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Endlesstory

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2021-06-12

Tssmc

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2021-06-12

Kepple

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2021-06-12

Gme

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2021-06-12

Baf

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2021-06-12

St

U.S. stocks gained in Thursday open. Chinese Education Stocks soared<blockquote>美国股市周四开盘上涨。中国教育股飙升</blockquote>

2021-06-12

Tsm

Global Semiconductor annual sales projected to increase 19.7% in 2021, 8.8% in 2022<blockquote>2021年全球半导体年销售额预计增长19.7%，2022年增长8.8%</blockquote>

2021-06-12

Tesla

"Ethical Failures": Tesla Dropped From Sustainability ETF Due To Environmental, Labor Concerns<blockquote>“道德失败”：特斯拉因环境和劳工问题退出可持续发展 ETF</blockquote>

2021-06-12

Good read

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2021-06-12

Ctrm

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2021-06-12

Amd

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2021-06-12

Nio

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2021-06-12

Sg

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2021-06-12

Nicea

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2021-06-12

Nices

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2021-06-12

Green

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2021-06-12

Niceaw

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2021-06-12

Well said 2

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2021-06-12

Well said

Amazon Is Looking For Head Of Blockchain With Experience In Decentralized Finance<blockquote>亚马逊正在寻找具有去中心化金融经验的区块链主管</blockquote>

2021-06-12

Nice

Opinion: Stock investors now have come to a cliff in the road — and options are limited<blockquote>观点：股票投资者现在已经走到了悬崖边——选择有限</blockquote>

