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- Amok3Amok3
  ·2021-07-07
  yes
  JPMorgan Bosses Predict Banks’ Long Trading Slump Gone for Good
  (Bloomberg) -- Before 2020 unleashed a windfall for Wall Street traders, life in the business kept g
  JPMorgan Bosses Predict Banks’ Long Trading Slump Gone for Good
  156 评论
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- Amok3Amok3
  ·2021-07-07
  o
  AMG to Acquire Majority Stake in Parnassus; Shares Pop 7%
  Affiliated Managers Group, Inc. (AMG) inked a deal to acquire a majority equity stake in Parnassus I
  AMG to Acquire Majority Stake in Parnassus; Shares Pop 7%
  338 评论
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- Amok3Amok3
  ·2021-06-25
  cool
  Job hole or inflation? Fed policymakers split over risk view
  June 24 (Reuters) - As Federal Reserve policymakers begin an intense debate over when and how to sta
  Job hole or inflation? Fed policymakers split over risk view
  192 评论
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- Amok3Amok3
  ·2021-06-17
  nice
  Why GEO Group Is Soaring 11% This Morning
  The private prison operator is the latest meme-stock fave.
  Why GEO Group Is Soaring 11% This Morning
  148 评论
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- Amok3Amok3
  ·2021-06-16
  $Starbucks(SBUX)$free real estate
  396 评论
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Now, as the pandemic’s flurry of activity fades, the question is whether the decade-long slide will continue.</p>\n<p>The answer is no, according to Daniel Pinto, who oversees JPMorgan Chase &amp; Co.’s massive Wall Street operations.</p>\n<p>The industry’s collective revenue from trading -- its “wallet” -- probably reached its nadir before Covid-19, he said in an interview. And from those depths, things are likely to improve for years to come. That is, setting aside 2020.</p>\n<p>“You’re going to have, over time, an increasing wallet,” said Pinto, the bank’s co-president and co-chief operating officer. Post-crisis regulations and changes in market structure, such as electronification, that squeezed margins are now mostly in place, and the system is working well, he said. “From here you would expect that as the world grows and capital markets grow, the trading businesses will grow.”</p>\n<p>It might be hard for shareholders to remember that optimism in coming months as global banks face tough comparisons with 2020’s bonanza. JPMorgan and Goldman Sachs Group Inc. are set to kick off second-quarter earnings announcements next week. Already, JPMorgan Chief Executive Officer Jamie Dimon signaled a potential 38% decline from a year earlier, as he and executives from Morgan Stanley and Citigroup Inc. sought to temper expectations in recent weeks.</p>\n<p>For much of a decade after the financial crisis, total wallet for the 12 largest trading firms fell again and again. Their combined revenue from the business bottomed out at $110 billion in 2017 and hardly improved in the two years that followed, according to data from analytics firm Coalition Greenwich. The reasons were myriad: more stringent rules, the rise of electronic trading, persistently low interest rates, pressure from new entrants and the outright disappearance of some products post-crisis.</p>\n<p>Many of those changes have played out, and capital markets are expanding. Pinto and colleagues said that longer-term growth trend will be apparent this year.</p>\n<p>“If you put last year aside, which was a one-off, this year should be a very strong outcome when you put it on a multiyear basis,” said Troy Rohrbaugh, JPMorgan’s global head of markets.</p>\n<p>Equities will expand the industry’s wallet more than fixed-income products, Rohrbaugh predicted. The U.S. remains the region generating the biggest increase, though the trend is also positive in Europe, he said. The wallet from China will likely swell, but it’s unclear what share of the additional business will go to foreign firms. They will see some, at least, he said.</p>\n<p>Broadly, companies such as JPMorgan with the most scale and ability to invest in technology will have an advantage, though smaller firms will benefit too, he said.</p>\n<p>Does that mean that fewer traders will be around to participate in the upswing?</p>\n<p>“What you do will evolve,” Rohrbaugh said. “There are certainly some roles that will go away as you gain productivity. As more traditional jobs disappear, there are new jobs that pop up.</p>","source":"lsy1612507957220","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>JPMorgan Bosses Predict Banks’ Long Trading Slump Gone for Good</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\">\nJPMorgan Bosses Predict Banks’ Long Trading Slump Gone for Good\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 23:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/jpmorgan-bosses-predict-banks-long-120000722.