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DungeonMaste

DungeonMaste

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0勋章

2021-04-10

Okay

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2021-04-12

Cathie need to load up on BABA, yes or no?

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2021-04-15

Reply to my comment please :)

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2021-04-08

Stonks only go up

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2021-04-07

Bullish on CNY

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2021-04-05

Buy buy

GameStop shares plunged 11% in premarket trading after announcing share sale plan

2021-04-14

Indeed

Monetary Policy Blunder: Not Managing Economic & Financial Outcomes Equally

2021-04-14

Bullish, agree?

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2021-04-07

RDS for the win

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2021-04-11

$Alibaba(09988)$Now that the uncertainty is behind us, BABA to the moon

2021-04-10

$Alibaba(BABA)$hope it goes up

2021-04-09

Yes, buy on any dips

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2021-04-08

$Alibaba(BABA)$1st purchase.

2021-04-12

$Alibaba(09988)$baba up big today

2021-04-10

Nio will zoom

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2021-04-15

Will it go up?

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2021-04-14

Awesome

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2021-04-14

Nope

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2021-04-12

Bad news is already priced in. So uncertainty is over. Now to the moon we go.

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2021-04-10

Which is better nio or xpeng?

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to my comment please :)","listText":"Reply to my comment please :)","text":"Reply to my comment please 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agree?","images":[{"img":"https://static.tigerbbs.com/ebd4da6951a30382c548055a8d9031db","width":"1080","height":"2010"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/344627625","isVote":1,"tweetType":1,"viewCount":1536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344624935,"gmtCreate":1618407588427,"gmtModify":1634293164020,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>too high","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>too high","text":"$Apple(AAPL)$too 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23:56","market":"us","language":"en","title":"Monetary Policy Blunder: Not Managing Economic & Financial Outcomes Equally","url":"https://stock-news.laohu8.com/highlight/detail?id=1112150823","media":"zerohedge","summary":"Actual economic outcomes and not forecasted onesare the new policy of the Federal Reserve. Yet, this","content":"<p><b>Actual economic outcomes and not forecasted ones</b>are the new policy of the Federal Reserve. Yet, this strategy's flaw is that it is<b>limited to economic outcomes and overlooks or ignores financial ones.</b>It is not a coincidence that the last two recessions resulted from asset price imbalances rather than too much general inflation.</p>\n<p><b>Failure to look at asset market outcomes &amp; excesses as an equal cause of adverse outcomes only increases the odds it will reoccur.</b></p>\n<p>In a recent interview at Barron's, Ms. Mary Daly, President of the San Francisco Federal Reserve Bank, was asked about the red-hot housing market and whether the Fed should adjust its buying mortgage securities fueling home-buying. Ms. Daly said, \"People getting into housing because interest rates are lower and they can afford a mortgage is a positive development...One of the transmission mechanisms we have is to lower the interest rate. ....It has worked well. ....I see this as a Federal Reserve win. Our monetary policy transmission mechanism is working.\"</p>\n<p>The house price index published by the Federal Housing Finance Agency (FHFA) is up 12% in the last twelve months. During the 2000s housing bubble, the fastest one-year increase in housing prices occurred in 2005 when prices rose 10.4%. The current house price surge is 160 basis points above the bubble surge, and the residential real estate market value is also one-third higher than the peak of the housing bubble.</p>\n<p><b>Yet, Ms. Daly sees no adverse risks in providing more monetary fuel to housing as her priorities are \"to make sure that every American who wants a job has one, and inflation gets back to the average 2% inflation target.\"</b>The Fed dismissed the red-hot housing market's dangers in the 2000s, only to confront the financial system's near-collapse when house prices fell hard. That proved to be a significant policy error, and the risk of another one is growing with each passing day.</p>\n<p>With equity markets at record levels, policymakers at least acknowledge elevated levels. Still, they are reluctant to act to dampen investor enthusiasm and speculation. Federal Reserve Bank of Dallas President Robert Kaplan recently commented, \"There's no question that financial assets, broadly, are at elevated valuation levels.\" He was concerned \"about excess risking and if excess risk-taking goes too far, whether it creates excesses or imbalances, that could ultimately create challenges..