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李欧8886

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2021-11-28

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2015年底与2018年底的美股调整，会重现吗?

2021-11-21

grab👍

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SPAC Altimeter Growth jumps after setting vote date for Grab deal

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Opendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21

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Put these 10 stocks on your radar because they may rebound from recent tax-loss selling

2021-11-01

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抱歉，原内容已删除

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$英特尔(INTC)$🙈🙈🙈

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最具价值中国品牌排行榜深圳三家企业进前十

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华尔街头号死敌！SEC主席的雷霆手段正全面出击

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2021-09-30

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英特尔锐炫会动谁的蛋糕？

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$Opendoor Technologies Inc(OPEN)$小试

2021-09-23

继续持有

抱歉，原内容已删除

2021-09-18

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08:35","market":"us","language":"zh","title":"2015年底与2018年底的美股调整，会重现吗?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150186665","media":"静观金融","summary":"未来1-2个月美股有可能出现超过15%的调整。","content":"<p>作者：张静静</p>\n<p><b>摘要</b></p>\n<p><b>美股为何在2015年底与2018年底出现调整？</b>经济放缓叠加过于强烈的加息预期。2015年11月3日至2016年2月11日期间标普500指数下挫13.3%，2018年10月1日至12月24日期间标普500指数下挫19.6%。这两次调整背后存在相似的宏观背景：经济放缓叠加过于强烈的加息预期。2015年Q4美国实际GDP环比折年率放缓至0.6%。在此背景下，美联储不仅在2015年12月议息会议上落地了加息靴子，并且向市场传递了2016年美联储还将加息4次的前瞻指引。与2015年Q4情况类似，2018年Q4美国实际GDP环比折年率降至0.9%。与此同时，美联储在2018年加息4次，且2018年9月美联储议息会议点阵图暗示2019年仍有2-3次加息，10年期美债收益率又在11月8日升至3.24%。</p>\n<p><b>为什么2018年Q4美国经济增速高于2015年Q4，但美股跌幅却大于2015年Q4？</b>因为2018年Q4美股估值和无风险利率水平亦同时偏高。换言之，2015年Q4与2018年Q4美股下跌的核心原因是经济放缓，但是过于强烈的加息预期是美股调整的催化剂，调整幅度则取决于美股估值与无风险利率水平及其变化。</p>\n<p><b>当前美股的风险点：新的变异病毒与过于强烈的加息预期。</b>11月24日美国亚特兰大联储预计Q4美国实际GDP环比折年率为8.6%，远高于Q3的实际值为2.1%，而此前对美国经济的乐观预期或已部分反映在美股走势中。但是事情可能出现了一些变化。近期全球出现了一种代号为B.1.1.529的新冠病毒，或较delta菌株有更高的传染性。在该病毒被关注后，周五海外市场出现了明显的担忧。此外，与经济下行担忧共存的是处于1930年以来次高水位的标普500指数10年席勒周期调整市盈率以及明年加息3次的市场预期。当前美股面临的经济放缓预期以及过于强烈的加息预期与2015年底及2018年底极为类似，加上估值过高，预计未来1-2个月美股有可能出现超过15%的调整。</p>\n<p><b>美股会不会进入熊市？</b>不会的，加息预期降温后美股将再度企稳。首先，只要美国不再重新防疫封锁，经济出现超预期、大幅下行的概率仍然不是很高。此外，2016年初与2018年底美股调整后美联储立即调降了加息预期，随着货币政策态度转鸽，美股也逐步企稳、转涨。当前极为强烈的加息预期反而可能是美联储的筹码，一旦市场出现较大的下行风险，调降加息预期就能达到“安全垫”作用、缓解市场压力。总体而言，我们预计未来1-2月标普500指数或有超过15%(超过2015年底的调整幅度)的调整。但随后美联储有望通过打压加息预期的方式对冲市场风险，令美股再度企稳。</p>\n<p><b>正文</b></p>\n<p>一、美股为何在2015年底与2018年底出现调整?</p>\n<p>2015年11月3日至2016年2月11日期间标普500指数下挫13.3%，2018年10月1日至12月24日期间标普500指数下挫19.6%。除了均在Q4急跌外，2015年与2018年标普500指数走势还有一个共性：年度收跌。那么，这种数据共性的背后是否存在相似的宏观因素驱动?答案是肯定的：经济放缓叠加加息预期过于强烈。</p>\n<p>如图2所示，2015年Q4美国实际GDP环比折年率放缓至0.6%，为2014年Q1后最低水平。在此背景下，美联储不仅在2015年12月议息会议上落地了加息靴子，并且通过点阵图向市场传递了2016年美联储还将加息4次的前瞻指引。</p>\n<p><img src=\"https://static.tigerbbs.com/ed149e18b0244a9edbe1b472c8cde6b8\" tg-width=\"1080\" tg-height=\"570\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/7b3cc12f7c55859ab1d56e83483eca6f\" tg-width=\"711\" tg-height=\"541\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/40681ea068596f6d9b62a41c74d9bec9\" tg-width=\"711\" tg-height=\"529\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/4938271edbf46beaa722b206ff1cebd3\" tg-width=\"1055\" tg-height=\"758\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>与2015年Q4情况类似，2018年Q4美国实际GDP环比折年率降至0.9%，创下三年新低。与此同时，美联储在2018年加息4次，且在原油价格大涨的助推下，2018年10月初10年期美债收益率攀升至3.23%，创下2011年5月后最高。不仅如此，2018年9月美联储议息会议点阵图暗示2019年仍有2-3次加息(图5)，这使得油价回落后，10年期美债收益率又在11月8日升至3.24%。</p>\n<p><img src=\"https://static.tigerbbs.com/701ed648edf1b98d8250e98d4be8e422\" tg-width=\"959\" tg-height=\"761\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>那么，为什么2018年Q4美国经济增速高于2015年Q4，但美股跌幅亦大于2015年Q4?因为估值和无风险利率水平亦同时偏高。换言之，我们认为2015年Q4与2018年Q4美股下跌的核心原因是经济放缓，但是过于强烈的加息预期则是美股调整的催化剂，而调整幅度取决于美股估值与无风险利率水平及其变化。</p>\n<p><img src=\"https://static.tigerbbs.com/0d66745bbd4ec62635577332482b6aa4\" tg-width=\"964\" tg-height=\"569\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>二、新的变异病毒与过于强烈的加息预期</p>\n<p>(一)代号为B.1.1.529的新冠病毒引发关注，市场或开始为经济放缓定价</p>\n<p>我们在10月31日报告《美国经济会衰退吗?》中指出，Delta病毒对疫情的影响降温、美国财政补贴结束推动就业意愿回升以及特效药问世等因素共振下，Q4美国经济将显著好于Q3。11月24日美国亚特兰大联储预计Q4美国实际GDP环比折年率为8.6%，远高于Q3的实际值为2.1%。</p>\n<p>但是事情可能出现了一些变化。近期全球出现了一种代号为B.1.1.529的新冠病毒，有更多的“刺突蛋白”突变，这意味着它可能会阻碍身体的免疫反应，更容易传播。相比之下，具有高传染性的delta菌株，在其刺突蛋白结构上只有几个突变，就已经使得delta毒株比以往的菌株更擅长粘附在宿主上。最近几周南非每天新增确诊病例仅200多例，但本周四激增至2465例，可能与此有关[3]。</p>\n<p>在该病毒被关注后，周五海外市场出现了明显的担忧：欧盘阶段德国DAX股指大跌，同期原油、美债收益率也均大幅下行。可见，市场正在为该病毒的潜在风险以及全球经济再度放缓定价。</p>\n<p><img src=\"https://static.tigerbbs.com/585022f5d77aefccede5d43c4b613104\" tg-width=\"959\" tg-height=\"717\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>(二)高估值的美股与过于强烈的加息预期会不会成为美股调整的催化剂?</p>\n<p>与经济下行担忧共存在是处于1930年以来次高水位的标普500指数10年席勒周期调整市盈率(图8)以及明年加息3次的市场预期(图9)。我们认为当前美股面临的经济放缓预期以及过于强烈的加息预期与2015年底及2018年底极为类似，由于估值过高，因此，未来1-2个月美股有可能出现超过15%的调整。</p>\n<p><img src=\"https://static.tigerbbs.com/6e3f4b51e5dacf614ffcf7bde3cbb45c\" tg-width=\"962\" tg-height=\"605\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/795b3050314d46416c587243963413e1\" tg-width=\"961\" tg-height=\"612\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>三、美股会不会进入熊市?不会的，加息预期降温后美股将再度企稳</p>\n<p>首先，只要美国不再重新防疫封锁，经济出现超预期、大幅下行的概率仍然不是很高。此外，2016年初(图10)与2018年底(图11)美股调整后美联储立即调降了加息预期，随着货币政策态度转鸽，美股也逐步企稳、转涨。我们一直认为明年中期选举前美联储并不会落地加息靴子，而当前极为强烈的加息预期反而成为美联储的对冲筹码，一旦市场出现较大的下行风险，调降加息预期就能达到“安全垫”的作用并缓解市场压力。</p>\n<p>由于此前市场对Q4及明年美国经济极为乐观，而新变异病毒的出现大概率将引发市场对于美国乃至全球经济放缓的担忧，因此这种预期差极有可能触发美股调整。加上极高的估值与明年加息3次的预期催化，预计未来1-2月标普500指数或有超过15%(超过2015年底的调整幅度)的调整。但随后美联储有望通过打压加息预期的方式对冲市场风险，令美股再度企稳。</p>\n<p><img src=\"https://static.tigerbbs.com/974b4b06b66bf97f08431cece5211d04\" tg-width=\"966\" tg-height=\"642\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/4dca50ea16f3c1fb391d12a4650dca5e\" tg-width=\"822\" tg-height=\"717\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>","source":"lsy1571618842096","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>2015年底与2018年底的美股调整，会重现吗?</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; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2015年底与2018年底的美股调整，会重现吗?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-27 08:35 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.zhitongcaijing.com/content/detail/610638.html><strong>静观金融</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>作者：张静静\n摘要\n美股为何在2015年底与2018年底出现调整？经济放缓叠加过于强烈的加息预期。2015年11月3日至2016年2月11日期间标普500指数下挫13.3%，2018年10月1日至12月24日期间标普500指数下挫19.6%。这两次调整背后存在相似的宏观背景：经济放缓叠加过于强烈的加息预期。2015年Q4美国实际GDP环比折年率放缓至0.6%。在此背景下，美联储不仅在2015年12...</p>\n\n<a href=\"https://www.zhitongcaijing.com/content/detail/610638.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/02ad453d1404f80bdd57419bc97bfad5","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.zhitongcaijing.com/content/detail/610638.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150186665","content_text":"作者：张静静\n摘要\n美股为何在2015年底与2018年底出现调整？经济放缓叠加过于强烈的加息预期。2015年11月3日至2016年2月11日期间标普500指数下挫13.3%，2018年10月1日至12月24日期间标普500指数下挫19.6%。这两次调整背后存在相似的宏观背景：经济放缓叠加过于强烈的加息预期。2015年Q4美国实际GDP环比折年率放缓至0.6%。在此背景下，美联储不仅在2015年12月议息会议上落地了加息靴子，并且向市场传递了2016年美联储还将加息4次的前瞻指引。与2015年Q4情况类似，2018年Q4美国实际GDP环比折年率降至0.9%。与此同时，美联储在2018年加息4次，且2018年9月美联储议息会议点阵图暗示2019年仍有2-3次加息，10年期美债收益率又在11月8日升至3.24%。\n为什么2018年Q4美国经济增速高于2015年Q4，但美股跌幅却大于2015年Q4？因为2018年Q4美股估值和无风险利率水平亦同时偏高。换言之，2015年Q4与2018年Q4美股下跌的核心原因是经济放缓，但是过于强烈的加息预期是美股调整的催化剂，调整幅度则取决于美股估值与无风险利率水平及其变化。\n当前美股的风险点：新的变异病毒与过于强烈的加息预期。11月24日美国亚特兰大联储预计Q4美国实际GDP环比折年率为8.6%，远高于Q3的实际值为2.1%，而此前对美国经济的乐观预期或已部分反映在美股走势中。但是事情可能出现了一些变化。近期全球出现了一种代号为B.1.1.529的新冠病毒，或较delta菌株有更高的传染性。在该病毒被关注后，周五海外市场出现了明显的担忧。此外，与经济下行担忧共存的是处于1930年以来次高水位的标普500指数10年席勒周期调整市盈率以及明年加息3次的市场预期。当前美股面临的经济放缓预期以及过于强烈的加息预期与2015年底及2018年底极为类似，加上估值过高，预计未来1-2个月美股有可能出现超过15%的调整。\n美股会不会进入熊市？不会的，加息预期降温后美股将再度企稳。首先，只要美国不再重新防疫封锁，经济出现超预期、大幅下行的概率仍然不是很高。此外，2016年初与2018年底美股调整后美联储立即调降了加息预期，随着货币政策态度转鸽，美股也逐步企稳、转涨。当前极为强烈的加息预期反而可能是美联储的筹码，一旦市场出现较大的下行风险，调降加息预期就能达到“安全垫”作用、缓解市场压力。总体而言，我们预计未来1-2月标普500指数或有超过15%(超过2015年底的调整幅度)的调整。但随后美联储有望通过打压加息预期的方式对冲市场风险，令美股再度企稳。\n正文\n一、美股为何在2015年底与2018年底出现调整?\n2015年11月3日至2016年2月11日期间标普500指数下挫13.3%，2018年10月1日至12月24日期间标普500指数下挫19.6%。除了均在Q4急跌外，2015年与2018年标普500指数走势还有一个共性：年度收跌。那么，这种数据共性的背后是否存在相似的宏观因素驱动?答案是肯定的：经济放缓叠加加息预期过于强烈。\n如图2所示，2015年Q4美国实际GDP环比折年率放缓至0.6%，为2014年Q1后最低水平。在此背景下，美联储不仅在2015年12月议息会议上落地了加息靴子，并且通过点阵图向市场传递了2016年美联储还将加息4次的前瞻指引。\n\n与2015年Q4情况类似，2018年Q4美国实际GDP环比折年率降至0.9%，创下三年新低。与此同时，美联储在2018年加息4次，且在原油价格大涨的助推下，2018年10月初10年期美债收益率攀升至3.23%，创下2011年5月后最高。不仅如此，2018年9月美联储议息会议点阵图暗示2019年仍有2-3次加息(图5)，这使得油价回落后，10年期美债收益率又在11月8日升至3.24%。\n\n那么，为什么2018年Q4美国经济增速高于2015年Q4，但美股跌幅亦大于2015年Q4?因为估值和无风险利率水平亦同时偏高。换言之，我们认为2015年Q4与2018年Q4美股下跌的核心原因是经济放缓，但是过于强烈的加息预期则是美股调整的催化剂，而调整幅度取决于美股估值与无风险利率水平及其变化。\n\n二、新的变异病毒与过于强烈的加息预期\n(一)代号为B.1.1.529的新冠病毒引发关注，市场或开始为经济放缓定价\n我们在10月31日报告《美国经济会衰退吗?》中指出，Delta病毒对疫情的影响降温、美国财政补贴结束推动就业意愿回升以及特效药问世等因素共振下，Q4美国经济将显著好于Q3。11月24日美国亚特兰大联储预计Q4美国实际GDP环比折年率为8.6%，远高于Q3的实际值为2.1%。\n但是事情可能出现了一些变化。近期全球出现了一种代号为B.1.1.529的新冠病毒，有更多的“刺突蛋白”突变，这意味着它可能会阻碍身体的免疫反应，更容易传播。相比之下，具有高传染性的delta菌株，在其刺突蛋白结构上只有几个突变，就已经使得delta毒株比以往的菌株更擅长粘附在宿主上。最近几周南非每天新增确诊病例仅200多例，但本周四激增至2465例，可能与此有关[3]。\n在该病毒被关注后，周五海外市场出现了明显的担忧：欧盘阶段德国DAX股指大跌，同期原油、美债收益率也均大幅下行。可见，市场正在为该病毒的潜在风险以及全球经济再度放缓定价。\n\n(二)高估值的美股与过于强烈的加息预期会不会成为美股调整的催化剂?\n与经济下行担忧共存在是处于1930年以来次高水位的标普500指数10年席勒周期调整市盈率(图8)以及明年加息3次的市场预期(图9)。我们认为当前美股面临的经济放缓预期以及过于强烈的加息预期与2015年底及2018年底极为类似，由于估值过高，因此，未来1-2个月美股有可能出现超过15%的调整。\n\n三、美股会不会进入熊市?不会的，加息预期降温后美股将再度企稳\n首先，只要美国不再重新防疫封锁，经济出现超预期、大幅下行的概率仍然不是很高。此外，2016年初(图10)与2018年底(图11)美股调整后美联储立即调降了加息预期，随着货币政策态度转鸽，美股也逐步企稳、转涨。我们一直认为明年中期选举前美联储并不会落地加息靴子，而当前极为强烈的加息预期反而成为美联储的对冲筹码，一旦市场出现较大的下行风险，调降加息预期就能达到“安全垫”的作用并缓解市场压力。\n由于此前市场对Q4及明年美国经济极为乐观，而新变异病毒的出现大概率将引发市场对于美国乃至全球经济放缓的担忧，因此这种预期差极有可能触发美股调整。加上极高的估值与明年加息3次的预期催化，预计未来1-2月标普500指数或有超过15%(超过2015年底的调整幅度)的调整。但随后美联储有望通过打压加息预期的方式对冲市场风险，令美股再度企稳。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872862016,"gmtCreate":1637477595939,"gmtModify":1637477596014,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"grab👍","listText":"grab👍","text":"grab👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872862016","repostId":"1143065747","repostType":2,"repost":{"id":"1143065747","kind":"news","pubTimestamp":1637383902,"share":"https://ttm.financial/m/news/1143065747?lang=&edition=full","pubTime":"2021-11-20 12:51","market":"us","language":"en","title":"SPAC Altimeter Growth jumps after setting vote date for Grab deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1143065747","media":"Seeking Alpha","summary":"SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal t","content":"<p><a href=\"https://laohu8.com/S/AGC\">SPAC Altimeter Growth Corp. </a> rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.</p>\n<p><img src=\"https://static.tigerbbs.com/459798d9c6d2d0c428941e1ee2937f4b\" tg-width=\"894\" tg-height=\"635\" width=\"100%\" height=\"auto\"></p>\n<p>Brad Gerstner's AGC announced that that the SEC declared effective the Form F-4 registration statement of Grab Holdings, according to a release.</p>\n<p>Grab is Southeast Asia's most valuable startup and is set to undergo a merger with Altimeter (AGC) at a valuation of $40B in the fourth quarter, pushed back after a delay.</p>\n<p>The deal is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. A public debut from Grab will offer investors access to a regional consumer market of more than 655M people across countries including Indonesia, Thailand and Vietnam.</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>SPAC Altimeter Growth jumps after setting vote date for Grab deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Altimeter Growth jumps after setting vote date for Grab deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-20 12:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.\n\nBrad Gerstner's AGC announced that that the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143065747","content_text":"SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.\n\nBrad Gerstner's AGC announced that that the SEC declared effective the Form F-4 registration statement of Grab Holdings, according to a release.\nGrab is Southeast Asia's most valuable startup and is set to undergo a merger with Altimeter (AGC) at a valuation of $40B in the fourth quarter, pushed back after a delay.\nThe deal is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. A public debut from Grab will offer investors access to a regional consumer market of more than 655M people across countries including Indonesia, Thailand and Vietnam.","news_type":1,"symbols_score_info":{"AGC":0.9}},"isVote":1,"tweetType":1,"viewCount":1540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872959865,"gmtCreate":1637401583260,"gmtModify":1637401583371,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/872959865","repostId":"1143065747","repostType":2,"repost":{"id":"1143065747","kind":"news","pubTimestamp":1637383902,"share":"https://ttm.financial/m/news/1143065747?lang=&edition=full","pubTime":"2021-11-20 12:51","market":"us","language":"en","title":"SPAC Altimeter Growth jumps after setting vote date for Grab deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1143065747","media":"Seeking Alpha","summary":"SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal t","content":"<p><a href=\"https://laohu8.com/S/AGC\">SPAC Altimeter Growth Corp. </a> rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.</p>\n<p><img src=\"https://static.tigerbbs.com/459798d9c6d2d0c428941e1ee2937f4b\" tg-width=\"894\" tg-height=\"635\" width=\"100%\" height=\"auto\"></p>\n<p>Brad Gerstner's AGC announced that that the SEC declared effective the Form F-4 registration statement of Grab Holdings, according to a release.</p>\n<p>Grab is Southeast Asia's most valuable startup and is set to undergo a merger with Altimeter (AGC) at a valuation of $40B in the fourth quarter, pushed back after a delay.</p>\n<p>The deal is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. A public debut from Grab will offer investors access to a regional consumer market of more than 655M people across countries including Indonesia, Thailand and Vietnam.</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>SPAC Altimeter Growth jumps after setting vote date for Grab deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Altimeter Growth jumps after setting vote date for Grab deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-20 12:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.