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LamPatrick

LamPatrick

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2021-03-14

$Tiger Brokers(TIGR)$give a like for tiger to get back to $38

2021-02-20

Please comment and like thanks

Uber drivers should be classified as workers not independent contractors, top UK court rules

2021-12-24

$NU 20220414 15.0 CALL$ $NU 20220414 15.0 CALL$ Gogo buffett, for too long you have hide your power and people have belittle you [Anger]

2021-06-28

Like and comment to huat big big in July 2021 [财迷]

June jobs report, Consumer confidence: What to know this week

2022-01-04

[Miser] [Miser] huat

December jobs report, Federal Reserve meeting minutes, CES: What to know this week

2021-03-13

$Tiger Brokers(TIGR)$positive after average down

2021-03-28

$PetroChina(00857)$Suddenly many brokerages up it's rating

2021-06-20

$CRRC(01766)$ddividend next week

2021-04-01

Please like and comment thank

Keep on Buying These 3 EV Stocks, Says Analyst Following Conference

2021-03-22

Comment

Headed For A Collapsing Debt Bubble

2021-03-02

$Tiger Brokers(TIGR)$share for tiger coins

2021-02-25

Like, comment and huat!

These fractional stocks, not GameStop, can outdo hedge funds at their own game, Jim Cramer says

2021-07-19

$SINGTEL(Z74.SI)$ffaster run before xd

2021-04-05

Please comment and like back ty

Tesla Q1 2021 Vehicle Production & Deliveries

2021-03-11

Growth stock gg. Welcome to value stocks.[财迷]

抱歉，原内容已删除

2021-03-04

Comment and like to huat [财迷]

抱歉，原内容已删除

2021-02-22

Comment and like to huat big big [财迷]

Silicon Valley is not suffering a tech exodus, and money is flowing in at record rate — for a fortunate few

2021-12-24

Merry Christmas!