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Before 2020 unleashed a windfall for Wall Street traders, life in the business kept getting harder as revenue weakened. Now, as the pandemic’s flurry of activity fades, the question is ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jpmorgan-bosses-predict-banks-long-120000722.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"source_url":"https://finance.yahoo.com/news/jpmorgan-bosses-predict-banks-long-120000722.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128775379","content_text":"(Bloomberg) -- Before 2020 unleashed a windfall for Wall Street traders, life in the business kept getting harder as revenue weakened. Now, as the pandemic’s flurry of activity fades, the question is whether the decade-long slide will continue.\nThe answer is no, according to Daniel Pinto, who oversees JPMorgan Chase & Co.’s massive Wall Street operations.\nThe industry’s collective revenue from trading -- its “wallet” -- probably reached its nadir before Covid-19, he said in an interview. And from those depths, things are likely to improve for years to come. That is, setting aside 2020.\n“You’re going to have, over time, an increasing wallet,” said Pinto, the bank’s co-president and co-chief operating officer. Post-crisis regulations and changes in market structure, such as electronification, that squeezed margins are now mostly in place, and the system is working well, he said. “From here you would expect that as the world grows and capital markets grow, the trading businesses will grow.”\nIt might be hard for shareholders to remember that optimism in coming months as global banks face tough comparisons with 2020’s bonanza. JPMorgan and Goldman Sachs Group Inc. are set to kick off second-quarter earnings announcements next week. Already, JPMorgan Chief Executive Officer Jamie Dimon signaled a potential 38% decline from a year earlier, as he and executives from Morgan Stanley and Citigroup Inc. sought to temper expectations in recent weeks.\nFor much of a decade after the financial crisis, total wallet for the 12 largest trading firms fell again and again. Their combined revenue from the business bottomed out at $110 billion in 2017 and hardly improved in the two years that followed, according to data from analytics firm Coalition Greenwich. The reasons were myriad: more stringent rules, the rise of electronic trading, persistently low interest rates, pressure from new entrants and the outright disappearance of some products post-crisis.\nMany of those changes have played out, and capital markets are expanding. Pinto and colleagues said that longer-term growth trend will be apparent this year.\n“If you put last year aside, which was a one-off, this year should be a very strong outcome when you put it on a multiyear basis,” said Troy Rohrbaugh, JPMorgan’s global head of markets.\nEquities will expand the industry’s wallet more than fixed-income products, Rohrbaugh predicted. The U.S. remains the region generating the biggest increase, though the trend is also positive in Europe, he said. The wallet from China will likely swell, but it’s unclear what share of the additional business will go to foreign firms. They will see some, at least, he said.\nBroadly, companies such as JPMorgan with the most scale and ability to invest in technology will have an advantage, though smaller firms will benefit too, he said.\nDoes that mean that fewer traders will be around to participate in the upswing?\n“What you do will evolve,” Rohrbaugh said. “There are certainly some roles that will go away as you gain productivity. As more traditional jobs disappear, there are new jobs that pop up.","news_type":1,"symbols_score_info":{"JPM":0.9}},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140780495,"gmtCreate":1625673368317,"gmtModify":1633938457312,"author":{"id":"3585660814010435","authorId":"3585660814010435","name":"Amok3","avatar":"https://static.tigerbbs.com/a8892e9e9fc08970975f69f05186b348","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585660814010435","authorIdStr":"3585660814010435"},"themes":[],"htmlText":"o","listText":"o","text":"o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140780495","repostId":"2149313903","repostType":4,"repost":{"id":"2149313903","kind":"news","pubTimestamp":1625671359,"share":"https://ttm.financial/m/news/2149313903?lang=&edition=full","pubTime":"2021-07-07 23:22","market":"us","language":"en","title":"AMG to Acquire Majority Stake in Parnassus; Shares Pop 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=2149313903","media":"SmarterAnalyst","summary":"Affiliated Managers Group, Inc. (AMG) inked a deal to acquire a majority equity stake in Parnassus I","content":"<p>Affiliated Managers Group, Inc. (<b>AMG</b>) inked a deal to acquire a majority equity stake in Parnassus Investments, the largest pure-play ESG-dedicated fund manager in the U.S.