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Jeremiahsay

Jeremiahsay

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2021-05-27

Like and comment please

LAIX Inc shares once soared 40% in pre-market trading<blockquote>LAIX Inc股价在盘前交易中一度飙升40%</blockquote>

2021-05-24

Please like and comment on my comment. Hehe thanks.

抱歉，原内容已删除

2021-05-24

Bought the dip on ETH. #HODL

Crypto Is Crashing: Is Now the Time to Invest?<blockquote>加密货币正在崩溃：现在是投资的时候吗？</blockquote>

2021-05-24

Please help to comment and like

抱歉，原内容已删除

2021-05-24

Commented

Morgan Stanley: Here Are The 4 "Worries" That Will Dominate The Next 6-12 Months<blockquote>摩根士丹利：以下是将主导未来6-12个月的4个“担忧”</blockquote>

2021-05-21

I’m going to buy this stock when the stock market crashes. [Cool]

2021-05-21

I smell $TSLA

California Says Most Uber, Lyft Trips Must Transition to EVs This Decade<blockquote>加州表示，本十年大多数优步和Lyft出行必须过渡到电动汽车</blockquote>

2021-05-21

These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in.

抱歉，原内容已删除

2021-05-21

“Gold is honest money dislike by dishonest people.” - Gracious Quotes

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and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132480477","repostId":"1183894964","repostType":4,"repost":{"id":"1183894964","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622103263,"share":"https://www.laohu8.com/m/news/1183894964?lang=zh_CN&edition=full","pubTime":"2021-05-27 16:14","market":"us","language":"en","title":"LAIX Inc shares once soared 40% in pre-market trading<blockquote>LAIX Inc股价在盘前交易中一度飙升40%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1183894964","media":"Tiger Newspress","summary":"LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited ","content":"<p>LAIX Inc&nbsp;shares&nbsp;once&nbsp;soared&nbsp;40% in pre-market&nbsp;trading,after&nbsp;announcing First Quarter 2021 Unaudited Financial Results.</p><p><blockquote>在公布2021年第一季度未经审计的财务业绩后，LAIX Inc股价在盘前交易中一度飙升40%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/65815d67e0290ec2a066e3f3200d0ec8\" tg-width=\"1283\" tg-height=\"609\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>First Quarter 2021&nbsp;Financial and Operating Highlights</b></p><p><blockquote><b>2021年第一季度财务和运营摘要</b></blockquote></p><p><ul><li>Net income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.</li><li>Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last 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{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\">\nLAIX Inc shares once soared 40% in pre-market trading<blockquote>LAIX Inc股价在盘前交易中一度飙升40%</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\">2021-05-27 16:14</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>LAIX Inc&nbsp;shares&nbsp;once&nbsp;soared&nbsp;40% in pre-market&nbsp;trading,after&nbsp;announcing First Quarter 2021 Unaudited Financial Results.</p><p><blockquote>在公布2021年第一季度未经审计的财务业绩后，LAIX Inc股价在盘前交易中一度飙升40%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/65815d67e0290ec2a066e3f3200d0ec8\" tg-width=\"1283\" tg-height=\"609\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>First Quarter 2021&nbsp;Financial and Operating Highlights</b></p><p><blockquote><b>2021年第一季度财务和运营摘要</b></blockquote></p><p><ul><li>Net income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.</li><li>Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last year.</li><li>Gross billings[1] for the first quarter of 2021 wereRMB154.4 million (US$23.6 million), a 9.8% decrease fromRMB171.1 million for the previous quarter and a 56.2% decrease fromRMB352.7 million for the same quarter last year.</li><li>Net revenues for the first quarter of 2021 wereRMB198.5 million (US$30.3 million), a 15.7% decrease fromRMB235.5 million for the previous quarter and a 13.0% decrease fromRMB228.3 million for the same quarter last year.</li><li>Sales and marketing expenses for the first quarter of 2021 wereRMB92.9 million (US$14.2 million), a 38.2% decrease fromRMB150.4 million for the previous quarter and a 64.9% decrease fromRMB264.7 million for the same quarter last year.</li><li>Operating cash outflow for the first quarter of 2021 wasRMB57.3 million (US$8.7 million), compared withRMB83.3 million for the previous quarter andRMB99.8 million for the same quarter last year.</li><li>Approximately 0.3 million paying users purchased the Company's courses and services for the first quarter of 2021, compared with approximately 0.4 million paying users for the previous quarter and approximately 0.9 million paying users for the same quarter last year, primarily attributable to the Company's stringent cost control in user acquisition expenditures.</li></ul></p><p><blockquote><ul><li>2021年第一季度净利润为人民币1220万元（190万美元），而上一季度净亏损为人民币3470万元，去年同期净亏损为人民币1.97亿元。</li><li>2021年第一季度毛利率为77.6%，上一季度为75.4%，去年同期为65.5%。</li><li>2021年第一季度的总收入[1]为1.544亿元人民币（2360万美元），比上一季度的1.711亿元人民币下降9.8%，比去年同期的3.527亿元人民币下降56.2%。</li><li>2021年第一季度净收入为1.985亿元人民币（3030万美元），比上一季度的2.355亿元人民币下降15.7%，比去年同期的2.283亿元人民币下降13.0%。</li><li>2021年第一季度的销售和营销费用为9290万元人民币（1420万美元），比上一季度的1.504亿元人民币下降38.2%，比去年同期的2.647亿元人民币下降64.9%。</li><li>2021年第一季度经营现金流出为人民币5730万元（870万美元），而上一季度为人民币8330万元，去年同期为人民币9980万元。</li><li>2021年第一季度，约有30万付费用户购买了公司的课程和服务，而上一季度的付费用户约为40万，去年同季度的付费用户约为90万，主要归因于公司在用户获取支出方面的严格成本控制。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183894964","content_text":"LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited Financial Results.First Quarter 2021 Financial and Operating HighlightsNet income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last year.Gross billings[1] for the first quarter of 2021 wereRMB154.4 million (US$23.6 million), a 9.8% decrease fromRMB171.1 million for the previous quarter and a 56.2% decrease fromRMB352.7 million for the same quarter last year.Net revenues for the first quarter of 2021 wereRMB198.5 million (US$30.3 million), a 15.7% decrease fromRMB235.5 million for the previous quarter and a 13.0% decrease fromRMB228.3 million for the same quarter last year.Sales and marketing expenses for the first quarter of 2021 wereRMB92.9 million (US$14.2 million), a 38.2% decrease fromRMB150.4 million for the previous quarter and a 64.9% decrease fromRMB264.7 million for the same quarter last year.Operating cash outflow for the first quarter of 2021 wasRMB57.3 million (US$8.7 million), compared withRMB83.3 million for the previous quarter andRMB99.8 million for the same quarter last year.Approximately 0.3 million paying users purchased the Company's courses and services for the first quarter of 2021, compared with approximately 0.4 million paying users for the previous quarter and approximately 0.9 million paying users for the same quarter last year, primarily attributable to the Company's stringent cost control in user acquisition 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Hehe thanks.","listText":"Please like and comment on my comment. Hehe thanks.","text":"Please like and comment on my comment. Hehe thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131157236","repostId":"2137827351","repostType":4,"isVote":1,"tweetType":1,"viewCount":1000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131352436,"gmtCreate":1621830332925,"gmtModify":1634186254852,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Bought the dip on ETH. #HODL","listText":"Bought the dip on ETH. #HODL","text":"Bought the dip on ETH. #HODL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131352436","repostId":"1191258854","repostType":4,"repost":{"id":"1191258854","kind":"news","pubTimestamp":1621818302,"share":"https://www.laohu8.com/m/news/1191258854?lang=zh_CN&edition=full","pubTime":"2021-05-24 09:05","market":"us","language":"en","title":"Crypto Is Crashing: Is Now the Time to Invest?<blockquote>加密货币正在崩溃：现在是投资的时候吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191258854","media":"Motley Fool","summary":"Should you buy when prices are lower?Cryptocurrency has always been volatile, but it's experienced q","content":"<p><b>Should you buy when prices are lower?</b>Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse.</p><p><blockquote><b>你应该在价格较低时购买吗？</b>加密货币一直不稳定，但在过去几个月里它经历了相当疯狂的旅程。在打破记录并达到惊人的高价后，加密货币急转直下。</blockquote></p><p><b>Bitcoin</b>(CRYPTO:BTC), which reached a high of around $65,000 per token last month, has fallen by more than 30% over the past 10 days, as of this writing. Other popular cryptocurrencies<b>Ethereum</b>(CRYPTO:ETH)and<b>Dogecoin</b>(CRYPTO:DOGE)are also down around 30% over the same time period.</p><p><blockquote><b>比特币</b>（加密货币：BTC）上个月达到了每代币65,000美元左右的高点，截至撰写本文时，在过去10天内下跌了30%以上。其他流行的加密货币<b>以太币</b>（加密货币：ETH）和<b>狗狗币</b>(CRYPTO：DOGE)同期也下降了约30%。</blockquote></p><p>Sometimes, market crashes are beneficial to investors because they're an opportunity to buy stocks at bargain prices. If you've been eager to invest in cryptocurrencies but are hesitant about the sky-high prices, a crypto crash could make them more affordable. But does that mean you should invest?</p><p><blockquote>有时，市场崩盘对投资者有利，因为这是一个以低价购买股票的机会。如果您一直渴望投资加密货币，但对天价犹豫不决，那么加密货币崩溃可能会让它们变得更实惠。但这是否意味着你应该投资？</blockquote></p><p><img src=\"https://static.tigerbbs.com/7a431fb4ba85bf22785c79c9d5e854fb\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p><b>Consider your tolerance for risk</b></p><p><blockquote><b>考虑您的风险承受能力</b></blockquote></p><p>The latest crypto crash is further proof of this sector's volatility. Considering cryptocurrency's history, a 30% drop is fairly mild. Bitcoin, for example, has fallen by more 80% on three separate occasions since 2012, according to data from Visual Capitalist.</p><p><blockquote>最近的加密货币崩盘进一步证明了该行业的波动性。考虑到加密货币的历史，30%的跌幅相当温和。例如，根据Visual Capitalist的数据，自2012年以来，比特币的股价已三次下跌超过80%。</blockquote></p><p>This year alone, Bitcoin has already experienced several steep drops. So this recent crash is par for the course -- and there will likely be many more crashes like this in the future.</p><p><blockquote>仅今年，比特币就已经经历了几次大幅下跌。因此，最近的这次崩溃是意料之中的——未来可能会有更多这样的崩溃。</blockquote></p><p><img src=\"https://static.tigerbbs.com/d201474a0a8330fe9548db7675270757\" tg-width=\"720\" tg-height=\"410\" referrerpolicy=\"no-referrer\">Before you invest in cryptocurrency, think about whether you can tolerate this level of risk. Although Bitcoin has always managed to bounce back from its slumps, there's no guarantee it will always recover.</p><p><blockquote>在你投资加密货币之前，想想你是否能承受这种程度的风险。尽管比特币总是设法从低迷中反弹，但不能保证它总是会复苏。</blockquote></p><p>If you know you're going to lose sleep when your investments plummet overnight, crypto may not be the best investment for you. But if you have the stomach for this type of turbulence, you may have the right personality for investing in crypto.</p><p><blockquote>如果您知道当您的投资一夜之间暴跌时您会失眠，那么加密货币可能不是您的最佳投资。但如果你喜欢这种类型的动荡，你可能有投资加密货币的合适个性。</blockquote></p><p><b>Choose your crypto carefully</b></p><p><blockquote><b>仔细选择您的加密货币</b></blockquote></p><p>If you decide to invest in cryptocurrency, buying when prices are lower may be a wise move. Especially if you're investing in a higher-priced currency like Bitcoin, you can get more for your money when buying during a downturn.</p><p><blockquote>如果你决定投资加密货币，在价格较低时买入可能是明智之举。特别是如果您投资的是比特币等价格较高的货币，那么在经济低迷时期购买时，您可以获得更多收益。</blockquote></p><p>Just be sure you've done your research before you invest. The fact that a cryptocurrency is more affordable doesn't necessarily mean it's a smart investment, so consider all your options before you buy. The goal is to buy investments you can hold for the long term, so make sure you're choosing the right cryptocurrency for you.</p><p><blockquote>只要确保你在投资前已经做了调查。加密货币更实惠的事实并不一定意味着它是一项明智的投资，因此在购买之前请考虑您的所有选择。目标是购买您可以长期持有的投资，因此请确保您选择了适合您的加密货币。</blockquote></p><p><img src=\"https://static.tigerbbs.com/bdae0dc3c25e26d6b12738f5eeb9a416\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p>Bitcoin is the biggest name in the crypto space, and it's also the oldest cryptocurrency. This gives it a leg up on the competition. However, it's an energy-intensive cryptocurrency, which poses environmental concerns. In fact,<b>Tesla</b>CEO Elon Musk recently announced that the company wouldno longer accept Bitcoinas a form of payment because of its environmental impact.</p><p><blockquote>比特币是加密领域最大的名字，也是最古老的加密货币。这使其在竞争中占据优势。然而，它是一种能源密集型加密货币，会带来环境问题。事实上，<b>特斯拉</b>首席执行官埃隆·马斯克最近宣布，由于比特币对环境的影响，该公司将不再接受比特币作为一种支付形式。</blockquote></p><p>Ether is the second-most popular cryptocurrency, and it uses the popular blockchain Ethereum -- which is also the blockchain behind non-fungible tokens (NFTs) anddecentralized finance. Because the Ethereum blockchain has a variety of uses, that gives it an advantage. In addition, developers are currently working on Ethereum 2.0, which will be more energy-efficient and environmentally friendly.</p><p><blockquote>以太币是第二受欢迎的加密货币，它使用流行的区块链以太币，这也是不可替代代币(NFT)和去中心化金融背后的区块链。因为以太币区块链有多种用途，这给了它一个优势。此外，目前开发商正在研究以太币2.0，它将更加节能环保。</blockquote></p><p>Dogecoin is one of theriskiest cryptocurrencies, and buying this particular token is more similar to gambling than true investing. If you do choose to go this route, be sure you make this decision carefully.</p><p><blockquote>狗狗币是风险最大的加密货币之一，购买这种特殊的代币更像是赌博，而不是真正的投资。如果你选择走这条路，一定要慎重做出决定。</blockquote></p><p>Regardless of which option you choose, only invest money you can afford to lose. Crypto is still a high-risk investment, even if it is more affordable right now. While cryptocurrency isn't right for everyone, if you've decided to invest, you can save some money by investing when prices are lower.</p><p><blockquote>无论你选择哪种方式，只投资你能承受损失的钱。加密仍然是一项高风险投资，即使它现在更实惠。虽然加密货币并不适合所有人，但如果你决定投资，你可以在价格较低时投资来节省一些钱。</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>Crypto Is Crashing: Is Now the Time to Invest?<blockquote>加密货币正在崩溃：现在是投资的时候吗？</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\">\nCrypto Is Crashing: Is Now the Time to Invest?<blockquote>加密货币正在崩溃：现在是投资的时候吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-05-24 09:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Should you buy when prices are lower?</b>Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse.</p><p><blockquote><b>你应该在价格较低时购买吗？</b>加密货币一直不稳定，但在过去几个月里它经历了相当疯狂的旅程。在打破记录并达到惊人的高价后，加密货币急转直下。</blockquote></p><p><b>Bitcoin</b>(CRYPTO:BTC), which reached a high of around $65,000 per token last month, has fallen by more than 30% over the past 10 days, as of this writing. Other popular cryptocurrencies<b>Ethereum</b>(CRYPTO:ETH)and<b>Dogecoin</b>(CRYPTO:DOGE)are also down around 30% over the same time period.</p><p><blockquote><b>比特币</b>（加密货币：BTC）上个月达到了每代币65,000美元左右的高点，截至撰写本文时，在过去10天内下跌了30%以上。其他流行的加密货币<b>以太币</b>（加密货币：ETH）和<b>狗狗币</b>(CRYPTO：DOGE)同期也下降了约30%。