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JPKS
JPKS
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2021-08-26
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2021-06-02
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2021-05-31
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JPKS
JPKS
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2021-05-06
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Dow opens slightly higher after notching record close, S&P 500 is flat
U.S. stocks held steady on Thursday as investors awaited Friday's highly anticipated jobs report.The
Dow opens slightly higher after notching record close, S&P 500 is flat
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2021-04-27
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2021-04-26
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JPKS
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2021-04-25
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2021-04-24
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‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme
KEY POINTS “Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be
‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme
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JPKS
JPKS
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2021-04-23
Comment s. Comments comment.
What the chip shortage means for the US economy
The global computer chip shortage could have larger ramifications than making it harder to buy the l
What the chip shortage means for the US economy
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2021-04-23
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The tech-heavy index and S&P 500 are each lower for the week. The Dow is on track to break a two-week losing streak.</p><p>However, Etsy tanked by 11% in early trading afterwarning that sales will slowas the pandemic boost wanes.</p><p>Shares of Gap, which have been popping in the past month along with other specialty retail as investors bet on a return to more in-person shopping, was higher again, up about 2% in early trading.</p><p>During Wednesday's session, the Dow gained 97 points to end at a new closing high. The 30-stock benchmark index also set a new intraday record after rising nearly 200 points at one point.</p><p>It's too early to say whether the early gains Thursday will mark a reversal in trend.</p><p>\"Technology sector earnings momentum relative to the broader market peaked in late May of 2020,\" said Keith Lerner, chief market strategist at Truist. \"Given that we expect the economy to grow well above trend this year and next, value stands to benefit. Indeed, when looking at the value indices, they are dominated by financials and tend to have greater exposure to economically-sensitive sectors that are more leveraged to an economic recovery.\"</p><p>The Russell 1000 Value index has gained 16% this year, while the Russell 1000 Growth index has advanced 5%.</p><p>However, he added that concerns still remain in the market. For one, federal stimulus packages have boosted growth, and at some point, the economy will have to return to organic growth.</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>Dow opens slightly higher after notching record close, S&P 500 is flat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow opens slightly higher after notching record close, S&P 500 is flat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-06 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks held steady on Thursday as investors awaited Friday's highly anticipated jobs report.</p><p>The Dow Jones Industrial Average added 40 points after reaching a record closing high in the previous session. The S&P 500 was little changed. The Nasdaq Composite dipped 0.5%.</p><p>The muted action in futures came despite a better-than-expected reading onjobless claims. First-time claims for unemployment insurance totaled 498,000 for the week ended March 1, hitting a fresh pandemic-era low and better than a Dow Jones estimate of 527,000.</p><p>The data came one day before April's jobs report is released on Friday.</p><p>\"Job growth has been strong and increasing for the past three months. April's employment numbers are expected to show another significant gain, as layoffs were down by one-sixth during the month,\" noted Brad McMillan, chief investment officer for Commonwealth Financial Network.</p><p>PayPal shares jumped 4% in premarket trading to lead tech names after the company posted better-than-expected earnings andsaid revenue last quarter surged 31%.</p><p>The Nasdaq Composite posted its fourth straight negative session on Wednesday for its longest daily losing streak since October. The tech-heavy index and S&P 500 are each lower for the week. The Dow is on track to break a two-week losing streak.</p><p>However, Etsy tanked by 11% in early trading afterwarning that sales will slowas the pandemic boost wanes.</p><p>Shares of Gap, which have been popping in the past month along with other specialty retail as investors bet on a return to more in-person shopping, was higher again, up about 2% in early trading.</p><p>During Wednesday's session, the Dow gained 97 points to end at a new closing high. The 30-stock benchmark index also set a new intraday record after rising nearly 200 points at one point.</p><p>It's too early to say whether the early gains Thursday will mark a reversal in trend.