figo00_99的个人主页 - 老虎社区

figo00_99

figo00_99

暂无个人介绍

IP属地：海外

14关注

2粉丝

0主题

0勋章

2022-04-12

U

抱歉，原内容已删除

2021-09-16

//@FrostTan: [喷血]

Is Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗？</blockquote>

2021-08-14

[难过] //@FrostTan: [Sick] //@ figo00_99: Bravo

Course Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</blockquote>

2021-07-18

Innovation

抱歉，原内容已删除

2021-07-16

Expanding

抱歉，原内容已删除

2021-07-15

Time to buy more!

Why NIO Stock Is Down Wednesday<blockquote>为什么蔚来股价周三下跌</blockquote>

2021-07-15

Bravo

Course Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</blockquote>

2021-07-14

Will the price spike after the pamdemic fully ended?

BRIEF-Delta To Add Airbus, Boeing Aircraft To Fleet Amid Travel Demand Recovery<blockquote>简报-随着旅行需求复苏，达美航空将在机队中增加空客和波音飞机</blockquote>

2021-07-14

Just some retracement

抱歉，原内容已删除

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"4088662188281630","uuid":"4088662188281630","gmtCreate":1625559522564,"gmtModify":1641272673462,"name":"figo00_99","pinyin":"figo0099figo0099","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":14,"tweetSize":9,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-3","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"偶像虎友","description":"加入老虎社区1500天","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.08.15","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.18","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":2,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"海外","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":613343925,"gmtCreate":1649734516873,"gmtModify":1649734516979,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088662188281630","authorIdStr":"4088662188281630"},"themes":[],"htmlText":"U","listText":"U","text":"U","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/613343925","repostId":"1137162989","repostType":4,"isVote":1,"tweetType":1,"viewCount":1724,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":885329279,"gmtCreate":1631757847791,"gmtModify":1632806363121,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088662188281630","authorIdStr":"4088662188281630"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/4088478993191860\">@FrostTan</a>: [喷血]&nbsp;","listText":"//<a href=\"https://laohu8.com/U/4088478993191860\">@FrostTan</a>: [喷血]&nbsp;","text":"//@FrostTan: [喷血]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":84,"repostSize":0,"link":"https://laohu8.com/post/885329279","repostId":"1110751791","repostType":4,"repost":{"id":"1110751791","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":1627910385,"share":"https://www.laohu8.com/m/news/1110751791?lang=zh_CN&edition=full","pubTime":"2021-08-02 21:19","market":"us","language":"en","title":"Is Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1110751791","media":"Benzinga","summary":"Shares of Lordstown Motors Corp. may have broken an important support level. Even worse, there’s a c","content":"<p>Shares of&nbsp;<b><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a></b>&nbsp;may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.</p><p><blockquote>本公司之股份<b><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a></b>可能已经突破了重要支撑位。更糟糕的是，这个水平有可能变成阻力。这可能会保持股票的上限。</blockquote></p><p> The support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.</p><p><blockquote>支撑位在7美元。当RIDE在5月份达到该水平时，下降趋势结束。这是因为在这个水平上，股票的需求大于供给。买家拿走了卖家拥有的所有股票，随后出现了反弹。</blockquote></p><p> But now the shares have broken this support level. They are trading lower.</p><p><blockquote>但现在股价已经突破了这一支撑位。他们的交易价格较低。</blockquote></p><p> Many of the investors who bought RIDE at $7 now regret their decision to do so. A number of them decide to sell, but they will only if they can sell them at the same price they bought at. This way they won’t lose any money.</p><p><blockquote>许多以7美元购买RIDE的投资者现在后悔自己这样做的决定。他们中的一些人决定出售，但只有当他们能以与购买时相同的价格出售时，他们才会出售。这样他们就不会损失任何钱。</blockquote></p><p> As a result, they place their sell orders at $7. If there are enough of them, it will form resistance. This supply of stock may keep a top on the price.</p><p><blockquote>因此，他们以7美元的价格下了卖单。如果数量足够多，就会形成阻力。这种库存供应可能会使价格保持高位。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/83205ce32db5a8714cea3d25a6bc2ae9\" tg-width=\"1608\" tg-height=\"821\" referrerpolicy=\"no-referrer\"></p><p><blockquote></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>Is Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗？</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\">\nIs Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗？</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\">2021-08-02 21:19</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Shares of&nbsp;<b><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a></b>&nbsp;may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.</p><p><blockquote>本公司之股份<b><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a></b>可能已经突破了重要支撑位。更糟糕的是，这个水平有可能变成阻力。这可能会保持股票的上限。</blockquote></p><p> The support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.</p><p><blockquote>支撑位在7美元。当RIDE在5月份达到该水平时，下降趋势结束。这是因为在这个水平上，股票的需求大于供给。买家拿走了卖家拥有的所有股票，随后出现了反弹。</blockquote></p><p> But now the shares have broken this support level. They are trading lower.</p><p><blockquote>但现在股价已经突破了这一支撑位。他们的交易价格较低。</blockquote></p><p> Many of the investors who bought RIDE at $7 now regret their decision to do so. A number of them decide to sell, but they will only if they can sell them at the same price they bought at. This way they won’t lose any money.</p><p><blockquote>许多以7美元购买RIDE的投资者现在后悔自己这样做的决定。他们中的一些人决定出售，但只有当他们能以与购买时相同的价格出售时，他们才会出售。这样他们就不会损失任何钱。</blockquote></p><p> As a result, they place their sell orders at $7. If there are enough of them, it will form resistance. This supply of stock may keep a top on the price.</p><p><blockquote>因此，他们以7美元的价格下了卖单。如果数量足够多，就会形成阻力。这种库存供应可能会使价格保持高位。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/83205ce32db5a8714cea3d25a6bc2ae9\" tg-width=\"1608\" tg-height=\"821\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110751791","content_text":"Shares of Lordstown Motors Corp. may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.\nThe support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.\nBut now the shares have broken this support level. They are trading lower.\nMany of the investors who bought RIDE at $7 now regret their decision to do so. A number of them decide to sell, but they will only if they can sell them at the same price they bought at. This way they won’t lose any money.\nAs a result, they place their sell orders at $7. If there are enough of them, it will form resistance. This supply of stock may keep a top on the price.","news_type":1,"symbols_score_info":{"RIDE":0.9}},"isVote":1,"tweetType":1,"viewCount":2675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":897848502,"gmtCreate":1628908030206,"gmtModify":1633688582215,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088662188281630","authorIdStr":"4088662188281630"},"themes":[],"htmlText":"[难过]&nbsp;//<a href=\"https://laohu8.com/U/4088478993191860\">@FrostTan</a>: [Sick] &nbsp; //<a href=\"https://laohu8.com/U/4088662188281630\">@ figo00_99</a>: Bravo","listText":"[难过]&nbsp;//<a href=\"https://laohu8.com/U/4088478993191860\">@FrostTan</a>: [Sick] &nbsp; //<a href=\"https://laohu8.com/U/4088662188281630\">@ figo00_99</a>: Bravo","text":"[难过] //@FrostTan: [Sick] //@ figo00_99: Bravo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/897848502","repostId":"1171796369","repostType":2,"repost":{"id":"1171796369","kind":"news","pubTimestamp":1626309930,"share":"https://www.laohu8.com/m/news/1171796369?lang=zh_CN&edition=full","pubTime":"2021-07-15 08:45","market":"us","language":"en","title":"Course Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171796369","media":"zerohedge","summary":"This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release ","content":"<p>This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –<b>when, how big, and what maturities?