</blockquote></p><p>Sometimes, market crashes are beneficial to investors because they're an opportunity to buy stocks at bargain prices. If you've been eager to invest in cryptocurrencies but are hesitant about the sky-high prices, a crypto crash could make them more affordable. But does that mean you should invest?</p><p><blockquote>有时，市场崩盘对投资者有利，因为这是一个以低价购买股票的机会。如果您一直渴望投资加密货币，但对天价犹豫不决，那么加密货币崩溃可能会让它们变得更实惠。但这是否意味着你应该投资？</blockquote></p><p><img src=\"https://static.tigerbbs.com/7a431fb4ba85bf22785c79c9d5e854fb\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p><b>Consider your tolerance for risk</b></p><p><blockquote><b>考虑您的风险承受能力</b></blockquote></p><p>The latest crypto crash is further proof of this sector's volatility. Considering cryptocurrency's history, a 30% drop is fairly mild. Bitcoin, for example, has fallen by more 80% on three separate occasions since 2012, according to data from Visual Capitalist.</p><p><blockquote>最近的加密货币崩盘进一步证明了该行业的波动性。考虑到加密货币的历史，30%的跌幅相当温和。例如，根据Visual Capitalist的数据，自2012年以来，比特币的股价已三次下跌超过80%。</blockquote></p><p>This year alone, Bitcoin has already experienced several steep drops. So this recent crash is par for the course -- and there will likely be many more crashes like this in the future.</p><p><blockquote>仅今年，比特币就已经经历了几次大幅下跌。因此，最近的这次崩溃是意料之中的——未来可能会有更多这样的崩溃。</blockquote></p><p><img src=\"https://static.tigerbbs.com/d201474a0a8330fe9548db7675270757\" tg-width=\"720\" tg-height=\"410\" referrerpolicy=\"no-referrer\">Before you invest in cryptocurrency, think about whether you can tolerate this level of risk. Although Bitcoin has always managed to bounce back from its slumps, there's no guarantee it will always recover.</p><p><blockquote>在你投资加密货币之前，想想你是否能承受这种程度的风险。尽管比特币总是设法从低迷中反弹，但不能保证它总是会复苏。</blockquote></p><p>If you know you're going to lose sleep when your investments plummet overnight, crypto may not be the best investment for you. But if you have the stomach for this type of turbulence, you may have the right personality for investing in crypto.</p><p><blockquote>如果您知道当您的投资一夜之间暴跌时您会失眠，那么加密货币可能不是您的最佳投资。但如果你喜欢这种类型的动荡，你可能有投资加密货币的合适个性。</blockquote></p><p><b>Choose your crypto carefully</b></p><p><blockquote><b>仔细选择您的加密货币</b></blockquote></p><p>If you decide to invest in cryptocurrency, buying when prices are lower may be a wise move. Especially if you're investing in a higher-priced currency like Bitcoin, you can get more for your money when buying during a downturn.</p><p><blockquote>如果你决定投资加密货币，在价格较低时买入可能是明智之举。特别是如果您投资的是比特币等价格较高的货币，那么在经济低迷时期购买时，您可以获得更多收益。</blockquote></p><p>Just be sure you've done your research before you invest. The fact that a cryptocurrency is more affordable doesn't necessarily mean it's a smart investment, so consider all your options before you buy. The goal is to buy investments you can hold for the long term, so make sure you're choosing the right cryptocurrency for you.</p><p><blockquote>只要确保你在投资前已经做了调查。加密货币更实惠的事实并不一定意味着它是一项明智的投资，因此在购买之前请考虑您的所有选择。目标是购买您可以长期持有的投资，因此请确保您选择了适合您的加密货币。</blockquote></p><p><img src=\"https://static.tigerbbs.com/bdae0dc3c25e26d6b12738f5eeb9a416\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p>Bitcoin is the biggest name in the crypto space, and it's also the oldest cryptocurrency. This gives it a leg up on the competition. However, it's an energy-intensive cryptocurrency, which poses environmental concerns. In fact,<b>Tesla</b>CEO Elon Musk recently announced that the company wouldno longer accept Bitcoinas a form of payment because of its environmental impact.</p><p><blockquote>比特币是加密领域最大的名字，也是最古老的加密货币。这使其在竞争中占据优势。然而，它是一种能源密集型加密货币，会带来环境问题。事实上，<b>特斯拉</b>首席执行官埃隆·马斯克最近宣布，由于比特币对环境的影响，该公司将不再接受比特币作为一种支付形式。</blockquote></p><p>Ether is the second-most popular cryptocurrency, and it uses the popular blockchain Ethereum -- which is also the blockchain behind non-fungible tokens (NFTs) anddecentralized finance. Because the Ethereum blockchain has a variety of uses, that gives it an advantage. In addition, developers are currently working on Ethereum 2.0, which will be more energy-efficient and environmentally friendly.</p><p><blockquote>以太币是第二受欢迎的加密货币，它使用流行的区块链以太币，这也是不可替代代币(NFT)和去中心化金融背后的区块链。因为以太币区块链有多种用途，这给了它一个优势。此外，目前开发商正在研究以太币2.0，它将更加节能环保。</blockquote></p><p>Dogecoin is one of theriskiest cryptocurrencies, and buying this particular token is more similar to gambling than true investing. If you do choose to go this route, be sure you make this decision carefully.</p><p><blockquote>狗狗币是风险最大的加密货币之一，购买这种特殊的代币更像是赌博，而不是真正的投资。如果你选择走这条路，一定要慎重做出决定。</blockquote></p><p>Regardless of which option you choose, only invest money you can afford to lose. Crypto is still a high-risk investment, even if it is more affordable right now. While cryptocurrency isn't right for everyone, if you've decided to invest, you can save some money by investing when prices are lower.</p><p><blockquote>无论你选择哪种方式，只投资你能承受损失的钱。加密仍然是一项高风险投资，即使它现在更实惠。虽然加密货币并不适合所有人，但如果你决定投资，你可以在价格较低时投资来节省一些钱。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/05/23/crypto-is-crashing-is-now-the-time-to-invest/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale"},"source_url":"https://www.fool.com/investing/2021/05/23/crypto-is-crashing-is-now-the-time-to-invest/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191258854","content_text":"Should you buy when prices are lower?Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse.Bitcoin(CRYPTO:BTC), which reached a high of around $65,000 per token last month, has fallen by more than 30% over the past 10 days, as of this writing. Other popular cryptocurrenciesEthereum(CRYPTO:ETH)andDogecoin(CRYPTO:DOGE)are also down around 30% over the same time period.Sometimes, market crashes are beneficial to investors because they're an opportunity to buy stocks at bargain prices. If you've been eager to invest in cryptocurrencies but are hesitant about the sky-high prices, a crypto crash could make them more affordable. But does that mean you should invest?IMAGE SOURCE: GETTY IMAGES.Consider your tolerance for riskThe latest crypto crash is further proof of this sector's volatility. Considering cryptocurrency's history, a 30% drop is fairly mild. Bitcoin, for example, has fallen by more 80% on three separate occasions since 2012, according to data from Visual Capitalist.This year alone, Bitcoin has already experienced several steep drops. So this recent crash is par for the course -- and there will likely be many more crashes like this in the future.Before you invest in cryptocurrency, think about whether you can tolerate this level of risk. Although Bitcoin has always managed to bounce back from its slumps, there's no guarantee it will always recover.If you know you're going to lose sleep when your investments plummet overnight, crypto may not be the best investment for you. But if you have the stomach for this type of turbulence, you may have the right personality for investing in crypto.Choose your crypto carefullyIf you decide to invest in cryptocurrency, buying when prices are lower may be a wise move. Especially if you're investing in a higher-priced currency like Bitcoin, you can get more for your money when buying during a downturn.Just be sure you've done your research before you invest. The fact that a cryptocurrency is more affordable doesn't necessarily mean it's a smart investment, so consider all your options before you buy. The goal is to buy investments you can hold for the long term, so make sure you're choosing the right cryptocurrency for you.IMAGE SOURCE: GETTY IMAGES.Bitcoin is the biggest name in the crypto space, and it's also the oldest cryptocurrency. This gives it a leg up on the competition. However, it's an energy-intensive cryptocurrency, which poses environmental concerns. In fact,TeslaCEO Elon Musk recently announced that the company wouldno longer accept Bitcoinas a form of payment because of its environmental impact.Ether is the second-most popular cryptocurrency, and it uses the popular blockchain Ethereum -- which is also the blockchain behind non-fungible tokens (NFTs) anddecentralized finance. Because the Ethereum blockchain has a variety of uses, that gives it an advantage. In addition, developers are currently working on Ethereum 2.0, which will be more energy-efficient and environmentally friendly.Dogecoin is one of theriskiest cryptocurrencies, and buying this particular token is more similar to gambling than true investing. If you do choose to go this route, be sure you make this decision carefully.Regardless of which option you choose, only invest money you can afford to lose. Crypto is still a high-risk investment, even if it is more affordable right now. While cryptocurrency isn't right for everyone, if you've decided to invest, you can save some money by investing when prices are lower.","news_type":1,"symbols_score_info":{"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":763,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131034682,"gmtCreate":1621815982646,"gmtModify":1634186451166,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Please help to comment and like","listText":"Please help to comment and like","text":"Please help to comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/131034682","repostId":"1118150139","repostType":4,"isVote":1,"tweetType":1,"viewCount":942,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131035233,"gmtCreate":1621815941422,"gmtModify":1634186451988,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"&nbsp;Commented","listText":"&nbsp;Commented","text":"Commented","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131035233","repostId":"1196215338","repostType":4,"repost":{"id":"1196215338","kind":"news","pubTimestamp":1621815461,"share":"https://www.laohu8.com/m/news/1196215338?lang=zh_CN&edition=full","pubTime":"2021-05-24 08:17","market":"us","language":"en","title":"Morgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months<blockquote>摩根士丹利：以下是将主导未来6-12个月的4个“担忧”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1196215338","media":"zerohedge","summary":"By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley\nAll Gas, No Brakes\nThe weather in ","content":"<p><i>By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley</i></p><p><blockquote><i>作者：Andrew Sheets，摩根士丹利首席跨资产策略师</i></blockquote></p><p> <b>All Gas, No Brakes</b></p><p><blockquote><b>全油门，无刹车</b></blockquote></p><p> The weather in London this week has been rainy&nbsp;<i>while</i>&nbsp;sunny, which feels like a fair description of current sentiment, as we’ve been discussing our mid-year outlook with investors this week. There’s a&nbsp;<i>wide</i>&nbsp;range of views out there at the moment, with the noisiness of the data giving everyone something to hang their hat on. In short, it’s the perfect time to step back and debate the longer-term outlook.</p><p><blockquote>本周伦敦的天气一直在下雨<i>当</i>阳光明媚，这似乎是对当前情绪的公平描述，因为我们本周一直在与投资者讨论我们的年中前景。有一个<i>广泛的</i>目前的观点范围很广，嘈杂的数据给了每个人一些东西来挂帽子。简而言之，现在是退后一步讨论长期前景的最佳时机。</blockquote></p><p> The most notable aspect of our forecasts, and one of the most contentious areas of debate, is just how much&nbsp;our expectations differ from the prior decade.&nbsp;The post-GFC period was defined by fiscal austerity,&nbsp;<i>low</i>&nbsp;investment, a deleveraging consumer and central banks acting&nbsp;<i>pre-emptively</i>&nbsp;to choke off inflationary risk. Indeed,<b>for all that we associate ‘easy policy’ with the last cycle, the PBOC tightening in 2010, the ECB hiking in 2011 and the Fed hiking in 2015 were all aggressive&nbsp;</b><b><i>early</i></b><b>&nbsp;moves to nip inflation in the bud.</b></p><p><blockquote>我们预测中最值得注意的方面，也是最有争议的辩论领域之一，是我们的预期与前十年有多大不同。后全球金融危机时期的特点是财政紧缩，<i>低的</i>投资、去杠杆化的消费者和央行的行动<i>先发制人</i>抑制通胀风险。的确，<b>尽管我们将“宽松政策”与上一个周期联系在一起，但2010年中国人民银行的紧缩政策、2011年欧洲央行的加息政策和2015年美联储的加息政策都是激进的</b><b><i>早期的</i></b><b>将通货膨胀扼杀在萌芽状态的举措。</b></blockquote></p><p> <b>Our expectations this time around couldn’t be more different.</b>Fiscal policy is historically expansionary. The consumer in the US, Europe and China is in outstanding shape, with record levels of savings. We see a ‘red-hot capex cycle’ and public and private sector investment increasing. Global real rates are still near all-time lows. As my colleague Chetan Ahya noted in last week’s&nbsp;<i>Sunday Start</i>,<b>fiscal easing, cheap money, a strong consumer and more investment are four powerful cylinders in the proverbial economic engine.</b></p><p><blockquote><b>这一次我们的期望完全不同。</b>财政政策历来是扩张性的。美国、欧洲和中国的消费者状况良好，储蓄水平创历史新高。我们看到“炙手可热的资本支出周期”以及公共和私营部门投资的增加。全球实际利率仍接近历史低点。正如我的同事Chetan Ahya在上周的<i>周日开始</i>,<b>财政宽松、廉价资金、强劲的消费者和更多的投资是众所周知的经济引擎中的四个强大汽缸。</b></blockquote></p><p> But just as notable is the expected policy response. In the face of strong growth, we think that central banks remain unusually standoffish. For the Fed, it’s a focus on still-elevated unemployment, coupled with a recent commitment to average inflation targeting. For the ECB, it’s awareness of a long-running inflation undershoot and memories of the 2011 hikes. For China, it’s taking a more gradual approach to tightening than after the last downturn.</p><p><blockquote>但同样值得注意的是预期的政策反应。面对强劲的增长，我们认为各国央行仍然异常冷漠。对于美联储来说，这是对仍然居高不下的失业率的关注，以及最近对平均通胀目标的承诺。对于欧洲央行来说，这是对长期通胀低于预期的认识以及对2011年加息的记忆。对于中国来说，与上次经济低迷之后相比，它正在采取更加渐进的紧缩方式。</blockquote></p><p> <b>In short, it’s a global economy with a lot of gas and few brakes:</b>And if that is so, it means the risk case is different. After a decade where risk often skewed to the downside and the question was what new form of easing would central banks conjure up to fight weakness, the issue now is that growth is&nbsp;<i>good</i>. Hence<b>:</b></p><p><blockquote><b>简而言之，这是一个油门多、刹车少的全球经济：</b>如果是这样，这意味着风险情况不同。十年来，风险往往偏向下行，问题是央行会采取什么新形式的宽松政策来对抗疲软，现在的问题是增长<i>好的</i>.因此<b>：</b></blockquote></p><p> <ol>  <li><b>Will the recovery create inflation?</b></p><p><blockquote><ol><li><b>复苏会造成通货膨胀吗？</b></li></ol></blockquote></p><p></li>  <li><b>Will it alter central bank policy?</b></p><p><blockquote><li><b>它会改变央行政策吗？</b></li></blockquote></p><p></li>  <li><b>Will that lead to margin and tax pressures?</b></p><p><blockquote><li><b>这会导致利润和税收压力吗？</b></li></blockquote></p><p></li>  <li><b>And is good growth already in the price?</b></p><p><blockquote><li><b>良好的增长已经体现在价格上了吗？</b></li></blockquote></p><p></li> </ol> <i>If</i>&nbsp;these are the ‘worries’ that will dominate the next 6-12 months, they won’t apply evenly. For US equities and credit, as well as segments of EM, these concerns will be front and center. But for Europe (and Japan), the questions of excessive valuations, high inflation, a hawkish policy shift or new corporate taxes seem much more distant. Maybe this distinction is obvious, but we think that it still works to Europe’s advantage.</p><p><blockquote><i>如果</i>这些“担忧”将在未来6-12个月内占据主导地位，它们不会均匀地适用。对于美国股票和信贷以及新兴市场的各个部分来说，这些担忧将是最重要的。