencies up as the U.S. dollar strengthens. The line of reasoning here is two-fold: higher inflation (all else equal) means a fundamentally weaker currency, and higher interest rates appeal to carry traders looking to bank the higher yields: bringing flows and lifting demand for a country’s currency.\nFinancial stability: This term is basically a euphemism for “try not to blow up bubbles.”  In other words, if you keep rates too low for too long you risk igniting asset-price bubbles, which if they burst in a chaotic fashion can trigger financial instability.  Case in point: the housing bubble of the mid-2000s, its subsequent bursting and the ensuing Great Financial Crisis.\nOn that note, we probably should pay more attention to this aspect, as developed-economy housing market valuations have already sailed past the pre-financial crisis highs.\n\nYes that’s right: Ultra-low borrowing costs have helped push housing market valuations in some countries well above pre-financial crisis levels.  This is one reason why it’s said that monetary policy is a blunt tool — it roughly does the job when it comes to avoiding deeper economic recessions and depressions, but the price is often higher asset prices.\n\n “Expect less of a tailwind for risk assets, upward pressure on borrowing costs, and likely more volatile markets going forward.”\n\nThe global policy pivot to rate hikes (likely to be soon joined by Canada and the U.K.) means investors can expect incrementally less of a tailwind for risk assets, upward pressure on borrowing costs, and likely more volatile markets going forward.\nIndeed, mapping out the previous paths in policy, the chart below shows how shifts from easing to tightening at best means a leveling-out or regime shift in the market; e.g. from a near vertical line to more chopping and ranging.  At worst, if tight enough for long enough, this policy change can trigger an outright shift from bull market to bear market.\n\nYou might be thinking, what do all these random small, emerging-market central banks hiking interest rates have to do with the S&P500? You’ve probably heard the saying that when the Fed sneezes, the rest of the world catches a cold, but in this sense, given the Fed is still likely to be dragging its feet on policy for some time, it’s almost more that the rest of the world catches a cold and U.S. equities sneeze.\nYou only need to go back to 2015-16 where much of the volatility in U.S. markets back then was driven or triggered by issues in China and emerging markets, or in the post-financial crisis period when the eurozone debt crisis was raging and weighing on global investor sentiment.\nBeyond regional crises — which can be precipitated by premature stimulus removal — the bigger issue is the common themes motivating monetary policy.\nWhile each central bank has its own set of circumstances, the common theme is a reaction to higher inflation, stronger growth and a desire to avoid overcooking markets.  It’s the smaller/developing-country central banks that are most exposed to these global trends, and so we can look at them as bellwethers or leading indicators.\nThe forces in motion that triggered a rate hike in Mozambique are the same forces that will ultimately drive the Fed to step away from stimulus.\nIt may take time, but one thing I know to be true is that these things go in cycles.  While it looks and feels like the Fed has your back forever in the markets right now, this won’t be always true.  “Don’t fight the Fed” means swim with the tide, not against it, and the tides here are clearly turning.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875846554,"gmtCreate":1637635796568,"gmtModify":1637635796772,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Oh ok.&nbsp; J powel","listText":"Oh ok.&nbsp; J powel","text":"Oh ok. J powel","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875846554","repostId":"2185306806","repostType":4,"isVote":1,"tweetType":1,"viewCount":938,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876201606,"gmtCreate":1637313828265,"gmtModify":1637314174849,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876201606","repostId":"2184117078","repostType":2,"isVote":1,"tweetType":1,"viewCount":939,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876949617,"gmtCreate":1637252013484,"gmtModify":1637252013484,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876949617","repostId":"1140578715","repostType":4,"repost":{"id":"1140578715","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637246010,"share":"https://www.laohu8.com/m/news/1140578715?lang=zh_CN&edition=full","pubTime":"2021-11-18 22:33","market":"us","language":"en","title":"S&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1140578715","media":"Tiger Newspress","summary":"The S&P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust t","content":"<p>The S&amp;P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.</p><p><blockquote>标普500和纳斯达克指数周四高开，芯片制造商英伟达因强劲的第三季度业绩而上涨，而新一批积极的零售收益表明，在通胀上升的背景下，消费者支出强劲。</blockquote></p><p> The Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.</p><p><blockquote>道琼斯工业平均指数(.DJI)开盘下跌29.36点，跌幅0.08%，至35,901.69点。</blockquote></p><p> The S&amp;P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.</p><p><blockquote>标普500(.SPX)开盘上涨12.05点，涨幅0.26%，至4,700.72点，而纳斯达克综合指数(.IXIC)开盘上涨51.82点，涨幅0.33%，至15,973.40点。</blockquote></p><p> Nvidia&nbsp;shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.</p><p><blockquote>英伟达(Nvidia)的季度业绩营收和利润均超出预期，并发布了截至1月份的本季度的乐观收入预测，股价上涨了8%以上。这家芯片制造商报告称，数据中心销售额较去年同期增长了55%，其最大的市场游戏销售额增长了42%。</blockquote></p><p> Those gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.</p><p><blockquote>这些涨幅帮助提振了其他芯片股的交易。Advanced Micro Devices上涨近3%。Skyworks和美光科技涨幅超过1%。另外，GlobalFoundries在透露与福特建立合作伙伴关系以帮助该汽车制造商增加芯片供应后，股价上涨超过8%。</blockquote></p><p> Retail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.</p><p><blockquote>零售业继续其强劲的财报周。梅西百货(Macy's)和科尔百货(Kohl's)的股价当天分别上涨15%和8%。两家公司都超出了季度利润和收入预期，与本周早些时候公布的同行非常相似。大多数公司报告同店销售额较上一年有所增长，投资者对进入假日购物季持乐观态度。</blockquote></p><p> Retail stocks broadly traded higher on Thursday, and the SPDR S&amp;P Retail ETF gained 1.5%.</p><p><blockquote>周四零售股普遍走高，SPDR S&amp;P Retail ETF上涨1.5%。</blockquote></p><p> Elsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.</p><p><blockquote>其他方面，Deere在与自10月14日以来一直罢工的工人达成解决方案后，其股价上涨超过2%。</blockquote></p><p> Dow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.</p><p><blockquote>道指成分股波音公司的股价在摩根大通上调评级后也上涨了近2%，摩根大通表示，随着解决了困扰该公司的几个问题，这家航空航天巨头具有显着的上涨空间。</blockquote></p><p> Going in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.</p><p><blockquote>另一方面，由于收入指引减弱和收入未达预期，思科系统公司股价下跌7%。卡夫亨氏宣布二次发行普通股后，该公司股价也下跌超过3%。</blockquote></p><p> Initial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.</p><p><blockquote>美国劳工部周四报告称，截至11月13日当周，首次申请失业保险的人数小幅下降至268,000人。这是自2020年3月以来的最低水平，也是连续第七周下跌。道琼斯调查的经济学家预计失业人数将降至26万人，而前一周调整后的失业人数为26.9万人。</blockquote></p><p> On&nbsp;Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&amp;P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.</p><p><blockquote>周三，受Visa股价下跌4.7%拖累，道琼斯工业平均指数下跌211点。标普500下跌0.26%。尽管大多数大型科技公司收盘上涨，但纳斯达克综合指数仍下跌0.33%。</blockquote></p><p> The small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.</p><p><blockquote>周三，小盘股基准罗素2000指数表现相对不佳，下跌1.2%。</blockquote></p><p> “Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.</p><p><blockquote>Leuthold Group首席投资策略师吉姆·保尔森(Jim Paulsen)表示：“最近的经济报告仍然强劲，但今天的股市走势突显出，它已经在低估另一个新冠疫情周期。”</blockquote></p><p> “Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.</p><p><blockquote>“对新冠疫情的担忧还导致10年期债券收益率6天来首次下降，并给大宗商品价格带来下行压力，包括原油价格再次大幅下跌。如果通胀持续上升，而新冠疫情再次飙升再次阻碍实体经济活动，我们可能会发现股市如何应对伪滞胀事件，”他补充道。</blockquote></p><p> Investors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.</p><p><blockquote>投资者等待周四应用材料公司和帕洛阿尔托网络公司盘后公布更多零售收益。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</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\">\nS&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-18 22:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The S&amp;P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.</p><p><blockquote>标普500和纳斯达克指数周四高开，芯片制造商英伟达因强劲的第三季度业绩而上涨，而新一批积极的零售收益表明，在通胀上升的背景下，消费者支出强劲。</blockquote></p><p> The Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.</p><p><blockquote>道琼斯工业平均指数(.DJI)开盘下跌29.36点，跌幅0.08%，至35,901.69点。</blockquote></p><p> The S&amp;P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.</p><p><blockquote>标普500(.SPX)开盘上涨12.05点，涨幅0.26%，至4,700.72点，而纳斯达克综合指数(.IXIC)开盘上涨51.82点，涨幅0.33%，至15,973.40点。</blockquote></p><p> Nvidia&nbsp;shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.</p><p><blockquote>英伟达(Nvidia)的季度业绩营收和利润均超出预期，并发布了截至1月份的本季度的乐观收入预测，股价上涨了8%以上。这家芯片制造商报告称，数据中心销售额较去年同期增长了55%，其最大的市场游戏销售额增长了42%。</blockquote></p><p> Those gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.</p><p><blockquote>这些涨幅帮助提振了其他芯片股的交易。Advanced Micro Devices上涨近3%。Skyworks和美光科技涨幅超过1%。另外，GlobalFoundries在透露与福特建立合作伙伴关系以帮助该汽车制造商增加芯片供应后，股价上涨超过8%。</blockquote></p><p> Retail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.</p><p><blockquote>零售业继续其强劲的财报周。梅西百货(Macy's)和科尔百货(Kohl's)的股价当天分别上涨15%和8%。两家公司都超出了季度利润和收入预期，与本周早些时候公布的同行非常相似。大多数公司报告同店销售额较上一年有所增长，投资者对进入假日购物季持乐观态度。</blockquote></p><p> Retail stocks broadly traded higher on Thursday, and the SPDR S&amp;P Retail ETF gained 1.5%.</p><p><blockquote>周四零售股普遍走高，SPDR S&amp;P Retail ETF上涨1.5%。</blockquote></p><p> Elsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.</p><p><blockquote>其他方面，Deere在与自10月14日以来一直罢工的工人达成解决方案后，其股价上涨超过2%。</blockquote></p><p> Dow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.</p><p><blockquote>道指成分股波音公司的股价在摩根大通上调评级后也上涨了近2%，摩根大通表示，随着解决了困扰该公司的几个问题，这家航空航天巨头具有显着的上涨空间。</blockquote></p><p> Going in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.</p><p><blockquote>另一方面，由于收入指引减弱和收入未达预期，思科系统公司股价下跌7%。卡夫亨氏宣布二次发行普通股后，该公司股价也下跌超过3%。</blockquote></p><p> Initial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.</p><p><blockquote>美国劳工部周四报告称，截至11月13日当周，首次申请失业保险的人数小幅下降至268,000人。这是自2020年3月以来的最低水平，也是连续第七周下跌。道琼斯调查的经济学家预计失业人数将降至26万人，而前一周调整后的失业人数为26.9万人。</blockquote></p><p> On&nbsp;Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&amp;P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.</p><p><blockquote>周三，受Visa股价下跌4.7%拖累，道琼斯工业平均指数下跌211点。标普500下跌0.26%。尽管大多数大型科技公司收盘上涨，但纳斯达克综合指数仍下跌0.33%。</blockquote></p><p> The small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.</p><p><blockquote>周三，小盘股基准罗素2000指数表现相对不佳，下跌1.2%。</blockquote></p><p> “Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.</p><p><blockquote>Leuthold Group首席投资策略师吉姆·保尔森(Jim Paulsen)表示：“最近的经济报告仍然强劲，但今天的股市走势突显出，它已经在低估另一个新冠疫情周期。”</blockquote></p><p> “Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.</p><p><blockquote>“对新冠疫情的担忧还导致10年期债券收益率6天来首次下降，并给大宗商品价格带来下行压力，包括原油价格再次大幅下跌。如果通胀持续上升，而新冠疫情再次飙升再次阻碍实体经济活动，我们可能会发现股市如何应对伪滞胀事件，”他补充道。</blockquote></p><p> Investors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.</p><p><blockquote>投资者等待周四应用材料公司和帕洛阿尔托网络公司盘后公布更多零售收益。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140578715","content_text":"The S&P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.\nThe Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.\nThe S&P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.\nNvidia shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.\nThose gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.\nRetail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.\nRetail stocks broadly traded higher on Thursday, and the SPDR S&P Retail ETF gained 1.5%.\nElsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.\nDow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.\nGoing in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.\nInitial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.\nOn Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.\nThe small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.\n“Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.\n“Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.\nInvestors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876940722,"gmtCreate":1637251924640,"gmtModify":1637251924640,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Fuyoooo... sad I've alrdy sold long ago :(","listText":"Fuyoooo... sad I've alrdy sold long ago :(","text":"Fuyoooo... sad I've alrdy sold long ago :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876940722","repostId":"1130402483","repostType":4,"repost":{"id":"1130402483","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637246715,"share":"https://www.laohu8.com/m/news/1130402483?lang=zh_CN&edition=full","pubTime":"2021-11-18 22:45","market":"us","language":"en","title":"Roblox reached an all-time high at 135.74 dollars as Morgan Stanley rose its price target by 70%<blockquote>摩根士丹利将目标价上调70%，Roblox触及135.74美元历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130402483","media":"Tiger Newspress","summary":"Roblox reached an all-time high at 135.74 dollars as Morgan Stanley rose its price target by 70%.Rob","content":"<p>Roblox reached an all-time high at 135.74 dollars&nbsp;as Morgan Stanley rose its price target by 70%.<img src=\"https://static.tigerbbs.com/ea67fe79dc5cf395ce86763243316f95\" tg-width=\"778\" tg-height=\"565\" referrerpolicy=\"no-referrer\">Roblox announced on Wednesday (17th) that it will invest 10 million US dollars to develop three educational games for junior high school, high school and college students, and implant educational video games into school education.</p><p><blockquote>摩根士丹利将目标价上调70%，Roblox触及135.74美元的历史新高。Roblox周三（17日）宣布，将投资1000万美元开发三款面向初中、高中和大学生的教育游戏，将教育视频游戏植入学校教育。</blockquote></p><p> Morgan Stanley analyst Brian Nowak maintained Roblox's \"overweight\" rating and raised the target price from $88 to $150. Analysts said that Roblox is optimistic about its leading position in the early stage of meta-universe and higher long-term profitability because it is investing in improving user experience, developing tools and improving brand implantation capabilities. Analysts added that considering Roblox's existing in-app purchase revenue source, advertising revenue outside the stock's current premium was considered appropriate.</p><p><blockquote>大摩分析师Brian Nowak维持Roblox“跑赢大盘”评级，目标价从88美元上调至150美元。分析师表示，Roblox看好其在元宇宙早期的领先地位和更高的长期盈利能力，因为其正在投资改善用户体验、开发工具和提高品牌植入能力。分析师补充称，考虑到Roblox现有的应用内购买收入来源，该股当前溢价之外的广告收入被认为是合适的。</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>Roblox reached an all-time high at 135.74 dollars as Morgan Stanley rose its price target by 70%<blockquote>摩根士丹利将目标价上调70%，Roblox触及135.74美元历史新高</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox reached an all-time high at 135.74 dollars as Morgan Stanley rose its price target by 70%<blockquote>摩根士丹利将目标价上调70%，Roblox触及135.74美元历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-18 22:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Roblox reached an all-time high at 135.74 dollars&nbsp;as Morgan Stanley rose its price target by 70%.<img src=\"https://static.tigerbbs.com/ea67fe79dc5cf395ce86763243316f95\" tg-width=\"778\" tg-height=\"565\" referrerpolicy=\"no-referrer\">Roblox announced on Wednesday (17th) that it will invest 10 million US dollars to develop three educational games for junior high school, high school and college students, and implant educational video games into school education.</p><p><blockquote>摩根士丹利将目标价上调70%，Roblox触及135.74美元的历史新高。Roblox周三（17日）宣布，将投资1000万美元开发三款面向初中、高中和大学生的教育游戏，将教育视频游戏植入学校教育。