&nbsp;Shares of AMG popped 6.9% to close at $166.80 on July 6.</p>\n<p>AMG acts as a partner to independent, active investment management firms globally. As of March 31, 2021, AMG’s assets under management were approximately $738 billion. (See&nbsp;Affiliated Managers Group stock chart&nbsp;on TipRanks)</p>\n<p>The partnership with Parnassus will bring AMG’s ESG dedicated AUM to approximately $80 billion, and AUM incorporating ESG factors into the investment process to approximately $600 billion.</p>\n<p>Furthermore, key Parnassus leaders Benjamin Allen and Todd Ahlsten will enter into long-term employment agreements with the firm.</p>\n<p>AMG is renowned for allowing full operational and investment autonomy to its affiliates, and Parnassus also will benefit from the same.</p>\n<p>Financial terms of the deal were not disclosed, though AMG did mention that the deal will be funded with existing corporate resources. The transaction is expected to close in the second half of 2021, subject to certain closing conditions.</p>\n<p>Jay C. Horgen, President, and CEO of AMG said, “For nearly four decades, and across numerous market cycles, Parnassus has integrated fundamental financial and ESG research with the goal of achieving attractive risk-adjusted returns for its clients… AMG’s partnership with Parnassus further enhances our strategic participation in ESG investing, <a href=\"https://laohu8.com/S/AONE\">one</a> of the fastest-growing segments in the investment industry, and an area of increasingly significant focus for clients globally.”</p>\n<p>The deal is expected to contribute around $70 million to AMG’s adjusted EBITDA, and $1.30 per share to its Economic earnings in 2022.</p>\n<p>Following the news, Barrington analyst&nbsp;Alexander Paris&nbsp;reiterated a Buy rating on the stock and lifted the price target to $190 (13.9% upside potential) from $180.</p>\n<p>Paris believes that AMG has “accelerating growth ahead, driven by strong Affiliate performance, organic growth in client cash flows, new Affiliate investments (including that of Parnassus) and share repurchases.”</p>\n<p>The stock has an overall Moderate Buy consensus rating based on 2 Buys and 4 Holds. The&nbsp;average Affiliated Managers Group price target&nbsp;of $171.50 implies 2.8% upside potential to current levels. Shares have gained 130% over the past year.</p>\n<p><img src=\"https://static.tigerbbs.com/5c1ebf2e52b84dad135dd22df3ae2142\" tg-width=\"602\" tg-height=\"209\" referrerpolicy=\"no-referrer\"></p>","source":"yahoofinance","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>AMG to Acquire Majority Stake in Parnassus; Shares Pop 7%</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\">\nAMG to Acquire Majority Stake in Parnassus; Shares Pop 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/amg-acquire-majority-stake-parnassus-145339283.html><strong>SmarterAnalyst</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Affiliated Managers Group, Inc. (AMG) inked a deal to acquire a majority equity stake in Parnassus Investments, the largest pure-play ESG-dedicated fund manager in the U.S. Shares of AMG popped 6.9% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/amg-acquire-majority-stake-parnassus-145339283.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMG":"Affiliated Managers Group Inc"},"source_url":"https://finance.yahoo.com/news/amg-acquire-majority-stake-parnassus-145339283.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149313903","content_text":"Affiliated Managers Group, Inc. (AMG) inked a deal to acquire a majority equity stake in Parnassus Investments, the largest pure-play ESG-dedicated fund manager in the U.S. Shares of AMG popped 6.9% to close at $166.80 on July 6.\nAMG acts as a partner to independent, active investment management firms globally. As of March 31, 2021, AMG’s assets under management were approximately $738 billion. (See Affiliated Managers Group stock chart on TipRanks)\nThe partnership with Parnassus will bring AMG’s ESG dedicated AUM to approximately $80 billion, and AUM incorporating ESG factors into the investment process to approximately $600 billion.\nFurthermore, key Parnassus leaders Benjamin Allen and Todd Ahlsten will enter into long-term employment agreements with the firm.\nAMG is renowned for allowing full operational and investment autonomy to its affiliates, and Parnassus also will benefit from the same.