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MitchellC
MitchellC
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2021-06-25
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MitchellC
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MitchellC
MitchellC
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2021-06-25
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The "Great Reset" Is Here, Part 1: The New Blueprint For Worldwide Inflation
For years, currency analysts (myself included) have looked forsigns of an international monetary “re
The "Great Reset" Is Here, Part 1: The New Blueprint For Worldwide Inflation
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MitchellC
MitchellC
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MitchellC
MitchellC
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2021-06-25
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Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes
KEY POINTS In its investment outlook for the second half of 2021, Credit Suisse predicted the world
Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes
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MitchellC
MitchellC
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2021-06-25
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Comcast Says 'Pure Speculation' It's Mulling Bids for ViacomCBS or Roku
ViacomCBS and Roku are both in the spotlight on a report that Comcast is pondering a bid for one of
Comcast Says 'Pure Speculation' It's Mulling Bids for ViacomCBS or Roku
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14:45","market":"us","language":"en","title":"The \"Great Reset\" Is Here, Part 1: The New Blueprint For Worldwide Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1118732537","media":"zerohedge","summary":"For years, currency analysts (myself included) have looked forsigns of an international monetary “re","content":"<p>For years, currency analysts (myself included) have looked for<b>signs of an international monetary “reset” that would diminish the dollar’s role as the leading reserve currency and replace it with a substitute,</b>which would be agreed upon at some Bretton Woods-style monetary conference.</p>\n<p><b>Now, it looks like the move towards the long-expected Great Reset is accelerating.</b></p>\n<p>At the recent G7 summit in the UK, G7 leaders gave their blessings to a $100 billion allocation of IMF special drawing rights (SDRs) to help lower-income countries address the COVID-19 crisis.</p>\n<p>President Biden fully supports the idea. The White House issued the following statement:</p>\n<blockquote>\n <i>The United States and our G7 partners are actively considering a global effort to multiply the impact of the proposed Special Drawing Rights (SDR) allocation to the countries most in need…At potentially up to $100 billion in size, the proposed effort would further support health needs – including vaccinations…</i>\n</blockquote>\n<p><b>A separate press release from the same day continued the same sentiment, stating, “We strongly support the effort to recycle SDRs to further support health needs.”</b></p>\n<p>In another development, IMF Managing Director Kristalina Georgieva said last Wednesday that she expected the fund’s governors to approve a $650 billion allocation of SDRs in mid-August.</p>\n<p><u><b>What exactly are SDRs?</b></u></p>\n<p><b>Basically, they’re world money.</b></p>\n<p>In 1969, the IMF created the SDR, possibly to serve as a source of liquidity and alternative to the dollar.</p>\n<p><b>In 1971, the dollar did devalue relative to gold and other major currencies. SDRs were issued by the IMF from 1970 to 1981. None were issued after 1981 until 2009 during the global financial crisis.</b></p>\n<p>The 2009 issuance was a case of the IMF “testing the plumbing” of the system to make sure it worked properly. Because zero SDRs were issued from 1981–2009, the IMF wanted to rehearse the governance, computational, and legal processes for issuing SDRs.</p>\n<p>The purpose was partly to alleviate liquidity concerns at the time, but it was also to make sure the system works in case a large, new issuance was needed on short notice. The 2009 experiment showed the system worked fine.</p>\n<p>Since 2009, the IMF has proceeded in slow steps to create a platform for massive new issuances of SDRs and establish a deep liquid pool of SDR-denominated assets.</p>\n<p>On January 7, 2011, the IMF issued a master plan for replacing the dollar with SDRs.</p>\n<p>This included creating an SDR bond market, SDR dealers, and ancillary facilities such as repos, derivatives, settlement and clearance channels, and the entire apparatus of a liquid bond market.</p>\n<p>A liquid bond market is critical. U.S. Treasury bonds are among the world’s most liquid securities, which makes the dollar a legitimate reserve currency.</p>\n<p><b>The IMF study recommended that the SDR bond market replicate the infrastructure of the U.S. Treasury market, with hedging, financing, settlement and clearance mechanisms substantially similar to those used to support trading in Treasury securities today.