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2021-11-11

$Oatly Group AB(OTLY)$what's going on??

2021-11-02

$Tiger Brokers(TIGR)$dk if should buy more or leave things be..

2021-10-15

$Powerbridge Technologies Co., Ltd.(PBTS)$how come drop ah?

2021-10-01

$Oatly Group AB(OTLY)$what's going on ??

2021-09-22

$MM2 ASIA LTD.(1B0.SI)$🥲

2021-07-12

Dailies

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2021-06-30

Helloo

The Lost Decade: Lessons From Japan's Real Estate Crisis<blockquote>失去的十年：日本房地产危机的教训</blockquote>

2021-06-30

Dailies

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2021-06-29

Should I wait or enter ?

Marin Software surged another 41% in premarket trading<blockquote>Marin Software在盘前交易中又飙升41%</blockquote>

2021-06-14

Daily mission

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2021-06-14

$IFAST CORPORATION LTD.(AIY.SI)$sigh mission

2021-06-14

$MM2 ASIA LTD.(1B0.SI)$ 10c soon?

2021-06-13

Testing 1 2 3

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2021-06-13

Help me dailies comment

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2021-06-13

Help like

Meme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays<blockquote>Meme股票飙升1,000%，领跑这两只顶级小盘股</blockquote>

2021-06-13

Idk what to feel about this

2021-06-07

$Clean Energy Fuels(CLNE)$its dropping..

2021-05-27

$AMC Entertainment(AMC)$dead

2021-05-27

Hopefully can even break 25 before it fizzle off. Lolol

AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021<blockquote>AMC股价一度上涨20%，使得2021年至今涨幅扩大至1000%</blockquote>