2021-06-11

Nice

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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":1623331902,"share":"https://www.laohunote.com/m/news/1180064020?lang=zh_CN&edition=full","pubTime":"2021-06-10 21:31","market":"us","language":"en","title":"U.S. stocks gained in Thursday open. Chinese Education Stocks soared<blockquote>美国股市周四开盘上涨。中国教育股飙升</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1180064020","media":"Tiger Newspress","summary":"(June 10) U.S. stocks gained in Thursday open. Chinese Education Stocks soared.\nAirline stocks rally","content":"<p>(June 10)&nbsp;U.S. stocks gained in Thursday open.&nbsp;Chinese Education Stocks soared.</p><p><blockquote>（6月10日）美国股市周四开盘上涨。中国教育股飙升。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3319d3b4d9de022c9ba1cf2e2452ee50\" tg-width=\"307\" tg-height=\"241\" referrerpolicy=\"no-referrer\">Airline stocks rally.</p><p><blockquote>航空股上涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/918397d0861786d9643834f404915b8f\" tg-width=\"303\" tg-height=\"364\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Video-game retailer and meme stock GameStop fell over 6%&nbsp;in morning trading even after the company tapped formerAmazon executive Matt Furlong to be its next CEOand said that sales rose 25% last quarter. The company also said it may sell up to 5 million additional shares.</p><p><blockquote>视频游戏零售商和模因股票游戏驿站在早盘交易中下跌超过 6%，尽管该公司任命亚马逊前高管马特·弗隆 (Matt Furlong) 为下一任首席执行官，并表示上季度销售额增长了 25%。该公司还表示，可能会额外出售最多500万股股票。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5437e23fe0b63fa6886cf840ceac1e81\" tg-width=\"700\" tg-height=\"584\" referrerpolicy=\"no-referrer\">U.S. stocks climbed on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.</p><p><blockquote>美国股市周四攀升，因投资者对显示物价压力增幅超出预期的关键通胀报告置之不理。</blockquote></p><p> The Dow Jones Industrial Average rose 200 points, while theS&amp;P 500edged 0.4% higher. The Nasdaq Composite traded 0.2% higher even with bond yields rising.</p><p><blockquote>道琼斯工业平均指数上涨 200 点，标准普尔 500 指数小幅上涨 0.4%。尽管债券收益率上升，纳斯达克综合指数仍上涨 0.2%。</blockquote></p><p> Consumer prices for May accelerated at their fastest pace since the summer of 2008 amid the economic recovery from the pandemic-triggered recession,the Labor Department reported Thursday.</p><p><blockquote>美国劳工部周四报告称， 随着经济从疫情引发的衰退中复苏， 5月份消费者价格以2008年夏季以来最快的速度加速。</blockquote></p><p> The consumer price index, which represents a basket including food, energy, groceries across a spectrum of goods, rose 5% from a year ago. Economists surveyed by Dow Jones had been expecting a gain of 4.7%.</p><p><blockquote>消费者价格指数代表了包括食品、能源、杂货等一系列商品在内的一篮子商品，比一年前上涨了5%。道琼斯调查的经济学家此前预计涨幅为 4.7%。</blockquote></p><p> Fears of spiking inflation have weighed on the stock market in the last month, with investors worried the jump in prices will raise costs for companies, spark a move higher in interest rates and cause the Federal Reserve to remove its easy money policies.</p><p><blockquote>上个月，对通胀飙升的担忧给股市带来压力，投资者担心价格上涨将增加企业成本，引发加息，并导致美联储取消宽松货币政策。</blockquote></p><p> “This CPI isn’t likely to change the narrative dramatically and there are still indications that inflation momentum is set to abate in the coming months,” Adam Crisafulli, founder of Vital Knowledge, said in a note Thursday.</p><p><blockquote>“Vital Knowledge 创始人亚当-克里萨富利（Adam Crisafulli）在周四的一份报告中说：”这一 CPI 不太可能大幅改变这一说法，而且仍有迹象表明，未来几个月通胀势头将减弱。</blockquote></p><p> Many economists also said the surge in used car costs for the month could have skewed the inflation reading. Used car and truck prices jumped more than 7%, accounting for one-third of the total increase for the month, according to the BLS. The jump in used car prices likely reflects a temporary phenomenon related to the pandemic and auto supply.</p><p><blockquote>许多经济学家还表示，本月二手车成本的飙升可能会扭曲通胀数据。根据 BLS 的数据，二手车和卡车价格上涨超过 7%，占该月总涨幅的三分之一。二手车价格的上涨可能反映了与疫情和汽车供应相关的暂时现象。</blockquote></p><p> UPS shares rose about 1% in premarket trading afteran upgrade from JPMorgan. Shares of Boeing and Delta Air Lines were also higher in premarket trading.</p><p><blockquote>摩根大通上调评级后，UPS 股价在盘前交易中上涨约 1%。波音和达美航空公司的股价在盘前交易中也走高。</blockquote></p><p> U.S. markets continued to trade within a tight range on Wednesday, with all three major indexes ending the day within 0.5% of Tuesday’s closing levels. The Dow, S&amp;P 500 and Nasdaq Composite all fell during regular trading, ending the session further away from their respective all-time highs.</p><p><blockquote>美国市场周三继续窄幅波动，三大股指收盘跌幅均在周二收盘价的0.5%以内。道琼斯综合指数、标普500综合指数和纳斯达克综合指数在常规交易中均下跌，收盘时距离各自的历史高点更远。</blockquote></p><p> The S&amp;P 500 remains closest to its benchmark and is just 0.44% away from a new all-time high. The Dow and Nasdaq are roughly 2% away from records.</p><p><blockquote>标普500仍然最接近其基准，距离历史新高仅 0.44%。道琼斯指数和纳斯达克指数距离创纪录大约还有 2%。</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>U.S. stocks gained in Thursday open. Chinese Education Stocks soared<blockquote>美国股市周四开盘上涨。中国教育股飙升</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\">\nU.S. stocks gained in Thursday open. Chinese Education Stocks soared<blockquote>美国股市周四开盘上涨。中国教育股飙升</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\">2021-06-10 21:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(June 10)&nbsp;U.S. stocks gained in Thursday open.&nbsp;Chinese Education Stocks soared.</p><p><blockquote>（6月10日）美国股市周四开盘上涨。中国教育股飙升。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3319d3b4d9de022c9ba1cf2e2452ee50\" tg-width=\"307\" tg-height=\"241\" referrerpolicy=\"no-referrer\">Airline stocks rally.</p><p><blockquote>航空股上涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/918397d0861786d9643834f404915b8f\" tg-width=\"303\" tg-height=\"364\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Video-game retailer and meme stock GameStop fell over 6%&nbsp;in morning trading even after the company tapped formerAmazon executive Matt Furlong to be its next CEOand said that sales rose 25% last quarter. The company also said it may sell up to 5 million additional shares.</p><p><blockquote>视频游戏零售商和模因股票游戏驿站在早盘交易中下跌超过 6%，尽管该公司任命亚马逊前高管马特·弗隆 (Matt Furlong) 为下一任首席执行官，并表示上季度销售额增长了 25%。该公司还表示，可能会额外出售最多500万股股票。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5437e23fe0b63fa6886cf840ceac1e81\" tg-width=\"700\" tg-height=\"584\" referrerpolicy=\"no-referrer\">U.S. stocks climbed on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.</p><p><blockquote>美国股市周四攀升，因投资者对显示物价压力增幅超出预期的关键通胀报告置之不理。</blockquote></p><p> The Dow Jones Industrial Average rose 200 points, while theS&amp;P 500edged 0.4% higher. The Nasdaq Composite traded 0.2% higher even with bond yields rising.</p><p><blockquote>道琼斯工业平均指数上涨 200 点，标准普尔 500 指数小幅上涨 0.4%。尽管债券收益率上升，纳斯达克综合指数仍上涨 0.2%。</blockquote></p><p> Consumer prices for May accelerated at their fastest pace since the summer of 2008 amid the economic recovery from the pandemic-triggered recession,the Labor Department reported Thursday.</p><p><blockquote>美国劳工部周四报告称， 随着经济从疫情引发的衰退中复苏， 5月份消费者价格以2008年夏季以来最快的速度加速。</blockquote></p><p> The consumer price index, which represents a basket including food, energy, groceries across a spectrum of goods, rose 5% from a year ago. Economists surveyed by Dow Jones had been expecting a gain of 4.7%.</p><p><blockquote>消费者价格指数代表了包括食品、能源、杂货等一系列商品在内的一篮子商品，比一年前上涨了5%。道琼斯调查的经济学家此前预计涨幅为 4.7%。</blockquote></p><p> Fears of spiking inflation have weighed on the stock market in the last month, with investors worried the jump in prices will raise costs for companies, spark a move higher in interest rates and cause the Federal Reserve to remove its easy money policies.</p><p><blockquote>上个月，对通胀飙升的担忧给股市带来压力，投资者担心价格上涨将增加企业成本，引发加息，并导致美联储取消宽松货币政策。</blockquote></p><p> “This CPI isn’t likely to change the narrative dramatically and there are still indications that inflation momentum is set to abate in the coming months,” Adam Crisafulli, founder of Vital Knowledge, said in a note Thursday.</p><p><blockquote>“Vital Knowledge 创始人亚当-克里萨富利（Adam Crisafulli）在周四的一份报告中说：”这一 CPI 不太可能大幅改变这一说法，而且仍有迹象表明，未来几个月通胀势头将减弱。</blockquote></p><p> Many economists also said the surge in used car costs for the month could have skewed the inflation reading. Used car and truck prices jumped more than 7%, accounting for one-third of the total increase for the month, according to the BLS. The jump in used car prices likely reflects a temporary phenomenon related to the pandemic and auto supply.</p><p><blockquote>许多经济学家还表示，本月二手车成本的飙升可能会扭曲通胀数据。根据 BLS 的数据，二手车和卡车价格上涨超过 7%，占该月总涨幅的三分之一。二手车价格的上涨可能反映了与疫情和汽车供应相关的暂时现象。</blockquote></p><p> UPS shares rose about 1% in premarket trading afteran upgrade from JPMorgan. Shares of Boeing and Delta Air Lines were also higher in premarket trading.</p><p><blockquote>摩根大通上调评级后，UPS 股价在盘前交易中上涨约 1%。波音和达美航空公司的股价在盘前交易中也走高。</blockquote></p><p> U.S. markets continued to trade within a tight range on Wednesday, with all three major indexes ending the day within 0.5% of Tuesday’s closing levels. The Dow, S&amp;P 500 and Nasdaq Composite all fell during regular trading, ending the session further away from their respective all-time highs.</p><p><blockquote>美国市场周三继续窄幅波动，三大股指收盘跌幅均在周二收盘价的0.5%以内。道琼斯综合指数、标普500综合指数和纳斯达克综合指数在常规交易中均下跌，收盘时距离各自的历史高点更远。</blockquote></p><p> The S&amp;P 500 remains closest to its benchmark and is just 0.44% away from a new all-time high. The Dow and Nasdaq are roughly 2% away from records.</p><p><blockquote>标普500仍然最接近其基准，距离历史新高仅 0.44%。道琼斯指数和纳斯达克指数距离创纪录大约还有 2%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180064020","content_text":"(June 10) U.S. stocks gained in Thursday open. Chinese Education Stocks soared.\nAirline stocks rally.\n\nVideo-game retailer and meme stock GameStop fell over 6% in morning trading even after the company tapped formerAmazon executive Matt Furlong to be its next CEOand said that sales rose 25% last quarter. The company also said it may sell up to 5 million additional shares.\nU.S. stocks climbed on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.\nThe Dow Jones Industrial Average rose 200 points, while theS&P 500edged 0.4% higher. The Nasdaq Composite traded 0.2% higher even with bond yields rising.\nConsumer prices for May accelerated at their fastest pace since the summer of 2008 amid the economic recovery from the pandemic-triggered recession,the Labor Department reported Thursday.\nThe consumer price index, which represents a basket including food, energy, groceries across a spectrum of goods, rose 5% from a year ago. Economists surveyed by Dow Jones had been expecting a gain of 4.7%.\nFears of spiking inflation have weighed on the stock market in the last month, with investors worried the jump in prices will raise costs for companies, spark a move higher in interest rates and cause the Federal Reserve to remove its easy money policies.\n“This CPI isn’t likely to change the narrative dramatically and there are still indications that inflation momentum is set to abate in the coming months,” Adam Crisafulli, founder of Vital Knowledge, said in a note Thursday.\nMany economists also said the surge in used car costs for the month could have skewed the inflation reading. Used car and truck prices jumped more than 7%, accounting for one-third of the total increase for the month, according to the BLS. The jump in used car prices likely reflects a temporary phenomenon related to the pandemic and auto supply.\nUPS shares rose about 1% in premarket trading afteran upgrade from JPMorgan. Shares of Boeing and Delta Air Lines were also higher in premarket trading.\nU.S. markets continued to trade within a tight range on Wednesday, with all three major indexes ending the day within 0.5% of Tuesday’s closing levels. The Dow, S&P 500 and Nasdaq Composite all fell during regular trading, ending the session further away from their respective all-time highs.\nThe S&P 500 remains closest to its benchmark and is just 0.44% away from a new all-time high. The Dow and Nasdaq are roughly 2% away from records.","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2755,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188882639,"gmtCreate":1623428032321,"gmtModify":1634033275017,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Tsm","listText":"Tsm","text":"Tsm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188882639","repostId":"1193863762","repostType":4,"repost":{"id":"1193863762","kind":"news","pubTimestamp":1623334800,"share":"https://www.laohunote.com/m/news/1193863762?lang=zh_CN&edition=full","pubTime":"2021-06-10 22:20","market":"us","language":"en","title":"Global Semiconductor annual sales projected to increase 19.7% in 2021, 8.8% in 2022<blockquote>2021年全球半导体年销售额预计增长19.7%，2022年增长8.8%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193863762","media":"seekingalpha","summary":"(June 10) Semiconductor stocks rose in morning trading.\nRelated: Semiconductor Watchlist: Jim Cramer","content":"<p>(June 10)&nbsp;Semiconductor&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;morning&nbsp;trading.</p><p><blockquote>（6月10日）半导体股早盘上涨。</blockquote></p><p> <a href=\"https://laohu8.com/NW/1163875762\" target=\"_blank\"><b>Related:&nbsp;Semiconductor Watchlist: Jim Cramer Says to Own Nvidia, AMD and Broadcom</b></a><b></b></p><p><blockquote><a href=\"https://laohu8.com/NW/1163875762\" target=\"_blank\"><b>相关：半导体观察名单：吉姆·克莱默表示将拥有英伟达、AMD 和博通</b></a><b></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb703ee8165d2dc48c5550db47dfebc7\" tg-width=\"303\" tg-height=\"363\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> According to World Semiconductor Trade Statistics estimates, the global semiconductor market will rise from 6.8% in 2020 to 19.7% thisyear to ~$527B.</p><p><blockquote>根据世界半导体贸易统计估计，全球半导体市场将从2020年的6.8%上升到今年的19.7%，达到约527B美元。</blockquote></p><p> The most significant growth contributors are Memory with 31.7%, followed by Sensors with 22.4% and, Analog with 21.7%. All other major product categories are also expected to show double-digit growth rates, except Optoelectronics with 9.8% and MOS Micro with 8.1%.</p><p><blockquote>增长最显著的贡献者是存储器，占31.7%，其次是传感器，占22.4%，模拟，占21.7%。除光电子9.8%和MOS微8.1%外，所有其他主要产品类别预计也将呈现两位数的增长率。</blockquote></p><p> In 2021, Asia Pacific (incl. China) is forecasted to show the most robust growth rate with 23.5%, followed by Europe with 21.1%, Japan 12.7%, and the Americas with 11.1%.</p><p><blockquote>2021年，亚太地区（包括中国）预计将呈现最强劲的增长率，达到23.5%，其次是欧洲（21.1%）、日本（12.7%）和美洲（11.1%）。</blockquote></p><p> For 2022, the global semiconductor market is projected to grow by 8.8% to $573B, driven by double-digit growth of the Memory category. All regions are expected again to show favorable growth rates.</p><p><blockquote>2022年，在存储器类别两位数增长的推动下，全球半导体市场预计将增长8.8%，达到5730亿美元。预计所有地区都将再次显示出有利的增长率。</blockquote></p><p> Related stocks YTD returns: NXP Semiconductor(NASDAQ:NXPI)&nbsp;+24.7%, On Semiconducter(NASDAQ:ON)&nbsp;+14.85%, Intel(NASDAQ:INTC)&nbsp;+14.4%,&nbsp; and, TSMC(NYSE:TSM)&nbsp;+6.3%.