\nFinancial terms of the deal were not disclosed, though AMG did mention that the deal will be funded with existing corporate resources. The transaction is expected to close in the second half of 2021, subject to certain closing conditions.\nJay C. Horgen, President, and CEO of AMG said, “For nearly four decades, and across numerous market cycles, Parnassus has integrated fundamental financial and ESG research with the goal of achieving attractive risk-adjusted returns for its clients… AMG’s partnership with Parnassus further enhances our strategic participation in ESG investing, one of the fastest-growing segments in the investment industry, and an area of increasingly significant focus for clients globally.”\nThe deal is expected to contribute around $70 million to AMG’s adjusted EBITDA, and $1.30 per share to its Economic earnings in 2022.\nFollowing the news, Barrington analyst Alexander Paris reiterated a Buy rating on the stock and lifted the price target to $190 (13.9% upside potential) from $180.\nParis believes that AMG has “accelerating growth ahead, driven by strong Affiliate performance, organic growth in client cash flows, new Affiliate investments (including that of Parnassus) and share repurchases.”\nThe stock has an overall Moderate Buy consensus rating based on 2 Buys and 4 Holds. The average Affiliated Managers Group price target of $171.50 implies 2.8% upside potential to current levels. Shares have gained 130% over the past year.","news_type":1,"symbols_score_info":{"AMG":0.9}},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126531172,"gmtCreate":1624578271896,"gmtModify":1634004217868,"author":{"id":"3585660814010435","authorId":"3585660814010435","name":"Amok3","avatar":"https://static.tigerbbs.com/a8892e9e9fc08970975f69f05186b348","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585660814010435","authorIdStr":"3585660814010435"},"themes":[],"htmlText":"cool","listText":"cool","text":"cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126531172","repostId":"2146023953","repostType":4,"repost":{"id":"2146023953","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624577436,"share":"https://ttm.financial/m/news/2146023953?lang=&edition=full","pubTime":"2021-06-25 07:30","market":"us","language":"en","title":"Job hole or inflation? Fed policymakers split over risk view","url":"https://stock-news.laohu8.com/highlight/detail?id=2146023953","media":"Reuters","summary":"June 24 (Reuters) - As Federal Reserve policymakers begin an intense debate over when and how to sta","content":"<p>June 24 (Reuters) - As Federal Reserve policymakers begin an intense debate over when and how to start reducing the central bank's support for the economy, they are split over what poses the bigger risk: a still-large jobs deficit or a potential inflation shock.</p>\n<p>Robert Kaplan and James Bullard, chiefs respectively of the Dallas and St. Louis Fed banks, on Thursday both warned that inflation could stay higher for longer than many of their colleagues may anticipate.</p>\n<p>\"Policymakers will have to take this new risk into account in the months and quarters ahead,\" Bullard told the Clayton Chamber of Commerce near St. Louis.</p>\n<p>Kaplan, speaking to the Headliners Club of Austin, said he sees \"upside risk\" to his projection for 2.4% or 2.5% inflation next year, already at the top of the range of Fed forecasts. He added that the Fed should start trimming its asset purchases \"sooner than later\" to gently begin the process of reducing stimulus and avoid having to slam on the brakes sharply later on. Continuing asset purchases longer than necessary could also fuel excesses and imbalances in financial markets, Kaplan said.</p>\n<p>Both believe the Fed will need to start raising interest rates from current rock-bottom levels next year.</p>\n<p>Meanwhile, New York Fed President John Williams and Philadelphia Fed President Patrick Harker, speaking at separate events, emphasized how much farther the labor market has to go before it heals.</p>\n<p>\"Once the recovery is more complete and the economy is in a very good place, then we can take back the low interest rates and get them back to more normal levels,\" Williams said during a virtual conversation hosted by the College of Staten Island. \"It's not the time now because the economy is still far from maximum employment.\"</p>\n<p>Harker, speaking at a virtual event held by the Official Monetary and <a href=\"https://laohu8.com/S/FISI\">Financial Institutions</a> Forum, said the economy is now down around 10.6 million jobs compared with what there would have been had jobs growth maintained its pre-pandemic trajectory.</p>\n<p>Neither Harker or Williams said when they believe the Fed will need to start raising rates, though a majority at the central bank do believe they'll need to start increasing rates in 2023.