</b></p>\n<p>In August 2016, the World Bank announced that it would issue SDR-denominated bonds to private purchasers. Industrial and Commercial Bank of China (ICBC), the largest bank in China, will be the lead underwriter on the deal.</p>\n<p>In September 2016, the IMF included the Chinese yuan in the SDR basket, giving China a seat at the monetary table.</p>\n<p><b>So, the framework has been created to expand the SDR’s scope.</b></p>\n<p>The SDR can be issued in abundance to IMF members and used in the future for a select list of the most important transactions in the world, including balance-of-payments settlements, oil pricing, and the financial accounts of the world’s largest corporations, such as Exxon Mobil, Toyota, and Royal Dutch Shell.</p>\n<p>The basic idea behind the SDR is that the<b>global monetary system centered around the dollar is inherently unstable</b>and needs to be reformed.</p>\n<p>Part of the problem is due to a process called Triffin’s Dilemma, named after economist Robert Triffin. Triffin said that the issuer of a dominant reserve currency had to run trade deficits so that the rest of the world could have enough of the currency to buy goods from the issuer and expand world trade.</p>\n<p>But, if you run deficits long enough, you would eventually go broke. This was said about the dollar in the early 1960s. The SDR would solve Triffin’s Dilemma.</p>\n<p>I wrote about SDRs and the global elite plans for them in the second chapter of my 2016 book, <i>The Road to Ruin</i>.</p>\n<p><b>Over the next several years, we will see the issuance of SDRs to transnational organizations, such as the U.N. and World Bank, for spending on climate change infrastructure and other elite pet projects outside the supervision of any democratically elected bodies.</b></p>\n<p>I call this the New Blueprint for Worldwide Inflation.</p>\n<p><b>But Triffin’s Dilemma is not the only dynamic that’s pushing the world away from the dollar.</b></p>\n<p><i>In Part 2, we show you why the weaponization of the dollar by the U.S. government is pushing the world to seek alternatives.</i></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>The \"Great Reset\" Is Here, Part 1: The New Blueprint For Worldwide Inflation</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\">\nThe \"Great Reset\" Is Here, Part 1: The New Blueprint For Worldwide Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 14:45 GMT+8 <a href=https://www.zerohedge.com/geopolitical/great-reset-here-part-1-new-blueprint-worldwide-inflation><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For years, currency analysts (myself included) have looked forsigns of an international monetary “reset” that would diminish the dollar’s role as the leading reserve currency and replace it with a ...</p>\n\n<a href=\"https://www.zerohedge.com/geopolitical/great-reset-here-part-1-new-blueprint-worldwide-inflation\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/geopolitical/great-reset-here-part-1-new-blueprint-worldwide-inflation","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118732537","content_text":"For years, currency analysts (myself included) have looked forsigns of an international monetary “reset” that would diminish the dollar’s role as the leading reserve currency and replace it with a substitute,which would be agreed upon at some Bretton Woods-style monetary conference.\nNow, it looks like the move towards the long-expected Great Reset is accelerating.\nAt the recent G7 summit in the UK, G7 leaders gave their blessings to a $100 billion allocation of IMF special drawing rights (SDRs) to help lower-income countries address the COVID-19 crisis.\nPresident Biden fully supports the idea. The White House issued the following statement:\n\nThe United States and our G7 partners are actively considering a global effort to multiply the impact of the proposed Special Drawing Rights (SDR) allocation to the countries most in need…At potentially up to $100 billion in size, the proposed effort would further support health needs – including vaccinations…\n\nA separate press release from the same day continued the same sentiment, stating, “We strongly support the effort to recycle SDRs to further support health needs.”\nIn another development, IMF Managing Director Kristalina Georgieva said last Wednesday that she expected the fund’s governors to approve a $650 billion allocation of SDRs in mid-August.\nWhat exactly are SDRs?\nBasically, they’re world money.\nIn 1969, the IMF created the SDR, possibly to serve as a source of liquidity and alternative to the dollar.\nIn 1971, the dollar did devalue relative to gold and other major currencies. SDRs were issued by the IMF from 1970 to 1981. None were issued after 1981 until 2009 during the global financial crisis.\nThe 2009 issuance was a case of the IMF “testing the plumbing” of the system to make sure it worked properly. Because zero SDRs were issued from 1981–2009, the IMF wanted to rehearse the governance, computational, and legal processes for issuing SDRs.