S&P 500 hits record close as Omicron fears ebb

2021-06-27

Comment and give like to huat big big in July 2021

5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021

2021-04-02

$fuboTV Inc.(FUBO)$Above 5ma le

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[Miser] huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/692750494","repostId":"2200403714","repostType":4,"repost":{"id":"2200403714","kind":"news","pubTimestamp":1641163785,"share":"https://www.laohu8.com/m/news/2200403714?lang=&edition=full","pubTime":"2022-01-03 06:49","market":"us","language":"en","title":"December jobs report, Federal Reserve meeting minutes, CES: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2200403714","media":"Yahoo Finance","summary":"Investors can expect a busy first week of 2022, laden with key economic releases out of Washington t","content":"<html><head></head><body><p>Investors can expect a busy first week of 2022, laden with key economic releases out of Washington that include the highly-anticipated December jobs report and minutes from the Federal Open Market Committee’s (FOMC) latest policy-setting meeting.</p><p>It was a hectic final month of 2021 for markets, stocks rallied to new highs and the action could pour into the new year’s opening week of trading with a boost from what is known as the “January Effect” — the perception of a seasonal rise in U.S. equities during the first month of the year.</p><p>Wall Street attributes the theory to an increase in purchasing following the drop in prices that occurs in December when investors sell positions that have declined in order to take the capital loss in that calendar year&#39;s taxes. Some also think the anomaly is the result of traders using year-end cash bonuses to purchase equities the following month.</p><p>Employment data will be in the spotlight this week. The Department of Labor’s monthly jobs report due for release on Friday will offer an updated look at the strength of hiring and labor force participation — important measures of the U.S. economy, made even more consequential in recent weeks amid a backdrop of rising COVID-19 cases as investors look to assess the impact of the the latest Omicron-driven wave.</p><p>Consensus economist estimates suggest that about 400,000 jobs were added in December, with the pace of hiring nearly doubling from the fewer-than-expected 210,000 recorded in November, when forecasts predicted a half-million new jobs to return. The unemployment rate is also expected to improve further to 4.1% from 4.3% in November when it ticked down to the lowest read since March 2020.</p><p>Although the pace of non-farm payrolls is projected to have risen in December, the downside risk to estimates may be “sizable.”</p><p>“COVID caseloads have been on the rise since November, and news that Omicron could be more infectious than previous variants circulated widely during the December survey period,” Bloomberg economists wrote in a note. “Given how often households have cited fear of COVID or care-taking needs related to COVID as the most important reasons for staying out of the job market, the emergence of the Omicron variant could continue to discourage them.”</p><p>Despite steady rehiring since the peak of the pandemic, labor force participation remains short of pre-virus levels. The civilian labor force was down by about 2.4 million participants as of November, compared to February 2020. Labor issues are also fueling surging inflation levels, as companies large and small face logistical challenges, including rising business costs and supply chain bottlenecks caused by a shortage of workers.</p><p>“This severe labor market shortage — more than any other economic factor — is accounting for a massive breakdown in the normally well-oiled global supply chain,” experts at Wilmington Trust said in their 2022 Capital Markets Outlook. “Labor participation and how firms deal with global resource disorder will likely determine the path for inflation, which is the critical consideration for investors in 2022.”</p><p><img src=\"https://static.tigerbbs.com/792826db78c3c5bac082a3cd1bbe34c2\" tg-width=\"818\" tg-height=\"685\" referrerpolicy=\"no-referrer\"/></p><p>With inflation at the forefront, investors will also set their sights on the Federal Reserve as it looks to raise interest rates this year to offset swelling price levels. The pace of these hikes will determine the stock market’s path forward in the new year.</p><p>Minutes from the FOMC’s Dec. 15 policy-setting meeting, due out Wednesday, could give investors a better picture of where policymakers see interest rates going in 2022.</p><p>Fed officials indicated last month that all 18 members predict at least one 25 basis point hike next year, with the median member forecasting three rate hikes before 2022 is over. The next FOMC meeting is scheduled to take place on Jan. 25 and 26.</p><p>“What’s not changed is the focus on inflation, that’s the biggest risk,” Brigg Macadam founding partner Greg Swenson told Yahoo Finance Live, adding that the Fed changing its tone is “too little, too late.”</p><p>“They are still, by most measures, quite dovish, even with the tapering of bond purchases and the market pricing in three hikes next year, you’ll still have dramatically negative real rates,” he said. “I wouldn’t call that a hawkish Fed — maybe their tone has changed a little bit and they have definitely stopped using the word ‘transitory,’ they have all but admitted that they missed inflation and underestimated it.”</p><p>Although earnings season doesn’t fully commence until around mid-month, several notable off-cycle reports are due out this week, including ones from Jefferies, Bed Bath &amp; Beyond, and Walgreens.</p><p>CES, the Consumer Technology Association&#39;s iconic consumer electronics show will also take place from Jan. 5-7 in Las Vegas, but will end one day earlier than initially planned due to fast-spreading cases of COVID-19. The event may also have a light crowd, with some usual, big name attendees like Apple, Alphabet and Facebook&#39;s parent Meta dropping their plans to attend in-person under the circumstances.</p><h2>Economic calendar</h2><ul><li><p><b>Monday:</b> Markit US Manufacturing PMI, December final (57.7 estimated, 57.8 prior); Construction Spending, month over month, November (0.7% estimated, 0.2% prior month)</p></li><li><p><b>Tuesday:</b> ISM New Orders, December (61.5% prior month); ISM Prices Paid, December (79.3 estimated, 82.4 prior month); ISM Manufacturing, December (60.2 estimated, 61.1) prior month); ISM Employment, December (53.3 prior month); JOLTS job openings, November (11,033,000 prior month); WARDS Total Vehicle Sales, December (13,100,000 expected, 12,860,000 prior month)</p></li><li><p><b>Wednesday:</b> MBA Mortgage Applications, week ended Dec. 31 (-0.6% during prior week); ADP Employment Change, December (360,000 expected, 534,000 during prior month); Markit US Composite PMI, December final (56.9 prior month); Markit US Services PMI, December final (57.5 expected, 57.5 prior month); FOMC Meeting Minutes, December 15</p></li><li><p><b>Thursday: </b>Challenger Job Cuts, year over year, December (-77% prior); Trade Balance, November (-$74,000,000,000 expected, -$67,000,000,000); Initial Jobless Claims, week ended January 1 (199,000 expected, 198,000 during prior week) Continuing Claims, week ended January 1 (1,715,000 expected, 1,716,000 prior week); Langer Consumer Comfort, January 2 (47.9 prior); Factory Orders excluding transportation, November (1.6% prior); Factory Orders, November (1.5% expected, 1.0% prior) ISM Services Index, December (67.0 expected, 69.1 prior); Durable Goods Orders, November final (2.5% prior); Durable Goods Excluding Transportation, November final (0.8% prior); Capital Goods Orders Nondefense Excluding Aircrafts, November final (-0.1%); Capital Goods Shipments Nondefense Excluding Aircrafts, November final (0.3%)</p></li><li><p><b>Friday:</b> Revisions – Employment Report, Household Survey; Two-Month Payroll Net Revision, December (82,000 prior); Change in Nonfarm Payrolls, December (400,000 expected, 210,000 prior month); Change in Private Payrolls, December (370,000 expected, 235,000 prior month); Change in Manufacturing Payrolls, December (33,000 expected, 31,000 prior month); Unemployment Rate, December (4.1 expected, 4.3% prior); Average Hourly Earnings, month over month, December (0.4% expected, 0.3% prior month); Average Hourly Earnings, year over year (4.2% expected, 4.8% prior month); Average Weekly Hours All Employees, December (34.8 expected, 34.8 prior month); Labor Force Participation Rate, December (61.9% expected, 61.8% prior month); Underemployment Rate, December (7.8% prior month); Consumer Credit, November (22,500,000,000 expected, 16,897,000,000 prior month)</p></li></ul><h2>Earnings calendar</h2><ul><li><p><b>Monday:</b> <i>No notable reports scheduled for release</i></p></li><li><p><b>Tuesday:</b> Jefferies Financial Group (JEF), <a href=\"https://laohu8.com/S/MLKN\">MillerKnoll</a> (MLKN) after market close</p></li><li><p><b>Wednesday:</b> <a href=\"https://laohu8.com/S/MULN\">Mullen Automotive</a> Inc. (MULN)</p></li><li><p><b>Thursday</b>: Bed Bath &amp; Beyond Inc. (BBY) before market open, <a href=\"https://laohu8.com/S/STZ\">Constellation Brands Inc</a>. (STZ) before market open, <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA) before market opens, PriceSmart (PSMT) after market close</p></li><li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li></ul></body></html>","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>December jobs report, Federal Reserve meeting minutes, CES: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDecember jobs report, Federal Reserve meeting minutes, CES: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-03 06:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/december-jobs-report-fomc-meeting-minutes-what-to-know-this-week-171353443.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors can expect a busy first week of 2022, laden with key economic releases out of Washington that include the highly-anticipated December jobs report and minutes from the Federal Open Market ...</p>\n\n<a href=\"https://finance.yahoo.com/news/december-jobs-report-fomc-meeting-minutes-what-to-know-this-week-171353443.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4567":"ESG概念","BK4128":"药品零售","MULN":"Mullen Automotive",".DJI":"道琼斯","BK4533":"AQR资本管理(全球第二大对冲基金)",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4077":"互动媒体与服务","MLKN":"MillerKnoll","STZ":"星座品牌","BK4076":"电脑与电子产品零售","WBA":"沃尔格林联合博姿","BK4143":"办公服务与用品","BK4155":"大卖场与超市","BK4504":"桥水持仓","SPY.AU":"SPDR® S&P 500® ETF Trust","BBBY":"3B家居","BK4127":"投资银行业与经纪业","JEF":"杰富瑞","BK4169":"酿酒商与葡萄酒商","FOMC":"FOMO CORP.","PSMT":"普尔斯玛特","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/december-jobs-report-fomc-meeting-minutes-what-to-know-this-week-171353443.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2200403714","content_text":"Investors can expect a busy first week of 2022, laden with key economic releases out of Washington that include the highly-anticipated December jobs report and minutes from the Federal Open Market Committee’s (FOMC) latest policy-setting meeting.It was a hectic final month of 2021 for markets, stocks rallied to new highs and the action could pour into the new year’s opening week of trading with a boost from what is known as the “January Effect” — the perception of a seasonal rise in U.S. equities during the first month of the year.Wall Street attributes the theory to an increase in purchasing following the drop in prices that occurs in December when investors sell positions that have declined in order to take the capital loss in that calendar year's taxes. Some also think the anomaly is the result of traders using year-end cash bonuses to purchase equities the following month.Employment data will be in the spotlight this week. The Department of Labor’s monthly jobs report due for release on Friday will offer an updated look at the strength of hiring and labor force participation — important measures of the U.S. economy, made even more consequential in recent weeks amid a backdrop of rising COVID-19 cases as investors look to assess the impact of the the latest Omicron-driven wave.Consensus economist estimates suggest that about 400,000 jobs were added in December, with the pace of hiring nearly doubling from the fewer-than-expected 210,000 recorded in November, when forecasts predicted a half-million new jobs to return. The unemployment rate is also expected to improve further to 4.1% from 4.3% in November when it ticked down to the lowest read since March 2020.Although the pace of non-farm payrolls is projected to have risen in December, the downside risk to estimates may be “sizable.”“COVID caseloads have been on the rise since November, and news that Omicron could be more infectious than previous variants circulated widely during the December survey period,” Bloomberg economists wrote in a note. “Given how often households have cited fear of COVID or care-taking needs related to COVID as the most important reasons for staying out of the job market, the emergence of the Omicron variant could continue to discourage them.”Despite steady rehiring since the peak of the pandemic, labor force participation remains short of pre-virus levels. The civilian labor force was down by about 2.4 million participants as of November, compared to February 2020. Labor issues are also fueling surging inflation levels, as companies large and small face logistical challenges, including rising business costs and supply chain bottlenecks caused by a shortage of workers.“This severe labor market shortage — more than any other economic factor — is accounting for a massive breakdown in the normally well-oiled global supply chain,” experts at Wilmington Trust said in their 2022 Capital Markets Outlook. “Labor participation and how firms deal with global resource disorder will likely determine the path for inflation, which is the critical consideration for investors in 2022.”With inflation at the forefront, investors will also set their sights on the Federal Reserve as it looks to raise interest rates this year to offset swelling price levels. The pace of these hikes will determine the stock market’s path forward in the new year.Minutes from the FOMC’s Dec. 15 policy-setting meeting, due out Wednesday, could give investors a better picture of where policymakers see interest rates going in 2022.Fed officials indicated last month that all 18 members predict at least one 25 basis point hike next year, with the median member forecasting three rate hikes before 2022 is over. The next FOMC meeting is scheduled to take place on Jan. 25 and 26.“What’s not changed is the focus on inflation, that’s the biggest risk,” Brigg Macadam founding partner Greg Swenson told Yahoo Finance Live, adding that the Fed changing its tone is “too little, too late.”“They are still, by most measures, quite dovish, even with the tapering of bond purchases and the market pricing in three hikes next year, you’ll still have dramatically negative real rates,” he said. “I wouldn’t call that a hawkish Fed — maybe their tone has changed a little bit and they have definitely stopped using the word ‘transitory,’ they have all but admitted that they missed inflation and underestimated it.”Although earnings season doesn’t fully commence until around mid-month, several notable off-cycle reports are due out this week, including ones from Jefferies, Bed Bath & Beyond, and Walgreens.CES, the Consumer Technology Association's iconic consumer electronics show will also take place from Jan. 5-7 in Las Vegas, but will end one day earlier than initially planned due to fast-spreading cases of COVID-19. The event may also have a light crowd, with some usual, big name attendees like Apple, Alphabet and Facebook's parent Meta dropping their plans to attend in-person under the circumstances.Economic calendarMonday: Markit US Manufacturing PMI, December final (57.7 estimated, 57.8 prior); Construction Spending, month over month, November (0.7% estimated, 0.2% prior month)Tuesday: ISM New Orders, December (61.5% prior month); ISM Prices Paid, December (79.3 estimated, 82.4 prior month); ISM Manufacturing, December (60.2 estimated, 61.1) prior month); ISM Employment, December (53.3 prior month); JOLTS job openings, November (11,033,000 prior month); WARDS Total Vehicle Sales, December (13,100,000 expected, 12,860,000 prior month)Wednesday: MBA Mortgage Applications, week ended Dec. 31 (-0.6% during prior week); ADP Employment Change, December (360,000 expected, 534,000 during prior month); Markit US Composite PMI, December final (56.9 prior month); Markit US Services PMI, December final (57.5 expected, 57.5 prior month); FOMC Meeting Minutes, December 15Thursday: Challenger Job Cuts, year over year, December (-77% prior); Trade Balance, November (-$74,000,000,000 expected, -$67,000,000,000); Initial Jobless Claims, week ended January 1 (199,000 expected, 198,000 during prior week) Continuing Claims, week ended January 1 (1,715,000 expected, 1,716,000 prior week); Langer Consumer Comfort, January 2 (47.9 prior); Factory Orders excluding transportation, November (1.6% prior); Factory Orders, November (1.5% expected, 1.0% prior) ISM Services Index, December (67.0 expected, 69.1 prior); Durable Goods Orders, November final (2.5% prior); Durable Goods Excluding Transportation, November final (0.8% prior); Capital Goods Orders Nondefense Excluding Aircrafts, November final (-0.1%); Capital Goods Shipments Nondefense Excluding Aircrafts, November final (0.3%)Friday: Revisions – Employment Report, Household Survey; Two-Month Payroll Net Revision, December (82,000 prior); Change in Nonfarm Payrolls, December (400,000 expected, 210,000 prior month); Change in Private Payrolls, December (370,000 expected, 235,000 prior month); Change in Manufacturing Payrolls, December (33,000 expected, 31,000 prior month); Unemployment Rate, December (4.1 expected, 4.3% prior); Average Hourly Earnings, month over month, December (0.4% expected, 0.3% prior month); Average Hourly Earnings, year over year (4.2% expected, 4.8% prior month); Average Weekly Hours All Employees, December (34.8 expected, 34.8 prior month); Labor Force Participation Rate, December (61.9% expected, 61.8% prior month); Underemployment Rate, December (7.8% prior month); Consumer Credit, November (22,500,000,000 expected, 16,897,000,000 prior month)Earnings calendarMonday: No notable reports scheduled for releaseTuesday: Jefferies Financial Group (JEF), MillerKnoll (MLKN) after market closeWednesday: Mullen Automotive Inc. (MULN)Thursday: Bed Bath & Beyond Inc. (BBY) before market open, Constellation Brands Inc. (STZ) before market open, Walgreens Boots Alliance (WBA) before market opens, PriceSmart (PSMT) after market closeFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":1153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698186773,"gmtCreate":1640318268920,"gmtModify":1640319112292,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3551005900171575","authorIdStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/NU 20220414 15.0 CALL\">$NU 20220414 15.0 CALL$ &nbsp;</a><a href=\"https://laohu8.com/OPT/NU 20220414 15.0 CALL\">$NU 20220414 15.0 CALL$ </a>Gogo buffett, for too long you have hide your power and people have belittle you&nbsp;[Anger]&nbsp;","listText":"<a href=\"https://laohu8.com/OPT/NU 20220414 15.0 CALL\">$NU 20220414 15.0 CALL$ &nbsp;</a><a href=\"https://laohu8.com/OPT/NU 20220414 15.0 CALL\">$NU 20220414 15.0 CALL$ </a>Gogo buffett, for too long you have hide your power and people have belittle you&nbsp;[Anger]&nbsp;","text":"$NU 20220414 15.0 CALL$ $NU 20220414 15.0 CALL$ Gogo buffett, for too long you have hide your power and people have belittle you [Anger]","images":[{"img":"https://static.tigerbbs.com/3d0ad46f2cf776efbb6b35ea7a1c01aa","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/698186773","isVote":1,"tweetType":1,"viewCount":1581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":698118963,"gmtCreate":1640316370763,"gmtModify":1640316699208,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3551005900171575","authorIdStr":"3551005900171575"},"themes":[],"htmlText":"Merry Christmas!","listText":"Merry Christmas!","text":"Merry Christmas!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698118963","repostId":"2193078140","repostType":4,"repost":{"id":"2193078140","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":1640299360,"share":"https://www.laohu8.com/m/news/2193078140?lang=&edition=full","pubTime":"2021-12-24 06:42","market":"us","language":"en","title":"S&P 500 hits record close as Omicron fears ebb","url":"https://stock-news.laohu8.com/highlight/detail?id=2193078140","media":"Reuters","summary":"* Major indexes climb for 3rd straight session\n* Merck's at-home COVID-19 pill gets U.S. approval\n* ","content":"<p>* Major indexes climb for 3rd straight session</p>\n<p>* Merck's at-home COVID-19 pill gets U.S. approval</p>\n<p>* Weekly jobless claims unchanged at 205,000</p>\n<p>* Consumer spending increases 0.6% in November</p>\n<p>* Indexes up: Dow 0.55%, S&amp;P 0.62%, Nasdaq 0.85%</p>\n<p>Dec 23 (Reuters) - Wall Street's main indexes posted solid gains for a third straight session on Thursday, with the S&amp;P 500 marking a record-high close, as encouraging developments gave investors more ease about the economic impact of the Omicron coronavirus variant.</p>\n<p>Stocks ended the holiday-shortened week on a positive note, lifting sentiment heading into Christmas. Gains were broad among S&amp;P 500 sectors, led by consumer discretionary&nbsp;and industrials, which both rose about 1.2%.</p>\n<p>Vaccine makers <a href=\"https://laohu8.com/S/AZNCF\">AstraZeneca Plc</a>&nbsp;and Novavax Inc&nbsp;said their shots protected against Omicron as UK data suggested it may cause proportionally fewer hospital cases than the Delta variant, though public health experts warned the battle against COVID-19 was far from over.</p>\n<p>The arrival of Omicron has helped ratchet up market volatility for much of the last month of 2021, which has been a strong year for equities.</p>\n<p>“There was a lot of negative sentiment coming into the final part of the year, and investors have likely continued to see pretty strong economic growth and pretty positive developments as it relates to healthcare innovation around COVID and that is putting in a bit of a bid into equities and causing investors to look to allocate capital as they close out the year,” said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 196.67 points, or 0.55%, to 35,950.56, the S&amp;P 500&nbsp;gained 29.23 points, or 0.62%, to 4,725.79 and the Nasdaq Composite&nbsp;added 131.48 points, or 0.85%, to 15,653.37.</p>\n<p>Defensive sectors, which have mostly outperformed in December, generally lagged on Thursday. The real estate sector&nbsp;fell 0.4%.</p>\n<p>The S&amp;P 500 has gained for three days, after falling in the three prior sessions.</p>\n<p>“People are seeing the strength on Tuesday and Wednesday and all of a sudden everybody is more optimistic again,” said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.</p>\n<p>For the week, the S&amp;P 500 rose 2.3%, the Dow gained about 1.7% and the Nasdaq climbed 3.2%.</p>\n<p>Trading volumes were expected to be thinner than usual ahead of the Christmas and New Year holidays. The stock market will be closed on Friday in observance of the Christmas holiday.</p>\n<p>In another medical development against the pandemic, the United States authorized Merck &amp; Co's&nbsp;antiviral pill for COVID-19 for certain high-risk adult patients, a day after giving a broader go-ahead to a similar but more effective treatment from Pfizer Inc. Merck shares fell 0.6%, while Pfizer dropped 1.4%.</p>\n<p>The number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week as the labor market tightens, while consumer spending increased solidly, putting the economy on track for a strong finish to 2021.</p>\n<p>Tesla Inc&nbsp;shares rose 5.8%, gaining sharply for a second day after Chief Executive Elon Musk said on Wednesday he was \"almost done\" with his stock sales after selling over $15 billion worth since early November.</p>\n<p>The S&amp;P 500 is up about 26% so far this year. Still, the environment for equities could be changing heading into next year as the Federal Reserve is expected to begin raising interest rates in 2022.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 35 new 52-week highs and no new lows; the Nasdaq Composite recorded 62 new highs and 80 new lows.</p>\n<p>About 8 billion shares changed hands in U.S. exchanges, compared with the 11.8 billion daily average over the last 20 sessions.</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>S&P 500 hits record close as Omicron fears ebb</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 hits record close as Omicron fears ebb\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-12-24 06:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Major indexes climb for 3rd straight session</p>\n<p>* Merck's at-home COVID-19 pill gets U.S. approval</p>\n<p>* Weekly jobless claims unchanged at 205,000</p>\n<p>* Consumer spending increases 0.6% in November</p>\n<p>* Indexes up: Dow 0.55%, S&amp;P 0.62%, Nasdaq 0.85%</p>\n<p>Dec 23 (Reuters) - Wall Street's main indexes posted solid gains for a third straight session on Thursday, with the S&amp;P 500 marking a record-high close, as encouraging developments gave investors more ease about the economic impact of the Omicron coronavirus variant.