2021-05-11

Bellloo

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LTD.(1B0.SI)$🥲","images":[{"img":"https://static.tigerbbs.com/6c2a3aa8e8389c4248da1eab8c76635e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/869626912","isVote":1,"tweetType":1,"viewCount":3127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":146101495,"gmtCreate":1626056655317,"gmtModify":1631893917220,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Dailies","listText":"Dailies","text":"Dailies","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146101495","repostId":"2150704588","repostType":4,"isVote":1,"tweetType":1,"viewCount":2756,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153883713,"gmtCreate":1625017198232,"gmtModify":1631893917222,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Helloo","listText":"Helloo","text":"Helloo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153883713","repostId":"1160246970","repostType":4,"repost":{"id":"1160246970","kind":"news","pubTimestamp":1625016621,"share":"https://www.laohu8.com/m/news/1160246970?lang=zh_CN&edition=full","pubTime":"2021-06-30 09:30","market":"us","language":"en","title":"The Lost Decade: Lessons From Japan's Real Estate Crisis<blockquote>失去的十年：日本房地产危机的教训</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160246970","media":"investopedia","summary":"What Was Japan's \"Lost Decade\" Real Estate Crisis?\nFree markets economies are subject tocycles.Econo","content":"<p><b>What Was Japan's \"Lost Decade\" Real Estate Crisis?</b></p><p><blockquote><b>日本“失去的十年”房地产危机是什么？</b></blockquote></p><p> Free markets economies are subject tocycles.Economic cyclesconsist of fluctuating periods of economic expansion andcontractionas measured by a nation'sgross domestic product(GDP).</p><p><blockquote>自由市场经济受到周期的影响。经济周期由以一个国家的国内生产总值（GDP）衡量的经济扩张和收缩的波动时期组成。</blockquote></p><p> The length of economic cycles (periods of expansion vs. contraction) can vary greatly. The traditional measure of an economicrecessionis two or more consecutive quarters of falling gross domestic product. There are also economic depressions, which are extended periods of economic contraction such as theGreat Depressionof the 1930s.</p><p><blockquote>经济周期的长度（扩张期与收缩期）可能会有很大差异。经济衰退的传统衡量标准是国内生产总值连续两个或两个以上季度下降。还有经济萧条，即长期的经济收缩，例如20世纪30年代的大萧条。</blockquote></p><p> From 1991 through 2001, Japan experienced a period of economicstagnationand price deflation known as \"Japan'sLost Decade.\" While the Japanese economy outgrew this period, it did so at a much slower pace than other industrialized nations. During this period, the Japanese economy suffered from both acredit crunchand aliquidity trap.</p><p><blockquote>从1991年到2001年，日本经历了一段被称为“日本失去的十年”的经济停滞和物价通缩时期。虽然日本经济增长超过了这一时期，但其增长速度比其他工业化国家慢得多。在此期间，日本经济遭受了信贷紧缩和流动性陷阱。</blockquote></p><p> Understanding Japan's \"Lost Decade\" Real Estate CrisisJapan's Lost Decade</p><p><blockquote>了解日本“失去的十年”房地产危机日本失去的十年</blockquote></p><p> Japan's economy was the envy of the world in the 1980s—it grew at an average annual rate (as measured by GDP) of 3.89% in the 1980s, compared to 3.07% in the United States.1But Japan's economy ran into troubles in the 1990s.</p><p><blockquote>日本经济在20世纪80年代令世界羡慕——20世纪80年代的年均增长率（以GDP衡量）为3.89%，而美国为3.07%。1但日本经济在20世纪90年代陷入了困境。</blockquote></p><p> From 1991 to 2003, the Japanese economy, as measured by GDP, grew only 1.14% annually, well below that of other industrialized nations.1</p><p><blockquote>从1991年到2003年，以GDP衡量的日本经济年增长率仅为1.14%，远低于其他工业化国家。</blockquote></p><p> <b>KEY TAKEAWAYS</b></p><p><blockquote><b>关键要点</b></blockquote></p><p> <ul>  <li>Japan's \"Lost Decade\" was a period that lasted from about 1991 to 2001 that saw a great slowdown in Japan's previously bustling economy.</li>  <li>The main causes of this economic slowdown were raising interest rates that set a liquidity trap at the same time that a credit crunch was unfolding.</li>  <li>The major lessons economies can take from Japan's \"Lost Decade\" include using available public funds to restructure banks' balance sheets and that sometimes the fear of inflation can cause stagnation.</li> </ul> Japan's equity andreal estatebubbles burst starting in the fall of 1989. Equity values plunged 60% from late 1989 to August 1992,2whileland valuesdropped throughout the 1990s, falling an incredible 70% by 2001.3</p><p><blockquote><ul><li>日本“失去的十年”是从1991年左右持续到2001年的一段时间，日本以前繁荣的经济大幅放缓。</li><li>经济放缓的主要原因是加息，在信贷紧缩展开的同时，加息造成了流动性陷阱。</li><li>各经济体可以从日本“失去的十年”中吸取的主要教训包括利用可用的公共资金重组银行资产负债表，以及有时对通胀的担忧会导致经济停滞。</li></ul>日本的股票和房地产泡沫从1989年秋天开始破裂。从1989年末到1992年8月，股票价值暴跌了60%，2而土地价值在整个20世纪90年代都在下跌，到2001年更是惊人地下跌了70%。</blockquote></p><p> <b>The Bank of Japan's Interest Rate Mistakes</b></p><p><blockquote><b>日本央行的利率失误</b></blockquote></p><p> It is generally acknowledged that theBank of Japan(BoJ), Japan'scentral bank, made several mistakes that may have added to and prolonged the negative effects of the bursting of the equity and real estate bubbles.</p><p><blockquote>人们普遍认为，日本央行（BoJ）犯了几个错误，这些错误可能加剧并延长了股票和房地产泡沫破裂的负面影响。</blockquote></p><p> For example, monetary policy was stop-and-go; concerned aboutinflationand asset prices, the Bank of Japan put the brakes on themoney supplyin the late 1980s, which may have contributed to the bursting of the equity bubble. Then, as equity values fell, the BoJ continued to raise interest rates because it remained concerned with still-appreciating real estate values.4</p><p><blockquote>例如，货币政策走走停停；出于对通货膨胀和资产价格的担忧，日本央行在20世纪80年代末抑制了货币供应，这可能导致了股票泡沫的破裂。然后，随着股票价值的下跌，日本央行继续提高利率，因为它仍然担心仍在升值的房地产价值。</blockquote></p><p> Higher interest rates contributed to the end of rising land prices, but they also helped the overall economy slide into a downward spiral. In 1991, as equity and land prices fell, the Bank of Japan dramatically reversed course and began to cut interest rates.5But it was too late, aliquiditytrap had already been set, and a credit crunch was setting in.</p><p><blockquote>较高的利率有助于结束土地价格上涨，但也帮助整体经济陷入螺旋式下降。1991年，随着股票和土地价格下跌，日本银行戏剧性地改变了方针，开始降息。5但为时已晚，流动性陷阱已经设置，信贷紧缩正在发生。</blockquote></p><p> <b>A Liquidity Trap</b></p><p><blockquote><b>流动性陷阱</b></blockquote></p><p> A liquidity trap is an economic scenario in which households and investors sit on cash; either in short-term accounts or literally as cash on hand.</p><p><blockquote>流动性陷阱是指家庭和投资者坐拥现金的经济情景；要么是短期账户，要么是手头现金。</blockquote></p><p> They might do this for a few reasons: they have no confidence that they can earn a higherrate of returnby investing, they believedeflationis on the horizon (cash will increase in value relative to fixed assets), or deflation already exists. All three reasons are highly correlated, and under such circumstances, household and investor beliefs become reality.</p><p><blockquote>他们这样做可能有几个原因：他们没有信心通过投资获得更高的回报率，他们相信通货紧缩即将到来（现金相对于固定资产的价值会增加），或者通货紧缩已经存在。这三个原因都是高度相关的，在这种情况下，家庭和投资者的信念成为现实。</blockquote></p><p> In a liquidity trap, low interest rates, as a matter ofmonetary policy, become ineffective. People and investors simply don't spend or invest. They believe goods and services will be cheaper tomorrow, so they wait to consume, and they believe they can earn a better return by simply sitting on their money than by investing it. The Bank of Japan'sdiscount ratewas 0.5% for much of the 1990s, but it failed to stimulate the Japanese economy, and deflation persisted.6</p><p><blockquote>在流动性陷阱中，低利率作为货币政策变得无效。人们和投资者根本不消费或投资。他们相信明天商品和服务会更便宜，所以他们等待消费，他们相信简单地坐拥资金比投资更能获得更好的回报。在20世纪90年代的大部分时间里，日本央行的贴现率为0.5%，但这未能刺激日本经济，通货紧缩持续存在。</blockquote></p><p> <b>Breaking Out of a Liquidity Trap</b></p><p><blockquote><b>打破流动性陷阱</b></blockquote></p><p> To break out of a liquidity trap, households and businesses have to be willing to spend and invest. One way of getting them to do so is throughfiscal policy. Governments can give money directly to consumers through reductions intax rates, issuances of tax rebates, and public spending.</p><p><blockquote>为了摆脱流动性陷阱，家庭和企业必须愿意支出和投资。让他们这样做的一种方法是通过财政政策。政府可以通过降低税率、发放退税和公共支出直接向消费者提供资金。</blockquote></p><p></p><p> Japan tried several fiscal policy measures to break out of its liquidity trap, but it is generally believed that these measures were not executed well—money was wasted on inefficient public works projects and given to failing businesses. Most economists agree that for fiscal stimulus policy to be effective, money must be allocated efficiently. In other words, let the market decide where to spend and invest by placing money directly in the hands of consumers. (For related reading, check out<i>What Is Fiscal Policy?</i>)</p><p><blockquote>日本尝试了几项财政政策措施以突破其流动性陷阱，但人们普遍认为这些措施执行得并不好——钱被浪费在效率低下的公共工程项目上，并被给予了失败的企业。大多数经济学家都认为，为了使财政刺激政策有效，必须有效地分配资金。换句话说，通过将钱直接放在消费者手中，让市场决定在哪里消费和投资。（相关阅读，请查看<i>什么是财政政策？</i>)</blockquote></p><p> Another way to break out of the liquidity trap is to \"re-inflate\" the economy by increasing the actual supply of money as opposed to targetingnominal interest rates. A central bank can inject money into an economy without regard for an established target interest rate (such as thefed funds ratein the U.S.) through the purchase ofgovernment bondsinopen-market operations.</p><p><blockquote>打破流动性陷阱的另一种方法是通过增加实际货币供应量来“重新膨胀”经济，而不是以名义利率为目标。央行可以通过在公开市场操作中购买政府债券，向经济注入资金，而无需考虑既定的目标利率（例如美国的联邦基金利率）。</blockquote></p><p> This is when a central bank purchases a bond, in which case it effectively exchanges it for cash, which increases the money supply. This is known as themonetizationof debt. (It should be noted that open-market operations are also used to attain and maintain target interest rates, but when a central bank monetizes the debt, it does so without regard for a target interest rate.) (To learn more, read<i>How do central banks inject money into the economy?</i>)</p><p><blockquote>这是指中央银行购买债券，在这种情况下，它实际上将其兑换成现金，从而增加货币供应量。这就是所谓的债务货币化。（应该注意的是，公开市场操作也用于实现和维持目标利率，但当央行将债务货币化时，它是在不考虑目标利率的情况下这样做的。）（要了解更多信息，请阅读<i>央行如何向经济注入资金？</i>)</blockquote></p><p> In 2001, the Bank of Japan began to target the money supply instead of interest rates, which helped to moderate deflation and stimulateeconomic growth.5 However, when a central bank injects money into thefinancial system, banks are left with more money on hand, but also must be willing to lend that money out. This brings us to the next problem Japan faced: a credit crunch.</p><p><blockquote>2001年，日本央行开始以货币供应量而不是利率为目标，这有助于缓解通货紧缩并刺激经济增长。5然而，当央行向金融体系注入资金时，银行手头会有更多的资金，但也必须愿意将这些钱借出去。这给我们带来了日本面临的下一个问题：信贷紧缩。</blockquote></p><p> <b>Credit Crunch</b></p><p><blockquote><b>信贷紧缩</b></blockquote></p><p> A credit crunch is an economic scenario in which banks have tightened lending requirements and for the most part, do not lend.</p><p><blockquote>信贷紧缩是一种经济情况，在这种情况下，银行收紧了贷款要求，并且在大多数情况下不放贷。</blockquote></p><p> They may not lend for several reasons, including: 1) the need to hold onto reserves in order repair theirbalance sheetsafter suffering loses, which happened to Japanese banks that had invested heavily in real estate, and 2) there might be a generalpullbackin risk-taking, which happened in the United States in 2007 and 2008 asfinancial institutionsthat initially suffered losses related tosubprime mortgagelending pulled back in all types of lending, deleveraged their balance sheets, and generally sought to reduce their levels of risk in all areas.</p><p><blockquote>他们可能出于几个原因不放贷，包括：1）在遭受损失后需要持有准备金以修复资产负债表，这发生在大量投资房地产的日本银行身上；2）风险承担可能会普遍回落，2007年和2008年美国就发生了这种情况，最初遭受次级抵押贷款相关损失的金融机构减少了所有类型的贷款，去杠杆化了资产负债表，并普遍寻求降低所有领域的风险水平。</blockquote></p><p> Calculated risk-taking and lending is the life-blood of afree marketeconomy. When capital is put to work, jobs are created, spending increases, efficiencies are discovered (productivity increases), and the economy grows. On the other hand, when banks are reluctant to lend, it is difficult for the economy to grow.</p><p><blockquote>有计划的风险承担和借贷是自由市场经济的命脉。当资本投入工作时，就业机会被创造出来，支出增加，效率被发现（生产率提高），经济增长。另一方面，当银行惜贷时，经济就难以增长。</blockquote></p><p> In the same manner that a liquidity trap leads to deflation, a credit crunch is also conducive to deflation as banks are unwilling to lend, and therefore consumers and businesses are unable to spend, causing prices to fall.</p><p><blockquote>正如流动性陷阱导致通货紧缩一样，信贷紧缩也有利于通货紧缩，因为银行不愿意放贷，因此消费者和企业无法消费，导致价格下跌。</blockquote></p><p> <b>Solutions to a Credit Crunch</b></p><p><blockquote><b>信贷紧缩的解决方案</b></blockquote></p><p> Japan also suffered from a credit crunch in the 1990s and Japanese banks were slow to take losses. Even though public funds were made available to banks to restructure their balance sheets, they failed to do so because of the fear of stigma associated with revealing long-concealed losses and the fear of losing control to foreign investors.7 To break out of a credit crunch, bank losses must be recognized, the banking system must be transparent, and banks must gain confidence in their ability to assess and manage risk.</p><p><blockquote>日本在20世纪90年代也遭受了信贷紧缩，日本银行承担损失的速度很慢。尽管向银行提供了公共资金来重组其资产负债表，但它们未能这样做，因为担心披露长期隐瞒的损失会带来耻辱，担心失去对外国投资者的控制权。7为了摆脱信贷紧缩，必须承认银行损失，银行系统必须透明，银行必须对其评估和管理风险的能力充满信心。</blockquote></p><p> Clearly, deflation causes a lot of problems. When asset prices are falling, households and investors hoard cash because cash will be worth more tomorrow than it is today. This creates a liquidity trap. When asset prices fall, the value ofcollateralbacking loans falls, which in turn leads to bank losses. When banks suffer losses, they stop lending, creating a credit crunch.</p><p><blockquote>显然，通货紧缩会导致很多问题。当资产价格下跌时，家庭和投资者会囤积现金，因为现金明天会比今天更值钱。这就造成了流动性陷阱。当资产价格下跌时，抵押品支持贷款的价值就会下降，进而导致银行损失。当银行遭受损失时，它们会停止放贷，从而造成信贷紧缩。</blockquote></p><p> Most of the time, we think ofinflationas a very bad economic problem, which it can be, but re-inflating an economy might be precisely what is needed to avoid prolonged periods of slow growth such as what Japan experienced in the 1990s.</p><p><blockquote>大多数时候，我们认为通货膨胀是一个非常严重的经济问题，事实也确实如此，但经济重新通胀可能正是避免日本在20世纪90年代经历的长期缓慢增长所需要的。</blockquote></p><p> The problem is that re-inflating an economy isn't easy, especially when banks are unwilling to lend. Notable American economistMilton Friedmansuggested that the way to avoid a liquidity trap is by bypassingfinancial intermediariesand giving money directly to individuals to spend. This is known as \"helicopter money,\" because the theory is that a central bank could literally drop money from a helicopter.8 This also suggests that regardless of which country you live in, life is all about being in the right place at the right time.</p><p><blockquote>问题是让经济重新膨胀并不容易，尤其是在银行不愿意放贷的情况下。美国著名经济学家米尔顿·弗里德曼提出，避免流动性陷阱的方法是绕过金融中介，直接将钱交给个人消费。这被称为“直升机撒钱”，因为该理论认为中央银行可以从直升机上投放资金。8这也表明，无论你生活在哪个国家，生活就是在正确的时间出现在正确的地点。</blockquote></p><p></p>","source":"lsy1606203311635","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 Lost Decade: Lessons From Japan's Real Estate Crisis<blockquote>失去的十年：日本房地产危机的教训</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Lost Decade: Lessons From Japan's Real Estate Crisis<blockquote>失去的十年：日本房地产危机的教训</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">investopedia</strong><span class=\"h-time small\">2021-06-30 09:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>What Was Japan's \"Lost Decade\" Real Estate Crisis?</b></p><p><blockquote><b>日本“失去的十年”房地产危机是什么？</b></blockquote></p><p> Free markets economies are subject tocycles.Economic cyclesconsist of fluctuating periods of economic expansion andcontractionas measured by a nation'sgross domestic product(GDP).</p><p><blockquote>自由市场经济受到周期的影响。经济周期由以一个国家的国内生产总值（GDP）衡量的经济扩张和收缩的波动时期组成。</blockquote></p><p> The length of economic cycles (periods of expansion vs. contraction) can vary greatly. The traditional measure of an economicrecessionis two or more consecutive quarters of falling gross domestic product. There are also economic depressions, which are extended periods of economic contraction such as theGreat Depressionof the 1930s.</p><p><blockquote>经济周期的长度（扩张期与收缩期）可能会有很大差异。经济衰退的传统衡量标准是国内生产总值连续两个或两个以上季度下降。还有经济萧条，即长期的经济收缩，例如20世纪30年代的大萧条。</blockquote></p><p> From 1991 through 2001, Japan experienced a period of economicstagnationand price deflation known as \"Japan'sLost Decade.\" While the Japanese economy outgrew this period, it did so at a much slower pace than other industrialized nations. During this period, the Japanese economy suffered from both acredit crunchand aliquidity trap.</p><p><blockquote>从1991年到2001年，日本经历了一段被称为“日本失去的十年”的经济停滞和物价通缩时期。虽然日本经济增长超过了这一时期，但其增长速度比其他工业化国家慢得多。在此期间，日本经济遭受了信贷紧缩和流动性陷阱。</blockquote></p><p> Understanding Japan's \"Lost Decade\" Real Estate CrisisJapan's Lost Decade</p><p><blockquote>了解日本“失去的十年”房地产危机日本失去的十年</blockquote></p><p> Japan's economy was the envy of the world in the 1980s—it grew at an average annual rate (as measured by GDP) of 3.89% in the 1980s, compared to 3.07% in the United States.1But Japan's economy ran into troubles in the 1990s.</p><p><blockquote>日本经济在20世纪80年代令世界羡慕——20世纪80年代的年均增长率（以GDP衡量）为3.89%，而美国为3.07%。1但日本经济在20世纪90年代陷入了困境。</blockquote></p><p> From 1991 to 2003, the Japanese economy, as measured by GDP, grew only 1.14% annually, well below that of other industrialized nations.1</p><p><blockquote>从1991年到2003年，以GDP衡量的日本经济年增长率仅为1.14%，远低于其他工业化国家。</blockquote></p><p> <b>KEY TAKEAWAYS</b></p><p><blockquote><b>关键要点</b></blockquote></p><p> <ul>  <li>Japan's \"Lost Decade\" was a period that lasted from about 1991 to 2001 that saw a great slowdown in Japan's previously bustling economy.</li>  <li>The main causes of this economic slowdown were raising interest rates that set a liquidity trap at the same time that a credit crunch was unfolding.</li>  <li>The major lessons economies can take from Japan's \"Lost Decade\" include using available public funds to restructure banks' balance sheets and that sometimes the fear of inflation can cause stagnation.</li> </ul> Japan's equity andreal estatebubbles burst starting in the fall of 1989. Equity values plunged 60% from late 1989 to August 1992,2whileland valuesdropped throughout the 1990s, falling an incredible 70% by 2001.3</p><p><blockquote><ul><li>日本“失去的十年”是从1991年左右持续到2001年的一段时间，日本以前繁荣的经济大幅放缓。</li><li>经济放缓的主要原因是加息，在信贷紧缩展开的同时，加息造成了流动性陷阱。</li><li>各经济体可以从日本“失去的十年”中吸取的主要教训包括利用可用的公共资金重组银行资产负债表，以及有时对通胀的担忧会导致经济停滞。</li></ul>日本的股票和房地产泡沫从1989年秋天开始破裂。从1989年末到1992年8月，股票价值暴跌了60%，2而土地价值在整个20世纪90年代都在下跌，到2001年更是惊人地下跌了70%。