\n\nBrad Gerstner's AGC announced that that the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143065747","content_text":"SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.\n\nBrad Gerstner's AGC announced that that the SEC declared effective the Form F-4 registration statement of Grab Holdings, according to a release.\nGrab is Southeast Asia's most valuable startup and is set to undergo a merger with Altimeter (AGC) at a valuation of $40B in the fourth quarter, pushed back after a delay.\nThe deal is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. A public debut from Grab will offer investors access to a regional consumer market of more than 655M people across countries including Indonesia, Thailand and Vietnam.","news_type":1,"symbols_score_info":{"AGC":0.9}},"isVote":1,"tweetType":1,"viewCount":1709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870646347,"gmtCreate":1636616600924,"gmtModify":1636616603513,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870646347","repostId":"2182445058","repostType":2,"repost":{"id":"2182445058","kind":"highlight","weMediaInfo":{"introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"media_name":"GlobeNewswire","id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"pubTimestamp":1636589038,"share":"https://ttm.financial/m/news/2182445058?lang=&edition=full","pubTime":"2021-11-11 08:03","market":"us","language":"en","title":"Opendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21","url":"https://stock-news.laohu8.com/highlight/detail?id=2182445058","media":"GlobeNewswire","summary":"Opendoor Technologies Inc , a leading digital platform for residential real estate, today reported f","content":"<p><a href=\"https://laohu8.com/S/OPEN\">Opendoor Technologies Inc</a>&nbsp;, a leading digital platform for residential real estate, today reported financial results for its quarter ended September&nbsp;30, 2021. Opendoor’s third quarter 2021 financial results and management commentary can be accessed through the Company’s shareholder letter on the quarterly results page of Opendoor’s investor relations website at https://investor.opendoor.com.</p>\n<p>“Over the years, I am often asked whether our vision and strategy has changed. The short answer is no - we have always been focused on making it possible to buy, sell, and move at the tap of a button. In our view, the end state for the real estate marketplace will inevitably be a simple, certain, and fast transaction powered by technology. It is just a matter of when. So we have been consistently focused on investing in that future experience, piece by piece, with the consumer in mind at every step. We take great pride in doing the hard work to execute with excellence in our consumer experience, technology, business performance, and company culture. This is what sets us apart,” said Eric Wu, Co-Founder and CEO of Opendoor. “Our third quarter results are the byproduct of our focus on the consumer experience and strong, consistent execution. We exceeded our expectations in generating $2.3&nbsp;billion of revenue, acquiring 15,181 homes, and delivering over $170&nbsp;million of Contribution Profit and $35&nbsp;million of Adjusted EBITDA.”</p>\n<p><b>Third Quarter 2021 Key Highlights</b></p>\n<p>Unless otherwise stated, all comparisons are on a quarter-over-quarter basis. We believe that sequential comparisons better reflect our underlying growth trends given our decision to pause home acquisitions and actively sell through our inventory last year due to COVID-19.</p>\n<ul>\n <li>Revenue of $2.3&nbsp;billion, up 91% versus 2Q21, with 5,988 total homes sold, up 72% versus 2Q21</li>\n <li>Gross profit of $202&nbsp;million, versus $159&nbsp;million in 2Q21; gross margin of 8.9%, versus 13.4% in 2Q21</li>\n <li>Net income of $(57)&nbsp;million, versus $(144)&nbsp;million in 2Q21</li>\n <li>Adjusted Net Income of $(17)&nbsp;million, versus $2&nbsp;million in 2Q21</li>\n <li>Contribution Profit of $170&nbsp;million, versus $128&nbsp;million in 2Q21; Contribution Margin of 7.5%, versus 10.8% in 2Q21</li>\n <li>Adjusted EBITDA of $35 million versus $26 million in 2Q21; Adjusted EBITDA Margin of 1.5% versus 2.2% in 2Q21</li>\n <li>Expanded to 44 markets at the end of 3Q21 with 5 new market launches</li>\n <li>Purchased 15,181 homes, up 79% versus 2Q21</li>\n <li>Grew inventory balance to 17,164 homes, representing $6.3 billion in value, up 130% versus 2Q21</li>\n</ul>\n<p><b>Outlook</b></p>\n<ul>\n <li>4Q21 revenue guidance of $3.1&nbsp;billion - $3.2&nbsp;billion</li>\n <li>4Q21 Adjusted EBITDA1 guidance of ($5)&nbsp;million - $5&nbsp;million<img src=\"https://static.tigerbbs.com/05d7779e620cc1630ccc7ad04272a020\" tg-width=\"883\" tg-height=\"634\" referrerpolicy=\"no-referrer\"></li>\n</ul>","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>Opendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time\">2021-11-11 08:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/OPEN\">Opendoor Technologies Inc</a>&nbsp;, a leading digital platform for residential real estate, today reported financial results for its quarter ended September&nbsp;30, 2021. Opendoor’s third quarter 2021 financial results and management commentary can be accessed through the Company’s shareholder letter on the quarterly results page of Opendoor’s investor relations website at https://investor.opendoor.com.</p>\n<p>“Over the years, I am often asked whether our vision and strategy has changed. The short answer is no - we have always been focused on making it possible to buy, sell, and move at the tap of a button. In our view, the end state for the real estate marketplace will inevitably be a simple, certain, and fast transaction powered by technology. It is just a matter of when. So we have been consistently focused on investing in that future experience, piece by piece, with the consumer in mind at every step. We take great pride in doing the hard work to execute with excellence in our consumer experience, technology, business performance, and company culture. This is what sets us apart,” said Eric Wu, Co-Founder and CEO of Opendoor. “Our third quarter results are the byproduct of our focus on the consumer experience and strong, consistent execution. We exceeded our expectations in generating $2.3&nbsp;billion of revenue, acquiring 15,181 homes, and delivering over $170&nbsp;million of Contribution Profit and $35&nbsp;million of Adjusted EBITDA.”</p>\n<p><b>Third Quarter 2021 Key Highlights</b></p>\n<p>Unless otherwise stated, all comparisons are on a quarter-over-quarter basis. We believe that sequential comparisons better reflect our underlying growth trends given our decision to pause home acquisitions and actively sell through our inventory last year due to COVID-19.</p>\n<ul>\n <li>Revenue of $2.3&nbsp;billion, up 91% versus 2Q21, with 5,988 total homes sold, up 72% versus 2Q21</li>\n <li>Gross profit of $202&nbsp;million, versus $159&nbsp;million in 2Q21; gross margin of 8.9%, versus 13.4% in 2Q21</li>\n <li>Net income of $(57)&nbsp;million, versus $(144)&nbsp;million in 2Q21</li>\n <li>Adjusted Net Income of $(17)&nbsp;million, versus $2&nbsp;million in 2Q21</li>\n <li>Contribution Profit of $170&nbsp;million, versus $128&nbsp;million in 2Q21; Contribution Margin of 7.5%, versus 10.8% in 2Q21</li>\n <li>Adjusted EBITDA of $35 million versus $26 million in 2Q21; Adjusted EBITDA Margin of 1.5% versus 2.2% in 2Q21</li>\n <li>Expanded to 44 markets at the end of 3Q21 with 5 new market launches</li>\n <li>Purchased 15,181 homes, up 79% versus 2Q21</li>\n <li>Grew inventory balance to 17,164 homes, representing $6.3 billion in value, up 130% versus 2Q21</li>\n</ul>\n<p><b>Outlook</b></p>\n<ul>\n <li>4Q21 revenue guidance of $3.1&nbsp;billion - $3.2&nbsp;billion</li>\n <li>4Q21 Adjusted EBITDA1 guidance of ($5)&nbsp;million - $5&nbsp;million<img src=\"https://static.tigerbbs.com/05d7779e620cc1630ccc7ad04272a020\" tg-width=\"883\" tg-height=\"634\" referrerpolicy=\"no-referrer\"></li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OPEN":"Opendoor Technologies Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2182445058","content_text":"Opendoor Technologies Inc , a leading digital platform for residential real estate, today reported financial results for its quarter ended September 30, 2021. Opendoor’s third quarter 2021 financial results and management commentary can be accessed through the Company’s shareholder letter on the quarterly results page of Opendoor’s investor relations website at https://investor.opendoor.com.\n“Over the years, I am often asked whether our vision and strategy has changed. The short answer is no - we have always been focused on making it possible to buy, sell, and move at the tap of a button. In our view, the end state for the real estate marketplace will inevitably be a simple, certain, and fast transaction powered by technology. It is just a matter of when. So we have been consistently focused on investing in that future experience, piece by piece, with the consumer in mind at every step. We take great pride in doing the hard work to execute with excellence in our consumer experience, technology, business performance, and company culture. This is what sets us apart,” said Eric Wu, Co-Founder and CEO of Opendoor. “Our third quarter results are the byproduct of our focus on the consumer experience and strong, consistent execution. We exceeded our expectations in generating $2.3 billion of revenue, acquiring 15,181 homes, and delivering over $170 million of Contribution Profit and $35 million of Adjusted EBITDA.”\nThird Quarter 2021 Key Highlights\nUnless otherwise stated, all comparisons are on a quarter-over-quarter basis. We believe that sequential comparisons better reflect our underlying growth trends given our decision to pause home acquisitions and actively sell through our inventory last year due to COVID-19.\n\nRevenue of $2.3 billion, up 91% versus 2Q21, with 5,988 total homes sold, up 72% versus 2Q21\nGross profit of $202 million, versus $159 million in 2Q21; gross margin of 8.9%, versus 13.4% in 2Q21\nNet income of $(57) million, versus $(144) million in 2Q21\nAdjusted Net Income of $(17) million, versus $2 million in 2Q21\nContribution Profit of $170 million, versus $128 million in 2Q21; Contribution Margin of 7.5%, versus 10.8% in 2Q21\nAdjusted EBITDA of $35 million versus $26 million in 2Q21; Adjusted EBITDA Margin of 1.5% versus 2.2% in 2Q21\nExpanded to 44 markets at the end of 3Q21 with 5 new market launches\nPurchased 15,181 homes, up 79% versus 2Q21\nGrew inventory balance to 17,164 homes, representing $6.3 billion in value, up 130% versus 2Q21\n\nOutlook\n\n4Q21 revenue guidance of $3.1 billion - $3.2 billion\n4Q21 Adjusted EBITDA1 guidance of ($5) million - $5 million","news_type":1,"symbols_score_info":{"OPEN":0.9}},"isVote":1,"tweetType":1,"viewCount":1457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841129290,"gmtCreate":1635897061528,"gmtModify":1635897061655,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"👍👍👍💪💪💪","listText":"👍👍👍💪💪💪","text":"👍👍👍💪💪💪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841129290","repostId":"1196323855","repostType":2,"repost":{"id":"1196323855","kind":"news","pubTimestamp":1635835644,"share":"https://ttm.financial/m/news/1196323855?lang=&edition=full","pubTime":"2021-11-02 14:47","market":"us","language":"en","title":"Put these 10 stocks on your radar because they may rebound from recent tax-loss selling","url":"https://stock-news.laohu8.com/highlight/detail?id=1196323855","media":"MarketWatch","summary":"Professional investors tend to dump some of their losers by the end of October, creating greater value in some stocks. Big investors just finished their tax-loss selling. So it’s time to root through the wreckage to find bargains to buy.This trade consistently works well because mutual funds and other large investors have to realize their tax losses by Oct. 31. After that, the stocks that they hammered tend to outperform.Since 1986, S&P 500 stocks down more than 10% in the first 10 months of the","content":"<p>Professional investors tend to dump some of their losers by the end of October, creating greater value in some stocks</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2bf4db267085a8c096970906864e7ff\" tg-width=\"700\" tg-height=\"434\" referrerpolicy=\"no-referrer\"><span>Photo by Jack Atley/ALLSPORT/Getty Images</span></p>\n<p>Big investors just finished their tax-loss selling. So it’s time to root through the wreckage to find bargains to buy.</p>\n<p>This trade consistently works well because mutual funds and other large investors have to realize their tax losses by Oct. 31. After that, the stocks that they hammered tend to outperform.</p>\n<p>By how much?</p>\n<p>Since 1986, S&amp;P 500&nbsp;stocks down more than 10% in the first 10 months of the year (the top tax-loss selling candidates) rose 5.6% over the subsequent three months, according to Bank of America. That’s 1.6 percentage point outperformance relative to the S&amp;P 500’s average return of 3.9% during the same time.</p>\n<p>After tax-loss selling, these stocks can get a boost from seasonally bullish market tailwinds. During Nov. 1 through Jan. 31, the S&amp;P 500 has averaged 4.5% gains since 1936, compared with 2.9% for all other rolling&nbsp;three-month periods, says Bank of America.</p>\n<p>Institutional investors have been big sellers of stock in recent weeks, and they’ve leaned heavily on their tax-loss selling candidates. To find the best bargains, Bank of America screened the S&amp;P 500 for stocks with&nbsp;year-to-date (YTD) declines greater than 10%. Then the bank suggested clients consider the 13 it has buy ratings on. That list includes Global Payments,Viatris,Incyte,Qualcomm&nbsp;and T-Mobile.</p>\n<p>I’ll take a different approach. I’ll favor names that are down a lot where insiders were recently buying a meaningful amount of stock — based on my system of analyzing insider purchases at my stock letter Brush Up on Stocks. (You can find the link to my letter in the bio below.)