但对欧洲（和日本）来说，估值过高、通胀高企、鹰派政策转变或新公司税等问题似乎更加遥远。也许这种区别是显而易见的，但我们认为它仍然对欧洲有利。</blockquote></p><p> A hotter cycle could also mean a&nbsp;<i>shorter</i>&nbsp;cycle, and an unusually fast normalization of conditions. Such a scenario disadvantages credit. The asset class sees outstanding early-cycle, post-recession performance as growth recovers and companies focus on survival. But as things heat up, extra growth doesn’t mean any extra income from a corporate bond. On a cross-asset basis, credit underperforms on our new 12-month forecasts, and credit risk premiums look rich relative to other assets.<b>With a change in view from Srikanth Sankaran and our credit strategy team,&nbsp;we’ve downgraded credit&nbsp;to equal-weight.</b></p><p><blockquote>更热的周期也可能意味着<i>更短</i>周期，以及异常快速的条件正常化。这种情况不利于信贷。随着增长复苏和企业专注于生存，该资产类别在经济衰退后的早期周期表现出色。但随着事情的升温，额外的增长并不意味着公司债券的任何额外收入。在跨资产基础上，信贷表现低于我们新的12个月预测，相对于其他资产，信用风险溢价看起来很高。<b>随着Srikanth Sankaran和我们的信贷策略团队观点的改变，我们已将信贷评级下调至等权重。</b></blockquote></p><p> Finally, these forecasts invite an even more important&nbsp;<i>structural</i>&nbsp;question. Again, our expectations for strong fiscal, monetary and capital spending and consumer trends are&nbsp;<i>very</i>&nbsp;different from what prevailed over the last decade.<b>Will this mean an exit from the secular stagnation of the post-GFC mindset? If we are right, this should be an increasingly important debate.</b></p><p><blockquote>最后，这些预测邀请了一个更重要的<i>结构上的</i>问题。同样，我们对强劲的财政、货币和资本支出以及消费趋势的预期是<i>非常</i>与过去十年的情况不同。<b>这是否意味着摆脱后全球金融危机心态的长期停滞？如果我们是对的，这应该是一场越来越重要的辩论。</b></blockquote></p><p> As we’ve told this story over the last week, opinions, like the weather, have been mixed. We’ve talked to plenty of investors who think it’s finally Europe’s time to shine, and plenty of others who worry it will remain a serial disappointment.<b>One investor described our expectation that the Fed doesn’t hike until 3Q23 as ‘what the Fed wants to do, not what it will do’, while another thought the Fed wouldn’t be able to complete tapering, given market sensitivity to real rates.</b></p><p><blockquote>正如我们上周讲述的这个故事，就像天气一样，意见不一。我们与许多投资者进行了交谈，他们认为欧洲终于到了大放异彩的时候，也有许多其他人担心欧洲仍将令人失望。<b>一位投资者将我们对美联储在2023年第三季度之前不会加息的预期描述为“美联储想做什么，而不是它将做什么”，而另一位投资者则认为，鉴于市场对实际利率的敏感性，美联储将无法完成缩减规模。</b></blockquote></p><p></p><p> Opinion on the big picture is similarly divided.<b>Indeed, the current debate reminds me quite a bit of 2010, when there was a sharp division between those who expected a rapid return of pre-crisis conditions (higher rates, EM leadership), and those who thought otherwise.</b>As growth and inflation pick up, we expect a trickier summer, but also an ongoing debate around these larger issues. Rain during sunshine could be something we need to get used to.</p><p><blockquote>对大局的看法也同样存在分歧。<b>事实上，当前的辩论让我想起了2010年，当时那些期待危机前状况（利率上升、新兴市场领导地位）迅速恢复的人和那些不这么认为的人之间存在着尖锐的分歧。</b>随着增长和通胀回升，我们预计夏季将更加棘手，但围绕这些更大问题的辩论也将持续。阳光下的雨可能是我们需要习惯的事情。</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>Morgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months<blockquote>摩根士丹利：以下是将主导未来6-12个月的4个“担忧”</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\">\nMorgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months<blockquote>摩根士丹利：以下是将主导未来6-12个月的4个“担忧”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-05-24 08:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley</i></p><p><blockquote><i>作者：Andrew Sheets，摩根士丹利首席跨资产策略师</i></blockquote></p><p> <b>All Gas, No Brakes</b></p><p><blockquote><b>全油门，无刹车</b></blockquote></p><p> The weather in London this week has been rainy&nbsp;<i>while</i>&nbsp;sunny, which feels like a fair description of current sentiment, as we’ve been discussing our mid-year outlook with investors this week. There’s a&nbsp;<i>wide</i>&nbsp;range of views out there at the moment, with the noisiness of the data giving everyone something to hang their hat on. In short, it’s the perfect time to step back and debate the longer-term outlook.</p><p><blockquote>本周伦敦的天气一直在下雨<i>当</i>阳光明媚，这似乎是对当前情绪的公平描述，因为我们本周一直在与投资者讨论我们的年中前景。有一个<i>广泛的</i>目前的观点范围很广，嘈杂的数据给了每个人一些东西来挂帽子。简而言之，现在是退后一步讨论长期前景的最佳时机。</blockquote></p><p> The most notable aspect of our forecasts, and one of the most contentious areas of debate, is just how much&nbsp;our expectations differ from the prior decade.&nbsp;The post-GFC period was defined by fiscal austerity,&nbsp;<i>low</i>&nbsp;investment, a deleveraging consumer and central banks acting&nbsp;<i>pre-emptively</i>&nbsp;to choke off inflationary risk. Indeed,<b>for all that we associate ‘easy policy’ with the last cycle, the PBOC tightening in 2010, the ECB hiking in 2011 and the Fed hiking in 2015 were all aggressive&nbsp;</b><b><i>early</i></b><b>&nbsp;moves to nip inflation in the bud.</b></p><p><blockquote>我们预测中最值得注意的方面，也是最有争议的辩论领域之一，是我们的预期与前十年有多大不同。后全球金融危机时期的特点是财政紧缩，<i>低的</i>投资、去杠杆化的消费者和央行的行动<i>先发制人</i>抑制通胀风险。的确，<b>尽管我们将“宽松政策”与上一个周期联系在一起，但2010年中国人民银行的紧缩政策、2011年欧洲央行的加息政策和2015年美联储的加息政策都是激进的</b><b><i>早期的</i></b><b>将通货膨胀扼杀在萌芽状态的举措。</b></blockquote></p><p> <b>Our expectations this time around couldn’t be more different.</b>Fiscal policy is historically expansionary. The consumer in the US, Europe and China is in outstanding shape, with record levels of savings. We see a ‘red-hot capex cycle’ and public and private sector investment increasing. Global real rates are still near all-time lows. As my colleague Chetan Ahya noted in last week’s&nbsp;<i>Sunday Start</i>,<b>fiscal easing, cheap money, a strong consumer and more investment are four powerful cylinders in the proverbial economic engine.</b></p><p><blockquote><b>这一次我们的期望完全不同。</b>财政政策历来是扩张性的。美国、欧洲和中国的消费者状况良好，储蓄水平创历史新高。我们看到“炙手可热的资本支出周期”以及公共和私营部门投资的增加。全球实际利率仍接近历史低点。正如我的同事Chetan Ahya在上周的<i>周日开始</i>,<b>财政宽松、廉价资金、强劲的消费者和更多的投资是众所周知的经济引擎中的四个强大汽缸。</b></blockquote></p><p> But just as notable is the expected policy response. In the face of strong growth, we think that central banks remain unusually standoffish. For the Fed, it’s a focus on still-elevated unemployment, coupled with a recent commitment to average inflation targeting. For the ECB, it’s awareness of a long-running inflation undershoot and memories of the 2011 hikes. For China, it’s taking a more gradual approach to tightening than after the last downturn.</p><p><blockquote>但同样值得注意的是预期的政策反应。面对强劲的增长，我们认为各国央行仍然异常冷漠。对于美联储来说，这是对仍然居高不下的失业率的关注，以及最近对平均通胀目标的承诺。对于欧洲央行来说，这是对长期通胀低于预期的认识以及对2011年加息的记忆。对于中国来说，与上次经济低迷之后相比，它正在采取更加渐进的紧缩方式。</blockquote></p><p> <b>In short, it’s a global economy with a lot of gas and few brakes:</b>And if that is so, it means the risk case is different. After a decade where risk often skewed to the downside and the question was what new form of easing would central banks conjure up to fight weakness, the issue now is that growth is&nbsp;<i>good</i>. Hence<b>:</b></p><p><blockquote><b>简而言之，这是一个油门多、刹车少的全球经济：</b>如果是这样，这意味着风险情况不同。十年来，风险往往偏向下行，问题是央行会采取什么新形式的宽松政策来对抗疲软，现在的问题是增长<i>好的</i>.因此<b>：</b></blockquote></p><p> <ol>  <li><b>Will the recovery create inflation?</b></p><p><blockquote><ol><li><b>复苏会造成通货膨胀吗？</b></li></ol></blockquote></p><p></li>  <li><b>Will it alter central bank policy?</b></p><p><blockquote><li><b>它会改变央行政策吗？</b></li></blockquote></p><p></li>  <li><b>Will that lead to margin and tax pressures?</b></p><p><blockquote><li><b>这会导致利润和税收压力吗？</b></li></blockquote></p><p></li>  <li><b>And is good growth already in the price?</b></p><p><blockquote><li><b>良好的增长已经体现在价格上了吗？</b></li></blockquote></p><p></li> </ol> <i>If</i>&nbsp;these are the ‘worries’ that will dominate the next 6-12 months, they won’t apply evenly. For US equities and credit, as well as segments of EM, these concerns will be front and center. But for Europe (and Japan), the questions of excessive valuations, high inflation, a hawkish policy shift or new corporate taxes seem much more distant. Maybe this distinction is obvious, but we think that it still works to Europe’s advantage.</p><p><blockquote><i>如果</i>这些“担忧”将在未来6-12个月内占据主导地位，它们不会均匀地适用。对于美国股票和信贷以及新兴市场的各个部分来说，这些担忧将是最重要的。但对欧洲（和日本）来说，估值过高、通胀高企、鹰派政策转变或新公司税等问题似乎更加遥远。也许这种区别是显而易见的，但我们认为它仍然对欧洲有利。</blockquote></p><p> A hotter cycle could also mean a&nbsp;<i>shorter</i>&nbsp;cycle, and an unusually fast normalization of conditions. Such a scenario disadvantages credit. The asset class sees outstanding early-cycle, post-recession performance as growth recovers and companies focus on survival. But as things heat up, extra growth doesn’t mean any extra income from a corporate bond. On a cross-asset basis, credit underperforms on our new 12-month forecasts, and credit risk premiums look rich relative to other assets.<b>With a change in view from Srikanth Sankaran and our credit strategy team,&nbsp;we’ve downgraded credit&nbsp;to equal-weight.</b></p><p><blockquote>更热的周期也可能意味着<i>更短</i>周期，以及异常快速的条件正常化。这种情况不利于信贷。随着增长复苏和企业专注于生存，该资产类别在经济衰退后的早期周期表现出色。但随着事情的升温，额外的增长并不意味着公司债券的任何额外收入。在跨资产基础上，信贷表现低于我们新的12个月预测，相对于其他资产，信用风险溢价看起来很高。<b>随着Srikanth Sankaran和我们的信贷策略团队观点的改变，我们已将信贷评级下调至等权重。</b></blockquote></p><p> Finally, these forecasts invite an even more important&nbsp;<i>structural</i>&nbsp;question. Again, our expectations for strong fiscal, monetary and capital spending and consumer trends are&nbsp;<i>very</i>&nbsp;different from what prevailed over the last decade.<b>Will this mean an exit from the secular stagnation of the post-GFC mindset? If we are right, this should be an increasingly important debate.</b></p><p><blockquote>最后，这些预测邀请了一个更重要的<i>结构上的</i>问题。同样，我们对强劲的财政、货币和资本支出以及消费趋势的预期是<i>非常</i>与过去十年的情况不同。<b>这是否意味着摆脱后全球金融危机心态的长期停滞？如果我们是对的，这应该是一场越来越重要的辩论。</b></blockquote></p><p> As we’ve told this story over the last week, opinions, like the weather, have been mixed. We’ve talked to plenty of investors who think it’s finally Europe’s time to shine, and plenty of others who worry it will remain a serial disappointment.<b>One investor described our expectation that the Fed doesn’t hike until 3Q23 as ‘what the Fed wants to do, not what it will do’, while another thought the Fed wouldn’t be able to complete tapering, given market sensitivity to real rates.</b></p><p><blockquote>正如我们上周讲述的这个故事，就像天气一样，意见不一。我们与许多投资者进行了交谈，他们认为欧洲终于到了大放异彩的时候，也有许多其他人担心欧洲仍将令人失望。<b>一位投资者将我们对美联储在2023年第三季度之前不会加息的预期描述为“美联储想做什么，而不是它将做什么”，而另一位投资者则认为，鉴于市场对实际利率的敏感性，美联储将无法完成缩减规模。</b></blockquote></p><p></p><p> Opinion on the big picture is similarly divided.<b>Indeed, the current debate reminds me quite a bit of 2010, when there was a sharp division between those who expected a rapid return of pre-crisis conditions (higher rates, EM leadership), and those who thought otherwise.</b>As growth and inflation pick up, we expect a trickier summer, but also an ongoing debate around these larger issues. Rain during sunshine could be something we need to get used to.</p><p><blockquote>对大局的看法也同样存在分歧。<b>事实上，当前的辩论让我想起了2010年，当时那些期待危机前状况（利率上升、新兴市场领导地位）迅速恢复的人和那些不这么认为的人之间存在着尖锐的分歧。</b>随着增长和通胀回升，我们预计夏季将更加棘手，但围绕这些更大问题的辩论也将持续。阳光下的雨可能是我们需要习惯的事情。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/morgan-stanley-here-are-4-worries-will-dominate-next-6-12-months\">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":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/morgan-stanley-here-are-4-worries-will-dominate-next-6-12-months","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196215338","content_text":"By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley\nAll Gas, No Brakes\nThe weather in London this week has been rainy while sunny, which feels like a fair description of current sentiment, as we’ve been discussing our mid-year outlook with investors this week. There’s a wide range of views out there at the moment, with the noisiness of the data giving everyone something to hang their hat on. In short, it’s the perfect time to step back and debate the longer-term outlook.\nThe most notable aspect of our forecasts, and one of the most contentious areas of debate, is just how much our expectations differ from the prior decade. The post-GFC period was defined by fiscal austerity, low investment, a deleveraging consumer and central banks acting pre-emptively to choke off inflationary risk. Indeed,for all that we associate ‘easy policy’ with the last cycle, the PBOC tightening in 2010, the ECB hiking in 2011 and the Fed hiking in 2015 were all aggressive early moves to nip inflation in the bud.\nOur expectations this time around couldn’t be more different.Fiscal policy is historically expansionary. The consumer in the US, Europe and China is in outstanding shape, with record levels of savings. We see a ‘red-hot capex cycle’ and public and private sector investment increasing. Global real rates are still near all-time lows. As my colleague Chetan Ahya noted in last week’s Sunday Start,fiscal easing, cheap money, a strong consumer and more investment are four powerful cylinders in the proverbial economic engine.\nBut just as notable is the expected policy response. In the face of strong growth, we think that central banks remain unusually standoffish. For the Fed, it’s a focus on still-elevated unemployment, coupled with a recent commitment to average inflation targeting. For the ECB, it’s awareness of a long-running inflation undershoot and memories of the 2011 hikes. For China, it’s taking a more gradual approach to tightening than after the last downturn.\nIn short, it’s a global economy with a lot of gas and few brakes:And if that is so, it means the risk case is different. After a decade where risk often skewed to the downside and the question was what new form of easing would central banks conjure up to fight weakness, the issue now is that growth is good. Hence:\n\nWill the recovery create inflation?\nWill it alter central bank policy?\nWill that lead to margin and tax pressures?\nAnd is good growth already in the price?\n\nIf these are the ‘worries’ that will dominate the next 6-12 months, they won’t apply evenly. For US equities and credit, as well as segments of EM, these concerns will be front and center. But for Europe (and Japan), the questions of excessive valuations, high inflation, a hawkish policy shift or new corporate taxes seem much more distant. Maybe this distinction is obvious, but we think that it still works to Europe’s advantage.\nA hotter cycle could also mean a shorter cycle, and an unusually fast normalization of conditions. Such a scenario disadvantages credit. The asset class sees outstanding early-cycle, post-recession performance as growth recovers and companies focus on survival. But as things heat up, extra growth doesn’t mean any extra income from a corporate bond. On a cross-asset basis, credit underperforms on our new 12-month forecasts, and credit risk premiums look rich relative to other assets.With a change in view from Srikanth Sankaran and our credit strategy team, we’ve downgraded credit to equal-weight.