</blockquote></p><p> Morgan Stanley analyst Brian Nowak maintained Roblox's \"overweight\" rating and raised the target price from $88 to $150. Analysts said that Roblox is optimistic about its leading position in the early stage of meta-universe and higher long-term profitability because it is investing in improving user experience, developing tools and improving brand implantation capabilities. Analysts added that considering Roblox's existing in-app purchase revenue source, advertising revenue outside the stock's current premium was considered appropriate.</p><p><blockquote>大摩分析师Brian Nowak维持Roblox“跑赢大盘”评级，目标价从88美元上调至150美元。分析师表示，Roblox看好其在元宇宙早期的领先地位和更高的长期盈利能力，因为其正在投资改善用户体验、开发工具和提高品牌植入能力。分析师补充称，考虑到Roblox现有的应用内购买收入来源，该股当前溢价之外的广告收入被认为是合适的。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130402483","content_text":"Roblox reached an all-time high at 135.74 dollars as Morgan Stanley rose its price target by 70%.Roblox announced on Wednesday (17th) that it will invest 10 million US dollars to develop three educational games for junior high school, high school and college students, and implant educational video games into school education.\nMorgan Stanley analyst Brian Nowak maintained Roblox's \"overweight\" rating and raised the target price from $88 to $150. Analysts said that Roblox is optimistic about its leading position in the early stage of meta-universe and higher long-term profitability because it is investing in improving user experience, developing tools and improving brand implantation capabilities. Analysts added that considering Roblox's existing in-app purchase revenue source, advertising revenue outside the stock's current premium was considered appropriate.","news_type":1,"symbols_score_info":{"RBLX":0.9}},"isVote":1,"tweetType":1,"viewCount":929,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":846074141,"gmtCreate":1636037518420,"gmtModify":1636037560378,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>finally","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>finally","text":"$NIO Inc.(NIO)$finally","images":[{"img":"https://static.tigerbbs.com/582dacd5a82bfb3550ac3aeec4f64d38","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/846074141","isVote":1,"tweetType":1,"viewCount":850,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":603552841,"gmtCreate":1638431796520,"gmtModify":1638431796734,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Hope to see some recovering tonight 🙏&nbsp;","listText":"Hope to see some recovering tonight 🙏&nbsp;","text":"Hope to see some recovering tonight 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/603552841","repostId":"1101300146","repostType":4,"repost":{"id":"1101300146","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638428501,"share":"https://www.laohu8.com/m/news/1101300146?lang=zh_CN&edition=full","pubTime":"2021-12-02 15:01","market":"fut","language":"en","title":"Dow Jones futures rose nearly 1%, S&P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.<blockquote>道琼斯期货涨近1%，标普500期货涨0.85%，纳斯达克100期货涨0.64%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101300146","media":"Tiger Newspress","summary":"Dow Jones futures rose nearly 1%, S&P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.","content":"<p>Dow Jones futures rose&nbsp;nearly 1%, S&amp;P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.<img src=\"https://static.tigerbbs.com/7cc5fbc2c078d2e811d0be03d2c4950f\" tg-width=\"542\" tg-height=\"184\" width=\"100%\" height=\"auto\"></p><p><blockquote>道琼斯期货涨近1%，标普500期货涨0.85%，纳斯达克100期货涨0.64%。</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>Dow Jones futures rose nearly 1%, S&P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.<blockquote>道琼斯期货涨近1%，标普500期货涨0.85%，纳斯达克100期货涨0.64%。</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\">\nDow Jones futures rose nearly 1%, S&P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.<blockquote>道琼斯期货涨近1%，标普500期货涨0.85%，纳斯达克100期货涨0.64%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-02 15:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Dow Jones futures rose&nbsp;nearly 1%, S&amp;P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.<img src=\"https://static.tigerbbs.com/7cc5fbc2c078d2e811d0be03d2c4950f\" tg-width=\"542\" tg-height=\"184\" width=\"100%\" height=\"auto\"></p><p><blockquote>道琼斯期货涨近1%，标普500期货涨0.85%，纳斯达克100期货涨0.64%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101300146","content_text":"Dow Jones futures rose nearly 1%, S&P 500 futures rose 0.85%, Nasdaq 100 futures rose 0.64%.","news_type":1,"symbols_score_info":{"YMmain":0.9,"ESmain":0.9,"NQmain":0.9}},"isVote":1,"tweetType":1,"viewCount":3000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690231815,"gmtCreate":1639668360943,"gmtModify":1639668361184,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Yea time to buy","listText":"Yea time to buy","text":"Yea time to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690231815","repostId":"1181686014","repostType":4,"repost":{"id":"1181686014","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639666432,"share":"https://www.laohu8.com/m/news/1181686014?lang=zh_CN&edition=full","pubTime":"2021-12-16 22:53","market":"us","language":"en","title":"Tesla fell nearly 1% in morning trading though New York police would buy up to 250 all-electric Model 3 cars<blockquote>尽管纽约警方将购买多达250辆全电动Model 3汽车，但特斯拉早盘下跌近1%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181686014","media":"Tiger Newspress","summary":"Tesla fell nearly 1% in morning trading though New York police would buy up to 250 all-electric Mode","content":"<p>Tesla&nbsp;fell&nbsp;nearly&nbsp;1%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;though&nbsp;New York police&nbsp;would&nbsp;buy&nbsp;up to 250 all-electric Model 3 cars.<img src=\"https://static.tigerbbs.com/a88f381fe4239d26d1254d4f4745b1f0\" tg-width=\"771\" tg-height=\"568\" width=\"100%\" height=\"auto\">The New York City Police Department is considering buying up to 250 all-electric Model 3 cars from Tesla, which will enable these high-performance cars to be delivered to the largest police force in the United States.</p><p><blockquote>尽管纽约警方将购买多达250辆全电动Model 3汽车，但特斯拉早盘下跌近1%。纽约市警察局正在考虑从特斯拉购买多达250辆全电动Model 3汽车，这将使这些高性能汽车能够交付给美国最大的警察部队。</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>Tesla fell nearly 1% in morning trading though New York police would buy up to 250 all-electric Model 3 cars<blockquote>尽管纽约警方将购买多达250辆全电动Model 3汽车，但特斯拉早盘下跌近1%</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\">\nTesla fell nearly 1% in morning trading though New York police would buy up to 250 all-electric Model 3 cars<blockquote>尽管纽约警方将购买多达250辆全电动Model 3汽车，但特斯拉早盘下跌近1%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-16 22:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;fell&nbsp;nearly&nbsp;1%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;though&nbsp;New York police&nbsp;would&nbsp;buy&nbsp;up to 250 all-electric Model 3 cars.<img src=\"https://static.tigerbbs.com/a88f381fe4239d26d1254d4f4745b1f0\" tg-width=\"771\" tg-height=\"568\" width=\"100%\" height=\"auto\">The New York City Police Department is considering buying up to 250 all-electric Model 3 cars from Tesla, which will enable these high-performance cars to be delivered to the largest police force in the United States.</p><p><blockquote>尽管纽约警方将购买多达250辆全电动Model 3汽车，但特斯拉早盘下跌近1%。纽约市警察局正在考虑从特斯拉购买多达250辆全电动Model 3汽车，这将使这些高性能汽车能够交付给美国最大的警察部队。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181686014","content_text":"Tesla fell nearly 1% in morning trading though New York police would buy up to 250 all-electric Model 3 cars.The New York City Police Department is considering buying up to 250 all-electric Model 3 cars from Tesla, which will enable these high-performance cars to be delivered to the largest police force in the United States.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609233815,"gmtCreate":1638284798032,"gmtModify":1638284798138,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Never ending virus... please bring us to the end of tunneel","listText":"Never ending virus... please bring us to the end of tunneel","text":"Never ending virus... please bring us to the end of tunneel","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/609233815","repostId":"1167187587","repostType":4,"repost":{"id":"1167187587","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638282732,"share":"https://www.laohu8.com/m/news/1167187587?lang=zh_CN&edition=full","pubTime":"2021-11-30 22:32","market":"us","language":"en","title":"Stocks open lower as investors assess omicron concerns<blockquote>投资者评估奥密克戎担忧，股市低开</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167187587","media":"Tiger Newspress","summary":"Stocks tumbled on Tuesday, reversing Monday's rebound on Wall Street, as investors reassessed risks ","content":"<p>Stocks tumbled on Tuesday, reversing Monday's rebound on Wall Street, as investors reassessed risks associated with the new omicron Covid variant.</p><p><blockquote>由于投资者重新评估与新的奥密克戎Covid变种相关的风险，周二股市暴跌，扭转了周一华尔街的反弹。</blockquote></p><p> The Dow Jones Industrial Average dropped about 290 points, or 0.8%. The S&amp;P 500 shed 0.64%. The technology-heavy Nasdaq Composite shed about 0.4%. The small-cap benchmark Russell 2000 dropped 0.7%.</p><p><blockquote>道琼斯工业平均指数下跌约290点，跌幅0.8%。标普500下跌0.64%。以科技股为主的纳斯达克综合指数下跌约0.4%。小盘股基准罗素2000指数下跌0.7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/078050fb74fa44676c309ee766ee815d\" tg-width=\"1080\" tg-height=\"472\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Tuesday's reversal came after&nbsp;Moderna&nbsp;CEO Stephane Bancel told the Financial Times that he&nbsp;expects existing vaccines to be less effective&nbsp;against the new variant. The CEO told the paper there could be a \"material drop\" in the current vaccines' effectiveness against this variant. Bancel told CNBC on Monday that it could take&nbsp;months to develop and ship an omicron-specific vaccine. Moderna was down nearly 4%.</p><p><blockquote>周二的逆转发生在Moderna首席执行官Stephane Bancel告诉英国《金融时报》，他预计现有疫苗对新变种的效果较差之后。这位首席执行官告诉该报，当前疫苗针对这种变种的有效性可能会“大幅下降”。班塞尔周一告诉CNBC，开发和运送针对奥密克戎的疫苗可能需要几个月的时间。Moderna下跌近4%。</blockquote></p><p> Separately,Regeneron&nbsp;said its antibody treatment may have reduced effectiveness against omicron. Regeneron shares lost about 1%.</p><p><blockquote>另外，再生元表示，其抗体治疗可能降低了对抗奥密克戎病的有效性。再生元股价下跌约1%。</blockquote></p><p> Travel shares, which led Friday's drop and then gained on Monday, were taking hits once again Tuesday.Expedia Group&nbsp;fell 2%,Norwegian Cruise Line Holdings&nbsp;and&nbsp;American Airlines&nbsp;&nbsp;shares&nbsp;tumbled about&nbsp;2%.</p><p><blockquote>周五领跌、周一上涨的旅游股周二再次遭受打击。Expedia Group下跌2%，挪威邮轮控股公司和美国航空股价下跌约2%。</blockquote></p><p> Bucking the broader market's trend, stay-at-home stock Netflix rose 1.4% and Tesla gained 1.5%.</p><p><blockquote>与大盘走势相反，居家股Netflix上涨1.4%，特斯拉上涨1.5%。</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>Stocks open lower as investors assess omicron concerns<blockquote>投资者评估奥密克戎担忧，股市低开</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\">\nStocks open lower as investors assess omicron concerns<blockquote>投资者评估奥密克戎担忧，股市低开</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-30 22:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stocks tumbled on Tuesday, reversing Monday's rebound on Wall Street, as investors reassessed risks associated with the new omicron Covid variant.</p><p><blockquote>由于投资者重新评估与新的奥密克戎Covid变种相关的风险，周二股市暴跌，扭转了周一华尔街的反弹。</blockquote></p><p> The Dow Jones Industrial Average dropped about 290 points, or 0.8%. The S&amp;P 500 shed 0.64%. The technology-heavy Nasdaq Composite shed about 0.4%. The small-cap benchmark Russell 2000 dropped 0.7%.</p><p><blockquote>道琼斯工业平均指数下跌约290点，跌幅0.8%。标普500下跌0.64%。以科技股为主的纳斯达克综合指数下跌约0.4%。小盘股基准罗素2000指数下跌0.7%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/078050fb74fa44676c309ee766ee815d\" tg-width=\"1080\" tg-height=\"472\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Tuesday's reversal came after&nbsp;Moderna&nbsp;CEO Stephane Bancel told the Financial Times that he&nbsp;expects existing vaccines to be less effective&nbsp;against the new variant. The CEO told the paper there could be a \"material drop\" in the current vaccines' effectiveness against this variant. Bancel told CNBC on Monday that it could take&nbsp;months to develop and ship an omicron-specific vaccine. Moderna was down nearly 4%.</p><p><blockquote>周二的逆转发生在Moderna首席执行官Stephane Bancel告诉英国《金融时报》，他预计现有疫苗对新变种的效果较差之后。这位首席执行官告诉该报，当前疫苗针对这种变种的有效性可能会“大幅下降”。班塞尔周一告诉CNBC，开发和运送针对奥密克戎的疫苗可能需要几个月的时间。Moderna下跌近4%。</blockquote></p><p> Separately,Regeneron&nbsp;said its antibody treatment may have reduced effectiveness against omicron. Regeneron shares lost about 1%.</p><p><blockquote>另外，再生元表示，其抗体治疗可能降低了对抗奥密克戎病的有效性。再生元股价下跌约1%。</blockquote></p><p> Travel shares, which led Friday's drop and then gained on Monday, were taking hits once again Tuesday.Expedia Group&nbsp;fell 2%,Norwegian Cruise Line Holdings&nbsp;and&nbsp;American Airlines&nbsp;&nbsp;shares&nbsp;tumbled about&nbsp;2%.</p><p><blockquote>周五领跌、周一上涨的旅游股周二再次遭受打击。Expedia Group下跌2%，挪威邮轮控股公司和美国航空股价下跌约2%。</blockquote></p><p> Bucking the broader market's trend, stay-at-home stock Netflix rose 1.4% and Tesla gained 1.5%.</p><p><blockquote>与大盘走势相反，居家股Netflix上涨1.4%，特斯拉上涨1.5%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167187587","content_text":"Stocks tumbled on Tuesday, reversing Monday's rebound on Wall Street, as investors reassessed risks associated with the new omicron Covid variant.\nThe Dow Jones Industrial Average dropped about 290 points, or 0.8%. The S&P 500 shed 0.64%. The technology-heavy Nasdaq Composite shed about 0.4%. The small-cap benchmark Russell 2000 dropped 0.7%.\n\nTuesday's reversal came after Moderna CEO Stephane Bancel told the Financial Times that he expects existing vaccines to be less effective against the new variant. The CEO told the paper there could be a \"material drop\" in the current vaccines' effectiveness against this variant. Bancel told CNBC on Monday that it could take months to develop and ship an omicron-specific vaccine. Moderna was down nearly 4%.\nSeparately,Regeneron said its antibody treatment may have reduced effectiveness against omicron. Regeneron shares lost about 1%.\nTravel shares, which led Friday's drop and then gained on Monday, were taking hits once again Tuesday.Expedia Group fell 2%,Norwegian Cruise Line Holdings and American Airlines  shares tumbled about 2%.\nBucking the broader market's trend, stay-at-home stock Netflix rose 1.4% and Tesla gained 1.5%.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606020542,"gmtCreate":1638802128019,"gmtModify":1638802128152,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Just give us a concrete direction already.. stop beating around the bush&nbsp;","listText":"Just give us a concrete direction already.. stop beating around the bush&nbsp;","text":"Just give us a concrete direction already.. stop beating around the bush","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/606020542","repostId":"1138852642","repostType":2,"repost":{"id":"1138852642","kind":"news","pubTimestamp":1638769615,"share":"https://www.laohu8.com/m/news/1138852642?lang=zh_CN&edition=full","pubTime":"2021-12-06 13:46","market":"us","language":"en","title":"What Scares the Stock Market More Than Covid? The Federal Reserve<blockquote>有什么比Covid更让股市害怕？美联储</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1138852642","media":"Barrons","summary":"Now can we have a correction?\nWe’d hoped for something better, like a melt-up into the end of the ye","content":"<p>Now can we have a correction?</p><p><blockquote>现在我们能纠正一下吗？