社区
首页
集团介绍
社区
资讯
行情
学堂
TigerAI
登录
注册
bane
IP属地:未知
+关注
帖子 · 23
帖子 · 23
关注 · 0
关注 · 0
粉丝 · 0
粉丝 · 0
bane
bane
·
2021-08-06
hmmm
Tencent sued by the Haidian District Procuratorate<blockquote>海淀区检察院起诉的腾讯控股</blockquote>
(Aug 6) Tencent sued by the Haidian District Procuratorate.
Tencent sued by the Haidian District Procuratorate<blockquote>海淀区检察院起诉的腾讯控股</blockquote>
看
1,356
回复
评论
点赞
5
编组 21备份 2
分享
举报
bane
bane
·
2021-08-05
yay
非常抱歉,此主贴已删除
看
1,349
回复
评论
点赞
1
编组 21备份 2
分享
举报
bane
bane
·
2021-08-05
here we go
非常抱歉,此主贴已删除
看
1,370
回复
评论
点赞
4
编组 21备份 2
分享
举报
bane
bane
·
2021-08-04
great
Lyft Stock: Ride-Hailing Company Narrows Loss on 'Record Hourly Earnings'<blockquote>Lyft股票:网约车公司因“创纪录的每小时收入”而缩小亏损</blockquote>
San Francisco based Lyft says revenue more than doubled in latest period. Lyft, Inc., the San Fran
Lyft Stock: Ride-Hailing Company Narrows Loss on 'Record Hourly Earnings'<blockquote>Lyft股票:网约车公司因“创纪录的每小时收入”而缩小亏损</blockquote>
看
1,688
回复
1
点赞
1
编组 21备份 2
分享
举报
bane
bane
·
2021-08-04
yesss
Lyft Stock: Ride-Hailing Company Narrows Loss on 'Record Hourly Earnings'<blockquote>Lyft股票:网约车公司因“创纪录的每小时收入”而缩小亏损</blockquote>
San Francisco based Lyft says revenue more than doubled in latest period. Lyft, Inc., the San Fran
Lyft Stock: Ride-Hailing Company Narrows Loss on 'Record Hourly Earnings'<blockquote>Lyft股票:网约车公司因“创纪录的每小时收入”而缩小亏损</blockquote>
看
1,814
回复
1
点赞
2
编组 21备份 2
分享
举报
bane
bane
·
2021-08-04
could it?
非常抱歉,此主贴已删除
看
1,749
回复
评论
点赞
3
编组 21备份 2
分享
举报
bane
bane
·
2021-07-20
should i buy or should i go ~?
Goldman Says "Don't Buy This Dip" And Here's Why...<blockquote>高盛表示“不要逢低买入”,原因如下...</blockquote>
At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-we
Goldman Says "Don't Buy This Dip" And Here's Why...<blockquote>高盛表示“不要逢低买入”,原因如下...</blockquote>
看
1,719
回复
评论
点赞
1
编组 21备份 2
分享
举报
bane
bane
·
2021-06-30
up up
Housing Prices Are Going Up. Must They Crash?<blockquote>房价在上涨。他们一定要崩溃吗?</blockquote>
There are many reports of homebuyers getting into bidding wars and many cities where home prices hav
Housing Prices Are Going Up. Must They Crash?<blockquote>房价在上涨。他们一定要崩溃吗?</blockquote>
看
1,947
回复
评论
点赞
3
编组 21备份 2
分享
举报
bane
bane
·
2021-06-30
☺️
非常抱歉,此主贴已删除
看
1,638
回复
评论
点赞
4
编组 21备份 2
分享
举报
bane
bane
·
2021-06-29
$Virgin Galactic(SPCE)$
[Smile]
看
1,522
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
加载更多
暂无关注
热议股票
{"i18n":{"language":"zh_CN"},"isCurrentUser":false,"userPageInfo":{"id":"3573625719551490","uuid":"3573625719551490","gmtCreate":1610531696608,"gmtModify":1635904472189,"name":"bane","pinyin":"bane","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/cc8e3f417a294b78c7d27131c858156f","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":17,"tweetSize":23,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖(非转发)","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.11%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":893640965,"gmtCreate":1628261006157,"gmtModify":1633752138942,"author":{"id":"3573625719551490","authorId":"3573625719551490","name":"bane","avatar":"https://static.tigerbbs.com/cc8e3f417a294b78c7d27131c858156f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573625719551490","authorIdStr":"3573625719551490"},"themes":[],"htmlText":"hmmm","listText":"hmmm","text":"hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893640965","repostId":"1110501028","repostType":4,"repost":{"id":"1110501028","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628260468,"share":"https://www.laohu8.com/m/news/1110501028?lang=zh_CN&edition=full","pubTime":"2021-08-06 22:34","market":"hk","language":"en","title":"Tencent sued by the Haidian District Procuratorate<blockquote>海淀区检察院起诉的腾讯控股</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1110501028","media":"Tiger Newspress","summary":"(Aug 6) Tencent sued by the Haidian District Procuratorate.","content":"<p>(Aug 6) Tencent sued by the Haidian District Procuratorate.</p><p><blockquote>(8月6日)腾讯控股被海淀区检察院提起公诉。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent sued by the Haidian District Procuratorate<blockquote>海淀区检察院起诉的腾讯控股</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent sued by the Haidian District Procuratorate<blockquote>海淀区检察院起诉的腾讯控股</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-06 22:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Aug 6) Tencent sued by the Haidian District Procuratorate.</p><p><blockquote>(8月6日)腾讯控股被海淀区检察院提起公诉。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","TCEHY":"腾讯控股ADR"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110501028","content_text":"(Aug 6) Tencent sued by the Haidian District Procuratorate.","news_type":1,"symbols_score_info":{"TCEHY":0.9,"00700":0.9}},"isVote":1,"tweetType":1,"viewCount":1356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899830936,"gmtCreate":1628172478625,"gmtModify":1633752944813,"author":{"id":"3573625719551490","authorId":"3573625719551490","name":"bane","avatar":"https://static.tigerbbs.com/cc8e3f417a294b78c7d27131c858156f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573625719551490","authorIdStr":"3573625719551490"},"themes":[],"htmlText":"yay","listText":"yay","text":"yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899830936","repostId":"1158295123","repostType":4,"isVote":1,"tweetType":1,"viewCount":1349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899142176,"gmtCreate":1628171221795,"gmtModify":1633752968158,"author":{"id":"3573625719551490","authorId":"3573625719551490","name":"bane","avatar":"https://static.tigerbbs.com/cc8e3f417a294b78c7d27131c858156f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573625719551490","authorIdStr":"3573625719551490"},"themes":[],"htmlText":"here we go","listText":"here we go","text":"here we go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899142176","repostId":"1158295123","repostType":4,"isVote":1,"tweetType":1,"viewCount":1370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890069188,"gmtCreate":1628067634344,"gmtModify":1633753902170,"author":{"id":"3573625719551490","authorId":"3573625719551490","name":"bane","avatar":"https://static.tigerbbs.com/cc8e3f417a294b78c7d27131c858156f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573625719551490","authorIdStr":"3573625719551490"},"themes":[],"htmlText":"great","listText":"great","text":"great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/890069188","repostId":"1115773909","repostType":4,"repost":{"id":"1115773909","kind":"news","pubTimestamp":1628066666,"share":"https://www.laohu8.com/m/news/1115773909?lang=zh_CN&edition=full","pubTime":"2021-08-04 16:44","market":"us","language":"en","title":"Lyft Stock: Ride-Hailing Company Narrows Loss on 'Record Hourly Earnings'<blockquote>Lyft股票:网约车公司因“创纪录的每小时收入”而缩小亏损</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1115773909","media":"The Street\t","summary":"San Francisco based Lyft says revenue more than doubled in latest period.\n\nLyft, Inc., the San Fran","content":"<p> San Francisco based Lyft says revenue more than doubled in latest period. <b><a href=\"https://laohu8.com/S/LYFT\">Lyft, Inc.</a>,</b> the San Francisco ride-hailing specialist, reported a narrower second-quarter loss as revenue more than doubled.</p><p><blockquote>总部位于三藩市的Lyft表示,最近一段时间的收入增加了一倍多。<b><a href=\"https://laohu8.com/S/LYFT\">Lyft公司。</a>,</b>这家旧金山网约车专家报告称,第二季度亏损收窄,收入增长了一倍多。</blockquote></p><p> The quarterly net loss narrowed to 76 cents a share from $1.41 a share in the year-earlier quarter. Shares outstanding climbed 7.4% to 332.1 million.</p><p><blockquote>季度净亏损从去年同期的每股1.41美元收窄至每股76美分。流通股上涨7.4%至3.321亿股。</blockquote></p><p> Revenue reached $765 million from $339.3 million.</p><p><blockquote>收入从3.393亿美元达到7.65亿美元。</blockquote></p><p> A survey of analysts by FactSet produced consensus estimates of a GAAP loss of 70 cents a share on revenue of $700 million.</p><p><blockquote>FactSet对分析师的一项调查显示,普遍估计GAAP每股亏损70美分,营收为7亿美元。</blockquote></p><p> FactSet reported Lyft's adjusted loss for the quarter was 6 cents a share, compared with the consensus analyst estimate of a 23-cent loss.</p><p><blockquote>FactSet报告称,Lyft本季度调整后亏损为每股6美分,而分析师普遍预期亏损23美分。</blockquote></p><p> The company said that in the quarter it for the first time reached adjusted profitability based on earnings before interest, taxes, depreciation and amortization.</p><p><blockquote>该公司表示,本季度首次实现了基于息税折旧摊销前利润的调整后盈利能力。</blockquote></p><p> At last check Lyft shares were trading up 0.9% at $55.86. They closed regular Tuesday trading down 1.1% at $55.38.</p><p><blockquote>据最新检查,Lyft股价上涨0.9%,至55.86美元。周二收盘下跌1.1%,至55.38美元。</blockquote></p><p> Adjusted Ebitda for the second quarter was $23.8 million.</p><p><blockquote>第二季度调整后Ebitda为2380万美元。</blockquote></p><p> \"We beat our outlook across every metric,\" Logan Green, co-founder and chief executive, said in a statement.</p><p><blockquote>联合创始人兼首席执行官洛根·格林(Logan Green)在一份声明中表示:“我们在每项指标上都超出了预期。”