</p>\n<p>Stocks ended the holiday-shortened week on a positive note, lifting sentiment heading into Christmas. Gains were broad among S&amp;P 500 sectors, led by consumer discretionary&nbsp;and industrials, which both rose about 1.2%.</p>\n<p>Vaccine makers <a href=\"https://laohu8.com/S/AZNCF\">AstraZeneca Plc</a>&nbsp;and Novavax Inc&nbsp;said their shots protected against Omicron as UK data suggested it may cause proportionally fewer hospital cases than the Delta variant, though public health experts warned the battle against COVID-19 was far from over.</p>\n<p>The arrival of Omicron has helped ratchet up market volatility for much of the last month of 2021, which has been a strong year for equities.</p>\n<p>“There was a lot of negative sentiment coming into the final part of the year, and investors have likely continued to see pretty strong economic growth and pretty positive developments as it relates to healthcare innovation around COVID and that is putting in a bit of a bid into equities and causing investors to look to allocate capital as they close out the year,” said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 196.67 points, or 0.55%, to 35,950.56, the S&amp;P 500&nbsp;gained 29.23 points, or 0.62%, to 4,725.79 and the Nasdaq Composite&nbsp;added 131.48 points, or 0.85%, to 15,653.37.</p>\n<p>Defensive sectors, which have mostly outperformed in December, generally lagged on Thursday. The real estate sector&nbsp;fell 0.4%.</p>\n<p>The S&amp;P 500 has gained for three days, after falling in the three prior sessions.</p>\n<p>“People are seeing the strength on Tuesday and Wednesday and all of a sudden everybody is more optimistic again,” said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.</p>\n<p>For the week, the S&amp;P 500 rose 2.3%, the Dow gained about 1.7% and the Nasdaq climbed 3.2%.</p>\n<p>Trading volumes were expected to be thinner than usual ahead of the Christmas and New Year holidays. The stock market will be closed on Friday in observance of the Christmas holiday.</p>\n<p>In another medical development against the pandemic, the United States authorized Merck &amp; Co's&nbsp;antiviral pill for COVID-19 for certain high-risk adult patients, a day after giving a broader go-ahead to a similar but more effective treatment from Pfizer Inc. Merck shares fell 0.6%, while Pfizer dropped 1.4%.</p>\n<p>The number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week as the labor market tightens, while consumer spending increased solidly, putting the economy on track for a strong finish to 2021.</p>\n<p>Tesla Inc&nbsp;shares rose 5.8%, gaining sharply for a second day after Chief Executive Elon Musk said on Wednesday he was \"almost done\" with his stock sales after selling over $15 billion worth since early November.</p>\n<p>The S&amp;P 500 is up about 26% so far this year. Still, the environment for equities could be changing heading into next year as the Federal Reserve is expected to begin raising interest rates in 2022.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 35 new 52-week highs and no new lows; the Nasdaq Composite recorded 62 new highs and 80 new lows.</p>\n<p>About 8 billion shares changed hands in U.S. exchanges, compared with the 11.8 billion daily average over the last 20 sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","OEX":"标普100","BK4504":"桥水持仓","SH":"标普500反向ETF","IVV":"标普500指数ETF","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","BK4534":"瑞士信贷持仓","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500ETF","BK4559":"巴菲特持仓",".DJI":"道琼斯","BK4550":"红杉资本持仓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193078140","content_text":"* Major indexes climb for 3rd straight session\n* Merck's at-home COVID-19 pill gets U.S. approval\n* Weekly jobless claims unchanged at 205,000\n* Consumer spending increases 0.6% in November\n* Indexes up: Dow 0.55%, S&P 0.62%, Nasdaq 0.85%\nDec 23 (Reuters) - Wall Street's main indexes posted solid gains for a third straight session on Thursday, with the S&P 500 marking a record-high close, as encouraging developments gave investors more ease about the economic impact of the Omicron coronavirus variant.\nStocks ended the holiday-shortened week on a positive note, lifting sentiment heading into Christmas. Gains were broad among S&P 500 sectors, led by consumer discretionary and industrials, which both rose about 1.2%.\nVaccine makers AstraZeneca Plc and Novavax Inc said their shots protected against Omicron as UK data suggested it may cause proportionally fewer hospital cases than the Delta variant, though public health experts warned the battle against COVID-19 was far from over.\nThe arrival of Omicron has helped ratchet up market volatility for much of the last month of 2021, which has been a strong year for equities.\n“There was a lot of negative sentiment coming into the final part of the year, and investors have likely continued to see pretty strong economic growth and pretty positive developments as it relates to healthcare innovation around COVID and that is putting in a bit of a bid into equities and causing investors to look to allocate capital as they close out the year,” said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management.\nThe Dow Jones Industrial Average rose 196.67 points, or 0.55%, to 35,950.56, the S&P 500 gained 29.23 points, or 0.62%, to 4,725.79 and the Nasdaq Composite added 131.48 points, or 0.85%, to 15,653.37.\nDefensive sectors, which have mostly outperformed in December, generally lagged on Thursday. The real estate sector fell 0.4%.\nThe S&P 500 has gained for three days, after falling in the three prior sessions.\n“People are seeing the strength on Tuesday and Wednesday and all of a sudden everybody is more optimistic again,” said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.\nFor the week, the S&P 500 rose 2.3%, the Dow gained about 1.7% and the Nasdaq climbed 3.2%.\nTrading volumes were expected to be thinner than usual ahead of the Christmas and New Year holidays. The stock market will be closed on Friday in observance of the Christmas holiday.\nIn another medical development against the pandemic, the United States authorized Merck & Co's antiviral pill for COVID-19 for certain high-risk adult patients, a day after giving a broader go-ahead to a similar but more effective treatment from Pfizer Inc. Merck shares fell 0.6%, while Pfizer dropped 1.4%.\nThe number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week as the labor market tightens, while consumer spending increased solidly, putting the economy on track for a strong finish to 2021.\nTesla Inc shares rose 5.8%, gaining sharply for a second day after Chief Executive Elon Musk said on Wednesday he was \"almost done\" with his stock sales after selling over $15 billion worth since early November.\nThe S&P 500 is up about 26% so far this year. Still, the environment for equities could be changing heading into next year as the Federal Reserve is expected to begin raising interest rates in 2022.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.\nThe S&P 500 posted 35 new 52-week highs and no new lows; the Nasdaq Composite recorded 62 new highs and 80 new lows.\nAbout 8 billion shares changed hands in U.S. exchanges, compared with the 11.8 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":803,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848702847,"gmtCreate":1636025990729,"gmtModify":1636025991287,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3551005900171575","authorIdStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/USL\">$United States 12 Month Oil Fund, LP(USL)$</a>A put candidate","listText":"<a href=\"https://laohu8.com/S/USL\">$United States 12 Month Oil Fund, LP(USL)$</a>A put candidate","text":"$United States 12 Month Oil Fund, LP(USL)$A put candidate","images":[{"img":"https://static.tigerbbs.com/967e1a34566589da5344499000798bda","width":"1080","height":"3735"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848702847","isVote":1,"tweetType":1,"viewCount":1076,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":840366512,"gmtCreate":1635591573993,"gmtModify":1635591574213,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3551005900171575","authorIdStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/02611\">$GTJA(02611)$</a>Gd result doesn't mean stock price will go up&nbsp;[疑问]&nbsp;","listText":"<a href=\"https://laohu8.com/S/02611\">$GTJA(02611)$</a>Gd result doesn't mean stock price will go up&nbsp;[疑问]&nbsp;","text":"$GTJA(02611)$Gd result doesn't mean stock price will go up [疑问]","images":[{"img":"https://static.tigerbbs.com/54ff35e42030780f891eeaa526d17fa6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840366512","isVote":1,"tweetType":1,"viewCount":727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":840366940,"gmtCreate":1635591438719,"gmtModify":1635591438870,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3551005900171575","authorIdStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SQQQ\">$ProShares UltraPro Short QQQ(SQQQ)$</a>Fed going to raise interest rate Liao, I think 3 months call should have 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Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. 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Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1022,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859271405,"gmtCreate":1634705519709,"gmtModify":1634705520261,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3551005900171575","authorIdStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/601318\">$Ping An Insurance (Group) Company Of China, Ltd.(601318)$</a><a 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fly","images":[{"img":"https://static.tigerbbs.com/faa61c54e1a322da90c23ee760560afa","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/817952355","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":815633070,"gmtCreate":1630673727490,"gmtModify":1631890026775,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3551005900171575","authorIdStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/601857\">$Petrochina Company Limited(601857)$</a>oil in play again","listText":"<a href=\"https://laohu8.com/S/601857\">$Petrochina Company Limited(601857)$</a>oil in play again","text":"$Petrochina Company 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20ma in week chart","listText":"<a href=\"https://laohu8.com/S/FUBO\">$fuboTV Inc.(FUBO)$</a>still above 20ma in week chart","text":"$fuboTV Inc.(FUBO)$still above 20ma in week chart","images":[{"img":"https://static.tigerbbs.com/38b51f0975d4de4c8dfed3cfb1d0c2d6","width":"1080","height":"3834"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816906519","isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":834193866,"gmtCreate":1629777372155,"gmtModify":1631886256602,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3551005900171575","authorIdStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/02318\">$PING AN(02318)$</a>$57 next average down","listText":"<a href=\"https://laohu8.com/S/02318\">$PING AN(02318)$</a>$57 next average down","text":"$PING AN(02318)$$57 next average down","images":[{"img":"https://static.tigerbbs.com/e42ad016f2be712a776f711f5c02aab0","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834193866","isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":834193973,"gmtCreate":1629777314192,"gmtModify":1631891698084,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3551005900171575","authorIdStr":"3551005900171575"},"themes":[],"htmlText":"Think PA have to&nbsp;fulfill second measure first then can talk about 抄底","listText":"Think PA have to&nbsp;fulfill second measure first then can talk about 抄底","text":"Think PA have to fulfill second measure first then can talk about 抄底","images":[{"img":"https://static.tigerbbs.com/de0ef898366d55015d477975b9f4b5f2","width":"1080","height":"3928"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834193973","isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":835863998,"gmtCreate":1629704111714,"gmtModify":1631886256614,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3551005900171575","authorIdStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/02318\">$PING AN(02318)$</a>result out Friday","listText":"<a href=\"https://laohu8.com/S/02318\">$PING AN(02318)$</a>result out Friday","text":"$PING AN(02318)$result out Friday","images":[{"img":"https://static.tigerbbs.com/7163f8657ffddc604df1df64a39c34ad","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835863998","isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":326799176,"gmtCreate":1615706744895,"gmtModify":1703492286993,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>give a like for tiger to get back to $38","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>give a like for tiger to get back to $38","text":"$Tiger Brokers(TIGR)$give a like for tiger to get back to $38","images":[{"img":"https://static.tigerbbs.com/0e4ae4854f8c3104485c256fdc15c40d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/326799176","isVote":1,"tweetType":1,"viewCount":1197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":360921773,"gmtCreate":1613814274692,"gmtModify":1634552119100,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"Please comment and like thanks","listText":"Please comment and like thanks","text":"Please comment and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/360921773","repostId":"1194607255","repostType":4,"repost":{"id":"1194607255","kind":"news","pubTimestamp":1613728971,"share":"https://www.laohu8.com/m/news/1194607255?lang=&edition=full","pubTime":"2021-02-19 18:02","market":"us","language":"en","title":"Uber drivers should be classified as workers not independent contractors, top UK court rules","url":"https://stock-news.laohu8.com/highlight/detail?id=1194607255","media":"cnbc","summary":"LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld ","content":"<div>\n<p>LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber drivers should be classified as workers not independent contractors, top UK court rules</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber drivers should be classified as workers not independent contractors, top UK court rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 18:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"source_url":"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194607255","content_text":"LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe verdict concludes an almost five-year legal battle between Uber and a group of former drivers who claim they were workers entitled to employment rights like a minimum wage, holiday pay and rest breaks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":698186773,"gmtCreate":1640318268920,"gmtModify":1640319112292,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/NU 20220414 15.0 CALL\">$NU 20220414 15.0 CALL$ &nbsp;</a><a href=\"https://laohu8.com/OPT/NU 20220414 15.0 CALL\">$NU 20220414 15.0 CALL$ </a>Gogo buffett, for too long you have hide your power and people have belittle you&nbsp;[Anger]&nbsp;","listText":"<a href=\"https://laohu8.com/OPT/NU 20220414 15.0 CALL\">$NU 20220414 15.0 CALL$ &nbsp;</a><a href=\"https://laohu8.com/OPT/NU 20220414 15.0 CALL\">$NU 20220414 15.0 CALL$ </a>Gogo buffett, for too long you have hide your power and people have belittle you&nbsp;[Anger]&nbsp;","text":"$NU 20220414 15.0 CALL$ $NU 20220414 15.0 CALL$ Gogo buffett, for too long you have hide your power and people have belittle you [Anger]","images":[{"img":"https://static.tigerbbs.com/3d0ad46f2cf776efbb6b35ea7a1c01aa","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/698186773","isVote":1,"tweetType":1,"viewCount":1581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":127104945,"gmtCreate":1624838360487,"gmtModify":1633948258879,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"Like and comment to huat big big in July 2021&nbsp;[财迷]&nbsp;","listText":"Like and comment to huat big big in July 2021&nbsp;[财迷]&nbsp;","text":"Like and comment to huat big big in July 2021 [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/127104945","repostId":"2146007118","repostType":4,"repost":{"id":"2146007118","kind":"news","pubTimestamp":1624826996,"share":"https://www.laohu8.com/m/news/2146007118?lang=&edition=full","pubTime":"2021-06-28 04:49","market":"us","language":"en","title":"June jobs report, Consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2146007118","media":"Yahoo Finance","summary":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.However, a confluence of ","content":"<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.</p>\n<p>On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.</p>\n<p>Non-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.</p>\n<p>\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"</p>\n<p>Even with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.</p>\n<p>But both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b881fe96eccc72cff61bf35b0dfa72fa\" tg-width=\"5210\" tg-height=\"3404\" referrerpolicy=\"no-referrer\"><span>SAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images</span></p>\n<p>\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"</p>\n<p>However, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.</p>\n<p>\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"</p>\n<p>\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"</p>\n<h2>Consumer confidence</h2>\n<h2></h2>\n<p>Another closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.</p>\n<p>The headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.</p>\n<p>Like investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.</p>\n<p>Not only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.</p>\n<p>\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"</p>\n<p>Still, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.</p>\n<h2>Economic Calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)</p></li>\n <li><p><b>Tuesday: </b>FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&amp;P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);</p></li>\n <li><p><b>Thursday: </b>Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)</p></li>\n <li><p><b>Friday: </b>Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)</p></li>\n</ul>\n<h2>Earnings Calendar</h2>\n<ul>\n <li><p><b>Monday:</b> N/A</p></li>\n <li><p><b>Tuesday: </b>N/A</p></li>\n <li><p><b>Wednesday: </b>Constellation Brands (STZ), Bed Bath &amp; Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close</p></li>\n <li><p><b>Thursday: </b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA) before market open</p></li>\n <li><p><b>Friday:</b> N/A</p></li>\n</ul>","source":"yahoofinance_au","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>June jobs report, Consumer confidence: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJune jobs report, Consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 04:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146007118","content_text":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.\nOn Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.\nNon-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.\n\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"\nEven with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.\nBut both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.\nSAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images\n\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"\nHowever, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.\n\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"\n\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"\nConsumer confidence\n\nAnother closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.\nThe headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.\nLike investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.\nNot only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.\n\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"\nStill, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.\nEconomic Calendar\n\nMonday: Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)\nTuesday: FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&P CoreLogic Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)\nWednesday: MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);\nThursday: Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); Markit US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)\nFriday: Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)\n\nEarnings Calendar\n\nMonday: N/A\nTuesday: N/A\nWednesday: Constellation Brands (STZ), Bed Bath & Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close\nThursday: Walgreens Boots Alliance (WBA) before market open\nFriday: N/A","news_type":1},"isVote":1,"tweetType":1,"viewCount":560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":692750494,"gmtCreate":1641225672128,"gmtModify":1641225672497,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;huat","listText":"[Miser]&nbsp;[Miser]&nbsp;huat","text":"[Miser] [Miser] huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/692750494","repostId":"2200403714","repostType":4,"repost":{"id":"2200403714","kind":"news","pubTimestamp":1641163785,"share":"https://www.laohu8.com/m/news/2200403714?lang=&edition=full","pubTime":"2022-01-03 06:49","market":"us","language":"en","title":"December jobs report, Federal Reserve meeting minutes, CES: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2200403714","media":"Yahoo Finance","summary":"Investors can expect a busy first week of 2022, laden with key economic releases out of Washington t","content":"<html><head></head><body><p>Investors can expect a busy first week of 2022, laden with key economic releases out of Washington that include the highly-anticipated December jobs report and minutes from the Federal Open Market Committee’s (FOMC) latest policy-setting meeting.</p><p>It was a hectic final month of 2021 for markets, stocks rallied to new highs and the action could pour into the new year’s opening week of trading with a boost from what is known as the “January Effect” — the perception of a seasonal rise in U.S. equities during the first month of the year.</p><p>Wall Street attributes the theory to an increase in purchasing following the drop in prices that occurs in December when investors sell positions that have declined in order to take the capital loss in that calendar year&#39;s taxes. Some also think the anomaly is the result of traders using year-end cash bonuses to purchase equities the following month.</p><p>Employment data will be in the spotlight this week. The Department of Labor’s monthly jobs report due for release on Friday will offer an updated look at the strength of hiring and labor force participation — important measures of the U.S. economy, made even more consequential in recent weeks amid a backdrop of rising COVID-19 cases as investors look to assess the impact of the the latest Omicron-driven wave.</p><p>Consensus economist estimates suggest that about 400,000 jobs were added in December, with the pace of hiring nearly doubling from the fewer-than-expected 210,000 recorded in November, when forecasts predicted a half-million new jobs to return. The unemployment rate is also expected to improve further to 4.1% from 4.3% in November when it ticked down to the lowest read since March 2020.</p><p>Although the pace of non-farm payrolls is projected to have risen in December, the downside risk to estimates may be “sizable.”</p><p>“COVID caseloads have been on the rise since November, and news that Omicron could be more infectious than previous variants circulated widely during the December survey period,” Bloomberg economists wrote in a note. “Given how often households have cited fear of COVID or care-taking needs related to COVID as the most important reasons for staying out of the job market, the emergence of the Omicron variant could continue to discourage them.”</p><p>Despite steady rehiring since the peak of the pandemic, labor force participation remains short of pre-virus levels. The civilian labor force was down by about 2.4 million participants as of November, compared to February 2020. Labor issues are also fueling surging inflation levels, as companies large and small face logistical challenges, including rising business costs and supply chain bottlenecks caused by a shortage of workers.</p><p>“This severe labor market shortage — more than any other economic factor — is accounting for a massive breakdown in the normally well-oiled global supply chain,” experts at Wilmington Trust said in their 2022 Capital Markets Outlook. “Labor participation and how firms deal with global resource disorder will likely determine the path for inflation, which is the critical consideration for investors in 2022.”</p><p><img src=\"https://static.tigerbbs.com/792826db78c3c5bac082a3cd1bbe34c2\" tg-width=\"818\" tg-height=\"685\" referrerpolicy=\"no-referrer\"/></p><p>With inflation at the forefront, investors will also set their sights on the Federal Reserve as it looks to raise interest rates this year to offset swelling price levels. The pace of these hikes will determine the stock market’s path forward in the new year.</p><p>Minutes from the FOMC’s Dec. 15 policy-setting meeting, due out Wednesday, could give investors a better picture of where policymakers see interest rates going in 2022.</p><p>Fed officials indicated last month that all 18 members predict at least one 25 basis point hike next year, with the median member forecasting three rate hikes before 2022 is over. The next FOMC meeting is scheduled to take place on Jan. 25 and 26.