</blockquote></p><p> We’d hoped for something better, like a melt-up into the end of the year. But after watching the stock market get knocked down this past week after slumping on Black Friday—thanks to the discovery of the Omicron variant of Covid-19—it doesn’t seem to be in the cards. Not after the S&amp;P 500 index finished the week down 1.2%, while the Dow Jones Industrial Average fell 319.26 points, or 0.9%, and the Nasdaq Composite slumped 2.6%. The small-cap Russell 2000, down 3.9% for the week, closed in correction territory on Wednesday.</p><p><blockquote>我们曾希望有更好的结果，比如年底前的融化。但由于发现了Covid-19的奥密克戎变种，股市在过去一周黑色星期五暴跌后暴跌，这似乎不太可能。标普500指数本周下跌1.2%，道琼斯工业平均指数下跌319.26点，跌幅0.9%，纳斯达克综合指数下跌2.6%。小盘股罗素2000指数本周下跌3.9%，周三收于回调区域。</blockquote></p><p> Those numbers fail to capture just how volatile the week was. After a small rally on Monday, the Dow tumbled 652.22 points on Tuesday. On Wednesday, it rallied in early trading before giving back those gains—and then some—to finish down 461.68 points, and only seven stocks in the S&amp;P 500, including Apple (ticker: AAPL), managed to finish higher. On Thursday, the Dow had its biggest gain since March, but Apple dropped 0.6% following reports it was preparing suppliers for lukewarm iPhone demand.</p><p><blockquote>这些数字未能反映出本周的波动程度。在周一小幅上涨后，道琼斯指数周二暴跌652.22点。周三，该股在早盘交易中上涨，随后回吐了部分涨幅，最终下跌461.68点，标普500只有包括苹果（股票代码：AAPL）在内的七只股票收盘走高。周四，道琼斯指数创3月份以来最大涨幅，但苹果下跌0.6%，此前有报道称该公司正在让供应商为iPhone需求冷淡做好准备。</blockquote></p><p> On Friday, the Nasdaq got hammered as large, pricey growth stocks, including Adobe (ADBE), Tesla (TSLA), and Nvidia (NVDA), finally got caught up in the selling. “Given the overvalued conditions of many ‘growth’ names, the latter bore the brunt of this week’s correction,” observes Canaccord Genuity analyst Martin Roberge.</p><p><blockquote>周五，纳斯达克遭受重创，包括Adobe(ADBE)、特斯拉(TSLA)和英伟达(NVDA)在内的大型、昂贵的成长型股票最终陷入抛售。Canaccord Genuity分析师马丁·罗伯格(Martin Roberge)表示：“鉴于许多‘成长型’公司的估值过高，后者在本周的调整中首当其冲。”</blockquote></p><p> The S&amp;P 500 finished the week 3.5% off its 2021 high, which is a bit less than the index fell in September, when everyone was predicting a correction that never arrived. This selloff looks like it has more legs. Gone are the generalized fears about valuations and a looming earnings season—which turned out to be just fine—replaced by a new Covid variant and the start of the Federal Reserve’s tightening cycle.</p><p><blockquote>标普500本周收盘较2021年高点下跌3.5%，略低于该指数9月份的跌幅，当时所有人都预测回调从未到来。这次抛售看起来有更多的腿。对估值和即将到来的财报季的普遍担忧已经一去不复返了——事实证明财报季还不错——取而代之的是新的新冠病毒变种和美联储紧缩周期的开始。</blockquote></p><p> Omicron was bad enough on its own—no one knows how much it will hurt the economy—but then Fed Chairman Jerome Powell had to go and acknowledge that inflation isn’t transitory after all and the taper might have to go faster than expected.</p><p><blockquote>奥密克戎本身就已经够糟糕的了——没有人知道它会对经济造成多大伤害——但随后美联储主席Jerome Powell不得不承认通胀毕竟不是暂时的，缩减可能需要比预期更快。</blockquote></p><p> “He leaned on that message so strongly, it tells you some strategy change is coming,” says Dave Donabedian, chief investment officer at CIBC Private Wealth US.</p><p><blockquote>CIBC Private Wealth US首席投资官戴夫·多纳贝迪安(Dave Donabedian)表示：“他非常依赖这一信息，这告诉你一些策略即将发生变化。”</blockquote></p><p> The timing was a bit strange. Headlines about Omicron being found in the U.S. were already troubling the markets. Powell made it worse. Still, rather than asking why he chose that day to make his comments, maybe investors should be asking how much stronger his statement could have been. “Imagine what the speech would have sounded like without the variant,” says MKM Partners Chief Economist Michael Darda.</p><p><blockquote>时机有点奇怪。有关奥密克戎在美国被发现的头条新闻已经让市场感到不安。鲍威尔让情况变得更糟。尽管如此，也许投资者不应该问他为什么选择那天发表评论，而应该问他的声明还能有多强烈。MKM Partners首席经济学家迈克尔·达尔达(Michael Darda)表示：“想象一下，如果没有这种变体，演讲听起来会是什么样子。”</blockquote></p><p> The thing is, Powell is absolutely right to be tacking hawkish, given the strength of the U.S. economy. The jobs report, despite a big headline miss, was solid, with the unemployment rate falling to 4.2% and the participation rate rising to 61.8%. The Institute for Supply Management’s non-manufacturing survey hit 69.1, a record, while the manufacturing index also remains above 60.</p><p><blockquote>问题是，鉴于美国经济的实力，鲍威尔采取鹰派立场是绝对正确的。就业报告尽管出现了重大失误，但表现稳健，失业率降至4.2%，参与率升至61.8%。美国供应管理协会的非制造业调查达到创纪录的69.1，而制造业指数也保持在60以上。</blockquote></p><p> The data has been so good that the Atlanta Fed’s GDPNow estimate for fourth-quarter growth in the U.S. recently hit 9.7%. The consumer price index, which is set to be released this coming Friday, is expected to have risen 0.65% in November. All of that suggests that the economy is ready for tighter monetary policy, even if the stock market isn’t. “Powell is right, even if the market freaks out a little bit,” Darda says.</p><p><blockquote>数据如此之好，以至于亚特兰大联储对美国第四季度增长的GDPNow估计最近达到了9.7%。定于本周五发布的消费者价格指数预计11月份上涨0.65%。所有这些都表明，经济已为收紧货币政策做好了准备，即使股市尚未做好准备。“鲍威尔是对的，即使市场有点恐慌，”达尔达说。</blockquote></p><p> Don’t be surprised if it freaks out a bit more.</p><p><blockquote>如果它变得更疯狂一点，不要感到惊讶。</blockquote></p><p> <b>Morgan Stanley Sees Fed as Bigger Threat to Stocks Than Omicron</b></p><p><blockquote><b>大摩认为美联储对股市的威胁比奥密克戎更大</b></blockquote></p><p> Stock investors probably have more important things to worry about than the emergence of the new coronavirus strain, according to Morgan Stanley strategists.</p><p><blockquote>摩根士丹利策略师表示，股票投资者可能有比新冠病毒株的出现更重要的事情需要担心。</blockquote></p><p> While they are “not that concerned about omicron as a major risk factor for equities,” the strategists see headwinds building elsewhere, after Federal Reserve Chairman Jerome Powell signaled the possible accelerated tapering of asset purchases. “Tapering is tightening for the markets and it will lead to lower valuations like it always does at this stage of any recovery,” the strategists led by Michael Wilson wrote in a note to clients.</p><p><blockquote>虽然他们“不太担心奥密克戎是股市的主要风险因素”，但在美联储主席Jerome Powell暗示可能加速缩减资产购买后，策略师们认为其他地方的阻力正在增加。迈克尔·威尔逊（Michael Wilson）领导的策略师在给客户的一份报告中写道：“缩减购债规模正在收紧市场，这将导致估值下降，就像在复苏的现阶段一样。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2480f1a0450a30811b2f0b6e1a23b008\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The comments echo the views of other strategists, including those at JPMorgan Chase &amp; Co., who&nbsp;singled out a hawkish turn&nbsp;by central banks as the main risk to their outlook for stocks. But while JPMorgan&nbsp;reiterated on Monday&nbsp;that its base-case scenario is for the equities rally to continue into next year, Morgan Stanley sees the S&amp;P 500 trending lower, and valuations declining.</p><p><blockquote>这些评论呼应了其他策略师的观点，包括摩根大通的策略师，他们指出央行的鹰派转向是他们股市前景的主要风险。不过，尽管摩根大通周一重申，其基本情景是股市上涨将持续到明年，但摩根士丹利认为标普500呈走低趋势，估值也在下降。</blockquote></p><p></p><p> “Equity markets are resuming their de-rating process that began over nine months ago for numerous reasons,” the Morgan Stanley strategists wrote. They forecast that the S&amp;P 500 forward price-to-earnings ratio would fall by about 12%, with that decline potentially deeper “as equity investors start to demand much higher risk premiums in anticipation of considerably higher long-term interest rates.”</p><p><blockquote>摩根士丹利策略师写道：“出于多种原因，股市正在恢复九个多月前开始的降级过程。”他们预测，标普500的远期市盈率将下降约12%，而且“随着股票投资者预期长期利率大幅上升，开始要求更高的风险溢价”，降幅可能会更深。</blockquote></p><p> UBS Global Wealth Management strategists said Monday they “expect a period of heightened volatility ahead as investors attempt to assess the risks from omicron and the Fed, based on insufficient and patchy data.” While they advise investors to refrain from a hasty exit from risk assets, the strategists, led by Mark Haefele, said monetary tightening could present a bear case to their base scenario.</p><p><blockquote>瑞银全球财富管理策略师周一表示，他们“预计未来一段时间波动加剧，因为投资者试图根据不充分且不完整的数据来评估奥密克戎和美联储的风险。”虽然他们建议投资者不要仓促退出风险资产，但以马克·海菲尔为首的策略师表示，货币紧缩可能会给他们的基本情景带来看跌理由。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Scares the Stock Market More Than Covid? The Federal Reserve<blockquote>有什么比Covid更让股市害怕？美联储</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 Scares the Stock Market More Than Covid? The Federal Reserve<blockquote>有什么比Covid更让股市害怕？美联储</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-12-06 13:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Now can we have a correction?</p><p><blockquote>现在我们能纠正一下吗？</blockquote></p><p> We’d hoped for something better, like a melt-up into the end of the year. But after watching the stock market get knocked down this past week after slumping on Black Friday—thanks to the discovery of the Omicron variant of Covid-19—it doesn’t seem to be in the cards. Not after the S&amp;P 500 index finished the week down 1.2%, while the Dow Jones Industrial Average fell 319.26 points, or 0.9%, and the Nasdaq Composite slumped 2.6%. The small-cap Russell 2000, down 3.9% for the week, closed in correction territory on Wednesday.</p><p><blockquote>我们曾希望有更好的结果，比如年底前的融化。但由于发现了Covid-19的奥密克戎变种，股市在过去一周黑色星期五暴跌后暴跌，这似乎不太可能。标普500指数本周下跌1.2%，道琼斯工业平均指数下跌319.26点，跌幅0.9%，纳斯达克综合指数下跌2.6%。小盘股罗素2000指数本周下跌3.9%，周三收于回调区域。</blockquote></p><p> Those numbers fail to capture just how volatile the week was. After a small rally on Monday, the Dow tumbled 652.22 points on Tuesday. On Wednesday, it rallied in early trading before giving back those gains—and then some—to finish down 461.68 points, and only seven stocks in the S&amp;P 500, including Apple (ticker: AAPL), managed to finish higher. On Thursday, the Dow had its biggest gain since March, but Apple dropped 0.6% following reports it was preparing suppliers for lukewarm iPhone demand.</p><p><blockquote>这些数字未能反映出本周的波动程度。在周一小幅上涨后，道琼斯指数周二暴跌652.22点。周三，该股在早盘交易中上涨，随后回吐了部分涨幅，最终下跌461.68点，标普500只有包括苹果（股票代码：AAPL）在内的七只股票收盘走高。周四，道琼斯指数创3月份以来最大涨幅，但苹果下跌0.6%，此前有报道称该公司正在让供应商为iPhone需求冷淡做好准备。</blockquote></p><p> On Friday, the Nasdaq got hammered as large, pricey growth stocks, including Adobe (ADBE), Tesla (TSLA), and Nvidia (NVDA), finally got caught up in the selling. “Given the overvalued conditions of many ‘growth’ names, the latter bore the brunt of this week’s correction,” observes Canaccord Genuity analyst Martin Roberge.</p><p><blockquote>周五，纳斯达克遭受重创，包括Adobe(ADBE)、特斯拉(TSLA)和英伟达(NVDA)在内的大型、昂贵的成长型股票最终陷入抛售。Canaccord Genuity分析师马丁·罗伯格(Martin Roberge)表示：“鉴于许多‘成长型’公司的估值过高，后者在本周的调整中首当其冲。”</blockquote></p><p> The S&amp;P 500 finished the week 3.5% off its 2021 high, which is a bit less than the index fell in September, when everyone was predicting a correction that never arrived. This selloff looks like it has more legs. Gone are the generalized fears about valuations and a looming earnings season—which turned out to be just fine—replaced by a new Covid variant and the start of the Federal Reserve’s tightening cycle.</p><p><blockquote>标普500本周收盘较2021年高点下跌3.5%，略低于该指数9月份的跌幅，当时所有人都预测回调从未到来。这次抛售看起来有更多的腿。对估值和即将到来的财报季的普遍担忧已经一去不复返了——事实证明财报季还不错——取而代之的是新的新冠病毒变种和美联储紧缩周期的开始。</blockquote></p><p> Omicron was bad enough on its own—no one knows how much it will hurt the economy—but then Fed Chairman Jerome Powell had to go and acknowledge that inflation isn’t transitory after all and the taper might have to go faster than expected.</p><p><blockquote>奥密克戎本身就已经够糟糕的了——没有人知道它会对经济造成多大伤害——但随后美联储主席Jerome Powell不得不承认通胀毕竟不是暂时的，缩减可能需要比预期更快。</blockquote></p><p> “He leaned on that message so strongly, it tells you some strategy change is coming,” says Dave Donabedian, chief investment officer at CIBC Private Wealth US.</p><p><blockquote>CIBC Private Wealth US首席投资官戴夫·多纳贝迪安(Dave Donabedian)表示：“他非常依赖这一信息，这告诉你一些策略即将发生变化。”</blockquote></p><p> The timing was a bit strange. Headlines about Omicron being found in the U.S. were already troubling the markets. Powell made it worse. Still, rather than asking why he chose that day to make his comments, maybe investors should be asking how much stronger his statement could have been. “Imagine what the speech would have sounded like without the variant,” says MKM Partners Chief Economist Michael Darda.</p><p><blockquote>时机有点奇怪。有关奥密克戎在美国被发现的头条新闻已经让市场感到不安。鲍威尔让情况变得更糟。尽管如此，也许投资者不应该问他为什么选择那天发表评论，而应该问他的声明还能有多强烈。MKM Partners首席经济学家迈克尔·达尔达(Michael Darda)表示：“想象一下，如果没有这种变体，演讲听起来会是什么样子。”</blockquote></p><p> The thing is, Powell is absolutely right to be tacking hawkish, given the strength of the U.S. economy. The jobs report, despite a big headline miss, was solid, with the unemployment rate falling to 4.2% and the participation rate rising to 61.8%. The Institute for Supply Management’s non-manufacturing survey hit 69.1, a record, while the manufacturing index also remains above 60.</p><p><blockquote>问题是，鉴于美国经济的实力，鲍威尔采取鹰派立场是绝对正确的。就业报告尽管出现了重大失误，但表现稳健，失业率降至4.2%，参与率升至61.8%。美国供应管理协会的非制造业调查达到创纪录的69.1，而制造业指数也保持在60以上。</blockquote></p><p> The data has been so good that the Atlanta Fed’s GDPNow estimate for fourth-quarter growth in the U.S. recently hit 9.7%. The consumer price index, which is set to be released this coming Friday, is expected to have risen 0.65% in November. All of that suggests that the economy is ready for tighter monetary policy, even if the stock market isn’t. “Powell is right, even if the market freaks out a little bit,” Darda says.</p><p><blockquote>数据如此之好，以至于亚特兰大联储对美国第四季度增长的GDPNow估计最近达到了9.7%。定于本周五发布的消费者价格指数预计11月份上涨0.65%。所有这些都表明，经济已为收紧货币政策做好了准备，即使股市尚未做好准备。“鲍威尔是对的，即使市场有点恐慌，”达尔达说。</blockquote></p><p> Don’t be surprised if it freaks out a bit more.</p><p><blockquote>如果它变得更疯狂一点，不要感到惊讶。</blockquote></p><p> <b>Morgan Stanley Sees Fed as Bigger Threat to Stocks Than Omicron</b></p><p><blockquote><b>大摩认为美联储对股市的威胁比奥密克戎更大</b></blockquote></p><p> Stock investors probably have more important things to worry about than the emergence of the new coronavirus strain, according to Morgan Stanley strategists.</p><p><blockquote>摩根士丹利策略师表示，股票投资者可能有比新冠病毒株的出现更重要的事情需要担心。</blockquote></p><p> While they are “not that concerned about omicron as a major risk factor for equities,” the strategists see headwinds building elsewhere, after Federal Reserve Chairman Jerome Powell signaled the possible accelerated tapering of asset purchases. “Tapering is tightening for the markets and it will lead to lower valuations like it always does at this stage of any recovery,” the strategists led by Michael Wilson wrote in a note to clients.</p><p><blockquote>虽然他们“不太担心奥密克戎是股市的主要风险因素”，但在美联储主席Jerome Powell暗示可能加速缩减资产购买后，策略师们认为其他地方的阻力正在增加。迈克尔·威尔逊（Michael Wilson）领导的策略师在给客户的一份报告中写道：“缩减购债规模正在收紧市场，这将导致估值下降，就像在复苏的现阶段一样。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2480f1a0450a30811b2f0b6e1a23b008\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The comments echo the views of other strategists, including those at JPMorgan Chase &amp; Co., who&nbsp;singled out a hawkish turn&nbsp;by central banks as the main risk to their outlook for stocks. But while JPMorgan&nbsp;reiterated on Monday&nbsp;that its base-case scenario is for the equities rally to continue into next year, Morgan Stanley sees the S&amp;P 500 trending lower, and valuations declining.</p><p><blockquote>这些评论呼应了其他策略师的观点，包括摩根大通的策略师，他们指出央行的鹰派转向是他们股市前景的主要风险。不过，尽管摩根大通周一重申，其基本情景是股市上涨将持续到明年，但摩根士丹利认为标普500呈走低趋势，估值也在下降。</blockquote></p><p></p><p> “Equity markets are resuming their de-rating process that began over nine months ago for numerous reasons,” the Morgan Stanley strategists wrote. They forecast that the S&amp;P 500 forward price-to-earnings ratio would fall by about 12%, with that decline potentially deeper “as equity investors start to demand much higher risk premiums in anticipation of considerably higher long-term interest rates.”</p><p><blockquote>摩根士丹利策略师写道：“出于多种原因，股市正在恢复九个多月前开始的降级过程。”他们预测，标普500的远期市盈率将下降约12%，而且“随着股票投资者预期长期利率大幅上升，开始要求更高的风险溢价”，降幅可能会更深。</blockquote></p><p> UBS Global Wealth Management strategists said Monday they “expect a period of heightened volatility ahead as investors attempt to assess the risks from omicron and the Fed, based on insufficient and patchy data.” While they advise investors to refrain from a hasty exit from risk assets, the strategists, led by Mark Haefele, said monetary tightening could present a bear case to their base scenario.