\nThe purpose was partly to alleviate liquidity concerns at the time, but it was also to make sure the system works in case a large, new issuance was needed on short notice. The 2009 experiment showed the system worked fine.\nSince 2009, the IMF has proceeded in slow steps to create a platform for massive new issuances of SDRs and establish a deep liquid pool of SDR-denominated assets.\nOn January 7, 2011, the IMF issued a master plan for replacing the dollar with SDRs.\nThis included creating an SDR bond market, SDR dealers, and ancillary facilities such as repos, derivatives, settlement and clearance channels, and the entire apparatus of a liquid bond market.\nA liquid bond market is critical. U.S. Treasury bonds are among the world’s most liquid securities, which makes the dollar a legitimate reserve currency.\nThe IMF study recommended that the SDR bond market replicate the infrastructure of the U.S. Treasury market, with hedging, financing, settlement and clearance mechanisms substantially similar to those used to support trading in Treasury securities today.\nIn August 2016, the World Bank announced that it would issue SDR-denominated bonds to private purchasers. Industrial and Commercial Bank of China (ICBC), the largest bank in China, will be the lead underwriter on the deal.\nIn September 2016, the IMF included the Chinese yuan in the SDR basket, giving China a seat at the monetary table.\nSo, the framework has been created to expand the SDR’s scope.\nThe SDR can be issued in abundance to IMF members and used in the future for a select list of the most important transactions in the world, including balance-of-payments settlements, oil pricing, and the financial accounts of the world’s largest corporations, such as Exxon Mobil, Toyota, and Royal Dutch Shell.\nThe basic idea behind the SDR is that theglobal monetary system centered around the dollar is inherently unstableand needs to be reformed.\nPart of the problem is due to a process called Triffin’s Dilemma, named after economist Robert Triffin. Triffin said that the issuer of a dominant reserve currency had to run trade deficits so that the rest of the world could have enough of the currency to buy goods from the issuer and expand world trade.\nBut, if you run deficits long enough, you would eventually go broke. This was said about the dollar in the early 1960s. The SDR would solve Triffin’s Dilemma.\nI wrote about SDRs and the global elite plans for them in the second chapter of my 2016 book, The Road to Ruin.\nOver the next several years, we will see the issuance of SDRs to transnational organizations, such as the U.N. and World Bank, for spending on climate change infrastructure and other elite pet projects outside the supervision of any democratically elected bodies.\nI call this the New Blueprint for Worldwide Inflation.\nBut Triffin’s Dilemma is not the only dynamic that’s pushing the world away from the dollar.\nIn Part 2, we show you why the weaponization of the dollar by the U.S. government is pushing the world to seek alternatives.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126550889,"gmtCreate":1624579512341,"gmtModify":1633951088883,"author":{"id":"3586596115302871","authorId":"3586596115302871","name":"MitchellC","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586596115302871","idStr":"3586596115302871"},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126550889","repostId":"1169013136","repostType":4,"isVote":1,"tweetType":1,"viewCount":1278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126527237,"gmtCreate":1624579498529,"gmtModify":1633951089707,"author":{"id":"3586596115302871","authorId":"3586596115302871","name":"MitchellC","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586596115302871","idStr":"3586596115302871"},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126527237","repostId":"1173023249","repostType":4,"repost":{"id":"1173023249","kind":"news","pubTimestamp":1624529082,"share":"https://www.laohu8.com/m/news/1173023249?lang=&edition=full","pubTime":"2021-06-24 18:04","market":"us","language":"en","title":"Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes","url":"https://stock-news.laohu8.com/highlight/detail?id=1173023249","media":"cnbc","summary":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world","content":"<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.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>Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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\">\nCredit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 18:04 GMT+8 <a href=https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1173023249","content_text":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine rollouts, fiscal stimulus, and a broadening services recovery, the bank said.\nThe United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\n\nSwiss investment bank Credit Suisse expects global growth to accelerate in the coming months as countries gradually reopen their economies, leading to a recovery in revenue growth and rehiring.