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SamuelChoo

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2021-12-19

Ok

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2021-10-05

Ohh

Lordstown Motors shares tumbled nearly 10% in early trading

2021-09-23

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US Services PMI Plunges To 14-Month Low As Input Prices Soar

2021-09-22

Wow

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2021-09-19

👍🏻👍🏻

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2021-09-19

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2021-09-19

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2021-09-18

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2021-09-17

Ohh

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2021-09-16

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2021-09-08

Oh

85% Of High Yield Bonds Have A Negative Real Yield

2021-09-08

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2021-09-04

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2021-09-04

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2021-09-04

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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1633441633,"share":"https://www.laohu8.com/m/news/1119543656?lang=&edition=full","pubTime":"2021-10-05 21:47","market":"us","language":"en","title":"Lordstown Motors shares tumbled nearly 10% in early trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1119543656","media":"Tiger Newspress","summary":"Lordstown Motors shares tumbled nearly 10% in early trading.\nLordstown stock price target cut to $2 ","content":"<p>Lordstown&nbsp;Motors&nbsp;shares&nbsp;tumbled&nbsp;nearly&nbsp;10%&nbsp;in&nbsp;early&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/ebbd6c982020852662b75eba0d0a3ab1\" tg-width=\"878\" tg-height=\"618\" referrerpolicy=\"no-referrer\">Lordstown stock price target cut to $2 from $8 at&nbsp;Morgan Stanley.</p>\n<p>Morgan Stanley lowers Lordstown Motors Corp.&nbsp;to an Underperform rating from Equal-weight after a significant reset of its forecasts and valuation as it factored in last week's update from the electric vehicle maker.</p>\n<p>Analyst Adam Jonas: \"While the agreement with Foxconn helps secure the future of the Lordstown plant and buys time to explore other business opportunities for RIDE (new programs,new platforms,&nbsp;new segments that&nbsp;have yet to be developed), we believe there would likely be little left for shareholders.\"</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>Lordstown Motors shares tumbled nearly 10% in early trading</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\">\nLordstown Motors shares tumbled nearly 10% in early trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-05 21:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lordstown&nbsp;Motors&nbsp;shares&nbsp;tumbled&nbsp;nearly&nbsp;10%&nbsp;in&nbsp;early&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/ebbd6c982020852662b75eba0d0a3ab1\" tg-width=\"878\" tg-height=\"618\" referrerpolicy=\"no-referrer\">Lordstown stock price target cut to $2 from $8 at&nbsp;Morgan Stanley.</p>\n<p>Morgan Stanley lowers Lordstown Motors Corp.&nbsp;to an Underperform rating from Equal-weight after a significant reset of its forecasts and valuation as it factored in last week's update from the electric vehicle maker.</p>\n<p>Analyst Adam Jonas: \"While the agreement with Foxconn helps secure the future of the Lordstown plant and buys time to explore other business opportunities for RIDE (new programs,new platforms,&nbsp;new segments that&nbsp;have yet to be developed), we believe there would likely be little left for shareholders.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119543656","content_text":"Lordstown Motors shares tumbled nearly 10% in early trading.\nLordstown stock price target cut to $2 from $8 at Morgan Stanley.\nMorgan Stanley lowers Lordstown Motors Corp. to an Underperform rating from Equal-weight after a significant reset of its forecasts and valuation as it factored in last week's update from the electric vehicle maker.\nAnalyst Adam Jonas: \"While the agreement with Foxconn helps secure the future of the Lordstown plant and buys time to explore other business opportunities for RIDE (new programs,new platforms, new segments that have yet to be developed), we believe there would likely be little left for shareholders.\"","news_type":1,"symbols_score_info":{"RIDE":0.9}},"isVote":1,"tweetType":1,"viewCount":1449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863552696,"gmtCreate":1632407743715,"gmtModify":1632731213249,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863552696","repostId":"1105775848","repostType":4,"repost":{"id":"1105775848","kind":"news","pubTimestamp":1632405523,"share":"https://www.laohu8.com/m/news/1105775848?lang=&edition=full","pubTime":"2021-09-23 21:58","market":"us","language":"en","title":"US Services PMI Plunges To 14-Month Low As Input Prices Soar","url":"https://stock-news.laohu8.com/highlight/detail?id=1105775848","media":"zerohedge","summary":"After August's surprising tumble in Markit's PMIs (Services much more so than Manufacturing), analys","content":"<p>After August's surprising tumble in Markit's PMIs (Services much more so than Manufacturing), analysts expected that trend to continue in preliminary September data (albeit at a far more gradual rates), all of which fits with the ongoing trend of collapse in actual macro-economic data relative to over-optimistic expectations.