</p>\n<p>The significant insider buying suggests that business trends will support stock gains from early November and beyond. I recently suggested 22 of these names in my stock letter. Here are five to consider.</p>\n<p><b>Intel; recent price: $48.25</b></p>\n<p><b>Stock decline</b>: -3.1% YTD; -29.5% from 2021 high</p>\n<p><b>Latest insider purchase</b>: 10/25/21</p>\n<p><b>Yield</b>: 2.9%</p>\n<p>Intel stock cracked in late October even though the company posted decent results and beat estimates, thanks to sales strength in data centers, the so-called Internet of Things and Mobileye (self-driving cars). The problem: Intel announced aggressive capital spending that will hurt margins.</p>\n<p>Personally, I like companies that invest in their future, especially when the news makes their shares cheaper. Insiders agree, given their large buying. The Intel stock decline this year means virtually anyone who bought in 2021 has a losing position. No doubt many of them were selling in late October to realize tax losses, compounding the stock weakness caused by the bullish capital-spending news.</p>\n<p><b>MercadoLibre; recent price: $1,512</b></p>\n<p><b>Stock decline</b>: -7.8% YTD; -23.5% from 2021 high</p>\n<p><b>Latest insider purchases</b>: 8/18/21</p>\n<p><b>Yield</b>: None</p>\n<p>This online retailer in Latin America is having a good year. Sales were up over 100% in the second quarter compared to the year before. Its user base grew 47% to 75.9 million shoppers. The stock has soared into the $1,800 to $2,000 range twice this year. But it’s been weak lately, along with a lot of large-cap tech. Anybody who bought the spikes this year was down quite a bit in late October and probably selling to reap tax losses.</p>\n<p>But insiders are bullish, and why not? Online retail adoption is behind in Latin America, so it has plenty of growth ahead just to catch up with the rest of the world. It will catch up. The growth in distribution centers and last-mile hubs in Latin America supports the trend. The research group eMarketer says Latin America will post the fastest annual e-commerce sales growth in the world over the next several years — about 10 percentage points higher than the global average.</p>\n<p><b>Krispy Kreme; recent price: $12.86</b></p>\n<p><b>Stock decline</b>: -17.7% YTD; -38.9% from 2021 high</p>\n<p><b>Latest insider purchases</b>: 8/19/21 to 9/10/21</p>\n<p><b>Yield</b>: 1.1%</p>\n<p>Krispy Kreme debuted as a stock again in early July in the $16 to $21 range. The stock now trades at $12.89, virtually at the all-time lows. This means any funds that purchased are underwater. Many of them were no doubt looking to realize tax losses.</p>\n<p>But there are several reasons to be bullish. One is big buying by JAB Holding, a European company specializing in consumer-goods stocks. Next, Krispy Kreme’s growth is robust. It reported 23% organic sales growth in the second quarter.</p>\n<p>Krispy Kreme has plenty of room to grow in several key U.S. markets where it is underrepresented, such as New York, Chicago, Boston and Minneapolis. It has room to grow in China, Brazil, and parts of Western Europe. It is also rolling out shelf-stable packaged products, and setting up more in-store&nbsp;display cases in grocery and convenience stores.</p>\n<p><b>Lamb Weston; recent price: $57.49</b></p>\n<p><b>Stock decline</b>: -25.9% YTD; -32.5% from 2021 high</p>\n<p><b>Latest insider purchases</b>: 10/11/21 through 10/20/21</p>\n<p><b>Yield</b>: 1.6%</p>\n<p>If you order fries with your meal, the chances are you’re a customer of this company. Lamb Weston is a huge producer of frozen fries cooked up in restaurants. Based in Idaho (appropriately), this company sells to the top 100 restaurant chains in North America and overseas. McDonald’s&nbsp;is a big customer. You can find its products in grocery stores, too, under the Grown in Idaho and Alexia brands.</p>\n<p>The company has been posting strong sales growth, but earnings have been hit by — you guessed it — inflation and supply-chain problems. It may take a few quarters, but these will turn out to be temporary problems.</p>\n<p>Meanwhile, Lamb Weston has been raising prices on its products, and that too will offset the damage. It just takes some time. Another strength: Lamb Weston has a big presence in high-growth emerging markets.</p>\n<p><b>New Fortress Energy; recent price: $30.56</b></p>\n<p><b>Stock decline</b>: -44.4%; -54.8% from 2021 high</p>\n<p><b>Latest insider purchases</b>: 8/19/21</p>\n<p><b>Yield</b>: 1.3%</p>\n<p>I originally suggested this energy-infrastructure name to subscribers in my stock letter at $10-$11 in June 2019. We still have a triple in the shares despite the big declines this year. I think the stock is a buy in the current pullback.</p>\n<p>New Fortress Energy buys natural gas in the U.S., freezes it into easily shippable liquid natural gas, and then sells to countries converting from dirtier diesel and heavy fuel oil — typically in the Caribbean and Latin America.</p>\n<p>New Fortress Energy stock is down because of concerns about the rising cost of natural gas and the company’s large debt load. But natural gas prices will cool off after the winter heating season, and continued growth will help the company manage its debt levels.</p>\n<p>Insiders sure think so. Execs with solid records recently bought $1 million worth of stock.</p>\n<p>Remember that tax-loss-selling-rebound candidates can suffer another bout of weakness in late December, since retail investors must do their tax-loss selling by the end of the year. That’ll just be another opportunity to add to these companies.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Put these 10 stocks on your radar because they may rebound from recent tax-loss selling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPut these 10 stocks on your radar because they may rebound from recent tax-loss selling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-02 14:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/put-these-10-stocks-on-your-radar-because-they-may-rebound-from-recent-tax-loss-selling-11635776937?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Professional investors tend to dump some of their losers by the end of October, creating greater value in some stocks\nPhoto by Jack Atley/ALLSPORT/Getty Images\nBig investors just finished their tax-...</p>\n\n<a href=\"https://www.marketwatch.com/story/put-these-10-stocks-on-your-radar-because-they-may-rebound-from-recent-tax-loss-selling-11635776937?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QCOM":"高通","GPN":"环汇有限公司","MELI":"MercadoLibre","NFE":"New Fortress Energy LLC","TMUS":"T-Mobile US Inc","VTRS":"Viatris Inc.","INCY":"因塞特医疗","DNUT":"Krispy Kreme, Inc.","LW":"Lamb Weston Holdings, Inc.","INTC":"英特尔"},"source_url":"https://www.marketwatch.com/story/put-these-10-stocks-on-your-radar-because-they-may-rebound-from-recent-tax-loss-selling-11635776937?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196323855","content_text":"Professional investors tend to dump some of their losers by the end of October, creating greater value in some stocks\nPhoto by Jack Atley/ALLSPORT/Getty Images\nBig investors just finished their tax-loss selling. So it’s time to root through the wreckage to find bargains to buy.\nThis trade consistently works well because mutual funds and other large investors have to realize their tax losses by Oct. 31. After that, the stocks that they hammered tend to outperform.\nBy how much?\nSince 1986, S&P 500 stocks down more than 10% in the first 10 months of the year (the top tax-loss selling candidates) rose 5.6% over the subsequent three months, according to Bank of America. That’s 1.6 percentage point outperformance relative to the S&P 500’s average return of 3.9% during the same time.\nAfter tax-loss selling, these stocks can get a boost from seasonally bullish market tailwinds. During Nov. 1 through Jan. 31, the S&P 500 has averaged 4.5% gains since 1936, compared with 2.9% for all other rolling three-month periods, says Bank of America.\nInstitutional investors have been big sellers of stock in recent weeks, and they’ve leaned heavily on their tax-loss selling candidates. To find the best bargains, Bank of America screened the S&P 500 for stocks with year-to-date (YTD) declines greater than 10%. Then the bank suggested clients consider the 13 it has buy ratings on. That list includes Global Payments,Viatris,Incyte,Qualcomm and T-Mobile.\nI’ll take a different approach. I’ll favor names that are down a lot where insiders were recently buying a meaningful amount of stock — based on my system of analyzing insider purchases at my stock letter Brush Up on Stocks. (You can find the link to my letter in the bio below.)\nThe significant insider buying suggests that business trends will support stock gains from early November and beyond. I recently suggested 22 of these names in my stock letter. Here are five to consider.\nIntel; recent price: $48.25\nStock decline: -3.1% YTD; -29.5% from 2021 high\nLatest insider purchase: 10/25/21\nYield: 2.9%\nIntel stock cracked in late October even though the company posted decent results and beat estimates, thanks to sales strength in data centers, the so-called Internet of Things and Mobileye (self-driving cars). The problem: Intel announced aggressive capital spending that will hurt margins.\nPersonally, I like companies that invest in their future, especially when the news makes their shares cheaper. Insiders agree, given their large buying. The Intel stock decline this year means virtually anyone who bought in 2021 has a losing position. No doubt many of them were selling in late October to realize tax losses, compounding the stock weakness caused by the bullish capital-spending news.\nMercadoLibre; recent price: $1,512\nStock decline: -7.8% YTD; -23.5% from 2021 high\nLatest insider purchases: 8/18/21\nYield: None\nThis online retailer in Latin America is having a good year. Sales were up over 100% in the second quarter compared to the year before. Its user base grew 47% to 75.9 million shoppers. The stock has soared into the $1,800 to $2,000 range twice this year. But it’s been weak lately, along with a lot of large-cap tech. Anybody who bought the spikes this year was down quite a bit in late October and probably selling to reap tax losses.\nBut insiders are bullish, and why not? Online retail adoption is behind in Latin America, so it has plenty of growth ahead just to catch up with the rest of the world. It will catch up. The growth in distribution centers and last-mile hubs in Latin America supports the trend. The research group eMarketer says Latin America will post the fastest annual e-commerce sales growth in the world over the next several years — about 10 percentage points higher than the global average.\nKrispy Kreme; recent price: $12.86\nStock decline: -17.7% YTD; -38.9% from 2021 high\nLatest insider purchases: 8/19/21 to 9/10/21\nYield: 1.1%\nKrispy Kreme debuted as a stock again in early July in the $16 to $21 range. The stock now trades at $12.89, virtually at the all-time lows. This means any funds that purchased are underwater. Many of them were no doubt looking to realize tax losses.\nBut there are several reasons to be bullish. One is big buying by JAB Holding, a European company specializing in consumer-goods stocks. Next, Krispy Kreme’s growth is robust. It reported 23% organic sales growth in the second quarter.\nKrispy Kreme has plenty of room to grow in several key U.S. markets where it is underrepresented, such as New York, Chicago, Boston and Minneapolis. It has room to grow in China, Brazil, and parts of Western Europe. It is also rolling out shelf-stable packaged products, and setting up more in-store display cases in grocery and convenience stores.\nLamb Weston; recent price: $57.49\nStock decline: -25.9% YTD; -32.5% from 2021 high\nLatest insider purchases: 10/11/21 through 10/20/21\nYield: 1.6%\nIf you order fries with your meal, the chances are you’re a customer of this company. Lamb Weston is a huge producer of frozen fries cooked up in restaurants. Based in Idaho (appropriately), this company sells to the top 100 restaurant chains in North America and overseas. McDonald’s is a big customer. You can find its products in grocery stores, too, under the Grown in Idaho and Alexia brands.\nThe company has been posting strong sales growth, but earnings have been hit by — you guessed it — inflation and supply-chain problems. It may take a few quarters, but these will turn out to be temporary problems.\nMeanwhile, Lamb Weston has been raising prices on its products, and that too will offset the damage. It just takes some time. Another strength: Lamb Weston has a big presence in high-growth emerging markets.\nNew Fortress Energy; recent price: $30.56\nStock decline: -44.4%; -54.8% from 2021 high\nLatest insider purchases: 8/19/21\nYield: 1.3%\nI originally suggested this energy-infrastructure name to subscribers in my stock letter at $10-$11 in June 2019. We still have a triple in the shares despite the big declines this year. I think the stock is a buy in the current pullback.\nNew Fortress Energy buys natural gas in the U.S., freezes it into easily shippable liquid natural gas, and then sells to countries converting from dirtier diesel and heavy fuel oil — typically in the Caribbean and Latin America.\nNew Fortress Energy stock is down because of concerns about the rising cost of natural gas and the company’s large debt load. But natural gas prices will cool off after the winter heating season, and continued growth will help the company manage its debt levels.\nInsiders sure think so. Execs with solid records recently bought $1 million worth of stock.\nRemember that tax-loss-selling-rebound candidates can suffer another bout of weakness in late December, since retail investors must do their tax-loss selling by the end of the year. That’ll just be another opportunity to add to these 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06:57","market":"hk","language":"zh","title":"最具价值中国品牌排行榜 深圳三家企业进前十","url":"https://stock-news.laohu8.com/highlight/detail?id=2176104795","media":"深圳商报","summary":"记者10月19日获悉，在2021年凯度BrandZ 最具价值中国品牌排行榜中，中国平安名列榜单第6，排名较去年上升1位，继续蝉联中国保险行业第一品牌。此外，2021年中国平安品牌价值443.59亿美元，同比增长31%，增速领先中国金融业。