\nFinally, these forecasts invite an even more important structural question. Again, our expectations for strong fiscal, monetary and capital spending and consumer trends are very different from what prevailed over the last decade.Will this mean an exit from the secular stagnation of the post-GFC mindset? If we are right, this should be an increasingly important debate.\nAs we’ve told this story over the last week, opinions, like the weather, have been mixed. We’ve talked to plenty of investors who think it’s finally Europe’s time to shine, and plenty of others who worry it will remain a serial disappointment.One investor described our expectation that the Fed doesn’t hike until 3Q23 as ‘what the Fed wants to do, not what it will do’, while another thought the Fed wouldn’t be able to complete tapering, given market sensitivity to real rates.\nOpinion on the big picture is similarly divided.Indeed, the current debate reminds me quite a bit of 2010, when there was a sharp division between those who expected a rapid return of pre-crisis conditions (higher rates, EM leadership), and those who thought otherwise.As growth and inflation pick up, we expect a trickier summer, but also an ongoing debate around these larger issues. Rain during sunshine could be something we need to get used to.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":826,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139106243,"gmtCreate":1621597510482,"gmtModify":1634187780505,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"I’m going to buy this stock when the stock market crashes. [Cool]&nbsp;","listText":"I’m going to buy this stock when the stock market crashes. [Cool]&nbsp;","text":"I’m going to buy this stock when the stock market crashes. [Cool]","images":[{"img":"https://static.tigerbbs.com/8e51b937f4ca5244967d806c70aa4c29","width":"1125","height":"2425"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139106243","isVote":1,"tweetType":1,"viewCount":809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":139108433,"gmtCreate":1621597439222,"gmtModify":1634187780727,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"I smell $TSLA","listText":"I smell $TSLA","text":"I smell $TSLA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139108433","repostId":"1139572292","repostType":4,"repost":{"id":"1139572292","kind":"news","pubTimestamp":1621587045,"share":"https://www.laohu8.com/m/news/1139572292?lang=zh_CN&edition=full","pubTime":"2021-05-21 16:50","market":"us","language":"en","title":"California Says Most Uber, Lyft Trips Must Transition to EVs This Decade<blockquote>加州表示，本十年大多数优步和Lyft出行必须过渡到电动汽车</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1139572292","media":"Barrons","summary":"California is the first state in the nation to require that nearly all the miles traveled by ride-ha","content":"<p>California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take place in electric vehicles by 2030.</p><p><blockquote>加州是美国第一个要求到2030年网约车司机几乎所有行驶里程都使用电动汽车的州。</blockquote></p><p> The California Air Resources Board on Thursday approved the new rules, which means Uber (ticker: UBER)&nbsp;and Lyft (LYFT) will need to ensure that most of their drivers transition to EVs in&nbsp;this decade. The next step is for the California Public Utilities Commission to finalize how the rules will be implemented.</p><p><blockquote>加州空气资源委员会周四批准了新规则，这意味着优步（股票代码：UBER）和Lyft（Lyft）将需要确保他们的大多数司机在这十年内过渡到电动汽车。下一步是加州公用事业委员会最终确定如何实施这些规则。</blockquote></p><p> The remaining question is who will pay. Despite their approval of the measure, the board members said Thursday they are extremely concerned about low-income drivers having to bear the majority of the costs and expressed the need to continue to collect information on how this will affect them.</p><p><blockquote>剩下的问题是谁来买单。尽管他们批准了这项措施，但董事会成员周四表示，他们非常担心低收入司机不得不承担大部分费用，并表示需要继续收集有关这将如何影响他们的信息。</blockquote></p><p> Uber and Lyft consider their drivers independent contractors, and the drivers own or rent their vehicles. The companies, which are unprofitable but valued at billions of dollars, want the state to share the costs by providing incentives. The bill, as estimated by the Union of Concerned Scientists, could total $1.73 billion, which it also forecast could cost the companies 4 cents a mile.</p><p><blockquote>优步和Lyft认为他们的司机是独立承包商，司机拥有或租赁他们的车辆。这些公司没有盈利，但价值数十亿美元，希望国家通过提供激励来分担成本。据忧思科学家联盟估计，该法案总额可能为17.3亿美元，它还预测这可能会使公司每英里损失4美分。</blockquote></p><p> “Yes, drivers own their vehicles, but they’re operating on these platforms that are generating extra emissions,” said Elizabeth Irvin, senior transportation analyst for the Clean Transportation program at the Union of Concerned Scientists, in an interview before the vote. “It’s critical that [the companies] do their part.”</p><p><blockquote>忧思科学家联盟清洁交通项目高级交通分析师伊丽莎白·欧文在投票前接受采访时表示：“是的，司机拥有自己的车辆，但他们在这些平台上运营，会产生额外的排放。”“[公司]尽自己的一份力量至关重要。”</blockquote></p><p> CARB member Nathan Fletcher said during the discussion before the vote that “We don’t have a mechanism to ensure that this doesn’t just get passed down to the drivers.” He added that “an industry based on labor exploitation will be asking for subsidies to address the environmental impacts that they’re profiting from.”</p><p><blockquote>CARB成员内森·弗莱彻(Nathan Fletcher)在投票前的讨论中表示，“我们没有机制来确保这不会只传递给司机。”他补充说，“一个基于劳动力剥削的行业将要求补贴，以解决他们从中获利的环境影响。”</blockquote></p><p> All other CARB members who were present for the vote echoed those concerns.</p><p><blockquote>出席投票的所有其他CARB成员都表达了这些担忧。</blockquote></p><p> “I’d be remiss if I didn’t mention how Proposition 22 has worked out in making sure drivers are protected,” said Davina Hurt, referring to continuing concerns that ride-hailing drivers are not adequately compensated or protected after&nbsp;California voters approved in November the ballot initiative&nbsp;that allows Uber, Lyft and other gig companies to continue classifying their workers as independent contractors.</p><p><blockquote>达维娜·赫特(Davina Hurt)表示：“如果我不提及22号提案在确保司机受到保护方面的效果，那就是我的失职。”她指的是加州选民批准后，人们对网约车司机没有得到足够的补偿或保护的持续担忧。11月的投票倡议允许Uber、Lyft和其他零工公司继续将其员工归类为独立承包商。</blockquote></p><p> The drivers—who are mostly low-income, as the companies themselves say—may not be able to afford to switch to EVs on their own. Electric vehicles remain more expensive than their gas-powered counterparts.</p><p><blockquote>正如这些公司自己所说，这些司机大多是低收入的，他们可能无力独自转向电动汽车。电动汽车仍然比汽油动力汽车贵。</blockquote></p><p> “Can a driver afford to own any car, is my question,” Nicole Moore, a Los Angeles-based driver and worker organizer with Rideshare Drivers&nbsp;United, told MarketWatch. Moore said many drivers are struggling to earn enough money to pay for basics like rent and food.</p><p><blockquote>“我的问题是，司机能否买得起任何汽车，”洛杉矶拼车司机联合会的司机和工人组织者妮可·摩尔(Nicole Moore)告诉MarketWatch。摩尔说，许多司机正在努力赚取足够的钱来支付房租和食物等基本费用。</blockquote></p><p> “In the end, the way the state of California—and voters—are allowing these companies to operate, there is no way we can afford electric vehicles,” she said.</p><p><blockquote>“最终，根据加利福尼亚州和选民允许这些公司运营的方式，我们不可能买得起电动汽车，”她说。</blockquote></p><p> The clean-miles standard approved by CARB was enacted in response to legislation passed in 2018, and calls for 90% of ride-hailing miles to take place in EVs by 2030. That is actually slightly less ambitious than the goals Uber and Lyft announced last year of 100% of rides in EVs by 2030.</p><p><blockquote>CARB批准的清洁里程标准是为了响应2018年通过的立法而制定的，评级是到2030年电动汽车将占90%的叫车里程。这实际上比Uber和Lyft去年宣布的到2030年电动汽车出行比例100%的目标略低。</blockquote></p><p> The companies are pushing for government subsidies to reach those electrification goals. Uber says ride-hailing emissions make up a tiny fraction of emissions—about 1% of all vehicle miles traveled by light-duty vehicles in the state—but CARB finds that because ride-hailing drivers spend a lot of time in their vehicles without passengers, they produce a disproportionate amount of emissions compared with other fleets.</p><p><blockquote>这些公司正在推动政府补贴以实现这些电气化目标。Uber表示，网约车排放仅占排放量的一小部分——约占该州轻型车辆行驶里程的1%——但CARB发现，由于网约车司机在没有乘客的情况下花了很多时间在车内，与其他车队相比，它们产生的排放量不成比例。</blockquote></p><p> Uber also says it’s doing its part by committing $800 million toward helping drivers get into EVs. Lyft points to a program that allows its drivers to rent EVs, and is exploring other ways it can help, including providing direct incentives. But both companies are calling for existing government incentive or rebate programs, or for the creation of new programs, to help ride-hailing drivers get into electric vehicles.</p><p><blockquote>Uber还表示，它正在尽自己的一份力量，承诺投入8亿美元帮助司机使用电动汽车。Lyft指出了一项允许司机租赁电动汽车的计划，并正在探索其他可以提供帮助的方式，包括提供直接激励。但两家公司都呼吁现有的政府激励或回扣计划，或创建新的计划，以帮助网约车司机使用电动汽车。</blockquote></p><p> “We take a sober look at financial barriers for drivers,” said Adam Gromis, Uber’s global head of sustainability, during discussion before the vote. Like Lyft, he mentioned the need for credits and incentive programs.</p><p><blockquote>Uber全球可持续发展主管亚当·格罗米斯(Adam Gromis)在投票前的讨论中表示：“我们冷静地看待司机面临的财务障碍。”和Lyft一样，他提到了信贷和激励计划的必要性。</blockquote></p><p> “We need to ensure that there is minimal negative impact on low-income drivers,” said Paul Augustine, an executive on the sustainability team at Lyft. “We need to work together.”</p><p><blockquote>“我们需要确保对低收入司机的负面影响最小，”Lyft可持续发展团队高管保罗·奥古斯丁(Paul Augustine)表示。“我们需要共同努力。”</blockquote></p><p> Included in the new standards are credits for TNCs related to investments toward infrastructure, or for transit rides booked through their apps, although some board members weren’t so supportive of credits for Uber and Lyft at all.</p><p><blockquote>新标准中包括与基础设施投资相关的跨国公司的积分，或通过其应用程序预订的交通乘车的积分，尽管一些董事会成员根本不支持优步和Lyft的积分。</blockquote></p><p></p><p> “Credits aren’t necessary for companies that can spend $200M on a proposition to avoid supporting their drivers,” Diane Takvorian said, referring to how much gig companies, including Uber and Lyft, spent to support the passage of Prop. 22.</p><p><blockquote>黛安·塔克沃里安(Diane Takvorian)表示：“对于那些能够在一项提案上花费2亿美元来避免支持司机的公司来说，信贷是不必要的。”她指的是包括Uber和Lyft在内的零工公司为支持Prop的通过花费了多少钱。22.</blockquote></p><p> The board members weren’t the only ones calling for Uber and Lyft to bear the costs of electrifying their ride-hailing fleets. Representatives of environmental groups also spoke up before the vote and urged the same thing.</p><p><blockquote>董事会成员并不是唯一呼吁优步和Lyft承担其网约车车队电气化成本的人。环保团体的代表也在投票前发言，敦促做同样的事情。</blockquote></p><p> “These companies must and absolutely can pay, not drivers,” said Sam Appel of the BlueGreen Alliance. “They are well-capitalized to do so.”</p><p><blockquote>蓝绿联盟的萨姆·阿佩尔说：“这些公司必须而且绝对有能力付费，而不是司机。”“他们有充足的资本来做到这一点。”</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>California Says Most Uber, Lyft Trips Must Transition to EVs This Decade<blockquote>加州表示，本十年大多数优步和Lyft出行必须过渡到电动汽车</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\">\nCalifornia Says Most Uber, Lyft Trips Must Transition to EVs This Decade<blockquote>加州表示，本十年大多数优步和Lyft出行必须过渡到电动汽车</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-05-21 16:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take place in electric vehicles by 2030.</p><p><blockquote>加州是美国第一个要求到2030年网约车司机几乎所有行驶里程都使用电动汽车的州。</blockquote></p><p> The California Air Resources Board on Thursday approved the new rules, which means Uber (ticker: UBER)&nbsp;and Lyft (LYFT) will need to ensure that most of their drivers transition to EVs in&nbsp;this decade. The next step is for the California Public Utilities Commission to finalize how the rules will be implemented.</p><p><blockquote>加州空气资源委员会周四批准了新规则，这意味着优步（股票代码：UBER）和Lyft（Lyft）将需要确保他们的大多数司机在这十年内过渡到电动汽车。下一步是加州公用事业委员会最终确定如何实施这些规则。</blockquote></p><p> The remaining question is who will pay. Despite their approval of the measure, the board members said Thursday they are extremely concerned about low-income drivers having to bear the majority of the costs and expressed the need to continue to collect information on how this will affect them.</p><p><blockquote>剩下的问题是谁来买单。尽管他们批准了这项措施，但董事会成员周四表示，他们非常担心低收入司机不得不承担大部分费用，并表示需要继续收集有关这将如何影响他们的信息。</blockquote></p><p> Uber and Lyft consider their drivers independent contractors, and the drivers own or rent their vehicles. The companies, which are unprofitable but valued at billions of dollars, want the state to share the costs by providing incentives. The bill, as estimated by the Union of Concerned Scientists, could total $1.73 billion, which it also forecast could cost the companies 4 cents a mile.</p><p><blockquote>优步和Lyft认为他们的司机是独立承包商，司机拥有或租赁他们的车辆。这些公司没有盈利，但价值数十亿美元，希望国家通过提供激励来分担成本。据忧思科学家联盟估计，该法案总额可能为17.3亿美元，它还预测这可能会使公司每英里损失4美分。</blockquote></p><p> “Yes, drivers own their vehicles, but they’re operating on these platforms that are generating extra emissions,” said Elizabeth Irvin, senior transportation analyst for the Clean Transportation program at the Union of Concerned Scientists, in an interview before the vote. “It’s critical that [the companies] do their part.”</p><p><blockquote>忧思科学家联盟清洁交通项目高级交通分析师伊丽莎白·欧文在投票前接受采访时表示：“是的，司机拥有自己的车辆，但他们在这些平台上运营，会产生额外的排放。”“[公司]尽自己的一份力量至关重要。”</blockquote></p><p> CARB member Nathan Fletcher said during the discussion before the vote that “We don’t have a mechanism to ensure that this doesn’t just get passed down to the drivers.” He added that “an industry based on labor exploitation will be asking for subsidies to address the environmental impacts that they’re profiting from.”</p><p><blockquote>CARB成员内森·弗莱彻(Nathan Fletcher)在投票前的讨论中表示，“我们没有机制来确保这不会只传递给司机。”他补充说，“一个基于劳动力剥削的行业将要求补贴，以解决他们从中获利的环境影响。”</blockquote></p><p> All other CARB members who were present for the vote echoed those concerns.</p><p><blockquote>出席投票的所有其他CARB成员都表达了这些担忧。</blockquote></p><p> “I’d be remiss if I didn’t mention how Proposition 22 has worked out in making sure drivers are protected,” said Davina Hurt, referring to continuing concerns that ride-hailing drivers are not adequately compensated or protected after&nbsp;California voters approved in November the ballot initiative&nbsp;that allows Uber, Lyft and other gig companies to continue classifying their workers as independent contractors.</p><p><blockquote>达维娜·赫特(Davina Hurt)表示：“如果我不提及22号提案在确保司机受到保护方面的效果，那就是我的失职。”她指的是加州选民批准后，人们对网约车司机没有得到足够的补偿或保护的持续担忧。11月的投票倡议允许Uber、Lyft和其他零工公司继续将其员工归类为独立承包商。</blockquote></p><p> The drivers—who are mostly low-income, as the companies themselves say—may not be able to afford to switch to EVs on their own. Electric vehicles remain more expensive than their gas-powered counterparts.</p><p><blockquote>正如这些公司自己所说，这些司机大多是低收入的，他们可能无力独自转向电动汽车。电动汽车仍然比汽油动力汽车贵。</blockquote></p><p> “Can a driver afford to own any car, is my question,” Nicole Moore, a Los Angeles-based driver and worker organizer with Rideshare Drivers&nbsp;United, told MarketWatch. Moore said many drivers are struggling to earn enough money to pay for basics like rent and food.