</p><p><blockquote>相关股票年初至今回报率：恩智浦半导体（纳斯达克股票代码：NXPI）+24.7%，安森美半导体（纳斯达克股票代码：ON）+14.85%，英特尔（纳斯达克股票代码：INTC）+14.4%，台积电（纽约证券交易所股票代码：TSM）+6.3%。</blockquote></p><p> ETFs:SMH,SOXL,SOXX,XSD,USD,SOXS,PSI,FTXL,SSG.</p><p><blockquote>ETF：SMH、SOXL、SOXXX、XSD、USD、SOXS、PSI、FTXL、SSG。</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>Global Semiconductor annual sales projected to increase 19.7% in 2021, 8.8% in 2022<blockquote>2021年全球半导体年销售额预计增长19.7%，2022年增长8.8%</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\">\nGlobal Semiconductor annual sales projected to increase 19.7% in 2021, 8.8% in 2022<blockquote>2021年全球半导体年销售额预计增长19.7%，2022年增长8.8%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-10 22:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(June 10)&nbsp;Semiconductor&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;morning&nbsp;trading.</p><p><blockquote>（6月10日）半导体股早盘上涨。</blockquote></p><p> <a href=\"https://laohu8.com/NW/1163875762\" target=\"_blank\"><b>Related:&nbsp;Semiconductor Watchlist: Jim Cramer Says to Own Nvidia, AMD and Broadcom</b></a><b></b></p><p><blockquote><a href=\"https://laohu8.com/NW/1163875762\" target=\"_blank\"><b>相关：半导体观察名单：吉姆·克莱默表示将拥有英伟达、AMD 和博通</b></a><b></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb703ee8165d2dc48c5550db47dfebc7\" tg-width=\"303\" tg-height=\"363\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> According to World Semiconductor Trade Statistics estimates, the global semiconductor market will rise from 6.8% in 2020 to 19.7% thisyear to ~$527B.</p><p><blockquote>根据世界半导体贸易统计估计，全球半导体市场将从2020年的6.8%上升到今年的19.7%，达到约527B美元。</blockquote></p><p> The most significant growth contributors are Memory with 31.7%, followed by Sensors with 22.4% and, Analog with 21.7%. All other major product categories are also expected to show double-digit growth rates, except Optoelectronics with 9.8% and MOS Micro with 8.1%.</p><p><blockquote>增长最显著的贡献者是存储器，占31.7%，其次是传感器，占22.4%，模拟，占21.7%。除光电子9.8%和MOS微8.1%外，所有其他主要产品类别预计也将呈现两位数的增长率。</blockquote></p><p> In 2021, Asia Pacific (incl. China) is forecasted to show the most robust growth rate with 23.5%, followed by Europe with 21.1%, Japan 12.7%, and the Americas with 11.1%.</p><p><blockquote>2021年，亚太地区（包括中国）预计将呈现最强劲的增长率，达到23.5%，其次是欧洲（21.1%）、日本（12.7%）和美洲（11.1%）。</blockquote></p><p> For 2022, the global semiconductor market is projected to grow by 8.8% to $573B, driven by double-digit growth of the Memory category. All regions are expected again to show favorable growth rates.</p><p><blockquote>2022年，在存储器类别两位数增长的推动下，全球半导体市场预计将增长8.8%，达到5730亿美元。预计所有地区都将再次显示出有利的增长率。</blockquote></p><p> Related stocks YTD returns: NXP Semiconductor(NASDAQ:NXPI)&nbsp;+24.7%, On Semiconducter(NASDAQ:ON)&nbsp;+14.85%, Intel(NASDAQ:INTC)&nbsp;+14.4%,&nbsp; and, TSMC(NYSE:TSM)&nbsp;+6.3%.</p><p><blockquote>相关股票年初至今回报率：恩智浦半导体（纳斯达克股票代码：NXPI）+24.7%，安森美半导体（纳斯达克股票代码：ON）+14.85%，英特尔（纳斯达克股票代码：INTC）+14.4%，台积电（纽约证券交易所股票代码：TSM）+6.3%。</blockquote></p><p> ETFs:SMH,SOXL,SOXX,XSD,USD,SOXS,PSI,FTXL,SSG.</p><p><blockquote>ETF：SMH、SOXL、SOXXX、XSD、USD、SOXS、PSI、FTXL、SSG。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/news/3704878-global-semiconductor-annual-sales-projected-to-increase-about-20-percentage-in-2021-and-9-percentage-in-2022\">seekingalpha</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":{"INTC":"英特尔","ON":"安森美半导体","TSM":"台积电","NXPI":"恩智浦"},"source_url":"https://seekingalpha.com/news/3704878-global-semiconductor-annual-sales-projected-to-increase-about-20-percentage-in-2021-and-9-percentage-in-2022","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193863762","content_text":"(June 10) Semiconductor stocks rose in morning trading.\nRelated: Semiconductor Watchlist: Jim Cramer Says to Own Nvidia, AMD and Broadcom\n\nAccording to World Semiconductor Trade Statistics estimates, the global semiconductor market will rise from 6.8% in 2020 to 19.7% thisyear to ~$527B.\nThe most significant growth contributors are Memory with 31.7%, followed by Sensors with 22.4% and, Analog with 21.7%. All other major product categories are also expected to show double-digit growth rates, except Optoelectronics with 9.8% and MOS Micro with 8.1%.\nIn 2021, Asia Pacific (incl. China) is forecasted to show the most robust growth rate with 23.5%, followed by Europe with 21.1%, Japan 12.7%, and the Americas with 11.1%.\nFor 2022, the global semiconductor market is projected to grow by 8.8% to $573B, driven by double-digit growth of the Memory category. All regions are expected again to show favorable growth rates.\nRelated stocks YTD returns: NXP Semiconductor(NASDAQ:NXPI) +24.7%, On Semiconducter(NASDAQ:ON) +14.85%, Intel(NASDAQ:INTC) +14.4%,  and, TSMC(NYSE:TSM) +6.3%.\nETFs:SMH,SOXL,SOXX,XSD,USD,SOXS,PSI,FTXL,SSG.","news_type":1,"symbols_score_info":{"ON":0.9,"TSM":0.9,"NXPI":0.9,"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":3868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188886551,"gmtCreate":1623428013273,"gmtModify":1634033275751,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Tesla","listText":"Tesla","text":"Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188886551","repostId":"1194916539","repostType":4,"repost":{"id":"1194916539","kind":"news","pubTimestamp":1623336852,"share":"https://www.laohunote.com/m/news/1194916539?lang=zh_CN&edition=full","pubTime":"2021-06-10 22:54","market":"us","language":"en","title":"\"Ethical Failures\": Tesla Dropped From Sustainability ETF Due To Environmental, Labor Concerns<blockquote>“道德失败”：特斯拉因环境和劳工问题退出可持续发展 ETF</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194916539","media":"zerohedge","summary":"Australian fund manager BetaShares has officially dropped Tesla from its sustainability exchange-tra","content":"<p>Australian fund manager BetaShares has officially dropped Tesla from its&nbsp;sustainability exchange-traded fund.</p><p><blockquote>澳大利亚基金管理公司 BetaShares 已正式将特斯拉从其可持续发展交易所交易基金中剔除。</blockquote></p><p> Chief Investment Officer Louis Crous said the company - which normally would be a mainstay in most \"sustainability\" funds - was dropped because of \"ethical failures\" on the part of Tesla, according toBusiness Insider.</p><p><blockquote>据 Business Insider 报道，首席投资官 Louis Crous 表示，该公司通常是大多数“可持续发展”基金的支柱，但由于特斯拉方面的“道德失败”而被放弃。</blockquote></p><p> “Tesla is still definitely a carbon leader…but it has fallen foul of our [environmental, social and governance] screens which resulted in its removal,” he told BI.</p><p><blockquote>“他告诉 BI：”特斯拉无疑仍然是碳排放的领导者.但它已经触犯了我们的[环境、社会和治理]屏幕，导致它被删除。</blockquote></p><p> He continued:&nbsp;“During May last year at the height of the COVID pandemic,&nbsp;Tesla reopened its factory&nbsp;in Fremont, California, despite the orders of the local authorities, resulting in quite a large number of COVID cases.&nbsp;New reports have indicated that there was a significantly larger outbreak than was previously reported, so we have numbers from one to 50 COVID cases related to the factory.”</p><p><blockquote>他继续说道： “去年 5 月，在 COVID 大流行最严重的时候，特斯拉不顾当地政府的命令，重新开放了其位于加州弗里蒙特的工厂，导致了相当多的 COVID 病例。新的报告表明，疫情爆发的规模比之前报道的要大得多，因此我们有 1 到 50 例与该工厂有关的 COVID 病例。”</blockquote></p><p> The investment officer said he had been mulling the move \"for a while\" and finally dumped its $60 million stake after&nbsp;“new evidence came to light” and “controversies and reputation issues” arose.</p><p><blockquote>这位投资官说，他考虑此举 “已经有一段时间了”，最终在 “新证据浮出水面 ”和 “争议和声誉问题 ”出现后，抛售了 6000 万美元的股份。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e21c2d691ff8e3dbb616f68cf374ab4a\" tg-width=\"500\" tg-height=\"319\">The fund also took exception with Tesla's environmental impact in Germany, where it is building a Gigafactory.</p><p><blockquote>该基金还对特斯拉在德国的环境影响提出异议，该公司正在德国建造一座超级工厂。</blockquote></p><p> Crous noted:&nbsp;“German media reports that Tesla’s factory in Brandenburg will consume about 3.6 million cubic metres of water per year, which is roughly around 30% of the total water in the region. Some experts believe this will lead to restrictions on drinking water.”</p><p><blockquote>克劳斯指出： “德国媒体报道称，特斯拉在勃兰登堡的工厂每年将消耗约360万立方米的水，约占该地区总用水量的30%。一些专家认为，这将导致饮用水受到限制。”</blockquote></p><p> He continued:&nbsp;“In December 2020, NGO the Tech Transparency Project alleged Tesla has been linked through its supply chain to Lens Technology, which in turn is facing allegations of directly benefiting form the use of state-sponsored forced labor provided by Uighurs and other minority Muslim groups in China. At the end of the day, these are things we don’t really want to compromise on.”</p><p><blockquote>他继续说道： “2020 年 12 月，非政府组织 the Tech Transparency Project 指控特斯拉通过其供应链与 Lens Technology 有关联，而 Lens Technology 又面临直接受益于使用维吾尔族和中国其他少数民族穆斯林群体提供的国家支持的强迫劳动的指控。归根结底，这些都是我们真的不想妥协的事情”。</blockquote></p><p> BetaShares says the tone at Tesla starts at the top, and told BI that Musk's behavior&nbsp;“does make a difference”. The fund says it reached out to Tesla with its concerns but has not received any response.</p><p><blockquote>BetaShares 表示，特斯拉的基调从高层开始，并告诉 BI，马斯克的行为 “确实会产生影响”。该基金表示，已向特斯拉提出担忧，但尚未收到任何回应。</blockquote></p><p> Meanwhile, in its place, the fund still holds shares of Toyota. Crous concluded:&nbsp;“Toyota will remain in place because they haven’t been screened out for other reasons and that’s the only way you can look at it. Now, on the surface it might not seem like it represents the portfolio from that perspective, but this fund is more than just an environmental product offering.”</p><p><blockquote>与此同时，该基金仍然持有丰田的股票。克劳斯总结道： “丰田将继续留任，因为他们没有因为其他原因被筛选出来，这是你唯一能看待它的方式。现在，从表面上看，从这个角度来看，它似乎并不能代表投资组合，但这只基金不仅仅是一款环保产品。”</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>\"Ethical Failures\": Tesla Dropped From Sustainability ETF Due To Environmental, Labor Concerns<blockquote>“道德失败”：特斯拉因环境和劳工问题退出可持续发展 ETF</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\">\n\"Ethical Failures\": Tesla Dropped From Sustainability ETF Due To Environmental, Labor Concerns<blockquote>“道德失败”：特斯拉因环境和劳工问题退出可持续发展 ETF</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-10 22:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Australian fund manager BetaShares has officially dropped Tesla from its&nbsp;sustainability exchange-traded fund.</p><p><blockquote>澳大利亚基金管理公司 BetaShares 已正式将特斯拉从其可持续发展交易所交易基金中剔除。</blockquote></p><p> Chief Investment Officer Louis Crous said the company - which normally would be a mainstay in most \"sustainability\" funds - was dropped because of \"ethical failures\" on the part of Tesla, according toBusiness Insider.</p><p><blockquote>据 Business Insider 报道，首席投资官 Louis Crous 表示，该公司通常是大多数“可持续发展”基金的支柱，但由于特斯拉方面的“道德失败”而被放弃。</blockquote></p><p> “Tesla is still definitely a carbon leader…but it has fallen foul of our [environmental, social and governance] screens which resulted in its removal,” he told BI.</p><p><blockquote>“他告诉 BI：”特斯拉无疑仍然是碳排放的领导者.但它已经触犯了我们的[环境、社会和治理]屏幕，导致它被删除。</blockquote></p><p> He continued:&nbsp;“During May last year at the height of the COVID pandemic,&nbsp;Tesla reopened its factory&nbsp;in Fremont, California, despite the orders of the local authorities, resulting in quite a large number of COVID cases.&nbsp;New reports have indicated that there was a significantly larger outbreak than was previously reported, so we have numbers from one to 50 COVID cases related to the factory.”</p><p><blockquote>他继续说道： “去年 5 月，在 COVID 大流行最严重的时候，特斯拉不顾当地政府的命令，重新开放了其位于加州弗里蒙特的工厂，导致了相当多的 COVID 病例。新的报告表明，疫情爆发的规模比之前报道的要大得多，因此我们有 1 到 50 例与该工厂有关的 COVID 病例。”</blockquote></p><p> The investment officer said he had been mulling the move \"for a while\" and finally dumped its $60 million stake after&nbsp;“new evidence came to light” and “controversies and reputation issues” arose.</p><p><blockquote>这位投资官说，他考虑此举 “已经有一段时间了”，最终在 “新证据浮出水面 ”和 “争议和声誉问题 ”出现后，抛售了 6000 万美元的股份。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e21c2d691ff8e3dbb616f68cf374ab4a\" tg-width=\"500\" tg-height=\"319\">The fund also took exception with Tesla's environmental impact in Germany, where it is building a Gigafactory.</p><p><blockquote>该基金还对特斯拉在德国的环境影响提出异议，该公司正在德国建造一座超级工厂。</blockquote></p><p> Crous noted:&nbsp;“German media reports that Tesla’s factory in Brandenburg will consume about 3.6 million cubic metres of water per year, which is roughly around 30% of the total water in the region. Some experts believe this will lead to restrictions on drinking water.”</p><p><blockquote>克劳斯指出： “德国媒体报道称，特斯拉在勃兰登堡的工厂每年将消耗约360万立方米的水，约占该地区总用水量的30%。一些专家认为，这将导致饮用水受到限制。”</blockquote></p><p> He continued:&nbsp;“In December 2020, NGO the Tech Transparency Project alleged Tesla has been linked through its supply chain to Lens Technology, which in turn is facing allegations of directly benefiting form the use of state-sponsored forced labor provided by Uighurs and other minority Muslim groups in China. At the end of the day, these are things we don’t really want to compromise on.”</p><p><blockquote>他继续说道： “2020 年 12 月，非政府组织 the Tech Transparency Project 指控特斯拉通过其供应链与 Lens Technology 有关联，而 Lens Technology 又面临直接受益于使用维吾尔族和中国其他少数民族穆斯林群体提供的国家支持的强迫劳动的指控。归根结底，这些都是我们真的不想妥协的事情”。</blockquote></p><p> BetaShares says the tone at Tesla starts at the top, and told BI that Musk's behavior&nbsp;“does make a difference”. The fund says it reached out to Tesla with its concerns but has not received any response.</p><p><blockquote>BetaShares 表示，特斯拉的基调从高层开始，并告诉 BI，马斯克的行为 “确实会产生影响”。该基金表示，已向特斯拉提出担忧，但尚未收到任何回应。</blockquote></p><p> Meanwhile, in its place, the fund still holds shares of Toyota. Crous concluded:&nbsp;“Toyota will remain in place because they haven’t been screened out for other reasons and that’s the only way you can look at it. Now, on the surface it might not seem like it represents the portfolio from that perspective, but this fund is more than just an environmental product offering.”</p><p><blockquote>与此同时，该基金仍然持有丰田的股票。克劳斯总结道： “丰田将继续留任，因为他们没有因为其他原因被筛选出来，这是你唯一能看待它的方式。现在，从表面上看，从这个角度来看，它似乎并不能代表投资组合，但这只基金不仅仅是一款环保产品。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/ethical-failures-tesla-dropped-australian-sustainability-etf-due-environmental-and-labor?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\">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":{"TSLA":"特斯拉"},"source_url":"https://www.zerohedge.com/markets/ethical-failures-tesla-dropped-australian-sustainability-etf-due-environmental-and-labor?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":"1194916539","content_text":"Australian fund manager BetaShares has officially dropped Tesla from its sustainability exchange-traded fund.\nChief Investment Officer Louis Crous said the company - which normally would be a mainstay in most \"sustainability\" funds - was dropped because of \"ethical failures\" on the part of Tesla, according toBusiness Insider.