</p>\n<p>The actual prints were worse than expected:</p>\n<ul>\n <li><b>Markit US Manufacturing fell to 60.5</b>in early Sept from 61.1 in August (below the 61.0 expected)</li>\n <li><b>Markit US Services fell to 54.4</b>in early Sept from 55.1 in August (below the 54.9 expected) -<b>a 14-month low</b></li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/f4a1dfd7f2254ab17b8ab2ffecf2d96a\" tg-width=\"945\" tg-height=\"557\" width=\"100%\" height=\"auto\"><i>Source: Bloomberg</i></p>\n<p><b>On the price front, input costs rose at a sharper pace during September.</b></p>\n<blockquote>\n The rate of cost inflation was the quickest for four months, and the second-highest on record, as supply chain disruptions and material shortages pushed prices and transportation costs up.\n</blockquote>\n<blockquote>\n <b>Output charges continued to increase markedly,</b>continuing to rise at a pace far outstripping anything seen in the survey’s history prior to May, as firms sought to pass on higher costs to clients where possible.\n</blockquote>\n<p><b>The flash US Composite PMI tumbled to 54.5 (below expectations) - its weakest in 12 months...</b></p>\n<p><img src=\"https://static.tigerbbs.com/3234b5158ebba50c80cdd6550c943c94\" tg-width=\"945\" tg-height=\"558\" width=\"100%\" height=\"auto\"><i>Source: Bloomberg</i></p>\n<p>Commenting on the PMI data,Chris Williamson, Chief Business Economist at IHS Markit,said:</p>\n<blockquote>\n “The pace of US economic growth cooled further in September, having soared in the second quarter, reflecting a combination of peaking demand, supply chain delays and labour shortages.\n</blockquote>\n<blockquote>\n “The slowdown was led by a cooling of demand in the service sector, linked in part to the Delta variant spread. However, while manufacturers have seen far more resilient demand, factories face growing problems in sourcing enough supplies and labour to meet orders. Supply chain delays show no signs of easing, with another near-record lengthening of delivery times in September. Hence factory output growth also weakened and order book backlogs rose at a record pace in September.\n</blockquote>\n<blockquote>\n “The upshot is yet another month of sharply rising prices charged for goods and services as demand outpaces supply, and higher costs are passed on to customers.”\n</blockquote>\n<p>So economic growth is cooling but prices are still soaring...</p>\n<p><img src=\"https://static.tigerbbs.com/d155c84a63ddd379ea758a0ea5af5bbf\" tg-width=\"671\" tg-height=\"511\" width=\"100%\" height=\"auto\">Cough \"stagflation\" cough.</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>US Services PMI Plunges To 14-Month Low As Input Prices Soar</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\">\nUS Services PMI Plunges To 14-Month Low As Input Prices Soar\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 21:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/us-services-pmi-plunges-14-month-low-input-prices-soar?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After August's surprising tumble in Markit's PMIs (Services much more so than Manufacturing), analysts expected that trend to continue in preliminary September data (albeit at a far more gradual rates...</p>\n\n<a href=\"https://www.zerohedge.com/economics/us-services-pmi-plunges-14-month-low-input-prices-soar?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/economics/us-services-pmi-plunges-14-month-low-input-prices-soar?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105775848","content_text":"After August's surprising tumble in Markit's PMIs (Services much more so than Manufacturing), analysts expected that trend to continue in preliminary September data (albeit at a far more gradual rates), all of which fits with the ongoing trend of collapse in actual macro-economic data relative to over-optimistic expectations.\nThe actual prints were worse than expected:\n\nMarkit US Manufacturing fell to 60.5in early Sept from 61.1 in August (below the 61.0 expected)\nMarkit US Services fell to 54.4in early Sept from 55.1 in August (below the 54.9 expected) -a 14-month low\n\nSource: Bloomberg\nOn the price front, input costs rose at a sharper pace during September.\n\n The rate of cost inflation was the quickest for four months, and the second-highest on record, as supply chain disruptions and material shortages pushed prices and transportation costs up.\n\n\nOutput charges continued to increase markedly,continuing to rise at a pace far outstripping anything seen in the survey’s history prior to May, as firms sought to pass on higher costs to clients where possible.\n\nThe flash US Composite PMI tumbled to 54.5 (below expectations) - its weakest in 12 months...