\" Yet, Mr. Kaplan said he was willing to wait until 2022 to raise official rates, and even then by only 25 basis points.</p>\n<p>Painting by the numbers: domestic equities' market value has increased 50% or $16 trillion to $48.7 trillion in the past two years.<b>At the end of 2020, the equities' domestic market valuation was 2.3X times Nominal GDP, a new record high and 50 basis points (or $10 trillion) higher than the prior record during the tech bubble peak in 2000.</b>Finance and the economy are more interconnected nowadays than in 2000, so a sharp pullback in equity values would have a more significant adverse impact.</p>\n<p><img src=\"https://static.tigerbbs.com/282d05e1348f989bb00f6fb5d16e91c6\" tg-width=\"500\" tg-height=\"296\"><b>Not all asset price bubbles are alike. But after experiencing two in the past 20 years, the characteristics of bubbles are known.</b>During the tech and housing bubbles, the Federal Reserve view was to ignore the elevated asset prices. That's because most thought if a speculative asset bubble burst, policymakers could quickly bring down official rates to alleviate the broader economy's damage. In hindsight, that proved to be poor judgment since both the tech and housing bubbles triggered an economic recession, with a near-collapse in the financial system following the housing bust.</p>\n<p>The Fed's easy-money policy has put a lot of wind at the backs of the asset markets.<b>It's striking to see the Fed's willingness to maintain the scale of monetary accommodation, especially given their poor record with asset bubbles.</b>Monetary policy (i.e., official rates) may be too blunt of a tool for practical use to deflate bubbles, but that does not mean a policy of low rates can't create them.</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>Monetary Policy Blunder: Not Managing Economic & Financial Outcomes Equally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMonetary Policy Blunder: Not Managing Economic & Financial Outcomes Equally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-13 23:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/monetary-policy-blunder-not-managing-economic-financial-outcomes-equally?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Actual economic outcomes and not forecasted onesare the new policy of the Federal Reserve. Yet, this strategy's flaw is that it islimited to economic outcomes and overlooks or ignores financial ones....</p>\n\n<a href=\"https://www.zerohedge.com/economics/monetary-policy-blunder-not-managing-economic-financial-outcomes-equally?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/economics/monetary-policy-blunder-not-managing-economic-financial-outcomes-equally?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112150823","content_text":"Actual economic outcomes and not forecasted onesare the new policy of the Federal Reserve. Yet, this strategy's flaw is that it islimited to economic outcomes and overlooks or ignores financial ones.It is not a coincidence that the last two recessions resulted from asset price imbalances rather than too much general inflation.\nFailure to look at asset market outcomes & excesses as an equal cause of adverse outcomes only increases the odds it will reoccur.\nIn a recent interview at Barron's, Ms. Mary Daly, President of the San Francisco Federal Reserve Bank, was asked about the red-hot housing market and whether the Fed should adjust its buying mortgage securities fueling home-buying. Ms. Daly said, \"People getting into housing because interest rates are lower and they can afford a mortgage is a positive development...One of the transmission mechanisms we have is to lower the interest rate. ....It has worked well. ....I see this as a Federal Reserve win. Our monetary policy transmission mechanism is working.\"\nThe house price index published by the Federal Housing Finance Agency (FHFA) is up 12% in the last twelve months. During the 2000s housing bubble, the fastest one-year increase in housing prices occurred in 2005 when prices rose 10.4%. The current house price surge is 160 basis points above the bubble surge, and the residential real estate market value is also one-third higher than the peak of the housing bubble.\nYet, Ms. Daly sees no adverse risks in providing more monetary fuel to housing as her priorities are \"to make sure that every American who wants a job has one, and inflation gets back to the average 2% inflation target.\"The Fed dismissed the red-hot housing market's dangers in the 2000s, only to confront the financial system's near-collapse when house prices fell hard. That proved to be a significant policy error, and the risk of another one is growing with each passing day.\nWith equity markets at record levels, policymakers at least acknowledge elevated levels. Still, they are reluctant to act to dampen investor enthusiasm and speculation. Federal Reserve Bank of Dallas President Robert Kaplan recently commented, \"There's no question that financial assets, broadly, are at elevated valuation levels.\" He was concerned \"about excess risking and if excess risk-taking goes too far, whether it creates excesses or imbalances, that could ultimately create challenges..