</b></p><p><blockquote>本周五，财政部将在中午发布一级交易商调查问卷，开始即将召开的季度退款会议。利率交易者将密切关注的一个领域是息票发行的潜在削减——<b>什么时候，多大，什么期限？</b></blockquote></p><p> Such a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.</p><p><blockquote>此举将代表着长期趋势的重大逆转：正如DB的Steven Zend提醒我们的那样，2020年4月至11月期间，财政部迅速提高了息票证券的发行规模，将月总销售额从新冠疫情爆发前的约2250亿美元增至目前的约3700亿美元。因此，在目前的关头，如果未来没有任何财政“冲击”，财政部将在未来几年过度融资。</blockquote></p><p> This month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,<b>deficits are expected to fall significantly and average $1.2 trillion annually.</b>In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggests<b>there is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.</b></p><p><blockquote>本月，CBO更新了其基线长期赤字预测。如前所述，相对于3月份的预测，国会预算官员现在预计，由于经济走强带来的收入增加，赤字将会减少。结果2021年之后，<b>赤字预计将大幅下降，平均每年1.2万亿美元。</b>相比之下，财政部的息票融资能力看起来太大了，根据曾的估计，2022财年将产生2.6万亿美元的净发行量，2023财年为2.2万亿美元，2024财年为1.8万亿美元。在其他条件相同的情况下，这表明<b>最快今年就有减少优惠券发行的空间，前两年每年减少5000亿或更多。</b></blockquote></p><p> So how should these cuts be allocated?</p><p><blockquote>那么这些削减应该如何分配呢？</blockquote></p><p> Answering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.</p><p><blockquote>在回答这个问题时，曾写道，减少短期债券的发行可以让财政部延长其债务的平均期限并降低未来的展期风险。但可能需要削减长期债券，以解决去年规模增长带来的流动性问题，特别是在20年期行业。此外，长期大幅削减也可能对市场产生影响。根据财政部最终决定的金额，DB策略师得出的结论是，削减可以在整个曲线上分配，但会偏向长期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/86e3bad4a92b999dc07b463340feffab\" tg-width=\"702\" tg-height=\"388\">In any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.</p><p><blockquote>无论如何，虽然即将到来的退款还为时过早，但如果财政部计划在11月份进行这些削减，将发出一个强烈的信号，曾认为这是现实的。</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>Course Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</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\">\nCourse Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-07-15 08:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p>This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –<b>when, how big, and what maturities?</b></p><p><blockquote>本周五，财政部将在中午发布一级交易商调查问卷，开始即将召开的季度退款会议。利率交易者将密切关注的一个领域是息票发行的潜在削减——<b>什么时候，多大，什么期限？</b></blockquote></p><p> Such a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.</p><p><blockquote>此举将代表着长期趋势的重大逆转：正如DB的Steven Zend提醒我们的那样，2020年4月至11月期间，财政部迅速提高了息票证券的发行规模，将月总销售额从新冠疫情爆发前的约2250亿美元增至目前的约3700亿美元。因此，在目前的关头，如果未来没有任何财政“冲击”，财政部将在未来几年过度融资。</blockquote></p><p> This month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,<b>deficits are expected to fall significantly and average $1.2 trillion annually.</b>In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggests<b>there is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.</b></p><p><blockquote>本月，CBO更新了其基线长期赤字预测。如前所述，相对于3月份的预测，国会预算官员现在预计，由于经济走强带来的收入增加，赤字将会减少。结果2021年之后，<b>赤字预计将大幅下降，平均每年1.2万亿美元。</b>相比之下，财政部的息票融资能力看起来太大了，根据曾的估计，2022财年将产生2.6万亿美元的净发行量，2023财年为2.2万亿美元，2024财年为1.8万亿美元。在其他条件相同的情况下，这表明<b>最快今年就有减少优惠券发行的空间，前两年每年减少5000亿或更多。</b></blockquote></p><p> So how should these cuts be allocated?</p><p><blockquote>那么这些削减应该如何分配呢？</blockquote></p><p> Answering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.</p><p><blockquote>在回答这个问题时，曾写道，减少短期债券的发行可以让财政部延长其债务的平均期限并降低未来的展期风险。但可能需要削减长期债券，以解决去年规模增长带来的流动性问题，特别是在20年期行业。此外，长期大幅削减也可能对市场产生影响。根据财政部最终决定的金额，DB策略师得出的结论是，削减可以在整个曲线上分配，但会偏向长期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/86e3bad4a92b999dc07b463340feffab\" tg-width=\"702\" tg-height=\"388\">In any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.</p><p><blockquote>无论如何，虽然即将到来的退款还为时过早，但如果财政部计划在11月份进行这些削减，将发出一个强烈的信号，曾认为这是现实的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/course-reversal-when-and-where-will-treasury-make-coupon-cuts\">zerohedge</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":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/course-reversal-when-and-where-will-treasury-make-coupon-cuts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171796369","content_text":"This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –when, how big, and what maturities?\nSuch a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.\nThis month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,deficits are expected to fall significantly and average $1.2 trillion annually.In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggeststhere is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.\nSo how should these cuts be allocated?\nAnswering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.\nIn any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":179516324,"gmtCreate":1626562813768,"gmtModify":1633925934956,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088662188281630","authorIdStr":"4088662188281630"},"themes":[],"htmlText":"Innovation","listText":"Innovation","text":"Innovation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/179516324","repostId":"2152681854","repostType":4,"isVote":1,"tweetType":1,"viewCount":2077,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147700637,"gmtCreate":1626389521429,"gmtModify":1633927322821,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088662188281630","authorIdStr":"4088662188281630"},"themes":[],"htmlText":"Expanding","listText":"Expanding","text":"Expanding","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/147700637","repostId":"2151757915","repostType":2,"isVote":1,"tweetType":1,"viewCount":1386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144440690,"gmtCreate":1626311715810,"gmtModify":1631885481595,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088662188281630","authorIdStr":"4088662188281630"},"themes":[],"htmlText":"Time to buy more!","listText":"Time to buy more!","text":"Time to buy more!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/144440690","repostId":"1150057304","repostType":2,"repost":{"id":"1150057304","kind":"news","pubTimestamp":1626308096,"share":"https://www.laohu8.com/m/news/1150057304?lang=zh_CN&edition=full","pubTime":"2021-07-15 08:14","market":"us","language":"en","title":"Why NIO Stock Is Down Wednesday<blockquote>为什么蔚来股价周三下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150057304","media":"Motley Fool","summary":"Investors are still skittish after last week's actions against DiDi Global.Shares of Chinese electric-vehicle maker NIO were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action againstDiDi Globaland other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.As of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.Is tha","content":"<p>  Investors are still skittish after last week's actions against DiDi Global.  <img src=\"https://static.tigerbbs.com/b315487554190ffd86889bd9c5a0b49a\" tg-width=\"663\" tg-height=\"440\"></p><p><blockquote>在上周针对滴滴全球的行动之后，投资者仍然感到不安。</blockquote></p><p> <b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Shares of Chinese electric-vehicle maker&nbsp;<b>NIO</b>(NYSE:NIO)&nbsp;were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action against<b>DiDi Global</b>(NYSE:DIDI)and other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.</p><p><blockquote>中国电动汽车制造商的股票<b>蔚来</b>（纽约证券交易所股票代码：蔚来）周三交易走低。尽管自中国政府对在美上市的中概股采取行动以来，投资者对在美上市中概股的担忧挥之不去<b>滴滴全球</b>(NYSE：DIDI)等上周近期上市的个股，周三的下跌并没有立即明显的触发因素。</blockquote></p><p> As of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.</p><p><blockquote>截至下午2点美国东部时间，蔚来在纽约交易的股价较周二收盘价下跌约4.6%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> China's government said last week that it has launchedcybersecurity reviewson DiDi and other app-centered Chinese companies that have listed on U.S. stock exchanges this year, including<b>Kanzhun</b>&nbsp;and<b>Full Truck Alliance</b>. Regulators appear to be concerned that the audits and oversight required of U.S.-listed companies could somehow compromise the security of Chinese consumers' personal information.</p><p><blockquote>中国政府上周表示，已对滴滴和其他今年在美国证券交易所上市的以应用程序为中心的中国公司启动网络安全审查，包括<b>看准</b>和<b>全卡车联盟</b>监管机构似乎担心，美国上市公司所需的审计和监督可能会在某种程度上损害中国消费者个人信息的安全。