</p>\n<p>Since the pandemic began last year, the Fed has faced little tension between its two mandates of full employment and stable prices. Near-zero interest rates and $120 billion in monthly asset purchases were calibrated to do double duty, pushing up on hiring and what had been too-low inflation by driving down borrowing costs.</p>\n<p>But now, with the economy reopening at a fast clip and businesses struggling to meet demand, consumer prices rose 5% last month, the fastest since 2008.</p>\n<p>Fed Chair Jerome Powell has argued that the rise will prove temporary, with inflation cooling as reopening schools and receding infection fears bring more Americans back to the workforce and businesses ramp up production to cure supply bottlenecks.</p>\n<p>But some policymakers have their doubts. Dallas Fed's Kaplan points to 2.5 million or more Americans over 55 who have retired since the pandemic began, and on Thursday said it's unclear how many will return to the workforce.</p>\n<p>That, along with the 1.5 million workers who have left jobs to care for family members, means that despite the giant jobs hole the labor market may be tighter than the 5.8% unemployment rate suggests, he said.</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>Job hole or inflation? Fed policymakers split over risk view</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\">\nJob hole or inflation? Fed policymakers split over risk view\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-25 07:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 24 (Reuters) - As Federal Reserve policymakers begin an intense debate over when and how to start reducing the central bank's support for the economy, they are split over what poses the bigger risk: a still-large jobs deficit or a potential inflation shock.</p>\n<p>Robert Kaplan and James Bullard, chiefs respectively of the Dallas and St. Louis Fed banks, on Thursday both warned that inflation could stay higher for longer than many of their colleagues may anticipate.</p>\n<p>\"Policymakers will have to take this new risk into account in the months and quarters ahead,\" Bullard told the Clayton Chamber of Commerce near St. Louis.</p>\n<p>Kaplan, speaking to the Headliners Club of Austin, said he sees \"upside risk\" to his projection for 2.4% or 2.5% inflation next year, already at the top of the range of Fed forecasts. He added that the Fed should start trimming its asset purchases \"sooner than later\" to gently begin the process of reducing stimulus and avoid having to slam on the brakes sharply later on. Continuing asset purchases longer than necessary could also fuel excesses and imbalances in financial markets, Kaplan said.</p>\n<p>Both believe the Fed will need to start raising interest rates from current rock-bottom levels next year.</p>\n<p>Meanwhile, New York Fed President John Williams and Philadelphia Fed President Patrick Harker, speaking at separate events, emphasized how much farther the labor market has to go before it heals.</p>\n<p>\"Once the recovery is more complete and the economy is in a very good place, then we can take back the low interest rates and get them back to more normal levels,\" Williams said during a virtual conversation hosted by the College of Staten Island. \"It's not the time now because the economy is still far from maximum employment.\"</p>\n<p>Harker, speaking at a virtual event held by the Official Monetary and <a href=\"https://laohu8.com/S/FISI\">Financial Institutions</a> Forum, said the economy is now down around 10.6 million jobs compared with what there would have been had jobs growth maintained its pre-pandemic trajectory.</p>\n<p>Neither Harker or Williams said when they believe the Fed will need to start raising rates, though a majority at the central bank do believe they'll need to start increasing rates in 2023.</p>\n<p>Since the pandemic began last year, the Fed has faced little tension between its two mandates of full employment and stable prices. Near-zero interest rates and $120 billion in monthly asset purchases were calibrated to do double duty, pushing up on hiring and what had been too-low inflation by driving down borrowing costs.</p>\n<p>But now, with the economy reopening at a fast clip and businesses struggling to meet demand, consumer prices rose 5% last month, the fastest since 2008.</p>\n<p>Fed Chair Jerome Powell has argued that the rise will prove temporary, with inflation cooling as reopening schools and receding infection fears bring more Americans back to the workforce and businesses ramp up production to cure supply bottlenecks.</p>\n<p>But some policymakers have their doubts. Dallas Fed's Kaplan points to 2.5 million or more Americans over 55 who have retired since the pandemic began, and on Thursday said it's unclear how many will return to the workforce.