</p><p>“What’s not changed is the focus on inflation, that’s the biggest risk,” Brigg Macadam founding partner Greg Swenson told Yahoo Finance Live, adding that the Fed changing its tone is “too little, too late.”</p><p>“They are still, by most measures, quite dovish, even with the tapering of bond purchases and the market pricing in three hikes next year, you’ll still have dramatically negative real rates,” he said. “I wouldn’t call that a hawkish Fed — maybe their tone has changed a little bit and they have definitely stopped using the word ‘transitory,’ they have all but admitted that they missed inflation and underestimated it.”</p><p>Although earnings season doesn’t fully commence until around mid-month, several notable off-cycle reports are due out this week, including ones from Jefferies, Bed Bath &amp; Beyond, and Walgreens.</p><p>CES, the Consumer Technology Association&#39;s iconic consumer electronics show will also take place from Jan. 5-7 in Las Vegas, but will end one day earlier than initially planned due to fast-spreading cases of COVID-19. The event may also have a light crowd, with some usual, big name attendees like Apple, Alphabet and Facebook&#39;s parent Meta dropping their plans to attend in-person under the circumstances.</p><h2>Economic calendar</h2><ul><li><p><b>Monday:</b> Markit US Manufacturing PMI, December final (57.7 estimated, 57.8 prior); Construction Spending, month over month, November (0.7% estimated, 0.2% prior month)</p></li><li><p><b>Tuesday:</b> ISM New Orders, December (61.5% prior month); ISM Prices Paid, December (79.3 estimated, 82.4 prior month); ISM Manufacturing, December (60.2 estimated, 61.1) prior month); ISM Employment, December (53.3 prior month); JOLTS job openings, November (11,033,000 prior month); WARDS Total Vehicle Sales, December (13,100,000 expected, 12,860,000 prior month)</p></li><li><p><b>Wednesday:</b> MBA Mortgage Applications, week ended Dec. 31 (-0.6% during prior week); ADP Employment Change, December (360,000 expected, 534,000 during prior month); Markit US Composite PMI, December final (56.9 prior month); Markit US Services PMI, December final (57.5 expected, 57.5 prior month); FOMC Meeting Minutes, December 15</p></li><li><p><b>Thursday: </b>Challenger Job Cuts, year over year, December (-77% prior); Trade Balance, November (-$74,000,000,000 expected, -$67,000,000,000); Initial Jobless Claims, week ended January 1 (199,000 expected, 198,000 during prior week) Continuing Claims, week ended January 1 (1,715,000 expected, 1,716,000 prior week); Langer Consumer Comfort, January 2 (47.9 prior); Factory Orders excluding transportation, November (1.6% prior); Factory Orders, November (1.5% expected, 1.0% prior) ISM Services Index, December (67.0 expected, 69.1 prior); Durable Goods Orders, November final (2.5% prior); Durable Goods Excluding Transportation, November final (0.8% prior); Capital Goods Orders Nondefense Excluding Aircrafts, November final (-0.1%); Capital Goods Shipments Nondefense Excluding Aircrafts, November final (0.3%)</p></li><li><p><b>Friday:</b> Revisions – Employment Report, Household Survey; Two-Month Payroll Net Revision, December (82,000 prior); Change in Nonfarm Payrolls, December (400,000 expected, 210,000 prior month); Change in Private Payrolls, December (370,000 expected, 235,000 prior month); Change in Manufacturing Payrolls, December (33,000 expected, 31,000 prior month); Unemployment Rate, December (4.1 expected, 4.3% prior); Average Hourly Earnings, month over month, December (0.4% expected, 0.3% prior month); Average Hourly Earnings, year over year (4.2% expected, 4.8% prior month); Average Weekly Hours All Employees, December (34.8 expected, 34.8 prior month); Labor Force Participation Rate, December (61.9% expected, 61.8% prior month); Underemployment Rate, December (7.8% prior month); Consumer Credit, November (22,500,000,000 expected, 16,897,000,000 prior month)</p></li></ul><h2>Earnings calendar</h2><ul><li><p><b>Monday:</b> <i>No notable reports scheduled for release</i></p></li><li><p><b>Tuesday:</b> Jefferies Financial Group (JEF), <a href=\"https://laohu8.com/S/MLKN\">MillerKnoll</a> (MLKN) after market close</p></li><li><p><b>Wednesday:</b> <a href=\"https://laohu8.com/S/MULN\">Mullen Automotive</a> Inc. (MULN)</p></li><li><p><b>Thursday</b>: Bed Bath &amp; Beyond Inc. (BBY) before market open, <a href=\"https://laohu8.com/S/STZ\">Constellation Brands Inc</a>. (STZ) before market open, <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA) before market opens, PriceSmart (PSMT) after market close</p></li><li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li></ul></body></html>","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>December jobs report, Federal Reserve meeting minutes, CES: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDecember jobs report, Federal Reserve meeting minutes, CES: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-03 06:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/december-jobs-report-fomc-meeting-minutes-what-to-know-this-week-171353443.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors can expect a busy first week of 2022, laden with key economic releases out of Washington that include the highly-anticipated December jobs report and minutes from the Federal Open Market ...</p>\n\n<a href=\"https://finance.yahoo.com/news/december-jobs-report-fomc-meeting-minutes-what-to-know-this-week-171353443.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4567":"ESG概念","BK4128":"药品零售","MULN":"Mullen Automotive",".DJI":"道琼斯","BK4533":"AQR资本管理(全球第二大对冲基金)",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4077":"互动媒体与服务","MLKN":"MillerKnoll","STZ":"星座品牌","BK4076":"电脑与电子产品零售","WBA":"沃尔格林联合博姿","BK4143":"办公服务与用品","BK4155":"大卖场与超市","BK4504":"桥水持仓","SPY.AU":"SPDR® S&P 500® ETF Trust","BBBY":"3B家居","BK4127":"投资银行业与经纪业","JEF":"杰富瑞","BK4169":"酿酒商与葡萄酒商","FOMC":"FOMO CORP.","PSMT":"普尔斯玛特","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/december-jobs-report-fomc-meeting-minutes-what-to-know-this-week-171353443.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2200403714","content_text":"Investors can expect a busy first week of 2022, laden with key economic releases out of Washington that include the highly-anticipated December jobs report and minutes from the Federal Open Market Committee’s (FOMC) latest policy-setting meeting.It was a hectic final month of 2021 for markets, stocks rallied to new highs and the action could pour into the new year’s opening week of trading with a boost from what is known as the “January Effect” — the perception of a seasonal rise in U.S. equities during the first month of the year.Wall Street attributes the theory to an increase in purchasing following the drop in prices that occurs in December when investors sell positions that have declined in order to take the capital loss in that calendar year's taxes. Some also think the anomaly is the result of traders using year-end cash bonuses to purchase equities the following month.Employment data will be in the spotlight this week. The Department of Labor’s monthly jobs report due for release on Friday will offer an updated look at the strength of hiring and labor force participation — important measures of the U.S. economy, made even more consequential in recent weeks amid a backdrop of rising COVID-19 cases as investors look to assess the impact of the the latest Omicron-driven wave.Consensus economist estimates suggest that about 400,000 jobs were added in December, with the pace of hiring nearly doubling from the fewer-than-expected 210,000 recorded in November, when forecasts predicted a half-million new jobs to return. The unemployment rate is also expected to improve further to 4.1% from 4.3% in November when it ticked down to the lowest read since March 2020.Although the pace of non-farm payrolls is projected to have risen in December, the downside risk to estimates may be “sizable.”“COVID caseloads have been on the rise since November, and news that Omicron could be more infectious than previous variants circulated widely during the December survey period,” Bloomberg economists wrote in a note. “Given how often households have cited fear of COVID or care-taking needs related to COVID as the most important reasons for staying out of the job market, the emergence of the Omicron variant could continue to discourage them.”Despite steady rehiring since the peak of the pandemic, labor force participation remains short of pre-virus levels. The civilian labor force was down by about 2.4 million participants as of November, compared to February 2020. Labor issues are also fueling surging inflation levels, as companies large and small face logistical challenges, including rising business costs and supply chain bottlenecks caused by a shortage of workers.“This severe labor market shortage — more than any other economic factor — is accounting for a massive breakdown in the normally well-oiled global supply chain,” experts at Wilmington Trust said in their 2022 Capital Markets Outlook. “Labor participation and how firms deal with global resource disorder will likely determine the path for inflation, which is the critical consideration for investors in 2022.”With inflation at the forefront, investors will also set their sights on the Federal Reserve as it looks to raise interest rates this year to offset swelling price levels. The pace of these hikes will determine the stock market’s path forward in the new year.Minutes from the FOMC’s Dec. 15 policy-setting meeting, due out Wednesday, could give investors a better picture of where policymakers see interest rates going in 2022.Fed officials indicated last month that all 18 members predict at least one 25 basis point hike next year, with the median member forecasting three rate hikes before 2022 is over. The next FOMC meeting is scheduled to take place on Jan. 25 and 26.“What’s not changed is the focus on inflation, that’s the biggest risk,” Brigg Macadam founding partner Greg Swenson told Yahoo Finance Live, adding that the Fed changing its tone is “too little, too late.”“They are still, by most measures, quite dovish, even with the tapering of bond purchases and the market pricing in three hikes next year, you’ll still have dramatically negative real rates,” he said. “I wouldn’t call that a hawkish Fed — maybe their tone has changed a little bit and they have definitely stopped using the word ‘transitory,’ they have all but admitted that they missed inflation and underestimated it.”Although earnings season doesn’t fully commence until around mid-month, several notable off-cycle reports are due out this week, including ones from Jefferies, Bed Bath & Beyond, and Walgreens.CES, the Consumer Technology Association's iconic consumer electronics show will also take place from Jan. 5-7 in Las Vegas, but will end one day earlier than initially planned due to fast-spreading cases of COVID-19. The event may also have a light crowd, with some usual, big name attendees like Apple, Alphabet and Facebook's parent Meta dropping their plans to attend in-person under the circumstances.Economic calendarMonday: Markit US Manufacturing PMI, December final (57.7 estimated, 57.8 prior); Construction Spending, month over month, November (0.7% estimated, 0.2% prior month)Tuesday: ISM New Orders, December (61.5% prior month); ISM Prices Paid, December (79.3 estimated, 82.4 prior month); ISM Manufacturing, December (60.2 estimated, 61.1) prior month); ISM Employment, December (53.3 prior month); JOLTS job openings, November (11,033,000 prior month); WARDS Total Vehicle Sales, December (13,100,000 expected, 12,860,000 prior month)Wednesday: MBA Mortgage Applications, week ended Dec. 31 (-0.6% during prior week); ADP Employment Change, December (360,000 expected, 534,000 during prior month); Markit US Composite PMI, December final (56.9 prior month); Markit US Services PMI, December final (57.5 expected, 57.5 prior month); FOMC Meeting Minutes, December 15Thursday: Challenger Job Cuts, year over year, December (-77% prior); Trade Balance, November (-$74,000,000,000 expected, -$67,000,000,000); Initial Jobless Claims, week ended January 1 (199,000 expected, 198,000 during prior week) Continuing Claims, week ended January 1 (1,715,000 expected, 1,716,000 prior week); Langer Consumer Comfort, January 2 (47.9 prior); Factory Orders excluding transportation, November (1.6% prior); Factory Orders, November (1.5% expected, 1.0% prior) ISM Services Index, December (67.0 expected, 69.1 prior); Durable Goods Orders, November final (2.5% prior); Durable Goods Excluding Transportation, November final (0.8% prior); Capital Goods Orders Nondefense Excluding Aircrafts, November final (-0.1%); Capital Goods Shipments Nondefense Excluding Aircrafts, November final (0.3%)Friday: Revisions – Employment Report, Household Survey; Two-Month Payroll Net Revision, December (82,000 prior); Change in Nonfarm Payrolls, December (400,000 expected, 210,000 prior month); Change in Private Payrolls, December (370,000 expected, 235,000 prior month); Change in Manufacturing Payrolls, December (33,000 expected, 31,000 prior month); Unemployment Rate, December (4.1 expected, 4.3% prior); Average Hourly Earnings, month over month, December (0.4% expected, 0.3% prior month); Average Hourly Earnings, year over year (4.2% expected, 4.8% prior month); Average Weekly Hours All Employees, December (34.8 expected, 34.8 prior month); Labor Force Participation Rate, December (61.9% expected, 61.8% prior month); Underemployment Rate, December (7.8% prior month); Consumer Credit, November (22,500,000,000 expected, 16,897,000,000 prior month)Earnings calendarMonday: No notable reports scheduled for releaseTuesday: Jefferies Financial Group (JEF), MillerKnoll (MLKN) after market closeWednesday: Mullen Automotive Inc. (MULN)Thursday: Bed Bath & Beyond Inc. (BBY) before market open, Constellation Brands Inc. (STZ) before market open, Walgreens Boots Alliance (WBA) before market opens, PriceSmart (PSMT) after market closeFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":1153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":326333642,"gmtCreate":1615593342486,"gmtModify":1703491327025,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>positive after average down","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>positive after average down","text":"$Tiger Brokers(TIGR)$positive after average down","images":[{"img":"https://static.tigerbbs.com/45897ef5fc168b7f4604fb24346d94de","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/326333642","isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":352151209,"gmtCreate":1616911268201,"gmtModify":1631888652298,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00857\">$PetroChina(00857)$</a>Suddenly many brokerages up it's rating&nbsp;","listText":"<a href=\"https://laohu8.com/S/00857\">$PetroChina(00857)$</a>Suddenly many brokerages up it's rating&nbsp;","text":"$PetroChina(00857)$Suddenly many brokerages up it's rating","images":[{"img":"https://static.tigerbbs.com/0478bd217f334f36fdf24b177daa4b87","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":1,"link":"https://laohu8.com/post/352151209","isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":165480230,"gmtCreate":1624154855420,"gmtModify":1631889760935,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01766\">$CRRC(01766)$</a>ddividend next week","listText":"<a href=\"https://laohu8.com/S/01766\">$CRRC(01766)$</a>ddividend next week","text":"$CRRC(01766)$ddividend next week","images":[{"img":"https://static.tigerbbs.com/114adf204a4af133170d5d0a8a3365f7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/165480230","isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3565304810945039","authorId":"3565304810945039","name":"cmc1","avatar":"https://static.tigerbbs.com/9bc71fb2ec75f1e005c83dc865cf30c0","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3565304810945039","idStr":"3565304810945039"},"content":"股息是不是还得等公告啊","text":"股息是不是还得等公告啊","html":"股息是不是还得等公告啊"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":357189766,"gmtCreate":1617246149755,"gmtModify":1634521825409,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"Please like and comment thank","listText":"Please like and comment thank","text":"Please like and comment thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/357189766","repostId":"2124208563","repostType":4,"repost":{"id":"2124208563","kind":"news","pubTimestamp":1617245634,"share":"https://www.laohu8.com/m/news/2124208563?lang=&edition=full","pubTime":"2021-04-01 10:53","market":"us","language":"en","title":"Keep on Buying These 3 EV Stocks, Says Analyst Following Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2124208563","media":"TipRanks","summary":"Investors are always on the lookout for the next big thing, the next industry that will bring the gr","content":"<div>\n<p>Investors are always on the lookout for the next big thing, the next industry that will bring the great returns. Predicting what stock sector will blast off is an inexact science, at best; but like ...</p>\n\n<a href=\"https://finance.yahoo.com/news/keep-buying-3-ev-stocks-010454819.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Keep on Buying These 3 EV Stocks, Says Analyst Following Conference</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeep on Buying These 3 EV Stocks, Says Analyst Following Conference\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-01 10:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/keep-buying-3-ev-stocks-010454819.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are always on the lookout for the next big thing, the next industry that will bring the great returns. Predicting what stock sector will blast off is an inexact science, at best; but like ...</p>\n\n<a href=\"https://finance.yahoo.com/news/keep-buying-3-ev-stocks-010454819.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUV":"Arcimoto, Inc.","FIIIU":"Forum Merger III Corp","SOLO":"Electrameccanica Vehicles Corp."},"source_url":"https://finance.yahoo.com/news/keep-buying-3-ev-stocks-010454819.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2124208563","content_text":"Investors are always on the lookout for the next big thing, the next industry that will bring the great returns. Predicting what stock sector will blast off is an inexact science, at best; but like politics, stocks run downstream from culture. And right now, culture is all-in for clean energy and electric cars.Observing the electric vehicle (EV) stock sector for Colliers Securities is industry expert Michael Shlisky. Shlisky had an opportunity last week to meet virtually with management from numerous EV companies, in Colliers’ Spring Alternative Transportation Conference, giving him a chance to sharpen his view of the sector.EV stocks have dropped significantly in the past six weeks. However, Shlisky believes this \"may be the perfect time for investors to test the waters for stocks that may have fallen too far, too fast…\" The analyst added, \"In our view, institutional investors who have been circling the sector may finally be able to take a fresh look, with valuations much lower in recent weeks.”Even though Shlisky sees current conditions offering an opening for investors to buy in at attractive valuations, he does note that the EV sector is likely to continue to face challenges in the near term. He recommends a two-year time frame for investors in the sector – and goes on to note several EV stocks that that investors should consider.We’ve opened up the TipRanks database to get the latest details on three of Shlisky’s stock picks; let’s take a look at them, and find out what brought this analyst to these stocks.Arcimoto, Inc.(FUV)The first EV stock we're looking at is Arcimoto, an Oregon-based EV maker specializing in a line it calls the Fun Electric Vehicle, or FUV. The FUV is Arcimoto’s flagship design, a three-wheel vehicle that seats two in a tandem arrangement, boats a top speed of 75 miles per hour and a 102 mile range on a single charge. The vehicle is designed for short-range, casual driving, or a mid-range regular commute to and from work. Arcimoto is taking orders for FUV, and the vehicle is already available on the West Coast and in Florida.In addition to the FUV, Arcimoto markets variants of the vehicle built on the same chassis and dual-motor front wheel drive design. The chief variants are the Deliverator, a light delivery truck specialized for the urban landscape, and the Rapid Responder, marketed to fire departments and emergency medical services. The Rapid Responder’s key selling point is directly related to the vehicle’s small size and maneuverability – it can reach places where large emergency trucks cannot, making it likely to be the ‘first on the scene.’ Arcimoto has unveiled a motorcycle-inspired Roadster model for customer orders.Arcimoto’s shares have seen their ups and downs – and all in recent months. The company’s stock grew an astounding 721% in 2020, and then gained another 177% to reach its peak – and all-time high – in early February of this year. Since then, the stock has slipped 64%, leading investors to ask, ‘What gives?’The explanations are actually simple; in Wall Street’s general view, FUV gained dramatically last year when the EV sector as a whole did well, and gave back some of those gains when the combination of inflation worries, rising Treasury bond yields, and questions about how to value equities during the pandemic recovery put downward pressure on markets in February and March.Shlisky sees potential for Arcimoto – in fact, it is one of his ‘top picks’ in the sector – for both the near and mid-term, with a focus on the eponymous Fun Vehicle. He notes that Florida is seeing early success with the FUV.“Congruent with the numerous happy social-media posts we have noted in recent weeks, FUV is shipping to Florida in earnest. Management noted that another truck full of vehicles was en route as we spoke at the conference. Given the significant number of tourist attractions, closed-village communities, campuses and golf facilities, Florida is a leading pre-order state for FUV. The company plans multiple physical locations in the state, including rental fleets,” Shlisky noted.Of the company’s overall position, the analyst adds, “We can expect ongoing improvements in the production rate this year, scaling up to the new r-AMP facility and full-scale assembly capabilities next year.”Based on all of the above, Shlisky rates Arcimoto shares a Buy, and his $20 price target suggests it has room for 57% share appreciation this year.Overall, there are two reviews on record for FUV, and they are evenly split Buy and Hold. This makes for a Moderate Buy consensus view, and the average price target of $14 implies a 6% upside from the trading price of $13.23.ElectraMeccanica Vehicles (SOLO)ElectraMeccanica Vehicles represents a company vying for a similar niche to Arcimoto. The company markets a single-seat commuter EV, designed for the urban market and featuring an 80 mile per hour top speed, a 100 mile range, and three-wheel configuration. The chassis comes with more automotive-traditional body work than the FUV, a door on either side of the vehicle, and trunk for cargo stowage.The Solo vehicle is available for pre-order, but ElectraMeccanica has not yet begun deliveries. The company has selected Phoenix, Arizona as the location for a proposed factory complex, that will include light vehicle assembly along with battery pack and power electrics testing workshops.ElectraMeccanica is also starting to diversify the product line, with a pair of two-seat vehicles. These are the Tofino sports car and the Electric Roadster. Both feature more traditional automotive styling than the Solo, as well as significantly higher performance and range per charge. Like the Solo, both are available for pre-orders.ElectraMeccanica remains a truly speculative investment; the company has yet to report more than $250,000 in quarterly revenues. At the end of the 2020, the company reported using $10.5 million in cash for operations, up from $3.6 million the year-ago quarter. However, the company also reported having $129.5 million in cash on hand as of December 31; this is a dramatic improvement from the $8.6 million reported one year earlier. The company has plans to begin vehicle deliveries later this year.In his review of SOLO shares, Shlisky focuses on the upcoming vehicle deliveries as the major catalyst for ElectraMeccanica.