</blockquote></p><p> But it's not clear that those concerns should (or will) extend to NIO. While the company does provide an app for its customers, it's mostly a carmaker -- and its shares have beenlisted on the New York Stock Exchange since 2018.</p><p><blockquote>但尚不清楚这些担忧是否应该（或将）延伸到蔚来。虽然该公司确实为客户提供应用程序，但它主要是一家汽车制造商，其股票自2018年以来一直在纽约证券交易所上市。</blockquote></p><p> Is that why NIO's shares are down Wednesday? It seems likely: NIO itself had no news (positive, negative, or otherwise) to share on Wednesday, and only minor news (a new director was appointed) earlier in the week.</p><p><blockquote>这就是蔚来股价周三下跌的原因吗？这似乎很有可能：蔚来本身周三没有任何消息（正面、负面或其他）可以分享，本周早些时候只有一些小消息（任命了一位新董事）。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> If there is a concern raised by the DiDi situation, it's that future Chinese government actions could limit NIO's ability to raise cash from U.S. investors. That wouldn't be ideal, but the company has other avenues to raise cash, including a (likely) future listing on Hong Kong's exchange.</p><p><blockquote>如果滴滴的情况引发了人们的担忧，那就是中国政府未来的行动可能会限制蔚来从美国投资者那里筹集现金的能力。这并不理想，但该公司还有其他途径来筹集现金，包括（可能）未来在香港交易所上市。</blockquote></p><p> In the meantime, NIO has plenty of cash on hand, a strong order book, and two new models coming next year. For now at least, I don't think the action against DiDi is enough of a reason forauto investorsto sell NIO.</p><p><blockquote>与此同时，蔚来手头有充足的现金、强劲的订单以及明年即将推出的两款新车型。至少目前，我认为针对滴滴的行动不足以成为汽车投资者出售蔚来的理由。</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>Why NIO Stock Is Down Wednesday<blockquote>为什么蔚来股价周三下跌</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; 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\">\nWhy NIO Stock Is Down Wednesday<blockquote>为什么蔚来股价周三下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-07-15 08:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Investors are still skittish after last week's actions against DiDi Global.  <img src=\"https://static.tigerbbs.com/b315487554190ffd86889bd9c5a0b49a\" tg-width=\"663\" tg-height=\"440\"></p><p><blockquote>在上周针对滴滴全球的行动之后，投资者仍然感到不安。</blockquote></p><p> <b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Shares of Chinese electric-vehicle maker&nbsp;<b>NIO</b>(NYSE:NIO)&nbsp;were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action against<b>DiDi Global</b>(NYSE:DIDI)and other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.</p><p><blockquote>中国电动汽车制造商的股票<b>蔚来</b>（纽约证券交易所股票代码：蔚来）周三交易走低。尽管自中国政府对在美上市的中概股采取行动以来，投资者对在美上市中概股的担忧挥之不去<b>滴滴全球</b>(NYSE：DIDI)等上周近期上市的个股，周三的下跌并没有立即明显的触发因素。</blockquote></p><p> As of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.</p><p><blockquote>截至下午2点美国东部时间，蔚来在纽约交易的股价较周二收盘价下跌约4.6%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> China's government said last week that it has launchedcybersecurity reviewson DiDi and other app-centered Chinese companies that have listed on U.S. stock exchanges this year, including<b>Kanzhun</b>&nbsp;and<b>Full Truck Alliance</b>. Regulators appear to be concerned that the audits and oversight required of U.S.-listed companies could somehow compromise the security of Chinese consumers' personal information.</p><p><blockquote>中国政府上周表示，已对滴滴和其他今年在美国证券交易所上市的以应用程序为中心的中国公司启动网络安全审查，包括<b>看准</b>和<b>全卡车联盟</b>监管机构似乎担心，美国上市公司所需的审计和监督可能会在某种程度上损害中国消费者个人信息的安全。</blockquote></p><p> But it's not clear that those concerns should (or will) extend to NIO. While the company does provide an app for its customers, it's mostly a carmaker -- and its shares have beenlisted on the New York Stock Exchange since 2018.</p><p><blockquote>但尚不清楚这些担忧是否应该（或将）延伸到蔚来。虽然该公司确实为客户提供应用程序，但它主要是一家汽车制造商，其股票自2018年以来一直在纽约证券交易所上市。</blockquote></p><p> Is that why NIO's shares are down Wednesday? It seems likely: NIO itself had no news (positive, negative, or otherwise) to share on Wednesday, and only minor news (a new director was appointed) earlier in the week.</p><p><blockquote>这就是蔚来股价周三下跌的原因吗？这似乎很有可能：蔚来本身周三没有任何消息（正面、负面或其他）可以分享，本周早些时候只有一些小消息（任命了一位新董事）。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> If there is a concern raised by the DiDi situation, it's that future Chinese government actions could limit NIO's ability to raise cash from U.S. investors. That wouldn't be ideal, but the company has other avenues to raise cash, including a (likely) future listing on Hong Kong's exchange.</p><p><blockquote>如果滴滴的情况引发了人们的担忧，那就是中国政府未来的行动可能会限制蔚来从美国投资者那里筹集现金的能力。这并不理想，但该公司还有其他途径来筹集现金，包括（可能）未来在香港交易所上市。</blockquote></p><p> In the meantime, NIO has plenty of cash on hand, a strong order book, and two new models coming next year. For now at least, I don't think the action against DiDi is enough of a reason forauto investorsto sell NIO.</p><p><blockquote>与此同时，蔚来手头有充足的现金、强劲的订单以及明年即将推出的两款新车型。至少目前，我认为针对滴滴的行动不足以成为汽车投资者出售蔚来的理由。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/\">Motley Fool</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":{"NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150057304","content_text":"Investors are still skittish after last week's actions against DiDi Global.\n\n\nWhat happened\nShares of Chinese electric-vehicle maker NIO(NYSE:NIO) were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action againstDiDi Global(NYSE:DIDI)and other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.\nAs of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.\nSo what\nChina's government said last week that it has launchedcybersecurity reviewson DiDi and other app-centered Chinese companies that have listed on U.S. stock exchanges this year, includingKanzhun andFull Truck Alliance. Regulators appear to be concerned that the audits and oversight required of U.S.-listed companies could somehow compromise the security of Chinese consumers' personal information.\nBut it's not clear that those concerns should (or will) extend to NIO. While the company does provide an app for its customers, it's mostly a carmaker -- and its shares have beenlisted on the New York Stock Exchange since 2018.\nIs that why NIO's shares are down Wednesday? It seems likely: NIO itself had no news (positive, negative, or otherwise) to share on Wednesday, and only minor news (a new director was appointed) earlier in the week.\nNow what\nIf there is a concern raised by the DiDi situation, it's that future Chinese government actions could limit NIO's ability to raise cash from U.S. investors. That wouldn't be ideal, but the company has other avenues to raise cash, including a (likely) future listing on Hong Kong's exchange.\nIn the meantime, NIO has plenty of cash on hand, a strong order book, and two new models coming next year. For now at least, I don't think the action against DiDi is enough of a reason forauto investorsto sell NIO.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144428072,"gmtCreate":1626311135096,"gmtModify":1633928015349,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088662188281630","authorIdStr":"4088662188281630"},"themes":[],"htmlText":"Bravo","listText":"Bravo","text":"Bravo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/144428072","repostId":"1171796369","repostType":2,"repost":{"id":"1171796369","kind":"news","pubTimestamp":1626309930,"share":"https://www.laohu8.com/m/news/1171796369?lang=zh_CN&edition=full","pubTime":"2021-07-15 08:45","market":"us","language":"en","title":"Course Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171796369","media":"zerohedge","summary":"This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release ","content":"<p>This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –<b>when, how big, and what maturities?</b></p><p><blockquote>本周五，财政部将在中午发布一级交易商调查问卷，开始即将召开的季度退款会议。利率交易者将密切关注的一个领域是息票发行的潜在削减——<b>什么时候，多大，什么期限？</b></blockquote></p><p> Such a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.</p><p><blockquote>此举将代表着长期趋势的重大逆转：正如DB的Steven Zend提醒我们的那样，2020年4月至11月期间，财政部迅速提高了息票证券的发行规模，将月总销售额从新冠疫情爆发前的约2250亿美元增至目前的约3700亿美元。