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56CcLim
2021-12-23
Great ariticle, would you like to share it?
@谋定后动:美联储将每月购债规模从300亿减少到150亿,并且暗示2022年将加息三次,这一切都在市场的沙盘推演中,鲍威尔还摆出了鸽派姿态说如果经济放缓,他们会放慢甚至取消加息。市场高悬的心一下子放下来了,这两个星期被打压的高科技权重股开始了V型反转。然而资本市场总有幺蛾子,美联储安抚市场的声音话落未完,英国佬却猛地一记闷棍打过来:英国提前加息,把基准利率提高了15个基点。刚刚平息的水再度沸腾了起来,受利率影响最大的纳指QQQ以全周下跌近3%收场。QQQ一周走势其实美联储的首要职责是维护美国经济的平稳健康发展,他们不会故意拉抬股市,也肯定不会砸盘。对于那些美联储的高官来说,光荣退休或者青史留名才是他们的人生目标。别听《货币战争》的那些忽悠,说什么美联储是某几个组织或者家族操控的,为的是维护一小撮人的利益。这一类靠阴谋论来解释理解世界的观点的格局都太小了。这个观点会或许和现在的某些宣传也大相径庭。但是对于我们普通美股投资者而言,越早理解这点就能越早了解美股运行的这个底层逻辑。市场上总有你赚不完的钱这一年下来,老虎APP绝对是我手机中霸屏最长时间的APP。大跌的时候半夜上厕所起来会刷一下,大涨的时候星期六日也会有事没事也会进去刷一下。今年钱是赚到一些,眼睛的度数却是深了[笑哭] 市场上每天都有赚钱的机会,你不在的时候,地球一样在转,股市也是一样潮起潮落。这样我也想明白了,好好休息一段时间,陪陪家人,看看书,别整天想着股票,何况股市里的劳模是没有全勤奖金的。这个星期的操作这个星期的计划原本是等美联储的决议出来以后再做打算,但是看到COINBASE和特斯拉跌成这个样子,实在按耐不住抄底的冲动,壮着单子加仓了特斯拉和COIN的Put,还有特斯拉和微软的正股。$Teladoc Heal
56CcLim
2021-12-18
Metaverse
抱歉,原内容已删除
56CcLim
2021-12-18
Still need more recovery
Wall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote>
56CcLim
2021-11-25
Say easy... Follow!!!
Worried About A Market Crash? Here Are 3 Things You Can Do<blockquote>担心市场崩盘?您可以做以下3件事</blockquote>
56CcLim
2021-08-03
wow
抱歉,原内容已删除
56CcLim
2021-07-17
Oh yeah
抱歉,原内容已删除
56CcLim
2021-07-11
Fear
A crazy week for U.S. stocks came with a change in the market narrative -- should investors believe it?<blockquote>美股疯狂的一周伴随着市场叙事的变化——投资者应该相信吗?</blockquote>
56CcLim
2021-06-19
//
@56CcLim
: Omg
抱歉,原内容已删除
56CcLim
2021-06-13
Omg
抱歉,原内容已删除
56CcLim
2021-06-13
Good
抱歉,原内容已删除
56CcLim
2021-06-13
Oic
抱歉,原内容已删除
去老虎APP查看更多动态
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Heal</a>","text":"美联储将每月购债规模从300亿减少到150亿,并且暗示2022年将加息三次,这一切都在市场的沙盘推演中,鲍威尔还摆出了鸽派姿态说如果经济放缓,他们会放慢甚至取消加息。市场高悬的心一下子放下来了,这两个星期被打压的高科技权重股开始了V型反转。然而资本市场总有幺蛾子,美联储安抚市场的声音话落未完,英国佬却猛地一记闷棍打过来:英国提前加息,把基准利率提高了15个基点。刚刚平息的水再度沸腾了起来,受利率影响最大的纳指QQQ以全周下跌近3%收场。QQQ一周走势其实美联储的首要职责是维护美国经济的平稳健康发展,他们不会故意拉抬股市,也肯定不会砸盘。对于那些美联储的高官来说,光荣退休或者青史留名才是他们的人生目标。别听《货币战争》的那些忽悠,说什么美联储是某几个组织或者家族操控的,为的是维护一小撮人的利益。这一类靠阴谋论来解释理解世界的观点的格局都太小了。这个观点会或许和现在的某些宣传也大相径庭。但是对于我们普通美股投资者而言,越早理解这点就能越早了解美股运行的这个底层逻辑。市场上总有你赚不完的钱这一年下来,老虎APP绝对是我手机中霸屏最长时间的APP。大跌的时候半夜上厕所起来会刷一下,大涨的时候星期六日也会有事没事也会进去刷一下。今年钱是赚到一些,眼睛的度数却是深了[笑哭] 市场上每天都有赚钱的机会,你不在的时候,地球一样在转,股市也是一样潮起潮落。这样我也想明白了,好好休息一段时间,陪陪家人,看看书,别整天想着股票,何况股市里的劳模是没有全勤奖金的。这个星期的操作这个星期的计划原本是等美联储的决议出来以后再做打算,但是看到COINBASE和特斯拉跌成这个样子,实在按耐不住抄底的冲动,壮着单子加仓了特斯拉和COIN的Put,还有特斯拉和微软的正股。$Teladoc 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need more recovery","listText":"Still need more recovery","text":"Still need more recovery","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699656799","repostId":"1116106959","repostType":4,"repost":{"id":"1116106959","kind":"news","pubTimestamp":1639785552,"share":"https://www.laohu8.com/m/news/1116106959?lang=zh_CN&edition=full","pubTime":"2021-12-18 07:59","market":"us","language":"en","title":"Wall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116106959","media":"Reuters","summary":" - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.The S","content":"<p>(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.</p><p><blockquote>(路透社)-华尔街周五收低,受大型科技股拖累,投资者担心奥密克戎冠状病毒变种,并更快消化美联储结束大流行时期刺激措施的决定。</blockquote></p><p> All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.</p><p><blockquote>在美联储周三暗示在2022年底前加息三次0.25个百分点以应对通胀飙升后,美国三大主要股指本周均收跌。</blockquote></p><p> Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.</p><p><blockquote>英伟达下跌2.1%,Alphabet下跌1.9%,均令标普500和纳斯达克承压。</blockquote></p><p> The S&P 500 growth index lost 0.7% and the value index declined 1.4%.</p><p><blockquote>标普500增长指数下跌0.7%,价值指数下跌1.4%。</blockquote></p><p> All of the 11 major S&P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.</p><p><blockquote>标普500 11大板块指数悉数下跌,金融股跌幅2.3%领跌。能源下跌2.2%。</blockquote></p><p> Adding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.</p><p><blockquote>辉瑞周五表示,疫情可能会持续到明年,这增加了不确定性。欧洲国家为进一步的旅行和社会限制做好了准备,一项研究警告说,迅速传播的奥密克戎冠状病毒变种重新感染人类的可能性是其前身达美航空的五倍。</blockquote></p><p> Traders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.</p><p><blockquote>交易员还指出,年终税收抛售以及股票期权、股指期货和指数期权合约同时到期——被称为三重巫术——是波动的潜在原因。</blockquote></p><p> \"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"</p><p><blockquote>新泽西州查塔姆Themis Trading交易联席经理Joe Saluzzi表示:“这是一个重要的期权到期日。”“现在你在此基础上利用一些奥密克戎,就会出现波动,我认为这给投资者带来了很多不确定性。今年年底你打算在哪里定位?”</blockquote></p><p> Heavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&P 500 index gained around 23% in the same period.</p><p><blockquote>包括英伟达和微软在内的权重成长股在2021年的表现优于大盘,而费城SE半导体指数则飙升了约35%。基准标普500指数同期上涨约23%。</blockquote></p><p> In Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&P 500 lost 1.03% to 4,620.64.</p><p><blockquote>周五交易中,道琼斯工业平均指数下跌1.48%,收于35,365.44点,标普500下跌1.03%,收于4,620.64点。</blockquote></p><p> The Nasdaq Composite dropped 0.07% to 15,169.68.</p><p><blockquote>纳斯达克综合指数下跌0.07%,至15,169.68点。</blockquote></p><p> On a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.</p><p><blockquote>积极的一面是,小盘股罗素2000指数在从11月初的历史高点下跌超过10%后,上涨了1%。</blockquote></p><p> With options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.</p><p><blockquote>随着期权到期,美国交易所的成交量跃升至166亿股,远高于过去20个交易日119亿股的平均水平。</blockquote></p><p> For the week, the S&P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.</p><p><blockquote>本周,标普500下跌1.9%,道琼斯指数下跌1.7%,纳斯达克下跌2.9%。</blockquote></p><p> In Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.</p><p><blockquote>周五交易中,甲骨文股价下跌6.4%,此前《华尔街日报》报道称,这家企业软件制造商正在就收购电子医疗记录公司Cerner进行谈判,交易价值可能达到300亿美元。Cerner股价飙升12.9%。</blockquote></p><p> FedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.</p><p><blockquote>尽管持续的劳工困境削弱了利润,但联邦快递公司周四恢复了最初的2022财年预测,该公司股价上涨近5%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所下跌股与上涨股的比例为1.50比1;在纳斯达克,1.16比1的比率有利于上涨者。</blockquote></p><p> The S&P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.</p><p><blockquote>标普500创下22个52周新高和7个新低;纳斯达克综合指数录得28个新高和341个新低。</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>Wall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 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\">\nWall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-12-18 07:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.</p><p><blockquote>(路透社)-华尔街周五收低,受大型科技股拖累,投资者担心奥密克戎冠状病毒变种,并更快消化美联储结束大流行时期刺激措施的决定。</blockquote></p><p> All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.</p><p><blockquote>在美联储周三暗示在2022年底前加息三次0.25个百分点以应对通胀飙升后,美国三大主要股指本周均收跌。</blockquote></p><p> Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.</p><p><blockquote>英伟达下跌2.1%,Alphabet下跌1.9%,均令标普500和纳斯达克承压。</blockquote></p><p> The S&P 500 growth index lost 0.7% and the value index declined 1.4%.</p><p><blockquote>标普500增长指数下跌0.7%,价值指数下跌1.4%。</blockquote></p><p> All of the 11 major S&P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.</p><p><blockquote>标普500 11大板块指数悉数下跌,金融股跌幅2.3%领跌。能源下跌2.2%。</blockquote></p><p> Adding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.</p><p><blockquote>辉瑞周五表示,疫情可能会持续到明年,这增加了不确定性。欧洲国家为进一步的旅行和社会限制做好了准备,一项研究警告说,迅速传播的奥密克戎冠状病毒变种重新感染人类的可能性是其前身达美航空的五倍。</blockquote></p><p> Traders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.</p><p><blockquote>交易员还指出,年终税收抛售以及股票期权、股指期货和指数期权合约同时到期——被称为三重巫术——是波动的潜在原因。</blockquote></p><p> \"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"</p><p><blockquote>新泽西州查塔姆Themis Trading交易联席经理Joe Saluzzi表示:“这是一个重要的期权到期日。”“现在你在此基础上利用一些奥密克戎,就会出现波动,我认为这给投资者带来了很多不确定性。今年年底你打算在哪里定位?”</blockquote></p><p> Heavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&P 500 index gained around 23% in the same period.</p><p><blockquote>包括英伟达和微软在内的权重成长股在2021年的表现优于大盘,而费城SE半导体指数则飙升了约35%。基准标普500指数同期上涨约23%。</blockquote></p><p> In Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&P 500 lost 1.03% to 4,620.64.</p><p><blockquote>周五交易中,道琼斯工业平均指数下跌1.48%,收于35,365.44点,标普500下跌1.03%,收于4,620.64点。</blockquote></p><p> The Nasdaq Composite dropped 0.07% to 15,169.68.</p><p><blockquote>纳斯达克综合指数下跌0.07%,至15,169.68点。</blockquote></p><p> On a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.</p><p><blockquote>积极的一面是,小盘股罗素2000指数在从11月初的历史高点下跌超过10%后,上涨了1%。</blockquote></p><p> With options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.</p><p><blockquote>随着期权到期,美国交易所的成交量跃升至166亿股,远高于过去20个交易日119亿股的平均水平。</blockquote></p><p> For the week, the S&P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.</p><p><blockquote>本周,标普500下跌1.9%,道琼斯指数下跌1.7%,纳斯达克下跌2.9%。</blockquote></p><p> In Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.</p><p><blockquote>周五交易中,甲骨文股价下跌6.4%,此前《华尔街日报》报道称,这家企业软件制造商正在就收购电子医疗记录公司Cerner进行谈判,交易价值可能达到300亿美元。Cerner股价飙升12.9%。</blockquote></p><p> FedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.</p><p><blockquote>尽管持续的劳工困境削弱了利润,但联邦快递公司周四恢复了最初的2022财年预测,该公司股价上涨近5%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所下跌股与上涨股的比例为1.50比1;在纳斯达克,1.16比1的比率有利于上涨者。</blockquote></p><p> The S&P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.</p><p><blockquote>标普500创下22个52周新高和7个新低;纳斯达克综合指数录得28个新高和341个新低。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-ends-212015460.html\">Reuters</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-ends-212015460.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116106959","content_text":"(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.\nAll three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.\nNvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.\nThe S&P 500 growth index lost 0.7% and the value index declined 1.4%.\nAll of the 11 major S&P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.\nAdding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.\nTraders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.\n\"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"\nHeavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&P 500 index gained around 23% in the same period.\nIn Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&P 500 lost 1.03% to 4,620.64.\nThe Nasdaq Composite dropped 0.07% to 15,169.68.\nOn a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.\nWith options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.\nFor the week, the S&P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.\nIn Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.\nFedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.\nThe S&P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874563863,"gmtCreate":1637802345321,"gmtModify":1637802345321,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Say easy... Follow!!! ","listText":"Say easy... Follow!!! ","text":"Say easy... Follow!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":22,"repostSize":0,"link":"https://laohu8.com/post/874563863","repostId":"1100178242","repostType":4,"repost":{"id":"1100178242","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1637920008,"share":"https://www.laohu8.com/m/news/1100178242?lang=zh_CN&edition=full","pubTime":"2021-11-26 17:46","market":"us","language":"en","title":"Worried About A Market Crash? Here Are 3 Things You Can Do<blockquote>担心市场崩盘?您可以做以下3件事</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100178242","media":"Benzinga","summary":"COVID-19, a worry that investors had pushed down their list of top concerns in recent months, has so","content":"<p>COVID-19, a worry that investors had pushed down their list of top concerns in recent months, has soared back up to the number one spot as a new variant spreads across South Africa.</p><p><blockquote>随着一种新变种在南非蔓延,投资者近几个月来一直关注的新冠肺炎问题已飙升至第一位。</blockquote></p><p> Asia stocks outside Japan slid over 2%, Europe and U.S. stock futures are down sharply, oil prices drops almost 5%, the safe-haven yen is up around three-quarters of a percent, and U.S. Treasury yields are down almost 10 basis points.</p><p><blockquote>日本以外的亚洲股市下跌超过2%,欧洲和美国股指期货大幅下跌,油价下跌近5%,避险日元上涨约四分之三,美国国债收益率下跌近10个基点。</blockquote></p><p> Little is known of the variant, detected in South Africa, Botswana and Hong Kong, but scientists reckon it has an unusual combination of mutations and may be able to evade immune responses or make it more transmissible.</p><p><blockquote>人们对这种在南非、博茨瓦纳和香港发现的变种知之甚少,但科学家认为它具有不寻常的突变组合,可能能够逃避免疫反应或使其更具传染性。</blockquote></p><p> The news comes as Europe already battles a resurgent COVID-19 outbreak, triggering fresh restrictions that raise uncertainty over the near-term economic outlook.</p><p><blockquote>这一消息发布之际,欧洲已经在与死灰复燃的COVID-19疫情作斗争,引发了新的限制措施,增加了近期经济前景的不确定性。</blockquote></p><p> Thin liquidity following Thursday's U.S. Thanksgiving Day holiday likely exacerbates price moves for sure, but there's little doubt overnight headlines have taken markets by surprise on Friday.</p><p><blockquote>周四美国感恩节假期后流动性紧张肯定会加剧价格走势,但毫无疑问,隔夜头条新闻周五让市场感到意外。</blockquote></p><p> It’s been another great year for investors, with the <b>SPDR S&P 500 ETF Trust</b> up another 25.4% on the year. The S&P 500 has also made it more than a year since its last 10% correction, and some investors are growing concerned that a combination of historically high stock valuations, rising inflation, the COVID-19 variant and the possibility that aggressive Federal Reserve tightening could trigger a market crash in the next couple of quarters.</p><p><blockquote>对于投资者来说,今年又是伟大的一年,<b>SPDR标普500 ETF信托</b>同比再增长25.4%。标普500自上次调整10%以来也已经过去了一年多,一些投资者越来越担心,历史高位的股票估值、通胀上升、COVID-19变种以及美联储激进紧缩的可能性可能会在未来几个季度引发市场崩盘。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f999347452cfb2fdd30570431642cb9\" tg-width=\"685\" tg-height=\"375\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Historically, the S&P 500 has averaged about one 10% pullback per yearsince 1950. Long-term investors have no reason to fear temporary market pullbacks, but there are ways to prepare for the next stock market crash to reduce your risk and take advantage of the potential buying opportunity. Here are three things to do before the next stock market crash.</p><p><blockquote>从历史上看,自1950年以来,标普500平均每年回调约10%。长期投资者没有理由担心暂时的市场回调,但有一些方法可以为下一次股市崩盘做好准备,以降低风险并利用潜在的买入机会。在下一次股市崩盘之前,这里有三件事要做。</blockquote></p><p> <b>1. Diversify Your Portfolio</b></p><p><blockquote><b>1.分散投资组合</b></blockquote></p><p> Not all market sectors and asset classes take the same hit when the stock market crashes, but it’s difficult to predict beforehand which stocks will be hit hardest. The market crash in 2008 hit bank and housing stocks hardest, while the crash in 2020 was particularly bad for travel and retail stocks. Growth stocks also tend to take a harder hit than value stocks during market crashes. By diversifying your portfolio into different types of stocks, bonds, commodities and other investments, you are ensuring that your portfolio won’t be overexposed to the worst parts of the next market crash or underexposed to any investments that may avoid the sell-off.