</p><p><blockquote>瑞银全球财富管理策略师周一表示，他们“预计未来一段时间波动加剧，因为投资者试图根据不充分且不完整的数据来评估奥密克戎和美联储的风险。”虽然他们建议投资者不要仓促退出风险资产，但以马克·海菲尔为首的策略师表示，货币紧缩可能会给他们的基本情景带来看跌理由。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stock-market-covid-omicron-federal-reserve-51638575944\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-covid-omicron-federal-reserve-51638575944","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138852642","content_text":"Now can we have a correction?\nWe’d hoped for something better, like a melt-up into the end of the year. But after watching the stock market get knocked down this past week after slumping on Black Friday—thanks to the discovery of the Omicron variant of Covid-19—it doesn’t seem to be in the cards. Not after the S&P 500 index finished the week down 1.2%, while the Dow Jones Industrial Average fell 319.26 points, or 0.9%, and the Nasdaq Composite slumped 2.6%. The small-cap Russell 2000, down 3.9% for the week, closed in correction territory on Wednesday.\nThose numbers fail to capture just how volatile the week was. After a small rally on Monday, the Dow tumbled 652.22 points on Tuesday. On Wednesday, it rallied in early trading before giving back those gains—and then some—to finish down 461.68 points, and only seven stocks in the S&P 500, including Apple (ticker: AAPL), managed to finish higher. On Thursday, the Dow had its biggest gain since March, but Apple dropped 0.6% following reports it was preparing suppliers for lukewarm iPhone demand.\nOn Friday, the Nasdaq got hammered as large, pricey growth stocks, including Adobe (ADBE), Tesla (TSLA), and Nvidia (NVDA), finally got caught up in the selling. “Given the overvalued conditions of many ‘growth’ names, the latter bore the brunt of this week’s correction,” observes Canaccord Genuity analyst Martin Roberge.\nThe S&P 500 finished the week 3.5% off its 2021 high, which is a bit less than the index fell in September, when everyone was predicting a correction that never arrived. This selloff looks like it has more legs. Gone are the generalized fears about valuations and a looming earnings season—which turned out to be just fine—replaced by a new Covid variant and the start of the Federal Reserve’s tightening cycle.\nOmicron was bad enough on its own—no one knows how much it will hurt the economy—but then Fed Chairman Jerome Powell had to go and acknowledge that inflation isn’t transitory after all and the taper might have to go faster than expected.\n“He leaned on that message so strongly, it tells you some strategy change is coming,” says Dave Donabedian, chief investment officer at CIBC Private Wealth US.\nThe timing was a bit strange. Headlines about Omicron being found in the U.S. were already troubling the markets. Powell made it worse. Still, rather than asking why he chose that day to make his comments, maybe investors should be asking how much stronger his statement could have been. “Imagine what the speech would have sounded like without the variant,” says MKM Partners Chief Economist Michael Darda.\nThe thing is, Powell is absolutely right to be tacking hawkish, given the strength of the U.S. economy. The jobs report, despite a big headline miss, was solid, with the unemployment rate falling to 4.2% and the participation rate rising to 61.8%. The Institute for Supply Management’s non-manufacturing survey hit 69.1, a record, while the manufacturing index also remains above 60.\nThe data has been so good that the Atlanta Fed’s GDPNow estimate for fourth-quarter growth in the U.S. recently hit 9.7%. The consumer price index, which is set to be released this coming Friday, is expected to have risen 0.65% in November. All of that suggests that the economy is ready for tighter monetary policy, even if the stock market isn’t. “Powell is right, even if the market freaks out a little bit,” Darda says.\nDon’t be surprised if it freaks out a bit more.\nMorgan Stanley Sees Fed as Bigger Threat to Stocks Than Omicron\nStock investors probably have more important things to worry about than the emergence of the new coronavirus strain, according to Morgan Stanley strategists.\nWhile they are “not that concerned about omicron as a major risk factor for equities,” the strategists see headwinds building elsewhere, after Federal Reserve Chairman Jerome Powell signaled the possible accelerated tapering of asset purchases. “Tapering is tightening for the markets and it will lead to lower valuations like it always does at this stage of any recovery,” the strategists led by Michael Wilson wrote in a note to clients.\n\nThe comments echo the views of other strategists, including those at JPMorgan Chase & Co., who singled out a hawkish turn by central banks as the main risk to their outlook for stocks. But while JPMorgan reiterated on Monday that its base-case scenario is for the equities rally to continue into next year, Morgan Stanley sees the S&P 500 trending lower, and valuations declining.\n“Equity markets are resuming their de-rating process that began over nine months ago for numerous reasons,” the Morgan Stanley strategists wrote. They forecast that the S&P 500 forward price-to-earnings ratio would fall by about 12%, with that decline potentially deeper “as equity investors start to demand much higher risk premiums in anticipation of considerably higher long-term interest rates.”\nUBS Global Wealth Management strategists said Monday they “expect a period of heightened volatility ahead as investors attempt to assess the risks from omicron and the Fed, based on insufficient and patchy data.” While they advise investors to refrain from a hasty exit from risk assets, the strategists, led by Mark Haefele, said monetary tightening could present a bear case to their base scenario.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875846554,"gmtCreate":1637635796568,"gmtModify":1637635796772,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Oh ok.&nbsp; J powel","listText":"Oh ok.&nbsp; J powel","text":"Oh ok. J powel","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875846554","repostId":"2185306806","repostType":4,"isVote":1,"tweetType":1,"viewCount":938,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878313563,"gmtCreate":1637148073362,"gmtModify":1637148073362,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Can drop moree?&nbsp;","listText":"Can drop moree?&nbsp;","text":"Can drop moree?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878313563","repostId":"1103932041","repostType":4,"isVote":1,"tweetType":1,"viewCount":724,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878313815,"gmtCreate":1637148045408,"gmtModify":1637148045408,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Overhyped?","listText":"Overhyped?","text":"Overhyped?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878313815","repostId":"1120506065","repostType":4,"repost":{"id":"1120506065","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637140375,"share":"https://www.laohu8.com/m/news/1120506065?lang=zh_CN&edition=full","pubTime":"2021-11-17 17:12","market":"us","language":"en","title":"Rivian jumped another 3.6% in premarket trading<blockquote>Rivian在盘前交易中又上涨3.6%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1120506065","media":"Tiger Newspress","summary":"Rivian jumped another 3.6% in premarket trading after surging more than 15% yesterday.Rivian stock h","content":"<p>Rivian jumped another 3.6% in premarket trading&nbsp;after&nbsp;surging more than 15% yesterday.Rivian stock has more than doubled in the past week, since the electric truck maker’s smash-hit initial public offering.</p><p><blockquote>继昨天飙升超过15%后，Rivian在盘前交易中又上涨了3.6%。自电动卡车制造商首次公开募股大受欢迎以来，Rivian股价在过去一周上涨了一倍多。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/923d8c06b374c5762ab19f11ef2bfda1\" tg-width=\"850\" tg-height=\"619\" 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>Rivian jumped another 3.6% in premarket trading<blockquote>Rivian在盘前交易中又上涨3.6%</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\">\nRivian jumped another 3.6% in premarket trading<blockquote>Rivian在盘前交易中又上涨3.6%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-17 17:12</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Rivian jumped another 3.6% in premarket trading&nbsp;after&nbsp;surging more than 15% yesterday.Rivian stock has more than doubled in the past week, since the electric truck maker’s smash-hit initial public offering.</p><p><blockquote>继昨天飙升超过15%后，Rivian在盘前交易中又上涨了3.6%。自电动卡车制造商首次公开募股大受欢迎以来，Rivian股价在过去一周上涨了一倍多。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/923d8c06b374c5762ab19f11ef2bfda1\" tg-width=\"850\" tg-height=\"619\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120506065","content_text":"Rivian jumped another 3.6% in premarket trading after surging more than 15% yesterday.Rivian stock has more than doubled in the past week, since the electric truck maker’s smash-hit initial public offering.","news_type":1,"symbols_score_info":{"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":120338093,"gmtCreate":1624296781712,"gmtModify":1634008182723,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Buy the dip","listText":"Buy the dip","text":"Buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/120338093","repostId":"1119296361","repostType":4,"repost":{"id":"1119296361","kind":"news","pubTimestamp":1624028454,"share":"https://www.laohu8.com/m/news/1119296361?lang=zh_CN&edition=full","pubTime":"2021-06-18 23:00","market":"us","language":"en","title":"Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119296361","media":"Barrons","summary":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier","content":"<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.</p><p><blockquote>当美联储发布6月份货币政策声明时，银行股上涨，该声明指出加息时间早于预期。周四，他们是市场最大的输家之一。</blockquote></p><p> There’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.</p><p><blockquote>这是有充分理由的。银行通常通过短期借钱和长期借钱来赚钱，并从利差中获利。当长期利率上升速度快于短期利率时，银行利润率通常会提高，而当情况相反时，利润会恶化。</blockquote></p><p> After Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&amp;P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&amp;P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%</p><p><blockquote>周三会议结束后，10年期国债收益率大幅反弹，上涨0.071%至1.569%，而两年期国债收益率上涨0.038个百分点至0.203%，两者利差达到1.366个百分点。这种扩大使得金融业，尤其是银行股成为少数几个对美联储周三的声明做出积极反应的行业之一。SPDR S&amp;P Bank ETF(KBE)上涨0.9%，摩根大通(JPM)上涨0.7%，尽管标准普尔500指数下跌0.5%，道琼斯工业平均指数下跌0.8%，纳斯达克综合指数下跌0.2%</blockquote></p><p> The market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&amp;P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&amp;P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.</p><p><blockquote>然而，市场已经改变了主意。10年期国债收益率跌至1.498%，两年期国债收益率升至0.238%，差距为1.26个百分点。对于银行等利率敏感行业来说，所谓的收益率曲线变平是个坏消息。SPDR S&amp;P Bank ETF周四下跌4.5%，周五盘前交易下跌1%。摩根大通周四下跌2.9%，周五下跌约1%。周五标普500期货下跌0.6%，道指期货下跌0.8%。纳斯达克综合指数期货下跌0.4%。</blockquote></p><p> Why the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.</p><p><blockquote>市场为何大转变？为了让收益率继续上升，经济需要表明它正在迅速复苏。否则，投资者将押注美国在2008年金融危机后经历的缓慢增长。Evercore ISI策略师丹尼斯·德布斯切尔(Dennis DeBusschere)表示，由于周四初请失业金人数大幅下降，并在六周下降后首次上升，市场决定关注后者，而不是前者。他写道：“相对于所有人之前的想法，经济前景面临的风险是急剧转向鹰派，同时劳动力市场并不像美联储假设的那么强劲。”</blockquote></p><p> Until that changes, it will be hard for bank stocks to bounce back.</p><p><blockquote>在这种情况改变之前，银行股将很难反弹。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</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\">\nBank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-18 23:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.</p><p><blockquote>当美联储发布6月份货币政策声明时，银行股上涨，该声明指出加息时间早于预期。周四，他们是市场最大的输家之一。</blockquote></p><p> There’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.</p><p><blockquote>这是有充分理由的。银行通常通过短期借钱和长期借钱来赚钱，并从利差中获利。当长期利率上升速度快于短期利率时，银行利润率通常会提高，而当情况相反时，利润会恶化。</blockquote></p><p> After Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&amp;P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&amp;P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%</p><p><blockquote>周三会议结束后，10年期国债收益率大幅反弹，上涨0.071%至1.569%，而两年期国债收益率上涨0.038个百分点至0.203%，两者利差达到1.366个百分点。这种扩大使得金融业，尤其是银行股成为少数几个对美联储周三的声明做出积极反应的行业之一。SPDR S&amp;P Bank ETF(KBE)上涨0.9%，摩根大通(JPM)上涨0.7%，尽管标准普尔500指数下跌0.5%，道琼斯工业平均指数下跌0.8%，纳斯达克综合指数下跌0.2%</blockquote></p><p> The market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&amp;P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&amp;P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.</p><p><blockquote>然而，市场已经改变了主意。10年期国债收益率跌至1.498%，两年期国债收益率升至0.238%，差距为1.26个百分点。对于银行等利率敏感行业来说，所谓的收益率曲线变平是个坏消息。SPDR S&amp;P Bank ETF周四下跌4.5%，周五盘前交易下跌1%。摩根大通周四下跌2.9%，周五下跌约1%。周五标普500期货下跌0.6%，道指期货下跌0.8%。纳斯达克综合指数期货下跌0.4%。</blockquote></p><p> Why the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.</p><p><blockquote>市场为何大转变？为了让收益率继续上升，经济需要表明它正在迅速复苏。否则，投资者将押注美国在2008年金融危机后经历的缓慢增长。Evercore ISI策略师丹尼斯·德布斯切尔(Dennis DeBusschere)表示，由于周四初请失业金人数大幅下降，并在六周下降后首次上升，市场决定关注后者，而不是前者。他写道：“相对于所有人之前的想法，经济前景面临的风险是急剧转向鹰派，同时劳动力市场并不像美联储假设的那么强劲。”</blockquote></p><p> Until that changes, it will be hard for bank stocks to bounce back.</p><p><blockquote>在这种情况改变之前，银行股将很难反弹。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","MS":"摩根士丹利","GS":"高盛","WFC":"富国银行","BAC":"美国银行","C":"花旗"},"source_url":"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119296361","content_text":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.\nThere’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.\nAfter Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%\nThe market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.\nWhy the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.\nUntil that changes, it will be hard for bank stocks to bounce back.","news_type":1,"symbols_score_info":{"WFC":0.9,"C":0.9,"GS":0.9,"JPM":0.9,"BAC":0.9,"MS":0.9}},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":693652992,"gmtCreate":1640016212927,"gmtModify":1640016213146,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/UPST 20220121 250.0 PUT\">$UPST 20220121 250.0 PUT$ &nbsp;</a>what am I suppose to do :(","listText":"<a href=\"https://laohu8.com/OPT/UPST 20220121 250.0 PUT\">$UPST 20220121 250.0 PUT$ &nbsp;</a>what am I suppose to do :(","text":"$UPST 20220121 250.0 PUT$ what am I suppose to do :(","images":[{"img":"https://static.tigerbbs.com/856f7d1ff57712a67a636301138d0d3a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/693652992","isVote":1,"tweetType":1,"viewCount":2810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":603014830,"gmtCreate":1638338640719,"gmtModify":1638338640831,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"I seee","listText":"I seee","text":"I seee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603014830","repostId":"1157895589","repostType":4,"isVote":1,"tweetType":1,"viewCount":2484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876949617,"gmtCreate":1637252013484,"gmtModify":1637252013484,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876949617","repostId":"1140578715","repostType":4,"repost":{"id":"1140578715","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637246010,"share":"https://www.laohu8.com/m/news/1140578715?lang=zh_CN&edition=full","pubTime":"2021-11-18 22:33","market":"us","language":"en","title":"S&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1140578715","media":"Tiger Newspress","summary":"The S&P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust t","content":"<p>The S&amp;P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.</p><p><blockquote>标普500和纳斯达克指数周四高开，芯片制造商英伟达因强劲的第三季度业绩而上涨，而新一批积极的零售收益表明，在通胀上升的背景下，消费者支出强劲。</blockquote></p><p> The Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.