</p><p><blockquote>“我的问题是，司机能否买得起任何汽车，”洛杉矶拼车司机联合会的司机和工人组织者妮可·摩尔(Nicole Moore)告诉MarketWatch。摩尔说，许多司机正在努力赚取足够的钱来支付房租和食物等基本费用。</blockquote></p><p> “In the end, the way the state of California—and voters—are allowing these companies to operate, there is no way we can afford electric vehicles,” she said.</p><p><blockquote>“最终，根据加利福尼亚州和选民允许这些公司运营的方式，我们不可能买得起电动汽车，”她说。</blockquote></p><p> The clean-miles standard approved by CARB was enacted in response to legislation passed in 2018, and calls for 90% of ride-hailing miles to take place in EVs by 2030. That is actually slightly less ambitious than the goals Uber and Lyft announced last year of 100% of rides in EVs by 2030.</p><p><blockquote>CARB批准的清洁里程标准是为了响应2018年通过的立法而制定的，评级是到2030年电动汽车将占90%的叫车里程。这实际上比Uber和Lyft去年宣布的到2030年电动汽车出行比例100%的目标略低。</blockquote></p><p> The companies are pushing for government subsidies to reach those electrification goals. Uber says ride-hailing emissions make up a tiny fraction of emissions—about 1% of all vehicle miles traveled by light-duty vehicles in the state—but CARB finds that because ride-hailing drivers spend a lot of time in their vehicles without passengers, they produce a disproportionate amount of emissions compared with other fleets.</p><p><blockquote>这些公司正在推动政府补贴以实现这些电气化目标。Uber表示，网约车排放仅占排放量的一小部分——约占该州轻型车辆行驶里程的1%——但CARB发现，由于网约车司机在没有乘客的情况下花了很多时间在车内，与其他车队相比，它们产生的排放量不成比例。</blockquote></p><p> Uber also says it’s doing its part by committing $800 million toward helping drivers get into EVs. Lyft points to a program that allows its drivers to rent EVs, and is exploring other ways it can help, including providing direct incentives. But both companies are calling for existing government incentive or rebate programs, or for the creation of new programs, to help ride-hailing drivers get into electric vehicles.</p><p><blockquote>Uber还表示，它正在尽自己的一份力量，承诺投入8亿美元帮助司机使用电动汽车。Lyft指出了一项允许司机租赁电动汽车的计划，并正在探索其他可以提供帮助的方式，包括提供直接激励。但两家公司都呼吁现有的政府激励或回扣计划，或创建新的计划，以帮助网约车司机使用电动汽车。</blockquote></p><p> “We take a sober look at financial barriers for drivers,” said Adam Gromis, Uber’s global head of sustainability, during discussion before the vote. Like Lyft, he mentioned the need for credits and incentive programs.</p><p><blockquote>Uber全球可持续发展主管亚当·格罗米斯(Adam Gromis)在投票前的讨论中表示：“我们冷静地看待司机面临的财务障碍。”和Lyft一样，他提到了信贷和激励计划的必要性。</blockquote></p><p> “We need to ensure that there is minimal negative impact on low-income drivers,” said Paul Augustine, an executive on the sustainability team at Lyft. “We need to work together.”</p><p><blockquote>“我们需要确保对低收入司机的负面影响最小，”Lyft可持续发展团队高管保罗·奥古斯丁(Paul Augustine)表示。“我们需要共同努力。”</blockquote></p><p> Included in the new standards are credits for TNCs related to investments toward infrastructure, or for transit rides booked through their apps, although some board members weren’t so supportive of credits for Uber and Lyft at all.</p><p><blockquote>新标准中包括与基础设施投资相关的跨国公司的积分，或通过其应用程序预订的交通乘车的积分，尽管一些董事会成员根本不支持优步和Lyft的积分。</blockquote></p><p></p><p> “Credits aren’t necessary for companies that can spend $200M on a proposition to avoid supporting their drivers,” Diane Takvorian said, referring to how much gig companies, including Uber and Lyft, spent to support the passage of Prop. 22.</p><p><blockquote>黛安·塔克沃里安(Diane Takvorian)表示：“对于那些能够在一项提案上花费2亿美元来避免支持司机的公司来说，信贷是不必要的。”她指的是包括Uber和Lyft在内的零工公司为支持Prop的通过花费了多少钱。22.</blockquote></p><p> The board members weren’t the only ones calling for Uber and Lyft to bear the costs of electrifying their ride-hailing fleets. Representatives of environmental groups also spoke up before the vote and urged the same thing.</p><p><blockquote>董事会成员并不是唯一呼吁优步和Lyft承担其网约车车队电气化成本的人。环保团体的代表也在投票前发言，敦促做同样的事情。</blockquote></p><p> “These companies must and absolutely can pay, not drivers,” said Sam Appel of the BlueGreen Alliance. “They are well-capitalized to do so.”</p><p><blockquote>蓝绿联盟的萨姆·阿佩尔说：“这些公司必须而且绝对有能力付费，而不是司机。”“他们有充足的资本来做到这一点。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/california-uber-lyft-electric-vehicles-51621548100?mod=hp_LEADSUPP_2\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"source_url":"https://www.barrons.com/articles/california-uber-lyft-electric-vehicles-51621548100?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139572292","content_text":"California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take place in electric vehicles by 2030.\nThe California Air Resources Board on Thursday approved the new rules, which means Uber (ticker: UBER) and Lyft (LYFT) will need to ensure that most of their drivers transition to EVs in this decade. The next step is for the California Public Utilities Commission to finalize how the rules will be implemented.\nThe remaining question is who will pay. Despite their approval of the measure, the board members said Thursday they are extremely concerned about low-income drivers having to bear the majority of the costs and expressed the need to continue to collect information on how this will affect them.\nUber and Lyft consider their drivers independent contractors, and the drivers own or rent their vehicles. The companies, which are unprofitable but valued at billions of dollars, want the state to share the costs by providing incentives. The bill, as estimated by the Union of Concerned Scientists, could total $1.73 billion, which it also forecast could cost the companies 4 cents a mile.\n“Yes, drivers own their vehicles, but they’re operating on these platforms that are generating extra emissions,” said Elizabeth Irvin, senior transportation analyst for the Clean Transportation program at the Union of Concerned Scientists, in an interview before the vote. “It’s critical that [the companies] do their part.”\nCARB member Nathan Fletcher said during the discussion before the vote that “We don’t have a mechanism to ensure that this doesn’t just get passed down to the drivers.” He added that “an industry based on labor exploitation will be asking for subsidies to address the environmental impacts that they’re profiting from.”\nAll other CARB members who were present for the vote echoed those concerns.\n“I’d be remiss if I didn’t mention how Proposition 22 has worked out in making sure drivers are protected,” said Davina Hurt, referring to continuing concerns that ride-hailing drivers are not adequately compensated or protected after California voters approved in November the ballot initiative that allows Uber, Lyft and other gig companies to continue classifying their workers as independent contractors.\nThe drivers—who are mostly low-income, as the companies themselves say—may not be able to afford to switch to EVs on their own. Electric vehicles remain more expensive than their gas-powered counterparts.\n“Can a driver afford to own any car, is my question,” Nicole Moore, a Los Angeles-based driver and worker organizer with Rideshare Drivers United, told MarketWatch. Moore said many drivers are struggling to earn enough money to pay for basics like rent and food.\n“In the end, the way the state of California—and voters—are allowing these companies to operate, there is no way we can afford electric vehicles,” she said.\nThe clean-miles standard approved by CARB was enacted in response to legislation passed in 2018, and calls for 90% of ride-hailing miles to take place in EVs by 2030. That is actually slightly less ambitious than the goals Uber and Lyft announced last year of 100% of rides in EVs by 2030.\nThe companies are pushing for government subsidies to reach those electrification goals. Uber says ride-hailing emissions make up a tiny fraction of emissions—about 1% of all vehicle miles traveled by light-duty vehicles in the state—but CARB finds that because ride-hailing drivers spend a lot of time in their vehicles without passengers, they produce a disproportionate amount of emissions compared with other fleets.\nUber also says it’s doing its part by committing $800 million toward helping drivers get into EVs. Lyft points to a program that allows its drivers to rent EVs, and is exploring other ways it can help, including providing direct incentives. But both companies are calling for existing government incentive or rebate programs, or for the creation of new programs, to help ride-hailing drivers get into electric vehicles.\n“We take a sober look at financial barriers for drivers,” said Adam Gromis, Uber’s global head of sustainability, during discussion before the vote. Like Lyft, he mentioned the need for credits and incentive programs.\n“We need to ensure that there is minimal negative impact on low-income drivers,” said Paul Augustine, an executive on the sustainability team at Lyft. “We need to work together.”\nIncluded in the new standards are credits for TNCs related to investments toward infrastructure, or for transit rides booked through their apps, although some board members weren’t so supportive of credits for Uber and Lyft at all.\n“Credits aren’t necessary for companies that can spend $200M on a proposition to avoid supporting their drivers,” Diane Takvorian said, referring to how much gig companies, including Uber and Lyft, spent to support the passage of Prop. 22.\nThe board members weren’t the only ones calling for Uber and Lyft to bear the costs of electrifying their ride-hailing fleets. Representatives of environmental groups also spoke up before the vote and urged the same thing.\n“These companies must and absolutely can pay, not drivers,” said Sam Appel of the BlueGreen Alliance. “They are well-capitalized to do so.”","news_type":1,"symbols_score_info":{"UBER":0.9,"LYFT":0.9}},"isVote":1,"tweetType":1,"viewCount":1074,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139375898,"gmtCreate":1621596889214,"gmtModify":1631884221761,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in.&nbsp;","listText":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in.&nbsp;","text":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139375898","repostId":"2137906351","repostType":4,"isVote":1,"tweetType":1,"viewCount":957,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139394171,"gmtCreate":1621589953493,"gmtModify":1634187837082,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","listText":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","text":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139394171","isVote":1,"tweetType":1,"viewCount":1024,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":131157236,"gmtCreate":1621839208825,"gmtModify":1634186179824,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Please like and comment on my comment. Hehe thanks.","listText":"Please like and comment on my comment. Hehe thanks.","text":"Please like and comment on my comment. Hehe thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131157236","repostId":"2137827351","repostType":4,"isVote":1,"tweetType":1,"viewCount":1000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131352436,"gmtCreate":1621830332925,"gmtModify":1634186254852,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Bought the dip on ETH. #HODL","listText":"Bought the dip on ETH. #HODL","text":"Bought the dip on ETH. #HODL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131352436","repostId":"1191258854","repostType":4,"repost":{"id":"1191258854","kind":"news","pubTimestamp":1621818302,"share":"https://www.laohu8.com/m/news/1191258854?lang=zh_CN&edition=full","pubTime":"2021-05-24 09:05","market":"us","language":"en","title":"Crypto Is Crashing: Is Now the Time to Invest?<blockquote>加密货币正在崩溃：现在是投资的时候吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191258854","media":"Motley Fool","summary":"Should you buy when prices are lower?Cryptocurrency has always been volatile, but it's experienced q","content":"<p><b>Should you buy when prices are lower?</b>Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse.</p><p><blockquote><b>你应该在价格较低时购买吗？</b>加密货币一直不稳定，但在过去几个月里它经历了相当疯狂的旅程。在打破记录并达到惊人的高价后，加密货币急转直下。</blockquote></p><p><b>Bitcoin</b>(CRYPTO:BTC), which reached a high of around $65,000 per token last month, has fallen by more than 30% over the past 10 days, as of this writing. Other popular cryptocurrencies<b>Ethereum</b>(CRYPTO:ETH)and<b>Dogecoin</b>(CRYPTO:DOGE)are also down around 30% over the same time period.</p><p><blockquote><b>比特币</b>（加密货币：BTC）上个月达到了每代币65,000美元左右的高点，截至撰写本文时，在过去10天内下跌了30%以上。其他流行的加密货币<b>以太币</b>（加密货币：ETH）和<b>狗狗币</b>(CRYPTO：DOGE)同期也下降了约30%。</blockquote></p><p>Sometimes, market crashes are beneficial to investors because they're an opportunity to buy stocks at bargain prices. If you've been eager to invest in cryptocurrencies but are hesitant about the sky-high prices, a crypto crash could make them more affordable. But does that mean you should invest?</p><p><blockquote>有时，市场崩盘对投资者有利，因为这是一个以低价购买股票的机会。如果您一直渴望投资加密货币，但对天价犹豫不决，那么加密货币崩溃可能会让它们变得更实惠。但这是否意味着你应该投资？</blockquote></p><p><img src=\"https://static.tigerbbs.com/7a431fb4ba85bf22785c79c9d5e854fb\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p><b>Consider your tolerance for risk</b></p><p><blockquote><b>考虑您的风险承受能力</b></blockquote></p><p>The latest crypto crash is further proof of this sector's volatility. Considering cryptocurrency's history, a 30% drop is fairly mild. Bitcoin, for example, has fallen by more 80% on three separate occasions since 2012, according to data from Visual Capitalist.</p><p><blockquote>最近的加密货币崩盘进一步证明了该行业的波动性。考虑到加密货币的历史，30%的跌幅相当温和。例如，根据Visual Capitalist的数据，自2012年以来，比特币的股价已三次下跌超过80%。</blockquote></p><p>This year alone, Bitcoin has already experienced several steep drops. So this recent crash is par for the course -- and there will likely be many more crashes like this in the future.</p><p><blockquote>仅今年，比特币就已经经历了几次大幅下跌。因此，最近的这次崩溃是意料之中的——未来可能会有更多这样的崩溃。</blockquote></p><p><img src=\"https://static.tigerbbs.com/d201474a0a8330fe9548db7675270757\" tg-width=\"720\" tg-height=\"410\" referrerpolicy=\"no-referrer\">Before you invest in cryptocurrency, think about whether you can tolerate this level of risk. Although Bitcoin has always managed to bounce back from its slumps, there's no guarantee it will always recover.</p><p><blockquote>在你投资加密货币之前，想想你是否能承受这种程度的风险。尽管比特币总是设法从低迷中反弹，但不能保证它总是会复苏。</blockquote></p><p>If you know you're going to lose sleep when your investments plummet overnight, crypto may not be the best investment for you. But if you have the stomach for this type of turbulence, you may have the right personality for investing in crypto.</p><p><blockquote>如果您知道当您的投资一夜之间暴跌时您会失眠，那么加密货币可能不是您的最佳投资。但如果你喜欢这种类型的动荡，你可能有投资加密货币的合适个性。</blockquote></p><p><b>Choose your crypto carefully</b></p><p><blockquote><b>仔细选择您的加密货币</b></blockquote></p><p>If you decide to invest in cryptocurrency, buying when prices are lower may be a wise move. Especially if you're investing in a higher-priced currency like Bitcoin, you can get more for your money when buying during a downturn.