</p><p><blockquote>当股市崩盘时,并非所有市场部门和资产类别都受到同样的打击,但很难事先预测哪些股票将受到最严重的打击。2008年的市场崩盘对银行和房地产股的打击最为严重,而2020年的崩盘对旅游和零售股的打击尤其严重。在市场崩盘期间,成长型股票也往往比价值型股票受到更严重的打击。通过将投资组合分散到不同类型的股票、债券、大宗商品和其他投资,您可以确保您的投资组合不会过度暴露于下一次市场崩盘最糟糕的部分,也不会暴露于任何可能避免抛售的投资。</blockquote></p><p> <b>2. Raise Cash</b></p><p><blockquote><b>2、筹集现金</b></blockquote></p><p> There have been countless pullbacks, crashes and recessions throughout history. One strategy that has worked every single time for long-term investors during those periods is buying the dip. But to buy the dip, you must have cash or margin available.</p><p><blockquote>历史上出现过无数次回调、崩盘和衰退。在这些时期,对长期投资者每次都有效的一种策略是逢低买入。但要逢低买入,你必须有现金或保证金。</blockquote></p><p> If you are 100% invested, your hands will be tied and your only option may be tosell stockat the worst possible time. Market crashes are nearly impossible to predict, so there’s no need to dump all your stocks now and transition to all cash. But raising the amount of cash in your account to 10%, 20% or whatever level makes you feel more comfortable allows you to be opportunistic when the next crash happens.</p><p><blockquote>如果你100%投资,你的手将被束缚,你唯一的选择可能是在最糟糕的时候卖出股票。市场崩盘几乎不可能预测,因此现在没有必要抛售所有股票并转向所有现金。但将账户中的现金金额提高到10%、20%或任何让您感觉更舒服的水平,可以让您在下一次崩盘发生时投机取巧。</blockquote></p><p> <b>3. Maintain A Watch List</b></p><p><blockquote><b>3.维护观察名单</b></blockquote></p><p> Investors tend to not make the best, most rational decisions during the worst of a stock market crash. It’s best if you have a plan of action before the crash so that you aren’t trying to make emotional decisions when it seems like the sky is falling.</p><p><blockquote>在股市崩盘最严重的时候,投资者往往不会做出最好、最理性的决定。如果你在坠机前有一个行动计划是最好的,这样你就不会在天要塌下来的时候试图做出情绪化的决定。</blockquote></p><p> Before the stock market turns south, make a list of stocks you may potentially be interested in buying on the dip. Research these companies and vet them prior to the crash so that all you have to do when the opportunity to buy the dip arises is click that “buy” button.</p><p><blockquote>在股市下跌之前,列出一份您可能有兴趣逢低买入的股票清单。在崩盘前研究这些公司并对其进行审查,这样当逢低买入的机会出现时,您所要做的就是点击“买入”按钮。</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>Worried About A Market Crash? Here Are 3 Things You Can Do<blockquote>担心市场崩盘?您可以做以下3件事</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\">\nWorried About A Market Crash? Here Are 3 Things You Can Do<blockquote>担心市场崩盘?您可以做以下3件事</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-11-26 17:46</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>COVID-19, a worry that investors had pushed down their list of top concerns in recent months, has soared back up to the number one spot as a new variant spreads across South Africa.</p><p><blockquote>随着一种新变种在南非蔓延,投资者近几个月来一直关注的新冠肺炎问题已飙升至第一位。</blockquote></p><p> Asia stocks outside Japan slid over 2%, Europe and U.S. stock futures are down sharply, oil prices drops almost 5%, the safe-haven yen is up around three-quarters of a percent, and U.S. Treasury yields are down almost 10 basis points.</p><p><blockquote>日本以外的亚洲股市下跌超过2%,欧洲和美国股指期货大幅下跌,油价下跌近5%,避险日元上涨约四分之三,美国国债收益率下跌近10个基点。</blockquote></p><p> Little is known of the variant, detected in South Africa, Botswana and Hong Kong, but scientists reckon it has an unusual combination of mutations and may be able to evade immune responses or make it more transmissible.</p><p><blockquote>人们对这种在南非、博茨瓦纳和香港发现的变种知之甚少,但科学家认为它具有不寻常的突变组合,可能能够逃避免疫反应或使其更具传染性。</blockquote></p><p> The news comes as Europe already battles a resurgent COVID-19 outbreak, triggering fresh restrictions that raise uncertainty over the near-term economic outlook.</p><p><blockquote>这一消息发布之际,欧洲已经在与死灰复燃的COVID-19疫情作斗争,引发了新的限制措施,增加了近期经济前景的不确定性。</blockquote></p><p> Thin liquidity following Thursday's U.S. Thanksgiving Day holiday likely exacerbates price moves for sure, but there's little doubt overnight headlines have taken markets by surprise on Friday.</p><p><blockquote>周四美国感恩节假期后流动性紧张肯定会加剧价格走势,但毫无疑问,隔夜头条新闻周五让市场感到意外。</blockquote></p><p> It’s been another great year for investors, with the <b>SPDR S&P 500 ETF Trust</b> up another 25.4% on the year. The S&P 500 has also made it more than a year since its last 10% correction, and some investors are growing concerned that a combination of historically high stock valuations, rising inflation, the COVID-19 variant and the possibility that aggressive Federal Reserve tightening could trigger a market crash in the next couple of quarters.</p><p><blockquote>对于投资者来说,今年又是伟大的一年,<b>SPDR标普500 ETF信托</b>同比再增长25.4%。标普500自上次调整10%以来也已经过去了一年多,一些投资者越来越担心,历史高位的股票估值、通胀上升、COVID-19变种以及美联储激进紧缩的可能性可能会在未来几个季度引发市场崩盘。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f999347452cfb2fdd30570431642cb9\" tg-width=\"685\" tg-height=\"375\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Historically, the S&P 500 has averaged about one 10% pullback per yearsince 1950. Long-term investors have no reason to fear temporary market pullbacks, but there are ways to prepare for the next stock market crash to reduce your risk and take advantage of the potential buying opportunity. Here are three things to do before the next stock market crash.</p><p><blockquote>从历史上看,自1950年以来,标普500平均每年回调约10%。长期投资者没有理由担心暂时的市场回调,但有一些方法可以为下一次股市崩盘做好准备,以降低风险并利用潜在的买入机会。在下一次股市崩盘之前,这里有三件事要做。</blockquote></p><p> <b>1. Diversify Your Portfolio</b></p><p><blockquote><b>1.分散投资组合</b></blockquote></p><p> Not all market sectors and asset classes take the same hit when the stock market crashes, but it’s difficult to predict beforehand which stocks will be hit hardest. The market crash in 2008 hit bank and housing stocks hardest, while the crash in 2020 was particularly bad for travel and retail stocks. Growth stocks also tend to take a harder hit than value stocks during market crashes. By diversifying your portfolio into different types of stocks, bonds, commodities and other investments, you are ensuring that your portfolio won’t be overexposed to the worst parts of the next market crash or underexposed to any investments that may avoid the sell-off.</p><p><blockquote>当股市崩盘时,并非所有市场部门和资产类别都受到同样的打击,但很难事先预测哪些股票将受到最严重的打击。2008年的市场崩盘对银行和房地产股的打击最为严重,而2020年的崩盘对旅游和零售股的打击尤其严重。在市场崩盘期间,成长型股票也往往比价值型股票受到更严重的打击。通过将投资组合分散到不同类型的股票、债券、大宗商品和其他投资,您可以确保您的投资组合不会过度暴露于下一次市场崩盘最糟糕的部分,也不会暴露于任何可能避免抛售的投资。</blockquote></p><p> <b>2. Raise Cash</b></p><p><blockquote><b>2、筹集现金</b></blockquote></p><p> There have been countless pullbacks, crashes and recessions throughout history. One strategy that has worked every single time for long-term investors during those periods is buying the dip. But to buy the dip, you must have cash or margin available.</p><p><blockquote>历史上出现过无数次回调、崩盘和衰退。在这些时期,对长期投资者每次都有效的一种策略是逢低买入。但要逢低买入,你必须有现金或保证金。</blockquote></p><p> If you are 100% invested, your hands will be tied and your only option may be tosell stockat the worst possible time. Market crashes are nearly impossible to predict, so there’s no need to dump all your stocks now and transition to all cash. But raising the amount of cash in your account to 10%, 20% or whatever level makes you feel more comfortable allows you to be opportunistic when the next crash happens.</p><p><blockquote>如果你100%投资,你的手将被束缚,你唯一的选择可能是在最糟糕的时候卖出股票。市场崩盘几乎不可能预测,因此现在没有必要抛售所有股票并转向所有现金。但将账户中的现金金额提高到10%、20%或任何让您感觉更舒服的水平,可以让您在下一次崩盘发生时投机取巧。</blockquote></p><p> <b>3. Maintain A Watch List</b></p><p><blockquote><b>3.维护观察名单</b></blockquote></p><p> Investors tend to not make the best, most rational decisions during the worst of a stock market crash. It’s best if you have a plan of action before the crash so that you aren’t trying to make emotional decisions when it seems like the sky is falling.</p><p><blockquote>在股市崩盘最严重的时候,投资者往往不会做出最好、最理性的决定。如果你在坠机前有一个行动计划是最好的,这样你就不会在天要塌下来的时候试图做出情绪化的决定。</blockquote></p><p> Before the stock market turns south, make a list of stocks you may potentially be interested in buying on the dip. Research these companies and vet them prior to the crash so that all you have to do when the opportunity to buy the dip arises is click that “buy” button.</p><p><blockquote>在股市下跌之前,列出一份您可能有兴趣逢低买入的股票清单。在崩盘前研究这些公司并对其进行审查,这样当逢低买入的机会出现时,您所要做的就是点击“买入”按钮。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100178242","content_text":"COVID-19, a worry that investors had pushed down their list of top concerns in recent months, has soared back up to the number one spot as a new variant spreads across South Africa.\nAsia stocks outside Japan slid over 2%, Europe and U.S. stock futures are down sharply, oil prices drops almost 5%, the safe-haven yen is up around three-quarters of a percent, and U.S. Treasury yields are down almost 10 basis points.\nLittle is known of the variant, detected in South Africa, Botswana and Hong Kong, but scientists reckon it has an unusual combination of mutations and may be able to evade immune responses or make it more transmissible.\nThe news comes as Europe already battles a resurgent COVID-19 outbreak, triggering fresh restrictions that raise uncertainty over the near-term economic outlook.\nThin liquidity following Thursday's U.S. Thanksgiving Day holiday likely exacerbates price moves for sure, but there's little doubt overnight headlines have taken markets by surprise on Friday.\nIt’s been another great year for investors, with the SPDR S&P 500 ETF Trust up another 25.4% on the year. The S&P 500 has also made it more than a year since its last 10% correction, and some investors are growing concerned that a combination of historically high stock valuations, rising inflation, the COVID-19 variant and the possibility that aggressive Federal Reserve tightening could trigger a market crash in the next couple of quarters.\n\nHistorically, the S&P 500 has averaged about one 10% pullback per yearsince 1950. Long-term investors have no reason to fear temporary market pullbacks, but there are ways to prepare for the next stock market crash to reduce your risk and take advantage of the potential buying opportunity. Here are three things to do before the next stock market crash.\n1. Diversify Your Portfolio\nNot all market sectors and asset classes take the same hit when the stock market crashes, but it’s difficult to predict beforehand which stocks will be hit hardest. The market crash in 2008 hit bank and housing stocks hardest, while the crash in 2020 was particularly bad for travel and retail stocks. Growth stocks also tend to take a harder hit than value stocks during market crashes. By diversifying your portfolio into different types of stocks, bonds, commodities and other investments, you are ensuring that your portfolio won’t be overexposed to the worst parts of the next market crash or underexposed to any investments that may avoid the sell-off.\n2. Raise Cash\nThere have been countless pullbacks, crashes and recessions throughout history. One strategy that has worked every single time for long-term investors during those periods is buying the dip. But to buy the dip, you must have cash or margin available.\nIf you are 100% invested, your hands will be tied and your only option may be tosell stockat the worst possible time. Market crashes are nearly impossible to predict, so there’s no need to dump all your stocks now and transition to all cash. But raising the amount of cash in your account to 10%, 20% or whatever level makes you feel more comfortable allows you to be opportunistic when the next crash happens.\n3. Maintain A Watch List\nInvestors tend to not make the best, most rational decisions during the worst of a stock market crash. It’s best if you have a plan of action before the crash so that you aren’t trying to make emotional decisions when it seems like the sky is falling.\nBefore the stock market turns south, make a list of stocks you may potentially be interested in buying on the dip. Research these companies and vet them prior to the crash so that all you have to do when the opportunity to buy the dip arises is click that “buy” button.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":804656496,"gmtCreate":1627955389115,"gmtModify":1633754922339,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":74,"repostSize":0,"link":"https://laohu8.com/post/804656496","repostId":"1171705978","repostType":4,"isVote":1,"tweetType":1,"viewCount":878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170723905,"gmtCreate":1626452949207,"gmtModify":1633926581659,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Oh yeah","listText":"Oh yeah","text":"Oh yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":18,"repostSize":0,"link":"https://laohu8.com/post/170723905","repostId":"1149577900","repostType":4,"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148354972,"gmtCreate":1625935781996,"gmtModify":1633931481345,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Fear","listText":"Fear","text":"Fear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/148354972","repostId":"2150053623","repostType":4,"repost":{"id":"2150053623","kind":"highlight","pubTimestamp":1625883910,"share":"https://www.laohu8.com/m/news/2150053623?lang=zh_CN&edition=full","pubTime":"2021-07-10 10:25","market":"us","language":"en","title":"A crazy week for U.S. stocks came with a change in the market narrative -- should investors believe it?<blockquote>美股疯狂的一周伴随着市场叙事的变化——投资者应该相信吗?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2150053623","media":"MarketWatch","summary":"Investors must decide whether they believe stalling economic growth is a bigger threat than an infla","content":"<p>Investors must decide whether they believe stalling economic growth is a bigger threat than an inflation surge</p><p><blockquote>投资者必须决定他们是否认为经济增长停滞是比通胀飙升更大的威胁</blockquote></p><p> <img src=\"https://static.tigerbbs.com/32ec205cf1616aaba5573cc40240a899\" tg-width=\"1260\" tg-height=\"876\"></p><p><blockquote></blockquote></p><p> Fears of runaway inflation have been swapped for worries about a rapid slowdown in global economic growth -- and that made for one very long, holiday-shortened week for U.S. investors -- but is this new narrative the right <a href=\"https://laohu8.com/S/AONE.U\">one</a> ?</p><p><blockquote>对通货膨胀失控的担忧已经被对全球经济增长迅速放缓的担忧所取代——这使得美国投资者度过了一个漫长的假期——但这种新的说法正确吗<a href=\"https://laohu8.com/S/AONE.U\">一</a>?