\nSource: Bloomberg\nCommenting on the PMI data,Chris Williamson, Chief Business Economist at IHS Markit,said:\n\n “The pace of US economic growth cooled further in September, having soared in the second quarter, reflecting a combination of peaking demand, supply chain delays and labour shortages.\n\n\n “The slowdown was led by a cooling of demand in the service sector, linked in part to the Delta variant spread. However, while manufacturers have seen far more resilient demand, factories face growing problems in sourcing enough supplies and labour to meet orders. Supply chain delays show no signs of easing, with another near-record lengthening of delivery times in September. Hence factory output growth also weakened and order book backlogs rose at a record pace in September.\n\n\n “The upshot is yet another month of sharply rising prices charged for goods and services as demand outpaces supply, and higher costs are passed on to customers.”\n\nSo economic growth is cooling but prices are still soaring...\nCough \"stagflation\" cough.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1087,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869774375,"gmtCreate":1632325702397,"gmtModify":1632801188118,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/869774375","repostId":"1146187405","repostType":4,"isVote":1,"tweetType":1,"viewCount":812,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887276691,"gmtCreate":1632056311413,"gmtModify":1632803105917,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887276691","repostId":"2168508928","repostType":4,"isVote":1,"tweetType":1,"viewCount":2955,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887276377,"gmtCreate":1632056277299,"gmtModify":1632803106286,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Ahhh","listText":"Ahhh","text":"Ahhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887276377","repostId":"2168152508","repostType":4,"isVote":1,"tweetType":1,"viewCount":2241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887276984,"gmtCreate":1632056264548,"gmtModify":1632803106407,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"I 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20:50","market":"us","language":"en","title":"85% Of High Yield Bonds Have A Negative Real Yield","url":"https://stock-news.laohu8.com/highlight/detail?id=1189790306","media":"zerohedge","summary":"Ahead of the publication of his periodic long-term study which is coming out next week, Deutsche Ban","content":"<p>Ahead of the publication of his periodic long-term study which is coming out next week, Deutsche Bank's Jim Reid has shared some advance highlights including one remarkable chart.</p>\n<p>Using 25 years of data for the US high yield market, Reid finds that the annual real return over the last quarter of a century has been 4.48% p.a. (6.75% p.a. nominal). Well, not any more: the index currently sports a nominal yield of just 3.87% and with headline CPI at 5.4%, Reid says that we are seeing a<b>negative gap of -1.53% between the two - around 6% below the long run excess real return.</b>\"<i>This pretty much ensures that historical returns are absolutely no template for the future\",</i>according to the DB strategist.</p>\n<p>Reid then shares the following chart showing that a \"stunning\" 85% of the US HY market has a yield below the current rate of inflation. While that proportion has been elevated for a few months now ever since the advent of the Fed's covid response policy,<b>it had never been above 10%, and rarely been much above zero. In fact, at the end of last year it was less than 4%.</b></p>\n<p><img src=\"https://static.tigerbbs.com/61416447137d46a482b957c808bb1adf\" tg-width=\"734\" tg-height=\"419\" width=\"100%\" height=\"auto\"></p>\n<p>While many expect CPI to start descending over the coming months, \"it will likely stay elevated for many quarters to come\" according to Reid, jeopardizing the Fed's \"transitory\" narrative. Yet even at 3%, CPI would still be above 35% of the US HY market by yield.</p>\n<p>As Reid concludes, \"Financial repression has indeed stretched a long way down the credit curve and you have to take more and more risk to beat inflation these days. Indeed the current yield on US single-Bs is 4.3% and on CCCs 7.1%.\"</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>85% Of High Yield Bonds Have A Negative Real Yield</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\">\n85% Of High Yield Bonds Have A Negative Real Yield\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 20:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/85-high-yield-bonds-have-negative-real-yield><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ahead of the publication of his periodic long-term study which is coming out next week, Deutsche Bank's Jim Reid has shared some advance highlights including one remarkable chart.\nUsing 25 years of ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/85-high-yield-bonds-have-negative-real-yield\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/85-high-yield-bonds-have-negative-real-yield","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189790306","content_text":"Ahead of the publication of his periodic long-term study which is coming out next week, Deutsche Bank's Jim Reid has shared some advance highlights including one remarkable chart.