</p><p><blockquote>如果你决定投资加密货币，在价格较低时买入可能是明智之举。特别是如果您投资的是比特币等价格较高的货币，那么在经济低迷时期购买时，您可以获得更多收益。</blockquote></p><p>Just be sure you've done your research before you invest. The fact that a cryptocurrency is more affordable doesn't necessarily mean it's a smart investment, so consider all your options before you buy. The goal is to buy investments you can hold for the long term, so make sure you're choosing the right cryptocurrency for you.</p><p><blockquote>只要确保你在投资前已经做了调查。加密货币更实惠的事实并不一定意味着它是一项明智的投资，因此在购买之前请考虑您的所有选择。目标是购买您可以长期持有的投资，因此请确保您选择了适合您的加密货币。</blockquote></p><p><img src=\"https://static.tigerbbs.com/bdae0dc3c25e26d6b12738f5eeb9a416\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p>Bitcoin is the biggest name in the crypto space, and it's also the oldest cryptocurrency. This gives it a leg up on the competition. However, it's an energy-intensive cryptocurrency, which poses environmental concerns. In fact,<b>Tesla</b>CEO Elon Musk recently announced that the company wouldno longer accept Bitcoinas a form of payment because of its environmental impact.</p><p><blockquote>比特币是加密领域最大的名字，也是最古老的加密货币。这使其在竞争中占据优势。然而，它是一种能源密集型加密货币，会带来环境问题。事实上，<b>特斯拉</b>首席执行官埃隆·马斯克最近宣布，由于比特币对环境的影响，该公司将不再接受比特币作为一种支付形式。</blockquote></p><p>Ether is the second-most popular cryptocurrency, and it uses the popular blockchain Ethereum -- which is also the blockchain behind non-fungible tokens (NFTs) anddecentralized finance. Because the Ethereum blockchain has a variety of uses, that gives it an advantage. In addition, developers are currently working on Ethereum 2.0, which will be more energy-efficient and environmentally friendly.</p><p><blockquote>以太币是第二受欢迎的加密货币，它使用流行的区块链以太币，这也是不可替代代币(NFT)和去中心化金融背后的区块链。因为以太币区块链有多种用途，这给了它一个优势。此外，目前开发商正在研究以太币2.0，它将更加节能环保。</blockquote></p><p>Dogecoin is one of theriskiest cryptocurrencies, and buying this particular token is more similar to gambling than true investing. If you do choose to go this route, be sure you make this decision carefully.</p><p><blockquote>狗狗币是风险最大的加密货币之一，购买这种特殊的代币更像是赌博，而不是真正的投资。如果你选择走这条路，一定要慎重做出决定。</blockquote></p><p>Regardless of which option you choose, only invest money you can afford to lose. Crypto is still a high-risk investment, even if it is more affordable right now. While cryptocurrency isn't right for everyone, if you've decided to invest, you can save some money by investing when prices are lower.</p><p><blockquote>无论你选择哪种方式，只投资你能承受损失的钱。加密仍然是一项高风险投资，即使它现在更实惠。虽然加密货币并不适合所有人，但如果你决定投资，你可以在价格较低时投资来节省一些钱。</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>Crypto Is Crashing: Is Now the Time to Invest?<blockquote>加密货币正在崩溃：现在是投资的时候吗？</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\">\nCrypto Is Crashing: Is Now the Time to Invest?<blockquote>加密货币正在崩溃：现在是投资的时候吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-05-24 09:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Should you buy when prices are lower?</b>Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse.</p><p><blockquote><b>你应该在价格较低时购买吗？</b>加密货币一直不稳定，但在过去几个月里它经历了相当疯狂的旅程。在打破记录并达到惊人的高价后，加密货币急转直下。</blockquote></p><p><b>Bitcoin</b>(CRYPTO:BTC), which reached a high of around $65,000 per token last month, has fallen by more than 30% over the past 10 days, as of this writing. Other popular cryptocurrencies<b>Ethereum</b>(CRYPTO:ETH)and<b>Dogecoin</b>(CRYPTO:DOGE)are also down around 30% over the same time period.</p><p><blockquote><b>比特币</b>（加密货币：BTC）上个月达到了每代币65,000美元左右的高点，截至撰写本文时，在过去10天内下跌了30%以上。其他流行的加密货币<b>以太币</b>（加密货币：ETH）和<b>狗狗币</b>(CRYPTO：DOGE)同期也下降了约30%。</blockquote></p><p>Sometimes, market crashes are beneficial to investors because they're an opportunity to buy stocks at bargain prices. If you've been eager to invest in cryptocurrencies but are hesitant about the sky-high prices, a crypto crash could make them more affordable. But does that mean you should invest?</p><p><blockquote>有时，市场崩盘对投资者有利，因为这是一个以低价购买股票的机会。如果您一直渴望投资加密货币，但对天价犹豫不决，那么加密货币崩溃可能会让它们变得更实惠。但这是否意味着你应该投资？</blockquote></p><p><img src=\"https://static.tigerbbs.com/7a431fb4ba85bf22785c79c9d5e854fb\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p><b>Consider your tolerance for risk</b></p><p><blockquote><b>考虑您的风险承受能力</b></blockquote></p><p>The latest crypto crash is further proof of this sector's volatility. Considering cryptocurrency's history, a 30% drop is fairly mild. Bitcoin, for example, has fallen by more 80% on three separate occasions since 2012, according to data from Visual Capitalist.</p><p><blockquote>最近的加密货币崩盘进一步证明了该行业的波动性。考虑到加密货币的历史，30%的跌幅相当温和。例如，根据Visual Capitalist的数据，自2012年以来，比特币的股价已三次下跌超过80%。</blockquote></p><p>This year alone, Bitcoin has already experienced several steep drops. So this recent crash is par for the course -- and there will likely be many more crashes like this in the future.</p><p><blockquote>仅今年，比特币就已经经历了几次大幅下跌。因此，最近的这次崩溃是意料之中的——未来可能会有更多这样的崩溃。</blockquote></p><p><img src=\"https://static.tigerbbs.com/d201474a0a8330fe9548db7675270757\" tg-width=\"720\" tg-height=\"410\" referrerpolicy=\"no-referrer\">Before you invest in cryptocurrency, think about whether you can tolerate this level of risk. Although Bitcoin has always managed to bounce back from its slumps, there's no guarantee it will always recover.</p><p><blockquote>在你投资加密货币之前，想想你是否能承受这种程度的风险。尽管比特币总是设法从低迷中反弹，但不能保证它总是会复苏。</blockquote></p><p>If you know you're going to lose sleep when your investments plummet overnight, crypto may not be the best investment for you. But if you have the stomach for this type of turbulence, you may have the right personality for investing in crypto.</p><p><blockquote>如果您知道当您的投资一夜之间暴跌时您会失眠，那么加密货币可能不是您的最佳投资。但如果你喜欢这种类型的动荡，你可能有投资加密货币的合适个性。</blockquote></p><p><b>Choose your crypto carefully</b></p><p><blockquote><b>仔细选择您的加密货币</b></blockquote></p><p>If you decide to invest in cryptocurrency, buying when prices are lower may be a wise move. Especially if you're investing in a higher-priced currency like Bitcoin, you can get more for your money when buying during a downturn.</p><p><blockquote>如果你决定投资加密货币，在价格较低时买入可能是明智之举。特别是如果您投资的是比特币等价格较高的货币，那么在经济低迷时期购买时，您可以获得更多收益。</blockquote></p><p>Just be sure you've done your research before you invest. The fact that a cryptocurrency is more affordable doesn't necessarily mean it's a smart investment, so consider all your options before you buy. The goal is to buy investments you can hold for the long term, so make sure you're choosing the right cryptocurrency for you.</p><p><blockquote>只要确保你在投资前已经做了调查。加密货币更实惠的事实并不一定意味着它是一项明智的投资，因此在购买之前请考虑您的所有选择。目标是购买您可以长期持有的投资，因此请确保您选择了适合您的加密货币。</blockquote></p><p><img src=\"https://static.tigerbbs.com/bdae0dc3c25e26d6b12738f5eeb9a416\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p>Bitcoin is the biggest name in the crypto space, and it's also the oldest cryptocurrency. This gives it a leg up on the competition. However, it's an energy-intensive cryptocurrency, which poses environmental concerns. In fact,<b>Tesla</b>CEO Elon Musk recently announced that the company wouldno longer accept Bitcoinas a form of payment because of its environmental impact.</p><p><blockquote>比特币是加密领域最大的名字，也是最古老的加密货币。这使其在竞争中占据优势。然而，它是一种能源密集型加密货币，会带来环境问题。事实上，<b>特斯拉</b>首席执行官埃隆·马斯克最近宣布，由于比特币对环境的影响，该公司将不再接受比特币作为一种支付形式。</blockquote></p><p>Ether is the second-most popular cryptocurrency, and it uses the popular blockchain Ethereum -- which is also the blockchain behind non-fungible tokens (NFTs) anddecentralized finance. Because the Ethereum blockchain has a variety of uses, that gives it an advantage. In addition, developers are currently working on Ethereum 2.0, which will be more energy-efficient and environmentally friendly.</p><p><blockquote>以太币是第二受欢迎的加密货币，它使用流行的区块链以太币，这也是不可替代代币(NFT)和去中心化金融背后的区块链。因为以太币区块链有多种用途，这给了它一个优势。此外，目前开发商正在研究以太币2.0，它将更加节能环保。</blockquote></p><p>Dogecoin is one of theriskiest cryptocurrencies, and buying this particular token is more similar to gambling than true investing. If you do choose to go this route, be sure you make this decision carefully.</p><p><blockquote>狗狗币是风险最大的加密货币之一，购买这种特殊的代币更像是赌博，而不是真正的投资。如果你选择走这条路，一定要慎重做出决定。</blockquote></p><p>Regardless of which option you choose, only invest money you can afford to lose. Crypto is still a high-risk investment, even if it is more affordable right now. While cryptocurrency isn't right for everyone, if you've decided to invest, you can save some money by investing when prices are lower.</p><p><blockquote>无论你选择哪种方式，只投资你能承受损失的钱。加密仍然是一项高风险投资，即使它现在更实惠。虽然加密货币并不适合所有人，但如果你决定投资，你可以在价格较低时投资来节省一些钱。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/05/23/crypto-is-crashing-is-now-the-time-to-invest/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale"},"source_url":"https://www.fool.com/investing/2021/05/23/crypto-is-crashing-is-now-the-time-to-invest/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191258854","content_text":"Should you buy when prices are lower?Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse.Bitcoin(CRYPTO:BTC), which reached a high of around $65,000 per token last month, has fallen by more than 30% over the past 10 days, as of this writing. Other popular cryptocurrenciesEthereum(CRYPTO:ETH)andDogecoin(CRYPTO:DOGE)are also down around 30% over the same time period.Sometimes, market crashes are beneficial to investors because they're an opportunity to buy stocks at bargain prices. If you've been eager to invest in cryptocurrencies but are hesitant about the sky-high prices, a crypto crash could make them more affordable. But does that mean you should invest?IMAGE SOURCE: GETTY IMAGES.Consider your tolerance for riskThe latest crypto crash is further proof of this sector's volatility. Considering cryptocurrency's history, a 30% drop is fairly mild. Bitcoin, for example, has fallen by more 80% on three separate occasions since 2012, according to data from Visual Capitalist.This year alone, Bitcoin has already experienced several steep drops. So this recent crash is par for the course -- and there will likely be many more crashes like this in the future.Before you invest in cryptocurrency, think about whether you can tolerate this level of risk. Although Bitcoin has always managed to bounce back from its slumps, there's no guarantee it will always recover.If you know you're going to lose sleep when your investments plummet overnight, crypto may not be the best investment for you. But if you have the stomach for this type of turbulence, you may have the right personality for investing in crypto.Choose your crypto carefullyIf you decide to invest in cryptocurrency, buying when prices are lower may be a wise move. Especially if you're investing in a higher-priced currency like Bitcoin, you can get more for your money when buying during a downturn.Just be sure you've done your research before you invest. The fact that a cryptocurrency is more affordable doesn't necessarily mean it's a smart investment, so consider all your options before you buy. The goal is to buy investments you can hold for the long term, so make sure you're choosing the right cryptocurrency for you.IMAGE SOURCE: GETTY IMAGES.Bitcoin is the biggest name in the crypto space, and it's also the oldest cryptocurrency. This gives it a leg up on the competition. However, it's an energy-intensive cryptocurrency, which poses environmental concerns. In fact,TeslaCEO Elon Musk recently announced that the company wouldno longer accept Bitcoinas a form of payment because of its environmental impact.Ether is the second-most popular cryptocurrency, and it uses the popular blockchain Ethereum -- which is also the blockchain behind non-fungible tokens (NFTs) anddecentralized finance. Because the Ethereum blockchain has a variety of uses, that gives it an advantage. In addition, developers are currently working on Ethereum 2.0, which will be more energy-efficient and environmentally friendly.Dogecoin is one of theriskiest cryptocurrencies, and buying this particular token is more similar to gambling than true investing. If you do choose to go this route, be sure you make this decision carefully.Regardless of which option you choose, only invest money you can afford to lose. Crypto is still a high-risk investment, even if it is more affordable right now. While cryptocurrency isn't right for everyone, if you've decided to invest, you can save some money by investing when prices are lower.","news_type":1,"symbols_score_info":{"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":763,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131034682,"gmtCreate":1621815982646,"gmtModify":1634186451166,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Please help to comment and like","listText":"Please help to comment and like","text":"Please help to comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/131034682","repostId":"1118150139","repostType":4,"isVote":1,"tweetType":1,"viewCount":942,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131035233,"gmtCreate":1621815941422,"gmtModify":1634186451988,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"&nbsp;Commented","listText":"&nbsp;Commented","text":"Commented","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131035233","repostId":"1196215338","repostType":4,"repost":{"id":"1196215338","kind":"news","pubTimestamp":1621815461,"share":"https://www.laohu8.com/m/news/1196215338?lang=zh_CN&edition=full","pubTime":"2021-05-24 08:17","market":"us","language":"en","title":"Morgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months<blockquote>摩根士丹利：以下是将主导未来6-12个月的4个“担忧”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1196215338","media":"zerohedge","summary":"By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley\nAll Gas, No Brakes\nThe weather in ","content":"<p><i>By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley</i></p><p><blockquote><i>作者：Andrew Sheets，摩根士丹利首席跨资产策略师</i></blockquote></p><p> <b>All Gas, No Brakes</b></p><p><blockquote><b>全油门，无刹车</b></blockquote></p><p> The weather in London this week has been rainy&nbsp;<i>while</i>&nbsp;sunny, which feels like a fair description of current sentiment, as we’ve been discussing our mid-year outlook with investors this week. There’s a&nbsp;<i>wide</i>&nbsp;range of views out there at the moment, with the noisiness of the data giving everyone something to hang their hat on. In short, it’s the perfect time to step back and debate the longer-term outlook.</p><p><blockquote>本周伦敦的天气一直在下雨<i>当</i>阳光明媚，这似乎是对当前情绪的公平描述，因为我们本周一直在与投资者讨论我们的年中前景。有一个<i>广泛的</i>目前的观点范围很广，嘈杂的数据给了每个人一些东西来挂帽子。简而言之，现在是退后一步讨论长期前景的最佳时机。</blockquote></p><p> The most notable aspect of our forecasts, and one of the most contentious areas of debate, is just how much&nbsp;our expectations differ from the prior decade.