</blockquote></p><p> A Treasury debt rally became a buying frenzy , sending long-term yields sharply lower. That took any remaining wind out of the sails of the so-called reflation trade, which had favored shares of more cyclically sensitive companies expected to benefit the most from rising prices and accelerating economic growth.</p><p><blockquote>国债反弹变成了买盘狂潮,导致长期收益率大幅走低。这使得所谓的通货再膨胀交易失去了任何剩余的动力,该交易青睐对周期性更敏感的公司的股票,预计这些公司将从价格上涨和经济增长加速中受益最多。</blockquote></p><p> What changed? There are three important elements to the shift in the market narrative, said Lauren Goodwin, economist and portfolio strategist at New York Life Investments, which has $605 billion in assets under management.</p><p><blockquote>什么变了?管理着6050亿美元资产的纽约人寿投资公司(New York Life Investments)经济学家兼投资组合策略师劳伦·古德温(Lauren Goodwin)表示,市场叙事的转变有三个重要因素。</blockquote></p><p> The first is a perceived change in the way the Federal Reserve reacts to data, with investors no longer looking for policy makers to be as tolerant of economic overheating and rising inflation as previously thought, she said. The second is that while economic growth is expected to remain strong, the pace of growth is expected to have peaked . Third, there are worries the spread of the delta and other variants of the coronavirus that causes COVID-19 could force a renewed round of restrictions that will weigh on global economic activity.</p><p><blockquote>她表示,首先是美联储对数据的反应方式发生了明显的变化,投资者不再希望政策制定者像之前认为的那样容忍经济过热和通胀上升。二是虽然经济增长预计将保持强劲,但增长速度预计已经见顶。第三,人们担心导致新冠肺炎的三角洲和其他冠状病毒变种的传播可能会迫使新一轮限制,这将给全球经济活动带来压力。</blockquote></p><p> \"Together, that's a very different consensus market narrative than we had a few weeks ago, when the focus was all about stimulus and overheating,\" Goodwin said, in a phone interview, noting that investors must now ask: \"Is this new narrative the right one?\"</p><p><blockquote>古德温在接受电话采访时表示:“总的来说,这与几周前的市场共识叙事截然不同,当时的焦点都是刺激和过热。”他指出,投资者现在必须问:“这种新的叙事是正确的吗?”一个?”</blockquote></p><p> The real pain in the past week was in the Treasury market, where a rally drove long-term yields sharply lower and prices higher. Much of that rally was attributed to forced short covering by Treasury bears, who had feared inflation, creating something of a feeding frenzy, driving the 10-year yield to a five-month low below 1.25% on Thursday before finally relenting.</p><p><blockquote>过去一周真正的痛苦在于美国国债市场,该市场的反弹导致长期收益率大幅下跌,价格上涨。此次上涨很大程度上归因于美国国债空头被迫进行空头回补,他们担心通胀,造成了某种程度的买入狂潮,周四将10年期国债收益率推至1.25%以下的五个月低点,然后最终回落。</blockquote></p><p> But analysts said the move, at least in part, also reflected legitimate concerns over the global economic growth outlook .</p><p><blockquote>但分析师表示,此举至少在一定程度上也反映了对全球经济增长前景的合理担忧。</blockquote></p><p> That Thursday dive in yields, and accompanying growth fears, triggered a broad stock-market selloff that saw the S&P 500 and Nasdaq Composite retreat from all-time highs, while the Dow Jones Industrial Average shed more than 500 points at its session low. Stocks trimmed losses by the close and then pushed higher Friday, with all three major indexes finishing at records .</p><p><blockquote>周四收益率暴跌以及随之而来的增长担忧引发了股市大范围抛售,标普500和纳斯达克综合指数从历史高点回落,而道琼斯工业平均指数则在盘中低点下跌了500多点。周五股市收盘时收复跌幅,然后走高,三大股指均创历史新高。</blockquote></p><p> One casualty was the stock market reflation trade. The small-cap Russell 2000 index RUT (#phrase-company?ref=COMPANY%7CRUT;onlineSignificance=passing-mention) fell 1.1% for a second straight week of losses, while the tech-heavy Nasdaq-100 saw a 0.4% weekly rise. Value stocks underperformed, with the Russell 1000 Value Index falling 0.3%, while the Russell 1000 Growth Index rose 1%.</p><p><blockquote>其中一个受害者是股市通货再膨胀交易。小盘股罗素2000指数RUT(#phrase-company?ref=company%7CRUT;onlineSignificance=passing-mention)连续第二周下跌1.1%,而以科技股为主的纳斯达克100指数周上涨0.4%。价值股表现不佳,罗素1000价值指数下跌0.3%,罗素1000成长指数上涨1%。</blockquote></p><p> \"The 'reflation' and 'rotation' trades -- associated with optimism about rapid, broad-based economic recovery from the pandemic and higher inflation -- has arguably been flagging since as long ago as the end of the first quarter, but clearly took another hit this week,\" said Oliver Jones, senior markets economist at research firm Capital Economics, in a Friday note.</p><p><blockquote>研究公司凯投宏观(Capital Economics)高级市场经济学家奥利弗·琼斯(Oliver Jones)在周五的一份报告中表示:“‘通货再膨胀’和‘轮换’交易——与对经济从大流行和通胀上升中快速、广泛复苏的乐观情绪相关——可以说早在第一季度末就一直在萎靡不振,但显然受到了打击。”</blockquote></p><p> Sectors, like energy and financials, and factors, such as value, that benefited most from the reflation/rotation narrative have underperformed, he noted.</p><p><blockquote>他指出,从通货再膨胀/轮动叙事中受益最多的能源和金融等行业以及价值等因素表现不佳。</blockquote></p><p> Jones argued that it makes sense for optimism about the U.S. economic recovery to top out as supply constraints bite into activity. And global growth expectations may also see pressure, with China's economy likely to continue to disappoint.</p><p><blockquote>琼斯认为,随着供应限制影响经济活动,对美国经济复苏的乐观情绪达到顶峰是有道理的。全球增长预期也可能面临压力,中国经济可能继续令人失望。</blockquote></p><p> At the same time, the U.S. economy remains on track for a very strong recovery in absolute terms, far exceeding the one that followed the global financial crisis of 2008. And core inflation in the U.S. may prove somewhat more persistent than anticipated, he argued.</p><p><blockquote>与此同时,从绝对值来看,美国经济仍有望实现非常强劲的复苏,远远超过2008年全球金融危机后的复苏。他认为,美国的核心通胀可能比预期更加持久。</blockquote></p><p> That sets the stage for a scenario in which \"the rotation/reflation trade label may become progressively less useful in the coming quarters,\" he said.</p><p><blockquote>他表示,这为“轮换/通货再膨胀贸易标签在未来几个季度可能会逐渐变得不那么有用”的情况奠定了基础。</blockquote></p><p> In particular, parts of the trade, including rapid gains in most stock markets and outperformance by energy companies is likely over for now, he said, while the drop in Treasury yields is probably an \"overreaction\" given the path of growth and inflation in the U.S.</p><p><blockquote>他表示,特别是部分交易,包括大多数股市的快速上涨和能源公司的优异表现,目前可能已经结束,而考虑到美国的增长和通胀路径,美国国债收益率的下降可能是“过度反应”。</blockquote></p><p> Investors will get a look at evidence on both the inflation and growth front in the coming week. The June consumer-price index is set for release Tuesday, while a producer-price reading is set for Wednesday. A raft of other economic data is due over the course of the week, including June retail sales figures on Friday.</p><p><blockquote>投资者将在未来一周看到通胀和增长方面的证据。6月份消费者价格指数定于周二发布,生产者价格指数定于周三发布。本周将公布大量其他经济数据,包括周五公布的6月份零售销售数据。</blockquote></p><p></p><p> And then there's the start of the corporate earnings reporting season, which is expected to offer another peak as profits roared in the second quarter relative to the early days of the pandemic last year.</p><p><blockquote>然后是企业财报季的开始,预计将迎来另一个高峰,因为与去年大流行初期相比,第二季度的利润大幅增长。</blockquote></p><p> \"With earnings season kicking off next week, the bar is set quite high and corporate America better produce another stellar quarter or there could be some disappointed bulls,\" said Ryan Detrick, chief market strategist at LPL Financial, after Friday's record close.</p><p><blockquote>LPL Financial首席市场策略师瑞安·德特里克(Ryan Detrick)在周五创纪录的收盘价后表示:“随着下周财报季的开始,标准设定得相当高,美国企业界最好再创辉煌的季度,否则可能会出现一些失望的多头。”</blockquote></p><p> Goodwin said the choice for investors boils down to either leaning into the old narrative that benefits cyclical stocks and shorter duration assets or the new one that expects economic growth to prove more sluggish and anemic, much as it was before the pandemic, favoring growth stocks and defensive sectors.</p><p><blockquote>古德温表示,投资者的选择可以归结为要么倾向于有利于周期性股票和短期资产的旧说法,要么倾向于预计经济增长将更加低迷和乏力的新说法,就像大流行之前一样,有利于成长型股票和防御性股票部门。</blockquote></p><p> The best response, however, may be a little bit of both, Goodwin said.</p><p><blockquote>然而,古德温说,最好的反应可能是两者兼而有之。</blockquote></p><p> Reflation likely still has some room to run in the near term. Distribution of child tax credit payments will begin later this month, while labor shortages may be alleviated in coming months as children return to school and additional unemployment benefits expire, she said, while consumers are sitting on sizable savings.</p><p><blockquote>通货再膨胀在短期内可能仍有一定的运行空间。她表示,儿童税收抵免付款的分配将于本月晚些时候开始,而随着儿童重返校园和额外失业救济金到期,劳动力短缺可能会在未来几个月得到缓解,而消费者则坐拥可观的储蓄。</blockquote></p><p> At the same time, growth and inflation are peaking, she said, and valuations are stretched across asset classes. While still maintaining a cyclical tilt, the changing backdrop calls for a more balanced approach to portfolios, she said.</p><p><blockquote>她表示,与此同时,增长和通胀正在见顶,各资产类别的估值都在扩大。她表示,虽然仍保持周期性倾斜,但不断变化的背景为采取更平衡的投资组合方法提供了评级。</blockquote></p><p> Investors need to look closely at sectors and individual companies that can leverage changing trends and pass rising prices on to consumers, she said, in a more selective environment rather than one in which a rising tide raises all boats.</p><p><blockquote>她表示,投资者需要在更具选择性的环境中,而不是水涨船高的环境中,密切关注能够利用不断变化的趋势并将价格上涨转嫁给消费者的行业和个别公司。</blockquote></p><p></p>","source":"lsy1603348471595","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>A crazy week for U.S. stocks came with a change in the market narrative -- should investors believe it?<blockquote>美股疯狂的一周伴随着市场叙事的变化——投资者应该相信吗?</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA crazy week for U.S. stocks came with a change in the market narrative -- should investors believe it?<blockquote>美股疯狂的一周伴随着市场叙事的变化——投资者应该相信吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-10 10:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Investors must decide whether they believe stalling economic growth is a bigger threat than an inflation surge</p><p><blockquote>投资者必须决定他们是否认为经济增长停滞是比通胀飙升更大的威胁</blockquote></p><p> <img src=\"https://static.tigerbbs.com/32ec205cf1616aaba5573cc40240a899\" tg-width=\"1260\" tg-height=\"876\"></p><p><blockquote></blockquote></p><p> Fears of runaway inflation have been swapped for worries about a rapid slowdown in global economic growth -- and that made for one very long, holiday-shortened week for U.S. investors -- but is this new narrative the right <a href=\"https://laohu8.com/S/AONE.U\">one</a> ?</p><p><blockquote>对通货膨胀失控的担忧已经被对全球经济增长迅速放缓的担忧所取代——这使得美国投资者度过了一个漫长的假期——但这种新的说法正确吗<a href=\"https://laohu8.com/S/AONE.U\">一</a>?</blockquote></p><p> A Treasury debt rally became a buying frenzy , sending long-term yields sharply lower. That took any remaining wind out of the sails of the so-called reflation trade, which had favored shares of more cyclically sensitive companies expected to benefit the most from rising prices and accelerating economic growth.</p><p><blockquote>国债反弹变成了买盘狂潮,导致长期收益率大幅走低。这使得所谓的通货再膨胀交易失去了任何剩余的动力,该交易青睐对周期性更敏感的公司的股票,预计这些公司将从价格上涨和经济增长加速中受益最多。</blockquote></p><p> What changed? There are three important elements to the shift in the market narrative, said Lauren Goodwin, economist and portfolio strategist at New York Life Investments, which has $605 billion in assets under management.</p><p><blockquote>什么变了?管理着6050亿美元资产的纽约人寿投资公司(New York Life Investments)经济学家兼投资组合策略师劳伦·古德温(Lauren Goodwin)表示,市场叙事的转变有三个重要因素。</blockquote></p><p> The first is a perceived change in the way the Federal Reserve reacts to data, with investors no longer looking for policy makers to be as tolerant of economic overheating and rising inflation as previously thought, she said. The second is that while economic growth is expected to remain strong, the pace of growth is expected to have peaked . Third, there are worries the spread of the delta and other variants of the coronavirus that causes COVID-19 could force a renewed round of restrictions that will weigh on global economic activity.</p><p><blockquote>她表示,首先是美联储对数据的反应方式发生了明显的变化,投资者不再希望政策制定者像之前认为的那样容忍经济过热和通胀上升。二是虽然经济增长预计将保持强劲,但增长速度预计已经见顶。第三,人们担心导致新冠肺炎的三角洲和其他冠状病毒变种的传播可能会迫使新一轮限制,这将给全球经济活动带来压力。</blockquote></p><p> \"Together, that's a very different consensus market narrative than we had a few weeks ago, when the focus was all about stimulus and overheating,\" Goodwin said, in a phone interview, noting that investors must now ask: \"Is this new narrative the right one?\"</p><p><blockquote>古德温在接受电话采访时表示:“总的来说,这与几周前的市场共识叙事截然不同,当时的焦点都是刺激和过热。”他指出,投资者现在必须问:“这种新的叙事是正确的吗?”一个?”</blockquote></p><p> The real pain in the past week was in the Treasury market, where a rally drove long-term yields sharply lower and prices higher. Much of that rally was attributed to forced short covering by Treasury bears, who had feared inflation, creating something of a feeding frenzy, driving the 10-year yield to a five-month low below 1.25% on Thursday before finally relenting.</p><p><blockquote>过去一周真正的痛苦在于美国国债市场,该市场的反弹导致长期收益率大幅下跌,价格上涨。此次上涨很大程度上归因于美国国债空头被迫进行空头回补,他们担心通胀,造成了某种程度的买入狂潮,周四将10年期国债收益率推至1.25%以下的五个月低点,然后最终回落。</blockquote></p><p> But analysts said the move, at least in part, also reflected legitimate concerns over the global economic growth outlook .</p><p><blockquote>但分析师表示,此举至少在一定程度上也反映了对全球经济增长前景的合理担忧。</blockquote></p><p> That Thursday dive in yields, and accompanying growth fears, triggered a broad stock-market selloff that saw the S&P 500 and Nasdaq Composite retreat from all-time highs, while the Dow Jones Industrial Average shed more than 500 points at its session low. Stocks trimmed losses by the close and then pushed higher Friday, with all three major indexes finishing at records .</p><p><blockquote>周四收益率暴跌以及随之而来的增长担忧引发了股市大范围抛售,标普500和纳斯达克综合指数从历史高点回落,而道琼斯工业平均指数则在盘中低点下跌了500多点。周五股市收盘时收复跌幅,然后走高,三大股指均创历史新高。</blockquote></p><p> One casualty was the stock market reflation trade. The small-cap Russell 2000 index RUT (#phrase-company?ref=COMPANY%7CRUT;onlineSignificance=passing-mention) fell 1.1% for a second straight week of losses, while the tech-heavy Nasdaq-100 saw a 0.4% weekly rise. Value stocks underperformed, with the Russell 1000 Value Index falling 0.3%, while the Russell 1000 Growth Index rose 1%.</p><p><blockquote>其中一个受害者是股市通货再膨胀交易。小盘股罗素2000指数RUT(#phrase-company?ref=company%7CRUT;onlineSignificance=passing-mention)连续第二周下跌1.1%,而以科技股为主的纳斯达克100指数周上涨0.4%。价值股表现不佳,罗素1000价值指数下跌0.3%,罗素1000成长指数上涨1%。</blockquote></p><p> \"The 'reflation' and 'rotation' trades -- associated with optimism about rapid, broad-based economic recovery from the pandemic and higher inflation -- has arguably been flagging since as long ago as the end of the first quarter, but clearly took another hit this week,\" said Oliver Jones, senior markets economist at research firm Capital Economics, in a Friday note.</p><p><blockquote>研究公司凯投宏观(Capital Economics)高级市场经济学家奥利弗·琼斯(Oliver Jones)在周五的一份报告中表示:“‘通货再膨胀’和‘轮换’交易——与对经济从大流行和通胀上升中快速、广泛复苏的乐观情绪相关——可以说早在第一季度末就一直在萎靡不振,但显然受到了打击。”