最具价值中国品牌排行榜前10腾讯、阿里巴巴、茅台、美团、华为中国平安、京东、抖音、中国工商银行、快手","content":"<html><body><article><p>记者10月19日获悉，在2021年凯度BrandZ 最具价值中国品牌排行榜中，<a href=\"https://laohu8.com/S/601318\">中国平安</a>名列榜单第6，排名较去年上升1位，继续蝉联中国保险行业第一品牌。此外，2021年<a href=\"https://laohu8.com/S/02318\">中国平安</a>品牌价值443.59亿美元，同比增长31%，增速领先中国金融业。</p><p><strong>最具价值中国品牌排行榜前10</strong></p><p><a href=\"https://laohu8.com/S/00700\">腾讯</a>、<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>、茅台、美团、华为</p><p><strong>中国平安、<a href=\"https://laohu8.com/S/JD\">京东</a>、<a href=\"https://laohu8.com/S/DYIN\">抖音</a>、中国<a href=\"https://laohu8.com/S/601398\">工商银行</a>、快手</strong></p></article></body></html>","source":"tencent","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>最具价值中国品牌排行榜 深圳三家企业进前十</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=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021102007060179fe46f9&s=b><strong>深圳商报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>记者10月19日获悉，在2021年凯度BrandZ 最具价值中国品牌排行榜中，中国平安名列榜单第6，排名较去年上升1位，继续蝉联中国保险行业第一品牌。此外，2021年中国平安品牌价值443.59亿美元，同比增长31%，增速领先中国金融业。最具价值中国品牌排行榜前10腾讯、阿里巴巴、茅台、美团、华为中国平安、京东、抖音、中国工商银行、快手</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021102007060179fe46f9&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/fcabf75ca25b5c2a5767c559e42702f8","relate_stocks":{"09988":"阿里巴巴-W","LU":"陆金所","TCEHY":"腾讯控股ADR","09618":"京东集团-SW","02318":"中国平安","QNETCN":"纳斯达克中美互联网老虎指数","03145":"华夏亚洲高息股"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021102007060179fe46f9&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2176104795","content_text":"记者10月19日获悉，在2021年凯度BrandZ 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11:07","market":"us","language":"zh","title":"华尔街头号死敌！SEC主席的雷霆手段正全面出击","url":"https://stock-news.laohu8.com/highlight/detail?id=1198599586","media":"华尔街见闻","summary":"美国证券交易委员会新任主席Gary Gensler正推进一系列严厉的监管计划。","content":"<p>美国证券交易委员会新任主席Gary Gensler正推进一系列严厉的监管计划，这可能对华尔街未来盈利产生深远影响。</p>\n<p>Robinhood末日？</p>\n<p>彭博统计显示，Gensler正在制定的议程数目高达49个，监管对象涉及高频交易公司、私募股权管理公司、共同基金和在线经纪公司等。</p>\n<p>在股票市场，最大的监管议题在于影响散户投资者交易的“订单流支付”（Payment for Order Flow PFOF），即经纪公司将客户订单发送给不同的交易执行方所获得的报酬和利益。</p>\n<p>在订单流支付的安排下，诸如Robinhood等“零佣金”经纪商将散户交易者的订单信息发送给诸如Citadel Securities等高频交易公司，后者在支付价格不菲的经纪人佣金后，利用散户的买卖价格差信息获取利益。</p>\n<p>虽然SEC此前允许PFOF交易的进行，但Gensler认为订单流支付给经纪人带来了利益冲突，市场的透明度也随之降低。在8月的国会听证会上，<b>Gensler称其希望完全禁止订单流支付交易，这在当时引发Robinhood等在线经纪商股价大跌。</b></p>\n<p>股票交易“游戏化”（gamification）也是Gensler的重点关注议题。其公开表示，通过类似视频游戏的提示，Robinhood等在线交易软件正诱导公司客户过度进行交易。</p>\n<p>在信息披露方面，Gensler要求基金经理提供他们声称对环境或社会负责的（SEG）产品的更多信息。其认为，基金没有使用一致的指标来支持其“绿色”营销主张，这使得投资者很难对它们进行比较。</p>\n<p>而要求对冲基金强制披露空头头寸也在监管讨论范围内。</p>\n<p>民主党内部存在阻力</p>\n<p>但Gensler雄心勃勃的监管目标并非没有挑战。</p>\n<p>彭博报道称，由于相关政策可能需要数年时间才能完成且各大企业可能通过起诉SEC来拖延立法进程，<b>一些民主党人和外部顾问正敦促Gensler将监管目标缩小到更易于管理的范围。</b></p>\n<p>在白宫方面，拜登政府则对诸如通过更强有力的企业信息披露来应对气候变化的规则等特定议程有更大的兴趣。</p>\n<p>二十年来最激进的监管者</p>\n<p>虽然尚未有法案正式推出，但Gensler过往的辉煌记录让市场高度关注其任何细微的举动。</p>\n<p>Gensler在30岁时就跻身高盛合伙人。在华尔街摸爬滚打十八年后，他弃商从政，入职克林顿时期的财政部，服务于时任财政部副部长萨默斯(Lawrence Summers)。2009年至2013年出任美国商品期货交易委员会（CFTC）主席。离开政坛后，他栖身象牙塔，在麻省理工斯隆商学院任教。</p>\n<p>在2009年至2013年执掌美国商品期货交易委员会期间，Gensler以激进、咄咄逼人的管理风格闻名。在金融危机后，针对体量巨大的场外掉期市场实施了强有力的管理措施，还帮助起草了2010年出台的《多德-弗兰克法案》（Dodd-Frank Act）。</p>\n<p>在他的领导下，曾经长期被视为一潭死水的CFTC变成了华尔街最积极的监管机构。而华尔街乃至整个金融业也因为他推行的一系列监管改革和新规付出了几十亿美元的代价，“罪名”包括操纵Libor、抵押贷款违规等。</p>\n<p>Gensler2010年接受纽约时报采访时曾表示：“华尔街的利益并不总是与公众的利益相同。”</p>\n<p>“律师、监管人士和游说者表示，Gensler很可能是自本世纪初William Donaldson领导证交会、或者自克林顿政府时期的Arthur Levitt任职以来，最激进、最主张严监管的SEC主席。”华尔街日报称。</p>","source":"highlight_wallstreetcn","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>华尔街头号死敌！SEC主席的雷霆手段正全面出击</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n华尔街头号死敌！SEC主席的雷霆手段正全面出击\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-10 11:07 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3641936><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>美国证券交易委员会新任主席Gary Gensler正推进一系列严厉的监管计划，这可能对华尔街未来盈利产生深远影响。\nRobinhood末日？\n彭博统计显示，Gensler正在制定的议程数目高达49个，监管对象涉及高频交易公司、私募股权管理公司、共同基金和在线经纪公司等。\n在股票市场，最大的监管议题在于影响散户投资者交易的“订单流支付”（Payment for Order Flow PFOF），即...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3641936\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cd7287e60411e6c4e9bc5f97f8d7aa37","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://wallstreetcn.com/articles/3641936","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1198599586","content_text":"美国证券交易委员会新任主席Gary Gensler正推进一系列严厉的监管计划，这可能对华尔街未来盈利产生深远影响。\nRobinhood末日？\n彭博统计显示，Gensler正在制定的议程数目高达49个，监管对象涉及高频交易公司、私募股权管理公司、共同基金和在线经纪公司等。\n在股票市场，最大的监管议题在于影响散户投资者交易的“订单流支付”（Payment for Order Flow PFOF），即经纪公司将客户订单发送给不同的交易执行方所获得的报酬和利益。\n在订单流支付的安排下，诸如Robinhood等“零佣金”经纪商将散户交易者的订单信息发送给诸如Citadel Securities等高频交易公司，后者在支付价格不菲的经纪人佣金后，利用散户的买卖价格差信息获取利益。\n虽然SEC此前允许PFOF交易的进行，但Gensler认为订单流支付给经纪人带来了利益冲突，市场的透明度也随之降低。在8月的国会听证会上，Gensler称其希望完全禁止订单流支付交易，这在当时引发Robinhood等在线经纪商股价大跌。\n股票交易“游戏化”（gamification）也是Gensler的重点关注议题。其公开表示，通过类似视频游戏的提示，Robinhood等在线交易软件正诱导公司客户过度进行交易。\n在信息披露方面，Gensler要求基金经理提供他们声称对环境或社会负责的（SEG）产品的更多信息。其认为，基金没有使用一致的指标来支持其“绿色”营销主张，这使得投资者很难对它们进行比较。\n而要求对冲基金强制披露空头头寸也在监管讨论范围内。\n民主党内部存在阻力\n但Gensler雄心勃勃的监管目标并非没有挑战。\n彭博报道称，由于相关政策可能需要数年时间才能完成且各大企业可能通过起诉SEC来拖延立法进程，一些民主党人和外部顾问正敦促Gensler将监管目标缩小到更易于管理的范围。\n在白宫方面，拜登政府则对诸如通过更强有力的企业信息披露来应对气候变化的规则等特定议程有更大的兴趣。\n二十年来最激进的监管者\n虽然尚未有法案正式推出，但Gensler过往的辉煌记录让市场高度关注其任何细微的举动。\nGensler在30岁时就跻身高盛合伙人。在华尔街摸爬滚打十八年后，他弃商从政，入职克林顿时期的财政部，服务于时任财政部副部长萨默斯(Lawrence Summers)。2009年至2013年出任美国商品期货交易委员会（CFTC）主席。离开政坛后，他栖身象牙塔，在麻省理工斯隆商学院任教。\n在2009年至2013年执掌美国商品期货交易委员会期间，Gensler以激进、咄咄逼人的管理风格闻名。在金融危机后，针对体量巨大的场外掉期市场实施了强有力的管理措施，还帮助起草了2010年出台的《多德-弗兰克法案》（Dodd-Frank Act）。\n在他的领导下，曾经长期被视为一潭死水的CFTC变成了华尔街最积极的监管机构。而华尔街乃至整个金融业也因为他推行的一系列监管改革和新规付出了几十亿美元的代价，“罪名”包括操纵Libor、抵押贷款违规等。\nGensler2010年接受纽约时报采访时曾表示：“华尔街的利益并不总是与公众的利益相同。”\n“律师、监管人士和游说者表示，Gensler很可能是自本世纪初William Donaldson领导证交会、或者自克林顿政府时期的Arthur Levitt任职以来，最激进、最主张严监管的SEC主席。”华尔街日报称。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821850770,"gmtCreate":1633734235012,"gmtModify":1633734235211,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OPEN\">$Opendoor Technologies Inc(OPEN)$</a>长期看好，长期持有","listText":"<a href=\"https://laohu8.com/S/OPEN\">$Opendoor Technologies Inc(OPEN)$</a>长期看好，长期持有","text":"$Opendoor Technologies Inc(OPEN)$长期看好，长期持有","images":[{"img":"https://static.tigerbbs.com/428468bb46e2af8c1fe29ab47e35e0ea","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821850770","isVote":1,"tweetType":1,"viewCount":884,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":864183612,"gmtCreate":1633072852401,"gmtModify":1633072852516,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OPEN\">$Opendoor Technologies Inc(OPEN)$</a>💪💪💪","listText":"<a href=\"https://laohu8.com/S/OPEN\">$Opendoor Technologies Inc(OPEN)$</a>💪💪💪","text":"$Opendoor Technologies Inc(OPEN)$💪💪💪","images":[{"img":"https://static.tigerbbs.com/e8fc2faa812b8e8c81214348f7559e19","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864183612","isVote":1,"tweetType":1,"viewCount":735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":865320193,"gmtCreate":1632955705671,"gmtModify":1632955705797,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865320193","repostId":"2171812719","repostType":4,"repost":{"id":"2171812719","kind":"highlight","pubTimestamp":1632930089,"share":"https://ttm.financial/m/news/2171812719?lang=&edition=full","pubTime":"2021-09-29 23:41","market":"us","language":"zh","title":"英特尔锐炫会动谁的蛋糕？","url":"https://stock-news.laohu8.com/highlight/detail?id=2171812719","media":"DoNews","summary":"2021年8月份，英特尔架构日活动中，英特尔正式对外公布了锐炫(Intel Arc)系列独立显卡，基于Xe HPG架构，由台积电N6制程工艺代工生产，支持DX12 Ultimate、硬件光线追踪、Xe","content":"<p>2021年8月份，<a href=\"https://laohu8.com/S/INTC\">英特尔</a>架构日活动中，英特尔正式对外公布了锐炫(Intel Arc)系列独立显卡，基于Xe HPG架构，由<a href=\"https://laohu8.com/S/TSM\">台积电</a>N6制程工艺代工生产，支持DX12 Ultimate、硬件光线追踪、XeSS AI超采样等先进技术。 将于2022年的CES展会后正式发布。</p>\n<p>根据英特尔的官方路线图显示，锐炫(Intel Arc)系列独立显卡的开发代号为Alchemist，后续还有Battlemage、Celestial、Druid等多款新品。</p>\n<p>根据爆料，满血版DG2(Alchemist)大约与NVIDIA RTX 3070 Ti性能相当。</p>\n<p>不过，按照nVIDIA的计划，到了2022年三季度，nVIDIA的下一代显卡就会发布。英特尔面对是不是30系列，而是40系列。Alchemist满血也只能与3070抗衡，性能是落后。</p>\n<p>那么，靠这个性能，英特尔锐炫能有前途吗？它会动nVIDIA和<a href=\"https://laohu8.com/S/AMD\">AMD</a>的蛋糕吗?</p>\n<h2><b>英特尔的第一次尝试</b></h2>\n<p>其实，英特尔进入显卡市场非常非常早。电脑从字符界面进入图形界面以后，就有显卡需求。从字符界面到3D界面进化的时间也非常快。几年时间，在显卡市场就出现了百家争鸣的局面。nVIDIA、ATI、Voodoo、S3、PowerVR……，都在这个时代竞争。</p>\n<p>英特尔当时没有图形技术，所以它购买了Real 3D的技术，这家公司当时被军火厂商<a href=\"https://laohu8.com/S/LMT\">洛克希德马丁</a>控股，3D技术是给军用模拟现实的。这就是英特尔的第一代独立显卡i740。</p>\n<p>当年的显卡号称6个月淘汰一代，与现在2年一代的节奏差距巨大。英特尔根本跟不上节奏，独立显卡只做了一代就不做了。</p>\n<p>这个i740后来被集成到主板的810芯片组，变成i752，英特尔也就在独立显卡市场销声匿迹了。</p>\n<p>因为，除了游戏之外，大多数电脑没有3D性能的需求，所以英特尔把这个市场放给nVIDIA和AMD，但是把芯片组市场牢牢把握。用集成显卡事实占据了大量市场份额。</p>\n<h2><b>英特尔的第二次尝试</b></h2>\n<p>这个局面持续了几年，一直到nVIDIA在3D显卡上发展出通用计算。</p>\n<p>当时，在PS3上，<a href=\"https://laohu8.com/S/IBM\">IBM</a>和<a href=\"https://laohu8.com/S/SNE\">索尼</a>合作，搞了异构处理器。把CPU和简单计算的算力单元分开，以编程难度为代价提升性能。</p>\n<p>这个思路到了GPU上，nVIDIA直接让GPU去做通用计算，进入高性能计算市场。</p>\n<p>这就动了英特尔的奶酪，英特尔随机第二次进军显卡。这次是以高性能计算为目标，兼顾3D显卡应用。</p>\n<p>英特尔的Larrabee堆了奔腾处理器核心，原本是做显卡用了的，后来发现性能没啥优势，就做加速计算卡了，所谓众核架构。</p>\n<p>英特尔在这上面推出过几代产品，中国的超级计算机天河也用过英特尔众核架构的产品。</p>\n<p>但是，这个时候nVIDIA推出的CUDA已经非常流行，nVIDIA可以一块芯片多用，做GPU，做通用计算都行。成本好控制，英特尔则是专用的芯片，而且高性能计算市场极小，成本很高。</p>\n<p>这样，英特尔无法与nVIDIA竞争，所以很快就放弃了，这是英特尔的第二次尝试。</p>\n<h2><b>人工智能的威胁</b></h2>\n<p>本来高性能计算市场是一个小众市场，英特尔竞争不过也就罢了。但是最近几年人工智能崛起了。人工智能也是一个需要大量算力的需求，人工智能的崛起，带来了nVIDIA的春天，这个市场比高性能计算更大，而英特尔的高性能处理器，只能做控制节点用。</p>\n<p>一个高性能计算单元，两个英特尔的CPU，8块nVIDIA的计算卡，英特尔被边缘化了。而且英特尔这个控制器，换AMD也行，nVIDIA用ARM处理器也行。</p>\n<p>这样一来，英特尔必须做显卡了。只有做显卡，才能平摊芯片设计和制造成本，在高性能计算上与nVIDAI竞争。</p>\n<p>所以，英特尔开始第三次做显卡，这就是锐炫。英特尔希望，自己的显卡有量，能拉低成本，让自己的计算卡与nVIDIA竞争。不被边缘化。</p>\n<p>是人工智能的崛起，让英特尔第三次尝试做显卡。</p>\n<h2><b>锐炫能成功吗?</b></h2>\n<p>从目前的数据看，在性能上，英特尔还不如nVIDA，可能会落后一代。</p>\n<p>但是英特尔的优势在于能集成。</p>\n<p>英特尔只需要选出甜点的位置。一个是1060，1070这个位置，目标是1080p下面，能要xbox <a href=\"https://laohu8.com/S/AONE.U\">one</a> x，ps4pro上跨平台的游戏。这个性能作为中端产品去集成。</p>\n<p>还有一个是3060，2080这个位置，对应的是PS5上的跨平台游戏，能上4k分辨率。这个集成到高端产品。</p>\n<p>产品可以游戏本为主，加强散热与功耗。做成台式机替代的游戏本，也可以做成NUC，外接显示器或者大屏幕电视。但是英特尔不给用户插显卡的机会，用户买了nVIDIA和AMD显卡没有地方插。</p>\n<p>作为后来者，英特尔一定要开放，用户算AI，挖矿，算双精度浮点都行。整机可以卖便宜点，单独的CPU可以卖贵点，让游戏用户尽可能选英特尔的一体化方案。</p>\n<p>这样普及化，英特尔的GPU成本可以降低。英特尔又有攒芯片的技术，可以把几个小核心攒成大的，互联性能损失不太大。利用成本优势，造独立大显卡，给用户挖矿，算AI，科学计算跑超算。这样同等算力，英特尔会比NVIDIA便宜。</p>\n<p>GPU性能不断进步，但是PC游戏盗版严重，主流游戏厂商要靠游戏机市场活着，不能让游戏机跑不动新游戏。</p>\n<p>所以与游戏机性能类似的显卡，可以玩很长时间的跨平台游戏。英特尔只要把握住节点，用集成和廉价去竞争，是很有机会，在GPU市场战胜nVIDIA和AMD的。</p>\n<p>而GPU市场规模上去，计算卡也就便宜了，英特尔也会撼动nVIDIA的通用计算的市场。</p>","source":"36kr_stock","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>英特尔锐炫会动谁的蛋糕？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n英特尔锐炫会动谁的蛋糕？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-29 23:41 北京时间&nbsp;&nbsp;&nbsp;<a href=https://36kr.com/p/1419412530101896><strong>DoNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2021年8月份，英特尔架构日活动中，英特尔正式对外公布了锐炫(Intel Arc)系列独立显卡，基于Xe HPG架构，由台积电N6制程工艺代工生产，支持DX12 Ultimate、硬件光线追踪、XeSS AI超采样等先进技术。 将于2022年的CES展会后正式发布。\n根据英特尔的官方路线图显示，锐炫(Intel Arc)系列独立显卡的开发代号为Alchemist，后续还有Battlemage、...</p>\n\n<a href=\"https://36kr.com/p/1419412530101896\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c74be4c2a08964ef2daf32217f693b44","relate_stocks":{"INTC":"英特尔"},"source_url":"https://36kr.com/p/1419412530101896","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2171812719","content_text":"2021年8月份，英特尔架构日活动中，英特尔正式对外公布了锐炫(Intel Arc)系列独立显卡，基于Xe HPG架构，由台积电N6制程工艺代工生产，支持DX12 Ultimate、硬件光线追踪、XeSS AI超采样等先进技术。 将于2022年的CES展会后正式发布。\n根据英特尔的官方路线图显示，锐炫(Intel Arc)系列独立显卡的开发代号为Alchemist，后续还有Battlemage、Celestial、Druid等多款新品。\n根据爆料，满血版DG2(Alchemist)大约与NVIDIA RTX 3070 Ti性能相当。\n不过，按照nVIDIA的计划，到了2022年三季度，nVIDIA的下一代显卡就会发布。英特尔面对是不是30系列，而是40系列。Alchemist满血也只能与3070抗衡，性能是落后。\n那么，靠这个性能，英特尔锐炫能有前途吗？它会动nVIDIA和AMD的蛋糕吗?\n英特尔的第一次尝试\n其实，英特尔进入显卡市场非常非常早。电脑从字符界面进入图形界面以后，就有显卡需求。从字符界面到3D界面进化的时间也非常快。几年时间，在显卡市场就出现了百家争鸣的局面。nVIDIA、ATI、Voodoo、S3、PowerVR……，都在这个时代竞争。\n英特尔当时没有图形技术，所以它购买了Real 3D的技术，这家公司当时被军火厂商洛克希德马丁控股，3D技术是给军用模拟现实的。这就是英特尔的第一代独立显卡i740。\n当年的显卡号称6个月淘汰一代，与现在2年一代的节奏差距巨大。英特尔根本跟不上节奏，独立显卡只做了一代就不做了。\n这个i740后来被集成到主板的810芯片组，变成i752，英特尔也就在独立显卡市场销声匿迹了。\n因为，除了游戏之外，大多数电脑没有3D性能的需求，所以英特尔把这个市场放给nVIDIA和AMD，但是把芯片组市场牢牢把握。用集成显卡事实占据了大量市场份额。\n英特尔的第二次尝试\n这个局面持续了几年，一直到nVIDIA在3D显卡上发展出通用计算。\n当时，在PS3上，IBM和索尼合作，搞了异构处理器。把CPU和简单计算的算力单元分开，以编程难度为代价提升性能。\n这个思路到了GPU上，nVIDIA直接让GPU去做通用计算，进入高性能计算市场。\n这就动了英特尔的奶酪，英特尔随机第二次进军显卡。这次是以高性能计算为目标，兼顾3D显卡应用。\n英特尔的Larrabee堆了奔腾处理器核心，原本是做显卡用了的，后来发现性能没啥优势，就做加速计算卡了，所谓众核架构。\n英特尔在这上面推出过几代产品，中国的超级计算机天河也用过英特尔众核架构的产品。\n但是，这个时候nVIDIA推出的CUDA已经非常流行，nVIDIA可以一块芯片多用，做GPU，做通用计算都行。成本好控制，英特尔则是专用的芯片，而且高性能计算市场极小，成本很高。\n这样，英特尔无法与nVIDIA竞争，所以很快就放弃了，这是英特尔的第二次尝试。\n人工智能的威胁\n本来高性能计算市场是一个小众市场，英特尔竞争不过也就罢了。但是最近几年人工智能崛起了。人工智能也是一个需要大量算力的需求，人工智能的崛起，带来了nVIDIA的春天，这个市场比高性能计算更大，而英特尔的高性能处理器，只能做控制节点用。\n一个高性能计算单元，两个英特尔的CPU，8块nVIDIA的计算卡，英特尔被边缘化了。而且英特尔这个控制器，换AMD也行，nVIDIA用ARM处理器也行。\n这样一来，英特尔必须做显卡了。只有做显卡，才能平摊芯片设计和制造成本，在高性能计算上与nVIDAI竞争。\n所以，英特尔开始第三次做显卡，这就是锐炫。英特尔希望，自己的显卡有量，能拉低成本，让自己的计算卡与nVIDIA竞争。不被边缘化。\n是人工智能的崛起，让英特尔第三次尝试做显卡。\n锐炫能成功吗?\n从目前的数据看，在性能上，英特尔还不如nVIDA，可能会落后一代。\n但是英特尔的优势在于能集成。\n英特尔只需要选出甜点的位置。一个是1060，1070这个位置，目标是1080p下面，能要xbox one x，ps4pro上跨平台的游戏。这个性能作为中端产品去集成。\n还有一个是3060，2080这个位置，对应的是PS5上的跨平台游戏，能上4k分辨率。这个集成到高端产品。\n产品可以游戏本为主，加强散热与功耗。做成台式机替代的游戏本，也可以做成NUC，外接显示器或者大屏幕电视。但是英特尔不给用户插显卡的机会，用户买了nVIDIA和AMD显卡没有地方插。\n作为后来者，英特尔一定要开放，用户算AI，挖矿，算双精度浮点都行。整机可以卖便宜点，单独的CPU可以卖贵点，让游戏用户尽可能选英特尔的一体化方案。\n这样普及化，英特尔的GPU成本可以降低。英特尔又有攒芯片的技术，可以把几个小核心攒成大的，互联性能损失不太大。利用成本优势，造独立大显卡，给用户挖矿，算AI，科学计算跑超算。这样同等算力，英特尔会比NVIDIA便宜。\nGPU性能不断进步，但是PC游戏盗版严重，主流游戏厂商要靠游戏机市场活着，不能让游戏机跑不动新游戏。\n所以与游戏机性能类似的显卡，可以玩很长时间的跨平台游戏。英特尔只要把握住节点，用集成和廉价去竞争，是很有机会，在GPU市场战胜nVIDIA和AMD的。\n而GPU市场规模上去，计算卡也就便宜了，英特尔也会撼动nVIDIA的通用计算的市场。","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":763,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868856496,"gmtCreate":1632631679115,"gmtModify":1632648583818,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"<a 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23:25","market":"us","language":"zh","title":"一文看透美联储处境，为什么鲍威尔选择“鸽声”是必然的？","url":"https://stock-news.laohu8.com/highlight/detail?id=1178241811","media":"Wind万得","summary":"对于美联储来说，实施该机构历史上最宽松的货币政策已经很艰难，同样对于退出来说可能是更艰难的任务。\n美联储当下首要任务是缩减QE，这个是共识，其目前每月购买1200亿美元左右的债券，以刺激需求并压低长期","content":"<p>对于美联储来说，实施该机构历史上最宽松的货币政策已经很艰难，同样对于退出来说可能是更艰难的任务。</p>\n<p>美联储当下首要任务是缩减QE，这个是共识，其目前每月购买1200亿美元左右的债券，以刺激需求并压低长期利率。在那之后，货币政策道路变得更加崎岖。在某种程度上，美联储将寻求将短期利率从近零的锚点上调高，自2020年3月以来一直处于这一水平。美联储在2015-18年试图恢复正常利率的最后一次尝试并没有取得好结果，因为它不得不在经济下滑的中期停止加息。</p>\n<p>因此，市场这次至少有一点紧张是可以原谅的，美联储也非常理解。美联储不仅必须扭转其有史以来最激进的宽松政策，而且必须精准地扭转，并希望在这一过程中不会破坏任何金融和经济的稳定性。