“SOLO reiterated that it expects to make its first retail deliveries in 2021, most likely vehicles manufactured by the company's Chinese partner. The company also continues to roll out retail locations (20 in operation or announced, in total) to generate test-drives and incremental reservations…. SOLO has finally made its choice to build its assembly facility in Arizona; what we did not expect was its first official micro-mobility announcement at the same time. That said, this was something we had expected, given the SOLO model's place between a moped and an automobile, both of which are widely rented,” the analyst wrote.At the bottom line, Shlisky says simply, “The stock has been volatile, but we would stick with it as initial deliveries begin to reach driveways.”In line with those comments, Shlisky gives SOLO a Buy rating. His $7.50 price target implies an upside of ~60% in the next 12 months.Like the Colliers analyst, the rest of the Street is bullish on SOLO. 3 Buy ratings compared to no Holds or Sells add up to a Strong Buy consensus rating. At $8.92, the average price target is more aggressive than Shlisky's and implies upside potential of ~90%.Forum Merger III (FIII)Last but not least is Forum Merger III, a special purpose acquisition company (SPAC), which is in the late stages of the merger business combination process with Electric Last Mile Solutions. ELMS is an EV maker based in Troy, Michigan, not far from the Detroit heart of the US automotive industry. Electric Last Mile is working on an urban delivery van, a light cargo vehicle with 170 cubic feet of cargo space, a 150 mile range per charge – and a short 2-hour span for full charging.ELMS’ EV van is specifically designed to compete with class 1 gas-powered delivery vans. While it has a shorter range than the combustion vehicles, it does boast a larger cargo space than the leading gas-powered van. In addition, the ELMS vehicle comes with an on-board over-the-air digital connection, allowing fleet managers to collect real-time data on vehicle routing, tracking, and efficiency. The Urban Delivery Vehicles are available for pre-orders.While ELMS has not begun vehicle deliveries yet, it has acquired the production capacity it needs to meet anticipated demand. The company has a 675,000 square foot factory in Mishawaka, Indiana, and is ramping production capability to 100,000 commercial vehicles per year. The company has plans to begin production on the first 45,000 orders by the end of 3Q21.As mentioned above, Forum Merger III will be taking ELMS public. The merger was announced in December; when complete, the combined entity will take the name Electric Last Mile Solutions, and list on the NASDAQ with ‘ELMS’ as the ticker symbol. The combination will produce a company worth $1.4 billion, and is expected to generate $379 million in funds available for operations and growth.The upcoming SPAC merger got the attention of Colliers’ Shlisky, who describes ELMS as another of his ‘top picks’ in the EV space.“ELMS is one of the more-promising EV-CV stories this year... ELMS plans to launch a Class 1-2 delivery vehicle in 2021… assembled from kits at its already-built Indiana facility,” Shlisky opined.Shlisky goes on to outline the advantages of the vehicle, and its potential for future profitability: “[Its] Class 1-2 product has the same upfront cost as incumbent ICE vehicles, yet offers 35% or more cargo space, plus savings on fuel and maintenance from there. Following a 2020 in which US e-commerce activity increased over 30% and van production was down 15%, along with the exit of three important competitor models (10% share) in 2020-2021, there is a dire need for capacity and ELMS appears uniquely poised to fill that need, if execution is strong on the launch timeline. In our view, it all adds up to one of the more-promising EV-CV ideas.”Based on these comments, Shlisky recommends Buying FIII before the merger. His price target on the stock is $13, which implies an upside of 30% from current levels.All in all, FIII has a small, but vocal camp of bullish analysts. Out of the 2 analysts polled by TipRanks, both rate the stock a Buy. With a return potential of ~81%, the stock's 12-month consensus target price stands at $18.(See FIII stock analysis on TipRanks)To find good ideas for EV stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359876652,"gmtCreate":1616387507976,"gmtModify":1634526114051,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/359876652","repostId":"1158879714","repostType":4,"repost":{"id":"1158879714","kind":"news","pubTimestamp":1616380355,"share":"https://www.laohu8.com/m/news/1158879714?lang=&edition=full","pubTime":"2021-03-22 10:32","market":"us","language":"en","title":"Headed For A Collapsing Debt Bubble","url":"https://stock-news.laohu8.com/highlight/detail?id=1158879714","media":"zerohedge","summary":"A $1.9 trillion stimulus package was recently signed into law in the United States. Can such a stimu","content":"<p>A $1.9 trillion stimulus package was recently signed into law in the United States. Can such a stimulus bill, plus packages passed in other countries, really pull the world economy out of the downturn it has been in 2020? I don’t think so.</p>\n<p>The economy runs on energy, far more than it operates on growing debt. Our energy problems don’t appear to be fixable in the near term, such as six months or a year. Instead, the economy seems to be headed for a collapse of its debt bubble. Eventually, we may see a reset of the world financial system leading to fewer interchangeable currencies, far less international trade and falling production of goods and services. Some governments may collapse.</p>\n<p><b>[1] What Is Debt?</b></p>\n<p>I understand debt to be an&nbsp;<i>indirect promise for future goods and services</i>. These future goods and services can only be created if there are adequate supplies of the right kinds of energy and other materials, in the right places, to make these future goods and services.</p>\n<p>I think of debt as being a&nbsp;<i>time-shifting device.</i>&nbsp;Indirectly, it is a promise that the economy will be able to provide as many, or more, goods and services in the future compared to what it does at the time the loan is taken out.</p>\n<p>Common sense suggests that it is much easier to repay debt with interest in a growing economy than in a shrinking economy. Carmen Reinhart and Ken Rogoff unexpectedly ran across this phenomenon in their 2008 working paper,&nbsp;This Time Is Different: A Panoramic View of Eight Centuries of Financial Crises. They reported (p. 15), “It is notable that the non-defaulters, by and large, are all hugely successful growth stories.” In other words, their analysis of 800 years of governmental debt showed that default was almost inevitable if a country stopped growing or started shrinking.</p>\n<p>The IMF estimates that the world economy&nbsp;shrank by 3.5%&nbsp;in 2020. There are many areas with even worse indications: Euro Area, -7.2%; United Kingdom, -10.0%; India, -8.0%; Mexico, -8.5%; and South Africa, -7.5%. If these situations cannot be turned around quickly, we should expect to see collapsing debt bubbles. Even the US, which shrank by 3.4%, needs a rapid return to growth if it is to keep its debt bubble inflated.</p>\n<p><b>[2] The Inter-Relationship Among (a) Growing Debt, (b) Growing Energy Consumption and a (c) Growing Economy</b></p>\n<p>When we are far from energy limits, growing debt seems to pull the economy along. This is a graphic I put together in 2018, explaining the situation. A small amount of debt is helpful to the system. But, if there gets to be too much debt, both oil prices and interest rates rise, bringing the braking system into action. The bicycle/economy rapidly slows.</p>\n<p><img src=\"https://static.tigerbbs.com/988ae9ff86e02ba9f0e17f7c656fa38a\" tg-width=\"500\" tg-height=\"345\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Figure 1. The author’s view of the analogy of a speeding upright bicycle and a speeding economy.</i></p>\n<p>Just as a two-wheeled bicycle needs to be going fast enough to stay upright, the economy needs to be growing rapidly enough for debt to do what it is intended to do. It takes energy supply to create the goods and services that the economy depends on.</p>\n<p>If oil and other energy products are cheap to produce, their benefit will be widely available. Employers will be able to add more efficient machines, such as bigger tractors. These more efficient machines will act to leverage the human labor of the workers. The economy can grow rapidly, without the use of much debt. Figure 2 shows that the world oil price was $20 per barrel in 2020$, or even less, prior to 1974.</p>\n<p><img src=\"https://static.tigerbbs.com/0713c7ad2aa2952ae70ab31f031409a6\" tg-width=\"500\" tg-height=\"301\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Figure 2. Oil price in 2020 dollars, based on amounts through 2019 in 2019$ from&nbsp;BP’s 2020 Statistical Review of World Energy, the inflationary adjustment from 2019 to 2020 based on CPI Urban prices from the US Department of Labor and the average spot Brent oil price for 2020 based on EIA information.</i></p>\n<p>Figure 3 below shows the historical relationship between the growth in&nbsp;<i>US energy consumption</i>&nbsp;(red line) and&nbsp;<i>the dollar increase in US debt growth required to add a dollar increase in GDP</i>&nbsp;(blue line). This chart calculates ratios for five-year periods because ratios for individual years are unstable.</p>\n<p><img src=\"https://static.tigerbbs.com/657120d86e4004601bc5a5909fa1cc55\" tg-width=\"500\" tg-height=\"303\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Figure 3. Comparison of five-year average growth in US energy consumption based on EIA data with five-year average amount of added debt required to add $1 of GDP.</i></p>\n<p>Based on Figure 3, the US average annual growth in energy consumption (red line) generally fell between 1951 and 2020. The quantity of debt that needed to be added to create an additional $1 dollar of GDP (blue line) has generally been rising.</p>\n<p>According to&nbsp;Investopedia,&nbsp;<i>Gross domestic product</i>&nbsp;(<i>GDP</i>) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period.&nbsp;Notice that there is no mention of debt in this definition. If businesses or governments can find a way to make large amounts of credit available to borrowers who are not very credit worthy, it becomes easy to sell cars, motorcycles or homes to buyers who may never repay that debt. If the economy hits turbulence, these marginal buyers are likely to default, causing a collapse in a debt bubble.</p>\n<p><b>[3] Analyzing Energy Consumption Growth, Debt Growth and Economic Growth for Broader Groupings of Years</b></p>\n<p>To get a better idea what is happening with respect to energy growth, debt growth, and GDP growth, I created some broader groupings of years, based primarily on patterns in Figure 2, showing inflation-adjusted oil prices. The following groupings of years were chosen:</p>\n<ul>\n <li><p>1950-1973</p></li>\n <li><p>1974-1980</p></li>\n <li><p>1981-2000</p></li>\n <li><p>2001-2014</p></li>\n <li><p>2015-2020</p></li>\n</ul>\n<p>Using these groupings of years, I put together charts in which it is easier to see trends.</p>\n<p><img src=\"https://static.tigerbbs.com/602cfb962c02189ea5825a1f4f7d790d\" tg-width=\"500\" tg-height=\"302\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Figure 4. Average annual increase in energy consumption for period shown based on EIA data versus average increase in real (inflation-adjusted) GDP for the period shown based on data of the US Bureau of Economic Analysis.</i></p>\n<p>Figure 4 shows that for the US, there has been a general downward trend in the annual growth of energy consumption. At same time, real (that is, inflation-adjusted) GDP has been trending downward, but not quite as quickly.</p>\n<p>We would expect that lower energy consumption would lead to lower growth in real GDP because it takes energy of the appropriate kinds to make goods and services. For example, it takes oil to ship most goods. It takes electricity to operate computers and keep the lights on. According to the&nbsp;World Coal Association, large quantities of coal are used in producing cement and steel. These are important for construction, such as is planned in stimulus projects around the world.</p>\n<p>Also, on Figure 4, the period 1981 to 2000 shows an uptick in both energy consumption growth and real GDP growth. This period corresponds to a period of relatively low oil prices (Figure 2). With lower oil prices, businesses found it affordable to add new devices to leverage human labor, making workers more productive. The growing productivity of workers is at least part of what led to the increased growth in real GDP.</p>\n<p><img src=\"https://static.tigerbbs.com/9dfc9c699891a0b02f9e46e6f3f53bda\" tg-width=\"500\" tg-height=\"301\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Figure 5. Dollars of additional debt required to add $1 dollar of GDP growth (including inflation), based on data of the US Bureau of Economic Analysis.</i></p>\n<p>Figure 5, above, is disturbing. It strongly suggests that the US economy (and probably a lot of other economies) has needed to add an increasing amount of debt to add $1 of GDP in recent years. This pattern started long before President Biden’s $1.9 trillion stimulus package in 2021.</p>\n<p>To make matters worse, GDP growth in Figure 5 has not been reduced to remove the impact of inflation. On average, removing the impact of inflation reduces the above GDP growth by about half. In the period 2015 to 2020, it took about $4.35 of additional debt to add one dollar of GDP growth, including inflation. It would take about double that amount, or $8.70 worth of debt, to create $1.00 worth of inflation-adjusted growth. With such a low return on added debt, it seems unlikely that the $1.9 trillion stimulus package will increase the growth of the economy very much.</p>\n<p><b>[4] Falling interest rates (Figure 6) are a major part of what allowed the rapid growth in debt after 1981 shown in Figure 5.</b></p>\n<p><img src=\"https://static.tigerbbs.com/74f347d946ebcebc62fe4fdee1dfffd3\" tg-width=\"500\" tg-height=\"193\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Figure 6. 10-Year and 3-Month US Treasury Rates through February 2021, in a chart prepared by the Federal Reserve of St. Louis.</i></p>\n<p>Clearly, debt is more affordable if the interest rate is lower. For example, auto loans and home mortgages have lower monthly payments if the interest rate is lower. It is also clear that governments need to spend less of their tax revenue on interest rate payments if interest rates are lower. Changes made by US President Ronald Reagan when he took office 1981 also encouraged the use of more debt.</p>\n<p>A major concern with respect to today’s debt bubble is the fact that interest rates are about as low as they can go without going negative. In fact, the interest rate on 10-year Treasury bonds is now 1.72%, which is higher than the February 2021 average rate shown on the chart. As interest rates rise, it becomes more costly to add more debt. As interest rates rise, businesses will be less likely to take on debt in order to expand and hire more workers.</p>\n<p><b>[5] Interest expense is a major expense of governments, businesses, and homeowners everywhere. Energy costs are another major expense of governments, businesses, and homeowners. It makes sense that falling interest rates can partly hide rising energy prices.</b></p>\n<p>A trend toward lower interest rates was needed starting in 1981 because the US could no longer produce large amounts of crude oil that were profitable to sell at less than $20 per barrel, in inflation-adjusted prices. Lower interest rates made adding debt more feasible. This added debt could smooth the transition to an economy that was less dependent on oil, now that it was high-priced. The lower interest rates helped all segments of the economy adjust to the new higher cost of oil and other fuels.</p>\n<p><b>[6] The US experience shows precisely how helpful having a rapidly growing supply of inexpensive to produce oil could be to an economy.</b></p>\n<p>US oil production, excluding Alaska (blue “remainder” in Figure 7), rose rapidly after 1945 but began to decline not long after hitting a peak in 1970. This growing oil production had temporarily provided a huge boost to the US economy.</p>\n<p><img src=\"https://static.tigerbbs.com/f4038b2f211130347e8f49562c4fcac0\" tg-width=\"500\" tg-height=\"303\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Figure 7. US crude oil production, based on data of the US Energy Information Administration.</i></p>\n<p>Up until almost 1970, US oil production was rising rapidly. Figure 8 shows that during this period, incomes of both the bottom 90% of workers and the top 10% of workers increased rapidly. Over a period of about 20 years, incomes for both groups grew by about 80%, after adjusting for inflation. On average, workers were about 4% better off each year, with the rapid growth in very inexpensive-to-produce oil, all of which stayed in the US (rather than being exported). US imports of inexpensive-to-produce oil also&nbsp;grew during this period.</p>\n<p>Once oil prices were higher, income growth for both the lower 90% and the top 10% slowed. With the changes made starting in 1981, wage disparities quickly started to grow. There suddenly became a need for new, high-tech approaches that used less oil. But these changes were more helpful to the managers and highly educated workers than the bottom 90% of workers.</p>\n<p><img src=\"https://static.tigerbbs.com/863a8245e4a663113ef507527988a806\" tg-width=\"500\" tg-height=\"361\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Figure 8. Chart comparing income gains by the top 10% to income gains by the bottom 90% by economist Emmanuel Saez. Based on an analysis of IRS data,&nbsp;published in Forbes.</i></p>\n<p><b>[7] Most of the world’s cheap-to-extract oil sources have now been exhausted. Our problem is that the world market cannot get prices to rise high enough for producers to cover all of their expenses, including taxes.</b></p>\n<p>Based on my analysis, the world price of oil would need to be at least $120 per barrel to cover all of the costs it needs to cover. The costs that need to be covered include more items than an oil company would normally include in its costs estimates. The company needs to develop new fields to compensate for the ones that are being exhausted. It needs to pay interest on its debt. It also needs to pay dividends to its shareholders. In the case of shale producers, the price needs to be high enough that production outside of “sweet spots” can be carried on profitably.</p>\n<p>For oil exporters, it is especially important that the sales price be high enough so that the government of the oil exporting country can collect adequate tax revenue. Otherwise, the exporting country will not be able to maintain food subsidy programs that the population depends on and public works programs that provide jobs.</p>\n<p><b>[8] The world can add more debt, but it is difficult to see how the debt bubble that is created will really pull the world economy forward rapidly enough to keep the debt bubble from collapsing in the next year or two.</b></p>\n<p>Many models are based on the assumption that the economy can easily go back to the growth rate it had, prior to COVID-19. There are several reasons why this seems unlikely:</p>\n<ul>\n <li><p>Many parts of the world economy weren’t really growing very rapidly prior to the pandemic. For example, shopping malls were doing poorly. Many airlines were in financial difficulty. Private passenger auto sales in China reached a peak in 2017 and have declined every year since.</p></li>\n <li><p>At the low oil prices prior to the pandemic, many oil producers (including the US) would need to reduce their production. The 2019 peak in shale production (shown in Figure 7) may prove to be the peak in US oil production because of low prices.</p></li>\n <li><p>Once people became accustomed to working from home, many of them really do not want to go back to a long commute.</p></li>\n <li><p>It is not clear that the pandemic is really going away, now that we have kept it around this long. New mutations keep appearing. Vaccines aren’t 100% effective.</p></li>\n <li><p>As I showed in Figure 5, adding more debt seems to be a very inefficient way of digging the economy out of a hole. What is really needed is a growing supply of oil that can be produced and sold profitably for less than $20 per barrel. Other types of energy need to be similarly inexpensive.</p></li>\n</ul>\n<p>I should note that intermittent wind and solar energy is not an adequate substitute for oil. It is not even an adequate substitute for “dispatchable” electricity production. It is simply an energy product that has been sufficiently subsidized that it can often make money for its producers. It also sounds good, if it is referred to as “clean energy.” Unfortunately, its true value is lower than its cost of production.</p>\n<p><b>[9] What’s Ahead?</b></p>\n<p>I expect that oil prices will rise a bit, but not enough to raise prices to the level producers require. Interest rates will continue to rise as governments around the world attempt more stimulus. With these higher interest rates and higher oil prices, businesses will do less and less well. This will slow the economy enough that debt defaults become a major problem. Within a few months to a year, the worldwide debt bubble will start to collapse, bringing oil prices down by more than 50%. Stock market prices and prices of buildings of all kinds will fall in inflation-adjusted dollars. Many bonds will prove to be worthless. There will be problems with empty shelves in stores and gasoline stations with no products to sell.</p>\n<p>People will start to see that while debt is a promise for the equivalent of future goods and services, it is not necessarily the case that those who make the promises will be able to stand behind these promises. Paper wealth generally can be expected to lose its value.</p>\n<p>I can imagine a situation, not too many years from now, when<b>countries everywhere will establish new currencies that are not as easily interchangeable</b>with other currencies as today’s currencies are. International trade will dramatically fall. The standard of living of most people will fall precipitously.</p>\n<p>I doubt that the new currencies will be electronic currencies. Keeping the electricity on is a difficult task in economies that increasingly need to rely solely on local resources. Electricity may be out for months at a time after an equipment failure or a storm. Having a currency that depends on electricity alone would be a poor idea.</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>Headed For A Collapsing Debt Bubble</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHeaded For A Collapsing Debt Bubble\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 10:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/headed-collapsing-debt-bubble><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A $1.9 trillion stimulus package was recently signed into law in the United States. Can such a stimulus bill, plus packages passed in other countries, really pull the world economy out of the downturn...</p>\n\n<a href=\"https://www.zerohedge.com/economics/headed-collapsing-debt-bubble\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/economics/headed-collapsing-debt-bubble","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158879714","content_text":"A $1.9 trillion stimulus package was recently signed into law in the United States. Can such a stimulus bill, plus packages passed in other countries, really pull the world economy out of the downturn it has been in 2020? I don’t think so.\nThe economy runs on energy, far more than it operates on growing debt. Our energy problems don’t appear to be fixable in the near term, such as six months or a year. Instead, the economy seems to be headed for a collapse of its debt bubble. Eventually, we may see a reset of the world financial system leading to fewer interchangeable currencies, far less international trade and falling production of goods and services. Some governments may collapse.\n[1] What Is Debt?\nI understand debt to be an indirect promise for future goods and services. These future goods and services can only be created if there are adequate supplies of the right kinds of energy and other materials, in the right places, to make these future goods and services.\nI think of debt as being a time-shifting device. Indirectly, it is a promise that the economy will be able to provide as many, or more, goods and services in the future compared to what it does at the time the loan is taken out.\nCommon sense suggests that it is much easier to repay debt with interest in a growing economy than in a shrinking economy. Carmen Reinhart and Ken Rogoff unexpectedly ran across this phenomenon in their 2008 working paper, This Time Is Different: A Panoramic View of Eight Centuries of Financial Crises. They reported (p. 15), “It is notable that the non-defaulters, by and large, are all hugely successful growth stories.” In other words, their analysis of 800 years of governmental debt showed that default was almost inevitable if a country stopped growing or started shrinking.\nThe IMF estimates that the world economy shrank by 3.5% in 2020. There are many areas with even worse indications: Euro Area, -7.2%; United Kingdom, -10.0%; India, -8.0%; Mexico, -8.5%; and South Africa, -7.5%. If these situations cannot be turned around quickly, we should expect to see collapsing debt bubbles. Even the US, which shrank by 3.4%, needs a rapid return to growth if it is to keep its debt bubble inflated.\n[2] The Inter-Relationship Among (a) Growing Debt, (b) Growing Energy Consumption and a (c) Growing Economy\nWhen we are far from energy limits, growing debt seems to pull the economy along. This is a graphic I put together in 2018, explaining the situation. A small amount of debt is helpful to the system. But, if there gets to be too much debt, both oil prices and interest rates rise, bringing the braking system into action. The bicycle/economy rapidly slows.\n\nFigure 1. The author’s view of the analogy of a speeding upright bicycle and a speeding economy.\nJust as a two-wheeled bicycle needs to be going fast enough to stay upright, the economy needs to be growing rapidly enough for debt to do what it is intended to do. It takes energy supply to create the goods and services that the economy depends on.