</blockquote></p><p> Sectors, like energy and financials, and factors, such as value, that benefited most from the reflation/rotation narrative have underperformed, he noted.</p><p><blockquote>他指出,从通货再膨胀/轮动叙事中受益最多的能源和金融等行业以及价值等因素表现不佳。</blockquote></p><p> Jones argued that it makes sense for optimism about the U.S. economic recovery to top out as supply constraints bite into activity. And global growth expectations may also see pressure, with China's economy likely to continue to disappoint.</p><p><blockquote>琼斯认为,随着供应限制影响经济活动,对美国经济复苏的乐观情绪达到顶峰是有道理的。全球增长预期也可能面临压力,中国经济可能继续令人失望。</blockquote></p><p> At the same time, the U.S. economy remains on track for a very strong recovery in absolute terms, far exceeding the one that followed the global financial crisis of 2008. And core inflation in the U.S. may prove somewhat more persistent than anticipated, he argued.</p><p><blockquote>与此同时,从绝对值来看,美国经济仍有望实现非常强劲的复苏,远远超过2008年全球金融危机后的复苏。他认为,美国的核心通胀可能比预期更加持久。</blockquote></p><p> That sets the stage for a scenario in which \"the rotation/reflation trade label may become progressively less useful in the coming quarters,\" he said.</p><p><blockquote>他表示,这为“轮换/通货再膨胀贸易标签在未来几个季度可能会逐渐变得不那么有用”的情况奠定了基础。</blockquote></p><p> In particular, parts of the trade, including rapid gains in most stock markets and outperformance by energy companies is likely over for now, he said, while the drop in Treasury yields is probably an \"overreaction\" given the path of growth and inflation in the U.S.</p><p><blockquote>他表示,特别是部分交易,包括大多数股市的快速上涨和能源公司的优异表现,目前可能已经结束,而考虑到美国的增长和通胀路径,美国国债收益率的下降可能是“过度反应”。</blockquote></p><p> Investors will get a look at evidence on both the inflation and growth front in the coming week. The June consumer-price index is set for release Tuesday, while a producer-price reading is set for Wednesday. A raft of other economic data is due over the course of the week, including June retail sales figures on Friday.</p><p><blockquote>投资者将在未来一周看到通胀和增长方面的证据。6月份消费者价格指数定于周二发布,生产者价格指数定于周三发布。本周将公布大量其他经济数据,包括周五公布的6月份零售销售数据。</blockquote></p><p></p><p> And then there's the start of the corporate earnings reporting season, which is expected to offer another peak as profits roared in the second quarter relative to the early days of the pandemic last year.</p><p><blockquote>然后是企业财报季的开始,预计将迎来另一个高峰,因为与去年大流行初期相比,第二季度的利润大幅增长。</blockquote></p><p> \"With earnings season kicking off next week, the bar is set quite high and corporate America better produce another stellar quarter or there could be some disappointed bulls,\" said Ryan Detrick, chief market strategist at LPL Financial, after Friday's record close.</p><p><blockquote>LPL Financial首席市场策略师瑞安·德特里克(Ryan Detrick)在周五创纪录的收盘价后表示:“随着下周财报季的开始,标准设定得相当高,美国企业界最好再创辉煌的季度,否则可能会出现一些失望的多头。”</blockquote></p><p> Goodwin said the choice for investors boils down to either leaning into the old narrative that benefits cyclical stocks and shorter duration assets or the new one that expects economic growth to prove more sluggish and anemic, much as it was before the pandemic, favoring growth stocks and defensive sectors.</p><p><blockquote>古德温表示,投资者的选择可以归结为要么倾向于有利于周期性股票和短期资产的旧说法,要么倾向于预计经济增长将更加低迷和乏力的新说法,就像大流行之前一样,有利于成长型股票和防御性股票部门。</blockquote></p><p> The best response, however, may be a little bit of both, Goodwin said.</p><p><blockquote>然而,古德温说,最好的反应可能是两者兼而有之。</blockquote></p><p> Reflation likely still has some room to run in the near term. Distribution of child tax credit payments will begin later this month, while labor shortages may be alleviated in coming months as children return to school and additional unemployment benefits expire, she said, while consumers are sitting on sizable savings.</p><p><blockquote>通货再膨胀在短期内可能仍有一定的运行空间。她表示,儿童税收抵免付款的分配将于本月晚些时候开始,而随着儿童重返校园和额外失业救济金到期,劳动力短缺可能会在未来几个月得到缓解,而消费者则坐拥可观的储蓄。</blockquote></p><p> At the same time, growth and inflation are peaking, she said, and valuations are stretched across asset classes. While still maintaining a cyclical tilt, the changing backdrop calls for a more balanced approach to portfolios, she said.</p><p><blockquote>她表示,与此同时,增长和通胀正在见顶,各资产类别的估值都在扩大。她表示,虽然仍保持周期性倾斜,但不断变化的背景为采取更平衡的投资组合方法提供了评级。</blockquote></p><p> Investors need to look closely at sectors and individual companies that can leverage changing trends and pass rising prices on to consumers, she said, in a more selective environment rather than one in which a rising tide raises all boats.</p><p><blockquote>她表示,投资者需要在更具选择性的环境中,而不是水涨船高的环境中,密切关注能够利用不断变化的趋势并将价格上涨转嫁给消费者的行业和个别公司。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/a-crazy-week-for-u-s-stocks-came-with-a-change-in-the-market-narrative-should-investors-believe-it-11625865324?mod=home-page\">MarketWatch</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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/a-crazy-week-for-u-s-stocks-came-with-a-change-in-the-market-narrative-should-investors-believe-it-11625865324?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150053623","content_text":"Investors must decide whether they believe stalling economic growth is a bigger threat than an inflation surge\n\nFears of runaway inflation have been swapped for worries about a rapid slowdown in global economic growth -- and that made for one very long, holiday-shortened week for U.S. investors -- but is this new narrative the right one ?\nA Treasury debt rally became a buying frenzy , sending long-term yields sharply lower. That took any remaining wind out of the sails of the so-called reflation trade, which had favored shares of more cyclically sensitive companies expected to benefit the most from rising prices and accelerating economic growth.\nWhat changed? There are three important elements to the shift in the market narrative, said Lauren Goodwin, economist and portfolio strategist at New York Life Investments, which has $605 billion in assets under management.\nThe first is a perceived change in the way the Federal Reserve reacts to data, with investors no longer looking for policy makers to be as tolerant of economic overheating and rising inflation as previously thought, she said. The second is that while economic growth is expected to remain strong, the pace of growth is expected to have peaked . Third, there are worries the spread of the delta and other variants of the coronavirus that causes COVID-19 could force a renewed round of restrictions that will weigh on global economic activity.\n\"Together, that's a very different consensus market narrative than we had a few weeks ago, when the focus was all about stimulus and overheating,\" Goodwin said, in a phone interview, noting that investors must now ask: \"Is this new narrative the right one?\"\nThe real pain in the past week was in the Treasury market, where a rally drove long-term yields sharply lower and prices higher. Much of that rally was attributed to forced short covering by Treasury bears, who had feared inflation, creating something of a feeding frenzy, driving the 10-year yield to a five-month low below 1.25% on Thursday before finally relenting.\nBut analysts said the move, at least in part, also reflected legitimate concerns over the global economic growth outlook .\nThat Thursday dive in yields, and accompanying growth fears, triggered a broad stock-market selloff that saw the S&P 500 and Nasdaq Composite retreat from all-time highs, while the Dow Jones Industrial Average shed more than 500 points at its session low. Stocks trimmed losses by the close and then pushed higher Friday, with all three major indexes finishing at records .\nOne casualty was the stock market reflation trade. The small-cap Russell 2000 index RUT (#phrase-company?ref=COMPANY%7CRUT;onlineSignificance=passing-mention) fell 1.1% for a second straight week of losses, while the tech-heavy Nasdaq-100 saw a 0.4% weekly rise. Value stocks underperformed, with the Russell 1000 Value Index falling 0.3%, while the Russell 1000 Growth Index rose 1%.\n\"The 'reflation' and 'rotation' trades -- associated with optimism about rapid, broad-based economic recovery from the pandemic and higher inflation -- has arguably been flagging since as long ago as the end of the first quarter, but clearly took another hit this week,\" said Oliver Jones, senior markets economist at research firm Capital Economics, in a Friday note.\nSectors, like energy and financials, and factors, such as value, that benefited most from the reflation/rotation narrative have underperformed, he noted.\nJones argued that it makes sense for optimism about the U.S. economic recovery to top out as supply constraints bite into activity. And global growth expectations may also see pressure, with China's economy likely to continue to disappoint.\nAt the same time, the U.S. economy remains on track for a very strong recovery in absolute terms, far exceeding the one that followed the global financial crisis of 2008. And core inflation in the U.S. may prove somewhat more persistent than anticipated, he argued.\nThat sets the stage for a scenario in which \"the rotation/reflation trade label may become progressively less useful in the coming quarters,\" he said.\nIn particular, parts of the trade, including rapid gains in most stock markets and outperformance by energy companies is likely over for now, he said, while the drop in Treasury yields is probably an \"overreaction\" given the path of growth and inflation in the U.S.\nInvestors will get a look at evidence on both the inflation and growth front in the coming week. The June consumer-price index is set for release Tuesday, while a producer-price reading is set for Wednesday. A raft of other economic data is due over the course of the week, including June retail sales figures on Friday.\nAnd then there's the start of the corporate earnings reporting season, which is expected to offer another peak as profits roared in the second quarter relative to the early days of the pandemic last year.\n\"With earnings season kicking off next week, the bar is set quite high and corporate America better produce another stellar quarter or there could be some disappointed bulls,\" said Ryan Detrick, chief market strategist at LPL Financial, after Friday's record close.\nGoodwin said the choice for investors boils down to either leaning into the old narrative that benefits cyclical stocks and shorter duration assets or the new one that expects economic growth to prove more sluggish and anemic, much as it was before the pandemic, favoring growth stocks and defensive sectors.\nThe best response, however, may be a little bit of both, Goodwin said.\nReflation likely still has some room to run in the near term. Distribution of child tax credit payments will begin later this month, while labor shortages may be alleviated in coming months as children return to school and additional unemployment benefits expire, she said, while consumers are sitting on sizable savings.\nAt the same time, growth and inflation are peaking, she said, and valuations are stretched across asset classes. While still maintaining a cyclical tilt, the changing backdrop calls for a more balanced approach to portfolios, she said.\nInvestors need to look closely at sectors and individual companies that can leverage changing trends and pass rising prices on to consumers, she said, in a more selective environment rather than one in which a rising tide raises all boats.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":633,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165368658,"gmtCreate":1624097002674,"gmtModify":1634010722189,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"//<a 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Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":14,"repostSize":0,"link":"https://laohu8.com/post/165368658","repostId":"2143788707","repostType":4,"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182256634,"gmtCreate":1623581227028,"gmtModify":1634031440006,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/182256634","repostId":"2143788707","repostType":4,"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182256890,"gmtCreate":1623581217910,"gmtModify":1634031440128,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/182256890","repostId":"2143788707","repostType":4,"isVote":1,"tweetType":1,"viewCount":769,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182256907,"gmtCreate":1623581157509,"gmtModify":1634031440373,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Oic","listText":"Oic","text":"Oic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182256907","repostId":"2142204074","repostType":4,"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":804656496,"gmtCreate":1627955389115,"gmtModify":1633754922339,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":74,"repostSize":0,"link":"https://laohu8.com/post/804656496","repostId":"1171705978","repostType":4,"isVote":1,"tweetType":1,"viewCount":878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":691297546,"gmtCreate":1640191665620,"gmtModify":1640191665620,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":21,"repostSize":0,"link":"https://laohu8.com/post/691297546","repostId":"699610203","repostType":1,"repost":{"id":699610203,"gmtCreate":1639790693807,"gmtModify":1639816584382,"author":{"id":"3556673506813374","authorId":"3556673506813374","name":"谋定后动","avatar":"https://static.tigerbbs.com/865a6ec8ea0c03d186fb7dab736911ae","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3556673506813374","idStr":"3556673506813374"},"themes":[],"title":"【我的每周计划】2021年第50周 - 休息是为了走更远的路","htmlText":"\n \n \n 美联储将每月购债规模从300亿减少到150亿,并且暗示2022年将加息三次,这一切都在市场的沙盘推演中,鲍威尔还摆出了鸽派姿态说如果经济放缓,他们会放慢甚至取消加息。市场高悬的心一下子放下来了,这两个星期被打压的高科技权重股开始了V型反转。然而资本市场总有幺蛾子,美联储安抚市场的声音话落未完,英国佬却猛地一记闷棍打过来:英国提前加息,把基准利率提高了15个基点。刚刚平息的水再度沸腾了起来,受利率影响最大的纳指QQQ以全周下跌近3%收场。QQQ一周走势其实美联储的首要职责是维护美国经济的平稳健康发展,他们不会故意拉抬股市,也肯定不会砸盘。对于那些美联储的高官来说,光荣退休或者青史留名才是他们的人生目标。别听《货币战争》的那些忽悠,说什么美联储是某几个组织或者家族操控的,为的是维护一小撮人的利益。这一类靠阴谋论来解释理解世界的观点的格局都太小了。这个观点会或许和现在的某些宣传也大相径庭。但是对于我们普通美股投资者而言,越早理解这点就能越早了解美股运行的这个底层逻辑。市场上总有你赚不完的钱这一年下来,老虎APP绝对是我手机中霸屏最长时间的APP。大跌的时候半夜上厕所起来会刷一下,大涨的时候星期六日也会有事没事也会进去刷一下。今年钱是赚到一些,眼睛的度数却是深了[笑哭] 市场上每天都有赚钱的机会,你不在的时候,地球一样在转,股市也是一样潮起潮落。这样我也想明白了,好好休息一段时间,陪陪家人,看看书,别整天想着股票,何况股市里的劳模是没有全勤奖金的。这个星期的操作这个星期的计划原本是等美联储的决议出来以后再做打算,但是看到COINBASE和特斯拉跌成这个样子,实在按耐不住抄底的冲动,壮着单子加仓了特斯拉和COIN的Put,还有特斯拉和微软的正股。<a target=\"_blank\" href=\"https://laohu8.com/S/TDOC\">$Teladoc Heal</a>\n \n","listText":"美联储将每月购债规模从300亿减少到150亿,并且暗示2022年将加息三次,这一切都在市场的沙盘推演中,鲍威尔还摆出了鸽派姿态说如果经济放缓,他们会放慢甚至取消加息。