</blockquote></p><p> <b>The Bank of Japan's Interest Rate Mistakes</b></p><p><blockquote><b>日本央行的利率失误</b></blockquote></p><p> It is generally acknowledged that theBank of Japan(BoJ), Japan'scentral bank, made several mistakes that may have added to and prolonged the negative effects of the bursting of the equity and real estate bubbles.</p><p><blockquote>人们普遍认为，日本央行（BoJ）犯了几个错误，这些错误可能加剧并延长了股票和房地产泡沫破裂的负面影响。</blockquote></p><p> For example, monetary policy was stop-and-go; concerned aboutinflationand asset prices, the Bank of Japan put the brakes on themoney supplyin the late 1980s, which may have contributed to the bursting of the equity bubble. Then, as equity values fell, the BoJ continued to raise interest rates because it remained concerned with still-appreciating real estate values.4</p><p><blockquote>例如，货币政策走走停停；出于对通货膨胀和资产价格的担忧，日本央行在20世纪80年代末抑制了货币供应，这可能导致了股票泡沫的破裂。然后，随着股票价值的下跌，日本央行继续提高利率，因为它仍然担心仍在升值的房地产价值。</blockquote></p><p> Higher interest rates contributed to the end of rising land prices, but they also helped the overall economy slide into a downward spiral. In 1991, as equity and land prices fell, the Bank of Japan dramatically reversed course and began to cut interest rates.5But it was too late, aliquiditytrap had already been set, and a credit crunch was setting in.</p><p><blockquote>较高的利率有助于结束土地价格上涨，但也帮助整体经济陷入螺旋式下降。1991年，随着股票和土地价格下跌，日本银行戏剧性地改变了方针，开始降息。5但为时已晚，流动性陷阱已经设置，信贷紧缩正在发生。</blockquote></p><p> <b>A Liquidity Trap</b></p><p><blockquote><b>流动性陷阱</b></blockquote></p><p> A liquidity trap is an economic scenario in which households and investors sit on cash; either in short-term accounts or literally as cash on hand.</p><p><blockquote>流动性陷阱是指家庭和投资者坐拥现金的经济情景；要么是短期账户，要么是手头现金。</blockquote></p><p> They might do this for a few reasons: they have no confidence that they can earn a higherrate of returnby investing, they believedeflationis on the horizon (cash will increase in value relative to fixed assets), or deflation already exists. All three reasons are highly correlated, and under such circumstances, household and investor beliefs become reality.</p><p><blockquote>他们这样做可能有几个原因：他们没有信心通过投资获得更高的回报率，他们相信通货紧缩即将到来（现金相对于固定资产的价值会增加），或者通货紧缩已经存在。这三个原因都是高度相关的，在这种情况下，家庭和投资者的信念成为现实。</blockquote></p><p> In a liquidity trap, low interest rates, as a matter ofmonetary policy, become ineffective. People and investors simply don't spend or invest. They believe goods and services will be cheaper tomorrow, so they wait to consume, and they believe they can earn a better return by simply sitting on their money than by investing it. The Bank of Japan'sdiscount ratewas 0.5% for much of the 1990s, but it failed to stimulate the Japanese economy, and deflation persisted.6</p><p><blockquote>在流动性陷阱中，低利率作为货币政策变得无效。人们和投资者根本不消费或投资。他们相信明天商品和服务会更便宜，所以他们等待消费，他们相信简单地坐拥资金比投资更能获得更好的回报。在20世纪90年代的大部分时间里，日本央行的贴现率为0.5%，但这未能刺激日本经济，通货紧缩持续存在。</blockquote></p><p> <b>Breaking Out of a Liquidity Trap</b></p><p><blockquote><b>打破流动性陷阱</b></blockquote></p><p> To break out of a liquidity trap, households and businesses have to be willing to spend and invest. One way of getting them to do so is throughfiscal policy. Governments can give money directly to consumers through reductions intax rates, issuances of tax rebates, and public spending.</p><p><blockquote>为了摆脱流动性陷阱，家庭和企业必须愿意支出和投资。让他们这样做的一种方法是通过财政政策。政府可以通过降低税率、发放退税和公共支出直接向消费者提供资金。</blockquote></p><p></p><p> Japan tried several fiscal policy measures to break out of its liquidity trap, but it is generally believed that these measures were not executed well—money was wasted on inefficient public works projects and given to failing businesses. Most economists agree that for fiscal stimulus policy to be effective, money must be allocated efficiently. In other words, let the market decide where to spend and invest by placing money directly in the hands of consumers. (For related reading, check out<i>What Is Fiscal Policy?</i>)</p><p><blockquote>日本尝试了几项财政政策措施以突破其流动性陷阱，但人们普遍认为这些措施执行得并不好——钱被浪费在效率低下的公共工程项目上，并被给予了失败的企业。大多数经济学家都认为，为了使财政刺激政策有效，必须有效地分配资金。换句话说，通过将钱直接放在消费者手中，让市场决定在哪里消费和投资。（相关阅读，请查看<i>什么是财政政策？</i>)</blockquote></p><p> Another way to break out of the liquidity trap is to \"re-inflate\" the economy by increasing the actual supply of money as opposed to targetingnominal interest rates. A central bank can inject money into an economy without regard for an established target interest rate (such as thefed funds ratein the U.S.) through the purchase ofgovernment bondsinopen-market operations.</p><p><blockquote>打破流动性陷阱的另一种方法是通过增加实际货币供应量来“重新膨胀”经济，而不是以名义利率为目标。央行可以通过在公开市场操作中购买政府债券，向经济注入资金，而无需考虑既定的目标利率（例如美国的联邦基金利率）。</blockquote></p><p> This is when a central bank purchases a bond, in which case it effectively exchanges it for cash, which increases the money supply. This is known as themonetizationof debt. (It should be noted that open-market operations are also used to attain and maintain target interest rates, but when a central bank monetizes the debt, it does so without regard for a target interest rate.) (To learn more, read<i>How do central banks inject money into the economy?</i>)</p><p><blockquote>这是指中央银行购买债券，在这种情况下，它实际上将其兑换成现金，从而增加货币供应量。这就是所谓的债务货币化。（应该注意的是，公开市场操作也用于实现和维持目标利率，但当央行将债务货币化时，它是在不考虑目标利率的情况下这样做的。）（要了解更多信息，请阅读<i>央行如何向经济注入资金？</i>)</blockquote></p><p> In 2001, the Bank of Japan began to target the money supply instead of interest rates, which helped to moderate deflation and stimulateeconomic growth.5 However, when a central bank injects money into thefinancial system, banks are left with more money on hand, but also must be willing to lend that money out. This brings us to the next problem Japan faced: a credit crunch.</p><p><blockquote>2001年，日本央行开始以货币供应量而不是利率为目标，这有助于缓解通货紧缩并刺激经济增长。5然而，当央行向金融体系注入资金时，银行手头会有更多的资金，但也必须愿意将这些钱借出去。这给我们带来了日本面临的下一个问题：信贷紧缩。</blockquote></p><p> <b>Credit Crunch</b></p><p><blockquote><b>信贷紧缩</b></blockquote></p><p> A credit crunch is an economic scenario in which banks have tightened lending requirements and for the most part, do not lend.</p><p><blockquote>信贷紧缩是一种经济情况，在这种情况下，银行收紧了贷款要求，并且在大多数情况下不放贷。</blockquote></p><p> They may not lend for several reasons, including: 1) the need to hold onto reserves in order repair theirbalance sheetsafter suffering loses, which happened to Japanese banks that had invested heavily in real estate, and 2) there might be a generalpullbackin risk-taking, which happened in the United States in 2007 and 2008 asfinancial institutionsthat initially suffered losses related tosubprime mortgagelending pulled back in all types of lending, deleveraged their balance sheets, and generally sought to reduce their levels of risk in all areas.</p><p><blockquote>他们可能出于几个原因不放贷，包括：1）在遭受损失后需要持有准备金以修复资产负债表，这发生在大量投资房地产的日本银行身上；2）风险承担可能会普遍回落，2007年和2008年美国就发生了这种情况，最初遭受次级抵押贷款相关损失的金融机构减少了所有类型的贷款，去杠杆化了资产负债表，并普遍寻求降低所有领域的风险水平。</blockquote></p><p> Calculated risk-taking and lending is the life-blood of afree marketeconomy. When capital is put to work, jobs are created, spending increases, efficiencies are discovered (productivity increases), and the economy grows. On the other hand, when banks are reluctant to lend, it is difficult for the economy to grow.</p><p><blockquote>有计划的风险承担和借贷是自由市场经济的命脉。当资本投入工作时，就业机会被创造出来，支出增加，效率被发现（生产率提高），经济增长。另一方面，当银行惜贷时，经济就难以增长。</blockquote></p><p> In the same manner that a liquidity trap leads to deflation, a credit crunch is also conducive to deflation as banks are unwilling to lend, and therefore consumers and businesses are unable to spend, causing prices to fall.</p><p><blockquote>正如流动性陷阱导致通货紧缩一样，信贷紧缩也有利于通货紧缩，因为银行不愿意放贷，因此消费者和企业无法消费，导致价格下跌。</blockquote></p><p> <b>Solutions to a Credit Crunch</b></p><p><blockquote><b>信贷紧缩的解决方案</b></blockquote></p><p> Japan also suffered from a credit crunch in the 1990s and Japanese banks were slow to take losses. Even though public funds were made available to banks to restructure their balance sheets, they failed to do so because of the fear of stigma associated with revealing long-concealed losses and the fear of losing control to foreign investors.7 To break out of a credit crunch, bank losses must be recognized, the banking system must be transparent, and banks must gain confidence in their ability to assess and manage risk.</p><p><blockquote>日本在20世纪90年代也遭受了信贷紧缩，日本银行承担损失的速度很慢。尽管向银行提供了公共资金来重组其资产负债表，但它们未能这样做，因为担心披露长期隐瞒的损失会带来耻辱，担心失去对外国投资者的控制权。7为了摆脱信贷紧缩，必须承认银行损失，银行系统必须透明，银行必须对其评估和管理风险的能力充满信心。</blockquote></p><p> Clearly, deflation causes a lot of problems. When asset prices are falling, households and investors hoard cash because cash will be worth more tomorrow than it is today. This creates a liquidity trap. When asset prices fall, the value ofcollateralbacking loans falls, which in turn leads to bank losses. When banks suffer losses, they stop lending, creating a credit crunch.</p><p><blockquote>显然，通货紧缩会导致很多问题。当资产价格下跌时，家庭和投资者会囤积现金，因为现金明天会比今天更值钱。这就造成了流动性陷阱。当资产价格下跌时，抵押品支持贷款的价值就会下降，进而导致银行损失。当银行遭受损失时，它们会停止放贷，从而造成信贷紧缩。</blockquote></p><p> Most of the time, we think ofinflationas a very bad economic problem, which it can be, but re-inflating an economy might be precisely what is needed to avoid prolonged periods of slow growth such as what Japan experienced in the 1990s.</p><p><blockquote>大多数时候，我们认为通货膨胀是一个非常严重的经济问题，事实也确实如此，但经济重新通胀可能正是避免日本在20世纪90年代经历的长期缓慢增长所需要的。</blockquote></p><p> The problem is that re-inflating an economy isn't easy, especially when banks are unwilling to lend. Notable American economistMilton Friedmansuggested that the way to avoid a liquidity trap is by bypassingfinancial intermediariesand giving money directly to individuals to spend. This is known as \"helicopter money,\" because the theory is that a central bank could literally drop money from a helicopter.8 This also suggests that regardless of which country you live in, life is all about being in the right place at the right time.</p><p><blockquote>问题是让经济重新膨胀并不容易，尤其是在银行不愿意放贷的情况下。美国著名经济学家米尔顿·弗里德曼提出，避免流动性陷阱的方法是绕过金融中介，直接将钱交给个人消费。这被称为“直升机撒钱”，因为该理论认为中央银行可以从直升机上投放资金。8这也表明，无论你生活在哪个国家，生活就是在正确的时间出现在正确的地点。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.investopedia.com/articles/economics/08/japan-1990s-credit-crunch-liquidity-trap.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral\">investopedia</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.investopedia.com/articles/economics/08/japan-1990s-credit-crunch-liquidity-trap.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160246970","content_text":"What Was Japan's \"Lost Decade\" Real Estate Crisis?\nFree markets economies are subject tocycles.Economic cyclesconsist of fluctuating periods of economic expansion andcontractionas measured by a nation'sgross domestic product(GDP).\nThe length of economic cycles (periods of expansion vs. contraction) can vary greatly. The traditional measure of an economicrecessionis two or more consecutive quarters of falling gross domestic product. There are also economic depressions, which are extended periods of economic contraction such as theGreat Depressionof the 1930s.\nFrom 1991 through 2001, Japan experienced a period of economicstagnationand price deflation known as \"Japan'sLost Decade.\" While the Japanese economy outgrew this period, it did so at a much slower pace than other industrialized nations. During this period, the Japanese economy suffered from both acredit crunchand aliquidity trap.\nUnderstanding Japan's \"Lost Decade\" Real Estate CrisisJapan's Lost Decade\nJapan's economy was the envy of the world in the 1980s—it grew at an average annual rate (as measured by GDP) of 3.89% in the 1980s, compared to 3.07% in the United States.1But Japan's economy ran into troubles in the 1990s.\nFrom 1991 to 2003, the Japanese economy, as measured by GDP, grew only 1.14% annually, well below that of other industrialized nations.1\nKEY TAKEAWAYS\n\nJapan's \"Lost Decade\" was a period that lasted from about 1991 to 2001 that saw a great slowdown in Japan's previously bustling economy.\nThe main causes of this economic slowdown were raising interest rates that set a liquidity trap at the same time that a credit crunch was unfolding.\nThe major lessons economies can take from Japan's \"Lost Decade\" include using available public funds to restructure banks' balance sheets and that sometimes the fear of inflation can cause stagnation.\n\nJapan's equity andreal estatebubbles burst starting in the fall of 1989. Equity values plunged 60% from late 1989 to August 1992,2whileland valuesdropped throughout the 1990s, falling an incredible 70% by 2001.3\nThe Bank of Japan's Interest Rate Mistakes\nIt is generally acknowledged that theBank of Japan(BoJ), Japan'scentral bank, made several mistakes that may have added to and prolonged the negative effects of the bursting of the equity and real estate bubbles.\nFor example, monetary policy was stop-and-go; concerned aboutinflationand asset prices, the Bank of Japan put the brakes on themoney supplyin the late 1980s, which may have contributed to the bursting of the equity bubble. Then, as equity values fell, the BoJ continued to raise interest rates because it remained concerned with still-appreciating real estate values.4\nHigher interest rates contributed to the end of rising land prices, but they also helped the overall economy slide into a downward spiral. In 1991, as equity and land prices fell, the Bank of Japan dramatically reversed course and began to cut interest rates.5But it was too late, aliquiditytrap had already been set, and a credit crunch was setting in.\nA Liquidity Trap\nA liquidity trap is an economic scenario in which households and investors sit on cash; either in short-term accounts or literally as cash on hand.\nThey might do this for a few reasons: they have no confidence that they can earn a higherrate of returnby investing, they believedeflationis on the horizon (cash will increase in value relative to fixed assets), or deflation already exists. All three reasons are highly correlated, and under such circumstances, household and investor beliefs become reality.\nIn a liquidity trap, low interest rates, as a matter ofmonetary policy, become ineffective. People and investors simply don't spend or invest. They believe goods and services will be cheaper tomorrow, so they wait to consume, and they believe they can earn a better return by simply sitting on their money than by investing it. The Bank of Japan'sdiscount ratewas 0.5% for much of the 1990s, but it failed to stimulate the Japanese economy, and deflation persisted.6\nBreaking Out of a Liquidity Trap\nTo break out of a liquidity trap, households and businesses have to be willing to spend and invest. One way of getting them to do so is throughfiscal policy. Governments can give money directly to consumers through reductions intax rates, issuances of tax rebates, and public spending.\nJapan tried several fiscal policy measures to break out of its liquidity trap, but it is generally believed that these measures were not executed well—money was wasted on inefficient public works projects and given to failing businesses. Most economists agree that for fiscal stimulus policy to be effective, money must be allocated efficiently. In other words, let the market decide where to spend and invest by placing money directly in the hands of consumers. (For related reading, check outWhat Is Fiscal Policy?)\nAnother way to break out of the liquidity trap is to \"re-inflate\" the economy by increasing the actual supply of money as opposed to targetingnominal interest rates. A central bank can inject money into an economy without regard for an established target interest rate (such as thefed funds ratein the U.S.) through the purchase ofgovernment bondsinopen-market operations.\nThis is when a central bank purchases a bond, in which case it effectively exchanges it for cash, which increases the money supply. This is known as themonetizationof debt. (It should be noted that open-market operations are also used to attain and maintain target interest rates, but when a central bank monetizes the debt, it does so without regard for a target interest rate.) (To learn more, readHow do central banks inject money into the economy?)\nIn 2001, the Bank of Japan began to target the money supply instead of interest rates, which helped to moderate deflation and stimulateeconomic growth.5 However, when a central bank injects money into thefinancial system, banks are left with more money on hand, but also must be willing to lend that money out. This brings us to the next problem Japan faced: a credit crunch.\nCredit Crunch\nA credit crunch is an economic scenario in which banks have tightened lending requirements and for the most part, do not lend.\nThey may not lend for several reasons, including: 1) the need to hold onto reserves in order repair theirbalance sheetsafter suffering loses, which happened to Japanese banks that had invested heavily in real estate, and 2) there might be a generalpullbackin risk-taking, which happened in the United States in 2007 and 2008 asfinancial institutionsthat initially suffered losses related tosubprime mortgagelending pulled back in all types of lending, deleveraged their balance sheets, and generally sought to reduce their levels of risk in all areas.\nCalculated risk-taking and lending is the life-blood of afree marketeconomy. When capital is put to work, jobs are created, spending increases, efficiencies are discovered (productivity increases), and the economy grows. On the other hand, when banks are reluctant to lend, it is difficult for the economy to grow.\nIn the same manner that a liquidity trap leads to deflation, a credit crunch is also conducive to deflation as banks are unwilling to lend, and therefore consumers and businesses are unable to spend, causing prices to fall.\nSolutions to a Credit Crunch\nJapan also suffered from a credit crunch in the 1990s and Japanese banks were slow to take losses. Even though public funds were made available to banks to restructure their balance sheets, they failed to do so because of the fear of stigma associated with revealing long-concealed losses and the fear of losing control to foreign investors.7 To break out of a credit crunch, bank losses must be recognized, the banking system must be transparent, and banks must gain confidence in their ability to assess and manage risk.