\n“Tesla is still definitely a carbon leader…but it has fallen foul of our [environmental, social and governance] screens which resulted in its removal,” he told BI.\nHe continued: “During May last year at the height of the COVID pandemic, Tesla reopened its factory in Fremont, California, despite the orders of the local authorities, resulting in quite a large number of COVID cases. New reports have indicated that there was a significantly larger outbreak than was previously reported, so we have numbers from one to 50 COVID cases related to the factory.”\nThe investment officer said he had been mulling the move \"for a while\" and finally dumped its $60 million stake after “new evidence came to light” and “controversies and reputation issues” arose.\nThe fund also took exception with Tesla's environmental impact in Germany, where it is building a Gigafactory.\nCrous noted: “German media reports that Tesla’s factory in Brandenburg will consume about 3.6 million cubic metres of water per year, which is roughly around 30% of the total water in the region. Some experts believe this will lead to restrictions on drinking water.”\nHe continued: “In December 2020, NGO the Tech Transparency Project alleged Tesla has been linked through its supply chain to Lens Technology, which in turn is facing allegations of directly benefiting form the use of state-sponsored forced labor provided by Uighurs and other minority Muslim groups in China. At the end of the day, these are things we don’t really want to compromise on.”\nBetaShares says the tone at Tesla starts at the top, and told BI that Musk's behavior “does make a difference”. The fund says it reached out to Tesla with its concerns but has not received any response.\nMeanwhile, in its place, the fund still holds shares of Toyota. Crous concluded: “Toyota will remain in place because they haven’t been screened out for other reasons and that’s the only way you can look at it. Now, on the surface it might not seem like it represents the portfolio from that perspective, but this fund is more than just an environmental product offering.”","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2791,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188888410,"gmtCreate":1623427990230,"gmtModify":1634033276301,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Good read","listText":"Good read","text":"Good 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said 2","listText":"Well said 2","text":"Well said 2","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188834504","repostId":"1170650480","repostType":4,"isVote":1,"tweetType":1,"viewCount":871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188835594,"gmtCreate":1623427458118,"gmtModify":1634033286215,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Well said","listText":"Well said","text":"Well said","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188835594","repostId":"1179796596","repostType":4,"repost":{"id":"1179796596","kind":"news","pubTimestamp":1623379567,"share":"https://www.laohunote.com/m/news/1179796596?lang=zh_CN&edition=full","pubTime":"2021-06-11 10:46","market":"us","language":"en","title":"Amazon Is Looking For Head Of Blockchain With Experience In Decentralized Finance<blockquote>亚马逊正在寻找具有去中心化金融经验的区块链主管</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179796596","media":"benzinga","summary":"A recent job posting by Amazon.com(NASDAQ:AMZN) suggests that the company may be considering making ","content":"<p><div> A recent job posting by Amazon.com(NASDAQ:AMZN) suggests that the company may be considering making a move into the decentralized finance (DeFi) industry. What Happened:The recent job posting —...</p><p><blockquote><div>亚马逊（纳斯达克股票代码：AMZN）最近发布的招聘信息表明，该公司可能正在考虑进军去中心化金融（DeFi）行业。发生了什么：最近的招聘信息—……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/cryptocurrency/21/06/21505785/amazon-is-looking-for-head-of-blockchain-with-experience-in-decentralized-finance\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/cryptocurrency/21/06/21505785/amazon-is-looking-for-head-of-blockchain-with-experience-in-decentralized-finance\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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>Amazon Is Looking For Head Of Blockchain With Experience In Decentralized Finance<blockquote>亚马逊正在寻找具有去中心化金融经验的区块链主管</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\">\nAmazon Is Looking For Head Of Blockchain With Experience In Decentralized Finance<blockquote>亚马逊正在寻找具有去中心化金融经验的区块链主管</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">benzinga</strong><span class=\"h-time small\">2021-06-11 10:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> A recent job posting by Amazon.com(NASDAQ:AMZN) suggests that the company may be considering making a move into the decentralized finance (DeFi) industry. What Happened:The recent job posting —...</p><p><blockquote><div>亚马逊（纳斯达克股票代码：AMZN）最近发布的招聘信息表明，该公司可能正在考虑进军去中心化金融（DeFi）行业。发生了什么：最近的招聘信息—……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/cryptocurrency/21/06/21505785/amazon-is-looking-for-head-of-blockchain-with-experience-in-decentralized-finance\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/cryptocurrency/21/06/21505785/amazon-is-looking-for-head-of-blockchain-with-experience-in-decentralized-finance\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/06/21505785/amazon-is-looking-for-head-of-blockchain-with-experience-in-decentralized-finance\">benzinga</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":{"AMZN":"亚马逊"},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/06/21505785/amazon-is-looking-for-head-of-blockchain-with-experience-in-decentralized-finance","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179796596","content_text":"A recent job posting by Amazon.com(NASDAQ:AMZN) suggests that the company may be considering making a move into the decentralized finance (DeFi) industry.\nWhat Happened:The recent job posting —reportedon Tuesday by Bloqport — indicates that Amazon is looking for a candidate that will \"ideally\" have \"experience delivering products or innovations in the blockchain space, and in particular DeFi or Traditional Financial Services.\"\nThe role that the firm's job listing is for Head of Blockchain.\nThis posting follows recent reports about Commodity Futures Trading Commission Commissioner Dan M. Berkovitz's comments on the DeFi ecosystem.\n“Not only do I think that unlicensed DeFi markets for derivative instruments are a bad idea but I also do not see how they are legal,\" he recently said.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":627,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188835302,"gmtCreate":1623427435806,"gmtModify":1634033286660,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188835302","repostId":"1198311684","repostType":4,"repost":{"id":"1198311684","kind":"news","pubTimestamp":1623415805,"share":"https://www.laohunote.com/m/news/1198311684?lang=zh_CN&edition=full","pubTime":"2021-06-11 20:50","market":"us","language":"en","title":"Opinion: Stock investors now have come to a cliff in the road — and options are limited<blockquote>观点：股票投资者现在已经走到了悬崖边——选择有限</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198311684","media":"MarketWatch","summary":"Fundamental things haven’t applied to the U.S. market but that seems about to change.\n\nThe coronavir","content":"<p>  <b>Fundamental things haven’t applied to the U.S. market but that seems about to change.</b>  The coronavirus pandemic has been excellent for investors, but most now realize that the stock market’s extraordinary performance is not based on fundamentals, which ceased to matter some time ago.</p><p><blockquote><b>基本面尚未适用于美国市场，但这种情况似乎即将改变。</b>冠状病毒大流行对投资者来说是极好的，但现在大多数人都意识到，股市的非凡表现并不是基于基本面，而基本面在一段时间前就已经不再重要了。</blockquote></p><p> Central banks have been driving asset prices with massive liquidity infusions and zero interest rates. Consumption and corporate earnings are underpinned by large government transfer payments, fiscal stimulus and industry support.</p><p><blockquote>央行一直在通过大量注入流动性和零利率来推高资产价格。消费和企业盈利是由巨额政府转移支付、财政刺激和行业支持支撑的。</blockquote></p><p> Will it last? The consensus is that most assets are overpriced. Prices ultimately are the present value of future cash flows. Authorities have manipulated the discount rate but altering underlying long-term cash flows, which are driven by the real economy, is more difficult. Low volatility, engineered by central banks, also encourages exuberant prices. At some stage, profligate government deficits may be reigned by either winding back spending or increasing taxes. These policies may also drive inflation, requiring tighter monetary policy and higher rates.&nbsp;</p><p><blockquote>会持续吗？人们普遍认为，大多数资产定价过高。价格最终是未来现金流的现值。当局操纵了贴现率，但改变由实体经济驱动的潜在长期现金流更加困难。由央行设计的低波动性也鼓励了旺盛的价格。在某个阶段，挥霍无度的政府赤字可能会通过缩减支出或增加税收来控制。这些政策也可能推高通货膨胀，需要收紧货币政策和提高利率。</blockquote></p><p> Currently high stock prices expose investors to the risk of a sudden correction, when the game of musical chairs stops unexpectedly. Given that almost all of the gains have been in price rather than income (dividends, interest, etc.), the vulnerability is exacerbated. The unstable structure of the financial system — high leverage, shadow banks, illiquidity, unresolved linkages, the rise in trend following investors — means that any problem may trigger a major adjustment.</p><p><blockquote>当前的高股价使投资者面临突然调整的风险，即音乐椅游戏意外停止。鉴于几乎所有的收益都是价格而不是收入（股息、利息等）。），脆弱性加剧。金融体系的不稳定结构——高杠杆、影子银行、流动性不足、未解决的联系、跟随投资者的趋势上升——意味着任何问题都可能引发重大调整。</blockquote></p><p> Investors’ options are limited. You could believe in the permanency of a “new normal.” Risky asset investments are then justified on the basis that authorities must ensure high- and rising asset prices, primarily as the alternative is too awful to contemplate. This assumes that policy options remain unconstrained indefinitely.</p><p><blockquote>投资者的选择有限。你可以相信 “新常态 ”的永久性。然后，高风险资产投资是合理的，因为当局必须确保资产价格高企且不断上涨，主要是因为替代方案太可怕了，难以想象。这假设策略选项无限期地保持无限制。</blockquote></p><p> Or investors can rely on momentum, essentially Keynes’ so-called beauty contest theory of investing, which anticipated today’s “meme stocks.” Successful investment requires investors to select the most popular faces among all judges, rather than those they may personally find the most attractive. The difficulty is knowing the judge’s mind and recognizing when to sell before the music stops.</p><p><blockquote>或者，投资者可以依靠势头，本质上是凯恩斯所谓的投资选美理论，该理论预测了今天的 “迷因股票 ”。成功的投资需要投资者在所有评委中挑选出最受欢迎的面孔，而不是那些他们个人可能觉得最有吸引力的面孔。难点在于了解评委的想法，并在音乐停止前认清何时出售。</blockquote></p><p> Third, investors can park their money in cash. This means accepting exceptionally low returns perhaps for a prolonged period and, worst of all, missing out on further gains.</p><p><blockquote>第三，投资者可以将资金存放在现金中。这意味着可能在很长一段时间内接受异常低的回报，最糟糕的是，错过进一步的收益。</blockquote></p><p> An alternative is to reposition defensively into assets or businesses with reliable income streams operating in essential industries or selling staples. These traditional “widows and orphans” investments are more difficult to find today. “Safe” government bonds now offer little income but high risk. Stock and property prices are highly correlated, reflecting investor behavior as well as the common reliance on leverage. More liquid and better-quality assets frequently come under selling pressure when leveraged investors need to raise cash. Today, just as a rising tide lifts all boats, a receding surge leaves everyone stranded.</p><p><blockquote>另一种选择是防御性地重新定位到具有可靠收入来源的资产或业务中，这些资产或业务从事基本行业或销售主食。如今，这些传统的 “寡妇和孤儿 ”投资更难找到。“安全 ”的政府债券现在收益低，但风险高。股票和房地产价格高度相关，反映了投资者的行为以及对杠杆的普遍依赖。当杠杆投资者需要筹集现金时，流动性更强、质量更好的资产经常会面临抛售压力。今天，正如涨潮抬起所有的船只一样，退潮让每个人都搁浅了。</blockquote></p><p> Fourth, investors can seek to benefit from higher inflation, switching to stocks that benefit from increasing prices. But the impact on equity prices will depend on whether it is profit inflation (that is, end-product prices rise) or cost inflation, including increases in wages. If it is the latter, then the squeeze on earnings may adversely affect equity valuations. Combined with higher rates, this may adversely affect stocks. Another alternative is inflation-linked securities, such as Treasury inflation-protected securities (TIPS) &nbsp;TIP,+0.52%&nbsp;or commodities.&nbsp;</p><p><blockquote>第四，投资者可以寻求从更高的通胀中获益，转向受益于价格上涨的股票。但对股票价格的影响将取决于是利润通胀（即最终产品价格上涨）还是成本通胀，包括工资上涨。如果是后者，那么盈利的挤压可能会对股票估值产生不利影响。再加上较高的利率，这可能会对股票产生不利影响。另一种选择是与通胀挂钩的证券，例如国债通胀保值证券 (TIPS) TIP,+0.52% 或大宗商品。</blockquote></p><p> Fifth, investors could go “off-piste,” believing that existing policies are unsustainable and the economic system is irredeemable broken. This favors crypto-currencies, precious metals or collectibles — non-traditional assets whose supply is naturally constrained. The ability of the state to confiscate, tax and regulate, as well as reliance on courts to enforce rights, complicates this quest for freedom.</p><p><blockquote>第五，投资者可能会 “偏离轨道”，认为现有政策不可持续，经济体系已经无可挽回地崩溃。这有利于加密货币、贵金属或收藏品——这些非传统资产的供应自然受到限制。国家没收、征税和监管的能力，以及对法院执行权利的依赖，使这种对自由的追求变得复杂。</blockquote></p><p> The ultra-rich and some high-net worth individuals have gone off-grid already by moving into private markets. Concerned about manipulated and gamified markets, they focus now on non-listed real businesses and assets as well as private debt, sacrificing liquidity and transparency for better economics, privacy and control. Unfortunately, these options are limited for ordinary individuals — a different form of inequality.</p><p><blockquote>超级富豪和一些高净值人士已经通过进入私人市场而脱离了电网。由于担心被操纵和游戏化的市场，他们现在专注于非上市的真实企业和资产以及私人债务，为了更好的经济、隐私和控制而牺牲流动性和透明度。不幸的是，这些选择对普通人来说是有限的——这是一种不同形式的不平等。</blockquote></p><p> Investors therefore face Hobson’s illusory choice, where only one thing is actually offered. They can lose by betting against price rises or that prices keep rising.&nbsp;</p><p><blockquote>因此，投资者面临的是霍布森的虚幻选择，实际上只提供了一件事。他们可能会因押注价格上涨或价格持续上涨而失败。</blockquote></p><p></p><p> Policymakers, meanwhile, continue to compound decades of mistakes. They must now keep increasing debt and maintaining low rates in order to keep asset prices high. Government deficits are essential to maintaining economic activity. Kicking the can down the road is the only way to ensure that the day of reckoning is deferred — NIMTO (not in my term of office). This forces investors to go out further on the risk curve to generate returns.&nbsp;</p><p><blockquote>与此同时，政策制定者继续加剧几十年来的错误。他们现在必须继续增加债务并维持低利率，以保持资产价格高企。政府赤字对于维持经济活动至关重要。把罐子踢到路上是确保清算日推迟的唯一方法——NIMTO（不是在我的任期内）。这迫使投资者在风险曲线上走得更远以产生回报。</blockquote></p><p> Perhaps investors nowadays should stick to comedian Will Rogers’s famous investment advice: “Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.”