</p><p><blockquote>道琼斯工业平均指数(.DJI)开盘下跌29.36点，跌幅0.08%，至35,901.69点。</blockquote></p><p> The S&amp;P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.</p><p><blockquote>标普500(.SPX)开盘上涨12.05点，涨幅0.26%，至4,700.72点，而纳斯达克综合指数(.IXIC)开盘上涨51.82点，涨幅0.33%，至15,973.40点。</blockquote></p><p> Nvidia&nbsp;shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.</p><p><blockquote>英伟达(Nvidia)的季度业绩营收和利润均超出预期，并发布了截至1月份的本季度的乐观收入预测，股价上涨了8%以上。这家芯片制造商报告称，数据中心销售额较去年同期增长了55%，其最大的市场游戏销售额增长了42%。</blockquote></p><p> Those gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.</p><p><blockquote>这些涨幅帮助提振了其他芯片股的交易。Advanced Micro Devices上涨近3%。Skyworks和美光科技涨幅超过1%。另外，GlobalFoundries在透露与福特建立合作伙伴关系以帮助该汽车制造商增加芯片供应后，股价上涨超过8%。</blockquote></p><p> Retail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.</p><p><blockquote>零售业继续其强劲的财报周。梅西百货(Macy's)和科尔百货(Kohl's)的股价当天分别上涨15%和8%。两家公司都超出了季度利润和收入预期，与本周早些时候公布的同行非常相似。大多数公司报告同店销售额较上一年有所增长，投资者对进入假日购物季持乐观态度。</blockquote></p><p> Retail stocks broadly traded higher on Thursday, and the SPDR S&amp;P Retail ETF gained 1.5%.</p><p><blockquote>周四零售股普遍走高，SPDR S&amp;P Retail ETF上涨1.5%。</blockquote></p><p> Elsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.</p><p><blockquote>其他方面，Deere在与自10月14日以来一直罢工的工人达成解决方案后，其股价上涨超过2%。</blockquote></p><p> Dow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.</p><p><blockquote>道指成分股波音公司的股价在摩根大通上调评级后也上涨了近2%，摩根大通表示，随着解决了困扰该公司的几个问题，这家航空航天巨头具有显着的上涨空间。</blockquote></p><p> Going in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.</p><p><blockquote>另一方面，由于收入指引减弱和收入未达预期，思科系统公司股价下跌7%。卡夫亨氏宣布二次发行普通股后，该公司股价也下跌超过3%。</blockquote></p><p> Initial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.</p><p><blockquote>美国劳工部周四报告称，截至11月13日当周，首次申请失业保险的人数小幅下降至268,000人。这是自2020年3月以来的最低水平，也是连续第七周下跌。道琼斯调查的经济学家预计失业人数将降至26万人，而前一周调整后的失业人数为26.9万人。</blockquote></p><p> On&nbsp;Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&amp;P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.</p><p><blockquote>周三，受Visa股价下跌4.7%拖累，道琼斯工业平均指数下跌211点。标普500下跌0.26%。尽管大多数大型科技公司收盘上涨，但纳斯达克综合指数仍下跌0.33%。</blockquote></p><p> The small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.</p><p><blockquote>周三，小盘股基准罗素2000指数表现相对不佳，下跌1.2%。</blockquote></p><p> “Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.</p><p><blockquote>Leuthold Group首席投资策略师吉姆·保尔森(Jim Paulsen)表示：“最近的经济报告仍然强劲，但今天的股市走势突显出，它已经在低估另一个新冠疫情周期。”</blockquote></p><p> “Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.</p><p><blockquote>“对新冠疫情的担忧还导致10年期债券收益率6天来首次下降，并给大宗商品价格带来下行压力，包括原油价格再次大幅下跌。如果通胀持续上升，而新冠疫情再次飙升再次阻碍实体经济活动，我们可能会发现股市如何应对伪滞胀事件，”他补充道。</blockquote></p><p> Investors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.</p><p><blockquote>投资者等待周四应用材料公司和帕洛阿尔托网络公司盘后公布更多零售收益。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</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\">\nS&P 500 rises slightly led by tech shares as Nvidia soars<blockquote>英伟达飙升，科技股领涨标普500小幅上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-18 22:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The S&amp;P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.</p><p><blockquote>标普500和纳斯达克指数周四高开，芯片制造商英伟达因强劲的第三季度业绩而上涨，而新一批积极的零售收益表明，在通胀上升的背景下，消费者支出强劲。</blockquote></p><p> The Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.</p><p><blockquote>道琼斯工业平均指数(.DJI)开盘下跌29.36点，跌幅0.08%，至35,901.69点。</blockquote></p><p> The S&amp;P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.</p><p><blockquote>标普500(.SPX)开盘上涨12.05点，涨幅0.26%，至4,700.72点，而纳斯达克综合指数(.IXIC)开盘上涨51.82点，涨幅0.33%，至15,973.40点。</blockquote></p><p> Nvidia&nbsp;shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.</p><p><blockquote>英伟达(Nvidia)的季度业绩营收和利润均超出预期，并发布了截至1月份的本季度的乐观收入预测，股价上涨了8%以上。这家芯片制造商报告称，数据中心销售额较去年同期增长了55%，其最大的市场游戏销售额增长了42%。</blockquote></p><p> Those gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.</p><p><blockquote>这些涨幅帮助提振了其他芯片股的交易。Advanced Micro Devices上涨近3%。Skyworks和美光科技涨幅超过1%。另外，GlobalFoundries在透露与福特建立合作伙伴关系以帮助该汽车制造商增加芯片供应后，股价上涨超过8%。</blockquote></p><p> Retail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.</p><p><blockquote>零售业继续其强劲的财报周。梅西百货(Macy's)和科尔百货(Kohl's)的股价当天分别上涨15%和8%。两家公司都超出了季度利润和收入预期，与本周早些时候公布的同行非常相似。大多数公司报告同店销售额较上一年有所增长，投资者对进入假日购物季持乐观态度。</blockquote></p><p> Retail stocks broadly traded higher on Thursday, and the SPDR S&amp;P Retail ETF gained 1.5%.</p><p><blockquote>周四零售股普遍走高，SPDR S&amp;P Retail ETF上涨1.5%。</blockquote></p><p> Elsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.</p><p><blockquote>其他方面，Deere在与自10月14日以来一直罢工的工人达成解决方案后，其股价上涨超过2%。</blockquote></p><p> Dow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.</p><p><blockquote>道指成分股波音公司的股价在摩根大通上调评级后也上涨了近2%，摩根大通表示，随着解决了困扰该公司的几个问题，这家航空航天巨头具有显着的上涨空间。</blockquote></p><p> Going in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.</p><p><blockquote>另一方面，由于收入指引减弱和收入未达预期，思科系统公司股价下跌7%。卡夫亨氏宣布二次发行普通股后，该公司股价也下跌超过3%。</blockquote></p><p> Initial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.</p><p><blockquote>美国劳工部周四报告称，截至11月13日当周，首次申请失业保险的人数小幅下降至268,000人。这是自2020年3月以来的最低水平，也是连续第七周下跌。道琼斯调查的经济学家预计失业人数将降至26万人，而前一周调整后的失业人数为26.9万人。</blockquote></p><p> On&nbsp;Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&amp;P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.</p><p><blockquote>周三，受Visa股价下跌4.7%拖累，道琼斯工业平均指数下跌211点。标普500下跌0.26%。尽管大多数大型科技公司收盘上涨，但纳斯达克综合指数仍下跌0.33%。</blockquote></p><p> The small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.</p><p><blockquote>周三，小盘股基准罗素2000指数表现相对不佳，下跌1.2%。</blockquote></p><p> “Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.</p><p><blockquote>Leuthold Group首席投资策略师吉姆·保尔森(Jim Paulsen)表示：“最近的经济报告仍然强劲，但今天的股市走势突显出，它已经在低估另一个新冠疫情周期。”</blockquote></p><p> “Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.</p><p><blockquote>“对新冠疫情的担忧还导致10年期债券收益率6天来首次下降，并给大宗商品价格带来下行压力，包括原油价格再次大幅下跌。如果通胀持续上升，而新冠疫情再次飙升再次阻碍实体经济活动，我们可能会发现股市如何应对伪滞胀事件，”他补充道。</blockquote></p><p> Investors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.</p><p><blockquote>投资者等待周四应用材料公司和帕洛阿尔托网络公司盘后公布更多零售收益。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140578715","content_text":"The S&P 500 and the Nasdaq indexes opened higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation.\nThe Dow Jones Industrial Average(.DJI)fell 29.36 points, or 0.08%, at the open to 35,901.69.\nThe S&P 500(.SPX)opened higher by 12.05 points, or 0.26%, at 4,700.72, while the Nasdaq Composite(.IXIC)gained 51.82 points, or 0.33%, to 15,973.40 at the opening bell.\nNvidia shares popped more than 8% afterbeating on the top and bottom linesof its quarterly results and issued a bullish revenue forecast for the current quarter ending in January. The chipmaker reporter a 55% gain in data center sales from the same period a year ago and its biggest market, gaming, reported a 42% sales increase.\nThose gains helped lift other chip stocks trading. Advanced Micro Devices gained nearly 3%. Skyworks and Micron Technology added more than 1%. Separately, GlobalFoundries jumped more than 8% after revealing itentered a partnership with Fordto help the automaker increase its chip supply.\nRetail continued its big earnings week. Shares of Macy’s and Kohl’s kicked the day off jumping 15% and 8%, respectively. Both companies smashed quarterly profit and revenue estimates, much like its peers who reported earlier in the week. Most have reported same-store sales gains from the previous year and investors are optimistic going into the holiday shopping season.\nRetail stocks broadly traded higher on Thursday, and the SPDR S&P Retail ETF gained 1.5%.\nElsewhere, Deere saw its shares rise more than 2% after it came to a resolution with workers who had been on strike since Oct. 14.\nDow component Boeing also saw its shares rise another almost 2% following an upgrade from JPMorgan, which said the aerospace giant has significant upside as it clears up several issues that have dogged the company.\nGoing in the other direction, Cisco Systems fell 7% due toweaker revenue guidance and a revenue miss. Kraft Heinz shares also dropped more than 3% after the company announced a secondary offering of common stock.\nInitial filings for unemployment insurance fell slightly to 268,000 for the week ending Nov. 13, the Labor Department reported Thursday. That was the lowest level since March 2020, and the seventh straight weekly decline. Economists polled by Dow Jones expected them to have fallen to 260,000, compared to the previous week’s adjusted 269,000 claims.\nOn Wednesday, the Dow Jones Industrial Average lost 211 points, dragged down by a 4.7% loss in Visa shares. The S&P 500 dipped 0.26%. The Nasdaq Composite ticked 0.33% lower, despite most mega-cap technology companies closing in the green.\nThe small-cap benchmark Russell 2000 was the relative underperformer on Wednesday, dropping 1.2%.\n“Recent economic reports remain strong, but today’s stock market action highlights that it is already discounting another Covid cycle,” said Jim Paulsen, chief investment strategist for Leuthold Group.\n“Concerns about Covid also caused the 10-year bond yield to decline for the first time in 6 days and kept downward pressure on commodity prices including another sizable drop in crude oil prices. If inflation keeps rising while another Covid surge again stalls real economic activity, we may find out how the stock market handles a pseudo-stagflationary episode,” he added.\nInvestors await more retail earnings on Thursday withApplied MaterialsandPalo Alto Networksreporting after the bell.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876940722,"gmtCreate":1637251924640,"gmtModify":1637251924640,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Fuyoooo... sad I've alrdy sold long ago :(","listText":"Fuyoooo... sad I've alrdy sold long ago :(","text":"Fuyoooo... sad I've alrdy sold long ago :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876940722","repostId":"1130402483","repostType":4,"repost":{"id":"1130402483","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637246715,"share":"https://www.laohu8.com/m/news/1130402483?lang=zh_CN&edition=full","pubTime":"2021-11-18 22:45","market":"us","language":"en","title":"Roblox reached an all-time high at 135.74 dollars as Morgan Stanley rose its price target by 70%<blockquote>摩根士丹利将目标价上调70%，Roblox触及135.74美元历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130402483","media":"Tiger Newspress","summary":"Roblox reached an all-time high at 135.74 dollars as Morgan Stanley rose its price target by 70%.Rob","content":"<p>Roblox reached an all-time high at 135.74 dollars&nbsp;as Morgan Stanley rose its price target by 70%.<img src=\"https://static.tigerbbs.com/ea67fe79dc5cf395ce86763243316f95\" tg-width=\"778\" tg-height=\"565\" referrerpolicy=\"no-referrer\">Roblox announced on Wednesday (17th) that it will invest 10 million US dollars to develop three educational games for junior high school, high school and college students, and implant educational video games into school education.</p><p><blockquote>摩根士丹利将目标价上调70%，Roblox触及135.74美元的历史新高。Roblox周三（17日）宣布，将投资1000万美元开发三款面向初中、高中和大学生的教育游戏，将教育视频游戏植入学校教育。</blockquote></p><p> Morgan Stanley analyst Brian Nowak maintained Roblox's \"overweight\" rating and raised the target price from $88 to $150. Analysts said that Roblox is optimistic about its leading position in the early stage of meta-universe and higher long-term profitability because it is investing in improving user experience, developing tools and improving brand implantation capabilities. Analysts added that considering Roblox's existing in-app purchase revenue source, advertising revenue outside the stock's current premium was considered appropriate.</p><p><blockquote>大摩分析师Brian Nowak维持Roblox“跑赢大盘”评级，目标价从88美元上调至150美元。分析师表示，Roblox看好其在元宇宙早期的领先地位和更高的长期盈利能力，因为其正在投资改善用户体验、开发工具和提高品牌植入能力。分析师补充称，考虑到Roblox现有的应用内购买收入来源，该股当前溢价之外的广告收入被认为是合适的。</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>Roblox reached an all-time high at 135.74 dollars as Morgan Stanley rose its price target by 70%<blockquote>摩根士丹利将目标价上调70%，Roblox触及135.74美元历史新高</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox reached an all-time high at 135.74 dollars as Morgan Stanley rose its price target by 70%<blockquote>摩根士丹利将目标价上调70%，Roblox触及135.74美元历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-18 22:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Roblox reached an all-time high at 135.74 dollars&nbsp;as Morgan Stanley rose its price target by 70%.<img src=\"https://static.tigerbbs.com/ea67fe79dc5cf395ce86763243316f95\" tg-width=\"778\" tg-height=\"565\" referrerpolicy=\"no-referrer\">Roblox announced on Wednesday (17th) that it will invest 10 million US dollars to develop three educational games for junior high school, high school and college students, and implant educational video games into school education.</p><p><blockquote>摩根士丹利将目标价上调70%，Roblox触及135.74美元的历史新高。Roblox周三（17日）宣布，将投资1000万美元开发三款面向初中、高中和大学生的教育游戏，将教育视频游戏植入学校教育。</blockquote></p><p> Morgan Stanley analyst Brian Nowak maintained Roblox's \"overweight\" rating and raised the target price from $88 to $150. Analysts said that Roblox is optimistic about its leading position in the early stage of meta-universe and higher long-term profitability because it is investing in improving user experience, developing tools and improving brand implantation capabilities. Analysts added that considering Roblox's existing in-app purchase revenue source, advertising revenue outside the stock's current premium was considered appropriate.</p><p><blockquote>大摩分析师Brian Nowak维持Roblox“跑赢大盘”评级，目标价从88美元上调至150美元。分析师表示，Roblox看好其在元宇宙早期的领先地位和更高的长期盈利能力，因为其正在投资改善用户体验、开发工具和提高品牌植入能力。分析师补充称，考虑到Roblox现有的应用内购买收入来源，该股当前溢价之外的广告收入被认为是合适的。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130402483","content_text":"Roblox reached an all-time high at 135.74 dollars as Morgan Stanley rose its price target by 70%.Roblox announced on Wednesday (17th) that it will invest 10 million US dollars to develop three educational games for junior high school, high school and college students, and implant educational video games into school education.\nMorgan Stanley analyst Brian Nowak maintained Roblox's \"overweight\" rating and raised the target price from $88 to $150. Analysts said that Roblox is optimistic about its leading position in the early stage of meta-universe and higher long-term profitability because it is investing in improving user experience, developing tools and improving brand implantation capabilities. Analysts added that considering Roblox's existing in-app purchase revenue source, advertising revenue outside the stock's current premium was considered appropriate.","news_type":1,"symbols_score_info":{"RBLX":0.9}},"isVote":1,"tweetType":1,"viewCount":929,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":121601040,"gmtCreate":1624460361480,"gmtModify":1634005777476,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"On my watch list","listText":"On my watch list","text":"On my watch list","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/121601040","repostId":"2145531099","repostType":4,"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":606078129,"gmtCreate":1638803845788,"gmtModify":1638803928776,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Everyday is just getting worst","listText":"Everyday is just getting worst","text":"Everyday is just getting worst","images":[{"img":"https://static.tigerbbs.com/20ad87d718937ec0433f4125f958a539","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/606078129","isVote":1,"tweetType":1,"viewCount":2434,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":875286496,"gmtCreate":1637658209548,"gmtModify":1637658209608,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Okok","listText":"Okok","text":"Okok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875286496","repostId":"2185802037","repostType":4,"isVote":1,"tweetType":1,"viewCount":998,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":126313711,"gmtCreate":1624544270833,"gmtModify":1634004599216,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Does it mean to sell now since market is rallying?","listText":"Does it mean to sell now since market is rallying?","text":"Does it mean to sell now since market is rallying?