\" Yet, Mr. Kaplan said he was willing to wait until 2022 to raise official rates, and even then by only 25 basis points.\nPainting by the numbers: domestic equities' market value has increased 50% or $16 trillion to $48.7 trillion in the past two years.At the end of 2020, the equities' domestic market valuation was 2.3X times Nominal GDP, a new record high and 50 basis points (or $10 trillion) higher than the prior record during the tech bubble peak in 2000.Finance and the economy are more interconnected nowadays than in 2000, so a sharp pullback in equity values would have a more significant adverse impact.\nNot all asset price bubbles are alike. But after experiencing two in the past 20 years, the characteristics of bubbles are known.During the tech and housing bubbles, the Federal Reserve view was to ignore the elevated asset prices. That's because most thought if a speculative asset bubble burst, policymakers could quickly bring down official rates to alleviate the broader economy's damage. In hindsight, that proved to be poor judgment since both the tech and housing bubbles triggered an economic recession, with a near-collapse in the financial system following the housing bust.\nThe Fed's easy-money policy has put a lot of wind at the backs of the asset markets.It's striking to see the Fed's willingness to maintain the scale of monetary accommodation, especially given their poor record with asset bubbles.Monetary policy (i.e., official rates) may be too blunt of a tool for practical use to deflate bubbles, but that does not mean a policy of low rates can't create them.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1767,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345772549,"gmtCreate":1618357888081,"gmtModify":1634293545496,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345772549","repostId":"1113147296","repostType":4,"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345426816,"gmtCreate":1618332817935,"gmtModify":1634293639689,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Bullish, agree?","listText":"Bullish, agree?","text":"Bullish, agree?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/345426816","repostId":"2127108970","repostType":4,"isVote":1,"tweetType":1,"viewCount":819,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345428703,"gmtCreate":1618332705602,"gmtModify":1634293640147,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Bad day","listText":"Bad day","text":"Bad day","images":[{"img":"https://static.tigerbbs.com/08e476ceef33790344a4b9405390ef89","width":"1080","height":"2010"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345428703","isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":345489407,"gmtCreate":1618329631209,"gmtModify":1634293653012,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Nope","listText":"Nope","text":"Nope","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345489407","repostId":"1194635432","repostType":4,"isVote":1,"tweetType":1,"viewCount":701,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342686566,"gmtCreate":1618210314955,"gmtModify":1634294407072,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Yes//<a href=\"https://laohu8.com/U/3580347752614472\">@DungeonMaste</a>: Bad news is already priced in. So uncertainty is over. Now to the moon we go.","listText":"Yes//<a href=\"https://laohu8.com/U/3580347752614472\">@DungeonMaste</a>: Bad news is already priced in. So uncertainty is over. Now to the moon we go.","text":"Yes//@DungeonMaste: Bad news is already priced in. So uncertainty is over. Now to the moon we go.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342686566","repostId":"1128713746","repostType":4,"isVote":1,"tweetType":1,"viewCount":474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342683094,"gmtCreate":1618209980118,"gmtModify":1634294408751,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Bad news is already priced in. So uncertainty is over. Now to the moon we go.","listText":"Bad news is already priced in. So uncertainty is over. Now to the moon we go.","text":"Bad news is already priced in. So uncertainty is over. Now to the moon we go.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342683094","repostId":"1128713746","repostType":4,"isVote":1,"tweetType":1,"viewCount":766,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342614797,"gmtCreate":1618209638919,"gmtModify":1634294410729,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Cathie need to load up on BABA, yes or no?","listText":"Cathie need to load up on BABA, yes or no?","text":"Cathie need to load up on BABA, yes or no?