</p><p><blockquote>也许现在的投资者应该遵循喜剧演员威尔-罗杰斯（Will Rogers）的著名投资建议： “不要赌博；拿出你所有的积蓄，买一些好股票，持有到股价上涨，然后卖出。如果股价不涨，就不要买”。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Stock investors now have come to a cliff in the road — and options are limited<blockquote>观点：股票投资者现在已经走到了悬崖边——选择有限</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Stock investors now have come to a cliff in the road — and options are limited<blockquote>观点：股票投资者现在已经走到了悬崖边——选择有限</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-06-11 20:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Fundamental things haven’t applied to the U.S. market but that seems about to change.</b>  The coronavirus pandemic has been excellent for investors, but most now realize that the stock market’s extraordinary performance is not based on fundamentals, which ceased to matter some time ago.</p><p><blockquote><b>基本面尚未适用于美国市场，但这种情况似乎即将改变。</b>冠状病毒大流行对投资者来说是极好的，但现在大多数人都意识到，股市的非凡表现并不是基于基本面，而基本面在一段时间前就已经不再重要了。</blockquote></p><p> Central banks have been driving asset prices with massive liquidity infusions and zero interest rates. Consumption and corporate earnings are underpinned by large government transfer payments, fiscal stimulus and industry support.</p><p><blockquote>央行一直在通过大量注入流动性和零利率来推高资产价格。消费和企业盈利是由巨额政府转移支付、财政刺激和行业支持支撑的。</blockquote></p><p> Will it last? The consensus is that most assets are overpriced. Prices ultimately are the present value of future cash flows. Authorities have manipulated the discount rate but altering underlying long-term cash flows, which are driven by the real economy, is more difficult. Low volatility, engineered by central banks, also encourages exuberant prices. At some stage, profligate government deficits may be reigned by either winding back spending or increasing taxes. These policies may also drive inflation, requiring tighter monetary policy and higher rates.&nbsp;</p><p><blockquote>会持续吗？人们普遍认为，大多数资产定价过高。价格最终是未来现金流的现值。当局操纵了贴现率，但改变由实体经济驱动的潜在长期现金流更加困难。由央行设计的低波动性也鼓励了旺盛的价格。在某个阶段，挥霍无度的政府赤字可能会通过缩减支出或增加税收来控制。这些政策也可能推高通货膨胀，需要收紧货币政策和提高利率。</blockquote></p><p> Currently high stock prices expose investors to the risk of a sudden correction, when the game of musical chairs stops unexpectedly. Given that almost all of the gains have been in price rather than income (dividends, interest, etc.), the vulnerability is exacerbated. The unstable structure of the financial system — high leverage, shadow banks, illiquidity, unresolved linkages, the rise in trend following investors — means that any problem may trigger a major adjustment.</p><p><blockquote>当前的高股价使投资者面临突然调整的风险，即音乐椅游戏意外停止。鉴于几乎所有的收益都是价格而不是收入（股息、利息等）。），脆弱性加剧。金融体系的不稳定结构——高杠杆、影子银行、流动性不足、未解决的联系、跟随投资者的趋势上升——意味着任何问题都可能引发重大调整。</blockquote></p><p> Investors’ options are limited. You could believe in the permanency of a “new normal.” Risky asset investments are then justified on the basis that authorities must ensure high- and rising asset prices, primarily as the alternative is too awful to contemplate. This assumes that policy options remain unconstrained indefinitely.</p><p><blockquote>投资者的选择有限。你可以相信 “新常态 ”的永久性。然后，高风险资产投资是合理的，因为当局必须确保资产价格高企且不断上涨，主要是因为替代方案太可怕了，难以想象。这假设策略选项无限期地保持无限制。</blockquote></p><p> Or investors can rely on momentum, essentially Keynes’ so-called beauty contest theory of investing, which anticipated today’s “meme stocks.” Successful investment requires investors to select the most popular faces among all judges, rather than those they may personally find the most attractive. The difficulty is knowing the judge’s mind and recognizing when to sell before the music stops.</p><p><blockquote>或者，投资者可以依靠势头，本质上是凯恩斯所谓的投资选美理论，该理论预测了今天的 “迷因股票 ”。成功的投资需要投资者在所有评委中挑选出最受欢迎的面孔，而不是那些他们个人可能觉得最有吸引力的面孔。难点在于了解评委的想法，并在音乐停止前认清何时出售。</blockquote></p><p> Third, investors can park their money in cash. This means accepting exceptionally low returns perhaps for a prolonged period and, worst of all, missing out on further gains.</p><p><blockquote>第三，投资者可以将资金存放在现金中。这意味着可能在很长一段时间内接受异常低的回报，最糟糕的是，错过进一步的收益。</blockquote></p><p> An alternative is to reposition defensively into assets or businesses with reliable income streams operating in essential industries or selling staples. These traditional “widows and orphans” investments are more difficult to find today. “Safe” government bonds now offer little income but high risk. Stock and property prices are highly correlated, reflecting investor behavior as well as the common reliance on leverage. More liquid and better-quality assets frequently come under selling pressure when leveraged investors need to raise cash. Today, just as a rising tide lifts all boats, a receding surge leaves everyone stranded.</p><p><blockquote>另一种选择是防御性地重新定位到具有可靠收入来源的资产或业务中，这些资产或业务从事基本行业或销售主食。如今，这些传统的 “寡妇和孤儿 ”投资更难找到。“安全 ”的政府债券现在收益低，但风险高。股票和房地产价格高度相关，反映了投资者的行为以及对杠杆的普遍依赖。当杠杆投资者需要筹集现金时，流动性更强、质量更好的资产经常会面临抛售压力。今天，正如涨潮抬起所有的船只一样，退潮让每个人都搁浅了。</blockquote></p><p> Fourth, investors can seek to benefit from higher inflation, switching to stocks that benefit from increasing prices. But the impact on equity prices will depend on whether it is profit inflation (that is, end-product prices rise) or cost inflation, including increases in wages. If it is the latter, then the squeeze on earnings may adversely affect equity valuations. Combined with higher rates, this may adversely affect stocks. Another alternative is inflation-linked securities, such as Treasury inflation-protected securities (TIPS) &nbsp;TIP,+0.52%&nbsp;or commodities.&nbsp;</p><p><blockquote>第四，投资者可以寻求从更高的通胀中获益，转向受益于价格上涨的股票。但对股票价格的影响将取决于是利润通胀（即最终产品价格上涨）还是成本通胀，包括工资上涨。如果是后者，那么盈利的挤压可能会对股票估值产生不利影响。再加上较高的利率，这可能会对股票产生不利影响。另一种选择是与通胀挂钩的证券，例如国债通胀保值证券 (TIPS) TIP,+0.52% 或大宗商品。</blockquote></p><p> Fifth, investors could go “off-piste,” believing that existing policies are unsustainable and the economic system is irredeemable broken. This favors crypto-currencies, precious metals or collectibles — non-traditional assets whose supply is naturally constrained. The ability of the state to confiscate, tax and regulate, as well as reliance on courts to enforce rights, complicates this quest for freedom.</p><p><blockquote>第五，投资者可能会 “偏离轨道”，认为现有政策不可持续，经济体系已经无可挽回地崩溃。这有利于加密货币、贵金属或收藏品——这些非传统资产的供应自然受到限制。国家没收、征税和监管的能力，以及对法院执行权利的依赖，使这种对自由的追求变得复杂。</blockquote></p><p> The ultra-rich and some high-net worth individuals have gone off-grid already by moving into private markets. Concerned about manipulated and gamified markets, they focus now on non-listed real businesses and assets as well as private debt, sacrificing liquidity and transparency for better economics, privacy and control. Unfortunately, these options are limited for ordinary individuals — a different form of inequality.</p><p><blockquote>超级富豪和一些高净值人士已经通过进入私人市场而脱离了电网。由于担心被操纵和游戏化的市场，他们现在专注于非上市的真实企业和资产以及私人债务，为了更好的经济、隐私和控制而牺牲流动性和透明度。不幸的是，这些选择对普通人来说是有限的——这是一种不同形式的不平等。</blockquote></p><p> Investors therefore face Hobson’s illusory choice, where only one thing is actually offered. They can lose by betting against price rises or that prices keep rising.&nbsp;</p><p><blockquote>因此，投资者面临的是霍布森的虚幻选择，实际上只提供了一件事。他们可能会因押注价格上涨或价格持续上涨而失败。</blockquote></p><p></p><p> Policymakers, meanwhile, continue to compound decades of mistakes. They must now keep increasing debt and maintaining low rates in order to keep asset prices high. Government deficits are essential to maintaining economic activity. Kicking the can down the road is the only way to ensure that the day of reckoning is deferred — NIMTO (not in my term of office). This forces investors to go out further on the risk curve to generate returns.&nbsp;</p><p><blockquote>与此同时，政策制定者继续加剧几十年来的错误。他们现在必须继续增加债务并维持低利率，以保持资产价格高企。政府赤字对于维持经济活动至关重要。把罐子踢到路上是确保清算日推迟的唯一方法——NIMTO（不是在我的任期内）。这迫使投资者在风险曲线上走得更远以产生回报。</blockquote></p><p> Perhaps investors nowadays should stick to comedian Will Rogers’s famous investment advice: “Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.”</p><p><blockquote>也许现在的投资者应该遵循喜剧演员威尔-罗杰斯（Will Rogers）的著名投资建议： “不要赌博；拿出你所有的积蓄，买一些好股票，持有到股价上涨，然后卖出。如果股价不涨，就不要买”。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/stock-investors-now-have-come-to-a-cliff-in-the-road-and-options-are-limited-11623375733?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":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/stock-investors-now-have-come-to-a-cliff-in-the-road-and-options-are-limited-11623375733?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198311684","content_text":"Fundamental things haven’t applied to the U.S. market but that seems about to change.\n\nThe coronavirus pandemic has been excellent for investors, but most now realize that the stock market’s extraordinary performance is not based on fundamentals, which ceased to matter some time ago.\nCentral banks have been driving asset prices with massive liquidity infusions and zero interest rates. Consumption and corporate earnings are underpinned by large government transfer payments, fiscal stimulus and industry support.\nWill it last? The consensus is that most assets are overpriced. Prices ultimately are the present value of future cash flows. Authorities have manipulated the discount rate but altering underlying long-term cash flows, which are driven by the real economy, is more difficult. Low volatility, engineered by central banks, also encourages exuberant prices. At some stage, profligate government deficits may be reigned by either winding back spending or increasing taxes. These policies may also drive inflation, requiring tighter monetary policy and higher rates. \nCurrently high stock prices expose investors to the risk of a sudden correction, when the game of musical chairs stops unexpectedly. Given that almost all of the gains have been in price rather than income (dividends, interest, etc.), the vulnerability is exacerbated. The unstable structure of the financial system — high leverage, shadow banks, illiquidity, unresolved linkages, the rise in trend following investors — means that any problem may trigger a major adjustment.\nInvestors’ options are limited. You could believe in the permanency of a “new normal.” Risky asset investments are then justified on the basis that authorities must ensure high- and rising asset prices, primarily as the alternative is too awful to contemplate. This assumes that policy options remain unconstrained indefinitely.\nOr investors can rely on momentum, essentially Keynes’ so-called beauty contest theory of investing, which anticipated today’s “meme stocks.” Successful investment requires investors to select the most popular faces among all judges, rather than those they may personally find the most attractive. The difficulty is knowing the judge’s mind and recognizing when to sell before the music stops.\nThird, investors can park their money in cash. This means accepting exceptionally low returns perhaps for a prolonged period and, worst of all, missing out on further gains.\nAn alternative is to reposition defensively into assets or businesses with reliable income streams operating in essential industries or selling staples. These traditional “widows and orphans” investments are more difficult to find today. “Safe” government bonds now offer little income but high risk. Stock and property prices are highly correlated, reflecting investor behavior as well as the common reliance on leverage. More liquid and better-quality assets frequently come under selling pressure when leveraged investors need to raise cash. Today, just as a rising tide lifts all boats, a receding surge leaves everyone stranded.\nFourth, investors can seek to benefit from higher inflation, switching to stocks that benefit from increasing prices. But the impact on equity prices will depend on whether it is profit inflation (that is, end-product prices rise) or cost inflation, including increases in wages. If it is the latter, then the squeeze on earnings may adversely affect equity valuations. Combined with higher rates, this may adversely affect stocks. Another alternative is inflation-linked securities, such as Treasury inflation-protected securities (TIPS)  TIP,+0.52% or commodities. \nFifth, investors could go “off-piste,” believing that existing policies are unsustainable and the economic system is irredeemable broken. This favors crypto-currencies, precious metals or collectibles — non-traditional assets whose supply is naturally constrained. The ability of the state to confiscate, tax and regulate, as well as reliance on courts to enforce rights, complicates this quest for freedom.\nThe ultra-rich and some high-net worth individuals have gone off-grid already by moving into private markets. Concerned about manipulated and gamified markets, they focus now on non-listed real businesses and assets as well as private debt, sacrificing liquidity and transparency for better economics, privacy and control. Unfortunately, these options are limited for ordinary individuals — a different form of inequality.\nInvestors therefore face Hobson’s illusory choice, where only one thing is actually offered. They can lose by betting against price rises or that prices keep rising. \nPolicymakers, meanwhile, continue to compound decades of mistakes. They must now keep increasing debt and maintaining low rates in order to keep asset prices high. Government deficits are essential to maintaining economic activity. Kicking the can down the road is the only way to ensure that the day of reckoning is deferred — NIMTO (not in my term of office). This forces investors to go out further on the risk curve to generate returns. \nPerhaps investors nowadays should stick to comedian Will Rogers’s famous investment advice: “Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.”","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188176224,"gmtCreate":1623426205868,"gmtModify":1634033303379,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","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/188176224","repostId":"1182261359","repostType":4,"isVote":1,"tweetType":1,"viewCount":809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":188122526,"gmtCreate":1623425001965,"gmtModify":1634033321808,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Like and comment please reply&nbsp;","listText":"Like and comment please reply&nbsp;","text":"Like and comment please reply","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/188122526","repostId":"2142022769","repostType":4,"isVote":1,"tweetType":1,"viewCount":880,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188171432,"gmtCreate":1623426127426,"gmtModify":1634033304761,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/188171432","repostId":"1147816654","repostType":4,"repost":{"id":"1147816654","kind":"news","pubTimestamp":1623411742,"share":"https://www.laohunote.com/m/news/1147816654?lang=zh_CN&edition=full","pubTime":"2021-06-11 19:42","market":"us","language":"en","title":"Will The WallStreetBets Crowd Come After Silver Again?