\nUsing 25 years of data for the US high yield market, Reid finds that the annual real return over the last quarter of a century has been 4.48% p.a. (6.75% p.a. nominal). Well, not any more: the index currently sports a nominal yield of just 3.87% and with headline CPI at 5.4%, Reid says that we are seeing anegative gap of -1.53% between the two - around 6% below the long run excess real return.\"This pretty much ensures that historical returns are absolutely no template for the future\",according to the DB strategist.\nReid then shares the following chart showing that a \"stunning\" 85% of the US HY market has a yield below the current rate of inflation. While that proportion has been elevated for a few months now ever since the advent of the Fed's covid response policy,it had never been above 10%, and rarely been much above zero. In fact, at the end of last year it was less than 4%.\n\nWhile many expect CPI to start descending over the coming months, \"it will likely stay elevated for many quarters to come\" according to Reid, jeopardizing the Fed's \"transitory\" narrative. Yet even at 3%, CPI would still be above 35% of the US HY market by yield.\nAs Reid concludes, \"Financial repression has indeed stretched a long way down the credit curve and you have to take more and more risk to beat inflation these days. Indeed the current yield on US single-Bs is 4.3% and on CCCs 7.1%.\"","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889356283,"gmtCreate":1631111032442,"gmtModify":1632884554979,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Okok","listText":"Okok","text":"Okok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889356283","repostId":"2165360542","repostType":4,"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814344488,"gmtCreate":1630771077844,"gmtModify":1632905960506,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814344488","repostId":"1196145266","repostType":4,"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814344194,"gmtCreate":1630771057818,"gmtModify":1632905960953,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/814344194","repostId":"1196145266","repostType":4,"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814344903,"gmtCreate":1630771037902,"gmtModify":1632905961176,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Ohhh","listText":"Ohhh","text":"Ohhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/814344903","repostId":"1196145266","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":693014171,"gmtCreate":1639927401386,"gmtModify":1639927401386,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/693014171","repostId":"2192099879","repostType":4,"isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":814344488,"gmtCreate":1630771077844,"gmtModify":1632905960506,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814344488","repostId":"1196145266","repostType":4,"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885289807,"gmtCreate":1631797589709,"gmtModify":1632806152017,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"I 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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1633441633,"share":"https://www.laohu8.com/m/news/1119543656?lang=&edition=full","pubTime":"2021-10-05 21:47","market":"us","language":"en","title":"Lordstown Motors shares tumbled nearly 10% in early trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1119543656","media":"Tiger Newspress","summary":"Lordstown Motors shares tumbled nearly 10% in early trading.\nLordstown stock price target cut to $2 ","content":"<p>Lordstown&nbsp;Motors&nbsp;shares&nbsp;tumbled&nbsp;nearly&nbsp;10%&nbsp;in&nbsp;early&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/ebbd6c982020852662b75eba0d0a3ab1\" tg-width=\"878\" tg-height=\"618\" referrerpolicy=\"no-referrer\">Lordstown stock price target cut to $2 from $8 at&nbsp;Morgan Stanley.</p>\n<p>Morgan Stanley lowers Lordstown Motors Corp.&nbsp;to an Underperform rating from Equal-weight after a significant reset of its forecasts and valuation as it factored in last week's update from the electric vehicle maker.</p>\n<p>Analyst Adam Jonas: \"While the agreement with Foxconn helps secure the future of the Lordstown plant and buys time to explore other business opportunities for RIDE (new programs,new platforms,&nbsp;new segments that&nbsp;have yet to be developed), we believe there would likely be little left for shareholders.\"</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>Lordstown Motors shares tumbled nearly 10% in early trading</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\">\nLordstown Motors shares tumbled nearly 10% in early trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-05 21:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lordstown&nbsp;Motors&nbsp;shares&nbsp;tumbled&nbsp;nearly&nbsp;10%&nbsp;in&nbsp;early&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/ebbd6c982020852662b75eba0d0a3ab1\" tg-width=\"878\" tg-height=\"618\" referrerpolicy=\"no-referrer\">Lordstown stock price target cut to $2 from $8 at&nbsp;Morgan Stanley.