\nClearly, deflation causes a lot of problems. When asset prices are falling, households and investors hoard cash because cash will be worth more tomorrow than it is today. This creates a liquidity trap. When asset prices fall, the value ofcollateralbacking loans falls, which in turn leads to bank losses. When banks suffer losses, they stop lending, creating a credit crunch.\nMost of the time, we think ofinflationas a very bad economic problem, which it can be, but re-inflating an economy might be precisely what is needed to avoid prolonged periods of slow growth such as what Japan experienced in the 1990s.\nThe problem is that re-inflating an economy isn't easy, especially when banks are unwilling to lend. Notable American economistMilton Friedmansuggested that the way to avoid a liquidity trap is by bypassingfinancial intermediariesand giving money directly to individuals to spend. This is known as \"helicopter money,\" because the theory is that a central bank could literally drop money from a helicopter.8 This also suggests that regardless of which country you live in, life is all about being in the right place at the right time.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153889216,"gmtCreate":1625017153635,"gmtModify":1631893917224,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Dailies","listText":"Dailies","text":"Dailies","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153889216","repostId":"1122418477","repostType":4,"isVote":1,"tweetType":1,"viewCount":2871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159880847,"gmtCreate":1624955449789,"gmtModify":1631893917226,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Should I wait or enter ?","listText":"Should I wait or enter ?","text":"Should I wait or enter ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159880847","repostId":"1159190160","repostType":4,"repost":{"id":"1159190160","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624953947,"share":"https://www.laohu8.com/m/news/1159190160?lang=zh_CN&edition=full","pubTime":"2021-06-29 16:05","market":"us","language":"en","title":"Marin Software surged another 41% in premarket trading<blockquote>Marin Software在盘前交易中又飙升41%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1159190160","media":"Tiger Newspress","summary":"Marin Software surged another 41% in premarket trading.\n\nLast week, Marin shares shot up after it sa","content":"<p>Marin Software surged another 41% in premarket trading.</p><p><blockquote>Marin Software在盘前交易中又飙升了41%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7b80f30aba6d274244ed4f664e997a50\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Last week, Marin shares shot up after it said it had added the ability to manage Instacart advertisements to its flagship MarinOne platform.</p><p><blockquote>上周，Marin表示已在其旗舰MarinOne平台上添加了管理Instacart广告的功能，该公司股价飙升。</blockquote></p><p> For the first quarter, Marin revenues totaled $6.3 million, a year-over-year increase of 27%, while earnings per share stood at minus 0.22.</p><p><blockquote>第一季度，Marin营收总计630万美元，同比增长27%，而每股收益为-0.22。</blockquote></p><p> On a year-to-date basis, MRIN shares have shot up 271.3%. Early Tuesday, Marin topped the list of 10 trending streams as arranged by Stocktwits.</p><p><blockquote>今年迄今，MRIN股价已飙升271.3%。周二早些时候，马林在Stocktwits排列的10个趋势流中名列前茅。</blockquote></p><p> On Monday, Marin shares skyrocketed 96.85% to $7.5 in the regular session and rose another 25.33% in the after-hours session to $9.40.</p><p><blockquote>周一，Marin股价在常规交易中飙升96.85%至7.5美元，在盘后交易中又上涨25.33%至9.40美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Marin Software surged another 41% in premarket trading<blockquote>Marin Software在盘前交易中又飙升41%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarin Software surged another 41% in premarket trading<blockquote>Marin Software在盘前交易中又飙升41%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-06-29 16:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Marin Software surged another 41% in premarket trading.</p><p><blockquote>Marin Software在盘前交易中又飙升了41%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7b80f30aba6d274244ed4f664e997a50\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Last week, Marin shares shot up after it said it had added the ability to manage Instacart advertisements to its flagship MarinOne platform.</p><p><blockquote>上周，Marin表示已在其旗舰MarinOne平台上添加了管理Instacart广告的功能，该公司股价飙升。</blockquote></p><p> For the first quarter, Marin revenues totaled $6.3 million, a year-over-year increase of 27%, while earnings per share stood at minus 0.22.</p><p><blockquote>第一季度，Marin营收总计630万美元，同比增长27%，而每股收益为-0.22。</blockquote></p><p> On a year-to-date basis, MRIN shares have shot up 271.3%. Early Tuesday, Marin topped the list of 10 trending streams as arranged by Stocktwits.</p><p><blockquote>今年迄今，MRIN股价已飙升271.3%。周二早些时候，马林在Stocktwits排列的10个趋势流中名列前茅。</blockquote></p><p> On Monday, Marin shares skyrocketed 96.85% to $7.5 in the regular session and rose another 25.33% in the after-hours session to $9.40.</p><p><blockquote>周一，Marin股价在常规交易中飙升96.85%至7.5美元，在盘后交易中又上涨25.33%至9.40美元。</blockquote></p><p></p>\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":"1159190160","content_text":"Marin Software surged another 41% in premarket trading.\n\nLast week, Marin shares shot up after it said it had added the ability to manage Instacart advertisements to its flagship MarinOne platform.\nFor the first quarter, Marin revenues totaled $6.3 million, a year-over-year increase of 27%, while earnings per share stood at minus 0.22.\nOn a year-to-date basis, MRIN shares have shot up 271.3%. Early Tuesday, Marin topped the list of 10 trending streams as arranged by Stocktwits.\nOn Monday, Marin shares skyrocketed 96.85% to $7.5 in the regular session and rose another 25.33% in the after-hours session to $9.40.","news_type":1,"symbols_score_info":{"MRIN":0.9}},"isVote":1,"tweetType":1,"viewCount":983,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185927769,"gmtCreate":1623631192451,"gmtModify":1631893917229,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Daily mission&nbsp;","listText":"Daily mission&nbsp;","text":"Daily mission","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185927769","repostId":"1146430910","repostType":4,"isVote":1,"tweetType":1,"viewCount":1814,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185925578,"gmtCreate":1623631137594,"gmtModify":1631883667315,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AIY.SI\">$IFAST CORPORATION LTD.(AIY.SI)$</a>sigh mission","listText":"<a href=\"https://laohu8.com/S/AIY.SI\">$IFAST CORPORATION LTD.(AIY.SI)$</a>sigh mission","text":"$IFAST CORPORATION LTD.(AIY.SI)$sigh mission","images":[{"img":"https://static.tigerbbs.com/851a30b1bf1d1c1ff209e98d8a5ce892","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/185925578","isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":185922018,"gmtCreate":1623631078134,"gmtModify":1631888875749,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/1B0.SI\">$MM2 ASIA LTD.(1B0.SI)$</a>&nbsp;10c soon?","listText":"<a href=\"https://laohu8.com/S/1B0.SI\">$MM2 ASIA LTD.(1B0.SI)$</a>&nbsp;10c soon?","text":"$MM2 ASIA LTD.(1B0.SI)$ 10c soon?","images":[{"img":"https://static.tigerbbs.com/9f402b1179758cede45244b4fedad198","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185922018","isVote":1,"tweetType":1,"viewCount":609,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":182699341,"gmtCreate":1623566375383,"gmtModify":1631893917230,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Testing 1 2 3","listText":"Testing 1 2 3","text":"Testing 1 2 3","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/182699341","repostId":"2142112788","repostType":4,"isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182609754,"gmtCreate":1623565838778,"gmtModify":1631893917233,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Help me dailies comment&nbsp;","listText":"Help me dailies comment&nbsp;","text":"Help me dailies comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/182609754","repostId":"2142204074","repostType":4,"isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182877107,"gmtCreate":1623565682309,"gmtModify":1631893917239,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Help like","listText":"Help like","text":"Help like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/182877107","repostId":"1185020128","repostType":4,"repost":{"id":"1185020128","kind":"news","pubTimestamp":1623537503,"share":"https://www.laohu8.com/m/news/1185020128?lang=zh_CN&edition=full","pubTime":"2021-06-13 06:38","market":"us","language":"en","title":"Meme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays<blockquote>Meme股票飙升1,000%，领跑这两只顶级小盘股</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1185020128","media":"investors","summary":"GameStop may be the top holding in SPDR S&P 600 Small Cap Value, but that's not the only reason the ","content":"<p>GameStop may be the top holding in SPDR S&amp;P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.</p><p><blockquote>游戏驿站可能是SPDR S&amp;P 600小型股价值中最大的持股，但这并不是该ETF击败成长型股票的唯一原因。</blockquote></p><p> The $4.2 billion value fund tracks the S&amp;P SmallCap 600 Value Index (SLYV), composed of stocks with the strongest value traits based on book value to price ratio, earnings to price ratio, and sales to price ratio. SLYV rallied 32% this year through Thursday's close.</p><p><blockquote>这只价值42亿美元的价值基金追踪S&amp;P SmallCap 600价值指数(SLYV)，该指数由根据账面价值与价格比率、市盈率和销售价格比率具有最强价值特征的股票组成。截至周四收盘，SLYV今年上涨了32%。</blockquote></p><p> That more than doubles the return of its growth stock counterpart, SPDR S&amp;P 600 Small Cap Growth (SLYG), which is up 15%. The index SLYG tracks includes stocks with the strongest growth traits based on sales growth, earnings change to price and momentum.</p><p><blockquote>这是成长型股票SPDR S&amp;P 600 Small Cap Growth(SLYG)回报率的两倍多，后者上涨了15%。SLYG跟踪的指数包括基于销售增长、盈利价格变化和动量的增长特征最强的股票。</blockquote></p><p> Back to SLYV, financials accounted for the biggest sector weight at 24% of assets. Industrials weighed in at about 17%, consumer discretionary 15% and real estate 10%. Information technology was next at 8% and materials, energy and health care, 6% each.&nbsp;Smaller positions in consumer staples, utilities and communication services made up the rest.</p><p><blockquote>回到SLYV，金融业占资产比重最大，占资产的24%。工业股约占17%，非必需消费品股15%，房地产股10%。其次是信息技术，占8%，材料、能源和医疗保健，各占6%。消费品、公用事业和通信服务的较小头寸占其余部分。</blockquote></p><p> SPDR S&amp;P 600 Small Cap Value is in IBD's ETF Leaders, but SPDR S&amp;P 600 Small Cap Growth is not.</p><p><blockquote>SPDR S&amp;P 600 Small Cap Value位居IBD ETF领先者之列，但SPDR S&amp;P 600 Small Cap Growth则不然。</blockquote></p><p> <b>GameStop Stock Leads</b></p><p><blockquote><b>游戏驿站股票领先</b></blockquote></p><p> <b>GameStop</b>(GME),<b>Macy's</b>(M),<b>PDC Energy</b>(PDCE),<b>Resideo Technologies</b>(REZI) and<b>BankUnited</b>(BKU) were the top five holdings as of Wednesday.</p><p><blockquote><b>游戏驿站</b>（GME），<b>梅西百货</b>(M)，<b>PDC能源</b>（PDCE），<b>Resideo技术</b>（雷齐）和<b>联合银行</b>(BKU)是截至周三的前五大持股。</blockquote></p><p> <b>Pacific Premier Bancorp</b>(PPBI),<b>Bed Bath &amp; Beyond</b>(BBBY),<b>Ameris Bancorp</b>(ABCB),<b>First Hawaiian</b>(FHB) and<b>Insight Enterprises</b>(NSIT) rounded out the top 10.</p><p><blockquote><b>太平洋卓越银行</b>（PPBI），<b>贝德柏士比昂公司</b>（BBBY），<b>美国银行</b>（ABCB），<b>第一夏威夷人</b>（FHB）和<b>洞察企业</b>(NSIT)跻身前十名。</blockquote></p><p> GameStop has undergone wide swings this year. It rocketed about 2,500% early this year amid theshort-squeeze rallyfueled by the Reddit/WallStreetBets crowd.GME stockthen crashed 92% from a Jan. 28 high to its mid-February low. That was followed by an 805% surge the next three weeks, and a 66% drop over the next two weeks.</p><p><blockquote>游戏驿站今年经历了大幅波动。今年早些时候，在Reddit/WallStreetBets人群推动的空头挤压反弹中，该股飙升了约2,500%。GME股票随后从1月28日的高点暴跌92%至2月中旬的低点。随后在接下来的三周内飙升805%，在接下来的两周内下跌66%。</blockquote></p><p> Action had been relatively subdued since, until Thursday's 27% dive. Even after that, GameStop stock was up 1,070% year to date through Thursday's close.</p><p><blockquote>此后，股价一直相对低迷，直到周四暴跌27%。即便如此，截至周四收盘，游戏驿站股价今年迄今仍上涨了1,070%。</blockquote></p><p> Could GME be inflating SLYV's performance? Certainly, given its quadruple-digit gain. But a look at SLYG's portfolio is interesting. GameStop stock is also the top holding in the growth stock ETF, though the rest of the top 10 differ vastly.</p><p><blockquote>GME会夸大SLYV的业绩吗？当然，考虑到其四位数的增益。但看看SLYG的投资组合很有趣。游戏驿站股票也是成长型股票ETF中持股最多的股票，尽管前10名中的其他股票差异很大。</blockquote></p><p> <b>Second Meme Stock In Top 10</b></p><p><blockquote><b>前十名中的第二只模因股票</b></blockquote></p><p> PDC Energy, up 130%, saw the next biggest gain in the top 10. The Colorado-based oil and gas explorer has a 97Relative Strength Rating, which mean it's in the top 3% of all stocks. Its relative strength line is at a 52-week high, a bullish sign.</p><p><blockquote>PDC Energy上涨130%，在前十名中涨幅第二大。这家总部位于科罗拉多州的石油和天然气勘探公司的相对强度评级为97，这意味着它在所有股票中排名前3%。其相对强弱线处于52周高点，这是一个看涨信号。</blockquote></p><p> Bed Bath &amp; Beyond, another meme stock, is up 78% this year. Shares surged more than 200% in January, amid a spate of wild double-digit swings. BBBY stock then gave back the bulk of its gains.</p><p><blockquote>另一只模因股票Bed Bath&amp;Beyond今年上涨了78%。在一系列两位数的剧烈波动中，股价在1月份飙升了200%以上。BBBY股票随后回吐了大部分涨幅。</blockquote></p><p> But the home goods retailer appears to be back on the radar of the WallStreetBets discussion group. On June 2, Bed Bath &amp; Beyond soared 62% before diving 28% the next session.</p><p><blockquote>但这家家居用品零售商似乎又重新受到了WallStreetBets讨论组的关注。6月2日，Bed Bath&amp;Beyond股价飙升62%，随后第二个交易日暴跌28%。</blockquote></p><p> The rest of the top 10 stocks have also outperformed the broader market. Macy's is up 68% year to date, while Resideo, Pacific Premier and Ameris have risen more than 40% each. The lowest gainer, bank holding company First Hawaiian, has advanced 20%. The S&amp;P 500 held a 13% gain through Thursday's close.</p><p><blockquote>其余前10只股票的表现也优于大盘。梅西百货今年迄今上涨了68%，而Resideo、Pacific Premier和Ameris的涨幅均超过40%。涨幅最低的银行控股公司First Hawaiian上涨了20%。截至周四收盘，标普500上涨了13%。</blockquote></p><p> SLYV remains in potential buy range from an 87.29entryof acup with handle, according toMarketSmithchart analysis.&nbsp;SLYV and SLYG charge a 0.15% expense ratio.</p><p><blockquote>根据MarketSmithChart分析，SLYV仍处于带手柄acup的87.29入场点的潜在买入范围内。SLYV和SLYG收取0.15%的费用率。</blockquote></p><p></p>","source":"lsy1610449120050","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>Meme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays<blockquote>Meme股票飙升1,000%，领跑这两只顶级小盘股</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays<blockquote>Meme股票飙升1,000%，领跑这两只顶级小盘股</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">investors</strong><span class=\"h-time small\">2021-06-13 06:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>GameStop may be the top holding in SPDR S&amp;P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.</p><p><blockquote>游戏驿站可能是SPDR S&amp;P 600小型股价值中最大的持股，但这并不是该ETF击败成长型股票的唯一原因。</blockquote></p><p> The $4.2 billion value fund tracks the S&amp;P SmallCap 600 Value Index (SLYV), composed of stocks with the strongest value traits based on book value to price ratio, earnings to price ratio, and sales to price ratio. SLYV rallied 32% this year through Thursday's close.</p><p><blockquote>这只价值42亿美元的价值基金追踪S&amp;P SmallCap 600价值指数(SLYV)，该指数由根据账面价值与价格比率、市盈率和销售价格比率具有最强价值特征的股票组成。截至周四收盘，SLYV今年上涨了32%。</blockquote></p><p> That more than doubles the return of its growth stock counterpart, SPDR S&amp;P 600 Small Cap Growth (SLYG), which is up 15%. The index SLYG tracks includes stocks with the strongest growth traits based on sales growth, earnings change to price and momentum.</p><p><blockquote>这是成长型股票SPDR S&amp;P 600 Small Cap Growth(SLYG)回报率的两倍多，后者上涨了15%。SLYG跟踪的指数包括基于销售增长、盈利价格变化和动量的增长特征最强的股票。</blockquote></p><p> Back to SLYV, financials accounted for the biggest sector weight at 24% of assets. Industrials weighed in at about 17%, consumer discretionary 15% and real estate 10%. Information technology was next at 8% and materials, energy and health care, 6% each.&nbsp;Smaller positions in consumer staples, utilities and communication services made up the rest.</p><p><blockquote>回到SLYV，金融业占资产比重最大，占资产的24%。工业股约占17%，非必需消费品股15%，房地产股10%。其次是信息技术，占8%，材料、能源和医疗保健，各占6%。消费品、公用事业和通信服务的较小头寸占其余部分。</blockquote></p><p> SPDR S&amp;P 600 Small Cap Value is in IBD's ETF Leaders, but SPDR S&amp;P 600 Small Cap Growth is not.</p><p><blockquote>SPDR S&amp;P 600 Small Cap Value位居IBD ETF领先者之列，但SPDR S&amp;P 600 Small Cap Growth则不然。</blockquote></p><p> <b>GameStop Stock Leads</b></p><p><blockquote><b>游戏驿站股票领先</b></blockquote></p><p> <b>GameStop</b>(GME),<b>Macy's</b>(M),<b>PDC Energy</b>(PDCE),<b>Resideo Technologies</b>(REZI) and<b>BankUnited</b>(BKU) were the top five holdings as of Wednesday.</p><p><blockquote><b>游戏驿站</b>（GME），<b>梅西百货</b>(M)，<b>PDC能源</b>（PDCE），<b>Resideo技术</b>（雷齐）和<b>联合银行</b>(BKU)是截至周三的前五大持股。</blockquote></p><p> <b>Pacific Premier Bancorp</b>(PPBI),<b>Bed Bath &amp; Beyond</b>(BBBY),<b>Ameris Bancorp</b>(ABCB),<b>First Hawaiian</b>(FHB) and<b>Insight Enterprises</b>(NSIT) rounded out the top 10.</p><p><blockquote><b>太平洋卓越银行</b>（PPBI），<b>贝德柏士比昂公司</b>（BBBY），<b>美国银行</b>（ABCB），<b>第一夏威夷人</b>（FHB）和<b>洞察企业</b>(NSIT)跻身前十名。</blockquote></p><p> GameStop has undergone wide swings this year. It rocketed about 2,500% early this year amid theshort-squeeze rallyfueled by the Reddit/WallStreetBets crowd.GME stockthen crashed 92% from a Jan. 28 high to its mid-February low. That was followed by an 805% surge the next three weeks, and a 66% drop over the next two weeks.</p><p><blockquote>游戏驿站今年经历了大幅波动。今年早些时候，在Reddit/WallStreetBets人群推动的空头挤压反弹中，该股飙升了约2,500%。GME股票随后从1月28日的高点暴跌92%至2月中旬的低点。随后在接下来的三周内飙升805%，在接下来的两周内下跌66%。</blockquote></p><p> Action had been relatively subdued since, until Thursday's 27% dive. Even after that, GameStop stock was up 1,070% year to date through Thursday's close.</p><p><blockquote>此后，股价一直相对低迷，直到周四暴跌27%。即便如此，截至周四收盘，游戏驿站股价今年迄今仍上涨了1,070%。</blockquote></p><p> Could GME be inflating SLYV's performance? Certainly, given its quadruple-digit gain. But a look at SLYG's portfolio is interesting. GameStop stock is also the top holding in the growth stock ETF, though the rest of the top 10 differ vastly.</p><p><blockquote>GME会夸大SLYV的业绩吗？当然，考虑到其四位数的增益。但看看SLYG的投资组合很有趣。游戏驿站股票也是成长型股票ETF中持股最多的股票，尽管前10名中的其他股票差异很大。