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/342614797","repostId":"1157329413","repostType":4,"isVote":1,"tweetType":1,"viewCount":545,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342614132,"gmtCreate":1618209593226,"gmtModify":1634294411090,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Next stock to rise","listText":"Next stock to rise","text":"Next stock to rise","images":[{"img":"https://static.tigerbbs.com/eea2c3582913c5627305114234912007","width":"1080","height":"1983"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342614132","isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":342615761,"gmtCreate":1618209544053,"gmtModify":1634294411333,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>baba up big today","listText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>baba up big today","text":"$Alibaba(09988)$baba up big today","images":[{"img":"https://static.tigerbbs.com/7bb4f134ff8d84a4d7862a7de6b28e4e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342615761","isVote":1,"tweetType":1,"viewCount":680,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":346727098,"gmtCreate":1618116034214,"gmtModify":1634294820356,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>Now that the uncertainty is behind us, BABA to the moon","listText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>Now that the uncertainty is behind us, BABA to the moon","text":"$Alibaba(09988)$Now that the uncertainty is behind us, BABA to the moon","images":[{"img":"https://static.tigerbbs.com/df15ceef273a82015b1d3f058de0e2dc","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346727098","isVote":1,"tweetType":1,"viewCount":577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":346272074,"gmtCreate":1618058773098,"gmtModify":1634295033095,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/346272074","repostId":"2126033592","repostType":4,"isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342614797,"gmtCreate":1618209638919,"gmtModify":1634294410729,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Cathie need to load up on BABA, yes or no?","listText":"Cathie need to load up on BABA, yes or no?","text":"Cathie need to load up on BABA, yes or no?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/342614797","repostId":"1157329413","repostType":4,"isVote":1,"tweetType":1,"viewCount":545,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347331346,"gmtCreate":1618463356285,"gmtModify":1634292761222,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Reply to my comment please :)","listText":"Reply to my comment please :)","text":"Reply to my comment please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/347331346","repostId":"1189551384","repostType":4,"isVote":1,"tweetType":1,"viewCount":2466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341590186,"gmtCreate":1617838542345,"gmtModify":1634296274469,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Stonks only go up","listText":"Stonks only go up","text":"Stonks only go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/341590186","repostId":"2125726223","repostType":4,"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341353161,"gmtCreate":1617785489053,"gmtModify":1634296526761,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Bullish on CNY","listText":"Bullish on CNY","text":"Bullish on CNY","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/341353161","repostId":"2125453847","repostType":4,"isVote":1,"tweetType":1,"viewCount":328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349251739,"gmtCreate":1617618490321,"gmtModify":1634297543326,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Buy buy","listText":"Buy buy","text":"Buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/349251739","repostId":"1132458726","repostType":4,"repost":{"id":"1132458726","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":1617617593,"share":"https://www.laohu8.com/m/news/1132458726?lang=&edition=full","pubTime":"2021-04-05 18:13","market":"us","language":"en","title":"GameStop shares plunged 11% in premarket trading after announcing share sale plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1132458726","media":"Tiger Newspress","summary":"GameStop plunged 11% in premarket trading.Company Can Sell Up to 3.5 Million Shares and Intends to Use Any Proceeds to Further Accelerate Transformation and Strengthen Balance Sheet。Common Stock will be offered through Jefferies LLC , which is serving as the sales agent. Jefferies may sell Common Stock by any lawful method deemed to be an “at-the-market offering” defined by Rule 415 of the Securities Act of 1933, as amended, including without limitation, sales on any existing trading market. Sal","content":"<p>GameStop plunged 11% in premarket trading.Company Can Sell Up to 3.5 Million Shares and Intends to Use Any Proceeds to Further Accelerate Transformation and Strengthen Balance Sheet。</p><p><img src=\"https://static.tigerbbs.com/21c233ab00cebf3e12f45e26ad14dfee\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has filed a prospectus supplement withthe U.S. Securities and Exchange Commission (“SEC”), under which it may offer and sell up to a maximum of 3,500,000 shares of its common stock (the “Common Stock”) from time to time through an “at-the-market” equity offering program (the “ATM Offering”). The Company intends to use the net proceeds from any sales of its Common Stock under the ATM Offering to further accelerate its transformation as well as for general corporate purposes and further strengthening its balance sheet. The timing and amount of any sales will be determined by a variety of factors considered by the Company.