&nbsp;The post-GFC period was defined by fiscal austerity,&nbsp;<i>low</i>&nbsp;investment, a deleveraging consumer and central banks acting&nbsp;<i>pre-emptively</i>&nbsp;to choke off inflationary risk. Indeed,<b>for all that we associate ‘easy policy’ with the last cycle, the PBOC tightening in 2010, the ECB hiking in 2011 and the Fed hiking in 2015 were all aggressive&nbsp;</b><b><i>early</i></b><b>&nbsp;moves to nip inflation in the bud.</b></p><p><blockquote>我们预测中最值得注意的方面，也是最有争议的辩论领域之一，是我们的预期与前十年有多大不同。后全球金融危机时期的特点是财政紧缩，<i>低的</i>投资、去杠杆化的消费者和央行的行动<i>先发制人</i>抑制通胀风险。的确，<b>尽管我们将“宽松政策”与上一个周期联系在一起，但2010年中国人民银行的紧缩政策、2011年欧洲央行的加息政策和2015年美联储的加息政策都是激进的</b><b><i>早期的</i></b><b>将通货膨胀扼杀在萌芽状态的举措。</b></blockquote></p><p> <b>Our expectations this time around couldn’t be more different.</b>Fiscal policy is historically expansionary. The consumer in the US, Europe and China is in outstanding shape, with record levels of savings. We see a ‘red-hot capex cycle’ and public and private sector investment increasing. Global real rates are still near all-time lows. As my colleague Chetan Ahya noted in last week’s&nbsp;<i>Sunday Start</i>,<b>fiscal easing, cheap money, a strong consumer and more investment are four powerful cylinders in the proverbial economic engine.</b></p><p><blockquote><b>这一次我们的期望完全不同。</b>财政政策历来是扩张性的。美国、欧洲和中国的消费者状况良好，储蓄水平创历史新高。我们看到“炙手可热的资本支出周期”以及公共和私营部门投资的增加。全球实际利率仍接近历史低点。正如我的同事Chetan Ahya在上周的<i>周日开始</i>,<b>财政宽松、廉价资金、强劲的消费者和更多的投资是众所周知的经济引擎中的四个强大汽缸。</b></blockquote></p><p> But just as notable is the expected policy response. In the face of strong growth, we think that central banks remain unusually standoffish. For the Fed, it’s a focus on still-elevated unemployment, coupled with a recent commitment to average inflation targeting. For the ECB, it’s awareness of a long-running inflation undershoot and memories of the 2011 hikes. For China, it’s taking a more gradual approach to tightening than after the last downturn.</p><p><blockquote>但同样值得注意的是预期的政策反应。面对强劲的增长，我们认为各国央行仍然异常冷漠。对于美联储来说，这是对仍然居高不下的失业率的关注，以及最近对平均通胀目标的承诺。对于欧洲央行来说，这是对长期通胀低于预期的认识以及对2011年加息的记忆。对于中国来说，与上次经济低迷之后相比，它正在采取更加渐进的紧缩方式。</blockquote></p><p> <b>In short, it’s a global economy with a lot of gas and few brakes:</b>And if that is so, it means the risk case is different. After a decade where risk often skewed to the downside and the question was what new form of easing would central banks conjure up to fight weakness, the issue now is that growth is&nbsp;<i>good</i>. Hence<b>:</b></p><p><blockquote><b>简而言之，这是一个油门多、刹车少的全球经济：</b>如果是这样，这意味着风险情况不同。十年来，风险往往偏向下行，问题是央行会采取什么新形式的宽松政策来对抗疲软，现在的问题是增长<i>好的</i>.因此<b>：</b></blockquote></p><p> <ol>  <li><b>Will the recovery create inflation?</b></p><p><blockquote><ol><li><b>复苏会造成通货膨胀吗？</b></li></ol></blockquote></p><p></li>  <li><b>Will it alter central bank policy?</b></p><p><blockquote><li><b>它会改变央行政策吗？</b></li></blockquote></p><p></li>  <li><b>Will that lead to margin and tax pressures?</b></p><p><blockquote><li><b>这会导致利润和税收压力吗？</b></li></blockquote></p><p></li>  <li><b>And is good growth already in the price?</b></p><p><blockquote><li><b>良好的增长已经体现在价格上了吗？</b></li></blockquote></p><p></li> </ol> <i>If</i>&nbsp;these are the ‘worries’ that will dominate the next 6-12 months, they won’t apply evenly. For US equities and credit, as well as segments of EM, these concerns will be front and center. But for Europe (and Japan), the questions of excessive valuations, high inflation, a hawkish policy shift or new corporate taxes seem much more distant. Maybe this distinction is obvious, but we think that it still works to Europe’s advantage.</p><p><blockquote><i>如果</i>这些“担忧”将在未来6-12个月内占据主导地位，它们不会均匀地适用。对于美国股票和信贷以及新兴市场的各个部分来说，这些担忧将是最重要的。但对欧洲（和日本）来说，估值过高、通胀高企、鹰派政策转变或新公司税等问题似乎更加遥远。也许这种区别是显而易见的，但我们认为它仍然对欧洲有利。</blockquote></p><p> A hotter cycle could also mean a&nbsp;<i>shorter</i>&nbsp;cycle, and an unusually fast normalization of conditions. Such a scenario disadvantages credit. The asset class sees outstanding early-cycle, post-recession performance as growth recovers and companies focus on survival. But as things heat up, extra growth doesn’t mean any extra income from a corporate bond. On a cross-asset basis, credit underperforms on our new 12-month forecasts, and credit risk premiums look rich relative to other assets.<b>With a change in view from Srikanth Sankaran and our credit strategy team,&nbsp;we’ve downgraded credit&nbsp;to equal-weight.</b></p><p><blockquote>更热的周期也可能意味着<i>更短</i>周期，以及异常快速的条件正常化。这种情况不利于信贷。随着增长复苏和企业专注于生存，该资产类别在经济衰退后的早期周期表现出色。但随着事情的升温，额外的增长并不意味着公司债券的任何额外收入。在跨资产基础上，信贷表现低于我们新的12个月预测，相对于其他资产，信用风险溢价看起来很高。<b>随着Srikanth Sankaran和我们的信贷策略团队观点的改变，我们已将信贷评级下调至等权重。</b></blockquote></p><p> Finally, these forecasts invite an even more important&nbsp;<i>structural</i>&nbsp;question. Again, our expectations for strong fiscal, monetary and capital spending and consumer trends are&nbsp;<i>very</i>&nbsp;different from what prevailed over the last decade.<b>Will this mean an exit from the secular stagnation of the post-GFC mindset? If we are right, this should be an increasingly important debate.</b></p><p><blockquote>最后，这些预测邀请了一个更重要的<i>结构上的</i>问题。同样，我们对强劲的财政、货币和资本支出以及消费趋势的预期是<i>非常</i>与过去十年的情况不同。<b>这是否意味着摆脱后全球金融危机心态的长期停滞？如果我们是对的，这应该是一场越来越重要的辩论。</b></blockquote></p><p> As we’ve told this story over the last week, opinions, like the weather, have been mixed. We’ve talked to plenty of investors who think it’s finally Europe’s time to shine, and plenty of others who worry it will remain a serial disappointment.<b>One investor described our expectation that the Fed doesn’t hike until 3Q23 as ‘what the Fed wants to do, not what it will do’, while another thought the Fed wouldn’t be able to complete tapering, given market sensitivity to real rates.</b></p><p><blockquote>正如我们上周讲述的这个故事，就像天气一样，意见不一。我们与许多投资者进行了交谈，他们认为欧洲终于到了大放异彩的时候，也有许多其他人担心欧洲仍将令人失望。<b>一位投资者将我们对美联储在2023年第三季度之前不会加息的预期描述为“美联储想做什么，而不是它将做什么”，而另一位投资者则认为，鉴于市场对实际利率的敏感性，美联储将无法完成缩减规模。</b></blockquote></p><p></p><p> Opinion on the big picture is similarly divided.<b>Indeed, the current debate reminds me quite a bit of 2010, when there was a sharp division between those who expected a rapid return of pre-crisis conditions (higher rates, EM leadership), and those who thought otherwise.</b>As growth and inflation pick up, we expect a trickier summer, but also an ongoing debate around these larger issues. Rain during sunshine could be something we need to get used to.</p><p><blockquote>对大局的看法也同样存在分歧。<b>事实上，当前的辩论让我想起了2010年，当时那些期待危机前状况（利率上升、新兴市场领导地位）迅速恢复的人和那些不这么认为的人之间存在着尖锐的分歧。</b>随着增长和通胀回升，我们预计夏季将更加棘手，但围绕这些更大问题的辩论也将持续。阳光下的雨可能是我们需要习惯的事情。</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>Morgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months<blockquote>摩根士丹利：以下是将主导未来6-12个月的4个“担忧”</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\">\nMorgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months<blockquote>摩根士丹利：以下是将主导未来6-12个月的4个“担忧”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-05-24 08:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley</i></p><p><blockquote><i>作者：Andrew Sheets，摩根士丹利首席跨资产策略师</i></blockquote></p><p> <b>All Gas, No Brakes</b></p><p><blockquote><b>全油门，无刹车</b></blockquote></p><p> The weather in London this week has been rainy&nbsp;<i>while</i>&nbsp;sunny, which feels like a fair description of current sentiment, as we’ve been discussing our mid-year outlook with investors this week. There’s a&nbsp;<i>wide</i>&nbsp;range of views out there at the moment, with the noisiness of the data giving everyone something to hang their hat on. In short, it’s the perfect time to step back and debate the longer-term outlook.</p><p><blockquote>本周伦敦的天气一直在下雨<i>当</i>阳光明媚，这似乎是对当前情绪的公平描述，因为我们本周一直在与投资者讨论我们的年中前景。有一个<i>广泛的</i>目前的观点范围很广，嘈杂的数据给了每个人一些东西来挂帽子。简而言之，现在是退后一步讨论长期前景的最佳时机。</blockquote></p><p> The most notable aspect of our forecasts, and one of the most contentious areas of debate, is just how much&nbsp;our expectations differ from the prior decade.&nbsp;The post-GFC period was defined by fiscal austerity,&nbsp;<i>low</i>&nbsp;investment, a deleveraging consumer and central banks acting&nbsp;<i>pre-emptively</i>&nbsp;to choke off inflationary risk. Indeed,<b>for all that we associate ‘easy policy’ with the last cycle, the PBOC tightening in 2010, the ECB hiking in 2011 and the Fed hiking in 2015 were all aggressive&nbsp;</b><b><i>early</i></b><b>&nbsp;moves to nip inflation in the bud.</b></p><p><blockquote>我们预测中最值得注意的方面，也是最有争议的辩论领域之一，是我们的预期与前十年有多大不同。后全球金融危机时期的特点是财政紧缩，<i>低的</i>投资、去杠杆化的消费者和央行的行动<i>先发制人</i>抑制通胀风险。的确，<b>尽管我们将“宽松政策”与上一个周期联系在一起，但2010年中国人民银行的紧缩政策、2011年欧洲央行的加息政策和2015年美联储的加息政策都是激进的</b><b><i>早期的</i></b><b>将通货膨胀扼杀在萌芽状态的举措。</b></blockquote></p><p> <b>Our expectations this time around couldn’t be more different.</b>Fiscal policy is historically expansionary. The consumer in the US, Europe and China is in outstanding shape, with record levels of savings. We see a ‘red-hot capex cycle’ and public and private sector investment increasing. Global real rates are still near all-time lows. As my colleague Chetan Ahya noted in last week’s&nbsp;<i>Sunday Start</i>,<b>fiscal easing, cheap money, a strong consumer and more investment are four powerful cylinders in the proverbial economic engine.</b></p><p><blockquote><b>这一次我们的期望完全不同。</b>财政政策历来是扩张性的。美国、欧洲和中国的消费者状况良好，储蓄水平创历史新高。我们看到“炙手可热的资本支出周期”以及公共和私营部门投资的增加。全球实际利率仍接近历史低点。正如我的同事Chetan Ahya在上周的<i>周日开始</i>,<b>财政宽松、廉价资金、强劲的消费者和更多的投资是众所周知的经济引擎中的四个强大汽缸。</b></blockquote></p><p> But just as notable is the expected policy response. In the face of strong growth, we think that central banks remain unusually standoffish. For the Fed, it’s a focus on still-elevated unemployment, coupled with a recent commitment to average inflation targeting. For the ECB, it’s awareness of a long-running inflation undershoot and memories of the 2011 hikes. For China, it’s taking a more gradual approach to tightening than after the last downturn.</p><p><blockquote>但同样值得注意的是预期的政策反应。面对强劲的增长，我们认为各国央行仍然异常冷漠。对于美联储来说，这是对仍然居高不下的失业率的关注，以及最近对平均通胀目标的承诺。对于欧洲央行来说，这是对长期通胀低于预期的认识以及对2011年加息的记忆。对于中国来说，与上次经济低迷之后相比，它正在采取更加渐进的紧缩方式。</blockquote></p><p> <b>In short, it’s a global economy with a lot of gas and few brakes:</b>And if that is so, it means the risk case is different. After a decade where risk often skewed to the downside and the question was what new form of easing would central banks conjure up to fight weakness, the issue now is that growth is&nbsp;<i>good</i>. Hence<b>:</b></p><p><blockquote><b>简而言之，这是一个油门多、刹车少的全球经济：</b>如果是这样，这意味着风险情况不同。十年来，风险往往偏向下行，问题是央行会采取什么新形式的宽松政策来对抗疲软，现在的问题是增长<i>好的</i>.因此<b>：</b></blockquote></p><p> <ol>  <li><b>Will the recovery create inflation?</b></p><p><blockquote><ol><li><b>复苏会造成通货膨胀吗？</b></li></ol></blockquote></p><p></li>  <li><b>Will it alter central bank policy?</b></p><p><blockquote><li><b>它会改变央行政策吗？</b></li></blockquote></p><p></li>  <li><b>Will that lead to margin and tax pressures?</b></p><p><blockquote><li><b>这会导致利润和税收压力吗？</b></li></blockquote></p><p></li>  <li><b>And is good growth already in the price?</b></p><p><blockquote><li><b>良好的增长已经体现在价格上了吗？</b></li></blockquote></p><p></li> </ol> <i>If</i>&nbsp;these are the ‘worries’ that will dominate the next 6-12 months, they won’t apply evenly. For US equities and credit, as well as segments of EM, these concerns will be front and center. But for Europe (and Japan), the questions of excessive valuations, high inflation, a hawkish policy shift or new corporate taxes seem much more distant. Maybe this distinction is obvious, but we think that it still works to Europe’s advantage.</p><p><blockquote><i>如果</i>这些“担忧”将在未来6-12个月内占据主导地位，它们不会均匀地适用。对于美国股票和信贷以及新兴市场的各个部分来说，这些担忧将是最重要的。但对欧洲（和日本）来说，估值过高、通胀高企、鹰派政策转变或新公司税等问题似乎更加遥远。也许这种区别是显而易见的，但我们认为它仍然对欧洲有利。</blockquote></p><p> A hotter cycle could also mean a&nbsp;<i>shorter</i>&nbsp;cycle, and an unusually fast normalization of conditions. Such a scenario disadvantages credit. The asset class sees outstanding early-cycle, post-recession performance as growth recovers and companies focus on survival. But as things heat up, extra growth doesn’t mean any extra income from a corporate bond. On a cross-asset basis, credit underperforms on our new 12-month forecasts, and credit risk premiums look rich relative to other assets.<b>With a change in view from Srikanth Sankaran and our credit strategy team,&nbsp;we’ve downgraded credit&nbsp;to equal-weight.</b></p><p><blockquote>更热的周期也可能意味着<i>更短</i>周期，以及异常快速的条件正常化。这种情况不利于信贷。随着增长复苏和企业专注于生存，该资产类别在经济衰退后的早期周期表现出色。但随着事情的升温，额外的增长并不意味着公司债券的任何额外收入。在跨资产基础上，信贷表现低于我们新的12个月预测，相对于其他资产，信用风险溢价看起来很高。<b>随着Srikanth Sankaran和我们的信贷策略团队观点的改变，我们已将信贷评级下调至等权重。</b></blockquote></p><p> Finally, these forecasts invite an even more important&nbsp;<i>structural</i>&nbsp;question. Again, our expectations for strong fiscal, monetary and capital spending and consumer trends are&nbsp;<i>very</i>&nbsp;different from what prevailed over the last decade.<b>Will this mean an exit from the secular stagnation of the post-GFC mindset? If we are right, this should be an increasingly important debate.</b></p><p><blockquote>最后，这些预测邀请了一个更重要的<i>结构上的</i>问题。同样，我们对强劲的财政、货币和资本支出以及消费趋势的预期是<i>非常</i>与过去十年的情况不同。<b>这是否意味着摆脱后全球金融危机心态的长期停滞？如果我们是对的，这应该是一场越来越重要的辩论。</b></blockquote></p><p> As we’ve told this story over the last week, opinions, like the weather, have been mixed. We’ve talked to plenty of investors who think it’s finally Europe’s time to shine, and plenty of others who worry it will remain a serial disappointment.<b>One investor described our expectation that the Fed doesn’t hike until 3Q23 as ‘what the Fed wants to do, not what it will do’, while another thought the Fed wouldn’t be able to complete tapering, given market sensitivity to real rates.</b></p><p><blockquote>正如我们上周讲述的这个故事，就像天气一样，意见不一。我们与许多投资者进行了交谈，他们认为欧洲终于到了大放异彩的时候，也有许多其他人担心欧洲仍将令人失望。<b>一位投资者将我们对美联储在2023年第三季度之前不会加息的预期描述为“美联储想做什么，而不是它将做什么”，而另一位投资者则认为，鉴于市场对实际利率的敏感性，美联储将无法完成缩减规模。</b></blockquote></p><p></p><p> Opinion on the big picture is similarly divided.<b>Indeed, the current debate reminds me quite a bit of 2010, when there was a sharp division between those who expected a rapid return of pre-crisis conditions (higher rates, EM leadership), and those who thought otherwise.</b>As growth and inflation pick up, we expect a trickier summer, but also an ongoing debate around these larger issues. Rain during sunshine could be something we need to get used to.</p><p><blockquote>对大局的看法也同样存在分歧。<b>事实上，当前的辩论让我想起了2010年，当时那些期待危机前状况（利率上升、新兴市场领导地位）迅速恢复的人和那些不这么认为的人之间存在着尖锐的分歧。</b>随着增长和通胀回升，我们预计夏季将更加棘手，但围绕这些更大问题的辩论也将持续。阳光下的雨可能是我们需要习惯的事情。