<blockquote>华尔街投注人群会再次追逐白银吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147816654","media":"The Street","summary":"In the last meme stock run up, the precious metal became a Reddit trader crowd target after GameStop","content":"<p>  <b>In the last meme stock run up, the precious metal became a Reddit trader crowd target after GameStop and AMC.</b>  The Reddit army is back in full force!</p><p><blockquote><b>在上一次 meme 股票上涨中，继游戏驿站和 AMC 之后，贵金属成为 Reddit 交易员的众多目标。</b>Reddit大军全面回归!</blockquote></p><p> Meme stocks, driven by members of the WallStreetBets forum on the site looking to short squeeze big hedge funds, first came to prominence in a major way back at the beginning of 2021. GameStop (GME) was the first stock of choice, which saw its stock price rise from around $18 a share on New Year's Day to nearly $500 at its peak. It was soon joined by names, such as AMC Entertainment (AMC), Bed Bath &amp; Beyond (BBBY), Express (EXPR) and BlackBerry (BB). After a brief hiatus, the group is back with AMC as their stock of choice.</p><p><blockquote>模因股票在网站上希望做空大型对冲基金的 WallStreetBets 论坛成员的推动下，于 2021 年初首次以主要方式脱颖而出。游戏驿站（GME）是首选股票，其股价从元旦的每股18美元左右上涨至峰值时的近500美元。很快，AMC院线 (AMC)、Bed Bath &amp; Beyond (BBBY)、Express (EXPR) 和黑莓 (BB) 等公司也加入了进来。经过短暂的中断后，该集团重新将 AMC 作为其首选股票。</blockquote></p><p> One stock that this group went after wasn't even a stock at all. It was the<b>iShares Silver Trust (SLV)</b>. It started with, not surprisingly, aReddit postwhere one trader argued that precious metals prices have been manipulated by the big banks for years and could be an ideal target for the next big squeeze.</p><p><blockquote>这个小组追逐的一只股票根本不是股票。是<b>iShares 白银信托 (SLV)</b>毫不奇怪，事情始于 Reddit 的一篇帖子，一位交易员在帖子中辩称，贵金属价格多年来一直受到大银行的操纵，可能是下一次大挤压的理想目标。</blockquote></p><p> So they tried it and they were successful.......for a day.</p><p><blockquote>所以他们尝试了，他们成功了……....一天。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f1d77c395486d36223fb07516c1b28c\" tg-width=\"700\" tg-height=\"308\">Silver prices (and the price of SLV) popped by about 10% on the news that the WallStreetBets crowd was going to go after it, but the rally was short-lived. The share price was back down to where it was before the spike the next day and it still hasn't come near its previous heights again.</p><p><blockquote>华尔街投注人群将追逐白银的消息传出后，白银价格（以及 SLV 的价格）飙升了约 10%，但涨势是短暂的。第二天股价回落至飙升前的水平，但仍未再次接近之前的高点。</blockquote></p><p> It turns out that moving a stock, such as AMC, and moving the price of silver are two entirely different things. While many people picture jewelry and silverware when they think of silver, in reality, the major of its demand comes from heavy industry.</p><p><blockquote>事实证明，移动股票（例如 AMC）和移动白银价格是两件完全不同的事情。虽然许多人一想到白银就会想到珠宝和银器，但实际上，白银的主要需求来自重工业。</blockquote></p><p> It's used in the production of solar panels, electrical components, fuses, automobiles and industrial adhesives. Silverdemandin 2020 for industrial fabrication purposes was more than triple that of the jewelry market, more than double that for silver bars &amp; coins and more than 15 times that of silverware.</p><p><blockquote>它用于生产太阳能电池板、电子元件、保险丝、汽车和工业粘合剂。2020年工业制造用途的白银需求是珠宝市场的三倍多，银条和银币的两倍多，银器的15倍多。</blockquote></p><p> With that much constant global demand for silver, which is only expected to continue growing, it's incredibly difficult to whipsaw its price around to any significant degree (especially up to the $1,000 per ounce price target that Reddit was calling for). I'm honestly a little surprised that it was able to generate a one-day 10% gain just on meme stock speculation alone.</p><p><blockquote>由于全球对白银的需求持续不断，预计只会继续增长，因此很难大幅调整白银价格（尤其是达到 Reddit 呼吁的每盎司 1,000 美元的价格目标）。老实说，我有点惊讶，仅靠模因股票投机就能在一天内获得 10% 的收益。</blockquote></p><p> Stocks, such as AMC and GameStop, are small enough (they may not technically be considered \"small\" any more) that with enough trading volume they can be pushed pretty significantly in a fairly short amount of time. Plus, the stocks that the Reddit traders were targeting already had high short interest, meaning that any large buying activity was probably exacerbated by people short covering in order to stop the bleeding.</p><p><blockquote>AMC 和游戏驿站等股票足够小（从技术上讲，它们可能不再被认为是“小”），只要有足够的交易量，它们就可以在相当短的时间内大幅上涨。此外，Reddit交易员瞄准的股票已经有很高的空头兴趣，这意味着任何大规模的购买活动都可能因人们为了止血而做空回补而加剧。</blockquote></p><p> That's going to be difficult to pull off for silver. My guess is that the WallStreetBets group never takes a swing at silver again. It seems content to find new targets, such as Clover (CLOV), to try to push to the moon.</p><p><blockquote>对于西尔弗来说，这将很难实现。我的猜测是，WallStreetBets 集团再也不会对白银进行波动了。它似乎满足于寻找新的目标，如三叶草（CLOV），试图推向月球。</blockquote></p><p></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will The WallStreetBets Crowd Come After Silver Again?<blockquote>华尔街投注人群会再次追逐白银吗？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill The WallStreetBets Crowd Come After Silver Again?<blockquote>华尔街投注人群会再次追逐白银吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-06-11 19:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>In the last meme stock run up, the precious metal became a Reddit trader crowd target after GameStop and AMC.</b>  The Reddit army is back in full force!</p><p><blockquote><b>在上一次 meme 股票上涨中，继游戏驿站和 AMC 之后，贵金属成为 Reddit 交易员的众多目标。</b>Reddit大军全面回归!</blockquote></p><p> Meme stocks, driven by members of the WallStreetBets forum on the site looking to short squeeze big hedge funds, first came to prominence in a major way back at the beginning of 2021. GameStop (GME) was the first stock of choice, which saw its stock price rise from around $18 a share on New Year's Day to nearly $500 at its peak. It was soon joined by names, such as AMC Entertainment (AMC), Bed Bath &amp; Beyond (BBBY), Express (EXPR) and BlackBerry (BB). After a brief hiatus, the group is back with AMC as their stock of choice.</p><p><blockquote>模因股票在网站上希望做空大型对冲基金的 WallStreetBets 论坛成员的推动下，于 2021 年初首次以主要方式脱颖而出。游戏驿站（GME）是首选股票，其股价从元旦的每股18美元左右上涨至峰值时的近500美元。很快，AMC院线 (AMC)、Bed Bath &amp; Beyond (BBBY)、Express (EXPR) 和黑莓 (BB) 等公司也加入了进来。经过短暂的中断后，该集团重新将 AMC 作为其首选股票。</blockquote></p><p> One stock that this group went after wasn't even a stock at all. It was the<b>iShares Silver Trust (SLV)</b>. It started with, not surprisingly, aReddit postwhere one trader argued that precious metals prices have been manipulated by the big banks for years and could be an ideal target for the next big squeeze.</p><p><blockquote>这个小组追逐的一只股票根本不是股票。是<b>iShares 白银信托 (SLV)</b>毫不奇怪，事情始于 Reddit 的一篇帖子，一位交易员在帖子中辩称，贵金属价格多年来一直受到大银行的操纵，可能是下一次大挤压的理想目标。</blockquote></p><p> So they tried it and they were successful.......for a day.</p><p><blockquote>所以他们尝试了，他们成功了……....一天。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f1d77c395486d36223fb07516c1b28c\" tg-width=\"700\" tg-height=\"308\">Silver prices (and the price of SLV) popped by about 10% on the news that the WallStreetBets crowd was going to go after it, but the rally was short-lived. The share price was back down to where it was before the spike the next day and it still hasn't come near its previous heights again.</p><p><blockquote>华尔街投注人群将追逐白银的消息传出后，白银价格（以及 SLV 的价格）飙升了约 10%，但涨势是短暂的。第二天股价回落至飙升前的水平，但仍未再次接近之前的高点。</blockquote></p><p> It turns out that moving a stock, such as AMC, and moving the price of silver are two entirely different things. While many people picture jewelry and silverware when they think of silver, in reality, the major of its demand comes from heavy industry.</p><p><blockquote>事实证明，移动股票（例如 AMC）和移动白银价格是两件完全不同的事情。虽然许多人一想到白银就会想到珠宝和银器，但实际上，白银的主要需求来自重工业。</blockquote></p><p> It's used in the production of solar panels, electrical components, fuses, automobiles and industrial adhesives. Silverdemandin 2020 for industrial fabrication purposes was more than triple that of the jewelry market, more than double that for silver bars &amp; coins and more than 15 times that of silverware.</p><p><blockquote>它用于生产太阳能电池板、电子元件、保险丝、汽车和工业粘合剂。2020年工业制造用途的白银需求是珠宝市场的三倍多，银条和银币的两倍多，银器的15倍多。</blockquote></p><p> With that much constant global demand for silver, which is only expected to continue growing, it's incredibly difficult to whipsaw its price around to any significant degree (especially up to the $1,000 per ounce price target that Reddit was calling for). I'm honestly a little surprised that it was able to generate a one-day 10% gain just on meme stock speculation alone.</p><p><blockquote>由于全球对白银的需求持续不断，预计只会继续增长，因此很难大幅调整白银价格（尤其是达到 Reddit 呼吁的每盎司 1,000 美元的价格目标）。老实说，我有点惊讶，仅靠模因股票投机就能在一天内获得 10% 的收益。</blockquote></p><p> Stocks, such as AMC and GameStop, are small enough (they may not technically be considered \"small\" any more) that with enough trading volume they can be pushed pretty significantly in a fairly short amount of time. Plus, the stocks that the Reddit traders were targeting already had high short interest, meaning that any large buying activity was probably exacerbated by people short covering in order to stop the bleeding.</p><p><blockquote>AMC 和游戏驿站等股票足够小（从技术上讲，它们可能不再被认为是“小”），只要有足够的交易量，它们就可以在相当短的时间内大幅上涨。此外，Reddit交易员瞄准的股票已经有很高的空头兴趣，这意味着任何大规模的购买活动都可能因人们为了止血而做空回补而加剧。</blockquote></p><p> That's going to be difficult to pull off for silver. My guess is that the WallStreetBets group never takes a swing at silver again. It seems content to find new targets, such as Clover (CLOV), to try to push to the moon.</p><p><blockquote>对于西尔弗来说，这将很难实现。我的猜测是，WallStreetBets 集团再也不会对白银进行波动了。它似乎满足于寻找新的目标，如三叶草（CLOV），试图推向月球。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/etffocus/trade-ideas/will-wallstreetbets-crowd-come-after-silver\">The Street</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/etffocus/trade-ideas/will-wallstreetbets-crowd-come-after-silver","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147816654","content_text":"In the last meme stock run up, the precious metal became a Reddit trader crowd target after GameStop and AMC.\n\nThe Reddit army is back in full force!\nMeme stocks, driven by members of the WallStreetBets forum on the site looking to short squeeze big hedge funds, first came to prominence in a major way back at the beginning of 2021. GameStop (GME) was the first stock of choice, which saw its stock price rise from around $18 a share on New Year's Day to nearly $500 at its peak. It was soon joined by names, such as AMC Entertainment (AMC), Bed Bath & Beyond (BBBY), Express (EXPR) and BlackBerry (BB). After a brief hiatus, the group is back with AMC as their stock of choice.\nOne stock that this group went after wasn't even a stock at all. It was theiShares Silver Trust (SLV). It started with, not surprisingly, aReddit postwhere one trader argued that precious metals prices have been manipulated by the big banks for years and could be an ideal target for the next big squeeze.\nSo they tried it and they were successful.......for a day.\nSilver prices (and the price of SLV) popped by about 10% on the news that the WallStreetBets crowd was going to go after it, but the rally was short-lived. The share price was back down to where it was before the spike the next day and it still hasn't come near its previous heights again.\nIt turns out that moving a stock, such as AMC, and moving the price of silver are two entirely different things. While many people picture jewelry and silverware when they think of silver, in reality, the major of its demand comes from heavy industry.\nIt's used in the production of solar panels, electrical components, fuses, automobiles and industrial adhesives. Silverdemandin 2020 for industrial fabrication purposes was more than triple that of the jewelry market, more than double that for silver bars & coins and more than 15 times that of silverware.\nWith that much constant global demand for silver, which is only expected to continue growing, it's incredibly difficult to whipsaw its price around to any significant degree (especially up to the $1,000 per ounce price target that Reddit was calling for). I'm honestly a little surprised that it was able to generate a one-day 10% gain just on meme stock speculation alone.\nStocks, such as AMC and GameStop, are small enough (they may not technically be considered \"small\" any more) that with enough trading volume they can be pushed pretty significantly in a fairly short amount of time. Plus, the stocks that the Reddit traders were targeting already had high short interest, meaning that any large buying activity was probably exacerbated by people short covering in order to stop the bleeding.\nThat's going to be difficult to pull off for silver. My guess is that the WallStreetBets group never takes a swing at silver again. It seems content to find new targets, such as Clover (CLOV), to try to push to the moon.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188882639,"gmtCreate":1623428032321,"gmtModify":1634033275017,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Tsm","listText":"Tsm","text":"Tsm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188882639","repostId":"1193863762","repostType":4,"repost":{"id":"1193863762","kind":"news","pubTimestamp":1623334800,"share":"https://www.laohunote.com/m/news/1193863762?lang=zh_CN&edition=full","pubTime":"2021-06-10 22:20","market":"us","language":"en","title":"Global Semiconductor annual sales projected to increase 19.7% in 2021, 8.8% in 2022<blockquote>2021年全球半导体年销售额预计增长19.7%，2022年增长8.8%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193863762","media":"seekingalpha","summary":"(June 10) Semiconductor stocks rose in morning trading.\nRelated: Semiconductor Watchlist: Jim Cramer","content":"<p>(June 10)&nbsp;Semiconductor&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;morning&nbsp;trading.</p><p><blockquote>（6月10日）半导体股早盘上涨。</blockquote></p><p> <a href=\"https://laohu8.com/NW/1163875762\" target=\"_blank\"><b>Related:&nbsp;Semiconductor Watchlist: Jim Cramer Says to Own Nvidia, AMD and Broadcom</b></a><b></b></p><p><blockquote><a href=\"https://laohu8.com/NW/1163875762\" target=\"_blank\"><b>相关：半导体观察名单：吉姆·克莱默表示将拥有英伟达、AMD 和博通</b></a><b></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb703ee8165d2dc48c5550db47dfebc7\" tg-width=\"303\" tg-height=\"363\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> According to World Semiconductor Trade Statistics estimates, the global semiconductor market will rise from 6.8% in 2020 to 19.7% thisyear to ~$527B.</p><p><blockquote>根据世界半导体贸易统计估计，全球半导体市场将从2020年的6.8%上升到今年的19.7%，达到约527B美元。</blockquote></p><p> The most significant growth contributors are Memory with 31.7%, followed by Sensors with 22.4% and, Analog with 21.7%. All other major product categories are also expected to show double-digit growth rates, except Optoelectronics with 9.8% and MOS Micro with 8.1%.</p><p><blockquote>增长最显著的贡献者是存储器，占31.7%，其次是传感器，占22.4%，模拟，占21.7%。