</blockquote></p><p> <b>Second Meme Stock In Top 10</b></p><p><blockquote><b>前十名中的第二只模因股票</b></blockquote></p><p> PDC Energy, up 130%, saw the next biggest gain in the top 10. The Colorado-based oil and gas explorer has a 97Relative Strength Rating, which mean it's in the top 3% of all stocks. Its relative strength line is at a 52-week high, a bullish sign.</p><p><blockquote>PDC Energy上涨130%，在前十名中涨幅第二大。这家总部位于科罗拉多州的石油和天然气勘探公司的相对强度评级为97，这意味着它在所有股票中排名前3%。其相对强弱线处于52周高点，这是一个看涨信号。</blockquote></p><p> Bed Bath &amp; Beyond, another meme stock, is up 78% this year. Shares surged more than 200% in January, amid a spate of wild double-digit swings. BBBY stock then gave back the bulk of its gains.</p><p><blockquote>另一只模因股票Bed Bath&amp;Beyond今年上涨了78%。在一系列两位数的剧烈波动中，股价在1月份飙升了200%以上。BBBY股票随后回吐了大部分涨幅。</blockquote></p><p> But the home goods retailer appears to be back on the radar of the WallStreetBets discussion group. On June 2, Bed Bath &amp; Beyond soared 62% before diving 28% the next session.</p><p><blockquote>但这家家居用品零售商似乎又重新受到了WallStreetBets讨论组的关注。6月2日，Bed Bath&amp;Beyond股价飙升62%，随后第二个交易日暴跌28%。</blockquote></p><p> The rest of the top 10 stocks have also outperformed the broader market. Macy's is up 68% year to date, while Resideo, Pacific Premier and Ameris have risen more than 40% each. The lowest gainer, bank holding company First Hawaiian, has advanced 20%. The S&amp;P 500 held a 13% gain through Thursday's close.</p><p><blockquote>其余前10只股票的表现也优于大盘。梅西百货今年迄今上涨了68%，而Resideo、Pacific Premier和Ameris的涨幅均超过40%。涨幅最低的银行控股公司First Hawaiian上涨了20%。截至周四收盘，标普500上涨了13%。</blockquote></p><p> SLYV remains in potential buy range from an 87.29entryof acup with handle, according toMarketSmithchart analysis.&nbsp;SLYV and SLYG charge a 0.15% expense ratio.</p><p><blockquote>根据MarketSmithChart分析，SLYV仍处于带手柄acup的87.29入场点的潜在买入范围内。SLYV和SLYG收取0.15%的费用率。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.investors.com/etfs-and-funds/etf-leaders/gamestop-stock-soars-1000-percent-lead-two-top-small-cap-stock-plays/?src=A00220\">investors</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"Bed Bath & Beyond, Inc.","PDCE":"PDC Energy"},"source_url":"https://www.investors.com/etfs-and-funds/etf-leaders/gamestop-stock-soars-1000-percent-lead-two-top-small-cap-stock-plays/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185020128","content_text":"GameStop may be the top holding in SPDR S&P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.\nThe $4.2 billion value fund tracks the S&P SmallCap 600 Value Index (SLYV), composed of stocks with the strongest value traits based on book value to price ratio, earnings to price ratio, and sales to price ratio. SLYV rallied 32% this year through Thursday's close.\nThat more than doubles the return of its growth stock counterpart, SPDR S&P 600 Small Cap Growth (SLYG), which is up 15%. The index SLYG tracks includes stocks with the strongest growth traits based on sales growth, earnings change to price and momentum.\nBack to SLYV, financials accounted for the biggest sector weight at 24% of assets. Industrials weighed in at about 17%, consumer discretionary 15% and real estate 10%. Information technology was next at 8% and materials, energy and health care, 6% each. Smaller positions in consumer staples, utilities and communication services made up the rest.\nSPDR S&P 600 Small Cap Value is in IBD's ETF Leaders, but SPDR S&P 600 Small Cap Growth is not.\nGameStop Stock Leads\nGameStop(GME),Macy's(M),PDC Energy(PDCE),Resideo Technologies(REZI) andBankUnited(BKU) were the top five holdings as of Wednesday.\nPacific Premier Bancorp(PPBI),Bed Bath & Beyond(BBBY),Ameris Bancorp(ABCB),First Hawaiian(FHB) andInsight Enterprises(NSIT) rounded out the top 10.\nGameStop has undergone wide swings this year. It rocketed about 2,500% early this year amid theshort-squeeze rallyfueled by the Reddit/WallStreetBets crowd.GME stockthen crashed 92% from a Jan. 28 high to its mid-February low. That was followed by an 805% surge the next three weeks, and a 66% drop over the next two weeks.\nAction had been relatively subdued since, until Thursday's 27% dive. Even after that, GameStop stock was up 1,070% year to date through Thursday's close.\nCould GME be inflating SLYV's performance? Certainly, given its quadruple-digit gain. But a look at SLYG's portfolio is interesting. GameStop stock is also the top holding in the growth stock ETF, though the rest of the top 10 differ vastly.\nSecond Meme Stock In Top 10\nPDC Energy, up 130%, saw the next biggest gain in the top 10. The Colorado-based oil and gas explorer has a 97Relative Strength Rating, which mean it's in the top 3% of all stocks. Its relative strength line is at a 52-week high, a bullish sign.\nBed Bath & Beyond, another meme stock, is up 78% this year. Shares surged more than 200% in January, amid a spate of wild double-digit swings. BBBY stock then gave back the bulk of its gains.\nBut the home goods retailer appears to be back on the radar of the WallStreetBets discussion group. On June 2, Bed Bath & Beyond soared 62% before diving 28% the next session.\nThe rest of the top 10 stocks have also outperformed the broader market. Macy's is up 68% year to date, while Resideo, Pacific Premier and Ameris have risen more than 40% each. The lowest gainer, bank holding company First Hawaiian, has advanced 20%. The S&P 500 held a 13% gain through Thursday's close.\nSLYV remains in potential buy range from an 87.29entryof acup with handle, according toMarketSmithchart analysis. SLYV and SLYG charge a 0.15% expense ratio.","news_type":1,"symbols_score_info":{"BBBY":0.9,"PDCE":0.9}},"isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182874328,"gmtCreate":1623565645564,"gmtModify":1631893917238,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Idk what to feel about this","listText":"Idk what to feel about this","text":"Idk what to feel about this","images":[{"img":"https://static.tigerbbs.com/1ca20d0c4537e0ac5cf6ba6d9123a211","width":"1080","height":"2737"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182874328","isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":114623584,"gmtCreate":1623073205648,"gmtModify":1631886383569,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLNE\">$Clean Energy Fuels(CLNE)$</a>its dropping..","listText":"<a href=\"https://laohu8.com/S/CLNE\">$Clean Energy Fuels(CLNE)$</a>its dropping..","text":"$Clean Energy Fuels(CLNE)$its dropping..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114623584","isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135317848,"gmtCreate":1622130952984,"gmtModify":1631893917242,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>dead","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>dead","text":"$AMC Entertainment(AMC)$dead","images":[{"img":"https://static.tigerbbs.com/71d7bea34b388bed83f7e3d1c39702a9","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/135317848","isVote":1,"tweetType":1,"viewCount":856,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":135313391,"gmtCreate":1622130470713,"gmtModify":1634183558673,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Hopefully can even break 25 before it fizzle off. Lolol","listText":"Hopefully can even break 25 before it fizzle off. Lolol","text":"Hopefully can even break 25 before it fizzle off. Lolol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/135313391","repostId":"1145940037","repostType":2,"repost":{"id":"1145940037","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622128786,"share":"https://www.laohu8.com/m/news/1145940037?lang=zh_CN&edition=full","pubTime":"2021-05-27 23:19","market":"us","language":"en","title":"AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021<blockquote>AMC股价一度上涨20%，使得2021年至今涨幅扩大至1000%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1145940037","media":"Tiger Newspress","summary":"Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.Meme stocks s","content":"<p>Today&nbsp;AMC&nbsp;shares&nbsp;once&nbsp;rose&nbsp;20%，making the growth rate expanded to 1000%&nbsp;so far in 2021.</p><p><blockquote>如今AMC股价一度上涨20%，使得2021年至今涨幅扩大至1000%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/3b8e58d91fa49e69cdf6288d5b6c520a\" tg-width=\"813\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Meme&nbsp;stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.</p><p><blockquote>今年早些时候，游戏驿站和AMC Entertainment等模因股票在Reddit的r/WallStreetBets论坛上成为散户投资者关注的焦点，随着Reddit交易员试图推高股价，它们又迎来了一波上涨。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021<blockquote>AMC股价一度上涨20%，使得2021年至今涨幅扩大至1000%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021<blockquote>AMC股价一度上涨20%，使得2021年至今涨幅扩大至1000%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-05-27 23:19</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Today&nbsp;AMC&nbsp;shares&nbsp;once&nbsp;rose&nbsp;20%，making the growth rate expanded to 1000%&nbsp;so far in 2021.</p><p><blockquote>如今AMC股价一度上涨20%，使得2021年至今涨幅扩大至1000%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/3b8e58d91fa49e69cdf6288d5b6c520a\" tg-width=\"813\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Meme&nbsp;stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.</p><p><blockquote>今年早些时候，游戏驿站和AMC Entertainment等模因股票在Reddit的r/WallStreetBets论坛上成为散户投资者关注的焦点，随着Reddit交易员试图推高股价，它们又迎来了一波上涨。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145940037","content_text":"Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.Meme stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199471492,"gmtCreate":1620731047116,"gmtModify":1634196784453,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Bellloo","listText":"Bellloo","text":"Bellloo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/199471492","repostId":"2134655294","repostType":4,"isVote":1,"tweetType":1,"viewCount":864,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":182609754,"gmtCreate":1623565838778,"gmtModify":1631893917233,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Help me dailies comment&nbsp;","listText":"Help me dailies comment&nbsp;","text":"Help me dailies comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/182609754","repostId":"2142204074","repostType":4,"isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135317848,"gmtCreate":1622130952984,"gmtModify":1631893917242,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>dead","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>dead","text":"$AMC Entertainment(AMC)$dead","images":[{"img":"https://static.tigerbbs.com/71d7bea34b388bed83f7e3d1c39702a9","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/135317848","isVote":1,"tweetType":1,"viewCount":856,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":146101495,"gmtCreate":1626056655317,"gmtModify":1631893917220,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Dailies","listText":"Dailies","text":"Dailies","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146101495","repostId":"2150704588","repostType":4,"isVote":1,"tweetType":1,"viewCount":2756,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102559596,"gmtCreate":1620225531215,"gmtModify":1634206836753,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Help like ty","listText":"Help like ty","text":"Help like ty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/102559596","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","kind":"news","pubTimestamp":1620224535,"share":"https://www.laohu8.com/m/news/1148686352?lang=zh_CN&edition=full","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天：1893年的恐慌导致股市崩盘</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<p><div> What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time. Where The Market Was:The Dow finished the day at 30.02. What Else Was Going On In The World?In...</p><p><blockquote><div>怎么回事？1893年的这一天，美股遭遇了当时历史上最严重的盘中跌幅。市场位置：道琼斯指数当天收于30.02点。世界上还发生了什么？在……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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>This Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天：1893年的恐慌导致股市崩盘</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天：1893年的恐慌导致股市崩盘</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">benzinga</strong><span class=\"h-time small\">2021-05-05 22:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time. Where The Market Was:The Dow finished the day at 30.02. What Else Was Going On In The World?In...</p><p><blockquote><div>怎么回事？1893年的这一天，美股遭遇了当时历史上最严重的盘中跌幅。市场位置：道琼斯指数当天收于30.02点。世界上还发生了什么？在……</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">benzinga</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108018636,"gmtCreate":1619959797425,"gmtModify":1634208873180,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Help help","listText":"Help help","text":"Help 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be..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/841908719","isVote":1,"tweetType":1,"viewCount":2643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":153889216,"gmtCreate":1625017153635,"gmtModify":1631893917224,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Dailies","listText":"Dailies","text":"Dailies","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153889216","repostId":"1122418477","repostType":4,"isVote":1,"tweetType":1,"viewCount":2871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159880847,"gmtCreate":1624955449789,"gmtModify":1631893917226,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Should I wait or enter ?","listText":"Should I wait or enter ?","text":"Should I wait or enter ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159880847","repostId":"1159190160","repostType":4,"isVote":1,"tweetType":1,"viewCount":983,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185925578,"gmtCreate":1623631137594,"gmtModify":1631883667315,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AIY.SI\">$IFAST CORPORATION LTD.(AIY.SI)$</a>sigh mission","listText":"<a href=\"https://laohu8.com/S/AIY.SI\">$IFAST CORPORATION LTD.(AIY.SI)$</a>sigh mission","text":"$IFAST CORPORATION LTD.(AIY.SI)$sigh mission","images":[{"img":"https://static.tigerbbs.com/851a30b1bf1d1c1ff209e98d8a5ce892","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/185925578","isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":182877107,"gmtCreate":1623565682309,"gmtModify":1631893917239,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Help like","listText":"Help like","text":"Help like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/182877107","repostId":"1185020128","repostType":4,"repost":{"id":"1185020128","kind":"news","pubTimestamp":1623537503,"share":"https://www.laohu8.com/m/news/1185020128?lang=zh_CN&edition=full","pubTime":"2021-06-13 06:38","market":"us","language":"en","title":"Meme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays<blockquote>Meme股票飙升1,000%，领跑这两只顶级小盘股</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1185020128","media":"investors","summary":"GameStop may be the top holding in SPDR S&P 600 Small Cap Value, but that's not the only reason the ","content":"<p>GameStop may be the top holding in SPDR S&amp;P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.</p><p><blockquote>游戏驿站可能是SPDR S&amp;P 600小型股价值中最大的持股，但这并不是该ETF击败成长型股票的唯一原因。</blockquote></p><p> The $4.2 billion value fund tracks the S&amp;P SmallCap 600 Value Index (SLYV), composed of stocks with the strongest value traits based on book value to price ratio, earnings to price ratio, and sales to price ratio. SLYV rallied 32% this year through Thursday's close.</p><p><blockquote>这只价值42亿美元的价值基金追踪S&amp;P SmallCap 600价值指数(SLYV)，该指数由根据账面价值与价格比率、市盈率和销售价格比率具有最强价值特征的股票组成。截至周四收盘，SLYV今年上涨了32%。</blockquote></p><p> That more than doubles the return of its growth stock counterpart, SPDR S&amp;P 600 Small Cap Growth (SLYG), which is up 15%. The index SLYG tracks includes stocks with the strongest growth traits based on sales growth, earnings change to price and momentum.</p><p><blockquote>这是成长型股票SPDR S&amp;P 600 Small Cap Growth(SLYG)回报率的两倍多，后者上涨了15%。SLYG跟踪的指数包括基于销售增长、盈利价格变化和动量的增长特征最强的股票。</blockquote></p><p> Back to SLYV, financials accounted for the biggest sector weight at 24% of assets. Industrials weighed in at about 17%, consumer discretionary 15% and real estate 10%. Information technology was next at 8% and materials, energy and health care, 6% each.&nbsp;Smaller positions in consumer staples, utilities and communication services made up the rest.</p><p><blockquote>回到SLYV，金融业占资产比重最大，占资产的24%。工业股约占17%，非必需消费品股15%，房地产股10%。其次是信息技术，占8%，材料、能源和医疗保健，各占6%。消费品、公用事业和通信服务的较小头寸占其余部分。</blockquote></p><p> SPDR S&amp;P 600 Small Cap Value is in IBD's ETF Leaders, but SPDR S&amp;P 600 Small Cap Growth is not.</p><p><blockquote>SPDR S&amp;P 600 Small Cap Value位居IBD ETF领先者之列，但SPDR S&amp;P 600 Small Cap Growth则不然。</blockquote></p><p> <b>GameStop Stock Leads</b></p><p><blockquote><b>游戏驿站股票领先</b></blockquote></p><p> <b>GameStop</b>(GME),<b>Macy's</b>(M),<b>PDC Energy</b>(PDCE),<b>Resideo Technologies</b>(REZI) and<b>BankUnited</b>(BKU) were the top five holdings as of Wednesday.</p><p><blockquote><b>游戏驿站</b>（GME），<b>梅西百货</b>(M)，<b>PDC能源</b>（PDCE），<b>Resideo技术</b>（雷齐）和<b>联合银行</b>(BKU)是截至周三的前五大持股。</blockquote></p><p> <b>Pacific Premier Bancorp</b>(PPBI),<b>Bed Bath &amp; Beyond</b>(BBBY),<b>Ameris Bancorp</b>(ABCB),<b>First Hawaiian</b>(FHB) and<b>Insight Enterprises</b>(NSIT) rounded out the top 10.</p><p><blockquote><b>太平洋卓越银行</b>（PPBI），<b>贝德柏士比昂公司</b>（BBBY），<b>美国银行</b>（ABCB），<b>第一夏威夷人</b>（FHB）和<b>洞察企业</b>(NSIT)跻身前十名。</blockquote></p><p> GameStop has undergone wide swings this year. It rocketed about 2,500% early this year amid theshort-squeeze rallyfueled by the Reddit/WallStreetBets crowd.GME stockthen crashed 92% from a Jan. 28 high to its mid-February low. That was followed by an 805% surge the next three weeks, and a 66% drop over the next two weeks.</p><p><blockquote>游戏驿站今年经历了大幅波动。今年早些时候，在Reddit/WallStreetBets人群推动的空头挤压反弹中，该股飙升了约2,500%。GME股票随后从1月28日的高点暴跌92%至2月中旬的低点。随后在接下来的三周内飙升805%，在接下来的两周内下跌66%。</blockquote></p><p> Action had been relatively subdued since, until Thursday's 27% dive. Even after that, GameStop stock was up 1,070% year to date through Thursday's close.</p><p><blockquote>此后，股价一直相对低迷，直到周四暴跌27%。即便如此，截至周四收盘，游戏驿站股价今年迄今仍上涨了1,070%。