\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022. That growth will be led by vaccine rollouts, fiscal stimulus and a broadening services recovery. It also said the United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\nEconomic expansion will likely lead to a sharp recovery in global earnings growth that is set to fuel the stock market, according to Ray Farris, chief investment officer for South Asia at Credit Suisse.\n“We are looking for equities to be the asset class that is going to outperform over the next six months to a year,” Farris told CNBC’s “Squawk Box Asia” on Thursday. “As long as earnings continue to trend higher, history suggests that equities will grind their way up.”\n“There will be corrections from time to time, but those corrections would really be opportunities,” Farris said.\nEquities to outperform\nIn the equities market, Credit Suisse said it prefers exposure to cyclical sectors such as financials and materials. Cyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession.\nThe bank also prefers cyclical markets in Europe such as the United Kingdom, Germany and Spain. Farris explained on CNBC that Europe as an equity market is going to produce about the same earnings growth as the U.S. in 2021 but it is doing it at “valuations that are literally multi-decade lows on a relative basis.”\n“You are getting Europe on sale as it comes out of the pandemic, as it reopens and as growth accelerates,” Farris said, adding that the U.K. has exposure to financials and the global economy while Germany has exposure to cyclical sectors.\nIn Asia, the bank’s preferences are Korean and Thai stocks, which can potentially benefit from the worldwide chip shortage and global reflation trends. Thai stocks are likely to also gain from a rally in oil prices.\nCredit Suisse is neutral on Chinese equities, citing a slowdown in growth momentum post normalization from the pandemic and regulatory risks that are weighing on market sentiment.\nMonetary policy\nFarris pointed out in a separate media briefing that asset markets and asset prices remain supported by monetary policy in the U.S., Europe, Japan and other countries.\n“Central banks, the core central banks, are likely to continue to expand their balance sheets, injecting more liquidity into systems, all the way through to the end of the year,” he said.\nInflation pressure and inflation risks have risen in recent months, according to the bank. It expects inflation to temporarily overshoot central bank targets in major economies as services sectors reopen. Persistent price pressures would encourage the U.S. Federal Reserve towithdraw monetary accommodation— in the form of monthly asset purchases to stimulate the economy — early, Credit Suisse said.\nFarris said that he doesn’t expect the Fed to announce any decision until late third quarter and beyond, and that the actual tapering will not happen until 2022. Moreover, interest rates are likely to remain on hold until 2023.\n“So, that’s a very supportive monetary policy backdrop for risky assets,” Farris said.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1717,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126524896,"gmtCreate":1624579484715,"gmtModify":1633951090890,"author":{"id":"3586596115302871","authorId":"3586596115302871","name":"MitchellC","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586596115302871","idStr":"3586596115302871"},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126524896","repostId":"1184881454","repostType":4,"repost":{"id":"1184881454","kind":"news","pubTimestamp":1624533663,"share":"https://www.laohu8.com/m/news/1184881454?lang=&edition=full","pubTime":"2021-06-24 19:21","market":"us","language":"en","title":"Comcast Says 'Pure Speculation' It's Mulling Bids for ViacomCBS or Roku","url":"https://stock-news.laohu8.com/highlight/detail?id=1184881454","media":"The Street","summary":"ViacomCBS and Roku are both in the spotlight on a report that Comcast is pondering a bid for one of ","content":"<blockquote>\n <b>ViacomCBS and Roku are both in the spotlight on a report that Comcast is pondering a bid for one of the companies, even as Comcast calls it \"pure speculation.\"</b>\n</blockquote>\n<p>ViacomCBS (<b>VIACA</b>) -Get Report and Roku (<b>ROKU</b>) -Get Report were both in the spotlight on Thursday following a report that Comcast (<b>CMCSA</b>) -Get Report was pondering a bid for one of the companies.</p>\n<p>Comcast called the possibility \"pure speculation.\"</p>\n<p>Citing unnamed sources, The Wall Street Journal on Wednesday reported that Comcast CEO Brian Roberts has considered a transaction with ViacomCBS or an acquisition of Roku, though at the same time has made clear that Comcast doesn’t need to pursue a merger to grow its TV, movie and streaming portfolio.</p>\n<p>A Comcast spokesperson told CNBC on Wednesday that the discussions were \"pure speculation.