</blockquote></p><p> At June 30 Lyft reported 17.1 million active riders, nearly double the 8.7 million a year earlier.</p><p><blockquote>截至6月30日,Lyft报告活跃骑手达1710万人,几乎是一年前870万人的两倍。</blockquote></p><p> The company's chief financial officer, Brian Roberts, said that Lyft drivers took in \"record hourly earnings.\" The company statement didn't specify numbers.</p><p><blockquote>该公司首席财务官Brian Roberts表示,Lyft司机的每小时收入创历史新高。公司声明没有具体说明数字。</blockquote></p><p> \"And in July driver earnings remained strong as demand for our platform continued to grow despite increases in reported COVID case counts,\" Roberts said.</p><p><blockquote>罗伯茨说:“尽管报告的新冠病例数有所增加,但由于对我们平台的需求持续增长,7月份司机收入依然强劲。”</blockquote></p><p> At the end of the quarter Lyft had unrestricted cash, equivalents and short-term investments totaling $2.2 billion.</p><p><blockquote>截至本季度末,Lyft拥有不受限制的现金、等价物和短期投资总计22亿美元。</blockquote></p><p></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft Stock: Ride-Hailing Company Narrows Loss on 'Record Hourly Earnings'<blockquote>Lyft股票:网约车公司因“创纪录的每小时收入”而缩小亏损</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft Stock: Ride-Hailing Company Narrows Loss on 'Record Hourly Earnings'<blockquote>Lyft股票:网约车公司因“创纪录的每小时收入”而缩小亏损</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street\t</strong><span class=\"h-time small\">2021-08-04 16:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p> San Francisco based Lyft says revenue more than doubled in latest period. <b><a href=\"https://laohu8.com/S/LYFT\">Lyft, Inc.</a>,</b> the San Francisco ride-hailing specialist, reported a narrower second-quarter loss as revenue more than doubled.</p><p><blockquote>总部位于三藩市的Lyft表示,最近一段时间的收入增加了一倍多。<b><a href=\"https://laohu8.com/S/LYFT\">Lyft公司。</a>,</b>这家旧金山网约车专家报告称,第二季度亏损收窄,收入增长了一倍多。</blockquote></p><p> The quarterly net loss narrowed to 76 cents a share from $1.41 a share in the year-earlier quarter. Shares outstanding climbed 7.4% to 332.1 million.</p><p><blockquote>季度净亏损从去年同期的每股1.41美元收窄至每股76美分。流通股上涨7.4%至3.321亿股。</blockquote></p><p> Revenue reached $765 million from $339.3 million.</p><p><blockquote>收入从3.393亿美元达到7.65亿美元。</blockquote></p><p> A survey of analysts by FactSet produced consensus estimates of a GAAP loss of 70 cents a share on revenue of $700 million.</p><p><blockquote>FactSet对分析师的一项调查显示,普遍估计GAAP每股亏损70美分,营收为7亿美元。</blockquote></p><p> FactSet reported Lyft's adjusted loss for the quarter was 6 cents a share, compared with the consensus analyst estimate of a 23-cent loss.</p><p><blockquote>FactSet报告称,Lyft本季度调整后亏损为每股6美分,而分析师普遍预期亏损23美分。</blockquote></p><p> The company said that in the quarter it for the first time reached adjusted profitability based on earnings before interest, taxes, depreciation and amortization.</p><p><blockquote>该公司表示,本季度首次实现了基于息税折旧摊销前利润的调整后盈利能力。</blockquote></p><p> At last check Lyft shares were trading up 0.9% at $55.86. They closed regular Tuesday trading down 1.1% at $55.38.</p><p><blockquote>据最新检查,Lyft股价上涨0.9%,至55.86美元。周二收盘下跌1.1%,至55.38美元。</blockquote></p><p> Adjusted Ebitda for the second quarter was $23.8 million.</p><p><blockquote>第二季度调整后Ebitda为2380万美元。</blockquote></p><p> \"We beat our outlook across every metric,\" Logan Green, co-founder and chief executive, said in a statement.</p><p><blockquote>联合创始人兼首席执行官洛根·格林(Logan Green)在一份声明中表示:“我们在每项指标上都超出了预期。”</blockquote></p><p> At June 30 Lyft reported 17.1 million active riders, nearly double the 8.7 million a year earlier.</p><p><blockquote>截至6月30日,Lyft报告活跃骑手达1710万人,几乎是一年前870万人的两倍。</blockquote></p><p> The company's chief financial officer, Brian Roberts, said that Lyft drivers took in \"record hourly earnings.\" The company statement didn't specify numbers.</p><p><blockquote>该公司首席财务官Brian Roberts表示,Lyft司机的每小时收入创历史新高。公司声明没有具体说明数字。</blockquote></p><p> \"And in July driver earnings remained strong as demand for our platform continued to grow despite increases in reported COVID case counts,\" Roberts said.</p><p><blockquote>罗伯茨说:“尽管报告的新冠病例数有所增加,但由于对我们平台的需求持续增长,7月份司机收入依然强劲。”</blockquote></p><p> At the end of the quarter Lyft had unrestricted cash, equivalents and short-term investments totaling $2.2 billion.</p><p><blockquote>截至本季度末,Lyft拥有不受限制的现金、等价物和短期投资总计22亿美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.thestreet.com/investing/lyft-narrows-loss-posts-profit-based-on-adjusted-ebitda\">The Street\t</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc."},"source_url":"https://www.thestreet.com/investing/lyft-narrows-loss-posts-profit-based-on-adjusted-ebitda","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115773909","content_text":"San Francisco based Lyft says revenue more than doubled in latest period.\n\nLyft, Inc., the San Francisco ride-hailing specialist, reported a narrower second-quarter loss as revenue more than doubled.\nThe quarterly net loss narrowed to 76 cents a share from $1.41 a share in the year-earlier quarter. Shares outstanding climbed 7.4% to 332.1 million.\nRevenue reached $765 million from $339.3 million.\nA survey of analysts by FactSet produced consensus estimates of a GAAP loss of 70 cents a share on revenue of $700 million.\nFactSet reported Lyft's adjusted loss for the quarter was 6 cents a share, compared with the consensus analyst estimate of a 23-cent loss.\nThe company said that in the quarter it for the first time reached adjusted profitability based on earnings before interest, taxes, depreciation and amortization.\nAt last check Lyft shares were trading up 0.9% at $55.86. They closed regular Tuesday trading down 1.1% at $55.38.\nAdjusted Ebitda for the second quarter was $23.8 million.\n\"We beat our outlook across every metric,\" Logan Green, co-founder and chief executive, said in a statement.\nAt June 30 Lyft reported 17.1 million active riders, nearly double the 8.7 million a year earlier.\nThe company's chief financial officer, Brian Roberts, said that Lyft drivers took in \"record hourly earnings.\" The company statement didn't specify numbers.\n\"And in July driver earnings remained strong as demand for our platform continued to grow despite increases in reported COVID case counts,\" Roberts said.\nAt the end of the quarter Lyft had unrestricted cash, equivalents and short-term investments totaling $2.2 billion.","news_type":1,"symbols_score_info":{"LYFT":0.9}},"isVote":1,"tweetType":1,"viewCount":1688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890060005,"gmtCreate":1628067485407,"gmtModify":1633753902778,"author":{"id":"3573625719551490","authorId":"3573625719551490","name":"bane","avatar":"https://static.tigerbbs.com/cc8e3f417a294b78c7d27131c858156f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573625719551490","authorIdStr":"3573625719551490"},"themes":[],"htmlText":"yesss","listText":"yesss","text":"yesss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/890060005","repostId":"1115773909","repostType":4,"repost":{"id":"1115773909","kind":"news","pubTimestamp":1628066666,"share":"https://www.laohu8.com/m/news/1115773909?lang=zh_CN&edition=full","pubTime":"2021-08-04 16:44","market":"us","language":"en","title":"Lyft Stock: Ride-Hailing Company Narrows Loss on 'Record Hourly Earnings'<blockquote>Lyft股票:网约车公司因“创纪录的每小时收入”而缩小亏损</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1115773909","media":"The Street\t","summary":"San Francisco based Lyft says revenue more than doubled in latest period.\n\nLyft, Inc., the San Fran","content":"<p> San Francisco based Lyft says revenue more than doubled in latest period. <b><a href=\"https://laohu8.com/S/LYFT\">Lyft, Inc.</a>,</b> the San Francisco ride-hailing specialist, reported a narrower second-quarter loss as revenue more than doubled.</p><p><blockquote>总部位于三藩市的Lyft表示,最近一段时间的收入增加了一倍多。<b><a href=\"https://laohu8.com/S/LYFT\">Lyft公司。</a>,</b>这家旧金山网约车专家报告称,第二季度亏损收窄,收入增长了一倍多。</blockquote></p><p> The quarterly net loss narrowed to 76 cents a share from $1.41 a share in the year-earlier quarter. Shares outstanding climbed 7.4% to 332.1 million.</p><p><blockquote>季度净亏损从去年同期的每股1.41美元收窄至每股76美分。流通股上涨7.4%至3.321亿股。</blockquote></p><p> Revenue reached $765 million from $339.3 million.</p><p><blockquote>收入从3.393亿美元达到7.65亿美元。</blockquote></p><p> A survey of analysts by FactSet produced consensus estimates of a GAAP loss of 70 cents a share on revenue of $700 million.</p><p><blockquote>FactSet对分析师的一项调查显示,普遍估计GAAP每股亏损70美分,营收为7亿美元。</blockquote></p><p> FactSet reported Lyft's adjusted loss for the quarter was 6 cents a share, compared with the consensus analyst estimate of a 23-cent loss.</p><p><blockquote>FactSet报告称,Lyft本季度调整后亏损为每股6美分,而分析师普遍预期亏损23美分。</blockquote></p><p> The company said that in the quarter it for the first time reached adjusted profitability based on earnings before interest, taxes, depreciation and amortization.</p><p><blockquote>该公司表示,本季度首次实现了基于息税折旧摊销前利润的调整后盈利能力。</blockquote></p><p> At last check Lyft shares were trading up 0.9% at $55.86. They closed regular Tuesday trading down 1.1% at $55.38.