</blockquote></p><p> Could GME be inflating SLYV's performance? Certainly, given its quadruple-digit gain. But a look at SLYG's portfolio is interesting. GameStop stock is also the top holding in the growth stock ETF, though the rest of the top 10 differ vastly.</p><p><blockquote>GME会夸大SLYV的业绩吗？当然，考虑到其四位数的增益。但看看SLYG的投资组合很有趣。游戏驿站股票也是成长型股票ETF中持股最多的股票，尽管前10名中的其他股票差异很大。</blockquote></p><p> <b>Second Meme Stock In Top 10</b></p><p><blockquote><b>前十名中的第二只模因股票</b></blockquote></p><p> PDC Energy, up 130%, saw the next biggest gain in the top 10. The Colorado-based oil and gas explorer has a 97Relative Strength Rating, which mean it's in the top 3% of all stocks. Its relative strength line is at a 52-week high, a bullish sign.</p><p><blockquote>PDC Energy上涨130%，在前十名中涨幅第二大。这家总部位于科罗拉多州的石油和天然气勘探公司的相对强度评级为97，这意味着它在所有股票中排名前3%。其相对强弱线处于52周高点，这是一个看涨信号。</blockquote></p><p> Bed Bath &amp; Beyond, another meme stock, is up 78% this year. Shares surged more than 200% in January, amid a spate of wild double-digit swings. BBBY stock then gave back the bulk of its gains.</p><p><blockquote>另一只模因股票Bed Bath&amp;Beyond今年上涨了78%。在一系列两位数的剧烈波动中，股价在1月份飙升了200%以上。BBBY股票随后回吐了大部分涨幅。</blockquote></p><p> But the home goods retailer appears to be back on the radar of the WallStreetBets discussion group. On June 2, Bed Bath &amp; Beyond soared 62% before diving 28% the next session.</p><p><blockquote>但这家家居用品零售商似乎又重新受到了WallStreetBets讨论组的关注。6月2日，Bed Bath&amp;Beyond股价飙升62%，随后第二个交易日暴跌28%。</blockquote></p><p> The rest of the top 10 stocks have also outperformed the broader market. Macy's is up 68% year to date, while Resideo, Pacific Premier and Ameris have risen more than 40% each. The lowest gainer, bank holding company First Hawaiian, has advanced 20%. The S&amp;P 500 held a 13% gain through Thursday's close.</p><p><blockquote>其余前10只股票的表现也优于大盘。梅西百货今年迄今上涨了68%，而Resideo、Pacific Premier和Ameris的涨幅均超过40%。涨幅最低的银行控股公司First Hawaiian上涨了20%。截至周四收盘，标普500上涨了13%。</blockquote></p><p> SLYV remains in potential buy range from an 87.29entryof acup with handle, according toMarketSmithchart analysis.&nbsp;SLYV and SLYG charge a 0.15% expense ratio.</p><p><blockquote>根据MarketSmithChart分析，SLYV仍处于带手柄acup的87.29入场点的潜在买入范围内。SLYV和SLYG收取0.15%的费用率。</blockquote></p><p></p>","source":"lsy1610449120050","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>Meme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays<blockquote>Meme股票飙升1,000%，领跑这两只顶级小盘股</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeme Stock Soars 1,000% To Lead These Two Top Small Cap Stock Plays<blockquote>Meme股票飙升1,000%，领跑这两只顶级小盘股</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">investors</strong><span class=\"h-time small\">2021-06-13 06:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>GameStop may be the top holding in SPDR S&amp;P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.</p><p><blockquote>游戏驿站可能是SPDR S&amp;P 600小型股价值中最大的持股，但这并不是该ETF击败成长型股票的唯一原因。</blockquote></p><p> The $4.2 billion value fund tracks the S&amp;P SmallCap 600 Value Index (SLYV), composed of stocks with the strongest value traits based on book value to price ratio, earnings to price ratio, and sales to price ratio. SLYV rallied 32% this year through Thursday's close.</p><p><blockquote>这只价值42亿美元的价值基金追踪S&amp;P SmallCap 600价值指数(SLYV)，该指数由根据账面价值与价格比率、市盈率和销售价格比率具有最强价值特征的股票组成。截至周四收盘，SLYV今年上涨了32%。</blockquote></p><p> That more than doubles the return of its growth stock counterpart, SPDR S&amp;P 600 Small Cap Growth (SLYG), which is up 15%. The index SLYG tracks includes stocks with the strongest growth traits based on sales growth, earnings change to price and momentum.</p><p><blockquote>这是成长型股票SPDR S&amp;P 600 Small Cap Growth(SLYG)回报率的两倍多，后者上涨了15%。SLYG跟踪的指数包括基于销售增长、盈利价格变化和动量的增长特征最强的股票。</blockquote></p><p> Back to SLYV, financials accounted for the biggest sector weight at 24% of assets. Industrials weighed in at about 17%, consumer discretionary 15% and real estate 10%. Information technology was next at 8% and materials, energy and health care, 6% each.&nbsp;Smaller positions in consumer staples, utilities and communication services made up the rest.</p><p><blockquote>回到SLYV，金融业占资产比重最大，占资产的24%。工业股约占17%，非必需消费品股15%，房地产股10%。其次是信息技术，占8%，材料、能源和医疗保健，各占6%。消费品、公用事业和通信服务的较小头寸占其余部分。</blockquote></p><p> SPDR S&amp;P 600 Small Cap Value is in IBD's ETF Leaders, but SPDR S&amp;P 600 Small Cap Growth is not.</p><p><blockquote>SPDR S&amp;P 600 Small Cap Value位居IBD ETF领先者之列，但SPDR S&amp;P 600 Small Cap Growth则不然。</blockquote></p><p> <b>GameStop Stock Leads</b></p><p><blockquote><b>游戏驿站股票领先</b></blockquote></p><p> <b>GameStop</b>(GME),<b>Macy's</b>(M),<b>PDC Energy</b>(PDCE),<b>Resideo Technologies</b>(REZI) and<b>BankUnited</b>(BKU) were the top five holdings as of Wednesday.</p><p><blockquote><b>游戏驿站</b>（GME），<b>梅西百货</b>(M)，<b>PDC能源</b>（PDCE），<b>Resideo技术</b>（雷齐）和<b>联合银行</b>(BKU)是截至周三的前五大持股。</blockquote></p><p> <b>Pacific Premier Bancorp</b>(PPBI),<b>Bed Bath &amp; Beyond</b>(BBBY),<b>Ameris Bancorp</b>(ABCB),<b>First Hawaiian</b>(FHB) and<b>Insight Enterprises</b>(NSIT) rounded out the top 10.</p><p><blockquote><b>太平洋卓越银行</b>（PPBI），<b>贝德柏士比昂公司</b>（BBBY），<b>美国银行</b>（ABCB），<b>第一夏威夷人</b>（FHB）和<b>洞察企业</b>(NSIT)跻身前十名。</blockquote></p><p> GameStop has undergone wide swings this year. It rocketed about 2,500% early this year amid theshort-squeeze rallyfueled by the Reddit/WallStreetBets crowd.GME stockthen crashed 92% from a Jan. 28 high to its mid-February low. That was followed by an 805% surge the next three weeks, and a 66% drop over the next two weeks.</p><p><blockquote>游戏驿站今年经历了大幅波动。今年早些时候，在Reddit/WallStreetBets人群推动的空头挤压反弹中，该股飙升了约2,500%。GME股票随后从1月28日的高点暴跌92%至2月中旬的低点。随后在接下来的三周内飙升805%，在接下来的两周内下跌66%。</blockquote></p><p> Action had been relatively subdued since, until Thursday's 27% dive. Even after that, GameStop stock was up 1,070% year to date through Thursday's close.</p><p><blockquote>此后，股价一直相对低迷，直到周四暴跌27%。即便如此，截至周四收盘，游戏驿站股价今年迄今仍上涨了1,070%。</blockquote></p><p> Could GME be inflating SLYV's performance? Certainly, given its quadruple-digit gain. But a look at SLYG's portfolio is interesting. GameStop stock is also the top holding in the growth stock ETF, though the rest of the top 10 differ vastly.</p><p><blockquote>GME会夸大SLYV的业绩吗？当然，考虑到其四位数的增益。但看看SLYG的投资组合很有趣。游戏驿站股票也是成长型股票ETF中持股最多的股票，尽管前10名中的其他股票差异很大。</blockquote></p><p> <b>Second Meme Stock In Top 10</b></p><p><blockquote><b>前十名中的第二只模因股票</b></blockquote></p><p> PDC Energy, up 130%, saw the next biggest gain in the top 10. The Colorado-based oil and gas explorer has a 97Relative Strength Rating, which mean it's in the top 3% of all stocks. Its relative strength line is at a 52-week high, a bullish sign.</p><p><blockquote>PDC Energy上涨130%，在前十名中涨幅第二大。这家总部位于科罗拉多州的石油和天然气勘探公司的相对强度评级为97，这意味着它在所有股票中排名前3%。其相对强弱线处于52周高点，这是一个看涨信号。</blockquote></p><p> Bed Bath &amp; Beyond, another meme stock, is up 78% this year. Shares surged more than 200% in January, amid a spate of wild double-digit swings. BBBY stock then gave back the bulk of its gains.</p><p><blockquote>另一只模因股票Bed Bath&amp;Beyond今年上涨了78%。在一系列两位数的剧烈波动中，股价在1月份飙升了200%以上。BBBY股票随后回吐了大部分涨幅。</blockquote></p><p> But the home goods retailer appears to be back on the radar of the WallStreetBets discussion group. On June 2, Bed Bath &amp; Beyond soared 62% before diving 28% the next session.</p><p><blockquote>但这家家居用品零售商似乎又重新受到了WallStreetBets讨论组的关注。6月2日，Bed Bath&amp;Beyond股价飙升62%，随后第二个交易日暴跌28%。</blockquote></p><p> The rest of the top 10 stocks have also outperformed the broader market. Macy's is up 68% year to date, while Resideo, Pacific Premier and Ameris have risen more than 40% each. The lowest gainer, bank holding company First Hawaiian, has advanced 20%. The S&amp;P 500 held a 13% gain through Thursday's close.</p><p><blockquote>其余前10只股票的表现也优于大盘。梅西百货今年迄今上涨了68%，而Resideo、Pacific Premier和Ameris的涨幅均超过40%。涨幅最低的银行控股公司First Hawaiian上涨了20%。截至周四收盘，标普500上涨了13%。</blockquote></p><p> SLYV remains in potential buy range from an 87.29entryof acup with handle, according toMarketSmithchart analysis.&nbsp;SLYV and SLYG charge a 0.15% expense ratio.</p><p><blockquote>根据MarketSmithChart分析，SLYV仍处于带手柄acup的87.29入场点的潜在买入范围内。SLYV和SLYG收取0.15%的费用率。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.investors.com/etfs-and-funds/etf-leaders/gamestop-stock-soars-1000-percent-lead-two-top-small-cap-stock-plays/?src=A00220\">investors</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"Bed Bath & Beyond, Inc.","PDCE":"PDC Energy"},"source_url":"https://www.investors.com/etfs-and-funds/etf-leaders/gamestop-stock-soars-1000-percent-lead-two-top-small-cap-stock-plays/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185020128","content_text":"GameStop may be the top holding in SPDR S&P 600 Small Cap Value, but that's not the only reason the ETF is beating its growth-stock counterpart.\nThe $4.2 billion value fund tracks the S&P SmallCap 600 Value Index (SLYV), composed of stocks with the strongest value traits based on book value to price ratio, earnings to price ratio, and sales to price ratio. SLYV rallied 32% this year through Thursday's close.\nThat more than doubles the return of its growth stock counterpart, SPDR S&P 600 Small Cap Growth (SLYG), which is up 15%. The index SLYG tracks includes stocks with the strongest growth traits based on sales growth, earnings change to price and momentum.\nBack to SLYV, financials accounted for the biggest sector weight at 24% of assets. Industrials weighed in at about 17%, consumer discretionary 15% and real estate 10%. Information technology was next at 8% and materials, energy and health care, 6% each. Smaller positions in consumer staples, utilities and communication services made up the rest.\nSPDR S&P 600 Small Cap Value is in IBD's ETF Leaders, but SPDR S&P 600 Small Cap Growth is not.\nGameStop Stock Leads\nGameStop(GME),Macy's(M),PDC Energy(PDCE),Resideo Technologies(REZI) andBankUnited(BKU) were the top five holdings as of Wednesday.\nPacific Premier Bancorp(PPBI),Bed Bath & Beyond(BBBY),Ameris Bancorp(ABCB),First Hawaiian(FHB) andInsight Enterprises(NSIT) rounded out the top 10.\nGameStop has undergone wide swings this year. It rocketed about 2,500% early this year amid theshort-squeeze rallyfueled by the Reddit/WallStreetBets crowd.GME stockthen crashed 92% from a Jan. 28 high to its mid-February low. That was followed by an 805% surge the next three weeks, and a 66% drop over the next two weeks.\nAction had been relatively subdued since, until Thursday's 27% dive. Even after that, GameStop stock was up 1,070% year to date through Thursday's close.\nCould GME be inflating SLYV's performance? Certainly, given its quadruple-digit gain. But a look at SLYG's portfolio is interesting. GameStop stock is also the top holding in the growth stock ETF, though the rest of the top 10 differ vastly.\nSecond Meme Stock In Top 10\nPDC Energy, up 130%, saw the next biggest gain in the top 10. The Colorado-based oil and gas explorer has a 97Relative Strength Rating, which mean it's in the top 3% of all stocks. Its relative strength line is at a 52-week high, a bullish sign.\nBed Bath & Beyond, another meme stock, is up 78% this year. Shares surged more than 200% in January, amid a spate of wild double-digit swings. BBBY stock then gave back the bulk of its gains.\nBut the home goods retailer appears to be back on the radar of the WallStreetBets discussion group. On June 2, Bed Bath & Beyond soared 62% before diving 28% the next session.\nThe rest of the top 10 stocks have also outperformed the broader market. Macy's is up 68% year to date, while Resideo, Pacific Premier and Ameris have risen more than 40% each. The lowest gainer, bank holding company First Hawaiian, has advanced 20%. The S&P 500 held a 13% gain through Thursday's close.\nSLYV remains in potential buy range from an 87.29entryof acup with handle, according toMarketSmithchart analysis. SLYV and SLYG charge a 0.15% expense ratio.","news_type":1,"symbols_score_info":{"BBBY":0.9,"PDCE":0.9}},"isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106147739,"gmtCreate":1620096934921,"gmtModify":1634207838112,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Daily","listText":"Daily","text":"Daily","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106147739","repostId":"1147234999","repostType":4,"isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":870484697,"gmtCreate":1636642421510,"gmtModify":1636642421650,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OTLY\">$Oatly Group AB(OTLY)$</a>what's going on??","listText":"<a href=\"https://laohu8.com/S/OTLY\">$Oatly Group AB(OTLY)$</a>what's going on??","text":"$Oatly Group AB(OTLY)$what's going on??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870484697","isVote":1,"tweetType":1,"viewCount":2229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864639577,"gmtCreate":1633096329722,"gmtModify":1633096347446,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OTLY\">$Oatly Group AB(OTLY)$</a>what's going on ??","listText":"<a href=\"https://laohu8.com/S/OTLY\">$Oatly Group AB(OTLY)$</a>what's going on ??","text":"$Oatly Group AB(OTLY)$what's going on ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864639577","isVote":1,"tweetType":1,"viewCount":3131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":153883713,"gmtCreate":1625017198232,"gmtModify":1631893917222,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Helloo","listText":"Helloo","text":"Helloo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153883713","repostId":"1160246970","repostType":4,"repost":{"id":"1160246970","kind":"news","pubTimestamp":1625016621,"share":"https://www.laohu8.com/m/news/1160246970?lang=zh_CN&edition=full","pubTime":"2021-06-30 09:30","market":"us","language":"en","title":"The Lost Decade: Lessons From Japan's Real Estate Crisis<blockquote>失去的十年：日本房地产危机的教训</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160246970","media":"investopedia","summary":"What Was Japan's \"Lost Decade\" Real Estate Crisis?\nFree markets economies are subject tocycles.Econo","content":"<p><b>What Was Japan's \"Lost Decade\" Real Estate Crisis?</b></p><p><blockquote><b>日本“失去的十年”房地产危机是什么？</b></blockquote></p><p> Free markets economies are subject tocycles.Economic cyclesconsist of fluctuating periods of economic expansion andcontractionas measured by a nation'sgross domestic product(GDP).</p><p><blockquote>自由市场经济受到周期的影响。经济周期由以一个国家的国内生产总值（GDP）衡量的经济扩张和收缩的波动时期组成。</blockquote></p><p> The length of economic cycles (periods of expansion vs. contraction) can vary greatly. The traditional measure of an economicrecessionis two or more consecutive quarters of falling gross domestic product. There are also economic depressions, which are extended periods of economic contraction such as theGreat Depressionof the 1930s.</p><p><blockquote>经济周期的长度（扩张期与收缩期）可能会有很大差异。经济衰退的传统衡量标准是国内生产总值连续两个或两个以上季度下降。还有经济萧条，即长期的经济收缩，例如20世纪30年代的大萧条。</blockquote></p><p> From 1991 through 2001, Japan experienced a period of economicstagnationand price deflation known as \"Japan'sLost Decade.\" While the Japanese economy outgrew this period, it did so at a much slower pace than other industrialized nations. During this period, the Japanese economy suffered from both acredit crunchand aliquidity trap.</p><p><blockquote>从1991年到2001年，日本经历了一段被称为“日本失去的十年”的经济停滞和物价通缩时期。虽然日本经济增长超过了这一时期，但其增长速度比其他工业化国家慢得多。在此期间，日本经济遭受了信贷紧缩和流动性陷阱。</blockquote></p><p> Understanding Japan's \"Lost Decade\" Real Estate CrisisJapan's Lost Decade</p><p><blockquote>了解日本“失去的十年”房地产危机日本失去的十年</blockquote></p><p> Japan's economy was the envy of the world in the 1980s—it grew at an average annual rate (as measured by GDP) of 3.89% in the 1980s, compared to 3.07% in the United States.1But Japan's economy ran into troubles in the 1990s.</p><p><blockquote>日本经济在20世纪80年代令世界羡慕——20世纪80年代的年均增长率（以GDP衡量）为3.89%，而美国为3.07%。1但日本经济在20世纪90年代陷入了困境。</blockquote></p><p> From 1991 to 2003, the Japanese economy, as measured by GDP, grew only 1.14% annually, well below that of other industrialized nations.1</p><p><blockquote>从1991年到2003年，以GDP衡量的日本经济年增长率仅为1.14%，远低于其他工业化国家。</blockquote></p><p> <b>KEY TAKEAWAYS</b></p><p><blockquote><b>关键要点</b></blockquote></p><p> <ul>  <li>Japan's \"Lost Decade\" was a period that lasted from about 1991 to 2001 that saw a great slowdown in Japan's previously bustling economy.</li>  <li>The main causes of this economic slowdown were raising interest rates that set a liquidity trap at the same time that a credit crunch was unfolding.</li>  <li>The major lessons economies can take from Japan's \"Lost Decade\" include using available public funds to restructure banks' balance sheets and that sometimes the fear of inflation can cause stagnation.</li> </ul> Japan's equity andreal estatebubbles burst starting in the fall of 1989. Equity values plunged 60% from late 1989 to August 1992,2whileland valuesdropped throughout the 1990s, falling an incredible 70% by 2001.3</p><p><blockquote><ul><li>日本“失去的十年”是从1991年左右持续到2001年的一段时间，日本以前繁荣的经济大幅放缓。</li><li>经济放缓的主要原因是加息，在信贷紧缩展开的同时，加息造成了流动性陷阱。</li><li>各经济体可以从日本“失去的十年”中吸取的主要教训包括利用可用的公共资金重组银行资产负债表，以及有时对通胀的担忧会导致经济停滞。</li></ul>日本的股票和房地产泡沫从1989年秋天开始破裂。从1989年末到1992年8月，股票价值暴跌了60%，2而土地价值在整个20世纪90年代都在下跌，到2001年更是惊人地下跌了70%。</blockquote></p><p> <b>The Bank of Japan's Interest Rate Mistakes</b></p><p><blockquote><b>日本央行的利率失误</b></blockquote></p><p> It is generally acknowledged that theBank of Japan(BoJ), Japan'scentral bank, made several mistakes that may have added to and prolonged the negative effects of the bursting of the equity and real estate bubbles.</p><p><blockquote>人们普遍认为，日本央行（BoJ）犯了几个错误，这些错误可能加剧并延长了股票和房地产泡沫破裂的负面影响。</blockquote></p><p> For example, monetary policy was stop-and-go; concerned aboutinflationand asset prices, the Bank of Japan put the brakes on themoney supplyin the late 1980s, which may have contributed to the bursting of the equity bubble. Then, as equity values fell, the BoJ continued to raise interest rates because it remained concerned with still-appreciating real estate values.4</p><p><blockquote>例如，货币政策走走停停；出于对通货膨胀和资产价格的担忧，日本央行在20世纪80年代末抑制了货币供应，这可能导致了股票泡沫的破裂。然后，随着股票价值的下跌，日本央行继续提高利率，因为它仍然担心仍在升值的房地产价值。</blockquote></p><p> Higher interest rates contributed to the end of rising land prices, but they also helped the overall economy slide into a downward spiral. In 1991, as equity and land prices fell, the Bank of Japan dramatically reversed course and began to cut interest rates.5But it was too late, aliquiditytrap had already been set, and a credit crunch was setting in.