市场高悬的心一下子放下来了,这两个星期被打压的高科技权重股开始了V型反转。然而资本市场总有幺蛾子,美联储安抚市场的声音话落未完,英国佬却猛地一记闷棍打过来:英国提前加息,把基准利率提高了15个基点。刚刚平息的水再度沸腾了起来,受利率影响最大的纳指QQQ以全周下跌近3%收场。QQQ一周走势其实美联储的首要职责是维护美国经济的平稳健康发展,他们不会故意拉抬股市,也肯定不会砸盘。对于那些美联储的高官来说,光荣退休或者青史留名才是他们的人生目标。别听《货币战争》的那些忽悠,说什么美联储是某几个组织或者家族操控的,为的是维护一小撮人的利益。这一类靠阴谋论来解释理解世界的观点的格局都太小了。这个观点会或许和现在的某些宣传也大相径庭。但是对于我们普通美股投资者而言,越早理解这点就能越早了解美股运行的这个底层逻辑。市场上总有你赚不完的钱这一年下来,老虎APP绝对是我手机中霸屏最长时间的APP。大跌的时候半夜上厕所起来会刷一下,大涨的时候星期六日也会有事没事也会进去刷一下。今年钱是赚到一些,眼睛的度数却是深了[笑哭] 市场上每天都有赚钱的机会,你不在的时候,地球一样在转,股市也是一样潮起潮落。这样我也想明白了,好好休息一段时间,陪陪家人,看看书,别整天想着股票,何况股市里的劳模是没有全勤奖金的。这个星期的操作这个星期的计划原本是等美联储的决议出来以后再做打算,但是看到COINBASE和特斯拉跌成这个样子,实在按耐不住抄底的冲动,壮着单子加仓了特斯拉和COIN的Put,还有特斯拉和微软的正股。<a target=\"_blank\" href=\"https://laohu8.com/S/TDOC\">$Teladoc Heal</a>","text":"美联储将每月购债规模从300亿减少到150亿,并且暗示2022年将加息三次,这一切都在市场的沙盘推演中,鲍威尔还摆出了鸽派姿态说如果经济放缓,他们会放慢甚至取消加息。市场高悬的心一下子放下来了,这两个星期被打压的高科技权重股开始了V型反转。然而资本市场总有幺蛾子,美联储安抚市场的声音话落未完,英国佬却猛地一记闷棍打过来:英国提前加息,把基准利率提高了15个基点。刚刚平息的水再度沸腾了起来,受利率影响最大的纳指QQQ以全周下跌近3%收场。QQQ一周走势其实美联储的首要职责是维护美国经济的平稳健康发展,他们不会故意拉抬股市,也肯定不会砸盘。对于那些美联储的高官来说,光荣退休或者青史留名才是他们的人生目标。别听《货币战争》的那些忽悠,说什么美联储是某几个组织或者家族操控的,为的是维护一小撮人的利益。这一类靠阴谋论来解释理解世界的观点的格局都太小了。这个观点会或许和现在的某些宣传也大相径庭。但是对于我们普通美股投资者而言,越早理解这点就能越早了解美股运行的这个底层逻辑。市场上总有你赚不完的钱这一年下来,老虎APP绝对是我手机中霸屏最长时间的APP。大跌的时候半夜上厕所起来会刷一下,大涨的时候星期六日也会有事没事也会进去刷一下。今年钱是赚到一些,眼睛的度数却是深了[笑哭] 市场上每天都有赚钱的机会,你不在的时候,地球一样在转,股市也是一样潮起潮落。这样我也想明白了,好好休息一段时间,陪陪家人,看看书,别整天想着股票,何况股市里的劳模是没有全勤奖金的。这个星期的操作这个星期的计划原本是等美联储的决议出来以后再做打算,但是看到COINBASE和特斯拉跌成这个样子,实在按耐不住抄底的冲动,壮着单子加仓了特斯拉和COIN的Put,还有特斯拉和微软的正股。$Teladoc Heal","images":[{"img":"https://static.tigerbbs.com/0de7e7c819d82a1cfc43346a51bfdc2b","width":"0","height":"0"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699610203","isVote":1,"tweetType":2,"object":{"id":"49d03b3a2c5c462382bf907df45452e1","tweetId":"699610203","videoUrl":"https://1254107296.vod2.myqcloud.com/8a1ed91dvodsgp1254107296/9b6e7837387702292731535594/cyEv9SHoCa0A.mp4","poster":"https://static.tigerbbs.com/0de7e7c819d82a1cfc43346a51bfdc2b"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":9,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":997,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874563863,"gmtCreate":1637802345321,"gmtModify":1637802345321,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Say easy... Follow!!! ","listText":"Say easy... Follow!!! ","text":"Say easy... Follow!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":22,"repostSize":0,"link":"https://laohu8.com/post/874563863","repostId":"1100178242","repostType":4,"repost":{"id":"1100178242","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1637920008,"share":"https://www.laohu8.com/m/news/1100178242?lang=zh_CN&edition=full","pubTime":"2021-11-26 17:46","market":"us","language":"en","title":"Worried About A Market Crash? Here Are 3 Things You Can Do<blockquote>担心市场崩盘?您可以做以下3件事</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100178242","media":"Benzinga","summary":"COVID-19, a worry that investors had pushed down their list of top concerns in recent months, has so","content":"<p>COVID-19, a worry that investors had pushed down their list of top concerns in recent months, has soared back up to the number one spot as a new variant spreads across South Africa.</p><p><blockquote>随着一种新变种在南非蔓延,投资者近几个月来一直关注的新冠肺炎问题已飙升至第一位。</blockquote></p><p> Asia stocks outside Japan slid over 2%, Europe and U.S. stock futures are down sharply, oil prices drops almost 5%, the safe-haven yen is up around three-quarters of a percent, and U.S. Treasury yields are down almost 10 basis points.</p><p><blockquote>日本以外的亚洲股市下跌超过2%,欧洲和美国股指期货大幅下跌,油价下跌近5%,避险日元上涨约四分之三,美国国债收益率下跌近10个基点。</blockquote></p><p> Little is known of the variant, detected in South Africa, Botswana and Hong Kong, but scientists reckon it has an unusual combination of mutations and may be able to evade immune responses or make it more transmissible.</p><p><blockquote>人们对这种在南非、博茨瓦纳和香港发现的变种知之甚少,但科学家认为它具有不寻常的突变组合,可能能够逃避免疫反应或使其更具传染性。</blockquote></p><p> The news comes as Europe already battles a resurgent COVID-19 outbreak, triggering fresh restrictions that raise uncertainty over the near-term economic outlook.</p><p><blockquote>这一消息发布之际,欧洲已经在与死灰复燃的COVID-19疫情作斗争,引发了新的限制措施,增加了近期经济前景的不确定性。</blockquote></p><p> Thin liquidity following Thursday's U.S. Thanksgiving Day holiday likely exacerbates price moves for sure, but there's little doubt overnight headlines have taken markets by surprise on Friday.</p><p><blockquote>周四美国感恩节假期后流动性紧张肯定会加剧价格走势,但毫无疑问,隔夜头条新闻周五让市场感到意外。</blockquote></p><p> It’s been another great year for investors, with the <b>SPDR S&P 500 ETF Trust</b> up another 25.4% on the year. The S&P 500 has also made it more than a year since its last 10% correction, and some investors are growing concerned that a combination of historically high stock valuations, rising inflation, the COVID-19 variant and the possibility that aggressive Federal Reserve tightening could trigger a market crash in the next couple of quarters.</p><p><blockquote>对于投资者来说,今年又是伟大的一年,<b>SPDR标普500 ETF信托</b>同比再增长25.4%。标普500自上次调整10%以来也已经过去了一年多,一些投资者越来越担心,历史高位的股票估值、通胀上升、COVID-19变种以及美联储激进紧缩的可能性可能会在未来几个季度引发市场崩盘。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f999347452cfb2fdd30570431642cb9\" tg-width=\"685\" tg-height=\"375\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Historically, the S&P 500 has averaged about one 10% pullback per yearsince 1950. Long-term investors have no reason to fear temporary market pullbacks, but there are ways to prepare for the next stock market crash to reduce your risk and take advantage of the potential buying opportunity. Here are three things to do before the next stock market crash.</p><p><blockquote>从历史上看,自1950年以来,标普500平均每年回调约10%。长期投资者没有理由担心暂时的市场回调,但有一些方法可以为下一次股市崩盘做好准备,以降低风险并利用潜在的买入机会。在下一次股市崩盘之前,这里有三件事要做。</blockquote></p><p> <b>1. Diversify Your Portfolio</b></p><p><blockquote><b>1.分散投资组合</b></blockquote></p><p> Not all market sectors and asset classes take the same hit when the stock market crashes, but it’s difficult to predict beforehand which stocks will be hit hardest. The market crash in 2008 hit bank and housing stocks hardest, while the crash in 2020 was particularly bad for travel and retail stocks. Growth stocks also tend to take a harder hit than value stocks during market crashes. By diversifying your portfolio into different types of stocks, bonds, commodities and other investments, you are ensuring that your portfolio won’t be overexposed to the worst parts of the next market crash or underexposed to any investments that may avoid the sell-off.</p><p><blockquote>当股市崩盘时,并非所有市场部门和资产类别都受到同样的打击,但很难事先预测哪些股票将受到最严重的打击。2008年的市场崩盘对银行和房地产股的打击最为严重,而2020年的崩盘对旅游和零售股的打击尤其严重。在市场崩盘期间,成长型股票也往往比价值型股票受到更严重的打击。通过将投资组合分散到不同类型的股票、债券、大宗商品和其他投资,您可以确保您的投资组合不会过度暴露于下一次市场崩盘最糟糕的部分,也不会暴露于任何可能避免抛售的投资。</blockquote></p><p> <b>2. Raise Cash</b></p><p><blockquote><b>2、筹集现金</b></blockquote></p><p> There have been countless pullbacks, crashes and recessions throughout history. One strategy that has worked every single time for long-term investors during those periods is buying the dip. But to buy the dip, you must have cash or margin available.</p><p><blockquote>历史上出现过无数次回调、崩盘和衰退。在这些时期,对长期投资者每次都有效的一种策略是逢低买入。但要逢低买入,你必须有现金或保证金。</blockquote></p><p> If you are 100% invested, your hands will be tied and your only option may be tosell stockat the worst possible time. Market crashes are nearly impossible to predict, so there’s no need to dump all your stocks now and transition to all cash. But raising the amount of cash in your account to 10%, 20% or whatever level makes you feel more comfortable allows you to be opportunistic when the next crash happens.</p><p><blockquote>如果你100%投资,你的手将被束缚,你唯一的选择可能是在最糟糕的时候卖出股票。市场崩盘几乎不可能预测,因此现在没有必要抛售所有股票并转向所有现金。但将账户中的现金金额提高到10%、20%或任何让您感觉更舒服的水平,可以让您在下一次崩盘发生时投机取巧。</blockquote></p><p> <b>3. Maintain A Watch List</b></p><p><blockquote><b>3.维护观察名单</b></blockquote></p><p> Investors tend to not make the best, most rational decisions during the worst of a stock market crash. It’s best if you have a plan of action before the crash so that you aren’t trying to make emotional decisions when it seems like the sky is falling.</p><p><blockquote>在股市崩盘最严重的时候,投资者往往不会做出最好、最理性的决定。如果你在坠机前有一个行动计划是最好的,这样你就不会在天要塌下来的时候试图做出情绪化的决定。</blockquote></p><p> Before the stock market turns south, make a list of stocks you may potentially be interested in buying on the dip. Research these companies and vet them prior to the crash so that all you have to do when the opportunity to buy the dip arises is click that “buy” button.</p><p><blockquote>在股市下跌之前,列出一份您可能有兴趣逢低买入的股票清单。在崩盘前研究这些公司并对其进行审查,这样当逢低买入的机会出现时,您所要做的就是点击“买入”按钮。</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>Worried About A Market Crash? Here Are 3 Things You Can Do<blockquote>担心市场崩盘?您可以做以下3件事</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\">\nWorried About A Market Crash? Here Are 3 Things You Can Do<blockquote>担心市场崩盘?您可以做以下3件事</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-11-26 17:46</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>COVID-19, a worry that investors had pushed down their list of top concerns in recent months, has soared back up to the number one spot as a new variant spreads across South Africa.</p><p><blockquote>随着一种新变种在南非蔓延,投资者近几个月来一直关注的新冠肺炎问题已飙升至第一位。</blockquote></p><p> Asia stocks outside Japan slid over 2%, Europe and U.S. stock futures are down sharply, oil prices drops almost 5%, the safe-haven yen is up around three-quarters of a percent, and U.S. Treasury yields are down almost 10 basis points.</p><p><blockquote>日本以外的亚洲股市下跌超过2%,欧洲和美国股指期货大幅下跌,油价下跌近5%,避险日元上涨约四分之三,美国国债收益率下跌近10个基点。</blockquote></p><p> Little is known of the variant, detected in South Africa, Botswana and Hong Kong, but scientists reckon it has an unusual combination of mutations and may be able to evade immune responses or make it more transmissible.</p><p><blockquote>人们对这种在南非、博茨瓦纳和香港发现的变种知之甚少,但科学家认为它具有不寻常的突变组合,可能能够逃避免疫反应或使其更具传染性。</blockquote></p><p> The news comes as Europe already battles a resurgent COVID-19 outbreak, triggering fresh restrictions that raise uncertainty over the near-term economic outlook.</p><p><blockquote>这一消息发布之际,欧洲已经在与死灰复燃的COVID-19疫情作斗争,引发了新的限制措施,增加了近期经济前景的不确定性。</blockquote></p><p> Thin liquidity following Thursday's U.S. Thanksgiving Day holiday likely exacerbates price moves for sure, but there's little doubt overnight headlines have taken markets by surprise on Friday.</p><p><blockquote>周四美国感恩节假期后流动性紧张肯定会加剧价格走势,但毫无疑问,隔夜头条新闻周五让市场感到意外。</blockquote></p><p> It’s been another great year for investors, with the <b>SPDR S&P 500 ETF Trust</b> up another 25.4% on the year. The S&P 500 has also made it more than a year since its last 10% correction, and some investors are growing concerned that a combination of historically high stock valuations, rising inflation, the COVID-19 variant and the possibility that aggressive Federal Reserve tightening could trigger a market crash in the next couple of quarters.</p><p><blockquote>对于投资者来说,今年又是伟大的一年,<b>SPDR标普500 ETF信托</b>同比再增长25.4%。标普500自上次调整10%以来也已经过去了一年多,一些投资者越来越担心,历史高位的股票估值、通胀上升、COVID-19变种以及美联储激进紧缩的可能性可能会在未来几个季度引发市场崩盘。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1f999347452cfb2fdd30570431642cb9\" tg-width=\"685\" tg-height=\"375\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Historically, the S&P 500 has averaged about one 10% pullback per yearsince 1950. Long-term investors have no reason to fear temporary market pullbacks, but there are ways to prepare for the next stock market crash to reduce your risk and take advantage of the potential buying opportunity. Here are three things to do before the next stock market crash.</p><p><blockquote>从历史上看,自1950年以来,标普500平均每年回调约10%。长期投资者没有理由担心暂时的市场回调,但有一些方法可以为下一次股市崩盘做好准备,以降低风险并利用潜在的买入机会。在下一次股市崩盘之前,这里有三件事要做。</blockquote></p><p> <b>1. Diversify Your Portfolio</b></p><p><blockquote><b>1.分散投资组合</b></blockquote></p><p> Not all market sectors and asset classes take the same hit when the stock market crashes, but it’s difficult to predict beforehand which stocks will be hit hardest. The market crash in 2008 hit bank and housing stocks hardest, while the crash in 2020 was particularly bad for travel and retail stocks. Growth stocks also tend to take a harder hit than value stocks during market crashes. By diversifying your portfolio into different types of stocks, bonds, commodities and other investments, you are ensuring that your portfolio won’t be overexposed to the worst parts of the next market crash or underexposed to any investments that may avoid the sell-off.</p><p><blockquote>当股市崩盘时,并非所有市场部门和资产类别都受到同样的打击,但很难事先预测哪些股票将受到最严重的打击。2008年的市场崩盘对银行和房地产股的打击最为严重,而2020年的崩盘对旅游和零售股的打击尤其严重。在市场崩盘期间,成长型股票也往往比价值型股票受到更严重的打击。通过将投资组合分散到不同类型的股票、债券、大宗商品和其他投资,您可以确保您的投资组合不会过度暴露于下一次市场崩盘最糟糕的部分,也不会暴露于任何可能避免抛售的投资。</blockquote></p><p> <b>2. Raise Cash</b></p><p><blockquote><b>2、筹集现金</b></blockquote></p><p> There have been countless pullbacks, crashes and recessions throughout history. One strategy that has worked every single time for long-term investors during those periods is buying the dip. But to buy the dip, you must have cash or margin available.</p><p><blockquote>历史上出现过无数次回调、崩盘和衰退。在这些时期,对长期投资者每次都有效的一种策略是逢低买入。但要逢低买入,你必须有现金或保证金。</blockquote></p><p> If you are 100% invested, your hands will be tied and your only option may be tosell stockat the worst possible time. Market crashes are nearly impossible to predict, so there’s no need to dump all your stocks now and transition to all cash. But raising the amount of cash in your account to 10%, 20% or whatever level makes you feel more comfortable allows you to be opportunistic when the next crash happens.</p><p><blockquote>如果你100%投资,你的手将被束缚,你唯一的选择可能是在最糟糕的时候卖出股票。市场崩盘几乎不可能预测,因此现在没有必要抛售所有股票并转向所有现金。但将账户中的现金金额提高到10%、20%或任何让您感觉更舒服的水平,可以让您在下一次崩盘发生时投机取巧。</blockquote></p><p> <b>3. Maintain A Watch List</b></p><p><blockquote><b>3.维护观察名单</b></blockquote></p><p> Investors tend to not make the best, most rational decisions during the worst of a stock market crash. It’s best if you have a plan of action before the crash so that you aren’t trying to make emotional decisions when it seems like the sky is falling.</p><p><blockquote>在股市崩盘最严重的时候,投资者往往不会做出最好、最理性的决定。如果你在坠机前有一个行动计划是最好的,这样你就不会在天要塌下来的时候试图做出情绪化的决定。</blockquote></p><p> Before the stock market turns south, make a list of stocks you may potentially be interested in buying on the dip. Research these companies and vet them prior to the crash so that all you have to do when the opportunity to buy the dip arises is click that “buy” button.