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126313711","repostId":"1167326019","repostType":4,"repost":{"id":"1167326019","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624541460,"share":"https://www.laohu8.com/m/news/1167326019?lang=zh_CN&edition=full","pubTime":"2021-06-24 21:31","market":"us","language":"en","title":"S&P 500 rises to retake record at the open, wiping out last week’s Fed swoon<blockquote>标普500股市上涨，重新创下开盘纪录，抹去了上周美联储的低迷</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1167326019","media":"Tiger Newspress","summary":"(June 24) The S&P 500 climbed on Thursday, surpassing its record high set a week ago as the market f","content":"<p>(June 24)&nbsp;The S&amp;P 500 climbed on Thursday, surpassing its record high set a week ago as the market fully recovered losses triggered by the Federal Reserve’s surprise policy pivot.</p><p><blockquote>（6月24日）标普500周四攀升，超过一周前创下的纪录高位，因市场完全收复了美联储意外政策转向引发的跌幅。</blockquote></p><p> The broad equity benchmark rose 0.5% to hit an all-time high, retaking its previous record on June 14. The Dow Jones Industrial Average added 207 points, or 0.6%. The Nasdaq Composite jumped 0.6% to reach another record.</p><p><blockquote>广泛的股票基准上涨0.5%，创下历史新高，重新夺回了6月14日创下的纪录。道琼斯工业平均指数上涨207点，涨幅0.6%。纳斯达克综合指数上涨0.6%，再创历史新高。</blockquote></p><p> A broad group of stocks gained to push the benchmarks to new highs. Tesla added more than 2%, while GM and Caterpillar each gained about 1%.</p><p><blockquote>一大批股票上涨，将基准指数推至新高。特斯拉股价上涨超过2%，通用汽车和卡特彼勒各上涨约1%。</blockquote></p><p> Data out Thursday showed jobless claimstotaled 411,000for the week ended June 19, higher than an estimate of 380,000 from economists polled by Dow Jones.</p><p><blockquote>周四公布的数据显示，截至6月19日当周，初请失业金人数为41.1万人，高于道琼斯调查的经济学家预期的38万人。</blockquote></p><p> Traders are also monitoringinfrastructure package negotiations.A bipartisan group of Senators that have made progress on a plan will meet President Joe Biden at the White House Thursday. The lawmakers have worked for weeks to craft a roughly $1 trillion package that could get through Congress with support from both parties. Republicans have fought the president’s proposal to hike the corporate tax rate to 28% from 21%</p><p><blockquote>交易员也在关注基础设施一揽子计划谈判。在计划上取得进展的两党参议员小组将于周四在白宫会见总统乔·拜登。议员们花了数周时间制定了一项大约1万亿美元的一揽子计划，该计划可能会在两党的支持下在国会获得通过。共和党人反对总统将公司税率从21%提高到28%的提议</blockquote></p><p> Bank shares gained ahead of theFed's annual bank stress test results, which are scheduled for release after the bell on Thursday. The test examines how banks fare during various hypothetical economic downturns. Banks were forced to freeze dividends and stop buybacks during the pandemic. These results should give them the greenlight to eventually raise payouts. Goldman Sachs shares rose about 1%.</p><p><blockquote>在美联储年度银行压力测试结果定于周四盘后发布之前，银行股上涨。该测试考察了银行在各种假设的经济衰退期间的表现。疫情期间，银行被迫冻结股息并停止回购。这些结果应该为他们最终提高支出开了绿灯。高盛股价上涨约1%。</blockquote></p><p> Despite Wednesday's hiccup, the three major indexes are up more than 1% this week, rallying from a sell-off last week after the Fed heightened inflation expectations and forecast rate hikes as soon as 2023. Comments from Fed Chair Jerome Powell during a Congressional testimony Tuesdayreiterated that inflation pressures should be temporary, which seemed to soothe market sentiment.</p><p><blockquote>尽管周三出现了小插曲，但三大股指本周仍上涨逾1%，从上周美联储上调通胀预期并预测最快将于2023年加息后的抛售中反弹。美联储主席杰罗姆·鲍威尔周二在国会作证时重申，通胀压力应该是暂时的，这似乎安抚了市场情绪。</blockquote></p><p> \"Beneath the optimism, markets are at risk of becoming complacent – and vulnerable to shocks. Any signal that interest rates and bond yields could rise, even in the absence of pronounced inflationary pressure, could shatter market exuberance,\" Gaurav Mallik,&nbsp;chief portfolio strategist&nbsp;at&nbsp;State Street&nbsp;Global Advisors, said.</p><p><blockquote>“在乐观情绪之下，市场面临着变得自满的风险，并且容易受到冲击。任何利率和债券收益率可能上升的信号，即使没有明显的通胀压力，都可能粉碎市场的繁荣，”道富环球投资顾问公司首席投资组合策略师高拉夫·马利克(Gaurav Mallik)表示。</blockquote></p><p> \"Central banks will walk a tightrope between allowing the economy to run hot – which history has shown to be a bad idea – and managing inflation risk,\" he added.</p><p><blockquote>他补充道：“央行将在允许经济过热（历史证明这是一个坏主意）和管理通胀风险之间走钢丝。”</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>S&P 500 rises to retake record at the open, wiping out last week’s Fed swoon<blockquote>标普500股市上涨，重新创下开盘纪录，抹去了上周美联储的低迷</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\">\nS&P 500 rises to retake record at the open, wiping out last week’s Fed swoon<blockquote>标普500股市上涨，重新创下开盘纪录，抹去了上周美联储的低迷</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-06-24 21:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(June 24)&nbsp;The S&amp;P 500 climbed on Thursday, surpassing its record high set a week ago as the market fully recovered losses triggered by the Federal Reserve’s surprise policy pivot.</p><p><blockquote>（6月24日）标普500周四攀升，超过一周前创下的纪录高位，因市场完全收复了美联储意外政策转向引发的跌幅。</blockquote></p><p> The broad equity benchmark rose 0.5% to hit an all-time high, retaking its previous record on June 14. The Dow Jones Industrial Average added 207 points, or 0.6%. The Nasdaq Composite jumped 0.6% to reach another record.</p><p><blockquote>广泛的股票基准上涨0.5%，创下历史新高，重新夺回了6月14日创下的纪录。道琼斯工业平均指数上涨207点，涨幅0.6%。纳斯达克综合指数上涨0.6%，再创历史新高。</blockquote></p><p> A broad group of stocks gained to push the benchmarks to new highs. Tesla added more than 2%, while GM and Caterpillar each gained about 1%.</p><p><blockquote>一大批股票上涨，将基准指数推至新高。特斯拉股价上涨超过2%，通用汽车和卡特彼勒各上涨约1%。</blockquote></p><p> Data out Thursday showed jobless claimstotaled 411,000for the week ended June 19, higher than an estimate of 380,000 from economists polled by Dow Jones.</p><p><blockquote>周四公布的数据显示，截至6月19日当周，初请失业金人数为41.1万人，高于道琼斯调查的经济学家预期的38万人。</blockquote></p><p> Traders are also monitoringinfrastructure package negotiations.A bipartisan group of Senators that have made progress on a plan will meet President Joe Biden at the White House Thursday. The lawmakers have worked for weeks to craft a roughly $1 trillion package that could get through Congress with support from both parties. Republicans have fought the president’s proposal to hike the corporate tax rate to 28% from 21%</p><p><blockquote>交易员也在关注基础设施一揽子计划谈判。在计划上取得进展的两党参议员小组将于周四在白宫会见总统乔·拜登。议员们花了数周时间制定了一项大约1万亿美元的一揽子计划，该计划可能会在两党的支持下在国会获得通过。共和党人反对总统将公司税率从21%提高到28%的提议</blockquote></p><p> Bank shares gained ahead of theFed's annual bank stress test results, which are scheduled for release after the bell on Thursday. The test examines how banks fare during various hypothetical economic downturns. Banks were forced to freeze dividends and stop buybacks during the pandemic. These results should give them the greenlight to eventually raise payouts. Goldman Sachs shares rose about 1%.</p><p><blockquote>在美联储年度银行压力测试结果定于周四盘后发布之前，银行股上涨。该测试考察了银行在各种假设的经济衰退期间的表现。疫情期间，银行被迫冻结股息并停止回购。这些结果应该为他们最终提高支出开了绿灯。高盛股价上涨约1%。</blockquote></p><p> Despite Wednesday's hiccup, the three major indexes are up more than 1% this week, rallying from a sell-off last week after the Fed heightened inflation expectations and forecast rate hikes as soon as 2023. Comments from Fed Chair Jerome Powell during a Congressional testimony Tuesdayreiterated that inflation pressures should be temporary, which seemed to soothe market sentiment.</p><p><blockquote>尽管周三出现了小插曲，但三大股指本周仍上涨逾1%，从上周美联储上调通胀预期并预测最快将于2023年加息后的抛售中反弹。美联储主席杰罗姆·鲍威尔周二在国会作证时重申，通胀压力应该是暂时的，这似乎安抚了市场情绪。</blockquote></p><p> \"Beneath the optimism, markets are at risk of becoming complacent – and vulnerable to shocks. Any signal that interest rates and bond yields could rise, even in the absence of pronounced inflationary pressure, could shatter market exuberance,\" Gaurav Mallik,&nbsp;chief portfolio strategist&nbsp;at&nbsp;State Street&nbsp;Global Advisors, said.</p><p><blockquote>“在乐观情绪之下，市场面临着变得自满的风险，并且容易受到冲击。任何利率和债券收益率可能上升的信号，即使没有明显的通胀压力，都可能粉碎市场的繁荣，”道富环球投资顾问公司首席投资组合策略师高拉夫·马利克(Gaurav Mallik)表示。</blockquote></p><p> \"Central banks will walk a tightrope between allowing the economy to run hot – which history has shown to be a bad idea – and managing inflation risk,\" he added.</p><p><blockquote>他补充道：“央行将在允许经济过热（历史证明这是一个坏主意）和管理通胀风险之间走钢丝。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167326019","content_text":"(June 24) The S&P 500 climbed on Thursday, surpassing its record high set a week ago as the market fully recovered losses triggered by the Federal Reserve’s surprise policy pivot.\nThe broad equity benchmark rose 0.5% to hit an all-time high, retaking its previous record on June 14. The Dow Jones Industrial Average added 207 points, or 0.6%. The Nasdaq Composite jumped 0.6% to reach another record.\nA broad group of stocks gained to push the benchmarks to new highs. Tesla added more than 2%, while GM and Caterpillar each gained about 1%.\nData out Thursday showed jobless claimstotaled 411,000for the week ended June 19, higher than an estimate of 380,000 from economists polled by Dow Jones.\nTraders are also monitoringinfrastructure package negotiations.A bipartisan group of Senators that have made progress on a plan will meet President Joe Biden at the White House Thursday. The lawmakers have worked for weeks to craft a roughly $1 trillion package that could get through Congress with support from both parties. Republicans have fought the president’s proposal to hike the corporate tax rate to 28% from 21%\nBank shares gained ahead of theFed's annual bank stress test results, which are scheduled for release after the bell on Thursday. The test examines how banks fare during various hypothetical economic downturns. Banks were forced to freeze dividends and stop buybacks during the pandemic. These results should give them the greenlight to eventually raise payouts. Goldman Sachs shares rose about 1%.\nDespite Wednesday's hiccup, the three major indexes are up more than 1% this week, rallying from a sell-off last week after the Fed heightened inflation expectations and forecast rate hikes as soon as 2023. Comments from Fed Chair Jerome Powell during a Congressional testimony Tuesdayreiterated that inflation pressures should be temporary, which seemed to soothe market sentiment.\n\"Beneath the optimism, markets are at risk of becoming complacent – and vulnerable to shocks. Any signal that interest rates and bond yields could rise, even in the absence of pronounced inflationary pressure, could shatter market exuberance,\" Gaurav Mallik, chief portfolio strategist at State Street Global Advisors, said.\n\"Central banks will walk a tightrope between allowing the economy to run hot – which history has shown to be a bad idea – and managing inflation risk,\" he added.","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":877567219,"gmtCreate":1637945238355,"gmtModify":1637945685155,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Zzzzzz time for shopping?&nbsp;","listText":"Zzzzzz time for shopping?&nbsp;","text":"Zzzzzz time for shopping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877567219","repostId":"2186349420","repostType":2,"isVote":1,"tweetType":1,"viewCount":716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":121266621,"gmtCreate":1624465882863,"gmtModify":1634005672247,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Oh&nbsp;","listText":"Oh&nbsp;","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/121266621","repostId":"1191722749","repostType":4,"repost":{"id":"1191722749","kind":"news","pubTimestamp":1624455982,"share":"https://www.laohu8.com/m/news/1191722749?lang=zh_CN&edition=full","pubTime":"2021-06-23 21:46","market":"us","language":"en","title":"The Fed In A Box, Part 1: They Cannot Raise Interest Rates<blockquote>盒子里的美联储，第一部分：他们不能加息</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191722749","media":"zerohedge","summary":"3 Key Takeaways\n\nThe US Government has over $28 Trillion in Debt\nMuch of the debt is short-term, mak","content":"<p><b>3 Key Takeaways</b></p><p><blockquote><b>3个要点</b></blockquote></p><p> <ol>  <li>The US Government has over $28 Trillion in Debt</li>  <li>Much of the debt is short-term, making it extra sensitive to higher rates</li>  <li>Higher Interest Rates would immediately start putting strain on the Federal Budget</li> </ol> <b>Introduction</b></p><p><blockquote><ol><li>美国政府债务超过28万亿美元</li><li>大部分债务都是短期的，这使得它对利率上升格外敏感</li><li>更高的利率将立即开始给联邦预算带来压力</li></ol><b>介绍</b></blockquote></p><p> The US has over $28 Trillion dollars in debt and it continues to grow at an alarming rate. Even before COVID-19, the problem was becoming unwieldy. Ironically, despite adding $4T+ in debt over the last year, the pandemic may have given the US Government short-term reprieve as it gave the Federal Reserve a green light to drop rates back to zero.</p><p><blockquote>美国有超过28万亿美元的债务，并且还在以惊人的速度增长。甚至在新冠肺炎之前，这个问题就变得棘手了。具有讽刺意味的是，尽管去年增加了4T多美元的债务，但疫情可能给了美国政府短期的喘息机会，因为它为美联储将利率降至零开了绿灯。</blockquote></p><p> First and foremost, this took pressure off the Treasury as it refinanced the ballooning short-term debt outstanding at lower rates. However, even more relief occurred as the Federal Reserve absorbed +90% of the long term debt issued since last March. This allowed more room in the private markets to purchase the issuance of new short-term Treasury Bills. Because the Fed pays interest revenue back to the Treasury, and since interest rates on Treasury Bills are sitting at 0%, this has effectively given the Treasury a&nbsp;<b>$4.5T loan at 0% interest</b>&nbsp;in 15 months!</p><p><blockquote>首先，这减轻了财政部的压力，因为它以较低的利率为不断膨胀的未偿短期债务进行了再融资。然而，随着美联储吸收了自去年3月以来发行的90%以上的长期债务，情况更加缓解。这使得私人市场有更多的空间来购买新发行的短期国库券。因为美联储将利息收入返还给财政部，而且由于国库券的利率为0%，这实际上给了财政部一个<b>$4.5 T 0%利息贷款</b>15个月后！</blockquote></p><p> While this sounds like a great deal, it comes with major risks and has now put the Fed in a box. This will be explained in detail over two articles. Part 1 will explain why the Fed can no longer raise interest rates, and Part 2 will show how the Fed is unable to taper and may even need to increase Treasury purchases to maintain control over the long end of the yield curve.</p><p><blockquote>虽然这听起来是一笔很大的交易，但它伴随着重大风险，现在已经将美联储置于一个盒子里。这将在两篇文章中详细解释。第1部分将解释为什么美联储不能再加息，第2部分将展示美联储如何无法缩减，甚至可能需要增加国债购买，以维持对收益率曲线长端的控制。</blockquote></p><p> <b>$28 Trillion and Growing</b></p><p><blockquote><b>28万亿美元且不断增长</b></blockquote></p><p> The US Government cannot stop spending money. Spending is now far in excess of what is being collected in tax revenues. The US economy continues to experience nominal increases in growth, which has increased Federal Tax receipts, but Federal Spending is growing far faster. Figure 1 below, shows this clear trend.</p><p><blockquote>美国政府不能停止花钱。现在的支出远远超过了税收收入。美国经济继续经历名义增长，这增加了联邦税收收入，但联邦支出增长速度要快得多。下图1显示了这一明显趋势。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8b5576e9901f1f8310629d45af16836a\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> Excess spending has to be paid for using debt. This massive excess in spending has led to proliferate borrowing by the Federal Government resulting in over $28T in total debt outstanding. See figure 2 below.</p><p><blockquote>过度支出必须用债务来支付。这种大规模的过度支出导致联邦政府借贷激增，导致未偿债务总额超过28T美元。见下图2。