</p>\n<p>事实上，美国经济仍处于从疫情最严重时期强劲复苏的过程中。疫情造成了美国历史上最严重但持续时间最短的经济衰退。但反弹似乎目前正在停滞。<a href=\"https://laohu8.com/S/C\">花旗</a>经济意外指数(Citi Economic Surprise Index)在7月中旬创下历史新高。但该指数现在已跌至2020年6月的水平。这一点美联储是看得到的。</p>\n<p>美联储官员自己也预计，在货币和财政政策都将收紧的情况下，未来几年的经济增长将明显放缓。这引发了更多关于鲍威尔和他的同僚能否正确退出的问题。</p>\n<p>如此低的利率令美联储官员感到恐慌，因为在危机时期，他们几乎没有放松政策的回旋余地。这大约是在疫情危机开始时的基金利率水平，从美联储在2018年12月结束上次加息周期时的2.25%-2.5%目标区间大幅下降。</p>\n<p>从沟通的角度来看，如何处理这一切将落在鲍威尔的肩上，从实际机制的角度来看，则落在其他联邦公开市场委员会成员的肩上。</p>\n<p><a href=\"https://laohu8.com/S/DB\">德意志银行</a>财富管理(Deutsche Bank Wealth Management)美洲投资总监Deepak Puri表示，\"缩减购债规模很重要，因为这不仅是衡量美联储可信度的一个很好的指标，也是衡量其沟通能力、策略的好坏和透明度的一个很好的指标。\"“2013年，美联储在如何就缩减量化宽松进行沟通方面就犯了错误。”</p>\n<p>道明证券(TD Securities)的Misra指出，美联储已经从早些时候的事件中吸取了教训，因此会选择逐步缩减购债规模。2013年时任美联储主席伯南克(Ben Bernanke)的声明被视为突然，导致利率飙升，股市连续数月走低。</p>\n<p>“从某种意义上说，他们做得很好，他们真的在努力不让市场感到意外。这避免了他们在2013年犯的错误。花旗美国消费者财富管理投资策略主管Shawn Snyder表示。“但他们目前的处境有点艰难，因为delta变种不确定性很高。”</p>\n<p>卡普兰和圣路易斯联邦储备银行行长布拉德(James Bullard)等地区总裁的鹰派倾向不断上升，与莱尔•布雷纳德(Lael Brainard)和旧金山联邦储备银行行长玛丽•戴利(Mary Daly)等更为鸽派的成员产生了冲突。在这一点上，鲍威尔需要一个较“鸽派”声音来“修复四分五裂”的美联储。</p>\n<p>最重要的是，鲍威尔和其他几位美联储官员将在2月份重新提名，而拜登还没有公布他的偏好。鲍威尔在经历了之前几年一些事情后，已经知道了被逼着保持低利率是什么感觉。但在某种程度上，随着经济和疫情形势的变化，他仍将不得不考虑一些其它因素。费城联邦储备银行前总裁普洛瑟(Charles Plosser)表示市场都担心美联储的独立性位置，鲍威尔处在一个微妙的位置。</p>\n<p>鲍威尔在2020年的杰克逊霍尔演讲中概述了美联储在看待通胀方面的政策转变。新框架反映了实现全面和包容性就业的愿望，即使这意味着通胀加剧。一些人指责这项政策导致了今年价格的飙升。</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>一文看透美联储处境，为什么鲍威尔选择“鸽声”是必然的？</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n一文看透美联储处境，为什么鲍威尔选择“鸽声”是必然的？\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time\">2021-08-27 23:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>对于美联储来说，实施该机构历史上最宽松的货币政策已经很艰难，同样对于退出来说可能是更艰难的任务。</p>\n<p>美联储当下首要任务是缩减QE，这个是共识，其目前每月购买1200亿美元左右的债券，以刺激需求并压低长期利率。在那之后，货币政策道路变得更加崎岖。在某种程度上，美联储将寻求将短期利率从近零的锚点上调高，自2020年3月以来一直处于这一水平。美联储在2015-18年试图恢复正常利率的最后一次尝试并没有取得好结果，因为它不得不在经济下滑的中期停止加息。</p>\n<p>因此，市场这次至少有一点紧张是可以原谅的，美联储也非常理解。美联储不仅必须扭转其有史以来最激进的宽松政策，而且必须精准地扭转，并希望在这一过程中不会破坏任何金融和经济的稳定性。</p>\n<p>事实上，美国经济仍处于从疫情最严重时期强劲复苏的过程中。疫情造成了美国历史上最严重但持续时间最短的经济衰退。但反弹似乎目前正在停滞。<a href=\"https://laohu8.com/S/C\">花旗</a>经济意外指数(Citi Economic Surprise Index)在7月中旬创下历史新高。但该指数现在已跌至2020年6月的水平。这一点美联储是看得到的。</p>\n<p>美联储官员自己也预计，在货币和财政政策都将收紧的情况下，未来几年的经济增长将明显放缓。这引发了更多关于鲍威尔和他的同僚能否正确退出的问题。</p>\n<p>如此低的利率令美联储官员感到恐慌，因为在危机时期，他们几乎没有放松政策的回旋余地。这大约是在疫情危机开始时的基金利率水平，从美联储在2018年12月结束上次加息周期时的2.25%-2.5%目标区间大幅下降。</p>\n<p>从沟通的角度来看，如何处理这一切将落在鲍威尔的肩上，从实际机制的角度来看，则落在其他联邦公开市场委员会成员的肩上。</p>\n<p><a href=\"https://laohu8.com/S/DB\">德意志银行</a>财富管理(Deutsche Bank Wealth Management)美洲投资总监Deepak Puri表示，\"缩减购债规模很重要，因为这不仅是衡量美联储可信度的一个很好的指标，也是衡量其沟通能力、策略的好坏和透明度的一个很好的指标。\"“2013年，美联储在如何就缩减量化宽松进行沟通方面就犯了错误。”</p>\n<p>道明证券(TD Securities)的Misra指出，美联储已经从早些时候的事件中吸取了教训，因此会选择逐步缩减购债规模。2013年时任美联储主席伯南克(Ben Bernanke)的声明被视为突然，导致利率飙升，股市连续数月走低。</p>\n<p>“从某种意义上说，他们做得很好，他们真的在努力不让市场感到意外。这避免了他们在2013年犯的错误。花旗美国消费者财富管理投资策略主管Shawn Snyder表示。“但他们目前的处境有点艰难，因为delta变种不确定性很高。”</p>\n<p>卡普兰和圣路易斯联邦储备银行行长布拉德(James Bullard)等地区总裁的鹰派倾向不断上升，与莱尔•布雷纳德(Lael Brainard)和旧金山联邦储备银行行长玛丽•戴利(Mary Daly)等更为鸽派的成员产生了冲突。在这一点上，鲍威尔需要一个较“鸽派”声音来“修复四分五裂”的美联储。</p>\n<p>最重要的是，鲍威尔和其他几位美联储官员将在2月份重新提名，而拜登还没有公布他的偏好。鲍威尔在经历了之前几年一些事情后，已经知道了被逼着保持低利率是什么感觉。但在某种程度上，随着经济和疫情形势的变化，他仍将不得不考虑一些其它因素。费城联邦储备银行前总裁普洛瑟(Charles Plosser)表示市场都担心美联储的独立性位置，鲍威尔处在一个微妙的位置。</p>\n<p>鲍威尔在2020年的杰克逊霍尔演讲中概述了美联储在看待通胀方面的政策转变。新框架反映了实现全面和包容性就业的愿望，即使这意味着通胀加剧。一些人指责这项政策导致了今年价格的飙升。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c5f96d5449880181797d6f852693cd97","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","PSQ":"纳指反向ETF","UPRO":"三倍做多标普500ETF","DJX":"1/100道琼斯","DOG":"道指反向ETF",".DJI":"道琼斯","DXD":"道指两倍做空ETF","SPY":"标普500ETF","UDOW":"道指三倍做多ETF-ProShares","QLD":"纳指两倍做多ETF",".IXIC":"NASDAQ Composite","SDOW":"道指三倍做空ETF-ProShares",".SPX":"S&P 500 Index","DDM":"道指两倍做多ETF","OEX":"标普100","QID":"纳指两倍做空ETF"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178241811","content_text":"对于美联储来说，实施该机构历史上最宽松的货币政策已经很艰难，同样对于退出来说可能是更艰难的任务。\n美联储当下首要任务是缩减QE，这个是共识，其目前每月购买1200亿美元左右的债券，以刺激需求并压低长期利率。在那之后，货币政策道路变得更加崎岖。在某种程度上，美联储将寻求将短期利率从近零的锚点上调高，自2020年3月以来一直处于这一水平。美联储在2015-18年试图恢复正常利率的最后一次尝试并没有取得好结果，因为它不得不在经济下滑的中期停止加息。\n因此，市场这次至少有一点紧张是可以原谅的，美联储也非常理解。美联储不仅必须扭转其有史以来最激进的宽松政策，而且必须精准地扭转，并希望在这一过程中不会破坏任何金融和经济的稳定性。\n事实上，美国经济仍处于从疫情最严重时期强劲复苏的过程中。疫情造成了美国历史上最严重但持续时间最短的经济衰退。但反弹似乎目前正在停滞。花旗经济意外指数(Citi Economic Surprise Index)在7月中旬创下历史新高。但该指数现在已跌至2020年6月的水平。这一点美联储是看得到的。\n美联储官员自己也预计，在货币和财政政策都将收紧的情况下，未来几年的经济增长将明显放缓。这引发了更多关于鲍威尔和他的同僚能否正确退出的问题。\n如此低的利率令美联储官员感到恐慌，因为在危机时期，他们几乎没有放松政策的回旋余地。这大约是在疫情危机开始时的基金利率水平，从美联储在2018年12月结束上次加息周期时的2.25%-2.5%目标区间大幅下降。\n从沟通的角度来看，如何处理这一切将落在鲍威尔的肩上，从实际机制的角度来看，则落在其他联邦公开市场委员会成员的肩上。\n德意志银行财富管理(Deutsche Bank Wealth Management)美洲投资总监Deepak Puri表示，\"缩减购债规模很重要，因为这不仅是衡量美联储可信度的一个很好的指标，也是衡量其沟通能力、策略的好坏和透明度的一个很好的指标。\"“2013年，美联储在如何就缩减量化宽松进行沟通方面就犯了错误。”\n道明证券(TD Securities)的Misra指出，美联储已经从早些时候的事件中吸取了教训，因此会选择逐步缩减购债规模。2013年时任美联储主席伯南克(Ben Bernanke)的声明被视为突然，导致利率飙升，股市连续数月走低。\n“从某种意义上说，他们做得很好，他们真的在努力不让市场感到意外。这避免了他们在2013年犯的错误。花旗美国消费者财富管理投资策略主管Shawn Snyder表示。“但他们目前的处境有点艰难，因为delta变种不确定性很高。”\n卡普兰和圣路易斯联邦储备银行行长布拉德(James Bullard)等地区总裁的鹰派倾向不断上升，与莱尔•布雷纳德(Lael Brainard)和旧金山联邦储备银行行长玛丽•戴利(Mary Daly)等更为鸽派的成员产生了冲突。在这一点上，鲍威尔需要一个较“鸽派”声音来“修复四分五裂”的美联储。\n最重要的是，鲍威尔和其他几位美联储官员将在2月份重新提名，而拜登还没有公布他的偏好。鲍威尔在经历了之前几年一些事情后，已经知道了被逼着保持低利率是什么感觉。但在某种程度上，随着经济和疫情形势的变化，他仍将不得不考虑一些其它因素。费城联邦储备银行前总裁普洛瑟(Charles Plosser)表示市场都担心美联储的独立性位置，鲍威尔处在一个微妙的位置。\n鲍威尔在2020年的杰克逊霍尔演讲中概述了美联储在看待通胀方面的政策转变。新框架反映了实现全面和包容性就业的愿望，即使这意味着通胀加剧。一些人指责这项政策导致了今年价格的飙升。","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9,"DDM":0.9,"DJX":0.9,"DOG":0.9,"DXD":0.9,"MNQmain":0.9,"NQmain":0.9,"OEF":0.9,"OEX":0.9,"PSQ":0.9,"QID":0.9,"QLD":0.9,"SDOW":0.9,"SPY":0.9,"UDOW":0.9,"UPRO":0.9}},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":872959865,"gmtCreate":1637401583260,"gmtModify":1637401583371,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/872959865","repostId":"1143065747","repostType":2,"repost":{"id":"1143065747","kind":"news","pubTimestamp":1637383902,"share":"https://ttm.financial/m/news/1143065747?lang=&edition=full","pubTime":"2021-11-20 12:51","market":"us","language":"en","title":"SPAC Altimeter Growth jumps after setting vote date for Grab deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1143065747","media":"Seeking Alpha","summary":"SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal t","content":"<p><a href=\"https://laohu8.com/S/AGC\">SPAC Altimeter Growth Corp. </a> rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.</p>\n<p><img src=\"https://static.tigerbbs.com/459798d9c6d2d0c428941e1ee2937f4b\" tg-width=\"894\" tg-height=\"635\" width=\"100%\" height=\"auto\"></p>\n<p>Brad Gerstner's AGC announced that that the SEC declared effective the Form F-4 registration statement of Grab Holdings, according to a release.</p>\n<p>Grab is Southeast Asia's most valuable startup and is set to undergo a merger with Altimeter (AGC) at a valuation of $40B in the fourth quarter, pushed back after a delay.</p>\n<p>The deal is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. A public debut from Grab will offer investors access to a regional consumer market of more than 655M people across countries including Indonesia, Thailand and Vietnam.</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>SPAC Altimeter Growth jumps after setting vote date for Grab deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Altimeter Growth jumps after setting vote date for Grab deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-20 12:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.\n\nBrad Gerstner's AGC announced that that the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143065747","content_text":"SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.\n\nBrad Gerstner's AGC announced that that the SEC declared effective the Form F-4 registration statement of Grab Holdings, according to a release.\nGrab is Southeast Asia's most valuable startup and is set to undergo a merger with Altimeter (AGC) at a valuation of $40B in the fourth quarter, pushed back after a delay.\nThe deal is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. A public debut from Grab will offer investors access to a regional consumer market of more than 655M people across countries including Indonesia, Thailand and Vietnam.","news_type":1,"symbols_score_info":{"AGC":0.9}},"isVote":1,"tweetType":1,"viewCount":1709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841129290,"gmtCreate":1635897061528,"gmtModify":1635897061655,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"👍👍👍💪💪💪","listText":"👍👍👍💪💪💪","text":"👍👍👍💪💪💪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841129290","repostId":"1196323855","repostType":2,"repost":{"id":"1196323855","kind":"news","pubTimestamp":1635835644,"share":"https://ttm.financial/m/news/1196323855?lang=&edition=full","pubTime":"2021-11-02 14:47","market":"us","language":"en","title":"Put these 10 stocks on your radar because they may rebound from recent tax-loss selling","url":"https://stock-news.laohu8.com/highlight/detail?id=1196323855","media":"MarketWatch","summary":"Professional investors tend to dump some of their losers by the end of October, creating greater value in some stocks. Big investors just finished their tax-loss selling. So it’s time to root through the wreckage to find bargains to buy.This trade consistently works well because mutual funds and other large investors have to realize their tax losses by Oct. 31. After that, the stocks that they hammered tend to outperform.Since 1986, S&P 500 stocks down more than 10% in the first 10 months of the","content":"<p>Professional investors tend to dump some of their losers by the end of October, creating greater value in some stocks</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2bf4db267085a8c096970906864e7ff\" tg-width=\"700\" tg-height=\"434\" referrerpolicy=\"no-referrer\"><span>Photo by Jack Atley/ALLSPORT/Getty Images</span></p>\n<p>Big investors just finished their tax-loss selling. So it’s time to root through the wreckage to find bargains to buy.</p>\n<p>This trade consistently works well because mutual funds and other large investors have to realize their tax losses by Oct. 31. After that, the stocks that they hammered tend to outperform.</p>\n<p>By how much?</p>\n<p>Since 1986, S&amp;P 500&nbsp;stocks down more than 10% in the first 10 months of the year (the top tax-loss selling candidates) rose 5.6% over the subsequent three months, according to Bank of America. That’s 1.6 percentage point outperformance relative to the S&amp;P 500’s average return of 3.9% during the same time.</p>\n<p>After tax-loss selling, these stocks can get a boost from seasonally bullish market tailwinds. During Nov. 1 through Jan. 31, the S&amp;P 500 has averaged 4.5% gains since 1936, compared with 2.9% for all other rolling&nbsp;three-month periods, says Bank of America.</p>\n<p>Institutional investors have been big sellers of stock in recent weeks, and they’ve leaned heavily on their tax-loss selling candidates. To find the best bargains, Bank of America screened the S&amp;P 500 for stocks with&nbsp;year-to-date (YTD) declines greater than 10%. Then the bank suggested clients consider the 13 it has buy ratings on. That list includes Global Payments,Viatris,Incyte,Qualcomm&nbsp;and T-Mobile.</p>\n<p>I’ll take a different approach. I’ll favor names that are down a lot where insiders were recently buying a meaningful amount of stock — based on my system of analyzing insider purchases at my stock letter Brush Up on Stocks. (You can find the link to my letter in the bio below.)</p>\n<p>The significant insider buying suggests that business trends will support stock gains from early November and beyond. I recently suggested 22 of these names in my stock letter. Here are five to consider.</p>\n<p><b>Intel; recent price: $48.25</b></p>\n<p><b>Stock decline</b>: -3.1% YTD; -29.5% from 2021 high</p>\n<p><b>Latest insider purchase</b>: 10/25/21</p>\n<p><b>Yield</b>: 2.9%</p>\n<p>Intel stock cracked in late October even though the company posted decent results and beat estimates, thanks to sales strength in data centers, the so-called Internet of Things and Mobileye (self-driving cars). The problem: Intel announced aggressive capital spending that will hurt margins.</p>\n<p>Personally, I like companies that invest in their future, especially when the news makes their shares cheaper. Insiders agree, given their large buying. The Intel stock decline this year means virtually anyone who bought in 2021 has a losing position. No doubt many of them were selling in late October to realize tax losses, compounding the stock weakness caused by the bullish capital-spending news.</p>\n<p><b>MercadoLibre; recent price: $1,512</b></p>\n<p><b>Stock decline</b>: -7.8% YTD; -23.5% from 2021 high</p>\n<p><b>Latest insider purchases</b>: 8/18/21</p>\n<p><b>Yield</b>: None</p>\n<p>This online retailer in Latin America is having a good year. Sales were up over 100% in the second quarter compared to the year before. Its user base grew 47% to 75.9 million shoppers. The stock has soared into the $1,800 to $2,000 range twice this year. But it’s been weak lately, along with a lot of large-cap tech. Anybody who bought the spikes this year was down quite a bit in late October and probably selling to reap tax losses.</p>\n<p>But insiders are bullish, and why not? Online retail adoption is behind in Latin America, so it has plenty of growth ahead just to catch up with the rest of the world. It will catch up. The growth in distribution centers and last-mile hubs in Latin America supports the trend. The research group eMarketer says Latin America will post the fastest annual e-commerce sales growth in the world over the next several years — about 10 percentage points higher than the global average.</p>\n<p><b>Krispy Kreme; recent price: $12.86</b></p>\n<p><b>Stock decline</b>: -17.7% YTD; -38.9% from 2021 high</p>\n<p><b>Latest insider purchases</b>: 8/19/21 to 9/10/21</p>\n<p><b>Yield</b>: 1.1%</p>\n<p>Krispy Kreme debuted as a stock again in early July in the $16 to $21 range. The stock now trades at $12.89, virtually at the all-time lows. This means any funds that purchased are underwater. Many of them were no doubt looking to realize tax losses.</p>\n<p>But there are several reasons to be bullish. One is big buying by JAB Holding, a European company specializing in consumer-goods stocks. Next, Krispy Kreme’s growth is robust. It reported 23% organic sales growth in the second quarter.