</p><p><blockquote>据最新检查,Lyft股价上涨0.9%,至55.86美元。周二收盘下跌1.1%,至55.38美元。</blockquote></p><p> Adjusted Ebitda for the second quarter was $23.8 million.</p><p><blockquote>第二季度调整后Ebitda为2380万美元。</blockquote></p><p> \"We beat our outlook across every metric,\" Logan Green, co-founder and chief executive, said in a statement.</p><p><blockquote>联合创始人兼首席执行官洛根·格林(Logan Green)在一份声明中表示:“我们在每项指标上都超出了预期。”</blockquote></p><p> At June 30 Lyft reported 17.1 million active riders, nearly double the 8.7 million a year earlier.</p><p><blockquote>截至6月30日,Lyft报告活跃骑手达1710万人,几乎是一年前870万人的两倍。</blockquote></p><p> The company's chief financial officer, Brian Roberts, said that Lyft drivers took in \"record hourly earnings.\" The company statement didn't specify numbers.</p><p><blockquote>该公司首席财务官Brian Roberts表示,Lyft司机的每小时收入创历史新高。公司声明没有具体说明数字。</blockquote></p><p> \"And in July driver earnings remained strong as demand for our platform continued to grow despite increases in reported COVID case counts,\" Roberts said.</p><p><blockquote>罗伯茨说:“尽管报告的新冠病例数有所增加,但由于对我们平台的需求持续增长,7月份司机收入依然强劲。”</blockquote></p><p> At the end of the quarter Lyft had unrestricted cash, equivalents and short-term investments totaling $2.2 billion.</p><p><blockquote>截至本季度末,Lyft拥有不受限制的现金、等价物和短期投资总计22亿美元。</blockquote></p><p></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft Stock: Ride-Hailing Company Narrows Loss on 'Record Hourly Earnings'<blockquote>Lyft股票:网约车公司因“创纪录的每小时收入”而缩小亏损</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft Stock: Ride-Hailing Company Narrows Loss on 'Record Hourly Earnings'<blockquote>Lyft股票:网约车公司因“创纪录的每小时收入”而缩小亏损</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street\t</strong><span class=\"h-time small\">2021-08-04 16:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p> San Francisco based Lyft says revenue more than doubled in latest period. <b><a href=\"https://laohu8.com/S/LYFT\">Lyft, Inc.</a>,</b> the San Francisco ride-hailing specialist, reported a narrower second-quarter loss as revenue more than doubled.</p><p><blockquote>总部位于三藩市的Lyft表示,最近一段时间的收入增加了一倍多。<b><a href=\"https://laohu8.com/S/LYFT\">Lyft公司。</a>,</b>这家旧金山网约车专家报告称,第二季度亏损收窄,收入增长了一倍多。</blockquote></p><p> The quarterly net loss narrowed to 76 cents a share from $1.41 a share in the year-earlier quarter. Shares outstanding climbed 7.4% to 332.1 million.</p><p><blockquote>季度净亏损从去年同期的每股1.41美元收窄至每股76美分。流通股上涨7.4%至3.321亿股。</blockquote></p><p> Revenue reached $765 million from $339.3 million.</p><p><blockquote>收入从3.393亿美元达到7.65亿美元。</blockquote></p><p> A survey of analysts by FactSet produced consensus estimates of a GAAP loss of 70 cents a share on revenue of $700 million.</p><p><blockquote>FactSet对分析师的一项调查显示,普遍估计GAAP每股亏损70美分,营收为7亿美元。</blockquote></p><p> FactSet reported Lyft's adjusted loss for the quarter was 6 cents a share, compared with the consensus analyst estimate of a 23-cent loss.</p><p><blockquote>FactSet报告称,Lyft本季度调整后亏损为每股6美分,而分析师普遍预期亏损23美分。</blockquote></p><p> The company said that in the quarter it for the first time reached adjusted profitability based on earnings before interest, taxes, depreciation and amortization.</p><p><blockquote>该公司表示,本季度首次实现了基于息税折旧摊销前利润的调整后盈利能力。</blockquote></p><p> At last check Lyft shares were trading up 0.9% at $55.86. They closed regular Tuesday trading down 1.1% at $55.38.</p><p><blockquote>据最新检查,Lyft股价上涨0.9%,至55.86美元。周二收盘下跌1.1%,至55.38美元。</blockquote></p><p> Adjusted Ebitda for the second quarter was $23.8 million.</p><p><blockquote>第二季度调整后Ebitda为2380万美元。</blockquote></p><p> \"We beat our outlook across every metric,\" Logan Green, co-founder and chief executive, said in a statement.</p><p><blockquote>联合创始人兼首席执行官洛根·格林(Logan Green)在一份声明中表示:“我们在每项指标上都超出了预期。”</blockquote></p><p> At June 30 Lyft reported 17.1 million active riders, nearly double the 8.7 million a year earlier.</p><p><blockquote>截至6月30日,Lyft报告活跃骑手达1710万人,几乎是一年前870万人的两倍。</blockquote></p><p> The company's chief financial officer, Brian Roberts, said that Lyft drivers took in \"record hourly earnings.\" The company statement didn't specify numbers.</p><p><blockquote>该公司首席财务官Brian Roberts表示,Lyft司机的每小时收入创历史新高。公司声明没有具体说明数字。</blockquote></p><p> \"And in July driver earnings remained strong as demand for our platform continued to grow despite increases in reported COVID case counts,\" Roberts said.</p><p><blockquote>罗伯茨说:“尽管报告的新冠病例数有所增加,但由于对我们平台的需求持续增长,7月份司机收入依然强劲。”</blockquote></p><p> At the end of the quarter Lyft had unrestricted cash, equivalents and short-term investments totaling $2.2 billion.</p><p><blockquote>截至本季度末,Lyft拥有不受限制的现金、等价物和短期投资总计22亿美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.thestreet.com/investing/lyft-narrows-loss-posts-profit-based-on-adjusted-ebitda\">The Street\t</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc."},"source_url":"https://www.thestreet.com/investing/lyft-narrows-loss-posts-profit-based-on-adjusted-ebitda","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115773909","content_text":"San Francisco based Lyft says revenue more than doubled in latest period.\n\nLyft, Inc., the San Francisco ride-hailing specialist, reported a narrower second-quarter loss as revenue more than doubled.\nThe quarterly net loss narrowed to 76 cents a share from $1.41 a share in the year-earlier quarter. Shares outstanding climbed 7.4% to 332.1 million.\nRevenue reached $765 million from $339.3 million.\nA survey of analysts by FactSet produced consensus estimates of a GAAP loss of 70 cents a share on revenue of $700 million.\nFactSet reported Lyft's adjusted loss for the quarter was 6 cents a share, compared with the consensus analyst estimate of a 23-cent loss.\nThe company said that in the quarter it for the first time reached adjusted profitability based on earnings before interest, taxes, depreciation and amortization.\nAt last check Lyft shares were trading up 0.9% at $55.86. They closed regular Tuesday trading down 1.1% at $55.38.\nAdjusted Ebitda for the second quarter was $23.8 million.\n\"We beat our outlook across every metric,\" Logan Green, co-founder and chief executive, said in a statement.\nAt June 30 Lyft reported 17.1 million active riders, nearly double the 8.7 million a year earlier.\nThe company's chief financial officer, Brian Roberts, said that Lyft drivers took in \"record hourly earnings.\" The company statement didn't specify numbers.\n\"And in July driver earnings remained strong as demand for our platform continued to grow despite increases in reported COVID case counts,\" Roberts said.\nAt the end of the quarter Lyft had unrestricted cash, equivalents and short-term investments totaling $2.2 billion.","news_type":1,"symbols_score_info":{"LYFT":0.9}},"isVote":1,"tweetType":1,"viewCount":1814,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890087583,"gmtCreate":1628067447642,"gmtModify":1633753902899,"author":{"id":"3573625719551490","authorId":"3573625719551490","name":"bane","avatar":"https://static.tigerbbs.com/cc8e3f417a294b78c7d27131c858156f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573625719551490","authorIdStr":"3573625719551490"},"themes":[],"htmlText":"could it?","listText":"could it?","text":"could it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890087583","repostId":"1115159207","repostType":4,"isVote":1,"tweetType":1,"viewCount":1749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178195312,"gmtCreate":1626790702336,"gmtModify":1633770998946,"author":{"id":"3573625719551490","authorId":"3573625719551490","name":"bane","avatar":"https://static.tigerbbs.com/cc8e3f417a294b78c7d27131c858156f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573625719551490","authorIdStr":"3573625719551490"},"themes":[],"htmlText":"should i buy or should i go ~?","listText":"should i buy or should i go ~?","text":"should i buy or should i go ~?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/178195312","repostId":"1188133258","repostType":4,"repost":{"id":"1188133258","kind":"news","pubTimestamp":1626787650,"share":"https://www.laohu8.com/m/news/1188133258?lang=zh_CN&edition=full","pubTime":"2021-07-20 21:27","market":"us","language":"en","title":"Goldman Says \"Don't Buy This Dip\" And Here's Why...<blockquote>高盛表示“不要逢低买入”,原因如下...</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188133258","media":"zerohedge","summary":"At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-we","content":"<p>At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-week seasonal period of the year, with the first 18 days of the month traditionally the strongest period for markets...</p><p><blockquote>本月初,高盛交易员约翰·弗洛德(John Flood)正确地表示,我们正在进入一年中最好的两周季节性时期,本月的前18天传统上是市场最强劲的时期...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e7dc88222112e4655f492c56509f9d64\" tg-width=\"1280\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> ... and followed up with apredictionthat shorts will have to cover, which they did during a period in which we saw 13 out of 16 trading days hit new all time highs.