\nIf oil and other energy products are cheap to produce, their benefit will be widely available. Employers will be able to add more efficient machines, such as bigger tractors. These more efficient machines will act to leverage the human labor of the workers. The economy can grow rapidly, without the use of much debt. Figure 2 shows that the world oil price was $20 per barrel in 2020$, or even less, prior to 1974.\n\nFigure 2. Oil price in 2020 dollars, based on amounts through 2019 in 2019$ from BP’s 2020 Statistical Review of World Energy, the inflationary adjustment from 2019 to 2020 based on CPI Urban prices from the US Department of Labor and the average spot Brent oil price for 2020 based on EIA information.\nFigure 3 below shows the historical relationship between the growth in US energy consumption (red line) and the dollar increase in US debt growth required to add a dollar increase in GDP (blue line). This chart calculates ratios for five-year periods because ratios for individual years are unstable.\n\nFigure 3. Comparison of five-year average growth in US energy consumption based on EIA data with five-year average amount of added debt required to add $1 of GDP.\nBased on Figure 3, the US average annual growth in energy consumption (red line) generally fell between 1951 and 2020. The quantity of debt that needed to be added to create an additional $1 dollar of GDP (blue line) has generally been rising.\nAccording to Investopedia, Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. Notice that there is no mention of debt in this definition. If businesses or governments can find a way to make large amounts of credit available to borrowers who are not very credit worthy, it becomes easy to sell cars, motorcycles or homes to buyers who may never repay that debt. If the economy hits turbulence, these marginal buyers are likely to default, causing a collapse in a debt bubble.\n[3] Analyzing Energy Consumption Growth, Debt Growth and Economic Growth for Broader Groupings of Years\nTo get a better idea what is happening with respect to energy growth, debt growth, and GDP growth, I created some broader groupings of years, based primarily on patterns in Figure 2, showing inflation-adjusted oil prices. The following groupings of years were chosen:\n\n1950-1973\n1974-1980\n1981-2000\n2001-2014\n2015-2020\n\nUsing these groupings of years, I put together charts in which it is easier to see trends.\n\nFigure 4. Average annual increase in energy consumption for period shown based on EIA data versus average increase in real (inflation-adjusted) GDP for the period shown based on data of the US Bureau of Economic Analysis.\nFigure 4 shows that for the US, there has been a general downward trend in the annual growth of energy consumption. At same time, real (that is, inflation-adjusted) GDP has been trending downward, but not quite as quickly.\nWe would expect that lower energy consumption would lead to lower growth in real GDP because it takes energy of the appropriate kinds to make goods and services. For example, it takes oil to ship most goods. It takes electricity to operate computers and keep the lights on. According to the World Coal Association, large quantities of coal are used in producing cement and steel. These are important for construction, such as is planned in stimulus projects around the world.\nAlso, on Figure 4, the period 1981 to 2000 shows an uptick in both energy consumption growth and real GDP growth. This period corresponds to a period of relatively low oil prices (Figure 2). With lower oil prices, businesses found it affordable to add new devices to leverage human labor, making workers more productive. The growing productivity of workers is at least part of what led to the increased growth in real GDP.\n\nFigure 5. Dollars of additional debt required to add $1 dollar of GDP growth (including inflation), based on data of the US Bureau of Economic Analysis.\nFigure 5, above, is disturbing. It strongly suggests that the US economy (and probably a lot of other economies) has needed to add an increasing amount of debt to add $1 of GDP in recent years. This pattern started long before President Biden’s $1.9 trillion stimulus package in 2021.\nTo make matters worse, GDP growth in Figure 5 has not been reduced to remove the impact of inflation. On average, removing the impact of inflation reduces the above GDP growth by about half. In the period 2015 to 2020, it took about $4.35 of additional debt to add one dollar of GDP growth, including inflation. It would take about double that amount, or $8.70 worth of debt, to create $1.00 worth of inflation-adjusted growth. With such a low return on added debt, it seems unlikely that the $1.9 trillion stimulus package will increase the growth of the economy very much.\n[4] Falling interest rates (Figure 6) are a major part of what allowed the rapid growth in debt after 1981 shown in Figure 5.\n\nFigure 6. 10-Year and 3-Month US Treasury Rates through February 2021, in a chart prepared by the Federal Reserve of St. Louis.\nClearly, debt is more affordable if the interest rate is lower. For example, auto loans and home mortgages have lower monthly payments if the interest rate is lower. It is also clear that governments need to spend less of their tax revenue on interest rate payments if interest rates are lower. Changes made by US President Ronald Reagan when he took office 1981 also encouraged the use of more debt.\nA major concern with respect to today’s debt bubble is the fact that interest rates are about as low as they can go without going negative. In fact, the interest rate on 10-year Treasury bonds is now 1.72%, which is higher than the February 2021 average rate shown on the chart. As interest rates rise, it becomes more costly to add more debt. As interest rates rise, businesses will be less likely to take on debt in order to expand and hire more workers.\n[5] Interest expense is a major expense of governments, businesses, and homeowners everywhere. Energy costs are another major expense of governments, businesses, and homeowners. It makes sense that falling interest rates can partly hide rising energy prices.\nA trend toward lower interest rates was needed starting in 1981 because the US could no longer produce large amounts of crude oil that were profitable to sell at less than $20 per barrel, in inflation-adjusted prices. Lower interest rates made adding debt more feasible. This added debt could smooth the transition to an economy that was less dependent on oil, now that it was high-priced. The lower interest rates helped all segments of the economy adjust to the new higher cost of oil and other fuels.\n[6] The US experience shows precisely how helpful having a rapidly growing supply of inexpensive to produce oil could be to an economy.\nUS oil production, excluding Alaska (blue “remainder” in Figure 7), rose rapidly after 1945 but began to decline not long after hitting a peak in 1970. This growing oil production had temporarily provided a huge boost to the US economy.\n\nFigure 7. US crude oil production, based on data of the US Energy Information Administration.\nUp until almost 1970, US oil production was rising rapidly. Figure 8 shows that during this period, incomes of both the bottom 90% of workers and the top 10% of workers increased rapidly. Over a period of about 20 years, incomes for both groups grew by about 80%, after adjusting for inflation. On average, workers were about 4% better off each year, with the rapid growth in very inexpensive-to-produce oil, all of which stayed in the US (rather than being exported). US imports of inexpensive-to-produce oil also grew during this period.\nOnce oil prices were higher, income growth for both the lower 90% and the top 10% slowed. With the changes made starting in 1981, wage disparities quickly started to grow. There suddenly became a need for new, high-tech approaches that used less oil. But these changes were more helpful to the managers and highly educated workers than the bottom 90% of workers.\n\nFigure 8. Chart comparing income gains by the top 10% to income gains by the bottom 90% by economist Emmanuel Saez. Based on an analysis of IRS data, published in Forbes.\n[7] Most of the world’s cheap-to-extract oil sources have now been exhausted. Our problem is that the world market cannot get prices to rise high enough for producers to cover all of their expenses, including taxes.\nBased on my analysis, the world price of oil would need to be at least $120 per barrel to cover all of the costs it needs to cover. The costs that need to be covered include more items than an oil company would normally include in its costs estimates. The company needs to develop new fields to compensate for the ones that are being exhausted. It needs to pay interest on its debt. It also needs to pay dividends to its shareholders. In the case of shale producers, the price needs to be high enough that production outside of “sweet spots” can be carried on profitably.\nFor oil exporters, it is especially important that the sales price be high enough so that the government of the oil exporting country can collect adequate tax revenue. Otherwise, the exporting country will not be able to maintain food subsidy programs that the population depends on and public works programs that provide jobs.\n[8] The world can add more debt, but it is difficult to see how the debt bubble that is created will really pull the world economy forward rapidly enough to keep the debt bubble from collapsing in the next year or two.\nMany models are based on the assumption that the economy can easily go back to the growth rate it had, prior to COVID-19. There are several reasons why this seems unlikely:\n\nMany parts of the world economy weren’t really growing very rapidly prior to the pandemic. For example, shopping malls were doing poorly. Many airlines were in financial difficulty. Private passenger auto sales in China reached a peak in 2017 and have declined every year since.\nAt the low oil prices prior to the pandemic, many oil producers (including the US) would need to reduce their production. The 2019 peak in shale production (shown in Figure 7) may prove to be the peak in US oil production because of low prices.\nOnce people became accustomed to working from home, many of them really do not want to go back to a long commute.\nIt is not clear that the pandemic is really going away, now that we have kept it around this long. New mutations keep appearing. Vaccines aren’t 100% effective.\nAs I showed in Figure 5, adding more debt seems to be a very inefficient way of digging the economy out of a hole. What is really needed is a growing supply of oil that can be produced and sold profitably for less than $20 per barrel. Other types of energy need to be similarly inexpensive.\n\nI should note that intermittent wind and solar energy is not an adequate substitute for oil. It is not even an adequate substitute for “dispatchable” electricity production. It is simply an energy product that has been sufficiently subsidized that it can often make money for its producers. It also sounds good, if it is referred to as “clean energy.” Unfortunately, its true value is lower than its cost of production.\n[9] What’s Ahead?\nI expect that oil prices will rise a bit, but not enough to raise prices to the level producers require. Interest rates will continue to rise as governments around the world attempt more stimulus. With these higher interest rates and higher oil prices, businesses will do less and less well. This will slow the economy enough that debt defaults become a major problem. Within a few months to a year, the worldwide debt bubble will start to collapse, bringing oil prices down by more than 50%. Stock market prices and prices of buildings of all kinds will fall in inflation-adjusted dollars. Many bonds will prove to be worthless. There will be problems with empty shelves in stores and gasoline stations with no products to sell.\nPeople will start to see that while debt is a promise for the equivalent of future goods and services, it is not necessarily the case that those who make the promises will be able to stand behind these promises. Paper wealth generally can be expected to lose its value.\nI can imagine a situation, not too many years from now, whencountries everywhere will establish new currencies that are not as easily interchangeablewith other currencies as today’s currencies are. International trade will dramatically fall. The standard of living of most people will fall precipitously.\nI doubt that the new currencies will be electronic currencies. Keeping the electricity on is a difficult task in economies that increasingly need to rely solely on local resources. Electricity may be out for months at a time after an equipment failure or a storm. Having a currency that depends on electricity alone would be a poor idea.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362497585,"gmtCreate":1614655326747,"gmtModify":1703479425718,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>share for tiger coins","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>share for tiger coins","text":"$Tiger Brokers(TIGR)$share for tiger coins","images":[{"img":"https://static.tigerbbs.com/78f74b0fe6e89be124e96f5b17b39635","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/362497585","isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":361239654,"gmtCreate":1614236272778,"gmtModify":1634550550724,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"Like, comment and huat!","listText":"Like, comment and huat!","text":"Like, comment and huat!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/361239654","repostId":"1192102884","repostType":4,"repost":{"id":"1192102884","kind":"news","pubTimestamp":1614231901,"share":"https://www.laohu8.com/m/news/1192102884?lang=&edition=full","pubTime":"2021-02-25 13:45","market":"us","language":"en","title":"These fractional stocks, not GameStop, can outdo hedge funds at their own game, Jim Cramer says","url":"https://stock-news.laohu8.com/highlight/detail?id=1192102884","media":"cnbc","summary":"KEY POINTS\n\n“If you really want to beat the big institutions at their own game, you don’t do it with","content":"<div>\n<p>KEY POINTS\n\n“If you really want to beat the big institutions at their own game, you don’t do it with GameStop and AMC. You do it with fractional shares and you do it right,” CNBC’s Jim Cramer said.\n“...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/24/cramer-these-fractional-stocks-not-gamestop-can-outdo-hedge-funds.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These fractional stocks, not GameStop, can outdo hedge funds at their own game, Jim Cramer says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese fractional stocks, not GameStop, can outdo hedge funds at their own game, Jim Cramer says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 13:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/24/cramer-these-fractional-stocks-not-gamestop-can-outdo-hedge-funds.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\n“If you really want to beat the big institutions at their own game, you don’t do it with GameStop and AMC. You do it with fractional shares and you do it right,” CNBC’s Jim Cramer said.\n“...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/24/cramer-these-fractional-stocks-not-gamestop-can-outdo-hedge-funds.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NOW":"ServiceNow","CMG":"墨式烧烤",".SPX":"S&P 500 Index","AMC":"AMC院线","NVDA":"英伟达","GOOG":"谷歌","LRCX":"拉姆研究",".IXIC":"NASDAQ Composite","TTD":"Trade Desk Inc.",".DJI":"道琼斯","NFLX":"奈飞","HUBS":"HubSpot","ALGN":"艾利科技","ISRG":"直觉外科公司","TSLA":"特斯拉","GME":"游戏驿站","GOOGL":"谷歌A","AMZN":"亚马逊"},"source_url":"https://www.cnbc.com/2021/02/24/cramer-these-fractional-stocks-not-gamestop-can-outdo-hedge-funds.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1192102884","content_text":"KEY POINTS\n\n“If you really want to beat the big institutions at their own game, you don’t do it with GameStop and AMC. You do it with fractional shares and you do it right,” CNBC’s Jim Cramer said.\n“The $500 Club … is how you make real wealth,” the “Mad Money” host, revealing a list of high-dollar stocks worth owning, said.\n“Some of [these stocks] are still off their highs, even after today,” he said. “I want you to pick three and start buying.”\n\nStock in GameStop and AMC found another leg to run on Wednesday, posting their strongest day of trading since an internet-fueled short squeeze sent their share prices to the stratosphere last month.\nAMC shares closed 18% higher at $9.09 and GameStop more than doubled to settle at $91.70 weeks after a so-called “meme stock” frenzy cooled off. Retail investors got behind a basket of recommendations on the Reddit forum Wall Street Bets in hopes of exposing an unusually high short interest by hedge funds in a number of stocks.\nWhile the rally was short-lived, CNBC’s Jim Cramer on Wednesday advised that young traders taking advantage of commission-free transactions on brokerage apps like Robinhood should rely less on speculative trades and get back to the basics of investing.\n“If you really want to beat the big institutions at their own game, you don’t do it with GameStop and AMC. You do it with fractional shares and you do it right,” the “Mad Money” host said. “The $500 Club … is how you make real wealth.”\nThe comments come after the major U.S. averages also compiled their best day of trading in weeks. The Dow Jones Industrial Average added 424 points to reach a new closing high of 31,961.86, up 1.35% from Tuesday. The S&P 500 and Nasdaq Composite both closed about 1% higher.\nWhile individual investors continue to take cues from Reddit to flood into stocks like GameStop, Cramer warned against the dangers of groupthink in the market.\n“At the end of the day, this is not a team sport,” Cramer said. “Instead of chasing these risky meme plays, instead of getting impaled on a squeeze going wrong, why not try long-term investing?”\nAfter the market closed, Cramer name dropped 12 proven stocks that are trading above $500, a price tag that is typically out of reach for investors who lack a lot of capital to put to work. Thanks to fractional shares, where a portion of a stock can be purchased, high-dollar stocks like Amazon or Chipotle may not be too far out of reach, he added.\n“Some of [these stocks] are still off their highs, even after today,” the host said. “I want you to pick three and start buying.”\n\n\nAmazon\nChipotle\nTrade Desk\nTesla\nIntuitive Surgical\nAlign Technology\nNvidia\nLam Research\nServiceNow\nNetflix\nHubSpot\nAlphabet","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173688824,"gmtCreate":1626657485368,"gmtModify":1631887103925,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>ffaster run before xd","listText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>ffaster run before xd","text":"$SINGTEL(Z74.SI)$ffaster run before xd","images":[{"img":"https://static.tigerbbs.com/f880306e4401b2354a34b5551eaeccb7","width":"1080","height":"3780"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/173688824","isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":349693918,"gmtCreate":1617597793434,"gmtModify":1634297664787,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"Please comment and like back ty","listText":"Please comment and like back ty","text":"Please comment and like back ty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/349693918","repostId":"2124875875","repostType":4,"repost":{"id":"2124875875","kind":"news","pubTimestamp":1617366960,"share":"https://www.laohu8.com/m/news/2124875875?lang=&edition=full","pubTime":"2021-04-02 20:36","market":"us","language":"en","title":"Tesla Q1 2021 Vehicle Production & Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=2124875875","media":"StreetInsider","summary":"PALO ALTO, Calif., April 02, 2021  -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.Forward-Looking Statements Statements herein regarding the timin","content":"<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.</p>\n<table>\n <tbody>\n  <tr>\n   <td></td>\n   <td><b>Production</b></td>\n   <td><b>Deliveries</b></td>\n   <td><b>Subject to operating lease accounting</b></td>\n  </tr>\n  <tr>\n   <td>Model S/X</td>\n   <td>-</td>\n   <td>2,020</td>\n   <td>6%</td>\n  </tr>\n  <tr>\n   <td>Model 3/Y</td>\n   <td>180,338</td>\n   <td>182,780</td>\n   <td>7%</td>\n  </tr>\n  <tr>\n   <td><b>Total</b></td>\n   <td><b>180,338</b></td>\n   <td><b>184,800</b></td>\n   <td><b>7%</b></td>\n  </tr>\n </tbody>\n</table>\n<p>***************</p>\n<p>Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only <a href=\"https://laohu8.com/S/AONE\">one</a> measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.</p>\n<p><b>Forward-Looking Statements</b>&nbsp;Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.</p>\n<p><img src=\"https://static.tigerbbs.com/db04c7b378cb2db912c3ba8a5a774ee3\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/c2196de8ba412c60c22ab491af7b1409\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_streetinsider","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>Tesla Q1 2021 Vehicle Production & Deliveries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q1 2021 Vehicle Production & Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18215929><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18215929\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18215929","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124875875","content_text":"PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.\n\n\n\n\nProduction\nDeliveries\nSubject to operating lease accounting\n\n\nModel S/X\n-\n2,020\n6%\n\n\nModel 3/Y\n180,338\n182,780\n7%\n\n\nTotal\n180,338\n184,800\n7%\n\n\n\n***************\nOur net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.\nForward-Looking Statements Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.","news_type":1},"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321651790,"gmtCreate":1615431737510,"gmtModify":1703488969246,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"Growth stock gg. Welcome to value stocks.[财迷]&nbsp;","listText":"Growth stock gg. Welcome to value stocks.[财迷]&nbsp;","text":"Growth stock gg. Welcome to value stocks.[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321651790","repostId":"1189640767","repostType":4,"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":364164341,"gmtCreate":1614824629183,"gmtModify":1703481611002,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"Comment and like to huat&nbsp;[财迷]&nbsp;","listText":"Comment and like to huat&nbsp;[财迷]&nbsp;","text":"Comment and like to huat [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/364164341","repostId":"1166414886","repostType":4,"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":369307373,"gmtCreate":1614002800592,"gmtModify":1634551583492,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"Comment and like to huat big big [财迷]","listText":"Comment and like to huat big big [财迷]","text":"Comment and like to huat big big [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/369307373","repostId":"1106666176","repostType":4,"repost":{"id":"1106666176","kind":"news","pubTimestamp":1613987158,"share":"https://www.laohu8.com/m/news/1106666176?lang=&edition=full","pubTime":"2021-02-22 17:45","market":"us","language":"en","title":"Silicon Valley is not suffering a tech exodus, and money is flowing in at record rate — for a fortunate few","url":"https://stock-news.laohu8.com/highlight/detail?id=1106666176","media":"MarketWatch","summary":"New data show little proof that people are leaving the Bay Area in droves, instead detailing record ","content":"<p>New data show little proof that people are leaving the Bay Area in droves, instead detailing record investment in startups and booming market caps for Big Tech while the region’s poor residents suffer brunt of COVID-19 pandemic</p>\n<p>Despite reports of an exodus, Silicon Valley remains the tech capital of the world, with new data showing continued record investment in the industry in 2020 and no overall declines in jobs and population in the region.</p>\n<p>While the high-profile departures of&nbsp;rich executives and investors like Elon Musk&nbsp;and&nbsp;companies like Oracle Corp.&nbsp;and&nbsp;Hewlett Packard Enterprise Corp.&nbsp;have raised questions about the future of California’s tech powerhouse, an annual report out this week found little evidence of a trend. Instead, the major effect of the COVID-19 pandemic on the San Francisco Bay Area in 2020 was the widening of the divide between the haves and have-nots, thanks to all the money still flowing into just a few pockets as the coronavirus ravages poorer communities.</p>\n<p>“Today, we must frankly admit that the pandemic has made the rich richer while the poor are dying,” said Russell Hancock, chief executive of Joint Venture Silicon Valley, which published its annual Silicon Valley Index this week detailing what happened in the region last year.</p>\n<p>The report showed record venture capital investment in Bay Area startups, along with booming market capitalizations for public tech companies and standard-setting initial public offerings. Amid fears of a tech-worker stampede out of the Golden State as companies allowed remote work, the population in Silicon Valley — defined as Santa Clara and San Mateo counties — was mostly flat for the year, rising 0.02%.</p>\n<p>While an overall out-migration was tracked in San Francisco, the vast majority of those who left the most prominent city in the region last year&nbsp;remained in the state, according to U.S. Postal Service data crunched by the San Francisco Chronicle this week. That’s in line with what the Silicon Valley Index shows: 59% of the people who have left the valley in the past few years have stayed in California, moving up or down the state.