</p><p><blockquote>较高的利率有助于结束土地价格上涨，但也帮助整体经济陷入螺旋式下降。1991年，随着股票和土地价格下跌，日本银行戏剧性地改变了方针，开始降息。5但为时已晚，流动性陷阱已经设置，信贷紧缩正在发生。</blockquote></p><p> <b>A Liquidity Trap</b></p><p><blockquote><b>流动性陷阱</b></blockquote></p><p> A liquidity trap is an economic scenario in which households and investors sit on cash; either in short-term accounts or literally as cash on hand.</p><p><blockquote>流动性陷阱是指家庭和投资者坐拥现金的经济情景；要么是短期账户，要么是手头现金。</blockquote></p><p> They might do this for a few reasons: they have no confidence that they can earn a higherrate of returnby investing, they believedeflationis on the horizon (cash will increase in value relative to fixed assets), or deflation already exists. All three reasons are highly correlated, and under such circumstances, household and investor beliefs become reality.</p><p><blockquote>他们这样做可能有几个原因：他们没有信心通过投资获得更高的回报率，他们相信通货紧缩即将到来（现金相对于固定资产的价值会增加），或者通货紧缩已经存在。这三个原因都是高度相关的，在这种情况下，家庭和投资者的信念成为现实。</blockquote></p><p> In a liquidity trap, low interest rates, as a matter ofmonetary policy, become ineffective. People and investors simply don't spend or invest. They believe goods and services will be cheaper tomorrow, so they wait to consume, and they believe they can earn a better return by simply sitting on their money than by investing it. The Bank of Japan'sdiscount ratewas 0.5% for much of the 1990s, but it failed to stimulate the Japanese economy, and deflation persisted.6</p><p><blockquote>在流动性陷阱中，低利率作为货币政策变得无效。人们和投资者根本不消费或投资。他们相信明天商品和服务会更便宜，所以他们等待消费，他们相信简单地坐拥资金比投资更能获得更好的回报。在20世纪90年代的大部分时间里，日本央行的贴现率为0.5%，但这未能刺激日本经济，通货紧缩持续存在。</blockquote></p><p> <b>Breaking Out of a Liquidity Trap</b></p><p><blockquote><b>打破流动性陷阱</b></blockquote></p><p> To break out of a liquidity trap, households and businesses have to be willing to spend and invest. One way of getting them to do so is throughfiscal policy. Governments can give money directly to consumers through reductions intax rates, issuances of tax rebates, and public spending.</p><p><blockquote>为了摆脱流动性陷阱，家庭和企业必须愿意支出和投资。让他们这样做的一种方法是通过财政政策。政府可以通过降低税率、发放退税和公共支出直接向消费者提供资金。</blockquote></p><p></p><p> Japan tried several fiscal policy measures to break out of its liquidity trap, but it is generally believed that these measures were not executed well—money was wasted on inefficient public works projects and given to failing businesses. Most economists agree that for fiscal stimulus policy to be effective, money must be allocated efficiently. In other words, let the market decide where to spend and invest by placing money directly in the hands of consumers. (For related reading, check out<i>What Is Fiscal Policy?</i>)</p><p><blockquote>日本尝试了几项财政政策措施以突破其流动性陷阱，但人们普遍认为这些措施执行得并不好——钱被浪费在效率低下的公共工程项目上，并被给予了失败的企业。大多数经济学家都认为，为了使财政刺激政策有效，必须有效地分配资金。换句话说，通过将钱直接放在消费者手中，让市场决定在哪里消费和投资。（相关阅读，请查看<i>什么是财政政策？</i>)</blockquote></p><p> Another way to break out of the liquidity trap is to \"re-inflate\" the economy by increasing the actual supply of money as opposed to targetingnominal interest rates. A central bank can inject money into an economy without regard for an established target interest rate (such as thefed funds ratein the U.S.) through the purchase ofgovernment bondsinopen-market operations.</p><p><blockquote>打破流动性陷阱的另一种方法是通过增加实际货币供应量来“重新膨胀”经济，而不是以名义利率为目标。央行可以通过在公开市场操作中购买政府债券，向经济注入资金，而无需考虑既定的目标利率（例如美国的联邦基金利率）。</blockquote></p><p> This is when a central bank purchases a bond, in which case it effectively exchanges it for cash, which increases the money supply. This is known as themonetizationof debt. (It should be noted that open-market operations are also used to attain and maintain target interest rates, but when a central bank monetizes the debt, it does so without regard for a target interest rate.) (To learn more, read<i>How do central banks inject money into the economy?</i>)</p><p><blockquote>这是指中央银行购买债券，在这种情况下，它实际上将其兑换成现金，从而增加货币供应量。这就是所谓的债务货币化。（应该注意的是，公开市场操作也用于实现和维持目标利率，但当央行将债务货币化时，它是在不考虑目标利率的情况下这样做的。）（要了解更多信息，请阅读<i>央行如何向经济注入资金？</i>)</blockquote></p><p> In 2001, the Bank of Japan began to target the money supply instead of interest rates, which helped to moderate deflation and stimulateeconomic growth.5 However, when a central bank injects money into thefinancial system, banks are left with more money on hand, but also must be willing to lend that money out. This brings us to the next problem Japan faced: a credit crunch.</p><p><blockquote>2001年，日本央行开始以货币供应量而不是利率为目标，这有助于缓解通货紧缩并刺激经济增长。5然而，当央行向金融体系注入资金时，银行手头会有更多的资金，但也必须愿意将这些钱借出去。这给我们带来了日本面临的下一个问题：信贷紧缩。</blockquote></p><p> <b>Credit Crunch</b></p><p><blockquote><b>信贷紧缩</b></blockquote></p><p> A credit crunch is an economic scenario in which banks have tightened lending requirements and for the most part, do not lend.</p><p><blockquote>信贷紧缩是一种经济情况，在这种情况下，银行收紧了贷款要求，并且在大多数情况下不放贷。</blockquote></p><p> They may not lend for several reasons, including: 1) the need to hold onto reserves in order repair theirbalance sheetsafter suffering loses, which happened to Japanese banks that had invested heavily in real estate, and 2) there might be a generalpullbackin risk-taking, which happened in the United States in 2007 and 2008 asfinancial institutionsthat initially suffered losses related tosubprime mortgagelending pulled back in all types of lending, deleveraged their balance sheets, and generally sought to reduce their levels of risk in all areas.</p><p><blockquote>他们可能出于几个原因不放贷，包括：1）在遭受损失后需要持有准备金以修复资产负债表，这发生在大量投资房地产的日本银行身上；2）风险承担可能会普遍回落，2007年和2008年美国就发生了这种情况，最初遭受次级抵押贷款相关损失的金融机构减少了所有类型的贷款，去杠杆化了资产负债表，并普遍寻求降低所有领域的风险水平。</blockquote></p><p> Calculated risk-taking and lending is the life-blood of afree marketeconomy. When capital is put to work, jobs are created, spending increases, efficiencies are discovered (productivity increases), and the economy grows. On the other hand, when banks are reluctant to lend, it is difficult for the economy to grow.</p><p><blockquote>有计划的风险承担和借贷是自由市场经济的命脉。当资本投入工作时，就业机会被创造出来，支出增加，效率被发现（生产率提高），经济增长。另一方面，当银行惜贷时，经济就难以增长。</blockquote></p><p> In the same manner that a liquidity trap leads to deflation, a credit crunch is also conducive to deflation as banks are unwilling to lend, and therefore consumers and businesses are unable to spend, causing prices to fall.</p><p><blockquote>正如流动性陷阱导致通货紧缩一样，信贷紧缩也有利于通货紧缩，因为银行不愿意放贷，因此消费者和企业无法消费，导致价格下跌。</blockquote></p><p> <b>Solutions to a Credit Crunch</b></p><p><blockquote><b>信贷紧缩的解决方案</b></blockquote></p><p> Japan also suffered from a credit crunch in the 1990s and Japanese banks were slow to take losses. Even though public funds were made available to banks to restructure their balance sheets, they failed to do so because of the fear of stigma associated with revealing long-concealed losses and the fear of losing control to foreign investors.7 To break out of a credit crunch, bank losses must be recognized, the banking system must be transparent, and banks must gain confidence in their ability to assess and manage risk.</p><p><blockquote>日本在20世纪90年代也遭受了信贷紧缩，日本银行承担损失的速度很慢。尽管向银行提供了公共资金来重组其资产负债表，但它们未能这样做，因为担心披露长期隐瞒的损失会带来耻辱，担心失去对外国投资者的控制权。7为了摆脱信贷紧缩，必须承认银行损失，银行系统必须透明，银行必须对其评估和管理风险的能力充满信心。</blockquote></p><p> Clearly, deflation causes a lot of problems. When asset prices are falling, households and investors hoard cash because cash will be worth more tomorrow than it is today. This creates a liquidity trap. When asset prices fall, the value ofcollateralbacking loans falls, which in turn leads to bank losses. When banks suffer losses, they stop lending, creating a credit crunch.</p><p><blockquote>显然，通货紧缩会导致很多问题。当资产价格下跌时，家庭和投资者会囤积现金，因为现金明天会比今天更值钱。这就造成了流动性陷阱。当资产价格下跌时，抵押品支持贷款的价值就会下降，进而导致银行损失。当银行遭受损失时，它们会停止放贷，从而造成信贷紧缩。</blockquote></p><p> Most of the time, we think ofinflationas a very bad economic problem, which it can be, but re-inflating an economy might be precisely what is needed to avoid prolonged periods of slow growth such as what Japan experienced in the 1990s.</p><p><blockquote>大多数时候，我们认为通货膨胀是一个非常严重的经济问题，事实也确实如此，但经济重新通胀可能正是避免日本在20世纪90年代经历的长期缓慢增长所需要的。</blockquote></p><p> The problem is that re-inflating an economy isn't easy, especially when banks are unwilling to lend. Notable American economistMilton Friedmansuggested that the way to avoid a liquidity trap is by bypassingfinancial intermediariesand giving money directly to individuals to spend. This is known as \"helicopter money,\" because the theory is that a central bank could literally drop money from a helicopter.8 This also suggests that regardless of which country you live in, life is all about being in the right place at the right time.</p><p><blockquote>问题是让经济重新膨胀并不容易，尤其是在银行不愿意放贷的情况下。美国著名经济学家米尔顿·弗里德曼提出，避免流动性陷阱的方法是绕过金融中介，直接将钱交给个人消费。这被称为“直升机撒钱”，因为该理论认为中央银行可以从直升机上投放资金。8这也表明，无论你生活在哪个国家，生活就是在正确的时间出现在正确的地点。</blockquote></p><p></p>","source":"lsy1606203311635","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 Lost Decade: Lessons From Japan's Real Estate Crisis<blockquote>失去的十年：日本房地产危机的教训</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Lost Decade: Lessons From Japan's Real Estate Crisis<blockquote>失去的十年：日本房地产危机的教训</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">investopedia</strong><span class=\"h-time small\">2021-06-30 09:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>What Was Japan's \"Lost Decade\" Real Estate Crisis?</b></p><p><blockquote><b>日本“失去的十年”房地产危机是什么？</b></blockquote></p><p> Free markets economies are subject tocycles.Economic cyclesconsist of fluctuating periods of economic expansion andcontractionas measured by a nation'sgross domestic product(GDP).</p><p><blockquote>自由市场经济受到周期的影响。经济周期由以一个国家的国内生产总值（GDP）衡量的经济扩张和收缩的波动时期组成。</blockquote></p><p> The length of economic cycles (periods of expansion vs. contraction) can vary greatly. The traditional measure of an economicrecessionis two or more consecutive quarters of falling gross domestic product. There are also economic depressions, which are extended periods of economic contraction such as theGreat Depressionof the 1930s.</p><p><blockquote>经济周期的长度（扩张期与收缩期）可能会有很大差异。经济衰退的传统衡量标准是国内生产总值连续两个或两个以上季度下降。还有经济萧条，即长期的经济收缩，例如20世纪30年代的大萧条。</blockquote></p><p> From 1991 through 2001, Japan experienced a period of economicstagnationand price deflation known as \"Japan'sLost Decade.\" While the Japanese economy outgrew this period, it did so at a much slower pace than other industrialized nations. During this period, the Japanese economy suffered from both acredit crunchand aliquidity trap.</p><p><blockquote>从1991年到2001年，日本经历了一段被称为“日本失去的十年”的经济停滞和物价通缩时期。虽然日本经济增长超过了这一时期，但其增长速度比其他工业化国家慢得多。在此期间，日本经济遭受了信贷紧缩和流动性陷阱。</blockquote></p><p> Understanding Japan's \"Lost Decade\" Real Estate CrisisJapan's Lost Decade</p><p><blockquote>了解日本“失去的十年”房地产危机日本失去的十年</blockquote></p><p> Japan's economy was the envy of the world in the 1980s—it grew at an average annual rate (as measured by GDP) of 3.89% in the 1980s, compared to 3.07% in the United States.1But Japan's economy ran into troubles in the 1990s.</p><p><blockquote>日本经济在20世纪80年代令世界羡慕——20世纪80年代的年均增长率（以GDP衡量）为3.89%，而美国为3.07%。1但日本经济在20世纪90年代陷入了困境。</blockquote></p><p> From 1991 to 2003, the Japanese economy, as measured by GDP, grew only 1.14% annually, well below that of other industrialized nations.1</p><p><blockquote>从1991年到2003年，以GDP衡量的日本经济年增长率仅为1.14%，远低于其他工业化国家。</blockquote></p><p> <b>KEY TAKEAWAYS</b></p><p><blockquote><b>关键要点</b></blockquote></p><p> <ul>  <li>Japan's \"Lost Decade\" was a period that lasted from about 1991 to 2001 that saw a great slowdown in Japan's previously bustling economy.</li>  <li>The main causes of this economic slowdown were raising interest rates that set a liquidity trap at the same time that a credit crunch was unfolding.</li>  <li>The major lessons economies can take from Japan's \"Lost Decade\" include using available public funds to restructure banks' balance sheets and that sometimes the fear of inflation can cause stagnation.</li> </ul> Japan's equity andreal estatebubbles burst starting in the fall of 1989. Equity values plunged 60% from late 1989 to August 1992,2whileland valuesdropped throughout the 1990s, falling an incredible 70% by 2001.3</p><p><blockquote><ul><li>日本“失去的十年”是从1991年左右持续到2001年的一段时间，日本以前繁荣的经济大幅放缓。</li><li>经济放缓的主要原因是加息，在信贷紧缩展开的同时，加息造成了流动性陷阱。</li><li>各经济体可以从日本“失去的十年”中吸取的主要教训包括利用可用的公共资金重组银行资产负债表，以及有时对通胀的担忧会导致经济停滞。</li></ul>日本的股票和房地产泡沫从1989年秋天开始破裂。从1989年末到1992年8月，股票价值暴跌了60%，2而土地价值在整个20世纪90年代都在下跌，到2001年更是惊人地下跌了70%。</blockquote></p><p> <b>The Bank of Japan's Interest Rate Mistakes</b></p><p><blockquote><b>日本央行的利率失误</b></blockquote></p><p> It is generally acknowledged that theBank of Japan(BoJ), Japan'scentral bank, made several mistakes that may have added to and prolonged the negative effects of the bursting of the equity and real estate bubbles.</p><p><blockquote>人们普遍认为，日本央行（BoJ）犯了几个错误，这些错误可能加剧并延长了股票和房地产泡沫破裂的负面影响。</blockquote></p><p> For example, monetary policy was stop-and-go; concerned aboutinflationand asset prices, the Bank of Japan put the brakes on themoney supplyin the late 1980s, which may have contributed to the bursting of the equity bubble. Then, as equity values fell, the BoJ continued to raise interest rates because it remained concerned with still-appreciating real estate values.4</p><p><blockquote>例如，货币政策走走停停；出于对通货膨胀和资产价格的担忧，日本央行在20世纪80年代末抑制了货币供应，这可能导致了股票泡沫的破裂。然后，随着股票价值的下跌，日本央行继续提高利率，因为它仍然担心仍在升值的房地产价值。</blockquote></p><p> Higher interest rates contributed to the end of rising land prices, but they also helped the overall economy slide into a downward spiral. In 1991, as equity and land prices fell, the Bank of Japan dramatically reversed course and began to cut interest rates.5But it was too late, aliquiditytrap had already been set, and a credit crunch was setting in.</p><p><blockquote>较高的利率有助于结束土地价格上涨，但也帮助整体经济陷入螺旋式下降。1991年，随着股票和土地价格下跌，日本银行戏剧性地改变了方针，开始降息。5但为时已晚，流动性陷阱已经设置，信贷紧缩正在发生。</blockquote></p><p> <b>A Liquidity Trap</b></p><p><blockquote><b>流动性陷阱</b></blockquote></p><p> A liquidity trap is an economic scenario in which households and investors sit on cash; either in short-term accounts or literally as cash on hand.</p><p><blockquote>流动性陷阱是指家庭和投资者坐拥现金的经济情景；要么是短期账户，要么是手头现金。</blockquote></p><p> They might do this for a few reasons: they have no confidence that they can earn a higherrate of returnby investing, they believedeflationis on the horizon (cash will increase in value relative to fixed assets), or deflation already exists. All three reasons are highly correlated, and under such circumstances, household and investor beliefs become reality.</p><p><blockquote>他们这样做可能有几个原因：他们没有信心通过投资获得更高的回报率，他们相信通货紧缩即将到来（现金相对于固定资产的价值会增加），或者通货紧缩已经存在。这三个原因都是高度相关的，在这种情况下，家庭和投资者的信念成为现实。</blockquote></p><p> In a liquidity trap, low interest rates, as a matter ofmonetary policy, become ineffective. People and investors simply don't spend or invest. They believe goods and services will be cheaper tomorrow, so they wait to consume, and they believe they can earn a better return by simply sitting on their money than by investing it. The Bank of Japan'sdiscount ratewas 0.5% for much of the 1990s, but it failed to stimulate the Japanese economy, and deflation persisted.6</p><p><blockquote>在流动性陷阱中，低利率作为货币政策变得无效。人们和投资者根本不消费或投资。他们相信明天商品和服务会更便宜，所以他们等待消费，他们相信简单地坐拥资金比投资更能获得更好的回报。在20世纪90年代的大部分时间里，日本央行的贴现率为0.5%，但这未能刺激日本经济，通货紧缩持续存在。</blockquote></p><p> <b>Breaking Out of a Liquidity Trap</b></p><p><blockquote><b>打破流动性陷阱</b></blockquote></p><p> To break out of a liquidity trap, households and businesses have to be willing to spend and invest. One way of getting them to do so is throughfiscal policy. Governments can give money directly to consumers through reductions intax rates, issuances of tax rebates, and public spending.</p><p><blockquote>为了摆脱流动性陷阱，家庭和企业必须愿意支出和投资。让他们这样做的一种方法是通过财政政策。政府可以通过降低税率、发放退税和公共支出直接向消费者提供资金。</blockquote></p><p></p><p> Japan tried several fiscal policy measures to break out of its liquidity trap, but it is generally believed that these measures were not executed well—money was wasted on inefficient public works projects and given to failing businesses. Most economists agree that for fiscal stimulus policy to be effective, money must be allocated efficiently. In other words, let the market decide where to spend and invest by placing money directly in the hands of consumers. (For related reading, check out<i>What Is Fiscal Policy?</i>)</p><p><blockquote>日本尝试了几项财政政策措施以突破其流动性陷阱，但人们普遍认为这些措施执行得并不好——钱被浪费在效率低下的公共工程项目上，并被给予了失败的企业。大多数经济学家都认为，为了使财政刺激政策有效，必须有效地分配资金。换句话说，通过将钱直接放在消费者手中，让市场决定在哪里消费和投资。（相关阅读，请查看<i>什么是财政政策？</i>)</blockquote></p><p> Another way to break out of the liquidity trap is to \"re-inflate\" the economy by increasing the actual supply of money as opposed to targetingnominal interest rates. A central bank can inject money into an economy without regard for an established target interest rate (such as thefed funds ratein the U.S.) through the purchase ofgovernment bondsinopen-market operations.</p><p><blockquote>打破流动性陷阱的另一种方法是通过增加实际货币供应量来“重新膨胀”经济，而不是以名义利率为目标。央行可以通过在公开市场操作中购买政府债券，向经济注入资金，而无需考虑既定的目标利率（例如美国的联邦基金利率）。</blockquote></p><p> This is when a central bank purchases a bond, in which case it effectively exchanges it for cash, which increases the money supply. This is known as themonetizationof debt. (It should be noted that open-market operations are also used to attain and maintain target interest rates, but when a central bank monetizes the debt, it does so without regard for a target interest rate.) (To learn more, read<i>How do central banks inject money into the economy?</i>)</p><p><blockquote>这是指中央银行购买债券，在这种情况下，它实际上将其兑换成现金，从而增加货币供应量。这就是所谓的债务货币化。（应该注意的是，公开市场操作也用于实现和维持目标利率，但当央行将债务货币化时，它是在不考虑目标利率的情况下这样做的。）（要了解更多信息，请阅读<i>央行如何向经济注入资金？</i>)</blockquote></p><p> In 2001, the Bank of Japan began to target the money supply instead of interest rates, which helped to moderate deflation and stimulateeconomic growth.5 However, when a central bank injects money into thefinancial system, banks are left with more money on hand, but also must be willing to lend that money out. This brings us to the next problem Japan faced: a credit crunch.</p><p><blockquote>2001年，日本央行开始以货币供应量而不是利率为目标，这有助于缓解通货紧缩并刺激经济增长。5然而，当央行向金融体系注入资金时，银行手头会有更多的资金，但也必须愿意将这些钱借出去。这给我们带来了日本面临的下一个问题：信贷紧缩。</blockquote></p><p> <b>Credit Crunch</b></p><p><blockquote><b>信贷紧缩</b></blockquote></p><p> A credit crunch is an economic scenario in which banks have tightened lending requirements and for the most part, do not lend.