因此，在目前的关头，如果未来没有任何财政“冲击”，财政部将在未来几年过度融资。</blockquote></p><p> This month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,<b>deficits are expected to fall significantly and average $1.2 trillion annually.</b>In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggests<b>there is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.</b></p><p><blockquote>本月，CBO更新了其基线长期赤字预测。如前所述，相对于3月份的预测，国会预算官员现在预计，由于经济走强带来的收入增加，赤字将会减少。结果2021年之后，<b>赤字预计将大幅下降，平均每年1.2万亿美元。</b>相比之下，财政部的息票融资能力看起来太大了，根据曾的估计，2022财年将产生2.6万亿美元的净发行量，2023财年为2.2万亿美元，2024财年为1.8万亿美元。在其他条件相同的情况下，这表明<b>最快今年就有减少优惠券发行的空间，前两年每年减少5000亿或更多。</b></blockquote></p><p> So how should these cuts be allocated?</p><p><blockquote>那么这些削减应该如何分配呢？</blockquote></p><p> Answering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.</p><p><blockquote>在回答这个问题时，曾写道，减少短期债券的发行可以让财政部延长其债务的平均期限并降低未来的展期风险。但可能需要削减长期债券，以解决去年规模增长带来的流动性问题，特别是在20年期行业。此外，长期大幅削减也可能对市场产生影响。根据财政部最终决定的金额，DB策略师得出的结论是，削减可以在整个曲线上分配，但会偏向长期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/86e3bad4a92b999dc07b463340feffab\" tg-width=\"702\" tg-height=\"388\">In any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.</p><p><blockquote>无论如何，虽然即将到来的退款还为时过早，但如果财政部计划在11月份进行这些削减，将发出一个强烈的信号，曾认为这是现实的。</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>Course Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</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\">\nCourse Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-07-15 08:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p>This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –<b>when, how big, and what maturities?</b></p><p><blockquote>本周五，财政部将在中午发布一级交易商调查问卷，开始即将召开的季度退款会议。利率交易者将密切关注的一个领域是息票发行的潜在削减——<b>什么时候，多大，什么期限？</b></blockquote></p><p> Such a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.</p><p><blockquote>此举将代表着长期趋势的重大逆转：正如DB的Steven Zend提醒我们的那样，2020年4月至11月期间，财政部迅速提高了息票证券的发行规模，将月总销售额从新冠疫情爆发前的约2250亿美元增至目前的约3700亿美元。因此，在目前的关头，如果未来没有任何财政“冲击”，财政部将在未来几年过度融资。</blockquote></p><p> This month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,<b>deficits are expected to fall significantly and average $1.2 trillion annually.</b>In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggests<b>there is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.</b></p><p><blockquote>本月，CBO更新了其基线长期赤字预测。如前所述，相对于3月份的预测，国会预算官员现在预计，由于经济走强带来的收入增加，赤字将会减少。结果2021年之后，<b>赤字预计将大幅下降，平均每年1.2万亿美元。</b>相比之下，财政部的息票融资能力看起来太大了，根据曾的估计，2022财年将产生2.6万亿美元的净发行量，2023财年为2.2万亿美元，2024财年为1.8万亿美元。在其他条件相同的情况下，这表明<b>最快今年就有减少优惠券发行的空间，前两年每年减少5000亿或更多。</b></blockquote></p><p> So how should these cuts be allocated?</p><p><blockquote>那么这些削减应该如何分配呢？</blockquote></p><p> Answering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.</p><p><blockquote>在回答这个问题时，曾写道，减少短期债券的发行可以让财政部延长其债务的平均期限并降低未来的展期风险。但可能需要削减长期债券，以解决去年规模增长带来的流动性问题，特别是在20年期行业。此外，长期大幅削减也可能对市场产生影响。根据财政部最终决定的金额，DB策略师得出的结论是，削减可以在整个曲线上分配，但会偏向长期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/86e3bad4a92b999dc07b463340feffab\" tg-width=\"702\" tg-height=\"388\">In any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.</p><p><blockquote>无论如何，虽然即将到来的退款还为时过早，但如果财政部计划在11月份进行这些削减，将发出一个强烈的信号，曾认为这是现实的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/course-reversal-when-and-where-will-treasury-make-coupon-cuts\">zerohedge</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":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/course-reversal-when-and-where-will-treasury-make-coupon-cuts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171796369","content_text":"This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –when, how big, and what maturities?\nSuch a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.\nThis month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,deficits are expected to fall significantly and average $1.2 trillion annually.In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggeststhere is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.\nSo how should these cuts be allocated?\nAnswering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.\nIn any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145601867,"gmtCreate":1626219828659,"gmtModify":1633929002409,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088662188281630","authorIdStr":"4088662188281630"},"themes":[],"htmlText":"Will the price spike after the pamdemic fully ended?","listText":"Will the price spike after the pamdemic fully ended?","text":"Will the price spike after the pamdemic fully ended?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/145601867","repostId":"2151859858","repostType":2,"repost":{"id":"2151859858","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626215820,"share":"https://www.laohu8.com/m/news/2151859858?lang=zh_CN&edition=full","pubTime":"2021-07-14 06:37","market":"us","language":"en","title":"BRIEF-Delta To Add Airbus, Boeing Aircraft To Fleet Amid Travel Demand Recovery<blockquote>简报-随着旅行需求复苏，达美航空将在机队中增加空客和波音飞机</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2151859858","media":"Reuters","summary":"July 13 (Reuters) - Delta Air Lines:   * DELTA TO ADD AIRBUS, BOEING AIRCRAFT TO FLEET AMID TRAVEL D","content":"<p><html><body>July 13 (Reuters) - Delta Air Lines:</p><p><blockquote><html><body>路透7月13日-达美航空：</body></html></blockquote></p><p>   * DELTA TO ADD AIRBUS, BOEING AIRCRAFT TO FLEET AMID TRAVEL DEMAND RECOVERY</p><p><blockquote>*随着旅行需求复苏，达美航空将在机队中增加空客和波音飞机</blockquote></p><p>   * DELTA AIR LINES - ENTERED INTO AGREEMENTS TO ADD 29 USED BOEING 737-900ERS AND LEASE SEVEN USED AIRBUS A350-900S</p><p><blockquote>*达美航空-签订协议增加29架二手波音737-900ER及租赁7架二手空客A350-900ER</blockquote></p><p>   * DELTA AIR LINES INC - WILL LEASE A350S THROUGH AERCAP &amp; PURCHASE 27 OF THE 737-900ERS FROM FUNDS MANAGED BY CASTLELAKE, L.P.</p><p><blockquote>*达美航空公司-将通过AERCAP租赁A350S，并从CASTLELAKE，L.P.管理的基金购买27架737-900s。</blockquote></p><p>   * DELTA AIR LINES INC - REMAINING TWO 737-900ERS WILL BE FINANCED FROM FUNDS ALSO MANAGED BY CASTLELAKE, L.P</p><p><blockquote>*DELTA AIR LINES INC-剩余的两架737-900飞机将由CASTLELAKE，L.P.管理的基金提供资金</blockquote></p><p>   * DELTA AIR LINES INC - DELIVERIES OF AIRCRAFT WILL BE COMPLETED BY FIRST QUARTER OF 2022</p><p><blockquote>*达美航空-飞机交付将于2022年第一季度完成</blockquote></p><p>Source text: () Further company coverage:   </p><p><blockquote>源文本：()更多公司报道：</blockquote></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p><p><blockquote>（（Reuters.Briefs@thomsonreuters.com；））</blockquote></p><p></body></html></p><p><blockquote></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>BRIEF-Delta To Add Airbus, Boeing Aircraft To Fleet Amid Travel Demand Recovery<blockquote>简报-随着旅行需求复苏，达美航空将在机队中增加空客和波音飞机</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\">\nBRIEF-Delta To Add Airbus, Boeing Aircraft To Fleet Amid Travel Demand Recovery<blockquote>简报-随着旅行需求复苏，达美航空将在机队中增加空客和波音飞机</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2021-07-14 06:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><body>July 13 (Reuters) - Delta Air Lines:</p><p><blockquote><html><body>路透7月13日-达美航空：</body></html></blockquote></p><p>   * DELTA TO ADD AIRBUS, BOEING AIRCRAFT TO FLEET AMID TRAVEL DEMAND RECOVERY</p><p><blockquote>*随着旅行需求复苏，达美航空将在机队中增加空客和波音飞机</blockquote></p><p>   * DELTA AIR LINES - ENTERED INTO AGREEMENTS TO ADD 29 USED BOEING 737-900ERS AND LEASE SEVEN USED AIRBUS A350-900S</p><p><blockquote>*达美航空-签订协议增加29架二手波音737-900ER及租赁7架二手空客A350-900ER</blockquote></p><p>   * DELTA AIR LINES INC - WILL LEASE A350S THROUGH AERCAP &amp; PURCHASE 27 OF THE 737-900ERS FROM FUNDS MANAGED BY CASTLELAKE, L.P.</p><p><blockquote>*达美航空公司-将通过AERCAP租赁A350S，并从CASTLELAKE，L.P.管理的基金购买27架737-900s。</blockquote></p><p>   * DELTA AIR LINES INC - REMAINING TWO 737-900ERS WILL BE FINANCED FROM FUNDS ALSO MANAGED BY CASTLELAKE, L.P</p><p><blockquote>*DELTA AIR LINES INC-剩余的两架737-900飞机将由CASTLELAKE，L.P.