</p>\n<p>Krispy Kreme has plenty of room to grow in several key U.S. markets where it is underrepresented, such as New York, Chicago, Boston and Minneapolis. It has room to grow in China, Brazil, and parts of Western Europe. It is also rolling out shelf-stable packaged products, and setting up more in-store&nbsp;display cases in grocery and convenience stores.</p>\n<p><b>Lamb Weston; recent price: $57.49</b></p>\n<p><b>Stock decline</b>: -25.9% YTD; -32.5% from 2021 high</p>\n<p><b>Latest insider purchases</b>: 10/11/21 through 10/20/21</p>\n<p><b>Yield</b>: 1.6%</p>\n<p>If you order fries with your meal, the chances are you’re a customer of this company. Lamb Weston is a huge producer of frozen fries cooked up in restaurants. Based in Idaho (appropriately), this company sells to the top 100 restaurant chains in North America and overseas. McDonald’s&nbsp;is a big customer. You can find its products in grocery stores, too, under the Grown in Idaho and Alexia brands.</p>\n<p>The company has been posting strong sales growth, but earnings have been hit by — you guessed it — inflation and supply-chain problems. It may take a few quarters, but these will turn out to be temporary problems.</p>\n<p>Meanwhile, Lamb Weston has been raising prices on its products, and that too will offset the damage. It just takes some time. Another strength: Lamb Weston has a big presence in high-growth emerging markets.</p>\n<p><b>New Fortress Energy; recent price: $30.56</b></p>\n<p><b>Stock decline</b>: -44.4%; -54.8% from 2021 high</p>\n<p><b>Latest insider purchases</b>: 8/19/21</p>\n<p><b>Yield</b>: 1.3%</p>\n<p>I originally suggested this energy-infrastructure name to subscribers in my stock letter at $10-$11 in June 2019. We still have a triple in the shares despite the big declines this year. I think the stock is a buy in the current pullback.</p>\n<p>New Fortress Energy buys natural gas in the U.S., freezes it into easily shippable liquid natural gas, and then sells to countries converting from dirtier diesel and heavy fuel oil — typically in the Caribbean and Latin America.</p>\n<p>New Fortress Energy stock is down because of concerns about the rising cost of natural gas and the company’s large debt load. But natural gas prices will cool off after the winter heating season, and continued growth will help the company manage its debt levels.</p>\n<p>Insiders sure think so. Execs with solid records recently bought $1 million worth of stock.</p>\n<p>Remember that tax-loss-selling-rebound candidates can suffer another bout of weakness in late December, since retail investors must do their tax-loss selling by the end of the year. That’ll just be another opportunity to add to these companies.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Put these 10 stocks on your radar because they may rebound from recent tax-loss selling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPut these 10 stocks on your radar because they may rebound from recent tax-loss selling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-02 14:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/put-these-10-stocks-on-your-radar-because-they-may-rebound-from-recent-tax-loss-selling-11635776937?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Professional investors tend to dump some of their losers by the end of October, creating greater value in some stocks\nPhoto by Jack Atley/ALLSPORT/Getty Images\nBig investors just finished their tax-...</p>\n\n<a href=\"https://www.marketwatch.com/story/put-these-10-stocks-on-your-radar-because-they-may-rebound-from-recent-tax-loss-selling-11635776937?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QCOM":"高通","GPN":"环汇有限公司","MELI":"MercadoLibre","NFE":"New Fortress Energy LLC","TMUS":"T-Mobile US Inc","VTRS":"Viatris Inc.","INCY":"因塞特医疗","DNUT":"Krispy Kreme, Inc.","LW":"Lamb Weston Holdings, Inc.","INTC":"英特尔"},"source_url":"https://www.marketwatch.com/story/put-these-10-stocks-on-your-radar-because-they-may-rebound-from-recent-tax-loss-selling-11635776937?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196323855","content_text":"Professional investors tend to dump some of their losers by the end of October, creating greater value in some stocks\nPhoto by Jack Atley/ALLSPORT/Getty Images\nBig investors just finished their tax-loss selling. So it’s time to root through the wreckage to find bargains to buy.\nThis trade consistently works well because mutual funds and other large investors have to realize their tax losses by Oct. 31. After that, the stocks that they hammered tend to outperform.\nBy how much?\nSince 1986, S&P 500 stocks down more than 10% in the first 10 months of the year (the top tax-loss selling candidates) rose 5.6% over the subsequent three months, according to Bank of America. That’s 1.6 percentage point outperformance relative to the S&P 500’s average return of 3.9% during the same time.\nAfter tax-loss selling, these stocks can get a boost from seasonally bullish market tailwinds. During Nov. 1 through Jan. 31, the S&P 500 has averaged 4.5% gains since 1936, compared with 2.9% for all other rolling three-month periods, says Bank of America.\nInstitutional investors have been big sellers of stock in recent weeks, and they’ve leaned heavily on their tax-loss selling candidates. To find the best bargains, Bank of America screened the S&P 500 for stocks with year-to-date (YTD) declines greater than 10%. Then the bank suggested clients consider the 13 it has buy ratings on. That list includes Global Payments,Viatris,Incyte,Qualcomm and T-Mobile.\nI’ll take a different approach. I’ll favor names that are down a lot where insiders were recently buying a meaningful amount of stock — based on my system of analyzing insider purchases at my stock letter Brush Up on Stocks. (You can find the link to my letter in the bio below.)\nThe significant insider buying suggests that business trends will support stock gains from early November and beyond. I recently suggested 22 of these names in my stock letter. Here are five to consider.\nIntel; recent price: $48.25\nStock decline: -3.1% YTD; -29.5% from 2021 high\nLatest insider purchase: 10/25/21\nYield: 2.9%\nIntel stock cracked in late October even though the company posted decent results and beat estimates, thanks to sales strength in data centers, the so-called Internet of Things and Mobileye (self-driving cars). The problem: Intel announced aggressive capital spending that will hurt margins.\nPersonally, I like companies that invest in their future, especially when the news makes their shares cheaper. Insiders agree, given their large buying. The Intel stock decline this year means virtually anyone who bought in 2021 has a losing position. No doubt many of them were selling in late October to realize tax losses, compounding the stock weakness caused by the bullish capital-spending news.\nMercadoLibre; recent price: $1,512\nStock decline: -7.8% YTD; -23.5% from 2021 high\nLatest insider purchases: 8/18/21\nYield: None\nThis online retailer in Latin America is having a good year. Sales were up over 100% in the second quarter compared to the year before. Its user base grew 47% to 75.9 million shoppers. The stock has soared into the $1,800 to $2,000 range twice this year. But it’s been weak lately, along with a lot of large-cap tech. Anybody who bought the spikes this year was down quite a bit in late October and probably selling to reap tax losses.\nBut insiders are bullish, and why not? Online retail adoption is behind in Latin America, so it has plenty of growth ahead just to catch up with the rest of the world. It will catch up. The growth in distribution centers and last-mile hubs in Latin America supports the trend. The research group eMarketer says Latin America will post the fastest annual e-commerce sales growth in the world over the next several years — about 10 percentage points higher than the global average.\nKrispy Kreme; recent price: $12.86\nStock decline: -17.7% YTD; -38.9% from 2021 high\nLatest insider purchases: 8/19/21 to 9/10/21\nYield: 1.1%\nKrispy Kreme debuted as a stock again in early July in the $16 to $21 range. The stock now trades at $12.89, virtually at the all-time lows. This means any funds that purchased are underwater. Many of them were no doubt looking to realize tax losses.\nBut there are several reasons to be bullish. One is big buying by JAB Holding, a European company specializing in consumer-goods stocks. Next, Krispy Kreme’s growth is robust. It reported 23% organic sales growth in the second quarter.\nKrispy Kreme has plenty of room to grow in several key U.S. markets where it is underrepresented, such as New York, Chicago, Boston and Minneapolis. It has room to grow in China, Brazil, and parts of Western Europe. It is also rolling out shelf-stable packaged products, and setting up more in-store display cases in grocery and convenience stores.\nLamb Weston; recent price: $57.49\nStock decline: -25.9% YTD; -32.5% from 2021 high\nLatest insider purchases: 10/11/21 through 10/20/21\nYield: 1.6%\nIf you order fries with your meal, the chances are you’re a customer of this company. Lamb Weston is a huge producer of frozen fries cooked up in restaurants. Based in Idaho (appropriately), this company sells to the top 100 restaurant chains in North America and overseas. McDonald’s is a big customer. You can find its products in grocery stores, too, under the Grown in Idaho and Alexia brands.\nThe company has been posting strong sales growth, but earnings have been hit by — you guessed it — inflation and supply-chain problems. It may take a few quarters, but these will turn out to be temporary problems.\nMeanwhile, Lamb Weston has been raising prices on its products, and that too will offset the damage. It just takes some time. Another strength: Lamb Weston has a big presence in high-growth emerging markets.\nNew Fortress Energy; recent price: $30.56\nStock decline: -44.4%; -54.8% from 2021 high\nLatest insider purchases: 8/19/21\nYield: 1.3%\nI originally suggested this energy-infrastructure name to subscribers in my stock letter at $10-$11 in June 2019. We still have a triple in the shares despite the big declines this year. I think the stock is a buy in the current pullback.\nNew Fortress Energy buys natural gas in the U.S., freezes it into easily shippable liquid natural gas, and then sells to countries converting from dirtier diesel and heavy fuel oil — typically in the Caribbean and Latin America.\nNew Fortress Energy stock is down because of concerns about the rising cost of natural gas and the company’s large debt load. But natural gas prices will cool off after the winter heating season, and continued growth will help the company manage its debt levels.\nInsiders sure think so. Execs with solid records recently bought $1 million worth of stock.\nRemember that tax-loss-selling-rebound candidates can suffer another bout of weakness in late December, since retail investors must do their tax-loss selling by the end of the year. That’ll just be another opportunity to add to these companies.","news_type":1,"symbols_score_info":{"DNUT":0.9,"GPN":0.9,"INCY":0.9,"INTC":0.9,"LW":0.9,"MELI":0.9,"NFE":0.9,"QCOM":0.9,"TMUS":0.9,"VTRS":0.9}},"isVote":1,"tweetType":1,"viewCount":1964,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":883504807,"gmtCreate":1631251038809,"gmtModify":1631884041851,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/G13.SI\">$云顶新加坡(G13.SI)$</a>很有吸引力的价钱","listText":"<a href=\"https://laohu8.com/S/G13.SI\">$云顶新加坡(G13.SI)$</a>很有吸引力的价钱","text":"$云顶新加坡(G13.SI)$很有吸引力的价钱","images":[{"img":"https://static.tigerbbs.com/94fe94a0e81a233fbb728c474bde9e2c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/883504807","isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":884573476,"gmtCreate":1631923219895,"gmtModify":1632805366135,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PRCT\">$PROCEPT BioRobotics(PRCT)$</a>未来是不是更需要机器人更精准的手术呢","listText":"<a href=\"https://laohu8.com/S/PRCT\">$PROCEPT BioRobotics(PRCT)$</a>未来是不是更需要机器人更精准的手术呢","text":"$PROCEPT BioRobotics(PRCT)$未来是不是更需要机器人更精准的手术呢","images":[{"img":"https://static.tigerbbs.com/430d2bc9ac00ebda99852003c4bf1bc3","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/884573476","isVote":1,"tweetType":1,"viewCount":767,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":834995318,"gmtCreate":1629765517634,"gmtModify":1631889769240,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/834995318","repostId":"2161777114","repostType":4,"repost":{"id":"2161777114","kind":"highlight","pubTimestamp":1629754550,"share":"https://ttm.financial/m/news/2161777114?lang=&edition=full","pubTime":"2021-08-24 05:35","market":"us","language":"zh","title":"外媒头条：华尔街关注9月FOMC会议减码信号","url":"https://stock-news.laohu8.com/highlight/detail?id=2161777114","media":"新浪财经","summary":"　　美国利率策略师在周报中评估了美联储宣布减码的潜在市场影响，以及围绕9月FOMC会议的风险。　　高盛最新报告称，美联储主席鲍威尔在杰克逊霍尔研讨会上发表惊人言语的可能性不大，9月FOMC会议才是关键。高盛预计该会议上可能包含“11月发布减码声明的明确信号”，点阵图可能显示到2024年至多加息100个基点，“远超过当前市场定价”。　　关于美联储减码，花旗基线预期时9月份宣布消息，12月正式开始缩减购债规模。","content":"<p><b>全球财经媒体昨夜今晨共同关注的头条新闻主要有：</b></p>\n<blockquote>\n <b>1、杰克逊霍尔年会只是前菜 华尔街更关注9月FOMC会议减码信号</b>\n</blockquote>\n<blockquote>\n <b>2、安联首席经济顾问：年底前美股不太可能出现大幅回调</b>\n</blockquote>\n<blockquote>\n <b>3、美国8月份服务业和制造业增速放缓至八个月低点</b>\n</blockquote>\n<blockquote>\n <b>4、<a href=\"https://laohu8.com/S/PFE\">辉瑞</a>和BioNTech开发的新冠疫苗获美国FDA完全批准</b>\n</blockquote>\n<blockquote>\n <b>5、芯片短缺局面势将加剧 因马来西亚遭遇疫情冲击</b>\n</blockquote>\n<blockquote>\n <b>6、美元流动性泛滥 美联储构筑的利率底部一击即溃</b>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/bf7e01ef0cf83825a2268e9851f450b3\" tg-width=\"550\" tg-height=\"267\" referrerpolicy=\"no-referrer\"><b>杰克逊霍尔年会只是前菜 华尔街更关注9月FOMC会议减码信号</b></p>\n<p>美国利率策略师在周报中评估了美联储宣布减码的潜在市场影响，以及围绕9月FOMC会议的风险。</p>\n<p><a href=\"https://laohu8.com/S/GS\">高盛</a>最新报告称，美联储主席鲍威尔在杰克逊霍尔研讨会上发表惊人言语的可能性不大，9月FOMC会议才是关键。高盛预计该会议上可能包含“11月发布减码声明的明确信号”，点阵图可能显示到2024年至多加息100个基点，“远超过当前市场定价”。</p>\n<p><a href=\"https://laohu8.com/S/C\">花旗</a>则认为，投资者“将较长期美国国债作为避风港，同时在等待对德尔塔毒株/地缘政治的担忧减弱，压低长端期限溢价”，这导致短期收益率水平与市场对美联储将在明年下半年升息的预期脱节。“因此，我们认为有理由押注2s10s收益率曲线变陡”。</p>\n<p>关于美联储减码，花旗基线预期时9月份宣布消息，12月正式开始缩减购债规模。