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ed345b06ec4a35726fe7d9847937cf34\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> For anyone struggling to wrap their mind around the size of $1T, please see this great&nbsp;visual. Now, multiply that by 28!</p><p><blockquote>对于任何努力理解1T美元规模的人来说，请看看这个伟大的视觉效果。现在，把它乘以28！</blockquote></p><p> For most governments, this would be unsustainable as interest rates would rise. This puts pressure on a borrower to bring down spending. The US Government has benefited from three major advantages that are not available to most governments. First, it has the exorbitant privilege of issuing the global reserve currency (for now), which creates far more demand for dollars than would otherwise be the case. The&nbsp;petro-dollar&nbsp;should have its own dedicated article, so that will be skipped in this analysis.</p><p><blockquote>对于大多数政府来说，这将是不可持续的，因为利率将会上升。这给借款人带来了降低支出的压力。美国政府受益于大多数政府所不具备的三大优势。首先，它拥有发行全球储备货币的过高特权（目前），这对美元的需求远远超过其他情况。石油美元应该有自己的专门文章，所以在这个分析中将跳过。</blockquote></p><p> It is important to highlight two other key facts that have allowed spending and borrowing to continue unabated. It has been able to borrow from the Social Security Trust Fund, and the Federal Reserve has absorbed a large chunk of debt issuance in recent years. Not only does this equate to $11T in interest-free loans (as all interest payments return back to the Treasury), but it has prevented the private markets from absorbing all new debt issuance keeping interest rates lower. As Figure 3 below shows, since Jan 2010, the private markets have “only” had to absorb $9T of the $14.5T issued.</p><p><blockquote>重要的是要强调另外两个关键事实，这两个事实使得支出和借贷继续有增无减。它已经能够从社会保障信托基金借款，美联储近年来吸收了很大一部分债务发行。这不仅相当于11T美元的无息贷款（因为所有利息支付都返还给财政部），而且还阻止了私人市场吸收所有新的债务发行，从而保持较低的利率。如下图3所示，自2010年1月以来，私人市场“只”吸收了14.5吨发行的9T美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2dee6e735c0a3c1421eb321c0eae4b54\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov andhttps://fred.stlouisfed.org/</i></p><p><blockquote><i>来源-Treasurydirect.gov和https://fred.stlouisfed.org/</i></blockquote></p><p> Since Jan 2020, the numbers are even more stark. The Treasury has issued $4.5T, of which the Fed has taken on $2.6T (<i>Note: The Fed balance sheet has expanded by greater than $4T, but not all of this was Treasury Debt</i>). Looking deeper into the numbers shows the Fed had an even bigger appetite for longer-dated maturities. With Short Term rates at 0%, the Treasury can sell Treasury Bills to the private sector and still have an interest-free loan. Thus, it has been critical for the Fed to absorb almost all (~90%) the long-term debt issued by the Treasury to keep interest payments low!</p><p><blockquote>自2020年1月以来，数字更加严峻。财政部已发行4.5 T美元，其中美联储已发行2.6 T美元（<i>注：美联储资产负债表已扩大超过4T美元，但并非全部都是国债</i>).深入研究这些数字就会发现，美联储对长期债券的兴趣更大。由于短期利率为0%，财政部可以向私营部门出售国库券，但仍有无息贷款。因此，美联储吸收财政部发行的几乎所有（约90%）长期债务以保持低利息支付至关重要！</blockquote></p><p> <img src=\"https://static.tigerbbs.com/89bf299c6c054e65d3317aa72d0f686a\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> <b>The Treasury has so far avoided higher interest payments</b></p><p><blockquote><b>到目前为止，财政部一直避免支付更高的利息</b></blockquote></p><p></p><p> Zooming back out, the three charts below show why the maneuvers over the last year have been so important. Take one more look at the US Debt load, this time categorized by vehicle. Non-Marketable is debt the government owes itself, Notes represent 1-10 year maturity, Bills less than 1 year, and Bonds &gt;10 years. The two charts below show both the absolute growth in debt and how the makeup of the debt has changed. Since 2008, Notes have experienced the largest growth increasing from 25% of total outstanding to 42%. Non-Marketable went the other way, shrinking from 45% to 25% as the Social Security Trust Fund is no longer a source to borrow from.</p><p><blockquote>缩小范围，下面的三张图表显示了为什么过去一年的演习如此重要。再看看美国的债务负担，这次是按工具分类的。不可销售的是政府欠自己的债务，票据代表1-10年期限，票据少于1年，债券&gt;10年。下面的两张图表显示了债务的绝对增长以及债务构成的变化。自2008年以来，票据经历了最大的增长，从占未偿总额的25%增加到42%。非市场则相反，由于社会保障信托基金不再是借款来源，从45%萎缩至25%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a144f0f9250c364637205e8bd0178bc0\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> <img src=\"https://static.tigerbbs.com/2c1851784731b81544c30c5338624a03\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> It is important to notice the growth in Treasury Bills above. Bills are the highest risk to the Treasury because higher interest rates will affect Bills within months, so it is important to note that in 2015 during the last rate hike cycle they accounted for only $1.4T but now make up $4.3T. This means every .25% rate hike will almost immediately add $10B to Federal spending. The chart below clearly shows the impact of the last interest rate hike cycle. The Pink line shows how Bills followed the Fed hike cycle topping out near 2.25%.</p><p><blockquote>值得注意的是上述国库券的增长。票据是财政部面临的最高风险，因为更高的利率将在几个月内影响票据，因此值得注意的是，在2015年上一次加息周期中，票据仅占1.4 T美元，但现在占4.3 T美元。这意味着每加息0.25%几乎会立即增加100亿美元的联邦支出。下图清楚地显示了上一个加息周期的影响。粉红线显示了美联储加息周期后票据如何达到接近2.25%的峰值。</blockquote></p><p> If the Fed attempted to raise rates in a similar fashion it would immediately add $100B to Federal Spending on ONLY interest due for Treasury Bills. In a scenario where the Fed shrunk its balance sheet back to $1T (no more interest free loans) AND raised interest rates back to 4%, the Treasury would incur an extra $160B in interest rates for Treasury Bills and a whopping $290B on Treasury Notes! This would not factor in any new debt added over that time, which now includes an extra $.5T a year just on interest payments!</p><p><blockquote>如果美联储试图以类似的方式加息，它将立即在联邦支出中增加1000亿美元，仅用于国库券的到期利息。在美联储将资产负债表缩减至1T美元（不再有无息贷款）并将利率提高至4%的情况下，财政部将额外承担160B美元的国库券利率和高达290B美元的国库券利率！这不会考虑在此期间增加的任何新债务，现在仅利息支付就包括每年额外的0.5 T美元！</blockquote></p><p> <img src=\"https://static.tigerbbs.com/04501c54f465fba412ffbf77b81a559f\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> The chart below shows a much clearer impact of how falling interest rates have kept debt payments relatively stable for nearly 20 years. The chart shows the average weighted interest rate and the annualized monthly interest payments. The orange line (average weighted interest rate) is moving in direct opposition to the growth in debt seen above. In the last rate tightening cycle, the chart shows just how quickly higher interest rates increased the debt burden ($150B). The Fed owns very few Treasury Bills ($320B), so those interest payments are NOT returning to the Treasury.</p><p><blockquote>下图更清楚地显示了近20年来利率下降如何使债务支付保持相对稳定的影响。图表显示了平均加权利率和年化每月利息支付。橙色线（平均加权利率）与上面看到的债务增长直接相反。在上一个利率紧缩周期中，图表显示了高利率增加债务负担的速度（$150B）。美联储拥有的国库券很少（$320B），因此这些利息支付不会返还给财政部。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c859933a1e991d3e6ba191ccb6a7609e\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> One final chart to consider. How do these interest payments compare to tax revenue collected by the IRS? In this context, it becomes very clear how much impact the 2015 rate cycle increases had on debt payments.</p><p><blockquote>最后一张要考虑的图表。这些利息支付与国税局征收的税收收入相比如何？在这种背景下，2015年加息周期对债务支付的影响有多大就变得非常清楚了。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/585708ace254d0b79ecddcc77c9c8ca0\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> <b>Wrapping Up</b></p><p><blockquote><b>包装</b></blockquote></p><p> Nothing in this article should be surprising to anyone who even closely watches the US Debt situation or follows financial markets. The charts and graphs attempted to show the trends and put hard numbers behind what most people already know anecdotally. This article does not even touch on how devastating higher interest rates would be on the housing market, corporate debt market, and consumer debt market. Instead it only focuses on the Treasury, which just so happens to be run by the old chair of the Federal Reserve (Janet Yellen).</p><p><blockquote>对于任何密切关注美国债务状况或关注金融市场的人来说，这篇文章中的任何内容都不应该感到惊讶。图表和图形试图显示趋势，并把硬数字放在大多数人已经知道的轶事背后。这篇文章甚至没有谈到更高的利率会对房地产市场、公司债务市场和消费者债务市场造成多大的破坏性。相反，它只关注财政部，而财政部恰好由美联储前主席（珍妮特·耶伦）掌管。</blockquote></p><p> None of this math is overly complex, and all the data is freely available on the Treasury and Fed website. This begs the question, does the Fed realize interest rates cannot go up or are they only looking in the rear-view mirror and assuming that an increase to 2.25% will be similar to 2015 which was “only” derailed by COVID-19? To reiterate, the drop in interest rates gave the Treasury&nbsp;<i>relief</i>&nbsp;from the higher interest payments. Next time they might not even get halfway to 2% with the added debt burden.<b>Unfortunately, for the Fed, their box is tighter than most realize.</b>If the Fed hasn’t figured it out by now,<b>even before they fail to raise interest rates, they will be unable taper Quantitative Easing (debt monetization) much less shrink their balance sheet, without serious consequences.</b>That data will be reviewed in Part 2. Stay tuned!</p><p><blockquote>这些数学计算都不太复杂，所有数据都可以在财政部和美联储网站上免费获得。这就引出了一个问题，美联储是否意识到利率不能上升，或者他们只是看着后视镜，假设加息至2.25%将类似于2015年，而2015年“只是”被新冠肺炎脱轨？重申一下，利率的下降给了财政部<i>宽慰</i>来自较高的利息支付。下一次，由于债务负担的增加，他们可能连2%的一半都达不到。<b>不幸的是，对于美联储来说，他们的盒子比大多数人意识到的要紧。</b>如果美联储现在还没想明白，<b>即使在加息失败之前，他们也无法缩减量化宽松（债务货币化），更不用说缩表了，而不会产生严重后果。</b>这些数据将在第2部分中进行回顾。敬请期待！</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>The Fed In A Box, Part 1: They Cannot Raise Interest Rates<blockquote>盒子里的美联储，第一部分：他们不能加息</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed In A Box, Part 1: They Cannot Raise Interest Rates<blockquote>盒子里的美联储，第一部分：他们不能加息</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-23 21:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>3 Key Takeaways</b></p><p><blockquote><b>3个要点</b></blockquote></p><p> <ol>  <li>The US Government has over $28 Trillion in Debt</li>  <li>Much of the debt is short-term, making it extra sensitive to higher rates</li>  <li>Higher Interest Rates would immediately start putting strain on the Federal Budget</li> </ol> <b>Introduction</b></p><p><blockquote><ol><li>美国政府债务超过28万亿美元</li><li>大部分债务都是短期的，这使得它对利率上升格外敏感</li><li>更高的利率将立即开始给联邦预算带来压力</li></ol><b>介绍</b></blockquote></p><p> The US has over $28 Trillion dollars in debt and it continues to grow at an alarming rate. Even before COVID-19, the problem was becoming unwieldy. Ironically, despite adding $4T+ in debt over the last year, the pandemic may have given the US Government short-term reprieve as it gave the Federal Reserve a green light to drop rates back to zero.</p><p><blockquote>美国有超过28万亿美元的债务，并且还在以惊人的速度增长。甚至在新冠肺炎之前，这个问题就变得棘手了。具有讽刺意味的是，尽管去年增加了4T多美元的债务，但疫情可能给了美国政府短期的喘息机会，因为它为美联储将利率降至零开了绿灯。</blockquote></p><p> First and foremost, this took pressure off the Treasury as it refinanced the ballooning short-term debt outstanding at lower rates. However, even more relief occurred as the Federal Reserve absorbed +90% of the long term debt issued since last March. This allowed more room in the private markets to purchase the issuance of new short-term Treasury Bills. Because the Fed pays interest revenue back to the Treasury, and since interest rates on Treasury Bills are sitting at 0%, this has effectively given the Treasury a&nbsp;<b>$4.5T loan at 0% interest</b>&nbsp;in 15 months!</p><p><blockquote>首先，这减轻了财政部的压力，因为它以较低的利率为不断膨胀的未偿短期债务进行了再融资。然而，随着美联储吸收了自去年3月以来发行的90%以上的长期债务，情况更加缓解。这使得私人市场有更多的空间来购买新发行的短期国库券。因为美联储将利息收入返还给财政部，而且由于国库券的利率为0%，这实际上给了财政部一个<b>$4.5 T 0%利息贷款</b>15个月后！</blockquote></p><p> While this sounds like a great deal, it comes with major risks and has now put the Fed in a box. This will be explained in detail over two articles. Part 1 will explain why the Fed can no longer raise interest rates, and Part 2 will show how the Fed is unable to taper and may even need to increase Treasury purchases to maintain control over the long end of the yield curve.</p><p><blockquote>虽然这听起来是一笔很大的交易，但它伴随着重大风险，现在已经将美联储置于一个盒子里。这将在两篇文章中详细解释。第1部分将解释为什么美联储不能再加息，第2部分将展示美联储如何无法缩减，甚至可能需要增加国债购买，以维持对收益率曲线长端的控制。</blockquote></p><p> <b>$28 Trillion and Growing</b></p><p><blockquote><b>28万亿美元且不断增长</b></blockquote></p><p> The US Government cannot stop spending money. Spending is now far in excess of what is being collected in tax revenues. The US economy continues to experience nominal increases in growth, which has increased Federal Tax receipts, but Federal Spending is growing far faster. Figure 1 below, shows this clear trend.</p><p><blockquote>美国政府不能停止花钱。现在的支出远远超过了税收收入。美国经济继续经历名义增长，这增加了联邦税收收入，但联邦支出增长速度要快得多。下图1显示了这一明显趋势。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8b5576e9901f1f8310629d45af16836a\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> Excess spending has to be paid for using debt. This massive excess in spending has led to proliferate borrowing by the Federal Government resulting in over $28T in total debt outstanding. See figure 2 below.</p><p><blockquote>过度支出必须用债务来支付。这种大规模的过度支出导致联邦政府借贷激增，导致未偿债务总额超过28T美元。见下图2。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ed345b06ec4a35726fe7d9847937cf34\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> For anyone struggling to wrap their mind around the size of $1T, please see this great&nbsp;visual. Now, multiply that by 28!</p><p><blockquote>对于任何努力理解1T美元规模的人来说，请看看这个伟大的视觉效果。现在，把它乘以28！</blockquote></p><p> For most governments, this would be unsustainable as interest rates would rise. This puts pressure on a borrower to bring down spending. The US Government has benefited from three major advantages that are not available to most governments. First, it has the exorbitant privilege of issuing the global reserve currency (for now), which creates far more demand for dollars than would otherwise be the case. The&nbsp;petro-dollar&nbsp;should have its own dedicated article, so that will be skipped in this analysis.</p><p><blockquote>对于大多数政府来说，这将是不可持续的，因为利率将会上升。这给借款人带来了降低支出的压力。美国政府受益于大多数政府所不具备的三大优势。首先，它拥有发行全球储备货币的过高特权（目前），这对美元的需求远远超过其他情况。石油美元应该有自己的专门文章，所以在这个分析中将跳过。</blockquote></p><p> It is important to highlight two other key facts that have allowed spending and borrowing to continue unabated. It has been able to borrow from the Social Security Trust Fund, and the Federal Reserve has absorbed a large chunk of debt issuance in recent years. Not only does this equate to $11T in interest-free loans (as all interest payments return back to the Treasury), but it has prevented the private markets from absorbing all new debt issuance keeping interest rates lower. As Figure 3 below shows, since Jan 2010, the private markets have “only” had to absorb $9T of the $14.5T issued.</p><p><blockquote>重要的是要强调另外两个关键事实，这两个事实使得支出和借贷继续有增无减。它已经能够从社会保障信托基金借款，美联储近年来吸收了很大一部分债务发行。这不仅相当于11T美元的无息贷款（因为所有利息支付都返还给财政部），而且还阻止了私人市场吸收所有新的债务发行，从而保持较低的利率。如下图3所示，自2010年1月以来，私人市场“只”吸收了14.5吨发行的9T美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2dee6e735c0a3c1421eb321c0eae4b54\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov andhttps://fred.stlouisfed.org/</i></p><p><blockquote><i>来源-Treasurydirect.gov和https://fred.stlouisfed.org/</i></blockquote></p><p> Since Jan 2020, the numbers are even more stark. The Treasury has issued $4.5T, of which the Fed has taken on $2.6T (<i>Note: The Fed balance sheet has expanded by greater than $4T, but not all of this was Treasury Debt</i>). Looking deeper into the numbers shows the Fed had an even bigger appetite for longer-dated maturities. With Short Term rates at 0%, the Treasury can sell Treasury Bills to the private sector and still have an interest-free loan. Thus, it has been critical for the Fed to absorb almost all (~90%) the long-term debt issued by the Treasury to keep interest payments low!</p><p><blockquote>自2020年1月以来，数字更加严峻。财政部已发行4.5 T美元，其中美联储已发行2.6 T美元（<i>注：美联储资产负债表已扩大超过4T美元，但并非全部都是国债</i>).深入研究这些数字就会发现，美联储对长期债券的兴趣更大。由于短期利率为0%，财政部可以向私营部门出售国库券，但仍有无息贷款。因此，美联储吸收财政部发行的几乎所有（约90%）长期债务以保持低利息支付至关重要！