管理的基金提供资金</blockquote></p><p>   * DELTA AIR LINES INC - DELIVERIES OF AIRCRAFT WILL BE COMPLETED BY FIRST QUARTER OF 2022</p><p><blockquote>*达美航空-飞机交付将于2022年第一季度完成</blockquote></p><p>Source text: () Further company coverage:   </p><p><blockquote>源文本：()更多公司报道：</blockquote></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p><p><blockquote>（（Reuters.Briefs@thomsonreuters.com；））</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音","AER":"Aercap飞机租赁","DAL":"达美航空"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151859858","content_text":"July 13 (Reuters) - Delta Air Lines:   * DELTA TO ADD AIRBUS, BOEING AIRCRAFT TO FLEET AMID TRAVEL DEMAND RECOVERY   * DELTA AIR LINES - ENTERED INTO AGREEMENTS TO ADD 29 USED BOEING 737-900ERS AND LEASE SEVEN USED AIRBUS A350-900S   * DELTA AIR LINES INC - WILL LEASE A350S THROUGH AERCAP & PURCHASE 27 OF THE 737-900ERS FROM FUNDS MANAGED BY CASTLELAKE, L.P.   * DELTA AIR LINES INC - REMAINING TWO 737-900ERS WILL BE FINANCED FROM FUNDS ALSO MANAGED BY CASTLELAKE, L.P   * DELTA AIR LINES INC - DELIVERIES OF AIRCRAFT WILL BE COMPLETED BY FIRST QUARTER OF 2022Source text: () Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","news_type":1,"symbols_score_info":{"DAL":0.9,"BA":1,"AER":0.9}},"isVote":1,"tweetType":1,"viewCount":1395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145600778,"gmtCreate":1626219732394,"gmtModify":1631883987235,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088662188281630","authorIdStr":"4088662188281630"},"themes":[],"htmlText":"Just some retracement","listText":"Just some retracement","text":"Just some retracement","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/145600778","repostId":"2151560584","repostType":2,"isVote":1,"tweetType":1,"viewCount":1222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":885329279,"gmtCreate":1631757847791,"gmtModify":1632806363121,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088662188281630","idStr":"4088662188281630"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/4088478993191860\">@FrostTan</a>: [喷血]&nbsp;","listText":"//<a href=\"https://laohu8.com/U/4088478993191860\">@FrostTan</a>: [喷血]&nbsp;","text":"//@FrostTan: [喷血]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":84,"repostSize":0,"link":"https://laohu8.com/post/885329279","repostId":"1110751791","repostType":4,"repost":{"id":"1110751791","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":1627910385,"share":"https://www.laohu8.com/m/news/1110751791?lang=zh_CN&edition=full","pubTime":"2021-08-02 21:19","market":"us","language":"en","title":"Is Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1110751791","media":"Benzinga","summary":"Shares of Lordstown Motors Corp. may have broken an important support level. Even worse, there’s a c","content":"<p>Shares of&nbsp;<b><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a></b>&nbsp;may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.</p><p><blockquote>本公司之股份<b><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a></b>可能已经突破了重要支撑位。更糟糕的是，这个水平有可能变成阻力。这可能会保持股票的上限。</blockquote></p><p> The support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.</p><p><blockquote>支撑位在7美元。当RIDE在5月份达到该水平时，下降趋势结束。这是因为在这个水平上，股票的需求大于供给。买家拿走了卖家拥有的所有股票，随后出现了反弹。</blockquote></p><p> But now the shares have broken this support level. They are trading lower.</p><p><blockquote>但现在股价已经突破了这一支撑位。他们的交易价格较低。</blockquote></p><p> Many of the investors who bought RIDE at $7 now regret their decision to do so. A number of them decide to sell, but they will only if they can sell them at the same price they bought at. This way they won’t lose any money.</p><p><blockquote>许多以7美元购买RIDE的投资者现在后悔自己这样做的决定。他们中的一些人决定出售，但只有当他们能以与购买时相同的价格出售时，他们才会出售。这样他们就不会损失任何钱。</blockquote></p><p> As a result, they place their sell orders at $7. If there are enough of them, it will form resistance. This supply of stock may keep a top on the price.</p><p><blockquote>因此，他们以7美元的价格下了卖单。如果数量足够多，就会形成阻力。这种库存供应可能会使价格保持高位。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/83205ce32db5a8714cea3d25a6bc2ae9\" tg-width=\"1608\" tg-height=\"821\" referrerpolicy=\"no-referrer\"></p><p><blockquote></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>Is Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗？</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\">\nIs Lordstown Motors Stock About To Pull Back?<blockquote>洛兹敦汽车公司股票即将回调吗？</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\">2021-08-02 21:19</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Shares of&nbsp;<b><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a></b>&nbsp;may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.</p><p><blockquote>本公司之股份<b><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a></b>可能已经突破了重要支撑位。更糟糕的是，这个水平有可能变成阻力。这可能会保持股票的上限。</blockquote></p><p> The support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.</p><p><blockquote>支撑位在7美元。当RIDE在5月份达到该水平时，下降趋势结束。这是因为在这个水平上，股票的需求大于供给。买家拿走了卖家拥有的所有股票，随后出现了反弹。</blockquote></p><p> But now the shares have broken this support level. They are trading lower.</p><p><blockquote>但现在股价已经突破了这一支撑位。他们的交易价格较低。</blockquote></p><p> Many of the investors who bought RIDE at $7 now regret their decision to do so. A number of them decide to sell, but they will only if they can sell them at the same price they bought at. This way they won’t lose any money.</p><p><blockquote>许多以7美元购买RIDE的投资者现在后悔自己这样做的决定。他们中的一些人决定出售，但只有当他们能以与购买时相同的价格出售时，他们才会出售。这样他们就不会损失任何钱。</blockquote></p><p> As a result, they place their sell orders at $7. If there are enough of them, it will form resistance. This supply of stock may keep a top on the price.</p><p><blockquote>因此，他们以7美元的价格下了卖单。如果数量足够多，就会形成阻力。这种库存供应可能会使价格保持高位。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/83205ce32db5a8714cea3d25a6bc2ae9\" tg-width=\"1608\" tg-height=\"821\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110751791","content_text":"Shares of Lordstown Motors Corp. may have broken an important support level. Even worse, there’s a chance this level will turn into resistance. This could keep a ceiling over the stock.\nThe support was at $7. When RIDE reached it in May, the downtrend ended. This is because at this level, there was more demand than there was supply of the shares. The buyers took all the shares the sellers had and a rebound followed.\nBut now the shares have broken this support level. They are trading lower.\nMany of the investors who bought RIDE at $7 now regret their decision to do so. A number of them decide to sell, but they will only if they can sell them at the same price they bought at. This way they won’t lose any money.\nAs a result, they place their sell orders at $7. If there are enough of them, it will form resistance. This supply of stock may keep a top on the price.","news_type":1,"symbols_score_info":{"RIDE":0.9}},"isVote":1,"tweetType":1,"viewCount":2675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":179516324,"gmtCreate":1626562813768,"gmtModify":1633925934956,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088662188281630","idStr":"4088662188281630"},"themes":[],"htmlText":"Innovation","listText":"Innovation","text":"Innovation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/179516324","repostId":"2152681854","repostType":4,"isVote":1,"tweetType":1,"viewCount":2077,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897848502,"gmtCreate":1628908030206,"gmtModify":1633688582215,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088662188281630","idStr":"4088662188281630"},"themes":[],"htmlText":"[难过]&nbsp;//<a href=\"https://laohu8.com/U/4088478993191860\">@FrostTan</a>: [Sick] &nbsp; //<a href=\"https://laohu8.com/U/4088662188281630\">@ figo00_99</a>: Bravo","listText":"[难过]&nbsp;//<a href=\"https://laohu8.com/U/4088478993191860\">@FrostTan</a>: [Sick] &nbsp; //<a href=\"https://laohu8.com/U/4088662188281630\">@ figo00_99</a>: Bravo","text":"[难过] //@FrostTan: [Sick] //@ figo00_99: Bravo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/897848502","repostId":"1171796369","repostType":2,"repost":{"id":"1171796369","kind":"news","pubTimestamp":1626309930,"share":"https://www.laohu8.com/m/news/1171796369?lang=zh_CN&edition=full","pubTime":"2021-07-15 08:45","market":"us","language":"en","title":"Course Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171796369","media":"zerohedge","summary":"This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release ","content":"<p>This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –<b>when, how big, and what maturities?