<img src=\"https://static.tigerbbs.com/d06843a7084d2c0739b008ef5da284af\" tg-width=\"550\" tg-height=\"309\" referrerpolicy=\"no-referrer\"><b>安联首席经济顾问：年底前美股不太可能出现大幅回调</b></p>\n<p>安联首席经济顾问埃里安（Mohamed El-Erian）周一表示，在“重大冲击”打破近期的交易模式之前，股市不太可能出现大幅回调。</p>\n<p>埃里安周一表示，在美联储政策计划的影响变得更加明显之前，股市可能会继续摆脱任何疲软。</p>\n<p>埃里安表示，需要有一次“重大冲击”才能打破投资者逢低买入的倾向。他表示，这些冲击可能是美联储的政策失误或一次“市场意外”。</p>\n<p>埃里安此前一直批评美联储的做法，认为美联储维持宽松政策的时间过长。他表示，接下来的几个月将是关键。</p>\n<p>“直到今年年底，我们才会发现美联储是否犯了重大的政策错误。我认为是的。我认为通胀不会是暂时的，人们低估了通胀动态，”他说。<img src=\"https://static.tigerbbs.com/9b8c71302d359c63f06f362bccb69014\" tg-width=\"550\" tg-height=\"274\" referrerpolicy=\"no-referrer\"><b>美国8月份服务业和制造业增速放缓至八个月低点</b></p>\n<p>美国8月份商业活动继续放缓，在原材料和劳动力短缺，新冠感染人数上升的背景下，商业活动扩张速度降至8个月最低水平。</p>\n<p>IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a>周一公布数据显示，8月服务业和制造业采购经理人综合指数（PMI）从一个月前的59.9降至55.4。读数高于50表明经济活动扩张，该指标自5月份触及纪录高位68.7以来便逐月下降。</p>\n<p>本月的回调凸显出供应链中断对那些本就难以满足市场需求的企业构成打击。服务提供商和制造商在吸引员工和获取供应方面继续面临挑战。</p>\n<p>受限的产能正在转化为持续的通胀压力。8月份投入价格指标升至2009年以来的次高水平。接收价格指标也有所上升，表明企业在转嫁成本上升方面取得了一些成功。<img src=\"https://static.tigerbbs.com/3dc60270fab0e814db09bd4eb056fa68\" tg-width=\"550\" tg-height=\"310\" referrerpolicy=\"no-referrer\"><b>辉瑞和BioNTech开发的新冠疫苗获美国FDA完全批准</b></p>\n<p>辉瑞公司和<a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a>联合开发的新冠疫苗获得美国监管机构的完全批准，在德尔塔毒株引起感染激增的情况下，此举有望推动美国的疫苗接种行动。</p>\n<p>美国食品药品监督管理局（FDA）在一份声明中表示，已批准16岁及以上人群接种该款新冠疫苗，商标名为Comirnaty。</p>\n<p>该机构表示，根据紧急使用授权，该疫苗可用于12至15岁人群。<img src=\"https://static.tigerbbs.com/522242d4b3fea05e5c18336cf45f9986\" tg-width=\"550\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><b>芯片短缺局面势将加剧 因马来西亚遭遇疫情冲击</b></p>\n<p>马来西亚的新冠病例数正在激增，有可能加剧半导体和其他零部件的短缺，而这些问题已经困扰了汽车制造商数月之久。</p>\n<p>从历史上看，这个东南亚国家对科技供应链的重要程度没有韩国或日本那么大。但近年来，马来西亚正崛起为芯片测试和封装的一个重要中心，<a href=\"https://laohu8.com/S/0KED.UK\">英飞凌</a>、<a href=\"https://laohu8.com/S/NXPI\">恩智浦</a>半导体和<a href=\"https://laohu8.com/S/STM\">意法半导体</a>等都在该国设立了工厂。</p>\n<p>目前该国疫情正在急剧升温，从而危及解除封锁和恢复满负荷生产的计划。日新增病例的7天平均数已经超过2万，而6月底时仅略高于5000。</p>\n<p>根据非正式指引，如果有超过三名工人感染病毒，则相关工厂必须彻底关闭两周时间进行卫生消毒。德尔塔毒株特别具有传染性，因此很难阻止。<img src=\"https://static.tigerbbs.com/f84749163cbaffaa32e9b88e4b1294be\" tg-width=\"550\" tg-height=\"366\" referrerpolicy=\"no-referrer\"><b>美元流动性泛滥 美联储构筑的利率底部一击即溃</b></p>\n<p>美联储为隔夜融资市场构筑的利率底部在汹涌的流动性面前不堪一击。</p>\n<p>从美国国库券到回购协议，货币市场多种证券的利率持续低于0.05%的美联储隔夜逆回购利率，该利率本应被视为短期利率的下限。 美联储在6月会议上将隔夜逆回购利率调整了5个基点，以帮助支持短期融资市场的平稳运行。不过，周一隔夜逆回购工具的使用量再创纪录，达到1.136万亿美元，超过了8月18日触及的前记录1.116万亿美元。</p>\n<p>随着大量美元继续淹没融资市场，市场对逆回购的需求激增。流动性暴增一定程度上是因为美联储继续购买资产，以及美国财政部从现金账户提取资金的行为令更多储备金被推入系统中。财政部为了给债务上限留出空间而削减美债发行量的举动进一步加剧了流动性泛滥。</p>","source":"highlight_sina","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>外媒头条：华尔街关注9月FOMC会议减码信号</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n外媒头条：华尔街关注9月FOMC会议减码信号\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 05:35 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/stock/usstock/c/2021-08-24/doc-ikqcfncc4603555.shtml><strong>新浪财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>全球财经媒体昨夜今晨共同关注的头条新闻主要有：\n\n1、杰克逊霍尔年会只是前菜 华尔街更关注9月FOMC会议减码信号\n\n\n2、安联首席经济顾问：年底前美股不太可能出现大幅回调\n\n\n3、美国8月份服务业和制造业增速放缓至八个月低点\n\n\n4、辉瑞和BioNTech开发的新冠疫苗获美国FDA完全批准\n\n\n5、芯片短缺局面势将加剧 因马来西亚遭遇疫情冲击\n\n\n6、美元流动性泛滥 美联储构筑的利率底部一击即溃...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-08-24/doc-ikqcfncc4603555.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6a8642475395bb363eacb86148917e7b","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".SPX":"S&P 500 Index","QID":"纳指两倍做空ETF","UDOW":"道指三倍做多ETF-ProShares","TQQQ":"纳指三倍做多ETF","UPRO":"三倍做多标普500ETF","DXD":"道指两倍做空ETF","QQQ":"纳指100ETF","DOG":"道指反向ETF","DJX":"1/100道琼斯","OEX":"标普100","OEF":"标普100指数ETF-iShares","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","SPXU":"三倍做空标普500ETF","SDOW":"道指三倍做空ETF-ProShares","QLD":"纳指两倍做多ETF","DDM":"道指两倍做多ETF","SPY":"标普500ETF",".DJI":"道琼斯","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","SDS":"两倍做空标普500ETF",".IXIC":"NASDAQ Composite","IVV":"标普500指数ETF"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-08-24/doc-ikqcfncc4603555.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2161777114","content_text":"全球财经媒体昨夜今晨共同关注的头条新闻主要有：\n\n1、杰克逊霍尔年会只是前菜 华尔街更关注9月FOMC会议减码信号\n\n\n2、安联首席经济顾问：年底前美股不太可能出现大幅回调\n\n\n3、美国8月份服务业和制造业增速放缓至八个月低点\n\n\n4、辉瑞和BioNTech开发的新冠疫苗获美国FDA完全批准\n\n\n5、芯片短缺局面势将加剧 因马来西亚遭遇疫情冲击\n\n\n6、美元流动性泛滥 美联储构筑的利率底部一击即溃\n\n杰克逊霍尔年会只是前菜 华尔街更关注9月FOMC会议减码信号\n美国利率策略师在周报中评估了美联储宣布减码的潜在市场影响，以及围绕9月FOMC会议的风险。\n高盛最新报告称，美联储主席鲍威尔在杰克逊霍尔研讨会上发表惊人言语的可能性不大，9月FOMC会议才是关键。高盛预计该会议上可能包含“11月发布减码声明的明确信号”，点阵图可能显示到2024年至多加息100个基点，“远超过当前市场定价”。\n花旗则认为，投资者“将较长期美国国债作为避风港，同时在等待对德尔塔毒株/地缘政治的担忧减弱，压低长端期限溢价”，这导致短期收益率水平与市场对美联储将在明年下半年升息的预期脱节。“因此，我们认为有理由押注2s10s收益率曲线变陡”。\n关于美联储减码，花旗基线预期时9月份宣布消息，12月正式开始缩减购债规模。安联首席经济顾问：年底前美股不太可能出现大幅回调\n安联首席经济顾问埃里安（Mohamed El-Erian）周一表示，在“重大冲击”打破近期的交易模式之前，股市不太可能出现大幅回调。\n埃里安周一表示，在美联储政策计划的影响变得更加明显之前，股市可能会继续摆脱任何疲软。\n埃里安表示，需要有一次“重大冲击”才能打破投资者逢低买入的倾向。他表示，这些冲击可能是美联储的政策失误或一次“市场意外”。\n埃里安此前一直批评美联储的做法，认为美联储维持宽松政策的时间过长。他表示，接下来的几个月将是关键。\n“直到今年年底，我们才会发现美联储是否犯了重大的政策错误。我认为是的。我认为通胀不会是暂时的，人们低估了通胀动态，”他说。美国8月份服务业和制造业增速放缓至八个月低点\n美国8月份商业活动继续放缓，在原材料和劳动力短缺，新冠感染人数上升的背景下，商业活动扩张速度降至8个月最低水平。\nIHS Markit周一公布数据显示，8月服务业和制造业采购经理人综合指数（PMI）从一个月前的59.9降至55.4。读数高于50表明经济活动扩张，该指标自5月份触及纪录高位68.7以来便逐月下降。\n本月的回调凸显出供应链中断对那些本就难以满足市场需求的企业构成打击。服务提供商和制造商在吸引员工和获取供应方面继续面临挑战。\n受限的产能正在转化为持续的通胀压力。8月份投入价格指标升至2009年以来的次高水平。接收价格指标也有所上升，表明企业在转嫁成本上升方面取得了一些成功。辉瑞和BioNTech开发的新冠疫苗获美国FDA完全批准\n辉瑞公司和BioNTech SE联合开发的新冠疫苗获得美国监管机构的完全批准，在德尔塔毒株引起感染激增的情况下，此举有望推动美国的疫苗接种行动。\n美国食品药品监督管理局（FDA）在一份声明中表示，已批准16岁及以上人群接种该款新冠疫苗，商标名为Comirnaty。\n该机构表示，根据紧急使用授权，该疫苗可用于12至15岁人群。芯片短缺局面势将加剧 因马来西亚遭遇疫情冲击\n马来西亚的新冠病例数正在激增，有可能加剧半导体和其他零部件的短缺，而这些问题已经困扰了汽车制造商数月之久。\n从历史上看，这个东南亚国家对科技供应链的重要程度没有韩国或日本那么大。但近年来，马来西亚正崛起为芯片测试和封装的一个重要中心，英飞凌、恩智浦半导体和意法半导体等都在该国设立了工厂。\n目前该国疫情正在急剧升温，从而危及解除封锁和恢复满负荷生产的计划。日新增病例的7天平均数已经超过2万，而6月底时仅略高于5000。\n根据非正式指引，如果有超过三名工人感染病毒，则相关工厂必须彻底关闭两周时间进行卫生消毒。德尔塔毒株特别具有传染性，因此很难阻止。美元流动性泛滥 美联储构筑的利率底部一击即溃\n美联储为隔夜融资市场构筑的利率底部在汹涌的流动性面前不堪一击。\n从美国国库券到回购协议，货币市场多种证券的利率持续低于0.05%的美联储隔夜逆回购利率，该利率本应被视为短期利率的下限。 美联储在6月会议上将隔夜逆回购利率调整了5个基点，以帮助支持短期融资市场的平稳运行。不过，周一隔夜逆回购工具的使用量再创纪录，达到1.136万亿美元，超过了8月18日触及的前记录1.116万亿美元。\n随着大量美元继续淹没融资市场，市场对逆回购的需求激增。流动性暴增一定程度上是因为美联储继续购买资产，以及美国财政部从现金账户提取资金的行为令更多储备金被推入系统中。财政部为了给债务上限留出空间而削减美债发行量的举动进一步加剧了流动性泛滥。","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9,"DDM":0.9,"DJX":0.9,"DOG":0.9,"DXD":0.9,"ESmain":0.9,"MNQmain":0.9,"NQmain":0.9,"TNmain":0.9,"UBmain":0.9,"ZBmain":0.9,"ZFmain":0.9,"ZNmain":0.9,"ZTmain":0.9,"IVV":0.9,"OEF":0.9,"OEX":0.9,"PSQ":0.9,"QID":0.9,"QLD":0.9,"QQQ":0.9,"SDOW":0.9,"SDS":0.9,"SH":0.9,"SPXU":0.9,"SPY":0.9,"SQQQ":0.9,"SSO":0.9,"TQQQ":0.9,"UDOW":0.9,"UPRO":0.9}},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":872862016,"gmtCreate":1637477595939,"gmtModify":1637477596014,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"grab👍","listText":"grab👍","text":"grab👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872862016","repostId":"1143065747","repostType":2,"repost":{"id":"1143065747","kind":"news","pubTimestamp":1637383902,"share":"https://ttm.financial/m/news/1143065747?lang=&edition=full","pubTime":"2021-11-20 12:51","market":"us","language":"en","title":"SPAC Altimeter Growth jumps after setting vote date for Grab deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1143065747","media":"Seeking Alpha","summary":"SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal t","content":"<p><a href=\"https://laohu8.com/S/AGC\">SPAC Altimeter Growth Corp. </a> rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.</p>\n<p><img src=\"https://static.tigerbbs.com/459798d9c6d2d0c428941e1ee2937f4b\" tg-width=\"894\" tg-height=\"635\" width=\"100%\" height=\"auto\"></p>\n<p>Brad Gerstner's AGC announced that that the SEC declared effective the Form F-4 registration statement of Grab Holdings, according to a release.</p>\n<p>Grab is Southeast Asia's most valuable startup and is set to undergo a merger with Altimeter (AGC) at a valuation of $40B in the fourth quarter, pushed back after a delay.</p>\n<p>The deal is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. A public debut from Grab will offer investors access to a regional consumer market of more than 655M people across countries including Indonesia, Thailand and Vietnam.</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>SPAC Altimeter Growth jumps after setting vote date for Grab deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Altimeter Growth jumps after setting vote date for Grab deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-20 12:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.\n\nBrad Gerstner's AGC announced that that the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3773032-spac-altimeter-growth-jumps-after-sending-vote-date-for-grab-deal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143065747","content_text":"SPAC Altimeter Growth Corp.  rose 4.6% after it set a Nov. 30 date for holders to vote on its deal to take Southeast Asia ride-hailing giant Grab public.\n\nBrad Gerstner's AGC announced that that the SEC declared effective the Form F-4 registration statement of Grab Holdings, according to a release.\nGrab is Southeast Asia's most valuable startup and is set to undergo a merger with Altimeter (AGC) at a valuation of $40B in the fourth quarter, pushed back after a delay.\nThe deal is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. A public debut from Grab will offer investors access to a regional consumer market of more than 655M people across countries including Indonesia, Thailand and Vietnam.","news_type":1,"symbols_score_info":{"AGC":0.9}},"isVote":1,"tweetType":1,"viewCount":1540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":822074030,"gmtCreate":1634082511322,"gmtModify":1634082511519,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INTC\">$英特尔(INTC)$</a>🤦‍♂️🤦‍♂️","listText":"<a href=\"https://laohu8.com/S/INTC\">$英特尔(INTC)$</a>🤦‍♂️🤦‍♂️","text":"$英特尔(INTC)$🤦‍♂️🤦‍♂️","images":[{"img":"https://static.tigerbbs.com/9671ab3d4843ba6a879eb20d46325807","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/822074030","isVote":1,"tweetType":1,"viewCount":645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":828616418,"gmtCreate":1633909718821,"gmtModify":1633909718886,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"👏👏👏","listText":"👏👏👏","text":"👏👏👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828616418","repostId":"1198599586","repostType":4,"repost":{"id":"1198599586","kind":"news","pubTimestamp":1633835227,"share":"https://ttm.financial/m/news/1198599586?lang=&edition=full","pubTime":"2021-10-10 11:07","market":"us","language":"zh","title":"华尔街头号死敌！SEC主席的雷霆手段正全面出击","url":"https://stock-news.laohu8.com/highlight/detail?id=1198599586","media":"华尔街见闻","summary":"美国证券交易委员会新任主席Gary Gensler正推进一系列严厉的监管计划。","content":"<p>美国证券交易委员会新任主席Gary Gensler正推进一系列严厉的监管计划，这可能对华尔街未来盈利产生深远影响。</p>\n<p>Robinhood末日？</p>\n<p>彭博统计显示，Gensler正在制定的议程数目高达49个，监管对象涉及高频交易公司、私募股权管理公司、共同基金和在线经纪公司等。</p>\n<p>在股票市场，最大的监管议题在于影响散户投资者交易的“订单流支付”（Payment for Order Flow PFOF），即经纪公司将客户订单发送给不同的交易执行方所获得的报酬和利益。</p>\n<p>在订单流支付的安排下，诸如Robinhood等“零佣金”经纪商将散户交易者的订单信息发送给诸如Citadel Securities等高频交易公司，后者在支付价格不菲的经纪人佣金后，利用散户的买卖价格差信息获取利益。</p>\n<p>虽然SEC此前允许PFOF交易的进行，但Gensler认为订单流支付给经纪人带来了利益冲突，市场的透明度也随之降低。在8月的国会听证会上，<b>Gensler称其希望完全禁止订单流支付交易，这在当时引发Robinhood等在线经纪商股价大跌。</b></p>\n<p>股票交易“游戏化”（gamification）也是Gensler的重点关注议题。其公开表示，通过类似视频游戏的提示，Robinhood等在线交易软件正诱导公司客户过度进行交易。</p>\n<p>在信息披露方面，Gensler要求基金经理提供他们声称对环境或社会负责的（SEG）产品的更多信息。其认为，基金没有使用一致的指标来支持其“绿色”营销主张，这使得投资者很难对它们进行比较。</p>\n<p>而要求对冲基金强制披露空头头寸也在监管讨论范围内。</p>\n<p>民主党内部存在阻力</p>\n<p>但Gensler雄心勃勃的监管目标并非没有挑战。</p>\n<p>彭博报道称，由于相关政策可能需要数年时间才能完成且各大企业可能通过起诉SEC来拖延立法进程，<b>一些民主党人和外部顾问正敦促Gensler将监管目标缩小到更易于管理的范围。</b></p>\n<p>在白宫方面，拜登政府则对诸如通过更强有力的企业信息披露来应对气候变化的规则等特定议程有更大的兴趣。</p>\n<p>二十年来最激进的监管者</p>\n<p>虽然尚未有法案正式推出，但Gensler过往的辉煌记录让市场高度关注其任何细微的举动。</p>\n<p>Gensler在30岁时就跻身高盛合伙人。在华尔街摸爬滚打十八年后，他弃商从政，入职克林顿时期的财政部，服务于时任财政部副部长萨默斯(Lawrence Summers)。2009年至2013年出任美国商品期货交易委员会（CFTC）主席。离开政坛后，他栖身象牙塔，在麻省理工斯隆商学院任教。</p>\n<p>在2009年至2013年执掌美国商品期货交易委员会期间，Gensler以激进、咄咄逼人的管理风格闻名。在金融危机后，针对体量巨大的场外掉期市场实施了强有力的管理措施，还帮助起草了2010年出台的《多德-弗兰克法案》（Dodd-Frank Act）。</p>\n<p>在他的领导下，曾经长期被视为一潭死水的CFTC变成了华尔街最积极的监管机构。而华尔街乃至整个金融业也因为他推行的一系列监管改革和新规付出了几十亿美元的代价，“罪名”包括操纵Libor、抵押贷款违规等。</p>\n<p>Gensler2010年接受纽约时报采访时曾表示：“华尔街的利益并不总是与公众的利益相同。”</p>\n<p>“律师、监管人士和游说者表示，Gensler很可能是自本世纪初William Donaldson领导证交会、或者自克林顿政府时期的Arthur Levitt任职以来，最激进、最主张严监管的SEC主席。”华尔街日报称。</p>","source":"highlight_wallstreetcn","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>华尔街头号死敌！SEC主席的雷霆手段正全面出击</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; 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n华尔街头号死敌！SEC主席的雷霆手段正全面出击\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-10 11:07 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3641936><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>美国证券交易委员会新任主席Gary Gensler正推进一系列严厉的监管计划，这可能对华尔街未来盈利产生深远影响。\nRobinhood末日？\n彭博统计显示，Gensler正在制定的议程数目高达49个，监管对象涉及高频交易公司、私募股权管理公司、共同基金和在线经纪公司等。\n在股票市场，最大的监管议题在于影响散户投资者交易的“订单流支付”（Payment for Order Flow PFOF），即...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3641936\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cd7287e60411e6c4e9bc5f97f8d7aa37","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://wallstreetcn.com/articles/3641936","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1198599586","content_text":"美国证券交易委员会新任主席Gary Gensler正推进一系列严厉的监管计划，这可能对华尔街未来盈利产生深远影响。\nRobinhood末日？\n彭博统计显示，Gensler正在制定的议程数目高达49个，监管对象涉及高频交易公司、私募股权管理公司、共同基金和在线经纪公司等。\n在股票市场，最大的监管议题在于影响散户投资者交易的“订单流支付”（Payment for Order Flow PFOF），即经纪公司将客户订单发送给不同的交易执行方所获得的报酬和利益。\n在订单流支付的安排下，诸如Robinhood等“零佣金”经纪商将散户交易者的订单信息发送给诸如Citadel Securities等高频交易公司，后者在支付价格不菲的经纪人佣金后，利用散户的买卖价格差信息获取利益。\n虽然SEC此前允许PFOF交易的进行，但Gensler认为订单流支付给经纪人带来了利益冲突，市场的透明度也随之降低。在8月的国会听证会上，Gensler称其希望完全禁止订单流支付交易，这在当时引发Robinhood等在线经纪商股价大跌。\n股票交易“游戏化”（gamification）也是Gensler的重点关注议题。其公开表示，通过类似视频游戏的提示，Robinhood等在线交易软件正诱导公司客户过度进行交易。\n在信息披露方面，Gensler要求基金经理提供他们声称对环境或社会负责的（SEG）产品的更多信息。其认为，基金没有使用一致的指标来支持其“绿色”营销主张，这使得投资者很难对它们进行比较。\n而要求对冲基金强制披露空头头寸也在监管讨论范围内。\n民主党内部存在阻力\n但Gensler雄心勃勃的监管目标并非没有挑战。\n彭博报道称，由于相关政策可能需要数年时间才能完成且各大企业可能通过起诉SEC来拖延立法进程，一些民主党人和外部顾问正敦促Gensler将监管目标缩小到更易于管理的范围。\n在白宫方面，拜登政府则对诸如通过更强有力的企业信息披露来应对气候变化的规则等特定议程有更大的兴趣。\n二十年来最激进的监管者\n虽然尚未有法案正式推出，但Gensler过往的辉煌记录让市场高度关注其任何细微的举动。\nGensler在30岁时就跻身高盛合伙人。在华尔街摸爬滚打十八年后，他弃商从政，入职克林顿时期的财政部，服务于时任财政部副部长萨默斯(Lawrence Summers)。2009年至2013年出任美国商品期货交易委员会（CFTC）主席。离开政坛后，他栖身象牙塔，在麻省理工斯隆商学院任教。\n在2009年至2013年执掌美国商品期货交易委员会期间，Gensler以激进、咄咄逼人的管理风格闻名。在金融危机后，针对体量巨大的场外掉期市场实施了强有力的管理措施，还帮助起草了2010年出台的《多德-弗兰克法案》（Dodd-Frank Act）。