</p><p>\"Technology sector earnings momentum relative to the broader market peaked in late May of 2020,\" said Keith Lerner, chief market strategist at Truist. \"Given that we expect the economy to grow well above trend this year and next, value stands to benefit. Indeed, when looking at the value indices, they are dominated by financials and tend to have greater exposure to economically-sensitive sectors that are more leveraged to an economic recovery.\"</p><p>The Russell 1000 Value index has gained 16% this year, while the Russell 1000 Growth index has advanced 5%.</p><p>However, he added that concerns still remain in the market. For one, federal stimulus packages have boosted growth, and at some point, the economy will have to return to organic growth.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123117067","content_text":"U.S. stocks held steady on Thursday as investors awaited Friday's highly anticipated jobs report.The Dow Jones Industrial Average added 40 points after reaching a record closing high in the previous session. The S&P 500 was little changed. The Nasdaq Composite dipped 0.5%.The muted action in futures came despite a better-than-expected reading onjobless claims. First-time claims for unemployment insurance totaled 498,000 for the week ended March 1, hitting a fresh pandemic-era low and better than a Dow Jones estimate of 527,000.The data came one day before April's jobs report is released on Friday.\"Job growth has been strong and increasing for the past three months. April's employment numbers are expected to show another significant gain, as layoffs were down by one-sixth during the month,\" noted Brad McMillan, chief investment officer for Commonwealth Financial Network.PayPal shares jumped 4% in premarket trading to lead tech names after the company posted better-than-expected earnings andsaid revenue last quarter surged 31%.The Nasdaq Composite posted its fourth straight negative session on Wednesday for its longest daily losing streak since October. The tech-heavy index and S&P 500 are each lower for the week. The Dow is on track to break a two-week losing streak.However, Etsy tanked by 11% in early trading afterwarning that sales will slowas the pandemic boost wanes.Shares of Gap, which have been popping in the past month along with other specialty retail as investors bet on a return to more in-person shopping, was higher again, up about 2% in early trading.During Wednesday's session, the Dow gained 97 points to end at a new closing high. The 30-stock benchmark index also set a new intraday record after rising nearly 200 points at one point.It's too early to say whether the early gains Thursday will mark a reversal in trend.\"Technology sector earnings momentum relative to the broader market peaked in late May of 2020,\" said Keith Lerner, chief market strategist at Truist. \"Given that we expect the economy to grow well above trend this year and next, value stands to benefit. Indeed, when looking at the value indices, they are dominated by financials and tend to have greater exposure to economically-sensitive sectors that are more leveraged to an economic recovery.\"The Russell 1000 Value index has gained 16% this year, while the Russell 1000 Growth index has advanced 5%.However, he added that concerns still remain in the market. For one, federal stimulus packages have boosted growth, and at some point, the economy will have to return to organic growth.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374706801,"gmtCreate":1619479944003,"gmtModify":1634273174878,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/374706801","repostId":"1126317368","repostType":4,"isVote":1,"tweetType":1,"viewCount":1807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374088069,"gmtCreate":1619402111651,"gmtModify":1634273772299,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/374088069","repostId":"1112636113","repostType":4,"isVote":1,"tweetType":1,"viewCount":845,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375368532,"gmtCreate":1619309913326,"gmtModify":1634274386410,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Weee","listText":"Weee","text":"Weee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375368532","repostId":"2129843350","repostType":4,"isVote":1,"tweetType":1,"viewCount":950,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372448815,"gmtCreate":1619237352537,"gmtModify":1634287522194,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372448815","repostId":"1179843002","repostType":4,"repost":{"id":"1179843002","kind":"news","pubTimestamp":1619190162,"share":"https://www.laohu8.com/m/news/1179843002?lang=&edition=full","pubTime":"2021-04-23 23:02","market":"us","language":"en","title":"‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme","url":"https://stock-news.laohu8.com/highlight/detail?id=1179843002","media":"CNBC","summary":"KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be","content":"<div>\n<p>KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 23:02 GMT+8 <a href=https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1179843002","content_text":"KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between inflation and bitcoin,” the former derivatives trader and current hedge fund advisor told CNBC on Friday.\nTaleb had once believed bitcoin was a promising new currency, because it was not controlled by a government. But he has since changed his mind.\n\n“Black Swan” author Nassim Taleb on Friday criticized bitcoin as a “gimmick,” telling CNBC he believes it’s too volatile to be an effective currency and it’s not a safe hedge against inflation.