</b></p><p><blockquote>本周五，财政部将在中午发布一级交易商调查问卷，开始即将召开的季度退款会议。利率交易者将密切关注的一个领域是息票发行的潜在削减——<b>什么时候，多大，什么期限？</b></blockquote></p><p> Such a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.</p><p><blockquote>此举将代表着长期趋势的重大逆转：正如DB的Steven Zend提醒我们的那样，2020年4月至11月期间，财政部迅速提高了息票证券的发行规模，将月总销售额从新冠疫情爆发前的约2250亿美元增至目前的约3700亿美元。因此，在目前的关头，如果未来没有任何财政“冲击”，财政部将在未来几年过度融资。</blockquote></p><p> This month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,<b>deficits are expected to fall significantly and average $1.2 trillion annually.</b>In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggests<b>there is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.</b></p><p><blockquote>本月，CBO更新了其基线长期赤字预测。如前所述，相对于3月份的预测，国会预算官员现在预计，由于经济走强带来的收入增加，赤字将会减少。结果2021年之后，<b>赤字预计将大幅下降，平均每年1.2万亿美元。</b>相比之下，财政部的息票融资能力看起来太大了，根据曾的估计，2022财年将产生2.6万亿美元的净发行量，2023财年为2.2万亿美元，2024财年为1.8万亿美元。在其他条件相同的情况下，这表明<b>最快今年就有减少优惠券发行的空间，前两年每年减少5000亿或更多。</b></blockquote></p><p> So how should these cuts be allocated?</p><p><blockquote>那么这些削减应该如何分配呢？</blockquote></p><p> Answering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.</p><p><blockquote>在回答这个问题时，曾写道，减少短期债券的发行可以让财政部延长其债务的平均期限并降低未来的展期风险。但可能需要削减长期债券，以解决去年规模增长带来的流动性问题，特别是在20年期行业。此外，长期大幅削减也可能对市场产生影响。根据财政部最终决定的金额，DB策略师得出的结论是，削减可以在整个曲线上分配，但会偏向长期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/86e3bad4a92b999dc07b463340feffab\" tg-width=\"702\" tg-height=\"388\">In any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.</p><p><blockquote>无论如何，虽然即将到来的退款还为时过早，但如果财政部计划在11月份进行这些削减，将发出一个强烈的信号，曾认为这是现实的。</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>Course Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</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\">\nCourse Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-07-15 08:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p>This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –<b>when, how big, and what maturities?</b></p><p><blockquote>本周五，财政部将在中午发布一级交易商调查问卷，开始即将召开的季度退款会议。利率交易者将密切关注的一个领域是息票发行的潜在削减——<b>什么时候，多大，什么期限？</b></blockquote></p><p> Such a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.</p><p><blockquote>此举将代表着长期趋势的重大逆转：正如DB的Steven Zend提醒我们的那样，2020年4月至11月期间，财政部迅速提高了息票证券的发行规模，将月总销售额从新冠疫情爆发前的约2250亿美元增至目前的约3700亿美元。因此，在目前的关头，如果未来没有任何财政“冲击”，财政部将在未来几年过度融资。</blockquote></p><p> This month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,<b>deficits are expected to fall significantly and average $1.2 trillion annually.</b>In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggests<b>there is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.</b></p><p><blockquote>本月，CBO更新了其基线长期赤字预测。如前所述，相对于3月份的预测，国会预算官员现在预计，由于经济走强带来的收入增加，赤字将会减少。结果2021年之后，<b>赤字预计将大幅下降，平均每年1.2万亿美元。</b>相比之下，财政部的息票融资能力看起来太大了，根据曾的估计，2022财年将产生2.6万亿美元的净发行量，2023财年为2.2万亿美元，2024财年为1.8万亿美元。在其他条件相同的情况下，这表明<b>最快今年就有减少优惠券发行的空间，前两年每年减少5000亿或更多。</b></blockquote></p><p> So how should these cuts be allocated?</p><p><blockquote>那么这些削减应该如何分配呢？</blockquote></p><p> Answering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.</p><p><blockquote>在回答这个问题时，曾写道，减少短期债券的发行可以让财政部延长其债务的平均期限并降低未来的展期风险。但可能需要削减长期债券，以解决去年规模增长带来的流动性问题，特别是在20年期行业。此外，长期大幅削减也可能对市场产生影响。根据财政部最终决定的金额，DB策略师得出的结论是，削减可以在整个曲线上分配，但会偏向长期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/86e3bad4a92b999dc07b463340feffab\" tg-width=\"702\" tg-height=\"388\">In any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.</p><p><blockquote>无论如何，虽然即将到来的退款还为时过早，但如果财政部计划在11月份进行这些削减，将发出一个强烈的信号，曾认为这是现实的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/course-reversal-when-and-where-will-treasury-make-coupon-cuts\">zerohedge</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":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/course-reversal-when-and-where-will-treasury-make-coupon-cuts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171796369","content_text":"This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –when, how big, and what maturities?\nSuch a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.\nThis month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,deficits are expected to fall significantly and average $1.2 trillion annually.In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggeststhere is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.\nSo how should these cuts be allocated?\nAnswering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.\nIn any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":144440690,"gmtCreate":1626311715810,"gmtModify":1631885481595,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088662188281630","idStr":"4088662188281630"},"themes":[],"htmlText":"Time to buy more!","listText":"Time to buy more!","text":"Time to buy more!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/144440690","repostId":"1150057304","repostType":2,"repost":{"id":"1150057304","kind":"news","pubTimestamp":1626308096,"share":"https://www.laohu8.com/m/news/1150057304?lang=zh_CN&edition=full","pubTime":"2021-07-15 08:14","market":"us","language":"en","title":"Why NIO Stock Is Down Wednesday<blockquote>为什么蔚来股价周三下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150057304","media":"Motley Fool","summary":"Investors are still skittish after last week's actions against DiDi Global.Shares of Chinese electric-vehicle maker NIO were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action againstDiDi Globaland other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.As of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.Is tha","content":"<p>  Investors are still skittish after last week's actions against DiDi Global.  <img src=\"https://static.tigerbbs.com/b315487554190ffd86889bd9c5a0b49a\" tg-width=\"663\" tg-height=\"440\"></p><p><blockquote>在上周针对滴滴全球的行动之后，投资者仍然感到不安。</blockquote></p><p> <b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Shares of Chinese electric-vehicle maker&nbsp;<b>NIO</b>(NYSE:NIO)&nbsp;were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action against<b>DiDi Global</b>(NYSE:DIDI)and other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.</p><p><blockquote>中国电动汽车制造商的股票<b>蔚来</b>（纽约证券交易所股票代码：蔚来）周三交易走低。尽管自中国政府对在美上市的中概股采取行动以来，投资者对在美上市中概股的担忧挥之不去<b>滴滴全球</b>(NYSE：DIDI)等上周近期上市的个股，周三的下跌并没有立即明显的触发因素。</blockquote></p><p> As of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.</p><p><blockquote>截至下午2点美国东部时间，蔚来在纽约交易的股价较周二收盘价下跌约4.6%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> China's government said last week that it has launchedcybersecurity reviewson DiDi and other app-centered Chinese companies that have listed on U.S. stock exchanges this year, including<b>Kanzhun</b>&nbsp;and<b>Full Truck Alliance</b>. Regulators appear to be concerned that the audits and oversight required of U.S.-listed companies could somehow compromise the security of Chinese consumers' personal information.</p><p><blockquote>中国政府上周表示，已对滴滴和其他今年在美国证券交易所上市的以应用程序为中心的中国公司启动网络安全审查，包括<b>看准</b>和<b>全卡车联盟</b>监管机构似乎担心，美国上市公司所需的审计和监督可能会在某种程度上损害中国消费者个人信息的安全。</blockquote></p><p> But it's not clear that those concerns should (or will) extend to NIO. While the company does provide an app for its customers, it's mostly a carmaker -- and its shares have beenlisted on the New York Stock Exchange since 2018.</p><p><blockquote>但尚不清楚这些担忧是否应该（或将）延伸到蔚来。