</p>\n<p>Morgan Stanley lowers Lordstown Motors Corp.&nbsp;to an Underperform rating from Equal-weight after a significant reset of its forecasts and valuation as it factored in last week's update from the electric vehicle maker.</p>\n<p>Analyst Adam Jonas: \"While the agreement with Foxconn helps secure the future of the Lordstown plant and buys time to explore other business opportunities for RIDE (new programs,new platforms,&nbsp;new segments that&nbsp;have yet to be developed), we believe there would likely be little left for shareholders.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119543656","content_text":"Lordstown Motors shares tumbled nearly 10% in early trading.\nLordstown stock price target cut to $2 from $8 at Morgan Stanley.\nMorgan Stanley lowers Lordstown Motors Corp. to an Underperform rating from Equal-weight after a significant reset of its forecasts and valuation as it factored in last week's update from the electric vehicle maker.\nAnalyst Adam Jonas: \"While the agreement with Foxconn helps secure the future of the Lordstown plant and buys time to explore other business opportunities for RIDE (new programs,new platforms, new segments that have yet to be developed), we believe there would likely be little left for shareholders.\"","news_type":1,"symbols_score_info":{"RIDE":0.9}},"isVote":1,"tweetType":1,"viewCount":1449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":869774375,"gmtCreate":1632325702397,"gmtModify":1632801188118,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/869774375","repostId":"1146187405","repostType":4,"isVote":1,"tweetType":1,"viewCount":812,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887276691,"gmtCreate":1632056311413,"gmtModify":1632803105917,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887276691","repostId":"2168508928","repostType":4,"isVote":1,"tweetType":1,"viewCount":2955,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887276984,"gmtCreate":1632056264548,"gmtModify":1632803106407,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"I see","listText":"I see","text":"I see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887276984","repostId":"2168089015","repostType":4,"isVote":1,"tweetType":1,"viewCount":1008,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863552696,"gmtCreate":1632407743715,"gmtModify":1632731213249,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863552696","repostId":"1105775848","repostType":4,"repost":{"id":"1105775848","kind":"news","pubTimestamp":1632405523,"share":"https://www.laohu8.com/m/news/1105775848?lang=&edition=full","pubTime":"2021-09-23 21:58","market":"us","language":"en","title":"US Services PMI Plunges To 14-Month Low As Input Prices Soar","url":"https://stock-news.laohu8.com/highlight/detail?id=1105775848","media":"zerohedge","summary":"After August's surprising tumble in Markit's PMIs (Services much more so than Manufacturing), analys","content":"<p>After August's surprising tumble in Markit's PMIs (Services much more so than Manufacturing), analysts expected that trend to continue in preliminary September data (albeit at a far more gradual rates), all of which fits with the ongoing trend of collapse in actual macro-economic data relative to over-optimistic expectations.</p>\n<p>The actual prints were worse than expected:</p>\n<ul>\n <li><b>Markit US Manufacturing fell to 60.5</b>in early Sept from 61.1 in August (below the 61.0 expected)</li>\n <li><b>Markit US Services fell to 54.4</b>in early Sept from 55.1 in August (below the 54.9 expected) -<b>a 14-month low</b></li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/f4a1dfd7f2254ab17b8ab2ffecf2d96a\" tg-width=\"945\" tg-height=\"557\" width=\"100%\" height=\"auto\"><i>Source: Bloomberg</i></p>\n<p><b>On the price front, input costs rose at a sharper pace during September.</b></p>\n<blockquote>\n The rate of cost inflation was the quickest for four months, and the second-highest on record, as supply chain disruptions and material shortages pushed prices and transportation costs up.\n</blockquote>\n<blockquote>\n <b>Output charges continued to increase markedly,</b>continuing to rise at a pace far outstripping anything seen in the survey’s history prior to May, as firms sought to pass on higher costs to clients where possible.\n</blockquote>\n<p><b>The flash US Composite PMI tumbled to 54.5 (below expectations) - its weakest in 12 months...</b></p>\n<p><img src=\"https://static.tigerbbs.com/3234b5158ebba50c80cdd6550c943c94\" tg-width=\"945\" tg-height=\"558\" width=\"100%\" height=\"auto\"><i>Source: Bloomberg</i></p>\n<p>Commenting on the PMI data,Chris Williamson, Chief Business Economist at IHS Markit,said:</p>\n<blockquote>\n “The pace of US economic growth cooled further in September, having soared in the second quarter, reflecting a combination of peaking demand, supply chain delays and labour shortages.