\n“Basically, there’s no connection between inflation and bitcoin. None. I mean, you can have hyperinflation and bitcoin going to zero. There’s no link between them,” Taleb said in a “Squawk Box” interview.\n“It’s a beautifully set up cryptographic system. It’s well made but there’s absolutely no reason it should be linked to anything economic,” added Taleb, whose bestselling 2007 book examined highly improbable events and their potential to cause severe consequences. He said bitcoin has characteristics of what he calls a Ponzi scheme that’s right out in the open.\nA Ponzi scheme is a type of fraud whereby crooks steal money from investors and mask the theft by funneling returns to clients from funds contributed by newer investors.\nTaleb had once held favorable views toward bitcoin, which was created in 2009 and is the world’s largest cryptocurrency by market value. However, he told CNBC he was “fooled by it initially” because he thought it could develop into a currency used in transactions.\n“Something that moves 5% a day, 20% in a month — up or down — cannot be a currency. It’s something else,” said Taleb, a former derivatives trader who serves as scientific advisor to hedge fund Universa Investments.\n“I bought into it ... not willing to have capital appreciation, so much as wanting to have an alternative to the fiat currency issued by central banks: A currency without a government,” Taleb said. “I realized it was not a currency without a government. It was just pure speculation. It’s just like a game ... I mean, you can create another game and call it a currency.”\nWhile some businesses do accept bitcoin as payment for goods and services, including electric vehicle maker Tesla, there are those in the crypto community who think it’s actually an asset and store of value. Bitcoin, which has its supply capped at 21 million tokens, has been described as “digital gold.”\n“It’s easily transportable and can be sent anywhere in the world if you have a smartphone so it’s a much better version, as a store of value, than gold,” famed value investor Bill Miller told CNBC earlier this week.\n“With bitcoin, volatility is the price you pay for performance,” added Miller, who has also previously contended bitcoin grows less risky as adoption and its price increases.\nIndeed, the price of bitcoin has soared higher in recent months — rising from under $11,000 per unit as recently as October to an all-time high of nearly $65,000 last week. Increased institutional adoption has been cited as one factor in its climb.\nIn keeping with its propensity for wild price swings, bitcoin has tumbled in the days since, ultimately breaking below $50,000 per token earlier Friday, a 23% drop in a little more than a week. However, the price has still risen more than 70% year to date,according to Coindesk.\nBitcoin has received long-term price targets between $400,000 and $600,000 per token from some people in the investment community, including Guggenheim Partners’Scott Minerd; others have projected even higher than that.\nTaleb suggested bitcoin’s price is not what informs his now-critical view, saying “bitcoin could go to $1 million” and it wouldn’t change his argument. “These gimmicks, you have bitcoin today. You may have another one tomorrow. They come and go, and there’s no systematic link between them and the claims they make,” he added.\nInvestors who are worried about inflation would be better off purchasing property than investing in bitcoin, Taleb said. “If you want to hedge against inflation, buy a piece of land. Grow, I don’t know, olives on it. You’ll have olive oil. If the price collapses, you’ll have something.”\n“But bitcoin, there’s no connection and, of course, the best strategy for investors is to own things that produce yields in the future. In other words, you can fall back on real dollars coming out of the company,” he said.","news_type":1,"symbols_score_info":{"BTCmain":0.9,"GBTC":0.9,"PYPL":0.9,"SQ":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376585333,"gmtCreate":1619137154522,"gmtModify":1634288315552,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Comment s. Comments comment. ","listText":"Comment s. Comments comment. ","text":"Comment s. Comments comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/376585333","repostId":"2129382543","repostType":4,"repost":{"id":"2129382543","kind":"news","pubTimestamp":1619105702,"share":"https://www.laohu8.com/m/news/2129382543?lang=&edition=full","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","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>What the chip shortage means for the US economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8 <a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","TM":"丰田汽车","GM":"通用汽车",".SPX":"S&P 500 Index","HMC":"本田汽车","SSNLF":"三星电子","MSFT":"微软","NVDA":"英伟达",".DJI":"道琼斯","F":"福特汽车",".IXIC":"NASDAQ Composite","INTC":"英特尔"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"F":0.6,"GM":0.6,"HMC":0.6,"INTC":0.9,"MSFT":0.6,"NVDA":0.9,"SSNLF":0.9,"TM":0.6,"TSM":0.9}},"isVote":1,"tweetType":1,"viewCount":2411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376582091,"gmtCreate":1619137118413,"gmtModify":1634288316507,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/376582091","repostId":"2129707339","repostType":4,"isVote":1,"tweetType":1,"viewCount":1481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}