除光电子9.8%和MOS微8.1%外，所有其他主要产品类别预计也将呈现两位数的增长率。</blockquote></p><p> In 2021, Asia Pacific (incl. China) is forecasted to show the most robust growth rate with 23.5%, followed by Europe with 21.1%, Japan 12.7%, and the Americas with 11.1%.</p><p><blockquote>2021年，亚太地区（包括中国）预计将呈现最强劲的增长率，达到23.5%，其次是欧洲（21.1%）、日本（12.7%）和美洲（11.1%）。</blockquote></p><p> For 2022, the global semiconductor market is projected to grow by 8.8% to $573B, driven by double-digit growth of the Memory category. All regions are expected again to show favorable growth rates.</p><p><blockquote>2022年，在存储器类别两位数增长的推动下，全球半导体市场预计将增长8.8%，达到5730亿美元。预计所有地区都将再次显示出有利的增长率。</blockquote></p><p> Related stocks YTD returns: NXP Semiconductor(NASDAQ:NXPI)&nbsp;+24.7%, On Semiconducter(NASDAQ:ON)&nbsp;+14.85%, Intel(NASDAQ:INTC)&nbsp;+14.4%,&nbsp; and, TSMC(NYSE:TSM)&nbsp;+6.3%.</p><p><blockquote>相关股票年初至今回报率：恩智浦半导体（纳斯达克股票代码：NXPI）+24.7%，安森美半导体（纳斯达克股票代码：ON）+14.85%，英特尔（纳斯达克股票代码：INTC）+14.4%，台积电（纽约证券交易所股票代码：TSM）+6.3%。</blockquote></p><p> ETFs:SMH,SOXL,SOXX,XSD,USD,SOXS,PSI,FTXL,SSG.</p><p><blockquote>ETF：SMH、SOXL、SOXXX、XSD、USD、SOXS、PSI、FTXL、SSG。</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>Global Semiconductor annual sales projected to increase 19.7% in 2021, 8.8% in 2022<blockquote>2021年全球半导体年销售额预计增长19.7%，2022年增长8.8%</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\">\nGlobal Semiconductor annual sales projected to increase 19.7% in 2021, 8.8% in 2022<blockquote>2021年全球半导体年销售额预计增长19.7%，2022年增长8.8%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-10 22:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(June 10)&nbsp;Semiconductor&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;morning&nbsp;trading.</p><p><blockquote>（6月10日）半导体股早盘上涨。</blockquote></p><p> <a href=\"https://laohu8.com/NW/1163875762\" target=\"_blank\"><b>Related:&nbsp;Semiconductor Watchlist: Jim Cramer Says to Own Nvidia, AMD and Broadcom</b></a><b></b></p><p><blockquote><a href=\"https://laohu8.com/NW/1163875762\" target=\"_blank\"><b>相关：半导体观察名单：吉姆·克莱默表示将拥有英伟达、AMD 和博通</b></a><b></b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/eb703ee8165d2dc48c5550db47dfebc7\" tg-width=\"303\" tg-height=\"363\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> According to World Semiconductor Trade Statistics estimates, the global semiconductor market will rise from 6.8% in 2020 to 19.7% thisyear to ~$527B.</p><p><blockquote>根据世界半导体贸易统计估计，全球半导体市场将从2020年的6.8%上升到今年的19.7%，达到约527B美元。</blockquote></p><p> The most significant growth contributors are Memory with 31.7%, followed by Sensors with 22.4% and, Analog with 21.7%. All other major product categories are also expected to show double-digit growth rates, except Optoelectronics with 9.8% and MOS Micro with 8.1%.</p><p><blockquote>增长最显著的贡献者是存储器，占31.7%，其次是传感器，占22.4%，模拟，占21.7%。除光电子9.8%和MOS微8.1%外，所有其他主要产品类别预计也将呈现两位数的增长率。</blockquote></p><p> In 2021, Asia Pacific (incl. China) is forecasted to show the most robust growth rate with 23.5%, followed by Europe with 21.1%, Japan 12.7%, and the Americas with 11.1%.</p><p><blockquote>2021年，亚太地区（包括中国）预计将呈现最强劲的增长率，达到23.5%，其次是欧洲（21.1%）、日本（12.7%）和美洲（11.1%）。</blockquote></p><p> For 2022, the global semiconductor market is projected to grow by 8.8% to $573B, driven by double-digit growth of the Memory category. All regions are expected again to show favorable growth rates.</p><p><blockquote>2022年，在存储器类别两位数增长的推动下，全球半导体市场预计将增长8.8%，达到5730亿美元。预计所有地区都将再次显示出有利的增长率。</blockquote></p><p> Related stocks YTD returns: NXP Semiconductor(NASDAQ:NXPI)&nbsp;+24.7%, On Semiconducter(NASDAQ:ON)&nbsp;+14.85%, Intel(NASDAQ:INTC)&nbsp;+14.4%,&nbsp; and, TSMC(NYSE:TSM)&nbsp;+6.3%.</p><p><blockquote>相关股票年初至今回报率：恩智浦半导体（纳斯达克股票代码：NXPI）+24.7%，安森美半导体（纳斯达克股票代码：ON）+14.85%，英特尔（纳斯达克股票代码：INTC）+14.4%，台积电（纽约证券交易所股票代码：TSM）+6.3%。</blockquote></p><p> ETFs:SMH,SOXL,SOXX,XSD,USD,SOXS,PSI,FTXL,SSG.</p><p><blockquote>ETF：SMH、SOXL、SOXXX、XSD、USD、SOXS、PSI、FTXL、SSG。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/news/3704878-global-semiconductor-annual-sales-projected-to-increase-about-20-percentage-in-2021-and-9-percentage-in-2022\">seekingalpha</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":{"INTC":"英特尔","ON":"安森美半导体","TSM":"台积电","NXPI":"恩智浦"},"source_url":"https://seekingalpha.com/news/3704878-global-semiconductor-annual-sales-projected-to-increase-about-20-percentage-in-2021-and-9-percentage-in-2022","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193863762","content_text":"(June 10) Semiconductor stocks rose in morning trading.\nRelated: Semiconductor Watchlist: Jim Cramer Says to Own Nvidia, AMD and Broadcom\n\nAccording to World Semiconductor Trade Statistics estimates, the global semiconductor market will rise from 6.8% in 2020 to 19.7% thisyear to ~$527B.\nThe most significant growth contributors are Memory with 31.7%, followed by Sensors with 22.4% and, Analog with 21.7%. All other major product categories are also expected to show double-digit growth rates, except Optoelectronics with 9.8% and MOS Micro with 8.1%.\nIn 2021, Asia Pacific (incl. China) is forecasted to show the most robust growth rate with 23.5%, followed by Europe with 21.1%, Japan 12.7%, and the Americas with 11.1%.\nFor 2022, the global semiconductor market is projected to grow by 8.8% to $573B, driven by double-digit growth of the Memory category. All regions are expected again to show favorable growth rates.\nRelated stocks YTD returns: NXP Semiconductor(NASDAQ:NXPI) +24.7%, On Semiconducter(NASDAQ:ON) +14.85%, Intel(NASDAQ:INTC) +14.4%,  and, TSMC(NYSE:TSM) +6.3%.\nETFs:SMH,SOXL,SOXX,XSD,USD,SOXS,PSI,FTXL,SSG.","news_type":1,"symbols_score_info":{"ON":0.9,"TSM":0.9,"NXPI":0.9,"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":3868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188818616,"gmtCreate":1623427637435,"gmtModify":1634033282508,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Ctrm","listText":"Ctrm","text":"Ctrm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188818616","repostId":"1194129273","repostType":4,"isVote":1,"tweetType":1,"viewCount":2478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188818911,"gmtCreate":1623427625133,"gmtModify":1634033282873,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Amd","listText":"Amd","text":"Amd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188818911","repostId":"2142787662","repostType":4,"isVote":1,"tweetType":1,"viewCount":3420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188952341,"gmtCreate":1623420121083,"gmtModify":1634033433794,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/188952341","repostId":"2142427658","repostType":4,"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188888410,"gmtCreate":1623427990230,"gmtModify":1634033276301,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188888410","repostId":"1184070773","repostType":4,"isVote":1,"tweetType":1,"viewCount":2569,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188835302,"gmtCreate":1623427435806,"gmtModify":1634033286660,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188835302","repostId":"1198311684","repostType":4,"repost":{"id":"1198311684","kind":"news","pubTimestamp":1623415805,"share":"https://www.laohunote.com/m/news/1198311684?lang=zh_CN&edition=full","pubTime":"2021-06-11 20:50","market":"us","language":"en","title":"Opinion: Stock investors now have come to a cliff in the road — and options are limited<blockquote>观点：股票投资者现在已经走到了悬崖边——选择有限</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198311684","media":"MarketWatch","summary":"Fundamental things haven’t applied to the U.S. market but that seems about to change.\n\nThe coronavir","content":"<p>  <b>Fundamental things haven’t applied to the U.S. market but that seems about to change.</b>  The coronavirus pandemic has been excellent for investors, but most now realize that the stock market’s extraordinary performance is not based on fundamentals, which ceased to matter some time ago.</p><p><blockquote><b>基本面尚未适用于美国市场，但这种情况似乎即将改变。</b>冠状病毒大流行对投资者来说是极好的，但现在大多数人都意识到，股市的非凡表现并不是基于基本面，而基本面在一段时间前就已经不再重要了。</blockquote></p><p> Central banks have been driving asset prices with massive liquidity infusions and zero interest rates. Consumption and corporate earnings are underpinned by large government transfer payments, fiscal stimulus and industry support.</p><p><blockquote>央行一直在通过大量注入流动性和零利率来推高资产价格。消费和企业盈利是由巨额政府转移支付、财政刺激和行业支持支撑的。</blockquote></p><p> Will it last? The consensus is that most assets are overpriced. Prices ultimately are the present value of future cash flows. Authorities have manipulated the discount rate but altering underlying long-term cash flows, which are driven by the real economy, is more difficult. Low volatility, engineered by central banks, also encourages exuberant prices. At some stage, profligate government deficits may be reigned by either winding back spending or increasing taxes. These policies may also drive inflation, requiring tighter monetary policy and higher rates.&nbsp;</p><p><blockquote>会持续吗？人们普遍认为，大多数资产定价过高。价格最终是未来现金流的现值。当局操纵了贴现率，但改变由实体经济驱动的潜在长期现金流更加困难。由央行设计的低波动性也鼓励了旺盛的价格。在某个阶段，挥霍无度的政府赤字可能会通过缩减支出或增加税收来控制。这些政策也可能推高通货膨胀，需要收紧货币政策和提高利率。</blockquote></p><p> Currently high stock prices expose investors to the risk of a sudden correction, when the game of musical chairs stops unexpectedly. Given that almost all of the gains have been in price rather than income (dividends, interest, etc.), the vulnerability is exacerbated. The unstable structure of the financial system — high leverage, shadow banks, illiquidity, unresolved linkages, the rise in trend following investors — means that any problem may trigger a major adjustment.</p><p><blockquote>当前的高股价使投资者面临突然调整的风险，即音乐椅游戏意外停止。鉴于几乎所有的收益都是价格而不是收入（股息、利息等）。），脆弱性加剧。金融体系的不稳定结构——高杠杆、影子银行、流动性不足、未解决的联系、跟随投资者的趋势上升——意味着任何问题都可能引发重大调整。</blockquote></p><p> Investors’ options are limited. You could believe in the permanency of a “new normal.” Risky asset investments are then justified on the basis that authorities must ensure high- and rising asset prices, primarily as the alternative is too awful to contemplate. This assumes that policy options remain unconstrained indefinitely.</p><p><blockquote>投资者的选择有限。你可以相信 “新常态 ”的永久性。然后，高风险资产投资是合理的，因为当局必须确保资产价格高企且不断上涨，主要是因为替代方案太可怕了，难以想象。这假设策略选项无限期地保持无限制。</blockquote></p><p> Or investors can rely on momentum, essentially Keynes’ so-called beauty contest theory of investing, which anticipated today’s “meme stocks.” Successful investment requires investors to select the most popular faces among all judges, rather than those they may personally find the most attractive. The difficulty is knowing the judge’s mind and recognizing when to sell before the music stops.</p><p><blockquote>或者，投资者可以依靠势头，本质上是凯恩斯所谓的投资选美理论，该理论预测了今天的 “迷因股票 ”。成功的投资需要投资者在所有评委中挑选出最受欢迎的面孔，而不是那些他们个人可能觉得最有吸引力的面孔。难点在于了解评委的想法，并在音乐停止前认清何时出售。</blockquote></p><p> Third, investors can park their money in cash. This means accepting exceptionally low returns perhaps for a prolonged period and, worst of all, missing out on further gains.</p><p><blockquote>第三，投资者可以将资金存放在现金中。这意味着可能在很长一段时间内接受异常低的回报，最糟糕的是，错过进一步的收益。</blockquote></p><p> An alternative is to reposition defensively into assets or businesses with reliable income streams operating in essential industries or selling staples. These traditional “widows and orphans” investments are more difficult to find today. “Safe” government bonds now offer little income but high risk. Stock and property prices are highly correlated, reflecting investor behavior as well as the common reliance on leverage. More liquid and better-quality assets frequently come under selling pressure when leveraged investors need to raise cash. Today, just as a rising tide lifts all boats, a receding surge leaves everyone stranded.</p><p><blockquote>另一种选择是防御性地重新定位到具有可靠收入来源的资产或业务中，这些资产或业务从事基本行业或销售主食。如今，这些传统的 “寡妇和孤儿 ”投资更难找到。“安全 ”的政府债券现在收益低，但风险高。股票和房地产价格高度相关，反映了投资者的行为以及对杠杆的普遍依赖。当杠杆投资者需要筹集现金时，流动性更强、质量更好的资产经常会面临抛售压力。今天，正如涨潮抬起所有的船只一样，退潮让每个人都搁浅了。</blockquote></p><p> Fourth, investors can seek to benefit from higher inflation, switching to stocks that benefit from increasing prices. But the impact on equity prices will depend on whether it is profit inflation (that is, end-product prices rise) or cost inflation, including increases in wages. If it is the latter, then the squeeze on earnings may adversely affect equity valuations. Combined with higher rates, this may adversely affect stocks. Another alternative is inflation-linked securities, such as Treasury inflation-protected securities (TIPS) &nbsp;TIP,+0.52%&nbsp;or commodities.&nbsp;</p><p><blockquote>第四，投资者可以寻求从更高的通胀中获益，转向受益于价格上涨的股票。但对股票价格的影响将取决于是利润通胀（即最终产品价格上涨）还是成本通胀，包括工资上涨。如果是后者，那么盈利的挤压可能会对股票估值产生不利影响。再加上较高的利率，这可能会对股票产生不利影响。另一种选择是与通胀挂钩的证券，例如国债通胀保值证券 (TIPS) TIP,+0.52% 或大宗商品。</blockquote></p><p> Fifth, investors could go “off-piste,” believing that existing policies are unsustainable and the economic system is irredeemable broken. This favors crypto-currencies, precious metals or collectibles — non-traditional assets whose supply is naturally constrained. The ability of the state to confiscate, tax and regulate, as well as reliance on courts to enforce rights, complicates this quest for freedom.</p><p><blockquote>第五，投资者可能会 “偏离轨道”，认为现有政策不可持续，经济体系已经无可挽回地崩溃。这有利于加密货币、贵金属或收藏品——这些非传统资产的供应自然受到限制。国家没收、征税和监管的能力，以及对法院执行权利的依赖，使这种对自由的追求变得复杂。</blockquote></p><p> The ultra-rich and some high-net worth individuals have gone off-grid already by moving into private markets. Concerned about manipulated and gamified markets, they focus now on non-listed real businesses and assets as well as private debt, sacrificing liquidity and transparency for better economics, privacy and control. Unfortunately, these options are limited for ordinary individuals — a different form of inequality.</p><p><blockquote>超级富豪和一些高净值人士已经通过进入私人市场而脱离了电网。由于担心被操纵和游戏化的市场，他们现在专注于非上市的真实企业和资产以及私人债务，为了更好的经济、隐私和控制而牺牲流动性和透明度。不幸的是，这些选择对普通人来说是有限的——这是一种不同形式的不平等。</blockquote></p><p> Investors therefore face Hobson’s illusory choice, where only one thing is actually offered. They can lose by betting against price rises or that prices keep rising.&nbsp;</p><p><blockquote>因此，投资者面临的是霍布森的虚幻选择，实际上只提供了一件事。他们可能会因押注价格上涨或价格持续上涨而失败。</blockquote></p><p></p><p> Policymakers, meanwhile, continue to compound decades of mistakes. They must now keep increasing debt and maintaining low rates in order to keep asset prices high. Government deficits are essential to maintaining economic activity. Kicking the can down the road is the only way to ensure that the day of reckoning is deferred — NIMTO (not in my term of office). This forces investors to go out further on the risk curve to generate returns.&nbsp;</p><p><blockquote>与此同时，政策制定者继续加剧几十年来的错误。他们现在必须继续增加债务并维持低利率，以保持资产价格高企。政府赤字对于维持经济活动至关重要。把罐子踢到路上是确保清算日推迟的唯一方法——NIMTO（不是在我的任期内）。