</p><p>Common Stock will be offered through Jefferies LLC (“Jefferies”), which is serving as the sales agent. Jefferies may sell Common Stock by any lawful method deemed to be an “at-the-market offering” defined by Rule 415(a)(4) of the Securities Act of 1933, as amended, including without limitation, sales on any existing trading market. Sales may be made at market prices prevailing at the time of a sale or at prices related to prevailing market prices. As a result, sales prices may vary.</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>GameStop shares plunged 11% in premarket trading after announcing share sale plan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop shares plunged 11% in premarket trading after announcing share sale plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">2021-04-05 18:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>GameStop plunged 11% in premarket trading.Company Can Sell Up to 3.5 Million Shares and Intends to Use Any Proceeds to Further Accelerate Transformation and Strengthen Balance Sheet。</p><p><img src=\"https://static.tigerbbs.com/21c233ab00cebf3e12f45e26ad14dfee\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has filed a prospectus supplement withthe U.S. Securities and Exchange Commission (“SEC”), under which it may offer and sell up to a maximum of 3,500,000 shares of its common stock (the “Common Stock”) from time to time through an “at-the-market” equity offering program (the “ATM Offering”). The Company intends to use the net proceeds from any sales of its Common Stock under the ATM Offering to further accelerate its transformation as well as for general corporate purposes and further strengthening its balance sheet. The timing and amount of any sales will be determined by a variety of factors considered by the Company.</p><p>Common Stock will be offered through Jefferies LLC (“Jefferies”), which is serving as the sales agent. Jefferies may sell Common Stock by any lawful method deemed to be an “at-the-market offering” defined by Rule 415(a)(4) of the Securities Act of 1933, as amended, including without limitation, sales on any existing trading market. Sales may be made at market prices prevailing at the time of a sale or at prices related to prevailing market prices. As a result, sales prices may vary.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132458726","content_text":"GameStop plunged 11% in premarket trading.Company Can Sell Up to 3.5 Million Shares and Intends to Use Any Proceeds to Further Accelerate Transformation and Strengthen Balance Sheet。GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has filed a prospectus supplement withthe U.S. Securities and Exchange Commission (“SEC”), under which it may offer and sell up to a maximum of 3,500,000 shares of its common stock (the “Common Stock”) from time to time through an “at-the-market” equity offering program (the “ATM Offering”). The Company intends to use the net proceeds from any sales of its Common Stock under the ATM Offering to further accelerate its transformation as well as for general corporate purposes and further strengthening its balance sheet. The timing and amount of any sales will be determined by a variety of factors considered by the Company.Common Stock will be offered through Jefferies LLC (“Jefferies”), which is serving as the sales agent. Jefferies may sell Common Stock by any lawful method deemed to be an “at-the-market offering” defined by Rule 415(a)(4) of the Securities Act of 1933, as amended, including without limitation, sales on any existing trading market. Sales may be made at market prices prevailing at the time of a sale or at prices related to prevailing market prices. As a result, sales prices may vary.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345775945,"gmtCreate":1618357907987,"gmtModify":1634293545155,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Indeed","listText":"Indeed","text":"Indeed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345775945","repostId":"1112150823","repostType":4,"repost":{"id":"1112150823","kind":"news","pubTimestamp":1618329402,"share":"https://www.laohu8.com/m/news/1112150823?lang=&edition=full","pubTime":"2021-04-13 23:56","market":"us","language":"en","title":"Monetary Policy Blunder: Not Managing Economic & Financial Outcomes Equally","url":"https://stock-news.laohu8.com/highlight/detail?id=1112150823","media":"zerohedge","summary":"Actual economic outcomes and not forecasted onesare the new policy of the Federal Reserve. Yet, this","content":"<p><b>Actual economic outcomes and not forecasted ones</b>are the new policy of the Federal Reserve. Yet, this strategy's flaw is that it is<b>limited to economic outcomes and overlooks or ignores financial ones.</b>It is not a coincidence that the last two recessions resulted from asset price imbalances rather than too much general inflation.</p>\n<p><b>Failure to look at asset market outcomes &amp; excesses as an equal cause of adverse outcomes only increases the odds it will reoccur.</b></p>\n<p>In a recent interview at Barron's, Ms. Mary Daly, President of the San Francisco Federal Reserve Bank, was asked about the red-hot housing market and whether the Fed should adjust its buying mortgage securities fueling home-buying. Ms. Daly said, \"People getting into housing because interest rates are lower and they can afford a mortgage is a positive development...One of the transmission mechanisms we have is to lower the interest rate. ....It has worked well. ....I see this as a Federal Reserve win. Our monetary policy transmission mechanism is working.