</p><p><blockquote>在股市下跌之前,列出一份您可能有兴趣逢低买入的股票清单。在崩盘前研究这些公司并对其进行审查,这样当逢低买入的机会出现时,您所要做的就是点击“买入”按钮。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100178242","content_text":"COVID-19, a worry that investors had pushed down their list of top concerns in recent months, has soared back up to the number one spot as a new variant spreads across South Africa.\nAsia stocks outside Japan slid over 2%, Europe and U.S. stock futures are down sharply, oil prices drops almost 5%, the safe-haven yen is up around three-quarters of a percent, and U.S. Treasury yields are down almost 10 basis points.\nLittle is known of the variant, detected in South Africa, Botswana and Hong Kong, but scientists reckon it has an unusual combination of mutations and may be able to evade immune responses or make it more transmissible.\nThe news comes as Europe already battles a resurgent COVID-19 outbreak, triggering fresh restrictions that raise uncertainty over the near-term economic outlook.\nThin liquidity following Thursday's U.S. Thanksgiving Day holiday likely exacerbates price moves for sure, but there's little doubt overnight headlines have taken markets by surprise on Friday.\nIt’s been another great year for investors, with the SPDR S&P 500 ETF Trust up another 25.4% on the year. The S&P 500 has also made it more than a year since its last 10% correction, and some investors are growing concerned that a combination of historically high stock valuations, rising inflation, the COVID-19 variant and the possibility that aggressive Federal Reserve tightening could trigger a market crash in the next couple of quarters.\n\nHistorically, the S&P 500 has averaged about one 10% pullback per yearsince 1950. Long-term investors have no reason to fear temporary market pullbacks, but there are ways to prepare for the next stock market crash to reduce your risk and take advantage of the potential buying opportunity. Here are three things to do before the next stock market crash.\n1. Diversify Your Portfolio\nNot all market sectors and asset classes take the same hit when the stock market crashes, but it’s difficult to predict beforehand which stocks will be hit hardest. The market crash in 2008 hit bank and housing stocks hardest, while the crash in 2020 was particularly bad for travel and retail stocks. Growth stocks also tend to take a harder hit than value stocks during market crashes. By diversifying your portfolio into different types of stocks, bonds, commodities and other investments, you are ensuring that your portfolio won’t be overexposed to the worst parts of the next market crash or underexposed to any investments that may avoid the sell-off.\n2. Raise Cash\nThere have been countless pullbacks, crashes and recessions throughout history. One strategy that has worked every single time for long-term investors during those periods is buying the dip. But to buy the dip, you must have cash or margin available.\nIf you are 100% invested, your hands will be tied and your only option may be tosell stockat the worst possible time. Market crashes are nearly impossible to predict, so there’s no need to dump all your stocks now and transition to all cash. But raising the amount of cash in your account to 10%, 20% or whatever level makes you feel more comfortable allows you to be opportunistic when the next crash happens.\n3. Maintain A Watch List\nInvestors tend to not make the best, most rational decisions during the worst of a stock market crash. It’s best if you have a plan of action before the crash so that you aren’t trying to make emotional decisions when it seems like the sky is falling.\nBefore the stock market turns south, make a list of stocks you may potentially be interested in buying on the dip. Research these companies and vet them prior to the crash so that all you have to do when the opportunity to buy the dip arises is click that “buy” button.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":170723905,"gmtCreate":1626452949207,"gmtModify":1633926581659,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Oh yeah","listText":"Oh yeah","text":"Oh yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":18,"repostSize":0,"link":"https://laohu8.com/post/170723905","repostId":"1149577900","repostType":4,"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165368658,"gmtCreate":1624097002674,"gmtModify":1634010722189,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/3586674249878940\">@56CcLim</a>: Omg","listText":"//<a href=\"https://laohu8.com/U/3586674249878940\">@56CcLim</a>: Omg","text":"//@56CcLim: Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":14,"repostSize":0,"link":"https://laohu8.com/post/165368658","repostId":"2143788707","repostType":4,"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148354972,"gmtCreate":1625935781996,"gmtModify":1633931481345,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Fear","listText":"Fear","text":"Fear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/148354972","repostId":"2150053623","repostType":4,"repost":{"id":"2150053623","kind":"highlight","pubTimestamp":1625883910,"share":"https://www.laohu8.com/m/news/2150053623?lang=zh_CN&edition=full","pubTime":"2021-07-10 10:25","market":"us","language":"en","title":"A crazy week for U.S. stocks came with a change in the market narrative -- should investors believe it?<blockquote>美股疯狂的一周伴随着市场叙事的变化——投资者应该相信吗?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2150053623","media":"MarketWatch","summary":"Investors must decide whether they believe stalling economic growth is a bigger threat than an infla","content":"<p>Investors must decide whether they believe stalling economic growth is a bigger threat than an inflation surge</p><p><blockquote>投资者必须决定他们是否认为经济增长停滞是比通胀飙升更大的威胁</blockquote></p><p> <img src=\"https://static.tigerbbs.com/32ec205cf1616aaba5573cc40240a899\" tg-width=\"1260\" tg-height=\"876\"></p><p><blockquote></blockquote></p><p> Fears of runaway inflation have been swapped for worries about a rapid slowdown in global economic growth -- and that made for one very long, holiday-shortened week for U.S. investors -- but is this new narrative the right <a href=\"https://laohu8.com/S/AONE.U\">one</a> ?</p><p><blockquote>对通货膨胀失控的担忧已经被对全球经济增长迅速放缓的担忧所取代——这使得美国投资者度过了一个漫长的假期——但这种新的说法正确吗<a href=\"https://laohu8.com/S/AONE.U\">一</a>?</blockquote></p><p> A Treasury debt rally became a buying frenzy , sending long-term yields sharply lower. That took any remaining wind out of the sails of the so-called reflation trade, which had favored shares of more cyclically sensitive companies expected to benefit the most from rising prices and accelerating economic growth.</p><p><blockquote>国债反弹变成了买盘狂潮,导致长期收益率大幅走低。这使得所谓的通货再膨胀交易失去了任何剩余的动力,该交易青睐对周期性更敏感的公司的股票,预计这些公司将从价格上涨和经济增长加速中受益最多。</blockquote></p><p> What changed? There are three important elements to the shift in the market narrative, said Lauren Goodwin, economist and portfolio strategist at New York Life Investments, which has $605 billion in assets under management.</p><p><blockquote>什么变了?管理着6050亿美元资产的纽约人寿投资公司(New York Life Investments)经济学家兼投资组合策略师劳伦·古德温(Lauren Goodwin)表示,市场叙事的转变有三个重要因素。</blockquote></p><p> The first is a perceived change in the way the Federal Reserve reacts to data, with investors no longer looking for policy makers to be as tolerant of economic overheating and rising inflation as previously thought, she said. The second is that while economic growth is expected to remain strong, the pace of growth is expected to have peaked . Third, there are worries the spread of the delta and other variants of the coronavirus that causes COVID-19 could force a renewed round of restrictions that will weigh on global economic activity.</p><p><blockquote>她表示,首先是美联储对数据的反应方式发生了明显的变化,投资者不再希望政策制定者像之前认为的那样容忍经济过热和通胀上升。二是虽然经济增长预计将保持强劲,但增长速度预计已经见顶。第三,人们担心导致新冠肺炎的三角洲和其他冠状病毒变种的传播可能会迫使新一轮限制,这将给全球经济活动带来压力。</blockquote></p><p> \"Together, that's a very different consensus market narrative than we had a few weeks ago, when the focus was all about stimulus and overheating,\" Goodwin said, in a phone interview, noting that investors must now ask: \"Is this new narrative the right one?\"</p><p><blockquote>古德温在接受电话采访时表示:“总的来说,这与几周前的市场共识叙事截然不同,当时的焦点都是刺激和过热。”他指出,投资者现在必须问:“这种新的叙事是正确的吗?”一个?”</blockquote></p><p> The real pain in the past week was in the Treasury market, where a rally drove long-term yields sharply lower and prices higher. Much of that rally was attributed to forced short covering by Treasury bears, who had feared inflation, creating something of a feeding frenzy, driving the 10-year yield to a five-month low below 1.25% on Thursday before finally relenting.</p><p><blockquote>过去一周真正的痛苦在于美国国债市场,该市场的反弹导致长期收益率大幅下跌,价格上涨。此次上涨很大程度上归因于美国国债空头被迫进行空头回补,他们担心通胀,造成了某种程度的买入狂潮,周四将10年期国债收益率推至1.25%以下的五个月低点,然后最终回落。</blockquote></p><p> But analysts said the move, at least in part, also reflected legitimate concerns over the global economic growth outlook .</p><p><blockquote>但分析师表示,此举至少在一定程度上也反映了对全球经济增长前景的合理担忧。</blockquote></p><p> That Thursday dive in yields, and accompanying growth fears, triggered a broad stock-market selloff that saw the S&P 500 and Nasdaq Composite retreat from all-time highs, while the Dow Jones Industrial Average shed more than 500 points at its session low. Stocks trimmed losses by the close and then pushed higher Friday, with all three major indexes finishing at records .</p><p><blockquote>周四收益率暴跌以及随之而来的增长担忧引发了股市大范围抛售,标普500和纳斯达克综合指数从历史高点回落,而道琼斯工业平均指数则在盘中低点下跌了500多点。周五股市收盘时收复跌幅,然后走高,三大股指均创历史新高。</blockquote></p><p> One casualty was the stock market reflation trade. The small-cap Russell 2000 index RUT (#phrase-company?ref=COMPANY%7CRUT;onlineSignificance=passing-mention) fell 1.1% for a second straight week of losses, while the tech-heavy Nasdaq-100 saw a 0.4% weekly rise. Value stocks underperformed, with the Russell 1000 Value Index falling 0.3%, while the Russell 1000 Growth Index rose 1%.</p><p><blockquote>其中一个受害者是股市通货再膨胀交易。小盘股罗素2000指数RUT(#phrase-company?ref=company%7CRUT;onlineSignificance=passing-mention)连续第二周下跌1.1%,而以科技股为主的纳斯达克100指数周上涨0.4%。价值股表现不佳,罗素1000价值指数下跌0.3%,罗素1000成长指数上涨1%。</blockquote></p><p> \"The 'reflation' and 'rotation' trades -- associated with optimism about rapid, broad-based economic recovery from the pandemic and higher inflation -- has arguably been flagging since as long ago as the end of the first quarter, but clearly took another hit this week,\" said Oliver Jones, senior markets economist at research firm Capital Economics, in a Friday note.</p><p><blockquote>研究公司凯投宏观(Capital Economics)高级市场经济学家奥利弗·琼斯(Oliver Jones)在周五的一份报告中表示:“‘通货再膨胀’和‘轮换’交易——与对经济从大流行和通胀上升中快速、广泛复苏的乐观情绪相关——可以说早在第一季度末就一直在萎靡不振,但显然受到了打击。”</blockquote></p><p> Sectors, like energy and financials, and factors, such as value, that benefited most from the reflation/rotation narrative have underperformed, he noted.</p><p><blockquote>他指出,从通货再膨胀/轮动叙事中受益最多的能源和金融等行业以及价值等因素表现不佳。</blockquote></p><p> Jones argued that it makes sense for optimism about the U.S. economic recovery to top out as supply constraints bite into activity. And global growth expectations may also see pressure, with China's economy likely to continue to disappoint.</p><p><blockquote>琼斯认为,随着供应限制影响经济活动,对美国经济复苏的乐观情绪达到顶峰是有道理的。全球增长预期也可能面临压力,中国经济可能继续令人失望。</blockquote></p><p> At the same time, the U.S. economy remains on track for a very strong recovery in absolute terms, far exceeding the one that followed the global financial crisis of 2008. And core inflation in the U.S. may prove somewhat more persistent than anticipated, he argued.</p><p><blockquote>与此同时,从绝对值来看,美国经济仍有望实现非常强劲的复苏,远远超过2008年全球金融危机后的复苏。他认为,美国的核心通胀可能比预期更加持久。</blockquote></p><p> That sets the stage for a scenario in which \"the rotation/reflation trade label may become progressively less useful in the coming quarters,\" he said.</p><p><blockquote>他表示,这为“轮换/通货再膨胀贸易标签在未来几个季度可能会逐渐变得不那么有用”的情况奠定了基础。</blockquote></p><p> In particular, parts of the trade, including rapid gains in most stock markets and outperformance by energy companies is likely over for now, he said, while the drop in Treasury yields is probably an \"overreaction\" given the path of growth and inflation in the U.S.</p><p><blockquote>他表示,特别是部分交易,包括大多数股市的快速上涨和能源公司的优异表现,目前可能已经结束,而考虑到美国的增长和通胀路径,美国国债收益率的下降可能是“过度反应”。</blockquote></p><p> Investors will get a look at evidence on both the inflation and growth front in the coming week. The June consumer-price index is set for release Tuesday, while a producer-price reading is set for Wednesday. A raft of other economic data is due over the course of the week, including June retail sales figures on Friday.</p><p><blockquote>投资者将在未来一周看到通胀和增长方面的证据。6月份消费者价格指数定于周二发布,生产者价格指数定于周三发布。本周将公布大量其他经济数据,包括周五公布的6月份零售销售数据。</blockquote></p><p></p><p> And then there's the start of the corporate earnings reporting season, which is expected to offer another peak as profits roared in the second quarter relative to the early days of the pandemic last year.</p><p><blockquote>然后是企业财报季的开始,预计将迎来另一个高峰,因为与去年大流行初期相比,第二季度的利润大幅增长。</blockquote></p><p> \"With earnings season kicking off next week, the bar is set quite high and corporate America better produce another stellar quarter or there could be some disappointed bulls,\" said Ryan Detrick, chief market strategist at LPL Financial, after Friday's record close.</p><p><blockquote>LPL Financial首席市场策略师瑞安·德特里克(Ryan Detrick)在周五创纪录的收盘价后表示:“随着下周财报季的开始,标准设定得相当高,美国企业界最好再创辉煌的季度,否则可能会出现一些失望的多头。”</blockquote></p><p> Goodwin said the choice for investors boils down to either leaning into the old narrative that benefits cyclical stocks and shorter duration assets or the new one that expects economic growth to prove more sluggish and anemic, much as it was before the pandemic, favoring growth stocks and defensive sectors.</p><p><blockquote>古德温表示,投资者的选择可以归结为要么倾向于有利于周期性股票和短期资产的旧说法,要么倾向于预计经济增长将更加低迷和乏力的新说法,就像大流行之前一样,有利于成长型股票和防御性股票部门。</blockquote></p><p> The best response, however, may be a little bit of both, Goodwin said.</p><p><blockquote>然而,古德温说,最好的反应可能是两者兼而有之。</blockquote></p><p> Reflation likely still has some room to run in the near term. Distribution of child tax credit payments will begin later this month, while labor shortages may be alleviated in coming months as children return to school and additional unemployment benefits expire, she said, while consumers are sitting on sizable savings.