</p><p><blockquote>...随后预测空头将不得不回补,在此期间,我们看到16个交易日中有13个交易日创下历史新高。</blockquote></p><p> Of course, it all came crashing down in the last 3 days when the S&P slide accelerated, culminating with a scary rout on Monday when tumbling yields sparked a panic that the US economy is headed straight into a stagflationary crash.</p><p><blockquote>当然,在过去3天里,当S&P加速下滑时,这一切都崩溃了,并在周一的可怕溃败中达到高潮,当时收益率暴跌引发了人们对美国经济正直接陷入滞胀崩溃的恐慌。</blockquote></p><p> And yet, with futures rebounding and traders clearly showing a desire to catch what has been the fastest falling knife in months, we were surprised to read that the same John Flood who correctly predicted the market ramp in the first half of July, has now flipped completely and in a note published overnight writes \"<b>don't buy this dip.</b>\" He explains why:</p><p><blockquote>然而,随着期货反弹,交易者明显表现出抓住几个月来最快下跌的刀的愿望,我们惊讶地发现,正确预测7月上半月市场上涨的约翰·弗洛德(John Flood)现在已经完全翻转了,并在隔夜发表的一份说明中写道“<b>不要买这个蘸酱。</b>”他解释了原因:</blockquote></p><p> I am a consistent buyer of dips but this wobble feels different and I am bracing for a weaker tape this week. Negative Covid headlines are picking up in velocity. Issuance spigots are fully turned on and this paper is getting harder to place from my seat (after some choppy px action related to issuance last week). <b>99% of S&P500 companies are in buyback blackout period into next week and quant flows remain asymmetric on the supply side (AKA CTA sellers will win this tug of war).</b>Earnings last week were great but were not rewarded (banks)...this week and next are the 2 busiest weeks of the earnings period. Overall market breadth continues to dissipate with FAAMG complex carrying the weight of the indices on its back. July has not been a fun month for the retail community (underlying retail bid is fading). HF length has recently come in significantly on a 1 year look back but on a 3 year basis is well above 50th percentile for both nets and grosses (still more wood to chop here). Institutional community continues to cut risk in China ADR’s post DIDI development while U.S. / China tensions rise. All eyes remain 10yr yields well below 200dma of 1.26 for first time in 2021. No need to hit the panic button but I plan on being patient with buy tickets over the next several sessions. And here are the 10 key<i>bearish</i>developments Flood is monitoring:</p><p><blockquote>我是一个持续的逢低买入者,但这种波动感觉不同,我正在为本周走弱的磁带做好准备。负面的Covid头条新闻正在加速。发行龙头完全打开,这篇论文越来越难从我的座位上放置(在上周与发行相关的一些波涛汹涌的px行动之后)。<b>99%的S&P 500公司将进入下周的回购封锁期,供应方面的量化流动仍然不对称(也就是CTA卖家将赢得这场拉锯战)。</b>上周的收益很好,但没有得到回报(银行)……本周和下周是收益期最繁忙的两周。随着FAAMG综合体背负着指数的重量,整体市场广度继续消散。对于零售界来说,7月并不是一个有趣的月份(潜在的零售出价正在减弱)。从1年的回顾来看,高频长度最近有了显著的增长,但从3年的基础上来看,净和毛都远高于第50百分位(这里还有更多的木头要砍)。在中美紧张局势加剧之际,机构界继续降低中国ADR后滴滴发展的风险。所有人都认为10年期国债收益率将在2021年首次远低于200日均线1.26。没有必要按下恐慌按钮,但我计划在接下来的几次会议中耐心购买门票。以下是10个关键<i>看跌</i>洪水正在监测的事态发展:</blockquote></p><p> <b>1) Covid headlines over the weekend were the most negative that I have seen in 2021. Here are the 5 that stood out to me...</b></p><p><blockquote><b>1)周末的Covid头条新闻是我在2021年见过的最负面的。以下是让我印象深刻的5个...</b></blockquote></p><p> <ul> <li>U.S. infections surged more than 60% last week, topping a 16% global increase. Delta cases may be undercounted, former FDA chief Scott Gottlieb said. The Dr. warned that the US is “vastly underestimating” the level of COVID delta spread domestically.CNBC</li> <li>The CDC warns of a “pandemic of the unvaccinated” as cases, hospitalizations, and fatalities rise in those parts of the country with low inoculation rates.BBG</li> <li>CDC says other major US cities will probably follow LA and reimpose mask mandates as COVID statistics continue to deteriorate.FT</li> <li>First Olympic athletes in Tokyo test positive for COVID, just days before the games are expected to commence (Coco Gauff the highest profile U.S. athlete to withdraw)</li> <li>The UK said travelers from France will need to quarantine for 10 days regardless of vaccination status, an announcement that “leaves holidays in disarray”.London Times</li> </ul> <b>2) It has been a paper party and this paper is getting harder to place. Last week we priced 11 registered deals in the U.S. ($3b notional) and this week already working on another 18 ($10b). This is especially noteworthy while in the depths of July.</b></p><p><blockquote><ul><li>上周美国感染人数激增超过60%,超过全球16%的增幅。FDA前局长斯科特·戈特利布(Scott Gottlieb)表示,Delta病例可能被低估。这位博士警告说,美国“大大低估”了COVID delta在国内的传播水平。CNBC</li><li>疾病预防控制中心警告称,随着该国接种率较低地区的病例、住院和死亡人数上升,将出现“未接种疫苗的大流行”。BBG</li><li>疾病预防控制中心表示,随着新冠疫情统计数据持续恶化,美国其他主要城市可能会效仿洛杉矶,重新实施口罩强制令。FT</li><li>就在东京奥运会预计开始前几天,第一批东京奥运会运动员的新冠病毒检测呈阳性(科科·高夫是退出奥运会的最引人注目的美国运动员)</li><li>英国表示,无论疫苗接种情况如何,来自法国的旅行者都需要隔离10天,这一声明“让假期陷入混乱”。伦敦时报</li></ul><b>2)这是一个纸党,这张纸越来越难放置。上周我们在美国对11笔注册交易进行了定价(名义价值30亿美元),本周我们已经在处理另外18笔交易(名义价值100亿美元)。这在七月底尤其值得注意。</b></blockquote></p><p> <b>3) Only 1 week into 2Q earnings but banks telling us to expect beats but NOT TO expect these beats to be rewarded. AKA sell sides estimates are still too low and positioning remains crowded. Since JPM kicked of megacap tech bank earnings last Tuesday morning (essentially beats across the board) bank index has shed 355bps.</b></p><p><blockquote><b>3)第二季度财报发布仅一周,但银行告诉我们要期待好消息,但不要指望这些好消息会得到回报。又名卖方的估计仍然太低,头寸仍然拥挤。自摩根大通上周二上午公布大型科技银行财报(基本上全面上涨)以来,银行指数已下跌355个基点。</b></blockquote></p><p> <b>4) We are in depths of corporate buyback blackout period and this will run through 7/23/21....</b></p><p><blockquote><b>4)我们正处于企业回购封锁期,这将持续到2011年7月23日....</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/2aaf1e5d45694a097b50a91dbde1c820\" tg-width=\"500\" tg-height=\"271\" referrerpolicy=\"no-referrer\"><b>5) Systematic flows are asymmetric...(AKA CTAs are sellers in a up and down tape)....</b></p><p><blockquote><b>5)系统流是不对称的...(又名CTA是上下磁带中的卖家)....</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/4bba4d70220e9707ea2844810c1a10b2\" tg-width=\"866\" tg-height=\"381\" referrerpolicy=\"no-referrer\"><b>6) Market breadth continues to deteriorate (was at ATH of 100 last month)....</b></p><p><blockquote><b>6)市场广度继续恶化(上个月ATH为100)....</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/39de9052680301024db46173d0dce29f\" tg-width=\"507\" tg-height=\"405\" referrerpolicy=\"no-referrer\"><b>7) AKA without recent stellar price action on FAAMG the market would be in some trouble...</b></p><p><blockquote><b>7)又名,如果没有FAAMG最近的出色价格走势,市场将会遇到一些麻烦……</b></blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/0ae0c7eead73ad8dc2ecc63bcbd9e27e\" tg-width=\"500\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>8) Tensions with China escalating and we see continued derisking in ADRs: The White House is accusing China of perpetrating a massive hack of Microsoft’s email systems and will form a coalition of NATO members to condemn Beijing’s cyber activities.NYT</b></p><p><blockquote><b>8)与中国的紧张局势不断升级,我们看到ADR的风险持续降低:白宫指责中国对微软的电子邮件系统进行大规模黑客攻击,并将组建北约成员国联盟谴责北京的网络活动。纽约时报</b></blockquote></p><p> <b>9) Retail support has been waning MTD....(GS HIGH RETAIL SENTIMENT BASKET)....</b></p><p><blockquote><b>9)零售支持MTD一直在减弱....(GS高零售情绪篮子)....</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/91d1bdeccdbb13bda1edf2982fd29b9c\" tg-width=\"969\" tg-height=\"737\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>1</b><b>0) On 1 year look back Fundamental L/S positioning has come in significantly....on a 3yr look back still elevated....</b></p><p><blockquote><b>1</b><b>0)回顾1年,基本L/S定位有了显着提高....回顾3年,仍然很高....</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/588f67823e6fabf1df2586491f930477\" tg-width=\"912\" tg-height=\"105\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Says \"Don't Buy This Dip\" And Here's Why...<blockquote>高盛表示“不要逢低买入”,原因如下...</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Says \"Don't Buy This Dip\" And Here's Why...<blockquote>高盛表示“不要逢低买入”,原因如下...</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-07-20 21:27</span>\n</p>\n</h4>\n</header>\n<article>\n<p>At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-week seasonal period of the year, with the first 18 days of the month traditionally the strongest period for markets...</p><p><blockquote>本月初,高盛交易员约翰·弗洛德(John Flood)正确地表示,我们正在进入一年中最好的两周季节性时期,本月的前18天传统上是市场最强劲的时期...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e7dc88222112e4655f492c56509f9d64\" tg-width=\"1280\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> ... and followed up with apredictionthat shorts will have to cover, which they did during a period in which we saw 13 out of 16 trading days hit new all time highs.</p><p><blockquote>...随后预测空头将不得不回补,在此期间,我们看到16个交易日中有13个交易日创下历史新高。</blockquote></p><p> Of course, it all came crashing down in the last 3 days when the S&P slide accelerated, culminating with a scary rout on Monday when tumbling yields sparked a panic that the US economy is headed straight into a stagflationary crash.</p><p><blockquote>当然,在过去3天里,当S&P加速下滑时,这一切都崩溃了,并在周一的可怕溃败中达到高潮,当时收益率暴跌引发了人们对美国经济正直接陷入滞胀崩溃的恐慌。