\n在他的领导下，曾经长期被视为一潭死水的CFTC变成了华尔街最积极的监管机构。而华尔街乃至整个金融业也因为他推行的一系列监管改革和新规付出了几十亿美元的代价，“罪名”包括操纵Libor、抵押贷款违规等。\nGensler2010年接受纽约时报采访时曾表示：“华尔街的利益并不总是与公众的利益相同。”\n“律师、监管人士和游说者表示，Gensler很可能是自本世纪初William Donaldson领导证交会、或者自克林顿政府时期的Arthur Levitt任职以来，最激进、最主张严监管的SEC主席。”华尔街日报称。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821850770,"gmtCreate":1633734235012,"gmtModify":1633734235211,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OPEN\">$Opendoor Technologies Inc(OPEN)$</a>长期看好，长期持有","listText":"<a href=\"https://laohu8.com/S/OPEN\">$Opendoor Technologies Inc(OPEN)$</a>长期看好，长期持有","text":"$Opendoor Technologies Inc(OPEN)$长期看好，长期持有","images":[{"img":"https://static.tigerbbs.com/428468bb46e2af8c1fe29ab47e35e0ea","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821850770","isVote":1,"tweetType":1,"viewCount":884,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":868856496,"gmtCreate":1632631679115,"gmtModify":1632648583818,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OPEN\">$Opendoor Technologies Inc(OPEN)$</a>小试","listText":"<a href=\"https://laohu8.com/S/OPEN\">$Opendoor Technologies Inc(OPEN)$</a>小试","text":"$Opendoor Technologies Inc(OPEN)$小试","images":[{"img":"https://static.tigerbbs.com/0bbf587eae66a37f6040b821a6c97490","width":"1080","height":"3123"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/868856496","isVote":1,"tweetType":1,"viewCount":570,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":880685319,"gmtCreate":1631055548431,"gmtModify":1631889769172,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"继续看好intel，这个这个价值就是非常好的买入价，也许现在看起来和amd nvdia比较起来是那么的不值钱，不过未来很大机会拿回它的市场💪","listText":"继续看好intel，这个这个价值就是非常好的买入价，也许现在看起来和amd nvdia比较起来是那么的不值钱，不过未来很大机会拿回它的市场💪","text":"继续看好intel，这个这个价值就是非常好的买入价，也许现在看起来和amd nvdia比较起来是那么的不值钱，不过未来很大机会拿回它的市场💪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880685319","repostId":"2165368597","repostType":2,"repost":{"id":"2165368597","kind":"news","pubTimestamp":1631053876,"share":"https://ttm.financial/m/news/2165368597?lang=&edition=full","pubTime":"2021-09-08 06:31","market":"us","language":"zh","title":"英特尔或将在明年推出自动驾驶出租车业务","url":"https://stock-news.laohu8.com/highlight/detail?id=2165368597","media":"品玩","summary":"品玩9月8日讯，据Tech Crunch报道，英特尔旗下子公司 Mobileye 将和租车公司 Sixt SE 进行合作，明年在德国慕尼黑推出自动驾驶出租车服务。据悉，该服务将会使用蔚来的 ES8 作为驾驶车辆，测试车辆将会从几十辆汽车开始，在获得监管部门批准后开始商业运营。日后，这项自动驾驶服务还将会推广到整个欧洲。","content":"<html><body><article><p>品玩9月8日讯，据Tech Crunch报道，<a href=\"https://laohu8.com/S/INTC\">英特尔</a>旗下子公司 <a href=\"https://laohu8.com/S/MBLY\">Mobileye</a> 将和租车公司 Sixt SE 进行合作，明年在德国慕尼黑推出自动驾驶出租车服务。</p><p>据悉，该服务将会使用<a href=\"https://laohu8.com/S/NIO\">蔚来</a>的 ES8 作为驾驶车辆，测试车辆将会从几十辆汽车开始，在获得监管部门批准后开始商业运营。日后，这项自动驾驶服务还将会推广到整个欧洲。</p></article></body></html>","source":"tencent","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>英特尔或将在明年推出自动驾驶出租车业务</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{ 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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n英特尔或将在明年推出自动驾驶出租车业务\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 06:31 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021090806320479ed7d4d&s=b><strong>品玩</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>品玩9月8日讯，据Tech Crunch报道，英特尔旗下子公司 Mobileye 将和租车公司 Sixt SE 进行合作，明年在德国慕尼黑推出自动驾驶出租车服务。据悉，该服务将会使用蔚来的 ES8 作为驾驶车辆，测试车辆将会从几十辆汽车开始，在获得监管部门批准后开始商业运营。日后，这项自动驾驶服务还将会推广到整个欧洲。</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021090806320479ed7d4d&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c0e74fc4bd3f324708cde2effd696613","relate_stocks":{"INTC":"英特尔"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021090806320479ed7d4d&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2165368597","content_text":"品玩9月8日讯，据Tech Crunch报道，英特尔旗下子公司 Mobileye 将和租车公司 Sixt SE 进行合作，明年在德国慕尼黑推出自动驾驶出租车服务。据悉，该服务将会使用蔚来的 ES8 作为驾驶车辆，测试车辆将会从几十辆汽车开始，在获得监管部门批准后开始商业运营。日后，这项自动驾驶服务还将会推广到整个欧洲。","news_type":1,"symbols_score_info":{"INTC":0.6}},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":837770427,"gmtCreate":1629932217469,"gmtModify":1631885478765,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INTC\">$英特尔(INTC)$</a>还行","listText":"<a href=\"https://laohu8.com/S/INTC\">$英特尔(INTC)$</a>还行","text":"$英特尔(INTC)$还行","images":[{"img":"https://static.tigerbbs.com/65577715232ac2e9a613a43b205ccb55","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837770427","isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":837350964,"gmtCreate":1629858706258,"gmtModify":1631885478780,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INTC\">$英特尔(INTC)$</a>稳着","listText":"<a href=\"https://laohu8.com/S/INTC\">$英特尔(INTC)$</a>稳着","text":"$英特尔(INTC)$稳着","images":[{"img":"https://static.tigerbbs.com/84f6e51501cfaea21c029897a658abdc","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837350964","isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":600958657,"gmtCreate":1638059241516,"gmtModify":1638059241593,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"👍👍","listText":"👍👍","text":"👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600958657","repostId":"1150186665","repostType":4,"repost":{"id":"1150186665","kind":"news","pubTimestamp":1637973315,"share":"https://ttm.financial/m/news/1150186665?lang=&edition=full","pubTime":"2021-11-27 08:35","market":"us","language":"zh","title":"2015年底与2018年底的美股调整，会重现吗?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150186665","media":"静观金融","summary":"未来1-2个月美股有可能出现超过15%的调整。","content":"<p>作者：张静静</p>\n<p><b>摘要</b></p>\n<p><b>美股为何在2015年底与2018年底出现调整？</b>经济放缓叠加过于强烈的加息预期。2015年11月3日至2016年2月11日期间标普500指数下挫13.3%，2018年10月1日至12月24日期间标普500指数下挫19.6%。这两次调整背后存在相似的宏观背景：经济放缓叠加过于强烈的加息预期。2015年Q4美国实际GDP环比折年率放缓至0.6%。在此背景下，美联储不仅在2015年12月议息会议上落地了加息靴子，并且向市场传递了2016年美联储还将加息4次的前瞻指引。与2015年Q4情况类似，2018年Q4美国实际GDP环比折年率降至0.9%。与此同时，美联储在2018年加息4次，且2018年9月美联储议息会议点阵图暗示2019年仍有2-3次加息，10年期美债收益率又在11月8日升至3.24%。</p>\n<p><b>为什么2018年Q4美国经济增速高于2015年Q4，但美股跌幅却大于2015年Q4？</b>因为2018年Q4美股估值和无风险利率水平亦同时偏高。换言之，2015年Q4与2018年Q4美股下跌的核心原因是经济放缓，但是过于强烈的加息预期是美股调整的催化剂，调整幅度则取决于美股估值与无风险利率水平及其变化。</p>\n<p><b>当前美股的风险点：新的变异病毒与过于强烈的加息预期。</b>11月24日美国亚特兰大联储预计Q4美国实际GDP环比折年率为8.6%，远高于Q3的实际值为2.1%，而此前对美国经济的乐观预期或已部分反映在美股走势中。但是事情可能出现了一些变化。近期全球出现了一种代号为B.1.1.529的新冠病毒，或较delta菌株有更高的传染性。在该病毒被关注后，周五海外市场出现了明显的担忧。此外，与经济下行担忧共存的是处于1930年以来次高水位的标普500指数10年席勒周期调整市盈率以及明年加息3次的市场预期。当前美股面临的经济放缓预期以及过于强烈的加息预期与2015年底及2018年底极为类似，加上估值过高，预计未来1-2个月美股有可能出现超过15%的调整。</p>\n<p><b>美股会不会进入熊市？</b>不会的，加息预期降温后美股将再度企稳。首先，只要美国不再重新防疫封锁，经济出现超预期、大幅下行的概率仍然不是很高。此外，2016年初与2018年底美股调整后美联储立即调降了加息预期，随着货币政策态度转鸽，美股也逐步企稳、转涨。当前极为强烈的加息预期反而可能是美联储的筹码，一旦市场出现较大的下行风险，调降加息预期就能达到“安全垫”作用、缓解市场压力。总体而言，我们预计未来1-2月标普500指数或有超过15%(超过2015年底的调整幅度)的调整。但随后美联储有望通过打压加息预期的方式对冲市场风险，令美股再度企稳。</p>\n<p><b>正文</b></p>\n<p>一、美股为何在2015年底与2018年底出现调整?</p>\n<p>2015年11月3日至2016年2月11日期间标普500指数下挫13.3%，2018年10月1日至12月24日期间标普500指数下挫19.6%。除了均在Q4急跌外，2015年与2018年标普500指数走势还有一个共性：年度收跌。那么，这种数据共性的背后是否存在相似的宏观因素驱动?答案是肯定的：经济放缓叠加加息预期过于强烈。</p>\n<p>如图2所示，2015年Q4美国实际GDP环比折年率放缓至0.6%，为2014年Q1后最低水平。在此背景下，美联储不仅在2015年12月议息会议上落地了加息靴子，并且通过点阵图向市场传递了2016年美联储还将加息4次的前瞻指引。</p>\n<p><img src=\"https://static.tigerbbs.com/ed149e18b0244a9edbe1b472c8cde6b8\" tg-width=\"1080\" tg-height=\"570\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/7b3cc12f7c55859ab1d56e83483eca6f\" tg-width=\"711\" tg-height=\"541\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/40681ea068596f6d9b62a41c74d9bec9\" tg-width=\"711\" tg-height=\"529\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/4938271edbf46beaa722b206ff1cebd3\" tg-width=\"1055\" tg-height=\"758\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>与2015年Q4情况类似，2018年Q4美国实际GDP环比折年率降至0.9%，创下三年新低。与此同时，美联储在2018年加息4次，且在原油价格大涨的助推下，2018年10月初10年期美债收益率攀升至3.23%，创下2011年5月后最高。不仅如此，2018年9月美联储议息会议点阵图暗示2019年仍有2-3次加息(图5)，这使得油价回落后，10年期美债收益率又在11月8日升至3.24%。</p>\n<p><img src=\"https://static.tigerbbs.com/701ed648edf1b98d8250e98d4be8e422\" tg-width=\"959\" tg-height=\"761\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>那么，为什么2018年Q4美国经济增速高于2015年Q4，但美股跌幅亦大于2015年Q4?因为估值和无风险利率水平亦同时偏高。换言之，我们认为2015年Q4与2018年Q4美股下跌的核心原因是经济放缓，但是过于强烈的加息预期则是美股调整的催化剂，而调整幅度取决于美股估值与无风险利率水平及其变化。</p>\n<p><img src=\"https://static.tigerbbs.com/0d66745bbd4ec62635577332482b6aa4\" tg-width=\"964\" tg-height=\"569\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>二、新的变异病毒与过于强烈的加息预期</p>\n<p>(一)代号为B.1.1.529的新冠病毒引发关注，市场或开始为经济放缓定价</p>\n<p>我们在10月31日报告《美国经济会衰退吗?》中指出，Delta病毒对疫情的影响降温、美国财政补贴结束推动就业意愿回升以及特效药问世等因素共振下，Q4美国经济将显著好于Q3。11月24日美国亚特兰大联储预计Q4美国实际GDP环比折年率为8.6%，远高于Q3的实际值为2.1%。</p>\n<p>但是事情可能出现了一些变化。近期全球出现了一种代号为B.1.1.529的新冠病毒，有更多的“刺突蛋白”突变，这意味着它可能会阻碍身体的免疫反应，更容易传播。相比之下，具有高传染性的delta菌株，在其刺突蛋白结构上只有几个突变，就已经使得delta毒株比以往的菌株更擅长粘附在宿主上。最近几周南非每天新增确诊病例仅200多例，但本周四激增至2465例，可能与此有关[3]。</p>\n<p>在该病毒被关注后，周五海外市场出现了明显的担忧：欧盘阶段德国DAX股指大跌，同期原油、美债收益率也均大幅下行。可见，市场正在为该病毒的潜在风险以及全球经济再度放缓定价。</p>\n<p><img src=\"https://static.tigerbbs.com/585022f5d77aefccede5d43c4b613104\" tg-width=\"959\" tg-height=\"717\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>(二)高估值的美股与过于强烈的加息预期会不会成为美股调整的催化剂?</p>\n<p>与经济下行担忧共存在是处于1930年以来次高水位的标普500指数10年席勒周期调整市盈率(图8)以及明年加息3次的市场预期(图9)。我们认为当前美股面临的经济放缓预期以及过于强烈的加息预期与2015年底及2018年底极为类似，由于估值过高，因此，未来1-2个月美股有可能出现超过15%的调整。</p>\n<p><img src=\"https://static.tigerbbs.com/6e3f4b51e5dacf614ffcf7bde3cbb45c\" tg-width=\"962\" tg-height=\"605\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/795b3050314d46416c587243963413e1\" tg-width=\"961\" tg-height=\"612\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>三、美股会不会进入熊市?不会的，加息预期降温后美股将再度企稳</p>\n<p>首先，只要美国不再重新防疫封锁，经济出现超预期、大幅下行的概率仍然不是很高。此外，2016年初(图10)与2018年底(图11)美股调整后美联储立即调降了加息预期，随着货币政策态度转鸽，美股也逐步企稳、转涨。我们一直认为明年中期选举前美联储并不会落地加息靴子，而当前极为强烈的加息预期反而成为美联储的对冲筹码，一旦市场出现较大的下行风险，调降加息预期就能达到“安全垫”的作用并缓解市场压力。</p>\n<p>由于此前市场对Q4及明年美国经济极为乐观，而新变异病毒的出现大概率将引发市场对于美国乃至全球经济放缓的担忧，因此这种预期差极有可能触发美股调整。加上极高的估值与明年加息3次的预期催化，预计未来1-2月标普500指数或有超过15%(超过2015年底的调整幅度)的调整。但随后美联储有望通过打压加息预期的方式对冲市场风险，令美股再度企稳。</p>\n<p><img src=\"https://static.tigerbbs.com/974b4b06b66bf97f08431cece5211d04\" tg-width=\"966\" tg-height=\"642\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/4dca50ea16f3c1fb391d12a4650dca5e\" tg-width=\"822\" tg-height=\"717\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>","source":"lsy1571618842096","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\" 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}\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2015年底与2018年底的美股调整，会重现吗?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-27 08:35 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.zhitongcaijing.com/content/detail/610638.html><strong>静观金融</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>作者：张静静\n摘要\n美股为何在2015年底与2018年底出现调整？经济放缓叠加过于强烈的加息预期。2015年11月3日至2016年2月11日期间标普500指数下挫13.3%，2018年10月1日至12月24日期间标普500指数下挫19.6%。这两次调整背后存在相似的宏观背景：经济放缓叠加过于强烈的加息预期。2015年Q4美国实际GDP环比折年率放缓至0.6%。在此背景下，美联储不仅在2015年12...</p>\n\n<a href=\"https://www.zhitongcaijing.com/content/detail/610638.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/02ad453d1404f80bdd57419bc97bfad5","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.zhitongcaijing.com/content/detail/610638.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150186665","content_text":"作者：张静静\n摘要\n美股为何在2015年底与2018年底出现调整？经济放缓叠加过于强烈的加息预期。2015年11月3日至2016年2月11日期间标普500指数下挫13.3%，2018年10月1日至12月24日期间标普500指数下挫19.6%。这两次调整背后存在相似的宏观背景：经济放缓叠加过于强烈的加息预期。2015年Q4美国实际GDP环比折年率放缓至0.6%。在此背景下，美联储不仅在2015年12月议息会议上落地了加息靴子，并且向市场传递了2016年美联储还将加息4次的前瞻指引。与2015年Q4情况类似，2018年Q4美国实际GDP环比折年率降至0.9%。与此同时，美联储在2018年加息4次，且2018年9月美联储议息会议点阵图暗示2019年仍有2-3次加息，10年期美债收益率又在11月8日升至3.24%。\n为什么2018年Q4美国经济增速高于2015年Q4，但美股跌幅却大于2015年Q4？因为2018年Q4美股估值和无风险利率水平亦同时偏高。换言之，2015年Q4与2018年Q4美股下跌的核心原因是经济放缓，但是过于强烈的加息预期是美股调整的催化剂，调整幅度则取决于美股估值与无风险利率水平及其变化。\n当前美股的风险点：新的变异病毒与过于强烈的加息预期。11月24日美国亚特兰大联储预计Q4美国实际GDP环比折年率为8.6%，远高于Q3的实际值为2.1%，而此前对美国经济的乐观预期或已部分反映在美股走势中。但是事情可能出现了一些变化。近期全球出现了一种代号为B.1.1.529的新冠病毒，或较delta菌株有更高的传染性。在该病毒被关注后，周五海外市场出现了明显的担忧。此外，与经济下行担忧共存的是处于1930年以来次高水位的标普500指数10年席勒周期调整市盈率以及明年加息3次的市场预期。当前美股面临的经济放缓预期以及过于强烈的加息预期与2015年底及2018年底极为类似，加上估值过高，预计未来1-2个月美股有可能出现超过15%的调整。\n美股会不会进入熊市？不会的，加息预期降温后美股将再度企稳。首先，只要美国不再重新防疫封锁，经济出现超预期、大幅下行的概率仍然不是很高。此外，2016年初与2018年底美股调整后美联储立即调降了加息预期，随着货币政策态度转鸽，美股也逐步企稳、转涨。当前极为强烈的加息预期反而可能是美联储的筹码，一旦市场出现较大的下行风险，调降加息预期就能达到“安全垫”作用、缓解市场压力。总体而言，我们预计未来1-2月标普500指数或有超过15%(超过2015年底的调整幅度)的调整。但随后美联储有望通过打压加息预期的方式对冲市场风险，令美股再度企稳。\n正文\n一、美股为何在2015年底与2018年底出现调整?\n2015年11月3日至2016年2月11日期间标普500指数下挫13.3%，2018年10月1日至12月24日期间标普500指数下挫19.6%。除了均在Q4急跌外，2015年与2018年标普500指数走势还有一个共性：年度收跌。那么，这种数据共性的背后是否存在相似的宏观因素驱动?答案是肯定的：经济放缓叠加加息预期过于强烈。\n如图2所示，2015年Q4美国实际GDP环比折年率放缓至0.6%，为2014年Q1后最低水平。在此背景下，美联储不仅在2015年12月议息会议上落地了加息靴子，并且通过点阵图向市场传递了2016年美联储还将加息4次的前瞻指引。\n\n与2015年Q4情况类似，2018年Q4美国实际GDP环比折年率降至0.9%，创下三年新低。与此同时，美联储在2018年加息4次，且在原油价格大涨的助推下，2018年10月初10年期美债收益率攀升至3.23%，创下2011年5月后最高。不仅如此，2018年9月美联储议息会议点阵图暗示2019年仍有2-3次加息(图5)，这使得油价回落后，10年期美债收益率又在11月8日升至3.24%。\n\n那么，为什么2018年Q4美国经济增速高于2015年Q4，但美股跌幅亦大于2015年Q4?因为估值和无风险利率水平亦同时偏高。换言之，我们认为2015年Q4与2018年Q4美股下跌的核心原因是经济放缓，但是过于强烈的加息预期则是美股调整的催化剂，而调整幅度取决于美股估值与无风险利率水平及其变化。\n\n二、新的变异病毒与过于强烈的加息预期\n(一)代号为B.1.1.529的新冠病毒引发关注，市场或开始为经济放缓定价\n我们在10月31日报告《美国经济会衰退吗?》中指出，Delta病毒对疫情的影响降温、美国财政补贴结束推动就业意愿回升以及特效药问世等因素共振下，Q4美国经济将显著好于Q3。11月24日美国亚特兰大联储预计Q4美国实际GDP环比折年率为8.6%，远高于Q3的实际值为2.1%。\n但是事情可能出现了一些变化。近期全球出现了一种代号为B.1.1.529的新冠病毒，有更多的“刺突蛋白”突变，这意味着它可能会阻碍身体的免疫反应，更容易传播。相比之下，具有高传染性的delta菌株，在其刺突蛋白结构上只有几个突变，就已经使得delta毒株比以往的菌株更擅长粘附在宿主上。最近几周南非每天新增确诊病例仅200多例，但本周四激增至2465例，可能与此有关[3]。\n在该病毒被关注后，周五海外市场出现了明显的担忧：欧盘阶段德国DAX股指大跌，同期原油、美债收益率也均大幅下行。可见，市场正在为该病毒的潜在风险以及全球经济再度放缓定价。\n\n(二)高估值的美股与过于强烈的加息预期会不会成为美股调整的催化剂?\n与经济下行担忧共存在是处于1930年以来次高水位的标普500指数10年席勒周期调整市盈率(图8)以及明年加息3次的市场预期(图9)。我们认为当前美股面临的经济放缓预期以及过于强烈的加息预期与2015年底及2018年底极为类似，由于估值过高，因此，未来1-2个月美股有可能出现超过15%的调整。\n\n三、美股会不会进入熊市?不会的，加息预期降温后美股将再度企稳\n首先，只要美国不再重新防疫封锁，经济出现超预期、大幅下行的概率仍然不是很高。此外，2016年初(图10)与2018年底(图11)美股调整后美联储立即调降了加息预期，随着货币政策态度转鸽，美股也逐步企稳、转涨。我们一直认为明年中期选举前美联储并不会落地加息靴子，而当前极为强烈的加息预期反而成为美联储的对冲筹码，一旦市场出现较大的下行风险，调降加息预期就能达到“安全垫”的作用并缓解市场压力。\n由于此前市场对Q4及明年美国经济极为乐观，而新变异病毒的出现大概率将引发市场对于美国乃至全球经济放缓的担忧，因此这种预期差极有可能触发美股调整。加上极高的估值与明年加息3次的预期催化，预计未来1-2月标普500指数或有超过15%(超过2015年底的调整幅度)的调整。但随后美联储有望通过打压加息预期的方式对冲市场风险，令美股再度企稳。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840969659,"gmtCreate":1635575852412,"gmtModify":1635575852542,"author":{"id":"4091536494292900","authorId":"4091536494292900","name":"李欧8886","avatar":"https://static.tigerbbs.com/b9a7ca0f1e442bd3dc4abce395877cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091536494292900","authorIdStr":"4091536494292900"},"themes":[],"htmlText":"<a 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