这迫使投资者在风险曲线上走得更远以产生回报。</blockquote></p><p> Perhaps investors nowadays should stick to comedian Will Rogers’s famous investment advice: “Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.”</p><p><blockquote>也许现在的投资者应该遵循喜剧演员威尔-罗杰斯（Will Rogers）的著名投资建议： “不要赌博；拿出你所有的积蓄，买一些好股票，持有到股价上涨，然后卖出。如果股价不涨，就不要买”。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Stock investors now have come to a cliff in the road — and options are limited<blockquote>观点：股票投资者现在已经走到了悬崖边——选择有限</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Stock investors now have come to a cliff in the road — and options are limited<blockquote>观点：股票投资者现在已经走到了悬崖边——选择有限</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-06-11 20:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Fundamental things haven’t applied to the U.S. market but that seems about to change.</b>  The coronavirus pandemic has been excellent for investors, but most now realize that the stock market’s extraordinary performance is not based on fundamentals, which ceased to matter some time ago.</p><p><blockquote><b>基本面尚未适用于美国市场，但这种情况似乎即将改变。</b>冠状病毒大流行对投资者来说是极好的，但现在大多数人都意识到，股市的非凡表现并不是基于基本面，而基本面在一段时间前就已经不再重要了。</blockquote></p><p> Central banks have been driving asset prices with massive liquidity infusions and zero interest rates. Consumption and corporate earnings are underpinned by large government transfer payments, fiscal stimulus and industry support.</p><p><blockquote>央行一直在通过大量注入流动性和零利率来推高资产价格。消费和企业盈利是由巨额政府转移支付、财政刺激和行业支持支撑的。</blockquote></p><p> Will it last? The consensus is that most assets are overpriced. Prices ultimately are the present value of future cash flows. Authorities have manipulated the discount rate but altering underlying long-term cash flows, which are driven by the real economy, is more difficult. Low volatility, engineered by central banks, also encourages exuberant prices. At some stage, profligate government deficits may be reigned by either winding back spending or increasing taxes. These policies may also drive inflation, requiring tighter monetary policy and higher rates.&nbsp;</p><p><blockquote>会持续吗？人们普遍认为，大多数资产定价过高。价格最终是未来现金流的现值。当局操纵了贴现率，但改变由实体经济驱动的潜在长期现金流更加困难。由央行设计的低波动性也鼓励了旺盛的价格。在某个阶段，挥霍无度的政府赤字可能会通过缩减支出或增加税收来控制。这些政策也可能推高通货膨胀，需要收紧货币政策和提高利率。</blockquote></p><p> Currently high stock prices expose investors to the risk of a sudden correction, when the game of musical chairs stops unexpectedly. Given that almost all of the gains have been in price rather than income (dividends, interest, etc.), the vulnerability is exacerbated. The unstable structure of the financial system — high leverage, shadow banks, illiquidity, unresolved linkages, the rise in trend following investors — means that any problem may trigger a major adjustment.</p><p><blockquote>当前的高股价使投资者面临突然调整的风险，即音乐椅游戏意外停止。鉴于几乎所有的收益都是价格而不是收入（股息、利息等）。），脆弱性加剧。金融体系的不稳定结构——高杠杆、影子银行、流动性不足、未解决的联系、跟随投资者的趋势上升——意味着任何问题都可能引发重大调整。</blockquote></p><p> Investors’ options are limited. You could believe in the permanency of a “new normal.” Risky asset investments are then justified on the basis that authorities must ensure high- and rising asset prices, primarily as the alternative is too awful to contemplate. This assumes that policy options remain unconstrained indefinitely.</p><p><blockquote>投资者的选择有限。你可以相信 “新常态 ”的永久性。然后，高风险资产投资是合理的，因为当局必须确保资产价格高企且不断上涨，主要是因为替代方案太可怕了，难以想象。这假设策略选项无限期地保持无限制。</blockquote></p><p> Or investors can rely on momentum, essentially Keynes’ so-called beauty contest theory of investing, which anticipated today’s “meme stocks.” Successful investment requires investors to select the most popular faces among all judges, rather than those they may personally find the most attractive. The difficulty is knowing the judge’s mind and recognizing when to sell before the music stops.</p><p><blockquote>或者，投资者可以依靠势头，本质上是凯恩斯所谓的投资选美理论，该理论预测了今天的 “迷因股票 ”。成功的投资需要投资者在所有评委中挑选出最受欢迎的面孔，而不是那些他们个人可能觉得最有吸引力的面孔。难点在于了解评委的想法，并在音乐停止前认清何时出售。</blockquote></p><p> Third, investors can park their money in cash. This means accepting exceptionally low returns perhaps for a prolonged period and, worst of all, missing out on further gains.</p><p><blockquote>第三，投资者可以将资金存放在现金中。这意味着可能在很长一段时间内接受异常低的回报，最糟糕的是，错过进一步的收益。</blockquote></p><p> An alternative is to reposition defensively into assets or businesses with reliable income streams operating in essential industries or selling staples. These traditional “widows and orphans” investments are more difficult to find today. “Safe” government bonds now offer little income but high risk. Stock and property prices are highly correlated, reflecting investor behavior as well as the common reliance on leverage. More liquid and better-quality assets frequently come under selling pressure when leveraged investors need to raise cash. Today, just as a rising tide lifts all boats, a receding surge leaves everyone stranded.</p><p><blockquote>另一种选择是防御性地重新定位到具有可靠收入来源的资产或业务中，这些资产或业务从事基本行业或销售主食。如今，这些传统的 “寡妇和孤儿 ”投资更难找到。“安全 ”的政府债券现在收益低，但风险高。股票和房地产价格高度相关，反映了投资者的行为以及对杠杆的普遍依赖。当杠杆投资者需要筹集现金时，流动性更强、质量更好的资产经常会面临抛售压力。今天，正如涨潮抬起所有的船只一样，退潮让每个人都搁浅了。</blockquote></p><p> Fourth, investors can seek to benefit from higher inflation, switching to stocks that benefit from increasing prices. But the impact on equity prices will depend on whether it is profit inflation (that is, end-product prices rise) or cost inflation, including increases in wages. If it is the latter, then the squeeze on earnings may adversely affect equity valuations. Combined with higher rates, this may adversely affect stocks. Another alternative is inflation-linked securities, such as Treasury inflation-protected securities (TIPS) &nbsp;TIP,+0.52%&nbsp;or commodities.&nbsp;</p><p><blockquote>第四，投资者可以寻求从更高的通胀中获益，转向受益于价格上涨的股票。但对股票价格的影响将取决于是利润通胀（即最终产品价格上涨）还是成本通胀，包括工资上涨。如果是后者，那么盈利的挤压可能会对股票估值产生不利影响。再加上较高的利率，这可能会对股票产生不利影响。另一种选择是与通胀挂钩的证券，例如国债通胀保值证券 (TIPS) TIP,+0.52% 或大宗商品。</blockquote></p><p> Fifth, investors could go “off-piste,” believing that existing policies are unsustainable and the economic system is irredeemable broken. This favors crypto-currencies, precious metals or collectibles — non-traditional assets whose supply is naturally constrained. The ability of the state to confiscate, tax and regulate, as well as reliance on courts to enforce rights, complicates this quest for freedom.</p><p><blockquote>第五，投资者可能会 “偏离轨道”，认为现有政策不可持续，经济体系已经无可挽回地崩溃。这有利于加密货币、贵金属或收藏品——这些非传统资产的供应自然受到限制。国家没收、征税和监管的能力，以及对法院执行权利的依赖，使这种对自由的追求变得复杂。</blockquote></p><p> The ultra-rich and some high-net worth individuals have gone off-grid already by moving into private markets. Concerned about manipulated and gamified markets, they focus now on non-listed real businesses and assets as well as private debt, sacrificing liquidity and transparency for better economics, privacy and control. Unfortunately, these options are limited for ordinary individuals — a different form of inequality.</p><p><blockquote>超级富豪和一些高净值人士已经通过进入私人市场而脱离了电网。由于担心被操纵和游戏化的市场，他们现在专注于非上市的真实企业和资产以及私人债务，为了更好的经济、隐私和控制而牺牲流动性和透明度。不幸的是，这些选择对普通人来说是有限的——这是一种不同形式的不平等。</blockquote></p><p> Investors therefore face Hobson’s illusory choice, where only one thing is actually offered. They can lose by betting against price rises or that prices keep rising.&nbsp;</p><p><blockquote>因此，投资者面临的是霍布森的虚幻选择，实际上只提供了一件事。他们可能会因押注价格上涨或价格持续上涨而失败。</blockquote></p><p></p><p> Policymakers, meanwhile, continue to compound decades of mistakes. They must now keep increasing debt and maintaining low rates in order to keep asset prices high. Government deficits are essential to maintaining economic activity. Kicking the can down the road is the only way to ensure that the day of reckoning is deferred — NIMTO (not in my term of office). This forces investors to go out further on the risk curve to generate returns.&nbsp;</p><p><blockquote>与此同时，政策制定者继续加剧几十年来的错误。他们现在必须继续增加债务并维持低利率，以保持资产价格高企。政府赤字对于维持经济活动至关重要。把罐子踢到路上是确保清算日推迟的唯一方法——NIMTO（不是在我的任期内）。这迫使投资者在风险曲线上走得更远以产生回报。</blockquote></p><p> Perhaps investors nowadays should stick to comedian Will Rogers’s famous investment advice: “Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.”</p><p><blockquote>也许现在的投资者应该遵循喜剧演员威尔-罗杰斯（Will Rogers）的著名投资建议： “不要赌博；拿出你所有的积蓄，买一些好股票，持有到股价上涨，然后卖出。如果股价不涨，就不要买”。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/stock-investors-now-have-come-to-a-cliff-in-the-road-and-options-are-limited-11623375733?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":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/stock-investors-now-have-come-to-a-cliff-in-the-road-and-options-are-limited-11623375733?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198311684","content_text":"Fundamental things haven’t applied to the U.S. market but that seems about to change.\n\nThe coronavirus pandemic has been excellent for investors, but most now realize that the stock market’s extraordinary performance is not based on fundamentals, which ceased to matter some time ago.\nCentral banks have been driving asset prices with massive liquidity infusions and zero interest rates. Consumption and corporate earnings are underpinned by large government transfer payments, fiscal stimulus and industry support.\nWill it last? The consensus is that most assets are overpriced. Prices ultimately are the present value of future cash flows. Authorities have manipulated the discount rate but altering underlying long-term cash flows, which are driven by the real economy, is more difficult. Low volatility, engineered by central banks, also encourages exuberant prices. At some stage, profligate government deficits may be reigned by either winding back spending or increasing taxes. These policies may also drive inflation, requiring tighter monetary policy and higher rates. \nCurrently high stock prices expose investors to the risk of a sudden correction, when the game of musical chairs stops unexpectedly. Given that almost all of the gains have been in price rather than income (dividends, interest, etc.), the vulnerability is exacerbated. The unstable structure of the financial system — high leverage, shadow banks, illiquidity, unresolved linkages, the rise in trend following investors — means that any problem may trigger a major adjustment.\nInvestors’ options are limited. You could believe in the permanency of a “new normal.” Risky asset investments are then justified on the basis that authorities must ensure high- and rising asset prices, primarily as the alternative is too awful to contemplate. This assumes that policy options remain unconstrained indefinitely.\nOr investors can rely on momentum, essentially Keynes’ so-called beauty contest theory of investing, which anticipated today’s “meme stocks.” Successful investment requires investors to select the most popular faces among all judges, rather than those they may personally find the most attractive. The difficulty is knowing the judge’s mind and recognizing when to sell before the music stops.\nThird, investors can park their money in cash. This means accepting exceptionally low returns perhaps for a prolonged period and, worst of all, missing out on further gains.\nAn alternative is to reposition defensively into assets or businesses with reliable income streams operating in essential industries or selling staples. These traditional “widows and orphans” investments are more difficult to find today. “Safe” government bonds now offer little income but high risk. Stock and property prices are highly correlated, reflecting investor behavior as well as the common reliance on leverage. More liquid and better-quality assets frequently come under selling pressure when leveraged investors need to raise cash. Today, just as a rising tide lifts all boats, a receding surge leaves everyone stranded.\nFourth, investors can seek to benefit from higher inflation, switching to stocks that benefit from increasing prices. But the impact on equity prices will depend on whether it is profit inflation (that is, end-product prices rise) or cost inflation, including increases in wages. If it is the latter, then the squeeze on earnings may adversely affect equity valuations. Combined with higher rates, this may adversely affect stocks. Another alternative is inflation-linked securities, such as Treasury inflation-protected securities (TIPS)  TIP,+0.52% or commodities. \nFifth, investors could go “off-piste,” believing that existing policies are unsustainable and the economic system is irredeemable broken. This favors crypto-currencies, precious metals or collectibles — non-traditional assets whose supply is naturally constrained. The ability of the state to confiscate, tax and regulate, as well as reliance on courts to enforce rights, complicates this quest for freedom.\nThe ultra-rich and some high-net worth individuals have gone off-grid already by moving into private markets. Concerned about manipulated and gamified markets, they focus now on non-listed real businesses and assets as well as private debt, sacrificing liquidity and transparency for better economics, privacy and control. Unfortunately, these options are limited for ordinary individuals — a different form of inequality.\nInvestors therefore face Hobson’s illusory choice, where only one thing is actually offered. They can lose by betting against price rises or that prices keep rising. \nPolicymakers, meanwhile, continue to compound decades of mistakes. They must now keep increasing debt and maintaining low rates in order to keep asset prices high. Government deficits are essential to maintaining economic activity. Kicking the can down the road is the only way to ensure that the day of reckoning is deferred — NIMTO (not in my term of office). This forces investors to go out further on the risk curve to generate returns. \nPerhaps investors nowadays should stick to comedian Will Rogers’s famous investment advice: “Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.”","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188178813,"gmtCreate":1623426149832,"gmtModify":1634033304192,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Nice graph","listText":"Nice graph","text":"Nice graph","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188178813","repostId":"2142222208","repostType":4,"isVote":1,"tweetType":1,"viewCount":414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188860629,"gmtCreate":1623428167461,"gmtModify":1634033272038,"author":{"id":"3582053750057944","authorId":"3582053750057944","name":"Endlesstory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582053750057944","authorIdStr":"3582053750057944"},"themes":[],"title":"","htmlText":"Tssmc","listText":"Tssmc","text":"Tssmc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/188860629","repostId":"1137147350","repostType":4,"isVote":1,"tweetType":1,"viewCount":2926,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}