\"</p>\n<p>The house price index published by the Federal Housing Finance Agency (FHFA) is up 12% in the last twelve months. During the 2000s housing bubble, the fastest one-year increase in housing prices occurred in 2005 when prices rose 10.4%. The current house price surge is 160 basis points above the bubble surge, and the residential real estate market value is also one-third higher than the peak of the housing bubble.</p>\n<p><b>Yet, Ms. Daly sees no adverse risks in providing more monetary fuel to housing as her priorities are \"to make sure that every American who wants a job has one, and inflation gets back to the average 2% inflation target.\"</b>The Fed dismissed the red-hot housing market's dangers in the 2000s, only to confront the financial system's near-collapse when house prices fell hard. That proved to be a significant policy error, and the risk of another one is growing with each passing day.</p>\n<p>With equity markets at record levels, policymakers at least acknowledge elevated levels. Still, they are reluctant to act to dampen investor enthusiasm and speculation. Federal Reserve Bank of Dallas President Robert Kaplan recently commented, \"There's no question that financial assets, broadly, are at elevated valuation levels.\" He was concerned \"about excess risking and if excess risk-taking goes too far, whether it creates excesses or imbalances, that could ultimately create challenges..\" Yet, Mr. Kaplan said he was willing to wait until 2022 to raise official rates, and even then by only 25 basis points.</p>\n<p>Painting by the numbers: domestic equities' market value has increased 50% or $16 trillion to $48.7 trillion in the past two years.<b>At the end of 2020, the equities' domestic market valuation was 2.3X times Nominal GDP, a new record high and 50 basis points (or $10 trillion) higher than the prior record during the tech bubble peak in 2000.</b>Finance and the economy are more interconnected nowadays than in 2000, so a sharp pullback in equity values would have a more significant adverse impact.</p>\n<p><img src=\"https://static.tigerbbs.com/282d05e1348f989bb00f6fb5d16e91c6\" tg-width=\"500\" tg-height=\"296\"><b>Not all asset price bubbles are alike. But after experiencing two in the past 20 years, the characteristics of bubbles are known.</b>During the tech and housing bubbles, the Federal Reserve view was to ignore the elevated asset prices. That's because most thought if a speculative asset bubble burst, policymakers could quickly bring down official rates to alleviate the broader economy's damage. In hindsight, that proved to be poor judgment since both the tech and housing bubbles triggered an economic recession, with a near-collapse in the financial system following the housing bust.</p>\n<p>The Fed's easy-money policy has put a lot of wind at the backs of the asset markets.<b>It's striking to see the Fed's willingness to maintain the scale of monetary accommodation, especially given their poor record with asset bubbles.</b>Monetary policy (i.e., official rates) may be too blunt of a tool for practical use to deflate bubbles, but that does not mean a policy of low rates can't create them.</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>Monetary Policy Blunder: Not Managing Economic & Financial Outcomes Equally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMonetary Policy Blunder: Not Managing Economic & Financial Outcomes Equally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-13 23:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/monetary-policy-blunder-not-managing-economic-financial-outcomes-equally?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Actual economic outcomes and not forecasted onesare the new policy of the Federal Reserve. Yet, this strategy's flaw is that it islimited to economic outcomes and overlooks or ignores financial ones....</p>\n\n<a href=\"https://www.zerohedge.com/economics/monetary-policy-blunder-not-managing-economic-financial-outcomes-equally?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/economics/monetary-policy-blunder-not-managing-economic-financial-outcomes-equally?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112150823","content_text":"Actual economic outcomes and not forecasted onesare the new policy of the Federal Reserve. Yet, this strategy's flaw is that it islimited to economic outcomes and overlooks or ignores financial ones.It is not a coincidence that the last two recessions resulted from asset price imbalances rather than too much general inflation.\nFailure to look at asset market outcomes & excesses as an equal cause of adverse outcomes only increases the odds it will reoccur.\nIn a recent interview at Barron's, Ms. Mary Daly, President of the San Francisco Federal Reserve Bank, was asked about the red-hot housing market and whether the Fed should adjust its buying mortgage securities fueling home-buying. Ms. Daly said, \"People getting into housing because interest rates are lower and they can afford a mortgage is a positive development...One of the transmission mechanisms we have is to lower the interest rate. ....It has worked well. ....I see this as a Federal Reserve win. Our monetary policy transmission mechanism is working.