</p><p><blockquote>通货再膨胀在短期内可能仍有一定的运行空间。她表示,儿童税收抵免付款的分配将于本月晚些时候开始,而随着儿童重返校园和额外失业救济金到期,劳动力短缺可能会在未来几个月得到缓解,而消费者则坐拥可观的储蓄。</blockquote></p><p> At the same time, growth and inflation are peaking, she said, and valuations are stretched across asset classes. While still maintaining a cyclical tilt, the changing backdrop calls for a more balanced approach to portfolios, she said.</p><p><blockquote>她表示,与此同时,增长和通胀正在见顶,各资产类别的估值都在扩大。她表示,虽然仍保持周期性倾斜,但不断变化的背景为采取更平衡的投资组合方法提供了评级。</blockquote></p><p> Investors need to look closely at sectors and individual companies that can leverage changing trends and pass rising prices on to consumers, she said, in a more selective environment rather than one in which a rising tide raises all boats.</p><p><blockquote>她表示,投资者需要在更具选择性的环境中,而不是水涨船高的环境中,密切关注能够利用不断变化的趋势并将价格上涨转嫁给消费者的行业和个别公司。</blockquote></p><p></p>","source":"lsy1603348471595","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>A crazy week for U.S. stocks came with a change in the market narrative -- should investors believe it?<blockquote>美股疯狂的一周伴随着市场叙事的变化——投资者应该相信吗?</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA crazy week for U.S. stocks came with a change in the market narrative -- should investors believe it?<blockquote>美股疯狂的一周伴随着市场叙事的变化——投资者应该相信吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-10 10:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Investors must decide whether they believe stalling economic growth is a bigger threat than an inflation surge</p><p><blockquote>投资者必须决定他们是否认为经济增长停滞是比通胀飙升更大的威胁</blockquote></p><p> <img src=\"https://static.tigerbbs.com/32ec205cf1616aaba5573cc40240a899\" tg-width=\"1260\" tg-height=\"876\"></p><p><blockquote></blockquote></p><p> Fears of runaway inflation have been swapped for worries about a rapid slowdown in global economic growth -- and that made for one very long, holiday-shortened week for U.S. investors -- but is this new narrative the right <a href=\"https://laohu8.com/S/AONE.U\">one</a> ?</p><p><blockquote>对通货膨胀失控的担忧已经被对全球经济增长迅速放缓的担忧所取代——这使得美国投资者度过了一个漫长的假期——但这种新的说法正确吗<a href=\"https://laohu8.com/S/AONE.U\">一</a>?</blockquote></p><p> A Treasury debt rally became a buying frenzy , sending long-term yields sharply lower. That took any remaining wind out of the sails of the so-called reflation trade, which had favored shares of more cyclically sensitive companies expected to benefit the most from rising prices and accelerating economic growth.</p><p><blockquote>国债反弹变成了买盘狂潮,导致长期收益率大幅走低。这使得所谓的通货再膨胀交易失去了任何剩余的动力,该交易青睐对周期性更敏感的公司的股票,预计这些公司将从价格上涨和经济增长加速中受益最多。</blockquote></p><p> What changed? There are three important elements to the shift in the market narrative, said Lauren Goodwin, economist and portfolio strategist at New York Life Investments, which has $605 billion in assets under management.</p><p><blockquote>什么变了?管理着6050亿美元资产的纽约人寿投资公司(New York Life Investments)经济学家兼投资组合策略师劳伦·古德温(Lauren Goodwin)表示,市场叙事的转变有三个重要因素。</blockquote></p><p> The first is a perceived change in the way the Federal Reserve reacts to data, with investors no longer looking for policy makers to be as tolerant of economic overheating and rising inflation as previously thought, she said. The second is that while economic growth is expected to remain strong, the pace of growth is expected to have peaked . Third, there are worries the spread of the delta and other variants of the coronavirus that causes COVID-19 could force a renewed round of restrictions that will weigh on global economic activity.</p><p><blockquote>她表示,首先是美联储对数据的反应方式发生了明显的变化,投资者不再希望政策制定者像之前认为的那样容忍经济过热和通胀上升。二是虽然经济增长预计将保持强劲,但增长速度预计已经见顶。第三,人们担心导致新冠肺炎的三角洲和其他冠状病毒变种的传播可能会迫使新一轮限制,这将给全球经济活动带来压力。</blockquote></p><p> \"Together, that's a very different consensus market narrative than we had a few weeks ago, when the focus was all about stimulus and overheating,\" Goodwin said, in a phone interview, noting that investors must now ask: \"Is this new narrative the right one?\"</p><p><blockquote>古德温在接受电话采访时表示:“总的来说,这与几周前的市场共识叙事截然不同,当时的焦点都是刺激和过热。”他指出,投资者现在必须问:“这种新的叙事是正确的吗?”一个?”</blockquote></p><p> The real pain in the past week was in the Treasury market, where a rally drove long-term yields sharply lower and prices higher. Much of that rally was attributed to forced short covering by Treasury bears, who had feared inflation, creating something of a feeding frenzy, driving the 10-year yield to a five-month low below 1.25% on Thursday before finally relenting.</p><p><blockquote>过去一周真正的痛苦在于美国国债市场,该市场的反弹导致长期收益率大幅下跌,价格上涨。此次上涨很大程度上归因于美国国债空头被迫进行空头回补,他们担心通胀,造成了某种程度的买入狂潮,周四将10年期国债收益率推至1.25%以下的五个月低点,然后最终回落。</blockquote></p><p> But analysts said the move, at least in part, also reflected legitimate concerns over the global economic growth outlook .</p><p><blockquote>但分析师表示,此举至少在一定程度上也反映了对全球经济增长前景的合理担忧。</blockquote></p><p> That Thursday dive in yields, and accompanying growth fears, triggered a broad stock-market selloff that saw the S&P 500 and Nasdaq Composite retreat from all-time highs, while the Dow Jones Industrial Average shed more than 500 points at its session low. Stocks trimmed losses by the close and then pushed higher Friday, with all three major indexes finishing at records .</p><p><blockquote>周四收益率暴跌以及随之而来的增长担忧引发了股市大范围抛售,标普500和纳斯达克综合指数从历史高点回落,而道琼斯工业平均指数则在盘中低点下跌了500多点。周五股市收盘时收复跌幅,然后走高,三大股指均创历史新高。</blockquote></p><p> One casualty was the stock market reflation trade. The small-cap Russell 2000 index RUT (#phrase-company?ref=COMPANY%7CRUT;onlineSignificance=passing-mention) fell 1.1% for a second straight week of losses, while the tech-heavy Nasdaq-100 saw a 0.4% weekly rise. Value stocks underperformed, with the Russell 1000 Value Index falling 0.3%, while the Russell 1000 Growth Index rose 1%.</p><p><blockquote>其中一个受害者是股市通货再膨胀交易。小盘股罗素2000指数RUT(#phrase-company?ref=company%7CRUT;onlineSignificance=passing-mention)连续第二周下跌1.1%,而以科技股为主的纳斯达克100指数周上涨0.4%。价值股表现不佳,罗素1000价值指数下跌0.3%,罗素1000成长指数上涨1%。</blockquote></p><p> \"The 'reflation' and 'rotation' trades -- associated with optimism about rapid, broad-based economic recovery from the pandemic and higher inflation -- has arguably been flagging since as long ago as the end of the first quarter, but clearly took another hit this week,\" said Oliver Jones, senior markets economist at research firm Capital Economics, in a Friday note.</p><p><blockquote>研究公司凯投宏观(Capital Economics)高级市场经济学家奥利弗·琼斯(Oliver Jones)在周五的一份报告中表示:“‘通货再膨胀’和‘轮换’交易——与对经济从大流行和通胀上升中快速、广泛复苏的乐观情绪相关——可以说早在第一季度末就一直在萎靡不振,但显然受到了打击。”</blockquote></p><p> Sectors, like energy and financials, and factors, such as value, that benefited most from the reflation/rotation narrative have underperformed, he noted.</p><p><blockquote>他指出,从通货再膨胀/轮动叙事中受益最多的能源和金融等行业以及价值等因素表现不佳。</blockquote></p><p> Jones argued that it makes sense for optimism about the U.S. economic recovery to top out as supply constraints bite into activity. And global growth expectations may also see pressure, with China's economy likely to continue to disappoint.</p><p><blockquote>琼斯认为,随着供应限制影响经济活动,对美国经济复苏的乐观情绪达到顶峰是有道理的。全球增长预期也可能面临压力,中国经济可能继续令人失望。</blockquote></p><p> At the same time, the U.S. economy remains on track for a very strong recovery in absolute terms, far exceeding the one that followed the global financial crisis of 2008. And core inflation in the U.S. may prove somewhat more persistent than anticipated, he argued.</p><p><blockquote>与此同时,从绝对值来看,美国经济仍有望实现非常强劲的复苏,远远超过2008年全球金融危机后的复苏。他认为,美国的核心通胀可能比预期更加持久。</blockquote></p><p> That sets the stage for a scenario in which \"the rotation/reflation trade label may become progressively less useful in the coming quarters,\" he said.</p><p><blockquote>他表示,这为“轮换/通货再膨胀贸易标签在未来几个季度可能会逐渐变得不那么有用”的情况奠定了基础。</blockquote></p><p> In particular, parts of the trade, including rapid gains in most stock markets and outperformance by energy companies is likely over for now, he said, while the drop in Treasury yields is probably an \"overreaction\" given the path of growth and inflation in the U.S.</p><p><blockquote>他表示,特别是部分交易,包括大多数股市的快速上涨和能源公司的优异表现,目前可能已经结束,而考虑到美国的增长和通胀路径,美国国债收益率的下降可能是“过度反应”。</blockquote></p><p> Investors will get a look at evidence on both the inflation and growth front in the coming week. The June consumer-price index is set for release Tuesday, while a producer-price reading is set for Wednesday. A raft of other economic data is due over the course of the week, including June retail sales figures on Friday.</p><p><blockquote>投资者将在未来一周看到通胀和增长方面的证据。6月份消费者价格指数定于周二发布,生产者价格指数定于周三发布。本周将公布大量其他经济数据,包括周五公布的6月份零售销售数据。</blockquote></p><p></p><p> And then there's the start of the corporate earnings reporting season, which is expected to offer another peak as profits roared in the second quarter relative to the early days of the pandemic last year.</p><p><blockquote>然后是企业财报季的开始,预计将迎来另一个高峰,因为与去年大流行初期相比,第二季度的利润大幅增长。</blockquote></p><p> \"With earnings season kicking off next week, the bar is set quite high and corporate America better produce another stellar quarter or there could be some disappointed bulls,\" said Ryan Detrick, chief market strategist at LPL Financial, after Friday's record close.</p><p><blockquote>LPL Financial首席市场策略师瑞安·德特里克(Ryan Detrick)在周五创纪录的收盘价后表示:“随着下周财报季的开始,标准设定得相当高,美国企业界最好再创辉煌的季度,否则可能会出现一些失望的多头。”</blockquote></p><p> Goodwin said the choice for investors boils down to either leaning into the old narrative that benefits cyclical stocks and shorter duration assets or the new one that expects economic growth to prove more sluggish and anemic, much as it was before the pandemic, favoring growth stocks and defensive sectors.</p><p><blockquote>古德温表示,投资者的选择可以归结为要么倾向于有利于周期性股票和短期资产的旧说法,要么倾向于预计经济增长将更加低迷和乏力的新说法,就像大流行之前一样,有利于成长型股票和防御性股票部门。</blockquote></p><p> The best response, however, may be a little bit of both, Goodwin said.</p><p><blockquote>然而,古德温说,最好的反应可能是两者兼而有之。</blockquote></p><p> Reflation likely still has some room to run in the near term. Distribution of child tax credit payments will begin later this month, while labor shortages may be alleviated in coming months as children return to school and additional unemployment benefits expire, she said, while consumers are sitting on sizable savings.</p><p><blockquote>通货再膨胀在短期内可能仍有一定的运行空间。她表示,儿童税收抵免付款的分配将于本月晚些时候开始,而随着儿童重返校园和额外失业救济金到期,劳动力短缺可能会在未来几个月得到缓解,而消费者则坐拥可观的储蓄。</blockquote></p><p> At the same time, growth and inflation are peaking, she said, and valuations are stretched across asset classes. While still maintaining a cyclical tilt, the changing backdrop calls for a more balanced approach to portfolios, she said.</p><p><blockquote>她表示,与此同时,增长和通胀正在见顶,各资产类别的估值都在扩大。她表示,虽然仍保持周期性倾斜,但不断变化的背景为采取更平衡的投资组合方法提供了评级。</blockquote></p><p> Investors need to look closely at sectors and individual companies that can leverage changing trends and pass rising prices on to consumers, she said, in a more selective environment rather than one in which a rising tide raises all boats.</p><p><blockquote>她表示,投资者需要在更具选择性的环境中,而不是水涨船高的环境中,密切关注能够利用不断变化的趋势并将价格上涨转嫁给消费者的行业和个别公司。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/a-crazy-week-for-u-s-stocks-came-with-a-change-in-the-market-narrative-should-investors-believe-it-11625865324?mod=home-page\">MarketWatch</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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/a-crazy-week-for-u-s-stocks-came-with-a-change-in-the-market-narrative-should-investors-believe-it-11625865324?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150053623","content_text":"Investors must decide whether they believe stalling economic growth is a bigger threat than an inflation surge\n\nFears of runaway inflation have been swapped for worries about a rapid slowdown in global economic growth -- and that made for one very long, holiday-shortened week for U.S. investors -- but is this new narrative the right one ?\nA Treasury debt rally became a buying frenzy , sending long-term yields sharply lower. That took any remaining wind out of the sails of the so-called reflation trade, which had favored shares of more cyclically sensitive companies expected to benefit the most from rising prices and accelerating economic growth.\nWhat changed? There are three important elements to the shift in the market narrative, said Lauren Goodwin, economist and portfolio strategist at New York Life Investments, which has $605 billion in assets under management.\nThe first is a perceived change in the way the Federal Reserve reacts to data, with investors no longer looking for policy makers to be as tolerant of economic overheating and rising inflation as previously thought, she said. The second is that while economic growth is expected to remain strong, the pace of growth is expected to have peaked . Third, there are worries the spread of the delta and other variants of the coronavirus that causes COVID-19 could force a renewed round of restrictions that will weigh on global economic activity.\n\"Together, that's a very different consensus market narrative than we had a few weeks ago, when the focus was all about stimulus and overheating,\" Goodwin said, in a phone interview, noting that investors must now ask: \"Is this new narrative the right one?\"\nThe real pain in the past week was in the Treasury market, where a rally drove long-term yields sharply lower and prices higher. Much of that rally was attributed to forced short covering by Treasury bears, who had feared inflation, creating something of a feeding frenzy, driving the 10-year yield to a five-month low below 1.25% on Thursday before finally relenting.\nBut analysts said the move, at least in part, also reflected legitimate concerns over the global economic growth outlook .\nThat Thursday dive in yields, and accompanying growth fears, triggered a broad stock-market selloff that saw the S&P 500 and Nasdaq Composite retreat from all-time highs, while the Dow Jones Industrial Average shed more than 500 points at its session low. Stocks trimmed losses by the close and then pushed higher Friday, with all three major indexes finishing at records .\nOne casualty was the stock market reflation trade. The small-cap Russell 2000 index RUT (#phrase-company?ref=COMPANY%7CRUT;onlineSignificance=passing-mention) fell 1.1% for a second straight week of losses, while the tech-heavy Nasdaq-100 saw a 0.4% weekly rise. Value stocks underperformed, with the Russell 1000 Value Index falling 0.3%, while the Russell 1000 Growth Index rose 1%.