</blockquote></p><p> And yet, with futures rebounding and traders clearly showing a desire to catch what has been the fastest falling knife in months, we were surprised to read that the same John Flood who correctly predicted the market ramp in the first half of July, has now flipped completely and in a note published overnight writes \"<b>don't buy this dip.</b>\" He explains why:</p><p><blockquote>然而,随着期货反弹,交易者明显表现出抓住几个月来最快下跌的刀的愿望,我们惊讶地发现,正确预测7月上半月市场上涨的约翰·弗洛德(John Flood)现在已经完全翻转了,并在隔夜发表的一份说明中写道“<b>不要买这个蘸酱。</b>”他解释了原因:</blockquote></p><p> I am a consistent buyer of dips but this wobble feels different and I am bracing for a weaker tape this week. Negative Covid headlines are picking up in velocity. Issuance spigots are fully turned on and this paper is getting harder to place from my seat (after some choppy px action related to issuance last week). <b>99% of S&P500 companies are in buyback blackout period into next week and quant flows remain asymmetric on the supply side (AKA CTA sellers will win this tug of war).</b>Earnings last week were great but were not rewarded (banks)...this week and next are the 2 busiest weeks of the earnings period. Overall market breadth continues to dissipate with FAAMG complex carrying the weight of the indices on its back. July has not been a fun month for the retail community (underlying retail bid is fading). HF length has recently come in significantly on a 1 year look back but on a 3 year basis is well above 50th percentile for both nets and grosses (still more wood to chop here). Institutional community continues to cut risk in China ADR’s post DIDI development while U.S. / China tensions rise. All eyes remain 10yr yields well below 200dma of 1.26 for first time in 2021. No need to hit the panic button but I plan on being patient with buy tickets over the next several sessions. And here are the 10 key<i>bearish</i>developments Flood is monitoring:</p><p><blockquote>我是一个持续的逢低买入者,但这种波动感觉不同,我正在为本周走弱的磁带做好准备。负面的Covid头条新闻正在加速。发行龙头完全打开,这篇论文越来越难从我的座位上放置(在上周与发行相关的一些波涛汹涌的px行动之后)。<b>99%的S&P 500公司将进入下周的回购封锁期,供应方面的量化流动仍然不对称(也就是CTA卖家将赢得这场拉锯战)。</b>上周的收益很好,但没有得到回报(银行)……本周和下周是收益期最繁忙的两周。随着FAAMG综合体背负着指数的重量,整体市场广度继续消散。对于零售界来说,7月并不是一个有趣的月份(潜在的零售出价正在减弱)。从1年的回顾来看,高频长度最近有了显著的增长,但从3年的基础上来看,净和毛都远高于第50百分位(这里还有更多的木头要砍)。在中美紧张局势加剧之际,机构界继续降低中国ADR后滴滴发展的风险。所有人都认为10年期国债收益率将在2021年首次远低于200日均线1.26。没有必要按下恐慌按钮,但我计划在接下来的几次会议中耐心购买门票。以下是10个关键<i>看跌</i>洪水正在监测的事态发展:</blockquote></p><p> <b>1) Covid headlines over the weekend were the most negative that I have seen in 2021. Here are the 5 that stood out to me...</b></p><p><blockquote><b>1)周末的Covid头条新闻是我在2021年见过的最负面的。以下是让我印象深刻的5个...</b></blockquote></p><p> <ul> <li>U.S. infections surged more than 60% last week, topping a 16% global increase. Delta cases may be undercounted, former FDA chief Scott Gottlieb said. The Dr. warned that the US is “vastly underestimating” the level of COVID delta spread domestically.CNBC</li> <li>The CDC warns of a “pandemic of the unvaccinated” as cases, hospitalizations, and fatalities rise in those parts of the country with low inoculation rates.BBG</li> <li>CDC says other major US cities will probably follow LA and reimpose mask mandates as COVID statistics continue to deteriorate.FT</li> <li>First Olympic athletes in Tokyo test positive for COVID, just days before the games are expected to commence (Coco Gauff the highest profile U.S. athlete to withdraw)</li> <li>The UK said travelers from France will need to quarantine for 10 days regardless of vaccination status, an announcement that “leaves holidays in disarray”.London Times</li> </ul> <b>2) It has been a paper party and this paper is getting harder to place. Last week we priced 11 registered deals in the U.S. ($3b notional) and this week already working on another 18 ($10b). This is especially noteworthy while in the depths of July.</b></p><p><blockquote><ul><li>上周美国感染人数激增超过60%,超过全球16%的增幅。FDA前局长斯科特·戈特利布(Scott Gottlieb)表示,Delta病例可能被低估。这位博士警告说,美国“大大低估”了COVID delta在国内的传播水平。CNBC</li><li>疾病预防控制中心警告称,随着该国接种率较低地区的病例、住院和死亡人数上升,将出现“未接种疫苗的大流行”。BBG</li><li>疾病预防控制中心表示,随着新冠疫情统计数据持续恶化,美国其他主要城市可能会效仿洛杉矶,重新实施口罩强制令。FT</li><li>就在东京奥运会预计开始前几天,第一批东京奥运会运动员的新冠病毒检测呈阳性(科科·高夫是退出奥运会的最引人注目的美国运动员)</li><li>英国表示,无论疫苗接种情况如何,来自法国的旅行者都需要隔离10天,这一声明“让假期陷入混乱”。伦敦时报</li></ul><b>2)这是一个纸党,这张纸越来越难放置。上周我们在美国对11笔注册交易进行了定价(名义价值30亿美元),本周我们已经在处理另外18笔交易(名义价值100亿美元)。这在七月底尤其值得注意。</b></blockquote></p><p> <b>3) Only 1 week into 2Q earnings but banks telling us to expect beats but NOT TO expect these beats to be rewarded. AKA sell sides estimates are still too low and positioning remains crowded. Since JPM kicked of megacap tech bank earnings last Tuesday morning (essentially beats across the board) bank index has shed 355bps.</b></p><p><blockquote><b>3)第二季度财报发布仅一周,但银行告诉我们要期待好消息,但不要指望这些好消息会得到回报。又名卖方的估计仍然太低,头寸仍然拥挤。自摩根大通上周二上午公布大型科技银行财报(基本上全面上涨)以来,银行指数已下跌355个基点。</b></blockquote></p><p> <b>4) We are in depths of corporate buyback blackout period and this will run through 7/23/21....</b></p><p><blockquote><b>4)我们正处于企业回购封锁期,这将持续到2011年7月23日....</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/2aaf1e5d45694a097b50a91dbde1c820\" tg-width=\"500\" tg-height=\"271\" referrerpolicy=\"no-referrer\"><b>5) Systematic flows are asymmetric...(AKA CTAs are sellers in a up and down tape)....</b></p><p><blockquote><b>5)系统流是不对称的...(又名CTA是上下磁带中的卖家)....</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/4bba4d70220e9707ea2844810c1a10b2\" tg-width=\"866\" tg-height=\"381\" referrerpolicy=\"no-referrer\"><b>6) Market breadth continues to deteriorate (was at ATH of 100 last month)....</b></p><p><blockquote><b>6)市场广度继续恶化(上个月ATH为100)....</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/39de9052680301024db46173d0dce29f\" tg-width=\"507\" tg-height=\"405\" referrerpolicy=\"no-referrer\"><b>7) AKA without recent stellar price action on FAAMG the market would be in some trouble...</b></p><p><blockquote><b>7)又名,如果没有FAAMG最近的出色价格走势,市场将会遇到一些麻烦……</b></blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/0ae0c7eead73ad8dc2ecc63bcbd9e27e\" tg-width=\"500\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>8) Tensions with China escalating and we see continued derisking in ADRs: The White House is accusing China of perpetrating a massive hack of Microsoft’s email systems and will form a coalition of NATO members to condemn Beijing’s cyber activities.NYT</b></p><p><blockquote><b>8)与中国的紧张局势不断升级,我们看到ADR的风险持续降低:白宫指责中国对微软的电子邮件系统进行大规模黑客攻击,并将组建北约成员国联盟谴责北京的网络活动。纽约时报</b></blockquote></p><p> <b>9) Retail support has been waning MTD....(GS HIGH RETAIL SENTIMENT BASKET)....</b></p><p><blockquote><b>9)零售支持MTD一直在减弱....(GS高零售情绪篮子)....</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/91d1bdeccdbb13bda1edf2982fd29b9c\" tg-width=\"969\" tg-height=\"737\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>1</b><b>0) On 1 year look back Fundamental L/S positioning has come in significantly....on a 3yr look back still elevated....</b></p><p><blockquote><b>1</b><b>0)回顾1年,基本L/S定位有了显着提高....回顾3年,仍然很高....</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/588f67823e6fabf1df2586491f930477\" tg-width=\"912\" tg-height=\"105\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.zerohedge.com/markets/goldman-says-dont-buy-dip-and-heres-why?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">zerohedge</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/goldman-says-dont-buy-dip-and-heres-why?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":"1188133258","content_text":"At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-week seasonal period of the year, with the first 18 days of the month traditionally the strongest period for markets...\n\n... and followed up with apredictionthat shorts will have to cover, which they did during a period in which we saw 13 out of 16 trading days hit new all time highs.\nOf course, it all came crashing down in the last 3 days when the S&P slide accelerated, culminating with a scary rout on Monday when tumbling yields sparked a panic that the US economy is headed straight into a stagflationary crash.\nAnd yet, with futures rebounding and traders clearly showing a desire to catch what has been the fastest falling knife in months, we were surprised to read that the same John Flood who correctly predicted the market ramp in the first half of July, has now flipped completely and in a note published overnight writes \"don't buy this dip.\" He explains why:\n\n I am a consistent buyer of dips but this wobble feels different and I am bracing for a weaker tape this week. Negative Covid headlines are picking up in velocity. Issuance spigots are fully turned on and this paper is getting harder to place from my seat (after some choppy px action related to issuance last week).\n\n\n99% of S&P500 companies are in buyback blackout period into next week and quant flows remain asymmetric on the supply side (AKA CTA sellers will win this tug of war).Earnings last week were great but were not rewarded (banks)...this week and next are the 2 busiest weeks of the earnings period.