</blockquote></p><p> <img src=\"https://static.tigerbbs.com/89bf299c6c054e65d3317aa72d0f686a\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> <b>The Treasury has so far avoided higher interest payments</b></p><p><blockquote><b>到目前为止，财政部一直避免支付更高的利息</b></blockquote></p><p></p><p> Zooming back out, the three charts below show why the maneuvers over the last year have been so important. Take one more look at the US Debt load, this time categorized by vehicle. Non-Marketable is debt the government owes itself, Notes represent 1-10 year maturity, Bills less than 1 year, and Bonds &gt;10 years. The two charts below show both the absolute growth in debt and how the makeup of the debt has changed. Since 2008, Notes have experienced the largest growth increasing from 25% of total outstanding to 42%. Non-Marketable went the other way, shrinking from 45% to 25% as the Social Security Trust Fund is no longer a source to borrow from.</p><p><blockquote>缩小范围，下面的三张图表显示了为什么过去一年的演习如此重要。再看看美国的债务负担，这次是按工具分类的。不可销售的是政府欠自己的债务，票据代表1-10年期限，票据少于1年，债券&gt;10年。下面的两张图表显示了债务的绝对增长以及债务构成的变化。自2008年以来，票据经历了最大的增长，从占未偿总额的25%增加到42%。非市场则相反，由于社会保障信托基金不再是借款来源，从45%萎缩至25%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a144f0f9250c364637205e8bd0178bc0\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> <img src=\"https://static.tigerbbs.com/2c1851784731b81544c30c5338624a03\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> It is important to notice the growth in Treasury Bills above. Bills are the highest risk to the Treasury because higher interest rates will affect Bills within months, so it is important to note that in 2015 during the last rate hike cycle they accounted for only $1.4T but now make up $4.3T. This means every .25% rate hike will almost immediately add $10B to Federal spending. The chart below clearly shows the impact of the last interest rate hike cycle. The Pink line shows how Bills followed the Fed hike cycle topping out near 2.25%.</p><p><blockquote>值得注意的是上述国库券的增长。票据是财政部面临的最高风险，因为更高的利率将在几个月内影响票据，因此值得注意的是，在2015年上一次加息周期中，票据仅占1.4 T美元，但现在占4.3 T美元。这意味着每加息0.25%几乎会立即增加100亿美元的联邦支出。下图清楚地显示了上一个加息周期的影响。粉红线显示了美联储加息周期后票据如何达到接近2.25%的峰值。</blockquote></p><p> If the Fed attempted to raise rates in a similar fashion it would immediately add $100B to Federal Spending on ONLY interest due for Treasury Bills. In a scenario where the Fed shrunk its balance sheet back to $1T (no more interest free loans) AND raised interest rates back to 4%, the Treasury would incur an extra $160B in interest rates for Treasury Bills and a whopping $290B on Treasury Notes! This would not factor in any new debt added over that time, which now includes an extra $.5T a year just on interest payments!</p><p><blockquote>如果美联储试图以类似的方式加息，它将立即在联邦支出中增加1000亿美元，仅用于国库券的到期利息。在美联储将资产负债表缩减至1T美元（不再有无息贷款）并将利率提高至4%的情况下，财政部将额外承担160B美元的国库券利率和高达290B美元的国库券利率！这不会考虑在此期间增加的任何新债务，现在仅利息支付就包括每年额外的0.5 T美元！</blockquote></p><p> <img src=\"https://static.tigerbbs.com/04501c54f465fba412ffbf77b81a559f\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> The chart below shows a much clearer impact of how falling interest rates have kept debt payments relatively stable for nearly 20 years. The chart shows the average weighted interest rate and the annualized monthly interest payments. The orange line (average weighted interest rate) is moving in direct opposition to the growth in debt seen above. In the last rate tightening cycle, the chart shows just how quickly higher interest rates increased the debt burden ($150B). The Fed owns very few Treasury Bills ($320B), so those interest payments are NOT returning to the Treasury.</p><p><blockquote>下图更清楚地显示了近20年来利率下降如何使债务支付保持相对稳定的影响。图表显示了平均加权利率和年化每月利息支付。橙色线（平均加权利率）与上面看到的债务增长直接相反。在上一个利率紧缩周期中，图表显示了高利率增加债务负担的速度（$150B）。美联储拥有的国库券很少（$320B），因此这些利息支付不会返还给财政部。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c859933a1e991d3e6ba191ccb6a7609e\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> One final chart to consider. How do these interest payments compare to tax revenue collected by the IRS? In this context, it becomes very clear how much impact the 2015 rate cycle increases had on debt payments.</p><p><blockquote>最后一张要考虑的图表。这些利息支付与国税局征收的税收收入相比如何？在这种背景下，2015年加息周期对债务支付的影响有多大就变得非常清楚了。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/585708ace254d0b79ecddcc77c9c8ca0\" tg-width=\"1024\" tg-height=\"512\"></p><p><blockquote></blockquote></p><p> <i>Source – Treasurydirect.gov</i></p><p><blockquote><i>来源-Treasurydirect.gov</i></blockquote></p><p> <b>Wrapping Up</b></p><p><blockquote><b>包装</b></blockquote></p><p> Nothing in this article should be surprising to anyone who even closely watches the US Debt situation or follows financial markets. The charts and graphs attempted to show the trends and put hard numbers behind what most people already know anecdotally. This article does not even touch on how devastating higher interest rates would be on the housing market, corporate debt market, and consumer debt market. Instead it only focuses on the Treasury, which just so happens to be run by the old chair of the Federal Reserve (Janet Yellen).</p><p><blockquote>对于任何密切关注美国债务状况或关注金融市场的人来说，这篇文章中的任何内容都不应该感到惊讶。图表和图形试图显示趋势，并把硬数字放在大多数人已经知道的轶事背后。这篇文章甚至没有谈到更高的利率会对房地产市场、公司债务市场和消费者债务市场造成多大的破坏性。相反，它只关注财政部，而财政部恰好由美联储前主席（珍妮特·耶伦）掌管。</blockquote></p><p> None of this math is overly complex, and all the data is freely available on the Treasury and Fed website. This begs the question, does the Fed realize interest rates cannot go up or are they only looking in the rear-view mirror and assuming that an increase to 2.25% will be similar to 2015 which was “only” derailed by COVID-19? To reiterate, the drop in interest rates gave the Treasury&nbsp;<i>relief</i>&nbsp;from the higher interest payments. Next time they might not even get halfway to 2% with the added debt burden.<b>Unfortunately, for the Fed, their box is tighter than most realize.</b>If the Fed hasn’t figured it out by now,<b>even before they fail to raise interest rates, they will be unable taper Quantitative Easing (debt monetization) much less shrink their balance sheet, without serious consequences.</b>That data will be reviewed in Part 2. Stay tuned!</p><p><blockquote>这些数学计算都不太复杂，所有数据都可以在财政部和美联储网站上免费获得。这就引出了一个问题，美联储是否意识到利率不能上升，或者他们只是看着后视镜，假设加息至2.25%将类似于2015年，而2015年“只是”被新冠肺炎脱轨？重申一下，利率的下降给了财政部<i>宽慰</i>来自较高的利息支付。下一次，由于债务负担的增加，他们可能连2%的一半都达不到。<b>不幸的是，对于美联储来说，他们的盒子比大多数人意识到的要紧。</b>如果美联储现在还没想明白，<b>即使在加息失败之前，他们也无法缩减量化宽松（债务货币化），更不用说缩表了，而不会产生严重后果。</b>这些数据将在第2部分中进行回顾。敬请期待！</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/fed-box-part-1-they-cannot-raise-interest-rates\">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":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/fed-box-part-1-they-cannot-raise-interest-rates","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191722749","content_text":"3 Key Takeaways\n\nThe US Government has over $28 Trillion in Debt\nMuch of the debt is short-term, making it extra sensitive to higher rates\nHigher Interest Rates would immediately start putting strain on the Federal Budget\n\nIntroduction\nThe US has over $28 Trillion dollars in debt and it continues to grow at an alarming rate. Even before COVID-19, the problem was becoming unwieldy. Ironically, despite adding $4T+ in debt over the last year, the pandemic may have given the US Government short-term reprieve as it gave the Federal Reserve a green light to drop rates back to zero.\nFirst and foremost, this took pressure off the Treasury as it refinanced the ballooning short-term debt outstanding at lower rates. However, even more relief occurred as the Federal Reserve absorbed +90% of the long term debt issued since last March. This allowed more room in the private markets to purchase the issuance of new short-term Treasury Bills. Because the Fed pays interest revenue back to the Treasury, and since interest rates on Treasury Bills are sitting at 0%, this has effectively given the Treasury a $4.5T loan at 0% interest in 15 months!\nWhile this sounds like a great deal, it comes with major risks and has now put the Fed in a box. This will be explained in detail over two articles. Part 1 will explain why the Fed can no longer raise interest rates, and Part 2 will show how the Fed is unable to taper and may even need to increase Treasury purchases to maintain control over the long end of the yield curve.\n$28 Trillion and Growing\nThe US Government cannot stop spending money. Spending is now far in excess of what is being collected in tax revenues. The US economy continues to experience nominal increases in growth, which has increased Federal Tax receipts, but Federal Spending is growing far faster. Figure 1 below, shows this clear trend.\n\nSource – Treasurydirect.gov\nExcess spending has to be paid for using debt. This massive excess in spending has led to proliferate borrowing by the Federal Government resulting in over $28T in total debt outstanding. See figure 2 below.\n\nSource – Treasurydirect.gov\nFor anyone struggling to wrap their mind around the size of $1T, please see this great visual. Now, multiply that by 28!\nFor most governments, this would be unsustainable as interest rates would rise. This puts pressure on a borrower to bring down spending. The US Government has benefited from three major advantages that are not available to most governments. First, it has the exorbitant privilege of issuing the global reserve currency (for now), which creates far more demand for dollars than would otherwise be the case. The petro-dollar should have its own dedicated article, so that will be skipped in this analysis.\nIt is important to highlight two other key facts that have allowed spending and borrowing to continue unabated. It has been able to borrow from the Social Security Trust Fund, and the Federal Reserve has absorbed a large chunk of debt issuance in recent years. Not only does this equate to $11T in interest-free loans (as all interest payments return back to the Treasury), but it has prevented the private markets from absorbing all new debt issuance keeping interest rates lower. As Figure 3 below shows, since Jan 2010, the private markets have “only” had to absorb $9T of the $14.5T issued.\n\nSource – Treasurydirect.gov andhttps://fred.stlouisfed.org/\nSince Jan 2020, the numbers are even more stark. The Treasury has issued $4.5T, of which the Fed has taken on $2.6T (Note: The Fed balance sheet has expanded by greater than $4T, but not all of this was Treasury Debt). Looking deeper into the numbers shows the Fed had an even bigger appetite for longer-dated maturities. With Short Term rates at 0%, the Treasury can sell Treasury Bills to the private sector and still have an interest-free loan. Thus, it has been critical for the Fed to absorb almost all (~90%) the long-term debt issued by the Treasury to keep interest payments low!\n\nSource – Treasurydirect.gov\nThe Treasury has so far avoided higher interest payments\nZooming back out, the three charts below show why the maneuvers over the last year have been so important. Take one more look at the US Debt load, this time categorized by vehicle. Non-Marketable is debt the government owes itself, Notes represent 1-10 year maturity, Bills less than 1 year, and Bonds >10 years. The two charts below show both the absolute growth in debt and how the makeup of the debt has changed. Since 2008, Notes have experienced the largest growth increasing from 25% of total outstanding to 42%. Non-Marketable went the other way, shrinking from 45% to 25% as the Social Security Trust Fund is no longer a source to borrow from.\n\nSource – Treasurydirect.gov\n\nSource – Treasurydirect.gov\nIt is important to notice the growth in Treasury Bills above. Bills are the highest risk to the Treasury because higher interest rates will affect Bills within months, so it is important to note that in 2015 during the last rate hike cycle they accounted for only $1.4T but now make up $4.3T. This means every .25% rate hike will almost immediately add $10B to Federal spending. The chart below clearly shows the impact of the last interest rate hike cycle. The Pink line shows how Bills followed the Fed hike cycle topping out near 2.25%.\nIf the Fed attempted to raise rates in a similar fashion it would immediately add $100B to Federal Spending on ONLY interest due for Treasury Bills. In a scenario where the Fed shrunk its balance sheet back to $1T (no more interest free loans) AND raised interest rates back to 4%, the Treasury would incur an extra $160B in interest rates for Treasury Bills and a whopping $290B on Treasury Notes! This would not factor in any new debt added over that time, which now includes an extra $.5T a year just on interest payments!\n\nSource – Treasurydirect.gov\nThe chart below shows a much clearer impact of how falling interest rates have kept debt payments relatively stable for nearly 20 years. The chart shows the average weighted interest rate and the annualized monthly interest payments. The orange line (average weighted interest rate) is moving in direct opposition to the growth in debt seen above. In the last rate tightening cycle, the chart shows just how quickly higher interest rates increased the debt burden ($150B). The Fed owns very few Treasury Bills ($320B), so those interest payments are NOT returning to the Treasury.\n\nSource – Treasurydirect.gov\nOne final chart to consider. How do these interest payments compare to tax revenue collected by the IRS? In this context, it becomes very clear how much impact the 2015 rate cycle increases had on debt payments.\n\nSource – Treasurydirect.gov\nWrapping Up\nNothing in this article should be surprising to anyone who even closely watches the US Debt situation or follows financial markets. The charts and graphs attempted to show the trends and put hard numbers behind what most people already know anecdotally. This article does not even touch on how devastating higher interest rates would be on the housing market, corporate debt market, and consumer debt market. Instead it only focuses on the Treasury, which just so happens to be run by the old chair of the Federal Reserve (Janet Yellen).\nNone of this math is overly complex, and all the data is freely available on the Treasury and Fed website. This begs the question, does the Fed realize interest rates cannot go up or are they only looking in the rear-view mirror and assuming that an increase to 2.25% will be similar to 2015 which was “only” derailed by COVID-19? To reiterate, the drop in interest rates gave the Treasury relief from the higher interest payments. Next time they might not even get halfway to 2% with the added debt burden.Unfortunately, for the Fed, their box is tighter than most realize.If the Fed hasn’t figured it out by now,even before they fail to raise interest rates, they will be unable taper Quantitative Easing (debt monetization) much less shrink their balance sheet, without serious consequences.That data will be reviewed in Part 2. Stay tuned!","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":738,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129242439,"gmtCreate":1624375339821,"gmtModify":1634007032918,"author":{"id":"3577853640817618","authorId":"3577853640817618","name":"xuannie","avatar":"https://static.tigerbbs.com/094bb4526c85c5b6ade1fef7274ae82b","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577853640817618","idStr":"3577853640817618"},"themes":[],"htmlText":"Hm ok","listText":"Hm ok","text":"Hm ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129242439","repostId":"1177499959","repostType":4,"isVote":1,"tweetType":1,"viewCount":760,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}