虽然该公司确实为客户提供应用程序，但它主要是一家汽车制造商，其股票自2018年以来一直在纽约证券交易所上市。</blockquote></p><p> Is that why NIO's shares are down Wednesday? It seems likely: NIO itself had no news (positive, negative, or otherwise) to share on Wednesday, and only minor news (a new director was appointed) earlier in the week.</p><p><blockquote>这就是蔚来股价周三下跌的原因吗？这似乎很有可能：蔚来本身周三没有任何消息（正面、负面或其他）可以分享，本周早些时候只有一些小消息（任命了一位新董事）。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> If there is a concern raised by the DiDi situation, it's that future Chinese government actions could limit NIO's ability to raise cash from U.S. investors. That wouldn't be ideal, but the company has other avenues to raise cash, including a (likely) future listing on Hong Kong's exchange.</p><p><blockquote>如果滴滴的情况引发了人们的担忧，那就是中国政府未来的行动可能会限制蔚来从美国投资者那里筹集现金的能力。这并不理想，但该公司还有其他途径来筹集现金，包括（可能）未来在香港交易所上市。</blockquote></p><p> In the meantime, NIO has plenty of cash on hand, a strong order book, and two new models coming next year. For now at least, I don't think the action against DiDi is enough of a reason forauto investorsto sell NIO.</p><p><blockquote>与此同时，蔚来手头有充足的现金、强劲的订单以及明年即将推出的两款新车型。至少目前，我认为针对滴滴的行动不足以成为汽车投资者出售蔚来的理由。</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>Why NIO Stock Is Down Wednesday<blockquote>为什么蔚来股价周三下跌</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; 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\">\nWhy NIO Stock Is Down Wednesday<blockquote>为什么蔚来股价周三下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-07-15 08:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Investors are still skittish after last week's actions against DiDi Global.  <img src=\"https://static.tigerbbs.com/b315487554190ffd86889bd9c5a0b49a\" tg-width=\"663\" tg-height=\"440\"></p><p><blockquote>在上周针对滴滴全球的行动之后，投资者仍然感到不安。</blockquote></p><p> <b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Shares of Chinese electric-vehicle maker&nbsp;<b>NIO</b>(NYSE:NIO)&nbsp;were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action against<b>DiDi Global</b>(NYSE:DIDI)and other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.</p><p><blockquote>中国电动汽车制造商的股票<b>蔚来</b>（纽约证券交易所股票代码：蔚来）周三交易走低。尽管自中国政府对在美上市的中概股采取行动以来，投资者对在美上市中概股的担忧挥之不去<b>滴滴全球</b>(NYSE：DIDI)等上周近期上市的个股，周三的下跌并没有立即明显的触发因素。</blockquote></p><p> As of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.</p><p><blockquote>截至下午2点美国东部时间，蔚来在纽约交易的股价较周二收盘价下跌约4.6%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> China's government said last week that it has launchedcybersecurity reviewson DiDi and other app-centered Chinese companies that have listed on U.S. stock exchanges this year, including<b>Kanzhun</b>&nbsp;and<b>Full Truck Alliance</b>. Regulators appear to be concerned that the audits and oversight required of U.S.-listed companies could somehow compromise the security of Chinese consumers' personal information.</p><p><blockquote>中国政府上周表示，已对滴滴和其他今年在美国证券交易所上市的以应用程序为中心的中国公司启动网络安全审查，包括<b>看准</b>和<b>全卡车联盟</b>监管机构似乎担心，美国上市公司所需的审计和监督可能会在某种程度上损害中国消费者个人信息的安全。</blockquote></p><p> But it's not clear that those concerns should (or will) extend to NIO. While the company does provide an app for its customers, it's mostly a carmaker -- and its shares have beenlisted on the New York Stock Exchange since 2018.</p><p><blockquote>但尚不清楚这些担忧是否应该（或将）延伸到蔚来。虽然该公司确实为客户提供应用程序，但它主要是一家汽车制造商，其股票自2018年以来一直在纽约证券交易所上市。</blockquote></p><p> Is that why NIO's shares are down Wednesday? It seems likely: NIO itself had no news (positive, negative, or otherwise) to share on Wednesday, and only minor news (a new director was appointed) earlier in the week.</p><p><blockquote>这就是蔚来股价周三下跌的原因吗？这似乎很有可能：蔚来本身周三没有任何消息（正面、负面或其他）可以分享，本周早些时候只有一些小消息（任命了一位新董事）。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> If there is a concern raised by the DiDi situation, it's that future Chinese government actions could limit NIO's ability to raise cash from U.S. investors. That wouldn't be ideal, but the company has other avenues to raise cash, including a (likely) future listing on Hong Kong's exchange.</p><p><blockquote>如果滴滴的情况引发了人们的担忧，那就是中国政府未来的行动可能会限制蔚来从美国投资者那里筹集现金的能力。这并不理想，但该公司还有其他途径来筹集现金，包括（可能）未来在香港交易所上市。</blockquote></p><p> In the meantime, NIO has plenty of cash on hand, a strong order book, and two new models coming next year. For now at least, I don't think the action against DiDi is enough of a reason forauto investorsto sell NIO.</p><p><blockquote>与此同时，蔚来手头有充足的现金、强劲的订单以及明年即将推出的两款新车型。至少目前，我认为针对滴滴的行动不足以成为汽车投资者出售蔚来的理由。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/\">Motley Fool</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":{"NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/07/14/why-nio-stock-is-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150057304","content_text":"Investors are still skittish after last week's actions against DiDi Global.\n\n\nWhat happened\nShares of Chinese electric-vehicle maker NIO(NYSE:NIO) were trading lower on Wednesday. Although investors' concerns about U.S.-listed Chinese stocks have lingered since the Chinese government took action againstDiDi Global(NYSE:DIDI)and other recently listed stocks last week, there was no immediately obvious trigger for Wednesday's decline.\nAs of 2 p.m. EDT, NIO's New York-traded shares were down about 4.6% from Tuesday's closing price.\nSo what\nChina's government said last week that it has launchedcybersecurity reviewson DiDi and other app-centered Chinese companies that have listed on U.S. stock exchanges this year, includingKanzhun andFull Truck Alliance. Regulators appear to be concerned that the audits and oversight required of U.S.-listed companies could somehow compromise the security of Chinese consumers' personal information.\nBut it's not clear that those concerns should (or will) extend to NIO. While the company does provide an app for its customers, it's mostly a carmaker -- and its shares have beenlisted on the New York Stock Exchange since 2018.\nIs that why NIO's shares are down Wednesday? It seems likely: NIO itself had no news (positive, negative, or otherwise) to share on Wednesday, and only minor news (a new director was appointed) earlier in the week.\nNow what\nIf there is a concern raised by the DiDi situation, it's that future Chinese government actions could limit NIO's ability to raise cash from U.S. investors. That wouldn't be ideal, but the company has other avenues to raise cash, including a (likely) future listing on Hong Kong's exchange.\nIn the meantime, NIO has plenty of cash on hand, a strong order book, and two new models coming next year. For now at least, I don't think the action against DiDi is enough of a reason forauto investorsto sell NIO.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144428072,"gmtCreate":1626311135096,"gmtModify":1633928015349,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088662188281630","idStr":"4088662188281630"},"themes":[],"htmlText":"Bravo","listText":"Bravo","text":"Bravo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/144428072","repostId":"1171796369","repostType":2,"repost":{"id":"1171796369","kind":"news","pubTimestamp":1626309930,"share":"https://www.laohu8.com/m/news/1171796369?lang=zh_CN&edition=full","pubTime":"2021-07-15 08:45","market":"us","language":"en","title":"Course Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171796369","media":"zerohedge","summary":"This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release ","content":"<p>This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –<b>when, how big, and what maturities?</b></p><p><blockquote>本周五，财政部将在中午发布一级交易商调查问卷，开始即将召开的季度退款会议。利率交易者将密切关注的一个领域是息票发行的潜在削减——<b>什么时候，多大，什么期限？</b></blockquote></p><p> Such a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.</p><p><blockquote>此举将代表着长期趋势的重大逆转：正如DB的Steven Zend提醒我们的那样，2020年4月至11月期间，财政部迅速提高了息票证券的发行规模，将月总销售额从新冠疫情爆发前的约2250亿美元增至目前的约3700亿美元。因此，在目前的关头，如果未来没有任何财政“冲击”，财政部将在未来几年过度融资。