\n\n\n Overall market breadth continues to dissipate with FAAMG complex carrying the weight of the indices on its back. July has not been a fun month for the retail community (underlying retail bid is fading). HF length has recently come in significantly on a 1 year look back but on a 3 year basis is well above 50th percentile for both nets and grosses (still more wood to chop here). Institutional community continues to cut risk in China ADR’s post DIDI development while U.S. / China tensions rise. All eyes remain 10yr yields well below 200dma of 1.26 for first time in 2021. No need to hit the panic button but I plan on being patient with buy tickets over the next several sessions.\n\nAnd here are the 10 keybearishdevelopments Flood is monitoring:\n1) Covid headlines over the weekend were the most negative that I have seen in 2021. Here are the 5 that stood out to me...\n\nU.S. infections surged more than 60% last week, topping a 16% global increase. Delta cases may be undercounted, former FDA chief Scott Gottlieb said. The Dr. warned that the US is “vastly underestimating” the level of COVID delta spread domestically.CNBC\nThe CDC warns of a “pandemic of the unvaccinated” as cases, hospitalizations, and fatalities rise in those parts of the country with low inoculation rates.BBG\nCDC says other major US cities will probably follow LA and reimpose mask mandates as COVID statistics continue to deteriorate.FT\nFirst Olympic athletes in Tokyo test positive for COVID, just days before the games are expected to commence (Coco Gauff the highest profile U.S. athlete to withdraw)\nThe UK said travelers from France will need to quarantine for 10 days regardless of vaccination status, an announcement that “leaves holidays in disarray”.London Times\n\n2) It has been a paper party and this paper is getting harder to place. Last week we priced 11 registered deals in the U.S. ($3b notional) and this week already working on another 18 ($10b). This is especially noteworthy while in the depths of July.\n3) Only 1 week into 2Q earnings but banks telling us to expect beats but NOT TO expect these beats to be rewarded. AKA sell sides estimates are still too low and positioning remains crowded. Since JPM kicked of megacap tech bank earnings last Tuesday morning (essentially beats across the board) bank index has shed 355bps.\n4) We are in depths of corporate buyback blackout period and this will run through 7/23/21....\n5) Systematic flows are asymmetric...(AKA CTAs are sellers in a up and down tape)....\n6) Market breadth continues to deteriorate (was at ATH of 100 last month)....\n7) AKA without recent stellar price action on FAAMG the market would be in some trouble...\n\n8) Tensions with China escalating and we see continued derisking in ADRs: The White House is accusing China of perpetrating a massive hack of Microsoft’s email systems and will form a coalition of NATO members to condemn Beijing’s cyber activities.NYT\n9) Retail support has been waning MTD....(GS HIGH RETAIL SENTIMENT BASKET)....\n\n10) On 1 year look back Fundamental L/S positioning has come in significantly....on a 3yr look back still elevated....","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1719,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153866645,"gmtCreate":1625017657187,"gmtModify":1633945801056,"author":{"id":"3573625719551490","authorId":"3573625719551490","name":"bane","avatar":"https://static.tigerbbs.com/cc8e3f417a294b78c7d27131c858156f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573625719551490","authorIdStr":"3573625719551490"},"themes":[],"htmlText":"up up ","listText":"up up ","text":"up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153866645","repostId":"1187567340","repostType":4,"repost":{"id":"1187567340","kind":"news","pubTimestamp":1625017360,"share":"https://www.laohu8.com/m/news/1187567340?lang=zh_CN&edition=full","pubTime":"2021-06-30 09:42","market":"us","language":"en","title":"Housing Prices Are Going Up. Must They Crash?<blockquote>房价在上涨。他们一定要崩溃吗?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1187567340","media":"Barrons","summary":"There are many reports of homebuyers getting into bidding wars and many cities where home prices hav","content":"<p>There are many reports of homebuyers getting into bidding wars and many cities where home prices have appreciated by well more than 10% over the past year. This naturally leads to a concern about market volatility: Must what goes up comedown? Are werepeatingthe excesses of the early 2000s, when housing prices surged before the market crashed?</p><p><blockquote>有许多报道称购房者陷入了竞购战,许多城市的房价在过去一年中上涨了10%以上。这自然会引发对市场波动的担忧:上涨的东西一定会下跌吗?我们是否正在经历21世纪初的过度行为,当时房价在市场崩溃之前飙升?</blockquote></p><p> Some analysts argue that this time, it’s even less likely that prices will fall.Inventoriesof new homes for sale are very low, and lending standards are much tighter than in 2005. This is true. In fact, the ground is even firmer than it seems.</p><p><blockquote>一些分析师认为,这一次,价格下跌的可能性更小。待售新房库存非常低,贷款标准也比2005年严格得多。这是真的。事实上,地面比看起来更坚固。</blockquote></p><p> New home inventories were very high before the Great Recession. Today, they are closer to the level that has been common for decades. The portion of inventory built and ready for move-in is especially low because of supply chain interruptions combined with a sudden boost of demand during the coronavirus pandemic. We shouldn’t worry much about a crash when buyers are eagerly snapping up the available homes.</p><p><blockquote>在大衰退之前,新房库存非常高。如今,它们更接近几十年来普遍存在的水平。由于供应链中断,加上冠状病毒大流行期间需求突然增加,已建成并准备入住的库存比例特别低。当买家急切地抢购可用房屋时,我们不应该太担心崩盘。</blockquote></p><p> Yet there’s another reason to believe a housing crash is unlikely: Even the high level of inventory in 2005 wasn’t nearly as speculative as most people think. Understanding why will help us interpret today’s market.</p><p><blockquote>然而,还有另一个理由相信房地产崩盘不太可能发生:即使是2005年的高库存水平也远不像大多数人想象的那样具有投机性。理解原因将有助于我们解读今天的市场。</blockquote></p><p> In 2005, homes were being built because sales were high, and sales were high in parts of the country where demand was strong. Builders were conservatively scaling their inventories with rising sales. The same is true today.</p><p><blockquote>2005年,房屋正在建造,因为销量很高,而且在该国需求强劲的部分地区销量很高。随着销售额的增长,建筑商保守地扩大了库存。今天也是如此。</blockquote></p><p> Frequently, analysts cite the sharp rise in months of inventory—the number of months it will take to sell the current supply of homes being constructed for sale, at the current sales rate—as evidence of overzealous building during the last boom. But timing is key here. Decades of experience tell a clear story: Months of inventory is mostly a function of sales rather than builder speculation. When sales are strong, homes are turning over, and months of inventory tend to stay low. When sales quickly decline, builders tend to be left with unexpectedly high inventory.</p><p><blockquote>分析师经常引用库存月数的急剧上升——以当前的销售速度出售当前待售房屋供应所需的月数——作为上一次繁荣期间过度建筑的证据。但是时机是关键。几十年的经验告诉我们一个清晰的故事:几个月的库存主要是销售的函数,而不是建筑商的投机。当销售强劲时,房屋就会周转,几个月的库存往往会保持在较低水平。当销售迅速下降时,建筑商往往会留下出乎意料的高库存。</blockquote></p><p> From the late 1990s all the way up to the peak of new home sales in mid-2005,inventory was at historic lows, with about four months’ worth remaining. Of course, builders were creating more inventory to match growing sales, but it was barely enough to keep up with demand, so the number held fairly constant. Then, as economic growth started to slow, a deep drop in sales coincided with a sharp rise in months of inventory.</p><p><blockquote>从20世纪90年代末一直到2005年中期新房销售高峰,库存处于历史低点,还剩大约四个月的价值。当然,建筑商正在创造更多的库存来匹配不断增长的销售,但这几乎不足以满足需求,因此数量保持相当稳定。然后,随着经济增长开始放缓,销售额大幅下降的同时,几个月的库存急剧上升。</blockquote></p><p> Today, there are also about four months of inventory, and sales are around the same level as they were in the late 1990s. So, while it’s easy to look at on-the-ground activity and conclude that low inventory could cause bidding wars among buyers, we need to remember that buyers are really driving inventory more than the other way around. In other words, builders decide to create new homes when demand is high from buyers. If demand suddenly dries up, builders can’t suddenly make the inventory of homes under construction disappear.</p><p><blockquote>如今,也有大约四个月的库存,销售额与20世纪90年代末大致相同。因此,虽然很容易从实地活动中得出结论,低库存可能会导致买家之间的竞购战,但我们需要记住,买家实际上更多地推动了库存,而不是相反。换句话说,当买家需求高时,建筑商决定建造新房。如果需求突然枯竭,建筑商不可能突然让在建房屋库存消失。</blockquote></p><p> Demand for new homes is something over which federal policy makers actually have some control. The Federal Reserve and other federal regulators should aim to avoid sharp declines in sales. The Fed can do this by raising or lowering interest rates, changing the money supply, and targeting changes in prices and nominal economic activity. Federal regulators can make sure that stable lending conditions are maintained, or not.One reasonthe Great Recession was so bad was that Federal Reserve officials and other federal regulators, generally responding to public sentiment, washed their hands of the horrendous collapse in sales and left homebuilders and sellers out to dry.