</p>\n<p>That, along with the 1.5 million workers who have left jobs to care for family members, means that despite the giant jobs hole the labor market may be tighter than the 5.8% unemployment rate suggests, he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146023953","content_text":"June 24 (Reuters) - As Federal Reserve policymakers begin an intense debate over when and how to start reducing the central bank's support for the economy, they are split over what poses the bigger risk: a still-large jobs deficit or a potential inflation shock.\nRobert Kaplan and James Bullard, chiefs respectively of the Dallas and St. Louis Fed banks, on Thursday both warned that inflation could stay higher for longer than many of their colleagues may anticipate.\n\"Policymakers will have to take this new risk into account in the months and quarters ahead,\" Bullard told the Clayton Chamber of Commerce near St. Louis.\nKaplan, speaking to the Headliners Club of Austin, said he sees \"upside risk\" to his projection for 2.4% or 2.5% inflation next year, already at the top of the range of Fed forecasts. He added that the Fed should start trimming its asset purchases \"sooner than later\" to gently begin the process of reducing stimulus and avoid having to slam on the brakes sharply later on. Continuing asset purchases longer than necessary could also fuel excesses and imbalances in financial markets, Kaplan said.\nBoth believe the Fed will need to start raising interest rates from current rock-bottom levels next year.\nMeanwhile, New York Fed President John Williams and Philadelphia Fed President Patrick Harker, speaking at separate events, emphasized how much farther the labor market has to go before it heals.\n\"Once the recovery is more complete and the economy is in a very good place, then we can take back the low interest rates and get them back to more normal levels,\" Williams said during a virtual conversation hosted by the College of Staten Island. \"It's not the time now because the economy is still far from maximum employment.\"\nHarker, speaking at a virtual event held by the Official Monetary and Financial Institutions Forum, said the economy is now down around 10.6 million jobs compared with what there would have been had jobs growth maintained its pre-pandemic trajectory.\nNeither Harker or Williams said when they believe the Fed will need to start raising rates, though a majority at the central bank do believe they'll need to start increasing rates in 2023.\nSince the pandemic began last year, the Fed has faced little tension between its two mandates of full employment and stable prices. Near-zero interest rates and $120 billion in monthly asset purchases were calibrated to do double duty, pushing up on hiring and what had been too-low inflation by driving down borrowing costs.\nBut now, with the economy reopening at a fast clip and businesses struggling to meet demand, consumer prices rose 5% last month, the fastest since 2008.\nFed Chair Jerome Powell has argued that the rise will prove temporary, with inflation cooling as reopening schools and receding infection fears bring more Americans back to the workforce and businesses ramp up production to cure supply bottlenecks.\nBut some policymakers have their doubts. Dallas Fed's Kaplan points to 2.5 million or more Americans over 55 who have retired since the pandemic began, and on Thursday said it's unclear how many will return to the workforce.\nThat, along with the 1.5 million workers who have left jobs to care for family members, means that despite the giant jobs hole the labor market may be tighter than the 5.8% unemployment rate suggests, he said.","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163363340,"gmtCreate":1623859917280,"gmtModify":1634026879691,"author":{"id":"3585660814010435","authorId":"3585660814010435","name":"Amok3","avatar":"https://static.tigerbbs.com/a8892e9e9fc08970975f69f05186b348","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585660814010435","authorIdStr":"3585660814010435"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/163363340","repostId":"2143797877","repostType":4,"repost":{"id":"2143797877","kind":"highlight","pubTimestamp":1623856200,"share":"https://ttm.financial/m/news/2143797877?lang=&edition=full","pubTime":"2021-06-16 23:10","market":"us","language":"en","title":"Why GEO Group Is Soaring 11% This Morning","url":"https://stock-news.laohu8.com/highlight/detail?id=2143797877","media":"Motley Fool","summary":"The private prison operator is the latest meme-stock fave.","content":"<h2>What happened</h2>\n<p>Shares of <b>GEO Group</b> (NYSE:GEO) were running 11% higher in morning trading Wednesday as the Reddit stock trading frenzy latched onto yet another stock that's heavily sold short.