</p>\n<p>“I think we can all calm down,” said Rachel Massaro, Joint Venture’s director of research, during a news briefing about the index. “We’re a place of innovation. We’re a place that houses these impactful companies. We have not seen any significant losses among them.”</p>\n<p>In short, the region’s biggest companies and highest-paid people fared drastically better and in many cases thrived — white-collar workers, who earn more than three times as those in service occupations, got to work remotely and protect themselves from a deadly virus — while low-wage workers lost jobs and fell ill, their lack of a safety net shining a harsher light on inequality.</p>\n<p>“It’s a tale of two economies,” Hancock said. “There are two stories.”</p>\n<p><img src=\"https://static.tigerbbs.com/4e74e27c802a7abc5e4f17381a9dc9f7\" tg-width=\"620\" tg-height=\"343\" referrerpolicy=\"no-referrer\"><b>The tech story</b></p>\n<p>Silicon Valley and San Francisco companies’ market capitalization climbed 37% to $10.5 trillion last year, according to the report, thanks to huge spikes from companies such as Tesla Inc.TSLA,-0.77%,which saw its market cap skyrocket more than 700% in 2020; Apple Inc.AAPL,+0.12%,which saw a 77% increase, while Facebook Inc.FB,-2.91%grew 30% and GoogleGOOGL,-0.81%experienced a 28% boost.</p>\n<p>Big Tech kept getting bigger in other ways as well. The top 15 tech employers in the area — which includes the above plus other large companies like Intel Corp.INTC,+2.27%,Salesforce Inc.CRM,-0.18%and Cisco Systems Inc.CSCO,-1.42%— ended the year with a 3.7% increase in jobs even while the region saw a couple hundred thousand jobs disappear overall. And despite nagging questions about the effects of a work-from-home shift on commercial real estate, the largest companies in the region continued construction on existing projects, such as Google’s planned massive development in San Jose, Calif.</p>\n<p>The next generation also received record investment totals. Snowflake Inc.SNOW,+0.08%,DoorDash Inc.and Airbnb Inc.,all based in the Bay Area, were the three biggest U.S. initial public offerings of 2020, not including special-purpose acquisition companies. And even in a booming year for IPOs, Silicon Valley outperformed the rest: 2020 IPOs from the valley grew 117% and S.F. issuances grew 101%, while IPOs in general returned 80% last year, according to the Silicon Valley Index.</p>\n<p>It was also a record year for venture capital, with funding to Silicon Valley and San Francisco companies increasing 8% from 2019, the report said. Of the $123.6 billion in U.S. VC funding in 2020, $26.4 billion went to Silicon Valley, $20 billion to San Francisco and $67 billion to California. A lot of that investment went into well-known startups including Bay Area decacorns (private companies worth at least $10 billion) like Stripe, Instacart and Robinhood.</p>\n<p><img src=\"https://static.tigerbbs.com/aecd2f4f6588dc206cb09b59ebe10136\" tg-width=\"620\" tg-height=\"502\" referrerpolicy=\"no-referrer\"></p>\n<p><b>The other, less positive story</b></p>\n<p>While Big Tech flourished and money continued to pour into potential additions to that group, the gap between those flourishing from that performance and Silicon Valley’s poorer residents is wider than ever, the index shows.</p>\n<p>As of last Friday, 2,069 people in the region had died of COVID-19, Hancock said. Death rates were highest among Native Hawaiians/Pacific Islanders, Black/African Americans and Hispanic or Latinos, respectively. A report by the&nbsp;Mercury News&nbsp;showed that death rates were far higher in poorer neighborhoods than wealthier ones, such as in the largely Latino neighborhoods of East San Jose.</p>\n<p>Lower-wage workers lost their jobs or had to put their health at risk to hang onto their positions.</p>\n<p>“The pandemic wiped out our service sector and in-person economy,” Hancock said. “There’s real carnage out there. People have lost their livelihoods.”</p>\n<p>The region’s community infrastructure and service jobs declined 54% by midyear 2020. Hispanic people were 1.5 times more likely to file unemployment claims as white people, Hancock said. And in December, more than 626,000 households in the Bay Area, including nearly 200,000 households in Silicon Valley, were at risk of eviction or mortgage nonpayment, according to the index.</p>\n<p>Shuttle drivers who drove tech employees to various offices around the Bay Area for companies such as Salesforce Inc.,Twitter Inc.&nbsp;and others — which have told their employees they can work remotely permanently or most of the time — have been laid off or furloughed, said Stacy Murphy, business representative for Teamsters Local 853, which represents about 800 shuttle drivers in the Bay Area. Some drivers are still on paid furlough, but others are no longer receiving wages and most have no idea when they can return to work.</p>\n<p>“We are all patiently waiting,” said Murphy, who has said the union is in constant discussions and is advocating for the drivers to keep getting paid.</p>\n<p><b>The murky future</b></p>\n<p>Some data from the index shows that concerns about a threat to the region’s reign as a tech center are not unfounded. Although Silicon Valley’s population did not decline in 2020, a yearslong out-migration trend did continue. Still, the index shows that the net out-migration in 2020 was about half that of the departures from the region in 2001, after the dot-com bubble burst.</p>\n<p>The index also shows that the employment growth rate of the top 15 largest tech employers in Denver (14.7%) and Sacramento (14.5%) were nearly four times that of the Bay Area’s 3.7%. And the Bay Area’s share of those same companies’ U.S. workforces fell from 26.1% in January 2020 to 23.9% in December. While the percentage gains were smaller, the Bay Area still added more tech jobs in total than the other metropolitan areas.</p>\n<p>Metro areas in Florida, Texas and elsewhere are touting themselves as the next big tech hubs as companies and executives move to places like Texas, where Oracle and Hewlett Packard Enterprise Co.&nbsp;have moved their headquarters — even as many Oracle employees remain in the Bay Area, Hancock pointed out.</p>\n<p>As other companies move or make decisions about whether their employees should return to the office, it will affect the construction projects that have been put on hold or the office-space rental rates that have mostly held steady.</p>\n<p>The Bay Area Council, which includes the region’s companies as members and advocates for business-friendly policies, has launched a “business climate” initiative as it worries about companies leaving the region.</p>\n<p>“It’s not going to be an immediate change,” said Patrick Kallerman, research director for the Bay Area Council Economic Institute. “The Bay Area isn’t going to be a ghost town in six months. We’re asking ourselves if this is going to be a long-term, significant change.”</p>\n<p>Those changes will affect the quality of life in the Bay Area as municipalities find themselves with budget shortfalls. Silicon Valley city revenues are expected to decline by an average of 5% mostly due to the pandemic’s effects, according to the SV Index. San Francisco saw sales tax revenue decline 43% in the second quarter of 2020 compared with the prior year, according to the&nbsp;San Francisco Chronicle, which looked at the effects of the pandemic on the city’s once-bustling&nbsp;downtown.</p>\n<p>What happens to the big businesses — whether they leave, stay, change their work-from-home policies — will affect the small ones, too.</p>\n<p>Alicia Villanueva, who owns Alicia’s Tamales Los Mayas, a tamale factory in Hayward, Calif., and Lynna Martinez, owner of Cuban Kitchen, a restaurant in San Mateo, Calif., both said that despite devastating drops in their revenue, they avoided laying off any employees because of the Paycheck Protection Program (PPP) and other loans.</p>\n<p>Both businesses relied heavily on catering to tech and other companies in the Bay Area.</p>\n<p>“We had hundreds of clients, including Oracle, Facebook, Google and Comcast,” Martinez said. “We would do anywhere between 100 to 300 orders before we opened our doors at 11 a.m. Then in March and April, boom, 50% of our business was gone.”</p>\n<p>The two women said they have had to adjust and make up the lost business however they can. Martinez said her catering business is probably a tenth of what it once was. Villanueva’s son is delivering tamales to a school district that’s more than 60 miles away.</p>\n<p>“He’s waking up at 2 a.m. to get ready and deliver to Vacaville at 5 a.m.,” said Villanueva, who has 21 employees.</p>\n<p>Martinez and her eight employees are relying more on referrals, and she’s now considering franchising.</p>\n<p>“The pandemic forced us to target a wider, more dispersed base,” she said. “In some ways, this was a good challenge for me as a business owner who wanted to pursue the idea of having a franchise.”</p>","source":"market_watch","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>Silicon Valley is not suffering a tech exodus, and money is flowing in at record rate — for a fortunate few</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilicon Valley is not suffering a tech exodus, and money is flowing in at record rate — for a fortunate few\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-22 17:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/silicon-valley-is-not-suffering-a-tech-exodus-and-money-is-flowing-in-at-record-rate-for-a-fortunate-few-11613760421?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New data show little proof that people are leaving the Bay Area in droves, instead detailing record investment in startups and booming market caps for Big Tech while the region’s poor residents suffer...</p>\n\n<a href=\"https://www.marketwatch.com/story/silicon-valley-is-not-suffering-a-tech-exodus-and-money-is-flowing-in-at-record-rate-for-a-fortunate-few-11613760421?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎",".SPX":"S&P 500 Index","TWTR":"Twitter","TSLA":"特斯拉","DASH":"DoorDash, Inc.","AAPL":"苹果",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/silicon-valley-is-not-suffering-a-tech-exodus-and-money-is-flowing-in-at-record-rate-for-a-fortunate-few-11613760421?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1106666176","content_text":"New data show little proof that people are leaving the Bay Area in droves, instead detailing record investment in startups and booming market caps for Big Tech while the region’s poor residents suffer brunt of COVID-19 pandemic\nDespite reports of an exodus, Silicon Valley remains the tech capital of the world, with new data showing continued record investment in the industry in 2020 and no overall declines in jobs and population in the region.\nWhile the high-profile departures of rich executives and investors like Elon Musk and companies like Oracle Corp. and Hewlett Packard Enterprise Corp. have raised questions about the future of California’s tech powerhouse, an annual report out this week found little evidence of a trend. Instead, the major effect of the COVID-19 pandemic on the San Francisco Bay Area in 2020 was the widening of the divide between the haves and have-nots, thanks to all the money still flowing into just a few pockets as the coronavirus ravages poorer communities.\n“Today, we must frankly admit that the pandemic has made the rich richer while the poor are dying,” said Russell Hancock, chief executive of Joint Venture Silicon Valley, which published its annual Silicon Valley Index this week detailing what happened in the region last year.\nThe report showed record venture capital investment in Bay Area startups, along with booming market capitalizations for public tech companies and standard-setting initial public offerings. Amid fears of a tech-worker stampede out of the Golden State as companies allowed remote work, the population in Silicon Valley — defined as Santa Clara and San Mateo counties — was mostly flat for the year, rising 0.02%.\nWhile an overall out-migration was tracked in San Francisco, the vast majority of those who left the most prominent city in the region last year remained in the state, according to U.S. Postal Service data crunched by the San Francisco Chronicle this week. That’s in line with what the Silicon Valley Index shows: 59% of the people who have left the valley in the past few years have stayed in California, moving up or down the state.\n“I think we can all calm down,” said Rachel Massaro, Joint Venture’s director of research, during a news briefing about the index. “We’re a place of innovation. We’re a place that houses these impactful companies. We have not seen any significant losses among them.”\nIn short, the region’s biggest companies and highest-paid people fared drastically better and in many cases thrived — white-collar workers, who earn more than three times as those in service occupations, got to work remotely and protect themselves from a deadly virus — while low-wage workers lost jobs and fell ill, their lack of a safety net shining a harsher light on inequality.\n“It’s a tale of two economies,” Hancock said. “There are two stories.”\nThe tech story\nSilicon Valley and San Francisco companies’ market capitalization climbed 37% to $10.5 trillion last year, according to the report, thanks to huge spikes from companies such as Tesla Inc.TSLA,-0.77%,which saw its market cap skyrocket more than 700% in 2020; Apple Inc.AAPL,+0.12%,which saw a 77% increase, while Facebook Inc.FB,-2.91%grew 30% and GoogleGOOGL,-0.81%experienced a 28% boost.\nBig Tech kept getting bigger in other ways as well. The top 15 tech employers in the area — which includes the above plus other large companies like Intel Corp.INTC,+2.27%,Salesforce Inc.CRM,-0.18%and Cisco Systems Inc.CSCO,-1.42%— ended the year with a 3.7% increase in jobs even while the region saw a couple hundred thousand jobs disappear overall. And despite nagging questions about the effects of a work-from-home shift on commercial real estate, the largest companies in the region continued construction on existing projects, such as Google’s planned massive development in San Jose, Calif.\nThe next generation also received record investment totals. Snowflake Inc.SNOW,+0.08%,DoorDash Inc.and Airbnb Inc.,all based in the Bay Area, were the three biggest U.S. initial public offerings of 2020, not including special-purpose acquisition companies. And even in a booming year for IPOs, Silicon Valley outperformed the rest: 2020 IPOs from the valley grew 117% and S.F. issuances grew 101%, while IPOs in general returned 80% last year, according to the Silicon Valley Index.\nIt was also a record year for venture capital, with funding to Silicon Valley and San Francisco companies increasing 8% from 2019, the report said. Of the $123.6 billion in U.S. VC funding in 2020, $26.4 billion went to Silicon Valley, $20 billion to San Francisco and $67 billion to California. A lot of that investment went into well-known startups including Bay Area decacorns (private companies worth at least $10 billion) like Stripe, Instacart and Robinhood.\n\nThe other, less positive story\nWhile Big Tech flourished and money continued to pour into potential additions to that group, the gap between those flourishing from that performance and Silicon Valley’s poorer residents is wider than ever, the index shows.\nAs of last Friday, 2,069 people in the region had died of COVID-19, Hancock said. Death rates were highest among Native Hawaiians/Pacific Islanders, Black/African Americans and Hispanic or Latinos, respectively. A report by the Mercury News showed that death rates were far higher in poorer neighborhoods than wealthier ones, such as in the largely Latino neighborhoods of East San Jose.\nLower-wage workers lost their jobs or had to put their health at risk to hang onto their positions.\n“The pandemic wiped out our service sector and in-person economy,” Hancock said. “There’s real carnage out there. People have lost their livelihoods.”\nThe region’s community infrastructure and service jobs declined 54% by midyear 2020. Hispanic people were 1.5 times more likely to file unemployment claims as white people, Hancock said. And in December, more than 626,000 households in the Bay Area, including nearly 200,000 households in Silicon Valley, were at risk of eviction or mortgage nonpayment, according to the index.\nShuttle drivers who drove tech employees to various offices around the Bay Area for companies such as Salesforce Inc.,Twitter Inc. and others — which have told their employees they can work remotely permanently or most of the time — have been laid off or furloughed, said Stacy Murphy, business representative for Teamsters Local 853, which represents about 800 shuttle drivers in the Bay Area. Some drivers are still on paid furlough, but others are no longer receiving wages and most have no idea when they can return to work.\n“We are all patiently waiting,” said Murphy, who has said the union is in constant discussions and is advocating for the drivers to keep getting paid.\nThe murky future\nSome data from the index shows that concerns about a threat to the region’s reign as a tech center are not unfounded. Although Silicon Valley’s population did not decline in 2020, a yearslong out-migration trend did continue. Still, the index shows that the net out-migration in 2020 was about half that of the departures from the region in 2001, after the dot-com bubble burst.\nThe index also shows that the employment growth rate of the top 15 largest tech employers in Denver (14.7%) and Sacramento (14.5%) were nearly four times that of the Bay Area’s 3.7%. And the Bay Area’s share of those same companies’ U.S. workforces fell from 26.1% in January 2020 to 23.9% in December. While the percentage gains were smaller, the Bay Area still added more tech jobs in total than the other metropolitan areas.\nMetro areas in Florida, Texas and elsewhere are touting themselves as the next big tech hubs as companies and executives move to places like Texas, where Oracle and Hewlett Packard Enterprise Co. have moved their headquarters — even as many Oracle employees remain in the Bay Area, Hancock pointed out.\nAs other companies move or make decisions about whether their employees should return to the office, it will affect the construction projects that have been put on hold or the office-space rental rates that have mostly held steady.\nThe Bay Area Council, which includes the region’s companies as members and advocates for business-friendly policies, has launched a “business climate” initiative as it worries about companies leaving the region.\n“It’s not going to be an immediate change,” said Patrick Kallerman, research director for the Bay Area Council Economic Institute. “The Bay Area isn’t going to be a ghost town in six months. We’re asking ourselves if this is going to be a long-term, significant change.”\nThose changes will affect the quality of life in the Bay Area as municipalities find themselves with budget shortfalls. Silicon Valley city revenues are expected to decline by an average of 5% mostly due to the pandemic’s effects, according to the SV Index. San Francisco saw sales tax revenue decline 43% in the second quarter of 2020 compared with the prior year, according to the San Francisco Chronicle, which looked at the effects of the pandemic on the city’s once-bustling downtown.\nWhat happens to the big businesses — whether they leave, stay, change their work-from-home policies — will affect the small ones, too.\nAlicia Villanueva, who owns Alicia’s Tamales Los Mayas, a tamale factory in Hayward, Calif., and Lynna Martinez, owner of Cuban Kitchen, a restaurant in San Mateo, Calif., both said that despite devastating drops in their revenue, they avoided laying off any employees because of the Paycheck Protection Program (PPP) and other loans.\nBoth businesses relied heavily on catering to tech and other companies in the Bay Area.\n“We had hundreds of clients, including Oracle, Facebook, Google and Comcast,” Martinez said. “We would do anywhere between 100 to 300 orders before we opened our doors at 11 a.m. Then in March and April, boom, 50% of our business was gone.”\nThe two women said they have had to adjust and make up the lost business however they can. Martinez said her catering business is probably a tenth of what it once was. Villanueva’s son is delivering tamales to a school district that’s more than 60 miles away.\n“He’s waking up at 2 a.m. to get ready and deliver to Vacaville at 5 a.m.,” said Villanueva, who has 21 employees.\nMartinez and her eight employees are relying more on referrals, and she’s now considering franchising.\n“The pandemic forced us to target a wider, more dispersed base,” she said. “In some ways, this was a good challenge for me as a business owner who wanted to pursue the idea of having a franchise.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698118963,"gmtCreate":1640316370763,"gmtModify":1640316699208,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"Merry Christmas!","listText":"Merry Christmas!","text":"Merry Christmas!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698118963","repostId":"2193078140","repostType":4,"repost":{"id":"2193078140","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":1640299360,"share":"https://www.laohu8.com/m/news/2193078140?lang=&edition=full","pubTime":"2021-12-24 06:42","market":"us","language":"en","title":"S&P 500 hits record close as Omicron fears ebb","url":"https://stock-news.laohu8.com/highlight/detail?id=2193078140","media":"Reuters","summary":"* Major indexes climb for 3rd straight session\n* Merck's at-home COVID-19 pill gets U.S. approval\n* ","content":"<p>* Major indexes climb for 3rd straight session</p>\n<p>* Merck's at-home COVID-19 pill gets U.S. approval</p>\n<p>* Weekly jobless claims unchanged at 205,000</p>\n<p>* Consumer spending increases 0.6% in November</p>\n<p>* Indexes up: Dow 0.55%, S&amp;P 0.62%, Nasdaq 0.85%</p>\n<p>Dec 23 (Reuters) - Wall Street's main indexes posted solid gains for a third straight session on Thursday, with the S&amp;P 500 marking a record-high close, as encouraging developments gave investors more ease about the economic impact of the Omicron coronavirus variant.</p>\n<p>Stocks ended the holiday-shortened week on a positive note, lifting sentiment heading into Christmas. Gains were broad among S&amp;P 500 sectors, led by consumer discretionary&nbsp;and industrials, which both rose about 1.2%.</p>\n<p>Vaccine makers <a href=\"https://laohu8.com/S/AZNCF\">AstraZeneca Plc</a>&nbsp;and Novavax Inc&nbsp;said their shots protected against Omicron as UK data suggested it may cause proportionally fewer hospital cases than the Delta variant, though public health experts warned the battle against COVID-19 was far from over.</p>\n<p>The arrival of Omicron has helped ratchet up market volatility for much of the last month of 2021, which has been a strong year for equities.</p>\n<p>“There was a lot of negative sentiment coming into the final part of the year, and investors have likely continued to see pretty strong economic growth and pretty positive developments as it relates to healthcare innovation around COVID and that is putting in a bit of a bid into equities and causing investors to look to allocate capital as they close out the year,” said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 196.67 points, or 0.55%, to 35,950.56, the S&amp;P 500&nbsp;gained 29.23 points, or 0.62%, to 4,725.79 and the Nasdaq Composite&nbsp;added 131.48 points, or 0.85%, to 15,653.37.</p>\n<p>Defensive sectors, which have mostly outperformed in December, generally lagged on Thursday. The real estate sector&nbsp;fell 0.4%.</p>\n<p>The S&amp;P 500 has gained for three days, after falling in the three prior sessions.</p>\n<p>“People are seeing the strength on Tuesday and Wednesday and all of a sudden everybody is more optimistic again,” said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.</p>\n<p>For the week, the S&amp;P 500 rose 2.3%, the Dow gained about 1.7% and the Nasdaq climbed 3.2%.</p>\n<p>Trading volumes were expected to be thinner than usual ahead of the Christmas and New Year holidays. The stock market will be closed on Friday in observance of the Christmas holiday.</p>\n<p>In another medical development against the pandemic, the United States authorized Merck &amp; Co's&nbsp;antiviral pill for COVID-19 for certain high-risk adult patients, a day after giving a broader go-ahead to a similar but more effective treatment from Pfizer Inc. Merck shares fell 0.6%, while Pfizer dropped 1.4%.</p>\n<p>The number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week as the labor market tightens, while consumer spending increased solidly, putting the economy on track for a strong finish to 2021.</p>\n<p>Tesla Inc&nbsp;shares rose 5.8%, gaining sharply for a second day after Chief Executive Elon Musk said on Wednesday he was \"almost done\" with his stock sales after selling over $15 billion worth since early November.</p>\n<p>The S&amp;P 500 is up about 26% so far this year. Still, the environment for equities could be changing heading into next year as the Federal Reserve is expected to begin raising interest rates in 2022.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 35 new 52-week highs and no new lows; the Nasdaq Composite recorded 62 new highs and 80 new lows.</p>\n<p>About 8 billion shares changed hands in U.S. exchanges, compared with the 11.8 billion daily average over the last 20 sessions.