\n</blockquote>\n<blockquote>\n “The slowdown was led by a cooling of demand in the service sector, linked in part to the Delta variant spread. However, while manufacturers have seen far more resilient demand, factories face growing problems in sourcing enough supplies and labour to meet orders. Supply chain delays show no signs of easing, with another near-record lengthening of delivery times in September. Hence factory output growth also weakened and order book backlogs rose at a record pace in September.\n</blockquote>\n<blockquote>\n “The upshot is yet another month of sharply rising prices charged for goods and services as demand outpaces supply, and higher costs are passed on to customers.”\n</blockquote>\n<p>So economic growth is cooling but prices are still soaring...</p>\n<p><img src=\"https://static.tigerbbs.com/d155c84a63ddd379ea758a0ea5af5bbf\" tg-width=\"671\" tg-height=\"511\" width=\"100%\" height=\"auto\">Cough \"stagflation\" cough.</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>US Services PMI Plunges To 14-Month Low As Input Prices Soar</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\">\nUS Services PMI Plunges To 14-Month Low As Input Prices Soar\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 21:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/us-services-pmi-plunges-14-month-low-input-prices-soar?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After August's surprising tumble in Markit's PMIs (Services much more so than Manufacturing), analysts expected that trend to continue in preliminary September data (albeit at a far more gradual rates...</p>\n\n<a href=\"https://www.zerohedge.com/economics/us-services-pmi-plunges-14-month-low-input-prices-soar?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/economics/us-services-pmi-plunges-14-month-low-input-prices-soar?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105775848","content_text":"After August's surprising tumble in Markit's PMIs (Services much more so than Manufacturing), analysts expected that trend to continue in preliminary September data (albeit at a far more gradual rates), all of which fits with the ongoing trend of collapse in actual macro-economic data relative to over-optimistic expectations.\nThe actual prints were worse than expected:\n\nMarkit US Manufacturing fell to 60.5in early Sept from 61.1 in August (below the 61.0 expected)\nMarkit US Services fell to 54.4in early Sept from 55.1 in August (below the 54.9 expected) -a 14-month low\n\nSource: Bloomberg\nOn the price front, input costs rose at a sharper pace during September.\n\n The rate of cost inflation was the quickest for four months, and the second-highest on record, as supply chain disruptions and material shortages pushed prices and transportation costs up.\n\n\nOutput charges continued to increase markedly,continuing to rise at a pace far outstripping anything seen in the survey’s history prior to May, as firms sought to pass on higher costs to clients where possible.\n\nThe flash US Composite PMI tumbled to 54.5 (below expectations) - its weakest in 12 months...\nSource: Bloomberg\nCommenting on the PMI data,Chris Williamson, Chief Business Economist at IHS Markit,said:\n\n “The pace of US economic growth cooled further in September, having soared in the second quarter, reflecting a combination of peaking demand, supply chain delays and labour shortages.\n\n\n “The slowdown was led by a cooling of demand in the service sector, linked in part to the Delta variant spread. However, while manufacturers have seen far more resilient demand, factories face growing problems in sourcing enough supplies and labour to meet orders. Supply chain delays show no signs of easing, with another near-record lengthening of delivery times in September. Hence factory output growth also weakened and order book backlogs rose at a record pace in September.\n\n\n “The upshot is yet another month of sharply rising prices charged for goods and services as demand outpaces supply, and higher costs are passed on to customers.”\n\nSo economic growth is cooling but prices are still soaring...\nCough \"stagflation\" cough.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1087,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887276377,"gmtCreate":1632056277299,"gmtModify":1632803106286,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Ahhh","listText":"Ahhh","text":"Ahhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887276377","repostId":"2168152508","repostType":4,"isVote":1,"tweetType":1,"viewCount":2241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889356283,"gmtCreate":1631111032442,"gmtModify":1632884554979,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Okok","listText":"Okok","text":"Okok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889356283","repostId":"2165360542","repostType":4,"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814344903,"gmtCreate":1630771037902,"gmtModify":1632905961176,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Ohhh","listText":"Ohhh","text":"Ohhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/814344903","repostId":"1196145266","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884462018,"gmtCreate":1631927744034,"gmtModify":1632805309306,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Okok","listText":"Okok","text":"Okok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884462018","repostId":"1190603496","repostType":4,"isVote":1,"tweetType":1,"viewCount":1051,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889355326,"gmtCreate":1631111101965,"gmtModify":1632884553926,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093871647001250","authorIdStr":"4093871647001250"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889355326","repostId":"1189790306","repostType":4,"repost":{"id":"1189790306","kind":"news","pubTimestamp":1631105439,"share":"https://www.laohu8.com/m/news/1189790306?lang=&edition=full","pubTime":"2021-09-08 