</p>\n<h2>So what</h2>\n<p>There was no real news to speak of regarding the private prison operator's business, but with over 35% of its outstanding shares sold short, GEO Group has been adopted as the latest meme stock to get retail investor support.</p>\n<p>While rallying around businesses being \"unfairly\" targeted by hedge funds and other short-sellers is fun, it's no way to invest and sometimes a business deserves the negative opinion held.</p>\n<h2>Now what</h2>\n<p>GEO Group is not in danger of going out of business, at least not anytime soon, but in the very first days of President Joe Biden's new administration, he ordered the Justice Department not to renew its contracts with private prison operators like GEO Group and peer <b>CoreCivic</b>.</p>\n<p>GEO Group's contracts don't begin expiring until 2022, so it has time left before any contracts it has under DOJ purview are killed off (Immigration and Customs Enforcement Homeland Security control are not affected).</p>\n<p>Yet, because GEO Group is structured as a real estate investment trust (REIT), the fact that it suspended its dividend in April to focus on its heavy debt load means the reason most people invest in REITs has been taken away.</p>\n<p>Yes, the business can survive and maybe the divided will be reinstated, but simply piling into a stock based on the number of shares sold short is no way to invest.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why GEO Group Is Soaring 11% This Morning</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; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy GEO Group Is Soaring 11% This Morning\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 23:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/why-geo-group-is-soaring-11-this-morning/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of GEO Group (NYSE:GEO) were running 11% higher in morning trading Wednesday as the Reddit stock trading frenzy latched onto yet another stock that's heavily sold short.\nSo what\n...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/why-geo-group-is-soaring-11-this-morning/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GEO":"GEO惩教集团"},"source_url":"https://www.fool.com/investing/2021/06/16/why-geo-group-is-soaring-11-this-morning/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143797877","content_text":"What happened\nShares of GEO Group (NYSE:GEO) were running 11% higher in morning trading Wednesday as the Reddit stock trading frenzy latched onto yet another stock that's heavily sold short.\nSo what\nThere was no real news to speak of regarding the private prison operator's business, but with over 35% of its outstanding shares sold short, GEO Group has been adopted as the latest meme stock to get retail investor support.\nWhile rallying around businesses being \"unfairly\" targeted by hedge funds and other short-sellers is fun, it's no way to invest and sometimes a business deserves the negative opinion held.\nNow what\nGEO Group is not in danger of going out of business, at least not anytime soon, but in the very first days of President Joe Biden's new administration, he ordered the Justice Department not to renew its contracts with private prison operators like GEO Group and peer CoreCivic.\nGEO Group's contracts don't begin expiring until 2022, so it has time left before any contracts it has under DOJ purview are killed off (Immigration and Customs Enforcement Homeland Security control are not affected).\nYet, because GEO Group is structured as a real estate investment trust (REIT), the fact that it suspended its dividend in April to focus on its heavy debt load means the reason most people invest in REITs has been taken away.\nYes, the business can survive and maybe the divided will be reinstated, but simply piling into a stock based on the number of shares sold short is no way to invest.","news_type":1,"symbols_score_info":{"GEO":0.9}},"isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160366621,"gmtCreate":1623772945763,"gmtModify":1631885861503,"author":{"id":"3585660814010435","authorId":"3585660814010435","name":"Amok3","avatar":"https://static.tigerbbs.com/a8892e9e9fc08970975f69f05186b348","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585660814010435","authorIdStr":"3585660814010435"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>free real estate","listText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>free real estate","text":"$Starbucks(SBUX)$free real estate","images":[{"img":"https://static.tigerbbs.com/dc84bb4b4ae0677391727ded82d5810e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160366621","isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}