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/morgan-stanley-here-are-4-worries-will-dominate-next-6-12-months\">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":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/morgan-stanley-here-are-4-worries-will-dominate-next-6-12-months","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196215338","content_text":"By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley\nAll Gas, No Brakes\nThe weather in London this week has been rainy while sunny, which feels like a fair description of current sentiment, as we’ve been discussing our mid-year outlook with investors this week. There’s a wide range of views out there at the moment, with the noisiness of the data giving everyone something to hang their hat on. In short, it’s the perfect time to step back and debate the longer-term outlook.\nThe most notable aspect of our forecasts, and one of the most contentious areas of debate, is just how much our expectations differ from the prior decade. The post-GFC period was defined by fiscal austerity, low investment, a deleveraging consumer and central banks acting pre-emptively to choke off inflationary risk. Indeed,for all that we associate ‘easy policy’ with the last cycle, the PBOC tightening in 2010, the ECB hiking in 2011 and the Fed hiking in 2015 were all aggressive early moves to nip inflation in the bud.\nOur expectations this time around couldn’t be more different.Fiscal policy is historically expansionary. The consumer in the US, Europe and China is in outstanding shape, with record levels of savings. We see a ‘red-hot capex cycle’ and public and private sector investment increasing. Global real rates are still near all-time lows. As my colleague Chetan Ahya noted in last week’s Sunday Start,fiscal easing, cheap money, a strong consumer and more investment are four powerful cylinders in the proverbial economic engine.\nBut just as notable is the expected policy response. In the face of strong growth, we think that central banks remain unusually standoffish. For the Fed, it’s a focus on still-elevated unemployment, coupled with a recent commitment to average inflation targeting. For the ECB, it’s awareness of a long-running inflation undershoot and memories of the 2011 hikes. For China, it’s taking a more gradual approach to tightening than after the last downturn.\nIn short, it’s a global economy with a lot of gas and few brakes:And if that is so, it means the risk case is different. After a decade where risk often skewed to the downside and the question was what new form of easing would central banks conjure up to fight weakness, the issue now is that growth is good. Hence:\n\nWill the recovery create inflation?\nWill it alter central bank policy?\nWill that lead to margin and tax pressures?\nAnd is good growth already in the price?\n\nIf these are the ‘worries’ that will dominate the next 6-12 months, they won’t apply evenly. For US equities and credit, as well as segments of EM, these concerns will be front and center. But for Europe (and Japan), the questions of excessive valuations, high inflation, a hawkish policy shift or new corporate taxes seem much more distant. Maybe this distinction is obvious, but we think that it still works to Europe’s advantage.\nA hotter cycle could also mean a shorter cycle, and an unusually fast normalization of conditions. Such a scenario disadvantages credit. The asset class sees outstanding early-cycle, post-recession performance as growth recovers and companies focus on survival. But as things heat up, extra growth doesn’t mean any extra income from a corporate bond. On a cross-asset basis, credit underperforms on our new 12-month forecasts, and credit risk premiums look rich relative to other assets.With a change in view from Srikanth Sankaran and our credit strategy team, we’ve downgraded credit to equal-weight.\nFinally, these forecasts invite an even more important structural question. Again, our expectations for strong fiscal, monetary and capital spending and consumer trends are very different from what prevailed over the last decade.Will this mean an exit from the secular stagnation of the post-GFC mindset? If we are right, this should be an increasingly important debate.\nAs we’ve told this story over the last week, opinions, like the weather, have been mixed. We’ve talked to plenty of investors who think it’s finally Europe’s time to shine, and plenty of others who worry it will remain a serial disappointment.One investor described our expectation that the Fed doesn’t hike until 3Q23 as ‘what the Fed wants to do, not what it will do’, while another thought the Fed wouldn’t be able to complete tapering, given market sensitivity to real rates.\nOpinion on the big picture is similarly divided.Indeed, the current debate reminds me quite a bit of 2010, when there was a sharp division between those who expected a rapid return of pre-crisis conditions (higher rates, EM leadership), and those who thought otherwise.As growth and inflation pick up, we expect a trickier summer, but also an ongoing debate around these larger issues. Rain during sunshine could be something we need to get used to.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":826,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139375898,"gmtCreate":1621596889214,"gmtModify":1631884221761,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in.&nbsp;","listText":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in.&nbsp;","text":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139375898","repostId":"2137906351","repostType":4,"isVote":1,"tweetType":1,"viewCount":957,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132480477,"gmtCreate":1622106719299,"gmtModify":1634183795575,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132480477","repostId":"1183894964","repostType":4,"repost":{"id":"1183894964","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622103263,"share":"https://www.laohu8.com/m/news/1183894964?lang=zh_CN&edition=full","pubTime":"2021-05-27 16:14","market":"us","language":"en","title":"LAIX Inc shares once soared 40% in pre-market trading<blockquote>LAIX Inc股价在盘前交易中一度飙升40%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1183894964","media":"Tiger Newspress","summary":"LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited ","content":"<p>LAIX Inc&nbsp;shares&nbsp;once&nbsp;soared&nbsp;40% in pre-market&nbsp;trading,after&nbsp;announcing First Quarter 2021 Unaudited Financial Results.</p><p><blockquote>在公布2021年第一季度未经审计的财务业绩后，LAIX Inc股价在盘前交易中一度飙升40%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/65815d67e0290ec2a066e3f3200d0ec8\" tg-width=\"1283\" tg-height=\"609\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>First Quarter 2021&nbsp;Financial and Operating Highlights</b></p><p><blockquote><b>2021年第一季度财务和运营摘要</b></blockquote></p><p><ul><li>Net income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.</li><li>Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last year.</li><li>Gross billings[1] for the first quarter of 2021 wereRMB154.4 million (US$23.6 million), a 9.8% decrease fromRMB171.1 million for the previous quarter and a 56.2% decrease fromRMB352.7 million for the same quarter last year.</li><li>Net revenues for the first quarter of 2021 wereRMB198.5 million (US$30.3 million), a 15.7% decrease fromRMB235.5 million for the previous quarter and a 13.0% decrease fromRMB228.3 million for the same quarter last year.</li><li>Sales and marketing expenses for the first quarter of 2021 wereRMB92.9 million (US$14.2 million), a 38.2% decrease fromRMB150.4 million for the previous quarter and a 64.9% decrease fromRMB264.7 million for the same quarter last year.</li><li>Operating cash outflow for the first quarter of 2021 wasRMB57.3 million (US$8.7 million), compared withRMB83.3 million for the previous quarter andRMB99.8 million for the same quarter last year.</li><li>Approximately 0.3 million paying users purchased the Company's courses and services for the first quarter of 2021, compared with approximately 0.4 million paying users for the previous quarter and approximately 0.9 million paying users for the same quarter last year, primarily attributable to the Company's stringent cost control in user acquisition expenditures.</li></ul></p><p><blockquote><ul><li>2021年第一季度净利润为人民币1220万元（190万美元），而上一季度净亏损为人民币3470万元，去年同期净亏损为人民币1.97亿元。</li><li>2021年第一季度毛利率为77.6%，上一季度为75.4%，去年同期为65.5%。</li><li>2021年第一季度的总收入[1]为1.544亿元人民币（2360万美元），比上一季度的1.711亿元人民币下降9.8%，比去年同期的3.527亿元人民币下降56.2%。</li><li>2021年第一季度净收入为1.985亿元人民币（3030万美元），比上一季度的2.355亿元人民币下降15.7%，比去年同期的2.283亿元人民币下降13.0%。</li><li>2021年第一季度的销售和营销费用为9290万元人民币（1420万美元），比上一季度的1.504亿元人民币下降38.2%，比去年同期的2.647亿元人民币下降64.9%。</li><li>2021年第一季度经营现金流出为人民币5730万元（870万美元），而上一季度为人民币8330万元，去年同期为人民币9980万元。</li><li>2021年第一季度，约有30万付费用户购买了公司的课程和服务，而上一季度的付费用户约为40万，去年同季度的付费用户约为90万，主要归因于公司在用户获取支出方面的严格成本控制。</li></ul></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>LAIX Inc shares once soared 40% in pre-market trading<blockquote>LAIX Inc股价在盘前交易中一度飙升40%</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; 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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\">2021-05-27 16:14</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>LAIX Inc&nbsp;shares&nbsp;once&nbsp;soared&nbsp;40% in pre-market&nbsp;trading,after&nbsp;announcing First Quarter 2021 Unaudited Financial Results.</p><p><blockquote>在公布2021年第一季度未经审计的财务业绩后，LAIX Inc股价在盘前交易中一度飙升40%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/65815d67e0290ec2a066e3f3200d0ec8\" tg-width=\"1283\" tg-height=\"609\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><b>First Quarter 2021&nbsp;Financial and Operating Highlights</b></p><p><blockquote><b>2021年第一季度财务和运营摘要</b></blockquote></p><p><ul><li>Net income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.</li><li>Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last year.</li><li>Gross billings[1] for the first quarter of 2021 wereRMB154.4 million (US$23.6 million), a 9.8% decrease fromRMB171.1 million for the previous quarter and a 56.2% decrease fromRMB352.7 million for the same quarter last year.</li><li>Net revenues for the first quarter of 2021 wereRMB198.5 million (US$30.3 million), a 15.7% decrease fromRMB235.5 million for the previous quarter and a 13.0% decrease fromRMB228.3 million for the same quarter last year.</li><li>Sales and marketing expenses for the first quarter of 2021 wereRMB92.9 million (US$14.2 million), a 38.2% decrease fromRMB150.4 million for the previous quarter and a 64.9% decrease fromRMB264.7 million for the same quarter last year.</li><li>Operating cash outflow for the first quarter of 2021 wasRMB57.3 million (US$8.7 million), compared withRMB83.3 million for the previous quarter andRMB99.8 million for the same quarter last year.</li><li>Approximately 0.3 million paying users purchased the Company's courses and services for the first quarter of 2021, compared with approximately 0.4 million paying users for the previous quarter and approximately 0.9 million paying users for the same quarter last year, primarily attributable to the Company's stringent cost control in user acquisition expenditures.</li></ul></p><p><blockquote><ul><li>2021年第一季度净利润为人民币1220万元（190万美元），而上一季度净亏损为人民币3470万元，去年同期净亏损为人民币1.97亿元。</li><li>2021年第一季度毛利率为77.6%，上一季度为75.4%，去年同期为65.5%。</li><li>2021年第一季度的总收入[1]为1.544亿元人民币（2360万美元），比上一季度的1.711亿元人民币下降9.8%，比去年同期的3.527亿元人民币下降56.2%。</li><li>2021年第一季度净收入为1.985亿元人民币（3030万美元），比上一季度的2.355亿元人民币下降15.7%，比去年同期的2.283亿元人民币下降13.0%。</li><li>2021年第一季度的销售和营销费用为9290万元人民币（1420万美元），比上一季度的1.504亿元人民币下降38.2%，比去年同期的2.647亿元人民币下降64.9%。</li><li>2021年第一季度经营现金流出为人民币5730万元（870万美元），而上一季度为人民币8330万元，去年同期为人民币9980万元。</li><li>2021年第一季度，约有30万付费用户购买了公司的课程和服务，而上一季度的付费用户约为40万，去年同季度的付费用户约为90万，主要归因于公司在用户获取支出方面的严格成本控制。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183894964","content_text":"LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited Financial Results.First Quarter 2021 Financial and Operating HighlightsNet income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last year.Gross billings[1] for the first quarter of 2021 wereRMB154.4 million (US$23.6 million), a 9.8% decrease fromRMB171.1 million for the previous quarter and a 56.2% decrease fromRMB352.7 million for the same quarter last year.Net revenues for the first quarter of 2021 wereRMB198.5 million (US$30.3 million), a 15.7% decrease fromRMB235.5 million for the previous quarter and a 13.0% decrease fromRMB228.3 million for the same quarter last year.Sales and marketing expenses for the first quarter of 2021 wereRMB92.9 million (US$14.2 million), a 38.2% decrease fromRMB150.4 million for the previous quarter and a 64.9% decrease fromRMB264.7 million for the same quarter last year.Operating cash outflow for the first quarter of 2021 wasRMB57.3 million (US$8.7 million), compared withRMB83.3 million for the previous quarter andRMB99.8 million for the same quarter last year.Approximately 0.3 million paying users purchased the Company's courses and services for the first quarter of 2021, compared with approximately 0.4 million paying users for the previous quarter and approximately 0.9 million paying users for the same quarter last year, primarily attributable to the Company's stringent cost control in user acquisition expenditures.","news_type":1,"symbols_score_info":{"LAIX":0.9}},"isVote":1,"tweetType":1,"viewCount":1221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139106243,"gmtCreate":1621597510482,"gmtModify":1634187780505,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"I’m going to buy this stock when the stock market crashes. [Cool]&nbsp;","listText":"I’m going to buy this stock when the stock market crashes. [Cool]&nbsp;","text":"I’m going to buy this stock when the stock market crashes. [Cool]","images":[{"img":"https://static.tigerbbs.com/8e51b937f4ca5244967d806c70aa4c29","width":"1125","height":"2425"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139106243","isVote":1,"tweetType":1,"viewCount":809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":139108433,"gmtCreate":1621597439222,"gmtModify":1634187780727,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"I smell $TSLA","listText":"I smell $TSLA","text":"I smell $TSLA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139108433","repostId":"1139572292","repostType":4,"isVote":1,"tweetType":1,"viewCount":1074,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139394171,"gmtCreate":1621589953493,"gmtModify":1634187837082,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","listText":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","text":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139394171","isVote":1,"tweetType":1,"viewCount":1024,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}