</p><p><blockquote>信贷紧缩是一种经济情况，在这种情况下，银行收紧了贷款要求，并且在大多数情况下不放贷。</blockquote></p><p> They may not lend for several reasons, including: 1) the need to hold onto reserves in order repair theirbalance sheetsafter suffering loses, which happened to Japanese banks that had invested heavily in real estate, and 2) there might be a generalpullbackin risk-taking, which happened in the United States in 2007 and 2008 asfinancial institutionsthat initially suffered losses related tosubprime mortgagelending pulled back in all types of lending, deleveraged their balance sheets, and generally sought to reduce their levels of risk in all areas.</p><p><blockquote>他们可能出于几个原因不放贷，包括：1）在遭受损失后需要持有准备金以修复资产负债表，这发生在大量投资房地产的日本银行身上；2）风险承担可能会普遍回落，2007年和2008年美国就发生了这种情况，最初遭受次级抵押贷款相关损失的金融机构减少了所有类型的贷款，去杠杆化了资产负债表，并普遍寻求降低所有领域的风险水平。</blockquote></p><p> Calculated risk-taking and lending is the life-blood of afree marketeconomy. When capital is put to work, jobs are created, spending increases, efficiencies are discovered (productivity increases), and the economy grows. On the other hand, when banks are reluctant to lend, it is difficult for the economy to grow.</p><p><blockquote>有计划的风险承担和借贷是自由市场经济的命脉。当资本投入工作时，就业机会被创造出来，支出增加，效率被发现（生产率提高），经济增长。另一方面，当银行惜贷时，经济就难以增长。</blockquote></p><p> In the same manner that a liquidity trap leads to deflation, a credit crunch is also conducive to deflation as banks are unwilling to lend, and therefore consumers and businesses are unable to spend, causing prices to fall.</p><p><blockquote>正如流动性陷阱导致通货紧缩一样，信贷紧缩也有利于通货紧缩，因为银行不愿意放贷，因此消费者和企业无法消费，导致价格下跌。</blockquote></p><p> <b>Solutions to a Credit Crunch</b></p><p><blockquote><b>信贷紧缩的解决方案</b></blockquote></p><p> Japan also suffered from a credit crunch in the 1990s and Japanese banks were slow to take losses. Even though public funds were made available to banks to restructure their balance sheets, they failed to do so because of the fear of stigma associated with revealing long-concealed losses and the fear of losing control to foreign investors.7 To break out of a credit crunch, bank losses must be recognized, the banking system must be transparent, and banks must gain confidence in their ability to assess and manage risk.</p><p><blockquote>日本在20世纪90年代也遭受了信贷紧缩，日本银行承担损失的速度很慢。尽管向银行提供了公共资金来重组其资产负债表，但它们未能这样做，因为担心披露长期隐瞒的损失会带来耻辱，担心失去对外国投资者的控制权。7为了摆脱信贷紧缩，必须承认银行损失，银行系统必须透明，银行必须对其评估和管理风险的能力充满信心。</blockquote></p><p> Clearly, deflation causes a lot of problems. When asset prices are falling, households and investors hoard cash because cash will be worth more tomorrow than it is today. This creates a liquidity trap. When asset prices fall, the value ofcollateralbacking loans falls, which in turn leads to bank losses. When banks suffer losses, they stop lending, creating a credit crunch.</p><p><blockquote>显然，通货紧缩会导致很多问题。当资产价格下跌时，家庭和投资者会囤积现金，因为现金明天会比今天更值钱。这就造成了流动性陷阱。当资产价格下跌时，抵押品支持贷款的价值就会下降，进而导致银行损失。当银行遭受损失时，它们会停止放贷，从而造成信贷紧缩。</blockquote></p><p> Most of the time, we think ofinflationas a very bad economic problem, which it can be, but re-inflating an economy might be precisely what is needed to avoid prolonged periods of slow growth such as what Japan experienced in the 1990s.</p><p><blockquote>大多数时候，我们认为通货膨胀是一个非常严重的经济问题，事实也确实如此，但经济重新通胀可能正是避免日本在20世纪90年代经历的长期缓慢增长所需要的。</blockquote></p><p> The problem is that re-inflating an economy isn't easy, especially when banks are unwilling to lend. Notable American economistMilton Friedmansuggested that the way to avoid a liquidity trap is by bypassingfinancial intermediariesand giving money directly to individuals to spend. This is known as \"helicopter money,\" because the theory is that a central bank could literally drop money from a helicopter.8 This also suggests that regardless of which country you live in, life is all about being in the right place at the right time.</p><p><blockquote>问题是让经济重新膨胀并不容易，尤其是在银行不愿意放贷的情况下。美国著名经济学家米尔顿·弗里德曼提出，避免流动性陷阱的方法是绕过金融中介，直接将钱交给个人消费。这被称为“直升机撒钱”，因为该理论认为中央银行可以从直升机上投放资金。8这也表明，无论你生活在哪个国家，生活就是在正确的时间出现在正确的地点。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.investopedia.com/articles/economics/08/japan-1990s-credit-crunch-liquidity-trap.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral\">investopedia</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.investopedia.com/articles/economics/08/japan-1990s-credit-crunch-liquidity-trap.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160246970","content_text":"What Was Japan's \"Lost Decade\" Real Estate Crisis?\nFree markets economies are subject tocycles.Economic cyclesconsist of fluctuating periods of economic expansion andcontractionas measured by a nation'sgross domestic product(GDP).\nThe length of economic cycles (periods of expansion vs. contraction) can vary greatly. The traditional measure of an economicrecessionis two or more consecutive quarters of falling gross domestic product. There are also economic depressions, which are extended periods of economic contraction such as theGreat Depressionof the 1930s.\nFrom 1991 through 2001, Japan experienced a period of economicstagnationand price deflation known as \"Japan'sLost Decade.\" While the Japanese economy outgrew this period, it did so at a much slower pace than other industrialized nations. During this period, the Japanese economy suffered from both acredit crunchand aliquidity trap.\nUnderstanding Japan's \"Lost Decade\" Real Estate CrisisJapan's Lost Decade\nJapan's economy was the envy of the world in the 1980s—it grew at an average annual rate (as measured by GDP) of 3.89% in the 1980s, compared to 3.07% in the United States.1But Japan's economy ran into troubles in the 1990s.\nFrom 1991 to 2003, the Japanese economy, as measured by GDP, grew only 1.14% annually, well below that of other industrialized nations.1\nKEY TAKEAWAYS\n\nJapan's \"Lost Decade\" was a period that lasted from about 1991 to 2001 that saw a great slowdown in Japan's previously bustling economy.\nThe main causes of this economic slowdown were raising interest rates that set a liquidity trap at the same time that a credit crunch was unfolding.\nThe major lessons economies can take from Japan's \"Lost Decade\" include using available public funds to restructure banks' balance sheets and that sometimes the fear of inflation can cause stagnation.\n\nJapan's equity andreal estatebubbles burst starting in the fall of 1989. Equity values plunged 60% from late 1989 to August 1992,2whileland valuesdropped throughout the 1990s, falling an incredible 70% by 2001.3\nThe Bank of Japan's Interest Rate Mistakes\nIt is generally acknowledged that theBank of Japan(BoJ), Japan'scentral bank, made several mistakes that may have added to and prolonged the negative effects of the bursting of the equity and real estate bubbles.\nFor example, monetary policy was stop-and-go; concerned aboutinflationand asset prices, the Bank of Japan put the brakes on themoney supplyin the late 1980s, which may have contributed to the bursting of the equity bubble. Then, as equity values fell, the BoJ continued to raise interest rates because it remained concerned with still-appreciating real estate values.4\nHigher interest rates contributed to the end of rising land prices, but they also helped the overall economy slide into a downward spiral. In 1991, as equity and land prices fell, the Bank of Japan dramatically reversed course and began to cut interest rates.5But it was too late, aliquiditytrap had already been set, and a credit crunch was setting in.\nA Liquidity Trap\nA liquidity trap is an economic scenario in which households and investors sit on cash; either in short-term accounts or literally as cash on hand.\nThey might do this for a few reasons: they have no confidence that they can earn a higherrate of returnby investing, they believedeflationis on the horizon (cash will increase in value relative to fixed assets), or deflation already exists. All three reasons are highly correlated, and under such circumstances, household and investor beliefs become reality.\nIn a liquidity trap, low interest rates, as a matter ofmonetary policy, become ineffective. People and investors simply don't spend or invest. They believe goods and services will be cheaper tomorrow, so they wait to consume, and they believe they can earn a better return by simply sitting on their money than by investing it. The Bank of Japan'sdiscount ratewas 0.5% for much of the 1990s, but it failed to stimulate the Japanese economy, and deflation persisted.6\nBreaking Out of a Liquidity Trap\nTo break out of a liquidity trap, households and businesses have to be willing to spend and invest. One way of getting them to do so is throughfiscal policy. Governments can give money directly to consumers through reductions intax rates, issuances of tax rebates, and public spending.\nJapan tried several fiscal policy measures to break out of its liquidity trap, but it is generally believed that these measures were not executed well—money was wasted on inefficient public works projects and given to failing businesses. Most economists agree that for fiscal stimulus policy to be effective, money must be allocated efficiently. In other words, let the market decide where to spend and invest by placing money directly in the hands of consumers. (For related reading, check outWhat Is Fiscal Policy?)\nAnother way to break out of the liquidity trap is to \"re-inflate\" the economy by increasing the actual supply of money as opposed to targetingnominal interest rates. A central bank can inject money into an economy without regard for an established target interest rate (such as thefed funds ratein the U.S.) through the purchase ofgovernment bondsinopen-market operations.\nThis is when a central bank purchases a bond, in which case it effectively exchanges it for cash, which increases the money supply. This is known as themonetizationof debt. (It should be noted that open-market operations are also used to attain and maintain target interest rates, but when a central bank monetizes the debt, it does so without regard for a target interest rate.) (To learn more, readHow do central banks inject money into the economy?)\nIn 2001, the Bank of Japan began to target the money supply instead of interest rates, which helped to moderate deflation and stimulateeconomic growth.5 However, when a central bank injects money into thefinancial system, banks are left with more money on hand, but also must be willing to lend that money out. This brings us to the next problem Japan faced: a credit crunch.\nCredit Crunch\nA credit crunch is an economic scenario in which banks have tightened lending requirements and for the most part, do not lend.\nThey may not lend for several reasons, including: 1) the need to hold onto reserves in order repair theirbalance sheetsafter suffering loses, which happened to Japanese banks that had invested heavily in real estate, and 2) there might be a generalpullbackin risk-taking, which happened in the United States in 2007 and 2008 asfinancial institutionsthat initially suffered losses related tosubprime mortgagelending pulled back in all types of lending, deleveraged their balance sheets, and generally sought to reduce their levels of risk in all areas.\nCalculated risk-taking and lending is the life-blood of afree marketeconomy. When capital is put to work, jobs are created, spending increases, efficiencies are discovered (productivity increases), and the economy grows. On the other hand, when banks are reluctant to lend, it is difficult for the economy to grow.\nIn the same manner that a liquidity trap leads to deflation, a credit crunch is also conducive to deflation as banks are unwilling to lend, and therefore consumers and businesses are unable to spend, causing prices to fall.\nSolutions to a Credit Crunch\nJapan also suffered from a credit crunch in the 1990s and Japanese banks were slow to take losses. Even though public funds were made available to banks to restructure their balance sheets, they failed to do so because of the fear of stigma associated with revealing long-concealed losses and the fear of losing control to foreign investors.7 To break out of a credit crunch, bank losses must be recognized, the banking system must be transparent, and banks must gain confidence in their ability to assess and manage risk.\nClearly, deflation causes a lot of problems. When asset prices are falling, households and investors hoard cash because cash will be worth more tomorrow than it is today. This creates a liquidity trap. When asset prices fall, the value ofcollateralbacking loans falls, which in turn leads to bank losses. When banks suffer losses, they stop lending, creating a credit crunch.\nMost of the time, we think ofinflationas a very bad economic problem, which it can be, but re-inflating an economy might be precisely what is needed to avoid prolonged periods of slow growth such as what Japan experienced in the 1990s.\nThe problem is that re-inflating an economy isn't easy, especially when banks are unwilling to lend. Notable American economistMilton Friedmansuggested that the way to avoid a liquidity trap is by bypassingfinancial intermediariesand giving money directly to individuals to spend. This is known as \"helicopter money,\" because the theory is that a central bank could literally drop money from a helicopter.8 This also suggests that regardless of which country you live in, life is all about being in the right place at the right time.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190417802,"gmtCreate":1620643606006,"gmtModify":1634197475652,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Does tiger support purchase of tsmc?","listText":"Does tiger support purchase of tsmc?","text":"Does tiger support purchase of tsmc?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/190417802","repostId":"1156665940","repostType":4,"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185927769,"gmtCreate":1623631192451,"gmtModify":1631893917229,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Daily mission&nbsp;","listText":"Daily mission&nbsp;","text":"Daily mission","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185927769","repostId":"1146430910","repostType":4,"isVote":1,"tweetType":1,"viewCount":1814,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185922018,"gmtCreate":1623631078134,"gmtModify":1631888875749,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/1B0.SI\">$MM2 ASIA LTD.(1B0.SI)$</a>&nbsp;10c soon?","listText":"<a href=\"https://laohu8.com/S/1B0.SI\">$MM2 ASIA LTD.(1B0.SI)$</a>&nbsp;10c soon?","text":"$MM2 ASIA LTD.(1B0.SI)$ 10c soon?","images":[{"img":"https://static.tigerbbs.com/9f402b1179758cede45244b4fedad198","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185922018","isVote":1,"tweetType":1,"viewCount":609,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":182699341,"gmtCreate":1623566375383,"gmtModify":1631893917230,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Testing 1 2 3","listText":"Testing 1 2 3","text":"Testing 1 2 3","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/182699341","repostId":"2142112788","repostType":4,"isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135313391,"gmtCreate":1622130470713,"gmtModify":1634183558673,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Hopefully can even break 25 before it fizzle off. Lolol","listText":"Hopefully can even break 25 before it fizzle off. Lolol","text":"Hopefully can even break 25 before it fizzle off. Lolol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/135313391","repostId":"1145940037","repostType":2,"repost":{"id":"1145940037","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622128786,"share":"https://www.laohu8.com/m/news/1145940037?lang=zh_CN&edition=full","pubTime":"2021-05-27 23:19","market":"us","language":"en","title":"AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021<blockquote>AMC股价一度上涨20%，使得2021年至今涨幅扩大至1000%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1145940037","media":"Tiger Newspress","summary":"Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.Meme stocks s","content":"<p>Today&nbsp;AMC&nbsp;shares&nbsp;once&nbsp;rose&nbsp;20%，making the growth rate expanded to 1000%&nbsp;so far in 2021.</p><p><blockquote>如今AMC股价一度上涨20%，使得2021年至今涨幅扩大至1000%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/3b8e58d91fa49e69cdf6288d5b6c520a\" tg-width=\"813\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Meme&nbsp;stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.</p><p><blockquote>今年早些时候，游戏驿站和AMC Entertainment等模因股票在Reddit的r/WallStreetBets论坛上成为散户投资者关注的焦点，随着Reddit交易员试图推高股价，它们又迎来了一波上涨。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021<blockquote>AMC股价一度上涨20%，使得2021年至今涨幅扩大至1000%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021<blockquote>AMC股价一度上涨20%，使得2021年至今涨幅扩大至1000%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-05-27 23:19</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Today&nbsp;AMC&nbsp;shares&nbsp;once&nbsp;rose&nbsp;20%，making the growth rate expanded to 1000%&nbsp;so far in 2021.</p><p><blockquote>如今AMC股价一度上涨20%，使得2021年至今涨幅扩大至1000%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/3b8e58d91fa49e69cdf6288d5b6c520a\" tg-width=\"813\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Meme&nbsp;stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.</p><p><blockquote>今年早些时候，游戏驿站和AMC Entertainment等模因股票在Reddit的r/WallStreetBets论坛上成为散户投资者关注的焦点，随着Reddit交易员试图推高股价，它们又迎来了一波上涨。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145940037","content_text":"Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.Meme stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199471492,"gmtCreate":1620731047116,"gmtModify":1634196784453,"author":{"id":"3577652204546825","authorId":"3577652204546825","name":"hecticdays","avatar":"https://static.tigerbbs.com/8fd8036a8bd7c98592ce38a2bfe7de0f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577652204546825","idStr":"3577652204546825"},"themes":[],"htmlText":"Bellloo","listText":"Bellloo","text":"Bellloo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/199471492","repostId":"2134655294","repostType":4,"isVote":1,"tweetType":1,"viewCount":864,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}