\n\"The 'reflation' and 'rotation' trades -- associated with optimism about rapid, broad-based economic recovery from the pandemic and higher inflation -- has arguably been flagging since as long ago as the end of the first quarter, but clearly took another hit this week,\" said Oliver Jones, senior markets economist at research firm Capital Economics, in a Friday note.\nSectors, like energy and financials, and factors, such as value, that benefited most from the reflation/rotation narrative have underperformed, he noted.\nJones argued that it makes sense for optimism about the U.S. economic recovery to top out as supply constraints bite into activity. And global growth expectations may also see pressure, with China's economy likely to continue to disappoint.\nAt the same time, the U.S. economy remains on track for a very strong recovery in absolute terms, far exceeding the one that followed the global financial crisis of 2008. And core inflation in the U.S. may prove somewhat more persistent than anticipated, he argued.\nThat sets the stage for a scenario in which \"the rotation/reflation trade label may become progressively less useful in the coming quarters,\" he said.\nIn particular, parts of the trade, including rapid gains in most stock markets and outperformance by energy companies is likely over for now, he said, while the drop in Treasury yields is probably an \"overreaction\" given the path of growth and inflation in the U.S.\nInvestors will get a look at evidence on both the inflation and growth front in the coming week. The June consumer-price index is set for release Tuesday, while a producer-price reading is set for Wednesday. A raft of other economic data is due over the course of the week, including June retail sales figures on Friday.\nAnd then there's the start of the corporate earnings reporting season, which is expected to offer another peak as profits roared in the second quarter relative to the early days of the pandemic last year.\n\"With earnings season kicking off next week, the bar is set quite high and corporate America better produce another stellar quarter or there could be some disappointed bulls,\" said Ryan Detrick, chief market strategist at LPL Financial, after Friday's record close.\nGoodwin said the choice for investors boils down to either leaning into the old narrative that benefits cyclical stocks and shorter duration assets or the new one that expects economic growth to prove more sluggish and anemic, much as it was before the pandemic, favoring growth stocks and defensive sectors.\nThe best response, however, may be a little bit of both, Goodwin said.\nReflation likely still has some room to run in the near term. Distribution of child tax credit payments will begin later this month, while labor shortages may be alleviated in coming months as children return to school and additional unemployment benefits expire, she said, while consumers are sitting on sizable savings.\nAt the same time, growth and inflation are peaking, she said, and valuations are stretched across asset classes. While still maintaining a cyclical tilt, the changing backdrop calls for a more balanced approach to portfolios, she said.\nInvestors need to look closely at sectors and individual companies that can leverage changing trends and pass rising prices on to consumers, she said, in a more selective environment rather than one in which a rising tide raises all boats.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":633,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182256634,"gmtCreate":1623581227028,"gmtModify":1634031440006,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/182256634","repostId":"2143788707","repostType":4,"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":699652176,"gmtCreate":1639795710873,"gmtModify":1639795710873,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Metaverse","listText":"Metaverse","text":"Metaverse","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/699652176","repostId":"2192597562","repostType":4,"isVote":1,"tweetType":1,"viewCount":1101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":182256890,"gmtCreate":1623581217910,"gmtModify":1634031440128,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/182256890","repostId":"2143788707","repostType":4,"isVote":1,"tweetType":1,"viewCount":769,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182256907,"gmtCreate":1623581157509,"gmtModify":1634031440373,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Oic","listText":"Oic","text":"Oic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182256907","repostId":"2142204074","repostType":4,"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":699656799,"gmtCreate":1639795657556,"gmtModify":1639795657556,"author":{"id":"3586674249878940","authorId":"3586674249878940","name":"56CcLim","avatar":"https://static.tigerbbs.com/87dfe8273941f7d09718b96911eb7862","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586674249878940","idStr":"3586674249878940"},"themes":[],"htmlText":"Still need more recovery","listText":"Still need more recovery","text":"Still need more recovery","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699656799","repostId":"1116106959","repostType":4,"repost":{"id":"1116106959","kind":"news","pubTimestamp":1639785552,"share":"https://www.laohu8.com/m/news/1116106959?lang=zh_CN&edition=full","pubTime":"2021-12-18 07:59","market":"us","language":"en","title":"Wall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116106959","media":"Reuters","summary":" - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.The S","content":"<p>(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.</p><p><blockquote>(路透社)-华尔街周五收低,受大型科技股拖累,投资者担心奥密克戎冠状病毒变种,并更快消化美联储结束大流行时期刺激措施的决定。</blockquote></p><p> All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.</p><p><blockquote>在美联储周三暗示在2022年底前加息三次0.25个百分点以应对通胀飙升后,美国三大主要股指本周均收跌。</blockquote></p><p> Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.</p><p><blockquote>英伟达下跌2.1%,Alphabet下跌1.9%,均令标普500和纳斯达克承压。</blockquote></p><p> The S&P 500 growth index lost 0.7% and the value index declined 1.4%.</p><p><blockquote>标普500增长指数下跌0.7%,价值指数下跌1.4%。</blockquote></p><p> All of the 11 major S&P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.</p><p><blockquote>标普500 11大板块指数悉数下跌,金融股跌幅2.3%领跌。能源下跌2.2%。</blockquote></p><p> Adding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.</p><p><blockquote>辉瑞周五表示,疫情可能会持续到明年,这增加了不确定性。欧洲国家为进一步的旅行和社会限制做好了准备,一项研究警告说,迅速传播的奥密克戎冠状病毒变种重新感染人类的可能性是其前身达美航空的五倍。</blockquote></p><p> Traders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.</p><p><blockquote>交易员还指出,年终税收抛售以及股票期权、股指期货和指数期权合约同时到期——被称为三重巫术——是波动的潜在原因。</blockquote></p><p> \"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"</p><p><blockquote>新泽西州查塔姆Themis Trading交易联席经理Joe Saluzzi表示:“这是一个重要的期权到期日。”“现在你在此基础上利用一些奥密克戎,就会出现波动,我认为这给投资者带来了很多不确定性。今年年底你打算在哪里定位?”</blockquote></p><p> Heavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&P 500 index gained around 23% in the same period.</p><p><blockquote>包括英伟达和微软在内的权重成长股在2021年的表现优于大盘,而费城SE半导体指数则飙升了约35%。基准标普500指数同期上涨约23%。</blockquote></p><p> In Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&P 500 lost 1.03% to 4,620.64.</p><p><blockquote>周五交易中,道琼斯工业平均指数下跌1.48%,收于35,365.44点,标普500下跌1.03%,收于4,620.64点。</blockquote></p><p> The Nasdaq Composite dropped 0.07% to 15,169.68.</p><p><blockquote>纳斯达克综合指数下跌0.07%,至15,169.68点。</blockquote></p><p> On a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.</p><p><blockquote>积极的一面是,小盘股罗素2000指数在从11月初的历史高点下跌超过10%后,上涨了1%。</blockquote></p><p> With options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.</p><p><blockquote>随着期权到期,美国交易所的成交量跃升至166亿股,远高于过去20个交易日119亿股的平均水平。</blockquote></p><p> For the week, the S&P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.</p><p><blockquote>本周,标普500下跌1.9%,道琼斯指数下跌1.7%,纳斯达克下跌2.9%。</blockquote></p><p> In Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.</p><p><blockquote>周五交易中,甲骨文股价下跌6.4%,此前《华尔街日报》报道称,这家企业软件制造商正在就收购电子医疗记录公司Cerner进行谈判,交易价值可能达到300亿美元。Cerner股价飙升12.9%。</blockquote></p><p> FedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.</p><p><blockquote>尽管持续的劳工困境削弱了利润,但联邦快递公司周四恢复了最初的2022财年预测,该公司股价上涨近5%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所下跌股与上涨股的比例为1.50比1;在纳斯达克,1.16比1的比率有利于上涨者。</blockquote></p><p> The S&P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.</p><p><blockquote>标普500创下22个52周新高和7个新低;纳斯达克综合指数录得28个新高和341个新低。</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>Wall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 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\">\nWall Street ends down after mostly negative week<blockquote>华尔街在经历了大部分负面的一周后收盘下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-12-18 07:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.</p><p><blockquote>(路透社)-华尔街周五收低,受大型科技股拖累,投资者担心奥密克戎冠状病毒变种,并更快消化美联储结束大流行时期刺激措施的决定。</blockquote></p><p> All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.</p><p><blockquote>在美联储周三暗示在2022年底前加息三次0.25个百分点以应对通胀飙升后,美国三大主要股指本周均收跌。</blockquote></p><p> Nvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.</p><p><blockquote>英伟达下跌2.1%,Alphabet下跌1.9%,均令标普500和纳斯达克承压。</blockquote></p><p> The S&P 500 growth index lost 0.7% and the value index declined 1.4%.</p><p><blockquote>标普500增长指数下跌0.7%,价值指数下跌1.4%。</blockquote></p><p> All of the 11 major S&P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.</p><p><blockquote>标普500 11大板块指数悉数下跌,金融股跌幅2.3%领跌。能源下跌2.2%。</blockquote></p><p> Adding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.</p><p><blockquote>辉瑞周五表示,疫情可能会持续到明年,这增加了不确定性。欧洲国家为进一步的旅行和社会限制做好了准备,一项研究警告说,迅速传播的奥密克戎冠状病毒变种重新感染人类的可能性是其前身达美航空的五倍。</blockquote></p><p> Traders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.</p><p><blockquote>交易员还指出,年终税收抛售以及股票期权、股指期货和指数期权合约同时到期——被称为三重巫术——是波动的潜在原因。</blockquote></p><p> \"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"</p><p><blockquote>新泽西州查塔姆Themis Trading交易联席经理Joe Saluzzi表示:“这是一个重要的期权到期日。”“现在你在此基础上利用一些奥密克戎,就会出现波动,我认为这给投资者带来了很多不确定性。今年年底你打算在哪里定位?”</blockquote></p><p> Heavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&P 500 index gained around 23% in the same period.</p><p><blockquote>包括英伟达和微软在内的权重成长股在2021年的表现优于大盘,而费城SE半导体指数则飙升了约35%。基准标普500指数同期上涨约23%。</blockquote></p><p> In Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&P 500 lost 1.03% to 4,620.64.</p><p><blockquote>周五交易中,道琼斯工业平均指数下跌1.48%,收于35,365.44点,标普500下跌1.03%,收于4,620.64点。</blockquote></p><p> The Nasdaq Composite dropped 0.07% to 15,169.68.</p><p><blockquote>纳斯达克综合指数下跌0.07%,至15,169.68点。</blockquote></p><p> On a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.</p><p><blockquote>积极的一面是,小盘股罗素2000指数在从11月初的历史高点下跌超过10%后,上涨了1%。</blockquote></p><p> With options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.</p><p><blockquote>随着期权到期,美国交易所的成交量跃升至166亿股,远高于过去20个交易日119亿股的平均水平。</blockquote></p><p> For the week, the S&P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.</p><p><blockquote>本周,标普500下跌1.9%,道琼斯指数下跌1.7%,纳斯达克下跌2.9%。</blockquote></p><p> In Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.</p><p><blockquote>周五交易中,甲骨文股价下跌6.4%,此前《华尔街日报》报道称,这家企业软件制造商正在就收购电子医疗记录公司Cerner进行谈判,交易价值可能达到300亿美元。Cerner股价飙升12.9%。</blockquote></p><p> FedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.</p><p><blockquote>尽管持续的劳工困境削弱了利润,但联邦快递公司周四恢复了最初的2022财年预测,该公司股价上涨近5%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所下跌股与上涨股的比例为1.50比1;在纳斯达克,1.16比1的比率有利于上涨者。</blockquote></p><p> The S&P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.</p><p><blockquote>标普500创下22个52周新高和7个新低;纳斯达克综合指数录得28个新高和341个新低。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-ends-212015460.html\">Reuters</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-ends-212015460.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116106959","content_text":"(Reuters) - Wall Street finished lower on Friday, weighed down by Big Tech as investors worried about the Omicron coronavirus variant and digested the Federal Reserve's decision to end its pandemic-era stimulus faster.\nAll three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation.\nNvidia dropped 2.1% and Alphabet lost 1.9%, both weighing on the S&P 500 and Nasdaq.\nThe S&P 500 growth index lost 0.7% and the value index declined 1.4%.\nAll of the 11 major S&P 500 sector indexes fell, with financials leading the way down with a 2.3% drop. Energy lost 2.2%.\nAdding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than its predecessor, Delta.\nTraders also pointed to year-end tax selling and the simultaneous expiration of stock options, stock index futures and index options contracts - known as triple witching - as potential causes for volatility.\n\"It's a big options expiration day,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. \"And now you draw on top of that some Omicron, and you've got volatility, and I think it creates a lot of uncertainty amongst investors. Where are you going to position for the end of the year?\"\nHeavyweight growth stocks including Nvidia and Microsoft have outperformed the broader market in 2021, while the Philadelphia SE Semiconductor index has surged about 35%. The benchmark S&P 500 index gained around 23% in the same period.\nIn Friday's session, the Dow Jones Industrial Average fell 1.48% to end at 35,365.44 points, while the S&P 500 lost 1.03% to 4,620.64.\nThe Nasdaq Composite dropped 0.07% to 15,169.68.\nOn a positive note, the small-cap Russell 2000 index rallied 1% after having fallen more than 10% from a record high in early November.\nWith options expiring, volume on U.S. exchanges jumped to 16.6 billion shares, far above the 11.9 billion average over the last 20 trading days.\nFor the week, the S&P 500 fell 1.9%, the Dow lost 1.7% and the Nasdaq declined 2.9%.\nIn Friday's session, Oracle tumbled 6.4% after the Wall Street Journal reported the enterprise software maker is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion. Shares of Cerner surged 12.9%.\nFedEx Corp rose almost 5% after the delivery firm reinstated its original fiscal 2022 forecast on Thursday, even as persistent labor woes chipped away profits.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.16-to-1 ratio favored advancers.\nThe S&P 500 posted 22 new 52-week highs and seven new lows; the Nasdaq Composite recorded 28 new highs and 341 new lows.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}