</blockquote></p><p> This month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,<b>deficits are expected to fall significantly and average $1.2 trillion annually.</b>In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggests<b>there is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.</b></p><p><blockquote>本月，CBO更新了其基线长期赤字预测。如前所述，相对于3月份的预测，国会预算官员现在预计，由于经济走强带来的收入增加，赤字将会减少。结果2021年之后，<b>赤字预计将大幅下降，平均每年1.2万亿美元。</b>相比之下，财政部的息票融资能力看起来太大了，根据曾的估计，2022财年将产生2.6万亿美元的净发行量，2023财年为2.2万亿美元，2024财年为1.8万亿美元。在其他条件相同的情况下，这表明<b>最快今年就有减少优惠券发行的空间，前两年每年减少5000亿或更多。</b></blockquote></p><p> So how should these cuts be allocated?</p><p><blockquote>那么这些削减应该如何分配呢？</blockquote></p><p> Answering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.</p><p><blockquote>在回答这个问题时，曾写道，减少短期债券的发行可以让财政部延长其债务的平均期限并降低未来的展期风险。但可能需要削减长期债券，以解决去年规模增长带来的流动性问题，特别是在20年期行业。此外，长期大幅削减也可能对市场产生影响。根据财政部最终决定的金额，DB策略师得出的结论是，削减可以在整个曲线上分配，但会偏向长期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/86e3bad4a92b999dc07b463340feffab\" tg-width=\"702\" tg-height=\"388\">In any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.</p><p><blockquote>无论如何，虽然即将到来的退款还为时过早，但如果财政部计划在11月份进行这些削减，将发出一个强烈的信号，曾认为这是现实的。</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>Course Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</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\">\nCourse Reversal: When And Where Will The Treasury Make Coupon Cuts<blockquote>方向逆转：财政部何时何地削减息票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-07-15 08:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p>This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –<b>when, how big, and what maturities?</b></p><p><blockquote>本周五，财政部将在中午发布一级交易商调查问卷，开始即将召开的季度退款会议。利率交易者将密切关注的一个领域是息票发行的潜在削减——<b>什么时候，多大，什么期限？</b></blockquote></p><p> Such a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.</p><p><blockquote>此举将代表着长期趋势的重大逆转：正如DB的Steven Zend提醒我们的那样，2020年4月至11月期间，财政部迅速提高了息票证券的发行规模，将月总销售额从新冠疫情爆发前的约2250亿美元增至目前的约3700亿美元。因此，在目前的关头，如果未来没有任何财政“冲击”，财政部将在未来几年过度融资。</blockquote></p><p> This month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,<b>deficits are expected to fall significantly and average $1.2 trillion annually.</b>In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggests<b>there is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.</b></p><p><blockquote>本月，CBO更新了其基线长期赤字预测。如前所述，相对于3月份的预测，国会预算官员现在预计，由于经济走强带来的收入增加，赤字将会减少。结果2021年之后，<b>赤字预计将大幅下降，平均每年1.2万亿美元。</b>相比之下，财政部的息票融资能力看起来太大了，根据曾的估计，2022财年将产生2.6万亿美元的净发行量，2023财年为2.2万亿美元，2024财年为1.8万亿美元。在其他条件相同的情况下，这表明<b>最快今年就有减少优惠券发行的空间，前两年每年减少5000亿或更多。</b></blockquote></p><p> So how should these cuts be allocated?</p><p><blockquote>那么这些削减应该如何分配呢？</blockquote></p><p> Answering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.</p><p><blockquote>在回答这个问题时，曾写道，减少短期债券的发行可以让财政部延长其债务的平均期限并降低未来的展期风险。但可能需要削减长期债券，以解决去年规模增长带来的流动性问题，特别是在20年期行业。此外，长期大幅削减也可能对市场产生影响。根据财政部最终决定的金额，DB策略师得出的结论是，削减可以在整个曲线上分配，但会偏向长期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/86e3bad4a92b999dc07b463340feffab\" tg-width=\"702\" tg-height=\"388\">In any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.</p><p><blockquote>无论如何，虽然即将到来的退款还为时过早，但如果财政部计划在11月份进行这些削减，将发出一个强烈的信号，曾认为这是现实的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/course-reversal-when-and-where-will-treasury-make-coupon-cuts\">zerohedge</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":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/course-reversal-when-and-where-will-treasury-make-coupon-cuts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171796369","content_text":"This Friday, the Treasury will kick start its upcoming quarterly refunding meeting with the release of the primary dealer questionnaire at noon. An area rates traders will be closely focused on is the potential cuts to coupon issuance –when, how big, and what maturities?\nSuch a move would represent a material reversal to a long-running trend: As DB's Steven Zend reminds us, between April and November 2020, the Treasury rapidly raised issuance sizes for coupon securities, taking gross monthly sales from around $225BN before Covid to currently around $370BN. As a result, at the current juncture, and absent any future fiscal \"shocks\", the Treasury stands to be overfinanced in the next few years.\nThis month, the CBO updated its baseline long-term deficit projections. As noted previously, relative to its March projections, the Congressional beancounters now project smaller deficits due to higher revenues from a stronger economy. As a result, after 2021,deficits are expected to fall significantly and average $1.2 trillion annually.In comparison, the Treasury’s coupon financing capacity looks too big, and according to Zeng's estimates it will generate $2.6 trillion in net issuance in FY2022, $2.2 trillion in FY2023, and $1.8 trillion in FY2024. All else equal, this suggeststhere is room to reduce coupon issuance as soon as this year and by half a trillion or more per year in the first two years.\nSo how should these cuts be allocated?\nAnswering this question, Zeng writes that reducing the issuance of short maturities has the benefit of allowing the Treasury to extend the average maturity of its debt and reduce future rollover risk. But cutting the long-end may be needed to address liquidity issues that have arisen with last year’s size increases, particularly in the 20yr sector. Additionally, large cuts to the long-end could also have market implications. Depending on the amount the Treasury ultimately decides, the DB strategists concludes that cuts could be allocated across the curve but skew to the long-end.\nIn any case, while the upcoming refunding is too early for this to happen, the Treasury will send a strong signal if it has these cuts planned for November, which Zeng thinks is realistic.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145601867,"gmtCreate":1626219828659,"gmtModify":1633929002409,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088662188281630","idStr":"4088662188281630"},"themes":[],"htmlText":"Will the price spike after the pamdemic fully ended?","listText":"Will the price spike after the pamdemic fully ended?","text":"Will the price spike after the pamdemic fully ended?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/145601867","repostId":"2151859858","repostType":2,"isVote":1,"tweetType":1,"viewCount":1395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145600778,"gmtCreate":1626219732394,"gmtModify":1631883987235,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088662188281630","idStr":"4088662188281630"},"themes":[],"htmlText":"Just some retracement","listText":"Just some retracement","text":"Just some retracement","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/145600778","repostId":"2151560584","repostType":2,"isVote":1,"tweetType":1,"viewCount":1222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147700637,"gmtCreate":1626389521429,"gmtModify":1633927322821,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088662188281630","idStr":"4088662188281630"},"themes":[],"htmlText":"Expanding","listText":"Expanding","text":"Expanding","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/147700637","repostId":"2151757915","repostType":2,"isVote":1,"tweetType":1,"viewCount":1386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":613343925,"gmtCreate":1649734516873,"gmtModify":1649734516979,"author":{"id":"4088662188281630","authorId":"4088662188281630","name":"figo00_99","avatar":"https://static.tigerbbs.com/6de88b71f8d91f226445f8c7b91fcf70","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088662188281630","idStr":"4088662188281630"},"themes":[],"htmlText":"U","listText":"U","text":"U","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/613343925","repostId":"1137162989","repostType":4,"isVote":1,"tweetType":1,"viewCount":1724,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}