</p><p><blockquote>对新房的需求实际上是联邦政策制定者可以控制的。美联储和其他联邦监管机构的目标应该是避免销售额急剧下降。美联储可以通过提高或降低利率、改变货币供应量以及针对价格和名义经济活动的变化来做到这一点。联邦监管机构可以确保维持稳定的贷款条件,也可以不维持。大衰退如此严重的原因之一是,美联储官员和其他联邦监管机构通常会对公众情绪做出反应,对销售的可怕崩溃置之不理,让房屋建筑商和卖家束手无策。</blockquote></p><p> But even in that worst-case scenario, the 2000s market was much more resilient than it seemed. In July 2005, when buyers backed off and months of inventory started to surge, the median U.S. home price was $198,000, according toZillow. In July 2008, when months of inventory was near its peak, it was still at $199,000.</p><p><blockquote>但即使在最坏的情况下,2000年代的市场也比看起来要有弹性得多。根据Zillow的数据,2005年7月,当买家退出、数月库存开始激增时,美国房价中位数为198,000美元。2008年7月,当数月库存接近峰值时,仍为19.9万美元。</blockquote></p><p> At the June 2006 Federal Reserve meeting, Ben Bernanke said, “It is a good thing that housing is cooling. If we could wave a magic wand and reinstate 2005, we wouldn’t want to do that.” It’s notable that Jerome Powell, who today holds Bernanke’s former position as Fed chair, isn’t openly pining for a “cooler” housing market.</p><p><blockquote>在2006年6月的美联储会议上,本·伯南克说:“住房正在降温是一件好事。如果我们能挥动魔杖,恢复2005年,我们就不会想这么做了。”值得注意的是,如今接替伯南克担任美联储主席的杰罗姆·鲍威尔并没有公开渴望房地产市场“降温”。</blockquote></p><p> There is a common belief that before the Great Recession, homebuyers were taken in by themyththat home prices never go down, and they became complacent. Those buyers turned out to be wrong. Yet, even when a concerted effort to kill housing markets succeeded, we had to beat them into submission for three full years before prices relented. Home prices can go down, but we have to work very hard, together, for a long time, to make them fall.</p><p><blockquote>人们普遍认为,在大衰退之前,购房者被房价永远不会下跌的神话所迷惑,他们变得自满。事实证明,那些买家错了。然而,即使扼杀房地产市场的共同努力取得了成功,我们也必须在价格回落之前整整三年的时间里击败他们。房价可以下跌,但我们必须非常努力,一起,在很长一段时间内,让它们下跌。</blockquote></p><p></p><p> If you are a buyer in a hot market where home prices are 30% higher than they were a year ago, you’re getting a 30% worse deal than you could have had back then. Nothing can be done about that. That said, the main things to be concerned with are the factors federal policymakers are in control of. There is little reason to expect housing demand to collapse. If it does, it will require communal intention—federal monetary and credit policies meant to create or accept a sharp drop in demand. And even if federal officials intend for housing construction to collapse, history suggests that a market contraction would push new sales down deeply for an extended period of time before prices relent.</p><p><blockquote>如果你是一个房价比一年前高出30%的热门市场的买家,那么你得到的交易比当时糟糕30%。对此无能为力。也就是说,主要需要关注的是联邦政策制定者控制的因素。几乎没有理由预计住房需求会崩溃。如果是这样,它将需要公共意图——旨在创造或接受需求急剧下降的联邦货币和信贷政策。即使联邦官员打算让住房建设崩溃,历史表明,在价格回落之前,市场收缩也会在很长一段时间内导致新销售大幅下降。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Housing Prices Are Going Up. Must They Crash?<blockquote>房价在上涨。他们一定要崩溃吗?</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHousing Prices Are Going Up. Must They Crash?<blockquote>房价在上涨。他们一定要崩溃吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-30 09:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p>There are many reports of homebuyers getting into bidding wars and many cities where home prices have appreciated by well more than 10% over the past year. This naturally leads to a concern about market volatility: Must what goes up comedown? Are werepeatingthe excesses of the early 2000s, when housing prices surged before the market crashed?</p><p><blockquote>有许多报道称购房者陷入了竞购战,许多城市的房价在过去一年中上涨了10%以上。这自然会引发对市场波动的担忧:上涨的东西一定会下跌吗?我们是否正在经历21世纪初的过度行为,当时房价在市场崩溃之前飙升?</blockquote></p><p> Some analysts argue that this time, it’s even less likely that prices will fall.Inventoriesof new homes for sale are very low, and lending standards are much tighter than in 2005. This is true. In fact, the ground is even firmer than it seems.</p><p><blockquote>一些分析师认为,这一次,价格下跌的可能性更小。待售新房库存非常低,贷款标准也比2005年严格得多。这是真的。事实上,地面比看起来更坚固。</blockquote></p><p> New home inventories were very high before the Great Recession. Today, they are closer to the level that has been common for decades. The portion of inventory built and ready for move-in is especially low because of supply chain interruptions combined with a sudden boost of demand during the coronavirus pandemic. We shouldn’t worry much about a crash when buyers are eagerly snapping up the available homes.</p><p><blockquote>在大衰退之前,新房库存非常高。如今,它们更接近几十年来普遍存在的水平。由于供应链中断,加上冠状病毒大流行期间需求突然增加,已建成并准备入住的库存比例特别低。当买家急切地抢购可用房屋时,我们不应该太担心崩盘。</blockquote></p><p> Yet there’s another reason to believe a housing crash is unlikely: Even the high level of inventory in 2005 wasn’t nearly as speculative as most people think. Understanding why will help us interpret today’s market.</p><p><blockquote>然而,还有另一个理由相信房地产崩盘不太可能发生:即使是2005年的高库存水平也远不像大多数人想象的那样具有投机性。理解原因将有助于我们解读今天的市场。</blockquote></p><p> In 2005, homes were being built because sales were high, and sales were high in parts of the country where demand was strong. Builders were conservatively scaling their inventories with rising sales. The same is true today.</p><p><blockquote>2005年,房屋正在建造,因为销量很高,而且在该国需求强劲的部分地区销量很高。随着销售额的增长,建筑商保守地扩大了库存。今天也是如此。</blockquote></p><p> Frequently, analysts cite the sharp rise in months of inventory—the number of months it will take to sell the current supply of homes being constructed for sale, at the current sales rate—as evidence of overzealous building during the last boom. But timing is key here. Decades of experience tell a clear story: Months of inventory is mostly a function of sales rather than builder speculation. When sales are strong, homes are turning over, and months of inventory tend to stay low. When sales quickly decline, builders tend to be left with unexpectedly high inventory.</p><p><blockquote>分析师经常引用库存月数的急剧上升——以当前的销售速度出售当前待售房屋供应所需的月数——作为上一次繁荣期间过度建筑的证据。但是时机是关键。几十年的经验告诉我们一个清晰的故事:几个月的库存主要是销售的函数,而不是建筑商的投机。当销售强劲时,房屋就会周转,几个月的库存往往会保持在较低水平。当销售迅速下降时,建筑商往往会留下出乎意料的高库存。</blockquote></p><p> From the late 1990s all the way up to the peak of new home sales in mid-2005,inventory was at historic lows, with about four months’ worth remaining. Of course, builders were creating more inventory to match growing sales, but it was barely enough to keep up with demand, so the number held fairly constant. Then, as economic growth started to slow, a deep drop in sales coincided with a sharp rise in months of inventory.</p><p><blockquote>从20世纪90年代末一直到2005年中期新房销售高峰,库存处于历史低点,还剩大约四个月的价值。当然,建筑商正在创造更多的库存来匹配不断增长的销售,但这几乎不足以满足需求,因此数量保持相当稳定。然后,随着经济增长开始放缓,销售额大幅下降的同时,几个月的库存急剧上升。</blockquote></p><p> Today, there are also about four months of inventory, and sales are around the same level as they were in the late 1990s. So, while it’s easy to look at on-the-ground activity and conclude that low inventory could cause bidding wars among buyers, we need to remember that buyers are really driving inventory more than the other way around. In other words, builders decide to create new homes when demand is high from buyers. If demand suddenly dries up, builders can’t suddenly make the inventory of homes under construction disappear.</p><p><blockquote>如今,也有大约四个月的库存,销售额与20世纪90年代末大致相同。因此,虽然很容易从实地活动中得出结论,低库存可能会导致买家之间的竞购战,但我们需要记住,买家实际上更多地推动了库存,而不是相反。换句话说,当买家需求高时,建筑商决定建造新房。如果需求突然枯竭,建筑商不可能突然让在建房屋库存消失。</blockquote></p><p> Demand for new homes is something over which federal policy makers actually have some control. The Federal Reserve and other federal regulators should aim to avoid sharp declines in sales. The Fed can do this by raising or lowering interest rates, changing the money supply, and targeting changes in prices and nominal economic activity. Federal regulators can make sure that stable lending conditions are maintained, or not.One reasonthe Great Recession was so bad was that Federal Reserve officials and other federal regulators, generally responding to public sentiment, washed their hands of the horrendous collapse in sales and left homebuilders and sellers out to dry.</p><p><blockquote>对新房的需求实际上是联邦政策制定者可以控制的。美联储和其他联邦监管机构的目标应该是避免销售额急剧下降。美联储可以通过提高或降低利率、改变货币供应量以及针对价格和名义经济活动的变化来做到这一点。联邦监管机构可以确保维持稳定的贷款条件,也可以不维持。大衰退如此严重的原因之一是,美联储官员和其他联邦监管机构通常会对公众情绪做出反应,对销售的可怕崩溃置之不理,让房屋建筑商和卖家束手无策。</blockquote></p><p> But even in that worst-case scenario, the 2000s market was much more resilient than it seemed. In July 2005, when buyers backed off and months of inventory started to surge, the median U.S. home price was $198,000, according toZillow. In July 2008, when months of inventory was near its peak, it was still at $199,000.</p><p><blockquote>但即使在最坏的情况下,2000年代的市场也比看起来要有弹性得多。根据Zillow的数据,2005年7月,当买家退出、数月库存开始激增时,美国房价中位数为198,000美元。2008年7月,当数月库存接近峰值时,仍为19.9万美元。