\"\nThe house price index published by the Federal Housing Finance Agency (FHFA) is up 12% in the last twelve months. During the 2000s housing bubble, the fastest one-year increase in housing prices occurred in 2005 when prices rose 10.4%. The current house price surge is 160 basis points above the bubble surge, and the residential real estate market value is also one-third higher than the peak of the housing bubble.\nYet, Ms. Daly sees no adverse risks in providing more monetary fuel to housing as her priorities are \"to make sure that every American who wants a job has one, and inflation gets back to the average 2% inflation target.\"The Fed dismissed the red-hot housing market's dangers in the 2000s, only to confront the financial system's near-collapse when house prices fell hard. That proved to be a significant policy error, and the risk of another one is growing with each passing day.\nWith equity markets at record levels, policymakers at least acknowledge elevated levels. Still, they are reluctant to act to dampen investor enthusiasm and speculation. Federal Reserve Bank of Dallas President Robert Kaplan recently commented, \"There's no question that financial assets, broadly, are at elevated valuation levels.\" He was concerned \"about excess risking and if excess risk-taking goes too far, whether it creates excesses or imbalances, that could ultimately create challenges..\" Yet, Mr. Kaplan said he was willing to wait until 2022 to raise official rates, and even then by only 25 basis points.\nPainting by the numbers: domestic equities' market value has increased 50% or $16 trillion to $48.7 trillion in the past two years.At the end of 2020, the equities' domestic market valuation was 2.3X times Nominal GDP, a new record high and 50 basis points (or $10 trillion) higher than the prior record during the tech bubble peak in 2000.Finance and the economy are more interconnected nowadays than in 2000, so a sharp pullback in equity values would have a more significant adverse impact.\nNot all asset price bubbles are alike. But after experiencing two in the past 20 years, the characteristics of bubbles are known.During the tech and housing bubbles, the Federal Reserve view was to ignore the elevated asset prices. That's because most thought if a speculative asset bubble burst, policymakers could quickly bring down official rates to alleviate the broader economy's damage. In hindsight, that proved to be poor judgment since both the tech and housing bubbles triggered an economic recession, with a near-collapse in the financial system following the housing bust.\nThe Fed's easy-money policy has put a lot of wind at the backs of the asset markets.It's striking to see the Fed's willingness to maintain the scale of monetary accommodation, especially given their poor record with asset bubbles.Monetary policy (i.e., official rates) may be too blunt of a tool for practical use to deflate bubbles, but that does not mean a policy of low rates can't create them.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1767,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345426816,"gmtCreate":1618332817935,"gmtModify":1634293639689,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"Bullish, agree?","listText":"Bullish, agree?","text":"Bullish, agree?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/345426816","repostId":"2127108970","repostType":4,"isVote":1,"tweetType":1,"viewCount":819,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341353456,"gmtCreate":1617785573375,"gmtModify":1634296526421,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"RDS for the win","listText":"RDS for the win","text":"RDS for the win","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/341353456","repostId":"2125956745","repostType":4,"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346727098,"gmtCreate":1618116034214,"gmtModify":1634294820356,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>Now that the uncertainty is behind us, BABA to the moon","listText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>Now that the uncertainty is behind us, BABA to the moon","text":"$Alibaba(09988)$Now that the uncertainty is behind us, BABA to the moon","images":[{"img":"https://static.tigerbbs.com/df15ceef273a82015b1d3f058de0e2dc","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346727098","isVote":1,"tweetType":1,"viewCount":577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":346272525,"gmtCreate":1618058865067,"gmtModify":1634295032363,"author":{"id":"3580347752614472","authorId":"3580347752614472","name":"DungeonMaste","avatar":"https://static.tigerbbs.com/800013280d98e7d704e31f1048cdbbd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580347752614472","authorIdStr":"3580347752614472"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>hope it goes up","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>hope it goes up","text":"$Alibaba(BABA)$hope it goes 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