</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>S&P 500 hits record close as Omicron fears ebb</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 hits record close as Omicron fears ebb\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-12-24 06:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Major indexes climb for 3rd straight session</p>\n<p>* Merck's at-home COVID-19 pill gets U.S. approval</p>\n<p>* Weekly jobless claims unchanged at 205,000</p>\n<p>* Consumer spending increases 0.6% in November</p>\n<p>* Indexes up: Dow 0.55%, S&amp;P 0.62%, Nasdaq 0.85%</p>\n<p>Dec 23 (Reuters) - Wall Street's main indexes posted solid gains for a third straight session on Thursday, with the S&amp;P 500 marking a record-high close, as encouraging developments gave investors more ease about the economic impact of the Omicron coronavirus variant.</p>\n<p>Stocks ended the holiday-shortened week on a positive note, lifting sentiment heading into Christmas. Gains were broad among S&amp;P 500 sectors, led by consumer discretionary&nbsp;and industrials, which both rose about 1.2%.</p>\n<p>Vaccine makers <a href=\"https://laohu8.com/S/AZNCF\">AstraZeneca Plc</a>&nbsp;and Novavax Inc&nbsp;said their shots protected against Omicron as UK data suggested it may cause proportionally fewer hospital cases than the Delta variant, though public health experts warned the battle against COVID-19 was far from over.</p>\n<p>The arrival of Omicron has helped ratchet up market volatility for much of the last month of 2021, which has been a strong year for equities.</p>\n<p>“There was a lot of negative sentiment coming into the final part of the year, and investors have likely continued to see pretty strong economic growth and pretty positive developments as it relates to healthcare innovation around COVID and that is putting in a bit of a bid into equities and causing investors to look to allocate capital as they close out the year,” said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 196.67 points, or 0.55%, to 35,950.56, the S&amp;P 500&nbsp;gained 29.23 points, or 0.62%, to 4,725.79 and the Nasdaq Composite&nbsp;added 131.48 points, or 0.85%, to 15,653.37.</p>\n<p>Defensive sectors, which have mostly outperformed in December, generally lagged on Thursday. The real estate sector&nbsp;fell 0.4%.</p>\n<p>The S&amp;P 500 has gained for three days, after falling in the three prior sessions.</p>\n<p>“People are seeing the strength on Tuesday and Wednesday and all of a sudden everybody is more optimistic again,” said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.</p>\n<p>For the week, the S&amp;P 500 rose 2.3%, the Dow gained about 1.7% and the Nasdaq climbed 3.2%.</p>\n<p>Trading volumes were expected to be thinner than usual ahead of the Christmas and New Year holidays. The stock market will be closed on Friday in observance of the Christmas holiday.</p>\n<p>In another medical development against the pandemic, the United States authorized Merck &amp; Co's&nbsp;antiviral pill for COVID-19 for certain high-risk adult patients, a day after giving a broader go-ahead to a similar but more effective treatment from Pfizer Inc. Merck shares fell 0.6%, while Pfizer dropped 1.4%.</p>\n<p>The number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week as the labor market tightens, while consumer spending increased solidly, putting the economy on track for a strong finish to 2021.</p>\n<p>Tesla Inc&nbsp;shares rose 5.8%, gaining sharply for a second day after Chief Executive Elon Musk said on Wednesday he was \"almost done\" with his stock sales after selling over $15 billion worth since early November.</p>\n<p>The S&amp;P 500 is up about 26% so far this year. Still, the environment for equities could be changing heading into next year as the Federal Reserve is expected to begin raising interest rates in 2022.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 35 new 52-week highs and no new lows; the Nasdaq Composite recorded 62 new highs and 80 new lows.</p>\n<p>About 8 billion shares changed hands in U.S. exchanges, compared with the 11.8 billion daily average over the last 20 sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","OEX":"标普100","BK4504":"桥水持仓","SH":"标普500反向ETF","IVV":"标普500指数ETF","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","BK4534":"瑞士信贷持仓","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500ETF","BK4559":"巴菲特持仓",".DJI":"道琼斯","BK4550":"红杉资本持仓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193078140","content_text":"* Major indexes climb for 3rd straight session\n* Merck's at-home COVID-19 pill gets U.S. approval\n* Weekly jobless claims unchanged at 205,000\n* Consumer spending increases 0.6% in November\n* Indexes up: Dow 0.55%, S&P 0.62%, Nasdaq 0.85%\nDec 23 (Reuters) - Wall Street's main indexes posted solid gains for a third straight session on Thursday, with the S&P 500 marking a record-high close, as encouraging developments gave investors more ease about the economic impact of the Omicron coronavirus variant.\nStocks ended the holiday-shortened week on a positive note, lifting sentiment heading into Christmas. Gains were broad among S&P 500 sectors, led by consumer discretionary and industrials, which both rose about 1.2%.\nVaccine makers AstraZeneca Plc and Novavax Inc said their shots protected against Omicron as UK data suggested it may cause proportionally fewer hospital cases than the Delta variant, though public health experts warned the battle against COVID-19 was far from over.\nThe arrival of Omicron has helped ratchet up market volatility for much of the last month of 2021, which has been a strong year for equities.\n“There was a lot of negative sentiment coming into the final part of the year, and investors have likely continued to see pretty strong economic growth and pretty positive developments as it relates to healthcare innovation around COVID and that is putting in a bit of a bid into equities and causing investors to look to allocate capital as they close out the year,” said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management.\nThe Dow Jones Industrial Average rose 196.67 points, or 0.55%, to 35,950.56, the S&P 500 gained 29.23 points, or 0.62%, to 4,725.79 and the Nasdaq Composite added 131.48 points, or 0.85%, to 15,653.37.\nDefensive sectors, which have mostly outperformed in December, generally lagged on Thursday. The real estate sector fell 0.4%.\nThe S&P 500 has gained for three days, after falling in the three prior sessions.\n“People are seeing the strength on Tuesday and Wednesday and all of a sudden everybody is more optimistic again,” said Robert Pavlik, senior portfolio manager at Dakota Wealth Management.\nFor the week, the S&P 500 rose 2.3%, the Dow gained about 1.7% and the Nasdaq climbed 3.2%.\nTrading volumes were expected to be thinner than usual ahead of the Christmas and New Year holidays. The stock market will be closed on Friday in observance of the Christmas holiday.\nIn another medical development against the pandemic, the United States authorized Merck & Co's antiviral pill for COVID-19 for certain high-risk adult patients, a day after giving a broader go-ahead to a similar but more effective treatment from Pfizer Inc. Merck shares fell 0.6%, while Pfizer dropped 1.4%.\nThe number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week as the labor market tightens, while consumer spending increased solidly, putting the economy on track for a strong finish to 2021.\nTesla Inc shares rose 5.8%, gaining sharply for a second day after Chief Executive Elon Musk said on Wednesday he was \"almost done\" with his stock sales after selling over $15 billion worth since early November.\nThe S&P 500 is up about 26% so far this year. Still, the environment for equities could be changing heading into next year as the Federal Reserve is expected to begin raising interest rates in 2022.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.\nThe S&P 500 posted 35 new 52-week highs and no new lows; the Nasdaq Composite recorded 62 new highs and 80 new lows.\nAbout 8 billion shares changed hands in U.S. exchanges, compared with the 11.8 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":803,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":124288741,"gmtCreate":1624767107983,"gmtModify":1633948853720,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"Comment and give like to huat big big in July 2021&nbsp;","listText":"Comment and give like to huat big big in July 2021&nbsp;","text":"Comment and give like to huat big big in July 2021","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/124288741","repostId":"2146090006","repostType":4,"repost":{"id":"2146090006","kind":"highlight","pubTimestamp":1624755315,"share":"https://www.laohu8.com/m/news/2146090006?lang=&edition=full","pubTime":"2021-06-27 08:55","market":"us","language":"en","title":"5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2146090006","media":"Motley Fool","summary":"These growth and value stocks are begging to be bought by investors.","content":"<p>When Warren Buffett buys or sells a stock, Wall Street and retail investors tend to pay very close attention. That's because the Oracle of Omaha's track record is virtually unsurpassed. Since taking the reins of <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) in the mid-1960s, Buffett's company has averaged an annual return of 20%. This works out to an aggregate gain of greater than 2,800,000% for its Class A shares.</p>\n<p>Although Buffett isn't perfect, he and his investing team have a knack for identifying attractively valued businesses that have clear competitive advantages. As we prepare to move into the second half of 2021, the following five Buffett stocks stand out as those that should be bought hand over fist.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1077c8372814d2b8150e933b4c608005\" tg-width=\"700\" tg-height=\"466\"><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p>\n<h2>Amazon</h2>\n<p>Even though Buffett's investing lieutenants, Todd Combs and Ted Weschler, are the architects behind Berkshire Hathaway's stake in <b>Amazon</b> (NASDAQ:AMZN), it's arguably the Buffett stock that should be bought most aggressively ahead of the second half of the year.</p>\n<p>As most folks probably know, Amazon is an e-commerce juggernaut. Based on an April report from eMarketer, the company effectively controls $0.40 of every $1 spent online in the United States. It's also pivoted its online retail popularity into signing up more than 200 million people to its Prime program worldwide. The fees Amazon collects from Prime help it to undercut its competition on price. And it certainly doesn't hurt that Prime members tend to spend many multiples more than non-Prime shoppers during the course of the year.</p>\n<p>But it's the company's cloud infrastructure service, Amazon Web Services (AWS), that has truly budded into a star. Since the operating margins associated with cloud infrastructure are considerably higher than what Amazon nets from retail and advertising, AWS' growth is leading to a surge in operating cash flow. If investors were to continue to pay the midpoint of Amazon's operating cash flow multiple over the past decade, it could hit $10,000 a share by 2025.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b18b49b2b35da2fc49e0a83b883d1c22\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Bristol Myers Squibb</h2>\n<p>Pharmaceutical stocks are money machines, and none looks to be more attractive on a valuation basis than <b>Bristol Myers Squibb</b> (NYSE:BMY).</p>\n<p>One reason to be excited about this drug developer is its organic growth potential. Eliquis, which was co-developed with <b>Pfizer</b>, has blossomed into the world's leading oral anticoagulant, with sales expected to surpass $10 billion in 2021. Meanwhile, dozens of additional clinical trials are underway for cancer immunotherapy Opdivo, which generated $7 billion in sales last year. This offers plenty of opportunity to expand Opdivo's label and pump up its pricing power.</p>\n<p>Another reason Bristol Myers Squibb is such an intriguing stock is its November 2019 acquisition of cancer and immunology company Celgene. Buying Celgene brought the blockbuster multiple-myeloma drug Revlimid into the fold. Revlimid has sustainably grown its annual sales by a double-digit percentage for more than a decade, with label expansion, longer duration of use, and pricing power all playing a role. This key treatment, which topped $12 billion in sales last year, is protected from a full onslaught of generic competition until early 2026. That means Bristol Myers will be rolling in the dough for another five years, at minimum.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1b152e369d7c967dcbc926192ee888c1\" tg-width=\"700\" tg-height=\"531\"><span>Image source: Getty Images.</span></p>\n<h2>Mastercard</h2>\n<p>Everyone seems to be looking for the smartest recovery play from the pandemic. Payment processor <b>Mastercard</b> (NYSE:MA) might well be the safest way to take advantage of a steady uptick in consumer and enterprise spending.</p>\n<p>Mastercard isn't a cheap stock by any means -- at 36 times Wall Street's forward-year earnings consensus -- but it benefits from a simple numbers game. While economic contractions and recessions are inevitable, these periods of turbulence tend to be short-lived. By comparison, economic expansions often last many years. Buying into Mastercard allows investors to take full advantage of these long periods of economic expansion and robust spending. Plus, it doesn't hurt that Mastercard has the second-highest share of credit-card network purchase volume in the U.S., the leading market for consumption.</p>\n<p>Investors can also sleep easy with the understanding that Mastercard strictly sticks to payment facilitation. Even though some of its peers also lend, and are therefore able to generate interest income and fees during bull markets, Mastercard has avoided becoming a lender. It's something you'll truly appreciate when a recession strikes. Whereas most financial stocks will be forced to set aside capital to cover credit or loan delinquencies, Mastercard won't have to. This is a big reason it bounces back from recessions quicker than most financial stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4e1a1fe028efa4c966b66ef2cd466f5\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Teva Pharmaceutical Industries</h2>\n<p>If you have an appetite for turnaround plays, brand-name and generic-drug developer <b>Teva Pharmaceutical Industries</b> (NYSE:TEVA) is the stock to buy hand over fist for the second half of 2021. Like Amazon, it's a stock that was added to Berkshire Hathaway's portfolio by either Combs or Weschler and not Buffett.</p>\n<p>While there's no denying that Teva has its fair share of hurdles to overcome, the company's turnaround-focused CEO, Kare Schultz, has been a blessing. Since taking the helm less than four years ago, Schultz has helped shave off more than $10 billion in net debt, and he's overseen the reduction of roughly $3 billion in annual operating expenses. There's more work to do to improve Teva's balance sheet, but the company is very clearly on much firmer ground than it was back in 2016-2017.</p>\n<p>Schultz also has the potential to play peacemaker for a number of outstanding lawsuits targeting Teva's role in the opioid crisis. If this litigation can be resolved with minimal cash outlay, Teva's valuation could soar. At just 4 times the company's projected earnings in 2021, Teva is about as cheap as a healthcare stock can get.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44a30c4dfd6886a29e22d3c6558c3e56\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Bank of America</h2>\n<p>Lastly, bank stock <b>Bank of America</b> (NYSE:BAC) has the look of a company that can be confidently bought hand over fist for the second half of 2021.</p>\n<p>For much of the past decade, the Federal Reserve has kept interest rates at or near historic lows. That's meant less in the way of interest income for banks. But the latest update from the nation's central bank suggests that interest rates could begin creeping up in 2023, a year earlier than previously forecast. Bank of America is the most interest-sensitive money-center bank. According to its first-quarter investor presentation, BofA would generate $8.3 billion in net interest income on a 100-basis-point shift in the interest rate yield curve. Translation: Bank of America's profits should rocket higher beginning in 2023-2024.</p>\n<p>At the same time, BofA has done an outstanding job of controlling its costs and improving its operating efficiency. Investments in digitization have resulted in higher mobile app and digital banking use, which is allowing the company to consolidate some of its branches. Even with its shares at a 13-year high, Bank of America has plenty left in the tank.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/26/buffett-stocks-buy-hand-over-fist-second-half-2021/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When Warren Buffett buys or sells a stock, Wall Street and retail investors tend to pay very close attention. That's because the Oracle of Omaha's track record is virtually unsurpassed. Since taking ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/26/buffett-stocks-buy-hand-over-fist-second-half-2021/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BMY":"施贵宝","TEVA":"梯瓦制药","BAC":"美国银行","AMZN":"亚马逊","BRK.B":"伯克希尔B","MA":"万事达"},"source_url":"https://www.fool.com/investing/2021/06/26/buffett-stocks-buy-hand-over-fist-second-half-2021/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146090006","content_text":"When Warren Buffett buys or sells a stock, Wall Street and retail investors tend to pay very close attention. That's because the Oracle of Omaha's track record is virtually unsurpassed. Since taking the reins of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) in the mid-1960s, Buffett's company has averaged an annual return of 20%. This works out to an aggregate gain of greater than 2,800,000% for its Class A shares.\nAlthough Buffett isn't perfect, he and his investing team have a knack for identifying attractively valued businesses that have clear competitive advantages. As we prepare to move into the second half of 2021, the following five Buffett stocks stand out as those that should be bought hand over fist.\nBerkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.\nAmazon\nEven though Buffett's investing lieutenants, Todd Combs and Ted Weschler, are the architects behind Berkshire Hathaway's stake in Amazon (NASDAQ:AMZN), it's arguably the Buffett stock that should be bought most aggressively ahead of the second half of the year.\nAs most folks probably know, Amazon is an e-commerce juggernaut. Based on an April report from eMarketer, the company effectively controls $0.40 of every $1 spent online in the United States. It's also pivoted its online retail popularity into signing up more than 200 million people to its Prime program worldwide. The fees Amazon collects from Prime help it to undercut its competition on price. And it certainly doesn't hurt that Prime members tend to spend many multiples more than non-Prime shoppers during the course of the year.\nBut it's the company's cloud infrastructure service, Amazon Web Services (AWS), that has truly budded into a star. Since the operating margins associated with cloud infrastructure are considerably higher than what Amazon nets from retail and advertising, AWS' growth is leading to a surge in operating cash flow. If investors were to continue to pay the midpoint of Amazon's operating cash flow multiple over the past decade, it could hit $10,000 a share by 2025.\nImage source: Getty Images.\nBristol Myers Squibb\nPharmaceutical stocks are money machines, and none looks to be more attractive on a valuation basis than Bristol Myers Squibb (NYSE:BMY).\nOne reason to be excited about this drug developer is its organic growth potential. Eliquis, which was co-developed with Pfizer, has blossomed into the world's leading oral anticoagulant, with sales expected to surpass $10 billion in 2021. Meanwhile, dozens of additional clinical trials are underway for cancer immunotherapy Opdivo, which generated $7 billion in sales last year. This offers plenty of opportunity to expand Opdivo's label and pump up its pricing power.\nAnother reason Bristol Myers Squibb is such an intriguing stock is its November 2019 acquisition of cancer and immunology company Celgene. Buying Celgene brought the blockbuster multiple-myeloma drug Revlimid into the fold. Revlimid has sustainably grown its annual sales by a double-digit percentage for more than a decade, with label expansion, longer duration of use, and pricing power all playing a role. This key treatment, which topped $12 billion in sales last year, is protected from a full onslaught of generic competition until early 2026. That means Bristol Myers will be rolling in the dough for another five years, at minimum.\nImage source: Getty Images.\nMastercard\nEveryone seems to be looking for the smartest recovery play from the pandemic. Payment processor Mastercard (NYSE:MA) might well be the safest way to take advantage of a steady uptick in consumer and enterprise spending.\nMastercard isn't a cheap stock by any means -- at 36 times Wall Street's forward-year earnings consensus -- but it benefits from a simple numbers game. While economic contractions and recessions are inevitable, these periods of turbulence tend to be short-lived. By comparison, economic expansions often last many years. Buying into Mastercard allows investors to take full advantage of these long periods of economic expansion and robust spending. Plus, it doesn't hurt that Mastercard has the second-highest share of credit-card network purchase volume in the U.S., the leading market for consumption.\nInvestors can also sleep easy with the understanding that Mastercard strictly sticks to payment facilitation. Even though some of its peers also lend, and are therefore able to generate interest income and fees during bull markets, Mastercard has avoided becoming a lender. It's something you'll truly appreciate when a recession strikes. Whereas most financial stocks will be forced to set aside capital to cover credit or loan delinquencies, Mastercard won't have to. This is a big reason it bounces back from recessions quicker than most financial stocks.\nImage source: Getty Images.\nTeva Pharmaceutical Industries\nIf you have an appetite for turnaround plays, brand-name and generic-drug developer Teva Pharmaceutical Industries (NYSE:TEVA) is the stock to buy hand over fist for the second half of 2021. Like Amazon, it's a stock that was added to Berkshire Hathaway's portfolio by either Combs or Weschler and not Buffett.\nWhile there's no denying that Teva has its fair share of hurdles to overcome, the company's turnaround-focused CEO, Kare Schultz, has been a blessing. Since taking the helm less than four years ago, Schultz has helped shave off more than $10 billion in net debt, and he's overseen the reduction of roughly $3 billion in annual operating expenses. There's more work to do to improve Teva's balance sheet, but the company is very clearly on much firmer ground than it was back in 2016-2017.\nSchultz also has the potential to play peacemaker for a number of outstanding lawsuits targeting Teva's role in the opioid crisis. If this litigation can be resolved with minimal cash outlay, Teva's valuation could soar. At just 4 times the company's projected earnings in 2021, Teva is about as cheap as a healthcare stock can get.\nImage source: Getty Images.\nBank of America\nLastly, bank stock Bank of America (NYSE:BAC) has the look of a company that can be confidently bought hand over fist for the second half of 2021.\nFor much of the past decade, the Federal Reserve has kept interest rates at or near historic lows. That's meant less in the way of interest income for banks. But the latest update from the nation's central bank suggests that interest rates could begin creeping up in 2023, a year earlier than previously forecast. Bank of America is the most interest-sensitive money-center bank. According to its first-quarter investor presentation, BofA would generate $8.3 billion in net interest income on a 100-basis-point shift in the interest rate yield curve. Translation: Bank of America's profits should rocket higher beginning in 2023-2024.\nAt the same time, BofA has done an outstanding job of controlling its costs and improving its operating efficiency. Investments in digitization have resulted in higher mobile app and digital banking use, which is allowing the company to consolidate some of its branches. Even with its shares at a 13-year high, Bank of America has plenty left in the tank.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340013197,"gmtCreate":1617322016419,"gmtModify":1634521468018,"author":{"id":"3551005900171575","authorId":"3551005900171575","name":"LamPatrick","avatar":"https://static.tigerbbs.com/e030c454d48868b546dbefa7ff2b4c87","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3551005900171575","idStr":"3551005900171575"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FUBO\">$fuboTV Inc.(FUBO)$</a>Above 5ma le","listText":"<a href=\"https://laohu8.com/S/FUBO\">$fuboTV Inc.(FUBO)$</a>Above 5ma le","text":"$fuboTV Inc.(FUBO)$Above 5ma le","images":[{"img":"https://static.tigerbbs.com/d667f5f40b1f429e1d7c757d6d684d50","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/340013197","isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}