20:50","market":"us","language":"en","title":"85% Of High Yield Bonds Have A Negative Real Yield","url":"https://stock-news.laohu8.com/highlight/detail?id=1189790306","media":"zerohedge","summary":"Ahead of the publication of his periodic long-term study which is coming out next week, Deutsche Ban","content":"<p>Ahead of the publication of his periodic long-term study which is coming out next week, Deutsche Bank's Jim Reid has shared some advance highlights including one remarkable chart.</p>\n<p>Using 25 years of data for the US high yield market, Reid finds that the annual real return over the last quarter of a century has been 4.48% p.a. (6.75% p.a. nominal). Well, not any more: the index currently sports a nominal yield of just 3.87% and with headline CPI at 5.4%, Reid says that we are seeing a<b>negative gap of -1.53% between the two - around 6% below the long run excess real return.</b>\"<i>This pretty much ensures that historical returns are absolutely no template for the future\",</i>according to the DB strategist.</p>\n<p>Reid then shares the following chart showing that a \"stunning\" 85% of the US HY market has a yield below the current rate of inflation. While that proportion has been elevated for a few months now ever since the advent of the Fed's covid response policy,<b>it had never been above 10%, and rarely been much above zero. In fact, at the end of last year it was less than 4%.</b></p>\n<p><img src=\"https://static.tigerbbs.com/61416447137d46a482b957c808bb1adf\" tg-width=\"734\" tg-height=\"419\" width=\"100%\" height=\"auto\"></p>\n<p>While many expect CPI to start descending over the coming months, \"it will likely stay elevated for many quarters to come\" according to Reid, jeopardizing the Fed's \"transitory\" narrative. Yet even at 3%, CPI would still be above 35% of the US HY market by yield.</p>\n<p>As Reid concludes, \"Financial repression has indeed stretched a long way down the credit curve and you have to take more and more risk to beat inflation these days. Indeed the current yield on US single-Bs is 4.3% and on CCCs 7.1%.\"</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>85% Of High Yield Bonds Have A Negative Real Yield</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\">\n85% Of High Yield Bonds Have A Negative Real Yield\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 20:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/85-high-yield-bonds-have-negative-real-yield><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ahead of the publication of his periodic long-term study which is coming out next week, Deutsche Bank's Jim Reid has shared some advance highlights including one remarkable chart.\nUsing 25 years of ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/85-high-yield-bonds-have-negative-real-yield\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/85-high-yield-bonds-have-negative-real-yield","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189790306","content_text":"Ahead of the publication of his periodic long-term study which is coming out next week, Deutsche Bank's Jim Reid has shared some advance highlights including one remarkable chart.\nUsing 25 years of data for the US high yield market, Reid finds that the annual real return over the last quarter of a century has been 4.48% p.a. (6.75% p.a. nominal). Well, not any more: the index currently sports a nominal yield of just 3.87% and with headline CPI at 5.4%, Reid says that we are seeing anegative gap of -1.53% between the two - around 6% below the long run excess real return.\"This pretty much ensures that historical returns are absolutely no template for the future\",according to the DB strategist.\nReid then shares the following chart showing that a \"stunning\" 85% of the US HY market has a yield below the current rate of inflation. While that proportion has been elevated for a few months now ever since the advent of the Fed's covid response policy,it had never been above 10%, and rarely been much above zero. In fact, at the end of last year it was less than 4%.\n\nWhile many expect CPI to start descending over the coming months, \"it will likely stay elevated for many quarters to come\" according to Reid, jeopardizing the Fed's \"transitory\" narrative. Yet even at 3%, CPI would still be above 35% of the US HY market by yield.\nAs Reid concludes, \"Financial repression has indeed stretched a long way down the credit curve and you have to take more and more risk to beat inflation these days. Indeed the current yield on US single-Bs is 4.3% and on CCCs 7.1%.\"","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}