</blockquote></p><p> At the June 2006 Federal Reserve meeting, Ben Bernanke said, “It is a good thing that housing is cooling. If we could wave a magic wand and reinstate 2005, we wouldn’t want to do that.” It’s notable that Jerome Powell, who today holds Bernanke’s former position as Fed chair, isn’t openly pining for a “cooler” housing market.</p><p><blockquote>在2006年6月的美联储会议上,本·伯南克说:“住房正在降温是一件好事。如果我们能挥动魔杖,恢复2005年,我们就不会想这么做了。”值得注意的是,如今接替伯南克担任美联储主席的杰罗姆·鲍威尔并没有公开渴望房地产市场“降温”。</blockquote></p><p> There is a common belief that before the Great Recession, homebuyers were taken in by themyththat home prices never go down, and they became complacent. Those buyers turned out to be wrong. Yet, even when a concerted effort to kill housing markets succeeded, we had to beat them into submission for three full years before prices relented. Home prices can go down, but we have to work very hard, together, for a long time, to make them fall.</p><p><blockquote>人们普遍认为,在大衰退之前,购房者被房价永远不会下跌的神话所迷惑,他们变得自满。事实证明,那些买家错了。然而,即使扼杀房地产市场的共同努力取得了成功,我们也必须在价格回落之前整整三年的时间里击败他们。房价可以下跌,但我们必须非常努力,一起,在很长一段时间内,让它们下跌。</blockquote></p><p></p><p> If you are a buyer in a hot market where home prices are 30% higher than they were a year ago, you’re getting a 30% worse deal than you could have had back then. Nothing can be done about that. That said, the main things to be concerned with are the factors federal policymakers are in control of. There is little reason to expect housing demand to collapse. If it does, it will require communal intention—federal monetary and credit policies meant to create or accept a sharp drop in demand. And even if federal officials intend for housing construction to collapse, history suggests that a market contraction would push new sales down deeply for an extended period of time before prices relent.</p><p><blockquote>如果你是一个房价比一年前高出30%的热门市场的买家,那么你得到的交易比当时糟糕30%。对此无能为力。也就是说,主要需要关注的是联邦政策制定者控制的因素。几乎没有理由预计住房需求会崩溃。如果是这样,它将需要公共意图——旨在创造或接受需求急剧下降的联邦货币和信贷政策。即使联邦官员打算让住房建设崩溃,历史表明,在价格回落之前,市场收缩也会在很长一段时间内导致新销售大幅下降。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/housing-prices-market-crash-51624912461?siteid=yhoof2\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/housing-prices-market-crash-51624912461?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187567340","content_text":"There are many reports of homebuyers getting into bidding wars and many cities where home prices have appreciated by well more than 10% over the past year. This naturally leads to a concern about market volatility: Must what goes up comedown? Are werepeatingthe excesses of the early 2000s, when housing prices surged before the market crashed?\nSome analysts argue that this time, it’s even less likely that prices will fall.Inventoriesof new homes for sale are very low, and lending standards are much tighter than in 2005. This is true. In fact, the ground is even firmer than it seems.\nNew home inventories were very high before the Great Recession. Today, they are closer to the level that has been common for decades. The portion of inventory built and ready for move-in is especially low because of supply chain interruptions combined with a sudden boost of demand during the coronavirus pandemic. We shouldn’t worry much about a crash when buyers are eagerly snapping up the available homes.\nYet there’s another reason to believe a housing crash is unlikely: Even the high level of inventory in 2005 wasn’t nearly as speculative as most people think. Understanding why will help us interpret today’s market.\nIn 2005, homes were being built because sales were high, and sales were high in parts of the country where demand was strong. Builders were conservatively scaling their inventories with rising sales. The same is true today.\nFrequently, analysts cite the sharp rise in months of inventory—the number of months it will take to sell the current supply of homes being constructed for sale, at the current sales rate—as evidence of overzealous building during the last boom. But timing is key here. Decades of experience tell a clear story: Months of inventory is mostly a function of sales rather than builder speculation. When sales are strong, homes are turning over, and months of inventory tend to stay low. When sales quickly decline, builders tend to be left with unexpectedly high inventory.\nFrom the late 1990s all the way up to the peak of new home sales in mid-2005,inventory was at historic lows, with about four months’ worth remaining. Of course, builders were creating more inventory to match growing sales, but it was barely enough to keep up with demand, so the number held fairly constant. Then, as economic growth started to slow, a deep drop in sales coincided with a sharp rise in months of inventory.\nToday, there are also about four months of inventory, and sales are around the same level as they were in the late 1990s. So, while it’s easy to look at on-the-ground activity and conclude that low inventory could cause bidding wars among buyers, we need to remember that buyers are really driving inventory more than the other way around. In other words, builders decide to create new homes when demand is high from buyers. If demand suddenly dries up, builders can’t suddenly make the inventory of homes under construction disappear.\nDemand for new homes is something over which federal policy makers actually have some control. The Federal Reserve and other federal regulators should aim to avoid sharp declines in sales. The Fed can do this by raising or lowering interest rates, changing the money supply, and targeting changes in prices and nominal economic activity. Federal regulators can make sure that stable lending conditions are maintained, or not.One reasonthe Great Recession was so bad was that Federal Reserve officials and other federal regulators, generally responding to public sentiment, washed their hands of the horrendous collapse in sales and left homebuilders and sellers out to dry.\nBut even in that worst-case scenario, the 2000s market was much more resilient than it seemed. In July 2005, when buyers backed off and months of inventory started to surge, the median U.S. home price was $198,000, according toZillow. In July 2008, when months of inventory was near its peak, it was still at $199,000.\nAt the June 2006 Federal Reserve meeting, Ben Bernanke said, “It is a good thing that housing is cooling. If we could wave a magic wand and reinstate 2005, we wouldn’t want to do that.” It’s notable that Jerome Powell, who today holds Bernanke’s former position as Fed chair, isn’t openly pining for a “cooler” housing market.\nThere is a common belief that before the Great Recession, homebuyers were taken in by themyththat home prices never go down, and they became complacent. Those buyers turned out to be wrong. Yet, even when a concerted effort to kill housing markets succeeded, we had to beat them into submission for three full years before prices relented. Home prices can go down, but we have to work very hard, together, for a long time, to make them fall.\nIf you are a buyer in a hot market where home prices are 30% higher than they were a year ago, you’re getting a 30% worse deal than you could have had back then. Nothing can be done about that. That said, the main things to be concerned with are the factors federal policymakers are in control of. There is little reason to expect housing demand to collapse. If it does, it will require communal intention—federal monetary and credit policies meant to create or accept a sharp drop in demand. And even if federal officials intend for housing construction to collapse, history suggests that a market contraction would push new sales down deeply for an extended period of time before prices relent.","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153869791,"gmtCreate":1625017501113,"gmtModify":1633945804180,"author":{"id":"3573625719551490","authorId":"3573625719551490","name":"bane","avatar":"https://static.tigerbbs.com/cc8e3f417a294b78c7d27131c858156f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573625719551490","authorIdStr":"3573625719551490"},"themes":[],"htmlText":"☺️","listText":"☺️","text":"☺️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153869791","repostId":"1122418477","repostType":4,"isVote":1,"tweetType":1,"viewCount":1638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159237131,"gmtCreate":1624969433023,"gmtModify":1633946425470,"author":{"id":"3573625719551490","authorId":"3573625719551490","name":"bane","avatar":"https://static.tigerbbs.com/cc8e3f417a294b78c7d27131c858156f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573625719551490","authorIdStr":"3573625719551490"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SPCE\">$Virgin Galactic(SPCE)$</a>[Smile] ","listText":"<a href=\"https://laohu8.com/S/SPCE\">$Virgin Galactic(SPCE)$</a>[Smile] ","text":"$Virgin Galactic(SPCE)$[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159237131","isVote":1,"tweetType":1,"viewCount":1522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}