\" Even so, the possibility of another big media merger pushed both ViacomCBS and Roku shares higher.</p>\n<p>ViacomCBS shares ended the trading day Wednesday up 2.7% to $41.84, their biggest one-day gain in almost a month. Roku shares ended the trading day Wednesday up 4.5% at $421.70. The stock was up 1.02% at $425.99 in premarket trading on Thursday.</p>\n<p>The speculation follows a flurry of recent merger activity in the media space, including Amazon’s (<b>AMZN</b>) -Get Report pending $8.45 billion acquisition of Metro-Goldwyn-Mayer and AT&T’s (<b>T</b>) -Get Report agreement to combine its WarnerMedia division with Discovery (<b>DISCA</b>) -Get Report. ViacomCBS itself was created out of a merger of Viacom and CBS completed in late 2019.</p>\n<p>Comcast owns NBCUniversal, a sprawling entertainment operation that includes TV and movies, though its Peacock streaming service is playing catch-up with Netflix (<b>NFLX</b>) -Get Report and Walt Disney (<b>DIS</b>) -Get Report, in particular Disney's Disney+ service.</p>\n<p>At the same time, Roberts is contemplating whether to continue to build out its offerings internally, particularly on the streaming side, or whether to buy something like ViacomCBS,whose stock has plunged since topping out at $101.97 on March 15.</p>\n<p>ViacomCBS and Discovery both posted double-digit percentage losses in March after margin calls against family office Archegos Capital Managementsparked forced block sales of both companies' shares.</p>\n<p>Shares of Comcast were up 1.66% at $56.40 in premarket trading. The stock ended the trading day Wednesday down 3.73% at $55.48.</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>Comcast Says 'Pure Speculation' It's Mulling Bids for ViacomCBS or Roku</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; 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}\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\">\nComcast Says 'Pure Speculation' It's Mulling Bids for ViacomCBS or Roku\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 19:21 GMT+8 <a href=https://www.thestreet.com/investing/viacomcbs-roku-comcast-takeover-reports-062421><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ViacomCBS and Roku are both in the spotlight on a report that Comcast is pondering a bid for one of the companies, even as Comcast calls it \"pure speculation.\"\n\nViacomCBS (VIACA) -Get Report and Roku ...</p>\n\n<a href=\"https://www.thestreet.com/investing/viacomcbs-roku-comcast-takeover-reports-062421\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc","CMCSA":"康卡斯特"},"source_url":"https://www.thestreet.com/investing/viacomcbs-roku-comcast-takeover-reports-062421","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184881454","content_text":"ViacomCBS and Roku are both in the spotlight on a report that Comcast is pondering a bid for one of the companies, even as Comcast calls it \"pure speculation.\"\n\nViacomCBS (VIACA) -Get Report and Roku (ROKU) -Get Report were both in the spotlight on Thursday following a report that Comcast (CMCSA) -Get Report was pondering a bid for one of the companies.\nComcast called the possibility \"pure speculation.\"\nCiting unnamed sources, The Wall Street Journal on Wednesday reported that Comcast CEO Brian Roberts has considered a transaction with ViacomCBS or an acquisition of Roku, though at the same time has made clear that Comcast doesn’t need to pursue a merger to grow its TV, movie and streaming portfolio.\nA Comcast spokesperson told CNBC on Wednesday that the discussions were \"pure speculation.\" Even so, the possibility of another big media merger pushed both ViacomCBS and Roku shares higher.\nViacomCBS shares ended the trading day Wednesday up 2.7% to $41.84, their biggest one-day gain in almost a month. Roku shares ended the trading day Wednesday up 4.5% at $421.70. The stock was up 1.02% at $425.99 in premarket trading on Thursday.\nThe speculation follows a flurry of recent merger activity in the media space, including Amazon’s (AMZN) -Get Report pending $8.45 billion acquisition of Metro-Goldwyn-Mayer and AT&T’s (T) -Get Report agreement to combine its WarnerMedia division with Discovery (DISCA) -Get Report. ViacomCBS itself was created out of a merger of Viacom and CBS completed in late 2019.\nComcast owns NBCUniversal, a sprawling entertainment operation that includes TV and movies, though its Peacock streaming service is playing catch-up with Netflix (NFLX) -Get Report and Walt Disney (DIS) -Get Report, in particular Disney's Disney+ service.\nAt the same time, Roberts is contemplating whether to continue to build out its offerings internally, particularly on the streaming side, or whether to buy something like ViacomCBS,whose stock has plunged since topping out at $101.97 on March 15.\nViacomCBS and Discovery both posted double-digit percentage losses in March after margin calls against family office Archegos Capital Managementsparked forced block sales of both companies' shares.\nShares of Comcast were up 1.66% at $56.40 in premarket trading. 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